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

Chapter 191: Institutions dump 1 million shares; "Liu, Guan, and Zhang" switch seats on Fuchun Road.
[Named Ji Bochang]: Is it finally going to rise? I knew the interim report would be good news, but a bunch of clueless retail investors said it was bad news. It's hilarious!
[Diary of Chunshan]: The hype surrounding Haitong Foods is Yijing Optoelectronics' backdoor listing. If it weren't for a last resort, who would sell their own shell? Therefore, the better Haitong Foods' performance, the worse it is. Similarly, turning a profit into a loss would be a major positive and could drive up expectations of a backdoor listing.

[Loves Indulgent Meals]: Doesn't that mean Haitong Foods is 100% going to be acquired through a reverse takeover? No way, I have to buy a couple of lots to hold.

[WoWo's Stock Trading Diary]: Holy crap, after hearing everyone say that, Haitong Foods is a huge positive! I even sold my shares at a loss this morning.

When three unusual orders of 1000 million were placed, they instantly attracted the attention of a large number of retail investors, who quickly opened Haitong Foods' intraday chart to study its speculative potential.

Just as retail investors have pointed out, listed companies that are hyped up by the expectation of backdoor listings must not have better quarterly performance; their performance can only get worse, otherwise it will conflict with the hype.

For example, a listed company is like a home. Unless there is a major event and an urgent need for money, who would sell their home?

Short of money, sell the house.

I have enough money, and I won't sell my house.

This is about looking at data dialectically to determine whether it's good or bad news.

Many retail investors lose money in the stock market because they don't even understand the key points of capital speculation. They just blindly buy in, only to find that the stock price keeps falling and breaking through support levels. Only then do they start to think about why the stock price is falling even though the company's profits have improved.

Of course.

There is another type of retail investor.

When faced with this situation, they won't think about the reasons for the decline; instead, they'll just blurt out: "I've been tricked by capital!"
The influx of retail investors pushed Haitong Foods to its daily limit of 8.89 yuan.

Just as retail investors were feeling smug, thinking they had caught a ride on a fast track, Su Jing, the fund manager of the "Huitianfu Balanced Growth Stock Fund," put the phone receiver back on the landline.

His eyes were cold, like the calm before a volcano about to erupt, a brief moment of tranquility before disaster strikes.

"Whether you're a top-tier speculative investor or a private equity firm, if you force your way on board without prior notice, you'll be in big trouble!"

As soon as he said this, Su Jing's eyes did not leave the screen. He said in a deep voice, "Ouyang Qinchun, Pang Sa, place a 1 million sell order."

"Five, five hundred million?"

"A sell order of 1 million?"

Ouyang Qinchun and Pang Sa hesitated, because if 1 million yuan worth of sell orders were placed, given the current level of support, the stock would most likely hit its daily limit down.

If the other party is indeed a top-tier speculative investor or a private equity firm, wouldn't this be exactly what they want?

After all, Haitong Foods has a very small market capitalization, with a total of only 1.65 million shares in circulation. Based on today's limit-up price of 8.89 yuan, its total market capitalization is only 14.66 billion yuan.

Do you need me to repeat myself?

Su Jing glanced casually at them, and the oppressive aura emanating from their superior made Ouyang Qinchun and Pang Sa shudder. The two quickly responded.

Throw it away immediately.

"Received from Brother Jing."

Although Ouyang Qinchun maintained an ambiguous relationship with Su Jing in private, she knew very well that this was not a reason for her to control him.

Putting aside the fact that Su Jing has several ambiguous relationships, just considering that the other party is in a superior position while she is in a subordinate position, if she wants more resources, she must do everything she can to please the other party.

As for the plot in the TV series where a single relationship can make a billionaire CEO want to die, that's pure nonsense.

Upon hearing their replies, Su Jing immediately looked away and returned his gaze to the time-sharing screen.

His idea, along with that of the other fund managers, was simple: to use 1 million to test the other party's financial situation.

If the other party can easily absorb this sell order, then it can be determined that the other party's capital is over 5 million.

In cases of forced boarding, the person in charge has two options.

1. Remain inactive.

2. Combined efforts to boost the price.

If the two sides choose to remain inactive, it means they have become adversaries.

Since the old major players don't move, the new major players usually can't move either. If the new major players drive up the stock price, the old major players can sit back and reap the benefits, taking the opportunity to cash out.

If the new stock can't withstand the selling pressure from the old stock, it's very easy for the price to plummet.

As for the joint effort to drive up the price, it's a consensus reached between the new and old investors, with both sides prioritizing harmony and jointly reaping profits from retail investors.

Of course, besides testing the other party's financial strength, throwing 1 million yuan in chips also serves another purpose: to completely disperse the emotions of retail investors who have gathered in the stock market.

Retail investors are a very special group with a huge amount of capital.

One retail investor is easily exploited, and so are 10,000 retail investors. But if 100,000 or 1 million retail investors work together to go long, the combined amount of funds they raise can drive the four major banks to their daily limit!
Why do retail investors keep getting fleeced?

Unable to work together!

You buy, he sells, I observe; our thoughts are all different.

The funds of retail investors that cannot be pooled together are like scattered soldiers; they are easily broken by the big players and are completely insignificant.

There are signs of concerted efforts from retail investors in Haitong Foods. As professional fund managers, Su Jing, Wang Hua, Qi Zhenbang, Lin Hai, and others know that they must immediately destroy the sentiment surrounding the stock.

therefore!

We absolutely have to spend this 1 million!
[Stock Anomaly Alert]: Haitong Foods saw a super sell order, amounting to 2090 million.

[Stock Anomaly Alert]: Haitong Foods saw a super sell order, amounting to 2400 million.

[Stock Anomaly Alert]: Haitong Foods saw a super sell order, amounting to 2160 million.

……

[Stock Anomaly Alert]: Haitong Foods saw a super sell order, amounting to 1100 million.

As Ouyang Qinchun and Pang Sa dumped 1 million yuan worth of sell orders, Haitong Foods' stock price was immediately broken through the limit-up price, causing it to plummet.

8.72 yuan.

8.41 yuan.

8.13 yuan.

7.84 yuan.

7.47 yuan.

In less than 10 seconds, Haitong Foods fell from its daily limit of 8.89 yuan to its daily limit of 7.27 yuan.

This scene not only stunned Chen Sanrong, but also left countless retail investors dumbfounded, and panic spread rapidly.

[Soul Ferry]: What the hell is going on? Is that bastard from Fuchun Road here to sabotage the market again?
[Who Stole My Brain]: Oh no, oh no, I'm really going to become a gigolo this time. My entire portfolio is tied up. I'm so done with this!

[Unpredictable Fate]: This kind of one-word, soul-crushing dumping tactic is either the mastermind Xu Xiang or that beast Fu Chunlu. I curse them to death! Why is it so hard for retail investors to make some money? Damn it!
[Little Chunxi Princess]: Waaaaah, I'm completely trapped in this stock market. Which brother can help me get out of this mess? I'm willing to offer myself in gratitude.

[Zombie Family]: Be careful of online dating traps. Last time I met a 165cm tall girl with pigtails in real life, and it turned out she was bigger than me. I guess all her nutrition was in there.

As expected, the dumping of 1 million yuan worth of shares instantly changed the market sentiment. Waiting funds became more cautious, panicked funds sold at the limit down price, and profit-taking funds rushed to cash out. Only speculative funds bought in small amounts.

Seeing this from his office on the same floor as Caiyan.com, Lin Guangchang couldn't help but exclaim, "Holy crap? The bookmakers are being this aggressive?"

"He hit the floor in 10 seconds; the opponent was showing us his fists."

Liao Guopei frowned slightly.

Seeing the two men's furrowed brows, Zhang Yang reminded them, "The fact that the stock price has plummeted to its daily limit is exactly what we're hoping for in terms of intervention."

"???"

"!!!"

Liao Guopei and Lin Guangchang were stunned for a moment, then quickly came to their senses.

"Damn, I forgot, we were supposed to feed the guy who jumped off the building until he hit the daily limit down."

"If Joker hadn't reminded me, I might still be thinking about how to motivate retail investors and push the price up further."

Because of their habitual tendency to go long, after placing large buy orders, their trading mindset instinctively tells them to go long.

"The guy who jumped off the building probably suffered a drop of about 15%. I wonder what his expression is like now," Lin Guangchang chuckled.

"Didn't he send a message?" Zhang Yang asked Liao Guopei.

"Not yet, could he have fainted? He went all in."

Liao Guopei guessed.

Just imagining the guy jumping off the building, dizzy and sweating profusely, made him smile. This guy really deserved to be taught a lesson.

"That's quite possible." Lin Guangchang suddenly thought of something and continued, "The guy who jumped off the building mentioned that he had a heart condition. Could he have already passed away?"

"It's not that serious, is it?"

Liao Guopei's eyes flashed with surprise.

They only wanted to teach the guy who jumped off the building a lesson and incidentally tarnish his reputation as "Fuchun Road," but they never intended to kill him.

"If you're worried about something going wrong, you can give him a call," Zhang Yang said in a deep voice.

He didn't care about Chen Sanrong's life or death, but if he really died, it was very likely that they would be implicated.

(Forgive me for my unruly and unrestrained nature and love of freedom throughout my life.)
(I'm also afraid that one day I'll fall down)
Liao Guopei's cell phone suddenly rang, immediately attracting the attention of the three people.

"It's the guy who jumped off the building."

"So it seems he's not dead."

"It's good that he's not dead. If he were, it would be troublesome if we recommended that he buy Haitong Foods' 'Shadowless Kick' product. We might even be investigated as a result."

"Shh, I'm taking this call."

Zhang Yang and Lin Guangchang stopped talking, while Liao Guopei pressed the answer button.

"Hey, you guy who jumped off a building."

"What kind of 'invisible kick' happened? How did it suddenly cause the stock to hit the daily limit down?"

"The selling pressure from Lao Zhuang was too great, there was nothing I could do. You saw me ignite it with 3000 million, and the other side immediately threw 1 million at me."

Liao Guopei looked at Zhang Yang, who returned an affirmative look, indicating that he should say so.

"So...what should we do now?"

Chen Sanrong stammered a bit. He had just bought a Ferrari, with monthly payments of over 6 yuan. If his cash flow dried up, his car might be confiscated.

Sensing the panic in the other person's tone, Liao Guopei patiently comforted him, "Don't panic, don't panic, I'm here, don't worry, I'll continue to push up the price by 3000 million tomorrow."

"It has to be tomorrow?"

"The sentiment in the stock market is not right today. Even with a forced price increase, retail investors are not following suit."

"Alright, let's do it tomorrow then."

Chen Sanrong was also a speculative investor and knew the importance of market sentiment.

If they fail to sway the emotions of retail investors, the funds needed to drive up the price could be several times the usual amount.

Originally, 1000 million was enough to drive a stock to its daily limit, but now it takes 5000 million, which is a huge loss for speculative investors.

This is why speculative capital often goes long when accompanied by positive news.

Positive news attracts retail investors, speculative funds ignite the price surge, attracting onlookers to enter the market, and multiple parties jointly lock in the stock price at its limit up – this is a standardized process of market manipulation.

If retail investors don't participate, the funds originally contributed by retail investors will have to be covered by speculative capital, which is very unprofitable.

After hanging up the phone, Chen Sanrong and Liao Guopei opened their portfolio pages.

Haitong Foods, holding 223.15 million shares, cost price 8.42 yuan, current price 7.27 yuan, today's decline is 10%, total loss 2567225 yuan, total decline is 13.66%, total stock value 16223005 yuan.

"Depend on!"

"We lost 256 million!"

Chen Sanrong couldn't help but slam his fist on the table; his heart was bleeding.

256 million!

That's half the size of a Ferrari!

Just as Chen Sanrong was wondering how to vent his emotions, Bai Lei, the receptionist at the business department, walked in carrying a fruit platter, swaying her ample hips.

Before the other person could even put down the fruit plate, Chen Sanrong, burning with rage, shoved her down in front of the table and roared in a fit of impotent fury, "Damn it, you've lost so much of my money. If you fall again tomorrow, don't blame me for exposing your secret: Shadowless Kick!"

Bai Lei, who was pressed down on the table, did not resist, but sighed and said, "Well, I have to start acting again. It's so tiring."

……

At 3 p.m., the first trading day of August 2009 quietly closed.

The Shanghai Composite Index closed at 3462.59, up 1.48%, with a trading volume of 2663 billion yuan, an increase of 40 billion yuan compared to the previous trading day.

The Shenzhen Component Index closed at 13856.99, up 1.36%, with a trading volume of 1225 billion yuan.

The combined trading volume of the two major indices has quietly stabilized at 3000 billion, and there is a faint trend of breaking through 4000 billion.

In terms of gains, the rise on August 3rd was still driven by index-weighted stocks, that is, large-cap stocks led the gains, as can be seen from the closing gains of the two major indices.

If the Shanghai Composite Index rises more than the Shenzhen Component Index, it indicates that large-cap stocks led the gains throughout the day. Conversely, if the Shenzhen Component Index rises more than the Shanghai Composite Index, it indicates that small and mid-cap stocks led the gains.

Generally speaking, retail investors prefer to buy small and mid-cap stocks, while institutional investors tend to flock to large-cap stocks. In this kind of market rally led by large-cap stocks, the profit potential for retail investors is not high.

"See you tomorrow, Joker."

"See you tomorrow."

"Looking forward to tomorrow, hehe."

"Get off work."

Zhang Yang, Liao Guopei, and Lin Guangchang said goodbye to each other. The former packed his things and prepared to return to his office, while the latter two quickly left the Caiyan.com office floor to enjoy their own lives.

It is worth mentioning that since Liao Guopei came to Shanghai, he no longer misses his hometown in eastern Guangdong.

For ordinary people, Shanghai is just Shanghai, but for the wealthy, Shanghai is not just Shanghai, but a bustling metropolis where nightly revelry takes place.

Seemingly accustomed to the extravagant lifestyle of Shanghai, he even took out a loan of 400 million yuan, to be paid in installments over 30 years, to buy a detached villa in Pudong.

As for why the term is 30 years, it was naturally Zhang Yang's suggestion, and Liao Guopei also chose to trust Zhang Yang's judgment on the macroeconomy.

Zhang Yang not only suggested that Liao Guopei buy the house in installments, but also that installment plans be used for any valuable items.

Economic deflation makes money more valuable, while economic inflation makes money depreciate rapidly.

The impending surge in inflation will allow consumers who buy homes and cars on installment plans to enjoy the benefits of this booming era.

come back to the office.

Zhang Yang turned on the computer in front of him.

When he logged onto the financial research website to check the public opinion in the stock market community, he discovered that he had been bombarded with insults.

[Dragon Cave Master]: The A-shares have risen again! Joker is a fraudster; you'd be better off trusting me than him!
[Brother is just a legend]: In this round of A-share market rally, Joker's fans went hungry for nine meals in three days, while Teacher Da Xiao's students ate thirty meals in three days. They were embarrassed to show off their returns if they didn't double their money.

[爷傲奈我何]: Joker is hilarious. He's always bearish. Doesn't he know that our Teacher Da Xiao is the god of the A-share market? He should study properly and stop embarrassing himself.

[Assembly Line Killer]: Teacher Da Xiao has posted another video. Tomorrow is the Icebreaker Cow!

[Little Brat]: What is Icebreaker Cow?
[Zhongxing Cafe]: Class representative is here! Teacher Daxiao's "ice-breaking bull market" refers to comparing the previous 6000 points to an iceberg, and the current A-share market is like an icebreaker breaking through the ice!
[Xiao Family Disciple]: Awesome! Let's give a thumbs up to Breaking the Ice! Keep it up!!!

At this point, the stock market community was completely dominated by "Xiao Xuesheng" (Li Daxiao's followers). Besides insulting Zhang Yang, they were praising Li Daxiao's various "bullish" pronouncements, and the "bullish" pronouncements made by Li Daxiao on August 3rd were the "ice-breaking bullish" pronouncements just mentioned by the stock market participants.

Zhang Yang glanced at the post, but wasn't particularly moved.

He's not easily offended; he doesn't get upset just because someone insults him.

On the contrary, seeing so many retail investors holding stocks and waiting for them to rise, he became even more convinced that the upward trend of A-shares would not continue.

Funds pushing up A-shares must have their own profit expectations. No funds would continuously drive up A-shares for no reason. Once a certain goal is achieved, it will lead to an avalanche.

"Ice-breaking cow?"

"It's quite interesting indeed."

Zhang Yang smiled.

He stopped looking at the stock market forum and instead started organizing today's news.

On August 3rd, noteworthy news includes…

1. The People's Daily published an article emphasizing the importance of maintaining the stability of the capital market, while Outlook Weekly published an article advocating for active consumption.

2. The former head of the China Securities Regulatory Commission (CSRC) publicly stated that no consensus has yet been reached on the draft plan for launching a stabilization fund.

3. The National Bureau of Statistics released macroeconomic data for July 2009. The CPI rose 1% year-on-year, ending nine consecutive months of negative growth, indicating a gradual recovery in consumer demand. The PPI fell 3.3% year-on-year, with the decline narrowing compared to the previous month.

4. Everbright Securities issued a "Special Warning Announcement on Risks of New Stock Investment" and officially launched its online roadshow. It plans to issue no more than 5.2 million A-shares, with an issue price range of RMB 19.00-21.08 per share.

5. The CSI Consumer Index was officially released, with a base point of 1000, aiming to reflect the overall performance of listed companies in the online consumer industry.

Since only half of August 3rd has passed, the news is not yet complete, but the information that has circulated in just half a day is already quite significant.

Not only did the Minzhong Daily emphasize maintaining the stability of the capital market, but a former village chief also confirmed the existence of a draft plan for a stabilization fund.

However, sometimes news needs to be viewed critically.

For example, why did the People's Daily suddenly emphasize maintaining the stability of the capital market?

Is it unstable now?
Or is the future uncertain?
What signal is it trying to convey?
Currently, there are no signs of instability in the A-share market. Even the sharp drop on July 29 has been reversed within three trading days.

As for Zhou Zhengqing, the former head of the China Securities Regulatory Commission, who publicly stated that no consensus has been reached on the draft plan for launching a stabilization fund.

Although no consensus was reached, could it be interpreted that the China Securities Regulatory Commission (CSRC) is internally studying a stabilization fund?
What is a stabilization fund?

A stabilization fund, also known as an intervention fund, is a securities investment fund established by the state through specific institutions such as the China Securities Regulatory Commission, the Ministry of Finance, and stock exchanges in a legally mandated manner.

Stabilization funds are characterized by being non-profitable, policy-driven, and large in scale. Their purpose is to stabilize the capital market and curb excessive volatility through contrarian operations.

For example, buying when the stock market crashes irrationally and selling when the stock market bubble inflates and speculative trading is rampant, in order to smooth market fluctuations and protect the interests of the majority of investors.

"It seems that today's price increase is inseparable from the help of the former village chief."

Zhang Yang continued reading.

Everbright Securities issued a "Special Warning Announcement on Risks of New Stock Investment," planning to issue no more than 5.2 million A-shares at a price range of 19.00-21.08 yuan per share.

"Given the precedent of China State Construction Engineering Corporation, the scale of this IPO is likely to exceed expectations, and a correction in A-shares is probably coming."

His tone became increasingly certain.

Many seemingly unrelated news stories are actually connected.

If you don't understand the news in the People's Daily that emphasizes maintaining the stability of the capital market, try looking at it together with the news of Everbright Securities' listing. Wouldn't that make sense?
Huaguo Construction debuted on the A-share market on July 29th, directly impacting the A-share market. Now, Zhang Yang has every reason to believe that this round of rebound and rally may be for the sake of Everbright Securities.

at the same time.

the other side.

China Asset Management Co., Ltd., Shanghai Branch.

Wang Yawei also saw the news that Everbright Securities was going to go public. He couldn't help but frown and say, "Does this mean the A-share market will continue its upward trend for a few more days?"

He missed out on opportunities from June to the end of July, never imagining that the vinegar dish was from China Construction, not Guilin Sanjin or Wanma Cable.

Now, Everbright Securities has joined the fray, raising over 10 billion yuan.

"The roadshow starts today, and subscriptions will most likely open in a couple of days. The listing will take at least a week. Is this week safe?"

Not only Wang Yawei, but many fund managers in public institutions are wondering whether the government will continue to make dumplings for the sake of that dish of vinegar.

Someone is ready to make a move.

Some people proceed cautiously.

Some people continue to observe.

At this moment, not only public funds, but also private funds are starting to wonder whether state funds will continue to maintain market stability until Everbright Securities is listed, just like Huaguo Construction.

He Jing, who was planted in a public fund institution, also had a keen eye on the emotional shifts of the public fund managers at China Asset Management.

……

Tuesday, June 4nd.

Shenzhen, in eastern Guangdong.

Feeling depressed after losing 256 million yuan in the previous trading day, Chen Sanrong took advantage of the night to have several long chats about life with the female passenger in the Ferrari, and even took two enhancement drugs.

At this moment, his steps were unsteady and his face was somewhat pale. When Bai Lei, the receptionist, saw him like this, she knew at a glance what had happened.

But what does it matter?

They are simply bound by mutual interests.

"Brother Rong, you're here~"

That sweet, slightly flirtatious greeting didn't break Chen Sanrong's "wise man mode." He simply nodded slightly and said, "I have other things to do. I'll talk to you later."

"Okay, Brother Rong."

Bai Lei nodded in response.

If she didn't know he was rich, she wouldn't bother with Chen Sanrong.

Not only is she small in stature, but her brothers are also malnourished. In Japanese movies, she could only play an incompetent husband.

Upon entering the VIP room, Chen Sanrong plugged in the network connector to his laptop and immediately contacted Liao Guopei.

[Jumping Bro]: The market is about to open, Shadowless Kick, are you going to push up the price during the opening auction?
1 minutes.

3 minutes.

5 minutes.

It took a full 10 minutes for Liao Guopei to reply to the QQ message.

[Zen City Shadowless Kick]: Don't worry, I'll give you a surprise today.

[Jumping Bro]: It's good to be happy, don't keep scaring me, my heart can't take it. Yesterday I suffered a 13.6% drop, and I lost millions.

[Zen City Shadowless Kick]: Unrealized losses are not losses. As long as you don't sell, you haven't lost anything.

Chen Sanrong: "..."

As long as you don't sell, you won't lose money?
Why does this sentence sound so familiar?
It seems to be a famous quote from some retail investor, but he couldn't recall it at the moment.

While Chen Sanrong was still pondering the origin of that phrase, Lin Guangchang, who was in the conference room of Caiyan.com, couldn't help but burst into laughter: "Hahaha, I didn't expect you, Shadowless Kick, to still have a sense of humor. If you don't sell, you won't lose money."

"I was serious!"

Liao Guopei offered a righteous but evasive argument.

"Joker, you tell me, if we didn't sell, would we have avoided a loss?" Lin Guangchang looked at Zhang Yang, who was organizing documents.

"me?"

Zhang Yang thought for a moment and smiled, "If we only look at the immediate situation, not selling doesn't really mean we've lost money. We still have the same number of chips, which shows the importance of investing spare cash."

"but!"

He then changed the subject and continued, "From the perspective of currency devaluation, if you don't make money by buying stocks, you're actually losing money."

"For example, if you were stuck with 10 yuan in 1992 and only managed to break even in 2009, the value of that same 10 yuan would be completely different."

"Look, that's what you call professional!" Lin Guangchang said to Liao Guopei.

"Didn't you just say I have a sense of humor? I was just teasing the guy who jumped off the building, hehe." Liao Guopei tried to smooth things over.

As a speculative investor, he certainly knew the principle that not making a profit is a loss. Let alone 92 yuan in 10, just putting the money in the bank would have earned him a thousand or two thousand yuan in interest a year.

If you don't make money from buying stocks, even if you sell them at the purchase price, you're still losing money.

"Alright, stop joking around. Check the account, make sure there's no mistake."

Zhang Yang reminded him.

This time, they will be using the "Jiangzhe Huaxin Securities Fuchun Road Branch" seat, which is also the first time they have used the "beastly" nature of Fuchun Road to carry out a shakeout.

"It's the seat on Fuchun Road."

"I've transferred the funds."

Liao Guopei and Lin Guangchang responded in turn.

All three individuals had access to trading seats on Fuchun Road, but the personal information used to open the accounts was not their own; instead, it was information provided by their family members.

Since the internet became widespread, opening an account no longer requires an in-person visit. You can simply upload your identification information on a webpage and select a branch office to open an account online.

As for opening a trading seat for speculative investors, the individual does not need to be present.

"Ten minutes left, I'm going to get a glass of water. We'll be raising the level at 924 later, let them feel the familiar atmosphere," Zhang Yang said with a faint smile.

Liao Guopei, also with a smile on his face, continued, "In the past, the market would crash on 924, but now it's rising on 924. I wonder if retail investors will be moved to tears when they find out."

"Waaaaah, Fuchun Road, did it actually surge on 924? I'm so touched, you could easily be nominated for one of the top ten people who moved China in 2009, waaaaah."

Lin Guangchang gave a heartfelt performance.

Liao Guopei watched the other person rubbing his eyes and pretending to cry, and complained, "You're almost forty years old, how can you be as childish as a sixteen-year-old?"

"..."

Lin Guangchang was silent for a moment, then coughed twice and said, "Would you believe me if I said I was possessed by a ghost just now?"

"Letter, sob sob sob, Fuchun Road, selecting the top ten people who moved China in 2009!" Liao Guopei imitated Lin Guangchang's mannerisms, giving a vivid performance.

……

And on the other side.

Huitianfu Fund Building.

Looking at yesterday's list of top-performing stocks, Su Jing, the fund manager of the "Huitianfu Balanced Growth Equity Fund," felt somewhat uneasy.

Buy 1 branch, China Merchants Securities Shenzhen Hongling Middle Road branch.

Buy 2 at the Guotai Junan Securities branch on Sujiang Road in Shanghai.

Buy 3: Huaxin Securities Hangzhou Yan'an Road Branch.

Buy 4 from the GF Securities Shanghai Central Ring Road branch.

Buy 5 from the Galaxy Securities Changcheng Huimin Road branch.

Of the five business departments, apart from Galaxy Securities Changcheng Huimin Road Business Department and GF Securities Hudu Zhonghuan Road Business Department, the first three are well-known speculative trading seats.

The first one is the guy who jumped off a building, Chen Sanrong.

The second one is the Grand Master, Xu Xiang.

The third one is Alliance Leader Zhang, Zhang Jianping.

Although we can't be sure it's them just by looking at the seats, who can guarantee that the 5000 million that flowed in yesterday wasn't theirs?

If it really is Xu Xiang or Zhang Jianping, even if they are institutions, they cannot leverage their financial advantage on these small-cap stocks.

"Namo Amitabha Buddha, Infinite Heavenly Venerable, Amen. I hope it's not Xu Xiang or Alliance Leader Zhang." Su Jing prayed incessantly.

While he was praying in both Chinese and Western languages, the time quietly came to 9:15. Led by bank and securities stocks, the Shanghai Composite Index and the Shenzhen Component Index once again rose across the board.

[drizzling]: You've struck it rich! Is it going to open high again? It's like picking up money off the ground, hahaha!

[A monk uses Pantene to wash his hair]: Ever since I started investing in A-shares, I've wanted to say, Buffett is nothing! I made a 200% return in six months, who else can compare?

[Destined Beings]: I'm so bored. I made thousands of dollars again as soon as I opened my eyes. Can't I just lose money for one day? Just one day, please.

The surge in the opening auction has already made retail investors celebrate, as they have completely forgotten the crash on July 29th.

On the other hand, Haitong Foods, which was originally up 2.3% and was trading at 7.44 yuan, suddenly saw a surge in buying volume during the pre-market auction at 9:24:50. By 9:25, the price had reached its daily limit, with an opening price of 8 yuan and a trading volume of 1.2 lots.

Perhaps due to a lack of precautions, or perhaps because they were unable to prevent it, Zhang Yang, Liao Guopei, and Lin Guangchang used only 960 million yuan to drive the stock to its daily limit.

Looking at Haitong Foods, which suddenly hit the daily limit, Su Jing muttered to himself, "A perfectly timed surge to the daily limit, why does this feel so familiar?"

He began to feel apprehensive.

I hope it's not that seat.

"Jingle Bell--"

The landline phone rang.

Su Jing picked up the receiver and said, "Hello."

"Manager Su, did you drive the stock to its daily limit?"

"It wasn't me, I'm wondering too. Someone timed it perfectly to push the price to the daily limit, and the technique was very familiar."

"Who? What method?"

"92450."

"You mean..."

"Yes, it looks a lot like Fuchun Road."

"impossible?"

"I also hope it's not that beast. If he's behind this stock, it's questionable whether retail investors will be willing to take over!"

Yesterday, the Fuchun Road branch appeared on the list of top traders for Huafeng Chemical, which caused a public outcry last night, and the stock has now been driven down to its daily limit.

One after another, many more agency managers called to inquire about the situation, and Su Jing also told them his guesses.

The presence of Guotai Junan Securities' Shanghai Sujiang Road branch and Huaxin Securities' Hangzhou Yan'an Road branch was already a headache for Su Jing; if Fuchun Road branch were to appear as well, he would truly go crazy.

However, what you fear most came true. On August 4th, the A-share market experienced a recovery with a lower shadow line, touching a low of 3404.82 points before finally closing at 3471.44, a gain of 0.26%, marking the fourth consecutive day of gains for the A-share market.

Shortly after the A-share market closed, the list of top-performing stocks was released to the public.

Su Jing immediately found Haitong Foods' trading data. When his eyes fell on the name of the top-selling brokerage, he exclaimed as if he had seen a ghost: "Fuchun Road, Jiangsu Huaxin Securities Fuchun Road branch, fuck you, 92450, it's that beast Fuchun Road!!"

(End of this chapter)