Chapter 854 The Core Theme of the Market's Total Collapse!

Finally, when 3 o'clock in the afternoon came, the two markets welcomed the closing time.

The Shanghai Composite Index was set at a drop of 4.33%, directly falling below 3,700 points and approaching 3,600 points. The Shenzhen Composite Index and the ChiNext Index fell slightly less than the Shanghai Composite Index, but also reached 4%. As for the A50 Index, which has the strongest correlation with the main lines of the "big finance" and "big infrastructure" that plummeted across the board, it finally closed at a drop of 5.45%, and completely broke the K-line trend.

In addition to the performance of the major indexes in the two cities.

The market's core hot main lines, as well as the corresponding industry sectors, concept sectors, and a number of popular stocks and weighted stocks.

Only the three main lines of "big finance", "big infrastructure" and "military industry" were seen.

Today, under the negative influence of the large-scale reduction of positions and profit-taking by the "Yuhang system", the overall plummeted.

Among them, in the main field of ‘big finance’, the securities sector plummeted 5.75% at the close, and the two major weighted industry sector indexes of banking and insurance plummeted 4.11% and 4.23% respectively. The Internet finance sector index also plummeted 5.83%. Many concept stocks within the sector fell to the limit.

In the main field of ‘big infrastructure’, the two core sector indexes of ‘building decoration’ and ‘building materials’ fell by more than 5%, and the rest of the relevant industry sector indexes such as ‘commercial real estate development, steel, machinery and equipment, public transportation, non-public transportation, port shipping…’ mostly closed with a drop of 3.5% to 5%.

The market performance of the entire ‘big finance’ main line is slightly better than that of the ‘big finance’ main line, but it is also very limited.

As for the performance of the ‘defense and military industry’ industry sector.

The closing price of this industry sector index reached 5.86%, leading the decline of the industry sector indexes in the two cities.

And within the entire sector, among the constituent stocks.

A total of 8 stocks hit the limit down at the closing time, and the market performance was extremely tragic.

Similarly, although the market performance of the "new stocks" sector and the "film and television media" sector was relatively better than the popular main lines of "big finance", "big infrastructure", and "military industry", it was also very limited. They all closed down 4.05%, and there was a trend of limit down within the sector.

On the contrary, in the main line areas such as "big consumption", "non-ferrous cycle", "pharmaceuticals", "mobile Internet", and "smartphone industry chain", although these main line-related industry sectors failed to maintain the red market in the end, the overall performance was obviously stronger than the Shanghai Composite Index and the performance of major market indexes.

Especially the two major sectors of automobile complete vehicles and white household appliances in the field of "big consumption".

In the case of a general plunge in the entire market, the sector index of these two sectors only fell slightly by 0.42% and 0.39%, showing a trend of leading the industry sectors and concept sectors in the two cities.

As for the hot stocks that have attracted much attention and heated discussions from the investor groups in the two markets.

‘Huake Shuguang’ and ‘Lanshi Heavy Equipment’ hit the limit down.

‘Western Securities’, ‘Tonghuashun’, ‘Dazhihui’, ‘Huake Jincai’, ‘Yingkou Port’, ‘Shanghai Steel Union’… Most of the hot stocks closed at the limit down.

Judging from the performance of the hot stocks in the two markets…

The tragic situation of the market today can be fully reflected.

Among the top 20 stocks in the hot rankings of the two markets, 16 stocks closed at the limit down today.

Faced with such tragic closing results in the two markets, the vast investor groups in the two markets are very disappointed.

In fact, many investors, when the ‘Yuhang system’ swept the Dragon and Tiger Lists of the two markets yesterday, had already thought that today’s market trend would not be very good, and there would be a high probability of violent fluctuations, or a sharp correction, but no one expected this kind of overall plunge.

No one expected that the market trends of the three core themes of "big finance", "big infrastructure" and "military industry" would be so greatly affected by the large-scale reduction of the main funds of the "Yuhang system". You must know that the central bank has just cut interest rates and reserve requirements, and the positive impact has not yet passed. Moreover, the core theme of "big finance" directly benefits from the central bank's interest rate cuts and reserve requirement cuts.

"Alas, today is really a sharp drop. The three stocks held have all hit the limit."

After the two markets closed, under the huge loss effect, a large number of retail investors gathered in major stock investment exchange forums, communities, and forums on the entire network, all sighed helplessly.

"The stocks I hold also hit the limit down today. It's really tragic."

"The last time the market trend was so tragic was on the 10th of last month. Sigh... Does it have to happen every month?"

"Today is more tragic than the 10th of last month!"

"Why do I feel okay? The stocks I hold today still made money."

"In fact, although the market today is a situation of a sharp drop, the main stocks that fell hard are the stocks that were heavily held by the main funds of the "Yuhang system" previously managed by General Manager Su. Other stocks in the fields of "big consumption", "nonferrous cycle", "mobile Internet", and "smartphone industry chain" have basically not fallen much."

"That's right. The entire Yuhang system's concept stock sector is about to hit the limit down today."

"Alas, it's mainly because other major funds in the market are afraid that General Manager Su will continue to smash the market, so they are following suit and selling at all costs, which directly crashes the market."

"The benefits of the central bank's interest rate cuts and reserve requirement ratio cuts have come out, but the market has been experiencing tragic trends for two days in a row. It's really outrageous."

"It feels like I'm being cut off!"

"I also rushed in this morning after the central bank lowered interest rates and reserve requirements yesterday. Alas... I hit the limit twice in a row. I'm really going to die!"

"By the way, why does the 'Yuhang Department' headed by President Su reduce its holdings on a large scale at this position?"

"There is no doubt that every time Mr. Su appears on the Dragon and Tiger list and reduces his holdings on a large scale, the market has reached its peak in the short to medium term."

"With today's decline in the Shanghai Stock Exchange Index, it feels like it has already broken through, right?"

"The level should not be broken yet, but in the short term, it will be difficult to return to above 3,800 points."

"At this time, don't think about 3,800 points. During this wave of the Shanghai Stock Exchange Index, it feels like it will be good to stand firm at 3,500 points. The main fund of the 'Yu Hang Series' managed by Mr. Su has a position size of more than 200 billion. Once this happens If the large-scale sell-off continues... I feel that the Shanghai Stock Index cannot hold up to 3,500 points.”

"This is a bull market. Mr. Su's 'Yu Hang Series' main fund shouldn't be liquidating its holdings, right?"

"I don't think so either. It's probably a position adjustment."

"Yes, I think there is a high probability that Mr. Su is adjusting his positions. Looking at today's market, 'big finance', 'big infrastructure', 'military industry', and 'film and television media', which were the core main lines of Mr. Su's large-scale positions in the past, are stagnant at low levels. The main lines of "Big Consumption", "Non-ferrous Cycle", "Mobile Internet", and "Smartphone Industry Chain" have obviously different trends. It is very likely that Mr. Su is selling out the chips on the high main line in the early stage and increasing the chips on the low main line. "

"Today's market does have signs of 'high-low switching'."

"It shouldn't be that simple, right? If the main funds of the 'Yu Hang Series' managed by President Su are adjusting positions, there is no need to sell in such a hurry!"

"It makes sense. Such a large-scale eager selling is definitely abnormal."

"Anyway, since the trading seats related to the 'Yuhang Series' fund products managed by Mr. Su have appeared on a large scale in the selling seats on the dragon and tiger lists of the two cities, let's reduce our positions first and see the real trend of the market. , it’s always right.”

"Yes, I think so too. There is absolutely nothing wrong with reducing positions first to avoid the risk of a market correction and decline."

"Anyway, I am determined to follow Mr. Su's operation. If Mr. Su increases his position, then I will increase his position. If Mr. Su reduces his position on a large scale, then I will reduce his position on a large scale."

"The specific situation of the 'Yu Hang Department' under the leadership of President Su will be known later on the Dragon and Tiger List."

"With the market going like this today, there is a high probability that the 'Yuhang Department' led by President Su is still selling off on a large scale, right?"

"It is difficult to say that today's comprehensive collapse of the three core main lines of 'big finance', 'big infrastructure' and 'military industry' is caused by many reasons."

"I actually think that the collapse of the core main lines of 'big finance', 'big infrastructure' and 'military industry' has nothing to do with the reduction of positions of the main funds of the 'Yu Hang Group' managed by President Su. It mainly depends on these few For the main line, too many profit orders have been accumulated in the early stage. If these profit orders are not cleared, it will be difficult for the two markets to move forward under the pressure of huge profit orders. "

"Yes, there is a high probability that the market will correct in the first place. Mr. Su just accelerated the pace and trend."

"Well, I blame myself for not knowing enough about the market. I didn't expect that the central bank's interest rate cut and reserve requirement ratio cut would be such a big plus, but they would turn out to be a bad thing after they were implemented."

"Learn a lesson and be careful next time this happens."

"Next time, no matter whether it is good or bad, as long as the market expectations have been fully met, you must leave the market before the news comes to light."

"Is this what is called stock speculation and speculation?"

"That's pretty much it."

"Actually, it can't be that much. The impact of good news and bad news on the market also depends on whether the market is at a high or low level before the news comes out."

"Now, is the market considered high or low?"

"Personally, I think that if we take the short and medium term as the criterion, then the current market position is definitely at a relatively high level, so there will be a situation where all the good things turn out to be bad. But if we take the long term as the measure, then I think the current market position is definitely at a relatively high level. The market is still in a bull market, and the overall bull market logic of the market has not declined, but is getting stronger and stronger. After all, infrastructure, finance, military industry, mobile Internet, smartphone industry chain...these main-line related industries, The fundamentals are indeed changing rapidly.”

“Agree, I’m bullish in the long term and bearish in the short to medium term.”

"Since we are bullish in the long term, there is no need to rush to sell, right? After all, if we are bullish in the long term, the falling stock price will rise back sooner or later!"

"You can't say that, time costs are also costs!"

"Yes, you can avoid the downward correction, why can't you avoid it?"

"In general, it is more reliable to follow Mr. Su's operation. Anyway, before Mr. Su's myth is shattered, it is definitely the safest to follow Mr. Su's operation."

"The market trend has begun to reverse. Anyway, I don't believe that the index can stabilize at this position."

"There is no doubt that regardless of whether Mr. Su is smashing the market today or not, as long as the main financial groups in the market, gathered in the core main fields of 'big finance', 'big infrastructure' and 'military industry', are still frantically worried about Mr. Su. If the huge chips continue to smash the market, then these main financial groups will definitely sell the market and run away in advance, reducing their positions and taking profits. "

"It feels like this is a prisoner's dilemma!"

"If you enter Big A's trading market, then the prisoner's dilemma is doomed."

"Oh, it's a pity that the shareholding fell to the limit early today, otherwise... I would definitely clear my position and sell it. I really don't understand you. Mr. Su is on the dragon and tiger list. He clearly reminded everyone that he sold it. I didn't expect that everyone is still there. Hesitation, you know, according to Mr. Su's past trading history, usually after Mr. Su buys, the stock price continues to rise, but after Mr. Su sells chips on a large scale, the market falls without exception. "

"Yes, if you ask me, Mr. Su's trading seats appeared on a large scale in the selling seats of the two cities' dragon and tiger lists at the critical moment. Everyone should be grateful to Mr. Su, otherwise... the main funds of all parties would There will definitely be more people harvesting. As for now... Mr. Su clearly reminded everyone to sell. Our retail funds are easy to turn around, but have become the first funds to change strategies and escape. To put it bluntly... What Mr. Su is trying to do is the big money groups who are in high positions.”

"Damn, that seems to make sense!"

"Oh, I will continue to reduce my position tomorrow. If the Shanghai stock index is less than 3,500 points, I will no longer buy back the chips."

Amidst the heated discussions among retail investors across the Internet, the market sentiment gradually turned to divergence and pessimism after the market closed.

The time has slipped to around 5:30 pm unknowingly.

I saw that the financing balances of the two cities and the dragon and tiger ranking data of the two cities were released at the same time.

According to the data disclosed by the market, it can be seen that the financing balance of the two cities has not only not decreased, but also continued to increase by more than 3 billion despite the sharp market decline today.

As for the disclosed data on the dragon and tiger rankings of the two cities...

The trading seats related to the main funds of the 'Yu Hang Series' that were sold on a large scale yesterday were invisible again today and did not appear on the buying or selling seats of any stock.

On today's Dragon and Tiger list, institutions are the main sellers.

Major institutions have sold heavily on a number of core mainline stocks such as 'big infrastructure', 'big finance', 'military industry', and 'film and television media' on the list. In the data of the Dragon and Tiger List of the two cities, the total number of major institutions The net sales volume is even more exaggerated than the sales volume of the main funds of the 'Yu Hang Series' yesterday, reaching about 3.7 billion.

Of course, in addition to the large-scale reduction of positions by institutional groups.

The main hot money players in the market have been fiercely chasing the short-term market trends and relaying on popular concept stocks and leading stocks.

Today, the dragon and tiger lists in the two cities also showed a trend of substantial net sales. The total net sales amount reached a relatively rare 1.67 billion.

That is, if you include net selling by institutions.

Today, there are more than 50 stocks in the dragon and tiger lists of the two cities, with a total net outflow of about 5.37 billion.

This data, compared with the past capital trading volume and performance data of the two cities' Dragon and Tiger Lists, can be said to have set a new history. (End of chapter)