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Chapter 298: Unpersuadable

~7 min read 1,308 words

General Manager Chen, General Manager Ye just called me, saying they want our two companies to join forces to pry open the limit-down board of Pioneer Technology. Is that what you mean?

Chen Yang was still discussing with the company's senior management the specific arrangements for welcoming the provincial leader at Old Commoners Meat Industry Co., Ltd when Qi Yunxiang's call came again. He could only let Song Yajun and the others continue the discussion, while he went to the outside meeting room to answer the phone.

General Manager Chen, I'm in a meeting at the company and haven't looked at the stocks. If you want to lift the limit, it's not impossible, but the cost will definitely be higher.

Oh, so that wasn't your intention! Qi Yunxiang heard this, and his tone visibly relaxed. "Then I think we should wait until tomorrow to act! The other side has too many chips; if only the two of us join forces, the risk is a bit high. General Manager Ye is impatient; she insists I make a move. Otherwise, could you help persuade her?"

"General Manager Chen, rather than having me persuade her, you should think of a way to stall. As long as your side's funds can't move, they can't act. But you can't sell me out." Chen Yang didn't want to persuade Yexin. This was Lan Qiyun's first move; if he voiced opposition, he would surely offend someone.

"General Manager Chen, rest assured, I will definitely not betray you." Qi Yunxiang still knows the difference between the big and small jokers. Yexin is merely his partner; Chen Yang is the God of Wealth. Offending the God of Wealth means not only will you not make money from stock trading, but even your trading commissions will be much lower.

After Qi Yunxiang's call ended, Chen Yang didn't rush back to the meeting room. He sat on the steps outside the meeting room, thought about Lan Qiyun's actions, and quickly understood.

Lan Qiyun came from retail investors, so she subconsciously empathizes with their situation. She hastily accepted Yexin's job invitation and rushed to smash the limit-down board of Pioneer Technology, aiming to rescue those retail investors eager to cash out.

After all, Pioneer Technology has no negative news; as long as we take over the opponent's chips, the stock price will surely rise. While winning her first battle, Lan Qiyun can also help Xinghui Financial Investment Company gain favor with retail investors.

But in Chen Yang's view, Lan Qiyun's operation is actually useless. Because no matter what price level the stock is at, someone must take over the position to realize profit.

Now that some retail investors have been freed, more will surely be trapped again later. It's even possible that those who were previously trapped will develop new fantasies and stay, waiting for the stock price to break through new highs.

In other words, no matter at what price Yexin and her group sell their stocks, someone will curse them.

Lan Qiyun can make Yexin quickly shift her affections; technically there's no problem. The only flaw is that she hasn't yet been battered by society, her thinking is overly idealistic. She wants to be a stock market hero, leading retail investors to get rich together—what a naive idea.

Capital that can call the wind and summon the rain in the stock market are the smartest group in this world. If Lan Qiyun truly dares to lead retail investors to profit from stock trading, she will surely fall into their meticulously laid trap.

By then, not only will Xinghui Financial Investment Company's interests be harmed, but those retail investors will also speak ill of her.

Considering this is Lan Qiyun's first time operating as a big-fund operator, if it ends like this, her confidence will directly collapse. Thereafter, no matter how she operates, she will doubt herself.

Of course, this is after all just a worst-case scenario. Before it happens, Chen Yang's words have no persuasive power at all, and they might even be misunderstood by Yexin and Lan Qiyun.

Therefore, it is wise for Chen Yang not to actively persuade them to give up the action. Letting Qi Yunxiang play the "delay word" tactic is the least offensive way.

However, Chen Yang wants to avoid Yexin, but Yexin has no intention of letting him go.

"You little punk, after our meeting discussion, we decided to smash open the order book before the market closes, and incidentally push the stock price up again. Can you also transfer the funds in your hand to help?"

Chen Yang has over 300 million yuan in funds; smashing open Pioneer Technology's limit-down board is definitely no problem. But he also doesn't dare to take the risk.

"Sister Xin, the enemy situation is unclear, and the stock price is not low either. If I use all my funds to open the limit-down, and the other side then releases another 300,000 lots of sell orders, how would you respond?"

"Then just keep taking them; the company still has several billion yuan in funds. I don't believe they have that many chips."

"What if they still have more?"

"Then let Xingcheng Securities also take them on."

"What if Qi Yunxiang doesn't support your plan?"

"We've cooperated so happily during this period; how could he possibly not support it?"

"Big sister, even if Qi Yunxiang is willing to cooperate, do you think it's appropriate to gamble with so much money on an uncertainty?"

"What's inappropriate about it? Xiao Lan has already analyzed it. Pioneer Technology's fundamentals have no issues; as long as we take over the opponent's chips and lift bullish sentiment, the stock price will surely surge."

"Pioneer Technology is indeed a worthwhile investment, an outstanding stock. This situation is not only known to us; everyone who trades stocks knows it. But why, from morning until now, has no major capital taken over the position? Have you considered this question?"

Yexin fell silent for a moment, then asked Chen Yang: "So what do you think?"

Chen Yang said: "Since nobody wants to change the status quo, they're surely waiting for a better entry opportunity. That opportunity definitely isn't today."

Yexin said: "Xiao Lan's meaning is that if we take over the position today, we can grab more chips."

Chen Yang told her: "The more chips there are, the longer the settlement period needed to maximize profits. If you're aiming for long-term, I have no objection. If you're aiming for short-term, you'd better be cautious."

Yexin's side fell silent again for a moment, then said: "Since Xiao Lan is full of confidence, doing a long-term position is also no problem."

Seeing that they wouldn't give up until hitting the south wall, Chen Yang could only abandon the idea of continuing to advise them.

"If you really want to go long, I can help by taking over 150,000 lots of chips. The rest you can handle yourselves."

"Okay!"

After waiting for Yexin's call to hang up, Chen Yang went straight to his office. Upon arriving, he simultaneously called Qi Yunxiang and opened his office desktop computer.

"General Manager Qi, General Manager Ye and her group insist on taking over the opponent's chips today. I've agreed to help them take half; if you're interested, this half quota can be given to you."

"General Manager Chen, why don't you go first? If the other side still has a backup, I'll provide reinforcement."

"Alright, I'll take half first, and the rest is up to you to handle." Chen Yang's purpose in calling Qi Yunxiang was to inform him of his own action. Because he had just advised the other party not to act, then actively bought Pioneer Technology's stock. This kind of operation easily leads to misunderstanding.

Since Qi Yunxiang doesn't want to take it, his move will have no reservations.

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End of Chapter

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