Chapter 339: Chapter 339
Twenty minutes passed.
Shiseido’s stock price had plummeted to an alarming 6,630 yen!
Luofeng’s investment company was shorting Shiseido with 34.70 billion yuan at stake.
Now was a good time to exit!
The current decline of Shiseido was a rational one.
Were Shiseido shares worthless? Of course not. Otherwise, they wouldn’t have such good sales. No matter how much they fell, they couldn’t possibly become worthless. And Shiseido had its own countermeasures, but whatever those were, they were none of Luofeng’s business. Luofeng just needed to clear his position.
With a single command from Luofeng, the company swiftly cleared its positions and exited the market!
The average price for clearing the position was 6,650 yen.
Their average shorting price was 8,150 yen.
Under the third step of the plan, Luofeng and his colleagues made a profit of about 6.4 billion yuan.
The profit margin was around eighteen percent.
Luofeng’s company’s funds had now reached 41 billion yuan. They had entered the market with just 28 billion yuan.
The return on investment was around forty-six percent, far greater than the twenty percent Luofeng had mentioned.
This was the result of their aggressive swing trading.
In three days, Luofeng and his team had turned their 28 billion yuan into a profit of 13 billion yuan.
The speed of making money was terrifying.
With individual profits exceeding 3 billion yuan each over the three days, it averaged out to a profit of nearly 1 billion yuan per person per day!
Luofeng’s investment company safely retreated.
The ’brothers’ in the group chat also became lively.
Chen Dali: "Thrilling, so thrilling! Brother Feng, you’re truly our hero! Shiseido has fallen so much; how much did we earn?"
This time, even Chen Dali was respectfully calling him ’Brother Feng.’ After all, this was 3 billion yuan in profit! Isn’t that wild? A profit of one billion yuan a day?
Li Bo Kai: "I have a feeling it’s going to be a substantial amount."
In reality, everyone knew it was between 2.5 and 3.2 billion yuan, but they hadn’t done the exact math yet.
Lin Xiaoyun: "My supercar team shouldn’t be a problem now."
Luofeng: "Hold on, the company is still finalizing the numbers, but a profit of 3 billion yuan per person is basically guaranteed."
Luofeng: "All of you, keep a low profile. This time we fleeced some newbies, and I doubt Sakura Country will let this go easily."
Lin Xiaoyun: "There’s no problem with our operations!"
Luofeng’s company reported the data to him.
Luofeng started to send messages in the group.
Luofeng: "The data is in. In total, we have gained 41.114 billion yuan in funds. We had a currency exchange loss of 7.2 million yuan. For a safe retreat, our funds had to be transferred multiple times, which will incur an additional handling fee loss of about 42 million yuan. So, the final amount of funds obtained should be around 40.5 billion yuan. Of course, there are bonuses. My company’s traders are to be paid a bonus of 2,240 yuan. Chen Ping and Tong Tianlong will each receive 2 million yuan in bonuses. The eighteen traders will each get one million yuan. The logistics staff will receive a total of 400,000 yuan. Plus, you all still have loan interest to account for!"
Luofeng: "Li Bo Kai, also, prepare a 2-million-yuan reward for Zhang Changjiu. He earned it."
After all, Zhang Changjiu was a great help this time.
Li Bo Kai: "Hahaha, Brother Feng is so generous! I bet Zhang Changjiu will be thrilled! Looks like we’ll have one more person celebrating at the bar tonight!"
Lin Xiaoyun: "Forget it. Zhang Changjiu can’t hold his liquor at all; he caves after a single beer."
Chen Dali: "Party tonight? Are you going, Brother Feng?"
Luofeng: "You’re asking if I can go to a party? Don’t you guys have any sense? You’re constantly chatting in the group about black stockings, high heels, and foreign women! You think Duanmu Yunji doesn’t see it? I seriously suspect you’re all trying to get me into trouble!"
Li Bo Kai: "It’s all Brother Dali’s fault!"
Lin Xiaoyun: "However, the wise Brother Feng has seen through everything."
Chen Dali: "......" Updates are released by 𝙣𝙤𝙫𝙚𝙡⁂𝙛𝙞𝙧𝙚⁂𝙣𝙚𝙩
Everyone’s funds and profits were allocated.
The three brothers each made a profit of 3 billion yuan.
「Meanwhile, in Sakura Country,」
In an office of the economic investigation department, more than a dozen investigators were discussing the current situation.
"Ladies and gentlemen, we’ve initiated an investigation concerning the abnormal stock price movement of Shiseido. Our preliminary assessment is that Fengshun Investment Company from Daxia is behind these market manipulations!"
"We have some information regarding this company!" Yamada Haruichiro said, operating his laptop. Information about Luofeng’s investment company then appeared on the large projector screen.
"Gentlemen, please observe. During Shiseido’s last stock price fluctuation, they reaped the largest profits, possibly exceeding 56 billion yen!" Yamada Haruichiro explained. "Their company’s involvement is evident in this current fluctuation as well. When they shorted, a large volume of negative information about Shiseido appeared on the internet. When they went long, market sentiment shifted to favor Shiseido. The next time they shorted, negative information appeared again. In three days, this company, through such methods, harvested at least 190 billion yen in profits. I urge you all to thoroughly investigate this company and request cooperation from Daxia officials."
「At 6 o’clock in the evening,」
In Luofeng’s apartment, Duanmu Yunji was choosing dinner.
Luofeng escorted Qin Rubing out of the bedroom. This Qin Rubing was getting more and more accustomed to Luofeng’s hugs. Every time Luofeng hugged her, she actively opened her arms and wrapped them around Luofeng’s neck. Sometimes she would even sneakily play with Luofeng’s ear or tickle his neck. If it weren’t for the fact that she couldn’t put weight on her left leg, Brother Feng would have given her an unforgettable lesson.
At 6:20 PM, dinner arrived.
Luofeng casually said, "Baby, shall we go look at cars tomorrow?"
"Ahem, ahem, ahem!" Duanmu Yunji’s face turned slightly red.
Actually, Luofeng had done it on purpose. He had purposely called Duanmu Yunji ’Baby.’ This was his way of responding to Qin Rubing—that beauty—having touched his ear earlier when he was hugging her.
Can a man’s ear just be touched casually? Was I paid for that? A touch like that... isn’t it worth over three hundred yuan?
"Brother Feng, is everything wrapped up over there?" Duanmu Yunji asked.
"Affirmative," Luofeng replied. "We wrapped it up this afternoon. We did well this time; tomorrow we can go see the Rolls-Royce!"
"Mhm, mhm!" Duanmu Yunji nodded obediently.
"Luo the Immortal, how much did you make?" Qin Rubing asked curiously.
"The truth or a lie?" Luofeng countered.
"What’s the truth? And what would be the lie?" Qin Rubing countered back.