210: The clash between 50 billion and institutional investors left speculative funds completely bewildered!
Wang Lin did not know.
This round of remote maneuvering today had even alarmed the Village Chief's side.
But then again.
The rise of Brokerage Firms today was indeed too rapid and aggressive, especially since it involved terms like 'interest rate cuts.' It was no wonder the Village Chief was sensitive.
If this matter were exposed prematurely, it could lead to major trouble.
Fortunately, most people were only speculating and marveling at the insane surge of brokerage stocks today.
A surge without any warningthat was truly fierce.
That evening, Wang Lin also saw the rise of brokerage stocks.
[The Morgan Family Tests the A-Share Market Waters! foreign capital Becomes the Main Driver of This Brokerage Stock Surge!!]
It was only when Wang Lin heard Zheng Huan's report that he saw a message pushed by the system.
Zheng Huan said nervously, "Since time was too tight, and I was afraid the opportunity would slip away, I chose to immediately pull up the price. Boss, what do you think?"
Wang Lin smiled and waved his hand, saying, "You did very well this time. Go to accounting and withdraw 100,000 yuan. Go out tonight with the brothers for food, drinks, and fun. I now know who the opposing party is. Tomorrow, I will personally clash with them!"
When Zheng Huan heard this, his eyes were filled with disbelief.
The Boss had spent the whole day out with a minor celebrity, yet upon returning, he claimed he already knew who was confronting them this time!!
This kind of method was simply invincible!!
They knew that during today's trading, they had already sensed that the opponent's strength was considerable.
Their trading methods were very seasoned.
If they hadn't been constantly staring at the trading screen, paying attention to every change in data, they probably wouldn't have discovered the opponent was accumulating shares.
The Boss likely saw this point, which is why he rewarded them with 100,000 yuan today.
100,000 yuan wasn't a large sum, but the significance it represented allowed Zheng Huan to finally relax.
Zheng Huan chuckled, "We still have work tomorrow, Boss. I'll take the brothers out for some good food, but we won't drink alcohol."
Wang Lin waved his hand, allowing him to leave.
Tonight, he could properly study this foreign capital. Knowing the enemy and knowing oneself ensures victory in every battle.
.
The next day.
Over in Hong Kong, the atmosphere was very lively.
To adapt to the time difference of the A-Share Market, the Morgan Family's Trader team had already moved into an office building in Hong Kong.
Even though their plan was exposed yesterday, a command from their boss allowed them to snatch some chips at the last moment.
These chips were enough for them to cause trouble.
Therefore, today, they were completely calm!
However, on the domestic side.
In many financial Institutions, like those in Shanghai, the entire company was filled with a somewhat restless atmosphere.
The brokerage sector, after several days of fluctuation, once again hit a strong Limit Up.
This was the stock that benefited the most from the opening of the Shanghai-Hong Kong Stock Connect.
Yesterday's Limit Up in this sector truly made people imagine many possibilities.
At 9:15 AM, including Retail Investors, Hot Money, Institutions, foreign capital, and even the National Team.
Everyone involved had fixed their gaze on the trading screen.
The call auction already showed the heat surrounding the brokerage sector.
If the price surged again today, it wouldn't even need to hit Limit Up; just around 5 percentage points would be enough to completely break away from this platform and enter a new phase.
This was also a key point of focus for many people.
If the chips held at this platform could all be liberated, then it would be confirmed safe to buy.
Some aggressive individuals believed that since the chip accumulation yesterday was so obvious, there would definitely be a crazy surge today. Therefore, this group of people placed limit up sweep orders early.
They were afraid of not being able to buy in.
Of course.
In this stock market, too many people harbored suspicious minds.
Could the brokerage sector really break through?
Could the opening of the Shanghai-Hong Kong Stock Connect truly lead the market into a bull run?
Even if you add the matter of first-home loan interest rates, it probably wouldn't be enough, right?
With these thoughts, many people decided to wait and see for another wave.
At the very least, they would wait until a new high was reached.
But during today's call auction.
Neither Wang Lin nor Morgan Ored made a move.
They simply allowed Retail Investors, Hot Money, and Institutions to buy or sell freely.
Even if the price shot straight to Limit Up today, Wang Lin would not make the first move.
His inaction naturally stemmed from his own considerations.
Holding chips worth hundreds of billions of yuan, Wang Lin now wished someone would help him push the price up.
There weren't many liquid chips left in the market now.
At this time, whoever pulled the price up would be helping Wang Lin carry the sedan chair.
Of course, yesterday's aggressive foreign capital didn't count; they genuinely had a chance to defeat Wang Lin.
This was definitely a powerful dragon crossing the river!!
Therefore, it was a perfectly normal operation for Zheng Huan to rush and accumulate chips alongside the foreign capital yesterday.
But today was different.
The two sides were now like masters exchanging blows; whoever lost their patience first would lose.
9:25 AM.
The call auction ended.
As expected, the brokerage sector opened significantly higher due to yesterday's scramble for chips.
CITIC Securities was still the most fiercely contested stock, opening 4.9% higher!
It was simply insane!!
It broke through to a new high in one fell swoop.
The other small-cap Brokerage Firms also followed suit.
Wang Lin looked at the trading screen and issued his first command: "As soon as any brokerage stocks exceed 6 percentage points, Dump Stock immediately!"
This scene left the Traders completely bewildered.
What was going on?
Shouldn't they continue to open high and climb higher today, preventing those who wanted to accumulate chips from getting them?
But Wang Lin's words were already deeply engraved in their minds.
Five minutes flashed by, and they only had enough time to check which stocks were about to reach the 6 percentage point line.
And also to assign which personnel would watch which stock.
This time was barely enough for that.
As soon as 9:30 AM arrived, the stock market officially opened.
CITIC Securities, this major speculative stock and major dragon head stock, was the first to be pulled up by capital.
This capital was highly complex, almost reaching the level of combined effort.
There was Hot Money, Institutions, and even foreign capital.
Millions, even tens of millions, in capital were flying chaotically across the screen.
This capital surged most fiercely right at the market opening.
They were betting that CITIC would hit a second consecutive Limit Up today, leading the brokerage sector to continue its breakout.
Even Alliance Leader Zhang invested more than 30 million yuan into CITIC Securities.
Alliance Leader Zhang looked at today's trading screen and laughed, "I didn't manage to buy yesterday, so today I'll buy a little of CITIC, this dragon head stock, just following Brother Junlin!!"
This capital, amounting to tens of millions before and after, and even hundreds of millions when combined.
It began sweeping upwards, quickly pulling the market up to 6 percentage points in just over ten minutes.
When the Traders saw this, they held nothing back.
Hundreds of millions of yuan were Dumped Stock instantly.
Without the slightest hesitation!
The Stock Bar was also frightened by this fierce momentum.
"Holy crap, today is truly a battle between gods! How long has it been, and CITIC has already released over 2 billion in volume!!"
"It's a meat grinder! But why do I feel like the bears have the upper hand? Have you noticed that not a single brokerage stock broke through 6 percentage points? They were all fiercely Dumped Stock the moment they reached 6 points!"
"The bears are too fierce. They aren't going to unload their shares right here, are they?"
"I bought CITIC during the call auction anyway. I don't care if they unload shares or not, I'm bullish today!!"
"Me too. I placed a Limit Up buy order last night. I'm busy working today and don't have time to check the highs and lows. I just decided the call auction was the lowest point."
Hong Kong.
On the foreign capital side.
Morgan Ored was also somewhat excited: "They're starting to unload shares at this point? A bunch of inexperienced rookies! brokerage stocks are bound to surge. Take as many chips as they throw, and push the price up!!"
At this moment.
The two biggest bosses in the market, Wang Lin and Morgan Ored, immediately played their trump cards right at the opening.
One wanted to blindly all-in, and the other wanted to blindly Dump Stock.
The battle for the 6 percentage point mark lasted for a long time.
It even lasted until 11:00 AM, with the brokerage sector as a whole releasing tremendous volume, perhaps even double the usual amount.
A cold smile flashed across Wang Lin's lips: "Alright, you can let go now. Push it to limit up and create the illusion that the bears have been defeated!"
Zheng Huan could no longer keep up with Wang Lin's pace; he could only instruct the Traders to act quickly.
Without Wang Lin's suppression, and with foreign capital frantically sweeping up shares, the brokerage sector instantly hit the limit up at 11:01 AM.
To describe it as an instant sealing was perfectly normal.
The moment CITIC Securities sealed the limit up, Wang Lin asked, "How many chips did we unload in this wave?"
A Trader immediately replied, "Reporting, Boss. We sold a total of about 26.9 billion yuan worth of chips today, and bought back more than 4 billion yuan worth in this surge!"
Wang Lin knew the score. It seemed the foreign capital side didn't have many chips left after yesterday and today.
Then it was time to act!
"Now, go gather short orders from the market. I believe those Institutions will be happy to lend them to us right now!"
"After completing that, take 20 billion yuan worth of chips and Dump Stock, aiming for deep losses! If we can hit limit down, even better!!"
That single sentence sent a chill through all the Traders present.
Brother Junlin, is he going to unload shares at this moment?
Or is he going to ruthlessly trap the big shot who entered the market yesterday?!
Was this timing really correct?
What if earth-shattering good news arrived at this very moment?
Brother Junlin might crash and burn, right? Placing so many short orders is like pulling chestnuts out of the fire!!
Someone wanted to ask a few more questions, but they were silently signaled by the person next to them to shut up.
How could they interject in a confrontation between titans?
There was too much information that they were unaware of.
If speaking up now affected Brother Junlin's judgment, what would they do?
Moreover, Brother Junlin had never suffered a defeat throughout his career.
How could they use their narrow perspective to glimpse the heavens?
They dared not think further and could only proceed with the operation immediately.
At this time.
The entire brokerage sector had entered a complete climax.
It was clear that the bulls ultimately won the bull-bear confrontation that occurred around 10 AM.
"Too strong! I knew Brokerage Firms would definitely surge!!"
"CITIC Securities hit its second consecutive limit up! I feel like I see many more consecutive limit ups waving at me!!"
"I don't care about anything else. The fluctuations these past few days didn't shake me out because Brother Junlin's trading seat hasn't unloaded shares. If he hasn't moved, what do I have to be afraid of?"
"It has to be you! No matter what your belief is, you just stick with this person all the way!! That's how stock trading isdon't waver, and eventually, your path will come!"
"That's truly amazing! Brokerage Firms pulling up like this has lifted the overall market index again. It's already surpassed 2480 points, so crazy!"
"Such a crazy surge, can it really last? I feel like I need to reduce my position first!"
"Coward! Reducing your position at a time like this, you're truly a coward. Haven't you seen that the market is showing signs of bulls? What are you thinking selling now?"
Among domestic Institutions.
At the peak of such fervent bullish sentiment for Brokerage Firms, the few Institutions holding the most shares,
like E Fund Management, Huatai-PineBridge Fund Management, and BOC, all received requests for securities lending.
Although it was unknown who dared to short at such a time,
it was clear that they were very willing to lend securities to this mysterious buyer.
E Fund Management: "Shorting at a time like this, who exactly is this person? Does he really think it will fall tomorrow? And borrowing such a large sum, it seems ill-intentioned. Should I also make two sets of preparations?"
Huatai-PineBridge Fund Management: "This is hilarious, there are just too many rich fools in this world. Shorting? What were they thinking?! Lend them, lend them all out!"
BOC: "As expected, the opposition between bulls and bears in the stock market is eternal. When it rises too much, some people will be bearish, and when it falls too much, some people will be bullish!"
Each Institution had its own thoughts.
But without exception, they all lent out their securities.
After obtaining the short-selling chips, Junlin Finance's Trader finally began to act.
The time was 11:26 AM.
Only 4 minutes remained until the morning closing.
At this moment, CITIC Securities' Limit Up order, which still had over 200 million, instantly vanished in the next second.
A massive 400 million in shares were Dump Stock, all within 10 seconds.
CITIC Securities could not withstand such a Dump Stock; even if someone tried to fill the gap, it was useless, the funds for the Dump Stock were too aggressive.
And the chain reaction had only just begun.
CITIC Securities breaking its Limit Up, a message highlighted by the short-term spirit, which then reached all Stock Investors.
Combined with Junlin Finance's billions in Dump Stock fueling the fire, panic quickly spread.
Besides CITIC Securities, all other Brokerage Firms that had hit Limit Up, without exception, had their Limit Up broken.
CITIC Securities was the main target of this attention.
It only took a short 2 minutes to go from Limit Up to being in the red!
With the dragon head behaving like this, one can imagine how the other stocks performed.
It was only at this moment that the foreign capital reacted.
Morgan Ored's face was livid: "Protect the market, protect the market for me! I underestimated this guy; is he trying to trap me?"
"No way, can there really be someone with such courage and capital in the A-Share Market?"
As a direct descendant of the Morgan Family, OReid had been exposed to many influences since childhood.
Seeing the current market, he naturally understood what kind of scheme this was.
The Limit Up yesterday and today, the massive increase in trading volume,
along with the countless shares in his hands and the limited available funds remaining in his position.
All indicated that his risk was continuously expanding.
Moreover, Morgan and his team had one crucial, and most fatal, weakness.
They did not have unlimited bullets!
If this were in US Stock Market, knowing that brokerage stocks would inevitably rise, the Morgan Family would naturally mobilize more funds to reverse the sentiment and sweep up all the shares.
But this was the A-Share Market, and all the capital they had brought in this time had already been dragged into the quagmire of Brokerage Firms.
Now, the opponent even wanted to completely annihilate them.
Judging by the situation, this was aimed at crashing the sentiment, pushing it to limit down!
The Traders were also in a frenzy: "Mr. OReid, our funds are probably not enough to protect the market. The sentiment has collapsed now; we can only barely prevent most stocks from turning green!"
Until the morning closing at 11:30 AM.
CITIC Securities was still in the red, and most of the other stocks could only barely stay in positive territory.
Anyone with a discerning eye could see that the bulls were in trouble this time.
In the Stock Bar, panic doubled.
"Damn it, how disgusting! So today's Limit Up was a bull trap!"
"I knew it, how could the brokerage sector collectively hit Limit Up for two consecutive days? This is the final graduation photo, an accelerated rally!"
"Damn it, I originally thought selling at 6 points was the wrong decision, but now looking at it, CITIC has actually fallen to -1%? I can't believe it, it's probably normal for it to hit limit down this afternoon!"
"This is the brokerage sector's annual historical high. Using good news to massively offload shares at this point, this trick seems so familiar to me!"
"Brokerage Firms are such a scumbag, brothers, be careful, I'm running first!"
"Damn it, these bears are truly disgusting, they just waited until near the morning closing to Dump Stock, giving me no time to react. I barely managed to escape at 3 points."
"You could still run, I bought at Limit Up today, and now I'm already down 10 points. I'm about to cry myself unconscious in the toilet!"
However exhilarating it was before the Limit Up this morning, that's how miserable it is now.
It can be said that this final wave in the brokerage sector not only dragged down the sector itself but also the overall market index.
It is foreseeable that if it continues this way in the afternoon, the overall market index might truly collapse.
The overall market index was already very high at this point, with many profitable positions.
Dump Stock was very easy!
Alliance Leader Zhang was also trapped today.
He looked at the brokerage sector's trend today, a massive green bar with huge volume, it was simply a piece of shit.
"How disgusting, even I got trapped by this?!"
"Damn it, this brokerage sector is my bane!"
"I just don't know whose masterpiece this is. Is it Brother Lin? But it doesn't make sense, his operating habits shouldn't be like this!"
There were also many Hot Money investors who were bullish today. Some who saw that the situation was not right quickly sold what they had bought yesterday and were still making a small profit.
As for those who bought today, they were all trapped!
The Retail Investors were even more bewildered; all those who bought today were trapped, without exception.
Regarding Institutions.
The several Institutions that lent out securities for short-selling this morning were truly stunned now.
E Fund Management: "I knew it, a mysterious big shot who dares to short at a time like this definitely has strength. Thankfully, I followed along, so I won't lose too much!"
Huatai-PineBridge Fund Management: "Damn it, I lost big this time. Why didn't I follow along?"
Some other Institutions that lent out shares were also a bit bewildered.
Who exactly is this big shot?
Noon.
A full hour and a half of fermentation.
This was the time Wang Lin left for the funds that had bought in yesterday to escape.
By 1 PM in the afternoon, they would become the main force helping Wang Lin to Dump Stock.
At 12:10 PM, a man in a company in Modu finally stretched his arms and rubbed his eyes.
The morning's work was finally over.
He quickly rushed into the restroom and pulled out his phone to check.
Yesterday, he went all-in on brokerage etf at 4 points, and unexpectedly it hit Limit Up that day, earning him a significant 6 points.
Coupled with all the news he saw on various stock forums last night—good news, interest rate cuts, platform breakthroughs, a massive bull market.
It made his blood boil, and he didn't sleep well all night.
He woke up early again this morning for work.
He couldn't resist glancing at the market during the day, but it was just a quick look; the situation was excellent, and the brokerage etf was up over 4 points again.
This had already earned him over 10 points on his full position.
"So satisfying, isn't this better than working? From now on, I'm going to be a full-time Stock Investor!"
"Let me see how much I actually earned this morning. It should be over 6 points, right?"
Finding a comfortable squatting position in the stall, he opened his stock trading app.
Upon seeing it, his face instantly turned a liver-like purple.
The over 4 points gain he had glimpsed this morning had now turned into -3%?!
"What the hell is going on? Didn't CITIC Securities hit Limit Up? Why is it green now? Did some funds exit?"
"I'm really cursing them, a bunch of short-sighted fools, why couldn't they pull it up more? How many points can you even earn by selling now?"
"Damn it, not only did I not get the 4 points profit today, but I also spit out 3 points of profit. How disgusting!"
The man squatted there with a gloomy face, and he quickly scrolled through the Stock Bar for various brokerage stocks.
The more he scrolled, the darker his face became.
"Damn it, quickly place a limit down order and run, otherwise, at this rate, I'll probably lose money this afternoon too!"
His actions were a true reflection of many A-Share Market office workers.
Wang Lin chose to sell at this point precisely to force this group of people to cut their losses.
It is predictable how many sell orders will be waiting for the bulls when the market opens at 1 PM.
Clearly, Morgan Ored also understood this point.
He frowned, a look of bitterness on his face.
He admitted that he had underestimated the A-Share Market.
Yesterday, when he first entered the A-Share Market, he was full of vigor, but now he was utterly silent.
A trusted Trader cautiously approached and asked: "Mr. OReid, the market is about to open, what should we do?"
OReid took a deep breath and said: "This afternoon, after the first wave of Dump Stock, give me all your strength to pull it up, create an atmosphere of bottom-fishing. I refuse to believe that brokerage stocks are truly finished!"
These Traders were also ready.
They also had a pent-up drive within them.
They used to dominate in US Stock Market, who would have thought they would stumble in the small A-Share Market now?
At exactly 1 PM.
The A-Share Market opened.
As most people expected, as soon as the market opened, a massive volume of sell orders for the brokerage sector was thrown out.
The buy orders below were like paper, shattering with a touch.
In this situation, the bulls no longer had the courage to resist, let alone take on the orders.
Everyone was now starting to give up, wanting to wait for deeper prices to pick up some cheap shares.
Inside Junlin Finance, Wang Lin looked at this scene and laughed: "Dump it! Hit CITIC's limit down with 300 million!"
OReid, on the other hand, angrily retorted: "This is going too far! Pull it up for me, concentrate the shares and pull up CITIC Securities!"
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