Chapter 230: Unexpected Gains
By the time the task was assigned, formal trading had already begun for some time, and within the first half hour of the morning, both markets were still performing relatively weakly.
The pharmaceutical sector, which rose sharply yesterday morning and then plunged sharply, continued to perform poorly overall, with a clear correction trend, while the securities sector, which fell sharply yesterday, rebounded today.
Xibu Securities opened low in the morning, and after a brief shock, the stock price experienced a brief rise at 9:40. Within five minutes of the rise, the stock price reached a high of 14.75 yuan, up 1.79%.
However, judging from the trading volume, it is no longer as strong as before. In a five-minute round of pull-up, the largest single transaction was only 1,134 lots. This is really not worth mentioning for Xibu Securities, which used to have tens of thousands of lots.
Yinzhijie, which opened sharply lower in the morning, still maintained a weak and volatile pattern. The overall stock price did not change much, and the trading volume was as sluggish as ever.
After observing the trend of Yinzhijie in the morning for 20 minutes, Gu Junhao said to Xu Jianqing: "Although Yinzhijie's overall performance has not changed much, it is still weak today. You should keep an eye on it. There may be an opportunity to buy at the bottom."
Yinzhijie opened low in the morning and slightly fell below the intraday moving average, and during the 20-minute trading time, the stock price remained below the moving average.
As the index is adjusted day by day, volatility is bound to gradually increase. Under the influence of the index, it is possible for Yin Zhijie to fluctuate rapidly upward or downward.
For Gu Junhao, whether the market stabilizes upwards again or adjusts downwards, there are opportunities to buy at the bottom. It's just that under the current sideways state, it is not suitable to take action.
After explaining things to Xu Jianqing, Gu Junhao once again turned his attention to Dongfang Wealth. As time went on, the ChiNext Index, which had turned slightly positive in the early trading, also showed signs of turning around again.
This trend is even more obvious in Dongfang Wealth. The price of Dongfang Wealth rose slightly to 15.17 yuan in the morning, and the increase once exceeded 1%. However, at 9:53, the stock price turned around and fell sharply.
In recent times, Dongfang Wealth has undoubtedly been the weather vane of the ChiNext. Any changes in Dongfang Wealth will be immediately reflected in the stock index.
At 10 o'clock in the morning, the plunge came as expected, just like yesterday morning; hot sectors all pulled back, Junshi No. 1's holdings all fell rapidly, and Yinzhijie's losses expanded rapidly.
By 10:15, the index plunged sharply, with Yinzhijie closing at 23 yuan, a drop of 4.45%.
"Hey, is there a chance today?" The recent trend of Yinzhijie has not deviated too far from the daily average price, but the decline has expanded to more than 4%. Under this circumstance, if it falls rapidly, it will also be an opportunity to buy at the bottom.
At 10:24, the stock price of Yinzhijie fell below 23 yuan to 22.23 yuan in a straight line. The real-time decline widened to 7.64%. The intraday transaction showed that 1.387 million yuan was traded at this price.
"It's time to buy some, let's get started." The price has quickly fallen below my psychological expectation of buying the bottom, and the intraday decline is nearly 8%. There is nothing to hesitate at this time, just add to the position.
Dongfang Fortune also fell during the corresponding period, with the stock price at 14.70 yuan. Gu Junhao then said to Wang Ruoyu, "Keep the price at 14.60 yuan. Buy as much as you can at this price."
14.60 yuan is the average transaction price of 3,000 bottom-fishing in the last round. Judging from the current trend, this price still has some resistance. Gu Junhao cannot be sure how long this round of adjustment of Dongfang Wealth will take.
However, the previous bottom-fishing at this price was still able to maintain profitability amid the continuous decline in the Shanghai and Shenzhen stock markets, which is enough to show its supporting strength.
The price of 14.60 yuan on Monday was a sharp drop, but today it seems to be a process of bottom consolidation.
Both markets are still in a downward trend. At 10:34, the ChiNext Index fell 1.37%. After fluctuating downward for five minutes, the ChiNext Index fell sharply again.
At 10:53, the ChiNext Index closed at 1488.47 points, with the decline widening to more than 2.5%. From around 1527 points in the morning, the index broke through the integer levels from 1520 to 1490 points during the day without any stagnation.
The Shanghai Composite Index also fell from around 2350 points to 2312 points. The morning declines in both the Shanghai and Shenzhen stock markets were close to 40 points; the 40-point drop caused heavy losses to both markets.
"There's a lot of panic on the market, but the trading volume hasn't increased. The price should have fallen to the bottom." Gu Junhao smiled as he looked at the rapidly falling index.
Both markets did not see a large-scale decline, so bottom-fishing is still possible. This time, Dongfang Wealth still bottomed out before the ChiNext Index, and its share price stopped falling at the lowest price of 14.51 yuan.
The decline was the same as on Monday, remaining around 3%, and its performance was still stronger than most stocks. The trend was also similar to that on Monday, with a rapid rebound after a sharp drop, with a transaction volume of less than 4 million yuan around 13.51 yuan.
"Okay, keep buying. Buy at a low price around 14.60 yuan. It would be best if you can buy enough. If you can't buy enough, buy next week."
Currently, there is still a cash balance of 27 million yuan in Junshi No. 1 Account. In addition to the purchase amount of 5,000 lots of Xibu Securities and 3,000 lots of Yinzhijie reserved, Gu Junhao plans to increase all his holdings in Dongfang Wealth.
However, judging from today's trading volume and rebound range, it is not easy to continue to buy low at the price of 13.60 yuan. Dongfang Wealth is currently trading at 13.77 yuan.
But it doesn’t matter. The consolidation of the bottom does not mean that the stock price will rebound immediately. In addition, the index factor must be considered. The two major markets have obviously not yet completed the adjustment. If nothing unexpected happens, the performance during the conference will still be so sluggish.
As mentioned before, if the immediate and quick sell-off method is ineffective, the downward trend will continue to rise. This still applies to the index.
"Boss, can I buy at the bottom and do some short-term trading? Yesterday, a stock I liked had a daily limit with large volume. Now it has fallen by almost 4 points and is near the 5-day line." Xu Jianqing suddenly said.
He has nothing to do recently. In addition to paying attention to when Lanshi Heavy Equipment will be delisted, he also pays attention to the strong stocks in the market from time to time. After all, with the current trend of Yinzhijie, Xu Jianqing still has .
"Well, it's up to you. Just pay attention to the rhythm." Gu Junhao didn't ask which stock it was. As for Xu Jianqing's short-term operations, except for the only time when he pointed out secondary new stocks, he had always allowed him to do whatever he wanted.
"Okay, thank you, boss. But don't worry, I will still focus my main energy on Yin Zhijie." Xu Jianqing said happily after getting Gu Junhao's permission.
At the same time, his hands were not idle. The purchase amount was still 2 million yuan. Xu Jianqing quickly placed an order and bought 3,600 lots of Zhongguo CSR at the price of 5.60 yuan in real time...
At this moment, Gu Junhao was concentrating on the trends of the Shanghai and Shenzhen Stock Exchange Indices as well as the ChiNext Index. He did not pay attention to which stock Xu Jianqing bought. Gu Junhao did not take the short-term funds of 2 million yuan seriously.
After buying the shares, Xu Jianqing immediately kept an eye on the trend of Zhongguo CNR. Yesterday, after two months of sideways trading, CNR made a breakthrough with a trading volume of 2.5 billion yuan and a turnover rate of more than 4%.
For a stock with a Chinese character in its name, this may be a beginning or an end; Gu Junhao had previously said at a meeting on Monday that the Shanghai Stock Exchange may be stronger than the ChiNext this month.
Judging from the recent adjustments, the Shanghai Composite Index is obviously more resistant to declines, which well confirms Gu Junhao's judgment. Under such circumstances, it is not surprising that Xu Jianqing paid attention to CSR, which broke through the daily limit yesterday.
At 11 o'clock, CSR rebounded to the price of 5.65 yuan and there was an abnormal movement; trading volumes of over 10,000 lots continued to appear on the trading page, and a trading volume of nearly 200 million yuan emerged in a short period of time.
Driven by the buying volume, CSR's price rose rapidly. At 11:06, CSR's share price turned positive and reported 5.86 yuan, up 0.69%. Xu Jianqing's profit from the purchase was close to 5% in a short period of time.
"That's great! Stocks with large trading volumes are more fun. It's a pity that the boss only lets me play short-term with a capital of 2 million at most." Xu Jianqing said with regret as he stared at the intraday chart.
The sharp drop in the Shanghai and Shenzhen stock markets stopped at 11 o'clock, and the index began to rebound slowly. By the midday close, the ChiNext Index returned to above 1500 points, closing at 1501.58 points, down 164%.
The afternoon trend continued the rebound in the last half hour of the morning. The index rose slowly step by step. At the closing stage, the Shanghai Composite Index closed at 2341.18 points, down 0.65% on the day, and ended this week's trading with a weekly decline of 1.40%.
In terms of trading volume, it expanded to 900.6 billion yuan this week, with an average daily trading volume of 180 billion yuan, responding to the market's large-scale decline.
The ChiNext Index closed at 1511.05 points, down 2.78% for the week. Since October, the money-making effect has obviously declined , and only the two trading days after the holidays have performed well so far.
The adjustment finally came.
It’s time for weekly review again. This week, the performance of Junshi No. 1’s four holdings was not very good, and they did not follow the market trend as before.
Dongfang Fortune fell 1.93% this week to close at 14.75 yuan, Yinzhijie fell 7.97% this week to 22.41 yuan, and Wan'an Technology fell 1.02% this week to 13.56 yuan.
Xibu Securities became the only stock that rose among the four holdings this week. The brokerage firm's rebound on Friday allowed Xibu Securities to end the week with a 0.34% increase and a share price of 13.68 yuan.
"Did you buy a Zhongguonan car?" Gu Junhao narrowed his eyes and looked at Xu Jianqing.
If the net value of the fund had not needed to be announced today, Gu Junhao might not have paid attention to which short-term target Xu Jianqing had bought until now; however, what Gu Junhao did not expect was that Xu Jianqing would actually look at a Chinese-headed stock like CNR for short-term investment.
"Yes, there was a big increase in volume yesterday, and it fell to 4% this morning, above the five-day line. I think the volume is still good, so I'm ready to take advantage of the rebound." Xu Jianqing touched his chin and said.
Judging from his expression, he is quite satisfied with today's operation. CSR closed at 5.77 yuan, down 0.86%, and the transaction volume reached 2.4 billion yuan.
At the closing stage, Xu Jianqing's purchase still had a profit of 3.03%, which is currently a good short-term bottom-fishing operation.
Looking at Zhongguo CSR's holdings of 3,600 lots, Gu Junhao felt a little emotional. CSR's stock price hit the daily limit yesterday , and it was impossible for Gu Junhao not to have noticed it.
At this time, his name is still CSR, but by 2015, he will have a name that resounds throughout the A-share market and ends the bull market in the A-share market, a name that thousands of people love and hate.
"Forget it, just buy it, don't sell it, just keep it in the position." Gu Junhao said with some emotion, this was really an unexpected gain.
