Chapter 544: Chapter 539: Earth-shattering Reversal

At 11:20, Ningde Era surged strongly.

The increase was 10.02%, the stock price was 96.12 yuan, with a market value of 168.3 billion yuan, and the large amount of 33.2 billion yuan sealing the board was very reassuring at first glance, anticipating a high opening tomorrow.

At the same time, BYD’s stock also hit the limit up, with 22.1 billion yuan sealing the board.

The market’s individual investors, hot money, and institutions did not have time to react, thinking that two one-trillion-yuan level stocks staging an intra-day limit up was already a miracle x2 for the A-shares market.

Unexpectedly, when the market’s attention was all focused on Ningde BYD, Tianqi Lithium, Jiangte Motor, and other sixteen Tianxing System stocks also surged rapidly at the same time.

“It must be Liangzi making a move.”

“I love you, I will definitely not call you Gou Liang anymore.”

Led by the top two stocks of the sector, the Tianxing stocks staged a stunning reversal, violently surging, and the bull that saved the market today was clearly evident.

Lu Liang intervened again, rallying millions to respond, with the LS powerhouse madly flooding in, aiding the sixteen Tianxing System stocks.

At 11:30 in the morning, at the close of trading, all eighteen Tianxing System stocks staged an intra-day limit up miracle.

Even the entire new energy sector soared by 5.7%, and the “three stupid” sectors of securities, banking, and insurance were no longer lonely.

The main index surged by 4.55%, from an opening decline of -3.22% to a positive gain of 1.33%.

Meanwhile, in the trading room on Shenzhen Futian Road, there was a sudden deathly silence.

“Manager Li, should we still try this afternoon?” someone asked.

Li Chengrong hesitated, remained silent for a long time, dug his thumb until it bled, and seeing everyone’s gaze, forced a smile and said, “Let’s all go eat lunch first, take a good rest, and we’ll fight again this afternoon.”

An unexpected negative over the weekend led to many institutions shorting the main index or individual stocks today.

Even though now many individual investors guessed it was Lu Liang saving the market, they are not completely without a chance.

From the sealing funds of Ningde BYD, the chips in Lu Liang’s hand should not exceed 50 billion.

As long as they can borrow another 30 billion in chips and funds, the moment the market opens in the afternoon, they can smash open the top two stocks of the sector, and things will take a turn.

Although the final result will probably be a pyrrhic victory, because they no longer have chips to maintain the market in the coming days, it is better than a complete defeat.

Just past 11:30,

finished this morning’s trading.

Li Chengrong couldn’t wait to leave the trading room and called the short-selling managers of HSBC, Ping An, and Bank of China.

In fact, besides HSBC, there is no foreign capital or northbound funds, it’s just domestic state-owned capital repackaged for domestic sale.

Because they don’t have the ability like Lu Liang to harvest in the international market, and can’t openly harvest domestic individual investors, they can only disguise themselves to pretend to be foreigners.

“Manager Zheng, I fear only you can help me this time.” Li Chengrong piled on the smiles, like a drowning person grasping at straws on the water surface.

Manager Zheng sighed, “Chengrong, the Shanghai Stock Exchange turned positive, the Hang Seng Index turned positive too, 90% of short-selling institutions have locked positions to stop losses, so why not, just let it go.”

“Let’s not even talk about whether we can beat Lu Liang, even if we do, so what? The national team is always ready to step up from behind.”

“The Tianxing is just rallying the new energy sector, if it weren’t for Tianxing, the national team would probably have entered the market long ago.”

The major index opened significantly lower today, but the three major heavy-weight sectors of banking, securities, and insurance only opened slightly lower.

This means the national team is intending to enter the market to save it, but they’re still accumulating at the low levels, waiting for the right time to rally.

Lu Liang fired the first shot, they quickly followed, pulling up the three chariots to restore the index.

The national team’s actions also made most institutions immediately give up the thought of shorting.

After all, when trading in the A-shares market, the last thing you want is to offend the national team.

As expected, today the index was positive and closed with a bullish candle.

“Now I’ve lost 12 points.”

Li Chengrong was silent. He was aware of the situation in the banking, insurance, and securities sectors, but he had no choice.

The market changes rapidly, if he had surrendered just now, the loss would have been at most tens of billions, now there isn’t even a chance to surrender.

The only option left for him is to defeat Lu Liang.

As long as he breaks Lu Liang’s invincibility, even if the national team enters later and leads to a pyrrhic defeat, he could argue it wasn’t a tactical error.

After all, Lu Liang’s temper of not taking investors seriously isn’t a new phenomenon, who knows how many people smile on the surface while cursing him behind his back.

If he can temporarily defeat Lu Liang, he would enter the sight of those investors, including the financial backers behind the scene, who might be magnanimous, give him a chance for future efforts.

Manager Zheng was silent for a long time, then spoke slowly: “120 billion worth of BYD chips, 30 billion worth of Ningde Era chips, if you can’t break the board before 2:30, we will freeze the funds and forcibly take over the account, until completion of liquidation.”

“Thank you, thank you very much.”

Li Chengrong let out a long breath and, following the same method, contacted several major investment bank’s short-selling managers.

Finally, right before the 1:00 market opening, he successfully borrowed 220 billion in chips and 120 billion in funds.

“Brothers, keep up the spirit, the outcome is not yet decided, we haven’t lost, it’s still too early to tell who the victor will be.”

Li Chengrong went to the restroom, washed his face with cold water, applied mousse to his hair, readying himself again, and walked back into the trading room full of energy.

Then the next second, someone suddenly shouted in horror: “Look quickly, Ningde Era announced, Tianxing made a second flanking move.”

At 12:55, the Securities and Futures Commission issued an inquiry letter to Ningde Era over abnormal stock price movements.

At 12:57, just two minutes later, Ningde Era replied with an announcement.

The company disclosed no significant matters, nor any changes in senior management positions, just that Tianxing increased its shareholding to 10.16%, triggering a second flanking move line.

“Liangzi, Liangzi, it’s really you.”

“Damn, Liangzi really sees the future potential of Ningde reaching a trillion in market value.”

“There’s another half-year lock-up period, I envy the brothers inside, at least two more limit-ups.”

“I just said, eighteen stocks simultaneously staging intra-day limit-ups, only Liangzi can and dare to do it. The national team doesn’t have such rebellious courage, do they? They don’t!”

“Absolutely amazing, bought BYD at the limit down price at the opening, got 20 points today, at least another 10 points tomorrow, my mom won’t worry about me being trapped buying high anymore.”

“Eighteen stocks, all with such opportunities, eighteen full opportunities, damn it, I missed them all.”

“Hmph, don’t celebrate too early, A-shares won’t allow such a powerful existence, tomorrow all will ‘A-kill’.”

“Bro, you’re being sour (˵¯͒¯͒˵)”

Once the second flanking move announcement was disclosed, all eighteen Tianxing System stocks uniformly climbed to the hot stock list.

Lu Liang’s influence in the market was already terrifyingly strong, today’s plunge was still due to sanctions, and he appeared as the savior.

With multiple buffs added, not to mention Jesus making a move, even if it was Laozi plus Tathagata, they probably couldn’t stop the Tibetan Mastiff team’s enthusiasm.

Li Chengrong was silent, looking at the flanking announcement, the light in his eyes gradually faded, replaced by a dead stillness of despair.

Suddenly, the Apple phone in his pocket became so hot, initially, he dared not look, but hesitated for a long time, then took it out.

One message after another,

the screen still displayed an incoming call.

“Stop all trading.”

Li Chengrong used all his strength to say this, then calmly walked out of the trading room, connected the call, and the voice on the other end asked, “How much have we lost so far?”

Li Chengrong answered, “14.2 billion.”

“With each additional limit-up, how much more will we lose?”

The person’s tone was very calm, making Li Chengrong feel fearful, he forced himself to say, “Approximately 8-9 billion each time.”

“Lu Liang used 50 billion to block the gate, plus the following individual investors, hot money, and institutions, how many limit-ups do you think there will be?”

“Ningde at least three, BYD maybe two, other stocks around one billion in market cap should have at least three each.”

“So, we’re expecting to lose at least 23 billion more, right?”

“At least 30 billion, liquidation requires stock repurchase, even if Lu Liang has had his fill, others will relay.”

The person was silent for a long time, then sighed, “The decision to short was made together, it can’t all fall on you.”

“Calamity should not befall the family, I will bear this pressure for you, and your child will receive the best education in the future.”

“If you can lose a bit less, lose a bit less.”

Li Chengrong was silent for a long time, then gave a wry smile: “Let’s face it tomorrow, at least let Lu Liang keep blocking, only then will there be causal effects and public opinion pressure.”

“Liang Feng should have already arrived at the company, if there’s anything you need help with, just speak up.”

As soon as the words were spoken, Li Chengrong looked up, a scholarly and gentle young man, with several bodyguards in black, quickly approached.

“Thank you.”

He calmly put away his phone, greeted the newcomers, and then returned to the trading room to handle the final work.