High School Belle Fell in Love with Me-Chapter 327 - 169: One Wrong Step, Total Defeat! (Double-Length)
She didn’t know what Jiang Banxia was seeking. She already had fame and wealth now, so why play the role of a submissive woman?
Her path in life was so wide, but she chose to walk down that narrow road?
Jiang Banxia now had billions.
If she had a few billion, she’d dare to take control of the Zhao Family. Everyone has ambition; where was Jiang Banxia’s ambition?
She just hoped that Li Yang’s next move wouldn’t be liquidation and escape.
But soon, she was disappointed.
During lunch, the three sat together and Li Yang spoke up: "Let’s liquidate Wanliu Capital. There’s still three billion left. Once the afternoon is over, we’ll be able to split the profit."
Xiangnu’s face changed: "I don’t agree with liquidating!"
If they liquidated now, it would mean she’d worked for nothing; not only would she not gain any goodwill, she’d likely become despised.
If the market was bad, and other private equity firms weren’t performing well, it would be understandable.
But other private equity firms weren’t doing that poorly, and some even performed better than Wanliu Capital.
Although she hadn’t signed a contract with the counterpart, she had given a verbal promise, and if she couldn’t deliver, nobody would want to work with her in the future.
Li Yang said: "Then you can hire another fund manager to handle the trading for you. We’ll only take our share."
"You..."
At this point, Xiangnu realized that from beginning to end, Li Yang had been in control; no matter how angry she got, it was useless. 𝕗𝕣𝐞𝐞𝘄𝐞𝚋𝚗𝗼𝘃𝗲𝗹.𝚌𝕠𝚖
She could only look to Jiang Banxia, hoping for a miracle.
Jiang Banxia awkwardly gave Xiangnu an embarrassed smile; if Li Yang wanted to liquidate, then they would have to liquidate.
When the afternoon trading began, Xiangnu stayed by Jiang Banxia’s side and asked, "Xiaxia, do you really not want to try harder?"
Jiang Banxia replied earnestly, "I am trying hard, but next, I need to work hard on learning."
Xiangnu realized that the only breakthrough point was still with Li Yang.
At three in the afternoon, Li Yang completely liquidated.
Private equity isn’t like public equity; there are fewer regulations, and liquidation is straightforward.
But most capital companies wouldn’t make a decision like Li Yang’s, after all, it’s not like they’re leaving the market.
As long as they continue to play, complete liquidation isn’t feasible.
You need chips in hand to make money. No matter if the market is good or bad, they will maintain a certain base position, thirty or fifty percent.
After the liquidation, Li Yang took out the report.
Finding Xiangnu, he said, "Here is the report I prepared, the current total capital is 16.4 billion, divided into two phases due to external capital entering. First phase profits were 80%, second phase profits 46.5%, Jiang Banxia’s investment of 1.5 billion should come to 3.955 billion. Your side had an initial investment of 2.5 billion, profits exceeded 120%, but fell short of 160%, so Jiang Banxia can take a 10% profit share, which is 492.5 million. The second round of capital input profits were under 50%, so she can only take a 2% profit share, which is 37.2 million."
In the end, Jiang Banxia would take away 4.4195 billion.
Li Yang clearly placed the data in front of Xiangnu.
Xiangnu was in no mood to look at the data because over the past two trading days, Li Yang had been selling off shares regardless of cost, reducing overall profits considerably.
With less than 50% profit, she had even less ability to explain.
She might as well have done nothing!
If there had been less capital, Jiang Banxia might have generated more returns; she could have had more money.
Now not only had she reduced her own funds, she’d offended others as well.
"Li Yang, come to the office, let’s talk?"
Li Yang said, "Okay."
He told Jiang Banxia to wait for him a moment and followed Xiangnu to the office.
Although the last funding issue had led to a fight between him and Xiangnu, it was mutually agreeable; at the time, Jiang Banxia also wanted to challenge herself, so no one was in the wrong.
But the ensuing losses were what Li Yang was unwilling to bear, even if it was Jiang Banxia’s money.
Moreover, liquidating now was a good thing for Xiangnu; with the upcoming market conditions, small capital might make some gains, but large capital is certain to lose money, and that could mean heavy losses.
Don’t look at the over 100 billion seeming to have doubled, but in reality? Losing 50% in the market would wipe out all profits.
The upcoming market conditions would not stop at losing 50%. Possibly more than half of the principal could be lost.
This year, the index would fall from 5,000 to over 3,000 points, and next year further down to 2,600 points.
Even if Jiang Banxia were a genius, at most she’d outperform the index’s decline, still losing at least 40%, leaving Xiangnu in a difficult position.
This year’s highest point at 5,178 wasn’t reached; likely because he spared no efforts to sell off and crash the market.
Arriving at the office, Xiangnu waited until Li Yang entered and closed the door.
Then, she spoke: "Li Yang, liquidating like this, I can’t explain it. You can take away other funds, but for the remaining billions, I hope you will let Jiang Banxia work a bit longer. You know, less capital is just a trivial matter for her, just consider it as a favor to me. If you need help with anything in the future, as long as it’s within my ability, I will be the first to assist."
She placed herself in a weak position, hoping Li Yang would relent.
Li Yang asked: "Why can’t you explain it? Nearly 50% profit in over two months, 2 billion in earnings, and they’re still not satisfied?"
"Yes, I promised at least to double."
"Hmm?"
Xiangnu explained: "They aren’t obligated to choose Wanliu Capital; there are other options. To them, mobilizing such funds was a costly endeavor, essentially a once-in-a-lifetime opportunity. Other private equity firms typically have profits over fifty percent, and handing over data now, they surely won’t accept it."
