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

Chapter 21 Forced to Open a Gambling Shop

Changan Automobile opened with a 10% limit down, immediately appearing on the list of top gainers and losers, and all securities platforms issued abnormal activity alerts.

According to the regulations of the Shanghai Stock Exchange and the Shenzhen Stock Exchange, a daily price increase deviation of ±7%, a daily turnover rate of 20%, a daily price fluctuation of 15%, or a cumulative price change deviation of ±20% over three consecutive trading days will all be listed.

The violent dumping by seven speculative investors, coupled with 50 lots of sell orders, caused a surge in discussions about Changan Automobile on online stock forums.

[A Little Bear]: A million-dollar order book? Oh my god, Changan Automobile is in deep trouble!
[Wang Buliuxing]: Let me out! You dog of a banker, let me out! I'm not playing anymore!
[One-Slash Cut]: That's the charm of earnings season—some stocks soar to the sky, while others plummet to the bottom.

There were 5000 lots of buy orders, with one lot being 100 shares, which is 50 million shares.

Even at the limit-down price of 6.63 yuan, the total amount of funds involved was 3.3 million yuan.

In other words, 3.3 million yuan must be invested before Changan Automobile's stock price can escape its limit-down state.

Do retail investors have 3.3 million?

Have!
The investment ratio in the A-share market is 95% retail investors, 4% speculative large investors, and 1% institutional investors, with retail investors accounting for more than 60% of the funds.

However, retail investors have been repeatedly exploited because they have failed to form a united front.

If you buy in at 10,000 and someone else sells at 10,000, even if retail investors make up a large proportion of the market, they cannot have a decisive impact on the market.

Meanwhile, speculative funds and institutional investors have a tacit understanding: their goal is never to "fight each other," but rather to use different methods to exploit retail investors.

Because in a market where 95% of the participants are retail investors, there is absolutely no need for them to clash head-on; there is plenty of "food" available.

From the moment speculative investors like Chen Sanrong (the guy who jumped off a building) dumped shares, other speculative investors and institutions in Changan Automobile tacitly chose to watch from the sidelines. They were like cheetahs on the grassland, waiting for their chance to strike.

At 9:45 AM, the number of sell orders for Changan Automobile reached an astonishing 112 million lots, indicating that at least 20 speculative investors were involved in this attack on retail investors.

Chen Sanrong, Chaogu Yangjia, and Chancheng Wuyingjiao, the few speculative investors who "ignited" the fire, all understood that this was a signal that other speculative investors wanted a piece of the pie, and they were naturally happy to make the pie bigger.

Off the field, short essays were flying everywhere.

Inside the market, speculative institutional investors suspended trading.

One by one, retail investors, unaware of the situation and swayed by panic, dumped their shares and cut their losses to leave the market.

……

And at the same time.

the other side.

Shanghai University of Finance and Economics.

Financial Analysis Room, Library.

Zhang Yang continued to monitor the million-hand buy order for Changan Automobile, a smile playing on his lips. "One call and a hundred responses, a swarm of prey, this is interesting."

Through the market data, a magnificent picture of "eighteen warlords besieging Dong Zhuo" appeared in his mind.

The stock market is a financial investment, but it is also a battlefield where every move is fiercely contested.

While Zhang Yang was still enjoying this long-planned "slaughter," Lai Weijie came knocking again, unable to resist loudly questioning, "Brother Yang, tell me honestly, did you ever intend to help me get into the top ten in my major?"

Seeing Lai Weijie approaching menacingly with a gloomy expression, Zhang Yang frowned and asked, "What do you mean?"

Changan Automobile's stock price has hit the daily limit down!

Lai Weijie gritted his teeth and glared angrily as he continued, "If I remember correctly, you invested all the funds in my demo account into Changan Automobile, right?"

"Yes, and what next?"

Zhang Yang asked again.

"It hit the daily limit down."

Lai Weijie suppressed his anger.

"It did indeed hit the daily limit down." Zhang Yang didn't deny it, nodding slightly.

Seeing Zhang Yang's calm and indifferent attitude, Lai Weijie could no longer suppress his anger and raised his voice:

"Give me back my money! You have no ability to do that. I was blind to have trusted a small-town test-taker who only knows how to take exams!"

Zhang Yang is not a native of Shanghai, but comes from eastern Guangdong province.

As for the "small-town test-takers" that Lai Weijie mentioned, he was referring to people who only know how to take theoretical exams and have no other strengths.

to be honest.

He was being discriminatory. Zhang Yang wasn't angry; he and Lai Weijie weren't on the same level. Looking at Lai Weijie's flushed face, he calmly said, "I'll make a bet with you."

"I don't gamble, I want my money back!"

Now that things have turned ugly, Lai Weijie is no longer willing to believe Zhang Yang's lies.

“Let’s bet on whether I can get into the top ten in my major. If I lose, I’ll pay you 4. But if I win, you have to give me an extra 4 on top of the 2.” Zhang Yang said the contents of the bet to himself.

The moment he said that, Lai Weijie, who was in a fit of anger, laughed.

"Hehehe!"

He was so angry he laughed!
After his entire portfolio hit the daily limit down with a 10% loss, his total return turned negative again.

If we exclude today, there are only 12 trading days left in the "Huaxin Simulated Trading Competition". With such a limited time, it is absolutely impossible to achieve a 50% return.

"Row!"

"I'll bet you!"

Lai Weijie stared directly into Zhang Yang's eyes, his tone filled with anger, and said, "If you can still get into the top ten in your major, I'll give you another 2 yuan!"

"What you say is unfounded."

"Then sign the agreement and record it on video."

"Just to my liking."

Zhang Yang then stood up and prepared to go to the library administrator to get two sheets of A4 paper.

Xu Zhirou and the others, who were in a corner of the analysis room, witnessed this scene and all lowered their voices to whisper what they had heard.

"They seem to be involved in insider dealings."

"I almost thought they were going to fight; that short guy looked really fierce."

"I heard something about the top ten in the major. Do you think it might be a case of someone taking the exam for someone else?"

Xu Zhirou squinted, staring at Zhang Yang's distinct profile.

She has had very sharp ears since she was a child, and she heard the entire conversation between the two of them just now. This was an insider trading deal.

Because her older sister, Xu Zhiruo, majored in investment, she also knew that investment students had a "demo trading competition".

Barring any unforeseen circumstances, the two will likely trade the results of this competition!

But Xu Zhirou was a little confused; she felt that something was wrong.

After a few seconds of contemplation, she suddenly had an idea and quickly typed on her computer keyboard, searching for the stock of Changan Automobile.

"Rou Rou, what's wrong?"

Some people in the discussion group were confused.

However, upon opening the stock page, everyone witnessed a scene they would never forget.

As the number of buy orders on the right side continued to decrease, other speculative funds and institutions withdrew their orders one after another.

Then!

Changan Automobile, which hit the daily limit down, is like a rocket soaring into space. The decline is rapidly narrowing and it is rushing towards the opening line.
-
8% -
6% -
3% -
1%
In less than 20 seconds, the 10% drop was completely wiped out, with a large number of retail investors placing orders to exit between 6% and 8%.

"This...this...this is!"

"Oh my god, a violent straight pull!"

"This is a monster stock!"

The accounting discussion group exclaimed in surprise, as Xu Zhirou finally understood why Zhang Yang was so confident and dared to propose the bet.

This man has definitely done in-depth research on Changan Automobile stock, and he is convinced that the 10% drop is a manipulation by major players to shake out weak hands.

"He's been set up and doesn't even realize it, what an idiot." Xu Zhirou looked at Lai Weijie in the distance, her eyes filled with sorrow.

If Lai Weijie had behaved himself and waited for the Huaxin Simulated Trading Competition to end, Zhang Yang wouldn't have deliberately sought opportunities to swindle him out of his money.

But this guy keeps asking irrelevant questions every few days; anyone who didn't know better would think Zhang Yang had joined Tencent QQ's online customer service.

Furthermore, it's clear that speculative capital is interfering in the market, yet they can't figure out the reason themselves, and they're already suspecting Zhang Yang of having ulterior motives. It's practically forcing Zhang Yang to open his wallet.

(End of this chapter)