Chapter 89: Taking turns to share the losses

The more he thought about it, the more likely it seemed.

So he called Qin Tianyou again, but he was still investigating the problem.

"No, I'd better find a place to hide first." Liu Bin thought for a while, then stood up, tidied up the trading room a little, and was about to push the door and leave.

Unexpectedly, with a "bang", Wang Hu rushed in.

"What are you doing here? I don't owe you any money, and I don't do any business in your company." Liu Bin glanced at Wang Hu and was about to walk out.

Wang Hu suddenly stretched out his hand, grabbed Liu Bin's arm, and pulled him back into the trading room, sneering, "Young Master Liu, come back here!"

"What are you doing?!" Liu Bin was dragged to the ground and almost fell. He struggled to stand up and asked with a frown.

Wang Hu's face was gloomy and he said:

"Excuse me, Mr. Liu. The Jinniu online lending platform is also run by our boss. I heard that you lost over a million yuan on that platform! I'm here to ask you to settle the account."

"What? You guys also opened Jinniu Online Loan?"

Liu Bin was incredulous, but then he came to his senses and continued, "What did you say? I lost over a million? Isn't that a technical issue?"

"Hmph, hmph! Mr. Liu, the technical problem has been fixed. I found that you have indeed lost more than 100 yuan. Now, should I ask you to go upstairs or should I take you there?" Wang Hu rolled up his sleeves and threatened.

"impossible!"

Liu Bin still couldn't believe it, so he hurried back to his computer and refreshed the screen repeatedly. A window actually popped up: "Dear customer, your account has been frozen due to an outstanding balance of 1.56 million yuan. Please contact your account manager."

He was extremely angry and cursed: "I'm Qin Tianyou, you are not a human being. You are trying to trick me, right? Be careful or I will let you..."

While cursing, Liu Bin was about to take out his cell phone to call Qin Tianyou.

"Stop calling me, I'm busy! Come with me!" Wang Hu cursed and tried to snatch Liu Bin's phone.

Liu Bin hid in a corner, looked at Wang Hu angrily and said, "CNM, you are in the same group. You are working together to defraud me. I will call the police! I will file a complaint and report you!"

"Give you face?! NND——"

Wang Hu glanced at the surveillance camera, then raised his hand and slapped Liu Bin, knocking him to the ground.

At this time, Zhang Liang arrived. Looking at Liu Bin lying on the ground with a swollen face, he urged, "Brother Wang, why haven't you brought him up yet? Oh, why are you fighting again? Forget it, this guy doesn't know how to be polite. Let's invite him up."

The two men approached, one of them twisted one of Liu Bin's arms, and "sent" him to the second floor, and finally "sent" him to the second floor, to the original room.

Looking at the empty house, the broken windows, and the large green pan, Liu Bin felt for the first time that his destiny was no longer in his own hands.

In the evening, good news arrived as expected.

On July 7, the China Insurance Regulatory Commission announced that it would relax the regulatory ratio of insurance funds investing in blue-chip stocks, adjusting the upper limit from 5% to 10%; the China Financial Futures Exchange also significantly increased the trading margin of CSI 500 stock index futures.

Looking at the cold market and the good news that came out, investors were completely dejected because the stocks they held were either suspended or had hit the limit down again, and there was no hope at all.

Even the most experienced stock investors have no idea how the market will develop in the future.

In major stock forums, the style has changed again, which is somewhat unexpected.

"During the stock market crash, everyone is equal. We strongly demand that listed companies suspend trading!"

"Right! As long as the stock is suspended, it won't fall! I've already called the secretary of the board, and he said the company is working overtime to research it! Brothers who haven't called yet, hurry up and call, there's still time!"

"You're just trying to cover up your mistake. Besides, a trading halt requires a reason. It can't be suspended without a reason!"

"Is it hard to find a reason? There were no announcements of major asset restructuring or major events..."

"Right, right, right, brothers, call the listed company's secretary and strongly demand a trading halt!"

Zhao Xinyue was stunned.

Lin Menghan was also speechless and couldn't speak.

What happened in this stock market crash was so bizarre and strange that no matter how talented a director is, he could not come up with such a brainwave.

"Li Feng, will the market be better tomorrow?" Zhao Xinyue was really unsure, but she really wanted to know what bizarre things would happen tomorrow.

Lin Menghan also turned to look at Li Feng. She felt that there were undercurrents in the stock market, as if something earth-shaking was brewing. However, after thinking about it carefully, she could not find any clues or traces.

Li Feng thought about today's market and analyzed:

"Today is the first day of the battle between bulls and bears. The bulls have triumphed, but we must also be wary of a resurgence of bears. While the suspension of trading of thousands of shares is ridiculous, it has, to a certain extent, reduced the number of circulating shares in the two markets. This is most beneficial for bulls, especially the national team's rescue efforts. As long as they focus their efforts on blue-chip stocks, everything will be fine."

"In the capital market, money ultimately speaks volumes."

Lin Menghan thought for a moment and asked, "But, a trading suspension can only last for a while, not forever. If the stock price falls, it will fall again when trading resumes."

"That's true, but now we're in a stock market crash. Many companies have pledged their shares, and many investors are redeeming their funds. If we don't rescue the market, we don't know how many companies' shares will fall below the pledge line, and more investors will redeem their funds, which will lead to a chain reaction and cause irreversible consequences for the entire market," said Li Feng.

"The market has already formed a major trend: decline – loss – sell – further decline. These three have formed a terrifying self-reinforcing closed loop. To break this trend, drastic measures must be taken."

"It's like a critically ill person. To save their life, they're treated with hormone therapy, antibiotic trials, and even gene editing. Even if there are some side effects, they can't take care of that."

Zhao Xinyue frowned and interrupted, "But if we save him like this, it's only treating the symptoms and not the root cause. Even if he survives, he'll still be riddled with problems."

"It is better to live a miserable life than to die," Li Feng said.

"It's not that the market can't fall, it's just that it's falling too fast and too sharply. Once everyone has recovered and the period of extreme panic has passed, it should slowly consolidate and fall. This will give those who are stuck time to sell their losses and give those on the sidelines a chance to enter the market. The people who are still holding onto the market will be replaced by a new group... If it falls again, another group will be replaced... If it falls again, another group will be replaced..."

"In the end, won't the losses be spread out over time?"

Zhao Xinyue was speechless after hearing this. She muttered, "Take turns to stand guard and share the losses... You're using this crooked logic again..."

Li Feng spread his hands and sighed softly:

"In fact, every major bear market has been like this. 2008 was no exception. With waves of decline, groups of people left the market, and those who stood guard were replaced one after another, ultimately achieving a soft landing and minimizing the social impact."

"Of course, it is all shareholders who pay the bill in the end."

"All we can do is exit the market in time. Stay away from the stock market before the bear market ends. Don't grab at falling knives. There's no bottom for a bear market."

Lin Menghan, however, listened with great interest. She took out her cell phone, blinked, recorded it, and savored it carefully in her mind.