Chapter 20: All Lines Are Red!
In 2020, after a series of investigations, the Da Qian Stock Market underwent very aggressive reforms. Regular trading hours increased from four hours a day to eight hours, and the daily price fluctuation limits were removed, with the addition of a circuit breaker mechanism, etc.
Over six years, the stock market fluctuated constantly. Some people lost their families and fortunes, while others became rich overnight. The stockholders also gradually got used to the new stock market mechanism.
Today, after Qi Xuan’s Live Stream ended, the stock market’s rise was actually somewhat delayed.
Almost after the news of the Commercial Aircraft Corporation of China’s (COMAC) orders spread widely online, the related stocks slowly began to rise.
The first to rise were stocks like Xi’an Aircraft Industrial Corporation (XAC), and AVIC Engine Control. As for why it wasn’t COMAC, it was because COMAC wasn’t listed, and you couldn’t buy it even if you wanted to.
Therefore, a series of stocks known as COMAC concept stocks all received enthusiastic support from stockholders.
For example, XAC, which is responsible for the C919’s wing, mid-fuselage, and outer wing box and other core airframe structure supplies; Da Qian Optoelectronics, the core supplier of C919 avionics connectors; and AVIC Engine Control, which focuses on aircraft engine control systems, etc., a series of related stocks all soared.
Even if some stocks had just risen recently, they now ushered in a new peak.
For a time, the forum communities where many stockholders gathered, like Xueqiu and Eastmoney, all ushered in a prosperous scene:
“I’m out of the trap! I finally got out of the trap! Do you know how I’ve been doing for the past eight years?!”
“Damn it, I bought the bottom ten times, and the more I bought, the lower it went. Today, I finally turned things around.”
“Hahaha, it’s rising! It’s rising! Why would I jump off a building?!”
“Profit of 20%, brothers, do we want to go for it?”
“Go, go, go! Keep going! I’m betting on doubling!”
“Little White asks, Optoelectronics has already risen 35%, can I still buy it?”
“The answer is to go all-in, all-in!”
“Damn, can the suicide squad stop dragging others to die together? If you’re afraid of risk, buy something else. The COMAC concept is being hyped up too much right now, you never know when it will plummet.”
“Haha, the funds have entered the market! Everyone, follow the institutions!”
……
Under the heated atmosphere, the various COMAC concept stocks further increased, but because they were raised too high, it made many stockholders who had just entered the market feel very afraid and didn’t dare to buy.
Therefore, the stocks of major airlines that originally had nothing to do with COMAC all ushered in a surge, with massive funds injected, and the entire aviation sector soared.
Along with this, related hot topics also appeared on major media platforms.
Netizens who didn’t pay much attention to the stock market were also attracted:
“What’s going on? Why are all the aviation stocks exploding?”
“Damn, don’t do this, I just cut my losses last year!”
“Nima, this is rising too ridiculously, it makes me want to move.”
“I was just thinking about where to hide my private money, and here comes a new place?”
“I was originally planning to buy an iPhone 18, but now I’m all in the stock market, I must give birth to a lot of phones!”
“Loot a small loan, go all-in, win, I’ll have a club and young models, lose, I’ll go to work at sea!”
……
Faced with many netizens rushing into the stock market, various experts and Influencers began to speak out, calling for the market to calm down:
“Everyone, don’t rush in, the stock market can’t keep rising, aren’t the lessons of the past enough?”
“Good news is followed by bad news, the order news has been overhyped, be careful of a crash.”
“Several stocks have seriously deviated from their actual value, are you trying to be a receiver now?”
“The excitement belongs to the institutions, the risk belongs to the retail investors, and the loss is yours.”
“I’ll make a post as proof, aviation-related stocks will rise a maximum of 50% today, and will immediately crash! If I’m wrong, I’ll eat ramen upside down!”
……
However, no matter how the experts and Influencers tried to dissuade them, the netizens still rushed into the market.
The most bizarre thing was that not only was the aviation sector still continuing to rise, but even the steel sector, the mechanical manufacturing sector, and the new energy sector also rose in succession, without stopping at all.
Seeing this scene, the experts and Influencers were all dumbfounded:
“What’s going on? Why are they all rising?”
“It’s okay for aviation to rise, but why are steel, coal, and new energy also rising?”
“I can understand steel rising, it needs steel to manufacture airplanes, I can also understand coal rising, it needs coal to produce steel, but why are you, pharmaceuticals and biology, also rising? What does this have to do with you, pharmaceuticals and biology?”
“I just inquired, according to inside information, Qi Xuan took cold medicine before boarding the plane, and his ability to enter the Floating Continent might also have something to do with the cold medicine he took.”
“Damn, why not say he used a Huida toilet when he went to the toilet, which allowed him to enter the Floating Continent?”
……
Half an hour later, the listed company Huida Sanitary Ware, stock price soared 30%.
The stock market commentary circle fell silent for a moment.
Want to ask why the experts and Influencers aren’t talking?
Who the hell is still talking, they’re all rushing to enter the market.
And this round of soaring in the stock market has not stopped there.
In addition to the large number of netizens pouring in, a large amount of foreign funds are also buying in.
After steel and coal rose, other sectors also rose one after another, and finally formed a situation where five thousand stocks rose together, and the Da Qian Stock Market was all in the green!
The market index even broke through 10,000 points, achieving a new high in history!
Seeing this scene, whether it was the experts and Influencers or ordinary netizens, they were all going crazy.
However, no matter how excited they were, they couldn’t continue trading, because the stock market had closed.
And there were two days of market closure after that.
This night was destined to be a sleepless night.
Countless stockholders posted online, venting their emotions:
“Ten thousand points, this is too ridiculous, it’s like a dream.”
“I never thought that the market index could break through ten thousand points.”
“At first, I just wanted to trade stocks to make a little money, but I didn’t expect to witness this historic moment.”
“One person leading the entire stock market, I declare Qi God is my dad!”
“Unconditionally support all of Qi God’s decisions, I’ll buy whatever Qi God says.”
“Praise Qi God, you are the light of all stockholders!”
……
Online discussions continued.
The next morning, on major media platforms, nearly half of the top ten trending searches were related to Qi Xuan and the stock market.
But at this time, netizens didn’t have time to pay attention to the stock market.
Not only because the market was closed for two days, and they couldn’t trade.
But also because Barack, a top rich man from across the ocean, was about to use the C919 he had just obtained to conduct a plane landing experiment.
He was preparing to fully replicate Qi Xuan’s landing process, attempting to send a second passenger plane into the Floating Continent.
For a time, various countries around the world, from ordinary people to government officials, all turned their attention to it.
Everyone was waiting for the result of this experiment.
