With a command, a large amount of capital was injected, starting the seesaw action.
A multitude of buyers appeared in the market, and the declining stock price was immediately pried up a bit.
A strange smile hung on Yang Bingzhong’s face.
He thought, Ren Zhong, I originally wanted to lead you to wealth, but if you can’t seize the opportunity, you can’t blame me.
With the continuous capital injection from the big funds, the previously stagnant market immediately became lively again.
A tug-of-war between the bulls and bears began once more.
This was a war between big capital and retail investors.
Yang Bingzhong pondered for a full five minutes, and when the market value dropped another 5%, he decisively decided to enter the market for the third round.
This time, the real bottom was about to arrive.
He transferred his entire recently released 9.289 billion to his private equity manager.
"Keep adding to the position!"
The private equity manager acted swiftly.
Half an hour later, Yang Bingzhong was dumbfounded.
The stock price dropped another 7.7%!
It was already dangerously close to his liquidation line!
The bull capital found itself drowned in a sea of people’s capital, seemingly running out of steam.
The bulls were about to lose!
Not only that, but even capital that was originally indifferent started to join in, entering the short-selling side!
The Alson Group and Deep Communication Group simultaneously issued warnings, notifying the short-selling side that the margin available for borrowing shares of the Skyship Shipbuilding stock held by brokers was running out.
The purpose of these warnings from the two groups was initially to boost market confidence, telling the bulls that the strength of short-selling was about to deplete, so they needed to hold steady.
Unexpectedly, this instead ignited a wave of selling emotion once again.
The margin might indeed be running out, but shareholders still had stocks in hand!
Shareholders came with a reverse understanding.
So the power of short-selling is so strong?
Even the margin has been exhausted?
What am I still holding on for?
Thus, a new round of selling frenzy erupted again, leading to a brutal stock price crash.
Witnessing this scene, Yang Bingzhong gritted his teeth, staring at the trading screen, muttering to himself, "It’s a trick! This must be the last market shakeout! They want the retail investors to get off! At the latest, half an hour later, we’ll see the silver lining! We’ll rebuild the light! I can’t surrender!"
Yang Bingzhong’s last emergency reserve, 20 billion in cash, was injected.
Unlike the previous boiling frog scenario, this time, it only took less than five seconds for his massive purchase order of a full 20 billion to be executed!
The reason being, there were just too many sell orders.
This mere 20 billion was like a mud ox into the sea, disappearing without a sound.
Meanwhile, Ren Zhong sent another sarcastic comment from the other side.
Ren Zhong said, "Mr. Yang, did you see that? Fortunately, we ran fast. This is just how it works! This time the capital’s appetite was too ugly, the shareholders’ emotions were wound too tight, and they couldn’t hold on. It’s a powder keg, it’ll explode with just a spark!"
"Also, those capitals that didn’t originally enter the game smelled blood and pounced like sharks, all eager to take a bite out of Skyship Shipbuilding. The trend is gone! The crash will only get more severe! But that’s good, the harder it falls, the more comfortable we’ll be when we bottom out again later. Mr. Yang, we’re going to make money!"
"Hmm? Where are you, Mr. Yang?"
As Ren Zhong’s words fell.
The Skyship Shipbuilding, with a current market cap of close to 24 trillion, demonstrated what a guillotine-style plunge means!
Refreshing every five seconds, each refresh dropping by 1%!
Within just one minute, it dropped by 12%!
So tragic, so tragic.
Every second, billions worth of Contribution Points assets vanished into thin air.
Source Star’s stock market hadn’t seen such a tragic state for a long time.
Everyone could smell the explosive scent in the air.
This is a financial tsunami!
It’s a backlash of the financial industry against human civilization!
It’s a neutron bomb level of bubble burst!
A truly disastrous stock market crash has arrived.
For a time, there was wailing everywhere.
In forums, one explosion after another, people were streaming live, hopelessly screaming as they jumped from the high rises.
Ren Zhong’s communication continued to play automatically in Yang Bingzhong’s ear.
"Mr. Yang? Hey? Mr. Yang, what happened? Mr. Yang, reply to me!"
With a face ashen, Mr. Yang stared fixedly at the private equity manager’s account for a long, speechless moment.
Looking at the eerie green compulsory liquidation notice and the staggering net loss of 18.202 billion, his lips trembled.
Indeed, Yang, who reveled in the stock market for half a month, growing from 210 million to a fortune of 14.2 billion, was also part of this disastrous liquidation army.
One moment ago, he was a billionaire giant, dreaming of spring and autumn with trillion-level assets.