Chapter 853 The Market Crash Caused by the ‘Yuhang System’!
The market just started to jump.
After the emotions brewed, the panic selling that increased sharply once again poured out, suppressing the two markets to continue to decline.
At 1:02, the Shanghai Composite Index fell further to more than 2.5%. At the same time, in the morning market, the main line areas such as "big consumption", "pharmaceuticals", "non-ferrous cycle", "petrochemicals", "mobile Internet", and "smartphone industry chain", which had once been relatively resistant to declines, began to increase rapidly at this time.
At 1:10, the Shanghai Composite Index fell to around 2.80%, and at this time, the intraday decline of the A50 Index had expanded to more than 3.5%.
At the same time, the two major weighted sectors of banking and insurance fell by 3% during the day.
The intraday decline of the securities and Internet finance sectors has reached about 5%. Within the two major sectors, the total number of stocks that have fallen to the limit has exceeded 7.
And at this time, a number of industry sectors in the two cities.
Only the two major industry sectors of "complete automobiles" and "food and beverages" can still maintain a red market.
The rest of the industry sectors have all fallen underwater.
As for the concept theme sectors of the two cities, only the three major concept sectors of white goods, retail, and automobiles have maintained a slightly red market, and the rest have all shown a clear downward trend.
Among them, Internet finance, new stocks, and military-related concept sectors led the decline of the concept sectors of the two cities, all of which fell by more than 4.5%.
At 1:15, the Shanghai Composite Index fell close to the 3% mark.
At 1:20, the A50 Index fell close to the 4% decline position. At the same time, the Shenzhen Index, the ChiNext Index, and the SME Index also expanded their daily declines to the range of 2.5% to 2.8%.
At 1:30, the daily turnover of "Huaxin Securities" reached the 11 billion mark, which was smaller than yesterday, but the decline on the market was further expanded to 5.32% under such a volume trend.
At the same time, the decline of ‘Huaguo Construction’ has expanded to 5%.
The share price of ‘Huagong International’ has begun to hit the limit.
Even the two major weight stocks ‘Huaguo CNR and Huaguo CNR’ have also expanded their market declines to about 5%.
The entire ‘big finance’ main line, ‘big infrastructure’ and ‘military industry’ main lines have all suffered a sharp drop and have been continuously sold off by huge amounts of selling.
Of course, the ‘new stocks’ sector and the ‘film and television media’ sector are not much better.
After the two new stocks ‘Hua Ke Shuguang’ and ‘Lanshi Heavy Equipment’ have hit the limit in succession, in the new stocks sector, there are now 5 stocks that have hit the limit.
In the ‘film and television media’ sector
At this moment, many stocks that were hotly speculated by funds in the early stage, such as "Huace Film and Television", "Ciwen Media", "Yanjing Culture", etc., have also expanded their market declines to more than 5%. Among them, "LeTV" has even collapsed to a decline of 7%.
If it were not for the support of the two major concept themes of "mobile Internet" and "smartphone industry chain".
At this moment, the market declines of the ChiNext Index and the Small and Medium-sized Index are estimated to have caught up with the Shanghai Composite Index.
At 1:40, the Shanghai Composite Index fell by 3%, and the A50 Index, at this moment, has expanded its market decline to 4.5%.
At 1:45, the intraday decline of the securities sector began to stabilize at around 5.5%, but the main line areas such as "big consumption", "pharmaceuticals", "mobile Internet", and "smartphone industry chain" that are relatively resistant to declines, a number of concept stocks and core component stocks, began to dive at this time.
At 1:50, all industry sectors and concept sectors in the two cities turned green, without a single red plate.
At 2 p.m., the Shanghai Composite Index fell by 3.17%. The panic selling situation in the two markets was further enhanced, and the two markets began to form a unilateral plunge. All the main lines, whether popular or unpopular, the active acceptance funds within the sector were rapidly reduced.
At 2:15, the Shanghai Composite Index fell rapidly to more than 3.5%, losing 3,700 points.
At the same time, the A50 index fell by nearly 5% during the day.
In the entire "big finance" main line field, the securities sector and the Internet financial concept sector, the two major indexes, fell by about 5.5% during the day, and within the two major sectors, several leading stocks that were previously hyped by various funds and belonged to the core stocks of the "Yuhang system" have now been locked up. The tragic situation is self-evident.
As for the two major weight sectors of banking and insurance.
The decline of these two major industry sector indexes has also expanded to around 3.5% at this moment.
Among them, the stocks of the four major banks, Huashang Bank, Huaguo Bank, Huanong Bank, and Huajian Bank, are relatively stable, hovering in the intraday decline range of 2.5% to 3%, while the second-tier bank stocks, such as Industrial Bank, Pudong Development Bank, Yuhang Bank, Ping An Bank, Minsheng Bank, etc., have expanded their market declines to around 4%, which is weaker than the Shanghai Composite Index.
Moreover, the main line of the entire "big finance" has been in a unilateral plunge throughout the day.
The main funds in this core main line area also fully show a trend of large net outflows.
This has not yet closed, and the total net outflow of main funds in the four core sectors of the entire "big finance" has reached a terrifying amount of 8 billion.
This shows that a large number of main funds are in the main line of large-scale profit-taking and liquidation of individual stocks.
Of course, in addition to the core main line of "big finance".
At this moment, the two core main lines of "big infrastructure" and "military industry" are not much better.
In the entire main line of "big infrastructure".
The most core "building decoration, building materials, steel, commercial real estate development, public transportation, non-public transportation" core industry sector indexes, all fell by more than 3.5% during the day, all weaker than the performance of the Shanghai Stock Exchange Index, and all underperformed the market index.
And the three major industry sector indexes of building decoration, building materials, and non-public transportation.
The intraday decline has plummeted to more than 4.5% at this moment.
Among them, a large number of related hot stocks, such as 'Yingkou Port, Beijiang Communications Construction, Shibei Hi-Tech, Huagong International, Huaguo Zhongye, Bayi Steel, Huaxin Cement, Shanghai Construction Engineering...', have been locked up. In the entire main line field, the number of stocks that have hit the limit has exceeded 20.
Of course, most of them are stocks that have been bought by the main capital of the 'Yuhang system'.
In addition, in addition to a number of related concept stocks that have hit the limit.
In the entire 'big infrastructure' main line field, the total buying and selling of the main capital also showed a trend of large net outflows. The total net outflow amount within the day has reached 5.5 billion at this moment.
In addition to the net outflow of the main capital in the entire 'military industry' main line field.
The total net outflow of the main capital in the three core main lines of 'big finance', 'big infrastructure', and 'military industry' has exceeded 15 billion.
With such a huge net outflow of main funds, how could the corresponding sector index and individual stock prices not fall?
"Alas, the Shanghai Composite Index failed to hold the 3,700 point today." At around 2:20, in the Magic City, in the Yinghui Fund Company, in the main fund trading room of 'Yinghui No. 1', Yu Lei, the fund trading team leader, looked at the market trend of the two markets, which had already plummeted and even plummeted unilaterally, and sighed helplessly, saying, "The entire core line of 'big finance', 'big infrastructure', and 'military industry' has been sold off by the main fund group. This trend... is really tragic."
Next to Yu Lei, Liu Guanhai, the fund manager who also stared at the big screen of the trading room, responded: "This is an avalanche caused by the comprehensive reduction of positions and profit-taking by the main funds of the 'Yuhang system'. In today's market, all the stocks that the 'Yuhang system' had held were sold off and sold off by various main funds. The entire market's 'Yuhang holdings concept stocks' are horrible."
"Yes!" Yu Lei continued to sigh, saying, "Fortunately, we changed our trading strategy immediately yesterday and carried out large-scale reduction operations, otherwise... with the current market trend, the net value of our fund products will not be easy to retrace."
"It is also a win that the scale of the fund products we currently manage is not very large." Liu Guanhai laughed, "It is easy to turn around if the ship is small. If it is a large fund product with a scale of more than 10 billion, it is difficult to exit safely if there is no corresponding reduction and profit-taking trading strategy in advance."
Yu Lei nodded and said: "So, at this moment, there are still large funds and large funds concentrated in the two core main lines of 'big finance' and 'big infrastructure'. The big institutions must hate the core main institution "Yuhang System" at this moment. If it weren't for the high-profile shipment of "Yuhang System", the market would not have fallen like this today, and the two core themes of "big finance" and "big infrastructure" should also be able to support for a short period of time under the influence of the news of the central bank's interest rate cut and reserve requirement ratio cut, so that all funds can exit the market safely.
However..."
Yu Lei paused and said, "I'm thinking, the core main institution "Yuhang System", according to everyone's calculation of the holding scale of this main fund in the main fields of "big finance" and "big infrastructure", this main fund holds at least 200 billion of the main chips of "big finance" and "big infrastructure".
Such a huge amount of holdings, they are so unscrupulous on the Dragon and Tiger List Sell.
Doesn't it also harm their own interests?
Everyone knows that the trading seats related to the 'Yuhang system' have a huge impact on the overall investment sentiment and speculation sentiment of the market.
Their public selling will not further attract a large number of capital groups in the market to follow suit and sell, which is equivalent to shooting themselves in the foot?
Everyone follows the trend and sells at a lower price.
It is estimated that they will not have a good price themselves, and there will be plenty of time and space to calmly reduce their positions! "
Liu Guanhai heard the doubts in Yu Lei's heart, pondered for a while, and said: "Based on my understanding of Mr. Su of the 'Yuhang system', since he dared to expose his seat so publicly on the Dragon and Tiger list of the two cities, let the funds and investor groups in the entire market know that he has reduced his positions on a large scale in the main line areas of 'big finance' and 'big infrastructure'.
That can only prove one thing.
That is, the main capital group of the 'Yuhang system' has completed the corresponding trading strategy and completed the safe exit of a large number of holdings before their trading seats were listed on the Dragon and Tiger list of the two cities on a large scale. "
"Isn't it possible?" Yu Lei said, "That's a chip position of more than 200 billion. If the trading seat has really left the market safely before it appears on the Dragon and Tiger list, then this 'Yuhang system' 'The main funds are not allowed to start reducing positions and taking profits half a month in advance?
Half a month in advance..."
Yu Lei thought for a while, and at that time, the market was experiencing a full breakthrough.
It is the time when everyone is focused on bullish sentiment and shouts that the Shanghai stock index will reach 4,000 points or even 4,500 points by the end of the year.
"Nothing is impossible." Liu Guanhai said, "Based on my understanding of this 'Yu Hang Department' President Su, this is definitely a high probability."
"If that's the case..." Yu Lei said, "Then Mr. Su is too scary."
Liu Guanhai said: "Whether it is true or not, we will know after a while when the main fund products related to the 'Yu Hang Series' announce their net worth."
While the two were talking, the Shanghai stock index continued to plummet.
At the same time, the A50 index's current market decline has expanded to more than 5%.
Among the two cities, the main areas of 'big finance', 'big infrastructure', 'military industry', 'sub-new stocks', and 'film and television media', where major financial groups gathered in the early stage, were completely abandoned by the main funds. The declines in the corresponding concept sector and industry sector indexes are expanding, and the corresponding declines in core stocks and weighted stocks are also expanding. At the same time, the net outflow of main funds in several major main areas continues to expand rapidly.
At the same moment, it was right next door to the ‘Yinghui No. 1’ fund product.
In the trading room of the ‘Yinghui No. 2’ fund product.
As the fund manager of the 'Yinghui No. 2' fund product, Shao Xiaoyun frowned deeply as he stared at the changes in the two markets.
Although his previous trading strategy plan that wanted to further concentrate his positions in the two core main areas of 'big finance' and 'big infrastructure' was forced to give up under the persuasion of the trading team leader Liu Changling, the core positions of their fund products were It is still within the two main areas of 'big finance' and 'big infrastructure', and there is no time to withdraw across the board.
At this moment, the net value has retraced significantly, which can be said to be a heavy loss.
"Alas..." Shao Xiaoyun sighed helplessly and said, "The net value of the fund has fallen sharply, and the performance has fallen out of the top 100 of the annual net value rankings of private equity funds in the industry." The market influence of major institutions is really terrifying. However, just one action of reducing positions and taking profits actually dropped the Shanghai stock index below 3,700 points, causing panic selling in the entire main line areas of 'big finance' and 'big infrastructure'. situation."
Hearing Shao Xiaoyun's rather helpless voice, Liu Changling, the leader of the trading team, looked quite calm and responded: "The 'Yuhang Department' organization has past historical transaction records and has accurately grasped the market's changing nodes every time. , with such an undefeated record, the market influence must be terrifying.
This time, the ‘Yu Hang Series’ was publicly sold on a large scale on the Dragon and Tiger List.
That is undoubtedly a reminder to the entire market that the capital groups gathered in the main areas of 'big finance' and 'big infrastructure', including institutions, hot money, and retail investors, have reduced their positions on a large scale and stopped profits, and reminded these funds to escape from these two core main lines. areas to avoid trampling on each other.
Currently looking at...
No matter what kind of psychology and motivations the 'Yu Hang Group', the main force of funds, has, it is not optimistic about the market conditions of the two main lines of 'big finance' and 'big infrastructure'.
No matter what the reason is, since the two core themes of ‘big finance’ and ‘big infrastructure’.
A certain degree of stampede has now formed.
Then what we can do is to escape as soon as possible and quickly reduce our positions and escape. "
"Yes!" Shao Xiaoyun nodded, "It is meaningless to think about the past at this time. Let's continue selling while the liquidity of the two core main lines of 'big finance' and 'big infrastructure' is still very abundant. , sell chips on a large scale, and try to take profits and withdraw as quickly as possible to ensure our early profits.
Liu Changling nodded, and without waiting for Shao Xiaoyun to continue his instructions, he immediately ordered the traders behind him.
Sell chips in the main areas of ‘big finance’ and ‘big infrastructure’ on a large scale, regardless of cost.
And at the same time.
There are also countless institutional groups, large hot money investors, and retail investor groups who have adopted the same operating strategy as them, and the same large-scale reduction of positions and profit-taking strategies.
And just like these various capital groups, under the influence of the "Yu Hang Group", the main institution, has reduced its positions and stopped profits on a large scale.
At a time when people are quickly fleeing from the main areas of ‘big finance’ and ‘big infrastructure’.
As time passes by subsequent transactions.
The volume of active buying and selling in the core main areas of the market such as 'big finance', 'big infrastructure', 'military industry', 'sub-new stocks' and 'film and television media' is increasingly unbalanced.
And this completely unbalanced state continues to develop...
As a result, the market began to form a complete unilateral plunge in the late trading stage after 2:30, which also caused the decline of 'big finance', 'big infrastructure', 'military industry', 'sub-new stocks', and 'film and television media' Several core main line areas set off a trend of bottom-down trend in late trading. (End of chapter)