Reborn as a landlord in Shanghai

Chapter 116 The Results of Two Weeks

Shareholders who follow Tencent are confused again. The market only opened on Monday, and they initially thought it would continue the lukewarm performance of last week.

To everyone's surprise, not long after the market opened, a large number of Tencent shares were dumped, tens of thousands, hundreds of thousands, and tens of thousands of shares were continuously thrown into the market, directly causing Tencent's share price to drop by several cents.

Moreover, this dumping of shares did not stop. On Monday, the first day of the month, Mao Xiaoyu dumped a total of 300 million yuan worth of stocks, not including the stocks she bought back and then sold again.

The consequence of this was that Tencent's stock price dropped by 80 cents on Monday, the first day of the month. On the second day, Mao Xiaoyu started dumping another 1 million Tencent shares. At this point, retail investors, feeling that something serious was going to happen, began to follow Mao Xiaoyu in selling their Tencent shares. This sell-off caused Tencent's stock price to plummet by another 50 cents.

At this point, seeing that the stock price had fallen to their ideal level, Du Yue, Peng Yu, and Mao Xiaoyu, along with six traders borrowed from HSBC, began to get busy.

He manipulated the market, driving down the stock price, then bought up shares at low prices. After buying too many shares, the stock price surged again. Then he sold them at high prices, and the cycle repeated itself. The whole process was executed flawlessly.

Of course, it was only because Mao Xiaoyu held a large number of Tencent shares that he had the confidence to do so; otherwise, he wouldn't have dared to dump the shares so aggressively.

It's worth noting that in July, Ma Huateng sold 10 million shares of Tencent A stock, directly causing Tencent A's stock price to plummet.

The stock price of the company plummeted for three days.

Mao Xiaoyu did the same thing this time, selling 3 million shares in a single day, and then another 1 million shares on the second day, taking advantage of the market trend and leading other retail investors to sell.

If we include Mao Xiaoyu's and retail investors' stocks in the past two days, the number of stocks sold off is several million, and the consequences are quite frightening.

On the third day, although Mao Xiaoyu did not sell 1 million shares, she still sold 800,000 shares, causing the stock price to fall again.

Then on the 4th day, ————, and then on the 5th day, ————.

And so, every day was a battle of wits and courage in buying and selling stocks. The whole process was incredibly exciting, and we were busy until the market closed at 4 p.m. on Friday, when it was finally time to reap the rewards.

"I never expected to be able to acquire so many Tencent shares in just one week. I thought that after acquiring so many shares, it would be difficult to acquire any more shares outside."

After the market closed on Friday, Mao Xiaoyu looked at her week's earnings and couldn't help but sigh.

"The acquisition price is still too high. It would be better if the price were a little lower," Du Yue said, frowning as she looked at Orange Navigator's account.

Orange Navigator's account already holds 835 million shares of Tencent stock. Although the stock looks good, the acquisition price was actually around 7.17 yuan per share.

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It's worth noting that when trading was suspended just now, Tencent's stock was priced at only 7.62 yuan per share, while Mao Xiaoyu's acquisition price was 7.17 yuan. The price difference between the two is really not that much.

This is two or three yuan higher than Mao Xiaoyu's first acquisition at three or four yuan. If you calculate the cost of these 8 million shares, the difference between the two is twenty or thirty million yuan.

As for why Mao Xiaoyu's acquisition price was so high this time, it's mainly because once Orange Navigator's stock was acquired, it was never sold off a second time.

This week, all the stocks that Mao Xiaoyu sold were Tencent shares under her own name.

Because Orange Navigator has never sold any of its Tencent shares, it cannot lower the acquisition price of Orange Navigator's shares through a high-sell, low-buy strategy, resulting in a somewhat high acquisition price for Orange Navigator's shares.

Conversely, due to the principle of buying low and selling high, the number of Tencent shares under Mao Xiaoyu's name has increased from 1800 million to 1938 million, and there is also an additional HKD 300 million in Mao Xiaoyu's account.

This actually shows that being a market maker is truly profitable. Individual investors who follow the market maker are only going to be played. Out of 100 individual investors, at most only ten or so can hold on during market fluctuations. The rest either lose money and leave the market, or their assets disappear inexplicably.

Of course, it's not that Mao Xiaoyu is a big player in the market. What I mainly want to say is that although Tencent is listed on the Hong Kong Stock Exchange, to be honest, Tencent is really insignificant among Hong Kong-listed companies.

Its market value is only a little over a billion US dollars, which is not even comparable to Baidu, which went public in August, let alone compared with its predecessors Sohu, NetEase, and Sina.

Although Tencent has over 20% of its shares on the public market, many of these shares are held by large institutions, many of which hold them long-term and are unconcerned about short-term fluctuations. As a result, the number of shares actually circulating in the market is not as large as one might imagine.

It is precisely because Tencent's market capitalization is small, and because Tencent's CEO Ma Huateng doesn't interfere in stock market affairs, that Mao Xiaoyu, a small-time speculator, has been able to manipulate the market and have a great time.

More importantly, Mao Xiaoyu, this small-time speculator, plays the game cleverly, keeping the stock price fluctuating within a little over one yuan, earning only hard-earned money.

This kind of thing happens every day in the stock market. The bigwigs in the company are too lazy to care, and with the help of Du Yue and Peng Yu, two genius traders, Mao Xiaoyu was able to make a lot of profit.

If Mao Xiaoyu were to aggressively and directly drive the stock price up, making too much of a fuss, Tencent could easily wipe him out.

"The acquisition price wasn't high; it's just a transfer of profits. Although we made some big moves this month, the profits were quite high. Let's go, it's time to go home. We can talk about it in the next couple of days."

Since the Hong Kong stock market had already suspended trading, there was no point in standing there idly, so Mao Xiaoyu told the two of them to leave.

Sigrún has taught at the Iceland University of the Arts as a part-time lecturer since and was Dean of the Department of Fine Art from -. In – she held a research position at Reykjavík Art Museum focusing on the role of women in Icelandic art. She studied fine art at the Icelandic College of Arts and Crafts and at Pratt Institute, New York, and holds BA and MA degrees in art history and philosophy from the University of Iceland. Sigrún lives and works in Iceland.

Upon hearing this, Du Yue and Peng Yu tidied themselves up and then followed Mao Xiaoyu away from the HSBC Securities Exchange.

"Where are you planning to go for the two-day holiday?" Mao Xiaoyu asked curiously.

"I've been exhausted lately and haven't had a proper rest. I'm taking advantage of these two days off to sleep in and relax," Peng Yu replied casually.

"I don't know either. I'm planning to go out and buy some clothes to wear. After all, I've been here for so long and I've been wearing old clothes. I feel uncomfortable not buying clothes for so long. I'm also planning to go out and buy a couple of new outfits tomorrow to dress myself up," Du Yue said, sounding bored.

"Alright, since you all have things to do, and I have other things to do too, let's not be together this week and go our separate ways." After saying this, Mao Xiaoyu essentially arranged for everyone to separate for the next two days.

This arrangement was mainly because Mao Xiaoyu really had something to do. Ever since she met Yang Ying at the coffee shop last time, Yang Ying probably knew that Mao Xiaoyu was in Hong Kong, and she contacted her on QQ quite a lot more often.

After a few days of contact via QQ, their relationship has warmed up a bit, and they plan to meet alone tomorrow and go out for some fun.

That's why Mao Xiaoyu asked Du Yue and Peng Yu about their schedules to see if they would conflict with hers. Of course, if Du Yue and Peng Yu had something to do, Mao Xiaoyu might cancel her plans with Yang Ying and spend time with Du Yue and Peng Yu.

Since Du Yue and Peng Yu were alright, Mao Xiaoyu decided to relax and go out to play with Yang Ying.

Just these past couple of days, Mao Xiaoyu was planning to go to the law firm to pick up her school's admission letter, since today is August 26th.

I'm going to school in a few days, but how can I get in without an acceptance letter?

Mao Xiaoyu didn't know what her mindset was about going to school. After all, it had been such a long time since she had gone to school in both her past and present lives, so going to school now felt a little strange.

I hope to see some pretty girls at school!

Otherwise, this schooling would be quite a torment!

Since everyone would be spending two days apart, the three of them washed up after returning to the hotel and then went to the catering department to eat and chat about the battle strategy for next week.

After dinner, the three of them went to Du Yue's room to talk about some things, finishing up all the plans for next week before parting ways and returning to their respective rooms.

Mao Xiaoyu originally wanted to check the emails sent by Li Mingyue, but after looking at the time, it was already past 10 p.m., which felt too late, so she decided not to check them and went straight to sleep.

Over the next two days, Mao Xiaoyu accompanied Yang Ying around Hong Kong, not only trying all the street food but also getting to know Yang Ying, which took their relationship a step further.

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After all, this is a stain on her record for life. If Yang Ying were to use this as leverage to blackmail Mao Xiaoyu one day, it would be troublesome.

Therefore, Mao Xiaoyu would rather have a small taste than have any major relationship with Yang Ying.

Although she spends her days shopping and having fun with women, when she comes home at night, Mao Xiaoyu either calls home or deals with emails sent by Li Mingyue.

Actually, there's not much to deal with in the emails; most of them are still the same, with the most minor changes being that some stocks have gone up a little and others have gone down a little.

Mao Xiaoyu was too lazy to calculate how much she earned each week, since what she earned each week might be lost the next week. So Mao Xiaoyu felt that there was no point in keeping track of it unless she sold her stocks.

Therefore, for A-share stocks, Mao Xiaoyu only needs to check if she has been liquidated. If not, then it's okay.

And so, two days passed by in the blink of an eye, neither long nor short, thanks to the company of women. Monday arrived again, and Mao Xiaoyu was about to lead Du Yue and Peng Yu into the Hong Kong stock market.

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Because of the different plans, Mao Xiaoyu's side was a little more civilized in this week's trading. Of course, it wasn't much more civilized. When it was time to use shares to pressure people, she still had to use shares to pressure people. Since no one was causing trouble, Mao Xiaoyu's stock acquisition went very smoothly.

Another week later, the offshore company in the British Virgin Islands controlled by Mao Xiaoyu acquired more than 800 million shares, bringing the total number of Tencent shares owned by Orange Navigation Company to over 1680 million, which represents 1% of Tencent's total shares.

However, due to the urgency of the acquisition, even though Mao Xiaoyu sold off Tencent shares under his name to suppress the price, Tencent's stock price finally broke through 8 yuan per share at the close of trading on Friday.

Moreover, because Mao Xiaoyu's acquisition speed was so fast, the share price of Tencent, which was acquired by Orange Navigation Company, actually reached 7 per share.

At 32 cents, by the time trading closed on Friday, Orange Navigator Company not only owned 16.8 million shares, but also had over 2 million Hong Kong dollars in its account.

In contrast, Mao Xiaoyu's personal stock holdings are in a much better position. He currently owns 20 million shares of Tencent stock and a total of HKD 11.43 million in cash.

This was because Mao Xiaoyu controlled the acquisition of shares under her own name; otherwise, it wouldn't have been exactly 20 million shares, with an extra 10 million Hong Kong dollars.

Next, Mao Xiaoyu will no longer increase the number of Tencent shares under her personal name; if she wants to increase them, she will only increase the number of shares under the name of Orange Navigation Company.

Of course, Mao Xiaoyu will not add any more stocks to her portfolio, but she will still buy low and sell high when the time is right, since she can still make money even without stocks.

"Sister Du, starting next week, we won't need to acquire stocks on such a large scale anymore. From now on, we'll focus on lowering the acquisition price. As for stocks, if the price drops too much, we can still acquire them," Mao Xiaoyu instructed Du Yue.

"It's alright. The priority here is to keep things stable. You can leave this to me. Don't worry about things at school," Du Yue assured her, patting her chest.

Hearing Du Yue's words, Mao Xiaoyu nodded. It was precisely because Mao Xiaoyu was going to study next week that she was in such a hurry to acquire Tencent's stock!

Now that we've acquired enough stocks, all that's left are some minor, miscellaneous matters. I'm sure Du Yue and Peng Yu can handle these things well.

As for Mao Xiaoyu, she plans to go to school for a few days, pretend to be a good student, and then find someone to contact Zhang Lei to see what he's up to right now.

It's already September 2005, and this guy still hasn't bought Tencent stock. I wonder if something has delayed him.

But to be honest, if this guy hadn't come soon, Mao Xiaoyu wouldn't know what to do with her stocks.

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