After Su Yu, Li Meng and He Qian arrived in Shenzhen City.

Su Yu immediately asked He Qian to meet with the core management personnel of New Nanotechnology Company.

The core management personnel of New Nanotechnology had no idea that at this time when the money shortage crisis was spreading throughout the market and no one could borrow money, an investment institution would actually come to their door.

Therefore, Su Yu and his team won the order of new nanotechnology without basically encountering any obstacles.

With a direct investment of 4 million, it supplemented New Nano's imminent cash flow crisis. At the same time, with the approval of all shareholders of New Nano Technology, it occupied 10% of the shares of New Nano.

After taking down the new nanotechnology company...

The next day, Su Yu and his party visited Mingjiang Technology Company again.

Different from the New Nano Company's thirst for funds and the urgency of approaching huge debt repayment pressure, Zhu Jianming, the boss of Mingjiang Technology Company, was not in a hurry to sign a contract with the 'Yuhang Investment' represented by Su Yu, but was in a fierce fight with the three people.

During the bargaining, we finally accepted the 4 million funds proactively offered by 'Yuhang Investment'.

And in the end...

In this transaction, the 'Yuhang Investment' represented by Su Yu obtained 15% of the shares of Mingjiang Technology, which was a 5% reduction from the initial expected 20% shareholding.

The two deals were negotiated and 8 million was spent.

Su Yu considered that tomorrow was the day when the stock market opened and he had to go back to take charge of the work. So he left He Qian to finish the work in the Shenzhen market.

He and Li Meng returned to Yuhang that night.

Back at Yuhang's home, it was already 10 o'clock in the evening. Su Yu finished washing, turned on the computer, and checked today's various market news, chat software, and various messages in the email.

I saw that the entire market has been shrouded in a 'money shortage crisis' that broke out from the banking and financial system.

Whether it is financial media, various trading forums, or financial communities.

Everyone seems to be in a financial crisis and the end of the world, and is extremely pessimistic about the market outlook.

and……

Rumors are everywhere in forums and communities.

There is news that a local commercial bank in the southwest region suffered a serious run and went bankrupt overnight; there is news that major banks have begun to restrict large-amount fund transfers and will not allow the redemption of financial management funds at this time; there is news that the central bank will cut interest rates tomorrow.

Accurate, news about the release of trillions of liquidity; there is even news about a commercial bank begging big customers on the spot, and even kneeling down to big customers in order to prevent them from transferring funds... Anyway, there are too many to list.

Except for the rumors.

That is, the inter-bank overnight repurchase rate and the interbank lending rate, which are still above the 20% mark and seem to continue to rise, are constantly stimulating the market's near-collapse and completely broken on-site and off-site financing channels.

Su Yu felt this extreme panic and pessimistic market sentiment.

I know that the market will definitely not be better tomorrow.

I couldn't help but open the chat software and email, and took a look at everyone's messages and some intelligence information Lin Antu sent me.

I saw that whether it was in the comments or in the retail investor group of his classmates, the main hot money group, and the "Yuhang No. 1" investment group, they were all filled with extremely pessimistic discussions.

As for the intelligence information sent by Lin Antu, it contained some more sensational news.

For example, the internal net cash flow of Qianjiang Bank is less than 3 billion; for example, the overnight repurchase rate and lending rate of many city commercial banks have risen to around 30%; for example, a business in Qianzhou has sufficient funds and can lend funds.

The bank, within 12 hours after the news was released, attracted more than 50 commercial banks to gather loans; for example, two commercial banks’ internal teams, in order to obtain a loan fund of 50 million for emergency relief, went to the bank that lent the funds.

A fight broke out in front of the bank...

Dozens or hundreds of news and internal information were arranged in the emails Lin Antu sent him.

Shocking and jaw-dropping.

"Is there any internal information from the central bank?" Su Yu asked when he saw that Lin Antu was still online.

Lin Antu replied: "No, no information has come out from Yanjing. It can be said that everything is calm, which is strange... This round of market money shortage crisis has become like this, and the central bank can still remain motionless and pretend to be

Tsukuru didn't see anything? What are you planning to do?"

As a market researcher.

When the market financial crisis has developed to this stage, he really can't understand that the central bank can still remain indifferent.

Su Yu chuckled and said, "You have to drink the bitter fruit you brewed by yourself!"

"Since the global financial crisis in 2008, under the various macro-strategies of national economic stimulus and revitalization, the central bank has released waves of water, and market liquidity has long been excessive."

"In the past one or two years, after the central bank released water, the economic response has become slower and slower."

"On the contrary, the inflation problem is becoming more and more serious, which can be seen."

"For example, where did the terms 'Garlic You are cruel', 'Jiang Youjun' and 'Uncle Onion' come from?"

"When there is excess liquidity and inflation continues to soar, if we then continue to use water to stimulate the economy, it will be like drinking poison to quench thirst. In the end, big problems will arise."

"The central bank is certainly aware of this."

"So, from the end of last year to now, the intensity of water release and liquidity release has been getting smaller and smaller."

"But until the economic growth slows down and the global economy and the Federal Reserve do not turn a corner, even if the central bank knows the crux and wants to tighten liquidity, it still has great concerns."

"So, I kept putting it off."

"But now, since late April, the Federal Reserve has released the signal to exit the QE plan and will most likely switch to the interest rate hike channel in the future."

"The central bank has lost its previous concerns."

"We also intend to gradually tighten liquidity, alleviate the current inflationary problems that plague people's livelihood, guide funds to invest in the real economy, and reactivate economic vitality."

"But there are some guys who claim to be the top economists and institutional researchers in the country."

“In the last wave of water releases by the Federal Reserve and the domestic central bank a year ago, they ignored the global inflation situation and continued to predict and predict that the domestic central bank and the Federal Reserve would continue to release water to stimulate the economy. This led to the vast majority of domestic financial institutions misjudging the macro-monetary situation.

, in the first quarter, when the central bank has released liquidity, it expanded wildly and extended lending on a large scale, resulting in excessive growth in money supply and social financing."

"Such a situation..."

"If the central bank continues to release liquidity, there will be no problem."

"But what's the result?"

"It was the Federal Reserve's sudden change in monetary policy in late April, and it was the central bank's determination to curb the problem of excess liquidity, suppress inflation, adjust monetary policy, and thus guide the adjustment of economic institutions."

"This has led to domestic liquidity, which has become increasingly tense since late April as expectations for the central bank to release liquidity have failed again and again."

"After all, if the central bank doesn't release liquidity."

"Then according to the original target of annual fund supply, the additional social financing increase released in the first quarter will need to be paid back in the second quarter."

"In recent years, various commercial banks have sought to obtain more liquidity."

"The aggressive expansion of off-balance sheet assets has led to a sharp decline in the number of basic deposits."

"This naturally aggravated the outbreak of this crisis and the severity of the market's money shortage due to misjudgment of monetary policy and lack of money."

"But, overall."

"Our domestic financial supervision is still focused on strong supervision."

"The central bank still has a lot of cards to play. A money shortage crisis like this will only have a temporary impact. As long as the central bank releases a certain amount of liquidity in the future, the crisis will naturally be resolved."

"Of course, the central bank has yet to move at this time."

"I guess I'm trying to shake things up and take advantage of the money shortage crisis in the market to make these commercial banks who have tasted the bitter consequences understand that they shouldn't predict policies or abide by the rules. I feel that there is no precedent for bank failure in the country, and I feel that in the end, the central government must take the blame.

They just carried out off-balance sheet expansion and aggressive investment, forgetting the most basic risk issues.”

"I understand!" After listening to Su Yu's analysis, Lin Antu finally understood the logic behind it and replied, "Mr. Su's analytical ability is really amazing. I really admire him."

He didn't think as far ahead as Su Yu, so he had always been a little hazy about this money crisis.

Now, I finally understand it.

"I estimate that after this money shortage crisis, these commercial banks that have tasted the bitter consequences of this time will return to stable operations, gradually sort out their bank assets, and move towards true optimization." Su Yu

After Lin Antu replied, he laughed and said, "But the era of high bank growth is probably gone forever, and the grand occasion of 2007 will never happen again."

After saying that, the two continued to chat for a few words, and then Su Yu went to sleep.

The next day, when he woke up.

The 'savior' that the entire market is looking forward to, the central bank still has not cut interest rates, nor has it conducted any open market operations. However, after a night of fermentation, the money shortage crisis in the entire market has further spread. The overnight repurchase rate and inter-bank lending rate between banks have dropped.

It has generally reached an astonishing above 30%. Compared with a few days ago, it has increased by 10 times. Countless shocking news and rumors are still flying in the sky.

Su Yu briefly browsed various financial news information driven by mobile phones.

Then, after washing up and having breakfast, he and Li Meng came to the company.

He still had a simple morning meeting, and then he went to the company's trading room, sat in front of the computer, and waited for the arrival of 9:15.

"Mr. Su, the market sentiment today is very pessimistic!"

Li Meng sat next to Su Yu, browsed the market's financial information, as well as the hot topics in major trading forums and financial forums, and said.

In private, she can call Su Yu by his first name.

But in the company, Li Meng is usually addressed as "Mr. Su".

"The market money shortage crisis has spread from within the banking system to the market. Under such circumstances, it is surprising that market sentiment can be good." Su Yu said, "But there is no need to be pessimistic. Domestic financial risks are generally still
To be continued...