126: An epic battle has begun! Alliance Leader Zhang declares war on the Dragon and Tiger Rankings!
When Wang Lin said those words, he had actually given them careful consideration.
One must know that the Institutions Alliance Leader Zhang was facing were deeply entrenched with massive capital.
Otherwise, Alliance Leader Zhang wouldn't have suffered repeated defeats in all the subsequent confrontations after his first victory.
Their capital for short-selling was endless, and their chips for short-selling were also endless.
These Institutions could team up, pull in some securities lending, and easily Dump Stock to crush Alliance Leader Zhang.
Unless there was some earth-shattering good news, it would be extremely unwise to go up against the Institutions.
This time, Wang Lin chose to agree to Alliance Leader Zhang partly because Wangsu Technology truly had reasons that compelled him to join in.
Once the partnership with Amazon was announced, who would care about short-selling or the loneliness of being at the top?
Crazy capital wouldn't care whether you were an Institution or not; the Retail Investors alone could push it up by several limit ups.
Capital is always profit-seeking; by then, the Institutions would disintegrate from within.
Why wouldn't he do such a good thing that clearly promised profit and would also earn him a favor?
On the other hand, Wang Lin knew without even looking that this coming battle over Wangsu Technology would definitely be an epic war!
He hadn't just watched Wangsu Technology; he had made a lot of profit from it himself.
Its biggest main force, the Public Fund Invesco Great Wall Fund Management, had seen several of its funds make an absolute killing this year by betting correctly on this CDN business dragon head stock.
Now that it was the end of the year, they were preparing to sell off their profitable positions while simultaneously short-selling, achieving success on both fronts.
Regarding the holdings of Invesco Great Wall Fund Management, one only needed to glance at the list of the top ten tradable shareholders to know; two of their funds were listed in the top ten, with a total holding of over 5%.
Besides them, there was also Harvest Fund, holding 3.78%, totaling over 6 million shares.
Nearly 9% of Wangsu Technology's shares were in the hands of these funds; that alone amounted to several billion!
Not to mention that if pushed to the brink, they could also resort to securities lending and refinancing to short-sell!
When the day of real, direct confrontation finally arrived, Wang Lin wouldn't be surprised if the daily trading volume reached tens of billions.
If that day really came, Wang Lin found the thought thrilling.
His current portfolio was so large that he needed such a major battle to increase the net value of his holdings!
Of course, his dislike for those Institutions might also be a factor.
The chain of contempt is the same everywhere. The National Team is above Institutions, Institutions are above Hot Money, Hot Money is above Large Investors, and Large Investors are above Retail Investors.
Now, Alliance Leader Zhang, this top-tier Hot Money player, wanted to declare war on the Institutions in this stock.
Although Wang Lin had already founded a company, just as Alliance Leader Zhang suspected, at his core, he still had the temperament of a Hot Money player.
This is actually true for everyone; the trading style one gets used to in those first few months of entering the stock market will become deeply ingrained and turn into a habit.
Most of the people in those Institutions were professionally trained and looked down upon Hot Money, which they saw as just relying on luck to make a living.
To them, the Public Fund industry, with its guaranteed returns regardless of the market and its social status, was the absolute top tier!
What the hell is Hot Money? Only a few can make it out; you need ability, connections, information, and capital. If you lack even one, you won't make it.
Not to mention that if a bear market hits, it's not uncommon for them to be cut in half or even face liquidation.
Such a high-risk profession is not something these professionally trained people would ever touch.
Look down on me as Hot Money? Then how about I drive you to liquidation?!
Inside a high-rise in Shanghai.
Alliance Leader Zhang looked at the news on his computer, a look of excited delight on his chubby face, and he shouted repeatedly: "Good, good, very good!"
"Brother Lin's current capital volume must be at least 2 billion, right? If you add his Public Fund and Private Equity Fund, it's probably 5 billion!"
"I'm not asking for much help from him; 500 million is enough!"
"And if we truly establish the momentum, he will naturally increase his capital on his own!"
The cooperation between the two sides was thus reached. There was no contract, only a small chat record between the two, which would not have any legal effect.
But both sides knew that this time, they had to take down the Public Fund!
Starting from the very next day, the trading volume and turnover rate of Wangsu Technology suddenly began to rise.
Alliance Leader Zhang finally began his frantic buying on this Friday!
That day, Wangsu Technology's turnover rate reached as high as 30%, and the increase hit 10%!
This scene sent a shock through the hearts of the Stock Investors in Wangsu Technology.
The Stock Investors on the Stock Bar were thrilled.
"Awesome, awesome, the old demon is taking off!!"
"Too strong, another strong limit up; could it be starting another run?"
"Truly strong, a market cap of tens of billions, and it just sealed the limit up so easily; it's invincible!!"
"I bought in with a full position at 3 points today; I originally just wanted to play a rebound, since it had already found support on the 10-day and 20-day lines and a rebound could happen at any time, but this trend is way beyond expectations!!"
"Who's to say it isn't? I also bought it because I saw that today's entry point was very good!!"
And the Public Fund in this stock was also stunned.
At a time like this, someone was still going long on Wangsu Technology on such a large scale!? Didn't they know that they were currently offloading shares?
Inside Invesco Great Wall Fund Management, two Fund Managers had a great time offloading shares today, dumping over 300 million worth of stock in one day, but they slowed down after it hit the limit up.
Because they were also puzzled; to dare to seal the limit up while facing such heavy selling pressure, could it be that Wangsu Technology had some major good news they didn't know about?
But when the dragon and tiger list appeared in the afternoon, the Guotai Junan Shanghai Branch seat had bought 300 million, ranking as Buy 1.
Instantly, all eyes turned to it.
After all, they knew very well who this seat represented. This seat hadn't appeared on the dragon and tiger list for several years. Its return to the arena this time, and on Wangsu Technology of all stocks, was definitely intriguing.
"666!"
"Too awesome, it was actually Alliance Leader Zhang who sealed the limit up; looks like there will be big profits to be made tomorrow!"
"Haha, next Monday, Wangsu Technology will definitely be worth watching!"
"Really awesome, actually aiming at such a high-position stock, and it's such a large-volume stock too!!"
"Given Alliance Leader Zhang's capital volume, if he played those small stocks worth a billion or so, he probably wouldn't be able to make much money at all!"
"Charge, charge, charge! Old Zhang has the reputation of being a benevolent main force. This stock has just finished adjusting, so everyone should buy on the dips; there will definitely be rich rewards!!"
Originally, the platform where Wangsu Technology was hovering on the 10-day and 20-day lines today was created by the Institutions specifically to slaughter the Retail Investors.
Once this platform was broken, the panic of the Retail Investors would intensify. They would then be able to continue offloading and short-selling in a logical progression!
Who knew that now that Alliance Leader Zhang had pulled it to the limit up, it had instead become effective support for the platform.
If you had to ask which funds reacted most strongly to seeing Wangsu Technology on the list this time, it would definitely be Invesco Great Wall Fund Management and Harvest Fund, as this concerned them the most.
Now, they had already placed a large number of short orders and were preparing to Dump Stock, and at this moment, Alliance Leader Zhang came to pump the stock and even appeared on the dragon and tiger list with such fanfare. It was obvious that this guy was here for revenge!
Invesco Great Wall Fund Management: "Hmph, Alliance Leader Zhang has been lying low for a few years, and now he's actually coming out to jump around again, wanting to wrestle with us again?!"
Harvest Fund: "Then let's crush him again; it seems he has forgotten the lessons from China Unicom and China Vanke Co., Ltd. A-share in the past!"
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