Chapter 190: All Parties Enter the Game

The financial tycoon Ross, back in the day, was able to cause the collapse of several national currencies and trigger a financial crisis across the entire Southeast Prefecture by relying on ten billion Eagle Dollars—that is, tens of billions of Long Coins—in capital.

Aside from his own capital and ability, the most important factor was his judgment of the economic trends and market loopholes of various countries, thereby leveraging the situation.

And now.

Tianqi Group's capital is several times higher than Ross's, and it also possesses a top-tier financial team.

Perhaps the strategic vision and ability of this financial team are far inferior to Ross's team, unable to accurately judge the international situation to attack a country's financial system.

However.

Tianqi Group cannot leverage the situation.

But it can create the situation.

Given Sakura Country's economic strength and foundation, Tianqi Group's more than 200 billion in capital might bring about significant trouble, but relying on this alone, at most, it could only result in a lose-lose situation.

And it would not be a fatal blow.

But with the card that is Thor Battery, the situation is completely different.

Due to the several announcements released by Tianqi Group last night, global capital does not favor Sakura Country's car companies, and consequently, does not favor any companies related to Sakura Country's automotive supply chain.

The claims of Sakura Country's experts can fool the people of Sakura Country, but they cannot fool capital.

With Thor Battery's superior performance far exceeding others and its unique market position, it is destined that all cars at this stage cannot do without it.

If Sakura Country wants to completely ban Thor Battery from entering the Sakura Country market to let all car companies return to the same starting line, that is equivalent to a country, because it cannot compete with others when everyone else is developing airplanes and missiles, simply letting all domestic enterprises return to the cold weapon era.

It can only deceive itself.

While various enterprises fight fiercely domestically, they will lose competitiveness in the international market forever, and there will no longer be any possibility of catching up.

In the eyes of major capital, this behavior by Sakura Country is simply cutting itself off from the international automotive supply chain and completely destroying its own automotive industry!

Consequently.

As soon as the Sakura Country stock market opened, major capital frantically sold off Sakura Country automotive industry stocks.

Including the vast majority of local Sakura Country retail investors, although they shouted fiercely, when faced with their actual interests, they all chose to express their stance through actual actions—scrambling to sell off stocks of major car companies and related enterprises.

This led to a frantic plunge in Sakura Country automotive stocks, to the point where even the authorities were somewhat reluctant to step in and buy.

After all, stocks in other industries can recover stability after being bought, but automotive industry stocks, under such major negative news, would be stuck in one's hands if bought; no one dared to want them.

Yet, the automotive industry accounts for too high a proportion of Sakura Country's GDP and has too great an impact, so the authorities had to withdraw most of their funds to step in.

Otherwise.

Once the automotive industry completely collapses, the impact will be far greater than that caused by the sudden emergence of Thor Battery, and for the entire Sakura Country, it would be an unbearable loss.

Therefore, while the Sakura Country authorities stepped in to buy, they announced a series of measures to support the automotive industry, attempting to stabilize everyone's confidence.

But it was completely useless.

International and domestic capital, as well as Sakura Country's retail investors, still sold off desperately.

Although not intentional, under the current situation, these capitals are also equivalent to passively cooperating with Su Xin to attack the Sakura Country stock market.

These scattered capitals, large or small, add up to over 100 billion.

More importantly, the collapse of automotive industry stocks has led many to believe that this will trigger a chain reaction in Sakura Country's economy, and major capital is bearish on Sakura Country's subsequent economic development.

This is the situation created by Tianqi Group.

Superimposed on this is Tianqi Group's attack of selling off massive amounts of stocks across all industries regardless of the cost.

A two-pronged approach.

This caused stocks led by the automotive industry to plummet, and coupled with the slight decline of other stocks, it made the Sakura Country stock market almost entirely green.

Under such circumstances, no retail investor dares to say they have confidence in the authorities, let alone dare to step in to buy any stock.

If it weren't for the public statements from Sakura Country's upper echelons and various measures to provide a floor, the stock market would likely have collapsed directly before noon.

And even if the situation is barely stabilized now, it only prevents the financial market from collapsing rapidly; no one can stop the downward momentum.

The morning hadn't even passed.

Sakura Country discovered it could no longer hold on.

……

The turmoil in the Sakura Country stock market soon attracted global attention.

Multiple countries, including Yingjiang Country, expressed their views on this, urging Sakura Country to respond to the attack on Su Xin as soon as possible, and also hoping that Su Xin would not let personal grievances affect the fairness of commercial cooperation.

At the same time, Sakura Country maneuvered in many ways and promised various benefits, wanting to invite some internationally renowned capital to enter the game to help stabilize the Sakura Country stock market.

Since they are asking others for help to resist the crisis, naturally, they can only leave the hardest bones for themselves and let others do the easy work.

In the current Sakura Country, the biggest crisis is the turmoil in the automotive industry, which is being handled by the Sakura Country authorities and Sakura Country's various car companies.

Financial attacks from Tianqi Group on other industries are being handled by major international capital.

For these capitals, no matter how much Sakura Country declines, the market potential is still there, and the assets sold off in large quantities by Tianqi Group are not bad assets like those in the automotive industry; buying them might even allow them to earn some profit.

Why not do it?

Under such a coalition, Sakura Country can use more capital to resist the crisis in the automotive industry; although automotive industry stocks are still on a downward trend, the decline has leveled off much more.

Stocks in other industries, under the buying of various capitals, also slowly leveled off, and some even slowly returned to their opening prices.

A financial war initiated by Tianqi Group calmed down before long.

And behind the seemingly stable situation.

Sakura Country invested a large amount of funds to stabilize the automotive industry, inevitably sinking deeper and deeper.

At the same time, it also dragged more international capital into it, making the scope of this financial war deeper and wider.

……

On this day, January 9th.

From the sudden emergence of massive sell orders when the Sakura Country stock market opened in the morning, causing stock prices to plummet, to various capitals entering the market to buy in the afternoon, which led retail investors to also follow suit and buy, causing stock prices to stabilize.

The stock prices were like riding a roller coaster.

The powerful offensive of Tianqi Group was easily rendered invisible under the resistance of multiple parties combined.

The rapid and effective resistance of Sakura Country was also praised by all major media outlets in Sakura Country.

At the same time, many media outlets frantically mocked the financial attack behavior of Tianqi Group for overestimating its own strength.

Many media outlets overseas also vied to report on it.

Including many media outlets in Long Country, they also believed that the attack behavior of Tianqi Group was too reckless, and Su Xin would very likely encounter a Waterloo in his life in the financial market of Sakura Country.

After all, financial warfare is not something that is fun to play with; it is true that Su Xin has money, but launching a financial attack rashly, and being blocked by so many capitals joining forces, the attack would inevitably suffer a setback.

And once the attack suffers a setback, one must endure the backlash.