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

The courtyard house in the west of the city was deathly silent.

Zhao Xianglong slumped in his armchair, the intraday chart of CITIC Securities on the screen frozen at the limit-up price of 17.88 yuan.

That straight red line, like a knife, was across his throat.

The assistant stood at the door, hesitant to come in.

After a long silence, Zhao Xianglong spoke in a hoarse voice: "How much did he earn?"

The assistant walked in with a stiff upper lip: "Young Master, his personal account closed today with a market value of 69 and a floating profit of 5."

"Ninety-five thousand..." Zhao Xianglong murmured, repeating it over and over, his voice hoarse as if sandpaper had been rubbing against his throat.

He gripped the armrests of the armchair tightly, his knuckles turning white.

I remembered how I mocked Lu Chenzhou at the salon the night before last.

"You're an investment novice who's never even traded in a real account and only knows theory, yet you dare to publicly advocate for a bullish investment?"

I remembered my provocation in dormitory 302 last night.

"If the stock price drops to its daily limit tomorrow, your life is basically over."

I remembered that before the market opened this morning, I emphasized in the group that I was still bearish, and I was met with a barrage of criticism from a group of people.

I also remembered this afternoon when I smashed my computer when I saw CITIC Securities hit the daily limit up.

At that moment, he felt that his pride, confidence, and dignity had all shattered into pieces.

Around 8 p.m., Lu Chenzhou pushed open the dormitory door.

Zhang Yixing, Yang Cheng, and Xia Yaozong all jumped up from their seats at the same time.

"Shenzhou, you're back."

Zhang Yixing was the first to rush up, his eyes shining brightly.

"Did you know what? Our chief mentioned you specifically in the group chat today. He said your performance was textbook-level!"

Yang Cheng also came over, his face showing rare excitement: "The leaders of the ministry also asked about your situation, saying that you will either become a top investor or..."

"What do you want?" Lu Chenzhou asked.

Yang Cheng smiled and said, "Either become a legend."

Xia Yaozong leaned against the bed, holding an apple in his hand: "Several seniors from CICC also want to get to know you. They said that many traders who have been doing it for ten years couldn't do what you did today."

Lu Chenzhou took off his coat, sat on the edge of the bed, and said calmly, "This is just the beginning."

The three exchanged glances. Zhang Yixing hesitated for a moment, then asked, "Chen Zhou, you've made so much money today, what are your plans for next week? Are you going to sell?"

Lu Chenzhou shook his head: "Not for sale."

"Not selling?" Zhang Yixing's eyes widened. "But it's already hit the daily limit today. What if it pulls back next week..."

"A pullback is normal," Lu Chenzhou said. "But the overall trend has already reversed; this is only the first wave."

Xia Yaozong put down the apple and looked at him seriously: "You mean, the price will go up again?"

"It's not going to rise any further," Lu Chenzhou said calmly and confidently. "It's just the beginning."

The dormitory was quiet for a few seconds.

Yang Cheng spoke first: "I believe you."

Zhang Yixing nodded: "Yes, I believe you."

Xia Yaozong smiled and said, "My seniors at China Gold all say you're a master, so why wouldn't I believe you?"

Lu Chenzhou looked at his three roommates, a slight smile playing on his lips.

The campus outside the window was brightly lit.

In the boys' dormitory, some people were singing "True Hero," and others were shouting "Brother Lu is awesome!"

The Renmin University campus tonight is destined to be sleepless.

Monday, October 9.

The trading hall of Galaxy Securities was bustling with people, and the noise drowned out the sluggishness and dejection of the previous months.

Over the weekend, the A-share market continued its surge from September 19th, benefiting from the combined positive news of the China Securities Regulatory Commission's new rules encouraging share buybacks and the US government's bailout plan.

The Shanghai Composite Index opened 166.63 points higher at 2241.72, a gain of nearly 8.03%.

The Shenzhen Component Index opened nearly 7% higher, and more than 80% of stocks in both markets opened higher. The Shanghai market's trading volume exceeded 83 billion yuan in just half a day, setting a record high in several months. The buying pressure was so intense that the order book refresh was slightly delayed.

CITIC Securities opened at the daily limit up, with an opening price of 19.67 and more than 30 lots of buy orders, leading the securities sector.

At 10:00 AM, short-term profit-taking occurred, causing bank stocks to plummet and break their trading limits.

CITIC Securities' limit-up order was broken, causing the stock price to plummet to 19.03 yuan.

The battle between bulls and bears intensified, and the trading hall erupted in chaos.

"The board's open! Run!"

"The market is crashing! The market rescue is coming to an end."

"Oh no, I didn't buy yesterday, and I bought at the limit up price today. If it falls to the limit down, I'll lose 20% in one day."

"Brother Lu, what should we do now? Should I still buy it?"

The retail investors in the trading hall were in a panic. Some frantically placed sell orders to cut their losses, while others stared at the screen with pale faces. Cries of agony, screams, and pleas for help rose and fell.

The bald man next to Lu Chenzhou watched the plummeting stock market, his eyelids twitching wildly: "How about we reduce our holdings a bit to avoid further losses, and then buy back in once things stabilize?"

Lu Chenzhou looked at the market calmly, ignoring it and showing no intention of selling.

Inside the courtyard house, Zhao Xianglong stared intently at the intraday plunge curve of CITIC Securities, filled with immense excitement.

He watched as CITIC Securities' limit-up price of 19.67 yuan was smashed through, and the stock price immediately dropped to 19.03 yuan. The dense sell orders on the screen made his eyes light up. It had finally fallen. Lu Chenzhou was about to be liquidated.

He was trembling with excitement, his heart filled with malicious anticipation. He wished the stock price would plummet to its daily limit, leaving Lu Chenzhou, who had leveraged tenfold, with nothing.

Not only did he lose all his profits, but he also couldn't repay the high-interest loans, and he was completely stuck in a quagmire from which he couldn't get out.

At the same time, he was secretly delighted.

I'm glad I was cautious enough and didn't follow the crowd and buy CITIC Securities from the beginning.

He even believed deep down that staying out of the market and observing was the rational decision, and that Lu Chenzhou was just a blindly arrogant gambler who would eventually fail.

But in less than three minutes, the situation on the market changed dramatically.

Mysterious funds entered the market aggressively, with massive buy orders frantically swallowing up sell orders. The order book was instantly flooded with dense buy orders, leaving the short sellers powerless to fight back.

CITIC Securities' stock price rebounded quickly after hitting a low, firmly locking in the daily limit of 19.67 yuan. The buy orders piled up to hundreds of thousands of lots, completely stabilizing the situation. The panic in the market dissipated instantly, and cheers rang out again.

"It's back up! It's really back up to the daily limit!"

"Brother Lu is amazing, he didn't move at all."

"Awesome! Brother Lu is the most reliable."

"Next time you encounter this situation, just watch how Brother Lu handles it."

"Ugh! I was worrying for nothing. I should have known better than to sell at a loss. I've lost so much money."

A deafening cheer erupted in the trading hall, from retail investors who had held their positions without moving, or even added to their positions against the trend.

Meanwhile, the retail investors who had just cut their losses and left the market were kicking themselves and regretting it terribly.

Those who held onto their positions and those who chose to increase their holdings were all smiles. A group of people surrounded Lu Chenzhou, their eyes filled with admiration and praise.

The bald man let out a long sigh: "It's because I'm short-sighted and impatient. Your composure and vision are far beyond my reach."

Inside the courtyard, Zhao Xianglong's ecstatic expression froze instantly, his excitement vanishing as if extinguished by cold water.

He stared intently at the market, which had rebounded to its daily limit. His face turned from red to white, then from white to green, his chest heaving violently, and a surge of blood rushing to his head.

He slammed his fist on the table, gritting his teeth and growling, his voice filled with resentment and bitterness: "Damn it! Why is it sealed off again?"

Looking at that glaring red line indicating the daily limit up, he felt a sweet taste in his throat, and a mouthful of hot blood spurted directly onto the computer screen. His vision went black, and he collapsed to the ground.

Hearing the commotion, the maid came over to check the situation and noticed the little master on the ground. She panicked and quickly called for help.