As for state-owned enterprises, their state-owned nature determines that they cannot go bankrupt, and their monopoly position in the market determines that their profitability is definitely higher than that of private enterprises, so there is no need to worry about not making money.
For example, two barrels of oil, plus a less famous offshore oil company, these three companies are the monopolies of the domestic oil industry.
Even the private gas stations that ordinary people see on the roadside purchase their oil from Two Barrel Oil. Except for three companies, Two Barrel Oil and Offshore Oil, no company is allowed to get involved in the private oil industry in the country.
This is especially true in the communications industry.
It was against this background that when the press conference was released, the news immediately exploded around the world.
Soros, who got the news immediately, was furious.
"Here it comes, China's countermeasures are finally here!"
"Promote the listing of state-owned enterprises and drive market funds into the stock market to maintain the stability of the market. This is definitely your method, Li Jin!"
In New York, USA, at the headquarters of the Quantum Fund, Soros frowned as he looked at the busy team.
The good mood before was gone. Even though he knew that the Chinese official's countermeasures would inevitably come, he did not expect that the Chinese official would stab him in the heart at this juncture and from such a strange angle.
"This move is indeed Li Jin's style. It is beautiful, light and hits the point directly."
Rogers' voice came from beside him, causing Soros to turn his head and said, "What do you think we should do now?"
"The attack on the factions of the Huizhou Chamber of Commerce cannot be stopped, and the intensity must be increased."
Rogers thought about it and said, "Actually, including you and Li Jin, you have all ignored a very important issue."
"Yes, the listing of these state-owned enterprises will drive a lot of private capital, and even foreign capital, to enter the China A-share market and buy the stocks of these state-owned enterprises, but this will exactly create a siphon effect."
"As the core of absorbing capital, these state-owned enterprises absorb not only external funds, but also funds from other companies' stocks in the A-share market. They are worried that they have no place to avoid risks, but when these state-owned enterprises come, they will inevitably
Selling the stocks in your hands and choosing to buy the stocks of state-owned enterprises is the nature of capital, and neither the Chinese official nor Li Jin can change it."
"Under such circumstances, the A-share market seems to be stable, but in fact most of the funds have been sucked away by state-owned enterprises, leaving the company's stocks, which is difficult."
"This is also our chance to completely defeat the Huizhou merchant faction."
Soros frowned and said: "But in this case, our funds for shorting the market index will be lost."
"It's inevitable."
Rogers patted Soros on the shoulder and said: "There are indeed winners in the capital market who take all, but there is no god who can always win money without losing money. You and I, and our investors,
Everyone will accept it.”
Soros nodded slowly and said, "Yes, you are right...Then we will increase our efforts to collapse Huizhou merchants."
At this moment, the press conference ended in a flash, and the collective bidding stage also officially came to an end.
In the futures market, the tug-of-war for grain continues, and while the two sides are still exchanging hands at 100 million per minute, the A-share market has already set off huge waves.
A large amount of money poured in from the outside, including domestic social funds and foreign hot money. These hot money poured into the A-share market like sharks smelling the smell of blood.
They have the same goal, which is this group of newly listed state-owned enterprises.
Led by Two Barrels of Oil and supplemented by the communications industry, the stock prices of these state-owned enterprises have soared wildly, taking the sectors and the market along with them.
"Ten minutes after the opening, A-shares opened at 2434 points, opening higher and moving higher. It is currently 2499 points, and is hitting the key point of 2500 points upwards. It should not be very difficult to break through this point. Among them, newly listed state-owned enterprises have all reached daily limit as soon as they opened.
, there is still a massive influx of funds, and while the daily limit is sealed, the quotations are still rising."