Chapter 374 - 336: Brother Ling Is the Man with a Celestial God’s Perspective
Chapter 374: Chapter 336: Brother Ling Is the Man with a Celestial God’s Perspective
Moreover, and most critically, this time they had a heavyweight backing them!
"Understood."
The assistant nodded and immediately arranged for the traders to snap up the short-selling orders dumped by Celestial Dragon Investment Company.
Of course, a good number of these were sell orders placed by retail investors.
In the current situation, many retail investors sensed danger. They decided to quit while they were ahead, not wanting to get dragged into the whirlpool of this clash between celestial gods.
’Looks like the Dupont Consortium is really going head-to-head with Celestial Dragon Investment Company this time!’
’That’s completely normal, not surprising in the slightest. After all, the Dupont Consortium got royally screwed by Celestial Dragon Investment Company last time.’
...
On all the major social forums, discussions about the US Stock Market never ceased.
Countless netizens chimed in with their opinions.
Especially on a certain popular Q&A forum!
Numerous experts were watching this battle of celestial gods with immense anticipation and focus.
’Just landed in the United States. This Celestial Dragon Investment Company is the real deal. I did a quick search on their recent track record—take a look. [Image] [Image] [Image]. They’re seriously incredible!’
’Definitely. And from what I hear, Celestial Dragon Investment Company has powerful backing!’
’Let’s not talk about that. Those who know, know. If you don’t, it’s better that way. Knowing too much isn’t good for you.’
...
Meanwhile, the US Stock Market was even more frenzied than the online forums.
After snapping up all the short-selling orders dumped by Celestial Dragon Investment Company, the Dupont Consortium didn’t stop. They continued to drive up the price of Fruit Group’s stock.
After plummeting from the series of sell orders Ye Ling had dumped, Fruit Group’s stock once again began to climb.
In a mere twenty-something minutes, it shot past $120!
At that moment, the entire internet erupted once more!
’Looks like Celestial Dragon Investment Company is toast!’
’$120... one hundred and twenty dollars... I’m kicking myself! Why did I ever sell my Fruit Group stock... WAAAAH!’
’The user above gets it. I regret it, too. If I sold now, I could’ve made at least several thousand!’
...
The stock market generally involves two types of strategies: short-term trading and long-term investing.
For the average person, long-term investing is usually more suitable. After all, most ordinary people are just looking to skim a little profit from the market. The returns on long-term investments are generally decent, and most importantly, the risk is low.
Take Fruit Group, for instance. Even though its stock had been suppressed by Ye Ling’s camp, the company’s fundamentals are strong. A rebound was inevitable.
It was just that Ye Ling’s previous maneuver had been so ferocious that Fruit Group’s stock price stayed in the gutter for quite a while.
This is where another major player in the stock market comes in: financial institutions.
Generally speaking, financial institutions can’t afford to engage in long-term investing.
What is a financial institution?
It’s an entity that pools money from ordinary people to make investments, then distributes the profits back to those investors as dividends.
This means they have performance metrics to meet.
While holding long-term is stable, it doesn’t generate the high returns they need.
Therefore, financial institutions typically rely on various maneuvers to secure short-term gains, which is a much riskier approach.
Many financial institutions had previously poured their funds into Fruit Group’s stock. After all, the company had an excellent reputation and was considered a surefire bet, attracting numerous investment firms.
However, Ye Ling’s last maneuver drove many of those institutions to the brink of bankruptcy.
Ye Ling’s previous maneuver had been truly devastating.
Even veteran investors couldn’t help but marvel that there’s always someone better after seeing Celestial Dragon Investment Company’s series of moves.
It was as if Ye Ling possessed a celestial god’s perspective, looking down upon the mortal world.
"Chen Lin, get ready to make a move!"
Ye Ling instructed Chen Lin.
"Understood."
Chen Lin nodded.
Just as the Dupont Consortium finished absorbing all the short-selling orders dumped by Celestial Dragon Investment Company, an article appeared on major social media sites both at home and abroad.
’Hands-on Test of the Tianxin One Chip: The Performance is Heaven-Defying!’
...
Many of you have likely been following the recent announcement of Xia Wei Group’s No. 8 phone. There’s also been a great deal of online discussion about its processor—the Tianxin One chip, produced by Tianxin Technology Company.
Today, I’ll be using Fruit Group’s "i-Phone 6X" as a test subject to compare the performance of the Tianxin One chip against the 7nm chip produced by Mitsubishi Technology Company.
The test results are as follows!
[Image]
[Image]
[Image]
...
Based on this data, we can clearly see the difference.
Honestly!
When I first got my hands on this data, I was completely blown away.
The "i-Phone 6X" equipped with the Tianxin One chip showed a power consumption reduction of nearly ten percent, while its performance increased by nearly thirty-five percent!
What does that even mean!?
It means that, despite both being 7nm chips, the Tianxin One is almost an entire tier better than the chip from Mitsubishi Technology!
To sum it up in one sentence:
Tianxin Technology Company is incredible!
...
An article like this instantly captured the attention of the entire web; even a series of major newspapers like *The Globe* and others reported on it.
’Holy shit! So Tianxin Technology Company is actually this incredible?’
’You still here? What was that about "Useless-Chip Technology"? And Xia Country’s chip industry being a joke??’
’Hahaha, that’s hilarious! The guy above is on our side, people, hold your fire.’
’Rubbing salt in the wound! They’re rubbing salt in the wound again!’
...
On Xia Country’s major social forums, countless citizens were praising Tianxin Technology Company as incredible.
This move from Tianxin Technology Company was just too brilliant!
Weren’t those Western capitalists always looking down on Tianxin Technology?
And in the blink of an eye, they got a slap in the face!
Countless citizens of Xia Country felt a deep sense of vindication.
...
Meanwhile.
On the US Stock Market.
The moment this article appeared online, Fruit Group’s stock price took a nosedive.
The stock market is a game of information asymmetry.
Therefore, all investors keep a close eye on online events, trying to get firsthand information.
This is what makes the stock market so susceptible to the influence of online public opinion.
Earlier, under the Dupont Consortium’s sustained long positions, the stock price had already broken the $130 mark.
What did that mean?
When Fruit Group opened for the day, its stock price was only just over a hundred dollars. In a single day, it had soared by nearly thirty US dollars.
Converted to Huaxia Coin, that was over two hundred Huaxia Coin per share!
Such a massive increase was truly terrifying, especially for a company like Fruit Group that had been hit so hard before.
As the old saying goes: once bitten, twice shy.
The investors who had suffered heavy losses last time would definitely avoid investing in Fruit Group’s stock again, no matter what.
It’s a psychological defense mechanism.
This led to a pervasive distrust of Fruit Group in the market...
To achieve such gains under these circumstances proved one thing: the force making a move this time was incredibly powerful.
"President Ye, I think there must be other players involved this time, besides just the Dupont Consortium!" Chen Lin said to Ye Ling, having keenly noticed this point.
"So you’ve noticed, too," Ye Ling replied with a light chuckle.
"Hm?"
Chen Lin raised an eyebrow. "President Ye, have you figured something out?"
In truth, his statement had just been a subconscious guess.
But it seemed Ye Ling actually knew something concrete.
"Take a look at those short-selling orders of ours that were bought up. See if you can spot anything unusual," Ye Ling said to Chen Lin.
The volume of short-selling orders Celestial Dragon Investment Company had placed was so massive that Chen Lin hadn’t examined them in detail.
"Right!"
Chen Lin nodded and immediately went to check...