The Son of Finance of the Great Age - Chapter 1017

  Chapter 1017 Aftermath (3)

   “Just come back!”

  Downstairs of Huatou headquarters, a long line of people waited outside the door regardless of the scorching heat. So many people in suits and shirts were waiting outside the door, which became a big sight at the time, and made passers-by stop and watch.

When Zhong Shi stepped out of the car door, he couldn’t help being shocked when he saw this scene. Before he could express anything, Gao Dongfang strode forward and hugged him firmly, “Thank God , it can be regarded as looking forward to you back. Let me take a good look, have you suffered these days?”

   Without waiting for Zhong Shi to answer, he supported Zhong Shi’s shoulders, looked back and forth several times, and suddenly said with emotion: “You have suffered a lot in the past two days, but you have lost a lot of weight.”

  Although the highest level appreciates Zhong Shi, they are all leaders of the country and don’t have so much time to take care of Zhong Shi on weekdays. In this case, Gao Dongfang is often the one who is in the middle. It can even be said that Zhong Shi owes some of the credit to Gao Dongfang’s status. After being kidnapped for no reason, Gao Dongfang was the most anxious among the people present.

“real?”

Zhong Shi didn’t know whether to laugh or cry, he gently pushed Gao Dongfang away, and smiled helplessly, “Don’t be kidding, I ate well and slept well these days, and I rested for a whole week, the air in the mountains is good and clean, more comfortable than vacationing .How could it be possible to lose weight? Well, I know what you’re thinking.”

  Because the whole matter is still in the follow-up investigation stage, Fu Yuntian specifically ordered Zhong Shi not to disclose too much to the outside world, so Zhong Shi just said a few words in a vague manner.

After a detailed inspection, it was found that Zhong Shi was not damaged at all. Fu Yuntian and others took Zhong Shi back to Yanjing with confidence, and at the same time raised his security level by one level. Defend him intermittently.

   Zhong Shi didn’t know these things. Another thing that Zhong Shi didn’t know was that his kidnapping had already brewed into a far-reaching political storm, which ended with the downfall of a certain big shot.

   That is to say, this incident will shock the whole world.

   “It seems to be all right.”

  Gao Dongfang didn’t think he was disobedient, he patted Zhong Shi on the shoulder, and said with a smile, “Not only is he fine physically, but he also doesn’t have too many psychological problems. Now I feel relieved.”

   “Mr. Zhong’s safe return is really a great joy.”

  Other people also gathered around one after another, and the leader was Li Bin, who complimented him with a half-smile, shook hands with Zhong Shi, and quietly retreated to the side.

   Immediately afterwards, Guo Zhongye, Liu Ping and others also came over and had a few words with Zhong Shi.

   “By the way, everyone stop standing here, it’s too hot outside, shall we go inside?”

Seeing the endless stream of people coming to say hello, Zhong Shi looked around and felt that it was inappropriate for a group of people to gather here, so he quickly said, “Thank you so much for your concern and concern. Now I am safe and sound , Stand in front of everyone, everyone, go back and do things with peace of mind, I have received my heart, thank you here.”

   After speaking, he bowed to the people waiting here, and took the lead to walk towards the interior of the building.

  People clustered around Zhongshi and entered the building in a swarm.

   “Zhong Shi, maybe you don’t know, something big happened during your disappearance.”

  After entering the building, the ordinary employees returned to their respective posts to do what they were supposed to do, while Gao Dongfang and other small groups directly brought Zhong Shi into the meeting room, and the secret conversation began as soon as the door was closed.

With a bitter face, Gao Dongfang sighed, “Not long after you disappeared, the stock market plummeted, which can be called the second wave of stock market crash. The index fell from 4,000 points to 3,000 points, a full drop of 1,000 points , Trillions of market value directly evaporated. Not only that, the pressure on the renminbi in the foreign exchange market is also increasing, and the short selling is increasing day by day. Because of the stock market crash, the voice of the overvaluation of the renminbi is getting louder and louder, and many International institutions have blatantly joined the ranks of short-selling.”

   “Mr. Zhong just came back, should we let him take a good rest first?”

   Before Zhong Shi could say something, Li Bin spoke first, frowning and said, “It’s not too late to rest for two days before continuing to work. Isn’t it a bit inhumane for Mr. Gao to do this?”

“It’s ok!”

Zhong Shi waved his hand, looked at Li Bin meaningfully, and replied, “Although I have been away for a few days, I am not familiar with the current situation. But on the way back, I received a call from the leader, asking me to immediately Join the work team. The leader also ordered that the current situation is critical, and the overall situation should be the top priority. Besides, I have nothing to do, so there is no problem at all if I work now.”

   Li Bin curled his lips and didn’t say anything more.

   “Do you know which institutions have participated?”

  After dismissing Li Bin, Zhong Shi continued, “Have hedge fund giants like Quantum Fund, Bridgewater Associates, and Paulson Associates participated in shorting the renminbi?”

  The funds mentioned by Zhong Shi are all large-scale hedge funds with famous names in the international hedge fund industry, and they have an influential influence.

  Naturally, these hedge funds are also institutions that have a close relationship with Zhongshi.

   “I’ve never heard of this.”

Gao Dongfang lowered his head and pondered for a moment before hesitatingly replied, “At least there is no evidence from the public information that these hedge funds are involved in shorting RMB. However, whether they have shorted RMB does not need to be disclosed to the public, so I can’t be sure.” They’re not shorting the yuan.”

“By the way, there were rumors in the market that Soros visited Hong Kong in person, but what is weird is that Quantum Fund issued a statement in person later, claiming that this was completely false news. Logically speaking, even if they did not short the RMB, they would It is not possible to release such a rumor-refusing message.”

  He suddenly remembered an anecdote, and quickly added.

   “It’s hard for Soros to be able to make such a statement.”

  Hearing Gao Dongfang’s words, Zhong Shi laughed in surprise, and shook his head after a while, “He made this statement painstakingly, in order to show me that he is not involved in the muddy waters of RMB.”

“what?”

“This is real?”

   “This…how is this possible?”

  When hearing Zhong Shi’s words, several other people in the conference room were shocked, and blurted out what was in their hearts without thinking. It was only after they said it that they realized something was wrong, and they couldn’t help feeling a little more embarrassed.

  Among these few people, the only one who was not surprised was Liu Ping. He had heard of Zhong Shi’s reputation overseas and knew more than ordinary people.

   “Okay, let’s not talk about this. Now that the Quantum Fund has issued a statement, it proves that they are not involved in it.”

  Zhong Shi waved his hand, motioning for everyone to quiet down. Unknowingly, he has become the backbone of these people, “Since Bridgewater Fund, Paulson Fund, etc. have not been involved, then I can rest assured. By the way, now on the one hand, the stock market has just encountered The second stock market crash, and because of the stock market problems brought pressure on the exchange rate, is the whole situation like this?”

“good.”

Guo Zhongye stood up and said with a frown, “The problem we are facing now is, which one should we rescue first? Originally, we thought that if the exchange rate was stabilized, there would be no big storms in the stock market. But now something like this happened. A matter that fails to take care of both aspects becomes two equally urgent matters.”

“Speaking of which, both markets are equally important, and there are also reasons why we must save them. But at present, we can only take care of one market with all our strength, regardless of manpower or capital, and we can’t take care of the other. So we have been discussing , which market should be rescued first?”

   “Don’t we have a lot of foreign exchange reserves?”

  Zhong Shi felt a little puzzled, and asked Gao Dongfang, “As long as you sell part of the U.S. dollars and buy renminbi, the pressure on the foreign exchange market will naturally disappear. Why is there any hesitation?”

“this…”

Gao Dongfang curled his lips and said with some disdain, “That’s the truth. However, there is currently a voice saying that if the stock market does not improve significantly, then there will always be bad-mouthing China’s economy, and international institutions will be under pressure to short the renminbi. It has always existed, and in this case, it is better to rescue the stock market first, and then take action on the exchange rate market after the stock market recovers significantly, so that we can get rid of the fire from the bottom.”

   “It does make sense.”

Zhong Shi nodded emphatically, “At the beginning of the Asian financial crisis, voices about the Thai economy have been singing negatively since 1996. Under such circumstances, although the Thai government has cracked down on the shorting of the Thai baht several times, it was of no avail in the end. Tragedy happened.”

Speaking of this, he glanced casually, and found that the faces of several people were not good-looking. After a little thought, he understood, coughed lightly, and remedied, “Of course, there will be no similar problems for us. First, our country China’s foreign exchange reserves ranked first in the world, which was unmatched by Thailand at that time; secondly, even if our country’s economic growth rate slowed down slightly, looking at the whole world, this is still an incredible growth rate, and there are many people who are optimistic about us. By the way, everyone, what is the logic of those who advocate saving the foreign exchange market first?”

   “I am a person who advocates saving the foreign exchange market first.”

Liu Ping stood up and said calmly, “In fact, my point of view is very simple, that is, whichever market is easier to save should be saved first. Needless to say, the foreign exchange market, we only need to spend a small part of our foreign exchange reserves. , is enough to put out the current problem. But in the current stock market, after several stock market crashes, it can be said that people have lost their hearts. If more funds enter the market, in the end, the rescue funds can only become the main force of the entire market.”

   “This is indeed a big problem.”

  Zhong Shi also nodded emphatically, “Both arguments are quite reasonable, and it is indeed difficult to choose for a while.”

   Thanks to Crab Reading, Dragon Soul-Star, 36662870, Four-Eyed Prodigal Son, and Sudao Duanyou for voting monthly tickets! Thanks to China Mid-Term, Riverbank, Really Is It Stupid, Bookworm Xiao Song, and Dripha for their recommendation votes! It is really touching to see everyone voting so well. The author will definitely keep working hard and hope that more book friends can pay attention to and support this book~

  (end of this chapter)