Chapter 265 Flying Together
The half-hour volatility period ended. Compared with the volatility of the broader market, the ChiNext was obviously stronger today. By ten o'clock, the ChiNext index had opened high and its increase had reached 1.11%, with the stock index closing at 1524.50 points.
It is exactly 10 points away from the high at the beginning of this month. Judging from the stable trend in the morning, it should not be a problem for today's closing to be the high at the beginning of the month.
Compared with Tonghuashun's high opening and shock adjustment, Dongfang Fortune showed a stronger performance today. Without any favorable factors, Dongfang Fortune jumped sharply upward in the morning, opening at 22.63 yuan, up 4.72%.
At 9:30, as soon as the transaction started, Dongfang Wealth was quickly pushed up to the price of 22.90 yuan by two buy orders of 8086 and 2560 respectively, and the stock price rose by nearly 6%.
The Internet finance sector, which has been strong for nearly a year, has shown a rapid growth trend at the end of 2014. Gu Junhao knows that this sector will be relatively strong in the following years.
The market trend of a sector will enter an acceleration period from now on, and in the future, some unscrupulous companies will even take advantage of the popularity of this sector by changing their names.
This extremely outrageous method was recognized by the market at the time. The stock price rose by several daily limits in a row, and a number of Internet companies entered the market one after another, which was enough to show the popularity of this concept.
However, it was also because of this that the Internet companies that entered the market eventually went astray, causing countless companies to go bankrupt, their reputations to plummet rapidly, and eventually they were submerged in the vast stock market and ended up in a bleak way.
In a sense, the development path of Internet companies in later generations is no longer as rapid as before. The successive low-keyness of several giants is not only due to a series of market factors, but also related to Internet finance.
The reputation of the entire industry has been damaged, and even in the trend of mobile Internet, it is bound to be resisted by some people; sometimes, you still can't be too ugly.
“Sure enough, if you don’t know what to buy, just buy Dongfang Wealth and you won’t go wrong.” Gu Junhao couldn’t help but sigh as he watched Dongfang Wealth adjust strongly sideways after breaking through the 23 yuan price level.
Many times, the daily limit of this stock may not be able to surpass that of similar stocks such as Tong Huashun, but with its development, Dongfang Wealth's comprehensive financial business and the attributes of an Internet brokerage have led to its stable profit expectations.
The only hateful thing is that these GEM stocks are too fond of high dividends and stock transfers. Every high dividend and stock transfer will lead to a rapid increase in share capital and a rapid increase in the number of shareholders.
The ever-increasing share capital and dispersed chips also make it increasingly difficult to push up the price; however, everything has two sides, and the rights-filling market after the ex-rights date supported by stable performance is also worth looking forward to.
But this is more for big funds. It is difficult for ordinary investors to tolerate the sideways volatility of ex-rights stocks for several months. But as long as it falls to a certain level, it is not a bad idea to buy at the bottom.
Tonghuashun fell to 36.40 yuan at 10:15, and rebounded quickly after returning to the five-day line. A buy order of 2,690 lots pushed the stock price up to 37 yuan. The trend can be said to be quite standard.
At 10:30, Tonghuashun's stock price began to rise again from the time it fluctuated to an underwater position. The buying volume of over 10 million yuan pushed the stock price to 38.30 yuan, up 2.41%.
Tonghuashun's stock price has begun to stabilize at this point, and then fluctuated around the daily average price. Compared with the fluctuations in the morning, Tonghuashun's fluctuations at this time are significantly smaller.
At the midday close, Tonghuashun closed at 37.91 yuan, with its share price up 1.36%; Dongfang Fortune closed at 22.88 yuan, with its share price up 5.88%. It was a very, very wonderful closing price.
The ChiNext Index continued to rise throughout the morning and closed up 1.52% at noon. During the morning trading, the ChiNext Index was undoubtedly hotter than the Shanghai Composite Index.
As time entered the afternoon trading, the Shanghai Composite Index, which has been very popular recently, was naturally unwilling to be overshadowed by the ChiNext. The gold sector, which had been silent for a long time, took the lead in launching a fierce attack, and Zhongjin Gold instantly hit the daily limit in the afternoon.
Following suit was the coal sector, which had been adjusting continuously for many days and became active again in the afternoon. The Shanghai Composite Index continued to set new highs for the year. At the same time, the ChiNext was not far behind.
At 1:30 p.m., the ChiNext Index rose by nearly 2% to 1536.73 points, breaking through the highest point in November. The ChiNext Index, which had entered an adjustment period on November 2 and had once fallen by 100 points, has finally recovered all its losses this month.
Dongfang Fortune and Tonghuashun performed well in the afternoon and have been in a volatile upward trend. At 13:26, Dongfang Fortune's share price was 23.39 yuan, breaking through the intraday high.
Like Tong Huashun, Dong Fang Wealth also broke through its highest point of the year without anyone noticing, and launched an attack towards the high point of October last year.
By two o'clock in the afternoon, investment sentiment in the Shanghai and Shenzhen stock markets had approached its intraday peak. With the hot sentiment, off-market funds rushed into the market. The Internet finance sector, which had been popular for many consecutive days, was naturally one of the first choices.
At 14:02, Dongfang Wealth made unusual movements, with consecutive large orders of tens of thousands of lots and more than 10 buy orders of varying sizes exceeding a thousand lots, totaling a transaction volume of 138 million yuan. Dongfang Wealth closed at 23.77 yuan, up 10% on the day.
Tonghuashun was not willing to lag behind, with its stock price breaking through the 40 yuan mark at this moment, closing at 40.30 yuan, up 7.75%.
"Hahaha, this is outrageous, it has increased from around 12 yuan to 40 yuan, I couldn't even imagine this before." The continuous surge in Tong Huashun's stock price made Li Ze lose his mind to go to work.
Even though the signal underground was intermittent, he would always find opportunities to take a look at the stock trends and brag about it to everyone in the group.
This is even more so today. The share price of Tong Huashun has exceeded 40 yuan. The market value of the 26,000 shares of Tong Huashun held by Li Ze has officially exceeded 1 million yuan, and Dong Fang Wealth has already hit the daily limit.
Li Ze did not ask for Tong Huashun to hit the daily limit as well. As long as the stock price remained above 40 yuan, he would be able to maintain a market value of 1 million yuan for a day. Even if it fell later, he could still brag about it.
Li Ze did not expect that the market value of 1 million yuan would come so quickly, it has only been a few trading days; now Li Ze can also realize that when the funds reach a certain level and coincide with good times, its expansion will be completely unimaginable.
It was so fast for me to go from 800,000 yuan to 1 million yuan, not to mention Brother T who held more than 10,000 chips. He could make a profit of 5 million yuan with just one daily limit. How long would it take him to dig coal to make 5 million yuan?
"What a great pen! Li Kuang lost only a little over 100,000 yuan half a year ago, and now he has 1 million yuan. Life is such a roller coaster ride."
"Indeed, six months ago, I never thought that I could have a market value of 1 million yuan. At that time, I thought it would be good enough if I could get my money back."
"I regret it so much. If I had kept Tong Huashun, I would have almost 1 million yuan."
"We can't help it. Li Kuang should take the money. We, including Brother Cao, have been losing money so many times that we can't hold on to it."
…
Gu Junhao was analyzing the delivery note of Dongfang Wealth at this time. With so much money flowing in within a short period of time, if it had happened before, Gu Junhao would definitely have concluded that it was hot money behavior.
However, judging from the previous daily limit trends of Tonghuashun and Yinzhijie, it is not surprising that some institutions would have such operating methods. The changes in market trading methods have changed a lot compared with the first half of the year.
It is natural for large, medium and small institutions that previously looked down on GEM stocks to turn around driven by interests, and this is especially true of Dongfang Wealth's performance after it touched the board.
The performance of Dongfang Wealth after touching the board was the same as the previous two stocks, constantly opening the board and fluctuating at a high level until it closed again at the closing stage.
Dongfang Wealth's transaction volume of 1.58 billion yuan throughout the day was also the highest in recent times.
Tonghuashun failed to achieve the daily limit today, and its share price closed at 44.36 yuan, up 7.91%, with an amplitude of up to 11.28% throughout the day.
The ChiNext Index was extremely strong throughout the day, achieving a monthly breakthrough with a bald and barefoot positive line trend. The stock index closed at 1541.92 points, up 2.26% on the day.
The Shanghai Composite Index also performed very strongly in the afternoon, eventually closing at 2567.60 points, up 1.37%, and also ended today's trading with a bald positive line.
Only today have the Shanghai and Shenzhen stock markets truly achieved resonance, with the main board and the ChiNext flying together and both achieving huge growth, which can be described as the autumn water and the sky being the same color.
The main board and the ChiNext have achieved resonance. From a technical and emotional perspective, while funds continue to remain stable, the Shanghai and Shenzhen stock markets are likely to develop a large-scale market trend in the coming period of time.
From this perspective, when the Shanghai Composite Index just started in the third quarter, it was not impossible for foreign institutions to achieve the goal of the Shanghai Composite Index reaching 2,800 points in the coming December market.
As for the ChiNext Index, it seems that today's big positive line is accompanied by volume. In the next few trading days, there is also great hope that it will break through the highest point of 1571.40 points this year.
After the market closed, Dongfang Wealth topped the Dragon and Tiger list. As expected, an institutional seat appeared among the top five buyers, ranking second. Institutional and hot money together bought as much as 225 million yuan throughout the day, accounting for 14.22% of the total transaction volume.
Gu Junhao is extremely looking forward to the remaining three trading days in November; at the same time, Gu Junhao is also extremely looking forward to the first monthly test of Junshi No. 2; in the next three trading days, Gu Junhao still does not plan to participate in specific transactions.
As mentioned before, adjustments in a bull market are often more intense than those in a bear market. This can be seen from the amplitude of the ChiNext Index which exceeded 100 points this month. Who would have thought that the ChiNext Index, which had been continuously correcting and falling by more than 100 points at the beginning of the month, would fully recover within the second half of a month.
In this way, Gu Junhao wanted to see how Junshi No. 2 would perform after he had determined his position-building strategy and without any guidance, and when the market was facing a drastic adjustment.
There is only more than a month left until 2015. For Gu Junhao, 2015 will be his real battlefield. As the beginning of 2014, he has done his best.
