Chapter 224: The Week of Junshi No.1
"Boss, the trend of Xibu Securities today is similar to that of Dongfang Wealth yesterday. Do you think it is possible that it will also reach the daily limit tomorrow?"
After the market closed, Liu Tingting suddenly asked, for her, today was a tense and exciting day.
Since taking over, Xibu Securities has never encountered such an exciting trend.
Gu Junhao recalled the similarities between the two stocks, the same industry-related favorable factors, and the same trend of stock accumulation.
And similar pulling-up techniques, as a small brokerage firm, it led the entire sector today, and it is not impossible to hit the daily limit tomorrow.
It is easier for small brokerage firms to rise than large brokerage firms.
"It's not impossible, but there is definitely a chance that it will surge tomorrow. We just have to wait and see."
Gu Junhao laughed loudly, saying that his two heavily-weighted stocks had surged today and he was in a very good mood.
"It's a pity that Mr. Xu has gone home and has perfectly missed today's exciting point. Haha." Wang Ruoyu suddenly said.
Wang Ruoyu's words stunned Gu Junhao and Liu Tingting, and then they both burst into laughter.
There was indeed some excitement in the trading room today, and Gu Junhao was staring at this and that.
The rise of Xibu Securities in the late morning trading and the rise of Dongfang Wealth throughout the afternoon made the mood in the trading room high.
At the closing time, it was also listed on the Dragon and Tiger List of Dongfang Wealth. It was truly a fulfilling day.
"Okay, let's all go home and continue fighting tomorrow."
It was almost six o'clock. He had been busy a little late today, but for Gu Junhao, it was worth it after all.
In the evening, a piece of news added infinite imagination to the trend of Xibu Securities the next day. It is really not impossible for the stock to reach the daily limit.
News on the evening of the 23rd stated that among the more than 90 securities firms that applied for on-site inspections for the Hong Kong Stock Connect, 70 have been approved, and those that passed unconditionally will become the first batch of pilot securities firms.
Although it is not clear which securities firms are in the first batch, as many as 70 securities firms have passed, it is no surprise that Xibu Securities is among them.
With such a concentrated outburst of positive news in the securities industry, it is no wonder that brokerage firms have been performing so strongly recently. The performance of Xibu Securities this morning represents the attitude of some people who are sensitive to the news.
Do everything possible to collect enough chips and make full preparations for arbitrage from favorable factors.
"The climax is about to come. It's really worth looking forward to." Gu Junhao said secretly.
Wednesday, September 24th.
The Shanghai and Shenzhen stock markets both rebounded yesterday, and today remained the same as yesterday, with the Shanghai Composite Index opening low and the ChiNext Index opening slightly higher.
Among the two Junshi No. 1 holdings that rose sharply yesterday, both opened low, with Dongfang Wealth opening at 15.97 yuan and Xibu Securities at 12.67 yuan.
"There is no premium at the opening. This is a lesson for the company. Haha." Gu Junhao laughed.
Gu Junhao believed that it was normal for Xibu Securities to open low. The brokerage firm, which had been strong for two consecutive trading days, also needed to cool down the sentiment in this way.
Xibu Securities, which surged yesterday, needs to use this method to wash out some of the floating profit chips it entered yesterday morning.
By taking advantage of all the good news, reasonable turnover can be made to reduce the pressure of rising prices.
Although Dongfang Wealth opened much lower than Xibu Securities, at only 0.04 yuan, it was this low opening that made Gu Junhao pessimistic about today's trend.
Such a huge amount of Dongfang Wealth was released yesterday, but today there was no premium left for the investors.
For this type of hot money that does overnight arbitrage, if the trend is not as expected, they will definitely dump the market without hesitation.
The nearly 6,000 lots of Dongfang Wealth's collective bidding transactions also seem to explain it all.
After the transaction officially started, Gu Junhao was still more concerned about Dongfang Wealth. After all, he had significantly reduced his holdings yesterday, and he had to observe whether there was a chance to take them back today.
At 9:30, as soon as the transaction started, Dongfang Wealth's stock price plummeted to 15.80 yuan due to a sell order of 6,800 lots and a sell order of 2,600 lots.
Close to 15 million yuan of funds have fled, from which it is not difficult to see the attitude of hot money. Such a large order is only enough to cause a 1% drop, which is Dong Fang Wealth.
"How is Xibu Securities?" While staring at the trading quotation of Dongfang Wealth, Gu Junhao did not forget to ask Liu Tingting about the situation of Xibu Securities.
"Not bad, just like yesterday, there was a big order at the opening, this time it was 7,000 lots, and the stock price went straight into the red." Liu Tingting responded.
Gu Junhao could see the trend of indexes and stocks, but he could not take into account intraday transactions.
After all, a person's energy is limited. When several stocks are in an excited state at the same time, traders are needed to share the pressure with you.
Wang Ruoyu and Liu Tingting completed their tasks very well.
In a round of decline, Dongfang Wealth had a net outflow of more than 30 million yuan, but when it started to rise, the net inflow was less than 10 million yuan.
At 9:36, Dongfang Fortune quickly fell from the price of 16.17 yuan. This ups and downs continued until 9:50, when Dongfang Fortune hit a new low of 15.72 yuan.
After the rebound at 10 o'clock, the stock price only rebounded to near the average price before falling again. At 10:25, Dongfang Wealth reported 15.55 yuan, down 2.87%.
The trend has come to this point, and there is no need to look at it anymore. Gu Junhao said to Wang Ruoyu: "If there is an opportunity, do T. If there is no opportunity, forget it. There is no need to increase the position."
The performance of large-cap stocks controlled by public funds on the day after the daily limit is enough to illustrate their attitude. They will first wash out some floating chips and take profits.
If nothing unexpected happens, today's Dongfang Wealth will either be a high-level doji or a sharp drop to the five-day line.
In short, for Gu Junhao, there is no rush to take back the sold positions today.
At 10:30, Xibu Securities reported 13.17 yuan, up 2.89%. The highest price of the day was reached at 10:05, 13.34 yuan.
The securities sector has clearly accelerated today. As of now, the overall increase of the sector has exceeded 2%. Xibu Securities is still performing strongly and ranks at the top.
The upward oscillating Xibu Securities is far from accelerating, and the stock price is still oscillating above the yellow moving average of the day. There is no need to worry about this trend.
At 10:50, the overall movement of securities firms accelerated, and Xibu Securities also had a small increase in volume, and the stock price rose rapidly.
"The reaction is earlier than yesterday. It looks like we need to speed up today." Gu Junhao said to Liu Tingting.
Yesterday's attack was a sneak attack at noon, which seemed a bit petty. However, today's upright rise seems to indicate that the funds in the market are ready.
At 10:58, another wave of buying of more than 30 million pushed the share price of Xibu Securities to the integer mark of 14 yuan, an increase of 9.37%.
There is only a gap of 0.08 yuan away from the upper limit price. The trend is unusually strong. As expected, small brokerages can push up the price faster.
"It looks like the price may hit the daily limit today. Let's hold it and see. If it fails to reach the limit, we will reduce our positions like we did yesterday." Gu Junhao said with a smile.
At the midday close, Xibu Securities, which had fallen from its highs, continued to fluctuate upward after falling to the lowest price of 13.73 yuan; by noon, it closed at 13.93 yuan, up 8.83%.
Dongfang Fortune closed at 15.72 yuan at noon, down 1.81%. Although funds showed signs of outflow, the trading volume did not change much compared with yesterday.
Dongfang Wealth, whose trading volume could not break through again, gradually showed signs of fatigue during the day.
The highest price in the morning was 16.17 yuan, which was also the highest price since this round of rebound. The low price of 15.53 yuan during the day kept the amplitude of Dongfang Wealth at only 4%, and the activity level was significantly reduced.
In the afternoon, trading continued; after a brief one-minute test, Xibu Securities suddenly placed an order of 12,000 lots, an order of more than 40,000 lots, and a series of large orders of thousands of lots.
The total purchase amount of more than 84 million yuan caused Xibu Securities to hit the upper limit in an instant, with the stock price closing at 14.08 yuan.
What followed was an overall abnormal movement in the securities sector. Securities firms with strong performance elasticity, such as Dongwu Securities and Changjiang Securities, also reported strong daily limit increases.
A series of brokerage stocks also rose sharply, and the overall brokerage sector reached 6% at one point.
The popularity of brokerage firms exceeded market expectations and also boosted the Shanghai Composite Index, which continued to rise. At 1:30 p.m., the index once again reached above 2,340 points.
Led by the securities sector, a large number of stocks in the Shanghai and Shenzhen stock markets turned positive. Dongfang Wealth, which had been fluctuating weakly throughout the day, also briefly turned positive under such circumstances.
Xibu Securities quickly closed the board in the afternoon. With such a strong trend and a good closing structure, there is definitely no need to sell. This is different from the closing of Dongfang Fortune at the end of yesterday's trading.
By the way, this is the first daily limit of Xibu Securities since February 10, 2013. After a year and a half of downward trend, it should be considered to have truly broken away from the bottom, right?
However, for Junshi No. 1's holdings, a profit of more than 30% on the daily limit can be considered as a true break from the bottom. This is also the last stock of Junshi No. 1 to break from the bottom area.
In Gu Junhao's opinion, only when the profit reaches more than 20% can it be considered to be truly out of the cost zone.
Xibu Securities closed strongly in the afternoon and continued to rise until the closing stage. The trend was very strong, and the trading volume increased from 561 million yuan yesterday to 813 million yuan today.
Under such circumstances, the Shanghai Composite Index and the ChiNext ended today's trading with gains of 1.47% and 1.09% respectively.
The trading volume of the two markets also increased significantly. The Shanghai Stock Exchange's trading volume returned to more than 180 billion yuan, and the overall trading volume of the ChiNext reached 38 billion yuan.
With such good market conditions, both markets naturally turned red on a large scale, and the same was true for Junshi No. 1's holdings. The only flaw was that Dongfang Wealth finally closed down 0.37% today.
As expected, Xibu Securities appeared on today's Dragon and Tiger list, with hot money still buying heavily and institutions also present.
Xibu Securities' net purchase difference today was as high as 88.75 million yuan, and the buyer of one seat was the Jiangdong North Road Branch of Qilu Securities, which is also located in Ningbo.
"It's definitely a big boss' seat. I hope we can have some structure tomorrow, not like what happened to Dongfang Wealth today."
The performance of Dongfang Wealth on the second day after its daily limit could be said to be very poor. The trading volume remained above 1 billion, but it showed such an ugly trend.
In addition to the suppression from the main players in the market, it is also closely related to the hot money that bought yesterday without considering the overall situation.
The second and third buying seats both bought a considerable amount. The top three bought a total of more than 130 million yuan, which is terrifying.
The strength of hot money and its sensitivity to the market are indeed beyond the reach of ordinary investors. Even Gu Junhao feels inferior to him.
Gu Junhao bought Xibu Securities based on the logic of long-term investment, but hot money can quickly find suitable targets when the market moves abnormally.
The hot money that is good at creating short-term leading target stocks also made Xibu Securities, which was the first to close the board, the leader of the day.
Different stocks hit the daily limit for two consecutive days, which was the first time since the establishment of Junshi No. 1. The hot daily limit also led to a surge in Junshi No. 1's revenue.
Perhaps it was fate's favor, or perhaps it was after overcoming the final difficulties, the day of harvest had arrived, in the early morning of the 24th.
Gu Junhao received another good news while he was sleeping. The merger and reorganization of Yinzhijie was unconditionally approved by the China Securities Regulatory Commission and it resumed trading on the 25th.
In the morning, when Gu Junhao arrived at the company and received the news, a smile appeared on his face. Everything came so timely.
After finishing the work at hand, Gu Junhao came to the trading room and Xu Jianqing had already returned to work.
After seeing Gu Junhao, Xu Jianqing shouted, "Boss, what a coincidence, Yinzhijie just happened to resume trading today."
It took exactly one week from the suspension to the resumption of trading, and Yinzhijie can be said to have resumed trading as quickly as possible.
The extremely fast resumption of trading is probably closely related to the fact that the main players in the market want to catch up with this wave of rebound.
If nothing unexpected happens, with such great positive news, Yinzhijie should have a daily limit today.
Yesterday, Xibu Securities was able to hit the daily limit. With such a deep control over the market, Yin Zhijie has great hope of hitting the daily limit today.
At 9:25, both the Shanghai and Shenzhen stock markets opened higher, with the Shanghai Composite Index setting a new high, opening at 2352.87 points.
The securities sector as a whole opened sharply higher, with Xibu Securities opening at 14.84 yuan, up 5.40%, giving a very high premium.
Sentiment in both markets seemed unusually high, and all of Gu Junhao's holdings opened higher, including Dongfang Wealth, which saw a large outflow of funds yesterday.
Dongfang Wealth opened at 16 yuan, and Yinzhijie, which resumed trading today, opened at 24.99 yuan, a huge increase of 5.22%.
The bidding on September 25th ended the Thursday curse. Looking at the market, Gu Junhao felt a little uneasy deep down.
The consistency is too strong. Even in a bull market, there should not be such consistency. There are not many stocks that opened low in the Shanghai and Shenzhen stock markets today.
"Ruoyu, please put up another 2,000 shares of Kefang Wealth ." Gu Junhao said to Wang Ruoyu as soon as the call auction ended.
The so-called buy when there is disagreement and sell when there is consensus. When market sentiment is too consistent, Gu Junhao feels it is better to reduce holdings.
Let those who want to make money make it. I'd better reduce my positions and wait and see. As for Xibu Securities, Gu Junhao will also reduce his positions today.
However, it is not during this time period. The securities sector is too hot today, and Xibu Securities, which opened high, should have a process of rising.
When the market is in the process of rising, Gu Junhao will also look for opportunities to reduce his holdings. However, Yinzhijie resumed trading today and opened higher again, so he will not consider reducing his holdings for the time being.
"Tsk tsk tsk, you guys were really excited during the few days I wasn't around. Both stocks took turns to soar." Xu Jianqing said with some envy.
After returning home, Xu Jianqing also paid attention to the trends of several of his holdings. If it weren't for the rare opportunity to go home and the far distance.
Xu Jianqing wished he could fly back directly to enjoy the pleasure of the daily limit.
At 9:30, official trading began. A 5,000-lot order led to a rapid rise in the share price of Yinzhijie. The subsequent 34 million yuan of funds pushed the share price of Yinzhijie up to 25.90 yuan, an increase of more than 9%.
At 9:31, Yinzhijie reported 26.13 yuan, up 10.02%, followed by a limit of nearly 30,000 lots.
The stock price hit the daily limit within seconds of opening. The extremely strong Yin Zhijie also allowed Xu Jianqing to experience the joy of daily limit.
However, compared with the performance of Dongfang Wealth and Xibu Securities, this kind of happiness was too short-lived after all.
This is also what Xu Jianqing felt was a flaw, it was just too fast.
"Okay, keep a close eye on the closing orders and tell me if there is any unusual movement." Looking at the continuously increasing closing orders, Gu Junhao shifted his gaze away from Yin Zhijie.
The market's strong consistency in the morning made Gu Junhao feel something was wrong, so his operation plan for today was naturally to reduce his positions.
Turning our attention back to Xibu Securities, Xibu Securities, like Dongfang Fortune, also needs to reduce its holdings today.
As for Dongfang Wealth, Wang Ruoyu executed Gu Junhao's order very well and sold 2,000 lots at the price of 16 yuan, leaving a remaining position of 8,000 lots.
Dongfang Fortune's high opening in the morning was an illusion. After briefly rising to 16.04 yuan, the stock price quickly turned downward.
After half an hour of volatility in the early trading session, Dongfang Wealth's decline gradually widened, and by 10:30, the decline had widened to more than 3%.
Wang Ruoyu looked at the sharp decline in Dongfang Wealth's stock price and broke out in a cold sweat. At the same time, he couldn't help but sigh that the boss's sense of the market was really accurate.
With two promising trends in the early trading session, Gu Junhao was closely watching Xibu Securities, which opened high and then fluctuated higher, looking for an opportunity to reduce his holdings.
At 10 o'clock, the share price of Xibu Securities was 14.92 yuan, up 5.97%; the market movement also followed, very punctually.
The continuous inflow of funds pushed up the stock price step by step. At 10:11, Xibu Securities reported 15.39 yuan, close to the increase.
"It looks like we're going to hit the upper limit. Tingting, pay attention to the changes in the orders at the upper limit price. Try to see if you can sell 5,000 lots at the upper limit price."
At 10:12, a buy order of 17,000 lots pushed Xibu Securities to the upper limit of 15.49 yuan.
"Sell." Gu Junhao said without hesitation . He had originally planned to reduce his holdings, and since he could sell them at the daily limit price during the day, he naturally did not hesitate.
With 17,000 buy orders, plus some buy orders of more than 1,000 lots, it was naturally no problem to digest Gu Junhao's 5,000 lots.
However, just over 10 seconds after Gu Junhao's sell order was executed, Xibu Securities saw its first super-large sell order of the day.
20,972 lots, a sale of more than 30 million yuan, the share price of Xibu Securities dropped sharply by 15.20 yuan. Within one minute, the transaction volume exceeded 100 million yuan.
"Some big speculators or big funds have fled. It looks like the stock price won't be able to reach the daily limit today."
However, compared with yesterday's Dongfang Fortune, Xibu Securities is already quite friendly to the market-beaters.
From the beginning of the call auction, an extremely high premium was given, and the price limit was even reached during the trading session. The profit for the next day was at least 5%.
After its upper limit price fell back, Xibu Securities again reported the upper limit for nearly a minute at 10:44, which was then once again broken by tens of thousands of sell orders.
With the profit-taking orders so resolute, the funds naturally had no intention of closing the board again. By the morning close, the stock price fell back below the 8% increase.
The leader has stalled, and the brokerage sector did not switch leaders during the day, but smoothly entered the adjustment mode. Except for a few brokerages that hit the daily limit yesterday, the rest of the gains have fallen back to around 3%.
The index that benefited from the rise of securities companies also could not escape the pain of falling back. After hitting a new high of 2365.15 points in the morning, the Shanghai Composite Index also slowly fell back at noon.
It’s lunch time. Today, thanks to the return of the activist Xu Jianqing, lunch time seems much more lively than before.
Gu Junhao was also in a good mood. Although Dongfang Wealth closed down 5.39% at noon, he reduced his holdings in the two stocks at high levels.
Therefore, the big drop did not affect Gu Junhao's mood, but made him extremely happy about his accurate judgment.
In the afternoon, the Shanghai and Shenzhen stock markets continued to pull back, and the securities sector experienced a severe correction. However, Xibu Securities still performed strongly, showing its leading style.
Dongfang Wealth maintained a low-level fluctuation trend, with trading volume significantly increased. The two markets shifted from the consensus sentiment in the morning to the current stage of divergence.
At 2:30, both the Shanghai and Shenzhen stock markets turned green, and at this time Xu Jianqing's voice also rang out: "Boss, Yin Zhijie's orders have dropped significantly."
"Sell 3,000 lots quickly." Gu Junhao said without hesitation.
At 14:35, 8,500 sell orders broke through Yin Zhijie's stock price, and the stock price was 26 yuan. Gu Junhao, who was staring at the time-sharing chart, frowned slightly.
Even if both indexes plummeted, Yinzhijie's performance should not have been like this. Under such a strong situation, it couldn't even hit the daily limit.
At 14:42, Yinzhijie fell to the price of 25.10 yuan and began to rebound, but the trading volume was significantly reduced compared to when it was just opened.
The rebounded Yinzhijie was closed again at 14:50, with a total transaction volume of more than 50 million yuan. The trading volume of Yinzhijie also increased to 240 million yuan throughout the day.
When the stock price was rising, Gu Junhao did not let Xu Jianqing take back the 3,000 chips sold on the board. Yin Zhijie had no intention of reducing his holdings today.
However, when the index plunged, Yin Zhijie suddenly withdrew a large number of orders. Regardless of whether the main funds took the opportunity to clean up the market, Gu Junhao felt that it would be better to lock in some profits.
Yin Zhijie's holdings are already heavy, so even if he sells 3,000 lots, it doesn't matter. A holding of 8,000 lots is also very good.
The plunge in the afternoon also led to a decline in the index and individual stocks. The Shanghai Composite Index closed at 2345.10 points, and the K-line showed a false negative trend.
The ChiNext closed at 1508.42 points, down 0.59%, a real true and false line. Today, both markets also saw large trading volumes, with ChiNext trading volume returning to over 40 billion.
The securities sector fell significantly, with Xibu Securities rising 7.60% throughout the day and trading volume surging to 1.66 billion yuan, twice as much as yesterday.
Dongfang Wealth, on the other hand, saw a huge transaction volume of 1.54 billion yuan, a sharp drop of 4.26%, a large negative line with large volume, and a turnover rate of 10.96%, indicating that the short-term trend has come to an end.
The plunge, coupled with the Thursday effect, also caused the investment sentiment in the two cities to turn from sunny in the morning to cloudy at the close. After the closing, there were curses everywhere.
"Sure enough, nothing good will happen if you pull a brokerage firm. What a scumbag brokerage firm!"
"It looks like I bought at the highest price again. How unlucky."
"I don't get any share in the profits, but I definitely get some in the losses."
The sentiment in the OTC market was low, but inside the trading room of Junshi Capital, there was jubilation, with stocks hitting the daily limit for three consecutive trading days.
And including the Xibu Securities that were reduced today, it can be said that the stock price has risen four times within three trading days.
As for the decline of Dongfang Wealth, no one has mentioned it anymore. Let . The more it falls, the better. The more it falls, the better.
Today, the three stocks reduced their holdings by a total of 18.784 million yuan, which also led to Junshi No. 1's current cash flow reaching an astonishing 30.5864 million yuan.
Except for the initial stage of building a position, Junshi No. 1 has never held so much cash flow.
At half past five, Yinzhijie and Xibu Securities both appeared on the Dragon and Tiger list. Xibu Securities appeared on the Dragon and Tiger list with a three-day daily limit of more than 20%.
The top five buyers and sellers on the Dragon and Tiger list are all speculative institutions, with a very large trading volume. The T trading of Junshi No. 1 the day before yesterday and the selling today are not enough to support its inclusion on the list, which is truly amazing.
However, Xibu Securities, whose total transaction volume in three days exceeded 3 billion yuan, had a net buying difference of only 27.0314 million yuan.
Needless to say, at today's high point, the hot money has almost all fled, and as for who will take over, there is no need to say more.
On Yinzhijie's Dragon and Tiger List, Junshi No. 1 ranked fifth with a sales volume of 7.839 million yuan.
The first and third sellers were also institutional seats, which sold 26.13 million yuan and 15.5109 million yuan respectively. Judging from the funds, the first seller should be the main force behind the market crash, with a total of 10,000 lots sold.
The three institutions, including Gu Junhao, were unanimous in selling, and were also unanimous in buying: not a single share was purchased.
The collective exodus of institutions cast a shadow on Yinzhijie's stock price trend.
By Friday, although the indices of the two markets that plunged yesterday afternoon rebounded, the ChiNext Index rebounded the most, reaching as much as 1.19%.
The Shanghai Composite Index only rebounded by 0.11%, and both markets were in a state of shrinking trading volume. The Shanghai Composite Index lost 40 billion in trading volume in one trading day.
High-priced stocks fell collectively, with Xibu Securities falling 1.39% to 14.94 yuan and Yinzhijie falling 2.03% to 25.60 yuan.
Dongfang Fortune fell 1.11% to 15.10 yuan, breaking the five-day line. Among the three stocks that performed strongly this week, its correction was the largest.
Tong Huashun, which Gu Junhao personally holds, ended this week's trading with two consecutive negative trends and a daily turnover that fell below 100 million yuan for the first time in recent months.
The index's rebound on the last trading day of this week failed to regain sentiment for the market, while the decline of high-priced stocks also added uncertainty to the last few trading days of this month.
However, no matter what, this week can be called the week of Junshi No. 1. The sharp rise in the three holdings brought Junshi No. 1 a lot of profits.
As of September 26, Junshi No. 1’s account currently holds a total of 51.327 million yuan in stock assets and 30.5864 million yuan in cash.
The total scale reached 81.9134 million yuan, and the net value was as high as 2.0478, an increase of 13.29% compared with last week.
Junshi Growth Mixed Fund No. 1 successfully doubled its funds within 69 trading days on its 110th day of establishment.
The net value of 2.0478 announced after the closing also shocked the market. Wang Chao was stunned when he looked at the net value curve of Junshi No. 1.