Chapter 183: Zhenlong Suspended Trading, Market Fluctuations!

30 lots, 60 lots, 100 lots...

Relying on the inactive trading market, Su Yu completed the expected position building plan near the closing of the afternoon. A total of 300 lots of positions were established in the CSI 300 Index Futures, with an average position of 2315.36, a margin cost of nearly 16 million, and a remaining risk margin of more than 17 million.

Under the 12% margin trading system set by the exchange, this position.

It is already considered a heavy position.

Of course, this is also fortunate that the current market has not experienced the bull-bear transition in 2015, when institutions, hot money, and big investors opened large-scale stock index futures short positions to hedge, and then deliberately sold the market, thereby taking advantage of the stock index futures arbitrage event. Otherwise, the exchange will limit the maximum position of 100 lots for individual accounts of stock index futures in the future. He wants to establish such a large position, and there is no way.

After he completed the position building, he came to his senses and the two markets had stopped trading.

Thanks to the crazy pursuit of various funds on local stocks in the Shanghai Stock Exchange, the Shanghai Stock Exchange, Shenzhen Stock Exchange Index and ChiNext Index all closed in the green, among which the Shanghai Stock Exchange Index rose by 1.21%, the Shenzhen Stock Exchange Index rose by 0.95%, and the ChiNext Index rose by 0.63%, which can be regarded as a relatively general rise. The investment sentiment in the two cities has obviously warmed up.

Among them...

In terms of industry sectors, real estate took the lead in the market, and the entire sector rose by more than 2%; logistics trade and port shipping ranked after real estate, and also significantly outperformed the market index, showing an extremely strong state; while "big finance" rushed back again, showing a clear differentiation situation.

In addition to the strong sectors where funds converge, there are many high-level hot concept sectors with ChiNext constituent stocks as the core.

Today, the sentiment of selling has been eliminated to some extent, but the rebound trend is still relatively weak, and the strength of large funds returning is not strong.

In terms of individual stocks, emerging hot stocks, such as Shanghai Material Trade, Waigaoqiao, Shanghai-Hong Kong Group, and Pudong Jinqiao, have been greatly cared for by active market funds. Five of them have reached the daily limit, and three of them finally closed at the daily limit.

Among them, Shanghai Material Trade and Waigaoqiao.

The strength of the funds to close the limit and the funds to grab the funds are very strong, with more than 300,000 orders.

As for the core concept leading stocks of the GEM that have been abandoned by funds, except for Shanghai Steel Union, which has been touched by the hot spot of "Shanghai local core stocks", there was a trend of a sharp pull-up and reverse package during the trading session, and there was obvious big funds to buy the bottom and hype the "dragon turning back", other stocks... Basically, whether it is the trading volume, attention, or market sentiment, they are continuing to fade rapidly.

And seeing such a closing result...

In the entire market, the vast majority of investors, whether institutions, hot money, or retail investors, have already known that the market style has changed, and that the previously hot core concept sector of the GEM has become the market area with the greatest loss effect and the highest investment risk.

Of course, compared with the continuous strength, the funds are rushing to buy the "Shanghai local core stocks".

In this market, some relatively slow investors have also realized that there may be some big benefits here, or some macro-policy benefits.

"Shanghai Material Trade is really strong, it has been on the board for two consecutive days, and the funds are quite decisive in closing the board!"

The vast majority of investors in the entire market are still speculating about the continuous strength of the "Shanghai local core stocks". In the hazy time, some people sighed.

"Not only Shanghai Material Trade, Waigaoqiao was also very strong today. It closed the board the earliest, closed the most orders, and also led the entire real estate sector to strengthen. It should be regarded as the leader of Shanghai Material Trade, right?"

"Not really? Waigaoqiao pulled the board in a straight line today, too quickly and too suddenly, and there was not much turnover at all. Sustainability... we have to observe it, and Waigaoqiao's plate is much larger than Shanghai Material Trade. Even if there is any major positive news in the field of 'Shanghai Local', the space is definitely not as good as Shanghai Material Trade."

"According to the trend of Shanghai Material Trade today, this check should have a Dragon and Tiger List today, right?"

"Of course, we should be able to see the flow of funds this time."

"It seems that Shanghai Material Trade has the meaning of taking over the leading position of Shanghai Steel Union, but I don't know what the specific hype logic of this stock is?"

"Not to mention, it really has the meaning of taking over the leading position of Shanghai Steel Union."

"Does this year's bull stocks and monster stocks all come from Shanghai stocks?"

"Shanghai One The stocks of the series have indeed performed much better than the overall market index. In the past two or three trading days, active funds in the market have been attacking in this direction. Usually, the reaction of the market is ahead of the news. It seems that... there is indeed some good news to be released. "

"I think so too. Even the big guys like Shanghai-Hong Kong Group and Pudong Development Bank, which are worth tens of billions or hundreds of billions, have risen continuously. It must be extraordinary."

"Whether there is good news or not, follow the market capital trend!"

"Anyway, we can't stay on those high-level core hot concept stocks in the early GEM. Today, Shanghai Steel Union was so strong in the morning that it seemed to be going to reverse, but it fell back in the afternoon. This shows that... the hype in the previous direction has indeed ended."

"Indeed, countless experiences have shown that "outdated leaders" are worse than dogs!"

While everyone was discussing, at 5:30 pm, the new Dragon and Tiger list was announced. As expected, Shanghai Material Trade was on the Dragon and Tiger list, but Waigaoqiao was not on the list.

Of course, as the leader in the early stage, the Shanghai Steel Federation, which has always been relatively violent, is still on the list.

After the disclosure of the Dragon and Tiger List...

As you can see, the main buying seats in the Shanghai Stock Exchange are dominated by Mingzhou Jiefang South Road and Zheshang Securities Shaoxing Branch; the selling seats are all small hot money and large investors, and there are no thousands of them. Capital seats with levels above 10,000 were sold, and the overall capital showed a substantial net inflow. However, there was no large amount of hot money in the trading seats of Shanghai Steel Union today, and funds still showed a substantial outflow.

"Jiefang South Road? After the chief helmsman left the Shanghai Steel Union, he made a large purchase of Shanghai Materials Trading? Oh my God... this check must have some major benefits!"

"It's not just Jiefang South Road, Zheshang Securities Shaoxing Branch is also here!"

"I remember that the seat of Shaoxing Branch of Zheshang Securities also appeared on the Shanghai Steel Union at that time, and it was linked to Fortune Road, right? Will this be a new seat on Fortune Road?"

"I don't think so. It should be other big hot money from Zhejiang Province!"

"Whether it's Fortune Road or not, the two seats have bought nearly 90 million funds. It's really a big and crazy rush to raise money. This check from Shanghai Stock Exchange... will definitely have a bright future."

"Indeed, this Dragon and Tiger List is unexpected."

"The key is that I didn't expect that the chief executive would follow up so quickly. It seems...Shanghai Materials Trading has a high probability of taking over the popularity of Shanghai Steel Union and becoming the leading stock that switches between high and low funds in the market."

"It's a pity that there is no dragon and tiger list in Waigaoqiao today. I feel that the funds to attack Waigaoqiao are quite powerful!"

"Don't be afraid. If Waigaoqiao's relay is successful tomorrow and the price continues to rise, the funds that dominate Waigaoqiao today will definitely reveal their true colors."

"The data on the Dragon and Tiger List released today should be enough to show that the hot spots in the market have completely shifted from many high-level and popular concept sectors on the GEM to the 'Shanghai local core stocks' headed by Shanghai Stock Exchange and Waigaoqiao. Bar?"

"The hot spot has shifted, but the reason why this hot sector continues to rise is still hazy at the moment. No one can explain it clearly. It always gives people a feeling of being unsteady, and they don't know how sustainable it is. After all, if there is no very strong hype logic support, relying on financial relay alone, 3 boards should be the ultimate height.”

"Yes, when Shanghai Steel Union surged, I could see the logic clearly, but I really can't understand why Shanghai Materials Trading and Waigaoqiao are rising now?"

“I don’t understand it either, but with such fierce competition for large funds, there must be a very solid underlying logic of speculation.”

"The stock price rises before the good news. This is normal in A-shares. I think it is not surprising. We have no information advantage, so we can only follow the main funds. In these few trading days, the main funds in the market are active. In the current hot spot of "Shanghai Stock Exchange Local Core Stocks", I have already been involved quite deeply, and I think I can follow it."

"As for the goal..."

"If this hotspot can continue, the leader should be between Shanghai Trade and Waigaoqiao."

"After all, judging from today's situation, the intensity of the financial attack on these two checks is that big funds are the strongest in raising funds, and the volume of sealing is also the largest."

"I agree. If I didn't follow you today, I will follow you tomorrow..."

While everyone was continuing to discuss the data on the Dragon and Tiger List, at 6 p.m., Waigaoqiao suddenly issued an announcement, announcing a private placement plan, which planned to issue a private placement of 1 to specific institutional investors based on the market’s average trading price on the 20th. 100 million shares, raising no more than 1.5 billion yuan, will be used for the company's main business direction, and will be limited to the construction of five new local platforms in Shanghai to promote the company's internal growth and enhance industry competitiveness.

"This eating appearance... is really ugly!"

Seeing the suspension announcement of Waigaoqiao's fixed increase, Su Yu complained speechlessly.

Although Waigaoqiao specified the use of the funds to be raised in the private placement announcement, investors with keen information channels at this juncture of the private placement will know what is going on.

In Su Yu's opinion...

These are just a few large state-owned institutions, seeing that the benefits of the ‘Shanghai Free Trade Zone’ are about to be announced.

As for Waigaoqiao, as the only development entity among the development entities of the "Shanghai Free Trade Zone", it has taken over listed companies. The concept is pure and has caused early speculation of market funds. Large institutions missed the opportunity and knew that they could not buy chips. The United Listed Company, which has taken a deviant approach, thought about this.

And he knew that the regulators would definitely agree to this private placement plan.

After all, the institutions participating in the private placement have a state-owned background, and the controlling party of Waigaoqiao also has a state-owned background. This is just a matter of left hand and right hand.

For regulators…

Rather than letting the unruly hot money, private equity and other speculative funds in the market take up all the favorable market profits, it is better to introduce state-owned institutions to get a share of the pie.

"Shameless..."

While Su Yu was speechless, Yanjing and Anlan Fund were among the first to receive news of preparations for the "Shanghai Free Trade Zone". They were also the first after Su Yu to have been officially designated as a "Shanghai Free Trade Zone" in Waigaoqiao. Zhou Guohua, the general manager of the company's fund management business, sighed heavily and said: "This fixed increase plan is really the same as robbing money from the market." ”

"That's not the case!" Xie Wanting next to him looked at the teacher and said with a smile, "Don't there be a lock-in period for fixed-income securities? It will not affect Waigaoqiao's short-term speculation. These institutions are only at the current point in time. There are no more chips to buy in the market, so I thought of this method, and... this should be good for Waigaoqiao Company itself, right? After all, after the private placement plan is completed, the company's operating funds will be more abundant, basically. There will also be good improvements.”

"certainly……"

Xie Wanting paused and said with some regret: "Today, there was a stock rush for funds too fast, forcing me to block the daily limit channel first and accumulate funds on the daily limit board. As a result, we did not have any money on this stock. It’s a pity to buy too many chips and waste the value of the information the teacher learned.”

"Although the fixed-increase plan has a lock-in period, the expansion of the company's share capital caused by it is a fact." Zhou Guohua said, "Furthermore, the low-priced fixed-increase increase before the benefits are clearly announced will still have a huge impact on the market's sentiment of speculating on this stock. Seriously, it’s not really a benefit.”

"And, trading is suspended at this time..."

"These institutions participating in the private placement are really planning to go it alone."

"It can only be said that at this time, there are not many large market funds lurking inside Waigaoqiao. Most of the chips inside are still locked up by retail investors, which will not make this check a success in the subsequent resumption of trading under the huge benefits. After all, no one has enough chips in a wave-like situation, so when the stock price is high, there is still room for gaming.”

"Well!" Xie Wanting responded, "Since Waigaoqiao, the stock with the highest weight for building positions, has been suspended, then... we can only choose other directions in the future, right? Which stock does the teacher think is the best in the current market? The most potential?”

"Except for the listed company Waigaoqiao, which is the only development entity of the 'Shanghai Free Trade Zone', the entire market is the most suitable one for Shanghai Materials Trading, which is currently being heavily purchased by hot money." Zhou Guohua responded, "Hey... ...Unfortunately, we didn't have enough time. It was too late for us to take action. Waigaoqiao's trading was suspended and the Shanghai Stock Exchange was connected to the two boards. We couldn't take any big advantage. Next... we can only follow the hot money and play our cards. "

After several days of news fermentation...

He believed that at this time, many interested people in the market had already heard the exact news.

Facing a market with no information gap, naturally we can only attack with a bright brand, follow the actual hype route of the "Shanghai Free Trade Zone", and follow the direction of the joint efforts of market funds.

During the discussion between the two...

At the same time, in the Magic City, Zexi Investment was inside.

Xu Xiang felt very sorry when he looked at Waigaoqiao's suspension announcement, especially when he saw that among the five projects planned to be increased by Waigaoqiao, those five were all core development platform projects in the Shanghai Development Zone.

"I didn't expect...this one is a real dragon!"

Xu Xiang lamented: "No wonder the real estate sector is so strong today, and no wonder the main funds overflowing from Waigaoqiao's stock are so serious. This damn... I just have to name myself and say that I am the 'Shanghai Stock Exchange'." The designated commercial development unit for the development of the trade zone, and the only development entity is a listed company.”

In his view, Waigaoqiao’s fixed-increase announcement.

It is not just an ordinary private placement announcement, but also the underlying logic supporting the speculation of its stock price.

The only pity is that his information this time was not very sensitive and he did not catch the check in advance. As a result, he and the company's funds had no position in the check.

"But eating looks is ugly enough." After thinking about it, Xu Xiang complained again.

In the entire current market, except for some institutions and hot money with no information, there are really only some retail investors who are still kept in the dark. They don't know what the logic of the current market speculation is. The rest of the 'smart money' are basically about the country's upcoming situation. The announcement of the economic macro-strategy of the construction of the "Shanghai Free Trade Zone" has given us accurate understanding and sufficient expectations.

Of course, the time has come.

Market-related news has spread to this extent, which is enough to show that this main line of speculation, from hazy to clear, should be something close at hand.

In other words... the country has officially announced the macroeconomic strategy for the construction of the "Shanghai Free Trade Zone".

There are still a few trading days at most.

At a time when various funds that already know the inside information are complaining about Waigaoqiao's private placement announcement and its trading suspension announcement.

There is a large group of retail investors who have been speculating on the logic of market operations.

Interest in the development projects mentioned in Waigaoqiao's private placement announcement has also increased significantly, and there has been a lot of discussion.

And just as the main line of market speculation is gradually emerging from a hazy state... On August 14th and 15th, the Shanghai Stock Exchange Index once again continued to be positive, emerging from the "Three Yang Kai Tai" pattern. , among them, the Shanghai stock trading stocks, which have become the core of market popularity and the core of fund raising, have made two consecutive straight boards in the past two days, achieving the achievement of 4 consecutive boards.

Then, Friday, August 16th came.

The 'Shanghai local core stocks' that have been rising for a week have finally encountered greater selling pressure due to the lack of consistency in market funds' continuous pursuit of higher prices before the news of the 'Shanghai Free Trade Zone' was announced. , it has been under pressure since the beginning of the market and entered a trend pattern of underwater heavy volume and shock.

And at the same time, Shanghai Stock Exchange, a core concept stock that has become the new leader in the market.

After opening higher, its stock price also plummeted.

Su Yu looked at the first divergence of the hype line of "Shanghai Free Trade Zone" in the warm-up stage, smiled, and still did not issue any operation instructions to the traders, and...his personal funds were still ambushed in the CSI 300 index futures, without any movement.

Moreover, due to the continuous rise of the index in the past few days.

His position in the CSI 300 index futures has made initial profits. The position of 300 lots has made a profit of almost 30 points, totaling more than 3 million funds.

Of course, such a profit amount.

Compared with the "event object" he wanted to snipe, it is naturally insignificant.

The entire fund's position was silent. At 11:20 in the morning, the two markets still maintained weak fluctuations, and no obvious new hot spots emerged.

Su Yu looked at this boring market.

I thought that before the official announcement of the big good news of the "Shanghai Free Trade Zone", the market would be like this, nothing to watch, and I was about to let the traders take a break and go to eat and rest, when...

The two markets, which were originally as calm as water, suddenly moved collectively.

The entire "big financial" sector, especially the banking sector, Huashang Bank, Huaguo Bank, Huanong Bank, Huajian Bank, Minshang Bank, Pudong Development Bank, Ping An Bank... and a large number of core weighted stocks with hundreds of billions and trillions of shares, burst out with epic-level buying orders at the level of 100,000 lots, hundreds of thousands of lots, and even millions of lots.

And with the emergence of these countless buying orders that shocked investors...

The Shanghai Composite Index, which was originally sluggish and oscillating underwater, instantly turned into a small-cap stock in the market that was ignited by hot money. The index soared into the sky and presented a straight upward line.