Reborn in 2014: A One-Man Tycoon

Sun Dashan laughed so hard he slapped his thigh when he saw Meng Chuan's desperate gamble.

His smugness was practically overflowing.

It was as if he had already won, and Meng Chuan was nothing more than an ant crushed under his feet.

"The results aren't out yet, what are you so smug about?"

Meng Chuan glanced at Sun Dashan with some disgust.

"Haha, isn't the result obvious? You've bet a hundred million on this obscure little-known stock. Do you even know anything about stocks? With your haphazard trading, if you win this bet today, I'll eat my computer."

Sun Dashan laughed so hard he almost fell over.

He pointed at Meng Chuan's computer screen with his finger.

He looked like he was watching a huge joke.

Most of the people around also shook their heads.

Anyone with even a basic understanding of stocks feels sorry for Meng Chuan's "recklessness".

In their view, Meng Chuan was simply jumping into a fire pit.

Sun Dashan's mockery was not without basis.

In the stock market, everyone is keen to chase after popular stocks.

After all, popular stocks mean more capital inflows and higher attention.

The opportunities to make money will naturally be greater.

Xinhua Chengdu New Company is just a niche stock.

Formaldehyde is a product with a small target audience.

Unlike oil, it does not circulate widely around the world and receive extensive attention.

If Meng Chuan hadn't gone all in on Xinhua at that moment, Sun Dashan and many others present wouldn't have even heard of this stock.

"You were the one who raised the bet. If you lose, am I supposed to personally feed you the computer?"

Meng Chuan looked at Sun Dashan with a half-smile.

However, to outsiders, Meng Chuan's composure seemed either like a forced show of calm or that he was simply too arrogant and didn't care about winning or losing a hundred million.

But regardless of which one it is, it doesn't affect the outcome of this bet.

"Hey! It's gone up! Xinhua's stock has gone up."

Before Sun Dashan could speak, a surprised voice came from behind Meng Chuan.

"It rose by 1.21%, which may be due to the entry of a large amount of capital of 100 million yuan."

"Yes! Xinhua's base is too small, so a 100 million yuan investment is a considerable share."

"Most niche stocks are stable with limited upside potential, and they should fall back soon."

People who know about stocks started discussing it.

Their words were full of confidence in the stock's performance.

Even Liu Qian looked at Meng Chuan with some worry, her eyes full of concern:

"Meng Chuan, are you really sure?"

"It shouldn't be a big problem."

Meng Chuan gave Liu Qian a reassuring look.

There was a kind of inexplicable power in his eyes that commanded respect.

Others only see the surface of things, but Meng Chuan knows the details of Xinhua.

The person in charge of Xinhua was already doing his best to fabricate the story, and Meng Chuan's 100 million yuan was just adding fuel to the fire.

As long as the people at Xinhua aren't stupid, once they know that they've invested 100 million, they'll do their best to cooperate with Meng Chuan in putting on a good show.

Meanwhile, in a luxurious office building far away in Chengdu...

"Chairman, great news! Huge good news..."

A man who looked like an assistant barged into an office.

But the assistant's surprised voice suddenly stopped.

In the office, a middle-aged man with a beer belly suddenly shuddered.

The next moment, a female secretary wearing black-rimmed glasses, a white shirt and a black skirt, emerged from under the desk, looking disheveled and slightly flustered.

"What's the rush? Knock before you come in from now on."

The beer-bellied man's face turned cold, and he berated his assistant.

"I'm sorry, Mr. Jiang."

The male assistant said awkwardly.

"Secretary Zhang, go get me a cup of coffee. Oh, and what did you just say?"

After sending the female secretary away, President Jiang then asked his male assistant.

"Good news, 100 million yuan has just entered the market."

The male assistant hurriedly said.

"Oh? Heaven is helping me! Quick, turn on the computer."

"I'm overjoyed," said President Jiang.

As soon as the computer was turned on, funds were indeed seen entering the market.

Although the futures market and the stock market are not interconnected, a lot of information is shared between them.

When the stock market is doing well, the futures market will inevitably follow suit.

In order to stockpile formaldehyde and orchestrate this massive scheme, General Manager Jiang has recently poured all the funds at his disposal into it.

With 100 million yuan now entering the market, it's the perfect time to strike while the iron is hot.

"Give me the last two hundred million yuan and drive our company's stock price to the daily limit. Then release the news that capital is optimistic about the prospects of formaldehyde, guide formaldehyde futures investors to increase their holdings, and try to raise the price of formaldehyde futures by another 20%."

"I can say that," said General Manager Jiang decisively.

Just as Meng Chuan had predicted.

With Mr. Jiang's behind-the-scenes cooperation, Xinhua's stock price, which was not large to begin with, immediately soared like a rocket, eventually hitting the daily limit.

The group of people behind Meng Chuan were already dumbfounded.

They stared at Meng Chuan's computer screen as if they had seen a ghost, unable to utter a word for a long time.

Sun Dashan, however, was still basking in his own smugness.

Seeing the change in everyone's expressions, he assumed that the stocks Meng Chuan had bought had plummeted.

"How was it? Did it crash? Niche stocks are only suitable for those seeking stability. If you rashly enter the market with your 100 million yuan, it will only scare away other investors. They'll think the big players are trying to drive up the stock price to fleece them!"

Sun Dashan was still talking smugly.

He seemed to have already envisioned Meng Chuan losing everything.

However, what Sun Dashan said is true and is common knowledge in the stock market.

Niche stocks typically don't experience significant fluctuations.

Once a huge fluctuation occurs, it will have a ripple effect on the whole situation.

If prices surge, investors will sell.

One group is worried about being taken advantage of, while the other group wants to secure their profits.

Because stock market investors know that niche stocks are unlikely to rise exorbitantly.

If the price goes up outrageously, you can make a profit by selling it.

Wait until the stock price stabilizes before entering the market.

This is called knowing when to stop while you're ahead.

If the market crashes, investors will also withdraw.

This is called cutting your losses in time.

"That was too fast, it stopped in an instant."

"A man watching from behind Meng Chuan said in shock."

"Unbelievable, how could this be?"

The other person was also amazed.

"It hit the daily limit down? Haha, kid, this is what happens when you provoke me. You pretend to know what you're talking about. You're still too green to compete with me in stock trading. Your remaining principal is mine too. Let's see how arrogant you are in front of me now! From now on, you better stay away from Qian'er. A toad trying to eat swan meat, you're courting death."

Sun Dashan laughed arrogantly, and his laughter sounded particularly jarring at this moment.

"It didn't hit the daily limit down, it went up, it hit the daily limit up!"

"It actually went up by 13%? How could this be?"

"And it's only been thirty minutes!"

“Other capital is following suit.”

"Normally, a 10% increase would trigger a limit-up, but it seems that Xinhua shares fell by 3% at the opening, and only now can they rise by 13%."

The people behind Meng Chuan were all so shocked they couldn't close their mouths.

They looked at Meng Chuan as if he were a monster.

Before Meng Chuan entered the market, Xinhua's stock price had fallen by 3%.

Meng Chuan's entry into the market caused a sudden and unexpected 13% increase. What does that mean?

Even the stock market guru couldn't predict that accurately, right?

The way everyone looked at Meng Chuan finally changed.

The initial doubts and regrets turned into surprise and admiration.

Upon hearing the crowd's discussion, Sun Dashan's face turned pale.

As if struck by lightning, his body trembled slightly.

Xu Jiu quickly returned to Meng Chuan's side.

Staring at the computer screen, her eyes were wide open, filled with shock and disbelief.

"It really went up? You... are amazing."

Xu Jiu stared at Meng Chuan in shock, unable to find the words to describe him.

All he could do was give Meng Chuan a thumbs up.

"There's nothing I can do, I was just lucky."

Meng Chuan smiled at Xu Jiu.

She still exuded confidence and composure.

After all, a 13% increase only amounts to 1300 million, which is nothing to be complacent about for Meng Chuan.

Sun Dashan also rushed over.

Seeing the fiery red line on Meng Chuan's computer screen, he staggered a few steps.

It felt as if all the strength in my body had been drained away.

"Impossible, absolutely impossible, how could I possibly lose?"

Sun Dashan shook his head, muttering to himself, his eyes filled with confusion and despair.

He then glared angrily at Meng Chuan:

"It was you, you... you deliberately set a trap, you secretly manipulated Xinhua's stock price to cheat me."