Time has entered February, the beginning of spring is approaching, but the chill has not faded away, the weather is still cold, and the trading in the stock market is still the same.
After last Friday's sharp drop, the market over the weekend experienced multiple negative effects, and the market was under a cloud.
Whether it is individual stocks or indexes, it is the inertia of A-shares to be negative every time they fall sharply. Some funds will always be forewarned, which is inevitable.
The ZZ turmoil among the top executives of Minsheng Bank and the collective reduction of holdings by the original major shareholders; Mexico suspended its high-speed rail project indefinitely, and the number of IPOs in the last batch of IPOs at the end of the year was as high as 24, far exceeding market expectations.
Among the many negative news, the biggest negative news is that the failure of interest rate cut and reserve requirement ratio cut has dealt a huge blow to the market.
On Monday, the 2nd, the Shanghai Index jumped down to 3148.14 points, down 1.98%, and the 3200-point support of the traders instantly fell below.
Monetary policy has always been a major factor driving this round of rises. The failure of interest rate cut expectations has had a huge impact on market sentiment. After trading throughout the day, the Shanghai Stock Exchange Index has always maintained a low and volatile pattern.
The weight is sluggish, and the style has once again switched to the GEM side. Dongfang Fortune, Tong Huashun and Yin Zhijie, which have continuously adjusted to near the weekly support position, all rebounded today.
Theme stocks once again carried the banner of the index forward. A total of more than 2,000 stocks in the Shanghai and Shenzhen stock exchanges rose and 268 stocks fell. Except for ST stocks, more than 60 stocks reached the daily limit. The stocks that dropped the lower limit were only among some stocks with Chinese prefixes.
More than ten branches.
For two consecutive weeks, there has been a sharp downward gap on Monday, with the most obvious difference in the performance of the three major financial sectors.
There was a sharp gap last week, with the three major financial sectors all falling below their limits. Among them, the performance of the leading securities firms in this round was particularly eye-catching.
However, despite today's sharp gap, the performance of the brokerage sector was much better than last week, and the sector as a whole showed a false positive trend.
Xibu Securities and Huanghe Securities both achieved a substantial upward trend after reaching the bottom support level.
The shrinkage of trading volume and the trend of the cross false positive line near the support level, from various aspects, the brokerage sector has a short-term bottom trend.
The same is true for Dongfang Fortune, which has recently followed the brokerage sector.
Dongfang Fortune also opened at a low price of 38.08 yuan today. The stock price only maintained a green market shock trend within three minutes of the opening. Under the support of the daily 20-day support level and the weekly 5-day support level, it quickly turned red.
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Within 15 minutes of the early trading shock, the trading volume of Dongfang Fortune was stable. After entering 9:50, Dongfang Fortune began to gradually become stronger, and the stock price also rose rapidly.
In just two minutes, Dongfang Fortune quickly increased by more than 3%, quickly breaking through the price of 39 yuan.
At 10 o'clock, as the trading volume gradually increased, Dongfang Fortune also successfully broke through the price of 40 yuan, and the stock price reported at 40.66 yuan, an increase of 5.58% and successfully regained the daily and fifth-day price.
At 10:10, Dongfang Fortune once hit the daily limit.
Dongfang Fortune, which has been repeatedly shorted by many institutions recently, has rebounded significantly despite a week of continuous adjustments, confirming the resilience of its stock price.
After a day of trading, Dongfang Fortune's final stock price fluctuated close to 12%, rising 6.34%.
Oriental Fortune is the best-performing among the three GEM constituent stocks it holds, while the other two also performed relatively well, both rising to varying degrees.
On the first trading day after the New Year, the GEM bottomed out near 1,400 points, leaving a T-shaped K-line trend on the K-line, and the trend entered the first trading day in February.
It is also similar to January.
Today, the lowest position of the GEM Index was fixed at 1660.05 points, which was stronger than the first trading day in January.
After opening low and bottoming out throughout the day, it quickly rose and finally achieved a 0.97% increase. The stock index closed at 1696.83 points, which is only one step away from 1700 points.
The market for small and medium-sized enterprises is still the same. Although the Shanghai Stock Exchange Index is still undergoing continuous adjustments, more than 2,000 stocks in the two cities have received dividends today, and the profit-making effect of the two cities has been good.
The profit-making effect has increased, the adjustment of the brokerage sector is coming to an end, and the adjustment of the Shanghai and Shenzhen stock markets is coming to an end.
Today's sharp retracement of the index was mainly caused by stocks with the prefix "China". Directly affected by the negative news over the weekend, even China North and Southern Railway, which has always been a strong performer, both fell by the limit today, and a series of stocks with the prefix "China" fell across the board.
In the last few trading days of last week, two Junshi funds had already filled up their positions. The one with the most serious losses today was Chu Zhongguo Communications Construction.
Zhongguo Communications Construction plunged 8.96% during the day, with a loss of more than 20 million yuan in one day. Even with the sharp increase in Dongfang's wealth and Wu Peng's T-acting, these losses could not be recovered.
The stock market is like a train, and each investor needs to reach a different stop. If someone gets off, someone will naturally get on. The adjustment of brokerage firms has ended, and the adjustment of Chinese-headed stocks will begin this week. All of this is unpredictable.
Fortunately, Gu Junhao knew the specific terminal station and was able to make adjustments at ease. He only had to follow the train and get off near the terminal station.
The gradual stabilization of the three major financial sectors was fully reflected in the following trading days. The Shanghai Stock Exchange Index continued to maintain its volatile trend of highs and lows in January, and the financial sectors played a role in maintaining stability.
In the following trading days this week, small and medium-sized enterprises still performed very well in this process. On Thursday, the intraday index even tried to hit the 1800 point.
The stock index has reached this point, and on the first trading day of this month, the lowest point of this round has undoubtedly been revealed.
On February 6, both Shanghai and Shenzhen stock markets closed negative, and Dongfang Fortune also ended a week of rising prices. Dongfang Fortune's stock price rebounded again to a new record high, reporting at 47.47 yuan, continuing to lead the GEM.
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The sharp decline in the Shanghai Composite Index since its rebound on Thursday and the re-adjustment by brokerages have also affected Dongfang Wealth.
Entering Friday, Dongfang Fortune finally ended its upward trend, falling 5.56% during the day, and the stock price closed at 41.25 yuan.
Although it fell sharply during the day, compared to Gu Junhao's average purchase price of around 39 yuan, there was still a certain amount of profit, and Gu Junhao was very satisfied with its performance.
And in the evening, an announcement from Dongfang Wealth completely made the funds that were washed out today unable to sit still.
Dongfang Fortune announced in the evening: "It is planned to disclose major matters. According to the relevant provisions of the GEM stock listing rules, upon the company's application, the company's shares will be suspended from the opening of the market on February 9, 2015, pending the company's announcement through the designated media.
Trading will resume after relevant announcements, so investors are advised to pay close attention."
The moment he saw the trading suspension announcement, Gu Junhao smiled.
This sudden suspension of trading, with no specific reason for the suspension disclosed, can be said to be a bit of a shock to both the funds that escaped and those that entered the market today.
However, Gu Junhao knew the reason for his trading suspension, and I believe most big funds also knew the same.
This is why Gu Junhao has strictly asked Xu Jianqing and Wang Ruoyu not to touch Dongfang's wealth this week, even if they do T during the day.
If you don't know the specific day on which the trading will be suspended and there is an expectation of a trading suspension, the best way is to hold the shares without moving, so as not to sell out. You must know that the current trading suspension rules are still quite confusing.
Many companies that are trading well in the morning may be suspended in the afternoon, but the suspension of thousands of shares after the stock market crash is even more arbitrary, as is the case in irregular markets.
"Haha, I guess it's the acquisition of Tongxin Securities. The benefits of this are no less than the merger of China North and South Railway Vehicles. Combined with the characteristics of its GEM constituent stocks, speculation is inevitable."
Dongfang Fortune's trading suspension is not only beneficial to itself, but also brings benefits to Tonghuashun. Its suspension is equivalent to handing over the leadership of the Internet financial sector to Tonghuashun.
This can be seen from the daily limit of Tonghuashun on Tuesday. Affected by the rebound, Tonghuashun opened higher and moved higher on Tuesday, and the stock price finally reached the daily limit, although the subsequent transactions did not achieve the same sharp rebound as the previous surge.
But after a week, Tonghuashun ended up with a surge of 10.12%, and the stock price returned to above 60 yuan, at 60.38 yuan.
As the Chinese New Year approaches, some funds do not want to secure their cash flow in suspended stocks, but choose other leading stocks in the same sector for speculation. This is also normal.
The suspension undoubtedly allowed some funds to attack Tonghuashun more predictably.
During the last round of rise, Tonghuashun's highest price was 70.94 yuan, which is less than two daily limits away from the current price. I believe it will be able to break through soon.
The suspension of Dongfang Fortune's trading will have an impact not only on Tonghuashun and the Internet financial sector. As the largest market capitalization stock on the GEM, it consumes a lot of funds every day, which has a great impact on the rise and adjustment of the GEM.
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While locking up some of the funds for smashing the market, it also releases more long-selling power. A large part of this part of the funds will definitely remain in small and medium-sized enterprises, which also relieves the pressure on the rise of the ChiNext Index.
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Subsequent transactions also proved Gu Junhao's prediction. The GEM Index and Tonghuashun only experienced minor adjustments on the first day of trading on February 9, and then started to increase.
February 10, Tuesday; just like last Tuesday, Tonghuashun performed strongly. The stock price rose rapidly after hitting a slight bottom in the morning, and has since maintained a fluctuation near the daily yellow moving average.
By 13:40 p.m., Tonghuashun began to slowly increase its volume, and the stock price also entered a second rise stage. At two o'clock, Tonghuashun's stock price rose by more than 5%.
Driven by heavy volume, the stock price pushed upward step by step. At 14:19, a trading volume of nearly 50 million yuan pushed Tonghuashun's stock price to 64.87 yuan, hitting the daily limit.
Two minutes later, Tong Huashun's daily limit exceeded 1 billion yuan, and the stock price closed the daily limit again. On the first two Tuesdays of February, Tong Huashun both reached the daily limit, which was a very strange performance.
The influence of Dongfang Fortune's trading suspension gradually emerged in the following trading days. Tong Huashun jumped sharply and opened 4.52% higher on Wednesday. The stock price closed at the daily limit again in just 15 minutes after the opening of trading. Since then, it has not opened again throughout the day.
The price limit of 71.36 yuan also broke through the previous high smoothly without any pressure.
On Thursday, Tong Huashun closed another T-shaped board, and its stock price achieved three consecutive boards, completely ignoring the fluctuations of the broader market and the GEM index.
Judging from the after-hours dragon and tiger list, institutions were deeply involved in these three daily limit boards and were extremely active. On Friday, Tonghuashun once again closed with a 4.46% surge.
Tonghuashun, which surged 35.81% in one week, has reached a stock price of 82 yuan. Since 2015, Tonghuashun's stock price has risen from around 45 yuan to 82 yuan today, and it is still the best-performing stock on the GEM.
The price of 82 yuan has brought the market value of Gu Junhao's positions to 131.2 million yuan.
A stock can realize the freedom of wealth, and the charm of finance is undoubtedly revealed.
After the end of trading this week, excluding the two weekend days, there are only two trading days left before New Year's Eve in 2014.
The stock market rebound is in full swing, as if spring is coming.
This weekend, Dongfang Fortune unexpectedly released its 2014 annual report before the year and during the suspension period.
In terms of overall revenue, Dongfang Fortune's operating income in 2014 reached 612 million yuan, an increase of 146.31% over the previous year.
The net profit attributable to listed companies reached 165 million yuan, a significant increase of 3213.59% from the previous year, and the cash flow reached more than 236 million yuan. A series of data brightened the market.
Among the top ten circulating shareholders announced in the same period, in addition to the actual controller of Dongfang Fortune, major funds occupy six seats. Among them, the two major social security funds, after being separated from the actual controllers, hold a total of more than 3% of the total share capital.
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Since the annual report is released in advance and the trading is suspended, it is impossible for the top ten tradable shareholders of Dongfang Fortune to completely withdraw based on recent trading volume.
Once the top ten tradable shareholders were announced, major analysts and the media self-defeated Dongfang Fortune's negative remarks.
Amidst the scolding, these bearish media and analysts are trying to justify themselves.
"Refer 10 to 2 and get 2 for free, 0.6 yuan for every 10 shares, which is not bad, so there are 140,000 lots."
Gu Junhao said to himself that although Dongfang Wealth, a holding of two Junshi funds, was not among the top ten shareholders, the number of positions it held was not small.
After the share transfer, the stock price of Dongfang Fortune will definitely fall again. After the increase, the additional 40,000 positions will be able to get more benefits, and for every 10 shares of 0.6 yuan, the cash dividend is also a worthwhile sum.
small amount.
After receiving part of the cash flow, the share capital increased, and the stock price was expected to rise; Gu Junhao was very satisfied with his operation by going against the market and adding positions despite the bearish remarks of the traders.
After the financial sector stabilized last week, the Shanghai Composite Index also entered a rebound stage this week. It had five consecutive positive trends in a week. The stock index rebounded from the lowest point of 3049.11 to 3203.83 points, rising 4.16% in a week.
Summing up the trend of the Shanghai Stock Index in the past two weeks, it has been greatly affected by policy. Last week, the index fell sharply due to the failure of expectations of interest rate cuts and RRR cuts, and this week's trend of the Five Yang Lines was also stimulated by policy.
The central bank recently stated that it would continue to maintain its easing policy unchanged, and released a small amount of water to rescue the market on Thursday, the 12th, which led to the index smoothly breaking through 3,200 points.
As soon as the policy is tightened, the stock index performs very ugly, but once it is relaxed, it can rise quickly, and the policy market performance is now very obvious above the broader market.
Entering 2015, whether it was the regulatory department's investigation of leveraged funds or the changes in the central bank's monetary policy, these impacts on the stock market made Gu Junhao, who was going through this market again, become more serious about mad bulls and stock market crashes.