The Great Sage Returns from Ten Years of Imprisonment

Chapter 251 The cunning rabbit dies, the hunting dog is cooked

Near the close of trading, the US stock market suddenly began to rise rapidly.

The Dow Jones Industrial Average surged more than 400 points in one go, but ultimately closed down 3.6%, recovering more than half of its losses, though it could not mask the fact that it had plummeted.

The driving force behind this strong rebound was a sudden, explosive piece of news.

The Federal Reserve and the European Central Bank took emergency action, joining forces with many other central banks, to prepare for coordinated interest rate cuts in order to jointly stabilize international financial markets.

As soon as this news broke, a massive amount of funds rushed into the market to buy at the bottom.

Countless short sellers who had previously made a fortune switched to long positions and began to cover their losses.

These factors combined to drive a strong rebound in the US stock market.

Within the United Securities investment team, a few insiders, including Lou Dong and others, looked at Ling Yun with shock in their eyes.

They remembered very clearly that Lingyun had spoken with absolute certainty before the US stock market opened last night.

To prevent the market crash triggered by this super black swan event from continuing, governments and central banks in Europe, the United States, Japan, and South Korea will definitely take swift action to rescue the market!

The most likely and most effective measure to rescue the market is for global central banks to coordinate interest rate cuts.

Just one night later, news of coordinated interest rate cuts by central banks around the world arrived as expected, boosting the US stock market index by more than 400 points!

Faced with such incredibly accurate predictions, how could Mr. Lou and his colleagues not be amazed?

Ling Yun remained calm and offered a reasonable explanation.

This wave of crashes triggered by the super black swan event was fierce, and governments in Europe and the United States did not want to watch the financial markets collapse, so there was only one option.

That means only a coordinated interest rate cut by central banks around the world, led by the Federal Reserve, could temporarily stabilize the financial markets!

The events unfolded as if controlled remotely by Lingyun.

Director Li and Chairman Lou nodded in agreement with his explanation.

The results speak for themselves; any doubts are futile!

In the blink of an eye, it was already seven in the morning!

office.

Ling Yun packed his things and then looked at President Chen and the others sitting opposite him.

"In my judgment, global financial markets will continue their sharp decline today, with the exception of the Australian stock market, which was among the first to cut interest rates; all other stock markets will likely experience a crash."

"First came the rest of the Asia-Pacific stock markets, then European stock markets, and finally the US stock market when it opened in the evening; none were spared, and the declines were even more dramatic than yesterday."

"Oh no, is there going to be another sharp drop today?"

Mr. Chen and the others exclaimed in unison, almost in disbelief.

Ling Yun smiled and nodded, continuing his analysis.

"This is the last day of panic before global central banks coordinate a market rescue. It came on fiercely, but it won't last long. Our joint securities investment team and Yuanda Group will not participate in this wave of market activity!"

"Especially the Hong Kong Island branch of Far Eastern Group, which has now become one of the focal points of the international financial market, is certainly being watched by countless institutions. Under such circumstances, it is not a bad thing to keep a low profile."

"As for whether CIC, CICC, and other state-owned institutions will participate in short selling, the decision rests with you. Everyone must remember one thing: strike and retreat quickly; do not linger!"

"Here, I've set a rough liquidation line. The liquidation line for the Japanese and South Korean stock markets is -8%, for major European stock markets it's -4%, and for the US stock market it's also -4%..."

Upon hearing this, Mr. Chen and the others beamed with joy.

As a result, Ling Yun stayed in the office for about fifteen more minutes before leaving with President Chen and the others.

Afterwards, Ling Yun left with Zhong Tao and the others to go home and rest.

Mr. Chen and his team quickly returned to their respective offices, made calls back to the company, and began to plan today's investment activities!

Needless to say, all the investment strategies they implemented were devised by Lingyun.

Shortly after, the Japanese stock market opened.

Just as Lingyun predicted, the Japanese stock market opened with a sharp drop and continued to fall by more than 9% throughout the day, with the Nikkei index hitting its lowest level since 2003!

At the same time, the South Korean and Indonesian stock markets, which also opened, experienced even more dramatic declines, exceeding -10%! All markets were in turmoil!

As soon as the car drove out of the CIC headquarters, Lingyun prepared to close his eyes and rest for a while.

Zhong Tao glanced in the rearview mirror and then reported to his superior:

"According to the latest news from G An, ​​Lewis has been ordered by Goldman Sachs headquarters to restrict his movements, allowing him to travel between the Westin Hotel and the Beijing representative office, and he is being followed and monitored at all times."

"There's something else. JPMorgan Chase's Beijing office is looking for Lewis, supposedly because he lost money betting on stock index options last night and owes JPMorgan Chase hundreds of millions!..."

Upon hearing this good news, Ling Yun's eyes lit up.

After Zhong Tao finished explaining the situation, he gave a disdainful sneer.

"When the cunning rabbit dies, the hunting dog is cooked; this is to be expected. Even scum like Lewis can't escape this fate in the end!"

"Goldman Sachs lost terribly in this stock index options bet. Lloyd needs a scapegoat, and there's no better scapegoat than Irwin and Lewis!"

"Coincidentally, both of these bastards are very greedy. Not only did they go bankrupt overnight, but they also owe a mountain of debt. Lewis is definitely going to die, and it's hard to say whether he'll even make it back to New York alive."

After chatting for a few more minutes, he ended the conversation.

Just then, my phone in my pocket suddenly beeped.

He took out his phone and glanced at the text message he had just received.

The message was sent by Deputy Director Zhang; it was concise and to the point!

"Call me this afternoon. We need to discuss and develop a feasible plan regarding how to collect debts from Goldman Sachs and Barclays!"

Upon seeing this message, Ling Yun chuckled softly.

"Received. I happen to have some ideas. I'll report to SZ in person this afternoon. See you this afternoon!"

He quickly replied with a message, then put his phone away.

The stock index options bet between Yuanda Group and Goldman Sachs and Barclays has ended, but this exciting drama is far from over.

The ensuing negotiations and debt collection process was even more dramatic, involving struggles and exchanges of interests from all sides.

Yuanda Group is a state-owned investment institution, with the Shanghai State-owned Assets Supervision and Administration Commission as its controlling shareholder.

Through this stock index options bet, Yuanda Group won more than $400 billion from Goldman Sachs and more than $200 billion from Barclays.

Without a doubt, Goldman Sachs and Barclays would never accept such staggering losses and would definitely try to default on their debts to minimize their losses!

Without strong support from the national level, the Yuanda Group alone could only obtain very limited profits from the betting agreement, or even end up with nothing at all!

At this time, the state-owned background of Yuanda Group becomes crucial!

At the national level, we can rightfully step in to help Yuanda Group secure its due benefits to the greatest extent possible, and engage in exchanges of interests with Goldman Sachs and Barclays!

That's why SZ sent Lingyun, the instigator, to Haizi to discuss a plan to pursue debts from Goldman Sachs and Barclays.

Before they knew it, Lingyun's convoy had returned to his villa.

After parking the car in the villa's courtyard, Zhong Tao woke up Ling Yun, who was taking a nap leaning back in his chair, and told him that they had arrived home.

Ling Yun opened his eyes and glanced outside.

Then he picked up his backpack, opened the car door, got out, and walked towards the villa's entrance.

Just as I arrived at the door, Chairman Zhao suddenly called.

Seeing the caller ID on his phone, Ling Yun stopped and answered the call.

The next moment, Chairman Zhao's excited voice rang out.

"Good news, Lingyun. The more than $400 million in option premiums that Goldman Sachs and Barclays invested in the bet have been settled and transferred to the Hong Kong branch's investment account."

"Fortunately, this betting arrangement took place on Hong Kong Island, with the settlement overseen by the Hong Kong Securities and Futures Commission. If the betting had taken place in New York, we might not have been able to receive the money smoothly!"

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