Chapter 12: Hurry and Buy, You Won't Get Another Chance Once It’s Delisted

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Seeing everyone staring at him with astonished expressions, Yang Chen leaned back in his chair, propped his feet up on the table, and adopted a leisurely posture. He asked, “Why are you all looking at me like that? Are the two stocks I picked no good? They’re both priced at just 80 cents. The market performed so well today, and yet these two still dropped by 20%. What does that tell you?”

Everyone looked at Yang Chen expectantly but shook their heads, signaling they didn’t understand.

Yang Chen continued, “It means there’s huge potential for growth. If these stocks hit the daily limit up, that’s a 40% profit in one day. And if they eventually climb to 8 dollars, that’s a tenfold gain.”

The expressions on everyone’s faces were indescribable; however, one thing was clear—if Yang Chen weren’t the chairman, they would have called him an idiot.

The employees exchanged glances, signaling Manager Chen Chao to quickly persuade Yang Chen.

Chen Chao was fearful but mustered his courage and said, “Chairman Yang, these two stocks carry a risk of delisting, which is why they have been hitting the daily limit down. If we invest 100 million yuan in them, we might not be able to get out. This 100 million isn’t just the hope of Sihai Investment and Wealth Management; it’s also the hope of Sihai Group. Every department is watching how you handle this—we can’t afford any mistakes. How about we analyze carefully and choose better, more stable stocks?”

Yang Chen immediately slammed the table and pointed at Chen Chao. “Why didn’t you say that earlier? Hurry up, hurry! Buy now, buy now! Once delisted, you won’t be able to buy them anymore.”

In that brief moment, the room’s atmosphere shifted from tense to relaxed and back to even more tense. Those with weak hearts felt as if Yang Chen was about to give them a heart attack.

Everyone in the room held advanced degrees in finance or investment, and at worst were top-tier undergraduates from prestigious universities. Yet, none had ever heard such a bombshell statement—that once a stock is delisted, you can’t buy it anymore.

Chen Chao quickly warned, “Chairman Yang, once a stock is delisted, it becomes very difficult to sell. In our current situation, if we buy a delisted stock, it’s over for us.”

Yang Chen replied, “It’s not easy to get listed in the first place, so how could they be delisted so easily? Don’t curse these listed companies. Trust me and buy Longguo New Coal and Huashen Coal Mine. With such formidable names, how could they possibly be delisted so quickly?”

Seeing Yang Chen’s firm resolve, Chen Chao didn’t press further. As he turned to give the order to buy these two stocks, five investment advisors couldn’t hold back.

“Wait!”

The voice was Zhao Jing, an investment advisor from the Industrial and Commercial Bank.

Zhao Jing opened the K-line chart for Longguo New Coal and began her analysis for Yang Chen.

“Chairman Yang, look, the KDJ indicator is showing a death cross, and the MACD is also showing a death cross…”

As expected from a professional, she spoke expertly, though Yang Chen was completely bewildered.

After the detailed technical analysis, Zhao Jing looked at Yang Chen earnestly and said, “So, Chairman Yang, do you now know how to choose?”

Yang Chen nodded. “Manager Zhao, you’re too professional. I didn’t understand a word you said. So I can’t take your advice; I’d rather not be misled.”

Zhao Jing was speechless.

Bai Zhi, an investment advisor from the Commercial Bank, said, “Chairman Yang, let’s not talk about technical indicators. Let’s analyze from the industry perspective. Both companies are in coal mining, which is a declining industry. The country is vigorously developing new and clean energy, so the future for coal companies looks bleak. Both companies have suffered continuous losses, and the market is voting with its feet, pushing them toward delisting. When investing in stocks, we must choose companies with promising industries and strong profitability—that’s a basic principle. Do you understand?”

Yang Chen clapped his hands. “Manager Bai is absolutely right. Precisely because these two companies are in a declining industry and lack profitability, that’s why I want to buy.”

“Why?” the five advisors asked in unison.

It was clear that their professional knowledge made Yang Chen’s thinking hard to grasp.

Yang Chen smiled and explained, “That, I can’t disclose. In any case, I’m the one making the final decision. I appreciate all your good intentions, but I insist on my choice. I will split the 100 million yuan evenly to buy stocks in these two companies. Buy immediately—don’t delay my profit.”

Chen Chao nodded and immediately led the traders to buy these two stocks at the daily limit down.

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Gao Ya, an investment advisor from the Construction Bank, spoke earnestly, “Mr. Yang, several banks took great risks to approve this 100 million loan for you. You can’t treat it so lightly.”

Huang Wei, an investment advisor from Jiangfa Bank, quickly added, “Exactly! This is everyone’s support and expectation for you. You must cherish this unique opportunity. If you just throw this 100 million into the water and don’t even make a splash, who will you answer to?”

Yang Chen tapped the table, his expression serious. “I respect all of you, and I ask you to respect me as well. You’re just investment advisors—why speak to me in such a scolding tone? The presidents of your banks have to be polite and deferential when they meet me. I’ve told your bank presidents that I can refer to your opinions, but ultimately, I make the decisions myself. Didn’t they tell you that?”

The five advisors were both angry and felt helpless, as if they were dealing with someone stubborn beyond saving.

Seeing they couldn’t stop Yang Chen, they hurried to make phone calls to report to their bank presidents.

Because these two stocks were at their daily limit down and there were several hundred million shares on the sell orders, the traders quickly spent all 100 million yuan.

Chen Chao reported, “Chairman Yang, all shares have been purchased. We bought a total of 60.3 million shares of Longguo New Coal at an average price of 0.829 yuan, and 60.05 million shares of Huashen Coal Mine at an average price of 0.833 yuan.”

Yang Chen nodded with satisfaction and praised, “Well done! That’s it for today—work is over.”

The entire room was silent.

It was not even ten o’clock yet—already done for the day?

Chen Chao looked puzzled and asked, “Chairman Yang, are you done for the day, or are we?”

“Do you have anything more to do?” Yang Chen asked.

Chen Chao shook his head. “The investment and wealth management department’s business has stopped. We have nothing to do.”

“That settles it. If there’s nothing to do, then knock off early—no need to put on a show. Let’s go, let’s go,” Yang Chen said with a smile.

Everyone immediately burst into laughter.

“Thank you, Chairman Yang.”

“Long live Chairman Yang! We hope you’ll always be our boss.”

“Haha…”

…

Meanwhile, outside in the corridor.

Zhao Jing was on the phone with Li Jun, president of the Industrial and Commercial Bank.

“We tried everything to persuade him, but he insisted on buying those two stocks that are definitely going to be delisted. President Li, I suspect he’s given up and is dragging us all down with him,” Zhao Jing said angrily.

“Ugh… We thought he really wanted to save Sihai Group, but it turns out he’s just trying to take others down with him before he goes under. If headquarters finds out, I’ll definitely be punished. Ugh, the municipal government has really doomed me,” Li Jun said nervously.

Nearby, Bai Zhi was also reporting the situation to Chen Tao, president of the Commercial Bank.

“We analyzed from the professional and industry perspectives, but he stubbornly refused to accept our advice. He threw the 100 million away in the blink of an eye without any results. President Chen, we did our best.”

Chen Tao said anxiously, “How could this happen? He asked for the money himself—I thought he really had the ability to make money. This is bad, I have to call the municipal government and report to headquarters; otherwise, I’m the one who’ll suffer.”

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Chen Lan, Gao Ya, and Huang Wei also reported to their respective bank presidents about Yang Chen’s reckless purchase of delisted stocks with 100 million yuan.

At this moment, Vice Mayor Wang Wenkang was chatting with Sun Liansheng, the young master of Changhui Group, when Li Jun called him.

“Hello, Mayor Wang, we’re in big trouble. Yang Chen took the entire 100 million and bought delisted stocks!” Li Jun said excitedly.

Wang Wenkang was shocked. “What? Bought delisted stocks? Didn’t you send investment advisors to help him? How could he still buy delisted stocks?”

Li Jun sighed. “The investment advisors analyzed those two stocks from professional and industry angles, but he insisted on buying them. We promised to let him make the final decision, and the advisors were helpless. Sigh… this kid really screwed us over. If headquarters finds out I approved this loan again, I’m done as president.”

Just as Wang Wenkang was about to speak, Chen Tao called.

Wang Wenkang kept Li Jun on the line and answered Chen Tao’s call.

“Hello, Mayor Wang, we’re doomed! Yang Chen dragged us all down. He took the 100 million loan we risked so much to provide and bought delisted stocks. What do we do now? Mayor Wang, you have to help me, or headquarters won’t go easy on me,” Chen Tao said anxiously.

Wang Wenkang quickly replied, “Alright, calm down. I’ll call Yang Chen right now and find out what’s going on.”

After hanging up, Wang Wenkang sighed deeply. “This is a major problem…”

Sun Liansheng hurriedly asked, “What happened? Can I help?”

Wang Wenkang sighed again. “Yang Chen said he wanted to try leading Sihai Group out of its difficulties, so we gathered 100 million yuan as start-up capital. But he used that money to buy delisted stocks. Isn’t that just trying to kill us all?”

Sun Liansheng immediately said excitedly, “See? See? I told you he’s useless. He just wants to use the 3 trillion yuan debt to threaten you to treat him well. Once he’s had his fill, he’ll drag you all down with him. What are you waiting for? Call the police and have him arrested!”

Wang Wenkang gritted his teeth and immediately called Yang Chen.

“Hello, Yang Chen, come to the municipal government. There’s something very important to discuss,” Wang Wenkang said.

Yang Chen replied, “I’m off work and heading home. If it’s something urgent, please try to say it over the phone.”

Wang Wenkang was furious. “How can you do this to us? Be honest with yourself—haven’t we treated you well enough? How can you drag us down like this?”

“Mayor Wang, what are you talking about?” Yang Chen asked.

“We, the municipal government, vouched for those banks to take the risk of pooling 100 million yuan for you. We didn’t expect you to be able to save Sihai Group, but we never imagined you’d throw that money away on delisted stocks! I respect you and allow you to make decisions, but you can’t just ignore the sincere advice of five investment advisors,” Wang Wenkang said, his voice almost breaking with emotion.

“Oh, that! Rest assured, I cherish this opportunity even more than you do. How could I really throw 100 million yuan into the water? If knowing the professional knowledge was enough to make money on the A-share market, everyone would be a billionaire. Stock trading in our market is called ‘speculating’—the key word is ‘speculating.’ If you don’t understand my strategy, you don’t have to comment. Just wait quietly for the results. Look at you, scared to tears over a mere 100 million when I’ve carried a 3 trillion burden on my back. How can you follow me in doing great things in the future? Enough crying—wait a few days and see the results,” Yang Chen comforted him.

At that moment, Sun Liansheng’s voice came through the phone.

“Yang Chen, can you stop bragging? If you want to die, do it far away and don’t drag others down. Come to Mayor Wang now. We need to settle our differences today!”

Yang Chen smiled. “Mr. Sun really went to complain, huh? Haha… alright, wait for me—I’m coming.”

Sun Liansheng instantly lost his composure. He shouted loudly into Wang Wenkang’s phone, “Damn it! I’m your father, I’m your father! Hurry up and come, let’s see if I dare to take you on!”