Chapter 16: You’re Find your next favorite novel on NovelHub today!
He had liquidated his position, leaving 20.38 million in his securities account, having made a profit of nearly ten million.
No matter whether the dealer chose the second or third option, there would definitely be another small market movement next.
This was because several billion from institutional funds were still in the market. Until those funds were cashed out, they wouldn’t crash the market.
Lu Liang’s small family business meant that he could easily exit if the market took another turn. No matter what, he wouldn’t lose.
Having thought this through, he no longer hesitated and used half of his position—about 10 million.
He bought back in at the price of 30.98 yuan, helping the stock price break the 31 yuan mark again.
Meanwhile, he received a call from both Banquan Road No. 12 and Wenzheng Road No. 24, with their suspicions aligned. They no longer doubted each other.
“What do we do?” asked No. 12.
“Exit now? Trap him inside?” suggested No. 24.
No. 129, filled with anger, could only shake his head. “No change. The plan stays the same.”
He was furious but powerless. Their opponent had sold off once already, and this time they bought in with much less—probably not even ten million.
They couldn’t change the plan just because of one person. They would have to raise the stock price further to make up for this loss.
“Each of you put in another 20 million, and let’s push the stock price above 40 yuan…”
At exactly 3:00 PM, the stock market closed. The miracle reversal that countless retail investors had hoped for in the final moments did not materialize. Рã₦Ȯ฿ÈŜ
Chinese Online closed at 31.30 yuan, with a drop of -1.55%, ending the day's trading.
"Was it the second option?" Lu Liang muttered.
Unless something unexpected happened, tomorrow the market would either open lower or continue to decline. The rally would probably come next week, and the trend would soon be over.
He felt a bit disappointed. The institutions inside clearly didn’t have the same guts as the one behind Baofeng Technology.
If the stock had been aggressively pushed up in the final minutes, or if a drastic price movement like a ‘limit-up’ had occurred, it could have become the second "Baofeng."
It was clear they didn’t have the guts. They must have been afraid of getting summoned by the CSRC for a chat.
Lu Liang organized his notes, walked out of the study, and was greeted by the sweet scent of freshly baked bread.
The dining table was set with several plates of fresh pastries.
“Good girl,” Zhang Qian snapped, scolding.
“Isn’t that so?” Lu Liang raised an eyebrow, then smiled. “Uncle Lu is your mom’s boyfriend. Next time, if she talks about you, just tell Uncle Lu. Uncle Lu will handle her.”
“Lu Liang!” Zhang Qian blushed and scolded.
“Really?” Zhang Yun’s eyes lit up. She clearly wanted to ask more, but Zhang Qian covered her mouth.