305: Junlin Financial hits consecutive daily limit ups!!

Today's list for Junlin Finance can be described as nothing short of luxurious.

Five major Institutions joined forces to wash out the Retail Investors.

Among these Institutions, it's possible that some are even fronts for foreign capital.

In short, just expect Junlin Finance to be bullish tomorrow and that's it.

That evening.

Unsurprisingly, Junlin Finance became the top trending stock with the highest level of discussion across the entire internet.

Countless Stock Investors who were washed out today were venting their anger online.

But no matter how much they cursed, there was no way to hide the fact that they had been washed out.

A few hours later, the US Stock Market opened.

Influenced by certain positive factors, major tech stocks in the US Stock Market generally rose.

Among them, Netflix and NVIDIA soared to the heavens.

One surged by 5 points, and the other skyrocketed by 13 points.

To those paying attention, such a terrifying increase presented a completely different picture.

Needless to say, Junlin Finance's limit-up tomorrow gained even more weight.

The next day.

At 9:25 AM, the call auction results for Junlin Finance were released.

It opened 5.99% higher!

The stock price reached 204 yuan.

It successfully broke through the 200-yuan mark, leaving it just a step away from its high on the first day of listing.

Meanwhile, after the market opened at 9:30 AM, Junlin Finance continued to climb steadily from its high opening, showing unstoppable momentum.

Although it didn't take off directly into a one-word board as some Retail Investors had fantasized.

But it opened nearly 6 points higher.

And just 2 minutes later, it locked in the limit-up with 2 billion yuan in capital, ending today's battle.

Afterward, the buy orders at the limit-up price quickly piled up to 13 billion yuan.

With this, Junlin Finance achieved its second consecutive limit-up.

The stock price was 211.75 yuan, and the market value reached 1.058 trillion yuan.

"Damn, another limit-up!!"

"I just hesitated for a second, and it hit the limit-up!!"

"I thought it would hit the limit-up right at the call auction today, so I didn't buy. Now look at this, there's no way to buy in anymore!!"

"Haha, I placed a limit-up order during the call auction. Bought in at 6 points, feels great! Today I'm eating 4 points with a full position!!"

"You're really something. It's already at a trillion-yuan market cap, and you still dare to buy?"

"Why wouldn't I? This is Junlin Finance, Brother Junlin's company. I'm bullish on it reaching two trillion, or even three trillion. Besides, I think holding this stock for the dividends is also great!!"

"Exactly, I wonder how much the dividend for Junlin Finance will be!!"

"The dividend should be at least 3 points, right? Based on a trillion-yuan market cap, calculate those 3 points yourself!!"

Truly terrifying.

A trillion-yuan market cap pulled off two consecutive limit-ups.

And looking at today's scramble for shares, it will likely continue to rise tomorrow.

In the future, it would probably be very normal for Junlin Finance to go through a phase where it just keeps rising without stopping.

There's no way around it.

If anyone dares to Dump Stock on this ticker, there will be countless funds waiting below to pick up the shares.

Today, Junlin Finance didn't appear on the rankings, but the Stock Investors all understood that Institutions must have been sweeping up shares again today.

Over the next few days, Junlin Finance followed a pattern of 'two steps forward, one step back.'

Rising for two days and then falling for one.

Moreover, the gains were very slight—sometimes 0.7 points, sometimes only 0.5 points. Anything over a one-point gain was considered impressive.

As for the drops, they mostly hovered within 1 point.

This situation was caused by having too many Institutions involved.

It couldn't surge upward, nor could it drop down.

If it dared to rise, someone would dare to Dump Stock.

If it dared to fall, someone would dare to buy the dip.

The valuation was stuck firmly within this range.

.

In such a situation.

Those Retail Investors could hold on for three or five days.

But after a week or half a month of watching others jump between various stocks—one hitting a limit-up today, another successfully buying the dip tomorrow.

Looking back at themselves, although buying Junlin Finance was prestigious and felt like an achievement in the short term.

But only they themselves understood the bitterness involved.

So, as time passed, unless they had other positions, these Retail Investors hardened their hearts and sold Junlin Finance to return to the paradise of short-term trading.

This is why the A-shares market is perceived as gambling by ordinary people; there are just too many of these types of Retail Investors.

However, the Hot Money players who had already made it big could be said to have timed things well.

They already had plenty of capital and had long planned to set aside a portion for long-term investment.

It just so happened that Junlin Finance went public at this time.

Thus, people like Little Crocodile directly allocated 50 million yuan to go all-in on Junlin Finance, planning not to touch it for ten years!!

Of course.

Junlin Finance remained a must-have stock for certain financial funds; it was simply indispensable.

The continuous buying from these funds would also keep pushing up the trend of Junlin Finance.

But none of this had much to do with Wang Lin anymore.

However, Li Yuanyuan was looking at the shareholder list in Junlin Finance's backend, and she was shocked by what she saw: "How is it that 98% of the holders are various Institutions, Social Security, Pension, even the National Team, foreign capital, and so on?"

"Even big Hot Money players are very few. As for Retail Investors, they mostly hold just one or two lots, with the most being only a few lots."

Wang Lin said with a smile, "There's no helping it. Ordinary Retail Investors simply can't hold onto a stock like this. This is the result of Junlin Finance going public—it was quickly occupied by Institutions. Retail Investors can't handle a slow-moving trend like Junlin Finance's."

"Of course, it won't stay sideways forever. We'll wait until we release the results for the next quarter to give the market another stimulus."

"After all, the Village Chief had us go public specifically to revitalize the stock market!!"

"In the end, the stock market hasn't been revitalized, but I've become a trillionaire instead."

Note, it's a trillionaire, not a billionaire.

A trillion is at least one trillion.

While 'billionaire' usually refers to having hundreds of millions.

Leng Nuannuan, standing nearby, also covered her mouth and laughed, "Then I've also benefited from Brother Lin's success and become a billionaire!"

Speaking of which, Li Yuanyuan was quite envious in her heart. The shares Wang Lin had given her amounted to a full 5 percent or so.

Calculating based on 5 percent, with the current market value of 1.1 trillion yuan, Leng Nuannuan alone is worth 55 billion.

And this 55 billion is not a paper value; as long as she puts out the word, plenty of people would be willing to buy her shares at a 10 percent premium.

With a net worth of over 50 billion, Leng Nuannuan could even rank among the top ten on the China Rich List.

Meanwhile, her family's company currently has a market value of less than 10 billion.

How can one even compare?!

A generation worked hard for a lifetime, caught numerous opportunities, and with some luck, only created less than 10 billion in wealth.

That alone makes them more impressive than hundreds of millions of people.

But someone like Leng Nuannuan only lent Wang Lin 1 million during university and didn't have to worry about anything afterward.

And it turned into 55 billion today.

It only took two years.

This is the true God of Stocks!

A return rate of over 50,000 times!!

But Li Yuanyuan was also doing quite well, having gotten on board just as Wang Lin was starting to take off.

The shares she holds now are enough for her to live without worry and achieve financial freedom!!