Clearance of Lancheng Group
“Clang.”
Bai Lancheng threw down the phone, sitting in his chair, gasping for breath.
After a while, he gradually calmed down.
A deal worth billions couldn't possibly change the other party's plans just because of Bai Haonan's single threat.
The only explanation was that Chen Xiao had long decided to sell Lan Cheng Group's shares.
Bai Haonan's interference merely blocked the possibility of privately acquiring those shares.
“Sigh!”
Thinking of this, Bai Lancheng sighed heavily.
It truly was strong enemies from without, and pig-headed teammates from within.
That Lan Cheng Group could hold on until today was a damn miracle!
Bai Haonan, who had just finished showing off, hadn't enjoyed it for long before he was dragged away by his father's bodyguards.
According to high-level executives at Lan Cheng Group, the sounds of wailing and pleading from the chairman's office lasted for a long time that day...
Bai Lancheng, having vented his frustration, considered for a long time before picking up the phone again.
“Hello? Old Hu? I need a favor from you.”
“I want to know about Teng Xiao Capital's information, and whether they have any intelligence on Financial market violations.”
“Okay, I'll have finance transfer five million to you first.”
...
On the other side, after hanging up Bai Lancheng's call, Chen Xiao no longer hesitated, directly ordering his subordinates to begin orderly liquidation during the call auction phase, following market rhythm.
Originally, seeing the pleasing trend of Lan Cheng Group's stock price, he had considered whether to hold on for a few more days to observe.
After all, Lan Cheng Group's stock price had soared recently.
They had just acquired a large plot of land, and it coincided with new district planning, turning it into a school district.
Even a blind man could see that Lan Cheng Group's future profits would be astonishing.
But in the end, Chen Xiao still decided to follow the hidden information's prompt, not touching even a tiny bit of risk.
After all, an extra two or three hundred million now held no meaning for him.
Just don't mess up the money he already had.
No matter how good Lan Cheng Group's stock price trend was, the premise was that there had to be enough capital to build all the projects.
Otherwise, if the capital chain broke, it would still be over.
And for something like a capital chain, who could really say for sure?
This was precisely where Bai Lancheng's fear lay.
The point Chen Xiao seized was also here.
Lan Cheng Group's active trading volume and astonishing upward momentum provided Teng Xiao Capital with a very comfortable selling environment.
As soon as the market opened today, Lan Cheng Group's stock still showed a strong upward trend, but for some unknown reason, despite widespread optimism, there were an unusually large number of sell orders.
This directly suppressed the upward momentum.
Investors speculated, could it be that Lan Cheng Group had risen too much these past few days and was due for a correction?
That shouldn't be the case; given Lan Cheng Group's current situation, a sixty percent increase was very reasonable.
In Lan Cheng Group's chairman's office.
“Chair… Chairman... our stock price... has plateaued.”
Bai Lancheng frowned, “Chen Xiao has made his move; he really is selling our company's stock!”
“Chairman, what do we do now? Can we only... just watch?”
Bai Lancheng clenched his fists, deep in thought.
Having been in business for decades, he naturally had his own fallback plan.
However, that would come at a cost.
Thinking of this, he was instantly furious.
Pointing at Bai Haonan, he said, “Beat him! Don't stop!”
“Ah! Dad, I was wrong, you'll kill me if you keep hitting me...”
“Beat him, keep hitting him!” Bai Lancheng unhesitatingly ordered the bodyguards.
Immediately after, the screams from the office began again...
Listening to his useless son's wails, Bai Lancheng pondered for a long time, then picked up the phone and dialed.
“Hello? Yan Yan? Do you have time today? I'd like to bring Haonan to visit you...”
“Hahahahaha, no need for politeness, it's what I should do...”
“Alright, good, see you this afternoon.”
After hanging up the phone, the smile on Bai Lancheng's face faded.
He said to the bodyguard, “Don't hit his face; I still need his face this afternoon.”
“Yes, boss.”
...
A listed company with a market value of tens of billions usually has a daily stock trading volume of around one hundred million.
In market upturns, when capital surges in frantically, or when the turnover rate is extremely high, the trading volume can multiply several times, ten times, or even more.
Just like today, Lan Cheng Group, whose market value had already risen to over seventy billion, had a very high turnover rate due to Chen Xiao's involvement.
Over a billion was sold off in the morning, all steadily taken up by retail investors and institutions.
To make it clear to investors and other institutions that there was only one short seller, Chen Xiao's two trading teams placed all their sell orders at 888 per lot, neat and orderly.
This greatly stimulated retail investors and other institutions.
“Damn, so it's a lone wolf? And daring to be so arrogant?”
“Buy him out! Let's see how many shares he still has.”
“A lone wolf trying to suppress Lan Cheng Group's stock from rising? Is he crazy?”
“Screw him!”
“Get him!”
...
There were many who were unconvinced.
And even more who couldn't stand such arrogant behavior.
These people were in high spirits and full of confidence.
This made Chen Xiao overjoyed.
His purpose in selling Lan Cheng Group's shares at this time was only one.
That was to maximize his own profits, and incidentally, to first exhaust a wave of market enthusiasm.
Stirring up trouble against Lan Cheng Group was not for this moment.
Wang Peng and Xiao Xu, as well as the other group of traders, were working so hard their wrists were cramping and they were drenched in sweat.
Especially the newly formed team, who saw what a massive scale operation looked like for the first time.
5.5 billion in, 8.8 billion out...
Although not fully realized yet, at the current pace.
In three or four days at most, all the shares could be cashed out.
Tens of billions in profit in a single flip!
Wonder if Buffett's money-making speed is this fast...
The informed individuals on the 7th floor were all red-faced, blood surging.
Although they weren't the ones who earned so much, they could empathize.
After all, it was earned through their hands.
In short.
The boss is awesome!
The eyes of everyone in the trading room, looking at Chen Xiao, were shining...
Even Su Tang, who was already used to Chen Xiao always surprising people, was flushed at this moment.
This man's figure grew even more imposing in her heart.
Chen Xiao once again subverted her understanding.
What is a genius? Su Tang didn't think it was Buffett.
Because that gentleman was already very old.
And Chen Xiao hadn't even graduated yet...
The moment the morning market closed, a thunderous cheer erupted in the trading room, and it continued unabated.
Even the floors above and below could hear it.
Everyone knew that the company had made a lot of money again...
Chen Xiao smiled and said, “Steady, steady, everyone, this is just the beginning; we'll continue this afternoon!”
“Yes, boss!”
Everyone bowed and said in unison.
They had never seen such a great trader, and they sincerely paid tribute to this top industry figure from the bottom of their hearts.
Chen Xiao waved his hand, “Let's go, time to eat!”
...
In Teng Xiao Capital's cafeteria, a rich buffet was already prepared, placed in insulated containers.
The traders chatted spiritedly, but all unrelated to trading.
Confidentiality was their professional ethic in this line of work.
Teng Xiao Capital's employees were all doing well.
At least so far, An Zhong's monitoring network hadn't reported a single instance of company employee leaking information.
What would happen in the future was hard to say.
However, with An Zhong around, Chen Xiao felt more at ease; even if it wasn't discovered once or twice, if someone did it often, they would eventually expose themselves.