Reborn Rich To Rival Country
Chapter 1109 Sakura Coin War (1)
the other side.
on the Internet around the world.
Originally, it was calm before 10 o'clock today, but suddenly there was a storm!
The words of Hongmeng No. 1 and 90n chips suddenly spread all over the social networks of various countries. There was no warning at all. I felt that there was no news at the moment, and the next moment, countless people rushed to post frantically!
"Oh my God!!!"
"I was stunned, really stunned!!!"
"Have you all watched the seminar hosted by Chen Mo? It's a seminar that can promote the progress of human science and technology!!!"
"Look, I originally wanted to see his jokes, but I didn't expect..."
"I originally thought that our hegemony would break the chip monopoly of the Sakura Country and become a chip giant, but I didn't expect it to be preempted by Daxia!"
"Chen Mo is really brave! He actually dared to sanction the Chip Alliance, and he even robbed people on the spot!"
"I'm going crazy, our country has been robbed of many experts and elites!!"
"Could it be that in the future, the science and technology world will respect Daxia? I'm not reconciled!"
There was shock and uproar on the Internet!
The news of Hongmeng No. 1 and 90n chips can no longer be described as shocking!
It has to be described as a super earthquake! ! !
That is a super invention that is enough to change the pattern of the world! ! !
On Chen Mo's side, this month, he has been interviewed in high-profile by various countries during the day to promote the High-Tech Alliance and Hongmeng Lab.
In the evening, he continued to personally supervise Han Li's establishment of a short position for Sakura Coin.
"The economy of the cherry blossom country continues to be sluggish, and my Hongmeng No. 1 is the last straw that crushed the cherry blossoms."
"However, the royal family and Sakura officials don't take it seriously. They always feel that the six major consortiums are capable of turning the tide and leading the Sakura Country back to its peak."
Chen Mo smiled lightly, analyzing the current situation.
After speaking, Chen Mo asked, "Han Li, how is your situation on your side? Let me know."
"In this month, we spent a lot of money to borrow enough Sakura Coins, and also made a long-term Sakura Coin contract for hedging, to ensure that everything is safe!" Han Li said.
"Okay! Starting tomorrow, I'm going to short Sakura coins and give me a hard toss!!!"
Chen Mo said loudly.
"Yes, President Chen!"
The eyes of the traders of Moyuan Capital are shining brightly, and they are looking forward to tomorrow! ! !
This is a currency war! ! !
The most top financial feast that traders can access! ! !
If this battle can be won, these traders will be remembered in the history books! ! !
the next morning.
As soon as the bank opened, Chen Mo put down the order:
"Sell Sakura Coins!!!"
At this time, someone will ask, what is selling currency?
Take Sakura Coin as an example.
Selling Sakura Coins is to exchange Sakura Coins for the foreign exchange deposited in Sakura Country, and convert the money borrowed from Sakura Country Bank into Hegemony Coins, so that there is less foreign exchange in the country. Currency devaluation!
When a specific market, its demand and supply can be said to be relatively stable, if your supply suddenly increases, it will break this balance of supply and demand, when supply exceeds demand, prices will fall. Now that everyone is throwing their own currency, it will be greater than the actual amount needed, and the domestic currency will depreciate.
Of course, shorting a currency is extremely risky!
After all, this is fighting a country! If the Sakura Coins bought by Chen Mo can’t be used against Sakura Country’s foreign exchange, and the Sakura Coin does not depreciate, then Chen Mo will suffer heavy losses, but instead, Sakura Country will profit in vain!
Even if there is any major favorable policy in the Sakura State during this period, the Sakura Coin can be promoted, and Chen Mo will lose even more!
But Chen Mo is a rebirth. Knowing that in the past two years, the cherry blossom country has been declining from the stock market to the foreign exchange market. In addition, in this period, the cherry blossom country has almost no defense against financial control. Free policy, he will eat the cherry blossom country!
That morning, this short-selling drama that shocked the world began! ! !
A month ago, Chen Mo borrowed tens of billions and tens of billions of loans from various banks in the cherry blossom country through the 12 giants and other international hot money. Today, he began to quickly sell them to the market through various channels and exchange them for the hegemony currency.
"Report to the boss, the 100 billion Sakura coins in account No. 1 have been sold!"
"Report to the boss, the 200 billion Sakura Coins in Account No. 2 have all been converted into Hegemony Coins!"
"Report to the boss, the exchange rate of Sakura Coin has begun to decline, and short selling has achieved initial results!"
"..."
When Han Li and other traders reported today, they all used roars!
I have been in the business for so long, and I have never been able to trade like this today, so happy! ! !
Chen Mo said solemnly: "Don't relax, keep selling!! If I don't say stop, just throw it to my death!!!"
the other side.
Sakura Country.
When the major banks opened their doors for work, they were all frightened when they saw these orders! ! !
"what's going on?"
"How come there are so many Sakura coins tossing orders?"
"No, our bank's foreign exchange reserves have been redeemed!!!"
"Where did this short come from? Is it the Atomic Fund?"
"The momentum is too fierce, the exchange rate can't bear it anymore!!!"
"It fell too hard, we can't stop it, hurry up and notify the head office!!!"
Countless bank presidents were all stunned by Chen Mo's violent sell-off attack.
Under Chen Mo's aggressive sell-off of Sakura Coin, the exchange rate of Sakura Coin plummeted by 5%!
Some people may think that it is only 5%, and even a limit-down of A-shares is not enough.
However, know that this is currency! ! !
Even if the exchange rate fell by 1%, it would be very terrifying for the whole country!
Just imagine, all prices in a whole country have collectively increased by 1%. What is the concept?
Let alone 5%!
It didn't take long for the foreign exchange reserves of the major banks to flash a red light.
In desperation, the presidents of the major banks called Naoki Hansawa, the president of the National Bank of Sakura Country, to explain the situation.
After Hansawa Naoki heard the reports of these presidents, his heart jumped to the extreme! ! !
This is an international super short to short Sakura Coin! ! !
If it is successfully shorted, it will trigger an economic crisis in the cherry blossom country and cause immeasurable huge losses! ! !
Hansawa Naoki wiped the cold sweat from his forehead and immediately entered the palace to meet Sakurai Musashi.
"Lord Emperor, it's not good!!! There are international super shorts coming to Sakura Country!!!"
"At present, the foreign exchange reserves of major banks are in a hurry!!!"
“The exchange rate has fallen by 5%!!! and it is still falling!!!”
"We have a currency war!!!"
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