Reborn with Consumption System

April 15th, the market once again hit bottom and rebounded.

Jiao Fangyan silently accumulated stocks, but due to sluggish trading, the total holdings of core stocks increased very slowly.

Han Lie was in no hurry, there were still three months before the bull market, and those core stocks wouldn’t rise collectively in one wave, there was plenty of time.

By the 20th, the market had rebounded slightly for four trading days, but Yingkou Port was still fluctuating below 5.6 yuan, and Gao Fengbo finally couldn’t hold on.

"Forget it, let’s clear it..."

His nephew was a bit anxious: "But if we sell now, we’re losing too much! How about we wait a bit longer? Didn’t Han Lie predict the bull market would definitely come this year?"

"I can’t wait any longer."

Gao Fengbo was well aware, but watching Liu Hanhe and others getting more anxious, running around everywhere, he really didn’t dare to wait any longer.

"Once Liu Hanhe and the others can’t hold on and something happens, they’ll definitely sell me out for merit!"

His nephew didn’t understand: "Then why don’t they save themselves?"

Gao Fengbo shook his head with a bitter smile: "Who dares to mess with Han Lie’s tiger’s whiskers now... There’s no opportunity at Yingkou Port, everyone is afraid of rushing in and being hurt by Han Lie, smashing back into the pit."

The nephew thought for a moment and fell silent.

This kind of hurtful and self-damaging thing seems like something that President Han can do.

Otherwise, Liu Hanhe and others contacted so many public and private funds, and not one would dare to enter at the bottom.

All scared, weren’t they?

"Just get out, forget about the cost."

Gao Fengbo sighed deeply, feeling very unwilling, but also very decisive.

"Just pretend all previous efforts were wasted, I can afford the loss!"

As he spoke, his heart ached from liver to lungs, and his round face almost scrunched up into a ball.

The nephew muttered to himself to comfort: "Alright, at least we won’t be working in vain for margin loans... the interest is damn expensive."

At the mention of this, Gao Fengbo even felt somewhat fortunate.

"Luckily, I didn’t leverage too much initially, that’s a blessing in disguise!"

This wasn’t the collective frenzy of 2015; even though Gao Fengbo had a lot of confidence in Han Lie, he wasn’t so blindly optimistic about the market. So overall leverage was just over one, considered very cautious.

If it had happened in 2015, with four or five times leverage, one wave could have wiped him back to the Stone Age.

During the 2015 stock market crash, some aggressive investors used a lot of outside leverage, and within two or three days, their billions in assets plunged to mere tens of thousands.

Such outside high leverage meant that the stock accounts were controlled by the lending party, and if the price fell to the warning line, they would forcefully close positions to ensure their own funds’ safety.

If clients could keep a little change, they were considered lucky; there were cases where they couldn’t exit timely during continuous limit-downs, ultimately owing the finance company hundreds of thousands.

With debts too high to repay, and unable to cope with the gap from being billionaires to heavily indebted, many directly queued up on rooftops.

So, the first lesson from formal stock teachers is always to advise everyone to "act within their means, don’t leverage."

These are the painful lessons learned from the 2015 stock disaster.

Gao Fengbo took two days to slowly clear out Yingkou Port completely.

While selling, he gritted his teeth and clutched his heart.

"Damn! Above 5.6, a hundred lots could create a pit, at 5.2 line, you’ll take as much as you can, huh?! Bastard!"

Yingkou Port’s market was noticeably strange.

Every day there were small retail investors and speculators rushing in, betting on its next wave of movement.

Because Liu Hanhe and other big players laid there pretending to be dead, not moving, the trapped retail investors also started rotting, slacking. Merely one or two million could pull the stock price above 5.5.

But once Gao Fengbo’s selling action got slightly too large, those small retail investors immediately shrank back.

The stock price fell accordingly until there was strong support at 5.2 or 5.3.

No need to ask, waiting at the bottom for profit was definitely Han Lie.

The big nephew was also furious: "Damn, we’re helping that bastard clean up, aren’t we?!"

You answered correctly, but there’s no reward.

Han Lie wouldn’t sell off himself, as he had just been interviewed; he must behave and lie low.

Anyway, he’s not doing any reverse hedging operations, adhering to the law and respecting authorities.

If you want to exit, that’s your business.

The next day, Gao Fengbo made a fierce move, not pretending anymore, and cleared out in large quantities.

Gao Lie realized the strength of today’s sell-off was extraordinary and quickly let go, not taking in more.

So, surprisingly, with his little amount of stock, Gao Fengbo pushed the price from 5.4 straight down through 5.2, touching the integer mark of 5.1.

At the 5.1 line, a substantial amount of buying interest emerged.

Retail investors, speculators, small private funds, all sorts of elements.

Han Lie found it inappropriate to stir things up at this position; it was time to be stable.

So he thought for a moment and made a call to Qiu, the general manager of Mo Zaidan: "Brother Qiu, have you been in touch with Director Liu and the others lately?"

Old Qiu was stunned by the question, but being extremely shrewd, he quickly probed back: "I have some time, but not sure if they are busy..."

"They must be very busy, it’s a critical moment!"

Han Lie casually spoke in riddles: "However, the busier it is, the more suitable it is to help when needed, right?!"

Old Qiu somewhat understood.

Oh, I guess I need to remind them, right?

He immediately responded: "Yes, indeed, I should contact them; I’ll chat with them later."

"Mm."

Han Lie nodded happily, feeling that dealing with such experienced fellows made difficult things incredibly easy.