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

Chapter 161 The Ruthless Manipulators of Fuchun Road: Retail Investors and Speculative Capital Harvest Together

July 7th, Minor Heat.

Deep in China.

China Merchants Securities Hongling Middle Road Branch.

Wearing black-rimmed glasses, a light blue plaid shirt, loose black trousers, and a backpack, Chen Sanrong, who looked just like a programmer, walked into the sales department.

Having grown accustomed to offline transactions, Wang Xiaoshuang, a newly hired receptionist, greeted Chen Sanrong warmly as he walked into the business department, saying, "Good morning, Mr. Chen."

"morning."

Chen Sanrong responded.

Knowing that Chen Sanrong was a speculative investor, and even held millions or tens of millions of yuan, Wang Xiaoshuang also wanted to "advance" and asked in a high-pitched voice, "Mr. Chen, do you have time tonight? I would like to ask you some questions."

During this period, in order to catch a "golden turtle" (a wealthy man), she put on makeup almost every day, and would give hints to Chen Sanrong every time he came to the sales department.

"Sorry, I have something to do tonight." Chen Sanrong declined Wang Xiaoshuang's invitation without hesitation.

For ordinary people, female beauty may be a scarce resource.

However, for speculative funds that hold hundreds of millions of yuan and have strict execution capabilities, a trip to Dongguan or Sanya is much less costly than using public vehicles for private purposes.

Seeing that Chen Sanrong refused so readily, Wang Xiaoshuang was not discouraged at all. Instead, she planned to arrange another meeting later, saying, "Alright then, call me anytime you have time. I really want to ask you about trading issues."

"Let's talk about it later."

Chen Sanrong stopped chatting and went straight to the VIP room.

He had just put down his backpack when Feng Feiyang, the sales manager, approached him with a fawning smile, rubbing his hands together, and said, "Could you spare a few minutes, Mr. Chen?"

"Just tell me."

As is customary, Chen Sanrong did not use the business department's computers, but instead took out his own laptop from his backpack.

“Mr. Chen,” Feng Feiyang said, gathering his thoughts. “I’m currently short on sales. Could you help me by introducing a few friends to open accounts? Don’t worry about the commission; it’s 0.027%, and the reverse repurchase fee is discounted by 3%.”

"I'll ask around for you later." Chen Sanrong connected to the internet and sat down in the VIP trading area.

"Alright, then I won't bother you any longer, Mr. Chen. If any of your friends want to open an account, feel free to call me anytime." After saying this, Feng Feiyang left the VIP room.

After Feng Feiyang left, Chen Sanrong began to organize his documents.

To become a successful speculator, no matter how talented one is, one must review and organize data, and strictly execute one's own strategies.

As 9 a.m. approached, the FTSE China A50 futures index listed in Singapore began to fluctuate. The initial 0.97% gain started to fall, quickly dropping to 0.61%. The sharp decline in the futures index made Chen Sanrong frown and worry, "Is the momentum about to collapse?"

The market rose for four consecutive trading days in July, and all of them were solid positive candlesticks. If a downward trend were to emerge at this point, it would be very easy to sway market sentiment.

why would you say so?

Even without considering the longer timeframe, in the first four trading days of July alone, both major indices rose by more than 5%.

Keep in mind that this is the main market index. If the main market index rises by 5%, small and medium-sized stocks may rise by 20% or even more.

While Chen Sanrong was pondering, the retail investors visibly panicked and obvious disagreements emerged.

[Double Guns biubiubiu]: Something's not right, something's not right. The FTSE China A50 Index is starting to plummet!
[Jianbing Guozi]: I'm not afraid of anything! With the two major indices rising so much, there must be some people taking profits. As long as it doesn't break through the 5-day moving average, I'll just close my eyes and go all out.

[Little Kid]: The FTSE China A50 Index represents the attitude of foreign capital. If they run away, domestic capital will be left helpless. No way, I have to run away. I wish everyone on the bus good fortune.

[Arm-to-Arm Barbecue]: My assessment is that it's timid as a mouse. Not only is it supported by the 5-day moving average, but yesterday's trading volume was also healthy, and the MACD DIFF line is on the upside with increasing volume. There are absolutely no signs of a top divergence. In this situation, it should stand up and kick the A-shares!
[Kuang Batian]: That's right, stand up and kick!

The stock market is a game of chance, where every investment has its own expectations.

Whether the price rises too much or falls too much, some funds will leave the market while others will enter.

To judge the daily trend of the market and stocks, we need to analyze whether more funds are coming in or going out, as well as the real-time changes in sentiment and news.

……

As time went on, the two major A-share indices began to fluctuate, and nearly two thousand stocks entered the pre-market auction phase.

Seemingly influenced by the FTSE China A50 futures index, the Shanghai Composite Index fell 0.31% at the opening, prompting most of the profitable and loss-recovering funds to cash out, while those who were on the sidelines and speculative funds looked for a lower point.

Looking at the market's pullback trend, Chen Sanrong casually entered the sector code for banks and asked, "Have the banks finally slumped?"

银行板块自2009年1月回落到2008年9月底部后，就开启了6个月的持续攀升。

Take the Industrial and Commercial Bank of China (ICBC) as an example. Its share price rose from 3.47 yuan in January to 5.76 yuan on June 23, an increase of 66%. This means that if you invested 1 million yuan in ICBC in January, you could now earn 660,000 yuan passively.

However, after surging on June 23, the banking sector began to trade sideways, with only minor gains.

It's worth mentioning that since the beginning of July, the banking sector has seen a collective surge in trading volume. The Industrial and Commercial Bank of China (ICBC) saw its trading volume rise from 10.98 billion yuan on June 30th to 17.46 billion yuan on July 1st, and yesterday's trading volume remained at 17 billion yuan.

The current decline in bank stocks could be the straw that breaks the camel's back.

Chen Sanrong has switched between the securities and oil sectors again. The securities sector is currently showing a slight increase, while the oil sector has undergone a significant correction.

What is now certain is that banks, oil, and coal are all declining, while the liquor sector is collectively rising.

"Traditional stocks are falling, but liquor stocks are rising against the trend, which seems like a style shift," Chen Sanrong analyzed the market changes.

After scanning the overall market information, he turned his attention to Tuori New Energy, a company he had invested in and controlled. This was a "nearly new stock" that went public in February 2008, as IPOs were suspended in September, meaning he had caught the last train.

Chen Sanrong invested in Tuori New Energy because of its small market capitalization, few shareholders, and its status as a "green and low-carbon concept" company focusing on amorphous silicon and monocrystalline silicon solar cell chips and modules.

Many stock market investors may not understand why the low-carbon economy is repeatedly mentioned by economic experts and even referred to as the "Fourth Industrial Revolution" by well-known private equity manager Shi Bo.

Is this really the Fourth Industrial Revolution?
No!

That's about protecting the Earth, and everyone has a responsibility.
Nor is it!
The low-carbon economy is repeatedly mentioned and has even become a global consensus because it was proposed by the European Union. Industrialized countries around the world that want to do business with the EU must comply with its rules.

If an African country or a Middle Eastern country raises this issue, who will want to play with you?
Because of their desire to enter the European market, industrialized countries around the world have begun to focus on energy conservation, emission reduction, and climate change.

In Chen Sanrong's view, if China wants to revitalize its export trade, it must comply with European market rules and will definitely actively develop new energy sources to drive a low-carbon economy in the future.

……

Just as Chen Sanrong was slightly distracted, Tuori New Energy suddenly released bidding volume, which immediately caught his attention.

"Is Lao Zhuang going to push up the price?"

Chen Sanrong immediately became alert.

At 9:25 AM, Tuori New Energy opened at 28.11 yuan, a 0.03% increase, only 0.01 yuan more than the previous trading day's closing price.

Before 9:20, Tuori New Energy was down 1.27%, but as 9:20 approached, the decline was gradually wiped out.

The shift from weakness to strength, against the trend, clearly indicates the intervention of funds.

When 9:30 a.m. arrived, several medium-sized orders of 50 yuan each popped up in the details area, and the stock price was pulled up to 28.47, an increase of 1.33%.

Chen Sanrong did not move, and neither did Jianguo Road, which was far away in Yanjing.

"Jianguo Road" is actually named Wen Hongbin. He is a native of Yanjing and entered the A-share market in 1994. He was a speculative investor at the same time as Xu Xiang, but his talent was not as great as Xu Xiang's. After playing the stock market for 15 years, his capital was only 3.4 million yuan, which belongs to the second-tier top speculative investor group.

Although Wen Hongbin's principal was only 3.4 million yuan, he was an aggressive speculative investor. He used 2000 million yuan as margin and borrowed 1 million yuan from off-exchange financing, so his available funds were equivalent to 4.2 million yuan.

Tuori New Energy has 4800 million shares in circulation. Based on a price of 28.47 yuan, its current total market value is only 13.6 billion yuan.

Wen Hongbin got involved with Tuori New Energy very early, during the market downturn in 2008, and currently holds 50% of Tuori New Energy's circulating shares.

It's worth mentioning that nearly half of the 2000 stocks in the A-share market have controlling shareholders, and this number is even after a sharp drop and market correction. Before 2007, almost every stock had a controlling shareholder.

There are two types of stock manipulators: short-term manipulators and long-term manipulators. Both types have their own expectations for profit.

Long-term market makers typically need to hold more than 40% of the circulating shares, while short-term market makers only need 10% of the circulating shares.

Short-term speculators prey on retail investors, medium-term speculators prey on both short-term speculators and retail investors, and long-term speculators basically prey on everyone—it's a food chain.

Therefore, before attempting to gain short-term control of a stock, it is essential to ensure that you have sufficient funds and the confidence to act as a major player. Otherwise, it is best to choose stocks without long-term major players.

Of course.

In the vast majority of the time.

In the short, medium, and long term, market makers all cooperate to harvest profits; they only resort to infighting when they fail to profit from retail investors.

At this moment, Wen Hongbin was playing with walnuts, his eyes fixed on the computer screen, and he whispered his analysis: "2400 million shares will be released from lock-up in August, so the stock price should not be too high. However, if there is a short-term speculator driving up the price, we can harvest some shares first."

Long-term investors tend to operate in the stock market in a way that is somewhat similar to cultivating retail investors, harvesting them one crop after another.

The reason why long-term investors tacitly allow short-term investors to drive up prices is that they do not need to pay the cost of raising prices, and they can also realize profits at the high point.

Tuori New Energy issued an announcement at the beginning of this year, stating that 2400 million restricted shares would be released from lock-up in mid-August.

If Wen Hongbin wants to continue operating and profiting, the first thing he needs to do is not to let the stock price go too high, because restricted shares may be cashed out at the peak. If he wants to keep the stock price reasonably low, he can only first harvest a group of retail investors, make them stand on the top, and cash out his funds at the same time, and then continue to accumulate shares after the lock-up period expires.

50 million.

43 million.

67 million.

Each order drives up the stock price of Tuori New Energy.

However, without funding, the project quickly stalled.

Around 10:47 a.m., the stock price, which had fallen back to 28.16 yuan, rose again. This time, Chen Sanrong decided to follow suit, and the two funds began to work together to push the price up.

28.44 yuan.

28.69 yuan.

29.74 yuan.

The rapid rise in stock price energized retail investors in Tuori New Energy shares, who eagerly followed the upward trend.

[Call Me Handsome]: Is it an N-shaped upward surge? It feels like the market is about to start a rally, and there's definitely room for speculation in clean energy.

[Smoke of battle]: The low-carbon economy is the main theme of the future. Those foreigners in the EU said that if we don't do environmental protection, we won't want our industrial products. Tuori New Energy's stock price will definitely soar!
[One-word battle]: Let's see what happens with 20,000. My stop-loss line is 40%. If the main force has the guts, let's kill me!
The rise in Tuori New Energy's stock price ignored the decline in the overall market. When multiple funds joined forces, unusual fund movements emerged.

[Stock Anomaly Alert]: Tuori New Energy saw a super buy order, amounting to 200 million.

The moment unusual fund flows appeared, Tuori New Energy's popularity surged instantly, and many investors, seeing the stock price about to hit the daily limit, rushed to buy the stock.

Wen Hongbin, as a long-term investor, did not sell off his shares. He needed short-term investors to help him raise the stock price so that he could reap the benefits.

Chen Sanrong and other speculative investors, thinking that Lao Zhuang was driving up the price, started fantasizing about multiple consecutive limit-up days, just like the retail investors rushing in.

……

Around 11:30 a.m., Tuori New Energy successfully hit the daily limit, currently trading at 30.91 yuan, with 7600 lots of buy orders at the limit price, totaling 2349 million.

Not only solar energy company Tuori New Energy, but also wind energy company Goldwind Technology and flue gas treatment company Longking Environmental Protection all hit their daily limit.

The low-carbon economy and green energy sectors became one of the few sectors in the A-share market to rise.

As the National Science and Technology Innovation Conference convened, in the afternoon, Zhongke Yinghua (now Nord Shares), Huaguo Software, and TBEA all hit their daily limit.

As the market approached its 3 PM closing time, stocks even remotely related to the "technology" concept saw gains, largely due to the emphasis made by the national representative at the National Science and Technology Innovation Conference…

[We will implement the strategy of invigorating the nation through science and education, accelerate the construction of a national innovation system, and enhance our independent innovation capabilities.]
The twelve characters "Independent innovation, revitalizing the nation through science and education, and revitalizing the nation through science and technology" appeared on the homepage of Caiyan.com's current affairs news, prompting a large number of stock market investors to begin analyzing them.

[Running A Chan]: Independent innovation, science and education to revitalize the country, science and technology to revitalize the country, won't science and technology be the new main theme?

[Carcass]: The Nasdaq index in the US brings together technology companies. Is it possible for us to also integrate technology companies?

[Charming Villain]: If you don't understand, just ask, what advanced technologies does China have?
The introduction of the technology concept has caused countless stock market investors to ponder, because China has never really hyped up the technology concept before. This is mainly because China's industrial development started too late and it has not accumulated any cutting-edge technologies.

As the market closed at 3 p.m., both major indices declined.

The Shanghai Composite Index closed at 3089.45, down 1.13%. During the National Science and Technology Innovation Conference, the index reached a high of 3130.07 points, breaking the previous high, but unfortunately it experienced a sharp drop at the end of the day. Its trading volume was 1880 billion yuan, a decrease of 159 billion yuan.

The Shenzhen Component Index also broke a new high during the session, reaching 12593.81, but it also plunged at the end of the day, closing at 12362.44, a drop of 1.02%, with a trading volume of 913.77 billion yuan, a decrease of more than 40 billion yuan.

The decline on July 7th was a collective pullback in index-weighted stocks.

Industrial and Commercial Bank of China (ICBC) closed at 5.43 yuan, down 2.16%; China Construction Bank (CCB) closed at 6.38 yuan, down 3.04%; Huaguo Petroleum closed at 14.82 yuan, down 2.24%; and Huaguo Shenhua closed at 32.83 yuan, down 1.97%. Most of the index-weighted stocks that had previously risen experienced a pullback today.

The decline in the index and heavyweight stocks has put Li Daxiao in the spotlight.

[A little gambling for fun]: I adjusted my portfolio this morning and bought bank stocks, and I got trapped instantly. Li Daxiao, I'll fuck your ass!

[God Soaring to the Sky]: No, you said you'd break the high bull, and it only lasted 3 seconds? Even shorter than my brother's time. [Sunny Day]: Just tell me if it broke or not. Li Daxiao almost guessed right. Luckily, there weren't five consecutive positive days.

[Shenyan Mulin]: I'm so mad from losing money. Banks dropped 2% today, and I lost over 3,000 yuan. If I keep losing, I'll really have to work as a prostitute!

Li Daxiao, who has been closely following the stock market, saw the index fall and, combined with the index reaching a new high, after much deliberation, recorded another video and released it.

It's a pity, comrades, that the A-share market failed to achieve five consecutive days of gains in July. However, we did see that the Shanghai Composite Index surged to 3130.07 points during the trading session, breaking the previous high. Moreover, today, heavyweight sectors such as banking, oil, and coal all experienced a pullback. I believe this is an opportunity to buy on dips.

As the saying goes, "A bull turning back is priceless," and comrades, the bull that has turned back is coming, striding joyfully towards us!
The emergence of the "returning cow" made Li Daxiao instantly soar to the top of Weibo's financial hot search list. After seeing the words "reversing to pick up people", fans affirmed his idea.

[Xiao Student]: So it was a "returning bull"? I trust Teacher Xiao, after all, it was this man who made me a fortune of 7 yuan!

[Invincible Xiao Chen]: A bull market is a rare opportunity, so tomorrow I'm going to embezzle public funds and go all in. If I make a profit, call me Boss Chen; if I lose, just call me Mr. Chen.

[Full of Stars]: If we lose money, we'll say it was Da Xiao who instigated it, and drag Da Xiao into it too. Maybe we can get a reduced sentence.

[Qingmeng]: Li Daxiao: 666, so love will disappear, right?

The decline in the index did not dampen investors' enthusiasm; instead, it made them feel that this was truly a "bull market correction."

While Li Daxiao was becoming the focus of financial attention, the Dragon and Tiger List was quietly released and subsequently appeared on the homepage of major financial websites.

Since Tuori New Energy was one of the few stocks to hit the daily limit today, Chen Sanrong was also keeping an eye on the stock's trading data.

next second.

His eyes suddenly widened.

"What the hell?! Fuchun Road???"

Not only Chen Sanrong, but also the speculative investors of Goldwind Technology and Zhongke Yinghua were all shocked and felt their mouths go dry when they saw the name "Zhejiang Huaxin Securities Fuchun Road Branch".

"Damn it, I'm on the same bus as Fuchun Road, is this bastard going to smash my car?"

"The one that joined me in pushing up the price was actually Fuchun Road. If I had known it was this company, I would have suppressed it."

"We hope that the development of Fuchun Road will be significantly improved."

"It shouldn't get smashed, right?"

Fuchun Road's infamous reputation has spread throughout the entire speculative investment circle. Although Kainuo Technology made a splash, no one can forget its "924 Knife Method" that left top speculative investors like Xu Xiang, Zhang Jianping, and Qiu Baoyu hanging at the top of the mountain.

This time he chose a different approach, but can you guarantee he'll always choose a different approach?

Overshadowed by the notorious reputation of Fuchun Road, other brokerage firms that were involved went unnoticed, and all speculative capital focused its attention on Fuchun Road.

……

7 pm.

Zhang Yang was right in front of the TV on time.

With the broadcast of "Xinwen Lianbo" (the nightly news program on CCTV), the most authoritative and valuable news is presented to ordinary people in China.

The first news item is that COFCO Group, together with Hopu Investment, acquired a 20% stake in Mengniu for HK$61 billion, becoming its largest single shareholder.

The CCTV Evening News interpreted this transaction as the largest equity acquisition in China's food industry, marking the entry of central state-owned enterprises into the entire dairy industry chain through capital operations, aiming to enhance food safety control capabilities and international competitiveness.

"Mergers and acquisitions concept".

Zhang Yang continued to take notes quickly.

Since the "China Mergers and Acquisitions Annual Conference" was held, both overseas and domestic mergers and acquisitions have been proceeding in an orderly manner, and companies with merger and acquisition opportunities have also jumped on the bandwagon of merger and acquisition-related concepts.

Because of the booming mergers and acquisitions, Huaguo Bank also revisited Zhang Yang to inquire about the nature of his overseas investments.

Zhang Yang certainly wouldn't have said he was bidding for "Buffett's Lunch," but rather condensed it to say he was asking Buffett to be his spokesperson.

When the bank president, Lan Chengyun, who was making a follow-up call, heard that Buffett was being hired as a spokesperson, his eyes lit up. He had discovered that Alibaba had just deposited 5000 million RMB into Caiyan.com's company account. It was precisely because of this 5000 million RMB that he personally called Zhang Yang to find out the details.

The second news item on CCTV's "News Broadcast" was that Fengtian Chemical Group's 50-ton/year heavy oil catalytic thermal cracking unit for producing olefins had successfully started trial operation.

This is the world's first olefin production unit using heavy residue oil as feedstock, filling a technological gap in China.

The project adopts a self-developed two-stage dry coal gasification furnace technology. After it is put into operation in 2011, it is planned to achieve a power generation efficiency of 48% and pollutant emissions that are better than the standards for gas turbines, which is of strategic significance for optimizing the energy structure.

Zhang Yang: "Clean coal is good for the coal industry."

The third news item is that the Chinese representative emphasized at the G8 dialogue that China opposes trade protectionism and calls for the establishment of a fair and just new international financial order.

Zhang Yang: "International trade."

The fourth news item is that the National Energy Administration released the "Eleventh Five-Year Plan for Renewable Energy Development," which sets a target of non-fossil energy accounting for 10% of primary energy consumption by 2010, with a focus on promoting the large-scale application of wind power, solar energy, and biomass energy.

Upon seeing this news, Zhang Yang realized that tomorrow was a sure thing, because the companies they had invested in today, such as Tuori New Energy, Goldwind Technology, and Longking Environmental Protection, all fell into this category.

……

Wednesday, September 7th.

As usual, Chen Sanrong arrived at the Hongling Middle Road branch of China Merchants Securities. However, unlike before, he did not greet the receptionist or chat with the branch manager. Instead, he had a gloomy face.

Fuchun Road, he never thought of sharing a ride with Fuchun Road. Every time he shared a ride with this guy, he would get smashed to pieces.

He was a member of the joint venture fund for Rhine Biologics last time, and he was also the victim who got stuck at the top of the mountain and lost 130 million yuan.

When Chen Sanrong saw Fuchun Road yesterday, he felt like killing the person on it.

Fortunately, there was some good news in the clean energy sector last night. The "Eleventh Five-Year Plan for Renewable Energy Development" document mentioned that the focus should be on promoting the large-scale application of wind power, solar energy and biomass energy, and Tuori New Energy happens to be a leading technology company in solar energy.

"Fuchun Road, don't mess with me."

Chen Sanrong muttered to himself.

As 9:15 AM arrived, A-shares experienced another sharp correction, with the banking, oil, and coal sectors leading the decline.

When investors saw the Shanghai Composite Index drop 0.79% immediately after the market opened, they panicked, especially since it was still in the pre-market auction phase.

[Grumpy Guy]: No, where's your bullshit? Li Daxiao, where's your bullshit? I believed you and transferred all my stocks to the bank, and they've fallen for two consecutive days. Are you trying to sell me off with a single order?!
[暮暮朝朝]: You guys actually believe Li Daxiao, that swindler? In 2007, the index was at 6000 points, and he kept comforting people all the way down to 1800 points before new investors started believing this old swindler!
[Love is not a distance]: Li Daxiao, give me back my wife! I was planning to make money for my dowry in the stock market, but you damn bull market and the subsequent pullback made me lose more than 6000!
[Jia Ding Tavern]: Let it fall, let it fall until the sky falls and the earth cracks, until there are complaints everywhere, then I can go in and buy the dip, hahaha!

As time went on, the decline in A-shares widened, and by 9:24 a.m., the decline had exceeded 1%, with banks remaining the worst-performing sector.

At this moment, Chen Sanrong was completely focused, searching for flaws in the call auction.

But it's a pity...

Both trading volume and bidding are very healthy.

9:24:15.

9:24:30.

9:24:45.

As the time drew near, Chen Sanrong's palms were sweating, fearing that "Fuchun Road" would come at him.

Not only Chen Sanrong, but Wen Hongbin was also paying attention to stock price changes.

Besides the major shareholders of Tuori New Energy, the major shareholders of Goldwind Technology and Longking Environmental Protection were also focused on waiting for the end of the opening auction.

When the time came to 9:25, all three stocks opened at their daily limit up price, and all the major shareholders breathed a sigh of relief.

"call--"

"Damn it, Fuchun Road has turned over a new leaf."

"If I had known that the smallest speculative investor was on the same side as me, I would have run away yesterday. But it seems they're not dumping shares anymore, so I'll wait and see."

"That's more like it. Instead of crashing the market, it would be great to harvest retail investors together."

"I misunderstood Fuchun Road; he still has some class."

Just as the speculative funds for the three stocks breathed a sigh of relief, at 9:30 a.m., the opening bell immediately saw record-breaking transaction prices.

[Stock Anomaly Alert]: Tuori New Energy has seen a super sell order, amounting to 479 million.

[Stock Anomaly Alert]: Goldwind Technology saw a super sell order, amounting to 488 million.

[Stock Anomaly Alert]: Longjing Environmental Protection has seen a super sell order, amounting to 600 million.

The simultaneous sell-off of three stocks prompted Chen Sanrong, Wen Hongbin, and other speculative investors to unleash a torrent of curses.

"Fuck your mother Fuchun Road! Instead of crashing the market on 924, you changed it to a five-minute consolidation period with precise order placement, huh? I curse your ancestors for eighteen generations!"

"Damn it, Fuchun Road is a real beast. It's the worst luck to ride with him. I'll fuck your mother!"

"Fine, fine, so this is how you play it, Fuchun Road? Slowly unloading your shares is no problem, but if you try to crash the market and disrupt the trend, I'll curse you to hell!"

"You beast! You beast on Fuchun Road! How can there be such a wicked person!"

"You 'Punny Auntie' songstress from Fuchun Road, come to Chaoshan, I'll pickle you alive!!!"

Speculative funds are trying to cover losses in all three stocks by placing continuous orders in an attempt to stabilize market sentiment.

Why didn't they smash it too?

The reason lies in emotions; once the sentiment for a particular stock collapses, investors may not be able to clear out all their holdings.

For long-term speculators, especially Wen Hongbin of "Jianguo Road," who originally planned to reap the benefits while short-term speculators drove up the price before cashing out, they are now forced to step in to stabilize their emotions.

……

Zhangjiang, the capital of Shanghai.

Building A, Changtai Plaza.

Finance Research Network Finance Conference Room.

Zhang Yang, Liao Guopei, and Lin Guangchang were all frantically placing sell orders, clearing out all the stock shares they had bought yesterday.

Including the costs of yesterday's and today's price increases, they should have at least a 10% profit. Although it's not much, the amount is substantial.

"Longjing Environmental Protection has finished its product launch!"

"Goldwind Technology has it all!"

"Tuori New Energy has been liquidated."

After clearing out the stocks, Zhang Yang glanced at Liao Guopei and Lin Guangchang and said, "Calculate the profits."

"I've sent you the details." Liao Guopei sent the screenshot to Zhang Yang, and then said, "We really need to change our aliases to do this, otherwise we'll easily be targeted by speculative investors."

"There's so much speculative capital in the Yangtze River Delta region, there's no need to worry. As long as you don't use the Chancheng branch, they won't be able to target us."

Lin Guangchang smiled.

Generally speaking, speculative funds will not deliberately exploit other speculative funds, since there are 95% retail investors in the A-share market, and there are too many to exploit.

However, Zhang Yang now judges that A-shares may plummet, and there is no time for them to make arrangements. They can only adopt a violent trading strategy of quick in and quick out, cutting losses on both speculative funds and retail investors.

The results are very obvious now; I easily made a profit.

After reviewing the screenshot, Zhang Yang began to calculate: "Tuori New Energy invested 1200 million yuan in two days. On the first day, 1040 million yuan was invested, and 35 shares were established. The cost price was 29.7 yuan, and the average liquidation price was 33.68 yuan, resulting in a profit of 139.37 million yuan, and there are still 5.38 shares left."

"Goldwind Technology invested 1167 million yuan in two days, and 1079 million yuan in the first day..."

"Longjing Environmental Protection..."

After careful calculation, Zhang Yang looked at Liao Guopei and Lin Guangchang and said, "If we only consider the shares that have already been sold, the net profit for the three stocks is 387 million. If we sell the remaining shares tomorrow, it should reach 450 million."

"My goodness, it seems like making money by exploiting speculative capital is much faster than making money by exploiting retail investors?" Lin Guangchang said with some surprise.

It's important to understand that they didn't accumulate any shares at all; they simply used misleading signals and tricked other speculative investors into driving up the price to achieve millions in just two days.

"This trading strategy is pretty unethical." Liao Guopei paused for a moment, then suddenly laughed, "But it's fucking profitable!"

In the past, when they harvested retail investors, it would take them several days, or even dozens of days, to accumulate shares before dumping them.

What now?
On the first day, they pretend to push up the price, but in reality, they are accumulating shares. They use market signals to trick other speculative funds that want to push up the price into joining forces to drive up the price. On the second day, they directly dump the shares, easily making a profit of more than 10%.

Looking at the two who seemed to have opened the door to a new world, Zhang Yang smiled and said, "Since we've started this, let's see it through to the end. Anyway, I, Fuchun Road, will bear the brunt of the infamy."

(End of this chapter)