After divorce, I can hear the voice of the future

Chapter 380: On the contrary, less profit equals loss
"Wen Chao, Mr. Ota is so enthusiastic, why don't you accompany him to visit Nandu in a few days?"

Lu Liang laughed and teased, as if he didn't care about it.

Ota felt vaguely uneasy, and then said seriously: "Mr. Lu, I hope you can give us another chance. In the name of the rotating chairman of Mitsui Sumitomo, I promise you that this is the first and last time."

Or maybe the request was a bit cheap, but he suddenly hoped that Lu Liang could calm down a bit, or make some requests, and he didn't care, as if this was their last time working together.

Because even as they were talking, the Japanese yen had fallen below 125, a drop of 122 basis points, and the most resistant RMB was about to fall below 6.70, a drop of -0.1%.

They mobilized 200 billion U.S. dollars in funds and quickly entered the foreign exchange markets of four countries. In just a few minutes, the total profit reached 7.8 million U.S. dollars.

If we wait a few more hours until the market fully digests the impact of the Fed's rate hike, the conservative estimate is that the profit could be around US$14 billion.

Raising tens of billions of dollars overnight is not a dream, it can be called money grabbing, and a nuclear-powered money printing machine is no more than that. They don't want it to be the last time.

As long as it holds on to Lu Liang's thigh, perhaps in the near future Sumitomo Mitsui will be able to replace Mizuho and become the largest commercial bank in Tokyo.

Lu Liang chuckled and said, "It's human nature to be suspicious. Mr. Ota doesn't need to blame himself."

He paused, then said, "Mr. Ota, I have something to say to Wen Chao."

"Mr. Lu, thank you for your understanding. Please let me know if you have anything to ask."

Ota breathed a sigh of relief and walked aside, trying not to disrupt their conversation.

"Mr. Lu, go ahead." Wen Chao said, implying that they could talk now.

Lu Liang changed the subject and said in a cold tone: "Take whatever he gives you. We cannot stop cooperating with Sumitomo Mitsui for the time being."

He needed to borrow funds from Sumitomo Mitsui to explore the reality of the Bitcoin market, and he also needed funds to continue investing in Detroit.

Otherwise, with his previous temper, when someone questioned him just now, he would have let Wen Chao leave without looking back.

Wen Chao nodded, understanding Lu Liang's intention.

Ask when the market will end and when they should withdraw.

"Wait for me to notify you."

Lu Liang looked at the account profit and loss. They invested more money, had a higher leverage, and the timing was more appropriate.

The foreign exchange markets of the four countries have an average profit of US$4.2 million per market, and the current total profit is US$16.8 billion.

Except for the US dollar, currencies of various countries continued to fall, and they planned to withdraw as soon as the RMB fell below 6.7.

If all goes well, the total profit of Tianxing Private Equity tonight should be able to reach more than 30 billion US dollars.

It is still necessary to maintain an ambiguous relationship with Wall Street. Tonight he feels unprecedentedly moist.
There was no resistance and it slid in easily.

Wilson is also shorting the Japanese yen and the British pound. He just called to ask if the funds on the field are his?

Lu Liang replied that the other party had flattered him to no end and was simply admiring his financial acumen, and that was all that followed.

Everyone knew it tacitly and seized the opportunity to short the currencies of various countries except the US dollar and reap global wealth.

It is indeed easier to make money by going along with the crowd than by being a maverick.

Wen Chao suddenly became embarrassed: "Mr. Lu, can we not go to the silver party in Nandu?"

To put it nicely, it was a summer festival organized by the Nandu Group, but the guest performers were a group of female teachers. To put it bluntly, it was a silver party.

He plans to wait until this project is finished, and if he has no other work arrangements afterwards, he will propose to his girlfriend and get engaged.

Lu Liang was speechless, then smiled and said, "Then you should explain it clearly to Tai Tian Ling and accept whatever he gives you."

It doesn’t matter whether the silver party attends or not, the key is to let Ota Ling know that Wen Chao accepts his kindness.

Just like some patients in China, if the doctors and anesthesiologists do not accept red envelopes, they will not feel at ease lying on the operating table.

Lu Liang added: "Congratulations in advance on your success, but I still have work to do for you later."

Wen Chao hurriedly said, "Boss Lu, please rest assured that you and your work always come first."

Although it may sound like he was just trying to flatter someone, it was also what he really thought. The engagement was just an explanation for their ten-year relationship, and work still came first. Lu Liang laughed and scolded, "Stop being so hypocritical. You can get ready. I'm planning to leave."

It is three o'clock in the morning in Beijing time, evening in Europe, and afternoon in North America, which is the most active time for international market trading.

Except for the US dollar, the currencies of the four countries and except for the RMB, the other three currencies seemed to have no support points and fell below -1% one after another, digesting this wave of interest rate hikes for the US dollar.

Lu Liang first invested 80% of his position in the currencies of Europe, the United Kingdom and Japan, and when the market started, he added another 10% position.

Now that the outcome of the battle has been decided, their funds have begun to be withdrawn in an orderly manner, closing positions and taking profits. Only the RMB exchange rate remains strong, with the decline hovering around -0.2%.

The 6.7 level was slightly broken, but then immediately pulled back.

The strength of the world's second largest economy immediately attracted speculators from all over the world.

As the saying goes, sharpening the knife is for pigs and sheep.
The fatter the pig, the more meat it has, and the more juicy it is.

"Mr. Lu, all positions have been closed, and only the offshore RMB is left."

Sun Yutao reminded softly.

Lu Liang groaned: "Let's retreat."

These words were not only spoken to Sun Yutao, but also to Wen Chao who was far away in Tokyo.

He knew that the RMB was very strong, but he didn't expect it to be so strong that global speculators could not conquer it for a long time.

The fact that it has fallen below 6.7 is a fait accompli, but it is obviously unrealistic for it to fall as much as Europe, the UK and Japan, almost collapsing.

They didn't make much in the RMB market, only US$4.8 million, but fortunately they didn't invest much either.

First, he held half of his position, then increased his position twice, totaling about 61.15% of his position, totaling US$7.88 billion, and the profit rate of closing the position was %.

With Lu Liang's order, $60 billion of funds were liquidated instantly and the RMB exchange rate returned to starting at 6.6.

Wen Chao, who was far away in Tokyo, also began to direct Sumitomo Mitsui's traders to close positions and ship goods in an orderly manner.

This time, no one objected.

Because the Ota order said that anyone who still hesitates or doubts should get out of Sumitomo Mitsui.

At this time, Lu Liang received another call from Wilson: "Lu, have you evacuated?"

It was obvious that the tone was of calling for punishment. More than 10 billion US dollars were liquidated in the RMB market, like a bucket of ice water in winter, poured on the head of every speculator who wanted to short the RMB.

The situation was originally tense and the RMB exchange rate could not be lowered for a long time.

Lu Liang suddenly became a deserter, causing the short-selling army to lose the desire to attack.

What’s even more terrible is the foreign exchange market. First-tier foreign exchange trading platforms such as FXCM, Forex and XM Forex all come with 400x leverage.

A drop of 0.01% may cause retail investors to liquidate their accounts, even though they may have only a few thousand or tens of thousands of dollars in capital.

Even if it is magnified 400 times, it is only a few hundred thousand or a few million, but it cannot withstand the huge number of retail investors.

At this time, Lu Liang acted as a deserter, which directly triggered a frenzy of retail investors closing their positions, which was like a severe stab in the back for them.

Lu Liang smiled and said in a relaxed tone, "You don't think that Dongda has no measures to counter the Fed's interest rate hike, do you?"

Wilson advised earnestly: "We know that the East will definitely have countermeasures, but if we work together, we should be able to hit 6.8 tonight."

"Wilson, next time you should tell me your expectations and goals in advance, otherwise I won't know."

Lu Liang looked displeased, and took over the host's position, blaming them: "It's you who caused me to lose more than 400 million US dollars tonight."

He was filled with righteous indignation. Earning less meant losing money. If this had been made clear to him in advance, how could he not make money when he had the chance?

To put it bluntly, they still didn't treat him as their own.

He was heartbroken.

(End of this chapter)