Chapter 142: Violent Market Clean-Up, the True Nature of the Leader!
"There is a main force of funds that has begun to compete for the buying power on the market." Sensing the changes in the market, Li Meng hurriedly said, "Just at this moment, 1,200 market price main sell orders poured out, breaking through The prices in the ten brackets below instantly expanded the decline of Shanghai-Hong Kong Group.”
Su Yu nodded with a smile and replied: "Just as you were speaking, the situation you mentioned also appeared on the board of Waigaoqiao. It seems... the opponent we are preparing to snipe has lost confidence. , the position adjustment has begun.”
"very good……"
"Continue to suppress the market, use the chips in our hands, and compete with him for the insufficient on-site buying orders!"
"After the preliminary market observation and the historical K-line volume analysis of these two checks, as well as the published semi-annual report data, we should be the only two major institutions in the market at this moment, as well as 'Jingda Investment'."
"Since their confidence has collapsed, if we continue to suppress them, they will definitely follow."
"This can help us push the stock price deeper, and it can also help us reduce the cost of buying back the chips in the end and expand our future profits."
"Okay!" Li Meng responded.
Then continue to place intermittent selling orders, against the other party's selling orders, and continue to drive down the stock price.
While Su Yu was driving Waigaoqiao's stock price down, he used the vacant funds in his account to continue to buy Jincheng Fenjiu's stocks, causing a continuous attack on funds, raising the stock price of Jincheng Fenjiu, and attracting the other party to reduce their holdings in Waigaoqiao. Bridge and Shanghai-Hong Kong Group also put more attention on the sharp rebound of the liquor sector, luring the other party to further increase their positions in this sector, betting on the 'difficulty reversal' of the liquor sector.
after all……
Judging from the signs on the market, although the other party is reducing its holdings of Waigaoqiao and Shanghai-Hong Kong Group.
But there are no signs of large-scale follow-up of Jincheng Fenjiu.
This requires him to continue to pull up, causing signs of a "difficulty reversal" in the sector, luring the other party into this trap.
Fortunately, as he continues to attack Jincheng Fenjiu, and because the performance of several core liquor stocks that released their semi-annual reports last night is indeed good, funds from all walks of the market are also following the trend of this sector. At a glance, there is indeed a bottom-up volume. A lively scene of trend reversal.
But Su Yu knew clearly that this was an illusion.
Because he knew that with a high-level high-level meeting in August, the long-awaited actions of 'anti-corruption' and 'curbing public consumption' would become more in-depth and severe, and the liquor sector seemed to be undervalued and extremely cost-effective. The investment logic of Qianzhou Moutai will once again encounter a collapse of expectations, and Qianzhou Moutai, the soul stock of the liquor sector, will also usher in a rare limit-down trend in its listing history amidst this collapse of expectations, killing people. Carrying many well-known institutions among them.
Qianzhou Moutai's August limit drop is a rare clear memory for him.
After all, on the day when Qianzhou Moutai hit its daily limit, the country released the economic strategic plan for the "Shanghai Free Trade Zone", and local stocks in the Shanghai Stock Exchange all hit their daily limit.
The feeling of separation between ice and fire between the two cities was something he could not forget for many years.
After pondering for a while, Su Yu saw that after Jincheng Fenjiu's stock price exceeded the 6% increase, liquidity began to increase significantly, so he stopped buying to maintain the market, and turned his attention to yesterday's daily limit, but the semi-annual report results in the evening But it is extremely bad. The trend in early trading today is extremely high, and the stock price trend of Shanghai Steel Union is quite divergent.
At this moment, the transaction volume of Shanghai Steel Union has exceeded 120 million, and the turnover rate has reached 10%. After its stock price reached a maximum increase of 5.8% at 9:53, it began to dive sharply. At this time, it was hovering around 21.30 yuan, with a decline between 2% and 2.5%, constantly fluctuating.
"Wow... the GEM index has reached 1130 points."
While Su Yu was watching the market, at 11:07, Li Meng suddenly said excitedly: "It has passed the high point of the previous rebound again. Compared with the trend of the Shanghai Stock Exchange Index, it is really strong, and funds from all walks of life are flowing into the core components of the GEM. The speed of stocks is still accelerating. The market trends of Wangsu Technology, Fenda Technology, Huaqingbao, and Changqu Technology are simply ridiculously strong. As long as there is a slight correction on the time-sharing line, there will be Strong rush to raise funds.”
“The GEM Index has reached this point, and the trend is already very obvious.” Su Yu responded, “Moreover, the semi-annual reports have entered a period of centralized release. The performance of companies such as Wangsu Technology, Fenda Technology, Huaqingbao, and Changqu Technology is clear, and the future The core hot stocks that are expected to be strengthened by the market will naturally be attracted by many institutions that previously lacked the GEM layout. Now in this situation... it is completely impossible for these stocks to fall back to the bottom platform in June. ”
"In other words, the GEM is the general direction of the main line of the future market. It has been strengthened!" Li Meng said with a smile, "You are still wise. If we miss the window period of opening a position in June, if we want to enter the market now, we may have to We have to keep chasing higher, and at the same time we face a passive situation where the stock price may fall sharply at any time and dampen the net value of the fund.”
It is not easy for big funds to enter.
When faced with bull stocks such as Wangsu Technology, Fenda Technology, Huaqingbao, and Changqu Technology, which have been speculated for one, two, or even three rounds, the stock prices are high and are still rising. If you want to intervene on a large scale, the risks are not as high as usual.
For institutional investors and private equity funds.
Even if fund managers know that these stocks have good future prospects and there is still a lot of room for continued growth, they are still very passive if they want to intervene on a large scale.
After all, at such a high level, a 30% to 50% correction in stock prices is just like playing.
And often many funds and institutions, and even many retail investors, cannot withstand such a correction pressure.
This is why many investors have bought big bull stocks, but they are also unable to transfer money and hold on to them, because after missing the time window for building positions at the bottom, facing the high stock prices, there is simply not enough profit cushion to withstand the occasional large pullbacks.
"I am embarrassed by your compliment." Su Yu smiled and said, "I am just lucky."
Li Meng smiled and said, "You have been so lucky in the past few months. I think back to it. Since you left Huaxin Securities Sales Department, your experience is just like your life has suddenly opened up."
Su Yu heard this and thought to himself, "That is indeed opening up!"
But he would never say this out loud. He smiled and responded, "That is not opening up. That is called accumulating strength and then releasing it. And the goddess of luck just happened to be on my side."
As the two were talking, the lunch break came.
The Shanghai Composite Index closed at 2051.23 points, up 0.95%; the ChiNext Index closed at 1131.22 points, up 2.73%, still far exceeding the Shanghai Composite Index.
In terms of individual stocks, Fenda Technology and Netspeed Technology rose by nearly 7%, and their share prices hit a record high since listing.
The increase of Huaqingbao and Changqu Technology hovered around 5%, twice the increase of the ChiNext Index, and the stock prices also hit a record high since listing.
Only the core stocks in the "Internet Finance" sector with poor performance underperformed the ChiNext Index.
Among them, Tianyu Information ranked first in the "Internet Finance" sector today because of the 50% performance growth rate disclosed in the semi-annual report, and once again took back the leading position of the sector concept from Shanghai Steel Union. Shanghai Steel Union, which still has the highest market attention, has been oscillating underwater after the early morning rush and dive, with a sharp amplitude and relatively weak trend, and the carrying capacity is slightly insufficient.
After dinner, after a short rest.
At 1 pm, the two markets reopened.
Under the continuous attack of funds, Fenda Technology, Netspeed Technology, Huaqingbao, Changqu Technology, Tianyu Information and other stocks with excellent performance and excellent future expectations continued to rise, and the ChiNext Index rose by 3%, and the point continued to hit a new rebound high.
The main board, on the other hand, is like a broken car without oil.
Under the condition of continuous sluggish trading, it was passively carried by the GEM. The gap in the increase did not decrease, but continued to expand as the GEM continued to rise, which made countless core institutions in the entire market who have always adhered to the value investment of the main board curse and find it difficult to understand.
Even at this time...
Seeing that the stocks with a little value and worth investing in the GEM index are already at an extremely high valuation level.
It also made many institutions that couldn't hold back and wanted to move their positions into the GEM hesitate for a while and sighed again and again.
Of course, there are also bright spots in the sluggish main board market. At least today's liquor sector, with generally good performance, has driven the entire "big consumption" concept and dragged the index upward.
As for the much-watched Shanghai Steel Union…
After 2 p.m., it seemed that there was indeed a problem with the funds on the market taking over the check, and the sentiment did decline. And everyone's eyes, as if suddenly, all focused on the so-called performance stocks. For the "story concept" stocks, expectations were lowered, and they began to cut their positions and exit.
And with further selling of funds on the market.
Shanghai Steel Union also ushered in a further decline, with the decline widening to about 5%, becoming the only green in the red screen among the hot constituent stocks of the Growth Enterprise Market.
Seeing that the stock price of Shanghai Steel Union continued to decline, the popularity was dissipating.
Su Yu thought about the main line hype leading task carried by this stock, as well as the countless retail bulls gathered on this check. He knew that if the popularity was allowed to gradually dissipate, it would take a lot of effort to pull it up later. He could not help but use the idle funds in his fund account to buy Shanghai Steel Union again.
1000 lots, 2000 lots, 3000 lots...
When the time reached 2:45, it entered the last fifteen minutes of the closing.
Su Yu bought in large orders without hesitation, eating up the chips deposited on the selling position of Shanghai Steel Union, and continued to attack upward, pulling up its stock price in a straight line.
At 2:47, the decline of Shanghai Steel Union's stock price shrank to around 4%.
At 2:49, the decline of Shanghai Steel Union's stock price shrank to around 2%.
At 2:51, the decline of Shanghai Steel Union's stock price shrank to a flat plate, and turned red instantly without any muddy water.
At 2:52, the stock price of Shanghai Steel Union continued to rise from the red position to a 2-point increase, exceeding the price at the opening, and the intraday K-line changed from green to red, showing a long cross.
At 2:53, the short-term funds in the entire market saw the Shanghai Steel Union stock price reversed and saw that the ChiNext Index was clearly going to close with a bald positive line, so they swarmed in and rushed to follow up.
At 2:55, with various short-term funds rushing to follow up, under extremely high attention, the overall buying and selling sentiment of Shanghai Steel Union reversed, the market volume shrank, and the upward range of the stock price continued to accelerate.
At this time, Su Yu saw that the sentiment in the market had been completely aroused by this check.
He no longer dominated the market.
Finally, at the closing time of 3 o'clock, the increase of Shanghai Steel Union continued to expand to 6.21%, and the stock price was fixed at 23.08 yuan, closing at the highest point of the day, twice the increase of the ChiNext Index. Amid the exclamations, sighs, regrets, and shocks of countless investors who paid attention to this check, it reappeared the leading nature of the two markets.