After divorce, I can hear the voice of the future

Chapter 796 triggers Level 2 circuit breaker!

Chapter 796 triggers a Level 2 circuit breaker!

The circuit breaker mechanism refers to the measure taken in the stock market to suspend trading when the stock index fluctuation reaches the prescribed circuit breaker point. It is similar to a fuse in an electrical circuit, which will automatically melt and break when the current is too large to protect the safety of the circuit.

The original intention of the circuit breaker was definitely for the benefit of the market, and there is no doubt about that.

However, through Fuji TV's propaganda, the public is made aware that Japan's economy is currently facing internal and external troubles.

With the national treasury empty and surrounded by external threats, the cooling-off period following the circuit breaker was transformed into a period of agony due to human intervention.

The only effect of the ten-minute market closure is to further spread market panic.

At 2:10 PM Tokyo time, the Nikkei 225 index reopened.

In just three seconds, the index drop increased from -8.12% to -12.06%, triggering the Level 2 circuit breaker mechanism and closing the market for another 15 minutes.

Japanese investors stared at their stock market, where the words "trading suspended" reappeared, and suddenly felt a sense of exhaustion, numbness, and a desire for destruction.

They didn't even dare to open their securities accounts, fearing they would see a string of numbers they couldn't accept.

The yen plummeted, yet the stock market still suffered losses.

They suddenly recalled a scene from the old Three Kingdoms TV series they had watched years ago: "Oh, heavens, how cruel you are to me!!!"

A sense of despair and sorrow is spreading.

"Is this the influence of Lu Liang?"

The Tokyo Daily's statement has prompted international organizations, speculative capital, and individual speculators to reflect deeply.

Japan's economic structure is indeed flawed, which is why Lu Liang had the opportunity to short the yen.

But after all, it is the world's third largest economy, and just over a decade ago it was known as the hegemon of East Asia. It really doesn't deserve this.

After all, in just 18 hours since Lu Liang started shorting the yen, the yen foreign exchange and Japanese stock markets have lost as much as trillions of dollars.

Previously, some people called Lu Liang the Soros of the East, but after this battle, it is believed that Soros is just an old god, and Lu Liang is the new god of speculation.

Upon witnessing this scene, the neighboring Goryeo company was terrified. Samsung's Lee Jae-yong urgently contacted Hyundai's Jung Seon-eui, hoping that Jung Seon-eui could relay the message.

On behalf of Kakao Group's major shareholders, he strongly supported Ant Financial's transfer of all Alipay's business in Korea to Tianxing Financial, and sincerely invited Lu Liang to a small gathering.

The time and place are decided by Lu Liang. As long as Lu Liang is available, he will be available and will be there whenever Lu Liang calls.

On Fuji TV's financial news program, Lu Liang, through the words of several guests, exposed many unknown inside stories.

For example, the reason why Lu Liang shorted the Japanese yen was because of the lack of cooperation from Sumitomo Mitsui, which prevented Ant Group's business in Japan from being smoothly handed over to Tianxing Financial.

This reason is far-fetched. It's like ABC going into business together. A reaches a deal with C, but B disagrees, so A, in a fit of anger, raids B's base.

But in any case, it can be considered a 'legitimate' reason.

Lee Jae-yong suddenly realized that modern cryptocurrency trading platforms were contacting the Kakao Group to facilitate a collaboration between the two parties to further expand the cryptocurrency market.

This was originally a win-win project, because Kakao is essentially a financial payment platform that combines Alipay, Didi, and Meituan in Korea. If it were to integrate with a cryptocurrency platform, it could boost consumption in the financial market.

The more young people spend money, the higher their personal debt becomes, and the easier it is for capital to control them, just like the neighboring University of Tokyo, which uses housing to bind a generation's entire life.

However, this was followed by Lu Liang shorting the yen and Japanese stocks.

Lee Jae-yong gradually realized something was wrong. Jung Seon-yi was getting very close to Lu Liang, and Lu Liang had played a crucial role in Hyundai Group's rapid return to the ranks of top conglomerates.

In the Bitcoin battle alone, Lu Liang earned billions of dollars for Hyundai Group, not even counting the subsequent trusteeship of Bitcoin with Hyundai Group to establish a cryptocurrency trading platform.

If Hyundai Group's cooperation with Kakao was at Lu Liang's behest, then Kakao is in danger.

As you can see, Samsung Group's major shareholders, such as BlackRock, Vanguard, and Blackstone, have all been thoroughly bewildered by Lu Liang's attacks.

Neighboring, even more powerful Japan, whose then-Prime Minister Anzam is now forced to issue a self-criticism and perform the traditional art of 'private horse racing'.

If the danger can be nipped in the bud, Samsung Group's swift collapse is not shameful; on the contrary, it can be seen as a sign of wisdom and pragmatism.

“Mr. Lu, Chairman Lee of Samsung just called. He and Mr. Kim Bum-joo of Kakao Group would like to meet with you.”

Zheng Xuanyi looked frustrated, feeling a sense of helplessness, as if he had been excited to play the game but his opponent had already surrendered before he even started the match.

Reality is not a game, and Samsung Group is not a company to be trifled with.

If they were willing to let Tianxing enter the Korean market without bloodshed, Lu Liang would definitely accept this goodwill.

It's just a pity for Hyundai Group; their idea of ​​sitting back and watching the tigers stalk the horns while reaping the benefits has to be declared bankrupt.

After a moment's thought, Lu Liang understood Li Zairong's intention and said with a smile, "Have Chairman Li contact Secretary Xu. I might be going to Korea again the day after tomorrow. See you then."

He looked at the computer screen; An San was holding a press conference, first bowing deeply to express his private Marseille.

Subsequently, it was announced that the Bank of Japan would immediately use 20 trillion yen of its reserves, equivalent to approximately US$1639 billion.

A series of rescue plans were launched to resolutely prevent 'foreign capital' from taking away the wealth belonging to all Japanese citizens.

Once the bailout plan was announced, the stock market, which was still closed, was unable to react, but the foreign exchange market immediately stopped falling, rebounded from its lows, and began a tug-of-war between bulls and bears around the 120 yen level.

"Alright, then I'll be waiting for you in Korea."

Upon hearing the echo of the press conference, Zheng Xuanyi subconsciously glanced at the bottom right corner of the screen and noticed that it was temporarily muted.

This indicates that the sound did not originate from him; Lu Liang was also watching An San's press conference.

With the announcement of the market rescue plan, the capital market will definitely react, and he dared not disturb Lu Liang too much.

Lu Liang hummed in agreement and quickly ended his call with Zheng Xuanyi. Sun Yutao seized the opportunity and hurriedly asked, "President Lu, should we make a move?"

To short a country's currency using the most basic method, one must wait until the 21st of each month, the settlement date, before the short sellers can take their profits.

Today is the first day of November.

They need to hold on for another 20 days. If the yen rebounds during that time, it will be difficult to suppress it further.

At least today, the price cannot return to the 119 yen level. The market needs to know that the so-called bailout plan is nothing but a load of rubbish.

"If you don't have the skills, how can you take on a job you can't handle?"

Lu Liang squinted and said calmly, "Since they dared to intercept us, they will naturally take this factor into account. Ignore the foreign exchange rate and continue to suppress the Japanese stock market. We can't let it rise."

Although he was unhappy, he knew that he was now in the same boat as Wall Street institutions, with the common goal of shorting Japan.

He would hand over foreign exchange to them and take charge of the stock market. Regardless of which market he successfully suppressed, he would provide indirect assistance to the other party, and vice versa.

At 2:24 PM, in just one minute, the Japanese stock market will open for its third session of the day.

"You bastard, suffer death!"

"Bagaya Road!!"

Countless investors are eager to take out loans and mortgages to obtain huge sums of money, ready to buy at the bottom.

The Japanese yen index has set an example, rebounding quickly by 3 points and is about to return to the 119 level.

They believe that the Nikkei index will also bottom out and rebound, just like the yen index, and may even crush the short sellers.

A minute passes in the blink of an eye.

The moment the Japanese stock market opened, the trading volume exceeded one trillion yen in one second, setting a new historical record.

The Nikkei index fell throughout the day, and after two flash crashes, it showed a dotted line indicating a rebound for the first time.

The dotted line jumps directly by 5 points, and the Nikkei index is about to fall back to the -8% level, triggering the first-level circuit breaker.

At that very moment, massive amounts of shares appeared in various stocks across the market.

They forcefully wiped out the dotted line indicating an upward trend, preventing it from ever becoming a solid line.

The dotted line was fleeting; the Nikkei index continued to decline and quickly returned to below the second-level circuit breaker line.

Nikkei 255 Index: 20964 points
The market fell 12.65% that day, a drop of 3036 points.

"Nani?"

Japanese retail investors stood dumbfounded, staring at their leveraged accounts that had been liquidated and the huge losses in their accounts.

They don't understand why, even though the central bank used 20 trillion yen to rescue the market, it still ended in complete failure.
Is Lu Liang so powerful that even a country's central bank cannot withstand him?
Just then, someone on the forum said, "Go watch Fuji TV, you'll find the answers you're looking for there."

Upon receiving the news, retail investors flocked to Fuji TV's financial observation room.

Fuji TV's ratings skyrocketed, topping the charts for its time slot.

"Dear viewers, as you can see from the second circuit breaker, no matter what happens to the Nikkei index, there will be a rebound. Even if the rebound is ineffective, there will definitely be one."

"The reason why the dotted line was eaten is because a third party joined the camp of shorting Japanese stocks."

“From the channels through which the funds were used, we can see that the chips came from Mitsubishi UFJ Financial Group, Mizuho Financial Group, and Sumitomo Mitsui.”

"Truly worthy of being one of our country's top three financial institutions, they are still making a fortune off the national crisis."

Kenjiro Mitsuya, a professor in the Department of Finance at the University of Tokyo and a special guest in the observation room, looked on with a sneer.

When Ishikawa Maya invited him, he said that on their channel, people speak their minds and don't need to hold back.

If anything goes wrong, they will take full responsibility.

There's only one condition: don't speak ill of Lu Liang.

 Ibuprofen is so potent; after taking two pills, the nerve pain that throbbed every time disappeared.

  There will be a chapter later.

  
 
(End of this chapter)

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