Chapter 247: Raising a Sign
It's March now.
Most of the cold weather has passed, and the daytime temperature can occasionally reach 25 or 26 degrees.
Zhou Juan has lived in a big city before, but it was just for survival, and now it has become for life.
She made up for her regret of not having a daughter with Jiang Yiling, but she felt that the young couple was a little weird.
When they are together, they love each other very much, and they don’t seem to care much when they are apart for a long time.
She really wanted to ask, but considering that Jiang Yiling's due date was getting closer, it didn't seem appropriate.
The cleanliness and tidiness of the big city made her feel comfortable. She also didn't like the countryside, where there was chicken, duck and goose droppings everywhere. If she hadn't bought too much last time, she would never have wanted to raise chickens in the yard for the rest of her life.
Sometimes I would think about Li Wanhe, and think how hard it must be for him to be busy running back and forth by himself.
But only occasionally.
After all, life in a big city is convenient, and my daughter-in-law is more important, so I don’t have that much free time to think about him.
The fourth week of the third fund has arrived unknowingly.
Li Yuan came to the company on Monday afternoon.
In fact, the company can give remote commands, but he can't just go out and walk directly to Chen Jie, as his mother is still watching at the door.
Maybe no one cares whether what I say is true or not, but I can't just not act.
I might as well come to the company first and go back later.
After the market opened, the traders followed his instructions. He looked at the market for a while and found that the quantitative side was obviously much more cautious. After all, so many short orders had been opened and the risks were gradually increasing.
The same is true for Kingkong Capital, which is equivalent to the leverage being increased continuously.
Two hundred million chips were added last Tuesday, two hundred million on Wednesday, three hundred million on Thursday, and four hundred million on Friday.
The current holdings have reached US$1.3 billion, of which US$1 billion is leveraged funds.
Because there is more than 200 million US dollars that is not leveraged, the position will be liquidated if the stock price drops another five or six points.
However, there is still money in the Kingkong Capital account.
The money left behind is to attract quantitative investors.
However, quantitative funds are still much more cautious than humans. After all, no matter who they are, they will have emotions.
There is no such thing as emotion in the program. After analysis, they know that they should be careful at this position and can no longer drop the price to four or five points as they did before.
For example, today it only hit two points.
Li Yuan initially wanted to cover his position with only $100 million, and he acted as if he would not enter the market unless the other party smashed the market, forcing the other party to continue opening short orders.
But on second thought, doing so would be too obvious and the other party might not fall for it.
Just let things take their course and proceed according to the strategy of saving your life first.
As long as you reveal your proactive intentions, people won't take the bait.
It's like a goddess that the other person likes, and if you rush to check into a hotel with that person, the other person might be scared.
But if you keep rejecting someone when they pursue you, but leave a little chance, they will pursue you again next time.
Long illness makes a good doctor. At least that’s how Tong Xuefei treated him in his previous life.
All shameless things in the world remain essentially the same.
"When it's three o'clock in the morning, invest 500 million yuan directly and force the price up. Remember, as long as the price stabilizes after it's pulled up, start running away on a small scale immediately."
Li Yuan explained the details and left the trading room.
If he doesn't get enough chips, the final result will be meaningless.
Under the quantitative design, it is unlikely that you can make money on your own.
It is even impossible to transfer profits like last time.
The funds on both sides are the same, equivalent to one sum of money, and there is almost no direction in which they can cooperate with each other.
Even if he showed the 30 billion US dollars in that account, he couldn't expect to make much money on the market, because someone would crush him at all costs.
After returning to his residence, Li Yuan began to buy chips in small batches.
Even if the holdings in his account exceed 5%, it will not trigger the placard, because each fund in it is an independent part, and when put together, it is more like countless people acting in concert.
This is how the dirty money around the world is hidden. It requires a lot of manpower and resources to track every penny in order to lock the account.
It is only possible in theory, but in reality it is as unrealistic as hand-carving a high-performance chip.
He just bought in hundreds of thousands of dollars, and this small amount of money would not be noticed.
It's just a little more difficult, but it's not that noticeable amid the increased trading volume.
At three in the morning, he stopped.
According to his operation, Kingkong Capital invested 500 million US dollars directly, and raised the stock price from three points below the water level to one point above the water level.
There was no movement on the quantitative side at the first time, and a lot of wait-and-see funds rushed in. After all, Nvidia had been retreating for so long, and there was no bad news on the market.
Now that large funds are entering the market to push up prices, it seems that the second wave of the market is about to begin.
Nvidia is different from those small-cap stocks. Small-cap stocks hiding in dark corners will find it difficult to attract popularity in the short term even if their share prices double, and even international funds will not even take a look at them.
Stocks like Nvidia attract a lot of attention from international funds, and those international funds all like to invest in the long term.
Now that a golden pit has fallen out, the holding cost for them is even lower. Just a few companies can come and invest a few million or tens of millions of dollars, and the total amount of funds will increase all at once.
This situation is more favorable for Li Yuan. Even if it is quantified, it is impossible to determine more accurate data.
Kingkong Capital just did T in it, although it didn't make much money.
After all, after the quantitative analysis discovered this, it immediately began to suppress the market to prevent Kingkong Capital from doing a large number of T at this position and arbitrage profits.
In the end, Sky Capital only completed a transaction of tens of millions of dollars and made a profit of four or five hundred thousand dollars.
The overall investment has increased, with an additional $500 million in capital, but only a profit of $400,000 to $500,000 has been made, which is actually a loss.
Otherwise, quantification would not be so fierce.
Li Yuan took advantage of the quantitative crash and made two big moves, with the two funds totaling US$100 million.
Nvidia's current stock price is only $63 billion, and $100 million is a considerable bargaining chip.
He currently holds 6.83% of Nvidia's total shares, which is still a long way from the target.
The stock price was smashed back to three points below the water level again. It seemed that after a last-ditch struggle, Sky Capital gave up on the next move, and the two sides were in a stalemate.
Kingkong Capital’s operation is very risky. All subsequent funds are highly leveraged. Today, it is equivalent to adding another 70 million US dollars.
If the stock price drops another three or five points tomorrow, we will have to invest an additional 50 million US dollars to save our lives.
…
"The other party still has 1.3 billion US dollars. He would rather lose all of this money than let us succeed."
Mandel's main job now is to keep an eye on the accounts of Sky Capital.
At this point, he couldn't help but sigh that Qingtian Capital was really ruthless!
He dared to rush in without limit with such a high leverage. If it wasn’t for the pursuit of insurance, he would have smashed it directly!
It is precisely because of the methods used by Sky Capital that quantitative investment cannot be carried out on a large scale.
After all, the lower the price goes, the less likely it is for Kingkong Capital to get liquidated, and they still have plenty of funds on hand.
Once they have no more funds, things will be much easier and they just need to invest for a short period of time.
For Mandel, the current situation is not a big problem. The problem is that he has to start thinking about how to get out of this situation safely after defeating Li Yuan.
He can accept not making any money, or even a small loss.
But he was unsure about holding billions of dollars in short positions.
If the loss exceeds Li Yuan, he will not be in a good mood even if this matter is successful.
"Those bastards will definitely take the biggest profits this time. They got too many cheap chips..."
Those chips were all thrown out by Morgan, which was equivalent to Morgan giving concessions to that group of people.
"We can't give up too much of the profits either. We have to find a way to make them spit some out."
Mandel has already begun planning.
If they don't return the profits, we will definitely lose money.
If they cannot share the risks in all aspects when suppressing other funds in the financial market, they will definitely have to pay a heavy price to do so.
Kingkong Capital is no small player, they are brutal and decisive.
He called an agency he was familiar with.
"Hey guys, you're going to get rich this time. You guys ate so many Nvidia chips like a tasting girl. I'm going crazy with envy!"
"Hey, Mandel, I don't have many chips to eat here."
"No, you can't fool me. I have spent 6 billion US dollars so far, and Sky Capital has only taken less than 2 billion. The other 4 billion US dollars have been taken by you."
Mandel knew that there would definitely be discrepancies in his data.
For example, Kingkong Capital did not get that much, after all, Kingkong Capital had the chips in its hands from the beginning.
It’s just that there are too many people involved, with both large and small funds, so the overall calculation is not that easy.
The chips that may be taken over are far more than 4 billion US dollars, because he can see from the short contracts in the hands of major securities firms that a lot of funds have been following the trend and opening short orders during this period, adding up to more than ten billion US dollars.
Not to mention the small institutions, retail investors, and international investors who directly sold their chips.
It is impossible to calculate every penny for large-cap stocks, just grasp the general direction.
"My God, Mandel, do you know what you are talking about? Let alone four billion dollars, we haven't even taken thirty million dollars. After all, we have a lot of things to do now, and out of respect, we won't cause you any trouble."
Mandel: “…”
"Okay, thanks old man."
He didn't ask any more questions. The other party said that they didn't even get 30 million US dollars in chips? Is this possible?
The other institution manages assets worth hundreds of billions of dollars.
It is very likely that he guessed my intention and deliberately said that I didn't get the chips.
After all, this top manager is fully capable of guessing your intentions the moment you make a call.
He began calling several other agencies.
Then, his expression changed and became very ugly.
All the institutions said the same thing. Did they not get much chips at all? Some even said they didn’t even get 5 million.
Are you kidding me?
Where are the chips I threw out? Did they get eaten by ghosts?
Nvidia is a stock that these institutions are operating. How could they be willing to let others take away so many chips?
He really didn't give up, so he finally called a small agency.
The small institution has a size of only over 10 billion US dollars and has little presence among these big players.
However, he has a strong background, so he can participate in Nvidia's meat-sharing project.
A few minutes later, Mandel was devastated when he learned that the other party had taken $200 million.
Those big organizations are playing a trick on him.
For fear that they would be asked for a share of the profits, they all acted pitiful.
He had no way of exposing such things, let alone trying to get in through someone else's back door.
After all, that breaks the rules. If you can turn against others, others can also turn against you.
He plans to wait and see...
On Tuesday, Sky Capital invested US$500 million and quantitative funds invested US$1.1 billion.
The stock price is getting lower and lower, and the support from below is getting stronger and stronger.
For Morgan, the cost-effectiveness decreases as time goes by.
On Wednesday, Kingkong Capital invested US$900 million and quantitative funds invested US$1.6 billion.
This day, we reached a critical point.
Because Kingkong Capital was just one step away from raising its stake in Nvidia.
The two sides fought fiercely, and Nvidia once fell ten points, but unfortunately it did not fall further in the end.
After Yao Yingsong sorted out the report, he sent it to his leader.
Undoubtedly, a meeting is underway again.
"Li Yuan is in a fight with the other party. He wants to protect his funds at all costs. If he raises his hand, he will become meat on the chopping board."
"Why don't you persuade him and admit the loss. We didn't lose much money in total, only two or three hundred million US dollars in total. We can definitely afford it."
"It looks like Li Yuan won't listen to us. If he wanted to sell at a loss, he would have done it long ago. I'm afraid he will force the bid this time. As long as we can keep the funds, there is a high probability that the stock will rise in the future. After all, Nvidia is different from other stocks."
"It's also possible that Wall Street will cut off all of Nvidia's shares and then throw them away."
“…”
These may all exist.
Once the card is raised, it means that the chips are locked and can only enter but not exit.
No matter how much floating profit you have, it will be useless. If the floating loss is too big, you will have to add unlimited margin.
They couldn't understand why Li Yuan always suffered losses of tens of billions of dollars with only a capital of a few billion dollars?
In the current situation, if the other party is determined to go all the way, then for Li Yuan, the risk of loss is very high.
That's a ten-fold leverage, so even if you go long, there's a theoretical possibility of losing ten times as much.
Wall Street can easily drive Nvidia's stock price down to one dollar, and Li Yuan will suffer a loss of 999.99%.
Wait until Li Yuan’s margin is added before going up the price. Anyway, Li Yuan’s money has already been invested and cannot be moved. The floating profit after the stock price goes up has nothing to do with him.
Before the restrictions on Li Yuan’s stocks were lifted, he would run away and leave the mess to Li Yuan.
Of course, this is only a theoretical possibility.
Even if Nvidia is reduced to a shell, its share would not be worth only one dollar.
If Nvidia's stock price falls to the price at the beginning of last year, international funds will rush into it like crazy.
At the beginning of last year, Nvidia's stock price was $86.
