Chapter 543: Chapter 538: Long and Short Game

[Ningde Era Performs Uplimit Reversal]

[Ten Seconds, Nearly 10 Billion Turnover]

As a stock starting with 30 on the Growth Enterprise Market, Ningde inherently has investment thresholds, and it’s a large-cap stock with a market value of hundreds of billions.

Often, the market doesn’t have high activity levels, unlike BYD starting with 00, where anyone can buy in just by opening a Shenzhen-Shanghai account.

However, today, amidst the market’s low mood, an astonishing reversal happened, rocketing to the top of Tonghuashun’s hot stocks list almost instantly.

“Awesome~ Still got experts? In today’s market, who dares to do an uplimit reversal? Aren’t they afraid of Gou Liang dumping the stock?”

“Damn it, sold too early, had my entire position at -5%, hoping for a rebound to minimize losses, but it got completely eaten up.”

“Bro, I’m a tad better, set at 88.88 yuan, made a small 2-point profit today, but still sold too early.”

“I want to die, just watched 1.9 billion orders get eaten up, hesitated for a moment, then it hit the price limit and got locked.”

“95.83 yuan, went all-in at the price limit, scared~~”

“Bold move, if you actually profit from tomorrow’s premium, I won’t envy you at all.”

A lot of investors flocked upon hearing the news, all wanting to see if Ningde Era could hit the price limit and stay there.

Ultimately, as the second leader in the new energy sector, if it could successfully hit the limit, it could greatly boost market investor confidence and aid in emotional recovery.

“Mr. Lu, you really shouldn’t be underestimated. Such a battle of wits isn’t something an ordinary person would engage in.”

Li Chengrong narrowed his eyes, his expression a bit panicked, and immediately instructed, “Break the limit, we must not let it lock the price.”

Just as Ningde performed the uplimit reversal, Lu Liang hadn’t even made a move on BYD’s stock, and it was already broken.

Based on fund tracking, all the buy orders were small and minor, indicating that the fearless Lasa Sky Team had entered the scene.

Right now, the Sara who entered was just a small vanguard team, acting like fence-sitters, who would side with whoever wins.

Once Ningde Era’s price limit lock is successful, BYD will perform a dragon rise the next second.

If both Long Yi and Long Er rise, then the entire new energy sector will completely revive.

Not only would they miss out, but if Lu Liang pushes further, their short selling accounts might even blow up.

“Damn, a 5 billion limit-locking order was forcefully broken?”

“Ningde’s uplimit reversal broke, brothers, what should we do? Enter or not?”

“Don’t dare, scared, if it drops from the price limit, it won’t just be 20 points.”

“Charge, the bold thrive, the timid starve.”

“Everyone, listen to my analysis, Ningde Era is considered a new stock with a market cap of 150 billion, only over 30 billion in circulating shares, and the turnover has already reached 22.8 billion. If we hold on for a bit longer, the shorts will run out of bullets.”

“What kind of analysis is that? Do you even know what short selling is? It means the shorts have endless bullets.”

The onlooking retail investors were thrilled, thinking they’d never see such fierce long-short battles in A-shares in their lifetime.

The longs defended the market fiercely, and the shorts were equally ferocious. The previously formidable Brother Wan Shou was just a pawn in the long-short battle.

It’s just a pity that it’s still trading time, so they’ll have to wait until tonight to know who the longs are and who the shorts are.

“Mr. Lu, we’ve already bought 8.5 billion.”

Zhang Jing was calm, but his clenched fists revealed his inner turmoil.

“Pause for a bit, and don’t defend the market.”

Lu Liang narrowed his eyes, looking at the holding ratio, suddenly another good idea crossed his mind: “Switch to BYD, push it straight to the limit.”

At exactly 10 o’clock in the morning, half an hour after opening, every witness felt like it had been an eternity.

Through the red and green data, they saw the excitement of this battle, with a turnover of 30.5 billion and a turnover rate of 58%.

It’s hard to imagine such data could be produced by a stock with a market cap of hundreds of billions.

Yet, the outcome of Ningde’s long-short battle was undetermined, and suddenly the uprising of Long Yi, BYD, also performed an uplimit reversal.

The method of pulling up was identical to Ningde’s, and without guessing, it was clear that Ningde’s longs had opened a new battlefield.

They probably set the buy price at the price limit, sweeping up all market buy orders, with turnover surging by 6 billion instantly.

“Lu Liang, are you really relying on something, or just that arrogant?”

Li Chengrong frowned, lacking his earlier calmness.

He knew why Lu Liang wanted to push Ningde, because it hadn’t been listed for even a year, had fewer circulating shares, and was easier to manipulate.

But why switch to BYD before Ningde’s outcome was decided, was it because he didn’t take them seriously?

Understandably, BYD has been listed for sixteen years, with a market cap of over 1.9 trillion and 1.85 trillion in circulating shares.

On the Ningde Era battlefield, their bullets were not infinite, but on the BYD battlefield, they could be.

“Manager Li, should we continue?” someone asked.

Just a moment ago, while Li Chengrong was deep in thought.

BYD had already locked limit, with its popularity surpassing Ningde Era, reaching the top of the hot stocks list.

After all, being a Shenzhen stock starting with 00, it has no trading threshold, welcoming everyone with open arms.

“Brothers, I seem to have successfully bottomed out, recovered losses from three days in one day.”

“I ran at the limit up, a small loss is a gain, don’t dare to hope for tomorrow’s premium.”

No threshold, represents high concentration of retail investors.

Zhang Jing planned to seal the board, but Lu Liang stopped him. He smiled and said, “Don’t rush, play around on the water first.”

Although he is confident about sealing two stocks today, he doesn’t dare to be overconfident; BYD is not Ningde, there are too many circulating shares.

If the board is sealed now, there will be no expectations today, and too much capital is spent in the morning, making it easy for others to successfully sneak attack at the end.

Play around with the red plate at five or six points for a while; on one hand, it’s healthier to shake it up a bit, and on the other hand, it can pretend to be at a disadvantage, thereby luring the enemy deeper in.

Lu Liang doesn’t know how much the shorts have borrowed, but he knows that if the price continues to rise, the opposite side will lose more.

Since they choose to counter with him, they won’t die without losing a layer of skin.

“Is there no capital left?” Li Chengrong showed hesitance, suddenly hesitant to make a decision.

“Smash another five billion and see if it can be pressed down.” He resolutely made up his mind, knowing there’s no retreat.

Although he can’t imagine Lu Liang running out of capital, he hopes there’s such a slim chance.

Because with Ningde Era at red plate 9.05% and BYD at red plate 6.55%, he’s also caught in a dilemma.

While neither is sealed, the other sixteen stocks of the Tianxing System have all broken the limit-down board.

Now, they are lurking eight or nine points underwater, waiting for orders from Long Yi and Long Er.

As long as Long Yi and Long Er successfully seal the board, they will all rise up and ascend in glory.

If such a situation occurs, the scales of victory will tilt towards Lu Liang.

They will also be utterly defeated,

not only missing the opportunity but also facing liquidation.

Because once the board is sealed today, tomorrow, the day after, and even the day after that, Lu Liang won’t let them repurchase and close their positions easily.

He should block all funds at the doorstep, waiting until the stock price rises to a satisfying point before letting them take over.

Fifty billion chips divided into two parts, ten billion aimed at Ningde Era, forty billion aimed at BYD.

Both stocks crash at the same time, Ningde’s gain is reduced to 3.77%, BYD nearly turns red.

“Lu Liang, there’s really no capital left.”

Li Chengrong’s face couldn’t hide his joy; with an excited heart and trembling hands, the chance for fame was here.

However, he was still too early to celebrate, as both stocks showed a deep V-shape at the same time.

Ningde Era’s red plate at 8.85%,

BYD at red plate 5.85%.

The growth in transaction volume, the growth in the turnover rate, fifty billion seemingly never appeared on the market.

“Is this the end of the sails, or luring the enemy deeper in?”

Li Chengrong pinched his thigh fiercely; he didn’t know if Lu Liang had used backup capital, or wanted to trick him in and kill.

He looked at the total account for short selling, 800 billion chips, only 225 billion left, losses have reached 3.7 billion.

Though the losses seem small, it’s just that the outcome is not yet decided; if they lose, 800 billion will evaporate at least half.

If retreating now, losses will be around 10 billion, but if Lu Liang is at the end of his sails, then he will fall before dawn.

An image surfaced in Li Chengrong’s mind.

A miner walking back with a hoe, beyond the wall is a dazzling gold mine.

“Eleven-thirty, last five minutes before the morning close, let’s try again.” He suddenly made up his mind.

Because the difference between a loss of 10 billion and 40 billion doesn’t seem particularly big, he will die terribly either way.

Meanwhile, Lu Liang also felt puzzled: “Quit playing? Or wait until the end and sneak attack?”

He thought for a long time and suddenly smiled: “If you want to sneak attack, I have to be willing to give you the opportunity.”

Retail investors in Big A are the cutest group in capital markets worldwide because they can only go long.

If those domestic institutions are not just preoccupied with investors’ principal, this market would be easy to handle.

Even if like the Tianxing Mixed Fund, with stocks totaling more than 300 billion, they would be lifted to the sky.

Unfortunately, they don’t know how to cherish.

“Wait another half an hour, start sealing the board at eleven-twenty, blocking all funds in place.” Lu Liang said.

“Ningde or BYD?” Zhang Jing was puzzled.

“All of them, including the other sixteen, pull them all up, make it lively.” Lu Liang smiled with squinting eyes.

Zhang Jing was stunned, hurriedly said: “Mr. Lu, our funds are insufficient, even if sealed, it’s easy to break the board.”

“As long as Ningde is pulled up first, the others won’t break.”

Lu Liang pointed at the screen, Ningde’s shareholding ratio had reached 9.65%, as long as they absorb another 560 million, they would reach 10%, triggering the second offer line.

Need to disclose externally, then lock up for half a year.

Then victory is certain.