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

Chapter 183 The "Fishing to Raise" Strategy Reappears; Chen Sanrong is Deserving to Be a Beast

As the minute hand reaches the 12 position, 1 p.m. arrives.

It's worth mentioning that 1 p.m. to 2 p.m., or 1 p.m. to 1:30 p.m., are some of the few times that salaried workers can trade stocks.

Anyone who has worked knows that companies with better benefits often offer a two-hour lunch break, from 12 pm to 2 pm.

For less prestigious companies, the break is only one and a half hours, or one hour; for even less prestigious companies, it's only half an hour.

However, those who can trade stocks part-time usually only have two hours of rest time.

Why emphasize this period of time?

The reason is that major players like to drive up prices between 1 pm and 2 pm because they know when "working-class stock investors" are watching the market and will target them with "traps".

This kind of market movement—a pullback in the morning, a brief rally at the start of the afternoon session, and a sharp drop at the close—is familiar to any veteran A-share investor.

The brief rally at the afternoon opening was targeted at salaried stock market investors.

Don't underestimate this group of stock investors; they make up a significant portion, often exceeding 70% of the total number of retail investors in the A-share market.

Zhang Yang glanced at the market index and, as expected, saw a slight increase.

It's obvious that the stock market investors, who are mostly salaried workers, saw the strong recovery and thought that the market had bottomed out, so they rushed in.

He stopped paying attention to the overall market trend and quickly switched between the intraday charts of Gezhouba, Conch Cement, and Anhui Water Resources.

Gezhouba and Conch Cement both saw slight increases, while Anhui Provincial Water Resources turned downwards. This immediately made Zhang Yang realize that there might be a speculator suppressing the price of Anhui Provincial Water Resources.

What is a pressure plate?

The market maker doesn't want the stock price to rise, or rather, the market maker needs the stock price to fall, so they can use repeated fluctuations to buy low and sell high, thereby reducing the cost price of the shares they hold.

For example, suppose both retail investors and institutional investors have a cost price of 10 yuan. If the institutional investor starts selling off their shares from 10 yuan, then they are essentially cashing out their profits.

If the stock price falls as expected, say to 9 yuan, and he buys back the shares, then the cost price of the major shareholder's holdings will be lower than that of retail investors. If this cycle continues, the major shareholder's holding price may be half or even lower than that of retail investors.

Of course.

This is just an example.

Many major investors will not sell off more than 2%, and some will buy back in gradually after a 1% drop, in order to avoid problems with market sentiment.

This cyclical process is what stock market investors are familiar with as sideways consolidation.

This is also why, even after trading sideways for several months or even half a year, stock prices can suddenly plummet or surge.

If the cost of the shares held by the major shareholders is low enough, they will not lose money even if the current stock price is halved. Instead, it is the retail investors who will sell their shares at a loss in panic.

……

"Let's try the Anhui Provincial Water Resources stock. This stock has risen quite a bit recently, so the major shareholders' cost price might be very low," Zhang Yang said, staring intently at the screen.

“It is indeed a small speculative stock. The stock price was 2.69 yuan in November 2008, and it is now 12.04 yuan,” Lin Guangchang replied.

Liao Guopei also opened the daily chart of Anhui Water Resources and analyzed: "The stock price was 6 yuan in early July. Now the stock price is 12 yuan. The other party's holding price may be around 4 yuan or 3 yuan. The market risk is a bit high."

"Moreover, looking at its trading pattern before June 30th, the overall trend was upward, indicating that the other party was constantly doing T+6 trading to profit during the upward movement, reducing the cost of the upward movement."

Zhang Yang nodded slightly in agreement, and then shared his thoughts: "There are two possible explanations for the other party's behavior of doubling the stock price in just one month."

"1. Once the consolidation is complete, the price will be driven up to sell off the remaining shares."

"2. They knew in advance that the South-to-North Water Diversion Project was about to enter the full-scale construction phase, thereby driving up the stock price and completing the repricing."

At this point, Zhang Yang changed the subject, saying, "Personally, I prefer the second one because the timing of the price surge is too clever, as if it were a repricing after knowing inside information in advance."

"really."

Liao Guopei responded and continued, "Moreover, the South-to-North Water Diversion Project has just entered the full-scale construction phase, so there's no reason for them to rush to fulfill their promises."

"It's 11.99 yuan now, what do you mean?"

Lin Guangchang kept a close eye on the market.

He quickly added, "It seems there's been some capital injection; the trading volume increased by 827 lots, and the amount is..."

Before he could do the mental calculation, Zhang Yang directly gave the answer: "99.1".

"Stuck on the line?"

"Could it be the guy who jumped off the building?"

Liao Guopei looked at Zhang Yang and Lin Guangchang.

A transaction of 100 million yuan triggered unusual fund activity, and the amount of 99.1 yuan was very close to the mark. Any speculative investor would know what that meant.

"Let me ask."

Liao Guopei quickly switched to QQ on his computer, opened Chen Sanrong's chat window, and typed: "Did you buy the card order?"

"Snapped--"

Press Enter to send.

Not a moment.

The other party sent a reply.

[Jumping off a building]: That's me.

"It really is that guy who jumped off a building. He learns really fast and knows how to lure in speculative investors." Liao Guopei looked at Zhang Yang, waiting for further instructions from the man.

Before Zhang Yang could speak, Lin Guangchang added, "The price is plummeting rapidly. The market maker clearly doesn't want to push the price up and is frantically dumping shares to suppress the price."

11.89 yuan.

11.76 yuan.

11.53 yuan.

The stock price inexplicably plummeted, leaving retail investors bewildered and prompting them to vent their frustrations in the stock's discussion forums.

[Cat Master Doesn't Eat Fish]: What happened? What happened? Damn it, even with good news, the price is still falling?
[The Fool Who Challenges the Windmill]: I just bought 1000 shares and lost two or three hundred yuan. Do the major players have any humanity left?

[Incompetent Husband]: From my perspective as a tech enthusiast, the trading volume of Anhui Provincial Water Resources Department surged to 240 million RMB on July 24th. Now, after continuous volume contraction, yesterday's trading volume was only 1.94 million RMB. Furthermore, the DIFF line has turned downwards and may form a death cross with the DEA line. In addition, the 5-day moving average has also been broken, making a pullback highly probable.

[Boxer briefs]: Sell, I'll sell, okay? Damn it, I lost another 500 yuan and have to leave. I'm thinking of closing my account and quitting.

While retail investors were discussing the stock, the price had already fallen to 11.39 yuan, a drop of 4.45%, with an overall plunge of 5.12%, clearly a warning from the major shareholders.

Chen Sanrong panicked. He had invested a total of 230 million yuan and had already lost 11.77 yuan. He quickly sent a message to Liao Guopei saying, "I've been dumped. The other party doesn't want to push the price up."

Upon receiving the message, Liao Guopei was speechless. He looked at Zhang Yang and said, "The guy who jumped off a building is trapped. What do we do now?"

"If there's positive news but they don't want to push up the price, and they haven't sold off their shares, the other party might be a long-term speculator. Anhui Provincial Water Conservancy's total circulating shares are 2.2 million, of which the top ten shareholders hold 30.15%, and the largest shareholder is Anhui Provincial Water Conservancy Construction Engineering Corporation, holding 17.029%. That means the current circulating share ratio is 69.85%, totaling 1.53 million shares. Based on the 60% control threshold for long-term speculators, the other party might hold 9180 million shares."

Zhang Yang's rapid analysis.

"So that means the other party might have 1 billion worth of chips?" Lin Guangchang was shocked. They only had 400 million available funds and couldn't afford to offend them.

"Give up on this target?"

Liao Guopei inquired.

"No!"

Zhang Yang immediately rejected the idea, and continued, "Since the other party is suppressing the price but is not in a hurry to cash out, it is obvious that they believe the stock price still has room to rise. Now that a large amount of capital has intervened strongly, it may trigger their protective mentality."

The moment the words "protect food" were uttered, Liao Guopei and Lin Guangchang understood immediately.

How much do you want to buy?

"Yes, how many do you want to buy?"

When pressed by the two men, Zhang Yang looked at Liao Guopei and said, "Let the guy who jumped off the building put in 500 million, and see how deep it goes."

Liao Guopei: "Will he agree?"

"Yes, he has something on you, and the transaction records you posted have probably already gotten him a little excited."

Zhang Yang was extremely confident, his deep eyes seeming to see right through Chen Sanrong.

Although he hadn't known Chen Sanrong for long, he had already roughly figured out what kind of person he was.

Chen Sanrong's greatest strengths are his decisiveness and strong execution, but his weaknesses are also obvious, namely his short-sightedness.

Liao Guopei hesitated for a moment, but still sent a message to Chen Sanrong.

[Zen City Shadowless Kick]: Add another 500 million, remember to split the order.

"I wipe?"

Upon seeing the message, Chen Sanrong cursed and muttered to himself, "Is that bastard Wuyingjiao trying to trick me?"

He glanced at the trend chart of Anhui Province's water resources. It had already increased fivefold from the low point in 2008, and was about to increase sixfold.

But then he thought about it again, and realized that he still had leverage over the other party. After weighing the pros and cons, Chen Sanrong typed a warning: "Don't even think about tricking me, or you know the consequences."

After sending the message, Chen Sanrong acted decisively and quickly split the order, buying 100 million shares of Anhui Provincial Water Conservancy at a price of less than 500 million per order.

Because the amount was less than 100 million, there was still no abnormal fund movement.

However, the market maker seemed to be angered, and the stock price, which had been slightly pulled back, was once again driven back down to 11.39 yuan and began to continue to decline.

Chen Sanrong panicked immediately. He had already lost hundreds of thousands of yuan. He quickly sent a message to Liao Guopei: "I bought it. When are you going to buy it?"

Liao Guopei didn't rush to reply to his message, but looked at Zhang Yang and said, "Old Zhuang is very confident and is still suppressing the stock price."

Seeing this, Zhang Yang didn't waste any words and said in a deep voice, "Spend 5000 million."

"I'll do it." Lin Guangchang volunteered and quickly finalized the amount, then placed an order for 5000 million Chinese yuan.

[Stock Fluctuation Alert]: Anhui Provincial Water Resources Department saw a super buy order of 5000 million yuan.

The 50 million super buy order is set at 12.5 yuan, but according to the core principle of price priority, the sell order will be executed first, which is 11.21 yuan, and the order will continue to be bought up until all the chips at 12 yuan are bought up, or the 50 million is exhausted.

11.39 yuan.

11.58 yuan.

11.87 yuan.

11.99 yuan.

The stock price not only turned positive but also rose by 3.18%, currently trading at 12.3 yuan.

The genuine "V"-shaped trend reversal left stock market investors wide-eyed.

[Little Rascal]: Holy crap? In the blink of an eye, it went from a 5.64% drop to a 3.18% gain. What are the big players up to?
[Teacher Sigma]: What the hell? I was just about to do a T+0 trade and sell my stocks, and you pulled off a V-shaped reversal.

[Poor Kid]: This is awesome! I bought at the bottom and now it's like eating a limit-up stock. I really am a genius trader, hahaha!
……

While retail investors in the stock market were experiencing mixed feelings of joy and sorrow, Wu Yuxuan, far away in Feicheng, Anhui Province, was frowning, unsure of the strength of his opponents.

Wu Yuxuan was born in 1972 and is a native of Feicheng, Anhui Province. His usual trading seat is the Tianda Road branch of Huaan Securities.

He had been involved in the stock market for 10 years, and his account had reached a peak of 100 million yuan, but 70 yuan of that was principal, making him a small-time investor with little talent.

Four years ago, while fishing, he met a middle-aged man who, after learning that Wu Yuxuan was involved in stock trading, introduced him to a powerful figure. This powerful figure happened to have a project and asked Wu Yuxuan to manage it for him.

Four years have passed in the blink of an eye. He is no longer the small retail investor he once was, but a seasoned investor with 1 billion yuan in funds.

There are many speculators like Wu Yuxuan. They have huge amounts of capital but lack the corresponding speculative mindset. Therefore, they are called "white-glove speculators" in the industry.

Unsure of what to do with the other party, Wu Yuxuan immediately called his boss.

"Dududu-"

After a few busy tones, the call was connected.

"What's wrong, Xiao Wu?"

"Boss, there's something going on with the stocks. I was trying to sell at a lower price for a day trade, but some speculative capital jumped in, driving the price up by over 5000 million. Should we keep dumping?"

Wu Yuxuan kept it brief.

After thinking for a moment, the other person asked, "What do you think, should we smash it or not?"

“We don’t know the size of their funds yet, so I think we should be cautious to avoid being outmaneuvered by them,” Wu Yuxuan suggested softly.

"Then let's do as you say. The South-to-North Water Diversion Project isn't going to end anytime soon, understand?" the voice on the other end of the phone reminded him.

Wu Yuxuan: "I understand. That's why I'm asking you for instructions. I won't bet on it, so as not to let the chips fall into the other side's hands."

"You decide, I only care about the results." The person on the other end of the phone had just finished speaking when they added, "Perhaps the other party also knows some inside information. You need to do your best to ensure our rate of return."

"clear."

"I hung up the phone."

"Good boss."

As soon as the call ended, Wu Yuxuan dropped his playful demeanor and immediately took back the chips he had just cleared out.

12.59 yuan.

12.78 yuan.

12.96 yuan.

After being hit, Anhui Water Resources' stock price soared, almost hitting the daily limit of 13.11 yuan.

Seeing the stock price about to hit the limit up, Wu Yuxuan did not stop it anymore. He realized that the other party had a large amount of capital. Rather than a head-on confrontation, it would be better to let the other party raise the stock price first, and he would reap the benefits and reduce his holdings when the time was right. This is also the main strategy of long-term investors.

Why can long-term investors tolerate short-term investors?

The reason is that after short-term speculators drive up the stock price, long-term speculators can reduce their holdings and profit at zero cost. Even if things fall apart later, long-term speculators can control the price to continue to profit.

To put it simply, long-term investors usually profit from market fluctuations.

As long as the company doesn't experience any black swan events, the returns of long-term speculators can be said to completely outperform those of short-term speculators, and the success rate is extremely high.

……

When the Anhui Provincial Water Resources Department closed the trading limit, Chen Sanrong immediately checked his holdings. His initial investment of over 700 million yuan had now increased to nearly 800 million yuan.

"Gulu——"

He swallowed hard and exclaimed, "No wonder Xu Xiang, Leader Zhang, and God A all form cliques; making money is so easy!"

Before he could continue his reflections, Liao Guopei sent another message.

[Zen City Shadowless Kick]: If you still have funds, come to Gezhouba, the market will be booming soon.

Without hesitation, Chen Sanrong replied, "Coming right away."

His total capital is 1400 million, he just threw out more than 700 million, and now he has less than 700 million left, about 680 million.

Upon hearing that Gezhouba Dam was also being considered, he once again went ahead to test the waters. Since the notorious stock market on Fuchun Road had recently quieted down considerably, speculative funds investing in Gezhouba Dam were no longer considering Fuchun Road and were actively responding to the call.

In just a short while, Zhang Yang, Liao Guopei, Lin Guangchang, and Chen Sanrong had lured speculative funds into Gezhouba Group, driving the stock price to its daily limit, currently trading at 13.88 yuan.

Following the surge in Anhui Provincial Water Resources and Gezhouba Group stocks to their daily limit, other stocks related to the South-to-North Water Diversion Project also saw significant increases.

Because Chen Sanrong had limited funds, he only invested in Anhui Provincial Water Conservancy and Gezhouba Dam, while Zhang Yang, Liao Guopei, and Lin Guangchang invested in Conch Cement, and all three stocks hit their daily limit.

"knock off!"

Liao Guopei stretched.

As a follower of Zhang Yang, Lin Guangchang humbly asked, "All three stocks hit their daily limit. How did you choose these stocks, Joker?"

Many individual investors clearly see the general trend, but they just don't know how to pick stocks.

Leaving aside whether they can pick stocks targeted by speculative investors, they might even pick the wrong stocks based on their performance.

If you trade stocks based on intuition, some naturally gifted traders with a "feel" for the market might be able to make a profit, but most of them lose money.

Zhang Yang also shared his stock selection techniques without reservation: "If you're selecting stocks from the perspective of speculative capital, then of course you should prioritize stocks with a smaller percentage of circulating shares and more trapped retail investors."

"The more retail investors who are trapped, and the longer they are trapped, the more their expected return is to break even. As long as they are close to the break-even point, it is easy to acquire a large number of retail investors' shares."

"In addition, the more retail investors there are, the less likely there are major players with high control over the market, making it easier to drive up prices later."

"Nothing."

Zhang Yang changed the subject and said with a smile, "Large-scale projects like the South-to-North Water Diversion Project are a great test of a company's qualifications. There are basically no companies that meet the expectations of speculative investors, so we can only start from the perspective of retail investors."

"How so?" Liao Guopei also became interested and looked at Zhang Yang, who was in the main seat.

Lin Guangchang: "From the perspective of retail investors?"

"That's right, from the perspective of retail investors, since we want them to come in and take over the shares. Since selecting stocks from the perspective of speculative capital doesn't work, we can try selecting stocks from the perspective of retail investors."

Zhang Yang smiled calmly and continued, "Retail investors like to look at historical highs, then net profit and support levels."

Why look at historical highs?

Lin Guangchang was puzzled.

In his view, historical stock prices are deceptive. Take ST Zhongfangji, a leading company in the textile machinery sector, for example. On its first day of listing on the Shanghai Stock Exchange on August 5, 1992, it saw a 2959.75% increase, with its stock price reaching a high of 171 yuan.

But now?

13.07 yuan.

The price dropped from 171 yuan to 13.07 yuan, a decrease of 92.35%, which is close to a "decapitation".

Is looking at historical stock prices useful?

It's useful, but not much, and needs to be analyzed in conjunction with the direction of listed companies.

Take textile machinery as an example. Germany and Japan use fully automated textile machinery, while China Textile Machinery is still using semi-automatic machinery. Moreover, the precision of its components is far inferior to that of foreign companies. In addition, the market is saturated. Therefore, its stock price is not falling, but rather returning to its value range.

Zhang Yang casually opened the stock market chart and replied to Lin Guangchang, "Perhaps they think that one day the stock price will return to its highest point."

"If you ask me, they probably can't distinguish between undervaluation and reversion to value," Liao Guopei said with a smile.

Lin Guangchang seemed to be deep in thought, muttering to himself, "Historical highs are not very meaningful. Net profits can be fabricated, and support levels can be manipulated. It's really hard for retail investors to make money."

"It's easy for those who know how, but difficult for those who don't. Making money in this market isn't easy, but it's not too difficult either."

Zhang Yang said calmly.

They are speculative investors; they don't need to refer to too many indicators because their capital is their confidence.

However, for individual investors to make money in the stock market, in addition to catching the right trend, they also need to choose the right stocks and be able to endure loneliness to avoid being shaken out by the big players.

In Zhang Yang's view, retail investors don't need to consider too much when choosing stocks. They only need to determine the general direction of the future, then find high-quality companies through balance sheet data, and then quietly wait for the price to rise in order to make a profit.

What do you look for in a balance sheet?
1. Debt ratio.

If the debt ratio exceeds 70%, it means that for every 100 yuan a company has, 70 yuan is borrowed. Excluding highly leveraged companies in the financial and real estate sectors, companies in other sectors need to be especially careful, as they may face debt defaults.

2. Short-term solvency.

If short-term debt repayment ability is weak, the risk of a broken capital chain needs to be guarded against.

3. Accounts receivable as a percentage of revenue.

If a company's accounts receivable exceed 30% for three consecutive years and grow faster than its revenue (e.g., revenue increases by 10% while accounts receivable increase by 30%), it indicates that the company may be artificially inflating its revenue through "credit sales" and has weak collection ability, posing a risk of bad debts.

4. Net assets.

This represents the company's "equity." If the growth rate of net assets is higher than the growth rate of revenue for three consecutive years, it means that the company's profits have not been swallowed up by debt, but have been transformed into equity assets, indicating strong endogenous growth capabilities.

However, if the growth rate of net assets depends on "shareholder capital increases" rather than "accumulation of undistributed profits", it indicates poor earnings quality and that the company is making money through financing rather than through operations.

Only by understanding the balance sheet can one grasp the core of a listed company.

Companies with strong fundamentals may not necessarily see their stock prices rise, but they also won't suddenly plummet; instead, they tend to operate relatively steadily.

The method of stock selection is not based on a single indicator, but rather on a comprehensive analysis of all technical indicators to arrive at the final result.

Of course.

Chasing trending topics is another matter.

For hot stocks, the main indicator is often the amount of capital flowing in; other indicators, including support levels, MACD, and KDJ, are useless.

……

3 pm.

The two major indices have stopped fluctuating.

With the index settling at 3321.56 points, up 1.69%, the trading volume was 2198 billion yuan, down 771 billion yuan from the previous trading day.

The Shenzhen Component Index saw a modest increase of only 1.54%, reaching 13272.53 points, with a turnover of 1081 billion yuan, a decrease of 240 billion yuan.

The trading volume shrank by more than 100 billion yuan in just one trading day, which also reflects that the sharp drop on July 29 trapped a large amount of funds.

Because A-share retail investors tend to buy more as prices fall, believing that as long as the stock isn't delisted, they will break even, trading volume tends to increase rapidly during the first major drop.

Furthermore, the surge in the Shanghai Composite Index suggests that today's leading gainers were index-weighted stocks, which is highly likely due to government funds supporting the market.

The price was repaired on July 29th, revealing a "bull's tail" pattern. Repairs continued on July 30th, and a "dragonfly doji" candlestick pattern was formed, which gave many technically savvy retail investors confidence for tomorrow.

[Little Duck Quack Quack Quack]: The national funds are really powerful! They actually pulled the market into the green, and it's even a dragonfly doji star, a reversal signal. I'd like to see which short seller dares to dump the market now.

[Zhang Ge Loves Stocks]: The market has not only climbed back above the 10-day moving average, but the MACD's DIFF and DEA lines have also converged, indicating that the decline has slowed and the major players are deciding on the direction. As we all know, the A-share market is a policy-driven market. If the authorities don't allow it to fall, would domestic capital dare to dump shares?

[Eating raisins]: It has to be Teacher Da Xiao! With just one sentence, "Li Ming is awesome," he even got the national team off the court. I suspect he's a member of the national team. He's too awesome.

[The Helpless Captain]: Questioning Da Xiao, understanding Da Xiao, and admiring Da Xiao are all experiences that every stock investor goes through.

At this point, the internet had already propelled Li Daxiao to heights that were no longer his own.

Not only were retail investors convinced, but even the employees of Yingda Securities came to Li Daxiao's office at this moment.

"Teacher Da Xiao, do you have some inside information? Why does the stock market surge like crazy every time you call it 'Dawn Bull'?"

"Teacher Da Xiao, could you predict tomorrow's market trend?"

"Teacher Da Xiao, you are amazing! You kept calling for a bull market for two or three months, and it really happened because of your calls. You are my idol."

"Teacher Da Xiao..."

The repeated calls of "Teacher Da Xiao" made Li Da Xiao beam with joy, and he patiently shared his thoughts.

"I definitely don't have any inside information. The reason I believe that A-shares can still rise is because the Chinese stock market has fallen too much and is experiencing an oversold rebound."

As soon as he finished speaking, someone immediately asked, "Will it go up again tomorrow, Mr. Da Xiao?"

“It will definitely go up tomorrow. We must believe in the government’s determination to rescue the market. Let me remind you again, remember to buy good stocks, be a good person, and you will be rewarded,” Li Daxiao said without hesitation.

"I'll remember that, Teacher Da Xiao."

"Buy good stocks, be a good person, and you will be rewarded. We've remembered that."

"What kind of cow will it be tomorrow?"

Suddenly, someone asked the cow.

Li Daxiao thought for a moment and then replied, "Tomorrow is the day of the ox that raises its head. If the ox nods, then naturally the ox will raise its head!"

"Look up, Ox, I understand."

"If Teacher Da Xiao says it's a cow that looks up, then it must be a cow that looks up."

"I trust Teacher Da Xiao."

Surrounded by admirers, Li Daxiao was practically strutting around with his tail between his legs.

As his colleagues left his office one by one, Li Daxiao was preparing to organize client information when the landline phone on his desk suddenly rang.

He picked up the receiver and asked, "Hello, this is Li Daxiao from Yingda Securities."

"Hello Mr. Da Xiao, this is the organizer of the Capital Market Exchange Forum. My surname is Yun, you can call me Manager Yun."

After introducing himself, Manager Yun continued, "We'd like to invite you to be a special guest and chat with investors about the capital market."

"That depends on the schedule."

Li Daxiao did not immediately express his opinion, but wanted to hear the conditions offered by the other party.

Special guests usually have an attendance fee, which in the industry starts at 10 Chinese Yuan per day.

"Our Capital Market Exchange Forum will last for two days. As a special guest, you will receive an appearance fee of 30 yuan. In addition, we have invited two economic experts, Li Yining and Cao Fengqi, as well as the well-known private equity manager Zhao Danyang. We very much hope that you can participate."

Manager Yun adopted a very humble attitude, which showed that he genuinely wanted Li Daxiao to attend the forum.

Li Daxiao may not have the most impressive resume, but he is currently a popular economist in the A-share market with millions of followers.

"Ten years of analysis went unnoticed, but one day of cattle farming brought him worldwide fame"—this perfectly describes Li Daxiao.

Upon hearing that so many big names would be there, and that there was a 30 yuan attendance fee, Li Daxiao thought for a moment and agreed: "Okay, what time this weekend?"

"Both days are in the afternoon, from 2 pm to 5 pm, a total of 6 hours."

"I see."

"Alright, then we won't bother you any longer. We'll be waiting for your arrival."

"Goodbye."

"Goodbye."

As the call ended, Li Daxiao chuckled, "Another 30 yuan made. Money is so easy to earn."

Since he correctly predicted this round of price increases, he has been frequently attending offline events, earning attendance fees of tens or hundreds of thousands of yuan.

The organizers also recognized Li Daxiao's personal traffic value and wanted to attract more attention, especially from advertisers.

……

Friday, September 7st.

This is the last trading day of July 2009, and also the last trading day of this week, making it a significant event.

After yesterday's "fishing rally," Liao Guopei contacted a large number of self-media outlets, asking them to form a traffic matrix and create a positive sentiment.

The South-to-North Water Diversion Project doesn't really need much publicity, because it has been publicized countless times, and it's a national-level project.

In fact, it's perfectly normal for related stocks to rise for projects like this.

The reason is that a rise in stock price is a concrete manifestation of a company's value, and value pricing and speculation are not the same concept.

9 points.

Finance meeting room.

Zhang Yang, Liao Guopei, and Lin Guangchang are ready.

Yesterday, instead of using the "Fuchun Road" seat, they used the Guangfa Securities Hudu Zhonghuan Road branch and the Guoxin Securities Changcheng Xiyou Road branch, two seats that rarely "appear," so they did not cause panic among investors.

"Inform the guy who jumped off the building that the market crashed on September 924th; he knows about it."

Zhang Yang looked at Liao Guopei and said.

"Okay." Liao Guopei replied, then sent a message to Chen Sanrong: "Sell on 924, be quick."

[Jumping-off-building guy]: Received!
At 9:15 a.m., the two major A-share indices fluctuated, with the securities sector, known as the "bull market leader," leading the way with Huaxin Securities jumping 1.39% to 37.74 yuan.

Not only securities, but also banking, real estate, non-ferrous metals, insurance, coal, and all other popular sectors are rising.

Retail investors, seeing this scene, are no less excited than seeing a goddess strip naked; they rush in, eager to catch this bottom.

The South-to-North Water Diversion Project concept stocks also rose along with the broader market.

Zhang Yang, Liao Guopei, and Lin Guangchang used less than 200 million yuan to drive Gezhouba, Anhui Provincial Water Resources and Conch Cement to their daily price limits.

9 points.

9 points.

9 points.

As 9:24 approached, Chen Sanrong, far away in Shenzhen, was so excited that he trembled all over. He never imagined that one day he would actually be "Fuchun Road".

As 9:24:50 arrived, his chips, along with those held by Zhang Yang, Liao Guopei, and Lin Guangchang, were instantly poured out. The sudden drop in stock price caught all the shareholders off guard, and even Wu Yuxuan was stunned on the spot, muttering to himself, "This technique looks so familiar."

next second.

The investors started cursing and swearing.

[Dumb and Dumb]: Which bastard dumped the shares? It was a perfectly good stock that hit the daily limit, and then it was halved in half! I'll fuck your mother!

[Hesitation Leads to Defeat]: Could it be that bastard from Fuchun Road? After being quiet for half a month, he's up to no good again?

[Barbecue]: It shouldn't be Fuchun Road, right? I didn't see him on yesterday's list of top earners.

[Little Meow Meow Meow]: The sudden sell-off at the 924 point was started by him. Regardless of whether it was Fuchun Road that caused the sell-off, we should just curse that bastard.

Upon seeing all the chips traded, Chen Sanrong exclaimed in self-deprecation with excitement, "Is this what it feels like to be an animal? So exhilarating, so thrilling!"

Although not all of his orders were sold at the limit-up price, he still made a profit of nearly 220 million yuan, a rate of return that would have been difficult to achieve quickly in the past.

When he opened the comments section and saw retail investors cursing those who were dumping shares, Chen Sanrong felt no remorse; instead, he felt a little smug.

He took a deep breath, then exhaled heavily, and said with a relieved expression, "I'm just cut out to be an animal."

(End of this chapter)