Su Yi replied, "I'm not very good at fishing, so I can't say whether I like it or dislike it."
"Actually, fishing is very simple."
Fang Xingyuan saw the bobber on the water move, knowing a fish had taken the bait, and said,
"Just see what the fish likes to eat, and feed it what it likes."
After speaking, Fang Xingyuan held the fishing rod and began to reel in, and indeed, there was a red carp on the hook.
After he reeled in the fish, he looked at it, then with a backhand, threw the caught fish back into the lake.
"Chairman Fang, what you care about shouldn't be the fish, but the joy of fishing, right?"
Su Yi said with a smile, seeing him release the fish he caught.
Fang Xingyuan chuckled,
"You're right, the joy of fishing is far more important than the fish itself. Of course, it also depends on what kind of fish it is. The fish in this artificial lake are raised for entertainment, so they're not very interesting. But if it's a big fish from the sea, that's different. Actually, sea fishing is the most fun. Next time... I'll take Mr. Su to experience it."
"I appreciate Chairman Fang's kindness."
Su Yi smiled and refused,
"But I really don't have much interest in fishing."
"What about tea then?"
Fang Xingyuan looked at the brewed tea in front of him and made a gesturing gesture to Su Yi.
Su Yi picked up the teacup and took a sip.
A light, sweet tea fragrance immediately permeated his spleen and stomach, causing him to praise,
"Good tea, it has a natural and serene taste. It's light at first, but when savored, it's long-lasting and profound."
"Haha..."
Fang Xingyuan chuckled, a look of satisfaction on his face, and said happily,
"This tea also has a beautiful name, called 'Whispers of the Mountain Stream'."
Su Yi was quite fond of drinking tea.
Hearing Fang Xingyuan's words, he couldn't help but taste it again, praising once more,
"It is indeed good tea."
"If Mr. Su likes it, I'll have Zhipeng prepare a few boxes for you later," Fang Xingyuan said.
"I heard that this tea has been a hot topic recently in Minzhou Tea Town. I had someone buy some, and indeed... it's commendable in all aspects. This shows that whether it's the capital market or the real commercial market, there still needs to be some convincing logic to create a trend of speculation!"
"Not necessarily," Su Yi said.
"As long as there is sustained capital and emotional drive, and ample profit potential, a speculative trend will naturally form. As long as these conditions are met, the logic doesn't need to be very strict; many people will still flock to participate."
"Is that so?"
Fang Xingyuan asked with a smile.
Su Yi nodded slightly, then continued,
"Human greed is very difficult to overcome. 100 years ago, the Tulip Mania in the West was a classic example. And various capital market speculations, as well as numerous commodity speculations in the real commercial market, have never deviated from the framework of this classic example.
Last year, I heard that a vicious speculative incident occurred in Minzhou Tea Town. A once ordinary tea was driven to sky-high prices in just seven or eight months, then instantly plummeted to rock bottom, causing many tea merchants who took over at the end to lose everything and want to jump off a building."
"You're talking about the 'Green Sea Snow Pool' tea, right?" Fang Xingyuan said.
"It's indeed a very ordinary tea; I just don't know why it was hyped to such an astronomical price during that period."
Su Yi said, "It was all due to the tea merchant selling this tea actively buying it back."
"Oh?"
Fang Xingyuan became interested, turning his gaze to Su Yi.
"Tell me more about it."
Su Yi said, "Initially, the sales of 'Green Sea Snow Pool' tea were not good. But three months after its launch, the tea merchant suddenly announced that they would buy back the previously sold tea at a price much higher than the initial release price.
Consequently, speculative opportunists, seeing a profitable opportunity, swarmed in, quickly buying up this tea on the market, which made the tea an instant hit in the tea market and its price steadily rise."
"Wouldn't the tea merchant lose money by buying back like that?" Fang Xingyuan asked.
"They shouldn't actually honor it, right?"
Su Yi said, "Chairman Fang, you guessed wrong on that point. After the speculative opportunists flooded in, several so-called famous experts in the tea market suddenly came out to lavish praise on this tea.
Of course, while praising it, everyone simultaneously emphasized that these were their personal opinions, stressing that everyone's taste is different, and what they found good might not be universally liked, thus preemptively distancing themselves.
And on the other hand. The tea merchant bought back all the tea acquired from the market by the swarming speculators, exactly as promised."
Fang Xingyuan clicked his tongue, unable to help but exclaim,
"This tea merchant... is truly impressive."
"Indeed impressive," Su Yi said.
"After the tea merchant bought back as promised, the news that the first batch of speculative opportunists had made real money spread wildly throughout the tea market. Consequently, even more speculative opportunists flooded in, causing the market price of 'Green Sea Snow Pool' tea to quickly soar to a price almost identical to the tea merchant's buy-back price.
Afterward, seeing how popular this tea was, the major distributing tea merchants in the tea town also started to take action, buying and hoarding large quantities of this tea at slightly lower prices on the market.
In contrast, the tea merchant who initially released this tea, after the major distributing tea merchants made their moves, continued to raise the buy-back price, luring more tea merchants, as well as individual speculators and investment collectors, to participate in the speculation of this tea.
Subsequently, within three months, the tea merchant who released this tea raised the buy-back price six times consecutively.
This caused the price of 'Green Sea Snow Pool' tea to continuously skyrocket, and more and more people joined the speculation. It even led to the market selling price of this tea, under the expectation of continuous price increases, once exceeding the original tea merchant's buy-back price by more than 20%.
Finally, Chairman Fang has probably already guessed what happened next."
Fang Xingyuan pondered for a moment and said,
"The tea merchant who ultimately released 'Green Sea Snow Pool' tea secretly released a massive amount of stock at the peak price, then stopped buying back, closed shop and ran, exiting the tea market."
"That's exactly right," Su Yi said.
"This was a case of speculation driven by capital, emotion, and the profit-making effect. The quality of the product, on the other hand, became less important. The tea merchant who ultimately released 'Green Sea Snow Pool' tea made a fortune and exited the market, while everyone else who took over, whether at high or low prices, lost everything. Now, this tea is unsellable on the market."
"This tea merchant who orchestrated the speculation of 'Green Sea Snow Pool' tea is truly a top expert in operations and speculation," Fang Xingyuan exclaimed.
"Listening to Mr. Su, their method should have commonalities with speculation in the financial market, right?"
Su Yi nodded and said,
"The essence is the same. This tea merchant who orchestrated the speculation of 'Green Sea Snow Pool' tea used financial speculative tactics. If 'Green Sea Snow Pool' were likened to a stock, then their manipulation methods become very clear."
"It seems that in this world, the ways of business, tea, and finance indeed all have commonalities,"
Fang Xingyuan said, then scrutinized Su Yi again, his heart filled with admiration for him.
Before meeting Su Yi, he originally had some doubts about Su Yi's personal capabilities in the financial market.
But now, after hearing Su Yi's words, his doubts have been completely dispelled, and faintly, he has already seen a rising star in the financial world ascending before him!
(End of this chapter)
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