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

Chapter 178 The national team intervenes to save the market; Zhang Yang has become a billionaire.

Upon witnessing the avalanche-like correction in the A-share market, Lin Shangfu, then the head of the China Securities Regulatory Commission, couldn't help but complain: "Those people at Huijin really don't know how to handle things properly, they don't even know how to give us a buffer."

They do indeed want to burst the current stock market bubble and squeeze out credit funds and off-exchange leveraged funds in the A-share market.

But Lin Shangfu thought it was a gentle piercing, like boiling a frog in lukewarm water, where the frog doesn't even realize it's cooked.

How do you say that?

Cutting flesh with a dull knife doesn't hurt!

Most A-share retail investors can accept a 10% drop over 10 trading days, but find it difficult to accept a 10% drop over a single trading day.

Why is this happening?

The reason is that time can dull the senses.

Anyone who has experienced a hysterical, unforgettable relationship knows that in the first month after a breakup, you might feel like the sky has fallen and want to end it all. But as time goes by, after six months you will no longer attempt suicide, and after two or three years, or even ten years, her influence on you will be negligible.

As the saying goes, time is like boiling water, which can dilute everything in the world.

Stock market investors are the most direct example. They don't feel the pain of a 1% or 0.5% drop every day, but one day they suddenly realize, open their securities account holdings page, and see, "Holy crap! A 30% drop!"

This is the interplay between time and the stock market, and it's also why a sharp drop is considered a market correction, while a gradual decline is the true sign of a downturn.

"No, such a violent shakeout is not suitable for the A-share market, and there is no buffer. This is playing a joke on millions of shareholders."

After hesitating for a moment, Lin Shangfu immediately picked up the landline on the table and dialed Feng Junnan's landline at Huijin Company.

"Hey Lao Lin, what a rare guest! Haha."

The other person's voice was cheerful, with a faint northern accent.

Lin Shangfu didn't mince words with him, but went straight to the point: "Isn't this a bit too much, Lao Feng? You didn't give the shareholders any time to react. You're just adding to our workload."

"So that's what it was about. I was wondering why you suddenly called me."

Feng Junnan took a sip of tea on the other end of the phone and said unhurriedly, "There is a buffer. We have discussed it with the China Securities Finance Corporation. We will regulate the sentiment this afternoon and tomorrow. Don't worry, there will be no systemic risk."

Upon hearing that Huijin and China Securities Finance Corporation had discussed it, Lin Shangfu's tone softened, and he said jokingly, "Only you guys could pull off a volume of nearly 500 billion yuan, a year-on-year increase of more than 30%."

He made the call mainly to get a general idea of ​​the situation. After all, the pullbacks of -3% and -5% were terrifying, especially since there were no black swan events to cover them up.

Many people believe that "a certain event" is the direct cause of the stock price decline.

But the truth is cruel: stock prices are determined by market manipulators, and the reason they sell off their shares is to squeeze out panic selling funds.

Just like when the H1N1 flu was rampant a while ago, the speculators of tourism and airline stocks took the opportunity to dump their shares, and a lot of pessimistic posts appeared online. Unsuspecting investors checked and found the posts to be reasonable, so they sold their shares.

"Haha." Feng Junnan laughed heartily and said, "The truth is a sharp knife, and a slow and steady decline is the cruelest for new stock investors."

"Take it easy."

Lin Shangfu spoke again.

Feng Junnan patted his chest and assured him, "Don't worry, don't worry, we know what we're doing."

However, less than half a minute after Feng Junnan hung up the phone, Zhou Chuan from the People's Bank of China also called. Like Lin Shangfu, he also questioned the extent of the decline.

"Brother Bin from China Securities Finance Corporation said that Huijin dumped the shares. Brother Feng, what are you thinking? We've worked so hard to build up our confidence, and there's still the ChiNext board in October."

You can let it fall, you have to meet your targets, but you can't just let it fall to the daily limit!
Once investor confidence is lost, it is not easy to rebuild it.

"It's all about squeezing out the bubble. The higher-ups specifically told me that they need to cooperate with you to squeeze out leveraged funds and credit funds."

Feng Junnan then made a statement.

"Let's make it gentler, like the banks' loan withdrawal period, they give a full 15 working days." Zhou Chuan, like Lin Shangfu, hopes that the index decline will be more moderate, so that investors can withdraw their shares while preserving their principal.

"Don't worry, we know what we're doing."

Feng Junnan responded calmly.

Huijin is the main base for the national stock market funds. They are market participants themselves and understand the psychology of retail investors best.

Gentle foam squeezing?
That's not about deflating the bubble; it's about trapping investors.

What stock investors fear most is a sharp drop, not a gradual decline, as a gradual decline is often painless.

……

During the one and a half hour of the midday market closure, retail investors were already crying and wailing, with snot flying everywhere.

[Mr. Rabbit]: I just opened an account and invested 10 yuan in Huaguo Bank. I lost 5000 yuan in half a day. Is there any way to make money quickly? I want to increase my investment.

[BoBo Teacher's Follower]: I never expected to encounter a stock market crash. Damn it, I was still fully invested.

[A Virgo Man]: Li Daxiao, that swindler, started pretending to be dead. I only bought blue-chip stocks because I believed his lies. Now my dowry money is all tied up.

[Loli-obsessed]: After today, I am no longer the esteemed owner of a Cadillac, and I can no longer even touch a bathhouse in this mortal world. Perhaps this is the price of stock speculation.

It's no wonder that investors are pessimistic. Almost all the news media are bearish, and the headlines are extremely exaggerated.

Breaking News! A-shares experience an epic plunge, with 500 stocks hitting their daily limit down; could the Shanghai Composite Index fall back to 1600 points?

Shocking! A-shares and Hong Kong stocks experienced a black swan-like plunge. The Shanghai Composite Index recorded its biggest drop in a year, currently at 3204.78 points, down 6.79%. The Shenzhen Component Index is currently at 12903 points, down 6.75%, also marking its biggest drop in a year!

The avalanche has begun! According to data from China Securities Depository and Clearing Corporation Limited (CSDC), as of June 26, 2009, the number of new stock investors in the first half of the year reached 714 million. New stock investors, how are you doing?

Multiple institutions are strongly bearish on the A-share market, which may fall back to 1600 points. How should investors position themselves in the next two days? Let's hear in-depth analysis from stock market experts!

The fate of self-media and the discussions led by major bloggers have propelled the hashtag "A-shares have collapsed" to the top of Weibo's trending topics list.

When the news was widely exposed on public platforms, it didn't frighten the general public; instead, they became eager to try their luck and buy at the bottom.

There are two ways for the number of A-share investors to increase. One is during a bull market, when people hear that there is money to be made, so they follow suit and open accounts. The other is during a bear market, when people see a downward trend line, believe that the value of stocks is undervalued, and think about opening an account to buy at the bottom.

Every bull and bear market attracts a large number of new investors to "gamble" during the most volatile periods.

On the contrary, when the market is stable and trading sideways, the number of new accounts grows very slowly.

After lunch, Zhang Yang leisurely opened the member channel of Caiyan.com and edited his own views on the stock market to post.

The main reason for the sharp drop in the morning session was...

1. The People's Bank of China (PBOC) mentioned "inflation expectations" for the first time in its "Analysis Report on the Macroeconomic Situation in the Second Quarter" released on the 28th, and mentioned "adjusting the credit structure" in the "PBOC Monetary Policy Meeting in the Second Quarter". It is reasonable to speculate that some credit funds have been illegally entering the market, creating a false impression of abundant liquidity.

2. After Huaguo Construction's new stock listing, the trading volume exceeded 10 billion yuan within 2 hours, with a large amount of funds being repositioned and exchanged for other stocks, exacerbating market instability.

3. The liquidation of leveraged funds may be the culprit behind the stampede of funds.

4. Profitable funds flee upon hearing the news, causing panic selling.

In my opinion, the A-share market will likely experience short-term volatility, with a downward trend possible, while the upward trend currently lacks support.
"despair--"

Zhang Yang clicked the mouse to send.

His point of view has been made very clear: there is no upward trend in the short term, and at most, one can bet on a double-top trend.

What is a double-top trend?

When a stock experiences a sharp drop, if other speculative funds haven't exited their positions, a double-top pattern can be created, meaning the stock will rise to the previous high point before being dumped.

Compared to the "A-shaped sell-off," a double-top pattern can trap more retail investors.

Because a stock that hits its daily limit down followed by its daily limit up can easily lead retail investors to think it's a shakeout.

This is precisely why the "double top trend" is the nemesis of the "limit-down trading strategy"; once a pattern emerges, the trader will almost always be trapped.

As soon as the viewpoint was published, a large number of retail investors came to read and gather.

[Xiao Bingxin]: Are credit funds illegally entering the market? I'm really disgusted. No wonder the A-shares market has been so strong this time. It turns out that someone is taking out loans to speculate on stocks and providing liquidity.

[Lonely Handsome Guy]: Waaaaah, I wronged Joker. If it weren't for the illegal entry of credit funds into the market, the A-share market might have collapsed long ago.

[A Big Sweet Potato]: What should we do now? Joker, should we cut our losses or hold on? Can you give us a definite answer?
[Stir-fried pork kidneys]: Huaguo Construction has absorbed 500 billion yuan of capital, and the A-share trading volume is only 3000 billion yuan. Everyone should be careful. I listened to the advice of the great Joker and reduced my holdings to wait and see.

As Zhang Yang watched the comments from retail investors flood the screen, he was about to reply when there was a knock on the office door.

"Boom boom boom——"

He glanced to the side and saw Zhang Zetian.

She was still wearing a white T-shirt and skinny jeans, looking pure and sweet.

Holding a cup of milk tea, she asked, "Brother Zhang Yang, would you like some milk tea?"

"You drink it."

Zhang Yang politely declined.

Milk tea, a sweet beverage, is mainly consumed by women, while men generally prefer alcohol, carbonated drinks, and tea.

"Ok."

Zhang Zetian responded and then said, "I've compiled the news from yesterday. Do you want to take a look?"

Zhang Yang glanced at the time; there was still half an hour before the market opened. He clicked the mouse, zoomed out the webpage, and said, "I can take a look."

"I'll go back and get the USB drive."

Zhang Zetian jogged to Zhang Yang's desk, put down the bubble tea filled with toppings, and then hurriedly ran out of Zhang Yang's office, just as impulsive as Xu Zhiruo.

Not a moment.

She turned back.

"Here."

Zhang Zetian handed the USB drive to Zhang Yang.

After Zhang Yang took the USB drive, he casually plugged it into the computer's USB port. Once the computer recognized it, he dragged the files out of the computer and opened them.

1. In the first half of the year, the value added of industrial enterprises above designated size increased by 7.0% year-on-year, with the growth rate rebounding to 10.7% in June. The sharp decline in domestic industrial growth has been curbed, economic growth has continued to recover, the confidence of economic entities has tended to recover, and the macro-control policies have achieved remarkable results.

2. The National Development and Reform Commission announced that, starting from 7:1 on July 29, 2009, the domestic prices of gasoline and diesel will be reduced by 220 yuan per ton. This is the first price reduction since January, aimed at easing inflationary pressures and promoting consumption.

3. The first round of the China-US Strategic and Economic Dialogue, which lasted for two days, concluded in Washington on July 28, 2009. The two sides reached a broad consensus on issues such as global economic recovery, financial regulatory cooperation, and trade and investment facilitation, agreed to strengthen macroeconomic policy coordination, and pledged to oppose trade protectionism.

4. Various regions have stabilized the employment situation by strengthening vocational skills training and encouraging entrepreneurship. In the first half of the year, 666 million new urban jobs were created nationwide, achieving 74% of the annual target, and the return-to-work rate of migrant workers exceeded 95%.

5. Rumors circulated in the market that "the China Banking Regulatory Commission will increase its scrutiny of the flow of credit funds," especially targeting companies that misappropriate loans for stock speculation. Subsequently, China Construction Bank announced that it would suspend mortgage loans for second-hand homes, which the market interpreted as a signal of "a comprehensive tightening of credit policies."

……

8. Market rumors suggest that some state-owned enterprises plan to reduce their holdings and cash out on a large scale, especially blue-chip stocks that have risen too much in the early stages.

9. The China Securities Regulatory Commission (CSRC) announced an investigation into Wuliangye for suspected violations of information disclosure regulations. Although the investigation mainly targets historical issues, the market interpreted it as a signal of an escalating regulatory storm.

10. The Eurozone manufacturing PMI rose to 46 in July, up from 38 in the previous month. Germany's PMI jumped to 48.9, indicating some improvement in economic activity, but it is still in contraction territory. The Eurozone unemployment rate remains high at 9.5%, and weak private consumption has resulted in insufficient recovery momentum.

After reading the whole thing, Zhang Yang was somewhat surprised and said, "You even wrote down those market-related essays?"

"I've recorded all the information you mentioned. Is it useful?" Zhang Zetian asked, as if seeking praise.

"good."

Zhang Yang swiped the mouse, and the document contained authoritative news from CCTV's evening news program, short essays on the capital market (some true, some false), and data and events from the international market.

It's clear from the compiled information that the country still wants to revitalize the "external demand engine" to support domestic manufacturing.

Many people may not understand why the United States engages in trade protectionism.

This is because since the advent of globalization, the United States has moved low-end manufacturing out of the country, retaining only education, finance, and healthcare, which are also the key areas of development for the United States.

At this point, some people might ask, what about the workers in the manufacturing industry?
Very simple.

They were all sent to agriculture.

Because they collectively engaged in agriculture, the backs of their necks were often sunburned red, and a huge "redneck" group was quietly born.

In an effort to win their votes, both sides will promise to bring manufacturing back to the country and send "rednecks" back to the factories.

But will manufacturing really return?
Very suspenseful.

Labor costs in the United States are too high.

It is precisely because of the high cost of labor that the United States was eager to dump its low-end manufacturing industries and enjoy cheap goods from around the world when finalizing global trade agreements.

As a reborn individual, Zhang Yang knew that a trade war wouldn't arrive so quickly, so the engine of external demand could be activated.

"If the full score is 100, what score would you give it?" Zhang Zetian asked again, his eyes full of anticipation.

"I'd say 95 points. The 5 points deducted were for not highlighting the key points with red lines, but that's not a big deal. Just highlighting the key points would make it easy for people to understand at a glance," Zhang Yang shared his experience.

Many news media outlets emphasize key news stories, and some news releases also use font color to highlight important points. This is considered an industry technique.

"I got it."

Zhang Zetian nodded.

"For your first time compiling news reports, this level of detail is already quite impressive. Don't be discouraged." Zhang Yang emphasizes a clear system of rewards and punishments, and this document is indeed very detailed.

"I will work even harder."

"Okay, let's go back and organize today's news."

"Roger that!"

"Don't forget to bring your milk tea."

"That's for you."

Before Zhang Yang could refuse again, Zhang Zetian took the USB drive and quickly walked out of the office.

No sooner had Zhang Zetian left than Xu Zhirou walked into the office and handed Zhang Yang a document, saying, "The financial research network's own database has been initially built. Considering security issues, I contacted the Qihoo Technology team and plan to have them encrypt the data."

"What's the budget?" Zhang Yang asked.

"Around 100 million, the database is quite important, so their offer is a bit low," Xu Zhirou replied.

"Okay, how's our security team doing?" Zhang Yang asked.

The lesson he learned last time made him realize that he couldn't rely entirely on Alibaba's protection team; he needed to strengthen his own capabilities.

Xu Zhirou: "We have already sent headhunters to find experts who can take the lead in technology. Yang Wei and Qin Junyu have been connected with the management of the Red Alliance, and there may be results soon."

"The Red Alliance?"

Zhang Yang's eyes lit up immediately.

The Red Alliance, officially known as the China Red Hacker Alliance, is the most legendary non-governmental technical organization in China's cybersecurity field.

On December 31, 2000, hacker Lin Yong announced the establishment of the "China Red Hacker Alliance" and called himself a Red Hacker. In an instant, the alliance attracted thousands of technology enthusiasts from all over the country to join, with "defending the country through the internet" as its core mission.

Despite being a non-governmental organization, core members such as Lin Yong, Bing'er, Wang Lin, and Tie Zhu are all highly skilled cybersecurity experts.

Their most classic moment was planting the red flag on the American website and playing the March for several days.

If Yang Wei and Qin Junyu can recruit a few core online hackers to join the site, then the cybersecurity issues of Caiyan.com will be easily resolved.

"Yes, Red Alliance."

Xu Zhirou nodded.

Without hesitation, Zhang Yang asked him to relay the message: "Tell them later that there is no upper limit to the monthly salary, and do your best to win over a few of them."

“I’ll call them later.” Xu Zhirou had just finished speaking when she added, “There’s one more thing, which is that headhunters are poaching our company’s employees, so you need to be careful.”

Zhang Yang: "..."

Headhunters poaching talent?

Who on Caiyan.com is worth headhunting?

He was stunned.

Generally, headhunters recruit experienced managers or top technical experts.

Are there people like this on Caiyan.com?

It seems not.

The company's current senior executives were all picked up by Zhang Yang and Xu Zhirou one by one from the job market; they couldn't even get into the headhunting talent pool.

The fact that they're now poaching people is most likely not to fill gaps in their skills, but rather an offensive tactic, another attack from their competitors.

"Okay, I understand."

Zhang Yang silently made a note of it.

Having worked for Bridgewater Associates in his previous life, he knew very well why he worked. Being poached meant that the company's benefits were inadequate.

As long as the value of employees outweighs their benefits, Zhang Yang will not be stingy with his generosity.

Cost reduction and efficiency improvement?

That's something only established companies do.

Startups emphasize mutual support and shared success!

……

The A-share market reopened at 1 p.m.

Traders from Huijin and China Securities Finance Corporation did not continue to sell off, but instead allowed panic selling to create a temporary bottom for the market.

3200 points.

3194 points.

3178 points.

With the two major institutions not dumping shares, the decline in the Shanghai Composite Index slowed significantly. However, as it fell below 3200 points, investors' sentiment shifted from panic to extreme panic.

[A Man Like an Eagle]: Please stop falling, I'm begging you, A-share daddy! You're my own father, just give your son a small lesson, please stop falling, I'm begging you!

[Revisiting a familiar place]: With such a huge difference, will it really fall below 3000 points?

[Flowers Bloom When I Appear]: 3000 points? At this rate, 1600 points is not a dream. I've already cut my losses. May everyone on board make a fortune.

[Crayon Shin-chan]: Making a fortune is a joke. Anyone who doesn't run now is a brave soul. Anyway, I've cleared out my stocks and closed my account. The A-share market is a scam!

The continued decline of the two major indices and the ongoing sell-off in Hong Kong stocks forced Li Daxiao to share his insights.

In the video, he no longer had a smile on his face, but instead adopted the demeanor of someone who had been through it all, earnestly imparting his experience.

[Let's talk about how to handle family relationships when stocks are falling. First, we must establish our proper positions. We should do more housework, speak less loudly, and be kinder to each other. We shouldn't lose our temper, but say more kind words. Once we've recovered our losses or made a profit, we can be a little more assertive. I hope these experiences can help my followers.]
The moment they didn't hear the word "cow," Li Daxiao's fans felt like the sky had fallen, and messages flooded the comment section like snowflakes.

[Where will I be when I wake up tonight]: No, Teacher Da Xiao, where's your cow?
[Xiao Student]: Oh no, Teacher Xiao isn't raising stocks today. Is the A-share market really going to plummet back to 1600 points?

[Love, Hate, and Enmity]: Clear out all stocks, decisively clear out all stocks, we can no longer hold stocks. Teacher Da Xiao has already hinted very clearly that the market will fall soon, and told us to be careful of our wives getting angry.

[King of Acrobatics]: What to do if you don't have a wife?
[Feng Ge Loves Stocks]: If you don't have a wife, go all in! What's there to be afraid of? If you win, you can get married; if you lose, you can become a pilot!
Less than five minutes after Li Daxiao posted the article, the A-share index fell again, reaching 3174.21 points, and the hashtag "Li Daxiao's stock did not perform well today" also became a trending topic on Weibo.

After raising cattle for eight months, the sudden decision to stop was an unusual one, prompting many "Xiao Xuesheng" (a term referring to investors who are not interested in raising cattle) to liquidate their holdings.

However, less than half a minute after they liquidated their positions, funds from Huijin and China Securities Finance Corporation flooded into the A-share market like a torrent.

[Stock Anomaly Alert]: Huaguo Bank saw a super buy order, amounting to 900 million.

[Stock Anomaly Alert]: A super buy order of 1200 million yuan appeared for China Construction Bank.

[Stock Anomaly Alert]: Agricultural Bank of China saw a super buy order, amounting to 900 million.

[Stock Anomaly Alert]: A super buy order of 1500 million yuan appeared for ICBC.

The sudden surge in the prices of the four major banks caught everyone off guard, with Zhang Yang even asking in surprise, "Has the bubble already burst?"

"Not so fast?"

Liao Guopei was puzzled.

Lin Guangchang: "The crowd was completely exhausted by 3174 points?"

Not only were Zhang Yang and his two companions puzzled, but Wang Yawei, Chen Zhimin, Wang Hongyuan, and other public fund managers were also stunned.

Did you squeeze out all the foam in just one morning?

How can this be?

But if the bubble hasn't been deflated, then who is propping up the prices of the four major banks?
"The point at which credit funds intervened was 2700. If the index doesn't reach that level, it definitely hasn't adjusted properly; it's just a false breakout," Wang Yawei of China Asset Management concluded directly.

At that time, the Shanghai Composite Index lingered around 2700 for a while, and the bears had a clear advantage. Just when it seemed like a pullback was imminent, three large positive lines appeared to change the trend.

Why the consecutive positive candlesticks?
The reason is simple: retail investors rushed in with leveraged and credit funds.

With the intervention of state funds, the Shanghai Composite Index rose rapidly.

3182 points.

3204 points.

3242 points.

The Shanghai Composite Index, which had fallen to 3174.21, a drop of 7.68%, has recovered to 6% of its previous level and is still recovering.

Seeing this, investors' adrenaline surged, and they quickly poured money into their trades, eagerly following suit.

[Searching for Her Among the Crowd]: The national team is here, and national funds are starting to intervene. If you don't buy now, you won't be able to buy such cheap chips later.

[Creamy Mini Cake]: The national team stepped in to prop up the market, wow! Let's see who dares to short A-shares now! Short-selling dogs, die!!!

[Feifeifeige]: Hahaha, I knew the government funds wouldn't ignore it. I bought more China Construction Bank shares when they dropped to 5%!

[The God of Securities]: Remember the A-share mantra: a sharp drop is a shakeout, a slow drop is distribution, controlling the market requires low volume, and cashing out requires a big rise!

While investors were discussing the matter, Zhang Yang kept a close eye on the intraday chart, trying to discern any clues.

10 minutes.

20 minutes.

30 minutes.

After switching back and forth between sectors such as banking, insurance, coal, and oil, and observing their buying funds, Zhang Yang shook his head and said, "The trend hasn't changed; it's just a continuation of the downtrend."

"How did you get it?"

Lin Guangchang was puzzled.

Zhang Yang did not hide anything and said, "The trend of capital inflow has slowed down, and the banks are receiving the most funds. If we really want to support the market, we can use the CSI 300 index to save it."

"However, using banks to stabilize the index is a routine operation, but the profit-making effect for retail investors will be very poor."

Those who hold bank stocks are mostly state-owned financial institutions, while retail investors mostly hold small and medium-sized stocks.

The advantage of buying bank stocks is that there is not much selling pressure, the shares are all in the hands of our own people, and the weighting index is high, so only a small amount of funds is needed to stop the market from falling.

"A trap for more buyers?"

Liao Guopei frowned.

Zhang Yang thought for a moment and then said, "If we really have to deflate the credit bubble, I'm more inclined to believe it will be a double-top pattern."

The early stages of a double-top trend are very similar to a pullback in the second major upward wave. If someone gets caught in this trap, they will either have to cut their losses and leave the market, or they may even be forced to sell at a loss.

"There are more sell orders for China Construction now, and the funds to support the market have come at an inopportune time."

Lin Guangchang looked at the sell orders, then turned to Zhang Yang and asked, "Should we sell?"

The stock market is ever-changing, and one must not stick to old ways. When Zhang Yang saw the national funds driving up the market and enticing other funds to leave, he replied to Lin Guangchang, "Reduce your holdings by half."

He wanted to gamble on a premium tomorrow, but the pooling of funds was broken, and Zhang Yang had to consider the risks.

Reducing your position by half is a type of portfolio diversification strategy. It's a trading strategy that aims for a certain return while retaining a certain level of "ambition."

Many people don't know how to do day trading, or they're afraid to profit from rising prices, so they operate with their entire capital without considering a position diversification strategy.

If we assume that funds are like bullets, then splitting the portfolio is like ensuring that a portion of those bullets can be loaded at any time, allowing for flexibility and resource management.

"Sell half."

"OK, sell half."

Liao Guopei and Lin Guangchang did not hesitate and began to slowly ship the goods.

Currently, Zhang Yang's account holds 1287.87 million shares of Huaguo Construction, while Liao Guopei and Lin Guangchang's accounts hold 2398.98 million shares and 1338.38 million shares respectively, for a total of 5025.23 million shares of Huaguo Construction.

Currently, Huaguo Construction's stock price has exceeded 8.6 yuan, and the total value of their shares has reached 4.32 million yuan.

As the three individuals gradually reduced their holdings, 2512.6 million shares of Huaguo Construction were sold, netting 2.16 million yuan.

According to the agreement between Zhang Yang, Liao Guopei, and Lin Guangchang, the profits among the three will be distributed in a 5:3:2 ratio.

After a quick calculation of the rate of return, Liao Guopei exclaimed in surprise, "After this deal, it seems we'll all be worth over 100 million!"

"Over 100 million?" Lin Guangchang paused for a moment, then came to his senses and said, "It seems so! I'm a billionaire now?!"

Having a capital scale of over 100 million is a very important threshold. If you cross it, it means you are already a top-tier second-tier speculative investor.

Many speculative funds that reach a size of 5000 million often suffer losses because some speculative funds cannot manage this size of capital; they are only suitable for following the crowd.

"Over 100 million? That's fast."

Zhang Yang couldn't help but sigh.

Having over 100 million yuan in capital is the starting point for the capital market. It represents Zhang Yang's current size, which allows him to control a small-cap stock on his own.

"The more funds we have, the more stable our control will be. Who knows, maybe we can even control the four major banks in the future," Liao Guopei joked with a smile.

"Don't do that, I don't want to go in and operate the sewing machine." Lin Guangchang was speechless.

Controlling the four major banks?
Isn't this just putting eye drops on the China Securities Regulatory Commission?

Generally speaking, bank stocks are a sector that should never be touched, because banks are the button for the government to regulate the market with funds.

If they really mess things up and try to control the rise and fall of the four major banks, they'll likely be on the evening news the next day.

Xu Xiang, Zhang Jianping, and Qiu Baoyu, three top speculative investors, have a combined capital of nearly 20 billion yuan, yet they never considered taking control of a bank. If Liao Guopei hadn't been joking, Zhang Yang and Lin Guangchang would have seriously considered sending him to the hospital to see a neurologist.

……

When Zhang Yang and Lin Guangchang became "hundred-million-yuan households," Huijin and China Securities Finance Corporation continued to exert their efforts, constantly supporting the two major indices.

As 3 p.m. approached, the two major A-share indices were finalized.

The Shanghai Composite Index closed at 3266.43, down 5%, with a trading volume of 2969.26 billion yuan, an increase of 500 billion yuan compared to the previous trading day.

The Shenzhen Component Index closed at 13070.6, down 5.54%, with a trading volume of 1321.91 billion yuan, an increase of 20 billion yuan compared to the previous trading day.

The culprit behind the surge in trading volume of the Shanghai Composite Index is Huaguo Construction.

As of the close of trading on July 29, Huaguo Construction saw a slight dip in the final minutes of trading, with its share price at 8.33 yuan, representing a gain of 110.35%. The trading volume was 4137 million lots, and the turnover was 344.6 billion yuan.

One stock alone contributed 344.6 billion in trading volume.

Less than ten minutes after the A-share market closed, Li Daxiao, who had initially thought the A-share market would enter a downward trend, resurfaced and shouted confidently.

[The national team has intervened strongly! Comrades, the national team has intervened strongly! The Shanghai Composite Index, Shenzhen Component Index, and even the Hang Seng Index have all shown lower shadows indicating a recovery. This is a strong and robust "bull's tail," comrades. The resilience of the Chinese stock market, coupled with the support of national funds, means this bull market is far from over!]
Comrades!
[I believe in the strength of our great nation!]
[The involvement of large countries' funds is truly impressive!]
(End of this chapter)