Chapter 124 Please don’t forget me!
Li Yuan copied 100 million when the stock price fell to the limit.
Originally I just wanted to make a prototype, but in the blink of an eye other funds started to enter the market.
He knew that Lianying Technology would not let its stock price fall, but he thought that the other party would take a small bite today and then launch a large-scale attack tomorrow.
I didn't expect it to come so soon today.
He specifically released news yesterday, saying that he would make 400 million today.
The purpose is to tell the opponent that if you don’t stop me, I won’t play with you anymore.
Sure enough, the other party hit the limit down as soon as the market opened today, and at least 350 million chips were dumped out, which is not a small deal.
After seeing other funds entering the market, he directly issued an order, "Immediately invest another 500 million to close the board for Lianying Technology!"
After hearing this, the trader immediately said, "Boss, if we spend another 500 million, we will exceed the position limit."
Li Yuan: “…”
Hehehe…
Now you remember it clearly.
"Don't waste time, hurry up!"
"yes!"
In the end, the trader had to do as Li Yuan asked.
Another 300 million yuan of funds entered the market today, so Li Yuan's holding amount can be increased by 30 million yuan.
However, based on the current total capital scale of 6.3 billion, the maximum amount of held funds is just over 620 million.
If another 500 million is invested, it will obviously exceed the target.
His principle is not to break the rules.
so……
With the support of funds from multiple parties, Lianying Technology went from the lower limit to the upper limit in just twenty minutes.
Today, the first A-share floor-ceiling board was born in Lianying Technology, which has a market value of 198 million.
Half an hour ago, the market value was only 16.2 billion. Half an hour later, the market value became 19.8 billion.
From this we can see that the limit down is more terrifying than the limit up.
If a stock falls ten points today, it will need to rise 11 points the next day to return to its previous price.
Seeing that the price had reached its daily limit, Li Yuan was of course going to add fuel to the fire and immediately said, "Sell the 370 million... No, 410 million chips we held before."
In this way, his individual stock holdings would not be in violation of regulations.
Even though he knew there would be a market up tomorrow and he might be able to make tens of millions more, he did not get greedy.
Moreover, this amount of funds may easily give Lianying Technology's major shareholders the illusion that the short-selling force is still very strong and the price must continue to rise.
Almost immediately after Li Yuanqing cleared his previous holdings, Lianying Technology issued several announcements in succession.
The chairman increased his holdings by 300 million.
Major shareholder XXX holds more than 5% of the shares
Shareholder XX increased its holding by one million shares.
…
In fact, up to now, Li Yuan has lost about 50 million on this stock.
Although some people haven't lost money yet, they are definitely more panicked than I am.
The game only truly began at this point.
Because he was beaten, and according to his personality, he would feel uncomfortable if he didn't fight back.
This time, he chose a newly listed stock, Tianchuan Shares.
Tianchuan shares went public for less than a month, and after just four consecutive days of trading, it collapsed.
The original market value was more than 30 billion yuan, and the circulating shares were 40%. As a result, the turnover on the fourth day directly accounted for 86% of the circulating value. The transaction volume of 10 billion yuan directly buried the funds for hitting the board.
Then Tianchuan shares have been falling until now, almost breaking the issue price.
Without market makers to take over, the recent price drops are almost visible to the naked eye.
The reason why Tianchuan shares encountered this situation was actually because of short selling.
The short selling scale of a newly listed stock is as high as 4 billion.
This is simply telling others openly, come and short me!
Then, it was really shorted.
With 4 billion in margin lending, no matter how thick your health bar is, it will be wiped out.
Newly listed stocks are basically the favorite of private equity firms, and Tianchuan shares almost meet all the requirements of private equity firms for stock fundamentals.
The market value is large enough, and the circulation value is large enough, but there are many restricted stocks, and 60% of the stocks cannot be traded in the near future.
He chose this place to have another encounter with that group of people.
Because he didn't believe it, those people did not participate in Tianchuan Shares.
This is an IPO worth more than 10 billion yuan, and it is only listed on the fourth board. Even if they know the risks, they will rush in when faced with huge profits.
Otherwise, how could it be possible to make transactions worth tens of billions in a single day?
Don’t be afraid if those people don’t participate. You can attract them over yourself. They will definitely like to play with you in this kind of stock.
There were originally many restrictions on short selling, but in the end it became a matter of connections.
Even if most people meet the requirements, your short selling will generally not be approved.
With connections, the brokerage firm can lend you even its underwear to go to the casino.
Li Yuan doesn't even need to use tricks like short selling to defeat this group of enemies!
Well, it's like giving them a hand!
…
Shen Tianfu was thankful that his connections were not strong enough and he did not get much securities lending.
Most of Lianying Technology’s securities lending were obtained by people like Liu Shangyuan.
He borrowed 30 million yuan in securities, but no one looked at him seriously. Finally, with the endorsement of Tianfu Capital, they gave him 20 million yuan.
That's the reality.
Obviously, short selling can provide more room for maneuver, but he just can't get it.
Normally, a few million or tens or twenty million is no problem, but if the number exceeds this, it will immediately become unacceptable.
Seeing that Lianying Technology was stuck in a limit, he was unable to borrow shares, which was actually its biggest benefit.
Who could have thought that the chairman of Lianying Technology would come out with the shareholders?
Moreover, funds rushed out as if they were not needed, and the major positive news of holding more than 5% of the shares attracted countless funds to enter the market.
Tomorrow will definitely be a flat board, the day after tomorrow... take a rest...
It’s hard to say what the market will be like next Monday.
Because if the market remains flat tomorrow, they will lose all their money.
Those who borrowed short stocks today still made a profit.
In fact, they not only have securities lending, but also repo .
Borrowing Lianying Technology’s shares from other institutions and selling them on the market can also be considered an alternative form of short selling, but it is not stated explicitly.
There are some unspoken rules in the industry, and everyone is very low-key.
The stocks that were borrowed have already suffered losses today. After all, 300 million chips were eaten up at the limit down.
After the market closed, he reviewed it carefully.
It is normal to find that the chairman of Lianying Technology is furious. Lianying Technology relies on retail investors for its livelihood, but it suffered three consecutive limit falls and almost ruined the reputation of the retail investors.
If you don’t stand up, Lianying Technology will be finished.
To put it bluntly, they are too greedy.
It would be better for them to just let Li Yuan go, and then they would buy back the chips and repay the short selling and borrowing.
In this way, Li Yuan would lose 100 or 200 million yuan, and they would earn 200 or 300 million yuan.
"Liu Shangyuan is going to bleed heavily this time..."
He didn't lose much. Even if the stock price hits the daily limit tomorrow and continues to hit the daily limit next Monday, for him, the loss would only be a few million.
After all, he has poor connections, no borrowing and no short selling, so he can only absorb some of the money from the market himself and then dump the market at the critical moment.
But Liu Shangyuan would definitely not let him feel so comfortable...
If there is another battle, he will definitely be the main player.
In this battle, everyone's attention was on Li Yuan, and they completely ignored the thoughts of Lianying Technology's major shareholder. He held the most stocks and was the strongest in the field, but he was inexplicably ignored.
This time, they shorted more than 500 million yuan and borrowed nearly 1 billion yuan. If there are two more boards, they will lose at least 400 million yuan.
If there are three boards, the loss will be 650 million.
If there are eight boards, the loss will be 1.5 billion, and if there are sixteen boards, the loss will be 4.5 billion!
This is short selling...
If the other party does not give you the opportunity to close your position, you will have to bear all the losses.
At around six o'clock, someone found him specifically.
The message conveyed is simple: Tianchuan Shares, go long.
Has Li Yuan entered Tianchuan shares again?
Did you feel that the opportunity had come when you saw Tianchuan shares were falling and about to fall below the issue price?
But the funds in Tianchuan Shares are so complicated that they are more tangled than tangled hair. No one can figure it out, so how can they dare to enter the market?
He still has millions of Tianchuan shares in his hands.
All I wanted to do was eat some meat, and then I got beaten.
He has already laid down, with only a few million in total, and he doesn't want to come out, and he is too lazy to even look at it on weekdays.
It's nothing more than waiting for the funds inside to be sorted out and retaining a little bottom position, so that you may be able to get something good later.
After all, Tianchuan shares' fundamentals are very suitable for large funds.
It was pretty much what he expected. Liu Shangyuan and the others wanted him to take the lead.
After all, it is still unclear how much money Liu Shangyuan and others have lost in Lianying Technology.
If those shareholders have bigger appetites, Liu Shangyuan and his group's losses will start from 700 million, with no upper limit.
"Tianchuan shares are good, and we are long on them, so the loss is limited."
The most important thing is that the major shareholders of Tianchuan Shares will not jump out to cause trouble, and the biggest factor of uncertainty is gone.
After fighting with Li Yuan once, he really didn't feel how powerful Li Yuan was, and he was lying down the next day.
Unfortunately, I was too lucky on the third day...
He completely ignored how unfair it was that so many people were fighting against one person.
The Friday he had been waiting for came.
I bought 20 million worth of Tianchuan shares at the opening, keeping a base position first.
The falling stocks finally showed some movement, and the funds inside them also became active.
Anyway, Shen Tianfu had a headache looking at them because he had no idea who was who inside.
He didn't believe that Li Yuan could see the situation clearly...
…
Well, Li Yuan couldn’t see clearly either.
But he knew that his opponent had arrived.
Unfortunately, now is not a good opportunity, because we have to sort out the funds first.
The best way is to use large orders to pull and large orders to smash.
After pulling and hammering, it will become smooth naturally.
During the lunch break, Li Yuan saw Yu Yue with a smile on his face.
After all, the fund's net value surged by seven points yesterday, severely hitting those who were pessimistic about Qingtian Capital .
Now the comments section of Li Yuan's account has changed direction, and everyone is asking Li Yuan to lift the subscription limit. They haven't gotten on board yet...
Current net worth: 1.188 (+7.01%)
Nearly twenty points in four days, who wouldn’t be jealous?
Those who redeemed the money must be regretting it to death.
I started scolding those accounts that spread rumors before, but those internet trolls were not moved at all.
"Mr. Li, do you want to remove the subscription restrictions?"
Yu Yue asked.
However, Li Yuan shook his head and said, "That's it. It's not advisable to have too much money every day."
"Well, okay. But you have to be prepared. The amount of funds purchased today is a little more than before. It's only been half a day, and it's almost 1 billion already."
Even though the limit is 50,000 per person, there is still such great potential.
In the past few days, the doubts about the opponent have been gradually dispelled, because no one's opponent can achieve this.
With a scale of over 7 billion, how much money does the opponent need to mobilize?
Without tens of billions, is it possible to control the rise and fall?
With tens of billions, is it still necessary to go to so much trouble to deceive people?
Of course, this does not completely dispel the doubts. In theory, the current situation can still be manipulated by humans.
“It’s just the beginning…”
One billion yuan, 50,000 yuan per person, that's only 20,000 people applying.
Even if the number doubles for a whole day, it would only be 40,000 people.
This is not one of those people who keeps talking about family and selling products.
He makes money with his family.
More than three million fans, can’t get 400,000 people?
Adding some rumors, he doesn't find it strange that the number of fans exceeds three million, making it four million.
What he wants is people. With people around, he can turn the situation around at any time.
Just having too much money is not something he can manage with his current background, and he will only become a thorn in the eyes of others.
"By the way, help me make an appointment with the chairman of Lianying Technology and tell him that I want to buy some of their shares, about 4%, based on the average transaction price in the past month."
"Yes! I'll contact the other party right away."
Yu Yue didn't know what Li Yuan was going to do.
But he knew that Li Yuan must be planning something.
For Li Yuan, it is not important whether to acquire the company or not. What is important is to let Lianying Technology persist. If it pulls one more board, his enemies will lose hundreds of millions.
It is not against the rules to put on eye drops.
There is no rule in the world that prohibits putting eye drops on people.
Friday closed quickly.
After six o'clock, Li Yuan knew the net value.
1.2628 (+6.3%)
In five trading days, I made a profit of twenty-six points.
In other words, the one million yuan invested on the first day has earned more than two hundred and sixty thousand yuan.
On Saturday and Sunday, he planned to take a good rest and accompany Zhou Ranran to experience the kitchen, living room, balcony, corridor at home...
When I was passive before, the psychological pressure was indeed great.
Now that he has taken the initiative, he can control the rhythm and can fire a shot at the opponent whenever he wants.
It's not like before, I couldn't control it at all.
Sometimes you surrender right from the start, and sometimes you feel really unhappy but you just have to force yourself to keep going.
…
"It's Saturday! Should he be free to treat me to dinner?"
Wen Yuxian thought so.
…
"You must be resting on Saturday. After all, you've been busy all week. That's understandable. Now it's Sunday, you should take the initiative to treat me to a meal, right?"
Wen Yuxian continued to think.
…
"It's Monday again... It's normal. After all, his company has just started operating, and there must be a lot of things to worry about."
"I will definitely be free next Saturday. School will start soon. He will definitely not forget me, the eldest daughter of Oriental Lithium Energy, a female financial anchor with four million fans, a junior at the School of Finance, and the top female fighter at Jiutian Media!"
…
“Ahhh… please don’t forget…”