At one o'clock sharp in the afternoon.
The casino is open to welcome guests.
On the projection screen of Henglong Meeting Room, the numbers jumped a bit.
5.95→5.75
The first transaction at the opening was 0.2 Hong Kong Dollar.
Chen Xi took a deep breath.
"They are trying to penetrate Opening Price first."
Her voice was tight,
"At the position of 5.7, the closing price of Friday is 6.72, which is equivalent to a 15% drop in one breath."
Zhao Chen stood in front of the screen and said nothing.
Zhang Qingxue stared at the first thread on Time-sharing Chart, frowning.
"Do they think they didn't see the brokerage's announcement that 'the risk of liquidation has been lifted'?"
"I saw it." Chen Xi said,
"But what they are betting on is that retail investors will panic and stampede faster than anything else."
She called up real-time transaction data:
"Ten seconds after the market opened, Trading Volume already had 3 million shares.
At least 2 million of them are retail investors.
They just want to smash out the Panic Selling of retail investors, and then use these chips to continue to play lower."
Zhao Chen finally spoke:
"Let's do it."
Chen Xi nodded, put his fingers on the keyboard, and said into the headphones:
"Attention all accounts, enter the market in batches as planned.
In the first round, Wantang 2 million shares and Ms. Shen 2 million shares were sold, eating up all the sell orders at the price of 5.75-5.79."
Several "received" sounds came from the earphones.
The screen starts to pulse.
5.75, 1.2 million shares were traded.
800,000 shares were traded on 5.76.
500,000 shares were traded on 5.77.
The first line slowly turned around.
"Short Sellers is pressing." Chen Xi stared at the market, "At the 5.79 position, they placed another sell order for 3 million shares.
We eat up one wave, and they add another wave."
"How much funding is there?"
"Currently, we have at least 50 million ammunition."
Chen Xi said, "But this is the first line of defense, and there will definitely be more behind it."
Zhao Chen said nothing.
He just looked at the thread and climbed up bit by bit.
5.75
5.76
5.77
Every penny increase is made from real gold Silver.
At 1:20 p. m., a certain securities firm Trading Room.
A trader wearing gold-rimmed glasses stared at the screen with a smile on his face.
"Market Defense Funds has entered the market." he said.
The middle-aged man standing next to him nodded. He was the fund manager of a certain Hedge Fund.
"How much funding?"
"Currently, it's less than 20 million."
The trader said, "It is scattered across several accounts, and the techniques are very professional. It should be the people over at Zhao Chen who are protecting the market."
The fund manager narrowed his eyes:
"Take your time. Let them push slowly.
Below 5.8, we sold 8 million shares. Below 5.9, there are still 12 million shares. 6 yuan--"
He paused:
"I have prepared 20 million shares for 6 yuan. I want to see how much money Zhao Chen has to put in."
The trader licked his lips:
"What if he takes all the 20 million shares worth 6 yuan?"
The fund manager laughed:
"Do you think a company that has just completed Rights Issue, just signed Share Transfer Agreement, and is in the regulatory window period dares to spend hundreds of millions on Secondary Market to protect its market?"
He shook his head:
"He didn't dare. So we will definitely win today's round."
One o'clock in the afternoon and ten minutes to the west.
Chen Xi's fingers were tapping rapidly on the keyboard.
"Wantang's first round of 2 million shares was completed, with an average price of 5.76."
She reported, "Ms. Shen 2 million shares were traded at an average price of 5.77. The current stock price is 5.79."
Zhao Chen looked at the line on the screen that had climbed 0.04 Hong Kong Dollar and asked:
"How much did it cost?"
"32 million." Chen Xi said.
"How much funding is left?"
"The funds are still sufficient."
Zhao Chen was silent for two seconds.
Short Sellers has only played one card so far, and it has cost them more than 30 million.
There are three gates at the back: 5.8, 5.9, and 6 yuan.
According to this consumption rate, his financial pressure is not small.
"Go on," he said, "Eat all of Short Sellers's first line of defense."
Chen Xi nodded and said into the headphones:
"In the second round, Director Song bought 1 million shares and Director Zhang 2 million shares. Take all the sell orders at the price of 5.8."
The screen starts jumping again.
It's exactly two o'clock in the afternoon.
The stock price stands at 5.85.
Chen Xi took a long breath.
"The first line of defense has been broken." She said, "Short Sellers's pending orders below 5.85 were taken by us. We used..."
She glanced at the statistics:
"It cost another 28 million."
The cumulative investment has reached 60 million.
Only half of Song Zhongping and Chen Qiming are left.
"How much funds are left?" Zhao Chen asked.
"Your personal funds are still sufficient," Chen Xi said,
"Only additional funds will be added later, and the loan agreement will need to be supplemented."
She paused:
"The five of us want to buy a total of 35 million shares, and the total loan agreement limit signed at noon is Two Hundred Million. There is currently 140 million left."
On the screen, the stock price fluctuated slightly above 5.86.
Short Sellers did not continue to press downward, but set up a new line of defense in the 5.86-5.9 range.
Chen Xi adjusted the selling order distribution, she raised her head:
"This is the second line of defense, with a total of 20 million shares. Excluding Follow-up Orders, there are at least 10 million shares."
Zhao Chen said nothing.
Zhang Qingxue asked softly, "Can we use our funds to eat them all?"
Chen Xi shook his head. "It's difficult. With our small amount of funds, we won't have the energy to push it up after eating."
The office was quiet for a few seconds.
Zhao Chen looked at the sideways oscillating line on the screen.
He knows that Short Sellers is waiting.
Wait until they are exhausted, and then continue to smash down.
"Chen Xi," he suddenly said, "How much money do we have left?"
"You still have 280 million in your personal account." Chen Xi said, "But there is only 100 million in it to pay for the share transfer.
The rest are used to deal with extreme situations and cannot be used here."
"I know." Zhao Chen said,
"I can't take care of that much for the time being. Aunt Zhang will prepare two more loan agreements for Wantang and Ruyi."
Chen Xi was stunned for a moment.
"You want to eat up the selling orders within 5.9 and drive the market sentiment."
Zhao Chen nodded.
"Yes." He said, "Eat enough of the food within 5.9, and don't worry about it later."
He looked at the screen with calm eyes:
"I want them to think we are out of ammunition and food."
Chen Xi's fingers paused.
Then she understood.
This is to lure the enemy.
Let Short Sellers think they have no strength, and then... wait for them to take the initiative to smash down, and then hit them with a backhand.
"Understood." she said.
Driven by the large order sweep, the stock price of Henglong quickly exceeded 5.9.
Just when the short side thought that Market Defense Funds was going to hit the 6 yuan mark in one fell swoop, they found that Buying Pressure seemed to disappear when the stock price reached above 5.95.
The 6 yuan mark, which is heavily guarded by the bears, is unbreakable.
However, since all the previous positions were lost, if the short side wants to counterattack, it can only deploy troops from 6 yuan.
The stock price fluctuated around 5.95.
Short Sellers It can be seen at a glance that the pallet party has no follow-up funds.
Otherwise, we wouldn't do this kind of thing where we go all out in one go, then fail again, and end up exhausted three times.
Seeing this, the short side transferred 1 million shares to give it a try, but the stock price on the screen collapsed at the first touch.
5.94
5.92
5.88
Seeing that the pallet funds were not doing anything, Short Sellers immediately pushed forward with heavy troops at the 6 yuan mark.
"They are taking action." Chen Xi said, "They are smashing it down."
Zhao Chen still didn't speak.
He looked at the line and slid it down bit by bit.
5.85.
5.84.
5.83.
Suddenly, the line stopped.
Chen Xi's pupils shrank:
"Someone's coming in."
On the screen, a buy order for 5 million shares suddenly appeared, first swallowing up all the sell orders for 5.81.
Immediately afterwards, there was another 5 million shares.
Another 5 million shares.
Three transactions, 15 million shares.
The stock price rose from the first line of 5.81, crossed 5.85, and crossed 5.9 - once again approaching the 6 yuan mark.
Chen Xi was stunned.
She looked at Zhao Chen.
Zhao Chen also had a hint of astonishment in his expression.
"It's not the person I arranged," he said, "It's someone else."