High School Belle Fell in Love with Me
Chapter 804 - 329: They’re About to Become My Cash Cows
Chapter 804: Chapter 329: They’re About to Become My Cash Cows
On Monday, at market open, Wanliu Capital surged by eight points, marking the largest single-day increase since breaking the three trillion market cap.
Wanliu Capital itself doesn’t have many shares available, with most holders keeping them tight for the dividends, never considering releasing them.
Theoretically, it should have hit the limit today; pulling it to the top doesn’t require much, just a few billion funds would do.
However, Li Yang started reducing his holdings during this period. Although the daily reductions varied, sometimes over a billion and sometimes a few hundred million, it still released a considerable amount of shares in the market, increasing the pressure to raise the limit significantly.
The main logic behind today’s rise is due to Wall Street not taking any clear actions over the weekend.
If Jiang Banxia really leads one of the few herds in US stocks this time, it means her fame is spreading overseas entirely.
Whether money is made this time or not, gaining fame is still a good thing.
Once the US stock market opens, Li Yang and Jiang Banxia each attend to their own tasks.
Jiang Banxia increased her stake in Boeing at the first moment of market open.
After A-share announcements, further purchases are not allowed within three days, whereas US stocks have no such restrictions.
As a major shareholder with over 5%, each purchase triggers a system announcement.
Even if she only increased her stake by less than five hundred thousand US Dollars, it was a significant boost.
On Li Yang’s side, he was buying in the US stock market.
As Wall Street has already cashed out, they will undoubtedly drive the market subsequently.
Even though it’s known that he is also buying, due to his highly diversified holdings, it’s impossible to target him specifically.
Moreover, currently, both sides are aligned, so there’s no need for conflict.
Apart from Boeing, where they stand on opposite sides, there’s no conflict between them on others.
With Jiang Banxia boosting it, Boeing directly surged another 30%, the stock price approaching nearly two hundred ninety US dollars.
It almost regained all the loss from the past half month in just two days.
At this position, the pressure is tremendous; many who were previously buried under thought they would incur huge losses, but they were quickly freed.
Not only freed, but they also made a profit.
Thus, those who couldn’t stand it chose to sell off immediately.
On that day, Boeing’s trading volume reached one hundred ninety billion US dollars.
If it continues to be driven up, the trading volume could easily break through two hundred fifty billion US dollars.
Li Yang’s side was almost done with his work, not having much money to begin with, a trading day was enough to get all in place.
The US stock market was in a complete rebound, with the S&P index rising by four points today, the trading volume nearly nine hundred billion US dollars.
On a regular day in the US stock market, the trading volume is around five hundred billion US dollars; during promising times, it stabilizes between six hundred and eight hundred billion US dollars. A daily trading volume reaching nine hundred billion US dollars signifies a highly vibrant market.
The A-share market works similarly.
On regular days, the trading volume is between six hundred and eight hundred billion, whereas after the New Year, the daily trading volume hasn’t dropped below one trillion, and even reached a high of one trillion four hundred billion on some days.
A single-day trading volume of one trillion four hundred billion is enough to rank among the top ten in A-share’s historical single-day trading volumes.
The top spot was during the insane bull run in 2015, with a single-day trading volume of a full two trillion.
The rebound in US stocks marks the official start of a global financial storm.
This year, with Wanliu Capital’s momentum, the A-share is likely to go even higher.
Because the institutions that previously opposed Wanliu Capital haven’t officially entered the game yet.
It’s unlikely they’ll band together in small-cap stocks now, instead, they’ve started quietly intervening; otherwise, Wanliu Capital’s previous heat would have cooled off by now, but trading volumes are growing day by day.
After the trading room staff left, Li Yang walked over to Jiang Banxia.
"Master Jiang, any promising projects today?"
The next second, Jiang Banxia turned around and looked up at Li Yang.
Her eyes seemed to be veiled with a layer of yarn.
Just as Li Yang was full of anticipation, she suddenly said, "No!"
"..."
Time to eat, head back.
While Jiang Banxia appeared to do nothing today, it wasn’t easy in reality.
Wall Street was clearly doing nothing, waiting to see how far Jiang Banxia could stir things up.
If she has what it takes, she’ll raise Boeing’s stock price to six hundred US dollars; it’ll only be a market cap of a little over five hundred billion US dollars.
The pressure from above will only grow larger.
In the end, all will be trapped, and the real winners are those who were previously reluctant to sell their shares.
After taking a bath, Jiang Banxia quietly said, "Isn’t it unwise this time? They might target Kuai Pai."
"What’s unwise about it? Money in our hands is the only value; in others’ hands, it has nothing to do with us. Besides, haven’t we always managed without others’ help? Now they are helping us a bit, does it really hurt?"
"Moreover, they’re not just helping us, they’re helping themselves too. They are more eager than us for the international version of Kuai Pai to secure a market overseas; this way, media clout won’t be overly controlled by others."
Jiang Banxia added, "But if they pay too high a price, it might be paying more than it’s worth."
"Oh, you think too much. What can they possibly sacrifice? At most, they’ll engage in war of words and mutual threats. After all, we’re holding onto their lifelines too... What’s amazing about us is that anyone dares provoke us on the surface, but in reality, nobody dares to really burn bridges with us. Which country isn’t in partnership with us? How many countries don’t rely on our industrial products for survival? So....Make the profit while we can. Anyway, if those terms in their hands aren’t used, they’re wasted. Let’s consider that we’re cashing it out, worst case, we donate a bit more money after some time......
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