Chapter 838: Reactivation

Chapter 838 -341: Reactivation

Jiang Banxia’s operation on Boeing stock came out of nowhere, without any basis.

Simply due to some market conditions, it inexplicably shifted into another rhythm and turned into a financial game.

Just like cryptocurrency speculation.

Who is the winner?

Hard to say.

Perhaps Jiang Banxia did the most, but she wasn’t the one who made the most money.

But at least one thing can be proven: Jiang Banxia completely has the ability to handle things of this caliber.

By comparison, Bitcoin seems like child’s play.

At its peak, Bitcoin’s market cap was only over a trillion US Dollars, with at most 70% of the tokens available for circulation, not even on the same level as this matter.

Moreover, the legitimacy of Boeing’s product is unmatched by Bitcoin.

Globally, trillions of US Dollars frantically pouring into Boeing means it probably won’t stop anytime soon.

Even though Li Yang originally planned to go to Capital City in December, since Jiang Banxia didn’t allow it, he decided to stay a while longer.

If necessary, he would go over when the new car launch takes place.

“Ling You’s birthday is in a few days, Mom and Dad will be going.”

“Hmm, hmm, you should come too!”

“Oh, all right, then prepare something by that time.”

Jiang Banxia: “??? What to prepare?”

…

When Li Yang returned, he mentioned something in the wealthy women group.

“Initially, I planned to go to Capital City a while later, but now it seems I can’t go. I’ll have to wait until the Extreme Shadow Cars launch at the end of January.”

A promise was broken.

It must be said that Jiang Banxia is playing too wildly.

She could have directly withdrawn, leaving with thousands of billions in profits.

But she felt there’s more to come.

During this period, Boeing’s rise wasn’t particularly fierce; overall, it seemed more like a consolidation phase.

Daily trading was at least 60 to 70 billion US Dollars, and on active days, the trading volume could exceed 100 billion US Dollars.

Even at its peak, Bitcoin didn’t have such trading volume, and such craziness had never appeared in the history of US Stocks.

Li Yang knew that NVIDIA would see a single-day trade of over 80 billion US Dollars a couple of years later, with an average daily trading volume around 60 billion US Dollars.

At that time, NVIDIA’s market cap was 3 trillion US Dollars.

Currently, Boeing’s market cap is close to 4 trillion US Dollars.

Especially in June, after the US Dollar flood, the whole US Stocks market emerged from the gloom of circuit breakers and climbed high.

The number of retail investors in US Stocks increased by hundreds of times, after all, everyone more or less had a few thousand dollars on hand.

That amount couldn’t do much, so putting it in the stock market naturally was the best choice.

The latter part of Boeing’s funding came from this money.

Currently, Jiang Banxia has cashed out 260 billion US Dollars and left the market, with 300 billion US Dollars still in the market, but how much more she can earn later, Li Yang couldn’t estimate.

No one knows when this trend will end.

In the stock market, creating trends is always the most profitable.

The same goes for Bitcoin; as Jiang Banxia sold all her tokens, Bitcoin’s price shot up from the previous 5,000 US Dollars to over 8,000 US Dollars.

The batch of short positions that previously contested with Jiang Banxia had long since burst and triggered a forced closure.

They couldn’t continue to provide margin nor afford to purchase long positions for settlement, choosing instead to let things slide.

After all, the Huobi Platform did not have the capability to pursue accountability, at most they would forfeit the money in the account.

The funds of all users on those Bitcoin trading platforms have already been completely wiped out, and during this period, to pay contract interest, they even borrowed money from Wall Street.

If it weren’t for the recent rise in Bitcoin’s trend and a new influx of funds into their platform, the platform wouldn’t even be operational now.

Even so, there’s still a gap of hundreds of billion US Dollars.

If there’s a user fund run on the platform, they simply wouldn’t be able to provide the money.

At the same time, the account on Huobi owes over a hundred billion US Dollars… after all, with contracts worth thousands of billions, the cost of forced closure is huge.

Li Yang didn’t earn much here; in total, he earned a bit over a billion US Dollars, the rest of the funds were earned by platform users, especially those who previously took on short positions, generally making over 30% in profit.

That’s also why Jiang Banxia didn’t want to raise; she would rather earn 2 billion US Dollars in interest every year than let the opponent settle the contract and leave.

The interest is firmly hers, but the contract settlement money isn’t, as they only hold long contracts worth hundreds of billion US Dollars.

Moreover, to stabilize the impact of so many short positions held by the opponent, they also sold contracts worth over 200 billion US Dollars for buffering, otherwise the contract price would invert too much.

Even so, there was still an inversion of nearly five points, and market trading went crazy. 𝒻𝑟ℯℯ

It’s unrealistic to have them cash out all long contracts; even if they could earn some, there wouldn’t be much opportunity afterwards.

Previously, Li Yang would at most buy a contract worth one or two billion US Dollars, only being able to buy more with the counterparty.

Time quickly passed to the end of November, with only a few days left until Li Lingyou’s birthday.

The past few days, Li Yang had been busy with armed transport activities; every day, over a dozen vehicles drove to the villa area, each carrying three tons of gold.

The procurement cost of this batch of gold was converted to 290 per gram, while the current price of gold is 300 per gram.

If sold now, according to bulk precious metal trade prices, it’s still a loss, at most selling at 280.

As per the previous agreement with Chen Peipei, they would split it half each.

After unloading, Li Yang directly instructed Li Likun to use a forklift for transport, as each box holds a ton, something impossible for a person to do manually.