Vienna's bonds and stock markets plummeted one after another, with the complete paralysis of credit and the suspension of securities trading. Panic quickly spread to various countries, including Dunlun, Paris, Frankfurt, Amsterdam and other European financial centers, and a new round of financial crisis broke out in Europe.

The Qing Empire, far away in the east, was also affected. The stock markets in Guangzhou and Shanghai also fell sharply, with market panic and panic. Fortunately, after a large-scale selling and suppression of Yuanqi, the stock market experienced several repeated fluctuations, and the stock index was no longer high. Therefore, although the decline was not small, it was much better than the stock markets of European countries.

The stock market fell sharply, and the trend would continue to fall sharply. In addition, the stock market situation in Western countries was even worse. As the shopkeeper of the stock exchange, Huo Qizheng naturally couldn't sit still and rushed to see Yi Zhizu.

"Compared with Western countries, my country's stock market decline is not large, but if you let it go, it is very likely to plummet." Huo Qizheng said carefully: "The situation in my country is different from that in the West. There are no problems in both finance and economy. My subordinates personally think that the stock market should not continue to fall. In addition, we should also control a certain number of stocks..."

His meaning is very clear, support the market! Yuanqi sold a large number of stocks before, and was not short of funds. He should be taken back at this time. However, he also knew that Yi Zhishi's purpose of suppressing the stock market last year was to clearly state the support.

Yi Zhizu smiled and reached out to let the tea. After taking a few sips of tea slowly, he said: "Yuanqi must control a certain amount of stocks in his hands, otherwise he will not be able to make effective adjustments to the stock market. However, it is not the time yet."

After hearing this, Huo Qizheng hesitated: "If a plunge occurs, it may have an impact on the economy."

"Now the stock index has only fallen to 20%. "Yi Zhizu said slowly: "Stop 30%, once the stock index falls to 30%, you will hold the market."

Shanghai, the stock market trading hall, the stock market plummeted, and the trading hall was also crowded. However, most people looked anxious, watching the stock index fall and the stocks at hand depreciate continuously, a group of investors wrote all their anxiety on their faces, discussing the stock market in groups.

In a great victory in South Africa, the Qing Dynasty completely gained its foothold in South Africa. Yuanqi monopolized South Africa's gold mining rights, and the stock market experienced a considerable increase. The five-year plan was launched, and the stimulus of 400 million silver dollars pushed the stock market to a peak. Then Yuanqi suppressed the stock price and the stock index rebounded and consolidated.

Western countries have issued warnings about financial crises, and there are also reports in the securities newspapers, but not many people care. The Qing Dynasty is not the Western Bank, and Yuanqi Bank is not the Western Bank. It has been founded for more than 30 years and has experienced many ups and downs. When has it not been safe and sound? When has it not been setbacks and stronger?

Moreover, it is not uncommon for Western countries to experience financial crises and economic crises. They will happen every ten or eight years later. When did the Qing Dynasty be greatly affected? Which time did not suppress first and then rise?

Besides, the Qing Dynasty today is the icing on the cake, and the fire is cooked with oil. Even the Kangxi and Qianlong eras cannot be compared with the present. Many investors believe that the stock market will rise again after consolidation.

No one expected that the scale of the financial crisis in Western countries would be so large. It seemed that the entire West was trapped in. Many people began to panic, worried about being affected by the impact of the West, and sold their stocks.

However, after the stock index fell by 20%, many people began to hesitate again. The reason is very simple. The Qing Dynasty was not the Western Conference. After the stock market plummeted, Yuanqi would pallet rescue the market. At present, there was no financial crisis in the Qing Dynasty. Yuanqi was even more at the peak of the sky. Once Yuanqi pallet rescued the market, it would inevitably rebound quickly. This situation has been experienced by investors many times.

"Have you stopped falling and stabilized?" Huo Zhengqi looked at the data presented in surprise. The selling orders shrank significantly, and the selling price basically stabilized and no longer fell. There were actually a small number of buying orders.

"At the current price, there has been a general mentality of reluctance to sell." Song Mingli, the fourth shopkeeper who is always paying attention to the trends of the trading hall, explained with relief: "The most important thing is the expectation of Yuanqi pallet rescue. After all, there is no financial crisis in our country. South Africa's gold mines, which cost 400 million yuan, have made many people full of hope for the later trend."

With the data released by the Securities News, stock market confidence quickly recovered. In the following days, the stock market not only stopped falling and stabilized, but also rebounded slightly.

After seeing the situation in Zhejiang-1st, European countries were surprised and envious. It was obvious that the Qing Dynasty seemed to have once again escaped the impact of a financial crisis. Many people began to pay attention to studying the Qing Dynasty's stock market and economy. The performance of the Qing Dynasty was really eye-catching.

Compared with the Qing Dynasty, the stock markets of European countries are still bleak and slumped. Many people have already felt that a new round of economic crisis may come early. All economic crises almost all start from finance, stock market collapse, banks collapse, then enterprises go bankrupt, factories go bankrupt, and a large number of workers are unemployed.

After the Vienna Exchange crisis, the situation in the United States was even more serious than that in Europe. While cutting off the source of European funds, a large amount of European funds began to withdraw. European investors who attempted to share the fruits of American economic prosperity through bonds and stocks cut their losses and left the market. Wall Street stock market plummeted one after another, and many railway companies' stocks fell by more than 30% and even saw their stock prices halved.

Many securities trading companies with small funds went bankrupt one after another, and lasted until September. One of the most wealthy banks in the United States, Jay Cook Financial, which owns a large number of railway company stocks, announced bankruptcy. Immediately afterwards, State Trust, United Trust and several large banks announced bankruptcy.

Wall Street seemed to usher in a cold winter ahead of schedule. The New York Stock Exchange closed down for ten days for the first time. The surviving banks raised the discount rate to 9%, and the business of banknotes to exchange precious metal currencies temporarily stopped, and panic spread rapidly throughout the United States.

Shanghai, Zhennan Prince's Mansion, American Minister to China Wei Sanwei said helplessly: "This is the largest economic crisis that the United States has experienced since its founding. European countries are now unable to protect themselves. We urgently hope to get the help of Your Highness..."
Chapter completed!