For a time, before the market opened, the share price of Bank of China reached 9.5 yuan per share.

Not only that, the latest five prices of the buyer and the five prices of the seller will be displayed on the stock trading software.

The seller's sell order represents the cheapest stock among the sellers at this moment, but at this time there are already tens of thousands of sell orders.

One sell order contains 100 shares, which means that the value of one order is 950 yuan. Tens of thousands of orders would directly reach millions of yuan.

Although one million is a drop in the bucket for the stock market, this is just the behavior of retail investors before the call auction.

In the stock market, the market makers and institutions want to reap the benefits of retail investors. So since retail investors no longer recognize Bank of China, the big market makers and institutions naturally don't want to stay here anymore.

Soon, at 9:30 when the stock market opened for trading, Bank of China's share price fell again.

There are a large number of sell orders hanging on the trading platform, but no one is interested.

This resulted in a serious stampede, and everyone at this moment was thinking about throwing away this hot potato first.

The power of the sellers is getting stronger and stronger, but Bank of China has not issued any statement, which makes some people who are still waiting on the sidelines even more reluctant to enter the market to take over.

For a moment, the share price of Huaguo Bank fell like a waterfall, and finally hit the limit down in just three minutes.

In China's A-shares, the daily price fluctuation limit is 10%. That is to say, once it falls by 10%, the stock market will directly lock the stock and prevent it from falling further.

Although the stock price stopped falling, the sellers had already placed millions of sell orders at the lower limit price of 9 yuan.

Bank stocks themselves have a large market share and a large number of issued shares, so tens of thousands or even hundreds of thousands of shares are normal.

However, it is rare that millions of sell orders were placed at once.

Seeing that the seller already had hundreds of millions of funds tied up, no buyer dared to take on this tough task for a while.

Seeing this scene, Lin Feng was not at all panicked. Instead, he immediately called Li Qiang.

"Li Qiang, how is the statement being prepared?"

"It's ready. We'll send it to you for review. If you think it's suitable, we'll publish it immediately!"

Li Qiang obviously also noticed the plummeting share price of Huaguo Bank, so he spoke immediately.

"Don't worry, keep this statement to yourself and don't release it!"

"What? Why should we hold on to it? Our stock price has already hit the limit down, and judging from the current market situation, no one is optimistic about us.

If we don’t start crisis public relations now, then if time passes too long, even if we issue a statement, it will be meaningless.”

Li Qiang asked puzzledly.

"The stock market is actually just a psychological game, and the stock prices are all fake.

As long as you have enough ability, you can influence the future direction of this stock!"

Lin Feng said very confidently.

In fact, Lin Feng had already seen through the growth of Bank of China in the next seven days.

A long time ago, Lin Feng had signed in at the securities hall and then acquired god-level stock trading skills.

So when the other party dared to challenge him in the stock market, he knew that he would not lose this time.

The reason why I came here to sign in with Tiancheng Fund Management Company is to use the company's huge pool of funds as my own backing.

After all, at this critical juncture, the Penguin Group's Tianhai branch has to deal with the Xu Group's debts of several billion yuan, so it is naturally impossible to transfer funds from there.

The other party's target is Bank of China. If he takes money out of Bank of China to redeem Bank of China's low-priced stocks, this will inevitably send a signal to the outside world, that is, Bank of China can no longer hold on, so it has to use its own funds to maintain the stability of the stock price.

In this case, once a large national fund management company buys China Construction Bank shares in a high-profile manner, it will inevitably greatly enhance the confidence of the buying shareholders.

So this time, Lin Feng wants to bring down the capital consortium behind this matter at one go.

"Director Lin, do you have any solution?"

Hearing Lin Feng say it so easily, Li Qiang became a little curious.

"Everyone knows that the current stock price is due to the impact of this news, and since the other party wants to hit us by lowering the stock price, it is very likely that the other party is shorting our stock!"

Lin Feng analyzed seriously.

"Short?"

"That's right. Short selling is a common operation in the stock futures market. When the operator expects the stock futures market to fall, he will sell the chips in his hands at the market price, and then buy them back after the stock futures fall, earning the difference in the middle.

In other words, the other party is likely to be holding a large amount of borrowed stocks, with the purpose of lowering the stock price by continuous selling.

Then, when the stock price drops to a certain level, they use the funds from selling the stocks to buy low-priced stocks.

By buying and selling like this, they can earn a huge profit from the price difference.”

Lin Feng explained seriously.

"But the problem is that we are completely unable to stop the stock price from falling. If we don't release the news at this point in time, won't the stock price fall even more sharply?"

Li Qiang still didn't quite understand.

"Well, let it fall more sharply. The stock price has only fallen by 10% now. If they sell all their stocks now, they probably won't lose much money in the end.

However, if the Bank of China's stock price continues to fall for several days in a row, they will inevitably frantically cash out their stocks during these days, and then wait for the stock price to fall to the bottom and then buy it at the bottom.

What we need to do is to quickly raise the stock price before they buy at the bottom, forcing them to buy at a high price, and finally complete the counter-shorting! "

After listening to Lin Feng's explanation, Li Qiang was also shocked.

It’s amazing that a 19-year-old young man has such a deep understanding of the stock market.

"But Mr. Lin Feng, your idea is correct, but when it comes to actual implementation, there are too many uncertainties. Isn't this too risky?"

Although ideals are great, reality is cruel, and Li Qiang understands this very well.