Starting with a fully invested A-share portfolio to become a capital...
Chapter 136: Connections Begin to Show Their Effectiveness, Controlling the Stake in Kaino Technolog
Chapter 136: Connections Begin to Show Their Effectiveness, Controlling the Stake in Kaino Technology
While Zhang Yang was still compiling the May manufacturing PMI data, far away in Yanjing, in a courtyard house in Dongtangzi Hutong, Bao Xingwei was leisurely reclining on a wooden rocking chair in the inner room of the main room.
Assistant Cheng Hongfa stood beside him and said softly, "Director Bao found out. It turns out that Zhang Yang wasn't just thinking of becoming a retail investor. He also registered a company called Wealth Research Information Company, which recently passed the qualification review."
“Wealth research?” Bao Xingwei muttered to himself, then laughed, “I knew he never told the truth.”
When he first heard that Zhang Yang had rejected his guaranteed admission and was going to become a retail investor, he felt it was unreliable. To be precise, he felt that Zhang Yang hadn't told him the truth.
Looking at it now, it is indeed the case.
Retail investors.
Start a business.
If all of this is successful, it would indeed be better than going to work in a company.
Cheng Hongfa: "He does like to only say half of what he means, and he's arrogant and conceited. He even refused to go back to Yanjing with you to broaden his horizons."
"Hey!"
Bao Xingwei waved his hand and corrected, "You can't say that. Everyone has their own ambitions. The path I gave him might be the easiest, but that doesn't mean the path he chose was wrong."
"Yes Yes Yes."
Cheng Hongfa nodded repeatedly.
After figuring out Zhang Yang's future development path, Bao Xingwei said, "Keep an eye on Zhang Yang's movements, and while you're at it, give Lao Wang a call and ask him to keep an eye on things."
"Take care of Zhang Yang?"
Cheng Hongfa didn't quite understand.
The other party has rejected Bao Xingwei three times, so why is he now providing him with convenience? Isn't this just a waste of time?
"Although that kid won't come back to Yanjing with me, I cherish talent and also want to see what great things he can accomplish." Bao Xingwei's words were full of undisguised admiration. To this day, the scene of Zhang Yang standing on the podium and debating with a group of scholars is still etched in his mind.
People who reach Bao Xingwei's level no longer need to network upwards; instead, they look downwards for valuable potential partners.
Not only Bao Xingwei, but also Peng Ge from the Central University of Finance and Economics, Xiong Xinghuai from Peking University, Zhao Yanfeng from Tsinghua University, and other financial giants, often mentioned the names of Zhang Yang and He Jing after returning to their respective universities from Shanghai University of Finance and Economics.
It's similar to "the neighbor's kid," often used to suppress students from the same school.
Even Zhang Yang and He Jing may not know that they have never been to Tsinghua University, Peking University, Central University of Finance and Economics, or Southwestern University of Finance and Economics, but their stories are all over the campus.
Even today, Zhang Yang's controversial post remains pinned to the top of the Shanghai University of Finance and Economics forum.
……
And on the other side.
Wancheng Huafu.
Built in 2004, this residential community is located on Bagou Road in Haidian District. It is bordered by the Kunyu River to the west, Wanquan Xinxin Jiayuan to the east, and Wanliu Park to the north, making it a very advantageous location.
At that moment, inside a residential building, Xu Yan'an personally poured wine and greeted, "Director Lin, it is truly an honor for you to be our guest."
"No, no, no." Lin Feng quickly stood up, feeling a prickling sensation on his back, and said, "It is an honor for me to visit Academician Xu's residence. Please don't say that."
The phrase "It's an honor" completely stunned Lin Feng, even causing him to blurt out his Beijing accent.
Although he wields some power, compared to Xu Yan'an, who holds the title of Academician of the Chinese Academy of Medical Sciences, he is nothing!
He probably knows more retired bigwigs than he has relatives.
Don't think that retired bigwigs aren't bigwigs; their trusted confidants are all in high positions.
Xu Yan'an placed the wine glass in front of Lin Feng, looked at the simple four dishes and one soup on the table, and said with a faint smile: "Don't be so reserved, come and try the snacks I made to go with the wine. If there is anything wrong with the taste, I will have to ask you to point it out."
"If Dean Xu cooks it himself, it will definitely be green, healthy, and incredibly fragrant. I'm so lucky!"
"Haha, try it and see how it tastes."
"Then I'll try."
Lin Feng picked up a piece of braised pork and praised it repeatedly, saying, "It's fatty but not greasy, and very fragrant. It's comparable to those big restaurants in Beijing."
"Try this one too, stir-fried river shrimp."
"The meat was tender and juicy, and the cooking time was just right. It wouldn't have tasted the same if it were even a second less. I thought I was going to eat some kind of Australian lobster!"
"These vegetables are just right, they're sweet."
"Pork rib soup is my favorite drink."
Lin Feng's praise was practically a testament to his desire to improve.
After a hearty meal, Xu Yan'an revealed his purpose: "Director Lin, there's something I might need to trouble you with."
"Academician Xu's matter is my top priority, Lin Feng's top priority. I would do anything, even go through fire and water," Lin Feng said, patting his chest with righteous indignation.
"It's not like it's a life-or-death situation, it's just that my daughter and I started a financial website together, and these past two days she's been crying to me about how long it's been waiting for the commercial ICP license."
"no problem."
Lin Feng agreed immediately after hearing Xu Yan'an's explanation.
Xu Yan'an: "The paperwork is definitely complete, I just hope to skip the line for review."
"No problem, leave it to me." Lin Feng thought it was something big, but he could handle this little thing with his eyes closed.
The reason why it takes fifteen working days to obtain an "Operating ICP License" is mainly because there are too many people who want to start a business now, and they all think they are the next Ma Yun and Liu Qiangdong.
"Thanks in advance, I'll treat you to a nice meal later." Xu Yan'an poured Lin Feng another glass of wine and said with a smile.
Lin Feng, being a smart man, quickly remarked, "This meal is excellent, even better than what you get at restaurants. If Academician Xu weren't so busy, I'd love to come over for a free meal every day."
The best way to get closer to someone is to integrate into their life.
If Lin Feng could really come over for meals often, he would have made a top-notch connection, and that's what he really meant by "not eating at all."
Xu Yan'an smiled slightly and agreed, saying, "No problem, no problem. You can come anytime as long as you're not busy."
"Haha, okay."
After a brief chat, Lin Feng silently noted down the names of the companies he was interrogating before leaving Wancheng Huafu.
After Lin Feng left, Xu Yan'an sighed and complained, "Other people don't rely on their fathers to start a business, but Ruoruo only causes me trouble."
After venting his frustrations, he suddenly remembered something and muttered to himself, "Zhang Yang, the guy I started this business with, sounds familiar. I need to find some time to learn more about him."
Because he was afraid that Xu Zhiruo would be deceived, he specifically asked Xu Zhirou to keep an eye on things. Now Xu Yan'an couldn't figure out whether it was Xu Zhiruo starting the business or him, Xu Yan'an, starting the business.
……
at the same time.
Hangzhou, Jiangsu and Zhejiang province.
A private room in a star-rated hotel.
Because Liu Hua had promised Zhang Yang that she would help him obtain an "Operating ICP License," Sun Yiheng not only drank three or four glasses of wine but also gave her a Moutai gift box before the matter was settled.
After the VIPs left, Sun Yiheng dialed Liu Hua's number.
"Dududu-"
After a few busy tones, the call was connected.
Before Liu Hua could speak, Sun Yiheng heard a commotion on the other end of the line, like the noise of machinery working overnight at a construction site.
"What is it, Yiheng?"
"Zhang Yang's matter has been taken care of."
"That's all taken care of. Is there anything else?"
"That's all." Sun Yiheng had barely finished speaking when he quickly asked, "Is General Manager Liu's construction site still running?"
Liu Hua: "Yes, we just acquired two plots of land. Recently, property values in Jiangsu and Zhejiang have been rising very rapidly, so we can take advantage of the high point to make a fortune."
"I see."
Sun Yiheng nodded slightly.
Since the "4 trillion yuan investment plan" was launched across the country, the seeds of rising housing prices have already been sown.
It's not just developed regions like the Yangtze River Delta; even some provincial capitals in central and western China have seen property speculators move in.
"House prices are going up, but hopefully they won't go too high. Maybe we should buy two and keep them as reserves?"
After hanging up the phone, Sun Yiheng pondered whether the house had any investment value.
"Forget it, I might as well buy gold."
He waved his hand, giving up the idea of hoarding houses, but little did he know that this decision would cause him to miss the main upward wave in the real estate market.
……
Monday, December 6nd.
Although it was still the day of the National College Entrance Examination, it did not affect the opening of the A-share market.
Before 8 a.m., a Mercedes-Benz S600 with license plate number ZY888 drove out of Shanghai University of Finance and Economics and headed straight for the Shanghai Nuobao Hotel in Minhang District.
Halfway through the drive, the Nokia phone placed under the center console started playing the song "I Believe" as its ringtone.
Zhang Yang glanced at the caller ID; it showed 95533, the official number of China Construction Bank.
He casually picked up his phone, pressed the answer button, and said, "Hello."
"Hello, Mr. Zhang."
"You said."
"I am Zeng, the follow-up manager from the head office of China Construction Bank. I am calling to inform you that the remittance of 1069 million yuan from Hongyue Investment Co., Ltd. has been received. I would also like to conduct a simple questionnaire survey with you. May I take five minutes of your time?"
Zhang Yang was overjoyed. If the 1069 million yuan remittance arrived, his bank account balance should be around 1150 million yuan.
Due to road closures and strict speed limits for the college entrance examination, Zhang Yang not only had to take a long detour, but his speed was also limited to 50 kilometers per hour, so he decided to listen to what the other person had to say.
"You say it."
"Okay, thank you."
After receiving Zhang Yang's permission, Manager Zeng first expressed his gratitude and then asked, "This remittance amount is 1069 million yuan, which is an extremely large remittance and involves interbank payment. We would like to know your impressions of the overall processing speed and the service attitude of the staff. If you were to rate it, 1 point is the lowest and 10 points is the highest. How would you rate China Construction Bank as a whole?"
Zhang Yang: "10 points."
"Okay, thank you, Mr. Zhang."
As soon as Manager Zeng finished speaking, he asked, "Mr. Zhang, do you usually make any investments? For example, funds, stocks, or gold?"
"So that's what it was all about."
Zhang Yang sneered inwardly. Sure enough, no one comes to this place without a reason. After all this talk, he must be here to sell fund investment products.
Many banks and fund companies have partnerships with them, and there are extremely high rebates. Some branches even have mandatory purchase quotas.
"I play the stock market."
"..."
The other party fell silent, then immediately realized where the money came from.
After a moment of silence, he said, "Alright then, thank you for taking the time to participate in this follow-up visit. We have recorded your feedback in detail. If you have any further financial service needs, please feel free to call 95533. Have a nice day, goodbye."
Since the other party has been playing the stock market and has achieved extremely high profits, it is impossible for them to buy funds. Zhang Yang is clearly not a target customer and cannot be developed into a customer, so there is no need to waste words on him.
As for retaining deposits, that's the job of other managers.
"Goodbye."
Zhang Yang hung up the phone.
As soon as I hung up the phone, a bank notification popped up saying my money had been deposited into my account.
[尊敬的客户,您尾号2389的建行账户于2009年6月8号8点42分收到华国币10690000元(大写:壹仟零陆拾万元整)转账汇款,可用余额11670489元,备注:共同投资获利。]
Zhang Yang and Hongyue Investment signed an "Investment Cooperation Agreement," and the current remittance remarks are for investment profits.
With this 1167 million, plus the 690 million leveraged financing left in Hongyue Investment, Zhang Yang could personally mobilize 1857 million.
With a combined capital of 1857 million, plus the capital of Liao Guopei and Lin Guangchang, the total capital of the three of them has exceeded 100 million.
Based on the principle that short-term control of a stock only requires 10% of the circulating shares, it is entirely possible to attempt to control the stock of Kainuo Technology.
As Zhang Yang drove and planned, he arrived at the Nuobao Hotel without even realizing it.
He called Liao Guopei and said, "I'm at the hotel entrance, come down."
"Right away."
Not a moment.
Liao Guopei walked quickly out of the hotel.
Perhaps he hadn't slept well, or perhaps for some other reason, his face was a little pale.
"What's wrong?" Zhang Yang asked casually as Liao Guopei sat in the passenger seat, noticing that his expression was off.
"I guess it's because of the change in environment. I had diarrhea six or seven times and couldn't eat anything," Liao Guopei said, describing his symptoms.
Zhang Yang glanced at him and said, "A direct flight from Sanya to Shanghai is over 2,000 kilometers. You might experience some water and soil acclimatization issues. Why don't you go to the hospital for an IV drip first?"
"It's nothing, the diarrhea stopped with montmorillonite powder. Let's go to the Guangfa Securities Zhonghuan Road branch," Liao Guopei said, waving his hand.
This branch was recommended by Lin Guangchang, and it's rumored that the commission rate can be negotiated down to 0.03%, or three ten-thousandths.
The Huaxin Securities account that Zhang Yang is currently using has a commission rate as high as 0.1%, charged once for each buy and sell transaction, which is 0.2%, which is ridiculously high.
But this is the kind of arrogance that big securities firms have. Huaxin Securities has no shortage of clients, and since Zhang Yang's initial capital was small, they were unwilling to adjust the fees at all.
However, as the A-share market hit a historic low in 2008, various small and medium-sized securities firms began to compete for the clients of large securities firms.
For example, Guangfa, Galaxy, and Huatai all have fee rates ranging from 0.05% to 0.07%, and large clients can continue to negotiate.
……
The ten-minute journey passed in the blink of an eye. Zhang Yang parked the car in a roadside parking space and then walked into the Shanghai Central Ring Road branch of GF Securities with Liao Guopei.
"Would you two like to open an account?"
As soon as I entered the business office, the receptionist immediately asked what my purpose was.
"Open up the seating area."
Liao Guopei answered for Zhang Yang.
"Opening up trading...trading capital seats, is that right?" The receptionist straightened her back a bit and silently memorized the two people's appearances.
"Yes, how much is it per year?" Liao Guopei asked with practiced ease.
"Please wait a moment, I'll contact the account manager for you." The receptionist picked up the phone on the table and dialed the internal line.
Less than half a minute later, a client manager in his forties, wearing a white shirt and with his hair slicked back, strode over and looked at Zhang Yang and Liao Guopei, asking, "What are your names?" "Zhang."
"Liao".
"Mr. Zhang, Mr. Liao, my name is Wang Lin. You want to open up access to the speculative trading platform, right? Do you have a securities account with GF Securities?" Wang Lin continued to inquire.
"It was his idea to do it."
Liao Guopei looked at Zhang Yang.
Zhang Yang, Lin Guangchang, and Liao Guopei had discussed it privately and decided to use different brokerage firms. They reasoned that if they were in the same brokerage firm, their daily trading funds would accumulate, making it easier to appear on the list of top traders when they jointly pushed up the price.
"No, just opening an account at the same time."
Zhang Yang responded.
Wang Lin's eyes lit up, and he gestured for them to come this way, saying, "This way, please."
The three moved to Wang Lin's office, where he didn't waste any words and offered a discount: "Currently, opening an account with GF Securities offers a rate of 0.05%. Considering Mr. Zhang's large capital, we can offer an additional 0.01%, which is 0.04%."
"I heard it could be as low as 0.03%, and that was last year. With such fierce competition among brokerages now, it's likely that the rates could be even higher."
Zhang Yang said unhurriedly.
Seeing that the other party was not easily fooled, Wang Lin smiled and explained, "There is indeed a 0.03% discount, but the threshold may be relatively high, requiring a bank-to-securities transfer amount of 10 million."
“I do want to deposit 1000 million, but the discounts you’re offering aren’t good enough. Let’s go check out other branches.”
Zhang Yang looked at Liao Guopei, about to get up.
When you have the upper hand at the negotiating table, you can always retreat to advance.
His words made it very clear that he was telling Wang Lin: I want to deposit 1000 million, but I am not satisfied with the conditions you have offered. If you don't lower the fees, I will choose other securities.
Wang Lin, a seasoned veteran, naturally understood what Zhang Yang meant and quickly urged him to stay, saying, "Mr. Zhang, please wait a moment. We've negotiated the discounts, let's talk some more."
"Manager Wang, just tell me straight, what's the lowest commission rate?"
Zhang Yang got straight to the point.
Wang Lin hesitated for a moment, then said, "30,000 is indeed the maximum discount we can offer. If Mr. Zhang is willing to transfer 10 million from bank to securities, we can grant you a five-year exemption from trading restrictions and also open a Hong Kong Stock Connect account for you."
"Can you do it for 20,000?"
Just as Zhang Yang finished speaking, he added, "Huaxin Securities and Guotai Junan Securities can both offer 0.03% commission. If Guangfa Securities is still offering 0.03%, then I would rather choose Huaxin Securities."
He hadn't spoken with Huaxin Securities or Guotai Junan Securities, but when it comes to negotiations, you always need to find your own leverage.
Seeing that Zhang Yang had gone this far, Wang Lin could only stand up and say, "I need to ask for instructions."
"Go."
Zhang Yang sat down again.
Wang Lin then quickly went to find the leader.
After more than ten minutes, he returned and said, "Mr. Zhang, it's not that I don't want to give you a discount, but the lowest we can offer is 0.025%. What do you think?"
How much is the seat fee for speculative investors?
Zhang Yang immediately relented.
He wanted to try and see if he could get a lower rate.
Don't underestimate the low commission rates. Take 0.025% and 0.1% as examples. For a single transaction, the commission would be 0.05% and 0.2%. For a transaction of 1000 million, the brokerage commission would be 5000 yuan with a 0.025% commission, and 20000 yuan with a 0.1% commission.
The difference between 5000 and 20000 is 1.5. Wouldn't it be better to use the remaining money to buy yourself some new clothes or for other consumption?
Moreover, this is just one transaction. If it were multiple transactions, each costing 1.5, even top-tier speculative investors would feel the pinch.
When Wang Lin saw Zhang Yang agree, he was overjoyed and said, "For speculative trading seats, or more accurately, fast trading channel fees, there are two packages: a 100-person channel costs 25 yuan per year, and a 50-person channel costs 35 yuan per year."
It's worth mentioning here that the so-called "speculative capital seats" are a registration line with strictly limited numbers of participants.
In normal stock trading, retail investors send trading instructions to securities companies, which then send trading requests to the trading systems of the Shenzhen Stock Exchange or the Shanghai Stock Exchange.
The lines used by ordinary retail investors may be shared by thousands or tens of thousands of people, which will naturally be much slower.
The fast trading channels used by speculative capital, namely trading seats, may only have a few dozen people, and some may even have dedicated lines.
Whether it's retail investors or speculative capital, the transaction requests are submitted by securities companies to the two major exchanges.
"About 50 people."
Zhang Yang was not stingy with money.
A trading channel with fewer people can effectively increase the probability of escaping the top and the speed of selling off.
This explains why, even though many retail investors and speculative investors saw the "black swan news" at the same time, the speculative investors fled in a flash, while the retail investors were left hanging at the top.
"Shall I take you to process it?"
Wang Lin inquired.
“Okay.” Zhang Yang stood up.
……
The account opening process was very quick; Zhang Yang completed the account opening and activated his trading seat permissions in less than half an hour.
[尊敬的客户,您尾号2389的建行账户于2009年6月8号9点41分支出华国币35万元(大写:叁拾伍万元整)转账汇款,可用余额11320489元,备注:50人交易通道开通费用。]
[尊敬的客户,您尾号2389的储蓄卡于6月8号9点47分银转证支出华国币10000000元(大写:壹仟万元整),可用余额1320489元。]
Zhang Yang transferred the money from his bank card to his securities account, and China Construction Bank immediately sent a notification SMS to his Nokia mobile phone.
After fulfilling the contract, which stipulated that 1000 million yuan would be placed in the securities account for at least 15 trading days, Zhang Yang and Liao Guopei did not linger and went straight to the next brokerage.
Half an hour later, the two arrived at the Guotai Junan Securities Shanghai-Sujiang Road branch.
This branch is a bit special; it's the branch that Xu Xiang frequently uses.
The speculative capital seats are like a public toilet; anyone can use them if they pay.
Xu Xiang currently uses four brokerage branches frequently, namely...
1. Galaxy Securities Ningbo Jiefang South Road Branch.
2. Guotai Junan Securities Shanghai-Sujiang Road Branch.
3. Dongfang Securities Shanghai Baoqing Road Branch.
4. Dongfang Securities Shanghai-Zhaojiabang Road Branch.
It's worth mentioning that whether it's a fast trading channel with 100 people, 50 people, or even fewer, the name on the Dragon and Tiger List will be the name of these business departments.
In order to better influence market sentiment, some small-time speculators will deliberately use the brokerage seats commonly used by well-known speculators.
Zhang Yang and Liao Guopei came here hoping to use Xu Xiang's pseudonym.
Not only Xu Xiang's pseudonym, but Lin Guangchang has also gone straight to Lin'an to open a trading account at the brokerage firm that Zhang Jian usually uses.
Although Zhang Jianping is hostile to institutional investors, his reputation can stir up the emotions of retail investors when necessary.
……
One after another, Liao Guopei opened four seats: two were the brokerages that Xu Xiang often used, one was a brokerage that no speculative funds were interested in, and one was still far away in Changcheng.
When I returned to Shanghai, it was already dark, but only the sky was dark. The city of Shanghai, shrouded in a river of neon lights, seemed like a beacon that would never go out.
Zhangjiang, Changtai Plaza.
The BMW 5 Series and Mercedes-Benz S600 drove into the underground parking lot one after the other. After waiting for more than ten minutes in the elevator room, Lin Guangchang finally saw Zhang Yang and Liao Guopei.
"joker."
"Shadowless Kick"
"To support the family."
After spending two days together, the three of them still preferred to call each other by their online names.
"Let's go up. We should start making plans tomorrow. This target is pretty good, and I have some inside information," Zhang Yang said calmly.
"Inside story?"
"What inside story?"
Liao Guopei and Lin Guangchang's expressions changed slightly.
They knew Zhang Yang was no ordinary person; anyone who could get inside information about listed companies was no pushover.
For example, top speculative investors like Xu Xiang, Zhang Jianping, and Qiu Baoyu couldn't possibly have amassed billions of yuan in funds without inside information and connections.
The relationships between listed companies, speculative capital, institutions, private equity, and public funds are things that ordinary retail investors can hardly imagine.
They are like a vast, transparent net, and their prey is the retail investors who have nothing.
"Kainuo Technology has a coal asset that needs to be restructured and listed. The market is currently very keen on companies undergoing asset restructuring. This round of acquisitions may double our assets."
Zhang Yang admitted frankly.
As they were talking, the three of them entered the elevator, and Zhang Yang pressed the button for the sixth floor.
"What kind of company is Kaino Technology?" Liao Guopei had no knowledge of this stock and had no recollection of it at all.
It is a joint venture between Sanmao Group and Jiangyin
The company, jointly invested by the Third Fine Wool Spinning Factory, Jiangyin Xieli Wool Textile Factory, Jiangyin Zhenhua Wool Knitting Factory, and Jiangyin Sanmao Sales Co., Ltd., primarily engages in the garment industry.
"Ding--"
Just then, the elevator doors opened.
The office floor was still lit up. As soon as Zhang Yang, Liao Guopei, and Lin Guangchang came out, they ran into Xu Zhiruo and Xu Zhirou.
"It's so late, haven't you gone home yet?" Zhang Yang asked instinctively.
"We were just about to head back. Zhang Yang, what are you planning to do at the company so late?" Xu Zhiruo asked curiously.
“Let’s discuss tomorrow’s trading.” Zhang Yang stepped aside and introduced, “These two are the ‘Shadowless Kick’ from Chancheng, who make a living by trading stocks. They are well-known speculative investors in the A-share market. I plan to set aside a separate trading area on the office floor.”
"Zen City Shadowless Kick (⊿)!"
Xu Zhiruo's pupils widened in shock. She quickly stepped forward to greet him, saying, "Teacher Wuyingjiao, it really is you! I've even read your trading insights."
"Haha, just writing whatever comes to mind."
Liao Guopei smiled.
“Xu Zhiruo, my classmate,” Zhang Yang introduced the two, then looked at Xu Zhirou next to him and said, “That’s my schoolmate, Xu Zhirou. These are twin sisters.”
Liao Guopei and Lin Guangchang exchanged a glance and quickly introduced themselves.
“Joker’s alumni are our alumni. My name is Liao Guopei. You can also call me Shadowless Kick or Kick Bro.”
"Lin Guangchang, I make a living by trading stocks. You can just call me Yangjia or Brother Lin."
After a brief introduction, Xu Zhiruo immediately abandoned her plan to leave when she heard Zhang Yang was going to formulate a control plan, and happily followed him to the conference room.
Xu Zhirou was also curious about how Zhang Yang had befriended Liao Guopei and Lin Guangchang.
In the adult world, it's always about exchanging value. Zhang Yang must have some corresponding value to be able to be on friendly terms with Liao Guopei and Lin Guangchang.
Judging from the expressions of the three men just now, Xu Zhirou could keenly sense that Lin Guangchang and Liao Guopei were led by Zhang Yang.
"How much money did he actually make by leveraging his position?"
Xu Zhirou murmured to herself.
……
Moving to the conference room, Zhang Yang glanced at the two major indices. On June 8, the Shanghai Composite Index closed at 2768.34, up 0.52%, while the Shenzhen Component Index closed at 10611.75, down 0.52%.
It's rare for the Shanghai Composite Index to rise while the Shenzhen Component Index falls, which usually indicates that the market has entered a correction phase.
why would you say so?
The Shanghai Composite Index turning positive indicates that heavyweight stocks have stabilized the market, which may be due to government funds providing support.
The difference between the Shenzhen Component Index and the Shanghai Composite Index lies in the fact that the former represents emerging industries, covering multiple sectors such as information technology, finance, and consumption, and represents technology and innovation.
However, today's decline was mainly due to the drag on the index from the biopharmaceutical sector.
Jianfeng Group, Hualan Biological, and Da'an Gene have all resumed trading, but all of them hit the daily limit down, causing countless retail investors to cry out in despair.
As for Rhine Biologics, the China Securities Regulatory Commission has not yet released the results of its investigation.
However, given the severity of the previous penalties, it's highly likely that the punishment will be lenient.
As Zhang Yang predicted, opening the intraday chart of Kainuo Technology, it rose 3.07% today, closing at 4.37 yuan, influenced by the May manufacturing PMI export data.
Upon opening the door to Kainuo Technology (later acquired by Heilan Home through a reverse takeover), Zhang Yang scanned the four people and said, "According to the first quarter report, its total share capital is 646604078 shares, its total value is 28.2 billion yuan, and the number of retail investors is 81211."
"The restricted shares account for 34%, which is 2.19 million shares, while the actual circulating shares are only around 4 million shares. Among them, the top ten circulating shareholders are..."
“Zhangjiagang Free Trade Zone Rongde Trading Co., Ltd. 437 million shares, Geng Zhiguang 383 million shares, Honggang Metallurgical Materials Co., Ltd. 335 million shares, Zhu Jianhua 175 million shares, Jiangyin Xieli Wool Textile Factory 149.9 million shares…”
"The top ten shareholders hold about 20 million shares, which means there are still 380 million shares, with a total value of 16.6 billion."
Zhang Yang paused for a moment, then continued, "To manipulate a stock in the short term, you need 10% of its circulating shares. That means 1.66 million is enough to control Kainuo Technology."
"Currently, our funds are probably still insufficient, but for ultra-short-term control, only 5% is needed!"
Zhang Yang reiterated, "We only need 5% of the circulating shares to influence the price movement of a stock within 15 trading days!"
"So I've decided to start buying Kainuo Technology on dips starting tomorrow, wait for positive news to come out, raise the price for two to four days, and then dump it."
When the phrase "directly dumping shares" was uttered, both Liao Guopei and Lin Guangchang swallowed hard. This wasn't about playing mind games; it was a tactic to lure people in and then crush them.
"What do you think?"
Zhang Yang looked at the group of people.
Looking at Zhang Yang, who was in complete control and spoke with confidence in every word, Xu Zhiruo raised her hand and said, "Very good, Zhang Yang is the best!"
Xu Zhirou had to admit that Zhang Yang did have some charm.
Especially when giving speeches or making statements, they possess a natural leadership quality that makes people want to listen to them.
Liao Guopei and Lin Guangchang exchanged a glance, both agreeing that Zhang Yang's assessment was quite plausible. This was the first time someone had helped them analyze the manipulability of a stock.
"I have no opinion."
"It's all up to you."
Upon hearing this, Zhang Yang smiled calmly and made the decision: "Alright, let's start the operation tomorrow!"
(End of this chapter)
You'll Also Like
-
From martial arts sects to immortality sects
Chapter 232 37 minute ago -
Douluo Continent: Martial Soul Young Gilas, Sandstorm King!
Chapter 126 37 minute ago -
I'm incredibly ambitious after being reborn.
Chapter 62 37 minute ago -
My God Raising Game
Chapter 75 37 minute ago -
Douluo Continent: I, Huo Yuhao, have a Beast Taming Space
Chapter 97 37 minute ago -
Genius Playground
Chapter 48 37 minute ago -
Hot Wavelength
Chapter 70 37 minute ago -
All heavens, let's begin with the Divine Elephant's Prison-Suppressing Power!
Chapter 87 37 minute ago -
Douluo Continent: A Review of the Top Ten Martial Souls, Qian Renxue Breaks Through Defenses
Chapter 111 37 minute ago -
I build a shelter in the eternal night.
Chapter 70 37 minute ago