The investment era of rebirth

"Holy shit, the opening state of the market is really crazy. The two core lines of 'infrastructure' and 'state-owned enterprise reform' actually led the decline in the two markets?"

Seeing the opening of the market like this, the comment area where retail investors gathered on the trading platform exploded in an instant.

"All the concept stocks held by Mr. Su' Fortune Road have all collapsed. What's the matter?"

"What the hell, this disk... is too scary!"

"'Big finance' has finally led the rise, can you believe it? The two core themes of 'infrastructure' and 'state-owned enterprise reform' are really murderous!"

"The IPO market restarted, shouldn't it be the small-cap stocks that fell? Why did the two main lines of 'infrastructure' and 'state-owned enterprise reform' collapse?"

"There is no reason, it's just that the price has risen too much!"

"The main reason is that Mr. Su's 'Wealth Road' is out of the warehouse, right?"

"Hey, I had a lot of money yesterday, and today the market opened at the limit, and I suffered a loss of more than 30% in two days. My luck...is no one else."

"Me too, thanks to the fact that my mentality exploded."

"Fortunately, the limit fell at the opening, which means that there will be no more losses today."

"I can only comfort myself in this way, but judging from the opening situation, today's market is probably at risk of plummeting."

"It opened 1.5% lower at the beginning of the market. Isn't that considered a sharp drop? Looking at the performance of individual stocks in the two main line fields of 'infrastructure' and 'state-owned enterprise reform', it is really sad and horrible. Hey... yesterday's 'infrastructure', 'state-owned enterprise reform', The two main lines of 'state-owned enterprise reform' have a total turnover of 700 billion yuan, how much money has been buried here?"

"All the funds bought yesterday were covered, and I don't know how much there is."

"Hey, let's stop the loss brainlessly. I feel that this wave... the index may have to fall back to 2000 points again."

"Last time, the index fell from around 2500 points, and it took almost 4 months to adjust before it slowed down. This time... the adjustment time will not be short."

"Anyway, this year's market is probably hopeless again."

"According to the previous historical performance of the index, there is definitely no market to count on in the short term."

"Sell it, sell it... If you don't stop the loss decisively at this time, you will definitely suffer more serious losses in the future. Cutting the flesh with a blunt knife after the plunge is often the scariest."

"Yes, in the early stage, I was entangled to the death, which was caused by constant hesitation and reluctance to stop losses."

"This time we must not repeat the same mistakes."

"Hey, if you want to sell, you have to be able to sell it. Look at Beixin Road Bridge and Beijiang Communication Construction. There are a series of large selling orders with thousands of hands on the limit board. Even if the orders are placed, they can't get out at all."

"What the hell, big money has a channel advantage, which is really unfair."

"There is nothing absolutely fair in this market. If you have money, you can also buy a priority channel from a brokerage institution. I heard that the VIP-level second-level pending order channel costs 1000 million or 2000 million a year. "

"I'm going... so expensive?"

"There is a reason why you are expensive. For example, at this time, the priority channel comes in handy."

"Yes, for these big funds, if one second is faster, it can save millions of losses. Similarly, when placing a line on the daily limit order, one second faster can also increase more Hundreds of tens of millions of profits, so looking at it this way... the tens of millions of VIP channel fees a year are really nothing to these big funds in the market."

"Hey, on the news channel, we retail investors have no advantage, and on the pending order trading channel, we retail investors also have no advantage. Co-authoring... we should be leeks?"

"In the financial trading market, isn't the big fish eating the small fish?"

"It's true that the big fish eat the small fish, but this time... it seems that the big fish in the market, Mr. Su, was also trapped, right?"

"Boss Su is trapped? What should I say?"

"Obviously, according to the positions announced by the two main funds of the 'Yuhang Department' at the end of April, the two main funds managed by Mr. Su are on the two core lines of 'infrastructure' and 'state-owned enterprise reform', but the total holdings Over 4 billion, and as time goes into May, until yesterday, Mr. Su's seat on "Wealth Road" only appeared once on yesterday's Dragon and Tiger List. Mr. Su's two major trading seats sold for a total of 5 million, this sales volume seems to be exploding, but it is really nothing compared to Mr. Su's holdings of tens of billions in the two core main lines of 'infrastructure' and 'state-owned enterprise reform'. "

"Looking at the reaction of the market trend, it is obvious...the bad news for the restart of the IPO market came very suddenly."

"Although there are a small amount of funds, I feel that they have responded in advance, but at most it is only a few hours or a day in advance. According to this trading time, it is definitely impossible to reduce all positions with such a large amount of positions held by President Su. So... I dare to conclude that Mr. Su definitely still has a lot of bargaining chips in the two core lines of 'infrastructure' and 'state-owned enterprise reform'."

"I think this is also the reason why the opening of the two main areas of 'infrastructure' and 'state-owned enterprise reform' has fallen so sharply, and the call auction trend is far weaker than the market performance. After all, everyone is afraid that Mr. Su will continue to smash the market. Those who were originally willing to take over the market Funds, for this reason, dare not accept them, and funds that were originally intended to be sold, for this reason, are all desperately selling and running away ahead of schedule."

"The analysis is reasonable. The two core market lines of 'infrastructure' and 'state-owned enterprise reform' opened so much lower today, and there is no undertaking at all on the market. Indeed, this reason accounts for a large factor."

"If President Su still has a large number of chips in the arena, shouldn't he be even more afraid?"

"How is it possible? President Su has already expressed his firm intention to reduce positions on the Dragon and Tiger List. With such a large selling power in his hands, who is not afraid?"

"It is recommended that everyone avoid the two core themes of 'infrastructure' and 'state-owned enterprise reform'!"

"Damn it, the phoenix is ​​not as good as the chicken in trouble!"

"It's no wonder that Beixin Road and Bridge, Beijiang Communication Construction, Shanghai Stock Construction Engineering... and other stocks are sealed at the limit and remain motionless. Hey... Yesterday, chasing the market of the two main lines of 'infrastructure' and 'state-owned enterprise reform', It’s really a pain, I don’t know how many times I will suffer the limit.”

"The three checks of Beixin Road and Bridge, Beijiang Communication Construction, and Shanghai Sanmao can only be seen next week. It will definitely be difficult to open the limit today."

"I don't know who released the bad news of 'market IPO restart'."

"That's right, until now, the regulatory authorities have not made a public statement about this news. Could it be a rumor? If it is a rumor...then the market rebound will come."

"What are you thinking, how could it be a rumor?"

"If it's a rumor, with so much money in the venue, why are you selling like crazy?"

"If it was a rumor, the regulatory authorities would have clarified it long ago, and they would not have been silent like this. You must know that silence is actually tantamount to acquiescence."

"I just hope that this bad news will land quickly, guessing like this...it's really tormenting."

"Indeed, it feels like I know I'm going to be tortured, but the knife doesn't come down for a long time. It's really painful for my heart to keep pulling like this."

"Hey, I don't know what the regulators are thinking. Since the rumors have been spread everywhere, what's the use of covering up? Maybe the news will be announced directly, and the market will not go like this. Too bad, I just keep everyone guessing, the more I guess, the more panic I feel."

"It's not the first time that the regulators have acted like a show, so it's no surprise."

"Actually, I think plummeting is better than yin slumping. I'm really fed up with yin slumping mode."

"I'm afraid that after the sharp drop, it will fall again. Isn't the market trending like this in the past two years? Hey... Anyway, from now on, I will not believe any 'bull market' remarks, and I will follow my own trading The operating mode, after each round of oversold market, it is better to rebound and take a bite."

"It makes sense, what the hell...every time I try to figure it out, I end up losing money."

"Me too, the stock with the longest holding period in my hand ended up trapping me the most, and I lost 70% of it. Now I'm so determined that I can't cut my flesh. This knife... It's just too painful. .”

"Fortunately, Su always clearly reminded me to reduce the position this time, haha... In fact, our retail investors are not completely without advantages compared with the main funds. After all, the boat is small and easy to turn around. Seeing that the situation is not right, it only takes 10 seconds to fill the position and empty the position. It’s enough, it’s not as difficult as the main funds coming in and out.”

"Hehe... This advantage is only useful in large-cap stocks."

"Yes, on the small ticket, it's like Beixin Road Bridge and Beijiang Communication Construction, which were smothered by the limit at the opening of the market today. What the hell...I set the limit and paid the order at midnight last night, so I couldn't get out."

"Leading stocks really rose sharply and fell even more violently."

"The trading method of leading the board is originally a dance on the tip of the knife. If you have a bad heart and cannot decisively stop profit and stop loss, it is really not recommended to do this."

"Hey, I lost 30% in two days. I'm scared, and I won't dare to do this next time."

"In fact, no matter how you operate, it will eventually be a loss."

"Yes, at this time, staying away from the stock market is the only correct way. Wait until the real 'bull market' comes, and then come back. This should be able to outperform 99% of people."

"What's a real 'bull market'? Don't expect that."

During the short 9-minute suspension period from 25:9 to 30:5, pessimistic remarks and opinions intensified in the comment area of ​​the trading platform that was refreshed rapidly.

Influenced by words and emotions.

Potential selling orders in the market continue to accumulate rapidly under the simmering of these 5 minutes; similarly, potential bottom-hunting buying orders on and off the market are also simmering during these 5 minutes and continue to decay, resulting in the market's bullishness. Air forces, over time, become further out of balance.

Finally, when 9:30 came, the market ushered in the official continuous auction trading moment.

The stagnant boards of the two cities just started to jump, and then went straight down.

Within 1 minute, the Shanghai Index broke through the 2360 point, extending the decline to 2%. At the same time, the limit of the Shenzhen Stock Exchange Index and the ChiNext Index also expanded instantly, and they were also moving towards the 2% decline position.

As for the main lines of the two cities, the direction of the industry sector and the concept sector.

The main line fields of 'infrastructure' and 'state-owned enterprise reform', such as 'building materials, architectural decoration, real estate, steel, cement, public transportation' and a series of core sectors that were first impacted by huge selling orders, all of their concept sector indexes appeared The instantaneous explosive volume plummeted downward.

Secondly, the two main lines of 'mobile Internet' and 'smartphone industry chain' also experienced a passive decline in explosive volume, and the panic selling sentiment of major concept sectors continued to soar.

Immediately afterwards, the 'restructuring backdoor', 'ST sector', etc., which are strongly related to the restart of the IPO market.

At this moment, it also fell sharply, and the concentrated selling was extremely obvious.

But at this time, at the moment when most of the concept sectors in the two cities are all concentrated and falling, the so-called weak hedging areas, such as 'big finance', ' Consumption' and 'medicine' concept sectors, however, stood out during the period of market decline after the market opened, and stepped out of the trend of slowly rising against the trend, attracting safe-haven funds on and off the market.

Of course, at the time when the market conditions in the two cities are changing rapidly and styles are switching.

In the market, the effect of losing money is the most obvious, and the amount of selling can be the most concentrated. The areas where the majority of investors in the market complain the most are still 'infrastructure', 'state-owned enterprise reform', 'Shanghai Free Trade Zone', 'high-speed rail', and 'Internet finance' Waiting for a group of high-level and popular concept stock fields that have been continuously hyped in the early stage.

After all, the high-level popular concept stocks in these fields have accumulated the most serious profit margins in the entire market.

At this moment, when the long-short direction of the market is fully turning.

This kind of huge profit-making sell-off has caused the most lethality to these stocks, which is naturally the biggest in the market.

In almost 1 minute, under the unanimous selling sentiment, the top 15 popular and popular concept stocks in these concept sector fields all rushed to the limit, which directly caused the lack of liquidity of all high-ranking stocks.

At 9:31, the number of limit-down stocks in the two cities increased from 9 to 15 in a flash.

At 9:32, Huaguo MCC, the core large-cap stock in the field of "infrastructure", was directly killed to the limit-down limit, with a turnover of 2.86 million, and within ten seconds of the limit-down order, it increased sharply from 7200 lots to 36.7 lots , and it is still increasing crazily as time goes on.

At 9:33, on Huaguo MCC's limit-down market, the limit-down orders reached 92.3 lots, completely sealing the limit-down.

At 9:34, the decline in the Shanghai Index expanded to 2.2%, and the decline in the Shenzhen Index and the ChiNext Index both exceeded 2%. The two cities continued to show a unilateral downward trend.

At 9:35, China Fortune Land Development fell by the limit, becoming the first large-cap stock with a market value of more than 200 billion yuan in the real estate sector.

At 9:36, Gemdale Group’s decline expanded to 7%, Kumho Group was approaching the limit, and the entire real estate sector index’s decline expanded to 3.75%.

At 9:37, Huaguo Construction fell by nearly 5%, and the turnover exceeded 5 million.

At 9:38, the decline of Huaguo Communication Construction expanded to more than 7%. On the disk, there were 10 consecutive large orders of [-] lots.

At 9:40, the two core lines of 'infrastructure' and 'state-owned enterprise reform', the main capital flow of all related industry sectors, and the net outflow of funds reached 16.7 billion.

At 9:45, the decline in the Shanghai stock index expanded to 2.5%, and the panic selling sentiment in the two cities further deepened.

At 9:50, the real estate, steel, and cement sectors all fell by more than 4.5%. Huaxin Cement and Bayi Iron and Steel fell by the limit, and the panic selling sentiment in the market has completely spread to all the industry sectors and concept sectors in the two cities. , Only 20 minutes after the market opened, the net selling volume of funds in the two cities reached 53.36 billion.

At 9:55, the Shanghai stock index broke through the 2340 point, and the number of limit-down stocks in the two cities went straight to the 30 mark.

But at this moment, seeing the unilateral plunge in such a situation after the market opened.

Magic City, inside Yinghui Fund Company, 'Yinghui No. 1' fund product trading room, has made a decisive lighten-up trading strategy, but it has not yet been implemented, and is still heavily locked in the market, a fund that is exposed to the risk of a market plunge The manager Liu Guanhai couldn't help but gasped, stood up from the chair in front of the desk with an extremely ugly face, gritted his teeth, and asked the trading team leader Yu Lei, "How much has it been reduced?"