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Chapter 98: Battle on Wall Street (1)(1/2)

New York Wall Street.

During this period, China's government debt has undoubtedly become the eye of a hurricane that swept Wall Street. A series of bad news has also begun to shake the most determined supporters of China.

After that sudden plunge, within two days, the second Chinese government bond price of every hundred dollars in the face value had fallen below seventy dollars, and it was still falling. Desperate American investors couldn't help but curse the country that once fascinated them, and voted to throw out the bonds in their hands with their feet, and vowed that "it would rather lend money to the gorillas in Africa than to the God Horse Empire in the East."

----------------

October 3.

New York Stock Exchange Trading Hall.

Cai Zhiyong has already brought elite soldiers and strong generals to the scene to supervise the battle.

In recent days, under the suppression of various forces, the Chinese Empire's treasury bond prices have hit a new low. Although many American investors or investment companies who do not believe in evil or are risk-loving, and many patriotic Chinese people also bought them enthusiastically, the tide of selling orders finally knocked down these treasury bonds, which were originally regarded as risk-free bonds, were finally defeated.

The price of the second-term Treasury bond has fallen to a terrible 70.2, which means a 9.39 return. The Wall Street Journal, the New York Times, the Chicago Herald Tribune and other newspapers all swear to say that the reasonable yield of China's Treasury bonds is "at least 25", which means that the second-term Treasury bonds will fall to 39 US dollars.

Some tabloids even proposed with ulterior motives that, referring to the "Sick Man of West Asia" Turkey, the defeated China, had to reorganize its huge debts. Due to its heavily in debt, even if the assets are auctioned, "the debt shrinks by two-thirds." In a word, China's national debt will cheat you of no negotiation.

Faced with the sudden turn of public opinion, many Americans who were originally fascinated by China also expressed dissatisfaction. Some Americans with good economic conditions bought a Chinese government bond with the only purpose of "to express sympathy for the ancient Eastern country's resistance to aggression." The attitude of German-American families is much more sincere. Immigrants who are accustomed to obeying and are proud of their own German ancestry responded to the "call of the motherland" and actively purchased Chinese government bonds.

Unfortunately, astronomical selling and precise and orderly trading plans are not something these retail investors can fight against. These German families could not help but feel a little depressed as they saw that the bonds they had just bought fell by a few points. But finally, the money is also the remaining money of the family. At worst, as they said, "holding it to maturity."

Although Cai Zhiyong has bought a full 10 million US dollars of Chinese government bonds in the past two days and even bought 5 million US dollars of Russian and Russian government bonds, he still has 20 million US dollars in cash, of which 10 million US dollars comes from Rothschild Bank, and 10 million US dollars is borrowed from various Chinese-funded enterprises and banks.

The order has been issued, and today is the day of the decisive battle. As Xue Dongcheng said on the phone, "What I want is speed, lightning-like speed goods, and half of them have not been absorbed. Today, I will complete the absorption of funds within two hours of opening. I will lift them to at least 70 before the closing of the market at noon. As soon as the market opens in the afternoon, I will rush and beat these bastards at all, so that these bastards have no chance at all."

--------------

The market is open.

In the exchange hall, the red vest brokers made various gestures, and the exchange quotations were constantly refreshing the quotations of various trading varieties.

"The Chinese government, 194, 10-year North American bond, the first phase, annual interest rate of 4.2, price... 69% transaction... 10,000 shares"

There was an uproar.

"Break seventy dollars"

"Damn Chinese, is it better to be more powerful?"

"It's over that China is over. Damn it. Who wants the dog to raise a 69 Chinese national debt? I have a thousand copies here."

"I sell it at 68 and 16 orders, 2,500 servings"

"I refreshed 68,500 copies, and it fell again, and the Chinese are finished."

There is a hustle and bustle.

"Hey, Chinese guy, do you know what I will do after the closing?"

Next to the Magic Stone seat, a tall rosacea-shaped red vest was facing the group of conspicuous yellow-skinned faces. Obviously, people who were not pure local agents looked ashen and shook their fists: "I will beat you hard and ruin me. Damn I'm going to be fired."

"If I were you, my friend." Cai Zhiyong shook his head, "I will have a good relationship with the Chinese people in front of me and invite them to have a drink, because they will bring you wealth..."

"Get out of your eggs" Rosacea raised a middle finger, "Emperor, all the yellow people go to hell"

Cai Zhiyong had no intention of calculating these drunks, shrugged and continued to focus on the quotation.

"Sixty-seven, 10,000 copies of China's second phase were sold"

"Sixty-seven and two, one thousand copies of China's second phase"

"Sixty-seven and three, buy 2,500 copies of China's second phase"

Cai Zhiyong's face changed slightly.

Soon, a red vest rushed over and whispered in Cai Zhiyong's ear: "The headquarters phone number is the German who took action... Let's wait a little longer."

"Sixty-seven and five, buy two thousand copies of China's second phase."

...

This aggressive buying gradually pushed the price back to the sixty-nine position. Many traders waving the Chinese government bond hawking were a little confused for a moment, and some of them were already sitting on the ground with their heads in annoyance. Many brokers who were still hesitating returned to their blood.

"It seems that someone still took over."

"I'll leave after rising to seventy-five. Emperor, this game is not fun."

...

At this time, the drunkard who had just shouted that he wanted to "burn all the yellow skin into pieces with a hunting rifle" had also changed his color and came over with some flattery: "Brother, I was a little offended just now. Swear to the emperor, I just wanted to have a fifth child because my wife was going to have a job... I need the luck that should be cursed... By the way, do you have any inside news? I heard that the Chinese and Russians were fighting fiercely in Mongolia..."

Cai Zhiyong signaled the other party to get closer. The other party understood and put his ears over.

"The so-called secret," Cai Zhiyong said softly, "is something that is absolutely unsaid."

He looked at the other person with a little anger and patted him gently on the shoulder: "Brother, if you believe me, you might as well prepare the funds. Today, maybe you are the time to transfer luck."

Rosacea looked at Cai Zhiyong with some confusion, and after a long time, he stomped his feet: "Okay, I believe you once, if I can't make money back, I can only get the relief money."

He turned around and ran to the phone room. After a long time, he came back with a determined look on his face: "I've been bet... If I lose this time, the boss will definitely kill me..."

At this moment, he looked up and saw the refreshed offer, and his face turned pale.

“Sixty-nine, thirty thousand copies”

“Sixty-eight, twenty thousand copies”

Two huge orders directly penetrated the buying orders below. The original buyer seemed to want to resist, and then several orders pushed forward, but it caused an avalanche-like selling order.

"Sixty-eight, twenty thousand"

“Sixty-seven and sixteen, five thousand”

"Sixty-seven, ten thousand"

"Sixty-six, three thousand"

"Sixty-five, three thousand, is there anyone who wants it? Sixty-four and sixty-sixteen, is there anyone who wants it?"

Seeing the tide of buying orders coming out, the recorder's refresh rate was no longer as fast as possible, and many quotes were outdated before they could write them.

"Di, I will be torn to pieces by the New York gunmen." Rosacea screamed, tearing his bow tie like crazy, "I'm done, you are my Satan."

"I'm done, is this the end of the world?"

Seeing that the price had fallen straight to sixty, the selling orders had already been put on a terrible huge order.

“Sixty-one, one hundred thousand copies”

“Sixty and sixteen, one hundred thousand copies”

"Sixty, one hundred thousand copies"

The three huge treasury bonds sold at each face value of 10 million have already made all Chinese treasury holders cry and have a mental breakdown. The first treasury bonds on the side have long been crushed by the tide of selling under the tragic decline of the second treasury bonds.

The agent with a dazed look ran in and out, and many people shouted out before they could even squeeze into the front row: "The market price will sell out Chinese government bonds, the second period, one thousand copies."

"Buy Russian government bonds, ninety-six and five, five thousand copies"

Another voice rang through the entire trading hall.

The red vests turned their heads and looked over.

"Mr. Wells"

Tarzan Beidou, the well-known chief trader of Mellon National Bank, Joe Wells, gently put down the British bbb heather pipe that had become his logo in his hand, and looked at his assistant making gestures, with a leisurely expression.

"It's Mellon Bank and they must have prepared for it, China is over."

"Buy Russian government bonds, ninety-six and sixteen, twenty thousand copies"

Another bombshell.

The agents looked over like a devil and saw a tall figure.

Smith Ballmer, chief trader of Chase Manhattan Bank, famous "Magic Ballmer", debuted on Wall Street at the age of 19 without a single defeat

"It's the Chase Bank Emperor, I'm afraid China has exploded."

"Buy Russian government bonds, ninety-seven, thirty thousand copies"

Another bombshell.

The red vests looked over tremblingly. They were a tall man with a cold face and a scar on his left cheek that added a bit of toughness.

Everyone knows that this former Navy lieutenant, known for his cold blood and cruelty, once announced murderously during the stock market crash in 1903: "Now we're going to rush out and slap the exchange."

Yes, he successfully washed the entire exchange: using his strong short sellers to beat all stock holders to a loss, many leveraged speculators were in slumped, and some even committed suicide by swallowing guns. Since then, this Englishman from Orlando has been called "Jack the Ripper" by the entire Wall Street in awe, based on the allusion of serial murder in London, England.

"Jack the Ripper"

"The National Bank of New York has been shorting China's Treasury bonds recently, so I must have received some news."

"National Bank of New York... Did Mr. Rockefeller take action?"

With a scream, a broker who bought a large amount of Chinese government bonds in the past two days had already foamed at the mouth and fainted on the ground.

"The news comes that the Chinese in Mongolia are surrounded by London"

A young man who broke into the door waved the telegram in his hand and looked excited.

This voice immediately put the entire trading hall in silence.
To be continued...
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