219: Bull markets are often characterized by long bearish candles; when a crash occurs, will you buy in?

Wang Lin listened to Zhang Hongchao's complaints and smiled, "These are small matters on the road to entrepreneurship. Your younger brother hasn't experienced hardship; he took over Snow King after you had already built it up, so he naturally doesn't understand these things."

"But you two are brothers, so you can discuss these matters freely."

"Speaking of which, your two brothers' personalities truly complement each other. You are too cautious due to your early experiences, while he is too unrestrained because he hasn't experienced hardship."

"If you two discuss things together, it's actually just right!"

These words were not just empty talk from Wang Lin; they were actual occurrences at Snow King.

Both brothers had caused some losses due to their personality issues.

But fortunately, they were all acceptable.

Zhang Hongchao fell silent, and after a long while, he said, "I understand, President Wang!"

"I don't think it's time for company financing yet. If the timing is right in the future, I will open up financing again! But it won't be needed for the next few years! After all, a company with our cash flow really isn't short of money!"

Wang Lin understood his meaning: "Then you make your own assessment. I look forward to the scene when you open ten thousand stores!"

Zhang Hongchao was full of confidence: "It will definitely happen!"

After hanging up the phone.

Wang Lin then called the bosses of DJI and ByteDance Company separately.

Both of these companies are high-tech products, and both involve very large investments.

As soon as Wang Lin's call connected, the other party knew what he meant.

Wang Tao is now also a new favorite in the capital market; his DJI is definitely taking off.

And towards Wang Lin, Wang Tao also showed great respect: "It seems President Wang, you already know. Recently, there have been a lot of companies wanting to raise funds, and I think it's time to start Series B financing."

Wang Lin also expressed his agreement.

DJI's research and development is too expensive, and it's estimated that there isn't much money left in the accounts. It's a good idea to start a round of financing while the market is good.

Moreover, he was also prepared to continue investing.

However, this matter will take time; from opening up financing to negotiations, and then to the final contract signing, it requires a considerable amount of time.

This time, it wasn't as simple as Wang Lin intercepting a deal.

Finally, it was ByteDance Company's turn.

This company has now completed its Series C and is moving towards Series D.

Its current valuation is already close to 1 billion US dollars.

And this is only when ByteDance has not yet shown its true strength.

Wang Lin said, "Okay, then call me when it's time for financing."

...The IPO of Ali Baba made countless hearts pound.

This matter even spread to the A-share market.

During this period, due to the continuous buying of foreign capital, many Stock Investors mistakenly thought that a bull market had truly arrived.

Every day, this one added positions, that one added positions.

Needless to say, within the market, margin financing soared.

This is the positive guidance of a bull market!

The more it rises, the more people use leverage to go all in.

This market never lacks gamblers!

Even on well-known off-market financing platforms, various data soared.

It is foreseeable that the surge in margin financing will also be transmitted into the market.

It was these past few days.

The Morgan Family's 40 billion funds were finally allocated.

Most of it was still in brokerage stocks, but a batch had already started to allocate to state-owned enterprises big-ticket infrastructure stocks.

Wang Lin couldn't stop these things.

These foreign capital are powerful because they have large capital volumes, wide news channels, and are particularly rational.

The Morgan Ored incident doesn't count; that guy was an anomaly.

Normally, if foreign capital entered the market with over 50 billion funds, they would have started to contend with Wang Lin long ago.

The brokerage sector wouldn't be so harmonious now.

And when foreign capital had allocated their sector chips, Wang Lin also slowly began to Dump Stock during this period.

There were also some other funds that were actively reallocating their stocks, or Dump Stock to sell shares and look for suitable opportunities in the primary market.

Again, the successful IPO of Old Ma's Ali Baba had too great an impact.

It even indirectly led to the collapse of the A-share market!

The shanghai composite index has been hovering around 2700 points for 3 days.

Three days can either form a peak or a bottom.

It just depends on which way it goes!

Finally.

[short-term spirit: CITIC Securities' decline exceeds +5%!]

[short-term spirit: CITIC Securities hits limit down!]

Wang Lin swore that such aggressive selling was not his original intention.

It was just that he pushed too hard and gave too large a workload, which left the Traders with no choice.

They could only resort to the limit down selling method.

Fortunately, this method is really effective!

CITIC, as the dragon head of Brokerage Firms and the overall dragon head of market bulls, attracted an endless stream of people trying to buy at the bottom!

"Holy crap, brothers, CITIC is at limit down!"

"The bull market is over, run, brothers!"

"Run? This is a reverse pickup, I think buying now is the most suitable!"

"That's hilarious, CITIC has already doubled. Still talking about reverse pickup, have you gone crazy from stock trading?"

"When CITIC broke through the platform and hit limit down from limit up, I bought at the bottom. At that time, some people also called me stupid, and it even hit limit down the next day, but I continued to add positions. And now? Time will prove everything!"

"Damn, you convinced me, I'm going to buy at the bottom too!"

"Again, there are many long bearish candles in a bull market. Now is a plunge for a reverse pickup. Believe it and get on board!"

The atmosphere of the bull market was that strong.

If this were a bear market, would anyone still buy at the bottom after a limit down? Everyone would be finished.

But now, even with a casual limit down, people really dare to buy at the bottom.

The A-share market at 2700 points was just that bold!

Throughout the entire day.

The Junlin Finance Traders sold a total of over 30 billion yuan worth of goods in the brokerage sector.

Even so, they barely managed to seal the brokerage sector at limit down.

Zheng Huan couldn't help but sigh: "It's really not easy. In this bull market, the madness of Retail Investors is shocking! Over 30 billion almost couldn't withstand their rally!"

"So if I dump another 30 billion tomorrow, I wonder if they can still absorb it?!"

During this period, influenced by the foreign capital rally, the brokerage stocks held by Junlin Finance made a killing.

Although there will still be market movements in the future, in Wang Lin's view, the era of the biggest surge in brokerage stocks has passed.

Next, it's time for banking and insurance to make a move.

Then, once these big finance sector completely set the stage.

Next year will be the most insane era.

Everything will surge, and the index will skyrocket!