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

Chapter 143 Financial Research Network Has Great Potential; Suicide Squad Uses Rumors to Save Themselves
June 21st, the summer solstice.

The summer solstice is the tenth of the twenty-four solar terms, usually falling on June 21st or 22nd of the Gregorian calendar. When the summer solstice arrives, it means that the temperature across the country will rise sharply.

For ordinary stock investors, weekends are a rare time for rest.

However, for Zhang Yang, the tasks on the 20th and 21st are even more important.

Since the official launch of "Caiyan.com" on June 15th, he not only needs to manage stock trading and control the market, but also needs to take care of financial information and the final review and adjustment of market research reports.

Simply put, all the financial news and market research reports published on Caiyan.com need to be reviewed by him.

It is precisely because of Zhang Yang's oversight that the financial news and market research report channels of Caiyan.com have seen a gradual increase in visitors.

Currently, the main producer of market research reports is "Caiyan.com Wealth Research Account," and there is no "Expert Column" yet. Zhang Yang also cannot afford to hire financial experts to join the column.

Over the past six days, Caiyan.com's Wealth Research account has published ten market research reports. The number of views for the first report has increased from 439 to 942 for the tenth report, demonstrating a significant effect.

Zhang Yang currently positions Caiyan.com's profit model primarily on membership fees and advertising revenue; he is not considering other avenues for the time being.

Besides the financial news and market research report channels, the community forum is the most visited section of Caiyan.com. Zhang Yang plans to design a traffic redirect from the community section to the "Top 100 Investors" list.

The "Fengyunbang" (Winners and Sellers List) was named by Zhang Yang himself; it's essentially a list of honors for speculative investors.

Currently, the Hot Money List only records active speculative capital in the market, such as Xu Xiang, Zhang Jianping, Qiu Baoyu, and Liao Guopei.

Of course.

Zhang Yang himself is also on the list.

Each of the top investors on the trending topics list has its own dedicated channel.

Currently, the only registered and certified speculative investors are Liao Guopei (Shadowless Kick of Chancheng), Lin Guangchang (Stock Trading to Support the Family), and Zhang Yang (Joker).

The development of this feature was also well received by Liao Guopei and Lin Guangchang. When they were not trading stocks, they would post their experiences and insights on their own dedicated channels.

As a second-tier speculative investor, Liao Guopei didn't forget to promote his Weibo account when posting his experience.

In less than three days, his personal channel gained more than 3900 fans and he opened a fan club called "Foot Family Army".

One more thing worth mentioning is that Xu Zhiruo and Xu Zhirou have signed a traffic-driving contract with Baidu's promotion department, and the two parties agreed...

1. Search binding: Baidu needs to bind Caiyan.com to similar financial websites in search results, and the displayed page must be on the first page.

2. Promotion on Baidu's own pages, such as the small window on the search homepage and text recommendations.

3. Billing rules: For real users accessing Caiyan.com from Baidu channels, the commission is 0.5 yuan per visit. Multiple visits from the same IP address within 15 minutes will not be charged.

In short, Baidu will continuously drive traffic to Caiyan.com. Every time a user accesses Caiyan.com through "Baidu Search" or Baidu's own channels, a commission of 0.5 yuan will be deducted. This will only be calculated once every 15 minutes.

Before signing the contract, Zhang Yang had read the terms in advance and did not find anything wrong with it. In fact, he felt that his family had gotten a good deal.

The price of 0.5 yuan is significantly lower than the industry average, and with the added benefit of Baidu's own channel recommendation, it's practically a steal.

Since the traffic was introduced on the 19th, the number of daily visitors to Caiyan.com has exceeded 10,000. The retention rate of the first batch of users who participated in the gray-scale test on June 15th was as high as 53%, which has far exceeded the expectations of Zhang Yang, Xu Zhiruo, Xu Zhirou, and other company executives.

In particular, Yang Wei and Qin Junyu practically treated the company as their home after seeing its potential.

Life offers many opportunities, but few people are able to seize them.

Take the college entrance examination for example. Many people have heard their parents and teachers say since they were young that the college entrance examination is very important, but those who can truly seize this opportunity are all geniuses who are one in ten thousand.

……

Zhang Yang worked until late at night to compile a briefing on the events of the weekend and the news to be conveyed on the 21st's "News Broadcast," which was then released through the Caiyan.com information channel.

[Weekend Briefing from Financial Research Network]:

1. On June 20, 2009, the college application process entered a critical stage. College admission consultation meetings were held in Beijing, Nanjing, Guangzhou and other places. Many college application agencies said that the number of telephone inquiries had increased significantly this year.

Beneficial sector: Education.

2. In the early morning of June 21, a major explosion occurred at Jingxin Mining, causing serious damage to the office building and surrounding buildings. The cause of the accident was that the company illegally stored 5-7 tons of explosives. After more than 20 days of storage, the fire caused by unknown reasons triggered the explosion.

Negative sectors: Chemicals and Civil Explosives.

3. On June 21, China Petroleum & Gas Corporation announced that its subsidiary, China Petroleum International Business (Singapore) Co., Ltd., had completed the acquisition of a 45.51% stake in Singapore Petroleum Corporation for approximately US$10.2 billion. Meanwhile, international oil prices broke through US$70 per barrel, more than doubling from the low point in February.

Beneficial sectors: petrochemicals and traditional energy.

4. On June 21, the first China Sunshine Private Equity Summit was held in Shanghai. At the summit, well-known investor Shi Bo proposed the view that "the fourth industrial revolution is a low-carbon economy". He emphasized that the global economy is transitioning from high carbon to low carbon, and energy conservation, emission reduction and new energy fields will become new investment hotspots.

Beneficial sectors: low-carbon economy, green energy.

5. The U.S. International Trade Commission (ITC) recommended imposing punitive tariffs on tires imported from China, at 55%, 45%, and 35% respectively, to be implemented over three years.

Negative sectors: Export trade and auto parts.

……

9. The "State-owned Shares Transfer Policy" was implemented, requiring newly listed companies to transfer 10% of their state-owned shares to the National Social Security Fund to replenish social security funds. The policy was officially implemented on June 29 and aims to balance the development of the capital market with social welfare.

This is good for stabilizing the overall market index.

10. The Federal Reserve announced that it would maintain the benchmark interest rate at 0.25% in June and continue to inject liquidity through quantitative easing.

This is beneficial to emerging markets worldwide.

Within 10 minutes of the briefing being released, it had been viewed over 1200 times, and the comments section at the bottom was filled with heated discussions.

[Stock trading is so much fun]: Oil is on the rise, the index is also on the rise, and the Federal Reserve has not taken any new actions yet. I feel that the Shanghai Composite Index can return to 6000 points this time.

[Horse Treading on a Flying Swallow]: Newly listed companies are required to transfer 10% of their state-owned shares to the National Social Security Fund. Does this mean that the IPO process is being prepared for a restart?
[暮暮朝朝]: Damn Americans, I was wondering why the country was criticizing trade protectionism the other day. It turns out the International Trade Commission (ITC) recommended imposing punitive tariffs. Isn't this a classic case of being unable to play the game?
[Loves Popsicles]: A weekend of mixed feelings. If it weren't for the US imposing tire tariffs, the index could have broken through 3000 points tomorrow.

[Calm and breezy]: Yes, this time it's tires, but what about next time? Clothes, food, appliances? I wonder if the export trade sector can hold up; I have a large position in it!
Looking at the soaring views on the news briefing and the constant stream of comments, Zhang Yang couldn't help but sigh, "All the hard work these past few days has paid off. Once we have half the size of Eastmoney, we can consider transforming our business or partnering with other fund sales platforms to generate profits."

The reason he created Caiyan.com was not only to increase his stable income, but also to use it to secure his first piece of business territory.

Zhang Yang is currently a player in the stock market, but a pawn in the financial world. To become a "financial player," he must develop a business empire.

Just like the US-led Bretton Woods system established after World War II, which pegged the dollar to gold and established a "dual peg" system through the Bretton Woods Agreement, thus elevating the dollar to the throne of currency.

If we focus only on military and technological development and ignore the importance of comprehensive development, our northern neighbor has already shown the world the answer through its disintegration.

It is precisely this integration of economy, military, and technology that has enabled the United States to achieve unipolarity and become the absolute hegemon of the world today.

In his previous life, as a Wall Street elite, Zhang Yang witnessed the business layout of Jewish capital. They used two venture capital firms, BlackRock and Vanguard, to control 90% of the world's high-quality private companies, something that entrepreneurs in 2009 could hardly imagine.

Because he has foreseen future developments, Zhang Yang's strategic vision is unmatched by ordinary entrepreneurs and investors.

……

While Zhang Yang was celebrating the initial success of Caiyan.com, Xu Xiang, Sun Guodong, Ma Xinqi, and other daredevil speculators in Ningbo were holding a celebration banquet.

"This toast is to wish Brother Xiang continued success in his career and that he can win over any girl in America!"

"One floor isn't enough. If you ask me, Brother Xiang's career needs to reach ten floors. What's the point of chasing girls? Real men let the girls chase them!"

"That's right! I wish Brother Xiang's private equity business will reach new heights, and the girls who want to sleep with Brother Xiang will line up from Ningbo to go to America."

"cheers!"

"cheers!"

Inside the opulent private room, more than thirty members of the daredevil team raised their glasses in celebration.

Xu Xiang, sitting in the main seat, had a ruddy complexion and a smile on his lips. He raised his glass and slowly stood up, saying, "I, Xu Xiang, wouldn't have gotten to where I am today without the help of all my brothers. This glass is a toast to my brothers in the suicide squad."

"it is good!"

"Brother Xiang has a great capacity for alcohol!"

"Brother Xiang is awesome!"

The speculative investors all chimed in and echoed the sentiment.

Setting down his glass, Xu Xiang glanced around the private room and finally looked at Xu Haiou, saying, "This second glass is for Da Xu. If it weren't for his connections, I don't know when I would have been able to get the Private Fund Manager License."

While Xu Xiang was speaking, the tall, beautiful woman sitting next to him quickly poured him a drink.

As Xu Xiang picked up his wine glass, Xu Haiou also picked up his glass and said, "I didn't actually contribute much; it was the leader's own excellence that made me stand out!"

"Enough with the pleasantries, let's drink!"

Xu Xiang shouted.

As everyone downed their glasses of baijiu, the celebration banquet continued until the early hours of the morning.

When the event ended in the early hours of the morning, some people went to get foot massages, some went home to rest, and some went to do some late-night poverty alleviation work.

Xu Xiang, Xu Haiou, Sun Guodong, Ma Xinqi, and Shu Yimin, all slightly drunk, arrived at the foot massage center together.

While enjoying the massage, Xu Haiou took the initiative to start a conversation, saying, "Now that we have a private equity license, the rules have changed. The helmsman has to maintain good relations with listed companies."

“Before, we were the ones currying favor with mutual funds; now those mutual fund managers have to acknowledge us as their fathers, haha.” Sun Guodong couldn’t help but laugh.

Speculative capital is involved in market manipulation, which inevitably requires dealing with institutional investors.

No matter how rich an individual is, they can't possibly be as rich as millions of individual investors combined. Therefore, speculative capital is at a disadvantage when facing institutional investors.

Even Zhang Jianping, a top-tier figure, was so badly hurt by the institutions that he began to question his existence.

It's like a fund of 5000 million yuan throwing a single coin at you; no matter how tough you are, you can't withstand such a beating.

“I’ve already been contacted by mutual funds to help me out, but I don’t want to pay them any attention.”

Xu Xiang smiled lightly.

The so-called "carrying the sedan chair" refers to using Fund A to buy a certain stock and drive up its price, then having Fund B take over at a higher price, so that investors in Fund A profit while Fund B suffers losses.

This kind of strategy requires private equity funds to profit from it. If two public funds mutually inflate each other's prices, the problem is easily detected.

Because mutual funds are required to publish their net asset value daily, the fund manager's specific operations can be roughly inferred from the investment portfolio, subscription and redemption list, and percentage increase.

Private equity funds are completely different; they only need to disclose information on time each quarter.

Wall Street investment banks have said that the ultimate destination for top investors is private equity, because private equity not only allows you to leapfrog your social class, but also gives you access to insider trading that is unimaginable to ordinary people.

Which mutual fund company?

Ma Xinqi asked casually.

"An acquaintance of Penghua Fund, I estimate he will personally visit me in a few days," Xu Xiang said confidently.

"I know who it is..."

Just as Ma Xinqi was about to guess, Shu Yimin suddenly raised his voice and said, "Little sister, you're quite good at massaging feet. Shall we go out with the guests?"

This remark not only interrupted Ma Xinqi but also reminded others to be mindful of their words, as it wasn't their own venue.

Despite his overweight physique, Shu Yimin is anything but simple-minded; as one of the "Three Musketeers," he is the most intelligent.

"We don't allow people to go out from here."

"Just want to be friends. I've had too much to drink and need someone to take me home."

"Then... okay then."

Shu Yimin inadvertently raised his left hand, revealing his Rolex gold watch, which immediately changed the female technician's mind.

If you don't present yourself well when you're out and about, even if you're making tens of millions a second, people will just think you're bragging.

But if you flaunt your wealth and demonstrate some real strength, even if you're just bragging, you might still be able to get things done.

Just like a Ponzi scheme, it initially relies on appearance and eloquence to deceive people. If you can't present yourself well, who will invest in your project?
After Shu Yimin's reminder, Xu Xiang, Ma Xinqi, and others stopped talking about private equity and public funds and focused on enjoying the service experience provided by the female technicians.

……

at the same time.

Lujiazui Talent Apartment.

Wearing beige pajamas, with her slightly wavy hair casually revealing her shoulders, He Jing was browsing news briefings on Caiyan.com.

She didn't rest over the weekend; instead, she produced a market research report on economic recovery, submitted it to China Asset Management Co., Ltd., and uploaded it to Caiyan.com.

Why was it submitted to China Asset Management Co., Ltd. instead of to Tao Yuang?
It's quite surreal. The last time Tao Yuang went to Huaxin Securities to recruit people, he brought He Jing, Lai Weijie, Dong Lulu and other students from Shanghai University of Finance and Economics into his fund team. Then, the leaders of Huaxia Fund put He Jing in charge of fund projects on her own and she was no longer Tao Yuang's assistant.

to be frank.

He Jing was completely bewildered.

Not only her, but Tao Yuang was equally bewildered.

He went to Huaxin Securities to recruit students from Shanghai University of Finance and Economics purely out of respect for Zhang Yang.

But he never expected that Zhang Yang's influence would extend to China Asset Management Co., Ltd., where an intern would be in charge of a fund project.

Of course, Tao Yuang also considered that this might not be Zhang Yang's arrangement, after all, he knew that the latter was short of money.

So who exactly is making these arrangements?

Tao Yuang thought of He Jing's family background.

However, after investigating, he found nothing unusual; He Jing's family was just an ordinary family with two teachers.

Although teachers have extensive family connections, they are unlikely to be of much help in the financial field.

However, this is the first time since China Asset Management Co., Ltd. has entrusted an intern with the planning of a fund project on his own. "The presentation was well done; Zhang Yang really does succeed at everything he does."

He Jing smiled faintly.

She could clearly sense that Caiyan.com had extremely high development potential, especially the "Weekend Briefing" function, which was a feature that neither Eastmoney nor Tonghuashun had launched.

[Ding, upload complete!]
When the webpage popped up a notification, He Jing casually clicked to close it. After browsing the news for a while, she closed her laptop and went to bed.

Before drifting off to sleep, she wondered again who was secretly helping her.

Despite being an intern, she independently planned a public fund, and now the entire China Asset Management Company treats her like a second-generation rich kid.

However, only He Jing herself knew that she was just a girl from an ordinary family who wanted to make a name for herself in the financial field.

……

The next day, February 6th.

With Monday's arrival, Caiyan.com saw a surge in user traffic. By 8:40 a.m. alone, the number of visitors had reached 6900, and the total number of visits had exceeded tens of thousands.

The first thing Zhang Yang did upon arriving at the company was to check the website's retention rate.

It's worth mentioning that when Xu Zhiruo and Xu Zhirou went to Yanjing on a business trip and signed the contract, Zhang Yang, considering that both of their parents were in Yanjing, simply gave them a paid leave so that they could spend time with their parents. This also served as a way to encourage them to consult with Baidu if any problems arose.

Yu Meijiao from the operations department spotted Zhang Yang from afar. As he approached, she quickly greeted him, "Good morning, Mr. Zhang."

"Good morning."

While responding politely, Zhang Yang inquired, "How are the seven-day retention rates for the first batch of users, as well as the retention rates for users acquired through referrals?"

财研网是6月15号凌晨上线，8点40分开启灰度测试，抵达22号8点40分后，刚好过去7天。

"The retention rate of the first batch of users in the gray-scale test reached 49%, only 4% less than yesterday, which shows that our website has very high user stickiness!"

"We officially launched the traffic acquisition on the 19th, and the number of users who visited the site was 24996. The three-day retention rate reached 57%, and the number of registered members was 17669, all of which far exceeded expectations."

Yu Meijiao became more and more excited as she spoke, as this was the first time she had encountered a website with such a high retention rate since she started working in website operations.

She also consulted industry insiders, who said that if she kept the current website data, she could directly use the data to seek financing.

I missed the penguins.

I missed out on Alibaba.

I missed Sina.

She also wanted to seize the opportunity.

Apart from Yu Meijiao, the other employees of Caiyan.com felt they should seize the opportunity, as this might be one of the few opportunities in their lives to become senior executives in the company.

“That’s right, the data is fluctuating significantly. Contact me immediately,” Zhang Yang said with a smile.

Yu Meijiao: "Okay, Mr. Zhang."

After reviewing the website data, Zhang Yang turned and walked towards the C-side office area, sending a group message as he did so.

[Zhang Yang]: The 7-day retention rate during the gray-scale test was 49%, and the 3-day retention rate after user acquisition was 57%. We added 1.7 new registered users. If we keep this up, there will be a surprise at the end of the year.

When Zhang Yang's message was sent to the company's management group, everyone couldn't help but feel secretly delighted. The website data was their best stimulant, especially some department heads, who were all there for Zhang Yang's reputation.

[Hao Shuai]: Received!
[Chen Xianzhong]: Received!
[Liang Xiaoqian]: Received!
[Yang Wei]: Received!
Behind every "received" message lies the motivation for employees to work even harder. This is a unique incentive for startups, because for ordinary people who want financial freedom, the best chance is to bet on a company with potential.

……

As soon as Zhang Yang entered the finance conference room, Liao Guopei, who had arrived earlier, eagerly asked, "What's the year-end surprise?"

obviously.

He saw the group message.

Zhang Yang smiled calmly and said, "Give them the money."

For company employees, receiving money is the biggest incentive; everything else is just nonsense.

Working is for making money, not for fulfilling the boss's ideals. Zhang Yang understands this well and knows that money is what unites people's hearts.

"So it was about giving out money."

Liao Guopei immediately lost interest.

"If you don't want to give money, what do you want to give?" Zhang Yang asked as he sat down.

"He probably wants to replace you, Joker, and become the boss of Caiyan.com. He's got a rebellious streak!" Lin Guangchang joked with a smile.

"Don't talk nonsense!" Liao Guopei quickly denied it, and said righteously, "We are sworn brothers from Shanghai, like Liu Bei, Guan Yu and Zhang Fei. As the second brother, my main principle is brotherhood."

"Brothers are in our hearts, but if something happens, you can't get through on the phone," Lin Guangchang continued to joke.

"Okay, let's get down to business."

Zhang Yang didn't pay attention and instead steered the conversation back on track, saying, "Check how much money we have on hand right now."

"All my accounts, including my holdings, total 8500 million Chinese yuan," Liao Guopei replied quickly after glancing at the document data.

As a speculative investor with multiple accounts, he meticulously records the detailed data of each account after the market closes.

Lin Guangchang glanced at it and replied, "It's 2400 million here."

"Including my 1200 million and the 780 million leveraged account, the total funds have reached 1.3 million, which is a good start," Zhang Yang said, praising the fund as he calculated the total.

The three have signed a "Joint Investment Agreement," stipulating that they will divide the profits of the month on the last trading day of each month.

Liao Guopei initially recorded funds of 7900 million, Lin Guangchang 2000 million, and Zhang Yang 1000 million.

In other words, since they took control of Kainuo Technology and cleared out all their shares, and then started to invest in the Shanghai and Shenzhen weighted indices, they have made a total of 12.9 million yuan. According to the 5:3:2 ratio, Zhang Yang can take 645 million yuan, Liao Guopei gets 387 million yuan, and Lin Guangchang gets 258 million yuan.

Their ability to make money so quickly is not only due to the size of their capital, but also to Zhang Yang's accurate judgment of market trends.

在出清凯诺科技以后，他们就立马布局了指数权重股，刚好吃到了6月17、18、19号的连续上涨，重仓的工商银行更是给出了1.44%、2.63%、2.37%涨幅。

To achieve long-term profitability in the stock market, one must not only learn various investment strategies, but also understand how to "adjust portfolios and switch stocks".

When Kaino Technology was targeted by a major shareholder, we immediately switched to trending heavyweight stocks to ensure continued profitability.

How to trade today?

Lin Guangchang inquired.

Over the weekend, even he had heard rumors that Kainuo Technology and Meijin Group had broken up and the acquisition plan had been shelved.

Liao Guopei also looked at Zhang Yang, who was now the backbone of the team.

“Sell the weighted shares and then invest in Kaino Technology,” Zhang Yang said calmly.

"Re-enter?"

"Re-enter?"

Liao Guopei and Lin Guangchang spoke in unison.

Suddenly! Liao Guopei realized something and quickly asked, "Could it be that the news of the talks breaking down is false? Did you deliberately leak it, Joker?"

"Wait a minute, I've heard that the negotiations with Meijin Group have broken down, it's true." He couldn't help but add after saying that.

"What's going on?" Lin Guangchang asked Zhang Yang in confusion.

"Truth and falsehood intertwine." Zhang Yang calmly opened his computer and said in a nonchalant tone, "The best way to spread a rumor is to mix truth and falsehood."

"Just like how eating too much MSG can harm your health, talking about toxicity without discussing dosage is completely irresponsible. Even drinking too much purified water can cause poisoning."

Liao Guopei and Lin Guangchang instantly understood what Zhang Yang meant: there was something fishy going on between Meijin Group and Kainuo Technology.

Who is the mastermind behind this?

The two men stared intently at Zhang Yang.

To be able to bring in foreign players to this extent is already a game-changer; even Xu Xiang and Sun Guodong would never have imagined it.

Which speculative investor could manage to get two companies to cooperate in controlling the market?

It's no exaggeration to say that they are very few and far between!

But the funds were only a little over 1000 million, and Zhang Yang, a senior in college, managed to do it. This made Liao Guopei and Lin Guangchang's eyes reveal a hint of admiration, but also a hint of fear.

Zhang Yang's connections and background have exceeded the two of them's expectations.

Seeing the way the two were looking at him, Zhang Yang said calmly, "Let's count the chips. If it opens high, we'll clear them out during the opening auction."

Since their current holdings are all weighted index stocks, throwing in tens of millions of shares won't have a significant impact.

Moreover, with positive news for the index over the weekend, it should open higher.

……

Just as Zhang Yang, Liao Guopei, and Lin Guangchang were counting their holdings, the Ningbo Limit-Up Daredevils also began their self-rescue.

Financial media outlets such as Eastmoney, Sina Finance, NetEase Finance, and Tonghuashun have all released press releases announcing positive news.

Breaking News! Meijin Group plans to list through a reverse merger with Kainuo Technology. A quick overview of the fundamentals of both companies in one chart.

The traditional resources sector is receiving a major boost as coal giant Meijin Group goes public via a backdoor listing. Can it become the next Minmindong?

"A traditional resource stock priced at 4 yuan—even my grandma would invest! A three-minute overview of the past and present of Meijin Group!"

News of Kaino Technology’s “positive news” began to circulate all over the internet, and with the support of a traffic matrix, its exposure skyrocketed.

Individual investors, lacking access to information, rely heavily on this kind of market analysis.

[Dog Head Rice]: Holy crap! A backdoor listing is a huge restructuring boon! Kaino Technology, oh no, Meijin Group, is going to skyrocket!

[Lin Beibenbei]: I just checked, and Meijin Group is a top-tier company in Shanxi Province, owning 6 coal mines. Isn't it the next China Shenhua?
[Crazy Little Sister]: I'd sell my house for a Huaguo Shenhua cigarette for 4 yuan! This is a once-in-a-lifetime opportunity!
[Mature Good Man]: Hurry up and open the market, I can't wait!
Among retail investors, online trolls infiltrated, and through a series of misleading statements, Kainuo Technology was added to the watchlists of countless investors.

Meanwhile, in the VIP room of Galaxy Securities branch on Jiefang South Road in Ningbo, Ma Xinqi looked at his masterpiece and joked, "Those retail investors are hilarious. They actually said that Meijin Group can become the next China Shenhua."

"Pfft!"

"Did they take the wrong medicine?"

"Hahaha!"

"This is hilarious. No wonder they're retail investors; their imaginations are incredible. I suspect if my little shop could go public, they could boast about being as famous as Pang Donglai."

"Pang Donglai? They're exaggerating it to be like Walmart!"

"Hahaha!!"

The daredevil speculators mocked mercilessly, and even Xu Xiang was finding it hard to keep up; the retail investors' imaginations were indeed quite vivid.

However, this also benefits them, as it allows them to increase their shipments.

As 9:15 arrived, Xu Xiang said without hesitation, "Push it to the daily limit."

"no problem."

"clear."

In an instant, a buy order for 1000 lots was placed at a price of 5.72 yuan.

With the added "positive news," retail investors were instantly agitated upon seeing this and placed numerous bets in response.

However, as 9:20 approached, the stock price gradually fell back.

5.67 yuan.

5.58 yuan.

5.52 yuan.

Although the price limit was lifted, many retail investors were just trying their luck by buying 1 to 5 lots.

Speculative investors such as Xu Xiang, Sun Guodong, and Ma Xinqi, acting as daredevils, methodically controlled the changes in the matching volume of the bidding.

When 9:25 arrived, the trading volume of Kainuo Technology reached a record high of 140 lots, or 1.4 million shares.

At 9:30, Xu Xiang calmly said, "Brother Sun will act as the fisherman, and everyone else will slowly unload their goods."

"understand!"

"got it."

Having cooperated for many years, both the daredevil team and the speculative investors knew what "fishing expert" meant.

These so-called "fishing operators" are people who occasionally place large orders to attract retail investors' attention and create an upward trend.

[Stock Anomaly Alert]: A super buy order of 200 million yuan appeared for Kainuo Technology.

A massive buy order at the opening bell sent countless retail investors on online stock forums into a frenzy.

[Lonely Wind]: Holy crap! A 200 million yuan order paves the way, guys, if you don't buy now, you might not be able to get any! This is huge good news for restructuring!
[Your Lover]: I've already bought 50 lots. If it goes up 10%, I'll sell. I'm not greedy, I really am not greedy!

[Invincible Little Stinky]: If Meijin Group successfully completes its backdoor listing, it truly has the potential to become the Shenhua Group of China. Everyone should buy 100 lots and hold them for ten years. Trust me, you'll be pleasantly surprised!
Retail investors frantically bought small orders into Kainuo Technology, but the stock price kept falling while the trading volume at the bottom kept increasing.

Zhang Yang, who was far away in Changtai Plaza in Shanghai, saw this scene. Instead of rushing to make a move, he waited with Liao Guopei and Lin Guangchang for the stock price to find a supportive bottom.

When investing in stocks, the most important thing is to not rush!
(End of this chapter)