Chapter 125: Treating the Stock Market as an ATM
Chen Yang had Su Mingyue keep an eye on the news of Xinfei Technology; after settling Zhong Hanshan and his R&D team in Qingshui City, he drove to Xingcheng on Monday morning.
After arriving in Xingcheng, Chen Yang did not go to Xingcheng Securities to meet with Su Mingyue; instead, he let her act according to the situation. If Xingcheng Heavy Industry opened high, he would look for an opportunity to sell his shares; if it opened low, he would appropriately add to his position. As for Xinfei Technology's shares, he would hold off for now.
After giving those instructions, Chen Yang then went to Dongjiang Securities together with Shen Anna.
Although Shen Anna had been driven away by Huang Bai Ming at Worry-Free Residence, she still had a good impression of Zhuo Wenyuan; after returning to the company, she specially introduced him to Chen Yang. Moreover, she also guessed that the enemy they discussed in the stock market, Yexin and Zhuo Wenyuan, was Wang Yichen. She wanted to follow Chen Yang to Xincheng Securities to see the situation.
By the time they arrived at Dongjiang Securities, it was already eleven o'clock. Zhuo Wenyuan personally went to the company's front gate to pick them up.
While shaking hands with Zhuo Wenyuan, Chen Yang carefully sized him up. He was about forty, 1.75 meters tall, with a slightly plump build.
"President Chen, I've long heard of your great name; I didn't expect you to be so young!" Zhuo Wenyuan often heard Yexin scold Chen Yang as a "little brat," so he knew Chen Yang wasn't old, but seeing him in person still came as a bit of a surprise.
Chen Yang laughed and said, "I heard from Anna Sis that you've been scolding me pretty harshly."
Zhuo Wenyuan laughed heartily and said, "It's just joking among friends. Actually, everyone really admires your stock‑trading skill—your predictions are precise and your actions decisive. I've been trading stocks for twenty years, and technicians as unbeatable as you are truly rare."
"President Zhuo, you overpraise me—I'm just lucky. Compared to skill, I can't hold a candle to you seniors." Chen Yang's stock trading relies on memories from his previous life; he dare not show off his modest skills before experts in technique. His profitability in Xingcheng Heavy Industry stock comes down to the two words 'cautious'. Whenever the stock price exceeds the remembered high, he immediately liquidates his position; after a pullback, he re‑establishes it.
Zhuo Wenyuan thought Chen Yang was merely humble. He had been in the business for twenty years and had seen plenty of lucky stock traders. They all made a big profit early on, but most of them gradually turned into the leeks harvested by the manipulators. He had never seen anyone like Chen Yang, who makes big moves every time and always profits.
Zhuo Wenyuan first arranged for someone to open a stock‑market account for Chen Yang, then took Chen Yang and Shen Anna to the VIP room.
Yexin, Huang Bai Ming, and Zhao Feiyang were discussing stocks in the VIP room. Seeing Zhuo Wenyuan bring Chen Yang and Shen Anna inside, Yexin immediately snapped at Chen Yang, "You traitor! We agreed to advance and retreat together, yet you ran off again!"
Chen Yang looked at Yexin, bewildered, and said, "Sis Yexin, who are you calling a traitor? I still have one million shares left as a base position."
Yexin gave Chen Yang a direct eye‑roll. "Xingcheng Securities just dumped two million shares of Xingcheng Heavy Industry this morning. The Wang side hasn't moved, so the remainder must be yours, right?"
Chen Yang called Su Mingyue and learned that she had already sold the remaining Xingcheng Heavy Industry shares at an average price of 24.2, bringing in 24,180,000. After subtracting the 50,000,000 cost, the total profit from this Xingcheng Heavy Industry trade was 13,840,000—directly earning back Professor Zhong's research funds.
"Sis Yexin, this isn't my fault. I drove from Qingshui to Xingcheng this morning, then went to pick up Anna Sis, so I had no time to watch the market. My assistant tried to call me but couldn't get through; fearing an accident with Xingcheng Heavy Industry's stock, he took the initiative to dump the remaining one million shares."
Yexin kicked off her high heels and hurled them straight at Chen Yang, snarling, "You little brat, do you take us for fools? Without your order, would your assistant dare to sell stocks?"
Chen Yang quickly caught the high heel Yexin threw, then handed it back to her. He then put on a pitiful look and said, "Sis Yexin, please understand me. The company's expenses have been large lately. We just hired a R&D team that demanded ten million in research funding up front. I'm short on cash and lack the nerve to rob a bank, so I can only dip into the stock market for a little extra."
As soon as Chen Yang said that, everyone present who traded stocks wanted to beat him up. They constantly discuss experiences, analyze trends, and dig for information, always treading on thin ice in the stock market. Yet Chen Yang treats the stock market like an ATM, withdrawing money whenever he's short. It's infuriating—people compared to people, it makes you furious!
Yexin's anger eased a bit. She often hangs out with Shen Anna, so she's still clear about the situation at Old Commoners Agricultural Products Trading Co., Ltd. After opening a month and a half ago, they've rented office space, shop fronts, bought land, warehouses, and a processing plant, hired a professional R&D team, and have already poured in several tens of millions. All this money has been raised by Chen Yang alone, which is truly not easy!
So, her feelings toward Chen Yang are a mix of annoyance and admiration. She's annoyed that he constantly defies convention, repeatedly messing up her plans. She admires that he has money but doesn't squander it, focusing wholeheartedly on his career, and is sincere and generous toward friends.
"What's your next plan? Are you going to mess around with Xinfei Technology?"
"I have no interest in Xinfei Technology!" Chen Yang shook his head. Although he dislikes Wang Yichen, he still takes a cautious stance toward Xinfei Technology's stock, because his memories contain no concrete information about it, so he doesn't know where its bottom line lies.
"Why? Aren't you short of money?" Yexin looked at Chen Yang, a little surprised. Today they had all bought some Xinfei Technology shares as a base position, expecting Chen Yang to follow suit. Unexpectedly, Chen Yang actually had no interest.
Chen Yang explained, "I've looked into Xinfei Technology's data; their main business is electronic component assembly. For the past few months they've been rumored to be linked with several major domestic tech firms, but all those rumors were shot down. This shows their assembly technology isn't up to par. Even if we slap on some fake themes, it will eventually be exposed for what it really is."
Zhuo Wenyuan thought Chen Yang was worrying needlessly and said, "Chen Yang, Xinfei Technology's stock has already been pumped up by us. If we release a bit more news tomorrow, it will surely hit the limit‑up. If you're interested, you can take a position."
Chen Yang knew that with so many people working together, short‑term trading could still be profitable, but after thinking it over he chose to refuse. "President Zhuo, thanks for the goodwill, but I won't make this money. If I helped Wang Yichen that bastard get out of his trap, I'd have a hard time explaining things to Anna Sis…"
Upon hearing this, Yexin's face slightly changed. She glanced at Shen Anna and cautiously asked, "You knew about this?"
Shen Anna nodded. "You pretended to be sick to trick me into staying at home for two days—aside from that scoundrel, I can't think of any other reason."
Yexin felt a bit embarrassed, and also ashamed for having ignored Shen Anna's feelings while chasing profit. "Anna, rest assured—we'll definitely take care of that scumbag for you!"
End of Chapter
