Chereads / The Rise Of Australasia / Chapter 337 - Chapter 293: Bottom Fishing for Rubber Company

Chapter 337 - Chapter 293: Bottom Fishing for Rubber Company

The good news is that the Rubber Crisis does not involve many other industries, and the crisis is almost limited to the rubber industry.

In addition, the strict supervision of the stock market by other European countries led to the implementation of corresponding policies after the collapse of the rubber stock market, which in turn caused the stock markets and economies in most regions, including Australasia, to not suffer too much fluctuation and avoid a large-scale global economic crisis.

In order to minimize the impact on the Sydney Stock Exchange, Arthur instructed the Royal Financial Group to announce the acquisition of all rubber company stocks on the market when the rubber stock prices plunged to less than half of their issue price.

This move saved the economies of some Australasian rubber companies and allowed some investors to sell their stocks.

This is the end of Part One, download Chereads app to continue:

DOWNLOAD APP FOR FREEVIEW OTHER BOOKS