Volume 2: Storm Rising 2015 Chapter 246: Thousands of stocks begin to hit limit down!
June 19th is the last trading day before the Dragon Boat Festival holiday.
The vast majority of people are looking forward to it, hoping that Big A can stand up so that everyone can have a happy Dragon Boat Festival.
But Big A's temper is like an unpredictable girlfriend, always doing his own thing and never swayed by his own will.
When you always think you have figured out the bottom line of Big A, Big A will always swoop down on you at an unexpected moment, letting you feel the "joy" of looking down from a high vantage point.
After closing with a long shadow of 100 points again yesterday, the market today stopped pretending and just started to go downhill, opening low and closing low.
As many stocks fell in response and driven by the trend of sharp dives, the market plummeted all the way, falling below 4,700 points and then below 4,600 points, and even failed to hold the 4,500 points.
A series of critical hits have shaken the glass hearts of many retail investors. They wish they could transform themselves into former international football players, jump up and scold the A-share market for having "no shame at all"!
On that day, the market closed with a 300-point long negative line again since May 28. The market directly fell below 4500 points and plummeted to close at 4478 points!
More than 1,096 stocks in the two markets hit the daily limit, the entire stock market was a bleak green scene, and there was constant wailing inside and outside the market.
Even a casual passerby who does not trade stocks can tell how pessimistic today's stock market is from the startled wailing around him.
In just four trading days, the market plummeted from 5178 points to 4478 points, exactly 700 points, and the market value of the entire stock market evaporated by trillions of dollars.
The worst hit were the retail investors who entered the market at the peak. After four trading days, they were driven unconscious. Those with bad luck even suffered four limit downs.
Not to mention making money, the principal was cut by nearly half. Even the old investors who had enough money and were not worried had to panic.
After all, no matter how much floating profit there is in the account, it cannot withstand such a turmoil in the A-share market. If it continues to fall like this, all the money that has been earned with great difficulty will be lost.
Those who are under the greatest pressure are naturally those who use leverage and off-market financing. After all, leverage is a double-edged sword.
How happy you were when the market was booming, how miserable you are now when it continues to plummet. Once your positions are forced to be liquidated due to risk assessment, you will lose everything you have invested and may even end up in a huge debt.
Going from rich to poor is just a matter of a few limit downs. This is the power of leverage.
The rooftop is prepared for these greedy gamblers. One thought can lead to heaven or hell.
Just as Zhou Dongsheng was leisurely enjoying the fun of fishing in the countryside, a series of message alerts came from his mobile phone.
When I opened it, I saw that there was also wailing in the small group of four.
Huang Haoze: Dongsheng! I was wrong. I should have listened to you! I lost all my pants.
Chen Yuhang: Hehe, I learned my lesson this time. I should listen to Dongsheng and run fast, otherwise I would be buried there.
Huang Haoze: Ahhhhhhhh (The roar of the beast senior)
Zhou Dongsheng: It’s really spectacular that thousands of stocks hit the limit down!
As the saying goes, good words cannot persuade a damned person. Even though Zhou Dongsheng reminded him again and again, he could not persuade the greedy human nature.
After all, after Zhou Dongsheng left, the A-share market continued to advance rapidly in the first half of June, experiencing a real bull market and reaching 5178 points directly.
Before this, Huang Haoze and others even said jokingly that Zhou Dongsheng might have made a mistake this time, after all, Big A is still standing strong today.
Zhou Dongsheng was very calm about this. After all, he had just glanced at the "reference answers" and it was just like taking an open-book exam.
Although there were some questions that he couldn't answer even after looking at the answers, it didn't hinder Zhou Dongsheng from taking advantage of his unique advantages.
Compared with these "candidates" who are completely in the dark, it is like a summer insect talking about ice.
Principal Wang: I have to say that Dongsheng is still foresighted. This bull market has indeed come to an end. According to the information I have learned, regulators have been cracking down on off-market financing for some time.
This round of bull market is inseparable from the strong promotion of leveraged funds. The clear regulatory authorities’ dismantling of leverage is a major negative factor. Once this potential risk is triggered by any disturbance, it will lead to a large-scale stampede.
I think that this time, thousands of stocks hitting the limit down is just the beginning. The market will probably fall back the same way it rose.
After expressing his feelings, Principal Wang added: I didn’t expect that Dongsheng had anticipated this and had directly completed an escape operation at the secondary peak.
Although I don’t know what plot Principal Wang has imagined, Zhou Dongsheng just said one thing: Luck, it’s all luck. When luck comes, it’s really unstoppable.
The other three people were already used to Zhou Dongsheng's crazy and stupid behavior.
Although Huang Haoze shouted happily, he actually did not lose much. Moreover, as a rich second-generation with someone to back him up, he would not be seriously hurt even if he lost all his small treasury.
What's more, having followed Zhou Dongsheng's operations in the early stage, he had accumulated a lot of confidence, which was enough to deal with the situation of thousands of stocks hitting the limit down for the first time.
Huang Haoze: By the way, where has Dongsheng been having fun recently? He doesn’t plan to return to Guangzhou, right?
Principal Wang: Didn’t you go back?
Zhou Dongsheng casually took a photo of the fishing rod and sent it to the group.
Zhou Dongsheng: You've made so much money, you should slow down and enjoy life.
Principal Wang: You have only earned a few dollars and you are so arrogant. You are still young. How can a few hundred million be enough for you to spend? Stop after you earn tens of billions.
Zhou Dongsheng touched his nose, as if he had already achieved the goal of billions ahead of schedule.
However, after cultivating my character for so long, it is time to leave this paradise and start again.
Although I am just a hands-off boss, but as the business has grown, I have to take care of it occasionally, otherwise I never know when I might be sidelined.
You have worked so hard to build this empire, but you must not let it become a wedding dress for others in the end, otherwise you will become a laughing stock among those who have been reborn.
Although it is said that if you doubt someone, don't employ him, and if you employ someone, don't doubt him, but then again, no matter how cautious you are, you can never guard against a thief in your own home, so you must always be on guard against others.
The right balance in this regard depends on personal judgment.
Zhou Dongsheng stretched lazily. Although the float did not move, Zhou Dongsheng still decisively reeled in the rod. After all, he was not fishing for a fish.
He walked lazily back to the village. During this period of time, Zhou Dongsheng's unfamiliar face had become a familiar face in the villagers.
"Going fishing again!" the villager greeted kindly.
"Yeah, I didn't catch anything today, it's all empty-handed." Zhou Dongsheng greeted familiarly.
As soon as I walked into the courtyard, I saw Li Jiajia concentrating on beating wood pulp, and the camera next to her faithfully recorded the process of her recreating the papermaking technique.
This is also the first work in [Mu Ziqi]'s video series on restoring the Four Treasures of the Study using ancient methods, ancient papermaking.
Even if you have done your homework, if you want to fully restore the wisdom of the ancients, you still need to invest a lot of time and energy to try.
After these days of hard work, Li Jiajia has done quite well and has accumulated a lot of video materials.
"I want to go back." Zhou Dongsheng said straight to the point.
Li Jiajia paused slightly. Although she knew that all good things must come to an end, she still felt reluctant to leave.
Especially these days, Li Jiajia enjoyed the "man farming and woman weaving" life together, as if this was the life she was looking for...
However, Zhou Dongsheng is a big boss after all, how could he stay in this small village forever...
Li Jiajia put down the gavel, raised her head and smiled.
"Boss, just go and do your thing. I'll make you whatever you want to eat tonight!"
