Chapter 142: Withdrawing Ten Million in Foreign Exchange, Two Premium Luxury Residences

The Hongze agency account remained active. Before the New Year, Zhang Long had only withdrawn the net profits, leaving the 10 million principal untouched. Now, after the holiday, including the 60 million across three other accounts, he had a total of 70 million at his disposal.

Even at a conservative estimate, making 20% to 30% weekly would yield 15 to 20 million in net profit—a very respectable sum.

...

"Five stocks?"

At Hongze, Qian Caiying noticed that on the first trading day after the New Year, Zhang Long had bought five stocks in his agency account, using half his capital to invest 1 million into each.

One of these was recommended in today's Hongze stock report, but the others were not; their source was unclear. However, Qian knew Zhang Long operated three other accounts, meaning he had three other sources besides Hongze’s daily report from which to screen stocks.

"The number of stocks is increasing."

Qian’s eyes flickered. Typically, Zhang Long would start on a Monday by buying only three stocks. He would then add more on Tuesday and Wednesday to gradually reach full position, sometimes selling off on Friday, sometimes not. There was no strictly fixed pattern to his operations, other than one clear principle: cut small losses and reap large gains, and use a diversified portfolio to keep losses small while letting the few winners run.

Buying five stocks on the first day after the holiday suggested he didn't want to drive up the prices too obviously. After all, if he were to dump ten million into a single stock, who could say if it would continue to rise?

"Heh, quite cunning."

Qian Caiying chuckled. It suited her just fine; she would simply promote them as instructed. Besides, even if she recommended all five stocks to Hongze clients exactly as they were, the impact would be minimal. Some clients simply wouldn't buy, or they would hold onto losses instead of taking profits, turning potential gains into deficits. Only a small fraction of obedient clients, who didn't overthink things, managed to follow his lead and earn upwards of 25% monthly.

It wasn't a massive figure, but it was impressive. Most other platforms were either trapped in bad positions or continuing to lose money; it was rare to see any profit at all.

"Pity, it's all coming to an end."

Qian shook her head slightly as she compiled the daily featured stock radar. The party at Hongze was ending, but fortunately, she had prepared a backup plan. Otherwise, she would have been forced to go home and settle for marriage.

...

"Boss, he still hasn't moved."

At Jun'an Trading, the futures platform where Zhang Long held an account, he hadn't made a move since a few trades that resulted in a 50,000 loss before the holiday. Even with the morning session over on the first day back, he remained idle. There was still 450,000 in the account.

"What did he say on the phone?"

Ni Meng shook her head. "He just said he’s been too busy to trade and would get back to it when he has time. He also mentioned he has no intention of withdrawing funds for now and asked me not to call so often."

"Then just keep a close watch."

The client's attitude was clear; calling every day would only be an annoyance. Ni Meng felt a pang of frustration—a 500,000-unit client who stopped trading after barely starting. Still, at least he hadn't withdrawn his capital.

"Zhang Long is withdrawing 500,000..."

At the Huitong Forex trading department, an assistant manager reported to the director that Zhang Long had requested a withdrawal. Last Friday, the account had earned 850,000 USD, and after making a small trade this morning, he had applied to cash out.

Zhang Long had already withdrawn his 1 million RMB principal long ago; the 850,000 USD in the account was pure profit. Seeing him withdraw 500,000 USD was disheartening—350,000 just didn't generate the same commission as 850,000.

"Who is this master trader?"

The director frowned, sighing. The defining characteristic of Zhang Long’s operations was his rational approach to loss. Looking at his entire trade history, his losing trades were no fewer than his winning ones, but his maximum loss was always small. Conversely, his winning trades were substantial, capturing every possible point, even if the price retraced to his entry point. He either didn't profit at all, or he profited big.

...

"Hm? Withdrawing 500,000?"

At the Jiuding Forex trading department, the director refreshed the backend and saw Zhang Long’s request. 500,000 USD was neither a lot nor a little—about 3.25 million RMB. It wasn't surprising; if a client made money and wanted to withdraw, it was standard procedure. The commission generated by the trading volume was significant enough that the actual profit taken away was effectively cut in half. It was just a drop in the bucket; he didn't care.

...

"This way, Brother Zhang."

Jinxiu Huating was a high-end residential complex with 24-hour professional concierge and hotel-style management. The best units were those with one elevator per household. Zhang Long had been scouting luxury properties before the New Year, focusing on top-floor duplexes and detached villas.

"I thought I said I wanted a top-floor duplex?" Zhang Long frowned.

The sales agent gave a mysterious smile. "Don't be in such a rush, Brother Zhang. Let's take a good look at this flat first; the duplex is next, and we can tour that properly then."

Though he didn't know what the agent was up to, Zhang Long had time. This flat was a three-bedroom, three-living-room, two-bath layout, over 220 square meters. The layout was impeccable, with one living area serving as an open-concept study. From the floor plan to the decor and smart appliances, it was the pinnacle of luxury.

From the master bedroom, the guest room, and the balcony, one could overlook the Lujiazui skyline across the Bund. While not directly on the riverfront, the view was the best in the entire complex.

"How much for this one?" Zhang Long was tempted. The装修 (renovation) alone was worth a fortune.

"Not so fast, let's head upstairs." The agent led him to the elevator and pressed the button for the floor above.

As expected, it was a top-floor duplex. Five bedrooms, six living rooms, four baths, and two kitchens. It featured a double-height ceiling and a massive open-air balcony. The decor was even more refined than the flat below—light luxury, atmospheric, and minimalist. Though the style differed slightly from the floor below, there was an underlying harmony.

The owner of both floors was the same person.

"That's right," the sales manager said with a smile. "The owner’s requirement is that they be sold together. If you want them, you buy both. 50 million! Loan or full payment, it doesn't matter."

Zhang Long took a breath. A bundled sale—a bit eccentric.

"Brother Zhang, it's worth every penny!" the manager continued. "The renovation alone cost 10 million. That's 680 square meters in total—only 58,800 per square meter."

Zhang Long calculated the potential. In the future, the price per square meter would easily triple to over 200,000. These two luxury properties at 50 million were a steal.

"When is the owner available?"

"Saturday morning. The owner wants to meet prospective buyers to see if there's a connection. If the vibe isn't right, he won't sell."

...

Thursday flew by. Hearing the notifications of his various forex accounts settling, Zhang Long let out a sigh of relief. 500,000 USD was 3.25 million RMB. It was a good start.

"9.75 million, just like that."

His plan was to withdraw 500,000 USD from his three accounts every time they hit a certain profit milestone. Doing this ten times would net him nearly 100 million.

"Saturday morning, huh?"

He was eager to meet the owner of the Jinxiu Huating properties. Money meant nothing if it wasn't spent. Aside from a small apartment and a commercial shop he’d bought for Liu Yurong, he had no other real estate. He had 160 million in liquid capital; spending 50 million on these properties would be a sound investment and a great place to live.

Saturday morning arrived. Zhang Long dressed sharply, sporting a jade thumb ring, a luxury watch, and a jade Pixiu in his right hand.

The Jinxiu Huating properties—they would be his.