As the market opened in the afternoon, Chen's Capital injected a large amount of funds to buy back shares, causing the stock price to rise rapidly. The man on the radio excitedly shouted, "It's going up! It's going up!"
"I've been saying that Chen Capital's stock has fallen to this level because it's undervalued, and this is the best time to buy in. How much lower can it go? Do you think you can buy a large financial group for just a few dollars?"
"Its market value will return to a reasonable level this afternoon. It's currently at 45.8 yuan and is still rising..."
By the close of trading in the evening, Chen's Capital's stock had hit its daily limit of 49 yuan, just one step away from the 50 yuan mark.
Lu Feng turned off the radio, stood up, stretched, and patted the drowsy Feng Zhiyao, saying, "Want to go downstairs for some coffee?"
"Huh?" Feng Zhiyao woke up, rubbed his eyes, yawned, and said, "Brother Feng, if there's nothing else, I'm going back to my room to sleep. By the way, be careful with the timing of using that 40 million. Don't actually tell them a month later that it can't be placed."
"It won't take a month, just half a month, or even this week if things go smoothly." Lu Feng looked at him and said, "You've been sleeping all day, get up and move around."
The two arrived at the coffee shop, ordered two coffees and some desserts, and sat down. Lu Feng stirred the coffee foam and said, "You've been cooped up in your room for two days, and I can tell you're getting a little tired of it."
"I wasn't used to it at first, but today I feel quite comfortable eating, sleeping, and watching TV every day." Feng Zhiyao said while drinking his coffee, "Brother Feng, are you going to make your move?"
"I'll take a stroll around the brokerage firm later. The market capitalization isn't high today, but it's clear they've already made their move. The market capitalization will be driven up in the next two or three days," Lu Feng said, sipping his coffee.
"Brother Feng, it seems like everything is within your calculations." Feng Zhiyao looked at Lu Feng with a hint of admiration and said, "Everything is under your control."
Lu Feng smiled but didn't say anything. In his heart, he thought, "Your father is the real old fox. Last week, he told me that I must attend the financial banquet this week. Things have been going according to his plan all along."
After leaving the hotel, Lu Feng looked around to make sure there were no suspicious people before getting into his car and driving straight to a nearby Aide Securities firm.
"Hello sir, what kind of business do you need?" A lobby manager in a business suit walked over.
"I'd like to open an account. Is your brokerage manager here?" Lu Feng asked.
"This way, please. May I ask what you'd like to do with your account? Stock trading? Or futures trading?"
"Buy it all!"
"I'll go get our securities manager."
Lu Feng sat in the VIP reception room. A staff member brought him two cups of tea. A moment later, a man in his forties walked in. He was slightly overweight, and his suit looked a little tight on him.
"Hello, both of you." The manager glanced at Feng Zhiyao and exclaimed with delight, "You must be Mr. Feng from Sun Hung Kai Properties?"
“Yes!” Feng Zhiyao nodded.
"Please sit down, please sit down. I'm just curious why you didn't open an account at your own brokerage firm, but came here instead." The manager sat down, his face full of curiosity.
"You're asking a lot of questions," Lu Feng said, looking at him.
The manager realized he had spoken out of turn. Looking at Lu Feng's face, he felt like he had seen him somewhere before. Suddenly, the news from the newspaper flashed into his mind, and he remembered instantly.
"Who's opening an account?" the manager asked.
Lu Feng wasn't qualified to open an account here, so he looked at Feng Zhiyao and said, "He'll open an account!"
"If you open an account today, you can start operating the account the day after tomorrow. If you want to short sell, you can borrow shares in advance," the manager explained regarding the current market conditions and some rules.
Lu Feng simply opened an account. Chen's Capital's stock price wasn't high yet, so he waited two more days before transferring all 40 million into the account. The two then left.
The manager stood there alone, secretly pondering the relationship between the two. The conflict between Lu Feng and Chen's Capital had become irreconcilable, and industry bigwigs had long said that things had come to this point not because of Lu Feng's efforts alone.
He felt he had uncovered a major secret, and he suspected that Sun Hung Kai Properties was behind this.
However, he was just a reception manager. On the surface, he received all kinds of big clients every day and seemed very powerful, but in reality, he had no contact with the big shots who controlled the financial industry. However, this matter could become his personal talking point and something to brag about to others.
Back at the hotel, Feng Zhiyao was also puzzled and asked, "Brother Feng, why didn't you open an account at my place?"
"Driving there is a hassle, it's all the same." Lu Feng said nonchalantly, but in fact, he just wanted to reveal a little about their relationship.
Lu Feng wanted to support Su Yourong to take control of Chen's Capital, making it easier for him to raise funds, and also to counter Sun Hung Kai. If the relationship between investors and founders is handled well, they can be the best partners, with you providing the money and me providing the effort.
If not handled properly, investors can become too powerful, taking advantage of the company's profitability and forcing the founders to leave – there are far too many cases like this.
Lu Feng was afraid that after dealing with Chen's Capital, Mr. Feng would turn around and double-cross him, especially after seeing his painting, which made Lu Feng even more worried.
First, make this relationship public, so that everyone is in the same boat and it becomes an open secret in the industry. If he wants to make it in the industry, he has to consider his reputation.
The most important thing when dealing with big capital is balance. If you maintain the balance, you'll be safe and sound. If you don't, the other party will take over, especially when the company grows up and the founder completely hands over the reins, yet the company can still operate on its own and start to reap the rewards.
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
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