Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 312: Darkness Chencang

On the way back, Li Yunzhen has been arranging various tasks in the company to see if he can withstand the pressure on Monday.

Now Li Yunzhen is also arranging a retreat. The first is to repair the lithography machine!

Semiconductors are the main artery of Samsung Electronics, and nothing can happen to this.

The second is to arrange a meeting and postpone the delivery time...

Maybe there is no need to deliver the goods, because there are no advanced chips, and Apple does not need to go far and near to purchase its own chips.

After all, Samsung’s chips can’t even make it into the top three…

Everything seems ordinary, and only those in the circle know how unstable the current situation is.

When the market opened on Monday, local retail investors in Korea, who had been looking forward to it for a long time, were already looking forward to it.

On Samsung's side, hundreds of traders are ready, and Li Yunzhen is also personally supervising.

Everyone is nervously watching the stock market!

Although it is not a life and death battle, it is still a financial war!

When the market opened, those who paid attention to this matter had discovered that Samsung had completed the stock split and reopened!

After the market opened, several short selling orders that were still pending were immediately swallowed.

However, although the stock price has not plummeted, it is even rising slowly at a relatively low ratio.

However, in everyone's opinion, this is already good news. They all believe that this is the beginning of Samsung and local investors' efforts, and at least it can be stabilized now.

"Have you found out? Who did it?"

Seeing the short selling orders being quickly eaten away, Li Yunzhen, who had been paying attention, also spoke up.

"President, it's not clear yet. Except that the first order was made by our people, the others should have been made by private organizations that are optimistic about us."

The person in charge also quietly breathed a sigh of relief.

When playing stocks, hundreds of millions of funds are coming in and out every minute. If you are not careful, you will be trapped in a vicious cycle, and you must be in a state of high mental tension.

"Very good, continue to pay attention, you must be steady today!"

Li Yunzhen also felt a little relieved. Today is a critical day. If it remains the same as the previous two days, it will definitely cause a greater chain reaction. By then, the Avalanche version will really be uncontrollable.

In fact, this is just Chu Feng acting!

Going short and going long in the stock market is just a routine operation, just to make more profits.

Since Samsung is willing to split its shares, it shows that it has confidence in retail investors, and it can indeed increase the stock price in a short period of time and stabilize people's hearts.

However, there is a huge loophole, that is, retail investors are not so united!

Because we are retail investors, it is impossible for anyone to agree to allocate and buy at the right time!

Only at the beginning, people will rush in, creating an illusion of false improvement!

But this is a paper tiger and has no staying power. This is the biggest drawback!

Sure enough, the retail investors who jumped in all at once drove up the stock price.

Chu Feng, who was long, harvested another wave of leeks and had more "ammunition" in his hands.

Just when everyone was paying close attention to Samsung stock, an appalling thing happened!

On the Korean foreign exchange market, suddenly several large short selling orders came in!

In an instant, the foreign exchange market, which was still lazily watching the Samsung bull battle, became heated.

Countless phone calls began to be made. In the information age, it is impossible for everyone to keep an eye on the foreign exchange market.

There are dedicated people watching everything. If such a big thing happens, you must call your customers!

However, before everyone was informed, a large area of ​​terrifying large-scale short selling had torn all the long positions into pieces!

And because all the long positions were liquidated, the exchange rate was plummeting at a terrifying speed!

Short selling in the exchange rate is different from short selling in the stock market. Short selling in the stock market is buying and selling stocks, while short selling in the foreign exchange market is buying and selling currencies!

The entire layout some time ago, coupled with the recent operations, Chu Feng has accumulated a huge amount of Gao Liyuan!

You know, you must use Korean dollars to trade in the Korean stock market!

Therefore, when Chu Feng had a large number of Koryo coins, and there was no long sell order for large amounts, and no one bought or added orders, Koryo's exchange rate would drop rapidly!

This means that the Korean currency is depreciating at a terrifying speed!

A small amount of currency depreciation is not necessarily a bad thing. The currencies of many countries are now slowly depreciating, which can not only reduce debt but also stimulate exports.

But when this depreciation rate is too fast, it will be a disaster!

This means money is not as valuable as it was before!

Even worse than waste paper!

This is not shocking. Just look at Zimbabwe. This country’s 40 trillion can be exchanged for one yuan of Chinese currency! And the largest denomination in Zimbabwe is 100 trillion!

Only 100 billion Zimbabweans can buy three eggs, and they are even cheaper than the market!

This can completely compete with Huaxia Tiandi Bank!

You can imagine how valuable Zimbabwe is.

And now Goryeo is facing this problem. Once the exchange rate falls, massive inflation will occur in the country. In the future, one million may only be able to buy one kimchi...

Of course, it is impossible for any country to watch this happen. If a chain reaction is formed and a devaluation trend occurs, a large wave of wealth will be swept away!

The most direct way is to use foreign exchange to stabilize the exchange rate!

However, when using foreign exchange to increase long orders and compete with short sellers, if an accident occurs, the short sellers will not be able to compete...

That means that a country’s foreign exchange will be wiped out!

No one thought that someone would be so bold as to attack a country’s foreign exchange market!

It is even recognized as a developed country.

Although Goryeo only has about 400 billion in foreign exchange, Goryeo is not the Southeast Asia it used to be.

Now that all countries are in a period of economic growth, this can cover up many problems. In this way, either they are actually strong, or they are stupid!

But this is something Chu Feng has thought carefully about, just because the Korean economy and Samsung are too tightly tied!

Because the Samsung Group was developed through the efforts of Korea, the market value of one Samsung company alone accounts for 21% of the overall market value of the Korean stock market!

All the companies ranked second to ninth in Korea in terms of market capitalization do not add up to more than one three-star company!

The richest man in Korea, Lee Kun-hee, the former chairman of Samsung, has a fortune of 13 trillion, which is equivalent to buying 30,000 Ferrari sports cars worth 450 million!

So, what kind of chain reaction will the plummeting share price of Samsung cause?

This catastrophic disaster suffered by Samsung also directly dragged down the entire Korean stock market. The Korean stock market performed sluggishly, with the index closing down 0.4%, and the exchange rate also fell 0.78% early today.

And as the large amount of short selling orders went down, it dropped by 4.2%!

This is already scary!

This has reached the red alert level!
Chapter completed!
Prev Index    Favorite Next