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Chapter 576

~7 min read 1,268 words

"Are you guys cheating?" Chu Ning didn't know who Chen Yang was on the phone with, but she was also an old stock investor, so she understood some of the manipulators' tricks.

"Miss Chu, don't worry about so much; just buy Yun Cheng Bio's stock after the market opens this afternoon when the timing is right." Chen Yang felt that to dispel Chu Ning's "financial poison" curse, he could only rely on capital's power.

If Qi Yunxiang can't hold up there, he will use his own funds to continue cooperating.

Of course, when Chen Yang picked stocks, he also favored Yun Cheng Bio because its share price wasn't high. After Lan Qiyun helped Chen Yang sell the Yun Cheng Bio shares held by Tianqi Pharma, the share price has now fallen to 21.5 yuan.

If Qi Yunxiang hits another limit-down, the price will drop to 19.35 yuan. That's only 0.35 yuan higher than when Chen Yang entered.

Buying at this price, the safety margin is very high. If Chu Ning still can't profit, then he has nothing more to say.

Although Chu Ning disliked Chen Yang's method, she wanted even more to break her own "financial poison" curse. She had Xiao Hong arrange a nice meal and drinks for Chen Yang and the two others, while she herself sat at the computer to study Yun Cheng Bio's stock.

However, she looked at various technical indicators but still couldn't see what speculative value Yun Cheng Bio's stock had. A stock with absolutely no positive news actually inexplicably put on two consecutive limit-up days.

Chu Ning suddenly understood and said to Chen Yang, "Those two consecutive limit-ups of Yun Cheng Bio couldn't have been engineered by you and your friends, could they?"

"Pretty much!" Chen Yang didn't deny it. He actually bought Yun Cheng Bio just to ride the hype of pharmaceutical stocks. He didn't expect Qi Yunxiang to also join in for the fun, and then he brought in other capital as well.

Chu Ning asked, puzzled, "Aren't you worried that their company might blow up internally and trap you?"

Chen Yang recalled that Yun Cheng Bio had indeed been ST-ed before, but he wasn't sure which year. After hearing Chu Ning's words, he suddenly had an ominous premonition.

So Chen Yang immediately called Lan Qiyun: "Junior sis, you haven't bought any Yun Cheng Bio stock, have you?"

"No, what's up?"

"Good, if Yun Cheng Bio's stock moves this afternoon, you must absolutely not get involved."

"Okay!"

After hanging up, Chen Yang immediately called Qi Yunxiang: "Mr. Qi, after selling Yun Cheng Bio's stock this afternoon, remember not to buy it again."

"Director Chen, I just received news that a major shareholder of Yun Cheng Bio has been taken away by the police for investigation. It's said to be serious. I was about to notify you." Qi Yunxiang was a bit surprised, because this was exclusive information he had bought for 500,000. He was about to tell Chen Yang not to buy, but didn't expect Chen Yang to have received the news earlier and even proactively remind him.

This friend is still quite loyal!

"Mr. Qi, don't hesitate too much; when it's time to cut losses, you must cut losses." Chen Yang reminded Qi Yunxiang while giving Chu Ning a wry look, and said, "The influence of the 'financial poison' is indeed extraordinary. Before even entering the market, he had already thrown a financial bomb in."

Chen Yang, did Yuncheng Bio really blow up? Chu Ning looked at Chen Yang with an incredulous gaze. She had just casually voiced her thought, never expecting it to come true immediately...

"It's just a coincidence!" Chen Yang also felt a bit doubtful, then said to her: "Pick a few more pharmaceutical sector stocks, I'll give you some advice."

Chu Ning hesitated a moment, then finally turned her attention back to the computer.

This time, she didn't study technical indicators, nor did she pay attention to the stocks' popularity; she directly picked three stocks at random for Chen Yang to choose from.

Chen Yang chose one of them that had stable performance and was still in an uptrend.

After the afternoon market opened, Chu Ning quickly placed an order to buy two million yuan of the stock Chen Yang had chosen. Then she shifted all her attention to Yuncheng Bio.

As expected, Yuncheng Bio's stock indeed began to fall rapidly, hitting the limit down in just fifteen minutes!

This result caused Chu Ning, who still clung to a sliver of hope, to shut down completely.

However, the nightmare was not over yet.

After Yuncheng Bio hit the limit down, the stock Chu Ning bought also fell rapidly. The other two stocks she hadn't bought likewise followed suit, and the entire pharmaceutical sector suddenly collapsed.

"Director Chen, what's going on? Could it be that the operators of these stocks are all sitting in the same room?" Luosen rarely saw a series of stocks collectively plummet without major negative news; he felt it was a prearranged scheme.

Chen Yang soothed Luosen, saying: "Director Luo, many of these stocks are surely being led by capital, resulting in collateral damage. Once things are fixed, they should still be able to gradually rise again."

Chu Ning and Luosen felt somewhat better upon hearing that. Unfortunately, until the market closed, the stock Chu Ning bought did not rebound; not only did it not rebound, it fell another point.

After the market closed, Chu Ning immediately checked the forum for related information and discovered that the official website had just released a notice saying a major shareholder intended to reduce holdings.

She also looked at the other two stocks, and they too were accompanied by various negative news.

This outcome left even Chen Yang, who had been watching the spectacle from behind, speechless.

His mission was to come help Chu Ning shake off the "financial poison" label, but he hadn't expected not only to fail, but also to drag down the entire medical sector.

At that moment, Chen Yang's phone suddenly rang. It was He Wanqiu, the president of Tianqi Pharmaceutical, calling.

"Boss, Elder Ye of the board thinks our company has no future relying on stock trading to prop up its financials, and is preparing to sell the one percent of the company's shares he holds."

"Let him sell it to me!" Chen Yang, although he had just heard another piece of bad news, still had confidence in his company's prospects.

He Wanqiu said somewhat glumly: "Boss, he said he doesn't want to sell to anyone inside the company."

"That's not up to him; our contract clearly stipulates a preemptive right to purchase other minority shareholders' shares." Chen Yang smiled, comforting He Wanqiu a bit, then ended the call.

Since it's only a minor shareholder reducing holdings, ST Tianqi's subsequent share price shouldn't fall too excessively.

What's giving him a headache now is how to resolve Chu Ning's problem.

"Chu Miss, why don't you just hand over your account for me to trade?" Chen Yang now could only hope that Chu Ning's account had some hidden edge and could still be rescued.

Chu Ning hesitated a moment, her face showing an expression of extreme unwillingness.

Beside him, Luosen, worried that Chen Yang might change his mind, also urged: "Chu Ning, let Director Chen give it a try! If it really is your problem, at least we can earn back the money we previously lost."

Chu Ning glared at Luosen, annoyed, but in the end she handed over both today's trading account and her US stock account to Chen Yang.

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End of Chapter

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