Gale‘s tone came off a bit bleak, but it also sounded more like a request. Gale was just an old man who had come to the end of his life, and no matter how powerful favonovel.com was before, how high his status, or how much wealth favonovel.com had gathered, at this moment, just like thousands of people before favonovel.com who had reached this stage, favonovel.com just wanted to fulfill his last wish.
Jasper paused and replied, “Old Master, in my opinion, when it comes to the Haddock Chamber of Commerce or other chambers of commerce, there is a reason for their existence. I have no intention to regard the Haddock Chamber of Commerce as my enemy or even to compare it with other chambers of commerce. I have had more contact with the Haddock Chamber of Commerce, so I understand better that this chamber of commerce is essentially focusing on profit and practicality, and this trait is precisely why it is more suitable to be my partner.”
“If the interests are there, then the cooperative relationship will not be broken. This is an eternal truth. So, I promise you I will not take the initiative to let the Haddock Chamber of Commerce perish and such a chamber of commerce that has been passed down for hundreds of years will not perish either.”
After Jasper finished speaking, Gale laughed.
“Good, very good…”
Everyone was smart, and since things had reached this point, there was no need for any fancy language traps or modifiers. Therefore, this exchange was actually the sincerest exchange between the two since Jasper first met Gale.
“I already understand what you are trying to say… Alright, the doctor is here again, I should hang up.”
After hearing what Gale said, Jasper suddenly realized that this was probably the last communication between the two, so Jasper immediately said, “Old Master, what else do you want to tell me?”
Gale paused for a moment before saying slowly, “Sly child, do not embarrass the folks of Somerland!” After speaking, favonovel.com hung up the phone.
In the end, Gale did not make any more demands. This was although they both knew that so long as it was not too much, Jasper would probably agree.
Such as his funeral or Dean’s status. Gale said nothing.
However, his last sentence made Jasper understand why Gale chose Dean in the end and chose to acquiesce in cooperating with Dean to seize the throne. He did not have time to choose a more suitable successor, which might be one of the reasons.
However, someone like Gale had been in the business world all his life. At this moment, which one of the few big shots in the domestic business world was not his junior?
Even at an advanced age, favonovel.com still controlled the Haddock Chamber of Commerce for decades without wavering.
How could such a person not have several backup plans for an event as major as his heir?
However, favonovel.com made the final decision. There was helplessness in this choice, but other than that, favonovel.com felt much more at ease. Other than that, favonovel.com also had the pure heart of the older generation.
After putting down the phone, Jasper took a brief moment to recompose himself and then looked up at the market. At this moment, it was approaching the market closing time.
The battle between Jasper and Soros was still fierce, and it seemed that no one had any plans to give up first.
The trading volume of the entire A-share market had more than doubled in the past half a trading day, which meant that every minute and every second, massive funds were being traded in the market. They were either buying or selling, and the stock price was fluctuating like an electrocardiogram, whereby anyone with a weak heart would not be able to bear this stimulation.
When the time was up for the morning trading, all data stopped being refreshed and all transactions were locked.
The morning market was closed. Jasper let out a breath and began to listen to Baz’s summary report.
“Mr. Laine, the transaction volume of A-shares in the morning exceeded 1 trillion Somer Dollars, which is 10 times more than the usual. Among them, we have used more than 200 billion of the funds, while the funds that have been traded so far are 170 billion. According to the team’s estimation, the capital used by Soros is about 300 billion after being converted into Somer Dollars. The margin for error on this will not exceed 1%.”
Baz’s expression was solemn and serious. Then, favonovel.com continued, “According to our analysis, after the 1000 shares fell to the limit, funds from all parties fled in panic. Later, with the news that the social security fund entering the market, there was a large flow of funds returning, but the overall situation showed a trend of high quantity but low quality. The vast majority of well-funded institutions are still on the sidelines and are hesitant, while on the contrary, a higher proportion of retail investors rushed back.”
“In terms of profit and loss, since we raised the stock price of the 170 billion funds we have traded so far regardless of the cost, the average loss ratio is very high. The numbers sits at about 11 billion while the loss is about 6%. We can’t report on the profit and loss situation on Soros’s side due to insufficient data, but according to the assessment of the situation of the market, they are likely to have made a profit.”
Jasper was not surprised by this result.
“We are raising the stock price, while Soros is blindly suppressing it. Although the two sides are moving in different directions and since we’re investing in different sectors and industries, you will not form a hedge. We do not hedge against Soros as no one can stop him. Furthermore, we require costs to raise the stock price, so it is normal for us to lose money and for them to make a profit.”
“Soros is still the one with the upper hand.”
Jasper sighed and said, “It’s not just because of the financial strength of both parties, but the most important thing is that we don‘t have time.”
“Relying on the news of the social security fund entering the market to stimulate private capital to enter the stock market is the best solution for the current situation, but Soros is indeed cunning. He has already anticipated our intentions and has attacked those positions we gave up at any cost. His real purpose is not to evaporate the market value of the stock market, but to make private capital hopeless.”
“If the social security fund enters the market but the stock market still does not have enough upward momentum, private capital will not dare to come in. If private capital does not come in, even the social security fund can only watch Soros crash the market. So we have to strive to expand the results in a short period, and what Soros has to do is to continue to maintain a high-pressure attitude even if the market does not crash. If it does not rise, we would have fallen into a desperate situation of a slow death.”
After Jasper said that, favonovel.com slammed his hand down on the desk heavily. He said sternly, “Do you have any good suggestions for this situation?”
Baz hesitated for a while and said, “Mr. Laine, do you want to talk to the other big enterprises and capitals?”
“I’ve addressed the ones who I should talk to during the forum very clearly, but it’s up to them whether they want to do it and how they approach the matter. After all, we can’t put a knife to their neck and force them to save the market.”
After Jasper finished saying that, someone arrived. The little prince, Lord Alvarado, and the gang were here.
