After returning from the hotel, Li Yang began contacting the brokerage, requesting financing again.
This ti he only had 15 million, but the brokerage offered a higher ratio, providing financing at three to one.
After all, Li Yang had billions in holdings, and they didn’t even impose a limit on his financed positions.
With the financing amount added, it’s a total of 60 million.
Of course, he could actually get more, like getting money from Green Water Group.
Let Green Water Group mortgage everything they could, then make a deal with his Yangfan Entertainnt to temporarily borrow the money.
However, it was too troubleso, and he estimated that by March next year, he would need funds of a full 30 million for tax reporting.
This amount of money ans the taxes are not low.
Moreover, Green Water Group doesn’t have much to mortgage since it already has debts.
This ti, leveraging a high ratio, the overall situation was still passable.
Additionally, he had an account in Port City, through an agent, he also bought so financial products related to A-shares.
In Port City, it was much easier to leverage; after splitting the position, he directly pulled it to ten tis leverage, purchasing several funds.
Just like how there are Hong Kong Stock funds and US Stocks funds dostically, there are corresponding products in Port City as well. However, their scale is usually diocre, unable to handle his capital in a single product.
After increasing the leverage, he could only diversify his investnts; when it beca unmanageable, he directly went all-in on Penguin Holdings.
Converting this money to RMB is simple, but converting it back to US Dollar becos quite difficult.
The funds are usually monitored, making operations quite complex.
And since the Hong Kong Dollar is like a voucher for the US Dollar, there are virtually no restrictions in this regard, allowing for mainland trades and entry into the international market at any ti.
On Saturday night, after his live stream ended, he received a ssage from Jiang Banxia.
"Master Li, are you really not coming?"
He replied: "No, I won’t go. A top student like can’t play too much with underperforrs, or else I’ll beco stupid."
"Oh oh oh... Then today marks the first day of missing Master Li..."
anwhile, after switching WeChat accounts, Li Yang saw a video Bai Qing sent.
In the video, Bai Qing sang a song.
The song was a regular song, but the person...
Since Bai Qing’s radiator worked very well, the room could maintain a long-term temperature of seventeen or eighteen degrees, so she wore very little at ho.
She even wore a camisole top.
With her phone placed on the table, she propped her arms on the table, singing for Li Yang to hear.
She had an amazing figure, and even though her camisole was very loose, it was still held up by other parts of her body.
She deliberately sang in a heavy nasal tone, occasionally swaying her body while singing.
The movents were slight, but targeted the key areas.
"During the spring dusk
Take to the dreamlike waterside village
Let the waving hands drift in the thin fog
Do not awaken the fond mories on the willow bank
They’ve turned into a wisp of light smoke disappearing far away
In the warm afternoon
Pieces of pink clothes flash by
Ah ah... I forgot the lyrics..."
The earlier parts could only be described as sowhat flirtatious, and Li Yang watched with a critical eye.
But towards the end, Bai Qing’s gaze suddenly turned dreamy, combined with words and tones that shouldn’t have been there...
"Are you singing? Soone who doesn’t know might think you’ve gone into the entertainnt industry."
"Ohhhh... Missing hubby for the third day..."
"I saved the video, and when you beco a top singer, I’ll use this as blackmail and ask for hush money!"
"Hehe, by then I’ll surely be so scared and agree to any of hubby’s demands!"
"6"
...
On Monday, Li Yang was in class.
Suddenly, Jiang Banxia sent a ssage.
"Master Li, can I take a look at your transaction records?"
"I’ve closed the account!"
Transaction records were his last line of defense, he would never show them to Jiang Banxia.
The main point is, his transaction records hold no reference value for Jiang Banxia.
Soon, Jiang Banxia sent another ssage, saying: "I want to enter Dongcai, Master Li, do you think it’s okay?"
Every ti she got involved with a new stock, it was like opening a new battlefield, with data analysis lacking in all aspects, and the initial risks were high.
Li Yang asked: "What’s your reasoning?"
"I’m choosing between Dongcai and Tonghuashun, because these two are internet platforms, but considering the situation of both, although the market cap gap is not huge, Dongcai’s industrial moat is much larger than Tonghuashun’s."
Li Yang asked: "Moat? Both are internet platforms, nominally under the brokerage sector concept, in reality, they don’t have brokerage business, they’re essentially just a channel for drawing in traffic."
The reason Dongcai will surge in March next year is because soone knew in advance that Dongcai would acquire a brokerage, thus becoming the first internet brokerage platform in the country.
Tonghuashun is like Taobao, rchants can freely move in, without even needing a deposit, opening stores at will, and using algorithms to monetize by selling keyword weight or product hyperlinks.
With brokerage business, Dongcai is akin to JD, focusing on self-operated business.
The forr has high traffic, the latter high profit.
The profit from selling products is higher than simply selling traffic.
This is why, although the two platforms are similar, over the years such a large gap appears, with Dongcai’s market cap consistently about three tis that of Tonghuashun.
With brokerage business, Dongcai truly has a moat, currently it does not.
Jiang Banxia: "Yes, but Dongcai..."
"What is it?"
"Alright, I’ll be honest, I just feel like Dongcai’s funds seem a little off, um, just feel..."
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