The Road to Rebirth Finance

Chapter 316 Travel lightly, wait for the stock market crash (two in one, ask for a monthly ticket)

Since May 5, the Shanghai Composite Index has started a new round of short-squeeze rising prices. The index has broken through from 18 points to above 4300 points. Within eight trading days, the Shanghai Composite Index has risen as high as 4900 points. The increase reached 633.02%.

The trading volume of the Shanghai and Shenzhen stock markets has exceeded 2 trillion yuan for three consecutive trading days. Under the pressure of short-term buying orders, the short-term overbought has become very serious. The market urgently needs a major adjustment to consume these overbought forces. .

In fact, not only is the Shanghai stock index seriously overbought and deviates from the [-]-day line, but Central Huijin’s large reduction in holdings of the four major banks should also be enough to attract the attention of the market. This is the first time that Huijin has reduced its holdings in the four major banks.

According to the public information disclosed by relevant data, Huijin reduced its holdings in ICBC and CCB in the A-share market on May 5, with the amounts being 26 billion yuan and 16.29 billion yuan respectively.

The retreat of the national team is itself a topic that has attracted the attention of the market, but this time it was overshadowed by the daily limit of more than 400 stocks yesterday.

Retail investors are still immersed in the wish of the index hitting 5000 points, without any awareness of risks.

But this does not mean that smart money has not been discovered, there will always be smart people in the market.

Under such an environment, even if there is no big drop today, there will be a big drop in the next trading day, so in Gu Junhao's view, the big drop of 528 is not surprising.

In early trading, both the Shanghai Composite Index and the Shenzhen Composite Index opened slightly higher after the two cities were matched by call auctions.

The GEM index opened slightly lower. Before 10:30 am, the trend of the two cities was stable.

The Shanghai Composite Index hit the highest point of 4986.50 points, an increase of close to 1%.

The GEM index also rose by more than 1.2% at one point, with the index reporting as high as 3677.33 points.

The main funds used one hour of trading time to confuse a large number of retail investors. 5000 points and 3700 points seem to be close at hand, and the good expectations of the bull market make people daydream infinitely.

At 10:38, the Shanghai Stock Exchange Index began to show signs of diving. In less than 5 minutes, the index dived by more than 1%, reporting 4932.63 points, down 0.18%. The ChiNext Index and major sectors began to follow suit.

In fact, most retail investors have not yet realized the existence of risks.

I still think that the index and individual stocks are as volatile as the previous few days, and in the end they will still complete the adjustment within the day and continue to rise.

This is the case even when the Shanghai Composite Index fell by 1.40% at the close of noon and the index has fallen below 4900 points.

The intraday dive has entered an accelerated period since the opening in the afternoon. A series of financial stocks and stocks with Chinese prefixes, which are mostly held by the national team, have begun to step up their dives, and the stock index has also shown a unilateral rapid decline.

At 02:30 in the afternoon, the Shanghai Composite Index fell by more than 3.8%.

Most financial stocks, including brokerages, insurance companies, and banks, began to drop their limits one after another, and huge amounts of funds began to flee.

There was no rebound at all. At 6.50 o'clock in the afternoon, the two markets closed, and the Shanghai stock index fell 320%, falling more than [-] points in one day.

The Growth Enterprise Market Index fell 5.39%, and the Shanghai Stock Exchange Index’s single-day turnover exceeded 1.25 trillion.

The three major financial sectors became the hardest-hit places. The overall brokerage sector fell by the limit, the insurance sector fell by more than 6%, and the banking sector fell by more than 5%.

The Belt and Road sector, which has become a recent hot spot, has plummeted by more than 7%, and there are countless stocks in the sector with daily limit.

There are many stocks with limit-downs on the market, and a certain team is full of a series of stocks that have fallen.

And these sectors are the most popular sectors recently, and a large number of retail investors gather here.

Before the stock market crash in 2015, the Chinese prefix and big finance were not so cast aside by later generations.

As a retail investor, if I didn't take a limit down today, I would be ashamed to go out to meet people.

Dongfang Fortune, the only stock Gu Junhao currently holds, reported another 6.52% drop today after a sharp drop of 7.16% yesterday. The stock price has fallen from the highest of 91.45 yuan that month to 72.90 yuan today.

Zhongguo Yizhong, which cleared its positions yesterday, reported a sharp drop of 21.37% after rushing to 7.39 yuan this morning.

Tong Huashun, which is in the same sector as Dongfang Fortune, is not doing much better, and its stock price has fallen from the highest point of 128.50 yuan in the month to the current 92.80 yuan, falling below the 100 yuan mark again.

Nowadays, 100-yuan stocks are already a major threshold for the GEM constituent stocks, and there are not many stocks that can sustainably stand above [-] yuan.

Today's market can be regarded as a preview before the crash.

As far as the closing index of the Shanghai Composite Index is concerned today, there is still an increase of almost 550 points from the real crash.

To be honest, if you want to buy the bottom, the profit is still good, but Gu Junhao no longer plans to copy.

Everyone knows who is making the big drop this round. As Junshi No. [-]'s current size, if you want to buy the bottom, you can only go to their place to grab food.

I have made so much profit before, which has attracted widespread attention from the market. If I still enter the market for food in the final stage, I will be a bit desperate.

In less than a year, Junshi Capital's two funds have increased from the initial total size of 5.4 million yuan to the current total size of more than 34 billion yuan, plus nearly 4 million yuan in personal accounts.

Aside from the cost, Gu Junhao earned a net profit of more than 30 billion yuan in the market this year.

Although the money is just a drop in the bucket for a certain team, the net profit of more than 30 billion in less than a year is enough to attract attention.

Now that they have retreated ahead of time, there is no need to re-enter the arena, so as not to cause trouble.

As for making a huge profit by shorting stock index futures during the market crash, Gu Junhao didn't even think about it. This is simply looking for shit.

In Gu Junhao's opinion, the biggest reason why the fellow went in to step on the sewing machine was probably related to this.

Of course, Gu Junhao didn't know the specific reason, it was just his own guess.

And when they waited until the rescue was called for, and then re-entered, the impression left would naturally be different.

As for the remaining 3 hands of Dong Fang's wealth, Gu Junhao is not very worried, and there is still a chance to reduce the position and exchange shares next month.

As for the next rotation section, Gu Junhao also thought about it, that is, try to avoid entering a certain team's arena.

It is not impossible to go to some sectors that have not received much attention, or even some monster stocks.

As long as you don't make trouble, no one will care how you cut the leeks.

On May 5, the Shanghai and Shenzhen stock markets ended today's trading with a golden needle bottoming out.

Judging from the trend of the next day, it seems that it has the same effect as the previous sharp drop of more than 5%, which has left countless hopes for the new investors.

There is nothing that cannot be changed with one positive line, if not, then two.

Dongfang Fortune bottomed out at 70 yuan today and closed at 74.29 yuan, ending this month's trading with a 1.91% increase.

In May, Dongfang Fortune no longer had the glory of April. Since entering the second half of the trading, the stock price has continued to fall, and the last month fell 11.51% to end the trading in May.

As of the end of May, due to the high position clearance of Zhongguo Yizhong and the high position reduction of Dongfang Fortune, the overall size of Junshi No. 27.18 finally reached around 5.4357 billion yuan, with a net worth of [-].

In fact, as long as you don't mess around, based on the current market value of Dongfang Fortune, since it is calculated as a 5% drop, the overall income of Junshi No. 11 can also remain above [-]. After the opening period in November, this net value It is also very dazzling.

After the end of May, for Gu Junhao, whether it is a company or an individual, it can be said that it is easy to travel.

Personally, Gu Junhao has already paid off the bridge loan and the financing of the securities firm, and the company is operating with zero debt.

After the end of this month, Gu Junhao also sorted out and paid attention to the financial situation of the company and himself. At present, the cash flow on the company's account is as high as 4.4 million yuan, and the cash held by the individual is more than 3.8 million yuan.

The shareholding structure of Junshi Capital is quite simple. Currently, Gu Junhao occupies 98%, and the other 2% is under the name of legal representative Zhang Mingde.

Zhang Mingde does not participate in the specific operation of Junshi Capital, and the shares under his name are actually held on behalf of Zhang Yiru.

The whole company is Gu Junhao's voice.

That is to say, without counting the profit of Junshi No. 8, Gu Junhao's current cash flow that can support exceeds 10 million yuan, and he has properly entered the billionaire level.

To be honest, although personal shareholding and fund net worth have been rising, Gu Junhao's personal disposable cash has never exceeded [-] million yuan.

Several times, the loan was spilled out before it was warmed up in the hand.

The difference from the previous life is that Gu Junhao's property in the previous life was accumulated step by step, and he enjoyed all that should be enjoyed during the process, and the concept of money is gradual.

But now suddenly there is more than 8 million yuan in cash flow in his hand. To be honest, Gu Junhao doesn't know how to spend it all of a sudden.

On the company side, it is good to say that Junshi Capital will set up its own self-operated market and investment in the primary market in the future.

Whether the cash flow of more than 4 million yuan will be enough is still a question.

As for the personal cash of 3.8 million yuan, Gu Junhao really didn't think about how to spend it for a while, and he was just helping Zhang Yiru to boost his performance.

Such a large amount of money lying in a bank account sounds extravagant.

It has to be said that after learning about Gu Junhao's liquidation, the local bank was very enthusiastic about Gu Junhao who had a large amount of cash flow, and he would receive invitations to dinner from time to time.

With Junshi No. [-] making so much money, Gu Junhao, who has always been generous in terms of treatment, naturally would not treat his employees badly. All employees of the company have a lot of bonus income.

Apart from the executives, Xu Jianqing and his assistant Li Xinyu had the most lucrative bonuses. The bonus Xu Jianqing got was enough to buy a good real estate in Beicang with all the money, which made him laugh from ear to ear .

Li Xinyu, who has grown rapidly since joining the company, has a bonus that is only a lot more than the money she earned in the stock market. Li Xinyu, who originally made 20 yuan in Tonghuashun, was quite excited, and originally wanted to earn another sum with her boss. .

However, after receiving the bonus, Li Xinyu didn't care so much about stocks, and just worked hard as co-authors.

As for Wu Peng and Cao Wenxun, due to the fact that they haven't worked for a long time, their bonuses are naturally much lower than those of Xu Jianqing.

However, the individual stocks traded by the two have risen sharply. In the process, the performance improvement has already been a lot of money, so there is nothing to say about the distribution of bonuses.

In fact, Gu Junhao originally wanted to hold a make-up annual meeting, but thinking about the imminent stock market crash, it seems a little inappropriate to hold a make-up annual meeting at this time, and when the stock market crash is hyped up, it would be to sprinkle salt on the wounds of leeks.

Moreover, Gu Junhao also tried to keep a low profile when distributing bonuses, but some employees still couldn't help showing off. Fortunately, the financial industry has relatively high income. Although it has attracted heated discussions, it is within a reasonable range.

The first fund has made so much money for the company, so it is appropriate to give some bonuses to employees. I believe that after a period of discussion, no one will pay attention to it when the stock market crashes.

Monday, June 6; following the bottoming out of the Shanghai and Shenzhen stock markets last Friday, the two markets once again ushered in a sharp rise on the first trading day in June. Both large and small cap stocks rose sharply. A total of more than 1 stocks in the two markets rose by their daily limit .

The Shanghai stock index rose 4.71% throughout the day, easily standing at 4800 points, while the GEM index soared 4.97%, and the two cities ushered in a retaliatory rebound.

On June 6, the Shanghai stock index rose again by more than 2%, the index stood firm at 2 points, and the ChiNext index rose again by 4900%, easily breaking through 4.92 points in two trading days.

On June 6, the Shanghai stock index paused at the previous high position today, and the index closed down 3% throughout the day, while the GEM index once again ended today's trading with a 0.01% increase.

The index even rushed above 4000 points in the intraday session, and its performance was amazing.

Following the daily limit yesterday, Dongfang Fortune closed at a daily limit again today, with the stock price at 95.48 yuan.

Now that the GEM index has touched 4000 points, and the stock price of Dongfang Fortune has returned to above 90 yuan again, Gu Junhao, who originally wanted to keep Dongfang Fortune's position for a few more days, simply liquidated the position.

The market value of 2.8 million yuan is not worth mentioning under Dongfang Fortune's daily trading volume of 86.1 billion yuan, and Junshi No. 27.8144 has also entered a short-term short position stage. The current overall account size is 5.5629 billion yuan, and the net worth ratio is [-].

On June 6, the website of the China Securities Regulatory Commission announced that Guotai Junan, the largest IPO in the past five years, with a total financing of 4 billion yuan, was approved. As another symbolic stock that entered the countdown of A shares, it caused violent fluctuations in the Shanghai Composite Index.

Throughout the history of A-shares, every elephant-level fundraising will have a great impact on the market. Guotai Junan’s IPO process and subsequent listing will have a great impact on the market.

Today, under the influence of this news, the Shanghai Composite Index fluctuated violently. Before the end of noon, as the news fermented, the Shanghai Composite Index plunged rapidly. The index once fell by more than 5% in the intraday session. It fell below 4900 points.

This is already the third intraday big dive in the past six trading days, although the index finally completed a big reversal and finally rose 0.76%.

However, when the index is close to 5000 points, such frequent diving also means that the funds in the market are fleeing at an accelerated rate.

The ChiNext Index also closed down 4000% after failing to reach the 0.97-point barrier again today, showing a trend of peaking ahead of the broader market.

Gu Junhao does not remember the exact date when the GEM peaked, but he does remember clearly that 4000 points is the high point of the GEM.

On Friday, June 6th, the last trading day of this week, the GEM index failed to reach 5 points for the third time within a week, and today's decline expanded to 4000%.

After Dongfang Fortune’s stock price rose 6.64% in a V-shaped reversal yesterday, it set a new record high today, with the stock price at 102.84 yuan. Afterwards, the stock price maintained a low opening and low trend throughout the day, falling 9.25% within the day.

Tong Huashun also set a new high price after ex-rights today, with a highest price of 142.50 yuan, and then began diving performances, and finally closed down 6.16%. Tong Huashun’s amplitude exceeded 15% today. From the after-hours dragon and tiger list, it can also be seen that hot funds and institutions Under the game, the outflow of funds is accelerating.

Another GEM stock, Yin Zhijie, which has been with Gu Junhao for nearly a year, went out of seven consecutive daily limits within eight trading days after the resumption of trading on May 5, and then fell sharply for two consecutive days in the three trading days until today. .

Judging from the trend of these three representative GEM constituent stocks, the GEM index, which has closed down for two consecutive days, has already shown a clear signal of peaking. Dongfang Fortune’s stock price of 102.84 yuan is very likely to be this The highest price in a round.

What is more interesting is that although Dongfang Fortune did not announce the Dragon and Tiger list today, judging from his Dragon and Tiger list in the past two days, the figures of the Shanghai Gang are rampant in the Dragon and Tiger list. A member of the Shanghai Gang.

Coincidentally, Gu Junhao cut them off again.

And there is no lack of Shanghai Gang in the Tonghuashun Dragon and Tiger List. Near the end of the bull market, this gang of hot money is still tirelessly looking for opportunities, and they don't know if they can run away.

But this group of people is not short of money, and this round of bull market should have made a lot of money, so it's nothing to cut some meat and keep it in the market.

After the market closed on June 6, Junshi No. 5 announced its net worth again. Compared with the total scale of 27.17 billion yuan at the end of last month, the total scale of 27.81 yuan this week has not changed much, and its net worth has only slightly increased from 5.4357 to 5.5629.

At this moment, those who are interested can already see that the position of Junshi No. 8.92 is already very low. You must know that the increase of the Shanghai Composite Index this week has reached 5000%, and the index has even stabilized at [-] points.

The GEM index rose by 9.68%, while Junshi No. 2.33 only rose by [-]% this week, far underperforming the index. This increase is completely different from its usual performance.

"Is this kid already liquidated?" Looking at the performance of Junshi No. [-], who has taken over the top position since the liquidation of Junshi No. [-], Wang Chao frowned slightly.

Through the net worth curve, Wang Chao can see at a glance that the net worth of Junshi No. 6 has not changed in the two days of June 4 and June 6.

You must know that the volatility of the market in the past two days has been very large.

Even if the market stood firm at 6 points on June 5, it experienced huge fluctuations, and the market also continued to dive.

Even if Junshi No. [-] only has [-]% of the position, it is impossible for these two days to be without fluctuations.

"It's very possible that Mr. Gu is still very sensitive to the market, as can be seen from his liquidation of his personal account and the liquidation of Junshi No. [-]." Shi Xin nodded.

"This is not optimistic about the market. Now Junshi No. [-] is basically confirmed to be liquidated, which is a bit interesting." Wang Chao said playfully.

"Well, don't have to liquidate Junshi No. [-] with two months' management fees in advance. Although Mr. Gu said that it is the company's capital needs, this is just a lie to laymen." Shi Xin also said with a smile.

Then Shi Xin said to Wang Chao, "Shall we clear it?"

"You trust Mr. Gu just like that? The current upward trend is not bad. Even if it peaks, there will be a second process of peaking. There is no need to clear the position, right?"

Wang Chao looked at his brother-in-law in surprise and said.

Unlike my brother-in-law, Wang Chao experienced the 2007 bull market in 6124, so he is not too surprised at the current 5000 point.

In Wang Chao’s view, after the 528 sharp drop, the Shanghai Composite Index recovered after six trading days until it broke through 5000 points. At present, the Shanghai Composite Index has not deviated from the daily line and the [-]-day line, and its weekly performance is also relatively good.

Although there are signs of accelerated outflow of funds, the shock is also increasing day by day, and even if it peaks in the short term, they can escape smoothly.

You can reduce your position at a high index level, but there is no need to liquidate your position at all, and maintaining a certain position to do T will also better improve the performance of the fund.

"Believe it or not, just look at the GEM index and the trend of Tong Huashun and Dongfang Fortune. Brother-in-law, you also liquidated Dongfang Fortune after Mr. Gu sold Tong Huashun."

"These few are showing signs of peaking, but the market feels that there will be another surge. It is no problem to reduce positions, but there is no need to clear positions. Besides, our positions are not too high."

"That's fine, then listen to your brother-in-law, we will have time to run when we reach the peak." After thinking about it, Shi Xin felt that what his brother-in-law said was right, who wouldn't run away.
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In the trading room of Junshi Capital, Gu Junhao made a surprising decision after Xu Jianqing announced his net worth for this week.

"Okay, that's all for today; besides, the fund is already empty, and there is nothing to do. This month will start a holiday, and everyone will come back to work on the 1st of next month."

"Ah? Holiday?" Everyone exclaimed unexpectedly.

One must know that he only worked for a week this month, and Mr. Gu actually announced that he would be on vacation. This meant that he did not intend to re-establish a position.

"Well, it's a holiday, and you still get your salary, but your performance will be affected this month." Gu Junhao said with a smile.

"Mr. Gu is not optimistic about the market. Don't you plan to build a new position this month?" Cao Wenxun said sharply.

He still had a small position in his hand. After Tong Huashun sold it, Cao Wenxun bought another stock based on his own experience.

"Well, I feel that the market is about to peak, and the GEM has already signaled it will peak ahead of time." Gu Junhao said bluntly.

"Then Gu always sees a major adjustment?" Wu Peng also continued.

"It depends on the adjustment, but I don't know how much it can be adjusted. Let's adapt to the situation. If you really want to open a position, I can handle it. You should take a vacation and rest for a while."

"That's fine, since Mr. Gu said so, let's enjoy it too, thank you Mr. Gu." Cao Wenxun said with a smile.

We all know Mr. Gu's sensitivity to the market. With such a leader, Lao Cao really doesn't worry about running away.

The following market changes will be very big, beyond everyone's imagination, and Gu Junhao is unwilling to say much at this time.

The reason why he gave the traders a holiday was actually because Gu Junhao considered it more from the perspective of the company's employees.

In the madness of the past year, most of the employees of Junshi Capital, which is mostly young, have bought some stocks because of the boss's benefits.

Although Gu Junhao didn't know exactly how many people were trading in stocks, he thought there were quite a few of them. After all, the stock market has been really hot in recent months.

Naturally, Gu Junhao couldn't say that the market would plummet, but he reminded everyone by giving traders a holiday. Presumably, he should remind most people.

The traders are on vacation, and the stock market is definitely not much better, as anyone who is not stupid can see.

Gu Junhao didn't want the following stock market crash to affect the company's stability.

Xu Jianqing is quite popular, so let him remind everyone in private when the time comes, which should save the employees a little loss.

Especially when a large bonus was given to the employees this time, Gu Junhao didn't want them to turn around and lose all the bonus in the stock market.

It would be a bit ridiculous to avoid cutting leeks by yourself, then giving bonuses to employees, and then employees being harvested in the stock market.

"Everyone leave, Xiao Xu stay here for a while, I have something to tell you." Gu Junhao said to everyone, leaving Xu Jianqing the job of blowing the air in private.

"Huh? Okay."

　Whether you can experience the happiness of a 1000 monthly ticket lottery depends on the brothers, I hope there is still a little~

　　
　
(End of this chapter)