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

Chapter 250 The Mole in a Mission: Two Private Equity Firms Engage in Passionate Betting

Since we know that the iPhone 3GS will suffer a major setback in the Chinese market, we might as well maximize the profits from short selling.

As Zhang Yang finished speaking, Ge Weidong's face instantly turned extremely ugly, and the thought that popped into his mind was: "Did I fall for that damn bastard's trick?"

It's worth noting that China Unicom was the leading company in the iPhone 3GS concept purview, as designated by various institutions. Moreover, according to Xu Xiang, he used money to pry Tao Yuang's mouth open and extract the information.

What's the situation now?
Infernal Affairs?
Are Leung Chiu-wai and Andy Lau putting on a movie here?
Ge Weidong didn't know the situation of Xu Xiang, Zhang Yang, and Tao Yuang, but he was certain of one thing: Zhang Yang had accurately stated that he was accumulating shares in China Unicom, and he might have fallen into a carefully laid trap.

Meanwhile, Song Zijun, his eyes flashing with terror, instinctively questioned, "Who told you we were accumulating shares in China Unicom?!"

"I guessed, but I was obviously right."

Zhang Yang said calmly.

Ge Weidong: "..."

Song Zijun: "..."

silence.

Both sides remained silent.

In just half a minute, Ge Weidong considered countless possibilities, but as a genius who had fought his way up in the futures market, he quickly forced himself to calm down and asked in a deep voice, "How do you want to bet?"

"Still 30 days. I'm bearish on China Unicom's stock price. However, these 30 days are calculated from the date the iPhone 3GS is launched in the domestic market, and the anchor price is also from that day." Zhang Yang's tone was calm, as if everything was under control.

Hearing the other party's calm tone, beads of sweat appeared on Ge Weidong's forehead. He admitted that he was a little flustered. The aura that Zhang Yang exuded made his heart churn, and he could not judge the future value of China Unicom.

Song Zijun, standing to the side, subconsciously swallowed. He felt like his family were animals living in an ecological reserve, completely unaware that someone had drawn a circle around them.

After careful consideration, Ge Weidong's eyes no longer held the greed he once had, and he cautiously said, "I need time to think about it."

Last time, in order to greedily profit from the betting, they handed over more than 2 million Chinese yuan for nothing.

What about this time?
How many should be sent out?
Ge Weidong must treat this matter with utmost care.

Most importantly, Zhang Yang's tone was too calm, like a dark pool where you never know what's hidden beneath.

"Haha." Zhang Yang chuckled twice and replied, "Then Mr. Ge, you can take your time to consider it. I won't bother you any longer. Oh, by the way, if Chaos Investment isn't interested, you can inform other institutions. Maybe someone will be interested."

Other organizations…

Ge Weidong was just looking for them!
Who the hell said that Tao Yuang was turned against them?
Although his heart was in turmoil, as "Eastern Heretic" Ge Weidong, he still forced himself to remain calm and said, "Yes, I will try my best to convey the message."

"Dududu-"

As soon as he finished speaking, Zhang Yang hung up the phone without saying any polite words.

Seeing the call abruptly ended, Ge Weidong was stunned again, but he quickly came to his senses and looked at Song Zijun, saying, "Could we have fallen into the trap of the mysterious poker organization again?"

Although reluctant to admit it, Song Zijun nodded and said, "It's highly likely that Mr. J has a very clear understanding of our movements, as if there's a mole among us."

"The mole?"

Ge Weidong couldn't help but frown.

Before he could speak, Song Zijun continued, "That's right, it's an inside man. I suspect that there are people from the mysterious poker organization in the cooperative organization, but I can't rule out that Asking and Tao Yuang are playing double agents."

"maybe."

Ge Weidong whispered.

He looked out the floor-to-ceiling window, his eyes fixed on the Huangpu River.

……

Zhangjiang, Changtai Plaza.

Trading area on the 7th floor of Building A.

After hanging up the phone, Zhang Yang handed it back to Liao Guopei and asked him to call Dacheng Law Firm to inform them of the transaction results.

“Hey, Attorney Lin.”

"Yes, the settlement results are in."

"Shancheng Beer's stock closed at 53.53 yuan. Yes, write this down. It will be easier to confirm with Chaos Investment later. Hmm, the price difference per share is 8.9 yuan, which multiplied by 3000 million shares is 2.67 million Chinese yuan."

"The anchor price is 62.43 yuan. At the time, I borrowed 18.729 billion yuan. According to the contract, the annual interest rate for borrowing securities is 5%, which is 25.53 yuan per day and 765.9 million yuan in 30 days. Our profit is 2.59341 million yuan, and there is still 8000 million yuan in margin. Please contact Chaos Investment to confirm. If there is no mistake, please make the fund allocation as soon as possible."

"Go, go, go."

"Attorney Lin, please continue with your work."

As soon as the call ended, Liao Guopei looked at Zhang Yang and said, "It's all settled. Now we just need to wait for the profits to arrive."

"Speaking of Joker," he suddenly changed the subject, somewhat puzzled, "didn't you say you were going to Hong Kong to borrow securities for short selling? Why are you now considering short selling against Ge Weidong?"

"Yes," Lin Guangchang echoed, equally puzzled, "Isn't it a good idea to alert the enemy like this?"

"For people who are afraid of snakes, disturbing the grass to startle them is a way to protect themselves, but for snake catchers, disturbing the grass to startle them is a way to pinpoint their location. What I mean is..."

Zhang Yang smiled faintly and explained, "Different perspectives lead to different ways of thinking. If the iPhone 3GS concept is untenable, no matter how much we rave about it, they won't be fooled. Our brief probing just now confirmed that they've already gotten involved, which means they agree with the hype logic behind this concept. A proper reminder might have an unexpected effect."

"I see."

Liao Guopei still only had a vague understanding, but with Zeng Lingshan, Feng Weiqiang, and Chen Xiaoqun listening nearby, as a "veteran of the gang," he also had an idol image to maintain.

Lin Guangchang pondered briefly, then said somewhat uncertainly, "Joker, do you mean that even if we alert them, they won't give up on hyping up China Unicom, because this hype logic has been unanimously endorsed by the institutions?"

"Pretty much. If Ge Weidong or Xu Xiang were to gamble with us, we might even make a windfall," Zhang Yang said with a faint smile.

Fu Haitang, known as the "Northern Beggar," once emphasized: "A man cannot get rich without windfall gains, and a horse cannot get fat without night grass."

If a person wants to get rich, he has to find windfall gains, such as learning to invest or starting a side business. Without windfall gains outside of his main job, how can he complete the initial accumulation of capital?
Listening to the conversation between Zhang Yang, Liao Guopei, and Lin Guangchang, Chen Xiaoqun couldn't help but chime in, "Joker, Foot Brother, Yangjia Brother, how did you determine that the iPhone 3GS concept is a failure? I saw that it's selling like hotcakes overseas. Could it be that the phone just won't work in China?"

"Yes, it's incredibly popular. There's a rich girl at my school who already has an iPhone 3GS, I heard it's the Hong Kong version."

Feng Weiqiang echoed in agreement.

Heavily in debt, Zeng Lingshan, who had just left the county town, was somewhat confused. He had no idea what an iPhone 3GS was, and the only mobile phone brands he knew were Nokia, ZTE, Tianyu, and Chrysanthemum.

"It's just like buying a house. What you think is an old, dilapidated apartment is actually a sought-after school district property. Buying a house isn't about buying the building itself, but about buying the amenities. Do you understand?" Zhang Yang explained patiently.

"understood."

Chen Xiaoqun suddenly had a sudden realization.

There are many old, dilapidated houses in Yanjing, with such surroundings that even dogs would shake their heads at them, and some people have to use public toilets to go to the bathroom.

Yet, some people are willing to pay millions to buy this kind of house.

What did you buy?
What I bought was the surrounding amenities!

For example, people buy old houses next to Peking Union Medical College Hospital because they value the surrounding medical resources, so that they can receive timely treatment if any sudden health problems occur.

In China, the iPhone 3GS is like a villa in a remote mountain village. No matter how luxurious the interior is, without the necessary amenities, who would want to buy it?

"Let's do a post-mortem analysis."

Zhang Yang gestured.

To become a successful speculative investor, one must develop the habit of reviewing past trades. If one cannot even understand how to profit or lose money, then there is no discipline involved, and it is impossible to achieve long-term profitability.

After confirming the betting profits, Zhang Yang opened the transaction records sent by Liao Guopei and Lin Guangchang to tally the available funds and specific shareholdings of the "Zhangjiang Gang".

After the sell-off of Tiantan Biological, the available funds were RMB 21.1531 billion. The 100.38 million shares of Tiantan Biological that were bought in a lure of buyers were sold at RMB 24.74 after three consecutive days of limit-down, realizing RMB 2483.4 million.

With the implementation of the "Four Dragons and Four Phoenixes Plan", Yuanwanggu currently holds 940 million shares, with an average purchase price of 21.12 yuan and a total holding value of 1.98528 million yuan.

Newland also attracted nearly 2 million yuan in investment, with an average purchase price of 14.69 yuan and 1361.47 million shares.

In other words, RMB 3.98518 million has been invested in the past few days to accumulate shares, leaving RMB 17.41622 billion in available funds.

However, with the realization of Chaos Investment's unrealized profits, the income of 2.59341 million yuan, and the return of 8000 million yuan in margin, the available funds returned to 20.80963 billion yuan.

It is also worth mentioning that Zhang Yang allocated 100 million yuan to Chen Xiaoqun, Zeng Lingshan, and Feng Weiqiang to practice, plus the subscription of 28 new stocks, so there are still about 20.7 billion yuan of available funds.

Since the resumption of IPOs, there have been virtually no stocks trading below their issue price, and the subscription enthusiasm for the 28 ChiNext stocks is unprecedented, with many retail investors wanting to try their luck.

If you win a lottery for a single share and there is no price drop below the issue price, you can generally expect a return of over 30%. If you get a very profitable lottery, the return could reach 200% or even 300%.

Low investment, high returns—which retail investor wouldn't want to try their luck?

The probability of winning the lottery is N zeros after the decimal point, but the probability of actually winning the lottery draw is at most three zeros, so there is still a very high chance of winning.

(I roam freely, dominating the world)
(Looking up to everyone)
Liao Guopei's cell phone suddenly rang.

He glanced at the caller ID, then looked up at Zhang Yang and said, "It's lawyer Lin Qi from Dacheng Law Firm. He must have called Chaos Investment to confirm."

"Okay, go ahead and answer it."

Zhang Yang nodded.

Liao Guopei then answered the call and greeted, "Hello, Attorney Lin."

"Mr. Liao, I just confirmed with Mr. Ge of Chaos Investment that you have indeed made a profit of 2.59341 million Chinese yuan. With the return of the 8000 million yuan deposit, that's 3.39341 million yuan. Please confirm the amount. If there are no problems, we will distribute the funds according to the procedure."

"no problem."

"Are you sure it's 3.39341 million Chinese yuan?"

"determine."

"Okay, to avoid disputes, we have recorded the conversation. The bank will transfer the funds to the designated account within seven business days. Please feel free to contact us if you have any further questions."

"Okay, please."

"It's all what I should do."

After a brief chat, the call ended, and Liao Guopei immediately reported to Zhang Yang: "The funds have been allocated, and the money will be transferred to the designated bank account within seven working days."

Before Zhang Yang could speak, Lin Guangchang couldn't help but tease, "Money gives you confidence. I already think two stocks are not enough. Hurry up and list on the ChiNext board!"

Both the "Dragon" and "Phoenix" companies are listed on the ChiNext board. They have power now, but nowhere to use it.

Are Yuanwanggu and Newland too aggressive in accumulating shares? They're afraid of being discovered by retail investors or institutional investors, so they can only build up their positions little by little.

"There are still two days left, there's no need to rush."

Zhang Yang smiled faintly.

October 30th is a Friday, which is both the last trading day of October and the day when 28 companies were listed on the ChiNext board.

……

The temperature in Shanghai had already turned cool at the end of October, and with a sudden drizzle, many people had already switched to autumn clothes. Under the cover of night, the newly opened Peninsula Hotel was still packed with people, drawn by its glitz and glamour.

Inside the VIP box, Ge Weidong, Xu Xiang, Wang Yawei, and Chang Shishan reunited, and as time went on, managers He Zhen, Chen Shan, and others also arrived one after another.

"Sorry, sorry, there was a traffic jam. Sorry everyone."

Li Xuli, dressed in a suit and tie, strode in and closed the door to the private room behind him.

Once everyone was present, Ge Weidong stopped chatting and, as Li Xuli sat down, he made a startling statement: "We've been set up."

"!!!"

"!!!"

"???"

"???"

Surprise, astonishment, and bewilderment immediately filled the faces and eyes of everyone in the private room.

做局？

Could they still be the ones being set up?

"What do you mean?" Xu Xiang pressed.

Wang Yawei smiled and stated, "What kind of setup? Impossible, right? Who could set us up?"

“Mr. J, and also the mysterious poker organization behind him.” Ge Weidong had barely finished speaking when he continued recounting the events of the day: “At 3 p.m. when the market closed, Mr. J called me. In addition to discussing the delivery of Shancheng Beer, he also specifically mentioned China Unicom and said he wanted to continue betting against me on the market trend.”

"ah?!!"

"Isn't it?!!"

Everyone was shocked. Xu Xiang reacted the fastest, saying, "Is Tao Yuang playing a double agent? Fuck him!"

He couldn't help but swear. If Tao Yuang was really playing a double agent, then they had all been fooled.

"It must be him!"

"Could it be Asking?"

"Also a possibility!"

"They are the prime suspects!"

Managers He Zhen, Chen Shan, and Li Xuli all spoke up, but Wang Yawei suddenly asked, "Manager Xu, did you mention General Manager Ge to Asking?"

"No." Xu Xiang immediately denied it, defending himself, "I only mentioned Alliance Leader Zhang to him, and also the involvement of many organizations, but I didn't specifically mention your names."

“That means Asking didn’t know that General Manager Ge was also there.” After reaching this conclusion, Wang Yawei added, “Then the target is very clear: Tao Yuang.”

"Double agent?"

"Infernal Affairs!"

"Damn, this guy's got a double life, doesn't he care about ending up dead in the street?!"

"Is it possible that he never betrayed the Mysterious Poker Organization from the very beginning?"

Inside the private room, there was a lot of discussion. Some private equity managers were already having second thoughts and were thinking about selling their Huaguo Unicom shares the next day.

"boom--"

Suddenly, Chang Shishan slammed his hand on the table.

All of a sudden.

The noise from the private room stopped abruptly.

All eyes turned to Chang Shishan, their eyes filled with confusion.

"Now is not the time to find the leaker, but to think about whether China Unicom is worth manipulating and driving up its price," Chang Shishan pointed out.

"Wait, I suddenly realized that Tao Yuang didn't tell me about China Unicom. He only said that a mysterious poker organization was planning to launch the iPhone 3GS." Xu Xiang was startled and looked at the other people in the private room with more vigilance.

Noticing the wariness in Xu Xiang's eyes, Ge Weidong frowned: "Asking didn't know I was involved. Tao Yuang only mentioned the iPhone 3GS. So how did Mr. J know that I bought shares in China Unicom?"

"..."

quiet!
A deathly silence!

All the managers in the private room exchanged wary glances, their eyes filled with suspicion. They had begun to suspect that there were members of a mysterious poker organization among them!
"Huaguo Unicom was first brought up by Manager Xu, shouldn't they provide an explanation?"

At this moment, Feng Zhenzhong, the fund manager of Southern Asset Management, who rarely speaks, suddenly opened his mouth and pointed the finger directly at Xu Xiang of Zexi Private Equity.

In an instant.

All eyes were on Xu Xiang.

If it were an ordinary person, their legs would probably be trembling at this moment.

But who is Xu Xiang?

The mastermind behind speculative capital!
His strong composure kept him from panicking. He responded to the doubts by saying, "The reason I'm controlling China Unicom is because I found inside information that Unicom is the exclusive distributor of the iPhone 3GS. You should have already verified this. Since it's the exclusive distributor of the iPhone 3GS, it's the absolute leader in this concept. My suggestion to hype up this stock shouldn't be logically wrong, right?"

Will retail investors buy low-quality stocks? Will speculative funds and institutional investors buy low-quality stocks?

meeting!
But this was when there was no other choice!

If leading stocks can be entered, institutional investors and speculative funds will prioritize leading stocks over cheap, low-quality stocks.

While clearing himself of suspicion, Xu Xiang also stepped forward and appealed: "We should not be suspicious of each other. What we need to do now is to think about whether China Unicom has any value in controlling it."

“Old Xu is right. As long as China Unicom has value in controlling the market, there’s no need to speculate on how Mr. J knew we bought China Unicom. In fact, he might just be bluffing,” Li Xuli chimed in.

“From a hype perspective, there’s room for China Unicom to operate, but I’m worried about something going wrong with the exclusive agency agreement,” He Zhen said with some concern.

"There's no need to worry about that. I've already inquired. It's exclusively distributed by China Unicom. China Mobile and China Telecom don't support the iPhone 3GS," Wang Yawei said in an interview.

"Didn't you say it supports China Mobile 2G?" Li Xuli was taken aback.

Wang Yawei: "The information I've gathered is that the iPhone 3GS has very poor mobile signal, possibly because the signal module has been downgraded, and this phone may only support China Unicom's network."

"A single network would be a huge boon!" Chen Shan said, his eyes lighting up.

"China Unicom's move is ruthless. They might be able to take a big slice of the pie from China Mobile and China Telecom, and that's where their revenue growth will come from," Chang Shishan echoed in his analysis.

"So that means China Unicom still has value in controlling the market, right?"

Xu Xiang asked the question knowing the answer already.

"Have."

"Definitely."

"Indeed."

After receiving the reply, Xu Xiang looked at Ge Weidong and said, "Although it's unclear how Mr. J deduced that you bought China Unicom, the expectation of speculation is still there. I suggest we proceed as planned, after all, we also have other funds from Zhao Danyang, Alliance Leader Zhang, and others this time."

“You’re right.” Ge Weidong nodded slightly, then asked, “Could you all help me decide whether I should bet against Mr. J?”

"bet!"

"bet!"

"We have to gamble!"

Everyone in the private room was in agreement.

In their view, not participating in the betting would be a waste of the leading concept of the iPhone 3GS, and it wouldn't be an exaggeration to say it was a terrible waste.

However, when Ge Weidong recalled Mr. J's calm tone, as if he had the whole situation under control, he felt somewhat unsure.

Seeing Ge Weidong hesitate, Xu Xiang suddenly spoke up: "If it's a bet, add me. I don't believe that with so many speculative funds and institutions involved, and it's a leading stock in the iPhone 3GS concept, China Unicom's stock price can still fall."

The defeat of Shancheng Beer was purely due to the problem with Jiachen Biotechnology's hepatitis B vaccine product itself. The mysterious poker organization seized on this weakness and launched an online campaign to expose the counterfeit product.

But what about China Unicom?

They're hyping up the iPhone 3GS!

The iPhone 3GS has already proven its worth in overseas markets, setting sales records in multiple countries and even entering the Japanese market.

Is there a problem with the product?

There's nothing wrong with the product!

Since the product itself is fine, then China Unicom, the exclusive distributor of the iPhone 3GS, must also be able to have no problems!

"Manager Xu, you want to gamble with Mr. J?" Ge Weidong asked, somewhat surprised.

"I don't think they can cause any trouble this time, unless the mysterious poker organization has the ability to terminate the 'China Unicom Exclusive Agency Agreement,' but if they really have that ability, why would they care about our meager earnings?"

Xu Xiang shared his insights.

Although they speculated that Bao Xingwei, Li Yining, Cao Fengqi, Ma Yun, and Li Yanhong might be members of this organization, this was just speculation, and whether they were actually members remained to be seen.

In Xu Xiang's opinion, if the mysterious poker organization really had that much power, they shouldn't be targeting such a small amount of money.

"It's not impossible," Wang Yawei thought to himself, but he didn't say it aloud.

The scariest thing now is that they don't even know who their opponent is.

Seeing that Xu Xiang was serious, Ge Weidong slammed his hand on the table and said, "Fine, let's bet with him. I don't believe that Mr. J can bury us all. If he really has that ability, he shouldn't exist in the secondary market, but in the primary market."

The primary market is more complex than the secondary market, with a more intricate web of vested interests. If things go wrong, one could really end up drowning or being implicated in a political machination.

Of course.

There are also risks in the secondary market.

However, compared to the primary market and derivatives market, the risks in the secondary market are almost negligible. As long as it doesn't involve siphoning off state funds, there are basically no problems.

With the managers of the various institutions once again reaching a consensus that the core hype point remained unchanged, and after Xu Xiang made his statement, Ge Weidong called Liao Guopei at nearly 9 a.m. the next morning.

"Dududu-"

"Hey, Mr. Ge."

When the call connected, Zhang Yang still spoke in a hushed tone. Ge Weidong did not hesitate and said in a deep voice, "I've thought it through, Mr. J. I'm bullish on China Unicom, so I'll bet with you!"

Before Zhang Yang on the other end of the phone could reply, Xu Xiang, who had arrived at Chaos Investment early, immediately interjected, "And I, Xu Xiang, representing Zexi Private Equity, will also bet with you!!"

(End of this chapter)