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

At this moment, Lu Chenzhou was sitting in office 608 of the Science and Technology Park, quietly waiting for today's opening.

He was quiet, but in office 608 of the science park, the crowd in front of the trading board was buzzing with discussion.

"The US House of Representatives unexpectedly rejected a $7000 billion financial bailout plan, causing a sharp drop in US stocks overnight and spreading panic in global markets. Will BYD's stock price surge today as a result?"

"Huh? What kind of logic is that? US stocks are plummeting, so why is BYD's stock price soaring? Shouldn't it be falling?"

"Are you stupid? When US stocks plummeted before, the CITIC Securities stocks we bought surged. BYD might do the same."

"Holy crap! You're really treating US stocks as a contrarian indicator?"

"Our principal of HK$150 million has grown to HK$2325 million. Even with 2x leverage, that's HK$4650 million. It's exciting just thinking about it."

"Don't get excited. We withdrew HK$30 from the account today, leaving HK$2295 million. With double leverage, that's HK$4590 million."

"Oh! Right, Wen Zhiyu's mother needs to have surgery and withdrew 30 yuan. Brother Lu is a good person; he didn't charge her any handling fees or commission, he waived them all for her."

"A mere one-point fluctuation amounts to HK$45.9—that's terrifying!"

"No way? How did it become HK$4590 million? Shouldn't it be over HK$2 million?"

"Hey! The financing provider is backing out. They're worried that with too much capital and too much leverage, we can't afford to lose money."

"Damn, what a bunch of cowards! They won't even take the money that's offered to them. These margin trading companies are such cowards."

Lu Chenzhou glanced at them and said, "The market opens at 9:30."

Hong Kong stocks plunged 1,000 points in early trading, a drop of 5.5%, due to the negative impact of the rejection of the US bailout plan.

Even with Warren Buffett buying 2.25 million shares of BYD, the stock still fell 3.87% at the opening, with an opening price of 11.44. After the opening, it could not withstand the selling pressure and continued to decline.

11.44, 11.40, 11.35, 11.30...

When the price dropped to 11.30, Lu Chenzhou, who had been quietly watching the market, started placing orders like crazy.

一群人目瞪口呆地看着持仓帐户一路飙升：0、100万、1000万、2000万、3000万、4000万、4590万。

It wasn't until they had filled their positions that they came to their senses, staring at Lu Chenzhou in disbelief.

"Holy crap! Brother Lu, did you buy the wrong stock? Why did you buy BYD Electronics? What kind of stock is that?"

"Brother Lu, the market has dropped more than 5 points. Although it has stabilized and hasn't fallen further, isn't it too risky to go all in?"

"Yeah, Brother Lu, this is 45.9 million, not 4590 million. Even a slight fluctuation is 3000. The risk is too high. Why don't we reduce our position now before it drops further?"

"Didn't you say you weren't going to keep nagging about Lu Ge's deal last time? Why are you doing this again?"

"I didn't want to either! But the risk was just too high. Look how badly the market has fallen! We still went all in, it was crazy."

"What's there to be afraid of? Did Brother Lu miss out again? His 10x leverage all-in bet on CITIC Securities after it hit the daily limit down, his 10x leverage on BYD – weren't all those moves based on Brother Lu's judgment?"

"Yes, we believe in Brother Lu. Brother Lu is definitely right."

"But......"

"Holy crap! It went up! It went up! I knew Brother Lu was right. Brother Lu is awesome."

Other speculative funds and institutions that were paying attention to Lu Chenzhou's actions also followed suit and bought in frantically after they saw him buying in so aggressively.

比亚迪电子股票价格从1.90直线拉升、1.95、2.00、2.10、2.20、2.30、2.40.

After turning from green to red, it continued to rise.

Meanwhile, Hong Kong stocks staged a dramatic V-shaped reversal, closing strongly in the green and setting the tone for the end of September.

BYD Electronic closed at HK$2.55, up 20.85%.

Lu Chenzhou opened the details of his Hong Kong stock holdings:

Holding stock: BYD Electronic (HK0285)

Number of shares held: 2295 million

Average transaction price: HK$2.00

Closing price: HK$2.55

Market value of holdings: HKD 5852.25

Daily profit/loss: HK$1262.25 (27.5%)

Everyone stared intently at the holdings details on the screen, and the office became so quiet you could hear your own heartbeat.

Staring at the string of bright red profit and loss figures, no one dared to speak first, for fear of disturbing this incredible result.

After a long silence, everyone came to their senses.

"HK$1262.25...I made HK$1262.25 today? Am I seeing things?"

"You read that right, a 27.5% return, not a penny off. Brother Lu has once again achieved legendary status."

"Brother Lu, I'm completely convinced. I was so cowardly that I wanted to reduce my holdings just now. I was too narrow-minded. From now on, I will never say a word when you are in charge of the trading. I will follow your arrangements completely."

"I knew US stocks were a contrarian indicator. Brother Lu accurately bought BYD Electronics at the bottom. Following the stock god's picks, he made a fortune. His judgment is unmatched."

"A market value of HK$58,522,500... Our principal was HK$22,950,000, it's a pity we only had 2x leverage. If we had 10x leverage, wouldn't we have made over HK$60 million a day?"

"Tear! Horrible! I can't even imagine, it's too scary."

"When the market dropped 5.5% and BYD Electronics plummeted to 1.90, I really thought I was going to be liquidated. But Brother Lu didn't even flinch and went all in, then immediately pulled it back up. He's amazing."

"A single point fluctuation is 46.5. If it were me, my hands would have been shaking. Brother Lu's mentality is simply invincible."

"From now on, I'll definitely follow Brother Lu and do whatever he tells me without hesitation."

"Brother Lu is awesome! This bottom-fishing move has been added to our trading record."

The crowd surrounded Lu Chenzhou, their faces beaming with undisguised joy and admiration, turning the entire 608 office into a sea of ​​laughter.

The news spread like wildfire, reaching the entire campus from the Renmin University Science Park within just ten minutes, creating a huge uproar.

The dormitory building of the School of Finance and Economics instantly erupted in excitement. Students who were in class or studying all took out their phones and looked at the screenshots of stock holdings that were circulating wildly in the group chat, completely engulfed in a frenzy.

"Have you heard? Lu Chenzhou made money again today. BYD Electronics rose 20% in one day, earning him over 12 million!"

"Not just over twelve million, it's twelve million six hundred and twenty thousand! Hong Kong dollars! Adding yesterday's earnings, he made over thirty million in just two days!"

"Holy crap... what kind of incredible move is this? He shorted BYD yesterday and bought BYD Electronics today. Is he going head-to-head with BYD?"

"The key point is that the market fell by more than 5 points today! Hong Kong stocks plummeted by 1,000 points, and he actually went all in at the lowest point, and then it immediately rebounded and rose by 20 points. His judgment is amazing."

"And did you notice that he bought BYD Electronics, not BYD? BYD fell today, but BYD Electronics rose by 20%. How did he know to buy this one?"

"I don't know, but he does, and that's enough."

"I'm impressed, truly impressed. Yesterday I thought he was just lucky to have shorted the market with all his funds, but after today's move, I'm completely convinced."

"I heard he made over 20 million yesterday and over 12 million today, totaling over 30 million in two days. How much money does he have in his account now? Over 50 million?"

"Not only that, he had 150 million yuan of his own funds, which turned into 2325 million yuan yesterday. Today, he leveraged it twice to buy BYD Electronics, and the closing market value was 5852 million yuan. In two days, it increased fortyfold."

"Forty times? I fucking... I'm still worrying about next month's living expenses."