Reborn with Consumption System-Chapter 462 - 219: Living in Vain for 29 Years!_2

The current floating shares were already few. After deducting the roughly 36% held by controlling shareholders and a small portion owned by public funds and institutions, only just over 50% remained.

Then there was Lao Xu, holding a significant portion that he wouldn’t be releasing anytime soon.

As a result, Han Lie’s aggressive market entry directly fueled a surge in market sentiment. Those who hadn’t followed suit the previous day were eager to try their luck today, and Lao Xu casually pushed the stock price to its daily limit.

In fact, Lao Xu hadn’t even sealed it himself; he merely initiated it. He placed orders for a few thousand shares to cap the price, and tens of thousands more immediately followed.

By the time he withdrew his capping orders, the actual transaction volume was less than a thousand shares.

Key takeaway: The tactic of placing and then withdrawing large orders to influence the price limit would not be permissible in later years, but it was still common practice at this time.

Before 10:00 a.m., Jiao Fangyan had already finished work for the day.

After leaving the trading room, she sidled up to Han Lie, eager for a chat.

"How did you and Boss Xu come to an agreement?"

"Mind your words!"

Han Lie criticized her with an air of stern righteousness. "What do you mean, ’come to an agreement’? I didn’t promise him anything! We’re simply capitalizing on our insight to pick a late-blooming leader. What does that have to do with anyone else?"

"Right, right, right! You’re the most amazing!"

To learn the tricks of the trade, Jiao Fangyan swallowed her pride, shamelessly fawning over Han Lie despite her usually dignified, matronly demeanor.

Her attempts were so clumsy and inarticulate that it was rather amusing.

"Even the major players who got in early are powerless against you. I’m utterly shocked, thoroughly amazed, completely convinced, and I deeply admire you... Please, could you share some of your wisdom with me?"

Brother Lie, thoroughly pleased with himself, jiggled his leg as he waited for her to finish her praise before glancing at her with feigned discontent.

"Is that all you’ve got?"

Jiao Fangyan was so annoyed her white blouse strained with her indignant breaths, the buttons threatening to pop.

Damn it! I’ve never even flattered a boyfriend this hard!

This young matron possessed a considerable bust and exuded a thoroughly ripe charm. Unfortunately, her overly intellectual temperament always left Han Lie feeling like something was missing.

It wasn’t until she began to glare at Han Lie with a bellyful of resentment, her eyes filled with a mixture of indignation, speechlessness, and exasperation, that she finally struck the right chord with him.

"Ah! Yes! That’s the look! Hold it right there!"

Han Lie was truly being a rascal. He teased and provoked her until she was thoroughly uncomfortable and on the verge of erupting, only then, ever so slowly, did he deign to put her at ease by explaining.

"Lao Xu is an extremely clever trader. You might think he’s not particularly adept at dealing with people, but in reality, he sees clearly what everyone wants.

"What’s at the core of the limit-up trading strategy?

"It’s a profound grasp of the market and human nature. Without that, how could he always be the one making money, crashing the market, and trapping others?

"So, in truth, we didn’t discuss Wei Hua shares much—just two or three sentences exchanged.

"He confirmed that I understood his intentions, and I confirmed that he wouldn’t make any major moves against me. Thus, a tacit understanding naturally formed between us." 𝓯𝓻𝓮𝙚𝙬𝓮𝙗𝒏𝙤𝒗𝙚𝙡.𝒄𝒐𝓶

"Wait, wait..."

Jiao Fangyan, who had been listening intently, suddenly cut in.

She rubbed her forehead, struggling to process it all. Then, she hesitantly asked, "I don’t get it. How did you each confirm the other’s bottom line? And since it was your first meeting, where did the trust come from?"

Understanding such things really depends on innate talent.

Some people can drift through their careers until they’re forty and still not grasp these kinds of intricacies.

Others might work as a secretary for only two years and yet clearly decipher all the unspoken cues between people.

Jiao Fangyan was a formidable trader, but she seriously lacked talent in this particular area.

Nevertheless, Han Lie still intended to mentor her. The conditions they’d agreed upon were one aspect, but cultivating a reliable subordinate was also a reason.

So, President Han patiently broke it down for her, spoon-feeding her the explanation.

"It was easy for Lao Xu to figure out my bottom line.

"His ability to find Zhao Zhongshi’s number meant he had already contacted one of our shareholders.

"Don’t underestimate his connections and influence in Magic Capital.

"Just by asking around, he would have learned that we’re a new company—a temporary, incorporated private fund focused solely on profit, not looking to deeply offend any industry giants.

"Therefore, our existence is no different from that of other hot money.

"Throughout the entire price surge, it wouldn’t just be retail investors involved; many professional speculators would also enter the market, helping him drive the stock price higher.

"A short-term market maker pushing a stock from 10 yuan to 30 yuan, generating 20 yuan in profit per share, can earn 8 yuan at most themselves.

"The remaining 12 yuan are distributed among retail investors and other hot money.

"No market maker can pocket every single yuan of profit from their operations. It’s perfectly normal for various parties to contribute to the push and share in the profits; that alone wouldn’t warrant a special meeting.

"He contacted us specifically because we bought too large a stake.

"To him, that was a potential threat; to us, buying so much was a risk.

"So, we were in a situation of mutual need and mutual wariness.

"He couldn’t let us hold our shares past the 22 yuan mark. If we were to dump a large volume while they were trying to offload their shares, it could easily bury them.

"Similarly, we didn’t want the profits beyond 22 yuan; it was too risky and would attract too much animosity.

"That’s the ’mutual wariness’ aspect.

"At the same time, he hoped we would exit smoothly around the 20 yuan mark, distributing our shares to the retail investors and smaller funds ready to buy in, thereby raising the average holding cost for these new buyers.

"That way, when the stock price consolidated around the 20 yuan level, fewer people would be inclined to sell and crash the price.

"And only with Lao Xu’s cooperation could we smoothly and steadily liquidate our holdings around 20 yuan, securing the maximum possible profit."