95: Chapter 95 Trust Me and I'll Buy
"What's the target?"
"Main board stock, Tianji Technology, code 600XXX. Entering today, holding for five days."
Manager Chen pondered for two seconds. "Tianji Technology... there hasn't been much movement on this stock lately. Entering with fourfold leverage gives you a twenty-three percent drawdown margin. Are you sure?"
"I am."
Manager Chen had dealt with Jiang Chen once before and knew this young man never acted recklessly.
The previous operation had been neat and efficient, with a short cycle and high returns, earning him a considerable commission fee as well.
He didn't ask further and responded crisply, "Alright, I'll have someone prepare the contract and send the electronic version to your phone. Once you sign, I'll release the funds."
"Good."
Hanging up the phone, Jiang Chen placed it in the cup holder, holding the steering wheel with one hand as the corners of his mouth curled slightly.
Fourfold leverage, a total of 10.4 million in capital, a warning line at twelve percent, and a liquidation line at fifteen percent.
In other words, if Tianji Technology dropped less than fifteen percent from the purchase price, his 2.6 million principal would be wiped out.
But the intel said this stock would rise for five consecutive days; the possibility of a drop was zero.
Three minutes later, the phone vibrated.
Manager Chen had sent the electronic contract. The terms were clear and consistent with what was discussed over the phone.
Jiang Chen read the contract from beginning to end.
Financed amount: 7.8 million; personal capital: 2.6 million; total capital: 10.4 million.
Daily interest of 0.15%, totaling 78,000 yuan for five days, to be deducted upfront from the principal.
Warning Line: Total assets below 9.15 million (a 12% loss of principal).
Liquidation Line: Total assets below 8.84 million (a 15% loss of principal).
Trading targets limited to Main Board A-shares, with no restrictions on full positions in a single stock.
Confirming there were no issues, he signed his name and sent it back.
After another minute, the phone vibrated again.
A message from Manager Chen: "Contract received, funds ready. They will be transferred to your designated account before the market opens. Wishing Manager Jiang a triumphant start."
Jiang Chen replied with a "Good," tossed the phone into the cup holder, stepped on the gas, and drove toward Jiangcheng University.
He felt no inner turmoil; he even felt a bit bored.
The information was already laid out before him; the rest was just mechanical execution. It was like filling out an answer sheet when you already knew the answers—there was no suspense at all.
At 8:20 AM, the car pulled into the parking area at the east gate of Jiangcheng University.
Jiang Chen grabbed his backpack, got out of the car, and walked toward the teaching building.
The Jiangcheng University campus had a quiet beauty on autumn mornings.
The sycamore leaves were starting to turn yellow, and the morning light filtered through the foliage, casting dappled shadows on the red brick walls of the teaching building.
Students in groups of twos and threes walked toward various teaching buildings with their backpacks.
Some held breakfast in their hands, some looked at their phones while walking, and some yawned, chatting idly with the classmates beside them.
Jiang Chen entered Teaching Building No. 3, went up the stairs to the third floor, and turned into the lecture hall at the end of the corridor.
The classroom was already more than half full, the hum of voices mixed with the smell of coffee and breakfast permeating the air.
This session was Financial Risk Management, a large lecture shared by three classes. The lecture hall had over 150 seats, with people scattered throughout.
He spotted Wang Hao at a glance.
Wang Hao was sitting in the fifth row by the window, his curly hair making him particularly easy to recognize in the crowd.
He was looking down at his phone. Two cups of coffee sat on the table, with an empty seat next to him occupied by a book—a classic seat-saving move.
As Jiang Chen walked over, Wang Hao looked up and grinned. "Holy crap, you actually made it on time. I thought you were skipping class again."
"I said yesterday I'd come."
Jiang Chen picked up the book from the seat, sat down, and casually placed his backpack at his feet.
"Right, right, you said you'd come, and I believed you."
Wang Hao pushed one of the coffees over. "Here, iced Americano, your lifeline."
Jiang Chen took a sip. As the cold liquid slid down his throat, he finally felt truly awake.
He leaned back against his chair and glanced at Wang Hao. "Thanks."
"Don't thank me, just treat me to a meal."
Wang Hao chuckled. "By the way, did you write that self-reflection? I asked Old Zhang for you; he said just hand it into his office before Monday. You don't have to read it on stage. Consider it a reward for having a bit of a conscience."
"Got it."
Wang Hao leaned in and lowered his voice. "How was dinner with sister-in-law last night? Did anything... happen?"
Jiang Chen glanced at him, his gaze indifferent and devoid of emotion.
Wang Hao immediately backed off sensibly, raising his hands in a gesture of surrender. "Alright, alright, I won't ask. That look of yours scares me."
Jiang Chen withdrew his gaze, the corner of his mouth twitching up imperceptibly.
At 9:15 AM, the call auction began.
Jiang Chen pulled out his phone, opened the trading software, and logged into his financing account.
The available funds on the screen showed 10.4 million.
2.6 million personal capital, 7.8 million financed capital.
He first checked the order book for Tianji Technology.
During the auction phase, the stock price fluctuated narrowly between 23.4 and 23.6 yuan. Buying and selling forces were balanced; there were no anomalies.
The market was completely unaware of what was about to happen.
At 9:25 AM, the call auction ended.
Tianji Technology opened at 23.5 yuan with over three million shares traded—utterly unremarkable.
Jiang Chen was in no rush to place an order.
He stared at the order book for dozens of seconds. There weren't many orders on the sell side, and the buy side wasn't active either; the entire board was lifeless.
This was exactly the effect he wanted.
No one was front-running before he made his move.
At 9:32 AM, he clicked on the buy interface.
Security Code: 600XXX.
Buy Price: 23.5 yuan.
Quantity: 442,000 shares.
Total Amount: 10,387,000 yuan.
His thumb hovered over the 'Confirm Buy' button for a second.
Then he pressed it.
Executed.
442,000 shares at an average price of 23.5 yuan; almost the entire order was filled.
An inconspicuous bit of volume appeared on the intraday chart, like a drop of water falling into the ocean, without stirring any ripples.
Jiang Chen locked his screen, placed his phone face down on the table, and leaned back, looking at the blackboard expressionlessly.
The school bell rang.
On the podium, a middle-aged professor wearing black-rimmed glasses opened his lecture notes and began teaching the Value at Risk (VaR) model.
Jiang Chen opened his notebook and listened to the lecture attentively.
The morning classes went by quickly.
Risk Management, Corporate Finance, and Securities Investment Analysis—three classes in a row with only a ten-minute break in between.
Jiang Chen sat in his seat, occasionally listening, occasionally writing a few words in his notebook, but spending most of his time scrolling through financial news and stock forums on his phone.
There was no special movement in the Tianji Technology forum. The same old faces were posting; some were bullish, some were bearish, just like any other day.
The stock price fluctuated around 23.5 yuan with an amplitude of less than one percent. Volume was moderate. Everything was normal.
At 10:30 AM, Jiang Chen glanced at Wang Hao and suddenly spoke: "Do you have any spare cash on hand?"
Wang Hao, who was scrolling through short videos on his phone, looked up and blinked. "Yeah, why?"
Jiang Chen's tone was casual, as if discussing what to eat for lunch. "Tianji Technology. Search for the code yourself. If you have spare cash, you can buy some. Buy today, hold for a few days, and there will be unexpected gains."
Wang Hao's eyes widened, and he leaned in, lowering his voice. "Holy crap, you have inside info?"
Jiang Chen looked at him. "Buy if you trust me; if not, just pretend I didn't say anything."
Wang Hao stared at him for two seconds and then grinned. "I trust you. Of course I trust you. When has Jiang Chen ever screwed me over? How much should I buy?"
"Buy as much as you can."
Without a word, Wang Hao pulled out his phone, opened his trading software, and looked at the Tianji Technology page for a moment.
The price was 23.5 yuan, and the intraday chart was a nearly horizontal line with no signs of movement.
But he didn't hesitate, hurriedly doing something on his phone.
After fiddling for ten minutes, he took a deep breath and pressed the confirmation button.
All in.
Only then did he breathe a sigh of relief, leaning back in his chair with an expression that was both nervous and excited.
At 11:30 AM, the morning classes ended.
Wang Hao gave a long stretch and asked what they were eating for lunch.
Jiang Chen said they'd just grab something at the cafeteria, and the two walked toward it together.
The cafeteria was packed. They waited in line for a while before getting their food.
Jiang Chen took his tray to a corner seat and ate quickly. After finishing and wiping his mouth, he checked his phone again.
11:50 AM.
Ten minutes until the midday market close.
Tianji Technology's stock price was still oscillating near 23.5 yuan, up 0.2%. Volume was moderate, with no signs of anyone snapping up shares.
Everything was calm, like the final second before a storm.
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