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

Chapter 6: Halfway Through the Tournament
April 4st, April Fool's Day.

The Huaxin Simulated Trading Competition is more than halfway over, and Zhang Yang still hasn't chosen to trade. His 100 million yuan in simulated trading funds are still sitting in Baosteel shares.

Throughout March, Baosteel shares rose by 9.33%. However, since Zhang Yang entered the market on the 9th, he avoided the short-term peak of the previous week, resulting in a total return of 12.7%. In other words, his simulated account had a floating profit of 127,000 yuan.

As for his actual investment, he has invested a total of 4200 yuan, of which 70% is in Baosteel, 20% in JAC Motors, and 10% in Huaguo Bank.

As of the close of trading on April 1st, the actual gain was 15.22%, with a floating profit of 639.24 yuan, and the total account balance was 4839.24 yuan.

Zhang Yang was well aware that this round of market activity in A-shares was a bottoming-out recovery, and under normal circumstances, no action was needed.

What is a bottoming-out and recovery market trend?

To put it simply, it's a phase of value regression.

Due to the impact of the subprime mortgage crisis, most companies listed on the A-share market were severely undervalued, and the current rise is simply a return to their normal value range.

If you act now, you're very likely to miss out on the opportunity, which would be a net loss.

The real time to act is when market value returns to normal, capital diverges, and a technical bull or bear market begins.

Zhang Yang, who simply lay still while trading, still managed to maintain a return rate among the top 30 professionals.

When many investment students learned that Zhang Yang hadn't traded for over twenty days, yet his stock price had risen to the top 30 solely based on Baosteel's share price increase, they all chose to diversify their portfolios and follow suit.

As for market research reports priced at 30 yuan each, they are gradually being accepted by students.

It's worth mentioning that since Lai Weijie subscribed to all the research reports, his return rate has turned positive, and yesterday he achieved a return of 2.9%, placing him among the top 100 professionals.

Although he's still at the bottom of the rankings, he was number one in terms of return last week!
The sudden turnaround left teachers like Wang Xingbang and Chang Botao in disbelief. It's worth noting that Lai Weijie had lost 20% in the first six trading days, and the loss had even reached 26% later. His ability to turn a profit now makes him a true dark horse.

As for the top 20 students, they all felt immense pressure because their returns were very close.

He Jing, who ranked first, had a 4% lead in return rate over Xu Jiafeng, who ranked second.

Wang Liu, who was far ahead in the first week, suffered a series of losses while chasing stocks on the Dragon and Tiger List and is currently only ranked ninth.

With the competition halfway through, everyone started using all their skills, some even resorting to connections to find out inside information.

……

The sixth floor of the Shanghai University of Finance and Economics Library.

Financial Analysis Room.

Zhang Yang sat upright, his hands constantly typing on the keyboard, with a cup of coffee on his right.

With "spokespeople" like Lai Weijie, He Jing, and Xu Jiafeng, his market research report business is booming.

In just half a month, he earned 3400 yuan by selling data. Keep in mind that his customer base consisted of only 121 students.

Most importantly, some were purchased jointly by a dormitory, while others were pirated copies that were forwarded and shared to seize the market. He was already satisfied with selling them for 3400 Chinese yuan.

As the market neared its close at 3 p.m., he stretched and lightly clicked the left mouse button to check the day's market trends.

The A-share market remained strong on April 1st, with the banking and securities sectors showing strong performance. This is a clear signal of oversold valuation recovery.

why would you say so?

Banks and securities are like a seesaw.

When bank stocks rise, securities stocks tend to fall or remain flat.

If the securities sector rises, the banking sector will likely fall or remain flat.

This is because banks are a defensive sector; they only enter when market sentiment is low and there are signs of a market top, as funds need to seek refuge.

Securities are an offensive sector because the performance of securities companies is directly linked to the stock market. When the stock market is booming, the company's performance will naturally rise. However, if the stock market experiences a major recession, the performance of securities companies will also be disastrous.

This is why the securities sector is often referred to as the "flag bearer of a bull market".

Of course.

There are no absolutes in the A-share market.

After all, most retail investors are new to the A-share market and tend to choose the four major banks they are more familiar with. The continuous influx of market funds can disrupt theoretical patterns. However, this is also part of the stock market's allure; its uncertainty is what drives countless investors into a frenzy.

"Why are you looking at charts here?"

A pleasant female voice entered Zhang Yang's ears, bringing with it a fresh body fragrance, like jasmine flowers blooming in early May or June.

Zhang Yang glanced to the side and saw He Jing.

He Jing was dressed as hot as ever today, wearing a loose-fitting printed short-sleeved top and denim shorts, her plump, white legs were extremely eye-catching.

"Just take a look at the closing price."

As soon as Zhang Yang finished speaking, He Jing immediately chimed in, "That's true. After all, how can someone who hasn't traded for more than twenty days keep an eye on the market?"

"Can I sit here?"

she asked again.

Zhang Yang smiled calmly and said, "Of course."

After receiving Zhang Yang's permission, He Jing sat down in the seat on the right.

In order to find the man's "hiding place", she did not hesitate to inquire from various sources and finally learned Zhang Yang's exact location.

After taking her seat, she looked at Zhang Yang with curiosity and asked what was on her mind: "By the way, why haven't you traded for more than twenty days? Don't you want to intern at Huaxin Securities?"

"Do not want to."

Zhang Yang answered very decisively.

Fund managers may seem glamorous, managing billions of assets, but their annual salary is basically capped at tens of millions. He now has higher goals, and joining Huaxin Securities would only restrict him.

He Jing: "Why?"

"I like to be in control of the market, and I don't like being shackled or constrained," Zhang Yang gave a vague answer.

He Jing wasn't stupid; she naturally understood what Zhang Yang was trying to say.

After all, the Securities Law stipulates that employees of securities exchanges, securities companies, and securities registration and settlement institutions are prohibited from directly or indirectly buying or selling stocks.

Working for a securities company offers stable income, but sometimes you're not in control of your own life.

He doesn't work for a securities company; he makes a living through his own skills.

He Jing had also considered going solo, but reality was harsh. The waterfall on the mountaintop in 2007 made her realize the importance of a stable income.

"You really want to join Huaxin Securities?"

Zhang Yang suddenly asked.

"Of course, Huaxin Securities is a leading securities firm, and it has a powerful state-owned enterprise behind it. This is a once-in-a-lifetime opportunity."

He Jing made no secret of her longing for Huaxin Securities, which was her "dream company".

"Buy more of my sector research reports, and I guarantee you'll get in," Zhang Yang said with a faint smile.

"Are you so confident?"

He Jing's eyebrows furrowed slightly.

Zhang Yang smiled slightly, his eyes filled with confidence, and said, "Of course."

Their eyes met, and He Jing felt as if she was meeting Zhang Yang for the first time. He used to be more reserved, but now he was just like his name: confident, outgoing, and flamboyant!
In the study area outside the financial analysis room, Wang Liu, who was always polite and considered himself the last gentleman in Pudong, couldn't help but swear: "Damn it, no wonder the dorm leader is never in the dorm, he's on a date with He Jing."

"Oh no, he's really taken a shortcut."

Chen Chuan, standing nearby, was filled with envy.

"Thank goodness it was He Jing, thank goodness." Xu Jiafeng breathed a sigh of relief.

His crush on Xu Zhiruo wasn't something that happened overnight; besides being from the same hometown, they also both loved watching anime.

(End of this chapter)