Chapter 149: Circuit Breaker Mechanism

Words : 1692 Updated : Sep 17th, 2025

"Shiyu, you take Yu home." Lu Liang had spent three days in the northeast with Su Wanyu, and on Christmas Day, they took a flight back to Modu. Upon arriving at the company building, he instructed his cousin, then gently stroked Su Wanyu's cheek, "You go home first, I have to get busy." Su Wanyu hummed in response and suddenly gave Lu Liang a quick kiss on the lips, waving goodbye with a happy smile on her face, "Bye, take care of yourself, remember to eat on time." A trip is the best way to test whether two people are compatible. Being away from home entails numerous trivial matters, and the way one handles unexpected situations can truly reveal one's character. Over the past three days, except for the initial awkwardness of going to the baths, she had been very happy most of the time. With no worries, once she stepped out of the hotel, she just needed to hold Lu Liang's hand, and everything was perfectly arranged. She felt that this year she could tell her family that she had a really good boyfriend. "Goodbye." Lu Liang touched his lips, his mouth curving slightly upwards. Su Wanyu was shy, as kissing in public was already her limit of acceptance. Taking the elevator up to the office, Lu Liang reviewed the documents that needed his attention. Crown Princess Consort had finished airing yesterday, with 35 episodes garnering over 1.9 billion views, becoming a dark horse. Since the subscriber increase was only 101,200, he could only sell it at 400,000 per episode, totaling 14 million for 35 episodes, and 12 million for five-year exclusive rights—26 million in total. Lu Liang sighed, signed the authorization, and tossed it aside. 2.4 billion had turned into 1.9 billion, and with only 14 million from the premiere fees, he understood that the wrong platform had been chosen. The style of B Station was indeed suitable for Crown Princess Consort, but B Station's users were not, as their willingness to spend was extremely low. Still, he had earned over 22 million and was resigned to it. He spent most of the next half day reviewing documents. December 27th, morning. After resting for a night, Lu Liang arrived at the office refreshed to meet with the subscribers of Tianxing II private equity. The fee structure was still 2+20, each share costing 20.4 million dollars, equivalent to 130 million RMB. Since everything had been agreed upon in advance, the subscribers arrived in a steady stream without objections, the process went extremely smoothly, contracts were signed, funds would be transferred within three days, and the net value updated on the 1st of each month. The first three months were the lock-in period, after which one could apply for redemption a month in advance, but it would involve a 5% deduction of the principal along with no entitlement to any benefits from this event. Zhu Hu suddenly stood up with a smile and bowed, "Everyone, if anyone is interested in an early redemption, please contact me. Golden Sand River is eager to take on as much as possible." The dividend amount of the first phase was a secret to outsiders, but not to him—386 million dollars in dividends. 2 million per share, four months of dividends was about 5.728 million dollars, his mouth watered just thinking about it. "Mr. Zhu, Golden Sand River really is financially impressive," Shen Peng said with a smile that seemed like a compliment but was actually sarcastic. The people present were all either rich or noble, and anyone who did something impulsive could probably be laughed at. "You never know who might suddenly need money." Zhu Hu was indifferent, taking it as if Shen Peng was complimenting him. Lu Liang just smiled and had no intention of persuading them, as this was just how these two interacted. He asked Wen Chao to secure the contract files, and at that moment, Guo Changguang came over smiling and asked, "Mr. Lu, what's your view on the Big A introducing the circuit breaker mechanism?" "A 'circuit breaker' is a protection mechanism, like when there's an overload in electrical use or a circuit fault, the fuse is blown, resulting in a power outage. Once the load is reduced or the fault cleared, reconnecting the fuse restores the power. In early September, after a draft request for comments, the Securities and Futures Commission issued regulations on index circuit breakers in mid-December, to be officially implemented from January 1. "It should be a good thing, as it has a stabilizing effect on the market," Lu Liang had heard of the term but had not seen it in action. Sёarᴄh the NôvelFire.nёt website on Google to access chapters of novels early and in the highest quality. The circuit breaker mechanism originated from US stocks, also known as an automatic trading halt mechanism, but the most recent activation was in '97. That year, during the financial crisis, the Dow plunged 7.18%, triggering a level-one market circuit breaker and halting trade for fifteen minutes. However, it recovered the next day and wasn't a big deal. The Big A had introduced the mechanism and localized it, with circuit breaker thresholds set at 5% and 7%. Level-one circuit breaker, suspension of trading for fifteen minutes, Level-two circuit breaker, pause of trading until the market closes. "Do you really think introducing the circuit breaker mechanism is a good thing?" Zhu Hu stopped his debate with Shen Peng, his face showing an odd expression. "What? Is there some insider information?" Lu Liang suddenly felt puzzled, wondering why everyone was looking at him so strangely. Shen Peng smiled at the corner of his mouth, his tone relaxed, "The word online now is that Mr. Lu is not in favor of the circuit breaker mechanism, so he sold off his stocks in advance, using dividends as just an excuse." Initially, people speculated whether Lu Liang's dividends and the launch of the second phase of private equity were really preparations to short the British Pounds. Suddenly, someone mentioned the soon-to-be-implemented circuit breaker mechanism. Consequently, the rumor transformed into Lu Liang being bearish on the circuit breaker mechanism for Big A stocks, thus clearing his stocks and fleeing in advance. "It's all rumors and misrepresentations." Lu Liang was both amused and vexed, he really hadn't been paying attention to the circuit breaker mechanism. In Big A, they had only bought shares of BYD, which accounted for less than 20% of the total portfolio. That sum of money was too insignificant for him to bother with. Guo Changguang stared into Lu Liang's eyes for a long time, unable to fathom his thoughts, and eventually sighed, "Circuit breakers might suit US stocks, but not necessarily our Big A stocks." "Perhaps, but we will see in a few days," Shen Peng chimed in, inadvertently glancing at Lu Liang, clearly one of those who believed the rumors online. Lu Liang still wore a smile on his face but inwardly sighed, hoping the introduction of the circuit breaker mechanism would be beneficial, otherwise, he would probably have to carry this blame. A first phase of dividends, initiating a second private placement, was indeed to short the British Pounds, but no one believed him, and there was nothing he could do about it. On December 30, Tianxing II finished raising funds, with one billion dollars gradually arriving into accounts, entering a three-month lock-up period. That same afternoon, Li Manli snuck back from Star City, her body clad in fluffy attire, resembling a walking stuffed teddy bear. When Lu Liang got home and saw her, he showed surprise, "Isn't your show still ongoing?" During his leisure, he would watch the live stream and send some gifts to boost Little Wang's Panda popularity. He had watched it just the previous night, knowing the show still had seven days to go, and today was only day three. "I took a leave." Li Manli, hopping and skipping, hung on Lu Liang like a sloth, coquettishly said, "I wanted to spend New Year's with you, to experience our first New Year together." Seeing Lu Liang seemed hesitant, she couldn't help but softly ask, "Do you still have work tonight?" "Nothing much, let's find a place to eat later." Lu Liang found the situation ironically humorous. He firmly patted her bottom, prompting Li Manli to get off him; he had intended to go home to change clothes and then meet Su Wanyu. The plan was for the two to welcome the New Year together, clasp hands at the stroke of midnight, blending souls, marking the first moments of the year. However, Li Manli had come back from so far away, and it had been a long time since they'd seen each other, so it seemed okay to be with her too. "Ow~" Li Manli rubbed her bottom with a wronged expression, having gradually shifted toward becoming a comedy actress since the live stream. "Really? Could I have been too rough?" Lu Liang feigned concern, his hand delivering another slap. This time he held back his strength, but her cries were louder, as she rolled around on the ground, "It hurts so much, it feels like it's splitting~" "I'm going to shower first, you decide what we should eat," Lu Liang said, tuning her out and tossing her a set of car keys. Seeing that acting pitiful was useless, Li Manli chuckled mischievously, sitting upright, "Pagani? What kind of car is that?" "Pagani," Lu Liang said, heading for the bathroom. Old Meng was very generous; to outshine Little Wang, he had gifted a Pagani Zonda, which apparently had a domestic price tag of over twenty million. "I've heard of it, seems very expensive." As Lu Liang entered the bathroom, Li Manli deviously smiled, revealing a cunning grin; she vaguely felt that Lu Liang had another woman outside, but she wanted to be the most special one. To spend the New Year's Eve with him!

Chapter 149: Circuit Breaker Mechanism

Comments (0)