Chapter 171
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Protagonist:
Chen Yi
Half a month later, the great uncle's transfer order finally came down.
Minister of the Comprehensive Planning Department under the General Equipment Department—though no longer the top person, it was still a move to the center of Xijing, counting as a promotion, and the family celebrated for a good while.
But after the celebration, everyone quietly adjusted their way of working.
After all, Chen Guoliang's departure meant that the family's most powerful figure was now Deputy Mayor Fang Zhennan and District High Official Chen Rongjie; even Chen Rongxi, who didn't understand political hierarchy, knew: Deputy Mayor wasn't such a big deal, and a District High Official was nothing once outside the High-tech Zone.
In the blink of an eye, the Jiangning Chen Family had to live off its old accumulation again.
Chen Congyu sighed at home: business wasn't easy anymore.
Still, talk was talk—the Jiangning Chen Family's network of connections accumulated over so many years remained, and there were quite a few aristocratic families on good terms, such as the Han Family and the Liang Family. These were relationships passed down from the older generation; the second and third generations had played together since childhood. As long as they kept a low profile, it was actually safer than in recent days.
Chen Yi handed Jinsheng Securities over to Fang Zhong to manage, and he himself only occasionally appeared at recruitment interviews. Including Luo Xiaoshan and Liang Yu, all were hired by him into the securities company.
China's securities laws were imperfect, and the securities regulator's power was limited. With such favorable conditions, legitimate securities behavior became foolish conduct. Anyone who really wanted to make money had to operate within the bounds of the law, taking an edge-hugging route.
Aristocratic scions like them had background, connections, and money—good conditions most aristocratic scions lacked—so the stock market was practically a born money tree. Back in the early 1990s, those illiterate thugs loitering by the riverbank, with millions snatched by force, could amass hundreds of millions in just a year or two, living in five-star hotels every day, playing with women and giving diamonds... Later, the children of high-ranking cadres heard about it and all rushed in, and only then did the thugs' good days come to an end.
But those who successfully laundered their money and came ashore were still playing in the market with great success.
They actually didn't need to understand anything; just open the Americans' securities law, find the regulations the Americans prohibited but China hadn't yet prohibited or that unwritten rules allowed, and that was practically glimpsing the secret to making money.
In Anglo-American law, case law predominates; even statutory law is constrained by case law. Under these circumstances, if the American Securities Committee wanted to reject a certain securities practice, there was basically a case to follow.
Therefore, just find any law student who understands English, translate those cases from American securities law, pick a few, and they could be directly copied in China. Falsifying financial data, violating information disclosure, rat warehouses, indirectly manipulating the market, arbitrarily changing fundraising purposes—all were profitable edge behaviors.
Various methods, the only test being capital density and depth of background. The former determined the amount of money made; the latter determined the ability to retain funds. Third World financial markets were basically like this—learning from Europe and America, but because they lacked Europe and America's sound legal system, or their own deeply rooted corruption and malfeasance could not be eradicated, the financial casino became a financial fraud den.
Many bold types who couldn't make it on Wall Street played with great success in the Third World, as if moving from the rigorous rules and complex conditions of the Amazon River to a small lotus pond; once they adapted to the environment, they immediately became piranhas that ate everything.
Wall Street merchants actually envied those equivalent big crocodiles in the Third World, but unless they gave up their lives in America, they could only obediently obey their own country's overseas laws—laws enacted precisely to avoid killing the hen that lays golden eggs.
As for infighting within the hen coop, they didn't care.
Jinsheng Securities, with powerful facts, proved they were the strongest chickens.
The investment department staff led by Fang Zhong were best at forming cliques. They wined and dined everywhere, bribed and pulled strings, all to obtain various information. Managers above middle management even helped some companies falsify reports, borrow funds to raise and lower stock prices, trade privately... Whether the securities commission saw it or not, the profits were taken home anyway.
A market with 50 billion in daily turnover could certainly accommodate daily profits of several hundred to a thousand million. With the passage of time, there would be more and more; although the proportion and amount were still small, the development potential was great.
After all, Gold Source International on Wall Street had seen its profit growth hit a bottleneck.
The increase in bank figures affected the Chen Family far more than it affected Chen Yi.
Money gives heroes courage. The Chen Group, freed from the debt crisis, was at most an ordinary group company; but with hundreds of millions of US dollars in bank deposits and billions of US dollars in bank loans backing it, it became strong as a pillar holding up the sky.
Even Old Chen had started receiving guests again. Nothing in the world is isolated; if the Chen Family's descendants could, by their own strength, reach the level that other high-cadre children's families could reach, then Old Chen returning to the path of high cadres was not impossible.
Having lived in the center of power for decades, he might not be attached, but he certainly missed it.
By contrast, Chen Yi instead slowed his pace.
The crisis at Binjiang Metro Station not only made him nervous, but also gave him time to re-understand the world—time was the greatest reliance!
With time, he could unleash the power of the Magic World.
"Accumulate grain broadly, delay proclaiming kingship."
Chen Yi silently recited it, walked onto the tennis court, and greeted the classmates around him in a friendly manner.
For most of the past semester, he had been busy developing his own power; even when occasionally attending class, he was racing against every second, hanging an Intelligence Scroll, thinking with all his might, completely ignoring what the people beside him were doing, let alone making new classmates.
But now, the family was stable, the metro was running normally, and his always tense and intense mood relaxed. Standing on the tennis court again, even his desire to win had diminished considerably.
After three balls were hit, Fei'er on the opposite side pouted her lips and said: "I want to see a violent ace."
"You can't return it anyway." Chen Yi smiled and served another ball, soft, with a speed of only 90 kilometers.
Of course, this so-called softness was relative to his own ball speed.
Fei'er ran with the little white rabbit, and with difficulty returned it with a backhand; Chen Yi hit another drop shot, sending it to the other side.
Needless to say, giving up was the only choice.
Liang Yu laughed and clapped at the sidelines, saying: "Chen Yi, your ball speed is slower now, but you play better."
"Of course." Chen Yi sat back without yielding. He didn't need to compete on anger; just his muscle strength was better than the strongest tennis athlete, and the stability of his shots naturally had the best guarantee.
Fei'er sweated like rain, thoroughly soaked a whole towel, then sat beside Chen Yi and acted coquettishly: "You did it on purpose, right. Making me run back and forth."
Chen Yi smiled silently, saying nothing.
The short skirt and the little white rabbit's jumping were indeed very testing.
Han Jie appeared before everyone in a pure white little dress, waving her racket and saying: "Chen Yi, play tennis with me."
Chen Yi smiled, raised his eyebrows, and stood up.
Behind him, Fei'er grabbed him, stamped her foot, and said: "You haven't played tennis with me at all."
"Didn't we just play?"
"That was Fei'er playing with you, not you playing with Fei'er." Fei'er tightly grabbed Chen Yi's arm and wedged it between her two little white rabbits.
Han Jie ignored them, stood on the court by herself, got into a ready stance, and gently shook her waist and legs.
Her figure was quite well-proportioned; after putting on the little white dress, she looked more like a uniform temptation than a professional player.
Chen Yi laughed awkwardly twice, not knowing how to explain, when Fei'er let go of his hand, ran to the middle of the court, and shouted: "Go for it, Tennis Prince."
Luo Xiaoshan couldn't help it, clutching his belly and laughing on the ground.
Ren Yuan looked at the people watching around them, shook his head, and said: "If China learned from Americans to hold elections, Chen Yi could at least become a governor, the governor of Jiangning Province."
"Oh." Liang Yu politely responded.
"You could at least become a deputy governor." Ren Yuan glanced at him, brought out the words he had prepared for a long time, and said: "No way, 'Since Zhou Yu was born, why was Zhuge Liang born?' Chen Yi does nothing at all, yet has connections..."
Liang Yu gave him a smile-not-smile glance, not taking up the conversation.
The provocation had no effect; Ren Yuan sighed in secret disappointment.
The "pa pa" of tennis balls landing came, and everyone began to applaud naturally.
Chen Yi and Han Jie played very relaxedly, without strong smashes or fast-paced net interceptions, more like a practice match or training.
Thus, the onlookers suddenly found it dull.
The two played happily, as if it were low-intensity post-meal exercise.
About half an hour later, Han Jie could not run anymore, waved her hand to stop, and said, "I didn't expect that after entering university, your constitution keeps getting better."
Chen Yi laughed and said, "I have a secret manual; want to learn it?"
"Seeing you became master to that naked bear, truly a strange name," Han Jie said, then added, "I heard your Jinsheng Securities is doing quite well?"
"Interested in joining a share?" Chen Yi pulled Luo Xiaoshan and Liang Yu in; they only provided inside information and were paid per instance, and if they actively participated in some internal behaviors, they would be allocated by proportion. After one month, they each had several million in income, quite a lot for students, equivalent to a Ferrari each time.
For Chen Yi and his company, making money through inside information was easiest; besides capital investment and market manipulation, there were not too many costs. Bringing in Luo Xiaoshan and Liang Yu not only fully utilized the company's funds, but also indirectly pulled the Liang Family and Luo Family into the team.
If they could also pull in the Han Family, this tiger skin would be woven firmly.
"Don't think nonsense!" Han Jie said, waving her racket, "I'm just giving you a reminder; I heard your capital amount is especially large, no need to borrow money from the bank."
"That money was also borrowed."
"Why not invest in Southeast Asia? Malaysia has opened up the financial sector starting this year."
Chen Yi said in surprise, "You know quite a lot? Could you be a financial genius?"
"What are you talking about, I heard it from home; let's play another game!"
……
End of Chapter
