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

Chapter 153: 7764 Million Yuan Sold in Two Days, Ushering in a "Liquor Bull Market" in China's Stock Market

As time ticked by, the profits and losses of Kaino Technology investors were on edge as 9:24 approached, and some conservative retail investors even chose to cash out their profits.

9:24:30.

9:24:40.

9:24:50.

As sell orders continued to increase, a total of 5 buy orders were placed at 6.16 yuan, with a total value of over 3000 million yuan.

These 5 buy orders represent the last funds available to Zhang Yang, Liao Guopei, and Lin Guangchang.

After speculative investors such as Xu Xiang, Ma Xinqi, and Sun Guodong liquidated their positions on June 22, they began to re-enter Kainuo Technology on June 23.

On June 23 alone, the amount of shares acquired reached 56 million yuan, with a cost basis of 4.22 yuan, and a total of 1327 million shares were acquired.

Over the next three days, Zhang Yang, Liao Guopei, and Lin Guangchang continued to accumulate shares under the cover of the "Policy Meeting." Currently, they hold 2302 million shares at an average price of 4.52 yuan, with a total investment cost of 1.04 million yuan.

If the shares were sold at 6.16 yuan today, the total value of the stock would be 1.418 million yuan, resulting in a rough profit of 4140 million yuan.

With such a large amount of chips, it's practically impossible to sell them all in one day. Zhang Yang and Liao Guopei must consider the market's ability to absorb the supply.

Why is it often said that you should sell when the place is bustling with people?

Because when there is a lot of noise and activity, the market has the strongest buying support, and even if there is a large amount of selling, there will be retail investors to take over.

After two days of hype over the weekend, Kaino Technology currently has plenty of funds available from buyers, but sentiment has not yet been aroused.

How do we mobilize them?

This requires understanding the root cause of the problem.

What all parties are afraid of now is the "924 crash," they are all terrified of the deadly blow from the "Fuchun Road" stock manipulator.

Once the root cause is known, targeted treatment can be provided.

Are you afraid of being dumped on September 924th?

Feel sorry!

3000 million is the maximum!
When retail investors saw the massive buy orders released again at 9:24:50, all parties' perspectives began to change.

[Little Dog Bruce]: 924 surge in volume, such a familiar tactic, is it that man? Has he finally turned over a new leaf and stopped being such a beast?

[Buckwheat Tea]: So spicy! I got off the bus, Fuchun Road brother, do I still have a chance to get back on?

[Walking in the Rain]: Damn DJ Popsicles! Fuchun Road doesn't play by the rules. I cleared out my stock last week and was thinking of buying it today, but they didn't give me the chance at all.

[Little Third Master]: Oh my, the connection on Fuchun Road is so authentic! Who says they lack vision? They have a grand vision!
[Spring Orchid and Autumn Chrysanthemum]: It's already hit the daily limit for four consecutive days without anyone noticing. Those retail investors are still wondering if Fuchun Road is a malicious stock manipulator. How stupid!

Three consecutive limit-up days could change the trend, but what about four consecutive limit-up days?
After four consecutive limit-up days, even Zhao Qiang felt that "Fuchun Road" was going to continue its upward trend, and at least five or even six consecutive limit-up days.

From a fundamental perspective, once Meijin Group goes public and does not immediately raise funds, its share price could conservatively reach 8 yuan, or even 9 yuan, or around 10 yuan.

If we take the midpoint of 9 yuan, the current share price of Kainuo Technology is 6.16 yuan, marking its fourth consecutive daily limit up.

The fifth limit-up was 6.78 yuan, the sixth was 7.46 yuan, the seventh was 8.21 yuan, and the eighth was exactly 9.03 yuan.

What would an eight-day winning streak trigger?
Serious Change Announcement!

Zhao Qiang believes that the manipulative stock "Fuchun Road" will repeat his "924 Knife Technique" during the pre-market auction of the eighth consecutive limit-up day.

"If I had left the market on the day it hit the sixth consecutive limit up, I should have been able to escape unscathed."

Zhao Qiang muttered to himself.

Not only Zhao Qiang, but also Yun Tao (Chaoyang Road), a speculator with inside information, was also making his own plans.

In his view, "Fuchun Road" might experience a sell-off on the day of its eighth consecutive limit-up, while he could completely capitalize on the second major upward trend after Kainuo Technology's significant pullback.

His logic was simple: he calculated that there was a significant discount between Meijin Group and Kainuo Technology.

Not only Zhao Qiang and Yun Tao, but other speculative investors have also discovered that Kainuo Technology has bottom discount support and basically no risk.

……

Zhangjiang, the capital of Shanghai.

Financial Research Network office space.

After releasing funds to support the market and continue to boost investor sentiment, Zhang Yang looked at Liao Guopei and Lin Guangchang beside him and said, "Maintain the sentiment of individual stocks, follow the rhythm of the market to sell, and control our sales volume to within 600 million shares today."

"Aren't you going to dump the shares?"

Lin Guangchang joked with a smile.

Their gentle approach to shipping is unlike anything "Fuchun Road" would do.

Upon hearing this, Liao Guopei quoted a popular saying among speculative investors: "A violent sell-off may feel good for a moment, but once the buying support is gone, it's like being cremated."

"We've invested over 1 million Chinese yuan, so we can't afford to mess around with it. Our primary goal right now is to break even, and only then can we realize any unrealized profits."

Zhang Yang smiled faintly.

They just spent another 600 million to stabilize the market. If they dump the shares now, they simply don't know how to control the market.

Xu Xiang's "One-Word Soul-Severing Blade" is triggered by the condition that the profit margin is thick enough.

What is a profit cushion?
If you buy a stock for 4 yuan, and it rises to 10 yuan, 6 yuan of that will be your profit margin.

Only when the profit margin is sufficiently thick can one sell at the daily limit down.

Currently, Zhang Yang, Liao Guopei, and Lin Guangchang have a profit margin of around 40%. If market sentiment collapses, it could easily damage their principal, or at least barely break even.

People enter the stock market to make money. Zhang Yang, Liao Guopei, Lin Guangchang, and most speculative funds do not deliberately target retail investors.

"Master, why is it limited to 600 million shares?" Xu Zhiruo looked at it for a long time, completely baffled.

"As I mentioned before, Kainuo Technology's total share capital is 6.466 million shares, with a restricted share ratio of 34%, leaving 4 million shares in circulation. Selling 600 million shares on this basis would only result in a turnover rate of 1.5% of the circulating shares. Including Kainuo Technology's intraday trading, the daily turnover rate can be controlled within 7%."

"I see!"

As soon as Zhang Yang finished speaking, Xu Zhiruo immediately realized what he meant, and Liao Guopei and Lin Guangchang were also surprised by the man's "meticulousness".

Stabilize emotions.

Control energy quantity.

Pressure to switch hands.

This meticulous control made Liao Guopei swallow hard, exclaiming inwardly, "No wonder he's a professionally trained actor, so professional."

"Brother, with you at the helm, how can we not conquer the world?"

Lin Guangchang praised it highly.

Although he is older than Zhang Yang, whether it is the sworn brotherhood of the three or his achievements in the financial field, Zhang Yang deserves to be called "brother" by Lin Guangchang, because he is truly meticulous!

"Full of details!"

Xu Zhiruo nodded in agreement.

"With daily practice, you'll become more skilled. Let's pay more attention to the market changes," Zhang Yang humbly replied to the crowd, looking at the A-shares market about to open.

The stock market is full of uncertainties, and his choice of which method to sell his shares was made after careful and repeated consideration.

If you only know how to work blindly, you will only run into obstacles everywhere.

……

At 9:30 a.m., the A-share market opened.

The Shanghai Composite Index opened at 2930.31 points and closed at 2928.21 points on the previous trading day, a slight increase of only 0.07%.

Although the liquor sector is experiencing a strong upward trend, it is being dragged down by other index-weighted sectors such as banking, oil, and securities.

The Shenzhen Component Index also opened slightly higher, with the biopharmaceutical sector dragging down the index, especially Hualan Biological, which Zhang Jianping had previously hyped. It continued to decline after the opening and is currently trading at 34.27 yuan, down 4.27%.

Its sharp decline was mainly due to the slow progress of H1N1 influenza vaccine development, which did not meet market expectations, leading to the withdrawal of funds.

Apart from Hualan Biological, other popular H1N1 flu stocks are falling, including Rhine Biologics, Jianfeng Group, and Da An Gene.

When biopharmaceutical stocks fell sharply, dragging down the Shenzhen Component Index, stocks on the SME board also declined.

What is the SME Board?
The full name of the SME Board is the Small and Medium Enterprises Board, which is a stock trading board established by the Shenzhen Stock Exchange in 2004 for small and medium-sized enterprises.

The decline in SME board stocks such as Shunluo Electronics, Yuwell Medical, and Transfar Smart Logistics also indicates that funds are flowing into large-cap stocks.

And on the other side.

Lin'an, Jiangsu and Zhejiang.

In the simple yet luxurious Su family garden in the suburbs, the slightly overweight and honest-looking Leader Zhang was typing on his computer in his study.

[Master Zhang]: All H1N1 flu stocks are undergoing a continuous shakeout to flush out trapped funds and facilitate subsequent price increases.

[Daoke]: Hualan Biological's trading volume has been halved, and the funds that bought at the bottom are basically trapped, and panic selling occurred yesterday.

[Tianzixiao]: Da'an Gene did see a surge in trading volume, but not much. It feels like a lot of retail investors are stubbornly holding on, and it'll probably drop two more limit-down days.

[Unrivaled]: Rhine Biologics has basically been cleaned out. After two consecutive major upward waves and sharp drops, most of the retail investors have also run away.

Seeing the group messages pop up, Zhang Jianping already had a plan to reap the rewards.

The reason he wanted to create a "H1N1 flu concept" upward trend was that there were too few actionable targets throughout June.

Since June 1st, the Shanghai Composite Index has risen by 3.36%, and as of today, June 29th, blue-chip stocks have remained the main driver of the market's upward trend.

If we were to use Li Daxiao's analogy of an ox for commentary, June 2009 could be perfectly summarized as "White Horse Ox".

Zhang Jianping dared not touch the three index-weighted sectors of banking, oil, and insurance, because they were not controlled by institutional investors, but by state funds.

It is precisely because the heavyweight sectors are rising continuously, driving the overall market up, that market funds are becoming more dispersed. Zhang Jianping urgently needs a main theme that retail investors can agree on to drive up the market.

After much thought, he picked up the main storyline of the H1N1 flu again.

Although the attention given to H1N1 influenza is not as high as it was in May, it is still the stock concept that is closest to people's lives and that retail investors can personally experience.

Many retail investors have encountered this kind of stock pattern: wave one, wave two, wave three.

Why are there multiple wave trends?

1 is a wash-out.

2 is a change of dealer.

If it's a multi-wave wash-out, the price will often pull back to half of the upward movement, followed by sideways consolidation. The market maker lowers their holding cost by doing day trading, and takes advantage of the time to wear down retail investors' patience, ultimately achieving excess profits.

If the stock is sold by a different major shareholder, it means the second major shareholder believes the stock can still rise and takes over from the first major shareholder to consolidate and shake out weak hands.

Whether it's a shakeout or a change of ownership, both involve sideways consolidation.

Sideways consolidation is the most effective way to wear down retail investors' patience and deal with trapped funds.

As time goes on, retail investors who buy stocks with the mindset of "making easy money" will gradually change to the mindset of "preserving capital". As long as the sideways movement lasts long enough, they will leave as soon as they break even, which is the same as most retail investors.

He plunged headlong into the stock market, hoping to make a fortune, but ended up losing most of his money. In the end, he stopped thinking about making a profit and just wanted to break even before he stopped playing.

……

Just as Zhang Jianping was planning to "create the H1N1 flu trend three times" to reap the last harvest of retail investors, the newly established "Zexi Private Equity" welcomed two "gods of wealth": Wang Xi from Industrial Securities and Liao Wanguo from Huachuang Securities.

"I've long admired Manager Xu's name; your reputation precedes me." Wang Xi adopted a humble posture and proactively extended his hand to Xu Xiang.

"Hello, Manager Wang."

Xu Xiang shook hands with them briefly and said, "Please sit here."

The chubby man with a thick beard standing next to Wang Xi is Liao Wanguo, a fund manager and market researcher at Huachuang Securities.

"Chinese speculators look to Ningbo, and Ningbo speculators look to Xu Xiang. Today, after seeing Manager Xu, I finally understand what it means to be outdone by others and to be in a world beyond our understanding."

"Haha, me too."

The two men showered Xu Xiang with flattery, as if they wanted to elevate him to the heavens.

But who is Xu Xiang?

A benchmark for speculative capital!
Those who can survive in the stock market are basically monsters, and Xu Xiang will not be complacent just because the two people flatter him.

Since Wang Xi and Liao Wanguo had made an appointment in advance, Xu Xiang had also prepared tea early, poured the tea into cups, and placed them in front of the two of them.

Wang Xi picked up her teacup, glanced at Xu Xiang's office, and said, "Manager Xu is indeed Manager Xu. To be able to own an office in the most prosperous financial district in China, your achievements are truly beyond our reach."

"Too far to catch up, too far to catch up."

Liao Wanguo echoed in agreement.

"Let's get down to business. I heard you two say it's something that can be done. How exactly?" Xu Xiang asked cryptically. To prevent the two from using any underhanded tactics, the office's built-in recording equipment was already on.

"Gulu——"

Wang Xi took a sip of tea, put down the teacup, and looked at Xu Xiang, saying, "Manager Xu, do you know about hepatitis B?"

Hepatitis B virus.

"That's right!"

As soon as Xu Xiang finished speaking, Wang Xi nodded eagerly. Then he asked, "It's about the hepatitis B virus. Manager Xu, do you know how many hepatitis B virus carriers there are in China?"

“I haven’t.”

Xu Xiang shook his head.

He knew about the hepatitis B virus, but he didn't really know the approximate number of people infected.

“120 million people,” Wang Xi stated the exact number, then added, “One in every 11 people in China is infected with the hepatitis B virus. Just think how outrageous that ratio is.” “If what you say is true, then the infection rate is indeed extremely high, but I want to know, what does this have to do with the operation?”

Xu Xiang went straight to the point.

Life is only about 30,000 days long; he doesn't have that much time to waste.

Seeing that Xu Xiang didn't want to beat around the bush, Wang Xi leaned forward slightly and lowered her voice, saying:
"In 1998, Shancheng Beer invested 1435.2 million yuan to acquire 52% of Jiachen Biotechnology and developed new hepatitis B drugs based on the research platform of the Third Military Medical University."

"In 2001, Shancheng Beer increased its stake in Jiachen Biotechnology to 93.15% and announced that its hepatitis B cure vaccine had entered Phase II development. Now..."

He paused for a moment, then said, "The peaches are almost ripe."

"!!!"

Xu Xiang was suddenly startled.

This news is absolutely groundbreaking.

The fact that a curative vaccine involving 1.2 million hepatitis B patients in China is already "almost ripe" suggests that, from an investment perspective, the potential for speculation is enormous.

Although his heart was churning with turmoil, Xu Xiang remained calm and pressed on, "So how do you plan to operate this?"

“It’s very simple, Manager Xu.” Liao Wanguo, standing to the side, smiled and said, “We’ll take care of the publicity, and you give us a share of the profits. We’ll work together happily.”

According to Article 40 of the Securities Law, securities practitioners shall not, during their term of office or statutory period, directly or under an alias or in the name of another person, hold or trade stocks or other equity securities, nor shall they accept stocks or other equity securities as gifts from others.

Because of these investment restrictions, even if Wang Xi and Liao Wanguo had inside information, they were unable to enter the market to profit.

Many people might think that since there are investment restrictions for professionals, why not just use their parents' or relatives' securities accounts to invest?

The ideal is beautiful, but the reality is harsh. This is still not allowed, and it can still be found out.

In fact, the China Securities Regulatory Commission (CSRC) is often aware that some people are manipulating the market and that there is a transfer of benefits. However, unless it goes too far and exposes the truth, they will not impose heavy penalties.

But a bomb is a bomb; you never know when it will explode.

Given these constraints, partnering with private equity funds is the best option, and it also allows for the transfer of benefits through covert means.

For example, if Xu Xiang made money on stock A by relying on insider information, in order to subtly transfer the benefits, he could have the "beneficiary's" wife, brother, or other people buy a stock B that was completely unrelated to stock A in advance, and then Xu Xiang would drive up the price and profit from the arbitrage.

With this process in place, it becomes very difficult for regulators to verify whether the profits from stock B are directly related to those from stock A.

After learning of their purpose, Xu Xiang weighed the options and nodded, saying, "Cooperation is possible, but how will you create momentum?"

“We are all market researchers, and we can use the channels of Industrial Securities and Huachuang Securities to endorse us. Moreover, the information we release can withstand market scrutiny.”

"He's right."

Wang Xi and Liao Wanguo spoke one after the other.

Both men have backgrounds in securities firms, which allows them to legitimately lure retail investors into buying their shares by releasing market research reports.

Seeing how skilled the two were, Xu Xiang concluded that they had done this a lot before.

"In that case, it's a pleasure to cooperate." Xu Xiang was a straightforward person, and he naturally wouldn't let go of any opportunity that offered him a benefit.

"And in this regard..."

Wang Xi rubbed his thumb against his index finger, a classic gesture for counting money.

Liao Wanguo, who was standing to the side, also looked at Xu Xiang. They were not "philanthropists." They came to Xu Xiang because they were interested in his funds and abilities and wanted him to transfer benefits to them.

"Make a price."

Xu Xiang picked up the teacup on the table.

Wang Xi and Liao Wanguo exchanged a glance and a look. The former held up two fingers and said, "We want this number."

Xu Xiang: "Ten million?"

"Yes."

Wang Xi nodded in response.

Xu Xiang put down his teacup, looked at the two of them, and said, "I can give you this amount, but only if I can earn ten times that amount in profit. What do you think?"

"Row."

"no problem."

Wang Xi and Liao Wanguo were very confident.

According to the information they have, Jiachen Bio will announce the progress of its hepatitis B vaccine development soon, and the situation is very optimistic.

If Xu Xiang's "Zexi Private Equity" were to make its move now, it could absolutely make a fortune and exit gracefully.

"Wish us happy cooperation."

Xu Xiang raised his teacup.

"Pleasant to work with."

"It's a pleasure doing business with you, Manager Xu."

The three of them raised their teacups together and, in the midst of their conversation and laughter, settled the matter of the chain of interests being transferred.

Many people might wonder why matters involving interests don't need to be written down in black and white?
Writing down the affairs of securities companies and private equity funds would be like using them against us.

Wang Xi and Liao Wanguo were not worried that Xu Xiang would go back on his word, because if they confessed to the China Securities Regulatory Commission, Xu Xiang would also have to go to jail.

to be honest.

We're all in the same boat.

Since we're all in the same boat, there's no need to sign any contracts, lest we lose them and give others leverage over us.

……

1:30 p.m.

[Financial Research Network Financial Reminder]: The banking sector saw a strong recovery in the afternoon, driving up sectors such as real estate, auto services, port and shipping, and insurance. The index is currently up 1.64%. The liquor sector continues its strong momentum, with Wuliangye and Jinxi Fenjiu both hitting the daily limit, and Guizhou Moutai rising by more than 8%!

A股一共有五个变盘节点，分别是上午10点、10点30分、11点，以及下午的1点30分和2点。

上午10点的变盘逻辑是定方向，多空双方会在9点30分到10点的这30分钟里争夺大盘方向。

If the two sides are evenly matched, the game could continue until 10:30.

The market reversals at 11 a.m. and 2 p.m. are often surprise attacks at the close, because the opposing funds are usually relaxed at this time.

As for 1:30 PM, the logic is the same as the morning's directional rush.

Every stock market has both long and short positions, and they compete every trading day to see who has the bigger fist.

Some people may wonder, doesn't the A-share market not have a short-selling option?
The short-selling funds in the A-share market are not the same as the short-selling funds in the US or European stock markets. Instead, they tend to drive down stock prices to acquire shares at lower prices, or to facilitate profit-taking.

The market's recovery in the afternoon also fueled a frenzy among retail investors.

[Little Brat]: The cow is here! The cow is here again! Teacher Da Xiao wasn't lying, after the disagreement, it really is a cow!
[Kaka Sauce]: Li Daxiao is really something, isn't he? After the divergence ended in the morning, the stock price surged in the afternoon. I seriously suspect that he is the early warning system sent by the national team!

[Pointing to the Sky and Asking Heroes]: Divergent bull market, divergent bull market, after the divergence comes the bull market! Comrades, let's embrace the divergent bull market in the Chinese stock market and break through 3000 points directly!
[A Little Kitten]: Baijiu (Chinese liquor) stocks are so strong today, they're practically all going to hit the daily limit. Can anyone tell me what the logic behind their rise is?
Jinxi Fenjiu raised prices by 10%, which led the entire liquor sector to surge, leaving many retail investors puzzled by the underlying logic.

Because they couldn't understand it, many people missed out on this round of baijiu (Chinese liquor) market gains.

Meanwhile, seeing the strong recovery in A-shares in the afternoon, Li Daxiao quickly filmed a video to continue advocating for value investing.

"The liquor sector has surged, and the A-share market has made a strong recovery in the afternoon session. Comrades, the liquor sector has led a collective rise in the consumer sector, which shows that China's economy is recovering in an orderly manner and the stock market is far from reaching its peak. After experiencing a divergence in capital, I believe that consumption deserves our attention. I call the next stage of the bull market the 'Liquor Bull'!"

Why is it Baijiu Niu?

"Because if a person drinks baijiu (Chinese liquor), there's a chance they might go crazy. If a cow drinks baijiu, it might also go crazy. At this stage, the A-share market needs to go completely crazy!"

"Embrace the baijiu ox, comrades!"

The emergence of the "liquor bull" caused liquor stocks to surge again at the end of the trading day. After countless retail investors profited, they have become completely convinced of Li Daxiao's abilities and have left comments in the comment section.

[Xiao Student]: Thank you, Teacher Xiao. After the disagreement, it really is amazing. I have to hold on tight to this amazing baijiu!
[Dragonfly Flying]: Buy good stocks, be a good person, and you will be rewarded. I believe in Teacher Da Xiao's judgment. I plan to buy 10 yuan worth of Moutai stocks and hold them for ten years to see how much I can earn.

[A-shares refund my money]: Are you really willing to leave A-shares untouched for ten years? You might as well buy gold, lest you end up with only 100 yuan left.

[Big Nose]: The logic behind the rise in gold prices is safe-haven demand. Unless there is a world war or the world economy falls into deflation, buying stocks will definitely make more money than buying gold, but the premise is that you buy the right ones!
In the past six months, Li Daxiao's repeated bullish predictions, with a success rate as high as 95%, have made him a large number of stock investors his fans.

The issue of liquidity shortage, which economists such as Liu Jipeng and Yang Delong have been mentioning repeatedly, is no longer attracting the attention of retail investors.

Running out of funds?

Can it be depleted to 2900 points?
Many investors didn't believe it, and they started rushing into the market to trade.

By 3 p.m., when the A-share market closed, the Shanghai Composite Index closed at 2975.31 points with a trading volume of 210 billion yuan, up 1.61%, while the Shenzhen Component Index closed at 11605.51 points with a trading volume of 80 billion yuan, up 1.69%.

Northbound capital stopped selling for half a month and saw a net inflow of 7 billion yuan on June 29, while domestic capital saw a net inflow of 12 billion yuan.

Today's surge has been interpreted by many financial media outlets as a "remedy for foreign capital missing out," with them rushing back into the market.

……

6 month 30 number.

This was the last day of June 2009, and also the last trading day. Many stock investors were hoping for a "final battle".

However, things didn't go as planned. The market started to decline in the morning of June 30th. The liquor sector, which had shone brightly the day before, underwent a collective correction, leaving a feeling of utter lethargy after the initial outburst.

The market downturn did not stop Zhang Yang, Liao Guopei, and Lin Guangchang from selling their shares.

Yesterday, they followed the market's rise and strictly controlled the amount of shares they sold. In the end, the turnover rate of Kainuo Technology was fixed at 7.8%, which was almost the same as Zhang Yang's prediction in the morning.

After selling 600 million shares of Kainuo Technology at 6.16 yuan, they cashed out a total of 3696 million yuan, replenishing their pockets with funds once again.

Although the overall market remained sluggish today, it did not prevent Kainuo Technology from hitting the daily limit. This was because Kainuo Technology issued a stock price fluctuation announcement at 8 pm yesterday, confirming the existence of a "backdoor listing" and igniting the emotions of retail investors.

The market is falling, but I'm not; that's the advantage of trading speculative stocks.

Anyone who has traded speculative stocks knows that speculative capital would love for the market to fall sharply, so that market funds would stick together for safety.

Zhang Yang, Liao Guopei, and Lin Guangchang continuously sold off their shares. By the close of trading at 3 p.m., they had sold another 600 million shares at 6.78 yuan, with a turnover rate of 7.3%, which was 0.5% lower than yesterday.

On June 29, they cashed out 3696 million yuan, and on June 30, they cashed out 4068 million yuan. In just two days, the "Liu Guan Zhang" team got back 7764 million yuan of their principal. They only need to sell steadily for one more day to recover all their investment.

"That's all for today!"

Liao Guopei stretched.

The fact that they were secretly shipping out goods for two consecutive days made his eyes a little blurry.

"Hey Joker, didn't you say Shanghai University of Finance and Economics was taking graduation photos today? The A-share market has closed now, you'd better hurry up."

Lin Guangchang reminded him.

Zhang Yang glanced at the time and said without any hurry, "Investment studies don't start until four o'clock. It only takes half an hour to get back to Shanghai University of Finance and Economics. Let me first take stock of the remaining shares. Send me screenshots of your individual stock account holdings."

"Row."

"immediately."

Liao Guopei and Lin Guangchang acted quickly, using QQ's screenshot function to send a screenshot of the securities account to Zhang Yang's QQ account.

They originally held 2302 million shares, but sold 1200 million shares in the past two days and bought back more than 200 million shares after the price surged. In other words, they still have 1302 million shares of Kainuo Technology.

Based on today's limit-up price of 6.78 yuan, the 1302 million shares of Kainuo Technology are worth a total of 8827.56 million yuan.

With 8827.56 million plus the 7764 million already cashed out, they can guarantee to cash out at least 1.65 million Chinese yuan.

Based on the total investment cost, this round of investment can earn at least 5000 million yuan, which has exceeded Zhang Yang's expectations.

Why did it exceed expectations?
Zhang Yang hadn't expected the bullish funds to be so aggressive; they only needed to invest a tiny amount, and other funds would help drive up the price.

He originally expected a profit of 30% to 35%, which was based on the cost of raising the price. Now that the cost of raising the price has been reduced by more than half, the profit can reach more than 45%, and may even exceed 50%!

Based on a 532 split, Zhang Yang can get at least 2500 million!
……

After sorting out the details of the accounts, Zhang Yang closed his laptop and looked at Liao Guopei and Lin Guangchang, saying, "Then I'll go back to Shanghai University of Finance and Economics. Do you want to go and take a look?"

"Are outsiders allowed in?"

Liao Guopei inquired.

"It should be possible. Today is the last day of graduation season, and many students will bring their parents or relatives and friends to take photos."

Zhang Yang responded.

"I want to go and see what it's like to study at a finance school." Lin Guangchang didn't come from a finance or economics school, and he wanted to see what kind of strange and wonderful people finance majors were.

If possible, getting to know one or two of them might be a great help in your life.

"Take me one."

Liao Guopei chuckled.

"Let's go then, so we don't get late."

Zhang Yang gave a greeting.

The three shut down their computers and immediately left the Caiyan.com office floor, driving their own cars straight to Shanghai University of Finance and Economics.

As it was the last day of university graduation, many students were accompanied by their parents, and there were also freshmen and their parents visiting the school. Severe traffic congestion had occurred at the entrance of Shanghai University of Finance and Economics, and security guards were actively maintaining order.

"The parking spaces are outside; there are no more parking spaces available on campus. Please cooperate!"

Without hesitation, Zhang Yang called out to Liao Guopei and Lin Guangchang, parked the car in a roadside parking space 500 meters from the school, and then walked into the school.

Perhaps because he was so famous, the moment Zhang Yang entered the campus of Shanghai University of Finance and Economics, girls kept running over to take photos with him, wanting to include him in their life photos.

Liao Guopei and Lin Guangchang finally understood that with good looks and talent, one can really do whatever one wants in university!

(End of this chapter)