The Road to Rebirth Finance

Chapter 345 Equity Competition
At two o'clock in the afternoon, Tianqiliye, which opened low and went down all day, fell sharply, and it was no surprise that it was close to the price limit, which was completely opposite to that of Vanke A.

By 14:15, the number of orders on the limit-down board of Tianqi Liye began to increase, and the stock price was completely sealed at the limit-down price, reporting 140.13 yuan.

On the trend line, Tianqi Liye broke through the 10-day line and the 20-day line. It is less than 138.29% away from the 1.5-day line support price of [-] yuan.

For the limit-down trend, it is inevitable to break the 20-day line support tomorrow. As for whether it can finally rebound and hold it, it depends on the shipment situation of the main institutions.

If there are still a large number of chips that have not been shipped out, it is possible to make a second-wave rebound trend and ship on the 20-day line, and then enter the callback stage.

With a surge of more than four months, entering the last month of 2015, the stock price of Tianqi Liye is destined to become more volatile when it peaks in the short term, and Gu Junhao is not optimistic about its trend this month.

Gu Junhao sold a total of 6300 Tianqiliye positions today. Since he decided to sell at the opening of the market, the main bargaining chip was also delivered in the morning, so the average transaction price was quite ideal, reaching about 146.5 yuan, and a total of 9229.5 million funds were withdrawn. Yuan.

After reducing the position today, the original 3 lots became 2.37 lots, and the holding cost was reduced from 35.24 yuan to 5.51 yuan. If the 20-day line does not rebound and the stock price falls all the way, Gu Junhao will no longer lighten up his position.

(PS: An extra zero was added to Tianqi Liye’s position earlier, but the time limit for changing it has passed, so I can’t change it, sorry!)
After the cost is reduced, there is no need to reduce the position when there is a sharp correction. On the contrary, if the trend of the second wave top is out, you can continue to reduce the position. invincible.

However, with the registration system and the large-scale issuance of new shares, this model is no longer so useful. Funds do not favor the stocks on your left, so no matter how you copy them, it is useless.

Obviously, the registration system has made it more difficult to do left-hand trading. If you want to continue to implement the left-hand trading model, you need to spend more effort to identify individual stocks and whether their sectors are favored by funds.

A stock that is not favored by funds is useless no matter how good the company's performance is.

At the end of the whole day's trading, the turnover of Tianqi Liye was 17 billion yuan, a decrease of nearly 3 million yuan compared with yesterday, while the volume of Vanke A increased to 4 billion yuan, which was fully double that of yesterday.

The transaction volume of 60 billion yuan has also returned to the volume at the beginning of the equity competition. There is no doubt that today, large off-site funds have once again intervened in Vanke's equity competition.

After the market closed, Vanke’s Dragon and Tiger List showed that buying one seat in the Shenzhen Binhe Avenue Securities Business Department of Southwest Securities bought a total of more than 13.62 billion yuan, and buying two seats was a special seat for an institution, buying more than 10.7 billion yuan.

The two seats bought a total of more than 24 billion yuan, accounting for 40% of today's total trading volume; while Binhe Avenue Securities Sales Department is the headquarters of Jushenghua Asset Management under Baoneng, and one seat bought more than 13.62 yuan in one day. billion.

The institutional-only seats bought for more than two are also very likely to be other seats purchased in conjunction with Jushenghua Asset Management products; of course, there are no queues for other big funds to take advantage of the fire.

As soon as the Dragon and Tiger Rankings came out on the first day of December, Baoneng made another move, pushing Vanke A, which was in the vortex of equity competition, to the most popular position in the financial circle, and even once out of the circle.

Compared with Vanke A's Dragon and Tiger List today, today's limit-down Tianqi Liye is no less inferior. Institutions are also frequent, and hot money is also buying at the bottom.

The first seat sold was Gu Junhao's seat, and the total sold exceeded 9200 million yuan, and the second seat sold was also a special seat for an organization, and the total sold exceeded 7500 million yuan.

The top five seats, including Gu Junhao, sold a total of more than 3.2 million yuan, but what is surprising is that today's purchase of the top five seats was as high as 4.6 million yuan, and the net purchase difference actually reached 1.43 million yuan.

The net inflow of the Dragon and Tiger List was 1.43 million yuan, of which more than 1.38 million yuan was bought for the exclusive seats of an institution. It is somewhat unexpected that one company dominates.

"From this point of view, the main institutions inside have not yet finished, and there should be a high probability that the 20-day line will rebound." Gu Junhao said with a smile when he saw Tianqi Liye's dragon and tiger list.

Whatever you want, anyway, if you pull it up, I will sell it, and the occurrence of a circuit breaker will definitely not make me lose my chips. The more you buy, the higher the pull, the more I will cut.

On December 12, there was a huge shock in Vanke intraday, and the trading volume in one day reached 2 billion yuan. Vanke reported a rise of 113.4% again, and the stock price reached 10.01 yuan. After the market, the dragon and tiger list once again became the focus of attention .

Binhe Avenue Securities Sales Department bought more than 21.57 billion yuan again today after buying in a large amount yesterday. The large-scale purchases for two consecutive trading days not only pushed up the stock price, but also threatened the largest shareholder s position.

Today, the Shanghai Composite Index regained 3500 points in one fell swoop, and the real estate, securities, and banking sectors rose sharply. Among them, the banking and securities sectors rose by more than 6%, and a total of 45 stocks in the two cities rose by their daily limit.

The performance of small and medium-sized enterprises was extremely weak, and the ChiNext index even fell by nearly 5% during the session.

Affected by the Baowan dispute, the concept of raising placards that emerged after July this year, some concept stocks even opened with a one-word daily limit in early trading today, especially many concept stocks in the real estate sector performed well.

The leader of the brand-raising concept is undoubtedly Vanke, but compared with the game of big funds, hot money hopes to build a leader within its own system. Among them, Yintai and Langfang have performed well.

Vanke's Dragon and Tiger List has no room for hot money at all. With a turnover of less than 2 million yuan, it is not eligible to be on the list at all. Those who lie in ambush like Gu Junhao can drink some soup along with them.

On the top of the Vanke Dragon and Tiger List, a new seat that came out today is also located in Shencheng. Income of nearly 15.45 billion yuan and 15 million yuan.

All of this means that Vanke's shareholding competition has entered a fierce stage, and new and powerful financial parties have entered the market. This time, I don't know whether it is the Anbang entering the market or our senior officials.

It is also possible that two waves of people entered the market at the same time. Anbang's registration is in the imperial capital, while Xu Daguan's headquarters is in Yangcheng, and it is impossible to determine which party's funds are for the special seats for the organization.

However, buying two to four seats, ranging from more than 15 billion yuan to nearly 8 million yuan, clearly shows that new funds have participated in this game.

In the evening, Vanke A, whose two consecutive trading gains deviated more than 20%, responded to the Shenzhen Stock Exchange’s abnormal fluctuations in stock trading. In addition, it did not announce the specific purchase quantity of Baoneng.

On December 12, Wednesday, Vanke reported another 3% increase, with a daily turnover of nearly 4.99 billion yuan. Vanke, whose turnover has declined today, did not release the Dragon and Tiger List. In fact, as far as the rules are concerned, it has risen for three consecutive trading days. With more than 90% of Vanke, it is also possible to announce the dragon and tiger list today.

However, there is always something special about Niubi's stocks, especially when it comes to the competition for equity. Today, there is no announcement of the dragon and tiger list. It is understandable to lower the temperature of the hot stocks.

In the later stage of the equity competition for Vanke, the trend was quite fierce, with daily limit up and down limit; there were also constant news from outside the market, and there was even news that the capital chain of Baoneng was broken, and the stock price fell to a certain position, and the position might be liquidated.

Gu Junhao, who has experienced it in his previous life, naturally knows that there are also many retail investors participating in this game, but there are not many retail investors who can make money in this game.

In 2016, Vanke, which was fiercely competing for equity, also experienced a very long period of suspension of trading. After the resumption of trading, the trend has been unsatisfactory for a long time, and the off-site news is even more popular every day.

This also led to the fact that most of the retail investors who rushed in at a high level before the suspension of trading were finally afraid of adding variables, and eventually they were cut out; a battle for equity that lasted for several years, for retail investors, there is no so-called winner.

On December 12, Friday, the last trading day of this week, Vanke closed down slightly by 4% today to 0.89 yuan, with a turnover of 18.98 billion yuan today.

In the first four trading days of December, Vanke's total transaction volume exceeded 12 billion yuan, with an average transaction volume of 335 billion yuan per trading day. Obviously, Baoneng's purchase this time has reached a very large amount.

Sure enough, after the market closed on December 12, Vanke issued an announcement: As of December 4, Jushenghua bought the company through the asset management plan in the securities trading system of the Shenzhen Stock Exchange through centralized bidding and secondary market purchases. There are a total of 12 million A shares, accounting for 4% of the company's total share capital.

So far, after this equity change, Ju Shenghua and its Chinese citizens acting in concert hold a total of 22.11 billion shares of the company, accounting for 20.008% of the total share capital, and are the largest shareholder of the company.

The announcement emphasized that the change in shareholders is a change in the company's largest shareholder and does not involve a tender offer. Although the company's shareholding structure is dispersed, there are no controlling shareholders and actual controllers.

According to relevant laws, the company believes that although the largest shareholder has changed, the company still has no controlling shareholder and actual controller.

This is probably the last stubbornness of Vanke's management. Even if you raise your cards four times and your actual shareholding ratio has reached more than 20%, according to relevant laws, I still don't have to recognize you as the actual controller of the company.

Hey, if you buy yours, I just don’t accept it. If you have the guts, you can buy more than 33% of the total share capital; this way, in a sense, also shows the helplessness of Vanke’s management at this time.

The barbarians have invaded the living room of the house, and the largest shareholder has changed hands again, but he has no better way at this time.

(End of this chapter)