Becoming the King of Bottom Fishing After Going All-In on A-Shares
Chapter 11 Fundraising in Queues
Several girls were chattering away, and some had already started rummaging through drawers and cabinets looking for their bank cards.
In a dormitory room at the end of the corridor, Wen Zhiyu sat on the edge of the bed, clutching a signed investment management contract in her hand.
Her roommate noticed too: "Zhiyu, you really voted?"
Wen Zhiyu nodded: "Mm."
"But that's your mother's life-saving money! What if we lose it?"
Wen Zhiyu was silent for a few seconds, then said softly, "I believe him."
Three words, no further explanation needed.
The roommates looked at each other, and finally fell silent.
They knew about Wen Zhiyu's family situation. Her mother was seriously ill, and the medical expenses were several thousand yuan every month. She worked several jobs and saved every penny to save this money.
This money wasn't just a number to her; it was her mother's life.
But she believed Lu Chenzhou anyway.
Or rather, she had no choice but to believe it.
Because she might never be able to save enough money for surgery by working odd jobs.
Her mother might not live long enough for her to save enough money for the surgery; she'll have to have surgery soon.
Lu Chenzhou was the only hope she saw.
In the Finance Department's teaching and research office, Zhou Xingbang sat with today's closing data still displayed on his computer screen.
He held a cup of tea that had gone completely cold in his hand, but didn't take a sip for a long time.
His phone vibrated. He picked it up and saw it was a message from the department head:
"Old Zhou, I heard that your student Lu Chenzhou is raising funds in his dorm? You should keep an eye on this, in case anything goes wrong."
Zhou Xingbang sighed, put down his teacup, and rubbed his temples.
He knew that this matter would eventually alarm the academy.
A student, who had just made a fortune with 10x leverage, immediately started soliciting funds from his classmates.
To put it nicely, this is called "managing money on behalf of clients"; to put it bluntly, it's "illegal fundraising."
But the problem is, Lu Chenzhou's actions were indeed brilliant.
She was so beautiful that even he, as her teacher, couldn't find any fault with her.
He picked up his phone, found Lu Chenzhou's number, hesitated for a long time, but still didn't dial it.
Finally, he sent a message:
"Shenzhou, be careful with fundraising. Don't promise returns, don't sign any illegal contracts, don't use leverage, and don't raise too much money. You can talk to me if you have any questions."
After sending it, he added another sentence:
"Also, congratulations on your great victory today, but remember, the stock market is not a one-day game, stay clear-headed."
After sending the message, he leaned back in his chair, staring blankly at the ceiling.
He recalled seeing similar young people when he interned on Wall Street.
Confident, decisive, and daring to be greedy when everyone else is fearful.
But those people all became cannon fodder.
Will Lu Chenzhou also become cannon fodder?
he does not know.
But he had a vague feeling that this student might really be different.
Baidu Tieba is buzzing with the news.
Just as news of people lining up to raise funds on the Renmin University campus spread, Baidu Tieba was also in an uproar.
A new post was pushed to the front page, its title so eye-catching it was almost glaring:
[Shocking! Lu Chenzhou, the "Leveraged Brother," starts fundraising, and Renmin University students line up to donate money]
The main post is short and explosive:
Breaking news: Leveraged guy Lu Chenzhou is holding a public fundraising event in his dormitory tonight, accepting investments from his classmates.
According to eyewitnesses, the queue stretched from the third floor to the first floor, and some people even brought 10,000 yuan in cash. This guy is truly a legend.
"Holy crap? Fundraising? Isn't this just managing money on behalf of others? Is it legal for college students to do this?"
"The person upstairs is clearly an amateur. This is called an investment based on trust between classmates, not public fundraising. What's illegal about it? Didn't Zhao Xianglong rise to prominence this way back then?"
"Hilarious, Zhao Xianglong is probably smashing his computer again in anger right now."
"Don't even mention Zhao Xianglong, I'd be angry too. Lu Chenzhou earns 95,000 yuan a day, and then he starts raising funds right away. Isn't that moving too fast?"
"Fast? What do you know! This is a difference in understanding. Lu Chenzhou is looking at the big picture; he knows we're at the bottom, so he dares to raise funds. Zhao Xianglong is looking at the panic, so he missed out. That's the difference."
"I'm curious, how much money will Lu Chenzhou be able to raise this time?"
"Conservatively speaking, at least 500,000 tonight. Don't forget, many of the students at Renmin University's Finance and Economics Department come from well-off families and have spare cash. Besides, Lu Chenzhou's legendary performance in this battle has made him a legend; who wouldn't want to get a piece of the action?"
"Five hundred thousand? I think it's more than that. Didn't you see that guy who bet 10,000? That's 10,000 just from that one. If a few more come, I bet we can break a million tonight."
"Millions? Are you underestimating it? There are hundreds of students in the Finance and Economics Department of Renmin University each year. Even if each person invests 10,000, that's still millions. Not to mention there are graduate students, doctoral students, and students from the School of Economics and Management next door."
"Calm down. Not everyone dares to invest, but I bet five cents that the total amount raised tonight will definitely exceed the amount Zhao Xianglong raised for the first time back then."
"How much did Zhao Xianglong raise the first time?"
"It seems to be more than 300,000. At that time, he went from 100,000 to 200,000 and was at the height of his fame. His classmates lined up to give him money."
"And what about Lu Chenzhou? He went from 10,000 to 95,000, a tenfold leverage, nearly ten times his initial investment in a single day. That's a much more impressive story than Zhao Xianglong's back then, isn't it?"
"They have to be fierce! Zhao Xianglong caught the bull market, while Lu Chenzhou accurately bought at the bottom of the bear market. The difficulty is on a completely different level."
"It's hard to say. Back then, the market environment was good, and fundraising went smoothly. Now, in this market environment, many fund companies can't raise funds. I'd be lucky to get even 50 yuan."
"I heard that Zhao Xianglong smashed his phone as soon as he learned about Lu Chenzhou's fundraising."
"Hahaha, really? I can't even imagine the happiness of the rich."
"Don't just laugh. Seriously, Lu Chenzhou's move was really impressive. But managing clients' money is no joke. What if it loses money? How will they compensate these students?"
"That's why they call themselves 'trustworthy'! If you don't believe them, don't vote; no one's forcing you."
"I'm a first-year graduate student at Renmin University, and I just got back from dorm room 302. I can say with certainty that Lu Chenzhou never said a single word about 'guaranteed returns' from beginning to end. The whole process was 'invest at your own risk; if you trust him, then invest.' This honesty is much better than some other people's."
"Some people? Just give them Zhao Xianglong's ID number."
"Hahaha, that hits home."
The atmosphere in the courtyard house in the west of the city was even more oppressive than last night.
Zhao Xianglong lay on the bed, his face pale and his lips bloodless.
The family doctor had just left. He was given an IV drip and told to "stay calm and rest well."
But at this moment, he was unable to calm down at all.
The assistant stood by the bed, holding his phone, hesitating whether to tell him the latest news.
"Speak," Zhao Xianglong said in a hoarse voice.
The assistant forced a smile and said, "Young Master, Lu Chenzhou is raising funds."
Zhao Xianglong suddenly opened his eyes: "What?"
"He openly accepted investments from students in the dormitory building, managing their finances on their behalf. There were long queues, and it's said he's already raised enough money..."
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