Chapter 256: Redistributing Shares
Chen Yang this time selling 8 million shares of China Software yielded revenue of 46,029,903 yuan. If calculated at a fee of 0.5 per ten thousand, he could still make an additional profit of 1,612 yuan.
Using the Xingcheng Securities account to buy 15 million shares of China Software incurred a fee of 3,885 yuan. Compared to using China Securities, it saved another 2,719.5 yuan.
In other words, just the fees for this sell-and-buy round trip could save 3,791.5 yuan.
Based on 240 trading days per year, this would save 429,960 yuan. This money could buy a BBA car.
Additionally, for the China Software shares bought this time, the first 12 million shares had an average price of 5.1 yuan. The latter 3 million shares, bought to push up the price, had an average price of 5.5 yuan. The final cost price was 5.18 yuan. The total investment amounted to 77,703,885 yuan.
After the transaction was completed, Chen Yang immediately received a thank-you message from Qi Yunxiang.
Chen Yang did not reply, because Shen Anna's phone call came through.
"Boss, the secretary of Governor Liu just called me, saying they have already coordinated with the central bank and can give the Public Pass procedures a green light."
"Good! I'll have Star Glory Financial Investment Company get ready for the preparations."
After hanging up, Chen Yang also relayed the message to Yexin and the other two people in the office.
The entire office instantly burst into cheers.
"Chen Yang, if Public Pass gets off the ground, you deserve major credit!" Yexin gave Chen Yang a thumbs-up. This big piece of meat, he could obviously have kept it all for himself, but he actively shared it with everyone. Ordinary people would hardly have such boldness.
"Yeah! Since we partnered to run the company, I feel everything goes smoothly." Huang Bai ming also admired Chen Yang greatly. He found that whatever Chen Yang handled became easy.
"Chen Yang is truly our lucky star. To show my respect, let's all go to Heaven and Human World tonight to celebrate. I'll foot the bill for all expenses!" Zhao Feiyang made this very generous proposal.
However, Zhao Feiyang's proposal was quickly opposed by Yexin. She even kicked him hard.
"Zhuo Wenyuan, Wu Lin are both setting traps for people at Heaven and Human World. Are you also wanting to be caught with a handle? Or do you men only ever go to places like that?"
"Then let's change the place to celebrate." Zhao Feiyang gave an embarrassed, silly laugh. Single men always want to go to Heaven and Human World. He just got excited and overlooked that Chen Yang and Yexin are both married.
"Things aren't settled yet; celebrating now would be premature." Chen Yang had no intention of going to an entertainment venue. Although Liang Jianfeng had been caught, his safety issue in Xingcheng hasn't been fully resolved. At this stage, he doesn't want to go to any place with complicated relationships.
"Alright, once the procedures are done, I'll treat everyone to a HAPPY." Zhao Feiyang just wanted to express his goodwill. Seeing that Chen Yang and Yexin both objected to celebrating, he didn't insist.
Yexin glanced at Chen Yang, then said to Huang Bai ming and Zhao Feiyang: "In my opinion, Chen Yang has made so many contributions to the company; even if he invested little, he should get the same amount of shares as us."
"I support Yexin's suggestion!" Huang Bai ming was the first to raise his hand in approval. Although the person in charge of the company is Yexin, the one actually responsible is Yexin's younger sister-in-law, but only Chen Yang can make everyone big money.
"I support it too!" Seeing that Yexin and Huang Bai ming both supported reallocating shares, Zhao Feiyang had no objection. After all, his money-making ability is the worst among the four. If everyone doesn't bring him along, he'd have to go back to Wu Clan Real Estate to suffer.
"Isn't that inappropriate?" Chen Yang hadn't expected Yexin to make this proposal, feeling a bit embarrassed.
"Nothing inappropriate about it. I'll have the legal department revise the contract shortly and redistribute the shares into four parts." Yexin didn't intend to give Chen Yang a chance to refuse. This company could do without anyone, except it cannot do without Chen Yang.
"Alright, then I'll take a little advantage of you guys!" Seeing that the kindness was hard to refuse, Chen Yang could only accept.
However, this way, it will be a bit difficult to slack off in the future.
Before, when dividends were small, slacking off a bit wouldn't draw any objections.
Now dividends are equal for everyone, everyone is working, so he would surely feel embarrassed to stand aside and loaf.
Of course, Chen Yang also didn't expect that his first gain upon returning to Xingcheng would be shares in Star Glory Financial Investment Company.
After returning to the hotel, Chen Yang then replied to Qi Yunxiang with a message. Only four words: "Happy cooperation."
Actually, between him and Qi Yunxiang, there's indeed no need for too many pleasantries. Past, present, future—it's a relationship bound by interests.
As long as Qi Yunxiang's service stays up to standard, he has no reason to switch securities firms.
Moreover, Qi Yunxiang can not only provide more customers to Star Glory Financial Investment Company, but also use their company's funds to help lift the sedan at critical moments—something other securities firms find hard to do.
At that moment, Qi Yunxiang's phone rang again.
"Mr. Chen, those three clients just called, asking why their China Software shares haven't been sold. How should I respond?"
"Just tell them directly: we're washing the plate to absorb more chips, preparing to continue pushing the price up!" Chen Yang had no intention of hiding his plan regarding China Software from Qi Yunxiang. After all, their chips are already plenty; even if Qi Yunxiang's fund came in again, it wouldn't make much difference.
"Alright, remember to give me a heads-up when we're near the top." Qi Yunxiang, just as Chen Yang expected, also intended to enter the market to get a share of the profits.
"You can see our trading data; do you still need me to give extra reminders?" Chen Yang felt both amused and exasperated. Their buying and selling of stocks must be queued through Qi Yunxiang's Xingcheng Securities. If the other party were shameless, they could simply sell their own holdings first, then come to process Chen Yang's order.
Qi Yunxiang chuckled: "In the stock market, time is money; even a one-second delay in reaction can make a big difference. If you can give advance notice, we'll be able to respond more smoothly."
"Alright, then I'll give advance notice when I think the timing is right." Chen Yang also didn't waste words. It's just a phone call, a text message.
After Qi Yunxiang's phone call ended, Chen Yang habitually went to browse the China Software stock forum.
If you don't look, you won't know; but once you look, you'll be startled.
Half of the posts on the forum were scolding China Securities' capital.
Someone even started a spontaneous post, saying they wanted to find a few retail investors who were flushed out today to go to China Securities and settle accounts with the hot money.
End of Chapter
