306: Chapter 305 Facing Alone
Within China, all high-tech enterprises were on high alert, and any investor who had purchased Artificial Intelligence sector stocks was trembling with fear. If this turmoil touched the Chinese stock market, no one could predict how devastating their losses would be.
Perhaps this was merely the prelude to a bubble bursting.
Some departments had even secretly made preparations; should even the slightest mishap occur, they would immediately take swift and decisive action.
And right under the gaze of countless eyes, both overt and covert—
The entire morning passed in calm and tranquility.
Chinese Artificial Intelligence stocks showed no signs of slipping; instead, they faintly rose by several points.
Other stocks were also as stable as Mount Tai, with occasional fluctuations, but no signs of a cliff-like collapse.
Everyone was completely baffled.
But even so, no one let their guard down.
A lack of reaction in the morning didn't mean anything. News takes time to travel, influence takes even longer to spread, and the market needs time to react.
Pengcheng.
As one of China's first-tier cities, Pengcheng's financial strength was beyond doubt. Almost all of China's top private technology enterprises were listed on the Pengcheng Stock Exchange.
In an inconspicuous office building outside the Pengcheng trading center.
A young man with a flat-top haircut set down his coffee. The eyes behind his glasses lifted from the tablet in front of him, the thick lenses reflecting the red and green curves.
A faint gleam flashed in his eyes. He didn't say anything, but instead looked down at the time on his watch.
Twelve thirty-five in the afternoon.
Beside him sat another young man of similar age, with a bob cut, his features slightly delicate, appearing somewhat feminine.
He looked at the tablet in front of him, muttering to himself: "This shouldn't be happening…"
He turned his head to look at young man and asked: "Chu Nan, have you looked at the data for the United States stock market over the last few days?"
The man named Chu Nan nodded slightly: "I have. Not only have I looked at the last few days, but I've also looked at their data from a month ago."
This data was all publicly available information, so it wasn't difficult to gather.
The man who had spoken earlier turned his gaze back to the tablet and scrolled through it.
"Looking at this data, Artificial Intelligence stocks have almost hit rock bottom, and the decline is very uniform. I haven't found any signs of a target company; how do they plan to operate?"
"I don't know." Chu Nan leaned back against the sofa, saying indifferently.
"Chu Nan!" young man set down the tablet with a serious expression and said: "This is our first trading job. You need to take this seriously. We absolutely cannot mess it up, otherwise, who will hire us in the future?"
Chu Nan said with some helplessness: "I know."
After all, he was the boss; listening to the boss was always the right thing to do.
"Analyze it," young man instructed. "I want to know what they are planning to do. Without a target company, how can they recover their profits?"
"It's very simple," Chu Nan said calmly. "Since there is no profit anchor, then create one."
Chu Nan pointed to the tablet in front of young man.
"I carefully examined all their data from the last month and realized that their stock market began to become unstable ten days ago. Overall, it has been divided into three major growth and decline cycles, which is very similar to what we call oscillation cycles."
"I know that." young man was clearly also a professional, saying: "I used those three oscillation cycles to determine that there were market manipulators behind this stock decline. However, according to our usual operating methods, manipulating the rise and fall requires selecting a target company, but in this set of data, I haven't seen any signs of one."
"Hmm, let me analyze it slowly." Chu Nan wasn't in a hurry. He took a sip of coffee and said: "After passing through the third oscillation cycle, their accumulation of shares was very rapid, leading to a slight warming. Then they carried out a fourth oscillation cycle, which lasted for three days, until yesterday."
"After the oscillations, their accumulation range had reached about eleven to fifteen US dollars per share, with a total investment of hundreds of millions of US dollars, and the cost had been significantly reduced."
Chu Nan frowned: "Up to this point, the funds of the manipulating institution behind this should have already been stretched thin, and they had achieved the effect they wanted, but…"
Both of them knew exactly what that "but" implied.
The behind-the-scenes manipulating institution, which had been stretched thin, suddenly launched another massive sell-off. This sell-off directly broke the psychological defenses of retail investors and some competitors, causing the entire Artificial Intelligence market to collapse instantly.
This was also the part young man didn't understand.
Given that the stocks had already fallen to this extent, how could they possibly pull them back up?
"I speculate that they must have encountered an unpredictable mishap," Chu Nan said calmly. "It could be an internal disagreement, a temporary change of plans, or perhaps they are preparing for something else."
"Combining the morning's domestic stock trends and the news from the last month, my conclusion is…"
Chu Nan paused. young man listened quietly without interrupting; he unconditionally trusted the analytical skills of the person in front of him.
"Someone is targeting a certain company within China."
"And this profit anchor is right here in China!"
At these words, young man was instantly baffled: "You mean…"
"You saw the situation this morning; I had already prepared for the worst, but it's very clear that the strange wind blowing from the United States did not affect the domestic market."
"I don't believe this is because the people from the United States, Japan, and Korea had a change of heart and decided to digest the losses themselves. I would rather believe that all large domestic technology groups and retail investors have extremely firm confidence in Artificial Intelligence stocks. They firmly believe that Artificial Intelligence stocks will never collapse and will definitely see a major surge."
"Lin Yi, there is only one company in China recently that has enough heat in Artificial Intelligence to boost the confidence of the people. Do you know which one it is?"
The man named Lin Yi showed a thoughtful expression, and finally, a look of shock appeared.
"You mean…"
"That's right," Chu Nan's voice was filled with certainty. "Frontier Technology, zero egg!"
Lin Yi gasped: "The people from the United States want to deal with Frontier Technology?!"
This was big news.
News even bigger than the Artificial Intelligence sector's decline. If this got out, who knows how many people would be shocked out of their wits.
In the dignified, number one strongest country on the Blue Planet, someone actually wants to deal with a newly established company?
It was as ridiculous as a fully armed, strong man pointing a gun at the head of a one-year-old child, wanting to have a duel.
"This is just my guess," Chu Nan said. "But it is highly likely to be accurate. Besides this, they have no way to wrap things up."
"The people from Japan and Korea probably didn't expect that they were suffering an unprovoked disaster, right?"
Lin Yi showed a hint of a smile: "In that case, our next goal is very clear. I will immediately inform President Lin and have him raise funds. This time, we must tear a piece of flesh off of Japan and Korea."
A hit, and from then on, the reputation of being a gold-medal trader would be renowned in the industry.
Lin Yi had already started fantasizing about the days of future success, reaching the pinnacle of his life.
"Hmm, that works."
This was also what Chu Nan wanted to say, so he didn't object, nodding: "We can also hold a portion of the domestic ones. Although it's at a high point now, in the near future, this should be the lowest point."
Lin Yi realized and clapped his hands: "You reminded me. We can buy a portion and sit back and wait for it to appreciate."
"Hmm." Chu Nan nodded: "Hurry up. I already bought fifty thousand shares of Zhongzhi Pengcheng Company this morning. It was very cheap."
Lin Yi widened his eyes, looking at the indifferent Chu Nan, and said in astonishment: "You bought stocks without including me? How can there be someone as shameless as you in this world?"
Chu Nan smiled slightly, unmoved.
He quickly operated the computer, only to realize that it wasn't one o'clock yet, and the stock market hadn't opened.
Leaning back against the chair with some helplessness, Lin Yi suddenly remembered something and asked: "Chu Nan, do you think Frontier Technology can survive this time?"
Chu Nan was slightly stunned, then shook his head.
"It won't survive?"
Lin Yi hesitated slightly and continued: "Can't even the domestic tech giants help?"
"Those who want to help can't, and most don't want to help."
Chu Nan sighed.
Up to now, the fact that not a single company has come out to support Frontier Technology shows the clues.
Perhaps they have received the same threats.
Or perhaps, how to use this opportunity to make a fortune is what they really want.
As for Frontier Technology?
If it dies, it dies. Who can they blame?
Lin Yi felt a bit of pity.
"So we're just going to watch Frontier Technology fall on its path of progress?"
That is The Publisher of zero egg! Such excellent technology, and soon it's going to become the United States'?
No matter how he thought about it, Lin Yi felt uneasy.
Chu Nan turned his gaze out the window and nodded slightly.
"This time, they have to face it alone."
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