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

Chapter 118 The Long-Awaited Announcement of Unusual Activity

Zhangjiang Science and Technology Park.

Swift network.

After signing the contract with Zhang Yang yesterday, Luo Haoyu immediately set up a project team and sent them to coordinate the work.

The email addresses of companies such as Pactera, Neusoft, Huadao Data, and Jingbeifang have all received the relevant emails.

"ChinaSoft replied to the email, saying that the development and maintenance of the market data interface will cost 20 yuan. Tsk, are they trying to rip off their customers?"

"They're a leader in software technology, collaborating with Tencent, NetEase, and Baidu. I've even heard they've connected with Microsoft. It's hard to imagine them not charging a premium. We'll gather the information first, and once the price list is out, we'll let the customers decide for themselves."

"Our company can also develop market data interfaces. 8 yuan is enough. We just don't understand the world of the rich kids."

"Don't drag our company into your bragging. Developing market data interfaces is no simple task. They require data to be processed in seconds, no more than 3 seconds."

"The front-end framework requires the use of jQuery 1.4.2 to unify the interaction logic, the back-end is prohibited from using a dual-language architecture of PHP and Java, and the interface protocol must be uniformly HTTP 1.1. I get a headache just looking at the 'Technical Approval White Paper'. Money really can buy anything."

The members of the "Financial Research Network Project" team were all complaining to each other, but they also had to marvel at Zhang Yang's financial resources, as the development companies he found were all industry leaders in China.

The benefit of doing this is obvious: it makes the foundation very solid.

Scattered, they are like stars in the sky; gathered together, they are definitely not a pile of dung.

After ChinaSoft International, which was responsible for interface development, responded, Wenshi Haihui, which was responsible for UI design and front-end development, Neusoft Group, which was responsible for community forum construction and maintenance, Jingbeifang, which was responsible for basic function development, and China Electronics Jinxin, which was responsible for mobile terminal adaptation, also successively gave their initial quotations.

The "Financial Research Network Project" team also compiled and organized the information, and forwarded the other party's email to Zhang Yang's email address.

After completing all this, the "Caiyan.com Project" team began working on other projects. In 2009, there were too many business owners who wanted to start their own internet businesses, and they basically had four or five projects on hand.

It's tiring, but the high salary makes it all worthwhile.

Some workers hate working overtime and enduring hardship because they are often forced to work overtime "voluntarily" without pay. If overtime pay were increased, their complaints would disappear instantly.

……

And on the other side.

After submitting the "Application for Company Establishment Registration", "Lease Contract", "Articles of Association" and other materials, Zhang Yang left the Shanghai Administration for Industry and Commerce to continue waiting for the documents to be reviewed.

It's worth mentioning that if you're not a recent graduate, you'll also need to open a temporary investment account and obtain a capital verification report.

This is because, according to the relevant regulations on capital injection, shareholders deposit funds into an account in proportion to their investment, with the note "investment payment". The bank then issues a payment slip and a letter of inquiry, and the relevant funds are changed from "personal funds" to "company funds".

Once this round of approvals is completed, Zhang Yang will be able to receive his business license.

With the business license in hand, you also need to have the company seal, financial seal, and legal representative seal made at a seal-making point designated by the Public Security Bureau, and complete the registration at the same time.

In addition, you need to apply for an organization code from the Bureau of Technical Supervision, register for tax purposes at the tax bureau, open a basic account at the bank, and then apply for invoices.

Since Zhang Yang plans to integrate Baidu Union advertising and launch paid research reports, he must apply for an operating ICP license in the company's name.

To obtain an operating ICP license, three conditions must be met: the registered capital must be greater than 1 million yuan, the business scope of the business license must include "Category II value-added telecommunications services", and the three employees must have social security records for the past month.

Without the status of a recent graduate, Zhang Yang would need to pay 100 million yuan upfront.

However, having the status of a recent graduate is equivalent to the government providing him with a two-year installment plan, which not only eliminates the need for actual payment but also allows him to gradually pay over the two years.

In addition, if the website involves stock and fund analysis, it also needs to apply for a "Securities Investment Consulting Business Qualification Certificate" from the China Securities Regulatory Commission. This can only be applied for by a company entity, and there are also three conditions.

1. Registered capital is greater than 100 million.

2. Five or more certified analysts.

3. It has a fixed office space and a compliant management system.

Zhang Yang had also looked into it. If he wanted to save costs, he could either find a certified analyst to work under his name or hire one himself.

Because registering a company and obtaining the corresponding qualifications takes a lot of time, he chose to do both stock trading and website building.

……

Shortly after leaving the Industry and Commerce Bureau, Zhang Yang received a call from Luo Haoyu, who informed him that project quotations from various development companies had been sent to his email address and asked him to respond as soon as possible.

Zhang Yang did not hesitate and went straight back to his company's floor.

After plugging his laptop into the network port, he immediately started checking the development quotes from various companies.

Data interface development, ChinaSoft International, quoted 20.

UI design and front-end development, Wenshi Haihui, quoted 12.

The community forum setup was priced at 10 RMB by Neusoft Group.

Financial data encryption and access control, Huadao Data, 9.

Basic function development, Beijing North, 8.

After reviewing all the companies' quotes, Zhang Yang checked them one by one and found that they were not much different from the quotes he had inquired about. He then replied to Luo Haoyu that the project should commence.

The entire outsourcing process will cost around 90 yuan, not including post-launch operation costs. Zhang Yang conservatively estimates that 100 million yuan needs to be invested.

(I believe in who I am, and I believe in tomorrow.)
(I believe youth has no horizon)
The phone suddenly rang. Zhang Yang thought it was Luo Haoyu again, but when he took it out, he found that the contact information was Zhong Qifeng.

"Manager Zhong?"

Zhang Yang frowned slightly and pressed the answer button.

"Hello Mr. Zhang, you haven't been to Hongyue Investment for two days. Manager Zhang asked me to make a call to ask if anything has happened."

Instead of getting straight to the point, Zhong Qifeng first brought up Zhang Xiaolong, the middleman, to build a closer relationship with Zhang Yang.

However, at this time, Zhang Xiaolong had no idea that Zhong Qifeng was using him as a pretext.

Zhang Yang didn't think much of it, assuming it was a call of concern from Hongyue Investment, and replied, "I've been busy with things in Shanghai these past two days, so I haven't been there yet. I should be able to go tomorrow."

As he said this, he casually clicked the mouse twice to switch to the securities page.

Jianfeng Group, Hualan Biological, and Da'an Gene all hit their daily limit.

However, both major indices experienced a sharp drop. The Shanghai Composite Index, which had opened higher, is now at 2666 points. Although it is still rising, the candlestick pattern has turned green.

A sharp drop after a strong opening is common in A-shares, and Zhang Yang was not surprised.

Looking at the US, Japanese and South Korean stock markets, only the A-share market has the saying "any gap must be filled".

Take the US stock market as an example. Its characteristic is that it rises until it can't rise any further, and then it starts to correct sharply. It falls sharply and rises sharply. This is the characteristic of the US stock market.

Upon hearing that Zhang Yang would not be arriving until tomorrow, Zhong Qifeng immediately thought of his million-dollar stake in the Jianfeng Group and said, "Then I will look forward to Mr. Zhang's arrival tomorrow. Oh, by the way, there is one more thing. I see that Mr. Zhang's account has a floating profit of several million. Have you not considered taking profits?"

He had barely finished speaking when he added, "The market has plummeted, look..."

He didn't ask directly, but instead probed indirectly. Zhang Yang wasn't a naive young man, and he instantly understood what Zhang Yang was thinking.

"Let's wait for news tonight," Zhang Yang said calmly.

He holds steel and environmental ETFs for the medium to long term and doesn't plan to do short-term trading because there's a 50% chance of making a mistake with every trade.

Now that he has seen the positive developments in the steel industry, he doesn't need to worry about short-term profits or losses.

Ultra-short-term, short-term, medium-term, and long-term are four different trading strategies. With sufficient capital, medium- and long-term trading is the easiest way to profit and double your money.

Zhong Qifeng: "Understood, Mr. Zhang. I won't bother you any longer. I wish you good health and all the best."

"Thank you."

Zhang Yang thanked him and hung up the phone.

He could clearly sense that Zhong Qifeng and the other trading managers had gone crazy, overwhelmed by the series of limit-up days.

Anyone who has been to casinos in Macau knows that once a gambler gets hooked, he loses all rationality. Even if he loses many times, he will always think that he can win it all back in the next round.

Since they were not related by blood or marriage, Zhang Yang did not want to preach too much, and the other person might not listen anyway, so he could only respect their fate.

Meanwhile, after Zhong Qifeng hung up the phone, the other trading managers swarmed around him, eagerly asking questions.

"How about it?"

"What did Mr. Zhang say?"

Will the price of Jianfeng Group continue to rise?

Seeing the eager looks on everyone's faces, Zhong Qifeng first frowned, put on a bitter face, and then shook his head.

"It can't go up anymore?"

"Then I'll go sell it!"

Is this really the end?

Just then, Zhong Qifeng's lips curled up, and he shook his head again, saying, "No, Mr. Zhang told us not to sell, the price can still go up!"

"Can it still go up?"

Some people immediately became excited.

Zhong Qifeng nodded slightly and looked at his curly-haired female colleague beside him, saying, "The tickets I recommended were good, weren't they? If you hadn't followed along, how could you have made so much money?"

"It's all thanks to you, Brother Zhong."

The young woman's colleague gave her a wink.

The other colleagues saw their little actions and knew exactly what was going on.

Sometimes, workplace relationships are more complicated than the cocoon woven by silkworms. Terms like "workplace couples" and "factory couples" have even appeared online.

……

3 pm.

The two major A-share indices closed.

The Shanghai Composite Index closed at 2676.68 points, up 0.9%, only 2.72 points lower than the opening gap of 2679.4.

The Shenzhen Component Index closed at 10424.36, up 1.07%. Compared to the Shanghai Composite Index's bearish doji candlestick pattern, the Shenzhen Component Index closed with a bullish doji candlestick pattern.

What is a cross?
There are four different forms of the cross.

1 is a common doji star with short upper and lower shadows, indicating a temporary balance between buying and selling forces. It is not very significant when it appears during a sideways consolidation, but if it appears after a continuous rise or fall, it may indicate a reversal.

2 is a long doji, with long upper and lower shadows, indicating a strong divergence between bulls and bears.

If the stock price breaks a new high but closes with a long doji candlestick, you need to be especially careful, because this means that the bullish funds failed to push the price higher and there is heavy selling pressure above.

However, if a stock experiences a continuous decline and then suddenly forms a long doji candlestick, it indicates that new buying funds may have entered the market.

Generally speaking, the appearance of a long doji candlestick pattern represents a battle between bullish and bearish funds, and whoever wins will prevail.

3 is a gravestone doji, where the opening and closing prices are close to the day's lowest price, and the upper shadow is extremely long, resembling a gravestone. It usually appears at the top, indicating that the bulls were strongly suppressed by the bears after pushing the price up, and is a strong bearish signal.

Finally, there's the Dragonfly Doji, where the opening and closing prices are close to the day's high, and the lower shadow is extremely long, resembling a dragonfly.

If a dragonfly doji appears after a continuous rise in stock price, it indicates that the bullish funds have absorbed the selling pressure from the upper levels.

If there is a continuous decline, it is necessary to combine the support level, MACD lines, trading volume, overall market trend, and sector trend to determine whether it is a sign of a bottom.

A doji is a very special candlestick pattern that often indicates a trend reversal. If a doji appears on multiple trading days, the situation is the most complex because both bullish and bearish funds are locked in a fierce battle.

A-shares can be value-oriented, but they are more about capital speculation. A "doji" candlestick pattern is a sign of market capital speculation.

Compared to the doji candlesticks that closed in the two major indices, what countless investors are more concerned about at this moment is when the "stock trading abnormality announcement" of Jianfeng Group, the "leading stock in shikimic acid", will be released.

4 pm.

5pm.

7 pm.

Countless stock market investors are waiting.

Zhang Yang, Liao Guopei, Xu Xiang, and Zhang Jianping were all sitting in front of their computer screens. Not only them, but also He Jing, Xu Zhirou, Li Xueyan and other finance and economics college students, as well as economists such as Li Daxiao and Yang Delong, were all waiting together.

The H1N1 flu concept was so hot that the previous stock, Rhine Biologics, which had achieved eight consecutive limit-up days, has now completely cooled down and is experiencing consecutive limit-down days.

The second company to achieve eight consecutive daily limit-up moves, Jianfeng Group, is highly anticipated by the market for its announcement, as this is one of the few opportunities, apart from quarterly reports, to understand the operating conditions of listed companies.

"Ha~"

Zhang Yang waited until 8 o'clock, just as he was getting sleepy, when Sina Finance suddenly popped up a window, followed by Tencent Finance.

[Sina Finance Reminder]: Jianfeng Group has issued an announcement regarding abnormal stock price. Click now to see the scene!
[Penguin Finance Reminder]: Market Breaking News: Jianfeng Group issued an announcement regarding abnormal stock price, and the order share of shikimic acid…

"finally come."

Upon receiving the notification, Zhang Yang did not look at other people's briefings. Instead, he went directly to the official website of Jianfeng Group and interpreted the information himself through the website's announcement section.

[江浙尖峰集团股份有限公司（以下简称“公司”或“本公司”)股票（证券简称：尖峰集团)，于2009年5月8日至2009年5月19日，连续8个交易日的收盘价格涨幅偏离值累计达到114.36%，根据《沪都证券交易所交易规则》的规定，连续10个交易日收盘价格涨幅偏离值累计超过100%，属于股票交易严重异常波动的情形。

As of May 19, 2009, the company's closing price was 11.35 yuan per share, with a static price-to-earnings ratio of 145.12 and a price-to-book ratio of 3.37. According to data released by Huazheng Index Co., Ltd., as of May 19, 2009, the company belonged to the "building materials" industry, with the latest average static price-to-earnings ratio of the industry being 19.61 and the price-to-book ratio of 2.04, which is significantly different from the company's latest price-to-earnings ratio and price-to-book ratio.

The company's main business is currently cement building materials. It owns two cement production centers and has signed a strategic agreement with Qiongnan Construction Group. Demand is growing rapidly.

The wholly-owned subsidiary, Tianjin Jianfeng Natural Products Co., Ltd., immediately adjusted its strategic direction when the H1N1 influenza pandemic began to spread globally in April 2009. As of May 19, 2009, it had secured 29 export orders from multiple countries, including Europe, the United States, Japan, and South Korea, with a total value of RMB 870 million.

The company's operations are currently running smoothly, with orders for cement and shikimic acid continuing to increase. However, the stock price may be subject to irrational speculation, posing a significant trading risk and a potential for a sharp short-term decline. Investors are advised to be aware of these risks, avoid blindly following the crowd, and make rational decisions.
(End of this chapter)