Sweet Wife Arrives: Mr. CEO, Please Pamper Me -
Chapter 121: V24: No wonder Zixuan said Mr. Feng is unbearable when he becomes childish; truly, seeing is believing_4
Chapter 121: V24: No wonder Zixuan said Mr. Feng is unbearable when he becomes childish; truly, seeing is believing_4
Chen Si Heng was stunned, "This guy’s IQ isn’t low at all."
"If it were low, would it still be him?"
He’s even playing psychological games, sending a clear signal to the big players behind that he’s here to safeguard them!
This way, even if he buys the stock a few cents higher, the rest will be swept away by the big players, and overall, it doesn’t cost much more than the 2.2 million itself in stock price.
Yu Yuanshen chuckled mockingly, but didn’t mind, waved his finger, and soon, 8 million shares started being sold.
...
Over on this side, Qin Nuo was staring at the large-screen market display that was let out, and couldn’t help but take in a cold breath, "Wow, President Yu sure has a big stockpile, it’s nearly 6 million shares back and forth already, and he can still release 8 million."
Feng Chengjin gave a light laugh, as if mentally prepared, facing those numbers without any rush.
"The first batch, 2 million, the second batch is estimated to be around 2 million as well, the third batch can reach 8 million, it looks like he has at least 30-40 million shares on hand."
What?
Hearing this number, Qin Nuo almost bit his own tongue.
"So many? Worth about 400 million?"
What else? Feng Chengjin slightly raised an amused eyebrow.
People like them generally don’t throw all their capital into a venture, nor are they completely risk-averse.
So the one-third principle becomes extremely important, unlike the half-and-half rule of either win big or lose big, nor like those who gamble it all.
This wave of releasing 8 million shares is essentially asking if he dares to accept a stock price of at least 400 million.
With a mischievous cold smile at the corner of his lips, Feng Chengjin kept a very calm face.
After a pause, he nodded towards Qin Nuo, "Sweep it all."
What!
Realizing President Feng was truly planning to corner President Yu this time and wouldn’t stop until one of them is dead.
Qin Nuo swallowed hard, nodded, "But the budget..."
"Transfer 1 billion, is that enough?" Feng Chengjin said with a faint smile, stood up, glanced at his wristwatch, "You keep an eye on it, I’ll go eat, and then take a lunch break."
His languid posture almost made Qin Nuo bite his tongue.
With Junsheng Group’s total market value at 15.4 billion, moving 1 billion almost accounts for close to a 6.5 percent stake.
Now, let alone trapping President Yu, even trapping President She, President Tongue, President Ren, and President Yu, it would be enough!
Right then, Qin Nuo operated with great excitement.
...
When the situation was relayed to GIO Investment Bank.
Watching the move of clearing out another batch of 8 million shares, Chen Si Heng couldn’t help but laugh out loud, "Who did you offend this time? Old Yu, if you keep clearing like this and if the opponent is targeting you, they probably already know how many shares you hold, and with such bold acceptance, they must have immense financial strength. Continuing like this, even if we are skilled in operations, I don’t think holding on to the result is feasible."
Yu Yuanshen gave a cold laugh, his expression remaining calm, "What’s there to fear? If they’ve guessed how many shares I have and still dare to accept, today they might play me like this, but can I not do the same to them in the future?"
Self-confidence made Chen Si Heng momentarily hazy, as if he guessed something but dared not confirm it.
Yu Yuanshen just smiled, not explaining, patted Chen Si Heng’s shoulder, "It’s fine, after all, the time for today is almost up, what’s left to buy or sell has to wait till tomorrow, and with these remaining over 30 million shares, even if he wants to buy them, it’ll take time. Furthermore, selling these off, we don’t need financing, but we can do short selling, right?"
The cold charm allowed Chen Si Heng to catch a rare glimpse of Yu Yuanshen, but, for those in the job like them specializing in stocks, short selling isn’t difficult.
So, nodding, "Short selling can be done, but this profit..."
To sell like this is to always lose; will those holding large stocks be fine with that?
Yu Yuanshen chuckled, tidied his shirt sleeves, saying, "You handle the short selling with ease, I’ll find a way with the profit."
"What way do you have?"
"Shear the sheep from the flock, their financial statements last quarter were nice, I think, to make up for the profit shortfall, letting their stocks foot the bill isn’t bad, what do you think?"
The astuteness made Chen Si Heng slightly stunned, and he nodded with amusement.
Yu Yuanshen’s eyes carried a cold gleam, getting up and walking out.
...
Thus, for the next three days, the stock price of the entire Junsheng Group was stirred into chaos.
Yu Yuanshen dared to sell, Feng Chengjin dared to buy.
But Feng Chengjin wasn’t a fool; if the price dared to go high, he’d wait for it to dip to buy at a low price before the limit.
Of course, Yu Yuanshen was even less of a fool, with a large amount of stock in hand, truly meeting a retail price lower than what he set, he’d jump in with Feng Chengjin to bottom-fish.
Everything was fine.
The only issue was for Junsheng Group, facing a few days of hectic domestic matters and not paying much attention to work, for Mr. He.
Liang Xi looked at the stock prices which were rising and falling, more dramatic than an ECG, his heart beating more erratically than that graph.
The extreme fluctuations almost made Junsheng Group’s market value swing between billions in gains and shrinkages daily.
Liang Xi felt completely dumbfounded, and mentally experiencing a myocardial infarction, what on earth was going on?
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