For investors, a day of extreme panic has passed. In the end, the Shanghai Composite Index opened lower with a gap and fluctuated at a low level. The index closed at 2290.44 points, down 0.51%, ending Monday's trading.
The trend of the ChiNext Index was completely opposite to that of the Composite Index. After hitting the bottom quickly in the morning, it rebounded sharply with an increase of 0.98% during the day, and the index closed at 1492.01 points.
The trend of the GEM index's bald positive line can be regarded as one of the few bright spots today.
However, all this was stolen by the brokerage sector, which fell sharply during the day.
Junshi No. 1 performed very well today. While it successfully took back the chips from Xibu Securities, the other two GEM constituent stocks Dongfang Fortune and Yinzhijie both realized gains.
Dong Zhu Wealth closed at 15.40 yuan, up 3.36% during the day. Yinzhijie unexpectedly achieved a shrinking increase in the afternoon, rising 6.70%, and the stock price returned to above 23 yuan, at 23.26 yuan.
Even Tong Huashun's personal holdings increased by 0.84% today, and the stock price was finally fixed at 21.54 yuan.
Judging from the three strong stocks in the early stage of the GEM, although the trading volume has not increased, in conjunction with the bottoming out of the index, it can be seen that the GEM index has an obvious bottom trend.
Due to the daily decline of 7%, Xibe Securities was listed on the latest Dragon and Tiger list today, and among the lists, the buy-one seat is the institutional exclusive seat of Junshi No. 1.
The top five sellers on the Dragon and Tiger list had a total outflow of 44.5616 million yuan, accounting for 9.89% of the total transaction ratio. Judging from the recent transaction volume, the outflow of funds is not very large.
The most sold one seat, Selling 1, sold only 10.8745 million yuan, but Selling 5 also had an institutional seat, with a selling capital of 6.579 million yuan.
If he hadn't known that he was the one to buy a seat and the amount was appropriate, then when Gu Junhao saw the Xibu Securities Dragon and Tiger List, he would have thought which institution was doing T-listing during the day.
Of the total trading volume of 450 million yuan, the five largest seats lost less than 10%. It can also be seen from this that the vast majority of the funds that were forced out today came from ordinary retail investors.
"Boss, is this the first time we have been ranked No. 1?" Xu Jianqing said with a smile as he stared at the data on the Dragon and Tiger rankings.
"I guess not? I should have gone in a few times to buy seats before. As for whether I bought one, I forgot."
Gu Junhao really can't remember whether he has ever been on the list to buy a seat, but it was something Gu Junhao never expected to be able to buy a seat today with more than 7 million yuan.
There is not much selling volume on the Dragon and Tiger List, and although today's sell-off panic is serious, judging from the trading volume of the Shanghai and Shenzhen stock markets, it is still in a shrinking and falling mode.
The Shanghai stock market has shrunk and fallen, and the GEM index has reversed in a V-shape. As for the market outlook, Gu Junhao is still optimistic that the end of the adjustment is coming soon. Even from a technical perspective, there should be a rebound here.
From a technical point of view, after the index fell below the 2300 mark, the J line of the KDJ index has been completely passivated, and it is seriously oversold. A restorative market may start after the oversold.
What surprised Gu Junhao most today was Yin Zhijie. Yin Zhijie, who originally thought that adjustments would continue, actually used only a trading volume of more than 50 million yuan to bring the stock price back to the day of the sharp drop on October 17.
Near the opening price.
One trading day can close the decline of the previous six trading days. It seems that the third quarter performance report on the weekend still has a certain effect.
——
Unlike Gu Junhao's return with a full load, social media and major stock trading areas after the transaction were filled with comments from retail investors.
The Shanghai Composite Index broke 2,300 points and the GEM rebounded, leaving ordinary investors at a loss.
On the one hand, today was a sharp decline led by the brokerage sector, which made everyone think that the periodic bull market has ended. On the other hand, the GEM has rebounded, and most of the stocks that can turn red today are concentrated in the GEM constituent stocks.
The fear of continuing to fall, and the fear of being cut at the bottom. The intersection of these two emotions makes people have trouble sleeping and eating.
Similarly, in the stud group, everyone is also discussing today's trend.
"Damn, the GEM actually rebounded, and Tonghuashun also pulled up. Could it be that the meat cut was at the lowest point this morning?"
"Probably not. The Shanghai Stock Index is trending today, and it will fall again tomorrow. Just pick it up then."
"What I regret most today is that I didn't take advantage of Li Kuang. I wish I had known that I would rush into Tonghuashun like him."
"Li Kuang didn't say anything after buying it. He probably didn't get off work yet; hey, he made money again."
"Tsk, tsk, tsk, Li Kuang has 26,000 shares, right? If this goes up again, the market value will be incredible."
"I should be able to catch up tomorrow. It looks like the GEM is about to rebound. There are a lot of stocks on the GEM that have risen sharply today. Dongfang Wealth has risen by more than 3 points."
"Hey, I don't dare anymore. Let's wait and see. The main reason is that the Shanghai Stock Exchange is going too badly. This morning, the auction was held to cut off the stock. I have lost a total of 20% this month. It's too miserable."
"I've lost a lot. Let's take a break. I don't dare to do it. It's too difficult to grasp the high market."
"I estimate it will continue to fall. Anyway, wait until the end of the month. By the end of the month, it should be almost time to buy the bottom. The market should stabilize by then."
At 6:30 in the evening, Li Ze, who had been busy underground all day, finally returned to the ground. When he returned to the ground, Li Ze immediately took back his mobile phone and opened Tonghuashun.
"Holy shit, what's going on? Is it popular?" Li Ze looked at Tonghuashun's stock price trend with some disbelief. After repeated confirmations, he finally confirmed that this was the fact.
Moreover, the GEM actually turned red, and only the Shanghai Composite Index was still green. This was a bit unbelievable to Li Ze, who thought he would suffer a big loss today.
The surprise came so suddenly.
After confirming that his account still held 26,000 shares, and that they had not been cut and sold when he was stuck, Li Ze breathed a sigh of relief, and everything was fine.
It seems that sometimes software lags are not all bad.
"Damn it, I just landed ashore. How are you guys doing today? Wasn't it a big drop this morning?"
"Oh, you're here, Li Kuang. Nothing happened, but we still fell sharply."
"If there is any situation, it means that you made money, and you copied it to the end this morning."
"It's another day when Li Kuang makes money and we lose money. Let's give out red envelopes and let the brothers buy some steamed buns."
"Hahaha, let's go, let's go. To be honest, I almost got a cut in the morning. I was so panicked at that time. Unfortunately, the software got stuck and I couldn't get in."
"Damn it, you guys are so lucky. I just placed an order before it got stuck, and I couldn't withdraw it at that time. When I entered again, the transaction was already completed, but later I didn't dare to take it."
"Since I bought Tonghuashun, it seems that Li's mine has also changed; even this kind of thing can happen."
"Yes, once a person's luck comes, it is really unstoppable, but the drop in the morning is really scary."
——
After a night in which some A-share retail investors were happy and some were depressed, the next day's trading came as scheduled.
Today's call auction ended. Both Shanghai and Shenzhen stock markets opened higher, with the Shanghai Composite Index at 2294.01 points and the GEM Index at 1495.69 points.
The trend in early trading swept away the haze of yesterday's decline.
The GEM opened higher and even jumped straight to the top of the 5-day line of the daily line, making it look extremely strong.
Most of the GEM constituent stocks opened higher, while the brokerage sector, which fell sharply yesterday, is even more abnormal today.
The brokerage sectors that gapped downward yesterday all opened higher today. Xibe Securities, which holds a position in Junshi No. 1, was quoted at 13.69 yuan, up 1.03%.
"Is this going to be a short squeeze? Yesterday it fell sharply, and today it can't wait to open higher."
Gu Junhao stared at the big screen and said speechlessly; if he continues to stay in the trading room today, no matter whether he is trading or not, he cannot be indifferent to the stock market that plummeted to the bottom yesterday.
"This group of people is so bad. Yesterday, it reached the lowest position and let people cut their flesh. Today it opened so high that people dare not buy the bottom." Liu Tingting said with a smile.
In fact, the psychology of retail investors is indeed like this. If Xibe Securities continues to open lower today, retail investors who cut off the stock yesterday may choose to take it back if there is a price difference.
However, if the price opens higher than 1% today, retail investors will not dare to take it; if it opens higher and then sells lower again, then today will be a new trap, which is where most people hesitate.
At 9:30, official trading began. The ChiNext Index was still stronger than the Shanghai Composite Index. After opening, it entered a fluctuating upward trend, and the upward gap was retained.
The Shanghai Stock Exchange Index also showed a trend of fluctuating at a high level. The brokerage sector, which performed strongly in the morning, began to fluctuate higher after a slight correction.
Concept sectors such as military industry, Tianjin Free Trade Zone, general aviation, and rail transit performed well on the market.
The banking sector was among the top losers. Yesterday, the brokerage sector was used to scare retail investors. Today it is the turn of the banking sector; I wonder if it will be insurance tomorrow.
Xibe Securities, which opened higher in the morning, began to fluctuate higher after experiencing a slight downward adjustment for half an hour in early trading, and the adjustment of the brokerage sector was also completed.
At 10:30, Xibu Securities reported 13.74 yuan, up 1.40%. The overall increase in the brokerage sector was close to 1%.
As the index and individual stocks rose step by step, the brokerage sector stabilized, and Xibu Securities slowly rose along the moving average.
Gu Junhao said to Liu Tingting: "Slowly move up. It seems that it has stabilized today. Generally speaking, there should be nothing wrong."
At midday closing, Xibu Securities closed at 13.88 yuan, up 2.44%. The GEM index fluctuated higher after gapping higher in the morning, followed by a strong breakthrough of 1,500 points.
As of midday closing, the GEM Index closed at 1514.47 points, up 1.51%.
A series of Junshi No. 1 holdings have experienced varying degrees of increase.
Among them, Tonghuashun, which is held in Gu Junhao's personal account, performed the most prominently. Tonghuashun quickly pulled up in the morning, rising 8.59% to 23.39 yuan at 9:50.
At the midday close, Tong Huashun still had a 6.73% increase, and the stock price was quoted at 22.99 yuan. A big positive line crossed the 5-day line and the 10-day line, and was only 0.04 yuan away from the 60-day line.