The reason why Morgan, as the third largest investment bank, can sustain is because Morgan's investment style has always been stable. They manage trillions of dollars in property around the world, and they prefer to invest the money invested by their customers in investments that can generate long-term returns.
In terms of projects, this aspect is very similar to Buffett's style, so that year, Morgan Investment Bank used 15% of its shares to warmly invite Buffett to become a global joint partner, but Buffett simply refused.
This does not prevent Morgan from continuing its prudent investment style, and it is this investment style that made it the investment bank that suffered the least losses among the four major investment banks in the financial crisis caused by the explosion of the secondary market.
But even so, small losses do not mean no losses. The stock price of Morgan Investment Bank itself has still fallen from the highest point of US$34 to the current annual low of US$22.
Li Jin's attack on the stock price of Morgan Investment Bank this time was the most violent attack from the beginning, and he had no intention of playing tricks.
100 short orders with a unit price of over US$100 million hit the stock market of Morgan Investment Bank without warning, like a huge stone hitting the already turbulent lake, causing an uproar.
This scene stunned all investors.
Originally, everyone was planning to take advantage of the huge benefit of Morgan Investment Bank getting a 400 billion interest-free loan to invest in the stock market, and get on the bus with them and get some soup even if they can't eat meat. Fortunately, this was broken into by Jin Qingtian Investment.
Warm your body in the economic cold of winter.
I have seen people take revenge, but I have never seen people take revenge so quickly in this world.
As soon as the front leg raised the stock price, the back leg itself shocked people.
I don't know why, but when all the investors saw this scene, they felt like a scholar encountering a gangster, feeling helpless and helpless.
Looking at the stock price of Morgan Investment Bank, stimulated by the good news, the stock price, which was already rising rapidly, was smashed by the tens of billions of orders owned by Jin Qingtian Investment. It directly hit the lowest point in a single day and is still falling.
It's really like diving into the water. It's very difficult to come up again after this sudden plunge.
"It opened at $22 per share, rose to $25.8 after being stimulated by the positive news, and now fell to $21.1."
Li Jin sat in front of the screen, calculating carefully.
At this time, the market at Morgan Investment Bank was all filled with short orders placed by Jin Qingtian. As long as there were buy orders in the market, they would immediately be swallowed up without a trace by Jin Qingtian's short orders.
As of now, Morgan Investment Bank itself doesn't know whether it has not reacted or is organizing countermeasures. In short, its stock market is like a big woman with an open mind, allowing Jin Qingtian to do whatever he wants.
Even so, Li Jin was still not satisfied.
"Morgan's bottom support level should be at $20, and the space of $1.1 must be eaten up as soon as possible."
Li Jin told Jack Chen: "Now is the best time. While Morgan is still hesitant, hit the $20 support level in one go. Once it is passed, it will be smooth sailing."
Jack Chen did not hesitate at all and immediately increased his offensive intensity.
Although Morgan Investment Bank had a lot of money at this time, because it was nominally limited to bailout funds, from the perspective of the panel, Morgan Investment Bank could not use this fund to acquire its own company's stocks.
But Jin Qingtian Investment is different. All execution power exists to implement Li Jin's will. With Li Jin's order, all funds can be used like one arm.
This is Jin Qingtian Investment’s biggest advantage when facing international investment banks like Morgan Stanley.
This is also one of the reasons why Li Jin never assigns real core power to others. What Li Jin wants to do is to highly centralize power.
"Jack Chen, report on the use of funds."
Jack Chen immediately ran to Li Jin and reported: "The total capital pool we can use is 298 billion U.S. dollars. In the early stage, 50 billion U.S. dollars were occupied by suppressing the Nasdaq and Dow Jones Index. In the later stage, we will acquire the stocks of major companies to implement the acquisition plan.
We have used 40 billion U.S. dollars, and we have invested 18 billion U.S. dollars in Morgan Investment Bank, and now have 190 billion U.S. dollars of remaining available funds."