Chapter 204 Harvesting Indian Leeks



Currently, under Prime Minister Singh's leadership, India's investment environment is still quite good; however, this changed after Modi came to power in 2014.

This guy doesn't play by the rules when it comes to governance; he's always doing short-sighted things. He's ruthless not only to foreigners but also to corrupt officials and the people within his own country. He doesn't even accept the money that the central government prints itself.

The main idea is fairness, meaning everyone should be poor together. Want to be rich? Heh... it's not like being rich is a crime for those of higher castes.

So the reason why no one in India, with so many poor people, causes trouble is because everyone is poor and there is no one looking down on anyone else.

With the opening of the Indian stock market, Chen Ze and his two companions began to operate according to the same methods they had used in London, England.

First, Chen Ze began to meticulously plan a large-scale operation.

They quietly created an astonishing number of sell orders in the trading market, which flooded the market like a tidal wave, instantly causing panic and volatility.

However, in the last second or two, this seemingly unstoppable wave of sell orders suddenly vanished without a trace, as if it had been wiped away by an invisible hand.

As time went on, this bizarre operation was repeated time and again, and an uneasy atmosphere gradually spread in the market. Those astute retail investors relied on their years of experience in the stock market to fight back.

They quickly sensed something unusual and began to tense up, wondering if a huge crisis was lurking behind the scenes.

Driven by fear, more and more retail investors chose to follow suit and sell their stocks to avoid potential losses.

Just one hour later, the entire market plummeted like a flood breaking through a dam, continuing its downward spiral. The index, which had been at a high level, quickly broke through several important support levels, heading straight for the 8,000-point mark.

Retail investors panicked, and the market descended into chaos.

But at that moment, something unexpected happened.

Suddenly, even larger and more astonishing sell orders appeared on the market, their scale leaving people speechless.

Seeing the large number of sell orders, this was exactly the effect Chen Ze wanted. He decisively gave the order: "Quickly, buy on the long side!"

This time they used ten times leverage, and Chen Ze planned to stop after making a billion dollars.

Upon hearing the instruction, Chen Xiyu and Zhang Guoheng did not hesitate and quickly started typing on the keyboard to execute the buy order.

For a moment, the crisp sound of fingers striking the keyboard filled the entire room.

As they made large-scale purchases, the stock price began to slowly recover.

All of this did not escape the eyes of some intelligent high-caste individuals, who also sensed a conspiracy.

"A fool wouldn't make money if he could," they said, and they bought in, emphasizing that everyone should make money together.

Soon after, Chen Ze also discovered that someone was competing with them for sales. He smiled slightly, not expecting that there were still smart people in India.

At 2:20 p.m., the market index quickly rose to 9,000 points.

Zhang Guoheng asked, "Boss, it's already risen to 9000 points! Should we make a move? We've already earned 1000 points!"

Shen Xiyu also looked at him, waiting for the boss's order.

Chen Ze said indifferently, "Spit it out, keep eating."

Buying in at 9000 points? Zhang Guoheng looked at him like he was a fool.

Although the two did not understand, they did as instructed.

Seeing the rapid rise, retail investors changed their strategies, canceling their sell orders and buying in.

The stock market closed at three o'clock, and Chen Ze and the others also closed their computers and went back to their rooms to rest.

At 5:20 p.m., Chen Ze was woken up by his phone ringing. Without even opening his eyes, he reached for the bedside table and quickly found his phone.

"Hello!"

The voice on the other end of the phone said, "Boss, it's me—Lan Shuiyao. Are you still sleeping at this hour?"

Chen Ze replied lazily, "Um... is there something you need?"

"Here's the thing, boss. I took a stroll around New Delhi, the capital of India, today. The Indian Investment Promotion Agency is very keen for us to invest here, but I found that the people here aren't very hygienic. I'm worried that the mobile phones they produce will have a large number of defective products."

Chen Ze knew that her analysis was very good, just like Apple in his previous life, which had a lot of quality problems when producing iPhones in India.

Chen Ze was very satisfied that Lan Shuiyao was able to see the crux of the problem in just one day, which meant that he had not misjudged her.

"Mr. Lan, your mission is complete. You can return to China tomorrow."

Hearing the boss's tone, Lan Shuiyao understood perfectly; she knew the real test was over.

The phone went dead, but Chen Ze didn't go back to sleep. Instead, he got up and started eating bread and snacks.

"Sigh..." He sighed. If it weren't for making money, this place would be unbearable for a human to live in.

The next day, the three of them sat in front of the computer, waiting for the market to open.

Chen Ze stated today's requirements: "Our target today is [point number], and once we reach that point, we immediately click to sell with one click."

Zhang Guoheng and the other man nodded in agreement.

Soon, it was time for the market to open. Today's opening price was 9200 points, in order to accelerate the upward trend.

The three of them then began to create a large number of fake buy orders. Because the Indian stock market had been rising for several years, Indian stock investors saw that someone was buying in large quantities, and retail investors also began to follow suit and buy.

They believe that the Indian stock market's temporary decline will inevitably be followed by a surge, just like last year, so they are very confident in themselves.

Sure enough, an hour later, the market index quickly rose to [point].

Without saying a word, Chen Ze and the other two tacitly began clicking the one-click sell button.

The quantitative trading program on the computer screen started and immediately began automatically selling off shares, causing their account balances to rise continuously.

Due to their large-scale selling, the index on the Indian Stock Exchange screen began to fall by 20 points in the afternoon. The exchange administrators noticed the anomaly and then began to send people to investigate.

Unfortunately, they were all financial novices, and the massive daily transaction data was too much for them to figure out in a short time.

It wasn't until ten minutes before the market closed in the afternoon that Chen Ze and his two companions managed to sell all their stocks. This was only possible with the help of a quantitative trading program; if they had used a manual trading method, they wouldn't have been able to sell them all in a day.

Meanwhile, on the other side of the exchange screen, the market index fell back to 8500 points, a sharp drop.

The exchange chairman flew into a rage at the conference center.

"Investigate and find out which country is behind this. This kind of drop, no, this flash crash, has cost our country billions of dollars."

Seeing their boss so angry, the people below didn't dare to utter a sound.

You can't blame them for being incompetent. After all, even the people of the United States couldn't figure it out in a short time, let alone a bunch of weaklings like them.

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List