Since then, the secondary market has not recovered for a full decade.
But now, Lei Man has Li Bancheng and his son delivering bullets from thousands of miles away, saving him with courtesy and friendship, so he will definitely be able to survive for a while.
But Li Jin believes that day will not come too late.
Because he knew very well that the big hole dug by the American officials for Li Bancheng and his son was just to kill them.
This mine is bound to explode, sooner or later.
Therefore, Li Jin rejected the conditions proposed by Li Kai without even thinking about it.
Li Jin is not stupid.
At present, Li Bancheng and his son can be said to have betrayed the entire China.
Their industries in mainland China have no possibility of returning to continue to develop.
As long as Li Bancheng and his son are dragged into the quagmire by Lei Man, and the disease comes like a mountain, the father and son's properties in the mainland will inevitably be sold off at a low price.
That's the best time to pick peaches.
Therefore, after rejecting Li Kai, Li Jin not only did not agree to release Lei Man's position, but instead increased his short selling efforts.
The direct impact of this is that the secondary market in the United States is like a landslide, with big waves rolling and the market value falling again and again.
As for this, American investors are almost numb.
Until...a shocking piece of news came out.
"Mr. Li, Leiman Investment Bank has just filed for bankruptcy protection."
The news brought by Jack Chen made Li Jin suddenly get up.
"Bankrupt!? Lei Man!?"
Li Jin immediately looked at the transactions in the secondary market, and sure enough... the sky collapsed.
Leiman Investment Bank is one of the four major investment banks in the world. Although it is always at the bottom of the list, it is also one of the four major investment banks in the world.
Its existence itself is of great significance.
The most important thing is that in the secondary market, Leiman Investment Bank, as the largest bull, independently supports the vast majority of the trading volume in the secondary market.
Therefore, even though Leiman was sold to Li Bancheng and his son some time ago, although the Americans were a little dissatisfied, they did not react excessively.
The success of this merger and acquisition even brought about a small wave of good news in the financial market.
But now, less than half a month after the merger was completed, the Chinese father and son filed for Leiman bankruptcy.
what does that mean?
If the United States can be compared to a wealthy family, then Lei Man is its fourth daughter with a well-known reputation, but this daughter was ruined by a rough guy like Li Jin.
So, a wealthy family in the United States hired Li Bancheng and his son to take over the business. It was a good thing, but Li Bancheng and his son happily took over the business, divorced his wife less than half a month later, and even took the body away.
He was sent back to his parents' home.
It would be strange if the United States does not fry the pot.
The secondary market is even more explosive.
Li Jin did not expect that the inertia of history still existed and was so powerful.
Just now he was thinking about when Lei Man would go bankrupt this time, but Li Bancheng and his son made such a decisive decision.
"When a strong man cuts off his wrist, there is something."
Li Jin murmured.
"Mr. Li, what should we do now?"
"If we don't do anything, the building will collapse, the guests will disperse, and the tea will get cold, we will just watch him collapse."
What does a financial market crash look like?
This famous scene, which ordinary people have never had the opportunity to witness, happened nakedly in front of all financial practitioners around the world today.
The real sky is falling and the earth is falling.
The fall of Lei Man took away the last bit of dignity and room for struggle in the American secondary market. There was no need for Li Jin to continue short selling, and all the funds were fleeing crazily.
In the past, there were still funds that imagined that the U.S. government would continue to rescue the market, and some even imagined that Wall Street capital such as Lei Man would resist Li Jin's Jinqingtian Investment, and then counterattack by buying the bottom, allowing the funds they had been holding on to get rich overnight.
However, the core of Leiman has now declared bankruptcy, which means that the secondary market has been effectively abandoned by US officials.