Prev
Ch. 321 / 77841%
Next

Chapter 321: Lan Qiyun Again Plays the Supermarket Game

~7 min read 1,333 words

Chen Yang thought Yexin and Lan Qiyun had been tossing around in the US stock market all night, and at least wouldn't wake up until afternoon. He didn't expect that during the morning stock auction, they had already appeared at Xinghui Financial Investment Company.

If it weren't for Qi Yunxiang calling to notify Chen Yang, saying there was abnormal trading at Xinghui Financial Investment Company, he still wouldn't have known that Yexin and Qi Yunxiang had started working again.

What Chen Yang couldn't understand was that Lan Qiyun had picked ten stocks again, involving the technology, culture, gaming, pharmaceutical, and liquor sectors—five sectors.

Chen Yang roughly looked at the ten stocks she had chosen; they were basically blue-chip stocks. If held long-term, they would generally yield a profit.

Chen Yang still wasn't clear about Lan Qiyun's trading style, but he understood Yexin. The latter only wanted to do short-term trading. Even if a stock didn't surge significantly in a day, she would become restless.

That is, since Lan Qiyun had just arrived, Yexin could let her mess around in Pioneer Technology for a few days. If the same situation were changed to Chen Yang doing the operation, he would have already been annoyed to death.

However, Yexin's patience had its limits. She was by nature a woman who liked stimulation. That kind of stock whose daily movement jumped up and down like an ECG, with only a few cents of fluctuation, was her most hated.

Of the ten stocks Lan Qiyun had chosen, half at this stage showed ECG-like movements. If there were no major movement for a few days, Yexin estimated she would go crazy.

Chen Yang couldn't figure out Lan Qiyun's trading intention for a while, so he could only pretend not to know.

However, at noon, Yexin proactively brought Shen Anna to invite Chen Yang to a meal. It was the kind that couldn't be refused.

The three went together to a newly opened Sichuan restaurant. After ordering, Yexin suddenly asked Chen Yang: "You little brat, Lan Qiyun picks ten stocks each time, and the sectors are always different—what kind of play is this in your financial world?"

Chen Yang explained to her: "Buying multiple kinds of stocks at once, put simply, is the supermarket play. Its core idea is to reduce investment risk through diversified investment."

Because sector heat in the stock market rotates, today the technology sector is hot, and in a day or two it might be the consumer or gaming sector that's hot. As long as you diversify your investment, you can ensure that you always have one or two profitable stocks in hand. That way, even if other stocks lose money, you can recover the loss from the hot stocks.

Yexin seemed to understand, yet also seemed not to. She finally asked Chen Yang directly: "If she operates like that, can she make money?"

The stock market is unpredictable; Chen Yang couldn't give her a definite answer, so he could only say tactfully: "The supermarket play, theoretically speaking, can make money. But the profit would certainly be less than operating one or two stocks individually. In the stock market, unless it's a major bull market, no one can guarantee that all the stocks they buy will be profitable."

Yexin lightly punched Chen Yang, laughing and scolding: "You little brat, you're still beating around the bush with me. Just say the supermarket play doesn't make money; I wouldn't go tell on you to Lan Qiyun."

Chen Yang didn't believe her words at all, and put on a serious face: "I didn't say it doesn't make money. Actually, the few stocks she picked all have potential; they just haven't reached their eruption time yet. The key is whether you have the patience to wait."

Yexin immediately understood Chen Yang's meaning, and directly shook her head: "I don't have the patience to wait. But I also don't know how to tell Lan Qiyun. Why don't you go persuade her?"

Chen Yang didn't want to invite trouble, so he forced a wry smile: "Big sis, she still holds a grudge; how could I persuade her? Or else you just go settle it with her yourself!"

Yexin sighed. She just wasn't good at speaking up herself, so she had Chen Yang step in. Now it looks like it won't work.

Seeing the situation, Chen Yang gave her another suggestion: "Don't first talk about whether stocks make money or not; just ask her what her purpose is in doing this. Logically, after her experiment failed in the US stock market, she couldn't possibly repeat the same mistake. So the only explanation is that there are other factors involved."

Yexin felt Chen Yang's suggestion was feasible. Indirectly probing the reason is indeed more prudent than outright rejecting Lan Qiyun's plan.

"She's catching up on sleep at the company; why not, after the meal, you come with me to ask her?"

"Can I refuse?"

"Of course not!"

Chen Yang was quite speechless. It looks like he can't avoid taking the blame.

Shen Anna saw this and also expressed dissatisfaction to Yexin: "Yexin, Chen Yang has helped you earn so much money you could spend it all in a lifetime. What does it matter if you earn a little less in the domestic stock market? You have him go to the company and then ask Lan Qiyun why she's doing this supermarket play; that little girl will surely think Chen Yang is stirring up trouble between them. Wouldn't their misunderstanding become even bigger?"

"All right, all right, I'll just ask her alone, okay?" Seeing Shen Anna also dissatisfied, Yexin had no choice but to give up.

After the meal, Yexin packed a takeaway for Lan Qiyun, then she split up with Chen Yang and Shen Anna in the elevator of Xinhe Building. Chen Yang and Shen Anna went to the Old Hundreds Agricultural Products Trading Company office, while Yexin returned to Xinghui Financial Investment Company to trade stocks.

However, only an hour later, Yexin came running down again in a hurry.

"You little brat, I know what Lan Qiyun wants to do!"

"What does she want to do?"

"She said this isn't the supermarket battle method; she just wants to observe the pattern of sector rotation, so she can lay out her positions in advance."

"That's pretty good."

As a veteran stock trader with decades of experience, Chen Yang naturally knew that sector rotation in the stock market leaves traces. Although he couldn't guarantee a hundred percent accuracy, as long as he did his homework in advance, it would definitely be better than cramming at the last minute.

That Lan Qiyun could think of using sector rotation patterns to pre-position in the stock market shows her talent. It's no wonder Yexin dotes on her.

However, Chen Yang felt this wasn't Lan Qiyun's true intention. Because this girl has an extraordinary memory; as long as she consistently reviews her trades, it's impossible for her not to grasp the sector rotation pattern.

To avoid bringing trouble upon himself, Chen Yang decided not to meddle further.

After Yexin left, Shen Anna teased Chen Yang, saying: "Once Lan Qiyun rises to prominence, you'll lose her favor."

Chen Yang laughed: "As long as Elder Sister Yexin doesn't bother me about stock matters, I'll immediately go set off firecrackers to celebrate."

Upon hearing that, Shen Anna couldn't help but burst out laughing.

After laughing, she quickly turned serious again: "Boss, you've made so much money in the US stock market. Have you considered setting up a trading company in Hong Kong to export our company's products abroad?"

Chen Yang directly rejected her proposal: "Anna Sis, professional matters should still be left to professionals. The Hu Jiahao family has been in the foreign trade industry for decades, well-versed in all aspects. Letting them handle our company's external business would save us a lot of trouble compared to us fumbling blindly. Moreover, the funds I have in Hong Kong have other uses."

◈

End of Chapter

Prev
Ch. 321 / 77841%
Next
Prev
Ch. 321 / 77841%
Next