Chapter 790 - 325: Taking Action!

Chapter 790: Chapter 325: Taking Action!

In the end, Jiang Banxia really couldn’t take it anymore, so she said to Dou Ying, "Mom, I..."

Instead, it was Dou Ying who panicked.

Hearing Jiang Banxia’s sobbing, she hadn’t expected the matter to break Jiang Banxia’s emotions so severely.

They haven’t even divorced yet?

She had thought that if Jiang Banxia really got divorced, she’d probably have a tough emotional period for a while.

But isn’t it too early for this?

"Xiaxia, don’t rush. Let’s talk about it after a while."

She didn’t want to push Jiang Banxia too hard. After all, they’ve been married for so long already; what does a few more months matter?

It’s not that she thought a divorce was absolutely necessary, but the matter would get exposed sooner or later. Once exposed, when Jiang Yaoting knows that all these years Li Yang had someone outside, he might even grab a knife on Li Yang.

Of course, Li Yang would deserve it, but she didn’t want to destroy the whole family.

With Jiang Yaoting’s temperament, knowing his daughter suffered for so many years, his health might get ruined from anger.

"Mmh, mmh... alright... I’ll hang up now... ah..."

...

Jiang Banxia held her phone tightly, her knees almost buckling.

She felt it was better before when nothing about the divorce was mentioned, and Li Yang was restrained.

Now it’s worse; the guy isn’t even pretending anymore.

But it seemed somewhat different from usual...

When it was time for dinner, Jiang Banxia still felt her legs trembling a bit.

At night, Li Yang returned to the office while she was alone in the bedroom watching the market.

On March 12, the US stock market had another circuit breaker.

This time, the halt was swift, giving no one time to react, and Boeing directly fell by 25%.

With a market value of just 210 billion US Dollars, this sudden 25% drop left it at less than 160 billion US Dollars—a loss of half its value compared to before.

The five billion US Dollars she invested last night lost one billion.

She initially thought there would be a slight rebound, but there wasn’t.

This level of heavy selling is hard for market sentiment to recover from unless...

After the circuit breaker, Boeing’s stocks almost crashed, losing half its value in just four days, and apart from short selling, other funds were all losing money.

Fifteen minutes later, the US stock market continued to plunge, with the S&P Index once dipping ten points underwater, and it looked like it was heading for a second circuit breaker.

If a second circuit breaker is triggered, the exchange will close for the day.

The trigger point for a second circuit breaker is -13%.

Jiang Banxia hadn’t expected those Wall Street people to be so ruthless.

With such a hard sell-off, weren’t they afraid of completely draining the enthusiasm from US stocks?

Despite today’s massive drop, in reality, there weren’t many transactions; the funds inside were completely flat.

Without trading volume, even if you want to make money, you can’t.

No trading volume indicates no one wants to participate in the market. Previous chips are held tightly and not released, and short sellers have no chance to repay their contracts.

Is this what Wall Street wants? Clearly not.

Then today’s fierce sell-off could only have one purpose...

She glanced at Li Yang’s previous positions, as it wasn’t just her operating, and Chen Peipei hadn’t been idle either.

After the market opened, Chen Peipei began repaying some of the short contracts.

However, only repaid less than one-fifth, and later took chips alone.

The purpose of repaying contracts was too strong; if done on a large scale, the data would be recorded.

Anyway, Chen Peipei still had spare money, and also made a good profit after repaying the contracts.

Jiang Banxia hadn’t made any moves until half an hour before market close when she finally picked up five billion US Dollars of Boeing stocks.

She hadn’t really looked at other stocks either since Li Yang already had positions.

Apart from Wanliu Capital holding 35 billion US Dollars in short positions, Chen Peipei’s side also had over 60 billion US Dollars in short positions. Adding up the operations of the past few days and her own spending, another nearly 20 billion US Dollars was added to shorts.

And today, Chen Peipei repaid 13 billion US Dollars of shorts, bringing it with 13 billion in principal plus a 30% profit from shorts, which is 4 billion US Dollars, totaling 17 billion US Dollars, back into the market.

In Jiang Banxia’s view, this action was too conservative; doubling the data would be normal.

Clearly, Li Yang also noticed the problem, which is that tomorrow the market would certainly rise, and rise very high!

Otherwise, the entire US stock market’s funds would completely rot away.

On March 13, just as Jiang Banxia predicted, the US stock market shot up at the open, with the S&P Index rising over ten points and many individual stocks rising more than ten points.

Boeing, which had over-dropped, was the first to soar, directly rising by 17 points, looking like it was about to recover yesterday’s losses.

Jiang Banxia had little chips, the shorts at this time certainly wouldn’t be thrown out.

However, the chips she picked up at yesterday’s close had a small profit of 90 million US Dollars, which she threw at the open.

Today’s surge directly activated the entire US stock market.

Countless funds rushed in madly.

Jiang Banxia felt the unity of Wall Street; the funds inside could really manipulate everything, and no one dropped the ball midway.

This way, everyone had money to earn.

In contrast, back home... those institutions used the people’s money to short.

It’s equivalent to the people shorting themselves; expecting to make money would be wishful thinking.

Many financial rules are set by the West, but they don’t actually follow them. Rat trading, illegal transactions, insider tactics—all are tools for their profit.

Of course, Jiang Banxia wasn’t saying these were good things, but she simply felt that finance has no borders, but finance people have nationalities.