When the Japanese delegation used a large amount of stock chips that they had secretly accumulated before to artificially create this panic stock market crash.
Shen Yutang mobilized a large amount of funds in advance before the stock price fell to the lowest point and started a crazy bottom-fishing and share-buying mode.
With just two huge buy orders, she swallowed up all the sell orders of Jardine Matheson Shipping Company in the market in one go.
In one fell swoop, he took control of the port shipping company and held an absolute controlling stake of 51%.
The funds consumed were only over 600,000 yuan, and the average price was about 2.40 yuan.
Shen Yutang now has at least 800,000 oceans in his hands that he has not used, which is enough to drive up the share price of Jardine Matheson Shipping Company!
After seeing that there were no more sell orders at two yuan, Shen Yutang directly placed a buy order for 100,000 shares at one yuan.
In an instant, the price of a piece of gold doubled!
Retail investors who followed the trend and bought in, like hungry dogs smelling meat, began to scramble to buy shares of Jardine Matheson Shipping Company.
In order to grab shares, they could only list the price at more than one yuan, which directly pushed the stock price up further.
In the trading hall, among a large number of stocks that had fallen sharply, a special existence, Jardine Matheson Shipping Company, finally appeared.
This alleviated the extreme pessimism and despair that had been felt by everyone in the trading hall.
People stopped selling and started paying attention to the changes in Jardine Matheson Shipping's share price.
Seeing that the stock price slowly rebounded to around 6 yuan, Shen Yutang withdrew his buy order for 100,000 shares and placed an order for 10,000 shares at 10 yuan.
Seeing the stock price double again within a few minutes, the crowd in the trading hall was excited again!
This time the crowd was boiling with excitement, not the panic-induced boiling scene from before.
In order to make up for the losses in other stocks, many people began to tentatively buy Jardine Matheson Shipping shares.
This time, Shen Yutang withdrew the ten-yuan buy order for 10,000 shares and began to slowly push up the stock price with small buy orders.
I watched as Jardine Matheson's share price slowly rose from 10 to 11, 12, 15, 18, 20...
It seems like the stock price is skyrocketing and will never come back!
People were just panicking and fearful, but now they are becoming greedy and excited.
People feel that they have made a profit by buying it, and they don’t care whether the price is ten or thirty dollars.
They rushed in and offered higher prices just to buy Jardine Matheson Shipping shares before others.
He Wu Jingxuan and others in the No. 6 VIP box saw that an unexpected situation occurred in the stocks they were manipulating!
For a moment, they were also caught off guard, not knowing what was going on! ?
They were also very shocked at first, but then they were surprised to find that all this seemed to be happening, and was developing rapidly in the direction they least wanted to see.
Driven by the consecutive doubling of Jardine Matheson Shipping's share price.
Those stocks that had fallen a lot before stopped falling and instead began to be snatched up by retail investors.
At this time, many people in the Yi Hall woke up from their panic.
Look at Jardine Matheson Shipping, it can recover, or even increase several times.
The emotions of all stock investors quickly changed from extreme panic to extreme greed.
The stocks of Shengxin United Textile Factory and Yongfeng Flour Mill began to rise sharply.
Starting from the lowest price, in just over ten minutes, their stock price doubled from the bottom!
Everyone in the trading hall was buying, buying, and buying frantically.
He looked like he was determined to buy everything with every penny he had.
The members of the Japanese delegation in the No. 6 VIP box were immediately panicked when they saw the worst situation happening.
You have to know that those stocks that they had previously frantically dumped were all purchased slowly at high prices.
The stocks they sold before also cost them real money.
Take the stock of Shengxin United Textile Factory as an example. One hundred thousand shares were purchased at an average price of ten yuan.
They spent 200,000 yuan on this stock alone.
This does not include the stocks sold by several other companies.
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