Reborn in 2012, building a new energy empire

He paused, his tone becoming more composed: "The executive meeting at the end of July was a clear policy signal. It's only a matter of time before relevant ministries issue specific guidelines, and it won't be long."

"These companies' stock prices have been consolidating at the bottom for so long that most of the floating shares have already been shaken out. Even without policy intervention, they won't experience a major drop; the risk is manageable. But once there's a sustained, large-scale expectation of orders, how do you think the market will react?"

The office was quiet.

Chang Yu's eyes widened. Although he didn't understand the financial market very well, Jiang Haoran's logical and progressive analysis made him instinctively feel that it made a lot of sense.

Chen Jingge remained silent, his fingers ceasing their tapping. Having spent so many years navigating the market, he knew all too well the weight of the phrase "expectation gap."

While most people are still observing and doubting, the few who see the trend and make arrangements in advance are often able to reap the most lucrative profits.

My nephew's analysis was meticulously crafted, covering everything from the macroeconomic situation and policy guidance to the industry landscape and company fundamentals. Each point was logically connected and perfectly aligned.

This is no longer a simple matter of "guessing whether prices will rise or fall," but a strategic layout based on profound industry insights.

"You... you figured all these analyses out by yourself?" Chen Jingge couldn't help but ask.

Jiang Haoran smiled but didn't answer directly: "Observe more, listen more, and think more. Piece together the fragmented information, and the overall picture will naturally become clear."

He sat down again and pushed the marked report to Chen Jingge: "I'll leave the position building to you to oversee. You arrange for the trading room to operate, and they will place orders according to plan."

"Your task is to keep an eye on the price movement, buy on dips, and never chase highs. Buy when the price reaches the target, and wait when it doesn't. Invest this 15 million within two weeks."

Chen Jingge looked at the heavy report, then at his determined-looking nephew, took a deep breath, and nodded emphatically: "Okay."

"Chang Yu," Jiang Haoran turned to his childhood friend, "you'll learn from General Manager Chen. Watch the market, watch the orders, watch how to communicate with the traders. You don't need to do the trading yourself, but you need to understand what they're doing."

Chang Yu immediately straightened his back: "Understood!"

The two walked out of the office. Jiang Haoran leaned back in his chair, gazing out the window into deep thought.

His analysis was 70% based on publicly available information and reasonable inferences, and 30% stemmed from a clear memory of the policy context of his predecessor.

But even setting aside that bit of "prophetic insight," standing at a higher level and seeing clearly the underlying logic of industrial rotation and policy-driven development, along with a grasp of the economic situation and industrial logic, is enough to support this investment decision.

In the second half of 2012, infrastructure investment became an important tool to counter the economic downturn, with water conservancy being of paramount importance.

At the end of August, the National Development and Reform Commission and the Ministry of Water Resources will jointly issue the "Guiding Opinions on Accelerating the Construction of Water Conservancy Infrastructure".

The document clearly states that central government budgetary investment will be significantly tilted towards water conservancy in the next two years, with a focus on supporting the continued construction and upgrading of large and medium-sized irrigation areas, rural water supply security, flood control and disaster reduction projects.

He opened his stock trading software and entered "Qinglong Pipe Industry". The chart unfolded, showing that the stock price had been hovering around 6 yuan for two years, like weaving cloth, with the trading volume shrinking to a very low level.

The last post about this stock on the forum was three months ago, when someone asked, "Is this stock still alive?"

Jiang Haoran closed the page, a very faint smile appearing on his lips.

Alive, and about to live well.

Most of these state-owned infrastructure stocks that were at the bottom later saw their prices double or even multiply.

But right now, they are still ignored.

As August drew to a close, Jiang Haoran proceeded with his plan step by step.

Jiang Haoran's gaze swept across his watchlist; he knew the names of those ten stocks by heart: Qinglong Pipe Industry, Guangdong Hydropower, Anhui Construction Engineering, Qianjiang Water Resources...

Price fluctuations were minimal, mostly hovering around the previous trading day's closing price by only a few cents, with pitifully low trading volume. The market showed absolutely no interest in them.

But that's exactly what he wanted.

In terms of stocks, Chen Jingge, following his instructions, began to build up positions in the water conservancy infrastructure sector in batches.

More than a dozen stocks, including "Qinglong Pipe Industry", "Guangdong Hydropower", and "Anhui Construction", have gradually entered the holdings list.

The pace of building positions is extremely subtle. Prices are placed in a scattered manner, and orders are broken up into small pieces, like spring rain seeping into the soil without causing any ripples.

On the futures account side, Jiutian Investment's profits in the soybean meal 1301 contract are also quietly accumulating.

The more than seven million yuan was divided into smaller amounts, and dozens or hundreds of lots were bought and sold every day following the market trend, gradually reducing the holding cost to around 3900 points.

On paper, there is already a floating profit of several hundred thousand.

The market is quietly changing.

Prices gradually rose above 4100 points, but the upward trend was no longer smooth; instead, it entered a period of repeated and nerve-wracking fluctuations.

The battle between bulls and bears has intensified. Although the upward momentum remains, the rise is showing signs of fatigue, and the market is becoming increasingly unpredictable.

The most obvious feature is the frequent appearance of "ghost pulses" in the chart.

The stock price frequently experiences sudden, sharp rises, breaking through several psychological barriers in an instant. The technical chart is deliberately drawn into an enticing "breakout" pattern, attracting countless followers to flock to the market.

However, just as the speculative buying is activated and people excitedly rush in, even greater, organized selling pressure will suddenly appear, slamming the price back to its original level, leaving behind long upper shadows and countless trapped retail investors.

At the same time, some financial media outlets began to feature sensational headlines with content that couldn't withstand scrutiny: "International investment banks are shocked: China's agricultural product demand gap is huge!" "Global capital is pouring into China's agricultural product market."

"Pulling up the price with wash trading, creating a false breakout," Jiang Haoran muttered to himself.

He stared at the abrupt peaks and valleys on the intraday chart, his eyes showing no surprise, only a cold, discerning eye.

He was very familiar with this method; it was a typical way for speculative capital to profit.

Using their financial advantage, they manipulate the market to create the illusion of a strong upward trend, enticing retail investors to follow suit. Once enough retail investors have bought in, they begin distributing their shares in the opposite direction.

The sole objective is to attract enough followers at high prices to distribute the shares.

Creating public opinion and manipulating the market are typical tactics for profiting from losses.

After each seemingly powerful upward surge, the subsequent selling pressure was exceptionally heavy, and the appearance of those sell orders was highly rhythmic and layered.

This is a signal that major funds are withdrawing.

But market sentiment is getting increasingly heated, just as the classic saying goes: "Markets are born in despair, grow in hesitation, mature in euphoria, and perish in madness."

Now, the soybean meal market is tentatively sliding from the cusp of "hesitation" and "frenzy" towards "madness".