Chalk Group reveals' stock trading loss of 56 million yuan ', former CEO Zhang Xiaolong boasted last month about making a monthly profit of 53 million yuan from stock trading Hong Kong listed company Chalk Group (02469. HK) released its interim performance forecast today, disclosing that it sold several ETF products and listed securities purchased through the public market from July 1st to 7th, resulting in a total investment loss of approximately $8.3 million (approximately RMB 56.15 million). As of the close of last Friday (July 24th), among its investments measured at fair value with changes recognized in profit or loss, it still holds listed securities of three public companies with a total value of approximately $8.5 million. The board of directors stated that they will closely monitor the performance of the investment portfolio. On June 3rd, Chalk CEO Zhang Xiaolong announced in a lecture at Renmin University of China that he had used 80 million yuan in cash to enter the market last month and earned 53 million yuan in a month. He also advised students to "preferably invest in technology stocks and better in US stocks". However, due to the lukewarm response from the audience, he used foul language and left the market.