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

That very night, Tsinghua University's BBS was completely overwhelmed.

The post about Lu Chenzhou has reached 600,000 views, breaking the site's record since its inception.

The main post title has just been updated: [Leverage Bro's God-like Day: Earning 600 million in one day by shorting three stocks, turning 1 into 9678 million in 16 days]

The post provided a detailed recap of Lu Chenzhou's actions today:

Short selling target: BYD Electronic (HK0285)

Short selling volume: 652.17 shares

Average short selling price: HKD 4.61

Closing price: HK$3.65

Unrealized profit/loss: +626.08 million HKD (+20.82%)

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Short selling target: China National Building Material (HK3323)

Short selling amount: HK$3600 million

Transaction price: HK$9.65

Closing price: HK$9.45

Unrealized profit/loss: +73.47 million HKD (+2.07%)

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Short selling target: Huaxin Pacific (HK0267)

Short selling amount: HK$2273 million

Transaction price: HK$23.15

Closing price: HK$22.10

Unrealized profit/loss: +106.07 million HKD (+4.67%)

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Total short selling amount: HKD 8873 million

Unrealized profit/loss: +805.62 million HKD (+9.09%)

Since September 18, Lu Chenzhou's personal funds started at 9 yuan and grew to 9678 million Hong Kong dollars in 16 trading days, an increase of nearly 1 times.

The number of replies to the post is increasing every second:

"Ten thousand times? 16 days? Did I miss a few zeros?"

"You read that right, ten thousand times. 1 yuan, in 16 days, becomes 9678 million yuan."

"This isn't stock speculation, this is printing money."

"I'm convinced, truly convinced. Before, some people said it was luck, but today he shorted CEFC China Energy. Who dares to say that was luck?"

"China Resources Pacific! The Rong family's company, a constituent stock of the Hong Kong Hang Seng Index, and they actually dared to short it, and they were right!"

"The key point is that after he shorted out, funds followed suit and shorted out today. If you look at the intraday chart of Huaxin Taifu, the plunge in the afternoon was clearly caused by large institutions dumping shares."

"So when he said 'waiting for someone to carry us in a sedan chair,' was he referring to an organization?"

"Yes, he sets up the prototype, and the institutions follow suit. He makes the lion's share, while the institutions make a small share. He has changed the expectations of the entire market."

"Is this even human?"

"Not a human, but a god."

But there are also dissenting voices:

"10,000 times in 16 days, you really believe that? There's clearly something fishy going on."

"Hey upstairs, tell me what inside information he has? Every stock he buys is publicly available information."

BYD's electric vehicles and CEFC's Australian projects are all listed in the financial reports.

You might not believe it even if you saw it, but he did.

"Exactly, just because you don't understand it yourself, you accuse others of having inside information. It's a typical sour grapes mentality."

"I'm not being sarcastic, I just think this is abnormal. A student earning nearly 100 million in 16 days, do you think that's normal?"

"What's abnormal about it? When he leveraged ten times to buy CITIC Securities at the bottom, you all said he was abnormal too."

And what happened? Three major positive factors were released, and the market hit its daily limit.

When he went all in shorting BYD, you all said he was acting strangely.

And what happened? The stock price plummeted from 16 yuan to 12 yuan.

When he shorted Huaxin Taifu, you all said he was abnormal.

And the result? Huaxin Pacific fell 2.43% today. He just happened to be right, what can you do about it?

"I checked, and from September 18th until now, every single one of his transactions has been made public."

The purchase time, sale time, price, and quantity are all recorded.

No transaction was disclosed afterward.

What does this show? It shows that all his actions were planned in advance, not just luck.

"And did you notice that he only used 2273 million to short Huaxin Pacific today?"

His total funds were 8873 million, but he didn't use them all. Why?

Because he knew that Huaxin Taifu's scale was too large, he didn't want to attract regulatory attention.

This sense of proportion is something a gambler can't possess.

"So he really figured it all out?"

"Yes, he's not gambling; he's trading his knowledge."

"So Leverage Bro has truly become a legend."

"Not a deification, but a kingship. The king of bottom-fishing, the king of short selling."

That evening, major financial websites such as Sina Finance, Sohu Finance, and Hexun.com all featured Lu Chenzhou's actions as their top story.

Sina Finance's headline is: "Renmin University student grows from 1 to 9678 million in 16 days; shorting Huaxin Taifu is the finishing touch."

Sohu Finance's headline is: "The Birth of Two Kings: A Student's HK$9678 Million Legend."

The headline on Hexun.com is: "Lu Chenzhou: I'm not gambling, I'm trading my knowledge."

After the news was released, the comments section was filled with reactions ranging from amazement and skepticism to mockery and admiration.

"A 10,000-fold increase in 16 days? Is that even possible for a human?"

"Is he using cheats?"

"That's real skill; you can't learn it."

"I checked every single one of his transactions, and it was all publicly available information. I can only say that his level of understanding far surpasses that of the average person."

"Cognitive level? To put it bluntly, it's just good luck."

"Let me see you get lucky? Starting with buying CITIC Securities at the limit down price, every step you took was perfectly timed. Can luck explain that?"

"What I find most terrifying is that he shorted CEFC China Energy, a company owned by the Rong family, and he dared to short it."

"Did you see what he said? 'Do you think Hong Kong is still the Hong Kong before 1997?' That's a very profound statement."

"So he can earn 100 million, while you can only browse this forum."

That hurts.

"I've worked in finance for twenty years and have met countless so-called 'stock market gurus'."

Many people make money in a bull market, but very few can still make money in a bear market.

People who can make money with high leverage during a bear market are extremely rare.

I've only ever met one person in my life who can make money shorting big-name companies with high leverage during a bear market.

Lu Chenzhou's success was not due to his intelligence, but to his foresight.

He was looking ten years into the future, not tomorrow.

He wasn't buying stocks, he was buying a direction.

He emptied not only Huaxin Taifu, but also the mindset of the old era.

"Do you think Hong Kong is still the Hong Kong before 1997?" That question is worth a hundred million.

"Earning 600 million a day is 4200 million a week, 1.8 million a month, 21.9 billion a year, and 22 billion a year—that's insane!"

"Pfft! You're really good at math. The stock market doesn't trade on Saturdays and Sundays, nor on holidays. And you can't make 600 million every day; sometimes you even lose money."

"Losing money? When have you ever seen Brother Lu lose money?"

"China National Building Materials' stock price went up today, so didn't he lose a little money?"

"Holy crap! Your angle is a bit tricky, but I want to tell you that the account made a profit that day, and the individual stocks also made a profit."

"Now I truly understand the saying 'True ruthlessness is calmness.' Lu Chenzhou perfectly embodies this. He's a truly ruthless person who doesn't talk much. He just sits there quietly, but he dares to short Huaxin Pacific!"

"Now I'm a little confused. Didn't Lu Chenzhou say that 1929 was a golden opportunity to buy at the bottom? Why did he go to Hong Kong to short sell? Is what he said true or false?"

"To truly understand a person, don't look at what they say, but at what they do. The fact that they are shorting Hong Kong stocks shows that they are not optimistic about the Hong Kong stock market recently. As for A-shares, they haven't bought a single share yet, which tells you what they are thinking."

"Oh! He was just talking big all along. I thought 1929 was a real golden opportunity! Do you think he'd ever come back to invest in A-shares?"