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

Chapter 224 The Evil Fuchun Road Plan, A-Shares Return to 3000 Points

"Doesn't that mean Asking's fraternity is going to drive up the price of Haitong Foods a second time?" Liao Guopei's eyes lit up, eager to try.

He didn't expect Zhang Yang's return to bring such a bombshell.

If the market is clearly favorable, it would be a shame not to take advantage of it.

"Given the trading style of the Minfu Group's speculative capital, Haitong Foods will likely remain stagnant for at least six months. We need to calculate the time cost."

Lin Guangchang reminded him.

The cost of time is a vague concept for most people, and may never even be within their comprehension. It is this lack of understanding that leads to the loss of wealth.

What is the time cost of stocks?
For example, suppose you bought 100 million yuan worth of ICBC shares at the peak in 2007. In 2009, including dividends, you got back exactly 100 million yuan of your principal, seemingly breaking even. However, based on the 4.68% annual interest rate for a two-year deposit in 2007, you actually lost 9.36 yuan. This 9.36 yuan is the time cost paid for holding the position for two years.

Many people buy a stock without realizing that their funds are being tied up, that their funds are depreciating, or that they are experiencing the effects of compound interest.

When Lin Guangchang mentioned "time cost," it was already 9:15 a.m., and the A-share market opened its doors to everyone.

The red glow of the Shanghai Composite Index sent a jolt through all investors. The banking sector, after its surge in the previous two trading days, did not experience any so-called technical correction.

The core logic behind a technical correction boils down to two things: a lack of confidence among retail investors and weak buying support.

Retail investors lack confidence, and funds from bottom-fishing, profit-taking, and being trapped will "reduce positions at higher prices." If the buying support cannot withstand the selling pressure, a technical correction will occur.

While the banking sector didn't experience a market sell-off, other sectors began to "compete for attention."

China Yangtze Power, a leading company in green power, has seen a 3.62% increase, with its current price at 13.91 yuan.

Guizhou Moutai, the leading liquor company, also saw a 2% increase, with the current price at 170.12 yuan.

Vanke A, one of the leading real estate companies, also quoted a price of 11.76 yuan, an increase of 2.54%.

The only downside is that the gains in the coal and securities sectors were relatively small, but the fact that they didn't cause a market crash is a blessing in disguise.

Liao Guopei didn't look at the overall market, but instead offered his opinion: "We still have 8.7 million yuan in available funds. It's impossible to buy all of it into Shancheng Beer, and we don't have that many shares to buy. I think we can allocate a portion to reinvest in Haitong Foods and wait for Asking to drive the second wave of the rally."

He added immediately after saying that, "After all, it's just sitting there; we can't keep throwing money at reverse repurchase agreements."

After several rounds of interest rate cuts to stimulate the economy, the interest rate for one-day reverse repurchase agreements of treasury bonds is currently fluctuating between 1.5% and 1.8%.

Based on a compromise rate of 1.65%, 8.7 million yuan invested in reverse repurchase agreements would yield approximately 39328 yuan in profit over one day.

"Tens of thousands of yuan is indeed too little; we need to find new targets to set up."

Lin Guangchang nodded in agreement.

A daily income of nearly 40,000 yuan would be a huge sum for an ordinary person, but it was really too little for the "Liu Guan Zhang gang," since they could make millions or tens of millions of yuan in a single game of betting or quick in-and-out.

At this moment, both of them were waiting for Zhang Yang to make the decision, because when Zhang Yang was around, he was the absolute backbone of the "Liu, Guan and Zhang gang".

Seeing Liao Guopei and Lin Guangchang rubbing their hands together, ready to make a move, Zhang Yang withdrew his gaze from the stock market and then smiled faintly, saying, "You're right. Funds shouldn't be idle in reverse repurchase agreements. The current short-term theme in the market is the concept of curative hepatitis B vaccines. How about we create another 'Double Dragon'?"

"Two dragons?"

"What two dragons?"

As soon as Zhang Yang finished speaking, Liao Guopei and Lin Guangchang visibly showed surprise. They had not expected that Zhang Yang was going to create another dragon.

After a brief hesitation, Lin Guangchang seemed to have thought of something and tentatively asked, "Joker, you don't want to take control of Guangfu Pharmaceutical (now Baiyunshan), do you?"

Currently, only two companies in China have announced their focus on curative hepatitis B vaccines: Shancheng Beer, which acquired Jiachen Biotechnology, and Guangfu Pharmaceutical, which collaborates with Guangfu Air Force Hospital. The remaining companies are focusing on preventative hepatitis B vaccines, as treatment and prevention are two different concepts.

In June 2000, Guangfu Pharmaceutical and Guangfu Air Force Hospital officially signed an agreement to launch the research and development of "anti-hepatitis B virus dual plasmid gene vaccine". In 2006, the preclinical research was completed and the vaccine was approved by the State Drug Administration to enter the clinical trial stage.

Dual-plasmid DNA vaccines activate a specific immune response in cytotoxic T lymphocytes by encoding the hepatitis B virus core antigen and the hepatitis B surface antigen. This dual-plasmid design aims to trigger both humoral and cellular immunity simultaneously, forming a "double-insurance" immune attack network.

In addition, the CpG motif of the plasmid itself acts as a natural adjuvant, which can stimulate the TLR9 receptor to activate dendritic cells and further amplify the immune response.

Furthermore, the research teams from Guangfu Pharmaceutical and Guangfu Air Force Hospital also conceived of using "in vivo electrical pulse technology" to enhance the expression efficiency of antigens.

The principle behind this technology is to disrupt cell membrane permeability through a transient electric field, allowing plasmid DNA to enter liver cells more efficiently.

In contrast, Shancheng Beer's research and development direction is to analyze the high-resolution epitope map of hepatitis B virus antigens, screen out key peptides that can activate cytotoxic T lymphocytes, and construct "artificial mimic antigens".

Whether it's a dual-plasmid gene vaccine against hepatitis B virus or a synthetic peptide vaccine, they all have different processes, but the goal is to activate the body's cytotoxic T lymphocytes.

When Lin Guangchang mentioned Guangfu Pharmaceutical, Zhang Yang paused for a moment, then shook his head and denied it, saying, "This stock has long been controlled by funds. If nothing unexpected happens, it should be a precautionary measure taken by Xu Xiang and Ningbo's limit-up daredevil team."

The previous battle between Jianfeng Group and Rhine Biologics for the top spot in shikimic acid had already taught Xu Xiang a lesson. This time, before boosting the price of Shancheng Beer, he had Sun Guodong and Shu Yimin intervene and take control of Guangfu Pharmaceutical, which was one of only two companies with hepatitis B concepts that were pursuing a cure-oriented approach.

The trading volume, turnover rate, and even the candlestick charts that retail investors see during this period are all artificially controlled by them.

It's no exaggeration to say that if Zhang Yang, Liao Guopei, and Lin Guangchang dared to go in, they would be buried alive in no time.

"If Guangfu Pharmaceutical is controlled, how can we build Erlong?"

Liao Guopei was puzzled.

“Yes, it’s impossible to just create a company out of thin air that claims to have a cure for hepatitis B vaccine, right?” Lin Guangchang nodded in agreement.

Speculative funds or institutional investors control the market in order to profit from retail investors. To profit from retail investors, they must first get them involved.

How to attract retail investors to trade?

Two words: Approved!

A stock can only be manipulated if retail investors recognize its potential value. Otherwise, it's just speculative capital or market manipulators indulging in their own self-indulgence.

For example, the H1N1 flu concept can benefit companies producing vaccines, shikimic acid, testing reagents, or effective drugs, all of which can see revenue growth during this global flu pandemic. Speculative funds and institutions driving up stock prices are also something retail investors are willing to listen to.

However, if it has absolutely no connection to the H1N1 flu concept and tries to force it, it will likely lead to insufficient buying interest.

Hearing Liao Guopei and Lin Guangchang's doubts, Zhang Yang smiled and said, "Have you forgotten that our transaction plan this time includes short selling through securities lending?"

"!!!"

"!!!"

In an instant!
They remembered everything!

When Zhang Yang proposed shorting stocks, Liao Guopei and Lin Guangchang tentatively asked him if he had any inside information, and Zhang Yang replied that he did!

If the development of a curative hepatitis B vaccine fails, who will be the biggest beneficiary?
Without a doubt, it is the numerous companies producing preventative hepatitis B vaccines.

Because once a curative hepatitis B vaccine is successfully developed, the preventative hepatitis B vaccine will completely lose its market.

Conversely, if a curative hepatitis B vaccine fails to be developed, those who should receive the preventative hepatitis B vaccine should still do so.

Liao Guopei's mind raced, and he instantly realized the connection between the companies. He lowered his voice and said, "In other words, the Erlong we control is a preventative hepatitis B vaccine company. On top of the double kill of long and short positions, we're going to add another layer of suffocation?"

"That's too cruel! This is like reaping profits from retail investors twice over. I can't bear it!" Lin Guangchang said half-jokingly.

“We’re all on the same side, stop pretending. You’re the one who’s always figuring out how to fleece retail investors until the early hours of the morning,” Zhang Yang said with a laugh, exposing his lie.

Lin Guangchang spends at least 16 out of every 24 hours meticulously researching how to most efficiently fleece retail investors.

This applies not only to Lin Guangchang, but also to other speculative investors and institutions.

In the A-share market, retail investors are like fish on a chopping board; everyone wants to take a cut and make a killing.

When he was exposed, Lin Guangchang paid tribute to Ma Yun and said: "Actually, I don't love money. I've never touched money. My happiest days were when I was earning 3000 yuan a month in a state-owned enterprise."

"What a charade! I almost believed him." Liao Guopei glanced at Lin Guangchang with disdain, then looked at Zhang Yang and said, "Joker, tell me, which target should we take a controlling stake in?"

"Tiantan Biological Products".

Zhang Yang stated his target.

Before Liao Guopei and Lin Guangchang could speak, he continued to highlight the company's advantages: "Tiantan Biological is a leading domestic technology provider of preventive hepatitis B vaccines. Its products are developed based on recombinant yeast expression technology and are listed as an important supplier in the national immunization program."

"Looking at its semi-annual report, Tiantan Biological's annual production capacity of hepatitis B prevention vaccine is over 20 million doses, and it has passed WHO prequalification. The products are supplied to both the domestic market and international aid projects. In February 2007, the original controlling shareholder, Yanjing Biological Research Institute, transferred 1.83 million shares to Huaguo Biotechnology Group Corporation free of charge. This means that Tiantan Biological was officially incorporated into the central enterprise system."

“State-owned enterprises have one thing in common: their shares are relatively concentrated. Of the 4.63 million circulating shares, Huaguo Biotechnology Group Co., Ltd. holds 2.74 million shares, accounting for 56.27%. The other top ten shareholders are all public funds. The one with the highest shareholding is Dacheng Blue Chip Steady Securities Investment Fund, which holds 2.46%, or 1200 million circulating shares.”

After a pause, Zhang Yang continued, "The top ten shareholders of Tiantan Biological hold about 60% of the shares. There are approximately 1.852 million shares in circulation outside the top ten. According to its semi-annual report, there are 51416 shareholders, with an average holding of 3601 shares per person. Based on the current share price of 28.51 yuan, the average holding exceeds 10 yuan. This suggests that there is a high probability of a major player involved. We can work together with them to harvest the retail investors."

During his week-long business trip to Yanjing, Zhang Yang did not slack off. He not only kept a close eye on the changes in the A-share market, but also came up with a series of plans targeting the concept of curative hepatitis B vaccines!
The most important reason for choosing Tiantan Biological is that Tao Yuang handed over incriminating evidence against several senior executives of Tiantan Biological.

Seeing how meticulous Zhang Yang's plan was, Liao Guopei and Lin Guangchang had nothing to say and chose to cling tightly to his coattails.

Liao Guopei: "I'll listen to Joker!"

"Then we'll start accumulating shares in Tiantan Biological Products later?" Lin Guangchang asked.

“It can’t be absorbed today, it chose to suspend trading for a day.” Zhang Yang smiled and said, “I guess the big players pushed it up too fast. After hitting a bottom of 16 yuan on August 19, it rose to 28 yuan in just over ten trading days, an increase of 75%. State-owned enterprises listed companies are quite sensitive to stock price fluctuations, so it’s normal for them to suspend trading for investigation.”

Upon hearing this, Lin Guangchang opened the daily chart of Tiantan Biological Products, glanced at it briefly, and muttered, "It hit the daily limit on September 4th and 7th. This seems to be the time when the concept of curative hepatitis B vaccine is gaining traction. Is the big manipulator trying to ride the wave to unload his shares?"

"Most likely."

Liao Guopei also opened the daily chart of Tiantan Biological and captured key information, saying: "There was a huge volume on September 8, which may have been a distribution, but it should not have been completely distributed. The next day, there was a strong rebound, and they plan to distribute again in the second wave of the market."

Tiantan Biological's average trading volume during the "bloody August" was only 210 million yuan, and even when it fell to 16 yuan, the trading volume only increased by 10 to 20 million yuan.

However, starting from August 27th, its trading volume soared from 250 million to 18.67 billion, clearly driven by capital.

"If the market maker sells off at this time, wouldn't that create a large number of trapped investors?"

Liao Guopei then looked at Zhang Yang.

Lin Guangchang: "To free these trapped investors, a huge amount of capital is needed, and we cannot tell whether the market maker has cleared out their shares."

“We don’t need to determine whether the big players have cleared out their positions. Since they chose to ride the wave of the curative hepatitis B vaccine, they should know that this round of market activity cannot be sustained. To put it bluntly, they have to quickly push up the price and quickly sell off their shares.”

Zhang Yang responded in a deep voice.

Tiantan Biological is a leading technology company in preventive hepatitis B vaccines. Currently, Xu Xiang and others are speculating on the concept of curative hepatitis B vaccines, and the market is also speculating around the concept of curative hepatitis B vaccines. The big players in Tiantan Biological must also know that they cannot delay selling for too long. Once retail investors realize that Tiantan Biological is not related to curative hepatitis B vaccines, the support below will collapse instantly.

Upon hearing this, Liao Guopei understood Zhang Yang's meaning and replied, "In other words, we'll wait until Lao Zhuang finishes selling off his shares in this round, then slowly accumulate more shares. Once the bubble in Shancheng Beer bursts, we'll switch to Tiantan Biological to drive up the price, forming a closed-loop harvest!"

"To be precise, we need to hype up Tiantan Biological Products before we puncture Shancheng Beer, and then have the two leading companies follow the trend. Once Shancheng Beer falls, the curative hepatitis B vaccine will likely see a surge in price, at which point we can then carry out a second round of suppression!"

Zhang Yang corrected him with a faint smile.

Upon hearing this, Lin Guangchang, who was standing nearby, immediately envisioned the thought process of these retail investors and vividly described it: "I can already imagine the path these retail investors will take to be fleeced. They will rush to buy Shancheng Beer when they see the positive news about the curative hepatitis B vaccine."

"One board!"

"Five boards!"

"Ten strokes!"

"The stock price has skyrocketed!"

"Then, just as Joker said, the vaccine development failed, the bubble of the curative hepatitis B vaccine burst, and some speculative retail investors will think, since the curative hepatitis B vaccine is a scam, then the preventive hepatitis B vaccine is the preferred choice in the future. When they come into Tiantan Biological, we will dump the shares again and make them lose everything!"

"Wonderful! Hahaha!!"

Lin Guangchang couldn't help but burst into laughter.

He pondered day and night, how could he not have come up with such a beastly scheme?
If a retail investor is repeatedly exploited, one can't even imagine the mental state of the other party, whether they would consider closing their account and quitting the game.

"As expected of Fuchun Road, it brought us a pleasant surprise as soon as we returned."

Liao Guopei's praise was tinged with admiration; perhaps only top-tier speculators who had thoroughly studied retail investors could devise such a brilliant strategy of both killing and destroying their spirit. At that moment, he was also grateful that he was on Zhang Yang's side; otherwise, he would have been ripped off by this guy.

"Then it's settled. We'll set traps and accumulate shares simultaneously, then when the time is right, we'll wipe out retail investors, speculative funds, and institutional investors all at once!"

When Zhang Yang uttered the words "catch them all in one fell swoop," Liao Guopei and Lin Guangchang could clearly feel the confidence and composure in his tone, as if every word struck a chord with them.

They couldn't help but feel intimidated; this man was truly adept at reaping the benefits!
"Gulu——"

Liao Guopei swallowed hard and replied, "Alright, let's catch them all in one fell swoop!"

"This plan is so meticulous, with each step linked to the next. It might even go down in history. I suggest we give it a code name so that future generations of speculators can learn from it frame by frame."

Lin Guangchang looked at Zhang Yang. He genuinely felt that the plan was cleverly designed and even included the "escape route" for retail investors.

The only uncertainty is the development of a curative hepatitis B vaccine.

If Shancheng Beer announces successful research and development and enters the mass production stage, not only will all their previous efforts be in vain, but they may also be heavily indebted because it involves securities lending.

"How about we call it 'The Evil Fuchun Road Plan That Makes Retail Investors, Speculative Funds, and Institutional Investors Cry Out in Despair, Crying for Their Parents and Begging for Help, a Plan That Leads to Darkness and No Light'?"

Liao Guopei answered quickly.

“Too long, let me think.” Zhang Yang thought carefully and replied, “Let’s call it the Evil Fuchun Road Plan. Only we could do something so inhumane and immoral.”

"Hahaha!"

"Hahaha!"

Inside the meeting room, the three of them laughed continuously.

……

By the time Zhang Yang, Liao Guopei, and Lin Guangchang were refining their harvesting plan, it was already past 9:30.

The Shanghai Composite Index opened at 2990.93 points, while the Shenzhen Component Index opened at 12145.84 points. Although both indices opened slightly higher, the Shanghai Composite Index quickly climbed to the key 3000-point mark.

What does 3000 points in the A-share market mean?
Bull and bear markets are switching!

If a stock's bull-bear line is the 120-day moving average, then the bull-bear line for the A-share market is 3000 points. Only when the Shanghai Composite Index breaks through 3000 points can it be called a bull market.

Seeing the A-shares index reach 3000 points, Chen Xiaoqun, who was far away in Yanjing, immediately looked at his homeroom teacher Chen Fangmei next to him and said, "Sister Mei, I told you, trusting the Joker master was definitely the right thing to do. We easily took down 3000 points, and we've made a fortune this time!"

Chen Xiaoqun's school has a break for morning exercises from 9:30 to 9:55, so she can check the market and trade immediately.

Furthermore, he actually took Chen Fangmei's words to heart last time. Now, Chen Xiaoqun no longer conducts transactions in the classroom multimedia room, but instead goes to Chen Fangmei's office computer to do so.

As for being called "Sister Mei," that's a more intimate way of addressing her in private.

"Wow, that's really true, 3000 points already. Will it continue to rise?"

Chen Fangmei inquired.

She herself also invests in stocks, but she didn't tell Chen Xiaoqun. Instead, she pretended to respect Chen Xiaoqun's interests and hobbies.

"Maybe. There's a lot of hype surrounding Chongqing beer right now, and everyone's saying a curative hepatitis B vaccine is coming out soon. I bought some last week and haven't sold them yet, so the overall market doesn't affect me that much."

Chen Xiaoqun explained.

"You didn't sell even though the price went up so much?" Chen Fangmei asked, somewhat surprised.

"???"

Chen Xiaoqun was taken aback at first, then asked in return, "Sister Mei, how do you know it's gone up a lot? Do you also follow the stock market?"

"My husband invests in stocks; he mentioned it over the weekend," Chen Fangmei said without batting an eye, offering a convenient excuse.

"I see. Then Sister Mei should remind him not to sell Shancheng Beer too easily. The concept of curative hepatitis B vaccine has just been hyped up. As a short-term main theme, it can still rise for a while."

As Chen Xiaoqun finished speaking, Chen Fangmei was already heartbroken, thinking, "It's too late. I sold it last Friday."

So her heart was bleeding, but she still tried her best to control her emotions and said, "Okay, I will definitely tell him not to sell it."

"Also, the market is very strong at the moment, so there's no need to rush into a decision. Let him watch Joker's channel for speculative capital more often."

"I will definitely tell him."

"In addition..."

Chen Xiaoqun didn't notice at all that a hint of pain had flashed in Chen Fangmei's eyes.

If being trapped in a losing position is painful, then missing out on a loss is pain on top of pain!

Because Chen Xiaoqun claimed to know Zhang Yang, Chen Fangmei decisively started copying Chen Xiaoqun's "homework" and easily earned several thousand yuan, equivalent to half a month's salary.

At this moment, not only Chen Fangmei missed out, but also a large number of retail investors who missed out were filled with regret and questioning themselves why they didn't buy at the bottom.

[Take a Summer Break]: It's only been a few days, holy crap, how did it suddenly reach 3000 points? I'm so damn angry at the main force's chrysanthemum!

[Wang Yuyan's Dog]: This rally is truly amazing! It started on September 1st and pulled back 3000 points in 10 trading days, a gain of only 400 points. It's really incredible!!

[Boring Life]: If I could go back to September 1st, I would definitely max out my credit cards, then use the money to buy some off-exchange stock with 10x leverage, and finally go all in at 2600 points!
[Ben Zhou Shi Xuan Zhuan]: You're using credit cards and leveraging 10 times, why don't you just borrow from all your relatives and friends, list your wife on Jiayuan.com, go all in, and make tens of millions?
[Boring Life]: I never thought of that, but unfortunately I don't have a wife, so I can't list my wife and mother-in-law on Jiayuan.com.

[Lone Wolf]: Awesome!
[Ben Zhou Shi Xuan Zhuan]: You're ruthless, I admire you!

While retail investors were discussing and regretting not going all in, Hu Xijin, who had just entered the stock market, had already been invited to start a live broadcast. He was connected with Jiang Minjun, the brand manager of Sina Finance.

Jiang Minjun is a typical northern girl, with regular features and a tall figure. Her professional attire accentuates her striking beauty.

She was sitting in a chair with a camera and screen in front of her.

"Can you hear me, Editor-in-Chief Hu?"

Jiang Minjun waved and greeted them.

After a brief delay, Hu Xijin nodded repeatedly and said, "I can hear it, I can hear it."

After Hu Xijin said "I can hear you," Jiang Minjun immediately got to the point: "It is a great honor to have Editor-in-Chief Hu Xijin join us for our live broadcast today. As a new stock market investor, Editor-in-Chief Hu, what are your feelings about the stock market?"

After another brief delay, Hu Xijin responded: "I think the stock market is very good. Our Chinese stock market is resilient and resilient. I just opened an account last week and have already made 2400 yuan. I feel very happy."

What type of investment did you buy? Could you share it with everyone?

Jiang Minjun asked again.

Hu Xijin glanced at his holdings and said, "I bought Shancheng Beer. When I saw it trending on Sina Finance, I realized it was something special. Sure enough, I managed to get it to hit the daily limit up."

"Oh, right."

Then he remembered something and praised, "Before I bought it, I used Sina Finance's stock analysis tool to confirm that there were no problems before I heavily invested in Shancheng Beer. I recommend that all retail investors like me use Sina's stock analysis tool."

"Wow, it seems that Sina's stock analysis service has really helped a lot of new stock investors. Could you please introduce its features to us?"

"With just a few diagnostics, I can understand a stock's technical, fundamental, and news aspects, which is very useful to me."

"Besides Chongqing Beer, what other stocks has Editor-in-Chief Hu bought?"

"And the Industrial and Commercial Bank of China and Yangtze Power."

"How did you choose the stocks?"

"These are high-quality stocks selected through Sina Finance's stock selection section."

The two chatted back and forth, while Sina Finance's advertisements were being promoted loudly.

Just then, Jiang Minjun changed the subject, saying, "We noticed that Editor-in-Chief Hu said that there are opportunities everywhere below 3000 points. What experience led you to this conclusion?"

Hu Xijin thought about it carefully and replied, "I've been following the stock market for a long time, but I've never opened an account to play. Based on my observations, no matter how many times the Shanghai Composite Index falls, it always returns to above 3000 points. So I think there's gold everywhere below 3000 points."

"If the index falls below 3000 points again, would you choose to increase your holdings?"

Jiang Minjun pressed for an answer.

Hu Xijin said with certainty and decisiveness, "Without hesitation, I dare to buy as long as it drops, I will definitely buy as long as it drops!"

When Hu Xijin said "I will definitely buy," the number of viewers in the live stream skyrocketed, and countless retail investors were inspired by his confidence.

Not only Sina Finance is doing live streaming, but Eastmoney is also doing live streaming, and even had its brand ambassador Li Daxiao "raise cattle" on site.

"Comrades!"

"The 3000-point mark has been surpassed!"

The toughest days are over!

Li Daxiao continued his narration with great emotion and blinking eyes, "The bloody August is over, and now it's the dawn of September. As everyone knows, bulls go crazy when they see something red, they charge around recklessly. Blood is red. August provoked our bulls, and in September, the bulls of our Chinese stock market will go crazy for everyone to see. Let's cheer for the mad bulls! In September, the rise will make us dizzy!"

In an instant, countless viewers in the live stream room erupted in excitement.

[Will She Come Back?]: Having surpassed 3000 points, the next target is 4000 points. The bull market is surging forward, and I'm fully invested!

[Night Rain]: 4000 points? I feel that this wave of the stock market can reach 6000 points, and might even break the previous high and reach 7000 points!
[Old-fashioned Steamed Bun]: Who do you think you are, looking down on 7000 points? If the Dow Jones can climb to 10000 points, we can climb to 20000 points. I'm making this promise!

[Jianghu Xiaonvzi]: If the A-share market can rise to 20000 points, I can't imagine how luxurious my life would be. I'd probably have to add two sausages to my instant noodles, hahaha!
In addition to Sina Finance and Eastmoney, Tonghuashun also had its spokesperson Chow Yun-fat start a live broadcast, also posing as a new stock investor, while secretly inserting Tonghuashun's advertisements.

Spokespeople for Sina Finance, Eastmoney, Tonghuashun, and Penguin Finance are all live streaming, afraid of missing out on 3000 points of traffic.

What caused an uproar was that a large number of marketing accounts also jumped in.

Shocking! Hu Xi made a fortune of 2400 yuan after entering the market; is investing in A-shares really picking up money?

"The A-share market is experiencing a surge in profits, a new wave of account openings is underway, and the Shanghai Composite Index is poised to break records again at 3000 points."

"God of Gamblers" Chow Yun-fat says investing in A-shares is no different from picking up money; the market is already at rock bottom, so it's bound to go upwards no matter what!"

The A-share market has just crossed the 3000-point mark, and almost the entire internet is bullish, with only a very few bloggers maintaining a cautious investment attitude.

……

Amidst extremely high sentiment, there were no surprises for the A-share market on September 14th, with both major indices opening higher.

At the close of trading at 3 p.m., the Shanghai Composite Index closed at 3026.74, up 1.24%, with a trading volume of 1571 billion yuan, an increase of more than 200 billion yuan compared to the previous trading day. For a key resistance level, increased volume is definitely a good thing.

Why is it considered a good thing?
1. Release those trapped in a losing position.

2. Reset profits.

Whether it's selling off trapped shares or cashing out profitable ones, it's undoubtedly beneficial for subsequent price increases.

The expected scenario of continuous price increases with decreasing volume will not occur during a bear market, or during a transition between bull and bear markets, or vice versa.

Only when all retail investors and institutions believe that prices will rise and the market is in a slow bull market is it possible for prices to rise continuously with reduced volume. Otherwise, rising prices with reduced volume are most likely a false breakout.

As for the Shenzhen Component Index, it closed at 12385.06, up 2.39%, with a trading volume of 934 billion yuan.

It is worth mentioning that Shancheng Beer has been hitting the daily limit since the opening auction at 9:15 am. The total trading volume for the day was only 2.43 lots, and the final closing price was 37.68 yuan, marking six consecutive days of limit-up trading.

Accumulating shares at the daily limit up price is too difficult. The "Liu Guan Zhang gang" only bought 1400 shares throughout the day, investing a total of 52752 yuan. Their current holdings are 1212.04 million shares.

Because Shancheng Beer had a strong run of six consecutive limit-up days, and was only two limit-up days away from triggering the "Serious Abnormal Stock Trading Announcement," some retail investors wavered at the end of the trading day and chose to sell early, fearing that some black swan event might occur.

Xu Xiang, who was in charge of "Zexi Private Equity", naturally understood the psychology of retail investors' holdings. He also knew how to force retail investors to sell their shares. The fewer retail investors there were in the stock, the closer he was to becoming the "2009 Demon King"!

(End of this chapter)