Huayu: From the Era of Ringtones to Becoming a Legend

Chapter 205: We've figured out their trump cards; let's get moving!

Zheng Liang looked at Lu Jiuge with shining eyes, rubbing his hands together eagerly and asking:

"Ninth Brother, are we officially declaring war?"

Zheng Liang's eyes were full of certainty. Even though he hadn't figured out the whole plan, he trusted Lu Jiuge from the bottom of his heart.

"No rush, now is not the time to act impulsively."

Lu Jiuge shook her head and explained:

"Having obtained the two licenses only means that the secret passage has been opened; it's still a long way from actually taking action."

"JPMorgan is an unshakeable top financial group across the entire world, let alone in the United States, their home base."

"If this gets out, Morgan won't even need to lift a finger; a simple statement from him will leave us with nowhere to stand in America!"

Zheng Liang took the two licenses from Lu Jiu's singing competition, his expression turned serious, and he quickly made a promise:

"Don't worry, Ninth Brother. Leave everything to me in the coordination with Davis. There won't be any problems."

After pausing, he added:

"And when I went to meet Davis, I didn't drive Jonathan's car, to make sure that no one with ulterior motives would notice."

Upon hearing this, Lu Jiuge felt much relieved and, unusually, teased, "..."

"Hey, Second Brother, I never thought you, this spoiled brat, could be reliable!"

"Of course, my dear brother-in-law!"

They exchanged a compliment and then burst into laughter.

After a pause, Lu Jiuge's expression turned serious:

"However, Liang, your main task going forward is to ensure the absolute safety of our funds!"

"None of these Wall Street capitalists are benevolent, and Davis is no exception. We must be very wary of them."

"My focus will now be on strategic planning. All the funds we've transferred from China will be under your management; there absolutely cannot be any mistakes!"

Zheng Liang glanced at Lu Jiuge, and seeing that he wasn't joking, he instantly tensed up:

"Ninth Brother, what is the scale of our operation in the United States this time?"

Staring at Zheng Liang, Lu Jiuge answered without hesitation:

"As mentioned before, Qianxing Capital and your Zheng family will invest a total of 20 billion US dollars in start-up capital."

"My goal is to increase the amount of funds to over $100 billion once this wave of the US subprime mortgage crisis is over."

"Only in this way can Qianxing Capital support its entry into Hollywood and achieve its goal of competing with Morgan Stanley."

"One hundred billion US dollars?"

Lu Jiuge's words made Zheng Liang tremble with fear.

Although Zheng Liang, who comes from a wealthy family, has heard of many business plans involving a hundred billion US dollars, he is completely unsure about managing them personally.

Lu Jiuge patted the flustered Zheng Liang:

"Look at you, so pathetic! I'm here, what are you afraid of!"

"Ah Liang, do your best this time. If our plan succeeds, I guarantee that the future leadership of the Zheng family will not fall into the wrong hands."

Upon hearing this, Zheng Liang instantly felt confident again. He took a deep breath, puffed out his chest, and declared:

"Ninth Brother, don't worry, I will definitely perform well and fight for the position of head of the Zheng family!"

"That's right!"

Lu Jiuge punched Zheng Liang in the chest, changed the subject, and asked:

"After your interactions with Davis's team, do you think they're reliable?"

"Very sturdy."

When this was mentioned, Zheng Liang was very confident:

"Although I spent my time in Hong Kong mostly hanging out and wasn't very good at business, I'm quite confident in my ability to judge people!"

Lu Jiuge nodded, trusting Zheng Liang's judgment, and stood up to walk towards the bedroom:

"That's the arrangement then. You'll be Davis's spokesperson, and he'll handle all subsequent actions!"

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"Take a good rest today, and we'll go to the Wall Street trading center tomorrow."

Lu Jiuge left after saying that and went back to her bedroom, closing the door behind her.

Zheng Liang dared not slack off in the slightest. He plopped down at his desk and frantically studied various financial materials, thinking that even if he had to cram at the last minute, he couldn't hold Lu Jiuge back.

……

The next morning.

Lu Jiuge and Zheng Liang did not drive, but took a taxi to the trading center hall.

There are many people coming and going here, including many Chinese investors, but no one paid special attention to the two of them.

Lu Jiuge slowed down, looking relaxed, like a curious foreign investor who came to visit. Instead of heading to the VIP office area, he strolled around the outer trading area.

After walking around, Lu Jiuge deliberately struck up a conversation with a few junior traders who were wearing intern badges.

He knew very well that these kinds of people had little say, were the least wary, and loved gossiping, making it relatively easy to get the most truthful information out of them.

Walking up to an intern trader, Lu Jiuge looked at the computer screen, which was filled with real-time trends of subprime mortgages and CDO bonds.

"Hey buddy. I've seen you keeping an eye on the subprime market. How's the market trend been lately?"

The young trader glanced at Lu Jiuge's ordinary attire, assuming he was just an average investor, and casually replied:

"It's been relatively stable, just a slight dip recently, which is just normal fluctuation."

"I've heard a lot of news about mortgage defaults lately. Isn't anyone in the industry worried?"

Lu Jiuge continued the conversation by asking further questions.

The trader chuckled and shook his head:

"Only a small number of low-income borrowers are unable to keep up with their repayments, which will not affect the overall market."

"The industry consensus is that this is just a short-term correction, and the market will definitely achieve a soft landing. All rating agencies and investment bank analysts have reached the same conclusion."

Lu Jiuge remained calm and continued to ask:

Are there many CDO bonds currently circulating in the market? Are they held by many people? Are they risky?

"Many institutions are increasing their holdings."

The traders were completely unsuspecting, treating it as casual conversation for amusement.

"It's considered a popular and stable asset, with impressive paper returns and all the financial statements looking good. Who would think it's risky?"

Another trader, also an intern, chimed in:

"Right now, the entire Wall Street sentiment is the same: everyone is going long, nobody is going short. This is just normal market fluctuation; there's no need to make a fuss about it."

Lu Jiuge listened silently, walking slowly and chatting with three or four junior traders from different positions.

By the time Lu Jiuge finished browsing the exchange for lunch break, she already knew everything about it.

As of January 2008, the subprime mortgage crisis had already been brewing in secret, with bad debts piling up at the bottom of the mortgage market, but all of this was kept under wraps.

Everyone only looks at the submitted financial statements, the surface revenue, and the book profits, focusing on the impressive upward data.

No one was willing to dig deeper, no one investigated the actual repayment ability of the borrowers at the bottom, and no one cared about the mountains of overdue and bad debts.

Everyone categorizes the current hidden dangers as insignificant normal market fluctuations.

The two did not linger, left no registration information, and had no contact with any management before leaving the trading center and returning to their villa.

Lu Jiuge leaned back in her chair, closed her eyes, and began to review all the data she had collected today by comparing it with her memories from her past life.

In January 2008, the crisis was just beginning. Although the subprime crisis was already brewing, the surface appeared calm.

He suddenly opened his eyes, a determined glint in them, and turned to look at Zheng Liang:

"Ah Liang, the success rate of the strategy is higher than expected. The best time to enter the market has arrived. Call Shu Yi immediately and mobilize all the funds!"

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