Becoming the King of Bottom Fishing After Going All-In on A-Shares

The courtyard house in the west of the city was eerily silent.

Zhao Xianglong slumped in his armchair, the computer screen in front of him displaying the intraday chart of CITIC Securities for the day.

The red curve that stretched from 19.41 to 21.01 and finally settled at 20.98 was like a knife, stabbing into his heart once again.

The assistant stood at the door, hesitant to come in.

After a long silence, Zhao Xianglong spoke in a hoarse voice, "Did he make money again today?"

The assistant forced himself to walk in: "Young Master, his own account has a floating profit of 32,000 today, with a total floating profit of over 210,000. The fundraising account has a floating profit of 21,000 today, with a total floating profit of nearly 50,000."

"Fifty thousand? The fundraising account made fifty thousand in two days?"

Zhao Xianglong muttered to himself, recalling how he had slapped his thigh and laughed wildly this morning before the market opened, looking at the data showing a sharp drop in US stocks: "The A-shares market is bound to crash today. I want to see how Lu Chenzhou dies, and how those who invested in Lu Chenzhou die."

The results of it?

CITIC Securities' stock price plummeted to a low of 19.41, and he thought it was finally going to crash, but then mysterious funds arrived and pushed it up to 21.01.

He shouted "Major players, hurry up and dump your shares!" all day, but all the shares he sold were swallowed up.

"Damn it!"

The assistant asked cautiously, "Young Master, should we consider buying some CITIC Securities shares tomorrow?"

Zhao Xianglong suddenly looked up, his eyes bloodshot, wanting to get angry, but his lips moved but he couldn't say anything.

He stared at the closing price of 20.98 on the screen, and then looked at the three consecutive days of gains that CITIC Securities had achieved.

From 15.42 to 20.98, the increase exceeded 36%.

If he hadn't sold at a loss on 15.42, if he had bought in on 19.11, if...

"Let's see tomorrow."

The assistant was taken aback; this was the first time the young master hadn't directly refused.

He responded with a "Yes" and silently withdrew.

Zhao Xianglong slumped back into his armchair, closed his eyes, and his mind was filled with the glaring red candlestick and Lu Chenzhou's ever-calm face.

"Lu Chenzhou..."

He murmured the name, his voice filled with complex emotions.

There was resentment, anger, jealousy, and a hint of fear that even he himself was unwilling to admit.

It was past nine o'clock at night in dormitory 302 when Lu Chenzhou pushed open the door.

Zhang Yixing, Yang Cheng, and Xia Yaozong all jumped up from their seats in excitement at the same time.

Zhang Yixing was the first to rush up: "Chen Zhou, you're back! You were so calm today. The market dropped so much at the opening, the three of us were on tenterhooks, but you didn't budge an inch."

Yang Cheng also came over, his face showing rare excitement: "The ministry leaders praised you again in the group today, saying that you are 'greedy when others are fearful,' and that you have a bright future."

Xia Yaozong leaned against the bed, munching on an apple: "Several people from CICC also want to meet you. They say that many traders with ten years of experience couldn't do what you did in the past three days."

Lu Chenzhou said calmly, "Like I said, this is just the beginning."

The three exchanged glances. Zhang Yixing hesitated for a moment, then asked, "Chen Zhou, what are your thoughts on tomorrow?"

Looking at the night outside the window, Lu Chenzhou said calmly, "Continue to hold the position."

Four words, no further explanation needed.

The dormitory was quiet for a few seconds.

Xia Yaozong spoke first: "I believe you."

Yang Cheng nodded: "Yes, I believe you."

Zhang Yixing smiled and said, "I won't question you anymore. Whatever you say goes."

Lu Chenzhou looked at his three roommates and nodded with a smile.

October 9th, Thursday.

Today, the trading hall of the business department was packed with people.

After learning that the fundraising account had seen two consecutive days of gains, even more people came to watch.

Even some stock trading enthusiasts from other schools came over just to see Ganggang Ge.

Everyone chatted and laughed about the US stock market, which had fallen again last night. Their tone was relaxed, completely unlike the anxiety of the previous two days.

"Haha, US stocks fell again last night, will CITIC Securities rise again today?"

"Don't worry, US stocks have been falling every day for the past few days, but CITIC Securities has been rising every day."

"I'm not worried. I'm used to the US stock market crashing. What I'm worried about is the US stock market suddenly rising one day."

"Wow, US stocks have now become an inverse index."

In a courtyard house in the west of the city, Zhao Xianglong stared at the closing data of the US stock market, which had fallen again, with red eyes. He gritted his teeth and said, "The US stock market has fallen for three consecutive days. I don't believe that CITIC Securities will not fall today."

"As long as CITIC Securities' stock price falls, those poor folks will definitely demand redemptions, and that will give Lu Chenzhou a run for his money."

The assistant beside him hesitated for a moment, but finally whispered a reminder: "Young Master, there have been rumors in the market these past few days that the pilot program for margin trading and securities lending is about to be launched. CITIC Securities is a leading securities firm, and with this positive news supporting it, it's probably not going to fall that easily."

Zhao Xianglong sternly rebuked, "Shut up! All the good news is just hype. In a bear market, there are no stocks that only go up and never go down. Today, I'll see him suffer a setback."

At 9:30, the opening bell rang precisely on time.

The Shanghai Composite Index opened slightly lower by 2.23 points at 2214.58. It briefly dipped to 2211.00 during the session, just as a slight tension and commotion appeared in the market. However, the atmosphere was immediately reversed by the strong opening of CITIC Securities.

CITIC Securities (600030) closed at 20.98 yuan yesterday. Today, it opened higher and continued to rise, opening at 21.65 yuan. During the session, it briefly retraced to 21.50 yuan before stabilizing. Large buy orders rushed in to support the stock, and the price remained in positive territory throughout the session.

As a leading securities firm, its performance directly led to a surge in the financial sector, with the market quickly rebounding from its decline and turning positive, demonstrating the initial signs of a correlation between individual stocks and the index.

"It's in the green! It opened high and continued to rise. It's too strong. CITIC Securities is going to take off today."

"I told you, a drop in US stocks is good news for us; US stocks are a contrarian indicator."

"If only US stocks fell every day, then CITIC Securities might rise every day."

"Uh! That's not very realistic. Things go up and down; it can't keep going up or down forever."

The trading hall was filled with chatter, as everyone crowded around the market data screen, chattering away. Even people from other schools who came to watch gathered around to discuss the market.

Lu Chenzhou glanced at the intraday chart, and the market structure was clearly visible:

After CITIC Securities stabilized at 22 yuan, it continued to rise, and the entire securities sector followed suit, with heavyweight stocks such as banks and insurance companies also strengthening in tandem. The Shanghai Composite Index was pushed up steadily, completely following the rhythm of CITIC Securities.

The students around them stared at the constantly fluctuating stock price, occasionally letting out a low gasp. Some were so nervous they were swallowing hard, while others couldn't help but mutter, "Go up a little more, go up a little more!"

The few scattered sell orders that appeared were immediately swallowed up by the overwhelming buying, and the bulls completely took control of the market.

After the market opened in the afternoon, the securities sector exploded, with off-market funds pouring in to snap up shares. CITIC Securities surged all the way up, reaching a high of 23.08 yuan and firmly locking in the daily limit, completely crushing the short sellers.

"It's hit the daily limit! It's locked at the limit!"

The hall erupted in excitement, with some boys jumping up and shouting.

Some people quickly pulled out calculators and frantically pressed the keys to calculate their account profits, their hands trembling as they pressed the keys.

The leading brokerage firm hit its daily limit, instantly igniting the entire financial sector. A collective surge in heavyweight stocks propelled the Shanghai Composite Index to a high of 2333.28 points, and a broad-based rally in stocks across both the Shanghai and Shenzhen stock exchanges was fully underway.

CITIC Securities ultimately closed at 23.08 yuan, a single-day increase of 10.01%, becoming the absolute core engine driving the market's counter-trend rebound.

At 3:00 PM sharp, the closing bell rang crisply, and the Shanghai Composite Index closed at 2297.50 points, a surge of 3.64%, with a total trading volume of 1200.53 billion yuan in both markets.

This market rally perfectly illustrates the strong correlation logic of CITIC Securities leading the gains, heavyweight stocks following suit, and the overall index rising accordingly.

Amid the global stock market crash, A-shares staged an independent and strong short squeeze rebound.

The sales department erupted in cheers as everyone thronged around Lu Chenzhou, the shouts nearly lifting the ceiling.

Many students stared at him with admiration, calling him "Brother Lu" enthusiastically.

Some people even deliberately blocked the onlookers, afraid of crowding him.

Lu Chenzhou opened the account and took a look.

Details of holdings in own account

Holding stock: CITIC Securities (600030)

Number of shares held: 38900

Historical average transaction price: 15.42 yuan

Today's closing price: 23.08 yuan

Today's portfolio value: 897812.00 yuan

Today's profit/loss: 81690.00 yuan (October 1st)

Total floating profit/loss: RMB 297974.00 (49.68%)

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Student fundraising account holding details

Holding stock: CITIC Securities (600030)

Invested principal: 500000.00 yuan

Historical average transaction price: 19.11 yuan

Number of shares held: 26164

Today's closing price: 23.08 yuan

Today's portfolio value: 603865.12 yuan

Today's profit/loss: 54944.40 yuan (10.01%)

Total floating profit/loss: RMB 103865.12 (20.77%)

My own account earned over 80,000 yuan in a single day, bringing the total unrealized profit to nearly 300,000 yuan.

The student's fundraising account earned over 60,000 yuan in a single day, with total unrealized gains exceeding 100,000 yuan.