After all, he initially invested 170 million into Tonghuashun, and it increased by 125% at the start of the month, rising nearly another ten points during this time.
Li Yang entered the market again with 80 million, holding 1.3% of the total shares.
Li Yang currently holds 2.9% of Green Water Group’s stock, with 120 million left in hand.
By this day, Green Water Group’s market value had only 6.2 billion remaining.
Jiang Banxia sent a message.
"Master Li, do you have any money on hand? Lend me some..."
Li Yang asked, "What’s up?"
"I want to grab some chips. I will definitely lose money, but I’ll work hard to earn it back for you in the future."
"Oh, alright, but I don’t have much, I can only lend you 20 million."
"Mmm, mmm, mmm."
For Jiang Banxia, 20 million is definitely not enough.
But it was the only thing she could do, what with her having so little capital.
When faced with real big-money battles, she would feel helpless, left to watch with empty hands.
Li Yang withdrew 20 million and transferred it to Jiang Banxia.
It didn’t really matter who held the money.
After transferring the money, Li Yang asked, "Are you planning to buy Green Water Group’s stock? You previously said that Green Water Group might be taken over, and it’s already had three consecutive limit-downs. Judging from the trading volume, it’s obvious they’re dumping a lot of chips every day. They must’ve collected enough by now, right?"
Jiang Banxia said, "Not yet, unknown funds have been coming in to grab chips these past few days. I plan to dump all my money during tomorrow’s auction to forcefully pull the market up, to see if I can cooperate with those mysterious funds to buy some time."
"Hmm? How to cooperate?"
"If unknown funds are coming in, they must have a lot of capital. I’ll use tens of millions to give a signal to those funds, letting them know there’s new money entering, so we can work together for growth. As long as the unknown funds invest another three to five billion, their dream of controlling Green Water Group won’t come true in the short term, unless they find those other funds and acquire their shares."
Li Yang: "..."
Where was he supposed to find three to five billion?
He had only one billion left.
He hadn’t wasted a penny unnecessarily, trying his best to make money, and was always on the way to making more.
Having more than three billion in funds, he felt his luck was already quite good.
"Others won’t be that generous."
Li Yang replied to Jiang Banxia.
Jiang Banxia said, "No matter what, that mysterious fund helped a lot. Otherwise, after the second limit-down, those people probably would’ve collected enough chips already, and they could only keep dumping to release more deep-pocket positions."
"Then keep it up, I’m supporting you!"
Li Yang understood why today was another limit-down.
Jiang Banxia sent a smiley face emoji.
"In this world, only Master Li supports me, no matter what I do. I even wanted my mother to allocate some capital for me, but she refused."
"Haha, if I don’t support you, who would I?"
Li Yang completely agreed with Dou Ying.
Leverage? What leverage!
Jiang Banxia’s account did have a considerable amount. If she could escape at the highest point, she would have around sixty million.
With a few times leverage, it could mobilize one or two hundred million, even with some position constraints.
But doing so would completely trap Jiang Banxia.
Li Yang himself didn’t dare to use leveraged money because Green Water Group would definitely continue to decline, without any chance to rise.
If she went bankrupt, Jiang Banxia, only a first-year student, might end up owing tens of millions or even hundreds of millions.
Doing this was utterly irrational.
Jiang Banxia knew her parents were considering her best interests, but more emotions arose facing Li Yang’s support.
This little money-grubber knew she was doing something irrational, that it would cost him a lot, yet he still lent her the money he earned painstakingly from competitions and live streaming.
Ugh... I really want to reward Master Li, but this guy never takes the initiative...
December 9th, Thursday.
On this day, Green Water Group was forcibly pulled to a limit-up by tens of millions of funds at the opening. But Li Yang knew his own limits, with just that amount of money in hand, he could only try to gain as many chips as possible, so he didn’t follow.
Jiang Banxia was destined to be disappointed, as the mysterious funds she pinned her hopes on were actually broke too.
A pointless loss of eighty million.
This eighty million allowed Jiang Banxia to hold 1.2% of Green Water Group’s total shares, but then it stopped.
That day, undoubtedly, it was crushed to another limit-down, and the panic on the trading floor reached its peak.
Even those who were allocated shares couldn’t hold on anymore.
If not now, when to sell?
The recent stock market surged fiercely; everyone was chanting for a bull market.
But this wretched stock hit limit-down every day? Big money tried to prop it up today but couldn’t?
And those who were forcibly given shares didn’t have a high cost in the first place; at this point, they were still in profit.
They only regretted not selling on the first limit-down, missing out on a few thousand bucks within days for no reason.
That day, Li Yang attempted to buy in with fifty million worth of chips, occupying 0.9% of the total shares, with nearly half a billion in transactions that day.
December 10th, Friday.
Li Yang entered at the limit-down opening, buying fifty million worth of chips, almost popping the limit-down board. But midday, Green Water Group’s third-largest shareholder directly announced they would reduce their holdings by no less than six million shares, and had already sold 5% of their holdings.
This act reignited the emotions, pressing everything firmly onto the limit-down board.
That day, he bought chips accounting for 1% of the total shares, now holding 4.8% of Green Water Group.