After the Divorce, I Could Hear the Voice of the Future -
Chapter 393 - 390: The Disgusting Expert
"Tomorrow, as soon as the tripartite contract is signed and the funds arrive, we'll start buying Bitcoin."
In the evening, Lu Liang returned to Tokyo and on the way back, he discussed the subsequent arrangements with Wen Chao.
He wouldn't stay in Tokyo for too long, as he was due back home the day after tomorrow. The Panda Modu roadshow was impending, and Wen Chao would be in charge here.
"At the current price of $1,402, how much of our portfolio should we allocate?"
Wen Chao opened the trading software; the influence of Bitcoin Cash was still fermenting.
Bitcoin was initially set with a block size of 32M, but considering the small number of users in the early stages, to avoid wasting computing resources and to ensure the secure operation of the Bitcoin system, Satoshi Nakamoto temporarily limited the block size to 1M.
In the past two years, as cryptocurrency became well-known to the public, the price of Bitcoin soared, and transaction confirmations became exceptionally slow.
Therefore, Bitcoin Cash emerged, supporting an increase in block size to 8M, which was a technical route for on-chain scaling.
Although Bitcoin Cash was an auxiliary currency to Bitcoin, the public perceived it as a fork and, eventually, it evolved into a competitor.
Bitcoin Cash, which was initially offered at only $140, was speculated by the market to a recent price of $682.
Everyone was hoping it would become the second Bitcoin, aiming for $1,000, even $2,000, causing the original currency to be naturally overlooked.
"Full position, but try not to influence the market too much."
Lu Liang had considered shorting Bitcoin Cash, but a market less than a month old was filled with uncertainties.
Rumors suggested that Bitcoin would skyrocket, but he was completely in the dark about how Bitcoin Cash would fare.
In their tripartite collaboration, they contributed 300 million dollars, all from Mitsui Sumitomo's dividends; Lu Liang hadn't spent a penny.
However, for a money-making project, he still hoped to earn a stable profit, after all, time and energy were invisible sunk costs.
"How long should we hold this position?"
Upon hearing full position, Wen Chao was already accustomed to it.
Investment funds, also known by the professional term "hedge funds", use capital leverage and risk diversification as hedging investment strategies, thereby making profits in the market.
The most common practice is even if shorting the market, to invest a certain amount of funds in the long position.
If one wanted to short the market with ten billion, typically only six to seven billion would be used for shorting, and the remaining three to four billion would be allocated for long positions to hedge.
Funds with assets amounting to trillions of dollars, such as BlackRock and Vanguard, generally adopt this method.
Although they don't earn much, they also don't lose much, and at most, the aggressive type would go for an eighty-twenty ratio, but only Lu Liang would go full zero.
However, high risk represented high returns, and if it wasn't for going full zero, he wouldn't have been able to expand to this extent in just a few short years.
"Let's hold for a while and see."
Lu Liang didn't elaborate, at least not until Bitcoin climbed to twenty thousand dollars, only then would they qualify to compete at the high-stakes table.
At night, he returned to the Kanzaki Apartment.
Erii was meticulously wiping down the furniture with a cloth, carefully attending to every nook and cranny, not even noticing Lu Liang's return.
Miyuki was sitting at the dining table, with a laptop, tablet, and notebook in front of her. Seeing Lu Liang returning home, her face lit up with joy, and she ran up to him barefoot, pulling out her notebook.
"Sir, do you think this will work?" She smiled broadly, her face begging for praise and detailed her investment plan.
Three-tenths of the portfolio would be invested in East Country's Ningde Era stocks, as Lu Liang had predicted they would be worth a trillion in the future. With its current market value of over one hundred and forty billion, it was still at a low position.
Another three-tenths would be put in Bitcoin because she noticed Lu Liang paid close attention to this market, and the remaining four-tenths were kept in reserve.
Although sixty percent of the portfolio was related to Lu Liang, she did not see anything amiss; after all, resources should be well utilized.
After all, even the capital was provided by Lu Liang; to deliberately avoid Lu Liang's influence in investment would seem rather contradictory.
Lu Liang couldn't help but smile and shook his head, "I won't express any opinions. Invest as you wish."
Indeed, such allocation was reasonable and would make a fair amount of money, but it likely wouldn't reach the twenty million condition in two years.
However, he didn't voice this; without difficulty, it wouldn't be a challenge.
"Miyuki, the master just got back; he must be tired. Don't bother him with business matters anymore."
Erii gently reminded, ever since she found out that Lu Liang had given Miyuki two million dollars for market investment.
Miyuki had agreed and promised not to let Lu Liang down; she knew her daughter had completely fallen for it.
To begin with, for Miyuki, Lu Liang might have been a lifeline, but now that lifeline had become a lifeboat.
As a mother and a debtor, she had no choice but to teach by example, passing on some worldly experience.
Twenty years as a housewife taught her that men are exhausted from their work outside; at home, don't tire them more, let alone pressure them.
Home is a haven, a place for rest, not a source of stress; everything should be comfortable for the man of the house.
Heeding her mother's words, Miyuki quietly put away her notebook, draped her arms around Lu Liang's neck, and playfully asked, "Sir, would you like a bath or a shower tonight?"
"A bath," he responded.
Miyuki said, "Then I'll go run the water and prepare your clothes."
Erii added, "Sir, once you're done soaking, you can come out for dinner. I've recently learned a few Cantonese soup recipes."
Last time, she prepared several Cantonese dishes and discovered that Lu Liang preferred light flavors, so she specifically delved deeper into this area.
"Then I must try and see how authentic it is."
Lu Liang's smile gradually grew as he watched the mother and daughter, one heading to the bathroom and the other to the kitchen.
Having an elder in the house is like having a treasure, not to mention that this 'elder' was only old in terms of experience, and not actually old.
The next day, Lu Liang arrived at the company.
Ota Ling and Li Xuanhong were both there, but Ota Ling's expression soured upon seeing Li Xuanhong.
Here he was, the rotating president of the Mitsui Sumitomo Group, a president nonetheless, and Zheng Xuanyi had only sent a lackey to sign the contract. What was the meaning of this?
"Now that everyone's here, let's all take a look at the contract."
Lu Liang smiled, understanding but not voicing anything; it was unclear whether Zheng Xuanyi was genuinely busy or just pretending to be.
However, it now seemed that bringing in Hyundai Group was the right choice—a Korea needed to take down the Neon People.
It appeared that Li Xuanhong was also there under orders, totally disregarding Ota Ling and, with a smiling face, he asked Lu Liang, "Mr. Lu, is it your decision to have this company listed under the Mitsui Sumitomo Group?"
Last night, Zheng Xuanyi had spoken with him until late, putting him in full charge of this project and repeatedly reminding him to oppose any proposals from Mitsui Sumitomo without condition, and to comply with Mr. Lu's proposals unconditionally.
Since Lu Liang was seeking their support as a counterbalance to Mitsui Sumitomo, then they must fully accept this persona.
To steadfastly support Lu Liang and stand in opposition to Ota Ling.
Ota Ling's eyes were filled with malice as he said coldly, "This is Mr. Lu's decision. Does Hyundai Group have a problem with it?"
Li Xuanhong turned a deaf ear and continued to wait for Lu Liang's reply, who said with a laugh, "Mitsui Sumitomo is the major shareholder, so it's normal for the project to be listed under their name."
Li Xuanhong suddenly acted as though he was just made aware of this and decisively signed and stamped the contract, taking out the contract for a $330 million fund transfer.
"Mr. Lu, this is our funding, ready to be transferred into the public account at any time."
Ota Ling, struggling to contain his anger, called his assistant over, also presenting a contract with funds exceeding Hyundai's by ten million dollars.
Lu Liang remained composed and turned to Wen Chao, who, understanding the situation, also produced their $330 million, completing a billion dollars.
Mitsui Sumitomo had given them dividends twice, the first time $308 million, with $200 million sent to Detroit for initial construction.
The second time they had a dividend of $276 million, which meant Xingheng Investment's account now had $374 million. Taking out $330 million left them with $44 million still.
But the $44 million was not all there was, Lu Liang had another source of income, the 20% equity in the $300 million fund cooperatively managed with Mitsui Sumitomo and Old Ma.
Through a round of oil and one of foreign exchange, the $300 million had risen to $523 million, and 20% of that was $104.6 million.
Unbeknownst to him, Lu Liang's overseas assets had come to $688 million, not even including fixed assets like cars and houses.
Approaching noon, Lu Liang played host and organized a shareholders' team-building event.
With a smile on his face, he raised his glass and said, "Gentlemen, here's to a delightful cooperation, and to our flag flying high from the start."
Li Xuanhong's face was all smiles as he flattered, "With Mr. Lu involved, success is surely within our reach."
He was merely the President, not even ranked in the top five on the board of directors, so paying complements came without any burdens.
Ota Ling's gaze was hostile. If looks could kill, Li Xuanhong would have been slaughtered a thousand times over.
The scoundrel, stealing his thunder, what else could he add?
Li Xuanhong, grinning from ear to ear, basked in his advantage, "Mr. Ota, what's the matter? Don't you agree?"
Ota Ling felt like he was choking on his frustrations but was nonetheless forced to reply with a smile, "Of course not. We've collaborated with Mr. Lu on numerous occasions, each more enjoyable than the last. We've long known about Mr. Lu's capabilities; there's absolutely no need for doubt."
Li Xuanhong sighed, "Perhaps, it's just a pity that Mr. Lu met with our chairman so late."
The implication was, if Lu Liang had first made contact with Hyundai, there would be no dealings with Mitsui Sumitomo now.
If the collaboration had been genuinely enjoyable, then why was there a need to bring in Hyundai Group now?
"Mr. Li, say no more. Mr. Ota, don't stoop to his level. Let's all enjoy the food and drink."
Lu Liang was speechless, unable to remain indifferent any longer; Li Xuanhong was a master at provoking others, and if he continued like this, Ota Ling would eventually explode.
The status and position of the two were such that Ota Ling could not afford to be as unburdened as Li Xuanhong.
"I apologize, it's my first time working with Mr. Lu and Mr. Ota, and I got a bit overexcited."
Li Xuanhong, still smiling, no longer taunted Ota Ling, and instead started chatting about the enjoyable evening they had spent at Ming Tower Hotel.
He promised to take good care of Jisoo and Lisa, the two sisters, and even suggested that if Lu Liang had any preferred female stars, he could mention them to him.
That night, the preparations hadn't been enough, but next time, he would ensure Lu Liang had even more fun.
Ota Ling sneered inwardly, feeling a bit better; Nakamori Akina was a synonym for a 'white moonlight.'
Moreover, Sakurada Miyuki was not only a lookalike to Akina but also an academic from Kyoto University, creating an overwhelming superiority in terms of quality.
The allure of a 'white moonlight' could never be matched by the general run of Korean entertainment stars.
"Next time, if there's an opportunity, I might make another trip to Han City."
Lu Liang chuckled. He hadn't expected that the trouble he deflected would come back to him.
But the tit-for-tat was precisely what he wanted to see; if they were united, then he would be the one with a headache.
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