Chapter 29: Now There Is No Choice But to Submit

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At half past nine that evening, Chen Chao had brought all the employees from the investment department into position.

Yang Chen had also arrived at the studio with six beautiful women, communicating with the investment department through a video link.

The bank’s one hundred million Eagle dollars soon arrived as well, and the night’s work could begin.

Following the usual procedure, Yang Chen told Chen Chao to identify the stocks with the sharpest declines. But instead of directly choosing which ones to buy, he asked the five investment advisers to make the selection.

Zhao Jing and the others hurriedly waved their hands and refused. They could offer advice, but they did not dare make the choice on Yang Chen’s behalf. If the trade lost money, they would never be able to explain themselves.

Yang Chen said with a smile, “I’m worried you still won’t be convinced, so this time I’ll let you choose. I’ll still make the final decision and give the orders, and I’ll bear responsibility for the gains or losses. Come on, pick them.”

Zhao Jing and the others continued to wave their hands in refusal.

Yang Chen turned to Chen Xi and said, “Chen Xi, you choose. Just pick two.”

Chen Xi quickly replied, “What? Me? Can I really do that? If we lose money, it’ll be a huge problem. You can’t afford to fail now—not even once.”

“Whatever I ask you to do, do it without worry. I’ll bear the consequences,” Yang Chen said calmly.

Chen Xi nodded seriously. “All right, then.”

She turned her back and waited for a while. By then, the order of the stocks on the market screen had changed considerably.

“That should be enough. Let’s choose the second and fourth ones,” Chen Xi said as she turned around.

Yang Chen said to Chen Chao, “Chao, divide the one hundred million Eagle dollars into two equal portions and buy Tom Technology and Horse Holdings.”

Chen Chao immediately replied, “Okay! Understood! Everyone, get to work! Divide the funds in the Eagle-dollar account into two equal portions and buy Tom Technology and Horse Holdings.”

The traders immediately began operating. They split the one hundred million Eagle dollars into two portions of fifty million each, then distributed each portion among dozens of accounts. That way, every account held only a few hundred thousand, making them indistinguishable from ordinary retail investors. This would avoid attracting the attention of market manipulators and regulators, while also preventing the share price from being driven up immediately and increasing their purchase costs.

Once all the preparations were complete, the traders began buying Tom Technology and Horse Holdings.

The White Eagle stock market had no limits on daily price fluctuations and operated under a T-plus-zero trading system. In theory, as long as there was enough money in the market, a stock could rise without limit. Shares bought cheaply during the day could also be sold at a high price that same day.

Of course, in a falling market, a stock could also lose ninety-nine percent of its value in a single day. Ordinary retail investors could never withstand such an intense style of trading.

In an immature market, if such a trading system were implemented, small investors would have no chance of making money. Market manipulators could repeatedly drive prices up and then suppress them, inevitably luring retail investors into chasing a rising stock before frightening them into selling at a loss.

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Zhao Jing and the others quickly went online to look up information about Tom Technology and Horse Holdings.

There was very little information about the two companies on the Dragon Nation’s internet.

Tom Technology was merely a shell company. After being successfully listed through a series of capital operations, its shareholders had already finished reducing their holdings and cashing out. It was now barely alive.

Horse Holdings was likewise a shell company. Through financial packaging, it had been transformed into a major conglomerate controlling numerous investment and industrial companies.

After the listing, its shareholders had begun trying every possible way to reduce their holdings and cash out. By now, most of them had already fled.

Tom Technology had fallen from a peak of one hundred and twenty-five Eagle dollars per share to its current price of one Eagle dollar and twenty-five cents.

Horse Holdings had dropped from a peak of five hundred and sixty Eagle dollars to its current price of two Eagle dollars and thirty-five cents.

After finishing their research, all five investment advisers broke into delighted smiles.

“He’s finished this time. He’s definitely going to lose everything,” Zhao Jing whispered.

“It might be good news for us, but it certainly isn’t good news for the Four Seas Group or the creditors,” Bai Zhi said.

“He’s simply too stubborn and never listens to advice. Unless we let him suffer a major loss once, he’ll never change. If we remind him to cut his losses in time, he won’t lose everything. From then on, he’ll follow our instructions, and things will definitely improve,” Chen Lan said.

It was clear that they had great confidence in the results of their twenty years of diligent study. They had simply lacked an opportunity to put their knowledge into practice.

More than ten minutes later, the traders had spent all the funds.

Yang Chen said with satisfaction, “All right. Everyone, go home and rest. Remember to short Longhui Group. The goal is to drive it down until it is delisted for falling to face value. Do not stop until the objective is achieved. Is that clear?”

Chen Chao quickly replied, “Understood, Chairman Yang. I’ll call the heads of several brokerages I know and ask about it. We’ll begin shorting it when the market opens tomorrow.”

“Good. That’s all for tonight. Everyone can leave,” Yang Chen said.

Zhao Jing hurriedly stopped him. “Wait! Chairman Yang, the White Eagle stock market uses T-plus-zero trading. We can still sell today. Both of the stocks you bought are shell companies, and they’ll probably continue falling by another thirty percent shortly. We should cut our losses and exit immediately.”

“They’re foreign stocks anyway. We might as well take advantage of them. We’ll sell when they’ve risen tenfold. There’s no way they can reach that level in a single leap tonight, so everyone can go home and rest without worry,” Yang Chen said before ending the video call.

The five investment advisers once again subjected Yang Chen to a barrage of objections. They even showed him the information they had found about the two shell companies and confidently declared that both stocks would certainly continue plunging.

Yang Chen did not even look at the information. He merely smiled and said, “I’m going back to my room to take a shower. When I come out, I hope to see that you’ve all put on black stockings and gotten ready to dance.”

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“Hmph! Aren’t you celebrating a little too soon? The share prices haven’t even reacted yet. How do you know whether we’ll be the ones wearing black stockings, or whether you’ll be the one obediently listening to us from now on?” Huang Wei said, pouting.

Yang Chen turned his head and said, “You’re the one who talks the most every day. In a moment, you’re going to perform the most provocative dance you can. If it doesn’t satisfy me, none of you will sleep tonight. You’ll work together and come up with a provocative routine, then perform it for me when I get up tomorrow morning.”

Huang Wei immediately planted her hands on her hips and began huffing angrily.

“You’re bullying me! I only know how to act cute. You insist on making me dance provocatively, but I can’t do that,” Huang Wei protested.

“If you can’t, then learn. If you can’t even do this, how will you please your future husband? Do you want him to be lured away by some seductive woman outside?” Yang Chen said.

Huang Wei stamped her feet furiously and complained, “Hmph! I spent twenty years studying, earned a master’s degree in finance, and dreamed of dominating the financial markets and becoming a legendary female stock god. Who could have imagined that I’d end up trapped here learning provocative dances? Heaven above, why are you being so cruel to me?”

Zhao Jing said with a smile, “Why are you panicking? The two stocks he bought are still lying there unchanged. Who says you’ll definitely have to dance for him? It seems he won’t listen to our advice until he suffers a major loss.”

The moment Zhao Jing finished speaking, Chen Xi excitedly pointed at the large screen.

“Oh! They’re rising! Look, look—they’re really going up!”

On the large screen, Tom Technology and Horse Holdings suddenly shot upward like rockets from the ground. The upward momentum of the two stocks was almost identical.

“How is that possible? Didn’t they say the White Eagle stock market emphasized value investing? Why can these two shell companies still rise?” Bai Zhi asked, her face filled with confusion and shock.

“Oh my goodness, they’re up eighty percent! In the Dragon Nation’s A-share market, that kind of increase would require eight consecutive trading days of hitting the daily limit. The White Eagle stock market is far too thrilling. Anyone with a weak heart couldn’t endure it,” Gao Ya added.

“Oh my, Horse Holdings is up more than one hundred percent, and the momentum hasn’t slowed at all. Could it multiply several times in a single day? My heart can barely take this. How is this any different from picking money up off the ground?” Huang Wei said, her face full of astonishment.

Chen Lan followed up, “Now no one can deny it! Chen Xi picked the stocks at random while facing away from the screen, and they still surged after he bought them. My goodness, it’s doubled—up two hundred percent already. How can someone in this world have such impossibly good luck? Twenty years of diligent study are no match for his luck. It’s infuriating!”

Chen Xi was equally stunned, but her astonishment was accompanied by even greater delight and admiration.

“Yang Chen is incredible. I randomly picked those stocks, and the moment he bought them, they soared. What kind of unbelievable luck does he have?” Chen Xi thought to herself.

Zhao Jing let out a sigh. “All right, stop watching. It’s bad for your hearts, and it’ll only undermine your confidence and make you question the value of twenty years of study. Come on, let’s go back to our rooms and change. Our dear Chairman Yang will be finished with his shower soon, and we have to honor our wager by putting on black stockings and performing that provocative dance for him.”

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