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

Chapter 200: Sun Peak VS Rainbow Bull, Jumping Bro Becomes a Disciple of a Top-Tier Speculator

Following the issuance of the "Notice on the Pre-tax Deduction Policy for Advertising and Business Promotion Expenses in Certain Industries," the cosmetics, pharmaceutical, and food and beverage companies collectively rebounded after the market opened at 1 p.m. The rise in small and medium-sized stocks also drove the Shenzhen Component Index to quickly turn positive.

As a policy-driven market, the A-share market is driven by speculation on the strength of policies and future expectations.

For companies that need to invest in advertising over a long period, this notice on the pre-tax deduction of advertising expenses is a timely help.

The surge in the food and beverage sector boosted the liquor sector, which in turn spread to the dairy sector.

Yili shares rose 4.33% in the afternoon, a sharp upward surge, and are currently trading at 17.35 yuan.

Not only Yili Group, but also Bright Dairy, Huangshi Dairy, and even Sanyuan Group, which acquired Sanlu's assets, saw their stock prices rise.

The Shenzhen Component Index, a hub for small and mid-cap stocks, saw a significant afternoon rally, currently trading at 13134.9 points, up 1.24%.

However, amidst the general rise in the food and beverage sector, Haitong Foods not only attracted the most attention but also exhibited an independent trend.

5.12 yuan.

5.04 yuan.

4.92 yuan.

Instead of rising, the stock price fell. The 2 million yuan that Zhang Yang, Liao Guopei and Lin Guangchang had sold in the morning only lasted for less than 10 minutes in the afternoon.

At 1:10 PM, Haitong Foods was once again pushed down to 4.73 yuan, and countless shareholders who missed the opportunity to exit the market shed tears.

[Bald Guy Reports Safety]: I bought over 30 lots of limit-down orders, why didn't you push it up to the limit? Fuchun Road, I'll fuck your mother!

[Past Events]: I've been trading stocks for 10 years and have never lost more than 5 yuan on a single stock, until I encountered Fuchun Road. Damn it, one stock trapped me with 49 yuan.

[Cheerful Kid]: I'm begging you, Fuchun Road, I'm practically kneeling down to you, please cut your losses and leave! You're such a rotten apple, you've ruined our good pot of porridge.

[Unconcerned about the spring breeze]: I've got it, I've got it, I've realized the truth! In the A-share market, you absolutely cannot have a narrow mindset, hahaha, a 40% return is wiped out instantly, I'll play your dam for good!
The sharp pullback after five consecutive limit-down days caused retail investors in Haitong Foods to significantly underperform the market. Their pleas were in vain, and new sell orders at the limit-down price kept pouring in like snowflakes.

People's joys and sorrows are not connected. While Haitong Foods shareholders were crying their eyes out, retail investors in other small and medium-sized stocks were popping champagne, as if a "bull market" had returned.

[Dreaming of being the client]: Counterattack! Counterattack! Counterattack! I'll say it three times: the main players have already ignited the fire! All investors, hurry up and follow suit! Don't wait any longer! Buy today, and you'll reap huge profits tomorrow!
[Oil Cat Pancake]: The sharp drop was indeed a market correction. The Shenzhen Component Index has already turned positive, and the Shanghai Composite Index is also rising. If you don't buy stocks at this point, you won't be able to buy them at all!
[Xiao Chen Loves Stocks]: I'm going all in with 20 yuan. If the market crashes tomorrow, I'll jump off a building; if it goes up tomorrow, I'll be on the go. My motto is recklessness!
As we all know, the vast majority of A-share investors only have a 7-second memory. To put it more vividly, that is...

A 10% drop?

It's just a technical adjustment!
A 1% increase?

The bull market has arrived!!
Whether the price drops by 10%, 20%, or even 50% beforehand, as long as it rises one day, retail investors will shout that it's a bull market.

This is precisely why countless retail investors were trapped in the stock market crashes of 1993, 2001, and 2007.

It is worth mentioning that the signals for the three previous peaks in the A-share market were very clear, which can be roughly divided into three points.

1 represents the average price-to-earnings ratio (P/E ratio) of A-shares.

The higher the price-to-earnings ratio, the bigger the bubble. The government will not allow the stock market bubble to grow bigger and bigger, affecting the overall financial system.

In 1993, due to the limited number of listed companies on the two major stock exchanges and the relatively immature financial system and regulatory oversight, the average price-to-earnings ratio of A-shares at its peak was 72 times.

Looking at the average price-to-earnings ratios of A-shares at the peak of the two bull markets in 2001 and 2007, they were 66.16 and 69.59 times, respectively.

Simply looking at the highest price-to-earnings ratio doesn't give a clear picture of how big the bubble is.

To put it simply, after reaching a price-to-earnings ratio of 66.16 in 2001, the A-share market experienced a four-year decline, with the price-to-earnings ratio dropping to 14.96.

As for the peak of the bull market in 2007, its price-to-earnings ratio also declined from 69.59 times to 14.24 times.

To determine whether a bull market has reached its peak, looking at the price-to-earnings ratios at the peak of the two most recent bull markets can give you a general idea of ​​its trajectory.

Of course.

The average price-to-earnings ratio (P/E ratio) of A-shares is not absolute.

No stock market indicator can predict future rises or falls, or tops or bottoms, with 100% certainty; their purpose is only to provide reference.

Advanced stock market investors often don't use a single indicator, but rather combine multiple indicators, such as the most commonly mentioned top divergence, which is a basic "combination technique".

2. The index hit a new high, but market trading volume did not increase accordingly.

There's a saying that goes, "The essence of increased trading volume is disagreement."

If you want to buy and I want to sell, naturally, the transaction volume will increase.

However, if the index hits a new high but the market trading volume fails to increase, it indicates that the vast majority of stock investors believe that the market can continue to rise.

The stock market is a game of chance. Its underlying logic is that a few people profit while the vast majority lose. Only by understanding this underlying logic can we understand why. When everyone is optimistic, that is the most dangerous time.

At this point, some people might ask, isn't it said that retail investors account for 95% of the A-share market? Why can't the trend continue even though they are all optimistic about it?

Having a large share does not equate to having collective strength; these are two different concepts.

If 70% of retail investors in the A-share market are firmly bullish and refuse to sell no matter how much institutional investors sell, or even provide support through their funds, then there is no doubt that a V-shaped rally is imminent.

The problem is that when institutions dump shares, some retail investors often follow suit and sell, sometimes even more aggressively than the institutions.

This is why retail investors should not go against the trend.

3 is unsupported by economic factors.

The stock market is a barometer of the economy. If the overall economy is declining, but the stock market keeps breaking new highs, a bubble will form.

It's like a foundation and a house. If you rush to build a house before laying a solid foundation, it will sink before long.

The simplest way to judge whether the stock market can continue to rise is to look at the economy and the price-to-earnings ratio, and make decisions based on the size of the bubble.

These three points repeat themselves at the top of every bull market, but humans only record history and rarely learn from it.

……

The A-share market closed at 3 p.m.

Driven by the favorable policy of "Notice on the Pre-tax Deduction of Advertising and Business Promotion Expenses in Some Industries", both major indices closed in positive territory, but trading volume remained low.

The Shanghai Composite Index closed at 3264.73 points, up 0.46%, with a trading volume of 1225.91 billion yuan, a decrease of 300 billion yuan compared to the previous trading day.

The Shenzhen Component Index closed at 13137.11 points, up 1.26%, with a trading volume of only RMB 655.5 billion, a decrease of RMB 120 billion.

从7月29号接近4000亿的成交量，到现在不足2000亿，A股仅用了9个交易日。

However, on Li Daxiao's Weibo, countless "Xiao students" have not yet realized the seriousness of the matter.

[一霄倾城]: It's stable, tomorrow is stable. The volume is shrinking and the price is rising, so it can still rise. Tomorrow, there will be thousands of stocks hitting the daily limit. Congratulations to all stock investors, your persistence has paid off!
[The Man Who Speculates on A-Shares]: Low volume during a decline means further declines, and low volume during an rise means further rises. This is a golden rule of the stock market. Let us embrace the moment of reversal in the Chinese stock market!
[Jingcheng Longshao]: It still has to be our Teacher Daxiao. Joker is just a clown. He was always bearish, but now he's been proven wrong, hasn't he?

[Xiao Xue's Top Disciple]: Everyone, please don't criticize Joker. He's just a clown trying to attract attention. Let's quietly buy good stocks, be good people, and reap good rewards!

The heated online debate over "Moon Top vs. Bullish Group" came to a perfect end after the market closed on August 11.

Numerous posts targeting Zhang Yang have appeared on platforms such as Eastmoney, Tonghuashun, Sina Weibo, Baidu Tieba, and Mop Community.

"A Laughable Feat! Zhang Yang, founder of Caiyan.com, fails to predict a stock market crash and ends up as a clown; both major A-share indices closed higher on August 11th, a slap in the face to Zhang Yang!"

"Zhang Yang, founder of Caiyan.com, has limited expertise; the 'moon peak' lie has finally been exposed, and A-shares have broken out of their sideways trend!"

"The A-share market has stabilized after a decline! It demonstrates remarkable resilience. Zhang Yang, founder of Caiyan.com, is a true 'joker,' with thousands petitioning him to become Li Daxiao's apprentice!"

Unlike previous posts that stirred up controversy, this round of online discussion has dragged Caiyan.com into the fray, clearly indicating that someone is deliberately orchestrating it.

Why include Caiyan.com?

It's very simple. Now, Eastmoney, iFinD, Sina Finance, and other financial websites are all starting to offer free services, but Caiyan.com is the only one that wants to establish a professional image.

Since Caiyan.com wants to establish a professional image, it's easy to destroy it: just make that professional image completely collapse.

Now that someone has found a point of attack, they naturally won't let it go easily.

Who could be behind this?

It goes without saying that they're in the same industry!
Only when interests clash will both sides be driven to the brink of destruction.

If two people have no conflict of interest, unless the other person is mentally ill, who would want to kill the other?
However, no matter how frenzied the online discussion became, Zhang Yang, sitting in the chairman's office of Caiyan.com, remained unmoved, his face expressionless, as if he were detached from the situation.

"Pap-ta-ta-ta-"

He typed on the keyboard.

Five minutes later, he stopped typing and, after checking for any typos, clicked "post".

A crisp mouse click rang out, and the post content instantly appeared on the Joker Speculative Investment Channel.

The 30-day moving average has been broken, and trading volume in both Shanghai and Shenzhen markets continues to shrink. The "Notice on the Pre-tax Deduction Policy for Advertising and Business Promotion Expenses in Certain Industries" alone cannot reverse the trend. The market needs to find a value bottom. It can be asserted that this is a continuation of the downtrend, and a bullish engulfing pattern has formed. Be aware of the risks and avoid blindly following the crowd in investment.
All of a sudden.

The Internet exploded again.

[Pepe is not pui pui]: Earth top, moon top, sun top, Joker God, you haven't been infected with the "sky virus", have you?
[Sugum Tangerine]: I predicted the moon would peak yesterday, but I was proven wrong by lightning speed today. When it comes to stock market predictions, we still have to be our Teacher Da Xiao.

[Climbing mountains to loosen up muscles]: Everyone, stop laughing at the Joker. He's just a clown who comes here to make us laugh. All we have to do is laugh out loud and give him a tip.

[Lonely Phoenix]: Hahaha, hahaha, hahaha, I'm laughing so loudly, Joker is really funny, hahaha!

Since Zhang Yang's prediction of the "moon peak" was proven wrong, online public opinion is now almost unanimously against him, and the paid subscription rate of Caiyan.com has also declined as Zhang Yang's prediction failed.

"咚咚-"

Suddenly, there was a knock on the office door frame.

Zhang Yang looked up from the computer screen and saw Xu Zhirou.

The other person was wearing a light gray executive women's suit, paired with a champagne-colored satin shirt, which was more sophisticated than her previous outfit.

"Are you okay?"

Xu Zhirou asked.

Zhang Yang paused for half a second, then suddenly realized what he meant and replied, "It's okay, I don't care about the comments online."

Online harassment can kill a person, but that person could never be Zhang Yang.

Seeing that Zhang Yang seemed unaffected, Xu Zhirou asked again, "Will the A-shares really continue to fall? Our company's resources are all tied up in you right now. If your prediction is wrong, Caiyan.com could plummet."

Since Caiyan.com abandoned the freemium model and switched to a professional approach, all of the company's resources have been focused on Zhang Yang.

If Zhang Yang's prediction is correct, the operations team only needs to give it a little push, and Caiyan.com will gain massive traffic.

But if they fail, the professional path that Caiyan.com is taking will be completely blocked, and they may have no choice but to change their name and start all over again.

"Don't worry, it's not far off."

Zhang Yang said calmly.

Although Zhang Yang's tone was very calm, Xu Zhirou could clearly sense the confidence hidden beneath his humble and composed demeanor.

She didn't understand why Zhang Yang was so certain that the A-share market would crash, but the confidence he displayed made it hard not to believe him.

"it is good!"

Xu Zhirou nodded in response.

She didn't ask any more questions. Since Zhang Yang said that the A-share market was not far from a crash, she could simply turn the tables and amplify the online criticism of Zhang Yang, letting the market trend ultimately determine who was right.

……

Unlike Zhang Yang, whose reputation plummeted, Li Daxiao has been elevated to godlike status, becoming a stock market guru in the eyes of countless investors.

After witnessing Zhang Yang shout "Sun Peak," Li Daxiao did not remain silent. Instead, he seized the opportunity to generate traffic and continued to release cattle-raising videos.

[On this sweltering afternoon, the sentiment in our A-share market has also seen a significant boost, with both major indices closing higher and even forming a lower shadow line. I believe this is a very good start. If we retail investors unite, we can transform into a pack of bulls.]
As the saying goes, a rise on low volume indicates a continued rise. The most difficult time is over. Comrades, everyone has their storms; after the clouds clear, the moon will shine. Let us embrace the rainbow bull market in China's stock market. Rainbows always appear after the storm. Retail investors who haven't sold off are lucky.
Go Rainbow Cow!!
The emergence of "Rainbow Bull" has stirred up the emotions of countless retail investors.

From a technical perspective, the Shanghai Composite Index on August 11 was indeed undergoing a recovery, not only closing with a lower shadow line but also exhibiting reduced trading volume.

A rise in price with low trading volume means less selling pressure, making it easier for major players to drive up the price. This is the underlying logic behind the saying "a rise in price with low trading volume still indicates further upward movement."

Li Daxiao's Weibo followers also surpassed 100 million shortly after the cattle-raising video was released.

[Wearing underwear inside out again]: Everyone has their storms and rains, but after the storm comes the sunshine. Teacher Da Xiao is so cultured, I love him!

[Miss Strawberry]: The four stages of stock trading: questioning Teacher Da Xiao, mocking Teacher Da Xiao, acknowledging Teacher Da Xiao, and admiring Teacher Da Xiao. Which stage are you at?
[Love Cannot Have Distance]: I have to say, Teacher Da Xiao is indeed a stock market genius. He predicted a bull market in February and March, allowing his fans to accurately profit from five or six months of gains. Now he has caught the bottom of the trend. How can there be such a perfect man?

[Worse Than Being a Prostitute]: Students who want to join "Da Xiao School," repeat after me: Buy good stocks, be a good person, and you will be rewarded!

On one side were doubts and insults, and on the other side were applause and flowers.

Zhang Yang, standing on the opposite side of Li Daxiao, not only failed to ruin the latter's reputation, but instead boosted the latter's fame to a new level.

Meanwhile, Yang Delong, who was far away at Southern Fund, felt sorry for Zhang Yang and said, "Zhang Yang shouldn't have been so impulsive. You're not just one person; you also have Caiyan.com behind you. You represent more than just yourself; you also represent Caiyan.com. Sigh!"

He wouldn't doubt Zhang Yang's talent, because it had already been proven.

Furthermore, Yang Delong also felt that this round of A-shares had come to an end, but the main players might be creating a double-top trend, which is why he did not rush to draw a conclusion.

Most importantly, public funds have returned to the market, seemingly seeing the potential for profit, resulting in an increase in "fresh capital" in the market.

Based on all these factors, Yang Delong believes that this round will definitely be a two-top trend.

What is a double-top trend?

Let's say 3000 points is the top, then the index falls to 2500 points, then rebounds, the index breaks through the previous high of 3000 points, and then turns downwards again. This is called a double top.

Before a double top pattern is fully formed, it can easily be mistaken for a second major wave trend.

It is precisely by taking advantage of the psychology of retail investors betting on the second main wave that a double-top trend can often trap a large number of retail investors at the top, which is far more effective at trapping retail investors than a direct A-wave sell-off.

After observing online opinions for a while, Yang Delong sighed again, "They are still too young and impetuous, and don't know how to restrain their sharpness."

Not only Yang Delong, but also Professor Wang Xingbang, who was far away at Shanghai University of Finance and Economics, after learning that Zhang Yang had made a high-profile bearish statement on A-shares, he and several other professors lamented Zhang Yang's recklessness.

In their view, it's better to be bullish on A-shares than bearish, as the latter carries no risk.

A bearish outlook on A-shares is often accompanied by an investigation by the China Securities Regulatory Commission (CSRC) to assess whether it will affect the normal operation of the A-share market.

However, what Professors Wang Xingbang and others did not know was that Zhang Yang had already spoken to Bao Xingwei and knew where the red line was, which is why he stood on the "opposite side" of Li Daxiao with such confidence.

As online discussions continued to escalate, the two major stock exchanges also released lists of stocks exhibiting abnormal price fluctuations, which were then compiled into a "Dragon and Tiger List" by various securities firms, attracting the attention of countless retail investors.

"Snapped--"

Huitianfu Fund Management Co., Ltd.

Su Jing slammed his hand on the table, his voice trembling with excitement: "As expected of that beast Fuchun Road! 2 million yuan to manipulate the market, what a big move!"

The "Buying Branch" column for Haitong Foods prominently displays: Jiangsu-Zhejiang Huaxin Securities Fuchun Road Branch.

"It really is Fuchun Road."

"It really is that guy."

Ouyang Qinchun and Pang Sa looked surprised. Although they didn't want to accept this reality, the result was right in front of them.

"Brother Jing, what should we do next? With Fuchun Road around, it's not easy to push up prices, right?" Ouyang Qinchun asked, glancing sideways.

"It's really hard to push the price up, and Fuchun Road is still adding to its positions. If retail investors see this, they'll probably be even less willing to come in."

Su Jing analyzed in a deep voice.

Today, 2 million yuan was used to prop up the stock price, and with the shares previously accumulated, he deduced that "Fuchun Road" holds at least 1/5 of the circulating shares.

"Should we just let him stall?"

Pang Sa, who was standing to the side, asked cautiously.

"Whether it's a price surge or a period of consolidation, we can't rush it. Retail investors' willingness to buy is too weak right now, so let's wait and see."

Su Jing responded.

He still wants the stock to fall for eight consecutive days, forcing Haitong Foods to explain the progress of its backdoor listing with Yijing Optoelectronics. This is a consensus reached between him and other fund managers.

Looking at the "Fuchun Road" on the screen, Su Jing gritted his teeth in hatred. If it weren't for the appearance of this seat, their Haitong Foods shares would not have suffered such a huge floating loss.

Of course.

Unrealized losses are not losses.

As long as "Fuchun Road" can cut its losses and leave Haitong Foods, their public funds can push up the stock price at any time.

Meanwhile, Wang Tao, a "professional speculator" based in Sichuan and Chongqing, shook his head immediately upon seeing the "Fuchun Road" seat appear, saying, "Trying to save oneself by taking advantage of the situation is too stupid. Could it be that someone else is using this seat?"

A trading seat for speculative investors is not exclusive to any one person; it represents a fast trading channel for a particular brokerage firm, which can be used by paying a fee.

Borrowing trading seats is common in the speculative trading circle, and many speculative traders have borrowed trading seats.

Take Wang Tao for example. In March, he used Xu Xiang's Jiefang South Road seat to drive a small-cap stock to six consecutive limit-up days, making a profit of tens of millions of yuan before exiting the market.

Seats can be borrowed, but technical skills and trading styles cannot.

In Wang Tao's view, "Fuchun Road" should not have spent 2 million yuan to prop up the stock price, because the main reason for Haitong Food's recent limit-down was "Fuchun Road" itself, rather than someone deliberately suppressing the price.

To put it bluntly, no retail investor wants to play with "Fuchun Road".

In this situation, what "Fuchun Road" needs to do is not to spend money to save itself, but to change its identity and start anew.

Is it really Fuchun Road?

"This is not like his trading style at all."

Wang Tao muttered to himself.

While he was still trying to figure out if it was "the real Fuchun Road person," some retail investors in Haitong Foods had already lost their tempers and become extreme.

[Taking away the kitten]: It's really that beast Fuchun Road. Everyone remember this: he bought a batch of chips at 4.73 yuan. If the price exceeds that, the market may be dumped.

[Piggy Gem Necklace]: Five consecutive limit-up days. If nothing unexpected happens, it will be a sixth limit-up day tomorrow. What sins did I commit in my past life to run into that bastard Fuchun Road!
[Nighttime Men and Women]: Anyway, I've already lost 14 yuan, so I don't care anymore. Tomorrow, I'll sell at the limit down price on Fuchun Road, just to make sure this beast can't get out, damn it.

[Lucky Girl]: I was originally a tall, 175cm girl with a cheerful personality and stunning features, until I met Fuchun Road, who destroyed everything for me, sob sob sob!
[Forget Love Potion]: You can use your beauty to get revenge on him. Give birth to 10 boys for Fuchun Road and let them fight among themselves for the family fortune. When Fuchun Road gets old, he will definitely be forced to stop taking his oxygen tube.

……

Deep in China.

The entrance to a detention center.

When the warm sunlight shone on Chen Sanrong, he subconsciously shielded his eyes. In less than 48 hours, he felt as if he had been through another world.

Seeing his client's stunned expression, Xi Yifan reminded him, "The matter has been taken care of for you, Mr. Chen. Don't forget the agreement to pay the legal fees on time."

"I won't forget, don't worry."

Chen Sanrong took a deep breath.

If Xi Yifan hadn't found the woman's friend and had her pass on a message to persuade her to admit to fabricating facts and making a false police report, Chen Sanrong would probably have really been imprisoned for three years.

As for the woman, since the case was relatively minor and the proceedings had not yet reached the procuratorate, and with Xi Yifan mediating, she was not prosecuted for false accusation, and both sides were let off the hook.

After this incident, Chen Sanrong no longer dared to use the "pay later" service; in fact, he had an instinctive fear of women.

"Where are you going? I'll give you a ride," Xi Yifan said to Chen Sanrong.

Chen Sanrong thought for a moment, Shen Yufan's face flashed through his mind, and he said with gratitude in his tone, "Let's go to Brother Shen's house."

"boarding."

Xi Yifan and Chen Sanrong got into the car and headed straight for the Luohu villa district in Shenzhen.

About half an hour.

They arrived at the villa area.

After Shen Yufan communicated with the gatekeeper, Chen Sanrong and Xi Yifan successfully entered the villa area and met Shen Yufan in a two-story villa with a front yard.

"Are you alright, Rong?"

Shen Yufan looked him up and down.

"It's nothing, I just didn't sleep well last night. I'm so grateful to you for saving me, Brother Shen, otherwise I would really be in jail."

Chen Sanrong smiled wryly.

He, a seasoned A-share speculator with tens of millions of yuan in capital, never imagined that one day he would almost lose hundreds of thousands of yuan to a bank account.

For ordinary people, hundreds of thousands of yuan might be several years' salary, but for Chen Sanrong, it's something he can earn in a few days, or even in a day, no, half a day.

But it was these few hundred thousand that almost landed him in jail.

Chen Sanrong's smile was not only bitter, but also carried a hint of self-mockery.

"If it can be solved with money, it's not a big deal. Just take it as a lesson."

Shen Yufan smiled.

"Brother Shen, there's something I want to tell you." Suddenly, Chen Sanrong thought of something, and a flash of hatred crossed his eyes.

"what's up?"

Shen Yufan asked curiously.

Chen Sanrong didn't rush to speak, but instead looked at Xi Yifan beside him. This was a matter within the speculative investment circle, and he didn't want outsiders to know.

“Xi Lu, you should go back first. I’ll treat you to another meal this weekend.”

"Okay, then I won't bother you any longer."

Shen Yufan gave Xi Yifan the order to leave, and Xi Yifan wisely departed.

Once only Shen Yufan and Chen Sanrong remained in the villa, the latter lowered his voice and said, "Fuchun Road's true identity is Chancheng Wuyingjiao. I have chat records with him and participated in the fishing speculation."

Shen Yufan: "..."

silence!

silence!

It felt like entering a library at dawn.

After a long silence, Shen Yufan sat down on the sofa and asked, "You want revenge?"

"Correct!"

A fierce glint flashed in Chen Sanrong's eyes as he sat down on the side of the sofa and said, "If it weren't for the Shadowless Kick, I wouldn't have been completely trapped in Haitong Foods, and I wouldn't have ended up in jail because of a woman. It's all because of him!"

"If I remember correctly, Fuchun Road is also in a delicate situation right now. Today, it used 2 million to prop up the price, but it still fell back after reaching a high."

Chen Sanrong was stunned when Shen Yufan said those words.

One, two, three, four, five…

Five consecutive limit-up days!

Five consecutive limit-up days and still no opening?
"Haha! He deserved it!"

Chen Sanrong suddenly burst into laughter and guessed, "He must have messed up. Is it because there were no retail investors to take over Haitong Foods shares?"

"Well, no."

Shen Yufan nodded in response.

"Just as I thought. Given his financial size, he must have lost a lot of money. That feels so good, so very good."

Chen Sanrong seemed to have found a balance, and his hostility lessened somewhat.

After Chen Sanrong calmed down, Shen Yufan crossed one leg, interlaced his fingers on his knee, and said, "With your financial resources, even if the other party fails this time, you still won't be able to hurt them in the slightest. How about this, you come with me first. I just happened to get a private equity spot."

"Thank you, Brother Shen. I will never forget your kindness." Chen Sanrong agreed without hesitation.

"The villa has guest rooms. If you don't mind, you can rest for the night before you leave. As for the Shadowless Kick, that's a matter for Fuchun Road. Don't alert them yet, and in fact, try not to show your face."

"it is good!"

"What about my chips?"

"Sell when you have the chance, or you can keep it, but I don't know when Fuchun Road will cut its losses. Also, it's an institutional stock. Based on the way it's fallen recently, it will trade sideways for at least half a year, unless Yijing Optoelectronics announces a successful takeover."

"Okay, I've written it down."

"Go and rest."

Shen Yufan led Chen Sanrong on a tour to familiarize him with the place. After that, he returned to the living room sofa and sat quietly, seemingly lost in thought.

His right hand was fiddling with the ring on his left index finger, a ring set with a ruby ​​that looked just like an eye.

……

The next day, February 8th.

In the morning.

Thanks to the promotion by peers such as Eastmoney, iFinD, Tencent Finance, and Sina Finance, as well as the public opinion created by Caiyan.com itself, Zhang Yang has been criticized relentlessly online.

Nobody likes someone who's bearish, especially in the A-share market, because retail investors can only go long; margin trading, securities lending, and stock index futures haven't been introduced yet, or to be precise, they're not even traded domestically.

As usual, after finishing his company business, Zhang Yang went to the finance conference room to trade stocks with Liao Guopei and Lin Guangchang.

Seeing Zhang Yang approach as if nothing had happened, Liao Guopei couldn't help but tease him, "Can you still maintain your Joker mentality? Right now, your popularity is about the same as the Fuchun Road seats."

Will the A-shares market really fall?

Lin Guangchang struck up a conversation.

Zhang Yang sat down and said with a faint smile, "I never care about what others think of me. As for whether the A-shares market will fall, that's not up to me to decide; it's up to the market to decide."

As a man, especially one who has lived two lives, he takes things in stride as long as it's not a matter of life and death.

Online abuse?

Let them be.

Even without the anchor of past life memories, the risks currently exhibited in the A-share market are enough to make Zhang Yang stand on the side of being bearish.

"As expected of the man behind Joker and Fuchun Road, a player with a big heart, haha." Liao Guopei gave a thumbs up. Perhaps only those with this level of mental fortitude can become top-tier speculative investors.

"Would you like a coffee?"

Lin Guangchang, who was standing nearby, asked.

Zhang Yang: "The old style."

"I'll get it for you right away."

Time passed slowly, and as Lin Guangchang placed the coffee he made in front of Zhang Yang, the two major A-share indices began to fluctuate.

The Shanghai Composite Index fell 0.12%.

The Shenzhen Component Index fell 0.25%.

The market's timely decline caused Liao Guopei and Lin Guangchang to glance at Zhang Yang, who was sitting in the main seat.

In contrast, Zhang Yang remained relatively calm. He glanced at the overall market and then switched to Haitong Foods' intraday chart, which was still at the daily limit down, currently trading at 4.26 yuan, marking its sixth consecutive daily limit up.

Chen Sanrong, who had stayed at Shen Yufan's house for one night, acted decisively and placed an order to sell his 223.15 million shares of Haitong Foods at the limit-down price.

He no longer hopes the stock price can recover, because the sentiment surrounding this stock has completely collapsed. Now, Chen Sanrong just wants to cash out as soon as possible to pay off his debts and invest in Shen Yufan's private equity fund.

Following the lead of speculative investors is better than stubbornly holding onto Haitong Foods.

He had already decided that once the amount of capital he had accumulated had grown significantly, he would settle accounts with Liao Guopei.

　On August 27th, the Shanghai Composite Index reached 3800.35. According to KFC rules, the lucky winner with the monthly pass number 0000035 has won! You can join the group to contact me. We will continue the draw tomorrow and the day after. Thank you for your support!
　　
　
(End of this chapter)