Chen Zhe wasn't very knowledgeable about investing, but he understood human nature. Combined with the information he had and the groundwork he had laid beforehand, he knew it was time to buy.
He advised people to buy building materials, which is bullish and contrary to the current market trend.
He originally only wanted to invest 500 million, but Hu Ling generously gave him 1 billion.
That's what she said.
"To make money in the short term, you must be aggressive enough, fast enough, and accurate enough."
They didn't trust Chen Zhe, but rather her own people—those professionals who had enough information to make the right judgment.
That's why she invested so much money.
Of course, making money here is not Chen Zhe's ultimate goal. His ultimate goal is to get 30% of the shares in the Gu family. Sometimes Chen Zhe can't understand why Hu Ling is so insistent on getting shares in other people's companies. He asked her once, but Hu Ling just glanced at him and didn't explain anything. She just told him to do as she was told and not to ask anything else he shouldn't ask.
Time quickly came to the day of the public bidding.
The invited companies all adopted a wait-and-see attitude because rumors had spread like wildfire in the market that the project was going to be halted. At first, no one believed it, but the rumors had taken hold, and now they also felt that the project was going to be stopped.
Coming here is just a formality.
However, to their utter surprise, the development of Lijing Park proceeded normally, and the investment was even increased from the original 10 billion to nearly 20 billion.
When they heard the news, everyone went crazy.
Especially the most powerful families: the Gu family, the Li family, and the Zhang family.
[District Chief, wasn't this project supposed to be stopped? Why is investment being increased?]
Gu Zhendong asked.
The district chief smiled at him. "Who told you this project was going to be stopped? We have never issued such a notice. I am very happy that everyone is here today, but there is one thing that is very regrettable. Because the project involves a large investment, we attach great importance to it. We sent someone to explain some things to you in advance. I took a look today, and it seems that no one has taken it to heart. It seems that your company has very little stock of materials. If you win the bid, I don't know if this project can be completed on schedule?"
"District Chief, previous tenders never mentioned preparing material reserves in advance, so this time we feel a bit..."
"Hehe, it's normal for everyone to have this concern, but as I just said, this project is huge, and we must ensure that we have enough materials before we can start. I just looked at the documents that everyone submitted, and the stock you have is far from enough. This tender is for five slots, but none of you meet the requirements."
The entrepreneurs in the audience exchanged bewildered glances, each seeing anxiety on the other's face. This time, the information was far too sensitive; the finally leaked news turned out to be false. What project was going to be halted? It was clearly supposed to be an increase in investment.
The audience immediately erupted in noise, complaining about the fake news.
"Who exactly leaked the information first?"
Suddenly someone asked.
"I don't know, that's what everyone's saying."
"I think I heard it was Gu Jingyan, the eldest son of the Gu family. I heard he bought futures, shorting them. It's just a rumor spread by that kid!"
"Damn it! Let's go! Let's find Gu Zhendong and get to the bottom of this!"
...
A group of people disregarded the order of the venue and surrounded Gu Zhendong.
Gu Zhendong looked very unhappy; he now suspected that his eldest son had lied to him.
Faced with the harsh words from the crowd, he chose to remain silent.
In the end, it was the district chief who spoke up for him.
"Everyone! Please don't worry. While the market price is still not too high, I'll give you three more days. After three days, the first company to meet the requirements will automatically win the bid."
Hearing the district chief say that, they breathed a sigh of relief. Now there was still hope of winning the bid, so they quickly picked up their phones and started making calls to order goods.
"Brother-in-law, should we order some more stock?"
Ye Jiawen asked.
Gu Zhendong nodded coldly. If it weren't for the rumor spread by Gu Jingyan, they might have already met the requirements. Now that the word "increase investment" has been said, everyone will definitely rush to buy goods, and they can't guarantee that they will win the bid.
Because he knew that some people would bet their entire fortune on this one project.
The bidding process wasn't even over yet, and the futures market outside had already gone crazy.
Those who attended the meeting have already leaked the news.
Buying began again in the futures market, causing raw material prices to rise sharply.
The rise in raw material prices has brought joy to some and sorrow to others.
Chen Zhe was overjoyed because he was making a fortune. Although the money didn't belong to him but to Hu Ling, he still received a participation bonus, which was sure to be substantial.
Gu Jingyan was the one who was worried. When he heard the news, his mind went blank for three minutes.
By the time he realized what was happening and tried to close his position, it was too late. The trade had already been forcibly liquidated. Before he could even recover from the joy of making 50 million, he had lost everything. Now, he has less than 100 million left in his account.
We lost a fortune, so much so that we were spitting blood.
His hands were shaking.
He used to laugh at Gu Jingping for losing 100 million, but now he has lost several hundred million in just a few days. Isn't he even dumber than Gu Jingyan?
"No!!! It's not my fault!!! Chen Zhe lied to me!!!"
Gu Jingyan clenched his fists tightly, then angrily went to find Chen Zhe.
Chen Zhe had anticipated his arrival.
When Gu Jingyan opened the door, he saw Chen Zhe sitting in a chair, with Wu Yuanyuan standing behind him, massaging his shoulders.
He's already lost so much money, and he still has the nerve to enjoy himself here? Chen Zhe is a complete scoundrel.
"Chen Zhe, you bastard, you gave me fake news!!!! You said the Lijing Park project was going to be stopped, but not only has it not stopped, they've even increased their investment!! I lost a fortune on the futures you told me to buy, do you know that?"
His eyes were bloodshot, and he looked at Chen Zhe as if he were looking at an enemy. If he had a knife in his hand, he would have loved to stab Chen Zhe to death.
Chen Zhe looked at Gu Jingyan with disdain and sneered.
"You can go out now. Close the door behind you."
Wu Yuanyuan nodded, then left and closed the door behind her.
Chen Zhe stood up, slowly walked to his side, and looked down at him.
Seeing Chen Zhe's cold and contemptuous gaze, Gu Jingyan felt a chill run down his spine.
Chen Zhe had always been docile in front of him before, and had never shown this kind of look in his eyes. Today, he seemed to have become a completely different person.
Chen Zhe took out a cigarette from his pocket and put it in his mouth. He didn't actually have a big smoking habit; he was just subconsciously imitating Hu Ling because Hu Ling always gave people a mysterious feeling when she smoked.
He exhaled a puff of smoke, then spoke calmly, "Young Master Gu, when have I ever lied to you?"
...
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