Chapter 211 Billions of Funds Were Scammed!

A huge amount of funds fell.

Within one second, the orders of Waigaoqiao, which had been reduced to 380,000 lots, were almost swallowed up by half, and its trading volume also jumped directly from more than 13 million to 914 million.

At this moment, the eyes of the entire market also gathered.

Institutions were shaken, hot money was shocked, and retail investors were shocked. They had never seen such a violent exit scene.

Of course, at the same moment, those institutions and hot money that were originally very calm, faced such a scene, faced the orders that were suddenly swept in by 177,000 lots of huge funds, and their hearts were instantly raised to their throats. I don’t know whether this is a blessing or a curse.

Then, the next second.

In the shock of countless people, countless follow-up orders on the Waigaoqiao market began to gather and sell.

At the same second, in the subsequent order queue, the institutions, hot money, and even the majority of retail investors who were not swept in by the 177,000 lots of orders that fell from the sky began to withdraw their orders quickly.

Then, a few seconds later.

Waigaoqiao, which was originally as stable as a rock and had 13 daily limit ups after resuming trading, had its daily limit orders broken quickly and its stock price plummeted.

9%, 8%, 7%...

In ten seconds, its stock price plummeted to a 5% increase range.

"Crazy, crazy, 380,000 orders can be broken in an instant?"

When Waigaoqiao opened the daily limit and the stock price fell, the entire market's stock forum discussion area and comment area exploded.

"Am I dazzled? In one breath, 177,000 sell orders directly smashed the daily limit!"

"Fuck, 900 million, who is so powerful?"

"Such a huge hidden order should be a large domestic institution, right?"

"Oh my god, I surrender! I have imagined many opening scenes of Waigaoqiao, but I never thought it would be like this. The funds just now are too damn scary."

"177,000 orders, this fund is lurking in it, making a lot of money, right?"

"Not only making a lot of money, it's a huge profit!"

"I never thought that Waigaoqiao would suddenly open the board with a huge volume. It should be... before this fund smashed the market, the entire market of Waigaoqiao did not increase in volume. It would close after a while. Why smash it at this time?"

"Such a large amount of funds, not when the market is consistent and there is no lack of liquidity, smashing the market and exiting. After Waigaoqiao opens naturally, I am afraid that it will not be so cheap to get 900 million funds out, and this fund has made such a huge profit Oh, it's me... I'll smash it too!"

"900 million, too scary!"

"This capital, with this smash, not only will the trend of Waigaoqiao be bad, but the whole market's 'Shanghai Free Trade Zone' main line of speculation will be ruined, right?"

"Yes, Waigaoqiao is at least the emotional vane of the market's 'Shanghai Free Trade Zone' main line of speculation."

"Now that the emotional vane has collapsed, other stocks and concepts will definitely not be better."

"Nonsense, as the core leader, Waigaoqiao The Waigaoqiao Stock Exchange has opened, and its stock price is plummeting. It would be strange if other stocks can be good? "

"Yes, yes, didn't you see that Shanghai Material Trade directly hit the limit down board within a minute. "

"Oh, it's really miserable. It feels like this 900 million yuan of funds has directly crashed the entire market. "

In the discussion of many retail investors, in just two or three minutes, the entire market situation has undergone earth-shaking changes. The previous hot signs have disappeared at the moment when Waigaoqiao opened.

I saw...

The three major indexes of Shanghai Index, Shenzhen Index and ChiNext Index fell rapidly.

All the stocks with the concept of "Shanghai Free Trade Zone" that were sealed at the limit up, except for a few stocks with a limit up that were obviously stimulated by other major positive factors, the others...all broke the limit up.

In the "Financial Reform" concept sector, five stocks with natural limit ups, including Anxin Trust, all broke the limit up.

And the selling volume of each stock is endless.

The concept of "regional free trade zone" has a total of 6 natural daily limit boards, including Yu Development, all of which have exploded and none of them can be stabilized.

Real estate, logistics, ports, finance and other industry sectors.

Not to mention the daily limit stocks related to the "Shanghai Free Trade Zone" in the sector, even the entire industry sector index has rapidly dived in just two or three minutes, jumping from a red plate state that exceeds the index to underwater, turning from rising to falling.

Marginal low-position concept stocks, some newly added free trade zone concept stocks that are forcibly related.

At this moment, the entire line has also turned from strong to weak, and dived wildly.

Among them, the trend of Yiyatong stock is even catching up with Shanghai Material Trade, falling all the way, and going straight to the limit board.

The core hot concept stocks in the early stage, such as Shanghai-Hong Kong Group, Shanghai Pudong Development Bank, Pudong Jinqiao, Jinjiang Investment, Lujiazui, Shanghai Sanmao and other stocks, plunged more fiercely, especially Shanghai-Hong Kong Group and Shanghai Pudong Development Bank, which were sold continuously with large orders of 10,000 lots, causing these two stocks to recover all the gains in the previous session within a few minutes, setting a new intraday low.

Even the "Internet Finance" concept sector in the GEM.

At this time, it was also affected by the "Financial Reform" concept sector, and related concept stocks plunged wildly, among which Shanghai Steel Union fell straight and went straight to the limit.

It can be said that after the sudden opening of Waigaoqiao...

The entire market, which could still maintain a little bullish sentiment, was suddenly completely disintegrated, and all the profit-taking plates were rushing to exit.

In this situation, the time jumps to 2 o'clock.

The Shanghai Stock Exchange Index's gains shrank to less than 0.5%, which is the same as the Shenzhen Stock Exchange Index and ChiNext Index.

Shanghai Materials Trading, Shanghai Steel Union, Yiyatong, and Duolun Shares fell by the limit. Among them, Shanghai Materials Trading and Duolun Shares broke out of the sky-and-floor trend; Shanghai-Hong Kong Group and Shanghai Pudong Development Bank turned from rising to falling and continued to hit new intraday lows. ; Anxin Trust exploded, and the stock price fell back to around 4%; after the opening of Waigaoqiao, the stock price rebounded slightly, reaching about 6.2%, under intense trading conditions, but there was no hope of rising to the daily limit.

Then, at 2:10.

The three major indexes recovered all gains throughout the day, and the Shanghai Stock Exchange Index began to turn from rising to falling. The good upward trend was seriously damaged, and the market profit-taking selling and panic were further amplified.

At 2:13, after struggling for a while, the Shanghai Stock Exchange completely closed the limit, sealing more than 70,000 orders.

At 2:15, Essence Trust's growth fell back to about 2%, Shanghai-Hong Kong Group fell more than 2%, Shanghai Pudong Development Bank fell 1%, and the turnover exceeded 4.5 billion.

At 2:18, Waigaoqiao once again faced a huge wave of selling. The stock price rose back to 4%, completely losing hope of a return to closure. The transaction volume soared to 2.1 billion.

At 2:20, Aijian shares hit the lower limit, becoming the third Tiandi stock in the two cities.

At 2:25, panic selling and profit selling further intensified. 90% of the nearly 200 concept stocks in the "Shanghai Free Trade Zone" in the two cities showed a decline, which was in contrast to 85% of the concept stocks during the peak market sentiment in the morning. The upward trend is completely different.

At 2:30, the Shanghai Stock Index fell more than 1%, falling below 2150 points.

At this time, the number of "Shanghai Free Trade Zone" concept stocks in the two cities has dropped to the limit, exceeding 10.

"Damn, the funds that smashed Waigaoqiao's stock are simply sick." In the situation where the entire market's sentiment about the main line of speculation about the 'Shanghai Free Trade Zone' has completely collapsed and reversed, in Shanghai, Zexi Investment Inside the company, in the trading room, Xu Xiang stared at the market, looking at the Shanghai Stock Exchange that had closed down and the more than 100 million in chips that had not been sold out. He felt angry for no reason, "Obviously there is no increase in volume. It is not good to sell the market on Monday." What the hell...you have to run away."

In the Shanghai stock market, there are nearly 400 million chips.

After missing the opportunity, he worked hard to get close to 300 million.

If Waigaoqiao hadn't suddenly opened the market, which directly caused the investment sentiment of the entire market to collapse, causing all the profit-making orders in the market to rush out, according to his estimation, he would have been able to use the remaining more than 100 million chips. It came out before the market closed, but now... With more than 100 million, how many lower limits will it take?

"Zhou Kan..."

After being depressed for a while, Xu Xiang asked: "Where are the other held stocks? How many chips are still left?"

"We only sold 55% of our chips today." Zhou Kan replied, "We have a total of 18 stocks under the main line of 'Shanghai Free Trade Zone'. Even after Mr. Xu issued the order, We are trying our best to exit the position, but we can only reach this point. There are still nearly 1 billion chips on the market, and... 4 stocks have dropped to the limit, and there is a lack of liquidity, and we can no longer exit the position.”

"There are still 1 billion chips in the field?" Xu Xiang frowned even deeper when he heard this.

"It's my fault..." After thinking about it, Xu Xiang sighed softly, "I didn't expect that the market sentiment would fail and change so quickly. I originally thought that with this trading volume, Waigaoqiao would be able to maintain its two or three boards. I didn't expect it. ... Looking at it now, Fortune Road’s capital is so prescient!”

"However, our profit is quite generous." Zhou Kan replied, "Even if part of the profit is withdrawn during the exit process, there is no big problem."

"Yeah!" Xu Xiang nodded.

This round of hype about the ‘Shanghai Free Trade Zone’ lasted for nearly a month.

Although their company was not the most profitable institution in this hype feast, it could be regarded as fully seizing this wave of opportunities and making a lot of profits.

Therefore, there is no regrets.

It's just that he didn't fully grasp the selling point, which made him feel a little imperfect.

Of course, his performance is not perfect. It is based on the funds of Wealth Road and Fusheng Road. Compared with other market hot funds, his record is already considered unique.

"Don't worry about the ones that have dropped to the limit." After a pause, Xu Xiang continued to order, "For other stocks that have not dropped to the limit, as long as there is liquidity on the market, you can give out as many chips as you can."

"The Shanghai Stock Exchange Index exploded in large numbers today, but failed to continue its upward trend. Instead, it entered a trend of rising higher and lowering, and falling rapidly."

"This proves that the index is at the 2,200-point mark and cannot be overcome for the time being."

"In the follow-up, there is a high probability that the price will return to the upper edge of the 2100-point shock range, and whether it can stabilize above 2100 points is still an unknown question."

"If the index returns to the shock range of 2000 points to 2100 points, it will be even more difficult to predict the subsequent market trend."

"In this wave of index gains, the main line that supports the upward trend of the index, the 'Shanghai Free Trade Zone' line has reached this point, the overall chip structure has been destroyed, profit taking has fully retreated, and various funds have taken over the market at high levels. If you successfully stand guard, the market situation... is likely to be over. "

"In this way, you don't have to worry about the selling point."

"If you sell early, you can earn one more penny. If you sell later, the stock price will naturally be lower by one penny."

"Based on today's trend, the market on Monday will be even uglier than today."

"Okay!" Zhou Kan responded.

Then, without considering the cost of reducing positions, he told the traders to reduce positions at market prices, and even took the initiative to sell at low prices, grabbing the remaining buying liquidity in the last half hour of the market.

And at the same moment...

I misjudged the market trend and took the Jiefang South Road order. I could only stare blankly at the four main hot money of Shanghai Xinzha Road, Huatai Securities Shanghai Yincheng Middle Road, Oriental Securities Shanghai Yincheng Middle Road, and Oriental Securities Wuxi Xinsheng Road, watching the Shanghai Material Trade hit the limit and the entire market plummet.

At this moment, I was so angry that I burst, and my mentality was completely unbalanced.

They never dreamed that the market conditions of the two markets would become what they are now in the last hour.

"Oh, I'm really crazy for taking this board."

"At least a 35% loss is expected, oh... I'm so heartbroken that I can't breathe."

"I didn't expect Waigaoqiao to die as soon as it was opened, and I didn't expect that the good market sentiment today would collapse like this in an instant."

"Once Waigaoqiao dies, there is no hope for Shanghai's commodity trade."

"In today's market, no one can lift Waigaoqiao. If Waigaoqiao was opened in the morning, it would definitely rise with such extreme emotions."

"Xu is sick, and the funds that smashed Waigaoqiao are also sick."

"Forget it, forget it, stop complaining, just admit the loss!"

"I have never lost so much since I started trading stocks. This wave... I guess I will have to use up all the profits for this year."

"Damn it, next time I see Jiefang South Road, I will just smash it first."

The four people were helpless, bitter, and extremely angry in their discussion...

Like the four people, other hot money and retail investors who were completely killed by the market were also in mourning at this moment, facing the market that was still falling. They could not understand why the market trend that was so strong in the early trading suddenly reversed and became like this.

"The most miserable thing is that today's daily limit board took over the Shanghai Stock Exchange Material Trade!"

Before the market closed, the retail investors who were killed on the online stock forum were already in tears.

"It's the same if I took over Aijian shares on the daily limit. It's miserable! A loss of more than 20% in one day wiped out all the profits of a month's hard work."

"Aijian shares should not be as miserable as Shanghai Material Trade. After all, Aijian shares may still be out next Monday. Shanghai Material Trade's stock may not be out next Monday. After all, there are too many people rushing in today. The transaction volume exceeds 2 billion. How many people have been buried? It would be strange if everyone doesn't press the 'nuclear button' next Monday."

"The key is that Waigaoqiao broke the limit, and after breaking the limit, it failed to continue to close, directly leading to the collapse of the two markets!"

"Oh, it's miserable. I took over Anxin Trust, which was also a bag."

"I also took over Waigaoqiao. I thought that I might not be able to buy it even if I placed an order. I didn't expect that when the limit was really broken, I didn't have time to withdraw, and I was directly standing guard at a high position."

"Oh, there are countless hot money buried today, right?"

"Just that morning With such a high-pitched trend, there are indeed many hot money chasing the high price and closing the board, but there must be a lot of hot money making a lot of money today. "

"The focus is the 177,000-hand order at Waigaoqiao, which is extremely shocking."

"Such a large order should be from an institution, right?"

"There are also 5 consecutive large orders of 10,000 hands that directly smashed the board when the Shanghai Stock Exchange Material Trade reached the daily limit. Today, the entire market, just these two orders, directly destroyed the main line of the entire "Shanghai Free Trade Zone". "

"The 50,000 hands that were smashed by the Shanghai Stock Exchange Material Trade Board must have been the head of the Jiefang South Road."

"Hey, no matter what, today I shouldn't have been so determined to chase the leader."

"Chasing the dragon to the crematorium, I give up!"

"Today's market trend, the index didn't fall much, but the loss was really the worst this year. Next time... I really don't dare to chase high. "

Amid the complaints of the masses...

At 3 o'clock in the afternoon, the market in the two markets came to an abrupt end.

In the end, the Shanghai Composite Index closed down 1.43%, with an amplitude of more than 4% throughout the day, and fell below 2150 points; the Shenzhen Composite Index and the ChiNext Index fell by about 1.2%, which was not as miserable as the Shanghai Composite Index.

In the specific market performance of the two cities, nearly 200 concept stocks of various types of "Shanghai Free Trade Zone" that had been hyped for more than a month suffered heavy losses, and its related concept sectors also changed from leading the gains in the early trading to leading the losses in the two markets at the closing, which was full of drama.

Among them, the core stocks...

After Waigaoqiao broke the board, it finally closed up 2.78%, the stock price was fixed at 47.54 yuan, and the total transaction volume was 2.88 billion; after the Shanghai Stock Exchange Material Trade hit an annual high in the morning, it went out of the trend of the ceiling and floor, and finally closed down 10%, the stock price was fixed at 30.63 yuan, and the total transaction volume was 2.086 billion; Shanghai-Hong Kong Group closed down 4.23%, the amplitude exceeded 8 points, and the transaction volume exceeded 3 billion; Pudong Development Bank closed down 2.33%, the amplitude exceeded 5 points, and the transaction volume exceeded 4 billion.

In addition to these core concept stocks, other "Shanghai Free Trade Zone" concept stocks were equally tragic.

Moreover, the two markets had a total transaction volume of more than 120 billion throughout the day, and nearly 200 concept stocks under the main line of "Shanghai Free Trade Zone" alone siphoned nearly 40 billion funds.

Of course, this also means that at least tens of billions of funds were trapped on the top of the mountain today!