Chapter 496 Use up All the Bullets, Buy, Buy, Buy!

At the moment, these stockholders and big investors are all lamenting: Damn, I have been so unlucky in the past few months! The "Twelve Golden Medals" at the end of last year put out the fire of the continuous rise of A-shares. I was looking forward to the new year and the new atmosphere after the Chinese New Year, and the stock market, which had recovered, would continue the bull market of the first half of last year, but I didn't expect that a great man would suddenly fall.

At the moment, almost no one is optimistic about today's stock market. They are only thinking about how to rush to sell stocks at high prices after the opening...

After Li Xiaofan understood the current mood of stockholders, he immediately took Yang Feiyan to take a taxi to the office of the old villa on Wukang Road.

On the way, Li Xiaofan asked, "Fei Yan, do you trade stocks?"

"Well, in the second half of last year, seeing that the stock market was so good, my girlfriends and I also opened an account and bought a little bit of stocks. But after the People's Daily published the special commentator's article at the end of the year, the stocks I bought fell for four consecutive days, and now they are all stuck..."

"Very good, I will give you a stock trading task later."

"It's good to be stuck? Stock trading task?" Yang Feiyan was confused.

Although Li Xiaofan and his team are currently working mainly in the Donghai Entrepreneurship Park after the reconstruction of the original Radio Factory No. 13, the old villa on Wukang Road still retains the office on the first floor for temporary reception of some important guests. The privacy here in the old villa is very good, and it looks high-end and classy.

After returning to the office of the old villa on Wukang Road, Li Xiaofan gave Yang Feiyan a piece of paper with the stock trading access phone number, fund account number and password of some foreign securities companies, with a total of about 28 accounts.

"Fei Yan, listen to my instructions and call me to buy some stocks!"

"Ah, my job today is to help you trade stocks?" Yang Fei Yan asked in confusion.

"Yes, that's right, your job this morning is to help me trade stocks! Fei Yan, I'll explain some things to you later. Now let's look at the stock market first!"

Li Xiaofan turned on the desktop computer. At this time, the time was already 9:30 in the morning, and the Shanghai and Shenzhen stock markets opened.

The opening of the stock market today was just like everyone's depressed mood. As expected, both markets opened sharply lower. The Shanghai Composite Index opened 92 points lower at 870 points, the Shenzhen Component Index opened 340 points lower at 3206 points, and the Shenzhen Composite Index opened 33 points lower at 308 points.

The opening of the Shanghai and Shenzhen stock markets close to the limit down made stockholders like Yang Feiyan gasp: Oh my god, this is really over. The market has just slowed down a bit after the "Twelve Golden Medals" regulation at the end of the year, and now it seems that it will fall sharply again...

On another laptop of Li Xiaofan, the comments on the posts on the BBS forums are also full of grief for today's stock market outlook.

Faced with stocks that have almost all hit the limit down, stockholders across the country are in a state of helplessness and confusion.

Looking at the green stock market quotation from beginning to end on the computer screen, Yang Feiyan said distressedly: "It's over, it's over, the funds in my stock account have shrunk again! Xiaofan, should I sell my stocks?"

"Don't worry, let's take a look at a few key leading stocks first..."

There is no doubt that the leading stocks in the Shanghai and Shenzhen stock markets are Shenzhen Development and Sichuan Changhong.

Li Xiaofan switched the stock quotation on the desktop computer to Shenzhen Development stocks, and the stock quotation on the laptop to Sichuan Changhong.

As soon as the market opened, Shenzhen Development was locked at the limit price of 17.03 yuan, with more than 20 million shares of selling pressure on it.

Although Sichuan Changhong did not hit the limit, it also opened at 25.80 yuan, down 9.44% from yesterday's closing price, close to the limit.

"Xiaofan, I still have 1,500 shares of Sichuan Changhong in my account. Should I sell them before the limit is hit?" Yang Feiyan said worriedly.

Li Xiaofan pointed to the screen on his laptop and said, "Why are you running? Look at the quotation of another leading stock, Shenzhen Development. Someone is quietly buying in large amounts!"

Sure enough, the Qianlong stock software quotation on Li Xiaofan's laptop showed that someone was quickly buying Shenzhen Development shares that were pressed on the limit board with integers such as 2,000 lots and 3,000 lots.

These transaction details cannot be seen in the trading quotation display hall of the securities business department where retail investors gather.

As more than 20 million sell orders were placed on the Shenzhen Development Bank's price limit, the number of sell orders on the price limit was decreasing rapidly with the influx of buy orders. 18.6 million, 17.3 million, 16.1 million...

Li Xiaofan issued a hasty order: "Fei Yan, call immediately and use the account number listed on the paper I gave you to buy Shenzhen Development Bank in full!"

"Ah, you still want to buy after the price limit?"

"Yes, time waits for no one, don't ask, call immediately and buy Shenzhen Development Bank in full at the current price! If the price limit is opened, continue to buy at the latest price. My only requirement is to complete the transaction!"

Yang Feiyan rarely saw Li Xiaofan so serious and anxious, and replied: "Okay, I know!"

Then, she immediately picked up the landline phone beside her, dialed the stock trading access number of the brokerage firm, and started buying.

Almost at the same time, Li Xiaofan also used his mobile phone to dial the stock trading access numbers of other foreign brokerage firms and started buying. The stocks he bought were mainly concentrated in two other stocks: Sichuan Changhong and Shenzhen Technology.

Ten minutes later, Yang Feiyan used half of her account to buy all the Shenzhen Development Bank shares that were at the limit down.

Suddenly, Yang Feiyan cried out "Ah!" It turned out that several consecutive millions of huge buying orders swept up the Shenzhen Development Bank stocks that were on the limit down board, and the limit down board of Shenzhen Development Bank stocks was opened instantly!

Li Xiaofan was shocked: This is undoubtedly the national team entering the market to protect the market!

At this time, Yang Feiyan hesitated and said: "Xiaofan, do you still want to buy?"

"Continue to buy, don't stop! The last few accounts can buy Shenzhen Technology stocks on the limit down board. I repeat again, my only requirement is: buy, buy, buy! Everything is for the purpose of transaction!"

Less than ten minutes after Li Xiaofan's voice fell, Sichuan Changhong and Shenzhen Development Bank's two leading stocks were supported by continuous large-scale buying orders, and the stock price rose straight up, and it turned from green to red!

These two leading stocks are very eye-catching on the screen of the market full of green.

To catch a thief, first catch the king, and charge to see the red flag. The significance of this bullish trend of Sichuan Changhong and Shenzhen Development Bank, the two "leading index stocks", is self-evident.

Many smart stockholders reacted immediately: big institutions were buying stocks, the market would not fall, it would definitely rise.

Then, buy quickly...

So "short turned into long", more and more people followed up to buy bullish orders, and more and more people withdrew their sell orders! Those who did not withdraw their orders in time at the limit down board and showed that they had been traded began to regret it.

By ten o'clock, the more than 200 million funds in the fifty or so stock accounts controlled by Li Xiaofan had all been used up.

At this time, the Shanghai and Shenzhen stock indexes began to rise straight up, and by 11 o'clock, the whole market was in the red, with no decline.