Chapter 25 of 100
Chapter 25
7 min read1,659 words
After dinner, Wang Zixuan returned to his study and began a new operation. The three accounts continuously opened short positions. To avoid affecting the market, Wang Zixuan worked until 2 AM, managing to open 500,000 short positions, worth over 60 billion US dollars, with a leverage of nearly 16 times.
Although Wang Zixuan was opening short positions slowly, the 60 billion US dollars in short positions still caused some sensitive funds to take profits. Seeing the profit-taking, some bold funds directly joined in the short selling, driving down the gold price.
Wang Zixuan was well aware of the recent gold price trends but, out of caution, did not continue to open short positions. The next day, Wang Liangming transferred 2 billion Chinese yuan to him. Wang Zixuan also asked the Wang family's private lawyer to apply for the Positive Energy Charity Fund and arranged a few other matters.
That night, the United States released economic data that was better than expected, causing the US dollar to rise and gold to fall rapidly. The 500,000 short positions opened the previous day quickly showed a floating profit of over 1 billion US dollars. Seeing the trend was irreversible and with over 1 billion US dollars in floating profit, Wang Zixuan immediately added another 500,000 short positions.
This time, his operation was exceptionally aggressive, with large orders continuously being placed, causing market participants to be terrified. The gold price also plummeted rapidly. It wasn't until the gold price fell by more than 5% that Wang Zixuan closed all his short positions, making a profit of nearly 5 billion US dollars on 1 million short positions.
Wang Zixuan's account more than doubled, reaching 1.2 billion US dollars. The 1 million short positions were worth over 100 billion US dollars. The rapid closure of such a large number of short positions finally stopped the fall of London gold. After the fearless bottom-fishers entered the market, London gold began to rebound.
When the decline in London gold narrowed to about 3%, Wang Zixuan opened another 500,000 short positions. This operation was equally aggressive, and the 500,000 short positions were quickly placed, scaring away the less determined bulls and causing the gold price to fall rapidly. By the close, London gold had fallen nearly 5%, and the 500,000 short positions in the three accounts showed a floating profit of over 700 million US dollars.
At Citibank, a group of white people gathered around the computer, watching the operations of Wang Liangming and Wang Zixuan. In just one day, the total funds in their accounts had increased from less than 1.8 billion US dollars to 4.1 billion US dollars.
A standing blonde man swallowed and said, "Just as Soros said, his market sense is very sharp, and his style is very ruthless."
The man in the middle pondered for a moment and said, "Next Monday, short 5 billion US dollars and buy call options to hedge."
...
The first weekend of December was dominated by Wang Zixuan. News about him was everywhere, overshadowing the ongoing national auditions for "China's Got Talent."
Similarly, the first to be shaken was the United States. Wang Zixuan's aggressive operations sent shivers through the entire gold market. The instant placement of hundreds of billions of US dollars in orders was too violent and too bloody. The market was littered with casualties. The slower-reacting bulls were all plundered by Wang Zixuan.
As all investors speculated on which fund was behind this violent plunder, someone discovered Wang Zixuan's prediction on Weibo. Wang Zixuan's prediction, combined with Soros's previous evaluation, led one investor to sell the news to several media outlets.
What was originally just a routine operation, at most a bit more aggressive, became exaggerated in the media.
"Chinese Predator Causes Gold Massacre, Plunders Billions in a Single Day."
"Chinese Tyrant Violently Manipulates Market, All Countries Should Ban Him, or Countless Investors Will Be Plundered."
This was purely for attention. As a representative of the free market, the United States could not arbitrarily ban anyone from entering the market, and the capital market was inherently a place of mutual plunder.
In this regard, the ethics of journalists, both domestic and foreign, were on the same level.
"Soros's Sharp Eye: Chinese Genius Earns Billions in a Day, Truly Deserves the Title of Predator."
While the international community was somewhat fearful of Wang Zixuan, the domestic community was in complete awe. Wang Zixuan had warned the Chinese people twice.
On December 1st, during an interview at the "China's Got Talent" event, Wang Zixuan only answered one question, predicting that a short-term top in gold was approaching.
On December 3rd, Wang Zixuan posted three red warnings on Weibo, warning that the short-term high in gold had been reached and that the European debt crisis was about to begin, suggesting shorting the euro.
On December 4th, London gold fell nearly 5%, and the euro fell 1.75% against the US dollar. Combined with the reprinted US media reports, Wang Zixuan's divine predictions shocked the Chinese people once again.
Phrases like "words come true" and "fall as predicted" were used to describe his predictions. China finally had a financial genius who could operate in the international market, rather than a "stock god" who harmed investors through market manipulation, insider information, and insider trading.
As various media praised Wang Zixuan, his Weibo was flooded with comments from netizens.
"Request screenshot."
"Request wealth display."
"Blind me with your wealth!"
"How much did the little prince of wealth make?"
"The Earth can't stop you."
"Request wealth display."
"Request screenshot."
"Husband, take a screenshot, and I'll post a nude photo."
"I'll post a nude photo too."
"Request screenshot, request nude photo."
"Request screenshot, request nude photo."
...
Wang Zixuan woke up at noon and saw the flood of comments on Weibo. He guessed that the request for screenshots was due to the previous night's gold plunge, and people wanted to see his profits. The request for nude photos was confusing.
Had the wastrel ever had a nude photo scandal?
Wang Zixuan was startled and recalled the wastrel's memories, finding no such hobby, which relieved him. After browsing the comments, he realized that a female netizen had offered to post a nude photo if he posted a screenshot.
"Such a lack of ethics, all comments are requesting screenshots and nude photos. My heart almost jumped out. I thought someone had taken my nude photos. You're all bad, I've decided not to post a screenshot."
This Weibo post immediately sparked a flood of comments.
"No more requests for nude photos, just request a screenshot."
"Kneel and beg for a screenshot, no need for nude photos, they're everywhere online."
"Kneel and beg for a screenshot."
"Kneel and beg for a screenshot."
...
Seeing the comments rapidly increase, Wang Zixuan knew many netizens were waiting to see his screenshot. He posted another long Weibo: "I won't post screenshots anymore to avoid being targeted by international sharks. Reporting to the country and the people, I made over 1 billion US dollars last night. The more money I make, the greater the responsibility. Once the Positive Energy Charity Fund is approved, I will donate 5 billion yuan.
Next week, I will establish a company to manage the Positive Energy Charity Fund, and I will cover all expenses. Every cent of the Positive Energy Charity Fund will be used for charity. I will have a website set up, and every donation can be traced. I hope everyone will supervise to prevent fraud.
Let's all be 'wastrels' together. I hope the Positive Energy Charity Fund can help those in need more quickly and effectively. I will continue to donate to the Positive Energy Charity Fund.
I hope one day I can proudly tell my children, 'Being the world's richest person is nothing; Dad has donated more money than he has.'"
This Weibo post instantly went viral. Netizens forwarded and commented enthusiastically.
"Great love, husband."
"Kneeling, made over 1 billion US dollars in one night."
"Another 5 billion donation, so impressive."
"Husband, I want to have your baby."
"I understand. To make big money, you must not treat money as money. Donated 6 billion, my heart!"
"Husband, you can do it."
"Husband, I want to have your baby."
"Husband, I want to have your baby."
"Husband, I want to have your baby."
Some netizens also forwarded Wang Zixuan's Weibo to major forums. Soon, various portal sites reported on it.
This time, few people thought Wang Zixuan was boasting. Whether it was his "wastrel" style or his ability to make money, he was credible.
Made over 1 billion US dollars in one night. As basketball player Amar'e Stoudemire's father would say, the sky is the limit.
Donating 6 billion, Wang Zixuan became the largest donor in the country, but he was not satisfied, hoping to donate more than the world's richest person's net worth.
What a noble spirit.
All media praised him lavishly, almost turning him into an embodiment of love and beauty.
Seeing the positive comments from netizens, Wang Zixuan finally got up to wash and dress. His large donations were partly to do good, as he had a tendency to "meddle" in others' affairs, which led to his rebirth. On the other hand, his aggressive money-making in the capital market made him feel guilty.
The capital market is a zero-sum game; his gains are others' losses. A few billion might be acceptable, but plundering over 10 billion in one night felt wrong, and he felt he needed to do some good.
Under these two mindsets, Wang Zixuan became a Robin Hood, robbing the rich to help the poor, but on a global scale, helping the Chinese people.
(Thank you to the reader "Jishi Fen Shen V" for the 100 RMB tip, "Wutong Liuxu Qing Feiyang" for the 200 RMB tip, and "Fushou Jianzhi Ya" for the 588 RMB tip and full score review. I will strive to write to a full score.)