Chapter 665 Just an appetizer
Chen Fan’s guess is correct. Since their major consortiums are prepared, they will naturally not just target a blueprint capital.
They vowed to let Donghua taste the taste of being shorted, how painful it was to be cut by someone.
Chen Fan immediately called Su Ruzhen, "Their goal is to the whole country, everyone should be careful."
"knew!"
Su Ruzhen returned to the office and immediately called Zhao Linlin.
Chen Fan said to Lu Wushuang, "You have to do something quickly."
"Yeah, you said."
"Contact with my elder sister and the others and do a good job in intelligence."
Hearing Chen Fan's arrangement, Lu Wushuang immediately asked the yacht to return without saying a word, "Then I'll go back first."
Chen Fan arranged several bodyguards to escort, after all, safety is important.
Lu Wushuang returned to Shenshui City and notified his elder sister and the others as soon as possible.
The three of them received the news and started working immediately.
They soon discovered that after these forces entered China Overseas and Dagang, they used their resources to borrow a large amount of funds.
You should know that there are many foreign-funded enterprises in Donghua all over the world. After these consortium working groups came in, they reached an agreement with them to mortgage all the assets they had, thus obtaining a large amount of funds.
Like the oil family, they even have their own banks in Donghua and have a lot of real estate.
After they obtained a lot of funds, they immediately attacked Dagang.
So that night, the foreign exchange market triggered an earthquake, the Hong Kong dollar plummeted, and the local currency depreciated, which triggered turmoil in the stock market.
The funds holding Dagang shares fled one after another, and the Dagang stock index plummeted by more than a dozen points.
Su Ruzhen and Zhao Linlin sat in the office, watching the index keep falling, both of them were particularly serious.
There was an invisible pressure in my heart.
Didn’t these people say they wanted to short Blueprint Capital? Why did they suddenly turn around and get involved in the Dagang stock market and foreign exchange?
Chen Fan came in and looked at the big screen in the trading room, the stock index and foreign exchange were in chaos.
"When will we take action?"
Zhao Linlin asked Chen Fan for instructions, and she felt like she was ready to face the challenge at any time.
Chen Fan said, "No hurry. If it's our turn to take action now, it's better not to fight this battle."
Faced with such emergencies, Dagang should have plans. This is not the first time they have faced such a problem. I believe they have enough ability to solve the problem.
Chen Fan remained silent, he was measuring the strength of both sides.
Dagang also immediately organized an effective counterattack, and in the second half, he pushed back the short-selling force, stabilizing the foreign exchange market, and a long lower shadow line was also closed on the stock market.
Although it doesn't seem to feel anything now, people who have experienced it are still scared.
Because the market suddenly plunged without warning, and it was a straight decline, evaporating hundreds of billions in minutes, which felt quite scary.
Many people feel that the situation is not good and decisively cut their positions.
But some people persisted and finally waited for a rebound, so they didn't lose much.
Chen Fan knew that this round was just a test to see how strong the takeover was?
Next they should adjust their strategy and continue to short.
Sure enough, I started to smash the market the next day, with a greater force than yesterday.
These consortium families sold large amounts of Hong Kong dollars in the foreign exchange market, and the stock market also caused huge fluctuations.
Endi was watching the game in Zhonghai's office. Seeing the fluctuations in the foreign exchange market, he shook his head, "It's not fierce enough. Why are they doing such a mother-in-law and mother?"
Someone next to him said, "It's not good to have full firepower just after entering the battle, right?"
"I just want to catch them off guard. Will I be able to turn on the fire when they react?"
"Idiot, it's simply stupid!"
"This kind of playing style will suffer sooner or later."
Endi cursed and called Dagang's commander, "Your method is wrong, soft and without any strength, how can you shock them!"
"As long as you push it hard, it will cause panic. In particular, it will cause institutions and retail investors. They will run away when the situation is not good. You don't need to take action at that time, they will help you to defeat the foreign exchange and the stock market.
Now.”
After scolding someone, he was still angry.
Davidson was also there in the command post of Dagang. He received a call from Endy that they increased their short selling efforts and shorted Dagang currency in the foreign exchange market.
Seeing that Dagang currency was losing money in the foreign exchange market, Zhao Linlin was very confused, "What are they doing? Why don't they resist? Are you waiting for others to harvest?"
Once the country's currency depreciates seriously, it will affect purchasing power.
Those who invest in Dagang will naturally choose to sell their currency to ensure their rights.
This is like gold and money. If gold prices rise, can we exchange for more money?
If it keeps rising and money keeps depreciating, will more people buy gold to maintain their value?
If the currency has been depreciating and the money they have finally earned with hard work is no longer valuable, then what's the use of their money?
If it continues to depreciate, money will become waste paper.
So at this moment you must protect the authority of the currency, otherwise it will cause great trouble.
At that time, Old George used this method to reap the wealth of the whole world, and at this moment they were just repeating the same trick.
They exchanged the borrowed money in the foreign exchange market for international currency, and after the price fell, they exchanged it for the international currency and returned it to the bank.
But they are not in a hurry to pay back now, and continue to smash the exchange currency in the foreign exchange market to continue to depreciate.
The more depreciating the value, the more money they make.
In order to restore this situation, Dagang immediately took measures to stop large loans.
Then, they use the international currency in their hands to take over, and they will take over as much as they have, and pull up the foreign exchange little by little.
At this moment, Chen Fan and the others were watching the game, and he had to wait for a suitable opportunity.
Like him, there are Endi who is far away in the Central Sea. Dagang is just an appetizer, and the real war has not yet begun.
This time they made a comeback, but they were fully prepared.
"It's strange, why haven't they taken action yet?"
"I'm really calm!"
Endi stared at the disk and said to himself based on the feedback information.
He called Dagang and asked about the situation, "How is the situation there?"
The other party replied confidently, "It's so relaxed. I really don't know how Old George lost back then."
"Don't they have the power to fight back?"
Endi said proudly, "That's not your ability, but your opponents are too weak. They misunderstood that they have experienced a stock market crash and have no ability to come and short them. They probably are not prepared, so you have to increase your efforts and win the first place in one fell swoop.
One battle.”
"Ok!"
The person in charge of Dagang was confident and waved his hand to increase his short selling efforts again.
Chapter completed!