Chapter 796 - 326: Guess When They’ll Call? (Part 4)

Chapter 796: Chapter 326: Guess When They’ll Call? (Part 4)

Not only did they suspend Jiang Banxia’s account, but Wall Street simply refused to communicate in the few exchanges they had.

This made Jiang Banxia angry enough to publicly announce the situation and declare that he would use his own funds to fight them!

According to Wanliu Capital’s announced holdings, they are not far from the disclosure threshold.

Without resorting to illegal means, it’s almost impossible for Jiang Banxia to defeat those Wall Street institutions.

Firstly, even if Wall Street has several hundred billion US Dollars worth of short positions to cover, Jiang Banxia doesn’t have enough funds to launch a counterattack. Even if he can borrow it, there’s no chance to buy enough shares from the market.

Under the best-case scenario, Jiang Banxia, sparing no costs, obtains 30% of Boeing’s shares. At this point, Boeing’s market value would have to be pushed above 400 billion US Dollars, requiring him to spend about 80 billion US Dollars, and even acquiring that many shares would leave him deeply trapped.

Disclosing the stake is possible, but a merger is unrealistic. Although a 30% stake is enough to issue an acquisition offer, in reality, it’s useless, unless Jiang Banxia can acquire over 50% of the shares and assert control as a major shareholder. However, even such control would be meaningless. Boeing is not profitable, so spending over a hundred billion US Dollars to buy a company with little utility is pointless.

It’s well known that the United States will not readily allow us to acquire their companies, even if they are rotten beyond measure, they won’t sell to us.

A merger is absolutely impossible, even if Jiang Banxia were to go to great lengths, in the end, success is unlikely. This is a completely one-sided game without fairness, on their home ground, with almost no constraints for the opponent.

Comparatively, Wanliu Capital is bound by layers of restrictions...

In my opinion, the best outcome is to stop while ahead. Wall Street seems to be seeking solutions, after all, the situation has already begun fermenting online. On Kuai Pai’s international edition, they can’t delete the content, and countless retail investors have decided to flood into Boeing. Once this momentum builds, both Wanliu Capital and Wall Street will be losers."

...

Starting March 18th, Chen Peipei began aggressively settling short position contracts, repaying over 40 billion US Dollars that day, utilizing more than 10 billion US Dollars of principal.

On March 19th, riding the favorable trend, they directly settled all contracts, repaying a total of 67 billion US Dollars, while spending only 22 billion US Dollars.

This transaction yielded a profit of 45 billion US Dollars.

Primarily due to executing several waves during the process, otherwise, they would have earned only around 36 billion US Dollars. Those waves not only avoided major drops but also captured the upward gains, although they used less than 20% of the shares, resulting in considerable overall profits.

Things are not looking very promising for Jiang Banxia’s side. Although both short and long positions are currently profitable, there are restrictions on the 50 billion US Dollar short positions account, and surveillance on another 30 billion US Dollar long position and 20 billion US Dollar long position accounts.

Along with Wanliu Capital’s account.

It’s highly possible they will all be restricted.

If restrictions take effect, then the only shares left in her possession are the Boeing stocks purchased on March 19th.

These stocks are not many, across a dozen accounts, totaling just 30 billion US Dollars, which occupy 3.46% of Boeing’s total share capital.

To turn things around with this small amount of shares, Boeing’s market value would need to rise to at least 270 billion US Dollars.

That evening, after having some food, Jiang Banxia went to the company with Li Yang to wait for the US Stocks market to open.

Today is Friday, the last trading day of the week.

In the office, Li Yang put his phone on the desk and said to Jiang Banxia, "Master Jiang, when do you think they’ll call?"