Chapter 842: The Securities Sector Is Approaching the Daily Limit!
Seeing the state of the two markets at the beginning of the call auction.
Especially seeing the hot securities sector, almost all of them opened at the daily limit.
Inside and outside the market, hundreds of millions of investors, whether they are institutional main players, hot money big players, or retail investors, are all extremely shocked.
Everyone thought that the market would open sharply higher, but they didn’t expect it to be such a high opening.
"Fuck, the whole 'big finance' main line sector is completely crazy, right?" At 9:16, in Yuhang, Yuhang Investment Company, in the main fund trading room, Wang Can, who had been observing the changes in the market, was shocked and completely unbelievable, "Isn't it the expected good news? Why are there collective daily limits? Has the market developed to such a crazy level? The Shanghai Composite Index is going to go straight to 4,000 points!"
With Wang Can's exclamation...
Zhao Lijun, who was sitting next to him, stared at the opening scene of the two markets, and was inevitably shocked in his heart, saying: "This opening scene, even if it is just the scene at the initial opening moment, is also beyond expectations. It's crazy. The securities sector can still hit the daily limit at this height?"
"The securities sector is obviously impossible to maintain the rise "Zhu Tianyang took over and said, "In the past month, if we talk about which main line in the market has the most accumulated short-term and medium-term profit-taking, it is undoubtedly the securities sector. This round of interest rate cuts and reserve requirement cuts by the central bank has been heard several times before, and most domestic institutional groups have also expected it. To be precise, the benefits of this interest rate cut and reserve requirement cut by the central bank are not beyond expectations at all.
In this way, the market dares to open sharply higher today.
Especially the main line of "big finance" that has already been somewhat expected, securities, banks, insurance, and Internet finance, as long as they dare to open sharply higher.
Then, I believe that the short-term and medium-term profit-taking funds accumulated seriously inside will definitely be quickly profited and stopped.
Therefore, it is highly likely that as the call auction time enters 9:20 later,' The heat of the main line of 'big finance' should drop rapidly. "
"But... it doesn't look like a false bidding." Wang Can said, "It feels like the orders chasing and grabbing securities and stocks are all real orders."
Liu Yuan turned around at this time and took over the conversation and responded: "Whether it is a real order or a false order, it can't change the expected situation that after the central bank's interest rate cut and reserve requirement cut news landed, the market saw good news and good news was exhausted, and it can't change our trading strategy of continuing to reduce positions and stop profits. "
"Hehe, it's better if it's not a false order." At this time, Zhang Guobing also responded, "The higher the opening, the more conducive it is for us to reduce positions and stop profits. The stronger the current market's bullish sentiment, the more it can cause after the opening of the market. 'Big Finance', 'Big Infrastructure', 'Military Industry', 'Film and Television Media' The stronger the liquidity of the core main line of funds and the liquidity of the market, the more relaxed we will be in reducing our positions.
And what Manager Liu said just now is right.
The most important thing in stock trading is expectations.
At this moment, when the news of the central bank's interest rate cut and reserve requirement ratio cut landed, it is actually the moment when the market sentiment is the strongest and the moment when expectations are fulfilled.
Further analysis, after the news of the central bank's interest rate cut and reserve requirement ratio cut landed.
Will there be greater benefits in the market in the short term? For the time being... it seems that there is no expectation in this regard, and there are no traces of news, right?
In this case, it means that from this moment on, for a period of time in the future.
The expectations of the market will inevitably show a process of gradually falling from high to low, that is, after the market expectations reach the current short-term peak, they will inevitably decline in the future.
Since expectations are bound to decline, the stock price, which is mainly supported by expectations, will naturally not be much better.
So, taking advantage of the current market benefits and high liquidity, I think we have to further speed up the pace of reducing positions and taking profits, complete the strategic planning of reducing positions and taking profits as soon as possible, and reduce the positions of our fund products to the position specified by General Manager Su some time ago. "
"Well, Guo Bing's analysis makes sense." After listening to the discussion of several people, Li Meng, who had been staring at the two markets without saying a word, smiled and said, "The more expectations are fulfilled and the market liquidity is enhanced, the more beneficial it is for us. It should be said that today is the best trading window for us to reduce positions and take profits. Of course, at this time, although it is the best window for us to reduce positions and take profits, when we increase our speed of reducing positions and taking profits, we must be careful to avoid the data of the Dragon and Tiger List of the two markets. After all, once we expose the motivation of reducing positions and taking profits at this time, the strong follow-up will instantly affect the implementation of our trading strategy. "
"Okay. "Everyone nodded and told the traders behind them to follow the instructions.
While they were discussing...
At this time, the market's call auction trading time had already entered 9:20.
I saw the changes in the matching orders at the beginning of the call auction, as well as the impact of many false pending orders that were quickly withdrawn before 9:20.
The real call auction situation finally presented by the market did not fall much from 9:15.
In the main line of 'big finance', the securities sector and the Internet finance sector still maintained an 8% increase that was close to the daily limit, while the banking and securities sectors also opened high at around 5%.
As for the industry sectors in the two popular main lines of 'big infrastructure' and 'military industry'.
The two major industry sectors of construction decoration and building materials opened higher by about 3%; the major industry sectors of machinery and equipment, commercial real estate development, steel, public transportation, and non-public transportation also opened higher by more than 2%. The 'National Defense Industry' industry sector also opened higher at a 3% increase.
As for other related industry sectors and concept sectors in the main line fields such as ‘big consumption’, ‘non-ferrous cycle’, ‘petrochemical industry’, ‘pharmaceutical business’ and so on.
Most of them opened higher with an increase of 0.5% to 1.5%.
In general, although the market situation of the two cities presented at this moment is slightly lower than the market situation of the two cities at 9:15, it is still an obvious trend of opening significantly higher, and the two cities are united. The industry sector and the concept sector, stimulated by the major benefits of interest rate cuts and reserve requirement ratio cuts by central enterprises, have maintained a state of no decline since the call auction of the two cities at 9:15.
"Boss, this opening call auction situation is a bit too crazy." At 9:22, after the two cities entered a call auction state with truly irrevocable orders, the main fund trading room in Zexi Investment Company, Shanghai, Zhou Kan, who had been keeping an eye on the market, still couldn't hide his shock. He said with emotion, "Our fund products have already reduced a lot of positions. Unexpectedly... the net value has reached a new high now."
If the market really follows this collective bidding pattern, it will reach the moment when it officially opens.
Then the net value of their company's main fund products is expected to rise even higher.
Xu Xiang heard Zhou Kan's emotion, and a very surprised look appeared on his face regarding the current market's entire collective bidding trend and the sharply higher opening.
He also didn't expect a benefit that could be said to be almost within expectations.
It can actually cause such a big impact on the market that is already at a high level in the short and medium term, driving the market to open higher by this range.
This shows that the potential long power outside the market is still very strong.
It also shows that if there is a large accumulation of short- and medium-term profit orders in the market, as well as a large number of unwinding orders in the past two months, as well as a large number of loose hold orders, we can obtain profits in the next period of time. Thorough cleaning, or relatively clear.
Then, after the market's internal chip structure has stabilized again.
It will definitely be possible to travel lightly and achieve a more beautiful and powerful bull market rise.
Of course, this is the trend in his ideal state.
Put it in perspective...
He believes that under this major positive trend, no matter how much the market opens higher, it will not be able to restore the result of the loosening of the market chip structure and the realization of profit-taking benefits.
"Although the market opened higher than expected," Xu Xiang said, "however, the actual chip structure of the market has not changed. Moreover, the implementation of major and positive news will actually cause the subsequent market expectations to fall and give the market upward momentum." This has caused heavier pressure, so our strategy of continuing to reduce positions and take profits remains unchanged. We cannot be blinded by the hot current market conditions and get caught up in the prosperity of this performance.”
"Yeah!" Zhou Kan nodded and responded, "That's true."
Xu Xiang paused and then said: "But opening so high has stimulated the market's long sentiment to the maximum extent, attracting to the maximum extent those potential investors who were short before, or who wanted to increase their positions but did not. It’s also good that long funds provide the market with higher liquidity, which makes it easier for us to reduce our positions and take profits.”
With the sound of his voice...
The trading time of the market, unknowingly, has reached 9:25, and the collective bidding in the two cities has ended.
I saw a collective bidding process lasting ten minutes.
In the end, the Shanghai Index was set at an increase of 1.95%, opening nearly 2 points higher. At the same time, it directly crossed the 3800-point mark and had the momentum to directly hit 4000 points. Others... Shenzhen Index, GEM Index, Small and Medium-sized Enterprises Index The index also opened significantly higher than the 1% increase.
As for the A50 index, which is most closely related to 'big finance' and most of its constituent stocks are big financial weight stocks, it opened directly higher at a 2.23% increase, once again forming a large upward gap, showing A very strong market pattern emerged.
In addition to the opening performance of the market's major core indexes...
There are many popular main lines in the two cities, many industry sectors, concept sectors, and even the performance of core weight stocks and popular concept stocks.
I only see the main line of ‘big finance’, as the direct beneficiary of the central bank’s interest rate cuts and reserve requirement ratio cuts.
Naturally, it opened sharply higher across the board, leading the entire market.
Among them, the securities sector index opened higher at 7.68%, and more than 6 stocks of all securities stocks exceeded the daily limit.
The opening increase of the Internet financial sector index was similar to that of the securities sector.
Among them, three stocks, 'Great Wisdom', 'Flush' and 'Oriental Fortune', all opened with a one-word daily limit.
Behind the main line of ‘big finance’.
In the main areas of 'big infrastructure' and 'military industry', at the last minute before the call auction ended, the 'commercial real estate development' sector suddenly surged higher, squeezing into the two sectors after the securities, banking, and insurance sectors. Ranking fourth on the city's growth list, it is at the forefront of the growth lists of the main industry sectors of "big infrastructure" and "military industry".
As for other non-popular main line related industry sectors and concept sectors.
The higher opening range is basically similar to the increase of the corresponding market index.
In terms of the performance of popular weighted stocks and popular concept stocks, ‘Huaxin Securities’ opened with a sharp increase of 7.11%, while ‘Huaxin Securities, Harbin Investment Capital, and Western Securities’ several popular securities sectors were all in a state of daily limit.
It is the ‘new stock’ sector.
Due to the flat opening performance of the two big monster stocks ‘Lanshi Heavy Equipment and Huake Shuguang’, the entire ‘new stock’ industry sector has become a weak sector with a relatively lagging high opening increase in the two markets.
However, even if there is a local weakness.
Overall, the opening performance of the two markets is still significantly beyond the expectations of market investors.
Moreover, the overall general rise trend is presented. At the moment when the call auction ends, there are nearly 1,700 stocks in the two markets that maintain a red market and rise.
It can be said that the market’s money-making effect reached a climax at the beginning.
Facing such an opening scene in the two markets, the mood of the vast investor group inside and outside the market is not only excited, but also enthusiastic.
"Fuck, fuck, the market is going crazy today."
At 9:26, many retail investors gathered in the stock discussion area of the trading platform and shouted excitedly.
"It's a gap-up opening, too strong, it will definitely go crazy."
"I feel that the expectation of the Shanghai Composite Index hitting 4,000 points does not have to wait until the end of the month. Today... maybe we can see the Shanghai Composite Index hitting 4,000 points directly."
"I have this strong feeling too."
"Oh my god, the securities are going to collectively hit the daily limit. The call auction of the 'Huaxin Securities' check directly traded 550 million yuan of funds."
"It feels that the market will have a huge transaction volume today."
"Volume and price rise together, haha... no problem."
"Increase positions, increase positions... At this time, I really want to have unlimited funds."
"There is gold everywhere, but it's a pity that the position is full and the conditions for on-site financing are not met."
"Alas, I just sold the securities stocks last Friday. I regret it so much. Should I buy them back now? The feeling of missing out is really uncomfortable."
" Get it back, you must get it back, otherwise it will be more uncomfortable to chase it later. "
"I understand, who said the market would adjust before? I sold a lot of chips, damn..."
"Haha, full of securities stocks, this time, it's really cool."
"This opening is really explosive, just wait and see, in 10 minutes, the securities sector will definitely rise collectively, and I am optimistic that the securities sector will continue to double in December."
"'Big Finance' is really strong, I feel that doubling is the minimum."
"Damn, I'm going to raise money to continue buying stocks. The market is so high, I'm really jealous."
"Haha, at this stage of the stock market, making money is as easy as eating and drinking. It really proves the saying that in a bull market, buying is making money."
In the extremely hot and intense exchanges among the crowd...
In a flash, the 5-minute trading suspension time passed.
In the countless pairs of eyes full of expectations, 9:30 arrived, and the two markets ushered in the formal continuous bidding transactions.
When the stagnant market began to trade again, under the fermentation of extreme bullish sentiment, in just a moment, the securities, banking, insurance, and Internet finance sectors, which had already skyrocketed, all surged rapidly again. Especially the securities and Internet finance sectors, the component stocks within them formed a crazy limit-up trend at the moment the market officially opened, attracting countless funds and countless investors to follow suit. (End of this chapter)