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Chapter 386: Another Battle in the US Stock Market

~7 min read 1,234 words

Qi Yunxiang and Chen Yang had recently traded Cloud City Biotech together, but because the epidemic in the south did not spread, the hype quickly faded.

Since Chen Yang had already received insider information, he no longer hesitated and directly ordered the company's traders to go all in on Cloud City Biotech.

Of course, Qi Yunxiang was not in a rush to push up the price; he also wanted to accumulate more chips like Chen Yang.

However, the movement in the medical sector quickly caught Lan Qiyun's attention, and she immediately reported to Yexin that a large amount of funds had entered Cloud City Biotech.

Yexin saw it was Cloud City Biotech and immediately thought of Chen Yang. "Lan Yatou, quickly buy into epidemic-related medical stocks. Chen Yang just got off the phone with me, and the medical stocks rose—nine times out of ten it was him who lit the fuse."

Lan Qiyun quickly opened the medical sector, and besides Cloud City Biotech she picked a few other hot medical stocks. Then she directed the company's traders to start building positions.

After the joint intervention of Starlight Financial Investment Company and Xingcheng Securities, the medical sector's heat surged. Traders smelling opportunity rushed in, and within just half an hour, the entire medical sector had six stocks hit the limit up.

Moreover, Yexin was not satisfied and ordered Lan Qiyun to sell off all shares of Southern Seed Industry, continuing to add to the medical stock positions.

This one out, one in, another two medical stocks were dragged to the limit up!

Watching this miraculous scene, Yexin couldn't help but exclaim to Lan Qiyun, "Lan Yatou, your senior truly has heavenly vision—every time he precisely catches the hot trend!"

Lan Qiyun laughed, "Isn't this great? We can follow along and make big money, even more than him."

Yexin couldn't help but curl her lips into a smile; this is what she likes most about Chen Yang. Not only does she make money, but she can also bring them to enjoy the good life.

Too bad this guy isn't focused on his proper career, putting all his energy into investing in real industries.

Yexin suddenly thought of something and immediately told Lan Qiyun, "Quickly research the US stock market to see which medical stocks are worth investing in; tonight we'll go earn some American money."

Lan Qiyun hesitated a bit, then told Yexin, "Sis, I'm not very confident about the US stock market; maybe we should consult the senior instead."

Yexin waved her hand and said, "That guy is busy cuddling his wife at night; he has no time to research the US stock market. Now the S virus has already spread overseas—you could close your eyes and buy medical stocks and still make money; it's just a matter of how much."

Lan Qiyun found Yexin's words reasonable, so she opened the US stock market and began searching for suitable medical stocks.

Meanwhile, Yexin and Lan Qiyun didn't know that Chen Yang was also researching the US stock market.

Twin Phoenix Town has more than twenty villages; each village's vegetable greenhouse base is calculated at ten million, totaling over two hundred million. According to the agreement, Chen Yang must invest at least over one hundred million.

To help Lin Wei rise quickly, Chen Yang had already mentally prepared himself to lose everything invested.

And he planned to make up for this loss from the US stock market.

Chen Yang's HSBC Bank account originally had 410,209,000 USD; buying shops in Deep City cost 40 million RMB, and he also spent 500 million RMB partnering with Zhu Zhu to build a commercial building in Deep City. The account now has 349,979,400 USD left.

Moreover, he still holds 10 million shares of Some Easy. This stock's trend is very good, already risen to fifteen dollars.

Chen Yang currently does not plan to sell the Some Easy shares, because this is not yet the stock's upper limit.

He searched the medical sector of the US stock market and finally chose a medical stock called GS Science.

Chen Yang favored GS Science stock mainly because he discovered the company focuses on developing antiviral drugs. Their research project matches up well with the S virus. As long as the hype is pumped up, regardless of whether they can actually develop an anti-S virus drug, investors will believe they have that capability.

GS Science's current stock price is eleven dollars. Since Chen Yang does not intend to hold long-term, he quickly bought in after the market opened, purchasing twenty-eight million shares at an average price of twelve dollars.

Chen Yang's series of operations immediately attracted global investors' attention; large amounts of funds followed, and the stock price directly rose to twenty-two dollars, double the opening price.

At this point, Chen Yang began slowly dumping his shares.

Because he knows these trend-following investors bought the stock based on the expectation that GS Science might have an effective S virus drug.

Once GS Science officially issues a statement clarifying they have no relation to an effective S virus drug, everyone will definitely sell their shares again.

So Chen Yang wants to play the time difference, selling as many of his shares as possible before the official statement comes out.

And his luck was good—GS Science's stock not only didn't fall, but also drove other medical stocks up together.

After Chen Yang sold all his shares, GS Science closed at twenty-five dollars, with intraday trading volume reaching three billion dollars.

Chen Yang's average selling price for this transaction was twenty-two dollars, with total profit reaching 279 million USD, bringing his total account funds up to 625,579,000 USD.

After finishing the trade, it was already 4 a. m. Chen Yang didn't want to wake Lin Wei, so he fell asleep directly on the sofa.

However, he didn't sleep long; before nine o'clock he was awakened by Yexin's phone call.

"You little brat, help me research GS Science stock to see if it still has room to rise."

Chen Yang didn't expect Yexin to also be watching the US stock market, and blurted out, "This stock is severely overvalued; better to wait and see before buying."

Yexin immediately sensed something off: "How do you know GS Science is severely overvalued, kid? Didn't you also watch the US stock market last night?"

Chen Yang said while yawning, "I bought GS Science at twelve dollars yesterday and sold at twenty-two; I didn't expect it to rise to twenty-five."

Yexin, hearing this, slammed her thigh in anger. Their medical stocks bought last night had risen, but only by three points, while Chen Yang's GS Science gained eighty-three points directly—this gap is too huge!

"Chen Yang, you heartless one, sis has always been good to you, yet you didn't even notify me when trading US stocks. When you return to Xingcheng, I'll definitely give you a good lesson!"

"Big sis, you're playing fine in the domestic stock market; how would I know you're suddenly interested in US stocks? Besides, I'm just here to make a little extra cash—I'll quit tomorrow."

"What do you mean? I just gained a little confidence in the US stock market, and you're quitting—are you doing this on purpose to piss me off?"

"Heaven and earth as my witness, I really am just casually playing around!"

"No way, tonight you have to take us out to play again!"

"..."

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End of Chapter

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