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

"??????"

"1935 million a day? I wouldn't earn that much in 100 years."

"No, look closely, he made HK$1935 million today even though Hong Kong stocks plummeted by 8.17%. The market was falling, but he was making money. What kind of operation is that?"

"Short it, bro, the more it falls, the more you make."

"The key is that he closed his position in BYD Electronics at the lowest point, 2.50, not a penny off. After he closed it, the price started to rebound. This move was absolutely amazing."

"Did you notice that after he closed out BYD Electronics, he immediately went short on China National Building Materials, and then China National Building Materials fell by 23% in one day? This is no longer a matter of market intuition, this is a prediction."

"I checked the timeline: at 9:30, the market opened, BYD Electronics was at 2.50, and he immediately closed his position. At 9:31, China National Building Materials started to be sold off. There was only a one-minute interval in between, which means he had already planned what to do today before the market opened."

"Does this guy have a script?"

"It's not a script, it's his mind. He thought through everything that would happen today in advance."

"I was watching the market closely. This morning, when the news of global central banks cutting interest rates came out, I thought it was a big positive. Before the market opened, I was wondering whether to chase the highs. But then the Hong Kong stock market opened with a 5% plunge, and I was completely stunned."

Then I saw Lu Chenzhou's actions. He closed his position in BYD Electronics at the lowest point and then went all in to short China National Building Materials.

I thought he was crazy. The market had fallen so much, and he was still shorting it? As a result, China National Building Materials fell by 23% in one day.

After the market closed, I did the math. If I had followed his lead and shorted China National Building Materials at 9:31, I could have made more than 20 points today.

But I dared not, not because I couldn't see, but because I dared not, while he dared.

"Hey upstairs, you're not alone. I saw it today too, but I hesitated and didn't follow along. Now I'm kicking myself."

"Stop talking. I followed along, but only made a little bit, enough to cover a meal. If I had gone all in, I could have quit my job today."

"At least you can see that I don't even have a Hong Kong stock account, so I can only watch helplessly."

"I live next door to room 608. In my 22 years of life, this is the first time I've ever seen someone like Lu Chenzhou. He made over ten million, but his expression was like he'd only made a thousand dollars."

"That's the mindset of top traders."

"It's not a mindset, it's a state of mind. He's already past the stage of being excited about money."

"That's bullshit. He's only 20 years old. How could he not be excited about the money?"

"You can tell by looking at his actions. He's not excited about the money; he's excited because he made the right prediction. The money is just a byproduct of that prediction."

"The key is that he also helped a group of people make money. Those classmates who invested in him have now seen their investments increase several dozen times over."

"I heard someone invested 10,000 and now has almost a million in their account."

"Really? Twenty days, a hundredfold increase?"

"Stop exaggerating. He was just lucky. When it comes to short selling, you can make a hundred profits but still lose more than you gain from one loss."

"That's right. Hong Kong stocks don't have daily price limits, so with such high leverage, a single rebound could wipe out his entire position."

"Upstairs, look carefully. He used his own funds to short China National Building Materials today, without leverage. And he shorted it at 7.65, and it closed at 6.42. The safety cushion is over 1 yuan, how could it explode?"

"Besides, every single trade he made from September 18th until now has been correct. You call that luck?"

"You think you can be lucky for twenty days in a row? Show me your luck once!"

"Ignore those sour grapes; they don't understand it themselves, so they just blame others for luck."

"I reviewed Lu Chenzhou's actions from beginning to end today and discovered a pattern."

He never chases high prices when the market is in a frenzy, nor does he sell at a loss when the market is in a panic.

He is fearful when all others are greedy, and greedy when all others are fearful.

Everyone knows what Buffett said, but only he can actually do it.

"That's right. On September 19th, everyone was selling at a loss, and he bought in at the daily limit down."

On September 26, while everyone was chasing brokerage stocks, he sold all his shares and left.

On September 29, while everyone was chasing BYD, he shorted it.

On October 8th, while everyone was debating whether the interest rate cut was good or bad news, he had already set up short positions to reap the profits.

"His rhythm is always the opposite of the market."

"It's not about going against the grain, it's about taking the lead. Before the market can even react, he's already made his move."

"That's the difference between top traders and retail investors. Retail investors chase highs and sell lows, while he buys low and sells high."

"This afternoon, our college held an internal discussion meeting specifically to analyze Lu Chenzhou's actions."

The professor said something that left a deep impression on me.

This person's success wasn't due to exceptional intelligence, but rather because he truly applied the most fundamental concepts from finance textbooks to real-world practice.

Valuation, policy, cycle, and human nature—these four terms are all in textbooks.

But at that point in October 2008, there were probably no more than a hundred people in all of China who could connect these four words and make the correct judgment.

Lu Chenzhou was one of them, and he was the youngest.

"Is Peking University also discussing him?"

"It's not just Peking University; Tsinghua University, Fudan University, and Shanghai Jiao Tong University are all discussing it. The financial sector is in an uproar."

"I heard that CICC also held a meeting today to review his operations."

"Goldman Sachs is also watching. Someone posted that Wei Zhexuan, the head of trading at Goldman Sachs Asia, has been keeping an eye on Lu Chenzhou's account all day."

"Holy crap, even Goldman Sachs got involved?"

"Think about it, a 20-year-old student went from 1 to 1.35 million in just 20 days. If you were Goldman Sachs, wouldn't you be watching closely?"

"I work at a brokerage firm in Hong Kong. After the market closed today, our boss posted a screenshot of Lu Chenzhou's holdings in the company group chat, with the caption: 'Look at him, and then look at you.'"

No one dared to speak.

Because our company lost several million today, while others made nearly 20 million in one day.

The boss later added, "This isn't about money, it's about brains."

Still, no one dared to speak.

This comment was pushed to the top, followed by a bunch of "hahahaha" and "so true".

"Your boss is right, this is a problem with your brain."

"We're both shorting, but some people make money while I lose money. What's the difference? It's in their mindset."

"No, in terms of perception, he sees trends, while I see fluctuations."

"Stop talking, the more you talk, the more useless you feel."

"You're all calculating how much money Lu Chenzhou has made, but has anyone calculated how much Wen Zhiyu has made?"

She invested 30,000, and based on today's net assets, her share is worth approximately 2.3 million.

In twenty days, it went from 30,000 to 2.3 million, a 77-fold increase.

Moreover, she handed the money to Lu Chenzhou when she was at her most desperate.

Her mother was sick and needed surgery. She worked three jobs for several years and saved up 30,000 yuan.

That was her mother's life-saving money.

She entrusted her life to him, and he helped her multiply it seventy-seven times.

This isn't a love story; it's a real-life version of "You trust me, I'll take you to new heights."

I cried.

"This is true trust."

"So Wen Zhiyu deserves these two million yuan, not because she invested the money, but because she dared to risk her life."

"Would you dare?"

"I wouldn't dare, so I don't have more than two million."

"Stop talking, or I'll start crying."

"Actually, you've all forgotten one person: Lu Wangzhou's roommate, Xia Yaozong. He invested HK$24, second only to Lu Chenzhou's own investment of HK$30."

"Damn! Does that mean his HK$24 has now become HK$2166.72?"

"Yes, the biggest beneficiary, besides Lu Chenzhou himself, is Xia Yaozong. He's made a killing."