Chapter 865 - 350: They Have No Responsibility in This Matter? (2)

Chapter 865: Chapter 350: They Have No Responsibility in This Matter? (2)

Judging from Li Yang’s tone, it might be more than $500 billion.

This amount of money, even for a giant like Wanliu Capital with trillions under management, is considered an astronomical fortune.

No wonder Li Yang was tempted.

Recently, domestic funds investing in the US stocks surged tremendously. In just over a month, it increased by nearly $30 billion, with subsequent monthly increases in tens of billions.

Those funds all profited, but the gains have not been locked in.

Previously, Jiang Baichuan thought Li Yang’s actions for $200 billion were not worth it. If Boeing’s stock price collapsed, the domestic capital losses would be in the hundreds of billions, not to mention the profits.

The profits might even exceed $300 billion.

"Maybe around $700 billion, it’s not much." Li Yang gave a perfunctory number.

"You... call this not much? Do you know how much the entire country earns in global trade surplus annually? Just over $600 billion!"

"Do you need to be so shocked? That’s Jiang Banxia. From the beginning of last year to the start of this year, she spent a whole year on this. With so much capital in play, earning some money is expected, isn’t it?"

Jiang Baichuan: "..."

That sounded quite reasonable.

The more he thought about it, the more excited he got.

This is Jiang Banxia!

Just give her a chance, and she can create any miracle.

Boeing’s scale is indeed large, but compared to the global financial market, it’s insignificant.

Real finance is always a contest between great powers, involving enormous amounts of capital.

Perhaps making money isn’t so exaggerated upfront; you can’t casually make several hundred billion dollars, but with such a large scale, there’s a chance to earn that much if carefully executed.

In the world for so many years, hasn’t there only been one Boeing?

Opportunities like this require the perfect alignment of time, place, and people. Missing any one of them means it’s difficult even for Jiang Banxia.

"When will you and Jiang have time? I didn’t see her last time. Maybe in a few days, I will visit again. You surely won’t stop me this time, right?"

"Of course not, but I’d advise you to come after May. Coming now doesn’t serve any purpose."

...

February 23rd, the twelfth day of the lunar new year.

After the market opened, Boeing faced intense selling pressure.

Wanliu Capital stuck to its routine, supporting $8.8 billion at the open, but the selling pressure was too strong. Wall Street poured an emergency support of $20 billion, yet it still closed three points underwater, with a daily trading volume of $130 billion.

The reduction in volume was because Wall Street and Jiang Banxia didn’t dare to reduce their holdings after noticing something was wrong.

If they had acted like usual, they could still throw away $20 billion worth of chips, directly collapsing Boeing’s stock price.

February 24th.

After the market opened, Boeing’s stock price suffered another setback.

Li Yang could only increase his holdings by $3.6 billion before running out of funds.

Anyway, without money from Wall Street, he refused to work.

He watched helplessly as Boeing got smashed down by seven points.

Wall Street didn’t give Li Yang money because the cost-effectiveness was too low.

At this point, they could entirely handle it themselves.

The herd effect at Wanliu Capital suddenly vanished. With massive capital flight, there’s definitely a reason.

After the market closed, various messages were compiled, and a call from Mokduo came once more.

On the phone, Mokduo’s tone was very serious, "Mr. Li, your actions are damaging the friendship between us."

"Mr. Mokduo, what did I do?"

"You are spreading rumors, causing funds within Boeing to massively flee!"

"Evidence?"

"Your consultation reply screenshot..."

"Is there a problem with the screenshot?"

"886 means retreat."

"Hahaha, Mr. Mokduo, that’s just an internet slang in China, and it happens to be my personal catchphrase."

"Mr. Li, such statements are not convincing."

"It all depends on how you see it... Also, our previous contract has long been void, and the new contract doesn’t stipulate anything..."

Previously was previously. At that time, Li Yang promised not to cause trouble because he had sold Boeing’s stock.

The two matters are not the same.

"So you’re admitting it?"

"Regardless of my admission, does it matter? You will find reasons anyway."

Time unknowingly came to the fifteenth day of the lunar year.

February 26th, Friday.

After dinner, Jiang Banxia was making final arrangements.

Jiang Banxia still held nearly $40 billion worth of stock.

She typically didn’t trade much, sometimes $20 to $30 billion, more times $60 to $70 billion, a small fraction of entire trading volume.

Occasionally, she would move over $100 billion; last time, she teamed up with Li Yang, and they moved over $20 billion in a day.

After the market opened, without hesitation, Jiang Banxia threw out $40 billion worth of stock.

Boeing’s stock price immediately hit a circuit breaker.

Five minutes later, trading resumed, yet the remaining stocks kept selling off further.

This massive drop shattered the psychological defenses of some funds in Boeing, triggering a large outflow of panic-driven capital.

Fourteen minutes after the market opened, Jiang Banxia’s shares were completely gobbled up, and she breathed a sigh of relief.

Boeing collapsed, and there’s no doubt about it. At this point, it had plunged seventeen points, wiping out a trillion dollars in market value.

Wall Street dared not pull it up; the more they pulled now, the faster they would perish, having to dump all their money in.

The further it goes, the weaker their control over the market, and the greater the risk.

With Li Yang’s betrayal, the outcome was inevitable.