Chapter 256 Wu Peng's One-Week Experience
As if he had guessed what Wu Peng was thinking, Gu Junhao smiled and said to Wu Peng: "Haha, Brother Peng, don't worry about it. He is a little addicted to trading. You just need to get used to it."
Then he added: "For those of me who don't have clear instructions, you can make your own decisions, Brother Peng, but if I have clear instructions, no matter if you have different opinions, you must execute them unconditionally."
Gu Junhao has his own ideas about when to liquidate positions; even if his intraday judgment is not as good as those of traders with rich operating experience, Gu Junhao is definitely far better than them in terms of the general trend.
The reason for emphasizing this point is to prepare for subsequent operations, so that they will not be too hesitant and miss the opportunity. Gu Junhao will also emphasize this point after Cao Wenxun officially joins the company.
"I understand." Wu Peng nodded without saying much. At the same time, he had a certain understanding of Gu Junhao's ability to analyze the market.
The strong brokerage sector quickly fell back, and heavyweight stocks led by those with Chinese characters in their names plummeted. No matter how you look at it, the market will have a very big adjustment today.
Judging from Gu Junhao's attitude towards Zhongguo No. 1 Heavy Industry, he was able to increase his positions in the closing trading on the day of the big drop, which shows that he is still optimistic about the subsequent trend.
Wu Peng was not so stupid as to think that this was really the decision made by Gu Junhao because he could not bear Xu Jianqing's pleading; at the same time, Wu Peng also wanted to see how low Zhongguo Jiaojian would fall in the closing period, and if necessary, he would increase his position.
At the midday close, the ChiNext Index fell 2.60% to 1475.40 points, and the intraday adjustment was very intense. Although the Shanghai Composite Index rebounded after the decline, it is still in a state of increasing by more than 1%.
However, most of the heavyweight stocks, including those with Chinese characters in their names, suffered severe declines, with the entire Chinese-character concept sector falling by more than 2%. The previously strong brokerage stocks fell significantly, and only insurance companies and banks were struggling to hold on.
Zhongguo Communications Construction reported a drop of 6.16%, Zhongguo First Heavy Industries reported a drop of 3.87%, Yellow River Securities rose and then fell back by more than 3%, Xibu Securities fell from a rise of more than 5% to the red, and Dongfang Wealth fell by 3.78%.
Yinzhijie fell from 33.59 yuan near the upper limit to below the yellow daily moving average. The stock price even turned green at one point during the trading session and closed at 31.49 yuan at the midday close.
Among all the holdings of Junshi Capital's two funds, including Gu Junhao's personal account, the only one that performed relatively normally was Tong Huashun.
Tonghuashun closed at 29 yuan at noon, up 4.50%. During the morning adjustment, Tonghuashun did not fill the gap and still maintained the opening price as the lowest price.
More than 60% of the stocks in the Shanghai and Shenzhen stock markets turned green. While the index (Shanghai Composite Index) rose sharply again, individual stocks retreated sharply. Today on Double Eleven, stocks seem to be suspected of discounts and promotions.
The afternoon trading pushed the Double Eleven discount promotion to the extreme. The securities sector, which had risen and fallen in the morning, led the insurance and banking sectors, which had been struggling to hold on in the early trading, to a rapid sell-off.
The three major financial sectors plummeted, and the index plunged rapidly. Countless stock trading groups and social media were exclaiming about the plunge. Even Xu Jianqing couldn't help but shout.
However, unlike most investors, Xu Jianqing was excited about the plunge. Having followed Gu Junhao for so long, Xu Jianqing had never been disappointed with Gu Junhao's judgment.
I have to reduce my holding costs today no matter what. Of the two fund accounts, only the Zhongguo No. 1 Heavy Industry, which I manage, is in a loss-making state, which is somewhat embarrassing.
At 13:28, the Shanghai Composite Index turned green for the first time that day. Huanghe Securities, which had persisted for the entire morning, also turned green. Similarly, Yin Zhijie did not hold on and turned green again.
The collective sell-off of heavyweight sectors and GEM heavyweight stocks has led to a series of tragic declines in small and medium-sized stocks. Currently, only the Shanghai-Hong Kong Stock Connect targets and some low-priced blue-chip stocks in the entire market are performing relatively well.
The brutal sell-off is still continuing. At 14:15, the Shanghai Composite Index hit a low of 2445.96 points, with an intraday sell-off of more than 60 points. More than 700 stocks in the two markets fell by more than 5%.
The big dive caused by the surge to 2,500 points made investors who rushed into the market at the morning opening wail.
"It was another extreme high-level takeover operation. I remained calm about my own operation."
“I did sell at a high point this morning, but then I rushed back in again. I’ve already lost two points, and I’m in a good mood.”
"33 took over Yin Zhijie, and now he is relatively calm."
This is a message left in the comment section of Yinzhijie stock by an investor using the pseudonym of "Short-term Rich Man"; Yinzhijie, a former hot stock that has been capped twice in the past two weeks, is naturally a popular stock pick for short-term investors.
"Whenever I get hopeful about blue-chip stocks, he always hits me in the face."
At 14:30, the Shanghai Composite Index stopped falling, but did not achieve a V-shaped reversal. The stock index continued to fluctuate between low and green levels, and the same was true for the heavyweight stock sector that fell in the morning.
For Gu Junhao, the only survivor at present is still Tong Huashun. Tong Huashun had a brief rise at 14:11, and the stock price returned to above the moving average price.
By 2:45 p.m., Tonghuashun 's stock price had risen from 29.18 yuan to 30.53 yuan with a wave of funds exceeding 10 million yuan, a 10.02% increase against the market trend during the day!
The subsequent orders of more than 200 million yuan kept Tong Huashun's daily limit price until the closing stage. During one day's trading, Tong Huashun achieved a turnover rate of 11.35% and a transaction volume of 431 million yuan, setting a new high since the ex-rights date.
Yinzhijie closed at 30.30 yuan, down 0.82% on the day, with the amplitude reaching 15.68% at one point. A series of holdings such as Dongfang Wealth all fell by more than 3%.
The Shanghai Composite Index closed at 2469.67 points, down 0.16%, with an intraday fluctuation of up to 2.53%; the ChiNext Index fell 3.52% to close at 1461.51 points.
Across the Shanghai and Shenzhen stock markets, as many as 80% of stocks closed in the red at the end of trading, and countless stocks fell by more than 5%. For Tong Huashun's daily limit today, it is definitely a bright spot in the midst of green.
It is destined that Tong Huashun will become the most handsome guy in the whole venue today. At the close of today, the intraday profit of 4.3 million is also breaking the daily profit record of Gu Junhao's personal account.
Similarly, today is also a memorable Double Eleven for Li Ze. Today, the market value of Tonghuashun held by Li Ze is only 6,220 yuan away from the 800,000 yuan mark.
With the odds nearly halved in the first half of 2014, Li Ze never thought that he would be able to increase his personal market value to 800,000 yuan today. This was something he had never even thought about before.
Including the 100,000 yuan he lost and two purchases, Li Ze has invested nearly 400,000 yuan in the stock market, which has doubled today!
When Tong Huashun hit the daily limit against the market trend, Li Ze did not mock his miserable brothers as he did before, but just said in the group: "Brother T is awesome!"
And when the new Dragon and Tiger List is updated at 5:30 today, those who hold Tonghuashun stocks will be even more looking forward to the future trend.
Today, there are still four institutional seats buying on Tonghuashun's Dragon and Tiger List. Both the first and second buyers are institutional seats. For two consecutive trading days, the net inflow of institutions exceeded 150 million yuan.
This has made Tong Huashun, which has already performed well today, even more popular. The stock trading area is even more lively and the bullish sentiment is extremely intense.
As for the announcement of abnormal stock price fluctuations released by Tonghuashun after the market, no one cared.
On this day, Li Ze, as if in a dream, was already imagining how he would live if he had one million yuan. Although the salary was good, Li Ze had never thought that there would be a day when he would have a million yuan in savings.
"I'll buy a house first, so my parents won't nag me. But I won't buy one in the county this time. I'm going to buy one in Jinyang!"
With good wishes, Li Ze fell asleep peacefully. Unlike most people who couldn't sleep today, he slept particularly soundly that day.
Today, Yin Zhijie also appeared on the Dragon and Tiger list with an amplitude of more than 15%. Except that Shencheng Hongling Middle Road is still being sold, yesterday's buy-one seat also appeared in today's sell-four seat.
It is worth mentioning that today, institutions appeared on both the buying and selling seats of Yinzhijie. The two buying seats bought a total of more than 65 million yuan, which is considered a large deal in Yinzhijie's transactions.
You should know that this transaction volume of more than 65 million yuan has accounted for as much as 22% of today's transaction volume.
…
Apart from bringing endless panic to ordinary retail investors, the big plunge on Double Eleven did not have much impact on big funds. After all, the Shanghai Composite Index is still in a bullish trend above the five-day line.
This can also be seen from the trend on November 12. On November 12, the Shanghai Composite Index rebounded on the five-day line with a reduced volume, and finally rose 1% during the day, and the stock price rose again to 2494.48 points.
However, in terms of trading volume, today's 215.7 billion yuan seems a bit pale in comparison to yesterday's 331.3 billion yuan.
The ChiNext Index temporarily stopped falling and, like the Shanghai Composite Index, ended today's trading with a 0.97% increase. Judging from the trading volume of the Shanghai and Shenzhen stock markets, the funds outflowing from the heavyweights did not flow into the ChiNext on a large scale.
Big funds are enthusiastically supporting blue-chip stocks with high weights, which adds endless variables to when the ChiNext Index will be able to break through the 1571 high point this year ; today, Gu Junhao's three ChiNext constituent stocks also performed well, Tonghuashun continued to rise, and the other two were also in a state of stopping falling.
The index, which was under pressure, rebounded with a small volume on Wednesday and naturally did not perform well on Thursday. The Shanghai and Shenzhen stock markets continued to adjust, with the Shanghai Composite Index down 0.3% and the ChiNext Index falling again by 2.23%.
By the end of trading on Friday, although the ChiNext Index had stopped falling, the two-day plunge still resulted in a sharp drop of 5.35% this week, which was a very tragic performance. The Shanghai Composite Index ended the week with a weekly increase of 2.51%.
After finishing the first week of trading in his second employment career, Wu Peng stretched himself and looked quite relaxed.
This week's work experience was quite relaxing except for the first two days which were a bit stressful. Wu Peng's nervousness was not due to his unfamiliarity with the transaction.
On the first day of work, the boss stayed in the same trading room with him the whole day without saying a word. Although he seemed easy to get along with, Wu Peng certainly didn't dare to think about it in that way.
Before joining the company, in Wu Peng's opinion, as the hottest and youngest fund manager in and outside the industry, Gu Junhao, who became famous at a young age, should have his own arrogance.
Such people are often difficult to get along with; however, after a week, Wu Peng did not feel that way. On the contrary, he found them surprisingly easy to get along with, although he still felt a little unfamiliar with them.
However, for Wu Peng, this is already very good. The new job pays much better than before, he has room to display his talents at work, and his boss seems easy to get along with.
In the terms of stock trading, this has already exceeded expectations, and from a professional perspective, Mr. Gu's judgment on the trend is also very accurate.
Although the market was in a volatile adjustment in the following three trading days this week, judging from the mid-cap stocks that the company's funds had bottomed out, they have gradually stabilized following the sharp drop on Tuesday.
Zhongguo First Heavy Industries and Zhongguo Communications Construction, which he operates, have also seen a small rebound in the past three days. If nothing unexpected happens, after a period of high-level fluctuations, they will continue to rise as the index ends its adjustment.
These were Mr. Gu’s original words, so Wu Peng was looking forward to his next job, as if he had returned to the time when he had just graduated.
"What are you thinking about, Brother Peng? Go home after get off work." Xu Jianqing patted Wu Peng on the shoulder.
"Oh, okay, let's go now. What are your plans for the weekend, Team Leader Xu?" Wu Peng reacted and started chatting with Xu Jianqing smoothly.
"Brother Peng, please call me Xiao Xu. Team Leader Xu sounds creepy." Xu Jianqing was still not used to the title of Team Leader Xu. Wu Peng had been calling him that for the past week, which made him feel extremely uncomfortable.
Then, Xu Jianqing continued, "I usually play games at home on weekends. Besides, it's a bit cold now, so I don't want to go out."
