265: One sentence from Brother Junlin and the market crashed again!!

To be honest.

If the Village Chief were standing in Wang Lin's shoes.

He definitely would have run away.

For no other reason than that, standing in this position, he realized how wonderful life was outside with money.

But Wang Lin didn't seem interested in this.

This was also what made the Village Chief admire him.

At the same time, it made the Village Chief sigh; even if this kid's stock trading skills were amazing, he was still just a freshly graduated young fellow.

He sorted out his thoughts and said with a smile, "Good kid, the Great Leader once said, the world belongs to you, the world belongs to the youth, and it truly is so!! With ambitious people like you around, how can great endeavors fail!!"

.

The next day.

Before the stock market even opened, the mood was already strange.

Setting everything else aside, just looking at the A50 Index, it suddenly plunged after 9:00 AM, crashing downwards.

A drop of more than one percentage point simply evaporated.

This scene made some people feel anxious and worried.

"Damn, the A50 really did crash today!!"

"What's going on? I haven't seen any negative news recently."

"No negative news? Think again?"

"Could it be that video on the Social Media Platform? Does that count? Brother Lin's single sentence scared the A50 into crashing?"

"It's more than that. You'll know when you look at the overall market index later. I don't think today's market conditions will be good."

"Damn it, let me think about it!!"

This Stock Investor, who said he needed to think about it, immediately placed all his chips at the limit down price.

Running away.

Based on his understanding of the A-share market's usual behavior and Brother Lin's influence.

Even if the video wasn't widely spread, it was highly focused.

Originally, he hadn't paid much attention.

But seeing today's A50 crash like a floodgates opening, he suddenly understood: most Stock Investors were terrified.

However, even so, the market conditions hadn't ended yet.

Such a crazy bull market couldn't be stopped by a single sentence from Brother Lin.

Or rather, no single person could halt the stock market's momentum with just one sentence.

This is a gradual process.

It's like a speeding train; trying to hit the stop button is impossible unless you want a complete disaster.

Even the authorities can only make it slow down gradually.

Wang Lin's previous remarks only temporarily slowed the rate of increase, but couldn't stop it.

"CITIC Securities, set to limit down!"

"East Money Information, set to limit down!"

"Xunyou Technology, set to limit down!!"

Looking at the three stocks this person bought, they were basically all finance and gaming stocks.

They were very strong, very formidable stocks.

Despite this, he didn't hesitate to set them to limit down during the call auction.

He believed Brother Lin's words and the influence Brother Lin brought.

Sure enough.

At 9:15 AM, the true extent of the overall market index's rise and fall began to show its ugly face.

By 9:20 AM, some people stopped pretending entirely and started dumping stocks frantically.

The small-cap stocks were immediately hammered down to limit down.

Take Xunyou Technology, for example.

CITIC Securities and Dongfeng Wealth, however, were quite resilient, only dropping by a little over 2 percentage points at this point.

The call auction ended at 9:25 AM.

This person's CITIC Securities dropped 3 percentage points, East Money Information dropped 4.6 percentage points, and Xunyou Technology dropped 8.2 percentage points.

In the final moments, there was still a main force trying to prop up Xunyou Technology.

At the very least, they couldn't allow it to hit limit down during the call auction.

That would be utterly ridiculous.

If these three stocks, which could be called dragon heads, ended up like this today, one can imagine the bloodbath outside.

"Holy crap, the overall market index gapped down 1.7 percentage points?!"

"More than 50 stocks at limit down during the call auction?"

He was stunned.

Many Stock Investors currently watching the market were also stunned.

What the?

Is this a stock market crash already?

Brother Lin's single sentence caused the stock market to turn into a crash?!

In the Stock Bars for those limit down stocks, countless Stock Investors were bewildered.

"What is going on?"

"Damn it, it was Limit Up yesterday, how did it become a Straight Limit Down today?"

"I don't know! I saw the A50 crash at 9:00 AM today, so I casually placed a limit down order, planning to cancel it before 9:20 AM. But when I saw the call auction crash straight to limit down, I didn't dare cancel, and that's how I saved my miserable life!!"

"Maybe it rose too much and is just pulling back?"

"Does your stock market use limit down to pull back?"

"The overall market index has crashed! Who knows what kind of bloody storm we'll face when the market opens!!"

"It's terrifying! Did you guys know about the video of Brother Lin on the Social Media Platform yesterday? I estimate this is why —he said this bull market was a leverage bull market. Think about it, once the leverage is gone, won't it just crash?"

Panic began to spread during those five minutes.

The Hot Money investors, with their keen sense of smell, dumped a significant amount during the call auction.

By 9:30 AM, the stock market had completely crashed.

There was absolutely no rebound; it plunged straight downwards.

Especially the financial stocks.

CITIC Securities plummeted 6 percentage points in just a few seconds.

East Money Information dropped over 9 percentage points.

Among the other major financial stocks, quite a few also hit limit down.

The limit down list grew instantly from over 50 stocks to an additional 60-plus, achieving the feat of a Hundred Stock Limit Down.

On the short-term spirit indicator, countless limit down stocks were flashing frantically.

In this state of panic, who would dare to buy the dip?

Keep in mind that, up until today, most Stock Investors were profitable.

They could dump stocks without concern, as they were profiting anyway.

Even the capital that wanted to buy wasn't foolish enough to take over the selling today.

Given this situation, tomorrow would clearly bring even lower prices, so why buy today?

This resulted in no buy orders and constantly increasing sell orders.

The entire market was filled with alarm and suspicion.

By 9:39 AM, the overall market index had crashed by 3 percentage points.

This was practically a stock market crash level event.

Inside Junlin Finance.

Li Yuanyuan and Leng Nuannuan were both dumbfounded.

Leng Nuannuan knew Wang Lin went to Finance University yesterday and had seen the video, but she never expected the fallout to be this significant.

Causing the overall market index to crash by 3 percentage points?

In just nine minutes, the capital evaporated from the stock market must be tens of billions, right?

"Brother, did you cause this?"

Seeing Leng Nuannuan's shocked expression, Wang Lin was speechless.

"I'm not taking the blame for this. That was what the Junior Student said, and I just agreed with a couple of sentences. The main reason for today's crash is that most Stock Investors have made too much money; they don't want others to dump their holdings first, so they dump their own first, leading to a run and subsequent crash!!"

"You'll see, it will start to rebound this afternoon."

"Because fundamentally, there is still too much capital in the current stock market. If everyone sells off all at once today, what can they do? Withdraw the cash and leave, never trading stocks again?"

"People like that simply don't exist in this world; everyone has a gambler in their genes!"

"Especially those who have tasted success in the A-share market —if you earn more in one day than you do in a month, will you still be in the mood to work?"

"That's the situation in the stock market right now!"

"So, don't panic!!"