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

Chapter 205 "Market Control" Dragon and Tiger List, A-shares fall below 3000 points

Financial Research Network office space.

Finance meeting room.

When Haitong Foods saw a few dozen small orders being placed intermittently, Liao Guopei and Lin Guangchang looked at Zhang Yang with disbelief.

"It seems like the selling has stopped."

Zhang Yang was so engrossed in the computer screen that he didn't notice the glances from his two "accomplices."

1 seconds.

2 seconds.

3 seconds.

Seeing that the two did not respond for a long time, Zhang Yang finally looked away from the screen.

Seeing the mixture of surprise, astonishment, and blankness in their eyes, he smiled faintly and asked, "What's wrong with you two?"

Liao Guopei blinked, as if he had regained his senses, and asked in a serious tone, "Joker, tell me honestly, you don't have any shady secrets with the leaders of the China Securities Regulatory Commission, do you?"

"Could it be that she's selling her body?" Lin Guangchang couldn't help but add.

The CSRC's clarification announcement is a huge boon for stocks with "backdoor listing" expectations, allowing funds that were previously afraid of the government's crackdown to re-enter the market.

Even though the number of buyers involved in Haitong Foods was not large, in the situation where they were about to run out of funds and needed to call for institutional support again, the entry of retail investors was undoubtedly a timely help.

In addition, Lin Guangchang had been working in the workplace for more than ten years, and he was very clear about the personal private lives of his superiors.

Don't be fooled by their impeccable attire and gentlemanly demeanor; in reality, they are all driven by lust and will use their power to subject newcomers to workplace manipulation.

Young men in their early twenties like Zhang Yang, who are handsome, are most popular with female leaders.

Seeing that Liao Guopei and Lin Guangchang were going off on a tangent, Zhang Yang quickly denied it, saying, "Don't make wild guesses. If I had a relationship with a female leader at the China Securities Regulatory Commission, why would I even be running a financial research website? I would have already started a private equity firm with other institutions and been colluding with them."

The A-share market is the track, investors are the athletes, and the China Securities Regulatory Commission (CSRC) is the referee. If he could really control the CSRC, let alone stock trading, just considering the "securities license," he could simply let them issue securities licenses when the time is right, and that would be the end of it. Why would he bother to painstakingly run the financial research website?

It is precisely because he lacks that connection that Zhang Yang needs to make Caiyan.com the industry leader; only in this way can he secure his position.

"That was really a coincidence?"

Liao Guopei still felt it was too much of a coincidence.

Lin Guangchang, standing to the side, smiled and answered for Zhang Yang, "It can only be a coincidence."

"It's not entirely a coincidence. The article titled 'To curb the speculation of junk stocks, the China Securities Regulatory Commission will stop approving mergers and acquisitions of listed companies' appeared three days ago. At that time, there wasn't much of a buzz, but the public opinion fermented again. This allowed us to bet on the expectation of a denial. I just didn't expect it to be such a coincidence, which just happened to help us."

As soon as he finished speaking, Zhang Yang looked back at the computer screen and said, "Regardless of whether or not there is this clarification announcement, with the backing of public funds, our opponents are bound to lose."

The CSRC's clarification was unexpected, but whether or not there was this clarification announcement, it would not affect Zhang Yang's control of the stock, because he still has Tao Yuang's public fund funds to back him up.

If the opposing side dares to dump all their shares, they can actually catch them all.

"That's true."

"really."

Liao Guopei and Lin Guangchang nodded slightly.

"Send me your holdings chart; it's time to start managing this stock."

Zhang Yang added.

Now that they have a high degree of control over Haitong Foods, and want to make a killing off retail investors, they need to spend time operating it.

How to operate it?

1. Online promotion.

2. Connect the plates.

Whether it's creating hype online or achieving consecutive limit-up days, the essence is to attract the attention of retail investors and then tell the "story" to those who bought at high prices.

Just like attracting investment, if you want to win over the "big spender," your story needs to be touching and you need to show them the future returns. Finally, you need to guide the "big spender" to broaden their horizons. If you follow these three steps, you can basically secure a substantial investment.

Liao Guopei: "I sent it to you on QQ."

Lin Guangchang: Me too.

When screenshots of holdings from multiple securities accounts were sent to Zhang Yang's QQ, Zhang Yang immediately opened the document and tallied the number of shares and the average holding price.

Before the opposing side adopted the "order placement strategy," the three "Liu, Guan, and Zhang" held 6960.25 million shares, with an average holding price of 5.07 yuan, and they also had 1.557 million yuan in available funds.

After that, they had two more large-scale accumulations of shares, one of which was 7500 million shares with an average transaction price of 3.84 yuan, and the other of which was 5000 million shares with an average transaction price of 3.88 yuan.

In other words, Zhang Yang, Liao Guopei, and Lin Guangchang currently hold a total of 1.02 million shares, with an average holding price of 4.64 yuan, and have 3070 million yuan of available funds remaining.

"1.02 million shares, plus the 3295 million shares held by Tao Yuang, account for 81.79% of the circulating shares, which is already a highly controlled situation," Zhang Yang muttered to himself.

After compiling all the data, he looked at Liao Guopei and Lin Guangchang and said, "Currently, we hold 1.02 million shares, plus 3295 million shares held by institutions, which accounts for 81.79% of the circulating shares. This afternoon, we will transfer the shares held by the Fuchun Road seat to other seats to prepare for the price increase."

It's worth mentioning that on August 13th, which was yesterday, they transferred the funds to other accounts.

All the funds used to purchase today were not for the Fuchun Road seat.

They sold 1000 million shares to Tao Yuang at 4.21 yuan. Now they can still trade more than 3000 million shares back and forth. If nothing unexpected happens, retail investors will start to take the bait when the stock exchange's trading data is released today.

Because on the Dragon and Tiger List, Fuchun Road will show an outflow of more than 7000 million RMB, creating the illusion of cutting losses to save itself.

But do retail investors know this?

they do not know.

After reviewing the Dragon and Tiger List information, they would most likely conclude that the ruthless bookmaker Fuchun Road lost and suffered a significant loss.

To scam retail investors, you have to use your brain and gradually eliminate their concerns.

"They're finally about to push the price up; will it go straight to the limit up this time?"

Lin Guangchang inquired.

Liao Guopei, standing to the side, looked at Zhang Yang, also wanting to know what the other person was thinking.

"How many consecutive daily price limits did the stock price rise at most in the first half of the year?" Zhang Yang asked the two of them in return.

"I don't really know about that. I just remember that Rhine Biologics had a record of 12 consecutive limit-up days, Gaochun Ceramics had 11 consecutive limit-up days, and ST Minmindong (now Huaying Technology) had 12 consecutive limit-up days. I haven't paid much attention to other stocks."

Lin Guangchang tried hard to recall, but could only name three stocks.

"ST Minmindong was a stock that repeatedly hit the daily limit up. In 2006, it hit the daily limit up for two consecutive days before being suspended from trading. It resumed trading in February 2009 and then hit the daily limit up for 12 consecutive days before being suspended from trading again. On the day it resumed trading after the equity split reform, it rose by more than 70%."

Liao Guopei seemed to have deliberately looked into it, and revealed the details of Mindong.

According to the Shenzhen Stock Exchange rules, there are no price limits on the first day of trading after the share reform and resumption of trading, and no ex-rights reference price is calculated. Therefore, Minmindong was able to rise by 73% on April 9, the day it resumed trading.

"ST Minmindong".

Zhang Yang remembered it too.

During the Huaxin Securities Simulated Trading Competition, Chen Chuan and Wang Liu bought this stock, but they were just there to take over the losses.

Zhang Yang opened the daily chart of ST Minmindong. This stock hit the daily limit on December 21, 2006, closing at 4.6 yuan. After hitting the daily limit again on the 22nd, it was suspended from trading for almost 3 years.

今年2月4号复牌后，先是走出了12连板到了8.66元，紧接着停牌到4月8号完成股权分置，于4月9号上涨73.67%，收在了15.04元，这只票甚至在8月3号，还突破了4月前高，来到了18.87元。

The price rose from 4.38 yuan to 18.87 yuan, an increase of 330.27%, and to 15.04 yuan, an increase of 243.38%.

After quickly scanning the screen, Zhang Yang said, "Based on a 10% daily limit, it would take 13 consecutive daily limit increases to reach a 243.38% increase. Haitong Foods is currently at 4.21 yuan. The first daily limit is 13.21 yuan after 13 consecutive daily limit increases. That's about right."

"Our goal is 13 consecutive limit-up days?" Liao Guopei immediately became extremely focused.

"Why 13 consecutive limit-up days? Why don't we create a phenomenal stock of the year, like 30 consecutive limit-up days!"

Lin Guangchang was eager to try.

Catching the biggest stock of the year is every stock investor's dream, because the return on a single stock can potentially reach five times or more.

像2007年的华国船舶，1月4号开盘价31.82元，到了10月11号，股价已经来到了300元，是名副其实的10倍大妖股。

Which stock investor hasn't fantasized about buying a top-performing stock of the year with all their funds and turning 10 into 100 million?
Compared to retail investors' efforts to catch the biggest speculative stocks of the year, speculative funds and institutional investors also have the dream of "creating" the biggest speculative stocks of the year.

One truly phenomenal stock of the year is enough to make speculative capital and institutional investors go down in history.

“The risk of a ‘monster stock’ this year is too high, and it’s easy to be met with the CSRC’s iron fist.” Zhang Yang rejected Lin Guangchang’s suggestion, as he did not want to take unnecessary risks for the sake of empty fame.

It's important to understand that creating a top-performing stock of the year is no easy feat. The stock must possess core value for its price increase and cannot be a worthless stock. If it's purely a speculative play, the China Securities Regulatory Commission (CSRC) will not hesitate to crack down on it.

Looking at the biggest stocks of the year in history, they all have one thing in common: value reversion and future expectations.

For example, Huaguo Shipbuilding was formed by the injection of core assets such as 100% equity of Shanghai Waigaoqiao Shipbuilding and 100% equity of CSSC Chengxi Shipbuilding through a private placement, thereby achieving the overall listing of the core civilian products business of CSSC Group.

Following the restructuring, the company transformed from a single marine diesel engine manufacturer into a giant covering the entire shipbuilding, ship repair, and power industry chain. Its net assets jumped from 12 billion yuan to 132 billion yuan, and its net profit is expected to surge from 2.5 million yuan to 15 billion yuan.

Haitong Foods is expected to be acquired through a reverse takeover, but nothing is finalized yet. In essence, it's a worthless investment.

Junk tickets will be multiplied tenfold?
Zhang Yang didn't want to be investigated.

"Joker is right. Haitong Foods doesn't yet meet the basic requirements for becoming a top performer this year. The risk is too high. Let's just take our share of the profits within the current price range."

Liao Guopei offered his opinion.

Like Zhang Yang, he also felt that manipulating the annual speculative stocks was too risky; if they were investigated, none of them could escape.

It's not that speculative funds and institutional investors lack the ability to keep the stock price rising indefinitely; it's just that the China Securities Regulatory Commission (CSRC) is above them, so they don't dare to act recklessly.

Without the China Securities Regulatory Commission (CSRC) and without considering any potential buyers, speculative capital and institutional investors could easily find a small-cap company with a market capitalization of 10 billion yuan, buy up all its circulating shares, and create not only 10-bagger stocks, but also 100-bagger or 1000-bagger stocks.

"Hehe, I was just saying it offhand," Lin Guangchang said, trying to save face. He then looked at Zhang Yang and said, "Then let's listen to Joker. Haitong Foods will have 13 consecutive limit-up days."

"Yes, proceed with caution." Zhang Yang replied, then added, "Let's be lenient with this round of consecutive limit-up days."

"A benevolent estate? How is it benevolent?"

"Reverse the vehicle with the connecting plate?"

Liao Guopei and Lin Guangchang quickly pressed for more information.

Zhang Yang glanced at the time; it was already 11:34, four minutes after the A-share market closed for the morning session. He closed his laptop and said, "It's lunchtime. Let's eat and talk."

……

And at the same time.

the other side.

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

Tao Yuang's purchase of 3295 million shares of Haitong Foods in a single day could not be concealed. Huaxin Securities' Yanjing headquarters detected the violation, and since it was a fund manager from one of their own holding institutions, they immediately called Huaxia Fund's Shanghai branch to inquire about the specifics of the illegal purchase.

The inquiry was passed down through layers of intermediaries. When it finally reached Lin Weiguo, his expression changed drastically. He forced a smile and said, "Don't worry, Mr. Mao. I will investigate this matter thoroughly and clearly. I will give you a reply before 6 p.m. today."

"I hope you can do it, otherwise, don't get yourself into trouble," the person on the other end of the phone warned.

"We will definitely have a detailed reply here, please rest assured. Mr. Mao, please wait a few hours," Lin Weiguo assured him.

"Go and take care of things."

"Okay, Mr. Mao, we'll talk later."

As soon as the call ended, Lin Weiguo's smile vanished, and his face darkened.

He bought 3295 million shares of Haitong Foods in a single day. He didn't know what Tao Yuang was up to, but one thing was clear: the higher-ups needed a detailed report.

Without hesitation, he immediately left the office and headed towards Tao Yuang's workstation.

"A new Japanese restaurant just opened in the mall downstairs. How about we go try it out, Brother Tao?"

"I don't want to eat Japanese food."

"Want some braised food?"

"I'm tired of this, let's just have some noodles."

"If you're having noodles, how about oil-splashed noodles? I know a place that makes them..."

Lai Weijie and Tao Yuang were chatting and discussing what to eat for lunch.

Before Lai Weijie could finish speaking, Lin Weiguo, who had come to the two of them, said with a gloomy face and a cold tone, "Come out with me."

"Coming so soon?"

Tao Yuang murmured to himself.

Knowing he had done something wrong, he didn't say a word, but followed Lin Weiguo to the conference room.

"Click——"

The meeting room door was locked.

Lin Weiguo stared at Tao Yuang with a complex expression and said, "Are you taking revenge on me?"

The reason why the "Huaxia Healthcare Value Mixed Fund A" has significantly underperformed the sector is that Lin Weiguo instructed him to engage in insider trading.

Tao Yuang has now illegally purchased 3295 million shares of Haitong Foods without making a public disclosure, prompting the stock exchange and securities companies to call China Asset Management, requesting a detailed explanation.

Lin Weiguo was Tao Yuang's direct superior and should bear joint responsibility. He also subconsciously believed that Tao Yuang was retaliating against him.

“I didn’t retaliate against you, Manager Lin. I just saw a gold mine.”

Tao Yuang said neither humbly nor arrogantly.

Lin Weiguo frowned and pressed, "What gold pit?"

"Haitong Foods, with its stock price starting with 3, is a once-in-a-lifetime opportunity. I thought it could rebound, and now I've been half right. The market news article, 'To curb speculation in junk stocks, the China Securities Regulatory Commission will stop approving mergers and acquisitions of listed companies,' has been debunked, and the stock price has successfully hit the daily limit."

Tao Yuang defended himself.

Lin Weiguo, who had initially been ready to interrogate him, paused for half a second, his anger subsiding by half, but he still frowned and said, "So, you're saying that you risked punishment by illegally buying in order to increase the return on your fund?"

“That’s right,” Tao Yuang nodded.

He couldn't reveal Zhang Yang's involvement, as that would constitute stock price manipulation and insider trading, ruining both of them.

The safest and optimal solution is that Tao Yuang saw the golden opportunity and then mobilized public funds to buy in.

Lin Weiguo remained silent for a long time, still somewhat disbelieving, and said, "Can you take responsibility for what you say? If insider trading is found, even I can't protect you."

"can."

Tao Yuang replied without hesitation.

to be honest?
Only children tell the truth.

To succeed in the workplace, everyone has to lie. Besides, confessing now would be handing Lin Weiguo leverage over him, and Tao Yuang wouldn't be that stupid.

Lin Weiguo: "Since that's the case, write a 'Detailed Explanation of Irregular Stock Purchases' and submit it to my office before 3 p.m.

"Yes, Manager Lin."

Tao Yuang responded and was about to leave the conference room when Lin Weiguo called out to him, "Wait."

"what happened?"

Tao Yuang was puzzled.

Lin Weiguo's eyes were complicated as he said in a deep voice, "If you have any opinions about me, you can say so directly. Don't do anything foolish. You're still young."

"Hahaha."

Tao Yuang couldn't help but laugh out loud. Sure enough, people only give in and beg for mercy when their own interests are harmed.

He hadn't forgotten the scene where Lin Weiguo publicly called him out every day not long ago.

However, he really had no intention of retaliating. He then joked, "Manager Lin is so funny. You made me laugh. You are my guiding light. How could I retaliate against you? I just want to improve the fund's return rate. So far, it seems to be working well."

"Just say what's on your mind, don't keep it bottled up. We're all men, so speak your mind."

"Everything I said is true."

The air in the conference room seemed to freeze for a few seconds. After a few seconds of eye contact, Lin Weiguo finally relented and said, "Okay, let's go eat first. Remember to write the report."

"take note of it."

Without hesitation, Tao Yuang unlocked the door and left the conference room.

Looking at the open conference room door, Lin Weiguo narrowed his eyes. He already sensed that Tao Yuang was difficult to control. Now, Lin Weiguo could only hope that Tao Yuang was truly after the return on investment. If he wanted to do something else, he would have to cut his losses.

……

Beijing, China.

Scene from the Finance Press Conference.

When the leader finished reading the script and the Q&A session began, Dow Jones Newswires reporter Hahn Ramirez immediately raised his right hand.

After seeing this, the host, Li Bei, gestured and said, "The one in the blue shirt."

"This is Dow Jones Newswires," Hahn Ramirez introduced himself before posing his question: "The Chinese stock market surged by over 90% in the first half of the year. Many analysts believe there is a bubble. How does the Ministry of Finance plan to work with the central bank to prevent a bubble from forming?"

He quickly added after he finished speaking, "Would you consider adjusting the stamp duty?"

On July 30, a short article circulated on financial websites such as Caiyan.com, Tonghuashun, and Eastmoney, stating that the government would slightly increase the stamp duty to tighten market liquidity.

At today's "Finance Press Conference," many individual investors and institutional investors are waiting for official confirmation.

Spokesperson Qian Zhenghao hesitated for a moment, clearly not expecting Hahn Ramirez to ask about stamp duty.

Lacking prior preparation and unsure whether there was actually a plan to raise prices, he could only offer a bureaucratic response: "Next, the Ministry of Finance will continue to cooperate with relevant departments to improve and perfect the market's inherent stability mechanisms to ensure the stable and healthy development of the capital market, especially the stock market."

"Next person."

Host Li Bei looked at the other reporters.

Qian Zhenghao's evasive remarks immediately aroused market suspicion, and details of the stamp duty increase also appeared on stock forums.

A netizen named "Little Rabbit Baby" posted: The securities transaction stamp tax may be changed from being levied unilaterally (only paid by the seller) to being levied bilaterally, or the tax rate may be increased from 0.1% to 0.3%, and a major market cooling is imminent.

All of a sudden.

Retail investors panicked.

[Rampaging Little Jump]: Seriously? A two-sided tax? A 0.1% tax rate is already quite high; the cost of buying and selling stocks is too high!

[Random Life Event]: If you don't understand, is it a matter of resuming bilateral taxation, or is the tax rate being increased from 0.1% to 0.3%?

[Past Events]: Why can't we both restore bilateral collection and raise the tax rate from 0.1% to 0.3%?
[浪里个嘷]: Awesome, if that's really the case, then who would still play short-term trading? The money they make wouldn't even be enough to pay taxes.

Before retail investors could even process the stamp duty announcement, other announcements followed one after another, as if they had been secretly planned.

1. Six ministries plan to introduce policies to curb the rapid rise in housing prices, including canceling the 30% discount on mortgage interest rates, increasing down payment ratios, and strengthening land supply supervision.

2. The central bank may tighten liquidity by raising the reserve requirement ratio or conducting open market operations to ensure the return of credit funds.

3. Japan and the EU will consider strengthening testing procedures for imported food, especially ready-to-eat foods exported from China.

The three market-related articles, coupled with the previous article on stamp duty, have brought retail investors' fear of heights to a peak.

1 pm.

The moment the A-share market opened.

[Stock Anomaly Alert]: Vanke A shares saw a massive sell order of 1700 million yuan.

[Stock Anomaly Alert]: Huaxin Securities has seen a massive sell order of 1300 million yuan.

[Stock Anomaly Alert]: Poly Developments saw a massive sell order of 2300 million yuan.

[Stock Anomaly Alert]: A super sell order of 1900 million yuan appeared in ICBC.

The real estate sector led the sell-off, which then dragged down the securities and banking sectors. After fluctuating for two hours in the morning, the Shanghai Composite Index deflated like a punctured balloon and plummeted.

3186 points.

3154 points.

3122 points.

When the Shanghai Composite Index reached around 3100 points, investor panic intensified.

[Da Sha Chun]: No, please don't let it fall below 3100 points, I beg you!

[Super Sheep]: What the hell is going on? The market plummeted as soon as it opened this afternoon. Is this a violation of the heavenly law?

[Cola with Ice]: It's fallen below 3100 points, damn it, another battle to defend 3000 points is about to begin, you DJ!
With the 3100-point mark breached, the battle to defend the 3000-point level, a familiar challenge for veteran stock market investors, has quietly begun. Li Daxiao, the "General Manager of the Bulls," has even taken to the front lines, releasing a video to reassure investors.

[Comrades, don't panic! Emotional panic is unacceptable. We must firmly embrace the bottom of the Chinese stock market, buy good stocks, be good people, and good things will be rewarded. The Chinese stock market will definitely succeed; the bull market will surely begin. Come on, comrades, let's help the Chinese stock market take off!]
[Go for it! Jump, bull!!!]
Li Daxiao's outcry on Weibo slightly eased the downward trend, but this could only fool retail investors. Institutions are not stupid; while retail investors hesitated, they had already started dumping shares.

[Stock Anomaly Alert]: Huaguo Bank has seen a massive sell order of 700 million.

[Stock Anomaly Alert]: A super sell order of 500 million yuan appeared in GF Securities.

[Stock Anomaly Alert]: Huaguo Shenhua saw a super sell order of 900 million yuan.

[Stock Anomaly Alert]: A super sell order of 1200 million yuan appeared in Yangtze Power.

The Shanghai Composite Index, which had paused briefly, accelerated its decline once again as selling pressure spread across various sectors.

3052 points.

3021 points.

3002 points.

As the Shanghai Composite Index jumped to the 2s, countless retail investors suddenly realized what was happening and recalled the crash of 2007.

At that time, experts were offering comfort while the Shanghai Composite Index continued to fall, dropping from 6000 points to 1600 points.

[The Landlord's Son]: I remember now, I remember it all. In 2007, Li Daxiao comforted stock investors in this way: "My father was trapped from 6000 points to 1600 points, and I added to my position 15 times. I almost broke off relations with my father. Damn it!"
[Forgetful Water]: The 3000-point mark has been broken, this bull market is over. Anyone who believes Li Daxiao is an idiot. I'm just stating my opinion here.

[White Sanctuary]: I told you long ago that Li Daxiao is a fraud, but you guys kept calling him a stock market guru. Now you're all stuck with your losses. Quickly follow the great Joker, maybe you can get out of this mess.

[Peach Blossom Little Tiger Girl]: Li Daxiao, you son of a bitch, you're not human! You made me lose 3470 points and I'm stuck at 3000 points! You owe me money!

[Sichuan-Chongqing Tyrannosaurus]: Does anyone know Li Daxiao's address? I'd like to bring some local specialties from the Sichuan-Chongqing region to visit him.

[Olost]: A specialty of Sichuan and Chongqing? Hopefully not a bear with a full beard, a buzz cut, and white socks.

The 3000-point mark is a psychological support level for retail investors. Once it is breached, the continued plunge in A-shares becomes inevitable.

but!

What the authorities want is a gradual decline!
Just as the Shanghai Composite Index reached 2987 points, a flood of market-rescue funds poured into the banking sector, forcibly pushing up the index level.

……

Zhangjiang, the capital of Shanghai.

Financial Research Network office space.

The moment Zhang Yang saw the 3000-point mark fall below the previous level, he immediately switched to the Joker speculative trading channel to post, urging retail investors to take advantage of any rebounds and exit the market.

The market has fallen from 3470 points to 3000 points, and the online debate between "joker top" and "Li Daxiao bull" has already been decided.

[I Will Marry Li Daxiao in This Life]: I'm sorry, Joker, I was wrong, I was really wrong. Please help me get out of this mess!!
[Who Dares to Claim Invincibility]: I'm down 34%, Joker, is there any hope for me? I took out a loan to invest, what should I do if I can't repay it?
[Little Kitten]: I'm Wu Limin, a sophomore at Fudan University, class of 08. I'm currently down 49% in losses. I'll do anything you ask if you can help me out of this mess.

[Eulala]: Joker, I was wrong. I also took out a loan to enter the market and I've lost 5. If I can't pay back the loan, I'm really going to jump. Please help me. I'm begging you.

The sheer volume of replies made Zhang Yang frown. He knew that some credit funds were illegally entering the market, but he didn't expect so many people to be involved.

In almost every bull market, there are speculators who try to "double their losses," and they often end up in dire straits, with 95% of them burdened with debt and needing half their lives to pay it off.

"Banks are up in the red again!"

"The battle to defend the 3000-point mark is still ongoing!"

"Can we hold on?"

"The government is still using funds to support the effort!"

Liao Guopei and Lin Guangchang watched the Shanghai Composite Index fluctuate, their emotions running high. The battle to defend the 3000-point mark was a classic example; once it dipped below 3,000 points, it often accelerated its decline.

"Taking advantage of the market downturn and the cautious buying by retail investors, let's manipulate the shares held by the Fuchun Road trading seat to create a fake trading record," Zhang Yang said, looking at Liao Guopei and Lin Guangchang.

"it is good."

"immediately."

The two took action.

Zhang Yang started a new post, advising investors who had used credit funds to liquidate their stock holdings.

[If you don't need the funds for six months, you can use them for investment. The stock market requires patience. Whether it's short-term funds or credit, I suggest clearing your positions and leaving the market. The 3000-point mark has been breached, and further declines are highly likely. Finally, I remind all investors that investment should be done with spare money, not by gambling with your life!]
After posting the message, Zhang Yang stopped reading the comments and instead traded Haitong Foods stock with Liao Guopei and Lin Guangchang.

He felt quite helpless about stock market investors who used credit funds to enter the market, hoping to gamble. These investors could no longer be called investors; they were gamblers through and through.

In his previous life, when he was a fund manager on Wall Street, Zhang Yang had seen too many stock investors cash out their investments and then commit suicide.

If you get trapped by leverage, at worst you'll lose your principal.

Being trapped by credit not only results in the loss of principal, but also in the bank's compounding interest, accumulating to an astronomical figure, which is similar to using loans to pay off other loans.

Once the warning post is issued, those who can turn back will naturally do so, and there's nothing Zhang Yang can do about those who can't. He can't possibly claim to have past life memories as anchor points for the sake of strangers. This round of decline will definitely break 3000 points, and it will accelerate its decline.

……

At 3 p.m., the A-share market closed amidst the cries of countless retail investors.

The Shanghai Composite Index closed at 3046.97 points, down 2.98%, with a trading volume of 1463 billion yuan, a slight increase of 100 billion yuan.

The Shenzhen Component Index closed at 12499.75, down 2.37%, with a trading volume of 745 billion, a slight increase of 60 billion.

The increased trading volume in both major indices indicates that some funds are fleeing the market, but the volume is not large. This raises a question: the vast majority of retail investors still want to hold on.

The stock market is a game of chance, and it won't allow most people to profit. This provides momentum for the continued decline, and retail investors must be forced to sell at a loss!

The A-share market continued its decline, falling nearly 500 points in eight trading days. Li Daxiao was thrust into the spotlight, with a large number of fans turning against him.

However, he still believes that this round of sharp decline is intended to force out credit funds in the stock market and will not allow the market to fall in a disorderly manner.

However, given that retail investors are currently in a bad mood, Li Daxiao wisely refrained from releasing the cattle-raising video. Instead, he plans to wait until the evening when the retail investors have calmed down before firmly reaffirming his bullish outlook on the stock market.

Half an hour later.

The Dragon and Tiger List was released on August 14th.

Betrayed by his team and losing control of the "Huitianfu Balanced Growth Stock Fund", Su Jing panicked and clicked on Haitong Foods' stock trading data.

When he saw that the No. 1 trading seat was "Huaxin Securities Shanghai Branch," a trading seat reserved for institutional investors, he felt dizzy and breathless.

mechanism!

Surprisingly, an organization stepped in to take over!
Su Jing felt a tightness in her chest, as if there was a blockage of air inside.

As he forced himself to keep reading, the moment he saw "Jiangsu-Zhejiang Huaxin Securities Fuchun Road Branch" appear on the list of sell-side brokerage branches...

"Buzzing—"

The tinnitus overwhelmed Su Jing's mind, and his vision went black instantly. His body went limp and he slid straight off the office chair, his head hitting the ground hard.

He didn't expect that.

He really didn't expect it.

The fund managers spent the whole morning outsmarting each other, thinking they had a firm grasp on "Fuchun Road's" position, only to find that the other party had already chosen to cut losses and reduce leverage and margin pressure.

And that institution that suddenly entered the market acquired over 3000 million shares!

(End of this chapter)