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Chapter 151: Total Assets Rise Again

~7 min read 1,227 words

Zhuo Wenyuan is much like Huang Bai ming, his thoughts are all on this stock Xinfei Technology, and he hasn't done any preparation work.

However, he is after all the CEO of East River Securities; just checking internal data a bit gave him the answer.

Buy Xingcheng Heavy Industry! This stock's trading volume is quite active today, and we're familiar with it.

Huang Bai ming glanced at Xingcheng Heavy Industry's trading data and furrowed his brows. "The biggest inflows and outflows of this stock today are from Xingcheng Securities. Are they people pushing up the price to dump? If we go in, we won't end up being the bag holder, right?"

"Xingcheng Securities?" Zhao Feiyang also seemed to realize, saying: "Could it be that Chairman Chen is manipulating it?"

Zhuo Wenyuan glanced at Yexin; she understood his thoughts, shook her head and refused: "I won't make this kind of call again. Even if Chen Yang is manipulating it, there's nothing wrong with that. Now they've entered first, we're just going to stir things up."

Seeing Yexin's stance no longer on his side, Zhuo Wenyuan felt a bit disappointed. After thinking, he said: "Xingcheng Heavy Industry hasn't reached its historical high; even if Chairman Chen is dumping shares, we can still hype it a bit."

Yexin is content as long as she makes money. She told Zhuo Wenyuan: "If you think it's appropriate, let's buy."

Zhuo Wenyuan immediately directed his staff to start buying large amounts of Xingcheng Heavy Industry stock. In just five minutes, the stock rose from 19.5 to 20.35, hitting the limit up again!

Zhuo Wenyuan checked the transaction records; they had bought less than 500,000 shares in total. It seems everyone has strong confidence in Xingcheng Heavy Industry.

"With only this little volume, we won't make much money..." Huang Bai ming, used to eating big fish and meat, suddenly only having vegetable buns, felt quite unaccustomed.

Zhuo Wenyuan comforted him: "Don't rush; usually the big move happens only in the ten minutes before market close. Let's first place some low-price orders to lure them."

Huang Bai ming slightly nodded, indicating agreement with Zhuo Wenyuan's proposal, and promptly followed his instructions, quickly placing a batch of buy orders priced around 19.5.

After completing the operation, a few people sat quietly in front of the computers in the East River Securities VIP Room, eyes fixed on the screen, eagerly hoping that those retail investors with insufficient resolve would be unable to hold back and would dump their holdings.

However, time passed second by second; they waited left and right, yet never saw anyone take the bait. Huang Bai ming's originally steady mindset gradually turned restless, his buttocks feeling as if pricked by needles, constantly shifting in his chair. Eventually he could no longer bear this long, boring wait, and couldn't help but say to Zhuo Wenyuan:

"Zhuo Zong, why don't we pick a few other stocks to operate? Just dry waiting like this is really torture!"

Upon hearing that, Zhuo Wenyuan lightly shook his head and calmly analyzed: "Although our funds are currently ample, it's still better not to diversify into multiple stocks. After all, the stock market is unpredictable; unexpected situations could arise at any time. If we don't keep some reserve funds, should something unexpected happen, we might lack the ability to rescue ourselves."

Hearing Zhuo Wenyuan's words, Huang Bai ming, although still somewhat unwilling inside, also understood that his point made sense. He sighed helplessly and replied: "Well then… I just don't know how long we'll have to wait like this, foolishly guarding the stump for a rabbit."

Zhuo Wenyuan gave no further reply, but glanced at Xinfei Technology and saw it was still limit up. Someone had placed a large number of limit-up buy orders, yet no one was willing to sell.

Time just trickled by like that. With difficulty, they waited until 2:50, and everyone began to energize, preparing to buy.

Sure enough, a large number of limit-up sell orders suddenly appeared on Xingcheng Heavy Industry's stock trading column.

Huang Bai ming looked at Zhuo Wenyuan and asked: "Take it or not?"

Zhuo Wenyuan hesitated a moment; the other side directly placed limit-up sell orders, surely not optimistic about a high open tomorrow, or perhaps they'd already made enough and were preparing to dump. At this point, if they took it, they'd easily become the bag holder.

But if they didn't take it, their own chips would be too few, and it would be inconvenient for tomorrow's operations. Seeing time fly by, he made a decisive decision.

"Take it!"

Yexin, Huang Bai ming, and Zhao Feiyang almost simultaneously tapped their keyboards to place buy orders, successfully taking in 1.5 million shares of Xingcheng Heavy Industry at 20.35 before market close. Adding the earlier 500,000 shares bought at 19.5, the total average cost is 20.14.

After market close, Zhuo Wenyuan checked the status of the three stocks he'd been focusing on. Xingcheng Heavy Industry's closing price was 20.35, Xinfei Technology's was 16.68, and Yuncheng Bio's was 23.5.

Of the three stocks, Xingcheng Heavy Industry and Yuncheng Bio are at high levels, suitable only for short-term plays. The only one suitable for long-term plays, Xinfei Technology, they couldn't buy into.

So, although they made a little profit today, nobody felt very happy.

Meanwhile, after Chen Yang sold off his remaining one million shares of Xingcheng Heavy Industry, his funds rose to 120,035,000.

Including the already limit-up Xinfei Technology, total funds reached 170,039,000.

This result made Chen Yang very satisfied.

After market close, Chen Yang also observed the fund flows of Xingcheng Heavy Industry and Yuncheng Bio, discovering the shadow of East River Securities in both. Thus he decided to temporarily stop monitoring these two stocks.

He called Liu Shijie.

"Brother Jie, the good news about Xinfei Technology leaked early. Your dream of getting rich in the stock market is probably shattered."

Liu Shijie's mindset was actually quite calm. "No problem, Su Mingyue already told me. I just checked the market, and the Xingcheng Heavy Industry you picked is also limit up."

Chen Yang said: "It's limit up, but there's also other big money entering the market, so only short-term plays are possible, and returns may be unstable."

Liu Shijie said: "As long as there's profit, it's fine. Later I'll figure out how to transfer 20 million to Qingqing's account. The larger the amount, the higher the profit."

Chen Yang guessed Liu Shijie wanted to transfer some assets ahead of time, and didn't say anything else. After all, in his previous life the other party had been married twice.

After hanging up Liu Shijie's call, Yexin's phone rang again.

"You little punk, have you sold all your Xingcheng Heavy Industry shares?"

Chen Yang didn't answer, but tentatively asked her: "Was it Zhuo Wenyuan who had you ask?"

"No." Yexin frankly said: "We bought Xingcheng Heavy Industry today. If you've sold all your shares, it's best you stay out for these few days, to avoid friendly fire."

"Fine." Chen Yang also didn't want to collide with them, and immediately said: "Tomorrow I might still sell a bit, then shift positions."

Yexin curiously asked: "Which stock have you taken a fancy to again?"

"Confidential!" Chen Yang actually hasn't set a new target yet; he's just pretending to be mysterious so Zhuo Wenyuan wastes some brain cells.

◈

End of Chapter

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