Chapter 26 of 100
Chapter 26
6 min read1,581 words
"Stop changing channels, aren't they just repeating the same few sentences over and over again?"
"I still love to listen to them."
When Wang Zixuan arrived in the living room, he heard his parents' conversation and asked with some confusion, "What is Mom looking for?"
Wang Liangming, seeing Wang Zixuan come downstairs, smiled helplessly and said, "Your mom wants to see your news coverage."
Yu Suting finally found a channel reporting that Wang Zixuan had earned several billion dollars again last night. She put down the remote and smiled, "You like to see everyone on the internet praising you, and I like to see the media praising you."
Wang Liangming looked at the two of them speechlessly and said, "From this, it's clear that Zixuan is your biological child."
Yu Suting shot Wang Liangming a glance and said, "Who else could give birth to such a son besides me?"
Wang Zixuan noticed that Yu Suting had also become a bit arrogant recently, but who wouldn't be proud to have such a 'genius' in the family?
Wang Liangming shook his head and said to Wang Zixuan, "Many people called today, asking when we're going to have a party to celebrate for this genius."
Wang Zixuan, feeling a bit annoyed, said, "I've been researching the London Gold market recently, and it's been very stressful. Parties are too noisy. Let's wait a while, okay?"
After the news of Wang Zixuan's 110-fold profit in 60 days spread last week, he became a hot commodity in high society.
Every day, people invited Wang Liangming or Yu Suting to parties, specifically asking them to bring Wang Zixuan along. Some even discussed marriage alliances.
Naturally, Wang Zixuan didn't want to attend these matchmaking parties or marriage alliances and declined all of them, citing his research and operations on the London Gold market.
Wang Liangming said, "You've been at home for more than two months, not stepping out of the house. Money is never enough, but it's good to take a break and relax."
Yu Suting also said, "There are still a few good girls in the country. You can try to get to know them; you don't have to get married right away! Or if you like celebrities, you can go out with them too!"
Wang Liangming nodded and said, "Right, you should have some fun when you're young."
In the past, Wang Liangming always lectured Wang Zixuan, telling him to work hard and not just think about eating, drinking, and having fun.
But over the past two months, Wang Zixuan had been holed up at home, researching the London Gold market, and Wang Liangming was a bit worried that he might be obsessed.
Wang Zixuan felt their concern and smiled, "Don't worry, Mom and Dad. After I finish up these few days, I'll go out. You don't have to push me; you might not even see me every day then."
As he spoke, Wang Zihao and Liu Lin came down with Wang Ke.
"Uncle!"
Wang Ke, seeing Wang Zixuan, shouted and reached out his hands.
During this time, Wang Zixuan had been staying at home and playing with Wang Ke every day.
Wang Ke and Wang Zixuan's relationship had become increasingly close.
Wang Zihao was even a bit jealous of their bond.
Wang Zixuan walked over and took Wang Ke from Wang Zihao's arms, saying, "Brother, Sister-in-law."
Wang Liangming, seeing Wang Zihao's family come down, stood up and said, "Let's eat."
Wang Zixuan spent another weekend holed up at home.
That weekend, news of the Chinese financial genius making several billion dollars in the gold market spread worldwide, and the investment community also became aware of Wang Zixuan's aggressive style.
On Monday, the gold market seemed to be still under the shadow of Wang Zixuan's aggressive moves, and it quickly fell at the opening.
Wang Zixuan quickly closed his 500,000 short positions opened at the close of last Friday after the gold price fell by more than two points, netting a profit of 1.7 billion dollars across three accounts.
Is the Chinese genius not bearish anymore?
The rapid closure of over 60 billion dollars in short positions made almost all market participants think of Wang Zixuan.
The bears became cautious, and the bulls were also watching to see if Wang Zixuan would turn bullish.
In this mindset, the London Gold market entered a consolidation phase.
Wang Zixuan didn't make any moves throughout the day.
By evening, as trading volume in the London Gold market increased and European and American bulls started to push, the gold price turned red. Wang Zixuan then made another move, opening another 500,000 short positions.
The over 60 billion dollars in short positions caused the gold price to plummet instantly.
However, it seemed that some European and American bulls wanted to suppress this new monster and quickly absorbed Wang Zixuan's short positions, pushing the gold price up.
Seeing that someone was taking the opposite position, Wang Zixuan immediately opened another 1 million short positions.
The over 100 billion dollars in short positions shocked the market participants.
The bulls clearly didn't have the resolve to fight Wang Zixuan to the death. Seeing his aggressive moves, they hesitated.
This hesitation allowed a large number of followers to emerge, causing the gold price to fall sharply.
In this situation, the bulls were powerless to resist.
When the gold price fell by nearly two points, Wang Zixuan quickly closed his initial 500,000 short positions, making a profit of over 800 million dollars.
Wang Zixuan's quick closure left the market participants confused, and the bears became more cautious, causing the gold price to slowly rise again.
Wang Zixuan didn't make any further moves, even though the funds in his three accounts had exceeded 10 billion dollars. A 1 million short position, with a leverage of only 10 times, but he also noticed that someone seemed to be targeting him.
The London Gold market has a daily trading volume of trillions, and almost no amount of money can manipulate the gold market. Wang Zixuan was just following the trend, but some large funds could influence the short-term movements of gold.
If he continued to use high leverage of 20-30 times, he could control more funds and influence the gold market, but if large European and American funds targeted him, a sudden spike of a few points could cause him to be liquidated.
Although he didn't make any moves, Wang Zixuan kept watching the market.
Playing with money as if it were just numbers sounds easy.
With over 10 billion dollars in his accounts and bulls seemingly targeting him, how could he relax?
It wasn't until 4 a.m. when the market closed that Wang Zixuan turned off his computer and went to sleep.
Even though Wang Zixuan didn't make any moves, the bulls were still on edge. The gold price only narrowed its losses slightly and closed down by 1%.
Wang Zixuan's 1 million short positions had a floating profit of 900 million dollars.
American media went wild over Wang Zixuan again.
"The Chinese beast ravages the gold market, once again sweeping away several billion dollars."
"Bill Gates' top spot as the world's richest man is in jeopardy as the Chinese genius's wealth soars."
"The gold market has become a cash machine for the genius."
"A major loophole in modern finance allows the Chinese predator to plunder crazily."
On December 8, Chinese online and television media also reported these news stories.
Many netizens flooded Wang Zixuan's Weibo with comments, asking him to show off his wealth.
In just eight days, Wang Zixuan's Weibo followers had surged from 2.6 million to over 3.5 million.
Sina Weibo, riding on Wang Zixuan's popularity, developed rapidly, and Sina, NetEase, and Tencent, which had not previously paid much attention to Weibo, also saw its potential and accelerated the launch of their own Weibo platforms.
The fastest mover, Sina, announced the launch of Weibo on December 5, but it was still in beta testing and would take some time to open to the public.
When Wang Zixuan woke up and saw the comments on Weibo asking him to show off his wealth, he didn't think about who had been up all night and posted a Weibo: "It's just a numbers game, stay calm!"
To divert attention, Wang Zixuan posted another Weibo: "My company will be hiring project managers, administrative staff, and investigators at 9 a.m. on December 11. Salaries range from 5,000 to 10,000 yuan, all working for the Positive Energy Charity Fund. We need 100 investigators to review aid recipients, which may involve traveling to rural areas and remote regions, with travel allowances. Benefits are generous, and you might even get the chance to ride my private jet or vacation on my private islands. The recruitment location will be announced later."
This Weibo instantly caught the attention of netizens.
A private jet and private islands were already impressive, but Wang Zixuan was talking about a private archipelago!
No one cared about how much money Wang Zixuan had made anymore. Everyone was asking to be hired. A salary of 5,000 to 10,000 yuan in Beijing was not low, and the high-end benefits were irresistible.
That day, countless leaders received leave requests from their employees for Friday.
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