N-M Chapter 581 Announcement 1, Retail Investors Are Stunned
Chapter 581 Announcement 1, Retail Investors Are Stunned
Sure enough, about ten minutes before the stock market's morning opening auction began.
The hospital at the center of the storm released a brief announcement to the market without warning, almost like a bombing.
The announcement was brief, yet every word carried immense weight.
The core message is clear: After in-depth investigation and repeated verification by a joint working group of experts from multiple disciplines inside and outside the city, it has been confirmed that the tragedies of several patients experiencing severe organ failure were caused by the patients taking other drugs with known hepatotoxicity and kidney toxicity on their own, in excessive doses, and in combination. This has no causal relationship with the related drugs produced by Jiangning Pharmaceutical.
This belated but clear official "debunking" announcement.
For retail investors, speculative funds, and some weak-willed small shareholders who frantically sold off their shares and cut their losses in the past few days, and even secretly rejoiced that they "ran fast and managed their losses," this was a significant loss.
It's like detonating a depth charge beneath the seemingly calm surface of a lake!
The entire financial sector was thrown into chaos the moment the news broke, leaving everyone in disarray.
The comment sections of major stock forums and financial apps, as well as countless investment exchange groups with undercurrents, were flooded with posts, messages and emojis within seconds.
The server even groaned under the strain, exhibiting noticeable lag and delays.
Just a moment ago, the forum was filled with posts sharing experiences such as "successfully escaped the top, just lucky" and "cutting losses was wise, saving your life is the priority".
The next second, the entire public opinion shifted completely. The screen seemed to be instantly cleared and then filled again by an invisible force, replaced by an overwhelming flood of comments:
"What the hell?! Are you kidding me? The official statement a few days ago was so confident about the product's quality, and now this? Open for sale! I'll sell everything I own to get my hands on it back!"
"That damn hospital and those unscrupulous media outlets are pulling strings to scam retail investors, aren't they? I'm going to report them to the China Securities Regulatory Commission! Anyone want to join me in seeking redress? Let's team up!"
"Damn it... my hard-earned money! It was all sold at rock-bottom prices! Give me my money back!!"
"Stop yelling upstairs! Hurry up and open your trading software, place your order now! Put your order at the limit-up price! First come, first served, if you dawdle any longer you won't even get a sip of soup!"
"Yes! Hurry! This is absolutely a golden opportunity! The market has been severely oversold, it's guaranteed to retaliate with consecutive limit-up days! Right now, it's all blood-stained chips!"
The script for a panic sell-off was shattered the moment the announcement was made.
Even before the opening bell rang, an even more frenzied and intense battle for shares was already raging behind countless screens.
Ye Fan, sitting in his office in the Hongdou Building, watched the torrent of data flashing across the screen and the out-of-control storm of public opinion, a calm smile curving his lips, as if he had already foreseen everything.
The real harvest has only just begun.
At the same time, An Cai was staring intently at the official hospital announcement that popped up on her phone screen.
Her pupils suddenly contracted, and the color drained from her face at a visible speed, turning her deathly pale; even her lips lost their color.
She seemed to have all her strength and soul drained away in an instant, and with a "thud," she collapsed heavily onto the large leather chair, which groaned under the weight.
She stared blankly at the ceiling, her mind buzzing, with only one thought remaining: It's over, it's all over.
In order to seize this once-in-a-lifetime opportunity and completely crush her half-sister An Qi, who always outshone her, she was willing to gamble everything.
Over the past few days, they have been frantically and recklessly dumping Jiangning Pharmaceutical's stock on the market, creating and amplifying panic in an attempt to drive the stock price into an abyss of no return.
She had calculated public opinion and human nature perfectly, but she hadn't anticipated that this would be a trap set up for her to exploit her.
"Ring ring—!!"
The phone on the table began to vibrate wildly like a death warrant, and the word "Mother" flashed glaringly on the screen.
An Cai's fingers trembled so much she could barely hold the phone. The moment she swiped to answer, Lin Wanru's shrill, distorted voice, filled with anger and panic, bombarded her, its penetrating power so strong it could be faintly heard outside the office:
"An Cai! You idiot! Look what you've done!"
The insults were like icicles, piercing An Cai's eardrums and chilling her heart.
No matter how hysterical the mother on the other end of the phone was, it couldn't change the dire green stock account and the chips that had already been sold off cheaply and were now becoming someone else's feast.
She opened her mouth, but no sound came out.
The stock market opened on time at 9:30 a.m.
The massive panic sell orders accumulated during the pre-market auction were instantly swallowed up and cleared out within seconds of the market opening, like snowflakes falling in the sunlight, by an invisible, enormous, and suffocating torrent of funds!
Immediately following, countless huge buy orders, some for tens of thousands or even hundreds of thousands of shares, like the most savage battering ram, relentlessly and unequivocally nailed Jiangning Pharmaceutical's stock price to the daily limit.
The order book accumulated at an astonishing rate, as if building a Great Wall of funds.
Many retail investors don't even have time to refresh the price change bar on their trading software before all they see is a glaring limit-up price and a long string of despairing "buy one" order numbers.
In this storm of panic that swept across the entire internet, causing countless institutions and retail investors to cut their losses and leave the market in despair, leaving a trail of devastation.
The only, and biggest, winner was Ye Fan, who had been sitting calmly from the beginning, seemingly knowing everything.
some days ago.
When Jiangning Pharmaceutical was embroiled in a storm of scandals, its stock price plummeted to the daily limit, and the market was in an uproar.
Everyone was frantically selling off their shares as if they were avoiding a plague.
Ye Fan, however, remained as calm as a precise machine devoid of emotion.
Through dispersed accounts, funds are directed like a deep-sea whale devouring krill, absorbing as much panic selling as possible, frantically buying against the market trend, and continuously building positions.
At that time, his main traders, Shen Jun and Yang Bin, were so anxious watching the stock price plummet on the screen and the boss's "buy more as it falls" instructions that they developed blisters on their lips, suffered from insomnia at night, and even lost a lot of hair.
They couldn't understand why their boss would lead them to catch this obviously blood-stained "throwing knife." What was the difference between this and a suicidal charge?
However, due to their almost blind trust in Ye Fan and their awe of his past glorious achievements.
With red eyes and clenched teeth, the two resolutely carried out the buy orders, despite immense psychological pressure and the stares of outsiders who thought they were fools.