277: In the first phase, someone jumped off a building!
Over the next few days.
The Stock Investors of Chengtou Holdings were right in their prediction.
Since the last limit down from limit up, this stock had begun a continuous straight-line limit down.
As ferocious as it was when it rose against the trend, it was just as insane during this drop.
The continuous straight-line limit downs caused countless Stock Investors to wail in despair.
They simply couldn't sell. Continuously setting limit down orders only amplified the panic.
Not to mention that the broader market had genuinely experienced three consecutive days of decline.
It could be said that the entire market was filled with cries of anguish.
All mainstream sectors were collapsing.
The wails of the Stock Investors in Chengtou Holdings were merely a microcosm of the entire stock market's despair.
"It's too tough. The broader market fell for a few days, and this stock was locked at the limit down for the same duration."
"What the hell, I didn't expect that day's limit down from limit up to be a hearse."
"Can't they open a window? I've already placed a limit down order. I no longer hope for it to recover."
"A Stock Market Crash! This is a blatant Stock Market Crash. Being limit down here is no different from being limit down elsewhere!"
"Damn it, I'm going to report Chengtou Holdings! You should have just continued the private placement. Why did you withdraw it? Isn't this just playing games with us Stock Investors? I demand compensation for my losses!"
"Exactly! If I hadn't seen the private placement plan was approved, I wouldn't have bought this stock at all. Look at Chuanhua Shares and Jinying Shares, aren't they all doing fine in the green?"
"Going from a 500,000 profit to a 100,000 loss feels like a dream. I don't even know when the limit will open up and let me exit!!"
Under these market conditions, Xiao Hou, who had gone all-in on Chengtou Holdings using margin, was trapped.
His mental state over the past few days had completely collapsed. He couldn't sell, and trying to buy the dip would likely be another bottomless pit.
Moreover, even if he wanted to buy the dip now, he likely wouldn't have the money to do so.
He had taken out every online loan available to him.
Furthermore, he knew very well that the premise for Chengtou Holdings had been proven false. Current funds were primarily focused on selling; there was no one buying.
"What should I do? What should I do?"
Xiao Hou repeatedly looked at his holdings.
For him, after experiencing the limit down from limit up that day, and now facing three consecutive limit downs in Chengtou Holdings, his holdings had plummeted from the original 507,000 to 370,000.
Once he repaid the 300,000 loan, only 70,000 would be left.
But that wasn't the most critical point.
It was that he had no idea when this stock would let him exit.
Could it really be true, as some people in the stock market said: falling back to where it started?
Wouldn't that mean two more limit downs?
Two more limit downs on 370,000 would drop it directly to 300,000.
In the end, after being penniless, he would still owe interest on the online loans?
Xiao Hou felt dizzy.
He remembered that after returning home these past two days, his girlfriend had been talking about marriage.
Originally.
He should have had a happy and complete family.
At this moment, Xiao Hou recalled everything about himself.
He thought about his job, which paid over 8,000 yuan a month—not excellent, but certainly better than many.
He had a beautiful and virtuous girlfriend, gentle and lovely.
But now, all of it was gone.
His savings of many years, plus the savings of his family's elders, were all gone.
He didn't know how he could face his girlfriend.
These past few days, his girlfriend had been urging him to hurry up and buy the "Three Golds"; she wanted a big gold bracelet.
She even thoughtfully said that if he didn't have enough money, she could contribute some herself, but they had to tell everyone he bought it.
She had also picked out several apartments and planned to go look at them and choose one with Xiao Hou on the weekend.
But all of this was now gone.
He hated himself, hated the stock market, hated everything.
Xiao Hou looked out the window. The sunlight today was truly beautiful.
The next moment, he slowly walked toward the window, moving like a walking dead zombie.
A colleague nearby asked sympathetically, "Brother Hou, how is the stock market these days? I heard many stocks are dropping badly."
Xiao Hou glanced back at him, expressionless, but uttered a few words: "Never invest in stocks!"
Having said that, he pushed open the window, flipped over, and went down.
Thud.
A dull sound echoed below the building.
Xiao Hou, unable to bear the pressure, chose to retreat, choosing to bid farewell to this world.
Noise, clamor, and the shocked gazes of passersby.
In his final moment, Xiao Hou looked up at the sky.
Many thoughts flashed through his mind, but his final realization was: "I'm finally free."
Inside the office.
That colleague was stunned.
He looked at the window screen fluttering in the wind, and heard the startled cries of the pedestrians below.
Xiao Hou's final warning—never invest in stocks!—still seemed to echo in his ears.
A nearby colleague was also dumbfounded and quickly rushed to the window ledge to look down.
Then he turned back to the first colleague, his voice trembling: "W-was that Xiao Hou?"
The first colleague's legs had turned to jelly. He collapsed onto the floor, only able to nod.
He, who had lived a peaceful life and had never even witnessed a car accident, had just seen this sight firsthand.
The shock was immense.
After a long while, upon hearing the sirens downstairs, he shakily stood up.
"Xiao Hou... he told me never to invest in stocks." The colleague's face was deathly pale... This incident.
Caused a great sensation locally.
According to the official investigation, Xiao Hou had stable employment and a good relationship with his girlfriend; they were already discussing marriage.
But due to stock speculation, he had accumulated significant debt and, overwhelmed by mental stress, chose to escape reality.
Suicide by jumping, stock speculation, debt.
The combination of these factors quickly landed the story on the local trending topics.
Regarding regulation.
The regulatory authorities quickly learned of the matter.
"We cannot let the market continue to fall. We must allow room for a rebound!"
The Village Chief quickly issued the order.
That same day.
The stock market found its bottom, rebounded, and surged violently by over three percentage points.
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