Reborn with Consumption System

As soon as Old Qiu stepped out for a meeting, Gao Yijun’s luxurious life began its countdown.

Meanwhile, Han Lie no longer intervened, diligently steering Zhongmei, the big ship.

In the first week of April, the Shanghai index sharply declined.

On Monday, the secondary leading stock, Yingkou Port, undoubtedly opened with limit-down, sealing off the one-word board.

Driven by it, all stocks in the free trade zone, including the main leading stock Beihe Xuanguang, simultaneously hit a significant drop.

The stock forums were filled with wails, the operators were cursed along with their families.

However, market laws have never changed based on individual will.

The massive release of panic selling led Yingkou Port’s stock price to plummet, experiencing a word-down limit on Monday and a major plunge on Tuesday.

Han Lie, Liu Han, Hu Lei, Bao Bin, Gao Fengbo...

All private equity and most retail investors were trapped inside.

The time for cost competition had arrived.

As the top force with the lowest cost already in profit, Han Lie had no intention to sell the remaining shares, watching for two days.

On the third day, when the stock price attempted to rebound, he immediately reversed and dug a big pit.

Driven by this, Yingkou Port experienced a third consecutive limit-down, then a temporary one-day suspension.

On Thursday, Zhongmei received a supervisory inquiry letter from higher authorities.

In terms of severity, the supervisory inquiry letter is the third level of regulatory correspondence, suggesting the regulatory department had realized Zhongmei’s leading role with a rather negative stance.

The content of the letter is as follows—requiring Zhongmei to explain the reasons for operations in Yingkou Port and detail whether there were any violations, insider trading, or collusions with the listed company, etc.

Han Lie reported "truthfully".

Firstly, I have no exchanges or interactions with the listed company.

Secondly, we have not engaged in frequent order placing and canceling, multiple same-day reverse trades, releasing false information, multi-account self-buy and sell, and other illegal activities.

Thirdly, we have not independently or with others conspired to manipulate Yingkou Port’s stock price.

Fourthly, Yingkou Port itself benefited from the favorable policies of the free trade zone, forming a secondary leading stock trend, thus no insider trading took place.

Fifthly...

Then he attached a transaction record and reported it.

The regulatory department’s responsible person called Han Lie for admonishment, without a separate meeting.

This matter was considered settled, and Han Lie passed with ease.

He even tried to arrange dinner with the leader via text message...

The leader refused but was not resolute, showing there was an opening.

The main reason was that Han Lie was trustworthy in handling matters.

Although in 2014, regulation was not particularly strict, Han Lie consistently acted cautiously, leaving no grounds for criticism.

The Securities Commission emphasizes rigor in this area, never acting on unfounded charges.

For instance, post-crash blame assignments were deepened only with solid issues, and among Xu Xiang’s group, those with issues were dealt with, while those without were not expanded.

In pre-2018 regulation, the basic principle was leniency in suspicion—smaller issues could be raised high and lowered gently, whereas bigger issues were reported to the General Bureau.

The opposite was true for local financial management departments... cough cough, let’s not go there.

After regulation tightened, the emerging batch of institutional traders and private equities possessed real skills, and the overall technical level of the market continually developed, with retail investors’ personal qualities improving quickly.

So, despite the later Han Lie being just a minor figure, returning to 2014, he was ahead in all aspects.

This was reflected in this week’s tank operations, smooth and skillful.

Throughout, he barely exerted force, only guiding slightly at key moments, crashing the painstakingly risen Yingkou back to the 5.80 line in just four trading days.

On Friday, Yingkou did not limit down again, even experiencing a small-scale rebound in the morning.

However, the main force trapped led by Han Lie had no intention to pull it up, relying only on those retail investors coming in to catch the rebound, achieving predictable effects.

Oh, retail investors are always so brave...

The funniest was Gao Fengbo, who thought Liu Hanhe and others would save themselves—the signal Little Liu transmitted indeed indicated this, so Gao Fengbo threw in another two million.

Instead, he amused himself throughout, only to be slapped in the face by Han Lie once more.

By closing, the week’s trading volume had severely shrunk, all four days combined were less than earlier single day.

The final stock price closed at 5.82, burying everyone deep.

Solely Gao Fengbo managed to sell off a bit, having grabbed his run during the first limit-down, and sporadically selling each day afterward barely mitigated some losses.

However, this bore little significance.

Unlocking wasn’t going to be possible for him, as next week, Yingkou’s highest stock price would only reach 6.02, with the lowest touching 5.40—so says Lie Brother.

They were intent on forcing Gao Fengbo to take a stop-loss in this range.

If he didn’t exit, there would be no second wave of rising.

If Old Gao thought he could hold on, Han Lie’s second and third wave enticements would certainly crush his confidence.

At worst, they’d grind until the official start of the bull market, not lacking that bit of accumulated capital.

Therefore, normally, Old Gao would surely cut his losses.

As a seasoned veteran in the financial circle, he would certainly understand the seriousness of the situation; the cost of the money borrowed is so high, who could afford to wait.

Moreover, he had other major matters to attend to—Gao Yijun’s project offered very high commissions, enough to compensate for all the losses.

Thus, Gao Fengbo settled down like a peaceful chicken, concentrating most of his energy on selling products.

And then came successive reports of success.

To be fair, CITIC’s sales system is truly formidable.

With so many branches across the country, they have well-established layouts in third and fourth-tier cities, and coupled with deep cultivation in several key areas, they maintain a top-five, even top-three position in sales domains.