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

Li Ming lay in bed, staring at his phone screen.

He invested 10,000 yuan, and with Lu Chenzhou's help, it grew to over a million yuan.

Now Lu Chenzhou wants to liquidate the company and sign new contracts.

He scrolled to Zhang Yixing's chat window, typed a line: "I'll continue to upload, all of them," and then sent it.

Wang Hao was also looking at his phone. He had invested two thousand yuan and now had hundreds of thousands in his account.

He hesitated for a moment, then approached Zhang Yixing: "I'll continue investing too."

Liu Yang, a sophomore from the dorm next door, invested 1000 yuan back then.

He looked at the numbers on his phone, calculated them several times, and then sent a message to Zhang Yixing: "Yixing-ge, I'm reinvesting. But I don't have much principal, can I transfer in the previous profits as well?"

Zhang Yixing didn't reply, but Liu Yang knew he had seen it.

The news reached the dormitory building across the street.

Someone ran to the door of dormitory 302, wanting to ask in person, but the door was closed and there was no sound from inside.

Someone listened through the crack in the door for a while, then turned around and said, "Brother Lu seems to be asleep."

The group looked at each other, unsure of what to say.

Finally, someone asked, "How can he still sleep?" No one answered.

In the hallway, someone was leaning against the wall, holding a mobile phone with a fundraising announcement on the screen.

He looked at it for a long time, then shook his head: "The minimum investment is HK$100 million, I can't afford it."

Someone next to him nudged him: "Just because you can't afford to vote doesn't mean others can't. Guess how much Xia Yaozong voted for? How much Yang Cheng voted for? How much those Renmin University alumni voted for?"

The person who asked the question fell silent.

Some suggested, "You might not be able to afford it alone, but surely a group of us can afford it too?"

"You mean, stitching?"

The group chat was flooded with messages, but Zhang Yixing ignored them and turned to contact the high-net-worth clients at the brokerage firm.

Although it might seem like poaching, it's actually quite exciting.

Xia Yaozong was also on the phone, his voice low but urgent: "Yes, starting Saturday, three days. I'll send you the terms, you can look at them yourself. Okay, I've got it."

Yang Cheng returned from the balcony, sat back on the bed, and glanced at his phone.

Someone sent him a message, he glanced at it for a few seconds, and then, with a headache, continued replying.

The three of them were each busy with their own things.

The moment Zhang Yixing sent the message, the group chat exploded.

But the first to make a move wasn't this group.

It is a group of outstanding alumni of Renmin University.

A profile picture with the ID "Guo Fansheng" lit up and posted: "I've seen this junior's moves before."

Huaxin Taifu's group dared to take action against the Rong family; they have guts.

The terms are reasonable; I'll invest 1000 million.

The group chat was silent for a few seconds.

Someone chimed in, "Even Mr. Guo invested? Then I'll invest a little too."

Dai Zhikang's profile picture lit up: "500 million, not the offset clause, but the person. In 36 days, it went from 1 to 3.1 million. I've been investing for so many years and I've never seen anything like it."

Someone else chimed in, "200 million."

300.

500.

Messages were scrolling through the group chat at breakneck speed.

In another group, someone forwarded the fundraising announcement.

An ID with the nickname "Qiu Guogen" posted: "I've studied this junior's operations. His timing with CITIC Securities was spot-on, and with BYD, he was a day ahead of Buffett. That's real skill. I'll invest 2000 million."

Someone gasped in shock: "Even CEO Qiu has invested?"

Qiu Guogen did not reply.

But the news had already spread.

Renmin University alumni are emerging one after another in private equity, investment banking, hedge funds, and industry.

Some people said, "Guo Fansheng has surrendered."

Some people said, "Dai Zhikang also voted."

Some people say, "Qiu Guogen invested 2000 million."

Some people also mentioned Ren Huaixiu, a professor at the School of Finance and Economics of Renmin University, who became famous in March this year for his performance on ST Salt Lake.

Someone asked, "Will Professor Ren submit his application?"

Ren Huaixiu replied in the group chat: "I'm paying attention."

Just four words; neither saying "vote" nor "don't vote."

But everyone knows that the words "I'm paying attention" coming from Ren Huaixiu's mouth are more effective than ten thousand people saying "I voted."

That's the most successful stock trading professor in China this year. He turned 800 million into 6000 million in the ST Salt Lake case. He's paying attention to Lu Chenzhou, which is an endorsement in itself.

Of course, Lu Chenzhou is clearly a better student than his teacher, after all, growing from 1 to 3.1 million is even more legendary, not to mention he is still a student.

In the brokerage firm's client group, someone forwarded a screenshot of a message from the Renmin University alumni group.

"Look, Guo Fansheng, Dai Zhikang, Qiu Guogen, and others are all investing."

Old Liu: "Then I'll invest too, 500 million."

Old Zheng: "1000 million."

Old Wang: "1500 million. Although Lu Chenzhou's terms are harsh, the fact that he dared to accept such a large sum shows that he has the financial backing to do so."

Mr. Chen also saw the screenshot in the group chat for business owners in Jiangsu and Zhejiang.

He called Xia Yaozong: "Qiu Guogen also voted?"

Xia Yaozong: "Hmm."

After a few seconds of silence, Mr. Chen said, "Then I'll increase it to 2000 million."

The news spread further and further.

Someone called from Hong Kong, saying they heard that Renmin University alumni were investing in a junior's private equity fund as a group, and asked if it was still possible to join in.

Someone emailed me from New York saying they saw the message in the alumni group and wanted to know the specific terms.

Someone even contacted Yang Cheng from London, saying he was a graduate of Renmin University and worked in a hedge fund there, and wanted to invest.

Zhang Yixing, Yang Cheng, and Xia Yaozong's phones kept ringing, and he couldn't keep up with the messages in the group chat.

They looked up at Lu Chenzhou, who had already finished washing up and was lying down, breathing evenly; he was truly asleep.

The three shook their heads and continued replying to messages.

Many people couldn't sleep that night.

At the same time, the online forum exploded.

Someone posted a screenshot of the fundraising announcement on Baidu Tieba with the title:

[Breaking News] Leverage Guru Lu Chenzhou has officially started fundraising, with a management fee of 0.5% and a 50% commission on performance exceeding 100%.

The post received over a thousand replies in less than a minute.

"50%??? Am I seeing things?"

"You read that right, he takes half of what's over 100%."

"Are you crazy? Isn't this robbery?"

"Upstairs, take a good look at the terms. The management fee is only 0.5%. If you don't make 100%, he can only get 20%. This clause means that if he wants to make big money, he must first help you make big money."

"That makes sense, but what if he loses money?"

"It's a good thing he's more anxious than you. With a management fee of only 0.5%, he can't even afford to eat. If he doesn't work hard, will he starve?"

"Don't just talk about the terms; I heard that many people in the Renmin University alumni group are voting."

"Really?"

"It's true, Guo Fansheng invested 1000 million, Dai Zhikang invested 500 million, and Qiu Guogen invested 2000 million. Someone posted a screenshot."

"Holy crap? Qiu Guogen voted too?"

Who is Qiu Guogen?

"The founder of Chongyang Investment, ranked 328th on the 2008 Forbes Rich List, and you don't even know him?"

"What about Ren Huaixiu? The Professor Ren from ST Salt Lake?"

"Should I vote too?"

"Can you afford to invest? The minimum investment is HKD 100 million."

"...I can't afford to invest."

"If you can't afford to invest, just stay on the forum and stop worrying about other things."