Chapter 322 Violent Rebound, Daily Limit of Thousand Shares
Chapter 322 Violent rebound, thousands of stocks rising to daily limit (please vote for me)
Author: Ru Meng Ru Hua
Chapter 322 Violent rebound, thousands of stocks rising to daily limit (please vote for me)
Frequent big moves are a severe deterrent to the forces involved in short selling.
Still selling short at this time is not only doing the right thing with the market, but it is also unknown whether you can save your money.
On July 9, the Shanghai Stock Exchange Index opened at a low of 3432.45 points, and the ChiNext Index opened at 2338.11 points.
Although the index still opened significantly lower, judging from the major heavyweight stocks, the decline has not expanded much, and the opening in early trading remained stable.
Among a series of holdings, only Tellus shares still opened at the lower limit today, with the stock price at 9.88 yuan.
This price has returned to the low of January 20, 2015.
The index opened low, and most individual stocks performed steadily. In addition to the financing, there was obviously an element of intimidation to retail investors.
Today no one should dare to short sell on a large scale anymore.
"It should be stable today. Most stocks have stabilized. If there is a rapid decline, you can increase your position and do T. However, don't do T on a large scale for a few large-cap stocks. You can't sell more than you buy."
Then Gu Junhao said to Wu Peng: "Telus will increase its buying efforts and strive to complete the position building within today."
"Okay, no problem." Wu Peng said with a smile.
After three trading days of opening positions, although limited by trading volume, most of the positions have been purchased.
However, this stock is still trapped, and most of the positions held by Junshi No. 2 remain trapped.
At 9:30, official trading began. The two markets that opened low fluctuated downward, and individual stocks also fell sharply, especially small and medium-sized entrepreneurial stocks.
The performance of heavyweight stocks was stable, with banks, liquor and other sectors surprisingly strong.
As for the securities companies, they have already entered a bear market. There is no need to continue to observe. All rebounds are selling points.
Since Mr. Gu said that he would increase his efforts in building positions today, Wu Peng had nothing to keep.
As soon as the market opened, Wu Peng placed two buy orders of 2,000 lots and stopped testing.
After seeing the continuous buying orders of more than medium orders on the trading market, Wu Peng did not shy away from placing several buying orders of more than 1,000 lots.
At 9:38, with the entry of large orders, Tellus opened the lower limit.
The stock price was pulled up to 9.99 yuan, but then it was hit to the limit price again.
At 9:40, Tellus shares closed down again. The Shanghai Composite Index fell below 3,400 points at this time, falling 3.29% on the day, and the GEM Index fell sharply year-on-year.
"Teli shares feel like they are going to open the lower limit today. The trading volume has increased a lot in the morning. Brother Peng can go a little faster."
Gu Junhao was staring at Tellus shares at this time. Although the price limit was closed again, it was much more active than the previous two days.
"Okay." Since the boss wanted to change his strategy, Wu Peng increased his efforts again.
At 9:45, the Shanghai Composite Index reported the lowest level of the day at 3373.54 points, a drop of nearly 4%, and the market movement began.
Major heavyweight stocks began to rise one after another, and stocks with a relatively high weight on the GEM, such as Dongfang Fortune and Tonghuashun, also rebounded quickly.
"It's almost time. Team X has started working." Gu Junhao said with a smile.
With such a big move last night, more than 1,400 stocks have been suspended from trading in the two cities. At this time, it no longer requires too much energy to pull up.
At this moment, many other stocks that Gu Junhao knew had better market performance were not bought, and the reason was simply that trading was suspended.
There are still some others that have not been listed on the market. Under the large-scale suspension of trading, there are actually not many choices available in the market.
"Control the rhythm and try to focus on buying. It doesn't matter even if you increase your position. Don't sell blindly, especially Xiao Xu." Gu Junhao warned.
One-third of the funds have already been spent. It is not impossible to do T to increase liquidity, but there is no need to ruin the goodwill for a small profit.
"Why should I pay special attention?" Xu Jianqing replied somewhat depressedly.
Wuliangye, which he operates, performed well today. It opened flat in the early trading, and there was an obvious rush to raise funds after the opening.
After the opening of the market, nearly 100 million yuan in funds raised directly pushed the stock price to 22.30 yuan, an increase of 1.73%.
"You, the big hot money guy, like short-term trading the most, who else could you do?" Cao Wenxun joked.
When there were no transactions in the previous few trading days, during a private chat with several people, they learned that Xu Jianqing's previous wish was to become a hot money investor.
"Tingting Wanke bought another 150,000 lots." Gu Junhao ignored him and said to Liu Tingting.
After several days of decline and the shock in early trading today, Vanke's stock price has dropped to 12.82 yuan, an intraday drop of as much as 3.32%.
As far as the current stock price is concerned, Gu Junhao has already bet nearly 10 points, and has lost almost 18 million yuan on 150,000 lots.
"Okay." Liu Tingting replied.
Vanke's trading volume is very large, and it is actually very easy to buy 100 million.
At the opening of the market in the morning, Vanke had 451 million sell orders.
As the China Insurance Regulatory Commission encourages insurance companies to enter the market to rescue the market, leading real estate companies with dispersed ownership structures have been targeted.
Vanke's stock price has fluctuated greatly in recent times, with numerous lower shadows, and the trading volume has also increased significantly.
The emergence of leading real estate companies with insured capital fighting for control is essentially what they deserve.
The company's performance is excellent, its ownership is dispersed, and its stock price has been suppressed for a long time. It's a damn thing that such a big piece of meat is not being targeted.
Even if calculated since the stock market rebounded in July 2104, during this round of surge, Vanke's stock price has not doubled from the lowest point to the highest point, which is obviously contrary to common sense.
Today, when all the major powers reacted in advance, and Wanke still wanted to kill him, he couldn't blame himself for taking advantage of the situation.
At 10 o'clock, Vanke's share price still remained around 13 yuan. After a round of gains, the Shanghai Stock Index's decline narrowed to 1.29%, reporting at 3461.82 points, which was already higher than the opening point.
Among the tradable stocks in the two cities, most stocks began to rebound violently. Tellus opened its daily limit, and the stock price jumped straight to 10.50 yuan, narrowing the decline to 4.37%.
"Don't worry about it. If you don't have enough funds to build a position of 100 million yuan, don't worry about the stock price. Just buy, buy, buy." Looking at Wu Peng looking at him, Gu Junhao quickly responded.
"Okay, I understand." Wu Peng nodded. He didn't expect Mr. Gu to be so determined towards Zuoduo. Did he receive any news?
Not only Wu Peng, but also others are not very optimistic about the stock market.
Although the two cities have taken frequent rescue measures, it seems that the buying opportunities are not very good at present, and the stock market has obviously not stabilized.
I have never heard of a stock market crash ending in less than a month.
After any stock market crash, there is not a consolidation that lasts for several years, but since fund managers want to build positions, they can only abide by it.
It is not surprising that traders, especially those with rich experience in the industry like Wu Peng and Cao Wenxun, have this idea.
They only look at the market from the perspective of the transaction itself, but there are many things that cannot be thought of in terms of the transaction itself.
This market is not a simple market, there are many force majeure forces. Sometimes losing some money may be better than making money. Only by giving up can you gain.
Gu Junhao couldn't help but think of a line from a TV series he had watched in his previous life: "The arena is not about fighting and killing, it is about human relationships."
At 10:01, the Shanghai Composite Index started a violent rebound. In less than 15 minutes, the index rose by more than 3%, and the stock index was at 3597.91 points, up as much as 2.59%.
Heavyweight stocks surged wildly, with Wuliang rising over 9% overnight and Maotai rising over 7%.
Small and medium-sized startup stocks that have not been suspended from trading have begun to rebound violently. Tellus shares have rebounded from the lower limit to an increase of more than 5%, with an amplitude of more than 15%.
Since July 4, the all-round and three-dimensional bailout has finally shown its full power today.
The two cities began a thrilling intraday rebound, and the weights resonated with small and medium-sized stocks.
At 10:18, the Shanghai Composite Index began to adjust after touching the 3,600 integer point. The short forces struck again. At 10:30, the index turned green again and fell to around 3,494 points.
However, this round of short positions has been significantly reduced, and the adjustments of the index and individual stocks have remained stable and remained above the yellow moving average during the day.
In other words, there are no short positions today. This is just a normal adjustment caused by a certain team's daily T-sales.
Don't doubt that a certain team doesn't know how to do T. They do T more crazily than anyone else. In some stocks, they even do T while pressing the sign line.
This was the case for a well-known clothing company in Yongcheng at that time. A certain team was pressing the 5% mark-up line to make a T. Just in time for the stock to be ex-rights, the trader failed to calculate and exceeded the mark-up line.
The company issued an announcement in the evening, and a certain team had to issue an announcement admitting that it was just an operational error.
These were all things Gu Junhao experienced personally back then. This company had a relatively high dividend payout ratio and a relatively stable stock price trend.
At that time, the market was not good, but Gu Junhao still liked it a little, and he was the largest circulating shareholder of Yongcheng Bank.
With the decline of the clothing industry, its transformation into real estate was not very successful. In the following years, it continued to make profits by reducing its holdings in Bank of Yongcheng.
Gu Junhao also likes Yongcheng Bank very much, but now the stock price is too high.
In recent times, the two barrels of oil and the banking sector have been continuously used to maintain the index, resulting in the stock price of Bank of Yongcheng not falling much.
The current stock price of Bank of Yongcheng remains at around 18.50 yuan, which is only down 30% from its high point. It is not a good time to buy now.
This week's large-scale market rescue behavior can be defined as a policy bottom, and there will definitely be a market bottom after the policy bottom.
That is the time when the stock price returns to its value, and buying at the bottom of the market is the most correct judgment.
At midday closing, as the adjustment ended, the Shanghai Composite Index reported at 3549.69 points, up 1.21%. 90% of the tradable stocks in the two cities achieved red, and Wuliangye was approaching the daily limit.
Since the stock market crash on June 15, such a rise has been rare. In the afternoon, the two markets once again staged a violent rally, with Wuliangye, Tonghuashun, etc. taking the lead in closing the daily limit.
In less than 20 minutes of trading, the Shanghai Stock Exchange Index surged by more than 4%, and the index exceeded 3,700 points, followed by the arrival of the daily limit trend.
Amid the collective riots, the main funds in the Shanghai and Shenzhen stock markets seemed to be shutting down the market and trying to defeat the short sellers.
"Damn it, my stock has reached its daily limit, haha, thank you Brother T." Li Ze said happily in the stud group.
It is said that A-share leeks know astronomy, geography, and current news. Yesterday, Gu Junhao's news was widely circulated. As a leek and a big fan of Brother T, it is impossible for Li Ze not to know about it.
If you don’t know what to buy, you will naturally return to Tonghuashun.
Tonghuashun fell more than 7% in early trading, with its stock price falling to as low as 63.03 yuan, and then gradually stabilized.
At 9:38, Li Ze bought another 8,000 shares of Tonghuashun at a price of 63.60 yuan, costing more than 500,000 yuan.
Due to buying a house, a car and going on a blind date, as well as being frightened by the recent stock market crash, Li Ze, whose personal expenses are increasing day by day, no longer plans to invest heavily in stocks.
This 500,000 yuan will be Li Ze's principal in the future. He can make more or less as he goes, and it doesn't matter if he loses.
Anyway, it’s all earned from stocks, and even if you lose everything, it won’t affect your future life.
Li Ze has not yet realized that his investment mentality has slowly begun to take shape after a bull market and stock market crash.
At this time, Children's Huashun has successfully sealed the daily limit, and the stock price is trading at 74.80 yuan.
There were a lot of closed orders on the board, and there were no signs of opening. Li Ze made a profit of nearly 90,000 yuan in one day.
"Brother T is really good. He rose sharply when he entered again. This view of the overall situation is too strong."
"Fortunately, I saw Brother T's news yesterday. I originally planned to cut off the meat and didn't plan to do it again. Today I couldn't help but come in and eat the daily limit. It's so good."
After 14:00, the rising limit trend of the Shanghai and Shenzhen stock markets continued, and stocks continued to close their daily limits. Today, Tellus shares, which opened at the lower limit, made a shocking reversal. At this time, the stock price was reported at 12.08 yuan, going out of the market within one day.
The trend of the ceiling.
The trading volume of Tellus shares has increased significantly, but Wu Peng still has not completed the position opening today. At this time, Wu Peng is part of the large closing orders hanging on the daily limit board.
It is really difficult to buy large amounts of stocks with too little trading volume, especially monster stocks.
This is also the reason why big funds prefer large-cap stocks. There was only a purchase amount of 100 million yuan, which was not completed in four trading days.
Looking at Vanke again, Liu Tingting's buying volume of 150,000 lots today was completed from the time the stock price was 12.80 yuan to 13 yuan, and it took less than half an hour.
Vanke A has now become the largest holding of Junshi No. 2, holding 300,000 shares at a cost price of 13.50 yuan.
As the market violently rose in the afternoon and the daily limit wave set off, Vanke, which had fallen sharply in the early trading, had now reached the daily limit of 14.59 yuan, and all positions held by Junshi Capital were unwound within one day.
At 15 o'clock, the Shanghai and Shenzhen stock markets closed. Under the violent rise of the two markets, the Shanghai Stock Index's amplitude throughout the day once again exceeded 10%, rising 5.76%, and the ChiNext Index rose 3.03%.
The increase in the index is only superficial. Since more than 1,400 stocks have been suspended from trading, only half of the stocks can be traded today.
Under the sharp rise in the index, all tradable stocks on the small and medium-sized board and the GEM board reached their daily limit.
The stocks in the Shanghai Composite Index are also almost at daily limit. Among Gu Junhao's stocks today, except for Maotai Liquor Industry and Vanke A, all stocks are at daily limit.
Vanke rose 9.77%, approaching the daily limit, while Maotai Liquor rose 8.9%.
Maotai Liquor Industry, which rose 8.9%, can only be ranked at the bottom of the entire trading system today.
Today, the two cities have a daily limit of 1,000 shares. Don’t have too many floor stocks like Tellus.
In normal times, the performance of Tellus Holdings would be enough to shock investors, but today's attention is really not that high. The crazy market has concealed the intentions of the main funds.
The reason why there are so many floor boards has a lot to do with the fact that many financing accounts have lost their account operation rights.
Due to the inability to replenish the margin and collateral, some financing accounts were locked by brokers.
When facing the liquidation line, these accounts will be automatically queued up by the system to sell at the lower limit price. As the rescue funds are released without reservation, these real floor-price chips are forced to clear positions above the lower limit price.
.
Some people will be extremely happy because they got a lot of money today, while others will be extremely depressed because they got liquidated today.
Watching the stock market rebound, I was forced to lose my chips at the lowest level.
Without funds to re-purchase, the account is locked and cannot be operated. Some investors even owe money to securities companies and over-the-counter financing institutions due to excessive leverage, and are burdened with debt.
Although the stock market crash caused by a round of deleveraging lasted less than a month, it is unknown how many middle-class families emptied their savings during this process and returned to extreme poverty.
Decades or even generations of accumulation are destroyed in one fell swoop, and the risk of excessive leverage is undoubtedly exposed.
With the vigorous entry of rescue funds, the Shanghai and Shenzhen stock markets completed a major reversal on July 9 with almost all daily limits. A-shares, which had been ravaged by short sellers for nearly a month, finally ushered in the light of hope.
On the evening of the 9th, the China Securities Regulatory Commission made further supplements on listed companies’ stock price protection.
Although the requirements of various local securities regulatory bureaus for listed companies within their jurisdictions are different, they basically include but are not limited to the increase in holdings by major shareholders, the increase in shares by directors, supervisors and senior executives, the company's share repurchase, equity incentives and employee stock ownership plans.
Major categories.
Moreover, a deadline has been set for the submission date of this supplementary plan, which is until July 10.
That is to say, it must be completed tomorrow, the last working day of this week. If you don't complete it, you will be blacklisted.
Affected by this news and yesterday's shocking reversal, sentiment in the Shanghai and Shenzhen stock markets was high this Friday.
After yesterday, there was another retaliatory rebound.
Following yesterday, the spectacle of thousands of shares hitting the daily limit was once again staged.
In less than a month, A-shares experienced a lower limit of 1,000 shares, a suspension of 1,000 shares, and the current daily limit of 1,000 shares.
In the years that followed, such a spectacle was relished by the investors who participated in it when looking back on the past.
After today's close, the Shanghai Stock Exchange Index rose 4.54%, and the stock index closed at 3877.80 points. It rebounded nearly 500 points in two trading days. The GEM Index rose again by 4.11% today, and the stock index closed at 2535.89 points.
Among all the positions held by Junshi Department, just like yesterday, all positions except Maotai Liquor and Vanke are still at daily limit today. Maotai Liquor rose by 2.97%, and the stock price closed at 265.59 yuan.
As for Vanke A, it rose 2.8% today, and the stock price closed at 14.97 yuan. The increase was not even as high as that of Maotai, and the suppression was very obvious.
The one-week bailout, with a certain team taking comprehensive action, made substantial progress in the last two trading days.
Investor sentiment is gradually stabilizing, but it is too early to determine whether it has bottomed out.
As of now, more than half of the stocks in Shanghai and Shenzhen stock exchanges have been suspended from trading. These half of the stocks include countless funds that are already facing pressure to liquidate their positions, but they are temporarily hidden due to the suspension of trading.
And if these companies resume trading intensively after seeing the market stabilize, I am afraid it will have a relatively large impact on the market.
Due to the violent rebound in these two trading days, the daily limit of 1,000 shares was continuously staged.
Some stocks, such as Tellus, which went out of the market yesterday, have seen their profits exceed 30%. Such a huge profit margin will inevitably lead to investors taking profits.
The trading next week and even in the second half of July will be the real time to test the market. When the suspended stocks resume trading, the market will eventually face the ultimate test.
After today's trading ended, due to Gu Junhao's dynamic update on the 8th, industry insiders and ordinary investors were particularly concerned about the net value of the Junshi No. 2 fund.
After the market closes, people are constantly refreshing the private equity ranking list.
I wrote almost 27,000 words in the past two days! Please give me a monthly pass^_^