Chapter 160: Xingcheng Capital Alliance

Chen Yang, Xiao'e Shares stock hit the limit up, sorry!

It's fine, who doesn't make mistakes in stock trading?

Sigh, I thought it wouldn't go up...

Today Xingcheng Heavy Industry's situation is very good; Xiao'e Shares, as a same-concept stock, will definitely profit along with it. The same logic: if Xingcheng Heavy Industry continues to fall today, Xiao'e Shares will also fall. Put simply, the stock market's movement is the result of capital competition. Yesterday there was no bullish capital to take over, so the stock fell. Today we have boosted the momentum of bullish capital, so the stock naturally rose.

I think I understand.

Chen Yang waited for Su Mingyue to hang up, then thought to himself: 'You won't understand.'

The stock market, especially the domestic one, if it were that easy to figure out, there would be no suckers in the world.

However, after this incident, he felt it necessary to unite Xingcheng's big capital. Individual strength is truly too small. He and Su Mingyue invested 130 million today, and they almost got trapped.

Of course, Chen Yang only dared to take the risk because he knew Xingcheng Heavy Industry's bottom line. If it were Xiao'e Shares being deliberately suppressed, he wouldn't even give it a second glance.

Meanwhile, Dongjiang Securities was also lively. After Yexin finished her call with Chen Yang, Zhuo Wenyuan decisively issued a buy instruction. They ultimately bought four million shares of Xingcheng Heavy Industry at 18.5 each. Adding the two million shares originally bought at 20.15, the total cost came down to 19.05.

Xingcheng Heavy Industry's stock price has already been pushed up to 20.35. If they sell all their holdings at that price after next Monday's opening, they would still profit 7.8 million, exactly making up for the loss on the Yuncheng Bio stock.

But another problem arose. With so much capital entering, should they withdraw? And if so, when?

Zhuo Wenyuan, after suffering blows the past two days, is now a bit cautious. 'I suggest we first sell off the two million shares of Xingcheng Heavy Industry we built a position in today. Tomorrow, depending on the situation, we can sell the remaining shares.'

Huang Bai Ming wasn't very happy. He told Zhuo Wenyuan, 'Zhuo Zong, you're being too cautious. They've directly placed a two-million-share limit order there, practically begging you to give them money! Today's incoming funds total ten billion; I estimate there will still be at least one limit-up board.'

Zhuo Wenyuan still insisted on his opinion. He said, 'The more funds entering, the more complicated the situation. We don't need to wade into muddy water!'

Huang Bai Ming looked at Zhuo Wenyuan with a hint of disappointment, saying, 'Zhuo Zong, what's wrong with you lately? You advance when you should be cautious, and you're timid as a mouse when you should charge forward. We've been friends and collaborators for years; if something is bothering you, you can speak up.'

'I'm fine, thanks for the concern!' Zhuo Wenyuan shook his head; he definitely wouldn't tell the other party that his recent confusion was due to jealousy of Chen Yang. Otherwise his image in front of everyone would completely collapse.

At this moment, Yexin said, 'Why don't I give Chen Yang a call to communicate? After all, his cost is lower than ours. If he's willing to let us go first, we can push the stock up another day.'

'Will he agree?' Zhuo Wenyuan thought Yexin was being too naive. Given his understanding of Chen Yang, the other party will definitely take the lead in fleeing after Monday's opening. After all, with their low cost, even if they sell at the limit down they'd still have a ten-point profit.

'Let's give it a try!' Yexin actually didn't have much confidence either. If Chen Yang really planned to flee on Monday, doing this would harm his interests. It really does seem a bit shameless.

Yexin dialed Chen Yang's phone.

'Chen Yang, let's discuss something: can you let us sell first on Monday? Our cost is a bit high.'

'Sure!' Chen Yang replied cheerfully. 'Anyway, I'm also prepared to stay a few more days.'

Yexin didn't expect Chen Yang had no intention of fleeing early; she curiously asked, 'How high do you think it can go this time?'

Chen Yang said, 'I don't know. Anyway, my cost is low; even if the situation turns bad later, at most I'd earn a little less.'

Yexin was speechless. Actually, during the bidding, they had also planned to buy. But the four of them had differing opinions. She and Huang Bai Ming supported buying, while Zhuo Wenyuan and Zhao Feiyang opposed it. Their hesitation let Chen Yang snap it up first.

So, today not only Huang Bai Ming felt disappointed with Zhuo Wenyuan, but she did as well.

At this moment, Chen Yang said again, 'Elder sister Yexin, are you interested in uniting Xingcheng's big capital? Let's form an alliance!'

Yexin's heart stirred; she, Zhuo Wenyuan, Huang Bai Ming, and Zhao Feiyang originally formed a small-capital alliance. If Chen Yang and the other Xingcheng capital joined, this force would become terrifying—enough to easily decide a stock's life or death.

'You little brat, how many people do you have on your side?'

Chen Yang honestly replied, 'It's just me and Manager Liu on my side.'

Yexin didn't believe him: 'Today the funds entering Xingcheng Securities total four billion; how could I not know how much financial power you two have?'

Chen Yang thought for a moment, then said, 'The head of Xingcheng Securities, Qi Zong, also called me; I guess it's his people.'

Yexin didn't question this this time. After all, Chen Yang and Liu Shijie are major clients of Xingcheng Securities; without harming their own interests, they would surely contribute.

'Then you contact Qi Zong and see if he's willing to join the alliance.'

'Elder sister Yexin, you have the most face in Xingcheng; why don't you take the lead?' Chen Yang, although he knew he could certainly get Qi Yunxiang to act, is someone who dislikes trouble. He didn't want to take on too much burden because of this.

'Alright, then I'll contact him.' Yexin had already dealt with Qi Yunxiang over the matter of Wang Yichen before. Since Chen Yang didn't want to step forward, she didn't press him. After thinking, she also told Chen Yang, 'If you're free this weekend, come to Xingcheng? Since we're forming an alliance, we all need to meet and discuss the cooperation terms.'

Chen Yang had charity work planned for the weekend, so he definitely wouldn't have time. He told her, 'I'm going to the countryside tomorrow to volunteer. This plan was set last week; the city's leaders also need to go, so I probably can't make it.'

Yexin also frequents the 'Qingwang' forum, so she knew about this. After thinking, she suggested as a fallback: 'If you can't come, then let Liu Shijie come over.'

Chen Yang knew Liu Shijie was currently most afraid of returning to Xingcheng due to family matters, so he immediately helped him decline Yexin's invitation: 'Elder sister Yexin, Manager Liu is so busy he doesn't even have time to sleep; he definitely can't come. His stocks are being managed by my classmates.'

Yexin was speechless. Chen Yang proposed the alliance, yet neither he nor Liu Shijie showed up. If everyone acted like this, how could the alliance ever be formed?

'Then you at least need to send a representative over.'

'You can look for Anna Sis! She is my overall representative in Xingcheng; aside from marriage, childbearing, and doing certain indescribable things, she can make decisions for me on everything else.'

……