Chapter 358: Smashing and Protecting the Market

The stocks Mr. Chen bought were all steel stocks.

Thanks to the development of national infrastructure and real estate, the demand for steel has always been very strong.

The steel stocks are large and it is unlikely to rise sharply, but the trend is still very stable and has been in a steady upward trend, which is what people call the slow bull market.

It can be said that with such a stock and such market conditions, it is difficult for you to lose money, let alone suffer a big drop and be bankrupted.

Thinking of this, Mr. Chen smiled and said: "Xu Yang, you have some strength. You have become a billionaire in one year, and you have also established a relationship with the top rich man like Zhang Yimin, the richest man in the world. This time you hit us, and you also showed that you are a billionaire." The network of connections is strong, but in the stock market, let alone the richest man, it will be useless even if the richest man in the world comes, it is impossible for you to deal with me."

Xu Yang smiled coldly: "Then just wait. I'm not calling you to quarrel with you, but to remind you to have a good meal at noon, otherwise I'm afraid you won't be in such a good mood in the future. ”

After saying that, Xu Yang hung up the phone.

Mr. Chen smiled and shook his head, feeling that Xu Yang just overestimated his abilities.

However, he still called the old housekeeper in and asked him to arrange for a computer to be connected to the huge TV screen on the wall of the living room.

Soon, the K-line charts of the market and several stocks he bought appeared on the TV screen.

Afterwards, everyone had lunch together.

Soon it was one o'clock in the afternoon, and the afternoon trading of the stock market began.

On the TV screen, the market trends were all normal. The three stocks held by his company, Beigang Company, Nangang Company, and Xigang Company, were all very stable. There were no big selling or buying orders, and they were all in the dozens. Transactions involving hundreds of lots were made.

It can be said that they are all played by small retail investors.

The prices of these stocks are not high, just about ten yuan.

One lot is one hundred shares and costs one thousand yuan.

A few dozen hands is worth tens of thousands of dollars, and a few hundred hands is worth hundreds of thousands.

In the stock market, people who invest hundreds of thousands are simply not too many, just proper retail investors.

Twenty minutes passed without any abnormality. Mr. Chen smiled directly and said: "It's been twenty minutes and Xu Yang still hasn't taken action. There are only one hundred minutes left. I want to see how he can make me bankrupt."

After he finished speaking, some changes occurred on Beigang Company's board, and someone threw out two thousand hands.

Two thousand hands is two million.

Under normal circumstances, retail investors are unlikely to make two million transactions at once.

The market price is ten yuan, ninety-seven yuan.

Seeing this situation, Mr. Chen's expression changed slightly.

If you sell it at a price that is 30 cents lower than the market price, you will lose 30,000 yuan.

Under normal circumstances, it is impossible for anyone to do this.

Of course, if someone is in a hurry to cash out, that is also possible.

In his investment career of more than ten years, he has seen this kind of situation.

Thinking of this, Mr. Chen couldn't help but feel relieved and couldn't help laughing: "What's wrong with me? Xu Yang made me a little nervous. Isn't there just someone selling two thousand lots at a low price? As long as no one follows the selling That’s it.”

Everyone nodded. Looking at the market, it was true that no one was following the selling.

Mr. Chen continued: "It must be someone who is anxious to cash out, so he sold it like this. The outstanding shares of Beigang Company are worth 50 billion, and a transaction of 2 million is not even a drop in the bucket."

Mr. Chen glanced at everyone and continued: "You don't have to worry about my stocks. We will keep an eye on the market and discuss it to come up with a comprehensive plan to bring down Xu Yang in one fell swoop."

After he finished speaking, before anyone could speak, Beigang Company's board changed.

Suddenly, two hundred sell orders for 1,000 lots appeared, directly driving the price to 9.7 yuan.

Immediately afterwards, another hundred sell orders for 1,000 lots appeared, stabilizing the price at 9.6 yuan.

Obviously, someone is ruining the stock price.

With a trading volume of 300 million, there is no doubt that Xu Yang took action.

When retail investors see this kind of trading volume, they will think that the dealer is shipping goods, and they will follow the trend and sell, further depressing the stock price.

Sure enough, the subsequent price trend of Beigang Company fully reflected this.

After those three hundred sell orders of 1,000 lots appeared, hundreds of sell orders of dozens of lots and hundreds of lots continued to be sold, continuing to push down the stock price, pushing the stock price to 9.5 yuan.

In just such a short time, it dropped by fifty cents.

Don't look at it. It's only 50 cents. The share price of Beigang Company just now was only 10 yuan. For 50 cents, it has dropped by 5%.

This is already a big drop!

Fortunately, the stock price stabilized at 9.5 yuan and did not continue to fall.

This made Mr. Chen sigh in relief.

If it falls further, it may cause more retail investors to follow the trend and sell, which will trigger an avalanche effect. By then, no one will be able to pull back Beigang's stock price.

However, it is also very dangerous now. Something must be done to save the situation, otherwise it will cause an avalanche effect and it will be really over.

So Mr. Chen immediately said: "Immediately buy it for ten yuan to bring the price back."

Mr. Chen is going to protect the market.

As long as Beigang's stock price returns to normal, nothing will happen.

The old butler immediately bought it. He had already taken over the operation rights of the investment company's account.

Soon, five minutes passed.

Due to Mr. Chen's protective behavior, Beigang's stock price returned to the position of ten yuan.

Some retail investors felt that those selling orders just now were the dealers washing the market, and there were many buyers, pushing the price to ten yuan and twenty cents.

What was originally a 5% drop has now become a 2% rise.

Seeing this situation, Mr. Chen couldn't help but laugh.

"Haha, you saw it, Xu Yang wanted to sell it, but not only failed, but the price also went up!"

However, as soon as Mr. Chen finished speaking, the board changed again.

Another eight hundred sell orders for 1,000 lots appeared, pushing the price to 9.6 yuan again.

The old housekeeper asked: "Master, do you still want to buy it?"

Mr. Chen thought for a while and said, "Buy it. If the price goes up to ten yuan, I won't believe it. He still has so many goods."

Upon hearing this, the old housekeeper immediately made a purchase operation.

If you want to hit the market, you must have the goods on hand.

If you don’t have the goods, it’s useless even if you have trillions of funds.

Now it seems that Xu Yang has lost more than one billion yuan by smashing the market, and Xu Yang probably doesn't have much in his hands.

After all, what happened this time was accidental. Even if Xu Yang had Beigang Group shares, he probably wouldn't have many.

The price finally got back to ten yuan.

When Mr. Chen was about to take a sip of tea to soothe his throat, the disk changed again.

A thousand sell orders for 1,000 lots appeared, directly driving the price to 9.5 yuan, which is today's lowest point.

The old housekeeper looked at Mr. Chen, his meaning was very clear, do you want to buy it and bring the price back up?

"Buy!" Mr. Chen said solemnly.

It should be almost there, Xu Yang should be out of stock.

But just as Mr. Chen thought of this, the market changed again, and another thousand sell orders of one thousand lots appeared.

Damn it!

Mr. Chen's expression changed and he almost jumped out of his chair.

Another billion, how could Xu Yang hold so many stocks?