Starting with a fully invested A-share portfolio to become a capital...

Chapter 132: The size of the third-tier speculative capital is preparing to liquidate and dump its holdings.

[I am the eldest cousin]: The situation has changed, the situation has changed! Speculative funds are continuously igniting the market, and Rhine Biologics is about to be driven to the daily limit!

[Sunny Day]: It has already hit the daily limit, and the number of orders is rising rapidly, about to break 2 lots, which is more than 5000 million in limit-up orders!

[Polaris]: So fast, so fierce, so swift! I only dozed off for a short while, about ten minutes, and the stock price hit the daily limit, plus 2 lots of buy orders! Holy crap!

[Crocodile Egg]: I shouldn't have hesitated. I wanted to wait during the opening auction, but the stock price surged as soon as it opened. When it hit 8%, I got scared of heights. I'm really not suited to chasing themes.

One order from each person pushed the price to its daily limit, causing Rhine Biologics to hit the limit up completely, and all the funds within the stock reached a delicate balance.

Some of the profitable funds have already fled; what remains can be called greedy funds.

Greedy funds generally won't make any moves until they see a top signal; this is the type of funds that speculative investors prefer.

The two opposing forces of trapped capital have already partially exited, while the remaining profitable capital and the trapped capital at higher levels are waiting for the stock price to rise further.

Meanwhile, funds observing from the sidelines have either already placed buy orders (those who are more decisive) or are still waiting (those who are "cautiously observing").

Sun Yiheng looked at Zhang Yang and saw that he had used only 300 million to lock in the price again, and said incredulously, "It's already hit the daily limit?"

"The emotions are there."

Zhang Yang glanced at him sideways and continued, "The most difficult part of controlling the market is not how many trapped investors there are above, nor is it the presence of big players, but rather the emotions of retail investors."

"Retail investor sentiment..."

Sun Yiheng's eyes flickered with confusion.

"pat-"

Zhang Yang clicked the mouse, opened the stock forum on Eastmoney.com, and explained: "That's right, 95% of A-shares are retail investors, and the remaining 5% are speculative funds, institutional investors, and the national team."

"In an ecosystem where there are more sheep than wolves, the key is to make good use of retail investors' funds."

After a pause, he continued, "Let me give you an example. Mr. Liu is very rich, isn't he? He owns a real estate company, a coal mining company, as well as Hongyue Investment and a hotel business."

"But no matter how rich he is, he is not as rich as 1 billion Chinese people, because if 10 billion Chinese people gave me 10 yuan, I would become the richest person in the world."

At this point, Zhang Yang looked at Sun Yiheng and said with a faint smile, "What cannot be done in reality can be done in the stock market."

"I understand."

Sun Yiheng suddenly had a revelation.

He initially thought that speculative funds were a group of retail investors with large amounts of capital, but he didn't expect that they were playing the role of "leaders".

To be precise, it's a wolf in sheep's clothing!
……

With the intervention of other speculative funds, Zhang Yang no longer needed to worry about the stock price plummeting, and he began to sort out the fund usage of the two accounts.

On the day Zhong Qifeng went all in on Rhine Biologics with 1090 million yuan, the total cost of the position was 21.6 yuan, and he bought a total of 50.4 shares.

On the second day, Zhang Yang used another 1500 million yuan to control the market, which was equivalent to adding 1500 million yuan to his position. The average cost of this position was 23.78 yuan, and the number of shares held was 63.07.

On the third day, which is today, only 300 million yuan was used to control the market, with a cost of 26.38 yuan and 11.37 shares held.

Based on the limit-up price of 26.89 yuan, the total profit is as follows: 50.4 shares bought at 21.6 yuan yielded a profit of 269.7 million yuan; 63.07 shares bought at 23.78 yuan yielded a profit of 195.9 million yuan; and 11.37 shares bought at 26.38 yuan yielded a profit of 5 yuan. The total profit is 470.6 million yuan.

In other words, from the initial investment of 1090 million on the first day, to the subsequent use of 1500 million and 300 million to control the market, Zhang Yang's total investment was 2890 million, and his profit was 470 million.

If Zhang Yang repays the borrowed 3000 million, he should still have 1560 million left.

After deducting the leverage of 690 million, his withdrawable funds reached 870 million!
It's also worth mentioning that of the 690 million leveraged funds, 138 million belonged to Zhang Yang. This means that Zhang Yang's current capital has exceeded 1000 million yuan, placing him at the level of a third-tier speculative investor.

Zhang Yang started using leverage at the end of April and, in less than a month and a half by the beginning of June, went from an unknown retail investor with 200,000 yuan to a third-tier speculative investor with tens of millions of yuan in assets.

The ability to accumulate tens of millions of funds so quickly is inseparable from leveraging external resources.

Whether it's leveraging or borrowing money from Liu Hua, Zhang Yang is trying to make a big profit with a small investment, using the capital of the "stronger" to serve his own interests.

If Zhang Yang were an "honest person" who only knew how to use 20 yuan to compound interest, it would take him at least a year, or even longer, to accumulate 1000 million yuan, let alone buy a luxury car worth millions or invest millions in financial websites.

Anyone who has read martial arts novels or watched martial arts TV series knows that a true martial arts master can injure someone with a single flower or leaf. Knowing how to make use of the favorable conditions around them is the key to victory!

……

After discovering that he had unknowingly amassed tens of millions of yuan in funds, Zhang Yang had no choice but to consider diversifying his portfolio.

Of course.

It's not about stock market allocation, it's about funds.

Why use fund allocation in multiple accounts?

Very simple.

If all the funds are put into Hongyue Investment, and something happens to it, Zhang Yang's hard-earned capital will be wiped out in an instant.

A person with a risk-averse mindset will never put all their eggs in one basket; they might even divide their savings into multiple banks to avoid the risk of misappropriation.

After thinking it over, Zhang Yang muttered to himself, "I need to open a trading seat for speculative investors."

His current idea is simple: withdraw all available funds, with Hongyue Investment retaining 690 million, and adopt a trading model that combines a personal account with a leveraged account.

One advantage of keeping a margin trading account is that it can be used to "start a fire".

In addition to Zhang Yang's own funds, there are also funds from Liao Guopei and Lin Guangchang. The combined assets of the three should have exceeded 100 million.

With 1 million Chinese yuan, controlling a small-cap stock is not a problem at all.

Moreover, the ChiNext board is about to be listed on the A-share market, and the stocks in this board are mostly small-cap, high-growth stocks.

As Zhang Yang planned his future, time slipped away little by little.

11 points.

The A-share market closed in the morning session.

Sun Yiheng invited again, "Let's go have a meal together?"

"Row."

Zhang Yang glanced at the index briefly.

The Shanghai Composite Index and the Shenzhen Component Index both rebounded from weakness to strength, closing at 2758 and 10652 points respectively, with gains of 1.24% and 1.6%.

Strong market recovery is rare in the A-share market; it is usually driven by positive news. Zhang Yang did not rush to look for it, but instead went to the restaurant downstairs with Sun Yiheng for dinner.

One advantage of working in a business district is that you can find restaurants from all over the world everywhere.

Moreover, they compete with each other, with each one lowering its price.

Often, prices in cities are lower than in county towns, but the cost of renting and commuting is higher.

The two found a Shandong cuisine restaurant and solved their food problem while chatting and laughing.

Zhang Yang did not return to Hongyue Investment in the afternoon because the upward trend of Rhine Biologics on June 3rd had been locked in, and there was basically no possibility of it falling off the limit.

Why so sure?
At 11:24, Zhang Yang glanced at the buy order for Rhine Biologics, which was a full 30,000 lots. Based on the limit-up price of 26.98, that's a buy order with a total of 80 million yuan.

Furthermore, A-shares operate on a T+1 trading model, meaning that all stocks traded in the morning cannot be sold until the following day.

As long as Zhang Yang doesn't dump shares, given the current market sentiment for Rhine Biologics, there's absolutely no possibility of the stock price hitting its daily limit and then crashing.

Of course.

We can't be so absolute.

If we absolutely had to pinpoint how Rhine Biologics could have crashed, it would only be due to financial fraud, a trading halt and investigation by the China Securities Regulatory Commission, and the alleged transfer of benefits between the major shareholder and a private equity firm.

Take the China Securities Regulatory Commission (CSRC) issuing letters as an example. They are usually issued during market closures, meaning that there is virtually no chance of receiving a letter after the market reopens at 1 p.m.

As for financial fraud and the transfer of benefits, it's not just Rhine Biologics that has this problem; all A-share stocks may have this issue. Once it's exposed, it's a black swan event. Even if someone is ostentatious, they can't predict such a sudden event.

Zhang Yang and Sun Yiheng ate until almost 1 p.m., when the market was about to open. After not seeing the China Securities Regulatory Commission intervene, Zhang Yang decided to return to the Hyatt Hotel to summarize the day's trading.

……

Hyatt Regency Hangzhou.

VIP suite.

Zhang Yang opened his Lenovo laptop and then clicked on Eastmoney.com to find the specific reasons for the A-share market's "turnaround from weakness to strength".

The International Monetary Fund (IMF) predicts that China's GDP growth rate will reach 7.5% in 2009 and recommends maintaining fiscal stimulus.
Upon seeing the message, he checked the capital inflow data for the A-share market today.

Net inflow of domestic capital: 34 billion.

Net foreign capital inflow: 49 billion.

As of 1:32 p.m., the Shanghai Composite Index had a turnover of 1142 billion yuan, an increase of 30 billion yuan from the previous trading day.

It's not hard to see from the net inflows and trading volume that the A-share market was originally going to correct today, but unexpectedly the IMF raised its GDP growth forecast for China.

As we all know, the stock market is a reflection of GDP, and is commonly known as a barometer.

In early 2009, China set its GDP growth target at 8%, or more precisely, no less than 8%, which was its mission line.

However, in March, the IMF predicted that China's GDP growth rate in 2009 would be 6.7%, and was not optimistic that it could reach 8%.

The revised forecast of 7.5% not only contradicts the previous predictions but also sends a signal to international capital that China is capable of achieving an 8% GDP growth rate.

This is why, when domestic capital outflowed more than 20 billion yuan in the morning session, foreign capital made large-scale purchases, causing domestic capital to change direction and jointly drive the index up.

Many people may not know why a prediction by the International Monetary Fund (IMF) can mobilize global funds.

To put it simply, it is a global intergovernmental financial organization whose purpose is to promote international monetary cooperation, stabilize exchange rates, and assist member countries in adjusting international balance of payments imbalances. It is ranked alongside the World Bank as one of the two core international economic institutions.

The International Monetary Fund (IMF) and the World Bank represent the authority in the world's economic and financial fields.

In the comments section of the economic news, retail investors once again popped champagne.

[Old-fashioned Steamed Bun]: It's back! I feel like everything is back. This is an unprecedented bull market.

[黑色天幕]：2005年6月，A股能从998点涨到2007年的6124点，这轮底部是2008年的1664点，六倍就是9984点，听懂掌声！

[Dreamer Xiao Chen]: 9984 points? That's too low. This round will definitely break 1 points. Maybe in ten years, the Shanghai Composite Index will catch up with the Dow Jones Index and reach 14000 points!
Seeing the optimistic comments from retail investors, Zhang Yang couldn't help but smile helplessly. If they knew that the Chinese stock market would hover around 3000 points for many years to come, he wondered what they would think.

After closing the trending news article "IMF predicts China's GDP growth will reach 7.5% and maintain fiscal stimulus policies," Zhang Yang searched through the headlines again but found no news about Rhine Biologics being suspended from trading for investigation.

as predicted.

The China Securities Regulatory Commission (CSRC) doesn't have that much free time.

If a company issues an investigation letter for every stock that hits the third board, then all short-term speculative funds will have to change their business models, and all financial institutions will be forced to alter their profit models.

Just as Zhang Yang predicted, after not being "punched" at noon, Rhine Biologics saw its buying support rise again in the afternoon, with the number of buy orders at the limit up reaching 40,000 lots, indicating a large influx of funds from the sidelines.

Zhang Yang closed Eastmoney.com, logged into QQ, selected Liao Guopei and Lin Guangchang, and then created a discussion group.

[Zen City Shadowless Kick]: What's going on?
[Stock Trader Supports the Family]: Any new moves?
Because A-shares were still trading, the two were online intensively, and Zhang Yang sent an inquiry message as soon as he opened the discussion group.

[joker]: How many Rhine Biologics tickets do you have?

After Zhang Yang sent the message, Liao Guopei and Lin Guangchang quickly checked their accounts and replied respectively.

[Stock Trading to Support the Family]: I have 23 shares, worth over six million yuan. What's wrong?
[Zen City Shadowless Kick]: I have less than 10 shares, worth more than two million, less than three million.

[joker]: Let's prepare to clear out our positions on Friday to avoid potential risks over the weekend.

[Zen City Shadowless Kick]: So fast?

[Stock Trading to Support the Family]: If you calculate it all this way, you'll only get about 30% of the gains. Isn't that a bit of a waste?

Both of them hesitated. Based on their past trading experience, Rhine Biologics had already started its second major upward trend.

Moreover, there are a lot of speculative funds involved in this round. They have heard that even Zhang Jianping has entered the market, so there is no need for them to rush to liquidate their positions.

However, Zhang Yang had his own thoughts and advised, "Rhine Bio is indeed going through a second wave of main upward movement, but don't forget that Jianfeng Group, Hualan Biological, and Da'an Gene are still suspended from trading for investigation. Rhine Bio is now dancing on the edge of a knife. Once it exceeds five consecutive limit-up days, the compound interest return will be 77%. You can assess the risks yourselves. I will clear out my shares on Friday morning."

Zhang Yang remembered Liao Guopei and Lin Guangchang's repeated assistance, and since he also intended to win them over, he offered his advice.

If they remain stubborn and insist on trying to achieve eight consecutive limit-up days or even higher, he won't stop them, because they have a large amount of capital and can withstand any setbacks.

[Stock Trading to Support the Family]: That makes sense. There's never a shortage of opportunities in the A-share market. I've already invested one-third of my portfolio, so I'd better clear it out.

Seeing Lin Guangchang say this, Liao Guopei, who was still hesitating, could only reply: "That's fine. Earning less is better than not earning at all. At least the money from the yacht trip these past few days has all come back."

[Stock Trading to Support the Family]: Yacht Baby?
[Zen City Shadowless Kick]: Image.jpg.

Liao Guopei is also a down-to-earth person. As soon as he saw Lin Guangchang asking about "yacht babes", he shared photos of his yacht at sea.

The photo shows three sexy girls wearing yellow, blue, and pink bikinis standing on the deck of a yacht, pouring small drinks.

Immediately afterwards, he sent another video, a clip of three bikini-clad girls twisting their bodies and dancing enthusiastically.

[Zen City Shadowless Kick]: The parts that need to be censored, the girl didn't allow it to be filmed, so you can just use your imagination.

[Stock Trader Supports the Family]: Awesome!
Zhang Yang glanced at the chat history and knew what Liao Guopei was saying.

Many tourist destinations that focus on the "sea" offer sea excursions, and most of them also provide sexual services.

Once at sea, it becomes very difficult to regulate. There's a classic saying in the industry: "When you get on board, you don't think about the people on shore; when you get off board, you don't mention what happened on board."

Besides yacht girls, there are also cruise ship girls. These cruise ships on international routes do not allow any communication or filming equipment on board. Once they are out in international waters, the scene on the deck is hundreds of times more shocking than a Japanese educational film.

……

Qianjiang Times International Plaza.

Hongyue Building.

Sun Yiheng returned to his office and stared at the screen alone for half an hour.

When he saw that, just as Zhang Yang had predicted, the buy orders for Rhine Biologics increased rather than decreased in the afternoon session, continuing its strong performance, he admitted that he had once again underestimated Zhang Yang. This man's understanding of the stock market far exceeded his imagination.

"What a pervert."

Sun Yiheng got up from his chair and went straight to Liu Hua's office.

At this point, Liu Hua agreed to keep an eye on the performance of Rhine Biologics.

Witnessing the strong closing price and the absence of any signs of a price collapse, he was already considering bringing Zhang Yang under his wing.

A top-notch trader, coupled with access to a wealth of inside information, is able to make efficient use of his funds.

How can we recruit him?

"咚咚-"

"Busy now?"

Sun Yiheng knocked on the doorframe and walked straight into Liu Hua's office.

"Why are you here?" Liu Hua asked, puzzled. He had clearly instructed Sun Yiheng to keep an eye on Zhang Yang, so what was he doing in his office now?
"After lunch with Zhang Yang, he went back home, saying that the stock wouldn't crash in the afternoon and would only get stronger. Guess what happened?"

"He guessed right?" "Yes."

While answering, Sun Yiheng asked, "Do you know how much money he used today to push up the price of Rhine Biologics?"

"How many?"

Liu Hua asked, puzzled.

He guessed it was 1000 million, but it could be less, because his conversation that morning had left him with a very good impression of Zhang Yang.

To succeed in this society, eloquence and emotional intelligence are paramount.

For management positions in large companies, or political commissars in the military, they may not be good at other things, but when it comes to "talking," they are top-notch and can break down your defenses without you even realizing it.

“300 million!” Sun Yiheng held up three fingers, emphasizing his words.

"300?"

“300 million!!”

When he received the exact figures, Liu Hua closed his eyes. It was no exaggeration to say that Xu Xiang was the most skilled retail investor he had ever heard of, while Zhang Yang was the most skilled small retail investor he had ever seen.

"At his rate of making money, I estimate it won't be long before he breaks 100 million. This man is a bit abnormal." Sun Yiheng made no attempt to hide his admiration; the value Zhang Yang displayed was exactly what they needed.

"Do you think there's any way to get Zhang Yang to do things for me?"

Liu Hua inquired.

"It's hard."

Sun Yiheng shook his head, recalling Zhang Yang's eyes. Those were not the eyes of a young man in his early twenties; they were too composed.

After a pause, he continued, "Zhang Yang gives me the feeling that he is like a golden carp that is not meant to stay in a pond; once it encounters wind and rain, it will transform into a dragon. There is no way to keep this man."

"Too."

Liu Hua nodded slightly.

When he heard that Zhang Yang wanted to start a financial website, he knew that the other party had ambitions beyond his immediate surroundings, so he didn't know how to recruit him.

"Never mind, never mind." Liu Hua shook her head and looked at Sun Yiheng, saying, "Try to handle his matter as best you can. I don't like owing favors."

"We've already made plans to have dinner together."

Sun Yiheng responded.

"You can handle it as you see fit." Liu Hua trusted Sun Yiheng's abilities quite a bit; the two had been working together for almost twenty years and knew each other very well.

……

At the close of trading at 3 p.m., the Shanghai Composite Index closed at 2778.59 points, up 1.99%, while the Shenzhen Component Index closed at 10712.31, up 2.17%.

The strong rebound in the two major indices is attributed to the IMF's forecast of China's GDP.

International capital is optimistic about Chinese assets, and heavyweight stocks representing the highest quality assets in China have collectively surged, especially the four major banks and oil companies, which have seen significant gains.

After the market closed in the afternoon, all the shareholders of Rhine Biologics were like playing Werewolf, hoping that tonight would be another Christmas Eve.

Five o'clock in the evening.

7 p.m.

It's 10 p.m.

The China Securities Regulatory Commission (CSRC) remains silent.

All the retail investors and speculative investors in Rhine Biologics breathed a sigh of relief.

[Eat my big watermelon]: This is so exciting, so exciting! Rhine Biologics is so exciting! Every time the market is closed, it feels like we're doing something illegal, afraid of being ruthlessly punished by the China Securities Regulatory Commission!
[Neighbor Wang]: I was on tenterhooks for half the day and got through another night. Ever since I bought Rhine Biotech, it's been more exciting than going next door to fix the pipes. It's so damn awesome!

[Monk using Pantene to wash his hair]: You gamblers, you're bound to get into trouble sooner or later. You dare to touch stocks like Rhine Biologics, while Jianfeng Group, Hualan Biological and Da'an Gene are still suspended from trading. You're really not afraid of death!

[Little Tissue]: Isn't life a gamble? If you lose, accept the loss; if you win, you're a winner in life!
Zhang Yang probably never imagined that the risk of Rhine Biologics being suspended from trading would attract a group of thrill-seeking "gambling funds".

……

The next day, February 6th.

With the participation of various speculative funds, Rhine Biologics almost unsurprisingly hit the daily limit again, with the stock price reaching 29.58 yuan in the morning session.

The achievement of four consecutive limit-up days also means that Rhine Biologics needs to issue a "Stock Trading Abnormality Announcement" to briefly explain the situation.

At noon.

Rhine Biologics then issued an announcement.

[As confirmed by the company's board of directors, the company's operations are currently normal, and there are no undisclosed material matters, plans, negotiations, intentions, or agreements. There is no need to correct or supplement the information previously disclosed.]
A simple announcement immediately provoked retail investors to voice their anger.

[Violent Little Bear]: Auntie Pudding, couldn't you have posted this after the market closed this afternoon? Why did you have to post it at noon? Are you in a hurry to be reincarnated??

[Tiga My Light]: The decision-makers at Rhine Biologics are a bunch of bastards. They have so much money to drive up the stock price, and they have to do this stupid thing. Can't they just fabricate something to please the market?

[Golden Baba]: You're something else, actually wanting a listed company to commit fraud. Aren't you trying to get it delisted and put on the ST list?
[Wandering Singer]: Hahaha, I'm so scared you gamblers! You don't play value investing, you insist on playing with speculative stocks!

Sun Guodong, who was far away in Ningbo, was also startled when he saw the "Announcement on Abnormal Stock Trading". He asked Xu Xiang, "It seems that the board of directors of Rhine Biotech doesn't really want the stock price to rise. Brother Xiang, should we cash out some of our shares first?"

"It's only been four consecutive limit-up days, no rush."

Xu Xiang said calmly.

Is a four-day winning streak a high score?

For ordinary retail investors, this is very high, because the increase has reached 46.41%. Many retail investors may not be able to achieve four consecutive limit-up days even after playing for two or three years.

However, for top-tier speculative investors, even without the support of a trend or theme, a four-day winning streak is achievable with any small-cap stock.

It's easy to see from the previous round of Rhine Biologics that the stocks manipulated by Xu Xiang usually start with at least eight consecutive limit-up days, and eight consecutive limit-up days is the line at which Xu Xiang usually reduces his holdings and makes profits.

"Brother Sun is much more cautious now," Ma Xinqi joked with a smile.

If he remembers correctly, the four consecutive limit-up days were a period of profit-taking, which dates back three or four years to when they weren't as large as they are now.

Since they've grown so large, they've rarely cared about petty gains.

Just like a white-collar elite who earns 100,000 yuan a month, even if they see ten yuan on the ground on their way home, they are unlikely to bend down to pick it up. Besides not caring, there is also an element of risk aversion.

"Perhaps I'm being a bit overly sensitive and suspicious because I learned my lesson from this ticket last time," Sun Guodong said with a smile.

Last time, Rhine Biologics was crashed, but fortunately, Jianfeng Group stepped in to save the day, otherwise they would have lost millions. Fortunately, in the end, they still made a profit of more than ten million.

As the A-share market closed again at 3 p.m., the Shanghai Composite Index closed at 2767.24, down 0.41%, but the closing candlestick was a red doji.

At this point, some people might ask, if it's a downtrend, why does it close with a red doji star?
The reason is simple: the market opened lower in the morning, then rose all the way up, but was then pushed down by selling pressure at the end of the day. However, it did not break through the opening price, so it closed with a red doji star.

Today, the trading volume of the Shanghai Composite Index also saw a significant increase, reaching 1795 billion yuan, an increase of 200 billion yuan compared to the previous trading day.

The stock price fell sharply on high volume and closed with a red doji candlestick. Looking at the MACD indicator, the red bars show strong buying power, and the DIFF line is above the DEA line, without any bearish divergence. Therefore, many technical analysts believe that the A-share market has clear support and will not correct.

After the A-share market closed, shareholders of Rhine Biologics were once again filled with anxiety.

Four p.m.

Six o'clock in the evening.

eight pm.

They dared not miss a single moment, checking financial news repeatedly, for fear of seeing the iron fist of the China Securities Regulatory Commission.

Fortunately, the China Securities Regulatory Commission (CSRC) did not make any move until midnight.

After another "Christmas Eve," retail investors of Rhine Biologics couldn't help but breathe a sigh of relief and shared their feelings on the stock forum.

[A quick glance]: Hahaha, I haven't received a letter of appeal yet, I'm going to get four consecutive limit-up days!

[King of Speculation]: If nothing unexpected happens tomorrow, it should continue to hit the daily limit. I bought in on Tuesday, and it's already up more than 20%. Stock trading is so much fun, haha!
[Emerald Garden Owner]: Those who play value investing may not even make 20% in a year, but we made it in just a few days. Brothers, cheers to our ingenuity!

[Handsome Guy Ben Ge]: Cheers! Looking forward to Rhine Biologics achieving another twelve-day winning streak and becoming the king of monster stocks in 2009!

It wasn't just retail investors; Zhang Yang also stayed up late tonight.

Fortunately, everything went as expected. The four consecutive limit-up days did not provoke the China Securities Regulatory Commission's iron fist, and he made up his mind to take profits and leave the market.

Like other H1N1 influenza concept stocks such as Rhine Biologics, Jianfeng Group, Hualan Biological, and Da'an Gene, they all face the risk of being suspended from trading for investigation. This is like a ticking time bomb that could explode at any moment.

Now that you've already caught the head of the fish, there's no need to worry about whether you're now in the body or the tail. Taking profits in time is the best strategy.

Many retail investors who lose money do so because they see the potential risks but continue to hold their positions and wait, failing to understand the importance of taking profits and securing them.

Even if you manage to profit from another limit-up move, if the stock opens at the daily limit down the next day, you still won't be able to exit, and yesterday's gains will be wiped out.

The mere two points—taking profits in a timely manner and adhering to discipline—have stumped countless retail investors, not to mention correcting mistakes promptly and conducting post-market analysis.

"Ha~"

Zhang Yang yawned.

He didn't torture his body; he simply turned off the lights and fell into a deep sleep.

June 4th was a good day for him. Not only did Rhine Biologics escape punishment, but Caiyan.com's Securities Investment Consulting Business Certificate was also approved, along with its Value-Added Telecommunications Business License.

It's obvious that Sun Yiheng was behind it all, which shows the importance of building connections.

Now, Caiyan.com only needs to obtain an ICP license (for business purposes) to go online and publish market research reports and other paid sections.

Besides the certificate, Huosu Network also reported that the front-end UI page has been completed according to Zhang Yang's requirements, and screenshots of the test page have been sent to Zhang Yang. Overall, it's good and there aren't any major flaws.

The rapid progress was largely due to the fact that the list of outsourcing companies provided by Zhang Yang all had experience in building financial websites.

Zhang Yang roughly estimates that Caiyan.com will be officially launched by the end of June, but it may be even sooner.

……

Friday, January 6th.

Today is not only Friday, but also the Grain in Ear solar term and World Environment Day.

The arrival of Grain in Ear (芒种) signifies the official arrival of summer, with temperatures gradually becoming hotter, which is particularly noticeable in the south.

As usual, Zhang Yang ordered the buffet breakfast and toiletries, and slipped a 20 yuan tip to the delivery guy to drive the Mercedes S600 to the parking space at the entrance of the open-air parking lot.

In 2009, a 20 yuan tip was no less than 100 yuan ten years later. Delivery drivers were overjoyed and even competed to deliver food to Zhang Yang, just to earn a little more.

While eating breakfast, Zhang Yang browsed through recent events.

The most important and discussed issues in China's capital market recently are the resumption of IPOs and the establishment of the Growth Enterprise Market (GEM).

Restarting IPOs simply means allowing domestic companies to list again.

In September 2008, in response to market volatility and a shortage of funds, A-share IPOs were forced to be suspended.

The resumption of IPOs and the establishment of the Growth Enterprise Market (GEM) can actually be analyzed as a single event. To put it bluntly, it means that a large number of companies will be going public to raise funds in the future.

The lowering of listing thresholds for the ChiNext board and the funding pressure brought about by the resumption of IPOs have led many economists to believe that a large number of companies listing will cause a drying up of market liquidity, putting enormous pressure on the index.

Some financial media outlets went even further, naming names and criticizing the "money grabbing" tactics.

In fact, everyone knows that a large number of companies in China pursue listing in order to raise money. As long as they can successfully go public, the boss's assets and net worth will instantly increase dozens of times!
"It seems that the sharp drop in A-shares is a crisis caused by a shortage of funds in the market."

Zhang Yang muttered to himself.

He is a reborn individual who knew that the A-share market would crash in July or August, and now the reason for the decline is obvious.

The market size isn't that big, and the funds are limited. If the entry threshold is suddenly lowered, who else will fall if the index doesn't?
Zhang Yang didn't care. As long as he managed the risks well, they wouldn't be able to take a single penny from him.

……

After having breakfast, Zhang Yang headed straight for the Hongyue Building located in Qianjiang Times International Plaza.

8 points.

He went up to the top floor again.

"Ding--"

The elevator doors opened, and Zhang Xiaolong was still waiting. He greeted him warmly, "Junior brother, you're here. President Sun is out on business and said you can go directly to his office to trade."

"Out?"

Zhang Yang was stunned. He thought Sun Yiheng would keep watching his trades.

But that's fine, he's going to sell all his holdings today.

"Yes, they went out."

Zhang Xiaolong didn't know where Sun Yiheng had gone either. Since Sun Yiheng was the vice president, he didn't dare to ask, nor could he possibly ask.

"Okay, I'll go there myself. Have you logged into your margin trading account?"

"Logged in."

"Alright, then I won't trouble you."

"Ok."

Zhang Yang went to Sun Yiheng's office alone. Since there was still more than half an hour before the market opened, he didn't forget to send messages to Liao Guopei and Lin Guangchang, agreeing to dump the shares at 9:24:56.

If you place a large order at this time, you can successfully grab the top selling position and have the trading system match the transaction.

[Zen City Shadowless Kick]: Understood.

[Stock Trading to Support the Family]: OK.

After reading their replies, Zhang Yang silently waited for the A-share market to open.

9 points.

A-shares begin pre-market auction.

Rhine Biologics continued to hit the daily limit, requiring no external push; multiple funds were involved in the game and driving up the price.

The current stock price is 32.54 yuan.

At 9:20 a.m., the pre-market trading volume of Rhine Biologics remained healthy, with very strong buying pressure.

9 points.

9 points.

9 points.

When the time reached 9:24, Zhang Yang, Liao Guopei, and Lin Guangchang all silently lowered the price of their chips by one level, waiting for 9:24:50 to arrive.

(End of this chapter)