The Great Sage Returns from Ten Years of Imprisonment

Chapter 279 The Light Lies in the East

"That's great news! Congratulations to all the airlines, you've made another fortune!"

Ling Yun smiled and nodded, then offered a few more reminders.

"Everyone, don't forget to inform the investment departments of all airlines that they must complete the short-to-long position reversal before 5:00 AM, and go long on existing international futures contracts."

"I predict that many momentous events will occur in the international financial markets over the weekend, which will have a significant impact on the trend of international oil prices at the beginning of next week."

"Based on the current situation, it's almost a certainty that international oil prices will open significantly higher next Monday, and they may even surge throughout the day."

"But this retaliatory rebound will not last. This short-term reversal is mostly a very short-term operation. If international oil prices rise by more than 10% next Monday, all airlines will immediately liquidate their positions."

"Then, before the market closes, they will reverse course again and continue shorting crude oil futures. The investment departments of each airline must grasp the rhythm well and not be greedy, otherwise it will only backfire..."

The investment directors exchanged glances and nodded excitedly in unison.

"Okay, Lingyun, we'll notify the airline's investment department immediately. Thank you for your guidance!"

"Wow! From what you're saying, international oil prices will surge by more than 10% next Monday, which means airlines will make a fortune again!"

"Financial investment is still the most profitable. It's so easy to make money this way. In just a few months, airlines have earned enough to cover the profits of the next few decades!"

Ling Yun glanced at everyone and smiled as he echoed their sentiments.

"This is a once-in-a-lifetime opportunity. Now that we've got it, we must seize it and make a fortune!"

"But everyone must remain clear-headed and not treat this special situation as the norm. Airlines will ultimately have to return to their core business!"

As they were talking, everyone had arrived at the meeting room door.

General Manager Kong and General Manager Sun were waiting at the conference room door, all of them beaming with smiles and extremely excited!

The reason they came to the CIC headquarters was the same as that of Mr. Lou and his group downstairs: they were all attracted by this super market opportunity.

Faced with such a wildly volatile market, they can only truly feel at ease if they are on-site and witness it firsthand!

After exchanging greetings and pleasantries, everyone walked into the conference room together.

After the door closed, Mr. Wang, the general manager of China Eastern Airlines, suddenly stepped forward, patted Ling Yun on the shoulder, and sincerely expressed his feelings.

"Thank you, Lingyun. If it weren't for your timely reminder and assistance in helping China Eastern Airlines escape the trap of Goldman Sachs' fuel hedging strategy, we would be in serious trouble!"

"At today's international oil prices, we will not only lose all our hedging profits, but also have to pay Goldman Sachs tens of millions of dollars in additional margin."

"What's worse is that this is a bottomless pit. If international oil prices continue to fall, China Eastern Airlines' losses will amplify indefinitely, and no amount of money will be enough to cover them!"

"The situation is different now. Through our cooperation with you, we not only successfully escaped Goldman Sachs' trap, but also made amazing profits in the financial markets..."

His remarks immediately drew unanimous agreement from several other bigwigs.

Like Mr. Wang, they were all still shaken by the crazy plunge in international oil prices, but also felt a sense of relief that they had turned misfortune into blessing.

From the perspective of the various airlines, they are naturally grateful to Lingyun.

As usual, Ling Yun exchanged a few polite words, and didn't forget to remind General Manager Kong and General Manager Sun.

Don't get carried away, and don't act on your own initiative. As long as you follow your own strategy, you can make a fortune even with your eyes closed!

Otherwise, you'll just be asking for trouble, and you might even lose everything!

As they spoke, everyone had already sat down at the conference table.

After a few casual words, the meeting officially began.

Meanwhile, the US stock market continues to experience severe volatility, while the downward trend in the international crude oil futures market is gradually easing.

European countries, whose markets closed with sharp declines, introduced various market rescue measures, but to no avail.

The same applies to the US government, the Federal Reserve, and Wall Street.

During trading hours, the US stock market continuously introduced various market rescue measures and made repeated statements to the market in an attempt to stop the financial market from continuing to plummet.

Unfortunately, the market simply doesn't buy it, and it still looks like it could collapse at any moment.

Faced with this situation, from the Asia-Pacific region to Europe and the United States, all financial policymakers and even the vast majority of participants in the international financial market are bewildered!

In this situation, how should we save the market?

What kind of rescue policies should be adopted to pull the international financial market back from the brink of collapse?

For a time, no one could find the answers to these questions, and the entire international financial market was shrouded in a cloud of despair!

There were a few exceptions, including Ling Yun!

They are watching the fire from the sidelines like bystanders, even enjoying the spectacle!

They will only make their move when the right opportunity arises!

Wall Street, the trading floor of the New York Stock Exchange.

From the moment the US stock market opened, panic quickly enveloped the entire trading floor, filling it with frustration and disappointment.

Many traders and analysts looked up and stared intently at the real-time market data on their electronic screens, hoping for a miracle, only to be met with disappointment.

"Fuck! First National Bank has fallen by over 60%, and two of my major clients have gone bankrupt. They might just jump off a building today!"

"Look everyone, General Motors' stock has plummeted another 30%, the lowest since World War II. Over sixty years of development have been wiped out in an instant!"

"It's over, completely over! If we can't come up with an effective way to save the market by the weekend, everyone will be jumping off buildings next week!"

Just as everyone was lamenting, someone suddenly shouted:

The G7 finance ministers issued a forward-looking statement, consisting of five main points, aimed at rescuing international financial markets from collapse!

Upon hearing the shout, everyone turned to look at the large television screens broadcasting financial news.

Almost simultaneously, the G7 finance ministers' forward-looking statement was broadcast on television.

At first, everyone was full of hope that the G7 finance ministers' meeting could come up with an effective rescue plan!

Unfortunately, hope soon turned into despair!

What followed was a barrage of angry curses and furious outbursts.

"No specific amount, no timetable, no implementation details—are these damn idiots' brains filled with shit?"

"Fuck! What are these idiots doing? I'd be a hundred times better as finance minister than these morons!"

"Damn it, if this keeps up, the international financial markets will be completely finished!"

Amidst the rising and falling cries of furious curses, some quick-thinking traders had already begun to sell off their holdings at breakneck speed!

They clearly see that the empty forward-looking statement from the G7 finance ministers' meeting will only accelerate the plunge in financial markets and will not have any effect on saving the market!

Things unfolded exactly as they had predicted.

As expectations of a G7 meeting to rescue the market failed to materialize, market sentiment quickly turned from hope to despair, and the US stock market began to plunge rapidly near the close!

With the market rescue attempts of European and American countries failing once again, countless investors are fleeing the market, selling off their shares at any cost!

Taking this opportunity, several investment teams under Ling Yun's command, as well as several state-owned financial institutions and teams, were involved.

They all quietly completed a complete short-to-long reversal, secretly making moves to frantically buy up countless blood-stained chips!

Then, until the close of the US stock market, the three major US stock indexes did not rebound.

At 4 a.m., US stocks closed with a sharp drop!

At the very last moment of the market closing, countless investors around the world broke down in tears, losing everything overnight!

Many people went straight to the rooftop, and then, in despair, jumped off, becoming aerial acrobats!

Hai Zi, in a brightly lit office.

"call!"

Vice President Wang let out a long sigh of relief and relaxed a little.

Then, he smiled and looked at the finance minister opposite him.

"Let it sit for five minutes, then call the finance ministers of the G7 and teach these foreigners how to save the market!"

"Before revealing our hand, let's discuss our demands and conditions. There's no such thing as a free lunch!"

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