Chapter 1047: 1047

As long as the field of vision above the earth is wide enough, it can capture the spectacular alternation of day and night and the movement of morning and dusk lines.

For the global capital market, the stock exchange and Futures Exchange in the East opened earlier than their counterparts in the West.

On Monday, October 19, before 8 o'clock, Ma Shiheng, chairman of Xiangjiang futures exchange, walked into the office in the building of Xiangjiang international trading center and picked up the fax at the first time.

Among the large stock markets worth mentioning around the world, stock exchanges have opened one after another.

Sydney market, located in the East Tenth District, seems to have no change;

The Tokyo market, located in Dongjiu District, fell moderately. However, with Japan's current economic strength, the stock market has a relatively independent climate. Whether it rises or falls is affected by external forces is far less than the inferior Xiangjiang market.

Ma Shiheng casually dialed the special telephone connected to Gaoyi. The call of "here at the office" from both ends of the line sounded almost at the same time.

"What about the impact of the hurricane in London?" While skillfully handling the routine work before the opening of Xiangjiang futures exchange, Ma Shiheng chatted with Ye Licheng.

"The hurricane has passed, and the London stock exchange can certainly open normally." Ye Licheng said, "Sir Gao should already be in London."

"Last Friday, affected by the US interest rate hike, the New York stock market fell significantly. Because the London stock market closed early, there was no time to make a specific response. I don't know what it will be like today?" Ma Shiheng raised his hand and touched the globe.

"According to Sir Gao, we should be careful. At least, those delayed deliveries should be handled today." Ye Licheng said here and sighed gently, "Xiangjiang is still insensitive to the changes of environmental factors in the international market. It doesn't take the angry interest rate hike of the United States after the monetary policies of Germany and the United States don't bite the string as one thing."

"Ma Sheng, over there in the trading hall, would you like to go there in person?" The assistant came to ask for instructions.

"Ye Sheng, first of all, if there is a new situation, please communicate in time." Ma Shiheng nodded and put down the phone.

……

Xiangjiang United stock exchange and Xiangjiang futures exchange, located in Dongba District, also opened the market. Immediately, the selling order appeared like an avalanche. In just 15 minutes, the Hang Seng Index, which didn't play enough, rushed up to 4000 points and fell more than 150 points. If it was more ferocious, it might be triggered, Gao Xian painstakingly persuaded Li Fuzhao to the trading cooling off period mechanism set for Xiangjiang United stock exchange.

After this sharp decline stopped for a while, another larger wave of selling came, especially those second - and third tier stocks, whose share prices fell in despair because there were few buyers.

When the market closed at noon, the Hang Seng index had fallen by more than 260 points. Many people were confused. Why did it fall?

If Sir Gao saw this scene for the first time, he could not help but burst foul language first and then sigh. How much he rose and how much he fell. He thought that after the Hang Seng Index reached 4000 points, how could the situation be stabilized? Now it seems that it is too wishful thinking!

Looking at the screen in the trading hall of Xiangjiang futures exchange, Ma Shiheng's back was sweating. The trading of Hang Seng Index Futures had been suspended once because it had fallen too hard. He felt that something bad was going to happen. The noon pause may make individuals under the herd effect feel that they are running slower.

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……

Xiangjiang market is not alone. Sydney market and Tokyo market, which opened first, fell sharply; At the same time, the xingjiapo market, which opened, also plummeted; After the opening of the London market in Europe, it was not spared; It's like a domino falling down.

In the New York market, which opened later, it fell so much that Federal Reserve Chairman Alan Greenspan was like a big stone on his chest.

Today, Greenspan has a very important agenda, that is, from the east coast of the United States to Dallas, Texas, in the south of the United States, to attend the annual meeting of the national Bankers Association and give a public speech. It takes about four hours to fly.

The convenience of communication in this period is certainly not as good as that in the era of mobile Internet. Even if there is cellular mobile communication like mobile phone, the signal range is limited. There are still disadvantages of insufficient security for dignitaries such as Federal Reserve Chairman Alan Greenspan.

Gaoxian uses both a cell phone and a short code language agreed in advance. The main purpose is to confirm that it is not possible to use a cell phone for important detailed communication.

So, once Greenspan gets on the plane, there will be a four hour news isolation period.

The markets in Tokyo, Xiangjiang and London plummeted as soon as they opened, Greenspan knew; As soon as Wall Street opened, the Dow Jones index fell 67 points, as Greenspan knew.

However, now that he is chairman of the Federal Reserve, he must have the ability to keep his breath unchanged. Greenspan is not nervous. He may be a dead friend rather than a poor one.

However, before boarding the plane, the latest news came, and the Dow Jones index fell another 200 points. After listening to it, Greenspan began to grow grass in his heart, with a faint foreboding. In particular, he also remembered the analysis of his previous communication with Sir Gao.

When the plane finally landed in Dallas, Greenspan, walking on the gangway, couldn't wait to ask the Fed officials who came to meet him, how was the market closing?

"Five hundred and eight!" The other party answered solemnly.

"Down?" Greenspan's pace paused. He knew too well what it meant. It was down more than 20% a day.

They all thought that after the correction of the stock market, the shadow like the great stock market disaster on Wall Street in 1929 dissipated. As a result, a more serious disaster fell from the sky a little dramatically.

Although middy played his capital perfectly, under the heavy blow, he still screamed repeatedly, and the officials of the White House were in a mess, because James Baker, the Secretary of Finance in the cabinet of the government, was not in the United States at this time and went on a business trip to Stockholm, Europe and Sweden, just like Sir Gao, President of Xiangjiang financial authority, who happened to be not in Xiangjiang at present, On a business trip to London.

As for President Reagan, I can only say, oh, it's not the end of the world

Greenspan knew that this was a test for himself. Next, at the annual meeting of the national Bankers Association, he had to adjust the content of his public speech first.

However, from the current experience, although the Federal Reserve holds the interest rate stick, it has limited effect on the stock market crash, at least not directly and immediately.

Greenspan naturally thought of Gao Xian, "I don't know how Sir Gao will face the situation over Xiangjiang next?"

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