Chapter 506 The feast begins, the dishes are served!
"Let's grab it, their operation methods are very conservative, maybe they can help us in the future."
[Hongsheng Investment] finally began to enter in a big way, and Qin's Group was not to be outdone. At the close of the day, [Northwest Noodle House] rose by 5.63%, which attracted a lot of attention on the same day.
On the second day, the two sides seemed to have reached a tacit understanding, and they were more restrained when buying, and the closing price fell slightly by 0.24%.
However, this stock maintained a pattern of large rises and small returns, and soon climbed out of the bottom, and the upward trend was faintly visible. After a period of time, the share price of [Northwest Noodle House] rose by 23%.
At this position, [Northwest Noodle House] encountered a large number of selling orders. Previously, due to the ups and downs of this stock, many stockholders were trapped. As the saying goes, "Once bitten by a snake, you will be afraid of the rope for ten years", and those who wanted to get out of the trap ran away.
A wave of rebound ended here. Qin's Group slowly bought on the way down, while [Hongsheng Investment] adopted a wait-and-see strategy.
Du Shaojie doesn't pay much attention to the stock market. He is studying fusion Sichuan cuisine recently, hoping to make some beneficial changes based on traditional Sichuan cuisine.
Customers' tastes are getting more and more picky now. Some dishes that suddenly become popular disappear after only two years of popularity.
[Xichuan Restaurant] has always paid attention to changes in the market and constantly adjusted the supply of dishes according to such changes. Among them, fusion cuisine is a new breakthrough direction, but the progress is not very smooth.
Du Shaojie learned about this situation and took the initiative to participate. At present, 10 [fusion Sichuan cuisine] have been finalized.
"Yongli, prepare the car and go to the training center in the morning."
After breakfast, Du Shaojie arrived at the training center by car.
As in the past, when new dishes appear, each store will select backbones to come and learn. This cycle is generally short, about one to two weeks.
However, Du Shaojie no longer teaches in person, but first teaches the methods of these dishes to the lecturers at the training center, and then the lecturers do the training work.
The lecturers at the training center are all senior chefs, but they come here to play their spare time due to physical or age reasons.
In terms of cooking skills, they are all good at it and have rich experience, which makes them very suitable for this job.
Du Shaojie started to practice and explained while practicing.
After these instructors mastered the essentials, they went down to practice by themselves. Du Shaojie would come to check when he was free, point out the problems of the other party, and correct them.
After a few days of hard work, these chefs can grasp the essence of these dishes very well.
After he finished these things, he remembered that he hadn't met with Ye Weiming and others for a while, so he called a few people to have dinner at [Fish Restaurant].
"Mr. Du, what have you been busy with during this period?"
When everyone met, Ye Weiming asked curiously.
He himself has been very busy for a while, but the harvest is also considerable. Import and export trade has brought him a lot of wealth.
"I haven't been busy for a while. I have studied a few new dishes."
Du Shaojie responded. Ye Weiming and Jiang Dongyuan looked at each other and expressed envy. On
the one hand, they envied each other's relaxed state, and on the other hand, they envied that others could make a lot of money even if they were lying down.
During the drinking time, Jiang Dongyuan asked Du Shaojie indirectly whether he had a rift with Meng Gang. Meng Gang had approached him several times recently, wanting to borrow money, but he did not agree.
"Mr. Du, think about everything in an open-minded way, it's no big deal."
Then, Jiang Dongyuan and Du Shaojie clinked glasses and comforted him.
"Mr. Meng and I have no conflicts, they are all made up by the media. We rarely get together, so let's not talk about irrelevant topics."
Du Shaojie behaved very normally and made clarifications.
However, Jiang Dongyuan and Ye Weiming did not believe it, but they just kept silent.
Time flies.
The stock price of [Northwest Noodle House] kept rising and falling. Qin's Group completed the established plan as planned, and then lay down and played dead, letting the stock price fluctuate without any action.
[Hongsheng Investment] did not have enough chips in hand, mainly because the company's decision makers were very cautious, which resulted in Qin's Group getting a bargain.
After a few days of observation, they were sure that Qin's Group had built a position, so they began to exert their strength. However, the current stock price has already left the bottom, so they have to buy at a higher price.
Speaking of cost, [Hongsheng Investment] is definitely higher than Qin Group.
Qin Group is very cunning, completely taking advantage of the situation, and it seems that they will not make any effort to raise the stock price in the future.
"How can we not make any effort? When we raise the stock price, not only will they sit back and enjoy the fruits of their labor, but they may also leave us hanging on the mountaintop. But we can't just sit back and do something, the time cost is also very high, right?"
"No, let's talk to them, it's a win-win situation, otherwise we can only give up."
"It's impossible to give up. In addition to making some money, there are other factors involved in manipulating this stock. Don't ask me, I won't tell you even if you ask, so think of a solution quickly."
"Why don't we try to pull it up once, and then start to wash the market, and then see how the other party reacts."
"Okay, that's decided."
[Hongsheng Investment] made a decision, and they began to increase their buying power, and the stock price of [Northwest Noodle House] also rose accordingly.
There was still no movement from the Qin Group. Many small and medium-sized retail investors had taken profits, but the Qin Group seemed to be asleep, and even thunder in the sky could not wake it up.
[Hongsheng Investment] did not believe this evil, and directly hit the daily limit to violently pull up the stock price.
"The daily limit is a wash? What a big deal. Okay, if they want it, I'll give it to them, but not now. I want to see how many daily limits they dare to pull?"
Qin Mingcheng was unmoved. He had enough patience to play with the other party.
The next day.
[Northwest Noodle House] hit the daily limit at the opening, but in order to test the pressure, [Hongsheng Investment] withdrew the buy orders on the daily limit half an hour after the opening.
The suspended buy orders decreased sharply. Qin Mingcheng thought about it and still did not move.
His inaction did not mean that others did not move. At this position, most people had already made profits. Seeing that the daily limit was about to be opened, a large number of sell orders emerged.
Five minutes later, the daily limit was opened, and the stock price turned downward, but the stock price stabilized at about 6% and maintained this trend throughout the day until the end of the transaction.
"It seems that the selling pressure is not very heavy. Our opponent is very ambitious and will not sell here."
[Hongsheng Investment] had a new judgment and felt more confident.
The next day.
[Northwest Noodle House] opened at the daily limit again, and a huge order was hung high, indicating the determination to go long.
Today's trading volume of this stock is very small, which is the so-called "limit up without volume", indicating that the stock price has more room for improvement.
Two o'clock in the afternoon.
"Sell the stocks in your hands, and trade as much as you can."
Qin Mingcheng looked at the huge order hanging there, and finally made up his mind to sell all.
At this time, the situation on the market suddenly changed, and a huge amount of selling orders suddenly poured out, directly breaking through the orders on the daily limit board, and the trading volume pulled a long column, showing the intensity of the long-short fight.
[Hongsheng Investment] did not expect the other party to do this, and quickly began to organize a counterattack.
The stock price of [Northwest Noodle House] plummeted, and it was just above yesterday's closing price that it stabilized. [Hongsheng Investment] had already spent a huge amount of money, and the situation was very good, but it was ruined by the opponent's unconventional play.
When the market closed, the stock price fell by 4.51%.
It was not that [Hongsheng Investment] did not want to fight back, but the opponent was too insidious. The huge amount of orders had no time to withdraw, and they passively ate up a huge amount of chips.
They now have little money left, and it is too late to mobilize funds for a while.
As soon as the second trading day opened, Qin Mingcheng cleared all the last stocks.
Perhaps seeing that the general situation was gone, the disconnected funds from all directions also ran away quickly. By the end of the market, the stock price of [Northwest Noodle House] fell again by 6.14%.
Du Shaojie's phone calls have not stopped in the past few days. The securities team contacted Luo Qin from time to time and reported to the other party on the movement of the stock market.
"It's really fierce! By the way, is President Qin so fierce now?"
He had a new understanding of Qin Mingcheng's fierceness and decisiveness, and couldn't help but sigh.
Qin Mingcheng made a lot of money from this deal. The other party's cost was very low. After all, he was not a banker and did not have so much cost.
On the contrary, Hongsheng Investment lost money. A huge amount of orders were blown up, and it passively ate a huge amount of chips. I guess it must be very uncomfortable and a little indigestion at this moment?
Subsequently, the listed company issued an announcement that Hongsheng Investment's shareholding ratio exceeded 5% of the total share capital and entered the list of the company's top ten shareholders.
From this moment on, Hongsheng Investment's buying and selling of the company's stocks will be subject to certain restrictions.
This is equivalent to tying the other party's hands and feet, and many tactics are not easy to use.
"This Hongsheng Investment should be a makeshift team. Now I am more confident that someone is behind them. I just don't know if it is Yin Qiang or someone else behind them."
Du Shaojie asked Hongsheng Investment to stand guard on the high slope for a few days before investigating who the other party's master is.
Sometimes he felt helpless. He had always been kind to others, so why did someone always want to make things difficult for him?
Then, the stock price of Northwest Noodle House fell for a week in a row, almost wiping out all the gains in this round of increases.
Qin Mingcheng changed several agents and started buying stocks of [Northwest Noodle House] again. This was a typical case of selling high and buying low, but compared with normal operations, his movement this time was a bit too big.
His idea was good, but his opponent was not stupid either, and he would also find help.
[Hongsheng Investment] did not give Qin Mingcheng time to calmly replenish his chips, and they continued to buy stocks through agents. Although they were very annoyed by the surprise attack on the daily limit before, it also played the role of washing the market.
The subsequent rise was fast and powerful, not only regaining the lost ground in a very short time, but even breaking through the price of the last daily limit.
Going up, the pressure is heavy.
(End of this chapter)
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