Chapter 60: The Gamble of National Fate (Part 2)

  The futures market is about to engage in a fierce battle, and it's already a consensus among all parties. After a night of research, the Japanese have come to the conclusion that the Chinese will definitely continue to plummet today because they can't imagine that the Japanese could obtain 10 billion in financing overnight. Adding the original 300 million on hand and the additional 300 million that will arrive at noon today, the Japanese have a total of 1.6 billion in usable funds; if the Chinese really do open the price at the limit down, the Japanese will let it go for the first half hour and eat up all the sell orders at the limit down, then counterattack to the limit up and lock it in place, forcing the exchange to suspend trading. After resuming trading, locking in the second limit up should basically exhaust the Chinese funds; waiting until tomorrow to pull up another limit up, the Chinese will have no ability to fight back, and the Japanese can achieve a complete victory!

  As for whether other funds will be ambushed at high levels, don't worry, their tens of billions of financing should have already swept away all the silver roots in Shanghai, and others shouldn't have enough capital to ambush them. Even if there are, it's just a small stir, giving others a little sweetness or directly killing them is also possible.

  Regarding the Sino-Japanese War, many foreign firms are involved. Now, even foreigners who do business in China, including those who trade machinery and chemical raw materials... almost all foreigners doing business in China are concerned about the war over food, and some have even participated to varying degrees.

  After the close of business last night, everyone knew that a batch of troops from Hunan had transported a large amount of grain here to dump; and besides, from these transporting soldiers, it was learned that this grain came from different troops, and the Chinese side took all the military grain to dump! Indeed, now everyone knows that there are large quantities of grain shipped from Southeast Asia and North America, and the price of grain will definitely plummet in the future. Why not get rid of them first? Dumping grain is definitely the easiest way to make money on Shanghai Beach right now! Under the agitation of those foreign firms that had entered the market earlier, businessmen from various countries are now preparing to dump grain!

  "If everything goes smoothly tomorrow, we can completely break free and let those foreigners and Japanese devils fight it out!" Chiang Kai-shek said after reading all the transaction reports of the Soong-Kong Group: "Perhaps this is the most miraculous battle in Chinese futures history!"

  In Zeroling, the real futures master is Chiang Kai-shek! He was one of the founding members of the Shanghai Securities and Commodities Exchange, and at that time, he was the main manipulator of securities and futures investments for Sun Yat-sen's revolutionary party in Shanghai to raise funds! Although he has been away from the market for many years, his judgment on the overall direction is still sharp!

  "So, tomorrow you can secretly short sell at the bottom, then hitch a ride on the trend to make a profit from the Japanese, and then leave the market altogether... After our funds have all left the market, you will hold a press conference to announce to the outside world that Chinese government assets are not allowed to enter the market, and also advise Chinese businessmen to leave the market..." Chiang Kai-shek started to personally take charge of the trading, it's a gamble with the fate of the country, if he doesn't do it, who will?

  Rong Hui arrived at the command center of Song Kong Group last night - now they are allies! After Rong Hui proposed a strategy for tomorrow's operation based on Xiao Soros' market analysis, Song Ailing immediately agreed. Because Rong Hui's battle plan coincided with her own thoughts: both involved joining forces with the Japanese when they were forced to counterattack! Now, there is indeed an opportunity to turn the tables, as tomorrow if the decline continues, many Japanese ordinary merchants will go bankrupt and more foreign firms will join the short-selling army. So, they can really make a comeback. What they need to do now is continue to stir up bearish sentiment!

  Just as they were discussing the specific details, they received a telegram from Chiang Kai-shek: Tomorrow's market will plummet and then rebound!

  Soong Mei-ling laughed: When did this brother-in-law start his old business again?

  Actually, Chiang Kai-shek's mind is now fully preoccupied with the market situation in Shanghai, but his heart is more concerned about the simultaneous "extermination campaign" unfolding in various places; while Tan Xiao has already begun to interrogate Zhou Xing personally.

  "My father is still alive, my parents and the whole family are all alive." Zhou Xing replied very calmly. His father was originally a lieutenant colonel in the Northeast Army, and it is said that he died for his country when the Northeast fell.

  It is clear that this was the reason Zhou Xing became a Japanese spy, her family members all became hostages.

  "Do you know that Ye Qianyu is a spy?" Tan Xiao asked, now he was considering whether to let Zhou Xing become a channel for China to send false messages to Japan; apparently, Zhou Xing was not willing to serve the Japanese voluntarily.

  "I know, my superior is Tōyama Kageyoshi, the head of the Japanese special agency in Fengtian. My mission is to lie dormant and only activate at critical moments. Ye Xiangyun is on a different line, she doesn't know me, but I know her..." Zhou Xing replied: "When necessary, the Japanese plan to sacrifice her to protect me, my background is good, and I have the opportunity to enter higher-level agencies..."

  Very smoothly, Zhou Heng became the channel for Tan Xiao to send false intelligence to Japan; but also because of this, he refused Zhou Heng's request to send someone to Northeast China to rescue her family. Sometimes, for a purpose, sacrifices must be made! Under Zhou Heng's disappointed and heartbroken gaze, Tan Xiao left the interrogation room.

  Tan Xiao returned to Chiang Kai-shek's study, the action in Nanjing had been successfully completed, and other places also received telegrams one after another, the action basically did not encounter any major unexpected events.

  "What a pity, the national treasury is empty, otherwise, this time I would also have let the funds of the national treasury help you with a helping hand..." The leader's words were very artistic, Tan Xiao understood that Chiang Kai-shek was asking for money!

  "This time the students' money won't be wasted, Minister Kong's subsidy is not even needed, or this money can be used in places where the central government needs it, which would be more valuable......" Tan smiled and looked at Kong Xiangxi: "I donated 10% of what you gave me, you big rich man should make a gesture too!"

  Kong Xiangxi was rich enough to rival a country, and he dared to spend big money on business, but he was extremely stingy: in the original time and space, during the difficult times of resisting Japan, when everyone asked him for donations of one million francs in Chongqing, they were all rejected! At this time, seeing Tan Xiao's smile, he hated this old enemy to death! However, there was no way, and he could only admit it. Fortunately, all the money was a percentage based on profit; the Song Kong Group was the main player in this operation, and couldn't recognize less than Tan Xiao; in the end, Kong Xiangxi had to represent the Song Kong Group and donate 30% of the profit!

  This is absolutely a huge sum of money! Chiang Kai-shek knew that the profit from this Song Kong Group would not be less than 200 million, which means that the central account would have an income of at least 800 million. Chiang Kai-shek was overjoyed and praised Tan Xiang's cleverness in forcing Kong Xiangxi to pay up: "When the time comes for Feng Yuxiang to go to war in the south, this military expense will be abundant..." The implication is that they would return favors, and perhaps Tan Xiang's 10% would come back to the First Army under the name of military expenses.

  One evening, everyone began to worry about how much money those percentages actually represented!

  At the moment before the opening, those Japanese merchants who did not have additional funds to add today were very relaxed: they received a notice from the Japanese director of the public concession at dawn that the Japanese government would provide capital assistance to help them maintain their positions before the opening! The Japanese merchants who can hold on until now are all originally wealthy and have a hard background, while those small speculators were cleared out yesterday. With the support of the state, these Japanese people are here to watch the show today!

  The big plate did not fall to the limit as everyone expected, but instead rose slightly by two price positions. This was the final strategy set by Rong Hui and Song Meiling, who took over the killing position in the first deal and opened a buying position. This somewhat unexpected move; however, very quickly, or rather, in the next second, the price was still locked at the limit. Those European and American firms saw that there was still an opportunity to short sell, and they all plunged down!

  On the limit-down, apart from Japanese people, there were also Chinese people who kept taking in small orders; while Song Kong Group was quietly closing out short positions with small orders at the same time as buying. Five minutes later, the accumulated short positions on the limit-down were enough to allow Song Kong Group's short positions to be closed out all at once. Song Xiangling waved her hand lightly, and Song Kong Group's market representative immediately closed out all the short positions in his hands with one order!

  In just five minutes, Tomohiro Fukawa also sensed that something was fishy on the trading floor. Was it the Chinese who were going long? No way, it must be those foreigners who lent them money wanting to ride the trend... This was a well-founded judgment: apart from knowing that the Japanese had enough capital to counterattack, who would dare to go long here? But this was an incorrect judgment. Within just five minutes, the Song Kong Group had already closed out all their short positions for profit! And like Rong Hui, they had established many long positions, and the weight of their long positions was even more than what the Japanese could accept: foreigners wanting to ride the trend couldn't possibly take such a heavy position, right?!

  The Japanese launched a general attack ahead of time! They ate up all the sell orders hung out with one order, and directly swept to the limit-up with the second order! Ten minutes later, all kinds of grain products were closed at the limit-up without exception! This ticket from the limit-down to the limit-up directly blew up almost all foreign merchants participating in this gamble on national fortunes! As long as it is closed for half an hour after the limit-up, a meeting may be opened, and if the exchange decides to resume trading, there will be collective forced liquidation, and these European and American speculators will lose their capital! The current limit-up is Japanese funds, but in the next moment, all will be the liquidation orders of European and American speculators!

  To thoroughly lock in the Japanese, Rong Hui has already ordered to smash all the crazy long positions swept in today directly to the Japanese! Today, Rong Hui invested about 1.5 billion funds, and now the floating profit is close to this number! In other words, within just 20 minutes of opening, Rong Hui earned approximately 1.5 billion! The emergence of her ultra-large single has made those European and American speculators give up their idea of cutting losses, and everyone is waiting for the short sellers to come out with an even bigger single. Sure enough, after Rong Hui took action, Song Meiling also took action, and she cleared all her long positions in one go! The current market's craziness has become unbelievable, with transactions exceeding the national annual fiscal revenue appearing twice within a short period! Will this market eventually be blown up?!

  In just these two days, how much money did the Chinese main force troops make? After calculating, Rong Hui found that the total profit was over 2.32 billion! Song Kong Group is even more powerful: the profit in the futures market is 3.9 billion, plus Heiji Kawabata and Zhang Xueming's 1.5 billion, reaching a total of 5.4 billion! In this way, the total profit of both sides added up to approximately 7.7 billion; The loss was borne by China's mobile capital, which accounted for about 400 million; European and American firms accounted for about 1.2 billion; Japanese firms accounted for 1.5 billion; The Japanese government bore more than 4.6 billion.

  Rong Hui and Song Meiling were calculating their profits when Shahson made his move! He had to act, because all the Western firms were being squeezed, and if he didn't act, another limit-up day would turn 80% of Shanghai's Western merchants into beggars! Shahson's Jewish capital wouldn't arrive until the afternoon, but with his connections to Citibank and J.P. Morgan, it was no problem to complete all the formalities by noon, so he acted in the morning! Now he had six billion in hand, and after estimating the Japanese would need 8.4 billion to cover all the long positions and eat up all the short positions, he figured they had three billion more than him! Of course, Shahson still had Rong Hui as an ally, who now had over three billion on hand!

  Shahson directly used 300 million to open the price and raise it to the limit, then slowly pressed down one by one, making a gesture of absorbing warehouse. This made those speculators even less willing to close their positions. The Japanese had no choice but to continue opening warehouses and fighting back! Soon, the price returned to the limit again.

  Rong Hui was like all happy little women, knowing that it was impossible to make a single penny more, still counting her accounts and counting her happiness. At this time, Sha Xun called for help because the Japanese had three billion more than him. If the Japanese continued to seal the rise, after the exchange opened and before noon, when the market reopened, those European and American firms would be forced to close their positions, while the Japanese would make a lot of profits.

  Alright, let's do it! Rong Hui is not a professional manipulator, she has no idea how much risk is involved; these past few days she has been using crazy methods to fiercely attack and all of them have been extremely profitable; so she has developed a habit, as soon as she makes a move, she puts down the entire 3 billion 400 million in her hand! Oh my god, this amount of money is equivalent to two years of national fiscal revenue! The exchange market is boiling again! The shorts are refusing to close their positions, all the Japanese people on the scene are gasping for air! After Rong Hui's attack, the available funds in the hands of the Japanese are not even 300 million!

  Saunders was also desperate. According to his calculations, the Japanese didn't have as much money on hand as he did! All-out attack, sell at all costs! Under Saunders' general attack order, his traders desperately sold; those few European and American firms that still had surplus funds and those that hadn't dumped their holdings in the morning and were still watching now followed suit and also started selling heavily.

  Saunders' move was decisive! His timing and force were just right, draining the Japanese of all their funds. Moreover, he changed the stance of a group of people - Japanese merchants!

  Those Japanese merchants, after being squeezed by the painful shorts in the previous few days, until today's big counterattack with government funds, most people have already made a profit. Seeing that the multi-head is about to appear again and be eaten up by the whole body, some people start to close their positions, and even some reverse their positions! The sheep effect, once it appears, is difficult to suppress, and in the blink of an eye, the market forms a fierce multi-kill, with prices plummeting straight down! In just a few seconds, prices have fallen to the limit again!

  Futures trading is a double-edged sword for both parties, as long as the price goes down, the available funds of the bulls will decrease due to floating profits, while the bears will have more and more money. Soros would not let go of this opportunity, all the positions he built this morning were at high levels, as soon as the price went down, the floating profit came out, and he grasped the initiative. So he continued to use larger and larger floating profits to expand his position and heavily suppress the price, and surprisingly, in one breath, he firmly locked the price on the limit-down again!

  On the rising stop board, Kong Rong put an empty container and watched as her 340 million became 680 million in just a few minutes. She was overjoyed! At this time, she received a telegram from Tan Xiao, who was responding to her situation report after closing her position earlier. After lavishing praise on her, Tan Xiao said that the warring parties had now become Europe and Japan, and they should fully withdraw, letting her withdraw funds from the market as soon as possible and put them in Huifeng Bank, allowing European and Japanese funds to bite each other... At noon, Kong Xiangxi would hold a press conference to announce that due to excessive speculation in the Shanghai market, all government units were strictly forbidden from entering the market to speculate on grain, and all Chinese investors were advised not to do so.

  Rong Hui was taken aback! --- Ah, this is a great opportunity to stay out of China's affairs! She inquired about the sell orders that had triggered the limit down and found that there were just enough for her to exit with. She let out a sigh of relief: Luckily! Otherwise, it would have been a big mistake! She hastily ordered Tiwada Sorachat to close all positions.

  Although she had left the scene, Song Ailing was still keeping an eye on the transaction situation. When she saw that big sell order of 340 million being thrown out, she was shocked beyond compare: after witnessing Rong Hui's way of doing things for two days in a row, she had already guessed that this was Rong Hui's doing! This crazy woman...... She and that creepy Tan Xiao were similar, both crazy! ...... Hadn't she received the telegram to leave the scene? No, Rong Hui didn't have that much money, did she? ...... Just as Song Ailing was about to call Rong Hui to verify, the phone rang first.

  "What! ...... A bill of 680 million! ...... " Song Ai-ling suddenly felt that she no longer recognized this futures market at all!

  Suddenly, a huge buying order appeared on the limit-down, scaring Sha Xun so much that he trembled with fear! He quickly hung up the phone to call Rong Hui, but couldn't get through! "Damn it, could it really be her?" Sha Xun thought to himself, this order was exactly the same as Rong Hui's selling order on the limit-up, including the principal and interest, and it was a closing position! ... If Rong Hui had already left the scene, that would be equivalent to putting him on the fire to roast, he could only eat raw Japanese people! He was prepared to eat raw Japanese people, but not in this way; he was planning to eat the meat and then hide behind to watch others fight, but now, he had no choice but to participate in the battle himself!

  Rong Hui is the kind of person whose mind works extremely fast. As soon as she finished giving the order to close the position, she called Yu Xiangqing and leaked out the information about the press conference for the Ministry of Finance. She even directly told Yu Xiangqing that she hoped he would immediately inform China's hedging merchants that they had all made a profit and could settle; she wanted to make Shaanxi and the Japanese people suffer even more!

  Sha Xun finally breathed a sigh of relief after seeing the huge buy order without any follow-up action. At this time, the phone call to Rong Hui was also connected. "What! You closed your position!?" Sha Xun was shocked despite being mentally prepared: "The Chinese Ministry of Finance is going to hold a press conference?......" Just as Sha Xun was about to hang up the phone and head back to the trading floor, another call came in: Suddenly, a large number of closing buy orders intervened, and the sell orders that were previously stuck at the limit down price had almost been eaten away.

  Those Chinese insurance companies have been driven to nervous breakdowns by today's market fluctuations, and after receiving Yu Xiang's phone call, they all withdrew from the market decisively!

  The Japanese, after being collectively stopped out, had already begun to notify the standby Marine Corps to prepare for landing in Nan City; but then they saw a large number of buy orders almost wipe out the sell orders that were locked at the limit! They excitedly inquired with the Japanese Chamber of Commerce and found out that there were no new Japanese merchants closing their positions, so they decided to wait and see what happened, and hastily notified the Marine Corps to suspend action. But in the end, the limit was not opened, and by the time the Japanese Marines landed, it was already noon break time.

  The current market situation has become such a pattern: the short sellers are all European and American firms as well as Jewish capital groups; the long buyers are all Japanese government and merchants; the Chinese have all withdrawn! Rong Hui and those Chinese grain merchants who originally held short positions have turned the new floating losses of the Japanese into their own actual profits, while Sassoon's account has increased by over 300 million in floating gains, but because they were all converted to new short positions at the limit down, he is left with less than 20 million in available funds!

  "My god! The Chinese threw a lively party, inviting Japanese, British, French and American guests... but it turned out they were all thieves, stealing the wallets of all the guests, leaving these poor guys to accuse each other and possibly fight!

  Shaxian cursed in his office: "Don't tell me that Tan Xiao really doesn't understand futures! That despicable warlord! This is a trap! It was a trap from the beginning!!..."

  Tan Xiao let out a big sneeze in Lingling, he really didn't understand futures; actually, even if it was Rong Hui, at most she was just an ordinary investor's level; as for her high-ranking advisor, the five-year-old Soros, yes, he was a genius, but also just a child who guessed based on intuition. This group of fearless ignoramuses were lucky to the extreme, using their incomprehensible wild punches to beat the old foxes in the market to the point where they couldn't find their way north, becoming the biggest winners in this futures war! (Author's note: It's just getting started, everyone, if you're enjoying it, don't be stingy with collecting and recommending... I'm a bit sorry, these past few days my spirit hasn't been good, there have been many things to do, all written in the dead of night, the writing style hasn't been careful, feeling a bit apologetic towards the plot construction...)