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

Chapter 193: No one is willing to take the bait; Haitong Foods is dumped across the entire internet.
The night was both long and short. As the night progressed from August 4th to August 5th, Chen Xiaoqun's post continued to gain traction.

His post on Eastmoney garnered over 100 million views and more than 5 replies, with retail investors overwhelmingly agreeing with Chen Xiaoqun's views.

On the morning of August 5th, the number of replies continued to grow rapidly. Retail investors, who had been exploited by speculative funds and market manipulators for over a decade without reaching a consensus, were now surprisingly united in their opinion: not to take over Haitong Foods shares.

[Faithful Player]: Some bloggers have already analyzed that there should be around 5000 million Haitong Foods shares on Fuchun Road. There's still an hour until the market opens. Let's wait for the retail investors to come and take over.

[Freedom Brings the Wind]: I, Wang Dalong, am putting this out there: anyone who takes over Haitong Foods is an idiot. Let's see how many idiots there are, hahaha!
[Xiaokui Peanut Oil]: If it falls for 5 consecutive days, I'll consider buying in some shares, hehe. But if it's the first day of limit-up, let that beast Fuchun Road play by itself.

[Lonely Wolf]: I've been trading stocks for over twenty years, from US stocks to A-shares, and this is the first time I've seen retail investors so united. Fuchun Road has truly taken animalism to a whole new level!

Not only are ordinary retail investors unwilling to take over, but retail investors who hold shares in Haitong Foods are also unwilling to continue holding them.

[Do not ask about the spring breeze's intentions]: Image.jpg, a limit-down order has already been placed at 0:0:01. I wish all the fellow stock traders on the train great fortune.

[Social Brother Long]: Fuchun Road will most likely crash on September 924th. I predicted his plan: to place a limit-down order within 01 seconds and try to bury this beast, Fuchun Road, alive.

[Tears and Sorrows Flow Like a River]: Is everyone placing sell orders at the daily limit down? Is it possible that Fuchun Road suddenly has a change of heart, stops dumping shares the next day, and instead pushes the price up for two consecutive days?
[A man like a tiger]: You bet Fuchun Road has a change of heart, just like when I tell my girlfriend I'll just rub against her but not go in. There's a possibility, but the probability is very small, okay?

The ongoing public outcry caused Chen Sanrong, who was in the VIP room of China Merchants Securities branch on Hongling Middle Road in Shenzhen, to tremble uncontrollably.

Why are you shaking?

Excessive adrenaline secretion!

When the human body is under excessive stress or is near death, it secretes a large amount of adrenaline. This is like an "overload mechanism," and the body, unable to withstand it, will tremble violently.

"Brother Rong~"

Just then, Bai Lei, the receptionist at the China Merchants Securities branch, walked in with a tea drink. Today, she had deliberately changed into a bodycon uniform, with thick black stockings on her legs. Just one glance was enough to arouse the desire of the opposite sex.

However, at this time, Chen Sanrong had absolutely no interest in women, not even physically. Because he had gone bankrupt once, money was more important to him than women, and now all he cared about was money.

"Put it down, I'm busy." Chen Sanrong's tone was extremely cold.

Bai Lei was stunned for a moment, thinking to herself, "Is this a case of turning your back on someone after you've already done your work?"

In order to get the 7 yuan "sugar baby fee" promised by Chen Sanrong, she forced a smile and said, "Brother Rong, I've already made an appointment to shop at Hermes. The 7 yuan you mentioned the other day..."

"Won't you see I'm busy in a couple of days?" Chen Sanrong felt very annoyed.

To ordinary people, Bai Lei is a goddess of class beauty level, but for speculative funds with tens of millions in assets, they have been playing around for who knows how long.

If you can't win love with 1, then spend 10. There's always a gold-digging woman willing to do that.

Although Bai Lei was equally displeased, she dared not show it. She knew that Chen Sanrong had money, so she could only pretend to be understanding and say, "Alright, then Brother Rong, you go ahead and get busy."

Chen Sanrong ignored her and didn't even glance at Bai Lei.

As soon as Bai Lei stepped out of the VIP room, her face fell, and she muttered, "If it weren't for the money, who would want a country bumpkin like you? You have no sex appeal whatsoever."

As a beauty of class caliber, Bai Lei was absolutely not lying when she said that.

Chen Sanrong's plaid shirt outfit and thick bangs with a bowl cut would make anyone shake their head. Let alone a six-point beauty, even a three-point beauty would turn away.

After Bai Lei left, Chen Sanrong continued to use both soft and hard tactics to try to get Liao Guopei to push the stock to its daily limit.

[Jumping Bro]: Are you there? Shadowless Kick, as long as you push the stock to its daily limit today, I can pretend nothing happened, let's turn hostility into friendship, and continue our cooperation.

[Jumping Bro]: You've seen the online comments too. This seat on Fuchun Road is like a rat crossing the street, everyone hates it. If you're exposed as being on Fuchun Road, your reputation will be ruined!

[Jumping Bro]: We've known each other for so many years, there's no need for us to fight amongst ourselves. Cooperation is the only way to achieve a win-win situation, Bro.

Chen Sanrong was truly at his wit's end. He never imagined that Liao Guopei was so cunning, using several tickets to gain his trust and then finding a ticket with room for speculation for him to go all in.

……

And on the other side.

Financial Research Network office space.

Looking at the message from Chen Sanrong, Liao Guopei couldn't help but share with Lin Guangchang, "Jumping off the building is hilarious. He thinks I'm stupid and would believe his delaying tactics."

"What did he say?"

Lin Guangchang grinds coffee beans by hand.

This conference room has become the base of the "Liu, Guan, and Zhang gang".

Lin Guangchang, who has a habit of drinking coffee, bought a coffee machine at his own expense and placed it in the corner of the conference room.

Although coffee machines have an automatic grinding function, he prefers to grind coffee by hand, as it doesn't taste as bitter.

"He said to turn hostility into friendship, and as long as we drive the stock to its daily limit, we'll pretend this never happened," Liao Guopei briefly recounted.

Upon hearing this, Lin Guangchang burst out laughing: "It feels like he's treating you like a fool, haha."

"It definitely has that flavor."

Liao Guopei smiled as well.

They are all speculative investors. The first step to becoming a speculative investor is to understand the thoughts of ordinary retail investors. They can guess Chen Sanrong's thoughts to some extent.

If Liao Guopei hadn't been decisive enough and had let Chen Sanrong go this time, the situation would have instantly reversed, and the initiative would have been firmly in the hands of the other side.

Is there a chance of turning back once the arrow is released?

impossible!

Liao Guopei and Lin Guangchang couldn't possibly be unaware of the numerous historical reckonings that followed.

Lin Guangchang, having just finished grinding the coffee, glanced at the time and came to the coffee machine, saying, "There's still an hour before the market opens. Joker is probably still working on the financial research website. Would you like a cup of coffee?"

"Then I'll have a cappuccino," Liao Guopei said with a smile when ordering.

"No."

"Then what do you have?"

"Original flavor coffee".

"How about a less original flavor?"

"I'll heat it up for you, haha."

"Hot, plain coffee? You might as well just let me drink Chinese medicine."

The two chatted back and forth, passing the time before the market opened.

Meanwhile, in the chairman's office, Zhang Yang was looking at Xu Zhirou with a furrowed brow.

"That's how it is. Tonghuashun launched a 100-day sign-in event. For every day you sign in, you get a free day of membership. This means that for the next three months, they will give up membership revenue."

"Furthermore, there are rumors that Tonghuashun is going to expand its securities business, but it is unclear whether it has obtained a fund or securities license."

After reporting the matter, Xu Zhirou awaited Zhang Yang's decision.

Sitting at his desk, Zhang Yang suddenly felt a bit of a challenge. His original intention in founding Caiyan.com was to wait for the country to relax financial regulation and transform into an internet securities platform.

Having just experienced the subprime mortgage crisis, the government has adopted a conservative attitude towards the financial sector, and various financial licenses, margin trading, and other businesses have almost come to a standstill.

Moreover, in 2009, China was very cautious about foreign investment and implemented strict financial controls on foreign capital.

As a reborn individual, Zhang Yang knew before everyone else that the country's financial controls would gradually loosen, with the most significant event being the launch of margin trading by the first six securities companies on March 31, 2010.

In other words, since the launch of margin trading and securities lending, fund licenses have been gradually liberalized. However, due to the nature of internet finance, only Eastmoney obtained securities operation qualifications through acquisition. Tonghuashun, which was a step behind, could only become a securities service platform.

It was precisely because he foresaw the competition a year later that Zhang Yang valued Caiyan.com so highly, and he was determined to obtain that one and only "Zangyu Securities" license.

After thinking for half a minute, Zhang Yang remembered the teacher's poem and said mysteriously, "Surrounded by thousands of enemy troops, I remain unmoved."

"Not moving?"

Xu Zhirou was somewhat surprised.

With competitors now offering free services, Caiyan.com's only advantage lies in its high-quality content production.

But who can guarantee that competitors won't improve their quality?

"Do not move."

Zhang Yang knew very well that the more critical the situation, the less he should rush things.

This is similar to stock trading. If you rush into it before the trend is clear, you are likely to be trapped at the top by the big players.

Many retail investors often talk about discipline, but when it comes to actual trading, if they see a stock falling continuously, the desire to "buy the dip" will instantly take over their intelligence, and they will most likely get deeply trapped.

After saying "nothing," Zhang Yang asked Xu Zhirou, "By the way, how's the plan for the website's high-quality development coming along?"

"I'm still thinking about one point."

Xu Zhirou answered.

Upon hearing this, Zhang Yang became intrigued and asked, "What point?"

Will the A-share market crash?

Is there any connection between the A-share market crash and the trend of financial research websites moving towards high-end services?

"Have."

"Tell me."

Xu Zhirou gathered her thoughts and stared intently into Zhang Yang's eyes, saying, "At last weekend's economic forum, you publicly expressed your bearish views on A-shares, which led to a large influx of retail investors who were bullish on Caiyan.com."

"If the A-share market really crashes, we can invest resources to help you build your personal brand and give back traffic to Caiyan.com."

"this…"

Zhang Yang hesitated for a moment.

Xu Zhirou's idea is indeed feasible: to use her personal IP image to summarize the website's image and deeply integrate the two.

This is similar to Warren Buffett's Berkshire Hathaway; he himself is a living advertisement and the best spokesperson.

If you were to invest 100 million yuan and have a fund company manage it, and one company's spokesperson is Li Daxiao, while the other is Warren Buffett, 99% of investors would choose the latter because Buffett is a recognized stock market guru.

But here is the problem.

How long can this flamboyant persona remain hidden?

He didn't know.

He has done everything he can to delay the exposure.

Once Zhang Yang is confirmed to be the "Fuchun Road" company, he is likely to face a collective boycott from retail investors, just like Haitong Foods is now.

"What's wrong? Don't want to be a big star?" Xu Zhirou crossed her arms, showing off her impressive figure while half-jokingly asking.

"It's a bit complicated, I'll think about it."

Zhang Yang did not confess the matter.

Seeing that Zhang Yang was hiding something, Xu Zhirou didn't press him for details. After all, everyone has little secrets, such as her liking to watch adult anime.

"Then think it over carefully yourself. I'm going back."

"Okay, go ahead and get busy."

As soon as Zhang Yang finished speaking, Xu Zhirou turned and left the office.

Once he was alone in the office, Zhang Yang glanced at the time on his computer screen: 8:42.

Instead of rushing to the finance conference room, he opened Tonghuashun (a Chinese online financial platform) and, sure enough, discovered a sign-in promotion that offered free memberships.

"100 days of free membership, is this a free-to-value model?" Zhang Yang stroked his chin, carefully considering the Tonghuashun website.

"咚咚-"

"Come in."

Zhang Yang looked up and saw Zhang Zetian.

She still had her hair tied in a single ponytail, and her appearance was pure and sweet. She wore a white turtleneck shirt, which was simple yet sophisticated.

"I've compiled the messages from August 4th. This is my USB drive."

As she handed over the USB drive, she half-jokingly said, "Everyone online is criticizing you, Commander of the Air Force. Zhang Yang, you should keep a low profile next time."

"It's not easy to tell the truth."

Zhang Yang shook his head.

"Is it true? Will the A-shares really crash?" Zhang Zetian asked.

"A one-sided trend won't last long. Once the accumulated profits are realized, a stampede often occurs," Zhang Yang said gently as he plugged the USB drive into the computer.

Zhang Zetian and his younger sister Zhang Anxin are about the same age, and Zhang Yang treats her like his own younger sister.

“A one-sided trend won’t last long; the accumulated profits will trigger a stampede,” Zhang Zetian muttered to himself, then smiled slightly and said, “I’ve got it. Thanks, Brother Zhang Yang.”

"These are all basic knowledge."

Zhang Yang laughed.

After copying the files on the USB drive, he unplugged Zhang Zetian's USB drive and handed it back to him, saying, "Go back and get busy. You can call me anytime if you need anything."

"Okay, Brother Zhang Yang."

Zhang Zetian nodded obediently.

As Zhang Zetian left the office, Zhang Yang casually opened the news feed she had collected.

1. China International Capital Corporation (CICC) issued a report warning that the net supply of funds in the market will decrease by RMB 10.63 billion, RMB 54.98 billion, RMB 246.79 billion and RMB 19.96 billion respectively in the next four weeks, based on the accelerated resumption of IPOs and the rebound in the scale of refinancing.

2. In July, the four major banks issued 170 billion yuan in new loans, but the Agricultural Bank of China saw negative growth, reflecting a structural divergence in credit allocation.

3. The China Securities Regulatory Commission (CSRC) officially issued the "Guidelines on the Content and Format of Asset Management Contracts for Specific Multiple Clients of Fund Management Companies", which clearly requires that the asset management plan share and initial sales amount shall not be less than RMB 100 million, and the performance fee commission ratio shall not exceed 20% of the net income.

4. According to China Securities Journal, regulators plan to impose stricter restrictions on the inclusion of subordinated debt held cross-in the supplementary capital of banks, which may involve discounting or full deduction.

5. The Federal Reserve's continued loose monetary policy has led to a persistently weak dollar index. On August 4, rumors circulated in the market that "foreign institutions are bearish on A-shares and plan to withdraw from emerging markets."

……

8. The pilot program for the new rural pension insurance will be launched before National Day, and is expected to cover 10% of counties and districts. This is the first time that China has established a universal pension system for farmers nationwide. In addition, the basic pension for retired enterprise employees has been adjusted, with an average monthly increase of 110 yuan, reaching 1200 yuan.

9. To reduce the burden of medication costs for the public, the Office of the Leading Group for Deepening the Reform of the Medical and Health System launched the National Essential Medicines System and published the "National Essential Medicines List (Part for Primary Healthcare Institutions)".

10. The Jiuquan 10-million-kilowatt wind power base officially started construction, with a total investment of 120 billion yuan. This is the world's first contiguous 10-million-kilowatt wind power project and a landmark project of the Western Development Strategy.

After reviewing the entire document, Zhang Yang has discovered more than one key to wealth.

For example, the pilot program for the new rural pension insurance will benefit the pension and insurance sectors, especially the insurance sector, where there are almost no junk stocks, but rather blue-chip stocks with national certifications.

In addition to pension insurance, the advancement of medical and health system reforms also directly benefits the medical and pharmaceutical sectors.

The Jiuquan wind power base demonstrates the nation's commitment to clean energy and has sparked the concept of western development. However, Zhang Yang was somewhat surprised that CICC (China International Capital Corporation) was so vocal in its bearish outlook, which is hardly a good thing.

"Is the arrow already on the bowstring?"

Zhang Yang muttered to himself.

Yesterday's strong market recovery, coupled with expectations of Everbright Securities' IPO, has many institutions eager to participate, believing that government funds will continue to pour money into the market.

After thinking for a while, he saved the file to his USB drive and said, "Whether the arrow is on the bowstring or not, I can remain unscathed, but retail investors will suffer."

……

9 points.

Finance meeting room.

Zhang Yang pushed open the door and entered. Liao Guopei and Lin Guangchang were enjoying coffee.

"Hey, Joker's here! Good morning, how about a cup of hand-drip coffee?"

Lin Guangchang greeted him.

As a native of Shanghai, he developed a habit of drinking coffee from a young age under the influence of his parents.

"I'd like a cup of extract."

Zhang Yang didn't stand on ceremony either.

"Okay, I'll get it ready for you right away." Lin Guangchang went to tinker with his coffee machine again.

After sitting down, Zhang Yang looked at Liao Guopei and asked, "What did the guy who jumped off the building say?"

"They're still using both soft and hard tactics on me." Liao Guopei responded, then asked, "I put all 40 million chips up at 00:01 last night, is that really okay?"

Last night, Zhang Yang made a last-minute call to Liao Guopei, asking him to place an overnight order to block Chen Sanrong's escape route. Now Liao Guopei is a little panicked. What if their chips are swept up by the institutions? Will they end up losing more than they gain?

"Don't worry, given the current sentiment surrounding Haitong Foods, no one is willing to invest."

Zhang Yang laughed.

Liao Guopei: "I hope so."

After a brief conversation, Zhang Yang began to organize the chip information in their hands.

They had been accumulating funds for a period of time in front of China Construction.

At that time, Liao Guopei held 486.1 million shares of Haitong Foods at a cost of 7.2 yuan, Lin Guangchang held 260.8 million shares at a cost of 6.9 yuan, and Zhang Yang held 149.25 million shares at a cost of 6.7 yuan. The three of them held a total of 896.15 million shares, with a remaining available fund of 4.5743 million yuan.

On August 3rd, Zhang Yang, Liao Guopei, and Lin Guangchang each invested 10 million yuan to boost the stock price, totaling 30 million yuan, and purchased 346 million shares of Haitong Foods at an average cost of 8.67 yuan.

On August 4th, during the pre-market auction, they used only 9.8 million yuan to drive the price up to the daily limit at the open, with a cost price of 8 yuan, for a total of 122.5 million shares.

On August 4th, when the stock hit its daily limit, they bought another 2 million shares, bringing their total to 322.5 million shares, spending 25.8 million Chinese yuan.

In other words, as of the opening of the market on August 5, Zhang Yang, Liao Guopei, and Lin Guangchang held a total of 1564.65 million shares, with an average holding price of 8.22 yuan, and the remaining available funds were 3.9183 million yuan.

"Handsome, here's your extracted coffee." Lin Guangchang handed Zhang Yang a coffee.

"Thank you."

Zhang Yang politely thanked them.

"The market has opened," Liao Guopei reminded them, his eyes glued to the screen and a hint of nervousness in his voice.

Zhang Yang picked up his coffee cup and glanced casually at the computer screen.

No surprises.

Haitong Foods, down 10%, currently trading at 7.2 yuan.

"Good heavens, look at this intraday chart of the pre-market auction! There's absolutely no support at the bottom!" Liao Guopei exclaimed in surprise, and quickly called Zhang Yang and Lin Guangchang to take a look.

Lin Guangchang opened the intraday chart, a look of surprise flashing in his eyes. "Good heavens, is this outrageous? Have all the buyers run away?"

Zhang Yang, who was standing to the side, first took a sip of coffee, then put down the coffee cup, and then opened the intraday chart of Haitong Foods to check.

The intraday chart during the pre-market auction showed an enormous volume spike at the top, which, if nothing unexpected, consisted entirely of overnight sell orders that hit the daily limit down.

Looking at the support orders below, there are very few, if not none, but a tiny amount; the unmatched volume reaches 10.9 lots.

What does 10.9 lots mean?
A sell order of 7848 million!

Besides the 4000 million put up by Liao Guopei, there are 3848 million in other people's sell orders!

Panic?
It's obvious they're panicking!

The moment the unmatched volume appeared, countless retail investors were completely excited.

[Big Head Son]: Haitong Foods is awesome! With a total market capitalization of just over a billion, the unmatched volume in the opening auction reached 10.9 lots, which is almost 1 million, right?
[Want to summon the dragon]: Around 8000 million, which is about the same as 1 million. It's basically certain that the opening price will be the same as the closing price. Congratulations to the shareholders of Haitong Foods, you've just gotten a free ride.

[Who is the real hot commodity]: There is absolutely no support below, and the matched volume is only 2000 lots. This is really going to be a series of limit-up moves.

[The Unromantic Man]: Of those 2000 matching orders, 1000 were placed by me. I'll cancel the order at 19 minutes. We've finally caught that jerk on Fuchun Road, hahaha!
Between 9:15 and 9:20, orders can be placed and cancelled at will, but no transactions will be executed. The matching volume during this period is not of any reference value.

but!

Unmatched volume is available!
Because you need to own Haitong Foods stock to sell; if you don't own the stock, you can't contribute "false volume".

At 9:20, the unmatched volume had reached 13.7 lots, while the supporting volume below was only 200 lots.

Su Jing was completely stunned by what he saw, and no one knew what he was thinking.

Meanwhile, Wang Tao, far away in Sichuan and Chongqing, watched as hundreds of millions of yuan worth of stocks were dumped. He silently lit a cigarette and took a deep drag.

"call--"

He exhaled a heavy cloud of smoke.

"Fuchun Road, I'll fuck your mother!"

Emotional release is often the most basic way to express feelings. Wang Tao had anticipated that the takeover would collapse, but he did not expect it to collapse to this extent.

200 lots!

Just 200 lots!

Even for a stock that has been involved in financial fraud, is designated as a special treatment (ST) stock, and has been penalized by the China Securities Regulatory Commission (CSRC), the buying support during the opening auction should not be this weak.

As the "principal" in the eyes of the stock market investors, Wang Tao was convinced. He was also determined to make a comeback and decided to put up 400 million shares to see how things went.

If I can sell it, I can buy it back when it falls tomorrow or the day after.

With "professional speculator" Wang Tao joining the sell-side, the unmatched volume has reached an astonishing 18.1, with a total value of 1.3 million.

The scene of 1.3 million yuan in sell orders during the opening auction with almost no support at the bottom not only stunned public fund institutions and Wang Tao, but also made Xu Xiang, Sun Guodong, Ma Xinqi and others look at each other in bewilderment.

"call--"

Xu Xiang exhaled a puff of cigar smoke and looked at the dumbfounded Sun Guodong, Ma Xinqi, and the others, asking, "Brother Sun, what do you think?"

"Can't go in, it's a junk ticket."

"There is absolutely no support. Even if we want to enter the market, we have to wait at least until after three consecutive limit-up days."

"If retail investors don't come to buy, this stock is a junk stock."

Sun Guodong, Ma Xinqi, and Shu Yimin all made statements in succession.

These three are the core figures of the Ningbo Limit-Up Daredevil Team. Each of them is a top-tier speculative investor. The fact that they are so united in their opinions speaks volumes.

How to make money in A-shares?

Value investing?
You can make money, but only a little bit.

The most ruthless way to play the A-share market is to set up a scheme to make retail investors take over the losses, and then make hundreds of millions or even billions of yuan a year by fleecing them.

How do you fleece retail investors?
Very simple.

Let them cut their losses at low prices and then buy at high prices.

Doing these two things is not difficult, but it's not an easy task either.

Retail investors typically sell at a loss when they are in a state of extreme panic.

How can we make them panic?
First, let the negative news ferment, then use funds to frantically dump shares. If nothing unexpected happens, panic selling will emerge instantly.

Buying at high levels is even simpler; it doesn't even require further capital to drive the price up. Just a piece of positive news will attract retail investors to chase the highs.

But what about Haitong Foods now?

No acceptance!

What does it mean if no one accepts the offer?
Unable to ship!

It is not advisable to drive up prices if there are no buyers and the goods cannot be sold.

Because there are no buyers at 7.2 yuan, there will be buyers when it is raised to 10 yuan.
Retail investors may have information asymmetry, but that doesn't mean they are unintelligent.

At this point, the funds in the stock market only have one option: a pullback. It is necessary to ensure that there is support at the bottom and then attract wait-and-see funds to enter the market through positive news.

Xu Xiang took another puff of his cigar and agreed with Sun Guodong, Ma Xinqi and others, saying, "There is indeed no point of intervention. With this kind of selling pressure and support, it should at least be a three-day winning streak."

"Fuchun Road is really ruthless; just one seat caused such a huge commotion."

Shu Yimin couldn't help but sigh.

He never imagined that just a seat name could cause retail investors to panic so much, resulting in sell orders exceeding 100 million.

"Fuchun Road is not called a beast for nothing. His trading style made retail investors think that the market would definitely crash today, so a stampede occurred."

"Yes."

As soon as Sun Guodong finished speaking, Ma Xinqi immediately chimed in: "It's like an earthquake. Without special training, people are very likely to cause a stampede because panic can make the mind go blank and make instinctive decisions."

How many consecutive limit-down days do you think it will drop?

Xu Xiang suddenly asked.

"Around three boards."

"It's possible it will reach the fifth board."

"Five board runs are impossible. Let me compromise, four board runs should be possible."

Just as they were speculating, Zhang Yang witnessed the arrival of the "92450" node and immediately said, "Yangjia, put up another 2000 million in your chips to make it a round number."

"OK!"

Lin Guangchang quickly typed, placing a 2000 million yuan sell order at the daily limit down price just 24 minutes and 57 seconds before the deadline.

As 9:25 approached, Haitong Foods opened at 7.2 yuan, a drop of 10%, with 220,000 sell orders at the limit down price, amounting to 1.584 million yuan.

Want to break the daily limit down?
All you need to do is come up with 1.584 million Chinese yuan.

"Good heavens, 22 lots! How many limit-down days would it take before the market opens again?" Liao Guopei gasped in shock. This was truly outrageous; just one trading seat had caused so many retail investors to suffer losses.

"Compared to the limit down, I'm more concerned about the subsequent rise and how to find funds to support it." Lin Guangchang looked at Zhang Yang.

“Retail investors have no memory. As long as we remove what they fear, the funds will naturally come back.”

Zhang Yang smiled faintly.

It's not that he looks down on retail investors, but most of them forget the pain once the wound heals. If the price drops by 10% yesterday and rises by 1% today, some of them will shout that a bull market has arrived.

Now that Haitong Foods has panicked and hit the daily limit down, in addition to manipulating Chen Sanrong, it can also take advantage of the situation to shake out weak hands and accumulate shares, picking up shares at a loss.

"So, we're swapping seats?" Lin Guangchang asked with some certainty.

Since he started trading with Zhang Yang, he has gradually come to understand something and has gained a deeper understanding of the A-share market.

"That's right. The trading of seats makes retail investors think that Fuchun Road has cut its losses and left the market. Then, the false news of the progress of Yijing Optoelectronics' backdoor listing is released, and the funds that were supposed to be taken over will naturally flow back."

Zhang Yang revealed his entire trading plan without reservation.

Upon hearing this, Liao Guopei immediately smiled and said, "As expected of Fuchun Road, you made retail investors think they had won, but in reality, they had fallen into your trap again. You're truly a scoundrel..."

Before he could finish speaking, he quickly changed to a more elegant phrase: "Extremely intelligent, a master strategist, comparable to Zhuge Liang!"

"One scheme after another, and the retail investors are screaming in despair," Lin Guangchang said with a similarly malicious smile.

"You are so smooth-talking, do you want to take the postgraduate entrance examination?"

"If there were a university for seniors, I would not only want to take the postgraduate entrance exam, but I would also like to pursue a doctorate."

"Wow, he's got a dream."

"If you don't have dreams, what's the difference between you and a salted fish? Haha."

Because it opened at the daily limit down, and there were more than 20 sell orders, the three of them were quite relaxed and chatted idly.

Unlike Zhang Yang, Liao Guopei, and Lin Guangchang, who were relaxed and carefree, Chen Sanrong, far away in Shenzhen, was in dire straits, sweating profusely.

"Fuck you!"

"22 lots of orders?"

"One hundred million..."

The moment he calculated that the total amount exceeded 100 million, Chen Sanrong completely lost his composure, slammed the mouse down and shouted, "Shadowless Kick, I'll fuck your mother!"

He still had 223.15 million shares in hand, hoping for a "92450" rally, but Liao Guopei completely ignored him.

Is he from Fuchun Road?
They don't care!
His bargaining chips are a joke!

Chen Sanrong already regrets colluding with Liao Guopei; given the level of buy orders, it should have at least three consecutive limit-up days.

How much loss will I incur if there are three consecutive limit-up days?

"7.2 dollars."

"6.48 dollars."

"5.83 dollars."

After calculating the number, Chen Sanrong opened his portfolio page.

Haitong Foods, holding 223.15 million shares, cost price 8.42 yuan, current price 7.2 yuan, today's decline is 10%, total loss is 272.243 million yuan, total decline is 14.49%, total stock value is 1606.68 million yuan.

When he converted the current price to 5.83 yuan, he immediately felt dizzy and his vision went black, because at that time, the total value of his holdings would shrink to 1300 million yuan.

Furthermore, this level of stock market sentiment collapse doesn't necessarily mean the stock will open after three consecutive limit-up days. If it falls for seven or eight consecutive limit-up days, Chen Sanrong only felt a dull pain in his chest.

(End of this chapter)