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

Chapter 82 The Conflict Begins (Please continue reading)
"Trying to cause trouble?"

What happened to Brother Ma?

"Who dares to cause trouble?"

As soon as Ma Xinqi finished speaking, several members of the Ningbo Daredevil Team immediately turned to look at him and asked questions.

Xu Xiang and Sun Guodong also looked at Ma Xinqi, waiting for what would happen next.

"Jianfeng Group's stock price hit the daily limit..."

Before Ma Xinqi could continue, a speculative investor interrupted him, saying, "So what if Jianfeng Group hit the daily limit? There are over 90 stocks hitting the daily limit today."

"It's different."

Ma Xinqi looked at the person who spoke, then scanned the crowd and said, "Jianfeng Group has the most mature shikimic acid extraction technology in China, and its fundamentals far surpass those of our Rhine Biotech."

"!!!"

Everyone was shocked.

Sun Guodong frowned and questioned, "Then why did you choose Rhine Biologics instead of Jianfeng Group?"

In the Ningbo Daredevil Team, everyone has a clear division of labor. Ma Xinqi's responsibility is to select actionable targets.

"Yeah, why didn't we choose Peak Group back then? What are we going to do now?"

"Is it because the market capitalization is too large and difficult to manipulate?"

“I just checked the first quarter report of Jianfeng Group. The total share capital is 3.3 million shares, and there are 8 shareholders. However, the top ten shareholders hold 62% of the circulating shares. That is to say, the retail investors, institutions or speculative funds among the 8 shareholders hold a total of 1.254 million shares. According to the calculation that it only takes 10% of the circulating shares to manipulate a stock in the short term, less than 2 million yuan can be used to complete the control of the stock.”

When this statement was made, it was a direct attack on Ma Xinqi, who was known for his stock picking skills.

Without a doubt, Peak Group is a small-cap family business with extremely dispersed shares, making it entirely possible to get involved and accumulate shares early on.

Seeing that Ma Xinqi was about to be "besieged", Xu Xiang took a sip of coffee and said in a deep voice, "I chose Rhine Bio, and Brother Ma has suggested to me more than once that I control the Peak Group."

"???"

"???"

"???"

Everyone was filled with question marks again.

Which stocks did Xu Xiang choose?
Based on their understanding of Xu Xiang's abilities, it's impossible for him to make such a basic mistake. Could there be another reason?

In fact, there is a hidden story.

Initially, both Xu Xiang and Ma Xinqi intended to control Jianfeng Group, but a friend from a private equity firm, upon learning that Xu Xiang was going to hype up the shikimic acid concept, immediately advised him to change his target.

At first, Xu Xiang disagreed, but when he learned that the chairman of Rhine Biologics was going to secretly participate, things changed.

Many retail investors may not understand why a company's chairman would collude with speculative investors and institutions to harm himself. Isn't he afraid of damaging the company's interests?
The reasoning behind this is quite simple: once a company goes public, its nature changes from a private enterprise to a public enterprise.

Anyone who has run a company knows that the money the company earns is still in the company's accounts. To turn it into your own pocket, you need to carry out one or more capital operations.

Generally speaking, some business owners will buy cars in the name of the company, which not only allows them to deduct taxes, but also allows them to use the company's accounts for daily fuel and maintenance.

There are also many jokes online, such as the company car not belonging to the boss, but he only has the right to use it 24 hours a day.

If you want to cash out more discreetly, you can find a private equity manager and work with them to manipulate stock prices to obtain high profits.

In this situation of collusion from within and without, manipulating the price movement of speculative stocks becomes much easier and simpler.

This is why Xu Xiang and Ma Xinqi changed their targets – mainly because they had an "insider" providing cover.

But they never expected that someone would now try to "intercept the dragon".

To follow or not to follow?
Xu Xiang seemed a bit undecided.

If we don't follow suit, the concept of shikimic acid that they've been hyping up so much will be handed over to someone else, who will then be elevated to a pedestal.

However, if they follow suit, all the retail investors who flooded in today will become profit-takers, significantly increasing their cost of driving up the price. ...

After a half-minute silence in the VIP room, Sun Guodong broke the silence and said, "Brother Xiang, what do you suggest we do now?"

He quickly added, "The other party is now pushing the stock to its daily limit, clearly aiming to become the leading stock. If we continue to adjust, they will take the opportunity to replace us, Rhine Biologics, as the leading stock in shikimic acid."

"But what if we push the price to the daily limit? What about the tens of millions of people who bought in today and are now making a profit?" someone asked, posing a crucial question.

If Zhang Yang's 300 million was a thorn, then the current surge in the price of Jianfeng Group is like a revolver, its barrel being forcefully shoved into the mouths of the "Ningbo Daredevils," causing them extreme discomfort.

"Go and find out which speculative funds are behind this, and also ask who has any leverage over the Peak Group." Xu Xiang looked at Ma Xinqi, his tone remaining calm.

But behind that calm tone was a murderous glint in his eyes.

Xu Xiang has always been the one manipulating other people's stocks; no speculative capital has ever managed to manipulate his stocks.

Even if an organization comes, who wouldn't give Xu Xiang the slightest respect?
Five billion yuan in self-owned funds is no joke, and that doesn't even include the self-owned funds of the other members of the Ningbo Daredevils!

"I'll check right away."

Ma Xinqi nodded slightly.

He knew very well that Xu Xiang was really angry this time. They had been hoping that Rhine Biologics would "have enough to eat," but now someone was taking their food away, even the whole pot.

If you just follow behind and eat something, they won't mind, but in this situation, it's blatant provocation!

"Others!"

Xu Xiang raised his voice, his sharp gaze sweeping over everyone present, and said in a deep voice, "Pull the price to the daily limit and stabilize the leading position!"

"understand!"

"Roger that!"

The moment the instruction was received, hundreds of securities accounts began trading. Rhine Biologics' previously sluggish stock price suddenly became as hard as steel and surged like a spring on a dry land!

Some retail investors who had only been in the market for a few days, upon hearing about the bull market, had never seen anything like it before, and rushed to post on stock forums.

[Mengmeng Xiaotang]: I don't understand, what happened to Rhine Biologics? Why did it suddenly hit the daily limit?

[Guixi Zidi]: I just bought 5000 shares and they hit the daily limit up. I've made a profit of about 20,000 yuan. When can I sell them?
[Loves Cilantro]: Sure enough, you get what you deserve by following a big shot. Xu Xiang, I love you!
Rhine Biologics' "bull trap" trend only fooled the young and inexperienced investors. Some seasoned stock market veterans are now filled with regret, wishing they had acted sooner.

And at the same time.

the other side.

China Merchants Securities branch on Hongling Middle Road, Shenzhen.

Wearing a black and white checkered short-sleeved shirt and a pair of dull black-rimmed glasses, Chen Sanrong (the "Jumping Brother"), a typical programmer, stared at the two stocks, Jianfeng Group and Rhine Biologics, which had both hit their daily limit, and fell into a long silence.

"Peak Group..."

"Rhine Biological..."

He thought of Zhang Yang's private messages.

I thought the Joker was just a clown indulging in wishful thinking, but it turns out he's a trump card, actually vying for the top spot with Xu Xiang.

Why is he so sure that Zhang Yang is vying for the top spot?

Because apart from Zhang Yang, that hothead, he had never seen any speculative investor dare to say they wanted to target Xu Xiang's stock.

But there was one thing he couldn't understand: if Zhang Yang had a business worth hundreds of millions, why would he need to run VIP research report groups to fleece his fans?
Can't figure it out.

He really couldn't understand it.

However, as a speculative investor, even though he was only a third-tier speculative investor with a capital of tens of millions, Chen Sanrong immediately realized that Jianfeng Group might actually have successfully "snatched" his body.

Driven by self-interest, he did not hesitate and began to use speculative capital channels to intervene in the stock price of Jianfeng Group, attempting to get a share of the profits.

(End of this chapter)