Chapter 173: Conditions for Exchanging Advertising Resources
Chen Yang transferred another twenty million from his personal account to the Old Hundreds Agricultural Products Trading Company, specifically for advertising expenses.
Shen Anna went to Yexin's place and brought back quite a harvest. Besides securing four ad slots on Dongjiang TV, Dongjiang Economic TV, Xingcheng Life Channel, and Xingcheng Finance Channel, she also obtained ad slots on two popular routes from Xingcheng Public Transport Corporation.
With these ad slots added, the upcoming publicity and promotion work will surely be like adding wings to a tiger, achieving twice the result with half the effort!
However, these advertising resources come with conditions. Shen Anna gave Chen Yang three stock accounts and three stock agency agreements, containing a total of one hundred million yuan in funds. As long as Chen Yang can make these three accounts profit more than twenty percent annually, the advertising resources will remain open long-term to the Old Hundreds Agricultural Products Trading Company.
Chen Yang looked at the three accounts: one surnamed Ye, one Chen, one Ma; he didn't recognize any of the names. He guessed they were all family accounts. Among the three, the Ye-surnamed account had the most funds, sixty million, while the other two each had twenty million.
As for whether the funds' origins were legal or not, Chen Yang couldn't be bothered to worry. Given Yexin's abilities in Dongjiang Province, it wasn't an issue.
And Chen Yang only needed to seize a good opportunity; two trading days would be enough to complete the task.
Before the market opened on Monday of the third week of September, Chen Yang observed the trends of several stocks he frequently traded.
Xingcheng Heavy Industry had undergone a round of brutal sell-off, and its stock price had fallen to twenty yuan three jiao five. Since it hadn't yet dropped below the ten-day line, Chen Yang temporarily had no intention of intervening.
After Yun Cheng Bio was washed out by capital, it has been continuously declining recently, with its stock price falling to sixteen yuan two jiao. This stock now presents an opportunity to enter.
After Xinfei Technology was jointly smashed by Chen Yang and Qi Yunxiang, its streak of limit-up days was broken, and the stock began a continuous pullback, now down to twenty-two yuan five jiao. This price level is neither high nor low, offering no significance for entry.
What surprised Chen Yang was the Xiaoe stock. When Xingcheng Heavy Industry rose, it only rose fifteen points along with it. But after Xingcheng Heavy Industry was wildly smashed, it plummeted along with it, even breaking below the sixty-day line. Its stock price is now only twelve yuan seven jiao. In the absence of any major negative news, this phenomenon is somewhat absurd.
Chen Yang decided to focus on monitoring the auction situation of Xiaopeng stock. If the capital inside continues to suppress the price, he will operate Yexin's three accounts to enter directly. If not, he will first wait and observe for a while.
Chen Yang divided the work with Su Mingyue, having her monitor Yun Cheng Bio's situation and enter if a suitable opportunity arose, while he himself focused on monitoring the Xiaoe stock.
After the collective auction began, Chen Yang kept his eyes on the computer screen's auction orders. At first, they were only small-volume sell and buy orders. By 9:19, a large order of ten thousand hands suddenly appeared in the sell column, priced at twelve yuan.
Was this preparing to continue suppressing the price to accumulate shares?
Chen Yang didn't hesitate and directly placed a buy order for ten thousand hands of equal size. At this moment, the counterparty could not withdraw the order, and the transaction was guaranteed to be completed.
Chen Yang's move obviously frightened the counterparty. By 9:25, no new sell orders appeared. Moreover, due to Chen Yang's intervention, the buying market's sentiment surged instantly, and many retail investors began to follow and buy in. The stock opened high directly, rising three percentage points, with the price climbing to thirteen yuan zero point eight fen.
Chen Yang had no interest in the retail investors' shares, and he continued waiting for the capital that had just smashed the board to make a new response.
However, there was still no response from that side, and Chen Yang's phone rang again—it was Qi Yunxiang, this sticky candy, calling.
"President Chen, has there been any new positive news for Yun Cheng Bio's stock?"
"No, why would you ask that?"
"President Chen, don't joke. I saw that your two accounts each bought one million shares; how could there be no positive news?"
"Director Qi, if Yun Cheng Bio had positive news, wouldn't your securities company's information source be faster? Besides, I'm in a meeting at the company; where would I have time to look at stock information!"
"Really? Could it be Xiao Su operating?"
"If there really was an operation, I'd guess it was her. This woman just can't sit still; after resting a few days, she's started causing trouble again. Does your company still need people? Or else let her go back to wreak havoc… oh, sorry! I meant let her go back to serve you!"
"President Chen, you really know how to joke. Our little temple can't accommodate a great bodhisattva like Xiao Su. Go ahead and be busy; I won't disturb you any further."
After Qi Yunxiang's call ended, Chen Yang was kicked by Su Mingyue. She glared at him angrily and coquettishly said, "Who are you calling a troublemaker?"
Chen Yang hadn't expected Su Mingyue to also get angry; he quickly apologized with a smile, saying, "I wasn't exaggerating when I told Qi Yunxiang—given his personality, he'd definitely come in and stir things up. We can't afford to fall out with money, can we?"
Su Mingyue nodded in deep agreement, then continued staring at the computer screen waiting for a new buying opportunity.
Meanwhile, Chen Yang waited a full hour before receiving the latest response from the short-side capital.
The counterparty was indeed a tough player, directly placing a sell order of twenty thousand hands at thirteen yuan. As soon as that order appeared, the buying market fell silent, while the selling market entered a frenzy of offloading goods.
Chen Yang waited five minutes; seeing no one willing to take over, he directly placed three buy orders of ten thousand hands each at thirteen yuan. He not only absorbed the short-side capital's order but also picked up many retail investors' shares. His total holdings instantly reached four million shares, with a total investment of fifty-one million yuan.
At that moment, the stock began a straight rise, climbing from thirteen yuan to thirteen yuan nine jiao seven fen, hitting the limit-up directly.
Chen Yang had no intention of sealing the board. Placing a seal order now, if the short side continued to dump goods, his cost would rise—rather uneconomical.
Therefore, only if the counterparty continued to smash the board would Chen Yang consider adding to his position. He needed to ensure that, before market close, the Xiaoe stock could maintain its limit-up status.
After Chen Yang's operation paused, Su Mingyue's side became busy again. She had previously taken in two million shares of Yun Cheng Bio at an average price of sixteen yuan. When Chen Yang was operating the Xiaoe stock, she bought another two million shares at an average price of sixteen yuan five jiao. Then she started cursing.
"Which bastard is competing with me for shares? Hanging the price so high—have you never seen money before!"
Chen Yang glanced at Yun Cheng Bio's stock dynamics and saw that someone had placed a buy order for two million shares at seventeen yuan five jiao in the buying market. The limit-up price was only seventeen yuan eight jiao two fen; he had placed seventeen yuan five jiao, so Su Mingyue truly couldn't compete.
"Alright, stop cursing." Chen Yang consoled Su Mingyue: "We already have four million shares—more than enough to eat. As a person, one should be content."
Su Mingyue sighed, said nothing more aloud, but felt ill at heart. She had waited nearly half a month for this entry opportunity, only to be disrupted by a halfway-emerging Cheng Yaojin!
"Chen Yang, it's definitely that bastard Qi Yunxiang who did it—go call and curse him to death!"
"Your perspective is a bit narrow!" Chen Yang frowned slightly and earnestly reminded Su Mingyue: "In the stock market, if we can have reliable capital helping us lift the price together, security will be greater. Qi Yunxiang has never done anything harmful to our interests. Theoretically, he is our ally, not our enemy. We should welcome his participation."
"Well, then I won't scold him!" Su Mingyue trusts Chen Yang completely; since Chen Yang doesn't mind Qi Yunxiang's meddling, she can only accept.
End of Chapter
