Chapter 776 - 320: It’s You, Boeing! (Part 2)

Chapter 776: Chapter 320: It’s You, Boeing! (Part 2)

Jiang Banxia sensed that there was more going on behind the scenes than just this...

Moreover, there are many ways to short US Stocks, not just borrowing chips from brokers; real big players never make their moves so obvious.

A broker’s positions are public; how much is loaned out and how much is left must be disclosed.

Three days ago, the broker’s share remained at 25%, but in these three days, Li Yang’s account absorbed nearly twenty billion US Dollars’ worth of shares.

This indicates that there were still short positions in the market three days ago, but now they are decreasing.

On the night of March 5th, Jiang Banxia glanced at the situation.

She tracked Boeing’s movements in real-time.

Everything seemed normal, except the broker’s share had slightly increased.

Someone repaid their short positions; the market’s short positions should have been wiped out.

That day, Boeing’s transactions amounted to sixty-four billion US Dollars, which was significantly larger than usual.

On normal days, transaction volumes hover around fifty billion US Dollars; on the day of the previous major drop, it was only ninety-four billion US Dollars.

At this juncture, Jiang Banxia couldn’t see the trends clearly; the only thing she could do was apply hypothetical principles.

This way of thinking could only be triggered by Li Yang.

Suppose Boeing were to be massively shorted, then... the opponent certainly wouldn’t make it obvious beforehand.

The more stable things seem publicly, the more turbulent they are behind the scenes.

On March 6th, Friday night.

Jiang Banxia once again focused on Boeing.

Li Yang had already dealt with yesterday’s matters with Chen Peipei. Although some users inevitably left, at least the basic foundation hadn’t been shaken.

Now, the Huobi Platform couldn’t send internal messages; otherwise, those accounts would be directly suspended.

They could only wait for those transactions to end; if they were returned to the bank accounts, nothing would happen. If they continued, the funds would go directly to users, and they’d have to find ways to recover them.

If they couldn’t recover the funds, there was nothing to be done.

At this moment, Jiang Banxia suddenly said, "Honey, do you have any other securities accounts? Could you lend me one?"

"Hmm? What for?"

"I’m planning to short Boeing a bit."

Li Yang immediately responded, "Can’t do without it?"

"Yeah, yeah, yeah!" Jiang Banxia nodded earnestly.

Li Yang said, "Alright, I’ll ask Chen Peipei to get you a few accounts."

Although Li Yang was confident he could earn tens of billions of US Dollars from Boeing’s stock, with some luck, maybe even seventy or eighty billion.

But since Jiang Banxia wanted to try, he wouldn’t refuse.

After all, when he wanted something, Jiang Banxia didn’t refuse him, even if it might be a hindrance; there might be other reasons in the future...

A few minutes later, the accounts were set up.

Jiang Banxia began maneuvering funds.

Since she didn’t need to go to the company tomorrow, Li Yang simply joined in.

Then, he witnessed a remarkable scene.

Jiang Banxia directly borrowed five billion US Dollars’ worth of Boeing stock from a broker, leveraging it four times.

After borrowing these stocks, she immediately sold them on the market, pushing Boeing down by three percentage points instantly.

At the time, Boeing’s ability to absorb was not strong, and the market was unprepared for sudden major sales of chips.

Li Yang: "?????"

Making it so obvious clearly attracts others’ attention.

However, Jiang Banxia seemed to think it wasn’t enough yet; after the market mood slightly recovered, she borrowed another five billion US Dollars’ worth of stocks, with all configurations matching the last time, except this time there were more stocks.

Once again, she sold them off.

She acted decisively without hesitation.

Meanwhile, her other account started building a position, making small hand moves and buying Boeing stocks in multiple batches.

US Stocks have regulations that one account cannot simultaneously hold long and short positions of a particular stock.

And Jiang Banxia probably didn’t want anyone to know these two accounts belonged to the same person.

So, the buying account wasn’t leveraged, as initially, it wouldn’t purchase too much anyway.

This time, the stock was directly pushed down to seven percentage points underwater, and with the support of multiple funds, it began to climb slowly, ultimately reaching around five percentage points underwater. Jiang Banxia borrowed another five billion US Dollars’ worth of chips from the broker and sold them all at once.

This time the absorption force was very weak, almost pushing the stock down ten percentage points underwater.

Fortunately, Jiang Banxia’s other account caught the fall.

Once a stock drops more than ten percentage points in one day, US Stocks prohibit further shorting; brokers won’t open short contracts.

Jiang Banxia was precisely capitalizing on this line.

Boeing’s drastic fluctuations unsettled market chips, leading numerous funds to start selling off chips.

This all happened in less than twenty minutes after the market opened.

For Wall Street, an unexpected factor had emerged.

This time, Xinguan was an excellent reason for Wall Street; they were already accustomed to exploiting such black swan events to extract money from the stock market and garner enough profit.

Essentially, they held over fifty percent of US Stocks, along with local institutions that held around thirty percent, with the remaining twenty percent belonging to international capital.

For this reason, they set up positions a few days ago, and compared to others, Boeing was their most valued stock.

With a market cap of hundreds of billions, the bearish factors were also evident enough.

The most crucial point was their ability to manipulate the profits of any US Stock at will.

They could easily cause Boeing to lose tens of billions of US Dollars.

Similarly, they could casually provide other companies with tens of billions of US Dollar orders.

They had access to information that others couldn’t grasp.

For example, what the White House plans to do in a month appears in their offices the first time it’s discussed; they are the dollar’s enforcers, charging at the forefront.