Chapter 272: Personal market value exceeds 100 million!
From the time trading officially started at 9:30 a.m. to the 20 minutes before midday closing, the Shanghai and Shenzhen stock markets were the show of the main board, with the Shanghai Composite Index once hitting 2824.18 points.
The last 20 minutes of trading in the morning was the performance period for the ChiNext. A number of ChiNext heavyweight stocks such as Dongfang Wealth rose rapidly, leading the index to rebound rapidly.
At the midday close, the Shanghai Composite Index closed at 2799.30 points, up 1.29%, with obvious signs of a dive, while the ChiNext Index began to rise rapidly from 1544 points in the morning.
At the midday close, the ChiNext Index closed at 1572.86 points, up 0.48%. Within 20 minutes of trading, the ChiNext Index rose nearly 2%.
Just like the rapid decline in the early trading session, the rise was equally violent. Today's performance of the Shanghai and Shenzhen stock markets can be said to have reached the limit. Unlike the general rise in the past, the differentiation among sectors was also very obvious.
The Shanghai and Hong Kong stock markets completed the switch between sectors at this moment. Under the dazzling upward trend, it was extremely difficult to adjust positions and change stocks. For ordinary investors, it was impossible to catch up with this switch between sectors.
The sector switching is too fast. Apart from protecting their own holdings, the best thing investors can do is to leave and wait for the opportunity, rather than switching frequencies.
In the afternoon, the Shanghai Composite Index accelerated its plunge, with the index's decline once expanding to more than 1%. The rapid plunge also attracted the entry of bargain-hunting funds. The Shanghai Composite Index's trading volume was very large throughout the day, with an amplitude as high as 3.27%.
At three o'clock, trading ended. The Shanghai Composite Index, which had plunged severely in the afternoon, finally closed at 2779.53 points, up 0.58%. The Shenzhen Component Index soared 2.96%, once approaching 10,000 points during the session, and finally closed at 9643.92 points.
The ChiNext Index continued to rise in the afternoon and eventually rose by 2.49%. The index returned to 1,600 points and closed at 1,604.45 points. During the big rebound, Yinzhijie and Dongfang Wealth both closed higher.
The amplitude of Yinzhijie throughout the day exceeded 15%. The after-market Dragon and Tiger List showed that all big investors, including hot money and institutions, were doing T. The institutional seat of Junshi Capital also appeared among the third sellers, selling more than 5.5905 million yuan.
When Yin Zhijie appeared on the Dragon and Tiger List today , the retail investors who were washed out and trapped cursed, saying that these institutions and hot money were inhumane and used the scale of their funds to fool the retail investors.
Wang Ruoyu also did a huge T today, using only 5 million yuan of funds throughout the day and making a profit of 590,000 yuan, which was close to a 12% intraday profit and loss ratio. Xu Jianqing was very envious, because this was originally his job.
The top three buyers of Yinzhijie today were all institutional seats, and the fourth buyer was also an old acquaintance of Gu Junhao: "Shanghai Fushan Road Securities Sales Department."
This group of hot money not only invested heavily in Tong Huashun, but also appeared on Yin Zhijie's Dragon and Tiger List for the first time today. However, compared with Tong Huashun's purchase, Yin Zhijie's purchase was much more modest.
Fushan Road bought a total of 8.9821 million yuan throughout the day. I think it was due to funding constraints, and not all the funds in Tonghuashun were used up. Tonghuashun finally closed down today.
Today, the total transaction volume of the Shanghai and Shenzhen stock markets exceeded 900 billion yuan, breaking the historical high again. The Shanghai Composite Index's daily transaction volume exceeded 530 billion yuan, and the ChiNext Index, which rebounded sharply throughout the day, also had a transaction volume exceeding 60 billion yuan, reaching 65.41 billion yuan.
Compared with the cold winter, the constantly refreshing historical records make this winter's stock market seem particularly hot.
With the hot emotions and the release of good news, the Thursday curse no longer seems to be a concern; Gu Junhao also discovered a strange phenomenon: recently some news favorable to the stock market is released every Thursday.
This has been the case for several consecutive weeks, which is definitely not a coincidence. It shows that the upper echelons' intention to protect the stock market is very obvious, and this week is no exception.
First, the non-manufacturing business activity index (PMI) in November released by the National Bureau of Statistics rebounded by 0.1 percentage point from the previous month. The stable growth of the service industry is becoming increasingly important for the employment situation.
Driven by the central bank's interest rate cut, business activities in the real estate industry increased significantly in November, with the new order index rising above 50% for the first time this year.
Another piece of news is about the registration system. The reform plan for the stock issuance registration system has been submitted to the top management at the end of last month. After discussing and perfecting the details, it is planned to solicit .
As for the peripheral markets, Asia-Pacific stock markets rose across the board yesterday. Overnight, the Dow Jones Industrial Average and the S&P 500 index in the U.S. stock market once again set new historical highs. European stock markets were also mainly on the rise, reaching their highest level since early June.
In such a good atmosphere, this round of off-market fund inflows driven by the interest rate cut effect is still continuing. After the call auction ended, both the Shanghai and Shenzhen stock markets opened higher.
At 9:30, as soon as the transaction started, the Shanghai Composite Index started to rise and fluctuate upward. Within 20 minutes of trading, the Shanghai Composite Index once again hit the 2800 point level, closing at 2803.99 points.
The Shenzhen Component Index, which failed to break through 10,000 points yesterday, will make another attempt to break through 10,000 points today . It is worth mentioning that if the Shenzhen Component Index continues to close in the green today, the index will set a record of ten consecutive positive trends.
There was no sign of adjustment in the Shanghai and Shenzhen stock markets. The Internet finance sector performed well in the morning. Dongfang Wealth and Tonghuashun, which both opened low, rose rapidly, making a lot of contributions to the rise of the ChiNext.
At 10:08, Dongfang Wealth, whose share price had risen by nearly 3%, experienced frequent changes, with buy orders continuously pouring in. By 10:14, the share price was 28.60 yuan, up 5.57%.
Tonghuashun followed closely behind and rose. Yinzhijie, which was played around by institutions and hot money yesterday, also rose sharply today. As for the brokerage sector, which has been unusually strong recently, it also performed very steadily in the morning.
The securities sector still saw net inflows of funds in the early trading today, pushing the stock index upward.
At 10:20, Dongfang Fortune's stock price increased again and went straight to 29 yuan. Within seven minutes, more than 100 million yuan flowed into Dongfang Fortune's stock price, which was 29.79 yuan, hitting the upper limit.
After seven minutes of slight fluctuations, buy orders totaling more than 98 million appeared, and Dongfang Fortune's share price closed at 29.80 yuan, up 10%. The subsequent large orders also completely blocked Dongfang Fortune's daily limit.
Dongfang Wealth's rapid daily limit undoubtedly boosted other stocks in the Internet finance sector. Tonghuashun was the first to respond, and the stock price trend on the intraday online chart soared straight up.
After some fluctuations, Tonghuashun also successfully hit the daily limit at 11:07, and the stock price closed at 65.20 yuan. There were a lot of orders on the daily limit board of these two leading stocks, and the willingness of funds to go long was very strong.
By the morning closing, Dongfang Fortune and Tonghuashun were both firmly above the daily limit, and the Shanghai Composite Index also stood firmly above 2,800 points after breaking through yesterday's high.
At noon, the Shanghai Composite Index closed at 2824.43 points, up 1.63%; the Shenzhen Component Index closed at 9822.71 points, up 1.85%; and the ChiNext Index closed at 1621.60 points, also up more than 1%, reaching 10.7%.
After the midday market closed, Xu Jianqing cheered and said to Gu Junhao : "Congratulations, Boss, the market value has exceeded 100 million!"
Tonghuashun's midday closing price of 65.20 yuan today finally made the market value of Gu Junhao's holdings exceed 100 million yuan, reaching 101 million yuan. Gu Junhao began to build a position since Tonghuashun was ex-rights in May this year.
With an initial capital of 16 million yuan and after various adjustments on his own, in nearly seven months, the market value reached an astonishing 100 million yuan, an increase that no one had expected.
Interestingly, at the moment when Tonghuashun hit the daily limit, Gu Junhao left messages in Taoguba and on his personal Weibo, and many fans congratulated Brother T on his market value exceeding 100 million.
For a while, under Gu Junhao's post explaining his engagement information, the number of comments reached a peak again after nearly six days, which was something Gu Junhao had not expected.
Li Xinyu, who maintained Gu Junhao's public account, was shocked at first. She didn't understand why a post that had been published for several days had so many comments.
Of course, Gu Junhao didn’t know all this at the moment. At this moment, he was answering Xu Jianqing’s question about whether they would continue diving in the afternoon like they did yesterday.
"I think the probability of further plunge today is low. The securities sector has not made much progress this morning, unlike yesterday, when it started to make progress early in the morning."
