The investment era of rebirth

Chapter 159 The Torn Market

Su Yu briefly browsed through these messages, and replied to Zhao Qiang who was still sending him messages: "Brother Zhao, you are so boastful... I am so embarrassed, don't worry, if I plan to issue the next fund, I will definitely leave you 5000 million fund shares."

"As for eating..."

Su Yu paused, and continued: "Then there's no need, just help me continue to lock the position for at least three trading days."

"No problem!" Zhao Qiang said with a chuckle, "It's still the same sentence, whenever you come out, I will come out whenever you want. If you want a pattern, I will naturally follow your pattern."

Following Su Yu's operation, he was not in a hurry.

Furthermore, Su Yu is so deeply involved in the stock of Shanghai Steel Union, and holds much more bargaining chips than him. Since Su Yu is at this price, he dares to cover his position heavily, and he is not afraid of the follow-up. His emotions are attenuated, and the on-site funds cannot keep up, so he is even less afraid.

Moreover, he believed that Su Yu was in this position, and he dared to speculate the stock price of Shanghai Steel Union.

There must be sufficient logical support and future expectations for this check, and knowing the current stock price of this check will definitely support and attract more funds to enter the market.

During the discussion between the two, the market continued to ferment the hot discussion about the Shanghai Steel Federation and Huake Jincai.

In the evening, in the midst of this continued fiery mood, the China Securities Regulatory Commission finally sent an inquiry letter to the Shanghai Steel Union, asking whether there were any major positive events that should be disclosed but not disclosed by the controlling shareholder of the Shanghai Steel Union, and whether there were any Incomplete information disclosure leads to suspicion of market capital speculation.

The letter of inquiry issued by the China Securities Regulatory Commission and the questions asked.

Shanghai Steel Union Co., Ltd. responded in a timely manner, and at the same time issued an investment risk reminder to the market investors that the stock price has changed continuously and the valuation has been significantly higher than the average valuation of the same industry.

However, whether it is an inquiry letter from the China Securities Regulatory Commission or an investment risk warning issued by the company.

At this moment, it is impossible to weaken the optimism, chasing, and following the trend of the broad and active short-term retail investor groups in the market.

Even, many investors.

He also began to preconceive the deep involvement of Fortune Road in this check. As a logical deduction point, he deduced that the Shanghai Steel Federation will definitely use the "information consulting service of the black futures market" to develop futures business, and even rely on the powerful "Fuxing Department" The capital strength, horizontal expansion, and the development of "Internet finance P2P business" and other conclusions have directly raised its stock price expectation to 100 yuan, and the expected value of 150 billion market value.

What's more...he directly shouted out the ambition of Shanghai Steel Federation's market value of 500 billion in the future.

all in all……

After the Shanghai Steel Union has gathered a continuous crazy money-making effect and sentiment, many investors who pay attention to this stock and hold this stock.

Began to lose reason, began to ignore the risk.

Start to regard any news about this stock as positive.

And just when this kind of sentiment quickly turned from disagreement to consensus, the attention of the two cities of the Shanghai Steel Federation hit a new high, and countless people shouted 50 yuan, 60 yuan...

On July 7, Wednesday, the last day for the closing of the monthly line is coming.

At 9:15, when the call auction of the two cities began, Su Yu's eyes were once again fixed on the high-profile Shanghai Steel Union.

only see...

The stock price of this stock flickered from 40.51 yuan to 43.75 yuan, an increase of 8.01%. The initial call auction matched 512 lots.

Then, over time.

沪市钢联的股价在43.35元到43.89元之间快速变动，而集合竞价的撮合成交单，也从初始的512手，迅速增至1100手、1315手、1521手……

At 9:16, after 1 minute of trading changes.

The stock price of Shanghai Steel Union once again returned to around 43.75 yuan, and the number of transaction orders for call auctions broke through to 2000 lots.

"I'm in a good mood. It seems... I don't need to place orders to maintain the market." Su Yu stared at the changes in the call auction market of Shanghai Steel Union, and secretly said, "I hope it can be opened between 6 and 8 points!"

After yesterday's floor washing, a large number of profit taking and unstable chips have been washed out.

In addition, the two main core players in the arena at the moment are him and Zhao Qiang.

As long as the mood is not bad, and there is no major bad news on the Shanghai Steel Union itself and the macro market, then the upward pressure on this check is relatively small.

Of course, the upward pressure is small, but it is too high, and there is no limit to the trend of daily limit.

Still not advisable.

After all, at this time, the absolute stock price of Shanghai Steel Union is still very high, and the circulation is not small. It needs continuous turnover and more funds to go further.

Open at 6 to 8 points, and continue to change hands.

It can not only allow many short-term funds that were relayed yesterday to exit the market profitably, but also give many short-term funds that entered today a certain intraday profit expectation, reducing their risk of taking on high positions. Check investors, continue to seal the board's expectations and hopes.

When the stock price is at such an absolute high level, if it opens too high, it will reach near the daily limit.

Investors chasing and following the check have no room for intraday profit expectations. Facing an uncertain tomorrow, their emotional willingness to follow the trend will be relatively reduced.

And this... will cause insufficient undertakings in the market, and the stock price will easily fall from a high level.

If the stock price opens too low, especially if it is lower than 5 points.

Then, when many of the retail investors who got out of the floor yesterday and bought the bottom yesterday have already made relatively rich profits, they will not hesitate to exit the market when they see that the sentiment of following the trend is not strong, and take profits and take profits. At the same time, the off-market funds that intend to chase and follow the trend will weaken their expectations when they see that the market is not particularly strong, causing them to hesitate and dare not enter the market.

So, at this stage and emotional nodes.

In the call auction stage, the Shanghai Steel Federation should not only show a strong call auction situation, but also not be too strong.

Following Su Yu's brief contemplation...

At 9:17, 9:18, and 9:19, the stock price of Shanghai Steel Union has been hovering around 43.75 yuan, and the increase fluctuated between 7.8% and 8.1%, with little change. It has been increasing sharply, and it has reached 5000 hands.

Then, when 9:20 came.

Accompanied by the withdrawal of many investors' trading orders.

At 9:20 a.m., the stock price of Shanghai Steel Union fell rapidly, changing to 43.33 yuan, an increase of 6.98%. The matching orders for call auctions declined from around 5000 lots to more than 2800 lots, of which the price was below 43.33 yuan , and there are 1100 pallet orders presented.

See the 43.33 call auction pending orders below 1100 yuan.

Su Yu was surprised, knowing that after the call auction of the Shanghai Steel Federation, there is a high probability that it will open above the 7-point increase.

After all, there can be 1100 lots of orders, and nearly 500 million yuan of funds can grab orders at this price tray, which is enough to prove that the active short-term main fund groups in the market, in the range of 6 or 7 points, are still willing to chase the chips of the Shanghai Steel Union. very strong.

And this ... is the solid support for the stock price.

as predicted……

Following his guess, at 9:21, the stock price of Shanghai Steel Union gradually moved upwards as active buying continued to increase.

43.35 yuan, 43.45 yuan, 43.55 yuan...

At 9:22, the stock price reached 43.56 yuan, and the volume of call auction orders for matching transactions exceeded 4000 lots.

At 9:23, the stock price of Steel Union on the Shanghai Stock Exchange reached 43.67 yuan, and the volume of call auction orders for matching transactions was able to return to the 5000 lot mark.

At 9:24, the stock price of Shanghai Steel Union broke through to the initial call auction price of 43.75 yuan, and the volume of call auction orders matched for transactions exceeded 7000 lots.

9:24, the last ten seconds.

The stock price of Shanghai Steel Union stood at 43.80 yuan, and the volume of call auction orders for matching transactions was able to reach 8500 lots.

In the end, when 9:25 came, the stock price of Shanghai Steel Union was fixed at 43.83 yuan, an increase of 8.21%. During the entire call auction stage, a total of more than 9300 lots were traded, and the turnover exceeded 4000 million.

And except for the Shanghai Steel Federation...

As the second-best stock in the market that everyone agrees on, Huake Jincai's call auction trend basically converges with Shanghai Steel Union. The stock price opened at 36.74 yuan, an increase of 5.55%.

The entire 'Internet Finance' sector opened up 0.73%, with [-] stocks in the red.

The rest of the popular concept sectors of 'Mobile Game', 'Electronic Information', 'Film and Television Media', and 'Apple Industry Chain', which are dominated by GEM constituent stocks, also opened slightly higher, with a red market range of 0.1% to 0.4% Among them, Netspeed Technology, Fenda Technology, Huaqingbao, and Changqu Technology, which receive the most attention in funds, have a high opening range of 1% to 3%, which is particularly strong.

Thanks to the red market of these concept sectors and the continuous gathering of funds to the GEM.

The ChiNext Index opened slightly higher by 0.18%.

As for the Shanghai Index and the Shenzhen Index, they opened slightly lower. Among them, the Shanghai Index opened 0.23% lower, and its performance is still the weakest among the three major indexes.

As for the concept board on the motherboard...

The petrochemical, steel, coal, and non-ferrous sectors were affected by the continuous decline in thermal coal prices and the continued downturn in the 'black' and 'non-ferrous' futures markets in the OTC futures market, which became the main drag on the main board index's low opening.

On the contrary, the sectors related to 'big finance' and 'big consumption' are slightly red, which seems less pessimistic.

In this opening atmosphere...

Market investors continue to pay less attention to the main board, but they are increasingly focused on the ChiNext.

"Funds are still flowing into the popular constituent stocks of the GEM!"

趁着9点25分到9点30分的短暂5分钟休息时间，交易平台的股票讨论区，有散户感慨道。

"The Growth Enterprise Market is over 1200 points, and the Shanghai Stock Exchange Index is still hovering around 2000 points."

"A blind person can see that the GEM index is obviously stronger than the main board!"

"Hey, the difference between the valuation scissors and the growth scissors of the Shanghai Stock Exchange Index and the Growth Enterprise Market Index was not so large before, but I didn't expect... Since March, institutions have shouted that there is a bubble in the Growth Enterprise Market, and hot money is speculating wildly, breaking market rules. , the scissors difference between the two has become bigger and bigger."

"In March, the ChiNext index was only over 800 points, but now it's almost 50% higher."

"Institutions are harming people!"

"The main board is in the past tense. Let's see what stocks are weighted on the main board. They are all black, big, and thick traditional big guys. In the future, we will pay attention to technology and the 'new economy'. I think the main board is hopeless. At this time, adjust If you are chasing the core stocks on the GEM, you might still be able to have a sip of soup, and no matter how late it is... I’m afraid you won’t be able to drink the soup.”

"Indeed, look at the Shanghai Steel Federation, look at Huaqingbao, Fenda Technology, Netspeed Technology... the big bull stocks that have come out this year are all on the GEM."

"The index has risen by more than 50% since the beginning of the year. Do you think bull stocks can't come from the GEM?"

"Speechless. Looking at the Shanghai Stock Exchange Index, it is still falling this year. The gap between the two annual growth rates is basically about 60%. It's just... the weight of the main board is heavy, and I am so angry."

"It's really two heavens of ice and fire!"

"Hey, I don't believe in these institutions anymore. What's 'core assets' and what's 'big power' are all bullshit. Only the money-making effect is real."

"Seeing that the GEM has been rising, I regret not adjusting my position earlier."

"Me too, I don't even know, why am I still clinging to these big guys who are constantly hitting new lows?"

"Hey, I've been watching Shanghai Steel Union and Huaqing Bao keep doubling and rising. I really want to buy it, but I don't dare to buy it. Why don't I buy it? It keeps going up..."

"Wealth Road said in June that the future market is on the GEM. It's a pity that I haven't heard it."

"Hey, let's cut the meat and adjust the warehouse, the strong will always be strong!"

"Shanghai is in a bear market and the ChiNext is in a bull market. I think...there is a high probability that this will be the case in the future."

"Yes, cut meat and adjust positions, enter the GEM, what the hell... the main board is hopeless, it lasts weak for half a month, a month, and it can be said to be a style change, which is far behind the startup. It’s been more than half a year, so I can’t still say it’s a style change, it’s just hopeless.”

"Judging from this period of time, it is obvious that institutions are also cutting meat on the main board and increasing their positions in the core stocks of the GEM."

"Hehe... These institutions always say no, but they are actually very honest."

"Hey, the long-term is a trap. You still have to follow the hot money in the market to make a short-term future. It's nothing to say, cut it, cut it..."

"Yes, yes, in the past few months, short-term speculators have made a lot of money."

"Damn it, cut the meat and dry the leader. Judging from the situation, the ChiNext will definitely outperform the Shanghai Stock Exchange Index and the A50 Index for a long time to come."

"Don't talk about the 50 index, the weakest is the 50 index."

"Holding the core assets, I have been tormenting for more than half a year, and I have watched the GEM skyrocket, and now I know the truth of capital foresight. I am so stupid to hold these so-called core assets and listen to the institutions. , Fuck it, follow the road of wealth and eat meat."

"Yes, enter the GEM and eat big meat!"

"Organizations that sing multiple motherboards are the most frankly heartless, not only stupid, but also bad. If I believe them again, then I will be a fool."

"Value investing, worth a ghost."

"Indeed, after two years of value investing, I lost 56% on the so-called core asset stocks. It's simply..."

"What the hell... I completely understand that if you look at the PE valuation and speculate in stocks, you are the most stupid person, and following hot money is the kingly way."

"Yes, I'm going to make up my mind early and follow Fortune Road to buy Shanghai Steel Union, and I'll get back my capital and make money early."

"Hey, the organization misunderstood me!"

"Cut meat, cut meat...Shanghai Steel Union, Fortune Road, here I come!"

Amidst the heated discussions of complaints, complaints, and awakenings from many retail investors in the market, a short 5 minutes passed, and 9:30 came.

The prices of the two cities began to change, and buyers and sellers clashed fiercely.

only see...

On the board of Shanghai Steel Union, which Su Yu was concerned about, there was a continuous influx of follow-up funds, and they continued to carry on yesterday's bottom-hunting and profit-taking selling chips.

6000, 7000, 8000.

In 2 minutes, the market turnover of Shanghai Steel Union broke through 8000 million, reaching more than 8300 million.

And its stock price is also rapidly exploding, from the price of 43.83 yuan at the opening, it continues to move up, and quickly hits the 44 yuan mark.

(End of this chapter)