This year's pocket money
Li Wenli was stunned, four words echoing in her mind.
“My woman…”
After a long moment of shock, Li Wenli struggled again, “Pfft! Who’s your woman? I don’t want to be.”
Chen Xiao handed her a black plastic bag.
Li Wenli took it, and her hand sank, almost dropping it.
“Ah, what is this? It’s so heavy.”
Chen Xiao said with a smile, “Open it and see.”
Li Wenli placed it on the table, opened two layers, and then her small hand immediately covered her mouth.
“Ah! So much money…”
“Mm, it’s for you,” Chen Xiao said.
“For me?” Li Wenli looked at the two large bundles of money, completely bewildered, and instinctively backed away, “No, no, I don’t want it, this money is too much.”
Chen Xiao grasped her delicate, slender hand and placed it on the money.
“I said, my woman doesn’t need to beg others. If you need someone to help me check attendance at school in the future, don’t beg, just use money to smash them.”
Li Wenli looked at the nearly 200,000 in cash, mentally calculating that if she used it to smash someone’s head, it might actually kill them…
“Alright, go deposit it later. Now… let’s talk about serious matters first…”
Li Wenli: “…”
…
Early the next morning, Chen Xiao asked before leaving, “Wenli, you can move out in your second year. Do you want to?”
Li Wenli shook her head, “I don’t want to.”
Chen Xiao was very surprised. Don’t people usually prefer better living conditions?
“Why?”
Li Wenli said, “If I move out, who will get your clothes? And what if you get too lazy to attend class, who will find someone to check your attendance?”
Chen Xiao’s heart warmed, and he said, “This 200,000 is your pocket money for this year. Don’t be reluctant to spend it.”
Li Wenli looked visibly tired, as if she hadn’t woken up yet, and yawned, “Got it, you big bad guy. I’ll spend it all tomorrow.”
Chen Xiao smiled; he knew Li Wenli was just joking.
“As long as you’re happy. Uncle Liu will drive you back later. I’m walking to the company.”
“Oh, okay. Don’t work too hard, remember to rest.”
“Mm, don’t worry. As for you, exercise more when you go back. Your stamina is too poor.”
Li Wenli: “…”
…
Although today’s strategy was simple, Wang Peng and Xiao Xu still arrived at the company early.
Chen Xiao, on the other hand, arrived just in time.
It was as if everyone else was the boss, and he was just an employee running errands.
After a day of fermentation, many retail investors and institutions noticed the Longzhong Coal stock.
Countless eyes were fixed on its trend, seeking opportunities to get in or out.
As soon as the market opened, Xing Yanqing began to aggressively dump shares without any hesitation.
Retail investors and small institutions were completely defenseless, watching as it headed straight for the limit down.
Chen Xiao looked at the rapidly falling trend and said, “Come on, show them your sword.”
“Yes, Boss.”
Immediately after, institutions following Longzhong Coal saw a bottom-supporting buy order of over 300,000 lots appear at the bottom.
The stock price instantly stabilized.
The main dumping force might have been stunned, and for a moment, they made no move.
In a villa in Jinning Development Zone, Xing Yanqing stared blankly at the buy order of over 300,000 lots.
“Damn! This is a provocation to us.”
The other party seemed to be mockingly saying: [You can’t do it. With me here, it will never hit the limit down.]
Shi Zhongfu said, “This might be all their trump cards. As long as we absorb it, the path below should be unobstructed.”
Over 300,000 lots, to absorb that, requires over 300 million in funds.
What if other unexpected situations arise? How would they respond?
If they turned to long positions now and bought back shares to repay the borrowed debt, they might not even lose money.
Of course, the premise was that the other party wouldn’t cause trouble; otherwise, if the stock price climbed too fast, there was even a risk of forced liquidation.
Now, Xing Yanqing was in a dilemma, no choice seemed good.
“Alright, then let’s absorb them.”
Since the major shareholders had agreed, Xing Yanqing finally firmed his resolve and ordered the traders to attack the 300,000-plus lot buy order in groups of 10,000 lots, like a disciplined army.
Chen Xiao looked at the 10,000-lot sell orders and sneered.
“They’re openly telling us they’ve made their move.”
“Boss, what should we do then?”
Chen Xiao said, “Let them absorb it. We’ll just wait to count the money. This wave, if they manage it well, they might not lose money. But if a large institution follows suit and buys in, they’ll lose so much their own mother won’t recognize them!”
“Let’s go, let’s get some drinks. Don’t worry about them.”
Chen Xiao led the two out of the trading room. The three sat in the refreshment area, and Dong Xuewen prepared their favorite drinks.
Wang Peng and Xiao Xu were bewildered. A transaction involving hundreds of millions seemed like child’s play to their boss.
At two in the afternoon, Chen Xiao’s 450 million was completely absorbed by the other party. Only 5 million in principal remained in the account, which could act as 50 million in a critical moment to withstand a limit down.
The three originally thought that was it for the day, but unexpectedly, just after those 300,000 lots of shares were consumed, another 50,000 lots appeared on the market.
Chen Xiao was startled. Had a small institution entered the market?
Those 50,000 lots didn’t hold up for long before they were traded.
However, as soon as they were traded, another 50,000 lots appeared.
Not only that, above the 50,000 lots, various large and small buy orders appeared.
Before they knew it, the stock price had actually risen by 0.5 percentage points.
This now had an extraordinary significance. A stock that was heading for a limit down actually failed to drop further and was now rebounding!
A large number of retail investors reacted, and many who had sold at high prices regretted it and bought back at low prices.
Although Chen Xiao couldn’t understand this kind of operation, this was the mindset of retail investors.
Regretting at any time, regardless of profit or loss…