Fierce confrontation
“Impossible, this is our real money. Who would have trouble with their own money?”
“Right, impossible. Traders only know the target after it starts. This villa has already been signal-shielded, no one went out, right?”
“No one went out, everyone is here.”
“Let’s think about what to do. If we delay, we’ll miss something big.”
“Right, Yanqing, you are the professional in this area. We are all investors, you need to make a decision.”
Xing Yanqing thought for a moment, then said with a grim smile, “Then we can only play hardball.”
“Tell us quickly, what exactly should we do?”
“There are two methods, doing them simultaneously is the most secure.”
“What methods?”
Xing Yanqing said, “First, release fake negative news to hit market confidence. Second, raise more funds, take down the opponent, and smash his trading board!”
“Old Wang, the internet spreads the fastest now. You have resources in this area. The matter of negative news is up to you.”
“Okay, a piece of cake.”
“Everyone else, raise another 10 million each.”
After Shi Zhongfu finished speaking, the others immediately followed his instructions.
If Chen Xiao were here, he would definitely recognize this future Financial magnate.
He was the founder of Zhongfu Securities, and also Xing Yanqing’s future boss.
In his previous life, it was precisely because this Longzhong Coal blocking battle was handled so brilliantly.
That Shi Zhongfu recruited Xing Yanqing to his company as a senior executive.
......
In Chen Xiao’s office, Wang Peng suddenly said.
“Boss, I don’t know why, but a large number of sell orders suddenly appeared in the market, and retail investors followed!”
Chen Xiao looked, and the amounts of these sell orders were very small, many were one or two lots, and some were ten or dozens of lots.
He immediately searched for Longzhong Coal, and this search was significant.
All kinds of strange websites popped up, and a flood of various negative news came rushing in.
Chen Xiao frowned. He was very familiar with this scene. In his previous life, Xing Yanqing of Zhongfu Securities did exactly this, and his entire fortune was lost this way.
But now, if these people did this, it would only benefit Chen Xiao.
He smiled slightly, “Don’t hide it anymore, fully defend a 5-point drop. Let’s see if he has more money, or if I have more money!”
After thinking for a moment, he added, “Xiao Xu, you abandon Jiutian Hydropower on your side, and fully buy Longzhong Coal for me!”
“Yes, Boss.”
The two instantly went all out. Under the manipulation of the market maker, the market was pessimistic, but there was still a force desperately protecting the market.
Chen Xiao’s heart was surging. Not to mention how much money Xing Yanqing would help him earn this time, just the losses he would cause them were exciting enough.
Chen Xiao took out a cigarette, and Su Tang immediately lit it for him.
In the villa in Jinning Development Zone, the atmosphere was unusually heavy, with only the sound of operators clattering on keyboards.
Xing Yanqing’s face was ashen. He didn’t expect his opponent to be so strong, and more importantly, so resolute, completely unaffected by the fake news, desperately absorbing sell orders.
“Damn it! Who the hell is this?”
Having been in Financial for so many years, Xing Yanqing had never encountered such a crazy opponent.
If it weren’t for a deep hatred, such a direct confrontation would never happen.
Capital is all on one side; he should have seen his operations and followed suit to cut the retail investors like leeks.
Fortunately, the morning market closed, and Longzhong Coal fell from a 3% gain at opening to a 3% loss at closing.
Although it dropped six points, the institution on the other side, like a mad dog, bought desperately, which had already caused the market to hesitate again.
Looking at Xing Yanqing’s expression, Shi Zhongfu said, “It’s okay, another fifty million will arrive before the afternoon market opens. Continue to borrow Longzhong Coal shares.”
Xing Yanqing nodded, smiled, and said, “Thank you, Mr. Shi, for your support.”
Shi Zhongfu said, “This isn’t our first or second time working together. I trust you.”
......
In Chen Xiao’s office, he was playing a casual mobile game, feeling incredibly relaxed.
Wang Peng and Xiao Xu burned through over 100 million in funds all morning.
This would normally be impossible, but he had to thank Xing Yanqing for his crazy generosity on the other side.
Not only did he give away money himself, but he also released fake news, tricking retail investors into giving away money too.
Chen Xiao, who knew in advance that Longzhong Coal would have major positive news before next Monday, naturally accepted everything without hesitation.
It was the first time dealing with such a large amount of money, and Su Tang was also a little nervous. During her lunch break, she was still collecting news about Longzhong Coal.
Chen Xiao smiled, “Don’t look anymore, it’s all unofficial news.”
Su Tang nodded, “Yes, the news sources are either pop-ups from gaming websites, or… or those pages that automatically pop up from that kind of website…”
“Hmm, don’t underestimate these websites. I dare say that ten years from now, many people will still believe them.”
Many telecommunication scams in later generations originated from this.
After the market opened in the afternoon, Wang Peng and Xiao Xu, after a short rest, re-entered the battlefield.
As soon as the market opened, the battle became white-hot.
Due to the morning’s sniping, many institutions and retail investors who followed Chen Xiao appeared in the market in the afternoon.
Longzhong Coal not only did not continue to fall but actually rebounded.
Chen Xiao was stunned, “Stop first, let them fight for a while.”
“Yes, Boss.”
After Chen Xiao, the main force, stopped, those follow-up institutions and retail investors supported for an hour before throwing away their armor and retreating.
Chen Xiao and his team, who had been resting and recuperating, re-entered the battlefield.
“Today, we just need to maintain a slow decline in stock price, don’t fight them head-on.”
“Okay.”
Chen Xiao’s consideration was that due to his involvement, the other party’s crazy market smashing today led to a sharp increase in costs.
Tomorrow, the other party would inevitably have to smash through the market, otherwise, by Monday, they would have no chance at all.
Up to now, Chen Xiao was invincible no matter what.
Because even if they could smash through the market tomorrow, Chen Xiao still had over 200 million in funds and could still buy heavily to reduce his cost per share.
By Monday, it would just be a matter of how much money he could make and how much trouble he could cause the other party.
3 PM.
Wang Peng and Xiao Xu ended their trading. Today, they spent 260 million yuan throughout the day, and both were exhausted.
Chen Xiao smiled and said, “You’ve worked hard. Go home and get some good rest after work.”
“Boss, let’s study tomorrow’s strategy again. I feel like the opponent still has a lot of strength left.”
As the vanguards who personally participated in the battle, they felt it deeply.
“No need. Tomorrow’s strategy is very simple: as soon as the market opens, place buy orders for all funds right at the limit down price.”
Wang Peng and Xiao Xu were stunned.
The boss plans to play it openly this time.
Revealing all his cards directly at the opening, clearly telling the opponent, ‘My entire fortune is here, let’s see if you have the ability to take it.’
“Bo-Boss, what if the other party can take it all, and continue to smash the market next Monday, then we…”