At this moment, Yu Xiaolu also realized she had sold incorrectly.
But the mistake had already been made, and it was useless to regret it now.
"General Manager Lu, looking at the market's pattern, it hasn't stopped falling. If we want to get our shares back, there will definitely be plenty of opportunities tomorrow,"
Yu Xiaolu comforted.
"This kind of continuous sharp decline and breakdown trend will absolutely not reverse suddenly. Our stop-loss today is not a big problem."
"Let's hope so!"
Lu Xiangxiang sighed, about to say something more.
But then, after 2:50 PM.
Not only were 'Tianqi Lithium' and 'Ganfeng Lithium' continuously recovering from their earlier declines, but the entire market was also rapidly rebounding.
Countless bottom-fishing funds, as if sensing an opportunity, poured in, converging to scramble for all small and mid-cap concept stocks and core stocks in major thematic sectors at low prices.
In just three short minutes.
The number of limit-down stocks in both markets plummeted from over 700 to over 500.
Finally, when 3 PM arrived and both markets closed.
The Shanghai Composite Index retracted from a 4.54% decline 10 minutes prior to a 3.23% decline, settling at 3002.39 points, narrowly holding onto the 3000-point mark; while the ChiNext Index, which had once approached a 7% decline during the day, retracted to a 5.21% decline.
Although according to the closing results, both markets still had not escaped a widespread sharp decline.
However, judging from the trend in the last ten minutes of trading, the market's panic selling had completely dissipated, and various major funds had also massively poured in to bottom fish.
This also means that the market's most desperate time had probably passed.
Facing such closing results in both markets, Su Yi looked at his holdings...
He saw that in his stock account, his current holding size had reached 540 million, and his total assets had reached 591 million.
Among these, he held 71 million shares of 'Teli A', with a floating profit of nearly 7.5 million.
He held 200 million shares of 'Tianqi Lithium' with a floating profit of 690,000; he held 130 million shares of 'Ganfeng Lithium' with a floating profit of 460,000.
He held 120 million shares of 'Dofodo' with a floating profit of 210,000; he held 19 million shares of 'Tianci Materials' with a slight loss of 42,500.
Besides the stocks he held, there was still 50 million in available cash in the account.
As for the margin account he opened, with 400 million in available funds, he had not yet used a single cent.
This portion of margin funds, since it could only be used to buy margin trading and short selling eligible stocks and its use incurred certain interest costs, Su Yi intended to wait until the market rebound trend became clear, or until the 'lithium battery' cycle reversal signal was clear, able to consolidate funds and form a consistent bullish expectation, before using it.
"'Teli A' hitting the limit-up today has basically cemented its position as the market's concept leader, right?' During the post-market review time, Old Wu from 'Yintai Road', who made a big profit by following the trend today, smiled and @-mentioned Su Yi in the internal group of 'Modu Super Short-term Gang' main speculative funds where Su Yi was, saying, 'Brother Su, you must have increased your position, right?'"
"'No,' Su Yi said. 'I'm afraid if my position is too heavy, everyone else would be afraid to follow.'"
At this time, the overall tradable float of 'Teli A' was less than 4.5 billion.
Su Yi's holding of over 70 million was already quite substantial given this tradable float.
If he continuously increased his position on a large scale, buying his holdings to over 100 million, that would create a dominant situation on the market.
Thus, under circumstances where 'Teli A' had not yet fully formed a consistent bullish expectation.
It would easily cause concerns for subsequent funds looking to buy in, hindering the subsequent evolution of market sentiment for 'Teli A'.
In short, when the funds' follow-the-trend sentiment had not yet completely formed a virtuous cycle.
'Monopolizing profit' cannot resonate with various funds and create emotional synergy.
"'Brother Su's mindset is impressive...' Old Zhang from 'Xinzha Road', hearing Su Yi's words, couldn't help but praise, 'The primary thing isn't how much profit to make, but how to make the market move, how to attract more bullish funds to participate, thereby further stimulating bullish market sentiment. This kind of mindset... in the speculative fund world of the entire market, it's probably hard for anyone to compare with Brother Su, isn't it? Anyway, I definitely can't do it.'"
"'Not being able to do it is normal,' Brother Chen from 'Xinyue Road' said with a smile. 'Otherwise, money in the financial market wouldn't be so hard to earn.'"
"'If there's a second, there'll be a third,' Xu Qiao said. 'Brother Chen, what you said yesterday is very likely to be proven true.'"
Brother Chen thought for a moment and replied,
"'For now, it's not certain. It depends on how the overall market performs tomorrow, and it also depends on whether there are any other unexpected negative factors related to the 'state-owned enterprise reform' concept theme tonight.'"
"'We also need to see how the 'Teli A' stock's Dragon-Tiger List data performs today,' Old Wu from 'Yintai Road' chimed in. 'If there isn't a dominant player situation, then tomorrow should be stable.'"
As they were talking, the time had unconsciously reached 5 PM.
The Dragon-Tiger Lists for both markets refreshed.
It was seen that 'Teli A' stock, which was highly anticipated by the market and achieved two consecutive limit-ups against the trend amidst two consecutive days of sharp market decline, unsurprisingly remained on the list.
And according to the disclosed Dragon-Tiger List buying and selling data.
It could be seen that today on this stock, the main buying forces were the two speculative fund groups: 'Gusu Faction' and 'Modu Super Short-term Gang'.
Among them, the 'Gusu Faction' intervened relatively lightly.
Three associated buying seats had buying amounts between 10 million and 15 million.
Conversely, in the internal group of 'Modu Super Short-term Gang' main speculative funds where Su Yi was, Xu Qiao and Brother Chen from 'Xinyue Road' intervened more deeply, with Brother Chen buying over 37 million and Xu Qiao buying over 24 million.
"'Brother Chen, you've heavily intervened!'"
Seeing the 'Teli A' Dragon-Tiger List buying and selling data disclosed, Old Wu from 'Yintai Road' said with a smile in the group.
Brother Chen from 'Xinyue Road' responded,
"'Since Brother Su promised to lock his position, with such a clear opportunity, then I definitely have to intervene heavily. It's rare to wait for such an opportunity; I must recover the losses from 'stock market crash 2.0' in one go!'"
"'Brother Chen, your style seems a bit different from before,' Old Zhang from 'Xinzha Road' teased. 'I remember when you stumbled on 'Baofeng Technology' stock before, you said that the position size for a single stock afterward would definitely not exceed 30 million. So now... why has it suddenly changed?'"
"'Haha... Brother Chen's boldness must have been learned from Brother Su,' Xu Qiao laughed loudly."
Brother Chen coughed lightly and said,
"'Recently, I have indeed been somewhat influenced by Brother Su, and have improved and revised my previous trading system.'"
"'It's rare to see Brother Chen making such a large purchase.' Old Wu from 'Yintai Road' paused, then continued, 'Compared to Brother Chen and Brother Xu, my buying volume seems a bit petty. Alas... it seems I still need to learn from Brother Su. For high-certainty opportunities, take heavy positions; for low-certainty opportunities, either let them go or just take small positions to test the waters.'"
"'That's right, I only recently fully understood this point,' Brother Chen said. 'The most important thing is to know when to hold cash and rest when there are no relatively clear opportunities; you can't force trades. My biggest losses in these two stock market crashes were all caused by forcing trades. When opportunities are forced, it means high risk and low returns.
To be honest... what I admire most about Brother Su's trading operations is not his techniques and ability to control and guide the market, but his ability to always restrain his desire for frequent trading, only making a move at critical moments, and otherwise largely remaining in a cash position.'"
Hearing Brother Chen's words, Old Wu from 'Yintai Road' pondered for a long time and couldn't help but sigh,
"'Old Chen, you're right. In this market, those who know how to buy are apprentices, those who know how to sell are masters. But traders who can restrain their desire to trade when the market trend is unfavorable, know how to hold cash at the right time, and wait for opportunities with an empty position, are the true perennial winners and patriarchs of trading in this market!'"
"'I'm not as formidable as you two say.'"
Su Yi, hearing Brother Chen and Old Wu's praise for him, was quite taken aback for a moment.
The reason he was able to perfectly avoid the two stock market crashes was because he was a reborn person with the ability to foresee macro market trends.
Otherwise...
According to his previous trading experience, he would also not have been able to perfectly escape the top and buy the bottom with such precision.
Of course, this was his unique advantage as a reborn person in the financial market, and since he had this advantage, he was bound to fully leverage it, and by utilizing his past trading experience and market analysis skills, using the funds at hand, to maximize the capture of market super profits.
Along with the group's discussion about the Dragon-Tiger List data for 'Teli A' stock.
At the same time.
On other major stock investment discussion platforms across the entire network, countless groups of short-term investors were also in full swing with their discussions about 'Teli A' stock, and with everyone's discussion, the market's attention to this stock was also continuously soaring upwards.
And gradually became the most popular concept stock in both markets.
And when 'Teli A' stock, after more than a month, once again returned to the top of the hot stock list in both markets.
At 8 PM, another piece of news Su Yi was expecting finally arrived belatedly.
According to market news.
Global lithium giant SQM announced that due to continuous rainfall and flood disasters in Chile's northern Atacama region, as well as disruption to transportation, its mining factory in the Atacama region would suspend production.
Meanwhile, another lithium giant, Albemarle's subsidiary Rockwood Lithium, also announced that, forced by continuous rainfall and flood disasters, it would suspend production at some of its factories in the Atacama region, and anticipated that due to increased difficulty in brine lithium extraction caused by the floods, there would be a certain supply-demand gap for global 'lithium carbonate' in the coming period.
As soon as this news was released, it shook all domestic investors in the 'lithium battery' and 'new energy industry' sectors.
It also allowed numerous domestic industry-related enterprises, which had long been hovering on the brink of losses or even struggling amidst heavy losses, to breathe a huge sigh of relief, seeing the dawn of an industry cycle reversal in their eyes.
However, while some were excited and happy, others were angry and regretful.
At this moment, General Manager Lu Xiangxiang of 'Jufeng Asset Management Company', who had already left work and returned home, seeing this news, was so angry she almost spat blood, filled with endless regret:
"Why, why... did I overlook the news about the continuous rainfall and floods in the Atacama region? The floods in the Atacama region were already being reported a week ago! Why did I overlook it? And why didn't the market react?"
If she had paid attention, and the market had reacted earlier.
Then she wouldn't have, in these past two days, continuously cut positions in 'lithium battery' and 'new energy industry' stocks, wouldn't have cut her losses at the bottom on over a billion in quality shares, leaving her now only able to watch this significant positive news for the 'lithium battery' industry powerlessly.
"'Oh god, why did this positive news come out precisely at this moment!'"
Despite being powerless, she still couldn't help but complain.
And in her heart, she suddenly started thinking about the funds that, during the late trading session today, aggressively bought up 'Tianqi Lithium', 'Ganfeng Lithium', 'Dofodo' and other core 'lithium battery' stocks at their limit-down prices, violently bottom-fishing.
Her mood became even more depressed for no reason, and in an instant, she felt a surge of hatred towards these funds that had swept up her dumped shares at low prices, feeling that if it weren't for these funds secretly bottom-fishing, she might have awaited the dawn of this opportunity.
Su Yi didn't expect that he was just conducting normal bottom fishing and position building on the market, which would draw such great dissatisfaction and resentment from some people.
Of course, even if he knew, he probably wouldn't care too much.
After all, the rules of the financial market are clear: if one's strength is insufficient, one must accept the loss, which is nothing more normal.
It's just that he didn't care, but someone else cared exceptionally, feeling that he was blocking their path to wealth.
So, Lu Xiangxiang, unable to contain her anger, even though the Dragon-Tiger List had not publicly disclosed information, began to illegally investigate, through her brother-in-law who worked at the Modu Stock Exchange, the background of the funds that caused her to stumble badly today and seized most of her holdings, thinking she must exact her revenge!
(End of this chapter)
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