Chapter 481: The Fish Has Taken the Bait

Zhu Junhao saw Chen Yang still pretending to be foolish, saw no need for more talk, and said directly: "Chen Yang, don't think I don't know—your five hundred million yuan all bought Rivers and Mountains Automobile stock. This stock has hit the limit up for two consecutive days. Based on your past dealings with Yexin, this time it should at least double, right?"

Chen Yang said calmly: "Chairman Zhu, you really overthink it. If the stock price doubles, the insiders wouldn't go crazy dumping shares. I won't do something like lifting a rock only to drop it on my own foot."

Zhu Junhao stared at Chen Yang without saying a word for a full minute, then said in an icy tone: "Since you're unwilling to help me get rich, don't blame me for not helping you with anything from now on!"

Upon hearing that, Chen Yang feigned fear and said: "Chairman Zhu, don't get angry! If you're not afraid of risk, during tomorrow's collective bidding, I'll give you a portion of the stock."

Upon hearing Chen Yang was willing to share the meat, Zhu Junhao's anger turned to joy instantly. He couldn't wait and said: "Forget tomorrow—give me some now!"

Chen Yang said somewhat awkwardly: "There are hundreds of thousands of hands of buy orders on Rivers and Mountains Automobile right now; even if I dumped all my shares, you might not be able to take them."

Zhu Junhao's smile, just shown, froze instantly. "Chen Yang, is there any way to get them to withdraw their orders?"

Chen Yang thought a moment and said: "Chairman Zhu, how about we sign a stock transfer agreement, transferring part of my holdings to you? Whenever you want to sell, you can do so directly from my account. What do you think?"

"Fine! Let's sign it now!" Zhu Junhao nodded in agreement without hesitation.

Chen Yang then summoned Qin Qin, and in Zhu Junhao's presence drafted a stock transfer agreement. He transferred 100,000 hands of Rivers and Mountains Automobile stock to Zhu Junhao at a price of 18.15 per share.

After signing the agreement, Zhu Junhao immediately had his company's finance transfer the money to the public account of Commonfolk Financial Investment Company on the mainland.

After Zhu Junhao left, Chen Yang sent another message to Yexin, telling her the fish had taken the bait.

Over the next five trading days, Rivers and Mountains Automobile kept opening at the limit up, eventually pushing the share price to 29.3.

At that point, Zhu Junhao ran again to the Commonfolk Agricultural Products Trading Company, demanding Chen Yang immediately sell his 100,000 hands of stock.

Chen Yang readily agreed, then transferred the proceeds from the stock sale to Zhu Junhao's personal account.

The moment the money arrived, Zhu Junhao couldn't stop grinning. In just a week he'd made over a hundred million. He finally understood why Chen Yang's funds had risen so quickly.

"Chen Yang, the stock has nearly doubled—why aren't you selling?" Zhu Junhao noticed Chen Yang had sold only his own 100,000 hands and grew curious.

Chen Yang said calmly: "The heat around Rivers and Mountains Automobile stock hasn't faded; there are still hundreds of thousands of hands of buy orders each day, I feel it can rise further."

Zhu Junhao reminded Chen Yang: "Brother, don't be too greedy—take your profits when you can."

Chen Yang said with a smile: "Chairman Zhu, thanks for the advice, but I plan to wait a bit longer."

Seeing Chen Yang unwilling to listen, Zhu Junhao shook his head and walked away.

After he left, Chen Yang finally called Yexin.

Yexin, have your people watch the stock account movements of Wang Haifeng and his group. I feel they'll soon be unable to hold back.

Sure, I'll put out a word later saying we'll push the stock to sixty. I don't believe they won't be tempted.

Chen Yang fully agreed with Yexin's strategy. Only by doubling the stock can people's greed be fully provoked, especially those who think they know the inside story.

The next day, Lan Qiyun and Qi Yunxiang began selling off some shares, while Chen Yang continued to hold his position.

On the third day, Lan Qiyun and Qi Yunxiang sold off more shares, and Chen Yang still held his position.

During those two days, Zhu Junhao went daily to the Commonfolk Agricultural Products Trading Company to check Chen Yang's stock account. Afterwards, Yexin's side would call him to say that many more people at Wuyou Residence had bought Rivers and Mountains Automobile stock.

On the fourth day, during the collective bidding, Chen Yang directly sold all his remaining 230,000 hands of stock at 42 yuan each.

Adding the shares previously sold to Zhu Junhao, the total profit from this transaction reached 650 million.

After Chen Yang sold his Rivers and Mountains Automobile stock, Yexin and Qi Yunxiang also hurriedly sold their remaining shares, triggering a limit-down cascade. The price fell from 42.89 to 34.31.

After the stock hit limit down, Zhu Junhao, furious, rushed to confront Chen Yang.

"Chen Yang, what are you playing at? You said you'd push the stock to sixty—why are you crashing it now?"

Chen Yang looked at Zhu Junhao, puzzled, and said: "Chairman Zhu, when did I ever tell you I'd push the stock to sixty?"

Zhu Junhao was speechless for a moment, then said: "The intel I received was that you guys were going to hype the stock up to sixty."

Chen Yang sighed. Feigning displeasure, he said: "Chairman Zhu, you've been here these past few days; if you had a problem you should have asked me directly instead of believing outside rumors. I'm really a bit disappointed in you."

Zhu Junhao had been angry, but at this moment Chen Yang's question left him speechless.

Because Chen Yang never told him when to sell the stock, yet he kept taking outside rumors as Chen Yang's goal, ultimately misleading Wang Haifeng and his associates.

Seeing Zhu Junhao silent, Chen Yang feigned concern and asked: "Chairman Zhu, did you buy more Rivers and Mountains Automobile stock? You haven't lost much, have you?"

"I didn't buy any; it's mainly my friends who bought a lot, and they got badly screwed by you." Zhu Junhao looked at Chen Yang with a complex expression and whispered: "Can you compensate them for their loss?"

Upon hearing that, Chen Yang's face darkened, and he said angrily: "Chairman Zhu, that request is way over the top! I helped you earn a hundred million, yet you don't thank me and instead ask me to compensate your friends' losses. Do you think I'm just a sucker in your heart?"

Zhu Junhao immediately explained: "Chen Yang, I don't mean that. I just think you made plenty this time, so giving them a little compensation would be like making friends."

Chen Yang refused without hesitation. "Director Zhu, stock trading is normal market behavior. If everyone who loses money in stock trading asked me to compensate, even if I had trillions of wealth, I'm afraid it wouldn't be enough to toss around."

Zhu Junhao saw Chen Yang unwilling to give compensation, and spoke bluntly: "Chen Yang, the ones you screwed over this time are Chairman Wang and the major shareholders of Carefree Residence. If you don't give them some compensation, the East River New City project will really be ruined."