Chapter 61 - It Can Be Installed Again
"Boss, what are your orders?"
Cao Chenghui, sitting in the general manager's office of Qunxing Company, immediately stood up from his office chair upon receiving a call from his boss.
"The market has pretty much bottomed out. Buy one million worth of SSE 50ETF. You should expect double the returns in the second half of next year. Cash out once the profits have doubled." Fang Hong spoke casually over the phone before adding with a chuckle, "Work hard and make sure to rise independently as soon as possible. Not everyone gets to enjoy a private opportunity like this."
Cao Chenghui was thrilled—ecstatic even!
His boss had just given him another golden ticket to wealth.
Following the boss was undoubtedly the wisest decision of his life. Without hesitation, he replied, "Yes, Boss! Under your guidance, even if I were just a lump of mud, you'd still be able to mold me into something valuable!"
Fang Hong, on the other end, laughed and shook his head.
Regardless of anything else, one thing was certain—Cao Chenghui had a knack for flattery.
"That's all." Fang Hong ended the call.
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After finishing the conversation, Cao Chenghui immediately sat back down, turned on his computer, and logged into his securities account.
It was just after 11 a.m. He entered the trading code for the SSE 50ETF, an on-market ETF index fund launched in early 2004. This ETF tracks the top 50 most influential blue-chip companies in the Shanghai Stock Exchange, representing large-scale, highly liquid stocks.
At that moment, the SSE 50ETF was down 2.21%.
Without hesitation, Cao Chenghui went all in. Given the ETF's high liquidity, completing a million-yuan purchase was effortless. Even with recent trading volume shrinkage, the previous day's turnover was nearly 500 million yuan. In times of high trading activity, the SSE 50ETF's daily volume could reach 1 billion yuan—even exceeding 3 billion yuan in extreme cases.
For instance, in mid-September, triggered by three major policy incentives, including a stamp duty reduction, the market surged, leading to a massive spike in trading volume.
With the boss's latest wealth code in hand, Cao Chenghui felt triumphant. Even after office hours, he remained at his desk, soaking in the moment.
---
Logging into Tianya Forum, he muttered excitedly, "Your Fengshen has made a grand return, haha!"
The feeling of being idolized by thousands of retail investors was intoxicating—better than earning a million!
After logging into his ID, "Weathered Salted Fish," he clicked on his previous post, rubbed his hands together, and immediately started typing:
> "Experts have guided millions of investors from over 6,000 points to below 1,600 points with well-intentioned yet disastrous advice.
Back to the main point—personally, I believe the market has bottomed out. I've been busy with work, so I can't do short-term trading for now. Instead, I plan to follow the trend. If you decide to enter, don't watch the market fluctuations too much. Just stick to the plan.
If you meet these conditions, the SSE 50ETF is a good choice. Today, I invested heavily in this domestic 50ETF index fund, aiming for a 100% profit target by the second half of next year."
After proofreading to ensure everything was on point, he hit the update button.
Even though it was still noon and the market had two more hours of trading left, he wasn't concerned. The SSE 50ETF was a fund composed of the Shanghai Stock Exchange's largest 50 stocks, making it impossible for anyone to deliberately target his position.
A few minutes later, he refreshed the page.
New replies were already flooding in:
"Fengshen has updated!"
"Marking this post in the front row!"
"The Great One has returned!"
"Boss, with your profit-making skills in A-shares, why are you still working a regular job?"
"Wait, the boss went all in on 50ETF? So bullish on A-shares? Is this for real?"
"Understood. I'm buying SSE 50ETF when the market opens this afternoon!"
"Hold up… doubling profits by next year? That means the index must rise from 1,670 points to around 3,500 points. Is that even possible?"
Cao Chenghui smirked as he continued scrolling through the replies.
Then, one comment caught his eye:
> "@Weathered Salted Fish, what's your basis for this prediction?"
He paused.
This… he had no idea.
Even if he wanted to explain, the boss hadn't told him anything specific.
Yet, he really wanted to keep up the act.
But there was nothing he could say.
So, he simply skipped the reply and refreshed the page to read other comments.
---
Meanwhile, the latest update from "Weathered Salted Fish" was being screenshotted and shared across stock market forums, investor groups, and chat rooms.
His ID was rapidly gaining traction in the stock market community.
Retail investors were now buzzing about a new market prodigy—a super trader within A-shares.
With his increasing popularity, more and more people flocked to his posts, eager to analyze his past trades and extract insights from his strategies.
After 20 days of silence, Weathered Salted Fish had finally resurfaced.
What shocked his followers was his latest move:
Instead of targeting individual stocks, he had bought an on-market ETF fund. More shockingly, he was incredibly bullish, predicting a market reversal that would double his investment within half a year.
This statement alone sparked intense debates.
Most investors found it hard to believe.
At that time, confidence in the A-share market was at an all-time low, with many stockholders already resigned to further declines.
Had it not been for Weathered Salted Fish's remarkable track record, most people would have dismissed his post outright.
His flawless trade in Zhongxin Securities, where he bought the dip and sold at the peak, was still fresh in everyone's memory. He had even predicted the market's movements with pinpoint accuracy.
Because of this, many were torn.
Some investors trusted his judgment and followed suit.
However, most were skeptical, arguing that expecting a 100% increase in the SSE 50ETF was wishful thinking.
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November 5th - Market Reversal
The next morning, investors braced for the worst.
Many believed the market was heading below 1,664 points—a new historic low.
Yet, reality shattered expectations.
The market skyrocketed!
By midday, the Shanghai Stock Index surged 4.74%, leaving stockholders stunned.
Those who had followed Weathered Salted Fish were now restless.
Even those who had doubted him began second-guessing themselves.
Could he actually be right?
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(P.S.: Another update coming in the afternoon! Please support by voting for monthly and recommendation tickets. Follow for more updates!)