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

After hitting the daily limit up, CITIC Securities remained stagnant, with its share price firmly locked at 19.67 yuan until the afternoon close.

The number of buy orders remained above 25 lots, indicating a strong willingness to buy, making it the most resilient heavyweight stock in the market.

At the close, the Shanghai Composite Index closed at 2236.41 points, a significant increase of 161.32 points, or 7.77%, for the day.

The Shenzhen Component Index closed at 7469.07 points, up 4.40%.

Trading volume in both Shanghai and Shenzhen stock exchanges exceeded 1300 billion yuan, setting a new high in nearly six months and igniting bullish sentiment in the market.

Lu Chenzhou glanced at CITIC Securities' trading volume of 57.98 billion yuan and turnover rate of 4.5% today, and then clicked on the holdings.

Holding stock: CITIC Securities (600030)

Number of shares held: 38900

Average transaction price: 15.42 yuan

Closing price that day: 19.67 yuan

Market value of holdings: 765163.00 yuan

Daily profit/loss: 69531.00 yuan (10.01%)

Total floating profit/loss: RMB 165225.00 (27.56%)

Lu Chenzhou did not make any moves throughout the entire process, and his positions remained unchanged.

With ten times leverage, the daily profit reached a new high, and the cost of holding the position was significantly diluted, providing a sufficient safety margin even if there is a slight pullback later.

After deducting interest expenses of 11.8 yuan, the profit was 47225 yuan, which covered the costs and resulted in a profit.

He calmly reviewed his holdings details, casually closed the trading interface, ignored the praise from those around him, and got up to leave.

Just then, a figure squeezed out from the crowd.

Wen Zhiyu.

He was 1.75 meters tall, wearing a light brown coat, and looked a bit bulky.

Her face was pale, and she was clutching an envelope tightly in her hand, her knuckles turning white from the force.

She stood in front of Lu Chenzhou, took a deep breath, as if making some important decision.

Lu Chenzhou.

Lu Chenzhou, who was about to leave, stopped and looked at her with a puzzled expression.

The surrounding retail investors and students also quieted down, watching this scene with curiosity.

Wen Zhiyu's voice trembled slightly, but her eyes were resolute: "I want to take a gamble."

The hall was quiet for a moment, then a murmur of discussion arose.

"Who is this girl? Is she also from Renmin University?"

"It seems to be from the School of Finance, her name is Wen Zhiyu."

"What did she bet on? Did she buy some today too?"

"If the market opens today, then I have to buy at the daily limit up price?"

"Buying at the limit-up price? Isn't that chasing the high?"

"Chasing high prices carries significant risks."

Ignoring the surrounding chatter, Wen Zhiyu looked at Lu Chenzhou, her eyes slightly red: "I know I might be crazy, but I believe in you."

I've thought about what you said at the salon for a long time.

Valuation, policy, cycle, human nature—you're right, this is the bottom.

I didn't dare to leverage it; I put all my savings into it.

But I couldn't buy anything even though I tried all day on Friday.

Today, seeing CITIC Securities hit its daily limit up at the open, I felt the risk was too high and dared not buy it.

Especially when I was hesitant, CITIC Securities opened for trading, and I was even more afraid to buy.

However, I hope you can help me with my investment and financial management.

I watched you all day, and you remained calm throughout. You are more suited to trading than I am.

If I lose money, I'll consider these past few years of hard work as a waste, but if I win...

She didn't finish her sentence, but everyone understood what she meant.

Lu Chenzhou looked at her, remained silent for a few seconds, and then asked, "Can you bear the consequences?"

Wen Zhiyu pursed her lips, gritted her teeth, and said, "I can."

Lu Chenzhou nodded: "Okay! Come with me, let's sign a contract."

Wen Zhiyu gripped the envelope tightly, took a deep breath, and then walked out.

Behind me, the hall was filled with murmurs and discussions.

"This girl is really bold, daring to let a student manage her finances."

"What do you know? They trust Brother Lu's judgment."

"But managing money on behalf of others carries risks!"

"Risk? When Brother Lu was fully invested at the daily limit down, you all said there was risk, and what happened?"

"Yeah, shall I also place my bet?"

"It's not certain whether Brother Lu will accept your money or not."

"That's true, Wen Zhiyu is a great beauty, while I'm just a rough guy."

Meanwhile, the courtyard house was in complete chaos, with the family doctor rushing to provide emergency care.

Zhao Xianglong fainted due to a sudden surge of anger and blood rushing to his head. Although his life is not in danger, he needs to rest in bed.

Upon waking up and learning that CITIC Securities had closed at its daily limit and Lu Chenzhou's unrealized profits had reached a new high, he was so angry that he trembled all over.

However, he still asked, "Did anything else happen today?"

After hesitating for a moment, the assistant said, "There's one more thing. Today, a girl asked Lu Chenzhou to manage her finances for her. She seems to be a student at Renmin University as well."

Zhao Xianglong suddenly opened his eyes: "Who?"

"I think her name is Wen Zhiyu, from the School of Finance."

Zhao Xianglong was stunned for a moment: "Wen Zhiyu? I remember her mother was seriously ill, and it cost several thousand yuan every month. She asked Lu Chenzhou to manage her finances. Has she gone mad?"

The assistant didn't dare to speak. Zhao Xianglong's face darkened: "A poor bastard borrows money at high interest rates to speculate on stocks, and a foolish woman asks a poor bastard to manage her finances. This market has truly gone mad."

However, he immediately frowned.

He wondered if anyone would still hire Lu Chenzhou to manage their finances if Wen Zhiyu had already asked him to do so.

Will fewer people seek his financial management services?

Cutting off someone's livelihood is like killing their parents. Lu Chenzhou, this grudge between us is only getting deeper.

"Young Master..." the assistant said cautiously, "Someone in the group is asking if we should buy some more tomorrow?"

A flash of rage crossed Zhao Xianglong's eyes: "Follow what? He's just lucky. How long can this market trend last? Last time the stamp duty was reduced, the market rose for a day or two before falling back down. It'll be the same this time."

When the market corrects, his leverage of 10 times will lead to a margin call if the market hits its daily limit down.

That woman will be even worse off; she'll just have to watch helplessly as her mother dies in her hospital bed. Let's see how arrogant they'll be then.

The assistant opened his mouth as if to say something, but seeing Zhao Xianglong's bloodshot eyes, he swallowed his words.

Zhao Xianglong, panting heavily, picked up his phone, opened the QQ group, and frantically typed:

"This market rescue is no different from the one in April. The market will surge for a day or two and then fall back down. Chasing the high now is just taking over the losses. Just wait and see, people will be crying in a few days."

After sending it, he stared at the screen for a few seconds.

There was a moment of silence in the group chat, then someone asked, "Brother Long, did you miss out again?"

"Hahaha, that's hilarious! Is Brother Long just being a sour grapes after missing out?"

"Brother Long, stop being stubborn and admit it, Lu Chenzhou is better than you."

"Brother Long, how's your computer? I heard you smashed another one today?"

"Xiao Long, I heard you were so angry you vomited blood, is that true?"

Zhao Xianglong's face turned from white to red, then from red to green. He suddenly raised his phone and smashed it on the ground.

After smashing it, he felt a little dizzy, closed his eyes, and slumped into the chair as if all his energy had been drained.

After observing for a while and seeing that nothing serious had happened, the assistant quietly withdrew and gently closed the door.

Zhao Xianglong stared at the dim yellow light on the ceiling and muttered to himself:

"Why...why is this happening?"

No one answered him.