Starting with a fully invested A-share portfolio to become a capital...
Chapter 189 Robbing the Poor and the Rich, the Beastly Fuchun Road
Chapter 189 Robbing the Poor and the Rich, the Beastly Fuchun Road
[Loves to eat peaches]: The A-share market is really unplayable. I finally found a hot topic, but it was immediately hammered down at the opening.
[Little brat]: The "Regulations on the Prevention and Control of Coal and Gas Outbursts" have just been released, and the stock manipulators of Jizhong Energy have already started dumping shares. I have already called the National Security Bureau. There are definitely spies among the masses who are hindering the development of China's stock market.
[Brother Long]: Whoever smashed the plate, just you wait. Come to Fengtian Street, and you'll be in big trouble. Your ashes will be scattered.
As the "nuclear explosion button" was pressed, the price limits of Jizhong Energy and Tiandi Technology were instantly broken, and their stock prices plummeted.
Tiandi Technology, which was originally priced at 22.44 yuan, was instantly hammered down to 21.3 yuan, with its gains falling from 10% to 5.34%.
Jizhong Energy, which hit the daily limit of 50.82 yuan, had better support than Zhang Yang predicted. It only dropped to 49.87 yuan before all the shares were sold, resulting in a gain of 7.94%.
Faced with the sudden collapse of the stock price, the market manipulators of Tiandi Technology and Jizhong Energy had no time to think. Relying on their years of experience in market manipulation, they came up with two different solutions in just a few seconds.
Tiandi Technology's stock price plummeted to 5.34%, a "sell-off" of the A-level magnitude, completely destroying retail investor sentiment. At this point, instead of supporting the price by absorbing panic and profit-taking funds, it would be better to follow the sell-off and wait for the panic and profit-taking funds to clear out before enticing onlookers to enter the market and drive the price up.
This is equivalent to a steel coil rolling off a truck; with the added speed and mass, the kinetic energy contained within it is enough to flatten a tiger.
The best way to handle a rolled-down steel coil is to wait until it comes to a stop before using a crane to reload it onto the truck.
Of course, if you are strong enough, comparable to a superhero named Ultraman Tiga, you could try to stop the rolling steel coil.
The same principle applies to stock trading. If you have a large enough amount of capital and invest it regardless of cost, you can save yourself from an emotional breakdown.
Unlike the follow-up selling by the major shareholders of Tiandi Technology, the major shareholders of Jizhong Energy, seeing that the price hadn't been significantly breached, immediately placed 2000 million yuan in buy orders to push the price back up. The whole process took less than 10 seconds.
Two coal stocks are showing contrasting trends: one is plunging into the water, while the other has hit its daily limit again.
After making different choices, the trading group for speculative investors, created by A-God Qiu Baoyu using a secondary account, was once again filled with angry and abusive messages.
[Beihe Road]: Fuck your mother Fuchun Road, is this guy a pure insider dog? Last Friday he bought into my Tiandi Technology, and then over the weekend the "Regulations on Prevention and Control of Coal and Gas Outbursts" came into play, and this week he started dumping shares.
[Guixi Wolf Army]: I fucking bastard! You almost smashed my Jizhong Energy! How could there be such a beast?
[Hujialou]: I was wondering why Jizhong Energy was back on the market so quickly. Turns out it was Wolf Brother in the same car. Now I feel safe.
[Jumping Bro]: Everyone says Fuchun Road has changed its identity, but you still don't believe it. Be careful lately, don't fall for Fuchun Road's tricks. He's a beast with no bottom line!
[Brother Zhao]: Robbing the poor and robbing the rich, you beast on Fuchun Road, you're a real beast!
As the group messages kept refreshing, Chen Sanrong felt like he was a king hidden in the darkness, controlling the life and death of speculative capital and retail investors.
"Hahaha, these idiots! They've been completely fooled by me!"
While he was mocking them, he opened his securities account, which showed 1879 million Chinese yuan in available funds.
The combined profits of five stocks—Huaguo Construction, Anhui Provincial Water Resources, Gezhouba, Tiandi Technology, and Jizhong Energy—reached a staggering 779 million.
What does it mean to make money as easily as drinking water?
That's what they call making money like drinking water!
Chen Sanrong had become addicted to this feeling, and his mindset had also changed, making him feel that making money was easy.
"Cough-cough-"
A notification sound came from QQ on my computer.
The tall girl was someone Chen Sanrong had just added. Less than five minutes after Chen Sanrong jokingly asked her for a "cool photo," she immediately posted a picture of herself with her chest exposed, making a peace sign.
"Gulu..."
Chen Sanrong swallowed hard, his blood instinctively rushing to a certain spot.
Since experiencing the "decapitation" drop in 2007, which resulted in a loss of tens of millions of yuan, he has been single-mindedly thinking about how to return to his peak size.
Now that his funds have returned to their peak size and he has found the trick to making money easily, he is no longer satisfied with just stock trading and wants to try something more instinctive.
[Jumping-off-the-building guy]: Anything else?
[Miss Coffee]: Such an embarrassing photo, I only took one.
[Jumping-off-the-building guy]: Take two more pictures.
[Miss Coffee]: Brother, you're so naughty, but I like you so much.
Three minutes later, the other party sent a picture that almost lured Chen Sanrong out of his wits.
"Damn, that's so sexy!"
With his mouth dry, Chen Sanrong thought of the front desk of the business department. Last time, she took the initiative to be friendly, but he was in no mood to pay attention to her. Now he really had to ask her for help.
……
Just as Chen Sanrong was getting carried away with his flirtatious talk, several stocks that had hit their daily limit in the A-share market suddenly plummeted.
Stocks like Longjian Shares, Hengtian Hailong, and Zhongnan Shares are among the few that managed to reverse their losses in just two trading days after the A-share market crash on July 29.
It is precisely because of their strong resilience, coupled with the control of speculative capital, that they have become a safe haven for a lot of funds.
However, the sudden collapse occurred less than 10 minutes after the market opened. All speculative funds and retail investors pointed the finger at a certain speculative fund, namely "Hangzhou Huaxin Securities Fuchun Road Branch"!
[Lingering Flow of Time]: Longjian Shares' stock price plummeted. Fuchun Road is a real beast! How can there be such disgusting speculative capital!
[Keep the original aspiration and mission in mind]: Oh no, I've been fucking fooled! Zhongtai Chemical is being controlled by Fuchun Road. I'm all too familiar with this dumping tactic. That bastard!
[Who Dares to Stand]: Stop smashing, bro! I beg you, please stop smashing!
[Sleepyhead is Coming]: It hit the daily limit on July 31st, and then crashed on August 3rd. Even if the trading account changed, I still recognize you, Fuchun Road!!!
Not only were retail investors lamenting the situation, but even speculative investors within the stock market were venting their frustrations in chat groups, condemning the despicable actions of "Fuchun Road".
[Huanbei Road]: Longjian Shares dumped 4000 million shares, what the hell? Does Fuchun Road have no moral bottom line at all?
[Zhige Road]: The last time the China Securities Regulatory Commission (CSRC) issued a penalty announcement, it was revealed that someone named Chen Xing from Fuchun Road lived in Hangzhou, Jiangsu Province. Does anyone know him? I'll offer 20 yuan to beat him up!
[Yinhuan Road]: What a beast! Zhongnan Shares dumped 6000 million shares, even your dad couldn't handle it all! How can there be such beastly speculative capital? Don't let me find you, I'll scatter your ashes!
Speculative investors are still frequently harping on national treasures, as if they want to tear "Fuchun Road" to shreds.
Meanwhile, on the other side of the Caiyan.com office floor, Liao Guopei, who witnessed the news, was somewhat bewildered and couldn't help but ask, "Joker, Yangjia, did you sell Longjian Shares, Hengtian Hailong, or Zhongnan Shares?"
"No."
Zhang Yang answered very decisively.
Lin Guangchang, who had also seen the group messages, frowned and complained, "Have we angered everyone? The entire speculative investor group is accusing us of dumping our shares."
"All of them?"
Zhang Yang was somewhat surprised.
“Yes,” Lin Guangchang responded, explaining, “It feels like they’re putting all the blame on us.”
"It's not just a feeling, they've really got it all on us, you bunch of idiots!"
Liao Guopei couldn't help but curse.
Now, whenever there's a market crash or a stock price collapse, speculative investors and retail investors will think of Fuchun Road. Although this is the reputation they've built up, isn't that giving them too much credit?
Zhang Yang, Liao Guopei, and Lin Guangchang may be able to control five or six small-cap stocks in the short term, but controlling more than a dozen stocks? That's impossible.
Zhang Yang, who was standing to the side, opened the intraday charts of stocks such as Longjian Shares, Hengtian Hailong, Zhongnan Shares, and Huadian International.
These stocks were all dumped at 9:40 AM, and they all hit the daily limit up on July 31st, then dumped on August 3rd, which is today. It's exactly the same fishing method they use.
"Is someone framing me?"
As Zhang Yang frowned slightly, he looked at Liao Guopei and Lin Guangchang and said, "It's not surprising that speculative investors and retail investors are doing this; some people are copying us."
"Learn from us?"
"what's the situation?"
Liao Guopei and Lin Guangchang were stunned.
Should we learn from their timing and sell-off strategy?
Which speculative investors like to be criticized?
“Yes.” Zhang Yang nodded and switched to the daily chart page, saying, “These are all stocks that hit the daily limit on July 31st. Some even rose two or three times. Compared to us using news as cover, the other side is more like a powerful brick flying.”
"Powerful enough to make bricks fly?" Liao Guopei's eyes flashed with surprise, and he frowned as he said, "In other words, the other party has a large amount of capital and can rely on its own size to drive up the stock price."
"It's not entirely about relying on funds, but rather taking advantage of the market's recovery sentiment."
Zhang Yang added.
"Then who exactly is it?" Lin Guangchang asked the two of them.
Liao Guopei shook his head, his gaze falling on Zhang Yang, and said, "I don't know who it is, but what's certain is that we've taken all the blame."
"So what if I have to memorize it? It doesn't matter anyway. I'll get scolded anyway, so it doesn't matter if I get more or less." Zhang Yang wasn't affected by this. Instead, he started to assess whether the fishing strategy could still be used.
Getting scolded?
Who cares about that?
Only those with weak mental fortitude and who live in a greenhouse would care about insults; Zhang Yang wouldn't take it to heart.
After a moment of contemplation, Zhang Yang spoke again: "Since some people are deliberately imitating our trading style, let them imitate us. We should start making moves on Haitong Foods."
When the topic of Haitong Foods came up, Lin Guangchang immediately chimed in, "No wonder this stock was going to be acquired through a reverse takeover; its performance has completely collapsed."
"Yes, it's pure junk stock."
Liao Guopei echoed.
Just last weekend, Haitong Foods released its semi-annual report.
From January to June 2009, the company achieved operating revenue of RMB 1.77 million, a year-on-year decrease of 21.93%, operating profit of RMB 4391.18 million, a year-on-year decrease of 19.33%, and net profit of RMB -2.773 million, turning from profit to loss compared to the same period of the previous year, when net profit was RMB 9.1 million.
The changes in its assets and liabilities further reveal its downward trend.
1. Cash and cash equivalents surged from RMB 1449 million at the beginning of the year to RMB 7413 million, an astonishing increase of 411.55%.
2. Accounts receivable increased by 56.78% year-on-year, reaching 3150 million yuan.
3. Short-term borrowings amounted to 3.54 million yuan, an increase of 31.73%.
Anyone who can read a balance sheet should be able to see that a surge in cash and cash equivalents, along with a significant increase in short-term borrowings, often indicates reliance on external financing channels.
Based on an analysis of its net profit and revenue, the surge in cash and cash equivalents is not due to cash receipts from its main business, nor is it due to profit accumulation. It is most likely the result of external financing such as bank loans.
These few data points alone reveal that Haitong Foods is not only experiencing weak operating cash flow and a surge in accounts receivable, but also foreshadows an increase in bad debt ratios.
Let's examine its performance by product segment...
Frozen products: Revenue was RMB 4244.75 million, a year-on-year decrease of 13.15%, and the gross profit margin decreased by 1.49 percentage points to 16.94%.
Conditioned products: Revenue was RMB 4998.18 million, a year-on-year decrease of 25.17%, but the gross profit margin bucked the trend and increased by 0.35 percentage points to 30.93%.
Canned food products: Revenue was RMB 2656.08 million, a year-on-year decrease of 1.85%, while the gross profit margin increased significantly by 14.99 percentage points to 28.72%.
To summarize all the data, Haitong Foods' accounts receivable surged at this time, with a potential increase in bad debt ratio, sluggish sales of its products, negative net profit, and reliance on external financing to maintain operations.
Zhang Yang also reviewed Haitong Foods' semi-annual report. Knowing the data, he smiled faintly and said, "If the performance doesn't turn out badly, then we'll have to retreat. After all, we're afraid that the performance of a listed company that has been reduced to selling its shell will improve."
In August 2009, less than a month after IPOs were restarted, shell companies were extremely valuable. Unless absolutely necessary, listed companies would never try to make this last bit of money.
Because if the shell company is sold, it has to go through procedures and comply with relevant regulations to relist, and the listing review for A-shares is much stricter than that for Hong Kong stocks.
why would you say so?
Hong Kong stocks are an investment market, while A-shares are a financing market; their functions and attributes are different.
The main function of the financing market is to support the growth of enterprises, not for investors. As long as an enterprise can be listed on the A-share market, it can get a share of the market.
But the investment market is different; whether or not you can raise funds depends on your strength.
After listening to Zhang Yang's words, Liao Guopei nodded and said, "That seems to be true. If Haitong Foods' performance improves, their senior management will probably have to renegotiate the price with Yijing Optoelectronics."
"That makes sense." Lin Guangchang nodded, then said, "So now you're saying that Haitong Foods being acquired through a reverse takeover is a done deal?"
"It's basically a done deal."
Zhang Yang confirmed.
"When shall we make our move?" Liao Guopei was already getting impatient.
He currently holds 486.1 million shares of Haitong Foods stock, totaling 3500 million Chinese yuan, with a cost price of 7.2 yuan per share.
Lin Guangchang holds 260.8 million shares of Haitong Foods, totaling RMB 1800 million, with a cost price of RMB 6.9 per share.
Zhang Yang also held 149.25 million shares of Haitong Foods at a cost of 6.7 yuan, totaling 1000 million yuan.
In other words, the three individuals known as "Liu, Guan, and Zhang of Shanghai" now hold a total of 896.15 million shares, with a cost value of 6300 million.
As of 9:47 a.m. on August 3, Haitong Foods' stock price was 8.36 yuan, up 3.47%. The interim report did not scare away retail investors; on the contrary, it made them feel that the time for Yijing Optoelectronics' backdoor listing had been shortened.
It is worth mentioning that, based on Haitong Foods' current share price, Zhang Yang, Liao Guopei, and Lin Guangchang have already made a paper profit of RMB 1192.40 million.
Upon hearing Liao Guopei's question, Zhang Yang thought for a moment and said, "If I remember correctly, our total shareholding is 896 million shares."
"Correct."
"Yes."
Liao Guopei and Lin Guangchang nodded in agreement.
“896 million shares, currently priced at 8.36 yuan, total value of 7490.56 million yuan. Send me your securities account balances so I can tally up the available funds,” Zhang Yang added.
To control a stock, in addition to knowing how many shares are in circulation, the holdings of the top ten shareholders, and the number of shares that the major shareholder may hold, you also need to know how much available capital you have.
In the stock market, funds are like bullets. Experienced stock investors know that the most frustrating thing about investing is wanting to increase your position but finding that you've run out of "bullets" and can only watch helplessly.
"Sent."
"Me too."
Liao Guopei and Lin Guangchang responded one after the other.
Upon receiving the screenshots from the two individuals, Zhang Yang immediately began calculating the available funds.
The three individuals profited 2.461 million yuan from the last IPO of Huaguo Construction, with a total cash-out of 4.45 million yuan. While setting up the scheme to trap the "jumping man," they were also making profits, earning 1243 million yuan from five stocks: Anhui Provincial Water Resources, Gezhouba, Conch Cement, Tiandi Technology, and Jizhong Energy. In other words, their available funds totaled 4.5743 million yuan.
If the value of their holdings in Haitong Foods shares is included, their total funds have exceeded 5 million yuan, comparable to the capital of top-tier speculative funds.
It's also worth mentioning that Zhang Yang earned 1.23 million yuan from subscribing to new shares of China State Construction Engineering Corporation, and received another 621.5 million yuan from this round of speculative price increases. In addition, he received 1092.5 million yuan from the "Pinhaofan" charity lunch with Warren Buffett. Zhang Yang's current available funds are 1.4 million yuan.
"4.5743 million, all calculated." Zhang Yang stated the result. "The current total value of the holdings is 7490.56 million. If we go all in, we can raise it to 5.3233 million. How many shares of Haitong Foods are in circulation again?"
Liao Guopei looked at Lin Guangchang.
Before Lin Guangchang could even open his document, Zhang Yang immediately announced, "A small-cap stock with a total share capital of 2.3 million and a circulating share capital of 1.65 million. Based on a price of 8.36 yuan, the total value of the circulating shares is 13.794 billion yuan."
"That means even if we invest all our resources, we still won't be able to reach the 60% long-term control threshold," Lin Guangchang said with some concern.
The recently released semi-annual report shows that several public funds have appeared in Haitong Foods, and they might be subject to a sell-off.
Liao Guopei had also read the semi-annual report and knew about the news of an institution entering the market. He said in a deep voice, "Even with the suicide guy, it's not enough, but 40% is still a significant amount. It mainly depends on Joker's judgment."
He handed the final decision-making power to Zhang Yang, and Lin Guangchang also looked at Zhang Yang, waiting for the man's decision.
Zhang Yang thought for a moment, then kept everyone in suspense and said, "We have a backup plan, don't worry. We'll take the hit even if the institutions dump their shares."
"So powerful?"
Liao Guopei was somewhat surprised.
With a circulating share value of 13.794 billion, they only have a maximum of 5.3233 million, leaving a shortfall of 8.471 million Chinese yuan.
If institutions really do dump their shares en masse, who can save them?
Lin Guangchang was equally curious and guessed, "Could it be a fellow private equity firm?"
"almost."
The crucial moment hadn't arrived yet, and Zhang Yang continued to keep everyone in suspense.
It's best to avoid using Tao Yuang's stock if possible, because if you do, it could lead to an investigation by the China Securities Regulatory Commission.
Seeing that Zhang Yang was unwilling to talk, Liao Guopei and Lin Guangchang did not press him further, as they were well aware of the power behind this young man.
Last time, Meijin Group and Kainuo Technology used underhanded tactics, and they might use the same tactics this time.
……
Fujian Province, Fucheng.
In an office building near the city center, Asking Qiu Baoyu was still wearing that Armani polo shirt that looked cheap but actually cost 2 Chinese dollars.
He doesn't like being flashy, but he also doesn't like wearing cheap clothes, which is why he chose Armani polo shirts. These seemingly ordinary but actually expensive clothes suited his taste perfectly.
At this moment, Qiu Baoyu was sitting in the open office area, with more than a dozen speculative investors from the Minfu Group.
"Boss, we've bet everything!"
"Hahaha, Fuchun Road really has a terrible reputation. We're blaming all our shipments on him. It's so awesome!"
"That's their reputation!"
"They dumped shares at the exact time of the opening, and they dumped shares at the opening. Even the Grand Master Xu Xiang wouldn't go this far. That guy from Fuchun Road deserves to be scolded!"
"Hey, speaking of the Grand Master, those Ningbo Limit-Up Daredevils seem to have quieted down a lot lately. Have they gone on a team-building trip?"
"I heard they've gone into private equity; maybe they're looking to transform their business."
Among the speculators present, Qiu Baoyu immediately looked to his right at the young man with dyed yellow hair and a scar on the corner of his right eye. This was his cousin, Qin Fei.
"Ah Fei, how much did you make this round?"
"Let me calculate it first." Qin Fei replied, while looking at the other speculative investors and saying, "Send me the transaction records so we can reconcile the accounts."
"Okay, Fei-ge."
"Brother Fei sent it to you."
"I've sent you my QQ number, Afei."
One by one, the Fujian-based speculative investors acted swiftly, sending the transaction slips to Qin Fei.
Unlike the small groups formed by Zhang Yang, Zhang Jianping, Xu Xiang, and others, the small group formed by Qiu Baoyu mainly consisted of his own relatives.
As one of the three major speculative investors in the A-share market, Asking, Qiu Baoyu doesn't care whether others have trading talent or not, because none of them have his talent.
What he needs is labor, labor that can buy and sell!
Take Qin Fei for example. He went to Southeast Asia to do business with his uncles before graduating from junior high school. Just because he was good at math, Qiu Baoyu made him the team's "accountant" and responsible for distributing the money.
Does this require a high level of education?
No need!
Addition, subtraction, multiplication, and division can all be done with a calculator, even by elementary school students.
Those who join Qiu Baoyu's team are all trustworthy relatives, and after years of working together, their profits are very stable.
Moreover, because it is a "family business," they can get first-hand information about Minfu's stock and then make their own investments.
"I've done the calculations, Brother Qiu. We cleared out seven stocks and made a total profit of 4469 million." Qin Fei said, looking at Qiu Baoyu.
“Not bad, Second Uncle, find the next batch of tickets and see if we can continue to sell at rock-bottom prices.” Qiu Baoyu’s gaze fell on a middle-aged man with a scruffy beard and wearing flip-flops not far away.
The slovenly man rummaged through his pants, then flicked the dirt off his fingernails as he said, "Let's try our best. Right now, speculative investors are all on edge; they no longer trust the signals from the market."
"There are always some who slip through the net."
Qiu Baoyu said.
“That’s true.” The slovenly man replied, sniffing his fingernails and revealing an expression of enjoyment.
Just then, a handsome man with round-framed glasses, who seemed quite refined, spoke up: "It's time to use the Fuchun Road seats, isn't it? Those retail investors in Huafeng Chemical are too hard to get out; we'll have to use unconventional methods."
While Xu Xiang ventured into private equity and Zhang Jianping hyped up the H1N1 flu concept three times, Qiu Baoyu was not idle either, but instead set his sights on the chemical fiber industry.
What are synthetic fibers?
Chemical fiber, also known as chemical fiber, is divided into man-made fiber and synthetic fiber. Its hype is based on its role in infrastructure development.
Construction sites can't just consist of cement and steel; they also need temporary safety netting.
Huafeng Chemical was founded in 1991, with You Xiaoping as its chairman. He initially started Ruian Plastics Factory with 50 yuan, and later established Ruian Huafeng Polyurethane Company in 1995, focusing on the production of polyurethane raw materials.
In 1999, Huafeng Chemical was officially established, becoming the first private spandex enterprise in China. In 2003, the Huafeng Industrial Park, covering an area of 678 acres, was laid, starting the industrial base development model. The annual spandex production capacity started from 1000 tons and gradually exceeded 4 tons, and the business gradually diversified.
Currently, its spandex, adipic acid, polyurethane raw materials, etc., are widely used in real estate infrastructure projects.
Seeing that the "holdout" was hard to clear his name, Qiu Baoyu nodded and said, "You decide, just don't let the individual owners trace it back to us."
The "Fuchun Road" seat is a double-edged sword; it is extremely effective when used to shake out weak hands.
But if you get tainted by its bad reputation, that would be a bit unpleasant.
For speculative capital to profit from retail investors, it's not enough to just have money; they also need to manipulate retail investors' investment sentiment.
How to mobilize?
1. Funding situation.
If one limit-up isn't enough, then ten will do; there will always be retail investors willing to take over.
2. News/News.
With funds supporting the news, there's no shortage of retail investors chasing the high prices and taking over the shares; this is a common tactic used by speculative capital.
3. The influence of speculative capital.
There are a large number of retail investors in the A-share market. Some retail investors are conservative, while others are aggressive. However, there is a group of retail investors who are willing to act as "henchmen" for speculative capital. This part of the capital is speculative capital.
Aside from Fuchun Road, other speculative funds often give "hitmen" a premium to profit from. For example, if a stock pushes up to the first limit up, other funds in the market will work together to push it up to the second limit up the next day. Speculative funds often push it up to the third or fourth limit up or more, allowing the "followers" on the second day to get the spoils.
This is why many speculative retail investors are willing to follow hot money to profit from other retail investors.
Take Hu Jialou, for example. He was called the "King of Pattern" by retail investors when he first showed his talent. Many retail investors followed him and made money. Naturally, when retail investors discovered his speculative trading positions, they would also work together to go long.
Whether it's Xu Xiang, Zhang Jianping, or Qiu Baoyu, they all care about their reputation. Even Xu Xiang, who possesses the "One-Word Soul-Severing Blade," can still make a profit for retail investors.
Fuchun Road has a terrible reputation; they'll overturn your table if you don't even want to drink soup there!
……
Shenzhen, Hongling Middle Road.
VIP room at China Merchants Securities branch.
Some gossipy people quietly pressed their ears against the closed door frame.
"Manager, it seems quite intense inside."
"Shut up, I'm not deaf, of course I can hear you."
"That Mr. Chen looks so delicate and small, but I didn't expect him to be so strong. It's been almost half an hour."
"There is."
"Aren't you going to stop it?"
"It's a matter of mutual consent. Besides, they are a big client. We can't interfere even if they're at the front desk, let alone in the VIP room."
As the group whispered among themselves, the noise inside abruptly stopped, and the sales manager quickly gestured, "Everyone, go back. It's over."
"It ended as soon as I praised him, which doesn't seem to work very well."
"Stop talking, let's go. If someone finds out and complains, you'll have your salary docked."
"Hurry up and go."
The sales staff who had been watching the drama quickly left, leaving the VIP room in a mess, with opened pill packaging on the floor.
Chen Sanrong slumped into a chair, his whole body covered in cold sweat. He never expected that Bai Lei had brought along a booster pill.
She paused for half a second, then, against her conscience, praised, "Brother Rong is amazing, I can't do it anymore."
"No way, you're lucky," Chen Sanrong said, panting heavily.
Bai Lei: "..."
That was quite surprising.
But since he's rich, Bai Lei still chimed in, "You're so happy now, what's our relationship?"
"I'll transfer you 5 tomorrow, is that enough?" Chen Sanrong wasn't stupid. He was fine with talking about money, but when it came to feelings, he wanted to get as far away as possible.
"They also want to buy a bag."
"6."
"And clothes."
"7, that's all we have."
"Thank you, Brother Rong, you're the best."
Having achieved her goal, Bai Lei kissed Chen Sanrong, who then pulled her into his arms and said, "Don't play with fire, okay? You'll get plenty of benefits if you stay with me."
"Understood, Brother Rong."
"Alright, you can go now. I have other things to do. I'll call you if I need anything."
"Okay, Brother Rong~"
Bai Lei dressed neatly, tidied her hair, and then left the VIP room.
Chen Sanrong didn't feel bad about spending 7 yuan casually. Instead, he took some pills and felt sore all over, making him feel sorry for his kidneys.
"Damn it, I won't try to be a hero next time."
He muttered to himself.
After resting for a good ten minutes, he regained some strength and then opened the closed laptop.
As soon as he opened it, he saw a message that Liao Guopei had sent him 15 minutes earlier.
[Zen City Shadowless Kick]: Building a position in Haitong Foods, speculating on the expectation of Yijing Optoelectronics' backdoor listing. You can go in now, we'll push it up this afternoon.
"Yijing Optoelectronics, Haitong Foods".
Chen Sanrong went online and found the news about their backdoor listing, which was published in April, thus ruling out Liao Guopei's fabrication.
Since it wasn't fabricated and there was an expectation of a backdoor listing, coupled with the money he had made in the past few days, he quickly replied, "I just went to detox, sorry, I'll buy now."
"Snapped--"
Press Enter to send.
Shortly after, Liao Guopei replied.
[Zen City Shadowless Kick]: Gently accumulate shares and split orders. I don't need to teach you this, right? You only have the opportunity to enter the market in the morning. As for how much to enter, that depends on yourself.
[Jumping-off-the-building guy]: Okay, I got it.
[Zen City Shadowless Kick]: Hmm.
After ending the chat, Chen Sanrong stroked his chin, pondering how much to take in.
500?
That's a bit too little.
1000?
It seems like it's almost done.
All in with 1879 million?
Isn't the risk a bit too high?
Chen Sanrong was conflicted. He really wanted to go all in because making money with Liao Guopei was too fast.
But he was also timid, and at the same time, he was afraid of missing the opportunity.
"Let's ask other people first, find out the details, and if there are no problems, then we'll do it."
He didn't know anything about Yijing Optoelectronics, so to be on the safe side, he decided to ask other speculative investors for information about the company. After all, it's always better to be safe than sorry.
(End of this chapter)
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