282: Wang Lin: A man on the verge of death!

The market trend is still continuing.

Brother Jun Lin's influence is still running rampant.

Throughout the morning today, many stocks seized this rare opportunity to rise sharply.

This kind of massive rally is absolutely unprecedented!!

This also gave many Stock Investors hope.

The Stock Investors who were originally preparing to quit the market suddenly became excited.

"Damn! It turns out it wasn't that I wasn't skilled, but that the market was bad. Now that the market is good, haven't I made money too?"

"Exactly! I hit the daily limit today, and I went all-in on Laobaigan Liquor with full leverage. In fact, I made a 20% profit on my full position today. If I play for a few more days, all the losses from this period will be recovered!!"

"Go, go, go! There will definitely be more funds buying in this afternoon. Brothers, maximize your positions!!"

Throughout the morning, funds continuously flowed into the broader market.

Very little flowed out.

Moreover, right at the opening bell in the afternoon, a massive wave of funds rushed in.

Everyone unanimously believed that the stock market had bottomed out.

This was partly due to Brother Jun Lin's influence in bottom-fishing, and partly due to today's surging market conditions.

Only the Village Chief overseeing regulation still showed worry in his eyes as he looked at today's market trend.

A single day's rebound is nothing.

In a place like the stock market, a complete reversal can happen in virtually a second.

It is commonplace here for prices to surge one second and plummet the next.

But then again, today's surge gave the Village Chief a lot of face.

"As expected, Wang Lin's influence is strong enough, and he really gave me face by spending so much money to boost the bank stocks. That's a huge favor!!" the Village Chief exclaimed.

In fact, given Wang Lin's current status and position, he could certainly ignore the Village Chief.

With this volume of capital, and managing social security and pension funds, Wang Lin's capabilities are absolutely rock-solid.

But he still chose to give face.

His handling of interpersonal relations was impeccable.

This made the Village Chief feel very gratified.

Looking at Xu Xiang over in Magic City, whenever his name is mentioned now, the Village Chief's expression darkens.

He openly defied the Village Chief's intentions and even found some sanctimonious excuses.

Excuses like market rescue leading to insider information, or market manipulation?

Just because you don't participate, does that mean you haven't accessed insider information or manipulated the market?

Not to mention the distant Limit-Up Commandos and One-Word Soul-Severing Blades—which of those wasn't market manipulation?

Just looking at a few recent stocks, the Village Chief has already gathered enough evidence proving that Xu Xiang accessed insider information and collaborated with shareholders to manipulate the market.

These matters are enough to send him in to operate a sewing machine for a few years.

Of course.

This alone wouldn't make the Village Chief particularly furious.

If you don't rescue the market, fine, that's your choice.

Then you should just stand by and watch.

But you, damn it, are now shorting Stock Index Futures, openly opposing the National Team, and trying to profit from this situation.

That truly hit the Village Chief's weak spot!!

This was aiming for the Village Chief's life.

Therefore.

Seeing Xu Xiang liquidate his Stock Index Futures and switch to long positions today, the Village Chief sneered, "Seeing Brother Jun Lin enter the market to go long, you're now clearing your short positions and switching to buying long?"

"I'm telling you, it's too late!!"

"Even if the stock market continues to fall this afternoon, I will send you in once I've finished dealing with these matters."

It can be said that Xu Xiang truly angered the Village Chief's reverse scale.

This was trying to cut off his path upward!!!

The strategists beside him also unanimously agreed that Xu Xiang should be sent in.

This kid has no sense of propriety. Is this the way to make money?

Let him go inside and sober up properly.

But what you fear is what happens. Good times don't last; the rally will eventually end.

Although the broader market rebounded significantly this morning, the point to note is that there is still a massive volume of Trapped Capital above.

The reason the broader market kept rebounding and rising this morning wasn't because the Trapped Capital wasn't moving, but because it hadn't reached the price point where they were psychologically willing to cut their losses.

Or the break-even point.

By the afternoon.

After the broader market rebounded to a certain height, it finally triggered some of the Trapped Capital to cut their losses and exit the market.

Dump Stock, violently Dump Stock!

This Dump Stock activity also began to drive various sectors to start falling.

Funds began to flow out frantically.

For large funds, this was all within expectations.

At this point, they were also selling along with everyone else.

Since those who needed to bottom-fish in the morning already did so, now that the market reached today's peak, they quickly sold off.

It was just like doing a T+0 trade!

However, more people chose to cut their losses.

Until the market closed at 3 PM, although the broader market was still in the green, individual stocks were already a bloodbath.

The only two sectors that held firm today were the baijiu sector and the Bank Sector.

To be honest, the baijiu sector is currently not qualified enough to prop up the broader market.

It was only because the Bank Sector was strong enough today that the broader market didn't fall back down.

Seeing this scene today, Wang Lin didn't express many opinions.

The large amount of Trapped Capital above is an objective fact. All he needed to do was slowly pull it up.

Wang Lin was even somewhat surprised by the magnitude of the current stock market crash.

He was surprised that it crashed slowly, and also surprised by his influence among the Retail Investors.

Based on past experience, in a market like today's, the afternoon session would definitely have swallowed up all the morning's gains, resulting in an engulfing bearish candle.

But it didn't; only a portion was swallowed.

"I'll wait for the market to fall for one more day tomorrow, and then I'll continue to pull it up the day after!"

This time, Wang Lin wasn't just protecting the market; more importantly, he genuinely intended to allocate funds to specific sectors within the A-share market.

Various Brokerage Firms, for example, were also on the allocation list, but their priority was lower.

Because they haven't fallen far enough yet.

Currently, the priority allocation is in major consumption areas, such as the baijiu sector.

Also, the Military Industry Sector, major technology, and the new energy sector he is involved in.

These are the sectors he intends to allocate to.

Of course, all of this can be handed over to the Traders.

What he needs to do is consider the proportion of position allocation.

Now, with the stock market crash approaching, other Public Funds and Private Equity Funds suffered heavy losses, but he still surged against the trend.

This was witnessed by countless Stock Investors and Fund Investors.

Naturally, during this period of stock market decline, since he hadn't made many moves, he didn't stand out much.

In contrast, Xu Xiang's Private Equity Fund looked extremely dazzling, reaching the top for the first time.

Regarding this, Wang Lin just sneered, "A dying man, daring to earn any kind of money?!"

"Let's see how long you can keep smiling after this period is over."