Business Empire: There Are More Than 100 Million Black Technologies

Chapter 280: Stock Market Circuit Breaker, Passive Stock Software

Lao Luo looked at it and ordered again: "Part of the money from the sold stocks will be transferred to China to buy stocks of companies that have obtained photolithography machines. They will enter a period of rapid development in the future. This is definitely a very high-quality product." of stocks.”

"We also need to find more companies with chip design capabilities. In the future, we will still have to rely on these companies to ensure the leadership of the industry. This really requires the accumulation of technology."

"Chip processing looks high-end, but in the final analysis it is still a processing company. The technical content is really not very high and the substitutability is too strong."

Others also nodded and recorded these.

These will provide theoretical support for their future investment in this industry.

Soon, the market's decline caused by the announcement of Yidian Semiconductor's production increase actually stabilized due to some favorable announcements from many securities companies and banks.

They carried out the chip bill signed by the government and finally stabilized the situation.

They want the people to get some information so they can run away.

Otherwise, they will all flee in a hurry, and they will also be buried in the stock market.

These institutions all want to go short, but unfortunately they have no counterparty. No institution is optimistic about the stock market of these companies in the future.

Seeing that the stock market is recovering, all institutions are quietly selling stocks.

They want to sell all the stocks before the common stock can react.

However, contrary to expectations, there are still very sober and smart people among the people, and an analysis post appeared on the social networking site.

After many people read it, it definitely made sense, so they spread it to ten people, and many people forwarded it to many platforms.

This directly led to more and more people knowing that many investors sold their stocks.

The institution discovered something was wrong, and a manager immediately ordered a group of traders: "Sell all these stocks immediately!"

The trader heard the manager's words and was immediately confused: "Manager, haven't our major institutions communicated with each other and let us slowly ship goods together to stabilize the price?"

"The price is still stable. Do you think it can still be stable like this? There are more and more sell orders, which shows that the market has changed. We must run first, otherwise we will end up footing the bill."

The manager looked at the current situation and became increasingly critical.

He said sternly: "Immediately, immediately! Throw it all away!"

All the traders did not dare to speak after hearing this. They directly controlled all the stocks and placed sell orders on them all.

The stock price also fell sharply at this time.

When everyone saw this situation, they immediately knew that they were not the only organization selling rights.

Everyone must have lost control and wanted to run first.

Sure enough, in the capital market, in the face of interests, no one can be trusted.

In an instant, many stocks were disconnected, and the manager quickly asked: "How many transactions did we make?"

“We’ve closed half of the deals, and the other half haven’t been closed yet!”

When he heard that the deal was only half completed, the manager's face instantly turned pale.

This time the loss is too much.

“If you haven’t sold anything, please place your order again!”

He took a look at the data and knew that this would definitely not work. They would definitely not be able to escape like this.

He called the phone and said, "Lao Luo, our stocks have not been sold. Given the current situation, we will suffer heavy losses. We must find a way."

"I already know. I will contact several companies to see how to deal with this matter."

Soon after a group of institutional people communicated, they found that everyone was about the same, they had only sold part of it, and there were many others that it was definitely impossible to clear out all of them under the current situation.

"I think we can restrict the trading rights of retail investors so that they can only buy but not sell."

Others couldn't help but hesitate when they heard this method.

"I agree, but I have to find a good reason."

"Finally, we issued an announcement saying that our company database had been attacked, causing problems with the trading software. Then we asked them to automatically place a buy order, and we could sell."

"I think this is okay. We can reduce losses this way."

Soon everyone was in agreement.

A small white-collar worker in Lighthouse Country, he likes to stock stocks when he has nothing to do.

He has always been optimistic about the chip industry and has made some money, but it has fallen sharply recently.

So he sold the stock, and with his short position, he leisurely watched the latest developments in the stock market.

Suddenly he found that his stock account automatically completed a transaction. He immediately checked and found that he had sold the stock just an hour ago.

"Damn, what's going on? I obviously didn't operate this stock. I sold it long ago. How come I have automatically placed an order to buy the stock now?"

When he saw this situation, he knew very well that the stock would definitely continue to fall.

I wanted to sell the stock immediately, but found that I couldn't do it at all.

Then he tried to buy again and found that the transaction was completed the moment he entered.

He tried selling again but found no response.

"Fake Squid, why the hell can I only buy but not sell now? I bought back the stocks I sold before."

He immediately called the securities company, and the answer was indeed that everything was normal with them.

He immediately posted the situation and screenshots of the operation on social networks.

Slowly he discovered that many people were in the same situation as him.

The stocks that were sold a few hours ago were bought back inexplicably, and then they could only be bought but not sold.

After a few minutes passed like this, the stock trading software returned to normal, but the stock price could not be maintained and plummeted instantly.

The stock melted down again.

Countless investors discovered more critical information. They discovered that all the institutions had fled just now.

Now only retail investors are left, and these retail investors have all spoken out and said that there is a problem with their stock software.

As a result, they suffered huge losses, and many people reported that they had sold their stocks long ago, only to buy them back automatically.

They demanded an explanation.

This matter instantly became the top trending topic.

It turns out that the folk master’s semiconductor industry analysis fell to second place.

Everyone has seen more and more evidence, all pointing to securities companies and institutions.

Finally, with the attention of the whole people, an announcement appeared.

"We are deeply sorry for the problems that have occurred. We are also victims. There have been cyberattacks on many of our companies, which have caused some problems in the trading of stock software. We have repaired them as soon as possible after we found out, so we did not follow them. cause greater losses.”

"Through our efforts, no one's money or stocks have been lost. They are still in your accounts and the value is still there. Although it has depreciated due to stock market fluctuations, the value will rise back after the stock price rebounds."