Chapter 228 Ti to Cultivate
Given the fluctuations in the stock market, Feng Jun felt that it was necessary to open a position in another stock.
With his foreknowledge ability in hand, there really was no need to be too concerned about related fluctuations. After all, he could run a bit faster than others, and just that little advantage gave him more than enough qualification to call the wind and summon the rain in the stock market.
However, how should it be put? Earning money on the down-low was the real king’s way. Wasn’t it much better to make a considerable profit without anyone noticing? It also spared him a lot of unnecessary trouble.
What was slightly regrettable was that his current advantage was mostly in T 0 trading.
If he wanted to make money from other stocks, he would need to build his position before he could profit from them.
However, there was a question he needed to consider before that: should he continue making money in the stock market, or should he go to the mobile space to cultivate?
This ti, he had stayed quite long, having already planned to enter that dinsion for developnt before New Year’s Day at any cost. But, as ill luck would have it, he encountered a good view outside of Jubaozhai.
Only then did he rember that he had already scheduled to make so attempts in the stock market.
After all, ti flew too swiftly, and his foundation was too weak. The perfection of many matters required ti.
Strictly speaking, temporarily not going to the mobile dinsion did not result in any substantial loss—the other side didn’t run on a clock.
But he had already planned to find Immortal Cultivation Techniques as soon as possible, and try to bring them ho before the Chinese New Year to give his parents an unexpected surprise.
That was just a personal wish, with no roadmap or ti constraints, but living in the world, it’s always good to have so goals, right? If you’re not anxious about anything and just drift along, a lifeti is far too short.
After so thought, Feng Jun decided to stick to his original plan and continue his cultivation in the mobile dinsion.
But before that, he planned to buy another stock. He had already built his position in the Magic Capital Stock Market with securities valued at eight hundred thousand. So, it was ti to build a position worth a few hundred thousand in the Roc City Stock Market.
By doing so, he would have market value in two stock markets. Next to trading stocks, he could also participate in initial public offerings (IPOs).
For many people, the chances of winning an IPO were incredibly low, and so had even given up on the IPO lottery because of the hassle of applying—you need to hold a certain position to be eligible to apply for new shares.
Maintaining long-term positions, statistically, there was a significant risk of loss.
But Feng Jun didn’t care, and he wasn’t bothered about the small amount of money made from IPOs.
Strictly speaking, once you hit a new stock, it was actually very profitable. But it depended on who you compared it with. With the ability to foresee half an hour into the future, making money in the stock market was genuinely not that hard for him.
How much could you earn from one new share allotnt? On average, no more than ten or twenty thousand. Mr. Feng could make much more than that just by doing T 0 trading, without relying on luck.
But essentially, Feng Jun was the kind of guy who wouldn’t let any amount of money slip by.
He wasn’t stingy. He could offer a fifty thousand monthly salary to his forr junior high school squad leader. But regarding the IPO lottery, which might only be successful once every few months for a few thousand yuan, he also refused to give up.
He who does not take the gifts bestowed by Heaven will eventually face its retribution. Having the opportunity to participate in IPOs and not doing so was a cri in itself.
Then he was faced with another question—should he open a margin trading account?
Margin trading consists of margin financing and short selling. Margin financing is leveraging, which is easy to understand; short selling ans selling before buying, which, with his half-hour foresight, could also be profitable and seed like a decent option.
In the end, though, Feng Jun decided against opening a margin account. Even with the ability to predict, as long as he didn’t shoot himself in the foot, it was absolutely impossible for him to lose money. But essentially, he had a strong sense of risk control.
Short selling was one thing, but margin financing was another—leverage. How many people had gone bankrupt during the previous stock market crash because they used leverage?
While Feng knew he couldn’t lose, he didn’t want to cultivate that kind of ntality—once you start on many things, it’s hard to control the ballooning desire.
Alright… these were all sowhat far-fetched reasons. To put it plainly, once he opened a margin account, not only would his opportunities to make money increase, but the chances of exposure would also increase significantly.
If such operations did not quickly draw the attention of the relevant parties, then there would be no need to keep the Huaxia stock market going—it would’ve already been crippled by international financial masters.
So Feng Jun thought it was better not to touch margin trading. Earn what should be earned—like hitting the new stock lottery—and honestly give up on what shouldn’t be.
Just as he decided to buy into the new stock the next day before going to the mobile dinsion to cultivate, he received a call from Zhang Weihong; she wanted to invite him for afternoon tea.
For Sister Hong, Feng Jun was sowhat unable to muster any criticism. If one discounted the romantic elent, their partnership worked quite seamlessly, with one party fully delegating authority while the other devoted themselves to business operations.
However, if personal relationships were taken into account, things beca delicately complex between them. There was that one intimate night they shared, and thereafter, a period when they barely communicated.
Sister Hong was already aware that he planned to scale back the jade business next year—at least, that’s what they both claid in public statents. Feng Jun had no shortage of jade materials on hand, but he didn’t want to continue selling them off so carelessly.
After he announced this decision, Zhang Weihong had been quite curious about what business ventures Feng Jun would undertake next.
It had to be admitted that her understanding of Feng Jun was rather accurate. She knew he wasn’t stingy, that he spent generously, but deep down, he was a man who valued security—in fact, he was quite greedy.
If he hadn’t developed new sources of inco, he likely wouldn’t have been in a rush to downsize the jade sales operation.
Sister Hong even speculated whether his next move might be to get into the fitness industry since he had already helped two people lose weight and was now teaching Wang Haifeng and Xu Leigang cultivation techniques.
Unfortunately for her, no matter how she tried to indirectly probe, Feng Jun simply wouldn’t discuss his next steps with her.
Actually… how should one put it? Feng Jun did have plans to keep her guessing; after all, she always kept him in suspense. But more seriously, he hadn’t quite decided on his next move. He felt there was a lot he could do, but it wasn’t the right ti to launch anything.
Today, Sister Hong had invited him out, and Feng Jun gladly accepted, even bringing Li Xiaobin along.
His personal assistant had recently been learning to drive, and Xu Leigang had already told her that the key was to master the practical operation. “As long as you can ensure there’s no issue when you’re on the road, leave the exam and other such matters to ,” he said.
Thus, Feng Jun took her along on the trip, partly to broaden her horizons, and of course, partly to show Sister Hong as well.
Both of them arrived at the café for afternoon tea, and after taking their seats, they found out that Sister Hong hadn’t co alone. Along with Zhang Caixin, there was also Sister Shen, who was vying for the jade agency.
This made for an awkward dynamic, with four won and only one man, Feng Jun, at the table.
But Sister Hong didn’t seem uncomfortable at all. She even greeted Li Xiaobin warmly, “I heard you moved to Peach Blossom Valley? You didn’t invite to your housewarming—do you feel uncomfortable around ?”
Squad Leader Li was normally soone who didn’t like being outdone, but when facing Sister Hong, she was entirely at a disadvantage. Sister Hong’s appearance, figure, wealth, and social status all eclipsed her in every way.
The only thing Li could be proud of was her youth, yet Sister Hong was at the age where won are most charming, a mature allure that a woman in her twenties like Li couldn’t possess.
So all Li could do was force a smile and say, “I moved there just to serve the boss better.”
Had it been anyone else speaking, Sister Hong might have taken issue, questioning how exactly they planned to “serve” Feng Jun. But she didn’t really see this woman as competition in her heart.
Thus, she paid no mind to Li Xiaobin’s response. She motioned for Feng Jun to sit down, and knowing his preferences, ordered him a pot of Bi Luo Chun tea before starting on the topic of the day—Jubaozhai was struggling to keep afloat.
After the accident that day, a careful tally revealed that Jubaozhai had suffered an economic loss of over thirty-eight million yuan. The insurance company might cover less than twenty million of that, leaving the remaining twenty million for Jubaozhai to shoulder.
Normally, twenty million yuan wouldn’t be enough to cripple Jubaozhai, but that was just the direct financial damage. When it ca to indirect losses, there was no end in sight.
Just consider the impact of the incident: even if Jubaozhai spent another twenty million, they couldn’t fully recover from it, not to ntion the incident’s embarrassnt had caused leaders in the Propaganda Departnt to lose face—they didn’t even want to ntion Jubaozhai publicly anymore.
After all, this was an event with high-level attention, complete with officials presiding and coverage by radio and television dia. And Jubaozhai had turned it into a fiasco.
Didn’t that effectively suggest that the Propaganda Departnt was full of incompetents, unable to stand firm and uphold their examples?
Once the Propaganda Departnt withdrew its support, other eager parties beca all the more ready to pounce.
Two million in tangible losses was one thing, but these intangible losses compounded could not be contained with another two rounds of two million.
Jubaozhai finally realized that they could no longer go on like this. Without changes, they would see decades of business destroyed.
Wang Tiechen was no fool; he understood perfectly what needed imdiate resolution. Jubaozhai faced many problems, but regaining Feng Jun’s forgiveness could make reviving the enterprise quite easy.
Conversely, even if he resolved many other issues, as long as Feng Jun remained unsatisfied, the outco for Jubaozhai would not fundantally change.
So, he reached out to Sister Shen.
(Updated to this point. Summoning monthly votes.)
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