After Divorce, I Can Hear the Future

Chapter 804: Morgan Releases Q3 Financial Report



"I'm leaving Tokyo this afternoon."

The next morning, Lu Liang informed Sakurada Miyuki.

Due to Mitsui Takahiro's words and Ota Ling's clear response, Mitsui Sumitomo does not accept Ant transferring PayPal's equity to Tianxing Finance.

Mitsui Sumitomo is a major shareholder of PayPal.

If it doesn't agree, even if Tianxing Finance reaches a private deal with Ant Group, what it obtains will only be non-decisive ordinary shares.

Lu Liang decided to temporarily set aside business in Neon and first make a trip to Han City to conquer the Korea market.

"Sir, are we abandoning the Neon payment market?"

Sakurada Miyuki was curious. Last night, Lu Liang talked a lot with her, giving her a rough understanding of Tianxing Finance's future plans.

Lu Liang plans to use Xiangjiang as a base, allowing Tianxing Finance's influence to cover the East Asian market, thereby sounding the horn to counterattack Wall Street.

Knowing that Lu Liang would be staying in Tokyo for a long time in the future, Sakurada Miyuki didn't show any discontent.

"I do want it! But the timing isn't right."

Lu Liang squinted his eyes and added, "By then, the initiative won't be in Mitsui Sumitomo's hands."

His first stop is JD, in hopes of having a good discussion with Mitsui Sumitomo.

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

If words can't solve the problem, then only fists can.

The ABS funding limit issued by Tianxing Finance, even if 50 billion is frozen, still leaves 201.2 billion US dollars.

Including its own liquid capital and the quantitative department's funds, the total exceeds 230 billion US dollars.

The Hong Kong stock market is too small, and Lu Liang promised Chen Jiebin not to mess around in Hong Kong stocks, resulting in the daily utilization rate of these funds being less than 15%.

Money left sitting in the account unused is a vile waste. It should be put into action to show the world what a real capital flood looks like.

Lu Liang is anticipating the start of the yen depreciation cycle.

With over 230 billion US dollars in cash, shorting a country with a GDP of over 5 trillion US dollars.

It should allow him to feast, and establish a firm base in the East Asian market.

As Lu Liang was temporarily saying goodbye to Sakurada Miyuki on his way to Korea Han City, on the other side of the ocean, JPMorgan Chase's investment bank announced its third-quarter financial report.

First-quarter profits were 4.281 billion US dollars, second-quarter profits were 4.321 billion US dollars, and then a direct loss of 21.9 billion US dollars in the third quarter.

Upon the announcement, it was like a thunderbolt, almost overturning the North American capital market.

Although there were rumors before that Morgan was hedging in the London Gold and forex markets against Tianxing Finance, causing huge losses.

But rumors are rumors, and without anyone confirming them, JPMorgan Chase was intentionally restricting the spread of the news.

As a result, although it caused a stir at the time, it was only a brief and powerless buzz that soon faded away.

With JPMorgan Chase's financial report revealed,

This matter re-entered the public's view.

"Oh my God, a 21.9 billion US dollar loss in the third quarter, almost two years of net profits?"

"No way? Is JP going bankrupt? Is the Lehman Brothers saga about to repeat?"

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

"Shit, why chose to announce it at this time?"

"Releasing it on a Friday night shows JP knows the seriousness of the matter."

"If you think about it differently, announcing it on a Friday night is actually a good thing, indicating JP has a coping plan, just needing the weekend for preparation."

"JP is not Lehman, after all. The number one investment bank in the US, with total assets of about 3 trillion US dollars and over 5,000 branches, won't easily file for bankruptcy. Let's all be patient, there will surely be good news on Monday!"

"Are you still hoping for Monday? I suspect you took JP's money?"

"Share your contact details, let's all make money together."

Foreign internet users and media are buzzing with discussions, .

Related topics rapidly made the headlines in many countries.

A loss of over 21 billion dollars truly shocked people.

Bear in mind, among the over 200 countries and regions globally, more than half have an annual GDP of less than 200 billion dollars.

Thankfully, JPMorgan Chase is the leading investment bank in the US. Even with a loss of over 21 billion dollars, some still retain trust.

If it were some less robust investment banks, long queues would probably have already formed at their branches.

Once a bank run occurs, only extinction awaits.

In contrast, while foreign regions worry about Morgan's loss possibly evolving into a ten-year financial crisis.

After all, the last one was in '08, the one before was '97, and the one before that was '87. The ten-year cycle theory hasn't failed yet.

Domestic netizens, however, have a slightly unique perspective, focusing their attention on Lu Liang.

After all, a foreigner named Ralph, just by praising East Country, gained millions of followers across the internet.

What's more, Lu Liang is a native Chinese, and even his ancestors were rooted and red-soiled, so much so that even if Korea wanted to forcibly change his nationality, they couldn't think of a suitable reason.

"Whoa, did Liangzi quietly make world headlines again?"

"With JPMorgan Chase alone losing 21.9 billion US dollars, how much did he earn?"

"It doesn't matter how much he earns; Liangzi is unlike other capitalists. I have no resentment towards him, and besides, he's not messing around in the domestic market."

"Forbes, come out and take the beating. Hu Run, don't run away either. With such money-making efficiency? Only ranked 11th on the rich list? Who are the gods and ghosts ahead of him?"

"Petition of thousands, don't wait until the end of the year; reshuffle the rankings now!"

"Who said East Country is a financial wasteland? Well done, Liangzi."

Coincidentally, Ant Group's IPO was recently halted, and the photo of Old Ma wearing a white cap was dug up again for criticism.

This has resulted in Old Ma becoming widely viewed as a minion within the Squid Clan conglomerate, with his integrity already tarnished.

Those who once idolized him now loathe him to the same extent, and they're in desperate need of a replacement to console themselves.

Lu Liang became the best candidate,

A large-scale campaign to create a deity began in earnest.

Meanwhile, at Han City Airport.

The plane had just landed when Lu Liang received a call from Wilson: "General Tianxing will definitely announce the financing plan tomorrow?"

Just as some media scholars speculated, JPMorgan Chase chose to release its financial report on Friday evening to gain two extra days of preparation time.

During this period, favorable news will be released one after another, aiming to minimize the impact of losses by Monday's market opening.

The stock market is the most straightforward reflection of a company's current state, far more valuable than any authoritative agency's research.

As long as the stock prices don't plummet when the market opens on Monday, it indicates that the market still has confidence in JPMorgan Chase.

The Q3 crisis report would be considered mostly dealt with.

"Theoretically, it will be announced tomorrow unless something unexpected happens."

Lu Liang smiled, looking through the window, seeing several luxury cars parked on the tarmac, with Hyundai Group's Zheng Xuanyi standing at the front of the line.

He gestured, and Xu Jiawei, understanding immediately, walked briskly out of the cabin to explain to Zheng Xuanyi that Lu Liang had urgent matters and would be out later.

"No unexpected events? What do you mean?" Wilson's face darkened, catching the subtext of Lu Liang trying to raise the stakes.

He said coldly, "Lu, we've already agreed."

JPMorgan Chase will join General Tianxing by exchanging 1 billion US dollars for a 5% stake, increasing General Tianxing's valuation.

There's also a ten-year effective long-term contract. As long as Lu Liang wants, he only needs to pay 15 billion US dollars to acquire JPMorgan Chase's 15.55% stake in Tesla, becoming the largest individual shareholder second only to Musk.

Keep in mind, Tesla's stock price has surged back to 200 billion US dollars, and the contract has already generated over 15 billion US dollars in profit for Lu Liang.

"Yes, it's agreed upon, but isn't there a contract that hasn't been fulfilled yet?" Lu Liang squinted his eyes in a smile.

Previously, there wasn't money, but now there is.

He plans to work with Wen Chao in America and set up a company with JPMorgan Chase to first acquire the Tesla shares, but on the surface, it will still be JPMorgan Chase holding it.

Since the new company is a joint venture, JPMorgan Chase can hold the majority of shares publicly, which would bypass reporting this share transfer to Tesla's board, achieving an element of surprise.

Since the United States froze Tianxing Finance's 50 billion-dollar ABS fund, in Lu Liang's eyes, their credibility isn't even worth a shared bicycle.

Just as Tesla has finished its correction, and its market value has returned to 200 billion US dollars with a continuous upward trend.

If not now, waiting until Morgan resolves the Q3 crisis report and then trying to acquire the stakes might be impossible.

"No problem, I'll prepare, and you just need someone to come over to sign the contract on your behalf." Wilson directly agreed.

As long as he could safely get through the Q3 crisis report, his life would be saved, and the group's interests were trivial in comparison to his life.

"The problem is with the funding, you know Delimei's 50 billion dollars is frozen by the IRS…"

Before Lu Liang finished speaking, Wilson interrupted coldly: "Don't go too far."

Knowing he misspoke, his tone suddenly softened: "You know, if I can help, I will. But for this matter, unless Delimei is willing to bow down, the IRS will never unfreeze the funds."

Lu Liang's smile remained: "He has a new idea, want to hear it?"

He narrated Superman Li's suggestion, to contact the OFAC department and apply to execute Amendment 31.

Wilson was astonished, not expecting Lu Liang to have such a deep understanding of North American law. He said, "It could be worth a try, and the success rate isn't low."

"On this matter, can JPMorgan Chase contribute a little bit of its power?" Lu Liang asked.

"I'll think of a way, it should be possible."

Wilson repressing his anger asked: "Is there anything more?"

"Hmm, let me think."

"Lu!"

This sound seemed to echo from the throat, like the howl of an evil spirit from hell.

Lu Liang laughed and said: "Kamon, don't be mad. Don't you want to hear it? The upcoming news might be good for Morgan."


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