Chapter 87: Treat the Leader with Respect
Chapter 87: Treat the Leader with Respect
It is worth noting that when Xu Jingren rejected Sequoia Capital's investment proposal, the institution's investment manager was taken aback. It is rare for a startup to turn down Sequoia Capital during its early stages, as most entrepreneurs eagerly seek their backing. However, this rejection only heightened Sequoia's interest in Quantum Beat, leading them to assign a team to continue tracking the company's progress.
Meanwhile, in the A-share market, a significant development took place in the evening. Innovation Real Estate, the short-term target identified by Fang Hong, issued a clarification announcement:
> "The company is unable to verify the specific location of the Disneyland project at this time. As a result, we cannot determine the exact impact of the Disneyland project on our business operations."
This announcement triggered an immediate response from retail investors who had been closely following Fang Hong's Weibo updates. Many rushed to his profile, leaving comments and private messages, seeking guidance on the next move.
Market Speculation and Investor Sentiment
At home, Fang Hong sat on the living room sofa, staring at his laptop screen. He carefully read the clarification announcement before switching to Weibo to check the latest comments. He came across one comment and promptly replied:
> "Treat the leader with respect, and you will be rewarded generously. The real estate sector remains strong in the short term. The key to a solid short-term strategy is to stick to your position, ride the wave of strong stocks to the end, and only then consider switching targets. Precision is essential. Many investors dare to chase the first breakout, but few profit. The higher a stock climbs, the fewer people dare to buy in, yet the more expert capital flows into it. This is a difficult principle to articulate fully."
His response quickly gained traction, attracting numerous replies from his followers. His Weibo account, K3478, had now amassed over 400,000 followers. With such influence, any market insights he shared during the trading day could impact the movements of small-cap stocks.
Weibo Comments & Market Sentiment
The comments section buzzed with reactions from his followers:
"God K, you're still awake?"
"Good evening, Grandmaster!"
"God K, still analyzing the market this late? Tomorrow is the weekend!"
"Chuangxing Resources, which I bought on Wednesday, has now entered its second board. My profits so far are only 1.5x my position. If I had known, I would have gone all in!"
"Haha, I bought Jinshan Development, which just hit its second board. My seventh-tier holdings have yielded over 30% profit! Thank you, Master!"
"Damn! Seven-tier holdings? That's some serious guts! You must have made a killing."
"Sigh… I kept watching, afraid to enter the market. The higher the stock price climbed, the more hesitant I became."
"Same here. Watching the stock soar and fearing to jump in—only to regret it later."
"Next time, I won't hesitate when God K signals the move!"
Fang Hong scanned through the comments but refrained from further interactions. Instead, he switched back to the market software to monitor the core asset targets under Qunxing Capital's portfolio.
Unexpected Losses from a Different Kind of "Stock"
Just then, He Xuan walked into the living room, wearing one of Fang Hong's white shirts. She sat beside him and wrapped her arms around his, pretending to be displeased.
"It's so late already, and you're still glued to the stock market?" she teased.
Glancing at the laptop screen, He Xuan suddenly smirked and looked at Fang Hong playfully.
"Why are you so obsessed with these stocks? I can introduce you to a different kind of stock—one that allows repeated arbitrage through strategic buying and selling."
Fang Hong turned to her, observing her amused expression. She had an air of mischief, exuding an undeniable charm.
After a moment of thought, he nodded and analyzed, "The stock you're referring to has already been speculated upon. Right now, it's a highly volatile new listing with a T+0 trading mechanism. The key strategy is to enter and exit quickly, selling at the peak and buying at the dip."
He Xuan giggled. "Then shouldn't you hurry up and buy the dip?"
Without hesitation, Fang Hong acted decisively. If he was optimistic about an opportunity, he would go all in.
Yet, despite his usual expertise, this particular "stock" proved highly unpredictable. Although he continued to trade at high frequency, buying at the dips and selling at the peaks, his profits did not accumulate as expected. Instead, he found himself facing a staggering loss of hundreds of millions by the end of his session.
After the market closed, Fang Hong glanced at He Xuan beside him and sighed deeply. "It turns out, excessive temptation leads to reckless decisions."
Monday, December 8 – The First Trading Day of the Week
As the new trading week began, Fang Hong closely monitored Jinshan Development. The stock had reached its fifth consecutive board and issued another notice regarding abnormal price fluctuations. Trading was temporarily suspended in the morning and resumed at 10:30 AM.
Currently, Fang Hong held positions in three stocks:
Jinshan Development
Innovation Real Estate
Zhongxin Securities
When the pre-market auction began, Fang Hong immediately liquidated his position in Zhongxin Securities, which opened 1.90% higher. He took advantage of the morning surge and sold all his holdings, securing a 2% profit margin.
Simultaneously, he allocated capital into two banking stocks:
Pufa Bank
Zhaoshang Bank
These stocks, while not as actively traded as Zhongxin Securities, ranked among the top three in daily trading volume, regularly exceeding 2 billion yuan.
Fang Hong understood that Zhongxin Securities had reached its short-term target price and that institutional funds were now flowing into the banking sector. As a result, he strategically shifted his capital. By mid-morning, both banks had risen over 8%.
At 10:30 AM, Jinshan Development resumed trading, surging nearly 10%, nearing the daily limit. Fang Hong had initially entered the stock on its first board, investing 4.5 million yuan. As the price soared, he began offloading his position in smaller batches to prevent market disruption.
By the afternoon session, Fang Hong had completely exited his positions in:
Jinshan Development
Innovation Real Estate
Zhongxin Securities
In return, he had reallocated his funds into Pufa Bank and Zhaoshang Bank, both of which were showing strong momentum.
End-of-Day Market Performance
By market close, the results were as follows:
Zhaoshang Bank: +8.27% | Share Price: 14.14 yuan | Turnover: 2.28 billion yuan
Pufa Bank: +8.84% | Share Price: 14.77 yuan | Turnover: 2.25 billion yuan
Fang Hong's securities account balance soared to 49.1953 million yuan, nearing the 50 million mark. Today alone, his trades had netted him an absolute profit of 4.18 million yuan.
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(Author's Note: Updates are scheduled.Each chapter contains approximately 2,500–3,000 words. If you enjoy this story, consider voting with monthly tickets. Thank you for your support!)