High School Belle Fell in Love with Me

Chapter 389 - 188: So They’re Not on the Same Side After All?

At the house Jiang Banxia rented, Li Yang extended his hands in a grasping gesture.

"Master Jiang, look, my hands have taken your shape."

Jiang Banxia buried her head in the pillow without speaking.

God knows how such embarrassing words could come so openly from Li Yang’s mouth.

"Master Li, Wanliu Capital’s funds have now reached ten billion."

Li Yang’s hand movements suddenly came to a halt.

Just two days, huh? Ten billion already?

Jiang Banxia added, "But four billion is my own capital."

This explains it a bit, after all, Jiang Banxia herself is quite a hot topic, and coupled with Li Yang’s recent creation of buzz, they’ve built her image as a top wealthy woman.

Starting with a scale of six billion is indeed a godsend beginning; however, the subsequent growth depends entirely on Jiang Banxia’s capabilities.

If she doesn’t make profits, there’s no telling someone might pay hefty fees just to redeem.

For public funds, though, it’s always a sure profit regardless of drought or flood.

But if this time the reputation isn’t established, it’ll be difficult to expand the scale in the future.

There’s only this one chance. The impact of the persona, once failed, won’t convince anyone later.

"Congratulations to Master Jiang for becoming the youngest hundred-billion-level female fund manager in the country!"

Generally, such statistics don’t include private funds.

Jiang Banxia said, "That’s quite a lot of prefixes."

"Haha, well, there are already quite a few hundred-billion fund managers. If you want to drop the prefixes, you’ll have to aim for a trillion."

There are also many female fund managers in the country, and two others manage a scale of a hundred billion.

But they’re only at a hundred billion; none have surpassed five hundred billion.

And not in managing a single fund; those are cumulative scales of multiple funds.

Jiang Banxia squinted her eyes, like a flower waiting to bloom.

Actually, the market has been performing poorly recently. Aside from sluggish trading volumes, the last crash with a thousand stocks on a down limit occurred just two weeks ago, the specter of a stock disaster looming over the entire market.

There are countless rumors online, saying that the national team is stepping in to save the market, yet no matter how much they promote it, few investors are willing to enter.

Jiang Banxia entering now isn’t exactly well-timed.

Yet, this is the time to test skills.

After a night’s rest, Jiang Banxia began a new workday for herself.

Upon arriving at the company, the first task was to confirm the subscription shares, ascertain the funds to be operated today, followed by discussing some details with the traders and deciding on today’s targets.

Today felt a bit tense since building a position from scratch is quite exhausting.

Her strategy is to follow the baseline position of public funds. Public funds cannot have more than 35% in cash, so she plans to maintain a position around 70% to get accustomed to the rhythm of public funds.

Previously, she engaged in high-frequency trading, which doesn’t align much with public funds.

Regarding the QDII funds over there, she sought insights from other fund managers ahead of time.

She’s also not planning to spend nights at the company; her main battlefield remains in the A-share market, given the QDII funds only have a scale of two hundred million US Dollars in total.

By the end of the first day, the fund’s net asset value had slightly declined by 0.04%.

On the second day, the fund’s net asset value again slightly declined by 0.03%.

Voices have already started appearing online. Given that Jiang Banxia has benefited from the fame, she must also endure the backlash from it.

The market conditions over these two days have been poor, and Jiang Banxia managing to maintain stability already sets her above 95% of the funds out there, yet online investors remain dissatisfied.

They’re here to get rich, expecting Jiang Banxia to have the ability to turn decay into magic.

On the third day, the fund’s net asset value again slightly declined by 0.08%. Jiang Banxia finally couldn’t hold back!

She no longer wanted to play by the public fund’s rules.

So, on the fourth day, she commenced high-frequency trading, first targeting the speculative stock of the latter half of the year, Dongfang Communication.

Before Jiang Banxia entered, this stock had already doubled. At this time, it was in an adjustment phase, with daily turnovers exceeding 30%.

A small company with a market value of just over a billion was hyped up to nearly four billion.

After the market opened today, Dongfang Communication opened five or six points lower, and the chips in the market were continually being thrown out, while Jiang Banxia stepped in to take over.

However, the more she bought, the more the chips were thrown out, and the stock price never rose.

Jiang Banxia had reviewed this situation yesterday and was mentally prepared for it.

The so-called speculative stocks rely on funds. Today, the will to make a play with the funds wasn’t strong, a good opportunity for her.

She could completely fill her position, with a fund market value of four billion, she could leverage nearly two hundred million.

She had only entered two million by now.

As time passed, she had gradually collected nearly five million worth of chips.

It was at this moment that she began her operation.

First, she mobilized thirty million in funds, directly pushing upwards, raising five points in a short time.

Yet it was quickly slammed down.

Subsequently, she continued to use another thirty million to push upwards, this time raising six points.

However, it still got smashed down.

The third time, she directly placed an order at the bottom for one hundred and eighty million.

This number is quite subtle.

With the previous two purchases of sixty million, many saw the funds, and now with a hundred and eighty million placed out, clearly, they’re not one group.

After all, with two hundred and sixty million in positions, one would have to announce holdings.

Announcing holdings on this kind of speculative stock?

The large capitals that entered before weren’t too concerned because just one group can’t lift it up, better for them to take the chance to cash out.

But now, with two groups, the lift can continue.