Chapter 211: Mayor Kong Summons Again

The limit-up of Liu Clan Group's stock drove market sentiment for tech stocks. After the market opened on Friday, a large number of investors followed suit and bought the leading tech stocks. The stocks of several tech companies also hit the limit-up.

Those who reacted slowly and failed to buy the leading stocks turned their aim to other tech-related stocks. In their frenzied trading, all tech-related stocks turned red.

Chen Yang saw that Liu Clan Group's stock had over 30,000 lots of limit-up orders, and without hesitation he placed a sell order for 30,000 lots at the limit-up price of 16.7. This operation instantly recovered him 49,995,980 yuan in funds. His total available funds became 53,115,400 yuan.

Just as Chen Yang had sold his shares, the CEO of Xingcheng Securities, Qi Yunxiang, called him.

"Director Chen, didn't you say you had insider news? Why haven't the news come out yet, and you already ran?"

Chen Yang had long anticipated Qi Yunxiang's question and immediately said: "Qi Yunxiang, I didn't say anything at all! Liu Clan Group's stock has already risen over thirty points. With such high profits, why not sell?"

"That makes sense; the profit is indeed quite high now. Then I'll also sell a bit."

After Qi Yunxiang hung up, Liu Clan Group's stock price could no longer stay locked. It quickly fell from 16.7 down to 15.19.

Some investors who couldn't hold on began to flee en masse.

This result was entirely within Chen Yang's expectations. Securities firms have huge funds; once they decide to unload, they will surely create a big move. If Dongjiang Securities' Zhuo Wenyuan weren't hospitalized with serious injuries, Liu Clan Group's stock would likely have fallen even worse.

At that moment, Yexin's call also came in.

"You little punk, didn't you say you had insider news? How come after just one day of rising you started smashing the market?"

While placing a buy order at 15.19, Chen Yang answered Yexin: "I was just doing a T trade; I didn't expect that brat Qi Yunxiang to target me and also unload heavily."

Yexin immediately complained: "You jerk, can't you use your China Securities account to buy stocks? Making such a big move—if Liu Clan Group's stock hit limit-down, we'd all be screwed."

"Sister Xin, I don't have a China Securities account. Besides, now investor sentiment is high; as long as you guys stay still, it's not easy to disperse their enthusiasm." Chen Yang explained while speeding up his order placements.

Yexin wasn't convinced by Chen Yang's explanation and said: "If you let Qi Yunxiang keep doing this, and he messes up, who will take responsibility?"

Chen Yang laughed: "It won't be smashed; I'm currently buying back the stock. Once Qi Yunxiang sees it, he'll surely come back to kill."

In the time it took to speak, Chen Yang bought back 3 million shares of Liu Clan Group at an average price of 15.25. His account still had 7,386,000 yuan available. This T trade netted him a small profit of 4,190,000 yuan.

And Qi Yunxiang, just as Chen Yang said, quickly came back to fight.

Liu Clan Group's stock price, after a large influx of buy orders, once again sealed at the limit-up.

After watching the whole process, Yexin was left speechless.

"You little brat, truly a scoundrel—actually using Qi Yunxiang as a pawn. Watch out; he might turn around and stab you in the back."

"Hehe, Qi Yunxiang isn't an idiot. If he drives me away, he'll make less money."

"Hmph, why didn't you notify me so I could also earn a bit? Is my relationship with you not as good as with Qi Yunxiang?"

"Big sis, you operating alone—can you compare to a securities firm with twenty-odd people? If you sell your shares and can't buy them back, and tomorrow the stock keeps rising, you'll regret it to death."

"Hmph, aren't you also operating alone? Why do you have no problem?"

"First, I hold the initiative—when to sell and when to buy won't be known to Qi Yunxiang until after the trade is completed; there's an absolute time lag. Second, my position is large, so even if I can't buy back, it won't affect the big picture."

"... you're ruthless!"

Yexin hung up the phone, feeling gloomy.

Meanwhile, Chen Yang hadn't even caught his breath when he received another call from the mayor's secretary, Zhang Chunhua.

"Chen Yang, the mayor wants you to come over for a talk."

Chen Yang didn't expect Mayor Kong Jie to look for him at this time; he curiously asked: "Secretary Zhang, could you conveniently reveal what it's about?"

Zhang Chunhua lowered her voice and said: "It should be about the transfer of that plot of land in the southern district. The mayor hopes you and the Zhang Group can discuss it amicably and resolve the matter soon."

Chen Yang said with some difficulty: "Secretary Zhang, you should know I have a grudge with the Zhang Group. If I step in, this will surely end in a breakdown. Why not let our company's CEO, Yao Xia, go talk to them?"

Zhang Chunhua said: "Chen Yang, my job is just to relay the message. If you have any demands, tell the mayor later!"

"Alright, I'll come over right away."

Chen Yang thought for a while in the room, feeling he still needed to get in touch with Yexin. She is currently in a deadlock with the Zhang Group, having mobilized various forces to strike against them. He needed to know Yexin's bottom line.

"Sister Xin, Mayor Kong wants me to discuss that land with the Zhang Group. Do you think there's still a need to negotiate? If we continue talking, what's the bottom price?"

"Negotiations definitely still need to happen. The Zhang Group urgently needs money to settle the trouble with Xingcheng Bank; ideally we could press them down to sixty million. If we can't, the most we could give is seventy million. Zhang Jun that brat made me spend a lot of resources, so I need to recoup some losses from them. If you're embarrassed to speak up, I'll call Yao Xia over later."

"Okay!"

A plot of land worth one hundred million, buying it for sixty million—Chen Yang really felt embarrassed to bring it up to Mayor Kong Jie.

He immediately called Yao Xia to meet at the city government gate. Then he took out the Armani suit he had bought in Xingcheng from the wardrobe. After carefully dressing up, he finally left the house satisfied.

Yao Xia had been staying at the city government guesthouse all this time, so she arrived before Chen Yang. Seeing Chen Yang approach in his sharp outfit, she was dazed for a full minute.

"Director Yao, what's up? Just not seeing you for a day and you don't recognize me?"

"No…… no, it's just the first time I've seen you in a suit; I'm not used to it……"

"Hehe, are you dazzled by my handsomeness?"

"Mm-hmm, this outfit really is handsome!"

"Then let's hurry; the mayor is still waiting!"

Chen Yang reminded Yao Xia, then took the lead toward the municipal government office building.

Yao Xia was speechless for a moment, then grabbed her briefcase and quickly caught up to Chen Yang's pace.

When they arrived outside the mayor's office, Secretary Zhang Chunhua was already waiting at the door. He first went in to report, then escorted Chen Yang and Yao Xia inside.