Chapter 241: The Awe-inspiring Spirit of Sharing a Common Hatred

This isn't just a matter of audacity; it's downright insane!
No one in the world has ever dared to use 50 billion RMB for day trading!
Those present are all seasoned veterans of the financial world; they possess this basic common sense.
That's precisely why they've lost their composure, feeling their worldview being utterly shattered.
"This...if something goes wrong even slightly, hundreds of millions, billions, wouldn't they vanish instantly?"
"Even if Chairman Su is an investment genius, using 50 billion for short-term trading is just too absurd!"
Amidst the cacophony of doubt and worry, Huang Fengwen remained unusually calm.
His mind was no longer focused on how much he would gain or lose.
“Chairman Lin,” his voice deepened, silencing all other noises,
“Based on my understanding of Su Hao, if he dared to do this, he must have made a fortune.”
“Then I’d like to ask, what does the SEC (Securities and Exchange Commission) think about this?”
Lin Fan paused for a moment before slowly saying,
“…I’m afraid they won’t let this go.
Even if we didn’t engage in any insider trading, a foreign entity using nearly 50 billion dollars to engage in rampant short-term speculation in the US stock market…the SEC will definitely find a way to make trouble for us.”
“So, those bastards are very likely to target us?”
“Yes. And it’s highly probable that they will join forces with our domestic regulatory agencies to conduct a joint investigation.”
Huang Fengwen slowly leaned back in his large chair and closed his eyes.
The previously noisy atmosphere in the conference room froze instantly at his action; everyone held their breath, the silence so profound you could hear a pin drop.
A moment later, Huang Fengwen abruptly opened his eyes, his gaze sharp as lightning, sweeping over everyone present.
“Back then, when I sat in this chairman's seat of the group—a position I didn't even care for—and personally handpicked each and every one of you from the crowd, my goal, from beginning to end, has been singular.”
Everyone held their breath, bewildered.
“To make the group bigger and stronger? To make more money? No, none of that.”
Huang Fengwen's voice suddenly rose, resounding with conviction.
“I did all of this to wait for a moment like today!
So that when the storm comes, we can give everything, fight with everything, to become Chairman Su's strongest shield, protecting him from all the wind and rain!”
“To protect him, to keep him from harm! That is the sole purpose for which I built this group!”
He scanned everyone around the conference table.
"I remember someone complaining to me, saying they were too idle, like a mascot.
Chairman Su has been handling all the group's business planning and project implementation by himself."
Huang Fengwen's lips curled into a wild smile. "What, you're not happy about having work to do?"
"!?!"
All the executives were shocked, a surge of passion coursing through their veins!
"Our goal is singular: Chairman Su himself must not be harmed in this incident.
If anything happens to him, it's like the pillar of our entire group has collapsed.
Does everyone understand?"
Seeing Huang Fengwen's face, etched with determination and fierce courage, the expressions of all the executives changed.
The previous doubts, shock, and confusion vanished, replaced by a chilling sense of shared hatred!
"Now," Huang Fengwen slammed his hand on the table, standing up, "all of you, perk up and get to work!"
***
An hour before the US stock market closed, Su Hao ordered his subordinates to liquidate all their positions.
On one hand, that mysterious "intuition" suddenly lost its signal.
On the other hand, and more importantly:
After playing short-term trading at such a high intensity for so long, he felt as if a red-hot iron was being pressed against his temples, the pain excruciating.
He shook his slightly dizzy head, forcing himself to stand up.
Two whole days.
During those two days of trading, he pushed his intuition to its absolute limit, engaging in relentless short-term buying and selling every single second the market opened.
Like a bloodthirsty shark, he ravenously tore at the market in a crimson ocean of stocks.
This time, the number of instruments he traded simultaneously and the speed at which he switched them far exceeded anything he had ever done before, to the point that he couldn't afford to be distracted for even a second.
This extreme self-sufficiency brought far more severe backlash than before.
Su Hao stood there for a moment, waiting for the dizzying sensation to subside slightly before pushing open the door and leaving.
"Ah..."
"My God..."
The trading hall was a mess.
His team members were slumped haphazardly in their chairs, their faces deathly pale, their eyes unfocused, like salted fish drained of all energy, completely paralyzed.
He walked over and patted each of them on the shoulder.
"Everyone, thank you for your hard work."
"No, not at all... Chairman Su, you're the one who's worked the hardest..."
A trader replied weakly.
"Alright, don't be so polite. Let's clear all the accounts, summarize the totals, and see how our results have been these past two days."
"Ah, okay, okay!"
These words were like a shot of adrenaline, and everyone immediately perked up.
A moment later, Liang Haiyuan, the director of the trading department, stood before everyone.
He held a thin sheet of printed paper in his hand, cleared his throat, and his voice trembled slightly with excitement.
"Our initial investment was six billion US dollars.
After these two days of continuous trading, after deducting all transaction fees and miscellaneous expenses,
our net profit is..."
Liang Haiyuan swallowed hard, as if he were about to utter a number that would scare him to death.
"Six billion US dollars."
"!?!"
"What the hell?! Six billion? US dollars?"
In an instant, the air in the entire office froze, then erupted in gasps of astonishment!
Everyone was ecstatic!
"Holy crap! Six billion US dollars went in, and in two days, we made six billion?!"
"Just... just two days! Such a huge sum of money, doubled?"
"My God! Even a printing press couldn't do this!"
"Seriously... these past two days, all I could think about was buying and selling, I was like a madman, I didn't even have time to check how much money we'd made..."
All they knew was that for the past two days, they'd been like emotionless machines, frantically executing "buy" and "sell" orders, their fingers practically sparking from the keys, with no time to even glance at their account balances.
By yesterday's close, most were so exhausted they were practically collapsing, too weak to even go home, sleeping on the floor in the company break room.
Who could have imagined that these two hellish days would yield such astonishing returns!
"Even with the US stock market crash these past two days, and the VIX volatility index surging to nearly 50 at one point, this return is just too..."
The US stock market crash was certainly one reason they made so much money, but frankly, it wasn't a financial crisis-level collapse.
The real key lay in the VIX index and a financial derivative called XIV.
Before this crash, everyone firmly believed the VIX index would continue to fall, so they poured their entire fortunes into XIV products that shorted the VIX volatility.
Rationally speaking, their predictions weren't wrong.
The problem is that no one expected the influx of funds to be so outrageous.
When funds are excessively concentrated, even a small fluctuation can trigger a chain reaction of forced liquidations.
And ironically, what ignited this fuse was the US government itself.
They suddenly released better-than-expected employment and wage growth data, which should have been great news, but instead sent a strong signal to the market about an interest rate hike.
This strong signal instantly ignited market panic regarding interest rate increases.
Panic spread like a virus, the VIX index skyrocketed, and XIV products designed for automatic position balancing instantly triggered massive liquidation procedures.
In an instant, trillions of dollars in wealth evaporated into thin air.
"The collapse of XIV triggered a domino effect, dragging the entire US stock market down.
It's said that in just the past two days, the global market has lost over ten trillion dollars."