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Chapter 177 Call Auction

But this time, the opponent hesitated for a longer time, and several minutes passed until Su Yue's 2,000 orders were completely eaten up by retail investors' selling orders, and he did not smash the market again.

Su Yue stared at the plate and tried to hang a 1,000-piece seal.

However, after a minute or two, the opponent was still silent. At this moment, he couldn't help but feel a little surprised.

"Did you just give up like that?" Su Yue frowned slightly and said to himself, "The chips I have worked so hard to collect are so willing to send them out? It's impossible!"

Sure enough, just as his words fell, new changes occurred on the plate.

Two consecutive tenures, ranking after Su Yue's thousand-handed orders, directly blocked the daily limit and began to compete for chips on the daily limit.

Su Yue was stunned and said, "This stock of funds reacts very quickly, and it should have a considerable background."

"Get chips at the daily limit." Lin Feng looked at Chihong's zinc-germanium market and said in surprise, "This is rare in such a deserted environment. It seems that this stock has indeed been taken by people."

"The trading volume of this stock today is almost close to 40 million, which is nearly three times higher than yesterday."

Gu Yunxi looked at the market and continued to say seriously: "Now there is still half an hour before the closing. The 20,000 large orders will block the board, which will make retail investors more reluctant to sell. Doing this stock will not absorb much retail chips, right?"

Su Yue nodded: "Today's closing, you can absorb up to one or two thousand chips."

He thought about it and in order to prevent the other party from tempting retail investors to sell by constantly withdrawing orders and blocking the board, he used funds to post 10,000 orders behind the other party's 20,000 orders.

When the three of them saw Su Yue, knowing that he couldn't buy it, they continued to place orders in large quantities. They were stunned and asked, "What does your move mean?"

Su Yue said in a deep voice: "Prevent the other party from suddenly withdrawing orders. Since they don't let us buy, we will naturally not let them go. I will use Feng to make them dare not easily withdraw orders and deceive retail investors' chips."

"You are really serious." Yang Liguo couldn't help but sigh.

Su Yue smiled and said, "How can you describe money making matters as being very meticulous? In transactions, as long as you can maximize profits and make some small conspiracies, it is natural."

"According to the opponent's original chips of more than 20,000 hands, after selling, we now have more chips in our hands than them." Lin Feng calculated and asked, "Su Yue, what should we do next?"

"Let's do this for now. Let's look at the bidding situation tomorrow, and then decide how to operate tomorrow." Su Yue replied.

Originally, he thought that today, the other party would continue to use the chips in his hand to smash the market and then suck it back at a low level, but he didn't expect that the other party would be smarter than he thought.

After being fooled for the first time, I instantly started to learn my lessons.

At this point, it would be unrealistic for him to use this method to force the other party to hand over the chips, so he could only change his form.

At this time, the 22nd floor of the Magic City, Zefeng Building, Chenguang Fund Trading Room.

Fund manager Ye Mengru sat in front of the computer at the desk, staring at Chi Hong's zinc-germanium disk, frowned, and was already full of anger.

About Chihong Zinc and Germanium Investment.

It was the decision she made some time ago after taking the company's research staff and conducting on-site inspections.

Moreover, senior executives of Chihong Zinc and Germanium Group have already stated that if the price of zinc can remain at a high level, then the company's performance will definitely soar in the first quarter of next year.

This is a rare investment opportunity. It took her almost a month to secretly establish a base position.

I just want to do a good job in this stock so that Chenguang Fund's performance can significantly improve. Fortunately, more funds will be raised from the newly established fund next year, but I didn't expect that it would be fine before. Today, I suddenly broke out in the middle of the road, which was unexpected.

What made her even more annoying was that in the first round of the confrontation, she was at a disadvantage and lost more than half of her chips.

"Manager, until the close, we only had less than 2,000 orders." A trader reported to her. "At present, our position in Chihong zinc and germanium is only 12,000, which is much worse than the 50,000 position you expected to invest. Will we continue to buy next?"

Ye Mengru gritted her teeth and said in a deep voice: "Buy! Even if the cost of holding positions is increased by 10%, you have to buy it."

At present, in the international commodity futures market, the price of zinc continues to rise, and the upward trend will not change at all in a short period of time. She judged that this stock will definitely become bullish in the next two or three months, and has the potential to double the explosion, so she will never let it go easily.

Although there are some setbacks today, she will definitely find this place tomorrow.

On the second trading day, Su Yue prepared everything and came to the company early, continued to discuss the next investment strategy with the other three people, and waited for the stock market to open.

At 9:15, call auction time.

On the Chihong Zinc and Germanium market, a 5,000-order order was deliberately pushed to the limit, hoping to cause panic among retail investors.

As time goes by, before 9:20, orders gradually accumulated to 10,000 lots.

Su Yue smiled, pressed his hand on the mouse, staring at the trading interface without any movement. Several other people, including the three novice traders in the company, were also nervously staring at the market, waiting for Su Yue's instructions at any time.

At 9:19:50, ten thousand orders were sold instantly with orders.

On the entire market, only 126 orders left by following retail investors remained at the limit down price.

Ten seconds later, at the real bidding time, Su Yue placed 1,000 orders at the daily limit and began to grab the stock directly. As his orders were released, the price of Chihong zinc and germanium rose from the limit and gradually began to turn red.

Seeing the price turn red, new purchase orders followed.

These follow-up pay orders have continued to raise the price to 9:23, which has raised the bidding to 12 yuan, an increase of nearly 7%.

Su Yue took a look at the total number of bidding orders and saw that there were only more than 4,000 orders.

Holding the mouse hand, then keep holding it still.

As time progresses one second after another, the total bidding volume of more than 4,000 hands continued to increase slowly. If there is no accident, the market will open at 9:25, which will be around 12 yuan.

However, things always develop unexpectedly.

At 9:24, the order of more than 4,000 lots suddenly increased to 26,000 lots.

The bidding price was directly raised to the daily limit price of 12.38 yuan, with 6,000 bidding orders and 20,000 blocked orders.

"Continuous daily limit... are you crazy?" Gu Yunxi said inwardly.

When Su Yue saw that his opponent finally started to act and bought at the price desperately, he finally breathed a sigh of relief. He smiled and listed the orders in his account, a total of 11,000 orders he had just bought yesterday, at the limit price, waiting for the bidding to end.

At the same time, he also began to instruct several people who had already prepared: "Sell half of the 12,000-piece Chihong zinc and germanium orders bought yesterday in the Bentayga No. 1 fund account at the call auction."

Several people had no time to ask why, so they directly sold the order at the limit price during the bidding.

Following the movements of everyone, 9:24:30.

Huge amounts of sell orders began to emerge on the market, with bidding orders soaring from 6,000 lots to 23,000 lots, while the orders were blocked instantly reduced to 3,000 lots.
Chapter completed!
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