Chapter 247: Single transaction daily profit exceeds 10 million
Wang Ruoyu was speechless at the boss's teasing and said, "It's a bit frightening to watch."
It was not until today that Wang Ruoyu truly realized that in the stock market, money is really just a string of numbers, and the larger the capital, the more so.
Gu Junhao said calmly: "This is not bad, there is still a profit of 2 cents per share."
In the hour before the midday closing, Gu Junhao bought a total of 188,000 shares of Zhongguo Communications Construction, spending a total of 113.188 million yuan; a fluctuation of just two cents cost him a total of 376,000 yuan.
At lunch, Gu Junhao, who had already completed his position building, was in a good mood and asked Xu Jianqing and Liu Tingting, "How are your two positions going?"
"One more thing, it should be about time for shopping in the afternoon." Liu Tingting replied. Xu Jianqing said he would go slower, but would try his best.
"Not really. If you can't buy all today, you can buy tomorrow. The volatility is not big in the past two days, so you can buy slowly."
For low-priced, high-volume stocks, as long as they are stable, the cost can be controlled well if you buy them during the sideways trading in an upward trend of the stock price, or at the end of the trading day until the next day after a big drop.
Although Gu Junhao's purchase volume in the morning was very large, the volume and price of each transaction were very well controlled, which was also the reason for a slight floating profit at the closing.
Gu Junhao has certain operating experience when it comes to low-priced stocks, and low-priced stocks are also the best way for big funds to reap the benefits of retail investors.
Ordinary retail investors seldom pay attention to the specific share capital of a stock. When they have little investment, high-priced stocks such as Moutai will discourage them.
This is not the case with low-priced stocks. With a share price of two or three yuan, or even three or four yuan, there is no pressure to buy 100 or 1,000 shares. They will rush in without hesitation when the price is rising.
Even if they have to cut their losses, they don't feel any pain, so most low-priced stocks are also gathering places for retail investors, which is a good place for big funds to harvest.
When the stock price is trading sideways at a low level, you can quietly collect chips and easily make good profits by catching a trend and pushing it up. At this time, retail investors will naturally be willing to take over when they see that the stock price is so low.
In Gu Junhao's opinion, the most famous among them is undoubtedly Jingdongfang A. Looking through the historical record of Jingdongfang A's share reduction, retail investors have really been cut off clearly.
It will go sideways for one or two years, and then buy in large quantities when the price is low, or even issue additional shares; and due to industry reasons, Jingdongfang A can easily appear on the cusp of the trend. If it catches up with the trend, the stock price can easily rise by 50% or even double.
Coupled with the publicity from various media, retail investors flocked in and this is when the share reduction began.
Even though the cuts are so clear, new comers still come in an endless stream, so as long as the routine is useful, it doesn’t matter how fancy it is.
However, for the person who took over, it can be regarded as a contribution to technology.
Of course, this is just a kind of self-mockery and self-ridicule. No one wants to lose money.
In the afternoon, after trading began, the rebound in the Shanghai and Shenzhen stock markets continued.
Although the market clearly needs a break after the Shanghai Composite Index rose for six consecutive days, the buying power of bargain hunting is still very strong when it falls.
This is also a manifestation of emotions. Once emotions are up, it is difficult to calm down within a certain period of time. The same is true for Gu Junhao's courage to buy the bottom of Zhongguo Jiaojian.
After entering the afternoon, the share price of Zhongguo Jiaojian never fell below the integer price of 6 yuan. At 13:42, the share price returned to above the daily average yellow line price, closing at 6.13 yuan, and the decline narrowed to 0.81%.
At 13:49, the share price of Zhongguo Jiaojian returned to the red, closing at 6.19 yuan. After turning red, Zhongguo Jiaojian received a huge amount of buy orders.
There are constant reminders of unusual movements and continuous large buy orders.
Buy orders of 10,000 and 20,000 or more lots of Zhongguo Jiaojian continued to appear. At 13:56, the stock price was 6.36 yuan, up 2.91% on the day.
"Ha, is this going to continue to rise?" The unusual movement in the trading quotation attracted Gu Junhao. He didn't expect to catch it on the first trading day of building a position.
The huge buy orders exceeding 300 million in a short period of time pushed up Zhongguo Jiaojian’s share price to 6.71 yuan at 2 p.m., an increase of 8.58%.
At the same time, the Shanghai Composite Index, which had been fluctuating downward for the day, turned positive smoothly under the leadership of stocks with Chinese characters in their names.
As Zhongguo Jiaojian's unusual movement led to a sharp rise, a series of central enterprises with Chinese characters in their names and concepts of state-owned asset reform and the One Belt, One Road series of stocks all rose to varying degrees.
The Zhongguo First Heavy Industries, in which Xu Jianqing was building a position, also rose by nearly 5% at one point, which made him suddenly at a loss. Seeing this, Gu Junhao also asked him to stop the transaction.
At 14:05, Zhongguo Jiaojian, which was the first to move, fell briefly, but was pulled up to 6.80 yuan by a buy order of 150 million yuan, hitting the daily limit.
However, Zhongguo Yizhong fell back after reaching a high point, and it was clear who was strong and who was weak from this point.
After hitting the board, Zhongguo Jiaojian briefly fell back to 9% and adjusted for five minutes.
Five minutes later, at 14:12, Zhongguo Jiaojian's stock price was closed again. The number of closed orders on the board increased step by step. Three minutes later, the closed orders reached 3 billion yuan.
"It's so strong, I didn't expect it." Looking at Zhongguo Jiaojian's strong closing in the afternoon, Gu Junhao couldn't help but sigh.
After 2015, although blue-chip heavyweight stocks continued to perform well, most of these mid-cap stocks were abandoned and it was rare to see such a strong rise.
However, with the reform of the registration system, Gu Junhao also believes that after its formal implementation, as new stock issuance becomes increasingly easier, the profits from new stock issuance will continue to decline.
At that time, some low-valuation Chinese-capital companies or may perform well.
As Gu Junhao expected, Zhongguo Jiaojian's share price remained capped until the afternoon closing. With an amplitude of 13.59% throughout the day, Zhongguo Jiaojian's trading volume also reached a new high of 2.44 billion yuan.
The turnover rate is as high as 28.23%, which is very rare for a stock with a Chinese character in its name.
However, during the recent upward trend, the turnover rate of Zhongguo Jiaojian has remained high.
"Boss, we are going to be on the Dragon and Tiger list again today." Xu Jianqing said with a smile after the market closed. It was no surprise that Zhongguo Jiaojian's series of data today appeared on the new Dragon and Tiger list.
Gu Junhao was very satisfied when he looked at the 188,000 shares of Zhongguo Jiaojian in his hand, the daily profit of 12.96%, and the floating profit of up to 14.66 million yuan.
The daily floating profit of a single stock is close to 15 million yuan, which is the first time since the establishment of the company. If there is no major accident this Friday, Junshi No. 2 should have no problem getting off to a good start.
Today, the Shanghai and Shenzhen stock markets both rebounded and closed in the green in the afternoon due to enthusiastic buying by bargain-hunting funds. The ChiNext Index ended today's trading with a bald positive trend of 1.32%.
On the first Thursday of November, the Black Thursday curse failed to overcome market sentiment. The latest holdings of Junshi No. 2 performed quite well. Zhongguo First Heavy Industries closed up 1.89%. Yellow River Securities also rebounded in the afternoon and eventually surged 5.71% to close at 7.40 yuan.
It is worth mentioning that by taking advantage of the high trading volume in these two trading days, Liu Tingting successfully completed the task of building a position at Yellow River Securities in one and a half days, which was countless times more efficient than at Xibu Securities.
Huanghe Securities closed at 1.54 billion yuan yesterday, up 1.89%. Today's trading volume has increased to 2.26 billion yuan. Over the past two trading days , Liu Tingting bought 145,000 lots at an average price of 6.95 yuan.
Xu Jianqing's speed is slower. In the past two trading days, he bought 150,000 lots of Zhongguo No. 1 Heavy Industry at an average price of 4.25 yuan, spending 63.75 million yuan.
However, including Gu Junhao's own purchases today, Junshi No. 2 has established positions in four stocks, and the building funds have exceeded 300 million yuan, which can be regarded as the realization of Gu Junhao's goal of entering the market quickly.
The position has exceeded 60%, so Gu Junhao is not in a hurry for the remaining position, so he instructs Xu Jianqing to buy slowly. Liu Tingting uses the existing funds in her hands to look for T opportunities in Yellow River Securities, striving to raise the position safety line to the highest level.
As for Zhongguo Communications Construction, its trend is so strong that it has a tendency to become a leader. And today's profit of nearly 13% is enough to support the adjustment for several trading days.
Once the new trader is in place, the responsibility will be handed over to him.
Nowadays, Gu Junhao will try to reduce his trading as much as possible and strive to be a qualified fund manager rather than a trader.
Dongfang Wealth performed well today. The stock price followed a T-shaped trend like the index, rising 0.69% and closing at 17.52 yuan.
In general, benefiting from the overall market and weighted sectors, Junshi No. 2 performed well at the beginning of its position building.
At 5:30 in the evening, the latest Dragon and Tiger list was updated, and Zhongguo Jiaojian was unsurprisingly on the list.
"Oh, we've bought another seat." Xu Jianqing exclaimed in surprise, and the other two also seemed quite excited.
Gu Junhao also looked at the Dragon and Tiger list with a smile. Compared with the last time's buy-one seat at Xibu Securities, the buy-one seat this time was much more genuine.
Last time, Xibu Securities ranked first in buying with a trading volume of only more than 7 million yuan, but this time it bought 113 million yuan, accounting for 4.65% of the trading volume.
However, Gu Junhao is more concerned about the selling positions. Today, Zhongguo Jiaojian's selling volume increased by nearly 100 million yuan compared with yesterday's Dragon and Tiger List.
The Xiangcheng Wuyi East Road Securities Branch of Founder Securities was the dominant seller, with a sales volume of over 300 million yuan, accounting for 12.6% of the transaction volume and ranking first in sales.
The sales volumes of the second and third sellers were also over 150 million yuan and 120 million yuan respectively.
“Several big investors have run away, but it doesn’t matter as long as it’s not an institutional crash.” Gu Junhao thought secretly.
Compared with the uneven distribution of selling funds on the selling seats, the buying seats were much better. Gu Junhao's institutional seat bought 113 million yuan in the first buying seat, and 103 million yuan in the second buying seat.
Buy three to buy five are 63.6 million yuan, 60.67 million yuan and 50.6 million yuan respectively.
Without a dominant buyer, there is no need to worry about a quick dump; what's more, as the first buyer, Gu Junhao has no intention of becoming a one-day speculator.
This is equivalent to using 100 million chips to smash the market, and the impact on the stock price trend will be smaller.
"Okay, let's leave it at that for today." After looking at the Dragon and Tiger list, Gu Junhao left a word and left the trading room on his own.
