Life at the Top
Life At The Top Chapter 2008
“Bring it here!”
Soros shouted. After he said that, he could not wait for his subordinates to print out the announcement, so he walked quickly t o the computer.
“Given the current increasingly complex domestic and international economic situation, after the batch listing of state owned enterprises with important assets, the Central Bank and the Ministry of Finance had obtained authorization to approve the entry of social security funds into the market. The total amount of social security funds entering the market this time is 600 billion Somer Dollars. It will follow the laws of the market economy to ensure the positive appreciation of the social security fund through capital operations…”
Soros did not finish reading the contents o f the announcement which only had a few hundred words. He understood what kind of decision Swallow Capital had made from just the first half of the announcement.
“Damn it, these punks from Somerland have decided to take this step after all!”
Soros was a little out of breath.
He knew that Swallow Capital would definitely protect the domestic A-share market and that no country would allow its financial market to be trampled and harvested by foreign capital, yet he did not expect Swallow Capital to respond so quickly.
His estimation was that it would take at least 2 trading days for Swallow Capital to react and take appropriate measures, and 2 trading days were enough for him to evaporate at least 100 billion of Somerland’s capital wealth. If the limit down of thousands of shares continued for 2 trading days, the consequences would be devastating.
However, things did not go according to plan.
The influence of this silent announcement was absolutely enormous.
The total social security fund in a country like Somerland would be terrifyingly huge. Also, because of its overwhelming participating population, its social
security fund was the top priority over its overall social stability.
The day had finally come for the Somerland government to use the social security fund.
Although the announcement did not mention what Wall Street capital had done in the domestic financial market, a discerning person could see at a glance that the batch of state-owned enterprises going public from before and the social security funds entering the market now was to resist the invasion of Wall Street capital.
In the financial battlefield, there was no smoke of gunpowder, yet murderous intent was everywhere.
On the day when the thousand shares fell t o the limit, Swallow Capital immediately officially announced that the social security fund would enter the market. It represented not only financial implications, but also carried a political overtone.
Therefore, when the outside world felt
Capital’s determination to protect the domestic financial
who would go on strike or demonstrate at any time would never understand the dependence and trust of the people of
also Jasper’s
wanted to accomplish a great task with little effort by clever maneuvers. The 600 billion social security fund was used a s an opening to mobilize the enthusiasm o
use 600 billion social security funds to fight Soros’ at least 200 billion US Dollars even if he
to the exchange rate, the power in Soros’ hands
great,
the capital of all of society could
hot money began pouring in. We’ve suppressed the stock price and shipping, but these crazy investors bought in like their lives depended on it. Right now, the situation is
of the subordinate’s
he had
dream.
in him, but instead, they placed even more trust in him. Only a madman like Jasper could come up
Soros roared.
person in the word who could
want to fight?
mad glint in Soros’
he and Jasper had nowhere to retreat. The two of them seemed to be standing on a tightrope high in the sky. If they retreated, the abyss would be waiting for them. Thus, they
a narrow road, only the brave would
Go all out to short the
one who knew you best was
Jasper knew Soros, Soros
A-share market at
important were those cornerstone industries. When it came to the Internet and finance, they were not
JW’s assets are located in
finance, and real estate
and see if you want to save them
amount of capital began shorting these three sectors. Countless stocks
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