Leader Li also doesn’t understand that the top management has continued to introduce many policies to suppress the stock market in recent times. Could it be that the top management has anticipated that there will be financial turmoil in Asia?
Without a large amount of money invested in stocks and real estate, the collapse of the stock market and housing prices would not be painful, and Leader Li would not understand the profound meaning of Sun Jian's words.
Not only Sun Jian, the reborn man, knew that the Asian financial crisis was coming, but two veterans like Li Jiacheng and Li Zhaoji also had a premonition of the serious consequences of the Thai baht's collapse, but they did not expect that it would eventually turn into the Asian financial turmoil and the Asian financial crisis. , and also spread to the whole world.
In his previous life, Li Jiacheng faced the Asian financial crisis. When others abandoned him, he boldly purchased the plummeting real estate and land in Xiangjiang, and merged with real estate developers in Xiangjiang that were on the verge of bankruptcy. Li Zhaoji adopted the investment strategy of cutting prices to clear inventory and making cash king. After the financial crisis, he With the economic recovery in Hong Kong, housing prices rose in retaliation. The wealth of the former exceeded that of the latter. A new richest man in Asia was born, and the latter also lost the opportunity to catch up.
Without the Asian financial crisis, there would be no new richest Chinese man!
…
At 23:00, representatives of the Chinese and foreign ceremony groups entered the venue in order under the leadership of the greeter.
The Great Hall on the fifth floor of the New Wing was brightly lit and bustling with activity.
At 23:30, the Chinese and British delegations entered the venue.
At 23:42, the power handover ceremony officially began.
23:46, Chinese and British *** entered the venue.
23:49, Prince Charles speaks.
At 23:56, the flag bearers of China and the UK entered the scene, and the flag-lowering and flag-raising ceremony, symbolizing the handover of the Hong Kong regime between the two governments, began. All Chinese and foreign guests attending the ceremony stood up, and the audience focused their attention on the east and west sides of the rostrum in front of the main podium. on the flagpole.
At 23:59, the Union Jack flag was lowered slowly while the British national anthem was played.
At midnight on July 1, the five-star red flag and the regional flag of the Hong Kong Special Administrative Region were slowly raised amid the national anthem.
After nearly 153 years of British rule, Xiangjiang returned to the embrace of the motherland. The faces of every Chinese present under the leadership of Sun Jian and Li were filled with excited and proud smiles.
00:12, the Hong Kong regime handover ceremony ended, and representatives of the Chinese and foreign ceremony groups left.
The Chinese have become the masters of this land again!
Sun Jian followed the flow of people out of the Xiangjiang Convention and Exhibition Center and was deeply moved when he saw the armed police in green uniforms at the door.
------
On July 1, at 1:30, the establishment of the Hong Kong Special Administrative Region and the swearing-in ceremony of the SAR government were held grandly on the seventh floor of the New Wing of the Hong Kong Convention and Exhibition Center.
The whole country celebrates.
-----
On the great day when the Chinese people celebrated the return of Hong Kong, on July 2, the Thai government, which could not withstand the pressure of depreciation of the Thai baht, suddenly announced that it would abandon the fixed exchange rate system and implement a floating exchange rate system from that day forward. When the news came out, the Thai baht on the Bangkok foreign exchange market The exchange rate of the US dollar against the Thai baht plummeted all the way, from 1:28 to 1:31, falling below 29 and 30, a drop of 10.7%.
------
At 9:30, the Bangkok SET index opened at 565.47 points, down 82.15 points, a plunge of 12.68%!
-----
Singapore.
"Continue to throw out 50 billion baht!"
Standing in front of the floor-to-ceiling windows in the presidential suite of the Shangri-La Hotel, looking at the blue sky and sparkling seascape, Soros suppressed his inner excitement. His opponent finally surrendered and beat the drowned dog hard!
With one order, 50 billion baht was thrown into the foreign exchange market.
At 10:30, the price of the Thai baht on the Bangkok foreign exchange market fell from 1:31 to 1:32 and 1:33!
------
"Dongdong, are you staying here with your mother? Or are you going back to Jiangcheng with your father and grandparents?"
Sun Jian, who received the news on the phone, breathed a sigh of relief and was in a good mood. The Thai government abandoned the fixed exchange rate, the Thai baht and the SET index plummeted, and the butterfly effect did not occur.
"Go back to Jiangcheng with dad and grandparents!"
Ha ha……
In the past four days, Sun Dong followed his mother and grandparents to visit the scenic spots in Xiangjiang. In the afternoon, he came back to swim in the indoor swimming pool. In the evening, he ran on the beach with his father, chasing seagulls. There were lobsters, watermelons and ice cream on the table, and he was happy to be there.
"When your three aunts graduate from MBA at the end of the month, your parents will take you to Disneyland in the United States."
Sun Jian had originally promised Sun Yuan and Sun Yuan to take their parents to attend the graduation ceremony when they graduated from the MBA. In order to graduate from the MBA as soon as possible and enter DMA, the three of them did not only study but exercise at Stanford. They had no other distractions. They had already passed the MBA thesis. Defend, attend the graduation ceremony on July 24, then return to China for vacation, and start studying DMA on September 1.
"Thank you dad!"
There is currently no construction plan for Xiangjiang Disneyland, and Sun Jian doesn’t know when construction started in his previous life?
Reading thousands of books is not as good as traveling thousands of miles. When Sun Jian had time, he took his son around to see more of the world and inspect work casually.
------
"Deputy leader, the Shanghai stock market fell to a low of 1147 points today and closed at 1199 points, a decrease of 4.1%; the Peng city fell to a low of 4654 points and closed at 4875 points, a decrease of 4.06%. The two cities have shrunk and the market will continue to bear the burden tomorrow. Press!"
After the market closed, Leader Zhou of the Securities Commission reported to Deputy Leader Zhu’s office. Deputy Leader Zhu was in charge of financial work. Everyone also expected that the Thai baht would continue to depreciate due to the continuous increase in interest rates in the United States, but they did not expect that the Thai government would suddenly abandon the fixed exchange rate. system, causing the foreign exchange market to plummet 17% and the stock market to plummet 13% in one day.
The stock markets of Singapore, the Philippines, South Korea and Malaysia also plummeted by more than 5%, and the foreign exchange markets also plummeted by more than 3%!
The major financial markets in Asia are under heavy clouds.
The Hong Kong stock market and futures market will continue to be closed today and will open tomorrow. Before the return, the management will pay attention to its market fluctuations. The sudden rise and fall are other people's family affairs and they have no authority to control them. Now that their children who have been missing for many years are back, how can parents not care?
"Lao Zhou, what good measures should we take? It can prevent the Penghu stock market from continuing to fall!"
"Deputy leader, can we reduce next year's new share issuance quota to 20 billion yuan to release forward benefits?"
This year, in order to reduce the market risks caused by the surge in the Penghu stock market, the issuance quota of 30 billion yuan has been announced to the public and allocated to various provincial and municipal securities regulatory offices, and it is impossible to withdraw it.
Some time ago, the management was still worried about the market risks that may be brought about by the continuous surge in the Penghu stock market, and has introduced more than ten policies to mitigate market risks. Today, due to the sudden sharp depreciation of the Thai baht, major Asian stock indexes plummeted, and they began to worry about the impact of the Penghu stock market crash on Hang Seng. Index impact?
With the smooth handover of power in Xiangjiang, half of the two most important events of the year have been completed, and everyone breathed a sigh of relief.
"Lao Zhou, let's wait until tomorrow when the Shanghai and Hong Kong stock markets close before making a decision."
Deputy leader Zhu was also in a dilemma.
Although the economy achieved a soft landing last year, due to U.S. inflation, continued interest rate hikes, and the return of the U.S. dollar, exports for the year only grew by 1.5%, the worst record since the reform and opening up. Since the beginning of this year, the market has shrunk and purchasing power has declined. Ex-factory prices of industrial products continue to fall, and many state-owned enterprises are not performing well. Bank loans will increase the operating costs of enterprises, so direct financing through the stock market is the best way.
Enhancing the vitality of large and medium-sized enterprises is the top priority of state-owned enterprise reform.
