Can’t stop laughing—Zhang Xiaolong was educated by the market this time 😂


According to the latest announcement from Pencils, between July 1 and July 7 the company sold some ETFs and stocks, with a cumulative loss of $8.3 million, which is roughly RMB 56.15 million.
Remember, in early June, Zhang Xiaolong went to the National People’s Congress to give a career planning lecture, bragging that he put 80 million yuan in cash into the market the previous month and made 53 million yuan in one month.
The students in the audience were indifferent; Zhang Xiaolong’s emotions got out of control, he swore and left.
One month later, the companies under the stage turned around and cut their losses, losing 56.15 million yuan—almost exactly the same back to the market.
Meanwhile, Pencils’ first-half outlook is expected to swing from profit to loss, with net losses potentially reaching up to 200 million yuan; today the stock price once fell nearly 17% intraday, setting a new all-time low again.
In the end, this “career planning lesson in the AI era” from Pencils was still taught to the market in person 😂
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