They are all reborn, and the grandson is still a spare tire

Chapter 569 Interview with Time Magazine

As Yao Yuan expected, before the U.S. stock market opened that night, a big thunder broke out.

But what is surprising is that it was not the US financial market that broke the big news, but the Bank of England on the other side of the Atlantic.

The Bank of England released an investigative report that frightened everyone and directly shocked the entire international financial community.

In this report, the Bank of England makes public disclosures.

As of now, the scale of global subprime mortgage bonds is between US$700 and US$800 billion, and the problem does not seem to be very serious.

However, the size of the global financial derivatives market is as high as 415 trillion US dollars, which is eight to ten times the global GDP.

A large part of the $415 trillion in financial derivatives is closely related to subprime loans.

When subprime mortgage assets turn into toxic assets on a large scale, these hundreds of billions of dollars in financial derivatives become a powerful atomic bomb that is about to explode.

More importantly, the fuse of this atomic bomb has been ignited and will explode soon.

In other words, a financial tsunami sweeping the world has quickly formed and is sweeping over.

As soon as this report was released, it immediately caused a commotion in the international financial market.

Although some financial institutions on Wall Street responded quickly.

It is said that the Bank of England has seriously exaggerated. The subprime mortgage crisis has been brought under control and the damage caused by it is slowly being repaired.

However, the international financial market slapped Wall Street hard.

As soon as the Bank of England report was released, European and American financial markets immediately began to fall rapidly.

Naturally, the biggest decliners were financial institutions mired in subprime mortgage bonds.

Countless listed companies in other industries were not spared, and their stocks began to fall, but not by much.

Even the international commodity trading market has been affected, and the prices of almost all commodities have begun to plummet.

But this is just the beginning, more exciting drama is yet to come.

In just two days, there was another rumble of thunder in the financial markets of the United States.

Freddie Mac and Fannie Mae successively issued announcements announcing that the country's property market indicators have deteriorated across the board.

Immediately afterwards, S&P issued an announcement.

It was announced that the S&P National Home Price Index fell sharply, creating the largest single-quarter decline in the index's 21-year history.

In addition, many financial institutions have declared bankruptcy, and many real estate companies have gone bankrupt one after another.

With this series of thunders, the entire international financial market was completely blown up. There was wailing everywhere, and countless investors went bankrupt overnight.

The secret operations team and Jiuye Investment Group, which had been prepared for a long time, took this opportunity to madly sweep away wealth.

In just three or four days, Jiuye Investment Group has made more than 20 billion US dollars.

As for the secret operations team, the investment profits are even more astonishing.

In the blink of an eye, it was already Thursday morning.

Just after nine o'clock, Yao Yuan arrived at the company.

Seeing him coming, Li Shan immediately greeted him.

Coming closer, she whispered excitedly:

"Good morning, Mr. Yao, Time Magazine just called and they want to do an exclusive interview with you."

"If you agree, the editor-in-chief of Time Magazine will personally come to Hong Kong Island for an interview and use you as the cover character of the next issue of Time Magazine"

Yao Yuan was stunned for a moment, then smiled and shook his head.

“I have to return to Beijing in two days to attend the National Economic Work Conference and I don’t have time to accept an exclusive interview with Time Magazine.”

"I have to admit, being on the cover of Time Magazine is a very publicity thing, but I don't want to be in the limelight."

"Our group has already gained enough limelight during this period. There is no need to add icing on the cake, just keep silent and make a fortune."

"If the other party calls again, tell those guys that I am very busy now and will discuss the interview later."

After saying that, he walked towards the office door.

"Okay, Mr. Yao"

Li Shan nodded and followed Yao Yuan into the office.

After entering, she continued her report.

"One more thing, the New York Times called again and wants to invite you to New York to attend the annual economic conference to be held at the end of next month."

"And you are invited to deliver a speech at the annual meeting to analyze the current global economic situation and international financial market conditions."

"At the same time, looking forward to the global economic development in 2008, do you plan to accept this invitation from the New York Times?"

Before he finished speaking, a sneer flashed across Yao Yuan's face.

The next moment, he said disdainfully:

"If I'm not mistaken, the people who asked the New York Times to issue this invitation were probably the financial giants on Wall Street."

"As long as I accept the invitation and fly to New York to attend this annual economic conference, whether I can come back safely is a question."

"In the field of science and technology, this kind of thing has happened many times, but rarely in the economic field, but we must guard against it."

"New York is the territory of the financial giants on Wall Street. They have many ways to force me to stay in New York and force me to submit."

"But since the other party has extended an invitation, it would not be appropriate for us to reject it directly. I will send Mr. Zhou to attend this annual economic meeting."

"On behalf of me and Jiuye Investment Group, I gave a speech at the annual economic meeting. I believe those guys on Wall Street have nothing to say."

"what!"

Li Shan shouted softly and was startled.

Next, Yao Yuan said a few more words, and then changed the subject.

"Sister Shan, go and get ready. At ten o'clock, Mr. Ren of the Hong Kong Monetary Authority and Chairman of the Hong Kong Stock Exchange will come to the company to discuss investing in Hong Kong stocks."

"The meeting will be held in Conference Room No. 1, and President Zhou will be notified and asked to take someone downstairs to meet him, and then we will participate in the meeting together."

After the words fell, Li Shan immediately nodded and responded:

"Okay, Mr. Yao, I will inform Mr. Zhou later."

Then she reported a few more things and just left the office.

After a while, Gao Huan and the others completed the safety inspection.

After confirming that there was no problem, they turned and left the office.

Yao Yuan turned on his computer and began to check the situation of the international financial market.

At this time, Asia-Pacific stock markets have basically opened.

The situation on the market is terrible, with stock markets in various countries falling continuously, including the Big A and Hong Kong stocks.

Unlike some time ago, almost all stocks have now entered a downward channel, not just financial stocks.

For Yao Yuan, this is undoubtedly what he wants to see most.

While he was busy, the cell phone beside him suddenly rang.

The call was from Superboy.

Yao Yuan picked up the phone and took a look at Laixian, and couldn't help but be a little surprised.

The next moment, he pressed the answer button and started to answer the call.

"Good morning, Li Sheng, long time no see"

As soon as the words fell, Superboy's voice came.

"Hello, Yao Sheng, long time no see"

After greeting him politely, Superboy quickly got to the point.

"Yao Sheng, I wonder if you have time in the morning? I want to visit the Bank of China Tower."

"I have a few questions to ask. By the way, I can also talk about Jiuye Investment's acquisition of PCCW's equity."

Hearing this, Yao Yuan's eyes suddenly filled with joy.

Over the past few months, he has been trying to get some of PCCW's shares, but Superboy has never let go.

Seeing this situation, he did not force it, let alone buy PCCW shares from the stock market.

What he didn't expect was that Superboy actually let go at this time.

I was ready to accept his investment in PCCW, but I didn’t know what was going on.

But no matter what happened, it was impossible for Yao Yuan not to accept this olive branch.

The next moment, he smiled and said:

"That couldn't be better, Li Sheng. I very much welcome you to Jiuye Investment Group as a guest."

"At ten o'clock in the morning, I will meet with Mr. Yam of the Hong Kong Monetary Authority and the Chairman of the Hong Kong Stock Exchange to discuss the financial market situation."

"How about we meet at noon, have lunch together, and talk about something by the way."

Before he finished speaking, Superboy continued excitedly:

"Mr. Ren and the others are going to Jiuye Investment to discuss the situation of the international financial market. That would be great."

"The thing I want to ask for advice is also related to the international financial market. I wonder if I can go there early and talk to Mr. Ren and the others?"

Yao Yuan was stunned for a moment, then smiled and nodded:

"Of course, no problem, you can participate in this meeting."