The Great Sage Returns from Ten Years of Imprisonment
Chapter 372 The Focus of the Audience
After lunch, Ling Yun left the mansion by car to attend the third preparatory meeting for the Global Financial Summit.
Yanzi and Leilei stayed home, planning to go shopping later and then go home to have dinner with their parents.
About twenty minutes later, Ling Yun arrived at the People's Hall and entered the venue.
Upon seeing him enter, the other members of the delegation, who were chatting in small groups, stopped talking and turned to look at him.
Even though this wasn't the first time they had met him, they had interacted with him at the previous two preparatory meetings, got to know each other, and exchanged pleasantries.
When they saw him again, everyone was still secretly amazed by his youth and filled with envy.
Several delegation members who knew Ling Yun near the entrance walked towards him with smiles.
Coincidentally, they were respectively Director Li of the Civil Aviation Administration of China and General Manager Kong of China National Aviation Holding Company, and were very familiar old friends.
They will also be traveling with the delegation to Washington for the Global Financial Summit.
However, their main task was not to discuss how to resolve the financial crisis, but to negotiate with the United States on the mutual opening of the aviation market.
Some of these issues involve financial markets, such as aviation fuel procurement and purchasing passenger planes from Europe and the United States, which is why they travel with the delegation.
Upon approaching and exchanging greetings, Director Li immediately asked in a low voice:
"Lingyun, over the past two days, international crude oil futures have continued to plummet, with international oil prices falling below $60, showing a strong tendency to crash through the earth's core."
"At this rate, it seems only a day is coming for international oil prices to fall below $40. When do you think international oil prices will fall below $40?"
Ling Yun smiled calmly and gave a firm and resolute answer in a low voice.
"The downward trend in international oil prices is unlikely to change in the short term. Once the news of OPEC's production cuts is confirmed, international oil prices should fall below $50 next week."
"Then it will continue to decline, and the date when it falls below the $40 mark will definitely not be later than the end of the year, that is, the end of December, which will be over in the blink of an eye..."
Upon hearing this, Director Li and General Manager Kong's eyes lit up with excitement.
"Great! After waiting for so long, this day has finally come!"
"In such a short time, international oil prices have plummeted from a peak of $147 to $40. It's absolutely insane! God knows how many people have lost everything because of this!"
After a moment of reflection, Director Li returned to the main topic.
"According to the agreement we signed, once international oil prices fall below $40, the joint investment team must immediately liquidate its positions and exit the market, and our cooperation will officially end."
"By then, the civil aviation system will launch the largest fuel stockpiling operation in its history, storing large quantities of fuel for future operations and reducing costs!"
"But here's the problem: what if international oil prices continue to fall after dropping below $40? If we sell off our holdings too early, won't we be forfeiting some profits?"
"With airlines starting to stockpile fuel around $40, their costs can't be kept to a minimum. Given that, shouldn't we postpone our liquidation and exit the market?"
Without the slightest hesitation, Ling Yun firmly shook his head.
"First and foremost, let's be clear: we're playing a capital game, and the instrument is international crude oil futures."
"Since it's a game of capital, one of the biggest taboos is trying to make the last penny. Doing so often leads to falling into a trap, because nobody knows where the lowest point is."
"In my opinion, we should stick to the original plan, only earn what we can, leave some room for the market, and not try to make the last penny."
"You have to understand, this is oil, not water. Even if the price goes low, there's a limit. $40 is already low enough; it can't go down much further."
"In that case, why should we risk it all for a few dollars? It's not worth it at all. Like I told you before, we need to tone it down now."
"We've made too much money in the past period, enough to drive countless people crazy with envy. It's not a wise move to keep reaping the benefits now."
"That's why I asked the joint investment team to switch to a medium- to long-term strategy, wait for international oil prices to fall below $40 to make a killing, and then quickly exit the market, disappearing without a trace..."
As he analyzed and explained, Director Li and General Manager Kong all fell silent.
There was a hint of reluctance in their eyes, but everyone understood that Ling Yun was absolutely right: airlines should not be too greedy!
Since the start of their collaboration, Ling Yun's series of miracles have further convinced them that his judgment could not possibly be wrong.
In a short while, Ling Yun had finished his analysis, and his stance was very firm.
Director Li and General Manager Kong exchanged a quick glance, preparing to nod in response.
Just then, the voice of Yi Xing, the deputy governor of the People's Bank of China, suddenly came through.
"Hey, Xiaoling, you're here at the perfect time. I have a few things to discuss with you."
Director Li and the others immediately stopped talking and turned to look.
At the entrance, Zhou Xing and Yi Xing from the People's Bank of China, along with several high-ranking officials from the People's Bank of China and the State Administration of Foreign Exchange, entered the venue and walked straight toward Ling Yun.
Upon seeing these important figures, Director Li and his team smiled and nodded in greeting.
Zhou Xing and the others nodded and greeted each other politely.
However, Zhou Xing and Yi Xing's gaze remained fixed on Ling Yun, their eyes filled with admiration.
After exchanging greetings, Yi Xing stepped forward, gently patted Ling Yun on the shoulder, and murmured a series of reflections.
"The international financial markets have moved exactly as you predicted over the past few days—it's incredible!"
"Everyone says you're a rare investment genius, and this time I've truly seen it for myself. You absolutely deserve it!"
Yi Xing knew perfectly well that Ling Yun was cooperating with the Civil Aviation Administration of China and various airlines to secretly disrupt the international crude oil futures market.
That's why he didn't avoid speaking to Director Li and the others when he said these words; he just deliberately lowered his voice!
It's worth noting that Yi Xing also serves as the Director of the State Administration of Foreign Exchange!
How could Ling Yun's collaboration with the Civil Aviation Administration and various airlines to secretly disrupt the international crude oil futures market possibly escape his notice?
The same applies to the United Securities investment team, which Yi Xing is equally well aware of!
In fact, without the covert cooperation of the State Administration of Foreign Exchange, Lingyun's series of international investment operations could not have been carried out!
As soon as Yi Xing finished speaking, Ling Yun quickly responded in a low voice:
"You flatter me too much, Yi Xing. How could I dare to presume to teach you my humble skills in front of you all!"
"Just like I told you before, I only happened to catch the wave of this financial crisis and thus gained some attention..."
Yi Xing and Zhou Xing simply laughed off his self-deprecating remarks.
Their understanding of Lingyun's strength was even more detailed and profound than that of Director Li and General Manager Kong, so they naturally wouldn't take these self-deprecating words seriously.
After chatting for a few more minutes, Yi Xing grabbed Ling Yun's arm and led them to a few empty seats. They sat down together and discussed things in hushed tones.
The things Yi Xing mentioned were either related to the recent trends in the international financial markets or to the upcoming global financial summit.
These matters undoubtedly tickled Ling Yun's sore spot, something he was very good at.
The small-group discussion lasted for nearly ten minutes, until the meeting was about to begin, at which point it had to end.
Yi Xing and Zhou Xing got up, still wanting more, and walked to their respective seats in the front row.
As they parted, Yi Xing gently patted Ling Yun on the shoulder.
"Don't rush to leave after the meeting. Let's discuss the reform of the international financial market order, which should be the core topic of this financial summit."
Lingyun could only nod in agreement to such a request.
"Okay, easy, I'll be there whenever you need me."
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