Chapter 188: Pulling The Trigger
No one can delay him from making money.
Moreover, it will take some time for people like He Yun to arrive.
Hase Jinagawa said that Kageza felt airplane transport for so many people was unsafe. If Chongqing found out and sent a plane to crash into them, the entire Wang Puppet Regime would be wiped out.
So they specially dispatched a warship to pick them up, which would take some time round trip.
First, wrap up the stock matter.
Gu Yansheng arranged to meet He Yun.
“How has Guo Linshuang’s attitude toward you been these past two days?”
“Very polite. He proactively asked what specific position I wanted in the Finance Department. Since Yong’an Company’s business is quite large, involving banks and factories, he was afraid I wouldn’t be familiar, so he specifically introduced me to each subsidiary company. This kind of large enterprise is really different; it’s truly eye-opening. I feel I have a lot to learn.”
“Learning more is good. Arrange your work yourself. Hire some assistants, cultivate some of your own people, center on yourself, and build a management team. There are so many factories; it can’t be the small workshop mindset from the start, handling everything personally—you won’t be able to keep up.”
“Mm, I will.”
Gu Yansheng didn’t say much more on this matter; it was mainly about the stocks.
“First find two brokers to act as your stock traders temporarily. Later, cultivate two of your own people to replace them. This money for buying stocks comes from the traitors’ family fortune and the future Wang Faction Central Bank’s funds. When the day of Victory in the War of Resistance comes and the traitors want to flee, we must cash out this money and transfer it all away—not a single cent can be let them take.”
“Pulling the rug out from under someone?” He Yun was surprised. She had originally thought this was just Gu Yansheng and the No. 76 people joining forces to make money, but unexpectedly Gu Yansheng was already scheming to take their family fortune.
“Alright, I’ll train my own people as soon as possible.”
“Mm.” Gu Yansheng nodded, “This matter isn’t too difficult. After all, it’s making money based on inside information; stock trading ability isn’t very important—mainly the person has to be reliable and obedient.
Normally, they just buy low and sell high to earn the price difference. When there are important moves, I’ll give the information, and you have them cooperate to make money.
It can be said there are hardly any requirements. If brokers didn’t need to take exams for a license, anyone could do it.”
“Got it. When do you need them?”
“If possible, find them today. If not, tomorrow. Tomorrow I’ll release the information. The information also needs time to ferment; it can actually be used the day after. We hold quite a few stocks in hand; let’s make a profit first. I also need to show some results to give these investing bosses a taste of sweetness.”
“No problem. I’ll go find them later.”
The next day, as soon as the stock market opened, stockholders discovered that Yong’an Department Store’s price wouldn’t fall anymore.
There kept being people selling, but also kept being people buying, and in a very aggressive manner, taking whatever amount was thrown at them. In a short time, the price was pulled back to 81.
“What trick is the market maker playing?”
At the exchange, stockholders stared blankly at the blackboard in the middle with the prices written on it.
“A few days ago, it suddenly rallied 8 points. These past few days, it kept falling, even dropping below the starting price of that rally. Now this again—what’s really going on with Yong’an Department Store?”
“Is it the market maker doing wash trading?”
“Have you ever seen a market maker do wash trading using the Tax Bureau?”
“Hard to say. Who knows what games they’re playing.”
“Looks like pump and dump to me.”
“Whatever. If the market maker wants to rally, I’ll follow with one hand.”
The stockholders discussed noisily, some buying, some selling—very normal.
Wu Sibao’s arrival was abnormal. He had already received Gu Yansheng’s message and was to start spreading gossip.
Gossip No. 1 blended into the crowd: “The people who went to Yong’an Factory for tax audit have withdrawn!”
“What? Is that true?”
Just this one piece of information got the stockholders’ moods excited.
They immediately looked at the blackboard: “That makes sense! Reason for the rally found! Yong’an has no problem!”
Gossip No. 2 rushed to the counter: “Buy Yong’an! Buy Yong’an!”
Gossip No. 3 was already near the counter and quickly asked him: “Brother, got any information?”
Gossip No. 2: “Not telling you.”
“I’ll pay, brother. 100 silver dollars.”
“The Tax Bureau Chief is holding a press conference, personally confirming that Yong’an’s taxation has no problem.”
“No problem!”
Stockholders with sharp ears heard this information, and instantly some rushed to the counter, waving banknotes: “Buy Yong’an!”
“I’ll buy Yong’an too!”
Being one step faster means money!
The atmosphere in the hall heated up, and the staff busied themselves, constantly changing the prices on the blackboard.
Since the blackboard was for everyone to see, it was hung high on the wall. Staff stood on small stools, constantly writing and erasing, up and down.
Meanwhile, Wu Sibao’s No. 76 action team members, dozens of them, also waved money to buy Yong’an, shouting to buy Yong’an, getting the whole hall’s emotions riled up.
“Buy Yong’an.”
Gossip No. 4 made his appearance, shouting at the top of his lungs.
“Yong’an’s boss Guo Linshuang accepted an interview. Yong’an has reached an agreement with new investors, preparing to expand operations, transferring 10% of shares to the buyer. The buyer is acquiring at a premium; the purchase price alone is 91.88 per share!”
“What? 91.88! Isn’t that higher than the highest price a few days ago?”
Stockholders looked at the price on the blackboard: “If people are investing to buy shares at 91.88, doesn’t that mean this price is going to break 100?”
“What? Break 100?” A disdainful voice came from nearby: “Break 200!”
“200? People investing so much money, just betting on it doubling? At least 300!”
“500!”
“Buy Yong’an!”
“Buy Yong’an!”
With the stockholders going so crazy, the major investors who had been playing in Yong’an, knowing they were tricked a few days ago, also started frantically procuring.
The price changes on the blackboard sped up more and more; the staff couldn’t keep up. In a short time, Yong’an’s value broke through 90, broke through 95, broke through 100!
The crowd in the hall erupted in huge cheers.
Upstairs in the Large Account Room.
He Yun watched this scene; she could only say there were truly many rich people in the Concession, and stockholders were truly crazy.
Yong’an at 100 per share—one hand of ten shares cost 1,000 silver dollars, enough to buy a two-story small building in Zhabei.
Some stocks were cheap, so ordinary people could play a bit, but with this Yong’an stock, without some family fortune, you really couldn’t participate.
According to the plan, another wash trading was needed to wash out some of the Concession’s funds and take some profit along the way.
“Sell off.”
At He Yun’s command, the two brokers immediately started selling.
The stock price peaked at 109, then began to fall, oscillating repeatedly in the 105 to 109 range.
“Definitely the market maker wash trading! I won’t sell a single share!”
“Right! Not a single share!”
The stockholders were full of courage, united as one!
Under the huge selling pressure from He Yun’s massive holdings, ten minutes later, the stock price directly broke below 100.
“Hold steady.”
“Time for bottom fishing!”
Twenty minutes later, the stock price fell to 92.
“Bottom fish! Their shareholder cost is almost 92!”
“Right, definitely wash trading.”
“About to rally!”
91.
“Bottom fish.”
90.
“Impossible to break below 90.”
The stock price gamed around 92 for ten minutes.
Finally broke below 90, like a psychological barrier—breaking an integer level made stockholders uneasy.
Observing a bit more: 89, 88.
Major investors saw the situation turning bad and joined the selling troop, regardless of the reason for the fall—run first, or get trapped.
85, 82.
The stock price fell faster and faster.
“It’s dying! Didn’t Yong’an have no problem?”
“Fake news! Definitely fake news!”
“Impossible. I checked; the tax audit people at Yong’an really left.”
“Then why is it still falling?”
“Yong’an definitely has a problem!”
