The Road to Rebirth Finance

Chapter 332 The Darkness Will Finally Pass
A big positive line changed beliefs. Although the stock market did not continue to rise as investors expected in the next two trading days, it fell for two consecutive trading days.But in the end it is to maintain its stable trend.

The GEM index performed well in the next two trading days of this week. Each round of rebound started with small and medium-sized enterprises first, and the performance of the GEM also met the rebound expectations.

Judging from the trend of individual stocks, they are all in line with the temperament of a rebound, not only Tellus shares, Tong Huashun; Longji shares, including Tianqi Liye and Gu Junhao's personal holdings, have also gone out of the same trend

The limit was lowered on September 9, and the limit was raised on September 15. The trend slowed down in the next two trading days, but the overall performance was relatively strong.

Among them, Tianqi Liye has the strongest trend. Since the rebound of 35.424 yuan, Tianqi Liye has benefited from the explosion of Likuang market. Generally, no new lows have been set.

Although the self-operated trading account has not done swings like the fund account, even if it falls to today, Tianqi Liye has maintained a profitable state since buying and opening a position, and has never suffered a loss
As of the close on September 9, Tianqi Liye closed at 18 yuan, and the profit in the self-operated trading account was as high as 59.20%. However, Longji shares in Gu Junhao's personal account are currently in a state of loss.

Longji shares closed at 8.78 yuan today, and the current loss rate is 13.9%. This stock has good potential in the future. Under the current situation that the market has stopped falling, Gu Junhao will increase his position next week.

Longji shares below 10 yuan may not appear again for a long time, even in the few days of the stock market meltdown in 2016, it may not be able to fall.

Unlike most investors and some institutions in the current market, Gu Junhao did not feel much despair about the current market of A shares, but believed that there were certain opportunities.

The current market is no different from the previous life. Including ordinary Sanwang and most institutions, they are full of despair about the market in September and even the next few months of this year.

Regarding the liquidation of leveraged funds, the current market value of the national team's overall purchases accounts for almost one-third of the tradable shares of A shares, all of which hang over the heads of large and small institutions and retail investors like the sword of Damocles.

Coupled with the deep fear caused by the stock market crash, it will not be enough to heal the wounds suffered by investors within a short period of time.

In his previous life, Gu Junhao also lurked in the retail investor group, and he deeply remembered that before the National Day, almost all the retail investors in the group and on social media wanted to clear their positions before the festival, and did not want to win the following market.

All of this is because I was really afraid of falling, so I missed the rebound in the fourth quarter for the expected circuit breaker, and when the leeks reacted, the circuit breaker also came.

All in all, in Gu Junhao's view, the market in the second half of September is a good time to open a position; at the same time, it is only two months before Junshi No. [-] ends its closed period.

During these two months, Gu Junhao also wanted to bring as much profit as possible to Junshi No. [-] through his own efforts, not just from the perspective of customers.

This is also a good thing for Junshi Capital.

Get more shares, you can have more funds to invest in foreign stock markets, and the sense of accomplishment brought by earning a knife is far more enjoyable than cutting leeks in A-shares.

Since September 9, during the remaining eight trading days in September, in addition to Gu Junhao's personal position to build a position in Longji shares, Junshi No. 21 is also ready to increase its position in Vanke A again.

Since the stock market crash in June, Baoneng started to build a position in Vanke, and the price of 13 yuan, which has been stuck for three months, has entered the last few trading days of September, and finally there is a trend of falling below.

Vanke's stock price continued to fall. In addition to the adjustment factor of the A-share entering the second half of September, the more important point was that Gu Neng could not buy again for a period of time after the second call.

This also caused Vanke to temporarily lose the support of large funds, and there was a danger of falling below the price of 13 yuan again. On September 9, Vanke reported at 24 yuan, and the stock price fell 13.09% within a day. Adjusted for five trading days.

Vanke’s management welcomed Baoneng’s first placard. At that time, the China Insurance Regulatory Commission called for insurance funds to enter the market without reinforcements for A shares, and relaxed the upper limit on the proportion of insurance funds investing in blue-chip stocks and equity assets. Entering the market opened the shackles.

Under such circumstances, all kinds of insurance funds have entered the market at low positions to sweep goods. Various acquisitions and anti-acquisition battles have been going on one after another in the past few months. At present, many listed companies have been successively included in Baoneng, Anbang, etc. More than a dozen insurance companies in China took advantage of the opportunity of policy relaxation to raise placards one after another.

As a leading company in the real estate industry, Vanke has excellent performance. According to the 2014 annual report, Vanke's total assets at this time are about 5000 billion yuan, and its total profit is about 250 billion yuan.

Unlike the high debts and unsightly cash flow of a large number of real estate companies, Vanke, the real estate overlord, had an astonishing 2014 billion yuan in monetary cash flow on its account in 627.

The largest shareholder holds only 14.89% of the shares. The equity is scattered, the stock price is cheap, the performance is excellent, and the cash flow on the account is high. It is impossible for the insurance capital to let go of this big piece of fat.

If calculated based on Vanke’s lowest price of 8.3 yuan after the stock market crash in June this year, it would only cost 15 billion yuan to buy 137% of the shares, and it would cost less than 200 billion yuan to become the largest shareholder of the real estate overlord. In the face of powerful insurance capital, who can refuse it.

Compared with the welcome attitude of the management when they raised their cards for the first time during the stock market crash, after Baoneng raised their cards for the second time, the management of Vanke responded quickly, and this was later described as the most exciting business battle in China. prelude.

Gu Junhao had watched this business war in his previous life. As the capital game war with the longest duration, the largest amount of money involved, and the widest range of areas in domestic business history, it lasted four years in total.

Various capitals took turns to participate, and the China Securities Regulatory Commission, the China Banking Regulatory Commission, and the China Insurance Regulatory Commission also all appeared on the stage, and the excitement can no longer be described in words.

Entering the second half of September, with Baoneng temporarily stopping buying, it is also the beginning of Vanke's management's counterattack, and the defensive side is also officially appearing in this commercial war. The current falling stock price is a response.

Most of Baoneng’s holdings have a very high financing leverage ratio. Speaking of which, this acquisition is also extremely risky, which is one of the reasons why Vanke has been sticking to the price of 13 yuan before.

Different from the previous life, in the previous life, Gu Junhao was just a small shrimp and didn't have enough funds to make a fortune. Moreover, the stock market had just recovered from the stock market crash at that time. Apart from rebounding, Gu Junhao was not very interested in the competition between the two sides.

This kind of commercial war cannot be resolved overnight. Instead of wasting time participating in offensive and defensive wars, ordinary retail investors should do a good job in their own rebound.

When gods fight, it is always mortals who suffer.

But this life is different. Today, Gu Junhao can have a certain amount of funds and time to participate in this commercial war, fishing in troubled waters. In the remaining few trading days of this month, Gu Junhao also completed the 20 lot of Wanke in the last two trading days. Masukura.

By the end of this month, the total position of Junshi No. 50 Vanke A has increased to 12.88 lots, with a holding cost of 9 yuan. As of September 30, the closing price of Vanke A was 12.73 yuan, which is currently a slight floating loss.

The increase in Longji shares in the personal account was also completed. This time, Gu Junhao held as many as 30 Longji shares in his personal account, and the cost was controlled within 9.5 yuan, which cost a total of 2.85 million yuan.

For the 2.85 million yuan, Gu Junhao didn't use a penny of his financing position. Everything was his own cash. It can be said that he can hold the stock for a long time.

And even if Longji's shares are cut in half again, Gu Junhao has nothing to panic. It doesn't matter whether the 2.85 million yuan is a short-term loss or not.

On the last trading day before the National Day, when the market was gloomy, Gu Junhao completed the low-level bottom-hunting operation since the two stock market crashes, and in the name of saving the market, it can be said that he has gained both fame and fortune.

At present, the Junshi No. 11.18 account holds a total of five stocks including Wuliangye, Maotai Liquor, Wanke A, Tong Huashun and Yaogu Tellus. In addition to holding market value, the Junshi No. [-] account still maintains With [-] billion yuan in cash.

With this amount of cash, Gu Junhao does not intend to open any more positions. This is to deal with the daily T and the redemption behavior of customers after Junshi No. [-] opens for redemption.

Junshi's self-operated market still holds Tianqi Liye and Nvidia, and Tianqi Liye has not moved a share. Nvidia allows Xu Jianqing to operate daily, and the current upward trend is also good. These are the assets of the company.

Junshi No. 33.9, which needs to announce its net worth today, has five holdings plus cash. The total size is close to 6.7791 billion yuan, and the net worth ratio is 1.7. Compared with last month, there has been an increase of more than 5.22 million yuan, and the overall growth rate is [-]. %.

Although the range of 5.22% is not large, it is already quite excellent. You must know that this month the Shanghai Composite Index still fell by 4.78%, the Shenzhen Component Index fell by 5.32%, and the ChiNext Index rose by 4.3%, but Junshi No. [-] also outperformed on it.

Since the June high, the Shanghai Composite Index has fallen by 2126 points, the ChiNext Index has fallen by 1918 points, and the Shenzhen Component Index has fallen the most. 18211 points, almost cut in half.

Looking at it this way, the worst stock market crash this time is the Shenzhen Component Index, and the corresponding decline in the stock market crash of the Shenzhen Component Index is also very tragic.

The main contribution to the performance of Junshi No. 39.51 Fund this month came from two stocks, Tellus and Tonghuashun, which had recently opened positions. Tonghuashun closed at [-] yuan at the end of the month, which was also a certain increase compared with the opening price.

Judging from the monthly line, the trend of Tonghuashun and Maotai is relatively similar. Tonghuashun’s monthly line has six consecutive negatives, and Maotai’s monthly line has four consecutive negatives.

Tong Huashun fell 4.5% in the month, and Maotai fell 2.59% in the month. Both of them stood firm on the 60-day line. As for Vanke A, this stock is only from the perspective of technical analysis and has no effect.

为君实二号贡献出最多收益的当属20元价位建仓的特力股份，特力股份自9月14日涨停以来，一直到9月24日，共计走出9个涨停的走势。

On September 9, Tellus shares were particularly crazy. One of them experienced the trend of sky-to-floor and ground-to-floor, and the final stock price closed at 24 yuan. This crazy trend has attracted great attention from the market.

If you do T right, you can make a crazy profit today. Sell at limit, buy at limit, and then limit at the end of the day. This super exciting trend will undoubtedly greatly stimulate a large number of retail investors.

And judging from the after-market Dragon and Tiger List, Tellus shares with a turnover of more than 15.5 billion yuan today, it is really crazy to do T with hot money, and almost all of them are full-stock operations.

However, it is also because of the nine-linked board and today's madness that the Shenzhen Stock Exchange couldn't stand the share price of Tellus, whose stock price rose to 50 yuan again, and it also resorted to a big move to suspend trading.

Then, in the remaining few trading days of this month, Tellus shares were in the suspension stage. The closing price at the end of the month was 50.16 yuan, and the monthly increase of 89.86% brought Junshi II a floating profit of more than 1.5 million yuan.

And Junshi No. 1.7's floating profit in one month is only more than [-] million yuan, and Tellus has supported the net worth curve of Junshi No. [-] with its own strength.

After officially announcing this month's net worth, Gu Junhao also breathed a sigh of relief, and said to everyone including Xu Jianqing: "Okay, take a good rest during the seven-day National Day holiday, I've been exhausted for the past few months."

Xu Jianqing didn't work the night shift last night, so Gu Junhao asked him to attend today's transaction and the pre-market and after-market meetings, to make a summary of the recent transactions, and at the same time let him rest.

Working night shifts for a long time is still a great test for the human body.

In September, after the big rise on September 9, the stock index has not fluctuated much, and has maintained a trend of small rises and small falls. This trend is very similar to around 16 points, and it is basically in line with Gu Junhao's judgment.

Following Gu Junhao's conclusion, everyone also breathed a sigh of relief. During this period of time, their spirits were really a little nervous, and they could finally take advantage of the National Day holiday to catch their breath.

　There is only one chapter tonight, I haven't slept well for a long time, get a good night's sleep, it will be three o'clock tomorrow.

　　
　
(End of this chapter)