Chapter 125: Long-lost intraday big T operation
Yesterday's strong reversal of the Shanghai Composite Index seemed to have boosted today's sentiment, with both the Shanghai and Shenzhen stock markets opening higher today; even the ChiNext, which fell sharply yesterday, opened at 1327.11 points today, continuing to hold steady at the ten-day line.
"The mood is pretty good today, so you can be relatively bold." It is already mid-June, and the probability of the Shanghai Composite Index falling below 2,000 points again is not high. Gu Junhao also gave his own suggestions appropriately.
"I understand." The three said in unison . They had no doubts about Gu Junhao's judgment, nor could they allow it to be questioned. In the operating room, what Gu Junhao said was equivalent to trading instructions.
Traders still have to comply with the instructions issued by the fund manager, but Gu Junhao only asked them to be bolder and did not give any specific instructions such as full position liquidation. How bold they should be is still up to them to judge based on the targets they are trading.
Wan'an Technology opened slightly higher today at 9.85 yuan. There was no major change in trading volume. Generally, stocks with such low trading volume are more affected by the index, so there is no need to pay too much attention to it today.
Hailanxin opened low today, and its current price is 14.53 yuan, down 2.06%. It is opening near the five-day line price. The current five-day line price of Hailanxin is 14.60 yuan.
"This location is pretty good. There's nothing much to say. Just go all in."
With such large trading volume and turnover rate in recent days, the probability of Hailanxin's stock price falling directly below the five-day line is not high, as it is in a strong state, even if some funds want to take profits and exit.
This is what is meant by a strong market maker that will not go below the five-day line. Before 9:18, Gu Junhao directly invested all the funds he had on hand, and 2,740 lots of Hailanxin were priced at 14.60 yuan.
Even if the opening price is higher than this price, Gu Junhao does not intend to cancel the order. It is also his principle to buy low near the five-day line.
In less than two minutes, there was fierce competition between the long and short sides of HaiLanXin, and the trading volume was constantly changing. It gradually stabilized after 9:20.
Time passed by minute by minute, and finally at 9:25, Hailanxin opened at 13.60 yuan. Gu Junhao's 2740 buy orders were filled by 1900 lots, leaving 840 lots unfilled.
The trading volume is still relatively large, which is really to Gu Junhao's liking, and it is very comfortable to trade. Although Su Technology and Dafu Technology also had a period of volume expansion in the past, at that time, on the one hand, his own capital was relatively large, and on the other hand, he already had a huge cost advantage.
Due to the two major factors of small size and cost advantage, there is always a lack of excitement, but HaiLanXin is different. HaiLanXin’s Gu Junhao invested tens of millions of funds in just two days and was listed on the Dragon and Tiger list on the first day of building a position.
There is no cost advantage and the amount of capital is huge; the excitement of the unknown is something that ordinary people cannot experience.
"Boss, can I buy HaiLanXin in the short term?" As soon as the call auction of HaiLanXin was finalized, Xu Jianqing's voice rang out.
After listening to Gu Junhao's analysis yesterday and seeing Yin Zhijie's stock price rising from a low level, he also enjoyed the fun of bottom fishing, so when Hailanxin opened low today, Xu Jianqing made up his mind.
Xu Jianqing still has more than 5 million yuan in his hands. Yinzhijie also opened at a lower price of 16.64 yuan today. In addition to the more than 3 million yuan of funds reserved for T and increasing positions, he plans to use the remaining 2 million yuan of funds to do short-term operations in Hailanxin.
During today's call auction, in addition to observing the trend of Yin Zhijie, Xu Jianqing has also been keeping an eye on Hailanxin. The trading volume of Hailanxin also makes him envious.
The trading volume of Dongfang Wealth is not low either, but Xu Jianqing has no interest in it. The uneventful trend and the fact that he has been doing simulated trading for nearly a month have made him not want to look at this stock anymore.
"No, if you want to trade it, change one. We can't touch each other's stocks." It's not impossible for two people to trade one stock. This kid is quite smart.
However, he has already bought 4 million. Considering that 6 million was on the list yesterday, if he buys more, it might be on the list again today.
It can be seen from the first day's real trading that this kid is quite ruthless. Today, I asked them to be bolder. He still has more than 5 million in funds. If they really agree, he may go all in on Hailanxin.
"Puchi～～" Xu Jianqing's words made Wang Ruoyu laugh. This kid is really capable of doing anything. He even set his sights on the boss.
"Hahaha, you are such a bad boy. Luckily the boss reminded you this time. If our stock price starts to rise, and you come in to make some money, we will be crying." Liu Tingting also laughed and scolded, "I am warning you, you can't do this!"
“I’m just asking, I’m not really going to do it.” Seeing that the boss disagreed, Xu Jianqing had no choice. He didn’t plan to choose any short-term targets anymore and continued to trade Yin Zhijie.
"You kid, I gave you the autonomy of 2 million based on your operating style and the reward for being the first in simulated profit. You can't use this privilege to create unfairness. There are so many stocks in the two markets. If you want to win, you have to win fairly."
Xu Jianqing's question today also reminded himself that in the future he must list the profits from other short-term trading targets separately, otherwise it would be unfair to the other two.
If ordinary retail investors do this, there is nothing wrong with it, as stocks can be bought and sold freely. However, within a team, this cannot be done once the target has a special research report and the tasks have been assigned to each person.
"Understood. Wait, Xiao Wang and Xiao Liu. One day, I will let you see how Team Leader Xu performs on the Dragon and Tiger List."
"Stop it, just do your best to be Yin Zhijie first, otherwise you will have to work as a cleaner in two weeks, and the boss may not even need you." Wang Ruoyu said disdainfully.
"That's right, you can't even compete with the cleaning lady."
"What can you say as a person who has suffered a loss? Just wait to sit at the front desk wearing high heels." It has to be said that Xu Jianqing's ability to use a sharp tongue is somewhat similar to that of Gu Junhao.
"Shut up and look at the market carefully." It was almost half past nine, and Gu Junhao stopped the bickering among the few people.
Trading started at 9:30, and Gu Junhao's remaining 840 buy orders were immediately executed. With 2,740 chips plus yesterday's bottom position of 4,300 chips, the fund account now holds a position in Hailanxin with a market value of more than 10 million yuan, with an average cost price of 14.26 yuan.
The position was fully invested at the opening, and the operation was still so aggressive. However, the trend of Hailanxin did not deviate from Gu Junhao's judgment. Hailanxin was continuously bought at the opening stage, and the stock price remained above 14.70 yuan until 9:40.
At 9:40, both market indices experienced a pullback after a high opening. Within 15 minutes, the Shanghai Composite Index fell to a low of 2026.39, and the ChiNext Index retreated to the ten-day line of 1316.84 points.
After 15 minutes of pullback and shock, the indexes collectively entered a state of rising again. Hailanxin also entered a correction phase at this stage, but Hailanxin's trend was obviously stronger than the index.
After only three minutes of decline, Hailanxin's stock price turned upward after reaching a low of 14.51 yuan. At 9:55 when the index correction ended, Hailanxin's stock price had been pulled up to 14.85 yuan, turning positive during the day.
"The volume and turnover are close to yesterday, so it looks like today will be stable." Currently, funds are flowing into Hailanxin, and the yellow moving average is also gradually moving up.
Hailanxin has support from below, and the first pressure from above is the previous high of 15.88 yuan after the stock split and ex-rights, which is nearly 7% away from the current position, so there is no need to worry for the time being.
As for the index, after experiencing a brief correction, the index gradually stabilized. At this point, Gu Junhao was able to relax and think about how many shares he should T out today.
“I bought for 4 million, and I should sell for around 4 million as well. But I have to sell those 40 lots. It makes me uncomfortable.” He currently holds 7040 lots of chips in his hand, and 40 lots always make him uncomfortable.
I have to say that Gu Junhao's obsessive-compulsive disorder is quite serious.
"Let's see how these three are doing." The market was stable and Hailanxin was trending upward. Gu Junhao, who had no operation tasks for the time being, felt a lot more relaxed and prepared to go and see how the three were doing.
The trading rooms of private equity institutions are relatively high-end. In addition to enjoying the best bandwidth on the Internet and having separate firewalls, they have multiple computers collaborating, fixed telephones of different colors, high-definition projection screens, and some special stock trading software that retail investors rarely have access to. For example, some order-placing software can perform buy and sell operations on dozens or even hundreds of pre-set stocks at the same time, creating a sector effect.
Gu Junhao's position was the best in the trading room, followed by Liu Tingting, and Xu Jianqing's position was the worst. However, he didn't care about that. The stock trading equipment here was much better than that of individual investors.
The first person I came to was Liu Tingting. Today, the banking and insurance sectors performed well. Driven by this, the securities sector also performed well. The Xibu Securities that Liu Tingting bought yesterday also realized a profit today.
However, the brokerage firm, this scumbag, was only affected today, and its performance has always been inferior to the other two major financial sectors. There is still not much change in the trading volume of Xibu Securities.
"Boss, do you think I can push the price up to the daily limit if I put all my money in at once?" Without volume, it is impossible to be bold even if you want to, so Liu Tingting still follows the rhythm of yesterday and places small buy orders today.
She was relatively free at the moment, and when she saw Gu Junhao coming over, she was in the mood to joke with him.
"I don't know if it will reach the daily limit, but it shouldn't be a problem if it goes up a few points." Liu Tingting should still have 5-6 million yuan in funds, and Xibu Securities' trading volume so far is only over 8 million yuan. If it really goes all in at once, it won't be a problem if it goes up a few points.
"Boss, have you finished your operations this morning?"
"It's halfway done. Let's see how you're doing."
"Then go and see them. I'm a little nervous when you stand behind me."
"Why are you so nervous? Are you afraid that your stock will hit the limit down with such low trading volume?"
"No, it's the big boss standing behind me that's affecting my slacking off. That's what I'm nervous about."
"Okay..." People who are not short of money are tough at work. They can say in front of their boss that they want to slack off. However, there is really nothing to see in Xibu Securities and it is not practical at all.
He came to Wang Ruoyu again. Wang Ruoyu had just heard the conversation between Gu Junhao and Liu Tingting, and took the initiative to tell Gu Junhao the details of his operations.
"Boss, you said this morning that I could be bolder, so I took advantage of the downward adjustment and added 3,000 lots near 11.20 yuan. I will see if there is an opportunity to do T today, and if there is, I will do it."
It was already 10:15 at this moment, Dong Fang Fortune had been pulled out from underwater, and Wang Ruoyu was in a good mood.
"Well, good, you have a good sense of timing." Gu Junhao smiled and was about to go and take another look at Xu Jianqing's transaction situation, but he didn't expect his voice to sound ahead of time.
Xu Jianqing said weakly, "Boss, you don't need to come over. Yin Zhijie is still behaving like this today. I don't dare to add much position. I'm just going to do a T just for the sake of showing my appreciation and contribute some profits to our brokerage clients."
In the morning trading, Xu Jianqing wanted to invest in Hailanxin, but after being ruthlessly rejected by Gu Junhao, he did not choose stocks again. Now he felt a little bored staring at the trading screen of Yin Zhijie.
"You need to be patient and able to endure loneliness, only then can you endure youth." Yin Zhijie himself has high hopes for him, otherwise he would not have allocated such a large position. It seems that this kid still hasn't studied Yin Zhijie's fundamentals thoroughly.
If he had studied Yin Zhijie's fundamentals thoroughly, he would not have said such a thing. In addition, the 2 million yuan limit given to him might also be because he wanted him to gain more from Yin Zhijie.
No one stipulates that you cannot make a short-term operation among your long-term holdings. If you have not reached the threshold for raising a placard, you can use the spare funds in your hand to complete a short-term operation while reducing your holding costs. Why not do it?
However, Gu Junhao had no plan to go to his workstation to watch his operations. Just now on the big screen, Gu Junhao observed that Hailanxin had broken through the 15 yuan price mark, and there were also some changes in trading volume.
When I returned to my seat, I happened to see a buy order of 3,400, which pushed up the share price of Hailanxin to 15.20 yuan. This small explosion in volume completely ignited the trend of Hailanxin.
At 10:30, there were nearly 6,000 buy orders of all sizes on the trading table, which pushed Highlander's price up to 15.68 yuan in a straight line, an increase of 5.7%.
"Today we will test the previous high." It is only 20 cents away from the previous high of 15.88. If the trading volume can be sustained, it is not impossible for Hailanxin to create a new high after the ex-rights today.
After consolidating around 15.60 yuan for more than ten minutes, Hailanxin successfully broke through the previous high of 15.90 yuan at 10:47, with a step-by-step breakthrough in large volume and a perfect pattern.
At 11 o'clock, Hailanxin ushered in its highlight moment. Ten consecutive buy orders of 1,214 lots appeared in the trading market, interspersed with some buy orders of 500 lots, 1,000 lots, and 5,000 lots, totaling about 24,000 lots, which directly raised Hailanxin's stock price to 16.31 yuan, an intraday increase of 9.98%.
"Fuck, Hailanxin has reached its daily limit!" Hailanxin's unusual rise also attracted Xu Jianqing's attention. Seeing the stock price going straight to the daily limit, Xu Jianqing couldn't help but slap his thigh and said, "Boss, how about we switch positions? I'll operate Hailanxin and Wan'an Technology."
Gu Junhao ignored him. The first sell order of 1455 had already appeared at the upper limit price of 16.31 yuan. It was Gu Junhao's work. In total, Gu Junhao placed 2540 sell orders at the upper limit price, executing the intraday T selling plan.
There were just 10 mechanical buy orders for 1214 lots. After adding some large and small orders, there was no large order to follow up and close the market. It was natural to make a big T of more than 10 points during the day.
There was no large order to follow up and close the price. Hailanxin completed a total of 11,500 sell orders at the price of 16.31 yuan, including 2,540 orders from Gu Junhao.
With the outflow of over 10,000 large orders, Hailanxin's stock price quickly fell from 16.31 yuan to 16 yuan, and there was still no follow-up buying order.
By selling 2,540 lots of HaiLanXin, a total of 4.1427 million yuan was recovered, the position returned to 4,500 lots, and the cost was also reduced to 13.10 yuan.
"Hey, no one closed the market? More than 10,000 shares just flowed out. Boss, did you sell?" Xu Jianqing's voice sounded again.
"Don't shout, just watch your market carefully." A rookie is a rookie, he gets so excited when he sees a daily limit.
"Oh, okay."
After a wave of volume-based trading, HaiLanXin returned to normal, with some mid-term selling orders appearing on the trading page from time to time. By the close of the market at 11:30 a.m., HaiLanXin was priced at 15.80 yuan.
"Boss, I just analyzed the unusual orders of Hailanxin. The 10 buy orders of 1,214 lots just correspond to the subsequent sell orders of more than 10,000 lots. Is this taking advantage of the high stock price after the arbitrage to facilitate the shipment at a better price later?"
"Understand it yourself and stay calm when watching the market. The kind of shouting and yelling you hear today will not be allowed to happen again in the future."
"Sorry, Boss. I won't do it again next time."
"Okay, you guys take a break and have a meal. I'm leaving too." The market closed, today's T plan had been completed, and Gu Junhao didn't plan to watch the market in the operation room in the afternoon.
"What's going on? The boss left again?" Xu Jianqing said to the other two.
"The operation is over, so we can just leave." Liu Tingting said. She was closest to Gu Junhao, and she noticed Hai Lanxin's first unusual movement. It happened that Gu Junhao had just returned to his seat.
When Hai Lanxin moved again, she had quietly come behind Gu Junhao, just in time to see Gu Junhao decisively place an order to sell.
"What did you see behind the boss just now?" Xu Jianqing continued to ask Liu Tingting while eating, but Liu Tingting ignored him.
Gu Junhao returned to his office, took a short break after lunch, and then started his afternoon work. If he worked as a trader in the operation room and then switched to the status of company manager, it would last at least one year.
Fortunately, the company's affairs are not too busy at the moment and I can still handle it. For some unimportant matters, Li Xinyu can help me deal with them.
"I hope these three people can grow as quickly as possible. Then I can recruit a few more traders and have them lead me. This way, I will feel more relaxed." Gu Junhao thought as he processed various documents.
"Please send these documents to Director Guo." Gu Junhao said to Li Xinyu. Li Xinyu had already moved from working with the administrative department to working in Gu Junhao's office.
"OK."
After dealing with the company affairs, Gu Junhao was not in a hurry to check the market, but instead became concerned about the information on new stock issuance. The speculation in new stocks can be said to have lasted throughout the whole year, and basically every new stock listed on the market will experience a round of speculation.
Unfortunately, I am not qualified to participate in offline IPOs at present. The first condition for institutional investors to participate in offline IPOs is that they must continue to operate and have been engaged in A-share investment business for more than 2 years, including 2 years. I cannot meet this requirement at present, not to mention the capital requirements.
As for online IPOs, in addition to the scarcity of chips, the current IPO rules are not very market-friendly. In addition to the market value requirements, online IPOs currently require payment first. If some big names are listed, the market will suffer serious losses.
So far, Gu Junhao has not participated in online IPOs. This method of advance payment is not cost-effective and the probability of winning is low. It is more cost-effective to use these funds to build positions and do T.
Starting next week, a total of 10 new stocks will be launched. According to the data, 6 of them have frozen funds online and offline totaling more than 560 billion yuan, with an average of 94 billion yuan frozen for each new stock; this will undoubtedly have a huge impact on the current market.
"Oh, the blood-sucking is so severe that the market, which has finally rebounded, will probably correct again." It is no wonder that this method of advance payment will be changed in the future. With the market trading volume low, the market is bound to be under pressure with such severe blood-sucking.
"Forget it, forget it. There is no big opportunity. Next time, if I remember any new stocks that are listed, I can let Xu Jianqing try them. I'd better forget it myself."
Gu Junhao is not opposed to short-term trading, but a person's energy is limited after all, so forget it if he does it himself.
After finishing all these, Gu Junhao turned his attention back to stocks. It was already past two in the afternoon, less than an hour before closing.
Hailanxin experienced another abnormal rise at two o'clock in the afternoon, but the volume was much less than that in the morning. Less than 6,000 orders failed to bring the stock price back to the daily limit price, and the highest price was 16.26 yuan.
The willingness of funds to close the market is not high, but there are no major changes in the overall volume, intraday trend and turnover. The trend is still on an upward trend and there is no need to worry.
Afterwards, Gu Junhao turned his attention to his own holding, Tong Huashun. Since Tong Huashun was his own holding, Gu Junhao had never traded it in the operation room, nor had he mentioned it in front of the three people.
Today, Tonghuashun's performance was much worse than Dongfang Fortune. In the morning trading, Tonghuashun opened at 13.60 yuan. When the index pulled back, Tonghuashun fell by more than 3%, and then slowly recovered.
At 1:30 p.m., Tonghuashun turned positive, and then the stock price slowly fell after hitting a high of 13.72 yuan, and has now fallen back into the red.
"There must be something wrong when things are abnormal." Tong Huashun has been trading sideways for 15 trading days. Today it once again fell to the 13 yuan integer mark. A long lower shadow cross star line also appeared on the K-line. It seems that it is about to reach a turning point.
By the closing time of three o'clock, Tong Huashun barely turned positive, with the share price at 13.63 yuan and the trading volume also shrunk to 60 million yuan. In contrast, Dong Fang Fortune rose 3.80% today, and its trading volume was 10 times that of Tong Huashun, reaching 636 million yuan.
The Tong Huashun stock trading area was full of curses, and retail investors scolded its disappointing behavior.
