Through the wealth life

Chapter 1117 Taipei Stock Market Shocks

Chapter 1117 Taipei Stock Market Shocks
When Li Guangyu was watching the financial statements of the major groups for the first half of the year in the office, Gan Qin hurried in.

Li Guangyu asked aloud, "Is there any emergency?"

"Li Sheng, just now there has been a violent shock in the Taipei Stock Exchange market in Taiwan, and its weighted stock index has suddenly plummeted. Guo Fengtao suspects that this is the work of hot money. We still don't know whether the other party is trying to smack the west or use it as a bait to let us relax. He was wary of the Xiangjiang Exchange, and he asked if we would join hands with Hsinchu Bank and several major banks in Xiangjiang to enter the Baodao market.”

They have been vigilant against the hot money on the Xiangjiang Exchange for the past few days. They did not expect that there is no problem on the Xiangjiang Exchange, but the Taipei Exchange has been attacked. It is not yet known whether this is the other party's diversion.

Li Guangyu thought for a while and said: "You tell Guo Fengtao to keep an eye on the Xiangjiang Exchange and pay attention to the situation above at any time. Once there are a large number of empty orders on the futures market, keep an eye on the major companies in Xiangjiang, especially It is a top [-] company, and we must ensure that there are no problems in our market. I will ask Jiayi Group to cooperate and release some news that is beneficial to Xiangjiang's economy when necessary."

As for Baodao, Li Guangyu is not in the mood to help them protect the plate now. Li Guangyu is still worried about the matter in April. He is waiting for time and Wang Hui's investigation. Pull down that Dean Li.

If the Baodao stock market is hit hard this time, it will inevitably cause many people to be dissatisfied with the dean. Now he is unwilling to help the dean solve the troubles. Anyway, the shock on the Taipei Exchange has no influence on him and his allies. Big, it would be good to buy the bottom and increase their shareholding in some companies with potential.

After hearing this, Gan Qin responded immediately: "Li Sheng, I will inform Guo Fengtao right away."

At this time, the chairman of the Taipei Exchange was talking on the phone with Li Guoding, the Minister of Economic Affairs of Taiwan, hoping that the Ministry of Economic Affairs could provide support to prevent the Taipei stock market from falling into a trough.

The sudden sharp drop in the stock market is definitely not what Li Guoding wants to see. Once the stock market fails to rebound quickly, it will have a great impact on the economic development of Taiwan. Many listed companies will face huge problems, and some shareholders may go bankrupt.

It’s just that the most effective way to stabilize Taipei’s stock market is to support the market with huge funds. Now their Ministry of Economic Affairs does not have much financial resources to save the current situation.

After he hung up the call of the person in charge of the exchange, he immediately called the chairman of Bank of Taipei.

He said on the phone: "Chairman Kong, you must have understood the situation on the exchange. I hope your investment department can enter the market and hold the current market. I will contact the major listed companies and invite them to enter the market." repurchase its shares in the company."

As the head of Taipei's largest bank, Kong Lingzhou received a report from the head of the bank's investment department when the Taipei stock market fluctuated. This sudden plunge must be caused by hot money. For Li Guoding's proposal, he himself was powerless.

There were a lot of empty orders this time, and it was a drop in the bucket for him to enter the Bank of Taipei. They didn't have much funds to use, so entering at this time would be a disaster.

He said aloud: "Minister Li, I wonder if you can contact Tianyu Bank, Xiangjiang Bank, Hsinchu Bank, and Bank of East Asia to let them act together with us, so that we can be more sure, relying only on our banks and listed companies I'm afraid it will be very difficult, but you also know that many of those listed companies still have a lot of debts, so there is no surplus funds to buy back shares."

Of course Li Guoding understands this situation, but the relationship between Li's consortium and them is not as close as before. If they ask them for help at this time, they will probably be rejected directly.

As a high-level politician in Taiwan, he naturally knows a lot of news. The impact of the April incident was too great, and he made up for it later. Saying this has basically shortened his official career.

At that time, the reaction from the Li Family Consortium was quite intense. In May, it announced the establishment of a family game production company in Pengcheng. The production volume of the side will definitely gradually decrease.

Li Guoding knew the meaning of transferring Wang Jie this time. After the April incident, the president made more and more arrangements, and he was more determined to pave the way for someone. Anyone who threatened that person would choose to replace him in advance.

He himself is not feeling very well now, fortunately there is a faction pro-Li's consortium at the front, otherwise he may not be able to sit firmly in this position, and now the stock market has suddenly plummeted again. For Baodao, it is really stormy The building is full of wind.

Moreover, Li Guoding is also worried that the sudden stock market crash will be caused by the Li's consortium. Although the possibility of this is not very high, it cannot be ruled out that the Li's consortium will not take action. The Li's consortium has such strength. There is also such ability.

He said aloud: "Chairman Kong, the sharp drop in the stock market has dealt a huge blow to the economic development of our island. I hope you can put the island first and do your best to maintain the stability of the Taipei stock market. I will report to the president immediately. Please advise, I believe there will be many favorable policies to maintain the normal economic order of Taiwan."

Although Bank of Taipei is under the jurisdiction of the Ministry of Finance, Li Guoding has a high status in the party. Kong Lingzhou can only respond: "Mr. Not long."

……

After Li Guoding hung up Kong Lingzhou's phone, he immediately called the president's office and asked him to report to the president, and he wanted to talk to the president himself.

"Guo Ding, what's the matter?"

Li Guoding told the president about the Taipei stock market, and also mentioned Kong Lingzhou's suggestion, and finally asked the president for instructions.

After listening to Li Guoding's report, the president did not reply immediately. He was quite troubled in his heart. In the past few months, the retail market in Baodao has been chaotic, and the market competition among several major supermarkets is in full swing.

Li's consortium has become more and more contemptuous of Baodao in the past few months. Many of the group's leaders in the mainland are vice presidents of the group, while their Baodao side is only the general manager of a branch. This can already be seen that Li The attitude of the consortium towards them.

Now that there is a problem with Baodao's stock market, I hope that the Li's consortium will help them protect the market. Why should they help.

Playing the national card with Li Guangyu is probably useless now. He can still clearly remember Li Guangyu's resolute statement in his office that he will treat the Baodao market as a businessman, and protect the Taipei stock market. Disk is obviously not what he should do.

The president feels that he is physically and mentally exhausted now. While he wants to understand the influence of the Li Family Group on the political circles of Baodao, he also hopes that the economy of Baodao can run smoothly and for the better.

It's a pity that God doesn't seem to be willing to let him do what he wants. If the stock market can't handle it well this time, the rapid economic development of Baodao is likely to end here, and the problems caused by that time will be more difficult to deal with than the pro-Li consortium faction.

……

(End of this chapter)

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