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

Chapter 181: Smashing Chinese Buildings, Liu Bei, Guan Yu, and Zhang Fei Gain 2.4 Billion in Profits

[Tomato and Egg Stir-fry]: Oh my god! The market has crashed! I'm quitting A-shares! Please give me my money back, I'm still a minor!

[Don't call me Da Vinci]: The damn big players are still dumping shares. You wait, tonight I'm going to find your mother and get the dumping agent!

[Crazy Goat]: The banking sector is a real cancer. When it rises, individual stocks may not rise, and when it falls, the entire market will fall.

The bank's sell-off had a very significant effect. Other index-weighted sectors, such as oil, real estate, coal, and non-ferrous metals, which had just shown some signs of rising, were hit hard and pushed back to the horizontal line, with some even falling below the horizontal line.

The decline in the weighted sectors of the index naturally dragged down the overall market index.

At this time, the Shanghai Composite Index was at 3234, down 0.99%, while the Shenzhen Component Index fell below 13000 points again, reaching 12894 points, down 1.35%.

However, the market opened higher in the morning session. For example, the Shenzhen Component Index opened at 13141.76, and at this point, the pullback had already reached 1.88%.

The market fell by 1.88%, but individual stocks often suffered even more severe declines.

With nearly 2000 stocks in the Shanghai Composite Index and Shenzhen Component Index, 100 stocks have already hit their daily limit down, and more than 300 stocks have fallen by 5%, making this a true stock market crash once again!
What will funds do when a stock market crash occurs?

There are roughly three scenarios.

1. Resolutely hold on.

2. Wait and see.

3. Adjusting portfolio and switching stocks.

When faced with a sharp drop, there are quite a few investors who stubbornly hold on, because many firmly believe that a sharp drop is a common refrain for market manipulation.

Is the sharp drop really a market correction?

There is some truth in that.

However, not every sharp drop is a market correction. Other technical indicators also need to be considered, such as the overall rise of A-shares, whether the price-to-earnings ratio is too high, and whether technical support levels have been broken.

To assume a sharp drop is merely a market correction is akin to mistaking a beautiful woman for her back view; the reality may be quite different from what one expects.

It's easier to understand why some funds choose to cash out and wait. When a sharp drop occurs, some funds tend to seek refuge from risk. Some are technical traders who want to do reverse T operations to reduce the risk of further decline, while others are panic-driven funds that flee in panic when the price is hit.

Portfolio adjustments and stock swaps are often led by institutional investors because mutual funds have minimum holding limits, which may be 70% or 80%. They cannot sell all their stocks, so in order to reduce the risk of market downturns, they will move funds to relatively safe defensive sectors. Once some retail investors understand this logic, they will try to follow suit. With more funds, stock prices will naturally rise.

Whether it's holding firm, taking profits and observing, or adjusting portfolios, each has its own set of trading logic.

3223.

3219.

3216.

The Shanghai Composite Index is still falling.

Just as retail investors were somewhat bewildered by the sell-off, Huaguo Construction appeared as if a goddess had descended, popping up a notification of abnormal fund movements and climbing into the top ten of the gainers list.

[Stock Anomaly Alert]: Huaguo Construction saw a super buy order, amounting to 600 million.

[Stock Anomaly Alert]: A super buy order of 700 million appeared in Huaguo Construction Bank.

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

In a generally declining market, Huaguo Construction made a striking 10% surge to its daily limit, and other construction-related stocks also showed signs of a turnaround.

"Who has such courage?"

Wang Yawei narrowed his eyes slightly. He didn't rush to sell off his shares, but instead waited patiently for the market to turn around.

Not only Wang Yawei, but other public fund managers did not rush to dump their shares. In the face of a general market decline, a large amount of retail investor funds would seek targets to hold together. If they wanted to dump their shares, finding retail investors to take over would be the best option.

Unless absolutely necessary, wolves don't eat wolves; this is an unspoken rule in the industry. After all, traders like Fuchun Road, who have no bottom line, no morality, and are despised by everyone, are still a minority.

Xu Xiang, Sun Guodong, Shu Yimin and others used very clever methods to control the market. After driving the price to the daily limit, they frequently canceled orders, causing retail investors' funds to move to the front end.

With Zexi Private Equity's trading model involving dozens of traders frequently placing and canceling orders, a large number of retail investors unwittingly entered Huaguo Construction at the limit-up price of 9.16 yuan.

4678 lots.

6431 lots.

8761 lots.

The number of buy orders is growing rapidly.

While the Shanghai Composite Index and Shenzhen Component Index continued to decline, causing widespread distress among retail investors, Huaguo Construction remained unaffected, much like a master craftsman sitting calmly on a fishing platform. This attracted a large influx of funds to follow suit.

Many people may not understand why there is so much speculative capital flowing in.

The underlying logic of bandwagon funds is the herd mentality ingrained in human DNA, which originated in tribal times.

At that time, weapons were mainly stone tools, making it difficult to kill wild animals with a single blow. If someone was alone and targeted, death was the only outcome.

It was precisely because the shadow of "being alone equals death" had long loomed over us that human DNA gradually recorded it.

As we enter modern society, the influence of herd mentality has become negligible; on the contrary, it may even become a weakness that allows us to be taken advantage of.

Why is it said that the stock market goes against human nature?
Because the big players know the weaknesses of retail investors, and it is precisely because they know these weaknesses that they can continuously exploit retail investors.

To avoid being exploited, one must maintain independent thinking, restrain instinctive impulses, and transform from a follower into a loner.

……

Zhangjiang, the capital of Shanghai.

The office of Caiyan.com is located on a single floor.

Looking at the rapidly increasing buy orders, Lin Guangchang couldn't help but exclaim, "My goodness, there are almost 10,000 lots of buy orders! Is this retail investors rushing in, or institutions rebalancing their portfolios?"

"Both major indices are correcting, and large-cap stocks with sound fundamentals like Huaguo Construction are most attractive to retail investors. However, it cannot be ruled out that institutions are adjusting their portfolios to avoid risks."

Liao Guopei analyzed.

Looking at the intraday chart, Zhang Yang, sitting in the main seat, stated his assessment: "The majority of the funds are from retail investors; the market makers are trying to squeeze out and kill these retail investors."

"How to say?"

"How to say?"

Liao Guopei and Lin Guangchang spoke in unison.

Zhang Yang's gaze remained fixed on the screen as he explained his method of judgment: "I just placed a buy order to check the order book, and it hit the limit up in less than 10 minutes. According to the usual order book, this is practically impossible. This means that someone is using frequent order cancellations and order placements to create the illusion of strong purchasing power."

"Looking at the intraday trading volume, after the 10% limit up, it stabilized at 2000 to 3000 lots, which is two to three million per minute."

"After the market continued to decline, the current trading volume has exceeded 4000 lots, indicating that selling pressure is gradually increasing and funds are fleeing."

"Is there capital flight?"

Lin Guangchang's heart skipped a beat, and he quickly asked, "When do we run?"

Liao Guopei also looked at Zhang Yang, wanting to know when his side would deliver on its promise, or whether they would have to stir up some trouble before delivering.

At this time, they still held 2512.6 million shares of Huaguo Construction, which, based on the current price of 9.16 yuan, amounted to 2.3 million yuan that they had not yet cashed out.

Zhang Yang glanced at the top ten buy orders and then said, "The top ten buy orders add up to no more than 10 lots, with a total value of less than 1 million. Let's wait until the value of the top ten buy orders exceeds 2 million before we release the flood."

Why not slow down the release?

Lin Guangchang was puzzled.

Is it to protect the bad reputation of Fuchun Road?

That’s not right!
The Fuchun Road seats had already sold off most of their shares yesterday. If they were to dump their shares now, the trading data would only show other seats.

"Afraid of alerting the enemy?" Liao Guopei looked at Zhang Yang with some uncertainty.

"Yes."

Zhang Yang nodded and explained, "If we add another 1000, no, another 500, to the 4000 lots, the total selling pressure of 4500 lots is already very obvious. It means that there are funds that want to sell. Retail investors are not stupid; they just have a shallow understanding of the market."

"Leaving aside the issue of retail investors and whether the big players might suddenly dump their shares, just considering 500 or 1000 lots, when will we be able to sell all our stock?"

"so!"

A sharp glint flashed in Zhang Yang's eyes, like that of a ruthless and cunning tycoon. He said in a deep voice, "Rather than delaying and alerting the enemy, increasing uncertainties and risks, it's better to wipe them out all at once and settle things once and for all!"

Besides not wanting to alert the enemy, there was another point Zhang Yang didn't mention: he believed that China Construction's bargaining chips were already highly concentrated, or rather, already in the hands of institutions.

The fact that Huaguo Construction's turnover rate was 68.6% on the first day indicates that 68.6% of the circulating shares changed hands.

Combined with yesterday's selling pressure points, these were basically the times that retail investors liked the most.

Assuming that most retail investors have already sold off their shares, and the major shareholders are aware of this information, then the shares held by Zhang Yang, Liao Guopei, and Lin Guangchang become somewhat concealed. If they were to sell off their shares at this point, it would expose their own holdings.

Of course.

This is merely Zhang Yang's personal speculation.

It was precisely because it was merely a guess that he didn't say it aloud.

After all, the Shanghai Stock Exchange has explicit regulations that trading data on the first day of a new stock listing will not disclose information on buying and selling seats. Therefore, regardless of indicators such as price increase or turnover rate, Huaguo Construction will not appear on the list of top gainers and losers.

Without the Dragon and Tiger Ranking, Zhang Yang could only rely on his experience to guess.

It's worth mentioning that the Shanghai Stock Exchange does not disclose the list of top gainers and losers on the first day of trading for newly listed stocks, but the Shenzhen Stock Exchange does, provided that the price fluctuation deviation reaches 15% and the turnover rate reaches 20%.

……

What Zhang Yang didn't know was that his guess was basically correct; a large number of circulating shares were now in the hands of private and public funds.

Huaguo Construction is a large-cap stock, and some infrastructure and real estate-themed mutual funds will buy a portion of its shares to hold as a base.

Apart from the public funds that bought these shares to hold, the remaining public and private funds are waiting for retail investors' funds to arrive.

1.3 lots.

1.5 lots.

1.9 lots.

The number of orders is still increasing rapidly.

At this moment, Shang Zhimin, the top fund manager of Huaan Fund, licked his slightly dry lips, his eyes fixed on the screen.

"Come in, little lambs."

"Come in quickly."

"Hey hey hey."

He chuckled inwardly, just like the Big Bad Wolf who tricked Little Red Riding Hood.

It wasn't just Shang Zhimin; He Zhen of GF Fund Management, Zhu Shaoxing of Fullgoal Fund Management, Zhang Hui of Huitianfu Fund Management, and Wang Yawei of China Asset Management were all eagerly waiting for retail investors' funds to arrive so they could devour them in one gulp.

Unlike public funds, private fund managers gradually withdrew, knowing that public funds were still waiting.

They don't need to communicate via QQ or by phone.

In stocks like these, where private and public funds work together to manipulate the market, the private funds usually exit first, followed by the public funds dumping the shares at the end.

Why did the private equity firms leave first?

The reason is simple: the money in mutual funds belongs to the investors. No matter how much money they make, the fund managers still receive the same amount of management fees.

Private equity funds are different. They not only have management fees, but also a percentage of the profits, and the money in them may include a share from the public fund manager.

Public and private funds are essentially a community of shared interests, and the A-share market has long since developed into a system with numerous unspoken internal rules.

Meanwhile, at Zexi Private Equity, traders were also selling off their holdings.

Private equity firms coordinate their selling, never exceeding 4000 lots per minute, and sometimes even dropping to 3000 lots.

4000 lots may seem like a lot, but that's relative to other stocks. Huaguo Construction is a newly listed stock, and it had a record-breaking trading volume of 344.6 billion yuan on the previous trading day.

If we convert 344.6 billion to minutes, yesterday's Huaguo Construction would have traded 1.38 million Chinese yuan per minute, equivalent to 15.3 lots of shares today.

Moreover, the opening auction this morning saw a surge in trading volume of 17 billion, with a trading volume of three to four thousand lots per minute, which is almost the same as no trading volume at all.

2.3 million.

2.6 million.

3.2 million.

The number of buy orders for the stock that hit the daily limit up is still rising.

Seeing this, Sun Guodong reminded Xu Xiang: "We have 30,000 buy orders for the limit-up price. Excluding our 5000 lots, there are already 25,000 limit-up orders, with a total value of 22.9 million."

"No rush, wait until there are 5 lots before dumping."

Xu Xiang is very patient.

He shared the same idea as Zhang Yang: neither of them wanted to alert the enemy.

The difference between the two is that he is afraid of alerting retail investors, while Zhang Yang is afraid of alerting public and private funds.

Zexi Private Equity invested 7 million yuan in the IPO of Huaguo Construction. Clearing out the shares will not be so simple; it will require a combination of slow exit and market crash.

Upon hearing Xu Xiang say there was no rush, the slightly overweight Shu Yimin laughed and joked, "It seems the A-share market is about to face another bloodbath. Let's mourn for the retail investors."

"Actually, I've never understood why retail investors like to chase high-priced stocks. Isn't that just giving us money away?"

Ma Xinqi asked with a smile.

"You have too much money, right? We need to help share the burden, haha."

Shu Yimin continued to laugh.

Sun Guodong couldn't hold back any longer and chimed in, "It's not that they have too much money, but that they lack a basic understanding of this market."

"To put it bluntly, it's stupid!" he criticized bluntly, his tone filled with strong disdain.

Xu Xiang took out his cigar box. He had recently become obsessed with cigars that had a stronger aftertaste. While cutting the cigar, he corrected him, saying, "If you're just stupid, you won't get ripped off too badly. The problem is that you're both stupid and greedy. That's the root cause."

Why is the threshold for opening a stock market account so low?

The reason is that very few stock investors can make money in the stock market.

If everyone could make money in the stock market, it's no exaggeration to say that it would be difficult for ordinary people to even open an account; they would even have to rely on connections to do so.

As for why retail investors often lose money, besides a lack of market knowledge, the biggest reason is a lack of discipline and an inability to fight against the primal instincts ingrained in their DNA.

……

While private equity firms were still unloading their shares, retail investors rushed into China Construction like refugees fleeing a famine.

[Mianbing Miaomiao Sauce]: I can't take it anymore, I really can't stand this market. I've cleared out all my stocks. I should stick with the big players. Huaguo Construction is the safe haven.

[Silently I climb the western tower alone]: At this rate of drop, it could break through 3000 points in three days, reach 2000 points in half a month, and return to 1600 points in three months, damn it.

[Open Sesame]: I bought Huaguo Construction yesterday at the end of the trading day. Now I'm laughing at you guys who are crying for your parents after the crash. It's great!
[Give me back my money, A-shares]: Fuck you, A-shares! Give me my money back! I want my money back!!!
Not only were retail investors stunned by the market crash, but some fund managers from public funds were also caught off guard. They have begun to adjust their portfolios and shift funds to safer sectors.

The stock swaps and portfolio rebalancing by mutual funds further dragged down the two major indices.

Faced with this situation, Li Daxiao, who yesterday proclaimed a "bull market in a great nation," received a call from "Shui Pi" inquiring about the specific situation of the stock market.

“Da Xiao, Da Xiao, I am Shui Pi.”

"Boss Shui, Boss Shui, this is Da Xiao."

"Aren't they supposed to be powerful nations? Where is the national team? Where is the national team?"

"national team……"

Li Daxiao switched to the Hang Seng Index in Hong Kong, glanced at the decline, and said: "The national team is in Hong Kong stocks. Mr. Shui, Mr. Shui, don't panic, don't panic. Save Hong Kong first, then save the mainland!"

"Oh dear, we have to keep waiting? I can't take it anymore, Da Xiao."

"Save Hong Kong Island first, then the mainland. Mr. Shui, hang in there a little longer. It's alright. The national team is here. The national team is right beside us."

"Alright, Da Xiao, I'll trust you one more time."

"Trust the national team, everything will be fine. If there's nothing else, I'll hang up now, Mr. Shui."

"Alright, alright."

After the call ended, Li Daxiao did not record a video, but instead edited the text and posted it on his personal Weibo account.

[This is just the darkness before dawn, don't panic. This round of decline was caused by illegal entry of credit funds into the market. It's like scraping the bone to remove poison; there will be some pain. We must believe in the recovery power of A-shares. In addition, the Hang Seng Index has already rebounded, and the national team is exerting full force. Everyone must not fall in the darkness before dawn. Let us unite as one, lend the light in our hearts to A-shares, and help it break through the shackles of darkness...]
[come on! ]
[Dawn Bull!!!]
Just as the "dawn bull" was proclaimed, the Shanghai Composite Index suddenly turned a corner, and banks, which had been under selling pressure, once again received bailout funds.

[Stock Anomaly Alert]: Huaguo Bank saw a super buy order, amounting to 1900 million.

[Stock Anomaly Alert]: A super buy order of 1700 million yuan appeared for China Construction Bank.

[Stock Anomaly Alert]: Agricultural Bank of China saw a super buy order, amounting to 2000 million.

[Stock Anomaly Alert]: A super buy order of 3000 million yuan appeared for ICBC.

The appearance of buy orders worth tens of millions of yuan was like the dawn breaking through the darkness, and the Shanghai Composite Index emerged from the V-shaped bottom and quickly surged upward.

Not only banks, but other index-weighted sectors are also recovering; they seem to have agreed to charge in the same direction together.

When ordinary retail investors saw this, they were at a loss. Some had already sold off their entire holdings, while others had already adjusted their portfolios and switched to other stocks. They had no idea how to trade when the turning point arrived.

Upon seeing this, the "Xiao students" exclaimed "Holy crap!" and began to sing praises.

[一霄倾城]: No, is Teacher Da Xiao actually the spokesperson for state funds? His Weibo post just went viral and his account went up immediately. Did he have to hide this so well?!
[Xiao Jie Loves Singing]: Banks drive up coal prices, coal drives up electricity prices, even Moutai prices have risen. Is this what a bull market in a major country looks like?
[Beihai Tombstone]: Teacher Da Xiao's identity has been exposed! He just said he would lend his light to the A-shares market and it went up. I'm not saying anything more, I'm going all in on the Dawn Bull! Hahaha!
In less than half a minute, the Shanghai Composite Index narrowed its decline to 1%, and banks continued to exert their strength.

The moment Zhang Yang saw the market surge, he knew he couldn't wait any longer and decisively shouted, "9.02, sell!"

The moment the word "smash" was uttered, Liao Guopei and Lin Guangchang suddenly perked up, and the three of them smashed their chips almost simultaneously.

The latest price of 2512.6 million shares of Huaguo Construction is 9.16 yuan, and their order price is 9.02 yuan, which is the 15th level.

According to the principle of "price priority, time priority", sell orders with lower prices will be executed first, and the transactions will be executed step by step.

What is step-by-step transaction?

For example, Zhang Yang, Liao Guopei, and Lin Guangchang all placed sell orders at 9.02 yuan. These sell orders were first matched with the limit-up price of 9.16 yuan. If there were not enough orders at 9.16 yuan, they were matched with orders at 9.15 yuan.

Based on a price of 9.02 yuan, the supply was insufficient and transactions continued until the price reached 9.02 yuan or all transactions were completed.

[Stock Anomaly Alert]: Huaguo Construction has seen a super sell order, amounting to 800 million.

[Stock Anomaly Alert]: Huaguo Construction has seen a super sell order, amounting to 1000 million.

[Stock Anomaly Alert]: Huaguo Construction has seen a super sell order, amounting to 900 million.

……

[Stock Anomaly Alert]: Huaguo Construction has seen a super sell order, amounting to 1300 million.

Countless abnormal activity alerts flashed instantly, firing the first shot in the market crash.

Sun Guodong's eyes widened, and he shouted, "What the hell? Some beast dumped the chips without warning, and at least 1 million of them! We bought seven or eight million worth of chips!"

"This feeling...it feels so familiar..."

Ma Xinqi was stunned.

Shu Yimin: "It's not 1 million, it's 2 million. The board was smashed and left a deep dent!"

"Follow suit, follow the sell-off, limit down price!"

Xu Xiang suddenly panicked.

Huaguo Construction was Zexi Private Equity's largest deal, and it was also a successful start to the year. They couldn't afford to lose money, so they quickly pressed the "nuclear explosion button."

The moment the limit-down price was announced, all the traders at Zexi Private Equity, including Sun Guodong, Ma Xinqi, and Shu Yimin, quickly pressed the trade button. Their combined holdings of over 5 million yuan were like a torrential downpour, showering all the retail investors with their money.

It wasn't just Zexi Private Equity; other private equity firms also rushed to get ahead.

rule?

There are no rules anymore!

Because nobody knows which unruly guy pressed the "nuclear explosion" button, which blew through the panel. If you want to repair it, who would be willing to spend hundreds of millions to reseal the panel?
Besides, if you want to lock in the price, will other private and public funds agree?
There was divergence at the end of yesterday's trading session, and now that the stock has hit its daily limit down, a massive amount of shares have been released instantly.

[Stock Anomaly Alert]: Huaguo Construction has seen a super sell order, amounting to 2500 million.

[Stock Anomaly Alert]: Huaguo Construction has seen a super sell order, amounting to 1900 million.

[Stock Anomaly Alert]: Huaguo Construction has seen a super sell order, amounting to 3100 million.

Qiu Baoyu, the "God of A" in Fujian, and Zhang Jianping in Lin'an, both responded immediately by dumping shares.

Nobody dared to gamble.

Nobody wants to gamble.

In this situation, the best course of action is to dump the shares on retail investors to take over.

The lack of ethics among speculative capital and private equity firms left public fund managers such as Wang Yawei, Shang Zhimin, and He Zhen stunned.

According to the usual practice in the investment world, shouldn't the public funds dump their shares after the private equity and speculative funds have finished their exits and there has been a ten-minute silence?
Should we just smash it?
What do you mean?
"Great! Awesome!"

Wang Yawei gritted his teeth. He was really getting a bit too hot-tempered. He thought to himself that he was the only one who talked about martial ethics, while everyone else was just a bunch of animals!

Without hesitation, he also used the limit-down price to "release the flood," completely disregarding the stock price which was already close to the horizontal line, only wanting to clear his position.

Huaxia Fund, Huaan Fund, Fullgoal Fund, Huitianfu Fund, GF Fund, and other institutions of all sizes began dumping shares.

Retail investors lived up to expectations, thinking of buying the dip and adding to their positions as soon as they saw the stock price fall.

8.32 yuan.

8.21 yuan.

8.04 yuan.

7.83 yuan.

The pattern of retail investors buying more when the stock price is lower has not been broken. The trading volume in one minute has exceeded 20 billion, and most importantly, a large number of retail investors are still comforting themselves.

[Social Brother An]: A sharp drop is a shakeout. Our teacher said that a sharp drop is a shakeout, so don't be fooled by the big players and go all in!
[Ethereal Love]: Huaguo Construction just refuted yesterday's article about gross profit margin. It must be that the major players couldn't get cheap shares and were so angry that they tried to deceive us with this kind of tactic. Please don't fall for it!

[Underground Boyfriend Xiaopeng]: I am a time traveler from 2025. This is a complete and utterly shameless market manipulation. All retail investors, charge with me and crush the short sellers!

[Alias: My apologies]: A sharp drop is a shakeout, a sharp drop is a shakeout, a sharp drop is a shakeout! I'll say it three times because it's important. Those who should add to their positions should do so. Tomorrow we'll make a killing!!!
The "waterfall sell-off" of Huaguo Construction not only failed to break the spirit of retail investors, but instead inspired them to follow suit, believing that since the Shanghai Composite Index had experienced two consecutive days of sharp declines for market cleansing, Huaguo Construction might also be experiencing a similar sharp decline for market cleansing.

However, some veteran stock investors have already noticed something amiss: there are too many shares being dumped, and the turnover rate has soared to 70%, which is clearly a sell-off.

7.62 yuan.

7.54 yuan.

7.51 yuan.

When Huaguo Construction's stock price hit the daily limit down of 7.5 yuan, and sell orders continued to accumulate, some retail investors finally woke up to reality.

[Wu Song Fights the Tiger]: Damn it, I've been adding to my position all the way down from 9 yuan, I've got all the bullets, and it still hits the daily limit down! Lin Bei, I'll fuck your mother!

[浪里个啷]: I'm a new stock investor and I have some questions. Why can't I sell my stocks? I've already lost 2 yuan. Will they continue to lose money? Please answer.

[Loves mineral water]: My entire portfolio is underwater. Damn it, are there any entertainment venues that hire male prostitutes? I'm a 185cm tall physical education student with eight-pack abs. My only requirement is that I don't accept male clients.

The price plummeted from 9.16 yuan to 7.5 yuan, a drop of 18.12%, marking a single-day decline that is unique to stocks that hit both the daily limit up and the daily limit down.

……

While Huaguo Construction shareholders were lamenting their losses, Zhang Yang, Liao Guopei, and Lin Guangchang were counting their money until their hands cramped.

"I've sent you the screenshot, Joker."

"I sent it to you too."

Liao Guopei and Lin Guangchang waited for Zhang Yang to calculate the final profit, since they had initially agreed that the profit would be distributed in a 5:3:2 ratio.

"Received it, let me calculate."

Zhang Yang opened the screenshot of the transaction record and calculated the specific profits from this IPO.

Because they were subscribing to new shares, their cost price was 3.96 yuan.

According to the initial screenshot of the holdings, Zhang Yang's account held 1287.87 million shares of Huaguo Construction, while Liao Guopei and Lin Guangchang's accounts held 2398.98 million shares and 1338.38 million shares respectively, for a total of 5025.23 million shares of Huaguo Construction.

Yesterday, half of the shares, or 2512.6 million shares, were sold at a price of 8.6 yuan per share, netting 2.16 million yuan.

The remaining 2512.6 million shares were traded at an average price of 9.12 yuan, totaling 2.29 million Chinese yuan.

Multiplying the total amount of 5025.23 million by the cost price of 3.96 yuan, we can conclude that Zhang Yang, Liao Guopei, and Lin Guangchang invested a total of 1.989 million yuan.

In other words, the profit from this IPO subscription is 2.16 million + 2.29 million - 1.989 million, which equals 2.461 million Chinese yuan.

Based on a 5:3:2 split, Zhang Yang took 1.23 million, Liao Guopei 7383 million, and Lin Guangchang 4922 million.

After completing the calculation, Zhang Yang turned the laptop screen toward Liao Guopei and Lin Guangchang and said, "Here, the complete calculation process. The total profit is 2.461 million, mine is 1.23 million, Wuyingjiao is 7383 million, and Yangjia is 4922 million. You can check it."

"Fuck!"

"Holy crap???"

The two men stared wide-eyed. Although they had vaguely guessed that the rate of return would be terrifying, they never expected it to exceed 2 million!
Do not!
To be precise, it's 2.4 million!
What does 2.4 million mean?
If you use that money to buy houses, at 100 million per house, you could buy 240 houses. If you rent them all out, you could earn at least several hundred thousand or even a million a month.

"Our gang is too awesome, it's like printing money from a money printing press!"

Lin Guangchang did not question Zhang Yang's accounting, because after spending several months together, they could see each other's character.

Liao Guopei also didn't expect Zhang Yang to miscalculate, and exclaimed, "Damn, what kind of hard life did we have before? Our Liu, Guan and Zhang gang in Shanghai is really awesome!"

"Hahaha, awesome!!"

Lin Guangchang echoed this.

Before the three joined forces, Liao Guopei was just a second-tier speculative investor "gatekeeper". Although he had some reputation, his capital size had always hovered around 40 to 50 million. Lin Guangchang had even less capital size, only over 10 million.

After coming into contact with Zhang Yang, starting with Rhine Biologics, Liao Guopei's financial resources took off rapidly, not only successfully exceeding 100 million, but after this, including Haitong Foods, his financial resources have exceeded 200 million!
Lin Guangchang's figure also exceeded 100 million, and even surpassed 10 million, reaching 110 million.

At this rate of making money, they won't forget who their leader is.

It's no exaggeration to say that if Zhang Yang hadn't said he was going all in on China Construction, they would never have used all their funds to rush into an IPO.

New stocks can rise a lot, but they can also fall a lot. If you're unlucky and encounter a stock that falls below its issue price, you could lose half a year's worth of investment.

It is precisely because of their flamboyant decision-making that they are able to make money as easily as drinking water.

Seeing the two men's excited expressions, Zhang Yang, who was "in the know," simply smiled and said, "Now that we have the capital, it's time to meet the big players in Haitong Foods."

Haitong Foods fell 8.97% yesterday, with its stock price in a relatively low range.

Now they have a capital of over 4 million yuan. In addition to the previous accumulation of shares, and the fact that Haitong Foods is a small-cap stock with a total share capital of 2.3 million and a circulating share capital of 1.65 million, Zhang Yang no longer needs to waste words with the market manipulators inside.

Upon hearing that they were going to acquire Haitong Foods, Liao Guopei immediately rubbed his hands together and said, "If I remember correctly, their outstanding shares are over 1.6 million, and the current share price is..."

He quickly typed in the text, searched for Haitong Foods, and then said, "7.62 yuan."

"7.62 yuan?" Before Liao Guopei could speak, Lin Guangchang interrupted, "Why waste words with the old manipulators inside? Short-term control only requires 10% of the circulating shares. With our capital, let's just do it!"

"By the way, where's the guy who jumped off the building?" Liao Guopei suddenly remembered Chen Sanrong, who had threatened him, and looked at Zhang Yang.

Zhang Yang smiled, and in his usual calm tone, uttered the harshest words: "Use this ticket to bury him."

(End of this chapter)