Huahong Bank's stock price fell, but there were still quite a few buyers, as they were aware of the frequency of Huahong-like stocks' ups and downs.

Buy when prices fall, and short when prices rise.

These are lessons learned the hard way. And believe it or not, a group of people actually managed to make a fortune by following some unconventional methods.

This time they thought it would be the same as before: if they bought more, the price would drop, and if they shorted, the price would rise.

However, Huahong Bank's stock price plummeted even without much pressure.

Those who bought the rising stock immediately suffered losses, and the more they lost, the more they bought, until they were crying as they bought, having lost all the money they had previously made.

If you don't have money, you won't buy anything, and gradually you'll get trapped.

In the afternoon, Xing Baohua held a conference call with Yu Shenghai and the investment department, the key point being to release some Huahong Bank shares.

As a shareholder, Xing Baohua holds a large number of shares. It wouldn't make sense for him not to take any action at this point!

So they gradually released Huahong Bank shares, in small amounts.

Just place 500 or 300 lots at any given time, and keep doing that until the market closes.

This operation is incomprehensible. What can such a small amount of money do? It doesn't seem like they're trying to support the market at all!

As soon as he releases a certain amount, people will take it; no matter how much he releases, they will take it all. Xiao Tian's side analyzes the backend to determine whether the accounts that purchased the items belong to individual investors or institutions.

Since there is no software to automatically screen retail investors and institutions, identification can only be done manually.

According to the back-end data, 70% of the stocks with high trading volume on Xing Baohua's side were bought by institutional investors.

And these institutions have all made notes.

For any of these institutions that have been noted, their holdings of shares in Huahong, a listed company, can generally be tracked through the back-end system, showing their purchase prices and whether they have implemented stop-loss orders. Based on their holdings, the price at which they would face liquidation can be roughly calculated.

Some institutions prefer to set stop-loss orders and operate strictly in accordance with financial rules.

Many institutions dislike setting stop-loss orders, and Xing Baohua is no exception. If someone calculates the stop-loss level and triggers it, it would be quite a blow.

As long as he has enough money in the warehouse, he will have a way to fight back.

Calculations show that if Huahong Bank continues to fall at today's rate, it will be close to its opening price in three days.

As the number of bank runs increased, Huahong Bank's previous offer to support its listed shareholders became a joke. It was struggling to survive itself, yet it still had the ability to support others.

Regardless of the announcements issued by Huahong Bank advising depositors to make appointments for cash withdrawals and avoid crowding and queuing,

No matter how much you guarantee that there is enough cash to cover all expenses, depositors just don't believe it. They make a scene and queue up as usual.

The only requirement is to add a window.

The bank's answer was firm: there are regular windows and VIP windows. Since you don't meet the VIP customer criteria, you can't use the fast track.

Some people have asked, how can I become a VIP?

"Deposit one million Hong Kong dollars for a one-year fixed deposit, and you will automatically become a VIP customer," the bank staff explained, before going on to explain some of the VIP benefits to these people.

Hearing this, everyone got angry again. They were already short of money and couldn't withdraw it, and they still had to save it for a year. The most important thing was that they didn't have that million!