Chapter 255: Double Eleven Discount Promotion
In the trading of A-shares, there are various complicated curses such as Thursday, the statutory decline day, the 419 curse, etc. And after the Double Eleven Shopping Festival became a large-scale, A-shares added this curse.
On every November 11th, a trading day, the Shanghai and Shenzhen stock markets usually fall more than they rise, leading to investors often mocking it as the Double Eleven stock discount promotion.
The Double Eleven in 2014 was much more popular than the years before Gu Junhao's rebirth. Countless netizens were waiting for the arrival of 12 o'clock in the morning in the late night of October 10.
In an era without consumption downgrade, no one could shake the status of Big Mac; online shopping is much more tempting to women than men, and Zhang Yiru is no exception.
In the few days before Double Eleven, Zhang Yiru added some items she needed to the shopping cart from time to time, hoping to get the discount. Gu Junhao also experienced the magic of Double Eleven again.
I have to say that although the Double Eleven of this era still follows the same routine, it is much better than that of later generations. There are not so many different sign-ins, mini-games, or various team-based fancy operations.
"Have you finished shopping? Then go to bed early. You're so sleepy." Gu Junhao looked at Zhang Yiru with sleepy eyes.
Except for singles, most men will experience such a night, whether they are interested in Double Eleven or not. The joy of shopping and hoarding is the state of most people.
"It will take a while. Why don't you go to sleep first, hehe." Zhang Yiru was not as sleepy as Gu Junhao. At this moment, she was more awake than during the day.
After dating for a year, although their financial conditions have improved and their careers have gradually stabilized, Zhang Yiru still lives like a little girl.
Even when shopping, she prefers cute things, especially pink things. Double Eleven is a good time for her to stock up.
"Then I'll go to bed first. You should also go to bed early since you have to go to work tomorrow." Gu Junhao replied. Gu Junhao also often buys things on Double Eleven, but he still doesn't quite understand the behavior of emptying the shopping cart in the middle of the night.
It’s November 11th, so wouldn’t it have the same effect if I bought it during the day?
Nothing happened that night. As expected, Zhang Yiru felt listless when she woke up the next day; fortunately, her work was not as busy as before.
Gu Junhao was not in good condition and was not fit to drive, so he sent Zhang Yiru to the bank before turning around and driving to the financial building.
"Morning, Boss."
"Morning, Mr. Gu."
"Good morning, everyone. What are you talking about?" After Gu Junhao entered the trading room, the four members of the trading team had already arrived . The four of them, including Wu Peng, were chatting animatedly.
Wu Peng is worthy of being someone who has been working in the trading room for nearly ten years. Although there is a clear age gap between him and Xu Jianqing and others, he can still chat well with the three of them.
New members can integrate into the team quickly, which is what Gu Junhao wants to see.
"We were talking about what we bought last night." Xu Jianqing replied.
"You bought it too? What can a single guy like you stock up on? Toilet paper?" Gu Junhao mocked.
“…Boss, you’re going too far! Why can’t I stock up on goods…” Xu Jianqing said speechlessly.
"Hahaha." Liu Tingting and Wang Ruoyu laughed without any scruples. Although the boss seemed to be making fun of them, they didn't mind seeing Xu Jianqing make a fool of himself.
This scene made Wu Peng, who was standing aside, look very strange.
…
At 9:25, the call auction ended. The Shanghai and Shenzhen stock markets, which performed very differently yesterday, continued their performance today. The Shanghai Composite Index opened high, while the ChiNext Index opened slightly lower.
With yesterday's sharp rise, the Shanghai Composite Index, which is now at its highest point since the 2008 stock market crash, and the ChiNext Index, which has suffered heavy losses, everyone is looking forward to how they will perform today.
Coinciding with Double Eleven, whether the curse can continue has also added more topics of conversation for today's transactions.
Since yesterday's closing, various big V experts and analysts have come out on social media to express their views.
Gu Junhao is still paying attention to the performance of the three GEM stocks today. Yesterday's GEM index showed an adjustment trend, and it is crucial to see how the strong stocks will perform during the adjustment.
This will directly affect the extent to which Gu Junhao increases or decreases his positions, even for Junshi No. 1, which already has sufficient profit margins. It does not mean that he will hold on to his positions after making substantial profits.
Tonghuashun and Dongfang Fortune, which plunged yesterday afternoon, both opened higher. Yinzhijie opened at the same price. Yesterday, the traders who hit the limit did not receive any premium in the call auction stage.
Tong Huashun performed very well. Yesterday, institutions entered the market in a large scale, which added a lot of positive effects to the sentiment of Tong Huashun. It opened high at 28.38 yuan in the morning, and jumped up 2.27%.
Institutions rushed into the market in large numbers, and the sentiment in the call auction was high, which also led to a serious reluctance to hold Tonghuashun's chips in the market. Selling orders were very scarce during the call auction, and only 2,014 lots were traded.
The language of the market is also very wonderful, with an opening price of 28.38 yuan and 2014 transaction orders. These days, both institutions and hot money are still so individual.
After the official trading started, the Shanghai Composite Index performed exceptionally strongly. In just a few tens of seconds after the opening, it quickly broke through the 2008 high of 2478 points. The performance of the three major financial sectors remained eye-catching.
Funds continued to flow into the weighty sectors, which directly led to the rapid decline of the ChiNext Index. Its performance was even worse than yesterday, as if it had completely given up resistance.
At 9:39, the Shanghai Composite Index broke through the 2,500 point mark, closing at 2,507.67 points, up 1.37% on the day. On the intraday chart, the gap between the white line and the yellow line is very obvious.
At this time, the ChiNext Index had fallen by 0.97%, and the index was reported at 1500.19 points. One minute later, the ChiNext Index fell below 1500 points, a drop of more than 1%.
During the ten-minute trading session, Gu Junhao focused his attention on the index. Ten minutes later, Gu Junhao said to the four people, "It's quite dangerous today. Everyone, please pay attention."
Stocks with Chinese characters in their names performed poorly in the morning session, with a clear correction trend. The Shanghai Composite Index only broke through 2,500 points with the support of the three major financial sectors. Once funds run out of steam, there is a risk of a decline or even a plunge without a rush.
Wu Peng looked at Gu Junhao with some surprise. Gu Junhao didn't say a word during the whole day of trading yesterday. Unexpectedly, Gu Junhao warned of the risks just after ten minutes of trading today.
You have to know that this is the time when emotions are at their highest. The Shanghai Composite Index has broken through 2,500 points for the first time in nearly six years, and market sentiment has been completely ignited at this moment.
However, Wu Peng, who had experienced the baptism of a long bear market, also felt the abnormality of the market. While the Shanghai Composite Index continued to rise, Zhongguo Communications Construction, as a heavyweight stock, performed very sluggishly.
Looking at the entire market, the sharp rise in the index did not drive a general bullish sentiment in the market. Except for some new stocks with good short-term trends, the majority of them rose by more than 3%.
Among the GEM constituent stocks, the vast majority are in the red, which is clearly inconsistent with the resonant sentiment.
What surprised Wu Peng the most was that after Gu Junhao gave a risk warning, the three people in the trading room, except himself, all stopped trading.
"Outside of work, he gets along well with his subordinates and can joke around with them casually; but at work, he has such great authority that a simple risk warning without any specific content can stop everyone from trading. It's interesting."
After thinking about it, Wu Peng also stopped trading. He wanted to see what kind of judgment Gu Junhao had that could convince everyone so much. In Wu Peng's opinion, even if there were risks, it was not impossible to do it.
No matter what kind of market it is, there are always trading opportunities for him. If he does T, he can sell first and buy later. However, Xu Jianqing and the other two can give up the transaction, which is directly related to their respective performance commissions.
Gu Junhao's nonsense, which was just like the stock comments of big V experts, could cause such reactions from the three people. It was obviously the prestige he had accumulated over time.
After saying some nonsense, Gu Junhao switched his attention to specific stocks. The downward trend in the ChiNext Index's holdings did not affect the holdings of Tong Huashun and other three stocks at this moment.
All three stocks are in a state of rising. Tonghuashun's share price is above 29 yuan, with an increase of more than 5%. Yinzhijie, which opened at a flat price, is also in a state of rapid rise.
Dongfang Wealth's trend was weaker, but the increase was also close to 2%; at 9:50, Tonghuashun reported 30.13 yuan, an increase of 8.58%, and Yinzhijie also rose to around 33 yuan, also reporting an increase of close to 8%.
"It looks like these two stocks can't go down anymore and they have to move independently." Gu Junhao thought secretly. Dongfang Wealth has fallen behind and the index has quickly fallen back to near the flat price.
At 10 o'clock, the Shanghai Composite Index rose and then fell, and the ChiNext Index was at 1491.75 points. Strong stocks such as Tong Huashun also quickly fell back to near the daily moving average price.
Looking at the falling Shanghai Composite Index and the continued downward trend of the ChiNext Index, Gu Junhao said with a smile: "It turns out that pulling up too fast is not a good thing."
It is obviously impossible to digest the trapped shares of the past six years by means of such a rapid rise, especially among the blue chip stocks. Countless investors who are waiting for the release of the trapped shares will choose to sell at this moment.
Old investors prefer stocks with better fundamentals, and new investors who have just entered the stock market will be more interested in small and medium-sized enterprises, but most of them do not know how to buy.
For those who were trapped after the bull market in 2007, they have been trapped for more than six years and the only way to release their emotions is to clear their positions, which naturally leads to pressure at 2500 points.
In the absence of sufficient trading volume support, it is impossible to break through by simply pulling up the price quickly.
In the morning trading that ended with half an hour of volatility, as the Shanghai Composite Index was unable to move upward and the ChiNext continued to fall, a large number of stocks that had surged in the morning began to fall back.
Yin Zhijie, which performed relatively well this morning, also began to fall rapidly after a quick and brief attempt to hit the daily limit price failed. Including Dong Fang Fortune, which has already turned green, only Tong Huashun is still resisting.
At 10:30, the securities sector as a whole fell sharply, with stocks with Chinese characters in their names falling significantly. The recent leading stock Zhongguo Communications Construction Co., Ltd. fell nearly 7%, and Zhongguo First Heavy Industries, which is still in the process of building a position, also fell nearly 5%.
The share price of Zhongguo First Heavy Industries was 4.18 yuan, which had fallen below the previous cost price of Junshi No. 2 of 4.25 yuan. Xu Jianqing, who had stopped trading, came to Gu Junhao and looked at him eagerly.
"You should fill up your position with 100 million yuan in the closing period." Gu Junhao couldn't stand the look in this boy's eyes and said helplessly.
Later, Gu Junhao said: "If there is still adjustment later, as long as it does not break the long-term positive trend on October 28, you can continue to buy and control the cost yourself."
"How much do you want to buy?" Xu Jianqing responded with a giggle after getting the answer.
After thinking for a while, Gu Junhao replied: "Let's hold a total of about 150 million yuan of cost line, and let Brother Peng handle the rest of the funds."
Liu Tingting was not mentioned because Gu Junhao plans to transfer her back to Junshi's No. 1 trading group after the new trader Cao Wenxun joins the company next week. As for Yellow River Securities, it will be left to Cao Wenxun to operate.
"Okay, no problem." After getting the answer, Xu Jianqing happily returned to his workstation.
This scene made Wu Peng dumbfounded. The previous automatic suspension of trading was equivalent to the tacit approval of the instruction not to trade today. As the leader of the trading team, Xu Jianqing's behavior seemed like he wanted to overturn the previous instructions.
Moreover, he did it in such a shameless way. What Wu Peng didn't expect was that Mr. Gu actually agreed to it. It seemed a bit like a joke.
