Chapter 257: Who's Spreading Rumors?

At 9am, as usual, Lao Yang arrived at the stock exchange. For him, coming to the stock exchange to check the stock market had become his job. But that was in the past. Ever since Lao Yang met Zhou Ming at the stock exchange and had a chat with him, coming to the stock exchange every trading day had become a belief for him: I'm working for the development and protection of the Nanjiang stock market!

'Hey Lao Yang, here's today's newspaper for you. You're a bit late today, the stock exchange has been open for a while already. The stock market really did rise again today, aren't you going to buy in yet?'

A voice came from the doorway. Lao Yang didn't even need to look to know it was the newsstand owner. He said somewhat displeased, 'From past analysis of the stock market, the Nanjiang stock market has now reached a peak and will definitely fall next. I know this is the case, but I'm still buying. Am I stupid? And you should stop spreading these rumours, or someone will come looking for trouble if someone loses money.'

The newsstand owner laughed heartily: 'I say, Lao Yang, have you gone crazy from reading the newspaper? You have been at the stock exchange for the past few trading days, and can't you see that the stock market has been rising every trading day? I really don't understand how you can still say such things.'

Lao Yang wanted to say something more, but then a man walked up and said, 'Boss, I came a little late today because I had something to do. What's the situation in the stock market like now?'

'Of course it's doing great. All the stocks have risen since the market opened, and the momentum is unstoppable. Luckily you listened to me and bought quite a lot, otherwise you would have lost a lot in this bull market! I don't know who is spreading rumours about a fall when the market is doing so well.'

The newsstand owner deliberately shot a provocative glance at Lao Yang as he spoke. Lao Yang understood that this person was the one who had bought stocks after believing the newsstand owner's words. The most important thing was that the stocks were now rising and he had made money.

Lao Yang really wanted to say that the newsstand owner was misleading the stock market, but he didn't have anything convincing to say at the moment, so in the end Lao Yang could only sigh, shake his head, and turn around and enter the stock exchange. Before he left, he heard the newsstand owner say, 'See? That's our famous Lao Yang from the stock exchange. Now, I don't know where he got this piece of gossip, but he believes that the stock market won't rise, so he sold all his stocks, and as a result, he missed this big bull market.'

Lao Yang walked into the stock exchange. He looked up at the market, and sure enough, it was a sea of rosy red, proving that the newsstand owner had not lied.

Lao Yang went upstairs to the familiar office. He remembered that a few days ago, it was Consultant Zhou who had told him that the stock market would definitely fall, and told him to spread the word.

When he arrived, Zhou Ming and Luo Han were already waiting for him. Seeing Lao Yang come in, Zhou Ming immediately waved at him to come and sit down. Lao Yang obeyed and sat down. Zhou Ming asked him, 'Lao Yang, why did you think to come and find me and President Luo today? It's not because you saw the situation on the market and felt that the information I gave you last time was wrong, and you've come to ask us for an explanation, has it?'

Although he understood that Zhou Ming was joking a little, Lao Yang still shook his head nervously and said, 'Consultant Zhou, I don't think so. I believe in your judgment, and I also believe that the Nanjiang stock market has now reached a peak and will fall next!'

Zhou Ming did not respond, but just looked at him meaningfully, which made Lao Yang's heart suddenly tighten. He had to confess honestly, 'Consultant Zhou, the thing is, when I was coming here just now, the owner of the newsstand downstairs was still spreading the rumor of a bull market there, and encouraging other people to buy more stocks...'

Then Lao Yang told Zhou Ming what had happened at the stock exchange entrance: 'Consultant Zhou, I naturally have complete faith in you, but he is really hateful. I know clearly that he is deliberately helping others spread rumours in order to lure ordinary retail investors back into the stock market, and then they will let the stock market crash to make money from ordinary investors. I know it for sure, but I can't refute it!'

Zhou Ming looked at Lao Yang's depression and asked him, 'Do you really want to give that newsstand owner a good slap in the face, so that all the stock investors can be relieved?'

'Of course, that guy is just so annoying!' Lao Yang said subconsciously. Then he thought of something and immediately asked, 'Counselor Zhou, is there something wrong with the stock market again?'

Zhou Ming nodded and said, 'There have certainly been changes, otherwise the stock market would have started to fall today. But that's not important, because although some people will struggle a bit, after all, struggling is just struggling, and it's impossible to change anything. Comrade Lao Yang, if you're still willing to trust me, you can go out now and tell everyone to get out of the stock market as much as possible. At most, it won't be past noon before the stock market will fall.'

Hearing this answer, Lao Yang immediately stood up excitedly: 'Believe, of course I believe, I'll go down now and help you spread the news, Mr. Zhou!'

Yang ran out of the office, and Zhou Ming and Luo Han watched him leave. Then they went to the window and soon saw Yang arrive in the trading hall.

The trading hall was noisy anyway, and the office itself had some sound insulation, so Zhou Ming and Luo Han on the second floor couldn't hear what Yang was saying. But they could guess from the crowd gathering around him that he was spreading the news that the stock market was about to fall.

But the news had spread, but due to the current rise in the stock market, many people did not believe Yang's words. They shook their heads derisively. Although they couldn't hear the sound, Zhou Ming and Luo Han could still empathise. As for the others, they were all hesitant. After all, the current situation in the stock market was rising, and it was hard to believe that he was saying it was about to fall, especially since Yang had said the same thing here a few days ago.

'Comrade Lao Yang has done his best. The situation is a bit complicated. The fact that he can believe in and support us unconditionally like this already makes me respect him a lot,' said Luo Han.

'So do you still think what I told you yesterday was a bit too much?' asked Zhou Ming.

At this point, in the face of Zhou Ming's question, Luo Han felt his face slightly blushing. He shook his head and said, 'Advisor Zhou, I still haven't thought about this matter far enough. I will do whatever it takes to get myself administratively punished, but I will never let those people at Binhai succeed!'

As Luo Han spoke, he picked up the phone in his office and dialed, while Zhou Ming continued to look out the window at the trading floor below, smiling with his mouth turned up.

...

In the trading hall, which Zhou Ming could see but not hear, Lao Yang insisted, 'Please believe me. After two years of rising, our Nan Jiang stock market has reached a point beyond its capacity to rise. It has now exceeded the limit of a rise, and will only go down next!'

'And there are also speculators from other places, who are maliciously pushing up the stock price, just to continue the illusion of a booming stock market, so that we all go out and buy stocks, and they can take the opportunity to make money off us. These speculators are also fully responsible for the current stock market bubble!' Lao Yang said with all his might, 'So now we must all stop buying stocks. If you already have stocks, please sell them!'

Despite Yang's best efforts, he did not receive much support, and on the contrary, there was a lot of sarcasm.

'Yang, are you tired of spreading rumours that the stock market will collapse? Can't you see the red on the market? Or don't you know what that red means? I can teach you, it means it's going up! Fortunately, I didn't listen to you a few days ago and sold my stocks, otherwise I would have missed this bull market. Can you make up for the money I lost?'

'Lao Yang, where did you hear this news? Did that consultant Zhou tell you? You used to trust your own judgment, didn't you? Why do you believe this piece of gossip so much this time? I think you and Kong Yiji are just like the man who laughed at the fifty paces of the hundred-paces man!'

In the face of these people's mockery, Lao Yang still firmly said, 'This news is true! I just studied the stock market situation in our Nanjiang over the past two years before making this judgment!'

When Lao Yang said this, someone immediately laughed out loud and continued to mock him, but others also said to him, 'Lao Yang, there is some truth in your judgment, but the current situation of the market is right here, not for an hour or two, but for several days, which is enough to illustrate the current situation of the stock market.'

Someone also persuaded Lao Yang, 'Lao Yang, I'm willing to believe in your judgment, but it is also a fact that the market is rising right now, or you can just not rush to sell it all. While the market is rising, you should hurry up and buy stocks, and when there is a fluctuation in the market, you can just sell them right away, won't that be fine?'

Lao Yang shook his head and said, 'That's impossible, because as I just said, the value of the Nanjiang stock market has already exceeded its actual value. Once there is any fluctuation, it will definitely be an avalanche-like plunge. By then, it will be impossible to sell the stocks, and I predict that the stocks will start to fall before the morning market closes at the latest. How can you buy in this situation?'

As Lao Yang spoke, there was an immediate burst of laughter from the side, and someone took out the stock certificate they had just received and said to Lao Yang, 'Lao Yang, do you see this? This is the stock I just bought. Do you want to take a closer look? Or help me calculate how much money I can make before the market closes at noon? It's just that the morning's increase doesn't seem to be very high, only one or two percentage points, so I can make a hundred or two in an hour.'

'Too bad, buying now means you won't have a chance to sell your stocks, and you'll just have to hold on to them,' said Lao Yang with regret.

Lao Yang's words of regret were met with ridicule from many people, who pointed at Lao Yang and said, 'Lao Yang, you really know how to tell a joke. Or are you here to curse others? This is not a good habit.'

But soon these people's ridicule could no longer be uttered, because someone rushed into the stock market and said, 'Oh no, just now there was news from the Nanjiang Development Bank that there was an error in their internal accounts, and they may lose tens of millions of funds as a result!'

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