470. I'm going bankrupt and go out of business!

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Thinking about it, she hurriedly got up and ran back, she thought of one thing, her mother should have also received the last email from her father.

She wondered if her father had left any information behind!

A few minutes later, she ran back to her small cottage on the banks of the Thames.

"Mommy, Mommy!"

Chiyuki ran into her mother's room and shouted in a low voice

"Qianxue, you haven't rested so late?" Nami raised her body slightly, sighed and said

"What's wrong with you?

"Mom, did Dad leave any information for you?" asked Qianxue

"What's wrong with you? Why are you asking this? We will stay in England from now on, and never go back to Dongying! Where is it not safe!" Nami said with a sad face, every time her daughter mentioned her deceased husband, she had to correct her heart once.

"Qianxue, don't ask so much, your father also wants us to live a good life! Why did you start studying finance recently? Do you want to follow your father's path?" asked Nami with a slightly heavy face

"Mom, I know, but I'm just trying to figure out something, Dad can't die in vain! Mom, just tell me, I'll know one day!" Qianxue said crying

Nami pondered for a moment, then touched Chiyuki's head and held her in her arms.

"Qianxue, when you go out in the future, remember to put on your makeup, every time you go out like this, your mother is worried that there are bad people who are worried about you!"

After a long time, the foreign exchange market was suspended, ending the black day, which means that Black Friday is finally over, but its serious consequences have just begun.

In Kuala Lumpur, Malaysia, in a luxury building, the two ** members looked at the USD/JPY in a daze, and finally stopped at the position.

The previous five hours of mental torture had made them listless at the moment, dejected, haggard, and terrified in their hearts

They knew that starting tomorrow, their two companies would face violent storms, earthquakes and tsunamis. Whether the company can survive this time is a question!

This time USD/JPY plunged by more than 600 points, reaching as low as 99.500.

All their positions were forcibly liquidated by the major banks in Malaysia, a total of 8 million long positions on USD/JPY, all of which were flattened.

When USD/JPY was still in position, the NIC's account was already negative at $5.75 billion, and with the addition of $1 billion borrowed from banks, it was $6.75 billion in external debt. At that time, they still held a long position of 3 million contracts on USD/JPY, which was not closed.

Then at the moment when the US non-farm payrolls data came out, USD/JPY continued to plummet, falling by more than 350 points, to a minimum of 99.500, and the long positions of 3 million lots of USD/JPY in their accounts were liquidated all the way. The average closing position is around the position. After counting the loss of 300 points again, 3 million positions, and another loss of 9 billion US dollars, the current negative value of their account with the Malaysian National Investment Corporation is 14.75 billion US dollars, counting the 1 billion US dollars borrowed from the bank, the total debt is 15.75 billion US dollars!

"We still have $74.5 billion in assets at a valuation, but now we have to cash out nearly $16 billion in cash to pay off our debts!!" said a panicked young trader, his face full of sadness, thinking that if there is no one to take over their assets at a high price, then they will sell so many assets at a high price, I don't know if it will cause a local asset collapse in Malaysia!

"If the stock price of our listed companies plummets again, our $74.5 billion in assets may shrink, and when we sell these assets again, it will cause panic, and the asset prices will plummet even more, and even if we sell all our assets, it would be good to get $20 billion in cash, and we may not even be able to exchange $20 billion in cash!" said another middle-aged trader, worried.

If the assets plummet, then it will be very serious, and there will be very little cash that can be exchanged at that time!

"Alas, this time it's bad!"

"If you're really worried, you'll come here!"

"Yes, whatever you are worried about, it will come!"

"I was worried that the non-farm payrolls data would be bad, but I didn't expect it to be that bad!"

"This Murphy's Law is terrible!"

The traders are in a trance at the moment! They are extremely worried about the future fate of the company!

"Sell our assets as much as we can! The banks won't give us that much time! When the time comes, our assets will still be auctioned by the banks! It's better for us to sell them ourselves than to be auctioned by the banks!" said an interim head of the National Investment Corporation of Malaysia.

At this moment, a group of people from the Malaysian Corporate Pension Fund opposite are also dead, full of fear and worry about the future

Their Malaysian corporate pension fund is much worse than the Malaysian National Investment Corporation, which is simply miserable.

Previously, USD/JPY fell into position, and their long position of 4 million contracts on USD/JPY held by their Malaysian private corporate pension fund was only closed by 100,000 lots during the crash! The average closing position of 100,000 lots was in position, because there was no buying in the market to take over their sell-off, and they were still holding a long position of 3.9 million contracts on USD/JPY, when their account was negative at almost $8 billion.

Combined with the $1 billion borrowed from the bank, it is calculated as a foreign debt of $9 billion. At that time, they still held a long position of 3.9 million contracts on USD/JPY, which was not closed.

In Malaysia, banks have liquidated their positions behind those of the National Investment Corporation of Malaysia. So they are more unlucky.

The 3.9 million lots of long positions on USD/JPY were closed below the average position of the position, around 99.920, which is a full 33 pips lower than the average position of the National Investment Corporation of Malaysia. They lost another $13 billion. In total, the account of their Malaysian private enterprise pension fund is already negative at $21 billion, and the total debt is $22 billion, including the previous borrowing bank's $1 billion.

Their assets at the moment are also more than 70 billion US dollars, and if they sell their assets to pay off their debts, it is still unknown whether they can make up 22 billion US dollars, in short, they are completely bankrupt.

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