Chapter 171: Stock Market Chaos
The chaos at the New York Stock Exchange only lasted for about an hour.
But the subsequent impact spread far and wide.
Starting from the next day.
Many investors took to the streets to protest, claiming that the New York Stock Exchange had openly engaged in shady dealings, causing significant losses for many investors.
Although many investors had already made quite a bit of money when they initially sold their stocks, simply buying various high-quality stocks in the second round was equivalent to returning the money that was originally supposed to be in their pockets; overall, most people still made a large profit.
But this feeling of having gained and then lost was even more infuriating than being robbed directly.
The numerous investors naturally felt they had been cheated.
And there were simply too many people who felt cheated this time, at least several million investors; someone stepped forward to call for action, and everyone immediately stood up, marching and demonstrating to demand that the exchange compensate for their losses.
Some even rushed into the New York Stock Exchange to smash things crazily, venting the anger and dissatisfaction in their hearts.
But at this time.
The authorities had no intention of pacifying them, because those who had truly suffered great losses were the major securities firms, and the latter had both money and power, coming forward together to strongly demand that the authorities resolve the problem.
The authorities naturally prioritized the latter.
On one hand, the authorities mobilized great power to investigate the hackers who disrupted the exchange.
On the other hand, they also attempted to help the major securities firms recover some of their losses.
The two eventually merged into one line of effort.
"It is impossible for the hacker to have made this series of actions without a purpose; it should have been to profit from it."
In a small conference room, a bald Black man who was always skilled at investigating economic crimes said:
"In this stock market chaos, the biggest losers were the major securities firms; the investors basically all made some money, while those who truly made a huge profit were these dozen or so major stock market players."
"They first earned a large amount of capital by selling the massive amount of junk stocks in their hands, and combined with the funds they already held, they continuously purchased many high-quality stocks. After the stock market stabilized a few days later, if they sold these high-quality stocks, the net profit of each of them would be at least over one hundred million dollars!"
"Even if they don't sell, holding these high-quality stocks in their hands can also bring them many benefits."
"The hacker is very likely from one of them, or has a very deep connection with one of them; we can use this as a clue to investigate further."
"Moreover, the anger of the major securities firms needs to be calmed, and their losses also need to be compensated."
"We can't possibly go and provoke those investors who are already in a frenzy at this time; we can only take action against these dozen or so big players who made a lot of money."
"So..."
"Everyone, we are preparing to take action!"
The chaos in the Yingjiang Country stock market caused strong dissatisfaction from every party involved.
The securities firm side, having been hacked, resulted in each firm losing over two billion dollars, naturally full of dissatisfaction and anger.
They continuously pressured the authorities, demanding that they catch the mastermind behind the scenes as soon as possible and help them recover their losses to give an account to the company's shareholders and the company's clients.
The investor side made a huge profit, but they could have earned even more; as a result, the high-quality stocks they had already bought were forcibly returned by the exchange, which made them appear even angrier than the securities firms.
After making a scene for a while, they didn't stop; they simply took advantage of the situation to rush into major stores and sweep them, which counted as slightly making up for their losses.
And those big players who originally earned the most were the ones who felt the most aggrieved and angry at this time.
They were originally the ones who profited the most from this chaos, but under the forced demands of certain people, the money they earned was all returned.
Not to mention that all their profits were wiped out, they even suffered quite a few losses instead.
The key was that their trading processes were all legal and compliant, and the profits were also deserved.
Under this intense grievance, these big players could no longer care about the power of the major securities firms; they directly sued the authorities and the major securities firms, demanding the return of their deserved profits.
And they poured out the series of unfair treatments they suffered on the internet, causing resonance and support from countless people.
For a time, the chaos in the stock market spread to every corner of life, causing more and more riots in Yingjiang Country.
Moreover, these disturbances caused great damage to the reputation of Yingjiang Country, especially the reputation of the Yingjiang Country stock market, making many capitals no longer trust the reputation of Yingjiang Country so much.
The exchange openly interfered with the investors' trades and forcibly returned the stocks that investors had already bought; this simply touched the bottom line of all investors.
Of course, these were all secretly manipulated by Su Xin; even if the high-level officials of the exchange were stupid, they couldn't possibly do such a thing, but no matter how they explained it afterwards, no one would believe them.
The seeds of distrust had already been sown.
This kind of distrust would not cause too much impact on Yingjiang Country in the short term.
But it ultimately buried hidden dangers for the Yingjiang Country stock market, just waiting for it to erupt one day in the future.
A mere few tens of billions of dollars is actually not a very big loss for the entire Yingjiang Country, but this money, in key places, is enough to leverage the situation and bring a lot of trouble to Yingjiang Country.
At that time.
After Su Xin was busy for more than an hour, he cleared all traces of the intrusion and stretched his back.
"Finally got it done!"
"Let you all suffer a little bit first."
A playful smile appeared on Su Xin's tired face.
After washing his face, he returned to the bedroom, took off his pajamas, and crawled into the quilt.
Liu Xuewei, who was in a deep sleep, mumbled a few words in a daze, turned over, and continued to sleep.
Su Xin moved over, hugged the fragrant body, and soon closed his eyes as well.
That night, Su Xin slept very sweetly.
It wasn't until he got up in the morning that he saw through international hot news what kind of impact his actions had brought to Yingjiang Country.
While eating soft and sweet fresh bread, he finished reading the report with a calm expression and casually closed the news interface.
Then he went out with Liu Xuewei.
The two separated in the residential complex parking lot, each got into their own car, and were escorted by their respective bodyguards to the company and the Laboratory respectively.
However, this time, Su Xin came to the Biology Laboratory, which was also located in the western suburbs, after a long time.
These days, the research and development of the Lithography Machine has temporarily hit a bottleneck, with no progress for over a week in a row, so he decided to clear his head.
The preparatory work for the Anti-cancer Drug that he had arranged for people to organize earlier is also nearly complete, so it is the perfect time to start the new project.
This is also a collaborative matter agreed upon by both sides after a secret talk with the people above a few days ago.
Anti-cancer Drug, as the name suggests, is a drug used to resist cancer.
Medically speaking, cancer is a malignant tumor originating from epithelial tissue and is the most common type of malignant tumor.
Conversely, malignant tumors not only include cancer but also sarcomas derived from mesenchymal tissue, as well as some malignant tumors of the blood system, such as lymphoma, leukemia, and so on.
However, people are accustomed to equating cancer with malignant tumors, grouping the two together.
Currently, there are more than one hundred types of Anti-cancer Drugs approved for market globally, and more than eight hundred types still under research but not yet approved for market, which shows the importance that countries and major medical institutions around the world attach to Anti-cancer Drugs.
The most common among these Anti-cancer Drugs are chemotherapy drugs, traditional Chinese medicine, biopharmaceuticals, and targeted drugs, among others.
Yet these drugs can basically only achieve the effect of inhibiting tumors; except for a very small number of lucky patients, the vast majority of people cannot be completely cured, and there are also various sequelae.
Coupled with the terrifyingly high prices.
And the agonizing treatment process.
It makes countless people turn pale at the mention of cancer.
What Su Xin wants to develop is naturally not just a mere drug to inhibit cancer, but a Cancer-killing Divine Medicine that can cure the disease upon administration.
However.
In terms of technical difficulty, the Cancer-killing Divine Medicine is much greater than the Lithography Machine; it is just that the latter involves knowledge that is too complex and numerous, requiring the cooperation of cutting-edge technologies from multiple industries to complete, which is why Su Xin has been unable to successfully develop it for so long.
And as for the Cancer-killing Divine Medicine, no institution in the world can achieve it.
End of Chapter
