Chapter 3 Opening of Market
He spent the seven-day holiday in a daze. He didn't have to go to work or trade stocks. Such days are quite rare. Gu Junhao didn't stay in the rental house all the time during these days. He went out from time to time. There was still a lot of people during the National Day holiday.
In the nearly one year since he traveled through time, Gu Junhao had few friends except his colleagues, and the only place he went was the Singularity Welfare Home. After learning about the original owner's life experience, Gu Junhao would go to the welfare home from time to time to volunteer, doing things within his ability, and occasionally buy small gifts such as snacks and books for the children in the welfare home.
During the National Day holiday, Gu Junhao also visited the welfare home. The head teacher, Aunt Huang, was still so kind. When talking about the past, she always expressed regret that Gu Junhao could not go to college.
Aunt Huang also learned from Lao Lu that Gu Junhao had resigned. This time, she asked Gu Junhao about his future plans and acted as concerned as a mother, which made Gu Junhao feel warm and ashamed.
After all, he had taken over the original owner's body and indirectly caused the original owner's death, but he couldn't say it out loud, nor could he say that he was planning to engage in stock trading in the future. The original owner had never been involved in such matters before, and if he said it rashly, it would probably only make Aunt Huang more worried, so he could only fool around with vague answers.
The welfare home is located in JB District of Ningbo City, which is some distance away from where Gu Junhao lives now. It is not very convenient to get there without a car. After staying for a while, Gu Junhao left to avoid missing the bus.
Yongcheng is a sub-provincial city located in the northeast of Zhejiang Province. It is an independently planned city with rapid economic development. The overall economy is dominated by the real economy. Gu Junhao can be said to have grown up in Jiangbei, but currently lives in Beicang.
Beicang has only been established for 10 years. Thanks to the large amount of tax revenue provided by the real economy, housing prices have not risen sharply. However, Gu Junhao still cannot afford to buy a house at present, and he will have to wait until next year at least if he wants to buy one.
"I have to earn an apartment first." Gu Junhao sighed while sitting on the bus. Although the environment of the rental house he currently lives in is okay and it is enough for him to live in alone, the sound insulation is really poor. From time to time, he can hear the hesitating voices of a couple who just moved in next door in the middle of the night.
For a single person who has experienced sexual activities in his previous life, this kind of sound is really unbearable and it really affects his rest.
…
A shares started trading on Tuesday, October 8, 2013. After hitting a low of 1849.65 in June, the market rebounded to around 2270 points, the highest point in mid-September, a rebound of 22%.
However, it experienced another wave of decline in the following half month. The current market index closed at 2175 points, a drop of nearly 100 points from the high point. The amplitude of the correction is relatively large.
"There must be countless people who were trapped in this process." Gu Junhao thought nonsensically.
The ChiNext was stronger than the broader market, rising from its low of 900 points in June to 1368 points before closing on the National Day, a rebound of more than 50%, with a strong trend.
This is also one of the reasons why we chose Wangsu Technology. Essentially, the bull market in 2015 was more of a bull market in the ChiNext. We are now in the early stages of the bull market in the ChiNext. After Wangsu Technology is done, we will still look for new investment targets in the ChiNext and strive to take advantage of this big market trend.
At eight o'clock, Gu Junhao sat in front of the computer desk, looking at the messages in the group. When he bought Zhongqingbao before, Gu Junhao also joined some groups on the Internet to discuss stocks, but they were basically all leeks, so it could be regarded as a small gathering place for leeks.
In groups of this nature, everyone seems to disappear during holidays, but they become unusually active on trading days. Although it is not yet the opening time, the group has already started to become active.
"This market is really a pit. I bought it in September thinking it would continue to rebound, but it ended up falling for half a month."
"Who says it's not true? The main force is eyeing my tens of thousands of dollars . When I buy, it falls, and when I sell, it soars."
"You newcomers are better off, you haven't lost as much. I'm miserable. I've been losing money since 2007. I'm too lazy to watch it."
"Boss, you are awesome! The stock has held up to the high point in 2007 until now. I wonder which stock you bought?"
"Nanshan Lüye bought 200,000 yuan, and there are 30,000 yuan left."
"In 2007, if I had 200,000 yuan instead of buying stocks, I would have lived a different life if I had bought a house..."
"Who says it's not? But I won't cut it off. It doesn't make much sense to cut it off for tens of thousands of dollars now. I'll just leave it there and see what he can do."
"Stock trading is like this, two wins, one breaks even, and seven loses. Seven is us retail investors. There aren't many people in the group who can make money."
"Haha, just for fun~~~~"
Gu Junhao looked at the comments in the group and analyzed the sentiments of retail investors. In a market dominated by retail investors, the sentiments of retail investors are often the barometer of the market.
During this time, Gu Junhao would occasionally join in the chat, mostly to cheer everyone up and analyze that the market would improve, but not many people cared.
Gu Junhao did not say anything. At the moment, his words did not carry much weight. If people could listen and persevere, most of them would still be able to make money by 2015. However, forget it for the brother who bought Nanshan Luye in 2007. At such a high price, he would never be able to make his money back in his lifetime.
Before I knew it, it was 9:15 and the call auction began.
The so-called call auction refers to a bidding method that centrally matches all the buy and sell orders received within a period of time. The transaction principles are: first, the price with the largest transaction volume is selected within the effective price range; second, all buy orders above the transaction price and all sell orders below the transaction price are completed; third, at least one of the buyers or sellers with the same transaction price is fully executed.
Orders will be accepted from 9:15 to 9:20, and both orders will be cancelled. After 9:20, only orders will be accepted, and no order cancellations will be accepted. In addition, the time period from 14:57 to 15:00 during the closing phase is also the post-market call auction period.
After the call auction on the first day after the National Day, the Shanghai Composite Index opened slightly lower at 2171.69 points. Whether it can achieve three consecutive positive lines and swallow the big negative line on September 26 remains to be seen.
The ChiNext Index continued to open higher at 1376.68 points, following the sharp rise on the last trading day before the holiday, showing particularly strong performance.
It is obvious that funds still choose to continue to focus on the ChiNext, but the ChiNext has rebounded by more than 50%. Although it is known that it will continue to rise in the future, the overall risk is also about to come.
As for Wangsu Technology, as a blue chip stock on the ChiNext, it also followed the index and opened higher, opening at 58 yuan, up 1.7%.
