The Great Sage Returns from Ten Years of Imprisonment
Chapter 328 Falling Through the Earth's Core
Before the meeting was even over, the Japanese and South Korean stock markets had already opened simultaneously.
As expected, both Japanese and South Korean stock markets opened sharply lower and plunged immediately after the opening bell.
Watching the Japanese and South Korean stock market indices plummet on the electronic screen, and hearing the cheers coming from the office area outside, everyone in the conference room was extremely excited.
At the same time, everyone felt a chill run down their spines and admired Ling Yun even more!
Fifteen or sixteen minutes later, the impromptu analysis meeting finally came to an end.
During this period, the stock markets in Japan and South Korea continued to decline.
When everyone left the office, both major stock markets had fallen by more than 6%, and the market was a bloodbath, a truly tragic sight!
The Hong Kong stock market and the A-shares market, which opened subsequently, also opened with a large gap down, but the decline was not as dramatic as that of the Japanese and South Korean stock markets!
Back in his office, Ling Yun sat down in his chair, turned on two computers, and began to examine and study the situation in the international financial markets.
During this period, he sent a text message to Chairman Zhao, mentioning the adjustment of the investment strategy, and asked Yuanda Investment to follow up quickly.
Just four or five minutes later, Chairman Zhao called directly.
As soon as the call connected, he excitedly said:
"Good morning, Lingyun. Your message is so timely! I've forwarded the new investment strategy to Wang Mian, and the Yuanda Investment and futures teams will follow up immediately!"
"With today's phenomenal market conditions, we can once again reap huge profits in the international financial markets!"
"I have two things to inform you: the two high-end commercial properties on Hong Kong Island that Goldman Sachs is compensating you for were taken over yesterday, and the title transfer procedures will begin today."
"The team that will be receiving data from Globe Television and eleven local television stations in North America arrived in New York this morning and will begin work once it gets light there."
"The second thing is that Wang Mian just received a call from the head of Barclays' Hong Kong Island branch. Barclays has decided to accept our terms and settle with Yuanda Investment..."
Upon hearing these two pieces of good news, Ling Yun was overjoyed.
"Fantastic! This is truly a series of good news. Goldman Sachs and Barclays have limited resilience; they gave in so quickly, making all my contingency plans go to waste!"
"In any normal year, it would be impossible for us to recover this debt from stock index option betting without a marathon lawsuit!"
"Given Goldman Sachs and Barclays's cunning and their enormous influence in the international financial markets, we are more likely to lose the lawsuit."
"Even if we win the lawsuit, getting the compensation smoothly, even just half of it, is incredibly difficult, like climbing to the sky. It's never been this smooth..."
Before he could finish speaking, Chairman Zhao on the other end of the phone laughed triumphantly.
He then echoed this sentiment with a few words of agreement.
"Indeed. In the past, I would never have believed that Goldman Sachs and Barclays, the leading banks in the international financial market, would bow down to Yuanda Investment!"
"Even now, when I think back to the whole story of this stock index options bet, and the moment the Goldman Sachs representative signed the compensation agreement, I still feel like I'm dreaming..."
Hearing Chairman Zhao's words, Ling Yun also laughed.
"Haha, this is reality as it is, only it's so beautiful it's almost unbelievable!"
"I'm sure this kind of wonderful thing will happen again in the future, and more than once. People will gradually get used to it..."
They chatted for a while before ending the call.
Lingyun then continued to examine the situation in the international financial markets.
As he watched the global stock markets plummet, the corners of his mouth curled up higher and higher, becoming harder to control than an AK47 firing in a burst of gunfire!
About half an hour later, he deliberately shifted his attention.
I began studying the established topics of the National Financial Work Conference, as well as my carefully prepared proposals, to ensure everything went smoothly!
Before we knew it, it was already around ten o'clock.
Outside in the trading area, everyone was busy, and the atmosphere was tense yet exciting.
The tension stems from the sharp declines in stock markets across the Asia-Pacific region, with each country and region experiencing an increasingly dire situation.
The excitement stems from the fact that all stock markets in the Asia-Pacific region have plummeted, and the United Securities investment team is shorting the market across the board. How could we not be happy?
Just then, a gasp suddenly rang out from the trading area.
"Holy crap! Look everyone, the South Korean stock market has crashed! Those Koreans have really lost everything this time!"
"brush!"
Everyone quickly looked up, all turning to the electronic screen or opening the South Korean stock market information interface to check the relevant situation!
as predicted!
The South Korean stock market just plunged by more than 10.6%, triggering a circuit breaker and halting all trading!
The Japanese stock market fared no better, with a drop of over 9.5%. Although not as dramatic as the South Korean stock market, its total market capitalization evaporated many times more than that of the South Korean stock market!
Amid the sharp declines in Japanese and South Korean stock markets, Hong Kong stocks and other Asia-Pacific stock markets accelerated their fall, plunging like a race against time!
For example, the Hong Kong stock market, which was originally fluctuating around -6%, suddenly accelerated its decline, instantly falling by more than -8%!
Everyone was stunned by this sudden turn of events; they were all speechless with disbelief!
"Holy crap! Black Friday is actually here!"
"That was brutal! No wonder he's my idol, Ling Yun is absolutely amazing!"
Amidst gasps of surprise, everyone turned to look at Ling Yun's office door, hoping he would appear and give clear instructions!
However, Ling Yun seemed to be asleep in his office, making no sound at all!
He can remain calm, which is rare for others.
Just three or four minutes later, General Manager Chen and two other investment directors hurriedly knocked on the door and entered the office.
As soon as he closed the door, Mr. Chen asked impatiently:
"The South Korean stock market has just triggered a circuit breaker and trading has been suspended. The Japanese stock market has fallen by more than 10%. How should we respond?"
"Should we close the position immediately and secure our gains, or continue shorting, holding the position according to your investment strategy until next week, and then decide what to do next?"
"It has to be said that the stock market crash in Japan and South Korea is a bit crazy; it's terrifying to watch. If it continues to fall like this, both Japan and South Korea will go bankrupt!"
"What if the Japanese and South Korean stock markets rebound sharply next Monday? In that case, we might be getting our hopes up for nothing, and it would be better to close our positions immediately and secure our profits!"
Ling Yun looked at President Chen and the others, shook his head with a smile, but his tone was resolute.
"Everyone, please be patient. It's not time to take profits yet. We'll gradually close our positions and exit the market next Monday and Tuesday!"
"I made this decision because I judged that the international financial markets would likely continue their downward trend next Monday, just not as drastically as today."
"Even with significant positive news over the weekend, today's crazy plunge won't be enough to completely offset the downward momentum by Monday. We have time to react..."
Hearing his analysis, President Chen and his team felt much more at ease, and the worry in their eyes vanished.
A dozen minutes later, they left Lingyun's office and went about their own business.
Ling Yun still didn't show up until lunchtime, when he came out of his office and went to lunch with President Chen and the others!
At this point, the Asia-Pacific financial markets had plummeted beyond recognition!
While wailing filled the air, the investment teams under Ling Yun's command were in stark contrast, with cheers ringing out incessantly!
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