One side consisted of shills hired by speculative capital. The other side, well, to be more precise, might actually be the listed company itself.
Do speculative funds, institutions, and private equity firms have their own online shills? At this point, there's no doubt. They do, and plenty of them.
Even the stock market experts on TV programs take money to cover for market manipulators—how could the internet possibly be clean?
Later on, there were quite a few cases where licenses were revoked, or fines and prison sentences were imposed for such things. This behavior was most rampant around the 2015 bull market. This was also why financial articles couldn't be written, or if they were, they'd be deprioritized and strictly reviewed.
Therefore, Han Lie could understand the existence of these shills.
What was really strange was that the details revealed by another wave of "insiders" didn't seem like something outsiders could know; it was very likely a case of "leaking" by the listed company itself. Whether it was a genuine leak or a deliberate one was unknown for the time being.
Those who want to trade stocks should never assume that all listed companies are pure as the driven snow.
Take Shuang'an, for instance. It had already hit its daily limit up for three consecutive days *before* its trading suspension was even announced. Where did outsiders get this information? Obviously, insider trading was involved.
For this kind of behavior, if no profit was made, they'd just get hit with the maximum fine and that would be the end of it, like that father and son from Shanghai. They were lucky. If they had made a profit of five million, they would have been in deep trouble, and who knows what other troubles might have been unearthed along with them.
If the profit was substantial, well, then they were really in for it. Their illegal profits would be confiscated, hefty fines imposed, and then they could "blissfully" join Fan Fan for a few years of prison food.
Thinking about the punishment, Han Lie immediately thought of the 'Boss of Bosses' and became excited.
For any reborn person unfamiliar with stock trading, the 'Boss of Bosses' was a benchmark of wealth.
Between 2010 and his arrest in 2015, he manipulated 193 securities accounts and colluded with at least 14 listed companies to manipulate the market, illegally profiting by more than 9 billion. In 2016, this stock trading legend was sentenced to five and a half years in prison, with all of his illegal earnings of 9.3 billion confiscated, plus a fine of 11 billion. At that time, his total assets, including trust cash and properties gifted to his parents, were roughly 21 billion.
After everything was frozen, his wife had to borrow money to get by. Having money but not being able to spend it—that's a terrible feeling.
Thus, his wife eventually filed for divorce and requested a division of their legally acquired property. In the end, the court granted the divorce petition but did not allow the division of property. Until the fines and other ancillary penalties were fully executed, there was nothing to divide.
But by the time the 'Boss of Bosses' was released from prison, the assets under his actual control, such as companies and marketable securities, had shrunk by about half. In other words, he could no longer afford the fines.
Good grief! A top tycoon with assets of 20 billion instantly turned into a bankrupt pauper and a judgment debtor with restricted freedom. Life is so unpredictable, full of absurd twists and turns...
This was a major event in the country's securities history, and Han Lie remembered it very clearly. It served as a profound warning to him. The nation's iron fist never shows mercy when it comes down on law-breaking capitalists.
You can earn money legally in the stock market, sure. But don't play dirty. Otherwise, no matter how many years pass, they'll eventually settle the score. That's why Han Lie never entertained any crooked ideas about skirting the law.
Isn't being a kept man sweet?
Safe and reliable.
However, this didn't mean Han Lie couldn't seize the opportunities that arose from such situations.
Wei Hua Shares represented such an opportunity.
The 'Boss of Bosses' was that wealth benchmark.
Known:
1. The 'Boss of Bosses' was sentenced for repeatedly colluding with listed companies to manipulate the market.
2. The 'Boss of Bosses' appeared on the list of top active traders for Wei Hua Shares.
3. Wei Hua Shares had forcibly latched onto the popular "high bonus issue" concept. The 'Boss of Bosses's' usual tactic was to fabricate rumors about high bonus issues to hype up the stock, coordinating with the actual controllers of the listed company to help them cash out at high prices.
4. Someone was leaking information on the forums.
Conclusion:
Certain people are planning to make a move on Wei Hua!
Han Lie couldn't remember if Wei Hua was on that list of sanctions, but it was no longer necessary; the current evidence was sufficient.
So what was he waiting for?
Time to go all in!
As soon as the market opened, Wei Hua Shares fluctuated and trended downwards. This made no sense. Given Wei Hua's accumulated popularity and its sound Health price level, anything less than a 5% higher open would be a failure. It was apparent that someone was forcibly suppressing the price during the call auction.
Without a second thought, Han Lie slowly built up his position at the -3% price level with his remaining 6 million, Pan Ge's over one million, and his own over 400,000. This was the first time Han Lie had gone all-in since re-entering the stock market.
Just looking at the trading screen, it seemed very risky, but the outcome had already been determined off the floor.
He calmly waited until 10:30 AM. Wei Hua, which had already fluctuated to 3% in positive territory, suddenly surged. Within a brief minute and a half, it powerfully hit the daily limit up.
Watching the buy orders at the limit-up price quickly stack up to over a hundred thousand lots, Han Lie smiled with ease. This time, he had thoroughly seized the opportunity.
50%?!
No, probably more than that.
Be bolder, aim higher!
He'd made a name for himself overnight yesterday, and today he'd struck it rich. After grinding and patiently enduring for over two months, he was finally reaping the best reward.
Han Lie happily took out his phone, ready to find someone to celebrate with.
Wang Tianqing?
"Darling, I lay in the dorm all day yesterday, and now my walk is all splayed out..."
Well, the fledgling wasn't fully feathered yet. Flapping those little wings too much really took a toll. Nothing to be done about it.
Han Lie hung up the phone, pondered for a while, then suddenly had an idea.
Huh? Perhaps... it's time to finally deal with Big Naiyun?!
*****
Thank you, everyone, I will persevere.
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