Chapter 126: Smash Xingcheng Heavy Industry, Then Do Again

When Shen Anna just returned to China, she indeed wished she could stab Wang Yichen. But now she has figured it out: life has more important things besides love, such as friends and career.

Wang Yichen, to her, is merely a memory of the past. She came to East River Securities with Chen Yang purely out of a desire to watch the excitement. So she does not want Yexin to feel guilty toward her over Wang Yichen's matter.

"Yexin, do whatever you want; you don't need to consider my feelings."

"Boss, if you think this stock can make money, go ahead with confidence. For the company's future, I fully support you!"

Yexin was a little surprised by Shen Anna's reaction; this is not like the Shen Anna she knows. But she still hopes Shen Anna can truly move on from that failed relationship.

Chen Yang still insisted on his stance. He said to Zhuo Wenyuan, "I'll just observe for two days! I've been busy with the factory work all weekend, and I haven't had time to study stocks."

Zhuo Wenyuan expressed understanding of Chen Yang's choice. "It's fine; our base position isn't enough either. We at least need to lay out a position for a day before speculating on themes."

At that moment, Huang Bai ming stepped forward to greet Chen Yang. "Hello, I'm Huang Bai ming, owner of the Shuangxi Department Store."

Chen Yang politely shook his hand. "I heard Manager Huang looks down on my small company and even wants to poach my corner?"

Huang Bai ming gave an embarrassed laugh. "I was just joking, Manager Chen, don't take it to heart."

Chen Yang said, "Manager Huang, what you said is also true. Our company has just started; its scale indeed cannot compare with Shuangxi Supermarket. But I am confident we can surpass you within a year."

Huang Bai ming didn't believe it. His family had operated for decades to push the supermarket's market value to over five hundred million. Chen Yang's new company had only invested a few tens of million, yet he wanted to surpass them in a year—that's too arrogant. "Manager Chen, I might not be as good as you at stock trading. Running a business isn't solved just by throwing money at it."

Chen Yang laughed. "How about we make a bet?"

Huang Bai ming asked, "What are we betting on?"

Chen Yang hadn't decided on the stake yet when Yexin suddenly interjected, "He likes to bet with people on imitating dog barks."

Chen Yang and Huang Bai ming both became embarrassed. Shen Anna, Zhuo Wenyuan, and Zhao Feiyang all burst out laughing.

Chen Yang thought for a moment. Although Huang Bai ming was a bit arrogant, after all he was Yexin's friend and they might cooperate later. So he said, "How about we bet on a meal? The loser treats, and everyone votes on what to eat."

Huang Bai ming said there was no problem. He confidently told Chen Yang, "Manager Chen, just wait to treat everyone to a meal!"

Chen Yang laughed. "Manager Huang, that line should be coming from me."

At that moment, Zhuo Wenyuan said, "You two stop arguing. I've already reserved a table at the Gathering Immortals Pavilion; the market is about to close, so let's go there first. We can eat and chat."

Chen Yang hadn't expected Zhuo Wenyuan to have already arranged the meal; he hurriedly said, "Manager Zhuo, let me treat today's meal! Consider it my apology for prematurely unloading goods today."

Upon hearing that, Yexin couldn't help but snort again, bluntly saying, "Since you're treating, we'll have to grab the most expensive dishes later. If you don't make yourself bleed a bit, I can't quell the hatred in my heart."

Chen Yang laughed. "No problem, go ahead and eat freely."

Seeing Chen Yang insist on treating, Zhuo Wenyuan did not refuse. After all, he was just a senior employee; the stock earnings the company made only gave him a small share of dividends. Meanwhile, Chen Yang had casually made over ten million in the past few days. There's truly no comparison between them.

The Gathering Immortals Pavilion is right next to East River Securities; a few minutes' walk got them there.

After ordering dishes, Huang Bai ming again began discussing New Flying Technology's stock with everyone.

"This morning was a bit weird; Xingcheng Securities didn't trade New Flying Technology stock at all. Did we misjudge?"

Zhuo Wenyuan said, "Don't rush; Mr. Wang might still be waiting for the right moment. We pushed the price up to twenty-nine yuan this morning, so he'll surely wait for the stock to fall before replenishing."

"It's tough!" Huang Bai ming sighed. "After eleven, trading volume drops. I guess retail investors are also watching and waiting."

Zhuo Wenyuan looked at Chen Yang and asked, "Manager Chen, what do you think Mr. Wang will do?"

"I'm not his gut worm." Chen Yang shook his head, calculated in his mind, then said: "Wang Yichen's purchase price is thirty-two yuan. If New Flying Technology hits the limit up today, the stock would reach thirty-one point three six yuan. If he decides to cut his losses, he wouldn't actually lose much."

Zhuo Wenyuan slightly frowned; it seemed they had acted a bit too hastily. If they waited another day for New Flying Technology's stock to fall, Wang Yichen would definitely not be as calm as he is now.

Yexin asked Chen Yang, "Do you have any good ideas?"

Chen Yang said, "Let's give him a surprise; this afternoon we'll directly smash Xingcheng Heavy Industry. If both stocks he holds end up losing money, he definitely won't be able to stay put."

Yexin hesitated a bit, turned her head to ask Zhuo Wenyuan sitting beside her, "What do you think?"

Zhuo Wenyuan also agreed with Chen Yang's view, saying, "Xingcheng Heavy Industry is already at a high level, with no major themes to hype; selling it off is fine."

Yexin asked again, "How to sell? How much?"

Zhuo Wenyuan thought for a while, then said, "Each of us will first sell half. If Wang Yichen's side makes a move, we'll keep smashing!"

After finishing, Zhuo Wenyuan asked Chen Yang, "Manager Chen, will you bottom-fish?"

Chen Yang shook his head and laid his cards bare: "Above eighteen yuan, I'm temporarily not considering bottom-fishing."

Seeing Chen Yang had revealed his bottom line, Zhuo Wenyuan immediately had an idea. After finishing the meal, everyone promptly returned to the Major Client Room to begin operations.

Xingcheng Heavy Industry's stock plummeted from the limit-up price of twenty-four point four two yuan straight down to twenty-two yuan.

Zhuo Wenyuan told everyone to pause first. However, Xingcheng Heavy Industry's stock kept falling, with many institutions and retail investors following suit in selling. In just ten minutes, the stock dropped again to nineteen point nine eight yuan—it hit the limit down directly.

Zhuo Wenyuan hurriedly called for everyone to place low-price buy orders; after buying two million shares, Xingcheng Heavy Industry's stock rebounded to twenty-two yuan.

Then everyone continued waiting for market changes—selling when it rose, buying when it fell. Before the close, they successfully sold ten million shares of Xingcheng Heavy Industry at an average price of twenty-three yuan, and simultaneously bought back five million shares at an average of twenty yuan.

Meanwhile, Xingcheng Heavy Industry's stock ultimately closed at twenty-one yuan,

Chen Yang glanced at Xingcheng Heavy Industry's trading situation and discovered that Xingcheng Securities had also bottom-fished five million shares.

As for New Flying Technology, due to lack of major buyers, some restless retail investors began dumping, causing the price to fall straight from twenty-nine yuan to twenty-five point six six yuan.

Meanwhile, Xingcheng Securities only replenished a position of one million shares.

At that moment, Chen Yang's phone rang; it was Su Mingyue calling. "Chen Yang, I bought one million shares of Xingcheng Heavy Industry for you at an average of twenty yuan, and one million shares of New Flying Technology at an average of twenty-five point eight yuan. I also bought five hundred thousand shares of Xingcheng Heavy Industry for Manager Liu at twenty yuan."

Chen Yang silently hung up the phone, inwardly giving Su Mingyue a thumbs-up.