In the past few days, Li Baolong has been keeping a close eye on Ross's team. They were incredibly busy, working from dawn till dusk to frantically buy stock index futures in Southeast Asian countries. With a leverage of twenty times, their funds had reached a staggering two trillion US dollars, a force to be reckoned with. Li Baolong, on the other hand, was watching from the sidelines. Once they clashed with the banks of Southeast Asian countries, he would simply buy short contracts without much effort, profiting instantly.
A week later, Li Baolong realized they were about to launch a short-selling operation. He immediately called Liu Na and instructed the company's traders to prepare for the battle, shorting stock index futures of major Southeast Asian countries. By this time, Li Baolong's funds in Swiss Bank were already in place, waiting only for the next morning to take action.
The following morning, Li Baolong rose early and, using his mind-reading ability, discovered that Ross's team was preparing to depart. He immediately left the hotel to follow them. A thrilling financial contest was about to begin.
Li Baolong followed Ross's team to the largest stock exchange in the area. The place was packed with people, like a surging tide. Ross and his men went straight to the third floor, while Li Baolong went into the second-floor restroom. He used his telepathic abilities to detect that Ross was issuing orders on the third floor. Ross's men were like wound-up toy clocks, frantically dialing their trading teams in foreign countries.
Li Baolong didn't hesitate. He quickly pulled out his phone and called Liu Na, telling her, "We can move now. First, throw in two billion US dollars, plus twenty times leverage, and short the stock index futures of these Southeast Asian countries." Good heavens! Within an hour, Ross and his team were buying short contracts like madmen, a full ten billion US dollars! With twenty times leverage, that's equivalent to two hundred billion dollars in power. That morning, the stock markets of Southeast Asian countries plummeted like they were on a slide. But Li Baolong knew this was just the beginning. Judging by the current situation, the stock markets would continue to fall for the next month, and might even collapse.
When the market opened in the afternoon, it remained bearish, continuing its downward trend. Li Baolong seized the opportunity and quickly instructed his company's traders to continue buying, injecting another three billion US dollars. This brought the total purchases for the day to five billion US dollars; with this leverage, it was equivalent to one hundred billion US dollars stirring up the market. After completing his mission, Li Baolong dragged his tired yet excited body back to the hotel.
Upon arriving at the hotel, before he could even catch his breath, he assigned a task to the traders at the Special Economic Zone Dragon Company: to buy Hong Kong stock index futures that day. The person on the other end of the phone replied that they had already bought short contracts worth one billion Chinese yuan that morning, using twenty times leverage. Only then did Li Baolong breathe a sigh of relief; a huge weight had finally been lifted from his shoulders.
He lay down on the hotel bed, feeling completely drained. But as soon as he relaxed, his stomach started growling. He called room service, ordered a steak, and a few glasses of local liquor. Once the food arrived, he ate slowly, savoring every bite. After a satisfying meal, sleepiness washed over him like a tide. He didn't struggle, collapsing into bed immediately, still thinking about the tough battle that awaited him tomorrow.
The stock market crash stirred up a hornet's nest, prompting governments worldwide to take immediate action. They began discussing rescue measures, and several positive announcements were released that very day. This approach proved somewhat effective; the stock index seemed to stop falling and even began to show signs of recovery.
Seeing this situation, Li Baolong quickly realized he couldn't let it go. He gritted his teeth and poured in another two billion dollars to buy short contracts. Ross and his team didn't hesitate either, immediately throwing in ten billion dollars. And just like that, the stock index, which had just started to show signs of improvement and turn positive, was knocked back to square one, plummeting in a flash.
For the past two weeks, it's been like a tug-of-war, with both sides going back and forth. Ross and his team have really gone all out, having already bought $80 billion worth of short positions. Li Baolong hasn't been idle either, having bought $12 billion worth of short positions in installments, and now he only has a little over $2 billion in ammunition left.
Li Baolong knew perfectly well that tomorrow morning's market opening was crucial. He figured Ross and his team were definitely planning a big move at this time. He thought to himself, he wasn't good at adding fuel to the fire, but he was quick to kick someone when they were down. Tomorrow, he'd dump all his short positions, leveraged twenty times and worth hundreds of billions of dollars, and the stock markets of Southeast Asian countries would basically collapse completely.
The stock index has already fallen by 50% in the past few days, and he estimates it will drop another 20% or so. Once this is over, Li Baolong should withdraw. He secretly calculated that a 50% return this time would be incredible. After all, he had invested nearly $15 billion, and with the 20x leverage, that's a scale of $300 billion. If it succeeds, the profit could reach $150 billion. Thinking about this, he couldn't help but feel happy, thinking, "How much I'll ultimately pocket depends on how I operate in the next few days. It's both nerve-wracking and exciting!"
The next morning, the atmosphere in the stock exchange was incredibly tense, as if it were about to explode. As soon as the opening bell rang, Ross and his team, like boxers unleashing a powerful punch, dumped a hundred billion dollars in short orders into the market. Li Baolong narrowed his eyes, and without hesitation, threw out his own short orders worth over two billion dollars. These two moves had a devastating impact. The already teetering stock index futures index plummeted like a kite with a broken string, spiraling downwards uncontrollably.
As the market closed at noon, Li Baolong sat there, mentally calculating like he was working on an abacus. Good heavens, his profit was 53%! Although he didn't show it on his face, he was incredibly happy inside.
So, as the afternoon session drew to a close, Li Baolong realized he couldn't be too greedy and needed to secure some profits first. He quickly dialed Liu Na, the head of the trading team at the Hong Kong company, and shouted, "Stop dawdling! Immediately dump that four billion US dollar contract! That's a massive 80 billion deal! Securing the profits is the priority!" The trader on the other end immediately began processing the order. This dumping indeed affected the stock index futures, halting the downward trend.
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