Chapter 164: Striking it Rich, Your Heart is Bleeding [Thanks to the Alliance Hierarch Xiaolang from Shanghai!]_3
"Hmm, since you've gone all in, I'll follow suit."
Yang Bingzhong is truly a decisive person.
Through previous operations, Yang Bingzhong made a total profit of 39 million, gave 3.51 million to Ren Zhong, and with his own 20 million, topped it up a bit more, having a total of 60 million in his account.
He directly maxed out the statutory leverage limit of five times for a Fourth Level Citizen, using 60 million in a margin account to leverage 300 million in stocks of the space-faring giant, Deep Communication Group.
In the dominant stock of Deep Communication Group with a market cap of 7 trillion points, Yang Bingzhong's transaction barely caused a ripple, only making the stock price twitch slightly upwards within half an hour.
Due to Source Star's unique economic system and the pervasive surveillance of the "Net," the stock market on Source Star is neither simple nor overly complex.
There is practically no possibility for illegal off-market financing in Source Star's stock market.
The only entities capable and authorized to conduct large-scale loan operations are the brokerages and banks under the Alson Group and Deep Communication Group.
Under the shadow of a 10% transfer tax, private loan businesses can hardly grow large and can only engage in small-scale operations.
No one can bypass the regulatory system; everything in this planet's stock market is under the comprehensive surveillance of the Securities and Exchange Commission, Alson, and Deep Communication Group, among others.
Source Star's stock market is extremely regulated.
Of course, this is regulation in its most bloodthirsty form.
After reviewing Yang Bingzhong's full operation, Ren Zhong gave a thumbs up, "Mr. Yang, you're really bold!"
Yang Bingzhong closed his eyes, displaying a blissful smile on his face, and asked, "Ren Zhong, how long do you think Deep Communication Group will keep rising?"
Ren Zhong held out one finger, "Starting from tonight, it will last at least a month! Its scale is too vast, so it can't skyrocket like those small-cap demon stocks, but it stands out for its stability. I can assert that in the coming month, its average daily increase will be at least over 10%, and the total rise will exceed 1700%. It might have some oscillations and corrections in between, but that's just big capital washing the board, tempting small and medium investors to take profits and leave. I'm certain, the fiercer the correction in the mid-term, the more brutal the retaliatory rebound that follows will be. As long as we hold out to the last moment, we are bound to be the ultimate winners."
Yang Bingzhong calculated on his fingers, "According to your words, my 60 million might result in 5.2 billion in return?"
Ren Zhong nodded, "At least! If not, I will bring my head! Sigh, I just wish I were a citizen, so I could leverage like you, Mr. Yang."
"Hahaha, it's no big deal. Don't you have a commission? When I succeed, how could you miss out? But I do have a new concern, with me playing this big, you won't be the same as before, will you?"
Ren Zhong shook his head, "Previously, my problem was picking the wrong stock and encountering a malicious manipulator. I even beat them, hurting the essential interests of a high-ranking citizen playing stocks. But Deep Communication Group's total cap is over 7 trillion; your mere 3 billion doesn't even account for one ten-thousandth of the total shares. We're just following the main force to have a taste; the ones who might get hurt are just the small and medium investors. What can they do to us? They won't even notice us! Besides, what I used to play with was a scale of 500 billion; this is nothing compared to that. If you're really concerned, Mr. Yang, let's wait till we surpass a trillion, then we'll talk."
"That's true. We're indeed about to make it big."
Yang Bingzhong's eyes gradually became fiery.
One month, 5.2 billion, almost equal to the revenue from over a decade of his operations and plans with alien ore, and this is only the beginning!
Ren Zhong squinted his eyes, "Yes."
As the two were talking, a notification came from Ma Dafu.
"Ren Zhong, you're a citizen now."
"Thank you!"
Pa!
Ren Zhong quietly completed the operation, immediately receiving a 750,000 credit loan.
On the other side, Yang Bingzhong said, "Alright, I have other matters to attend to. You should rest."
After saying this, he eagerly intended to leave.
"Mr. Yang, hold on, I... I have one more request."
"What is it? Just say it."
"That... Mr. Yang, how are things with Captain Tang?"
As he said this, Ren Zhong rubbed his hands gently, appearing somewhat nervous and expectant.
Yang Bingzhong's eyes shifted, and he suddenly understood.
He burst into hearty laughter, "I knew your lascivious nature couldn't be changed. You've recovered somewhat then?"
Ren Zhong nodded slightly, "I... I can lie down, without moving. Captain Tang is still charming, with an alluring figure, just looking at her is captivating, truly my type. Of course, I know she's your partner, Mr. Yang, so I didn't really have any intentions, just asked casually."