Chapter 280 Stock Market Circuit Breaker, Passive Stock Software

Lao Luo took a look and ordered again: "Part of the money from the sold stocks will be transferred to Huaxia to buy stocks of companies that have obtained lithography machines. They will enter a period of rapid development in the future. These are definitely very high-quality stocks."

"Also, find more companies with chip design capabilities. In the future, we will still rely on these companies to ensure the industry's leading position. This really requires the accumulation of technology."

"Chip processing looks high-end, but after all, 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 guide their theoretical support for future investment in this industry.

Soon, the market, which had originally fallen due to the announcement of the increase in production of Yidian Semiconductor, stabilized somewhat under some favorable announcements issued by many securities and banks.

They brought out the chip bill signed by the government and finally stabilized it.

They want to let the public get some information so that they can run away.

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

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

Seeing that the stock market was recovering, all institutions were quietly selling stocks.

They wanted to sell all the stocks before ordinary stocks could react.

But things did not go as planned. There were still very sober and smart people in the society. An analysis post appeared on social networking sites.

Many people read it and found it absolutely reasonable, so it was passed on from one person to ten, and from ten to a hundred, and many people forwarded it to many platforms.

As a result, more and more people knew that many stockholders sold their stocks.

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

The trader heard the manager's words and was a little confused: "Manager, didn't our major institutions communicate that we should slowly sell together to stabilize the price?"

"Stability of price, do you think it can be stabilized like this? More and more sell orders indicate that the market has changed. We must run first, otherwise we will end up paying the bill."

The manager looked at the current situation and it was getting more and more critical.

He said sternly: "Immediately, immediately! Sell them all!"

All the traders dared not speak after hearing this, and directly manipulated all the stocks to go all in and put up sell orders.

The stock price also fell sharply at this time.

Everyone saw this situation and immediately knew that there must be more than one institution that was selling rights.

Everyone should want to run away first when they saw that they could not control it.

As expected, in the capital market, in front of interests, no one can be trusted.

Instantly, many stocks were circuit-breakers, and the manager hurriedly asked: "How many have we traded?"

"We have traded half, and the other half has not been traded!"

Hearing that only half of the trade was traded, the manager's face turned pale instantly.

This time the loss was too much.

"Put up orders again for those that have not been sold!"

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

He made a phone call, "Lao Luo, we haven't sold our stocks yet. We will suffer heavy losses under the current situation. We must think of a solution."

"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 similar. They only sold part of their stocks. There were still many stocks that could not be fully cleared under the current situation.

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

Others hesitated when they heard this method.

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

"Finally, we will issue an announcement saying that our company database has been attacked, causing problems with the trading software. Then let them automatically place a buy order, and we can sell it."

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

Everyone soon reached an agreement.

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

He has always been optimistic about the chip industry and has made some money. Recently, it has fallen a bit.

So he sold his stocks. With an empty position, he leisurely watched the latest developments in the stock market.

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

"Damn, what's going on? I didn't trade this stock. I sold it long ago. Why is it automatically placing an order to buy the stock now?"

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

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

Then he tried to buy it again and found that it was traded the moment he entered.

He tried to sell it again and found that there was no response.

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

He immediately called the securities company and the reply was that everything was normal.

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

Gradually he found that many people had 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."