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

Chapter 46: All Roommates Wiped Out
At noon, the sun shines brightly.

Although it's only April, the temperature in Shanghai can already be described as scorching, and some dormitories even need to turn on the air conditioning at night.

Since it was inconvenient to bring a laptop to the cafeteria, Zhang Yang simply left his laptop in the financial analysis room. After all, with surveillance and information registration, no student would be foolish enough to steal valuables from the library.

After queuing up to get his food, Zhang Yang glanced around at the dining area and happened to spot his three roommates there as well.

He approached with his tray, then sat down and greeted them, "Chuanzi Liuzi, how's your return this morning?"

"Ugh, don't even mention it, dorm leader." Chen Chuan glanced at Zhang Yang and sighed, "I went to chase after high-achieving students and got stuck with them. I'm out of the top ten in my major now."

"I'm just like him."

"Me too."

The three roommates had remarkably similar experiences, which piqued Zhang Yang's curiosity, so he asked, "Why did you all go chasing after high prices?"

"With only a few trading days left, I was thinking of taking a gamble on the asset restructuring, but I didn't expect the speculative funds to dump the shares so aggressively, and they were pushed to the floor in the blink of an eye."

Xu Jiafeng sighed.

"Buying high prices will ruin three generations of your family, while buying low will make you rich and handsome. I hate Minmin Dong (now Huaying Technology)!"

Just as Chen Chuan finished his reflection, he suddenly remembered something and asked, "Who recommended Fujian East?"

"It's not me, don't look at me."

As Xu Jiafeng denied it, he looked at Wang Liu beside him.

Noticing three pairs of eyes fixed on him, Wang Liu felt a little embarrassed and explained, "I heard that the 'Ningbo Daredevils' group of speculative funds went up and were going to make it the stock market king of April 2009. Who would have thought we would end up eating at the bottom?"

"puff--"

Zhang Yang couldn't help but laugh out loud, saying, "You actually believe what speculative investors say? You're too naive."

Why can speculative capital make money in the A-share market?
To be more precise, why can both institutional investors and speculative funds make money in the A-share market?
The reason is that they are wolves, while thousands of retail investors are sheep!

Anyone who has worked in a financial institution or frequented a group of speculative investors knows that they think about only one thing 24 hours a day: how to lure retail investors in and then fleece them.

"Ugh!"

"Ugh!"

"Ugh!"

The three of them sighed in turn.

Zhang Yang had some recollection of the stock Minmindong after his roommate mentioned it.

If he remembers correctly, Minmindong was formerly known as Mindong Electric Machinery Co., Ltd., which was listed on the Shenzhen Stock Exchange in November 1993, with the stock abbreviation "Minmindong".

From 2001 to 2006, the company was repeatedly warned of delisting risks due to financial problems and was designated as a special treatment (ST) stock.

However, since 2006, there have been rumors that the company was going to carry out shareholding reform, and the market has been speculating on the removal of the delisting warning and shareholding reform, until December 22 of the same year when it officially announced the suspension of trading.

Two years have passed in the blink of an eye, and Minmindong resumed trading on February 4, 2009. The market gave it a 5% limit-up price, followed by 11 consecutive limit-up days, making it a regular on the February stock exchange's list of top gainers and losers.

However, on February 19, it announced another trading halt to implement a shareholding reform to ensure the interests of both tradable and non-tradable shares.

It can be said that Minmindong stock has always attracted market attention.

Even Zhang Yang wouldn't choose such high-risk stocks for his limit-up trading, because you don't know how much capital is hidden inside, especially since it was suspended for more than two years and then suspended again.

"Dormitory head, what about your account? How's it going?" Chen Chuan asked.

"I haven't made much of a move; I'm still in the banking sector," Zhang Yang replied, while putting a piece of rice into his mouth.

"Still working on research reports?"

Wang Liu, who was standing to the side, also asked.

Zhang Yang: "Yeah, it's about making money."

"That's really perseverance."

Xu Jiafeng couldn't help but praise.

They lack the talent and ability to flaunt their abilities; otherwise, who wouldn't want to accumulate their first pot of gold while still in school?

A grown man's confidence always comes from the thickness of his wallet; as long as he has money in his pocket, he won't be intimidated by anything.

But what if you don't have money?
Even speaking requires careful consideration.

……

After having lunch with his roommates, Zhang Yang didn't go back to the dorm with them, but went straight back to the library. Taking a nap in the library is really no different from taking a nap back in the dorm.

The financial analysis room also has a study area with sofas, where you can lie down and sleep as long as you're not afraid of being stared at.

Before he even reached the sixth floor, Zhang Yang's phone vibrated twice.

[尊敬的客户，您尾号2389的建行账户于2009年4月10号12点34分收到华国币40000元（大写：肆万元整）转账汇款，可用余额40071元，备注：研报共创收入。]
"Another 40,000."

Zhang Yang looked at the message and felt pleased.

Although Tao Yuang's 40,000 yuan came late, it can further increase the funds in his account. Once it reaches a certain amount, he can find a financing company to conduct leveraged financing.

What is leveraged financing?

To put it bluntly, it's about borrowing money to speculate on stocks.

Taking 10x leverage as an example, if you have 1 yuan in principal, the leverage company will give you an additional 10 yuan, allowing you to operate with a total of 9 yuan. A 1% increase means a profit of 1000 yuan. Doubling your principal only requires a 10% daily limit up, while being liquidated only requires a 10% daily limit down. To be precise, a 7% drop will require you to add more funds, and a drop close to 9% will result in forced liquidation.

Those who end up on the rooftop after playing the stock market game are basically leveraged traders.

In the capital market, returns and risks go hand in hand. Margin trading companies are not charities and will not lend money to investors for free.

However, top traders see leveraged funds as a financial tool to narrow the gap in principal.

"Extroverted".

As Zhang Yang pondered the matter of margin trading, a voice with a hint of a woman's voice called out to him from behind.

Zhang Yang glanced to the side and saw He Jing.

The other person has changed back into their everyday clothes, wearing denim shorts with a loose-fitting lettered short-sleeved shirt, giving off a strong college student vibe.

"How did you come?"

Zhang Yang inquired.

He Jing didn't beat around the bush and said, "I've compiled a macroeconomic research report. Take a look and see if there's anything that needs to be fine-tuned."

"Let's go up and talk about it."

The two went to the financial analysis room, and He Jing also brought her laptop.

After plugging in the network connector, Zhang Yang opened Tableau, a business intelligence visualization software on her computer, to check the quality status.

About three minutes later, Zhang Yang looked away and turned to He Jing, who was standing beside him with an expectant expression, and said, "If you're not a one-in-a-million market research genius, then this market research report must have taken at least a while to prepare."

"One week."

He Jing didn't hide it either.

They just reached an agreement last night: even the most brilliant person can't produce a market research report in a day; even Buffett couldn't do it.

The reason she thought of creating market research reports was to improve her competitiveness. After all, between a fund manager who can create market research reports and one who cannot, the former will definitely have a greater chance of promotion.

Just last night, Zhang Yang asked her to do a part-time job, so He Jing simply submitted this macroeconomic research report, which had taken her a week to complete, and asked for her opinion.

“That makes sense then.” Zhang Yang smiled calmly and praised, “I’d give it a 95 out of 100. It has all the necessary information, and the visualization is excellent. It just doesn’t provide trend predictions.”

"So, it works?"

"It works."

Upon hearing that it could be used, He Jing extended her fair hand and gestured, "Give me the money."

"Don't rush, didn't we agree on four research reports a month? You should submit your drafts first." Zhang Yang wanted to reduce the research report production fee, since he needed to use that money to invest heavily in A-shares.

"Four articles are required to get paid? Your boss is incredibly greedy!"

He Jing couldn't help but complain.

Zhang Yang was no longer young at heart, and shamelessly said, "It's the early stage of starting a business, so please be understanding. Besides, I treated you to dinner last night at a high-end restaurant like the Peace Hotel, which must have cost at least several thousand yuan. Please be lenient."

"Bullshit! Someone else paid me!"

"Just tell me if there's any food left."

"There is food."

"Then it's over."

感谢书友2021……4174、守望者、书友2021……9735、赚钱养家活口、书友2021……0681众多大佬的月票，感谢想送推荐票，每天追读的读者大佬，非常感谢。

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(End of this chapter)