The Road to Rebirth Finance

Chapter 326 The Second Stock Market Crash Arrives
The market is jittery, and foreigners have to follow suit, and wait until the market opens on Monday, July 7.

Foreign media even broke the news that the securities company has recently closed the repayment of some commercial bank interbank loans.

This has caused the market to be more worried about the early withdrawal of rescue funds.

"A certain team is going to run?"

"I'll go, cut a fortune and run away?"

"What should I do when the market opens today? Do you want to run early?"

Shrouded in this sentiment, since the Shanghai and Shenzhen stock markets began to call auctions, the performance of stock indexes and individual stocks has been extremely sluggish, and the fragile nerves of investors are fully reflected at this moment.

Both the Shanghai and Shenzhen stock markets gapped and opened lower, and the three major indexes all fell below the [-]-day moving average. Individual stock funds have once again fled in panic since the call auction began.

And when the rescue funds used two barrels of oil and bank stocks to maintain the index again, the funds fleeing from the Shanghai and Shenzhen stock markets became more and more eager.

Recently, investors who have suffered losses and plummeted in a row have formed a habit of thinking.

Under muscle memory, as long as two barrels of oil are pulled up, investors will run away with their lives cut off, and they will not go to see the market at all, and just clear their positions with one click.

Under such circumstances, the Shanghai and Shenzhen stock markets plunged sharply today, with Shanghai and Shenzhen plummeting 8.48% in one day, and the index broke through 4000, 3900, and 3800 points in a row, reporting at 3725.56 points.

The GEM index fell 7.40% today, and the stock index closed at 2683.45 points.

Between the two trading days, the daily limit of the three major indexes, Liu Lianyang, was instantly swallowed up.

The lower limit of thousands of shares was staged again as scheduled. Today, Junshi No. 24.93, the three major heavyweight Wuliangye, fell by the limit. The stock price reported 8.07 yuan, Maotai fell 201.52%, the stock price reported 7.85 yuan, and Wanke A fell 14.20% to close at [-] yuan .

Within a day, Maotai Liquor returned to a state of floating losses, while the profits of Wuliangye and Wanke A were less than 3%. Even Tellus, which has already been trending to be a monster, fell 5.13% today.

Investors participating in the transaction once again experienced a trend in which no one was spared, which can be described as extremely depressed.

"Wuliangye will increase the position by 5 lots, and Maotai Liquor will increase the position by 5000 lots." Gu Junhao ordered unhurriedly.

Vanke A's position is already quite high, and it is still in a floating profit state, and there is no need to increase its position for the time being.

Although Wuliangye is also in a state of floating profit, the market value of its holdings is currently not very high in terms of the overall market value, and there is no problem in increasing positions at the limit price.

As for worrying about a certain team running away with a bucket, it is of course nonsense at present.

In just one month, most of the turnover in the Shanghai and Shenzhen stock markets was contributed by the rescue forces led by a certain team. How could they escape so quickly.

That being the case, I also increased my position again, in any case, it can be regarded as once again cooperating to rescue the market.

Under the plunge, the rescue funds had to take another shot to maintain the situation, which seemed extremely passive.

On Tuesday, with the entry of stability maintenance funds, the Shanghai stock index began to rebound after falling to the lowest point of 3537 points. The index bottomed out and rose to 3600 points, narrowing the decline to less than 2%.

Today, the GEM index still fell sharply, reaching 3.78%. The daily turnover of the Shanghai and Shenzhen stock markets was 1.3 million yuan, and a total of 360 stocks in the two cities fell by the limit.

In the after-hours news, a certain team made a big sweep today, buying a total of 21 stocks.

The China Securities Regulatory Commission has spoken out three times within 24 hours to maintain stability, and its determination to protect the market is very firm. It is also very rare for the central bank to speak out to support the bulls before the opening of the market on the 29th.

The Hong Kong Stock Exchange has significantly lowered the trading fees for northbound A-shares in the Shanghai-Hong Kong Stock Connect, and the enthusiasm for buying northbound funds has greatly increased.

Individual stocks that violated regulations such as AVIC were investigated and punished one after another. Under the thunder, the short sellers were once again restricted on the 29th.

On the 29th, after a morning of sluggishness, a certain team made another move in the afternoon, and the three major indexes were pulled up sharply. The Shanghai Stock Exchange Index rose 3.44% today, with a total of more than 300 individual stocks trading at their daily limit.

When the two armies fought, they worked hard at one stroke, then declined again, and exhausted three times.

The previous rescues were accompanied by a daily limit of thousands of stocks, but today there are only more than 300 individual stocks with a daily limit. The reason is that they have not received the cooperation of quantity and energy.

Since the comprehensive rescue of the market on July 7, when the stock index has been in a sluggish performance, the rescue funds have come like a savior.

In the early days, retail investors shouted to blow up the shorts for this soul-stirring uplift.

However, following the several thousand-share limit-downs this month, retail investors and even some small institutions can no longer bear this kind of torture. When the rescue funds are pulled up, what they think of is not the full cooperation as before, but the running. road.

Running away while the rescue funds are rising, as long as you can recover some losses, there is nothing else to think about.

This is the general performance of the market in the second half of July.

Under such an environment, the strength brought by the rescue of the market has become weaker and weaker. Today's failure to reach the daily limit of [-] shares is a symbolic event.

Today will be a feng shui ridge for the rescue market.

If there is no accident, the bailout will still be maintained, but the performance of the Shanghai and Shenzhen stock markets may not be as expected.

And after the end of today's transaction, it also has a certain impact on Junshi No. [-], that is, Wuliangye has suspended trading.

Wuliangye, which fell by the limit on Monday, rebounded slightly for two consecutive trading days, rising 0.51% today, and its stock price was reported at 25.73 yuan.

Wuliangye's suspension of trading this time is based on planning to issue shares and implement an employee stock ownership plan.

After trading was suspended today, Junshi No. 15 holds 3.85 lots of Wuliangye, with a total market value of more than [-] million yuan.

"It's very good. It's also a good thing to suspend trading, so as not to fall." Gu Junhao said with a smile.

During this period of time, buying liquor stocks is just for him to reduce the decline and be safer, which is equivalent to hedging.

Not to mention that, as of today's suspension of trading this month, Wuliangye still fell 18.83%. Fortunately, Gu Junhao did not intervene at the beginning of the month, and there is still some slight profit margin.

The rescue effect gradually became less obvious. In the following two trading days, the Shanghai stock index ended the turbulent July with two consecutive losses, and the stock index finally closed at 3663.73 points.

After peaking at 5178 points in June and falling 7.25% throughout the month, it fell again by 14.34% this month.

The GEM index fell 19.31% again after the 11.15% drop in June, and the stock index closed at 2539.84 points for the whole month.

After the end of trading on July 7, which happened to be the weekend, the stock market crash that lasted for more than one and a half months dealt a serious blow to the market.

Whether it is a new investor or an old leek, they have lost great confidence in the market.

Regarding the market trend in the next August, and even this year's trend, most people have no expectations, and it is already an extravagant hope to be able to recover.

The overall size of Junshi No. 31.26, which was last announced at the end of July, was 6.2535 billion yuan, with a net worth ratio of [-].

Affected by the sharp drop, it only increased by less than 400 million yuan from last week.

This increase of 400 million yuan is all due to the demon stock Tellus.

Except for the big drop this week, Tellus shares remained strong in the remaining four trading days. On Thursday and Friday, it even pulled out two daily limits in a row, and the stock price has reached as high as 32.66 yuan.

Tellus shares, which rose 58% this month, also pushed the market value of Gu Junhao’s holdings to more than 2.6 million yuan. However, after entering this week, the trading volume of Tellus shares has increased significantly.

The increase in trading volume also means that Tellus shares, which have risen continuously with almost no adjustments, are accelerating into a staged top position.

Even if it is ten times the monster stock, it cannot be directly achieved by a round of increase.

After the weekend on August 8 and August 1 ended, A shares ushered in August trading.

Although the rescue funds are still frequently sold, and the index has also risen sharply from time to time, it has not been able to break through the big negative line on July 7, let alone attack the 27 point again.

On Friday, August 8, the last trading day in the first half of August, the Shanghai Stock Exchange Index hit the highest point of 14 points within the day, and then closed down 4000.68% throughout the day.

At the same time, since August 8, the share price of Tellus shares has continued to rise sharply. As of yesterday, the share price reached a price of 3 yuan.

Tellus shares, which had a turnover of up to 10 billion yuan throughout the day but only rose by 0.7%, fell below the daily [-]-day line for the first time today under the circumstances of obvious stagflation.

Today, the turnover of Tellus shares was 7.6 million yuan, a sharp drop of 5.2%. Since the one-month rise, it is very obvious that the stock price has peaked in the short term.

The highest price of this round of 51.99 yuan can be said to be full of personality, which is very in line with the style of some old villages and hot money.

Gu Junhao has also successfully cleared the shares of Tellus yesterday and today.

A round of monster stocks brought a total of 3.2 million yuan of return funds to Junshi No. 2, with a profit of more than [-] million yuan, laying a solid foundation for the decline of blue-chip holdings.

However, this demon stock is not finished yet, and there is still a chance to intervene again in the future, just wait for the opportunity.

Tellus' trend full of monsters was one of the few bright spots in the market last month and this month.

Last month, Tellus shares were in the limelight, but this month there is another stock vying for the limelight.

Affected by a certain team's placards, Anita Mui Jixiang rose to prominence this month and was awarded the title of "King's Woman".

The market failed to break through and regain the big Yin line on July 10 in 7 trading days. From the daily line, the two heavy-volume cross Yin lines on the 17th and 11th of this month, the peaking trend is very obvious.

The bailout failed to restore investor confidence, and the time came to Tuesday, August 8.

The Shanghai stock index runs through all the moving average positions of the daily line with a 6.15% decline, showing a broken position.

Tellus shares also fell continuously on Monday and Tuesday of these two weeks. The stock price fell below the 10-day line and reported a price of 44 yuan.

On the second trading day in the second half of August, the Shanghai stock index once again stopped at 4000 points and broke the position, which dealt a heavy blow to the market.

Anyone with a little investment experience at this time can know that 4000 points will be a major threshold for A shares in the future.

After breaking the position, investors lost confidence in the following three trading days, and the two cities continued to fall.

Friday, August 8st, the last trading day of the week.

The Shanghai stock index barely closed at 3507.74 points, a sharp drop of 4.27% within the day, and a sharp drop of 11.54% within a week.

The GEM index fell 12.42% this week, and the index lost 2400 points to 2341.95 points.

Judging from the weekly K-line, the declines of the two cities this week are similar to the weekly declines of the biggest stock market crashes since June 6.

This also means that the second bottom after the stock market crash has arrived. If the performance is not good next Monday, the two will enter the second round of stock market crashes this year, until the bottom of the policy is broken to find the real market bottom.

　At the end of May, I updated more than 20 words when I was sick and asked for leave. It was not easy, and I am very grateful to everyone for your support of the monthly pass. Thank you!

　　
　
(End of this chapter)