Chapter 222
After Chen Yang and Shen Anna confirmed the development direction of the Ordinary People's Agricultural Products Trading Company, he went to Zhao Xiaoli's real estate brokerage company once more.
Since we are planning to layout prefecture-level cities in Dongjiangsheng, the real estate brokerage company can also gain a share of the profits. After all, housing prices nationwide will rise in the future; the best way to control rents is to buy all the storefronts operating the branches ourselves.
Chen Yang gave Zhao Xiaoli two tasks.
The first task is to mortgage part of his owned storefronts and properties to obtain some bank loans.
The second task is to dispatch business staff to various prefecture-level cities to select suitable storefronts and large cold storage facilities, paving the way for the expansion of the Ordinary People's Agricultural Products Trading Company's physical stores.
After finishing the tasks, Chen Yang returned to his rented accommodation at the Normal University Affiliated Middle School to rest.
However, he hadn't slept long when Yexin called and woke him up.
You little brat, the US stock market is about to open—do you still have the mood to sleep?
Big sis, I'm not planning to do short-term trading—if it rises, it rises; if it falls, it falls; what does it matter?
Chen Yang now finally understands why those stock market gurus like to trade secretly; they must have been frightened by external disturbances.
You jerk, you'd better keep an eye on it." Yexin said uneasily: "I heard from a friend that that stock was once suspended due to financial problems. Investors' confidence in this stock has always been low. The sudden surge last Friday was only because our funds entered the market, misleading it and causing some uninformed investors to blindly follow the trend, creating a false impression of a short-term rise. After these two days of calm over the weekend, people will realize the truth and surely diverge. As long as the majority of investors choose to exit, that stock's price will definitely revert to its original level.
Chen Yang asked Yexin: "Your friend wouldn't be Zhuo Wenyuan, would it?"
Yexin gave a hollow, embarrassed laugh twice and said: "I mainly think what he said also makes some sense."
Chen Yang wasn't angry and directly said: "If you believe him, I'll help you sell all your stocks tonight. Anyway, you've already made enough profit this time; there's no need to go through this unknown risk with me."
Upon hearing Chen Yang wanted to sell her stocks, Yexin immediately hesitated. After a while, she said: "Why not wait until after the market opens? If the stock shows a downward trend, we can sell then."
"No way! We must decide now." Chen Yang also confessed to Shen Anna: "Tonight I need to help our creditors buy that stock. If I sell your stocks on one side and buy hers on the other, the transaction records will be a mess. How would I settle accounts with them then?"
Yexin fell silent again, then asked Chen Yang in a serious tone: "Are you sure you won't sell even a single share of your stock?"
"No!" Chen Yang replied firmly.
"Then I'll still trust your choice!" Yexin said, although she agreed with Zhuo Wenyuan's analysis. But she also knew there was still a big gap between theory and practice. In actual operation, Zhuo Wenyuan couldn't even see Chen Yang's taillight. If she had to pick one, she would still choose to trust Chen Yang.
After Yexin hung up, Chen Yang quickly washed up, then turned on his computer to start monitoring the US stock situation.
Just as Zhuo Wenyuan had expected, someone had already sold part of that stock during pre-market trading. If investors' emotions are affected by these trades, the stock price is likely to show a downward trend after the market opens.
To avoid further phone disturbances, Chen Yang immediately turned off his phone.
When the US stock market opened, that stock indeed began to fall sharply. In just ten minutes, it dropped from 1.32 dollars to 1 dollar.
Chen Yang still took no action until the price fell to 0.9 dollars, when he began placing large buy orders. He successfully bought another 20 million shares of that stock at an average price of 0.999 dollars.
And under Chen Yang's continued operation, that stock's price rose again to 1.32 dollars and kept climbing.
At that moment, Chen Yang used a camera to photograph each transaction record on his computer. After finishing, it was already midnight. He turned his phone back on and called Guo Jin.
"Boss Chen, thank goodness you finally turned your phone on. Today's volatility in that stock almost gave me a heart attack."
"Have you re‑added to your position?"
"I added half a position when the stock fell below one dollar. Thanks to your reminder, I've made another big profit."
"Looks like you're destined to make this money!" Chen Yang couldn't help laughing. If it were Yexin, she would definitely not hesitate to dump her stocks.
Guo Jin on the other end also laughed and said: "I actually couldn't make up my mind either. I kept calling you, but your phone was off; I called Yexin, who was even more anxious than I. Only after seeing a large number of buy orders come in did I guess you were adding to your position. That's when I decided to follow in."
Chen Yang also admired Guo Jin's stock‑market intuition, which could quickly spot buying opportunities. Compared to him, Yexin is merely a competent stock trader—she only knows to follow orders to buy and sell, with no independent judgment.
Of course, Chen Yang also understands. Yexin is just a stock investor. She used to follow Zhuo Wenyuan in buying stocks, and now she follows him, having developed a severe dependence.
Moreover, the US stock market differs from the domestic one in having no price‑limit restrictions. If a stock's intraday trading swings too wildly, even experienced old investors would choose to step back and watch, let alone a novice like Yexin who has no judgment at all in the market.
So Chen Yang very much hopes Yexin can open a separate account in Hong Kong herself. She can follow him in buying stocks, but decide how to sell on her own. That would save a lot of trouble.
"Boss Chen, have you finished today's stock operations?"
Chen Yang's train of thought was interrupted by Guo Jin, and then he remembered why he had called her.
"Manager Guo, I have already bought 20 million shares of that stock at an average price of 0.999 dollars. In a moment, contact your friend and have her give me an email address. I have photographed today's transaction records; I will send them to her via email later. When she wants to sell her stocks, we will use today's transaction records as settlement proof."
"All right! I'll hang up then." Guo Jin, upon hearing that Chen Yang had already invested all twenty million US dollars into that stock with no intention to sell, also had an answer in mind.
But just as Guo Jin hung up, Chen Yang's room door was knocked on.
He got up, opened the door, and indeed found Yexin standing outside, with Shen Anna beside her.
"Um… we came just to see if you want a late‑night snack?" Yexin had originally intended to confront him, but on the way she suddenly received a call from Zhuo Wenyuan saying the stock's price had risen again. This embarrassed her, and she instinctively wanted to turn back.
But she wanted to go back, while Shen Anna, annoyed by her fussing, disagreed and insisted on sitting at Chen Yang's place. So she also had to grit her teeth and knock on the door.
End of Chapter
