High School Belle Fell in Love with Me-Chapter 325 - 168: I Still Want More! (Double Length)

Chapter 325: Chapter 168: I Still Want More! (Double Length)

To be honest, the skill level is really average.

The company he worked at in his previous life was just a third-rate private equity firm, where every trader was exceptionally aggressive and definitely earned their bonuses.

But considering this company was cobbled together by Xiangnu in a short period, it’s understandable.

He has to apply some pressure, otherwise, if they don’t get out today, it’ll be even harder next Monday.

Because tonight’s press conference will once again emphasize that brokerage firms are prohibited from providing any external margin financing facilities to individuals or institutions.

Next Monday, the A-shares will open with a 2% drop. Even though it stabilizes throughout the day, over a hundred stocks will still hit the limit down, mostly popular stocks.

This is a proper logic kill, having nothing to do with any technicalities.

Jiang Banxia definitely won’t be able to react quickly, because the majority of people can’t react in time.

Next Tuesday, the A-shares will plunge 4%, as if brewing a storm, with more than four hundred stocks hitting the limit down.

The most significant thing is that the A-shares are starting to shrink in volume.

Four days ago, the A-share turnover was still at 1.4 trillion, but yesterday it was down to 1.1 trillion, and today it’s even lower.

By next week, it will shrink directly to 800 billion, and then to 600 billion.

Many holdings won’t even have a chance to escape.

Next Wednesday, the market will continue to shrink in volume, dropping by 2%

Next Thursday, brokerages will notify financing companies that the information ports will be closed in two weeks, requiring all trust products to be settled promptly.

Financing is in cooperation with brokerages, where both work together via trust product models. Financing companies give money to brokerages, and brokerages launch trust products to provide financing to users, both charging interest in the process.

In a bull market phase, the lowest interest on financing is more than a dozen points, and the highest can reach twenty points.

And on this Thursday, the market directly experiences a black swan event, with the index plummeting by 5 points, and more than six hundred stocks hitting the limit down.

On Friday, this news reaches a climax, with the index plunging by 7.4%, nearly a thousand stocks hitting the limit down, and over 70% of stocks in the market dropping more than 5%.

From start to finish, there was no rebound, and in just five days, the index fell all the way to 4,400 points.

For individual stocks, that’s more than a 30% drop.

Seeing Jiang Banxia’s confident demeanor today, it’s clear she definitely won’t back out, because there have been instances of market collapse before, but emotions were subsequently restored.

However, this time is different; this really is the last time.

The boy-who-cried-wolf story has now reached its conclusion.

Even if Jiang Banxia loses 30%, she might still not stop.

As time ticks by, it’s almost 2:30 in the afternoon.

Li Yang glanced at the holdings, and today he’s only managed to sell over 6 billion.

This is even after his constant urging. 𝒻𝘳𝘦𝘦𝘸ℯ𝒷𝘯𝘰𝑣ℯ𝑙.𝘤𝑜𝘮

At this rate, by the close of the market, at most 7 billion will have been sold.

"Follow my instructions and directly dump 5% of the chips, nuclear button one-fifth of the position!"

The nuclear button means placing the sell order at the limit down price, allowing for instant execution.

One-fifth of the position likely won’t cause a limit down, but it’s mainly for convenience.

After selling this batch, as more funds press in after a dozen minutes, Li Yang once again issues the command: "This time, nuclear button one-fourth of the position!"

The index was initially standing at the 5166 level, but Li Yang’s operations forcibly hammered it down.

By the time the market closed, Li Yang managed to clear out 10.6 billion in funds, with 7.6 billion in holdings remaining. With frequent nuclear button operations, losses are inevitable. But he’d rather lose now when there’s still accommodating capital in the market.

In a few days, losing won’t even be an option, because any large-scale exit attempts would definitely crash the market mood, causing a limit-down hit.

The rest is much simpler.

"We’re done here!"

Coming out, Li Yang smilingly said to Jiang Banxia, "Master Jiang, it feels great to manage a hundred billion in funds, I’d like to continue next Monday, what do you think?"

Jiang Banxia replied with a smile, "Of course, no problem!"

"Oh, I sold 10.6 billion today, and still have 7.6 billion in holdings, planning to clear it all out next Monday."

"No problem at all!"

Jiang Banxia had no hesitation whatsoever.

Even if Li Yang lost billions, she thinks it’s reasonable, after all, it’s Li Yang’s first time operating with such large funds, understandable.

As for selling off? She can rebuild the position later, at most it’s a bit troublesome. Compared to Master Li’s patience with her, what’s this little calculation on her part?