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

Chapter 186 Air Force Commander VS. Multi-Power Governor: Zhang Yang's Speech Makes Him a Darling of Capital
When the staff handed the microphone to Zhang Yang, his gaze swept over the five "big shots" on the stage. There was no sign of panic in his eyes. Instead, he adjusted to a comfortable sitting posture and calmly and confidently began to talk about the lazy economy.

Anyone who has been to school knows that students who have reviewed their material are never afraid of being checked by the teacher.

"The core of the 'lazy economy' I proposed is not laziness, nor is it about making people lazy, but rather about enabling people to use their time more efficiently."

"For example?"

Li Yining said with some anticipation.

Sitting next to him, Cao Fengqi, Hua Shichang, Shi Bo, and Hu Maoyuan also looked expectant, eager to hear the views and arguments of this "rising star in finance".

The teacher once said: You young people are full of vigor, like the sun at eight or nine o'clock in the morning. Hope is placed on you, and the future of China belongs to you.

Young people may not all have extensive experience, but their imaginative ideas are worth considering for everyone.

Zhang Yang showed no stage fright whatsoever, but instead smiled and asked Li Yining, "Teacher Li, have you ever heard the saying that time treats everyone fairly? Do you think that's true?"

“Hmm…” Li Yining thought about it carefully and replied, “From a macro perspective, it is fair, since everyone only has 24 hours.”

Where is Teacher Cao?

Zhang Yang looked at Cao Fengqi.

“I share his view that, apart from the different methods of distribution, the total amount remains the same,” Cao Fengqi said, glancing at Li Yining.

"What about the other three teachers?" Zhang Yang then looked at Shi Bo, Hu Maoyuan, and Hua Shichang.

Because he wasn't working at a company, bank, or institution, he didn't use any titles, but instead consistently used the word "teacher."

Addressing someone as "teacher" not only shows respect for them but also expresses humility.

“I share the same views as Professor Cao and Professor Li. The total amount is the same, but the way it is distributed is different,” Hu Maoyuan responded first.

Hua Shichang: "Me too."

Shi Bo: "Me too."

Just as the three finished speaking, Zhang Yang immediately chimed in: "I share the same view as you. From a macro perspective, everyone only has 24 hours, but there are differences at the micro level."

"Some people sleep until noon, don't have to go to work, and can do whatever they want. Perhaps they have the idea of ​​going abroad to play in the morning, and they have already boarded a plane in the evening to start their foreign journey."

"But there are also people who work from nine to six, and some even work 12-hour shifts every day. When they get home, they still have to do laundry, cook, sweep and mop the floor, and deal with all sorts of chores. Let alone taking a trip on a whim, they can't even find time to play games or go to the nearby food stalls."

"Why is this happening?"

"The difference lies in how time is managed."

"Talking only about the total amount of time without talking about the disposable time is like the average wage; you'll never know how much you've been averaged out."

At this point, Zhang Yang emphasized his words, his eyes sharp as blades, and looked directly at the five people on the stage, saying: "The people who can freely control their time are ultimately a minority, while the time of most ordinary people is fragmented. The sustainable development of the lazy economy is to integrate fragmented time so that ordinary people can also experience the joy of life."

Zhang Yang's words, sharp and soul-searching, left a small group of people in the audience speechless. What he said seemed to be their daily routine.

Others attend economic forums perhaps to seek wealth opportunities and broaden their horizons.

But the people who keep recording and summarizing are economic analysts from various institutions. They have to go out to work on weekends and then do summary reports at night.

Available time?
It might only be two or three hours a day.

This is still the combined time, because most of the time is very fragmented. You might rest for 15 or 20 minutes, then have to get busy, and then rest for another 10 or 20 minutes.

While some people were bewildered, some venture capital managers seemed to have discovered a blue ocean, and their gazes toward Zhang Yang changed, as if they had seen a money tree.

Anyone who has started a business knows that there are generally two types of business models.

One approach is financing and incubation.

One type is starting a business with your own capital.

All you need to do for financing and incubation is have an idea. You can find venture capital firms or investors, explain the feasibility and potential of your idea, and secure seed funding.

The advantage of financing and incubation is that you don't need to pay for the startup capital yourself; instead, it comes from investors or venture capital firms. The downside is that a large amount of equity is taken away, and you might end up losing out.

Starting a business with your own capital involves investing your own money and then obtaining expansion funds through commercial loans, equity transfers, and performance-based agreements once the business reaches a certain scale. The advantage is that equity is concentrated, but the disadvantage is that it is easy to run into a shortage of funds.

Caiyan.com follows the second model: first, it invests in operations to reach a certain scale and gains bargaining power, then obtains expansion funds through a "betting agreement" with Alibaba.

If you go through the financing and incubation process, you have to give up at least 15% of the equity in the seed round alone. For example, Alibaba's venture capital department tries to get 20-25% equity in the seed round. If you continue to raise funds, going through the angel round, Series A, Series B, and even Series C, the founders are often left with nothing but working for the capital.

……

At this point, Zhang Yang was unaware that his speech had already attracted the attention of venture capitalists, and he continued to share his views.

"Returning to today's topic, China's macroeconomic situation and future prospects."

"From a macro perspective, China's biggest advantage is its demographic dividend. We have the most complete low- and mid-end manufacturing industrial system in Asia, and even in the world."

"As long as the United States and the European Union emerge from the shadow of the subprime mortgage crisis and resume imports of industrial products, given the scale of China's industrial exports, the domestic economy will naturally recover."

"But before that, vigorously developing the domestic demand economy, such as the 'lazy economy,' the internet economy, and the low-carbon economy, are all good choices, especially the internet economy, which can, to some extent, drive the growth of the real economy."

From the "lazy economy" to the macroeconomy, and then from the macroeconomy to the development of the domestic demand economy, many people feel that the leap is huge and some have not reacted yet.

"Not bad." After listening, Hu Maoyuan, Chairman of SAIC Motor, commented: "First, we need to improve our internal strength, then we can improve our external skills. But there's one thing I don't understand, which is how should the 'lazy economy' be developed?"

“I just mentioned fragmented time. Whoever can increase the amount of disposable time for ordinary people can get a piece of this pie.” Zhang Yang didn’t elaborate, but let them think about it themselves.

At this moment, Shi Bo asked in confusion, "I have a question for you, Mr. Zhang. You just said that developing the internet economy can boost the real economy, but I seem to remember someone saying that the development of the internet economy will squeeze out the real economy."

“I’ve also heard this viewpoint. It seems that the emergence of Taobao, JD.com, and Dangdang.com has made it impossible for some physical stores to continue operating,” Hua Shichang echoed.

Faced with the two's "correction," Li Yining and Cao Fengqi looked on with anticipation, wanting to know how Zhang Yang would smooth things over.

However, Zhang Yang remained calm and composed, smiling as he said, "The internet economy is not just online shopping; it also includes games, movies, and music. If we have to talk about online shopping, then the courier companies that are springing up like mushrooms after rain are just a redistribution of the real economy."

When he said that, Hu Maoyuan and the others on stage were completely convinced. No wonder he was able to get a 5000 million yuan investment from Alibaba; his eloquence was truly remarkable.

Sitting next to Zhang Yang, Yang Delong's pupils flashed with surprise. At this moment, he had to admit that the young man in his early twenties next to him was indeed extraordinary. Not only was he not intimidated, but his logical reasoning was also superior. Perhaps this was what genius was all about.

Sitting on the other side, He Jing looked at Zhang Yang with a hint of admiration in her eyes. The reason she liked Zhang Yang was because she liked his way of thinking and logic.

Some people love money.

Some people are attracted to good looks.

Some people love their figure.

But she is different; she likes people with high IQ, high thinking, and high vision.

In her view, appearance and figure are fleeting, and money can be squandered, but intelligence, vision, and mindset can accompany a person for a lifetime.

Bao Xingwei, who was far away in Yanjing, laughed loudly after hearing Zhang Yang's argument: "Well done, as expected of the person I chose. He speaks eloquently. Xiao Cheng, look at those two old guys, Li Yining and Cao Fengqi, they are speechless, hahaha."

“Zhang Yang is indeed very good with words, which is probably why he was able to get a 5000 million yuan investment from Alibaba,” Cheng Hongfa nodded in agreement.

He actually had reservations about Zhang Yang and He Jing.

In Cheng Hongfa's view, Bao Xingwei condescended to accept a disciple, and He Jing refused, but Zhang Yang refused a second time, which shows that he simply doesn't know how to cherish opportunities.

If Bao Xingwei were to take on a disciple, he would agree without hesitation.

Bao Xingwei was in a good mood and said with a smile, "Words are based on thinking. This is called being forward-thinking. I think his idea is very good. I have to go back to my unit to see it another day."

"Gulu..."

Cheng Hongfa swallowed hard.

Return to your original workplace?

Could it be that this old man really thinks Zhang Yang's approach is feasible?
Not only did Bao Xingwei think it was feasible, but netizens watching the live stream were also amazed by Zhang Yang's idea.

[Little Meow Meow Meow]: So this is the redistribution of wealth in the economy? Internet platforms are squeezing out brick-and-mortar stores, but they are also spurring the rapid development of the express delivery industry.

[The Box Has a Monster]: Senior Zhang Yang is amazing! He was no less impressive in a 1v5 situation. It's an honor to have such a talented alumnus!

[Ou Dou Dou Oh]: No wonder the capital market pays special attention to changes in economic data from the US and the EU. It turns out they are focused on the export of industrial goods. Joker is awesome, truly a guardian angel for us retail investors.

[Stopping War is the Way to Martial Arts]: I, Zhang Zihan, wholeheartedly support all of Joker's views. The internet economy is definitely the main theme of the future. Just now, while playing CF, I couldn't resist spending 30 yuan to buy a month's worth of Gatling gun.

[Xiaodaibudai]: If you don't understand, just ask. Is Joker just being arrogant?
[White Sanctuary]: That's right, I'm a die-hard fan of his. I'm going to invest in internet-related stocks next Monday when the market opens, hoping to make some money.

Just as netizens were discussing and agreeing with Zhang Yang's point of view, Li Yining, who had been silent for a long time, suddenly asked: "Which will be the main trend in the future: the lazy economy, the low-carbon economy, or the internet economy?"

"All three."

Zhang Yang explained in a very calm tone: "Just as Teacher Shi said, the low-carbon economy is the key to opening up the EU market. If you want to do business with others, you have to follow their rules."

"The Internet economy can not only generate new industrial chains, but also handle industrial products that are unsold due to insufficient external demand more efficiently."

"The 'lazy economy' will also spawn new industrial chains and create a large number of jobs. The three economic lines are not in conflict. If we have to determine which one wins, then I think the internet economy has more potential and a larger market."

No sooner had Zhang Yang finished speaking than his own financial research website's editorial team had already turned his words into an investment trend indicator.

[Financial News Live Broadcast from Caiyan.com]: Zhang Yang (joker) stated at the Lujiazui Economic Forum that China's recovery of export growth needs to refer to the economic conditions of the United States and the European Union. He believes that the three major directions for future domestic development are the "lazy economy," the internet economy, and the low-carbon economy, and he is particularly optimistic about the future development of the internet economy.

Within half a minute of the notification being sent out, it had already been viewed 3472 times.

Since connecting to Taobao traffic, Caiyuan.com has seen 1.76 new registered users every day, demonstrating a significant traffic-driving effect.

At this moment, user comments kept popping up in the bottom window of the text-based live broadcast.

[Fishing Guy]: The internet economy is definitely the main theme of the future. Before the internet, I was still an innocent young boy. Now, I can tell which teacher it is just by looking at the mosaic.

[The King Sent Me to Patrol the Mountain]: My goodness, Joker is really going to great lengths, specially participating in the economic forum to tell us which directions to invest in in the future.

[Cola Chicken Wings]: This is a real economic expert, not someone like Li Daxiao next door who's frantically shouting about a bull market.

[Xiaoquan Yuanyuan]: There's really no need to praise one and criticize the other. Teacher Daxiao is also very capable. Thanks to his reminder, I was able to double my returns in this round of A-share bull market. Both Joker and Teacher Daxiao are awesome.

[Athlete's abs]: That's right, both of them are very strong. But now the question is, Teacher Da Xiao is still bullish, while Joker continues to be bearish. Who should we believe? That's something to think about.

……

As website users have pointed out, Li Daxiao at the main venue continued to make bullish comments, boosting the confidence of retail investors.

"Regarding domestic capital, let's look at the latest data. Guotai Junan Securities released its first-half report on securities firms last night, which pointed out..."

Listed securities firms benefited significantly from the expansion of their proprietary trading businesses due to increased equity investments, with net profits expected to increase by 5.8% year-on-year in the first half of the year. Among them, leading securities firms such as Huaxin Securities and Haitong Securities saw their investment income increase by over 270% quarter-on-quarter in the second quarter. The net profits of 55 unlisted securities firms increased by 40% year-on-year in the first half of the year, with smaller firms like Huaxi Securities even seeing increases exceeding 1350%.

"Comrades, what does this mean?"

"This shows that while you were afraid of heights, securities firms were still increasing their holdings in the Chinese stock market!"

Upon hearing this, the viewers watching the live stream and the retail investors at the venue were all taken aback, as if they had realized something.

"Holy crap! No wonder the news in June said that institutions were reducing their holdings. It was all fake news. Their goal was to trick us into giving up our shares."

"These institutions are a bunch of animals. They make money secretly and don't even give us retail investors a share."

"Look at Wang Yawei and Zhao Danyang next to Teacher Da Xiao. Their expressions have changed. They definitely didn't expect to have their scheme exposed."

"Damn it, they're beasts. Luckily we have Teacher Da Xiao."

"Buy good stocks, be a good person, and you will be rewarded. Trust Teacher Da Xiao."

The discussions among the audience in the main venue gradually drowned out the discussions on the stage. At this point, Li Daxiao was regarded as a god by retail investors.

Seeing this, Wang Yawei didn't refute it, but instead followed up on Li Daxiao's words, also starting to be bullish on A-shares.

Not only Wang Yawei, but also Zhao Danyang and Liu Jipeng lost their temper, because the emotions of retail investors were too high, and their words could no longer affect the overall situation.

After discussing domestic investment, Li Daxiao then turned to foreign investment, saying, "Let's look at the foreign investment data now."

"Foreign exchange reserves reached 2205 billion yuan in July, approximately 322 billion US dollars, the second highest this year. International hot money is accelerating its inflow into China's stock market through channels such as QFII."

"Data from the Shenzhen Stock Exchange shows that QFIIs saw a net inflow of 17.8 billion yuan into the Shenzhen market that month, while a large domestic insurance company subscribed to 23 billion yuan of stock funds in batches in late July. According to fund flow monitoring by international institutions such as Morgan Stanley and Goldman Sachs, passive funds entered the Chinese stock market with a total of 39 billion US dollars at the end of July."

"Comrades, both domestic and foreign investors are buying. Don't let the cheap shares be snatched up!"

With each sentence, Li Daxiao stirred up the emotions of retail investors, and a large number of stock market investors were eager to make a big splash in the A-share market.

However, in another branch venue, Cao Fengqi looked directly at Zhang Yang and asked a question that all the shareholders were interested in.

"It is said that the stock market is a barometer of the economy. Since the Chinese economy has multiple driving forces, why do you continue to be bearish on A-shares, Mr. Zhang?"

In an instant, everyone else in the room tensed up, their faces filled with anticipation for Zhang Yang's answer.

"Bearish in the short term, bullish in the long term," Zhang Yang replied with only eight words.

It's not advisable to be bearish on A-shares in such a public, offline setting.

A hint of amusement flashed in Li Yining's eyes as she pressed, "Oh? Then why be bearish in the short term? What did you discover?"

Upon hearing this, Bao Xingwei, far away in Yanjing, immediately became agitated and pulled out his phone to call Li Yining. "Beep beep—"

"Hello, the number you dialed is currently switched off. Please try again later."

"It's still switched off?"

He then dialed Cao Fengqi's number.

"Hello, the number you dialed is currently switched off. Please try again later."

Two consecutive phone calls went unanswered, causing Bao Xingwei to frown and say, "I can't say anything bad about the A-share market in public. If someone with ulterior motives seizes on this, it will be disastrous."

No one cares if you're bullish on A-shares, but if you're bearish on A-shares, you could be charged with disrupting the financial market.

Fearing that Zhang Yang might say something wrong, Bao Xingwei quickly called him again.

"Dududu-"

"Hello, the number you dialed is currently unavailable. Please try again later."

The long busy signal made Bao Xingwei extremely anxious, like an ant on a hot pan.

Zhang Yang, who was at the Shangri-La Hotel branch venue, remained calm. As a reborn person with two lifetimes of experience, he could naturally hear the traps set by the other party in his words.

After a brief consideration, he gave a conservative answer: "I have seen the data and believe that there will be a market adjustment in the short term."

"What data?"

"The overall price-to-earnings ratio of A-shares."

"How many?"

"About 30 times."

After stating "about 30 times", Zhang Yang continued, "The dynamic price-to-earnings ratio of A-shares has reached 30 times, which is more than double that of the beginning of the year, while the net profit growth rate of listed companies during the same period was only 12%, and the deviation between price and value has reached a historical high."

"In addition to data, we can also use support levels to analyze the data."

"First look at the MACD. The two lines are converging and the volume is decreasing, which indicates a risk of a trend reversal."

"Looking at the KDJ indicator, the D line is trending downwards, while the K and J lines are trending upwards. It seems like a golden cross is about to form, but it is actually still below the D line. Whether a golden cross can form or not depends on the next trading day."

"The RSI line makes it even clearer; the three lines are converging towards the same point, which also indicates a trend reversal."

Zhang Yang did not mention the issues related to trading volume, credit funds, and the resumption of IPOs, because he knew very well that these were secrets that could not be discussed publicly.

To increase credibility, he added, "Let's use the Fibonacci cycle to calculate whether the A-share market has peaked in the short term."

“在斐波那契数列中的时间周期里，如21、34、55、89、144、233天常被视为趋势可能转折的“窗口”，而2008年10月28号，上证指数触及1664点低点后，开启了一轮强劲反弹，截止到2009年7月24日达到阶段性高点3478点，期间涨幅约109%，持续时间约9个月，大概是270天左右。”

"If the time span is 270 days, it can be broken down into 233 and 34. These are numbers close to 270 days. 233 days is an important medium-to-long-term cycle, and 34 days is a medium-to-short-term cycle. This kind of 'end of the cycle' often means the exhaustion of trend momentum, and the market is prone to reversal or adjustment."

"Finally, we will use the steepness and trend strength of Gann angles to see if there is an overbought condition in the current market."

张扬停顿了数秒，用大脑快速计算数值道：“从1664点到3478点，270天内上涨1814点，平均每天上涨约6.7点，远高于1×1线和2×1线，甚至超过5×1线。”

"This extremely steep trend means that the price increase is far beyond the reasonable range that time can bear, which is an overextended rise, and it will inevitably face the pressure to return to a flatter angle."

Zhang Yang subsequently used two technical indicators. One was the Fibonacci sequence, whose core value lies in the golden ratio derived from it. This ratio is often regarded as a natural equilibrium point in price fluctuations.

Another is Gann angles, whose core principle is "time = price," which measures the strength and balance of a trend by using a fixed ratio of time to price.

Both the Fibonacci sequence and Gann angles are signals for judging whether a short-term top has been reached.

In particular, Gann angles are important indicators for judging overbought and oversold conditions. For example, the steepness of 1×6.7 is far greater than that of the equilibrium level of 1×1, which means a rise of 1 point per day.

……

The combined use of two key data points and five technical indicators surprised viewers of the live stream, prompting them to flood the screen with comments.

"This seems more reliable than Li Daxiao's bullish pronouncements. Could the A-share market really be about to peak in the short term and prepare for a decline?"

"An economic forum, two different perspectives: will A-shares rise or fall?"

"Li Daxiao cited brokerage data to show that domestic and foreign capital continued to enter the market. The 'joker' expert used the overall price-to-earnings ratio, profit growth rate, MACD, KDJ, RSI, Fibonacci sequence and Gann angles to judge the risk. It's too intense!"

"Our teacher Da Xiao talks about unity and oxen, but what does your Joker talk about, bears?"

"I'm a huge fan of the Joker, so I'll name him Polar Bear!"

Why is it called a polar bear?

"Because polar bears can swim and dive, if they really do dive back, it will be a spectacular diving event."

The live stream chat was flooded with comments, obscuring the entire screen.

As the audience has pointed out, at this moment, two different viewpoints have emerged just a wall away from the economic forum.

Li Daxiao retrieves the data.

Zhang Yang also used data.

Zhang Yang used technical indicators to support his claims.

Li Daxiao also stated that the price has risen above the 5-day moving average and trading volume has not decreased, indicating that there is no liquidity crisis.

At this moment, Cao Fengqi and Li Yining on the stage both knew that Zhang Yang had deliberately avoided the most important reason.

Why should we avoid it?

Very simple.

To avoid exposing the national team's financial intentions.

Others may not know, but Zhang Yang is well aware of Xu Xiang's experiences.

Making 50 billion in the stock market is no big deal.

Forming cliques and creating a "Lemon Wave Limit-Up Daredevil Team" of dozens of people is perfectly acceptable.

He founded Zexi Private Equity, engaged in rampant insider trading, and managed to amass hundreds of billions of yuan without any consequences.

But he did the very thing he shouldn't have done: he used the national team's bailout funds to create a false impression of their importance.

To follow?

forget it!
He wanted to live a carefree life for several more decades!
Not only were Li Yining, Cao Fengqi, Hua Shichang, Hu Maoyuan, and Shi Bo fully aware of the situation, but He Jing and Yang Delong also knew what important data Zhang Yang had omitted.

Who dares to mention it?
No one dares to mention it publicly.

Perhaps MACD, RSI, KDJ, Fibonacci sequences, and Gann angles are useless, but they are listed to prove that Zhang Yang is still bearish.

As for who is right and who is wrong, that can only be determined by the A-share market.

……

And at the same time.

the other side.

Eastmoney Headquarters Building.

Chairman Shen Jun's eyes were filled with complex emotions. He never expected Zhang Yang to have such profound knowledge of the stock market, and he also understood why the other party wanted to participate in this economic forum.

Nine words!
To increase one's visibility within the industry!
Why do people want to increase their brand awareness?

The reason is simple: as long as he successfully predicts the decline of A-shares, he can buy some press releases and immediately establish the professionalism of Caiyan.com.

"Fibonacci sequence, Gann angles, are you a professionally trained expert?"

Shen Jun muttered to himself.

He also works in finance, so he naturally knows the role of these technical indicators.

As the saying goes, an expert's move reveals their skill level, and he had already concluded that Zhang Yang was just as adept at finance as he was.

While Shen Jun was watching the live broadcast with a complicated expression, the financial editorial team of Eastmoney was working intensively to "anonymize" Zhang Yang.

"Get it over with! The Times must not contain any mention of Zhang Yang or the Joker!"

"Try to crop the photos to the angle on stage, and avoid showing your flamboyant face!"

"Furthermore, we must extract everything Zhang Yang said completely and precisely, without omitting a single word!"

"Good supervisor."

"receive."

Not only Eastmoney, but also Tonghuashun, Tencent Finance, Baidu Finance, and Sina Finance did not mention Zhang Yang or Joker, but instead used "forum guest" instead.

Is the traffic being diverted to competitors?

Sorry, they can't do that!

While financial websites were engaged in fierce competition, Ma Yun, who was far away in Hangzhou, was also watching the live broadcast after being reminded by others.

Witnessing Zhang Yang's speech, he couldn't help but exclaim repeatedly, "A genius in macroeconomics, microeconomics, and stock market economics, it would be a waste if he couldn't be put to my use."

Ma Yun is someone who values ​​talent; he is willing to spend hundreds of millions, or even billions, to recruit talent.

Because he understands very well that success depends on people, not the company itself. Without talented people to control the direction of development, even the largest company will go bankrupt one day.

"How can I make him lose the bet?" Ma Yun murmured to himself. He desperately wanted Zhang Yang, this formidable general. If the other party lost the bet, perhaps he could bring him under his command.

at the same time.

A courtyard house in Yanjing.

Upon hearing Zhang Yang's account, Bao Xingwei looked at Cheng Hongfa and said, "See? That's what it means to know one's limits. That's shrewdness hidden in one's bones."

"Um... I don't quite understand." Cheng Hongfa wasn't formally trained in finance, so he had no idea why Bao Xingwei was saying that.

Bao Xingwei glanced at him and explained, "Zhang Yang couldn't possibly not know which funds were dumping the shares, but he deliberately chose not to say it. Instead, he used technical indicators to judge the decline in A-shares. That's his cleverness."

“If you speak out and disrupt the existing trend, it’s easy to offend people.”

Cheng Hongfa considered it carefully, then asked uncertainly, "Mr. Bao, are you saying that the across-the-board plunge in A-shares on July 29th was orchestrated by the national team?"

"Only they could be the ones relentlessly attacking banks. I now estimate that they've realized the support below is too weak and are trying to create a double top pattern."

Bao Xingwei revealed the secret.

"So that's how it is. No wonder Zhang Yang said he was going to invest in stocks. He really does have some skills," Cheng Hongfa remarked.

"and many more!"

Bao Xingwei suddenly realized something and asked, "Right, isn't he a stock trader? Why is he suddenly starting a financial website?"

"Is it possible that he made money from stock trading and then started a financial website?" Cheng Hongfa asked tentatively.

"possible."

Bao Xingwei nodded.

After observing for so long, he was well aware of Zhang Yang's talent in trading; he was definitely capable of becoming a top-tier speculative investor.

"This kid probably has some secrets. See if you can find out."

"Okay, Mr. Bao."

Bao Xingwei only just realized that Zhang Yang's reason for rejecting him was that he was a speculative investor. If the other party had really become a speculative investor, then he would definitely have left traces.

Thinking of this, he couldn't help but laugh and say, "I'd like to see how well you've been hiding your true intentions."

……

As dusk fell, a soft orange hue spread across the sky, and the August 1st economic forum's discussions on the economy and stock market quietly came to an end.

The moment Zhang Yang stood up, Yang Delong quickly invited, "It's getting late, Mr. Zhang. Why don't we have dinner together before you go?"

Before Zhang Yang could speak, a middle-aged man in a tailored suit and black-rimmed glasses approached and quickly handed over his hand, saying, "Hello, Mr. Zhang, I am a manager at Sequoia Capital. I am very interested in the 'lazy economy' you mentioned. Could we schedule a time to talk about it?"

"Mr. Zhang, this is Shenzhen Innovation Investment. We are also very interested in your ideas. Can we exchange business cards and schedule a time to discuss this further?"

"We at Softbank SAIF are also very interested. We hope Mr. Zhang can give us a chance. There is definitely no problem with funding."

"Hello Mr. Zhang, this is Legend Capital..."

Before he knew it, Zhang Yang was surrounded by people. Without exception, they were all venture capital firms and investors interested in the concept of the "lazy economy" and wanted to share this pie with Zhang Yang.

(End of this chapter)