A century-old wealthy family that rose from Shanghai

On this day, Yan Renmei invited Sheng Qi, Kong Lingyi, Zhang Hanfen, Zhao Yidi and Wu Jing to have a small gathering at the Shangri-La Hotel.

These are all her current best friends. Wu Jing is her cousin (that is, Wu Jing's maternal grandfather is Yan Xinhou, and her uncle is Yan Zijun), and the two have had a good relationship since childhood; and Zhao Yidie (that is, Miss Zhao Si)'s brother is Wu Jing's eloping partner, that is, Wu Jing is Miss Zhao Si's sister-in-law.

Therefore, after Zhao Yidi and Wu Jing returned to Shanghai, they immediately established a good relationship with Yan Renmei.

Six women were drinking afternoon tea and chatting on the fourth floor of the Shangri-La Hotel. This was the life of the upper class in Shanghai society.

"This Shangri-La afternoon tea is probably unique in the country. Just these snacks are enough to make people linger!" Zhao Yidie exclaimed.

Her current identity is Zhang Shaoshuai's secretary, which is obviously his lover. The two even had a son five years ago.

Yan Renmei said proudly, "Although these pastries originated from Western bread, they were created by our Chinese pastry chefs. Even if they were placed in France, no French chef would be able to beat them."

When talking about this, she was of course proud, because Chen Guangliang told her that these ideas were all proposed by him.

Blending chocolate and fruit into bread and cakes makes the originally monotonous bread and cakes more delicious.

Therefore, Shangri-La's afternoon tea has always been the most popular in Shanghai.

Kong Lingyi jokingly said, "Looking at how proud you are, I'm afraid all this came from your brother-in-law!"

Zhao Yidi and Wu Jing suddenly became curious. Could it be that Chen Guangliang, a wealthy businessman, is also a cooking god?

Yan Renmei smiled but said nothing. How could she tell these things?

Instead, Kong Lingyi later added, "Since its opening, Shangri-La has been constantly innovating. Songs like 'Rose Rose I Love You' and 'Night Shanghai' are exclusive to Shangri-La, not to mention novel innovations like the buffet and afternoon tea. So, my brother-in-law is quite good at this!"

For a while, she hated Chen Guangliang's "cheating", but Yan Renmei forgave Chen Guangliang, and she gradually no longer had that feeling. What's more, she has always admired Chen Guangliang's talent.

After she went to college, she became even more interested in art and music, so she had an even better impression of Chen Guangliang. After all, Chen Guangliang is so talented!

Of course, Kong Lingyi's admiration for Chen Guangliang was just a good impression, and she naturally didn't have any thoughts about it. After all, Yan Renmei was her good friend.

Sheng Qi smiled and said, "Ren Mei's husband is naturally good in everything."

Yan Renmei interrupted: "Godmother"

Sheng Qi stopped immediately and said, "Okay, if you don't want to talk about it, then don't talk about it. You are pampering him more and more now!"

When everyone was talking about this, Zhao Yidie felt a little embarrassed. Her current situation was the same as Jiang Meiying's.

However, in her heart, she still felt that Chen Guangliang was just a businessman and could not be compared with Young Marshal Zhang who controlled hundreds of thousands of troops (he had stepped down a long time ago, but his old subordinates were still there). Of course, this was just a matter of love.

At least, when the six women here talk about men, they prefer to talk about Chen Guangliang rather than Zhang Shaoshuai, who is "scorned by the nation" and "a drug addict."

Just when the girls were talking excitedly, Chen Guangliang also came to the Shangri-La Hotel. When he heard that Yan Renmei and the others were having afternoon tea on the fourth floor, he came up to say hello.

"How about it, do the snacks here suit your taste?"

When they saw Chen Guangliang coming, everyone was naturally very excited. Even Zhao Yidi, who was wholeheartedly obsessed with Young Marshal Zhang, couldn't help but sigh - even if she thought Young Marshal Zhang was better, she couldn't deny that Chen Guangliang was a charming man.

Kong Lingyi smiled and said, "You two like to brag, but I must admit that the dim sum here is the best."

Chen Guangliang stood behind Yan Renmei and said, "I don't dare to claim that title. Our Chinese cuisine is known all over the world. Even Shangri-La can't boast of this. But as for these breads and cakes, they are definitely much better than those in Europe. There aren't many delicious foods over there. And when they invaded China, they took everything except our food. It's said that they stole a recipe from Peking called douzhi, but they threw it aside when they returned home. It was so unpalatable."

All the girls started laughing. This joke from later times was enough to make everyone laugh for the whole day.

Kong Lingyi laughed so hard that she fell backwards, then she said, "Brother-in-law, aren't you afraid of being found out? If I accuse you of making fun of history, I think your reputation will be ruined!"

What's his reputation? This girl actually admires him!
Chen Guangliang laughed and said, "If we can't even face history squarely, how can we talk about becoming stronger? I'm not afraid of that!"

All the girls nodded.

After a brief chat, Chen Guangliang did not disturb everyone. He still supported Yan Renmei's proper socializing and not being a housewife. Because of this, he would take his wife to some charity dinners and social activities.

At the same time, Yan Renmei has also been in charge of some business activities and has become the "boss lady" of the Chen family.

In the issuance of government bonds in the Republic of China, it was stipulated that 60 yuan would be collected for every yuan. However, the operating practice left by Song Ziwen when he was the Minister of Finance was to mortgage the bonds to the bank at half the price, that is, yuan, and then send them to the stock exchange for auction. The market price was usually around % of the original price (that is, around yuan).

Finally, the Ministry of Finance and the banks settled the bills at a price half the market price. This allowed the banks to make a considerable profit, so they were all happy to purchase the bills.

For example, the face value of "Ersanguan" is 98 yuan, and the opening price is more than 60 yuan according to past practice, so the bank can get a profit of more than 10 yuan for each debt claim; while the Nanjing government actually collected 50 yuan per share. Based on the issuance of 5000 million "Ersanguan", the actual collection is million.

However, following the start of the "silver outflow" last year, the government bond market had fallen significantly from its peak in the first half of 1934. Therefore, the issuance of "Er San Guan" was particularly eye-catching.

This day.

Song Ziliang, who had always had a good relationship with Du Yuesheng, Huang Jinrong and Zhang Xiaolin, found the three of them. They all sat down in the living room on the first floor of Du's mansion and waved away the disciples below.

Song Ziliang is different from his brother Song Zaiwen. He is closer to his eldest sister, so he is one of the "three giants" of the Seven Star Company. The other two giants are Xu Kan and Chen Xing. Sister Song is naturally the leader.

The "Seven Star Company" is also known as the "Three No's Company", meaning "Xu Kan is unacceptable, Chen Xing is not good, and Ziliang is not good", which is a private joke among Shanghai businessmen.

"Three of you, I'm looking for you this time to give you a chance to make a fortune!"

After hearing this, the "three tycoons" were not very excited. Zhang Xiaolin and Huang Jinrong looked at Du Yuesheng instead.

Du Yuesheng was once cheated by Song Zaiwen and lost a lot of money, and finally even reported it to the commander-in-chief.

He asked cautiously: "Please tell me, brother."

Song Ziliang cursed the three men for being too cautious, then said, "We at Seven Stars Company are planning to speculate on the second and third Guan Gong bonds, so when the market opens, go ahead and lead your disciples in buying heavily. We will let you exit with a profit."

The Seven Star Company is not doing charity, but needs the "three tycoons" and their disciples to drive up the price of "second and third levels". The disciples of the three tycoons are also spread across various industries in the Shanghai Stock Exchange, and their influence is naturally not small.

The three tycoons knew that the Seven Stars Company had suffered a defeat since its founding, and they were ultimately the ones left to clean up the mess. Government bonds weren't a gold-backed market; those speculating in government bonds were banks and financial institutions, and they were investing real money (not futures). If they lost money, they couldn't get it back.

Therefore, Du Yuesheng quickly asked: "It is not a problem for us to drive up the price, but the market of the government bonds..."

Song Ziliang knew that if he didn't give them any confidence, the three tycoons would lose their confidence, so he said, "Don't worry, we have the cooperation of the Ministry of Finance this time, so we are absolutely sure to win. If you suffer losses, we are willing to compensate you. How about it?"

Du Yuesheng knew it was a sure thing, so he said immediately, "Okay, we will definitely push the price up two or three levels as soon as the market opens."

Why did his attitude change so drastically? Because Song Ziliang said that the Ministry of Finance would cooperate.

In fact, in the Seven Star Company, Xu Kan was the Deputy Minister of Finance (Executive Vice Minister) and Director of the Currency Department, and held the highest power of the Ministry of Finance to issue securities and trade. This one person alone had a lot of manipulation power when it came to speculating on government bonds.

Song Ziliang smiled and said, "Okay, then we hope you can bid as high as possible. Anyway, we have a way to make the price even higher."

The three tycoons did not hesitate and expressed their willingness to give their all.

Moreover, in their opinion, the Seven Star Company would not dare to mess with them. After all, Shanghai still needed the three of them.

Afterwards, Song Ziliang had a meal with the three tycoons, and they treated each other like brothers at the table, which made the three tycoons feel very honored.

In his dealings with the powerful, the "Big Three" like the Commander-in-Chief, Soong Tsai-wen, and Kong Xiangxi naturally treated the three tycoons with a "dog-raising" approach, being close to them when needed and discarding them when not (later generations in Hong Kong Du Yuesheng had recollections);

But Song Ziliang was different. He was sincerely socializing with the three tycoons.

In Jiang Meiying's company office, Hu Jinshun, assistant manager of Ping An Securities, was called over.

Ping An Securities now holds brokerage licenses at multiple exchanges and enjoys a high reputation. For example, it holds brokerage license No. 66 at the Huashang Securities Exchange (now the only securities and bond exchange in Shanghai).

"Assistant Manager Hu, the day after tomorrow the Huashang Stock Exchange will auction the 'Er San Guan' bonds. My wife, Miss Jiang, plans to buy heavily as soon as the auction begins, so I'd like you to help with the market."

When Hu Jinshun heard this, he immediately asked, "How much money do you have?"

At this time, Jiang Meiying took the initiative to say: "The total is 170 million yuan."

Hu Jinshun was a little shocked. This boss was really rich and even his concubine was so generous.

He then said: "With such a large amount of funds, it is easy for people to misunderstand that you are speculating on 'Second and Third Levels'."

Broker No. 66 is affiliated to Ping An Securities. Once a big deal is made, it can basically be confirmed that it is Chen Guangliang or Ping An Securities that is making the market.

What Hu Jinshun meant was whether or not to absorb it secretly.

Chen Guangliang said nonchalantly: "It's okay."

Hu Jinshun nodded and said, "Okay, I will make sure it's arranged."

He didn't ask any more questions, such as, is it still possible to invest in these 'second and third levels'?

毕竟自从1934年7月后，公债就跌的比较厉害，本来已经涨到60~70元的公债，如今又只有40~50左右。

According to past practice, the price of the "Second and Third Levels" must be around 60 yuan to be considered a successful issuance. In fact, there are also cases where government bond issuances have failed.

In recent years, the Nanjing government has been short of money, issuing more and more government bonds, and its credit has been gradually eroded.

However, in the securities market, government bonds are the biggest "speculative object", so many people still invest in them even though they know that there are some risks in government bonds.

It’s just like there are still people speculating on “delisted stocks” in later generations.

After Hu Jinshun left, Jiang Meiying came to Chen Guangliang's side, took his arm, and asked curiously, "What's the meaning of this 'Second and Third Level'? I see you have great confidence."

Chen Guangliang smiled and said, "It's just a ride. Someone will take us to Qingyun Road."

Jiang Meiying stopped there and said with a smile, "I just like the way you are mysterious and confident."

Then, she pecked Chen Guangliang on the cheek, showing her inner feelings.

Chen Guangliang took her hand and said with a smile: "That's right, otherwise how could I trick a beauty like you!"

Jiang Meiying said coquettishly: "You also know that you lied to me."

One is willing to fight and the other is willing to be beaten, it's just consensual.

The steps for the Seven Stars Company to hype up "Er San Guan" were very simple, because Song Ziliang was the chairman of the National Bank and the general manager of the Construction Bank, and he already controlled the positions of these two banks. The Seven Stars Company already had a batch of "borrowed" original shares of "Er San Guan" in its hands.

Next, the Seven Star Company will use public power and personal connections to gradually raise the price of the "second and third levels", and will also gradually involve the banking industry and eventually become their buyer.

Of course, there are indeed some tricks involved. Although Chen Guangliang doesn’t know the specific process now, as long as he keeps an eye on the actions of the Seven Star Company, he will definitely be able to take advantage of it.

The time soon came to March 3th.

At the Huashang Stock Exchange, the "Ersanguan" bonds were about to be auctioned, so the day was extremely lively.

In current securities trading, government bonds account for 80-90% of the market share, while stocks account for 10-20%, which shows how popular government bond speculation is.

Hu Jinshun waited anxiously, feeling that this "second and third level" held a profound significance. Otherwise, his boss wouldn't have been so cautious in instructing him to aggressively buy stocks at the opening. He had to remember that his boss hadn't been so aggressive in other transactions. It seemed as if this "second and third level" was about to be driven up immediately.

Soon, a securities company started auctioning the "Second and Third Levels", and the amount of the "Second and Third Levels" auctioned today will not be small.

The specific operation room is as follows:

The bank entrusts the securities company to auction the "Er San Guan". The bank and the securities company also hope to get a good price for the "Er San Guan", at least to keep it stable at more than 60 yuan.

If the price remains above 60 yuan, then major banks will auction off their "second and third levels" in succession. After all, when settling accounts with the Ministry of Finance later, the more they sell, the higher the commission will be.

"We are now preparing to auction the second and third level bonds. Please participate!"

Soon, securities companies began to auction the "second and third levels".

Hu Jinshun is also from a securities company. Ping An Securities will naturally auction the second and third stocks held by Ping An Bank this time. The only difference is the quantity and the time of the auction.

"60.05"

"60.1"

When the auction started, Hu Jin was the first to start taking the items, and his speed was even faster than that of the minions of the "Three Tycoons".

Soon, everyone noticed something unusual: as soon as the second and third level bonds opened for trading, the price was immediately rushed up, rising from 60 yuan all the way up to 62 yuan in just half a day.

This is immediately puzzling. You have to know that the price fluctuations of government bonds are very small. A fluctuation of 1 to 2 yuan a day is considered a sharp fluctuation. The maximum fluctuation when a major event occurs is only 3 to 4 yuan.

This led some people to speculate that someone was trying to hype up the second and third levels.

Of course, the old masters (financial experts) at the banks didn't think anyone could push the price up two or three times in such a market. Furthermore, there was no precedent for government bond prices to soar straight up from the start.

That evening.

Hu Jinshun reported his work to Chen Guangliang and Jiang Meiying.

"Boss, today the securities company auctioned off approximately 500 million denominations of Second and Third Gate notes (worth about 63.5 million), and we took a third of that. However, I've noticed that besides us, there seem to be two other forces driving up the price. By market close, the price of Second and Third Gate notes had already risen to yuan."

Chen Guangliang said with satisfaction: "Of course there are still people driving up the price. I will continue to buy tomorrow and try to use up all my money."

Hu Jinshun nodded and said, "Okay."

Since the boss was so confident, he also knew that the boss must have some hidden tricks up his sleeve.

To be honest, the opening price of Ersanguan on the first day was 63.5 yuan, which surprised everyone. Who is speculating on "Ersanguan"?

Today, someone asked Ping An Bank and Chen Guangliang whether they had heard any inside information, but found nothing.

the other side.

The three tycoons also gathered together. Although they did not show up today, they also entrusted their disciples to raise the price and absorbed one-third of the second and third levels.

As for the remaining one-third, the Seven Star Company must have absorbed it secretly.

Although the Seven Star Company has original shares of the "Second and Third Levels", it only controls the National Bank and the China Construction Bank. Therefore, it must also absorb from the market and is also the main force in raising prices.

Zhang Xiaolin said, "I heard from people down there today that Broker No. 66 at the Huashang Stock Exchange is frequently hitting the second and third levels. Could it be that Chen Guangliang is also involved?"

Chen Guangliang chose to play his cards openly and did not absorb them secretly. Otherwise, he would have also used secret cards, but secret cards are usually used at critical moments.

Du Yuesheng thought for a moment and said, "It's possible that the Seven Star Company has also contacted Chen Guangliang. After all, Chen Guangliang is considered a top figure in the Shanghai financial world."

Whether it is gold or government bonds, Chen Guangliang is the undefeated general in these markets.

Huang Jinrong nodded and said, "Having another force is good. It means that the Seven Star Company is going to make a big deal this time. This will reassure us and we will continue to raise the price tomorrow."

As if reassured, the three tycoons all expressed their intention to continue raising market prices.

Seven days later.

The price of "Er San Guan" has been hyped up to more than 70 yuan, which surprised the old financial wizards in Shanghai.

Everyone also analyzed and estimated this, and finally came to the conclusion: this price is unprecedented, the banking industry will not support it, and this market situation is absolutely unsustainable.

As a result, some banks took the "second and third level" treasury bonds pledged to them by the Ministry of Finance to the exchange to sell them and buy other treasury bonds at a 40% discount.

The bankers thought this way: According to the agreement, the Ministry of Finance will settle the price with the banks that pledged the "second and third level" treasury bonds within three months. In the past, the settlement was at half the market price. Even if it is raised this time, the settlement will be at 40% off. The banks will still make a profit, with no risk and as certain as Mount Tai.

The bankers who sold the bonds at the "Second and Third Levels" believed that the price at the "Second and Third Levels" could not be sustained above 70 yuan. They simply needed to buy them back at a lower price before the Ministry of Finance settled with them, thus avoiding any violations. (By law, banks must auction government bonds through securities companies and cannot sell them directly.)
In a villa in Shanghai.

Sister Song is conspiring with Xu Kan, Chen Xing and Song Ziliang.

Although Sister Soong held no official position in the Nanjing government, she was an expert at exploiting government connections to profit from speculation. She often spent her days at home studying economics, finance, and securities trading, and developed considerable experience. She had anticipated the potential for profit from the issuance of treasury bonds, even when T.V. Soong had first introduced them, and had once approached her younger brother, but when T.V. Soong remained silent, she abandoned the idea. Now that her husband had taken the helm of the Ministry of Finance, Soong Ailing was not about to miss this opportunity.

Xu Kan said happily, "Many banks have already been fooled. They have started selling their second and third level stocks directly on the market!"

The main strategist for this "second and third round" was Xu Kan, the Deputy Minister of Finance.

Beforehand, Xu Kan came up with the idea after repeated research. Based on the previous experience of issuing government bonds and treasury bills, he believed that it would not be particularly difficult to lure the banking sector into taking the bait. The key was to make them sell the "second and third level" treasury bills before the banks settled the price with the Ministry of Finance.

According to Ministry of Finance regulations, banks are not allowed to sell the pledged treasury bonds. They can only profit from the difference in price after the bond accounts are settled with the Ministry of Finance (once every three months) after being entrusted to the stock exchange. The authority to deliver treasury bonds to the stock exchange rests with the Ministry of Finance, the issuer of the bonds. However, regulations are regulations, and banks, driven by profit, may not necessarily comply. As long as they perceive a profit and no risk, they will definitely take the plunge.

Once the banks sold the treasury bonds, the rest of the story would be easy: they could drive up the price. When the maturity date came, the Ministry of Finance would settle accounts with the banks, forcing them to pay out cash and reluctantly buy the bonds to cover the inventory. The difference between the buying and selling prices of the "Three No Companies" would then represent the profits made by Sister Song and her group in their speculation on the "Second and Third Level" treasury bonds.

Song Ziliang smiled and nodded, saying, "Everyone's thinking is very simple. They think the price can't be maintained above 70 yuan at the second and third levels. They are selling it now, naturally planning to buy it back at a lower price later."

So, what can be done to get the banks, which are backed by the old wizards' think tank, to sell treasury bonds?
This is actually quite simple. By inflating the market price of "second- and third-level" treasury bonds, the banks are misled into believing the bonds are unreliable and will soon see their prices fall. The banks will then illegally sell the bonds at a higher-than-usual price. When the price drops significantly below the 70 yuan they sold them for, they will buy them back and wait for the Ministry of Finance to settle the accounts. After all, the contract clearly states that the settlement will be at half the trading price. This way, the banks stand to profit from both the initial "sell at 70 yuan, buy at a price below 70 yuan," and the "mortgage discount price stipulated in the Ministry of Finance contract (calculated at half the average market price of the three-month settlement)."

In the banking industry's view, there is no reason not to make money by operating like this.

Sister Song is the leader of the three, but she is not just a simple woman. She is a powerful businessman in her own right.

She immediately said: "Right now, we should continue to raise the price by two or three levels!"

After saying this, she looked at the 'second in command' Chen Xing, who was in charge of the huge amount of funds that the Seven Star Company had temporarily raised.

Chen Xing said, "Next, it's time for retail investors to enter the market and maintain and push up the 23rd level. I've already arranged for people to spread the word that the central government has decided to withdraw the 23rd level treasury bonds and issue 23rd level tax bonds instead. This will inevitably attract retail investors. They might even sell off their other bonds and treasury bonds, converting them into cash and buying large quantities of 23rd level treasury bonds."

When the government takes it back, it will definitely do so at the market price, so everyone rushes to buy it up, pushing up the price.
Xu Kan said proudly, "On one hand, retail investors are continuing to drive up the price for us, and on the other hand, banks are selling off their second and third-tier stocks. As long as we can manage these two groups, the situation will develop in the direction we want."

It is impossible for Qixing Company to keep raising the price, and it is impossible to do so. So now that the price is above 70 yuan, they hope that retail investors will raise the second or third level of the bank's selling, continue to stabilize, or even raise the price.

Of course, this is just the "foreplay". Once the banking industry sells two or three levels privately, it is actually breaking the law and the South Whale government has the evidence.

At the end of the meeting, Sister Song thought of someone and said, "Do you think this Chen Guangliang knows something?"

The "three no's" all fell into deep thought. Up to now, Ping An Bank had not sold any of its shares in the second and third levels, but Chen Guangliang had bought a large number of shares in the second and third levels through Ping An Securities Broker No. 66, and he bought them as soon as the market opened.

Abnormal!

Song Ziliang said, "This man has always been clever and cunning, so it's inevitable that he won't be fooled. Even if he might know something, he certainly won't tell it."

Xu Kan also nodded and said, "That's right. Take last year's gold speculation incident, for example. He simply didn't get involved. He's obviously a smart guy."

Sister Song was the one who was most concerned of the four. She said, "I'm not worried that he will go against us, but I'm worried that if Ping An Bank doesn't sell the second and third passes, some people will take advantage of the situation and affect our plans."

Xu Kan immediately said, "Don't worry, we have many plans in the future. The bankers won't be fooled."

Sister Song nodded and said, "That's right. Some banks didn't fall for it. That's part of the plan. We have more drastic measures in place later."

Soon, rumors spread throughout the Shanghai market: the central government had decided to withdraw the "Er San Guan" treasury bonds and issue them instead. The inflated price and widespread rumors combined to convince many retail investors that they were genuine, and they rushed into the market to buy "Er San Guan" treasury bonds. Some even sold other government bonds and treasury bonds, cashing in to buy large quantities of "Er San Guan" treasury bonds.

The streets outside the Chinese Securities Exchange were crowded with retail investors hoping to get rich overnight. They gathered in groups of three or four to discuss the market.

"Today's second and third levels are already 75 yuan. Have you bought any?"

"I bought it. I sold all my other bonds and bought them all at the second and third levels. But I heard that the second and third levels would rise to 90 yuan."

"No way, that would mean it's around 9% of the face value. The highest the public debt has ever reached is around 80."

"This time it's different. The Nanjing government is planning to reclaim the second and third levels. We'll buy them back at whatever the market price is. Everyone's eager to buy them!"

"If you buy it, you'll make a profit. If any of you have the funds, you should buy it now!"

Retail investors are entering the market one after another, which is also a huge force.

Opposing retail investors, the "big players"—those in the banking industry—believed this market situation presented a golden opportunity for profit and no losses, and they rushed to sell off the "second and third level" treasury bonds. The prevailing thinking among the banking community at the time was that "second and third level" treasury bonds, like other securities and stocks, would rise and fall. Selling them now at a discount meant that even if they rose to 100 yuan later, if no one took them, the price would inevitably fall.

More than half of the banks have sold off their treasury bonds at the "second and third levels", but some other banks have remained patient and have not taken any action.

Ping An Bank.

Assistant Manager Ye Ximing also came to test the boss's intentions. He said, "Boss, at present, Ping An Bank has only put up a symbolic 50 yuan to be auctioned by the securities company. We still have a full 450 million yuan in second and third tranches. What should we do next?"

Chen Guangliang asked in return: "How do you think we should proceed?"

Ye Ximing immediately said, "Currently, most banks have sold their second or third-tier stocks. Since we've persisted to this point, should we take out a portion and send it to a securities company for auction? This way, we won't take on any risk, but we'll still get a commission."

I'd rather not have that little commission!
Chen Guangliang smiled and shook his head, saying, "No rush. The situation is unclear right now, so we can just hold our ground. Only by staying calm can we maximize our profits."

Ye Ximing didn't understand the deeper meaning behind this, so he could only say, "Okay. But then again, the second and third levels have already risen to 78 yuan, which is a really tempting price. So far, only a few banks haven't taken action."

Chen Guangliang said: "They will also take the bait"

Ye Ximing was shocked. The boss's words meant that this was a setup. The person who set it up must be incredibly powerful. They even dared to release false information about the Southern Whale.

Little did they know that, let alone spreading false information about Nanjing, the Seven Stars Company could even get the Ministry of Finance to cooperate.

This wave of drastic measures has not yet come out!
At this time, Chen Guangliang also roughly understood the intention of the Seven Star Company - the Seven Star Company now has a large number of second and third levels, all of which were acquired at low prices, and the average cost is expected to be less than 65 yuan.

Now the second and third levels have risen to more than 78 yuan, but if Qixing Company wants to cash out, someone has to take over. Otherwise, if they sell a large amount of stocks, the second and third levels will collapse.

The buyers are naturally the banks that "sold at high prices in the second and third levels".

Thinking of this, Chen Guangliang decided to "take advantage of the opportunity", and he also wanted to profit by stepping on the head of the Seven Star Company.

It wasn't an offense, but it was enough to make the people at the Seven Star Company wary of Chen Guangliang's tactics. After all, Chen Guangliang had already known about their tricks. (End of this chapter)