Chapter 1713 Plunge (Please Subscribe!)

New York.

Wall Street.

an investment company.

"Is it accurate?"

"uncertain."

After listening.

The general manager is very troubled, and there is a substitute for the original transcription solution, which is big news for their company, because they invested a lot of money in the Myanmar Pharmaceutical Group when they bet on it.

Several hundred million dollars.

now.

During the global financial crisis, I thought it was a safe haven. Unexpectedly, in just a few days, the safe haven has become the cusp of the storm. If this step is wrong, it can only be lost.

tangled.

withdraw?

Still not withdrawing?

If true.

They go slow and lose money. If it is false, go fast and lose credit. You must know that the Bank of Myanmar Group is not a friendly existence. If you offend it, you will not be allowed to enter the market next time.

there.

Financial controls are very strict. In order to be able to trade in Burmese stocks, it took a lot of effort to obtain permission. Therefore, before confirming the authenticity, I dare not take risks in the future.

But.

Move or not.

are all adventurous.

suddenly.

the phone is ringing.

After listening.

"Sell."

The general manager makes a decision.

"What's wrong?"

Subordinate puzzled.

"As soon as I got the news, many large financial institutions have begun to sell Burmese stocks, and some are even liquidating their positions. Their information is more accurate than ours. It is true, we can't wait any longer."

"But."

"what?"

"What if this is their method?"

"Um?"

"I think it's better to be cautious. The financial market is full of conspiracies. Maybe this is because they want to take this to hit stock prices and then accumulate money at a low level. This has nothing to do with the truth or falsehood of the news."

The subordinate reminded.

some behavior.

It doesn't necessarily need to know what is true or false, but how to use it.

"Makes sense."

soon.

The strategy changed, from a complete sell-off to a half-sell, and then to accumulate on dips, and the funds would not be withdrawn. Otherwise, switching to US dollars means that the Bank of Myanmar Group has been completely offended.

next time.

The bar may become higher.

. . .

put on a show.

Of course do a full set.

Fred could not sing a one-man show, and then the capitalists remained motionless, and under the instigation of the consortium, many large investment institutions began to reduce their holdings of Myanmar shares, and together, there were countless followers.

"Black Monday."

"Do you want to see another high-altitude diving?"

These days.

With Lehman going bankrupt, global stock markets are falling, making people panic.

"It's over."

"Get out now."

"..."

Pessimism spreads. Institutions, companies, and individuals are all thinking. Of course, there are also unbelievers, such as Burmese people, who watch someone sell it, bite their teeth, buy, and their own buildings cannot collapse.

at this time.

I don't support myself.

Who else can you count on?

But.

Although there are many people who protect the market, they still can't stand the market. After all, when there was money in the past, most of them invested in the stock market, and there was not much spare money. But it's the best effort to stop the decline.

then.

this day.

Burmese shares posted their biggest drop since inception.

——

Burma Pharmaceutical Group.

down 5.5 percent.

——

Myanmar Environmental Technology Co., Ltd.

down 4.3 percent.

None of the other companies rose, and the most hit the lower limit, more than half of the total number of listed companies. Even Tang Qing's Qingyuan Technology was not spared, falling by 3.9%.

It's bleak.

sixteenth.

fall.

seventeenth.

fall.

eighteenth.

Still falling, the confidence of the entire market has suffered a severe setback. Western media’s sarcastic remarks are naturally indispensable. Saying that an economic miracle supported by a single technology is like a rootless duckweed.

A blank.

"Forex reserves fell to $105 billion."

"..."

"Forex reserves fell to $80 billion."

"..."

"Forex reserves fell to $57 billion."

"..."

The investment and speculative capital poured into Myanmar by major financial institutions have been withdrawn, and a lot of foreign exchange has been taken away. Although there are financial controls, the state cannot restrict such things, and they can leave when they come.

therefore.

Foreign exchange reserves fell rapidly.

this data.

Seeing Kan's heart skipping a beat, it took a long time for the foreign exchange reserves to fall by half. However, the exchange rate did not move at all. Under the forced exchange rate, the currency value of the Asian dollar remained stable.

unless. . . Foreign reserves are exhausted.

Until then.

Without sufficient foreign exchange reserves, the central bank will order devaluation to reduce the consumption of foreign exchange.

Just a week.

Things have developed so much that even Kan can't stand it. It's too exciting. He knows the script, but others don't. These days, the following panic and worries have even affected work.

"Not urgent."

Zero said lightly.

Kan: "..."

Not urgent?

How could it not be in a hurry, the following is crazy.

"They're too arrogant."

Can't help but get angry.

"If you have strength, of course you can be arrogant. Wait, let them continue to sing. We are developing too fast, and we need to squeeze the water and take the opportunity to reduce some risks."

Zero said.

"The stock market has plummeted. Only by kicking out some speculative capital and detoxifying it can we go further. As for the high-quality assets they sold, they just happened to flow back into our hands."

"Next time you want to come in, the threshold is higher, and if you want to buy assets, the price is higher. In short, your task is to stabilize the emotions below, so that they can't sing on their own, and tear down the stage."

"it is good."

Kan nodded.

Every time he hears Zero's comfort, it can always give him infinite strength. This day, being annoyed by his subordinates makes him nervous. It really shouldn't be, or Zero is determined and ashamed.

"Bloomer will come later," Kan said.

"Um."

"What do I say?"

"Competition is more valuable than cooperation."

After half an hour.

"What?"

Blumer's smile froze.

"This is what we mean by zero. He said that competition can allow consumers to use the most cost-effective products. Monopoly is not desirable. We deeply apologize for our previous behavior."

Add oil and vinegar.

Kang added this sentence.

Bullshit.

Who wouldn't.

"Since there is an alternative technology, we feel better. We hope to work together in the future to provide the world with high-quality and affordable products. We are looking forward to it."

"This will also urge us to work hard to reduce costs." Kan Qin smiled.

"..."

Blumer felt like a brainless person, no, it was the opposite brainless person, how could he be so open-minded, the reasons were so fresh, and the righteousness was so awe-inspiring that he had nothing to say.

"The realm of zero is really high."

a long time.

Blumer just said that.

"Thank you, I think so too." Kan Qin took it for granted. In terms of height, zero standing at the top of the mountain can be seen from a distance, and it can only end in failure for your little tricks.

"If you are really good for the world's consumers, I think we can help in reducing costs." Blumer quickly seized the topic and conducted a new round of verbal competition.

I posted a chapter yesterday, but it was quickly blocked. After I edited it, it was released today!