Those Years When I Was Forced to Top the Forbes List

Chapter 108 Mutual Promises
A dozen minutes later, Chen Xuebing had taken full advantage of everything inside the yellow shirt.

The room gradually quieted down.

The two lay on their backs on the snow-white mattress.

Xin Mengzhen rested her head on Chen Xuebing's arm, her expression blank. She seemed very obedient, but one hand pressed down on the exposed white skin revealed by the ripped collar, while the other hand pressed tightly on the hem of her clothes, adopting a defensive posture full of vigilance.

Chen Xuebing let out a long sigh of relief.

tired.

Except for one spot, my whole body was soft.

He inwardly clenched his fist and said:

"Master Xin, I have learned a lot about your defensive skills today."

Xin Mengzhen's chest heaved violently, revealing her state of mind.

"You're not enough!"

Her voice was full of grievance.

"Enough, enough, enough." Chen Xuebing chuckled and turned his head, gently taking her hand in his, then cheekily whispered in her ear:
"Oh oh oh oh oh".

The warm breath on her ear made Xin Mengzhen twist her body and squeeze the hand she was holding with Chen Xuebing's tightly.

"Would you like to talk to me for a bit?"

"it is good."

After saying this, Chen Xuebing kissed the warm cheek again, then lay quietly on the pillow, smiling as he savored the moment.

Xin Mengzhen then turned slightly to the side, clasped her hands together, placed them on Chen Xuebing's arm, and rested her face against it, saying:
"Why don't you tell me what you've been doing for the past six months?"

"Me?" Chen Xuebing stared at the ceiling for a moment, then gradually laughed. "Actually, I didn't do much. I was preparing for the college entrance exam and making money. You know about the factory I was planning to open after the New Year, right? And then..."

"I went to the construction site in March and signed a highway contract..."

"In April, mobile phone prices started to drop in Huaqiangbei, so I started stocking up..."

"In June, the stock market reached 998 points..."

"This month, the market in Huaqiangbei really picked up. I sold my phones and made about six million yuan in total..."

"By the way, the government has issued a document to carry out the shareholding reform, which will bring a big market rally. If you want to go into private equity, you can pay more attention to the stocks on the shareholding reform list, such as Sany Heavy Industry, Haixing Technology, Linggang Steel, and Fuyao Glass. Don't be too fixated on the fundamentals. When the bull market comes, the rise is driven by emotions and doesn't follow any logic."

Chen Xuebing recounted the events of the past six months in a relatively calm tone, but towards the end, he began to subtly offer her some guidance.

Xin Mengzhen listened, somewhat lost in thought.

Mobile phone prices drop, stock market hits new lows, and companies are even losing money on engineering projects…

He was like a surfer, frolicking freely in the waves, doing things that others would be afraid to do.

She suddenly pulled out one hand and hugged Chen Xuebing's waist tightly.

Chen Xuebing was startled.

"Hey, hey, I'm talking to you about something serious, what are you doing?"

"To bask in the aura of a business genius."

Xin Mengzhen smiled proudly.

She was proud of her good judgment.

Chen Xuebing smiled and stroked the soft, flowing hair in his arms.

"Then don't bother trying. Whatever you want, this genius will earn it for you."

"Hmm~ No."

The head in her arms swayed, she gave a little whimper like a kitten, and then nestled peacefully in Chen Xuebing's arms.

After a while, they both fell asleep.

...

I slept very soundly.

When Chen Xuebing woke up, Xin Mengzhen had already left.

He got up to wash his face, but when he entered the bathroom, he was startled.

The character "王" (king) was drawn on his forehead, his nose was blackened, and there were a few whiskers on both sides of his face.

"Little brat..."

He cursed a couple of times, then started laughing.

Unlocking a clingy little brat was, for him, the best encounter since his rebirth.

Go ahead and draw it. A tiger would be fine, as long as it's not a turtle.

……

Xin Mengzhen, as adorable as a kitten, was truly just a fleeting moment.

The next morning, Xin Mengzhen called and said she wanted to use an online store to deal with the goods stuck in the factory, and asked if she could use the "Xin Mengzhen's Little Shop" account.

Chen Xuebing thought for a moment and then gave her a message.

"Of course you can use your shop, but since your goods are authentic overseas OEM products, you should sell them for a good price. I suggest you take some production photos from the factory and OEM contract documents, and go to Shenzhen. I will have the sales department there help you with the webpage and teach you how to promote and operate the shop. Otherwise, once you go to Shanghai, you really won't be able to manage such a big shop on your own."

Upon hearing this, Xin Mengzhen smiled gently and said:
"Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime. It seems you really want me to be independent."

Chen Xuebing was speechless after being rebuked, and it took him a long time to slam his fist on the table:
"Then come directly to my company, mention your boss's name! Bring as much stock as you want, and we'll sell it for you!"

Xin Mengzhen then smiled with satisfaction.

"Hehe—just kidding! Thanks."

Chen Xuebing rolled his eyes: "Thank you on your knees!"

"How dare you! I'll beat you to death!"

"502 is waiting for you, please enlighten me."

"... "

The phone went dead.

Chen Xuebing smacked his lips. He had been teased again early in the morning, and his whole body felt a little uncomfortable.

Looking at the computer in front of me, I suddenly fell into deep thought.

Are those websites I visited in my past life still there?
These days in Asia, the quality of teachers is still quite high…

……

The first day of August happened to be a Monday.

Chen Xuebing deposited four million yuan into his CITIC Securities account, officially commencing his financial operations.

At the same time, Hong Yongqiang was informed that he had already selected traders for a live trading competition in Guangzhou.

Hong Yongqiang understood his unspoken meaning and told him to go for it. He promised that as long as he maintained positive returns for another two or three months, he would definitely bring in some funds to help him cover management costs.

From that day on, the real-money trading competition officially began.

There were no flowers, no applause, and not even a real battlefield.

Only an online competition can support 3700 participants competing on the same stage.

Back then, online competitions were just emerging. There weren't the complicated division rules like the lightweight, heavyweight, and fund groups of later years. The starting capital was always over 20,000 yuan (with no limit on the amount). Participants uploaded screenshots of their earnings via email every day. The competition organizers' job was to screen the screenshots, compile statistics, and verify the operation of the top 100 accounts in terms of earnings. They eliminated participants in batches every week, and only in the last week of August, during the final showdown of the top ten, would they reimburse the participants' travel expenses to come to the competition in person.

However, according to Mr. Wu from the New Express, many well-known experts and big investors have come to Guangzhou and are staying at the New Asia Hotel, where they eat, drink tea, and exchange ideas with each other every day.

Chen Xuebing didn't consider himself a colleague; he saw his future as issuing stocks, not playing the stock market, so he wouldn't go into that field.

As for well-known experts and speculative investors, you can't judge anything from conversations; the key is to look at real-time trading data.

Moreover, he could count the number of well-known IDs that could traverse a 20-year cycle from this era and remain active in later generations on one hand.

Foshan Shadowless Kick, Stock Trading to Support the Family, Brother Zhao, Leader Zhang.

If Xu Xiang, the stock market tycoon whose every move could shake the market, hadn't been arrested, he would probably have been one of them.

He profited from the government's market bailout, and his materials were leaked—a fitting end for his desires.

Of course, he had studied in depth all the well-known trading strategies of these people, such as the leading stock strategy, the limit-up strategy, the doji star strategy, and the closing strategy.

This time, he's going to show off his skills in the competition.

……

8 month 5 number.

"Don't waste money, okay?"

Ren Ying sat next to Chen Xuebing's computer, holding his arm and earnestly explaining.

The sight of green on Chen Xuebing's plate made her uneasy.

All five stocks fell, with the best-performing one dropping 3%. After five trading days in a week, the loss was 35%.

Chen Xuebing forced a smile as he clicked the mouse to buy a stock that had hit its daily limit down.

"It's just 20,000, just playing around. See? This is called the limit-down strategy. Stocks that hit the limit down this morning can't possibly fall any further this afternoon. If they even hit the limit up, that's a 20% increase. Maybe I can even turn things around."

From Monday to Wednesday, he continued to chase rising stocks, only to suffer heavy losses twice, with the stock price plummeting to its daily limit at the close.

With his ranking at the bottom of the group, by Thursday, he could only hope that the stock would rebound from its daily limit down.

Ren Ying sighed deeply, her eyes filled with sorrow.

This isn't just playing around, it's... throwing money around!

"The key point is that the five stocks you bought yesterday that hit their daily limit down have all fallen today."

Chen Xuebing pursed his lips, logged out of Ren Ying's registered competition account, and opened his own account.

Dozens of stocks on my watchlist are all in the green.

The index has risen to 1128.74.

His account earned 170,000 yuan in a week, and Hong Yongqiang's account earned 200,000 yuan.

The operations were almost simultaneous, but he noticed that he prioritized operating his own account when selling at high points and buying at low points before logging into Hong Yongqiang's account to operate, so his own return was still higher.

Playing like this feels a bit guilty.

However, it was something he did intentionally.

Seeing that it was almost time, Chen Xuebing took screenshots of the returns of the two accounts, uploaded them to his email, and sent them to Lao Hong.

The title is "Gains in the First Week of August".

Ren Ying watched his actions quietly from the side, initially a little confused.

"Mr. Hong can see it himself, right?"

Chen Xuebing smiled but remained silent.

Ren Ying's eyes lit up after she sent the email.

"Oh...you want Mr. Hong to..."

Chen Xuebing nodded.

"Yes, that's the idea."

...

At 3 p.m., Hong Yongqiang called.

"Hey kid, this is getting a bit boring! Why is one of your accounts showing a 4% return while mine only shows 3%? And whose account has 417 million?"

Chen Xuebing chuckled and said, "It's mine."

Hong Yongqiang was stunned.

"You have so much money?"

Chen Xuebing waved his hand: "That's not the point. The point is that my own funds have also come in. I have to keep an eye on dozens of stocks at the same time and switch accounts to buy and sell. It's normal to miss the buying and selling points."

"... "

Mr. Hong wanted to curse, but he also felt that Chen Xuebing's actions were justifiable.

"What exactly do you mean? Stop beating around the bush and just say it!"

Chen Xuebing smiled.

"Uncle Hong, we'll soon be establishing a studio-based operation model for stock trading, and we need to set some rules for the inflow and outflow of funds. You don't expect me to handle all the funds coming in from later on through separate accounts, do you? What I mean is, I'd like you to set an example."

“You…” Hong Yongqiang immediately became wary.

There was a moment of silence on the phone.

“Xiao Chen, we had an agreement at the beginning: I would provide the funds account and you would operate it. Now you want to do this... It's not that I don't trust you, it's just that I'm afraid it will be difficult for me to get funds for you.”

Once the safety net of your own account is gone, it's no longer a question of whether you can make money, but whether you can protect your principal.

The bumper issue is what investors care about most. Not to mention others, even he himself has to worry about whether Chen Xuebing is reliable.

Without funds in hand, any returns are just wishful thinking!
Chen Xuebing smiled faintly and said, "It's okay. You can reduce your investment or withdraw first. Right now, my funds plus your commission are close to 5 million. When my funds increase 20 times next year and reach the private equity threshold of 100 million, I will apply for a fund license. With a formal fund and regulatory mechanism, we can then follow the rules of the fund."

"20 times next year..."

Hong Yongqiang was astonished: "Your kid is better at bragging than at making money."

“Then let’s take it one step at a time. The market looks good going forward. You could easily make three to five times your initial investment if you trade on your own. Just transfer my 75 yuan profit to me, and we’ll go our separate ways. See you in a year.”

Hong Yongqiang felt like cursing.

Go cook it yourself?

His own account has a total return of 5% so far!

How volatile was the market before?

He followed Chen Xuebing's advice and traded several trends before he was able to turn his previous losses around!
He started trading stocks himself and realized that this kid was a genius. He was good at grasping market trends, and when the market fell, Chen Xuebing's stock picks were resilient to the decline, and some even rose against the trend!
The profits gradually calmed him down, and Hong Yongqiang's tone softened:

"You little brat, how can you be so ungrateful? Now that you have money, you don't even recognize your Uncle Hong anymore?"

"How can I deny it? But rules are rules, Uncle Hong. I was also making a painful decision to sacrifice a pawn to save the king."

Neither of the two idioms sounded pleasant to Hong Yongqiang.

Is Lao Tzu a Ma Su or a chariot?

"Xiao Chen, I've only heard about this private equity fund, but how exactly does it work? ...I mean, the safety of the funds."

"For private equity funds, the redemption cycle is based on the contract, and the framework is a partnership structure. We are the general partners, and the investors are the limited partners. Limited partners do not participate in management, but you have seats on the investment decision committee and the management committee. In addition, there are fund terms and conditions regarding information disclosure and account supervision. The account is generally supervised by three or more parties, and private individuals cannot withdraw money. You can check the specific terms. We do what the country requires."

Upon hearing this, Hong Yongqiang felt it was much more reliable.

You're saying it takes 100 million to start a private equity fund?

"Correct."

"Well... how about this? Don't withdraw your profits. Put them in my account for now. Now, with my account and yours combined, we have a total of 1200 million, right? Forget about multiplying it 20 times, as long as you can increase the total to 3000 million, I'll take care of the remaining 7000 million for you. We'll start a private equity fund! We'll follow your rules then!"

Chen Xuebing laughed when he heard this.

Good guy.

I offered him a pie 20 times bigger, and he immediately handed me back 7000 million.

Stepping on my right foot with my left, I'm practically flying up into the air.

"Mr. Hong, you really don't act until you see the profit. If you turn it into 30 million, your 6 million will be at least doubled, right? Half of your profits are mine. I could have withdrawn those profits to my own account in time to compound them, but they've become our profits too. Besides, we don't even have a contract right now. Our profit sharing is just a verbal agreement. If I don't withdraw the profits in time, I'll be worried that you might run away with my profits."

"Heh." Hong Yongqiang chuckled, his tone revealing the cunning of an old fox.

"Kid, if you want me to believe you, shouldn't you believe me first?"

Chen Xuebing chuckled dryly, and after a long pause, slammed his hand on the table.

“Okay, no problem, Uncle Hong. Just make it to 30 million. If you can’t keep your promise, you’d better run away as soon as possible. Otherwise, I’ll use your account to try out my latest research on the limit-down trading strategy.”

"??? What kind of limit-down trading strategy?"

"It's about giving back the money in your account to nature."

Chen Xuebing hung up the phone and cursed, "Old Deng."

Just a few seconds later, another call came in.

"Hello, Teacher Wu."

"Um, Mr. Chen, I just wanted to let you know that your competition account... has been eliminated."

Chen Xuebing was a little embarrassed.

They were eliminated in the first round of the group stage, they're on par with the Chinese national football team.

There's nothing left to do now, and he doesn't want to stay any longer.

"It's okay, the competition is just for fun. How about the people you've found for me?"

"Ah, I took a look. Two of the five people I selected didn't perform very well this time. How about I come downstairs to find you in a bit, and you can take a look at their live trading records?"

Chen Xuebing tapped his fingers slowly on the table twice.

"Okay, let's get them here as soon as possible. I'll reimburse their airfare. I need to finalize the deal within three days."

------

(Supplementary Chapter)
I'm so sorry, the temperature difference has been too big lately, and I caught a cold. I've filled a whole trash can with tissues from blowing my nose, and my head is throbbing.

However, if you don't ask for leave, it means you have to make up for it, and you will definitely make up for the missing two or three days.

(End of this chapter)