Chapter 1296: Chapter 1269: Slapping the Reborn Stallion Male 32
There are truly plenty of wealthy people in Hai City.
This area opened up early, with many people running factories and doing business. Especially in recent years, Hai City has developed rapidly, producing a large batch of tycoons and nouveaux riches.
And naturally, such people are plentiful in the stock market.
After arriving in Hai City and checking into a hotel, Xiao Yuan squatted in the trading hall, buying and selling, never losing money. Each time, he could make a profit, which piqued the curiosity of several big players.
Soon after, several big players started eyeing Xiao Yuan, scrutinizing whether he truly was invincible.
Over the next half month, these people witnessed what it means to make a daily fortune.
Xiao Yuan didnât bring a lot of funds, but he was making money every day. Using financial leverage to expand his trading capital, he soon had quite a bit of money on hand.
And those big players felt they had found talent. On that day, after Xiao Yuan completed his transactions and was about to leave, someone stopped him.
The person stopping him was a plump middle-aged man wearing a gold chain.
He smiled and greeted Xiao Yuan: "Mr. Xiao, youâre heading home?"
Xiao Yuan halted: "You recognize me?"
The pudgy man smiled: "Mr. Xiao has been invincible lately. Itâs not only I, Chen, who noticed you. Quite a few people have been looking into your background."
Xiao Yuan also smiled: "Letâs talk in private."
The two of them found a tea room to sit and chat.
The pudgy man reached out his hand: "My humble surname is Chen. Ear, east, Chen. The name is Chen Zhou."
Xiao Yuan reached out and shook hands with Chen: "Xiao Yuan."
"Yes, yes, we know."
Chen chuckled: "Iâve observed Mr. Xiaoâs understanding of the stock market and I want to invite Mr. Xiao to help me with some investments. I donât know if Mr. Xiao is willing, but of course, I wonât let Mr. Xiao work for free. If thereâs a loss, itâs mine; if we profit, Iâll share it with you."
Xiao Yuan pondered: "Brother Chen trusts me, so naturally I wouldnât refuse. However, I only want to make quick money and havenât thought about staying long."
Chen quickly said: "Hai City is so good, hasnât Mr. Xiao thought about developing here? With your capabilities, you could soon be buying buildings and cars."
Xiao Yuan was a bit tempted and thought for a while: "Honestly, Iâm not confident about always making money. Letâs do it this way: you start by investing a little, weâll test the waters. If we profit, then gradually increase the investment, how does that sound?"
Chen also felt Xiao Yuanâs approach was prudent, so he promptly agreed.
The next day, Xiao Yuan began leading Chen in trading stocks, making money continuously for almost a month. Xiao Yuan truly made Chen a lot of money, which made him very happy.
Of course, Chen isnât stingy. He shared profits with Xiao Yuan after making money.
Because Chenâs funds were ample, the profits Xiao Yuan made with them were even larger than what he made with his own money.
Just when Chen wanted Xiao Yuan to help him make another big profit, several more big players came looking for Xiao Yuan.
These people were richer than Chen, but calmly waited. They knew Chen had found Xiao Yuan and wanted to first observe a bit.
Now that theyâve observed well, naturally, they were eager to invite Xiao Yuan to help them make money too.
Chen was not happy with this.
He thought those people were undermining him.
But Xiao Yuan wasnât concerned. He persuaded Chen and invited those people to dinner, convincing them to join forces to make money.
In this way, Xiao Yuanâs funds became even more abundant, allowing him to freely strategize his moves.
Of course, Xiao Yuan didnât operate domestically this time. He took those big players, each bringing huge amounts of money, to venture abroad.
Xiao Yuan took them for about twenty days, visiting three countries. During these twenty days, Xiao Yuan stayed in the stock market, becoming utterly exhausted, but of course, the harvest was very pleasing.
He used these big playersâ funds to make a fortune.
More importantly than the money made was the connections he established with many tycoons from Hai City.
During these twenty days, he led these tycoons to buy stocks and futures in the international financial market, earning them huge profits.
When they returned, these tycoons were going crazy with the profits. They offered large investments, wanting Xiao Yuan to continue helping them trade.
But as the year was ending, Xiao Yuan decided not to stay in Hai City.
He needed to make a trip home and wanted to go back to research a bit with Anning about Yi Qihangâs tricky business.
Having achieved his goals in Hai City, he didnât stay longer. After promising the tycoons heâd return next spring to help them make money again, he left under their reluctant gazes.
As Xiao Yuan was busy rallying funds and building connections in Hai City, he didnât neglect his work in the Capital.
Before leaving, Xiao Yuan already laid instructions. Moreover, with Anning overseeing in the Capital, they truly dug quite a pit for Yi Qihang, keeping his attention focused there, unaware of Xiao Yuanâs maneuvering in Hai City.
Speaking of which, Yi Qihang had Chen Lin open a renovation company opposite Xiao Yuanâs renovation firm, aiming to undercut prices and steal Xiao Yuanâs clients.
Xiao Yuan could actually wage a price war with Yi Qihang.
But who is Xiao Yuan? Would he play cars openly with a fool, willing to suffer and fight endlessly over prices?
He wasnât dumb.
Since Yi Qihang was willing to take this loss, Xiao Yuan let him lose thoroughly.
Yi Qihangâs renovation company opened and began poaching Xiao Yuanâs clients.
The prices they offered were lower than those of Xiao Yuan Company. These clients were tempted, and seeing Yiqihang Companyâs design seemed quite good, they were considering settling.
At this point, Xiao Yuanâs hired business reps sprang into action.
They met with clients, negotiating to further reduce prices, on the condition that clients use their companyâs furniture.
They also took clients to suburban factories to see furniture production and the finished products.
Honestly, these furniture pieces were stylish, cost-effective, and well-made.
Anyway, the clients were especially satisfied at first sight.
After inquiring about the market prices for similar furniture, they felt Xiao Yuan Companyâs offers were fair and agreed to proceed.
When contracts were signed, Xiao Yuan Companyâs sales reps teamed up with clients to put on a show.
Clients approached Yiqihang Company, directly saying the rival company was also giving them discounts.
Then, Xiao Yuanâs reps came over, agreeing in front of Yiqihang Company staff to further reduce prices.
Yiqihang Company staff became anxious.
They kept pushing prices lower and lower until they were nearly bleeding before clients decided to hire them for renovations.
After clients made decisions, Xiao Yuanâs reps continued acting, pretending to be angry and criticizing Yiqihangâs side for market sabotage, saying their strategy wasnât sustainable, releasing their distressed anger.
Yi Qihang felt very pleased after hearing Chen Linâs report, thinking his strategies worked well. He ordered Chen Lin to ensure no clients were lost to Xiao Yuan.
Chen Lin followed instructions strictly.
The result was, over this month and a half, nearly two months, Yi Qihang lost quite a bit of money.
While Xiao Yuanâs side seemed businessless on the surface, facing hardships, the suburban furniture factory had continuous customer flow.
These customers were poached from Yi Qihangâs side.
They joined forces to act with clients, squeezing prices, using the discounts to promote their furniture, which resulted in a win-win situation with clients, while the only loser was Yi Qihang.
But Yi Qihang was blissfully ignorant like a fool.
Not only was he unaware that he was sending clients to Xiao Yuan, but he smugly thought Xiao Yuan wouldnât last long.