Film and Television World Life Record

Orders placed during this period are the least reliable, because they cannot be executed immediately and can be cancelled at any time.

If you see a stock with many buy orders at its daily limit up during this period, and you were originally planning to sell but decided against it because you think the market is doing well today, or if you see so many buy orders and feel tempted to buy in, you might quickly place your own buy orders to chase the price higher.

However, what you don't know is that these large orders will be cancelled in the last few seconds before 9:20, leaving those of you who followed the trend and chased the rise with your orders hanging on the limit up price. By then, it's too late to cancel them.

Taking advantage of this opportunity, they placed sell orders and sold the stock at a high price.

Therefore, during this period, no matter how tempting the pre-market orders are, you shouldn't trust them too much. Most experienced investors will still follow their own rhythm, buying and selling as they see fit.

The second time period is from 9:20 to 9:25. Orders placed during this period are the most genuine, and only placing orders is allowed; cancellations are not permitted.

The call auction phase officially ended at 9:25 AM, and the trading price at this point is the opening price of the stock for today.

第三个时间段9:25-9:30：开盘前5分钟，只接受申报不会做任何处理，这5分钟下单申请在券商系统里暂临时存放，上传到交易所的时间是9:30。

Li Mu stared at the Baofeng Video centralized bidding interface. Time quickly entered the second stage, and at 9:25, the opening price for the day was officially set at 7.85 yuan, which was also the limit-up price for this stock.

During the opening auction phase, a total of 17872 lots were traded.

According to the trading rules, price takes priority, then time takes priority. Since both are at their daily limit up and the prices are the same, the order placed earlier will be executed first.

Li Mu's orders were executed during the call auction phase, with over 5,000 lots traded. Clearly, the two orders he placed first were the ones that were executed.

At 9:30 a.m., the stock market officially opened for trading, and Baofeng Technology was still firmly locked at the daily limit by a large number of buy orders.

There were only a few scattered sell orders, mostly in the tens or hundreds, with very few exceeding a thousand.

.........

Chapter 105 Hot

Li Mu knew that these sell orders were actually from small investors who had finally won a share subscription for new shares. Many of them were scared by the unpredictability of the stock market and preferred to play it safe.

I'm satisfied as long as I make a small profit; I'll sell my shares on the first day of listing. I'm not greedy; even just making one limit-up is good enough.

Time passed slowly, and the trading continued until 11:15 a.m., when the trading volume of Baofeng Video exceeded 75,000 lots.

Li Mu's more than 20,000 buy orders were all completed, which surprised and pleased him greatly. He had finally caught this train.

Next, as long as everything goes smoothly and no unexpected events occur, these stocks will turn into a huge fortune of hundreds of millions.

It will become the cornerstone of his future career development.

……

The next day, having used up his leave and still not having completed the resignation process, Li Mu had no choice but to go back to work.

Li Mo arrived at the company at nine o'clock and had a meeting as usual. The meeting ended after more than half an hour. He returned to his small office and checked Baofeng's stock information on his mobile phone.

As expected, it hit the daily limit again, and this time it was driven up by a huge number of buy orders. It has already shown some signs of becoming a future mega-stock.

Given the explosive growth of Baofeng and the fact that it is favored by more people and funds, today's trading volume is pitifully low, less than one-third of the trading volume of the same period yesterday.

Li Mu felt somewhat fortunate. Luckily, he got on the bus yesterday; otherwise, it would have been really difficult today.

In the days that followed, Li Mu handled his current work and ensured a smooth handover with his colleagues. Simultaneously, he began developing a business plan, drawing on his real-world experience to devise a strategy for rapid growth and enabling the company to quickly stand out.

……

As expected, Baofeng's momentum grew stronger and stronger, hitting the daily limit repeatedly, revealing its characteristics as a major speculative stock.

For the first few days, he would check the stock market every morning as soon as it opened, fearing that there might be something wrong with the stock's performance. After a week, he became completely numb to it.

Every day, as soon as the market opens, it is immediately locked at the daily limit by huge buy orders, with very little trading volume. Clearly, everyone has seen the trend of Baofeng Video becoming a huge hit.

Like cryptocurrencies, the stock market is driven by consensus. When everyone believes a stock has great potential and is trending hot, they rush in. With countless funds pouring in, even if you're not popular, they can still make you popular.

So Li Mu put aside his anxiety and focused more on other things.

……

Before long, another period of time passed, and it was mid-April. Li Mu completed the procedures and officially resigned.

Now he has a lot of free time, and he spends his days researching and studying major news platforms and short video platforms both at home and abroad.

Analyze their strengths and weaknesses, and compare them with successful real-world cases to accumulate more case studies and experience for your future entrepreneurial endeavors.

That day, Li Mu went out for a stroll to relax. He passed by a securities company branch and was stunned by what he saw there.

The area outside the branch was packed with all kinds of vehicles, and inside it was teeming with people queuing up to open accounts and trade.

Everyone had a beaming smile and a rosy complexion, clearly having made a fortune in this bull market. Everyone thought they were stock market geniuses, certain to win big whenever they made a move.

One investor excitedly boasted, "I just saw signs of a market rally, so I bought a stock, but I was in such a rush that I entered the wrong code and ended up buying it at the daily limit up!"

In this environment where a bull market is gradually taking off, there are countless examples of this; you could make money even if you bought blindly. Countless people, envious of the potential profits, are frantically pouring in, adding funds, and increasing leverage…

With more and more people and funds joining in, the stock market became even more frenzied, with indices rising higher and higher and trading becoming increasingly active.

Li Mu checked his phone and saw that Baofeng Technology had hit the daily limit for 20 consecutive days, with its stock price increasing 6.7 times to 47.8 yuan. The market value of the Baofeng shares he held had exceeded 100 million yuan.

The Shanghai Composite Index also reached 4300 points.

If things followed the trajectory of the real world, all of this would come to an abrupt end in less than two months, followed by a dramatic collapse, and the wealth of countless people would vanish into thin air.

Li Mu sighed slightly. He really had no right to make sarcastic remarks, because he was also a beneficiary of this feast.

In fact, if Li Mu were willing to take more risks, the returns could be even greater.

For example, he currently holds more than 100 million yuan worth of Baofeng shares, and his leverage ratio has dropped to an extremely low level. If he were to further increase his leverage, he could easily borrow another 100 or 200 million yuan from a margin trading company.

If you invest one or two hundred million yuan in other A-share companies' stocks and take advantage of the current favorable market conditions, even with a 50% increase, you could make a profit of fifty million to one hundred million yuan.

But it's unnecessary and too much trouble.

If the 26747 lots of Baofeng stock I currently hold successfully reach a price of 327 yuan in the future, each lot will be worth as much as 32700 yuan.

The total value of the stocks held by Li Mu is 8.75 million yuan.

With such huge potential profits already in sight, he didn't want to take the risk for a small portion of the returns.

After all, they are two different worlds with many differences, and it is uncertain whether the stock market will develop in the same way as in reality.

If you add leverage and the stock market starts to plummet, you not only won't make money, but you'll also have to give back any profits you made earlier.

Even with Baofeng Video, Li Mu wasn't sure if it would follow the trend in reality, whether it could reach the height of 327 yuan, or whether it would lose momentum after a while.

Li Mu didn't expect to cash out at the high price of 327 yuan, as that was almost impossible. To successfully escape and cash out, he had to sell before the stock price reached its peak and have enough people to take over.

The most suitable price is actually 300 yuan or less.

In addition, to be on the safe side, once the 29 consecutive limit-up days of Baofeng's stock price have ended and the stock price has broken through 100 yuan, Li Mu will choose to cash out a portion of the shares and wait for the second wave of the market after the adjustment.

Who knows if it will continue to rise after the adjustment? What if it falls? It's good to secure some profits.

In the evening, I returned to the Joyful Song residential complex. As soon as I stepped into the elevator, I heard the chattering of several girls behind me.

"Sister Fan, that donut shop has really good flavor. Guan Guan and I go there often."

"Sister Fan, please try some..."

Fan Shengmei took a donut and smiled, "Xiao Qiu, thank you."

Despite being the most senior and highest-paid among them, Fan Shengmei actually lives in the cheapest room and is the most strapped for cash.

She meticulously budgets each month, and if she has a slight surplus, she goes out to buy some counterfeit goods to maintain appearances. She appears glamorous on the outside, but secretly she's constantly teetering on the brink of bankruptcy.

Several girls chatted and laughed as they entered the elevator.

Li Mu glanced at them, nodded slightly, and said nothing. They had already crossed paths several times in the past few days. The women also noticed Li Mu, and the outgoing Qiu Yingying stepped forward and said, "Hello, we are your upstairs tenants, I am Qiu Yingying."

"This is Guan Juer, and this is Sister Fan. From now on, we'll be neighbors."

Li Mu smiled and said, "Hello, I am Li Mu. Welcome to be my new neighbors."

"Do you want some donuts? They're so delicious!" Qiu Yingying said with a hearty laugh.

Li Mu looked at the donuts Qiu Yingying handed him; they looked pretty good. He took one and took a bite.

"It tastes good, thank you for the donuts, Xiao Qiu."

Qiu Yingying said smugly, "I told you it would be delicious."

After a few more brief words, the elevator reached the twenty-first floor. Li Mu nodded to them, said nothing more, and left with a dashing silhouette.

There's still plenty of time. There's no need to try to get close to them now. We'll make our move when the time is right and let things take their natural course.

Chapter 106 Origin Technology

Time flies, and May has arrived in the blink of an eye. Baofeng Technology has officially ushered in its 29th consecutive daily limit up, with its stock price reaching 113.26 yuan.

However, compared to the previous days, the limit orders today were not very strong, with only over 30,000 lots.

Without hesitation, Li Mu opened a brokerage firm's trading software and sold all 3821 lots of Baofeng Video shares stored in the margin trading company's escrow account.

Although the order was not small, it was completed instantly, as expected.

Based on the current stock price, one lot costs 11326 yuan, which means a cash-out of 4327 million yuan.

Li Mu opened the second brokerage stock trading app on his phone, looked at the same 3821 lots of Baofeng Video stock, considered it for a while, and ultimately decided not to sell. He would wait for the next wave of market activity.

They cashed out over 40 million, which is enough to cover the company's initial expenses.

Previously, Li Mu had selected a total of seven securities firms and margin trading companies, investing 500,000 yuan in each and using 2.5 million yuan in margin financing.