Chapter 917 - Crazy News
Mitsubishi Group's shares have fallen for three consecutive days, creating the largest decline since the establishment of the Mitsubishi Group, the key is that this downward trend is still extending infinitely, in the end when is a head, no one has a bottom in their hearts, in this case, it is impossible not to panic, even some decision-makers of the Mitsubishi Group are also panicking, fortunately at this time there is news in Japan, no matter what, the Japanese government will also save the market, to ensure that the Mitsubishi Group does not fall into the hands of people with ulterior motives. The high-level meeting of the Mitsubishi Group was held, and the high-level meeting was not actually presided over by the Mitsubishi Group, but by a high-level government official, and the meeting was also attended by representatives of Mitsui and Sumitomo.
After consultations and discussions, the Mitsubishi Group, Mitsui and Sumitomo strengthened cooperation, and Sumitomo's financial services and Mitsui Bank will inject capital into Mitsubishi at the request of the Mitsubishi Group and provide Mitsubishi with unconditional loans. Immediately after the meeting, the Mitsubishi Group held a press conference on which the decision of the meeting was announced. On the surface, this is the cooperation between the Mitsubishi Group, Mitsui and Sumitomo, but secretly, outsiders have no way of knowing how these three carry out strategic cooperation. One thing is certain, however, that the Japanese have always had great ambitions and will not survive this stock market disaster just to survive this stock market disaster.
The day after the Mitsubishi Group's press conference, Japan invited China to pay a state visit to discuss how to strengthen economic and trade cooperation between the two countries and enhance the strategic cooperative partnership between the two countries. Stimulated by the news of the two, several stocks of Mitsubishi Group have adjusted the market, showing a scene of bottoming out. Investors in the Tokyo stock market have finally regained some confidence, which has also spurred a recovery in some other stocks.
When the people's hearts returned, it was naturally impossible for the stock market to collapse, and everything was moving in the direction of the Japanese's favor. Taking advantage of this critical moment, Mitsubishi Group once again reported good news to the media that Mitsubishi Group and South Korea's Samsung Group will strengthen cooperation, and the two will work closely together in the fields of electronics and services.
However, just when Japanese shareholders were happy that the Mitsubishi Group could stabilize and the Japanese stock market recovered, there was a major event on the other side of the ocean, and Brazil's Vale Group, one of the world's three major iron ore giants, suddenly issued a communiqué that the company had recently begun to implement a new trade policy, and would be more flexible in the way iron ore prices were set and sold. The company is ready for the first round of iron ore price increases. Following Vale, the world's other two iron ore giants, Lip Tinto and BHP Billiton, have issued similar communiqués. In contrast to this, the stocks of the three giants have all risen, and they have risen quite a bit.
The increase in the price of iron ore is naturally a big bad thing for Japan, a country lacking mineral resources, and the Mitsubishi Group, Sumitomo and Mitsui have all been affected to varying degrees. It's just that the impact isn't huge. If this is the end of the matter, the impact on Mitsubishi Group is negligible when the three iron ore giants all announce price increases. But it's not that simple. Because the timing of the announcement of the price increase of the three iron ore giants is too sensitive, everyone knows that it is a turbulent period for the Japanese stock market, and the three giants raise prices at this time, which cannot but make people wonder, what is the conspiracy behind the price increase?
In the office of Lin Jinhong, secretary of the Jiazhou Municipal Party Committee of Sichuan Province, Lin Jinhong was talking to Shen Yuan on the phone, Shen Yuan was still in Hong Kong, although she had nothing to do, she was still in Hong Kong. "Things are really getting more and more interesting, I didn't expect the whole world to dance with your grandfather, and now the three major iron ore giants have been involved, I really don't know who else will be next!" Shen Yuanjiao on the other end of the phone laughed. She still has a thorough understanding of part of this matter, of course, she can't understand the ins and outs of the whole thing, let alone her, even Lin Guodong, who has been following Old Man Lin, hasn't figured out this matter yet.
"The three iron ore giants are their own initiative to jump down, now everyone wants to bite a bite, Japan is the world's second largest economy, Japan will never allow to watch Mitsubishi fall, so the support is also certain, so it is equivalent to some consortiums united with Japan, the second largest economy in the world to collide, casually exposed, can make people blush. The three iron ore giants don't want to take advantage of this opportunity, and that's what is weird. ”
"Do you think that whether the Mitsubishi Group can succeed in the end this time and go against the financial resources of the entire Japanese country seems to be too difficult!" Shen Yuan's words faintly revealed some worries.
Lin Jinhong smiled, "At the beginning of the Southeast Asian economic crisis, the capital predators led by Soros were not just against a country, this is not a myth. Japan is not an invincible myth, and the capital owned by the Mitsubishi Group this time is not comparable to that of Soros at that time. Let's see, if the top level of the Japanese government can keep a sober mind and resolutely abandon the Mitsubishi Group, it will not break its muscles and bones, otherwise Japan will face an even greater crisis, and it will not be able to recover at all in 10 or 20 years. ”
Lin Jinhong didn't say one thing, what he just said was based on the premise that everything went well, and he already said that his grandfather was in good health. What he is worried about now is what will happen to his grandfather, and once something happens to his grandfather, sniping at the Mitsubishi Group is likely to be a flash in the pan, and it will eventually be a dream. And the Lin Fund will also suffer hard.
"Do you really have that much faith? Not specifically to comfort me! Shen Yuan still asked in disbelief.
"Look at it! The Japanese are now probably angry, and they will also realize at this moment that the crisis has arrived. Lin Jinhong said leisurely. He chatted with Shen Yuan again, and then hung up the phone. Getting up and moving slightly, he returned to his desk, burying his head in reviewing the papers. Preliminary preparations have been made for the renovation of the old city in Dongcheng District. These days, Tang Shangyi has come to report to him a lot less. It's just that Tang Shangyi feels spiritless when he talks and walks, giving people a rather decadent feeling. But Jing Shicheng ran Lin Jinhong's office more and more times, and it stands to reason that a director of the Standing Committee of the National People's Congress really has nothing to do to run to Lin Jinhong's office every day.
April 1st, is the April Fool's Day in the West, the world economy on this day staged a fool's scene, the world's top 500 enterprises, Hong Kong Lin Group suddenly broke the news, Lin Group will inject capital into one of the world's three major iron ore giants of Brazil Vale Group, become the largest shareholder of Brazil Vale Group. This was later confirmed by the Brazilian group Vale.
The world suddenly went crazy, and people didn't know whether to believe this news or not, after all, today is April Fool's Day, but it is impossible for such a large group to be foolish with such news.