Returning to his senior year of high school, he went all in and made billions by buying at the botto
Chapter 297 The Real Purpose
12:23 AM.
The encrypted phone finally rang.
The caller was Antoine.
"List."
A deep voice came from the other end of the phone.
"I'm afraid I have brought bad news."
"explain."
"Zheng Yalan and her son have no freedom."
Chen Mo gripped his phone.
"What do you mean?"
"They live in a gated community in northern Barcelona."
"The house, car, school and living expenses were all paid for by a Spanish consulting firm."
"Three Chinese men were always with the mother and child."
"Our people tried to contact Zheng Yalan under the pretext of verifying school materials."
"She initially stated, according to her prepared remarks, that she wanted to stay in Spain voluntarily."
Antoine paused for a moment.
"Then, when the people next to her left, she said a sentence in Chinese."
"What?"
"Please don't call again, they will hurt my son."
The office was completely silent.
Chen Mo's eyes gradually turned cold.
"What happened at the villa around noon today, which is about 7:10 PM Beijing time?"
Why are you asking about this time?
"Her husband, Feng Kai, received the last phone call at 7:17."
"A few minutes later, he fell from the Taichu office building."
There was silence on the other end of the phone.
Soon, Antoine spoke a few words in French to the people around him.
The sound of paper and keyboard clicking continued for almost a minute.
"Chen, we've retrieved the temporary communication records from that residential registration network."
"At 12:16 PM Spanish time, an internet communication account logged in from the villa's address."
"Then a call was made that went through multiple transfers."
The call lasted two minutes and forty-one seconds.
"The number ultimately ended up in China."
12:16.
That corresponds to 7:16 PM Beijing time.
It was only one minute before the last phone call with Feng Kai.
Zheng Yalan and her son were restricted from their freedom.
Feng Kai received a phone call from that villa.
He then left a suicide note and jumped from the office building.
All the scattered clues connected at that moment.
Chen Mo no longer needed to know what was said in that phone call.
All the other party needs to do is let Feng Kai see his wife and children, and then tell him what choice he should make.
"Antoine, rescue the mother and child first."
"I have contacted the local police."
Antoine answered.
"Deville's men will be with us the whole time."
The phone hangs up.
Chen Mo looked at the two words "Feng Kai" on the paper.
The anger that had been building up in his chest all night surged up again.
At that moment, he was almost certain.
Feng Kai did not commit suicide out of fear of punishment.
He was driven to his death.
............
Two o'clock in the morning.
The lights of the Primordial Assets were still all on.
Chen Mo did not leave the office.
Spanish police have intervened, and lawyers and security personnel arranged by the de Vere family are stationed around the community.
Zheng Yalan and her child have not been transferred yet.
However, Antoine was not allowed to bring people directly into the residence until the local police completed the necessary procedures.
Chen Mo could only wait.
During the waiting period, he compiled all the evidence he could obtain.
3:17 a.m.
Antoine sent a short message.
Local police have obtained authorization to enter the residence.
The operation will begin before dawn.
Chen Mo replied with a single word: "Okay".
Then we continued to wait.
……
The next day at 9:15 a.m.
Taichu II Joint Coordination Office.
The final risk meeting before the market opens is underway.
There were more than a dozen more people around the conference table than usual.
The independent execution teams from social security, Central Huijin, SDIC, and several state-owned financial institutions are all online.
All funds in Taichu No. 2 were kept in separate accounts.
Taichu provides strategic direction, while participating organizations make their own judgments, implement strategies, and bear the consequences.
This is why the account will not stop trading even after the initial strategy channel is cut off during the verification period.
They simply lost their original unified direction.
Some people suggested reducing the position size.
Some argue that there is currently insufficient information, and that it is inappropriate to sell off shares based on public opinion.
Some people want to increase stock index futures hedging, but worry that expanding short positions during a sensitive period will be misinterpreted as government funds actively shorting the market.
Lu Zhilan has already avoided the topic.
Chen Mo's new strategy suggests that the information can only be entered into the archiving system and evaluated after verification.
No one can immediately persuade all participating agencies to take the same action.
9:25 a.m.
The opening auction has begun.
The first batch of abnormal sell orders appeared.
Among the top ten equity holdings of Taichu No. 2, seven stocks were simultaneously subjected to large-scale sell-offs.
The sell orders came from different brokerage seats.
While the individual transaction sizes are not excessive, when combined, they consistently suppress the buying price.
Two of the heavyweight stocks saw their share prices fall by more than three percent in the opening auction.
Several other high-end manufacturing and technology stocks saw selling pressure significantly exceeding the normal levels of the past month.
"It's not a natural sell-off."
An executive was staring at the screen.
"The other party knows our holdings."
No one answered.
The ability to accurately identify the few stocks with the most concentrated overall holdings indicates that the other party has access to the custody summary, risk reports, or internal materials from the joint coordination office.
9:30.
The market officially opened.
All seven stocks opened lower.
In overseas markets, short positions in the A50 futures index are also increasing rapidly.
Several institutions trading through offshore accounts continued to lower their quotes.
As the A50 index fell further, domestic quantitative and trend-following funds began to sell.
The already fragile market sentiment deteriorated rapidly.
After 10 a.m., the sell-off spread from Taichu No. 2's core holdings to the financial, energy, and manufacturing sectors.
The index began to decline at an accelerated pace.
The execution team of Primordial II finally confirmed that this was not a regular transaction targeting a specific stock.
Some people are taking advantage of the market's panic to launch a concentrated attack on the entire portfolio.
Independent accounts begin to manage their own risks.
Some of the increase is offsetting.
Sell some of the most volatile stocks.
Others chose to maintain their positions and wait for the market to recover.
Different actions cancel each other out.
The independent system, originally designed to prevent decision-making errors by a single institution, has shown significant sluggishness after losing a unified strategy.
……
Primordial Assets.
Zhao Qiang strode into the office.
"Mr. Chen, the second company's major holdings have been targeted."
He put the real-time data on his desktop.
The selling pace of the seven core holdings was highly consistent.
"Has the strategy channel not been restored yet?"
"no."
"Our risk alert has been filed, but the joint office cannot accept direct advice from Taichu during the verification process."
Chen Mo watched the curve continue to decline.
"Let the research team continue their analysis."
"Do not contact any of the personnel in charge privately."
Zhao Qiang was getting anxious.
"If this continues, their losses today could exceed one billion yuan."
"At times like these, we must not leave any programmatic problems unresolved."
Chen Mo said.
"If a transaction instruction is privately transmitted to Number Two even once, all the previous isolation measures will become meaningless."
Zhao Qiang gripped the report tightly in his hand.
He finally nodded.
"clear."
Chen Mo did not appear as calm as his voice suggested.
Taichu No. 2 is not his private account.
However, this strategy was developed by him, and because of his judgment, it was expanded to nearly 50 billion yuan.
Every percentage point drop on the screen represents hundreds of millions of yuan in book losses.
All he can do at this moment is collect data, submit risk warnings, and wait for a response.
This feeling is worse than losing billions of yuan.
11:27 a.m.
Antoine sent a second message.
Zheng Yalan and her son have been taken away from their residence by local police.
Personal safety is temporarily guaranteed.
Of the three Chinese men responsible for guarding the area, two were detained, while the third left before the police arrived.
Zheng Yalan's emotions are very unstable, and she is temporarily unable to complete a detailed inquiry.
The lawyer is assisting her and her child to enter the protected housing.
This is the only good news so far today.
He replied to Antoine.
Do not rush Zheng Yalan.
First, ensure the safety of the mother and child, then secure the residence, vehicle, mobile phone, and payment records.
No private team may access the evidence alone.
After the message was sent, Chen Mo looked up at the market again.
The morning's closing figures are already displayed on the screen.
The weighted drawdown of each independent account in Taichu No. 2 is close to two percent.
The selling continued into the afternoon.
Several media outlets began spreading the news that "Primordial II was forced to liquidate its inventory."
Another article claims that billions of dollars are being withdrawn from core heavyweight stocks, which is the real reason for the index's decline that day.
There is no evidence to support this claim.
However, it provides a sufficiently specific outlet for investors who are currently losing money.
"So it was this private equity firm that dumped the shares."
"With tens of billions of special funds, profits are theirs, but losses are left to the market."
"An employee just jumped to his death, and the fund immediately began liquidating its holdings. What problems are hidden here?"
Similar comments have spread from financial forums to social media platforms.
Nobody cares that Primordial II is actually on the receiving end of a sell-off.
No one wants to read complicated account structure explanations when the index is falling continuously.
A mysterious private equity firm with hundreds of billions in assets, a deceased employee, and a product with an unknown origin worth 50 billion yuan are enough to constitute a story that everyone is willing to believe.
The market closed that day.
The overall pullback of Taichu No. 2 is 3.1%.
Based on an account size of nearly 50 billion yuan, the book loss exceeds 1.5 billion yuan.
Market indices also fell sharply.
Offshore A50 short positions were not closed; in fact, they continued to increase after the market closed.
The attack is not over.
……
The second trading day.
Before the market opened, three new articles about Taichu II had already begun to circulate.
One of the articles disclosed some of the areas where the stocks were heavily invested.
The content is not entirely accurate, but it is enough to make speculative funds sell off related sectors in advance.
Another article describes Primordial II as "a national fund pool directly controlled by eighteen-year-olds."
The final article forcibly compares the profits generated overseas with the domestic trading time of Taichu No. 2, implying that there is information exchange between the two.
After the market opened, the selling pressure was even more intense than on the first day.
Institutions that had been observing the market the previous day began to reduce their risk exposure.
Some margin accounts have triggered liquidation thresholds.
Quantitative strategies automatically reduce positions in line with market fluctuations.
The attacking funds only need to continue to suppress the price at key levels, and the market itself will generate more sell orders.
10:40 a.m.
The overall pullback of Taichu No. 2 has exceeded 5%.
1:50 PM.
The pullback reached 6.3%.
Before the market closed, the final round of selling poured into heavyweight stocks.
The index fell again.
The cumulative pullback of Taichu No. 2 over two days finally stopped at 7.2%.
The unrealized losses on the books exceed 3.5 billion yuan.
Everyone in the joint coordination office fell silent.
The 50 billion yuan was not leveraged and there was no margin call in the usual sense.
A loss of 3.5 billion yuan in just two days is enough to put pressure on any participating institution.
Moreover, the short-selling forces in the market have not yet withdrawn.
……
The next day, in the evening.
Zhao Qiang brought a file folder without a signature.
"It came from within one of the participating organizations."
Chen Mo opened the file bag.
Inside were three copies of internal reference materials.
The first report is titled "Abnormal Withdrawal of Taichu No. 2 and Risks to State-Owned Funds".
The content does not focus on market attacks, nor does it analyze why the number of short positions in the A50 overseas has increased simultaneously.
The entire document emphasizes that after Taichu II adopted Chen Mo's strategy, it caused billions of yuan in losses to state-owned funds in just two days.
The second document is titled "Beware of Hidden Profit Channels Formed Between Domestic Policy Funds and Overseas Private Equity Funds".
Creation, Lu Jingyi, Chen Mo, and Taichu No. 2 are drawn on the same relationship diagram.
Several dotted lines, lacking any supporting evidence, forcibly connect domestic strategies with the creation of overseas transactions.
The third document only has four pages.
The title is the shortest.
"Report on the Decision-Making Procedures and Conflicts of Interest of Taichu II".
The first part of the material asks why Lu Zhilan chose Chen Mo as her strategy consultant.
The second part questions whether she bypassed the normal screening process because of Lu Jingyi's personal relationship with Chen Mo.
The last page offers suggestions.
Until the fact-checking is completed, Lu Zhilan shall be suspended from all work related to finance and strategic industry funds.
Chen Mo reread the last page.
Two days.
Only two trading days have passed since the market attack began.
Some people have already written down the reasons for the loss, the attribution of responsibility, and even the proposed solutions.
They don't care who is shorting the market, nor do they care why Taichu No. 2 lost its strategy channel at the same time.
The 3.5 billion yuan unrealized loss is just one figure used in these materials to prove Lu Zhilan's dereliction of duty.
Chen Mo picked up a pen and drew a line under the words "Suspend Lu Zhilan".
Only now did he truly feel it for the first time.
This attack may not only be aimed at destroying the Primordial Beginning; the opponent's ambitions are even greater than he imagined.
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