Chapter 754 - 313: Firing Every Bullet
For Li Yang, the financial pressure isn’t substantial, but the emotional pressure is overwhelming.
Previously in the market, as long as Wanliu Capital didn’t have differences in funding with other institutions, cooperation was possible.
Now... it’s hard to say.
Especially with foreign capital, after today’s market opens, it will surely crash wave after wave, dragging down market sentiment, then look for opportunities to bottom out.
He can’t let the sentiment collapse.
At eight o’clock in the morning, Wanliu Capital announced its annual report, a net profit of 150 billion, which dazzled the market.
A dividend payout of 80 billion is unprecedented.
The largest dividend payout in the history of A-shares!
Over the years, the companies with the largest dividends in A-shares have been the four major banks, with the highest being more than 60 billion last year, and the lowest more than 30 billion.
Before 2020, the highest single-year dividend payout in A-shares was 67.8 billion, and now Wanliu Capital has raised that number by over 10 billion.
An 80 billion dividend, even considering the current market cap of 200 billion, yields a substantial four percent dividend.
This year alone, Wanliu Capital’s stock price has increased by 60 percent. Since listing, the stock price has risen sevenfold, with performance steadily growing.
With such a company, there’s no doubt, there won’t be many willing to give up their holdings after the market opens.
The next wave of surge is also in plain sight.
However, this performance merely stabilizes Wanliu Capital; no one would crash Wanliu Capital’s market.
On the contrary, not only does it fail to stabilize the previously fermenting sentiment, but it also seems to demonstrate to everyone that Jiang Banxia is using everyone to make money.
Meanwhile, with Li Yang issuing a stock reduction announcement, it seems to doubly confirm this matter.
Market sentiment frenzy reached its peak at this moment.
Crash the market! Crash the market! Crash the market!
Hands in the market are urging countless people to make decisions.
At 8:50, Li Yang received a call from Jiang Baichuan.
"Why are you reducing your stock holdings? Are you short on money? I thought Green Water Group had some overseas funds. Should I urge them to settle it quickly for you?"
The money Green Water Group made from selling masks to Europe is in a separate account, as it’s in foreign exchange and needs to be settled by the central bank before it can be converted into RMB to enter Green Water Group’s account.
"That’s fine, it’s not much, less than 200 million euros, not very useful," Li Yang replied.
Jiang Baichuan laughed and said, "You should be grateful. Other companies want to earn money from exports, but their goods are stopped at the airport. Guess what? Yours weren’t stopped, Green Water Group’s goods weren’t."
Li Yang said, "I ship dozens of trucks of supplies out every day, how come you didn’t mention this, it’s worth a few billion. The export part is nothing, just fiscal crumbs."
"Yes, yes, I know you’ve put in a lot, so I’m here asking if you need more money. If you do, I’ll find a way to get some for you."
"Will I have to pay it back?"
"Isn’t that obvious? I can’t print money, I can only help you borrow. But I do have some influence, and can waive the interest."
"Ha, I’d rather borrow myself, many are willing to lend me money. I need to get to work now, talk later..."
With that, Li Yang hung up the phone.
Jiang Baichuan isn’t too bad actually, although he has motives and interests involved.
But at least he dares to act.
After arriving at the trading room, Li Yang started arranging funds.
"In the pre-market bidding stage, don’t rush in, first thing when the market opens, sweep the chips from the market in one go, don’t linger for more than three seconds..."
"Especially those stocks related to new energy, buy however much they crash outside!"
"Don’t be afraid to buy more, even if it means raising a flag, eat it all!"
"Semiconductor related stocks should also be turned red!"
"Even if funds aren’t enough, don’t worry, I’ve started reallocating here, it should arrive by noon at the latest."
If it’s funds from mutual fund purchases, it might take until the next working day to enter the fund account.
If it’s from private funds, we can arrange people to inject into the fund account the same day, very efficiently.
This time, Li Yang is prepared to raise a flag, as the last resort.
...
Because everyone is stuck at home, there are more bored people than usual.
Browsing videos, reading novels, searching for trending topics to watch.
Today’s market drama is naturally the highlight.
Quite a few people have even opened live streams, specifically to analyze the situation.
"Wanliu Capital has certainly angered everyone now, Jiang Banxia without any shame for company profits, can’t bear losing money despite being so rich, directly intervening in the market, truly disgraceful."
"I say, today all the stocks held by Wanliu Capital should be smashed to limit down continually, to see if Jiang Banxia can keep pretending!"
"Wanliu Capital earned 150 billion, how much of it is the hard-earned money of countless people? All ripped off by them, reaping who knows how many investors."
"On the surface, offering high dividends, isn’t it just to maintain the stock price? To maintain net worth? After harvesting billions in the market, just distributing 80 billion, and expecting us to be grateful?"
"No capital is any good!"
...
The impatient ones directly start swearing, more rational ones are seriously analyzing.
"Who knows how much more funds Wanliu Capital has, but it’s said that some redeemed funds from yesterday will arrive by nine o’clock, facing such redemption pressure, even with a 200 billion cash reserve, it won’t be enough, they might only have two to three billion to play with today."