Chapter 192: With many friends, the road is easy

"Mr. Ye, you guys are really not righteous, buying stocks without even giving a heads-up." After receiving Yexin's text, Huang BaiMing immediately bought two million shares of Xingcheng Heavy Industry stock. Because he entered the market too late, his cost price reached nineteen and a half. It was over two yuan higher than Chen Yang's purchase price.

"Boss Huang, I told you to slowly accumulate shares. You and that kid Zhao Feiyang don't listen, each dumping a lot of ten-thousand-share orders. How could the cost not be high?" Yexin was also speechless toward Huang BaiMing; even after switching channels, he still couldn't shake the old habit of big ins and outs he learned from Zhuo Wenyuan.

Huang BaiMing sighed, he also knew he was indeed a bit impatient. "Mr. Ye, entering at this price level, I always feel it's a bit dangerous!"

"Then consult Chen Yang and see how to operate tomorrow." Yexin isn't someone who likes studying stocks, nor does he have time to research. Before, he blindly followed Zhuo Wenyuan's purchases; now he blindly follows Chen Yang's. Since Huang BaiMing has questions, just pass them to Chen Yang.

"Then I won't bother you." Huang BaiMing also knew asking Yexin about stocks was useless. He called just to vent. After all, even if he felt uneasy, he couldn't take it out on Chen Yang, this patron. Yexin had known him for many years; they were very familiar with each other's personalities. Even if he said some over-the-top things, it wouldn't hurt their feelings.

Huang BaiMing organized his thoughts, then placed the call to Chen Yang.

"President Chen, how's the promotion of your new sausage brand going? Would you like me to provide a few shelves at my other branches as well?"

"If Boss Huang is willing to help with promotion, I'd certainly be grateful." Chen Yang smiled happily. Huang BaiMing's Shuangxi Supermarket has branches in every prefecture-level city in Dongjiang Province; if he's willing to provide shelves, he could save a lot on advertising costs.

"Then I'll call the branch managers later and have them arrange the spots for you."

"Then thank you, Boss Huang. I'll treat you to a meal when I return to Xingcheng."

"President Chen, it's just a small favor; you're being too polite. The stock matter still requires your attention."

"Oh, Boss Huang also bought Xingcheng Heavy Industry stock?"

"Bought two million shares at an average price of nineteen and a half; I just feel uneasy about it."

Chen Yang immediately understood Huang BaiMing's meaning. He could proactively suggest promoting sausages for the public, but the fundamental purpose was still the stock. Chen Yang wasn't angry about this; only profitable cooperation lasts.

"How about this: when you ship tomorrow, you go first, and I'll stay behind to stabilize the situation."

"This…… isn't appropriate, is it?" Huang BaiMing felt a bit embarrassed. Last time Zhuo Wenyuan's suggestion to have Chen Yang back him up directly offended the other party; he didn't want to repeat Zhuo Wenyuan's mistake.

"It's fine, my cost price is low. As long as you ship steadily, you should be able to withstand the pressure." Chen Yang still had confidence in Xingcheng Heavy Industry's stock trend at this stage.

After all, his cost price was only seventeen point three seven, while the stock price has already risen to twenty point four six. According to current market sentiment, as long as it's not smashed before close, tomorrow will likely open high.

As long as it opens high, there will be ample room for shipments. It just depends on whether Huang BaiMing and the others can seize the opportunity.

"Then thank you, President Chen." After receiving Chen Yang's affirmative reply, Huang BaiMing happily hung up.

Chen Yang soon received another call from Zhao Feiyang, asking a similar question. Upon hearing Chen Yang was willing to back him, Zhao Feiyang was also generous, willing to sell him several vacant storefronts next to the marketing center on Jiangmen Island at half price from Wu's Real Estate.

This was truly a timely help for Chen Yang!

Because everyone living on Jiangmen Island is wealthy, setting up a public livelihood supermarket there would greatly help the company's brand promotion.

To prevent Zhao Feiyang from having a chance to regret it, Chen Yang immediately called Zhao Xiaoli to contact the other party and sign the contract.

Zhao Xiaoli was also efficient; at seven in the evening she called Chen Yang back, saying she bought five storefronts for 1.5 million, with a total area of two hundred square meters.

At this price, Chen Yang thought it was a good deal. Although the appreciation space for shops on Jiangmen Island is limited, the residents are high-consumption groups. Even just operating them would yield considerable income.

"With many friends, the road is easy"—the song really got it right.

To repay Huang BaiMing and Zhao Feiyang for their goodwill, during Wednesday's collective bidding, Chen Yang placed a buy order for ten thousand hands at the limit-up price of 22.51 yuan to lift the bullish market sentiment.

At 9:20, he withdrew the buy order.

Although he immediately pulled down the bullish market sentiment, he also successfully lured a batch of optimistic investors into Xingcheng Heavy Industry stock.

With the support of these buyers, Xingcheng Heavy Industry's stock directly opened high by five points.

At this point, the seller's market began a large volume of shipments. Yexin, Huang BaiMing, and Zhao Feiyang, following Chen Yang's instructions, started placing small sell orders in succession from twenty-one point four eight.

Meanwhile, Chen Yang quietly monitored the trading situation on the computer screen. When the stock price dropped to nineteen, he immediately placed a buy order for one million shares, lifting the bullish sentiment again.

After Yexin and the others sold all their shares, the stock price returned to nineteen.

At this point, Chen Yang had no burden. He prepared to wait for the bullish market's reaction.

After all, Yexin and the others sold a total of six million shares, while he only took over one million. There were still five million or more shares flowing into other capital and retail investors' hands; they certainly wouldn't be willing to let the stock close at nineteen.

Time passed second by second; around 10:30, Xingcheng Heavy Industry's stock finally began to rise. When they lifted it to twenty-one point five, Chen Yang started placing successive sell orders for one million shares.

After the trades were completed, Chen Yang continued waiting for the stock price to rise.

Repeating this operation, only before market close did he sell his four million shares of Xingcheng Heavy Industry stock at an average price of twenty-one.

However, when Chen Yang reviewed the trades, he found that the largest capital taking over Xingcheng Heavy Industry stock came from Dongjiang Securities. He hurriedly called Yexin.

"Sister Xin, you guys entered the market again?"

"No! What's up?"

"Today Dongjiang Securities bought a lot of Xingcheng Heavy Industry stock; I thought you guys felt the profits were too low and sneaked back in……"

"Heh, am I that stupid? To avoid embarrassing Zhuo Wenyuan, I, Huang BaiMing, and Zhao Feiyang opened new accounts at China Securities. Now we're all buying stocks using China Securities accounts."

"Is that what Zhuo Wenyuan bought?"

"Probably! He's currently trading stocks with the two Zhang brothers; knowing you're trading Xingcheng Heavy Industry, he definitely wants to come in and get a piece of the pie."

"I see, then I also thank them for sending money my way to spend!"

Chen Yang laughed happily. With Zhuo Wenyuan entering the market, the one million shares of Xingcheng Heavy Industry stock he still holds will definitely bring in another profit.