Episode 28 recap: Qiang Mujie dug deep and defeated A Bao.

On January 2, 1994, the Pu Jiang Securities News published an announcement, revealing the payment deadline for the subscription certificates. The apparel company was the last of the eight stocks to be drawn in the lottery, which naturally caught the market's attention. Qiang Mujie was closely following the apparel company's stock, wanting to completely drive A Bao out.

In 1978, A Bao and Xue Zhi fell in love. Xue Zhi was a ticket collector on the No. 13 bus, known as the "Flower of the No. 13 Bus". Xue Zhi came from a well-off family, with a distinguished young lady demeanor, who liked stamp collecting, calligraphy, and playing chess. In her spare time, she also studied English. A Bao was deeply attracted to Xue Zhi, thinking they could have a happy ending, but unexpectedly Xue Zhi later went to Hong Kong. A Bao and Xue Zhi saw each other for the last time in Hong Kong, and before leaving, Xue Zhi reminded A Bao not to reveal their meeting.

On January 2, 1994, the Pu Jiang Securities News published an announcement, revealing the payment deadline for the subscription certificates. The apparel company was the last of the eight stocks to be drawn in the lottery, which naturally caught the market's attention. Qiang Mujie came to the apparel company's president Cai to cooperate, and found out that A Bao had set the opening price at 10 yuan. Qiang Mujie immediately offered an opening price of 18.8 yuan.

A Bao returned to the Heping Hotel, only to find that Ye Shu was waiting for him. Ye Shu had prepared a Walmart exit route for A Bao, but A Bao had blocked it himself. The Heping Hotel was demanding the room rent, and Ye Shu advised A Bao to take a step back and not get involved in the stock market again. A Bao suddenly remembered that on December 31, 1993, Mei Ping had brought a New Year's gift to visit Ye Shu, who had already resigned from the foreign trade company and started her own business. Not only did Ye Shu refuse to accept her gift, but he also forcibly drove her away. Before leaving, Mei Ping swore that she would never enter this room again and left a document for Ye Shu.

A Bao guessed that Mei Ping had come to inform Ye Shu, but he didn't take it seriously. Mei Ping and A Bao waited for the elevator together, and Mei Ping noticed that A Bao was indifferent towards her because of the incident with Wang Mingzhu. A Bao felt that she had treated Wang Mingzhu too cruelly, and Mei Ping poured out the resentment that had accumulated in her heart. She came from a humble background and was jealous of the high-and-mighty Wang Mingzhu, so she reported her, but Mei Ping had no regrets.

A Bao saw Ye Shu off in the elevator, and couldn't help but think about the help and support Ye Shu had given him over the years. A Bao was filled with mixed feelings. In 1987, the establishment of the Yuyuan Commercial City marked the beginning of the commercialization reform in Shanghai. Seven years later, the apparel company made its debut on the market. On the day of listing, the Shanghai Composite Index was in a turbulent state, and with the upcoming Spring Festival holiday, most institutions had already withdrawn from the market, and most investors adopted a wait-and-see attitude towards the opening of the apparel company's stock.

When the stock market opened, the clothing company's stock quickly rose to $10.80. A Bao and Qiang Mujie were closely monitoring the stock's performance, and they both jumped into the action. In the bloodless battlefield of the stock market, they engaged in an intense battle, and the stock price continued to climb, eventually closing at $18.88. Qiang Mujie emerged victorious in the first round, impressing the company's CEO, Cai, with his skills.

The Southern Investment Company achieved a victory in the opening, leaving a lasting impression in the market. Qiang Mujie regained the recognition of the Shenzhen headquarters, and over the next five trading days, he used various accounts to accumulate positions, pulling off four consecutive strong bullish candles. The clothing company's stock price soared to $25, becoming a hot topic in the market. A Bao decided to take a gamble and put all of his 500,000 shares on the table.

Qiang Mujie gave orders to the traders to short the stock and cover the shorts, aiming to take full control of the situation and completely push A Bao out of the game. Over the next two days, two large bearish candles erased the bullish momentum, and through the rumor of the withdrawal of the main forces, Qiang Mujie shorted the stock, causing the price to consolidate around $28 for a few days. After three more rounds of selling, the Shanghai retail investors were left in a daze.

The members of the Qilin Society, including Doctor Wu, couldn't understand Qiang Mujie's intentions. Commander Cai realized that Qiang Mujie wanted to kick A Bao out of the game. A Bao had Commander Cai, You Piao Li, and Aunt Pang use their tractor accounts to follow the rhythm of the Southern Investment Company, buying on the dips, and their profits quickly reached 15%. A Bao decided to launch an ambush to capture Qiang Mujie, but Commander Cai was worried that the CEO of the clothing company, Cai, might not agree.

The CEO, Cai, came to A Bao to inquire about the situation. A Bao suggested that the company offer free shares to the shareholders to boost their confidence, and the CEO agreed to discuss it at the board meeting. As the clothing company announced its annual report, the stock price started to rise. Qiang Mujie warned the CEO not to distribute shares recklessly, and he had his people find out that A Bao's two main backers were the boss of the Ningbo garment factory and Lin Tai. A Bao was just a proxy operator, and Qiang Mujie decided to first cut off A Bao's main supporters.

Qiang Mujie persuaded the Ningbo garment factory boss to withdraw his investment, and he also called to buy Li Li's Zhizhen Garden, offering a 15% premium, which Li Li accepted. Li Li then called A Bao to inform him that Lin Tai's shares had been transferred to the Southern Investment Company, and the 3 million in profits were transferred to A Bao. A Bao was left with no choice, and if the stock price fell below $10, he would be left with nothing.