Black technology: starting from ten thousand times faster

Chapter 190 Sniping Sakura Coins

Day [-].

That was the first day when major financial groups stopped selling stocks one after another and the Sakura Country stock market began to fall.

Some people were surprised to find that there was a continuous large amount of cherry blossom coins sold in the international foreign exchange market.

The daily trading volume of Sakura coins is nearly trillion more than usual, which is equivalent to 500 billion dragon coins.

With the huge reserves of Sakura Coin in the international market, although the increase of one trillion is large, it will only cause a small exchange rate fluctuation at most, and will not cause a sharp drop in Sakura Coin.

The key is this trillion, every day.

After selling for three consecutive days, Sakura Coin finally began to depreciate significantly.

At this time, even the dullest person can see that someone is shorting Sakura Coin.

The key is that one trillion cherry blossom coins are generous every day, and who can get them out?Who would do such a thing?
Sakura Kingdom immediately thought of Su Xin.

Other major financial groups also feel the same way.

Therefore, after investigation by all parties, the man behind the sniping of Sakura coins was quickly found out.

Sure enough, it was Tianqi Group.

This made many consortiums gasp.

While Apocalypse Group fights against many international consortiums in the cherry blossom country stock market by itself, it still has the spare power to stir up such a big disturbance in the international foreign exchange market?
How terrifying is the financial power of Tianqi Group!
In the past few days, the assets sold off in the stock market alone are worth 800 billion yuan, and the foreign exchange market also releases 500 billion dragon coins every day. These two items add up to more than 2000 billion dragon coins.

The most important thing is that the two offensives of Tianqi Group are obviously not over yet.

Before, many people only knew that the revenue of Tianqi Group was quite high, and the profits were terribly high, but they never had a specific concept.

Because Apocalypse Group is wholly-owned by Su Xin, there is no need to disclose any operating data. Outsiders do not know how much money they make, let alone how much liquidity they have.

Now, the major capital consortiums and countries have finally seen the horror of the Apocalypse Group.

Or maybe this is just the tip of the iceberg.

At this time, even those jackal-like consortia no longer dared to intervene rashly in the financial war between Tianqi Group and Sakura Country.

On one side is a developed country whose GDP ranks third in the world, and on the other side is Tianqi Group, whose financial strength is unfathomable.

Before both sides show their strengths and weaknesses, anyone else who is involved in it is likely to die.

"So, let's wait and see first, and see if the Sakura Kingdom can withstand the attack of the Tianqi Group."

"When the time comes to see who has the upper hand, we will fight together to defeat each other and grab some meat from them."

The major financial groups made such a decision tacitly.

At this time, the Sakura Kingdom was directly stunned by a series of offensives by the Tianqi Group.

In the past few days, they have mobilized a large amount of funds to support the country's auto industry, and have spent a lot of money to stabilize the stock price of the auto industry. Coupled with various measures, they have barely regained the confidence of the Chinese people in local auto companies.

results.

I barely resisted the crisis of the automobile industry, but those international consortiums gave up their resistance directly, and even sold the assets of Cherry Blossom Country together with Tianqi Group, causing the stock market of Cherry Blossom Country to plummet again and again.

And, before they could react, the foreign exchange market suddenly came up with such a big killer move?
Faced with so many Sakura coins emerging in the market, Sakura Country has only two choices.

Only by taking over all the orders can the exchange rate of Sakura Coin be kept, and it can even make Tianqi Group fail to sell short and fall into huge losses.

Either give up resistance and let the exchange rate of Sakura coins plummet, coupled with the stock market plummet, Sakura country has fallen into an economic crisis.

The latter is of course impossible.

And the former.

Take all orders?Who the hell knows how many Sakura Coins Tianqi Group has on hand!
If it continues and finds that it is still unable to withstand the attack of the Apocalypse Group in the end, then the cherry blossom coins that are taken over will cause more serious losses to the country.

After all, once the order fails, the value of the Sakura Coin will definitely depreciate significantly, so the value of the Sakura Coin received during this period will naturally be greatly reduced, which is an additional loss for the Sakura Kingdom.

However, it won't work if you don't accept the order.

The Cherry Blossom Coin is the local currency of the Cherry Blossom Country. Once it depreciates sharply, it will lead to a series of evil consequences such as rising prices, inflation, capital outflows, financial turmoil, etc., and then trigger a nationwide economic crisis.

Currency exchange rates, to some extent, have a more profound impact on a country than the stock market.

It is closely related to the interests of the whole people.

"Save! The city must be saved!"

Someone from Sakura Country said so at the meeting.

"Take maintaining the exchange rate as the top priority. Even if you sell other assets, even if you give up saving the stock prices of auto companies, you must stabilize the exchange rate!"

"Mobilize all the funds possible. I don't believe that a mere Apocalypse Group can really compete with the entire power of our Sakura Country!"

A large number of Sakura coins are sold in the foreign exchange market, and the target currencies are mainly dragon coins and eagle dollars.

If the Cherry Blossom Country wants to take over these Cherry Blossom Coins, it has to take out the corresponding amount of Dragon Coins or Eagle Dollars to buy them according to the current exchange rate.

The total foreign exchange reserves of the Cherry Blossom Country are as high as 1.3 trillion Eagle Dollars, which translates to 10 trillion Dragon Coins and 200 trillion Cherry Blossom Coins, making it one of the largest foreign exchange reserves in the world.

However, this includes various currencies, gold, bonds and other financial assets.

In addition, a large part is reserved for international transaction payments.

Various other financial risks also have to be guarded against.

The funds they can mobilize to take orders in the foreign exchange market through various methods are only more than 1000 billion dragon coins at most.

As for the Apocalypse Group, it has already spent 500 billion yuan in these three days.

Moreover, if the Cherry Blossom Country really puts out so much foreign exchange reserves, it will lead to a significant reduction in the country's foreign exchange reserves, unhealthy asset allocation, and a series of serious consequences.

The financial butterfly effect is no joke.

In this extremely critical moment, Sakura Country has no choice but to turn to its good brother.

The Eagle Sauce Country at this time.

A group of people gathered together to discuss the little brother Yinghua Country's request for help.

"The Apocalypse Group is so rampant, trying to snipe a country's currency system with its own power, if he succeeds this time, he will not take any country seriously in the future."

"We must suppress him."

"It just so happens that we have been waiting for an opportunity to deal with Tianqi Group, and now he has come to our door by himself."

"The fact that he was able to use so much money to short Sakura Coin must have used very high leverage. Once the short selling fails, he may suffer serious losses and have no choice but to sell off the group's assets."

"Before, Tianqi Group was not listed on the market, and we had nothing to do with them. But now that they have taken the initiative to enter the financial market, I want to see what qualifications we have to be arrogant."

"Finance is our forte."

"At that time, we will defeat Apocalypse Group, borrow it, just buy several of his subsidiaries, and completely carve up Apocalypse Group."

(End of this chapter)