After divorce, I can hear the voice of the future

Chapter 637 The best is yet to come.

"Mr. Lu, you flatter me."

Liang Wenhui quickly waved his hand, saying that he wasn't being modest.

Because he was both a party involved and an observer, and had firsthand information as a basis, he was able to analyze the problem from a macro perspective and understand Lu Liang's plan.

If he weren't involved and didn't have firsthand information, he would probably be just like those guys shorting gold, mistakenly believing that Lu Liang had abandoned London gold and switched to offshore RMB.

After all, when faced with a multi-institutional attack from Wall Street, a normal person would avoid it at all costs, let alone confront it head-on.

As the two were talking, a voice suddenly rang out in the trading room: "The offshore RMB has fallen another 65 basis points and is about to break through 6.89."

Lu Liang suppressed his smile and focused his attention on the market, while Liang Wenhui quickly returned to his post to monitor the AI ​​model.

The total market size exceeds 300 trillion RMB. Under normal circumstances, even if you add a zero after 500 million USD, it will at most cause some fluctuations, but it won't open up a downward trend.

But tonight is an exception. Due to the imminent implementation of the US tariff bill, the price has already fallen by more than 500 basis points.

It's a bit like a dam breaking; once the breach is made, at least until the market closes tonight, nobody knows how big the breach will get.

Although the State Administration of Foreign Exchange exists, there is also international public opinion oversight to avoid criticism. They generally conduct macro-control.

After all, exchange rate settlements have cycles, and even if it breaks 7 tonight, it doesn't mean it can stay above 7 for a long time.

"It might drop below 6.9 tonight."

"Be bold, break 7."

"With the US sanctions and the exchange rate falling below 7, life will only get harder for ordinary people in the future."

"This isn't a children's fight. This administration is really being irrational. They shouldn't be making enemies of the US."

As night deepens, every household turns off their lights and goes to rest, except for those working in the financial industry who are constantly monitoring the foreign exchange market.

Pessimistic sentiments are spreading across various financial forums and personal groups.

Although they forced the US team to retreat the year before last, which was very satisfying, they still had a record of defeating 17 opponents, so it was unexpected but not particularly unexpected.

Looking at the current trade disputes, which are taking place against the backdrop of dollar hegemony and economic hegemony, everyone feels a sense of powerlessness.

So much so that some people have the idea that taking a step back will open up a whole new world.

It's just imposing a 25% tariff on $340 billion worth of goods; let them do it. There's no need to take retaliatory measures.

After all, compared to the impact of the rapid depreciation of the RMB, the impact of such a small amount of tariffs is negligible.

The main issue is that the goods subject to additional tariffs do not include the industries they belong to.

However, the rapid depreciation of the RMB has brought them real losses.

There are quite a few people who hold this view.

Meanwhile, Wilson, on the other side of the ocean, also noticed the fluctuations in the foreign exchange market immediately.

The assistants nearby exchanged glances, and one of them couldn't help but ask, "Camon, is Tianxing planning to give up?"

“If he were to give up, he wouldn’t be Lu Liang.”

Wilson denied it outright, but then looked thoughtful: "But what's the point?"

Suddenly, his phone rang. It was a call from the head of BlackRock. The person on the other end said, "Camon, it seems Tianxing has given up. We should also pick up our plan to short the RMB again."

Unlike other institutions, BlackRock has always opposed allowing the RMB to fluctuate freely, thus focusing on London gold solely to strangle Lu Liang.

"Wright, don't worry, this might be what Lu Liang wants to see," Wilson said, his brow furrowed, trying to persuade him gently.

They have missed many opportunities to nip Tianxing in the bud, and if they fail this time, they will have even fewer chances in the future.

Wilson added, "Have you forgotten about Bitcoin? Lu Liang is like a nail firmly driven into it, and we have to think twice before taking any further action."

This is a once-in-a-lifetime opportunity. If we can settle things with him in the London gold market, even if it cripples him, he'll be more restrained in his future actions.

The more he once admired Lu Liang, the more he now feared him.

If Lu Liang is allowed to develop freely, he may become a major threat to Wall Street in the future.

Wright chuckled dismissively, and said sarcastically, "Camon, I hope you don't forget that, strictly speaking, it was you who advocated for accepting Lu Liang in the first place."

Wilson replied, "I know it's my responsibility, and I've never thought of shirking it."

Wright pondered for a few seconds before issuing an ultimatum: "I don't know what the other institutions are thinking, but if Tianxing's main force of funds hasn't come in by tomorrow afternoon, BlackRock will withdraw from London Gold."

Suppressing the RMB and inhibiting its internationalization has profound political implications, and he will absolutely not allow a situation where he loses the big picture for a small gain to occur.

"Are you going to get away again this time?" Wilson's face darkened. He knew this was an announcement, not a discussion.

For the sake of profit, brothers can turn against each other, and fathers and sons can become enemies, let alone large financial institutions.

The common goal of these institutions coming together is to divide up Lu Liang's $450 billion in funds.

But right now, Lu Liang has only symbolically invested several billion dollars in the London gold market. Even if all of this money is lost, the profits won't be enough for them to distribute.

Moreover, given the current situation, as long as Lu Liang is willing to cut his losses, his investment tonight will only result in a maximum loss of 10%.

Averaging that across the nine institutions, each would only make a maximum profit of 50 million, which is about the same as giving money to a beggar. In the next few minutes, Wilson received a series of calls from allies, such as Dyson from Citigroup: "Carmon, I really can't stand how Tianxing has grown to its current size, but the second quarter is about to end, and our asset management department is also under considerable pressure."

"If you need any help, just ask. However, Citibank may need to withdraw some of the funds it plans to invest in the London gold market."

"I understand, I understand." Wilson smiled wryly, after all, what else could he say besides "understand"?

Hugh Greck, a pioneer; Andrew Mellon, of the Mellon Foundation; and Aeneas of the Rockefeller Foundation.

The heads of the other eight institutions all called, and in the end only State Street and HSBC stood by his side.

Dowshire said, "Camon, why don't we cancel this plan for now? There will be plenty of opportunities later."

HSBC's Noel said, "Camon has clashed with you, Lu Liang, so many times, can't you see that this is his conspiracy?"

"Observe for another day."

Wilson sneered, fully aware of why the two organizations had such drastically different attitudes.

In recent years, Tianxing has developed rapidly, and State Street has maintained a long-term cooperative relationship with them, making a fortune.

Hilt himself was unwilling to betray them, but State Street's top management was persuaded by Wilson, so he had no choice but to carry out orders.

HSBC's firm stance stems from the fact that they provided the information and leaked the itinerary, which led to Meng Wanqiu's arrest at MIT.

Before the handover, Hong Kong had three top powers: HSBC, the Hong Kong Jockey Club, and the Governor of Hong Kong.

Among them, HSBC was the strongest, and at its peak, it dominated most of Hong Kong's financial sector.

Since Hong Kong's return to China, state-owned investment banks such as Bank of China, CITIC Bank, and Ping An Bank have made a major foray into Hong Kong, constantly eroding HSBC's market share, resulting in their profits and influence declining year by year.

That's why they betrayed Meng Wanqiu as a pledge of loyalty, successfully entered the core of Wall Street, and joined the alliance to strangle Tianxing.

HSBC has no way back and can only go down this path to the bitter end, becoming the vanguard and vicious dog of Wall Street against Dongda University.

If HSBC can successfully eliminate Tianxing in this battle, the significance for HSBC will far outweigh the benefits.

Both organizations, with their own differing motives, couldn't help but sigh upon hearing Wilson's words.

It was 4:30 a.m., as the night deepened.

As the closing bell rang for the US stock market, trading tonight came to a temporary close.

Although both London gold and offshore RMB are traded 24 hours a day, people aren't made of iron and need rest eventually.

The US stock market is a bellwether for global finance. Generally, when the US stock market closes, the global trading market enters a relatively calm period.

"6.8920, just 80 basis points away from breaking the 6.9 mark."

Sun Yutao was busy tallying the profits and losses of each group and compiling a report to submit to Lu Liang.

Tonight they used $68.22 billion, making a profit of $2.2 million in offshore RMB, but incurring a loss of $5.9 million in the London gold market.

The market investment in offshore RMB was only US$12.85 billion, while the investment in London gold was as high as US$55.37 billion.

Too little investment was made in profitable markets, while too much was invested in unprofitable markets. This resulted in a negative profit tonight.

"The best is yet to come."

Lu Liang smiled calmly, not taking the loss to heart at all.

They summoned Liang Wenhui, and the two of them went downstairs to the living area.

In a dimly lit, charming barbecue stall, the employees were dozing off.

Next to him, there were noodle stalls selling ramen, zhajiangmian, and other noodle dishes, making it look like a food street.

There are also physiotherapy rooms, gyms, department stores and other living facilities nearby.

You wouldn't even realize this is the 21st floor of an office building unless you walk right up to the window.

Tianxing Private Equity Fund Management Co., Ltd. is highly profitable, and at the same time, it also pays a high amount of tax each year.

The basic corporate income tax rate in China is 25%, of which 13% is mandatory, and the remaining 12% has room for manipulation.

However, no matter how much private equity firms engage in aggressive spending each year, they cannot use up the 12% tax deduction quota and have to hand it over to the state.

However, this situation should change this year, given that they support more than 300 employees working in the living area.

With a guaranteed monthly salary of 10,000 yuan, plus six types of insurance and two types of housing funds, the total monthly salary is 12,000 yuan, which can offset more than 40 million yuan in taxes per year.

The decor, ingredients, and daily necessities here are all up to the standards of a five-star hotel.

The amount of food wasted every day, along with daily necessities, is at least close to one million yuan.

Adding up all the expenses in the residential area, it's not difficult to get an extra 100 million yuan in tax deductions each year.

Lu Liang also likes to come over when he has free time.

This place is like the 42nd floor of Hengtai, except there are no prostitution, gambling, or drugs, no squatting dances, it's like a utopian society.

　There is still 10 o'clock

　　
　
(End of this chapter)