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

Hong Kong stocks closed at 4 p.m.

The Hang Seng Index closed at 15230 points, a sharp drop of 767 points, or 4.80%, in a single day.

Huaxin Pacific closed at HK$14.80, down 7.85%.

China National Building Material closed at HK$4.03, down 14.80%.

The numbers on the screen finally stopped moving.

No one cheered or sighed in the hall.

Everyone just stood there, staring at the green numbers on the screen, as if to make sure they weren't seeing things.

Some people started walking outside.

They walked very slowly, as if they were stalling for time.

Some people sat on a bench, motionless, staring at the transaction documents in their hands, like statues.

A cleaner pushed a mop cart in and began cleaning up the debris on the floor.

Broken cell phones, shattered glass, and crumpled transaction receipts.

She was expressionless and moved swiftly, as if she had done it many times before.

Lu Chenzhou stood in the hall, watching the crowd slowly disperse.

He recalled the people he had seen today: the middle-aged man who had squandered his father's retirement savings, and the patient who had sneaked out of the hospital wearing a hospital gown.

The woman who lost money on her daughter's tuition, and the 73-year-old man who was still worrying about his son's wedding house.

The young woman crouching in the corner with her face buried in her knees, and the old woman whose fingers trembled as she clutched her prayer beads.

He stood there for a while, then turned and walked out of the hall.

The sunlight at the entrance was blinding.

He squinted as he stood on the steps, watching the traffic flowing back and forth on the opposite side of the road.

His phone vibrated.

He took out his phone and saw a message from Chen Yongren: "Mr. Lu, the application to the Companies Registry has been approved. Zhizhou Capital (Hong Kong) Limited is officially established today."

He looked at it for a few seconds, then put the phone back in his pocket.

He walked down the steps and disappeared into the crowd.

Lu Chenzhou returned to the hostel, turned on his computer, and glanced at his holdings details.

Position held: Huaxin Pacific (short position)

Short selling volume: 27,118,644 shares

Average transaction price: HK$17.15

Current market price: HK$14.80

Market value of holdings: HK$56,949,152.40

Floating profit/loss: +HKD 103,050,847.60 (+13.80%)

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Position held: China National Building Material (short position)

Short selling volume: 27,118,644 shares

Average transaction price: HK$5.90

Current market price: HK$4.03

Market value of holdings: HK$56,949,152.40

Floating profit/loss: +HKD 103,050,847.60 (+31.69%)

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total

Total short selling amount: HKD 320,000,000

Total market value of holdings: HKD 125,945,602.00

Total floating profit/loss: +HKD 194,054,398.00 (+22.82%)

After sending the screenshot to the group, he didn't pay any more attention to it.

The moment the screenshot was sent, the QQ group exploded.

"??????"

"7300 million??? Am I seeing things???"

"Wasn't it 3700 million yesterday? It's doubled today???"

"Two days, 73 million. He opened the position on October 14th, and it's been two days now."

"The market crashed, individual stocks crashed even more, retail investors lost money, institutional investors lost money, only Brother Lu is making money, Brother Lu is awesome!"

"Does Brother Lu feel like he's earning other people's hard-earned money?"

"He profits from the market; those who lose money aren't losing to him. Even if he hadn't shorted, China National Building Material would have fallen. Even if he hadn't shorted, CEFC China Energy would have fallen. He just correctly predicted the direction."

"I know. But... never mind, I won't say anything more."

"What nonsense are you spouting! You're an investor too, you bastard. We made your money, and now you want to play the innocent, huh?"

"Exactly, that's shameless."

October 17th, Friday, 6:00 AM.

Hong Kong, Yue Si Youth Hostel.

Lu Chenzhou opened his eyes and picked up his phone.

U.S. stocks continued to fall overnight, with the Dow Jones Industrial Average down 76 points and the Nasdaq Composite down 3.54%.

US stocks are still falling, and with Hong Kong stocks opening today, his short positions will continue to make money.

But he doesn't plan to check the market today; he's going back to Beijing.

After finishing breakfast, Lu Chenzhou messaged Chen Yongren: "Will the license plate be issued today?"

Around 10 a.m.

He replied with a "okay".

Nine o'clock in the morning, on the 68th floor of the Central Centre.

When Lu Chenzhou arrived, Chen Yongren was already in his office, with several documents spread out on his desk.

Chen Yongren pointed to the chair opposite him: "Mr. Lu, please sit down. The change of registration with the Companies Registry has been approved. Zhizhou Capital (Hong Kong) Limited, with you as the shareholder, was established on October 16th."

He pushed the documents in front of Lu Chenzhou.

Lu Chenzhou took it, opened it, and read it page by page.

Company name, shareholder information, date of establishment, and registered address.

I checked everything, and there were no problems.

"What about SFC?"

"The document will be released at 10 o'clock, and I've already sent someone to wait for it."

Lu Chenzhou nodded: "What about the bank account?"

"HSBC has already processed it, and the transfer can be made at any time."

"it is good."

Chen Yongren hesitated for a moment before speaking, "Mr. Lu, Hong Kong stocks are still trading today, your short position..."

"You can watch it on your phone," Lu Chenzhou interrupted him.

Chen Yongren paused for a moment, then smiled and said, "That's true. When Mr. Lu is raising funds, if there are any shares available, please consider me. I know quite a few people who can help me."

Lu Chenzhou looked up at him, then nodded and said, "Okay."

Chen Yongren secretly breathed a sigh of relief. If he hadn't seen Lu Chenzhou's stock transaction records, he wouldn't have believed that someone could turn 1 into 2 million in a month. It was too frightening.

At 10:05 a.m., the license plate documents were delivered.

Lu Chenzhou picked up the original SFC9 license plate and glanced at it.

The seal, serial number, company name, and business scope are all correct.

He packed all the documents into his backpack, stood up, and extended his hand: "Thank you for your hard work."

Chen Yongren shook his hands with both of his: "It's my duty."

After leaving the Central Centre, Lu Chenzhou did not return to the hostel; he went directly to the airport.

The shell company has been transferred, the license has been obtained, the bank account has been opened, and all the necessary procedures have been completed.

11:00 AM, Hong Kong International Airport.

Lu Chenzhou changed his boarding pass and went through security.

Sitting on a chair next to the boarding gate, he took out his phone and glanced at the Hong Kong stock market.

The Hang Seng Index is still falling; Huaxin Pacific is at 14.50, and China National Building Material is at 3.80.

His short position's unrealized profit is rising.

He put his phone in his pocket and leaned back in his chair.

The boarding announcement came on, and he stood up and lined up to board the plane.

As the plane took off, Hong Kong outside the window grew smaller and smaller.

2:30 PM, Beijing Capital International Airport.

Lu Chenzhou walked over and saw Wen Zhiyu standing at the exit, holding a cup of coffee in her hand.

"Here you go." She handed him the coffee.

He took it and drank a sip; it was an Americano, without sugar.

"Let's go, the car is outside," she said.

"Xia Yaozong's car?"

"Um."

In the car, Wen Zhiyu was driving.

Lu Chenzhou was a little surprised, but he didn't say anything.

"Have you received the license plate yet?" she asked.

"Um."

"What about the company?"

"It's registered, Zhizhou Capital."

She nodded.

"Are you still holding the empty orders?" she asked again.

"Um."

"How much did you earn?"

8600.

Her fingers tightened on the steering wheel, but she didn't say anything.

After a while, Lu Chenzhou said, "Thank you for your hard work on the letter of intent."

Wen Zhiyu was taken aback for a moment, then laughed: "You can say things like that?"

"truth."