Chapter 173: The Night Before Dawn is Quiet
The Shanghai Composite Index fluctuated at a high level, and the decline of the ChiNext Index continued to expand; yesterday's daily limit stocks collapsed on a large scale. Looking at the trading volume of these stocks increasing little by little, Gu Junhao could also feel the helplessness of the funds behind them .
Yesterday's big drop and today's big drop have obviously left the hot money that guides market sentiment at a loss. In such a market environment, they can only cut their losses and exit.
This further accelerated the collapse of the ChiNext Index. At 1:30 p.m., the ChiNext Index fell below 1,300 points again and the index broke the five-day line.
"It's over, it's over; the ChiNext has broken 1,300 points again, brothers." In the group that Li Ze is in, everyone is panicking about today's trend.
"Tong Huashun has also broken the 60-day line. Should I sell it and go away?" There is no way. Unlike the previous decline, most people who have tasted the sweetness of Tong Huashun in recent times also bought Tong Huashun during this decline.
Yesterday, the ChiNext Index hit the daily limit across the board, and Tonghuashun's overall increase was less than 2%. However, since yesterday's rise stood firm on the 60-day line, these people were not as eager to sell as before.
"We are almost at our cost line. We can't hold on any longer. Brothers, I'm going to retreat first."
"I've already got some money, but not much. Let's wait. It's down about 4%. I'll sell it when it rebounds."
At this time, Li Ze saw everyone's messages and couldn't help but say, "What are you selling? You were also trapped a few days ago. Listen to my 26 first."
"Li Kuang, you have low costs, so of course you are not afraid. But you see, the ChiNext Index has broken again. This time the correction will definitely break 1,200 points."
"My cost is not low, it's 13.03. What does the breakout of ChiNext have to do with Tong Huashun?"
"Listen, listen, is this human language? The stock price is over 16 yuan now, so your cost of 13 is not low."
The performance of everyone in the group is just a microcosm of thousands of retail investors. In any case, the increase in today's trading volume represents the escape of some people.
At 2:30 in the afternoon, the ChiNext Index plunged again, with the decline widening to more than 3%. The index hit a low of 1287.64 points. A large negative line instantly swallowed up the rebound of the previous few trading days.
At this time, the Shanghai Composite Index was also dragged down by the ChiNext to below the intraday yellow moving average, but it still remained above 2070 points, and its overall performance was extremely strong.
The heavyweights' desperate efforts to protect the market have made some investors even more desperate, because it means that the small and medium-sized start-ups in their hands will fall even more badly.
"This situation is similar to the issuance of new shares last month. It's really confusing." Gu Junhao smiled while staring at the computer.
After 2:30, the trading quotation gradually became abnormal. The index was falling step by step. Although individual stocks plunged sharply, it was estimated that funds were secretly taking over the stocks.
Take Dongfang Wealth for example. Dongfang Wealth plunged earlier than the index. At 14:10, a large order of 8,000 lots on Dongfang Wealth's board failed to bring down the stock price, which remained at 10.10 yuan.
One minute later, a sell order of 5,000 lots and a sell order of 3,500 lots brought the stock price down from 10.10 yuan to 10.01 yuan. The three orders totaling more than 16 million yuan of funds were actually caught steadily.
"Using the method of reselling large orders, we can scare retail investors and make them hand over their chips. It's awesome." These three large orders were indeed accompanied by dozens or even hundreds of sell orders, which shows that the wash was very successful.
"Haha, I got them all back." Wang Ruoyu, who has always been calm, used his concentration and hand speed to successfully get back all the funds he sold in the morning when the stock price was 10.06 yuan.
The intraday T was very successful. The second purchase was not 4,000 lots in the morning, but 4,150 lots, successfully increasing the chips by 150 lots.
"What a pity, the trading volume is still too small, otherwise such a full-position T would require at least 300 more chips." Wang Ruoyu now misses the days when Dongfang Wealth had an average daily trading volume of more than 400 million yuan, especially the daily trading volume of more than 900 million on June 16.
Large orders of more than a thousand lots can be seen at any time, and buying and selling are very easy. The stock trading volume that the boss has always emphasized is really useful.
"What's going on? You took it back? Didn't we agree to take it back tomorrow?" Xu Jianqing said while trading. He made a lot of money today. Yinzhijie was trading sideways around 16.98 yuan all day, and Xu Jianqing slowly sold a lot of it.
Then just now, Yinzhijie suddenly moved up. A buy order of 1,500 lots pushed the price of Yinzhijie from 16.85 yuan to 17.34 yuan, an increase of 3%.
When the index fell, Yin Zhijie actually rose. It was just as he had judged yesterday, but the amount of this rise was too small. Seeing this, Xu Jianqing executed his plan without hesitation and continued to sell.
"My situation is different from yours. The boss said before that Dongfang Wealth can be bought for about 10 yuan. It just so happens that the large order that just appeared can absorb the funds I sold out this morning. So I took it back." Wang Ruoyu explained.
Analyzing the specific situation specifically, the trend of Dongfang Wealth today is exactly the same as the ChiNext Index. The stock price has reached the previous expectations, and the trading volume has exploded again in a short period of time, so Wang Ruoyu does not have to wait any longer.
"Well, you know Dongfang Wealth better than I do, so you make the decision yourself and I will continue selling." Xu Jianqing just asked casually, and naturally understood that Wang Ruoyu had his own trading plan.
"Take it easy and don't sell too much, otherwise you'll be caught off guard if you can't buy them back later." Sometimes buying stocks is not just a matter of money. If the trading volume is too low and investors are unwilling to sell, there is nothing you can do even if you have money.
Xu Jianqing had 8,200 chips in his hand. He was always bold in his operations and was willing to learn from his boss. He couldn't control himself and sold out all his chips. There were only a few days left until the end of the month. If he couldn't buy them back, it would be a big disaster.
"Don't worry, with this trading volume, it's difficult for me to sell even if I want to. Today's estimated volume is less than 70 million, and I can't clear out all my inventory even if I want to."
"That's good. How is Tingting today?" After Wang Ruoyu gave a few instructions, he asked Liu Tingting. The three of them didn't talk much during the day except during lunch break.
Wang Ruoyu and Xu Jianqing kept staring at the board without daring to be distracted, and Liu Tingting was afraid to disturb them.
"Mine is still like this, with a daily increase or decrease of only one or two cents. I haven't been able to do anything for three days. It seems that my plan to increase my chips is a bit difficult." Liu Tingting, who originally wanted to increase her chips to 12,000 lots, was a little disappointed by the trend of Xibu Securities.
"It's okay. Don't be in a hurry to act if you don't have a chance. There's no use in being anxious." Wang Ruoyu comforted.
"Well, I know that Xibu Securities has been very strong recently, so I dare not sell blindly." Although Xibu Securities still closed in the red today, the stock price is still firmly above the 60-day line, and the five-day line is already in a state of crossing the 60-day line.
"Securities have been strong recently, and the Shanghai Composite Index has also been much stronger. It looks like the market is really going to change."
"Indeed, no wonder the boss keeps telling us not to lose our chips. The brokerage sector is rising, which is a good thing."
"Boss is indeed one step ahead of the market. He was fully invested last week. Although the ChiNext fell sharply today, it was mostly to scare people. At this moment, most of the stocks that should fall have fallen. Dongfang Wealth has begun to rebound."
Dongfang Wealth represents the trend of the ChiNext to a certain extent. The day when Dongfang Wealth bottoms out and rebounds is the time to buy the bottom.
However, the decline this month was indeed terrible. Since the beginning of the month, Dongfang Wealth has almost started a downward trend. Even at such a low price, the stock price still fell along the five-day line.
The trend of Dongfang Wealth this month also made Wang Ruoyu fully understand that even if he is optimistic about a stock, he still needs to choose the right time to buy or sell it. If he were an individual investor and bought Dongfang Wealth at the beginning of the month, it would probably be difficult for him to hold on until now.
In fact, Gu Junhao asked Wang Ruoyu to keep an eye on the price of Dongfang Fortune near 10 yuan because of his foresight. Under normal circumstances, today's situation is actually not suitable for bottom fishing.
The characteristic of our A-share market is that when it is rising, no matter how bad the stock is, it may still soar. However, when it is falling, no matter how good the stock is, it may fall to the point where it is completely lost.
The real bottom fishing is not during the decline, but when the market gradually stabilizes after stopping the decline. This is the real bottom fishing. Bottom fishing during the decline may become catching a falling knife at any time.
If the normal valuation of a stock is 10 billion yuan, it can still fall to 5 billion yuan or even more during a long bear market or a stock market crash. I, A-share, don’t care what your normal valuation is. I will just kill it anyway.
This is the situation with Dongfang Wealth now. When the index is unstable, unless you are extremely sure that you can withstand the subsequent decline, it is better to wait until the trend reverses and several small positive lines appear continuously on the K-line before making a tentative buy.
When the volume and turnover rate remain stable, continuous small positive lines often represent the establishment of positions by funds. The purpose of establishing positions is nothing more than to pull up the prices. The so-called continuous small positive lines will inevitably lead to big positive lines, and the same is true.
Of course, all of this will only be effective when the volume and turnover rate are stable. It would be rogue to talk about other things without considering the volume and turnover rate.
"I hope Xiao Xu can be more capable and not fall behind us." Liu Tingting suddenly laughed. Since everyone was optimistic about the future market, Wang Ruoyu had already fully invested in his existing positions again.
Xu Jianqing still planned to take it back tomorrow. He didn't know what the situation would be by then, especially since Yinzhijie had a pull-up at the end of the trading day today. The so-called pull-up at the end of the trading day was either a traitor or a thief. If it was the same as Wan'an Technology's pull-up at the end of the trading day, and the stock hit the daily limit the next day, then Xu would be really at a loss.
"Don't worry. Yinzhijie's stock price rose sharply at the end of today's trading, which is different from Wan'an Technology's situation. Wan'an Technology's stock price increased significantly that day, and the ChiNext Index cannot be stopped here. It will definitely fall tomorrow."
Wang Ruoyu and Liu Tingting's transaction for the day has ended, but Xu Jianqing is still selling. He also heard their conversation, and when he talked about himself, he couldn't help it.
"The ChiNext Index is bound to fall tomorrow and it will be unstoppable. Tingting, it's hard to say about your Xibu Securities; the remaining three are all bound to fall tomorrow, the only difference is how much they will fall." Xu Jianqing said confidently.
"You are quite confident. Who gave you the courage?"
"Of course it's today's trend. Today, only Dongfang Wealth did not go against the trend of the ChiNext Index. However, it broke so badly that it would continue to fall for a while or all day tomorrow. This is reasonable, right?
My judgment yesterday has come true today. Look at the big boss Wan'an Technology, it didn't fall much today, and my Yinzhijie is basically going in the opposite direction of the index."
"That's true. Xiao Xu and I have similar judgments. If it weren't for the good opportunity of Dongfang Wealth's more than 10,000 sell orders this afternoon, I would have planned to take it tomorrow. "
"This is the opposite of what the boss said about shorting and going long, right? Going long and going short is to get more chips on the adjustment day, right?"
"Yes, I fully understand, hahaha."
At three o'clock in the afternoon, the trading that had tortured countless retail investors for a day finally ended. The two markets showed completely opposite trends. With the support of its weight, the Shanghai Composite Index hit a new high for the month today and finally closed at 2078.49 points, up 0.15%, with trading volume rising steadily.
The ChiNext Index fell 2.73% throughout the day and finally closed at 1293.09 points. The index fell below 1300 points again. The intraday plunge also increased the daily trading volume to 25.16 billion yuan.
Among the four holdings, Dongfang Wealth had the largest decline, falling 3.53% today and closing at 10.10 yuan. The trading volume returned to above 200 million yuan again and finally settled at 239 million yuan.
Among the other three stocks, Xibu Securities finally fell 0.72% to 11.08 yuan, while Wan'an Technology and Yinzhijie unexpectedly closed in the red, with Wan'an Technology rising 0.36% and Yinzhijie rising 1.58%.
Yinzhijie almost formed a bald positive line with a lower shadow today. From the trend point of view, Yinzhijie's daily K showed a three-consecutive-positive trend, but the weekly line was still suppressed by the ten-day line.
Xu Jianqing was very bold today and truly did what he said, "Be bullish and short." Throughout the day, Xu Jianqing sold 4,000 lots of Yin Zhijie at an average price of 17.15 yuan, with a transaction volume of up to 6.86 million yuan, accounting for 9% of the daily transaction volume. However, since he sold them one by one at the real-time price throughout the day, it did not have much impact on the market.
During the closing period, Wang and Liu learned that Xu Jianqing had sold so many stocks, and they couldn't help but worry for him. Especially in Liu Tingting's view, this behavior was no different from seeking death.
In Liu Tingting's view, trading should be based on stability. Short-term fluctuations in stock prices are not important. Chips are the most important. Although you also want to collect more chips, you cannot take risks because of short-term fluctuations.
During these three days, the trading volume of Xibu Securities has been much larger than in the past. The lowest volume today has reached 150 million. The trading has also been relatively active. If you really want to do it, you still have a chance.
With such a trading volume, it would be no problem for her to make a 2 million deal by herself. If she did it slowly, she could add some chips in the next few days, but Liu Tingting did not do so.
There is no other reason. When the stock price fluctuates very little, even if the trading volume increases, it is best to hold the position. The space is small, the profit margin is not high, and the number of operations increases.
The more you do, the more mistakes you are likely to make. No one can guarantee that they can do it right every time. Liu Tingting once asked herself this question about Xu Jianqing and Wang Ruoyu's bold behavior.
If I were to trade Dongfang Wealth or Yinzhijie, would I make a larger T like them? After thinking about it, Liu Tingting still felt that she would not do so.
Xu Jianqing’s result will not be known until tomorrow, but Wang Ruoyu has already succeeded and successfully increased the chips by 150 hands, which is already a successful case.
But when reviewing the situation, Liu Tingting still insisted on her own thinking and would not choose to take this risk. This idea was not because she was afraid of Gu Junhao's blame, but was determined by Liu Tingting's operational thinking.
People involved are often confused. In fact, what Liu Tingting doesn’t know now is that her firm belief has already become her own operating system and her own style.
If you want to engage in the stock investment industry for a long time, whether you are a retail investor or an investment institution, you must have your own style. The style can change with market changes, but its inner core must not change.
There are long and short stock transactions, but there is no distinction between high and low; some long-term investors and short-term investors in the A-share market despise each other, and management has been trying to guide investors to engage in long-term trading.
But for individual investors, there is no difference between long and short, only the difference between making money and losing money. If you have enough time, do short-term trading well and can guarantee profits, in this case, you can do short-term trading.
On the contrary, the medium and long term is your best choice. Buy a stock that you are optimistic about and hold it. When the stock price falls, you can keep calm and hold it with confidence. When you reach your expected profit, you can choose to sell it. This is also a good plan .
In short, the goal of choosing stock investment is to make money, not for some other reason. After you determine your goal, choose an investment method that suits you and be able to stick to it. This is half the success. The remaining half is left to the market.
However, compared with medium and long-term investments, it is relatively difficult for short-term investors to make profits. It requires a high level of concentration and high-frequency trading. Such high standards are beyond the reach of ordinary individual investors.
This is also the reason why Gu Junhao seldom does short-term trading. There is no stock god in the market, and Gu Junhao never thinks of himself as a stock god. High-frequency trading is prone to mistakes.
In order to make money, in addition to concentration, you still have to rely more on market trends. When the trend is down, no individual or organization is powerless. All you can do is to ensure that your retracement rate is minimized.
Being able to minimize your retracement rate during a downward trend is proof of your ability, while the profits during the upward trend do not actually prove anything.
Compared to the nervousness of Xu Jianqing and the other two, Gu Junhao, who had not entered the trading room for three consecutive days, seemed very relaxed. The company's affairs were all running normally, and there was no need to deal with miscellaneous matters such as attracting business like some start-up companies. Apart from signing documents, there were not many other things that required him as the boss to deal with.
So except for Monday, Gu Junhao would leave work early these two days, drive to pick up Zhang Yiru from work, and then the two would go home together to cook, as if they had returned to the time when Gu Junhao was still a small retail investor.
"Why do you get off work so early recently? Is there nothing going on at the company?" It was already the second day when Gu Junhao picked up Zhang Yiru, and Zhang Yiru could clearly feel that Gu Junhao was relieved.
"It's nothing. What could happen in the company? Everything is normal." Gu Junhao said with a smile.
"It wasn't like this before. I used to get off work late."
"Before, I was in the trading room. After trading, I had to attend a meeting. If there were company matters to deal with, I would have to spend some more time. I didn't go into the trading room these days, so I left work early."
"Ah? You didn't enter the trading room? Are you relieved?"
"What's there to worry about? Xiao Xu and the other two were still relatively young before, so I took care of them. Now they are almost two months old, so it's okay to let them be independent for a while."
"What if they make a mistake? The loss is not just a small amount of money."
"It's okay to make mistakes. It's inevitable to make mistakes when investing in stocks. Don't worry, I know what's going on."
Gu Junhao was not really saying this to comfort Zhang Yiru. Perhaps it was because he had been working in the stock market for too long, or perhaps Gu Junhao was born with this kind of personality.
Before doing something, Gu Junhao would always prepare for the worst case scenario, and if he could accept the outcome, he would then do it.
Being able to accept the worst outcome, the rest are considered beyond expectations. This seemingly pessimistic but actually optimistic state is Gu Junhao's attitude towards life.
The same goes for the laissez-faire behavior of Xu Jianqing and the other two. They just sold all their chips and had to buy them back, which meant they would just lose some profits.
"Okay then, I'm just asking casually. As long as you have the idea in your mind, wash the onions." Zhang Yiru didn't care. She never interfered in the specific affairs of Junshi Capital. Cooking was more important at the moment.
"Is one wash enough? Can I wash it twice?"
"Stop talking nonsense and hurry up, I'm waiting for you."
…
July 24, Thursday, a new day, the Shanghai Composite Index broke through the mid-term chip concentration area and opened high, while the ChiNext Index opened low. Except for the heavyweight stocks in the two markets, the opening data of a number of individual stocks performed poorly, and most of them opened low.
Among the four holdings of Junshi No. 1, three stocks continued to open flat, but Yinzhijie opened high at 17.46 yuan, up 0.69%; and it was 17.45 yuan higher than yesterday's highest price, forming a 0.01 yuan rising gap.
But in this situation, Xu Jianqing was not surprised but happy. He laughed and said, "Haha, only 40 lots were traded in the call auction. This is outrageous. If the price goes up today, I will eat my computer screen."
"Be less likely to make mistakes and less likely to be complacent; the stock market is ever-changing and the call auction does not represent anything," Wang Ruoyu reminded.
"Yes, you'd better be careful. Yin Zhijie's performance yesterday afternoon and today was a bit strange." Liu Tingting also said.
The other three positions performed as usual. Yin Zhijie's performance was indeed a bit unexpected. Could he really ignore the market? Wang Ruoyu and Liu Tingting could not guarantee it.
"Don't worry, there's no problem. It's not a large volume. This one-cent gap is a lie, but you're right. I really need to be careful. Okay, I'm going to prepare for the transaction."
At 9:30, trading officially began. Heavyweight stocks started to perform well from the opening. Brokerages, banks and insurance companies performed exceptionally strongly. The index also opened high and continued to rise. Xibu Securities, which opened flat, fluctuated slightly and then quickly rose to 11.23 yuan, up 1.39%.
On the other hand, the ChiNext Index quickly fell below 1290 points at the opening, and a number of small and medium-sized start-up stocks on the market quickly began to fall. It only took 10 seconds for Yinzhijie's share price to drop directly from 17.46 yuan to 17.20 yuan, and it was in the green.
As for the rest, Wan'an Technology, Dongfang Wealth, Tonghuashun, etc. also fell rapidly. The performance of small and medium-sized enterprises was even worse than yesterday. At this time, Xu Jianqing was calmer. There was no rush. This was just the beginning.
"Hey, Xiao Xu's skills have improved. You have even analyzed the trend of the ChiNext." Liu Tingting was also happy. Today, Xibu Securities finally gave her some space, and trading was more active than the day before.
At 9:40, the ChiNext index was at 1286.18 points, breaking the previous low, but it did not stop there. After a rapid decline, by 10 o'clock, the ChiNext index's decline widened to more than 1.2%, and also broke below the 1280 mark.
The index fell by more than 1%, and individual stocks fell by 3%; Yinzhijie closed at 16.81 yuan, Dongfang Fortune broke its previous low again, closing at 9.90 yuan, and all major concept sectors of small and medium-sized enterprises fell by more than 1%.
"It's almost ready. Hehe, this T is well done." Xu Jianqing stared at the trading board with a smile. However, Yin Zhijie was in a state of endless decline. If he wanted to collect enough chips, he could only buy them slowly throughout the day like he did yesterday.
At 10:04, Yinzhijie was quoted at 16.64 yuan. Xu Jianqing successfully completed the first transaction of the day and earned 110 lots of Yinzhijie.
At 10:15, Dongfang Wealth reported 9.74 yuan, down 3.69%. The trading quotation changed abnormally, and a buy order of over 4,000 lots pushed the stock price to 9.80 yuan. After , large buy orders of over 500 lots continued to follow up on the quotation.
"Has this bottomed out? Are the bulls starting to enter the market?" Gu Junhao stared at the intraday charts of Dongfang Wealth and the ChiNext Index in his office.
At 10:30, the ChiNext Index was at 1255.69 points. At this time, short-term movements were frequent, large amounts of funds began to flow into ChiNext stocks, and the index quickly rebounded to around 1266 points.
"The index fell 15 minutes in advance yesterday, and it did the same today, leaving me enough time to accumulate shares. It's really amazing." Gu Junhao exclaimed.
Regardless of whether the support at 1250 points can be held today, the main capital of Dongfang Wealth is still very sophisticated in its way of controlling the market. The continuous decline since July has not only exhausted retail investors, but even some small institutions cannot support it. When they reach the stop loss line, they can only choose to cut losses and leave.
In recent trading days, they have taken advantage of the rapid decline of the index and chose a wide range of shocks to clean up the market, in order to eliminate the last batch of weak-willed shareholders and force them to cut their losses and leave the market. They have done all of this.
As for the remaining sticky players like Gu Junhao, the main funds will not care about them. It is impossible for a stock to be cleaned out during the decline, and then some of these people can be shaken off during the rebound.
The most important main force can control the time so accurately. Except for yesterday and today, there were several trading days when the GEM fell earlier. By the time the index rebounded, Dongfang Wealth had been fluctuating at a low level for some time.
The rapid decline of the ChiNext in the morning was accompanied by a certain trading volume, which was significantly increased compared with yesterday morning. This also fully demonstrated that another wave of weak-willed shareholders was washed out, and the collection of chips by large off-market funds was further accelerated.
At the morning close, the ChiNext Index slowly rebounded from around 1255 points to around 1272 points, with the decline narrowing from a high of 3% to 1.65%.
Dongfang Fortune closed at 9.90 yuan, Yinzhijie closed at 16.70 yuan, Wan'an Technology fell to 10.81 yuan, and Xibu Securities followed the outstanding performance of the brokerage sector today, hitting a new high of 11.49 yuan during the session and closed at 11.35 yuan, up 2.43%.
"How much did Xiao Xu buy?" Liu Tingting asked Xu Jianqing happily during the meal. Xibu Securities fluctuated widely in the morning and the trading volume was also much larger. She finally had the opportunity to do T.
I spent one-third of my position and earned nearly 3% in T trading, and increased my position to 11,700 lots, an increase of 130 lots. Finally, I did not gain nothing.
Liu Tingting has also made up her mind that it doesn't matter if she can't reach 12,000 lots. This is good enough. She doesn't plan to do it again in the afternoon . The boss said that when doing T, don't trade multiple times in one day. After one trade, no matter whether you succeed or fail, you have to take a break.
"Hehe, when the ChiNext fell this morning, Yin Zhijie placed a 2,500-lot order, and I grabbed 1,500 lots. I learned this from Lao Wang."
Wang Ruoyu's closing transaction yesterday also gave Xu Jianqing inspiration. When a large order appeared, he would grab it from his opponent without hesitation. Anyway, the trading room had sufficient network and channels, so he could take whatever he could.
Including the slow purchases, Xu Jianqing bought a total of 2,500 lots in the morning. Most of the 4,000 lots sold yesterday have been recovered, so it should be no problem to finish buying them in the afternoon.
"That's good. This adventure has not been in vain. If nothing unexpected happens this afternoon, you should be able to get all the chips back." Wang Ruoyu did not trade today, but would help Xu Jianqing keep an eye on the market from time to time. The 1,500 lots that were grabbed were also part of Wang Ruoyu's contribution.
After trading started at 1 p.m., the Shanghai Composite Index continued to break through and was not affected by the ChiNext Index at all. The index successfully broke through 2100 points and finally closed at 2105.06 points. The trading volume reached a new high of 128.7 billion yuan.
After the ChiNext rebounded at 10:30 a.m., its performance in the afternoon was not outstanding. The index fluctuated sideways around 1270 points and finally closed at 1271.88 points, down 1.64%. The trading volume increased to 23.8 billion yuan.
Yin Zhijie's performance before 2:30 p.m. was like that of the ChiNext, fluctuating around 16.70 yuan. It seemed that God was helping him. During this one and a half hour trading period, Xu Jianqing successfully collected enough chips.
Throughout the day, Xu Jianqing collected a total of 4,115 chips, with the average price remaining around 16.69 yuan. At 14:35, after collecting all the chips, Xu Jianqing could easily watch the market.
However, at this time, Yinzhijie moved again, with the same trend as yesterday. This time, only 600 lots were used, and Yinzhijie's stock price quickly jumped from 16.60 yuan to 17.17 yuan, an increase of more than 3%.
"Oh my god, they're playing this game again?" Xu Jianqing stared at the time-sharing chart in amazement. After a while, he slapped his forehead and said, "Oh no, this thing will probably fall further tomorrow. I bought it too early."
The same way for two days, the stock price rose sharply in the late trading. The intention was to wash out some chips in this way. The amount of funds consumed was not large, but it was really cunning.
