Chapter 11 of 100
Chapter 11: The Crazy Stock Market
5 min read1,291 words
Despite the stock market being so hot, Lin Feng still faced criticism from his relatives. The reason was simple: although they had been chasing Yi An Technology, they couldn't get any shares. In the end, they watched helplessly as Yi An Technology soared to 105 yuan before they could finally buy in. This left the relatives, who had hoped to make a fortune, extremely frustrated.
Especially when the relatives found out that Lin Feng had been holding onto 25 shares of Yi An Technology all along, it made them even more resentful. They thought this nephew was being too selfish, making money quietly without telling them.
This directly led to Lin Feng being attacked by the elders during the New Year's Eve dinner on the 29th of the 12th lunar month. If it weren't for his father holding him back, Lin Feng would have left the table.
He indeed knew that Yi An Technology would skyrocket but didn't tell them the exact information. But could he be blamed? — Lin Feng was almost furious. If these relatives hadn't spread the news after finding out, would he have changed his mind? Otherwise, if things continued, the black hand behind Yi An Technology would surely cause a "high dive" and a "feint," quickly knocking out most retail investors, leading to even greater losses for them.
Moreover, they had already made money. Even though they bought in at 105 yuan, as long as they sold at 126 yuan, the profit would still be substantial. But they were not satisfied. — Greed makes the snake swallow the elephant.
In short, the New Year's Eve dinner on the 29th of the 12th lunar month was the most depressing one Lin Feng had ever had.
The next day was the 30th of the 12th lunar month. Lin Feng closed the shop early and stayed home to prepare the New Year's Eve dinner with his father.
In the evening, after a burst of firecrackers, the New Year's Eve dinner officially began.
"Knock, knock, knock" — a sudden knock on the door.
Lin Feng was taken aback, not knowing who would come knocking at this time.
"Big Brother Lin, my daughter and I have come to join the New Year's Eve dinner." When he opened the door, Huang Shuqi and her mother were standing outside. Aunt Huang was holding a plate of steaming hot dumplings and a few exquisite dishes.
"Ha ha, come in, come in. My son and I were just feeling a bit lonely during the New Year, and your arrival will make it more lively." Lin Qixiong laughed and welcomed Huang Shuqi and her daughter. In previous years, due to the close relationship between the two families, Lin Qixiong would invite Aunt Huang's family to their home for the New Year's Eve dinner. But after Lin Feng failed the college entrance exam last year, Aunt Huang declined Lin Qixiong's invitation, so he didn't invite them this year.
"Big Brother Xiaofeng, Happy New Year!" Huang Shuqi jumped in, holding a bottle of orange juice. Today, she was the happiest, as she had a very dull New Year last year due to Aunt Huang's prohibition.
Amidst the deafening sound of firecrackers, the New Year's Eve dinner for the Lin and Huang families began.
"Xiaofeng, this glass is from Aunt Huang to thank you for showing her a way to make money. Otherwise, Aunt Huang wouldn't know where to get the money for Shuqi's college tuition next year." Aunt Huang finished her drink in one gulp.
"You're too kind, Aunt Huang. Money is for everyone to make!" Lin Feng smiled and finished his drink in one gulp.
"Big Brother Xiaofeng, this is my toast to you, wishing you a prosperous business in the new year." Huang Shuqi used orange juice as a substitute for alcohol and toasted Lin Feng.
"Ha ha, I also wish you to get into a good university in July next year." Lin Feng finished his drink in one gulp.
On New Year's Eve, the two families spent a happy and warm night together. Compared to the New Year's Eve dinner on the 29th, Lin Feng felt that this night was truly a family dinner.
The next day, the first day of the New Year, due to the criticism from his relatives, Lin Feng didn't want to go door-to-door to pay New Year's greetings and suffer. It was also the best time for the internet cafe business during the New Year, so he prepared to open early.
"Congratulations on your wealth, give me a red envelope!"
As soon as the door opened, a graceful figure jumped in.
Lin Feng was first taken aback, then he laughed.
"No laughing! I came to pay New Year's greetings to Big Brother Xiaofeng early in the morning, and I won't let you out without a red envelope!" Huang Shuqi pouted and raised her fist, but a few seconds later, she burst into laughter.
"Big Brother Xiaofeng, this is my New Year's gift for you." Huang Shuqi took out a piece of paper from behind her back.
Lin Feng opened it and saw a watercolor sketch. The picture showed a brightly lit room where four people were sitting together for a warm dinner. In the lower right corner, the word "home" was written. Upon closer inspection, the four people in the picture were clearly himself and his father, as well as Huang Shuqi and Aunt Huang.
"Did you draw this?" Lin Feng praised, "Shuqi, your drawing is so lifelike. I think you can become a painter in the future."
"Hehe!" Huang Shuqi put her hands behind her back, stuck out her tongue, and blushed.
Sigh, it seems it's just a simple family relationship. — Lin Feng felt a slight sense of loss in his heart.
"Right, come, Shuqi, this is the red envelope from Big Brother Xiaofeng." Lin Feng put away the drawing and took out a red envelope from his chest.
"No, Big Brother Xiaofeng, this is too much." Huang Shuqi, seeing the bulging red envelope, immediately pushed it back.
"Take it. You have a few months until the college entrance exam. Use this money to buy some nutritious food." Lin Feng insisted, not allowing Huang Shuqi to refuse.
However, at this time, Lin Feng's attention was no longer on the internet cafe but on the stock market.
On the first trading day of the New Year, Yi An Technology hit the daily limit, reaching a high price of 115.5 yuan. It was not far from the historical high price in Lin Feng's memory.
The first trading day's limit-up made the originally hesitant stockholders of Yi An Technology go crazy again. More people were chasing it, and at this point, there was no rationality left in the minds of the stockholders, only the rising trend of Yi An Technology.
That night, countless stock analysts on TV changed their tone from before the New Year, making bold statements that further fueled the frenzy. One expert predicted it would rise to 150 yuan, another veteran claimed it would break 200 yuan, and some so-called financial scholars even boasted that Yi An Technology would become the world's most expensive stock.
Lin Feng could only describe their behavior with two words — lackeys. These so-called stock analysts must have received money from Yi An Technology, misleading the nation's stockholders on TV with no conscience.
When the TV interviewed stockholders at the securities trading hall, those who had bought Yi An Technology were elated, while those who hadn't were pounding their chests in frustration, vowing to buy Yi An Technology the next day.
Lin Feng shook his head helplessly — don't you know that stocks won't always go up?