Chapter 380

The rebound of Yong'an Automobile pushed the heat of Nanfang Automobile higher, ultimately achieving Chen Yang's three-consecutive-limit-up target.

Taking advantage of the moment when all kinds of capital were high-spirited, Chen Yang quickly dumped his 30 million shares of Nanfang Automobile.

What surprised him was that this time Yexin and Qi Yunxiang did not follow up. They stayed put, and other capital also made no big moves, so the three-consecutive-limit-up situation persisted until market close.

Chen Yang's operation this time yielded a total profit of 98,290,000.

According to the plan, Chen Yang prepared to directly deposit 50 million into the corporate account of Laobaixing Agricultural Products Trading Company to replenish the e-commerce platform's promotion expenses. The remaining money would be invested in the acquisition and renovation of Xingcheng Food Co., Ltd.

That evening, Chen Yang was summoned by Yexin to Xiangyao Ju. Upon arriving, he discovered that Lan Qiyun, Huang BaiMing, Zhao Feiyang, and Qi Yunxiang were all there.

Seeing the situation, Chen Yang guessed that tonight's topic would definitely be about stocks.

Because there were many people, the meeting was held in the small bar where Chen Yang had watched the World Cup last time.

Yexin had the staff clear the area before letting everyone sit at the large bar in the center of the bar.

Chen Yang, Lan Qiyun feels the recent heat in the automobile sector has already exceeded its peak, suggesting the company gradually withdraw all funds. What do you think?

Chen Yang took an orange from the bar, peeled it while speaking: 'Although I have withdrawn all my funds, I still remain optimistic about the sector's continued heat.'

However, when a stock rises to a certain height, it is highly likely to diverge. Some are optimistic the price will keep rising, some think it will start falling. If bearish capital exceeds bullish capital, the stock will inevitably enter a correction cycle.

If this cycle lasts only one or two days, I consider it normal. If it exceeds that time, it indicates most capital no longer favors the stock's outlook, so we can gradually withdraw all funds.

After Chen Yang finished stating his opinion, he began eating the orange. Although he is a shareholder of Starlight Finance Investment Company, Yexin is the one who ultimately holds decision-making authority.

Yexin looked at Qi Yunxiang sitting beside Chen Yang and said, 'Manager Qi, may I ask boldly, does Xingcheng Securities have many retail investors holding Yong'an Automobile and Southern Automobile stocks?'

Qi Yunxiang said, 'Since we hype these two automobile stocks red, our company has at least twenty thousand users who bought automobile sector stocks. Among them, shareholders holding Yong'an Automobile and Southern Automobile account for three-quarters.'

Upon hearing that, Yexin also asked Lan Qiyun beside her, 'Lan Qiyun, what do you think?'

Lan Qiyun said, 'The stock is already at a high level, and there are many retail investors; it will be very difficult to push the price higher afterward. Because retail investors are the group most likely to flee in this process. Once they run, they will drive other swing groups to join the bearish market. In that case, the stock will inevitably enter a declining state.'

Therefore, we must first withdraw at least half of the funds. After those wavering retail investors leave, we will launch a counterattack.

Seeing that Chen Yang and Lan Qiyun both believed the stock would correct, Yexin already had an answer in mind. She then looked at Qi Yunxiang and said:

'Manager Qi, we won't hang the limit-up buy orders tomorrow. After the collective bidding starts, we will directly sell all the stocks we hold.'

Qi Yunxiang asked, 'Manager Yexin, are you preparing to sell everything?'

Yexin nodded and said, 'We'll sell depending on the situation, as much as we can. If it truly hits the limit-down, that's also beyond our control.'

'All right!' Qi Yunxiang sighed; it seems tomorrow we'll have to strengthen security at the company entrance again.

At this moment, Yexin turned her gaze to Chen Yang. 'You little brat, today I can let off your responsibility for fleeing early. But after this automobile sector heat ends, you must prepare in advance the company's next strategic target.'

Chen Yang pointed at Lan Qiyun and said to Yexin, 'Big sis, the company clearly has more capable traders; why do you insist on not letting me go?'

Yexin laughed and said, 'Although your technique is not as good as Lan Qiyun's, your stock-picking vision is unique among us. Since I've known you, almost every stock you've been involved in has surged greatly. You say, if I don't entrust this work to you, who else could I entrust it to?'

Lan Qiyun also echoed, 'Senior, I still need to learn a lot from you regarding stock selection.'

Chen Yang temporarily had no new target, so he told Yexin, 'You first sell all the stocks in hand. The next target, I still need to go back and research.'

'Good!' Seeing Chen Yang agree to look for a new target, Yexin immediately announced the meeting's end.

Then Yexin arranged for everyone to have a small celebration of the stock market's bounty at Carefree Residence.

After eating and drinking to his fill, Chen Yang directly slept in a guest room at Carefree Residence.

After waking up, he took his laptop and checked the stock market situation.

February's heat was on banks, securities firms, automobiles, and Two Sessions topics, but the heat for banks and securities firms had already passed at the start of the month; going back now wouldn't yield much profit. It's better to continue speculating on automobile topics.

Moreover, March's heat, following convention, is definitely technology and agriculture. Between these two sectors, Chen Yang is more optimistic about the agriculture sector. Because this year's Two Sessions emphasized strengthening agricultural infrastructure, improving rural transportation, and promoting agricultural industry upgrading. Therefore, topics related to agriculture will inevitably see a big wave of heat.

Most importantly, the S virus epidemic is about to break out. Domestic and international stock markets will inevitably experience significant fluctuations due to its arrival.

In this situation, agriculture and the medical sector related to the epidemic are the best safe havens for investors. Capital will also cluster here.

Therefore, as long as we can pre-position ourselves before this, we will surely obtain the maximum profit.

Chen Yang roughly surveyed the agriculture sector and ultimately set Southern Seed Industry as the new target.

Southern Seed Industry, due to poor performance last year, saw its stock price drop from ten yuan to five yuan, halving. On the forums, a large number of retail investors are begging for capital to take over.

Such an environment is the easiest to absorb shares.

Chen Yang shared his idea with Yexin. She then consulted Lan Qiyun's opinion, and finally decided to pre-position in Southern Seed Industry.

After Chen Yang completed the task entrusted by Yexin, he drove to ICBC and transferred fifty million yuan to the corporate account of the Ordinary People's Agricultural Products Trading Company.

This sum, plus the one hundred million yuan loan from Xingcheng Bank, is already sufficient to handle the user acquisition campaign promotion of the e-commerce platform.

Meanwhile, under the joint dumping by Starlight Finance Investment Company and Xingcheng Securities, the upward trend of Southern Automobile and Yong'an Automobile stocks was broken again. After opening, the price rose only two points, then began to continuously fall, ultimately hitting the limit-down at the close.