Chapter 170: The Madness of the Yingjiang Country Stock Market

Many stock investors in Yingjiang Country fell into a frenzy.

Immediately following.

Quite a few investors discovered that large amounts of low-priced sell orders had suddenly appeared in the stock market again.

Among them were many high-quality stocks such as Apple, Microsoft, Lululemon, and others, all being sold off in large quantities at prices far lower than the usual share price.

This made everyone even more frantic; the funds just obtained from selling stocks at high prices were now being used to crazily buy up these high-quality stocks again.

So much so that even though such large sell-offs appeared for these companies, it did not cause the share prices to fall, because these sell orders were all quickly snapped up by investors scattered all over Yingjiang Country.

Various investment firms and other types of companies also began to frantically sweep the market, buying up high-quality stocks they were optimistic about.

For a time.

The Yingjiang Country stock market went completely crazy!

It was as if all investors had benefited, and the entire populace fell into a frenzy.

However, in the stock market, as long as there are people laughing, there must correspondingly be people crying.

And in this stock market fluctuation, almost all retail and institutional investors were cheering.

Then, who was crying?

At this moment, inside a certain room at the New York Stock Exchange, several senior executives of the exchange gathered urgently and asked in deep voices:

"Quick! Why hasn't trading been halted yet?!"

"The backend of the trading system seems to have been hacked; these few stocks are out of control, and it is impossible to manually intervene to halt trading unless we cut the internet and power."

One of them, sweating profusely from anxiety, explained while operating the computer.

"How is that possible?!"

A white-haired elderly man who was the leader exclaimed.

Just at this moment.

His mobile phone rang.

The white-haired elderly man took out his phone to look, and upon seeing the caller ID, his expression became even more grave.

He hurriedly answered.

Before he could even speak, a hurried, demanding voice rang out from the other end:

"Mr. Peter! Anyone with eyes can see that those trades are abnormal; why haven't you halted trading? Why are you letting everyone continue to trade?"

"Quick! Immediately! Right now! Halt trading!"

"We have already lost over two billion!"

The white-haired elderly man knew the other party had suffered a major loss, so he couldn't care about the other party's harsh tone for the moment and said urgently: "I am arranging it, but I have encountered a bit of difficulty; I will find a way as soon as possible."

After finishing, he hung up the phone and hurriedly contacted official personnel to handle the hacking incident.

On the other side.

A blond elderly man put down his phone, cursing incessantly, and swept the items on his office desk onto the floor with force, completely losing his usual elegant and gentlemanly demeanor.

Soon, a knock on the door sounded.

The blond elderly man shouted angrily: "Come in!"

A white man wearing a white shirt pushed open the main door, and standing beside him were several sturdy men wearing black police uniforms.

The leader was a bald black man whose arms were as thick as a child's waist.

The group filed in.

The man in the white shirt gently closed the door behind them and quietly retreated.

The blond elderly man looked coldly at the few police officers, and without waiting for them to speak, he scolded angrily:

"Why was my company hacked, and you haven't done anything? Do you know how much money we have lost?"

"We have lost at least over two billion so far!"

"If you cannot catch the hackers and cannot find the mastermind behind this targeting us, I will sue you! It is your incompetence that has caused our interests to be infringed upon by lawless hackers!"

The bald black man listened to the other party's scolding without changing his expression, walked around the messy debris on the floor, went to the office desk, and said calmly:

"I will catch the hackers as soon as possible."

"Additionally, it is not just your company that has been hacked; as far as I know, several other securities firms have also been hacked separately."

"Charles Schwab, Charge Cruise, BlackRock, and perhaps several other securities firms."

"In short, this incident is not an operation targeting your company, but an indiscriminate terrorist attack against the Yingjiang Country stock market."

"What?!"

The blond elderly man was stunned all at once.

Charles Schwab, Charge Cruise, BlackRock, and their own Fuyu Investment were all top-tier securities firms in Yingjiang Country, or asset management companies; each of them controlled assets of over a trillion or even several trillion dollars.

Although the vast majority of ordinary people had never heard of the existence of these few companies, the vast majority of those world-renowned enterprises had some of their equity held by them.

For example, Apple, Microsoft, Coca-Cola, Nike, Adidas, the four major international grain merchants, major arms companies, major pharmaceutical companies, major car manufacturers, and other world-top companies all had their shadows behind them.

It could be said that they were the true capital groups that sat high above the surface world, secretly controlling monstrous assets and power.

And now, they had actually been hacked simultaneously?

Who exactly was it? Who dared to offend all these companies at once?

The various abnormal trades that had just appeared in the stock market all originated from the major securities firms.

Buying these ordinary, or even poorly performing, company stocks in large quantities at prices higher than usual was definitely a money-losing business.

Selling off high-quality stocks held by the major securities firms in large quantities at prices lower than usual was an even greater loss.

And the total loss from the stocks bought and sold by these major securities firms added up to at least tens of billions!

Of course, this amount of money was not considered a very large loss for the major securities firms, and it had no substantial impact on Yingjiang Country.

Therefore, Su Xin's retaliation had not yet ended.

Inside the New York Stock Exchange.

Almost every stock trader was caught in a frenzy of celebration.

The stocks they held that were of poor quality had all been sold at high prices, allowing them to make a huge profit.

Now, they had bought various high-quality stocks at low prices; once the stock market returned to normal, they could sell them at normal prices at any time and make another huge profit.

With this back-and-forth, many traders' assets would easily double or triple!

This was a great opportunity that one wouldn't even encounter in a bull market!

However.

Just as the many traders were excited, someone suddenly exclaimed:

"What?!"

"Why are the stocks I already bought decreasing? What is going on?"

"My God! Me too!"

"Where did my stocks go?"

"Everyone look! The dealer's shareholding is rising; someone is returning the stocks we bought back to the original source!"

"How could there be such an operation?!"

"It must be the exchange cheating, colluding with the dealer to return our stocks!"

"Why would they do this?!"

"Get your superiors out here now! I want an explanation as to why the stocks we bought were automatically returned! This is a dark conspiracy!"

Inside the trading hall, many traders were furious, surrounding the exchange staff, constantly pulling at them, roaring, and eventually escalating to physical assault.

The massive wealth that should have been in their hands was returned because of the exchange's issues, causing many traders to lose control of their emotions.

Some big investors in the VIP rooms were even more furious at this moment; they had bought more high-quality stocks, yet they were all returned to the original source just the same.

Their 'losses' were even greater.

Consequently, they also began to kick up a fuss one after another.

There were also traders scattered everywhere using software to trade stocks, who were also calling in one by one to demand answers.

For a time.

The entire exchange was in complete chaos.

But among them, a few big investors discovered that the stocks they had bought were not only not returned, but high-quality stocks were also continuously appearing for sale in the market, while most other people were too busy to buy them at all.

In their excitement.

These few big investors continued to buy frantically until they had used up all the funds in their accounts, and then urgently raised funds from their companies or homes.

They continuously poured these funds into the stock market, frantically buying all kinds of stocks.

The various chaotic phenomena occurring at the New York Stock Exchange spread across the world instantly, causing violent turmoil in major stock markets worldwide.

The Yingjiang Country stock market index fell continuously.

On a global scale, various stock market indices also experienced varying degrees of decline.

Since hackers could disrupt the New York Stock Exchange, they could inevitably disrupt other exchanges as well.

This indicated that there were huge loopholes and hidden dangers in stock market data security!

Consequently, many traders scrambled to flee.