It's like ordinary people can't understand how people with assets of hundreds of millions can spend so much money, but they don't know that people with assets of hundreds of millions can start spending and investing in millions.
Li Jin now often uses hundreds of millions as a unit of measurement.
The 500 million U.S. dollars arrived within a minute of his instructions.
After shrinking the Nasdaq index, Li Jin focused on international futures.
In international futures trading, rubber, as an important production material, is naturally one of them.
And the Xu family happens to be one of the rubber kings in Southeast Asia.
The collapse of the U.S. stock market also affected the normal operation of other financial systems in the context of global economic integration.
For example, the futures market has not been calm during this period.
The decline in the past few days has caused rubber futures prices to fall below the $1,200 mark.
It can be clearly seen from the trend of the market that wealthy people such as the Xu family, whose core is the rubber industry, have been investing money in an attempt to drive up rubber futures prices in the past few days.
Without any further hesitation, 200 million US dollars rushed directly into the market to short-sell and hedge.
Due to the fierce tiger Li Jin's intrusion, the tepid rubber futures started to fluctuate and fall sharply like a barrel of gasoline igniting a flame.
Big market trends that have nothing to do with the market's own economic laws, no matter whether they rise or fall, must have market makers entering the market to control the market.
And today, Li Jin is this village.
200 million U.S. dollars in short selling caused rubber futures prices to plummet.
The unit price of US$1,200 dropped to US$1,150 in a matter of seconds.
Li Jin saw this and entered the market again with $100 million.
The price dropped to $1120.
This scene was directly transmitted to the computers of countless buyers and sellers of rubber futures around the world.
As a result, countless people began to sell their rubber futures in panic.
They believe that rubber futures are likely to accompany the U.S. stock market.
This violent decline has caused many people to liquidate their positions directly.
And similarly, this news also reached the Xu family.
As one of the world's major rubber producers, the Xu family's price sensitivity to rubber futures exceeds everyone's imagination.
Xu Heng's phone rang five minutes after Li Jin entered the room.
"Father."
Xu Heng held his mobile phone and greeted with a serious expression.
“Someone is attacking rubber futures.”
On the other end of the phone, a slightly aged voice came out with a steady voice.
Xu Heng's brows jumped.
"Is it Li Jin?"
Xu Heng's father, Xu Chongshan, said: "You should stop first."
Although Xu Chongshan did not respond to Xu Heng's words, his conjecture was obviously acquiesced.
Xu Heng was furious when he heard this and said: "How can Li Jin be so virtuous that he can make the Xu family bow their heads?"
"Confused!"
Xu Chongshan shouted lowly.
"Who is Li Jin? He has the ability to move global futures prices?"
"But you have to see clearly what time it is now. The sudden accident in the United States has caused the United States to evaporate trillions of dollars in wealth from yesterday to now."
"In this unprecedented collapse situation, as long as a little force is needed, it may cause a panic selling storm anywhere."
"Li Jin invested at least US$300 million just now, but do you know how many sales orders appeared along with it? Tens of billions!"
"300 million leveraging tens of billions of leverage is something that would never happen in normal times, but in this special period, no one can stop the collapse of market confidence. Once the rubber futures fall and form an avalanche, the Xu family's losses will be huge.