Throughout January of the new year, in an environment where many star funds were cut in half one after another, the mixed performance of Tiansheng Value Growth put other similar funds to shame.
Only in a plummeting market can real strength be shown, and those with weak strength will immediately show their true colors.
The outstanding results also aroused the jealousy and dissatisfaction of colleagues. Everyone rushed to cut you off, but you, Lu Ming, were unsociable and had no emotional intelligence at all.
However, Lu Ming didn't care at all about being jealous or even isolated by his peers, and he didn't want to play with them in the first place.
The strong are always lonely.
Lu Ming can distinguish between primary and secondary conflicts. Being isolated and jealous by his peers is definitely not the primary conflict, nor can it even be said to be a secondary conflict.
Tiansheng Capital's LPs are really big funds such as social security funds, university endowment funds, family foundations, and large trust institutions. These are the real core partners and long-term strategic partners.
Then bring together individual ordinary investors through public funds.
What Lu Ming wants to do is to follow Buffett's model and make a qualitative change from myth to belief. By continuing to create mythical performance, he will gain a group of fanatical believers and regard the name "Lu Ming" as the investment belief of his followers.
This name has become the hardest investment logic in the eyes of investors.
…
Also on the evening of January 4th, not long after the market closed today, Lu Ming explained the company's affairs to Su Xiaoman and then led a group of key teams selected from within the company south to arrive at the company that once made Soros defeated.
The Oriental Pearl of Xiangjiang!
Around the same day, we stayed at the local Ritz-Carlton Hotel.
Qi Wei arrived in Xiangjiang two weeks ago. Tiansheng Capital already had an office in this city three months ago. However, Lu Ming did not go and asked Qi Wei to prepare in Xiangjiang.
An independent place, that is, the command of this currency war was secretly completed at the hotel Ritz-Carlton.
The trading team brought this time all live in the hotel, and the same floor has been rented out. Most of the rooms are vacant, of course, to avoid people waiting to come and go.
Except for a few key figures, outsiders did not know that Lu Ming had come to Xiangjiang. The specific operations were in a dedicated conference room, which Qi Wei had already completed in the past few days.
At this moment, Lu Ming was sitting in the living room of the hotel room, focusing on a laptop and paying attention to the current foreign exchange market.
An Yirou entered the guest room where he lived and saw Lu Ming in the living room and walked towards him, "The temporary trading room in the hotel has been arranged. The final test was conducted today and everything is correct."
Lu Ming replied with a "hmm" without even raising his head.
As I was looking at the laptop screen, a white hand suddenly closed my hand and pushed the laptop aside.
Lu Ming laughed for a while and said, "I can only watch it in the future."
…
January 5th.
Lu Ming got up and had a light meal before leaving the guest room and went to the trading room on the same floor of the hotel. It was also temporarily arranged from the conference room. It had a large space and a good environment.
The trading team brought this time, including Qi Wei, has a total of 16 people. They have signed a strict confidentiality agreement before following Bo SS south to Xiangjiang. All information during this period will not be disclosed to the outside world for the next five years.
It was revealed that even so, Lu Ming did not explain too many details to them.
The team members knew very little. They only judged that Bo SS came to Xiangjiang this time to do something big in the financial market.
When Lu Ming entered the trading room, the team members had already arrived in advance, and the temporary workbench in the hall was already filled with hardware equipment. When Qi Wei saw SS Bo coming in, he closed the door and said, "Mr. Lu, the equipment has been
You are fully prepared and your account is fully ready and ready for trading at any time.”
Lu Ming nodded.
Currently, the onshore RMB market trading time is 1:30, while the offshore RMB market has almost 24-hour uninterrupted trading hours every working day, and it is T+0.
The so-called onshore market is the domestic mainland market, while the offshore market is the market outside the domestic mainland market. The main difference between offshore and onshore is that the latter has stricter controls, while the former has more connections with the international financial market.
Closer and more susceptible to fluctuations in international financial markets.
Because of this, the exchange rate speculation in the offshore market is much richer than in the onshore market. In addition, the central government rarely intervenes, so transactions in the market are more continuous and fluctuations are not restricted.
The offshore market has various financial derivatives such as swaps, spot, forwards, options, etc., which itself has relatively high leverage. After so-called improvements, it can continue to be made into different combinations of nesting dolls.
Pushing up the leverage will magnify the returns, but the risks will also be exaggerated.
Lu Ming looked around at the team members in the hall and said: "Before you start trading, you must be aware of one problem. I do not do quantitative trading or hedging trading. I only do unilateral stud operations."
A bold speech.
Lu Ming solemnly said: "At the same time, the danger level of the offshore foreign exchange market cannot be compared with that of Big A. This is the real place where demons are dancing. The market we are about to enter is a market filled with a large number of top players such as hedge funds."
The direct point is the top operators on Wall Street."
The dozen or so traders present were all young people, none over thirty years old. They all stared at Bo SS and listened without saying a word.
Lu Ming added: "Of course, what I want to express is to pay attention to your opponents, but don't be afraid of them. If you are pushed into a hurry, they will chase the rise and kill the fall. They are no different from Big A's leeks. They can really be compared with each other.
Leeks are 10,000 times more decisive. In the next game, compared to our opponents, they are playing away from home and we have the home field advantage."
These words made the team members smile knowingly, and Lu Ming continued: "This time we went south and brought more than 300 billion, which is 50 billion US dollars of bullets, to kill these so-called top Wall Street operators."
Bo SS did not use too many fancy words to decorate it. It can be said that it was a very simple speech before the market, but everyone listened to it with a surging emotion like a surge of blood.
In everyone's mind, Wall Street's status in the financial world is self-evident and can be said to be a supreme authority.
But they were the ones doing it!
Lu Ming did not talk too much and directly issued a trading order: "Start buying the bottom immediately and go long RMB. Our best trading window is only the last four trading days of this week, 50 billion US dollars, today, tomorrow and
The day after tomorrow, we will go long 10 billion U.S. dollars respectively, and the day after tomorrow, that is, the last 20 billion U.S. dollars will be filled up on May 8. You heard me right, it is such a simple and unpretentious operation."
The foreign exchange market transaction is T+0. In theory, it can be traded countless times. However, the offshore RMB will depreciate rapidly after being jointly shorted by international hot money. On May 8, it will usher in a round of sharp decline, and gradually the layout will be
On this day, the costs are spread evenly to magnify the profits. This time, it is quite simple to take out the international short-selling institutions. It is to go long against their opponents.
Lu Ming didn't care whether the time might be delayed by one day or advanced by one day. Anyway, the international hot money had joined forces and their arrows had to be fired.
The team members in the hall started trading after receiving the order from Bo SS. They were all excited. Bo SS was still as tough as ever. With 50 billion US dollars of funds, he did not do any risk hedging and went long unilaterally.
It is said that the risk index explodes.
The wave SS is still the familiar wave SS, the same stud monster as always!
It's really just a shuttle. It wins the club nenmo, but loses the rhythm of working in the sea.
This group of traders have received enough training from Lu Ming in the past year, especially last year's super market and flash crash market. A single transaction volume of hundreds of millions will not make their hearts beat wildly.
, from the very beginning when I was doing hundreds of millions of transactions my hands would shake, but now I have become extremely calm.
Lu Ming did not explain too much to them the logic of going long unilaterally in the context of the current sharp fall in the offshore RMB. The less they knew, the better, and they just carried out the operation instructions.
