After the Divorce, I Could Hear the Voice of the Future

Chapter 382 -379: Inverse Tian Gang, Earning Less Is Equivalent to Losing

“Wen Chao, since Mr. Ota is so enthusiastic, why not accompany him on a trip to Nandu in a few days?”

Lu Liang teased with a smile, acting as if he didn’t care about the matter.

Mr. Ota felt a sense of unease and immediately became serious, “Mr. Lu, I hope you can give us another chance. On behalf of Mitsui Sumitomo’s rotating chairman, I assure you, this is the first and also the last time.”

Perhaps it was a bit degrading, but he suddenly hoped that Lu Liang would show some anger, or make some demands, anything at all. His indifferent attitude was as though this was going to be their last collaboration.

Because while they were talking, the yen had already fallen below 125, dropping 122 basis points, and the usually resilient RMB was about to fall below 6.70, a decline of -0.1%.

They had mobilized 20 billion US dollars and rapidly entered the forex market of four countries, gaining a total profit of 780 million US dollars within minutes.

Waiting a few more hours, once the market had completely digested the impact of the Federal Reserve’s interest rate hike, the conservative estimate was that there would be a profit of about 1.4 billion US dollars.

Earning a profit of several billion US dollars overnight was not a dream—it was tantamount to robbing a bank. Not even a nuclear-powered money printing press could compare. They did not wish for this to be the last time.

As long as they clung to Lu Liang’s coattails, perhaps Mitsui Sumitomo could soon overtake Mizuho to become the top commercial bank in Tokyo.

Lu Liang chuckled, “Doubt is human nature, Mr. Ota, you needn’t blame yourself.”

He paused, then continued, “Mr. Ota, I have some instructions for Wen Chao.”

“Mr. Lu, thank you for your understanding. Just give me your orders.”

Mr. Ota breathed a sigh of relief, stepped aside, and tried not to interfere with their conversation.

“Mr. Lu, go ahead,” Wen Chao said, signaling that they could now talk.

Lu Liang abruptly switched tones, his voice turning indifferent, “Take whatever he gives you, but we cannot break off cooperation with Mitsui Sumitomo just yet.”

He needed to use Mitsui Sumitomo’s funds to test the waters of the Bitcoin market and also needed the funds to continue investing in Detroit.

Otherwise, with his temperament of old, when someone questioned him just now, he would have had Wen Chao leave without a second glance.

Wen Chao nodded, understanding Lu Liang’s intentions.

He inquired about when the market situation would end and when they should withdraw.

“Wait for my notification.”

Lu Liang glanced at the account’s profit and loss; they had invested more capital, used higher leverage, and timed it just right.

In the forex market of the four countries, the average profit per market was 420 million US dollars, the current total profit being 1.68 billion US dollars.

Aside from the US dollar, all other currencies continued to decline; they planned to withdraw the moment the RMB fell below 6.7.

If things went smoothly, Tianxing Private Equity’s total profit for the night should exceed 3 billion US dollars.

It was still very important to maintain a murky relationship with Wall Street; tonight, he felt an unprecedented smoothness—

There was no resistance at all; it slid in very easily.

Wilson was also shorting the yen and British pounds; he had just called to ask if that big movement of funds on the market was his?

Lu Liang confirmed it was, and the other party showered him with extravagant flattery, admiring Lu Liang’s financial acumen, and that was the end of the discussion.

Everyone understood the situation without saying it aloud, rushing to short currencies other than the US dollar, reaping global wealth en masse.

Being in cahoots with others indeed made money more easily than going it alone.

Wen Chao suddenly hesitated, “Mr. Lu, do I really have to attend the ‘silver party’ in Nandu?”

It was ostensibly a summer festival hosted by Nandu Group, but the performers were a group of female teachers—in plain terms, a ‘silver party.’

He planned to wait until this project was over and if no other work came up, he would propose to his girlfriend and get engaged.

Taken aback, Lu Liang chuckled and said, “Then just make sure you explain it clearly to Mr. Ota, whatever he gives you, just accept it.”

Whether or not to attend the ‘silver party’ was irrelevant; the important thing was to let Mr. Ota know that Wen Chao had accepted his goodwill gesture.

It was just like some patients back home who weren’t at ease on the operating table unless the surgeon and anesthetist accepted their red packets.

Lu Liang added, “Congratulations in advance on achieving your goal, but there is still more work I need to assign to you later.”

Wen Chao hurriedly said, “Mr. Lu, please rest assured, you and your work will always come first.”

Although it might sound like flattery, it truly was his sincere sentiment; an engagement was just a way to acknowledge a ten-year-long relationship, but work still took top priority.

Lu Liang cursed with a laugh, “Alright, enough with the sentimentality. Get ready, I’m planning to pull out.”

Beijing time, three o’clock in the morning, evening in Europe, afternoon in North America, was the peak of activity in the international markets.

With the exception of the US Dollar and aside from the RMB, the currencies of the other three countries plummeted more than -1%, absorbing the surge from the recent interest rate hike on behalf of the US Dollar.

Mr. Lu initially invested an 80% position in the Euro, British Pounds, and yen currencies, then injected an additional 10% position when driving the market.

Now that the battle was set, their funds began a well-organized withdrawal, closing positions and securing profits. Only the RMB exchange rate remained strong, with its decline hovering around -0.2%.

The key level of 6.7 was briefly breached before immediately correcting itself.

The resilience of the world’s second-largest economy suddenly attracted speculators from countries worldwide.

As the saying goes, sharpening the knife eagerly for pigs and sheep—

The fatter the pig, the more meat there is, and the more dripping fat one can relish.

“Mr. Lu, all positions have been closed except for the Offshore Renminbi,” Sun Yutao reminded in a soft voice.

Mr. Lu pondered, “Withdraw.”

These words were intended not just for Sun Yutao but also for Wen Chao, far away in Tokyo.

He knew the RMB was strong, but he hadn’t expected it to be this resilient, fending off global speculators.

The fall below 6.7 was a fact, but expecting a plunge like those of the Euro, British Pounds, and yen—a torrential drop—was clearly unrealistic.

They hadn’t earned much in the RMB market, just 480 million US Dollars, but fortunately, the investment wasn’t substantial either.

Starting with half a position and then increasing it twice, they invested approximately a 60% position, totaling 6.115 billion US Dollars, with a profit rate of 7.88% upon closing.

At Mr. Lu’s command, 6 billion US Dollars were closed in an instant, and the RMB exchange rate returned to the 6.6 range.

Wen Chao in Tokyo began to direct the traders of Mitsui Sumitomo to close their positions in an orderly manner.

This time, no one had any objections.

Because Ota Ling had said that anyone who still hesitated or doubted should directly get out of Mitsui Sumitomo.

At this moment, Lu Liang received a call from Wilson, “Lu, have you withdrawn?”

The tone clearly conveyed a mix of reprimand and inquiry; over a hundred billion US Dollars liquidating positions in the RMB market, was like a bucket of ice water in winter, poured over the head of every speculator who wanted to short RMB.

The situation had been tense with the RMB exchange rate resisting all attacks.

When Lu Liang suddenly turned deserter, it robbed the short-sellers of their desire to attack.

What was even more fatal was the foreign exchange market, with platforms like FXCM, Jiasheng, and XM Forex, all offering up to 400x leverage.

A 0.01% depreciation could lead to retail investors being margin called, with their funds amounting to just a few thousand or tens of thousands of US Dollars.

Even if leveraged 400 times, that would only be a few hundred thousand or a few million, but the vast number of retail investors could not be ignored.

At this point, with Lu Liang turning deserter, it directly triggered a wave of forced closures by retail investors, like a stab in the back.

Lu Liang had a smile on his lips, speaking in a relaxed and casual tone, “You guys didn’t think that East Country didn’t have measures to counteract the Federal Reserve’s rate hike, did you?”

Wilson tried to persuade with earnest and gentle words, “We know that East Country definitely has countermeasures, but if we worked together tonight, we should be able to hit 6.8.”

“Wilson, next time you guys should discuss your expectations and goals with me in advance. Otherwise, I also don’t know.”

Lu Liang showed displeasure, turning the tables and blaming, “It’s you who caused me to lose over four hundred million US Dollars tonight.”

He was indignant, considering lesser earnings as losses, if they had informed him in advance… how could he be a man to pass up the chance to earn money.

Put simply, they hadn’t considered him one of their own.

It pained him deeply.