Chapter 191: The Stock Market Crash

Long Country, Baohe City.

In a luxurious and spacious restaurant.

Su Xin and Liu Xuewei, along with his parents, were sitting in a spacious private room eating dinner.

"Little Xin, how come I see people online saying that Tianqi Group is about to meet its Waterloo?"

Zhang Chunhua looked at the news on her phone, unable to hide the worry on her face.

Su Zhengming gave a light reprimand: "Stop talking nonsense. Little Xin naturally has his own arrangements. Neither of us understands finance, so let's not just chime in."

After saying this, he looked at Su Xin again and said:

"However, Little Xin, we should take it easy if we can. A company and a country are not on the same level; you definitely won't win if you fight head-on. Just don't be too impulsive."

Liu Xuewei, who was to the side, also had a worried look on her face, but she did not say anything.

Seeing the expressions on their faces, Su Xin could not help but smile: "Don't worry, I have a sense of proportion."

This was not just to comfort them.

One must know that the methods Tianqi Group was currently using only involved selling off the stocks it held in major Sakura Country enterprises, and due to the rules limiting the number of shares per single transaction in the stock market, these stocks were far from being sold out.

The value of the stocks he held was as high as over a hundred billion; how could it be so easy to find a buyer?

Those so-called international capitals, even if they helped Sakura Country stabilize the stock market for various reasons, could at most bring out a few hundred million or over a billion in funds; only a sparse two or three financial consortiums could bring out several billion.

Although those large consortiums claimed to possess hundreds of billions or even trillions in capital, the vast majority were fixed assets and stock values.

Those that could truly and easily bring out over a billion in liquid funds were pitifully few.

To resist the offensive of Tianqi Group and take over the sell orders of up to a hundred billion in funds, the major capitals would have to continuously pull out funds.

And Tianqi Group.

In addition to these hundred billion worth of stocks.

The company account also had over a hundred billion in cash flow, as well as over sixty billion in the Financial Management Department account prepared for operations.

That was a total of two hundred billion in funds.

Besides this.

The major subsidiaries of Tianqi Group also had a total daily profit of over ten billion.

In Su Xin's view, this financial war would only have two outcomes—

Either Sakura Country would quickly fall, the stock market would crash, and it would fall into an economic crisis.

Or, with the help of various international capitals, it would evolve into a protracted global financial war with even further-reaching impacts.

The result would still be a miserable defeat for Sakura Country, and the major international capitals would also end up with serious losses.

With a continuous stream of funds, Su Xin did not feel there was any possibility of him failing.

Moreover, even if an unexpected situation really occurred, such as the majority of global capital besieging him, he still had a trump card to turn the tables.

Since that was the case, he was naturally fearless.

Even if he were clashing with Sakura Country and the major international capitals simultaneously, he was full of confidence.

"Let's all eat. Today, Mom and Dad's mall opened, and business seems very good. Everyone's evaluation of the mall in all aspects is also very good."

"This is a very good start."

Su Xin smiled and raised his wine glass, offering a toast to his parents: "Wishing Mom and Dad's business long-lasting prosperity!"

Seeing him change the subject, his parents did not say anything more, and they all raised their glasses; the topic gradually returned to Tianfu Mall.

Over the next few days.

The Sakura Country stock market continuously staged scenes of crazy selling and buying, with trading volume continuing to rise, leading to some stock prices actually rising slightly.

Although Tianqi Group's selling behavior did not deal a blow to the Sakura Country stock market, it did not suffer much loss itself either.

It looked like a harmonious scene where everyone was doing well.

As long as this continued, Tianqi Group's offensive would indeed, as many media outlets thought, be unable to stir up much of a splash.

However.

Starting from the fifth day.

Tianqi Group still maintained a daily sell-off of stocks worth over ten billion Long Coins, which made it so that the major international consortiums could no longer keep up.

The major consortiums had spent a total of fifty billion over these past few days, taking over a large amount of stocks and fixed assets from various industries in Sakura Country from the hands of Tianqi Group, which represented the major consortiums' optimism and support for Sakura Country.

But no matter how optimistic they were, there had to be a limit.

The major consortiums all had strict regulations on asset allocation and would never easily cross the line, let alone empty their coffers to fight Tianqi Group to the death.

And liquid funds were indeed limited.

Even for a large consortium, it was impossible to casually withdraw too much capital.

Consequently, upon sensing the pressure, the major consortiums held board meetings to discuss this operation.

"We don't know how many assets Tianqi Group still holds; we cannot keep dragging this out."

"But we have already joined this war. If we give up halfway like this, the Sakura Country stock market will crash, and these stocks and assets we have taken over will greatly depreciate."

"So what? We cannot keep dragging this out without limits. If we end up unable to hold on in the end, we will die along with Sakura Country."

"Tianqi Group is too rich; no one knows how many Sakura Country assets he still holds in his hands!"

"We cannot gamble with the survival of the company."

"If we had known Tianqi Group had such great determination and so many preparations, we shouldn't have rashly joined this financial war."

"At this point, there is no point in saying more."

"No matter how much we lose, we must remain calm. We should stop when we need to; losses are much better than bankruptcy and collapse."

"Since that's the case, let's set a limit. If Tianqi Group continues to act and exceeds our limit, then we will give up on taking over the sell orders."

"Not only that, to avoid too large a loss, while giving up on taking over the sell orders, we must also quietly sell off some of the less high-quality assets on hand."

"I just hope the other consortiums can hold on for a few more days, at least until we safely exit the scene."

The major financial groups discussed it one after another in this manner.

Capital has always been profit-driven.

Although the major financial groups agreed to step in and help Sakura Country deal with the attacks from Tianqi Group, they were mostly doing so to profit from the situation.

If they saw that they could not withstand the offensive from Tianqi Group, they would be the first to flee and join the ranks of those dumping assets, even if such behavior would exacerbate the collapse of the Sakura Country stock market.

And so.

Over the next few days, as Tianqi Group continued to dump ten billion in assets every day, the number of financial groups stepping in to take over the shares grew fewer and fewer.

They could no longer hold on.

On one side, Tianqi Group held hundreds of billions in assets, disregarding gains and losses, sparing no cost, and maintaining a resolute stance.

On the other side, the major financial groups not only lacked sufficient assets but also harbored their own ulterior motives; they had to answer to their respective boards of directors and dared not go all in, leaving themselves room to maneuver and prioritizing a conservative approach.

Under such circumstances, the major financial groups naturally could not be a match for Tianqi Group.

Moreover, while this financial war appeared on the surface to be Tianqi Group single-handedly taking on Sakura Country and the major financial groups, in reality, the strength of Sakura Country was entirely tied up by its domestic car companies, so Tianqi Group's actual opponents were only these financial groups.

And when these financial groups retreated one after another.

The Sakura Country stock market finally could not hold up, and the share prices of many stocks began to slide in a parabolic curve.

At the same time, these financial groups, thinking only of minimizing their own losses as much as possible, turned around and joined the ranks of those dumping assets.

This further exacerbated the collapse of the Sakura Country stock market.

However.

All of this was far from over.

The two hundred billion in liquid funds in Tianqi Group's account were finally ready for the attack.