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... Lu Liang no longer held back. Like countless speculative funds flooding into state-owned enterprise stocks, he aggressively purchased shares at the limit-up price, buying as much as the market offered until there was no more available.

Retail investors, no fools themselves, generally agreed: a limit-up today meant a high open tomorrow.

By the end of the day, Lu Liang's position exceeded 40 million yuan, with a total of 37,383 lots at an average cost of 10.65 yuan per share. With ...

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