Becoming the King of Bottom Fishing After Going All-In on A-Shares

Someone forwarded the post from the forum to a teachers' group, and then a teacher took a screenshot and sent it to the department head.

The department head, surnamed Wang, was in his fifties with gray hair. He had worked at the School of Finance and Economics of Renmin University for over twenty years and had seen all sorts of ups and downs.

But this time, he couldn't sit still.

"It's Lu Chenzhou again?" Director Wang frowned deeply as he looked at the post on his phone screen.

The deputy director next to him leaned over for a look: "Didn't we just finish dealing with the last fundraising? How come you've come up with this Hong Kong stock 10x leverage?"

"Students, they get cocky after making a little money." Another teacher shook his head. "He leveraged ten times to buy CITIC Securities at the bottom and made three or four hundred thousand yuan. Now he thinks he's a stock market genius."

"This isn't a question of whether it's floating or not," Director Wang put down his phone, rubbed his temples, "Ten times leverage in Hong Kong stocks, that's too risky."

What if we lose money? What will happen to the students who invested? What if their parents come knocking on our door? What if the media finds out?

The office was silent for a few seconds.

"How about we let Zhou Xingbang talk to him?" the deputy director suggested. "He's Lu Chenzhou's mentor, and the student listens to him more."

Director Wang nodded: "Okay, let Lao Zhou go."

There are two key points: first, risk control; second, studies should not be affected. Stock trading is acceptable, but it shouldn't put the cart before the horse.

The deputy director hesitated for a moment: "What about fundraising?"

Director Wang was silent for a few seconds, then said, "The results are in, so everything is fine, but if we lose money..."

He didn't finish his sentence, but everyone understood what he meant.

When Zhou Xingbang received the call, he was in his office grading papers.

After hearing the deputy director's account, he remained silent for a long time.

Then he said, "I understand, I'll go talk to him."

After hanging up the phone, he leaned back in his chair and stared blankly at the ceiling.

To be honest, he didn't want to go.

It wasn't because he was afraid of trouble, but because he felt like a "villain" when facing Lu Chenzhou.

He intervened to stop the last fundraising attempt, and now he's going to do it again with the tenfold leverage in Hong Kong stocks.

Once or twice, he worried that he would become a "teacher who deliberately causes trouble" in Lu Chenzhou's mind.

But he also knew that the school leaders' concerns were not unfounded.

Tenfold leverage in Hong Kong stocks is indeed too risky.

He picked up his phone, found Lu Chenzhou's number, hesitated for a long time, and finally dialed it.

"Chen Zhou, it's me, Teacher Zhou. Are you free now? Come to my office, there's something I'd like to talk to you about."

When Lu Chenzhou hung up the phone, Zhang Yixing, Yang Cheng, and Xia Yaozong were all looking at him.

"Teacher Zhou is looking for me." Lu Chenzhou stood up and picked up his coat.

"Is it about fundraising again?" Zhang Yixing frowned.

"It should be about Hong Kong stocks." Lu Chenzhou's tone was very calm, as if he were saying, "I'm going to the cafeteria to get some food."

The dormitory was quiet for a few seconds.

Then Zhang Yixing spoke up, his voice tinged with hesitation: "Shen Zhou, my research institute's team leader asked me for information."

Lu Chenzhou stopped and turned to look at him.

Zhang Yixing's expression was somewhat complicated: "He wants to find out your views on CITIC Securities and A-shares through me, as well as which Hong Kong stock you plan to buy."

The atmosphere in the dormitory instantly became awkward.

Yang Cheng and Xia Yaozong exchanged a glance but neither spoke.

Lu Chenzhou was silent for two seconds: "You'll find out tomorrow."

He didn't explain further, turned around, pushed open the door, and walked out.

Zhang Yixing stood there, stunned, staring at the closed door, unable to come to his senses for a long time.

"What does he mean by that?" He turned to look at Yang Cheng and Xia Yaozong.

Yang Cheng shrugged: "It means he doesn't want to talk about it."

Xia Yaozong laughed: "Or, he wants your team leader to guess too."

Zhang Yixing was both amused and exasperated: "You two... never mind, I'll figure it out myself."

When Lu Chenzhou walked out of the dormitory building, Xia Yaozong followed him out.

"Sinking Boat, wait a moment."

Lu Chenzhou stopped and turned to look at him.

Xia Yaozong strode forward and asked in a low voice, "Do you have access to Hong Kong stock margin financing?"

Lu Chenzhou shook his head: "I was just about to ask you, you mentioned in the group chat before that you have a Hong Kong stock account?"

Xia Yaozong laughed: "Even if you hadn't asked, I was planning to tell you this anyway."

He took out his phone, found a contact, and handed it to Lu Chenzhou:

"Your margin trading company is outrageous. With 10x leverage, they only charge 20 cents per month, which is nearly 800% per year."

I know a margin trading platform that offers 1x leverage with a monthly interest rate of 5%, and funds up to 1000 million can be deposited immediately.

Lu Chenzhou's eyes lit up: "Thank you very much, but I need to use it tomorrow, is that alright?"

Xia Yaozong waved his hand: "It's alright, I have some money in my HSBC bank card, it should be enough for you."

Lu Chenzhou was taken aback: "How much money do you have on your card?"

"150 million Hong Kong dollars." Xia Yaozong said this in a casual tone, as if he were saying, "I have a hundred dollars in my pocket."

Lu Chenzhou was silent for two seconds, then nodded: "Okay, use it tomorrow, interest will be calculated at market rate."

"We'll talk about the interest later." Xia Yaozong waved his hand. "Go to Teacher Zhou's place first, don't keep him waiting."

Lu Chenzhou turned around and took a few steps, then looked back at Xia Yaozong, silently remembering this favor.

After Lu Chenzhou left, only Yang Cheng, Xia Yaozong, and Zhang Yixing remained in dormitory 302.

Yang Cheng sat at his desk, twirling a pen in his hand, his expression somewhat solemn.

"Yaozong," he spoke, his voice calm, "Hong Kong stocks have no daily price limits, making them riskier. HK$150 million is no small sum; you must be careful."

Xia Yaozong nodded: "I know. But I trust Shen Zhou's judgment."

Yang Cheng was silent for a few seconds, then said, "It's not that I don't believe him, it's that we need to be prepared."

What if the market doesn't perform as expected? Do we have a Plan B?

Xia Yaozong thought for a moment and said, "My bottom line is that if the loss exceeds 30%, I will force liquidation."

Yang Cheng shook his head: "30%? With ten times leverage, a 3% drawdown would wipe out your entire account."

Xia Yaozong paused for a moment, then laughed: "You're right, I miscalculated. With 10x leverage, a 1% drawdown means a 10% loss of principal. If the loss exceeds 10%, the position will be forcibly liquidated."

Yang Cheng nodded: "That's more like it. But the problem is, Hong Kong stocks are highly volatile. A gap down at the open could directly break through the stop-loss line. Have you considered that possibility?"

Xia Yaozong remained silent for a long time before saying, "I've thought about it."

But I think that since Shen Zhou dared to leverage tenfold in Hong Kong stocks, he must have chosen targets with relatively low volatility; he wouldn't gamble with our money.

Yang Cheng didn't speak again, but his brows remained furrowed.

Zhang Yixing, who was listening nearby, suddenly interjected, "Brother Lu needs money tomorrow, and I'd like to invest some too, but I don't have any money on me."

Moreover, we can't transfer the money from our A-share accounts right now!

Yang Cheng also realized: "That's right, if you sell A-shares on the same day, the money will only be transferred to your bank card the next day."

"When the market opens tomorrow, all our money will be in our A-share accounts, and we won't be able to touch it at all."

The two of them looked at Xia Yaozong at the same time.