Chapter 46: All Roommates Wipe Out-Tornando-se um Capitalista a Partir de uma Posição Totalmente Alocada em Ações A-shares(Assassino Picante)

At noon, the sun blazed fiercely.

Although it was only April, the temperature in Shanghai could already be described as scorching, and some dormitories even needed to run air conditioning at night.

Since carrying a laptop while getting lunch was inconvenient, Zhang Yang simply left his laptop in the Finance Analysis Room. After all, there were surveillance cameras and a log-in system, and no student would be foolish enough to go to the library to steal valuable items.

Just after queuing up for his meal, Zhang Yang glanced across the dining hall and happened to spot his three roommates.

He walked over with his food tray, sat down, and greeted them, "Chuanzi, Liuzi, how were your returns this morning?"

"Alas, don't even ask, Boss." Chen Chuan glanced at Zhang Yang and sighed, "I went chasing after the highs and got heavily trapped. My chances of making the top ten in our major are gone."

"Same as him."

"Me too."

The three roommates had shared an identically tragic experience, which piqued Zhang Yang's curiosity. "Why did all of you go chasing after the highs?"

"There are only a few trading days left, so I thought I'd gamble on an asset reorganization. I just didn't expect the hot money capital to smash the market down so fiercely; in the blink of an eye, it was pinned straight to the limit-down floor," Xu Jiafeng sighed.

"Chasing highs leaves you broke for three generations, buying the dips makes you rich and handsome. How I hate Minmindong!"

Just as Chen Chuan finished venting, a thought struck him, and he asked, "Who was it that recommended Minmindong in the first place?"

"Not me, don't look at me."

While denying it, Xu Jiafeng cast a sideways glance at Wang Liu.

Noticing three pairs of eyes locked onto him, Wang Liu looked a bit awkward and explained, "I heard that group of hot money speculators from the Ningbo gang had moved in and were going to make it the stock king of April 2009. Who would've thought we'd hit the floor?"

"Pfft—"

Zhang Yang couldn't help laughing out loud. "You actually believed the words of hot money speculators? You're far too naive."

Why could hot money make money in the A-share market?

To be precise, why could both institutional investors and hot money make money in the A-share market?

The reason was that they were wolves, while tens of thousands of retail investors were sheep!

Anyone who had ever worked in a financial institution or hung out in internal hot money investor groups knew that 24 hours a day, they thought about only one thing: how to trap retail investors and slaughter them.

"Sigh!"

The three of them sighed in turn.

Prompted by his roommates, Zhang Yang also had some impression of the stock Minmindong.

If he remembered correctly, Minmindong's predecessor was Mindong Electric Machinery Co., Ltd., which was listed on the Shenzhen Stock Exchange in November 1993 with the stock abbreviation "Minmindong."

From 2001 to 2006, due to financial issues, it was repeatedly subjected to delisting risk warnings and slapped with the ST (Special Treatment) label.

However, starting from 2006, rumors had constantly circulated that the company was going to undergo share reform, and the market speculated around its removal of the ST label and share reform, until it officially announced the suspension of trading on December 22 of that same year.

A little over two years flashed by, and Minmindong finally resumed trading on February 4, 2009. The market gave it a 5% limit-up price, followed by 11 consecutive limit-up boards, making it a frequent visitor to the dragon and tiger billboard in February.

However, on February 19, it once again announced the suspension of trading to carry out a split-share structure reform to ensure the interests of both circulating and non-circulating shares.

It could be said that the stock Minmindong had always attracted the attention of market funds.

Zhang Yang would never target such high-risk stocks when trading limit-up boards because one never knew how much hidden capital was lurking inside, especially after it had experienced over two years of suspension followed by a second suspension.

"How about your account, Boss? How is it doing?" Chen Chuan asked.

"I haven't really touched it. It's still sitting in the banking sector," Zhang Yang replied, popping a mouthful of rice into his mouth.

"Still working on those research reports?"

Wang Liu, sitting beside him, also asked.

Zhang Yang: "Yeah, got to make money, after all."

"Such incredible perseverance."

Xu Jiafeng couldn't help praising him.

They lacked Zhang Yang's talent and strength; otherwise, who wouldn't want to accumulate their first pot of gold while still on campus?

The confidence in an adult man's voice always depended on the thickness of his wallet. As long as there was money in his pocket, he would never feel stage fright no matter what he did.

And what if he had no money?

Even speaking required careful hesitation.

...

After finishing lunch with his roommates, Zhang Yang didn't return to the dormitory; instead, he headed straight back to the library.

Taking a nap in the library was actually no different from napping in the dormitory.

The Finance Analysis Room also had a study area with a long sofa. As long as one didn't mind odd looks, lying down to sleep was completely fine.

Before he even reached the sixth floor, Zhang Yang's cell phone vibrated twice.

[Respected customer, your China Construction Bank account ending in 2389 received a transfer of 40,000 CNY (in words: forty thousand yuan only) on April 10, 2009, at 12:34 PM. Available balance: 40,071 CNY. Remarks: Co-created research report income.]

"Forty thousand more."

Looking at the message, Zhang Yang felt a pleasant surge of joy.

Although Tao Yuang's forty thousand yuan had arrived a bit late, it could further increase his account capital. Once it reached a certain scale, he could approach a margin financing company for leveraged trading.

What was leveraged margin financing?

To put it bluntly, it was borrowing money to trade stocks.

Taking 10x leverage as an example, with a principal of 10,000 yuan, the margin company would provide an additional 90,000 yuan, giving you a total of 100,000 yuan to operate with. A 1% rise meant a 1,000 yuan profit, doubling your principal required just a single 10% limit-up board, while a margin call and liquidation required only a single 10% limit-down board. To be precise, if the drop reached 7%, you would be asked to add more margin, and approaching 9% would result in a forced liquidation.

Those who played the stock market until they ended up jumping off rooftops were basically leveraged players.

In the capital market, returns and risks coexist, and margin financing companies are not charitable institutions; they wouldn't lend money to investors for free.

However, in the eyes of top-tier traders, leveraged capital was a financial tool to close the gap in principal.

"Zhang Yang."

Just as Zhang Yang was pondering over margin financing, a slightly mature, professional-sounding female voice called out to him from behind.

Zhang Yang turned his head to look. It was He Jing.

She had already changed back into her everyday attire: denim shorts paired with a loose letter-printed short-sleeve shirt, giving off a full college-student vibe.

"Why are you here?"

Zhang Yang asked.

He Jing didn't beat around the bush and said, "I've compiled a macroeconomic research report. Take a look and see if there's anywhere that needs minor adjustments."

"Let's go upstairs and talk about it."

The two of them arrived at the Finance Analysis Room, and He Jing had also brought her laptop.

After plugging in the network cable, Zhang Yang opened the Tableau visual business intelligence software on her computer to check the quality.

After about three minutes, Zhang Yang withdrew his gaze and looked at He Jing, who was wearing an expectant expression beside him. "Unless you are a once-in-a-generation market research genius, this market research report took at least some time to produce."

"A week."

He Jing didn't hide it either.

They had only discussed it last night, and even the greatest genius couldn't produce a market research report in a single day—not even if Warren Buffett himself came.

The reason she thought of producing a market research report was to enhance her own competitiveness. After all, between a fund manager who could produce market research reports and one who couldn't, the former undoubtedly had a greater chance of promotion.

Since Zhang Yang happened to invite her for a part-time gig last night, He Jing simply handed over this macroeconomic market research report, which had taken her a week to complete, to ask for his opinion.

"That makes sense then." Zhang Yang smiled calmly and praised, "The quality is a 95, I'd say. It has all the necessary information, and the visual processing is also excellent, except that it lacks trend forecasting."

"So, is it usable?"

"Usable."

Upon hearing that it was usable, He Jing held out her fair palm and gestured, "Pay up."

"Don't rush. Didn't we agree on four research reports a month? Hand in the rest of the drafts first." Zhang Yang wanted to stall the report production fee, after all, he still needed that money to go all-in on the A-share market.

"I have to finish four before I get paid? You, as a boss, are far too black-hearted!"

He Jing couldn't help complaining.

No longer having the mindset of a youth, Zhang Yang shamelessly said, "In the early stages of a startup, please understand. Besides, I treated you to dinner last night at a high-end restaurant like the Peace Hotel. That's worth at least a few thousand yuan, so be accommodating."

"Crap! Someone else paid for that!"

"Just tell me whether you ate any of it or not."

"I ate."

"Well, there you go."