The exchange has closed, but many people are holding on.

Some people are depressed, some people are crazy, some people are scolding, and some people are laughing excitedly...... It's a mess everywhere.

The situation on this day was incredible, first soaring by 3 yuan, and finally suddenly plummeting by 4 yuan. Whether it is a long party or a short side, as long as the people who participate in it, they are all in the abyss of liquidation, like playing a roller coaster game collectively.

The retail investors, who lost all their money, roared and scolded Wanguo Securities for its illegal operation. Liao Guofa actively contacted the Shanghai Stock Exchange with non-Shanghai private capital forces, wanting to ask for an explanation, but China Economic Development simply broke this mess.

"Shall we go, or shall we stay?" asked Zheng Xuehong.

Song Weiyang smiled: "It's all right." ”

Chen Tao said: "Don't laugh, okay? I and Lao Zheng only lost 300,000 yuan together, and you alone lost more than 20 million!"

"It hasn't come out yet. Song Weiyang kept smiling.

"It's useless," Zheng Zhong said, "this kind of thing has not happened, last year's Baoyan turmoil, Bao'an's registered capital was only 10 million, and the funds used for hostile takeovers were as much as 80 million." The policy stipulates that credit funds and illegal lending funds cannot be used to buy and sell stocks, and Bao'an is a serious violation. But what was the result: The China Securities Regulatory Commission only fined Baoan 1 million yuan, and at the same time announced that the acquisition was valid. ”

Song Weiyang shook his head and said: "This is different, one is petty theft, and the other is murder and arson." ”

In strict accordance with the policy, whether Song Weiyang is looking for a bank loan to speculate in futures, or borrowing from Xifeng Company to speculate in futures, it is a malicious violation. Not only him, but in this futures battle, except for those small retail investors, most of the other participants have violated the law in this - the fight is too fierce, and they can't get so much money through formal channels.

Song Weiyang and many participants belonged to petty theft, while Wanguo Securities was directly killing people and setting fires.

Zheng Zhong, who has been a trader for two years, spread out his seat and said, "I'll quit tomorrow, it's scary to do this." ”

"You also bought it?" asked Zheng Xuehong.

"I was buying a drop a few days ago, and I also had a few small plays. Seeing the good news today, I made a long list of the remaining net worth," Zheng Zhong shook his head and smiled bitterly, "More than 100,000 yuan!"

Song Weiyang got up and said, "I'll go back to school first, there will be classes tomorrow." ”

Zheng Xuehong and Chen Tao were reluctant to leave, they didn't lose much, but Song Weiyang lost a lot, they wanted to stay in the exchange to help Song Weiyang see the results.

After Song Weiyang left, Zheng Zhong asked, "This Mr. Song is still studying?"

"Well, college students. Chen Tao said.

"Xifeng, that Song Weiyang?" Zheng Zhong asked.

"It's him. Zheng Xuehong said.

Zheng Zhong sighed and praised: "He is worthy of being a young hero, he lost more than 20 million and didn't blink his eyes, but he could still laugh." ”

Chen Tao asked: "Mr. Zheng, the CSRC should deal with Wanguo Securities, right?"

"It's hard to say," Zheng Zhong shook his head and said, "The deal will definitely be dealt with, but I don't know the scale of the treatment, how much money is only fined to Wanguo Securities, and we still lose blood." I estimate that Wanguo Securities is betting on this, and if they don't violate the rules and short, they will lose at least billions. Illegal shorting, as long as the above admits the trading results, they are willing to be fined 100000000000000000000000000000000000000000000000000 ”

Zheng Xuehong and Chen Tao were silent, and now there is only one way out, that is, the CSRC declares that the operation in the last eight minutes is invalid.

In fact, today, except for the majority of retail investors, the main three parties are all operating in violation of regulations.

China Economic Development has mastered the inside information in advance and knows the accurate announcement time of the favorable policy, which is equivalent to watching the hole cards and playing with everyone.

Not to mention Liao Guofa's betrayal of its allies, it was shorting in violation of regulations at the beginning of the morning, and seeing that the momentum was not right, it immediately did a lot of flips, and there were also various illegal operations during the period.

Wanguo Securities is even more awesome, it went directly to the Shanghai Stock Exchange to ask for the suspension of the market before the afternoon opened. After being rejected, he quickly made preparations to flip the table - that is, in the last eight minutes, he frantically threw out more than 20 million empty orders, and at the same time let his subordinate sales department trading seats take long orders. Due to the sudden attack, the computer automatically matched the transaction speed of 1,800 transactions per second, and although the Shanghai Stock Exchange realized that someone was operating in violation of the law, it did not have time to take any measures to stop it.

The three-way scuffle, coupled with the follow-up of retail investors, today only the Shanghai Stock Exchange's treasury bond futures turnover funds reached 850 billion yuan, equivalent to one-fifth of China's GDP last year.

It's too big, and if you don't break through the sky, there will be ghosts!

Countless people who have been bankrupt have been liquidated and refused to leave the Shanghai Stock Exchange. waited until 10 o'clock in the evening, the exchange suddenly announced: the abnormal transaction in the last 7 minutes and 47 seconds was invalid, the turnover of treasury bonds on that day was 540 billion yuan, and the closing price of 327 varieties on the day was 151.30 yuan.

If calculated according to this closing price, Wanguo Securities suffered a huge loss of 5.6 billion yuan and was on the verge of bankruptcy.

Most of the retail investors who can go directly to the rooftop to buy and rise have risen from hell to heaven, and they have all made a lot of money, and the entire exchange is chanting "long live".

In the boundless cheers, Zheng Zhong said in disbelief: "We won?"

"We won, we won!" Zheng Xuehong copied his eldest brother, called the pager, and left a message to Song Weiyang with only two words: Won!

Chen Tao laughed and said, "I knew that Dr. Ma would definitely not be wrong!"

Zheng Xuehong walked to the trading hall outside, only to see countless people hugging and carnivaling together, hats, leather shoes, documents, clothes, shoes...... All sorts of things were thrown up, and the hall was in shambles.

"Hahaha," Zheng Xuehong laughed loudly, "This situation can be turned around, and everything will be listened to by Dr. Ma in the future." Dr. Ma let him go east, my Lao Zheng will never go west, he is not only good at brains, but also born with great luck!"

"You just know," Chen Tao said, "Let's go back and rest first, and pull Dr. Ma out tomorrow to celebrate." ”

The staff of the exchange came to clear the venue again, and people left in joy, and everywhere there were people shouting and drinking in celebration. Of course, there are also some people who lose their souls and are directly spread out in place and unable to move - one roller coaster ride is exciting enough, and they even sit twice and finally overturn.

Song Weiyang, Chen Tao and Zheng Xuehong's small fights are nothing, and the three of them combined did not make a profit of more than 25 million yuan.

On this day, many billionaires were born, and some even became the richest people at the provincial level, but the end was almost not very good.

On the second day of the 327 Treasury Bond Incident, the Shanghai Stock Exchange issued an "Emergency Notice on the Supervision of Treasury Bond Futures Trading" and issued six regulations, including "the implementation of a daily limit system for treasury bond futures". Three months later, the China Securities Regulatory Commission (CSRC) directly cancelled the treasury bond futures variety. Half a year later, the person in charge of the Shanghai Stock Exchange was dismissed and punished.