Teli A, up by 10.05%, stock price at 10.85 yuan.
Lu Liang no longer hid his intentions, just like the countless funds that surged into state-owned stocks, he bought aggressively at the price limit, taking as much as was available until there was nothing left on the market.
After all, the retail investors were not fools. A price limit today likely meant a high opening tomorrow, which was the general consensus.
By the close of the afternoon, Lu Liang's position exceeded forty million, holding 37,383 lots at an average cost of 10.65 yuan.
A profit of twenty yuan per lot, and after deducting the transaction fees from over thirty-seven thousand lots, the earnings were not even enough to buy a BMW 3 Series.
At half-past five in the afternoon, Teli A powerfully topped the Dragon and Tiger List for the day, showing the top three institutions that bought large amounts.
The first was Zhongxin Fuying.
The second was No. 12 Futian Road.