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

Chapter 187 Capital is stirring, Zhang Yang and Li Daxiao are completely at odds.

As business cards bearing information about insurance companies were handed to Zhang Yang, He Jing, standing to the side, finally grasped the meaning of the phrase, "Resources will concentrate upwards, and money will flow to groups that don't lack money."

When I was in college, Professor Wang Xingbang mentioned this sentence several times. Many students only had a general idea of ​​it, but no clear understanding of it.

Today, He Jing understands the meaning of this statement and the lag in education.

Although Zhang Yang was still considered to be in the "money-deficient group" at this time, Alibaba's investment and the emergence of Caiyan.com in the financial website field had given him more influence than ordinary people, and various venture capital firms would repeatedly consider his ideas.

If you were a manager at a venture capital firm and someone proposed installing an elevator to the summit of Mount Everest and wanted to secure funding, your first reaction would probably be: Is this person an idiot?

But what if the person who came up with the idea was Ma Yun, Ma Huateng, or Wang Jianlin?
Considering the other party's status and strategic vision, even if you feel it's highly unlikely, you will likely repeatedly assess the feasibility of the matter. This is the difference brought about by status and position.

This is also why social resources tend to concentrate in one place.

At this time, risk managers from Sequoia Capital, Softbank China Venture Capital, Shenzhen Capital Group, and Legend Capital, which has a background in the "Taishan Club," were vying to exchange business cards with Zhang Yang, hoping to invest in the seed round of the "lazy economy."

Not only insurance funds, but also some private equity funds and investors came to Zhang Yang, exchanging business cards or phone numbers.

When dealing with capital, the most important thing is to make the other party see your value, thereby attracting resources to gather.

Realizing one's own value is not limited to dealing with capital, but rather to the adult world, which is essentially about the exchange of value.

"What do I want from you, and what do you want from me?" This is the essence of adult social interaction.

Not wanting anything?

This is simply impossible!

Even in downward social interactions, where you meet up with fair-weather friends, there is an exchange of emotional and monetary value.

Zhang Yang stuffed business cards into his pockets one by one, and those without business cards exchanged phone numbers. After a dozen or twenty people had passed by, the crowd surrounding Zhang Yang gradually dispersed.

"Mr. Zhang, let's talk again. I will definitely visit your company when I have time."

Gong Xu said with a smile.

He is a direct descendant of the Gong family and belongs to the "Tujia" type of investor.

China is a vast country with abundant resources. Tujia people exist in every city and county. They may have limited abilities in other places, but in their local areas, resources are often concentrated in their hands.

"Talk to you later."

Zhang Yang responded politely.

After the crowd dispersed, Li Yining and Cao Fengqi, two leading economists, came to Zhang Yang and exclaimed in admiration.

"You know what, we just re-evaluated the three-pronged economic development model, and it really does complement each other and work."

"No wonder Zhao Yanfeng and Xiong Xinghuai often mention you, saying that you are indeed quite capable and have a deep understanding of macroeconomics."

Seeing is believing. At first, they didn't take it seriously, thinking that no matter how capable Zhang Yang was, he was just an undergraduate student. They believed that Bao Xingwei, Zhao Yanfeng, and Xiong Xinghuai had their eyes on the other's potential.

However, as they got to know each other better, Li Yining and Cao Fengqi had to admit that Zhang Yang was far superior to their economics PhD students in terms of macroeconomics and China's economic development. In fact, it was like comparing the moon to the stars.

As soon as he finished speaking, Hu Maoyuan, chairman of SAIC Motor, looked at Zhang Yang and invited him, "It's almost lunchtime. The food at this hotel is quite good. Mr. Zhang, why don't we have a meal together?"

“Yes, the Shangri-La Hotel also has Cantonese chefs, which will definitely suit Mr. Zhang’s taste,” Yang Delong quickly chimed in.

"Then it's better to be respectful than to obey."

Zhang Yang nodded.

He originally wanted to have a meal with Li Yining and Cao Fengqi, two giants in economics, to build his network of contacts.

With Hu Maoyuan organizing the gathering, it couldn't be more perfect.

Seeing Zhang Yang's response, Li Yining laughed and said, "We'll continue our discussion on economics later."

Cao Fengqi also smiled and said, "We need to explore in depth the internal and external roles of the third-line economic main line."

"Please come this way."

Hu Maoyuan gestured for him to proceed.

Despite being the chairman of SAIC Motor, a position second only to the emperor, he was reduced to a mere "drinking companion" in the presence of economic giants Li Yining and Cao Fengqi.

This is because both Li Yining and Cao Fengqi have backgrounds in the national financial think tank and were key participants in China's shareholding system reform and capital market development.

To put it bluntly, these two old men are the ones who set the rules.

Led by Hu Maoyuan, Zhang Yang, He Jing, Yang Delong, Li Yining, and Cao Fengqi left the branch venue and headed to a private room at the Shangri-La Hotel.

What the others didn't notice was that Wang Yawei, who had just walked out of the main venue, glanced around and happened to see He Jing.

He froze for half a second. Liu Jipeng, who was with him, didn't know what had happened and asked, "What's wrong?"

"Are those Li Yining and Professor Cao Fengqi?" Wang Yawei asked, somewhat uncertainly.

There have long been rumors at China Asset Management that He Jing has powerful connections, and even her manager, Lin Weiguo, has to curry favor with her.

At first, he didn't believe it because he had checked He Jing's file and found that she came from an ordinary teacher's family. What kind of relationship could she have?

just now…

He was starting to believe it.

Liu Jipeng looked up and confirmed, "It's definitely Professor Li and Professor Cao. The person next to them should be Hu Maoyuan, the chairman of SAIC Motor. As for the man and woman next to them, I don't know."

He had seen the guest list for the sub-venue and could roughly deduce their identities.

"What's wrong?" Liu Jipeng asked again.

"It's nothing, I must have seen wrong. The girl next to me looks familiar."

As soon as Wang Yawei finished speaking, Liu Jipeng also felt that the young man walking alongside Li Yining, Cao Fengqi, and Hu Maoyuan looked familiar, but he could only see his back and couldn't make a judgment.

"Would you two like to have dinner together?"

Zhao Danyang, the top private equity investor, appeared quietly behind the two of them at some unknown time.

He appeared to be inviting two people, but his real target was Wang Yawei.

"Let's have a meal together and discuss how to strategize for this bull market," Li Daxiao said with a smile, sitting next to Zhao Danyang.

The financial circle is small, but for those inside it, it is very large, so large that everyone has their own small financial circle.

……

While Zhang Yang was having dinner with two economic giants, Li Yining and Cao Fengqi, Liu Hua, who was far away at Hongyue Investment, received a call from his friend, Ma Junhui, the boss of Qiming Venture Partners.

"Hey Junhui, what brings you here?"

"Is Lao Liu still in Hangzhou?"

"Yes, I'm busy with the hotel business."

Seeing that the other party was still in Hangzhou, Ma Junhui didn't mince words and said bluntly, "Stop messing around with your shabby hotel, a big opportunity is coming."

What trend is it?

Liu Hua was puzzled.

"You know Zhang Yang, right? I saw you two seemed quite familiar with each other at the last Zhejiang businessmen's dinner," Ma Junhui asked tentatively.

"I'd say we're friends."

Liu Hua answered.

Seeing that Liu Hua really knew Zhang Yang and that they were friends, Ma Junhui immediately got straight to the point: "Your friend is no ordinary person. Just now at the Economic Forum in Lujiazui, he talked a lot about how to develop the economy and proposed something called the 'lazy economy,' which has attracted a lot of venture capital."

"I called you because I was thinking, could you organize a meeting and try to win him over?"

"..."

Liu Hua was silent for a moment, then said, "You mean, what he said at the economic forum is a barometer of the future?"

"Yes."

Ma Junhui nodded.

"What kind of capital is interested in participating?" Liu Hua asked again.

He was very curious about which types of capital would be involved to alarm Ma Junhui.

"Let's not even talk about Sequoia Capital. You know Legend Capital from Taishan Club, right? Their manager has already exchanged business cards with Zhang Yang. I really think the lazy economy has potential."

Ma Junhui's tone was urgent; he saw an opportunity to grow his wealth, but all he lacked was a "guide."

Many people fail to get things done because they don't know how to find a middleman to act as a bridge.

Why do we need to find a middleman to get things done?

Suppose B asks A for a favor, but A doesn't know B. Even if B offers A a lot of Moutai, A wouldn't dare accept it because they're not familiar with each other.

However, if B approaches C first, and C and A know each other, then C is not only the middleman but also the guarantor between the two.

Having worked his way up through the ranks for many years, Ma Junhui naturally understands the importance of middlemen.

Recalling the last Zhejiang businessmen's dinner, Zhang Yang and Liu Hua not only had a pleasant conversation, but also attended a follow-up dinner together. He thought that if he asked Liu Hua to intervene, he might be able to secure the project.

Upon hearing the name "Taishan Club," Liu Hua instantly realized that this so-called "lazy economy" might actually be worth getting involved in.

I'll contact him later.

"Okay, I'll leave it to you."

"Haha, we're brothers."

As the call ended, Liu Hua placed her phone on the table and muttered to herself, "The Taishan Club's Junlian Capital? Interesting."

What is the Taishan Club?
The so-called Taishan Club is a circle for Chinese entrepreneurs to exchange ideas.

Shi Yuzhu of Giant Group, Li Yanhong of Baidu, and Ma Yun of Alibaba are all members of the Taishan Club.

The Taishan Club was proposed by Liu Chuanzhi, chairman of Lenovo Group.

It is no exaggeration to say that the Taishan Club is the top circle of China's private economy. They have an extremely keen sense of trends and often invest resources to complete their layout before ordinary people can even react.

Besides the Taishan Club, businessmen in various regions have their own circles, but if we're talking about who can secure second place and compete for first, then the Chaoshan business circle, with Li Ka-shing and Ma Huateng, is definitely on the list.

……

As night falls, the city lights begin to illuminate the scene.

As Shanghai was shrouded in darkness, wealthy young men drove their top-of-the-line supercars, each with a hot female passenger, and began to speed through the streets, the air thick with the scent of burning money.

It has been said that Shanghai during the day belongs to everyone; it has a certain inclusiveness.

But at night, four words float on the Huangpu River illuminated by building lights: "Poor people, do not disturb."

At the Shangri-La Hotel.

VIP private room.

Inside the opulent private room, Zhang Yang had no more inhibitions, because the setting had changed from a public place to a private one.

He spoke at length about the reasons for the decline in A-shares and offered sharp commentary on the obstacles to China's economy, which drew nods of approval from Li Yining and Cao Fengqi.

While expressing his admiration, Hu Maoyuan humbly asked, "If SAIC Motor wants to catch the fast train of economic development, what should it do?"

"Should we use a diplomatic approach or a military one?"

Zhang Yang laughed.

The text suggests leaving room for interpretation and implies the main point.

Wu said he left no room for criticism, offering sharp and incisive commentary.

After listening to Zhang Yang's second analysis of the macroeconomy and A-shares, Hu Maoyuan trusted the young man's abilities and humbly asked, "Please speak freely."

"Then I'll have to say it."

Zhang Yang smiled faintly.

Hu Maoyuan: "Speak."

"SAIC Motor, including most domestic car companies at present, are essentially agents of foreign car companies and have no core technology."

When Zhang Yang uttered those words, the private room fell into a deathly silence, and the temperature seemed to drop several degrees.

Yang Delong, and even Li Yining and Cao Fengqi, looked surprised. They didn't expect Zhang Yang to be so blunt, exposing the true nature of domestic car companies in his very first sentence.

Seeing Hu Maoyuan's embarrassed expression, He Jing nudged Zhang Yang's leg with her knee, reminding him to be careful.

However, Zhang Yang seemed oblivious and continued his sharp commentary: "I know these words are a bit harsh, but of course, Mr. Hu, you can also argue that introducing foreign car companies allows us to learn their advanced car manufacturing technologies."

Hu Maoyuan: "..."

silence.

silence.

It felt like entering a library.

Joint ventures between Chinese and foreign automakers can only teach them the basics. They can't learn anything about key components like engines and transmissions. They can't even imitate the huge amount of technical patents that Germany, Japan, and the United States have.

Even disregarding the engine and transmission, just looking at the chassis tuning alone, domestic cars simply can't compare to European cars.

A car with poor chassis tuning can easily cause motion sickness and vomiting.

This is why, in 2009, the used car market generally didn't want domestically produced cars, or rather, no one wanted domestically produced used cars.

SAIC Motor is now essentially the domestic distributor for Volkswagen, General Motors, and Fiat.

The government's purpose in facilitating joint ventures among car companies is to clearly recognize that domestically produced cars are far inferior to foreign cars, but the automotive market cannot be left undeveloped. So, a joint venture model was created, where foreign companies take half of the profits, and the rest stays in China.

After a silence of more than ten seconds, Hu Maoyuan asked, "How do we break this deadlock?"

Zhang Yang took a leisurely sip of wine, put down his glass, and said, "The 'Detailed Rules for the New Plan for the Revitalization of Ten Major Industries and the Dual-Wheel of Consumption and Investment' in May mentioned automobiles, and the answer is at the end. Considering that President Hu may not pay attention to these things, I will just say it directly: the country advocates the development of new energy vehicles to bypass patent barriers."

China's technological breakthroughs have never been sudden, but rather the result of five-year and ten-year plans implemented step by step.

As a reborn individual, he knew that ten years later, China would be far ahead of Germany, the United States, and Japan in the field of new energy vehicles, even forcing these countries to use high tariffs to ensure the survival of their domestic car companies.

Zhang Yang initially thought that new energy vehicles might be a product of the five-year plan.

But it wasn't until he had studied a large number of policy documents and market research reports that he finally found the shadow of new energy vehicles in the "Detailed Rules of the New Plan for the Revitalization of Ten Major Industries and the Dual-Wheel Drive of Consumption and Investment" document from May 2009.

5 years?
No, this is a move that spans 10 years!

Why should we pay attention to CCTV's "News Broadcast" and understand the contents of policy documents? Because the secrets to wealth in investing are hidden in these planning documents.

The grains of sand of the times fall on individuals, a weight no one can bear.

However, as long as one keeps up with the opportunities of the times, it is entirely possible to achieve a life of wealth and luxury, without worrying about food or clothing.

"I got it."

Hu Maoyuan nodded slightly, his eyes serious.

At this point, he discovered an extremely serious problem: no one at SAIC Motor had mentioned this document to him.

If Zhang Yang hadn't told him, he wouldn't have known at all.

Li Yining and Cao Fengqi also sensed something amiss. They exchanged a glance and subtly reminded Hu Maoyuan, "There's a reason why Brother Zhang has succeeded; he can recite policy documents from memory."

"Indeed."

Faced with their praise, Zhang Yang smiled modestly and said, "Starting a business in China is all about following the country's lead. If you don't understand it, you're likely to suffer losses."

His words also served as a reminder to Hu Maoyuan to investigate the company's internal problems.

It was obvious to anyone with eyes that Hu Maoyuan, chairman of SAIC Motor, was extremely surprised when he heard about new energy vehicles, clearly indicating that he was unaware of their existence.

"Indeed, come on, let's have a drink."

"Cheers, cheers."

As soon as Li Yining finished speaking, Yang Delong shouted, and the others raised their glasses and drank them down in one gulp after a brief gesture.

After putting down his glass and sorting things out, Hu Maoyuan looked at Zhang Yang and said, "I've had a very fruitful night, Mr. Zhang. Let me toast you."

The moment he uttered the word "respect," a faint smile appeared on Zhang Yang's lips as he quickly smoothed things over, saying, "President Hu is a senior, and it is only right that I, as a junior, should show you respect."

……

The dinner party quietly came to an end amidst the clinking of glasses, and Zhang Yang not only successfully connected with Hu Maoyuan, chairman of SAIC Motor, but also exchanged phone numbers with Li Yining and Cao Fengqi. These were all connections he had built up.

Because they had been drinking, Zhang Yang and He Jing didn't plan to return to the talent apartment, but instead stayed overnight at the Shangri-La Hotel.

After checking into the suite, Zhang Yang sat down on the sofa in the living room, took out his phone from his pocket, and then noticed several missed calls.

One is Bao Xingwei's.

One is Liu Hua's.

Tao Yuang and Xu Zhirou also called him in the evening.

"So many missed calls."

Zhang Yang muttered to himself.

Because he was attending an economic forum, he put his phone on silent mode. Afterwards, he had dinner with Li Yining, Cao Fengqi, Hu Maoyuan, and others, so he didn't have time to look at his phone at all.

After glancing at the missed call history, Zhang Yang first called Bao Xingwei back.

"Dududu-"

After several busy tones, the call was connected.

"I'm sorry, Mr. Bao, I put my phone on silent mode. I just finished my work and only then did I notice that you called me."

While expressing his apology, Zhang Yang also explained the reasons.

"I know, it's the Economic Forum. I watched your live stream. Did you just finish having dinner with those two old guys, Li Yining and Cao Fengqi?"

Zhang Yang: "..."

As soon as Bao Xingwei finished speaking, Zhang Yang couldn't help but think to himself: Are all the elderly people these days so up-to-date? Do they like surfing the internet now?

Despite his感慨 (feelings of deep emotion), he quickly replied, "Yes, I just finished eating."

"They didn't make things difficult for you, did they?"

"This is not."

"That's good. You did well at the economic forum today, but you need to be careful to avoid sensitive topics. There are some things that we should keep to ourselves and not talk about publicly."

Blindly praising A-shares won't cause any problems, but publicly pessimistic about A-shares could lead to trouble.

"Yes, Mr. Bao, I will know my limits." Zhang Yang nodded in response.

"Yes, you can participate in more forums like this in the future. Networking within the industry is very important, you understand what I mean?"

Bao Xingwei inquired.

Zhang Yang: "I understand."

In the financial world, connections are essentially money networks; you can think of them as walking Chinese currency.

Why are securities professionals prohibited from investing in the stock market?
The reason is simple: they have access to a lot of inside information.

However, securities professionals are not criminals. When they go out, they may share insider information they know.

Whether it's speculative capital or private equity firms, as long as their returns are high, they must have insider information.

……

After hanging up with Bao Xingwei, Zhang Yang called Xu Zhirou and Tao Yuang back to ask what they wanted.

Xu Zhirou kept it brief, telling Zhang Yang the good news that Caiyan.com had surpassed 60 registered users, but she also brought bad news: the data from Tonghuashun was malfunctioning, suggesting data incompatibility.

Fortunately, Caiyan.com has a backup database, but the downside is that the backup database only covers A-shares and Hong Kong stocks, and data on foreign stock markets still needs to be entered.

Zhang Yang did not panic upon hearing the bad news. Instead, he instructed Xu Zhirou to contact the legal team and send an inquiry letter to Tonghuashun.

He had anticipated the data issues. The moment he received 5000 million yuan in funding from Alibaba, he had already assembled a data team. However, the global stock market data was too massive, and the data entry process took a long time.

After resolving the matter reported by Xu Zhirou, Tao Yuang's matter became much simpler.

The other party had read the financial news and learned that Zhang Yang was bearish on the short-term A-share market, so they called specifically to ask about the details.

This Saturday might be a relaxing and pleasant one for others.

But for Tao Yuang, it was pure torture, a period that ruined his kidneys.

Since Zhang Yang hadn't informed him which stock to trade, Tao Yuang still had no choice but to succumb to Ou Guiyan's charms.

Just an hour before Zhang Yang returned the call, Tao Yuang was still drinking "Old Yanjing Douzhi" (a type of fermented soybean juice), and he had to sip it while drinking.

"Let's see how things go next week. I estimate a pullback could come at any time. You can reduce or adjust your positions within your manageable range."

Zhang Yang remains bearish.

He had originally planned to observe the market trends next week before informing Tao Yuang, but since the other party had called, he decided to take the opportunity to tell him.

"Should the weights be adjusted?"

Tao Yuang inquired.

Zhang Yang: "The blue-chip stocks that haven't risen much in this round should see smaller declines."

The index surge in June and July was driven by sectors such as banking, securities, oil, coal, and non-ferrous metals.

Especially for banks, if Tao Yuang gets involved, he will most likely suffer the full extent of the decline.

"I understand."

Tao Yuang nodded in response.

"I have other things to do here, so please proceed with caution," Zhang Yang instructed.

Tao Yuang: "Okay."

"Then I'll hang up."

"Bye-Bye."

"Talk to you later."

Zhang Yang immediately hung up the phone, then found Liu Hua's number and pressed the dial button.

"Dududu-"

The call was answered shortly after.

"Hey, Brother Zhang."

Upon hearing the other person's voice, Zhang Yang immediately said apologetically, "I'm sorry, Mr. Liu, I was just attending a dinner party and my phone was on silent, so I didn't answer your call in time."

"Hey, we're all family, it doesn't matter whether I pick you up early or late." Liu Hua didn't mean to blame her, but instead tried to get closer to her.

Zhang Yang knew that Liu Hua must have something to ask him, so he simply asked, "Mr. Liu, is there something you need from me?"

"Are you free recently? A friend of mine said he'd like to have a meal with you and talk about the 'lazy economy'," Liu Hua said frankly.

The "lazy economy"?

Without a doubt, it must be an insurance company.

Not many people know about the relationship between Zhang Yang and Liu Hua. They are most likely people from the Zhejiang businessmen's banquet, since their relationship was exposed once.

"I'm free in the evenings lately, where is the place?" Zhang Yang asked.

"Alright, you focus on the economic forum first. The dinner isn't urgent; we can talk about it in a couple of days," Liu Hua said indirectly.

"No problem, just send me the time and address, and I'll definitely be there."

Zhang Yang said with a smile.

He still owed Liu a favor, so it was impossible for him to refuse the invitation. Reciprocity and the exchange of favors are the foundation of business relationships.

"OK."

"That…"

"correct."

Just as Zhang Yang was about to hang up, Liu Hua remembered something else.

Zhang Yang looked at He Jing, who was kneeling in front of him, puffing on cigarettes. She had changed into the hotel's black stockings and attack speed set.

Liu Hua didn't know what Zhang Yang was doing, but when she mentioned Sun Guodong, she said, "Sun Yiheng has a distant relative named Sun Guodong. He seems to be quite famous in your speculative investment circle. What's his name again? He's from the Ningbo Limit-Up Daredevil Team."

"What's up with him?"

Zhang Yang's attention instantly focused.

"He asked Sun Yiheng whether Fuchun Road was my front man."

"What do you have to say, Mr. Liu?"

"I certainly can't tell the truth and admit that I was the front man."

When Liu Hua said this, Zhang Yang's mind raced, and a sudden inspiration struck him. He first thanked her, saying, "Thank you, President Liu. I owe you another favor. The reputation of the Fuchun Road seat is indeed a bit bad. If we can avoid exposing it, we should try our best to avoid it."

"Haha, I've looked into it too. Making money isn't shameful," Liu Hua laughed.

It smells a bit bad?
It's more than just a little!
Its reputation is practically that of a cesspool!

Liu Hua initially dismissed it, but after learning more about it, he realized just how unethical Zhang Yang's actions were!

But as he said, when it comes to making money, there's no such thing as being shameless!

"Well, Mr. Liu, there's one more thing. I'll be putting someone in the blame, and you'd better cooperate and clear my name. You know, if I expose this, it might have some impact on Caiyan.com."

"Tell me how to do it, and I'll do it. Don't worry, Brother Zhang."

"Thank you, Mr. Liu."

"Don't call me President Liu anymore, call me Brother Liu, let's address each other as brothers."

"Brother Xingliu, I'm counting on you for this."

"no problem."

Without a second thought, Liu Hua agreed immediately. Zhang Yang was already a useful connection to him.

Putting aside the issue of the "lazy economy," Zhang Yang's network of connections alone is enough to solve many problems for him.

After hanging up the phone, Zhang Yang closed his eyes and carefully felt the waves of pleasure that crashed over him.

Meanwhile, Liu Hua turned around and called Ma Junhui.

"Hey Lao Liu, has the deal been settled?"

Ma Junhui had already guessed it.

"Of course, I'll handle it. Organizing a gathering is a piece of cake. You just need to set the time, and I'll pass it on to Zhang Yang."

Liu Hua responded.

"Okay, Lao Liu, let me see which day is auspicious. You've really helped me a lot this time." Ma Junhui's words were filled with gratitude. He was eager to advance and wanted to ride the wave of China's development.

"We should help each other out. By the way, you'll have to help me with the transportation line for the Jinxi coal mine."

"no problem."

"Then I'll hang up now."

……

The next day, February 8th.

The Economic Forum was held in the afternoon as usual. Just like yesterday, Li Daxiao was in the main venue advocating for a bull market, while Zhang Yang was in a breakout session, discussing China's future economic development with Li Yining and Cao Fengqi.

Due to the previous day's short-term bearish outlook, many of Li Daxiao's fans went to the "Stock Market Community" on Caiyan.com to leave messages.

[Da Xiao is a God]: I heard that the founder of this website, Zhang Yang, is bearish on A-shares. I seriously suspect that he is a spy, trying to undermine our Chinese stock market so that funds will go to buy US stocks.

[Loves Driving Rolls-Royces]: If the A-shares market rises tomorrow, Caiyan.com should probably shut down. People with no talent don't deserve to run a financial website!

[Jianghu Yiye]: Hahaha, am I the only one who noticed that Zhang Yang, the founder of Caiyan.com, has the ID "joker"? Pure clown!
While Li Daxiao's fans were "attacking" Caiyan.com, Zhang Yang's accumulated fans also began to fight back one after another.

[DouDouBecomesAGod]: To this day, I still can't understand why Li Daxiao can have so many fans. He's mindlessly raising cattle, isn't he raising you cattle?
[White Sanctuary]: It would be hilarious if a thousand stocks hit their daily limit down tomorrow. I suggest Li Daxiao name it "Limit-Down Bull," because even if A-shares hit their daily limit down, they're still bullish!

[Pigsy Journey to the West Second Brother]: Hahaha, a bull market hitting the daily limit down, you understand Li Daxiao!

[Coca-Cola]: Actually, anyone with a brain knows that this round is a recovery, not the bull market that Li Daxiao is talking about. The bull market itself is already here.

The conflicting accounts from both sides' fans have attracted a large number of onlookers.

The hashtag "#BullGovernorLiDaxiaoVSAirForceCommanderJoker" also made it onto Weibo's financial hot list, attracting a large number of retail investors.

Seeing the potential for increased traffic, many marketing accounts have also jumped on the bandwagon to capitalize on it.

Shocking! Joker, founder of Caiyan.com (real name Zhang Yang), predicted a short-term peak in A-shares at an economic forum, while Li Daxiao continued to advocate for a united bull market. Who is right and who is wrong?

"Joker, a well-known investor, is bearish, while Li Daxiao is strongly bullish. Will A-shares stage a reversal next week? Let's wait and see!"

Li Daxiao's unspeakable secret: Will A-shares see a reversal next week? Listen to our exclusive insider scoop!

With fans fanning the flames and marketing accounts stirring up trouble, Zhang Yang was inexplicably given the title of "Air Force Commander".

Looking at all the market research reports from securities firms and the vast majority of market analysts, they all believe that the upward trend is likely to continue next week.

Why did they make this judgment?
For three consecutive days, the banking, oil, securities, and coal sectors have been the main drivers of the market rally, clearly indicating the involvement of state-backed funds.

The A-share market is a policy-driven market. If the authorities don't allow it to fall, who can drive it down?

It is precisely because of the fact that government funds have been supporting the market for three consecutive days that brokerage research reports, bloggers, and market analysts all believe that government funds will not be wasted.

If it's falling, why would it rebound?
There's absolutely no need for that!
While the internet was in an uproar, pushing Zhang Yang and Li Daxiao to opposite sides, the two "real figures" were still in the hotel conference hall, taking a group photo to commemorate the successful conclusion of the economic forum, arranged by the organizers.

(End of this chapter)