The market was in an uproar, and people exclaimed, "It's fake, it's fake... These big bullies are really bad. They just used their chips to cheat us this morning!"
"Deliberately pushing the stock price down to make us afraid of placing orders... As a result, when we put out orders, they ate them all up in one bite, and it went up again!"
"This is so heartless and shameless..."
"Ouch... Why don't I have a long memory? In the first month of the year, there was a gold pit. I didn't hold on to the lowest point and sold it after it hit 30%. Then it went back up. I made a huge loss!"
"How many chips did those big dogs grab in the gold pit? How much money did they make...Why don't I have a long memory!"
People were noisily complaining, and they still had fresh memories of the shortfall in the first month of the year. The snowstorm dropped the stock index by 30%, but it all rose back up within a few days.
Let those fools who are left at the lowest point cry!
The lesson was revealed not long ago, and people suddenly lost their minds: "Don't be fooled, buy it, and hurry up! The market outlook will definitely continue to rise!"
But at this moment it was too late to grab money. It was already eleven o'clock at noon, and it was time to take a break and eat!
Dang dang dang... I remembered the bell that stopped trading. The index stayed at 7640 points, which was 40 points higher than when it opened in the morning.
There will be no trading in the stock market at noon, but that doesn't mean that investors can take a rest. Just these 40 points motivate investors to have a shot of blood all day long.
There are all kinds of rumors in the market, and good news comes out one after another through different channels.
"I have relatives in the Ministry of Industry. In March, the cement sales quota given by the Chinese to Daqing increased by 40%. The Beijing-Hankow Railway project will definitely be accelerated! The stocks will also rise by then..."
"The Qing Dynasty is engaged in industry, and the demand for coal is increasing day by day. The court intends to build a railway from Taiyuan to Zhengding along the Jingxing line. By then, coal from Shanxi can be transported out by train..."
"This news is unmistakable. Once it is officially confirmed, do you think the stock market will skyrocket?"
"Now that March is warm and the flowers are blooming, the famine has passed, and construction has started at various construction sites, let's wait and see to make money..."
Buy, buy, buy...you have to buy it even if you buy it!
"News only comes from one mouth. There is no cost in spreading rumors...then spread the news!" Liu Peiqi was drinking strong wine in the big room. There were four packages of cold dishes wrapped in oil paper on the table.
Braised beef, pork head, fried peanuts, spiced dried tofu... The wine he drank was also the cheapest Shaojiu. It wasn't that he couldn't drink good wine, but today he wanted to drink this poor soju for some unknown reason.
The harder it is to enter the mouth, the better. The hot feeling can stimulate his mood, and swinging the butcher knife in the afternoon will be even more exciting!
Mr. Qin sat opposite him, drinking as if he were drinking poison. His mind was full of thinking about how to deal with the prince's anger. Today, he made such a big decision behind the prince's back.
It stands to reason that he has certain rights to help the prince buy and sell stocks, but this kind of decision to clear out all positions is not something he can do. He must ask the prince for instructions.
Liu Peiqi looked at Mr. Qin with a sneer, "Look at your worthless energy? You can't stand this little scene? Don't worry, let your people throw it away regardless of the price when the market opens in the afternoon!"
"Abandon all routines and all techniques... Smash! Smash until you die! Smash as much as you can... Only hit those people who dare not enter the venue!"
"Haha, don't they all want a gold pit? The 30% pit in the first month is too shallow. I'll dig a deeper pit for them!"
Mr. Qin said with a grimace, "The market value is more than four million. If we sell them all in the afternoon, the stock index will be smashed... No one will take over by then, and the stocks in our hands will be worthless!"
"Uuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu"
"Bah... you're worthless! You only have so much talent in your heart. I've already told you that we will explain it to the prince, so you can just carry it out!"
"Come... have a drink to strengthen your courage. Look at your coward!"
Who can help but be cowardly? More than four million taels of silver, this is almost all the cash flow in the hands of Prince Zheng Chengzhi. If all this is lost, the prince will have to sell his house and land!
Taking a two-hour break at noon makes the day feel like a year!
At noon, market sentiment had been stirred up by many rumors, and countless retail investors had filled out subscription orders at various prices!
In order of priority, according to the high price, they are put on the counter in categories. The teller on duty at noon is cleaning up bit by bit.
The advantage of the big room can be seen here. The market opens at 1 o'clock, and retail investors can only get some incomplete data after 1 o'clock!
But for an hour at noon in the big room, everyone could share the news on the counter outside in a timely manner. It was clear to the big room how many retail lambs had sacrificed their flesh and blood!
"It's time! Throw it!"
At exactly one o'clock in the afternoon, Liu Peiqi gave an order, and multiple large households acted at the same time. In response to the huge purchase orders accumulated by retail investors, orders flew out like snowflakes.
No one expected that so quickly, all the millions of taels of buying orders that had been hoarded at noon would be eaten in just half an hour.
Before those investors who offered money and held stocks could even laugh, they heard a desperate roar suddenly erupt in the trading hall!
"It's fallen... it's fallen... it's fallen..."
People looked at the index whiteboard in fear. The staff member responsible for writing the whiteboard had just modified the index. The modifications were made every half an hour, exactly half an hour at this moment!
7310 points, the stock index dropped from 7640 to 7310 in just half an hour! The avalanche begins!
People were really stupid, watching as a large number of sell orders poured out of the market, and each price was lower than the last. The transaction price was getting lower and lower, and the index was getting lower and lower.
When the stock index was updated for the second time, people roared even more fearfully, "7010! God, it's crashing, it's crashing..."
The exchange was in a sensation, Dashilan was in a sensation, and the entire capital was in a sensation in the afternoon!
The sudden crash frightened investors. At this moment, people even forgot to curse. Everyone looked at the index with pale faces, and the blood on their lips was drained.
"Save the market! What is the court doing? Save the market! It can't collapse like this!"
From the experience and lessons of previous stock market crashes, the imperial court realized that the financial market could not be left alone, and the imperial court must keep a close eye on it at all times. Therefore, the Ministry of Revenue, including the Prime Minister's Yamen and the Ministry of Internal Affairs, all left permanent officials in the stock market.
They usually do nothing, but if there is any change in the market, they will report it immediately!
Urgent telegrams were sent to various departments in the imperial court. On the one hand, the Military Aircraft Department reported to Emperor Tongzhi, and on the other hand, it used its own authority to rush in emergency funds.
In the last hour of the afternoon of 3.11, the market plunge was finally suppressed. Millions of funds from the imperial court began to enter the market, while selling orders in large households continued.
The two sides were wrestling desperately, and the stock index was fighting back and forth. Only then did the stock investors' pale faces regain a trace of color!
"Ouch... hold on! Hold on... The court has taken action... Let's look at 7,000 points today. It cannot be broken. It must not be broken!"
