The Road to Rebirth Finance

Chapter 451
To use one sentence to conceptualize the market in the first week of July, that is, the Shanghai Composite Index has changed from a defense of 2800 points to a defense of 2700 points.

After falling for several consecutive trading days, the Shanghai Composite Index finally fell below 2700 points for the first time this Friday, at 2691.02 points.

In late trading, chip stocks collectively rebounded, driving the index back to positive above 2700 points, and closed at 2747.23 points.

Breaking through the 2700 point, the intervention of capital copying funds, and the rebound of the deep V market have brought a certain amount of popularity to the market, and technology stocks continue to play an active factor in the market.

After a lapse of two and a half years, the Shanghai Composite Index once again entered the 2600-point area, which no one expected.

2018年1月29日，上证指数最高报3587.03点位，至现如今的2700点位，跌幅已经超过了800点位。

Now, not only the stocks on the GEM have plummeted on a large scale, but many high-quality stocks on the main board have already set new lows since the stock market crash.

Many of the capital inflows from the Shanghai and Shenzhen stock markets today are aimed at these high-quality stocks with new lows; since the fall in 2018, the first round of large-scale bottom-hunting in the Shanghai and Shenzhen stock markets should have started in July .

It can also be reflected in the posts of stock communities such as Taoguba and Xueqiu. Recently, the number of people calling for bottom-hunting has gradually increased.

Some stocks with relatively good performance mentioned in the remarks believe that their valuations have fallen to a reasonable range, and it is a more appropriate time to buy bottoms at this time.

There is not much objection to the reasonable range. It is actually possible to buy bottoms, but the biggest question is whether retail investors can hold their bargaining chips?

Can you make money even if you copy to the real bottom?
The so-called bottom is not a certain day, but a range, which can be a long period of time. During this period, whether the chips in hand can be held is the biggest problem.

The comments made by these communities are actually correct, and bargain hunting under normal market conditions is indeed as stated in the comments.

But 2018 is a very unusual year. The internal and external environment has undergone great changes during this year, and the same is true for A shares.

Under extreme market conditions, there will be extreme trends. The principle of my big A is to be able to pull you to the sky when you are hyped.

But one day, when the market enters a polar bear state, it can also fall to the point where you doubt your life. What about a reasonable valuation? I can cut it in half for you with a reasonable valuation.

But no matter what, today's deep V can give the market a breath of relief. Under the premise of large-scale capital intervention, it is always necessary to bring some profits to go.

As for how long the market can last, it can only be left to the market.

Including more than a week at the end of last month, it has been half a month since Junshi established positions in Ningwang and Sino-Singapore Communications. In the past half a month, the positions of these two stocks have also been established.

宁王自6月22日开板，7月6日交易结束，一共11个交易日，最低的价位依旧是6月22日的跌停价63.49元。

On July 7, the lowest price of King Ning was 5 yuan, and then it started to rise. The bottom area of ​​the 64.88 billion yuan transaction price is still very strong.

Junshi Ningwang, which has a total market value of 50 billion, holds positions in three regions. The cost varies, but the overall calculation shows that the cost is below 70 yuan. As of today's close, it is only just a floating profit.

At the close of today, Ningwang closed at 70.88 yuan, an intraday increase of 3.01%, with a turnover of more than 35 billion yuan. Since the opening of the board, Ningwang has become the most active stock on the GEM.

King Ning is active, and Sino-Singapore Communications is not bad. On July 7, Sino-Singapore Communications, which has been falling continuously, even went out of the daily limit trend. The hot money in the late trading rose in a straight line, and the stock price of Sino-Singapore Communications was raised to the daily limit price of 3 yuan.

Stocks like Lay's that have been steadily delisted will rise by a daily limit from time to time. Sino-Singapore Communications, whose stock price has fallen by nearly two-thirds, has hot money to rebound from oversold, which is also very reasonable.

Among these hot money, there are many hot money bosses like Brother Zhao and Longjing Road. The hot money in Longjing Road is different from the usual hot money in the day.

Every time you buy, it is a big deal, and you will hold the shares for a long time. The style is closer to that of Niu San, mainly doing swings.

In the era when hot money is still sought after by retail investors, every stock in which Longjing Road is heavily involved is more popular with retail investors, and the same is true for Sino-Singapore Communications.

As of this Friday, Sino-Singapore Telecom closed at 13.04 yuan, the lowest point since the recent past was 12 yuan.

Compared with Ning Wang's holdings of floating profits, the Sino-Singapore Communications held by Junshi Department is currently in a state of floating losses, but Gu Junhao has completely achieved another new record in his life!

That is, in the actual sense of Junshi Capital, it has formed a placard for Sino-Singapore Communications!
As of July 7, the two companies Junshi Capital and Junshi Fund held a total of 6 million AH shares of China-Singapore Communications, with a total holding cost of 3.7135 billion yuan, a holding cost of 49.2 yuan, and a shareholding ratio of 13.2%. !

As of today's close, the overall market value of A-share Sino-Singapore Telecom was 623.7 billion yuan, a drop of nearly 1500 billion yuan from the market value of just over 900 billion yuan at the beginning of the resumption of trading.

If it weren't for this big drop, Gu Junhao would have to spend at least 1500 billion yuan if he wanted to raise his cards for a company with a market value of more than 75 billion yuan.

But now, it only takes less than 50 billion yuan to buy 7.76% of the shares. As originally thought, Gu Junhao has carried out his high-profile bottom-hunting plan this time.

As for Ning Wang, Gu Junhao is far from reaching the point of raising cards, but the total holdings of 7142.86 million shares can also be ranked in the top five among the circulating shareholders.

After the market closed, Gu Junhao said to Li Xinyu; "Send a letter to Sino-Singapore Communications, in the name of Junshi Capital and Junshi Fund."

"Okay, boss, you played so much this time, I don't know what kind of impact it will cause." Li Xinyu said with a smile.

This is the first time that Junshi Capital has raised a placard since its establishment, and the placard was raised by Sino-Singapore Communications, which is now in the whirlpool. It has to be said that this time Gu Junhao played big.

Gu Junhao had never experienced raising a placard before, and chose to send a letter after the position was fully established. This trick was also learned from Vanke's original equity battle.

In the previous Vanke shareholding battle, Gu Junhao discovered that these capital parties did not stop after buying 5%, and often chose to send a letter to the listed company after the end of the weekend trading.

Guaranteed energy, several purchases of belts directly exceeded the 5% or 10% range. This is also easy to explain, but I didn’t have time to make statistics.

In fact, before the bottom-hunting, Gu Junhao really never thought that he would touch the placard. In his inherent impression, Sino-Singapore Telecom has always had a market value of more than 50 billion, and buying a 5 billion yuan should be under [-]% under normal circumstances.

But since the placard is raised, let's raise the placard. Anyway, Gu Junhao has no plan to sell Sino-Singapore Communications within six months, but it's a pity that the 50 billion funds are not good enough to do T again.

It is a pity that the liquidity equivalent to 50 billion yuan has been locked up. As for the ways to sell more than 5% of the shares, there are many ways to sell, not necessarily only in the secondary market.

It is possible to use the equity transfer agreement or the bulk transaction channel, and it is not very troublesome.

At 7 o'clock in the afternoon on July 6, Sino-Singapore Communications released the latest announcement. Since April, Sino-Singapore Communications has become the focus of the market. This announcement was quickly pushed by the small windows of major market software.

"The company received a letter from Junshi Capital. From June 6 to July 19, Junshi Capital Co., Ltd. and Junshi Fund Co., Ltd. bought a total of 7 million shares of the company through centralized transactions through their affiliated accounts. shares, after this equity change, Junshi Capital holds a total of 6% of the company’s total share capital, which triggers the placard mechanism.”

As soon as this news came out, it immediately caused an uproar in the capital market. The fact that insurance funds frequently raised their cards in the past two years appeared in Sino-Singapore Communications again?

After the Sino-Singapore Newsletter announcement, Junshi Capital and Junshi Fund also quickly issued an announcement on their official website!

"The company is an investment company, and has no intention of getting involved in the equity of any listed company, and everything is mainly financial investment; in addition: I hope Sino-Singapore Communications will successfully overcome the difficulties and overcome the difficulties together!"

Although the performance of the two publicly announced funds has not drawn back much, they also performed mediocrely.

With the big A falling and falling, even Gu Junhao's loyal fans thought that Junshi Capital's investment results this year would be maintained with such a low position.

Unexpectedly, Brother T would make such a big news just after the transaction started in the second half of the year.

At this moment, the stock comment area of ​​Sino-Singapore Communications has become extremely popular. Junshi Capital has been almost invisible recently since it significantly reduced its position last year.

"Damn it! This is the first time Brother T raised a card. It's awesome. He bought Sino-Singapore Communications for 50 billion. It's too powerful!"

"Don't get excited, don't get excited, 50 billion is a drizzle to Brother T, haven't you read the news, Brother T controls almost 800 billion in cash flow, and there is no financing!"

"That is to say, if Brother T raises funds, he can easily get hundreds of billions of cash flow? Damn! When did Brother T become so scary?"

"It must be counted from a certain day in October 2014, when a small retail investor posted a post on Taogu; from then on, the gears of fate began to turn."

"Brother T's cost is about 13.2 yuan, and the stock price of Sino-Singapore Communications is now 13.04 yuan. Do you want to copy Brother T's bottom?"

"Brother, Brother T has actually raised his hand. He can't sell it for at least six months. Why are you rushing in? Given the trend of China-Singapore Communications, what if the stock price continues to fall?"

"Scrap, this coward must have suffered a huge loss this year. Didn't you read Junshi Capital's announcement? Let's overcome the difficulties together! I don't know why Junshi Capital bought it. Anyway, it's all investors' money."

"Is it a stupid pen upstairs? Didn't you read the announcement? Junshi Capital bought it through three major accounts, and its own funds also have about 20 billion yuan. This is real."

"If you believe it, then go buy the bottom, anyway, I won't buy it, and whoever buys it from this cowardly company will be HJ!"

"Damn, you're so sick... I just want to make a profit and get some blood back, why are you still scolding me?"

(End of this chapter)