Chapter 250: Taking Over Qi Yunxiang

On the first day of November, Yexin, in the name of Starlight Financial Investment Company, opened a new stock account at Xingcheng Securities. Then she transferred another 200 million yuan of funds from the company's capital account into this new account.

At the same time, China Securities Xingcheng Branch posted a notice online stating: company employee Zhou Moumou, suspected of leaking customer privacy, has been internally punished and had their employment contract terminated.

As soon as the news came out, the China Software stock forum also exploded.

"That brother yesterday was really a good person! He truly shared the insider information with us."

"He did a good deed, but his friend ended up miserable—lost his job outright. If I were his friend, I'd feel like killing him."

"So, having insider information, it's better to make money quietly. Being too flashy harms others and oneself."

"Too bad—there won't be any insider information to follow from now on. I really wish I had a friend at a securities firm; I promise not to leak anything!"

"Upstairs, why don't you apply for a job at China Securities? If you happen to get selected, I'll be your friend!"

"Upstairs, this forum has a China Securities mole. You've already said that, so how could I still apply? I guess anyone applying during this period won't be wanted……"

"Oh dear, my mistake, my mistake!"

"Everyone, since there's no insider information anymore, is China Software's stock still worth holding?"

"What's there to fear? A stock that locks at limit-up on opening will probably hit another limit-up tomorrow!"

"Haha, the person upstairs is about to be slapped in the face—capital is starting to smash the board."

"Damn, this turtle brings nothing but trouble as soon as he shows his head. Is the board master around? Can we permanently ban this guy? Seeing him is just bad luck."

"Haha, support the ban +1"

"Support the ban +2"

"……"

In the family district opposite Qingshui City Government, Chen Yang was rapidly tapping his computer keyboard at home, selling his China Software shares in batches of a thousand.

Today, China Software's stock opened directly at limit-up, and there were also three million shares locked in the order book.

Chen Yang felt this was a good opportunity to unload, so he first lifted the limit-up, then continued selling his shares.

In just half an hour, he sold five million shares at an average price of 4.75.

This transaction recovered 23,720,000 yuan.

Chen Yang's operation caused large fluctuations in China Software's stock, prompting many retail investors to follow suit and sell their holdings. The price quickly fell to 4.4 yuan.

At this point, Chen Yang did not rush to add to his position. Raising China Software's stock price required a lot of big capital working together; he needed to give other capital a chance to enter.

Chen Yang didn't wait long before capital swooped in, aggressively buying up shares and quickly pushing the price to 4.84, after which another three million shares were locked.

Chen Yang was hesitating whether to keep smashing the order book when Qi Yunxiang's call came in.

"Chen Yang, I've already bought five million shares of China Software. How long do you plan to trade this, and to what price target?"

Chen Yang wasn't at all surprised that Qi Yunxiang would enter the market. He frankly said: "China Software has great potential, and with the current tech stock boom, trading a few more consecutive limit-ups shouldn't be a big problem."

"Then let's push the price up together." Upon hearing that Chen Yang didn't intend to make a quick profit and run, Qi Yunxiang felt happy as well.

These past few days, Chen Yang hadn't used his personal account to trade stocks, yet it had driven him crazy. Clients kept urging him, but he had no direction for buying stocks. The few stocks he randomly bought only Xingcheng Heavy Industry showed some profit; the rest were either break-even or trapped.

He couldn't figure it out. Why does Chen Yang always manage to pick good investment‑grade stocks, while whenever he makes a move, he ends up with nothing but landmines?

Take China Software, for example: since its IPO it has been listless, often moving opposite the overall market. Within a few months of listing, its price had dropped nearly half. After Chen Yang entered, he immediately hit three consecutive limit‑ups.

Qi Yunxiang's recent pick, Tonghua Bio, was also a low‑priced tech stock. After he entered, it not only didn't rise but kept falling, dropping ten points in three days. Frightened, he hurriedly liquidated to cut losses.

Only later, upon reviewing the trade, did he realize this was a manipulator's stock, with most of the shares concentrated in one big capital's hands— they could make it rise or fall as they pleased. Fortunately he hadn't added to his position, or his losses would have been worse.

After this setback, Qi Yunxiang even thought of handing over these few clients of his to Chen Yang. As long as Chen Yang could make them money, he'd be satisfied taking a small fee.

"Chen Yang, is your financial company interested in acting as an agent for stock‑investment business?"

"Sure!"

"I have a few clients I can hand over to your company for agency. But you must guarantee that these clients will continue to trade using our company's securities accounts."

"No problem. I'm not the type to pull up the plank after crossing the river."

"Then I'll discuss the specific cooperation details with Yexin later."

"Alright, let's wish us a pleasant cooperation ahead!"

Chen Yang actually isn't very fond of acting as an agent for others' stocks. But personal is personal, company is company. Since we've already partnered to set up a financial investment firm, we ought to take on the related business.

Taking over Qi Yunxiang's clients would not only earn the company a nice commission, but also let us befriend several wealthy capitals. This is a win‑win.

Even if Chen Yang wanted to refuse, Yexin would probably not agree.

And the fact is exactly as Chen Yang anticipated.

Qi Yunxiang hung up, and only half an hour later Yexin's call came in—her voice was very excited.

"You little brat, do you know what I gained today?"

"What gain?"

"I've poached Qi Yunxiang's clients. From now on, I'll have his clients trade with us, and we'll take a five‑point rebate on each transaction."

"Have you signed a contract? What if they lose money?"

"Loss? How do you even write the word 'loss'? When have you ever lost money buying stocks?"

"……, I mean, what if they do lose?"

"If they lose, they lose. Our contract has clear risk disclosure; since they've accepted the possible risks, they bear no liability."

"……"

Chen Yang felt that running a financial investment firm with Yexin was truly a sure‑win— he could earn commissions without taking any risk.

If we develop more 'sucker' clients, just the stock side alone could fill our pockets to overflowing.

Of course, to expand the company's business we first need to build a reputation. If we lose money at the start, not only will we fail to attract new clients, but existing ones will flee.

To better expand the business, Chen Yang felt it necessary to keep an eye on several more promising stocks.