The abnormal surge in grain prices has attracted the attention of grain storage groups that are already closely monitoring grain prices.
Almost immediately, the Grain Reserve Group contacted Li Jin.
Then, a massive number of sell orders immediately appeared in the market.
The price of grain is locked between 5% and 8% of the price increase before the market opens. Although there are fluctuations, no matter how much Soros takes in later, the Grain Reserve Group will be able to hedge these orders by selling.
.
Squinting his eyes slightly, Li Jin said: "Now the situation is about to enter a tug-of-war."
At present, in the domestic futures market, the trading volume of the grain sector is exploding exponentially, and the largest trading parties are the buyers headed by Quantum Fund and the sellers headed by Grain Reserve Group.
In just ten minutes after the market opened, the trading volume of both parties exceeded 1 billion Huaxia coins.
This trading volume is already comparable to the sum of other futures trading varieties at the same time.
You know, this is only ten minutes after the opening of the market, which is equivalent to a turnover rate of 100 million Huaxia coins per minute.
Wei Yan's heart was surging, and he whispered: "Mr. Li, once the situation falls into a tug of war, it will not be very beneficial to us."
"Yes, if foreign-funded institutions continue to buy large amounts of domestic grain, it will cause panic in the market. If there are people who are willing to guide public opinion and cause people to rush to buy grain, it will probably cause social unrest."
Li Jin agreed with Wei Yan's words, and at the same time began to think about what the country did when it faced a food war in his previous life.
He couldn't remember the details, but at that time he remembered that several places had issued administrative orders restricting the purchase of grain and cooking oil.
As a result, the people who were already panic-stricken at that time became even more panic-stricken.
If it weren't for the Chinese people's trust in the government, something might have happened at that time.
"This is not simple yet."
Li Songci, who had been silent all this time, suddenly said: "Reducing the price of grain and fully opening up the inventory will allow the people to see that the government has enough grain in stock."
These words attracted the attention of Li Jin and Wei Yan.
Li Songci continued to explain: "This is like a bank encountering a run. The reason why a run usually occurs is because people begin to distrust the bank, thinking that the bank is losing money and facing bankruptcy, and are worried about the loss of their assets in the bank, so they will
Eager to go to the bank to withdraw the deposit."
"But if there is enough convincing evidence to tell everyone that the capital of this bank is very strong, and everyone wants to withdraw money, then you can withdraw money as you like, back and forth, and no one will believe that the bank will fail."
"But if we limit the amount and frequency of cash withdrawals for everyone, then the bad news will get worse, and eventually the falsehood will become true, and the bank will really go bankrupt."
"The crux of the matter is, do banks have that much money?"
Li Songci looked at Li Jin with burning eyes and said with a half-smile.
Li Jin took a breath and said with a smile: "What a coincidence, this bank has a lot of money."
"Then don't worry. A tug-of-war is a tug-of-war. Originally, this kind of transaction where you buy and I sell depends on the background of both parties. One fights for the grain stock and the other fights for the thickness of the funds. Whoever empties his pocket first loses.
"
Li Jin thought about it briefly and finally decided that he should not interfere too much in the grain trade war.
How to do it specifically depends on the rules above.
He already has enough things to deal with. If he talks more and does more, he may get burned.
Now that the financial war has reached this stage, Li Jin has to start thinking about the situation of himself and Jin Qing after the financial war.
What the superiors need is a positive benchmark for society. This is their own opportunity, but there are risks behind the opportunities, that is, the superiors are absolutely unwilling to see a political businessman who dictates official behavior.
"Mr. Li, the press conference has begun."
Wei Yan's reminder made Li Jin shift his attention to another screen.
At this time, the news picture showed the scene of a press conference held by the chairman of the China Securities Regulatory Commission and several leading state-owned enterprises.
As soon as eight o'clock arrived, the entire official press conference was quiet and solemn, and the news of the centralized listing of state-owned enterprises was immediately announced to the whole society.
This news caught everyone off guard.
Even foreigners know that under China's special social system, state-owned enterprises are real behemoths.
Especially after undergoing the reform of state-owned enterprises and stripping away most of the rotten assets, the remaining state-owned enterprises are super giants with monopoly positions in special industries and no competitors at all.
The influence it brings is definitely beyond ordinary people's imagination.
What determines the share price of a listed company?
Maybe capital can decide, but that is just for the sake of speculation. Capital as a driving force to suppress or push up a company's stock price is always temporary and cannot last forever.
What really determines its price is the company's own profitability and business capabilities.
If the company's prospects are good enough and its profitability is strong enough, it will naturally be welcomed by the market, and the stock value will be in line with its true market value.
As for state-owned enterprises, their state-owned nature determines that they cannot go bankrupt, and their monopoly position in the market determines that their profitability absolutely exceeds that of private enterprises, so there is no need to worry about not making money.
For example, two barrels of oil, plus a less famous offshore oil company, these three companies are the monopolies of the domestic oil industry.
Even the private gas stations that ordinary people see on the roadside purchase their oil from Two Barrel Oil. Except for three companies, Two Barrel Oil and Offshore Oil, no company is allowed to get involved in the private oil industry in the country.
This is especially true in the communications industry.
It was against this background that when the press conference was released, the news immediately exploded around the world.
Soros, who got the news immediately, was furious.
"Here it comes, China's countermeasures are finally here!"
"Promote the listing of state-owned enterprises and drive market funds into the stock market to maintain the stability of the market. This is definitely your method, Li Jin!"