I wonder what it will be like after lunch break.
Xu Guangyao didn't eat a single bite of food at noon today.
The shadow of the M-share decline loomed over him.
If he had the option to close his position, he would definitely do it.
He cannot.
Who knows how low Aihui Group's stock price will fall then?
The stock leverage that Jiaren Capital and the funds it has gathered is too great.
Why did it have to happen at a time when M-shares were falling?
Moreover, it's not just Aihui Group that's declining; the entire Hong Kong stock market is experiencing a downturn.
If things continue like this in the afternoon, the government and major companies will likely take measures.
In the afternoon, the decline intensified.
The entire stock market had only sellers and no buyers.
Aihui Group's stock has fallen by 2.1 yuan per share.
Jiaren Capital made a profit of 12.6 million yuan from the 6 million shares sold by Ji Chunyang today.
There are others too!
Those laymen like Zheng Rong were all thinking: If we close the position now, Jiaren Capital won't lose much, right?
By the close of trading in the afternoon, the Hang Seng Index had fallen by more than 11%.
There is no limit to the daily price limit on the Hong Kong stock market.
Aihui Group's stock fell by 2.7 yuan, and other stocks also declined.
Now, Jiaren Capital has not only broken even, but has actually made a profit.
Everyone knows how Jiaren Capital operates.
At this moment, everyone looked at Song Yan with a gaze that was not only one of admiration, but also a bit like that of someone looking at a monster.
How could such a reversal happen?
Assistant Ke and the bank's investment advisors had both suggested closing the position.
Ji Chunyang had considered closing out his position.
But Song Yan didn't say anything, so she held back.
Starting from the 13th, Jiaren Capital suffered a loss of more than 70 million yuan after four consecutive days of short selling.
But in just one day, the losses were not only made up.
They even made back nearly 20 million.
By the 20th, the analyses in major newspapers had become more rational, and the analysts had woken up.
Ji Chunyang was thinking about Xu Guangyao, wondering if he would close his positions today.
His losses are limited.
Song Yan didn't care. "Let's go shopping with Mrs. He, Miss Sun, and Lucky today!"
They've been inviting me for days now, haven't they?
Lucky and Xiang San are quite an interesting couple.
Ji Chunyang: Second sister-in-law, aren't you watching the stock market? Am I supposed to be guarding the stock exchange?
However, Song Yan is destined to be alone today, with no one to accompany him shopping.
The stocks of the He and Sun families are also falling. As a member of the family, how can I go out and enjoy myself at this time?
What about Lucky?
Let's forget about it; Xiang San is following behind them.
Xiang San was a little dizzy because of the stock market crash.
Song Yan didn't want to see him.
Ji Chunyang, Assistant Ke, and others waited for the market to open.
But the final notification they received was that the market would be closed.
The relevant municipal departments convened an emergency meeting, and the committee members expressed their opinions.
Based on the rights granted by a certain rule, and in any case, with a valid reason, the market was suspended.
The market was closed for four days.
Many, many people, including Xu Guangyao.
He was really scared; what would he do if the price continued to fall?
He cannot close out his position.
He could only endure the indifference of the company, as well as the anger directed at him from within the group.
Initially, no one took Jiaren Group seriously.
So when Xu Guang was about to provoke the Jiaren Group, nobody took it seriously.
Who knew that ants could shake a tree?
The market was closed, and everyone breathed a sigh of relief.
Only Song Yan knew that they had loosened their grip too early.
The market will be closed for 4 days plus the rest day, and it will reopen in 6 days.
Song Yan will enjoy life for these 6 days.
Xiang San was extremely disappointed.
The market opens, and the price keeps falling!
Ji Chunyang remained composed even when facing her second sister-in-law, who was as steady as a mountain.
In any case, news about halting the market to rescue it is everywhere among all the major companies.
The atmosphere at Jiaren Capital is quite positive, and everyone is discussing this matter extensively.
As everyone expected, a sharp rebound in the stock price was impossible.
As long as things remain as they are, any position that Jiaren Capital closes out will be profitable.
All sorts of news have become topics of conversation for amusement.
However, everyone felt it was a pity.
Why ask for instructions? Why are there so many market rescue measures?
If the stock price recovers even slightly after the initial move, even if you close your position, you'll still earn significantly less.
However, everyone knows that this is what the government and relevant departments should do: take proactive measures.
Song Yan declined to comment, becoming an observer.
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