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

Chapter 206 Two Key Announcements, 308 The Three Heroes Reunite
When Su Jing was overcome with anger and completely fainted, Kuang Yongrui, far away at Fullgoal Fund, was also suffering.

At this moment, he clenched his fists, his fingernails digging deep into his palms, his eyes fixed on the screen, which displayed the list of top performers for Haitong Foods.

Buying Branch 1: Huaxin Securities Shanghai Branch (for institutional use only).

Buyer: Galaxy Securities Changcheng Huimin Road Branch.

Buying 3: Guotai Junan Hudu Sujiang Road Branch.

Buying from the third brokerage: Huaxin Securities Hangzhou Yan'an Road Branch.

Buying from the 5th brokerage: Guangfa Securities Shanghai Central Ring Road Branch.

-

Selling 1th branch: Jiangsu-Zhejiang Huaxin Securities Fuchun Road Branch.

Selling 2nd branch: Shanghai Securities Headquarters (for institutional use only).

Selling 3rd branch: GF Securities Shenzhen Branch (for institutional use only).

Selling 4th Branch: Guotai Junan Shanghai Headquarters (for institutional use only).

Selling 5th branch: Huatai Securities Jinling Headquarters (for institutional use only).

“Our reasoning is correct. Fuchun Road is a leveraged speculative fund. In order to save itself, it cut its losses and took more than 7000 million yuan of Chinese currency.”

Kuang Yongrui muttered to himself.

When he saw "Huaxin Securities Shanghai Branch" again, he gritted his teeth and said, "The mantis stalks the cicada, unaware of the oriole behind. Don't let me find out who you are, or I'll scatter your ashes."

He thought he had a sure win, but unexpectedly, a surprise attack came out of nowhere.

Kuang Yongrui is now very eager to know which public fund management company, Huaxin Securities Shanghai Branch, was behind this incident, which caused all eight of his public fund management companies to go silent and miss a golden opportunity to suffer a margin call on Fuchun Road.

"Brother Rui, are you alright?"

At this moment, assistant Wen Jinxing tentatively probed in a low voice.

Kuang Yongrui, his thoughts interrupted, instantly ignited a nameless rage. He grabbed the mouse and hurled it at the attacker, yelling, "None of your business! Get lost!"

"Snapped--"

The mouse slammed into Wen Jinxing's forehead before crashing heavily to the ground.

The loud noise and angry shouts immediately attracted the attention of the other fund managers. No one expected that Kuang Yongrui, who was usually gentle and refined, would swear and even hit someone with a mouse.

Wen Jinxing, who was hit, didn't dare to offend Kuang Yongrui at all, and quickly explained to those around him, "I was just joking, Brother Rui was just joking with me, don't take it seriously, haha."

Since the parties involved all said they were fine, the other fund managers naturally didn't meddle and all turned their attention back to their own business.

After all, Kuang Yongrui is a star fund manager at Fullgoal Fund, and they can't afford to offend him.

It is precisely because he is a star fund manager at Fullgoal Fund that Kuang Yongrui wants to go further, so he strives for higher fund returns and wants to use Fullgoal Fund as a platform to transition into private equity.

Now that Haitong Foods has lost control of the company, it may not be able to deliver on its promised annual return, which could lead to the loss of some major clients.

For star public fund managers, the private equity qualification is not the hardest thing to obtain; the hardest thing to manage is the funds.

This is because private equity funds cannot be publicly advertised. The dilemma facing public fund managers is funding. They need to make the most of the public fund platform to accumulate a large number of high-net-worth clients and then lead them to invest in private equity.

At this very moment, the eight fund managers who were trying to push "Fuchun Road" to its limit were all playing out their own little dramas. Su Jing was rushed to the hospital, Kuang Yongrui beat up his subordinates, and Yuan Yutang punched the monitor again, shattering it. Everyone was holding their breath, eager to release their pent-up emotions.

Fund managers such as Qi Zhenbang of China Asset Management, Wang Hua of Yinhua Fund, and Lin Hai of E Fund Management discovered that the public fund institution that suddenly intervened had engaged in illegal purchases. They only need to wait for the penalty announcement to uncover the mystery surrounding the other party.

Unlike the eight fund managers, retail investors were instantly excited when they saw the list of top traders.

[Punching you with my little fists]: Hahaha, Fuchun Road cut its losses by 7000 million, it really has to be an institution, hahaha!

[Superhero]: If I remember correctly, Fuchun Road bought three or four hundred million yuan worth of Haitong Foods, and should still have two or three hundred million yuan in hand now, right?

[Loves to eat Chinese cabbage]: No, he started buying it at eight yuan on Fuchun Road. Who knows how much he bought? Then it seems he bought another two hundred million at five yuan. I estimate he lost at least one hundred million!
[Crazy Two Meals of Snail Rice Noodles]: They must have cleared out half of their stock. This time they should have really hurt him, that beast on Fuchun Road, hahaha!
The list of the top-selling brokerage firms clearly shows that the Jiangsu-Zhejiang Huaxin Securities Fuchun Road branch sold 7243 million yuan worth of shares.

Given the halved stock price, many retail investors felt that "Fuchun Road" must have suffered heavy losses.

There are two main reasons for the recent decline in Haitong Foods' stock price.

1 is a short essay about the market.

2. Fuchun Road intervened.

Now that the rumors in the market have been debunked, Fuchun Road has cut losses of more than 70 million yuan, and Haitong Foods has fallen for eight consecutive days. Although there was a dramatic turnaround on August 14, the market is still in an "oversold" state, and retail investors are starting to get ready to make their move.

……

As night fell, the "salary-paying stock investors" who had just returned home after a long day at work felt as if the sky had fallen. They never expected that the Shanghai Composite Index would reach 3478 points in just 8 trading days, a distance that would take them from 3000 points.

How much money did they lose from the nearly 500-point drop in the market?

To put it simply, for every 100-point drop in the overall market, individual investors will suffer an average loss of 5% to 10% on individual stocks. A sharp drop of 500 points would easily result in losses of 25% to 40%.

While the "working-class stock market investors" felt like the sky had fallen, the shareholders of Haitong Foods felt like the sun was rising.

Since Haitong Foods hit its daily limit down on August 14, its stock price fluctuations over eight trading days have exceeded the disclosure threshold stipulated in the "Announcement of Serious Abnormal Stock Trading." Haitong Foods is required to provide a detailed explanation of the serious abnormal stock trading.

Haitong Foods Group Co., Ltd. (hereinafter referred to as "the Company" or "Haitong Foods") experienced a cumulative price fluctuation of 70% from August 3, 2009 to August 14, 2009. After issuing its third "Announcement on Abnormal Stock Trading," the stock price continued to decline by more than 5%. In accordance with the provisions of the "Trading Rules of the Shanghai Stock Exchange," the Company is required to issue an announcement explaining the serious abnormal fluctuations in its stock trading.

As of August 14, 2009, the company's closing price was RMB 4.21 per share, with a static price-to-earnings ratio (P/E ratio) indicating a loss and a price-to-book ratio (P/B ratio) of 1.57. According to data released by Huazheng Index Co., Ltd., as of May 7, 2009, the company's industry classification was "pre-processed food," and the latest average static P/E ratio for the industry was also loss-making, with a P/B ratio of 4.16, which differs significantly from the company's latest P/E and P/B ratios.

The company's main business currently focuses on frozen foods, ready-to-eat canned goods, and prepared foods. According to the second quarter report, the company's revenue from frozen products was RMB 4244.75 million, a year-on-year decrease of 13.15%; revenue from prepared foods was RMB 4998.18 million, a year-on-year decrease of 25.17%; and revenue from canned foods was RMB 2656.08 million, a year-on-year decrease of 1.85%. The overall business experienced a slight decline due to the impact of the subprime mortgage crisis. In the future, we will actively develop new product categories and expand sales channels.

In addition, the asset restructuring plan between the company and Yijing Optoelectronics Technology Co., Ltd. is still progressing in an orderly manner, and the specific matters and contents need to be further negotiated.

The company's stock price may be experiencing irrational selling, posing a significant trading risk. Investors are advised to be aware of these risks, avoid blindly following the crowd, make rational decisions, and invest prudently.
The moment the announcement of the eight consecutive limit-up days was released, it instantly attracted a large number of investors.

[Sichuan-Chongqing Little Bear]: The price-to-book ratio is far below the industry average, which is obviously a sign of malicious selling!
[My Favorite White Silk Stocking Girl]: The overall business is declining, which is good for the expectation of a backdoor listing. Moreover, it does not match the rumors that the talks broke down. They are still negotiating with Yijing Optoelectronics. This is definitely a big positive.

[Dark Night View]: Haitong Foods is clearly oversold now, and Fuchun Road has already cut half of his losses, so his holding price is much higher than that of retail investors. I'm not worried that he will suddenly dump his shares to cash out.

[Fishing Guy]: I'm going all in on Haitong Foods with 100 million yuan. If I win, you can call me Boss Chen and I'll give you all a 20 yuan bonus. If I lose, just call me Chen Zai.

Just as investors analyzed, once the "Announcement on Serious Abnormal Stock Trading" was issued, all the obstacles for Haitong Foods were cleared. Now it is a rough gem, just waiting for various funds to polish it.

Su Jing, who was rushed to the hospital and receiving oxygen in the ward, experienced another blackout upon seeing the "Announcement of Serious Abnormal Stock Trading" and was overwhelmed by tinnitus.

He painstakingly planned for two or three months, or more accurately, half a year, only to have other public funds reap the rewards in the end.

"Jing-ge, what's wrong?"

"Don't die!"

“Doctor, doctor!!!”

"Help! Doctor!!!"

The fund assistants who were accompanying Su Jing saw her faint again and immediately shouted for a doctor. Some of them even started CPR because of the urgency of the situation.

It wasn't just Su Jing who was emotionally volatile; Kuang Yongrui, Lin Hai, and other public fund managers clenched their fists in anger the moment they saw Haitong Foods' "Announcement on Serious Abnormal Stock Trading."

They are waiting!

They are waiting for the penalty announcement!

If the public fund institution that suddenly intervenes is the same fund, then its holdings have clearly exceeded the threshold for disclosure. As soon as the penalty announcement is issued, they will immediately know which public fund manager has disrupted their plans.

……

Zhangjiang, the capital of Shanghai.

Financial Research Network office space.

Standing in front of the floor-to-ceiling window, Zhang Yang chatted with Tao Yuang for over ten minutes about everyday matters while holding a Nokia phone. Suddenly, he changed the subject and said, "Keep an eye on your email these days. Every little bit helps with your phone bill. You get what I mean?"

Save on phone bills?
The old drunkard's heart was not in the wine.

Tao Yuang understood that his illegal purchases might trigger an investigation by the China Securities Regulatory Commission, and responded, "Okay, I will be careful."

The two chatted for another ten minutes or so before hanging up the phone.

Immediately afterwards, Tao Yuang quickly opened his email and found an unread email. The sender was not Zhang Yang's usual email address, but an unfamiliar email address.

[Start the fire first, then wait for the profits.]
In just seven words, Tao Yuang instantly understood what he should do next week. He chose to delete the email without leaving a trace.

Although regulations were lax in 2009, and there wouldn't be any problems as long as things weren't too excessive, the real fear was being made an example of to deter others.

"Buzz-"

Tao Yuang had just finished deleting emails when his phone, which was on the table, suddenly vibrated twice, displaying an unread message. This made his heart tremble along with the phone.

Open the text message…

[Vienna Hotel, Room 303, don't keep me waiting too long.]
"..."

Tao Yuang's face turned ashen instantly, and he seemed quite dejected.

But now is not the time to turn against him; he has no choice but to yield. He had no option but to keep his appointment with Ou Guiyan.

On the other hand, Zhang Yang, after hanging up the phone with Tao Yuang, drove to the commercial street outside Shanghai University of Finance and Economics.

Although the commercial street outside the school lost its students during the summer vacation and business plummeted, it wasn't completely devoid of business; people from the surrounding residential areas still came to shop.

After parking the car, Zhang Yang walked to "Good Taste Beef Offal Shop".

It is located on an inconspicuous corner of the commercial street, facing the edge of the main road, and topped with a tacky red-painted signboard that is obviously quite old.

The shop owners were a couple in their forties or fifties named Yu Tie and Li Cuihua, who were said to have come to Shanghai from famine.

"Dormitory Head." Before Zhang Yang even got close, Chen Chuan, who was sitting in the shop, was the first to spot him and stood up to greet him.

"Uncle Yu, bring a case of beer!"

"OK!"

Wang Liu called out to Zhang Yang, then turned to look at him not far away and greeted him in the same way: "It's been a month and a half since we last met. Dorm leader, you really make us feel ashamed. Your company has grown so big."

"I was lucky; I caught the wave."

While responding modestly, Zhang Yang invited the two to sit down, saying, "Let's eat and chat, I haven't eaten yet, haha."

As soon as he finished speaking, he looked at Li Cuihua, who was busy at the beef offal stall at the door, and said, "Aunt Li, please add another bowl and a few more skewers of radishes. I haven't had any for a while, and I'm really craving them."

"Okay, please have a seat."

Li Cuihua responded.

At this moment, Yu Tie brought over a case of beer and looked at Zhang Yang, saying, "Want some dice?"

"Give me one."

Zhang Yang said with a smile.

Chen Chuan deftly opened the wine and filled the three glasses on the table.

"Have a drink first?"

Wang Liu glanced at Zhang Yang and Chen Chuan.

"Cheers! I'm the 308 Wine Immortal, a man who can drink eighteen bottles without getting drunk." Chen Chuan picked up his glass and called out, "Dormitory head, come on over."

"Come."

Zhang Yang also raised his glass.

The three men clinked their glasses together with a "clang," then downed their beers in a few gulps, letting out a satisfied "ah."

After finishing a drink, Wang Liu recalled old memories and laughed, "Do you guys remember our instructor when we first entered university? His name was Chen Feilong, about 1.7 meters tall, the dark-skinned one."

"Depend on!"

Chen Chuan thought of something and continued, "I'd recognize him even if he were ashes. He made me throw up from all that training, and I was embarrassed in public. That's probably why I couldn't find a girlfriend for four years."

"What's up with him?"

Zhang Yang then looked at Wang Liu.

Four years of university life pass in the blink of an eye. Many people, even years after graduation, still feel like their freshman year military training was just yesterday.

"We were training when a senior student brought him a watermelon. He then teased us, asking if anyone wanted some. Surprisingly, Fengzi actually took a bite, and our training intensity doubled. I used to wonder, 'Sure, it's not that serious, it's just a watermelon.' But just a couple of days ago, I heard that senior student married Chen Feilong..."

Zhang Yang: "..."

Chen Chuan: "..."

Good guy.

The truth has come to light after four years.

If Zhang Yang remembers correctly, it all started from that watermelon; the place where they lined up was always in the sun.

For other majors, the instructors would deliberately choose the back of buildings or under the shade of trees to avoid direct sunlight.

After a long silence, Zhang Yang picked up the peanuts on the table, opened them, and said, "It seems they started talking four years ago. Fengzi really has no sense of propriety, eating someone else's watermelon."

"Give him a call and yell at him."

Just as Chen Chuan took out his phone, Wang Liu stopped him, saying, "Don't bother him. He's a son-in-law now, who knows what he's busy with."

At this point, Chen Chuan suddenly chuckled and said, "Do you think Fengzi is sincere towards Li Fengjiao? It feels like the two of them are a bit mismatched except for their similar weight."

"What doesn't match?" Zhang Yang asked.

“Their personalities and family backgrounds are not compatible, especially their families. Li Fengjiao’s parents are high-ranking officials in the system, so I feel like they would look down on him.”

Chen Chuan explained his thoughts.

“The key is that they are locals from Shanghai. I don’t know if Fengzi can handle it. Being excluded is a given,” Wang Liu nodded in agreement.

Because he is a native of Shanghai, he knows what parents in the Jiangsu, Zhejiang and Shanghai area think.

Whether it's marrying off a daughter or taking in a daughter-in-law, what they care about most is that the families are of similar social standing, and the most important thing is that they live close by.

How close exactly?

Ideally, it should be someone from the same neighborhood.

As for "outsiders," it is difficult for them to be accepted by parents in local families.

"When you're dating, you have to work things out and be compatible with each other. As for whether you can make it work, that depends on whether Fengzi can make a name for himself," Zhang Yang said with a faint smile.

Because he's been through it all, he knows much more than Chen Chuan and Wang Liu.

Whether a couple can stay together in the end depends on who is willing to sacrifice. If neither of them is willing to sacrifice and they don't try to find a balance for each other, then it's probably doomed.

"Let's not talk about Fengzi anymore, let's have a drink."

"drink."

"cheers."

Zhang Yang, Chen Chuan, and Wang Liu drank cup after cup, chatting about all sorts of topics, from relationships and marriage to military weapons, and then from military weapons to the world situation, but they never talked about the intelligence company.

They drank until late at night, and a case of beer was gradually emptied. The three of them were quite drunk. After paying the bill, they put their arms around each other and sang songs, as if they had returned to their college days.

Despite being drunk, Zhang Yang and his two companions went to a nearby small hotel, booked a triple room, and then fell into a deep sleep.

……

Nothing was said that night, and the sun and moon rose and fell.

It wasn't until nearly noon the next day that the hotel owner knocked on the door to ask if they wanted to extend their stay. Only then did Zhang Yang, Wang Liu, and Chen Chuan wake up from their drunken stupor.

"No thanks."

Zhang Yang politely declined.

Upon hearing this, the hotel owner outside reminded them, "You must leave before 12:30. You still have more than half an hour."

"understood."

Zhang Yang responded again.

After the hotel owner left, Wang Liu suddenly remembered his business and asked, "By the way, dorm leader, how do we set up the intelligence network you mentioned?"

Upon hearing this, Chen Chuan, who had been rubbing his temples, stopped and looked at Zhang Yang, saying, "Oh right, I almost forgot the important matter. What exactly is an intelligence network like?"

Upon hearing the two mention it, Zhang Yang did not hesitate and explained, "The intelligence network mainly targets listed companies and high-quality private enterprises in China to obtain their inside information."

"How do you acquire this? By bribing their executives?" Wang Liu pressed further.

"Burying executives is one method. We can also send people to stake out locations, or bribe employees on the production side. We can also start with the supply side. I need to have all their information in real time."

Zhang Yang said in a deep voice.

In financial markets, news equals money.

He currently relies on publicly available information channels for obtaining information, which is clearly not enough. He needs to continue to delve into companies and dig out useful information.

"Even regular employees are acceptable?"

Chen Chuan was stunned.

“Of course you can.” Zhang Yang smiled faintly and said, “You will know after you spend half a year in the factory that front-line employees can feel the changes in order volume. As production tasks increase, implementing two shifts means more orders, and vice versa.”

In 2009, ordinary production workers often earned only one or two thousand yuan a month and would never think about investing in stocks, nor did they know how to monetize the information they possessed.

However, the simplest truths are often the best. When a company makes significant adjustments or its performance improves, the production workers can sense it, but they lack the investment mindset of the secondary market.

Upon hearing this, Wang Liu asked somewhat uncertainly, "So, in other words, from bribing senior executives to infiltrating production workers, we need to use all sorts of means to obtain the company's production information?"

"Not just production, but everything."

Zhang Yang corrected him.

“This is a huge expense. There are so many companies across the country, with nearly 2000 listed companies alone, and countless unlisted ones,” Wang Liu added.

"Money is not a problem. I will compile a list of companies later and send people to help you complete the initial setup of the intelligence network. You just need to submit the data to me on time."

As soon as Zhang Yang finished speaking, Chen Chuan thought of a question and asked, "Dormitory leader, how do you monetize it? How do you monetize the information?"

"The best way to monetize Caiyan.com is through diversified content. Your annual salary is tentatively set at 50, but performance bonuses and year-end bonuses are the main source of income. Do you understand what I mean?"

Zhang Yang offered generous terms.

He doesn't trust many people, but his three college roommates are among them.

Having spent four years together, he knew exactly what kind of person the other person was.

"50?"

Chen Chuan's eyes lit up, and he asked again, "It's not Japanese yen, is it?"

"Fuck your ass, Chinese currency." Zhang Yang glanced at him and then said, "As brothers, I will never treat you unfairly. Someone will be in contact with you tomorrow."

When it comes to building an intelligence network, it's impossible to let a novice figure it out on their own.

The correct development model is for experienced personnel to mentor newcomers, and once they become skilled workers, a well-organized intelligence team can be built.

As for who the "old man" is, we have to mention the headhunting company.

Zhang Yang has already hired a headhunting firm to poach a senior executive from an investment information consulting company, offering him an annual salary of 120 million.

"Thank you, She, no, I mean, I'm the boss now, thank you boss, haha." Chen Chuan smiled visibly; he never imagined he could earn a 50 yuan annual salary right after graduation.

What does an annual salary of 50 mean?
Work for two years and you'll have a house and a car. Saving millions in the future will be a piece of cake. Even if you don't work, you can live happily for the rest of your life with your savings.

Zhang Yang chatted with his two college roommates for another ten minutes, and they also gained an understanding of the concept of intelligence networks.

For others, a company's information may be of little use, but for the "Liu, Guan, and Zhang gang," it is priceless.

A single message can cost retail investors millions; this is no joke.

Zhang Yang not only wanted to build an intelligence network, but also to assemble a professional Chinese stock market investment team, which would be managed by Liao Guopei and Lin Guangchang.

……

While Zhang Yang and his two roommates were discussing intelligence networks, the China Securities Regulatory Commission (CSRC) also issued a penalty notice for Tao Yuang's illegal purchases.

In accordance with the relevant provisions of the Securities Law, the China Securities Regulatory Commission (CSRC) has investigated and adjudicated the case of Tao Yuang's failure to fulfill his information disclosure obligations and his illegal purchase of stocks. The CSRC has informed the party concerned of the facts, reasons, and basis for the administrative penalty, as well as the rights he enjoys under the law.

I. Facts of the violation.

An investigation revealed that Tao Yuang, a manager at China Asset Management Co., Ltd., committed the following illegal acts while managing the "China Asset Management Healthcare Value Hybrid Fund A":

1. Failure to disclose information regarding shareholding increases in a timely manner.

On August 14, 2009, when the shareholding ratio of Haitong Foods held by the "Huaxia Medical Value Mixed Fund A" managed by Tao Yuang first reached 5%, it failed to prepare and announce the equity change report within 3 days as required by Article 63, Paragraph 1 of the Securities Law, and continued to trade before the announcement.

2. Continuous illegal transactions.

On August 14, 2009, the Huaxia Medical Value Hybrid Fund A, managed by Tao Yuang, continued to buy shares of Haitong Food Company without fulfilling its disclosure obligations, even though its shareholding ratio exceeded 5%. The final shareholding ratio reached 14.33%, which violated Article 63, Paragraph 2 of the Securities Law, which stipulates that "no further trading of the listed company's shares shall be conducted before a report or announcement is made."

The aforementioned facts are sufficiently proven by evidence such as securities account transaction records, shareholding ratio calculation tables, and transcripts of interviews with the parties involved.

II. Basis and Decision for Penalty

Tao Yuang's actions violated Articles 63, Paragraphs 1 and 2 of the Securities Law, constituting the "failure to fulfill information disclosure obligations as required" as described in Article 197 of the Securities Law. Based on the facts, nature, circumstances, and degree of social harm of the party's illegal conduct, and in accordance with Article 197 of the Securities Law, the China Securities Regulatory Commission (CSRC) has decided:

1. A fine of 50 yuan.

2. Within 10 working days of receiving this decision, submit a supplementary "Report on Disclosure of Changes in Equity".

3. Within 6 months of the issuance of the "Report on Changes in Equity", the holder shall not continue to purchase Haitong Foods shares and shall be restricted from voting rights for 36 months.

If you disagree with this penalty decision, you may apply for administrative reconsideration to the China Securities Regulatory Commission within 60 days of receiving this penalty decision, or you may directly file an administrative lawsuit with a competent people's court within 6 months of receiving this penalty decision.
As the penalty announcement spread online, it instantly caused an uproar among stock market investors.

[Jia Ding Tavern]: Good heavens, public funds increased their holdings by 14.33% in one day? They're risking violations to grab shares!
[The Great Hero Huo Yuanjia]: It's a sure thing. Haitong Foods is really going to be a sure thing next week. I've never seen institutions scrambling to buy this much before. This fund manager named Tao Yuang is really going all out.

[The Smiling, Proud Wanderer]: Haitong Foods is really going to surge, the short essay was debunked, Fuchun Road sold at a loss, and public funds illegally snapped up shares. Is this going to become the year's most volatile stock?
As online public opinion continued to ferment, Tao Yuang, along with Haitong Foods and Fuchun Road, were pushed to the forefront of the storm.

Qi Zhenbang, also a fund manager at China Asset Management, couldn't hold back when he saw the announcement and cursed, "Fuck you, Tao Yuang! So it was you!"

He couldn't resist and immediately took out his phone to call Tao Yuang.

"Dududu-"

After a few busy tones, the call was connected.

"Is Manager Tao interesting?"

Faced with Qi Zhenbang's questioning, Tao Yuang replied calmly, "Interesting."

Now that the bidding has been exposed, he no longer needs to be polite to the other party.

What is the nature of a colleague relationship?
competition.

There's no need to deliberately maintain a competitive relationship, because it can break down at any time.

"Your mom..."

"Keep your mouth clean."

Before Qi Zhenbang could finish speaking, Tao Yuang reminded him.

Tao Yuang's words seemed to have an effect, as Qi Zhenbang stopped using profanity and instead asked, "Are you in cahoots with Fuchun Road?"

"Are you involved in insider trading, exchanging favors with private equity firms, and swindling money from fund investors?" Tao Yuang asked with a cold laugh.

The two sides were on the verge of exchanging hostile remarks, as if they were about to curse each other's entire families at any moment.

But Qi Zhenbang restrained himself. He suppressed his anger and said threateningly, "You're something else. I have no evidence that you colluded with Fuchun Road, but the people you've offended this time include eight promising star managers who are looking to transition into private equity, including myself. Just wait and see what happens to you."

"I'm relieved to have you here. I also know what kind of people the other seven are. Anything else? If not, I'm hanging up."

Tao Yuang showed no respect whatsoever.

Since the relationship has been completely broken off, there's no need to maintain it anymore.

"Dududu-"

Qi Zhenbang hung up the phone immediately.

The moment he hung up the phone, he couldn't help but slam his fist on the sofa and curse, "Fuck your grandma Tao Yuang, don't let me catch you, or I'll kill you, you dog."

Not only Qi Zhenbang, but also fund managers such as Su Jing, Lin Hai, and Kuang Yongrui who participated in the dumping of Haitong Foods shares immediately investigated who Tao Yuang was after seeing the "Penalty Announcement".

It's no exaggeration to say that if it weren't illegal, they would all want to kill Tao Yuang.

Clearly, "Fuchun Road" has no buyers and is a lamb to the slaughter. They only need to push the price down one more level to potentially cause the other party to liquidate their account.

However, Tao Yuang's appearance not only forced "Fuchun Road" to cut its losses and escape, but also caused them to sell off most of their assets at low prices.

How do you say that?

Cutting off someone's money is like killing their parents.

Tao Yuang's involvement was tantamount to killing their parents. Eight fund managers, and even Wang Tao, a professional speculator, remembered Tao Yuang.

……

at dusk.

Shanghai Hongqiao International Airport.

After waiting for half an hour, Zhang Yang met the "fake academician" Bao Xingwei again. He silently remembered the kindness of the old man who was willing to help him.

Bao Xingwei walked up to Zhang Yang, with his assistant Cheng Hongfa beside him.

"You little rascal, you've made quite a commotion."

He didn't blame Zhang Yang; on the contrary, his eyes held a hint of appreciation.

He had investigated Zhang Yang's background and knew that the other party could not possibly obtain inside information.

In other words, Zhang Yang's bearish view on A-shares is based on his own conclusions.

What is this called?
strength!

Zhang Yang gave a wry smile, thinking of the relentless pressure from competitors like Eastmoney and Tonghuashun, and said, "I also want to keep a low profile, but I have no choice."

Upon hearing this, Cheng Hongfa couldn't help but think disdainfully, "So what if you crave empty fame? You're forced to do it out of necessity? Tch."

Zhang Yang couldn't read minds, so he didn't know what Cheng Hongfa was thinking, nor did he care what the other was thinking. His gaze remained fixed on Bao Xingwei as he invited, "I've prepared a welcome banquet. Dean Bao, you must tell me about the precautions for tomorrow's exchange forum later."

(End of this chapter)