Chapter 978: I can't help it
Vienna's bonds and stock markets plummeted one after another, followed by a complete collapse of credit and the suspension of securities trading, panic quickly spread to various countries, and the stock markets of European financial centers such as Dunlun, Paris, Frankfurt, and Amsterdam fell sharply one after another, and a new round of financial crisis broke out in Europe.
The Qing Empire in the far east has also been affected, Guangzhou, Shanghai stock markets have also fallen sharply, the market panic, people panic, fortunately after a large number of Yuan Qi sold and suppressed, the stock market has experienced several repeated shocks, the stock index is not high, therefore, although the decline is not small, but compared with the stock markets of European countries is much better.
The stock market has plummeted, and seeing that this trend will continue to fall sharply, coupled with the worsening situation of the stock markets of Western countries, Huo Qizheng, as the big treasurer of the stock exchange, naturally can't sit still, and hurried to see Yi Zhizhi.
"Compared with Western countries, China's stock market has not fallen much, but if it is left unchecked, it is very likely to plummet." Huo Qizheng said carefully: "The situation in my country is different from that of the West, whether it is financial or economic, there are no problems, and my subordinates believe that we should not let the stock market continue to fall, and besides, we should also control a certain number of stock ........." ”
His meaning is clear, Toshi! Yuan Qi sold a large number of stocks before, and there was no shortage of funds, so he should take it back at this time, but he also knew that Yi Zhixiang's purpose of suppressing the stock market last year was to make it difficult to clearly say that he would support the market.
Yi Zhizu smiled and stretched out his hand to make tea, and took a few sips of tea slowly before he said: "Yuan Qi must control a certain number of stocks in his hands, otherwise he will not be able to make effective adjustments to the stock market, but it is not yet hot." ”
Hearing this, Huo Qizheng hesitated and said: "If there is a sharp fall, I am afraid it will have an impact on the economy." ”
"Now the stock index has only fallen to 20%." Yi Zhizu said slowly: "Thirty percent, once the stock index falls to thirty percent, the market will be supported." ”
Shanghai, the stock market trading floor, the stock market plummeted, the trading floor was also overcrowded, however, most people are anxious, watching the stock index fall, watching the stock at hand continue to depreciate, a group of shareholders will be anxious on their faces, three or five gathered to discuss the stock market.
South Africa's victory, the Qing Dynasty completely gained a foothold in South Africa, Yuanqi monopolized South Africa's gold mining rights, the stock market appeared a wave of considerable gains, the five-year plan was launched, and the stimulation of 400 million silver dollars pushed the stock market to a peak, followed by Yuanqi suppressed the stock price, and the stock index appeared to pull back and consolidate.
Western countries issued warnings of financial crises, and there were also reports in the securities newspapers, but not many people cared, Daqing is not Western, Yuanqi Bank is not Western, Yuanqi Bank is not those banks in the West, Yuanqi Bank was founded for more than 30 years, how many ups and downs have it experienced, which time is not safe and sound? Which time is not the more frustrated and stronger?
Moreover, it is not uncommon for financial crises and economic crises to occur in Western countries, and they will come once every ten or eight years. Which time is not the first to suppress and then to rise?
Besides, today's Qing Dynasty can be described as the icing on the cake, cooking oil with fire, even in the prosperous era of Kangqian can not be compared with the present, many shareholders believe that the stock market will rise again after consolidation.
No one expected that the scale of the financial crisis in Western countries would be so large, and it seemed that the entire Western Ocean was swept up in it, and many people began to panic, fearing the impact of the West, and sold their stocks one after another.
However, after the stock index fell by two percent, many people began to hesitate again, the reason is very simple, the Qing Dynasty is not Western, the stock market has plummeted, Yuanqi will be a pallet rescue, there is no financial crisis in the Qing Dynasty at present, Yuanqi is more in the middle of the day, once the Yuanqi pallet rescue, it will inevitably rebound quickly, this situation, shareholders have experienced many times.
"Has the decline stabilized?" Huo Zhengqi looked at the data presented with some surprise, the selling orders shrank significantly, and the selling prices basically stabilized and no longer fell, and there were actually a small number of buying orders.
"Falling at the current price, there has been a general reluctance to sell." Song Mingli, the fourth shopkeeper who pays attention to the trends of the trading hall at any time, explained with relief: "The most important thing is the expectation of the Yuanqi pallet bailout, after all, there is no financial crisis in China, and the gold mine in South Africa, which cost 400 million yuan in the first and fifth year plan, makes many people full of hope for the later trend." ”
With the release of the data in the stock report, the confidence of the stock market quickly recovered, and in the following days, the stock market not only stopped falling and stabilized, but also rebounded slightly.
It is obvious that the Qing Kingdom seems to have once again escaped the impact of a wave of financial crisis, and many people have begun to pay attention to the study of the stock market and economy of the Qing Kingdom, and the performance of the Qing Kingdom is really too eye-catching.
Compared with the Qing Dynasty, the stock markets of European countries are still gloomy and bleak, falling endlessly, and many people have a premonition that a new round of economic crises may come ahead of schedule, and almost all previous economic crises start with finance, stock market crashes, bank failures, and then enterprises go bankrupt, factories close down, and a large number of workers lose their jobs.
After the crisis of the Vienna Stock Exchange, the situation in the United States was even more serious than in Europe, and at the same time as cutting off the source of European funds, a large amount of European funds began to withdraw, and European investors who tried to share the fruits of the economic prosperity of the United States through bonds and stocks left the market one after another, and the stock market on Wall Street plummeted one after another, and the shares of many railway companies fell by more than 30% or 40%, and even the stock prices were cut in half.
Many small securities trading companies and banks collapsed one after another, and until September, one of the most solid banks in the United States, the Jay-Cook Financial Company, which owned a large number of shares in railroad companies, declared bankruptcy, followed by the National Trust Company, the United Trust Company, and several small banks declared bankruptcy and collapse.
Wall Street seemed to have ushered in a cold winter ahead of schedule, the New York Stock Exchange closed its doors for an unprecedented 10 days, the surviving banks raised the discount rate to 9%, the exchange of paper money for precious metal currency was temporarily suspended, and the panic quickly spread throughout the United States.
Shanghai, Zhennan Palace, the American Minister to China Wei Sanwei said helplessly: "This is the largest economic crisis experienced by the United States since the founding of the United States, and European countries are now unable to protect themselves, and we are eager to get the help of His Royal Highness........ ”
Handing over a cigarette, Yi Zhizhi said in a low voice: "If the judgment is right, this is the largest economic crisis in history, and it will sweep the world, and my country will inevitably be impacted, I am very sympathetic to your country's suffering, but I can't help, you know, my country's First Five-Year Plan still has a huge funding gap ........" ”