Those Years When I Was Forced to Top the Forbes List

Chapter 231 How much money does President Chen have? (Seeking monthly votes)

The battle had been in preparation for over a month.

The market closed after only 15 minutes.

However, the 370 million lots of pending orders remained steadily on the trading board, available for viewing.

Chen Xuebing's own funds are not his biggest source of confidence; it is this 8 million yuan.

Xu Jin knew in advance that there was foreign aid involved, but seeing such a large sum of money on the betting board, he couldn't help but click his tongue and ask:
"Chairman, if we don't take it, Yufu Capital will still buy it."

Chen Xuebing thought for a moment and smiled, "It's hard to say, but it probably will."

Yufu Capital's assistance was based on the central government's allocation of a guiding fund, plus some supporting funds.

He talked to Boss Huang about this matter half a month ago, hoping that while borrowing 200 million to speculate on stocks, he could also lend him this unallocated amount to bolster his reputation.

He also guaranteed that the money would not be actually used, and that if a misjudgment occurred, he could buy back the shares that Yu Fu had purchased later at a 5% higher price.

Leader Huang just secured a loan for him, so of course he can't let him die. He'd rather have fewer troubles and focus on his work.

After inquiring about the details, he agreed to lend him the banner so he could wave it and scare away the enemy.

But a few days ago, he called Chairman He to inquire about the speed of their fund operations, so as to determine the order volume of Changzheng Capital and to notify Yufu Capital of the entry time. He Zhiya's tone was very relaxed, and he only said that you can call us again when you can no longer handle the calls.

Chen Xuebing knew then that no matter how many shares Xu Xiang held, he was doomed to lose.

Xu Xiang was cunning and calculating, but little did he know that Chongqing had conducted a comprehensive investigation into BOE before investing in BOE in Hefei.

Chongqing has already conducted a detailed assessment of BOE's value.

Given the current stock price, Chongqing would be willing to take over the shares.

With the combined funds from Changzheng Capital and Yufu, they could buy up all of BOE's circulating shares.

How to lose?
Within 20 minutes, the market continued to rise. This was the first time that BOE had been pushed up so quickly by retail investors. The five price levels below no longer showed any trace of the 370 million lot buy order, but everyone was willing to believe that it was still there.

President Chen is awesome!
They've already proven their strength by absorbing a massive 3.5 million yuan in sell orders in just a few minutes. They even showed off their remaining bank accounts on the stock market. What are we afraid of with tens or hundreds of thousands of yuan in savings?
Rush!
If you can make it, you're Yang Liulang! If you can't, you'll just have rice porridge!

At 10:30, BOE Technology surged to its daily limit of 2.62 yuan, and orders continued to be placed on the limit-up board.

There are very few shares left in circulation, but there are many people who want to buy them. There are almost no sellers, and the increasingly large number of buy orders proves that the short-selling power in Shanghai has been completely silenced.

At 11:30 a.m., the midday market close, the information centers of various stock trading software released the news of BOE Technology Group's dramatic reversal from limit down to limit up this morning.

No, to be precise, it was a 19.4% increase, and the final 0.6% was an attempt by the market to shake out weak hands, but they failed to break through.

The term used is "market cleansing," not "short selling."

Because short selling is completely unprofitable these days, securities firms can only attribute their motives to "market manipulation".

This term has made many stock market investors even more sensitive: "washout" means that a major player is buying in! Once they buy, the price will rise!

The number of buy orders at the daily limit up price has surged even more.

The traders at Changzheng Capital stared at the market screen, reluctant to go for lunch.

That was fucking awesome.

Aside from the Baosteel warrants incident, I've never seen such a great surge!

It was a complete reversal from limit down to limit up! 3.5 million yuan was invested, all at 2.15 yuan, buying 1.63 million shares, which then rose to 2.62 yuan! A staggering 7660 million yuan was made in one day!
Moreover, with such a surge in limit-up orders, there's a good chance it might hit the limit-up price again!
Is there any royal law?
Are there any laws?
War comes faster!

Even Chen Xuebing couldn't help but sigh: "The limit-up trading strategy makes money damn fast, even faster than a bull market."

The bulk of the stock purchases this time are still with Southwest Securities. They'll just pay some interest in three months; they won't even need to pay dividends.

However, only profits are made when the funds are withdrawn; profits that are not withdrawn are merely unrealized gains.

What is someone in Shanghai thinking at this very moment?
He must be furious.

I've already been merciful enough by leaving him some shares to wait for the price to rise.

Chen Xuebing finally received a phone call at 2 p.m.

I called the company's general office directly and asked to speak to Chairman Chen.

Chen Xuebing went upstairs to answer the phone, and just then the person on the other end said "hello." He frowned.

Why is it an old man?

"who are you?"

"Hehe. Chairman Chen, it was just a brief meeting in Shanghai. Dai Zhikang."

"Oh," Chen Xuebing smiled. "Chairman Dai, you were involved too? No wonder."

"It's just a small-scale operation. If I had known that President Chen had such a strong financial backing, I wouldn't have only invested a few hundred million."

Chen Xuebing sneered.

"It seems Mr. Dai is still not satisfied. How about we do it again? I can take any amount of money you have."

What a load of bull! A few hundred million is nothing compared to this. These days, there are plenty of private enterprises claiming to be billion-dollar groups, but those that can readily produce billions in cash can be counted on one hand.

If you were given all of BOE's shares at a low price, you'd have no one to blame but yourself.

"Who's behind President Chen?" Dai Zhikang asked curiously.

"I'm afraid it will scare you if I tell you. If you don't believe me, just try it and you'll see."

These words instantly confirmed Dai Zhikang's guess, and his heart sank.

government.

Only the government could come up with such a large sum of cash at once.

If it's Hefei, that's fine; if it's Chongqing...
"Since Mr. Chen says he can handle it, then I concede. I accept the shares that have already been sold. Xu Xiang and I have a cost basis of three yuan. Next, we'll work together to push the stock price up to three yuan. I'll sell, and Mr. Chen will take it. We won't participate in pushing it up any further. How about that?"

Dai Zhikang is a bit cunning. Xu Xiang's overall cost basis is 3.3 yuan, while his is 2.5 yuan, so the total cost is 3 yuan.

He earns 50 cents, and can still break even on the ones he sells at a loss, while Xu Xiang loses 30 cents, compounding his losses.

“President Dai has a very clever plan; I heard it all without even needing to call.” Chen Xuebing chuckled. “I think you guys should stay and become shareholders instead of running away.”

Dai Zhikang's tone became calm: "What do you mean?"

"The China Securities Regulatory Commission, you know that? Acting in concert, you know that?" Chen Xuebing laughed frivolously: "If you illegally hold more than 5% of shares and don't disclose it, and the listed company sues you, will you be dead?"

Dai Zhikang paused for a moment, but remained unfazed: "Mr. Chen, you must be joking. Don't you even have a 5% holding?"

"Why don't you give it a try? I'm just passively buying in, how can I be identified as acting in concert? But you guys are buying and selling in unison, your actions are consistent, it's very easy to identify. If I report you here, you can expect to be locked up for a year plus fines. Still want to sell? Even if you sell, I'll make you buy it back, and you'll have to bear the losses yourself. I'll kill you but not bury you."

Chen Xuebing's explanation was undoubtedly superfluous in the eyes of this seasoned stock market veteran, but since the other party kept seizing on his sore spot, he couldn't hide his anger.

"Stop beating around the bush, what do you want? Just say it."

"Hehe, the conditions, didn't President Dai just say them? But it has to be reversed. You guys will pump up the price, and I'll cooperate. BOE will also gradually release information. Once it's above four yuan, I'll leave first and slowly release the shares. How much you want to pump it up to before selling is your business."

In a few months, there will be a comprehensive surge. Chen Xuebing doesn't want to waste his funds on BOE. The current stock price of 2.15 is indeed good, but if it rises to over 4 yuan in the short term, it will be slow to double again.

There are plenty of good stocks out there that can multiply several times in six months.

But Dai Zhikang on the other end felt like he was listening to gibberish: "You want to sell all four pieces? Mr. Chen, if that's your condition, how are we supposed to negotiate?"

Given BOE's current situation, coupled with the high degree of control by both parties, it wouldn't be difficult for them to push the price up to four yuan.

But what about liquidity now?
They know all too well how many chips Chen Xuebing took from them today.

Changzheng Capital currently holds over 200 million shares, accounting for one-third of the circulating shares! Who will take over?
Chen Xuebing pondered for a moment and said, "How about this, let's work together to push the price up to 4.5 yuan. You don't need to worry about maintaining the stock price afterwards. I'll sell first, and then you can sell later to gradually release liquidity. BOE will continue to have positive news to support you."

Dai Zhikang thought it sounded unreliable: "Just empty talk."

Chen Xuebing's tone hardened: "Do you have a choice? I'll report you and lock up your shares, and you can arrest me too! Let me make this clear, I'm the shareholder of BOE! Do you really think you have more shares than me? I won't mess with BOE's stock price! After I sell and hand it over to you, you'll have at least four yuan! I'm the one who should be worried about someone messing with the stock price!"

Upon hearing this, Dai Zhikang suddenly remembered that this kid was going to push the stock price up to six yuan.

If we wait a bit, BOE might actually cooperate with him to push up the stock price.
Waiting, it might not be a bad thing.

"Mr. Chen, you can only trust someone once."

"Reputation? If you dare to act recklessly, I'll report you if I say I will. That's my reputation!"

Chen Xuebing hung up immediately after finishing his speech.

He never had anything nice to say to those who plotted against him.

If he hadn't wanted to keep these two rats at BOE causing trouble, and even more so, if he hadn't wanted them to enjoy the fruits of BOE's future development, he would have immediately filed a report and locked them up in storage.

After leaving his office, Chen Xuebing called down the Changzheng Capital researcher and Lu Xiaochun, who were staying on the 46th floor, to come downstairs.

Since the start of the battle yesterday, everyone who has nothing to do with stock market operations has left the 45th floor and moved to the 46th floor to work in cramped conditions.

And then, things in the stock market naturally followed, and the researchers' tasks became more demanding.

At 3 PM, BOE Technology Group Co., Ltd. closed at its daily limit up.

Buy orders have exceeded 100 million lots, indicating that market confidence is at its peak.

Given this situation, coupled with a severe lack of liquidity, there's a good chance of three to five consecutive limit-up days.

The stock market investors have only one thing to say: Get on board!

Shortly after four o'clock, Chen Xuebing and Jiao Gui each carried a sack into the 45th floor.

Soon, Yin Xin screamed from the doorway.

"Chairman! I love you!!"

Everyone inside got excited.

People from headquarters, Changzheng Capital, and Gu'an Construction Office were all notified to wait here.

Long March Capital is already very experienced: give out red envelopes, big red envelopes.

When Chen Xuebing entered the hall, there was a lipstick mark on his face.

Everyone who saw the lipstick mark knew just how excited Yin Xin was at the door.

Chen Xuebing noticed everyone staring at his face, so he coughed and, while wiping himself, poured the money from the sack onto the large white round table.

three million.

To be precise, 297 million.

Jiao Gui, who was standing next to him, poured out a bag containing a full three million.

What is Pang Donglai compared to that?
Mr. Chen should take good care of his employees today.

"Mr. Xiao, please distribute the funds. Each employee here will receive 30,000, deputy directors of branch offices will receive 50,000, and directors and above will receive 100,000. For those who are not here, transfer the funds to their bank cards. Any extra funds will be deposited into the treasury. Also, allocate 8 million to Qidian Technology. They have a lot of people there. Oh, and there are also construction workers. Those with labor contracts will receive 2,000, and temporary workers will receive 500."

Thirty thousand!

What the hell!

The two children of investors who had just arrived were the most confused.

A base salary of 4,000, and he's already receiving 30,000 right after joining?!
Mom and Dad, I'm going to support myself now!
"director.."

Some people couldn't help but start yelling.

Chen Xuebing raised his hand, stopping the actions of dozens of people at the scene.

"Except for the construction site and Qidian Technology, everyone is on holiday starting today. We will have a ten-day break for May Day. Department directors and above must go on a trip to improve their quality of life so that they can be inspired at work."

"Xu Jin, you'll have to work extra hard tomorrow to reallocate the extra funds and make sure they're not idle."

"Oh, here's your bonus, an additional 100 million."

Xu Jin's old face twitched, and tears streamed down his face.

As Chen Xuebing spoke, he was already silently walking out.

Just as he reached the door, he turned back, waved his hand, and said, "Alright, that's it. Now give out the money!"

After saying that, he immediately disappeared, as if afraid that some excited employee would hug him again and give him a taste of his own medicine.

Especially with so many men.

Inside, a deafening roar erupted instantly:
"Long live the Chairman!!"

"Long live!!"

"Long live the Emperor!!"

The total prize money is 1500 million.

A year ago, this company wasn't even worth 1500 million.

The employees didn't leave the company until after six o'clock.

Before leaving, everyone spontaneously organized to borrow various cleaning tools from the building management and cleaned the company spotless.

Some employees who considered themselves to be literary geniuses suggested holding an annual meeting because they suddenly had a burst of inspiration and wanted to create a company song called "The Great Chairman Chen." Everyone chattered and discussed other ideas, such as "My Heart Only Has Him, Not a Home" and a poetry recitation called "Ah! This Damn Bonus!"

I'm thinking of installing a card reader at the company so I can swipe my fingerprint when I'm sleepwalking in the middle of the night.

No need to travel, my work inspiration is already overflowing.

Meanwhile, the number of comments on Chen Xuebing's blog exceeded 1.

Everyone was there to see this newly rich man.

The Shenzhen stock exchange's daily trading data has been released. The top buyer was Southwest Securities Yuzhong Ruitian Road branch, the second was Southwest Securities' brokerage-dedicated channel, and the third was Guoxin Securities Shenzhen Hongling Securities Department.

Southwest Securities, Chongqing—who else could it be?

Mr. Chen's two seats saw him buy more shares than the majority of retail investors!
Everyone speculated that the staggering 370 million lots of orders belonged to Mr. Chen. The Dragon and Tiger List, combined with Mr. Chen's "Bring it on," confirmed it completely.

They just invested 16 billion yuan in BOE with Hefei, and then immediately listed 11.5 billion yuan on the stock market!
The three most discussed questions in the comments section:

—How much money does Mr. Chen actually have?
Why isn't he on the list of China's richest people?

—Is the Hurun Rich List really a game of "who is the mole" where they internally select one person each year to be the richest person, while the real richest person never actually holds the title?
Suddenly, Huang Du, the richest man in China at the time, was questioned.

What's with all this bragging? Unless you suddenly invest 30 billion, we won't believe you're the richest person!

This move left netizens in awe.

Only institutions that can truly understand the data can realize that a powerful force far surpassing the Ningbo daredevil team has emerged. They must carefully record their information and trading habits. When they see them in the stock market in the future, they must be cautious. If they want to get involved in the same stock, they should pay their respects and inform the other party in advance.

Long March Capital's industry standing has already been established.

　Double rewards at the beginning of the month, please vote!
　　
　
(End of this chapter)