President Bao finally moved out of the British Suite at Peace Hotel, where he had lived for nearly seven years, and began working out of an office building, starting his career as a securities broker.
This time, his reputation had grown even greater. He had become famous in a single battle, renowned throughout domestic stock market circles. So long as he did not suffer another defeat, his name would remain extremely influential. After all, he had turned defeat into victory in a stock market battle involving several hundred million yuan. A Bao was now the undisputed number one.
The advantage of attracting capital was only one aspect. His actions in the stock market alone, and the influence he wielded over retail investors, were truly terrifying. If he publicly commented on a listed company, that company's share price could fluctuate by at least eight or ten yuan in a single day. Comparatively speaking, this was actually his greatest gain from that battle.
After all, properly guiding investor sentiment could unleash an overwhelming force. No matter how much money an institution had, it could not withstand the vast ocean of individual investors.
President Bao had ridden the wind to rise, while President Qiang had been wiped out in half a day.
In March after the New Year, Qiang Mujie was taken away by the police from his Shanghai apartment. Two months later, he was sentenced to three years and four months in prison and fined for illegally misappropriating funds.
The arrogant, overbearing Qiang Mujie had met his end in this manner. After getting out, he might not have to worry about food or clothing, and might even live better than most people, but it would be impossible for him to stand in the spotlight again and dictate the course of events.
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