Chapter 57 – Taking over Chen’s (1/2)
“Pull up the price of the stock? What, seriously?” Recently, Chen Zelong hasn’t been to the company and drowned himself in alcohol, so he didn’t pay attention. That’s why, hearing Lil Gang say that, he immediately cleared up quite a bit.
“That’s right, currently, the price of Chen’s has already returned back to its original position, I heard that it’s going to increase even more!” said Lil Gang.
“What? That’s happening?” Chen Zelong immediately thought that it was a chance, not only would it allow him to recover, he might be able to earn a large amount of money from this!
“What, Young Master Chen, don’t you know about this?” Lil Gang asked in confusion.
“No, no, fluctuation of the stock is natural, how can there be any mastermind behind it!” Chen Zelong immediately denied it. Right now, the only thing he wanted to do was to hurry home and make use of this chance!
After Chen Zelong left, Lil Gang revealed a sinister smile! Of course, Lil Gang is just a nickname, his real name is Ma Qiang. He is one of Ding Baosan’s subordinates, and is called Xiaoma-ge by the people in the underworld. He has once gotten into a conflict with me, but since he is rather smart, he quickly got recognized by Guo Qing and got sent to Hong Kong to take control of a few clubs.
The club that Chen Zelong came to this time, was coincidentally one of the Three Rock Gang’s clubs.
The first thing Chen Zelong did after returning home was turning on the computer to see the price of Chen’s stocks in recent days. He was really surprised after seeing it, the stock price truly increased like it was flying!
Although Chen Zelong didn’t quite understand how the stock market worked, he still understood what something so obvious meant. Right now, a mastermind behind the scene was stabilizing the stock price as the number of transactions of Chen’s stocks decreased.
Chen Zelong thought about it for a while, then made a daring decision! He decided to chuck out all of the Chen’s Corporation’s shares he has on hand, then buy it all back when the mastermind starts selling again. As long as he succeeds, the income it will bring is not just that two billion that was lost, it might even be more!
Of course, it can’t let his father, Chen Tianlei, know about this. He has 25% of Chen’s Corporation’s shares on hand, while Chen Tianlei had 26%. It was only so that the Chen family was able to firmly control Chen’s Corporation. Once one of them sells it and someone takes the chance to take over Chen’s, it may cause Chen’s to be completely destroyed.
If Chen Tianlei finds out about this, he definitely wouldn’t agree to Chen Zelong doing that. However, how could Chen Zelong go and screw himself over.
The Hong Kong stock market was different from the mainland’s. The shares of the shareholders of a listed company didn’t have anything attached to them and can be directly sold on the market.
Hearing Ma Qiang’s report, Guo Qing and I looked at each other and smile. This Chen Zelong fell for it as expected!
The money that entered the market the other day was from Chen Zelong selling all of his other stuff, but he wasn’t able to get too much, since I pretty much swept up all the shares in the market.
I didn’t want to wait anymore, and thus, immediately ordered the subordinates to finish their adjusting phase, causing Chen’s stocks to rise up quickly. Three days later, Chen’s Corporation’s stock price increased by thirty percent! The price was already about right, I didn’t want to pull it any higher, since it was enough for that greedy bastard, Chen Zelong, to sell all of his stocks, since it was a profit of more than two billion!
That’s why I started to get the subordinates to start swapping shares in order to create the false image of the mastermind starting to sell his stocks, resulting in the stock price lowering as well.
As I expected, Chen Zelong couldn’t wait anymore, he was greedy for more profit initially, but the mastermind had already started selling! However, he would still profit with this, thus, Chen Zelong made the immediately decision to sell all of his shares quickly! Chen Zelong also got a bit of profit, since at the very least, he earned quite a bit from the shares that he got from building a storage house a while back!
I also understood this, and this was also the profits I deliberately left for him. However, that was it.
Just as he sold it all out, Chen Zelong fantasized about how Chen’s stock price would fall tremendously after he sold his shares, since it was half of the tradeable shares on the market!