Chapter 77: A Net Profit of 3.5 Million in the First Month!

Du Hong, Rongjin Precious Metals.

Zhang Long intended to leave, and Lin Yuan and the others didn’t insist on keeping him. Before he went, though, Du Hong handed him a business card from her company, telling him to get in touch if he ever needed anything.

Zhang Long accepted it with a smile and took his leave. Back home at the Bund, the night passed without incident. Monday, November 26th, dawned.

…

“As expected—fantastic!”

Before the stock market opened, Zhang Long was already up. Because he still held stocks in his Jun Cai account, just as he’d guessed, he didn’t have to wait for the platform’s stock recommendation report; he could see the future ahead of time.

He’d tried before to buy a few random lots of other stocks, but there’d been no reaction, so he gave up on trying to game the system.

Otherwise, why wait for the platform’s recommendation report at all? If he could just buy a share of any stock he liked and then foresee its future, then his golden finger would be truly limitless—how wonderful that would be.

But that was wishful thinking. For now, it seemed that only stocks recommended by the platform could be foreseen over the weekend.

Still, that was fine. As long as he wasn’t unlucky enough for every platform’s picks to flop, it didn’t matter.

Being able to foresee the trajectory of the week’s recommended stocks for the next five days right from the start—if there were no restrictions on stock selection, that would be too much. It was already easy money.

“Damn, missed out, missed out.”

His thoughts turned back to the stock screen. Looking at the predicted trend of Tohai Energy, Zhang Long rubbed his face.

When the market officially opened in a bit, Tohai Energy would hit the daily upper limit again. On Tuesday and Wednesday, the stock would continue to surge in the same fashion, and on Thursday and Friday, the last two days, it would oscillate with no significant change, maintaining a price around two yuan.

Six consecutive daily limits—terrifying.

Although it was a bit of a pity that he’d sold half his holdings last Friday, just in case the trend reversed, it was the cautious thing to do when weekend foresight wasn’t possible.

Greed is the greatest enemy in financial markets. Even if you make a profit ten or a hundred times, one moment of greed can ruin you.

There are still opportunities to escape when the price keeps hitting the upper limit, but if it’s falling limit after limit, it’s almost impossible to get out.

No one’s willing to buy below, so you can’t sell.

…

“Target achieved—fantastic!”

Zhang Long kept calculating his profits. With 1.5 million shares of Tohai Energy, after three consecutive daily surges this week, the gain would be around 500,000 yuan—target achieved.

Last week, he had 3 million in holdings and made 1 million in profit by Friday. Add another 500,000, and that made the goal for the second half of the month—another 1.5 million on top of the 1.5 million from the first half: 3 million!

One month of trading, and he had doubled his principal.

“Ah, that’s clarity.”

Zhang Long let out a deep breath and stretched luxuriously. Earning 3 million in his first month—how much could he make next month? Five million, or even more?

Just thinking about it filled him with anticipation and excitement.

“Hm? What the—”

Just then, the stock recommendation reports from HSBC, UBS, and Jun Cai arrived. He searched the forecasts and—my god—even heaven was offering him another chance to profit and rise to a higher level.

…

As for the Jun Cai account, he’d close out his Tohai Energy positions on Thursday or Friday, locking in profits and bringing his funds to 2.5 million.

The 2 million he withdrew last Friday—he’d soon deposit back into his HSBC and UBS accounts, because, based on today’s recommendations, there were actually two good stocks.

At the moment, both HSBC and UBS accounts held around 700,000 each—he’d intentionally taken some losses last week.

With an additional million each, he’d have 1.7 million per account.

Though neither platform’s recommended stock was a wild, skyrocketing monster this week, there was still growth—a stock on each platform was set to rise nearly 20%. That was good enough.

Not a fortune, but not trivial either. A 20% gain on 1.7 million would be around 350,000 yuan—adding up to 700,000 across both accounts.

Both accounts could reach 2.05 million!

But there was no need to sell at the absolute peak. He’d already made enough this month; once each account reached around 2 million, he’d withdraw and exit.

That was enough. Whether there were even wilder stocks ahead didn’t matter anymore; he’d already made a handsome net profit his first month.

Three accounts, a total net gain of 3.5 million!

Started the month with 3 million, and by month’s end, it had reached 6.5 million—more than doubling, nearly 1.2 times over. Perfect!

“Baby, let’s go!”

Zhang Long clicked his tongue in satisfaction and got to work.

…

“No, don’t answer.”

At Jun Cai’s trading department, the manager watched as Zhang Long hung up the phone again and shook his head. The 2 million in funds had already been withdrawn and probably wouldn’t be coming back.

Tohai Energy hit the upper limit at the open. He’d definitely wait for the surge to end before making any further moves.

1.5 million in principal, 500,000 in profit.

Though 2 million had been cashed out, there was still 1.5 million in the account, with another 650,000 in profit. So why leave 1 million idle, just sitting there as dead weight?

Anyone with a bit of sense could tell that Tohai Energy would keep rising. A drop was impossible—or at least highly unlikely in the next few days.

“Oh my, love you!”

At HSBC Financial, Qin Miaotong was overjoyed after a client call—Zhang Long had just deposited another million into his account and used almost all his funds, apart from a small sum, to buy today’s recommended stock. What a blessing.

It was almost certain: if there was profit, Zhang Long would exit; even if there was only a small loss, he’d likely cash out before the market closed on Friday.

With 1.7 million moving in and out, that was nearly a thousand yuan in commissions—even if her cut was less than two hundred.

But even a mosquito is meat, after all.

“Brother Long, keep trading!”

At UBS, Gu Su was much more greedy than Qin Miaotong. One round of trading wasn’t enough—at least two or three would be better. But that was just wishful thinking.

Zhang Long’s operations always aimed for the biggest gains with the fewest trades. Multiple rounds? Forget about it—he was never that generous.

…

The only reason he could buy in with 1.7 million now was because he’d taken a loss of several thousand last week, giving him a “failure” in his trading history. Otherwise, the HSBC and UBS accounts would have been frozen for the last few days of the month.

In any case, he’d made plenty over at Jun Cai.

…

“What’s got you in such a good mood?”

Zhang Long had already finished his trading for the week that morning. With nothing else important to do, he decided to bother Liang Xue for a bit of fun.

Liang Xue wasn’t busy—or rather, no one at Shengxin seemed busy these days. The company was in dire straits.

Massive client losses at the start and middle of the month, plus a scandal when angry clients stormed the office, had devastated their reputation. Bringing in new business was nearly impossible.

Whenever a client saw a call from Shengxin, they either hung up immediately or cursed them for being a scam platform.

As for old clients, most had lost faith. New business was out of the question—things were going downhill fast.

Not to mention, the recent wave of layoffs had everyone on edge.

“Miss you, that’s why I’m happy.”

Zhang Long smacked his lips, but Liang Xue wasn’t buying it. She rolled her eyes. “Cut it out. You’re just bored. Why bother me when you could be pestering your girlfriend? What, are you plotting something against me?”

She added a mock fierce expression.

“Ah, you saw right through me.”

Zhang Long joked, but quickly got to the point. “What are the higher-ups at Shengxin doing? The company’s falling apart, and they haven’t taken any action?”

“What’s Old Zhu’s attitude?”

Three questions in a row—but Liang Xue was just a team manager, and one who was leaving at that.

“I don’t know, it’s all a mystery.”

Liang Xue was puzzled as well. “Anyone can see that Chairman You and Director Guan aren’t cut out for management. In less than a month, they’ve wrecked the investment and trading departments. If they don’t put Chairman Zhu back in charge, it’s all over.”

“But nothing’s happening.”

Zhang Long raised his eyebrows, pondering but unable to find a good reason—unless Shengxin really was planning to shut down and just throw in the towel.

Otherwise, surely they’d try to save themselves.

Maybe the board of shareholders was deeply divided—some wanted to close, some didn’t.

Old Zhu must know. Should he ask?

Zhang Long’s eyes lit up.

If Shengxin went bankrupt or closed, their financial license was something to covet. Even if he didn’t have enough money now to buy it, that didn’t stop him from dreaming—what if an opportunity arose?

Given enough time, money would be no object!