Those Years When I Was Forced to Top the Forbes List

Chapter 111 Wealth Accumulates in Silence

Half an hour later, the three people in the room finished their phone calls with their families and confirmed that they were traveling with Chen Xuebing.

Ren Ying immediately booked a plane ticket online.

As one of the first people to enjoy the benefits of Alipay, Chen Xuebing never experienced the hardship of booking airline tickets offline.

At the beginning of this year, Alipay established a partnership with the Civil Aviation Direct Sales Network, making it very convenient to place an order and pick up your boarding pass at the airport counter.

Xu Jin, Liu Zengcheng, and Wu Zisheng watched in amazement.

Xu Jin, in particular, said that in the past, executives of the Delong Group had to contact the company administration to book tickets for their travels. They even set up a special office for this purpose. Only by establishing cooperation with travel agencies and the Mingzhu Club could they obtain so many same-day tickets in a timely manner.

Chen Xuebing smiled with some emotion: "The swallows that once graced the mansions of the wealthy and powerful now fly into the homes of ordinary people. The rich can enjoy privileges through wealth, but only technology can allow every ordinary person to enjoy privileges."

……

……

I arrived in Chongqing at 8 p.m.

The group of five all had a pragmatic and efficient attitude. They had already eaten a light meal on the plane, so they didn't mention eating again and went straight to the office.

Xu Jin and Wu Zisheng were somewhat uneasy because this was President Chen's headquarters, yet there wasn't even a car to pick them up, and they had to take a taxi, which was rather shabby for finance professionals who always valued pomp and circumstance.

The Liberation Monument was quite congested, so everyone got out of the car outside and walked in. Chen Xuebing vaguely heard the two of them whispering to each other and jokingly remarked:

“Our company not only doesn’t have any cars, but now we don’t even have any people! I tricked them all into coming here. We’ll just have to make the best of it. If we want to take a ride, we’ll earn the money to buy one ourselves. But Chongqing is a very congested place, especially for commuting to work in Jiefangbei. Driving is not a wise choice.”

Xu Jin immediately laughed and said, "President Chen, that's not what we meant! We were saying that you made enough money in the stock market in two months to buy a Mercedes-Benz, yet you're still willing to take a taxi. You're so young, yet so humble. It's truly admirable!"

“Buy a Mercedes? My money doesn’t grow on trees! From now on, every penny must generate profit! But don’t worry, I’m not a shell company. I have other businesses in Shenzhen and Chongqing, with profits of at least a million a month. Stocks are a side business. Even if I lose money, I can still pay your salaries.”

Chen Xuebing's voice wasn't loud, but it drew the attention of many people in the bustling Liberation Monument area, who all scrutinized the group.

These days, housing prices are still low. A house in Shanghai costs only a few hundred thousand yuan, and even less in Chongqing. Ordinary people can't even afford to talk about such figures.

The three people who had been speculating about Chen Xuebing's identity on the way heard this and suddenly felt that President Chen's back had gained a certain air about him.

A million a month?
Tsk tsk.

The financial sector may seem glamorous, with funds often measured in hundreds of millions, but that's money from banks, insurance companies, trusts, and other financing channels. Some private equity fund founders only have a few million in their own capital, so Chen Xuebing showing them the more than 1200 million in his two accounts gave them confidence.

If this Mr. Chen really has a business that earns a million a month, then he is already considered a very powerful boss, and raising hundreds of millions in financing would definitely not be a problem.

In fact, Chen Xuebing was also considering borrowing money from the bank to develop his business. According to the bank's operating rules, after six months of transaction records, his company information should have been confirmed, and it shouldn't be a problem to get a loan of a few million by finding some connections.

However, bank loans cannot be used for stock market investments according to regulations. Financial violations are a red line that specifically targets the wealthy, and there are records to prove it. The consequences are much greater than selling pirated goods, so he doesn't want to get involved.

"Ren Ying, are Ni Cheng and Wu Duo here?" Chen Xuebing asked.

These two were customer service representatives hired to fill in for others, but now that they've all left, they're left to guard the New York building.

"Yes, Huang Jinyu and Zhang Hang haven't left. Are we going to hand over the keys later?"

Ren Ying's so-called "handing over the keys" was essentially a dismissal.

This girl looks kind, but she's almost heartless when it comes to work, including dismissing unnecessary staff. She'll write down any extra expenses in her little notebook and mention them to Chen Xuebing from time to time. As long as Chen Xuebing nods, she'll immediately go and cut those expenses.

"Alright, we're currently in a phase where we need to recruit more people. If they're willing to stay, try to offer them positions."

Chen Xuebing waved his hand and looked at Wu Zisheng.

"Ms. Wu, you'll be in charge of the company for the time being. Should I leave you two receptionists?"

Wu Zisheng frowned: "No position in the private equity fund can be taken lightly. We deal with big clients. In addition to having a good image, the company's receptionist also needs to have a good memory and know how to handle external liaison and reception work. In addition, I suggest that we also leave two vacant positions for traders. In case a big client wants to send their child to train, we need to have suitable positions for them to learn some real skills."

Hearing this, Xu Jin nodded in deep agreement: "That's how Delong's financing department used to be. The more people with connections you put in, the more you can raise. To satisfy the vanity of your clients, they also gave them a lot of positions. In reality, the company was just supported by a few core members."

"Oh, it seems Teacher Wu is quite knowledgeable." Chen Xuebing smiled.

"You forgot, I'm an investment advisor. I've worked in the securities industry for so many years. I've either studied it or read about it."

"Then you'll have to study and review everything again. You'll be our company's only investment advisor from now on. We won't have a financing position, so you don't need to worry about using connections to secure financing."

As they talked, they entered New York.

When I arrived at New York 45 and entered the office filled with air conditioning and dazzling night views, everything finally felt like the financial world.

"Hello, Mr. Chen."

"Boss!"

Chen Xuebing nodded and began making arrangements as soon as he entered the room:
"Huang Jin, the factory is already under construction. Pack your things, we're going to Shenzhen tomorrow."

"Zhang Hang, talk to the building management tomorrow and rent a small office on a nearby floor for the labor service company. Also, tell Liang Hui to go back to Chongqing tomorrow."

"Yu Yi, come to the conference room for a meeting."

The group hurriedly entered the conference room.

"How's the environment?" Chen Xuebing asked with a smile as he sat down.

Xu Jin and Wu Zisheng looked around and nodded with smiles.

"very nice."

“Not bad.” Liu Zengcheng, however, was quite straightforward and said, “Such a tall building would be even more beautiful if it were on the Huangpu River.”

Chen Xuebing smiled slightly: "Lujiazui and Jiefangbei, Huangpu River and Jialing River, where you sit is secondary. Capital will always flow to places with higher returns. It would be interesting if you could siphon off the Huangpu River and Shenzhen Bay from here."

These words made the three of them sit up straighter.

An ambitious boss's words are inspiring.

"Today is Tuesday. There are still three trading days left this week. You guys tell me your plans for the next three days. Yu Yi, you will be the company's vice president in the future. You should learn from your seniors."

Chen Xuebing's words can be considered an introduction to the metaphor.

All three of them looked at him.

"okay."

Yu Yi pretended to be calm, but inside he was panicking. Although the three people in front of him did not have the air of elites, they all seemed to have a "career sense" that he had never seen before.

This feeling is absolutely rare in Chongqing, a place where even meetings are conducted using covered bowls of tea.

"Hmm... I'll go to the job market to recruit people tomorrow," Xu Jinxian said.

“No need.” Wu Zisheng had already thought about this on the way. Now he raised his hand and said, “President Chen, you have two accounts now. I think we should let Xu Jin and Liu Zengcheng each manage one tomorrow. I will handle the recruitment. Also, I think the exterior needs to be renovated. I wonder if you have the budget?”

Chen Xuebing really wanted to say that there was no budget.

They had just finished dealing with 15 million yuan worth of inventory and bills in Shenzhen when he withdrew another 4 million yuan ahead of time. Now they only have about 200,000 yuan in the account, and they are still trading on credit, causing the debt to snowball again.

However, the two counters are doing very well now, with a strong ability to generate revenue. His statement about earning a million a month was even somewhat modest.

All he needs is time.

"Let's put the renovations on hold. I also have a labor service company that needs to set up an office. We'll do it together."

Ren Ying whispered a reminder: "Next month, this office will be six months old, and the lease will need to be renewed. The rent is 108,000."

Small expenses shouldn't be taken too seriously. Now that three more high-paid employees have joined, the salary expenditure has increased by 60,000 yuan. The various expenses each month are approaching 200,000 yuan, not even counting Chen Xuebing's own expenses.

Xu Jin, who was standing next to him, noticed something and hesitated before saying, "President Chen, actually... this Baosteel warrants are a really good opportunity. Needless to say, with the 1200 million yuan you have, you can go in and roll it out. It's the safest way to play. It's enough to cover our expenses for two years. Moreover... I have reliable information that several institutions will be involved this time, and the opening price will not be lower than 5 cents. Within three days, we'll see a dollar."

Chen Xuebing touched his forehead.

"We'll talk about that later. For now, my trading is mainly based on my own stock picks. Even in a downtrend, I will maintain a position of over 60%. My trading strategy is to use three tracks for trading. I calculate the arithmetic average of the closing prices over the past 7 days as the middle track, and use the standard deviation of the closing prices as a measure of volatility. I go long when the price breaks through the upper track and close the position when it returns to the middle track. I go short when the price breaks through the lower track and close the position when it returns to the middle track."

Xu Jin immediately realized: "Bollinger Passage?"

Chen Xuebing nodded slightly.

"Yes, this is a trading strategy that is more suitable for a volatile, slow bull market. This is also my judgment on the market for the next six months. I expect the market to remain bullish. The trading strategy can be fine-tuned according to the situation, but don't question my judgment. Let me be clear from the start: if you use a bear market defensive strategy and suffer losses, I will deduct your pay."

Xu Jin frowned: "The closing price on the 7th... isn't that a bit too aggressive? Do you think the rebound period won't last more than seven days?"

"There will be fluctuations. I will monitor the market and notify you of any adjustments."

After Chen Xuebing finished speaking, he looked at Liu Zengcheng and asked, "What about you? Do you have any questions?"

Liu Zengcheng leaned back in his chair, raised his eyebrows, and said, "I don't understand Bollinger, but what you mean is very simple: attack. Just come to me. My specialty is attacking."

Chen Xuebing grimaced, wanting to slap that arrogant face across the face.

"Liu Zengcheng will manage the 700 million account, and Xu Jin will manage the 400 million account. The computers are outside. Pick one yourself, come over early tomorrow morning to thoroughly understand the selected stocks, and start trading during the opening auction."

"Hmm..." Xu Jin pondered for a moment and said, "There's no time to lose. Why don't we take a look now and discuss it on the charts?"

Chen Xuebing looked at Liu Zengcheng.

Liu Zengcheng spread his hands: "I have no objection. I trade futures and I'm used to checking overseas market news at night. I only need five hours of sleep a day."

Chen Xuebing smiled with satisfaction.

"Okay, then let's hold this meeting outside."

……

The work was scheduled until after 11 o'clock, and Ren Ying arranged for them to rest at a hotel.

Chen Xuebing didn't go home; he slept in his office.

There is a room for him in the office. When his brothers bought furniture and furnished the room, they got him a big bed. The bedding is quite comfortable, and the toiletries are all provided.

However, he didn't sleep well and had endless dreams.

At five o'clock, he simply got up to wash his face and brush his teeth, made a cup of tea, and sat in front of the French windows to watch the sunrise in Chongqing.

The scenery is beautiful; I enjoy the solitude.

Actually, his mother had been urging him to come home for a long time, and his purpose in coming home was, of course, to show off his college acceptance letter.

In fact, he has never been low-key and likes to show off. However, he is not very interested in showing off a second-tier university admission notice. The threshold he accumulated in his previous life is high enough to far exceed what he experienced in his previous life. It seems that he still needs to accumulate for a long time.

He prefers to enjoy these moments of solitude until he receives enough wealth to surpass his psychological threshold.

Wealth always accumulates rapidly in the quietest of times.

(End of this chapter)