3 a.m. on Saturday.

The last trading session of the A50 offshore futures market has ended.

The index closed lower again.

Short positions continued to increase, and several key sectors targeted by the attack saw even deeper discounts.

When Zhao Qiang delivered the final data into the conference room, Chen Mo was still on the phone.

From New York to London, and then to Paris, Zurich and Abu Dhabi.

The days and nights of different cities are connected by a series of phone calls.

The lights in the Primordial Meeting Room remained on all night.

Lu Changming never called.

The Lu family did not send any messages to Chen Mo through any intermediaries.

Lu Jingyi stayed in Hong Kong, keeping her promise to protect Chuang Sheng, and did not try to contact her family again.

This silence completely separated the Lu family from Chen Mo.

There was no plea for help, no deal, and not a single hint.

3:27 a.m.

Arthur Grant was the first to give an answer.

"Grant Bank is willing to take the lead in arranging a 30-day revolving credit facility of $2.4 billion for you."

"The collateral includes securities you hold in your overseas proprietary trading account, GP interests in Genesis, and some shares in offshore companies."

"The first tranche of $1.2 billion can be deposited into designated margin accounts before Asian markets open on Monday."

"The remaining part requires cross-confirmation by the risk committees in New York and London."

Arthur paused for a moment.

"Ten percent annualized return, no bargaining."

"But if you want to put all your money in one direction, Grant will raise the margin requirements."

"Can."

Chen Mo did not bargain.

What he lacks most right now is not profit, but time.

"Furthermore, Goldman Sachs, Merrill Lynch, and Morgan Stanley are each willing to open up additional trading quotas."

"The three companies together account for $1.6 billion."

"These quotas cannot enter China and can only be used for A50, Hong Kong Stock Connect assets, and approved over-the-counter contracts."

"That's enough."

The domestic stock market and the overseas A50 index are two battlefields in the same war.

The opponent used the A50 to amplify the panic, so he fought back head-on from the A50.

"List."

Arthur's tone became more serious.

"Four billion US dollars is not a small amount."

"Even based on the collateral you provided, this is the fastest temporary credit line Grant has approved in recent years."

"I know." Chen Mo looked out at the dark city. "So this money will be settled according to business rules. Regardless of winning or losing, the principal and interest will be returned within thirty days."

Arthur chuckled softly.

"This is the Chen I know."

"I'll be sitting in the New York trading room watching you on Monday."

The phone hangs up.

The finance staff immediately entered four billion dollars into the operational plan.

At the current exchange rate, this is equivalent to approximately 25.6 billion yuan.

This is just a credit line from three banks and Grant.

The $900 million in cash and short-term Treasury bonds originally held in the proprietary trading account can also be quickly transferred to the margin account.

However, Chen Mo did not use any of the client funds of Creation No. 1.

Genesis One has an independent investment committee, trusteeship, and fund contract.

That five billion US dollars belong to the investors, not Chen Mo.

He can risk his own assets, but he cannot turn other people's money into bargaining chips.

Creation's self-operated accounts also do not directly enter the domestic market.

All overseas funds are only responsible for suppressing A50 short sellers, taking over corresponding Hong Kong stocks, and providing external support for the domestic counterattack.

Five o'clock in the morning.

Antoine's first email arrived.

Three European family offices, met at the St. Clair meeting, offered a combined $600 million in short-term loans.

The other two energy families will not participate in the loan, but will independently purchase Chinese assets on Monday under the names of their respective funds.

They did not demand a fixed return.

Each person makes their own judgment, places their own order, and bears their own risks.

All Chen Mo could offer was a list of observers compiled from publicly available data, and a promise that he would personally participate.

Abu Dhabi's reply arrived half an hour later.

A Middle Eastern fund manager who had previously received assistance from Chen Mo in Paris offered a $700 million limit.

He only asked one question.

"Mr. Chen, do you think Chinese assets are worth buying right now?"

"worth."

"That's enough."

The call ended immediately.

There were no roadshows, no weeks of due diligence, and no dozens of pages of investment prospectuses.

What these funds truly believe in is more than just a transaction plan.

The credit earned that night in Paris was now being converted into real money for the first time.

Before dawn, the confirmed amount of funds and funds overseas had exceeded five billion US dollars.

……

Saturday morning at 8:00 AM.

All departments were reassembled in the beginning.

The investment research team broke down the stocks held by Taichu No. 2 one by one.

The company's fundamentals, actual circulating shares, major shareholders, trading volume over the past ten days, margin balance, and channels that short-selling funds may use have all been reorganized.

The forty-seven stocks were eventually divided into three categories.

The first type involves companies without issues; the problem stems from Taichu No. 2's heavy holdings, which led to concentrated selling pressure from the other party.

The second category consists of companies with stable fundamentals but insufficient short-term liquidity; hasty purchases could easily reveal one's intentions.

The third category involves valuation and operational risks. Even if prices continue to fall, it is not advisable to forcibly prop up the price in order to maintain the net asset value of the second fund.

Chen Mo drew a horizontal line on the third category list.

"Give up all of these."

Zhao Qiang hesitated for a moment.

"Several of them are key holdings of Number Two."

"Main holdings do not guarantee that you will always be right."

Chen Mo said.

"What I want to save is Primordial II, not to take over all the falling stocks."

"We buy companies that are truly valuable."

"You have to accept the consequences of making the wrong judgment on a position."

Zhao Qiang nodded and put the third category of names away separately.

9:40 a.m.

The independent investment committee of Taichu III held an emergency meeting.

After several months of phased investment, Fund No. 3 still retains 1.87 billion yuan in cash and highly liquid assets.

Of the stocks targeted, twelve were already in the long-term observation pool number three.

After a continuous decline, the valuation has entered the third preset buying range.

The Investment Committee did not vote on the grounds of "Saving Taichu No. 2".

They only discussed the company's value, downside potential, and the risk-return profile of the No. 3 stock itself.

Ultimately, 1.87 billion yuan was granted full transaction authorization.

This money can only be used in accordance with the Taichu No. 3 fund contract.

It cannot be used to boost the index, nor will it be dumped into the market all at once after the market opens.

Chen Mo accepted all the restrictions.

11:00 AM.

The finance team of Xingchen Technology joined the video conference from Changhu.

Lin Wan hadn't slept all night, and there were obvious bloodshot eyes.

"The free cash in the Starry Sky Account cannot be completely withdrawn."

"Douyin, Xuchuang, Pinduoduo, and Qingjia have all made subsequent investments."

"I know."

Chen Mo said.

"The company will only take 5 billion yuan."

"The remaining funds will be raised through collateralized financing."

The value of Douyin shares indirectly held by Xingchen Technology is astonishing.

Only a very small percentage of them can actually gain the approval of banks in a short period of time.

The equity of unlisted companies lacks publicly disclosed prices.

Valuation discounts, difficulties in disposal, and approval authority can all lower the pledge ratio.

After reviewing the case overnight, several long-term partner banks were finally willing to provide a comprehensive credit line of 21 billion yuan.

Of this, 9.1 billion yuan is a bridge loan.

The 5.4 billion yuan should arrive before the market opens on Monday.

The remaining 3.7 billion yuan is reserved for intraday use and will be used in batches according to market fluctuations.

The remaining 11.9 billion yuan can only be used after the subsequent equity pledge registration is completed.

In order to save time, several banks signed conditional credit documents first.

Once the mortgage procedures are finalized, the money will automatically enter the standby fund pool.

Lin Wan signed her name at the end of the document.

"After this money is used, Xingchen's financial resources will shrink significantly over the next six months."

"It will only take one month."

Chen Mo answered.

"I will return the money in full in thirty days."

Lin Wan did not try to stop her.

"it is good."

"Leave the company to me."

Noon.

Xu Qing is still in the hospital. The deputy head of Xingchen Family Office arrived at Taichu with lawyers and a financial team.

All of Chen Mo's readily convertible cash, government bonds, and low-risk assets within China were accounted for.

After deducting expenses for medical care, family, and pre-planned investments, there is still one billion yuan available.

At this point, the new funds that Chen Mo can directly control and legally access in the domestic market have exceeded 10 billion yuan.

But that's still not enough.

The opponent had been lying in wait for weeks.

They possess domestic selling pressure, A50 short positions, public opinion, and a passive position reduction mechanism based on Taichu II.

To disable this network within a day, a sum of over 10 billion yuan is far from enough.

Starting in the afternoon, Chen Mo personally contacted the industrial capital and family offices that Taichu had previously dealt with.

"The account remains in your own possession."

"The custody, risk control, and final order placement rights remain unchanged."

"The Primordial Society will provide a unified list of research, price ranges, and risk boundaries."

"Those who are willing to participate will sign a temporary strategic advisory agreement."

"If you don't want to participate, then pretend today's phone call never happened."

The first to agree was an industrial investor from Taichu No. 3.

"Mr. Chen, I'll take two billion yuan."

"It's not about helping Taichu."

"If the companies on the list are really as cheap as you judge, I'd like to buy one myself."

The second company offered 1.5 billion yuan.

The third company was only willing to offer 500 million yuan as a trial.

Some people refused outright.

Chen Mo did not try to persuade them to stay, nor did he change the order of the list because of this.

By Saturday night, eleven domestic institutions and family funds had agreed to participate.

The total amount is 24.7 billion yuan.

These accounts belong to different entities and have different custodian brokers and risk control systems.

Getting them to coordinate by Monday is far more difficult than raising the same amount of cash.

Taichu Legal, external law firms, and compliance teams from various institutions drafted documents overnight.

Temporary strategic advisory agreement.

Transaction authorization confirmation.

Explanation of relationships.

For accounts that may jointly purchase shares in the same listed company and trigger the disclosure standards for equity, supplementary agreements for concerted action must be signed for each account.

This agreement does not mean that Chen Mo can dispose of the account at will.

It simply brings to the forefront any potential shared decision-making relationships.

Once the total shareholding approaches 5%, immediately cease purchasing and fulfill the obligation to disclose and raise the shareholding.

No single legal document can cover the entire market, much less allow hundreds of billions of yuan to bypass regulation and act arbitrarily.

What Chen Mo wanted was to seize the most precious few hours on the edge of the existing rules.

……

Early Sunday morning.

A huge battle plan covered the entire wall of the Primordial Conference Room.

The leftmost column lists 47 domestic stocks.

In the middle are the A50 index, Hong Kong stocks, and related derivatives.

The right side lists the source of each fund, the arrival time, the transaction boundaries, and the exit conditions.

Transactions between accounts are strictly prohibited.

False declarations are prohibited.

It is prohibited to accumulate buy orders that cannot be actually executed near the price limit.

All instructions must be for the purpose of actual possession.

The risk control team will monitor counterparties and abnormal quotes in real time.

The external lawyer finished reviewing the last document, his expression still grave.

"Mr. Chen, there are no problems with the overseas loan and mortgage procedures."

"Primordial III is also within the scope of its own contract."

"The real controversy lies with these eleven domestic accounts."

"The temporary strategy advisor privileges were activated too quickly; some original documents won't arrive until Monday."

"The explanation of the concerted action relationship and changes in equity has been uploaded, but it is impossible to obtain all the official receipts before the market opens."

"If subsequent reviews find the authorization process incomplete, both Taichu and you personally may face inquiries."

Chen Mo asked, "Is the transaction itself illegal?"

"According to the current plan, all purchases are genuine, with no wash trading, no false quotes, and no use of undisclosed information."

The lawyer carefully chose his words.

"The main risks lie in the timing of authorization, information disclosure, and the completeness of procedures."

"Then submit it first."

"But the receipt..."

"I can't wait any longer."

Chen Mo glanced at the time.

"Report everything that should be reported, and leave a record of everything that should be left."

"The trading process is fully open to the custodian, brokerage firm, and risk control system."

"I will take responsibility for the procedural issues afterwards."

His voice turned somber.

"Not a single criminal red line may be crossed."

"Anyone who dares to engage in wash trading, manipulate prices, or use fake orders to mislead the market will be immediately removed from the list."

The lawyer finally nodded.

"clear."

Upload the files one by one.

Scanned documents, electronic signatures, and fax confirmations are being sent to Taichu from all over the country.

Some filing systems have already shown that the application has been accepted.

Several documents are still pending processing.

The arrow is already nocked.

Chen Mo had no choice but to act first and report later.

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