I Inherited 5,000 Years of Family Property-Chapter 653 - 651 Despair, You Foolish Brothers
"Zhang Menglong has started to make his move, ready to engage in full-force resistance!"
Faced with Huaxia's reserve funds, the united team didn't show the slightest hint of concern, because the difference in strength between enemy and ally was crystal clear. The funds they had prepared exceeded Huaxia's foreign exchange reserves by tenfold. There was no way they could lose!
However, Zhang Menglong's assets had always been an unknown factor.
$10 trillion? That's a joke. Just the cash that his few affiliate families could mobilize was no less than two to three trillion US dollars! They had every reason to believe that the liquid assets Zhang Menglong had at his disposal were certainly no less than $10 trillion!
If he were to really dig in his heels, coming up with $15 trillion or even $20 trillion wouldn't be out of the realm of possibility!
An individual possessing tens of trillions of US dollars in assets—if this were in the past, they would have never believed it, but this was an undeniable reality!
The tens of trillions of US dollars they had consumed before left them with around 40 trillion that they could mobilize now, conservatively estimated at twice that of Zhang Menglong's. But even with twice the difference, they couldn't guarantee a sure victory.
"Everyone be cautious. This person is terrifying. So far, no one has ever gotten the better of him. If we're going to hit him, we need to knock him out with a single blow, and absolutely not give him any chance to catch his breath!"
"Yes!"
...
"Boss, they've started!" The young man operated the accounts while explaining the confrontation between the two sides to Zhang Menglong in the simplest possible terms.
"Their funds are indeed abundant, tossing around several hundred billion US dollars as if it were nothing."
"Throw another five trillion in!"
"All right!"
Short selling and going long were at a deadlock. The sudden addition of $5 trillion completely broke the balance, devouring half of the opposing funds cleanly.
"Five trillion US dollars? I want to see how many sets of five trillion you can pull out today. Continue to short sell!"
...
"Damn it, this is a battle of the gods, truly a battle of the gods!" The atmosphere in the entire trading market morphed from the solemn and tense beginnings to an uproarious frenzy.
These traders had handled funds ranging from a few million to several billion US dollars, but damn it, who had ever dealt with trillion-level funds—and in US dollars, no less? This was a scene they had never witnessed before!
"This is the first time in my life I've seen such an exciting showdown. We currently have the absolute upper hand. Their rate of operation is too fast, exceeding the opponent's by more than double, but the frequency of their trades is even more than double ours. Either their traders are extremely strong, or they have several times more people than the opponent."
"Our people are very experienced; they're going long while simultaneously buying up the dollars from the short sellers to stabilize the exchange rate."
"But I'm afraid we still might not have enough funds!" Wang Chendong's face showed his concern. "Look, even though the exchange rate has stabilized for now, our people clearly do not dare to buy recklessly. The pace at which they're going long is kept the same as the opponents' short selling. This indicates that our people are still somewhat tentative."
"Yes, they've given us hope. Let's just hope they don't let us down."
...
"You think you can take us on with that little?" The other side apparently also saw Zhang Menglong's bluffing stance. If their funds were so flush, according to their pace and frequency of operations, they could definitely drive up the pace of going long to lower the exchange rate and force margin calls when their rivals couldn't keep up.
But they weren't doing so, which was a clear sign that Zhang Menglong's people were probing their bottom line.
"No matter, let him see our strength! He tossed in five trillion US dollars, did he? Then we'll follow suit—this time, we'll smash in ten trillion!"
...
"Ten trillion? How much money do they even have left?" At that moment, Wang Chendong and his people couldn't do anything. They had stopped operating; now what would determine their ultimate fate was the outcome of the battle between both sides.
"Several hundred billion dollars' worth of fresh short positions have appeared; it must be the international hot money!"
"Damn, trying to rob in the midst of a fire?"
"These damn bastards, if it weren't for this situation, I'd make them each pay severely!"
The hotshot traders in the market were all ready to shoot fire from their eyes.
They had no choice but to accept defeat to these strong opponents, given their overwhelming financial strength that crushed theirs. There was nothing to say!
But to let these speculators turn a profit was something they could not stand!
"Just wait. Whatever you gulp down now, you will regurgitate later!"
...
"Boss, there's a massive wave of short-selling again!" The young man's hands moved so fast that they were nearly a blur, but his tone remained as calm as ever. "We've reached the warning line in our positions; we need to increase our margin, or our orders will be consumed by them."
"No problem," Zhang Menglong directed, "continue to increase the margin, but don't add to all of it, just boost some of the funds."
"But if we do that, part of our accounts will burst!"
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"Let them burst then. How else will we get them to continue pouring in money if we don't let them get a taste for it?" Zhang Menglong said with a laugh.
...
"They can't keep up!"
"Prepare the funds, and in 10 minutes, move collectively to blow up all those accounts!"
...
"Move now!"
"My position's been blown!"
"They've started to transfer funds to use as margin!"
"Then attack the account they're transferring funds to, catch them off-guard!"
"Perfect!"
"Hahaha! That's all Zhang Menglong's got."
"Hahaha, without sufficient funds, no matter how many people he's got or how capable they are, how long can he keep up this robbing Peter to pay Paul strategy?"
"Report the results!"
"I've transferred 21 billion US dollars!"
"I've transferred 37.7 billion US dollars!"
"50.2 billion US dollars!"
"Nice one, brother!"
"Give me a total!"
"Reporting to the team leader, one-third of Zhang Menglong's positions have burst, and we've transferred 3.6 trillion US dollars this round!"
"Don't stop now; continue to smash it. I'm going to make this Zhang Menglong the world's biggest debtor today!"
...
"Another few hundred short orders!"
"It's over, the exchange rate has hit over 10 yuan again!"
"35 quadrillion, they've invested 35 quadrillion already, is this all the world's banks joined together?"
"He's done well to last this long."
...
"Xu Ze, how much money do we have left?" Having lost 3.6 trillion US dollars, with the remaining tens of trillions also completely locked, Zhang Menglong wasn't worried at all.
"We still have five or six quadrillion, boss. What do you want to do?"
"Forget it, continuing to play isn't fun anymore. Smash them with three batches of 10 trillion each. After the remaining tens of trillions are further hit a couple of times, there won't be much left. Leave them one or two trillion US dollars as margin, and we can close the net!"
"Despair, my foolish brothers!" With his hands clasped behind his back, Zhang Menglong walked straight out of the place. He already knew the outcome. All he had to do was wait for the money to be counted.
"All right!"
"Brothers, start preparing to close the net!"
...
"Team leader, they've started going long!"
"Three trillion US dollars!"
"Another three trillion! What's going on, he still has money!"
"No, he was just feigning weakness. He wanted to trick the enemy into continuing to short. Now they want to leave but it's too late!"
...
America and Europe.
"Impossible, how does he still have money!"
"Wait, it's a trap! Pull out! Cancel the orders! He doesn't just have 20 trillion US dollars, he has more money!"
"It's too late! Their operational speed has suddenly tripled! His team must have at least ten thousand people!"
"What? Ten thousand people? Where in the world are there so many financial experts?"
"Hurry, add more margin!"
"I'm about to blow up here; give me double the margin, now!"
"Fuck! I've blown up!"
"I've blown up too!"
"It's over."
...
