“258 billion RMB bonds have been eaten up.”

"The offshore Renminbi market is warming up, starting to rebound.”

"Who is it? Has Tianxing Finance started hedging?”

The news of Tianxing Finance entering the market to go long on Renminbi spread quickly. The reputation built up over the years caused a lot of speculative capital to stop for profit or temporarily lock positions and observe, further driving the offshore Renminbi rebound.

In an instant, the offshore Renminbi surged 285 basis points, gradually recovering the previous losses.

"It’s Lu Liang’s funds, for sure!” The head of Xiangjiang Central Clearing Company, Liang Bingtian, showed a smile, his heart suddenly at ease.

Xiangjiang does not have an independent currency. The so-called Hong Kong Dollar is actually just a US Dollar voucher, issued by the central bank according to the amount of US Dollars they have.

As a currency system attached to the US Dollar system, their help in hedging the Renminbi against the US Dollar can also be seen as biting the hand that feeds them.

Once noticed by the Federal Reserve, who knows what could happen. Now that Tianxing Finance has stepped in and cleared the obstacles for the Renminbi rebound, they can also retire with credit.

"Just pulled up Big A, now moving to foreign exchange.”

"Damn, our corner finally has a financial conglomerate capable of fighting Wall Street. Who will dare say East Country is a financial backwater again in the future?”

The news spread quickly, and domestic foreign trade companies wished they could erect a longevity plaque for Lu Liang.

Due to trade friction, their days were already tough. If the Renminbi fell below 7 yuan, it would be like adding insult to injury for families already not well off.

At the same time, Wall Street, New York.

The bearish institutions led by Blackstone Fund also learned of Tianxing Finance’s move to go long on Renminbi.

"Stay calm, Lu Liang is not an unbeatable existence.”

Su Shimin surveyed everyone’s expressions and said coldly, “East Real Estate’s economic market is about to collapse. The Renminbi’s decline is a trend, and even if he is Lu Liang, he cannot change this fact.”

He regretted more than once, thinking that if Lu Liang had been nipped in the bud a few years earlier, perhaps he wouldn’t have become the formidable adversary they now feared.

Although shorting the Renminbi is the trend, retail and institutional investors act like a disorganized mob.

They are scared out of their wits upon hearing Lu Liang’s name, hastily closing or locking positions, afraid that the duck in their mouth will fly away.

"Mr. Steve, Lu Liang is firmly defending the 7-yuan level!” Wilson said solemnly, looking at the offshore Renminbi market. Since Tianxing Finance entered the field, the offshore Renminbi has continuously risen by 380 basis points, reaching 6.9530 yuan.

Every time they attempt to take action to push the Renminbi below the 7-yuan barrier, they face an unprecedented capital resistance.

The harder they suppress, the stronger the rebound.

Conversely, if they take no action, Lu Liang also takes no action, seemingly adopting a passive defensive strategy.

Su Shimin pondered, his mouth gradually forming a smile: “Because he knows he is acting against the tide. East Country’s real estate economy is undergoing transformation, and it is inevitable that some funds will flow out. This is also a fact he cannot change.”

"Friends, this will be the closest Lu Liang comes to failure, and it will also be a protracted and arduous battle.”

"Believe me, as long as we persist, victory will ultimately belong to us and only to us.”

Tianxing Finance currently holds circulating capital that will not exceed 200 billion US Dollars. He is curious to see how long Lu Liang can hold on with just this ABS capital, and how long can East Country’s real estate market last?

The longer it drags on, the more advantageous it is for them.

Once time enters the second half of the year, they will secure a comprehensive victory.

Whether it’s them or the United States, they will become the uncrowned kings of this planet, continuing to dominate the market.

"The second half of the year? After the celebration!”

Wilson’s eyes flashed with a realization, dispelling his last bit of confusion.

This piece of information he does not intend to tell Lu Liang directly, unless Lu Liang asks him and presents an enticing offer.

At the same time,

The international market trading room at Tianxing Financial Building.

"Mr. Lu, they seem to have slowed down their offensive.”

With keen intuition and data fluctuations, Wen Chao noticed the changes in the Foreign Exchange Market almost immediately.

Previously, they had spent considerable effort trying to break through the 7-yuan barrier, intercepting without reservation.

However, just moments ago.

The offensive against the Renminbi has slowed, with breaking 7 yuan no longer their target, at least not the short-term target.

They seem to have set the short-term target at 6.9800 yuan, incrementally consuming it, undeterred even if beaten back.

This move is also a declaration to the market of the international institutions’ determination to short the Renminbi in the long term.

Lu Liang nodded, his face showing a trace of seriousness: “The worst-case scenario has occurred.”

Their funds are insufficient to support a long-term war of attrition, not to mention significant events happening in the second half of the year.

With everything converging, whether they can hold on until March next year to launch a counter-offensive remains in question.

Lu Liang frowned deeply, pondering for a long time before saying in a deep voice, “You keep watching, I’m going to make a phone call.”

In Wen Chao’s puzzled gaze, Lu Liang exited the trading room and returned to his office upstairs.

Lu Liang had a way to solve the funding problem, but he needed to organize his words first.

After pondering for a long time, the unlit cigar in his hand had become torn and scattered, leaving tobacco all over the desk.

Before long, Lu Liang picked up his phone and dialed Chairman Pan’s number: “Chairman Pan, I understand why you haven’t taken action, but now we’re starting to struggle…”