Chapter 61: Ten Million Assets

I have seen the GEM index gain and then lose 1,000 points, and I have seen Hua Qingbao, a conceptual leader, fall after opening.

The majority of short-term investors in the market who had been rapidly following the trend a moment ago realized something was wrong, canceled their orders one after another, and fell into wait-and-see mode again.

And with the sudden withdrawal of these funds...

The market conditions that were originally able to barely withstand the selling on the market collapsed in an instant. Both individual stocks and indexes entered a trend of rapid diving and crazy retracement.

"I'll go, fake breakthrough?"

After noticing that the ChiNext Index had shrunk to within 1,000 points, someone in the stock discussion group that Su Yu joined wailed: "I'm so stupid. Hua Qingbao's order was taken on the daily limit board."

"It's really stupid. Hua Qingbao has come up this time. Today's daily limit is equivalent to the 5-board height set by Tianyu Information. If you take the order at this time and bet on it continuing to break through, the risk and profit are not proportional at all. Loss It’s your own fault.”

"I thought the GEM index could stably break through 1,000 points."

"After all, as long as the GEM index stably breaks through 1,000 points, Hua Qingbao, as the core leading concept stock that leads the market to break through, will definitely enjoy the emotional premium of the market in addition to its own benefits. In this way, it will break through the 5 boards of Tianyu Information The height is stable.”

"And once it breaks through the 5-board height, the follow-up space will be quite large."

"Hey, I didn't know that the concept of 'mobile games' carried major market benefits. The right time and place were right, and it turned out to be what it is now."

"The main reason is that the market is too weak, and the pressure on the GEM index to break through 1,000 points is too great."

"The ChiNext Index is already strong enough, but I think the Shanghai Stock Exchange Index is holding it back. This guy remained motionless when the ChiNext Index broke through, which seriously affected market confidence."

"Quantity is the key. Without enough quantity, the GEM index will not be able to stand at the 1,000-point mark."

"Not only is there a problem of insufficient capacity, but there is also a problem with the market direction of capital-led breakthroughs. The concepts of 'mobile games' and 'film and television media' have risen sharply for four or five consecutive trading days, and are obviously at relatively high levels. On the other hand, following the trend is obviously lacking.”

"At this time, the main funds in the market still chose these two conceptual sectors as the main direction of breakthrough. They simply cannot fully gather market sentiment and follow-up funds in the entire market. In this way...how can they successfully break through and make the GEM Refers to holding on to the 1,000-point pressure mark?”

"Hey, indeed, at this time, the market's incremental funds and confidence are already insufficient. The main funds choose to use high-level concept sectors to make breakthroughs, which is destined to be difficult to succeed."

"But the low-end concept sector is not popular either, and it is more difficult to gather funds and sentiment."

"Conceptual sectors such as mobile payment, Internet finance, and smart cities have insufficient time and space for adjustment, and they are obviously unable to take on the important task of index clearance."

"The rest of the concept sections..."

"With no clear positive support, no active capital speculation, and no obvious future prospects, it will be even more difficult to take on the task of closing the gap."

"Hey, it seems that the GEM index is at the 1,000-point pressure mark. It will be difficult to break through in the short term."

"If the GEM index cannot break through the 1,000-point mark, then... I'm afraid the index will turn downward again? After all, this place cannot be controlled."

"If the breakthrough fails, the index will inevitably pull back to find support."

“I just don’t know where the support will be?”

"Damn it... stock trading is too difficult. I thought I had a breakthrough, but after chasing after it, it became a high-level takeover. Now there is a high probability that I am stuck again. Hey... I shouldn't have itchy hands."

"Indeed, it's really difficult to make some money in a bear market."

"The bull market is also difficult. It should be said... I haven't made a profit since I entered the market, and I have been on the way to make back my money."

Amid the heated discussions in the group, the GEM index had retreated to around 994.7 within ten minutes, almost retracting all the gains in the early trading.

As for the core popular concepts of ‘mobile games’ and ‘film and television media’.

For dozens of concept stocks, large and small, all funds are showing an outflow, and the stock prices are basically in free fall, with no signs of large capital trays.

And, over time.

When more and more investors and major funds in the market realized that the ChiNext Index could no longer break through 1,000 points for the time being, the consensus of taking profits and hesitating to wait and see became stronger and stronger, causing the market index and individual stocks to decline. Gradually spread to a unilateral downward trend.

Su Yu stared at the changes on the board.

Knowing that under such expectations of market sentiment, the GEM index will adjust downwards, find new support, and recharge its momentum is inevitable. However, in the current market, there is no other high-low switching attribute that can quickly gather market sentiment. and the concept section of funding, allowing him to participate.

Therefore, he could only temporarily control his position and maintain a short position.

As he made a temporary short position decision in his mind, at midday closing, the Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index, and ChiNext Index all recovered all the gains in the early trading, turning from rising to falling, showing the weak situation after the failed breakthrough.

Among them, after Hua Qingbao's daily limit was hit by Su Yu, by the noon closing, the increase had fallen back to between 5 and 6 points.

Then, the market opened in the afternoon...

The Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index and ChiNext Index continued to be weak, falling into deep water step by step.

Especially after 2 p.m., the market investment sentiment became increasingly depressed, and the decline of the ChiNext Index began to intensify. The increase of Huaqingbao fell from the highest daily limit to between 2 and 3 points, while most of the other concept stocks had turned green.

However, just as the ChiNext Index was rapidly declining in the late trading stage, looking for a new support point for the correction.

The Shanghai Composite Index, which had been dragging down the entire market, had stabilized and did not fall much at this time.

Su Yu saw this situation and said "Huh" softly.

Feeling that the market is here, even if it is corrected, it is unlikely to fall too deep. Feeling that the market's upward trend and internal confidence still exist.

In his continuous attention, the market finally closed at 3 o'clock.

The Shanghai Composite Index fell by 1.11% and was fixed at 2217.01 points; the ChiNext Index fell by 1.89% and was fixed at 976.33 points.

The trading volume of the two markets was enlarged compared with the previous trading day, but not much.

As for the concept sector and individual stocks.

The ‘mobile game’ concept sector, although the increase has retreated severely compared to the early trading when the mood was hot, still maintained a red market closing; the ‘film and television media’ concept sector, compared with the ‘mobile game’ concept sector, retreated more severely, closing with a sector decline of 0.86%; as for the previous popular concepts such as ‘mobile payment’, ‘mobile Internet finance’, and ‘smart city’, the decline was huge, exceeding the decline of the ChiNext Index.

Among the individual stocks, Huaqingbao, a hot ticket, rose a little in the late trading, and finally closed with a 4.23% increase, and the stock price was fixed at 27.37 yuan; Tianyu Information, a former outdated leader, closed at the limit down under the emotional collapse, and the stock price retreated to the price between the third and fourth boards in the previous period.

Faced with such a closing result...

The vast majority of investors in the entire market sighed, and everyone's expectations for the future market also became obviously pessimistic.

But Su Yu was very happy.

After all, after Hua Qingbao's operation, the total funds in his hands have reached 27.8 million.

Among them, the funds in his personal stock account have accumulated to 4.79 million.

Moreover, if he chooses to settle the net value of the other three stock accounts that he trades on his behalf at this time, according to the 50% profit sharing, he can also harvest a total of more than 5.7 million.

So, at this moment, his personal equity assets have reached 10.49 million.

Personal wealth has officially exceeded the 10 million level.

However, Su Yu did not think about the net value settlement at this time and the withdrawal from the operation of financial management. After all, the total funds of 27.8 million are very suitable for launching the market at this stage of the market, guiding the market to follow the trend and speculate, so as to continue to seek huge profits in the market.

In other words, the size of this fund has not yet reached the level of difficulty in entering and exiting, and the ship is difficult to turn around.

He can also continue with this method of chasing short-term hot spots and creating concept leaders.

Moreover, for the current market trading volume and the general fund capacity of concept stocks, more than 20 million funds are just the easiest time to operate.

Below this amount of funds, like before, they can only ignite and follow the trend, and cannot be the main seal, nor can they completely dominate the market of a stock.

And obviously higher than this amount of funds, such as 50 million or above, it is not easy to operate.

"Looking at the performance of the Shanghai Composite Index's resistance to decline today, the market here can't fall too deep." Su Yu said secretly after a simple review, "In this way, when the market sentiment turns around slightly, the ChiNext Index will definitely hit the 1,000-point mark again. The concepts of "mobile games" and "film and television media" have been abandoned by the main funds today, and have gone out of the high-level adjustment trend. The previous "mobile Internet finance", "mobile payment", "smart city" and other major "mobile Internet" concepts, regardless of the time and space for adjustment, are not sufficient, and obviously cannot take on the task of breaking through. Then... Which direction will the main funds in the market choose as a breakthrough?"

In the market situation.

The concept that can bear the heavy responsibility of breaking through the index must be the core main line concept.

After all, only the core main line concept can carry large-scale funds and accumulate enough money-making effects and market popularity.

Moreover, at this current juncture.

This main line concept that can bear the task of breaking through must also be at a fully adjusted low position, must have huge market prospects and future imagination space, and can quickly awaken investors' huge investment enthusiasm and follow-up emotions at the moment of market changes.

In other words, this must be a concept hype main line with solid logic.

And the entire market meets this condition...

Su Yu thought about it and browsed a lot of market information from various industries. Finally, a pair of eyes stared at many stocks in the "Apple supply chain" of the two cities.