Chapter 796: Transforming a City from the Ground Up
"US-Japan exchange rate 122..."
"US-Japan exchange rate 123..."
"US-Japan exchange rate 125..."
"It's the first time I've seen foreign exchange drop by over ten points in a day."
"Luckily, Liangzi is one of us. If the RMB dropped like this, a 3,000 monthly salary would only have a purchasing power of 2,670 yuan."
Although Big A was dragged down by Japanese stocks today, with a decline of -2.62%, it seems like we'll be fighting the 3,000-point defense battle again tomorrow.
But it's all about comparison; compared to the Neon People who suffered a dual blow from stocks and exchange rates, they are practically living in heaven.
After all, no matter how tricky the A shares play, as long as you don't blindly follow the market and chase speculative stocks, the emperor's seat rotates, themes change, and in three to five years you can break even.
But the two markets in Neon have dropped so much, especially the yen that falls easily but is hard to climb back up.
"Mr. Lu, compared to them, we're practically saints."
Sun Yutao clicked his tongue; according to their estimate, the US-Japan exchange rate just needs to break 120 today to count as successful.
But the institutions on Wall Street obviously didn't think so, driving it directly to 125, swallowing the long army entirely with principal and interests.
Under Tianxing Finance, Guangsheng Bank also has qualifications as a forex brokerage, it's just that there are not many users at present.
Over four thousand users, excluding more than a thousand vacant, over two thousand long positions, with a total of 522 users going long on the yen against the market trend.
After all, when the National Team plays against the Neon, there are people betting on the National Team winning, so having over five hundred people going long isn't surprising.
But all without exception ended up with blown accounts, with no time even to add margin.
"Live and learn, they are professionals at harvesting Neon retail investors after all."
Lu Liang was astonished repeatedly; this move directly extinguished the longs' last hope.
An San's 20 trillion yen bailout plan, like a fart, has already disappeared in the wind.
At this moment, Tokyo TV Station broke precedent and canceled the scheduled program to urgently broadcast the double kill of stocks and exchange rates and the news of people taking to the streets to protest.
Lu Liang was the initiator; they didn't blame him. The Wall Street institutions were the biggest harvesters; they didn't blame them either.
Instead, they denounced An San, hoping he would step down and choose a more capable person to govern, perfectly illustrating internal strife.
"Yutao, I'll leave this to you. I'm going out for a while; call me if there's anything."
Ever since Delimei's funds got unusually unfrozen, Superman Li had been incessantly urging Lu Liang, hoping to facilitate the cooperation between both parties quickly.
Just as Lu Liang returned to Xiangjiang, he arranged to meet him, and by the way, talk about planning to introduce JPMorgan Chase.
In the evening, Lu Liang drove away from the underground parking garage, passing by the front entrance of the Tianxing Financial Building.
A throng of people gathered at the entrance, surrounded by several layers, with police personnel maintaining order.
Lu Liang wondered, asking, "What's going on?"
"Seems like it's because we shorted the Neon. Just now, someone came to make trouble, but it's already dealt with." Xu Jiawei said.
"Neon People?" Lu Liang asked again.
"Seems like they are university students from Xiangjiang. Heard they really admire Neon, probably those pro-Japan types talked about online."
"The masters don't dare to speak, but the dogs bark first. Over the years, Xiangjiang's education is notable, huh."
Lu Liang showed no expression, his tone calm, but Xu Jiawei sensed he was restraining his anger.
"Let's go, or else we'll hit traffic again."
Lu Liang, while angered by their lack of understanding, also pondered the root cause of this phenomenon.
Xiangjiang has never been liberated. The British left, but British capital still exists, and its influence continues.
Unlike the mainland's compulsory education, Xiangjiang's education has always been firmly controlled by several education groups, namely Jiulong International, Victoria Harbor Education, and Yingji Education, all of which, without exception, have foreign-held stocks or are controlled by foreign groups.
Growing up receiving so-called international education, listening to teachers extol the virtues of foreign countries, it's not surprising to grow incorrectly.
Lu Liang suddenly said, "Arrange to meet Yang Qisheng later and check the current progress of the Emperor."
He wanted to become the Three-star Emperor in Neon, but that doesn't mean he would abandon Xiangjiang as his base.
HSBC has been beaten to form a turtle formation, retracting various core businesses. Tianxing Finance has already become the largest and most influential consortium in Xiangjiang.
Besides making money, a company should also bear certain social responsibilities, such as clearing some educational toxins and correcting the thoughts of the next generation.
Lu Liang, although he hadn't been in contact with mainland high-level officials, believed that the mainland allowed Tianxing Finance to freely develop in Xiangjiang, likely not just wanting them to become another HSBC but also wanting them to fundamentally transform this city through capital means.
After all, Xiangjiang is ultimately a capitalist society; forcibly applying socialist principles here would only backfire, as evidenced by the recent series of major demonstrations.
"Okay, Mr. Lu." Xu Jiawei responded, then immediately called Yang Qisheng to arrange a meeting with Lu Liang later.
Twenty minutes later, the vehicle arrived at the Cheung Shing Group Building, where Superman Li and his son Li Zheju were waiting at the entrance.
Lu Liang opened the door and quickly got out of the car, smiling, "Mr. Li, Brother Li, wasn't it agreed that I would visit? How could I trouble you two to wait downstairs?"
"How else can we show our sincerity?" Li Zheju said with a wide smile, tightly gripping Lu Liang's hand with both of his.
Although he was of an age that could easily be Lu Liang's father, heroes are not measured by age.
Being able to upend a country's capital market, especially one as massive as the world's third-largest economy, Demon Country.
Lu Liang deserves respect.
"Mr. Lu, please."
Superman Li nodded with a smile, hands behind his back, walking alongside.
Although he also admired Lu Liang, age was still a factor, and seeing his eldest son so perceptive, he was reassured.