The investment era of rebirth

Chapter 209

"Suddenly, where did such a large amount of selling come from?"

Seeing that the Shanghai Material Trading stock was on the daily limit board, it was smashed by continuous large orders, the stock price plummeted, and the entire upward trend was ruined. Inside the trading room of Zexi Investment Company in Modu, Xu Xiang stared. The rapidly changing market was very shocking: "5 hands, 1.8 million chips, according to the historical trend of this check for more than a month and the data performance of the dragon and tiger list, it stands to reason... At this time, there should not be such a stock. It is only right that the main funds exist, and this check is disclosed in the semi-annual report, and there are no large institutions holding positions lurking!"

"Mr. Xu..."

During Xu Xiang's brief contemplation, Zhou Kan's face also changed drastically, and he said anxiously: "Shanghai Stock Market was smashed by this fund, and the sentiment on the market has completely changed from strong to weak, and today's trading volume is too large. The bargaining chip structure has been loosened, and it is simply impossible to return the seal at this time without paying a huge amount of funds."

"What is even more worrying is the flash crash of Shanghai's material trade."

"It has quickly affected the market sentiment of all the mainline concept stocks of the 'Shanghai Free Trade Zone'. Right now, strong stocks such as Yiyatong, Aijian, Duolun, and Yufa that had their daily limit sealed are also on the market. And there are a lot of selling orders rushing out of these stocks.”

"Fortunately, Waigaoqiao is still stable, and there has not been a large increase in volume."

"Now, what shall we do?"

"Waigaoqiao is stable. Anxin Trust has placed a wave of volume and maintained the situation of the four-linked board, which proves that the market sentiment has not completely collapsed." Xu Xiang thought about it in Zhou Kan's urgent report, and quickly issued an order Instructions, "The transaction volume of the Shanghai stock market has exceeded 10 billion, and the strongest selling force just now has passed. On the market, at this moment after the flash crash, the pressure on the market is not great. Try to use a [-]-lot order , take a quick look at the stock price and see how the market responds, if..."

There is no time to say what he said later.

At this time, another [-]-lot market price sell order appeared on the board of the Shanghai Stock Exchange.

This order directly brought the stock price of Shanghai Material Trading, which had been hovering at a 5% increase for a short time, back to the opening price, and the stock price plummeted again.

Arrived here...

Xu Xiang's eyelids twitched, and he already noticed that there was a serious problem with the funds and emotions of this stock.

Because just five consecutive large orders of 5 lots and a fund of 1.8 million yuan, the stock price of Shanghai Material Trade was knocked down by 5 points from the daily limit. The increase of 5 points has been knocked down, which has proved that under such extreme fluctuations, the sentiment of following the trend of funds is rapidly depleting, and there is not much funds left, so I am willing to follow up here.

"Wait a minute..."

Seeing such market changes, Xu Xiang hastily withdrew the order he had just given, and continued: "There is no need to try to pull the market, sell it, sell against the liquidity, this check has peaked."

"But our position on this check is not small." Zhou Kan said anxiously, "Selling against liquidity will hurt a lot!"

"I don't care about that much anymore." Xu Xiang said, "Because Waigaoqiao and Anxin Trust have not yet opened their boards, and market sentiment has not completely receded, everyone still has such a glimmer of expectation in their hearts, sell directly, regardless of the price, as long as If there is liquidity, quickly exit the position and take profit."

"at this time……"

"The point where market sentiment turns from strong to weak has already appeared."

"If you hesitate any longer, the market liquidity will be even worse, and the funds that dare to undertake will be less, and we will become more passive."

"At the same time, other stocks in the 'Shanghai Free Trade Zone' that we hold can now also be listed together."

"Once the material trade in the Shanghai stock market collapses, under the influence of emotions, all the popular concept stocks under the main line of 'Shanghai free trade zone' will not be able to survive alone."

"Okay!" Seeing the serious situation, Zhou Kan responded.

Then, he quickly issued instructions to the traders to crazily reduce all the concept stock positions of the entire fund in the main hype line of 'Shanghai Free Trade Zone'.

And as they reduce their holdings...

After a short period of retracing part of the decline, the Shanghai Stock Exchange's material trade fell rapidly and was directly driven into the water.

At the same time, there are more and more stocks that are on the rise, and more and more stocks are falling back. There are even several popular concept stocks in the "Shanghai Free Trade Zone". It was smashed into the water by a large order of tens of millions, or even hundreds of millions.

Of course, amid the extreme fluctuations in the entire market, popular concept stocks have fallen back one after another.

As the group of retail investors in the market who are most insensitive to the perception of market sentiment and market abnormalities, at this moment, most people still hold some hope, thinking that this is just a normal callback after the intraday rapid rise, and that "Shanghai stock market has its own strength." The main line of hype about "trade zone" is not over yet. After all, Waigaoqiao still maintains the shape of a straight board, and Anxin Trust still maintains the situation of a four-board board.

"Hey, chasing high again!"

"The gains of the index and the gains of popular sectors have all fallen back so quickly. What's going on?"

"Has the broader market hit the pressure level? 2200 points are not so easy to break through. With normal adjustments, I don't think there is any need to be afraid. When the market digests this wave of selling pressure, it will definitely go up."

"What's the situation with the material trade in the Shanghai stock market? After hitting the daily limit, this stock fell too fast."

"Should it be affected by the liquidation of Fortune Road? But don't worry too much. The change of hands of the check is quite healthy today. I think the trend will reverse in the afternoon."

"It's not just Shanghai Stock Exchange, Jinshan Development, Aijian Stock, Dajiang Stock, Duolun Stock, Yukai Development and other stocks that had a fast daily limit in the early trading are all blowing up at the moment. I feel that the market today is really abnormal. Everyone ...In this case, shouldn't you be able to chase after him?"

"Hehe... It's normal for it to rise so much and touch the pressure level."

"The index has completely broken through. I feel like these stocks are blowing up. After all, if the main funds really want to ship, why bother to pull the daily limit and spend a lot of effort and money?"

"The Shanghai Stock Exchange's check has been fluctuating violently since it was opened, and then it has risen step by step."

"Although today's shocks are more severe than in the past, there are a lot of large funds traded at high levels today. These funds are trapped in the market today, so I think the main funds will definitely stabilize the market in the afternoon and try to recover. Otherwise, if the stock price is allowed to fall like this, the main funds that are trading at a high level and on a large scale today will definitely not be able to deliver the goods tomorrow."

"Also, aren't the two checks from Waigaoqiao and Anxin Trust still maintaining a straight line?"

"To be honest, the Shanghai Stock Exchange without Fortune Road is no longer the core leading stock in the market. Waigaoqiao and Anxin Trust are the soul of the market."

"As long as these two soul stocks can be stabilized, the market will recover quickly after digesting this wave of selling at pressure positions."

"Furthermore, there are still many positive expectations on the main line of speculation about the 'Shanghai Free Trade Zone'."

"After all, I heard that in mid-September, some policy plans related to the 'Shanghai Free Trade Zone' will be introduced. The 'financial reform' is only the first wave, and the subsequent experimental reform policies will definitely have to be speculated. .”

"That's right, where is this going? If the main line of hype about the 'Shanghai Free Trade Zone' has peaked, then we have to wait for the opening of Waigaoqiao and the second wave of speculation."

“I also think this is mid-hype at best.”

"I still remember the day when the material trade board of the Shanghai Stock Exchange was opened and there was a sharp adjustment. Everyone also said that this stock had peaked, but it turns out that the follow-up check has almost doubled the increase so far. And... in the future, this check may double the increase."

"Yes, yes, people who are afraid of heights will always be hard-working people."

"I bought at the highest point when Shanghai's material trade fluctuated for a week in the early stage. At that time, everyone persuaded me to cut the meat, but the result... I got it now, and the floating profit is more than 30%, let alone these 12. The amplitude is a little bit, and if you have the ability, the main force will come to the sky, and you will not be afraid."

"Calculated from the drop of the daily limit, Shanghai Stock Exchange's material trade has indeed fallen by more than 12 points, but if it is calculated from the opening price, it has fallen by less than 4 points. There is nothing to be afraid of. At least...buy at this time It’s much more cost-effective than chasing up and buying in the early trading?”

"Look, many tickets have started to be withdrawn quickly after the extreme dive."

"Shanghai's material trade is also rising in a straight line, and it is almost a red market."

"After a wave of diving in the Shanghai stock index, the index has now pulled back, and it is also quickly approaching 2200 points."

"Jinshan's development has been successfully closed..."

"After the two stocks of Shanghai-Hong Kong Group and Shanghai Pudong Development Bank dived, they not only recovered the decline of the dive, but also continued to hit new intraday highs."

"Washing the dishes, yes, definitely washing the dishes."

"In an upward trend, all diving and falling are buying opportunities."

"Yes, yes, buy... If you don't buy at this time, you will definitely have to continue chasing higher in the afternoon."

"All 'Shanghai Free Trade Zone' concept stocks have an average increase of less than 50%. The so-called 'hundred-year plan', all concept stocks should be doubled first, right?"

Amidst the heated discussions among many retail investors, and in the situation where everyone still holds some hope...

At 11:15, after experiencing a violent dive, the stock index pulled back again and touched 2200 points. At the same time, the collapsed sentiment recovered a little bit, and the turbulent selling also weakened a little.

At 11:17, Shanghai's material trade rebounded to a 3.21% increase from the lowest drop of 1.23%.

At 11:21, the shares of Aijian were sealed back, and the concept of "gold reform" set off a small climax of chasing funds again.

At 11:23, the Shanghai stock index regained its position at 2200 points.

At 11:25, the Shanghai stock market's material trade rose further to 3%, and the turnover exceeded 13.5 billion.

"What's the result of reducing the position?" Seeing the entire market, under the influence of the rapid collapse of the Shanghai stock market, the overall mood has not been completely killed, Su Yu's eyes showed a hint of surprise, looked at the time, and turned his head to Li Meng Asked, "How many positions do we still have on the three checks of Shanghai Stock Exchange, Shanghai-Hong Kong Group, and Shanghai Pudong Development Bank?"

Li Meng replied: "On the Shanghai stock market, we still have more than 3000 million chips, almost 10000 hands; Point the chips, and you can get out at any time."

"Okay!" Su Yu said with a smile, "So, it can be regarded as a safe appearance."

Li Meng nodded and continued: "Three stocks in the morning sold a total of 5.6 million chips, and also returned 5.6 million funds. Now our overall fund position level has returned to a low position. Come down... the index will step back and adjust, which is beneficial to us."

"According to the market volume this morning, the outbreak..."

Su Yu said: "Style switching and index adjustment should be unavoidable."

Although at present, the hype sentiment of various funds on the main line of the "Shanghai Free Trade Zone" seems to have stabilized again, but the amount can be put too much in the morning, and the overall bargaining chip structure has been loosened.

In this situation……

If the amount of funds cannot keep up in the afternoon, panic selling will definitely appear again.

"Style switching?" Li Meng said, "If the hype of the 'Shanghai Free Trade Zone' reaches its peak, will the market style shift to the GEM's 'Pan Mobile Internet' related concept sectors and popular concept stocks?"

Su Yu nodded and said: "This is inevitable. The market currently only has these two directions. There are expectations, and they can carry huge main funds of billions or tens of billions."

"However, don't rush this time."

"Once the bargaining chip structure and hype sentiment on the main hype line of 'Shanghai Free Trade Zone' completely collapsed."

"With such a huge amount of active funds and profit margins gathered in this main line, the adjustment of the market should be very drastic."

"We have plenty of time to react."

"And there are enough opportunities to carry out large-scale adjustments when the market adjusts sharply."

"After September, the hype expectations for the third-quarter financial report and annual report are very close. At the cusp of the storm, the industry is full of explosions related to 'mobile games', 'wearable devices', and 'smart terminal mobile phone industry chain'. The core stocks, the performance is definitely not bad."

"These tickets, these areas, will be the next opportunity for our investment."

"En!" Li Meng nodded, agreeing quite a bit.

Su Yu is quite forward-looking in the planning of investment strategies, which she admires very much.

While the two were talking, 11:30 came, and the hotly traded markets of the two markets were fully frozen. The stock index closed at 2202 points, up 1.56%. increase.

In terms of sectors and individual stocks...

Although the related concept sectors of the "Shanghai Free Trade Zone" have experienced a big dive, they are still the absolute core of today's market. The four major industry sectors, such as logistics, ports, real estate, and finance, are still leading the rise in the two markets. The overall increase is much higher than that of the index.

Among them, in the concept sector, the concept of 'gold reform' took the lead, with an increase of 3.35%.

Other regional free trade zone concepts, low-level supplementary free trade zone concepts, commercial retail concepts, etc., also have a lot of performance, and they are at the forefront of the rise in the concept sectors of the two cities.

The core popular stocks, Waigaoqiao continued to shrink the size of the flat board, and only 986 million funds were traded throughout the morning; the epic shock of the Shanghai stock market’s material trade, the largest amplitude exceeded 14% throughout the morning, and the half-day turnover was 14.2 billion, which was almost the same as the previous period. The turnover of the day was about the same; after the rapid daily limit in the early trading, Anxin Trust once released a huge amount on the board, but overall, when it finally closed at noon, it still maintained a good daily limit trend, stabilizing the entire "golden reform" The investment sentiment of the concept sector; the two stocks of Shanghai Pudong Development Bank and Shanghai-Hong Kong Group, under the circumstances of huge capital transactions, recovered the intraday diving range, and hit a new intraday rebound high before the noon closing.

There are many popular stocks such as Yiyatong, Robotics, Yukaifa, Jinshan Development, and Aijian.

Although there was a huge dive due to the huge amount of capital selling, in the end the market sentiment stabilized, especially Jinshan Development and Aijian shares, which were closed before noon.

Overall……

According to the market trend of the two cities in the morning.

The only ones that seem to be hurt are the Shanghai Material Trade stock, and the previously popular concept stocks like "Lujiazui, Pudong Jinqiao, Jinjiang Investment, and Shanghai Stock Sanmao" that have been hyped and abandoned by funds before. .

"Teacher, according to the market trend this morning, the bargaining chip structure on the main hype line of 'Shanghai Free Trade Zone' should have loosened, right?" , Xie Wanting, who reviewed the market carefully, pondered for a while, and said, "I feel that the volume in the morning is too much. According to the current market's maximum turnover of only 1000 billion, the market's acceptance volume in the afternoon should be obviously insufficient! "

In today's market, within half a day, the two cities had a turnover of more than 670 billion.

Such a change in quantity and energy, although it finally saved the market sentiment that had once collapsed, it still made Xie Wanting feel faintly uneasy.

(End of this chapter)