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Chapter 129: Large Capital Enters the Market, Empty Positions Withdraw

~7 min read 1,298 words

In the early morning, the sun had just risen, and golden light shone through the thin clouds onto the earth, bathing the whole city in a soft, bright glow.

Chen Yang got up early, finished washing up, then knocked on Liu Qingqing's door and gave her his room key and the contact number of the computer shop owner. After explaining some transaction details, he drove to Dongjiang Securities.

When he entered the VIP room of Dongjiang Securities, he only then noticed that Yexin was absent due to something. She had phoned and entrusted Zhuo Wenyuan to act on her behalf for her stocks. Meanwhile, Huang BaiMing and Zhao Feiyang seemed not to have recovered from yesterday's big win, both unusually excited.

As an old stock trader, Chen Yang could understand their feelings. In the stock market, no matter how much one loses, as long as there is a profit one day, emotions become unusually excited. Moreover, their small team's recent profits clearly outweigh their losses.

Before the market opened, Zhuo Wenyuan first briefed Chen Yang and the other two on today's target tasks.

The first goal was to sell off the remaining five million shares of Xingcheng Heavy Industry while its price was being pushed up. Yesterday, Xingcheng Securities had seen large purchases of Xingcheng Heavy Industry shares, and Zhuo Wenyuan analyzed that Wang Yichen would certainly try to push the price up and dump his shares. Their task was to sell before him.

The second goal was to bottom-fish Xinfei Technology. Zhuo Wenyuan's team currently holds two million shares of Xinfei Technology. As long as Wang Yichen does nothing, they can first place low-price sell orders to push the stock down further, then buy a large amount at low prices.

Chen Yang's goal today was to bottom-fish Xingcheng Heavy Industry after Zhuo Wenyuan's group sold their shares, so he wasn't in a hurry. He even secretly messaged Su Mingyue, telling her not to rush to sell. After all, with Wang Yichen backing them, he could always find a chance to escape; there was no need to collide with Zhuo Wenyuan's team.

During the pre-market auction, Zhuo Wenyuan directly arranged his staff to place large buy orders, pushing Xingcheng Heavy Industry's stock from 21 yuan to 23.1 yuan. Huang BaiMing and Zhao Feiyang then followed with sell orders. After Zhuo Wenyuan saw large follow-up buy orders, he withdrew all his buy orders before 9:20.

Chen Yang thought that once Zhuo Wenyuan withdrew his orders, Xingcheng Heavy Industry's stock would start to fall. Unexpectedly, it only dipped slightly before immediately rebounding. The sell orders Zhuo Wenyuan's team had placed were all taken up, leaving everyone a bit bewildered.

Zhuo Wenyuan thought Xingcheng Heavy Industry must have released major positive news, so he hurriedly called Yexin. But her side did not give a definite reply.

"Chen Yang, with so much capital suddenly entering the market, what would you choose?" Zhuo Wenyuan worried they might miss the sell‑off, so he sought Chen Yang's opinion.

Chen Yang knew the hidden cards; he said without hesitation, "Boss Zhuo, the other side's background is unclear—we should take profits while we can. Missing the sell‑off means only less profit, but if we get trapped, we might even have to give back what we earned before."

Zhuo Wenyuan thought that made sense. Anyway, the original plan was to sell off and then speculate on Xinfei Technology. Since Xingcheng Heavy Industry had a big sucker willing to sell at a high price, it was perfect to go with the flow. So he had Huang BaiMing and Zhao Feiyang keep placing sell orders.

Chen Yang messaged Su Mingyue, telling her to sell Xingcheng Heavy Industry first. He looked at the capital inflow for Xingcheng Heavy Industry and felt there was no chance to bottom‑fish today. Whether it was Wang Yichen's people pumping the stock or some other powerful institution, it no longer mattered.

Based on his experience, he judged that large capital had noticed Xingcheng Heavy Industry's potential and was preparing to come in and harvest a batch of 'greenhorns'.

Chen Yang had no intention of being a 'greenhorn', so he shifted his target to Xinfei Technology.

To his surprise, Xinfei Technology also saw a large influx of capital today. At the opening, it jumped straight from 25.66 to 28.23.

He immediately checked news related to Xinfei Technology and found that the report of Xinfei Technology negotiating cooperation with the Liu Clan Group had already been posted on a financial newspaper in Modu.

"Boss Zhuo, did you guys have someone release this news?"

"No, our draft is still sitting untouched on the computer…" Zhuo Wenyuan walked over to Chen Yang's computer, glanced at the news about Xinfei Technology and the Liu Clan Group, and his face instantly turned grim. "Damn it, the Wang guy actually made the first move?"

Chen Yang had heard from Su Mingyue the day before that Wang Yichen wanted to change his stock advisor. If that were true, perhaps he really could have acted in advance. After all, the Wang guy had placed heavy bets on both Xingcheng Heavy Industry and Xinfei Technology; to lower risk, he would definitely have to abandon one of them.

Xinfei Technology may have a theme to speculate on, but its uncertainty is too great—it could backfire at any moment. Meanwhile, Xingcheng Heavy Industry's capital flow is stable and likely to produce consecutive limit‑up days. If we had to choose one, we would definitely sell Xinfei Technology first.

Chen Yang again messaged Su Mingyue, telling her to sell Xinfei Technology as well. He felt both Xingcheng Heavy Industry and Xinfei Technology were unstable, so he decided to stay out of the market for a few days.

"Chen Yang, what do you think of this Xinfei Technology stock—do we still need to enter the market?" After Zhuo Wenyuan cleared out Xingcheng Heavy Industry, he fell back into indecision.

Their purchase cost for Xinfei Technology was 27.5. Selling now would yield little profit; topping up at a high price would risk getting trapped.

Chen Yang bought Xingcheng Heavy Industry at 20 and sold at 23.1, earning 3,060,800. Xinfei Technology was bought at 25.8 and sold at 28.23, earning 2,400,000. The combined profit from the two stocks is 5,460,800. He felt quite satisfied!

Therefore, Chen Yang's advice to Zhuo Wenyuan was to stand pat for now and sell if tomorrow's situation turns unfavorable.

Zhuo Wenyuan then looked at Huang BaiMing and Zhao Feiyang and asked for their opinions.

But Huang BaiMing and Zhao Feiyang had always followed Zhuo Wenyuan's lead. Since Zhuo Wenyuan couldn't make up his mind, they were even more at a loss.

Huang BaiMing said, "How about we just rest today? Anyway, we've made quite a bit these two days."

Zhuo Wenyuan felt a bit unwilling and cursed at the air: "Damn it, if only I had known to buy a bit more Xinfei Technology at yesterday's close."

Chen Yang laughed, "In this world there aren't that many 'if only I had known' moments—securing the money in hand is the true way."

Zhuo Wenyuan thought that made sense, then asked Chen Yang, "Boss Chen, which stock are you planning to buy next?"

Chen Yang sighed and said, "I only want to trade Xingcheng Heavy Industry short‑term. With so much capital pouring in today, the price definitely won't drop in the short run. Better to stay out of the market and rest for a while!"

"Boss Chen, you're not joking, are you?" Zhuo Wenyuan stared at Chen Yang in astonishment. Less than half an hour after the market opened, over a hundred billion yuan of capital had flooded in, lifting many previously lethargic stocks. Yet Chen Yang actually chose to stay out of the market at this moment.

That's absurd!

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End of Chapter

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