Chapter 150: News leaked early, failed to add to position
Chen Yang called Zhou Zhengyang, asking him to find a few genuinely poor rural primary schools in Panlong Town, tally the needed supplies, and then send him a list.
The charity budget of the Old Hundreds Agricultural Products Trading Company is 500,000; if donated directly to the relevant departments, after layer upon layer of deductions, the students would likely not even see a shadow of an exercise book.
To do good deeds at the lowest cost, one must handle things personally. Chen Yang planned to directly order desks, chairs, and benches from a furniture factory in Qingshui City, then rent a large truck to deliver them; books would also be purchased directly from the Xinhua Bookstore in the city; as for daily necessities, snacks, candies, etc., they could be bought at the wholesale market in Xingcheng.
Zhou Zhengyang selected five relatively poor villages. He suggested to Chen Yang: "Chen Zong, there are many capable carpenters in town; could we outsource the desk and chair project to them, with you only providing materials and labor costs?"
Chen Yang accepted his suggestion. Have the town's carpenters go directly to the schools to work, saving considerably on transportation and moving costs. "Zhou Secretary, could you also check whether the schools' doors and windows need repairs? If so, have them do it together. A bit more budget doesn't matter."
Zhou Zhengyang didn't expect Chen Yang to be so thorough; gratefully he said: "Chen Zong, then I thank you on behalf of the children of Panlong Town!"
Chen Yang humbly said: "No need to thank me; I'm also from Panlong Town, doing something for my hometown is only natural."
Zhou Zhengyang thanked him again a few times, then hung up and got busy.
Chen Yang thought it over, then called Shen Anna, briefly telling her about attending the essay competition award ceremony and doing charity work in Panlong Town.
At the same time, he also assigned responsibilities: let Shen Anna handle the award ceremony and purchasing charity supplies, while he stayed in Qingshui City to deal with the follow‑up work of the charity event.
After arranging everything, Chen Yang prepared to take Lin Wei to a resort to relax for two days. As it turned out, she was again guarding her desk, organizing unfinished materials.
He sighed, having a workaholic wife meant this weekend was destined to be boring and dull.
After barely making it to Monday's market open, a news item reading 'New Flying Technology and the renowned Treasure Island tech company Dongshuo Group have achieved multiple electronic component OEM cooperation' directly pushed New Flying Technology's stock to the limit‑up board again, leaving Chen Yang no chance to add to his position.
"Chen Yang, the market opened and hit the limit‑up immediately—there's no way to buy in!" Su Mingyue anxiously called Chen Yang. Her task was to help Liu Shijie increase his position in New Flying Technology. During the bidding, she even wanted to place a buy order at 15.16 to try her luck, but there was no matching sell order at all—not even anyone who placed a higher buy order than hers succeeded.
Chen Yang comforted her: "Don't rush; wait a bit to see if any big capital dumps the market. If so, we'll pick up a little. If not, we'll look at other stocks."
Su Mingyue glanced at Xingcheng Heavy Industry's stock; it opened up only one point, from 18.5 to 18.68. She then asked Chen Yang: "Can we buy some of Xingcheng Heavy Industry?"
Chen Yang said: "Sure, we can buy. I have two million shares in hand. If you push the price up, I can sell some. Later I'll push it back up."
Upon hearing that Chen Yang had a position in Xingcheng Heavy Industry, Su Mingyue immediately placed orders. After buying 500,000 shares, Xingcheng Heavy Industry hit the limit‑up at 20.35.
Seeing the stock price rise, Chen Yang also began placing sell orders. While Su Mingyue waited for the price to drop again, she added another 500,000‑share buy order. In the end, they bought one million shares of Xingcheng Heavy Industry at an average price of 19.
Chen Yang likewise successfully sold one million shares of Xingcheng Heavy Industry at an average price of 20.2, recouping 20,200,000 in funds.
At this point, the stock price fell back to 19.5. Chen Yang wasn't in a hurry to replenish his position; he decided to wait until before the afternoon close to see how the market changed.
Meanwhile, Yun Cheng Bio's stock was again pushed to the limit‑up price of 26.06. Chen Yang hesitated not, directly selling his one million shares at an average price of 26, recouping 26,000,000 in funds.
Chen Yang knew there were still large amounts of funds from Dongjiang Securities inside Yun Cheng Bio, so he didn't plan to bottom‑fish again. After all, this stock had already reached a high level.
After selling Yun Cheng Bio, Chen Yang's personal account already had a cash flow of 100,000,000. Besides, he still held three million shares of New Flying Technology and one million shares of Xingcheng Heavy Industry.
Chen Yang withdrew all the money from the Dongjiang Securities stock account. Since Zhuo Wenyuan wanted to play mind games with him, there was no need to let the other side earn his fees.
Just as Chen Yang withdrew the money, Zhuo Wenyuan from Dongjiang Securities quickly noticed. His face looked awful, but he couldn't say anything to Yexin and the others, since he was in the wrong.
What troubled Zhuo Wenyuan even more was that he only paid attention to New Flying Technology's market movement, failing to notice that Yun Cheng Bio had been dumped again, falling from 26.06 to 25.
"Zhuo Zong, while there's still a little profit, let's dump Yun Cheng Bio first!" Huang Bai Ming watched as more and more retail investors prepared to flee, and he too grew a bit anxious.
Zhuo Wenyuan, however, was hesitant. Selling Yun Cheng Bio now, if no one dumped New Flying Technology, both sides would end up empty‑handed.
If he didn't sell Yun Cheng Bio and the stock price kept being pressed down, he would also be guilty.
After hesitating repeatedly, he ultimately chose to sell.
However, Zhuo Wenyuan also learned from the previous lesson: let everyone sell slowly, wait for the price to drop, then place buy orders to lift it a bit.
After trading for a morning, they finally sold the five million shares of Yun Cheng Bio bought the previous Friday at an average price of 23.5, leaving them with two million new shares still in hand at an average price of 23.
At this point, everyone's focus shifted back to New Flying Technology.
"Damn, I thought we had insider news, but it turns out everyone knows New Flying Technology has positive news." Huang Bai Ming lamented missing a stock about to hit consecutive limit‑ups, and began cursing.
Yexin saw Huang Bai Ming's face full of negativity and couldn't stand it. She reminded him: "Huang Zong, the stock market is inherently unpredictable. If you keep acting like a resentful woman, you won't be able to play anymore."
Huang Bai Ming was a bit afraid of Yexin and immediately shut up. He actually weighed the pros and cons, ultimately concluding that the risk of sticking with Zhuo Wenyuan's group was smaller than going it alone.
So even if he disagreed with Zhuo Wenyuan's judgment, he only grumbled a bit, not daring to truly turn against them.
Zhuo Wenyuan gratefully glanced at Yexin, then explained to Huang Bai Ming: "The current situation of New Flying Technology means that if we enter, we'll face considerable risk. After all, it too has fallen from a high level, with a lot of capital trapped inside. At this point, taking over at a high level could easily end up helping others unwind their positions."
Huang Bai Ming thought for a while and felt there was some sense to it. But having studied New Flying Technology over the weekend, suddenly being unable to buy, he always felt something was missing inside.
"Zhuo Zong, what should we buy next?"
End of Chapter
