Chapter 109 [War Begins]

Chen Family Villa Study
The lights were a little dim, making the already depressing atmosphere even more solemn.

Chen Xingting's clothes were not as neat and clean as usual, and his face looked listless. If he had not been in front of Chen Fenben, he would probably have fallen asleep.

"What's going on? Hengyao Real Estate's stock price has collapsed and has fallen to 2.5 yuan. What on earth did you do?" Chen Fenben's voice was very low, like a subwoofer. It was obvious that he was very angry, but he was trying hard to suppress it.

"I only cashed out a small portion of the stocks and didn't do anything else." Chen Xingting quickly confessed the matter. He was frightened when he heard the stock price plummeted.

Chen Fenben raised his palm and wanted to slap him, but he stopped when it was almost to his face. He sighed and said, "It's useless to beat you to death now. Tell me, how do you think we should solve this problem?"

"I will immediately transfer funds and raise the stock price in the afternoon." Chen Xingting was not completely sober, but he was scared by Chen Fenben and broke into a cold sweat. He was very afraid of pain.

Chen Fenben's anger subsided a little, and the instructor said, "That's not enough. You should immediately find some reporters and hold a press conference to announce that Chen's Jewelry Company is going to continue to inject capital into Hengyao Real Estate Company, and that Hengyao Real Estate is going to acquire more high-quality properties. As for the details, you can discuss them, but you must be quick, and it's best to spread the news before the market opens in the afternoon."

Chen Fenben is indeed an old hand in the business world. He handled the emergency calmly and without much panic. The one who made him so angry was probably Chen Xingting's doing.

"Yes, I'll deal with it right away and mobilize everyone in the company." Chen Xingting was very used to his father's style.

HSBC Trading Floor
It was just after eleven o'clock in the morning. Li Wendi looked at the panic-stricken trading hall with a smug look on his face. He thought to himself, "Others are panicking, but I am greedy."

However, he has already sold all the goods on hand. Now he is waiting for the panic atmosphere to spread. The stock price of Hengyao Real Estate Company will plummet to pieces.

Suddenly, Zhang Yan appeared in front of him, his clothes soaked with sweat, and he was gasping for air through his mouth and nose.

"Oh no, Wendy! Chen Xingzhou just called and said that Chen Xingting and Chen Fenben already knew about the stock price plunge and may be trying to remedy the situation now." Zhang Yan said intermittently.

Li Wendi immediately held his breath for a few seconds, and his breathing became rapid. He didn't expect that he could only block the Chen father and son for 2 hours, which was certainly not enough.

"Okay, I got it." Li Wendi waved his hand as if he was relaxed, stood up and hurried to find Wu Xiong.

Li Wendi instructed Wu Xiong, "Mr. Wu, please prepare a small meeting room for me. You will be my trader full-time, and other clients can be handed over to others for the time being."

Seeing Li Wendi's solemn expression, Wu Xiong nodded subconsciously and handed the work in his hand to his colleague.

In the small conference room, Li Wendi issued the first order to Wu Xiong, "Mr. Wu, you will immediately use 200 million to buy 2.5 shares of Hengyao Real Estate at 80 yuan, and then buy 2.3 million shares at 100 yuan."

Wu Xiong quickly took out his small notebook and wrote down Li Wendi's order.

"Are you using the big account (cooperative account) to buy it?" Wu Xiong asked.

"Yes, be sure to buy 200 million shares before the market closes." Li Wendi said in a deep voice.

Fortunately, Li Wendi had already made arrangements for emergencies before the plan started, otherwise it would be really chaotic now.

Li Wendi expected that Chen Fenben would mobilize funds to rescue the market and at the same time increase the confidence of shareholders in Hengyao Real Estate Company. He might even lose face and ask friends to help buy Hengyao Real Estate Company's shares to increase the share price of Hengyao Real Estate.

Small tricks seem to be not enough in the face of a huge gap in strength, but Li Wendi wants to try "Liu Luanxiong's sniping method", and Chen Fenben should not be able to stop him. After all, even a great man like Li Zhaoji can do nothing about it.

As for the bad reputation, Li Wendi doesn't think there will be any, because this is revenge, not just for money.

Half an hour later, Wu Xiong came running over and hurriedly said, "Mr. Li, I have already bought 2.5 shares at 2.3 yuan, but I only bought less than 3 shares at yuan for million shares."

What Wu Xiong meant was that it was difficult to buy at 2.3 yuan because a large number of shares had already been bought at 2.5 yuan, which investors could see. So they all had a glimmer of hope, thinking that the stock price would go back up.

Li Wendi was not surprised. Investors were not fools. He said, "Then buy 2.6 million shares at 200 yuan. Notify me after you have bought all the shares."

Wu Xiong became even more confused, but under the current circumstances he could only follow orders.

A few minutes before the market closed, Wu Xiong ran over to report to Li Wendi that all 200 million shares had been bought.

Li Wendi sighed and said, "Mr. Wu, have a good rest. The afternoon has just begun." Wu Xiong is considered a veteran in Hong Kong's financial industry. He naturally knows the rules of the stock market. The situation in the afternoon will probably be even more intense.

Hengyao Real Estate Company
The press conference has been prepared and a large number of reporters are in place. All that’s left is for the protagonist to appear.

"Mr. Chen, the company's stock price has started to rise and has already increased to 2.7 yuan." The subordinate came to Chen Xingting very happily to take credit for it.

Hearing this, Chen Xingting felt relieved. This was a good trend, and perhaps it wouldn't be a problem for the price to rise back to 3.2 yuan.

"Okay, you continue to keep an eye on the stock market this afternoon and report to me if there is any movement."

"Yes, as soon as the lunch market opens, I will keep a close eye on it and will not miss any details." The subordinate continued to express his loyalty actively.

In the eyes of ordinary people, Chen Xingting is a typical upper-class figure. With just a little support, ordinary people will benefit from it.

Chen Xingting went to the press conference with a genuine smile on his face.

Sitting on the stage, Chen Xingting spoke eloquently, "Hello, friends from the press! I am Chen Xingting, the general manager of Hengyao Real Estate Company."

"Mr. Chen, I heard that the stock price of Hengyao Real Estate Company plummeted because a major customer sold off his shares on the stock market. What measures does Hengyao Real Estate plan to take to stop the stock price from falling?"

"Mr. Chen, according to rumors, you also sold a lot of stocks and made millions. Is this true?"

Some of the questions made Chen Xingting blush. How did the reporters know these secret information?

However, Chen Xingting still knew the seriousness of the matter. He answered reporters' questions with a slight smile, although he skipped some questions.

It was not until the end of the press conference that Chen Xingting revealed his evil face and ordered his subordinates, "Go and deal with those reporters who asked random questions just now and teach them the rules."

The subordinate immediately understood what Chen Xingting meant, nodded and said, "Don't worry, I will definitely teach them well."

The stock market opened in the afternoon. Due to Chen Xingting's press conference, the share price of Hengyao Real Estate Company began to rise slowly. Some small scattered shares disappeared. At 3:, the share price rose back to yuan.

However, Li Wendi was not worried at all. Instead, Wu Xiong was a little nervous. He was worried that Li Wendi's plan could not be implemented, although the rising stock price was beneficial to his commission.

"Mr. Li, some people in the stock market have started to buy up stocks in large quantities. Should we go and grab them?" Wu Xiong suggested.

Li Wendi sneered, "Of course, we will continue to push up the stock price, and then take the opportunity to make a profit, and suppress the stock price at the same time."

"How many shares do we have?"

Wu Xiong replied, "280 million shares!"

"What about the stock price?" asked Li Wendi.

"3.3 yuan!"

"Okay!" Li Wendi said with a straight face, "Go, help me raise the share price to 4 yuan and buy 100 million shares."

"Yes!" Wu Xiong immediately became excited and went to make arrangements with high morale.

Wu Xiong is indeed a professional. He raised the share price to 4.1 yuan in just two hours in the hot stock market.

"Mr. Li, the other side has begun to shrink, and the buying volume has become smaller." Wu Xiong came to report the good news.

"There are still 40 minutes before the market closes. If I ask you to sell 3.8 million shares at 4-200 yuan and drive the stock price down to 3.7 yuan, can you do it?" Li Wendi asked with a smile.

(End of this chapter)