September 1st, net values were updated.
The net value of the third phase fund increased by 0.29, reaching 1.92, with the fourth phase fund starting its first month at 1.498.
Lu Liang, returning to private equity in his first month, achieved a profit of about 3 billion US Dollars with a principal of 11 billion US Dollars.
A host of investors fell silent, and even those far away in New York, like Wilson and Cruick, were engulfed in deathly stillness.
The reason was that they knew more; Tianxing's shares in Tesla had not yet fallen below 5% of the circulating stock.
This meant that the 11 billion US Dollars of principal had to be significantly discounted; the actual capital available for use wouldn't exceed 7 billion US Dollars.
With 7 billion US Dollars in principal, achieving a return of over 43% in the foreign exchange market wasn't difficult per se, but it posed enormously high risks, having used leverage of more than ten times.