Chapter 452: Resell to Buy, Buy at the Bottom!
"No, Mr. Qin, if we sell like this, it will be too slow to reduce the position."
Zhou Hui saw that in the 'military industry' line, the number of active buying orders was getting lower and lower, and after the market fell into a liquidity dilemma, there were more and more selling and selling orders competing with them, so even if they He was the main seller at the market price. He continued to sell and could not reduce his chips in a short period of time. He couldn't help but said anxiously: "How about we directly place huge orders and compete for market liquidity to the maximum extent. If we reduce our positions in this way, it should be possible." Much faster."
"Put huge orders directly down?" Qin Qiuyue was stunned and said, "Doing this will completely destroy the entire market, and the liquidity of the market will be further depleted."
According to her observation, they focused on building stocks in the 'military industry' line.
For tickets such as Huaguo Heavy Industry, China Airlines Mechanical and Electrical, China Airlines Optoelectronics, Aviation Power, Great Wall of China, Aviation Technology, etc., although the circulation is not small, the average daily turnover is around 100 million to 300 million. Now there are only more than 20 minutes left before the market closes. Even if they try their best to fight the decline and compete for market liquidity, how much more can they lose compared to the market value of these stocks' holding chips, which can easily reach 70, 80, or hundreds of millions?
What's more, taking the initiative to sell downwards quickly will also quickly expand their own position losses.
Basically, it's like shooting yourself in the foot.
Therefore, such a trading strategy made her extremely hesitant for a while.
"But the market has collapsed." Zhou Hui continued, "If we don't do this, other main funds in the market will concentrate on selling down, and the result of the market trend will still be the same."
And it is exactly as Zhou Hui said...
During the simple communication and hesitation between the two people, within 2 minutes.
The market trend of the entire market has obviously become worse again. The decline of the Shanghai Stock Exchange Index has once again expanded to around 1.5%, hitting the 2220 point mark again. At the same time, the Shenzhen Stock Exchange Index, the Small and Medium Enterprises Index, and the ChiNext Index have also fallen rapidly. expand.
The main sector of 'military industry', which has obviously been completely abandoned by the main funds in the market, has performed even more tragically. The decline in the sector index has reached about 3.75% at this time, such as Huaguo Heavy Industry, China Airlines Electromechanical, China Airlines Optoelectronics, and Aviation Engineering. Dynamics, Huaguo Great Wall, Hangfa Technology... a number of core component stocks fell by 7%, and even several component stocks such as Beihua Co., Ltd., Aerospace Changfeng, Hongdu Airlines, etc., have been sold out. , sealed at the lower limit.
Of course, at this moment, the performance of a number of industry sectors and concept sectors related to the two core main lines of 'infrastructure' and 'state-owned enterprise reform' is also tragic. Among them, several core components such as Beixin Road and Bridge, MCC, and China Fortune Land Development Stocks are also stuck at the lower limit.
"Okay!" Seeing that the market is indeed getting worse, and the remaining trading time is indeed running out, at the same time, according to the original plan, their intraday reduction of positions is far from expected, so... Qin Qiuyue hesitated a little After a moment, he gritted his teeth and issued a huge sell order to actively kill the price, and said to Zhou Hui, "In that case, then follow what you said, actively kill the market, and strive for market liquidity with all your strength."
Zhou Hui got Qin Qiuyue's consent and hurriedly responded.
Then, he turned around and quickly issued a concentrated sell order to all the traders in the trading room.
And as such trading instructions were conveyed to every trader, in the next ten seconds or so, millions and tens of millions of dollars of continuous selling and selling quickly appeared on the "Military Industry" Many of the core components of this line were on the market, causing their related stock prices to plummet once again.
Subsequently, at 2:44, the ‘military industry’ sector fell from around 3.75% to directly break through the 4% mark.
The next moment, at 2:45, the stock of China Airlines Electromechanical was directly hit by a huge amount of selling orders in an instant, hitting the limit position, and completely lost its liquidity.
"Mr. Su, all the panic chips in the 'military industry' line should have been smashed out."
At the same time, within Yuhang and Yuhang Investment Company, in the main fund trading room, Zhao Lijun, who had been observing the market and following the trend of selling, hurriedly said: "And we have previously focused on building positions in Huaguo Heavy Industry, China Airlines Electromechanical, China Airlines Optoelectronics, and Aviation Power. , Huaguo Great Wall, Hangfa Technology...these stocks are particularly heavily sold on the market, which should indicate that the two main funds that previously competed with us to raise funds have also been slashing their positions. "
"China Airlines Electromechanical's check can actually be smashed to the limit." Li Mengye added, "I think it should be about the same. Under this situation, there is no need for us to follow the trend and smash it, right?"
Follow the previously developed trading strategy.
The purpose of Su Yu's so-called "luring the market to sell off" is to obtain more low-level cheap chips on the "military industry" line, and at the same time wash out the two major funds that were previously competing with him on the market, and Now... with the complete collapse of the main line of 'military industry' and the loss of liquidity, this goal has been achieved.
In this case, there is no need to continue to follow the trend and kill the market, wasting all the chips in hand.
When Su Yu heard Li Meng's words, he nodded slightly and said, "The market is going faster than I expected. According to this trend, the markets of 'military industry', 'infrastructure', 'state-owned enterprise reform', and 'internet finance' are relatively active." The main line is basically approaching the final drop.”
"Now that the market's panic selling situation has taken full shape."
"And the strategy of 'luring the market to sell at a loss' has also worked, achieving our desired goal."
"Then change the strategy in time, switch from selling to buying, and restore the original rhythm of building positions. Again, keep an eye on the market selling and passively undertake, don't support, don't pull the market, and be cautious to avoid stocks that may be on the Dragon and Tiger List, so as not to expose our motives in advance."
"Okay, I understand!" Following Su Yu's instructions, all the trading team leaders in the trading room responded in unison.
Then, without waiting for Su Yu to give more instructions, several trading team leaders quickly conveyed the corresponding trading instructions to the traders they managed, and quickly changed the previous strategy. In the last 15 minutes of the closing, they bought a large number of core component stock chips in the main line fields of 'military industry', 'infrastructure', 'state-owned enterprise reform', and 'Internet finance', and quickly added back the positions that were reduced during the trading session.
Due to their large-scale buying and undertaking
In the last 15 minutes of trading at the end of the day, the Shanghai Composite Index refreshed the intraday low to 2214.31 points, and then ushered in a wave of rebound again.
Finally, at 3 pm, the two markets closed.
The Shanghai Composite Index regained the 2220 point mark, fixed at 2223.11 points, down 1.48%, of which the Shenzhen Composite Index and the ChiNext Index fell by 1.33% and 1.21% respectively. Overall, although the two main lines of "mobile Internet" and "smartphone industry chain" that once led the market's gains also fell a lot in the last hour of trading at the end of the day, they still maintained the trend of weak Shanghai and strong Shenzhen.
However, unlike the sharp drop in the indexes.
In terms of the performance of the two markets today, compared with the previous trading days, there are obvious signs of large volume. The total transaction volume of the two markets reached 120.369 billion, returning to the 120 billion transaction volume mark, and at the same time, it was more than 10 billion more than the trading day last Friday.
Such turnover performance not only shows that the investor group has increased its attention to the market during the weekend's emotional brewing, but also shows that some of the locked-in chips in the market finally couldn't bear the torment in their hearts when the market continued to fall short of expectations, and began to cut positions and stop losses.
In addition to the performance of the index and market volume.
In the overall main lines of the two cities, as well as the performance of various industry sectors and concept sectors...
In the strong rebound of the market in April and May, the two main lines of "mobile Internet" and "smartphone industry chain", which had no performance, showed obvious signs of recovery today. From beginning to end, they have been leading the market in the two cities and supporting the final situation of "Shenzhen is strong and Shanghai is weak".
Among them, on these two core main lines.
The two major industry sectors, ‘Film and Television Media’ and ‘Electronic Information’, finally maintained their gains, closing at 0.89% and 0.63% respectively. In the sector, the core component stocks, Changqu Technology, Changying Precision, and Huayi Brothers, finally closed at the daily limit, becoming the few stocks in the two cities that naturally received daily limit from funds.
As for the two core themes of ‘Infrastructure’ and ‘SOE Reform’ that caused the market to collapse today, and the ‘Military Industry’ theme that was completely abandoned by the main funds.
The three core themes all started with a sharp drop.
Among them, the ‘Military Industry’ sector index ranked first in the decline list of the two cities’ industry sectors with a drop of 4.33%; the ‘Real Estate’ sector index ranked second in the decline list of the two cities’ industry sectors with a drop of 3.88%; the ‘Architectural Decoration’ and ‘Building Materials’ sector indexes ranked third and fourth in the decline list of the two cities’ industry sectors with a drop of 3.63% and 3.62% respectively, which can be said to be in no particular order.
The performance of the industry sector indexes related to the main lines is so tragic, naturally, the performance of the related core hot stocks is not much better.
Only a few hot stocks that were over-hyped in the early stage were seen.
Many stocks such as Beixin Road and Bridge, Beijiang Jiaojian, Shanghai Construction Engineering, China Fortune Land Development, Huaguo Zhongye..., etc., were all locked at the limit down board without exception at the closing time. Among them, Huaguo Zhongye's intraday trading volume reached 760 million, which was obviously greater than the average intraday trading volume of many previous trading days, which can be regarded as a large-scale limit down.
At the same time, as a stock that really collapsed the market trend at the key trading node in the market.
Everyone's attention to it can be said that it has been rising all the way. When it closed at the limit down, it has become the most popular stock in the market today.
Faced with such a closing situation...
The vast majority of countless investor groups who pay attention to the market inside and outside the market are disappointed.
After all, with such good market sentiment over the weekend and such good market trends in the peripheral markets, everyone thought that the market would have a relatively good trend today. Not to mention following the peripheral markets and going out of the continuous surge, at least it should not be such a plummeting situation.
"Hey, it keeps falling, falling!"
After a brief review, some retail investors gathered in the discussion area of the trading platform and the online investment forum sighed helplessly.
"As soon as the K-line trend came out last Friday, I knew that it was mostly a downward relay. Sure enough, today the market continues to create a new low for stage adjustment, and it is still a trend of large-scale plummeting. It is estimated that tomorrow and the day after tomorrow, the Shanghai Composite Index will really test the 2200 point mark directly."
"To be honest, I didn't expect the market to be so weak today."
"In fact, the trend was quite good in the morning. At one point I thought it was going to be a deep V reversal, but I didn't expect it..."
"Everyone was blown away by the check from MCC! Originally, during the opening period in the afternoon, the two lines of 'mobile Internet' and 'smartphone industry chain' could significantly drive the market. They almost All the major market indexes were in the red, but I never expected that the flash crash of MCC directly led to the subsequent comprehensive avalanche of the market. "
“To single-handedly bring down the whole situation is the check of ‘China MCC’.”
"Who smashed those 120,000 hands?"
"I don't know, but this check will definitely have the Dragon and Tiger ranking data today. We'll find out later."
"Hey, in fact, today's trend is really a pity. If it weren't for the sudden crash of MCC, the market would have been in a deep V trend."
"It's really too much to spend money on the check from MCC."
"However, although today's performance is miserable overall, there are actually bright spots in some areas."
"Yes, at least the two core lines of 'mobile Internet' and 'smartphone industry chain' that were heavily hyped by the market's main funds last year and at the beginning of the year have come forward again today, and they have vaguely driven the market and restored sentiment. There are traces. If nothing happens... these two lines should still show up. "
"I also think these two lines performed well today."
"If these two main lines can come out again to drive the market in the future, maybe the previous market style of 'Shanghai is strong and Shenzhen is weak' will change again, right?"
"If the two main lines of 'mobile Internet' and 'smartphone industry chain' come together, the market investment style will most likely have to change again. To be honest... can the big guys in the traditional fields of 'infrastructure' and 'state-owned enterprise reform' have the same goal?" What is the hype value? ‘Growth stocks’ in emerging industries are most likely to be the absolute main line in the future.”
"I also think the opportunities for small-cap growth stocks are much greater than those for large-cap stocks."
"There is no doubt about this, okay? Look at the performance of the two main lines of 'mobile Internet' and 'smartphone industry chain' today, and then look at the performance of the two main lines of 'infrastructure' and 'state-owned enterprise reform'. Follow-up funds will It’s very clear which main line and which field to take.”
"It is true that outdated leaders are not as good as dogs. The market is dynamic. The two main lines of 'infrastructure' and 'state-owned enterprise reform' have indeed been completely abandoned by the main funds of all parties in the market."
"The main board is full of big guys, and pulling the main board can't boost popularity and market sentiment. If the main funds on the market are smart, they will definitely return to the field of 'growth stock' speculation, which is mainly small and medium-sized boards and GEM."
"Let's not talk about the main line switching. Where does the index fall? Is it the end or is it a problem?"
"Let's see if the volume shrinks tomorrow. If the market shrinks again tomorrow, I estimate that today's drop will be the last drop of the market. If the market does not shrink tomorrow, or continues to increase volume, it will be difficult to say, at least below The 2200-point support level is not very optimistic.”
“It’s outrageous to see such a large amount in the market today!”
"It's not outrageous. The market sentiment has completely collapsed. Naturally, all the hold-up orders that could not be settled before have emerged."
"After all, it is MCC that brought down the whole situation. If it hadn't been for the flash crash of this check, the Shanghai stock index might have been in the red today, and it would definitely not have been the current trend of a full avalanche."
"Hey, it's true!"
"Just because of the check from MCC, I was trapped in the stock I was chasing after this afternoon."
"'Huaguo MCC' is definitely the culprit of today's market crash. I really want to see who is behind this stock today."
"Probably it's the institution that locked up positions in the market before, right?"
"Aren't the institutions in the major financial media trying their best to sing the long story? Are they still selling the market?"
"Bulling the market with one hand, smashing the market with the other, and short-selling stock index futures at the same time, these are all standard operations of institutions. Do you really believe that these institutions will spare no effort to push the market index up? Do you really believe in the bull market they say? That's nothing. It’s just a lie to attract new leeks.”
“Don’t believe a word of the institutions and investment advisory experts these days.”
"Believe in yourself, that's the truth!"
"I am responsible for my own money. Even if I lose money, I will not use my money to buy fund products managed by these guys."
Amid the heated discussions among many retail investors, the time hand slid forward quickly, and before we knew it, it was already 5:30 pm.
Amid much attention, the rankings of dragons and tigers in the two cities were refreshed.
I saw Beixin Road and Bridge, Hongdu Airlines, Changqu Technology, Changying Precision, China Fortune Land Development and other popular stocks on the list. As expected, they have attracted the attention of market investors and are the main culprits in today's market crash. The culprit, the check from MCC, was also on the dragon and tiger list.
"Damn it, it wasn't an institution that smashed the disk!"
When MCC in China appeared on the Dragon and Tiger List and successfully disclosed its trading seats, seeing the disclosed selling one seat, not only the vast retail investors in the market were completely shocked, but also Yuhang Hot Capital, where Su Yu was located In the main group, all the hot money bosses also showed shocked expressions.