After divorce, I can hear the voice of the future

Chapter 786 Morgan Stanley Announces Q3 Financial Results
I'm leaving Tokyo this afternoon.

The next morning, Lu Liang informed Sakurada Miyuki.

Because of Mitsui Takahei's words and Ota Rei's clear reply, Sumitomo Mitsui does not accept Ant Financial's transfer of PayPal's shares to Tianxing Financial.

Sumitomo Mitsui is a major shareholder of PayPal.

If it doesn't agree, even if Tianxing Financial reaches a private deal with Ant Group, it will only end up with ordinary shares without decision-making power.

Lu Liang decided to temporarily put aside the business in Japan and go to Seoul first to take over the market in Korea.

"Sir, don't you want Japan's payment market anymore?"

Sakurada Miyuki was curious, and Lu Liang had talked to her a lot last night, which gave her a general understanding of Tianxing Financial's follow-up plans.

Lu Liang plans to use Hong Kong as a base to extend Tianxing Financial's influence to the East Asian market, thereby sounding the horn for a counterattack against Wall Street.

Since Tianxing Financial assisted Hengtai in acquiring New World Development, HSBC was defeated and adopted a defensive posture. The Hong Kong market has stabilized, and the main battlefield next is East Asia.

Knowing that Lu Liang would be staying in Tokyo for a long time to come, Sakurada Miyuki did not show any reluctance.

"Yes! It's just not the right time yet."

Lu Liang squinted and said, "By then, the initiative will no longer be in the hands of Sumitomo Mitsui."

His first stop was Tokyo, with the intention of having a good talk with Mitsui Sumitomo.

However, the falling flowers are intentional, and the flowing water is ruthless.

Since words can't solve the problem, then fists are the only option.

Even if 500 billion yuan of Tianxing Financial's ABS issuance funds are frozen, there is still 2012 billion US dollars.

Including its own working capital and the funds of its quantitative division, the total exceeds $2300 billion.

The Hong Kong stock market is too small, and Lu Liang had promised Chen Jiebin that he wouldn't cause any market volatility in Hong Kong, so the daily utilization rate of this fund was less than 15%.

Money left unused in an account is a despicable waste; it should be put to use and let the world see what a real torrent of funds looks like.

Lu Liang anticipates the start of a period of decline for the Japanese yen.

Holding over $2300 billion in cash, shorting a country with a GDP exceeding $5 trillion.

This should allow him to eat his fill and establish a rock-solid foothold in the East Asian market.

Just as Lu Liang was temporarily bidding farewell to Miyuki Sakurada and heading to Seoul, Korea, JPMorgan Chase, an investment bank on the other side of the ocean, released its third-quarter financial report.

The company earned $42.81 billion in the first quarter, $43.21 billion in the second quarter, but suffered a loss of $219 billion in the third quarter.

The announcement was like a bolt from the blue, nearly devastating the North American capital markets.

Although there were previous rumors that Morgan Stanley hedged with Tianxing Financial in capital markets such as London gold and foreign exchange, resulting in huge losses.

However, rumors are just rumors, and since no one has confirmed them, JPMorgan Chase is also trying to curb the spread of the news.

So much so that although it caused a sensation at the time, it was only a short-lived and weak buzz, and soon no one paid any attention to it.

With JPMorgan Chase releasing its financial report
This matter has once again come into the public eye.

"My God, a loss of $219 billion in the third quarter, almost two years' worth of net profit?"

"No way? JP is going bankrupt? Is the Lehman Brothers story about to repeat itself?"

"The financial industry has a ten-year cycle, it's really true, another crisis is coming!"

"Shit, why did you have to choose this time to announce it?"

"Friday evening shows that JP also knows the seriousness of this matter."

"Think about it another way. Actually, it's a good thing that it was announced on Friday night. It shows that JP has prepared a response plan, but it needs to be prepared over the weekend."

"JP is not Lehman Brothers after all. It's the largest investment bank in the United States, with total assets of about three trillion US dollars and more than 5,000 branches. It won't file for bankruptcy so easily. Let's be patient. There will definitely be good news on Monday!"

"You still dare to have expectations for Monday? I suspect you've been paid by JP?"

"Publish our contact information so we can all make money together."

Foreign netizens and media outlets are discussing this extensively.

The related topic quickly made headlines in various countries.

The loss of over 20 billion US dollars was truly shocking.

It's important to know that among the more than 200 countries and regions in the world, more than half have an annual GDP of less than $20 billion.

Fortunately, JPMorgan Chase is the number one investment bank in the United States, and even though it has lost more than $20 billion, people still maintain their trust in it.

If it were some less reputable investment banks, there would probably be long lines outside their branches in various locations by now.

Once a run on the bank occurs, only destruction awaits.

While people abroad are worried that Morgan's losses might turn into a financial crisis that occurs every ten years.

After all, the last time was in 08, the time before that was in 97, and the time before that was in 87. The law of a ten-year cycle has never failed.

In contrast, domestic netizens took a slightly different approach, focusing their attention on Lu Liang.

After all, some foreign guy whose name I don't even know, Lav, gained millions of followers across the internet just by praising the University of Tokyo.

Moreover, Lu Liang is a native-born Chinese, with impeccable revolutionary credentials going back several generations, making it impossible for neighboring Korea to find a suitable reason to forcibly change his nationality. "Damn, Liangzi has quietly made headlines again?"

"If JPMorgan Chase alone lost $219 billion, how much money must he have made?"

“I don’t care how much he earns. Liangzi is not like other capitalists. I don’t dislike him at all. Besides, he doesn’t mess with the domestic market.”

"Forbes, come out and take your punishment! Hurun, don't run away either. This kind of money-making efficiency? You can only rank 11th on the rich list? What kind of gods and monsters are ahead of you?"

"A petition with ten thousand signatures: Let's not wait until the end of the year, let's re-rank the lists!"

"Who said Dongda University is a financial backwater? Well done, Liangzi."

Just as Ant Group's IPO was recently suspended, photos of Jack Ma wearing a white hat were dug up and used to criticize him.

As a result, in the public's mind, Lao Ma has become a lackey of the Squid Tribe Consortium, and his body and mind have become tainted.

Those who once idolized him now hate him just as much, and they desperately need a substitute to console themselves.

Lu Liang is the best candidate.
A grand movement to create a god-like figure has begun.

Meanwhile, at Seoul Airport.

As soon as the plane landed, Lu Liang received a call from Wilson: "Is GM Tianxing sure they'll announce their financing plan tomorrow?"

As some media scholars have speculated, JPMorgan Chase chose to release its earnings report on Friday evening to give itself two more days to prepare.

There will be a series of positive news releases during this period, and efforts will be made to minimize the impact of losses when the market opens on Monday.

The stock market is the easiest way to reflect a company's current situation, and it is hundreds of times more useful than any authoritative research institution.

If the stock price doesn't fall too sharply when the market opens on Monday, it means the market still has confidence in JPMorgan Chase.

The crisis reported in Q3 has been mostly overcome.

"Theoretically speaking, it will be announced tomorrow, provided there are no unexpected events."

Lu Liang smiled as he looked out the window and saw several luxury cars parked on the tarmac, with Zheng Xuanyi of Hyundai Group standing at the very front of the line.

He pointed, and Xu Jiawei understood immediately. He quickly walked out of the cabin to explain to Zheng Xuanyi that Lu Liang had urgent business and would be coming out later.

"No surprises? What do you mean?" Wilson's face darkened, realizing that Lu Liang was trying to raise the price.

He said coldly, "Lu, we've already reached an agreement."

JPMorgan Chase acquired a 5% stake in General Star for $1 billion, raising General Star's valuation.

Furthermore, there is a ten-year long-term contract. If Lu Liang has the idea, he only needs to pay $150 billion to acquire JPMorgan Chase's 15.55% stake in Tesla, becoming the second largest individual shareholder after Musk.

It's worth noting that Tesla's stock price has now returned to $200 billion, and that contract has already brought Lu Liang over $15 billion in revenue.

“Yes, it was agreed upon, but there’s still one contract that hasn’t been fulfilled yet.” Lu Liang smiled, his eyes crinkling.

I didn't have money before, but I do now.

He planned to have Wen Chao partner with JPMorgan Chase in the US to establish a company to acquire Tesla's shares, but ostensibly JPMorgan Chase would hold them on his behalf.

Since the new company is a collaboration between the two companies, JPMorgan Chase can openly hold a majority stake, allowing the news of the equity transfer to be announced without reporting to Tesla's board of directors, thus achieving a surprise effect.

Since the US froze $500 billion of Tianxing Financial's ABS funds, in Lu Liang's mind, their creditworthiness is so poor that it can't even be verified by scanning a shared bicycle.

Just as Tesla finished its correction and its market value returned to $2000 billion, it showed a continued upward trend.

If you don't want it now, and wait until Morgan Stanley recovers from its Q3 earnings crisis before asking, you might not be able to get it at all.

“No problem, I’ll get it ready. You can just have someone come and sign the contract on your behalf.” Wilson agreed immediately.

As long as he can weather the Q3 financial crisis, his life will be spared. Compared to his life and fortune, the group's interests are insignificant.

"It's a funding issue. You know, Delime's $500 billion was frozen by the IRS..."

Before Lu Liang could finish speaking, Wilson interrupted him coldly, saying, "Don't go too far."

Realizing he had misspoke, his tone suddenly softened: "You know, I will definitely help you if I can, but in this matter, unless Delime is willing to back down, the IRS will absolutely not unfreeze the funds."

Lu Liang's smile remained unchanged: "He has a new idea. Listen to it and see if it works."

He mentioned the advice given by Li Ka-shing to contact OFAC and apply for the enforcement of Section 31 of the amended law.

Wilson was surprised, not expecting Lu Liang to have such a thorough understanding of North American law. He said, "It's worth a try; the chances of success are not low."

"Can JPMorgan Chase contribute even a little bit to this matter?" Lu Liang asked.

"Let me think of a way, it should be possible."

Wilson, barely suppressing his anger, asked, "Is there anything else?"

"Well, let me think about it."

"land!"

The sound seemed to come from a throat, like the roar of a demon from hell.

Lu Liang smiled and said, "Camon, don't be angry. Don't you want to hear it? The next piece of news might be good for Morgan."

(End of this chapter)