Chapter: 1701

No one could understand why, despite yesterday's morning headlines saying Guan Yanzhong was already critically ill, he now looked so spirited and radiant!

Therefore, each photographer journalist had their camera lens fixed firmly on Guan Yanzhong, with the sound of shutters clicking rapidly!

At this moment, online media via on-site equipment were live-streaming this press conference directly onto the internet.

When netizens saw Guan Yanzhong's rosy-cheeked appearance, the stocks of many listed companies under his group had already hit their daily limit and couldn't be sold further!

As referred to as "daily limit", it means that once a stock price falls below 10, it won't be allowed to drop any further, resulting in a large number of sell orders being trapped at the lowest price level, with the stock unable to rise.

In reality, under such circumstances, if someone were to buy up all the sell orders trapped at the daily limit price, the stock would naturally break through the limit!

In the stock market, those most sensitive to changes are brokerages and institutions.

They immediately realized that today's news was definitely fake when they saw Guan Yanzhong looking so nonchalant.

Therefore, in this situation, they completely believed that Guan's group stocks would immediately surge!

At this moment, if someone were to buy up all the sell orders at the price of the limit stop, they could potentially catch the bottom.

If the stock then reverses and rises, from the limit price all the way to the resistance level, the institutions that caught the bottom would be able to grab a 20% surge within a day!

To illustrate, if the stock price is originally 100 yuan, but it falls to 90 yuan's limit stop, at this point, one million people are all hanging their sell orders at 90 yuan's price level. If someone were to buy up all these stocks, the price would start opening up the limit stop.

If from 90 yuan's price level, the stock rises back to 100 yuan and then continues to rise to 110 yuan's resistance level, it's equivalent to a short period of time, rising from 90 yuan to 110 yuan!

Many institutions are going crazy buying in bulk. After opening up the limit stop, the price will continue to rise!

At this point, Guan Yanzhong walked onto the stage and stood in front of the podium, waving his hand at the reporters before sitting down on the chairman's seat.

In front of him, there was a microphone as well as his name card, "Chairman Guan Yanzhong" written on it with the number 0577edu above.

After sitting down, Guan Yanzhong smiled slightly and spoke in a clear and forceful tone: "Firstly, I represent the Guan Group and the Board of Directors, expressing our gratitude to all media friends who have taken time out of their busy schedules to attend this press conference."

The crowd of Guan Group shareholders applauded him enthusiastically.

Then, Guan Yanzhong continued: "Next, I will answer some questions that are of concern to all media friends, as well as the general public and investors."

Unexpectedly, no one thought that Guan Yanzhong would immediately dive into the main topic after a brief courtesy and sit up straight in his body with a listening expression.

Guan Yanzhong cleared his throat, speaking in a clear and forceful tone: "The first question is also my personal health issue. Although I did have some physical problems earlier, but now my body has fully recovered!"

As soon as he said this, everyone in the room couldn't help but take a cold breath.

Everyone knew that Guan Yanzhong had terminal pancreatic cancer.

This type of disease is notorious for having the highest mortality rate and is basically impossible to cure.

Now, Guan Yanzhong says he has fully recovered, which completely overturns everyone's understanding of this disease. JrNovels.com