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

Chapter 138 Financial Research Network Officially Launched

Just as Li Daxiao was shouting "Blooming Bull," which drew cheers from countless retail investors, Xiao Lin, the "provincial representative," also received a call from the State Communications Administration.

"Hello."

"Hello, this is the State Communications Administration. Is this 'Fortune Research Information Co., Ltd.'?"

"Yeah, that's right."

"That's right, your submitted 'Commercial ICP License' has been approved. You can print the qualification certificate from the local communications administration bureau during working days."

"okay."

"Okay, then we won't disturb your work any longer. If you have any questions or anything you don't understand, you can go directly to the local communications administration bureau for consultation. Have a nice day, goodbye."

"Goodbye."

After hanging up the phone, Xiao Lin, the agent, glanced at the ICP filing date of "Fortune Research Information Co., Ltd." and exclaimed in surprise, "Is getting a certificate this efficient now? It's only been less than four working days."

Surprised as he was, he immediately went to collect the paper certificate and called Zhang Yang to inform him that the application had been approved.

Upon learning that the "Commercial ICP License" had been issued, Zhang Yang couldn't help but reflect on the importance of personal connections.

If we wait patiently, we probably won't get the qualification certificate until the end of the month, and it might even be sent back for a second review.

No sooner had Xiaolin hung up than Luo Haoyu, the account manager from Huosu Network, called.

"Mr. Zhang, Neusoft Group has redeveloped the community forum section. This development strictly follows the requirements of the 'Technical White Paper' you provided and uses the ThinkPHP2.1 framework for construction."

"We just ran the website in our internal testing environment, and so far we haven't found any issues with code compatibility. If you have time, Mr. Zhang, you could come over and connect to the network as soon as possible."

"Okay, I'll be right over."

"Then I won't bother you any longer, Mr. Zhang."

After hanging up the phone, Zhang Yang first said goodbye to Liao Guopei and Lin Guangchang, and then headed straight to Zhangjiang Science Park, located on Zuchong Road.

The straight-line distance between Changtai Plaza and Zhangjiang Science Park is no more than 3 kilometers. Including walking time, Zhang Yang arrived at Luo Haoyu's office in just fifteen minutes.

At this moment, in addition to Luo Haoyu and Lei Yibin, the person in charge of the "Caiyan.com" project, the two project supervisors hired by Zhang Yang, Qin Junyu and Yang Wei, were also in the office.

"咚咚-"

Zhang Yang knocked on the door frame to remind them.

"boss."

"The boss is here."

Qin Junyu and Yang Wei hurriedly stepped forward to greet him, and Luo Haoyu also stepped forward, warmly welcoming him and saying, "President Zhang, you've arrived. This way, please. Let's not beat around the bush and go straight to see the live demonstration on Caiyan.com."

"okay."

Zhang Yang nodded.

His two-pronged approach effectively eliminated the possibility of shoddy workmanship or taking kickbacks.

The five people moved to the testing area. Because the code had been deployed for testing, Lei Yibin, the project leader of Caiyan.com, simply tapped a few times, and the website's front-end page appeared on the computer screen.

At the top of the webpage are functions such as user login, communication community, WAP switching, and accessible reading, displayed in black text on a white background.

The next level down is an advertisement titled "For wealth research, go to Caiyan.com" in orange-red with white text.

Further down, on the left is the Caiyan.com logo, next to which is the search bar, and next to the search bar are three quick jumps: check market information, check news, and enter the community.

Looking further down, there are secondary categories. For example, the first column on the far left is "Stocks," with the word "Stocks" in a darker black. To the right are its subcategories, which are marked in light gray: Market Data, Must-Read, Data, Futures, and Options.

In addition to stocks, there is a global section, with sub-sections including US stocks, Hong Kong stocks, foreign exchange, futures, and gold.

The finance section includes Focus, Commentary, Domestic, International, and Special Reports.

Below the secondary categories are four main functional sections: Market Data Center, Global Stock Market, Data Center, and Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect.

Further down, you'll find various news items in dark blue and blue tones, with a chart of A-share market trends on the left.

Since there is no data access, the intraday chart area is blank, and only the words "Shanghai Composite Index" can be seen at the top.

Overall, the layout is very pleasing to the eye, and Wenshi Haihui truly lives up to its reputation as a company with experience in developing financial websites.

Click on the intraday chart.

Zhang Yang looked at the smaller version of the time-sharing chart on the lower left. His requirement for the website was that the main page should display all the functions, and users who were interested would naturally jump to the secondary pages.

"despair--"

Lei Yibin clicked the mouse.

Since there is no access to stock market data, the secondary webpage is laid out in a blue color scheme and contains very little information.

"How is it, Mr. Zhang? Are you satisfied?" Luo Haoyu asked.

"Let's take a look at the speculative capital sector."

Zhang Yang looked at the section bar at the top of the website.

The "hot money" section of Caiyan.com is the feature he values ​​most, with the aim of attracting hot money to join and give lectures.

Lei Yibin opened the speculative capital section. The data was not imported either. However, this section had three functions: each speculative capital investor had their own exclusive channel, exclusive fan badge, and column.

To attract speculative capital, you must offer something to entice them.

What can attract speculative capital?
money?

That's certainly possible, but speculative investors don't expect to make money on financial websites.

Aside from money, the only thing that can attract speculative investment is fame.

A person's life is nothing more than the pursuit of fame and fortune.

First, let's talk about profit and gain. Profit is interest. Marx's "Capital" mentions that if there is a 50% profit, capital will dare to take risks. For a 100% profit, it will dare to trample on all human laws. If there is a 300% profit, it can commit any crime and even risk being hanged.

The word "profit" lowers the bottom line of human nature, and it is also the first pursuit of human instinct, because with money, one can solve survival and physiological problems.

As for the character "禄" (lu), the number of people taking the civil service exams every year already demonstrates its importance, especially in the eastern Shandong region, where everyone hopes to wear an administrative jacket.
Ultimately, merit and fame are like those of soldiers guarding the frontier. They do not seek money, profit, or women; what they pursue is the achievement of defending the frontier.

As for fame, some are willing to die for it, some give up their fortune for it, and some suffer greatly for it.

Regardless of culture or country, who wouldn't want to be remembered for eternity and have their name passed down through the ages?

……

After witnessing the complete front-end design of "Caiyan.com", Zhang Yang nodded in satisfaction and said, "Not bad, when will the gray-scale test begin?"

The so-called gray-scale testing is actually internal testing.

We will first open it to a select group of users, for example, by inviting 500 real users, to observe issues in actual operation, such as loading speed under different network environments and feedback from real user behavior. This is a supplementary step after internal testing.

"At the latest, the day after tomorrow, Mr. Zhang, will you invite beta testers yourself, or will you release the test to a random pool?" Luo Haoyu asked.

"I can invite them," Zhang Yang thought of the retail investors in the research report group.

He now has two VIP market research report groups with more than 900 members each. If you include the free group, there are more than 2000 people, which is enough for them to conduct tests.

If we were to use traffic acquisition, the user profiles might not be so accurate.

“If the basic functions are working fine, then we need to start launching the website. I’ll contact the IDC data center later. What do you think, Mr. Zhang?” Luo Haoyu asked again.

His question was actually asking whether Zhang Yang had completed the formalities.

Because he had looked at the overall functions and layout of "Caiyan.com", he had a general understanding of the website's specific profit model.

Now that all the other permits except for the "Commercial ICP License" have been approved, Zhang Yang didn't think much of it and said, "Okay."

He did a lot of research to make this financial website work.

For example, Zhang Yang currently has two options for data providers.

1 refers to the Shanghai and Shenzhen Stock Exchanges.

2 is a third-party data provider.

Directly connecting to the Shanghai and Shenzhen Stock Exchanges' data is not only expensive, costing 150 million yuan a year, but also requires hiring a professional team to handle real-time data and maintain stability.

However, if you use a third-party data provider, such as Wind or Tonghuashun, it's much simpler; you can just use the data directly.

I consulted both companies. Tonghuashun is 50% cheaper overall. For example, the stock trading data for "Shanghai, Shenzhen and Hong Kong" costs 30 yuan a year. If you want the stock market data for Asia-Pacific and Europe and the United States, you have to pay another 30 yuan.

The price quoted by Wind is RMB 120 million per year for Shanghai, Shenzhen, Hong Kong, Asia-Pacific, European and American stock markets and historical databases, with a minimum subscription period of 3 years.

Zhang Yang originally wanted to consider Wind, as it is the leading stock data provider in China. However, considering that the website would need its own data processing team as it grew, Zhang Yang decided to choose Tonghuashun, which offered better value for money, as a temporary solution.

Once the website is up and running, it will directly connect to the data from the Shanghai, Shenzhen and Hong Kong stock exchanges.

Anyone who has run a website knows that outsourcing is only suitable for the early stages of a startup, because at this time, high efficiency and cost savings are key.

However, if outsourcing is used continuously, firstly, privacy data is easily leaked, and later maintenance and iteration are difficult. Most importantly, outsourcing teams may choose a generic solution for quick delivery, ignoring the company's future development needs, resulting in the website architecture being unable to support subsequent functional expansion or technical upgrades.

Whether it's Tonghuashun, Eastmoney, or NetEase Finance, they all transitioned from outsourced development to in-house operation and development.

……

Over the next three days, Zhang Yang made a special trip to the Hangzhou headquarters of Tonghuashun and negotiated a price of 50 yuan per year for the all-inclusive data access, while also thanking Sun Yiheng and Liu Hua.

Liao Guopei and Lin Guangchang, two speculative investors, have been accumulating shares in the Changtai office building and building up their positions in Kainuo Technology.

Because they are top-tier speculative investors, they don't need to be high-profile or worry about anything.

Give them a direction for the transaction, and Liao Guopei and Lin Guangchang will naturally know how to proceed.

Xu Zhiruo and Xu Zhirou were assigned to the finance department by Zhang Yang, and were also responsible for the overall operation of Caiyan.com.

Currently, Caiyan.com has only two senior executives: Qin Junyu and Yang Wei. The former belongs to the technology project department and liaises with Huosu Network, while the latter belongs to the administration and human resources department and is responsible for administrative supervision, recruitment, and other tasks.

On Friday, June 12th, as many as 57 people joined Caiyan.com, including financial editors responsible for writing financial news, analyzing industry hot topics, and tracking trends.

It's worth mentioning that financial editors don't need prior work experience. To be precise, any recent graduate from a finance-related university or a finance-related field can do the job.

Xu Zhirou used a secondary account to recruit on the Shanghai Finance and Economics School forum using her flamboyant name, and received more than 200 job applications in half a day.

If it were someone else, they might not have achieved the same effect, but Zhang Yang is very famous in Shanghai Finance and Economics; it wouldn't be an exaggeration to call him a prominent figure.

The phrase "Zhang Yang founded the company" is more effective than any advertising slogan.

Ten financial editors, each earning a monthly salary of 6000 yuan, would have monthly expenses totaling 60,000 yuan.

Five visualization data analysts are responsible for creating visualizations of economic data published by major countries around the world. Their monthly salary is 8000, while their monthly expenses are 40,000.

Ten website operators are responsible for user acquisition, retention, event planning, and community management. Their monthly salary is 4000 yuan, and their monthly expenses are 40,000 yuan.

Fifteen content moderators are responsible for reviewing the risks associated with user comments. Their monthly salary is 3000 yuan, which adds up to 45,000 yuan per month.

In addition, there are financial compliance specialists, business cooperation managers, marketing specialists, cleaning staff, receptionists, website customer service staff, and other employees.

On June 13th and 14th, after populating the website with financial content and integrating data from Tonghuashun, Zhang Yang, Xu Zhiruo, and Xu Zhirou all breathed a sigh of relief. The expenses of a financial website far exceeded their expectations.

You think development is the main part?

Operations are key!

Just the basic salaries of employees, not even counting social insurance and housing fund contributions, amount to 37 yuan per month, or 444 million yuan per year. No wonder Pony Ma wanted to sell Tencent back then; if he couldn't find a way to make a profit, the server costs and labor costs would be outrageous.

However, things are different now. Back then, Tencent couldn't find a way to make a profit because the internet wasn't widespread yet, and advertisers were still used to investing in television commercials.

Nowadays, any company that keeps up with the times will choose to invest in internet advertising, especially since financial websites have a very diverse profit model.

1. Advertising revenue.

2. Paid features.

3. Resale of financial products.

4. Traffic monetization.

Once the website's daily active users increase, you can use the backend data to negotiate partnerships.

Currently, the website's revenue mainly comes from paid features, such as the "Caiyan.com" exclusive intraday alert service, which costs 120 yuan per month.

……

Monday, December 6nd.

Today is the day Zhang Yang decided will be conducting a gray-scale test of Caiyan.com.

He arrived at the company early in the morning, along with Xu Zhiruo, Xu Zhirou, Qin Junyu, Yang Wei, as well as content editor Chen Yan, review supervisor Yuan Meng, and other senior executives.

"Mr. Zhang." "Good morning, Mr. Zhang."

Zhang Yang glanced at everyone and called out, "Come to the conference room, I have something to say."

A group of company executives followed them into the conference room, found their seats, and sat down on either side.

Zhang Yang did not sit down, but stood and said, "Today is the first day of user testing for Caiyan.com. I don't want anything to go wrong. All functions must be guaranteed to be foolproof."

"From 8:40 to 9:00, I will conduct the first wave of traffic generation. The operations team must accurately track the number of visitors and the traffic during the morning session."

"In addition, we must pay close attention to the traffic monitoring of each section. I need to know which sections users focus on, and also the paid commenters. They must post genuine comments and not give away any clues."

The so-called "internet trolls" are not those who stir up trouble, but rather those who, as Caiyan.com is just starting out, need someone to take the lead and warm up the atmosphere.

When QQ first launched, Pony Ma even worked part-time as a chat companion.

Why work part-time as a chat companion?

Aside from wanting to experience their own products, the only other reason is that there aren't enough users, so they have to create their own environment.

"Anything else to add?"

Zhang Yang scanned the crowd.

There were people he knew and people he didn't know among them. Zhang Yang gave Xu Zhiruo and Xu Zhirou a lot of authority because he had too many things to handle, especially the speculative capital column, where he was the main writer of the content.

The question was raised, and everyone looked at each other in surprise. Xu Zhirou glanced at the executives and said, "Data security cannot be ignored. Many hackers like to practice on small websites. If an attack is detected, we should immediately notify the outsourced security team."

In 2009, an era of rampant growth, many methods were extremely brutal. The simplest way to bring down a website was through a Trojan horse attack.

If the site is forced to shut down for even one day, it will lose users.

Because people have behavioral habits. For example, when it comes to stock trading, if you are used to using Eastmoney to analyze and communicate the market, but Eastmoney is shut down for half a month, this habit will be worn away, and you may switch to another financial website, such as Tonghuashun or Sina Finance, to analyze the market.

Website security is a lifeline.

“That’s right. If we encounter a Trojan attack, we should report it immediately,” Zhang Yang agreed.

He has also considered the issue of website protection. If the user feedback is positive, he will consider integrating Qihoo Technology's security team.

Few people may remember Qihoo Technology, but if you mention Qihoo 360, many people will know it instantly.

In an era where most antivirus and security software is paid, Qihoo 360 is not only free, but also more user-friendly than the paid security software on the market.

It's no exaggeration to say that, apart from being difficult to uninstall, it's really hard to find any fault with it.

The client application is free, but Qihoo Technology charges for enterprise partnerships.

Ultimately, however, we still need to wait for the gray-scale test data from Caiyan.com to be released.

……

8 points.

Employees arrived one after another.

Because it was the first day of the gray-scale test, the executives were all on patrol, and the company employees dared not slack off on this day.

"Ding--"

Liao Guopei arrived at the office floor.

The receptionist saw the visitor and quickly greeted him, "Mr. Liao."

"Good morning."

Liao Guopei was secretly delighted.

He never imagined that one day he would be called "General Manager Liao"!
Because they rented an entire floor, the office area is nearly 3000 square meters, and Zhang Yang has made strict divisions of it.

Side C, near his office, belongs to speculative investors and trading teams.

Areas A and B are the office areas of Caiyan.com.

Caiyan.com is just a small piece of Zhang Yang's business empire; what he really wants is a stable and profitable financial empire!

To facilitate Liao Guopei and Lin Guangchang's access to and from the company, they registered their information as the General Manager of Caiyan.com Financial.

Liao Guopei arrived at the finance office, where Lin Guangchang had arrived before him. Lin Guangchang smiled and said, "President Liao is here. Please have a seat, haha."

"Tsk tsk tsk." Liao Guopei shook his head and couldn't help but sigh, "Joker is really something, he actually got a financial website up and running. How much money did he have to invest?"

“We can’t call him Joker anymore. According to our current positions, we should call him Chairman Zhang or General Manager Zhang,” Lin Guangchang joked.

Liao Guopei didn't dwell on that, but instead asked, "Do you think it's possible for Caiyan.com to break through the competition and replace established players like Eastmoney, Tonghuashun, and Sina Finance?"

"It's possible, but the chances are slim."

Lin Guangchang smiled.

He had worked in state-owned enterprises and knew that if a company wanted to become a leader, it first needed to find capital to rely on.

Many entrepreneurs don't actually lack money when it comes to angel rounds, first rounds, and second rounds of financing; rather, they use this opportunity to network and build connections.

For example, if Tencent invests in a round of financing, your company will have a Tencent background. Once it has the potential to become an industry leader, Tencent, as a large capital entity, will pave the way and generate greater investment returns.

Zhang Yang's financial research website has not engaged in any financing cooperation. It is like a wild grass growing independently. Lin Guangchang doesn't know how tall or thick it can grow, but he feels that it can't compare to financial websites backed by large capital.

"So pessimistic?"

Liao Guopei pressed for an explanation, still puzzled.

Lin Guangchang smiled and said, "Sometimes, state-owned enterprises are more ruthless than private enterprises. I'm just saying what I've seen."

……

Financial Research Network, Chairman's Office.

Zhang Yang sat in the ergonomic chair, waiting for time to pass by, while constantly organizing the text content he wanted to send in his mind.

8 points.

He opened the VIP market research report group 1, pasted the text content that he had already prepared last night, and then pressed the send button.

"Snapped--"

[Dear investors and finance enthusiasts:]
Hello! After months of careful preparation, "Wealth Research Network" is officially launched for testing today. We focus on global financial trends and are committed to providing you with real-time market data, in-depth analysis, and professional data to help you grasp the pulse of the market and make decisions one step ahead!
24/7 rolling news: covering all areas including stocks, funds, and foreign exchange, with breaking financial news delivered in seconds.

Investment research tools: financial report analysis, industry maps, making investment analysis more efficient.

Expert Columns: Gathering the views of hundreds of senior analysts, unlocking exclusive investment strategies, and providing market insights from top speculative investors.

Personalized subscription: Customize the sectors and stocks you follow, ensuring "zero interference" in information reception.

Claim your free launch bonus for a limited time! Register before July 1, 2009, and receive an electronic gift pack of "Investment Guide for Beginners" worth 888 yuan.

Enjoy free first-month membership benefits, including access to research report downloads, market risk alerts, and data export.

Invite a friend to register, and both of you will receive 15 days of market risk alerts!
Click the link below www...com, or search for "Wealth Research Network" in your browser to find this site.

In the future, we will continue to optimize our services and provide more professional services, working with you to explore the infinite possibilities of the financial world!
The team behind the wealth research website.

June 15, 2009.
After the announcement was released, Zhang Yang added, "Due to business adjustments, intraday risk alerts will no longer be sent via QQ groups. Please register on 'Caiyan.com' (www.caiyan.com). Register before July to enjoy a 30-day free trial."

He then copied the message to Group 2, as well as Free Group 1, Free Group 2, and Free Group 3, and tagged all members.

All of a sudden.

The various groups were in an uproar.

[White Sanctuary]: Holy crap! Wealth Research Network? Who are you, group admin? You've even started a website!
[Xiaofeifei]: You made that much money? As far as I know, it takes at least 100 million yuan to build a financial website. Group owner, are you some rich second-generation entrepreneur?
[Just Love Little Lolis]: I just clicked on the website and took a look. Wow, I thought it was some low-quality forum, but it turns out to be a legitimate financial website!
[Awe-inspiring]: Domestic financial news, major international news, stock, futures, foreign exchange, and gold data—who exactly is Joker?
[Setting Sail]: Are you suggesting we're internal testers for a website feature? Just based on this risk warning, I have to take a look.

With just one simple traffic-generating campaign, over 400 individual investors flooded into Caiyan.com, registering accounts and logging in.

Those who had always refused to pay for free services all rushed to register when they saw that they could enjoy a 30-day free membership.

By 9 a.m., the number of registered accounts on Caiyan.com had reached 1174 and was still rising, all drawn by the intraday risk alerts and the promise of free memberships.

Zhang Yang opened Baidu Tieba again, logged into his Joker account, and sent out the website announcement he had just posted in the QQ group.

Caiyan.com is officially launched! It offers 24/7 rolling news updates, professional investment research tools, and investment experience sharing from market experts. Register now to receive a beginner's investment guide worth 888 yuan and a gold membership worth 1999 yuan. Don't miss this opportunity!

The post title is quite long, but Zhang Yang has tried his best to showcase the highlights of Caiyan.com with the fewest possible words.

For financial websites, both paying users and free users can increase daily active users in the early stages.

Daily active users are a bargaining chip and a key metric for advertisers.

If there are 10 daily active users, Zhang Yang can easily collaborate with insurance companies, advertising companies, or other websites.

Stock market investment is active income, while running Caiyan.com is an excellent passive income source with room for growth.

……

As 9:15 AM arrived, the door to speculation in the A-share market reopened.

Last Friday, both major indices experienced their darkest moment. The Shanghai Composite Index closed at 2734.76, down 1.91%, while the Shenzhen Component Index closed at 10524.13, down 1.64%.

The fundamental reason for the "Black Friday" was the collective pullback of heavyweight stocks. Some market commentators claimed that star managers such as Wang Yawei, Shao Jian, and Chen Zhimin were dumping shares.

The decline in CPI and PPI also had an impact, but these two indicators were released on June 10th, and since the market had already digested them, A-shares were not significantly affected.

另外在6月11号，世界卫生组织将H1N1流感的警戒级别提升至最高级别，这标志着全球范围内，H1N1流感正处于大规模流行状态。

After two rounds of speculative frenzy, coupled with the "deterrent" measures of the China Securities Regulatory Commission, no funds dare to speculate on the H1N1 flu concept anymore.

Putting aside whether retail investors will follow suit, are you afraid of the China Securities Regulatory Commission's iron fist?

Fines are a small matter, but the continuous decline following a trading suspension and investigation is fatal.

In addition, a short article circulated over the weekend suggesting that domestic monetary policy may tend to tighten.

In the first half of 2009, domestic credit expanded beyond expectations, with new loans exceeding 5 trillion yuan in the first five months. However, the overall net profit of enterprises and various economic data fell short of expectations, and rumors circulated online that the government would implement a contraction and adjustment.

Putting aside unverified reports, it is certain that international copper and aluminum prices, as well as other industrial metal prices, have corrected due to the H1N1 flu being raised to the highest level. Investors are once again worried that the global recovery will fall short of expectations due to the H1N1 flu.

Zhang Yang scanned the A-share market, quickly entering the codes for sectors such as banking, securities, and non-ferrous metals, and switching back and forth between them.

As of 9:17 AM, the banking sector showed no signs of pullback or decline, and even the securities sector withstood the impact of negative news and maintained a positive trend.

However, Ganxi Copper, Huaguo Aluminum, and other non-ferrous metal stocks all experienced significant declines.

"The sectors leading the decline are non-ferrous metals, coal, chemical fibers, and steel, all of which are traditional industries. It seems that the market is worried about a slowdown in economic recovery, but the short essay did not affect the financial sector."

Zhang Yang clicked on the insurance sector, and Ping An Insurance also saw a significant increase, currently trading at 47.2 yuan, a rise of 4.66%.

Insurance stocks surged, bank stocks remained stable, and securities stocks rose slightly, indicating that the market has no belief that the government will tighten credit policies.

Because 2009 was the year of recovery from the subprime mortgage crisis, all countries were ramping up their efforts to escape potential economic deflation.

Should we tighten it now?
is it possible?
The market thinks the short essay is nonsense.

After briefly summarizing the market situation, Zhang Yang organized his thoughts and then edited the pre-market alert in the website's permissions section.

[Affected by the pullback in international copper and aluminum prices, non-ferrous metals saw a significant correction in the morning session. However, the market was not affected by the false news over the weekend. Banks opened flat, securities opened slightly higher, and the insurance sector saw a surge in trading volume. More attention should be paid to heavyweight index sectors.]
Zhang Yang clicked "send".

All of a sudden.

All registered users received a notification in the bottom right corner.

[Financial Research Network Morning Market Reminder]: Affected by the pullback in international copper, aluminum, and other industrial metal prices...

The closer it gets to the resumption of IPOs, the more one can feel the divergence among funds in the A-share market.

H1N1 influenza was originally a very good short-term theme, but due to the speculation by hot money such as Zhang Yang, Xu Xiang, and Zhang Jianping, no one dares to manipulate the market anymore.

If Zhang Yang were to summarize the current A-share market, it would be that there is no short-term main theme, funds are very chaotic, and it should theoretically be declining and adjusting. However, due to the resumption of IPOs and the imminent establishment of the ChiNext board, the index is not allowed to fall, and state funds have been intervening to support the market, which feels somewhat distorted.

Many "freeloaders" and Zhang Yang's loyal QQ group subscribers immediately opened the chat community to share the information after seeing the pre-market alert.

[Being handsome is a gift]: Pay more attention to the weighted index sectors. Could it be that, as Teacher Da Xiao said, the Chinese stock market should value size?

[Depressed and unhappy]: Is this a pre-market alert? Interesting. I'm already half-positioned in heavyweight stocks; I'll buy some more depending on the situation.

[Ultraman]: What's the point of buying heavyweight stocks? A real man should buy at the limit up price, either making a 10% profit or losing a 10% loss.

[Loves Chocliz]: I don't understand, so I'm asking. Was the pre-market warning issued by the Joker God? If it was the Joker God, then I'll be fully invested forever and forever moved to tears!!

　On June 26th, the Shanghai Composite Index was at 3448.45 points. Readers with the June monthly ticket stub number 0000045 can join the group to contact me. Everyone can check their ticket stub numbers. The deadline for claiming the prize is July 1st. If no one claims it, it will be distributed on the 1st, just like the accumulated prize pool for monthly tickets.

　　Oh, by the way, there will be a lucky draw for a hundred-digit red envelope tomorrow!
　　
　
(End of this chapter)