On March 22, the last city announced its reopening, marking a phased victory in East Country’s fight against the pandemic.
In contrast, while the North Arican outbreak raged on, the Black Lives Matter movent beca more intense, even gradually evolving into a spree of "shopping without paying," causing property losses to many businesses.
Netizens from various countries instinctively compared the two nations, suddenly feeling the disparity in the world.
One side had a rough start, but with national solidarity, everyone was united, while the other started strong but descended into chaos.
Two days later, on March 24, as the news continued to spread, there was a sudden change in the offshore Foreign Exchange Market, with the RMB rising steadily.
7.0500... 7.0300... 7.0100...
In a short ti, the RMB rose by 408 basis points, and the seven yuan barrier was about to be directionally breached.
The RMB breaking seven originally happened due to the rampant disease, the collapse of the real estate economy, and the loss of confidence.
Now everything is back to normal, with national cohesion strengthened, and everyone is filled with hope for the future.
At the sa ti, on the 17th floor of Tianxing Financial Building.
Wen Chao looked excitedly at Lu Liang. He knew Mr. Lu was always right, even if the losses were only temporary.
As soon as the 120 billion US dollars of locked funds are released now, the offshore RMB exchange rate will surely rebound exponentially once again.
The so-called seven yuan barrier is nothing but a pushover, not even worthy of being called an obstacle, and will be breached smoothly without any hindrance.
"It’s truly a small world for enemies to et."
Lu Liang looked at the news of HSBC displaying a card for Citibank, the corners of his mouth gradually curving upward, instructing, "Unlock the locked positions, and sell those bonds dumped by the UK and France at a good price."
At the ti, to curb the RMB’s fall, they took in bonds totaling 210 billion yuan from the UK, France, and Germany.
Even after the RMB undeniably broke seven, they didn’t sell, remaining steadfast in holding them.
Also, because of holding these long-term bonds, the overnight fees during the holding period have amounted to at least 280 million US dollars, and now it’s ti to collect both the principal and interest.
"Received!"
Wen Chao responded, and a large amount of locked funds was released, with massive unsolicited buy orders appearing, crashing the accounts of countless short-sellers.
For a mont, the offshore RMB exchange rate showed an extrely exaggerated upward curve.
There was no ti to mourn the seven-yuan era, as in an instant, it broke through 6.9000, reaching 6.8952.
Seeing the exaggerated curve like a demon stock, foreign exchange investors around the world were shocked: "Why? Massive funds going long? And directly skipping over 6.9000? Aren’t they worried about becoming a contrarian indicator?"
"Institutions capable of driving such vast funds certainly aren’t foolish, unless this money has been lurking in the Foreign Exchange Market for a long ti."
Upon hearing this, people rembered three months ago, when Tianxing Finance had its first defeat in the international market, going against the trend to go long on the RMB, rumoured to have lost nearly ten billion dollars.
Only Lu Liang could handle such a huge loss; if it were any other institution, the entire fund managent would have been dismissed.
"I recall there being no obstacles when breaking seven, with news reporting that Tianxing had realized it couldn’t turn the tide, so they chose to cut losses, causing the RMB to plunge 500 basis points, directly reaching 7.0500. Could it be they never left and kept the positions locked until now?"
Many still rembered the events of that day, since it was Lu Liang’s first defeat since starting out, and it was a complete ss, leading to later targeting of Chinese concept stocks and Tianxing Finance withdrawing from US stocks, among various events. .
"Impossible. With the amount of funds Tianxing Finance deployed, keeping positions locked for three months would an more losses, unless Lu Liang knew the RMB would rebound in three months."
"If that’s not possible, then how do you explain today’s sudden surge of massive funds?"
"Do you think it’s the handiwork of East Country’s central bank? You must know that a significant rise or fall in the exchange rate doesn’t align with the central bank’s expectations, especially since East Country always advocates stability. Thus, this can only be the work of a private institution."
"Tianxing Finance has never failed, never, they tricked the market, they tricked everyone..."
The entire market fell into a deathly silence, where all anyone could do was watch Tianxing Finance consu the entire rebound alone.
A setup laid as early as three months ago, for which Lu Liang destroyed his myth of invincibility, paying a price of a billion-dollar loss.
At this mont, whoever dares to share the fruits of victory with Tianxing Finance, not only their hands, but even their heads might be chopped off.
Because Tianxing Finance, which had been lurking for three months, had a cost advantage that no one else could match.
The initiative was in Lu Liang’s hands; he could choose to earn less, but others would inevitably suffer small losses. If he chose not to earn, everyone else would experience huge losses.
At the sa ti, in Morgan Building.
Approaching nine o’clock, as the US stock market is about to open.
Gret approached Damon with a serious face and asked, "Are you sure you still want to collaborate with Lu Liang?"
Just now, he received news that soone was shorting the three major US stock indexes, and the amount of funds was substantial.
He imdiately realized sothing was amiss, as the amount of funds had reached 2.9 billion dollars when Vanguard noticed.
No one would start with such a huge amount of money unless the funds could no longer be concealed, and there was no need to hide anymore.
Gret promptly retrieved the fund movents from the past month and discovered a shocking revelation.
This settlent month alone, funds shorting the indexes had already reached 285.2 billion dollars, which could not possibly be the work of individual investors.
Following the trail of funds, he ultimately discovered the source of the funds was from JPMorgan Chase.
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