Chapter 120: New Flying Technology Limit-Up/Limit-Down
Chen Yang sent Su Mingyue home, then drove to Worry-free Residence.
The owner of Worry-free Residence, Yexin, saw Chen Yang arrive and immediately put on a sour face. 'What are you here for? You're not welcome here!'
Chen Yang sat down in front of her desk, smiling, and said, 'Yexin sis, I did pay the membership fee.'
Yexin snorted coldly, 'Only Anna can use your membership, or you can have your wife come instead.'
Chen Yang deliberately sighed and said, 'Yexin sis, your sisterly bond is as thin as paper—do you really have to pay a fee just to meet?'
'You sure like to meddle,' Yexin glared at Chen Yang, knowing he never came without a reason, and said, 'Speak up if you have something to say, or fart if you have gas.'
Chen Yang laughed, 'I saw that unfaithful man Wang Yichen today.'
Yexin's face changed slightly, but she quickly regained composure. Since Chen Yang could joke with her, it meant Shen Anna definitely wasn't present. 'Chen Yang, you little brat, what nasty trick are you up to? Don't test my patience.'
Chen Yang said, 'Wang Yichen bought 50 million worth of New Flying Technology stock at Xingcheng Securities today.'
Yexin frowned. She also held New Flying Technology stock, and when it suddenly hit the limit-up, she almost couldn't resist selling. She never expected it to be driven up by that damn Wang Yichen.
Seeing Yexin silent, Chen Yang probed again, 'Yexin sis, do you and your friends have any New Flying Technology stock? If so, dump it!'
Yexin gave Chen Yang a sideways glance and snapped, 'I haven't even broken even yet! If you dump the market now, will you compensate my losses?'
Chen Yang isn't a money printer, so he certainly couldn't compensate. After thinking, he said, 'You can wait until tomorrow to keep hitting the limit-up or sell at a high; even if you lose, it won't be much.'
Yexin said, 'What if we don't sell?'
Chen Yang said, 'Then I'll go post an essay telling everyone that New Flying Technology has absolutely no cooperation with the Liu Clan Group. Then you know…'
Yexin furrowed her brows, looking at Chen Yang's smug smile with scrutiny. 'You little brat, you wouldn't cheat me, would you?'
Chen Yang calmly said, 'You know my relationship with the third generation of the Liu family; do I need to deceive you? Of course, you can also send someone to investigate whether New Flying Technology really has any cooperation with the Liu Clan Group.'
Yexin pondered for a moment, then told Chen Yang, 'I'll decide tomorrow whether to sell based on the situation. But you must not tell Anna about seeing Wang Yichen.'
Chen Yang said, 'I definitely won't tell, but I can't guarantee he won't go look for Anna sis.'
'What do you mean?' Yexin looked at Chen Yang, puzzled.
Chen Yang explained, 'I made a bet with him today: each of us invests 50 million in stocks, and whoever profits less has to bark like a dog. Under normal circumstances, he'll definitely investigate me, and he might also find out about Anna sis.'
Yexin burst out laughing in anger. 'You men are really childish, always wanting to bark like a dog. Why not go streaking on the street? You could even end up on the front page of newspapers.'
Chen Yang spoke solemnly, 'I prefer to keep a low profile. Let you big shots handle making headlines.'
Yexin's face flushed slightly as she kicked Chen Yang hard. 'You little brat, you deserve a beating, daring to make fun of me!'
'Then I'll head back first.' Chen Yang saw she was angry and prepared to run away.
'Stop!' Yexin suddenly remembered something, pointed at Chen Yang and asked, 'Was today's fluctuation in Xingcheng Heavy Industry's stock caused by you?'
Chen Yang asked doubtfully, 'What's up?'
Yexin and her friends had been toyed with by Chen Yang on the Xingcheng Heavy Industry stock several times, unable to hold back her anger: 'You little brat, you run as soon as it rises—what's the point?'
Chen Yang nodded, 'Making money is definitely fun!'
Yexin snorted, giving a look of contempt. 'Can't you have some ambition? Can't you wait for the stock to rise higher before running? Can't you show the courage and vision you had when you first bought this stock?'
Chen Yang said, 'Big sis, when I first bought it it was only six yuan, and now it's more than tripled. Can't I be a bit careful?'
Yexin said displeasedly, 'You little brat, you're just not optimistic about Xingcheng Heavy Industry?'
Chen Yang replied, 'If I weren't optimistic about it, why would I buy it?'
Yexin said, 'Since you're optimistic about it, you should hold it long-term!'
Chen Yang laughed, 'Big sis, we're trading stocks, not doing value investing. If everyone just clung to their stocks and didn't move, wouldn't the stock market be a stagnant pond?'
'Fine, then keep messing around,' Yexin said, not understanding Chen Yang's mindset. She also traded stocks just to follow the crowd for fun. Since Chen Yang had his own ideas, she couldn't be bothered to interfere.
Yexin made several calls, then went to Old Hundred Surname Agricultural Products Trading Co., Ltd., dragged Shen Anna to her villa, and forcibly gave her two days off.
The next morning, the large-account trading room at Xingcheng Securities remained calm. New Flying Technology opened and hit the limit-up again, but Wang Yichen and his aide Ma Chaoyun didn't show up.
Meanwhile, the Xingcheng Heavy Industry stock that Chen Yang bought continued to creep upward slowly after opening, like a turtle. Chen Yang checked the data—most buyers were retail investors, while institutions and hot money were still in a wait-and-see stance.
This market sentiment left the onlooker Su Mingyue feeling anxious. She even considered advising Chen Yang to reduce part of his position and prepare a stop-loss.
Chen Yang had already sent Liu Shijie to inquire, and New Flying Technology indeed had no cooperation with the Liu Clan Group. So before the market opened, he had people prepare an essay, just waiting for Yexin's side to act.
This wait lasted until 2:50 p. m., when New Flying Technology's stock suddenly saw a large sell order, dropping straight from the limit-up price of 38.72 to 31.68. Meanwhile, Xingcheng Heavy Industry's stock saw a large buy order, rising from the opening price of 18.5 to 20.35.
This change left the perpetually anxious Su Mingyue stunned. It took her a while to react, then she excitedly hugged Chen Yang and shouted, 'Limit-up! Finally limit-up! Chen Yang, we won!'
Chen Yang felt his heart flutter from the two huge soft masses on her body, and hurriedly urged her to stay calm.
'There's still another day—don't get too excited too soon!'
Su Mingyue had already calculated the outcome in her mind. She happily laughed, 'New Flying Technology is limit-down. Even if it rebounds tomorrow, it can't catch up. We've definitely won!'
Chen Yang wasn't as optimistic as she was. He didn't know the intentions of those who bought Xingcheng Heavy Industry in the closing minutes. If it was Yexin and her friends, that would be fine; but if it was people arranged by Wang Yichen causing trouble, the stock would surely crash the next day.
Chen Yang tried calling Yexin to ask about her situation there.
'Yexin sis, did you guys buy Xingcheng Heavy Industry?'
'Yeah, are you getting ready to run again?'
'Don't worry, I won't be stupid enough to tank my own position.'
'Alright, just give me a heads-up when you run. Otherwise, we're not done.'
'No problem!' Chen Yang agreed readily. Anyway, if he sneaked out, Yexin wouldn't notice. At most he'd send her a notice shortly before finishing the sell-off.
That night, the Liu Clan Group issued an official statement clarifying that it had no cooperation with New Flying Technology. Upon receiving the news, Wang Yichen scolded Ma Chaoyun on the phone for a full two hours.
End of Chapter
