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

Chapter 77: Additional 118 million in margin
"Brother Zhong, you seem to have a lot of free time. Haven't your clients placed any orders with you yet?"

Lai Zehao turned to look at his colleague Zhong Qifeng beside him. Zhong Qifeng was holding a coffee cup and looked relaxed and at ease.

"I hope I haven't been liquidated again?"

he added.

Working at a margin trading company, the most common thing is margin calls; almost every day someone gets their account liquidated or needs to add more margin.

Of course.

There are profitable customers, but very few.

"There was no margin call, it's just that the client said he wanted to come to our company, probably to deleverage." Zhong Qifeng didn't pay much attention, after all, Zhang Yang had indeed made a lot of money during this period.

Moreover, the market opened higher across the board today. Although the increase was not particularly large, the securities sector, often seen as a bellwether of the bull market, led the gains. Huaxin Securities is currently priced at 24.89, up 2.64%, and other securities also rose collectively.

The banking sector, which has been a "stabilizing force," has not experienced a sharp rise. The surge on the 29th, the slight drop on the 30th, and the small positive line on the 4th have formed a "three-bottom" stabilization trend candlestick pattern.

In addition, last night's "News Broadcast" also revealed a key economic indicator: the number of passengers transported by the national railway reached 2360.6 million, an increase of 11.4% year-on-year. This does not include passengers traveling by car or by tour bus.

The number of tourists visiting Hangzhou alone reached 200.88 million, an increase of 25.3% compared to the same period in 2008.

While the number of tourists cannot directly represent the national economy, it can, to some extent, demonstrate that China's consumption capacity and economic growth are gradually recovering.

Moutai, known for its "soy sauce-flavored technology," has also reversed its downward trend, now priced at 117.8 yuan, an increase of 1.25%.

In a market with widespread price increases, everything in sight is red, indicating rising prices.

However, the previously hyped medical and pharmaceutical sector has shown a "weak and powerless" trend. For example, Yuwell Medical opened high but was immediately hammered down, creating a standard upper shadow line.

Some small-cap speculative investors who have clustered around companies like Haiwang Bio and Progen Pharmaceuticals (now Progen Pharmaceuticals) have seen upper shadows on their charts, and some are even about to turn green.

Why do speculative funds, even when they're grouped together, still see losses?

The logic is actually quite simple: retail investors are no longer following suit, leaving speculative funds and institutional investors isolated and helpless.

Amidst a general market decline and weak profit-making opportunities, market funds are clustering together for mutual support.

The market is experiencing a general price increase, creating a strong profit-making effect, and market funds are being dispersed to seek opportunities.

Only when funds pool together can there be "monster stocks," and these so-called "monster stocks" are essentially products of market funds pooling together for speculation.

If you can make money anywhere, who would want to play high-stakes Ponzi schemes with you?

This is why there are more speculative stocks in a bear market, but fewer speculative stocks in a bull market.

However, Rhine Biologics, controlled by Xu Xiang and Ningbo Daredevils, still hit the daily limit. Some profit-taking investors, seeing the sluggish performance of the medical and pharmaceutical sector, also sold their shares to Xu Xiang and other speculative investors.

Five consecutive days of limit-up trading, even if you bought in on the first trading day, the increase has reached 61.05%. But this is far from satisfying Xu Xiang's appetite. The target he has his eye on is not something that can be satisfied by five consecutive limit-up days.

……

After a roughly three-hour drive, around 11 a.m., Zhang Yang and Xu Zhiruo arrived at the office building of Hongyue Investment.

Because he had made an appointment in advance, Zhang Xiaolong still waited in the elevator corridor.

"Ding--"

When the elevator doors opened, he greeted him warmly, "Junior Brother Zhang Yang, congratulations! Today is a day of widespread market gains, and your account has already reached a floating profit of 4 yuan. You truly deserve to be a prominent figure in our Shanghai University of Finance and Economics' investment school."

"Who is this…"

He looked at Xu Zhiruo.

“She’s also from Shanghai University of Finance and Economics, her name is Xu Zhiruo.” Zhang Yang smiled slightly and continued, “I’m here this time to help you boost your performance, senior brother.”

"Pushing for sales targets?"

Zhang Xiaolong was stunned for half a second.

He thought Zhang Yang was there to leverage his position, and he had just checked the margin trading account, where the profit was almost 4 yuan.

"Yes, I want to add 118 million."

Zhang Yang's words were concise and to the point.

"1...118 million?"

Zhang Xiaolong had no idea that Zhang Yang had so much money, but he quickly realized something, his gaze lingering on Xu Zhiruo's face for a moment before he understood.

"So he's the same as Tao Yuang."

He murmured to himself.

Although Zhang Xiaolong was two years younger than Tao Yuang, he knew that Tao Yuang had gotten into Huaxin Securities because of Yue Shuxue. At the time, many people privately mocked Tao Yuang for only having "hard skills".

As Tao Yuang entered the workforce, his reputation among his classmates changed again. His former students gradually came to understand a cruel truth: those in the financial industry without connections are worse off than dogs.

Zhang Xiaolong also regrets his past arrogance. If he had understood this principle earlier, he wouldn't have ended up working at a margin trading company.

Although the other person is a bit chubby, weighing around 180 pounds, and a bit short, at 1.55 meters, there's a saying that goes, "It's all the same when the lights are off." Just grit your teeth and you can still persevere!
"118 million, can the annual interest rate still be 10%?" Zhang Yang continued to ask directly. Xu Zhiruo put up 115 million, the last time the leveraged investment was 20, and he still had 3 in his bank card. This time, Zhang Yang was going all in.

"Of course." Zhang Xiaolong agreed without hesitation.

This is because the higher the deposit, the greater the benefits you can enjoy, similar to negotiating annual interest rates for large bank deposits.

"Then let's sign the contract."

Zhang Yang didn't want to waste a single second.

"This way, please." Zhang Xiaolong didn't hesitate and immediately beckoned Zhang Yang and Xu Zhiruo to the office to sign the contract.

……

After the "Investment Cooperation Agreement" was signed, Zhang Yang led Xu Zhiruo to the nearest branch of China Construction Bank and transferred a total of 118 million yuan to the designated account of Hongyue Investment.

Xu Zhiruo has a black gold card, and no handling fees were charged for the 115 million.

However, Zhang Yang didn't have any special privileges. When he transferred 3 yuan using his ordinary Class A card, he was charged a 50 yuan interbank transfer fee.

The two transfer receipts were returned to Zhang Xiaolong, who immediately went to arrange for financing.

Not a moment.

He went back to his office.

“Everything is settled, Junior Brother Zhang Yang. It’s the same margin trading account and manager. Your total balance in your margin trading account is now 694 million. If you want to see the specific details of the account, you can go to the trading office area to find Manager Zhong Qifeng.”

Zhang Xiaolong couldn't hide his joy.

Last time, Zhang Yang used 20 yuan as a deposit to leverage 80 yuan, with a daily interest rate of 0.0274%, and had to pay 219.18 yuan to the leverage company every day.

This time, I used 118 million yuan as margin and leveraged 472 million yuan. The daily interest rate is also 0.0274%, and I have to pay 1616.6 yuan in daily interest every day.

Adding the two daily interest amounts together, Zhang Yang has to pay 1835.78 yuan to the financing company every day.

Zhang Xiaolong's salary consists of a base salary of 8000 yuan, but the bulk of it comes from a 10% commission on the daily interest amount of his clients. For Zhang Yang's deal, he can take 183.5 yuan.

A margin trading manager with a large client base can earn a monthly salary of 100,000 or even hundreds of thousands of yuan.

"it is good."

Zhang Yang nodded slightly and then asked, "By the way, senior brother, if I want to trade personally, can I come here to manage the transactions?"

"Of course, but you need to get the trade manager's approval first."

"Then I understand."

"Yes, you can communicate more with your trading manager; you know his phone number."

"Okay, thank you, senior brother."

"You're welcome."

After exchanging a few polite words, Zhang Yang led Xu Zhiruo to Zhong Qifeng's workstation in the trading office area.

Upon seeing Zhang Yang arrive, the other party immediately greeted him with a smile, saying, "Mr. Zhang, welcome, welcome."

He already knew that Zhang Yang had added 118 million yuan in deposit, which meant he was a super big client, the kind that needed to be appeased.

"It's been a long time, Manager Zhong. I'd like to personally conduct transactions here for the next few days. Is that alright with you?"

Zhang Yang kept it brief.

"You want to do the transaction yourself?" Zhong Qifeng was clearly not expected.

"Yes."

Zhang Yang nodded and explained, "I will trade at your workstation. If there is a need to close a position or add margin, you can interrupt my trade at any time."

"Um…"

Zhong Qifeng fell into thought.

The company doesn't seem to have a rule that customers can't be present for the transaction.

The reason why the margin trading account is not in the hands of the client is mainly because it involves closing positions and adding margin, which are operations that need to be completed by the traders of the margin trading company.

"That's fine."

Zhong Qifeng didn't think there was anything wrong with it, but he still reminded him, "The transaction can only be done here. Our company's working hours are 8:30."

"take note of it."

Zhang Yang nodded in response.

(End of this chapter)