These two industries, which are closely related and interdependent, have finally realized what it means to be in a state of despair.
The large-scale shrinkage of real estate, coupled with the overall overdue personal credit, has ushered in a cold winter for the U.S. banking industry.
And the initiator of all this is currently standing in the command center of Qianhai, having already begun the next step of planning.
“Secretly opening positions to close stocks of American high-tech companies such as Microsoft, Qualcomm, General Motors, Amazon, and Oracle.”
Li Jin issued orders to Jack Chen and the team.
After going through such a long financial war, the process is difficult to describe, but now, Li Jin has finally waited for the harvest time that he thinks is appropriate.
"Affected by the subprime mortgage crisis, the entire U.S. stock market has fallen into a downturn and has fallen for 20 consecutive trading days. Most of the stocks of these companies are now at historically low values. This is the best time for us to enter the market."
Li Jin took a breath and said with a serious expression: "In the past few decades and nearly a hundred years, Americans have been ahead of us, and during this period, we finally have an opportunity, that is, to swallow up the future of the United States.
With 20 years of technological accumulation, these companies are the real future."
Jack Chen's expression was excited. Just as he was about to speak, the team's intelligence collector reported the latest situation.
"The U.S. Securities Regulatory Commission announced the extension of a futures settlement cycle, and the futures settlement originally scheduled for tomorrow has been postponed to the end of this month."
Jack Chen was stunned for a moment when he heard this, and then he cursed loudly.
"These Americans are really giving up their last bit of shame. Are they shameless?"
"When Soros gathered Hong Kong stocks and it was so difficult, the Hong Kong government didn't even think about adjusting the stock index settlement cycle. As long as they have the ability to win, they will take it away. Now this group of Americans is playing this game?"
The so-called stock index settlement cycle is actually the same concept as futures.
Futures trading is cyclical, generally based on month. For example, a delivery order in July is usually redeemed in September.
Either take the money and leave, or pick up the goods and leave.
Jin Qingtian invested in short-selling transactions in the secondary market of the United States. What he was doing was actually shorting the index of the secondary market when it fell.
Now that the secondary market has plummeted, Li Jin has won.
Logically speaking, during this settlement cycle, he can withdraw cash from the secondary market and take away the profits based on the amount and quantity of his short position.
This is a profit of hundreds of billions of dollars.
It is also the profit that the entire Huaxia Capital is eagerly waiting for.
Everyone has put in so much hard work and taken such big risks. What is it for?
Isn't it still a benefit?
But on the final settlement day, U.S. officials actually started to act rogue.
No more settlement!
"What's the rush?"
Li Jin frowned and said to Jack Chen: "It's just an extension. It's impossible for him not to settle, unless he wants his entire financial system to collapse."
Once the United States really breaks out and makes it clear that it will not settle, it will mean that the national financial credit of the United States will go bankrupt globally.
When someone comes to your gambling table to play, if they lose, you take away the money with profit, and if they win, you flip the table and refuse to admit their losses. No matter how stupid a gambler is, they will not play with such a country.
And once it is isolated by the global financial community, it will be self-destruction.
So the United States would not do this, nor would any other country.
Therefore, in Li Jin's opinion, the delay by the United States is just a disgusting move.
"If it's postponed, it's postponed. They can postpone it once, but they can't postpone it a second time. Let's move forward according to our original plan."
While Li Jin was talking, his cell phone rang. He glanced down and then walked to his office.
"It's me, Li Jin."
After answering the phone, Li Jin said directly.
"Lei Man is bankrupt, can we come back?"
On the phone was Huo Huanyu's relaxed voice.
"Okay, come back. The mission was completed well this time." Li Jin said with a smile.
Huo Huanyu chuckled and said, "I'm doing well, mainly because Xiaohe did well."