304: Officially joined the trillion-dollar market capitalization club!

But even so...

These Institutions were all swarming into it.

What did it matter if they were helping Brother Lin carry the sedan chair?

What they feared was not having the chance to carry Brother Lin's sedan chair, but rather watching helplessly as others did it instead.

That was the hardest part.

As for Wang Lin, there was a reason why he released so many chips.

Equity isn't always best kept entirely in one's own hands.

For instance, before the IPO, could his influence have been the same as it is now?

Currently, countless Institutions have bought into Junlin Finance, boarding Brother Lin's ship.

In the future, even if just for their own interests, these people would facilitate things when Wang Lin acquires certain companies.

The most classic method is, naturally, cross-shareholding.

I am in you, and you are in me.

With interests serving as the bond.

How could one lose?

By now, for the stock Junlin Finance, the dust has indeed settled.

Institutions spent two days frantically shaking out the market, and today they swallowed all the chips in one go.

Those Retail Investors, unless they had extraordinary persistence or bought during today's dip, basically wouldn't have many shares left in their hands now.

These loose shares floating outside mostly flowed into the hands of these Institutions, foreign capital, and major Hot Money players.

This is all very normal.

A stock like Junlin Finance was never meant to be held long-term by Retail Investors.

Retail Investors in the A-share market generally have a few characteristics: small capital volume, high turnover frequency, and short-term trading.

These characteristics meant that even if they owned Junlin Finance shares now, they wouldn't hold them for long.

Because a stock of Junlin's size simply cannot pull off a crazy surge.

The kind of massive speculative stocks seen in the future, with 10-fold increases at every turn, won't be seen with Junlin Finance.

Otherwise, a stock that already has a trillion-dollar market value pulling another 10x in a short period?

Reaching 10 trillion?

How is that possible?

Currently, the market doesn't have much volatility; without turmoil, how can profits be gained?

As the saying goes, the bigger the waves, the more expensive the fish.

Finally, Junlin Finance closed at a limit up of +10%!

The stock price was 192.5 yuan, and the market value was fixed at 962.5 billion!

The capital locking the limit up was over 20 billion yuan.

Originally, there was over 50 billion yuan in capital locking the limit.

But later, these people probably felt they really couldn't get in line, so they had to cancel their orders.

"So damn impressive, Junlin Finance actually hit the limit up!!"

"Looking at this situation, I'm afraid it will hit the limit up again tomorrow. The highest buy-limit order actually reached over 50 billion. Terrifying."

"I just want to ask, how do the people who cut their losses at today's lowest point feel? This stock basically pulled off a Limit Down to Limit Up Reversal, didn't it?!"

"With Institutions doing a Shakeout like this, it's no wonder the brothers couldn't hold on."

"Disgusting, this stock is really hard to play. People without faith simply couldn't hold on today."

"Haha, luckily my luck was good. I bought one lot at -4% during today's dip just for fun, and it actually made money."

"Couldn't resist, I chased the limit for 2 lots. Hope I don't get buried tomorrow."

"Looking at this buy-limit order, buried? Just wait to make a fortune tomorrow!!"

Today's limit up for Junlin Finance naturally drove the rise of the big finance sector.

Internet Finance became the remaining destination for these Institutions today.

Stocks like East Finance, Flush, China Science Publishing & Media, Hundsun Technologies, and so on, were basically all pulled up quite a bit today.

It couldn't be helped; everyone belongs to the same sector. Since they couldn't buy Junlin Finance, buying these trailing stocks to get a share of Brother Lin's finance meal tomorrow was also a good choice.

As for the overall market index, it was even more ridiculous, directly performing a V-shaped recovery... After the market closed.

Overwhelming news arrived once again.

Only, unlike yesterday, today was basically all bullish calls.

[Trillion-Market-Value Junlin Finance Locked at Limit Up!!]

[Junlin Finance Hits Limit Up Today, Buy-Limit Capital Reaches 50 Billion!]

[How High are the Expectations for Junlin Finance? Can it Achieve a Two-Day Limit Up Tomorrow?!]

[V-Shaped Reversal: How the Near-Limit Down to Limit Up Reversal of Junlin Finance Occurred!!]

It could be said.

During this period, Junlin Finance was the most dazzling star in global finance.

With a market value as high as nearly 130 billion USD, it could hold its head high even on a global scale.

There aren't many stocks in the world that can rank above Junlin Finance.

Only tech stocks like Apple, Google, Microsoft, Berkshire Hathaway, Facebook, and Amazon in the US Stock Market.

Plus various state-owned enterprises in the A-share market, like China Mobile, PetroChina, ICBC, etc., along with Tencent and Alibaba held by the 'Two Mas'.

Together, they formed the Trillion-Market-Value Club.

And of these stocks, which one was founded just in the last two years?

Haven't they all gone through long years to reach this step today?

But only Junlin Finance—only this stock is the exception.

Under the leadership of Wang Lin, this stock has finally made a name for itself across the world.

Around 5 PM.

The dragon and tiger list was released.

Junlin Finance was naturally on the list.

Today, this stock topped the dragon and tiger list's popularity rankings with an actual turnover rate of 89% and a transaction volume of over 200 billion.

As for why the actual turnover was 89%, it was naturally because too many shares were locked up.

Look at today's dragon and tiger list.

The buy list was a uniform row of Institutions; not a single Hot Money seat could make the list today.

As for the sell list, there were many Institutions yesterday, but today there was only one.

It's obvious that these Institutions were all acting!!

That institution on the sell list probably only appeared there because of the early morning dump.

"Damn, today was all Institutions taking over the orders!!"

"Disgusting, so disgusting. They've already become Institutions, yet they still play like this, dumping the stock so hard just for one ticker."

"It hurts too much. Isn't this going to be a one-word board tomorrow?"

"That's impossible. This is a stock with nearly a trillion-dollar market value. Opening with a one-word board would be too terrifying, wouldn't it?"

"They say it's a trillion, but the part that can actually be traded is only 200-plus billion. With the heat of these past two days being so high, Institutions are fully qualified to push for a one-word board."

"But I don't think they'll push a one-word board. Their chips might not be fully collected yet. I reckon they'll do another Shakeout tomorrow."

"No matter how high it opens tomorrow, I'm going to buy another lot. Damn it, I must get on board!!"

At this point.

Junlin Finance had officially joined the Trillion-Market-Value Club.

And it was the kind that wouldn't fall out.