Chapter 309: ’Network

Words : 1825 Updated : Oct 3rd, 2025

The news of Lu Liang’s wealth doubling was only trending for half a day before it was overtaken by Wanda. Old Wang decided to transition to a light asset model and reached a 637 billion century transaction with Rongchuang Group. In this transaction, Wanda sold off 13 Wanda Culture and Tourism Cities and 77 hotels, and sought a suitable buyer for over 60 million square meters of land reserves under Wanda’s name. Once the news was announced, the news that Lu Liang’s personal wealth surged by seventy to eighty billion was not worth mentioning. After all, who would have thought, Old Wang, who topped the global Chinese richest list last year, would be reduced to making drastic survival decisions this year. Moreover, among the numerous domestic real estate developers, the public had a relatively good impression of Wanda, primarily since it main dealt with commercial real estate and had virtually no unfinished buildings. While Old Jia from LeEco repeatedly announced "I will return to the country next week," Old Wang stayed to deal with debts, further enhancing the public’s favorable view of Wanda. Old Wang’s lifetime reputation, the only blunder might be Little Wang. However, in recent years, Little Wang had changed and focused on live streaming commerce and esports teams, barely qualifying as half a prodigy. Thus, the public predominantly supported Wanda’s strategy of drastic survival measures, with very few kicking them while they were down or being sarcastic. Old Wang also knew that his troublesome son had finally brought him peace of mind in recent years, largely thanks to Lu Liang. Close contact with gold will make one gold; close contact with ink will make one black; remaining close to Lu Liang, who was only focused on making money, also made him more ambitious. Old Wang was also willing to respond in kind, pushing aside all mainstream media interviews after reaching the deal with Rongchuang to first accept a personal interview with Wang Chuting from self-media. A new week, Lu Liang arrived at the company early. At nine in the morning, with half an hour until the market opened, he turned on Douyin and watched Old Wang’s interview video with leisure. Old Wang visibly showed signs of wear, but his tone was calm, "It’s nothing much, just experienced some turbulence and endured some hardships…" Lu Liang opened the comment section and couldn’t help but chuckle; the top liked comment was "network," receiving hundreds of thousands of likes from netizens. S~eaʀᴄh the Nôvel(F)ire.nёt website on Google to access chapters of novels early and in the highest quality. During Ningde Era’s IPO, Lu Liang spoke boldly, and the hot topic at that time was Ningde, with Wang Chuting interviewing Zeng Minqun immediately. Recently, with Wanda’s drastic survival measures and reaching a 637 billion century transaction with Rongchuang, Wang Chuting also interviewed Old Wang immediately. Despite being a self-media personal account, she always managed to capture the crest of public discourse, interviewing business tycoons, and besides "network," netizens didn’t know how else to describe it. "Just two or three more recommendations should be sufficient." Wang Chuting wanted to create a celebrity column, Lu Liang took the initiative to help her contact four or five celebrities, which should be sufficient. Afterwards, she could manage to contact others herself. After all, with Ningde’s Old Zeng and Wanda’s Old Wang, any subsequently invited celebrities would think about her background. Once they discovered it traced back to Lu Liang, if they weren’t busy and intended to send certain signals to the outside, they would still be very willing to accept interviews. Just like this time, even if not accepting Wang Chuting’s interview, Old Wang would have accepted other mainstream media interviews to tell the public that Wanda would not go bankrupt and he, Old Wang, would not flee, hoping the public would give some confidence and more time. "We plan to complete the adjustment within one or two years…" Lu Liang also advised Wang Chuting that to last, the most important aspect was sticking to objective facts, and that initially misrepresenting Luo to trap him should not be repeated. Even if there were grievances with the other party, how it should be reported, so it should be reported, as he feared no one. At 9:15 AM, the highly anticipated Ningde Era began pre-market bidding, with the price hitting the limit up one second and limit down the next. The stock fluctuated unpredictably. But at the moment the market opened, the dust settled. The stock price rose by 10.05%, reaching 60.26 yuan, with a market value of 105.149 billion. For a time, Tonghuashun and East Money competed to report that A-share’s 70th stock with a hundred-billion-level market value had emerged spectacularly. Ningde Era was listed with a market cap of 45.3 billion, its stock price surged by 44% on the first day, and it continued to hit the upper limit for five consecutive days, breaking through a market value of a hundred billion. Affected by the broader market, the languishing new energy sector became revitalized, triggering widespread gains and thereby boosting the overall market. Tianxing Mixed Fund heavily invested in eighteen new energy stocks, and within the top ten list, Ningde Era’s position weight even surpassed that of Tianqi Lithium, becoming the fund’s second-largest weighted stock. The fund’s net value updated to 1.495 that day and, as a public fund issued less than three months ago, had already achieved a profit of 49.5%. Tens of thousands of fund investors felt for the first time how delightful it was to be investors in Lu Liang’s fund. "Who go out and tell Big A, I’m never returning in this lifetime, if I die, I’ll die here." "Damn, trying to trap me into giving up my spot, don’t even think about it." "5% premium, buying Tianxing Mixed Fund’s debt, can negotiate more for a larger volume." "Looking down on who, I bid 10%." "Mr. Lu, I won’t call you Liangzi any longer, please issue another public fund phase, take care of the kids, the kids were fooled by Big A." Tens of thousands petitioned for Lu Liang to launch another public fund project, even if the scale reached 500 billion yuan, they would be ready to sell their houses, cars, and even blood to fill it. However, unlike last time, this time, no mutual fund company stood up to criticize Lu Liang’s faults, nor would they foolishly escalate things to the Securities and Futures Commission. With the Lou Shui Industrial Park project unveiled, Lu Liang’s plans and layouts were also laid bare for all to see. He wasn’t really interested in staying in the public fund industry; instead, he wanted to use the public fund’s capital to arrange for the new energy industry chain. Lu Liang was well aware that private fund investors wouldn’t agree and couldn’t wait so long; hence, he opted for a public fund, where only the general public had the patience to wait until the industrial park bloomed and bore fruit. Tianxing Mixed Fund was the first and also the last public fund issued by Lu Liang. They also didn’t need to provoke someone powerful who wasn’t a long-term competitor. Just let Lu Liang have his way; after all, the public fund wasn’t going to be his final stop. After Lu Liang left, it was still them who had the final say in the market, sovereignty was just temporarily handed over. On Tuesday, the name King Ning resonated throughout the market. The stock once again hit the daily limit, With a share price of 66.28 yuan and a market value of 1156.1 billion. It surpassed Wen’s Shares, decisively claiming the top spot in the Growth Enterprise Market, earning the era of Ningde a new level of respect. The entire Growth Enterprise Market turned red, celebrating the new king’s ascension; the era of Ningde was aligned with the new energy market and seemed poised for a long reign. Gongs and fireworks resounded; the entire Big A market focused on the era of Ningde, eager to see how far it could go. Various financial influencers started predicting continuity—ten, twelve, even fifteen consecutive limit-ups were discussed widely. A flood of positive news overwhelmed some veteran investors, causing them to lose their sense of self and their ability to judge. With a 44% increase on the first day and six consecutive days hitting the upper limit, the price-to-earnings ratio silently soared to 113 times. For listed companies in manufacturing, a normal P/E ratio ranged from 5 to 10 times; Ningde had surpassed this by more than tenfold. The hype from financial influencers was a signal itself, signifying that the major players were preparing to exit and were looking for a sucker to take over. The name King Ning existed only for two hours. By one o’clock at noon, After a break of one and a half hours, trading resumed. Billions in capped funds suddenly withdrew; the rise plummeted from 9.98% to just 3.53%. "Damn, the door’s finally open; it’s time to get in." Seeing this, retail investors were overjoyed, observing a situation identical to last Friday’s break. Coinciding with many positive signs indicated that the major players were baiting again, suggesting at least three more days of limits. Masses of retail investors entered the market with their capital, just as they had predicted, and the era of Ningde was capped at the daily limit again. "King Ning is awesome." The stock bars cheered, celebrating a victory for those retail investors. However, this cap lasted only for ten minutes before breaking again, though this time the drop wasn’t as severe as the first. From a drop of 9.98% to 6.85%, it was somewhat consoling. "A new dealer is taking over, building positions at high levels; the boy-who-cried-wolf tactic won’t work; entering now still gives a 3.15% rise, and there’s another 20 points for tomorrow and the day after." Retail investors, sounding expert, charged in with their funds, but the anticipated daily limit didn’t materialize. Instead, it was a huge oscillation within a 6 point range, rising two points for every one it fell. Repeatedly, and as it neared two in the afternoon, the candlestick charts gradually turned from red to green. "It’s impossible, you are King Ning!" Retail investors were stunned and in the next second, the market reacted; a positive candlestick shot up to the sky. 1.23%...3.52%...5.43%... A massive influx of capital drove the frenzied climb. Investors, already on tenterhooks from an hour of manipulation, witnessing this, didn’t hesitate to go all in. Then, they experienced firsthand. Always all-in, always in tears. The still rising candlestick suddenly plunged like freefall, unsupported from below. 5.43%...2.52%...0.42%... -2.55%...-7.52%... Finally— A flatline like that of a dead person’s heartbeat lay quietly on the floor, motionless.

Chapter 309: ’Network

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