In fact, if Tang Yun hadn't hacked the Quantum Fund's network, Soros wouldn't have left the market at such a critical moment. You must know that on the financial battlefield, every second is crucial. This may be what determines the outcome.
In one second, the 'Quantum Fund' network was hacked. Soros had no choice but to withdraw his funds to minimize losses.
The Prime Minister smiled slightly: "It seems that our little friend really gave us a surprise. He set fire behind the United States and took chestnuts from the fire. And he did it twice in a row. This kind of courage is really worth learning from us old guys."
China's financial market has stabilized and has steadily rebounded thanks to the efforts of the people across the country. The Lushen and Shenzhen stock markets just opened the next day. More than 1,600 stocks in the two cities all rose, and 350 stocks reached their daily limit. The two cities opened in the morning and afternoon.
The market was closed for 20 minutes to cope with the impact of the surge. At the close of trading, the Shanghai Composite Index rose by 98% and the Shenzhen Component Index rose by 109%, which was close to the normal trading volume before the financial crisis.
The foreign exchange market has hit a new high in several years, which is also expected. Due to the impact of international speculators on the U.S. dollar, the U.S. dollar has depreciated. Most people in the world are optimistic about the RMB and are selling the U.S. dollar.
According to statistics from the China Securities Regulatory Commission, the transaction volume that day reached 382 billion. China's financial market is in great shape. The current foreign exchange market in the United States is just like what Honor said. American people are selling dollars and buying gold in large quantities. Some people are even exchanging them.
RMB to ensure that the money in hand will not shrink.
Clinton sat in his office gloomily, hesitating for a long time before instructing his secretary to immediately arrange a meeting between him and the patriarchs of the Morgan family and the Rockefeller family.
Although the Morgan family and the Rockefeller family were single-handedly supported by the United States, after more than ten years of development and growth, these two super families have escaped from the control of the U.S. government. If they want them to take action, the U.S. government will have to pay an unbearable price.
But there is no other way. Now Clinton has no choice.
Two days later, the U.S. government reached an agreement with the Morgan family and the Rockefeller family. As for the price paid by the U.S. government, no one except both parties knew. The two families announced that they would each spend 1.5 trillion, for a total of 3 trillion to support the market. As soon as this news was announced
, the U.S. financial market finally stopped falling and rebounded quickly. Clinton finally breathed a sigh of relief.
When the two major families announced the bailout, international speculators felt that the U.S. financial market was no longer profitable, so they set their sights on Southeast Asia. Three days later, during the Lantern Festival, China's traditional festival, the world financial crisis officially broke out. Although this
The financial crisis was more severe than the one in 1997, and the losses were even more heavy. However, because all countries were well prepared, it did not trigger a global economic collapse and preserved a little bit of vitality.
Two months later, the financial crisis finally passed, and the world's financial markets returned to calm. Countries in Asia and Southeast Asia, including some European countries that were relatively less affected by the financial crisis, experienced economic depression.
In sharp contrast to them, China is prosperous. After the financial crisis, the Chinese government introduced a series of new policies. It expanded the scale of investment promotion and more preferential policies attracted more foreign investors. It also strongly supported domestic private enterprises.