Chapter 1709

New York.

Wall Street.

An investment company.

"Is it accurate?"

"Not necessarily."

Listen up.

The general manager has a headache. There is a substitute for the original transcriptional solution. It's big news for his company, because he bet a lot of money on Mya Pharmaceutical Group.

Hundreds of millions of dollars.

Now.

In the global financial crisis, I thought it was a safe haven. Unexpectedly, in just a few days, the safe haven has become a hot spot. If I make a mistake, I will lose all my money.

Tangled.

Withdraw?

Or not?

If it's true.

They slow down and lose money. If it's a fake, it's too fast to lose credit. You know, the Bank of Myanmar group is not the existence of kindness. If you offend, you will not be allowed to enter next time.

That's the place.

Financial regulation is very strict. In order to be able to trade shares in Myanmar, it took a lot of effort to get permission. Therefore, before the authenticity could not be confirmed, they did not dare to take risks with their future fate.

But.

Move or not.

It's all about taking risks.

All of a sudden.

The phone rings.

Listen up.

"Sell off."

The general manager made a decision.

"What's the matter?"

I don't understand.

"Just got the news, many large financial institutions began to sell Myanmar shares, and even some of them were clearing their positions. Their information is more accurate than ours. I think it's true. We can't wait."

"But."

"What?"

"What if it's their way?"

"Well?"

"I think it's better to be cautious. The financial market is full of conspiracy. Maybe they want to crack down on the stock price and then take advantage of the low price to raise money, which has nothing to do with the truth of the news."

He reminded me.

There are some behaviors.

You don't have to know the truth, but how to use it.

"It makes sense."

Soon.

The strategy changed from selling completely to selling in half, and then buying on the cheap without withdrawing funds. Otherwise, changing into US dollars means that the Bank of Myanmar group has been completely offended.

Next time.

The threshold is likely to get higher.

。。。

Play.

Of course, we have to do the whole thing.

Under the guidance of the consortia, many large investment institutions began to reduce their holdings of Burmese shares, and there were countless followers.

"Black Monday."

"Do you want to see a high diving again?"

These days.

With the bankruptcy of Lehman, stock markets around the world are falling, which makes people panic.

"It's over."

"Get out of here."

“。。。”

As pessimism spreads, institutions, companies and individuals are thinking. Of course, there are also some people who don't believe it. For example, Burmese people, when they watch someone sell, bite their teeth and buy, their own buildings can't collapse.

At this time.

I don't support it.

Who else can we expect?

But.

Although there are many people protecting the market, they still can't resist the market smashing. After all, before they had money, they mostly invested in the stock market, but they didn't have much spare money. But we have done our best to stop the decline.

So.

This day.

Burmese shares fell the most since their establishment.

---Myanmar Pharmaceutical Group.

5%.

---Mya environmental technology company.

It fell by 4.3%.

None of the other companies rose, the most hit the drop 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.

16.

Down.

17.

Down.

18.

As the market continues to fall, the confidence of the whole market has suffered a heavy setback. Naturally, Western media's sarcastic remarks are indispensable. The economic miracle supported by a single technology is like a rootless duckweed, which can be pushed down.

It's all bearish.

"Foreign exchange reserves fell to $105 billion."

“。。。”

"Foreign exchange reserves fell to $80 billion."

“。。。”

"Foreign exchange reserves fell to $57 billion."

“。。。”

The withdrawal of investment and speculative capital from major financial institutions in Myanmar has taken away a lot of foreign exchange. Although there are financial regulations, the state can not restrict this kind of thing and can go when it comes.So.

Foreign exchange reserves are falling rapidly.

This is the data.

It's really frightening to see how long the foreign exchange reserves have fallen by half. However, the exchange rate has not moved at all. Under the mandatory exchange rate, the value of the Asian dollar is still stable.

Unless... Foreign exchange reserves are running out.

By then.

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

Just a week.

Even Kan Qin can't stand it. It's too exciting. He knows the script, but others don't know it. In recent days, the following panic and worry have even affected his work.

"No hurry."

Zero light said.

Kan Qin

No hurry?

How can we not be in a hurry? We are all in a hurry.

"They are too arrogant."

Kan can't help being angry.

"With strength, of course, we can be arrogant. Let them continue to sing. We are developing too fast. We also need to squeeze some water and take the opportunity to reduce some risks."

Zero said.

"The stock market has plummeted. Only by kicking out some speculative capital and expelling toxins can we go further. As for the high-quality assets they sell, they can just flow back to us."

"The next time you want to come in, the threshold will be higher. If you want to buy assets, the price will be higher. In a word, your task is to stabilize the emotions below, make them unable to sing by themselves and tear down the stage. "

"Good."

Kanqin nodded.

Every time he heard the comfort of zero, he could always give him infinite strength. This day, he was annoyed by the people under his hands, which made him nervous. He really shouldn't, or zero had the determination, and he felt inferior.

"Blumer is coming later." Kanqinti said.

"Well."

"What do I say?"

"Competition is more valuable than cooperation."

In half an hour.

"What?"

Blumer's smile froze there.

"This is what we mean by zero," he said. "Competition is the only way to let consumers use the most cost-effective products. Monopoly is not desirable. We apologize for our previous behavior."

Add oil and vinegar.

Kan Qin made up such a sentence.

That's bullshit.

Who can't.

"Now that we have 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."

"In this way, it will also urge us to work hard to reduce costs." Kanqin smiles.

“。。。”

Blumer felt like a brain wreck. No, he was a brain wreck on the other side. How could he be so open? The reasons he was looking for were so fresh, and he was so righteous that he had nothing to say.

"The realm of zero is really high."

For a long time.

Blumer just said that.

"Thank you. I think so, too." Kan Qin deeply thinks that, in terms of height, standing at the top of the mountain and looking far away naturally, you can only end up in failure.

"If you are really for the good of the world's consumers, I think we can help in reducing costs." Blumer soon grasped the handle of the story and began a new round of speech contest.