The Great Sage Returns from Ten Years of Imprisonment
Chapter 264 The Darkest Day to Come
Just after 5 p.m., when Barclays' stock had fallen to negative 20%, trading was suddenly halted.
Barclays cited the reason for the trading halt as problems with the assets of Lehman Brothers, which it had just acquired, requiring a reassessment.
This sudden turn of events caught everyone off guard.
After a brief moment of astonishment, countless bulls who held Barclays stock and were on the verge of suicide cheered.
They weren't cheering because they were making money, but because the losses had stopped, which at least delayed their demise by a few days.
Those short sellers who were reaping huge profits reacted in the complete opposite way, and started cursing loudly!
Anyone with eyes can see that Barclays Bank's reason for suspending trading is pure nonsense, and not a single word of it should be believed!
The real reason for the trading halt was actually the huge losses from a bet with Yuanda Investment, which led to a runaway stock price crash.
Seeing that things were not going well, Barclays executives applied for an emergency trading halt.
Upon hearing the news, General Manager Sun of China Aviation Oil was so excited that he immediately came to find Ling Yun, wishing he could give him a hug on the spot.
"That was handled brilliantly, Xiao Ling! Who would have thought that the renowned Barclays Bank would fall into such a miserable state!"
"Seeing Barclays Bank in its current state, I can't describe how happy I am. This revenge is so satisfying, it makes me feel completely refreshed!"
"Haha, you're doing great, that's what matters!"
Ling Yun said with a smile, then added a few more words.
"This is just the beginning. As Yuanda Investment's debt negotiations with Barclays unfold, such precise attacks will undoubtedly occur many more times!"
"I'm prepared to completely subdue Barclays Bank, forcing them to voluntarily request to restart negotiations and offer some high-quality equity assets in exchange for repayment of the debts owed under the performance-based agreement."
"For example, Barclays' stake in Cathay Pacific, BHP Billiton, and Rio Tinto are all targets of my investment. They want to default on their debts, Grandma..."
Mr. Sun was stunned for a moment, then gave a thumbs up.
"Wow! Absolutely amazing! I've never seen anything like it before—your ruthlessness and greed!"
"But I have to say, the way you dealt with Barclays and Goldman Sachs felt so good to me!"
With his praise, Ling Yun and President Kong all laughed.
Before we knew it, it was already around 7 p.m.
The office area and meeting room of the United Securities investment team.
Lingyun gathered several investment directors together to begin outlining the investment strategies for tonight and tomorrow morning.
After finishing this task, he prepared to leave the CIC headquarters by car, go home to rest, and spend the night with several beautiful women.
Just then, the conference room door was suddenly pushed open.
Chairman Lou strode in, bringing with him an expected bombshell announcement.
"Check the news! Just now, the Federal Reserve, along with the European Central Bank, the Bank of England, the Bank of Canada, the Swedish Central Bank, and the Swiss National Bank, simultaneously announced a 50 basis point interest rate cut!"
"This is the first time since World War II that major central banks have taken such a large-scale, coordinated action, which is likely to have a significant impact on international financial markets..."
"Whoosh!"
Everyone first looked at Chairman Lou, then quickly turned their heads to look at the large-screen TV and the electronic screen displaying stock market information!
"Wow! This is huge! I never thought something like this would actually happen. I've really seen something amazing today!"
"Six major central banks simultaneously cutting interest rates by 50 basis points—this is a huge move. I wonder if the international financial markets will rebound sharply?"
"That's incredible, Lingyun! Your predictions are so accurate. Could it be that you're secretly controlling the Federal Reserve?"
Ling Yun chuckled and shook his head with a hint of smugness.
"This coordinated interest rate cut by central banks worldwide was already predicted; it wasn't difficult to forecast. I just said it before everyone else!"
"As for the effectiveness of this joint market rescue, there's no need to worry. The downward trend in international financial markets remains unchanged..."
As he said this, he looked up at the electronic screen hanging on the opposite wall.
As expected, European stock markets reacted promptly after this major news broke!
Unfortunately, the strong rebound and sharp rise that countless bulls had been hoping for did not materialize!
The rebound in major European stock markets was short-lived and weak, so small that it could hardly be called a rebound at all!
Mr. Chen, who was sitting next to me, reached out and picked up the TV remote control, turning on the large-screen TV hanging on the south wall of the conference room.
This TV is always tuned to the financial channel, and it always shows international financial news.
As Lou Dong said, the Federal Reserve, along with five other central banks, simultaneously cut interest rates by 50 basis points, which has already caused a sensation in the international financial market!
The stock markets across Europe reacted negatively, much to the disappointment of many!
Seeing this, everyone breathed a sigh of relief.
Everyone was deeply impressed by Lingyun's accurate predictions.
Because of this incident, Lingyun postponed his departure from the CIC headquarters to keep an eye on the European stock market trend with everyone!
In the first half hour or so, European stock markets did rebound somewhat, but the rebound was very limited, only a little over 1%!
Half an hour later, European stock markets resumed their downward trend, quickly erasing the slight rebound they had just experienced!
Seeing this, Ling Yun smiled and gave his conclusion.
"European stock markets are stuck in this state; they will only continue to fall, with no possibility of a rebound. Each investment team should simply operate according to the established plan!"
"The US stock market, which opens later, will most likely open lower and plunge before rebounding strongly. We can try a different approach!"
"After the US stock market opens, everyone might as well watch the show for a while. Once the Dow Jones Industrial Average falls by more than 5%, various investment teams will enter the market and go long!"
"what!"
A gasp of surprise followed, and everyone was stunned.
After a brief moment of surprise, everyone's eyes lit up with excitement.
"You can turn your hand to make clouds and rain, your operations are too skillful! You've mastered international financial investment!"
"You can do it like this? This way, while we're reaping the rewards, we can also better conceal our tracks. Brilliant!"
"Haha, compliments always sound so nice!"
Ling Yun made a couple of jokes, then changed the subject.
"Everyone must remember, tonight's operation is extremely short-term. Before 3:00 AM, all investment teams must sell all their US stock holdings, leaving not a single share!"
"Then we'll short the market. We must complete this setup before 4 a.m. tomorrow. The coordinated interest rate cuts by global central banks could be completely ineffective, with serious consequences."
"When the US stock market opens tomorrow night, the darkest day of this financial crisis may arrive, and the most frantic crash may follow."
"If this happens, all commodities in the international financial markets could collapse across the board. I will be in command all day tomorrow..."
These words immediately caused an uproar in the meeting room.
"Splash!"
Chairman Lou and General Manager Chen simultaneously pushed back their chairs and stood up abruptly as if electrocuted.
They all stared wide-eyed at Ling Yun in disbelief.
"My God, is this the darkest day since the financial crisis started? Is it really that exaggerated?"
"Stock market crash, all commodities collapse—is this for real? This scenario sounds terrifying!"
Ling Yun glanced around the scene and nodded confidently.
"Whether it's true or false, we'll find out when the US stock market opens tomorrow night!"
Seeing his unwavering confidence, everyone was immediately filled with faith.
About fifteen minutes later, after arranging the investment strategies for tonight and tomorrow morning, Lingyun picked up her backpack and walked out of the office area, ready to take a car home!
Just as they arrived at the underground parking garage, Deputy Director Zhang suddenly called.
"There's a very important emergency that I need to discuss with you in person. Come to Fuyou Street, and then go home to rest!"
"Alright, I'm coming right now!"
Ling Yun nodded in agreement, but seemed somewhat surprised.
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