Chapter 52

"Xiao Ming, you kid, you don't even look like you're here to study. What are you doing in my office instead of doing the morning exercises?" Su Ping saw her son skip the morning exercises again and said with a bit of displeasure.

"I actually quite like school, it's just that I don't like the classes..." Jia Hongjian's nephew, who always followed him around, answered for him. "Well said!" Jia Hongjian gave his nephew a thumbs up. He felt that his nephew's words had a certain style, similar to his own frequent saying, "If I came a little later in the morning, I think I would like the morning."

"You two! If your midterm exam results are bad, just wait and see what I'll do to you. And you, Jia Hongjian, how are you leading Jinghang?" Su Ping glared at the two mischievous boys.

"Mom, I'm here because I'm concerned about our family's financial situation. I'm keeping an eye on the stock market. It's been three days since the acquisition started on Monday. Yesterday morning, Shenzhen Baoan and Shanghai Jiahua began to buy large amounts of stock, each holding 4.5% to 4.9% of Yanzhong Industrial. By the noon break, both had acquired about 10% of the shares. After that, both companies almost simultaneously issued acquisition announcements according to the regulations of the Securities Regulatory Commission (SRC).

Jia Hongjian deliberately pouted. He wouldn't admit that he came to the teaching research room to avoid the morning exercises. Not knowing how to do the morning exercises would be too embarrassing! Taking advantage of the fact that there was no one in the office, Jia Hongjian sat down opposite his mother and started flipping through the newspaper.

After the acquisition announcements were published, the enthusiasm of retail investors, combined with the continued acquisitions by the two companies, pushed the stock price of Yanzhong Industrial to nearly 40 yuan in just two hours of trading in the afternoon!

However, after the market closed yesterday afternoon, Yanzhong Industrial, where Jia Hongjian's father worked, began to counterattack. They held a press conference, claiming that the acquisitions by Shanghai Jiahua and Shenzhen Baoan were malicious, especially by Shenzhen Baoan. The Shenzhen Baoan Shanghai branch, which made the move, had a registered capital of only 10 million yuan, but according to the stock acquisition price, it would have to pay more than 80 million yuan in this acquisition process!

The SRC had explicitly stipulated that funds obtained through loans, borrowing, or credit could not be used to purchase stocks! At the press conference, Jia Hongjian's father, as the vice president, declared that they would use legal means to firmly protect the company's interests...

Jia Hongjian knew that his father still believed in the reliability of the organization, thinking that the SRC, such a righteous organization, would definitely give Yanzhong Industrial a fair judgment and declare the acquisitions by Shanghai Jiahua and Shenzhen Baoan as violations—especially the acquisition by Shenzhen Baoan, which was definitely a violation!

But as a reborn person, Jia Hongjian knew that the so-called reliability of the organization was a joke! What about the SRC? Hadn't they done enough bad things in the future? Among all the organizations in the country, the first one you couldn't trust was the SRC, and the second was the Red Cross!

According to his memory from his previous life, at that time, only Shenzhen Baoan was conducting the acquisition. After his father, Jia Gang, held the press conference, the SRC indeed declared the acquisition by Shenzhen Baoan as a violation the next day. However, the penalty was just a fine of 1 million yuan for Shenzhen Baoan, and then the acquisition was recognized as valid...

Wasn't this like a prostitute setting up a shrine? Either the violation should be nullified and a fine imposed, or the SRC's own policies should be declared as shit, but they insisted that everyone must follow their rules while giving a light slap to those who violated them. What kind of nonsense was this?

"Mom, do you want to go to the securities company this afternoon?" "What's up?" "Although the two companies are constantly fighting over the acquisition of stocks, I'm not at ease. After all, they now hold more than 10% of the shares, making them major shareholders who can enter the board of directors. What if they stop here?"

Of course, Jia Hongjian couldn't tell his mother that he had experience from his previous life and knew that the highest stock price during the acquisition was 45 yuan. Seeing that it was almost there, he felt he should go and see it himself.

Convincing his mother, Jia Hongjian, along with his mother and his nephew Jinghang who sneaked out, went to Guotai Securities in the afternoon. When Jia Hongjian entered the hall five minutes before the market opened at 1 PM, he was immediately shocked by the stock price of Yanzhong Industrial!

The stock price of Yanzhong Industrial, which had reached 45 yuan in his previous life, was now soaring to nearly 60 yuan! Not just Jia Hongjian, but Su Ping and Jia Jinghang were also stunned! Su Ping immediately said to her son, "Hongjian, should we sell? This stock price is making my heart race. If we don't sell and it falls, what will we do? We should take the profit while we can."

"Only the bold get rich, and the timid go hungry!" Jia Hongjian, however, clenched his teeth and said coldly, "Look at Dad's company. Why was it acquired? Isn't it because it was too weak? Because it was too weak, it was the first to be listed, and once it raised money, the big sharks came to pick the fruit. Maybe the SRC will protect Shenzhen Baoan. If we don't become strong quickly, our family's fate will always be in others' hands..."

At this point, Jia Hongjian looked at his mother, who didn't quite understand, and changed his tone, "Mom, think about it. What kind of person is Dad? He must have rushed out to host the press conference today. If Shenzhen Baoan becomes the largest shareholder, what do you think they will do? Will they treat Dad nicely? Will they wait for Dad to make a small mistake and then fire him? Do you want to see Dad driving a taxi or selling clothes on the street? We need to earn more money now. Even if we can't be our own bosses, at least you two won't have to worry about food and shelter in the future, right?"

Hearing her son's words, Su Ping finally nodded emotionally. Jia Hongjian didn't say much more. He wouldn't tell his mother that 6 million yuan might not be enough to live on for ten years.

At this moment, a familiar female voice called out to Jia Hongjian, "Hey? Mr. Jia? Why are you here too?"

Jia Hongjian turned around and saw Xiao Zhang, the nanny from Wang Koulan's house, with a young man dressed like an office worker. "My dad's company is being acquired, and my mom and I came to take a look..." Jia Hongjian introduced his mother and nephew to Xiao Zhang. "Is that so? The lady is acquiring your family's... Ah... I'm here to open an account. This is Ms. Wang's secretary, Mr. Li..." Xiao Zhang, who had let the cat out of the bag, quickly introduced the man beside her.

"Hello, Mr. Li..." Jia Hongjian smiled and shook hands with Mr. Li politely. Then he leaned in and whispered in Mr. Li's ear, "I'm the tutor for Ms. Wang's daughter, Lizi. Ms. Wang told me to buy Yanzhong Industrial's stock before the acquisition. Mr. Li, can you help me meet Ms. Wang?"

A short while later, Mr. Li went to ask Wang Koulan and then brought Jia Hongjian to an idle office at Guotai Securities. When Wang Koulan entered, Jia Hongjian got straight to the point, "Ms. Wang, what are your plans? Can you give me a hint? Are you aiming for the largest share or just a part of the shares for financing?"

"Hmm..." Wang Koulan thought for a moment and lowered her voice, "The decision is to stop at around 15% of the shares and not to fight for control. This is something that absolutely cannot be said, so just keep it to yourself, don't tell anyone else..."

"Alright, Ms. Wang, I understand. I won't say anything." Jia Hongjian nodded, "So, you need to acquire another 5% of the shares, right? That should be in the next two days, right?" Seeing Wang Koulan nod, Jia Hongjian understood the trend for the next two days. He was pretty sure that Wang Koulan would complete the planned share acquisition this afternoon or tomorrow. After that, only Shenzhen Baoan would continue the acquisition, and with the slightly delayed enthusiasm of retail investors, the stock market would likely rise for another day or two, but not as quickly.

When Jia Hongjian returned to his seat, he felt his mother tugging at him. He turned around and saw her staring at the stock market screen. The screen displayed a scrolling message: "The SRC declares the acquisition of Yanzhong Industrial by Shenzhen Baoan as a violation, fines 1 million RMB, but the acquisition of shares by Shenzhen Baoan is valid..."

He sneered. Just as he was about to speak to his mother, he glanced at the stock price of Yanzhong Industrial and saw that in just a few minutes after the market opened, the stock price had soared to 70.1 yuan! Damn! This was too crazy! Without a limit on the stock price, it was indeed like a casino!

Apart from the initial surge, the stock price didn't rise much during the two hours of trading in the afternoon. In the last few minutes, the stock price of Yanzhong Industrial started to rise again! Jia Hongjian knew that this was probably due to Shenzhen Baoan's actions. If nothing went wrong, Shenzhen Baoan would continue to buy large amounts of stock the next morning, and their shareholding would definitely surpass that of Shanghai Jiahua...

Without a word, Jia Hongjian led his mother into the queue of people wanting to buy Yanzhong Industrial's stock. They finally reached the counter just before the market closed, "600601 Yanzhong Industrial, sell at 90 yuan!" Jia Hongjian said a price that made Su Ping feel nervous...

The next evening, when Jia Hongjian saw that the closing price of Yanzhong Industrial was 88 yuan, he knew he had made the right bet. The next day, with the late-arriving bold retail investors, the stock price would likely reach 90 yuan, and even 95 yuan was possible. However, after the acquisitions by Shanghai Jiahua and Shenzhen Baoan slowed down, and with the ordinary investors being scared by the rise from 9 yuan to 90 yuan, the upward trend would likely end.

The third day unfolded as Jia Hongjian had predicted. The stock price remained around 93 to 94 yuan for most of the day. Jia Hongjian estimated that they had bought 4718 shares of Yanzhong Industrial at 9.1 yuan each, with a 0.15% purchase fee deducted by Guotai Securities. When they sold at 90 yuan, a 0.15% selling fee was deducted, plus the remaining 1.7 yuan from the initial purchase, they ended up with a total of 419,984.77 yuan in profit...

The 3000 yuan invested by Jia Hongjian and the other two children had now become 419,984.77 yuan...

"Money is made, and Shenzhen Baoan will send people to become the chairman of Yanzhong Industrial in a few days. My father will be unemployed in a few days. My journey to become a wasteful rich second generation is almost about to begin, but I hope my parents won't lose their drive because of these 400,000 yuan..."

******

Please click, vote, and collect~

{Piaotian Literature www.piaotia.com Thank you for your support. Your support is our greatest motivation}

Page flip AD starts

Page flip AD ends