Chapter 156: When Not Making Money, Spending It Feels Especially Painful

Huang Baiming had been following Zhuo Wenyuan in the stock market for many years, and could be considered an experienced veteran stock trader. As for the common stock market phenomenon of technical pullbacks, he naturally understood it well.

In fact, Zhuo Wenyuan, relying on his keen market insight and years of accumulated stock‑trading experience, quickly realized that some capital was deliberately suppressing the stock price in order to force retail investors to dump their shares.

However, the prejudiced Huang Baiming refused to listen to Zhuo Wenyuan's advice, his mind set solely on quickly liquidating his shares for hard cash.

But when the same conclusion came from Chen Yang, Huang Baiming's originally restless heart miraculously calmed down. It was clear that, between Zhuo Wenyuan and Chen Yang, he chose to trust Chen Yang.

This made Zhuo Wenyuan very unhappy, and his resentment toward Chen Yang grew a bit stronger.

However, Huang Baiming didn't think that much; all he wanted was peace of mind. Since it was merely a capital‑washing game, the final outcome would depend on which participant could stay calmer. After all, in this smokeless war, patience and composure are often the decisive factors.

Yexin's mood likewise improved. She had Zhuo Wenyuan keep watching the market while she returned to No Worry Residence to discuss cooperation with Zhao Xiaoli.

As for the issue of raising additional capital, Yexin, Huang Baiming, and Zhao Feiyang each chose to ignore it. Since Zhuo Wenyuan could make a mistake once or twice, a third or fourth mistake was possible; how could they keep taking the risk?

Watching them leave one after another, Zhuo Wenyuan felt extremely depressed. He began to reflect on himself, wondering why he kept making rookie mistakes in the stock market. In the end, it all came down to Chen Yang.

He didn't know when it started, but he began to like comparing himself with Chen Yang, always wanting to beat him in stock trading.

Yet Zhuo Wenyuan racked his brain without understanding. Although he possessed profound and professional financial knowledge, backed by the company's powerful big data, his returns still fell short of Chen Yang's.

Chen Yang seemed to possess an extraordinary, otherworldly ability, like a seer who had opened his heavenly eye. Whenever an opportunity quietly arose, he could swiftly enter the market with lightning speed. When a stock‑market crisis surged like raging waves, he could, thanks to his deep understanding of the situation and unique insight, sense danger in time and withdraw safely at the critical moment. This keen insight and precise judgment gave Zhuo Wenyuan chills.

Is he even human?

Zhuo Wenyuan glanced at New Flying Technology; that stock was also hammered today. Yet, facing the same malicious sell‑off, Chen Yang, who held three million shares, remained calm and composed, as if he had known the outcome in advance.

Moreover, because of the drag from Xingcheng Heavy Industry and Yun City Biological, he missed the chance to enter New Flying Technology.

One misstep, and every step goes wrong.

Zhuo Wenyuan couldn't help but slap himself hard.

He suddenly felt ill, inventing an imaginary enemy out of nowhere. He couldn't win, yet he ruined his own career. If Yexin and the others really withdrew all their investment, his days as CEO would be over.

Thinking of this, Zhuo Wenyuan again convened the company's executives for an emergency meeting to discuss how to minimize this loss.

After all, the side with the biggest chips decides the technical adjustment in the stock market. If our side lacks enough chips, the best course is to retreat safely first and strike back when the timing is right.

After an hour of analysis and discussion, Zhuo Wenyuan made his decision: first place a limit‑down sell order for Yun City Biological's shares, while retaining the shares of Xingcheng Heavy Industry.

Xingcheng Heavy Industry had only recently undergone restructuring and had no major negative news. Even if the big capitals wanted to suppress it, their room to maneuver was limited. Before they entered, the stock had hovered around eighteen yuan; even if they drove it down, a single limit‑up would be enough to break even.

Under these circumstances, lying in wait inside the market gives more initiative than watching from the sidelines.

Meanwhile, Yun City Biological itself was already at a high level, and they had already earned some profit earlier. Retreating now would at most give back those earlier gains.

Therefore, selling Yun City Biological and holding onto Xingcheng Heavy Industry is the best solution to the current predicament.

Zhuo Wenyuan phoned Yexin to report his ideas and plan in detail, and she responded with encouragement and support.

After receiving permission, Zhuo Wenyuan, at the opening of the collective bidding the next day, directly placed all of Yun City Biological's shares at the limit‑down price of twenty yuan two jiao five fen, and successfully sold his two million shares. Considering the cost price of twenty‑three yuan, this transaction incurred a total loss of 5.5 million!

Zhuo Wenyuan felt remorseful. Not competing with Chen Yang for victory would have meant only slightly lower profits; now he had directly caused a loss of several million. If Xingcheng Heavy Industry's decline also exceeded expectations, the figure could be even larger.

Chen Yang, Chen Yang, just what kind of monster are you?

Chen Yang was at home watching TV dramas while keeping an eye on the stock market when he suddenly sneezed. Worried he might have caught a cold, he quickly turned off the air conditioner.

After yesterday's minor hiccup, New Flying Technology continued smoothly. Today it opened at another limit‑up, the price reaching twenty‑two yuan two jiao one fen.

Xingcheng Heavy Industry hit the limit‑down again, its price falling to eighteen yuan one jiao four fen. This price was actually low enough to re‑enter, but after careful thought Chen Yang decided to wait a bit longer.

After all, there is too much big money in there; even Zhuo Wenyuan's side is still lurking, holding back. The big players' game can easily harm the innocent, and he didn't want to become cannon fodder.

Meanwhile, Su Mingyue had studied half a day and then recommended to him a mechanical‑engineering stock, Little Goose Shares. This stock had been stable over the past two months, fluctuating around eighteen yuan, and its funds were quite active.

Chen Yang bought ten thousand shares at the average price of eighteen yuan, just to test the waters. Unexpectedly, Little Goose Shares fell five points due to the influence of Xingcheng Heavy Industry's share price drop, directly losing nine thousand yuan. This amounted to the wages of his uncle Zhao Donghai at the Qingshui City cotton mill for twenty‑two and a half months.

What a huge loss!

All morning, Su Mingyue felt too embarrassed to call Chen Yang.

In the afternoon Chen Yang still had to make a trip to the bank. Song Yajun was already urging him on the promised twenty‑million‑yuan investment for Old Hundred Meat Industry Co., Ltd. Moreover, the cost for the forty‑five mu of industrial land needed for the new factory and cold storage, at forty thousand yuan per mu, amounted to a total expenditure of 1.8 million yuan.

When not making money, spending it feels especially painful.