Chapter 285 Noble
The New Year's Day holiday in 2015 is a four-day holiday for the stock trading market, from the 1st to the 4th. Regardless of whether ordinary workers need to adjust their holidays, A-shares will maintain the weekend holiday.
Having two days off on weekends may be a good thing for most A-share investors, as they can save two days of losing money. After all, A-shares are a polarized market, and only a few people can maintain stable profits in the stock market, and the same is true in a bull market.
January 5, 2015, Monday; after a four-day New Year's Day holiday, the A-share market welcomed the first trading day of the new year. Gu Junhao entered the office early in the morning, and Li Xinyu said to Gu Junhao: "Boss, my stocks are stuck?"
Gu Junhao hadn't touched stocks for five days. He was stunned by this sentence and couldn't help but ask casually, "What's stuck?"
"Tong Huashun, if the account is green, doesn't that mean it's stuck?"
Gu Junhao finally reacted and joked, "Oh, you mean Tong Huashun? If you're stuck, then you're stuck. Work hard and make money to cover your position. If you perform well, I'll pull you up. If you perform poorly, I'll knock you down and let you get deeper and deeper into the trap."
"Tsk, you're still making money to cover your position. Where can you find a boss like you?" Li Xinyu was also joking with Gu Junhao. He still had some confidence in the stocks that the boss helped him buy. He said this just to get closer to the boss.
"I'm going to the Fund Business Department in a bit. Please keep an eye on this side for me. Oh, by the way, there may be a new person reporting in today. Her name is Lu Sheng. I have already informed the front desk and Director Shen. Please take her to the Human Resources Department to report in."
"Oh, a man or a woman?" Li Xinyu asked curiously. This was the first time that the boss had directly inserted someone into the company without going through any formalities.
"Female."
"Wow, boss, you've changed. You've just gotten engaged and you're secretly inserting women into the company. Does the boss' wife know?"
"What are you thinking about? I'm the daughter of my childhood sponsor. I don't need any special care. I can take any position that suits me." Then, Gu Junhao glanced at Li Xinyu and said, "Also, I find that you are becoming more and more disrespectful. Don't say such nonsense outside."
"Hey, I know, boss, just go ahead and do your work. I will definitely do what you ask me to do."
During the New Year's Day holiday, while employees were on vacation, Junshi Capital's fund business department officially moved to the new office space. The first batch of people to move in were still Xu Jianqing and four others. As for some other employees transferred from the market intelligence department, they will move in one after another within this week.
When we arrived at the new venue, a 200-square-meter space, the entire office area was designed in accordance with Junshi Capital's original design, forming an integrated whole. It has all the necessary office areas, lounges, and meeting rooms, making it look more like a small company.
As not all staff were in place yet, there were only a few employees tidying up their desks in the entire office area. When they saw Gu Junhao coming in, they all greeted him, including Zhou Kai, Zhou Ao's cousin from the technical department.
When this kid attended the dinner party for the first time, he joked with Gu Junhao and asked if it was okay to bring someone else's wife; but in fact, he wanted to bring his own mother to the dinner party. Although his behavior was quite strange, it can be regarded as a sign of filial piety.
There were several more outrageous behaviors afterwards, but they were not real trouble. Instead, they reflected his energy, which made Gu Junhao remember him. When restructuring the fund business department, Gu Junhao thought of him and transferred him over directly.
Gu Junhao nodded in response to the greetings from Zhou Kai and others, and then walked towards the new trading room where Xu Jianqing and others had already begun preparing for today's transactions.
Pushing the door open, Xu Jianqing and the other two were delighted to see Gu Junhao coming in; although the three of them could now trade independently and the two funds had been running smoothly, it made no difference whether Gu Junhao was there or not.
But since the beginning of the simulation warehouse, the three of them have been influenced by Gu Junhao. With the boss present, even if they are sleeping in the trading room, the three of them will feel more at ease.
However, the three also knew that as the fund size grew and the fund business department was adjusted, the company's main business in the future would definitely not just be private equity funds, and the days when the boss could appear in the trading room every day would definitely become less and less.
"Boss, how does it feel to be married?" Xu Jianqing asked with a smile. He also participated in the New Year's Day wedding banquet, but did not find a chance to get anyone to drink because the boss was too busy that day.
"We are engaged, but not married yet. I feel like it's just like that, no different from usual. Maybe things will change after we have a child. Brother Peng and Brother Cao have experience in this regard. You should ask them."
"Haha, that's true. When I first got married to my wife, it was actually not much different from when we were dating. But after we had a child, the feeling was different." Wu Peng replied with a smile.
"As for me, I may feel differently. My family conditions were relatively poor at that time, so I wasn't as romantic as you young people. But I had almost the same feeling when I first got married." Cao Wenxun also nodded.
At 9:25, the call auction ended. The Shanghai Composite Index and Shenzhen Component Index continued to open high, while the ChiNext Index opened low. On the market, coal, nonferrous metals, oil and other sectors performed well. The first trading day of the new year for the Shanghai and Shenzhen stock markets was still dominated by the main board.
Brokerage, software services, communications equipment and other sectors opened low, and concept-themed stocks also mostly opened low.
"It seems that today's market is still a 2:8 split, and resource stocks are performing well." After the call auction ended, Gu Junhao couldn't help but sigh that this 2:8 split market is the most harmful to ordinary retail investors.
Among the Shanghai and Shenzhen stock markets, only 20% of stocks rose, and 80% fell. It is difficult for retail investors to grasp the market situation. And often when they can no longer stand the continued unilateral rise and start chasing highs and selling lows, the market will reverse again.
Gu Junhao took another look at the opening prices of the three GEM constituent stocks in his holdings. Except for Yinzhijie which opened slightly higher by a few cents, the other two stocks opened slightly lower, just like the GEM index.
"It looks like the market will fall again today, and Xiao Li's stocks will be stuck even deeper." Gu Junhao couldn't help but smile when he thought of this. Let this new investor be anxious for another two days.
The daily trend of the ChiNext has already broken the 60-day line. Judging from the trend, it seems inevitable that it will fall below the support of the weekly 60-day line. However, around 1,400 points should also be the low point of this round. It would be even better if it can fall to the same level within one day as before.
…
2014 was a fruitful year for Li Ze. As a VIP member of the foot massage parlor, Li Ze wanted to buy a Cadillac after making a lot of money. However, it was a relatively cheap one, with a price range of about 300,000 yuan, but it was enough to buy a pen.
Li Ze, feeling good about himself, drove his newly bought Cadillac back to his hometown. Unexpectedly, he was scolded by his old father. He was so proud of the little money he had. What's the use of a car when he usually works and lives in the dormitory? He might as well use the hundreds of thousands to buy a house.
Besides, in the eyes of his parents, Li Ze is already an older youth. Not only does he not have a girlfriend at his age, but his behavior is still so childish. He has money but doesn't know how to be low-key, but instead starts to show off.
Li Ze had a very depressed New Year's Day holiday because he failed to put away his pen and was instead sharpened. After spending three days of torment at home, he couldn't wait to drive back to the company. After returning to the dormitory, Li Ze was still a little depressed.
"It seems that I still have too little money. If I had more money, my dad wouldn't dare to scold me like this." Li Ze thought secretly, and the idea of returning to the stock market came into being.
"Brothers, the market is open. What are you going to buy?" Li Ze asked in the group early Monday morning.
"What's going on? Is Li Kuang preparing to return to the stock market? How does it feel to drive a Cadillac?"
"Don't mention it. I got scolded by my dad for a few days when I got home, and I had to do a lot of work. If you don't talk about this, what are you going to buy?"
"What can I buy? Small and medium-sized enterprises have fallen so badly recently, and the performance of securities companies is not very good. I dare not chase other heavyweights."
"Yeah, blue chip stocks have never been our cup of tea. Oh, I don't know what Brother T bought. It would be nice if there were another signal."
"Brother T was busy getting married. The photos he posted online on New Year's Day were so lively that he didn't care about the leeks."
"Who said Brother T didn't give a signal? You guys are real leeks. You haven't even noticed this." Brother Cao, the eldest brother in the group, spoke at this time.
"Ah? What signal did Brother T give? Brother Cao, tell us quickly." Li Ze asked hurriedly. After clearing out his positions, he was only thinking about how to pack his pen. He didn't pay much attention to the stock market or surf the Internet, so he didn't have a good grasp of the timeliness of the news.
"You can see from the fund net value of Junshi No. 1 that the net value of Junshi No. 1 fell sharply before New Year's Day. What does this mean?"
"What does that mean? Brother T lost a lot of money? Brother T has become a billionaire because of all the losses."
"Shabi, which stocks were the biggest losers before New Year's Day? Small and medium-sized start-ups. This means that Junshi No. 1 holds small and medium-sized start-ups. Is there any need to think about this?"
"Oh, yes. Junshi No. 1 holds small and medium-sized enterprises . That means there is still a chance. Can we buy at the bottom?" Li Ze asked.
"I can copy it, but I don't know where the bottom is. What if Brother T changes his position? And I don't know the specific code, how can I copy it?"
"This is easy. Just buy more Tong Huashun and pretend to be dead. Tong Huashun has dropped to 45 yuan, a drop of 30 yuan. It shouldn't be a problem to buy at the bottom." Li Ze said confidently.
"Tonghuashun's stock price increased more than three times last year. Do you still dare to do it?"
"Why should I be afraid? Last year was last year, and this year is this year. Maybe Brother T has already copied it." Then Li Ze said, "Anyway, I think it's better to do what you are familiar with. Tong Huashun has made a lot of money. Even if it continues to fall, I know the trend of the stock price. The stop loss position is also easier to set. I can just sell it when I lose money."
"Tsk tsk tsk, you are worthy of being the distinguished owner of the Cadillac. Cutting meat sounds so easy to you."
"Anyway, all the money was earned from Tong Huashun. The worst thing that can happen is that it goes back to where it came from. I'm planning to copy Tong Huashun again. You guys can do whatever you want." The more Li Ze thought about it, the more he felt that his idea was correct. This time he planned to buy about 1 million yuan of Tong Huashun. Even if he lost all the money, he would still have one car that he earned back. It didn't matter.
When the official trading started, the market opened higher and continued to rise. The coal sector was overall agitated and rose madly. As a practitioner, it was impossible for Li Ze to say that he was not tempted, but after thinking about it, he still endured it.
I work so hard to mine coal, but if I fail to chase high prices and end up losing money, isn't that the equivalent of working two jobs and still not making any money?
In the 28 differentiation, the ChiNext Index fluctuated for only two minutes before falling rapidly. Tong Huashun also fell rapidly, and the stock price quickly fell below the 45 yuan price. Li Ze stared at Tong Huashun's time-sharing chart while waiting for an opportunity.
At 9:45, nonferrous metals sectors other than coal also began to rise, leading to further market differentiation. The decline of the ChiNext Index has widened to more than 1.5%. Tonghuashun closed at 43.70 yuan, with its share price down 3.66%.
"Hehe, maybe I can catch the bottom today. The drop is quite sharp." The falling stock price did not make Li Ze feel scared. Instead, he was a little excited as he was determined to catch the bottom. Every 1 point drop in the stock price meant that he would have the opportunity to buy more chips.
At 9:50, Tonghuashun's share price fell nearly 5%. After a slight rebound to 43.80 yuan, it began to fall again along with the index. At 10:08, Tonghuashun's share price was 42.22 yuan, a drop of 7.4%.
The ChiNext Index had already plummeted to 1432.45 points, a drop of 2.74%. At this time, Li Ze looked at the trend of Tong Huashun and was a little panicked: "It won't hit the limit, right? I dare not buy it if it hits the limit."
At 10:15, the ChiNext Index plummeted to 1429.08 points, down nearly 3%. The index faced the weekly 60-day line support and began to rebound rapidly. Tonghuashun had rebounded to 42.95 yuan ahead of the ChiNext Index, down 5.31%.
"It's rebounded. It shouldn't fall anymore. It's fine as long as it doesn't hit the limit down. Copy it." Seeing that Tong Huashun had a rebound trend , Li Ze placed an order without hesitation to buy 25,000 shares at a price of 43 yuan. There were only 250 lots, which was not a lot for Tong Huashun's trading volume during this period.
Li Ze's chips were also quickly traded, with an average transaction price of 42.97 yuan and a purchase amount of more than 1.07 million yuan. This was also all the chips Li Ze was prepared to buy, the same as when he first built a position in Tong Huashun.
At the same time, in the trading room of Junshi Capital, Gu Junhao responded: "The ChiNext should have hit the bottom, which is a good thing."
The continuous 2:8 polarization in the market has brought the psychological pressure on investors holding small and medium-sized start-up stocks to a limit. The ChiNext Index fell rapidly on the first trading day of the new year, with a round of rapid decline in 45 minutes in the morning, accompanied by trading volume.
Panic funds can no longer bear the psychological pressure, and most of their positions should have been sold at losses during this round of rapid decline. Similarly, the rapid rebound after 10:15 was also accompanied by trading volume, indicating that off-market funds were well prepared.
At 10:30, the ChiNext Index, which rebounded with volume, was reported at 1443.61 points. The index decline narrowed to less than 2%, and re-stood on the daily average yellow line. Tonghuashun's decline and rebound with volume were better than the index.
Tong Huashun closed at 43.88 yuan at this time, rebounding more than 3%. Three minutes later, Tong Huashun closed at 44.79 yuan, and the decline narrowed to more than 2%. Li Ze's profit reached 4.2%, and the account profit reached 45,500 yuan.
"Haha, brothers, I bought at the bottom and have earned more than 4 points. You guys hurry up and chase it , Tong Huashun is going to rebound." Li Ze happily sent a screenshot of his holdings to the group.
The rebound of SMEs and Tonghuashun has been continuing, and the main board's market is still hot; as of midday closing, Tonghuashun closed at 46.40 yuan, with a share price increase of 2.29%. The amplitude in the morning was nearly 10%, and Li Ze's profit also reached about 8%, with a floating profit of as much as 85,000 yuan in the morning.
The Shanghai Composite Index was even more popular. Resource stocks performed exceptionally well in the morning. The coal sector surged across the board, and non-ferrous metals, real estate, electricity, steel and other sectors all rose sharply.
In the afternoon, the first trading day of the new year continued to be hot. The main board that soared and the small and medium-sized start-up stocks that hit the bottom continued to rebound, following the sharp rise in coal, nonferrous metals and other sectors in the morning.
The oil sector naturally did not want to lag behind. The leader PetroChina unexpectedly hit the daily limit at 1:16 p.m. Sinopec also followed suit and hit the daily limit. Other stocks in the sector also reported increases of more than 8%.
After a full day of trading, among the individual stocks in the coal sector, except for one ST stock that closed lower in the late trading, the remaining 35 tradable stocks all hit the daily limit. More than 10 stocks in the nonferrous metals sector also hit the daily limit. The two oil giants both hit the daily limit in the afternoon.
Under such circumstances, the Shanghai Composite Index broke through 3,300 points and closed at 3,350.52 points, up 3.58% for the day. The Shenzhen Component Index also rose by more than 4%. The ChiNext Index, which had hit a new low, narrowed its decline to 0.47% and closed at 1,464.77 points.
Although the ChiNext Index did not turn positive, a number of strong stocks performed well. The three stocks held by Junshi Group all turned positive. Dongfang Fortune closed at 28.77 yuan, up 2.9%, and Tonghuashun closed at 45.60 yuan, up 0.53%.
"The emotions are already at their peak on the first day of the new year. I feel it's a bit too much. What will happen next? Will there be a market shakeout?" Gu Junhao muttered as he stared at the closing data. Moreover, there were quite a few sell-offs among small and medium-sized start-ups in the morning, so it seemed that there would be a period of large rebound. It seemed that the style would change again.
Li Ze, on the other hand, was staring in a daze at the profit of more than 60,000 yuan in his account. This bottom-fishing market seemed familiar, and it was the same when Tong Huashun went all in for the first time.
Li Ze couldn't help but sighed: "Brother T is really my benefactor. I have decided that if Tong Huashun rises sharply again this time, I will definitely not clear out all my stocks. I must keep a few thousand shares."