Rebirth: Starting from the Cafeteria

Chapter 506 The feast begins, serve the food!

"Let's just grab it. Their operation methods are very conservative. Maybe they can help us in the future."

[Hongsheng Investment] finally began to enter in a big way, and Qin's Group was not to be outdone. At the close of the day, [Northwest Noodle House] soared 5.63%, attracting the attention of many people that day.

On the second day, the two sides seemed to have reached a tacit understanding and were more restrained in buying, with the stock closing down slightly by 0.24%.

However, the stock maintained a pattern of large rises and small declines, and soon climbed out of the bottom, and the upward trend was faintly visible. After a period of time, the share price of [Northwest Noodle House] rose by 23%.

At this point, [Northwest Noodle House] encountered a large number of selling orders. Previously, due to the ups and downs of this stock, many investors were trapped. As the saying goes, "Once bitten by a snake, you will be afraid of the rope for ten years", those who wanted to get out of the trap ran away.

A wave of rebound ended here. Qin Group slowly bought during the decline, while Hongsheng Investment adopted a wait-and-see strategy.

Du Shaojie doesn't pay much attention to the stock market. He has recently been studying the fusion of Sichuan cuisine, hoping to make some beneficial changes based on traditional Sichuan cuisine.

Nowadays, customers’ tastes are becoming more and more sophisticated, and some dishes that suddenly become popular will disappear within two years.

Xichuan Restaurant has always paid attention to market changes and constantly adjusted the supply of dishes according to such changes. Among them, fusion cuisine is a new breakthrough direction, but the progress is not very smooth.

Du Shaojie learned about this situation and took the initiative to get involved. Currently, 10 [Fusion Sichuan Cuisine] have been finalized.

"Yongli, prepare the car and go to the training center in the morning."

After breakfast, Du Shaojie took a car to the training center.

As always, when new dishes appear, each store will select key staff to come and learn. This cycle is usually relatively short, about one to two weeks.

However, Du Shaojie no longer gives lectures himself. Instead, he teaches the recipes of these dishes to the lecturers at the training center, and then the lecturers do the training.

The instructors at the training center are all experienced chefs, but due to health or age reasons, they come here to make use of their spare time.

When it comes to cooking, they are all experts and have extremely rich experience, making them very suitable for this job.

Du Shaojie started practicing right away, explaining as he went along.

After these instructors have mastered the essentials, they will go down to practice on their own. When Du Shaojie is free, he will come over to check, point out their problems and correct them.

After a few days, these chefs will be able to grasp the essence of these dishes.

After he finished these things, he remembered that he hadn't met with Ye Weiming and others for a while, so he called and invited a few people to have dinner at the Fish Restaurant.

"Boss Du, what have you been busy with recently?"

When everyone met, Ye Weiming asked curiously.

He himself has been very busy for some time, but his gains have been considerable. The import and export trade has brought him a lot of wealth.

"I haven't been busy lately. I've been researching a few new dishes."

Du Shaojie responded, and Ye Weiming and Jiang Dongyuan looked at each other and expressed envy.

On the one hand, I envy the other person's relaxed state, and on the other hand, I also envy them for being able to make a lot of money just by lying down.

During the drinking time, Jiang Dongyuan asked Du Shaojie indirectly whether he had any grudges against Meng Gang. Meng Gang had approached him several times recently, wanting to borrow money, but he did not agree.

"Boss Du, take things easy, it's no big deal."

Afterwards, Jiang Dongyuan and Du Shaojie clinked glasses and said something to comfort each other.

"There is no conflict between Mr. Meng and me. Those media fabricated it all. It's rare for us to get together. Let's not talk about irrelevant topics."

Du Shaojie behaved normally and even made clarifications.

However, Jiang Dongyuan and Ye Weiming didn’t quite believe it, but they just didn’t say it.

Time flies.

The share price of [Northwest Noodle House] kept rising and falling. The Qin Group completed the established plan as planned, and then lay down and played dead, allowing the share price to fluctuate without taking any action.

[Hongsheng Investment] did not have enough chips in hand, mainly because the company's decision makers were very cautious, which ended up benefiting the Qin Group.

After a few days of observation, they were sure that Qin Group had already built up its position, so they started to make efforts. However, the current stock price has broken away from the bottom, so they have to buy at a higher price.

When it comes to cost, Hongsheng Investment is definitely higher than Qin Group.

The Qin Group is very cunning and is completely taking advantage of the situation. It looks like it will not make any effort to push up the stock price in the future.

"How can we not contribute? When we push up the stock price, he will not only sit back and reap the benefits, but he may even leave us hanging on the mountaintop. But we can't just do something, the time cost is huge, right?"

"No, let's talk to them. It will be beneficial for both of us. Otherwise, we can only give up."

"It's impossible to give up. Besides making some money, there are other factors involved in manipulating this stock. Don't ask me. I won't tell you even if you ask. Hurry up and think of a solution."

"Why don't we try to pull a wave, then start to clean up the market, and then see how the other party reacts."

"Okay, that's decided."

[Hongsheng Investment] made a decision and began to increase their buying power, and the share price of [Northwest Noodle House] also rose accordingly. Qin's Group still did not move, and many small and medium-sized retail investors took profits, but Qin's Group seemed to be asleep and could not be awakened even by thunder in the sky.

[Hongsheng Investment] didn’t believe it and directly hit the daily limit to drive up the stock price.

"A daily limit to clean up the market? What a big deal. Okay, we'll give it to them if they want it, but not now. I want to see how many daily limits they dare to set."

Qin Mingcheng remained unmoved. He had enough patience to continue playing with the other party.

the next day.

[Northwest Noodle House] hit the daily limit as soon as it opened, but in order to test the pressure, [Hongsheng Investment] withdrew the buy order on the limit board half an hour after the opening.

The number of blocked buy orders dropped drastically. Qin Mingcheng thought about it but still took no action.

His lack of action does not mean that others will not take action. At this position, most people have already made profits, and as the price is about to open, a large number of sell orders emerge.

After 5 minutes, the daily limit was lifted and the stock price turned downward, but it stabilized after an increase of about 6% and maintained this trend throughout the day until the end of trading.

"It looks like the selling pressure isn't very heavy. Our opponents are very ambitious and they probably won't sell here."

[Hongsheng Investment] With a new judgment, I feel more confident.

The next day.

[Northwest Noodle House] once again opened at the daily limit, with a huge limit order hanging high, indicating the determination to go long.

The trading volume of this stock today is very small, which is the so-called "limit up without volume", indicating that the stock price still has greater room for improvement.

2 p.m.

"Sell the stocks you have. You can sell as many stocks as you can."

Qin Mingcheng looked at the huge amount of orders hanging there and finally made up his mind to sell off all his stocks.

At this moment, the situation on the market changed suddenly. A huge amount of sell orders suddenly poured out, directly breaking through the orders on the daily limit. The trading volume formed a long column, showing the fierceness of the battle between bulls and bears.

[Hongsheng Investment] never expected the other party to do this and immediately began to organize a counterattack.

The share price of [Northwest Noodle House] plummeted, and it barely stabilized above yesterday's closing price. [Hongsheng Investment] had already spent a huge amount of money, and the situation was very good, but it was unfortunately destroyed by the other party's unconventional play.

By the close of trading, the stock price had fallen by 4.51%.

It’s not that [Hongsheng Investment] didn’t want to fight back, it’s just that the opponent was too insidious. The huge amount of orders had no time to be withdrawn, and it had to passively eat up a huge amount of chips.

They don't have much money left now, and it's too late to raise funds in a short time.

As soon as the second trading day opened, Qin Mingcheng sold out all the last bit of stock he had.

Perhaps seeing that the market was doomed, various disconnected funds also quickly fled. As of the close of trading, the share price of [Northwest Noodle House] fell again by 6.14%.

Du Shaojie has been receiving calls non-stop these past few days. The securities team has been contacting Luo Qin from time to time to report to him about the developments in the stock market.

"How intense! By the way, is President Qin so fierce nowadays?"

He had a new understanding of Qin Mingcheng's ferocity and decisiveness, and couldn't help but sigh.

Qin Mingcheng made a lot of money from this. The other party's cost was very low. After all, he was not the banker and did not have that much cost.

Instead, it was [Hongsheng Investment] that suffered losses. A huge number of orders were exploded, and it passively took up a huge amount of chips. I guess it must be feeling very uncomfortable and having a bit of indigestion now, right?

Subsequently, the listed company issued an announcement that Hongsheng Investment’s shareholding ratio exceeded 5% of the total share capital, making it one of the company’s top ten shareholders.

From this moment on, [Hongsheng Investment] will be subject to certain restrictions in buying and selling the company's stocks.

This is equivalent to tying the opponent's hands and feet, and many tactics become difficult to use.

"This [Hongsheng Investment] should be a makeshift team. Now I am more convinced that there is someone behind them. I just don't know if it is Yin Qiang or someone else behind them."

Du Shaojie asked Hongsheng Investment to stand guard on the high slope for a few days before investigating who the other party's master was.

Sometimes he felt helpless. He had always been kind to others, so why were there always people who were picking on him?

Next, the share price of Northwest Noodle House continued to fall for a week, almost wiping out all the gains from this round of increases.

Qin Mingcheng changed several agents and started buying Northwest Noodle House stocks again. This was a typical case of selling high and buying low, but compared to normal operations, his movements this time were a bit too loud.

His idea is good, but his opponent is not stupid either and will also seek help.

[Hongsheng Investment] Qin Mingcheng was not given time to calmly replenish his chips, and they continued to buy stocks through agents. Although they were annoyed by the surprise attack on the daily limit, it also played the role of washing the market.

The subsequent rise was swift and powerful, not only recovering lost ground in a very short time, but even breaking through the last daily limit.

Going further up, the pressure is heavy.

(End of this chapter)