What do you mean by carrying a sedan chair?

In ancient times, carrying a sedan chair was a hard work that required hard physical strength.

However, today, it has evolved into a kind of mental work with high IQ. At best, it is called creating a win-win situation; At worst, it is to support each other. In securities terminology, sedan chair refers to the situation that investors buy or sell immediately after bullish or bearish information is released, because they expect the target securities to rise or fall after the information is released. The former is long and the latter is short.

Basic explanation:

(1) is a metaphor for running or flattering others' interests. Example: lift the sedan chair:

1, "Now some cadres have been promoted and have more power, but they have relaxed their demands on themselves; With greater power, fewer people directly supervise him, and more people use him to carry the sedan chair. " (Jiang Zemin, "Leading Cadres Must Speak Politics")

2. "Blowing the trumpet to lift the sedan chair: Professor Jin Yong of Peking University praises the attack" (China Reading News 2001125)

(2) Securities terminology.

Lifting the sedan chair refers to the act of buying or selling stocks immediately when the stock price is expected to fluctuate greatly after the bullish or bearish information is released.

Grasping bullish information to buy stocks is called sedan chair Zichang, and grasping bearish information to sell stocks is called short sedan chair.

(3) Political terminology.

Spin: information expression to arouse the expected response, that is, "economical truth". Stock market terminology:

Sedan chair: a person who thinks that the stock price will change greatly after the bullish or bearish news is announced, and then rushes in and out, with limited profits and even often gets stuck.