The Great Sage Returns from Ten Years of Imprisonment

Chapter 144 They're all making a killing

At Ling Yun's command, the United Securities investment team and Yuanda Hong Kong branch immediately took action, gradually closing out their short positions in Lehman Brothers.

During this period, Lehman Brothers' stock price continued to fall, with the decline once approaching -60%.

Countless investors who held Lehman Brothers stock lost everything tonight.

Among them, there are countless people who went long with high leverage and lost everything overnight, ending up on the rooftop.

Someone jumping off a building means someone else is opening champagne!

Countless short sellers, including the United Securities investment team and the Hong Kong branch of Yuanda Securities, have made a fortune.

Compared to Lehman Brothers, Merrill Lynch was in a slightly better situation, but not by much.

Merrill Lynch's stock price once plummeted by more than 30% during the day, and the market was in a terrible state.

Around 3 a.m., a rumor suddenly circulated in the market that the Federal Reserve and the U.S. Treasury were willing to intervene and prepare to save Merrill Lynch and Lehman Brothers.

After the news spread, Merrill Lynch's stock price stopped falling and then rose by about 6%, but that was all.

Lehman Brothers' stock price reacted slowly, simply because everyone knew that Lehman Brothers was beyond saving.

Lehman Brothers' stock price only began to rise slowly an hour before the US stock market closed.

When the US stock market closed, Lehman Brothers' stock price ultimately plummeted by 45%, marking the largest single-day drop in its 158-year history.

Just as the US stock market closed, Ling Yun pumped his fist in celebration.

Then I stood up and prepared to go to the window to breathe in some fresh morning air.

Just then, several investment directors arrived excitedly, knocked on the door, and entered the office.

Before the door was even closed, they started talking excitedly.

"US stocks have closed. Lingyun, Lehman Brothers' stock price plummeted 45%, and Merrill Lynch's stock price plunged over 20%. This is insane!"

"Our initial estimate is that the team's total profit tonight exceeds eight billion US dollars, with a staggering 1.2 billion US dollars made just from shorting Lehman Brothers."

"Lehman Brothers still has 40% of its short positions remaining. Once we clear out the remaining short positions, we can make more than two billion dollars by shorting Lehman Brothers."

Ling Yun glanced at the several investment directors who were practically jumping for joy and joked:

"This is nothing! It's a certainty that Lehman Brothers' stock price will plummet by over 90% the day it declares bankruptcy next week!"

"But it's too risky for us not to make the last penny. If we participate in the final battle to plunder Lehman Brothers, we might attract the attention of the SEC."

"In the days leading up to Lehman Brothers' official bankruptcy declaration, its stock price will plummet, and we can profit from that!"

"In this way, the other short sellers who participated in the dismantling of Lehman Brothers on the last day will become our best cover, drawing away the attention of the SEC."

He paused for a moment at this point.

Then, glancing at the investment directors, he changed the subject.

"While our team couldn't participate in the final battle to plunder Lehman Brothers, whether individuals or organizations outside the team wanted to take advantage of the situation is none of my business!"

"But one thing must be noted: any organization or individual involved in the final looting of Lehman Brothers must not be associated with our team, at least not openly..."

"Whoosh!"

The eyes of the investment directors suddenly lit up, turning into searchlights.

They instantly realized that this was a golden opportunity for them, as well as their companies and organizations, that Lingyun had given them.

It's worth noting that they are the investment directors of China Investment Corporation (CIC), China International Capital Corporation (CICC), and China Aviation Oil Corporation (CAIG), all of whom are seasoned professionals in the financial investment field.

With their influence and connections, they made a fortune by heavily shorting Lehman Brothers through other channels—it was incredibly easy!

Who would want to miss such a golden opportunity to make money?

The investment directors exchanged a quick glance and then nodded in unison.

"Thank you for reminding me, Lingyun. We know what to do, you can rest assured."

"Understood. We will handle this perfectly and will absolutely not have any dealings with the United Securities investment team!"

"That would be perfect. Please have a seat, everyone. Let's begin the meeting."

Ling Yun nodded with a smile.

Then he walked back to his desk, pulled out a chair, and sat down.

Several investment directors sat in the chairs opposite, all of them smiling so broadly their eyes were almost closed!

It was around 6:40 in the morning.

Ling Yun left the CIC headquarters and drove home.

When he returned home, Leilei and Yanzi had just gotten up and were preparing breakfast in the dining room, chatting animatedly.

Upon seeing Lingyun return, they immediately swarmed around her, eagerly inquiring about what had happened, all extremely excited.

"Honey, what exactly happened last night? How come our overseas investment account assets almost doubled overnight?"

"Exactly! This increase is outrageous! When we went online this morning and saw what was in our accounts, we could hardly believe it!"

"I love you so much, darling! Before I met you, I never dreamed I could become a billionaire!"

While acting coquettishly, Ada Chia snuggled into Ling Yun's arms and gave him a passionate kiss.

Among the beauties present, she was the oldest, and also the most alluring and charming, best at acting cute and coquettish.

She can act coquettishly anytime, anywhere, as if it were an innate ability.

"Ugh! That's so cheesy!"

"So shameless and brazen."

Da Meiyuan and Yanzi all complained and rolled their eyes.

Immediately afterwards, they looked at Ling Yun with shining eyes.

After spending a few days together, the girls had completely overcome their initial awkwardness, accepted each other, and got along like sisters.

They also concluded that as long as Lingyun stayed out all night, there would definitely be a big market movement in the international financial market or the crude oil futures market.

The result is that their overseas investment account assets skyrocket that very night, and it never fails!

Lingyun was busy all night again last night, so they got up early this morning and turned on their computers to check the status of their respective overseas investment accounts.

You won't believe it until you see it, and what you find will shock you.

Each of them nearly doubled their overseas investment account assets.

Not counting the 40 million they previously withdrew and transferred to the mainland, each of them now has overseas assets exceeding 300 million.

The wealthiest woman, Da Meiyuan, has personal assets exceeding 500 million.

Seeing this result, they were naturally overjoyed.

I'm also very curious about what exactly happened in the international financial markets last night? Why were they spending money so frantically?

Ling Yun put his arm around Jia Jingwen's slender waist, kissed her pretty face, and then smiled as he explained the situation.

"The international financial markets were very active last night, as the financial sectors of stock markets in Europe and the United States all collapsed due to some special reasons!"

"I predicted this situation long ago and placed a heavy bet on shorting it, using very high leverage, which is why you were able to become rich overnight again..."

Next, he briefly introduced the situation in the international financial market last night and explained the reasons for this windfall.

He glossed over some of the confidential information.

As he introduced himself, the women gasped in surprise, their hearts pounding with fear.

As they spoke, they went into the living room and sat down on the sofa.

After introducing the situation in the international financial market, Lingyun reiterated the need to adjust asset allocation strategies to diversify risks.

He instructed Da Meiyuan and the others to withdraw most of the profits from their overseas investment accounts and quickly transfer them back to the mainland, leaving only HK$100 million in the overseas accounts for subsequent investments!

The women had no objection to his suggestion and nodded in agreement.

After chatting for a while, Lingyun got up from the sofa, preparing to go upstairs to wash up and change clothes before coming downstairs for breakfast.

Just then, Da Meiyuan suddenly asked with anticipation:

"Honey, at this rate of wealth growth, won't you soon become the richest person in the country? And won't we become super-rich women with billions in assets?"

Wow!

The other three beauties all looked at Ling Yun, their eyes shining even brighter!

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