China A-share top bull stock individual investor and Chaos Investment founder Ge Weidong, known in the industry as the “Futures Dong Xie.”

The latest Hurun list shows his net worth is 35.5 billion yuan. In just one year, he doubled from 17.5 billion yuan.
Outsiders only see the current scale of his wealth, but very few people know: his legend began with going to zero and being trapped in despair.

For 26 years in total, he started with 100k yuan in capital. He twice suffered liquidation leading to clearing out to zero, faced a multi-million USD heavy penalty, incurred losses of several hundred million yuan from falling into multiple traps, and went through the harshest market “baptism.” In the end, he earned a 20-billion-yuan epic gain from a single stock.

Phase 1: Two liquidations to zero; most people have already exited (2000–2004)

In 2000, Ge Weidong pledged his house property, using only his 100k yuan principal to enter the futures market.

But the market never showed mercy.
As a newcomer to the track, he suffered liquidation twice in a row, and lost all of his principal both times.
Most people who experienced two rounds of going to zero would have their mindset collapse and completely stay away from the market.
But Ge Weidong did not choose to run away. Instead, he calmed down to review his trades and delved deeper into Chaos theory.

He finally saw through his own trading path:
The market is not random up-and-down, but a chaotic operating system.
What is hardest in investing is never predicting the行情; it is identifying the boundaries, respecting trends, and keeping risk control.

This rebirth from an abyss became the true starting point of his lifelong investment system.

A battle that sealed the god: wildly profiting 5 billion yuan from cotton futures, establishing his standing in the world

In 2010, disasters caused a large global cotton production cut, and the行情 ushered in a super cycle.
Ge Weidong precisely captured opportunities at low levels and heavily positioned long orders.

Cotton surged from 10k per ton, running wild and breaking through 30k per ton. At high levels, he calmly cashed in his profits;
the following year, he turned around and shorted in line with the trend, again harvesting a large wave of行情.

In just this one campaign, the capital directly surged to the 5-billion-yuan level, firmly securing him a seat among China’s top futures bigwigs.
In 2014, he fought again in copper futures and once again steadily harvested 1.8 billion yuan in profits.

But behind the brilliance, it also made him pay the most expensive tuition:
In 2011–2012, due to issues with the compliance of his positions, he was heavily fined by overseas regulators—10 million USD.

At this moment, he fully understood:
No matter how strong the capability is, you cannot beat the rules; even if the行情 is favorable, you cannot be reckless without restraint.

Eight years of sticking it out: laying traps for long-term hard tech, riding through volatility and holding the trend

After saying goodbye to the high-volatility futures period, Ge Weidong fully shifted to value long-term investing, heavily focusing on the national hard-tech main line.

In the second quarter of 2018, at a cost of around 60 yuan, he continuously built positions in Zhaofei Innovation (兆易创新), adding shares along the way and locking them up long-term.

For a full 8 years, he never wavered, passing through countless rounds of volatility and shakeouts.
As of 2025, combined with shareholdings related to the family, his total market value broke through 5.25 billion yuan.

While others chase hot spots and switch to short lines, he only does one thing:
He identifies the main line of the era, and uses time to buy space.

The ultimate legend: turning 100k yuan into 20 billion yuan, delivering 1,824% returns in three years

What truly pushed his assets to another order of magnitude was the super boom in domestic GPU—Muxi (沐曦股份).

Ge Weidong personally invested 800 million yuan, and Chaos Investment invested 540 million yuan. Total investment was 1.34 billion yuan, heavily betting on it.

In December 2025, Muxi listed on the STAR Market (科创板). Its issue price was 104.66 yuan, and it surged to 895 yuan on the day of listing.

In just three short years, the book profit on paper broke through 20 billion yuan, and the return rate reached 1,824%.
This battle sealed him as a god in the market.

Even so, he still stepped into traps and lost a lot of money:
In the high position, he participated in the Youzu Network (用友网络) rights/placement for fund-raising (定增). The share price was cut in half, and billions of yuan of capital retreated. With no choice, he exited the top ten shareholders.

This loss made him permanently engrave an ironclad rule:
He will never go against the trend, never chase after high prices, and never touch non-mainstream tracks. He will never heavily position on emotional bubbles.

The common truths of top investment legends

Deng Yongping said: Doing the right things matters far more than doing things right.
Munger said: All extraordinary profits come from extreme patience.
Lin Yuan said: Making money isn’t hard; what’s hard is keeping a tight grip on the hands that trade too frequently.
Buffett said: Investing isn’t about intelligence; it’s about restraint and steadiness.

Ge Weidong’s 26-year wealth journey perfectly validates these four statements.

After 26 years of blood and tears, he summarized 5 trading mindsets that are most valuable for ordinary people:

1. Loss is not scary; ignorance and failing to review after losses are the most frightening
Two rounds of liquidation did not crush him; instead, they reshaped his trading system. All top高手 are “traded” into their skill through losses.
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2. Making big money depends on the era, not on luck
From the cotton cycle, to hard tech, to domestic AI GPUs, he always follows the main industrial line of the country.
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3. When you see opportunities, heavily position and hold the trend to the end
Trading frequently to make small profits vs. holding long-term to make big profits. Reduce operations and increase waiting.
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4. Risk control is always first. Respect the market and the rules
Those millions of fine orders and the pitfalls in placements made him remember for life: returns are secondary; staying alive is the core.
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5. Find patterns in chaos, and wait for certainty amid volatility
The market is always disorderly, but trends are always orderly. Don’t act too often; only fight the battles with high win rates.

 

26 years through wind and rain, from 100k yuan to a net worth of 35.5 billion yuan.
What truly widens the gap between people is not a momentary burst of extraordinary profit, but:
The ability to review after falling, the ability to hold firm through volatility, the ability to restrain when the行情 is hot, and the ability to take and hold the trend.

Ask yourself honestly:
If it were you, after two rounds of liquidation down to zero, would you still have the courage to start over again? #中软国际携手月之暗面布局AgenticAI $BTC $ETH