Chapter 482: Spending Money to Ward Off Disaster

Chen Yang pretended to be startled as he looked at Zhu Junhao, and only after a while did he say, "Chairman Zhu, I never expected Chairman Wang and his group to also buy shares of Jiangshan Automobile. But I didn't get them to buy the shares—this can't be blamed on me, can it?"

Zhu Junhao's face immediately turned ugly. Because it was him who got Wang Haifeng and the others to buy the stock. If Chen Yang isn't willing to compensate, then he'll have to bear this loss himself.

"Chen Yang, you know Chairman Wang's background. If you make him lose money, forget about the Dongjiang New City project—even your Common People's Agricultural Products Trading Company won't be able to establish a foothold in Xingcheng."

Seeing him use the Common People's Agricultural Products Trading Company to threaten him, Chen Yang laughed and said, "Chairman Zhu, don't you read the news? Secretary Cheng of the Provincial Party Committee and Governor Liu just came here to investigate. They clearly expressed their support for our company. If Chairman Wang tries to kick my company out because of his stock‑trading failure, I doubt Secretary Cheng and Governor Liu would agree, would they?"

"Chen Yang, you're really stubborn. I've delivered my words—if anything happens later, you'd better not come begging me." Seeing that threatening Chen Yang didn't work, Zhu Junhao could only leave in a huff.

Chen Yang had already greeted Sun Changqing, so he wasn't afraid of offending Zhu Junhao. After seeing him off, he immediately called Yexin.

"Sister Xin, Wang Haifeng and his group have already taken the bait—should we post a little article to add another blow?"

"No problem, I'll have Chief Editor Huang get the manuscript ready right away, trying to make them lose even more."

Chen Yang thought for a moment, then called Zhu Zhu and asked her to contact his financial‑media friends in Hong Kong to help leak an important piece of news about Jiangshan Automobile.

After everything was arranged, Chen Yang left the bodyguard with Shen Anna and drove straight back to Qingshui City to find some peace and quiet.

Because he knew well that if Wang Haifeng's people weren't freed from their positions, more acquaintances would be forced to come plead with him. To avoid embarrassment, the best way was simply not to see each other.

The next day, Jiangshan Automobile's opening price was again slammed to the floor!

In the VIP room of Dongjiang Securities, the usually refined and elegant Wang Haifeng fiercely smashed a computer monitor.

"Damn Zhu Junhao, daring to team up with Chen Yang to screw me over—you'd better hope I never find you!"

"Chairman Wang, I warned you long ago that Zhu Junhao is a plant sent by Yexin, but you refused to believe me."

"What's the point of saying that? You damn well spend all your time hanging out with him, and now you can't even find a person. You're useless!"

"Chairman Wang, this isn't my fault. If he's hiding at Mayor Sun's place and won't come out, I can't very well bring people to search the mayor's residence, can I?"

"Hmph, assign more people to watch Jiangmen Dao and Mayor Sun's residence. As soon as that bastard shows his face, bring him to me right away."

"Alright, what about Jiangshan Automobile'sstock? I've put the company's three‑hundred‑million‑yuan working capital into it—if I lose too much, my dad will skin me alive!"

"What should we do? How would I know what to do!" Wang Haifeng glared fiercely at Zheng Weimin. In the stock market, Yexin used to handle this for him. Now the two sides are enemies, and it's highly likely that she dug this pit for him—how could he possibly unwind his position easily?

He thought for a moment, then summoned Dongjiang Securities' senior stock consultant Tian Wen.

"Dr. Tian, do you have any way for us to unwind our positions quickly?"

Tian Wen adjusted the glasses on his nose, wore a solemn expression, and said, "Jiangshan Automobile has risen too wildly recently; even without bad news, a pullback is inevitable. In a situation like today's, where it hit the limit down at the opening, unwinding is extremely difficult."

"My personal suggestion is to first clear out the negative news outside, steady the retail investors' mood. As long as they don't act rashly, injecting a bit more capital to push the price up might just turn things around."

Wang Haifeng thought it over and found Tian Wen's analysis reasonable. However, the negative news about Jiangshan Automobile posted online—except for one called Qingwang—all came from websites outside Dongjiang Province. Clearing those would be beyond his capability.

"Dr. Tian, do you have a way to clear all that negative news?"

Tian Wen told Wang Haifeng, "I do have some channels, but you know the executives of those sites are very pragmatic—without some benefit, they won't readily take down those articles."

Wang Haifeng urgently needed to liquidate to cut his losses; since Tian Wen could solve this, he was naturally happy to spend money to ward off disaster. "Dr. Tian, go contact those websites' executives now and try to clear all the negative news today. If you get it done, money is no object."

Upon hearing that, Tian Wen immediately pulled out his phone and called the executives of the various portal sites.

After several rounds of negotiation, they finally paid each site 200,000 yuan in PR fees, and managed to clear the negative news.

With no negative sentiment interfering, Jiangshan Automobile's limit‑down sell orders immediately dropped by more than half; now only 300,000 hands of sealed orders remain.

At this point, Zheng Weimin couldn't wait and said to Wang Haifeng, "Chairman Wang, let's quickly buy some shares—maybe we can spur other capital to join and pry open the limit‑down board."

Wang Haifeng ignored him, turning his gaze to Tian Wen instead: "Dr. Tian, what do you think?"

Tian Wen pondered and said, "Chairman Wang, I suggest we wait a bit longer. The capital trapped inside is certainly not just ours. Only after someone else makes the first move can we step in and join forces to fully lift market sentiment."

As soon as he finished speaking, Zheng Weimin immediately retorted, "Dr. Tian, what if everyone thinks like us? If they don't act and we don't act, does that mean we'll all be waiting to die today?"

Tian Wen calmly told Zheng Weimin, "Director Zheng, if you're just looking to stop loss at today's price, not opening the limit down today isn't a bad thing. In the absence of good news, the risk and cost of unloading tomorrow will be even lower."

Zheng Weimin snorted coldly, "If we do nothing now and another negative piece of news pops up tonight, won't we have to spend more on PR again?"

Tian Wen nodded, "If the negative news is genuine, even if we use funds to pry open the limit down now, it will be immediately pressed down by short‑selling pressure. If the news is false, the securities regulator will certainly step in to investigate and clarify the rumor."

"Once the rumor is debunked, that'll be the best time for you to counter‑attack—you might even be able to recoup extra funds."

Upon hearing that, Wang Haifeng decided to accept Tian Wen's suggestion and first wait and see.

What he didn't expect was that a piece of news from Hong Kong would once again push Jiangmen Automobile to the headlines of all the portal sites.