Chapter 244: Liang Kuang Re-enters the Game
Chen Yang, your company has only just transformed and conditions in all aspects aren't very mature. Undertaking a large-scale pig farm base with an annual output of several hundred thousand live pigs now—isn't the risk a bit high? Kong Jie, even though he greatly appreciated Chen Yang's plan, didn't forget to pour a bit of cold water on him at the right time.
Young people having ideals and drive is good. But if they rush too fast and their steps are unsteady, they can easily suffer a major setback. Moreover, with an investment of 500 million, if any link isn't handled well, the loss isn't limited to Chen Yang's meat company; the municipal government here will also be implicated.
"President, I am the company's legal representative; I won't joke about my own future." Chen Yang said solemnly to Kong Jie: "If you're not reassured, this loan can be disbursed in installments."
Kong Jie thought for a moment and said: "Like this! I'll first strive to secure a loan of 100 million for you. After the annual reports of the People's Agricultural Products Trading Company and the Meat Company come out, we'll then reassess the feasibility of building a large-scale pig farm base."
"Okay, thank you for your support, Senior Leader!" Chen Yang had no objection. After all, building a large-scale pig farm base cannot be completed in a month or two. If the performance of the People's Agricultural Products Trading Company and the Meat Company falls short of expectations, even if Kong Jie doesn't oppose it, he will proactively slow down the implementation schedule.
After leaving Kong Jie's office building, Chen Yang went straight home.
He glanced at the stock market and found that the Liu Clan Group shares under the company's name had all been sold off, recouping 220 million in funds.
The company's currently available funds have risen to 467,930,000.
Moreover, the account still holds 4 million shares of Xingcheng Heavy Industry. The current share price is 19 yuan, only slightly above the cost price of 18.8 yuan.
Selling all of them at the current price would still incur a loss.
Chen Yang hesitated not, directly activating a buying mode, quickly pushing Xingcheng Heavy Industry's share price up to 20.5 yuan.
At that moment, investors' emotions were instantly stirred; the bull market surged with a large volume of buy orders.
And Chen Yang also didn't hesitate, rapidly typing to dump his shares in batches. In just ten minutes he sold his 4 million shares at an average price of 20.2 yuan.
While pushing the share price to 20.5 yuan, he only bought in 1 million shares at an average price of 20 yuan.
At this point, the company's available funds in the account rose to 528,720,000.
This is 128,420,000 more than when Chen Yang first manipulated the company's stock.
Chen Yang couldn't help but sigh: the stock market truly is a paradise for the rich!
After Chen Yang finished the stock transaction, Yexin's call came in.
"You little punk, earning ability like yours with only a ten percent stake is a bit of a loss! Why not invest another 100 million? The earlier profits, we'll still split four ways."
"No." Chen Yang decisively rejected Yexin's proposal. Even a stock god can't escape the fate of capital drawdown. As someone who profits from foreseeing the future in stock trading, how could he guarantee profit every time? As long as there is a capital drawdown, if Yexin and the other partners don't complain, he won't resent them taking a larger share of dividends.
Seeing Chen Yang not heeding her advice, Yexin solemnly reminded him: "This is your own choice, so don't blame later!"
"If you're afraid I'll regret it later, you can record the phone call." Chen Yang didn't want to over-explain. If he really wanted to make more money, he could simply transfer all his funds to Hong Kong. Making money in the US market is far more comfortable than domestically.
Chen Yang seeing Chen Yang's firm attitude, he shifted the topic: "Liang Kuang returned to Xingcheng today and also visited the business department of China Securities. Do we need to do something?"
Chen Yang thought it over and told Yexin: "Give the China Securities CEO a call. Say that before market close we intend to buy a large amount of Liu Clan shares, so have him prepare a fast-track channel for us in advance."
Yexin, upon hearing this, indicated she didn't understand: "We've already opened the fast-track channel. If we ask like this, won't they think it's strange?"
Chen Yang advised her: "You can say you went out to play for a few days and forgot."
Yexin felt this excuse lowered her IQ, and directly asked: "You little punk, what exactly are you scheming?"
Chen Yang laughed: "What scheming could I have? I just want Liang Kuang to know we're buying Liu Clan Group shares. Isn't he planning to short Liu Clan Group? If we buy up the shares, won't his plan be thwarted?"
Yexin laughed despite herself: "But you aren't even planning to buy, so what does he have to worry about?"
Chen Yang chuckled: "If I don't say it and you don't say it, who could know we aren't planning to buy Liu Clan Group shares?"
Yexin thought it over and found it reasonable: "Then what's your purpose in luring him into the market?"
Chen Yang said: "As long as he enters the market. If he raises the price to profit, that's slapping himself in the face. If he continues to suppress Liu Clan Group's share price, we can pick up the shares at a low point and earn another substantial profit spread."
"Alright, I'll call right away." Upon hearing there was money to be made, Yexin immediately agreed with Chen Yang's idea.
Not long after she hung up, Liu Clan Group's shares began to move. The low-priced shares in the short-selling market were instantly swept away.
Moreover, the other side intentionally controlled the share price, keeping it steady around 22 yuan.
By the time the stock closed, the purchase volume of China Securities Dongjiang Branch had exceeded 10 million shares.
Liu Clan Group's share price ultimately closed at 22 yuan as well.
Just as Chen Yang and Yexin were celebrating the success of 'luring the opponent into the urn', the office of the China Securities CEO also erupted in a fierce argument.
"President Wu, you wouldn't be a spy sent by Yexin, would you? Deliberately colluding with her to set a trap and lure me into buying Liu Clan Group shares?"
"President Liang, I also don't know why Yexin and the others suddenly stopped buying Liu Clan Group shares! Over the past few days, they've been selling and buying simultaneously."
"Hmph, do you think I'm easy to fool? Believe it or not, I'll send your sordid affairs to the TV station, letting the nation's people admire your flirtatious escapades with beautiful women."
"President Liang, don't be impulsive. I truly don't know Yexin and the others' plan."
"Hmph, if you want me to destroy the evidence, tomorrow you just take all the shares I hold. Those few idiots trying to drag me down—no way!"
"Fine, but your selling price can't be too high. If it exceeds the company's expectations, I wouldn't dare to answer for it!"
"Answer for what? What a joke! Do I, Liang Kuang, still need to answer to anyone for my actions?"
"President Liang, you can't let the company lose too much. Otherwise I really won't be able to answer for it."
"Hmph, if you don't cooperate, from now on there'll be no good looks for this person in Xingcheng!"
End of Chapter
