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

In the center of the crowd, Lu Chenzhou sat in front of the trading terminal, calmly looking at the position information on the screen.

He didn't cheer, he wasn't excited, he didn't even laugh.

He glanced at the string of numbers briefly, then closed the trading interface.

The bald man next to him leaned over, his expression having changed from skepticism yesterday to complete admiration.

"Lu, I'm truly impressed by what you did today."

The bald man gave a thumbs up: "Yesterday I said that if you lost any of the principal and interest from the leveraged investment, you wouldn't lose a single penny. It seems I was too narrow-minded."

He hesitated for a moment, then lowered his voice: "Lu, I also have some spare cash. I couldn't place an order today, so I didn't manage to buy anything. Do you think I should try again next Monday?"

Lu Chenzhou stood up and packed his things: "If you waive my interest, I can give you some advice."

The bald man's face stiffened for a moment, then he chuckled dryly, "Well... business is business..."

Lu Chenzhou didn't say anything more and turned to leave.

At exactly 3 p.m., the moment the closing bell rang, the entire dormitory building of the School of Finance and Economics at Renmin University of China erupted in chaos.

The corridor on the third floor of the male dormitory building for the Finance Department was packed with people.

Some people rushed out of the dormitory barefoot, some shouted while holding up their phones, and some stood in the hallway laughing wildly at the ceiling.

"It's hit the daily limit! All stocks are hitting the daily limit!"

"The market rose by 9.46%, the first time in my 20 years of life that the market almost hit the daily limit."

"CITIC Securities' stock price was locked at the limit up price all day, and Lu Chenzhou made 63,000 yuan on his 600,000 yuan investment in one day."

"Sixty-three thousand? He bought it at the limit-down price of 15.42 yesterday, and it closed at 17.88 today, making a profit of 2.46 yuan per share. He bought 38900 shares and made 95,000 yuan in one day, not sixty-three thousand."

"Wait, which one is correct? His holdings are worth 695,000, and his purchase cost yesterday was 600,000. The difference is 95,000, which is correct. He made 95,000 in one day."

"What about interest?"

"Who cares about interest? Earning 95,000 a day is more than I made in three years of salary."

"The key is this increase! Did you guys see today's market? The Shanghai Composite Index opened 9% higher, above 2000 points right from the start, and barely pulled back throughout the day. I secretly checked the market on my computer during the third period this morning, and my hands were shaking."

"And did you notice that the trading volume in the two markets broke records today, more than 100 billion yuan! More than 100 billion yuan! Last week, the daily trading volume was only a few hundred billion yuan, but today it has more than doubled."

"That kid Lu Chenzhou really made the right bet."

"Gambling? This can't be called gambling! This is divine prediction! When the three major positive developments came out last night, I knew he was going to become a legend."

The chatter in the hallway grew louder and louder, and more and more people poured out of the dormitory.

Someone suddenly shouted, "He's called 'Leverage Bro' on Tieba, and now the whole internet is talking about him."

"What 'Leverage Bro'? From now on, we'll call him the 'Stock God'."

"Yes, yes, Brother Lu, from now on we'll call you God Lu."

Of course, some people were envious and jealous, muttering under their breath that it was just a stroke of luck!

At the end of the corridor, a bespectacled boy leaned against the wall, holding a laptop in his hands. The screen displayed today's intraday chart of CITIC Securities.

His name is Li Ming. He is Lu Chenzhou's classmate in the dormitory next door. Yesterday, when Lu Chenzhou came to borrow money, he lent him five hundred yuan.

He stared at the straight line of the daily limit up on the computer screen, muttering to himself, "Five hundred yuan... I lent him five hundred yuan..."

His roommate nudged him and said, "What's wrong? Feeling sorry for him? It's not like he's not going to pay you back."

Li Ming shook his head, his eyes a little red: "It's not that I feel sorry for him, it's that I regret it. When he borrowed the money, he said he was going to buy stocks, and I laughed at him, saying he was crazy."

And what happened? They were making 95,000 yuan a day, while I was still worrying about 500 yuan. My perspective was too narrow.

My roommate paused for a moment and then said, "...Don't say anything more, I regret it too."

When he came to our dorm yesterday, I hid in the bathroom and didn't dare to come out, for fear that he would ask me for money.

"If I had known he could earn so much, I would have lent him the money myself."

The two exchanged a glance and sighed simultaneously.

The reactions in the girls' dormitory were more complex than those in the boys' dormitory.

"Did you see the market today? The index almost hit the daily limit up, it really almost did."

"I saw it, I saw it. I secretly used my computer to check it during class today. When I saw CITIC Securities' stock price hitting the daily limit, I almost shouted it out in the classroom."

"Do you think Wen Zhiyu went to the trading hall today?"

"It seems so. I saw her in the cafeteria this morning. She was very pale, clutching an envelope, and hurrying out."

"She wouldn't...really be going to buy stocks, would she?"

"No way? Where did she get the money? Her mother's illness costs several thousand yuan a month just for medical expenses, and she sends all the money she saves from working home."

"But didn't she say before that she wanted to take a gamble? She said Lu Chenzhou was right, that below 2000 points was the bottom."

"Is she crazy? Lu Chenzhou is using ten times leverage. He dares to gamble because he has the ability. Wen Zhiyu is a girl who has never even opened a stock account. What is she doing getting involved?"

"I don't like what you're saying. Why can Lu Chenzhou gamble but she can't? She also studied finance, and she understands valuation and policies."

And think about her family situation. With her mother's illness, how long would it take to raise enough money for surgery by working odd jobs?

She just wanted to take a gamble; if she didn't, her mother would die, and this was her only chance.

"But... what if we lose money? That's her mother's life-saving money!"

"That's why she went to the trading hall today to keep an eye on things! If she wins, her mother's surgery fees will be covered. If she loses..."

"What if we lose?"

"Don't say discouraging things. Lu Chenzhou already said that this is the bottom, and she believes him."

The dormitory was quiet for a few seconds.

"Do you think Lu Chenzhou knows that Wen Zhiyu went today?"

"They probably don't know, right? They're not even close."

"But Wen Zhiyu seems to pay a lot of attention to him. At the last salon, when Lu Chenzhou was speaking, Wen Zhiyu was sitting in the back row and was taking notes the whole time."

"What's wrong with taking notes? Everyone's doing it."

"It wasn't that kind of note-taking... It was the kind where she kept her eyes fixed on Lu Chenzhou, her pen didn't move for a long time, and she didn't write a single word on the paper."

"You're observing way too closely!"

"I was just saying."

"Alright, alright, stop gossiping. I hope she really made a profit today! She's had such a tough time."

In the Finance Department's teaching and research office, Zhou Xingbang sat with today's closing data prominently displayed on his computer screen.

Shanghai Composite Index: 2075.09 points, up 9.46%.

Shenzhen Component Index: 7154.00 points, up 9.00%.

Trading volume in both Shanghai and Shenzhen stock exchanges exceeded 1300 billion yuan.

He kept refreshing the page, as if he couldn't believe his eyes.

It's not that I don't believe the market has risen; with three major positive factors released simultaneously, a market surge was to be expected.

What he couldn't believe was that his student, Lu Chenzhou, who was usually low-key and reserved and never showed off, had actually hit this crucial point perfectly.

Moreover, it uses a 10x leverage.

Moreover, it was a fully invested position at the daily limit down price of CITIC Securities.

Moreover, this happened when everyone was mocking him, questioning him, and waiting to see him make a fool of himself.

The phone rang. Zhou Xingbang glanced at the caller ID; it was the college's vice dean in charge of student affairs.