Chapter 707: Broken

There is indeed a hint of laxity on Long Chuang's side.

The previous few times smashed down, two or three hundred million funds, smashed to thirty yuan, was supported by Longchuang's buying, and then the bears stopped, and Longchuang slowly pushed the stock price up a few prices, not much, just a few cents, mainly a buffer zone.

Otherwise, the price of 30 yuan will be directly exposed, and there will be no buffer at all, and just some small retail investors who will smash the market will be enough for Longchuang to bear.

This time too.

After pushing the stock price up by a few points, Long Chuang just placed a few large orders to support the stock price at the prices of thirty yuan and one cent, thirty yuan and two cents, and also placed a few large orders on the twenty-nine yuan, so as to prevent the stock price from being smashed all at once.

Judging from these buying orders of Long Chuang, there is no ten or eight billion funds, so don't want to smash it.

Normally, this kind of large number of selling orders is rarely smashed at one time, and there will be a time difference more or less in the middle, such as smashing 100 million first, and then smashing 100 million every few seconds.

Large funds are generally operated in batches by several traders, and even some are not an institution, like Chen Wei and they rely on instant messaging, and there must be a difference in the time of placing an order.

Chen Wei and several of them placed orders, and there was a time difference before and after, although the time difference was very short, only a few seconds.

And just now the short smashed the plate several times, the whole smashing time lasted for a few minutes, 10,000 hands and 10,000 hands smashed down, which gave Long Chuang enough time to react, after the list on the disk was almost eaten, Long Chuang can continue to put out a buy order.

As long as Long Chuang does not relax, it is indeed difficult to smash.

But this time, after pushing the stock price up a few levels, the disk gradually calmed down, and it was taken for granted that the next time the bears smashed the market was at the end of the market, so there was a trace of relaxation.

Qin Fei keenly seized this opportunity.

In addition, Chen Wei and several of them were all doing intraday trading, and the speed of grabbing orders was already very fast, Qin Fei gave an order, and Chen Wei and a few of them smashed out more than 80 million short orders in two or three seconds.

directly hit Long Chuang, who was caught off guard.

Thirty dollars broke in response.

Fortunately, Long Chuang also put some buy orders below the thirty yuan, so he didn't wear it to the end.

Chen Wei smashed the stock price to 29 yuan 5.

"Haha, cool! I was really smashed through by us! Brother Qin is mighty!" Zhou Yi shouted excitedly in his voice.

"Don't be too happy too early, we just caught Long Chuang off guard, and then, it's up to the bear's reaction. If the bears follow up, then maybe they can still suppress the stock price, or even smash it down again, but if the bears don't react, then Longchuang will definitely push the stock price back again, after all, we can't enter again, and we can't press the order casually. Qin Fei was relatively calm and said.

"We're all tantamount to knocking the city gate open for him, if the bears don't know how to seize the opportunity to rush in, then it can only be said that their level is too good. Zhou Yi said again.

Qin Fei, Chen Wei and the others just smiled slightly and didn't say anything.

Indeed, if that bearish can't even seize such a good opportunity, it will be really too much.

However, in Qin Fei's opinion, since the bears have done such a game in front of them, it shows that they are still a bit level, and they should not even be able to seize this opportunity.

Sure enough, only a few seconds later, before Long Chuang's side could react, another one was smashed down on the plate.

The amount of this wave of smashing down is not much less than that of Chen Wei and them just now.

There are also 70 or 80 million lots for sale.

Longchuang's stock price was directly smashed by two yuan, falling to twenty-seven yuan and three cents.

And that's not all, the plate is like a big river bursting its banks at the moment, and many bears are going crazy to go in.

Even if Long Chuang's side has reacted now and tried his best to support the bottom, it really can't stop such a turbulent empty momentum.

The stock price continued to fall.

Zhou Yi was overjoyed, shouted excitedly, and admired Qin Fei even more.

Qin Fei also smiled and said, "It seems that the bears are not bad, and they have lived up to our expectations." ”

Chen Wei also said sincerely: "It's really good, being able to smash the stock price down before Longchuang, in addition to reacting quickly, it also shows that the bears are indeed as you and Tinghai expected, thinking of this step, even if we don't do it, they will do it." ”

Qin Fei nodded and said, "Well, I just don't know, which agency did this." ”

If it is done by a domestic institution through a domestic account, then it is possible for them to find out, but if it is done by a foreign institution or a domestic institution with a foreign account, then it is difficult for them to find out.

Overseas accounts are still doing quite well in terms of protecting privacy, and if you want to know the positions of overseas institutions, you can only wait for those institutions to take the initiative to announce them.

"You say, could it be Lin Hongsheng who did it?" Zhou Yi said suddenly.

Here, Qin Fei and Chen Wei glanced at each other, and they both thought carefully about the possibility of this matter.

Qin Fei said: "It's really hard to say. Lin Hongsheng does have the willingness to short Longchuang, and he also holds a lot of empty orders for Longchuang, and he should also have the ability to lay out this game and seize the opportunity just now. It's just that Lin Hongsheng used a domestic account to short Long Chuang, and Long Chuang's side will definitely be able to find him, whether Lin Hongsheng has the courage to risk offending Xu Tianyin, just to catch our 80,000 hands, this is really hard to say. Unless, Lin Hongsheng is also like us, he also has an overseas account behind him, and then shorts Longchuang stocks through an overseas account, but there is another question, where did his overseas funds come from? The funds that the short just used are more than 3 billion, then he must have at least 5 billion funds in his account before he dares to play like this. Lin Hongsheng: Where did he get so much money from abroad?"

Qin Fei is almost certain that even if Lin Hongsheng himself has billions of assets, it is impossible for them to all be transferred abroad.

As for the funds entrusted by Honglin, according to the current regulations, they are not allowed to be transferred abroad.

Although Ninghai is a pilot area, it is only allowed for individuals to carry out overseas investment business, or companies to carry out overseas investment business with their own funds, such as private equity funds, public funds, trusts, etc., and only a few QDII funds that have been approved can invest in overseas markets, and as far as Qin Fei knows, Honglin has not obtained a QDII license.

Therefore, it is almost impossible for Lin Hongsheng to have so much money to invest in overseas markets.

Unless he is through some underground channels.