The investment era of rebirth

Chapter 59 GEM refers to the 1000-point mark

Throughout the weekend, whether domestic or foreign, the market news was calm.

Su Yu browsed for a while, but did not see any information worthy of special attention, so he logged in to several stock trading accounts he traded, and locked the computer interface to the stock market trading interface.

Immediately afterwards, at 9:15, the call auction between the two cities began.

The stock price of Huaqingbao flickered at the price of 24.50 yuan, and then became 24.79 yuan, an increase of more than 1.2%, which opened significantly higher.

Afterwards, the bidding and buying orders gradually followed, and the stock price of Huaqingbao also gradually increased.

9点16分，9点17分，9点18分……

Seeing that the time passed 9:20 and entered the real call auction stage of irrevocable orders, and there were still not many active call auction pending orders on Hua Qingbao's disk, Su Yu breathed a sigh of relief, and quickly moved his hand from the mouse. Move up and continue to lock up and wait and see.

"It seems that the funds from Anping Road on the Shanghai Stock Exchange are indeed private equity funds."

Su Yu saw that there was basically no pressure on Hua Qingbao's call auction board, and secretly said: "The determination to lock up the position is still as firm as ever!"

This fund is the largest main force in the Huaqingbao stock market.

Su Yu felt that as the concept of 'mobile games' has been hyped up in the market, as long as the other party is determined to lock in chips and is recognized by various short-term hot money, hot money that dares to relay will naturally flock in again.

And after the opponent locks up a large number of circulating chips...

As long as the profit-making effect of the "mobile game" concept hype persists, as the stock price of Huaqingbao continues to rise, its bargaining chips will definitely become more scarce.

This will naturally form a positive feedback of funds, sentiment and stock prices.

During Su Yu's brief contemplation, 9:25 came, the market call auction ended, Huaqingbao opened about 2.7% higher, and the stock price was quoted at 25.16 yuan. Other popular stocks in similar concept sectors, such as Changqu Technology, Yaoji Technology, Meisheng Culture, etc. also opened slightly higher, and market funds have a good mood to follow suit.

In addition to the concept of 'mobile games', the popular concept of 'film and television media' is also much higher.

Core concept stocks such as Huayi Brothers, Guangzhi Media, and LeTV have also obviously received continuous attention from funds, opening 1% to 3% higher.

As for the Shanghai Stock Exchange Index on the main board, and the popular concepts of mobile payment and Internet finance in the early stage.

However, after the big rebound in the last trading day, during the bidding stage today, the continuous hype sentiment of funds began to ebb, and the enthusiasm was not high, showing a state of opening slightly lower.

"The overall mood is fine."

After reviewing the call auction results of the entire market, Su Yu secretly thought: "It's just that the ChiNext index is about to rebound to an important historical mark of 1000 points, and the market of 'mobile games' and 'film and television media', which are the main sectors of the ChiNext board, It has lasted for three trading days, and I am afraid there will be some differences today.”

The pressure on the market index and the divergence of the market will swallow up the demand for more incremental funds.

Su Yu estimated that today's overall market trend may not be very optimistic.

Of course, a one-day market correction cannot change the overall upward rebound trend of the market, and he will not care about the short-term gains and losses of this day.

With his analysis, at 9:30, the market officially started trading.

I saw a huge amount of short-term active funds. After clearly sensing that Huaqingbao's market pressure was not strong, they quickly poured in to compete for chips. In just 5 minutes, the stock price was pushed up to above 25.75, an increase of more than 5%.

same……

In the "film and television media" concept sector that brings together a large number of market-making effects, there are many other popular concept stocks.

After the market opened, it was continuously attacked by short-term active funds in the market.

With the continuous enthusiasm of the two major concept sectors, the ChiNext Index also rose rapidly, breaking through the 9 mark at 45:992, up more than 1%.

Of course, due to the pullback after the big financial and two barrels of oil rebounded yesterday.

The Shanghai stock index was dragged down. With the ChiNext Index rising by more than 1%, it could only barely turn red, which once again attracted criticism from heavyweight stock investors.

"The GEM is still strong. The Shanghai Stock Exchange Index is simply a heavy, broken car that can't be dragged by a tow."

"Heavyweight stocks are hopeless. It's a stagnant pool. There is no money willing to come in. Hey, out, out...wasting several months of market prices here and losing a lot. It's really not worth it."

"For stock trading, you have to invest in the place where the profit-making effect is the strongest in order to make money. Traditional big players such as securities, banks, coal, steel, and oil really have no future."

"Nowadays everyone pays attention to the 'new economy', and blue chips can only be reduced to 'bad chips'."

"Indeed, if you look at the growth of the GEM in the past two months, it is like a rainbow. It is a bull market that is going up all the way. Looking at the Shanghai Stock Exchange Index, it is still standing still, and it has fallen behind by [-] or [-] points."

"Yes, staying in these 'fools' of banks and securities is simply a waste of the market and a waste of opportunities."

"Looking at Hua Qingbao, it feels like the daily limit is about to rise again. It's really strong. This guy has more than doubled since the beginning of April!"

"Hey, don't talk about it, I have noticed this stock for a long time, but I have been afraid to buy it."

"But the less you dare to buy it, the higher it will go up."

"Bull stocks are like this. I think as long as you see the logic clearly, Hua Qingbao's position is not too high."

"Besides, buying a stock is the same as buying a house. It's about buying up and not down. If you don't dare to chase stocks like this, I'm afraid it will be really difficult to make money in the market."

"Hey, let's not talk about it. It's really uncomfortable to fall every day. I cut it off and went after Hua Qingbao."

Amidst the many complaints, as funds flow from the main board of the Shanghai Stock Exchange to the hot ChiNext, the seesaw effect is clearly revealed again.

I saw after 10 o'clock...

The Shanghai stock index fell slowly, while the GEM index quickly rose again and hit the 1000-point mark under the comprehensive divergence of the two major concept sectors of 'mobile games' and 'film and television media'.

Among them, individual stocks.

At 10:15, Huaqingbao took the lead in hitting the daily limit, and the stock price was reported at 26.95 yuan.

Subsequently, Changqu Technology followed the trend and pulled up, quickly breaking through the 8% increase, and also hit the daily limit. Among them, Yaoji Technology and Meisheng Culture also quickly rose by more than 6%.

And almost at the same time.

The three major "film and television media" core stocks of Huayi Brothers, Guangzhi Media, and LeTV also rose rapidly, breaking through to an increase of more than 5%.

"1000 points, 1000 points..."

In the entire market, countless pairs of eyes are focused on the ChiNext Index, hoping that it will break through 1000 points and create another historic moment.

At 10:21, the GEM index fell back quickly after reaching the highest point of 998.21, and encountered huge market selling pressure.

then……

The entire market capital, after sensing the difficulty of breaking through the 1000-point GEM index, is more difficult than imagined.

Start at a key position, throw chips and take profit.

With the increase of a large number of selling orders in the market, the daily limit trend of the entire sector of "mobile game" and "film and television media" that had just diverged was suddenly cut off, and quickly fell into a rapid decline.

Under this sentiment reversal, at 10:38, as the core stock of market attention.

Huaqingbao’s daily limit order, without internal smashing, began to drop sharply, large funds voluntarily canceled the order, the daily limit was opened, and the stock price quickly fell from 26.95 yuan to around 26.33 yuan, an increase of 7.5% to 8%. between.

And with the opening of the core leading stocks in the market.

The market's short-term chasing sentiment was quickly hit to a certain extent, and the entire high-level undertaking was blocked, which accelerated the decline of the index and individual stocks.

Under the influence of this situation.

At 11 o'clock, the ChiNext index retracted to around 990 points, and then gradually stabilized.

On the other hand, the Shanghai Stock Exchange Index fell by nearly 1%. Among them, the outflow of funds in the core weighted sectors such as securities, banking, steel, coal, and oil has not been effectively curbed.

Su Yu stared at the market changes in the two cities, and finally his eyes fell on the Huaqingbao board that was trading sideways near the 7% to 8% increase, and secretly said: "Fortunately, although the GEM refers to the 1000-point pressure selling, but The funds actively retreated, but they did not damage or consume too much market sentiment. After a short adjustment, the sentiment is accumulated again, and there should be a possibility of breaking the barrier.”

Thanks to the lock-up of major funds in Huaqingbao.

In the case of many short-term relay funds in the stock Huaqingbao, who sensed the pressure and voluntarily withdrew their orders and retreated, the entire concept market of "mobile games" and "film and television media" did not increase too much and consumed a lot The active funds in the market have become the emotional collapse of the "Tianyu Information Fifth Board was smashed" at the beginning.

In other words, these two popular concepts and the bargaining chip structure on the floor have not been destroyed.

It can continue to act as the main forward force of the ChiNext index breaking through the 1000-point pressure, ushering in the node of a full-scale market explosion.

Therefore, after Su Yu realized that the market sentiment was only shrinking and not defeated, he continued to lock up positions, kept on the sidelines, and waited for another breakthrough after the market adjustment.

While he was waiting, in the afternoon, the two cities continued to open for trading.

After the GEM index continued to shrink to the lowest point of 987, it was between 987 and 992 points.

The situation of continuous shock was maintained.

No more upward breakouts, no further pullbacks.

In the end, at 3 o'clock in the market, the GEM designated price was at 991.34 points, still up nearly 1%, and the Shanghai Stock Exchange Index closed down 0.89%, reported at 2241.92 points.

Among them, Huaqingbao closed at a 7.2% increase, and its stock price closed at 26.26 yuan.

After the market closed, in the evening, investors in the entire market reported a pessimistic attitude towards today's GEM index, which rose and fell, and broke through 1000 points.

The heavy positive news about the 'mobile game' industry is coming.

First, the news that Changqu Technology applied for suspension and reorganization, planned to acquire Dongwang Pioneer, deepened the layout of the game industry, and insisted on external expansion quickly detonated the market.

Then, in April, the ranking list of mobile game sales was announced, and the games with monthly sales of more than 4 million showed a 100% increase.

As for the games on the list as a whole, the monthly revenue growth has increased by more than 3% month-on-month compared with March, which proves that with the popularization of smart phones and 20G networks, "mobile games" are ushering in an unprecedented prospect of explosion , and the infinite imagination space in the future.

Accompanied by these two pieces of news, the market's attention to investment in the 'mobile game' industry began to skyrocket.

And amidst the soaring market attention, Hua Qingbao's check has once again been on the cusp of market discussions, attracting the attention of countless off-market investment funds.

(End of this chapter)