Returning to his senior year of high school, he went all in and made billions by buying at the botto

8:30 p.m.

Primordial Capital, upstairs in Primordial Conference Room 2.

This floor is completely different from the ordinary office area downstairs.

A separate access control system was set up at the entrance, and there were dedicated personnel on duty outside the conference room. All computers and communication equipment were under isolated management.

The large screen on the wall was lit up.

On one end, there is a dedicated conference line connection from several institutions in Kyoto.

Lu Zhilan sat in the main seat, with people from the central bank system behind her.

The heads of other funding platforms also joined one after another.

The atmosphere was serious.

Chen Mo sat at the conference table, with today's execution report in front of him.

Zhao Qiang sat behind him, even his breathing became softer.

Lu Zhilan spoke first.

"Chen Mo, today Taichu No. 2 has completed the first phase of adjustment according to your strategy."

"Equity positions have been significantly reduced, while cash and cash-like assets have increased to over 70%."

"Several independent accounts have also established light hedging positions."

She looked at the screen.

"Now everyone wants to hear you explain yourself why we retreated completely from this position."

The meeting room fell silent.

Chen Mo did not speak immediately.

He reached out and opened the documents.

The first page is a chart of the Shanghai Composite Index.

The red curve rises steeply upwards, like a red-hot knife.

"Let's start with the policy side."

Chen Mo's voice was steady.

"Off-exchange margin trading has expanded too rapidly in the past few months."

"Unapproved margin trading, umbrella trusts, structured products, and private financing platforms have pushed leverage to a very dangerous level."

"This kind of leverage amplifies profits when prices rise and amplifies panic selling when prices fall."

As he spoke, he turned to the second page.

"From a regulatory perspective, the attitude towards off-exchange margin trading has begun to shift."

"It's only a matter of time before it's stopped, cleaned up, and standardized."

"The market will pretend not to see it until the policy is officially implemented."

"But once it's implemented, the first to die won't be the stocks with poor fundamentals, but the stocks with the highest leverage, the worst liquidity, and the largest price increases."

Someone from Huijin asked, "Do you predict the cleanup will begin soon?"

"It has already begun."

Chen Mo said.

"It's just that ordinary investors haven't really felt it yet."

Several people in the conference room exchanged subtle glances.

Chen Mo continued turning the page.

"Let's talk about technical indicators. At the index level, the Shanghai Composite Index reached a high of 5,178 points today, which is quite spectacular. Although the trading volume remained at a record high of 2 trillion yuan, the internal upward structure has deteriorated significantly."

"Currently, financial stocks are holding up the index, while over 70% of thematic stocks have experienced significant divergence. The ChiNext index is fluctuating wildly at high levels, and several so-called leading technology stocks have seen net capital outflows exceeding 10 billion yuan for five consecutive days. Margin trading balances are still rising, but the quality of funds in newly opened accounts has deteriorated to an extremely low level."

He looked up at the screen.

"What does this mean?"

"This means the market is no longer experiencing a healthy rise, but is being pushed up by the last batch of leveraged funds."

The social security official asked in a deep voice, "What if the market continues to rise?"

"It will go up."

Chen Mo answered quickly.

"It's even possible to rinse it again."

Many people in the conference room looked at him.

Chen Mo calmly said, "But Primordial No. 2 isn't here to eat the last bite of meat."

"The funds of Primordial II should not compete for the top returns at the end of the bubble."

"Earning one more point now might require ten points to recover later."

After those words were spoken, the meeting room fell silent for a few seconds.

Lu Zhilan nodded silently.

Chen Mo continued, "Don't forget that the first phase of the Primordial Beginning II's mission is to defend internally, not to chase rising prices."

"It ensures that if a market crash occurs, we still have cash on hand, the right timing, and the opportunity to act."

"If we go all in now, we'll be locked in when liquidity dries up."

Someone from SDIC asked, "So, when do you think the opportunity will arise?"

Chen Mo held up three fingers.

"Off-exchange margin trading has begun to be cleaned up in a concentrated manner."

"Margin trading and stock index futures have shown significant negative feedback."

"High-quality core assets were wrongly sold off due to liquidity issues."

"When these three things happen simultaneously, then Primordial II will make its move."

He paused.

"What we bought back then wasn't a rebound, but rather chips for the next few years."

Lu Zhilan looked at Chen Mo.

"So what's your conclusion?"

Chen Mo closed the documents.

"Complete retreat. Retain a small strategic core position and cease all chasing-the-rise trading."

"At the same time, prepare a list of core assets to support the market."

"Financial heavyweights, military industry, high-end manufacturing, semiconductors, and new energy materials are all pre-screened."

"Do nothing before the market falls. Once it falls, don't hesitate."

A brief silence fell over the meeting room.

No one spoke immediately.

This was not an easy decision.

Everyone outside is shouting that the market will reach 10,000 points.

But Taichu II is now making a complete retreat.

If the market continues to rise, they will face significant pressure.

But if Chen Mo's judgment is correct, today's decision will determine whether Taichu No. 2 can truly become the hand that suppresses market panic.

A long silence followed on one end of the screen.

This is a high-stakes gamble, betting on the vision of this young man, not even twenty years old, that can outshine the trillions of yuan of frenzied capital in China.

Lu Zhilan looked at Chen Mo's calm face, took a deep breath, and looked at the screen: "Let's give our final opinion based on all sides' opinions."

The social security department was the first to speak up.

"We support the principle of prudence."

The middle-aged man from Huijin was silent for a moment before saying, "Agree to retreat, prepare a safety net list."

The SDIC representative nodded.

"agree."

Several policy-based funding platforms have successively expressed their views.

Finally, Lu Zhilan put down her pen.

"Then it's settled."

"Primordial II has entered a full defense phase, and each independent account is operating according to the established rules."

"Any further active purchases will require confirmation at a new meeting."

She looked at Chen Mo.

"The list of core assets to be used as a safety net should be submitted within three days."

Chen Mo nodded.

"Can."

After the meeting ended, the screens gradually went dark.

Zhao Qiang finally breathed a sigh of relief.

He was on edge the whole time.

None of those people are ordinary figures in the financial world.

But Chen Mo sat there, his tone never faltering from beginning to end.

Lu Zhilan did not hang up immediately.

She left the call alone.

"Chen Mo."

"President Lu."

Chen Mo looked up.

Lu Zhilan looked at him: "How confident are you really?"

Chen Mo remained silent for a moment.

"It's not a matter of percentage."

"With the leverage piled up to this point, it's only a matter of time before it's cleared out."

"The market is still seemingly hot right now because most people only see the index."

"But the crack is already underneath."

Lu Zhilan did not ask any further questions.

After a while, she said, "I trust your judgment."

Chen Mo nodded.

The call has ended completely.

In the conference room, only the neon lights of the city shining through the window remained.

……

The next morning.

The liquidation report for Primordial One has been officially released.

The news first caused a stir among customers.

Six months.

Cumulative return: 185%.

Net worth: 2.85.

This profit would be enough to make someone a legend at any time.

What's even more shocking is that on the day the Shanghai Composite Index reached 5178 points, Taichu No. 1 voluntarily liquidated its entire portfolio.

Several high-net-worth clients couldn't sit still on the spot and immediately called Mr. Xu of Zexi.

"Mr. Xu, what exactly does Taichu mean? Why is Mr. Chen withdrawing at this time?"

"The current bull market has clearly only just reached its peak. With a trading volume of two trillion yuan, it looks like it could rise another thousand points, right?"

"Could we talk to Mr. Chen about not clearing the liquidation? Profit sharing is negotiable; we're willing to extend the lock-up period indefinitely!"

Listening to the almost irrational questions on the phone, even the usually shrewd and diplomatic General Manager Xu was stunned into silence.

He had witnessed countless storms and knew all too well how terrifying Chen Mo's insight into the market was.

But when he actually watched as the Primordial One abruptly withdrew from the scene amidst the jubilation of the masses, even a seasoned veteran like him couldn't help but feel a little empty inside.

However, the net asset value curve of Taichu No. 1, which can be described as a work of art, is right there. In the face of absolute exorbitant profits, no one has the right to criticize Chen Mo's decision.

At the same time, a tsunami-like shockwave swept through the entire domestic private equity sector and among senior executives of securities firms.

"Primordial One was liquidated today? Has this news been confirmed?"

"Achieving nearly three times the profit in half a year? Where the hell did this monster come from?!"

"The most outrageous thing is that he actually sold off all his shares at 5178 points. If the market continues to rise in a few days, Taichu Capital will probably become a laughing stock on the internet."

"...But what if it falls later?"

The speaker suddenly fell silent.

If it falls later.

That means Primordial Capital's success wasn't simply due to profiting from a bull market.

Instead, they leave precisely at the peak of the heat.

This is the truly terrifying place.

That noon, the phone at the front desk of Taichu Capital was almost bombarded with calls from various investors.

Countless billionaires flocked to the door, eager to subscribe to the next phase of the product.

Some people used every connection they had to schedule a meeting with Chen Mo, even going so far as to frantically send messages through various clandestine channels such as Zexi, Jiuding, and CITIC Trust, directly revealing their hand: "As long as Taichu No. 2 is willing to open a channel, the amount of funding and management fees are up to Mr. Chen, and the funds will be allocated within ten minutes!"

But these bandwagon investors, blinded by fervor, had no idea that the Primordial II was not a vehicle for ordinary mortals to board from the very beginning.

....

in the afternoon.

From the 50th floor of the Kyoto Tower, one can enjoy a panoramic view of the bustling Kyoto metropolitan area.

This floor is not open to the public, and the elevator requires a special executive access card to activate. The thick carpet swallows up all noise, making it extremely quiet.

Mr. Xu of Zexi and Mr. Wang of Jiuding stepped off the elevator almost one after the other.

Upon looking up, one could see a core senior executive from CITIC waiting quietly at the conference room door.

The man was around fifty years old, wearing a dark suit, with a calm expression and an extraordinary demeanor.

When they saw Chen Mo strolling over from the other side of the corridor, the CITIC executives showed no airs and instead took a big step forward with smiles on their faces.

"Mr. Chen."

Chen Mo reached out and shook hands with him, saying, "I'm so grateful to have Mr. Fang come downstairs to greet me personally. You're too kind."

"Of course."

Mr. Fang smiled broadly: "The actions of Taichu No. 1 today have made it impossible for any of the old guys in the financial industry to get a good night's sleep tonight."

Standing to the side, Mr. Xu watched this scene and couldn't help but sigh in admiration.

He still vividly remembers the first time he met Chen Mo, when he thought the young man was arrogant and ignorant of his own limitations.

But in the blink of an eye, this boy, who still had a touch of student-like innocence, had become a guest of honor whom the entire top financial circle of Kyoto had to bow down to.

Chairman Wang of Jiuding also stared at Chen Mo with a particularly complicated expression.

Looking at that young yet overly composed face, he couldn't help but think of himself at eighteen.

Back then, he was hailed as a genius for his top medal in the National Mathematical Olympiad and enjoyed immense fame.

Compared to Chen Mo, who can manipulate the capital market at will, his own so-called glory back then seems as naive as a joke.

As the group exchanged pleasantries, President Fang took two black lacquered nanmu boxes from his secretary behind him and handed them over with both hands.

"Mr. Chen, this is our small token of appreciation for our first formal meeting."

"Lifetime VIP membership cards to the Kyoto Club and the Chang'an Club." President Fang lowered his voice, his tone playful: "In the future, when President Chen has some private meetings or high-profile occasions in Kyoto that are inconvenient to be discussed with the public, these two places will be more hygienic."

Chen Mo glanced at the two boxes, and without refusing, accepted them as a matter of course.

"Thank you for your trouble, Mr. Fang."

These two boxes contain more than just two cards; they represent the most core and top-tier entry tickets to the Beijing entertainment circle.

Mr. Xu jokingly remarked from the side, "Mr. Chen, I spent years in the market, my hair turned gray, before I could even get one of these two license plates. And you, on the other hand, have people lining up to deliver them to your door."

As they were talking, the meeting room door opened.

Several people were already seated inside.

Without exception, they were all the earliest and most core original major customers of Taichu No. 1.

The moment Chen Mo stepped into the conference room, all the capital tycoons, who were so powerful and influential outside that their words could shake the industry, stood up in unison.

Countless fervent and inquisitive gazes instantly focused on Chen Mo alone.

Their trip to Kyoto today wasn't just to express their gratitude to the young legend who helped them make a fortune.

What they really want to know is when the tickets for the next festivities will begin.