Chapter 419: China Central System

Style: Science Author: September SauceWords: 4338Update Time: 24/01/12 10:39:10
"So your 'idea' is to have the institute release false news about the LITV engine in advance?"

In the office of the State-owned Assets Supervision and Administration Commission, a man named Zhang Yi wearing glasses said helplessly.

"Did you know that such trading techniques will almost certainly be counterattacked by the market? After all, this is the financial market. It is difficult to confirm a piece of news, but it is easy to falsify it."

"Once the other party catches the loophole, our trust in the market will inevitably drop sharply. Even if it is done by then, the market will already be rotten."

"The accumulated negative impact is likely to make many retail investors bankrupt - then what we face will not be a financial problem, but a stability maintenance problem."

Hearing this, a confident smile appeared on Chen Feiyun's face.

"I'm not trying to manipulate the market in this way - in fact, we don't need to do that at all."

"The successful verification of the LITV engine is true."

"??Really? What do you mean?"

Zhang Yi asked inexplicably.

He was a little confused about Chen Feiyun's logic. After all, just a few days ago, they, a group of technical laymen, were still arguing about the availability of LITV engines. The research institute did not give a clear answer about this technology. As for the final result, everyone also made a lot of extra preparations and plans, but in just a few days, the information completely changed?

No matter how fast the technical department progresses, it can't be this fast, right?

But soon, he suddenly reacted, and before Chen Feiyun could answer, he continued to ask:

"You mean, we already have the LITV engine technology, but it was deliberately hidden?"

"If that's the case, wouldn't the whole SpaceX deal be a front? Just to get rid of Blackstone Capital?"

"That's not right. If that's the case, it would be too early for us to take action. They may be injured, but they will definitely not die."

Looking at Zhang Yi's expression, Chen Feiyun gave him a thumbs up approvingly and then said:

"As expected of my junior brother, his analysis is very accurate."

"The situation is similar to what you thought. We have indeed obtained the technology related to LITV engines a long time ago. Of course, it is incomplete technology."

"The SpaceX deal is real because we need to make up for some of the technical deficiencies, or you can think of it as some kind of data verification, that's how I understand it."

"As for Blackstone Capital, we actually didn't regard them as opponents from the beginning. They just happened to bump into us and gave us the opportunity to deal with them."

"Just in time, we can take this opportunity to remove all the nails they have nailed to the market at once."

Hearing this, Zhang Yi shook his head in confusion.

"Why don't you say you are a senior brother? Are you so ruthless? Are you lying to your own people?"

"What if there's an inside job? If there's a traitor, wouldn't it be all in vain? To put it bluntly, our internal affairs are not as clean as you think."

Zhang Yi agreed with his face, but Chen Feiyun secretly said he was lucky.

In fact, he is really not the person who "knows everything from the very beginning". If the other party did not give him a positive answer to the phone call to Chen Nian, then he is likely to do what his junior brother thought. , taking the risk to release a "fake news".

After all, peripheral industries and non-core private enterprises must be protected. This is not only an economic issue, but also a strategic issue.

It is related to whether a group of white-glove investments represented by the Guinea Common Development Fund overseas are "conquering cities and territories" or "mutual exchanges." If they cannot keep the fundamentals of the internal economy from collapsing, they will go to another continent to fight for control. Right, in fact, it is not cost-effective.

"Now that the financial market is basically stable, what's the next step? How to solve the problem of Honglin Capital?"

"You said you need to pull out the nails, but if the black stone doesn't fall, the red forest won't fall - I still say the same thing, this time we moved too early."

Hearing this, Chen Feiyun shook his head.

"There is no such thing as early or late - if you want to rely on market means to drive them bankrupt, think about it for yourself. Is this realistic? We have funds behind us, but they don't?"

"The Yankees are poor, but not so poor that they would bankrupt a capital force that has great influence on Wall Street - especially at this juncture."

"So, all we can rely on is administrative means. We can only find ways to expel Honglin Capital and grant them access permission."

"And this is an important step in our future financial strategy."

"Investment restrictions?"

Zhang Yi asked keenly.

"That's right."

His eyes were a little worried, because in his opinion, this strategic idea was a bit too radical.

The so-called investment restrictions are actually not uncommon in form. When foreign capital invests in certain specific fields, most countries will require state-owned enterprises or domestic enterprises to hold more than a certain proportion of shares. In essence, such a policy is In order to ensure the healthy development of domestic enterprises, it will basically not be discussed as a "trade barrier" or "closedism" feature.

But the problem is that what Chen Feiyun is talking about now is not simply for a certain industry.

In the plan he and the upper-level decision-makers planned, what they were going to erect were real barriers.

To put it simply, it will be a major update to the QFII and RQFII mechanisms. If foreign capital wants to invest directly in the Chinese market, it must go through more stringent review, and even the government will have a veto power on the flow of funds.

If you want to circumvent this updated mechanism, or in other words, if you want to make money more efficiently in China, a market with obvious unlimited potential, the only solution is actually only one:

That is, in accordance with the special management measures for foreign investment access, the institution should be established in China and accept capital shareholding from China.

This is a ruthless move to pull the plug. At that time, the United States forcibly established the dominance of the US dollar through the Bretton Woods system. Now, Chen Feiyun and his group want to use the Chinese market as a "gold reserve" to establish the status of China's currency.

If it can really be done, what do you care about SWIFT?

Once quantum computing comes out, RSA decoding becomes more popular, and SWIFT's trust drops to a threshold, the world's financial landscape will really change.

The Bretton Woods system will be changed into the China Central System.

Yes, Chen Feiyun gave it this name so straightforwardly.

Is this a good thing?

For China, of course it is.

But that’s not necessarily the case for other countries, even for countries other than the United States.

Therefore, resistance and resistance will definitely exist, and what he is worried about is the uncontrollable backlash that this resistance may bring.

After all, it is really impossible for human beings to remain rational all the time, and seemingly reasonable national decisions cannot remain completely "correct" in many cases.

Thinking of this, he continued to confirm:

"Is it about to start already? Start now? Wait until the situation in Europe is settled?"

Chen Feiyun shook his head and replied:

"We can't wait. We have done deductions and found that if the financial system does not keep up, the economic system cannot maintain long-term stability, and its systemic collapse will not take more than 30 years."

"Obviously, this is not enough time for us."

"Understood."

Zhang Yi sighed.

"Then let's take action - plan to arrest Ji Cheng from Honglin Capital first? For what reason? Insider trading?"

"No, it's too ineffective."

Chen Feiyun smiled strangely, and then replied:

"The Espionage Act."

Just a few minutes after the conversation between Chen Feiyun and Zhang Yi ended, in Shanghai, inside the Honglin Capital headquarters building.

Ji Cheng was hurriedly packing his belongings, and the real-time traffic map was constantly refreshing on the screen of his mobile phone beside him. He would take a look at it every few seconds to confirm that there were no mistakes in his pre-selected route.

He had to bring all the items he needed within 10 minutes, drive into the car he had prepared, arrive at the airport within 30 minutes, and then spend another hour going through security and customs before boarding a plane to Mauritius.

As for the reason?

Quite simply, he knew he was exposed.

This was obvious enough from the sudden disclosure of information by LITV, not to mention that just two hours ago, he suddenly received a notification that the risks of his trading account were frozen.

There is no doubt that the other party is going to attack Honglin Capital, or rather itself.

The moment he saw the result, Ji Cheng felt unbelievable.

The worst-case scenario he had for this operation was actually purely "economic" issues such as losing money, being suspected of insider trading, and being banned from the market.

And if it is just these problems, there will definitely be an "investigation" stage before a penalty result is made, and it is absolutely impossible to directly lock the account indiscriminately.

The only purpose of doing this is to close the net.

Therefore, he quickly realized that the problem must be more serious than what appeared now.

So he spent 20 minutes reviewing all the operations, and finally found the flaw that triggered all risks.

——

Without his consent, the team members released a piece of negative news that had been prepared long ago and was originally intended to respond to the LITV technology progress signal released by Chinese officials.

And that message contained some technical details he obtained from SpaceX through his connections.

It was this knife that killed me.

It should have been used in a better place, but because of Honglin Capital's aggressiveness and stupidity, it was handed into the hands of its opponents.

But now, it's too late to say anything.

All he can do is leave this place as quickly as possible. No matter where he goes, as long as he can take off as soon as possible and enter the country without a visa, that's fine.

He had cleared away the files on his desk, and most of the less sensitive things had been burned to ashes by the sharp chirping of the smoke alarm, while the rest he had to take away. A bargaining chip that could save his life at a critical moment.

After checking the list one last time, Ji Cheng let out a long sigh of relief.

There's still enough time, so there shouldn't be much of a problem.

Mauritius is not a bustling island.

But going there for a two-month vacation seems like a kind of break.

He smiled slightly at himself but with relief, then picked up his backpack, turned around and strode out the door.

——

But the moment he was about to step out of the door, several figures in uniforms were already standing in front of him.

The leader first walked around him and glanced into the office behind him, and then said:

"It burns pretty quickly."

"But it's okay, I just need to catch you."

"Ji Cheng, you are under arrest."

A few days later, SpaceX headquarters held a press conference on the Falcon 9 rocket launch mission.

Musk sat in the middle with a nonchalant expression, calmly answering reporters' tricky questions one after another.

"Mr. Musk, what do you think of the recent news about China's significant progress in LITV technology?"

Musk smiled slightly and replied:

"The LITV technology used by Huaxia is based on the technology that SpaceX has studied for many years. Of course we are happy for them to be successful, and at the same time, we are also proud of our own scientific research team."

"But unfortunately, according to the current cooperation agreement we have signed, new technological breakthroughs will not be shared with SpaceX in the short term, and we will not be able to reap the dividends brought by this technology."

"Of course, this will not have much impact on the future development of SpaceX. We have chosen the direction of rocket recovery and have also achieved good results."

"As we all know, this time the Falcon 9 rocket will conduct its first recovery test after launch, and we have 100% confidence in this recovery."

After hearing his answer, the reporters in the hall started typing on their keyboards to record this crucial sentence of "100% confidence".

But then, the reporter who asked the question asked a second question that he had prepared long ago.

"Mr. Musk, you know, that's not all we care about."

"It is reported that SpaceX and the Chinese team had major differences on the development prospects of LITV technology, and SpaceX's important partner - I am referring to Capital Group, once tried to take advantage of this difference to make profits, but ultimately failed. "

"Are you aware of this matter? Was this 'advantage transaction' carried out at your suggestion?"

Upon hearing this question, the originally noisy hall instantly became quiet.

Everyone is waiting for Musk's answer, and everyone knows that this answer will inevitably cause an uproar in public opinion.

But to their disappointment, Musk had no intention of answering.

He just shook his head calmly and said:

"I'm a technical guy and I don't know anything about the investment world."

"We did have differences on LITV technology, but they were just very ordinary 'academic differences' and had nothing to do with any capital market actions."

"And I would like to reiterate one point regarding the existence of the 'advantage transaction' that you are concerned about."

"That is, SpaceX does not need such an advantageous deal."

"We'll prove it, we'll go to the moon."

At this point, Musk paused for a moment and then continued:

"We will go to the moon again."

"Once again, we are at the forefront of China."

(End of chapter)