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I Treat You as My Sister, But You Want to be My Wife?!-Chapter 59 - Treat Him Like a Brother_1
59: Chapter 59: Treat Him Like a Brother_1
59 -59: Treat Him Like a Brother_1
“It was from analysis,” Shen Dong said calmly, “Since technology stocks have been quite active recently, I researched a few leading stocks in the tech sector, and Yaolai Technology is one of them.”
“It’s only upon a deeper investigation that I found out Yaolai Technology isn’t as simple as it seems on the surface.”
“Every time the company faces an operational crisis, they announce that they have developed a new technology, which will be used in their products.”
“Each time they do this, the stock price of Yaolai Technology experiences a surge.”
“In reality, the so-called new technology that Yaolai Technology announces each time is nothing special.”
“It’s just a slight modification of existing technology with a bit of added functionality, and then they rebrand it as new technology.”
“Such a company is very likely to run into trouble.”
Shen Dong shared his thoughts, which were indeed the result of his skills as an investment master.
“Shen Dong, you said that every time Yaolai Technology announces new technology, there will be a huge surge, but even if something goes wrong, it might not happen this time, right?” Wan Pengfei harbored a bit of wishful thinking.
“What I just said is my personal opinion.
As a friend, I feel it’s my duty to give you a heads up.
As for what to do, it’s still up to you to decide.
Maybe you’ll make money after buying, but I wouldn’t touch such stock,” Shen Dong said with a smile.
Hearing this made Zhou Chengyu and the others even more hesitant.
“Shen Dong, I’ll consider it carefully,” Zhou Chengyu said thoughtfully.
If Zhou Chengyu didn’t know that Shen Dong was a futures trading expert who had made tens of millions in the futures market, he might not have taken Shen Dong’s words seriously.
But since Shen Dong is an expert, he couldn’t ignore Shen Dong’s advice.
He turned to Li Kaiyao and Wan Pengfei and said, “Mr.
Li, Mr.
Wan, I originally thought this was a sure-win opportunity, but after hearing Shen Dong, I can’t guarantee that anymore.
You need to think it over carefully.”
He was responsible for bringing the news, so he had to take responsibility.
“Mr.
Zhou, I will consider it carefully,” Wan Pengfei said earnestly with a nod.
Originally, he had decided to buy immediately after hearing Zhou Chengyu’s words.
But now, after hearing Shen Dong’s words, he really needed to think it over carefully.
Li Kaiyao was already decided in his heart; he trusted Shen Dong and wouldn’t buy.
He had the most interactions with Shen Dong and knew him best.
Shen Dong wouldn’t speak without basis.
Perhaps Yaolai Technology might indeed run into trouble this time.
Such an uncertain opportunity wasn’t worth the risk.
After all, it wasn’t a big deal not to make this money; he wasn’t in need of it.
There was no need to be constantly worried just to make this money.
With this thought, Li Kaiyao simply stated his position outright, “Since Shen Dong says it’s best not to buy such stocks, I’ve decided not to buy and not to make this money.”
The dinner went on until nine o’clock.
Leaving the restaurant, everyone went their separate ways.
…
Zhou Chengyu returned home to find his father still awake, watching financial news on TV in the living room.
“Dad, I have something to tell you.” Zhou Chengyu sat down next to his father and picked up the remote control from in front of his father, lowering the volume of the TV set.
“What is it?” Zhou Chengyu’s father, named Zhou Ding, had a face full of authority.
“It’s about Yaolai Technology…” Zhou Chengyu relayed Shen Dong’s analysis and judgment.
After listening, Zhou Ding fell into deep thought.
It took a while before Zhou Ding finally spoke with a smile, “The young people of today are really something, being able to analyze things like this and also restrain their own greed.
As I recall, you told me that Shen Dong has just graduated from college, right?”
According to Shen Dong’s analysis, Yaolai Technology’s new technology wasn’t really all it was cracked up to be.
Being able to analyze this from public market information is truly remarkable.
Zhou Ding is a big shot, and he knows some inside information.
Yaolai Technology seems to actually be like that.
However, every time Yaolai Technology announces a new technology, their stock surges, but it’s possible that problems could arise, though not certain.
For Shen Dong to resist the temptation is truly no easy feat.
Zhou Chengyu nodded and said, “Yes, Dad.”
Zhou Ding laughed and said, “I must meet this Shen Dong sometime.
He’s an outstanding young man.
You must become friends with him, treat him sincerely as a friend, as a brother.”
Zhou Chengyu nodded and said, “Dad, I understand.
I had dinner with him today and that’s exactly what I told him, that I regard him as a brother.”
Zhou Ding nodded and said, “Good.”
Zhou Chengyu asked, “Dad, you still haven’t told me your decision.
Are we going to buy stock in Yaolai Technology or not?”
Zhou Ding shook his head and said, “Shen Dong is right.
Investing in this kind of stock is very risky.
Although Yaolai Technology has announced new technologies many times in the past without issues, when it comes to financial market investments, we must be wary of such possibilities and can’t afford to take any chances.”
Chengyu nodded and said, “Dad, I understand.”
…
Shen Dong went to his father-in-law’s restaurant and picked up Chen Yuyan to go home.
On the way, Chen Yuyan said, “Husband, Uncle came to the restaurant for dinner tonight and had drinks with my dad.”
Shen Dong asked, “Was Uncle celebrating something good?”
Chen Yuyan shook her head and said, “No, it’s something bad.”
Shen Dong asked, “What’s the bad news?”
Then, Chen Yuyan explained Uncle’s situation.
Uncle, Chen Yuanfu, is a vice president at Anmei Insurance Company.
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Recently, the board had given him a task to secure the insurance business of the Ao City Chamber of Commerce.
The Ao City Chamber of Commerce has over twenty members, which are companies established in Hai City by entrepreneurs from Ao City.
These companies, every year, would collectively purchase employee and enterprise property insurance through the Chamber of Commerce from a certain insurance company.
Up until now, the Ao City Chamber of Commerce has always purchased insurance from a certain large state-owned insurance company.
Lately, the Chamber of Commerce has had some disagreements with the state-owned insurance company and has decided not to purchase future insurances from them.
Upon hearing this news, major insurance companies became eager to snap up this business.
This is a business worth over a hundred million, and it’s a huge deal for any insurance company involved.
For Chen Yuanfu, the vice president in charge of business, securing this deal would lead to a promotion to general manager.
If he can’t secure it, not only will he miss out on becoming the general manager, he might even lose his position as vice president.
Chen Yuanfu didn’t really care about becoming the general manager.
What mattered was that even his position as vice president was at stake, which was something he found hard to accept.
During this time, he tried many methods and made a lot of effort, yet he still couldn’t close the deal.
It could be said that he was completely out of ideas now.
Tonight, Chen Yuanfu came to drink his sorrows away with Chen Yuyan’s father, Chen Yuanxiang.
“I see,” Shen Dong said after listening.
He also wanted to help Chen Yuanfu, but his ability was limited, and even if he wanted to help, he couldn’t.
This Ao City Chamber of Commerce, he didn’t know anyone there at all.
He couldn’t just throw money at the problem; the people in this Chamber had plenty of money, and his wouldn’t even count for much.