Chapter 1104 If you want to wear the crown, you must bear its weight!
What is the concept of US$100 billion in the domestic A-share market at this time?
In 2001, the total share capital of China A-share market was 4,352.2 billion Chinese dollars.
According to the current exchange rate, 100 billion U.S. dollars is 780 billion Chinese dollars.
In other words, for this sniper attack, Wall Street capital has amassed more than one-sixth of the total capital of the entire A-share market.
This means that if no measures are taken, just this 100 billion US dollars can completely destroy the entire A-share market.
This is something Li Jin and the Chinese officials absolutely do not want to see.
"It still happened."
After Li Jin hung up the phone, Li Songci sighed.
"Wall Street capital and U.S. officials will not give up. If you destroy their secondary market, they will destroy your entire finance. And this time they are coming with force. If they don't get something, I'm afraid they won't give up."
Li Jin nodded and said: "Actually, I have been avoiding such a situation, so the main battlefield is always in the financial market of the United States. Even if fighting in a remote place is very detrimental to Jin Qingtian's investment, it is better than fighting at home.
Even if the battle is good, China's finances are still too fragile and cannot withstand the torment of such a war."
"Originally, I thought that as long as they were held back in the U.S. financial market, they would not have the energy and time to attack the Chinese financial market."
"But now that the subprime mortgage crisis has broken out, Wall Street capital has hardly taken any countermeasures in the past two days other than self-rescue. It seems that this crisis has also made them break down. They have suffered huge losses in this crisis and have to pull it back."
Let’s go into the water with China.”
"This is a big loss for you." Li Songci worriedly said. "The U.S. financial market is the largest economic center in the world, and whether it is its heritage or foundation, it is not comparable to China, which has just reformed and opened up in just a decade or two.
"
"Moreover, such a subprime mortgage crisis will break out sooner or later. If it breaks out early, it will only benefit them. It is equivalent to removing the tumor before it worsens. It is just an immediate pain. If it is delayed until the future, it will not develop.
A further outbreak will cause even greater losses to the United States."
"They obviously understand this. A loss is a loss. They can afford to lose 100 billion or even more, but China cannot afford to lose. Just these 100 billion US dollars of funds are enough to completely destroy China's finance.
The achievements of reform and opening up for so long will completely collapse."
After speaking, Li Songci looked at Li Jin with a worried look and said: "So you must think clearly about how to deal with this matter. Now I am afraid that not only your investors, but also Yanjing are waiting for you."
Give me a way."
"If you want to wear a crown, you must bear its weight. The crisis before you is the biggest and most important difficulty before you wear this crown."
"I know."
Li Jin nodded and looked sideways at the sea of clouds outside the window, as if he was speaking to Li Song's poems, and as if speaking to himself, he said softly: "I don't care about the crown or not, but I will never allow the United States to regard China as
Like a neon sign, the Plaza Accord will set China’s economy back for decades. China cannot afford to lose anything.”
…
"China can't afford the loss."
This is what Li Jin said to all the investors in the meeting after returning to Qianhai urgently.
At this moment, all major investors from Jin Qingtian who invested more than 100 million Chinese dollars were present at the meeting.
Most of them were unable to arrive in person because they were out of town, but even so, they put aside everything else to attend this video conference.
At this time, dozens of small electronic windows were gathered on the huge electronic screen in front of Li Jin.
And inside every electronic window there is a person, male or female, old or young.
These include the CEOs of the top five domestic securities companies, the top ten venture capital companies, the founders of private equity funds, and the founders of major chambers of commerce. These people can be considered the top elites in China's economic and financial circles today.
Li Jin's introduction made everyone's expressions look very heavy.
There is no fool who can attend this meeting. Everyone understands that no eggs are left intact after the nest is overturned. No matter what industry they are in or their relationship with each other, in the face of the current environment of the fierce enemy of Wall Street capital, no one can
Stay out of it.
"Mr. Li, everyone understands what you said, but the question now is, what is the attitude of Yanjing?"
The boss of Hongshan Capital said.
"Now the competent authorities in Yanjing should be meeting to discuss countermeasures like us, and they will definitely have follow-up communication with us. So before that, everyone has the right to know what is happening now. Please also start immediately after the meeting.
Be prepared to avoid being unprepared for the coming stock market crash."
Li Jin's words made everyone present look even more serious.
"Mr. Li, has the matter become this serious?"
The person who asked this question was the boss of the largest daily necessities group in the country. He was in industry and didn't know much about finance, so Li Jin could understand such a layman's question.
"Mr. Chen, let me tell you this, if we lose this battle, your company will become a pile of abandoned factories tomorrow."
Li Jin's words made Mr. Chen's face change drastically.
He couldn't understand why his well-run industry turned into a pile of abandoned factories, but he understood one thing. There are professional people for professional things. Don't question the opinions of professionals if you don't understand it.
What's more, he didn't dare to question Li Jin's words.
"Once the stock market crashes, all listed companies in all walks of life will be the first to suffer. The stock price will fall to the bottom, and the company's market value will shrink, resulting in the company not being able to get cash flow for production and operations. At this time, if peer foreign companies come in, they will dump at low prices to seize the market.
In the market, what capital and confidence do you industrialists have to be able to compete with foreign counterparts?"
"This is a big social environment problem, so when it comes to countries, the country is in front and the family is behind. Without a country, there is no home. If the economic environment of our country is destroyed, we will become a group of fish and meat that can be slaughtered by others.
, there is no room for resistance, not at all."
After Li Jin gave two supplementary explanations, he came to the third question.
This question was asked by a wealthy businessman named Qin in Shanghai.
"Mr. Li, is Jin Qingtian Investment considering withdrawing capital from the US market and returning to the mainland capital market?"
This question made Li Jin look at the wealthy businessman named Qin who asked the question.
This wealthy businessman surnamed Qin is very low-key, but Li Jin knows that he has a son who is not low-key at all. Xiao Qin, who is still only in his teens, will be known as the top second generation of the Emperor of Shanghai in the future.
But now, even I can only greet Li Jin honestly, Mr. Li.
"Not consider."
Li Jin's calm three words set off a storm in everyone's hearts.