Vol 4 Chapter 37: Seesaw is fun
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Rebirth of the Financial Overlord
- Flower skin
- 1206 characters
- 2021-01-30 04:30:46
Grunuhaka District is the heart of the Helsinki Design District and the economic and financial center of Finland.
Here, all over Finland’s tallest skyscraper cluster, within only two miles, there are nearly 30,000 people working here, because in its core area is the location of the Helsinki Stock Exchange.
The Grunuhaka Building is thirty stories high. Standing on the upper floors of the building, looking into the distance through the green glass curtain wall, you can have a panoramic view of the natural scenery of the Baltic Sea. If you observe with a high-powered telescope, you can see the Gulf of Finland The floating boats are even girls in bikinis on the beach.
Slender and proud body, white or slippery wheat color, as the girls play and chase on the beach, the ups and downs are exciting.
On the twenty-eighth floor of the building, Yulia Sidorov held a high-powered telescope and scanned the girls on the beach back and forth. From time to time, she looked down at her majestic figure with rips. A sense of pride suddenly emerged.
The office is very large. Not far away, Gina Kanowski was sitting in front of the computer, and she was quickly tapping on the keyboard excitedly. Under the continuous tapping of her slender five fingers, a series of red numbers flashed densely on the display.
Feelings sold 2000
Feelings sold 2000
storaenso sold 2000
nokia sell 1000
...
Short selling is all short selling orders.
As the Finnish securities market does not prohibit naked shorts, as long as there is sufficient funds, in theory, the corresponding securities can be sold unlimitedly.
Feelings sold 2000
storaenso sold 2000
nokia sell 1000
...
Qina Kanowski is like finding a new toy, excited, because every time a series of short-selling stock transactions, the corresponding stock will drop a little bit.
Of course, with the trading volume input by Qina, it is not even a fraction of a fraction in the market, but the problem is that in addition to the small trading volume that Qina beats, there are also large and large sums of money selling crazy.
Feelings sold 20,000
Storaenso sold 30000
storaenso buy 300
nokia sold 10000
...
Fenlin, Stora Enso, and Nokia are all Helsinki's most heavily weighted companies, but they have one thing in common. They are all related forestry and real estate companies.
As Stora Enso’s performance has been drastically changed by the Soviet market, it almost came to a standstill. As soon as the profit and loss report for the second quarter was released, it suffered a large number of market sell-offs; Nokia was also similar. The transformation of the forestry structure to high-tech research and development, one loss and one loss, immediately encountered severe financial pressure and became the target of capital abandonment.
Fenlin was not much better. House prices fell by 40%, which had a huge blow to Fenlin's paint sales. Fenlin even had to lay off staff to reduce costs to reduce costs.
This is just a fundamental problem. The central bank suddenly increased the overnight lending rate several times. It is conceivable that the total amount of funds in the market will be hit. Many liquid capitals have to be returned when bank lending expires. To banks, and some financial companies, while the central bank raised the lending rate, also simultaneously raised the short-term lending rate.
When many companies need to temporarily cross the bridge when their accounts are due, the cost incurred has increased several times.
After all, the stock price is driven by capital. The central bank's resolution has almost brought the capital liquidity into a sluggish, and the securities market is like an abandoned child, immediately becoming the object of all capital abandonment.
Papa--
Qina Kanowski was happily typing on the keyboard. She was having fun, because under the impact of various weights, the Helsinki Index had fallen by 1.3%, and the heX short position on the company’s account, 30 million assets have been increased.
Suddenly, Feelings' trading market made a sale of 99999. Under the blow of this big order, Feelings' stock price seemed to have encountered Waterloo, and was hit by 0.3%.
"Yulia. Come and see."
Qina Kanowski yelled excitedly.
Yulia Sidorov put down her binoculars and walked over, and when she saw the bright red stock price of Feelings, she was suddenly excited.
21.33 is the lowest point of Feelings stock price that has been hovering recently. The company team has already calculated this price. This price is the last risk line of Feelings. If Feelings can't get the funds to repurchase and wait until the stock price is broken, then Feelings stock will Trigger the bank's risk control system.
At that time, Feelings can no longer provide funds to save, and the bank can only handle risks in the market in accordance with the procedures.
Slap--
Excited, Yulia kissed Qina on the cheek.
It is conceivable that when Feelings' stocks in the bank are processed, what consequences will be caused will be a disaster for the Finnish stock market and even the banking system.
"Yulia. What should we do now."
Qina Kanowski said excitedly, her green eyes shining like emeralds. Yulia gave a smirk and grabbed her jaw.
"I think. We should do something business now, you say. Didn't that say, keep the blood under the head."
"Oh......"
"Most of Finlin’s stocks are pledged in the Aktia Reserve Bank. I think once Finlin triggers the liquidation line, then the Aktia Reserve Bank will definitely make a decision. At that time, it is very likely that Finlin will make a decision. It will collapse completely."
"Yulia..."
"Qina. Don't be distracted. Now, you need to stay calm and settle all heX positions."
"Well...Didn't you say that Fenlin will completely collapse..."
"But I think Anning will definitely make the right choice."
"..."
Fenlin is Finland's largest paint and decorative paint series product company. It has nearly 10,000 employees and nearly 30,000 people in the related industry chain. If Fenlin falls, it will be the current employment rate. Nightmare.
Ning's mood has become very bad, and the whole person is also in distress. Nokia Group has drastically cut down a large part of the forestry structure, which has caused widespread unemployment. If Stora Enso Group goes bankrupt and Fenlin also filed for bankruptcy, at least it will Nearly 50,000 people will lose their jobs.
Once the situation of these companies deteriorates, it will again bring a heavy blow to the already stressed securities market, and even cause the banking industry to suffer irreparable losses.
"Damn it! Damn it. How could this happen."
Hanging up, Anning rubbed her hair and cursed.
"President. We must help Fenlin get through this crisis now."
"I know. But even if we help Finlin solve the problem~EbookFREE.me~ other companies will have problems soon, and we can't handle it."
"Then what shall we do now."
What should I do!
An Ning clutched his head, grabbed the cigarette on the table and smoked it. After smoking three cigarettes in a row, his irritability was forced to calm down.
"Those international capital has been temporarily retreated by us. I believe that they dare not attack our exchange rate system again in the short term when they are not sure whether we will raise interest rates again. So now, I think, they can borrow overnight. Interest rates returned to normal levels."
"But if they come again, what shall we do."
"I think the United Kingdom, Italy, and other countries in the European Community will also be able to discover the crisis. They will put pressure on the Bundesbank."
"..."