Life at the Top

Chapter 203

A large order of ten billion!

It was a rare sight to see no matter which stock exchange market in the world one was at.

This afternoon, investors from all around the world had their eyes on Harbor Stocks when a large order of ten billion with genuine significance appeared.

When this ten billion was injected into the market, this was undoubtedly a cardiac stimulant to the buyers who were almost exhausted of all resources.

Everyone knew that the market rescue from the government and four rich families had started to take place. Belongs to NôvelDrama.Org - All rights reserved.

The fund of hundreds of billions was finally here!

However, the investors were not able to stay happy for long. This huge order of 10 billion was devoured in the next second like it was a provocation.

At the same time, numerous selling orders appeared at the side of the short-selling party.

The Hansel Index that just had signs of recovery dropped down to about 7,800 points again and it was fluctuating around that figure.

The main forces of the seller and buyer started an intense massacre surrounding 7,800 points without any warning.

“Buy all of the top ten stocks of Infrastructure Bank, energy and technology, and the four major sectors.

“There are 40 stocks and it’ll be a total of 40 billion if each of them is one billion. After you’re done so, I’ll authorize it.”

Jasper kept giving out orders in the living room. At this moment, the atmosphere and situation in the living room were extremely intense.

Jasper was hosting the main force of the buying side. He had already come to grips with the mysterious main force of the selling side that was hiding in the dark in close-range fighting. Transactions worth hundreds of millions were made in every minute and every second.

On the market, the retail investor had all been cleared out of the game. The ones remaining were the institutions who would ride roughshod over people normally, but now, they were shaking like leaves in the wind and did not dare to make any noise as they watched the two big shots going head to head with each other.

The stock market worked much like fantasy novels with distinct power levels.

Usually, retailers would just follow the direction of those higher up on the food chain in hopes of making a buck or two off the wisdom of the rich. Meanwhile, a collective of retail investors combined was strong enough to take down any force. There were simply too many retail investors. With such a big spread of resources, it was hard to stay united.

Those with a higher level of capital were usually called ‘whales’. These large-scale retail investors were characterized by their large amounts of capital and they had the ability to influence the price of companies with small to medium market capitalizations.

Moving up another level would be the institutions. Institutions were usually led by investment banks or large investment companies. These folks controlled capitals starting from billions at the entry level, and quite a few operated in the realm of tens of billions.

All in all, institutions were considered the giant crocodiles in the stock market. Usually, they were the ones calling the shots and making the deals in the market

However, at this moment, the power of the institutions was insignificant.

It was because the true main forces of the two parties had funds reaching hundreds of billions, and they could easily affect the fluctuation of Harbor Stocks.

After the authorization, the 40 stocks Jasper chose started rising in response.

The stocks would spur the market. While the Hansel Index rose, the pressure on the short-selling party would skyrocket.

It was evident that the short-selling party had not expected Jasper to take action at this moment.

Plus, the 40 stocks Jasper chose belonged to large-scale listed companies with huge dimensions. They would need to pay a large price if they wanted to lower the prices for these.

The main force of the short-selling party hesitated for a few seconds. In the next second, a fund of 100 billion entered the market.

It was as if they were opposing each other with equal harshness. The fund of 100 billion entered those 40 stocks and was frantically crashing the market.

“Got them!”

Jasper’s eyes were lighting up like never before.

Even if they were virtually fighting this war with their opponent and they could not smell any inferno or smoke, Jasper could feel the pressure from the other party every second of the way.

They were experts.

Plus, they were top-notch experts who were skilled in stock trading with large amounts of funds.

The reason Jasper did that move back then was to force out the fund of the main force of the other party.

At this moment, with an injection of a fund of 100 billion, it seemed that the other party had seen through Jasper’s decision and was taking up the challenge.

“This tactic…” Jake exclaimed.