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

Chapter 144 The Suicide Squad Clears Out Their Chips, "Liu, Guan, and Zhang" Re-enter Kaino Technology
10 points.

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

10 points.

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

11 points.

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

Whenever the buying interest in Kaino Technology weakens slightly, a large order will be placed to buy in aggressively, creating the appearance of an ignition and price surge.

Retail investors aren't stupid either. They bought shares repeatedly for over two hours, and the stock price went from a limit-up of 5.72 yuan in the opening auction to a drop all the way down to the current level of 5.2 yuan, a difference of a full 10% increase.

As the morning session drew to a close, the buying momentum for Kainuo Technology weakened, with the trading volume in one minute gradually dropping from over 900 lots to just over 300 lots.

If the volume is only around 300 lots per minute, plus the buyback tickets for "ignition", it would take forever to sell all the goods.

obviously.

Xu Xiang will not allow trading volume to remain low.

The best way to increase intraday trading volume is to create positive news.

How to create positive news?
very simple.

Besides spreading rumors that are half true and half false, they can also have fund managers come out to give buy recommendations, or more accurately, release research reports.

After hearing that the negotiations between Meijin Group and Kainuo Technology had fallen through, Xu Xiang contacted a fund manager at a public fund and sent him a press release via email, asking him to publish it through his personal media account.

During the midday market break on June 22, a fund manager named Chen Xiaolan posted a press release on Weibo titled "The world economy continues to recover, coal prices hit new highs, actively deploying dividend coal stocks."

The article first mentions data showing a gradual recovery in the global economy, then discusses the future prospects of traditional energy, and points out that clean energy is insufficient to replace traditional energy in the short term. Finally, it mentions the consistent dividends and profitability of coal stocks.

At the end of the press release, another batch of coal stocks were recommended.

Besides the leading stock, Huaguo Shenhua, there are also stocks such as Huamei Energy, Jinxi Coking Coal, and Yankuang Energy.

Among the listed coal mining companies, one company that is not listed was mentioned: Meijin Group.

It is well known that 99% of companies experience a surge in market value after going public, typically by three to five times.

A resource stock that is about to be listed through a reverse merger, and the stock price of the company being acquired is only in the 5 yuan range, which is obviously a discount.

Anyone who has ever traded A-shares knows that new stock offerings require a lottery system.

A backdoor listing, especially with a discount, is equivalent to turning a lottery-based share purchase into a direct subscription model.

If you buy shares before the trading halt due to restructuring, it's equivalent to subscribing to a new stock.

Looking at other coal stocks, such as Huaguo Shenhua, Huamei Energy, and Jinxi Coking Coal, none are priced below 5 yuan.

Traditional energy stocks that can consistently generate profits and pay stable dividends every year were highly sought after by retail investors in 2009, a year of economic recovery from the economic crisis.

When Chen Xiaolan posted the press release on her personal Weibo account, the financial media outlets that Ma Xinqi had bribed immediately added their own embellishments.

"Chen Xiaolan, a renowned fund manager at Southern Asset Management, sides with the traditional energy sector. Can coal mining lead the charge?"

Meijin Group plans to list through a reverse merger with Kainuo Technology. With current coal stocks averaging over 6 yuan, can Kainuo Technology, with a share price of only 5.2 yuan, experience a price rebound at a discount?

Unsuccessful IPO subscriptions after ten years? A seasoned stock market veteran teaches you how to profit from discounted IPOs!

Missing out means a lifetime of regret! Meijin Group's backdoor listing through Kainuo Technology: Behind the high discount lies a redistribution of wealth!

With the help of numerous financial media outlets and online trolls stirring up the hype, Kainuo Technology's popularity soared to the top ten of the individual stock hot search list, and it was also among the top ten on multiple financial platforms.

Retail investors were instantly excited when they saw the discount and the words "energy stock listing".

[Lone Wolf]: With fund managers from Southern Asset Management all coming out to endorse it, buying Kainuo Technology this time is definitely the right choice.

[Dali Spinach]: I just looked at all the coal stocks, and there are indeed none below 6 yuan. If you buy Kainuo Technology at 5.2 yuan, after Meijin Group's backdoor listing, you can at least get a discount and catch up with the price of one limit up.

[A touch of sadness]: If that's how it is, then I understand. Backdoor listings are about whether there's a premium or discount between the old and new companies. If there's a discount, then you're betting on a potential price rebound.

Amidst the barrage of positive news, many retail investors were overwhelmed, while others, with a short memory, believed that Kainuo Technology would undergo restructuring and experience a price rebound.

Anyone who frequently trades stocks knows that retail investors in the A-share market have very poor memories.

why would you say so?

If the market drops by 20% for two consecutive days, they will cry and wail, wanting to close their securities accounts.

But if a stock suddenly rises by 5% after falling by 20%, they will think a bull market has arrived and start actively positioning themselves.

It's no exaggeration to say that major funds have been using this tactic to fleece retail investors for over a decade.

This can be seen from the "main downward wave" in 2007. During the several rebounds from 6000 points to 1600 points, there were significant trading volumes. These were retail investors who wanted to buy at the bottom, and also "bull market believers".

……

When the market opened at 1 p.m., the previously sluggish intraday buy orders for Kainuo Technology suddenly surged, clearly demonstrating the effectiveness of the "strong medicine" given to retail investors at midday.

1200 lots.

1300 lots.

1100 lots.

Speculative investors are rapidly unloading their shares.

The stock turnover rate has also risen rapidly as speculative funds such as Xu Xiang, Zhao Qiang, and Yun Tao have sold off their shares, reaching 9.7%. This means that more than 4000 million shares of Kainuo Technology's circulating stock have changed hands.

By 2 p.m., the stock price of Kainuo Technology had fallen to 4.9 yuan, a drop of 5.57%, and continued to decline.

Seeing that the positions were almost cleared out, Xu Xiang said, "Sell them all off, lest things get complicated and retail investors refuse to take them."

"Finally I can relax! Splitting up small orders was exhausting, phew!"

"I really don't know what's going on in the minds of retail investors. Some unverified information can make them excited and rush to buy the shares."

"Most retail investors are brainless; they only believe the information fed to them by others. If we don't fleece them, who will we fleece?"

"I've cleared it!"

"Me too, it feels so good!"

Amidst laughter and mockery, the Ningbo Daredevil Team of speculative investors dumped all their remaining shares, bringing Kainuo Technology's stock price down to 4.7 yuan, almost hitting the daily limit down.

Seeing the sudden and violent sell-off, and with no more large-scale buying in, the retail investors who had just bought in began to panic.

[Time Flies]: What's going on? Why is it accelerating its decline? What the hell is going on? Are you trying to scam me?
[Xiaofang Loves Stocks]: I wasn't paying attention, and the turnover rate has reached 16%. Could this be the main players selling off their shares?

[Call Me Stock God]: It's impossible for them to be selling off their shares. With such great positive news for Kainuo Technology, it's likely that the trapped and profit-taking positions have been cleared out, and the main players have completed deep control. We can just sit back and wait for the continuous rise.

[Butt with Sauce]: Which son of a bitch dumped the stock? I bought in at a 4% premium this morning and now I'm down more than 10%. I'll fuck your mother!

Losing more than ten percent in a single day is something few retail investors can withstand. Right now, everyone is cursing and complaining about Kaino Technology.

At 2:19 PM, Kainuo Technology was immediately pushed to its daily limit down, with a price of 4.68 yuan.

After waiting all day, Liao Guopei saw the stock price hit the daily limit down and immediately sat up straight, looking at Zhang Yang and asking, "Can we go in now?"

As he said this, Lin Guangchang's gaze was also fixed on Zhang Yang.

In the "Shanghai Liu, Guan, and Zhang" team, Zhang Yang is the absolute backbone, serving as a part-time strategist and strategist, responsible for planning and execution.

"Not urgent."

Zhang Yang chose to continue waiting.

At this moment, the stock price of Kainuo Technology plummeted to its daily limit, the cries of retail investors in the comments section, and the rapid increase in sell orders at the daily limit all pointed to one result: panic was spreading within Kainuo Technology.

If a stock experiences panic, it can easily lead to a stampede of funds.

What is a stampede of funds?

For example, if the price closes at 4.68 yuan today, and you want to sell at 4.68 yuan when the market opens tomorrow, someone might be even more afraid than you and place an overnight order at 4.67 yuan, a lower price than yours.

Once the market officially opens, other investors will see that the stock price is still falling, and they may place sell orders at 4.6, 4.5, or 4.4, hoping to exit at an even lower price. This could cause a stampede of funds.

The terror of a financial stampede is so great that even banks can't withstand it.

For some rural banks, if half of their depositors withdraw cash collectively, they will likely be unable to deliver the funds.

What the financial sector fears most is not financial fraud or economic crisis, but the collective cashing out and flight of funds.

Currently, panic has taken hold regarding Kaino Technology. In order to maximize profits, Zhang Yang must consider whether to enter the market today.

Stock trading requires patience, much like hunting in nature documentaries: if you don't move, you're safe; if you do, you're dead.

2:39 p.m.

2:47 p.m.

2:55 p.m.

As the market neared its close, Liao Guopei hesitated to speak, while Lin Guangchang, like any ordinary retail investor, felt a restless unease, as if his heart was being scratched by a cat's claws.

At 2:56 PM, Zhang Yang withdrew his gaze from the screen and said in a deep voice, "I'm going all in on reverse repurchase today. I'll wait another day."

"Should we wait any longer?"

Lin Guangchang was already getting impatient.

Now he's just like any other retail investor, feeling like he can make money no matter what he buys. He feels empty if he doesn't buy some stocks and leave them untouched.

Liao Guopei, who was standing to the side, frowned slightly and asked, "Won't something unexpected happen?"

"will not."

Zhang Yang responded firmly.

He wasn't sure about other stocks, but he had obtained insider control over Kainuo Technology by using Liu Hua's connections.

Since he had incurred a debt of gratitude, he had to ensure that the returns were maximized.

Liao Guopei and Lin Guangchang exchanged a glance and tacitly approved of Zhang Yang's decision.

Because Zhang Yang provided the inside information about Kainuo Technology, and after Xu Xiang took over the stock, he was still able to spread the inside information that the negotiations between Meijin Group and Kainuo Technology had broken down, which shows that Zhang Yang may be a front man for both companies.

It's no secret that companies use front men; many seemingly high-probability speculative funds are actually puppets of capital.

……

The A-share market closed at 3 p.m.

The Shanghai Composite Index closed at 2896.3 points, up 0.55%. The index reached a high of 2923.24 points and a low of 2884.13 points during the day. Due to a sharp drop in the afternoon, it failed to hold the key support level of 2900 points and ultimately closed with a doji candlestick.

Unlike the Shanghai Composite Index's doji candlestick pattern, the Shenzhen Component Index closed with a bearish candlestick, opening at 11315.92 points and closing at 11190.71 points, a drop of 0.46%.

Recently, there has been a very obvious shift in the style of A-shares, with heavyweight index sectors starting to replace hot thematic sectors as the targets of capital pursuit.

Of course.

It could also be due to government funding.

As no new major funds intervened, Kainuo Technology predictably closed at the daily limit down, currently trading at 4.68 yuan.

After returning to his office, Zhang Yang began editing today's brief review.

[Both major A-share indices faced liquidity pressure today. The Shanghai Composite Index closed at 2896.3 points, up 0.55%, while the Shenzhen Component Index closed at 11190.71 points, down 0.46%. Trading volume for both indices decreased by approximately 100 billion yuan compared to the previous trading day. Northbound capital outflowed 47 billion yuan, while domestic capital saw a net inflow of 76 billion yuan. Liquidity issues require close attention.]
"Snapped--"

Zhang Yang pressed the key to send.

[Financial Research Network June 22 Closing Commentary]: Today, both major A-share indices experienced pressure from capital flows, with the Shanghai Composite Index closing...

Within ten seconds of the brief review being posted, it had been viewed 300 times, indicating that many stock market investors were reviewing the situation.

300.

500.

800.

Looking at the soaring page views, Zhang Yang could only hope that someone destined to understand it would be able to.

Although he is a speculative investor who preys on retail investors, that does not prevent him from reminding them to be wary of potential future declines.

Speculative investors and the CEO of a financial research website—two identities, two different stances—but regardless of which stance they take, they both act in their own self-interest.

Zhang Yang is now 100% certain that the sharp drop in A-shares in the middle of the previous year was caused by pressure on funds.

If nothing unexpected happens, institutional investors have already begun withdrawing funds, while retail investors are still completely unaware. As for who is behind the funds that have been driving up the weighted index sectors, the answer is already obvious.

After Zhang Yang issued a brief commentary on Caiyan.com, renowned economist Yang Delong also updated his Weibo account.

[The market closed on June 22nd, with heavyweight index stocks leading the gains again. However, foreign capital has been flowing out for three consecutive days. I believe the A-share market will face serious funding pressure, especially after the resumption of IPOs and the establishment of the ChiNext board. Market participants need to pay close attention.]
He has been talking about financial pressure for half a month, and many fans have become immune to it, even finding it extremely long-winded.

[Squatting in the toilet until you vomit]: Mr. Yang, please stop talking about financial pressure. I feel like you're making a fuss over nothing. Because of your misleading information, many of us missed out.

[Little Bike]: I've noticed that economists all have some issues. Li Daxiao next door keeps calling for a bull market, Yang Delong keeps saying there's pressure on funds, and Liu Jipeng is acting crazy, saying that the era of quantitative finance is coming.

[Loves Chocolat]: If I had trusted Li Daxiao and started buying in March, I would have made dozens of points by now. But I chose to trust Yang Delong instead, and now I regret it!

[Calm and collected]: Although I also missed out, I still believe in Teacher Yang. I have been trading stocks for more than ten years. The last time I saw a sharp rise with decreasing volume was at the end of the bull market in 2007. I can only say that everyone should be careful of top divergence.

The market has seen continuous price increases with decreasing trading volume, indicating a clear divergence in investor sentiment, though many retail investors are simply unaware of this.

Even as Yang Delong was warning of the risks, Li Daxiao continued to tout the bull market.

[Comrades, the Shanghai Composite Index rose again as expected, closing at 2896.3 points today, a gain of 0.55%, which is cause for celebration! Those who entered the market a week ago should have a return of over 10%. For those who have been waiting on the sidelines, I think it's time to seize the opportunity; the bull market with its low trading volume is back!]
As Li Daxiao raised his arm and shouted, countless netizens joined in the cheers.

[Kongshan Coffee Shop]: Boundless goodness! Boundless goodness!

[Love Life]: Teacher Da Xiao is so skilled! I followed his advice and made 17 points in a week, awesome!

[Fei Qin]: I bought in too late, sob sob, I only made 6 points, but it's okay, after all, I invested 500 million.

Just as Li Daxiao updated his Weibo and was receiving enthusiastic support from his fans, Yang Delong, who was on a business trip in Chengdu, directly cursed: "Still blindly bullish? If the market suddenly collapses, Li Daxiao, do you even want to live?"

Not only Yang Delong, but Liu Jipeng from Yanjing also frowned as he looked at Li Daxiao's Weibo posts, saying, "Can a market with no clear direction really be a bull market? Could Li Daxiao have taken money?"

Within the financial industry, 90% remain cautiously on the sidelines, 9.9% are hoping to capitalize on the tail end of the rally, and only 0.1% believe the market is still in an upward bull run. ...

And on the other side.

China Asset Management Co., Ltd.

Wearing a women's fitted white shirt, paired with high-waisted dark blue jeans, and with an intern badge hanging on her chest, He Jing, still radiating youthful energy, looked thoughtfully at the brief review on the financial research website.

"Liquidity issues."

Will it run dry?

"That seems possible."

"Currently, the combined trading volume of the two stock exchanges is less than 3000 billion yuan, yet we are setting up the ChiNext board with even lower thresholds, which requires a large amount of financing, and the resumption of IPOs also requires market funds to support it."

"Assuming the market is about to crash, my investment plan should be implemented after the decline. The question then becomes, which sectors offer the most stable returns and the fastest fundraising?"

He Jing was pondering this question.

She knew that Zhang Yang was in charge of the final review and operation of Caiyan.com, and that the briefing was meant to convey something that only people with a certain level of expertise could understand.

As she pondered this question, Lin Weiguo, a manager at China Asset Management Co., Ltd., sporting a receding hairline and wearing a light blue shirt, knocked on the open glass door of his office.

"咚咚-"

Two soft sounds caught He Jing's attention.

"Are you busy?"

"Have you chosen a direction yet?"

Before He Jing could respond, Lin Weiguo introduced the young man beside him, saying, "Ying Yufei, a graduate of Cambridge University, I've arranged for him to be your assistant to share the workload."

"Hello, Manager He."

Ying Yufei quickly greeted him.

He Jing glanced at Ying Yufei. He was not tall, about 1.7 meters, with delicate features and above-average looks.

"Hello." After responding politely, He Jing looked at Lin Weiguo and said, "I plan to raise funds in the real estate sector."

"Real estate?" Lin Weiguo thought for a moment and then made a decision: "That's a good idea. The country's infrastructure construction is in full swing, and the real estate industry is springing up like mushrooms after rain. The next ten years may be a period of rapid development."

"Yes."

He Jing nodded in agreement, then added, "Besides real estate, I also need mixed bonds to ensure our ability to withstand risks."

Her investment style is relatively conservative and not suitable for aggressive investment.

After seeing the liquidity shortage in the A-share market, He Jing thought of a mixed fund of real estate and bonds, using a portion of the income from government bonds to offset the decline in real estate prices.

Many stock market investors have heard that the banking and securities markets are in a seesaw relationship, but in fact, the bond market and the stock market are the real seesaw relationship.

Why is it described as a seesaw market?

Under what circumstances would individual investors or institutions buy stocks in large quantities?

When a country's economy is strong, or before an economic recovery, individual investors and institutions will buy stocks in large quantities because the stock market is a barometer of GDP.

What if the national economy is in a slump?
Undoubtedly, the vast majority of funds in the market will choose bonds with stable yields and risk-resistant properties.

Why can bonds mitigate risk?

Take government bonds as an example. If even bonds backed by the national credit cannot withstand the risks, then that country is basically finished.

The last line of defense in the financial investment field is government bonds.

"A bond-mixed fund? Isn't that a bit too conservative?" Ying Yufei asked, puzzled. From his tone, it was clear that he didn't want to be He Jing's assistant.

They were both interns, but he was a Cambridge graduate, yet he was working as an assistant to another intern. He must have been resentful.

He Jing glanced at him and said, "What if the A-shares market falls?"

"How can it be!"

Ying Yufei directly rejected the idea, glanced at Lin Weiguo beside him, and then looked directly at He Jing, saying, "Stock markets around the world are in a recovery phase, and this round of market activity will at least reach 5000 points."

“Since we have different views, we cannot work together.” He Jing said this while looking at Lin Weiguo.

"..."

Lin Weiguo was silent for a moment before making a decision: "He Jing, please send my specific ideas and plans for the hybrid fund to my email."

"Ok."

He Jing responded.

"Okay." Lin Weiguo responded, then looked at Ying Yufei beside him and said, "Let's go, let me see where we need more interns."

After watching the two leave, He Jing began to draft the "Public Offering Plan". She felt that a mixed fund of real estate and bonds was a good way to boost performance, as it was both offensive and defensive.

Ying Yufei, who had just left He Jing's office, was somewhat dissatisfied and looked at Lin Weiguo, saying, "Uncle Lin, what is He Jing's status? How could she make me, a returnee from overseas, her assistant?"

"I am not sure as well."

Lin Weiguo shook his head and guessed, "I only know that someone spoke to the company's higher-ups to ask them to take special care of her. Maybe she has family connections, or maybe she's the mistress of a big shot."

Women who succeed in the financial field are either victims of power and sex or come from incredibly wealthy families—it's a very extreme case.

Are you from an ordinary family and don't want to make sacrifices?
Hard to move!

Take the entertainment industry for example. If a female star without a background doesn't know how to sacrifice her beauty, who will give her resources for free?

In resource-intensive fields such as finance, film and television, and law, the level of indiscriminate relationships between men and women is unimaginable to ordinary people.

……

As night fell, a gentle breeze caressed my face.

The earth, scorched by the sun all day, cooled down as the moon rose, and the cool breeze brought a sense of comfort.

However, for retail investors of Kaino Technology, the breeze brought not comfort, but a chilling feeling.

Starting at 8 p.m., multiple financial news reports appeared online about the breakdown of negotiations between Meijin Group and Kainuo Technology.

As for the financial bloggers who received money from Xu Xiang, Ma Xinqi, and others, they have quietly deleted the press releases they published during the day.

At first, retail investors didn't believe the news, until they checked their browsing history and clicked on the news releases they had seen during the day...

[This message has been deleted by the poster.]
The webpage displayed made countless retail investors of Kainuo Technology feel a chill that penetrated to the bone, as if they had fallen into an ice cellar.

Before they could even catch their breath, several financial media outlets that Liao Guopei had contacted jumped out at just the right moment to stir up trouble.

Breaking News! Meijin Group and Kainuo Technology's price negotiations have broken down, making their backdoor listing plan seem unlikely to be realized in the long run!

Shocking! Meijin Group's backdoor listing attempt fails; rumors circulate that Kainuo Technology's asking price was too high, leading to a breakdown in negotiations!

Speculative capital is fleeing in an emergency! Over 100 million yuan was sold at the Ningbo Jiefang South Road branch, and the office of Kainuo Technology is now deserted!

With the emergence of embellished articles on the internet, retail investors, who were already panicked, have become even more panicked.

[Little Horse Little Horse]: I'll fuck your grandma's Fuchun Road, fuck your mother's Xu Xiang, you're teaming up to hang us on the mountaintop, right?

[Call Me Academic]: We've been fooled, we've been fooled! Fuchun Road is Xu Xiang, and Xu Xiang is Fuchun Road. Two pseudonyms have completely fooled us. I'll fuck your mother!

[Tears Flowing Like a River]: Xu Xiang, Grandmaster, I'm your fan, I'm quitting, please refund my money, I'm really not playing anymore.

[Heaven's Will is Hard to Defy]: As expected of Xu Xiang, he had already been setting up Kainuo Technology since Rhine Biologics, just to harvest us. Poor retail investors have no rights!
Now, not only retail investors, but even Zhang Jianping believes that Fuchun Road is Xu Xiang's company, and that the other party has been deceiving him all along.

Zhang Jianping looked at the stock of Kainuo Technology and found it to be unremarkable, without any highlights. Yet, this very stock managed to attract Xu Xiang's attention.

Moreover, given that both Fuchun Road and Sujiang Road were listed on the list of top traders in the capital game, Zhang Jianping had every reason to suspect that Xu Xiang was setting up a scheme to swindle money from retail investors.

"Xu Xiang doesn't really tell the truth," Zhang Jianping commented casually.

A-God Qiu Baoyu also read the online comments and has concluded that Fuchun Road is Xu Xiang's, because the dumping on September 924 and the one-word limit down selling are common tricks of daredevils.

Zhao Qiang (Brother Zhao) and Yun Tao (Chaoyang Road), who escaped in time, were both sweating profusely and feeling a wave of fear.

If they hadn't escaped in time, they would probably be buried alive now.

However, Xu Xiang had no idea that online public opinion had suddenly turned against him. At that time, he was still singing "Boundless Oceans, Vast Skies" with other daredevils in a KTV, celebrating his successful escape.

Fuchun Road wants to bury them?
Excuse me!
They can save themselves!
It's just that the retail investors who bought in are the ones who suffer, becoming the bagholders for Kaino Technology.

……

The next day, March 23th.

The weather was clear and cloudless, and sunlight streamed through the glass into the Changtai Building A.

As usual, the first thing Zhang Yang did upon arriving at the company was to check on the website's retention rate.

Fortunately, the website retention rate remains extremely high, with the percentage of users who stayed after the initial phase of the gray-scale test increasing rather than decreasing, reaching 51%.

The retention rate of users acquired through Baidu is currently at 44% on the fourth day, and the seven-day retention rate is basically locked at the acceptable level of 20%.

Zhang Yang didn't linger and went straight to the finance conference room on side C.

"How about Joker, it's time to take over?" Liao Guopei joked with a smile.

"Panic has broken out. Retail investors in Kainuo Technology are in complete panic. I estimate the stock will open at the daily limit down today." Lin Guangchang also smiled as he looked at Zhang Yang, who had just arrived.

For speculative investors, the more panicked retail investors are, the more excited they become.

This is like a wolf entering a flock of sheep; the more panicked the sheep become, the more likely they are to lose their lives.

Zhang Yang sat down in his seat, opened his laptop, and said with a faint smile, "The time is ripe, but it's not advisable to reveal it too early."

"understand!"

"I understand, bro!"

Liao Guopei and Lin Guangchang responded quickly.

Seemingly having been "thirsty" for a long time, Liao Guopei stretched his arms and shoulders, making "crackling" sounds, and said in a deep voice, "I like picking up bloody chips the most."

Lin Guangchang secretly gloated, "Xu Xiang and his gang think they've made a profit, but they're actually building a bridge for us. What idiots!"

"No one could have predicted this."

Zhang Yang smiled.

He never thought Xu Xiang, Sun Guodong and others were stupid. Putting himself in their shoes, he believed that the ability to correct the course and decisively take action to save himself when he realized he might have misjudged the stock trend was something only top-tier speculative investors possess.

If you were to ask Xu Xiang and Sun Guodong where they went wrong, Zhang Yang's answer would be just two words...

Home ground!

Yes, it's the home ground!
With Liu Hua's connections, he could use underhanded tactics, which meant that Xu Xiang, Sun Guodong, Ma Xinqi, and others were destined to fall into his trap.

Unless they have equivalent connections in Meijin Group and Kainuo Technology, and know the inside story, they cannot break this deadlock.

As 9:15 AM approached, both major indices experienced a significant pullback, with heavyweight sectors such as banking, securities, and oil leading the decline.

Industrial and Commercial Bank of China (ICBC) is currently trading at 5.26 yuan, down 1.68% from 5.35 yuan in the previous trading day. China Construction Bank (CCB), which closed at 6.04 yuan in the previous trading day, is currently trading at 5.96 yuan, down 1.32%.

Huaxin Securities saw an even sharper decline, closing at 29.16 yuan on the previous trading day and currently trading at 28.32 yuan, a drop of 2.88%.

The decline in the main stock index has fueled panic in the market.

As expected, Kainuo Technology hit its daily limit down at 9:15 AM and is currently trading at 4.21 yuan. Judging from the intraday chart during the pre-market auction, there were a large number of sell orders placed overnight.

How can I tell if a transaction was placed overnight?
Very simple.

At 9:15:01, the intraday chart of Kainuo Technology showed a huge amount of unmatched green volume during the opening auction.

What does this mean?
The appearance of huge unmatched volume indicates that there is almost no support at the bottom.

Seeing this, Zhang Yang said, "We need to control the volume of the unmatched funds well, and not let other speculative funds or retail investors see our intentions."

"clear."

"got it."

Liao Guopei and Lin Guangchang responded quickly.

The accumulation of shares through the opening auction is very obvious, so they must be extremely cautious.

Because no one can say for sure whether Xu Xiang, Sun Guodong, or even Zhang Jianping and other speculative investors are still keeping an eye on Kainuo Technology.

They are currently the only speculative investors who know the inside story and have made advance arrangements.

Unmatched volume: 1041 lots.

Unmatched volume: 980 lots.

Unmatched volume: 1071 lots.

All three were speculative investors with sophisticated market manipulation techniques. When the market officially opened at 9:30, the number of shares traded during the pre-market auction was 2.2, of which 1.7 shares went into the pockets of Zhang Yang, Liao Guopei, and Lin Guangchang.

Despite the large trading volume, the stock price was still kept at the daily limit down.

"Wait for the market to rebound before accumulating shares; there's no rush!"

Zhang Yang spoke again.

Now, countless people are watching Kaino Technology, so they must be extremely careful not to be seen through.

Using a market rebound as a cover for accumulating shares is an extremely subtle tactic, and it can be interpreted as government funds entering the market to drive up prices.

"You're being too cautious, it feels like you're doing something wrong," Liao Guopei said with a laugh, letting go of the mouse.

"It's more than just stealing, it feels like having an affair!"

Lin Guangchang echoed in agreement.

"Better safe than sorry. The market is generally down today, so we can wait for an intraday rebound before buying. This will give us cover for accumulating shares," Zhang Yang replied casually.

(End of this chapter)