Chapter 281 Performance that attracted attention
At 9:36, Yinzhijie's share price was 42.45 yuan, marking the end of a wave of more than 5% rise. Retail investors who had not yet seen the situation clearly rushed out frantically . By 9:42, Yinzhijie's share price fell again to 40.60 yuan, down 8.04%.
"Continue to buy 1,000 lots and set the price at 41 yuan." Gu Junhao's voice sounded in Wang Ruoyu's ears again, and Wang Ruoyu placed an order mechanically.
In Gu Junhao's opinion, the selling during this period today was undoubtedly at the bottom. The ChiNext Index opened low in the morning and then rebounded quickly. In one minute of pulling up, the index had risen by 0.64%.
During this ten-minute adjustment period, the ChiNext Index did not break 1,500 points. Although individual stocks in major hot sectors had the same adjustments, the outflow of funds was not large.
The ChiNext Index did not break the opening point in the morning session, which was a benign adjustment and the adjustment time in the two markets was very short. At 9:43, the securities sector moved abnormally and Xibu Securities soared straight ahead.
Small and medium-sized start-up stocks in the same period also responded. As for the rebound, small and medium-sized start-up stocks with smaller market capitalization have more advantages. The rebound led by Gu Junhao in the early trading of Yinzhijie is also continuing.
At 9:46, Xibu Securities, which had an inflow of more than 200 million yuan in a short period of time, closed at 33.90 yuan, with its share price rising by 9.99%. During the same period, the performance of Huanghe Securities was unusually poor, with its share price rising by only 1.48% to 14.42 yuan.
Stocks of brokerage firms that require a large amount of capital and have excessively large share capital, led by Yellow River Securities, did not choose to follow at this moment and continued to rebound. The daily limit of Xibu Securities was more like a self-rescue behavior of hot money and institutions.
By pushing up stocks in sectors with smaller capital and lighter pressure points, we prepare for large funds to ship out. Since it is a rebound, it is natural to reduce positions.
Gu Junhao then said to Liu Tingting, "Sell 7,000 lots of Xibu Securities." Then, Gu Junhao said to Cao Wenxun , "Brother Cao of Huanghe Securities should also find an opportunity to reduce the position you added yesterday. Let's keep the chips at 120,000 lots."
After Gu Junhao arrived at the trading room this morning, he also learned about the holdings of several stocks. Yesterday, through T trading and the use of account funds, all major weighted sectors increased their holdings.
As of this morning's opening, the holdings of the two major fund accounts except Zhongguo CSR were Junshi No. 1: Xibu Securities held 17,000 lots, Dongfang Wealth held 24,000 lots, and Yinzhijie held 6,000 lots.
The holdings of Junshi No. 2 Fund Account are: Dongfang Wealth holds 35,000 lots, Yellow River Securities holds 170,000 lots, Zhongguo First Heavy Industries holds 440,000 lots, and Zhongguo Communications Construction holds 210,000 lots.
Up to now, except for Yinzhijie who increased his holdings, Gu Junhao of the other two major brokerages has decided to reduce his holdings. For brokerages that have experienced a round of sharp rise, there is no need to continue holding full positions without a period of proper adjustments.
Among the two stocks with Chinese characters in their names, Zhongguo Jiaojian was indeed the one that was mistakenly sold yesterday. Today, Zhongguo Jiaojian opened sharply higher at 8.56 yuan, which is only 0.03 yuan away from yesterday's daily limit. It rose rapidly after the opening. At this time, the stock price has risen by more than 9%, and the intraday limit posture is obvious.
The performance of another stock with Chinese characters in its name, Zhongguo No. 1 Heavy Industries, was less impressive. After opening low in the morning, the share price of Zhongguo No. 1 Heavy Industries remained fluctuating around the flat price, with a more obvious decline in trading volume in the morning.
The trend of Zhongguo First Heavy Industries followed the Shanghai Composite Index and was in a rebound trend along the 10-day line in the morning session, unlike Zhongguo Communications Construction which had an independent trend.
"Has there been any good news for companies with Chinese characters in their names recently? They have performed very strongly this week, especially China Communications Construction." Gu Junhao was also a little confused about the unusually strong performance of China Communications Construction.
Calculating the time, CNR and CSR have been suspended for more than half a month. During this half a month, CNR and CSR issued an announcement every week to announce the progress of the suspension and restructuring, but did not specify when they would resume trading.
Perhaps, the recent unusual movements in the names prefixed with "Zhong" are somehow related to CSR and CSR. After all, in 20 days, it will be 2015.
At 10 o'clock, the Shanghai and Shenzhen stock markets ended their volatile period. The ChiNext Index closed at 1523.56 points, up 1.26%. The Shanghai Composite Index rose 0.67%. The stock index closed at 2875.38 points. Non-bank financial institutions, led by securities companies, fluctuated violently.
Today, the ChiNext Index performed unusually strongly. After the volatility ended, theme stocks blossomed across the board. Every time there was a rebound, the advantage of small and medium-sized start-up stocks in rebounding first was very obvious.
As of 10 a.m., Yinzhijie's share price was 42.87 yuan, a new high since the intraday rebound. After 2 minutes of fluctuation, Yinzhijie's share price rose rapidly, and the share price turned positive at 10:08, closing at 44.50 yuan, up 0.79%.
In terms of sector concepts, the free trade zone sector, which had strong resistance yesterday and a relatively small decline, took the lead in launching an upward attack. The small and medium-sized start-up sector was unusually active, and the general rise in small and medium-sized start-ups made everyone temporarily forget the pain of yesterday's sharp drop.
But for some people who frequently change stocks, it seems extremely disappointing.
"Damn it, I sold small and medium-sized stocks yesterday and chased the main board, and today small and medium-sized stocks rose sharply."
"Who has my short position? I held on until yesterday. I was scared out of the market when the market opened lower this morning. Is it too late to buy now?"
"Why keep chasing? Are you going to get beaten up again and again? Stock trading is not suitable for me. My buying is the signal that the market has peaked, and my selling is the signal that the market has bottomed out."
"Brother, please let me know next time you sell at a loss, and also let me know when you buy. Thank you!"
At midday close, the Shanghai Composite Index rose 0.39%. The SME Board Index and the ChiNext Index achieved a sharp rise led by the flourishing of theme stocks. The ChiNext Index closed at 1566.45 points at midday, up 4.11%.
After the sharp rise, there was a rapid rebound and a general rise in the market. Market hotspots blossomed in multiple places, and stocks that hit the daily limit continued to appear. It seemed that A-shares had returned to the bull market. Benefiting from the surge in small and medium-sized enterprises, ordinary investors were in high spirits, and it seemed that everything was fine again.
Junshi Group's holdings also rebounded across the board today, performing very well. Among them, Zhongguo Communications Construction Co., Ltd. firmly closed the daily limit, while Xibu Securities' sentiment in closing the daily limit was not high in the morning, and the daily limit was opened from time to time, with very violent fluctuations.
Xibu Securities, which was experiencing severe fluctuations, even fell by more than 8% from its daily limit at one point, and the fluctuation of Yellow River Securities was the same. After reducing its holdings, Gu Junhao had thought about taking back Xibu Securities, but gave up after thinking about it.
Today, whether Xibu Securities is back on the market or not is of little significance. The securities sector is different from ordinary theme concept sectors. When the entire sector performs poorly, it does not make much sense to rely solely on the performance of leading stocks to pull it up.
In today's market where both markets turned red across the board, the non-bank financial sector headed by securities firms had the least overall rebound. In the rebound, what OTC funds need is to make profits quickly. Obviously, securities firms are no longer suitable in the short term.
In the afternoon, the rebound continued. The small and medium-sized start-up sectors that rose sharply in the morning were suppressed by the ten-day line as a whole, and the rise slowed down. The focus of the two cities returned to the Shanghai Composite Index. The securities sector rebounded partially, and Xibu Securities continued its high-level fluctuation trend.
At 14:30, Xibu Securities once again hit the daily limit, the securities sector rose slightly, the Shanghai Composite Index rose by more than 2% overall, and the Shenzhen Component Index also rose by nearly 4%. The two markets entered the final sprint.
At the end of the day's trading, the Shanghai Composite Index rose 2.93% to 2940.01 points, and the index returned above the five-day line. The Shenzhen Component Index was at 10545.52 points, up 4.24%. The SME Board Index and the ChiNext Index rose 3.88% and 4.52% respectively.
Today, there are as many as 110 stocks that hit the daily limit. The free trade zone sector rose by more than 7%, and there were also many sectors that rose by more than 4%. There were only 75 stocks that fell, which was in sharp contrast to yesterday.
Yinzhijie, which Junshi No. 1 Fund increased its holdings in today, also performed very well throughout the day. Yinzhijie, which rose from the limit price, had an amplitude of up to 15.72% throughout the day. The stock price finally closed at 45.38 yuan, up 2.79%.
After the market closed, there was a constant stream of market news, which continued until the opening of Thursday. Gu Junhao was no longer surprised by the fact that major news always came out on Thursdays in the market recently.
After the previous unilateral upward trend, the stock index fluctuated sharply on Tuesday and Wednesday of this week. As the banking and securities sectors have accumulated a lot of gains, the fluctuations in the two markets will inevitably be extremely violent.
On Thursday, the three major financial sectors performed poorly. The securities sector plunged rapidly in the afternoon, and the overall decline was more than 7% at the end of the trading day. Xibu Securities, which had performed abnormally yesterday, fell rapidly in the afternoon, and its share price hit the limit down at 13:15. The intention of capital outflow was very obvious.
In recent trading days, the capital outflow from Xibu Securities, which has surged more than 3 times, has been very obvious. Starting from Monday this week, Xibu Securities has seen capital outflow of more than 500 million yuan amid a series of sharp fluctuations.
The Shanghai Composite Index's performance was naturally not as expected due to the sharp correction of the three major financial sectors. Although it was maintained by management news, the Shanghai Composite Index still ended up closing down today. This was the first time that the Thursday effect was obvious since the start of the upward trend.
The performance of the small and medium-sized start-up sector was relatively outstanding in the afternoon. Affected by the capital inflow, the ChiNext Index finally rose by 0.95%. The index once again stood above the five-day line and launched an attack towards 1,600 points.
Although the rebound of small and medium-sized start-up sectors is still continuing, there is no general rise like yesterday. The sector differentiation is very obvious, and the same is true in terms of weight. The performance of stocks with Chinese characters in their names is still outstanding.
The performance of construction and decoration has been extremely outstanding this week, and Zhongguo Communications Construction has led the entire sector with its outstanding performance. Although the Shanghai Composite Index finally closed down today, Zhongguo Communications Construction still hit the daily limit.
Within the four trading days this week, Zhongguo Communications Construction closed with three daily limit increases, and the stock price has reached 9.91 yuan. The stock price of Zhongguo First Heavy Industries also rose slightly to 4.80 yuan. The institutional participation of First Heavy Industries, which rose along the five-day line, was heavier.
The sharp rise in Zhongguo Communications Construction, like the previous securities firms, attracted most of the hot money to buy. Gu Junhao once again saw the figure of Liyang Road in the Shanghai Stock Exchange on the Dragon and Tiger List. The Shanghai Gang can be said to have launched an all-out attack.
However, this time it should be Liyang Road's own choice rather than a collective attack. According to Gu Junhao's observation from the Dragon and Tiger List, Dafulu does not seem to have much interest in these heavyweight stocks, and they are more likely to appear in some small and medium-sized start-up sector stocks.
It’s not that Ah Fu doesn’t want to follow Liyang Road in attacking Zhongguo Jiaojian, but because of his large-scale purchases, he is still deeply involved in Tong Huashun and Dongfang Wealth. In the two trading days after the limit down, Ah Fu has been doing T in Tong Huashun and Dongfang Wealth.
Today, the trader also made a cross shadow against the market trend on Tonghuashun as requested by Afu, but the low point was higher than yesterday, and the stock price was close to the 20-day line of the daily line and the 5-day line of the weekly line.
The re-collection of chips and the technical aspects have been perfected, which means that everything is ready, only the east wind is missing; with the rebound of small and medium-sized enterprises, only a perfect pull-up is needed to attract technical investors to take over.
It is December 12, the last trading day of this week and also the last trading day of the first half of December. Due to the particularity of A-shares, they usually have a market trend of a sharp rise in the first half of the month and a sharp fall in the second half of the month, or a sharp fall in the first half of the month and a sharp rise in the second half of the month.
This unique trend remains the same even in the current bull market, and the trend in the past few months is the best proof of this.
At the pre-market meeting on Friday, after everyone expressed their opinions, Gu Junhao also said to Xu Jianqing and others: "Everyone should pay attention to risks in the second half of the month, especially the Chinese-character stocks that have large positions and have risen sharply. Brother Peng, you and Xiao Xu should pay attention. If I am not around one day, remember to reduce your positions in time."
Gu Junhao, who is about to get engaged on New Year's Day, will not have such leisure time to look at the stock market in the second half of December. As more and more people are invited, Gu Junhao finds that his engagement seems to have become a big deal.
Eighty percent of the company's employees will attend on New Year's Day, and nearly a hundred fund clients will also attend. Su Mingyu, who is studying in Zhu City, has already agreed with Gu Junhao in advance that he will attend his engagement party on New Year's Day.
Including some family members, the total number of people attending Gu Junhao's engagement banquet on New Year's Day will exceed 200, which is far beyond the expectations of Gu Junhao and Zhang Yiru. With so many people, it is very busy both in terms of preparing gifts and arranging banquets.
Fortunately, with the help of the wedding company in the preparation, otherwise this engagement party would have been enough of a headache for Gu Junhao.
"Boss, have you chosen your best man for your wedding?" Xu Jianqing asked curiously. He could probably guess why Gu Junhao didn't have time to stay in the trading room all the time.
"No, how about you and Ruoyu?" Gu Junhao, who was born in an orphanage in this life, basically has no friends to speak of. He is no longer in touch with some of Zhang Yiru's high school classmates.
Su Mingyu is a friend of his and his age is suitable, so he can be a best man. As for the others, there is no choice, but Xu Jianqing and Wang Ruoyu are suitable.
"I have no problem. I've never been a best man. How about you, Xiao Wang?" Xu Jianqing said indifferently.
"Of course I have no problem with that. The boss asked us to be best men because he thinks highly of us." Wang Ruoyu also said with a smile.
"Oh my god, your ability to flatter others has improved."
"Then it's settled. You two will serve as best men at the wedding. Pay attention to your body shape. Maybe I can help you solve your single problem by then."
"That makes sense. Boss, ask Sister Zhang when the time comes to get some information about the bridesmaids in advance and let us know."
"No problem. That's enough. Let's stop here and start preparing for today's work."
Wu Peng and Cao Wenxun watched the conversation between Gu Junhao, Xu Jianqing and the other two with a smile. This kind of friend-like relationship between the boss and the employees was extremely rare, and they could not be considered to have started a business together.
In the whole day's trading on Friday, the big financial sector, which fell sharply yesterday, rebounded today, but the degree of capital participation is far less than before. The main rebound throughout the day is still centered around small and medium-sized enterprises.
Within four trading days, Zhongguo Jiaojian, which had three daily limit increases, had a huge fluctuation throughout the day, and the participation of hot money in the ups and downs of the trend was extremely obvious. For Wu Peng, whose holding cost was low enough, T-trading was like a fish in water.
The Internet finance sector, which had been declining continuously, also rebounded today. Tonghuashun, which opened low in the call auction, received two large buy orders as soon as it opened. The stock price quickly pulled up from the red market. This was naturally the work of Afu.
Dongfang Wealth, which rebounded yesterday, continued to fluctuate around the 10-day line today. Dongfang Wealth's Afu had already sold most of its shares through T trading yesterday, and today the focus is still on selling.
Tonghuashun's stock price moved abnormally at 10:15 through continuous increases, rising rapidly to more than 6%, attracting off-market funds. As the stock price fluctuated in the morning, it hit the daily limit at 10:36.
Today's rise of Tonghuashun is not mainly due to Afu. The funds in his hands are obviously locked up, and he needs the cooperation of other hot money. Afu only plays a role in igniting the market in the opening stage, and the subsequent trend will be left to other hot money in Shanghai to handle.
With the cooperation of fellow hot money traders, it was much easier for Afu to sell his stocks. After a day's trading, Tong Huashun not only attracted a large amount of off-market funds to buy in, but also reduced the cost of cooperating with peers to push up the prices by closing the board, opening the board, fluctuating at a high level, and then closing the board.
Afu shipped nearly 45 million yuan during this process; next week, everyone will cooperate with each other in the same way to ship out stocks, and strive to create a second wave rebound trend until all stocks are shipped out.
Gu Junhao also noticed the unusual limit-up of Tong Huashun today, but he was not prepared to intervene. Currently, the stock price of Tong Huashun still remains above 50 yuan, which is inconsistent with his memory.
With the adjustment of the index, the ChiNext Index rose again to a high level above 1,600 points today. The Shanghai Composite Index fell from its high level, and the big financial sector continued to adjust. It is difficult for this position not to form a short-term double top for the ChiNext Index.
At three o'clock, a week's trading ended, and both the Shanghai and Shenzhen stock markets ended in the red. The Shanghai Composite Index closed at 2938.17 points. Despite the large volume this week, it only rose by 0.02%, while the rebound of the ChiNext Index after the sharp drop was unusually strong.
Within three trading days, the ChiNext rebounded to the final 1623.57 points, achieving a weekly increase of 2.63%. However, Gu Junhao still did not dare to significantly increase his holdings other than Dongfang Wealth.
A week of big fluctuations has resulted in different performances for individual stocks. Although Tonghuashun hit the daily limit today, it still ranks first in the list of stock holding declines with a weekly drop of 13.49%, followed by Yinzhijie, which fell 9.91% in a week.
Dongfang Wealth is still very stable, having only dropped by 3.29% in a week. As a constituent stock of the ChiNext, Gu Junhao still likes it very much for its stable trend.
Among Junshi No. 2's holdings, two brokerage firms experienced severe fluctuations after their sharp drop on Tuesday, and the rise was naturally not satisfactory. However, the two Chinese-character stocks performed very well, with Zhongguo First Heavy Industries rising 10.08% in a week.
Zhongguo Communications Construction Co., Ltd. has seen five consecutive positive days this week, surging 44.23% in a week; and due to the T-trading and adding positions on Tuesday, the two stocks with the Chinese character "Zhong" in their names both exceeded 200 million yuan in market value, with Zhongguo First Heavy Industries Co., Ltd. having a total market value of more than 240 million yuan, becoming the largest holding.
There seemed to be a strange momentum in the dark. Xu Jianqing, who was transferred to Junshi No. 2 to trade, once again traded the most heavily invested stock at the beginning of the basic operation.
"Boss, our performance is somewhat scary when it is announced." Xu Jianqing, who had done all the statistics, said with a smile. Other funds had obvious drawdowns on Tuesday, but Junshi No. 1 and Junshi No. 2 made huge profits on Tuesday.
"Whether it's scary or not, it has to be announced. Don't worry about it. Just let him be. We haven't done anything illegal."
"Okay, I'll post it then. Boss, do you want to take another look at it?"
"No need to look at it, just publish it." Gu Junhao said. The sharp rise of the two funds this week was within his expectations, and the specific figures were not that important.
The net values of the two funds specifically announced by Xu Jianqing were indeed able to shock the market. Junshi No. 1, with a scale of 198.92 million yuan and a net value of 497.31 million yuan, was infinitely close to the 200 million yuan mark.
Since the Shanghai Composite Index began its upward trend on November 14, the fund size has increased by nearly 90 million yuan, from the 110 million yuan mark to the current nearly 200 million yuan mark; and this has only been five weeks.
The performance of Junshi No. 2 is even more shocking than that of Junshi No. 1. Junshi No. 2, which has been online for less than two months, had an astonishing total fund size of 897.9 million yuan by the end of this week, with a net value of 1.7958.
The soaring performance of Junshi No. 2 also directly rushed to the third place, and there is a gap of 0.18 net value points from the second-ranked Henghua No. 1 Fund. This made Wang Chao feel a little nervous, as the second place position was about to be lost.
Once the news was announced, the net value curve of Junshi's two funds rose sharply against the market trend, especially the huge profits on Tuesday this week, which instantly attracted the attention of the market, and peers and ordinary investors were all talking about it.
"Fuck, Brother T is so awesome, his stock price has soared this week without any losses. I thought Brother T must have run away early."
"What's wrong with Junshi No. 2? The net value curve on Tuesday is a bit exaggerated? Didn't it fall sharply that day?"
"Needless to say, Brother T is awesome. It seems that the 15,000 hands that day must have been Brother T."
As time went by, the abnormal performance trends of the two Junshi funds also attracted the attention of relevant personnel. This was the first time that Gu Junhao was noticed.
"Check and see what happened to these two funds. They plummeted this week, but surprisingly rose sharply. In particular, Junshi No. 2 actually increased its size by more than 170 million yuan."
