Life at The Top novel Chapter 2008

“Bring it here!”

Soros shouted. After he said that, he could not wait for his subordinates to print out the announcement, so he walked quickly t o the computer.

“Given the current increasingly complex domestic and international economic situation, after the batch listing of state owned enterprises with important assets, the Central Bank and the Ministry of Finance had obtained authorization to approve the entry of social security funds into the market. The total amount of social security funds entering the market this time is 600 billion Somer Dollars. It will follow the laws of the market economy to ensure the positive appreciation of the social security fund through capital operations…”

Soros did not finish reading the contents o f the announcement which only had a few hundred words. He understood what kind of decision Swallow Capital had made from just the first half of the announcement.

“Damn it, these punks from Somerland have decided to take this step after all!”

Soros was a little out of breath.

He knew that Swallow Capital would definitely protect the domestic A-share market and that no country would allow its financial market to be trampled and harvested by foreign capital, yet he did not expect Swallow Capital to respond so quickly.

His estimation was that it would take at least 2 trading days for Swallow Capital to react and take appropriate measures, and 2 trading days were enough for him to evaporate at least 100 billion of Somerland’s capital wealth. If the limit down of thousands of shares continued for 2 trading days, the consequences would be devastating.

However, things did not go according to plan.

The influence of this silent announcement was absolutely enormous.

The total social security fund in a country like Somerland would be terrifyingly huge. Also, because of its overwhelming participating population, its social

security fund was the top priority over its overall social stability.

The day had finally come for the Somerland government to use the social security fund.

Although the announcement did not mention what Wall Street capital had done in the domestic financial market, a discerning person could see at a glance that the batch of state-owned enterprises going public from before and the social security funds entering the market now was to resist the invasion of Wall Street capital.

In the financial battlefield, there was no smoke of gunpowder, yet murderous intent was everywhere.

On the day when the thousand shares fell t o the limit, Swallow Capital immediately officially announced that the social security fund would enter the market. It represented not only financial implications, but also carried a political overtone.

Therefore, when the outside world felt

Swallow Capital’s determination to protect the domestic financial market, private capital immediately swarmed.

Foreigners who would go on strike or demonstrate at any time would never understand the dependence and trust of the people of Somerland in the government.

This was also Jasper’s purpose.

Jasper wanted to accomplish a great task with little effort by clever maneuvers. The 600 billion social security fund was used a s an opening to mobilize the enthusiasm o f national capital.

Otherwise, Jasper would not dare to boast that he could use 600 billion social security funds to fight Soros’ at least 200 billion US Dollars even if he was stupid.

According to the exchange rate, the power in Soros’ hands was more than double that of Jasper’s 600 billion.

When the difference in strength was too great, all techniques were just bells and whistles.

Only the capital of all of society could fight against Quantum Fund.

“Sir, after the announcement was issued, hot money began pouring in. We’ve suppressed the stock price and shipping, but these crazy investors bought in like their lives depended on it. Right now, the situation is out of our control.”

Every word of the subordinate’s anxious report penetrated Soros’s heart.

Soros felt as if he had just woken from a

dream.

“It’s Jasper. This is still Jasper. This is Jasper’s style! Swallow Capital did not lose its trust in him, but instead, they placed even more trust in him. Only a madman like Jasper could come up with the crazy plan to list the social security fund at this moment!”

Soros roared.

He was sure that Jasper was the only person in the word who could stab his weakness with every move he made.