The Great Sage Returns from Ten Years of Imprisonment
Chapter 119 The alluring sweetness and the shocking crash
Before 3 a.m., the joint investment team successfully completed the liquidation, leaving no shares unsold.
Ling Yun successfully fulfilled his boast from Saturday, leading his joint investment team to make over 4 billion yuan in just this one wave.
Everyone was thrilled by the result, and the entire office area erupted in cheers.
The same situation applies to the two teams located in Hong Kong Island and Singapore.
Just as everyone was high-fiving in celebration, Ling Yun approached President Kong and President Sun and whispered to the two bigwigs:
"Mr. Kong, Mr. Sun, the joint investment team's profits have exceeded five billion RMB. To be on the safe side, it's time to withdraw the principal!"
"In addition to all the principal, I suggest allocating another 2.5 billion to invest the profits and distributing them to the airlines according to their investment ratio, so that everyone can get a taste of success first."
"With nearly 3 billion in remaining profits, we can continue to invest in international crude oil futures. Without the pressure of losses, the joint team's investment efficiency will only be higher."
"Hahaha"
Mr. Kong and Mr. Sun laughed in unison, both overjoyed.
Immediately afterwards, Mr. Kong nodded with a broad smile.
"This is a huge windfall, equivalent to the total profits of several airlines last year. You achieved this in just one or two weeks; it's simply unbelievable!"
"Your suggestion is excellent, and I agree with it. However, this matter needs to be reported to the State Administration for Market Regulation for a decision. I will report to the State Administration for Market Regulation and the State-owned Assets Supervision and Administration Commission at dawn."
"For security reasons, I will suggest to the General Administration that all the investment profits withdrawn this time be temporarily held by the General Administration and not distributed to the airlines for the time being."
Upon hearing this, Director Xie and his colleagues, who had been all smiles, suddenly became a little anxious.
Despite being a high-ranking official at the vice-ministerial level, President Sun appeared thoughtful and did not raise any objections.
Mr. Kong turned to look at Mr. Xie and the others, and gently waved his hand, telling them to calm down.
He then explained in a low voice.
"The primary purpose of these investments is to resolve the pressing problem facing each airline; only then can we discuss anything else."
"If the profits from this 2.5 billion investment were directly distributed to the various airlines, I'm sure the money would be spent very quickly, leaving not a single penny."
"Airlines have too many expenses, including those of Air China and China National Aviation Holding Company. That's why I suggested that the General Administration of Customs temporarily hold this huge investment dividend."
"The real good days will come when the airlines have resolved their persistent problems and the joint team has earned more profits from their investments. Good things come to those who wait!"
Hearing his explanation, even the most unwilling investment directors had no choice but to shut up!
You know your own family best!
The directors knew in their hearts that what General Manager Kong said was absolutely right.
If the profits from this huge investment were directly distributed to the airlines, they would spend every last penny within a month!
As for the reasons and excuses for spending money, is that still a problem?
If the profits from this huge investment remain with the headquarters, there won't be this problem; the only issue is that it might be a bit troublesome to ask for the money back in the future!
Even if the General Administration spends all 2.5 billion, no one can deny this debt, and the General Administration will have to step up and clean up the mess for all the airlines!
After discussing profit distribution for a while, everyone turned their attention back to the ever-rising international oil prices.
In just a short while, international oil prices have approached $120 and are about to break through.
Seeing this, Mr. Sun asked in a low voice, unwilling to give up:
"International oil prices are still rising, Xiaoling. Now is the time to press our advantage and short the market."
"With this round of shorting international oil prices, will the investment departments of various airlines also get involved? To be honest, it's hard to bear watching from the sidelines!"
Before he finished speaking, several investment directors immediately echoed him in hushed tones.
"Exactly! Watching the joint investment team rake in huge sums of money while the investment departments of individual airlines can only watch with envy is a truly unpleasant feeling!"
"Since this is just a technical rebound and the downward trend in international oil prices remains unchanged, we don't want to be mere spectators in the next round of short selling!"
Everyone chattered amongst themselves, looking at Ling Yun with anticipation.
Lingyun glanced at everyone, then prepared to give his answer.
Just then, a cheer suddenly erupted from the trading area, interrupting him.
"International oil prices have broken through $120! Their momentum is unstoppable!"
"brush!"
Everyone quickly turned their heads and looked at the international oil prices on the electronic display screen.
as predicted!
International oil prices successfully surged to $120, and have since reached $120.1.
Upon seeing the latest price, everyone's eyes lit up with excitement, though some also felt a little regretful.
If the joint investment team had closed the position later, they could have made tens of millions of dollars more, which is equivalent to one or two hundred million RMB!
"Ding!"
A sudden, crisp notification sound interrupted everyone's reverie.
Ling Yun chuckled softly, casually took out his encrypted phone, and opened it to look at the text message he had just received.
The message was sent by General Manager Wang; it was concise and to the point, containing only a few words.
"Everything's going well, when will things turn around?"
Upon seeing this message, Ling Yun's smile widened even further.
He was perfectly aware of the subtext behind that text message.
The next moment, he quickly replied with a message.
"Don't worry about the reversal, I'll let you know later. Take a good rest and relax first."
"Once it's light, immediately implement the second plan. Safety first!"
After sending the text message, he put his phone back in his pocket.
His second plan was to have the Yuanda Group's investment team withdraw all of their principal and half of their profits to ensure they were in an invincible position!
Then, they used the remaining half of the investment profits to continue shorting international crude oil futures, continuing to cover for the joint investment team and keeping Goldman Sachs in suspense!
With the Yuanda Investment team withdrawing all the principal and half of the profits, Goldman Sachs was even more reluctant to take the bait and could only passively wait for a better opportunity next time!
Unfortunately, that opportunity will never come!
Compared to Mr. Sun and the investment directors of various airlines, Chairman Zhao and Mr. Wang of Yuanda Group trusted Ling Yun more and executed his trading instructions more thoroughly.
After putting his phone away, Ling Yun glanced at international oil prices.
Then he turned to look at President Sun and the others, and continued the previous topic.
"Don't worry, everyone. Based on my prediction, international oil prices will likely fluctuate wildly for a few days after this surge before truly turning downwards."
"I'll first study the market situation, and only when I've truly determined the right entry point can the joint investment team begin to build positions."
"The investment departments of each airline can now short sell, but their entry time must be staggered from that of the joint investment team. Fortunately, there is plenty of time."
Upon hearing that the investment departments of various airlines would also be involved this time, the investment directors were immediately overjoyed.
In their view, as long as they closely follow the steps of the joint investment team and strictly act in accordance with the investment strategy formulated by Lingyun, there will be no problems.
When the time comes, everyone can just carry sacks and pick up as much money as they can!
Thinking of this, the investment directors were all very excited.
"Understood, Lingyun. We will work well with the joint investment team!"
"Great! Hopefully, there will be a few more waves of this kind of super market rally, so everyone can make a fortune!"
Ling Yun smiled, then his expression suddenly turned serious.
"There's something I want to emphasize: the joint investment team and the investment departments of each airline must strictly control the scale of investment, and the investment must be gradual."
"Our goal is to make a lot of money, and the more low-key we are, the better. We absolutely cannot become targets; that would be asking for trouble..."
Next, he briefly explained the details of the coordinated operation.
Mr. Kong and the investment directors had no objections to the proposed cooperation method and accepted it all.
In the blink of an eye, another forty minutes had passed.
With today's events settled and the gains substantial, and the debriefing and summary meeting concluded, Mr. Kong and his team prepared to leave.
Just then, a trader in the trading area suddenly exclaimed in surprise.
"Holy crap! Someone's dumping oil like crazy, releasing 240 million barrels of crude oil futures at once, and it's happening simultaneously in London and New York! International oil prices are starting to plummet!"
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