"'Financial Street Fuxing Road' capital, it's really damn ruthless."
At the same time, the other "Gusu Faction" speculative funds linked with He Chong's "Gusu Northwest Street Sales Department" trading seat instantly lost more than 10 percentage points of profit in their accounts.
Among them, Zheng Jinming, a speculative investor trading from the "Gusu Renmin Road Sales Department" seat within the "Gusu Faction" main speculative funds' internal group, couldn't help but curse at this moment.
"'Financial Street Fuxing Road' capital is simply brutal. 550,000 lots of chips were dumped in an instant, damn it... no matter how strong the market sentiment, it can't withstand such a heavy sell-off!"
Old Liang from 'Yuhang Cultural Road' also complained angrily,
"It was a waste that we even helped this guy push for a limit-up earlier."
"Over 700,000 lots of buy orders at the opening, and 500,000 lots disappeared in an instant. For a moment, I really thought I was seeing things,"
Said Zhang Xinlei, a speculative investor from 'Modu Jinling Road' who is also part of the 'Gusu Faction' speculative funds circle.
"'Financial Street Fuxing Road' capital simply has no martial ethics."
"There's nothing we can do. Now the 'Meiyan Jixiang' market has collapsed, we can only be forced to sell,"
He Chong sighed and said,
"Next time we encounter 'Financial Street Fuxing Road' capital, we'll definitely sell off in advance out of respect."
After speaking, he cleared all the 'Meiyan Jixiang' stock chips in his account with a single click, without hesitation.
And as the entire 'Gusu Faction' fled the market.
The stock price of 'Meiyan Jixiang' only fluctuated at the flatline for a minute or two before once again plummeting straight down to the limit-down, in a flash crash.
And at the same time...
When the two markets officially opened, all the "Zhengjin holdings" concept stocks, as well as "new secondary stocks," "state-owned enterprise reform," "internet finance," and other concept stocks that had rallied sharply due to the limit-up trend of 'Meiyan Jixiang' at the open.
also experienced a full-scale sell-off at this moment, no longer maintaining their strong opening performance.
Almost in an instant, the short-term speculative sentiment of both markets, and even the overall bullish sentiment of the market, were crushed by 'Meiyan Jixiang'.
"My god, 'Meiyan Jixiang' isn't going to turn into a sky-to-earth board, is it?"
Noticing that the entire market's bullish sentiment was rapidly reversing with the collapse of 'Meiyan Jixiang', Zhao Qiang, in the 'Yuhang Faction' main speculative funds group, looked at the market trend of 'Meiyan Jixiang' in surprise and said.
"This pattern, it feels like a high probability of a sky-to-earth board."
"The moment the market officially opened, the super sell-off of over 400,000 lots on 'Meiyan Jixiang's' trading screen, that must be the 'Financial Street Fuxing Road' capital that had been locked up before, right?"
"It's definitely the 'Financial Street Fuxing Road' capital; other major funds involved don't have such a large volume."
"This kind of profit-taking through dumping is truly brutal."
"The trading style of 'Financial Street Fuxing Road' capital is aggressive and decisive, so this kind of move is not surprising!"
"Over 400,000 lots, a capital volume of 500 million."
"In this wave, 'Financial Street Fuxing Road' capital truly made a huge profit."
"At least 200 million in profit, right?"
"More than 200 million,"
Zhao Qiang said.
"'Meiyan Jixiang' started from the bottom and completed the leadership switch with 'Teli A'. At that time, 'Financial Street Fuxing Road' capital dominated the market trend. I remember when this capital first entered 'Meiyan Jixiang's' market, it was about 200 million. Looking at it this way... 'Financial Street Fuxing Road' made nearly 300 million in profit."
"Holy crap, making 300 million in profit from a single stock is unbelievable!"
"If 'Meiyan Jixiang' really hits the limit-down, an arbitrage opportunity could arise,"
Sun Chengyu, who had been silent, suddenly said as the speculative investors in the group marveled at 'Financial Street Fuxing Road' capital's sell-off tactics and capital volume.
"In 10 minutes, the trading volume is almost 3 billion. 'Meiyan Jixiang's' turnover rate today will surely hit a new high, and even if the sentiment for such a leading stock suddenly collapses, it's difficult for an 'A-kill' situation to form. If it truly hits the limit-down, arbitrage funds will definitely come in to profit."
"If it hits the limit-down, it is indeed a short-term speculative buying point,"
Zhao Qiang pondered and asked,
"Sun Ge, will you participate in this arbitrage you're talking about?"
Sun Chengyu replied,
"I only do upward relay for leader stocks. This kind of arbitrage opportunity doesn't fall within my trading model, so I naturally won't participate. I'm just giving everyone a heads-up."
As he spoke.
At 9:42, the stock price of 'Meiyan Jixiang', under the concentrated selling pressure of profit-takers, plummeted to the limit-down, displaying a sky-to-earth board trend.
But once its stock price hit the limit-down.
Just as Sun Chengyu expected, short-term funds seeking to arbitrage "dragon's head reversal" began to rush in to buy at the bottom.
Among them, Xu Liusheng, a top market speculative investor trading from the "Huatai Securities Shenzhen Yitian Road Rongchao Business Center Sales Department" seat, seized this arbitrage opportunity and injected a large sum of capital to take on the selling chips of 'Meiyan Jixiang' at the bottom.
In fact, for leader stock relays.
He preferred to gamble on the limit-down and was more fond of anticipated arbitrage for "dragon's head reversal."
Under the influx of numerous bottom-fishing orders and short-term arbitrage funds, the stock price of 'Meiyan Jixiang' swiftly jumped up from the limit-down, and within about fifteen minutes, it had rebounded to positive territory, showing signs of again challenging the limit-up.
"Hmm..."
Noticing that 'Meiyan Jixiang' had surprisingly risen back into the red from the limit-down, Su Yi was slightly surprised by its market trend.
However, he knew that since the sentiment had already reversed and the stable internal chip structure had reverted to chaos, a dying struggle would be futile.
Indeed, after 'Meiyan Jixiang' rallied all the way from the limit-down to around a 5% gain.
With no major speculative funds daring to continue pushing for a limit-up, its stock price, under the renewed weakening of market sentiment and expectations, had no choice but to gradually trend lower.
Even during the late trading session in the afternoon.
When everyone realized the "dragon's head reversal" expectation was shattered.
The market for 'Meiyan Jixiang' experienced another brutal, rapid sell-off.
Ultimately, when both markets closed, despite a full-day turnover exceeding 50%, the stock remained locked at the limit-down, ending its run in a "sky-to-earth board" pattern.
It buried over 8 billion in capital that had bought in during the day, concluding the most glorious and dazzling period of its history since listing!
And at this moment, facing the "sky-to-earth board" trend of 'Meiyan Jixiang'.
Su Yi gazed at his stock account, which had completed its liquidation, with total assets amounting to a staggering 663 million.
He finally smiled with satisfaction.
(End of chapter)
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