Chapter 2158 2160 [It’s hard for a clever woman to make a meal without rice]
After leaving Lisboa, Xiang Nan, Xiao Jue and Long Jiwen wandered around Macau.
Macau actually has many places of interest, such as Ruins of St. Paul''s, Fisherman''s Wharf, A-Ma Temple, etc.
?In addition, Macau’s local food is also very unique. Especially the Portuguese cuisine is one of a kind.
?The three of them ate and walked around until they returned by boat in the evening.
“Ah, it’s so fun.” Long Jiwen said happily on the way back.
She has been to Macau many times, but never as happy as today.
“By the way, where are you going to play tomorrow?” she asked curiously.
"You just know how to play." Xiang Nan knocked her on the head, "I''m going back to Chinatown tomorrow, but Xiaomei has time, so you can play with her."
“You hate it, don’t knock me on the head.” Long Jiwen said sternly, “It’s okay, as long as you don’t stand around and obstruct your eyes, Xiaomei and I can have a lot of fun tomorrow.”
“Ha, are you trying to burn bridges across the river?” Xiang Nan smiled and hit her on the head.
“Ah, I’ll fight you.” Long Jiwen shouted, picked up Xiang Nan’s head and rubbed it hard, turning his hair into a bird’s nest.
??The little Jew looked on, laughing so hard that he couldn''t help himself.
…
The next day, after Xiang Nan sent Fang Min to school, he came to the Chinese Bank.
On the way, he also called the real estate agent.
“How is the deal going on with the house at No. 46 Pule Road?” Xiang Nan asked. He had been waiting for several days.
"Mr. Fang, we are still discussing No. 46 Pule Road. If you are in a hurry to use the house, we also have several villas on hand. If you are interested, you can come and take a look." The real estate agent said immediately.
“Okay, I’ll go over and take a look when I have time.” Xiang Nan nodded.
?With his current net worth, it doesn’t matter if he buys a few more houses. After all, he, Fang Fang, Fang Ting, and Fang Min will all get married in the future, and it is unrealistic to squeeze into one villa, so sooner or later, they will have to buy more houses.
?Then it would be better to take advantage of the current cheap housing prices and buy a few more units to save. When the time comes, each of them will get a set when they get married, which can also be regarded as a gift from his eldest brother.
…
After arriving at the Chinese Bank, Xiang Nan told the stock broker that as long as the stock price of Chen Wanxian''s listed company was less than two yuan, he would buy it, and if it was higher than two yuan, he would sell it.
He knew that today would be a fierce offensive and defensive battle.
?Last Friday, Chen Wanxian sold a large amount of his company''s stocks, pushing the stock price to 1.7 yuan, causing Chen Taotao to lose more than 350 million.
?Hence, as soon as the market opens today, Chen Wanxian will definitely repeat his old tricks and continue to sell stocks to suppress the stock price and consume Chen Taotao''s funds. When Chen Taotao runs out of ammunition, he will take advantage of the low price to absorb stocks and consolidate his controlling interest, making Chen Taotao''s acquisition completely fail.
So today, the stock prices of listed companies under Chen Wanxian''s name will definitely fluctuate violently. The ups and downs are a good opportunity for Xiang Nan to make money, and he will naturally not miss it.
…
Sure enough, as soon as the market opened at 9:30, Chen Wanxian''s sales representative continued to ship in the market, and the stock prices of his seven listed companies naturally fell.
When the market opened, it was 1.7 yuan. By 10:30, it had dropped to 1.3 yuan.
Chen Taotao was naturally panicked and excited when he saw the stock price drop so sharply. The panic is that the stocks he holds are depreciating sharply; the excitement is that as the stock price plummets, it becomes easier for him to acquire. So he immediately ordered his team members to start scanning the goods.
In this way, Chen Wanxian and Chen Taotao formed a struggle. One sells and the other buys. Whoever fails to hold on first loses. The battle is all about financial resources.
??Although Chen Taotao suffered a big loss last Friday, resulting in a loss of HK$350 million, he didn''t care very much.
Because the bet was not lost and he still had money on hand, the acquisition game could continue. As long as he can detect where Chen Wanxian''s Achilles'' heel is, he will be the final winner.
?? Chen Wanxian''s Achilles'' heel is the listed company in which he does not control. As long as he takes it, he can check Chen Wanxian''s account.
As long as there is something wrong with him, he can send Chen Wanxian to prison. At that time, the remaining listed companies will be leaderless and will be harvested by him sooner or later.
So he kept instructing the market representatives to purchase the stocks of seven listed companies owned by Chen Wanxian in order to test which company was Chen Wanxian''s Achilles'' heel.
But to Chen Taotao''s surprise, no matter how many stocks he bought, Chen Wanxian kept selling and suppressing the stock price, as if the stocks in his hands were endless and he was not afraid of Chen Taotao''s acquisition at all.
"It''s impossible. According to my estimation, with Chen Wanxian''s financial resources, it is absolutely impossible to control seven listed companies. At least one of them must be a weak point. Why can''t he find out by testing?" Chen Taotao wondered.
“Taotao, we don’t have much funds, should we continue to test?” team member FRANKIE asked.
“Keep testing,” Chen Taotao said resolutely. He is the famous SHOWHAND King, and his favorite move is to go all-in.
"Mr. Chen, you have to be careful. My elder brother said that you will face a big difficulty." Fang Ting saw that Chen Taotao was going to bet all the money, and quickly warned, "I suggest not to bet all the money, at least leave some of it. Well."
“Winning or losing is often decided by a hair’s breadth. A lion must fight a rabbit with all his strength. How can we hold back at this critical moment?” Chen Taotao waved his hand, rejecting Fang Ting’s suggestion.
“Paul, please call the headquarters and ask them to allocate the money as soon as possible.” He said again.
In addition to competing for technology and information, the stock market is also competing for financial resources. Without enough capital, no matter how powerful the technology, no matter how accurate the information is, there is no place for heroes to use themselves.
?As soon as Paul heard this, he immediately contacted the headquarters.
…
The offensive and defensive battle between Chen Taotao and Chen Wanxian continued until the close at noon.
Xiang Nan took advantage of the fierce fight between the two of them and bought at low prices and sold at high prices. He easily made more than 80 million Hong Kong dollars and brought his own capital to more than one billion Hong Kong dollars.
Hang Nan is naturally happy with such a huge harvest.
?However, Chen Taotao was a little unhappy.
The funds that were originally planned to be allocated were actually blocked by the acting chairman. It’s hard for a clever woman to make a meal without rice. No matter how talented he is, he can’t play in the stock market without money.
“This money has been approved by the board of directors, why are you still holding back this money?” Chen Taotao asked dissatisfiedly to his boss, the president of the Securities Department of Tongbao Bank.
“Because your acquisition has caused great losses to the company,” the president said, “I will not allow you to make the same mistake again and again.”
“I want to have a phone call with the chairman.” Chen Taotao said immediately after hearing this.
“The chairman went to Europe for a trip, and I will temporarily act as chairman within the next two weeks.” The president replied, “As acting chairman, I now order you and your team to stop all acquisitions.”
“Listen, we have an old saying in China: when you are abroad, you will not accept your orders.” Chen Tao cursed and then hung up the phone.
(End of this chapter)