Chapter 211: Bizarre Incident (3)

Chapter 211: Chapter 211: Bizarre Incident (3)

Just then, the phone on the side of the table chimed. Ye Ling picked it up and saw it was a message from Zhu Yun.

’Chairman Ye, it’s up, it’s really up!’ Zhu Yun’s message was as brief as ever, but you could feel her excitement through those few words.

In her eyes, the Ye Ling of today was as dazzling as a god.

Yesterday, when Ye Ling had told her to go all-in, she had been worried they would lose money. After all, Bauhinia Energy’s stock price had been in a freefall.

If they had entered the market too early and bought halfway down the price slide, they’d be in serious trouble!

Plus, whether the price would even rebound was another question.

But when she came into the office today and opened up the market, she saw Bauhinia Energy’s stock price soaring, with momentum unlike anything she’d ever seen before!

At that moment, she was truly won over.

Ye Ling’s moves were simply flawless. Not even a legendary investing guru could guarantee every investment would be so precise, right?

Most importantly, ’Ye Ling was a goddamn computer science major!’

’How could she, with her dual doctorates in finance and management, be no match for an amateur investor like Ye Ling?’

’Maybe this was what they called natural talent?’

’Continue waiting.’ Ye Ling replied with two words, the corners of his mouth curling into a slight smile.

However, he didn’t stay idle. He opened his laptop and started searching online for news about Bauhinia Energy and Shenzhou Company.

’For Bauhinia Energy’s stock price to recover so quickly, there must be some kind of move behind it, and that move is definitely not a simple one!’

Ye Ling quickly scanned the news on major media websites, including independent online publications.

Compared to places like Weibo, independent media outlets were the most likely to break undisclosed news. After all, Sina’s reputation had long since gone down the drain.

Deleting posts, pulling trending topics... it was just ridiculous, wasn’t it?

Sure enough, as Ye Ling searched, a piece of news caught his attention.

’Bauhinia Energy’s Stock Price Rebounds, Suspected Intervention by Foreign Capital.’

Ye Ling clicked on the article and began reading it carefully. One name, in particular, suddenly caught his eye.

’Dugan Consortium.’

The name might be unfamiliar to most people, but one of its subsidiary automotive companies would likely sound very familiar.

That company was General Motors, one of the largest automakers in the world. It was said that its revenue had already surpassed two hundred billion back in ’07.

And that was just one company under the Dugan Consortium. This alone showed just how powerful the Dugan Consortium really was.

"I didn’t expect to see capital from the United States getting involved."

Ye Ling couldn’t help but sigh softly.

’At first, I thought the Jiang Family and the senior leadership of Xia Country had reached some sort of agreement to create this situation. But now, it seems it was all because of this foreign capital that suddenly entered the market.’

’Foreign capital from the US stock market!’

"If that’s the case, then I have even more reason to fleece them."

Ye Ling’s eyes narrowed slightly.

There had been quite a bit of friction between the United States and Xia Country recently, and the US had done many things that angered the people of Xia. Naturally, Ye Ling wasn’t happy about it either.

In the past, however, he hadn’t had the power to even touch that level of play. All he could do was seethe with helpless frustration. But when he got the system, he had thought about doing something about it.

There was no special reason for it. He was just a native-born citizen of Xia Country!

And now that he had the chance to fleece this US capital, Ye Ling was certainly going to make the most of it.

「Meanwhile, in the Xia Country stock market.」

With the clandestine support of the foreign Dugan Consortium, Bauhinia Energy’s stock price was recovering rapidly. As of 11:30 AM, the price was only down twelve percentage points compared to yesterday’s opening.

It had rebounded five percentage points in just half a day!

Or to be more precise, four percentage points.

Bauhinia Energy’s stock had closed eighteen percentage points down yesterday, but rose by another point after Shengding Group’s funds entered the market.

In just half a day, Bauhinia Energy’s stock price experienced a powerful rebound.

"Small-cap stocks are just like that. They’re so much easier to manipulate than large-cap stocks."

Ye Ling sighed in admiration once again.

Just like yesterday, Shengding Group’s two-billion-yuan investment had caused Bauhinia Energy’s stock price to rise by one percent. If that same amount were put into the broader market, it would be a drop in the bucket, barely making a ripple.

Speaking of small-cap stocks, one has to mention the problem in the new energy vehicle sector today: the ever-expanding asset bubble.

Take the biggest new energy vehicle company, Tesla, for example. Its valuation has long surpassed 420 billion US dollars. And yes, that’s US dollars!

Its market cap even exceeds that of many traditional auto companies!

However, some experts have analyzed that of this 420-billion-dollar market cap, at least eighty percent is actually a bubble!

As for why, you’d have to ask the capitalists.

Throwing a billion into a large-cap stock is like tossing a stone into the ocean. But controlling a small-cap stock? That’s child’s play. As a market maker, which would you choose?

Most of the market’s "monster stocks" are small-caps. But the ones that are always soaring and plummeting, causing shake-ups, are also usually these individual stocks with a smaller number of floating shares!

Therefore, one must remain calm when dealing with these stocks with low float. Otherwise, you might really end up getting harvested like a leek.

At 1:00 PM, the afternoon session began. Bauhinia Energy’s stock price didn’t show the same sharp rise as it did in the morning session, instead fluctuating with slight gains and losses.

This situation is generally known as trading sideways.

DING-DONG—

Ye Ling’s phone chimed. It was Zhu Yun asking for her next instructions.

’Wait.’

Ye Ling replied with a single word and put his phone down.

’This is a time that calls for patience. If I cashed out now, I could make a profit of nearly ’a small goal,’ but to be honest, I don’t really think much of that amount.’

’I’m no longer the man I used to be!’

Around 1:30 PM, something particularly strange happened in the stock market.

Bauhinia Energy’s stock price suddenly began to fall!

And the momentum was fierce. In just over ten minutes, it fell another three percentage points.

You have to remember, Bauhinia Energy’s stock had only rebounded five percentage points today. Did this sudden drop mean they were right back where they started?

At that moment, many retail investors panicked.

A lot of people had actually bought in yesterday while Bauhinia Energy’s price was low, even without knowing the inside story.

After all, "new energy" was a buzzword, right?

They figured they’d dabble a bit and maybe make a quick buck!

Who knew something like this would happen...