Mistaking My Sister-In-Law for My Wife After Getting Drunk!

Chapter 359: Anyway, I'm Rich



Old Master Chen said somberly, "Keep buying, we must maintain the stock price!"

The old butler said, "Master, we have spent almost ten billion on two occasions to defend the price, and now there isn't much liquid capital left in the account."

Most of the company's funds were used to purchase stocks, leaving only ten billion in liquid capital for emergencies.

The two defenses had nearly depleted all the liquid funds.

Old Master Chen fell silent for a moment and then asked, "We don't have any, but do our clients' accounts have any?"

The butler's face changed, "Master, there are twenty billion in idle funds in clients' accounts, but it's illegal to use clients' funds without their consent."

Old Master Chen's investment company not only invested his own money but also managed wealth for clients.

Thanks to the impressive investment returns over the years, quite a few people entrusted their money to him for management.

The majority of the clients' funds were invested in stocks, with roughly twenty billion left in idle funds.

"What's legal or illegal doesn't matter if no one finds out. As long as we weather this storm, we can return the funds. After all, the bull market is bound to continue rising."

Old Master Chen had a good plan in mind, as long as they weathered the storm, the stock prices would continue to rise.

The stocks he was buying now would not only avoid losses but also stand to make a profit.

Later, they could discreetly return the clients' money and everything would be fine.

He felt that it was unlikely that Xu Yang would continue to sell off the market.

Even if Xu Yang still had stocks, there couldn't be many left.

Just hold on a little longer and then he would come out on top.

"Alright." The old butler knew Old Master Chen's mind was made up and immediately started to move client funds to continue buying Northern Steel Company shares, pulling the price back to ten yuan.

The butler heaved a sigh of relief after the price recovery, but just as he took a sip of tea, the stock price got hammered down again.

This time it was particularly fierce, breaking through the lowest point and plummeting to nine yuan and forty cents.

The old butler looked at Old Master Chen, "Master..."

Old Master Chen immediately said, "Buy, we must maintain the price!"

The butler acted swiftly, continuing the purchase.

This time, just as they had managed to pull the price back to nine yuan and eighty cents, well before reaching ten yuan, a large wave of sell orders came in, crashing the price to nine yuan and thirty cents!

Without waiting for the old butler to ask, Old Master Chen ordered, "Buy! It should be almost over, Xu Yang has sold tens of billions worth of stocks, I don't believe he has any left!"

It seemed that Old Master Chen had guessed correctly.

After pulling the price back to ten yuan, there were a good five minutes without any signs of further selling pressure.

Old Master Chen started to smile, "It looks like Xu Yang has run out of stocks, I've won!"

The old butler said, "Even if Xu Yang doesn't have Northern Steel Company shares, he might have stocks from other companies. He could shift his target to our other two stocks which have lower trading volumes. The daily turnover for these is only around twenty billion. It's impossible that Xu Yang knew to target us in advance and purchased stocks earlier.

The stock fluctuations in the last few days haven't changed much, meaning if Xu Yang does hold stocks, they were bought earlier and he's unlikely to have many. We still have about ten billion in funds; even if Xu Yang dumps the other two stocks, we can hold the market."

Clearly, the old butler, having worked with Old Master Chen, was very knowledgeable about the stock market too.

Old Master Chen nodded, "That's right."

Then, as he looked around at everyone, he said with a hint of smugness, "You see, Xu Yang is not invincible, he may have some decent moves, but he can't do much against me in the stock market."

Naturally, everyone nodded vigorously, heaping praises on him.

The operations conducted by Xu Yang had left them deeply unnerved.

For Old Master Chen to defeat Xu Yang was like bringing them hope.

As long as Old Master Chen held on, they could devise a plan to defeat Xu Yang once and for all, and then they would divide Zheng Kaiyang's thirty billion dollars among themselves.

```

Even now, some were already pondering this matter.

As long as he performed well when Old Master Chen inquired later on, offering some useful advice.

However, not long after Old Master Chen finished speaking, the situation on Northern Steel Company's trading floor changed again.

The price was directly knocked down to $9.20!

"How is that possible!"

Old Master Chen spat out the sip of tea he had just taken into his mouth.

"He's already dumped tens of billions; how could he still have shares left to sell?"

Everyone exchanged glances, their expressions somewhat peculiar.

Old Master Chen had just given them hope, and that hope had shattered so swiftly.

Right then, the market price continued to fall, $9.20, $9.00!

It was already a drop of 10 percent; thankfully, it was the Hong Kong stock market, with no limit up or limit down restrictions, otherwise, $9.00 would have been the daily limit already.

"Buy in, we must protect the board! We still have over ten billion, right? I refuse to believe he still has that many shares to sell!" Old Master Chen bellowed madly, his eyes reddening as though he were a gambler losing himself to rage over his losses.

Anyone who knew even a little about the business would know that Old Master Chen's actions were a measure of desperation.
Find your next adventure on empire

If Xu Yang continued to dump shares, Old Master Chen would be finished.

Should the stock avalanche, it wouldn't matter if he lost his own money, but it was mainly the client's funds that were trapped, and who knew when the clients might realize it.

If it were discovered that he had misused client funds, his only option would be to face the tears behind iron bars.

So now, the only option was to continue protecting the board.

The old butler continued to execute buy orders.

But his buy orders could only slow down the falling momentum; there were still large sell orders continuously placed, effectively impossible to pull back. Even if he spent all his clients' money, he couldn't pull it back.

The stock price hovered around the $9.20 to $9.30 range.

This situation couldn't last long; if more people noticed, they would undoubtedly follow the trend and sell.

For Old Master Chen, this was surely a disaster.

"How does this guy have so many Northern Steel Company's shares?"

Old Master Chen's face turned pale, at a loss.

At that moment, his phone on the table rang.

The caller ID displayed that it was Xu Yang calling.

Old Master Chen didn't know why Xu Yang would call, but he picked up anyway.

"What do you want to talk about?" Old Master Chen asked directly.

"Are you wondering how I have so many shares?" Xu Yang asked.

"You should be somewhat aware of my network; you must know Jiang Zhen and Shen Wanpeng, wealthy tycoons from Jiang City. They both have investment firms and happen to own quite a lot of Northern Steel Company's shares. I'm on fairly good terms with them; they've lent me their shares to use, telling me to use them as I please.

If that's not enough, they can contact others too," Xu Yang said with a laugh.

"You…" Old Master Chen gritted his teeth, "Aren't they afraid of losses? Just letting you cause havoc like this?"

Xu Yang casually replied, "Afraid of what? After all, I'm rich; worst case, I'll just compensate them with money."

"You're ruthless!" Old Master Chen said through gritted teeth, "But don't you feel smug just yet. So what if you bring down the share price? I won't sell. Given the current market situation, it'll only take ten days or half a month to bounce back. This is like buying at a bargain for me. Come to think of it, I should even thank you.

If it weren't for you, I wouldn't be able to buy so many shares. I could earn even more this time."

Xu Yang asked with a sneer, "Ten days, half a month, they can indeed rise back up, but can you wait that long?"

```


Tip: You can use left, right, A and D keyboard keys to browse between chapters.