The Great Sage Returns from Ten Years of Imprisonment
Chapter 225 Rubbing Salt into the Wound
Despite being furious and cursing when the $7000 billion bailout plan was rejected, Lewis and his team did not completely break down and suffered no losses.
The underlying asset of that stock index option betting agreement was the rise or fall of the Dow Jones Industrial Average the day after the bailout plan was passed.
If the bailout plan is not approved, the betting agreement will not take effect and will not generate profits or losses.
In the short term, Irwin and Lewis may even have benefited from the misfortune.
To raise the capital for their bet, they sold all their stocks and funds in advance, thus avoiding tonight's market crash.
But their goal was not just that; they wanted to completely change their lives overnight.
Before long, their lives will undergo a huge change, but the direction of that change will be far from what they want!
With the bailout plan rejected, the US stock market plummeted, and even tens of thousands of bulls couldn't pull it back up.
The three major U.S. stock indexes all suffered record-breaking declines, each more devastating than the last.
The Dow Jones Industrial Average fell by nearly 8% at one point, while the S&P 500 and Nasdaq Composite fell by more than 10% at their largest.
The sector that suffered the most dramatic decline was the financial sector, which saw an overall drop of over 12%, making for a truly dismal market.
Not only that, all commodities except gold were affected by the same phenomenon.
For example, international oil prices saw a maximum intraday drop of over 10%, falling to below $95!
Although the market rallied slightly at the close, the overall daily decline still exceeded -10%!
Just as the international financial markets and crude oil futures markets were plummeting and in a state of utter despair, several investment teams under Lingyun's guidance were celebrating with great joy!
Around 3 a.m., just as the Dow Jones Industrial Average fell to -7.5%, Lingyun finally issued a trading order.
"Listen up, all investment teams! From now on, close all short positions in US stocks within half an hour and lock in profits from this short selling."
"Then everyone just sat and watched the show, waited for the US stock market to close, finished reviewing the market, and then went home to get some rest and prepare for the National Day holiday!"
As soon as the trading order was issued, numerous traders responded enthusiastically.
"Understood, enjoy our performance!"
Before the words were even finished, everyone sprang into action, and the transaction began in a flurry of activity.
Seeing this lively scene, Lou Dong and his colleagues were also infected by the excitement, their eyes shining with joy.
Immediately afterwards, Chairman Lou stepped forward and gently patted Ling Yun on the shoulder.
"Well done, Lingyun! Tonight's battle has made several investment teams and companies incredibly wealthy!"
"You're telling everyone to prepare for National Day, does that mean it's time to take profits? According to your previous analysis, shouldn't we be going long now?"
Ling Yun turned to look at this big shot, smiled and shook his head.
"Thank you for your praise. I'm very happy to see the investment teams and companies making such great profits!"
"But money can never be fully earned. After harvesting this batch of韭菜 (a metaphor for exploited investors), I think everyone should keep a low profile for a few days, concealing their achievements and fame, and then enjoy the National Day holiday!"
"This is for security reasons, without exaggeration. Our current actions are rubbing salt into the wounds of the US government and Wall Street!"
"We need to know when to stop. We can't provoke those guys and they'll come after us later; it's not worth it!"
Lou Dong and the others were stunned for a moment, then burst into laughter.
"Hahaha"
Hearing this burst of hearty laughter, the busy analysts and traders also smiled broadly!
An hour flew by!
At 4 a.m., US stocks closed down 7%, marking the largest single-day point drop in the history of the Dow Jones Industrial Average!
This result has sent chills down many people's spines!
Countless investors caught in the middle of the situation were completely gripped by panic, living in constant fear!
But this does not include Ling Yun, the several investment teams under his command, or the state-owned investment teams that follow his lead blindly!
As soon as the US stock market closed, the office areas where these investment teams were located erupted like a volcano, instantly becoming boiling over!
Like everyone else, Lingyun was very excited.
After a round of cheers and celebrations, he returned to his office with a smile, prepared to formulate the day's investment strategy, and then packed his things to go home and rest!
Just then, Chairman Zhao suddenly sent a text message.
"Great news! Our Hong Kong Island branch made a killing today, more than enough to cover the risks of our stock index options betting, and several times over!"
"Regardless of the outcome of this bet, the company will remain in an invincible position. Just wait and see!"
Upon seeing this text message, Ling Yun couldn't help but chuckle.
After a moment's thought, he quickly typed a message.
"Congratulations! With today's big profit, I believe Mr. Wang and the others at the Hong Kong Island branch will have even more confidence!"
"There's one thing you absolutely must remember to do: withdraw your investment profits as soon as possible and transfer them to a Chinese-funded bank in Hong Kong. Beware of those bastards resorting to dirty tricks after losing their bets!"
After sending the text message, he went straight to the window.
Then I stood by the window, looked out into the distance, and enjoyed the beautiful morning scenery of Victoria Harbour and Central for a while.
After standing there for five or six minutes, Ling Yun turned around with a sense of relief and got back to work, starting to formulate the day's investment strategy!
At seven o'clock in the morning, after finishing all the preparations, he got up, left the office, and took a car home to rest.
About twenty minutes later, his car drove smoothly into the villa gate.
Just as he picked up his backpack and got out of the car, Deputy Director Zhang suddenly called.
Upon seeing Lai Xian, Ling Yun immediately stopped and stood in the courtyard to answer the phone.
"Good morning, Director Zhang, you're up very early."
As soon as the words were spoken, Deputy Director Zhang's voice came through the phone.
"Good morning, Lingyun, congratulations on creating another astonishing miracle!"
"As for me, it wasn't that I got up early, but rather that I hadn't slept at all; I stayed up all night, just like you!"
"SZ stayed up until midnight in the study last night, only returning to his bedroom to rest after the US House of Representatives voted!"
Ling Yun smiled and exchanged a few polite words as usual.
"It wasn't a miracle, just seizing a rare opportunity, or you could say taking advantage of a loophole in the power struggle between the two parties in the United States."
"What I didn't expect was that SZ and you had also endured this long; you've truly worked tirelessly!"
After a few casual words, Deputy Director Zhang took the initiative to get to the point.
"The vote in the US House of Representatives in the early hours of the morning was unexpected by many and quickly caused a huge stir and panic in the international financial markets."
"No one knows this better than you, someone who experienced it firsthand. Your understanding of this matter is unparalleled!"
"Due to this unexpected situation, we need to adjust our response strategy. We need you to come to Haizi this afternoon to give another briefing."
"As before, call me after you wake up from your afternoon nap, and I'll check with SZ's arrangements. Besides that, there are some special circumstances I need to inform you about."
Upon hearing the words "special circumstances," Ling Yun instantly understood the underlying meaning.
Unsurprisingly, these unusual circumstances are definitely related to those bastards at Goldman Sachs and Barclays!
"Okay, Director Zhang, I'll call you right away after I wake up from my afternoon nap."
Ling Yun nodded in response.
Subsequently, Deputy Director Zhang voluntarily ended the call.
Ling Yun put away his phone, picked up his bag, and walked towards the villa entrance. The beautiful women at home were probably already waiting impatiently.
Before we knew it, it was already 10 a.m.
Goldman Sachs branch in Hong Kong Island.
Irwin shook hands with Lewis, who was about to fly to Beijing, and solemnly gave him a few words of advice.
"Once you arrive in Beijing, you must find a way to dig out that prodigy and try to win him over!"
"I just received news that Yuanda Group's Hong Kong Island branch made over $10 billion in profits in the European and American financial markets early this morning."
"This kid is the one secretly directing things. Our bet against Yuanda Group is very likely also orchestrated by him behind the scenes."
"I'm a little apprehensive about dealing with this amazing guy. Your first priority when you meet him is to find out what he has to say!"
Lewis's expression changed, and he nodded emphatically.
"Don't worry, I came to China this time specifically to deal with this amazing kid!"
"I've come with the utmost sincerity; he must accept this offer, or I'll have to resort to other methods!"
"This stock index options bet is crucial; absolutely no problems can be allowed to occur!"
Seeing his clenched teeth, Erwin knew very well why!
After chatting for a few more minutes, Lewis said goodbye and left, going downstairs to take a car straight to Hong Kong Island International Airport!
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