“Correct!”

Su Mo nodded and spoke briefly.

“This one……”

“Our stock exchange allows credit leverage, but it is also divided into different levels. For initial VIP position-opening customers like you, we can increase your leverage quota to five times!”

“However, for general initial VIP users, we do not recommend that you manipulate leverage because the risk is too great…”

Xiao Zhang reminded very seriously.

After all, in the seven or eight years he has been in the industry, there are only a handful of people who dare to use leverage.

Don’t say it was an accident for Xiao Zhang!

The shareholders around, including Qiao Weidong, were all shocked!

“Young man, are you crazy? Leverage, can you play with it casually?…”

An old stock investor spoke up directly to remind him, and in a very serious tone.

“Oh my god, stop fooling around, young man. One million is not a small amount. Besides, don’t you know that you have to pay back the credit loan if you use this amount of money with leverage?”

“Don’t be impulsive…”

A group of veteran stock investors began to advise, but none of them thought that Su Mo was suitable for using leverage at this time.

The only people who can use leverage are those with huge capital and 100% insider information.

The kind that is sure to make money.

“What is leverage?”

Xiao Meng, who was standing next to him, saw that several people were very nervous and scared when they heard about the lever, and couldn’t help but ask Qiao Weidong out of curiosity!

“Leverage is very simple. It can move a lot with a little effort…”

“You can use one dollar to turn your credit line into 10 dollars, and then use this 10 dollars to invest in the stock market… If you make money, it will be doubled to 10 times!”

“But at the same time, the risks of leverage are also huge:”

“就比如这100万杠杆5倍就是500万，如果股市亏损超过20％，那他的本金就直接清零……如果超过40％，那他就得拿出来100万还给证券交易公司……”

“Most people don’t have the guts to play this…”

Qiao Weidong explained to Xiao Meng.

Hearing that leverage is so scary and the risk is so great, Xiao Meng couldn’t help but smack her lips in shock!

It really sounds frightening.

Maybe once the money arrives at the stock market, it will be wiped out in less than half an hour, and you may lose everything and even owe a stock debt.

Qiao Weidong looked at Su Mo deliberately and said with a smile:

“Okay, you know leverage…”

“Is it true that not everyone dares to play with this lever?”

“You are serious, kid. Don’t you feel bad for selling your grandfather’s land?”

“After a while, you won’t even be able to cry after the liquidation, haha:”

“Forget it. If you lose everything later, you won’t be able to marry a wife here…”

Looking at Qiao Weidong who was deliberately mocking him and trying to anger him.

Su Mo was really too lazy to pay attention to his little tricks.

If he wants to make sarcastic remarks, let him do it.

He won’t be able to laugh anymore later.

“I applied for 5 times leverage!”

Su Mo didn’t waste any time and directly applied for the leverage quota.

Compared to opening a trading account, applying for leverage is indeed much more difficult, after all, it is a credit sale.

Do you think you have the qualifications?

I’m afraid you can’t pay it back.

While Xiao Zhang was operating the credit sales, Su Mo also opened the system panel in his mind.

Found the stock market sector immediately!

Selected the sub-sector of Hong Kong stocks.

The Hong Kong stock market has opened at this moment!

The Hong Kong stock market is divided into two sectors, one is the main board and the other is the Growth Enterprise Market.

The main board stock market, plus the GEM stocks.

Nearly two thousand!

Su Mo immediately activated the stock search skill for all 2000 stocks.

[Ding! You have searched the rising trend of 2000 stocks in the next 7 days. Please wait…]

[Ding! Search successful, the best stock trading stock has been recommended for you – Dalang Food]

[Dalang Food, stock code is xxxxxx…, we recommend you to buy at 19, the maximum increase in 3 days is 7%… the increase chart is as follows…]

Dalang Food?

Su Mo briefly learned about the company with the stock code.

It is currently in a state of slight loss, and the entire stock market has also been falling recently.

From any perspective, it is impossible for anyone to actively buy this stock.

Most of them are selling.

Most of the net funds are also flowing out.

This stock could surge by 400%. There must be someone manipulating it behind the scenes.

But this is not important. What is important is that I have got the first-hand information now.

Even when to sell and when to buy is extremely clear.

The current stock price of Dalang Food is 20 yuan and 1 cent.

In other words, the best time to buy is to wait until it falls to 19 yuan, then it will bottom out and start to take off.

After finishing all this, Su Mo looked at Xiao Zhang.

“How is it? Is the credit operation ready?”

Su Mo asked calmly.

After all, the time is almost up to the system-recommended price of 19 yuan.

“Okay, okay, it will be ready soon…”

Xiao Zhang operated quickly, then saw Su Mo coming and spoke.

Didn’t make him wait for more than a few minutes!

Xiao Zhang breathed a sigh of relief.

“Okay, the quota has been approved. Now your account for opening a position has 500 million!”

Xiao Zhang immediately said to Su Mo.

I heard that the capital has arrived now.

Su Mo looked at the time at this moment!

At this moment, the price of Dalang food has dropped to 19 yuan.

You can buy it now.

There is no need to count the minutes and seconds.

That would make people suspicious.

“very good!”

“Help me find Dalang Food, stock code xxxx…buy it!”

Su Mo said directly without any hesitation.

Originally everyone thought that Su Mo was just joking, but now they heard that he really applied for leverage and was ready to start trading without hesitation.

Everyone was shocked at once.

………………

PS: Brothers, today is the updated 7th chapter, and there will be free chapters later, which is a benefit for everyone.

The plan remains unchanged. It will be released at 12 am. Brothers, please subscribe to the first version. I will update it like crazy then. I won’t sleep tonight. Let’s go.

Chapter 53 Bargain Hunting (First Order on 8/7)

Dalang Food?

After hearing what Su Mo said, Xiao Zhang immediately transferred out Dalang Food stocks.

Quickly analyzed the data.

“Mr. Su, this… Dalang Food has been falling for almost three months, and their health license is no longer in the declared state…”

“Recently, Dalang Foods has had two safety accidents within a year, and we have been warned by letter.”

“There is bad news about Dalang Food right now. And the stock price is also supporting their current situation… and several securities companies have rated Dalang Food’s stock as sell… B-.”

“You are serious, this… True, if I buy this, I will definitely lose money!”

As a securities analyst operator, Xiao Zhang’s analysis is quite professional.

In a very short time, the approximate value of Dalang Food was briefly stated.

In his opinion, the ratings of the five major securities trading companies are all sell!

Credit rating B

Anyone who buys this kind of stock is a fool.

He looked at Su Mo with an incredulous look.

I even thought in my heart, is this guy just not good with money?

Not to mention Xiao Zhang who was surprised, even the old shareholders next to him and Qiao Weidong were surprised.

Su Mo is really a guy who dares to think and act.

On the first day of opening an account, he dared to play Hong Kong stocks. Not only that, he even dared to play with 1x leverage.

Not only is the leverage 5x, but they also found a junk stock to buy.

crazy?

“Young man, are you crazy? This is a joke. Even a dog wouldn’t buy this stock…”

“Uncle, are you scolding me in a different way?”

Seeing that the old man was more anxious than himself, Su Mo couldn’t help but complain.

“Young man, I don’t mean to scold you, the point is that you are just having trouble with money, and you are using leverage. If you lose everything, you won’t even be able to afford to pay for your pants:”

The old man said anxiously!

“Yeah, I must not be impulsive recently…”

The people around started to persuade him.

Instead, Qiao Weidong smiled and said nothing.