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

Chapter 244 Zhao Danyang Confesses to Old Bao, and Foreign Capital Enters the Game
China Asset Management Shanghai Branch.

When Bao Xingwei, leaning on a cane and dressed in a simple Tang suit, entered the open office area surrounded by company leaders Cai Zhenjia, Fang Jingyi, and others, all the fund managers turned their heads to look at this titan of China's financial world.

"That looks like Professor Bao. I heard him lecture at the last macroeconomic forum. Back in 2008, he accurately predicted that the world economy would fully recover by 2011 at the latest."

"A big shot is a big shot. If I had told my wife to sell our house and go all in on stocks back in 2008, we wouldn't be working like slaves now."

"I regret not selling my house and going all in on Italy during the 2006 World Cup in Germany. If I had gone all in, my investment would have multiplied dozens or even hundreds of times. Wouldn't that have been better than investing in stocks?"

"This is the first time I've ever seen President Cai and President Fang put on such obsequious faces, like lapdogs."

"Keep your voice down, or they'll dock your performance bonus if they hear you."

"If they dare to dock my performance bonus, I'll slash their tires after get off work!"

Anyone who has worked in a financial institution knows that the monthly salary is just a small part; the real big part is the year-end performance bonus.

In other sectors, such as the internet industry, salaries are typically 13 or 15 months' pay. However, financial institutions are different; top performers can earn 30 or even 50 months' pay.

During the bull market of 2006, Wang Yawei, known as the "top fund manager of China Asset Management," once received a lump sum of 40 months' salary at the end of the year.

At this moment, all the fund managers were talking about it, but they only dared to whisper, for fear of being overheard by their superiors.

"Mr. Bao, that's Xiao Jing's office over there. She's been doing really well lately, accurately predicting the rise in real estate prices and ranking among the top three in the industry for similar funds."

"When I first saw Xiaojing, I felt that she was a promising talent. Now her returns are among the top in the industry, which proves my point of view. Hahaha."

"I have to admire Xiaojing's investment acumen. She accurately bought at the bottom in early September, sold at the high point in mid-September to take profits, and then bought back near the bottom in September. Now her real estate fund has a return of 38%. She truly deserves to be a student taught by Mr. Bao. She's amazing!"

"I heard she was the first place winner of this year's Huaxin Securities Simulated Trading Competition. She truly lives up to her reputation!"

The leaders of China Asset Management were all smiling, and everyone was flattering them; their faces clearly showed their desire for advancement.

Anyone who has worked in the corporate world knows that ability is not really important; the key to promotion is whether you can win the favor of your boss.

There's a popular saying online: "In school, you scoff at interpersonal relationships; once you enter the workforce, you analyze them frame by frame."

Why do we need to analyze frame by frame?

We've already hit a wall.

If you were a company leader, you would know without a doubt that you would prefer to promote young people who give you gifts during holidays and slip cigarettes and alcohol into your car trunk.

Although Bao Xingwei has retired, he still wields considerable influence in China's financial world. A single letter of recommendation is enough for the local leadership to transfer him to the headquarters in Beijing.

However, having grown accustomed to flattery, Bao Xingwei remained unmoved. He casually asked, "How large is her foundation now?"

"It's close to 10 billion. For a newcomer as capable as Xiao Jing, we are studying how to allocate resources to her so that she has room to grow."

Ou Guiyan replied.

As the "handsome man killer" of Huaxia Fund's Shanghai branch, Ou Guiyan is not ugly, but she is a bit old. If she were to relax her criteria for choosing a partner, she could still get married.

Seeing Ou Guiyan answer first, Cai Zhenjia was a little displeased, but he still smiled and said, "Yes, we are studying how to allocate resources and have already contacted more than a dozen banks in Shanghai to ask them to promote Xiaojing's real estate mutual fund."

“Yes, it’s winner-takes-all. If you have the ability, you should allocate resources accordingly.” After briefly understanding the situation, Bao Xingwei looked at Cheng Hongfa beside him and said, “Xiao Cheng, you chat with President Cai and President Ou for a while. I need to talk to Xiao Jing alone.”

"Okay, Mr. Bao."

Cheng Hongfa quickly responded.

Bao Xingwei's words were meant for Cheng Hongfa, as well as for Cai Zhenjia, Ou Guiyan, and others.

Upon arriving at the office door, He Jing was considering reducing her holdings.

After yesterday's surge, Vanke A shares opened higher again today, but instead of continuing to rise as expected, it experienced an A-shaped pullback after a short period of upward movement, followed by a V-shaped rebound. Clearly, the bulls and bears are frequently battling for control of the direction going forward.

Different retail investors have different ways of dealing with a "Doji" candlestick pattern in the market.

Aggressive retail investors will gamble at relatively low points, while conservative retail investors, when encountering a doji candlestick pattern during the trading session, will often clear their positions or reduce their holdings by half to observe the capital flow trend.

He Jing's trading style is conservative. When she saw that Vanke A's stock price was once again pushed down to the intraday horizontal line, she decisively chose to sell some of her shares, hoping to buy them back at a lower price.

The advantage of choosing the right fund manager is that some managers will operate during trading hours, using their trading skills to increase profits or reduce losses, while others may do the exact opposite. Some managers, on the other hand, will simply close their eyes, always be fully invested, and sit back and collect management fees.

"咚咚-"

Bao Xingwei knocked on the glass door frame.

He Jing, who was still waiting to descend, heard the commotion and subconsciously looked up. When she saw Bao Xingwei, she quickly stood up and said, "Mr. Bao... what brings you here?"

"I came to see you and also to ask you something," Bao Xingwei said as he walked into the office.

"Let me get you a glass of water." He Jing, disregarding the ongoing transaction, hurriedly went to pour water.

He Jing's office is small, about 15 square meters. The meeting area consists of a small round table and two black folding chairs.

Of course, having a private office in Lujiazui, where land is incredibly valuable, already puts her ahead of many of her peers.

Keep in mind that 15 square meters is probably the total living space of a Shanghai migrant worker's apartment.

After pouring herself a glass of water, He Jing closed the office door to prevent anyone from eavesdropping.

After sitting down at the round table, He Jing asked, somewhat puzzled, "Mr. Bao, what would you like to ask?"

Instead of immediately bringing up Zhang Yang's affairs, Bao Xingwei asked in return, "Your fund invests in real estate?"

"Yes, the real estate market has a very good prospect. Zhang Yang also told me that in the next ten years, real estate will be a reservoir for debt."

When He Jing uttered the word "Zhang Yang," Bao Xingwei frowned slightly and muttered to himself, "Why is it this kid again?"

As a leading figure in macroeconomics, he has an in-depth understanding of economic operations.

An economy must borrow money to develop; the amount of borrowing space remaining determines the amount of development space remaining.

To put it bluntly, economies around the world are increasing leverage, using future money to develop the present.

Just like ordinary people buying houses, if it is stipulated that they can only pay in full, then 95% of ordinary people will not be able to buy a house in their 20s or 30s, but will need to be over 40 years old. This obviously does not meet the needs of modern life, since people in their 20s and 30s often need a house for marriage.

By borrowing money from the future to improve their current living conditions, the resulting debt drives the development of a series of industries such as banking and real estate, thus forming a cycle of development.

Once you understand the debt reservoir, the debt cycle, and the borrowing space, you'll know why economic deflation is more terrible than economic inflation. The reason is that economic deflation leads to a decrease in people's income, which compresses the overall borrowing space. As the internal debt cycle is broken, the economy will naturally fall into stagnation.

For example, the two decades that Japan lost were the period after the real estate bubble burst, which broke the debt cycle. Japanese people who had not yet bought a house saw the continuously falling housing prices and were all waiting and watching, not daring to easily take out a loan to buy a house. Japan could not find a new reservoir of debt to reactivate the debt cycle, resulting in a two-decade-long economic stagnation.

After a brief silence, Bao Xingwei forced a smile and said, "That kid has pretty solid basic skills; he knows how to find a reservoir for debt."

"He is, after all, your student."

He Jing smiled faintly.

The moment those words were spoken, Bao Xingwei's heart sank. Zhang Yang was indeed his prized student, someone who would hand him the microphone in public. But Zhang Yang's underhanded schemes forced Bao Xingwei to take the matter seriously.

Bao Xingwei took a sip of water, stopped beating around the bush, and asked, "Xiao Jing, how much do you know about Zhang Yang?"

"Um…"

He Jing thought about it carefully and replied, "I know most of what he does."

The two were already sleeping in the same bed. Zhang Yang was known as "Evil Zhuang Fuchun Road" and was also aware of the scheme he orchestrated against Shancheng Beer.

However, she wasn't stupid; instead of spreading the news, she kept the secret quietly.

Bao Xingwei's heart skipped a beat. He knew that He Jing admired Zhang Yang. At that time, he persuaded He Jing to pursue a master's degree and join the company. She even wanted to bring Zhang Yang along. Now he couldn't help but suspect that He Jing was also involved in bringing down Jiachen Biotechnology.

1 seconds.

3 seconds.

5 seconds.

Bao Xingwei remained silent.

Seeing that Bao Xingwei kept hesitating to speak and kept mentioning Zhang Yang, He Jing also sensed something was wrong and tentatively asked, "Mr. Bao, what's wrong with Zhang Yang?"

The silence was broken when Bao Xingwei countered, "Did you know he was secretly trading stocks?"

These words caused He Jing's expression to change slightly. She could keenly sense that the other person seemed to be asking the question with an answer in mind.

If Bao Xingwei wanted to find out whether Zhang Yang had traded stocks and which stocks he had bought, he could easily have the two major stock exchanges retrieve Zhang Yang's account transaction records; this was entirely possible.

After a brief hesitation, He Jing nodded and said, "I know."

"How much do you know?"

"I have a general understanding of it."

"You knew he was from Fuchun Road?"

"Yes."

"What about the story of taking down Jiachen Biotechnology and cashing out over 20 billion yuan from Shancheng Beer?"

"I know he bought Shancheng Beer, but I don't know much about the details and specific amounts he paid out for bringing down Jiachen Biotechnology. I haven't asked him about it."

"The process of bringing down Jiachen Bio may have been driven by foreign capital. I have also seen Zhang Yang's transaction records. He bought at the bottom and sold at the top. He may be suspected of colluding with foreign capital to profit. Otherwise, it would be impossible for him to exit the market so accurately at the top."

"impossible!!"

When Bao Xingwei said that he might be involved in colluding with foreign capital for profit, He Jing retorted without hesitation: "Given Zhang Yang's own abilities, if he wanted to make money, he wouldn't need to collude with foreign capital. Something must have gone wrong somewhere."

Although shocked by the amount of cash Zhang Yang had cashed out, He Jing did not believe that Zhang Yang had earned this money by colluding with foreign capital.

It's worth noting that Zhang Yang couldn't even afford tens of thousands of yuan back then, but in just six months, his net worth exceeded 100 million yuan.

Colluding with foreign capital?

He doesn't need it at all!
"Sigh." Bao Xingwei sighed. He also hoped that something had gone wrong, but with the settlement document right in front of him, he could only pray that no foreign capital was involved in this matter.

After another brief silence, he met He Jing's bewildered gaze and said in a deep voice, "I will investigate the matter thoroughly. I will not wrong an innocent person, nor will I let the bad apples go unpunished. You must stay true to yourself and never go astray."

Institutional managers are most prone to making mistakes because the money they hold isn't their own, yet they can use it to their own advantage.

Once fund managers have tasted the sweetness of transferring benefits, few can extricate themselves unscathed.

"I will keep Mr. Bao's words in mind." He Jing was somewhat absent-minded, but she still tried her best not to let Bao Xingwei notice anything unusual.

"Our conversation today must be kept secret; please do not let it leak out."

"I am clear."

"Well, you go ahead and do your work."

Bao Xingwei immediately stood up, and He Jing did not hesitate to stand up as well to see him off, and deftly opened the glass door of the office.

The scene of the two talking privately was also witnessed by the leaders of China Asset Management, who finally confirmed that He Jing's backer was Bao Xingwei.

After leaving the office, Bao Xingwei gave He Jing a meaningful look and said, "Alright, go and do your work."

"Then please take care, Mr. Bao."

He Jing nodded.

Bao Xingwei nodded slightly, said nothing, and slowly walked towards Cai Zhenjia, Ou Guiyan, and the others.

The reason he came to China Asset Management to find He Jing was because he knew that she was close to Zhang Yang and probably knew something. Now that he asked, he found out that was indeed the case.

Furthermore, Bao Xingwei was well aware that He Jing would definitely tip Zhang Yang off after his group left.

And this was exactly what Bao Xingwei wanted.

If Zhang Yang does anything unusual, such as avoiding you or lying about being on a business trip, it will solidify the suspicion that he is colluding with foreign capital.

If you are upright, you have nothing to fear. If your shadow is crooked, you are likely not upright yourself.

Just as Bao Xingwei had predicted, He Jing immediately called Zhang Yang after he left with Cai Zhenjia, Ou Guiyan, and others.

"Dududu-"

After a brief busy signal, a loud and magnetic voice came from the phone.

"Hey, why are you calling me all of a sudden?"

It's A-share trading time now, so logically He Jing has no reason to call me. Could it be something urgent? Zhang Yang wondered to himself.

“Old Bao just came to question me. He already knows that you are from Fuchun Road, and that you cashed out more than 20 billion yuan in cash at Shancheng Beer. He also said that you may have colluded with foreign capital to make profits.”

After a half-second pause, He Jing said earnestly, "If it's true, run, run as far as you can."

Although she didn't think Zhang Yang needed to profit by colluding with foreign capital, she was always worried about the possibility of something going wrong. If that one in ten thousand chance came true, running away now would be the best option.

Upon hearing this, Zhang Yang, who was far away in Changtai, Zhangjiang, showed a slight change in expression, but quickly returned to normal and replied, "I understand. I will explain this matter to Elder Bao. You don't need to worry."

"Then you should be mindful of your actions."

Now that things have come to this, He Jing can only believe that Zhang Yang has not crossed the line.

"Don't worry, there has been no foreign capital involved in this matter from beginning to end. I will make things clear."

Zhang Yang reiterated this point.

The entire operation of exposing the fraudulent Jiachen Biotechnology and indirectly controlling the stock price of Shancheng Beer was orchestrated by him alone, and he knew exactly what to say.

Zhang Yang just didn't expect Bao Xingwei to arrive so quickly.

……

Meanwhile, on the other side, in Futian District of Shenzhen.

Chizi Zhixin Asset Management Co., Ltd.

On January 16, 2003, Chizi Zhixin partnered with Guotai Junan Securities to officially launch the "Chizi Zhixin China Growth Investment Fund," which primarily invests in overseas-listed Chinese concept stocks.

In the same year, Zhao Danyang registered and established Shenzhen City Patriotic Heart in Shenzhen as an important platform for his business operations in mainland China.

The event that truly cemented Zhao Danyang's reputation as a patriot in China's financial history occurred in 2004, when the A-share market was in a prolonged bear market. Zhao Danyang astutely saw a way to bring underground private equity funds into the open.

On February 20, 2004, Chizi Zhixin partnered with Shenzhen Investment Holdings Co., Ltd. and the Shenzhen branch of the Industrial and Commercial Bank of China to launch the "Shenzhen Investment Holdings · Chizi Zhixin Collective Fund Trust". This product pioneered a new business model in which trust companies issued the product, banks managed the funds, and private equity firms acted as investment advisors. It was recognized as the first "sunshine private equity" product in China, enabling private equity funds to operate in a standardized manner under the sunlight.

In 2004 and 2005, the "Shenzhen Guotou·Chizi Zhixin Collective Fund Trust" achieved positive returns far exceeding the market index and was selected by Bloomberg as the best-performing fund in China in 2005. Zhao Danyang was recognized by the industry as the "King of Private Equity" because he standardized the transparent operation rules of private equity funds.

At this moment, Zhao Danyang was sitting at his desk, a cigarette between his left and a landline phone receiver in his right hand.

"Manager Zhao, you're into Hong Kong stocks, and your eyes are on the whole world. You must know the potential of the iPhone 3GS. Now that China Unicom has signed an exclusive deal with Apple, if we just push it up a couple of days, we can make a fortune."

Xu Xiang's voice came through the receiver; he was trying to persuade Zhao Danyang to step down.

China Unicom is too large; it requires both institutional and speculative capital to participate.

Thanks to Xu Xiang's tireless efforts, Zhang Jianping has agreed to invest 10 billion yuan, betting on the behemoth that is China Unicom.

Not only Zhang Jianping, but also Ge ​​Weidong, known as "Eastern Heretic," responded to Xu Xiang's control plan after assessing the risks.

While there was uncertainty surrounding the last curative hepatitis B vaccine, the iPhone 3GS is a very certain product. It has already been validated in overseas markets and is highly likely to be a hit in the Chinese market.

Given that China Unicom is the sole operator, it's normal for the stock to rise three or four times, right?

It was precisely because of this idea that Ge Weidong, Chang Shishan, Wang Yawei, He Zhen and other institutional managers did not hesitate and responded to Xu Xiang's proposal to control the market, determined to make back the losses of Shancheng Beer with profits.

After listening to Xu Xiang's explanation, Zhao Danyang also felt that it made sense and said, "Okay, I'll look into it first and give you an answer later."

"Then I will wait for good news."

Xu Xiang didn't dwell on it. He knew Zhao Danyang would definitely get involved, and such an obvious piece of meat was too good to pass up.

Just as Xu Xiang had thought, Zhao Danyang was already interested, but he needed to verify the authenticity of the inside information before having the risk department assess the risks of this investment.

After hanging up the phone, Zhao Danyang took out his own phone and used his network of contacts to verify the authenticity of the inside information.

Not a moment.

He received a clear answer.

"China Unicom has indeed signed an exclusive agreement with Apple, and the iPhone 3GS will be sold as a contract phone. However, the price will not be cheap, possibly over 5000 yuan."

"That's good, thank you, Brother Wang. Let's go out for dinner tonight."

"Haha, you're too kind, but I'm afraid it won't work tonight, I already have plans."

"Then let's do it another day, this weekend."

"Okay, I'll definitely come this weekend."

"I'll book a private room then, Brother Wang, you'd better conserve your energy, haha!"

"That's for sure, hahaha!"

"I won't disturb your work any longer, Brother Wang. See you at our weekend get-together."

"Okay, see you this weekend."

"Dududu-"

The phone hangs up.

Zhao Danyang's smile faded as he placed his phone on the table and muttered to himself, "The iPhone 3GS really is exclusive to China Unicom. If it's as popular as it is in overseas markets, it could easily go up five or six times, let alone two. Xu Xiang is quite the honest guy."

He made hundreds of millions of Chinese yuan by "setting up" Buffett last time, and now that the opportunity has come again, he has decided to increase his investment.

Of course.

Personal connections can also be leveraged along the way.

Seeing that there was a clear profit to be made, Zhao Danyang began to contact other people, including Shen Yufan from Yitian Road.

After receiving a call from Zhao Danyang and understanding the whole story, Shen Yufan called the blonde woman from the Quantum Foundation, Flint, located in Central, Hong Kong Island.

Flint then informed several of her "partners" at Morgan Stanley and Goldman Sachs, asking their risk departments to assess whether arbitrage was feasible.

The news spread incredibly fast, like a plague, but it was limited to certain circles. Individuals outside these circles had no idea that the news that the iPhone 3GS was exclusively available through China Unicom had already spread.

……

Amidst undercurrents in the financial world, the Shanghai Composite Index experienced a surge followed by a decline.

As of 10:29 AM on October 21st, the Shanghai Composite Index, after reaching 3105.51 points, began its "flood discharge," with a large number of trapped and profit-taking positions being sold off, causing the index to fall back to 3070 points, catching the bulls off guard.

[Love is not a reason]: Don't panic, don't panic, it's a technical adjustment, it's just a technical adjustment, everyone don't panic!
[Lonely to the End]: The selling pressure above 3100 is too great, isn't it? Can't the trapped and profit-taking investors have a better perspective?
[The diligent are rewarded by Heaven]: A drop in volume is not a good sign. It indicates insufficient support below, so be careful.

[Nun Doesn't Cheat]: It turned green with just a light tap, indicating not only insufficient buying support but also a lack of confidence. In this situation, a pullback is very likely, so everyone should be careful.

Yesterday's surge was driven by multiple heavyweight sectors, including real estate, banking, and insurance. However, as the positive news was digested, the market entered a period of panic.

Why the panic?
There are too many companies listed on the ChiNext board!
With 28 companies going public, even if each company only withdraws 5 million yuan, it would still require 140 billion yuan to fill the gap.

Even Li Daxiao, a staunch bull in the market, had to release a video to remind retail investors to pay attention to short-term fluctuations.

[As of 10:40 AM, our Shanghai Composite Index has turned negative, with a very noticeable upper shadow. The establishment of the ChiNext board may put short-term pressure on the A-share market. However, as the saying goes, buy good stocks, be a good person, and you will be rewarded. As long as we hold value assets, we don't need to fear short-term fluctuations. Comrades, hold on to 3000 points! Keep it up!]
According to Li Daxiao, the A-share market is still in an oversold state, after all, it has fallen from 6000 points. It should not be a problem to return to 4000 points, so he is firmly bullish in the long term.

Unlike Li Daxiao's views, Yang Delong has begun to express pessimism.

[This October, I personally believe the number of companies listing on the A-share market has far exceeded the limit. Among them, Huaguo Duty Free, Taiyang Cable, and Shengong Development alone have drained over 4 billion RMB from the A-share market. The 28 companies planning to list will drain nearly 15 billion RMB. This liquidity crisis requires serious consideration from all retail investors. Don't act impulsively. The A-share market is here; there are plenty of opportunities.]
After the A-share index fell, not only did retail investors disagree, but even various stock commentators had differing opinions.

However, Hu Xijin and Zhou Runfa, as new stock market investors, were "always fully invested and always moved to tears."

While the stock market was in turmoil, Bao Xingwei had already arrived at Zhangjiang Changtai Plaza. Looking at Building A, he said in a deep voice, "Is this the headquarters of Caiyan.com?"

"Yes, Mr. Bao, according to the information, Caiyan.com is located on the sixth floor, section C of Building A in Changtai Plaza. You can take the elevator directly to their office floor."

Cheng Hongfa responded quickly.

"Let's go up."

Bao Xingwei felt a little uneasy.

He deliberately lingered at China Asset Management for a while. If Zhang Yang had something to hide, he should have gotten wind of it and run away by now, right?

"I hope he's still alive."

Bao Xingwei murmured to himself.

He personally wanted to believe Zhang Yang, but the transaction record provided by Lin Yifei left him speechless, and he had to find out the truth.

Upon entering Building A, they found the direct elevator to Section C and pressed the button for the sixth floor.

"Ding--"

After a brief feeling of weightlessness, the elevator arrived.

Upon seeing unfamiliar faces approaching, the receptionist quickly greeted them, "Hello, how can I help you?"

"We're looking for someone."

Cheng Hongfa spoke up.

Who are you looking for?

"Extroverted".

"Do you have an appointment?"

Upon hearing about the appointment, Cheng Hongfa immediately brought up Bao Xingwei: "This is Bao Xingwei, the dean of the School of Finance at Shanghai University of Finance and Economics. He is Zhang Yang's teacher. You can call Zhang Yang or your superior."

"Wait a moment, you two."

Seeing that the visitor was someone of great renown, the receptionist dared not be negligent. Moreover, knowing that Zhang Yang was in the company, she immediately called Zhang Yang to verify the visitor's identity.

"Dududu-"

After a brief busy signal, the call was connected.

"what's up?"

"Mr. Zhang, a dean named Bao Xingwei is looking for you. Would it be convenient for you?"

Having returned to his office and mentally prepared himself, Zhang Yang replied calmly, "Understood, I will personally greet you."

After hanging up the phone, Zhang Yang stood up. He knew he was deeply favored by Bao Xingwei, but he also knew the pressure the old man was under.

On the other hand, Bao Xingwei breathed a sigh of relief when he heard that Zhang Yang was still at the company. The fact that he hadn't run away meant that things had taken a turn for the better, or that there was more to the story.

"Ding--"

The elevator doors opened again.

Chen Bangde led Chen Xiaoqun, who was less than 1.65 meters tall, out of the elevator. When he saw Bao Xingwei and Cheng Hongfa, he paused for a moment.

"Bao...Old Bao?"

Hearing the voice, Bao Xingwei turned around and saw Chen Bangde. He asked in surprise, "Bangde, what are you doing here?"

“Sigh, the kid ran away from home, so I took a day off to come to Shanghai to catch him.”

Chen Bangde couldn't help but complain.

Cheng Hongfa's sour face vanished, replaced by a broad smile. He knew that Chen Bangde's father was from the military region, and he himself belonged to the military region's weapons research and development department.

"runaway?"

Bao Xingwei turned his gaze to Chen Xiaoqun.

Chen Bangde: "Call him Grandpa Bao."

"Grandpa Bao".

Chen Xiaoqun did as instructed.

Then Chen Bangde explained, "I originally thought that Xiaoqun would try stock trading to improve his personal investment skills and have more options in the future. I didn't expect that the kid would get so obsessed with it and say that he wanted to become Zhang Yang's apprentice at Caiyan.com. I spent the whole night persuading his mother, and she finally agreed to let the kid try it for half a year."

"To become Zhang Yang's disciple?"

Cheng Hongfa asked, somewhat losing his composure.

Bao Xingwei glanced at Cheng Hongfa, then looked at Chen Xiaoqun and asked, "Zhang Yang agreed?"

"He agreed, saying he'd take me on as his apprentice if I achieved a 200% return in three months, and I did!" Chen Xiaoqun answered boastfully.

"so smart?"

Bao Xingwei was somewhat surprised.

Achieving a 200% return in three months certainly shows talent, but there's more to his story than meets the eye when he decides to become Zhang Yang's apprentice.
Just then, Zhang Yang's cheerful voice came from afar.

"Old Bao, Uncle Chen."

Everyone looked sideways.

Upon seeing Zhang Yang, Chen Xiaoqun quickly said, "My mom promised to let me try for six months, Joker, please accept me!"

"You figured it out?"

Zhang Yang asked again.

After Chen Bangde's guidance, Chen Xiaoqun's values ​​had changed somewhat, and he nodded and said, "Yes, one general's success is built on the bones of ten thousand. Once you're at the gambling table, there are no innocent souls left to die."

"but!"

Suddenly, he changed the subject, saying, "I will use my influence as much as possible to bridge the gap in understanding between retail investors and speculative capital."

"OK."

Zhang Yang smiled.

Then he looked at Bao Xingwei and said respectfully, "This way, Mr. Bao."

"Let's sit over there for a while, Mr. Bao, you two chat first." Chen Bangde looked towards the rest area, he could tell that Bao Xingwei seemed to have something to discuss with Zhang Yang.

Before Bao Xingwei could speak, Zhang Yang invited them both, saying, "Let's all go to my office. I have something to tell Xiaoqun."

After speaking, Chen Bangde looked at Bao Xingwei, wanting to ask for his opinion.

Bao Xingwei was somewhat surprised, but still nodded and said, "Just listen to Zhang Yang."

The group of five arrived at Zhang Yang's office and sat down on the sofa in the negotiation area.

As the "host," Zhang Yang brewed a pot of tea and poured a cup for everyone. Cheng Hongfa seemed afraid that Zhang Yang might poison it, so he forced himself to drink a sip even though it was boiling hot, and his face turned a little red from the heat.

Afterwards, Zhang Yang sat down on the sofa. He first looked at Chen Xiaoqun, and then his gaze fell on Bao Xingwei. He used the fewest words possible to explain the situation: "He Jing was unaware of the situation. Fuchun Road is mine, and Mr. J, the mastermind behind the downfall of Jiachen Biotechnology, is also me. There was no foreign investment involved."

(End of this chapter)