Chapter 727
Tang Qingquan, this Chen Yang is really hateful! By doing this, he's completely messed up the plan we carefully arranged.
He's a stock god, with an outstanding position in the financial world; a simple call from him draws thousands of followers. We can't afford to offend him!
Hmph, does he really think he's a savior? I hope after tonight he still can manage a smile.
President Wu, I'm not getting involved in this. You know my father has already issued a strict order forbidding our family from causing trouble for that person again.
Fine, then just enjoy the show!
At this moment, Chen Yang still didn't realize he had unintentionally offended another big shot in Modu's financial circles.
Because the US stock market wasn't stable enough, he didn't rest until 4 a. m.
As a result, he hadn't slept long before Chu Min called him awake.
"Honey, I don't know which bastard is spreading rumors again, but online it's all negative news about you. President Shen and President He have called several times; you can hear how anxious they are. You should get in touch with them."
Chen Yang actually realized that once he became the focus of the entire financial circle, this outcome was inevitable. After all, the Shanghai Composite's short-term pullback was exactly the best opportunity for the manipulators and hot money to accumulate shares, and his intervention actually cut off their financial lifeline.
However, Chen Yang was also quite helpless. Most of his idle cash was overseas, and the funds he could mobilize in his personal account were very limited. As for the company's funds, if the amount to be used is very large, regulations require not only board approval but also prior information disclosure.
Otherwise, he would have loved to quietly get rich alongside those manipulators.
After washing up, Chen Yang didn't rush to call Shen Anna and He Wanqiu; instead, he went online to check the news. He found that most of the negative comments online accused him of disregarding shareholders' interests and illegally diverting listed company funds to trade stocks.
Besides that, some topics accused him of conspiring to lure retail investors into buying shares of Tianqi Pharmaceutical and Laobaixing Agricultural Products Trading Company, thereby helping Xingcheng's hot money cash out quickly.
Although these rumors don't hold up under scrutiny, if they aren't controlled in time, they can easily cause serious problems.
Shen Anna and He Wanqiu urgently seeking him out likely means the crisis PR has failed.
Chen Yang called Shen Anna to confirm, and indeed it confirmed his guess. Although major portals had deleted many related topics, new ones sprang up like bamboo shoots after rain.
It's quite evident that the background of the person behind this attack on Chen Yang must be very strong. Those internet bigwigs dare not offend either side, so they can only sit on the fence. Deleting posts without blocking IPs means the rumors will continue to affect netizens' emotions.
And this outcome is most detrimental to Chen Yang, who is out in the open.
As expected, at the opening auction, the shares of Laobaixing Financial Investment Company and Tianqi Pharmaceutical Ltd. both opened five points lower.
Chen Yang thought for a moment, then posted a message on the official website of Laobaixing Financial Investment Company: "The national economy is growing at over ten percent annually, yet some people maliciously short the stock market, ruthlessly harvesting blood-stained chips—this behavior is truly lamentable. The righteous path is full of vicissitudes; even if you can temporarily control the media, you cannot deceive the people's discerning eyes. Funds are currently ambushed in the power and pharmaceutical sectors—welcome to the fight!"
After the message was posted, it was quickly reposted by major portals. Immediately afterward, stocks in the power and pharmaceutical sectors collectively rose, with several hot leading stocks hitting the limit up.
Naturally, the stocks of the two companies under Chen Yang's name also hit the limit up.
At the same time, a group of people in a major client room of the China Securities Modu Branch found themselves caught in a dilemma.
"President Wu, with all the funds and retail investors scrambling for power and pharmaceutical sector chips, should we withdraw first?" Tang Qingquan felt bitter inside! After great difficulty ambushing into the power sector, he never expected to collide with Chen Yang.
These people have recently engaged in frequent battles with Xingcheng Securities' hot money, and they are very aware of the risks of riding together.
Moreover, Chen Yang, as the leader of Xingcheng Securities' hot money and widely recognized as the domestic stock god, makes the danger of riding together all too clear to Tang Qingquan.
"No, withdrawing now would leave us with hardly any profit." The man whom Tang Qingquan calls President Wu gritted his teeth and stared at the computer screen. His team had struggled for a week to gather enough cost; how could they bear to quit easily?
"Damn Chen Yang, playing like this—doesn't he fear provoking public outrage?"
"President Wu, I told you not to provoke him, but you just wouldn't listen." Although Tang Qingquan dislikes Chen Yang, he truly does not want to be his enemy in the stock market, because he knows Chen Yang possesses not only superbly keen market intuition but also a secret weapon with astonishing destructive power.
Once that weapon is unleashed, even Warren Buffett himself visiting Beautiful Country would likely be frightened out of his wits.
"Tang President, you've only lost to him once—how did you become so jumpy?" President Wu was dissatisfied with Tang Qingquan's attitude and reminded him: "They have seventeen billion yuan in funds in there; could they possibly outrun us?"
Tang Qingquan solemnly told President Wu: "Based on my understanding of them, they have surely already started reducing their positions today. If we don't withdraw, tomorrow at the opening auction they will definitely liquidate all their remaining shares."
Upon hearing this, President Wu hesitated immediately. He told Tang Qingquan: "That guy just posted a righteous-sounding statement on the official website, stirring up investors' emotions. If we run now, aren't we afraid of being despised by tens of thousands?"
Tang Qingquan snorted coldly and said: "President Wu, if you've already earned enough profit, would you still care about the life or death of fellow investors riding together?"
President Wu shook his head very decisively.
Tang Qingquan took a deep breath and then continued: "President Wu, no matter what you think, I certainly don't want to be a sucker. Even if we're not in the power and pharmaceutical sectors, with market sentiment running high, there are still profits to be made."
Seeing Tang Qingquan's resolve, President Wu could only grit his teeth and issue a sell order to the traders below.
Meanwhile, Tang Qingquan is no longer the vice president of East Prosperity International Securities Department; he is merely trading with his personal account. His liquidation speed is even faster than President Wu's.
However, the enthusiasm in the power and pharmaceutical sectors far exceeded Tang Qingquan's and President Wu's expectations. Even if they dumped all their holdings at once, it wouldn't make a ripple.
What they found even harder to accept was that the power and pharmaceutical sectors remained in an upward trend over the next three days. Contrary to their expectation that Chen Yang would flee early, he never made a sell move at all.
"What the hell is this Chen Yang trying to do?"
"I don't know; perhaps this time he really wants to be a savior..."
End of Chapter
