Chapter 753 - 312: Fight to the End, Even If It Means Death! (Part 3)
On one hand, it’s to make space for others. After all, the genuinely active shares of Wanliu Capital now are just 2%, maybe even less.
Many funds are bought and then left there, waiting for dividends, without any intention of selling again.
Li Yang releasing this 6% can at least make the market a bit more active, facilitating more funds to participate.
This year’s dividend is eighty billion. Considering the current market cap of two trillion, a four-point dividend is actually quite good.
After all, Wanliu Capital’s performance is excellent, with a net profit of one hundred and fifty billion, and a PE of only 13.
Among financial stocks, this is considered a relatively strong fundamental.
After arrangements were made, Li Yang started reviewing the whole situation.
The good news is, Jiang Baichuan hasn’t called him.
The fact that Jiang Baichuan didn’t make a call means he somewhat agrees with Jiang Banxia’s actions, at least helping them recover some losses.
It’s just that Jiang Banxia eventually violated some rules, so he isn’t in a position to say anything, and can’t say anything.
If he were to step forward to speak for Jiang Banxia, international capital would turn away immediately.
Who the heck would dare to play with you? With parents teaming up with their younger siblings to manipulate the market, who can afford to play this game?
The bad news is that Wanliu Capital is facing a redemption of sixty billion, which shows just how far those water armies have skewed sentiments.
Moreover, yesterday was just the beginning. As for the funds to be redeemed today, who knows how much there will be?
Perhaps eighty billion, perhaps one hundred billion, or even more.
Yesterday’s redeemed funds can be given back today, but what about today’s redeemed funds, can you pay them back tomorrow?
Even if it’s possible to delay a few days, but if not possible by the day after tomorrow, it will only make the situation harder to handle.
As for resetting the subscription limit for the accounts redeemed yesterday, he thinks that’s fine as well.
Anyway, for those who redeemed yesterday, it’s either because their family is in urgent need of funds, even redeeming during a rising fund, which must already be at a critical point.
Such families will find it very difficult to have spare money for financial management within three years.
Another portion is those led astray by water armies. Since they were misled, let them secure their gains, and within three years, stay out of each other’s way.
He still needs an additional sum of money.
Extreme Shadow Group can come up with that sum. Currently, Extreme Shadow Group still has over one hundred billion in supplier payments, plus last year’s overseas market investment returns of more than one hundred billion left unspent.
Altogether over two hundred billion.
If that’s not enough, let Kuai Pai put in some more money.
Even if such a large amount of money entering the A-share market finds it hard to exit safely, he just has to press on.
...
Ye Changrong is a small merchant doing plastic greenhouse vegetable planting in Jiangcheng County.
The family situation is quite good. Over these years, with over twenty greenhouses, they’ve earned two apartments in the county, and the family has savings of hundreds of thousands.
But the sudden Xinguan almost collapsed the family because winter is exactly when his greenhouse vegetables sell, and they count on these two months each year.
Usually, the goods are shipped out of town; the small county can’t consume much vegetables, as many have land in the countryside or relatives with land to grow some veggies to eat for a week.
But at the end of the year, they couldn’t ship the goods out, and in the first month, no merchants wanted his goods.
Previous vegetable buyers were trapped at home, even if not trapped, they couldn’t go around as before.
The cost of each greenhouse is about thirty thousand a year, with production generally between thirty to fifty thousand, depending on vegetable prices.
This year, with over twenty greenhouses, all the matured vegetables would be forced to rot in the fields.
If all vegetables rot this time, not only would the family’s savings be drained, but they’d have to owe money unless selling their house.
Fortunately, within two days of the lockdown, a purchaser from Green Water Heaven and Earth contacted them. At that time, he was worrying at home, and the family couldn’t even have a proper New Year’s feast.
Thus, with a contract, they bought all the vegetables from over twenty greenhouses, and the price was even ten percent higher than usual.
They were very satisfied with this price.
During the harvesting, he asked, "Manager Gu, where are these vegetables going?"
"Mainly Jiangbei, there’s a big population there and a large vegetable gap."
Ye Changrong smiled and said, "You big companies have channels. Prices in Jiangbei aren’t cheap now; this time, you should make a profit."
Manager Gu said, "Profit? This is a task arranged by our boss, turning all into vegetable packages, and sending them for free to Jiangbei. Not only for free, but we also have to cover fuel and labor costs."
"What what what? Free delivery?"
Manager Gu continued, "What are these vegetables? All the vegetables combined from several nearby county towns might be worth thirty to forty million at most! The company headquarters is sending out over twenty truckloads of masks daily. You know how valuable masks are now, right? Ordinary masks can be sold for over ten yuan each online, and they don’t even ship within a month. Each truck of masks is worth several hundred million, and our boss is giving them all away for free."
Ye Changrong thought, "How much does that lose?"
"Hehe, who knows. Anyway, our salaries have increased, and the money doesn’t come out of our pockets. Just worried that Green Water Group might not hold on, and after this, bankruptcy isn’t far off."
Ye Changrong quickly said, "No, no, no, everyone knows Green Water Group is our county’s backbone, who doesn’t want to work at Green Water Group, with high salaries and good benefits."
"That’s because Wanliu Capital has been funding us. Now Wanliu Capital is on the brink of collapsing, who can help? Anyway, all employees are mentally prepared, maybe in a couple of months we’ll have to pack up and leave! Sigh..."
"Manager Gu, isn’t Wanliu Capital doing well? Jiang Banxia is the world’s richest, how could she collapse?"
"Isn’t it those people on the internet causing trouble? President Jiang kindly reminded them not to lose money dumping stocks, and it seemed like she was harming them. They all have persecution complexes now, and there’s talk online of banding together to dump shares today and to redeem their funds in Wanliu Capital. From here, Wanliu’s reputation is gone, and no money to be made."