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

Chapter 162 Infamous in the investment world, Meijin Kaino's backdoor listing halted.

After selling shares of Tuori New Energy, Goldwind Technology, and Longking Environmental Protection, Zhang Yang, Liao Guopei, and Lin Guangchang bought shares of Suning Appliance, Kaidi Electric Power, and Kailuan Shares. In the afternoon, they lured in speculative funds within the stock market to work together to push the related stocks to their daily limit.

With the market closing at 3 p.m., the two major indices showed drastically different candlestick patterns today.

The Shanghai Composite Index closed with a "dragonfly doji" candlestick pattern. It opened lower at 3011.21 points, then staged a strong recovery, breaking through the opening level of 3057.46 points to reach a high of 3097.96 points, before finally falling back to 3080.77, a drop of 0.28%. The trading volume was 1707 billion, a decrease of 173 billion.

The Shenzhen Component Index closed at 12488.58 points, up 1.02%, with a candlestick pattern resembling a shooting star. This candlestick pattern features a solid body followed by a long lower shadow, indicating a recovery. The trading volume was 818 billion yuan, a decrease of 95 billion yuan.

As of July 8, both major indices saw a three-day consecutive decline in trading volume.

The Shanghai Composite Index fell for two consecutive days, as the banking sector experienced a deep correction.

For example, China Construction Bank fell 3.04% on July 7, closing at 6.38 yuan. Today, it opened lower in the opening auction and then dropped as low as 6.05 yuan, a drop of 5.17%. It only recovered to 6.2 yuan near 2 pm, but the drop was still 2.82%.

Stock market investors who frequently trade stocks know that banks are the stabilizing force of the A-share market; if they experience a sharp decline, it could be catastrophic.

Because of the pullback in the banking sector, the liquor and oil sectors also fell into a correction phase. Fortunately, the coal and securities sectors provided some support, with Huaguo Shenhua and Huaxin Securities both experiencing large volume surges, barely managing to prop up the index.

As for the rise in the Shenzhen Component Index, it was due to Zhang Jianping's boosting of the biopharmaceutical sector and his renewed promotion of the H1N1 influenza concept.

Only top-tier speculative funds have the audacity to create a third major upward trend, because their massive capital can drive a sector to rise collectively.

Li Daxiao, who shouted "bull market rebound" yesterday, is now being criticized by tens of thousands of stock investors due to the decline of the Shanghai Composite Index, with his latest blog post receiving tens of thousands of comments.

[倚剑行天]: Where's the cow? I've got a handful of cow dung on my hands, Li Daxiao, you son of a bitch, give me my money back!
[Rotten Egg Rice]: Refund Li Daxiao!

[Sticky Rice Dumpling]: China Construction Bank has dropped by almost 6 points in two days, Industrial and Commercial Bank of China has dropped by 5 points, and Huaguo Bank has dropped by 4.5 points. Is this a bear in cow's clothing?
[Waiting for winter to come]: I know a few African chiefs. Li Daxiao, you better make up for the money, or I'll definitely arrange for some black people to come to you!

The biggest victims of the decline in index-weighted stocks are the investors who believed Li Daxiao's words and rushed to buy bank stocks in the past two days.

At this moment, Li Daxiao was not pessimistic because of the index decline, but was pondering what the bull market of the day should be called.

After thinking for more than ten minutes, he had a flash of inspiration and quickly turned on the device to record:
"The A-share market closed on July 8th. The Shanghai Composite Index fell slightly by 0.28%, while the Shenzhen Component Index rose slightly by 1.02%, showing a polarized market. I believe the pullback in heavyweight index stocks is just a case of 'buying on dips,' like a bull in the summer heat getting so hot it's about to suffer heatstroke, so it goes to a pool to cool down. Don't worry, the A-share bull market is still going strong. Once the 'heatstroked bull' comes ashore, the A-share market will see an epic surge. Let's look forward to the 'bull that comes ashore,' and keep it up, comrades!"

The moment Li Daxiao passionately and enthusiastically uttered the phrase "the cow that has gone ashore," a large number of fans rushed over upon hearing the news.

[After the rain in the empty mountains]: It turns out the weather was too hot and caused our cow to suffer from heatstroke. We look forward to getting the cow ashore.

[Black and White Nun]: Buy more! Buy more! Go all in and buy more! Trust Teacher Da Xiao, he is my guiding light in stock trading!

[After hardship comes happiness]: In July, people would get heatstroke if they didn't have fans and air conditioning, let alone cows. I believe in Teacher Da Xiao's cows that will be able to get ashore!

Just as Li Daxiao's fans were chanting "Going ashore is a bull market," a familiar name appeared on the stock exchange's trading data for companies like Suning Appliance, Kaidi Electric Power, and Kailuan Shares—Jiangzhe Huaxin Securities Fuchun Road Branch.

The emergence of Fuchun Road did not cause a collective panic among retail investors, because the three stocks that Fuchun Road recently invested in—Tuori New Energy, Goldwind Technology, and Longjing Environmental Protection—hit the daily limit again today, achieving a two-day winning streak.

In the eyes of today's retail investors, Fuchun Road has reformed and no longer likes to dump shares.

But in the eyes of speculative investors, Fuchun Road is still the same Fuchun Road, still as monstrous as ever.

The reason why companies like Tuori New Energy, Goldwind Technology, and Longking Environmental Protection hit their daily limit is that speculative funds within these stocks cannot allow market sentiment to collapse, as this would make it difficult for them to clear out the large amount of shares they have accumulated through low-price buying.

What can they do?
It can only absorb selling pressure, maintain market sentiment, and slowly unload its shares.

To put it bluntly, those who had their fun on Fuchun Road left without a second thought, leaving other speculative investors, in order to enjoy themselves as well, to be forced to clean up the mess.

……

Beijing, China.

Huaxin Securities Hujialou Branch.

The moment Xu Kaidong saw the words "Fuchun Road" in the VIP room, he sensed something was wrong and broke down, saying, "Damn you, Fuchun Road! So it was you who gave the signal."

Xu Kaidong's real name is Hujialou. He was born in Beijing in 1975. Unlike other speculative investors who try to change their fate through the stock market, he accumulated millions of yuan through real businesses in his early years and officially started investing full-time in 2004.

Although he was not one of the earliest speculative investors to enter the stock market, nor was he a new generation of speculative investors, he was one of the most outstanding speculative investors in Beijing.

In the morning session today, Suning Appliance only rose by 3.4%, and it even fell back near the close.

However, as the midday trading session progressed, a series of small and medium-sized orders signaled an upward move.

As a short-term speculative investor in Suning Appliance, Xu Kaidong initially thought it was another short-term speculator trying to take advantage of the positive news to launch a surprise attack and lock in the price at the limit up in the afternoon, thus initiating a rally based on the "merger and acquisition" concept.

The answer is now revealed…

Jiangsu-Zhejiang Huaxin Securities Fuchun Road Branch!

Something bad is going to happen tomorrow.

Xu Kaidong was somewhat uneasy. He opened his QQ account and clicked on a chat group called "Yanjing Investment Exchange Group," where speculative investors in Yanjing were discussing the matter.

[Ping An Street Lao Si]: Suning Appliance is on the Dragon and Tiger List, and Fuchun Road is also on the list. I think this ticket belongs to Hujialou?

[Zhongguancun Boss]: Fuchun Road has a terrible reputation now, and Suning Appliance will most likely be vandalized tomorrow.

[Yanjing Beichen]: I heard that this guy changed his trading strategy. He pretends to be a speculative investor giving signals to the market, tricking others into working together to push up the price, and then dumps the stock the next day.

[Little Tunnel]: I hope Hujialou doesn't lose his composure. I just glanced at Suning Appliance's intraday chart, and it only saw two instances of enticing buying before volume surged. It's possible that he and Fuchun Road joined forces.

[Fifth Master of Xuandemen]: Hey! If it were me, guess what? I would place a limit-down order overnight and crush that idiot on Fuchun Road.

Xu Kaidong took in the entire conversation in the group and pondered whether "Fifth Master of Xuandemen"'s suggestion was feasible and whether there were any drawbacks.

However, half a minute passed...

"Ugh!"

Xu Kaidong sighed; there was no way he would ever ruin his own business.

First, he is optimistic about the future development of Suning Appliance. He has already conducted background research on the company and it is developing towards an e-commerce platform.

Secondly, what if he dumps shares regardless of cost, and Fuchun Road directly becomes the main player?
Although Fuchun Road is a new generation of speculative capital and its size is probably not particularly large, its investment in two stocks, Rhine Biologics and Kainuo Technology, especially Kainuo Technology, has proven to all speculative capital that its size is at least second-tier.

The threshold for second-tier speculative capital is 5000 million RMB. First-tier speculative capital has a capital volume of over 5 million RMB and has the ability to manipulate the market for a long period of time by a single person.

As for those above that, they are the size of Xu Xiang, Zhang Jianping, and Qiu Baoyu.

Of course.

This only applies to the stock market.

The speculative capital in the futures and foreign exchange markets is also comparable in size to that of Xu Xiang and Zhang Jianping, but they focus on different areas.

If Xu Xiang were to enter the futures market, he would likely become an instant victim of exploitation.

Similarly, if speculative funds from the futures market were to enter the stock market, they could also be exploited and fleeced.

Stocks, futures, and foreign exchange all belong to the capital market, but their trading strategies, methods, and intricacies are all different.

"No, we can't crash the market, lest Fuchun Road steals the profits."

Xu Kaidong muttered to himself.

He wasn't sure what Fuchun Road was really thinking. What if they were aiming for the top spot? Wouldn't it be exactly what he wanted if he threw out his chips?

Given all these concerns, Xu Kaidong chose to swallow this bitter pill first and then let time pass on the blame to retail investors.

Not only Xu Kaidong, but also speculative investors in stocks such as Kaidi Electric Power and Kailuan Group have decided to pay the price for their mistaken price surges.

While smashing up Fuchun Road might feel satisfying, it would also leave you penniless.

In the end, retail investors will bear the cost anyway, so they have no incentive to buy.

But in reality, they still harbored the illusion that Fuchun Road would not crash tomorrow and would steadily rise for four or five consecutive days before exiting.

however…

They were all greatly disappointed.

Zhang Yang, Liao Guopei, and Lin Guangchang don't have mind-reading abilities, so they don't know the true thoughts of other speculative investors.

……

Thursday, April 7th.

As expected, stocks such as Suning Appliance, Kaidi Electric Power, and Kailuan Energy encountered a million-dollar sell order the moment the market opened at 9:30 a.m., prompting speculative investors like Xu Kaidong and Jintian Road, who had initially hoped for a turnaround, to quickly step in to buy.

They were buying while simultaneously cursing.

"Damn it, can't you just ship things more gently on Fuchun Road?"

"Damn it, you beast! I'll never trust intraday price spikes again. Fuchun Road, you'll never find a girlfriend in your life!"

“You don’t cut your losses on retail investors, you resort to all sorts of tricks and deceptions. I will definitely punish this evil stock manipulator on Fuchun Road.”

"Compared to Fuchun Road, the little trinkets I did before are nothing, damn it!"

"You bastard from Fuchun Road, don't let me find out who you are!"

The increased trading volume of stocks such as Suning Appliance, Kaidi Electric Power, and Kailuan Energy brought smiles to the faces of the speculative investors who were the "victims" of the previous trading day, namely the speculative investors in the stocks of Tuori New Energy, Goldwind Technology, and Longjing Environmental Protection.

Fuchun Road wasn't targeting them specifically; it was indiscriminate trolling and market manipulation!
Chen Sanrong, nicknamed "Jumping Off a Building," couldn't help but curse when he saw the massive amount of orders released by Suning.com: "Fuchun Road is a real beast, playing this trick again. Whoever gets caught in this trap is doomed."

The surge in Tuori New Energy's stock price didn't cause him to lose money; on the contrary, he made a small profit of over a million yuan.

Because of their takeover, Tuori New Energy continued to rise today, opening 3.7% higher. Chen Sanrong and other speculative investors were systematically unloading their shares, dumping them on retail investors.

Not only Tuori New Energy, but also Goldwind Technology and Longking Environmental Protection are being targeted by speculative funds, which are slowly pushing up prices to sell off their holdings.

However, while Chen Sanrong and Wen Hongbin appeared to have made a profit, they had actually overdrawn the potential of the future main upward trend. In a sense, they lost money in the future.

Another day passed, on July 10th. The same market crash, the same bait-and-switch tactic, made a certain speculative trading group extremely lively.

[Brother Zhao]: I told you Fuchun Road is a beast, but you didn't believe me. If you're in the same car as this bastard, run away as fast as you can!
[Hujialou]: This guy not only lacks vision, but he also likes to cause trouble. Does anyone know his contact information? I need to have a good talk with him.

[Jumping Bro]: If you don't understand, just ask. Doesn't any speculative investor know about Fuchun Road? This guy seems to have appeared out of nowhere. Could he be some speculative investor's new pseudonym?

[Nanyang Battle Song]: It's quite possible. His trading methods are very sophisticated, unlike those of a new speculative investor. He seems more like an old speculative investor in disguise.

[Shenzhen Yitian Road]: I remember there was a seat that hasn't appeared for a long time, and the amount of funds seems to be about the same.

Just then, someone tagged Liao Guopei's QQ account, prompting Liao Guopei, who had been secretly watching the screen, to quickly step in and express his opinion.

[Zen City Shadowless Kick]: As everyone knows, Zen City is the capital of martial arts, and I am a native of Zen City with a strong sense of justice. I would never do such a petty thing on Fuchun Road!

[Ma Xinqi]: ​​Then tell me, why have you disappeared for so long?

The Ningbo Daredevil Team of speculative investors has been watching Liao Guopei's trading account for almost two months, but they haven't been able to find any stocks he's trading.

[Zen City Shadowless Kick]: You've all issued kill orders against me. If I can't afford to offend you, I can at least avoid you. Rather than losing money in the stock market, I'd rather spend it on women's bellies.

[Chaoyang Road]: That makes sense. Based on my understanding of Brother Jiao, he would never do something short-sighted.

[Stock Trading to Support the Family]: That's right. Fuchun Road is located in the Jiangsu and Zhejiang area. I think it's a front for some speculative capital in the Yangtze River Delta.

When Lin Guangchang sent this message, Liao Guopei was not only temporarily cleared of suspicion, but it also aroused suspicion among various speculative investors in the Yangtze River Delta, especially the largest group, the Ningbo Daredevil Team and Tianxia Gongmeng, which were led by Xu Xiang and Zhang Jianping, and began to be suspected by speculative investors in other regions.

……

This harvesting of speculative funds and retail investors is far from over, and positive news continued to pour in over the weekend.

1. The Ministry of Agriculture has issued a call to action, emphasizing the importance of science and technology in agriculture, drought resistance, and ensuring a good harvest, in order to win the "six-year battle to increase grain production."

2. The merger of China Eastern Airlines and Shanghai Airlines is imminent, and the two major airlines in Shanghai will launch a strategic integration, giving rise to the concept of "central enterprise reform".

3. Goldman Sachs predicts that the US trade deficit may widen to $274 billion in May and interprets its impact on global trade imbalances.

4. Following the conclusion of the National Science and Technology Innovation Conference, the nation reiterated the eight-character slogan of "Science and Technology Revitalize the Nation and the Country."

5. In the first half of the year, the national investment in water conservancy construction exceeded 5000 billion yuan, with 3.44 projects implemented, and capital participation increased by 35.9% year-on-year.

Positive news continued to spread over the weekend, and countless retail investors were eager to make their moves tomorrow.

[Free Soaring]: Awesome! So many positive news over the weekend, at least 100 A-shares will hit their daily limit tomorrow, hahaha!

[Lament Song]: I knew agriculture would be booming. We're an agricultural nation, so let Beidahuang hit the daily limit tomorrow!

[Little Fan]: If you ask me, tech stocks will all hit their daily limit tomorrow. The government has said that a strong nation depends on science and technology!

[The Night and the Day]: Technology is the long-term main theme, while the reform of central state-owned enterprises is the short-term main theme. If you want to make big money in A-shares, you definitely have to play the short-term game.

Zhang Yang, who works at a talent apartment, simply skimmed through the positive news over the weekend and then selected stocks that could be traded the next day from his prepared documents.

The agricultural sector emphasizes using science and technology to revitalize agriculture, combating drought to ensure harvests, and winning the "six-year battle to increase grain production." There are not many listed stocks that benefit from this, among which Beidahuang and Longping High-Tech are considered the leaders.

In particular, Longping High-Tech is a listed stock with a dual background in agriculture and technology.

Other positive news, such as the reform of state-owned enterprises and the merger of airlines, involves a massive amount of capital that Zhang Yang, Liao Guopei, and Lin Guangchang do not yet possess. It's also worth mentioning that the price of "Lunch with Buffett" has continued to rise over time, currently exceeding $237 million and approaching the $240 million mark.

Despite the rapid increase, Zhang Yang remained calm, because on Friday, July 10th, the documents submitted to the Ministry of Commerce and the State Administration of Foreign Exchange had been approved, and the relevant documents and application materials for the quota had been submitted to Huaguo Bank.

Bank President Lan Chengyun also promised that there would be a result by next Tuesday.

As long as the applied foreign exchange quota is approved before July 15th, everything will be fine; otherwise, the only option is to bid through underground money changers.

……

Monday, April 7th.

With the resumption of trading on the A-share market, the agricultural, water conservancy, and aviation sectors all saw an upward trend.

Driven by positive news, the three individuals—Zhang Yang, Liao Guopei, and Lin Guangchang—easily attracted speculative capital, collectively pushing Longping High-Tech and Beidahuang to their daily limit.

No one expected that the one blocking their own account would be the notorious landlord, Fuchun Road.

While the agricultural sector surged, the correction in the two major A-share indices continued, with the banking sector still leading the decline.

Industrial and Commercial Bank of China (ICBC) fell 1.53% to close at 5.16 yuan, Huaguo Bank fell 2% to close at 4.42 yuan, and China Construction Bank (CCB) fell 2.11% to close at 6.03 yuan.

If bank stocks don't rise, the overall market index might continue to rise, but if they suddenly become volatile, it will likely drag the market down.

As A-shares plummeted once again, investors' morale completely collapsed.

[Xiaochunhua]: Oh no! The Shanghai Composite Index finally surged by 1% last Thursday, but now it has fallen back down. And my bank was even slightly in the green that day. This is worse than being a prostitute.

[Fate is determined by heaven]: No, where's the cow? Didn't Li Daxiao say the cow was going to come ashore? Why isn't the cow coming ashore yet? I'm so damn stupid.

[Transforming Coffee Machine]: Awesome, awesome! If it keeps falling like this, it won't be long before it breaks 3000 points. Good luck to everyone.

[Cherry Maruko]: I've already bought more shares twice. If the bank stocks drop again, I'll buy more. I don't believe they can't go up!
The sudden correction has led to a divergence in investor sentiment, with some buying more shares, some cutting their losses, and others adjusting their portfolios.

No matter how the market changes, trading volume doesn't lie.

距离7月6日，上证指数2000亿巅峰成交量仅过去了五个交易日，7月13日的成交量已经来到1700亿，持续缩量下跌。

The continuous pullback in index-weighted stocks also led Li Daxiao to temporarily disappear from the public eye.

The netizens' fighting power is too strong. As soon as I opened my Weibo private messages, they were full of messages to greet him. Some people even went to the Shanghai Stock Exchange and shouted, "Li Daxiao, pay me back!"

If he didn't avoid the limelight, Li Daxiao felt he could get in.

While the A-share index fell, Zhang Yang, Liao Guopei, and Lin Guangchang, who were involved in speculative trading of "demon stocks," were not affected in the slightest.

Their violent harvesting has earned them over 1400 million yuan.

As the stock exchange's daily trading data was released, Liao Guopei turned his computer screen toward Zhang Yang and joked, "Joker, you can see for yourself. This is the first time I've ever seen the speculative investment circle so united."

“Fuchun Road used to have a bad reputation, now it’s absolutely terrible. I suggest you switch seats, if it’s for daily trading.”

Lin Guangchang echoed.

It's no exaggeration to say that most speculative investors are now wary of the "Fuchun Road" trap for a price surge.

Despite the caution, speculative investors simply cannot distinguish whether a stock driven by positive news is Fuchun Road.

unless…

No trading within the group!
Is it possible for the collective to refrain from trading?

Obviously not, because many speculative funds have already invested in building their positions, so they can only be extremely cautious.

"Really? Let me see."

Zhang Yang shifted his gaze to Liao Guopei's laptop screen.

[Huijiang North Road]: Fuchun Road, I'm so damn unlucky, how did I end up on the same bus as this thing? I'm definitely going to get smashed tomorrow.

[Brother Zhao]: I think I've discovered a pattern in the trading on Fuchun Road. Whenever there's good news, he'll look for corresponding stocks the next day to lure everyone into pushing up the price.

[Hujialou]: Is there no one who can punish him? I can't stand it anymore, he's simply a scumbag in the world of speculative investors!
[Jumping Bro]: He had his fun and left, leaving us to clean up the mess. I suggest everyone not to go in next time you see a ticket for Fuchun Road. Let's see how he does it all by himself.

[Chaoyang Road]: He's quite a big player. It would be too easy for him to just fleece retail investors. My suggestion is to disrupt the trend and then dump his shares!
[Small Investor in the Clouds]: Support!
[Nanyang Battle Song]: Fully support!
As the group messages kept popping up, Zhang Yang simply smiled calmly and said, "If I offend everyone, I really need to change my alias."

Fuchun Road is a margin trading account; whether he uses it or not is irrelevant.

They were just trying to ignite a price surge, using leveraged accounts to maximize their principal, but their available funds weren't that much.

"It definitely needs to be changed. Fuchun Road has become a nightmare for speculative investors. However, retail investors' opinions of you have improved somewhat."

Liao Guopei continued.

Their price surge targeted other speculative funds, while those funds, in order to stabilize market sentiment, generally maintained an upward trend that day, hitting the daily limit.

Even if other speculative funds sell off their holdings the next day, it won't affect the reputation of Fuchun Road.

Over time, retail investors came to believe that Fuchun Road had reformed, and there were even rumors that Fuchun Road had been summoned for talks, so it had become much more restrained.

“Retail investors are all praising your strategic thinking,” Lin Guangchang joked with a smile.

Zhang Yang smiled and said, "Since the reputation of retail investors is improving, let's prepare to fleece them. We can't ruin our public image."

Liao Guopei: "..."

Lin Guangchang: "..."

The two fell completely silent.

Is that a sickle?
Is that a lawnmower?

After fleecing retail investors, they fleece speculative investors; after fleecing speculative investors, they fleece retail investors again. Are they truly carrying on their infamous reputation to the very end?
After a few seconds of silence, Liao Guopei swallowed and asked, "How do you plan to cut it?"

Which ticket?

Lin Guangchang inquired.

In the "Shanghai Capital Liu Guan Zhang" trio, Zhang Yang is responsible for stock selection and decision-making, while Liao Guopei and Lin Guangchang are the executors. The three work together more and more seamlessly.

Have you heard of Yijing Optoelectronics?

Zhang Yang inquired.

Yijing Optoelectronics is not yet listed, but it announced in April 2009 that it was preparing to backdoor list through Haitong Group.

"Yijing Optoelectronics? Never heard of it. I've been looking at stocks related to the H1N1 flu outbreak lately and haven't paid much attention to other sectors."

"Me too."

Liao Guopei and Lin Guangchang responded.

With the increasing number of H1N1 influenza infections, the Ministry of Health has issued repeated warnings in recent days, reminding people to take precautions against the flu. Related stocks are showing signs of recovery.

Of course.

A recovery trend requires capital participation.

It is rumored that Zhang Jianping has invested nearly 17 billion yuan, betting on the H1N1 flu sector, while Xu Xiang's Zexi Private Equity also released news that the H1N1 flu concept will surge again.

With the endorsement of two top figures, Xu Xiang and Zhang Jianping, some private and public funds, especially public funds, are urgently adjusting their portfolios and switching stocks.

As for whether there was any transfer of benefits involved, nobody knows.

"Yijing Optoelectronics is a company engaged in the business of solar cells and modules. To put it simply, it is a company with the concept of low-carbon economy and green energy."

"Compared to Tuori New Energy, its advantage of vertical integration of the entire industry chain is very obvious. It is one of the few photovoltaic energy companies in China that has achieved full-process integration of crystal pulling, silicon wafer cutting, cell production and module packaging."

"I've checked it carefully."

Zhang Yang opened his document and turned the computer screen toward the two of them, saying, "Their cost-cutting capabilities are outstanding. They reduce their reliance on external procurement by internally managing the profits from silicon wafers, batteries, and other processes."

“迭加运输、包装等环节的协同优化，2008年、2009年的毛利率分别达27.7%、19.43%，显著高于同期锡城尚德的17.83%、18%，以及常城天合、天威英利等企业。”

"In addition, they also have their own independently developed DRXF-85 single crystal furnace, which saves 20%-30% of electricity compared with traditional equipment, while increasing output by 20%, as well as high-efficiency battery technology. The photoelectric conversion efficiency of their cells reaches 17.5%, which is the leading level in China, and has passed international certifications such as German VDE, European TUV, and American UL."

At this point, Zhang Yang straightened the screen and concluded, "Yijing Optoelectronics has great potential and should be a major beneficiary of the low-carbon economy."

He is a reborn individual who knows that clean energy sources such as solar, wind, and nuclear power are the general trend and key areas for enterprise development in the next decade.

Although he doesn't know which stock will rise, he can analyze that Yijing Optoelectronics' technology is far ahead of other photovoltaic companies.

Having a technological advantage is like having a bottle of water, while other photovoltaic companies are like having a bowl. Undoubtedly, having a bottle of water means you can hold more.

"So, we're betting on the green and clean energy sector?"

Liao Guopei inquired.

“That’s right.” Zhang Yang nodded in response, then changed the subject: “It also has another concept, which is the concept of asset restructuring.”

"In April of this year, Haitong Group and Yijing Optoelectronics jointly issued an announcement that the latter would go public through a backdoor listing via Haitong Group."

"Another backdoor listing?"

"Betting on a premium?"

The two understood immediately.

Yijing Optoelectronics went public through a reverse merger, which happened to align with major development trends, thus providing fertile ground for stock price speculation.

"It's about betting on premium pricing and development."

Zhang Yang gave an affirmative answer.

Upon hearing this, Lin Guangchang asked again, "Joker, if the country vigorously develops green and clean energy, does that mean coal will be phased out?"

"will not."

Zhang Yang shook his head and gave an affirmative answer: "Everything has a development process. In the next twenty years, thermal power will still be the mainstream, and green and clean energy can only be used as an auxiliary power generation for now."

Coal is destined to be phased out, but it will not be phased out for the next twenty years unless controlled nuclear fusion is developed ahead of schedule.

……

Just as Zhang Yang, Liao Guopei, and Lin Guangchang were discussing how to exploit retail investors, an "Administrative Penalty Decision" from the China Securities Regulatory Commission went viral in the capital market.

[party:
1. Yao Sijun, male, born on January 9, 1958, residing in Jiangyin, Jiangsu Province, ID number 330000XXX.

2. Zhang Jianhua, male, born on June 15, 1960, residing in Jincheng, Shanxi Province, ID number: 104110XXX.

3. Yao Jinfei, male, born on February 44, 1983, residing in Jiangyin, Jiangsu Province, ID number 330000XXX.

An investigation revealed that Yao Sijun, Zhang Jianhua, and Yao Jinfei engaged in the following insider trading violations:

Yao Sijun, director and vice president of Meijin Group, leaked information about Meijin Group's restructuring of Kainuo Technology to his eldest son Yao Jinfei and Zhang Jianhua, the former deputy director of Meijin Group's sales department.

张建华与姚锦飞在获知该信息后，于2009年6月22日至6月25日，集中买入233万股凯诺科技股票，成交金额1253余万元。

On June 26, after the "Reorganization and Replacement Announcement" was issued, Zhang Jianhua and Yao Jinfei sold their shares one after another, illegally profiting 386.51 million yuan.

Yao Sijun, as an insider, leaked inside information. Yao Jinfei and Zhang Jianhua, during the sensitive period of the inside information, used this information to engage in securities trading. Their actions violated Article 50 of the Securities Law, which prohibits insiders of securities trading information and those who illegally obtain inside information from using inside information to engage in securities trading activities. This constitutes the illegal act of "insider trading" as described in Article 191 of the Securities Law.

This association has decided:

1. Yao Jinfei was fined 100 million yuan.

2. Zhang Jianhua was fined 100 million yuan.

3. Yao Sijun was fined 200 million yuan for leaking insider information.

4. The approval process for the asset restructuring between Meijin Group and Kainuo Technology is terminated.
When the shareholders of Kainuo Technology saw the final penalty notice from the China Securities Regulatory Commission, they were stunned, and the image of that old friend came to mind again.

[Ma Daochenggong]: Fines are fines, but terminating the asset restructuring approval process is just a way to halt backdoor listings, isn't it?
[Cloud Soup]: Oh no, not only is Kainuo Technology suspended from trading, but its backdoor listing has also been terminated. If it resumes trading, won't it plummet to rock bottom?

[Little Wuwu]: Fuchun Road! I curse Fuchun Road! Last time, when Rhine Biologics ran away, it was suspended from trading for investigation. This time, when Kainuo Technology ran away, it was accused of insider trading. I suspect that Fuchun Road set it up!
[Super Idiot]: Damn Fuchun Road, you have no conscience! We really got set up by Fuchun Road this time, that damned guy!!!
Zhang Yang, who was also paying attention to this matter, was stunned when he saw the comments section. Yao Sijun, Zhang Jianhua and Yao Jinfei were involved in insider trading. Could he really be blamed for this?

Is this justified?

Is there any royal law for this?

Is this still humane?

However, Zhang Yang wanted to criticize Yao Sijun even more. He didn't even know to find a distant relative to conduct insider trading, but instead told his eldest son, Yao Jinfei. He really didn't know what Yao Sijun was thinking.

However, there is also the possibility that Yao Jinfei was foolish enough to conduct the transaction without his father's knowledge, which led to the China Securities Regulatory Commission cracking down on him!

(End of this chapter)