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

Chapter 202 The "Bull Top" battle has begun again, and Fuchun Road is on the verge of a margin call.

Once panic spreads, it's like a boulder rolling down a mountain, growing stronger and faster with each passing moment.

By the morning close of trading on August 12, the Shanghai Composite Index was approaching 3000 points.

The 260-point drop, a terrifying 7.56% decline, forced the leaders of Huijin and China Securities Finance Corporation to hold a meeting to discuss market intervention.

Because the IPOs of companies such as Everbright Securities and Huaguo Zhongzhi have not yet been successfully completed, and the ChiNext board is another major event in October, although they have the task of squeezing out the credit bubble, they also have the responsibility of maintaining the stable operation of A-shares.

In just one and a half hours at noon, the leaders of the two sides reached a consensus under the guidance of the leaders of the China Securities Regulatory Commission, which can be summarized in one sentence: slow decline, gradual decline, orderly decline, and we must not let the decline become a runaway horse!
As the time came to 1 p.m., just as the two major indices began to fluctuate, a flood of market-rescue funds poured into the index-weighted stocks.

[Stock Anomaly Alert]: Huaguo Shenhua saw a super buy order, amounting to 2000 million.

[Stock Anomaly Alert]: Ping An Insurance saw a super buy order, amounting to 1400 million yuan.

[Stock Anomaly Alert]: A super buy order of 1200 million yuan appeared for ICBC.

[Stock Anomaly Alert]: Huaxin Securities saw a super buy order, amounting to 1000 million.

All of a sudden.

Both major indices have shown a V-shaped turn.

3076 points.

3088 points.

3101 points.

Because the market rescue funds only bought large-cap stocks, this led to a problem: while the index was recovering, small and mid-cap stocks were still falling, with some even hitting the daily limit down in the afternoon.

[Shepherd's Flute]: Good news, the index rebounded to 3100 points in the afternoon; bad news, my stocks accelerated their decline to the daily limit.

[Violent Woman]: The index has returned to 3100 points, but my stocks still hit the daily limit down. Can anyone tell me what's going on?

[Three Feet of Water Pipe]: The familiar smell indicates that government funds have stepped in to rescue the market. Their classic tactic is to boost the index but not individual stocks.

[Polaris Has No Tears]: As a veteran stock investor who has experienced two stock market crashes, I added some blue-chip stocks yesterday. Now I've made the right bet. I'm eating disaster relief food, haha.

Some people may wonder why the government's bailout funds only buy large-cap stocks and not small- and mid-cap stocks. This can be understood by introducing macroeconomic and microeconomic concepts.

The Shanghai Composite Index and the Shenzhen Component Index are like the macroeconomy; as long as the macroeconomy improves, the microeconomy won't be too bad.

Large-cap stocks have a high weighting and are highly correlated with the Shanghai Composite Index and Shenzhen Component Index. A small amount of capital can be used to support the index during a decline. Furthermore, large-cap stocks are dominated by state funds and are not easily controlled by speculative capital or institutions.

Guided by the government's market rescue funds, the midday trading session was a foregone conclusion, with the index fluctuating around 3100 points, unable to rise or fall significantly.

Near the close of trading, small and mid-cap stocks saw a surge in buying, causing the Shenzhen Component Index, which had been languishing at low levels, to rise rapidly.

3 pm.

The two major indices have settled.

The Shanghai Composite Index closed at 3112.72 points, down 4.66%, with a turnover of 1575 billion yuan, an increase of 350 billion yuan compared to the previous trading day.

The Shenzhen Component Index closed at 12591.66 points, down 4.15%, with a turnover of 799 billion yuan, an increase of 150 billion yuan.

Although the index showed increased trading volume, the increase was not significant, with a volume of only 500 billion.

In summary, retail investors panicked, but not completely.

Although there was no complete panic, Zhang Yang's reputation among retail investors underwent an epic reversal, with the number of followers and posts on the Joker Speculative Capital Channel increasing rapidly.

[Hehuan Sect's Top Disciple]: I was wrong, I was wrong. I shouldn't have questioned the great Joker. Please, great Joker, explain tomorrow's market trend.

[Additional words]: There was once a stock market guru, Joker, standing in front of me, but I didn't cherish him. It wasn't until I lost 7 yuan in the stock market that I regretted it deeply. There is nothing more painful in this world than this. If God could give me another chance, I would say to that man, "Joker, I love you. Please give me the secret to recovering my losses in the stock market!"

[Xiaoxiao Loves Stocks]: I trusted the wrong person, Li Daxiao, this evil god. He's a fraud. From now on, I will unconditionally believe in the great god Joker. I want to be Joker's dog, woof woof woof.

[Hongxing Comes Out]: Joker is truly amazing. Back then, he was the only one on the entire internet who was bearish on A-shares. Honestly, he was able to withstand the pressure. Such a man is truly rare in this world!
As the number of posts on the Joker Speculative Capital Channel surged, Zhang Yang, after synthesizing all the market data, once again publicly expressed his views on the A-share market trend for tomorrow.

On August 12th, both major indices fell by more than 4%, with the 5-day and 30-day moving averages forming a death cross. Multiple technical indicators, including MACD, KDJ, and RSI, showed widening lines, indicating continued risk. Trading volume in both markets reached 50 billion yuan, suggesting that most investors holding trapped positions remained on the sidelines. To reverse the short-term downward trend, at least two large bullish candles with high volume are needed to release the trapped investors above.
[Before a large volume bullish candlestick appears, the top-level view remains unchanged. If the price turns positive with low volume, be wary of a false breakout during a downtrend. Remember, there are countless investment opportunities, but rash actions can result in significant losses. The above is a personal summary and does not constitute any investment advice. "Galaxy Top" will teach every investor who goes against the trend a lesson.]
(I believe in who I am, and I believe in tomorrow.)

(I believe youth has no horizon)
Just as Zhang Yang posted the message, his phone, which was on the table, suddenly rang.

“Dean Bao Xingwei.” Zhang Yang read the contact name and pressed the answer button, saying, “Hello, Dean Bao, what brings you here?”

"You've really made a name for yourself, kid. You actually managed to crash the A-shares market. Earth peak, Moon peak, Sun peak, what's the next peak?"

Bao Xingwei said, half-jokingly.

Zhang Yang looked at the post he had just sent and replied in a low voice, "If nothing unexpected happens, it should be the top of the Milky Way."

"..."

Bao Xingwei was silent for a second or two; he hadn't expected Zhang Yang to have a countermeasure.

What's the next one?

Galaxy top?
The top of a black hole?
The pinnacle of the universe?
"This kid not only has business acumen and an economic mind, but he also has a knack for coming up with names," Bao Xingwei couldn't help but think to himself.

After gathering his thoughts, he revealed his purpose: "I'll be going back to Shanghai this Saturday. There's an investment exchange forum in Lujiazui on Sunday. Why don't you come with me?"

“Okay, Mr. Bao, I’ll definitely go.” Zhang Yang agreed without hesitation.

He knew very well that Bao Xingwei's real intention was not what it seemed; attending the investment exchange forum was a pretense, and his true purpose was to appear on camera with him.

Why do they appear together on camera?

Clearly, they want to use their influence to protect Zhang Yang's every word and action. Being bearish in 2009 is a dangerous act, as it is easy for those with ulterior motives to make a fuss about it.

But if you have Bao Xingwei's connection, the situation is different.

Society is a big melting pot; what color a person becomes depends not only on their own abilities, but also on their family background and network of connections.

“Okay, you can prepare these next few days. We’ll talk about the rest when I get back to Shanghai,” Bao Xingwei said again.

"Understood, Mr. Bao. Please have your assistant send me the flight information so I can pick you up at the airport and also prepare a welcome banquet."

"Let's talk about it when the time comes. You have to remember that it's okay to be bearish on A-shares, but you can't blindly be bearish, lest someone with ulterior motives seize on your weakness."

"I know what I'm doing, Mr. Bao."

"Okay, that's all for now, bye."

"Let's talk again, Mr. Bao."

"Talk to you later."

As soon as the call ended, Bao Xingwei's assistant, Cheng Hongfa, immediately asked, "Mr. Bao, are you really going back to Shanghai to attend the investment forum?"

There was indeed an investment forum in Lujiazui this weekend; it's not just this week, there are investment forums like this almost every week.

Its purpose is to enhance the credentials of financial professionals.

Just like doctors, especially dentists, their resumes are full of honors, which seem impressive, but in reality, they are not very useful and are not as valuable as a bachelor's degree from a 985 university.

But if something exists, it must have its reason for existing.

If there's too much gold plating, it becomes difficult for others to distinguish between real and fake. It's like a 5-gram stone covered with 95 grams of gold; the first thing people see is the gold, not the stone.

However, in Cheng Hongfa's view, Bao Xingwei's participation in such weekly investment exchange forums is simply lowering his own value.

Bao Xingwei was well aware of Cheng Hongfa's thoughts. He said calmly, "Zhang Yang is a promising talent in finance. Besides, that kid knew to consult me ​​beforehand. Since I gave my approval back then, I have to be responsible for him to the end."

Before Cheng Hongfa could reply, Bao Xingwei continued, "Arrange your itinerary and try to arrive in Shanghai by Saturday afternoon."

Seeing that Bao Xingwei was determined to go his own way, Cheng Hongfa could only reply, "Okay, Mr. Bao."

……

And at the same time.

the other side.

Eastmoney Headquarters Building.

Chairman Shen Jun is currently in a state of utter chaos, angrily rebuking Chen Jia, the general manager of the financial editing department: "Why, why, why is our policy interpretation time always slower than that of Caiyan.com?"

"Did I raise a bunch of useless people?"

"tell me!"

Are you all a bunch of useless people in your department?

He never expected that Zhang Yang could accurately predict the decline of A-shares and reverse his reputation.

He never expected that even though Eastmoney had adopted a free value-added service model, it would still be led by the nose by Caiyan.com.

The keyword "joker" is appearing more and more frequently in Eastmoney's stock forum, Tonghuashun's online community, and other retail investor forums.

What does this mean?
This indicates that Zhang Yang is gradually gaining acceptance among retail investors.

If retail investors widely accept Zhang Yang's statements, and Zhang Yang himself is deeply associated with Caiyan.com, this will create a traffic-driving IP. Some retail investors will definitely use Caiyan.com to analyze the market just because of Zhang Yang.

Chen Jia was drenched in sweat, with beads of perspiration at his temples. He nodded repeatedly and said, "We will definitely make improvements when we get back, and strive to be faster than Caiyan.com in interpreting policies next time."

"Fight for it?"

Shen Jun said coldly, “I want a certainty. If you can’t do it, I’ll settle accounts with each of you, starting with you.”

"We received your message, Mr. Shen. We will certainly live up to your expectations." Chen Jia nodded quickly.

"Go back now. Show me your efficiency in the next few days."

Shen Jun emphasized again.

He was really angry this time.

Eastmoney has hundreds of financial editors, including specialized ones, but when it comes to crucial moments, they can't compete with the financial editors at Caiyan.com, which drives him crazy.

However, what Shen Jun didn't know was that what drove him crazy wasn't the financial editors at Caiyan.com, but Zhang Yang, who was working as a guest financial editor.

As someone who has lived two lives, Zhang Yang's ability to interpret policies and his cognitive thinking are far superior to those of ordinary people. He can almost immediately tell what a policy is trying to express.

After Chen Jia left the office, Shen Jun summoned the general manager of the business department.

Without wasting words, he stated his purpose directly: "Send someone to contact Li Daxiao and ask him if he is willing to be the spokesperson."

Shen Jun was truly at his wit's end. Caiyan.com was using personal IP to boost traffic, and he didn't have any good ways to restrict it, so he could only think of replicating it.

Of course.

He definitely can't become a traffic-generating IP.

Although Shen Jun has a formal financial background, his stock trading skills and policy interpretation abilities are quite average, and he doesn't meet the requirements for creating a stock trading IP.

That's why he thought of Li Daxiao, this "cattle-raising expert".

It wasn't just Shen Jun; the decision-makers at companies like Tonghuashun, Baidu Finance, Sina Finance, and Tencent Finance, seeing Caiyan.com's actions, all began to consider building their own corporate traffic IPs.

Currently, the most successful corporate traffic IPs in China include Alibaba's Ma Yun, Gree Electric's Dong Mingzhu, Tencent's Ma Huateng, and Wanda Group's Wang Jianlin.

Upon seeing this person, one can immediately associate them with the company behind them. This is the personal brand of a company, which can continuously generate traffic for the company.

However, a company's personal brand is a double-edged sword. While it can generate traffic, if the person being promoted falls from grace, it can damage the company's overall reputation.

This is why companies are very careful when choosing brand representatives.

……

As night fell, twilight descended.

When office workers and stock market investors returned home, they transformed into netizens and surfed the internet intensively, instantly causing online public opinion to reach its peak.

The battle has begun again! Zhang Yang, founder of Caiyan.com, has declared a "Galaxy Top," arguing that the A-share market has formed a death cross and is showing signs of declining volume, making a trend reversal impossible. Meanwhile, Li Daxiao, chief analyst at Yingda Securities, is calling for a "grass-eating bull," emphasizing that bulls need to bend over to eat their fill before continuing their upward climb!

Shocking! Galaxy Top vs. Grass-Eating Cow: Joker and Li Daxiao – Who is Really Friend to Retail Investors? Let me explain!

The expected decline has come true; the legendary Joker's prediction has come true. The A-share market has plummeted 360 points in six trading days, initiating the battle to defend the 3000-point mark. Is he truly capable, or just creating a fuss?

Li Daxiao's latest statement: The bull market is still there, just grazing. Once it finishes grazing, the Chinese stock market will experience an epic surge!

Numerous financial media outlets jumped in, eager not to miss out on this wave of traffic.

While Zhang Yang's "Galaxy Peak" and Li Daxiao's "Grass-Eating Cows" were trending on the internet, short market articles, like cockroaches in the shadows, quietly crawled out, confusing the public.

The article titled "The China Securities Regulatory Commission (CSRC) will stop approving mergers and acquisitions of listed companies," which started circulating on August 11, has now been modified with a few lines to become "In order to curb the speculation of junk stocks, the CSRC will stop approving mergers and acquisitions of listed companies." The credibility of the article has increased dramatically.

It was precisely these few words, "to curb the speculation of junk stocks," that led countless retail investors to believe this short article and begin to worry about the tightening of policies in the capital market.

Besides this short essay, several other short essays are also gaining traction.

1. Gree Group is in contact with Jicheng State-owned Assets to acquire Xiaoya Electric Appliances, formerly Jicheng Washing Machine Factory, and will position it as a second-tier white goods brand under the group.

2. The China Securities Regulatory Commission (CSRC) will soon review three index funds to guide long-term funds into the market.

3. In order to address climate change and implement energy conservation and emission reduction targets, the country will set a 15-year plan target of increasing forest area by 4000 million hectares.

4. As the total import and export volume decreased by 22.7% year-on-year from January to July, more robust export tax rebates, trade financing and other policy measures will be introduced one after another to stabilize the external demand market.

Although it's an unverified post, there's no smoke without fire, and nobody knows when it might be proven true.

This is similar to the difference between official history and unofficial history; where the official history is unreasonable, the answer may be found in the unofficial history.

That's why Zhang Yang doesn't miss any market-related articles and collects them into a document.

Besides the unverified market speculation, there were also several official data releases on August 12th.

1. At the end of July, M2 broad money supply increased by 28.42% year-on-year, M1 narrow money supply increased by 26.37%, CPI decreased by 1.8% year-on-year, PPI decreased by 8.2%, the decline in industrial product prices narrowed, and the signal of economic stabilization strengthened.

2. In July, national fiscal revenue increased by 10.2% year-on-year, maintaining positive growth for three consecutive months. Among them, tax revenue increased by 6.5% year-on-year, reflecting signs of economic recovery. From January to July, the cumulative fiscal revenue reached 5.1 trillion yuan, completing 66.7% of the annual budget.

3. China Southern Airlines' Taiwan branch was officially established in Taipei. This marks the first time a mainland company has obtained a business license in Taiwan, signifying that cross-strait aviation cooperation has entered a substantive stage. China Southern Airlines, along with five other mainland airlines including Xiamen Airlines, Air China, and Hainan Airlines, received approval on the same day.

Sitting on the sofa in his apartment, Zhang Yang, organizing investment documents, looked at the existing news and muttered his analysis: "M2 and M1 money supply have both increased significantly, market liquidity is more abundant than I predicted, and fiscal revenue has reached 66.7% in just seven months, so achieving the annual target shouldn't be a problem. It seems that China's economic recovery is imminent." Although he knew that China's economy would definitely recover, he really didn't know when exactly the recovery would begin.

Now it seems…

Soon!

Data doesn't lie!

Even if the data for a particular month is incorrect, or even the data for half a year is incorrect, any experienced market analyst can make a horizontal comparison to find data that is closer to the truth.

……

Time flies, and two days later...

Friday, September 14st.

The reputations of Zhang Yang and Li Daxiao shifted like a deck of cards. On August 13th, yesterday, the A-share market rebounded again, with the Shanghai Composite Index closing at 3140 points, up 0.89%, and trading volume at 1386 billion yuan, showing a trend of rising on lower volume.

However, Zhang Yang predicted in his post on August 12 that if the price rises with reduced volume, it might be a false breakout by the main players as a continuation pattern in the downtrend.

Whether this is a continuation of the downtrend or not, the answer will be revealed today.

at the same time.

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

Underground Parking Lot.

"Bam—"

Tao Yuang slammed the car door shut, the confusion in his eyes vanishing instantly.

Just last night, Zhang Yang had discussed today's trading strategy with him in detail. If nothing unexpected happens, he will completely say goodbye to Ou Guiyan's "Old Yanjing Douzhi".

Because he was so confident, he switched back to crocodile skin shoes, which represented wildness and aggression—his favorite.

Back at his workstation at China Asset Management, assistant Lai Weijie immediately offered his help, "Brother Tao, have you had breakfast? A nice new breakfast shop just opened nearby. I was just thinking of going to buy some breakfast. How about I get you some?"

"Need not."

Tao Yuang coldly refused.

Now he has only one thought: to maximize his returns, break free from Ou Guiyan's workplace control, and live a second life!
"correct."

Tao Yuang suddenly thought of something and looked at Lai Weijie, saying, "If it's on your way, could you bring one back for Junior Sister He?"

He doesn't need it, but He Jing might. He can use this opportunity to show off and get He Jing to whisper sweet nothings in his ear.

After getting to know them over this period of time, he has roughly figured out that Zhang Yang and He Jing's relationship is unusual; even if they are not boyfriend and girlfriend, they are still in some kind of intimate relationship.

Last week, he had drinks with Zhang Xiaolong, the manager of Hongyue Capital, who inadvertently revealed that Zhang Yang's previous capital financing was through a flat-chested woman's bank card.

Upon hearing the keyword "A", Tao Yuang immediately thought of Xu Zhiruo. After confirming it with Zhang Xiaolong's photo, Tao Yuang also confirmed that the girl was indeed Xu Zhiruo.

However, he didn't think much of it. College students, after all, break up and get back together all for fun.

Tao Yuang had no fewer than six girlfriends during his first three years of university. It wasn't until the first semester of his senior year, when he needed to find a job, that he started to consider Yue Shuxue.

When Lai Weijie heard that Tao Yuang was going to bring breakfast to He Jing, his heart skipped a beat. He thought to himself, "Is Tao Yuang going to cheat on me? He Jing attended the Lujiazui Economic Forum with Zhang Yang last time. Maybe the two of them have some kind of intimate relationship. Zhang Yang helped me before. I can't let him be cheated on. I have to test the waters for him."

Thinking of this, he pretended to smile mischievously and said, "Senior Brother Tao, are you perhaps thinking of a second spring?"

"Cough cough!"

Tao Yuang suddenly couldn't catch his breath, which triggered a series of dry coughs.

A few seconds later, his eyes flashed with anger as he glared at Lai Weijie and said, "Don't talk nonsense. I'm only giving you preferential treatment and support because you're alumni. As for relationships, Xuexue is enough for me."

"I'm sorry, Senior Brother Tao, I misspoke. Please forgive my rudeness." Lai Weijie lowered his head silently, but inwardly he breathed a sigh of relief.

If Tao Yuang and Zhang Yang were to clash, he would choose the latter without hesitation.

Although Tao Yuang did indeed have a mentoring role, Lai Weijie also knew that it was Zhang Yang who took care of the 09 graduates of Shanghai University of Finance and Economics behind the scenes, and the mentoring role should be attributed to Zhang Yang.

"Don't talk nonsense. Go buy breakfast and give one to all the alumni of Shanghai University of Finance and Economics."

To avoid suspicion, Tao Yuang expanded the breakfast delivery service to all alumni of Shanghai University of Finance and Economics working at China Asset Management, which put Lai Weijie under immense pressure, but he still chose to carry it out.

Tao Yuang finally breathed a sigh of relief after Lai Weijie left.

Others might not know Zhang Yang's identity, but he did. Why would he bother competing with that guy for a woman?
Tao Yuang wasn't stupid. It wasn't worth offending a speculative investor and a company CEO for a woman, especially since he needed Zhang Yang to get rid of Ou Guiyan's control.

Even if he really wanted to have his cake and eat it too, with his million-dollar annual salary, why would he have trouble keeping beautiful women as mistresses?

For ordinary people, beautiful women are a scarce resource, but for the wealthy, beautiful women are all too common.

Even the most exceptional beauties seem so abundant in the face of billions of people worldwide.

"Buzz-"

Tao Yuang's pocket vibrated.

He took his phone out of his pocket and checked the unread QQ messages.

[Zhang Yang]: Use the available funds to issue it.

Upon seeing that it was Zhang Yang's message, Tao Yuang immediately perked up and quickly typed a reply: "Wait a moment, I just got back to the company."

[Zhang Yang]: Hurry up, the market will open in half an hour. I need to double-check the available funds to avoid any mistakes.

Zhang Yang has always acted cautiously. He may not be able to do things perfectly, but he will try his best to pursue perfection.

[Tao Yuang]: Soon.

After replying to the message, Tao Yuang quickly opened his company computer to confirm.

The "Huaxia Healthcare Value Mixed Fund A" he manages has a 30% adjustable quota, which is not restricted by investment areas and can also be used to subscribe to IPOs.

Because its returns lagged behind those of similar funds, many investors chose to redeem their shares, causing the fund's total value to drop to 17.6 billion yuan.

In other words, Tao Yuang can mobilize a total of 5.28 million yuan.

Although 5.28 million can be mobilized, the fund contract also stipulates that the holding of a single stock cannot exceed 20% of the total value, which is 3.52 million Chinese yuan.

Of course.

Tao Yuang could choose to violate the rules.

As long as the returns of the mutual funds he manages can improve, the fund company leaders will turn a blind eye.

As for whether fund investors agree or not?

The money is in the hands of fund managers, and with quarterly disclosures, even if it's used for insider trading, fund investors won't know. It doesn't matter whether you agree or not.

[Tao Yuang]: 3.52 million, at most 5.28 million. If it exceeds 5.28 million, I will think of other ways.

He has decided to take a gamble and doesn't care about the consequences of breaking the rules.

This world is very realistic; rules can be broken by interests, and only "honest people" will adhere to the established rules.

……

Financial Research Network office space.

Finance meeting room.

After seeing Tao Yuang's message, Zhang Yang looked at Liao Guopei and Lin Guangchang and said, "Public funds can buy up to 5.28 million, plus our existing 1.656 million, so we have 6.936 million available, which is more than enough to overpower the major shareholders."

"7 million yuan, wow, and it has to be a public fund institution." Lin Guangchang couldn't help but exclaim, his eyes sparkling with longing.

If he also had formal training, he would probably be a fund manager now, and maybe even a private equity manager.

Liao Guopei's eyes were sharp, and he rubbed his hands together, saying, "We now hold 6551.04 million shares, which is almost all the retail investors' shares. Haitong Foods has 1.65 million shares in circulation, so we still have less than 1 million shares left."

"Based on the seven consecutive days of decline and the share price of 3.83 yuan, we would only need less than 3.83 million yuan to acquire 100% of the circulating shares, which is indeed more than enough, just as Joker said."

As soon as he finished speaking, Lin Guangchang immediately chimed in, "At this price, the institutions holding the position shouldn't sell."

"Definitely, but it doesn't matter. We have plenty of leverage. If we agree, we'll win together. If not, we'll fight until they do."

Zhang Yang smiled faintly.

Although his tone was calm, both Liao Guopei and Lin Guangchang could sense that this young man was not joking.

All the agencies have been mobilized; if other agencies don't cooperate, then it'll come down to who has the bigger fist.

While Zhang Yang, Liao Guopei, and Lin Guangchang were chatting, the time quietly reached 9:15. Haitong Foods predictably hit its daily limit down, currently trading at 3.45 yuan.

With no one manipulating the market or causing any trouble, 80% of the retail investors in the stock were shaken out.

"No problem, it will open at the daily limit down."

"If we achieve eight consecutive limit-up days, we can then push the price up to the limit-up price."

Liao Guopei and Lin Guangchang were somewhat excited; the muscles in their arms were twitching incessantly, as if they were sensing a strong signal from their brains and were trembling uncontrollably.

Zhang Yang: "Once the 30-minute mark is reached, our mutual fund will push the price up, and we will sell 1000 million shares to him at the limit up price."

"understand!"

"take note of it!"

Liao Guopei and Lin Guangchang responded quickly.

At 9:30 a.m., the two major A-share indices opened with divergence. The Shanghai Composite Index opened at 3138.15, down slightly by 0.07%, while the Shenzhen Component Index opened at 12269.49, down by 1.84%.

Judging from the index alone, it is clear that small and mid-cap stocks collapsed, and market funds, or rather, government bailout funds, flowed to heavyweight index stocks, stabilizing the Shanghai Composite Index.

Zhang Yang only glanced at the overall market and didn't pay any more attention. Now, he needed to be fully focused on controlling Haitong Foods.

"It's time to push it up."

When these words were spoken, Tao Yuang, who was far away at China Asset Management, seemed to sense something and immediately began to make a large-scale upward attack.

50 million.

30 million.

20 million.

With less than 2 million yuan, he drove Haitong Foods to its daily limit, a dramatic rise from 3.45 yuan to 4.21 yuan in a single day. This demonstrates just how concentrated Haitong Foods' circulating shares are.

"1000 million shares were dumped, split into smaller orders, and the intraday trading volume turned from high to low."

"clear."

"OK."

Zhang Yang, Liao Guopei, and Lin Guangchang quickly sold off their shares, creating a sense of panic and fear among the remaining retail investors who were desperately selling off their shares.

100 shares.

300 shares.

700 shares.

Seeing this, Su Jing, who was far away at Huitianfu Fund, frowned and said, "It's already reached 4.21 yuan so quickly, with tens of thousands of lots traded. How much capital does Fuchun Road still have?"

"Could this be someone who isn't a retail investor?" Pang Sa suddenly interjected.

"If it's not retail investors, then it's wash trading? What is Fuchun Road trying to do?" Su Jing retorted.

Ouyang Qinchun, who was standing to the side, thought for a moment and said, "Could it be that they are deliberately creating liquidity to attract retail investors to take over the shares?"

"possible!"

Su Jing thought for a moment and then opened the fund manager group for "Haitong Foods".

[Huitianfu Fund - Su Jing]: Fuchun Road may not be able to hold on and is trying to save itself. Should we try to drive it down to the daily limit? Force it to hand over all its shares at the daily limit?
Not a moment.

A fund manager replied immediately.

[China Asset Management - Qi Zhenbang]: The price of 4.21 yuan is too low. He may still have hundreds of millions of yuan in his hands. If he is manipulated by the speculators, he will suffer huge losses.

[Bosera Funds - Yuan Yutang]: Manager Qi's statement makes sense, but I don't think he has 4 million yuan in his hands.

[Fullgoal Fund - Kuang Yongrui]: Why are you so sure?
[Bosera Funds - Yuan Yutang]: I've been following this speculative investor from Fuchun Road for a long time. When he was speculating on Rhine Biologics and Jianfeng Group, he invested tens of millions of yuan in total, following the lead of other investors. Later, he manipulated the market for Kainuo Technology, and let's say he made 1 million yuan. Then, with his subsequent fishing trading strategy, let's say he made another 1 million yuan. At most, his available funds are 3 to 4 million yuan. Now, I estimate that he still has at most 1 million yuan in funds.

[E Fund Management - Lin Hai]: If that's the case, it seems he really has run out of funds. He even bought 2 million yuan worth of shares last time, but unfortunately, the market sentiment still didn't pick up.

[Fullgoal Fund - Kuang Yongrui]: Give me a straight answer, how are we going to proceed?
When Kuang Yongrui uttered those words, the other fund managers fell silent; no one was willing to be the first to speak out.

Su Jing did not completely believe Yuan Yutang's words, but went to the Dragon and Tiger List to verify it himself. For the first time, "Fuchun Road" showed a large amount of funds.

Not tens of millions!
It's only a little over seven million!

"With less than 800 million, it's impossible for it to grow to over 5 million in just three months, right?"

Suddenly, Su Jing remembered a rumor: someone had investigated and found that "Jiangzhe Huaxin Securities Fuchun Road Branch" was the designated securities branch of two off-exchange margin trading companies.

Is it possible to grow an initial investment of 800 million to over 5 million within three months?
Have!
Make money with leverage, then add more leverage!

"Snapped--"

Su Jing slapped his thigh and said in a deep voice, "Leverage! Fuchun Road must have used off-court leverage, that's why they're in such a hurry to save themselves, hahaha, that's it!"

"Leverage? What leverage?"

Ouyang Qinchun inquired.

Su Jing didn't answer her, but instead typed to notify the other fund managers: "Fuchun Road most likely used leverage, which is why it's in such a hurry to save itself. 3.45 yuan is very likely close to its margin call line. If we can force liquidation, firstly, it can dispel retail investors' concerns about buying and gather buying support, and secondly, it can absorb all of its shares, which is at least 40 to 50 million shares!"

　On August 29th, the Shanghai Composite Index reached 3857.93 points. Call 00005793 across the internet to join the group and receive a free KFC meal.
　　
　
(End of this chapter)