Power and Wealth-Chapter 217 – Big Profits

Chapter 217 – Big Profits

Morning.

The air is fresh and cooling after a light shower last night. Outside of the windows, it is slightly foggy.

Knock, knock, knock… someone knocked on Dong Xuebing’s bedroom. “Chief Dong, it’s time to wake up.” Yu Meixia said.

Dong Xuebing got up from his bed and rubbed his eyes. He yawned and said. “OK. Help me get a glass of water. I’m thirsty.”

Dong Xuebing could hear footsteps walking away from the bedroom door. After a while, Yu Meixia, in her white sleep gown, entered the room with a glass of water. She still looked sleepy and seemed to have wake up not long ago. Yu Meixia saw Chief Dong, who was topless and blushed. She passed the glass of water to Dong Xuebing shyly and went to the closet to get a set of clothes for him. She laid the set of clothes, including socks, on the bed and tidied up the bed after Dong Xuebing got up. She asked as she folds the blanket. “Are you bringing breakfast to work, or will you have it at home?”

Dong Xuebing looked at Yu Meixia’s legs and smiled. “I am not working today. Chief Liang had given me one week off.”

Yu Meixia straightened her dress and said. “Chief Dong, I… I still have not thanked you. Thank you for helping my husband get revenge.”

Dong Xuebing waved his hand. “What’s there to thank? Moreover, it’s my duty.”

Yu Meixia released her hands on her dress and said gratefully. “I know you were under tremendous pressure and almost lost your job. I… I…, other than cooking and doing household chores, I don’t know anything. I… I will do anything for you to repay you.”

Dong Xuebing patted Yu Meixia’s hand. “Don’t mention it and go prepare breakfast. I will go for a run.”

Yu Meixia nodded and left the room.

After getting dressed, Dong Xuebing went downstairs for some exercise. He started jogging out of the Public Security Family Quarters into nearby streets and alleys.

As Dong Xuebing ran pass a breakfast shop, he saw a few hooligans paying for their breakfast. One of the hooligans saw Dong Xuebing, and his face changed. He turned to his friends and whispered to them. Dong Xuebing could faintly hear the words ‘God of Plague’ and saw all the hooligans’ face changed. They did not even collect their change from the shop owner and ran off.

Dong Xuebing had become famous in the County, and many people knew his nickname.

Dong Xuebing was mad. He was the one who caused the downfall of Jin Di Mansion and Qian Fei. At most, Qian Shen is included. But the transfer of the former County Party Secretary Chang Lei is none of his business. The evidence he found could not affect Chang Lei. It must be the County’s Mayor who used the evidence, coupled with other means to force Chang Lei out of the County Government. There should be other City Government’s leaders getting involved in this.

But now, everyone thinks it’s the God of Plague who forced the County’s Party Secretary away.

Who the hell did I offend?!

Dong Xuebing was frustrated. The Jin Di Mansion case is officially closed, but this case had lots of implications. Even the County’s Party Secretary was implicated in it. Because of this incident, Liang Chengpeng gave Dong Xuebing one week off. Firstly, Dong Xuebing had worked too hard over the past few days. Secondly, he wants to keep Dong Xuebing away until the impact of this case is over. This is also a way to protect Dong Xuebing.

As Dong Xuebing was running, his phone rang.”

Dong Xuebing did not see who the caller was and answered. “Hello? Who is it?”

“It’s me. What are you doing?” Qu Yunxuan asked.

“Huh? I’m jogging.” Dong Xuebing asked. “When are you coming to Yan Tai County? I miss you and want to do naughty things with you.”

“Idiot! You want to get beaten up by me?”

“Hahaha. When are you coming? I thought you said you are going to Ruili to buy uncut raw jade stones?”

“I don’t have the time. I had read up books on jade and the classification weeks ago, but I am busy because of the Spring Auction. The last auction’s transacted price had increased our company’s reputation, and lots of people had come to us to auction their items. Therefore, I didn’t get to go to Ruili. I planned to hold a jade auction the Spring Auction. I will buy the uncut jade stones and let you evaluate them first. After that, we will put them up for auction. It will be more attractive than Spring Auction.”

Dong Xuebing wiped his sweat and stopped jogging. “Alright. You can make the decision.”

“The Spring Auction is starting next week. Are you attending?”

“Maybe not. I got to work next week. I will let you know if I can attend. Eh? It’s already Summer now. How come you are still holding a Spring Auction?”

“Haha… Spring Auctions, Autumn Auctions are normally held at the end of the season. Many of the Spring Auctions are held in June or July, and Autumn Auctions are held in December or January. It doesn’t matter if we are slightly late. There is too many auction house in Beijing, and we can’t compete with them. So, we can avoid having auctions on the same date as them.”

“That’s right. Oh, I remembered something suddenly.”

“What?”

“Err… I am thinking if I should get a car.”

“Yes. It’s more convenient to have a car. You should buy one.”

“Err… Can you transfer some money to me? My bank account only has a few thousand RMB.”

Qu Yunxuan laughed. “You ah… why didn’t you tell me earlier? Our company still has 5 million in cash. How much do you need?” It’s rare for a 10 million company to have 5 million cash. Only companies like Auction Companies or companies in particular trades can have so much cash. Typically, 2 million cash is considered a lot of ordinary companies.

Dong Xuebing thought for a while. “Why don’t you transfer all the money to me? I will use it to make more.”

“Stone gambling? Or are you going to use it for other things?”

“I still have not thought about it. Yan Tai doesn’t have stone gambling places.”

“Alright. I will transfer it to you now. But you need to hurry. The company still needs money for our next phase of marketing and need some money as emergency funds. If I don’t have a few million with me, I will get nervous. After all, the Spring Auctions is starting.”

“Don’t worry. I promise to return 5 million to the company within this week.”

After hanging up, Dong Xuebing returned home to have his breakfast.

Yu Meixia had gone out to send Yu Qianqian to school, and Dong Xuebing laid down on the leather sofa. He had thought of buying a car but felt it would attract too much attention. After the Jin Di Mansion case, Dong Xuebing had become a well-known figure in the County. Since he had already attracted so much attention, buying a new car does not matter much. Dong Xuebing’s character is also not the type where he will remain low-profile, and having his car is more convenient.

How much is needed to buy a car?

Hmmm… let’s stop thinking about getting a car now. I need to make money first!

Dong Xuebing thought deeply. He had accumulated quite a lot of BACKs during this period. Although he had used it recently, there should be around 20 minutes left. Should I go and look for authentic antiques? That requires luck and cannot be accomplished within 1 or 2 days. Stone Gambling? There are no stone gambling places nearby. Trade commodities? I am not good at trading, and I might lose money if I am not careful. Hmmm… what’s left is only stocks. Dong Xuebing is familiar with shares trading, and he made his first pot of gold through the stock market. At that time, he only got 1 minute of BACK and had lots of limitations. But now, he has around 20 minutes. He will have more opportunities to make money.

The door opened.

Yu Meixia had returned home after sending her daughter to school. She wore clothes that covered up most of her body.

Dong Xuebing saw her and laughed. “Sister Yu, it’s summer, and you are still wearing long sleeves and pants? You are not hot?”

Yu Meixia lowered her head and said softly. “I… I will change to a slip dress.”

Dong Xuebing heard her and said. “Errr… I don’t mean anything. You just wear what you want.”

Yu Meixia still remembers Chief Dong mentioning that she looks sexy in a short slip dress. She bit her lips and returned to her bedroom. About 10 minutes later, she came out of her room in a short silky slip dress. This dress is not the usual dress she wore for sleeping. It’s a sexy black silk dress.

Dong Xuebing was stunned. “You just bought this?”

Yu Meixia quickly replied. “You are not around that day, and a neighbor brought me out to a shopping mall. She said I look good in it and I bought it for… I… I am not sure if I look good in it.”

Dong Xuebing nodded. “Of course! You are stunning.”

Yu Meixia blushed. “No… I feel… I look ordinary…”

If someone else said this, Dong Xuebing would think that a person is modest. But when Sister Yu said this, it is because she has low self-esteem. “Sister Yu, I need to tell you something which you might not like. Your character is too soft and has low self-esteem. You need to have more confidence in yourself. All of us are humans, and you don’t need to think so lowly of yourself. You are so pretty and have a good figure. If you don’t believe it, you can ask around. If you can find someone as pretty as you in the whole Yan Tai County… no… the whole Fen Zhou, I will follow your surname!”

Yu Meixia smiled embarrassedly. “Thanks for the compliments. I am not as pretty as what you said.”

Dong Xuebing could tell Yu Meixia is feeling happy. After all, everyone likes to be complimented. “You should start learning dancing. I heard dancing can make one more graceful and cultivate self-confidence.”

Yu Meixia replied softly. “Our neighbor also said the same things. But I don’t know the basics and dance lessons are… too expensive.”

“You can use my money first. How much is it?”

“No… No…” Yu Meixia refused. “You had helped us a lot, and I cannot keep getting money from you.”

Dong Xuebing looked at her. “Hahaha. Alright. Come to my room. I will trade shares and make some money for you.”

Yu Meixia got a fright and quickly waved her hands. “It’s too risky. My husband had played with shares in the past and lost a lot.”

Every time Dong Xuebing heard Yu Meixia mentioning her husband, he felt uncomfortable. He glanced at her and said. “You just need to buy the shares I bought. Do you think I will let you lose money? I know you don’t have a trading account, but you should have a few thousand RMB, right? You can use my account first, and I will pass you your profits.”

Yu Meixia nodded and didn’t say a word.

“Let’s go and look at the recent stock market. It’s been a while since I monitor the stock market.”

In the bedroom, Dong Xuebing sat down in front of his PC with Yu Meixia. They were looking at the stock market index graph.

After not following the market for about a year, the market index had dropped to a new low. About six months ago, the market was not doing well, and it fluctuated for a while before crashing two months ago. The line graph of the market almost looks like a playground’s slide, and almost all the shares in different sectors had dropped. The average drop of the shares is around 3%.

Yu Meixia saw the graphs and looked at Dong Xuebing. “I think… I think we should not buy shares.”

Dong Xuebing looked at the list of companies and frowned. “One of these shares will rise. With fluctuations means we will have a chance to make a profit.”

Yu Meixia did not know much about the stock market and kept quiet. She took out a cigarette for Dong Xuebing and lit it for him. She saw Dong Xuebing staring at the monitor, and she starts peeling melon seeds for him.

Dong Xuebing noticed what Yu Meixia was doing and just opened his mouth to wait for her to feed him.

Yu Meixia blushed and placed the peeled melon seeds one into Dong Xuebing’s mouth.

Dong Xuebing swallowed the seed and opened his mouth again.

Yu Meixia fed Dong Xuebing the second melon seed. This is a top-class service!

After eating more than a dozen melon seeds fed by Yu Meixia, Dong Xuebing became lazier. He doesn’t even want to pick up his glass of water himself. He made Yu Meixia hold his glass and few him water.

After a while, Dong Xuebing said. “Sister Yu, rest for a while and stop peeling.”

Yu Meixia put down the packet of melon seeds and picks up a paper fan to start fanning him. She was afraid Dong Xuebing would feel warm in the room.

Dong Xuebing could sense Yu Meixia’s thoughtfulness and said. “Stop fanning. There is air condition in the room. Come closer and look at the stocks together.”

Yu Meixia stop fanning and said. “I don’t know about stocks.”

“I will teach you. You know how to tell if the share prices rise or fall?”

“I know a bit.”

Dong Xuebing shamelessly said. “Can you see it from so far? Why do you sit on my lap?”

Yu Meixia bit her lower lips and whispered. “I… I can see it from here.”

“Cough… OK. I will teach you the basics of share trading. Do you see this? This means the prices are falling. The line is moving downwards. The fluctuations for all shares have a limit of 10%.”

Yu Meixia points to a share on the screen. “Why is this share dropping so much? It’s more than 10%.”

The code for this share is 002603, Yi Ling Medical. It should be a pharmaceutical share, and the current price is around 30 RMB.

Dong Xuebing nodded. “This is a new share, which means today is the first day of listing on the stock market. On the first day, there are no limits on the rise and fall of the prices. From the second day onwards, the 10% limitations will be imposed on it.” Nowadays, new listings cannot make money like before. That’s why Dong Xuebing was not surprised to see new shares’ prices plummet. After all, the overall market is not doing well.

Dong Xuebing patiently explained the stock market to Yu Meixia for the next few hours, while observing the fluctuations of the shares.

The market today was doing very poorly. The majority of the shares continued to fall slowly. This is not a good sign. Only a handful of shares rise, but the increase is only around 1 to 2 %. Dong Xuebing hesitated for a long time but did not use his BACK, as the profits are too little.

Around 2.30 pm.

“Sister Yu, help me monitor the market to see if any shares have high fluctuations.”

Yu Meixia gave Dong Xuebing a ‘not very confident’ reply. “… OK.”

There are only around 30 minutes before the market closed, and Dong Xuebing was bored. He went to the toilet, and when he came out, he looked at the clock in the living room. There’s still 10 minutes before 3 pm. He returned to the bedroom and saw Yu Meixia’s eyes glued to the monitor. She was moving the mouse around clumsily. Dong Xuebing laughed. “Are there any shares that shot up?”

Yu Meixia embarrassedly replied. “I… I don’t know how to use the mouse.”

Dong Xuebing smiled. “It’s alright. Take your time. Let me see.”

Dong Xuebing was stunned when he looked at the list of shares. Eh, how come so many of the shares which had stopped trading from reaching the 10% limit resume trading? Dong Xuebing checked the index graph and understood what happened. A large number of funds had entered the market, and the index is on the rise. All the shares are also moving upwards slowly. Dong Xuebing felt his opportunity is here. He opened a new window to show the top winners and losers list. When Dong Xuebing clicked on the various shares to look at their price charts, a share caught his eyes!

Yi Ling Medical. This new share had jumped from having 20% losses to become one of the top winners today!

Dong Xuebing remembered this company’s share price was at around 30 RMB, and it’s more than 40 RMB now!

Dong Xuebing paused for a while. He never expects to get such an excellent opportunity. Under normal circumstances, the maximum fluctuation a share has in a day is around 20% because of the higher and lower limits. But because this company is a new listing, there are no limitations, and that’s why Yi Ling Medical has such high fluctuations today. Such opportunities are too rare.

OK! This is the share!

BACK 20 minutes!

Everything in front of Dong Xuebing’s eyes flashed!

Dong Xuebing appeared in the toilet and was about to remove his pants.

Dong Xuebing looked at his watch and rushed back into the bedroom. “Sister Yu, move aside, please!”

Yu Meixia got shocked and quickly let Dong Xuebing sit down in front of the PC.

Dong Xuebing quickly click on Yi Ling Medical to look at the graph. The share price of this company is still around 30 RMB. Dong Xuebing quickly opened up the trading software and transferred the 5 million in his bank account into his trading account. After that, he used all his money to buy Yi Ling Medical shares. Five million is not a small amount, and after using all 5 million to buy Yi Ling Medical shares, the price rose by 10 cents.

Yu Meixia gasped. “You… bought the shares?”

Dong Xuebing smiled. “I had included your money too. Err… I will let you have 10,000 RMB.”

Yu Meixia turned pale and looked at the monitor. “Isn’t this share falling? You… you…”

“Don’t worry.” Dong Xuebing stood up and stretched. “We can stop monitoring the market now. We also cannot sell the shares today. We will continue tomorrow. Let’s go and watch TV.”

Yu Meixia frowned. “I… I still want to look at the stock market for a while.”

Dong Xuebing knew 10,000 RMB is a lot to Yu Meixia. He rubbed his nose and sat beside her.

Yi Ling Medical – 30.32 RMB.

1 second… 5 seconds… 10 seconds… the share price remained the same.

Suddenly, a transaction of a few thousand lots came in, and the share price shot up to 32 RMB. A few thousand lots are considered a high transaction because the share prices are considered high for these small companies.

Yu Meixia cheered. “It’s up! The share prices had gone up!”

Dong Xuebing smiled as he felt good to see Yu Meixia so happy. He seldom sees her so cheerful.

32 RMB…

34 RMB…

36 RMB…

In the following 10 minutes, the share price shot up, and when it almost reached 40 RMB, it dropped slightly. But after a while, a few more transactions came in, and the price exceeded 40 RMB!

In the end, Yi Ling Medical share price stopped at more than 40 RMB when the market closed.

Yu Meixia looked at Dong Xuebing excitedly. “Chief Dong, how did you know this share’s price will go up?”

Dong Xuebing lied. “Through analysis.”

“You… you are so smart.” Yu Meixia believed Dong Xuebing.

The next morning, Dong Xuebing and Yu Meixia sat in front of the PC, waiting for the market to start trading.

Trading starts, but Yi Ling Medical share prices did not continue to rise. The current price is about the same as yesterday. Dong Xuebing does not have enough BACK to use and did not choose to hold on to the shares. When the market starts, he sold his 5 million worth of shares. After that, he checked his account, and his 5 million RMB had become 6.8 million!

1.8 million RMB of profits!!!

Dong Xuebing was overjoyed. This time, his returns are much higher than he went treasure hunting. But such opportunities are rare and uses a lot of his power. If not, Dong Xuebing will sit in front of the monitor every day.

Dong Xuebing shut down his PC and gave 4,000 RMB to Yu Meixia. “This is your profit from that 10,000 RMB.”

Yu Meixia looked at the stacks of money and hesitated. “I… I did not come out with any money. You should keep it.”

Dong Xuebing gave her a stare. “We agreed that you would invest 10,000 RMB, and these are the returns!”

Yu Meixia knew Chief Dong is using this as an excuse to give her money, and she is very grateful. “Thank you.”