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Chapter 178: Zhuo Wenyuan Being Toyed With

~7 min read 1,277 words

Zhuo Wenyuan directed Yexin and others to successfully sell off all their Xingcheng Heavy Industry stocks; after tallying, they found they had made only 20 million.

They invested a total of 400 million, spent over two weeks, and ended up with only a 5-point return. This result left Zhuo Wenyuan feeling a bit embarrassed.

Chen Yang, having invested only 100 million, earned over 34 million, a return rate of 34%.

In a short time, he made even more money.

Compared like that, how could Yexin and the others not be disappointed?

What's more embarrassing for Zhuo Wenyuan is that shortly after they sold their stocks, the price quickly rebounded, hitting a ground-to-sky board.

Zhuo Wenyuan is all too familiar with ground-to-sky boards; they used to pull this trick often lately. But it was always them surprising others. Today the tables have turned!

When Xingcheng Heavy Industry's stock price finally settled at 23.51, Zhuo Wenyuan felt a faint pain in his face.

After checking the transaction details, his face darkened further. He picked up his phone and quickly made a call.

"Qi Zong, your company is being utterly unscrupulous. We agreed to advance and retreat together, yet we're offloading while you lurk in the shadows, secretly buying the dip. How could you do that?"

"Zhuo Zong, I'm completely innocent! Our shares were sold today as well. I saw Chen Zong scoop up one million shares at noon, then I followed. Besides, it's not just me buying—everyone is buying. I thought you all were buying back too..."

Zhuo Wenyuan had intended to pin his decision blunder on Qi Yunxiang, so he deliberately put the call on speaker for Yexin, Huang BaiMing, and Zhao Feiyang to hear. Qi Yunxiang's explanation only made him more embarrassed.

"Qi Zong, you're not joking, are you? Chen Zong isn't trading Little Goose shares—how would he have time to buy the dip?"

"He's my client—how could I not know? Besides, Chen Zong is truly impressive. Yesterday I bought YunCheng Bio with him, and YunCheng Bio is now at two limits. Today I bought Xingcheng Heavy Industry with him, and it's a ground-to-sky board. What a great ally—yet you drove him away. Sigh..."

Zhuo Wenyuan hastily hung up. He suddenly felt an oppressive heaviness in his chest, as if a thousand-jin boulder were pressing down, making breathing extremely difficult and painful.

Chen Yang, damn Chen Yang!

Why does he always stab him in the back at crucial moments!

"Zhuo Zong, forget it—at least we each still made five million." Zhao Feiyang, though he too disliked Zhuo Wenyuan's maneuver, offered a word of comfort out of past camaraderie.

Zhuo Wenyuan gave Zhao Feiyang a grateful glance, his mind racing; after a quick turn, he decided to give it another shot. "Yexin Zong, I'm sorry—this is again my mistake. Please give me one last chance."

Yexin sighed. After her call with Chen Yang yesterday, she had already decided. With the stocks sold, she now has even less burden. She told Zhuo Wenyuan, "I want to take a break; lately, because of the stocks, I haven't slept well. You guys go have fun!"

Huang BaiMing, seeing Yexin's stance, also said: "Zhuo Zong, I'm also a bit tired; I'm planning to head south for a few days to relax. Let's shelve the stock matter for now!"

Having said that, Huang BaiMing rose and left Dongjiang Securities.

Seeing him go, Yexin also left.

Zhuo Wenyuan's face instantly darkened; he hadn't expected Yexin and Huang BaiMing to leave so decisively, with no regard for past ties.

"Zhao Zong, you aren't also planning to take a break, are you?"

"Cough... Not hiding it from Zhuo Zong, I really have been exhausted lately, constantly insomnia. The doctor told me to rest more and not be bothered by worldly affairs."

Zhuo Wenyuan snorted inwardly, thinking, "Zhao Feiyang, you're not seeing a doctor—you're seeing a master, right?"

If you're leaving, then all of you leave—one by one, with all these excuses!

After Zhao Feiyang also left, Zhuo Wenyuan finally couldn't hold back and exploded. He smashed his office computer to the floor, shattering it, startling the outside staff reviewing the market.

"You white-eyed wolves, bastards! Over these years I've painstakingly helped you earn so much money—no merit, but hard work. Just because I made a small mistake, you cast me aside! You think Chen Yang is a god? Just wait—you'll have a day of regret!"

Zhuo Wenyuan stayed in the office overnight, making several calls.

The next day after the market opened, he directly ordered his subordinates to place a buy order for two million shares of Xingcheng Heavy Industry at the limit-down price of 21.16.

Because he had already had negative news about Xingcheng Heavy Industry released. Once the news spreads, shareholders will surely be unable to sit still and start dumping heavily.

Zhuo Wenyuan does this to suppress Xingcheng Heavy Industry's stock price, so Chen Yang can't take the chance to sell off.

Second, to secure some capital for re-entry. With enough capital, he can engage in a war of attrition with Chen Yang.

You want to make quick money, huh? I'll just drag it out with you—see who can last longer.

Of course, Zhuo Wenyuan merely wants to disgust Chen Yang, so Yexin and the others won't blindly trust Chen Yang's halo. If he really wanted to go all out, he still lacks the guts.

After all, Zhuo Wenyuan isn't even sure whether Chen Yang is actually a Chen family relative.

Just as Zhuo Wenyuan thought his plot was about to succeed, someone suddenly placed a buy order for 10,000 lots at 23.51—an actual order placed after 9:20.

This left Zhuo Wenyuan a bit dazed. He checked several popular stock forums; negative news about Xingcheng Heavy Industry was rampant, discussion heated. Many shareholders said they'd sell their shares.

In this situation, what is the purpose of this 10,000-lot buy order?

Zhuo Wenyuan clutched his hair, unable to fathom the other party's intent no matter how hard he thought. In the end, he could only watch as Xingcheng Heavy Industry's stock gapped up three points, rising to 24.22.

Seeing the price still climb, Zhuo Wenyuan gritted his teeth and had his subordinates raise the buy order to 23.52—just one cent above the competitor's.

Since suppressing the price is impossible, he can only acquire shares at the minimal cost.

To disgust Chen Yang, Zhuo Wenyuan must hold onto some capital.

But he quickly realized something was off. The buy order that was only one cent apart saw his company's orders fill rapidly, while the counterpart moved like a crawling turtle, having bought less than 300,000 shares from the competitive bidding to after the market opened.

He then directed his subordinates to place a buy order for one million shares at 23.49—exactly one cent below the counterpart's.

As a result, he again took in one million shares, while the counterpart still moved like a turtle.

Zhuo Wenyuan felt it was eerie, as if a pair of eyes were watching him. Whatever he bought, the counterpart matched exactly, leaving no opening for anyone else.

To verify his guess, he again directed his subordinates to place a buy order for one million shares at 23.51.

He thought, since the counterpart's order time was earlier, this time it surely wouldn't be just his own firm acting as the liquidity provider again, right?

He stared fixedly at the computer screen, then discovered the counterpart had actually withdrawn the order!!!

Zhuo Wenyuan's head suddenly buzzed. A stock-market veteran of over ten years, he was thus easily played like a pawn in someone's palm...

"Damn it, which bastard is playing with me!"

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End of Chapter

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