Chapter 408: The first domestic aircraft engine won the battle! Nickel-based high-temperature alloy!
Although he managed to save his life, Xu Cang was still too weak. After meeting Xia Shuyue and Chen Tianyang on the first day after waking up, he stayed indoors and focused on recuperation.
However, after the September 11th incident, the world was shrouded in a suffocating feeling of impending storm, especially Xu Cang's fate, which was completely reversed after September 11th.
There is no more unforgettable proof than this.
On the third day, Qin Xin finally came. At that time, Xu Cang was able to get out of bed and his complexion was much better than the previous two days. Therefore, when Qin Xin came and saw Xu Cang's appearance, she felt better. If she had experienced Xu Cang's near-death experience in person, her emotions would have fluctuated greatly.
Although Xu Cang could get out of bed, he could only stroll around the ward at most, and he had to hold on to something, otherwise his legs would be too weak and he would easily fall.
Xu Cang didn't like lying in bed all the time. After Qin Xin came over, he put his arm around Qin Xin's shoulders and walked back and forth. He had to control his speed, otherwise it would affect the wound and cause severe pain.
"You're already injured like this, can't you just calm down?" Qin Xin hoped that Xu Cang would stay lying down, but she couldn't persuade Xu Cang, so there was still some reproach in her tone.
Xu Cang's smile was weak, but his joy was genuine. Even the hand on Qin Xin's right shoulder was quite dishonest, pinching Qin Xin's face from time to time: "You've been lying down for two days, your bones are rusty. If you keep lying down, you'll be useless."
Qin Xin wanted to knock Xu Cang's right hand off, but seeing Xu Cang breathing twice after three sentences made her feel distressed, she could only glare at him fiercely: "I think you deserve it. You still don't behave after being shot."
"This is called surviving a disaster, and being ecstatic?" Xu Cang tried to shout out a heroic smile, but he ran out of breath and the wound on his shoulder was pulled, hurting him so much that he almost cried.
"Are you still crazy?" Qin Xin wiped Xu Cang's tears with a smile: "Don't be so stubborn, I'm not a little girl, do I need you to comfort me?"
After being pointed out by Qin Xin, Xu Cang laughed softly twice.
He was indeed pretending just now, trying to appear more cheerful so as not to make Qin Xin worry.
In fact, after Xu Cang passed the critical period, as long as he spoke softly, there would be no big problem. Thinking about pretending to be a normal person, making himself dizzy, in Qin Xin's view, it was very childish.
"Okay, okay, stop pretending, walk slower, walk slower."
Qin Xin slowed down her pace and said, "Your condition is stable now. Do you want to be transferred to another hospital? We had to come here because of the emergency, but there are better hospitals in Tokyo. Why don't we try to change hospitals?"
"Instead of transferring me to another hospital, can you think of a way to prepare a special meal for me? Although I need to eat a light diet during my recovery period, the food here is really...unaccustomed to it."
Looking at Xu Cang's bitter face, Qin Xin smiled and said, "What do you want to eat? However, you can't eat everything in your situation, so don't make excessive demands."
"Then I'll order a dish?" Xu Cang thought for a moment: "Stir-fried shrimp, fried tofu, seashell and winter melon soup, and if possible, sweet and sour pork ribs."
"Sweet and sour pork ribs, I'll beat you up like sweet and sour pork ribs." Qin Xin snorted, "Just the first three, forget about the sweet and sour pork ribs."
"Sweet and sour spareribs are not good, why?" Xu Cang showed a very nagging expression: "Or you... can't make it? No, you should be able to do it?"
"I just don't know how to do it now. I'm learning." While speaking, Qin Xin was suddenly startled: "How do you know I can cook it myself? Moreover, these dishes are..."
Xu Cang pointed at the bed and asked Qin Xin to help him over: "Nothing, just a random guess."
"Guess?" Qin Xin showed a trace of doubt: "Really?"
"Really, really, truer than anything else." Xu Cang sat down slowly, looking very casual, as if he was just guessing casually.
In fact, these dishes are the only ones that Qin Xin can cook. Given Qin Xin's personality, it would be fine if she couldn't cook them. If she could, she would definitely come in person.
This little thing didn't bother Qin Xin for too long. When Xu Cang sat down, she started talking about business: "Yesterday, Xiao Lingyun called me. He kept calling you, but he couldn't get through to you."
"My phone is broken." Xu Cang was slightly out of breath. Even such a small amount of exercise was a bit too much for Xu Cang now: "What did you say?"
"Your story was on the news, and he called to ask about your situation." Qin Xin sat next to Xu Cang: "And there's also the matter of the New York Stock Exchange being closed."
Xu Cang hummed: "I know this."
The NYSE was closed on the evening of September 11th, US time, and would not reopen until September 17th. Various countries were reporting on the news, and even though US stocks were suspended, the atmosphere of panic was already quite obvious.
Suddenly, Qin Xin's cell phone rang. She took it out and looked at it. "Speaking of the devil, here comes the devil. It's Xiao Lingyun calling."
Xu Cang hooked his right hand: "Give it to me, I'll talk to him."
As soon as Xu Cang answered the call, Xiao Lingyun's anxious voice came from the other side: "Boss Qin, have you seen Xu Cang?"
"Ling Yun, it's me." Xu Cang said in a low voice, "Where are you now, New York?"
"Xu Cang?" Xiao Lingyun was stunned for a moment, then he was ecstatic: "Xu Cang, are you okay?"
"You say that as if you hope something happens to me."
"That's not what I meant. I'm glad you're okay. I'm glad you're okay." Xiao Lingyun calmed down and asked, "Is it convenient for us to talk?"
Xiao Lingyun was worried about Xu Cang's health. After all, he had received news that Xu Cang's injuries were quite serious, and he couldn't delay Xu Cang's rest.
"It's okay. I still have the energy to say a few words." Xu Cang asked, "Is it about the U.S. stock market? Is it going to collapse?"
"Yes, for sure." Xiao Lingyun's tone became more positive when he mentioned the US stock market. "Although trading is suspended now, according to the information I have received, as soon as the market reopens on the 17th, there will definitely be a wave of panic selling. The market will definitely crash. The only difference is how it crashes. Is it possible to be as serious as 'Black Thursday'?"
Black Thursday is a famous crash event in the history of the U.S. stock market, and its importance directly became the starting point of the Great Depression in the United States.
Now, regarding the U.S. stock market that has reopened after 9/11, almost everyone has a consensus that it will collapse, but the only uncertainty is the extent of the collapse.
Some people even clamor that this will be the beginning of a second depression in the United States.
"That's not the case." Xu Cang remembered that although 9/11 had a huge negative impact on the US stock market and even the global stock market, unlike the Great Depression in the United States, 9/11 was an accidental problem. Its economic impact was only temporary and would not be continuous for a long time.
If Xu Cang remembers correctly, the US stock market began to gradually recover in the second year after 9/11.
Of course, only Xu Cang knew this information.
Everyone likes to buy at the bottom, and now that the U.S. stock market is about to collapse, it is a good time to buy at the bottom. But the problem is that the premise of buying at the bottom is that the stock will rise in the future. If it continues to fall sharply, it will be a big loss.
Something like 9/11 has never happened in American history. Therefore, almost no one can predict the future trend of the U.S. stock market, so buying at the bottom is naturally a matter of course.
Therefore, the information that Xu Cang possesses is extremely valuable.
Previously, he used Kingfisher Airlines as collateral, and the $2 billion borrowed would become the biggest help for Xu Cang to buy up high-quality and cheap assets.
"Since the U.S. stock market is in such a panic, the U.S. capital market should also be in a state of panic, and the valuation should all fall."
"That's right!" Xiao Lingyun said, "After the incident, I went to Google and Apple again, and they both expressed their willingness to negotiate on the veto power."
"Negotiate? Haha, it seems that they still have a little fantasy about reopening the market on the 17th." Xu Cang sneered: "Then wait a while. A week doesn't seem to be enough, wait another half a month, wait until they face the reality, and then talk to them."
If the US stock market crashes, then the initiative will definitely be in Xu Cang's hands. Logically, Xu Cang and his team should have a sure win, but the factors of the 9/11 incident are relatively complex, and they have a great political nature. It is possible that they will arouse the unity of the American people and prevent the US stock market from experiencing huge fluctuations.
Another possibility is that the US government is likely to intervene, such as cutting interest rates to stimulate the economy. As long as the economy is stabilized, the stock market, which is highly correlated with the economy, can also be stabilized.
With the precedent of the Great Depression, the US government will be more alert and more willing to intervene. If the government takes strong measures to rescue the market, it is very likely that the negative impact of 9/11 will be offset.
Therefore, the choice of whether to buy at the bottom or not may not be the most important thing, and whether the possibility of buying at the bottom exists is another matter.
"Xu Cang, how much do you think the US stock market will fall this time? Is it enough for us to take the initiative?"
To be honest, such words would be laughable to outsiders.
How ridiculous it was for a veteran who had been in the stock market for many years to ask for advice from a layman in his professional field. But Xiao Lingyun didn't think there was anything wrong with it. He knew that he was just Xu Cang's tool in investment. The general direction was determined by Xu Cang, and he was only responsible for the details and practical operations.
"Just wait, we'll know the result on the 17th." Xu Cang couldn't tell Xiao Lingyun more. Anyway, the time was not long, so he just had to wait.
"That's what you said..." Xu Cang was confident, but Xiao Lingyun was scratching his head. He could see that Xu Cang's crazy act of mortgaging Kingfisher Airlines seemed to be for the collapse of the US stock market in the near future, although he didn't know how Xu Cang could predict the future.
Twenty billion U.S. dollars may not be a big game for those capital giants. After all, those people play with scales of tens of billions or even hundreds of billions of U.S. dollars. The top ones can even take over an entire country.
However, if the two billion dollars were used well, Xu Cang would definitely be qualified to enter the upper class. Similarly, as Xu Cang's follower, Xiao Lingyun would also soar to the sky.
At this turning point in life, Xiao Lingyun seemed a little nervous.
If the U.S. stock market had not collapsed, the 2 billion U.S. dollars could only be used to purchase certain assets at normal prices. Even though it would still be likely to make money, the effect would be much worse.
Xu Cang seemed to see through Xiao Lingyun's thoughts and said with a smile: "If you manage hundreds of billions of dollars of capital in the future, will your heart still be able to bear it? Or is your vision limited to the current scale?"
Xiao Lingyun was silent for a while. When he spoke again, his tone was less anxious and worried: "I understand. I will adjust my attitude."
After a pause, Xiao Lingyun's tone became more relaxed: "There is one more thing. I checked the Munich Reinsurance Company you asked me to pay attention to before. There are some interesting things?"
"Oh?" Xu Cang raised his voice: "Tell me about it."
"From what we know so far, this collision incident implicates a total of 54 insurance companies. If the stock market crashes after the market opens on the 17th, then the insurance stocks will undoubtedly be the hardest hit. However, except for the seven small insurance companies that declared bankruptcy, the situation of the other slightly larger insurance companies seems to be acceptable." Xiao Lingyun's tone was even a little gloating: "Later I checked and found that these insurance companies have reinsured their policies. Therefore, two-thirds of the final compensation amount of this collision incident is actually borne by the reinsurance company, and half of this part of the reinsurance business is borne by the German Munich Reinsurance Company. It is estimated that so far, the compensation amount of the German Munich Reinsurance Company has reached 11 billion US dollars, which is close to the upper limit that the company can bear. However, it is almost certain that the final compensation amount will only be higher than this figure, and should be able to exceed 15 billion US dollars. If this is the case, then there is a high probability that the German Munich Reinsurance Company will..."
"Bankruptcy!" Xu Cang uttered these two words softly.
Insurance, in essence, is risk sharing. The insured pays insurance money to the insurance company to share the risk.
So, since individuals or companies can take out insurance, and the insured items are varied, why can't the insurance company itself, as a commercial organization, insure its own policies?
There is no such thing as a sure win business. Insurance companies themselves also need to bear risks, especially when facing those with extremely high insured prices. If these orders need to be paid, it will be very stressful for the insurance company.
Therefore, the reinsurance business came into being.
That is, the insurance company takes out insurance from the reinsurance company as the policyholder to share its own risks.
Because the policies that insurance companies take out are usually those with high value, they have done a strict risk assessment when accepting the policy, and the possibility of needing to pay out is very small. Later, the reinsurance company will conduct a second assessment of these policies, and they will go through another round of screening.
Therefore, reinsurance companies will basically not have problems with the orders they receive. However, due to the special nature of their policies, once problems occur, they will suffer heavy losses, just like the World Trade Center crash, which was a complete black swan event that directly pushed large companies such as Munich Re to the brink of bankruptcy.
"Xu Cang, this incident has had a huge impact on the insurance industry. It may take many years to recover. You don't want to..."
The performance of Munich Reinsurance Company was actually very good before, but the years of hard work were destroyed by 9/11. The impact of 9/11 was too great, and the insurance industry is likely to be depressed for a long time.
Xiao Lingyun could sense that Xu Cang was interested in the German Munich Reinsurance Company. However, the German Munich Reinsurance Company was a large company, but if it got rotten, it would be a sinkhole. Xiao Lingyun didn't want Xu Cang to fall into the pit, because it would be difficult to climb out if he fell into it.
However, Xu Cang smiled and said, "It's okay, I'll just try to understand. When you finish your business in the United States, go to Germany."
"You..." Xiao Lingyun was really speechless. It seemed that Xu Cang ignored his words, but Xu Cang was the boss and he couldn't keep trying to persuade him. He had to agree first and talk about it when they met later.
Originally, Xu Cang was thinking about saying a few words, but his cell phone rang again and another call came in.
"I'm on the phone now. Let's talk later." Xu Cang said to Xiao Lingyun, then glanced at the number. It was Yi Feng, so he answered it.
As soon as the call was connected, Yi Feng's voice rang out: "Boss Qin, have you seen Xu Cang?"
"I saw it!" Xu Cang said with a smile.
"Ah? Xu Cang! " Yi Feng was pleasantly surprised. He heard Xu Cang's clear and loud voice, and it seemed that he was fine. He was very happy: "Originally I wanted to go together, but something happened here suddenly, and I can't leave."
Xu Cang joked: "What important thing could be more important than visiting me?"
Originally Xu Cang was just joking, but Yi Feng's tone turned extremely serious: "It's really important. Just this morning, the Metal Research Institute of AVIC successfully produced the finished product according to the information you provided."
Before this, Wang Jingming gave all his life's research results to Xu Cang.
Xu Cang was not an expert in this field, so he handed it over to Lin Ming. It just so happened that AVIC had a metal research institute under its jurisdiction, and the expertise was just right.
"What? The results are out so soon ?" Xu Cang was also extremely surprised. The speed was too fast.
"They said the information you provided was very detailed, and we just need to follow it." Yi Feng was also happy: "Even the brand name has been tentatively decided, it's GH6001!"
