Rebirth: Super Banking System
Chapter 1588 - 1424: Market Close on the First Day! (Subscription Requested!)

Chapter 1588: Chapter 1424: Market Close on the First Day! (Subscription Requested!)

Buying into a rise.

Cutting losses on a dip.

Two trading logics that are impossible to escape.

Looking at the bustling trading hall and some investors smiling at him, Tang Qing knew very well that people buy with a grin when prices rise, and sell with a grin when prices fall.

No hesitation whatsoever.

The full spectrum of humanity is vividly displayed in the capital market.

...

Trading hall.

The sound of phones never stops ringing.

C3 trading zone.

"Buy an additional 3,000 shares of Microcrystalline Technology? Below $56? No problem, I’ll place the order right away." Hanging up the phone, a trader gleefully submitted the order, adding strength to the bulls.

This kind of smash-hit new stock.

Is the kind he loves the most.

Because his income is tied to trading volume, and most of the time he acts as an advisor recommending stocks for clients, but today, that’s clearly unnecessary—there are plenty of clients eager to buy in.

As soon as he finished placing the order.

The phone on his right rang again.

"Sell your 10,000 shares? Are you sure? Alright, I’ll handle it right away."

"..."

"Anything below $57 is acceptable? Okay. Sell above $70? No problem."

"..."

In just one minute,

he handled nearly five calls.

Five transactions.

There’s commission on both buying and selling.

So he doesn’t waste time on extra words, doesn’t persuade clients to buy more, nor stop them from selling. He knows that time spent talking is time lost on another deal. Buy or sell, he simply follows the client’s requirements.

Some clients bought in at prices in the $40s and instructed him to sell above $55—he promptly executed the sell order, earning a commission upfront. After all, such easy money is there to be collected; why not take it?

Later, when the client calls back regretting the sale,

he’ll persuade them to buy again.

That’s two commissions.

Pure bliss.

Today.

Is truly a wonderful day.

...

Wall Street.

The Ge family’s investment company.

"Our funds have all entered the market. Average cost: $49.6 per share." General Manager Hou Bing reported to Ge Zhong. After over an hour of frequent placements and withdrawals, the task was finally complete.

Looking at the stock price.

It had already risen to $53.5.

They were already making a profit.

"Good."

Next door.

Another investment company.

"Manager, we’re almost out of cash."

"We’re nearing our fluctuation price range."

"Use 5x leverage."

"Understood."

All around.

Many companies were doing similar things—it was a common tactic from the opening bell. Some even employed extreme leverage of 20x. As the price had been climbing steadily, no one’s position had yet imploded.

Reaching the fluctuation price range.

Leverage had to be reduced slightly.

Nobody wanted to face a blowout.

...

Nasdaq.

1:20 PM.

Microcrystalline Technology’s stock price had stabilized around $56. After ten minutes with no major fluctuations, everyone knew the bearish forces had mostly been exhausted.

Next up.

It was the bulls’ turn to perform.

Currently, securities brokers had not opened short-selling options for Microcrystalline Technology. While margin financing for buying was possible, short-selling was not an option—there was no need to worry about anyone dumping the stock.

$57.

...

$58.

...

$59.

...

In just fifteen minutes, another three whole-dollar price levels were climbed.

Ge Feng’s face beamed with joy.

His fund was smaller in scale,

so he had spent all his money even earlier than the Ge family’s investment company. Final average cost: $44 per share. Now at $59, this meant his fund had gained over 34%.

And this time, he had fully leveraged up.

5x.

"Heh heh."

Still, following Tang Qing was the fastest way to make money.

Once Qingyuan Technology goes public on Xin’an City’s exchange, there’s bound to be another big payday. By then, he could pledge his Microcrystalline Technology shares, take a loan, and buy shares in Qingyuan Technology—best of both worlds.

Unfortunately.

Myanmar doesn’t allow the use of leverage.

"Tang Qing, we’re nearing $60." Ge Feng shouted.

"I see it."

Tang Qing’s indifferent expression.

Left Ge Feng speechless.

Honestly?

He had no idea what dollar amount could excite Tang Qing. $60 was just around the corner, which meant Microcrystalline Technology’s price was nearing a 100% increase—Tang Qing’s net worth had doubled.

Couldn’t he at least show some excitement?

"Tang Qing, be honest. Are you secretly thrilled inside?" Ge Feng asked, refusing to give up.

Hearing this.

Tang Qing looked at him.

For a moment.

"Alright, I’m secretly thrilled," Tang Qing replied, conceding a partial truth to accommodate Ge Feng’s ’fragile’ psyche. Not a complete lie, just a half-truth.

Microcrystalline Technology’s stock price hadn’t fully stabilized yet.

Joy was premature.

"..."

Ge Feng wasn’t entirely convinced.

Whatever.

No point in arguing with a genius—it would only hurt his own feelings.

"Let me calculate. The market value now is $720 billion, and you own 66% of the shares... uh..." Ge Feng realized he’d overestimated his mental math skills. Awkwardly, he pulled out his mobile phone.

"$475.2 billion."

Ge Feng let out a sigh.

Indeed, a number far beyond his capability to even comprehend.

By now.

The stock price had broken past the $61 mark.

"Wow-wow-wow-wow-wow!"

"Whizz~~"

"Whoa!"

"..."

A 100% increase.

Set the trading floor ablaze with cheers.

Investors came over one by one to thank Tang Qing, especially those big players who scored shares at the offering price—they had definitely made a fortune this time around. Of course, some investors had already exited the market.

Securing the bag.

After a quick chat with Tang Qing,

each went off to grab lunch.

The U.S. stock market doesn’t pause at midday, and for traders, time equals money. Conveniently, the exchange provided free light meals, mostly hamburgers—a quick fix in minutes.

"See you in the afternoon."

"I’ll swing by before the closing bell."

"Alright."

Zhou You and Ge Feng exited the exchange.

Looking for a place to eat.

Tang Qing didn’t stay idle, shutting off the projection screen. Seeing that it was already past 1 AM, he figured he wouldn’t bother Lin Jiaxue. Heading to the study, he resumed his sketching and drafting.

...

Afternoon.

4:30 PM.

Tang Qing returned ’to’ Nasdaq.

"Haha, Tang Qing, did you see that? It’s at $79 now." Ge Feng greeted him enthusiastically. Glancing around, most investors had left, and things seemed quieter than before.

"I see it."

Tang Qing looked at the screen.

$79.

There were still 30 minutes until the market closed. Whether the stock could stabilize at $80 by the close remained uncertain as the price continued fluctuating—bulls and bears would battle for a while longer.

minutes later.

$77.

Seeing the downward trend, Ge Feng nervously asked, "Can it hit $80?"

Tang Qing nodded. "It can."

"You’re sure?"

"Yes."

"Why?" Ge Feng pressed.

"Because I happen to like the number eight."

Tang Qing smiled. On the first trading day, he didn’t particularly enjoy leaving things off with a slight drop. And if he didn’t like it, well, some fighters would step in to make sure things unfolded the way he preferred.

"..." Ge Feng rolled his eyes.

What you like.

The market’s supposed to bend to your preferences?

Five minutes later.

A dozen or so large orders.

Pushed Microcrystalline Technology’s stock up by $3 in just the final minute of trading, closing at $80. By now, Microcrystalline Technology’s market value had reached a jaw-dropping $960 billion.

"Don’t look at me. I didn’t do anything."

"I don’t believe you."