Rebirth of Northern Technology

Chapter 598: No money

On July 15, Ma Changxing, who heard the news, also ran to the Jianghai Securities Hall and opened an account.

For the first time, he deposited 300,000 in cash, and he hoped to enter a large room to trade.

There is definite news that several funds of the University of Technology have invested 1 billion yuan in cash, and there is a steady stream of follow-up funds.

The image of the University of Technology and the Department of Optoelectronics in Bingcheng is very good during this period, and countless people are moved by the wind.

Everyone gathered at the New World Trading Floor, as if trading here would take good luck.

Due to too many people applying for large accounts, Jianghai Securities had to temporarily modify the rules and raise the threshold for large accounts from 300,000 to 1 million.

Even so, investors are still rushing.

It was a little late for Ma Changxing to get the news. He could only deposit 1 million in cash before he got his wish and entered the big family room.

The reason why everyone is vying to enter the big room, their only purpose is to have the opportunity to meet the trader of the University of Technology. I hope that I can grasp first-hand information and understand the fund trends of the city.

Several funds did not have any sense of confidentiality. Besides, they did not intend to invest in stocks in the first place. Therefore, slowly and resolutely the news came out.

Under the combined effect of fund buying and rumors of the state's support of the market, the stock market, which has been falling for several months, has unexpectedly appeared a wave of small market.

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On July 20, the two stock markets that had gone through multiple days of consolidation resumed their declines. Except for stocks with funds to support the market, they fell across the board.

These ticket vendors who followed the trend of Bingcheng also ushered in their first loss in the secondary market.

But no one flinched.

Not only did Ma Changxing not shrink, but instead bought more. Because he got the news: the fund of the University of Technology is also accelerating the purchase. This can be seen from the stock prices of several high-quality stocks. Shenzhen Development Bank has exceeded RMB 10, and trading volume continues to increase.

He didn't go to buy blue-chip stocks because he wanted to buy them but couldn't buy them. He bought some oversold stocks, these stocks are too cheap, many stocks, fell more than 80%.

On the contrary, those high-quality stocks bought by the University of Industry and Technology have fallen sharply this time, on the contrary, the decline is not large, and some of them are still rising.

In the past two days, he has made some losses on his books. But he doesn't care about these losses. After all, his current position is only about 400,000, and he still has some cash outside, which has not been transferred.

Keeping up with the University of Technology and keeping up with the Optoelectronics has formed everyone's consensus. Everyone in Bingcheng is deeply proud of the University of Technology.

In the securities business hall, the crowd was full of excitement.

Every time the stock falls, there will be greater cheers. More people rushed to the counter and kept buying.

The trading volume of the new century business hall has reached new highs under the joint action of funds and retail investors. The buying volume of the two major funds has also increased day by day in the past few days.

Due to the special rules set by Cheng Yongxing, there is no chance to buy stocks at all during the rising period of the stock market. Only when the market is down, can buying be spurred and gain chips.

For traders, only the few days after the 20th can they be considered a gain. The reason for the sharp drop on the 20th was actually because the market finally confirmed that the pallet was not the stress response after the national team.

This causal relationship caused the market to fall on the 20th.

Now it has formed a situation where the more the market fell, the more they bought. This situation in turn contributed to a follow suit outside the hall.

In the past few days, the employees of Jianghai Securities Co., Ltd. are grinning with joy.

You know, in a bear market, some securities companies are almost unable to pay wages.

The trading volume of the New World Trading Floor quickly rushed to the top of the trading volume rankings. The transaction volume of a hall is larger than the transaction volume of a province.

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But enthusiasm is not sustainable.

As the market continued to fall, the warm temperature in the hall slowly dropped.

After two consecutive weeks of decline, people's enthusiasm finally faded.

On July 29, Ma Changxing came to the lobby early in the morning. He invested 1.5 million in cash to buy stocks in the past few weeks, and his book lost nearly 20%.

When he bought these low-priced stocks, his main idea was to pick up the bargain. He chose a batch of stocks worth more than one yuan because they were too cheap. Compared with the beginning of the year, they dropped by more than 80%.

But what he didn't expect was that these stocks could actually be cheaper!

He was finally shaken. Should he change his mind and follow the Industrial University Fund to buy high-quality stocks?

Blue-chip stocks have become the only bright spot in the market.

His stock position has exceeded 1.5 million. No matter how he calculates it, he is already considered a heavy position. All his assets are no more than 3 million in total. Moreover, many full-color stocks are still in lock-up period and cannot be sold at all.

Today he didn't go to the big room, but stayed in the lobby. He didn't want to trade anymore.

In the hall, he has more friends, in addition, this is also a kind of psychological comfort. Two or three weeks of follow suit, the result is that everyone is stuck.

In the hall, finally lost the laughter of the past.

Looking at the green stocks, even though the traders of the two funds in the big houses are still pulling up the stocks, they have shown a sense of weakness.

As a risk indicator, Shenzhen Development Bank, after more than three weeks of lifting, finally stopped at the 11 yuan mark and continued to rise. It has been oscillating at the 11 yuan mark for three days.

Ma Changxing, like many others, is also staring at this stock, which represents the last bull power in the market.

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1:08 pm, shortly after the market opened in the afternoon, after many days of seesaw, Shenzhen Development Bank finally lost 11 yuan, and joined other stocks, began the diving market.

In less than ten minutes, it quickly fell to 10.5 yuan. Corresponding to this, the market also took a big dive, the Shanghai Composite Index fell below 410 points, approaching the 400-point integer level.

In the course of this wave of declines, the largest declines are the blue-chip stocks, because they all have requirements for compensating declines.

At this moment, there was an uproar in the hall, and the myth of the University of Technology was broken.

Ma Changxing stood up with a few people, and walked to the big house behind. He was going to ask what happened.

When he came to the meeting room prepared for the big families, a group of people walked out of their private rooms.

There is a liquid crystal display on the coffee table in the middle of the living room, which also displays the stock price in real time. A group of people gathered around to watch the market.

Most of these people, like Ma Changxing, are new big players. Everyone already knows each other.

While talking, a group of large-cap stocks such as Shenzhen Development & Development Co., Ltd. got rid of the plummeting state and resumed the upward pull.

"What's wrong, what happened to the drop just now, aren't they protecting the market?"

Ma Changxing's voice trembled a little.

In one and a half days this afternoon, his total assets have shrunk by 5%. The loss of close to 100,000 is far beyond his psychological endurance. You must know that he may not be able to earn half of this number after working hard for a year.

"It seems that the news from inside is that there is no money in the account of one fund, and now the other fund is pulling by itself."

"No money? How can the University of Technology have no money?"

A scream came from behind Ma Changxing. The few people who came up with him were in the same situation as him.

How can it be possible that the University of Technology has no money?

There are always tens of billions of funds in the Industrial University and its affiliated funds.

If the University of Technology is willing, it is okay to buy the entire stock market!

The news that the University of Technology has no money is a psychological blow to everyone, a blow to the faith level. Rebirth of Northland Technology latest chapter address: https://www.wuxiaspot.com/book/128175.htmlRebirth of Northern Science and Technology Full Text Reading Address: https://www.wuxiaspot.com/read/128175/Rebirth of Northland Technology txt download address: https://www.wuxiaspot.com/down/128175.htmlRebirth of Northland Technology Mobile Reading: https://m.wuxiaspot.com/read/128175/For the convenience of reading next time, you can click \"Favorites\" below to record this reading (Chapter 598 No Money), and you can see it next time you open the bookshelf To! If you like "Rebirth of Northland Technology", please recommend this book to your friends (QQ, blog, WeChat, etc.), Thank you for your support! ! (www.wuxiaspot.com)

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