The global capital market was in an uproar, no one expected that after the millennium, soone would dare to publicly short a country’s currency.
Though Soros would occasionally proclaim the collapse of China, it’s like crying wolf; after so many tis, no one believes him, and now he is left with only empty talk, with no substantive action at all.
In contrast, Lu Liang, holding over 230 billion US dollars, plus the thawed 50 billion US dollars, with a minimum available fund of 280 billion US dollars, is aggressively issuing yen bonds.
It felt like when he said he was going to short the yen, he would short the yen, and not even Jesus appearing would be able to stop him.
"The hyenas are lurking!"
Fox, a US dia outlet, picked a rather fitting headline, taking up almost a quarter of the section.
As the headline suggests, financial institutions from around the world are following Tianxing Finance in issuing yen bonds.
The last speculator feast was two years ago, with Brexit and Trump’s election; they are now hungry and are just waiting for the command from Lu Liang to lead the charge and besiege the yen.
In just six hours, the statents made by Lu Liang and the actions of Tianxing Finance in issuing yen bonds made headlines around the world.
The yen plumted in response, and the US-Japan exchange rate fell from 112.5200 to 113.0826, instantly evaporating 25 billion dollars from the five trillion dollars forex market.
The massive market fluctuations were jaw-dropping.
It’s important to note that Lu Liang hasn’t even initiated an attack yet, and the yen has already fallen by 1%, once again proving to the world his unparalleled influence in the market.
Japan urgently convened a eting, after which the then Pri Minister An San attended a press conference to strongly condemn Lu Liang’s disparaging remarks on Neon’s economy and his actions to short the yen!
The related news, when spread dostically, caused a sensation, with millions of netizens joining the discussion.
"What can I say? Although the Neon citizens are innocent, why does it feel so satisfying?"
"Ah~ feels good, finally there’s a day we can beco the subject of others’ condemnation."
"Ah~ Liangzi~ don’t stop~ please increase the intensity!!!"
Once upon a ti, they were the ones who were condemning others, with countless dostic citizens extrely dissatisfied with the spokesperson’s foreign remarks, feeling a sense of iron that could not be fortified into steel.
Recalling back in the day, poor as dirt, chewing on cornbread and yet able to 1VS17 up north, defeating the allied forces ti after ti.
Looking at today’s world, the total economy surpassed Neon eight years ago, leaping to beco the world’s second economic entity.
Even though it’s understood that those barefoot aren’t afraid of wearing shoes, today’s Good Day wasn’t easily gained, and by the adherence to the principle of those who are happy to step back a bit towards foreign softness can be understood.
But understanding aside, any patriotic person can’t accept their country’s weak performance abroad.
Although it’s a capitalization on the capital market, just Lu Liang’s personal actions, it allows them to slightly experience the happiness of being strongly condemned by other countries.
At the sa ti, at the Tianxing Financial Building in Central, Xiangjiang.
"Mr. Lu, according to the investigation, the Japan Central Bank was previously preparing to issue a bond of about 35 trillion yen."
Listening to Xu Jiawei’s report, Lu Liang showed a hint of a smile: "An San economics is reaching its limit."
Since being forced to sign the Plaza Accord by the United States in ’85, and giving up the most important semiconductor industry to Korea, that year, the backbone of the Neon people was already broken.
Even though An San ca to power, advocating for free market economy, monetary easing policies, seemingly allowing Neon to erge from the lost three decades, it was actually robbing Peter to pay Paul.
After all, Neon is not like the United States, which at least can rely on dollar hegemony, oil hegemony, technology hegemony to harvest globally, but even Neon’s most important auto industry is being gradually cannibalized by East Country’s new energy year by year.
With the east wall dismantled, and the treasury deficit, they can only issue bonds and bridge the deficit by borrowing, and continue to rob from Peter to pay Paul.
In fact, it’s not just Neon doing this, those Northern European countries without an industry, but generous social welfare have been doing so for a long ti.
Neon has persisted relatively longer, after all, there are still so industrial pillars dostically, but now it seems like they can’t hold on much longer.
Unless Season S3 begins, Neon can act as a victorious nation, harvesting other countries’ resource wealth, otherwise, this decline is irreversible.
The short-term exchange rate dipping to 135 is just the beginning of the decline; in the long term, it might even hit 150, 200, or more.
"Let Yutao start moving, short the yen, continuing until the settlent date of the 21st of next month," Lu Liang said in a deep voice.
The origin of the yen’s plumt has now been determined, with a sound reason, and a coherent logic, there’s nothing more to worry about, so just straightforwardly act.
At this mont, Lu Liang received a call from Ota Ling, he paused for a long mont and said: "Mr. Lu, soone wants to talk to you."
"If it’s about stopping the yen shorting, then there’s nothing to talk about," Lu Liang chuckled, giving a preemptive vaccination.
Unlike Soros, who touted China’s collapse theory every day, Lu Liang had already released his words on shorting the yen, and the whole world is watching, there’s no going back.
Ota Ling fell silent for even longer before sighing: "I will convey your original words."
"Ota, I rember your term is about to end, right?" Lu Liang suddenly asked.
Ota Ling was taken aback, suddenly feeling sothing, but dared not directly bring it up: "Mr. Lu, your mory is impressive, another one year and three months before the term starts over."
The Mitsui Sumitomo Financial Group was ford through the rger in ’02, with the main strength being Mitsui Bank, followed by Sumitomo Bank, and finally Sakura Bank.
However, Sakura Bank has already been completely assimilated by the Mitsui and Sumitomo factions, to the point of even losing its na.
Mitsui Sumitomo is like the United States now, having two factions, naly the Mitsui Faction and Sumitomo Faction. For original chapters go to novel•fire
Ota Ling belongs to the Mitsui Faction, and including his more than two-year term in office, the Mitsui Faction has been in power for three rotations, twelve years.
The next term, no matter how it rotates, it’s going to be the Sumitomo Faction’s turn, even with Lu Liang’s assistance, his chance of re-election is very low.
"You’re only fifty-three, still young, are you willing to retire at fifty-five and enjoy a peaceful retirent?" Lu Liang asked.
There are precedents of professional managers becoming the real controllers of enterprises; in fact, there are many.
For instance, Old Liu at Lenovo and Miss Dong at Gree, their initial identities were similar to professional managers.
One through the opportunity of national enterprise reform, turning state-owned into private, and then into personal industries, and the other by building a personal IP, binding the group and personal tightly together, both have achieved a splendid transformation of their identity.
Though Ota Ling doesn’t have the conditions to beco Old Liu or Miss Dong, with Lu Liang’s external collaboration, combined with Ota Ling’s internal response, it might be worth a try.
Moreover, Mitsui Sumitomo Financial is the third largest financial institution in Neon, with an asset scale exceeding 100 trillion yen, imagining like New World or Huazhi for a forced acquisition is definitely out of the question, nor does Lu Liang have that many funds.
However, in the context of a massive yen decline, slightly acquiring so shares, increasing Ota Ling’s discourse power, enabling him to serve as the group chairman for a long ti, should not be difficult.
After all, for a group like Mitsui Sumitomo, which was ford by a rger and operates a rotating chairman system, major shareholders aren’t particularly concerned about the managent rights of the group; what they care about is only profits.
As long as the group profits can grow year by year, they wouldn’t mind even if a pig beca the chairman.
Ota Ling was moved, decisively expressing his stance: "Mr. Lu, what do you need to do?"
Initially, he even let his son go to work for Xingheng, to serve Lu Liang diligently, which already showed his stance.
What belongs to the group, always belongs to the group, once he retires, he can’t take anything away, he would lose influence, unable to provide his son with long-term help.
But if his son is employed at Xingheng, he can still rely on his position as chairman of Mitsui Sumitomo to seek convenience for Xingheng and deepen Lu Liang’s impression of Ota Renjun.
Ota Ling thought about it, and without hesitation, admitted: "I would have already given all the shares of PayPal Group to Tianxing Finance, if it weren’t for Mitsui Sumitomo’s chairman Mitsui Takahiro and the group disagreeing."
Now that Lu Liang was inviting him to join forces, if only he ventures, with Lu Liang’s external support and Ota Ling’s internal response, there is no reason not to at least attempt it.
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