Chapter 196: Reporting Zhang Jun's Misappropriation of Bank Loans for Stock Trading

After Chen Yang sold his last one million shares of Xingcheng Heavy Industry at a unit price of twenty-two yuan, he bought back three million shares at an average price of nineteen yuan. He still had 183,350,000 yuan of available funds.

Because he didn't want Zhuo Wenyuan to guess that he was the one causing trouble, this time he used the Xingcheng Securities account for his T trading. As soon as he got involved in the trade, the CEO of Xingcheng Securities, Qi Yunxiang, caught wind of it and came over.

After they finished communicating, they both decided to keep Xingcheng Heavy Industry's stock price below twenty yuan. As long as it stayed above that price, they would leave Zhuo Wenyuan out in the cold, putting him and his brother Zhang Jun in a dilemma.

In one morning's operation, Chen Yang bought three million shares at an average price of nineteen yuan, while Qi Yunxiang bought three million shares at an average price of nineteen point five yuan. The six million shares were already enough to make Zhuo Wenyuan uncomfortable.

Since most of Chen Yang's funds were still stuck in the Dongjiang Securities account and couldn't be moved, he had no plan to add to his position. He only reminded Qi Yunxiang that if he wanted to keep adding to his position, he must keep the price below twenty yuan. That way, Zhuo Wenyuan and his brother Zhang Jun would have no confidence to strike back.

The stock market is a contest between people. Chen Yang had already figured out Zhuo Wenyuan and Zhang Jun's details, but the other side knew nothing about his true intentions and strength. This advantage from information asymmetry destined him to enjoy favorable timing, location, and harmony in this fierce confrontation.

Therefore, after the afternoon market opened, Chen Yang did not make any further moves. As short-selling funds continued to flee, Xingcheng Heavy Industry's stock finally closed at twenty yuan.

Chen Yang reviewed the trading situation of Xingcheng Heavy Industry and found that the holdings in the Dongjiang Securities account had not only not decreased, but had increased by over six million shares.

Yexin, Huang BaiMing, and Zhao Feiyang no longer used the Dongjiang Securities account for stock trading; those shares were very likely jointly owned by Zhuo Wenyuan and Zhang Jun.

Zhang Jun only had fifty million yuan in funds; even if he had earned a bit over the past two days, he could buy less than three million shares of Xingcheng Heavy Industry. Yet, to give him cover, Zhuo Wenyuan actually spent nearly two hundred million yuan of the company's money! This seems a bit unreasonable……

Chen Yang recalled that Yexin had once revealed that the reason Zhang Jun and his brother chose to enter the stock market was that Zhang Group was facing a severe cash‑flow shortage. They urgently wanted to make a large sum of money quickly through this means to fill the gap.

Thus, Chen Yang formed a bold guess: surely, after Zhang Jun and his brother had tasted success with Zhuo Wenyuan, their greed was further stimulated and they added more chips. How large was this additional amount? Fifty million, or a hundred million?

No matter how much was added, for Chen Yang it was good news for his revenge.

He first called Zhang Chunhua.

"Secretary Zhang, is Zhang Group short of funds?"

"President Chen, the government has indeed recently tightened policy preferences for Zhang Group. However, given their strength, they shouldn't have financial difficulties, right? They've recently launched several projects in Qingshui City!"

"Secretary Zhang, you need to check this out. I heard from friends in the Xingcheng business circle that they are urgently in need of money, taking bank loans to play the stock market for quick profits."

"President Chen, you're not joking, are you? The bank would certainly not agree to using bank loans for stock trading."

"Then I don't know. I can only tell you that they have invested at least a hundred million yuan in the stock market."

"President Chen, can you be absolutely sure this is true?"

"Eight or nine out of ten, right? If you don't believe me, you can have someone check it out."

"Okay, if it's true, then I owe you another favor."

"Secretary Zhang, I'm just asking you a question—how did it become that you owe me a favor?"

"President Chen, this isn't convenient to discuss with you. Let me first verify it, and I'll treat you to a meal when I have time."

After Zhang Chunhua hung up, Chen Yang then called his old classmate Luo Zhikai at Xingcheng Bank.

"Old Luo, long time no see—do you still remember me?"

"President Chen, what are you saying? Even if I forgot my parents, I could never forget you!"

"Old Luo, saying that, aren't you afraid of coming home to bamboo shoots stir‑fried with meat?"

"Hehe, I definitely couldn't say that to their faces. President Chen, what good thing do you need from me?"

"Nothing much. I just heard that Zhang Jun this kid is trading stocks, which is odd—where does he get spare money? Have the five hundred million yuan you lent to your bank been repaid?"

"No, actually a few days ago we still transferred fifty million yuan out of our bank, saying there were several projects in Qingshui City that needed to start together. Wait……, you just said he's trading stocks?"

"Exactly, I heard it from a friend. You also know that I'm not on good terms with him, and we basically have no communication now. However, I've heard that this kid has put in a lot—he must have at least a hundred million yuan of funds."

"A hundred million? Are you sure?"

"I can't guarantee that; you'd better investigate it yourself. If it's true, you'd better advise him to pull back quickly, lest he drag you down."

"Chen Yang, thanks for the info. I'm off to get busy now—I'll treat you to a meal when I have time."

After Luo Zhikai hung up, Chen Yang couldn't help bursting into laughter.

As long as the Qingshui City government and Xingcheng Bank get involved, Zhang Jun will have to quickly liquidate his stock positions and get out.

Misappropriating bank loans for stock trading is suspected of illegal activity; once discovered, Zhang Group will be in big trouble. Not only will the five‑hundred‑million‑yuan loan from Xingcheng Bank have to be repaid, but related fines will also have to be paid. If the problem is serious, Zhang Jun this kid may even be sentenced to prison.

Moreover, it's not just Zhang Jun who will suffer; Zhang Group's credit will also be damaged. Once credit runs into trouble, borrowing from banks in the future will become difficult.

As a Reborn Person, Chen Yang is very clear about one thing: once a real‑estate developer's capital chain breaks, their only fate is death.

That day, many major events unknown to ordinary citizens took place in Qingshui City and Xingcheng.

President Chen learned from Lin Wei that Zhang Daguo was summoned by Mayor Kong Jie and Deputy Mayor Meng to the government office for a discussion lasting over two hours; when he came out, his face was ashen.

Yexin also called to tell Chen Yang that the right to use plot No. 8 in Xingcheng International New City, for which Zhang Group had paid four hundred million yuan, had been temporarily frozen by Xingcheng Bank upon application; likewise frozen was Zhang Jun's stock trading account at Dongjiang Securities.

Yexin's news caught Chen Yang off guard; he hadn't expected Xingcheng Bank to act so quickly.

In that case, the stock market tomorrow will have many more variables.

After all, Zhang Jun's stocks have been frozen, so the only target left for him and Qi Yunxiang to deal with is Zhuo Wenyuan.

With one less pig‑like teammate, Zhuo Wenyuan has far fewer constraints. Whether he chooses to cash out quickly or to wait and see, slowly offloading his shares, is hard to judge……