Chapter 195 Crazy Friday
It seems that it would be difficult to grow a fund under Junshi Capital to a scale of over one trillion like E Fund; however, if one only wants to appear in the list of top ten circulating shareholders of a certain blue chip stock, it may not be impossible to achieve.
After the stock market crash in 2015 until before 2019, most blue chips fell to the bottom. If a relatively large fund could be successfully issued during this period, this goal would be easy to achieve.
"It's late, go to bed." Seeing Zhang Yiru looking at him infatuatedly, Gu Junhao said with a smile.
"Oh, okay." Zhang Yiru came back to her senses and said shyly; Xiao Gu looked so charming just now.
Nothing happened that night. The next day, they both got up on time, had breakfast at home, and went to work.
Gu Junhao arrived at the company on time. In the morning, Gu Junhao entered the trading room and explained to Wang Ruoyu that Dongfang Wealth had such an excellent financial report yesterday, and Dongfang Wealth would definitely have a good performance today.
"If necessary, you can reduce part of your holdings in Wan'an Technology or Xibu Securities, use this opportunity to do a relatively large intraday T operation, and then add it back when the time comes."
Afterwards, Gu Junhao glanced at Xu Jianqing again and said, "Don't move Yin Zhijie. From my analysis, his adjustment period is about to end, so there are not many opportunities left for you, Xu Da, to invest."
"I understand, boss." Xu Jianqing nodded.
As for Wan'an Technology and Xibu Securities, their recent trends have followed the index's fluctuations and consolidation. During the four days of trading, they fell for three days, and the trend has obviously weakened a lot.
Especially Xibu Securities, which hit a high of 12.44 on Monday this week and then fell back. In the following three trading days, the stock price fell below the 5-day line and the 10-day line, and barely closed at the 20-day line.
If the positive line position on August 15 cannot be maintained, the possibility of a further correction in Xibu Securities is relatively high. However, Gu Junhao did not dare to take the risk of reducing his position and waiting for a long time.
It’s just that today’s Dongfang Wealth opportunity is too good. It would be a good idea to reduce part of the holdings of these two stocks and go short in Dongfang Wealth.
"Then let's reduce Xibu Securities. Wan'an Technology's trading volume is too small, so it won't be reduced by much. I'll reduce a part of it at the opening." Liu Tingting said after thinking for a while.
Individuals must obey the overall situation. If there are clear good opportunities among the stocks held, it is natural to reduce weak stocks and increase holdings of strong stocks. All three of them understand this very well.
"Okay, that's it. You guys can decide the details, but Ruoyu shouldn't be attached to the Dongfang Wealth that she added to her position today. She still has to get out of it at the end of the trading day."
"Okay, but boss. Is it okay to add in the profits from my T business a few days ago?" Wang Ruoyu asked.
"It's up to you. I just want to see the specific results. It's fine as long as it doesn't affect the holdings of Xibu Securities." After saying this, Gu Junhao looked at the three people and said, "The rest is up to you. I'm leaving now."
"Haha, boss, you want to be Tong Huashun, right?" Dongfang Wealth is bound to surge today, driving up the sector and the previous leader Tong Huashun. That is inevitable. Xu Jianqing can also guess Gu Junhao's plan.
"Yeah, I have to make some pocket money to pay you. You see, I have to pledge stocks to make millions." Gu Junhao joked.
"Boss, you are in Versailles again. However, since you pledged Tong Huashun, many people on the Internet have been discussing whether our holdings are heavy or we have all-in on Dongfang Wealth."
"No matter how they discuss it, what can they do? Public funds can't let them mess around. Besides, even if we go all in, the scale is not large and it can't affect the overall trend of Dongfang Wealth at all."
"That's true. Then don't worry about them. Just don't expose other holdings." Especially Yinzhijie and Wan'an Technology. The market capitalization of these two stocks is relatively small. Once exposed, the impact will be significant.
It was almost nine o'clock, and Gu Junhao was too lazy to talk to them anymore. He stood up and walked out of the trading room and headed towards his office.
"Boss, you're back. I thought you couldn't help but stay in the trading room today." When Li Xinyu came to work in the morning, she saw Gu Junhao walking towards the trading room. She thought that the boss, who had stayed in the office for four days, finally couldn't help but stay in the trading room today.
In Li Xinyu's opinion, Gu Junhao, the company's big boss, is not really qualified to be a boss.
Since joining the company, Li Xinyu felt that Gu Junhao was not very concerned about the company's affairs and rarely thought about developing new business.
The identity of a fund manager is quite suitable for him, as the place he spends most of his time is the trading room.
"Why don't you come back? It's quiet here and there's people to help you." Gu Junhao responded with a smile. Speaking of which, Li Xinyu is becoming more and more adept at her job as an assistant.
When Gu Junhao was watching the stock market, Li Xinyu never disturbed him. She just quietly did her own thing and could also help him deal with some emergencies.
"Tsk, Xiao Xu is much better at flattering than I am, so it's the same to order him around. But boss, have you ever thought about developing new businesses? Before the fund is officially settled, shouldn't we add some new business points to diversify the company?"
This can be considered as a small suggestion from assistant Li Xinyu. After all, in her opinion, everything in Junshi Capital is currently operated by Gu Junhao personally at his own expense.
"There's no need for that. Instead of trying to attract business, I might as well do well in stocks. Business will naturally come to me when the time comes." The operating model of a private equity company is different from that of a general company and does not require too much business.
Of course, it is not impossible to develop some venture capital or primary market investment, but it is not advisable to spread the business too wide at the moment.
Personal energy is limited, and the current situation is pretty good; as for operational issues, my current wealth is sufficient to support Junshi Capital.
At 9:25, the call auction ended. Just like yesterday, the Shanghai Composite Index opened low, the ChiNext continued to open high, and Dongfang Wealth opened at 12.60 yuan, jumping up 2.94%.
Tonghuashun opened at 22.48 yuan, up 1.49%; it also opened higher with a gap up, and the call auction trading volume increased significantly compared with the previous trading days.
Opening his personal account and looking at the more than 300,000 yuan in funds lying inside, Gu Junhao sighed and said, "Alas, it's a pity that the pledged money can't continue to be used for stock trading, otherwise I could make a short bet today."
The trend of Dongfang Wealth and Tonghuashun today is bound to rise. Dongfang Wealth can take advantage of reducing holdings of some weak stocks to go short, and Tonghuashun also has no shortage of opportunities.
However, the use of funds pledged from stocks has clear regulations. Although the market is currently in a stage of lax supervision, everyone is using various channels to inject funds back into the stock market.
The regulators turned a blind eye. If Gu Junhao really injected the money back into his account and used it for stock trading, he would probably only be fined three glasses of wine even if he was caught.
However, Gu Junhao did not want to do this. Tong Huashun's transaction volume was not high. The more than 6 million yuan pledged last time, plus the funds in the bank card and account, exceeded 8 million yuan.
According to Tong Huashun's trading volume, if I buy it today, if it hits the daily limit, I should appear on the Dragon and Tiger List, and that would be a bit bad.
"It's better to be safe. The less money I make, the better." Gu Junhao quickly convinced himself. It would be bad if he was put on the list like someone else one day.
At 9:30, official trading began. Tong Huashun, which had briefly surged, was hit by a sell order of 521 lots. During the same period, Dong Fang Wealth also began to fall back.
The ChiNext Index also opened high and ended low.
"Yes, it would be better to fill the gap." The ChiNext Index rose in the late trading yesterday, and stocks such as Dongfang Fortune and Tonghuashun accumulated a lot of short-term capital profit.
After today's high opening, Dongfang Wealth's big high opening has brought profits of more than 8% to this part of the funds. For hot money, it has fully reached the profit-taking standard.
Within just one and a half minutes of opening, Tonghuashun's share price had reached 22.18 yuan, and Dongfang Fortune also fell from a high of 12.65 yuan to 12.27 yuan.
At 9:32, Tonghuashun's stock price was hit by a sell order of 154 lots, from 22.18 yuan to 22.12 yuan, and the stock price turned green.
"Unlimited decline, it's okay, I'll take it." Gu Junhao was itching to get his hands on it, such a good opportunity could not be missed.
Place a buy order for 150 lots at the price of 22.15 yuan, which just uses up the funds from the last T transaction. If you don’t have a large amount of money to invest, you can also participate with a small amount of money.
Since it was a direct order and the volume was so small, 154 lots could drive the stock price down by 0.06 yuan, so Gu Junhao's order could naturally be pulled back.
At 9:34, after fluctuating between the flat price of 22.15 yuan and the green price of 22.12 yuan for two minutes, Tong Huashun turned red again, and Gu Junhao's buy order was naturally executed smoothly.
Dongfang Wealth also bottomed out and rebounded at the same time. For stocks of this type that basically have significant positive performance, a high opening and a decline during the day is an opportunity.
After turning red, Tonghuashun welcomed a wave of continuous buy orders of less than 100 lots within three minutes, and the stock price was also pulled up to 22.38 yuan.
"There are still many courageous retail investors." Gu Junhao said with a smile. This wave of buying was obviously the behavior of retail investors. It is impossible for the main funds to be so bored as to place orders for dozens of lots.
There are not too many quantitative funds nowadays, and most of them are traded by traders. Even if there is a batch order model, the order will not be so small. For institutions, it will take a long time to buy such a small order.
For retail investors, a few dozen lots at one time may mean their entire fortune . This is exactly what is meant by "all in in one second" and "clearing all positions in one second".
At 9:45, Tonghuashun, which continued to buy small and medium-sized orders, returned to above the opening price, reporting 22.50 yuan, and a buy order of 1,099 lots came out.
With more than 2 million yuan of funds, all small sell orders at the price of 22.50 yuan were accepted. The stock price of Tonghuashun went straight to 22.60 yuan. Subsequently, after a transaction of 495, there were several buy orders of more than 200 lots.
Tonghuashun hit a new intraday high of 22.70 yuan, which is also the highest price of Tonghuashun since this wave of rebound.
"Yes, the main capital has started to work." A wave of funds exceeding 5 million has entered. No matter who it is, it can be regarded as the main capital during this period of time.
Compared with the adjustment of Dongfang Wealth, although Tonghuashun opened higher this morning to a smaller extent, the adjustment speed was faster. At this moment, Dongfang Wealth is still below the intraday yellow moving average.
Tonghuashun has successfully broken through the 22.70 yuan price level, setting a new high since this round of rebound, and is heading straight for the integer price level of 23 yuan.
At 9:53, Tonghuashun reported 23.04 yuan, and one minute later it rose to 23.35 yuan, with an intraday increase of nearly 5%. At this time, Dongfang Wealth finally ended its adjustment.
Dongfang Wealth, which rose rapidly, achieved a short-term increase of 4%, with its share price at 12.73 yuan. The surge of the two leading stocks soon formed a sector effect.
The ChiNext Index bottomed out and rebounded, and concept stocks related to the Internet finance sector also moved higher. After a few short minutes, it was ten o'clock in the morning.
The time for a rally has come. Both Tong Huashun and Dong Fang Fortune, which saw large volumes, quickly surged higher, with Dong Fang Fortune closing at 12.96 yuan and Tong Huashun at 23.49 yuan.
Real good news is so effective that the two leading stocks in the Internet finance sector both rose by more than 5%. After six trading days of adjustment, the share price of the previous leader Tonghuashun has regained its vitality.
At 10:04, three medium orders led several buy orders of more than 200 lots, and Tonghuashun’s stock temporarily reached the price of 24.37 yuan, with the increase reaching 10.02% at one point.
However, it only briefly touched the upper limit price, and Tonghua quickly fell below 24 yuan to 23.88 yuan.
"It's time to start trial adjustments." Gu Junhao said with a smile. The trading volume in the morning was too small and the turnover rate was too low to support the daily limit price.
At this time, the main force uses a small amount of funds to tentatively impact the daily limit, in order to test the upper pressure level and observe the market trend. If the pressure is too great, the market will be dominated by short positions.
In this case, the main funds will choose to sell mainly, which will cause a rebound. If the pressure is not great, after the adjustments are almost complete and the exchange rate of chips has increased, the funds will choose to close the board again.
At present, Tong Huashun is more inclined to the latter. After the stock price fluctuated greatly, there were no large sell orders in the trading session, and most of them were still around 100 lots or even less.
"Dongfang Wealth has also moved unusually." Everything happened as expected. Dongfang Wealth, which had a longer adjustment period than Tonghuashun, had strong stamina. At this moment, three buy orders totaling more than 18,000 yuan quickly pushed up the share price of Dongfang Wealth from 12.98 yuan to 13.46 yuan.
"Oh my god, more than 37,000 shares, so ruthless." Gu Junhao sighed. He didn't know which fund was behind this, but it was so ruthless. Nearly 50 million yuan of funds were directly used to press the price at 13.46 yuan, which seemed to indicate that the price was closed directly.
The probability of this kind of direct hitting of the board approach by institutions, especially large public fund institutions, is low. However, to be able to come up with such a large amount of funds to close the board, it must be either a small private equity institution or some big hot money boss.
The sense of smell of big funds is not comparable to that of retail investors. The direct hitting of the board by 50 million funds attracted a large amount of funds to join the ranks of closing the board.
In just a few tens of seconds, the orders on Dongfang Wealth's board had exceeded 100,000.
This order of more than 100,000 lots withstood the first wave of crazy selling by Dongfang Wealth. In the few tens of seconds, dozens of large sell orders of more than 1,000 lots appeared on the Dongfang Wealth trading board.
The total trading volume exceeded 30,000 lots. If the closing funds did not form a combined force, the 37,000-lot large buy order just now would be useless and would be smashed by him anyway.
"I don't know how many Ts Xiao Wang has done." Looking at the large amount of funds flowing out in these tens of seconds, Gu Junhao couldn't help but muttered. At this time, Ernst Huashun has returned to the adjustment state.
However, Dongfang Wealth successfully closed the board, and Gu Junhao was not in a hurry. The sector effect had already been formed, and some other stocks in the back row had exceeded the limit by 3% to 7%.
There will be no problems with Tong Huashun. Even if it does not re-close, Tong Huashun will still have a good increase today.
However, if the price fails to recover smoothly, Gu Junhao will reduce part of his position accordingly, and there is only 10% room left before the end of this round of rights issue.
If the price does not reach the daily limit, you can withdraw part of your position. If the price reaches the daily limit, you can wait until the final rights filling is completed and then withdraw part of your position.
In this round, Gu Junhao only looks at Tong Huashun's rights-filling market. The real big market will still have to wait until the volume increases. At least there must be an average daily trading volume of more than 200 million yuan.
…
"Hey, now we've divided the money. Today was great, I'll treat you guys to dinner tonight." Wang Ruoyu said happily. It seemed like they had developed a tacit understanding recently. The man in the office thought of Wang Ruoyu in the trading room.
Here, Wang Ruoyu has successfully completed the transaction. After Gu Junhao gave his instructions and left the trading room in the morning, the three of them discussed and decided that since Dongfang Wealth had such a large transaction volume, it shouldn't be a problem to make a big deal.
In recent trading days, the volume and volatility of Dongfang Wealth have been relatively large. In addition, the boss also told on Monday that he could increase the intensity of T, so Wang Ruoyu also T out a lot of money in the past two days.
Liu Tingting reduced part of her positions to support Wang Ruoyu, and Xu Jianqing also decided to stop his short-term operations and directly cleared out the chips he held in the call auction.
The three of them raised a total of 10 million yuan, of which Wang Ruoyu had 800,000 yuan of his own funds. Liu Tingting gave great support by selling 5,000 lots, and together with the T trading in recent times, the total investment was 6.7 million yuan.
The remaining 2.5 million yuan was invested by Xu Jianqing, Xu Dayouzi. Xu Dayouzi finally got two daily limit increases recently, and the 2 million yuan of funds also allowed him to make 2.5 million yuan.
The first phase of the hot money journey ended today, which is relatively perfect, but the number of 2.5 million yuan is a bit unpleasant no matter how you look at it.
"Then I have to have a good meal tonight, otherwise I will have to suffer another daily limit increase today." Xu, the big speculator, took the opportunity to make a killing on Wang Ruoyu. After suffering two daily limits, he was in high spirits.
"The boss is right. There is potential in these new stocks. I'll try to get some next time when I get a chance." Xu Jianqing couldn't help thinking proudly.
"Come on, you're just lucky. You were lucky to sell it in the call auction this morning. Look at your newly listed stock, it's fallen by 5% and it's still trading at the daily limit."
"I can change stocks. I can sell them in the morning and quickly buy other stocks. Then I can get a daily limit. It's reasonable, right?"
"Tsk, then try another one. I've just transferred the money to you." Liu Tingting said disdainfully. Wang Ruoyu strictly followed Gu Junhao's instructions. When Dongfang Fortune hit the daily limit, he immediately sold the 10 million yuan chips he had bought in the morning.
The funds collected this morning have returned to the sub-accounts of Liu Tingting and Xu Jianqing, but Wang Ruoyu did not sell today's profits and the T chips he had previously traded.
As of today, Dongfang Wealth's holdings have reached 12,500 lots, which has allowed Dongfang Wealth to return to the top spot in Junshi No. 1 holding. Today's daily limit price of 13.46 yuan has also brought Dongfang Wealth's market value to 16.825 million yuan.
"I missed the opportunity and won't buy it. And, don't just blame me, why don't you buy back Xibu Securities?" Xu Jianqing said stubbornly.
"I'm not in a hurry. The boss said that the market for Xibu Securities was weak. I bought it around 12 yuan this morning. I have to wait until it's below 12 yuan before I can make any decision."
Gu Junhao's judgment has never been wrong, and Liu Tingting is a patient person. At this moment, Xibu Securities is selling at a price 0.1 yuan higher than her previous selling price.
She was willing to believe Gu Junhao's words and wait patiently for Xibu Securities to pull back.
"Since you guys aren't buying anything, then is everything alright today?" Wang Ruoyu suddenly said.
Dongfang Wealth has hit the daily limit, Liu Tingting is not trading, and Yin Zhijie has returned to a trend of small fluctuations with shrinking volume today. The boss has also told us not to move, so today's transaction is considered complete.
"Yeah, you don't want to spend the weekend early, do you? Isn't that a bit bad?" Xu Jianqing looked at Wang Ruoyu in surprise. It was only half past ten.
"I kind of want to. I was planning to pick up the car on the weekend, but it would be better if I could go in the afternoon. How about it, do you want to leave work early?" Wang Ruoyu said with a smile.
After the last dinner, Wang Ruoyu felt the inconvenience of not having a car and decisively ordered a car.
"Oh my god, why didn't you tell us? If you had told us, we could buy it together and it would be cheaper." Xu Jianqing was stunned for a moment and said to Wang Ruoyu.
"I asked you, and you said there was no point in having a car, and there was no rush now."
"Did you tell me that? I forgot, but it doesn't matter. Can I just call and ask the boss?" As he said that, Xu Jianqing dialed the internal hotline.
After a while, Xu Jianqing snapped his fingers and said to the two of them with a smile: "The boss agreed, but we have to wait until the morning close."
"Yeah, that's good. Thanks to Dongfang Wealth for giving me a half-day paid vacation." Liu Tingting said happily.
"Then Xiao Wang, you have to treat us at noon and in the evening. Let's take Tingting's car to pick it up. Is that okay? Tingting."
"No problem, it's just that the back seat of my car is too small, so you'll have to squeeze in."
"It's okay, it's okay. By the way, what car did you buy, Xiao Wang?"
"Same as the boss's."
"Mercedes-Benz? Where did you get so much money?" Xu Jianqing said with eyes wide open.
"What are you thinking about? I'm talking about the boss's previous car, which is now driven by Sister Zhang." Wang Ruoyu rolled her eyes.
"Oh, it's a broken Volkswagen."
"With your mouth, it's not surprising at all that you got beaten." Liu Tingting said speechlessly.
…
Gu Junhao didn’t know what happened in the trading room, but since Xu Jianqing called him just now, he thought the operation should be going well. He looked at the trends of several stocks and found nothing serious, so he agreed to it.
This is how traders work. If there is nothing serious, there is no need to watch it specially. It is already 10:40 now. Dongfang Wealth has been capped for half an hour, and there are still more than 200,000 lots on the board. The probability of opening the board today is not high.
Tonghuashun has been fluctuating at a high level of about 7% since it briefly hit the daily limit. The overall capital inflow is large and the trend is good.
At the midday close, Tonghuashun closed at 23.69 yuan, up 6.95%, with a turnover of 113 million, exceeding the whole day yesterday. Dongfang Wealth still showed no signs of opening.
As soon as the trading time ended, Xu Jianqing and the other two left the trading room and came to Gu Junhao's office. After a brief report, Gu Junhao let them leave.
The three of them went to pick up the car happily. Wang Ruoyu had already bought a car, and Xu Jianqing, who had not been in a hurry before, could no longer sit still and prepared to order a car of the same model as Wang Ruoyu.
In his words, let's destroy the masses, it's better than nothing.
"It's amazing! The three of them have only been working for a few months and they can already buy a car." Li Xinyu said with some envy. Although they only paid a down payment, it was still quite a big shock to her.
"You can buy it if you want, just reduce other expenses." Gu Junhao said with a smile. Liu Tingting's family is well-off, and Xu Jianqing and Wang Ruoyu don't spend much on a daily basis. Plus, they have good treatment, so buying a car is naturally no problem.
"Hey, boss, how do you know that my expenses are quite high?" Li Xinyu asked in surprise.
"You've been with me for so long, and you've never worn the same clothes twice. Even a blind person can tell that." Gu Junhao curled his lips.
However, Li Xinyu spent her own money, which Gu Junhao did not mind. Everyone knows that people love beauty.
"Hahaha, my boss found out. Can you give me a raise? My expenses are a bit high."
"That's a nice thought. You've only been here for a few months and you've already had a salary increase. You should control your spending, save some money, and learn some financial management knowledge."
After the incident at the end of 2019, I don’t know how many boys and girls I have seen living paycheck to paycheck and struggling to make ends meet. Although Li Xinyu doesn’t have to worry about these with her salary , it always doesn’t hurt to save a little more money.
"Okay, I got it, hehe." Li Xinyu smiled awkwardly, but didn't take Gu Junhao's words seriously.
"I'll take a break after eating, you can clean up."
"OK."
In the afternoon, trading continued. Blue-chip stocks continued to diverge today, but the big financial sector performed well . Although the Shanghai Composite Index opened low and fell in the morning, it has now turned positive.
After the ChiNext Index fell to the five-day line in the morning, it continued to rise. On the market, today's profit effect was good, and there were quite a few stocks that hit the daily limit.
This week, due to the sluggish rise of blue-chip heavyweight stocks and continued differentiation, the wind direction has once again turned to the ChiNext. Small and medium-sized growth-themed stocks have performed quite well in recent times.
When the market opened in the afternoon, Tonghuashun continued to maintain the high-level fluctuation trend of the morning, and always fluctuated above the price of 23.70 yuan, with a very good trend.
At 2:12 p.m., Tong Huashun, which had been fluctuating at a high level, was pulled up again to above 24 yuan. 15 minutes later, Tong Huashun's market showed unusual movements, large orders began to come in, and the trading volume began to gradually increase.
"I feel the probability of a daily limit is still quite high."
At 14:35, Tonghuashun, which had been gradually increasing its trading volume, saw its trading capacity expand again. The largest single buy order so far also appeared, 5,902 lots, which was close to 15 million in funds.
Tonghuashun went straight to 24.37 yuan, up 10.02%. Subsequently, there were several large buy orders, and Tonghuashun's closing price quickly reached 20,000 lots.
"20,000 lots, that's enough." Gu Junhao said with a smile. Tong Huashun, which had been fluctuating at a high level for a day, was under less pressure to close orders than Dong Fang Wealth, which was in the limelight.
From the closing price to the closing price, Tong Huashun's largest sell order was only 886 lots. The volume of the market crash was relatively small, but this order of 886 was quite interesting.
"886, hehe, interesting; let's see next Monday." Gu Junhao said happily. Dongfang Fortune and Tonghuashun both hit their daily limit today, which can be regarded as a bumper harvest day.
