Volume 3 The Storms of the East China Sea Chapter 82 The Battle of Financial Defense
…… After the opening of the Tokyo Stock Exchange, the Nikkei 225 number went all the way up, broke through the 13,500 mark, fell rapidly, and by the time it closed at noon, it had fallen below 13,000 points in the afternoon After the reopening in the afternoon, the Nikkei continued to fall, and did not rise again until 1 hour before closing, and finally closed at 1247 points, and the Nikkei Stock Average fell 34% throughout the day, and the trading volume was 17 times larger than the previous trading day, reaching 6.75 trillion yen
The yen weakened throughout the day, falling from 127 to 134 against the dollar
According to data released by Japan's financial regulator, the outflow of funds out of Japan reached $3,750 that day
The Shanghai and Shenzhen stock markets opened an hour later ushered in the craziest day, the two cities 1800 stocks all rose, 300 stocks rose in the morning and afternoon, the two cities were closed for 15 minutes in the morning and afternoon, in response to the impact of the surge to the close, the Shanghai Composite Index rose 187%, the Shenzhen Component Index rose 192%, and the full-day turnover of the two cities was enlarged by 3:|c0 yuan compared with the previous trading day
The Republic of China foreign exchange market also ushered in the craziest day, hitting a new high in 6 years
According to data released by the financial regulator, international capital flows into the republic amounted to $440 billion on that day
China's financial crisis has officially erupted
What many people can't believe is that the fuse that triggered "Crazy 26" turned out to be an unclear gossip
On the night of the 25th, major web portals, financial websites and news websites first published the news revealed by a person familiar with the State Council of the Republic that the Republic will introduce a series of policy measures to stimulate the economy after resolving the dispute between China and Japan over the Diaoyu Islands and the exclusive economic zone in the East China Sea to deal with the possible global financial crisis
In just a few hours, major TV stations around the world have reported this news of unknown origin
It's like throwing a lit match into a sealed container filled with hydrogen
If there is no oxygen entering the container, the hydrogen in the interior will not explode and the match will be extinguished immediately
Just when international financial speculators believed that this was "false news" deliberately revealed by the Chinese government, the US President's International Affairs Adviser released a message at 7:30 a.m. Honolulu time on the 25th, providing the last necessary condition for detonating the container of mainland hydrogen
Before the start of the negotiations in the preparatory stage of the talks, the international affairs adviser announced that substantial progress had been made in the armistice talks between China and Japan
Is the war really over?
Subsequently, Huang Guowei and the Japanese Foreign Minister jointly announced the end of the preparatory stage of consultations, and held formal negotiations at a later date
The war is really over, and China and Japan will settle the dispute through negotiations
Although neither side nor Japan has announced important information such as the specific content of the talks, the time of the talks, the place of the talks, and the level of the talks, everyone believes that through the difficult and tortuous preparatory stage of consultations, China and Japan have reached an agreement on the main issues, and the formal talks will mainly resolve the details, and the two sides will announce a formal ceasefire as soon as possible to create a good atmosphere for the formal talks, and some people have even begun to speculate whether formal talks will be held in Washington or Camp David to demonstrate the tremendous role played by the United States in mediating the Sino-Japanese conflict
At this moment, the international financial speculators who have long been ready to move cannot sit still
China has long been prepared to settle disputes through negotiations, and realized that after the end of the war, international hot money will leave Japan, which has been squeezed out of the last drop of oil, and pour into China's financial market For this reason, China behaved very tough in the early stage of negotiations, so that international financial speculators thought that the war would not end, and did not dare to rashly invest funds in China's financial market, so that the government had won time to formulate rescue policies, strengthen financial supervision, and rectify the financial market. It shows that the Chinese government wants to restore the confidence of domestic investors, enter the market ahead of schedule, and strengthen its strength, so that it will be difficult for international hot money to destroy China's financial market in one fell swoop As formal negotiations begin, the Chinese government will quickly play a set of combination punches to pull up the stock market at the fastest speed, so that domestic investors who enter the market in advance will take the lead, keep international hot money out of the country, and force international hot money to flow into the financial markets of other countries
This move is really ruthless enough
If the international hot money enters the Chinese stock market at a high point, the loss is still a small matter, and the small players who follow the trend will definitely be trapped, so that a large amount of money will stay in China with the main force cutting the meat and leaving the market, and the international hot money that needs to recover the loss will inevitably attack the financial markets of other countries, leading to a global financial crisis
If the international hot money does not enter China, turn to the financial markets of other countries, no one can prevent the outbreak of the global financial crisis, when the time comes, countries close their doors, hold high the banner of trade protectionism, the world economic crisis is just around the corner to come to this point, China has consolidated the domestic financial market, with the high growth brought about by the adjustment of the industrial structure, other countries do not have the technological advantages, become the preferred destination for international investors
In any case, as long as a world economic crisis breaks out, China will not only be the least affected country, but also the first country to come out of the cold winter and become the dominant force in the new world!
The doubts and worries of international financial speculators have vanished
Whether it is for practical interests or to gain a place in the country that "dominates the future", it is necessary to invest funds in China's financial market as quickly as possible
The profit-hungry international financial "predators" have overlooked a key issue
If China intends to clean up the "troublemakers", will the leaders of the Republic headed by the hard-line Ji Youguo let the international financial speculators plunder the hard-earned money of Chinese investors with peace of mind?
To defend the financial markets, China mobilized almost all forces
In addition to the hundreds of billions of private capital invested by Yanbo and others, Yanbo and others also smashed nearly 800 million yuan of funds obtained from mortgage loans and government-guaranteed loans of their companies into the Shanghai and Shenzhen stock markets, and acquired a large number of high-quality stocks at low prices in the name of the company, and the state-owned enterprises managed by the State-owned Assets Supervision and Administration Commission also invested 7 trillion yuan to buy high-quality stocks when the index was low, and private small and medium-sized investors invested about 1 trillion yuan, and the funds invested by private enterprises that followed the trend will not be less than 6 trillion yuan, and the total investment of several parties is more than 33 trillion yuan. It can be seen that the private assets invested by Yanbo and others are not even a fraction of them
On top of that, the relevant regulatory authorities have also joined the fight
From July 15 to 25, the China Securities Regulatory Commission suppressed the approval of nearly 140 billion unfrozen shares of 100 stocks, and completed the approval process of more than 70 stocks and 80 billion unfrozen shares ahead of schedule
The "commander-in-chief of the campaign" is Premier Pang Xinglong, and the "operational order" is the relevant policy
The main personnel who planned and participated in this financial defense war know that they are not only protecting China's financial market, not only China's economy, but also the foundation and future of the Chinese nation
In order to ensure the accuracy of the actions of all parties and to prevent people from using public affairs for personal gain, all the three major intelligence departments of the Republic were dispatched
Among other things, the MIA deployed thousands of technicians to closely monitor the country's communications network, and dispatched thousands of field agents to closely monitor all important players
Ji Youguo gave Pan Yunsheng and other intelligence department directors the maximum operational authority
The order is very simple: whoever violates and endangers the interests of the state and the nation at this time can be punished on the spot by the intelligence department responsible for supervising it as "treason."
With last year's "anti-insurgency operation", no one doubted Ji Youguo's determination and courage to deal with traitors
Equally short-sighted are the Japanese foundations
Of the international hot money that poured into China on the 26th, $3,000 came from the Japanese consortium, accounting for 682% of the total
If international financial speculators still have some concerns, the Japanese consortium is unscrupulous, and with the opening of the door to China, the Japanese consortium is desperate to smash the "life-saving money" it has just received into China's financial market, in a vain attempt to shake the tree and achieve the impossible goal
On the 727th, the financial war entered **
On the same day, the Shanghai and Shenzhen stock markets still staged a "rocket market", soaring all the way to the close, the stock indexes of the two cities rose 143% and 13% respectively, and the total turnover was 47 times larger than the previous trading day, reaching an astonishing 11,424 billion
On the same day, China's foreign exchange market hit a new high
According to information released by the regulatory authorities, the inflow of international capital into the republic on that day amounted to $1,784 billion
In the afternoon, some of the international financial speculators who entered the market in advance withdrew one after another, so that the rise of the Shanghai and Shenzhen stock markets slowed down and failed to break the single-day rise record set on the 26th
It's just that neither international financial speculators nor Japanese conglomerates have withdrawn from China
On this day, the forces participating in the financial defense war sold nearly half of the stocks, and the investment institutions and small and medium-sized investors who followed the trend also sold a quarter of the stocks
No one can ignore an important factor: the 28th is Saturday, and the stock market is closed!
The turning point of the financial war also came on the afternoon of the 27th
At 16 o'clock Beijing time, the State Council announced the detailed measures of the first economic stimulus plan, and the results disappointed almost all investors
By 17:30, the State Council announced the detailed measures of the three stimulus plans in a series of shots
Without exception, each detailed measure has disappointed investors with high expectations
The China Securities Regulatory Commission (CSRC) also announced the release of 170 stocks as a major shareholder after the stock market was suspended, while the CBRC announced new implementation rules for foreign exchange settlement
There are not many people who suddenly come to their senses, but no one has the ability to turn things around
Perhaps, the only thing that did not panic was the Nippon Foundation
Unlike those international financial speculators who hold the idea of "fighting the autumn wind", the purpose of the Japanese consortium is not how much money to make, but to bring down China's finance and China's economy
For the warring sides on the financial battlefield, the real battle has just begun!
Damn it*
The financial war started first, defend the country, on the monthly pass! (To be continued)