The Road to Rebirth Finance

Chapter 414 The Chaotic Early August
This month, the data of Junshi’s two funds are still very impressive. The net value of Junshi Investment has reached 1.6411, and the fund’s net value has been positive for four consecutive months, continuing to refresh its own record.

The total value of Junshi No. 89.77 has expanded to more than 90 billion yuan, which is less than 3000 million yuan away from the 12 billion yuan mark, and less than [-] billion yuan away from the [-] billion yuan private equity fund.

In a bear market, it is really important to get the right sectors and individual stocks!Junshi's two funds perfectly illustrate this point.

The liquor sector, where both funds have heavy positions, rose as much as 9.24% this month.

After six months of upward trending market, the high point position of Baijiu's monthly line level has successfully broken through the position since June last year.

The losses caused by several rounds of stock market crashes have been fully made up for, and the trends of the two stocks Maotai and Wuliangye are still the most representative.

Maotai stepped out of the trend of six consecutive positives on the monthly line with a monthly increase of 7.27%, and Wuliangye rose by 11.19% this month, with five consecutive positives on the monthly line.

Both stocks have broken through their highest positions since last year, and the first-line liquor brands have begun to enter the trend start market after the performance recovery.

Since the stock market crash last year, Li Daxiao has called on retail investors to buy blue-chip stocks. In the past few months, they have all gone out of a good trend, and most of the stocks have approached last year's high point.

Of course, this does not include the China-prefixed sector that was hyped last year, and it is mainly based on some blue-chip stocks that did not rise much during the leveraged bull market last year.

Zhongguo Zhongche is the most representative among the initials. Since its peak in April last year, in the 4 months, only three full months have received reds, and the highest single-month increase has not exceeded 14%.

By the end of July, the stock price of CRRC had fallen to around 9 yuan. Compared with the highest price of 39.47 yuan, the loss per share was as high as more than 30 yuan.

The stock of Zhongguo CRRC can almost be regarded as the epitome of this round of bull-bear rotation, and it is very representative.

And there are countless small and medium-sized entrepreneurial stocks that have been hyped in the same way, and they all have the same treatment.

So in many cases, for retail investors, chasing highs is far more dangerous than buying lows, and getting stuck may be a lifetime thing.

If the stocks after this batch of hype in 15 years have not caught up with the trend, [-]% of the stocks will have no way to unwind again.

On the first day of August, the Shanghai Composite Index bottomed out again, looking for support downwards. Vanke A opened lower again in early trading and then began to fluctuate upwards.

Gu Junhao, who returned to trading room No. [-] today, once again asked the traders to put the newly purchased funds over the weekend into Vanke A, and continue to increase the share of positions.

On the same day, Vanke A closed at a price of 17.17 yuan, an increase of 0.18% within the day, and turned red against the market. Vanke, which has eight positive lines in seven trading days, has already attracted the attention of some people with a keen sense of smell.

In the afternoon, there was a rather sensational piece of news. Since the beginning of this year, in order to compete for the taxi-hailing travel market, Brother Travel and U-Bu Travel have played out their brains.

In order to expand their market share, the two companies staged various battles to rob passengers and drivers, and launched a large number of various red envelope subsidies.

And this is just the first big battle of travel software. It is not yet online yet, and there will be another big battle in the future. In terms of the ability to burn money, Internet companies can be called unique.

Today, Brother Chuxing announced the acquisition of Ubu Travel; so far, Ubu, a foreign capital, will gradually withdraw from the domestic market. The first stage of competition ended with the victory of Brother Chuxing.

For this acquisition, the market is most concerned about whether the anti-monopoly regulations will be triggered, while passengers and drivers are most concerned about whether the red envelope subsidies will continue.

As a group of online car-hailing drivers, I am particularly concerned about this topic. You must know that when the two companies are fighting, the biggest beneficiary group of online car-hailing drivers.

In his previous life, Gu Junhao had heard that during this round of war, the income of online car-hailing drivers increased sharply. Gu Junhao didn't know the exact income, but it must be much better than the era when one family was the only one.

This can be regarded as a rare Internet bonus period for ordinary people. There are not many such opportunities, but there are two more, one is the re-emergence of the online car-hailing war, and the other is the take-out software war.

And these two industries, in the next few years, after the formation of a dominant situation, various controversies have been accompanied by him.

The commission in the food delivery industry is said to be very high, but Gu Junhao has never seen it with his own eyes, but he has seen the travel commission for online car-hailing once.

One time Gu Junhao took an online car-hailing car, and he paid more than 11 yuan for the fare, but the driver got less than 9 yuan, which shocked him greatly when he saw it with his own eyes.

This is much faster than my big A cutting leeks, and I made money while lying down.

On the morning of August 8, the news of the trial run of the so-called Pakistan Railway No. 2 test vehicle was widely spread in the A-share market. Like the previous life, it was not surprising that it once again triggered a small-scale hype in the A-share market.

Witnessing this kind of speechless incident for the second time, Gu Junhao has been able to calm his mind, and he is far less surprised than when he saw the market hype caused by this news in his previous life.

In Big A, any topic can cause hype, no matter it is true or not, let’s talk about it first.

At the beginning of August, in the middle of this kind of chaos and strange news, everything seemed so funny.

Vanke A ended trading again today with a 2.56% increase, and the stock price began to face the pressure of the 20-day line.

On August 8, Wednesday, Vanke rose 3% daily, easily breaking through the pressure level of the 1.53-day line on the daily line, and the stock price was reported at 20 yuan.

After the Shanghai Composite Index fell on August 8, these two trading days also ended in a red market. Although the increase was not large, it was still above the 1-day line.

Compared with the previous round of falling to around 2800 points, the index has been able to stabilize above 2930 points after a nearly half-month adjustment at the end of July, showing a much stronger performance.

The market trend of falling at the end of the month and rebounding at the beginning of the month is still continuing. As usual, if it falls at the beginning of the month, it is more likely to rise at the end of the month.

On August 8, Vanke continued to open lower in early trading, at 4 yuan.

A very interesting data, Vanke since July 7; up to today, a total of 20 trading days, in these 12 trading days, Vanke all opened lower.

However, excluding the 11 trading days before today, Vanke only reported a negative line on July 7 when the three major indexes fell sharply.

Vanke A, which received 12 positive lines in 11 trading days, based on the lowest price of 16.74 yuan and yesterday's closing price of 17.88 yuan, excluding dividends, its overall excess does not exceed 7%.

The signs of funds pressing against the market to absorb chips are very obvious.

Vanke, which opened lower in early trading, maintained its stock price within a narrow range, fluctuating no more than 1.5%, and seemed to maintain its previous trend.

At the close of trading at noon, Vanke reported 17.83 yuan, down 0.28% within the day, and the K-line showed a very small false positive cross.

However, at 12:2 noon, news broke out on Caixin.com that Belt was buying a large amount of Vanke shares in the secondary market, holding more than [-]% of the shares.

Facing the media's verification, Belt categorically denied it, and said that the media reports were not true.

"Here we come, haha." For the news about Wan Ke, Gu Junhao naturally focused on it. After seeing the news, Gu Junhao naturally told lies.

However, it is no longer important not to admit it. Vanke, who has continuously stepped out of the upward trend of attracting funds, only needs an introduction to the explosion.

Even if the belt denies it, for him who wants money, money and status, there are good reasons for him to enrich his real estate kingdom by taking advantage of the time when both Baowan and Wan are playing tricks.

It is always more reliable than Pakistan Railway No. [-].

In the afternoon, the stock price of Vanke A, which was detonated by the news, quickly became popular. After a short period of consolidation, the trading market of Vanke A began to change, and large orders began to pour in continuously.

At 13:30, the share price of Vanke A was reported at 18.88 yuan, an increase of 5.59%. After half an hour of consolidation at the high level, Vanke A was once again exploded to more than 8%.

Vanke A, which has been silent for more than half a month, has once again become the focus of A shares, and Vanke's stock comment area has become active again.

"Damn it, is it really the belt that saved us? If it's true, there's hope for a solution."

"I finally waited for you. Fortunately, I didn't give up. The cost of 19.79 is expected to be paid back."

"It's funny that I was rescued by Brother Belt after being cheated by Boss Yao."

"It's booming in the afternoon. I beg you to raise the daily limit. If the daily limit is higher tomorrow, I will get back my money. I will never touch this stupid thing again."

"Damn it, it's been 10 days, and the market opened at a low price every day. I couldn't stand it and he pulled it up. He was speechless."

Half an hour later, Vanke A staged a rush to raise funds amidst the turbulence, and the final stock price closed at 19.67 yuan, an intraday increase of 10.01%.

The trading volume of Vanke A today is more than twice that of yesterday; obviously, even if the belt denies it, the hot money inside and outside the market still tends to go long.

At this time, the two trading rooms of Junshi Capital were also cheering. The traders who participated in the transaction of Vanke A were extremely excited. The accumulation of funds for many consecutive days finally paid off.

"Boss Niubi! I successfully lurked in Vanke again, hahaha!"

"Sent it, this month's performance king should be mine, right? Haha"

"Don't be too happy, it's not necessarily true belt buying."

"I don't care who bought it. It's a reality that the stock price has risen. I don't care about the source of the funds at all, as long as I know the boss's pen."

It's no wonder the traders were so excited. Compared to the last time, Gu Junhao spent a lot of money this time, and invested all the safe funds that the two funds could use.

As of today, the Vanke A chips distributed among the two funds of the Junshi Department exceeded 80 hands, with a daily limit as of today, and a total market value of more than 15.7 billion yuan.

Today's daily limit, among the two funds, Vanke's market value soared by more than 1.4 million yuan, a big winner.

At 05:30 in the afternoon, the details of the Vanke A Dragon and Tiger List were announced. Two seats from the Liede Avenue Securities Sales Department in Guangfu and one seat from the Tianhe Road Securities Sales Department occupied the top three seats on the Dragon and Tiger List.

The total purchase of these three seats reached 22 billion yuan, accounting for nearly one-third of Vanke's total trading volume today.

And these three seats are located near the headquarters of the belt, and the response at noon is self-defeating!

Seeing that he couldn’t hide it, Belt simply informed the public in the form of an announcement this evening: “As of August 2016, 8, the company purchased Vanke A shares through a nearby company, accounting for 4% of its total share capital.”

The 4.68% shareholding is one step away from the first placard, and judging from the amount of funds announced in the announcement, the cost of the belt during this period is only 17.62 yuan.

Among the total cost of 91 billion yuan, including the 22 billion yuan raised today, after today's daily limit, Belt Avery reached 11.63%, with a profit of more than 10 billion yuan!

"The trader is really awesome. It's too strong to be able to achieve such a low cost with more than 90 billion funds!"

This is the general comment of the market on the belt traders after the market. Compared with the brainless buying in Baoneng, who started to accumulate a lot of money around 13 yuan, they can actually raise the cost to 19.83 yuan. I don’t know how much better it is.

We must know that from the first wave of self-protection to the suspension of trading, due to the impact of the market and the stock market crash, Vanke's stock price has experienced a period of slump for more than half a year, and it has remained at 13 yuan to 15 yuan for a long time. Around [-] yuan.

In the past half a year, the stock price fell to around 12.50 yuan at the lowest point, and the highest price was only around 15.3 yuan, and in the past half year or so, the average daily trading volume of Vanke was not low.

It can only be said that the good situation has turned into what it is now. In addition to the boss Baoneng himself, the trader must also bear certain responsibilities.

"Learn from others. Let's see how they operate. They can keep the cost so low. If the news was not released and they were forced to raise it, it would probably be even lower."

In the evening, Gu Junhao specially named Xu Jianqing, so that he, who was building a position, could also see how other traders operated.

With the exposure of the Dragon and Tiger List and the announcement of the belt, Vanke A attracted great attention at night, and major media analyzed the specific purpose of the belt's entry.

As for how Caixin.com learned of the specific shares that Belt bought, some media and self-media all pointed their targets at Vanke’s management.

As the management team of Vanke, who has been fighting with Baoneng for almost a year, seeing the victory in sight, it was stolen by the belt. Naturally, it does not want the fruits of victory to be plucked by competitors.

In addition, the secretary of the board of directors publicly disclosed the cost price of Baoneng before, which is against the principle, and ordinary investors are convinced of this view.

It's like something they could do.

On August 8, Vanke rose again by 5%, closing at 6.51 yuan. It even touched the daily limit price during the session, and the daily trading volume also enlarged again to 20.95 billion yuan.

Gu Neng, who had been trapped for more than half a month, was finally able to breathe a sigh of relief and returned to a profitable state.

Guess Boss Baoneng didn't expect that it would be Brother Belt who saved him in the end, although Brother Belt's real purpose was not to save him.

At the same time, Brother Belt also rescued a large number of little leeks who had been trapped before and did not choose to cut their meat, and to a certain extent, it once again led to the popularity of the concept of raising placards.

In the chaotic early August of 2016, Brother Belt's popularity in the A-share market reached its peak. At this time, there are still several years before his industry collapses, and his life is in the most glorious period.

　The state is not good, sorry brothers, today is just one chapter.

　　
　
(End of this chapter)