Xing Baohua's original intention was to let the company's employees earn some extra money with him as a form of employee benefit.

But then something strange happened: several stocks carefully selected by the financial analysts Yu Shenghai had hired at high salaries fell for four or five consecutive days. While most stocks in the market saw slight increases, his stocks all plummeted.

I thought the market would improve next week, but instead it entered a long period of fluctuation.

Every day, there are gains of several tens of percentage points followed by losses of several tens of percentage points.

Xing Baohua's nearly 100 million US dollars are now completely tied up.

It's an awkward position. Someone calculated that for him to break even, the price would need to rise by at least 200 points.

Twelve stocks, all stuck in a deep loss.

The employees wouldn't dare to follow that advice!

Good news doesn't travel far, but bad news travels fast. First, the company's employees said their boss had foolishly entered the stock market. Now, even with his sharp mind and elite connections, he couldn't avoid getting trapped.

I talk about it while eating, and I also talk about it when I meet up with friends after get off work.

The whole building surrounding the company knows about this, it's quite funny.

The media, upon learning of this news, became cautious and first interviewed people in the vicinity. Finally, they contacted employees of Hainan Company to verify the information. They interviewed not just one or two, but more than a dozen.

The news has been confirmed; this article is now being published.

"A mainland Chinese man borrowed 300 million US dollars from a bank to invest in the stock market, and lost 100 million US dollars in just one week."

Many media outlets have reprinted this, and now look what's happened! The whole of Hong Kong is laughing at Xing Baohua.

Some people even set up betting sites to speculate on when Xing Baohua's last two hundred million yuan would be tied up.

The best joke of 1986: a mainland Chinese guy playing the stock market.

There is no stock market in mainland China, and nobody understands how to play the stock market.

Xing Baohua was like a country bumpkin, thinking that because he had money, he dared to jump into an abyss.

Economic experts and renowned commentators from the financial channel analyzed Xing Baohua's various moves one by one.

Buying at the bottom and doubling your money is clearly a gambler's mentality; it's an attempt to use the money gained at the bottom to average out your investment.

It's manageable if it's below 100 points, but now it's already 200-300 points, not even nine oxen could pull it back. Although the market is currently stable, there are signs of a bear market, and many promising stocks are falling.

Experienced stock market investors have all cut their losses and reversed course to sell (buying on a dip is called selling).

Those who are liquidating their positions are doing so, and those who need to add margin are doing so.

Right now, buying on the rise is considered a bad investment, and nobody is optimistic about it.

There was a sense of oppression throughout Xing Baohua's company. The person under the most pressure right now wasn't Xing Baohua himself, but the economic analyst who had just been hired at a high salary.

It was these gossipy people who made the boss a laughingstock in Hong Kong.

Yu Shenghai was also very anxious, and he would often sneak off to the Ministry of Finance. This put a lot of pressure on the department.

As for the other two hundred million US dollars that Xing Baohua has, he hasn't touched them yet. He's afraid of getting trapped if he invests them again.

Xing Baohua had nothing to do that day, so he came to the finance department to check on the situation and see how many orders had been placed.

He got angry as soon as I mentioned that the order hadn't been placed.

He immediately got angry and said, "Keep paying." He wasn't using leverage or futures; he wasn't afraid of being liquidated.

The more the price falls, the happier he is, thinking he'll make a fortune when it rebounds.

The experts wanted Xing Baohua to lock up his shares.

It involves using a certain number of contracts to hedge and gradually unwind the position using short-term trading.

This is both the advantage and the disadvantage of two-way stocks. It's easy to unwind them and end up losing all your capital.

Xing Baohua doesn't know how much longer the market will fall, or even when it will surge. Based on his memory, the market surged for more than a year during the 1987 stock market crash, creating many wealth myths.

Some people have amassed fortunes of tens of millions or even hundreds of millions through stock trading.

With real-life role models as examples, many people, in a moment of impulsiveness, take all their savings and plunge into that bottomless abyss, fantasizing about getting rich.

Anyone would be envious if they saw their friends and family making money in the stock market. As for which stocks to pick, whether it's market analysis or news analysis, let alone reports or anything like that, they wouldn't understand them anyway.

In short, buy whatever you want, and you'll make a profit.

In this state, those dealers would be laughing in their sleep. They're just waiting for the right opportunity or the right event, for an excuse to start throwing money at the problem.

They placed orders according to the points they set, within the planned scope.

When short selling occurs, disaster strikes everywhere.

Xing Baohua's latest nickname has been revealed: Wild Fat Sheep.

They're easy targets, like fat sheep that give money to Hong Kong stock market investors.

Regardless of whether they were mocking or just watching the spectacle, everyone was waiting for Xing Baohua to lose everything.

Unfortunately, this guy was stubborn and insisted on paying the bill.

Many institutions wanted to profit from Xing Baohua's transactions, and they investigated which stocks he bought. They all crowded around, trying to set a trap for him and profit from his losses.

They even pushed up several stocks by more than 100 points, hoping to help Xing Baohua recover some of his losses and see if he would sell his shares.

Whether it's releasing information or comparing it with market data, Xing Baohua remains completely unmoved.

Regardless of the fluctuations, just hold on.

For more than two weeks, despite continuous buying, many stocks have almost reached the 5% threshold.

Once a stake reaches 5% or more, a disclosure requirement can be issued.

Disclosing a shareholding is mandatory; it's equivalent to telling the listed company and everyone in the stock market who you are and how many shares you hold.

In layman's terms, this is how you become a shareholder through stock trading.

They have a certain influence over listed companies, and can even send representatives to live in the company and audit its finances, etc.

One downside to making a takeover bid is that you can't sell your shares for a short period of time.

You cannot sell for at least 6 months; you can only buy.

Many people don't understand Xing Baohua's actions. Many speculate that he's using the circulating shares to launch a hostile takeover of over a dozen listed companies.

After holding up the sign, will you extend an invitation?

Xing Baohua put down his newspaper and said, "Let's invite an egg."

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