295: The collapse of A-shares was the prelude to the listing of Junlin Financial!

When Wang Lin saw this news, he was taken aback for a moment.

As expected, what was meant to come was finally coming.

However, Wang Lin hadn't expected it to happen so much earlier than anticipated.

"It seems the regulators feel that the current stock market situation has stabilized and the deleveraging effect is significant, so now this leverage from the Pension Fund needs to be removed as well."

"However, it will likely be under pressure in the short term, and a market crash would even be normal."

But a crash is fine; it's the perfect time to continue buying up some sectors and individual stocks in the A-share market that will skyrocket in the future.

Wang Lin thought for a moment and replied: "Alright, I'll be back in the next two days. Let the bullets fly for a while first!"

"As for the issue of Junlin Finance's IPO that the Chief previously discussed with me, you should coordinate with them on that as well!"

When Zheng Huan heard this, although he knew Brother Lin was increasing his workload, he still felt a bit stage-frightened.

Damn it.

He had always only known how to trade stocks and had never had to coordinate such matters with officials; the pressure was quite high.

But since Qian Shan was currently in New York, he was the only one in the company who was familiar with the entire operational process and capable of clarifying things with the officials.

"I understand, President Wang. You must come back as soon as possible!"

.

After hanging up the phone, Wang Lin stopped thinking about the A-share market.

He would deal with everything once he returned.

Looking up at the glass curtain wall behind which the name Goldman Sachs shone brightly, Wang Lin couldn't help but exclaim: "It really is high-end and classy; truly worthy of the century-old Goldman Sachs!"

Just then, several people walked out of the Goldman Sachs headquarters.

The big shot leading them, wearing a custom-made suit, originally had an arrogant expression, looking down on everything.

But when he saw Wang Lin, he suddenly froze.

He stared in this direction for a few seconds, then suddenly walked over quickly, his face filled with surprise and shock: "Is that Brother Lin?! I never expected to see you here!!"

Russ Karl, who was behind him, was also stunned.

As the newly appointed Asia-Pacific head, he hadn't seen his actual big boss for a long time.

Wang Lin sighed when he saw him approaching so enthusiastically.

Damn it, he had just wanted to take a glance at this place; he hadn't expected to run into the big shot of that company.

"Why didn't you tell me you were going long on NVIDIA and Netflix these past few days? Regardless of anything else, you are still a major shareholder in our company. It's unheard of for a major shareholder to work against the company."

"I heard you made several billion?"

They say truth is stranger than fiction.

On Wall Street, as long as you have enough luck, you can basically run into any legendary big shot.

At this moment, a very flashy McLaren sports car pulled up.

A young man wearing sunglasses jumped out and sneered: "Oh, isn't this the boss of Goldman Sachs whose target price is 1 dollar? Who are you chatting with?"

After saying this, he looked toward Wang Lin.

At this glance, he froze. His previously haughty tone became fawning. He quickly lifted his sunglasses, stared carefully at Wang Lin, and asked uncertainly: "Is, is that Brother Lin?"

Wang Lin smiled and nodded.

He really hadn't expected that in this small corner of Wall Street, the boss of Goldman Sachs and a direct descendant of the Morgan Family would gather within a few short minutes.

After hearing Wang Lin's response, Morgan Ored became instantly excited: "It really is Brother Lin! My God, I never expected to meet you here!!"

"I'm hosting tonight; please do me the honor of attending. If it weren't for you, I wouldn't have successfully bought the dip and made over a billion in profit by now!!"

Wang Lin smiled and nodded: "Sure, I'm quite interested in the Morgan Family as well."

Morgan Ored glanced at David Solomon, the boss of Goldman Sachs, and then said to Wang Lin with a smile: "Brother Lin, since you've come all this way despite your busy schedule, why don't you come with me to visit the Morgan Family? I believe our entire family would warmly welcome your arrival!"

When David Solomon, the boss of Goldman Sachs, heard this, he quickly added: "Brother Lin is a shareholder of Goldman Sachs. Since he's here on Wall Street today, it's only right that we host him!"

Right there on the street, while Wang Lin was stunned, he watched as the big bosses of these two top investment banks started arguing over him.

Of course, in the end, neither side would yield to the other, until someone behind David whispered: "Boss, isn't there some banquet tonight? Why not invite Brother Lin to that?"

.

...

That evening.

Wang Lin gladly accepted the invitation.

Qian Shan also saw many big shots he had only heard of but never met.

And after these big shots learned of Wang Lin's identity, they came over one after another to offer toasts.

He just stood in the back assisting, but he held his head high and chest out, feeling a sense of honor.

He was a soldier under Brother Lin!!

The bosses of Muddy Waters and Citron Research were also supposed to be here.

However, after they heard that Brother Lin would be attending today, they declined the meeting.

They didn't want to be background props for tonight!!

The next day.

After Wang Lin had fallen asleep, the A-share market finally opened.

The news that the Pension Fund limit had reached 30% began to wreak havoc on the stock market!!

And it wasn't just simple havoc; it was a crazy plunge!!

The shanghai composite index opened with a 3-point gap down, marking the prelude to today's wild crash.

The shenzhen component index opened with a 2.3-point gap down.

The ChiNext index was the same.

The entire market was slightly in the green at the opening, but after 10 minutes, everything was falling!!

Sectors like the heavyweights, big finance sector, real estate, non-ferrous metals, coal, etc., were the vanguard of the crash.

There was nothing that could be done about it.

This time, it was the restriction on the Pension Fund that was being revoked, and 70% of the funds were withdrawn all at once.

Everyone generally believed that something like the Pension Fund must be playing the long game and investing in heavyweight stocks.

So, it was no surprise that these sectors fell today.

When the Stock Investors saw this scene today, every single one of them was instantly stunned.

There was no way to play this; there was really no way to play.

Today was just a competition to see who could run the fastest.

As for the regulators, the Chief watched today's market crash and the wailing of the Stock Investors, and he was at a loss.

But deleveraging the Pension Fund was something that had to be done.

He could only grit his teeth and push through with it; after all, long-term pain is worse than short-term pain.

However, he had indeed overestimated the market's resilience.

Previously, the market was able to stabilize entirely due to Brother Lin's pricing power.

Now, this withdrawal of the Pension Fund had caused the Institutions to panic.

This was not something Brother Lin could solve on his own.

"The overall market index is probably going to limit down today!!"

"Also, I wonder if the news of Junlin Finance's IPO can successfully hedge against the market!!"