Starting with a fully invested A-share portfolio to become a capital...
Chapter 207: The intelligence team infiltrates SAIC; Zhang Yang publicly criticizes SAIC in front of
Chapter 207: The intelligence team infiltrates SAIC; Zhang Yang publicly criticizes SAIC in front of the village chief.
March 16, Sunday afternoon.
Pudong Shangri-La Hotel.
One by one, financial professionals dressed in suits and ties, formal attire, entered the venue.
In addition, there were attendees dressed in T-shirts or shirts, searching for the secrets to wealth at the Lujiazui Investment Exchange Forum.
As a weekly exchange forum, it was originally established to provide all "finance professionals" with an opportunity to enhance their credentials, and the organizers will also randomly invite well-known figures in the industry to serve as exchange guests.
Managers of private equity firms and public funds are most keen to appear on stage because the more they make their presence felt, the greater their chances of attracting high-net-worth clients.
"Mr. Bao, I really didn't expect you to come. How have you been lately?"
As soon as Bao Xingwei appeared, people immediately came up to talk to him.
The person who struck up the conversation was no ordinary person; he was Qi Yifan, the current dean of the School of Finance at Jiangsu University.
"Is it really Mr. Bao? I thought someone was playing a prank. This trip was worth it."
Then someone approached and struck up a conversation. It was a finance professor from Fudan University named Tai Tianyu.
They had all heard that Bao Xingwei would be attending the Lujiazui Investment Exchange Forum this weekend, and came specifically to participate.
Not only Qi Yifan and Tai Tianyu, but also Li Yining and Cao Fengqi, who were originally going to Jinling University for an exchange program, immediately took a Coaster bus to Lujiazui in Shanghai after hearing that Bao Xingwei had returned to the capital.
Bao Xingwei had some impression of Qi Yifan and Tai Tianyu, and joked to himself, "They're in good health, they can walk and run."
He then turned to the side and introduced, "Let me introduce you. This is Zhang Yang, my student. These two are Dean Qi Yifan and Professor Tai Tianyu, both senior figures in the financial industry."
Bao Xingwei's student?
Qi Yifan and Tai Tianyu were both taken aback.
In a school, the word "student" is very common, but outside, especially in online forums, saying that someone is your student is equivalent to saying that they are your disciple.
Students and disciples are not the same thing. If something happens to the latter, the master will definitely bail them out.
"Dean Qi."
Zhang Yang took the initiative to shake hands with him.
"Zhang Yang, I remember you. You're the founder of Caijing.com and you even had lunch with Buffett. I didn't expect you to be Buffett's student. Truly, the generals under the commander are all tigers."
Qi Yifan acted extremely enthusiastically, and hinted at their identities in his words.
"You flatter me. I was just lucky to catch the wave of the times." Zhang Yang said modestly, then looked at Tai Tianyu beside him and extended his hand again, saying, "Professor Tai."
"Not everyone can ride the wave of opportunity. I've seen all your hard work, Zhang Yang. Being too humble is just being too modest."
Tai Tianyu laughed.
Fudan University and Shanghai University of Finance and Economics are adjacent to each other, so Tai Tianyu naturally knew Zhang Yang.
"Dean Bao, is that really you?!"
"Hey, Zhang Yang, you're here too."
"Zhang Yang is here too?"
"It really is Zhang Yang and Dean Bao."
At this moment, several more people approached; they were finance professors from Shanghai University of Finance and Economics, and Wang Xingbang was among them.
"Professor Wang."
"Professor Lin."
"Professor Qin."
Having graduated less than two months ago, Zhang Yang naturally wouldn't forget them so quickly. He greeted them one by one and asked them how they were doing.
Wang Xingbang couldn't help but pat Zhang Yang on the shoulder and praise him, "Back in school, I knew you'd amount to something someday."
He had just finished speaking when he looked at a professor from Tongji University and said, "Old Lu, this is my student Zhang Yang."
"I've heard so much about Zhang Yang, it's great to finally meet him in person," Lu Yusheng exclaimed.
Wang Xingbang taught Zhang Yang, so there was no problem with calling Zhang Yang his student. However, he didn't expect that Bao Xingwei had already publicly called Zhang Yang his student before him.
Before Zhang Yang could speak, another group of people immediately stepped forward to talk to him; they were Professors Li Yining and Cao Fengqi from Peking University.
"Hahaha, it really is Old Bao."
"I didn't expect that you, Lao Bao, would come to an investment forum instead of recuperating in Yanjing."
Bao Xingwei recognized the faces and asked with some surprise, "You haven't returned to Yanjing yet?"
"Soon, soon, just one more week. I'll go back after I finish things next week." Li Yining replied with a smile, then looked at Zhang Yang and said, "Brother Zhang, we meet again, haha."
"Elder Li."
Zhang Yang greeted him politely, then looked at Cao Fengqi beside him and said, "Old Cao."
"Hmm." Cao Fengqi nodded, glanced at the faces around him, and said with emotion, "Today's forum is quite a big event, especially since even Lao Bao is here. It's been so long since he's attended an investment forum like this."
"It's been about half a year, hasn't it?" Li Yining replied.
"I'm just browsing around." Bao Xingwei smiled faintly, glancing at the gathered crowd, and said, "Let's go inside and talk, don't block the other people."
As more and more people gathered, the walkable space in the corridor became limited.
With Bao Xingwei's "order," the people who had been lingering in the corridor entered the meeting room.
The large screen in the venue clearly displayed the names of the afternoon session's guests, who were...
1. Bao Xingwei, a renowned economist.
2. Zhang Yang, founder of Caiyan.com.
3. Li Daxiao, Chief Analyst of Yingda Securities.
4. Dai Ruixuan, President of Huaguo Bank Shanghai Branch.
5. Yin Huai'an, the village head of the Shanghai Securities Regulatory Bureau.
Five guests, representing five different sub-sectors of finance, were present, and three of the five chairs on the stage were already occupied.
Faced with the "super-luxurious lineup," Li Daxiao, dressed in a dark blue suit and red tie, appeared somewhat reserved.
In the third row below the stage, Zheng Minghui, who wore a pair of refined frameless glasses and had a handsome appearance, nudged Chen Xiaoqun next to him with his elbow and said, "Your idol has arrived."
Chen Xiaoqun looked up from her phone and towards the entrance of the venue, excitedly saying, "Wow, Joker is really here! Can I ask him for his autograph now?"
Zheng Minghui: "Let's talk about it after the event. Right now, he's surrounded by financial tycoons. If he just stomps his foot, the entire Chinese financial world will tremble."
Is it really that exaggerated?
Chen Xiaoqun clearly did not believe it.
He is still a junior high school student, with limited knowledge and no systematic study of the history of China's capital market.
As Chen Xiaoqun's uncle, Zheng Minghui pushed up his glasses and introduced, "Don't you believe it? Just take Mr. Bao Xingwei for example. He was a key member of the think tank for the 97 financial crisis."
"what?"
Chen Xiaoqun was somewhat surprised.
He glanced at the LED screen on the stage and looked at Zheng Minghui with a puzzled expression, saying, "Did the organizers make a mistake and only introduce this old man as an economist?"
Although he didn't have a lot of knowledge, he knew about the 97 financial crisis.
At the time, Soros, acting as a front man, came on strong, and Wall Street giants also jumped in. Under the impact of massive amounts of capital, Hong Kong's financial system was once on the verge of collapse.
If the mainland hadn't made a strong statement about using foreign exchange to rescue the market, Hong Kong's wealth might have been ruthlessly plundered by Wall Street, just like Thailand's.
"They might just be keeping a low profile."
Zheng Minghui smiled.
He had genuine admiration for top Chinese financial figures like Bao Xingwei, Li Yining, and Cao Fengqi, and his tone softened considerably when he spoke of them.
……
And on the other side.
SAIC Motor headquarters base.
After registration, a black Audi smoothly entered the base park.
The man in the white shirt, who was in the driver's seat, was turning the steering wheel when he explained to the passenger and the three people in the back seat: "Gathering intelligence isn't that difficult, but it's also very brain-intensive."
"For example, this time, we came to the base park through job applications, so we can legitimately wander around and look for clues."
"If I get caught, the reason is simple: I'll just say I got lost."
The man in the white shirt driving the vehicle was named Xiong Yufeng, a capital market intelligence expert whom Zhang Yang had poached with a million-dollar annual salary.
Looking out the window from the back seat, Chen Chuan asked first, "How do we determine which information is useful?"
"To determine which information is useful, you first need to understand that you're not here to work, and you don't need to fear the consequences of being fired." Xiong Yufeng brought the car to a stop not far from the SAIC production plant.
"Also, when you're out and about, you have to define your own identity. Don't be shy. When we go inside, you can call me Manager Xiong from the R&D and Design Department. Wang Liu, right? You're the client, and you're now the inspection representative from Mitsubishi Group."
"what?"
Wang Liu was stunned for a moment, then immediately understood and said, "Okay, I understand."
"Chen Chuan, just wander around the nearby R&D building. If anyone asks what you're doing here, just say you're applying for a job at SAIC Motor."
"receive."
Chen Chuan nodded.
"Tong Shuning, Qi Jianhong, you two come in with us and act as assistants. You can add a few people's contact information for frontline workers along the way. Do you understand what I'm thinking?"
"know."
"I understand."
The two responded quickly.
"Let's move out." Xiong Yufeng called out, opened the car door, and the four of them headed straight for the production factory, while Chen Chuan wandered around, looking for other useful information.
Upon arriving at the factory gate, Xiong Yufeng, who had already put on his work badge at some point, led the three of them inside.
In 2009, integrated die casting was not yet popular; parts were first die-cast and then manually welded together.
As soon as the four entered the factory, Xiong Yufeng immediately put on his dramatic act, walked up to a production worker not far away, and introduced it to Wang Liu: "President Wang, look, this is our SAIC Group's 2000-ton die-casting machine. It is an aluminum alloy die-casting machine specially ordered from overseas. After our design department made some minor adjustments, the yield rate of good die-cast parts has been greatly improved."
"good."
Wang Liu pretended to look at it.
When Xie Jiajie, the worker operating the die-casting machine, saw this, he thought it was a leader inspecting the area, so he straightened his back considerably, but he didn't say anything.
"How long does it take to press one piece?" Wang Liu asked the worker.
Xiong Yufeng gave a look and whispered a reminder: "It's an inspection team from the Mitsubishi Group."
"Oh, oh!"
The operator, Xie Jiajie, quickly realized what was happening and hurriedly replied, "This is the die-casting of the gearbox cylinder block, which will take about 8 minutes."
"Not bad." Wang Liu nodded, his mind racing, and then asked, "What's the yield rate of the gearboxes?"
Xie Jiajie glanced at Xiong Yufeng, not daring to tell the truth, and gave a vague answer: "Everything is fine. The main thing is that we can use the large die casting with peace of mind. If the cylinder is not good, we can melt it down and start over."
"That's right." Wang Liu nodded, then asked again, "What are your working hours for frontline workers?"
"From 9 a.m. to 6 p.m."
Are the tasks usually heavy?
"It's alright, it's just that we've been quite busy lately and have to work overtime from time to time, but we get overtime pay, so we're happy to work overtime."
"Which car model is being pushed so urgently?"
When Wang Liu said this, Xiong Yufeng added, "Make a note of this: we must appropriately improve the rational allocation of production resources and not shift the production pressure onto the workers."
"Um…"
Xie Jiajie hesitated for half a second before replying, "The production pressure on the Lavida will be relatively high, but we can handle it."
As soon as he finished speaking, Qi Jianhong and Tong Shuning pretended to take notes.
Xiong Yufeng, who was standing to the side, checked the time and looked at Xie Jiajie, saying, "You ask the others to cover for us and show us around."
"Good leadership."
Xie Jiajie immediately told me to find someone.
Not a moment.
A dark-skinned middle-aged man and Xie Jiajie walked in. After being replaced, Xie Jiajie led Xiong Yufeng, Wang Liu and others to visit the production factory, acting as their tour guide.
Welding workshop.
The paint shop.
Final assembly workshop.
They explored the entire area.
Even at the very end, the person in charge of the production workshop came to personally introduce them and watched them get into the Audi.
After starting the car, Xiong Yufeng said, "The larger the company, the slower the information transmission. Don't be afraid of being exposed. Even if your identity is exposed, at most you will be taken away by the police for investigation, and you will be out in a few hours."
"Moreover, for large Sino-foreign joint ventures like SAIC Motor, foreign inspection teams are so common that people are used to it."
"learned."
"Understood." The people in the car responded in unison.
After the Audi left the SAIC Group base, Wang Liu suddenly remembered something and said, "Chuanzi hasn't gotten in the car yet."
"..."
Xiong Yufeng stepped on the brake. He had been so caught up in watching the factory manager leave that he had completely forgotten about Chen Chuan.
Going back now is obviously not an option. He said in a deep voice, "Let him go home with the workers at six o'clock and then take a taxi. We don't want to be caught in the crossfire."
"correct."
Then he thought of something and looked at Tong Shuning and Qi Jianhong, who were taking notes, and said, "You just need to compile the information into documents, such as the fact that SAIC Group workers are going to work overtime recently, as well as the information obtained from the welding workshop and the final assembly workshop, and send it to the company's screening department. We are only responsible for finding out what is useful and what is not, which is left to others to decide."
"understood."
Tong Shuning and Qi Jianhong nodded in agreement.
The recent frequent overtime work at SAIC Motor and the keyword "Lavida" suggest that SAIC Motor's car sales are on an upward trend, which is directly related to the third quarter.
As the group drove away ahead of time, Chen Chuan was inexplicably pulled into a meeting for a research and development position, making him feel extremely uncomfortable.
He originally intended to wander around, but unexpectedly, a department was holding a meeting, so he followed the crowd to the tiered conference room.
"The group's latest strategic directive is to invest 100 billion yuan in the research and development of power storage batteries and to send a group of people to the research and development base in Wuxi."
"Those who wish to go can sign up. Those who do will receive a 2000 yuan increase in monthly salary and a generous annual bonus."
Suddenly, the leader on the stage changed the subject and said, "The timeline for power storage batteries is tight, the task is heavy, and personnel should not be changed casually. I hope that the person who goes can endure hardship and contribute to the group."
"Brother, are you coming?" Chen Chuan asked a slightly overweight, honest-looking middle-aged man next to him as he lowered his head.
"Huh, me?" Chen Chuan's brain was like it had gone through a storm. He seized on the point about power storage batteries and made up some nonsense: "I may not be too proficient in batteries. For things like electrolyte ratio adjustment, let someone else do it."
“That’s true. You couldn’t slack off anymore back then, and the management was quite strict.” The man nodded, clearly agreeing with Chen Chuan’s statement.
As the saying goes, if you don't slack off at work, then you've lost the point of going to work.
Although SAIC Motor's R&D department is huge, it is not lacking in employees who just coast along and do not believe in empty promises.
After a meeting that lasted about half an hour, Chen Chuan roughly understood that SAIC Motor was going to pursue an electric vehicle route in response to the country's green energy strategy.
"Wow, I might be a 007 agent, I even managed to dig up information about this."
Chen Chuan was secretly delighted.
After the meeting ended, he left with the "main group" and, under the pretext of going to the restroom, quickly slipped away. Relying on his memory, he went to the production factory to meet up with Xiong Yufeng, Wang Liu, and others.
However, when he arrived, he was dumbfounded.
"No, where's the car?"
"Did they run away first?"
Thinking of this, he took out his phone and saw the message from Wang Liu.
[Liu Zi]: Things have changed. We're leaving now. Be smart and leave with the workers after get off work. You'll be fine.
"Depend on!"
Chen Chuan's heart tightened. Just as he was starting to panic, several leaders from SAIC Motor were about to inspect the workshop.
When they saw Chen Chuan, they thought he was a lazy employee, and someone immediately went up to ask him.
"What are you doing here?"
Remembering Xiong Yufeng's words, Chen Chuan replied, "I'm here for an interview, but I'm lost. Um, where's the administration building?"
"Why did you end up here when you were going to the administration building?" Although the other person was puzzled, they still pointed the way: "Go that way, you'll see the national flag and car company flags. That's a lake. The building directly opposite the lake is the administration building. If you don't know, just ask someone. Don't wander around aimlessly, okay?"
"understood."
Chen Chuan nodded in response.
The leaders ignored Chen Chuan and went into the production workshop.
The workshop manager couldn't help but complain to himself as yet another group of leaders arrived: "Can't the representatives from foreign companies come all at once? They keep showing up every few days, it's really annoying."
Despite his complaints, he had no choice but to receive visiting leaders.
After watching the leaders enter the production workshop, Chen Chuan quickly went to find the restroom, intending to hide there and wait for the end of his shift.
He never imagined that intelligence work would involve this kind of job, but thinking about it carefully, it's actually quite exciting. He now feels no different from 007, and even slightly better looking.
……
Shangri-La Hotel.
At the Lujiazui Investment Exchange Forum, Bao Xingwei had just finished speaking. He hadn't forgotten his original purpose for attending the meeting, and looking at Zhang Yang, he said:
"The recovery of the Chinese economy and the world economy is an inevitable result. Now, let my student Zhang Yang share how ordinary investors should invest systematically under the expectation of recovery."
"Clap clap-"
A burst of applause erupted in the hall.
When Bao Xingwei spoke, he emphasized the words "my students," which seemed to be hinting at something and was quite intriguing.
Yin Huai'an, the village head of the Shanghai Securities Regulatory Bureau, and Dai Ruixuan, the Shanghai branch president of Huaguo Bank, exchanged a glance. Although they were very surprised, they remained outwardly composed.
Li Daxiao, chief analyst at Yingda Securities, was clearly surprised to find that Zhang Yang had a powerful patron backing him, which made him somewhat apprehensive.
As the applause subsided slightly, Zhang Yang picked up the microphone and said, "Thank you very much, Professor Bao, for your wonderful speech. I agree with Professor Bao that the Chinese and global economies will definitely recover. Economic cycles don't just have a bottom; they fluctuate. Now, some people may ask, how can ordinary investors like us seize this wealth opportunity?"
"Let me take a moment to advertise."
"Caiyan.com is a financial website that I funded and founded. It contains a lot of my own understanding of the stock market."
After finishing his advertisement, Zhang Yang steered the conversation back to the topic Professor Bao had given me: "How should ordinary investors systematically invest under the expectation of recovery?"
"If you want to make systematic profits from investing, the first question you need to ask yourself is, has the economy truly recovered?"
"The stock market is a barometer of the economy. Under the backdrop of economic downturn and economic prosperity, there are two different investment logics."
“If the economy is in a downturn, that is, if the economy falls into deflation, people are unwilling to consume, and companies cannot make money, then buying consumer stocks is obviously not a good idea.”
“An economic boom is a completely different story. When people have more money in their pockets, they naturally think about buying cars and houses, and engaging in consumption and tourism. The corresponding stocks are real estate, automobiles, and consumption and tourism sectors, plus their upstream and downstream industries.”
“The understanding of the underlying institutions is very important. Only after understanding the macro environment can they establish corresponding investment strategies.”
After a half-second pause, Zhang Yang smiled and said, "Of course, the stock market investors watching the live stream right now don't want to hear me talk about macroeconomics and microeconomics, but rather how to achieve positive returns in the stock market."
"As Mr. Bao just mentioned, the economy is on the road to recovery, so our investment strategy needs to be based on this recovery."
"As the saying goes, the stock market is a barometer of the economy. Since the economy is recovering, the stock market will naturally rise as well."
“At this point, some investors might say, ‘I don’t know how to pick stocks, so how can I profit from this economic recovery?’”
"It's very simple."
"Cost-based investment + broad-based investment + grid investment"
"Dollar-cost averaging is investing a fixed amount at regular intervals. Broad-based indices include the CSI 300 and others. Grid investing involves repeatedly trading intraday. Combining these strategies means setting a time frame and investing a fixed amount each month. Broad-based indices tend to have smaller fluctuations. Even if they drop by 2%, your doll-cost averaging strategy can spread the cost of your holdings. Once you have a profit of 3% or more, you can reduce your holdings appropriately and buy back when the price drops, repeatedly arbitrage to profit from price increases."
At this moment, the stock market investors watching the live stream were already eagerly taking notes.
[Little Squirrel]: Joker, slow down, my hand speed can't keep up.
[Super Chenchenchen]: It has to be Joker, the master. He casually revealed my profit formula.
[Veteran retail investor]: As a stock market investor of ten years, I agree with Zhang Yang's strategy: don't rush to be first, strive for continuous flow. Many stock market investors from the same period as me lost so much in 07 that they wouldn't recognize their own mothers. I survived by relying on fixed-amount investment and have now recovered all my losses.
[Teacher Big Pineapple]: Many stock investors want to make quick money, but the stock market is actually a place to make money slowly. The faster you go, the more anxious you become, and the more anxious you become, the easier it is to get trapped. Before the CSI 300 was available, I focused on trading bank stocks. I could easily make 15% a year. I wouldn't say I became rich, but I made at least several hundred thousand yuan by trading stocks.
[Egg Tart is Not a Stepping Egg]: No, nobody told me that the stock market is a place to make slow money. I thought everyone was chasing the daily limit and hot stocks. This time I'm really crying.
Zhang Yang's words made many new stock investors fall into deep thought.
When they enter the stock market, they're all thinking about making quick money. Nobody thinks about investing in broad-based indices, or even using a combination of dollar-cost averaging and grid trading. Making money is just too slow, and there's absolutely no thrill of speculation.
But in reality, pursuing quick money is tantamount to gambling.
Many people might say that this is an investment, and even if I lose, I won't lose everything; at most, I'll only lose 20%.
This kind of thinking is really no different from gambling. At most, you lose 20%, which is only 100 yuan, but it's like betting 20 yuan in disguise.
The simplest way to distinguish between an investor and a gambler is to look at their holdings. If they are all stocks in popular sectors, there is no doubt that they are a gambler disguised as an "investor".
Just then, Yin Huai'an, the "village chief" of the Shanghai Securities Regulatory Bureau, chimed in: "Zhang Yang, you just mentioned absorbing the gains from this round of economic recovery. I see you're bearish on social media. So, has this round of gains actually ended?"
Undoubtedly, this is the issue that all stock market investors are most concerned about.
Most importantly, the person asking the question now, Yin Huai'an, is the head of the Shanghai Securities Regulatory Bureau, and he has regulatory power.
"If I remember correctly, after hitting a low of 1664 points in November 2008, it has risen for almost nine months by August 2009, and the index has even broken through to 3478 points."
Zhang Yang first presented the stock market data, then smiled calmly and continued, "Whether buying broad-based indices or individual stocks, the vast majority of investors who bought at the bottom have already doubled their money."
"Going back to the basic economic level, the stock market is a barometer of the economy, and the index is a barometer of companies."
"Only when corporate profit growth expands can the A-share price-to-earnings ratio be kept within a safe range. However, we can clearly see that the average price-to-earnings ratio of A-shares has reached 30 times. To be precise, it is now 28 times the average price-to-earnings ratio. The index increase has significantly exceeded the growth rate of individual stock profits."
“It’s perfectly normal to be bearish when it’s clearly visible to the naked eye. If the price-to-earnings ratio drops below 15, I will immediately become the absolute bullish force in the market.”
Zhang Yang deliberately avoided the word "bubble" in his remarks to prevent panic among stock market investors, and also to express his attitude to Yin Huai'an and the leaders watching the live broadcast.
He wasn't blindly bearish, nor was he predicting the downfall of A-shares; rather, he was taking appropriate action based on specific circumstances.
"Hahaha."
Yin Huai'an smiled and praised, "No wonder Caiyan.com can stand out; the person in charge is indeed very important."
He knew that the bubble in the A-share market had reached a point where it had to be burst, otherwise the risks of dealing with it would be even greater when credit funds began to flow in at an accelerated pace.
Bao Xingwei, standing to the side, nodded slightly, his eyes full of admiration as he looked at Zhang Yang.
Just then, someone came to stir things up. Dai Ruixuan, the head of the Shanghai branch of Huaguo Bank, looked at Li Daxiao and teased, "Recently, I've been seeing a lot of talk about 'Earth's peak,' 'United Bull,' 'Moon's peak,' and 'Bending-back Bull.' Since Daxiao and Zhang Yang are here, what are your predictions for tomorrow's A-share market trend?"
Li Daxiao's heart skipped a beat. After seeing the other party's terrifying background, he no longer wanted to fight Zhang Yang. Now, with Dai Ruixuan stirring things up, the scene instantly boiled over.
"Hahaha, the multi-headed governor versus the air force commander, who will compromise in the end?"
"Zhang Yang's expression changed. If he continues to be bearish, he'll be doing it in front of the village chief of the Shanghai Securities Regulatory Bureau. I've never seen any stock market expert dare to do that."
"The Shanghai Securities Regulatory Bureau chief isn't the same person as the one in Beijing, so it shouldn't be that serious, right?"
"Just tell me, are you the village chief or not?"
"Haha, let's watch the show."
The instantly boiling atmosphere in the venue caused Zhang Yang and Li Daxiao to change their expressions slightly; Dai Ruixuan's attempt to incite the crowd was undoubtedly successful.
"Just be objective."
Bao Xingwei spoke up to remind him.
"Yes, as long as it's objective, we'll ask the organizers to bring paper and pens so Zhang Yang and Li Daxiao can write it down, and then we'll publish the content together later."
Dai Ruixuan seemed to enjoy watching the drama unfold, keeping the pace incredibly fast.
Yin Huai'an, who was standing to the side, couldn't help but smile bitterly. He seemed to have guessed the outcome, because no one had ever publicly predicted a downturn in front of him before, and Zhang Yang would most likely turn the tables.
……
At Dai Ruixuan's urging, the staff at the venue brought paper and pens, as well as a portable table, so that Zhang Yang and Li Daxiao could write it down.
ten minutes later.
Zhang Yang was the first to hand in his paper.
The paper was taken to the backstage area, entered into the computer, and prepared for projection onto the large screen.
Li Daxiao was five minutes slower; during those five minutes, he was actually considering Bao Xingwei's problem.
If Bao Xingwei publicly refutes Zhang Yang's claims, will he protect his own?
He didn't know.
All he knew was that he couldn't afford to offend anyone.
After much hesitation, he remained steadfast in his convictions. After all, there were traps both ways, and sticking to his beliefs might be the only way to escape.
"Our teacher Da Xiao's prediction has also been sent to the backend for entry. Please wait a moment."
The host maintained a steady and controlled demeanor.
Seeing this, Chen Xiaoqun looked at Zheng Minghui from below the stage and asked, "Uncle, do you think Joker will change his mind?"
"will not."
Zheng Minghui answered very decisively.
"Why? Village Chief Yin Huai'an is watching from the side. Won't he give the other party some face?" Chen Xiaoqun asked again.
"If Zhang Yang is giving Yin Huai'an face, then isn't Bao Xingwei's face also face?" Zheng Minghui said with a faint smile.
Just then, the host received a notification from the backstage that the data had been entered. He immediately took control of the situation and said, "Alright, the two teachers' predictions for the A-share market next Monday have been entered. Let's count down from three and reveal the answer."
"three!"
"two!"
"one!"
As the countdown ended, the LED screen displayed the answers from Zhang Yang and Li Daxiao.
[Zhang Yang]: The 3000-point mark has been breached, and the market sentiment has collapsed. The technical indicators show an accelerated downward trend. A continuation of the downward trend cannot be ruled out, but the top has already been formed, and the overall trend will continue to decline.
[Li Daxiao]: The index has fallen 500 points in 8 trading days with decreasing volume, indicating that retail investors are not willing to sell. If the index continues to fall, a large amount of retail investors' funds will flow in, pushing the index up. Moreover, the macroeconomic data for July all show an upward trend, so the probability of further decline is not high. If I had to name a bull market, I would call it a "united bull market." When retail investors are united, their strength can break gold, and the 3000-point mark can be held!
After reading the content written by the two, the host raised his arms and shouted, "Wow! Universe Top and Unity Ox, let's wait and see who will be the real deal next Monday!!"
(End of this chapter)
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