The investment era of rebirth

Chapter 205 Continue to break through, continue to reduce positions!
"Didn't drive low!"

Seeing the opening call auction of the material trade in the Shanghai stock market, inside Zexi Investment and the trading room in Modu, Zhou Kan was a little surprised and said: "There are still a lot of funds to undertake the rush to raise funds. It seems...even with the funds of Fortune Road The influence of retail investors who follow the trend is not enough to go against the trend.”

"After all, this fund is only out of half of the position at present, and it is a mild profit-taking exit, which does not mean anything." Xu Xiang said, "Shanghai Stock Market has now become the main line of the 'Shanghai Free Trade Zone'. Its core power engine, its hype height, will also determine the hype height of all concept stocks in the entire "Shanghai Free Trade Zone". , can’t be smashed down.”

"Zhou Kan..."

Xu Xiang paused, and said: "Pending an order to maintain the market of the stock of Shanghai Material Trade, and keep the increase of this stock's call auction between 6 and 8 points, so that with its stronger trend than expected, we can The concept stocks that can drive other our layout are also moving in a direction that exceeds expectations, thus opening up a higher hype space for this main line and enabling us to obtain more profits from it.”

"Okay!" Zhou Kan responded, and immediately directed the traders to place orders.

"The check from Waigaoqiao..." When Zhou Kan placed the order, Xu Xiang glanced at Shanghai Stock Market, and then focused on another core leading stock on the main line of the "Shanghai Free Trade Zone". Said, "No. 11 daily limit has been raised since the resumption of trading, and there has not yet been a state of heavy volume, which is really beyond expectations. .”

Waigaoqiao's check is the absolute core leader of the main line of the 'Shanghai Free Trade Zone'.

But for this check, since the resumption of trading, the chips on the floor have not been exchanged at all.

Although the expectations are strong, its overall market value and circulation have risen to the present, which is not small. If the word board continues, it will continue to consume the expected space of the market.

So, when it's time to open the board...

The active funds in the market may not be able to bear it when the expected space is relatively small and the circulation is huge.

And if it can't take over, then Waigaoqiao's check can only be a flurry of trends.

In this way, it will seriously hit the market's enthusiasm for hype on the main line of the "Shanghai Free Trade Zone". After all, the leading relay of core concepts does not make money, so... other concept stocks, the risk appetite for capital relay will drop sharply , thus restricting the height of the hype space for this main line.

"The check from Waigaoqiao is indeed powerful." Zhou Kan heard Xu Xiang's emotion, and then continued, "I thought it would be enough to get out of seven straight boards after the resumption of the check, but I didn't expect it to be eleven now. If you count the daily limit before the trading suspension, this check has gone out of the twelve consecutive boards, and it is already the stock with the highest consecutive board space this year in terms of the number of straight boards."

"It's not a good thing." Xu Xiang said, "This check is very likely to go out of the way."

"A wave?" Zhou Kan said in surprise, "Isn't it? In the market, the majority of investors have already shouted a market value of [-] billion for the expected space of this check."

"A market value of [-] billion?" Xu Xiang smiled and said, "Just listen to it."

"With the active funds in the current market and the amount of active hot money in the entire market, it cannot support the continuous hype of more than 200 billion stocks in circulation."

"And this check is already very close to the market value of 200 billion in circulation."

"There are so many straight boards. If the volume is increased, the funds in the market will surge out, and the desire to take profits will be very strong. It is conceivable that the day when the check is opened, it will inevitably be bloody."

"In general……"

"After the [-] daily limit of this check, it is not worth participating in the relay on a large scale."

"Hey, it's a pity that we didn't ambush the check in advance and missed this wave of opportunities."

"It's really a feast for stockholders. In this wave, certain funds in Waigaoqiao's check market are really ugly."

"With the help of the strong expectations of the majority of investors in the market for this stock, it's really ugly to lock up positions and eat alone." Zhou Kan responded, "But this check, no matter what, can be regarded as the best of the current market." Emotional weathervane, no matter when it opens, as long as it hasn’t opened, I think... we can be relatively aggressive, and reap as much profit as possible from this main line of speculation.”

"It's natural." Xu Xiang smiled, "From many perspectives, the main hype of the 'Shanghai Free Trade Zone' should be the strongest hype of the concept in the second half of this year."

While the two were talking, the time had come to 9:20.

The two cities have entered into the real call auction of irrevocable orders, and the core of the market in the two cities is still unfolding around the main line of speculation of the 'Shanghai Free Trade Zone'.

Among the industry sectors, the top gainers are still real estate, logistics, ports, and finance.

Among the concept sectors, the top gainers are still financial reform, commercial real estate, foreign trade and other sectors, as well as the Shanghai stock market, Yuzhou, Qingdao, Jinmen, Haizhou and other regional stock sectors.

Among them, as the core stock with high market attention...

Waigaoqiao is still shrinking the daily limit, and the cover order remains at about 35 lots; the increase in the call auction of the Shanghai stock market has dropped compared to the 9 minutes before 20:5, and the increase is about 5.5%, and the call auction More than 4800 contracts were matched; the stocks dominated by the funds of the Shanghai Pudong Development Bank and the Shanghai-Hong Kong Group also showed a strong call auction state, with an increase of 2% and 3%.

As for others, there were more than 30 stocks with the same concept that had a daily limit yesterday.

Almost 90% of the stocks showed a trend of opening higher, and it was very obvious that various funds took the initiative to undertake, and even the main buyers rushed to raise funds.

Compared with yesterday, the overall investment sentiment has not ebbed in the slightest.

Moreover, due to the good trend of the external market last night, and the official introduction of the nine financial reform measures on the "Shanghai Free Trade Zone", or the nine major financial policy preferences, further stimulated the market, resulting in today's financial reform. Several individual stocks have shown a straight-line trend.

And it is particularly worth noting that the stock of Anxin Trust...

This stock is not small, and it can be regarded as a mid-cap stock. It has become stronger and stronger in the call auction, and it has touched the position of the daily limit within ten seconds of 9:20.

Directly led to the further strengthening of the concept stocks related to the whole 'financial reform'.

"Waigaoqiao continues to go straight, the Shanghai Stock Exchange opened more than 5 points higher, Shanghai Pudong Development Bank and Shanghai-Hong Kong Group all opened higher, and Anxin Trust went straight to the trend..." At this moment, Yuhang , Inside Yuhang Investment, Li Meng observed the overall market situation, and was a little surprised, "President Su, the overall market trend is much stronger than we expected. More than 7 points, almost reaching a new high position, we..."

Su Yu listened to Li Meng's words, interrupted her, and said: "It's unreasonable for such a big main line to disperse emotions and climax, but the more prosperous and intense it is, the closer it is to market hype. It’s time to end, just follow the established lightening plan.”

"We cannot be dazzled by the prosperity and the current strong money-making effect."

"Got to keep calm."

"and……"

Su Yu paused, and said: "Waigaoqiao has become such a trend. With the rapid expansion of market value and circulation, it is already difficult to get out of the second wave of market."

"This check's flat board, if you open it..."

"The emotional differences in the main line of the 'Shanghai Free Trade Zone' will be revealed in an instant."

"Okay!" Li Meng nodded under Su Yu's reminder, "Then let's continue to reduce positions according to the original plan!"

As she spoke, she turned her head and conveyed the relevant lightening order to the rest of the traders.

Subsequently, the time came to 9:25, and the call auction of the two cities ended. The three major indexes of the Shanghai Stock Exchange Index, Shenzhen Index, and ChiNext Index all opened higher, and the higher opening margins were all above 0.5%.

In the financial reform concept sector, there were more than 20 related concept stocks, 5 of which opened with a daily limit, and 8 rose by more than 5%, and all concept stocks showed a trend of opening higher.

Concept stocks in regional free trade zones such as 'Yuzhou, Jinmen, Qingdao, Haizhou, Nansha', among more than 60 related concept stocks, 7 stocks opened with daily limit, and 13 stocks opened with an increase of more than 5%. The situation and the intensity of the rush to raise funds are self-evident.

Real estate, logistics, ports and other core industries in the Free Trade Zone.

The increases were all above 1.5%, among which the real estate sector opened with an increase of more than 2.3%, and 85% of the individual stocks in the real estate industry opened higher.

Then, in the entire 'big finance' related industry sector, signs of active capital attacks are also obvious.

In particular, local commercial banks opened higher than the index.

Seeing such a hot opening scene, all the funds chasing up during the call auction stage, as well as the majority of investors holding positions in the market, were extremely excited.

Of course, there were not enough positions before, or to prepare for new investors from all walks of life.

At this moment, it is obviously a little anxious.

"Anxin Trust, Jinshan Development, Aijian Stock, Dajiang Stock, Duolun Stock... all have their daily limit." Among the majority of investors, some people sighed, "The branch line of the 'Shanghai Free Trade Zone' financial reform should be closed today. Continue to carry the big flag? Stimulated by last night’s good news, it’s a bit abnormally strong.”

"Yeah, Lian Anxin Trust has become a straight line, I can't believe it."

"Hey, it's a pity that I didn't buy enough yesterday."

"Now, I can't buy it at all, depressed."

"Haha, I bought a lot of Anxin Trust's stock yesterday, and now...it's so cool, I estimate that I can earn at least [-] to [-]%."

"Anxin Trust is obviously the leader in this line of financial reform."

"Yes, according to the current market heat, if there are no four or five boards, it shouldn't be open, right?"

"It would be great if we could copy the trend of the Shanghai Stock Exchange and Waigaoqiao. In fact, Anxin Trust's plate is not much bigger than Waigaoqiao after all."

"Thinking too much? Shanghai Stock Exchange and Waigaoqiao are the leaders of the core concept!"

"Hey, don't talk about it, I used to have some positions in Shanghai Stock Market, but the first shock when the word board was opened, I was washed out. By the way... everyone, Shanghai Stock Market can continue to accept Is it? I want to buy it back, otherwise I will feel too uncomfortable watching it daily limit."

"It must be brought back. Among the core concept leading stocks of the 'Shanghai Free Trade Zone', Shanghai Stock Exchange is the smallest, and the trend is also the strongest. The willingness to relay funds from various sources is quite strong, and it is estimated to double. times, it's not a problem at all, if you pick it up early, you can earn more!"

"For real core leading stocks, don't be afraid of high."

"If you're really afraid of heights, you really can't make money."

"For the stock of Shanghai Stock Exchange, Fusheng Road still has more than [-] million chips, and Jiefang South Road has locked up a share. Now at this price... there is really nothing to be afraid of."

"One word, just buy it!"

"Yes, yes, with this market, what's so scary? Buy whatever you want, and you can earn whatever you want."

"As long as it is a concept stock under the main line of 'Shanghai Free Trade Zone', you can buy it with your eyes closed. Even the former leader of the Shanghai Steel Federation, relying on the east wind of the 'Shanghai Free Trade Zone', go quickly Now that we have reached the new high position, the other tickets...there is nothing to be afraid of."

"And this main line is definitely the main line of policy support hype."

During the discussion among the crowd, the short 5-minute suspension time passed quickly, and at 9:30, the two cities officially started bidding transactions...

The moment when the prices of the two cities began to jump again.

The sentiment of following the trend on the main line of the "Shanghai Free Trade Zone" has further intensified, and funds from various sources outside the market have gathered in the direction of this main line.

Investors with light positions quickly increase their positions, fearing that they will not be able to buy high-quality chips for core concept stocks.

Investors without positions, seeing such a fiery profit-making effect, are even more anxious to keep chasing up and buying, fearing that the action will be slow, and the stocks they want to buy will have their daily limit.

And heavy positions, or investors who have already filled their positions.

Then look at the market excitedly, or lock up positions to let profits run, or quickly sell out of less strong concept stocks, and chase after more core strong concept stocks.

All in all, the entire market has a huge amount of active funds and short-term investors.

They are all continuously converging towards the main line concept of 'Shanghai Free Trade Zone', frantically chasing its related concept stocks.

Under this extreme follow-up effect...

At 9:42, Shanghai Material Trade once again hit the daily limit and was sealed. The stock price reached 30.95 yuan, an increase of 9.99%, and the turnover was 4.9 million yuan. Compared with yesterday and even the previous shock, the volume has shrunk significantly.

At 10:10, the Shanghai-Hong Kong Group rose again by more than 7%, setting a new rebound high, and the turnover exceeded 10 billion.

At 10:21, Shanghai Pudong Development Bank rose by more than 5%, and also set a new rebound high. It has stepped out of an extremely aggressive and continuous upward trend, and counting from the bottom, this weighted financial stock with a market value of hundreds of billions of dollars is listed in the "Shanghai Free Trade Zone". Since the announcement of the district' news, it has risen by about 38%.

At 10:46, the market began to spread to infrastructure construction, and the big Huaguo Construction rose by more than 3%.

At 11:02, more than 20 stocks in the financial reform concept sector set off a wave of daily limit, and more than 12 stocks had daily limit, and the funds followed suit, making it even more crazy.

At 11:26, the real estate industry broke out in an all-round way, and Gemdale Group and China Fortune Land Development rose by more than 7%.

At noon, when the market closed, the stock index rose at 1.73%, standing at 2180 points, and compared with yesterday, it continued to increase significantly. It also showed a trend of rising volume and price.

"The two cities are still hyping around the main line of 'Shanghai Free Trade Zone', and under this main line, among the various branch lines, the total number of daily limit stocks has exceeded 30 again." Facing such a midday closing Situation, in the Yuhang main hot money group where Su Yu belongs, some hot money sighed, "In the past two days, the effect of making money is really good, I really didn't expect... The biggest market is actually after the line of 'golden reform' came out. , and a full-scale explosion was formed."

"It's not surprising that financial reform has become the first point of policy implementation in the 'Shanghai Free Trade Zone', and this point has only half a month since the announcement of the Shanghai Free Trade Zone. What does it show? It shows the strength of policy support, which is unprecedented in this direction. This is the expectation, and it is a huge room for hype and imagination. Think about it... the top-level design of the "Shanghai Free Trade Zone", but After the 'Shenzhen Special Economic Zone', the only one, its policy support and future expected space, can it be too small?"

"Indeed, I thought that after yesterday's market sentiment fully diverged, today it would be relatively restrained. I didn't expect...today's market sentiment has spread further. Even infrastructure and big finance, the two giant industries, have been covered by the 'Shanghai Free Trade Zone'. ’ The line was brought out, it was crazy.”

"Under the extreme emotional effect, it is the best time to follow suit!"

"This time is indeed the best opportunity to make money."

"Well, take a look at the leading concept stocks of Shanghai Stock Exchange, Waigaoqiao, Anxin Trust, Yu Development Bank, Shanghai Pudong Development Bank, Yiyatong, Shanghai-Hong Kong Group, Jinshan Development...these main lines and branch lines. Raise strength, simply."

"Go ahead and buy it. At this time...it's a pity not to make money."

"Yes, whether it's a low-level concept stock or a high-level popular stock, the risk of relaying at this time is extremely low, and the index has already confirmed a breakthrough. In this wave, the stock index will rise to 2200 points, which is not a problem at all. It fell sharply in June That hole should be filled."

"It should have been filled long ago, but the GEM index has been on the way to a new high."

"Today, the turnover of the two cities should exceed [-] billion, right? It feels like in the last two days, because of the full-blown hype of the 'Shanghai Free Trade Zone', a lot of incremental funds have come in!"

"If there is a continuous money-making effect, there will be continuous incremental funds."

"To put it bluntly, what the current market lacks is confidence. As long as confidence is raised, a bull market... I think it is possible."

In the discussion of various hot money, the differences of the previous few days have basically disappeared.

Even Zhao Qiang, who had already reduced his positions and stopped his profits earlier, suspected that he had made a serious mistake in his judgment and was impatiently preparing to enter the market again.

And under the influence of this emotion...

In the afternoon, the market still maintained the trend of holding high and fighting high, which once again interpreted the market to an extreme.

Of course, during this period, within Yuhang Investment, Su Yu and the entire trading team are still methodically reducing their holdings of Shanghai Stock Exchange's bargaining chips in accordance with yesterday's method.

Finally, the market closes at 3 o'clock.

The increase in the Shanghai Index was fixed at 2.89%, and the increase in the Shenzhen Index and the Growth Enterprise Market Index also exceeded 2%.

And in the midst of the overall surge of the index...

Still as the core of the market, the main hype of the 'Shanghai Free Trade Zone', the daily limit of individual stocks also broke through 35 again, and the profit-making effect can be described as crazy.

Among them, Shanghai Pudong Development Bank and Shanghai-Hong Kong Group, which are dominated by institutions, both rose by more than 8%.

The turnover of the two stocks has also reached more than 35 billion, ranking among the top in the two cities.

"Teacher, if it continues to rise like this, I feel a little uneasy." After the market closed, during the review process, Xie Wanting of Yanjing and Anlan Fund said, "The market sentiment is expanding too fast,'Shanghai Free Trade Under the main line of 'Zone', the major leading stocks have obviously shrunk today. There are more incremental funds to support the market, but now, does the market really have the foundation to continue to rise, to release a large number of locked-up markets in the early stage, and to continue to go bullish?"

Zhou Guohua looked at the confused look in her eyes, thought for a while, and said: "I'm not sure whether she has the foundation to continue to go bullish, but in terms of the direction of macro policies and even the attitude of the regulators, I am very eager for the market to be able to They continue to be bullish, and they have not done anything to curb the market's hype on the main line of the 'Shanghai Free Trade Zone', and it can be regarded as a disguised encouragement..."

"In this way, the market can be viewed at a high level."

"As you said, the more the index continues to rise, the more incremental funds needed, the funds to undertake, will increase, and the profit margins in the market will accumulate more and more."

"But as long as the market continues to make money, it can be relatively maintained, and it is not impossible to resolve the contradictory relationship between volume and profit."

"Of course, you can stay awake and see the current risk points in the market under the extreme profit-making effect."

"It's still rare."

"Look at the continuous volume of the two cities tomorrow, and even in the next few days. If the turnover of the two cities can stably reach the 1000 billion mark and can be maintained at this level, then the market will be in terms of undertaking. Don’t worry too much, there is no problem with liquidity.”

"If the 1000 billion level cannot be maintained..."

"Then we have to start reducing positions at around 2200 points in the index, and take profit and leave the market. After all, the volume can't go up. After the sentiment turns, the market is bound to usher in an adjustment."

"Hmm!" Xie Wanting nodded, her eyes fell on the two stocks of Shanghai Stock Exchange and Waigaoqiao, and continued, "The trend of these two checks in the next few days should be quite important, right?"

"Just don't know..."

Xie Wanting paused for a moment, and said, "How will the funds of Fortune Road, which have gathered in these two stocks, choose?"

"The Dragon and Tiger List is coming out soon, just take a look and you'll know." Zhou Guohua said with a smile.

Afterwards, while the two waited for a few minutes, the dragon and tiger rankings of the two cities were refreshed, and the Shanghai Stock Exchange was on the dragon and tiger rankings again without any surprise.

"A total of 1.26 million chips were sold."

Xie Wanting's eyes revealed a look of extreme surprise: "This guy...why does he have so many bargaining chips?"

"Hehe..." Zhou Guohua couldn't help laughing twice, looking at the data of the Shanghai Stock Market's Dragon and Tiger List, he was also extremely surprised, and said, "Underestimated, underestimated this stock of funds, this guy... in' The layout of the main line of the Shanghai Free Trade Zone is really unfathomable!"

When the two sighed...

In the current magic city, Zexi invests in the interior.

Xu Xiang stared at the list of dragons and tigers of the Shanghai Stock Exchange, and felt a huge shock in his heart. He felt a bad omen, and said in a daze, "Where does this guy have so many chips to throw away?"

"Wealth Road sold 7600 million, and Fusheng Road sold more than 5000 million." Beside Xu Xiang, Zhou Kan looked at such a list of dragons and tigers, and felt unbelievable. He lowered his eyes and said, "It's unbelievable. Fusheng Road's more than 5000 million yuan is understandable, but why did Fortune Road sell more than 7600 million yuan? There is no data on the Shanghai Stock Market's Dragon and Tiger List in the previous period."

"Hey, I still underestimated him!"

Xu Xiang couldn't help sighing: "This guy... must have ambushed this stock a long time ago, and has been lurking all this time, just waiting for me to carry the sedan chair for him."

Thinking of this, his heart surged with anger for no reason.

Since he confronted this stock of funds on the disk, he has never gained the upper hand, whether it is the check of the Shanghai Steel Federation or the current Shanghai Stock Trade.

This made him extremely uncomfortable, and it also severely damaged his self-confidence.

"What the hell." Zhou Kan couldn't understand the data on the Dragon and Tiger List, "When did this guy lurk? Go back a month, and you can't see any traces of Fortune Road buying."

For more than a month, the Shanghai Stock Exchange's check, except during the period of the word board, was on the top of the dragon and tiger list most of the time.

And the trace of buying on Fortune Road is really only the one on August 8.

Not only can he not understand, but the majority of investors in the market at this moment, and even all the active hot money in the entire market, cannot understand such a piece of data on the Dragon and Tiger List.

"Fuck, Fortune Road sold another 7600 million Shanghai Stock Exchange, where did you get the bargaining chips!"

"I don't know, I don't understand, I can't understand at all."

"That's right, the Dragon and Tiger Rankings are blown up again, Fortune Road... is really haunted."

"Oh my god, another 1.26 million, it doesn't mean that Fortune Road still has more than [-] million, or even hundreds of millions of chips in his hands? This trading operation... It's just like a myth."

"No way, no way? Sell so many again!"

"Understood, I understand! Fortune Road's motivation to reduce its position, I finally understand. It must be that Fortune Road has too many bargaining chips in this stock, so it reduced its position in advance. After all, this check plate, for a stock like Fortune Road For super large funds, liquidity is still limited.”

"More than 10 billion transactions per day, so the liquidity is not good?"

"Damn it, if the transaction liquidity of 10 billion yuan is not enough for Fortune Road to sell, how much bargaining chip does he have to hold in this stock?"

"The key is not how many positions are held, but what is the purchase of Fortune Road?"

"Ghost knows, this fund is amazing."

"Admiration, I am so impressed."

"Now the chief helmsman's heart should explode..."

"It's not just the chief rudder who wants to blow up, but the main funds that are currently still in the stock market of the Shanghai Stock Exchange, the mentality is also going to blow up. After all, no one knows how many chips are still in the hands of Fortune Road."

"Crazy, really crazy crazy!"

"Tomorrow, isn't the material trade in Shanghai in danger? Wealth Road has become a complete unknown now, who dares to chase after it?"

"Whether it is dangerous or not is uncertain, but there will definitely be big differences tomorrow."

Amidst the amazed discussion among retail investors and hot money, active hot money such as Zhao Qiang and Sun Yu, who had worked with Su Yu, looked at the data of the dragon and tiger list in amazement, and reviewed the history of the entire hype path of Shanghai's material trade On the disk, it was also impossible to find out the time and entry point of Su Yu's lurking in this stock, and his heart was shaken to the extreme.

And just when investors in the entire market were extremely confused and anxious about Su Yu's Fortune Road sales seat...

The next day, when everyone expected that the Shanghai stock market would open sharply lower.

However, under the protection of a large amount of funds rushing to raise the market, the check was opened significantly higher in the call auction, which surprised many investors again.

(End of this chapter)