Chapter 301 Performance after Clearance
The Shanghai and Shenzhen stock markets have been consolidating at high levels in the past three trading days in a similar trend. The market dived rapidly during the session and then rose again. Although the strength of the rise has been weaker day by day, the ChiNext Index ended with a sharp drop today.
However, there has not been much change in the overall trend. The index and individual stocks are still on an upward trend. For strong stocks like Yinzhijie, if Gu Junhao had not dumped the market on a large scale today, it is very likely that the stocks would end up with two consecutive gains.
Inside the trading room, Wu Peng and Cao Wenxun were both a little confused about Gu Junhao's idea of clearing the positions today. If it was a T deal, it would be easy to understand, but clearing the positions basically meant not buying them back.
In their opinion, Yinzhijie's performance is far from the time to clear the inventory, and judging from the trends of the three major indexes, the Shanghai and Shenzhen stock markets are very likely to repeat last year's rapid rise.
Although they didn't quite understand it, this was the first time they saw Gu Junhao clearing out his inventory on a large scale. Considering Mr. Gu's record, they were still a little wary, especially Cao Wenxun, who bought a lot of Tong Huashun.
Tongnian Huashun opened low today like Yinzhijie, but then diverged from Yinzhijie, opening low and closing low, and hit the limit down without any warning. High-priced stocks began to diverge, which made Cao Wenxun extremely vigilant.
Tonghuashun's limit down today was achieved in a large-scale manner, with a total transaction volume of 1.78 billion yuan and a turnover rate of 10.94%.
"Mr. Gu has started to liquidate his stocks, and Tong Huashun has also made a lot of money. It seems like it's time to liquidate his stocks and exit." Cao Wenxun thought secretly.
Wu Peng and Cao Wenxun didn't know Gu Junhao that well, but Xu Jianqing and the others were used to it. The boss always made surprising moves during every big rise in the market. Yin Zhijie cleared his inventory with ten times the profit, which was very reasonable considering the boss's past.
You should know that the delivery note of Wangsu Technology that the boss announced before was that the position was liquidated just when the profit was exactly ten times. This obsessive-compulsive operation method is eye-opening.
Wang Ruoyu is in charge of the operation today. He will definitely consider the impact of the specific amount after clearing the positions on his own performance. Naturally, he will not place orders in an obsessive-compulsive manner like Gu Junhao.
"Your operation is too conservative. If it were me, I would have just smashed the stock at the daily limit." At this moment, Xu Jianqing was complaining about Wang Ruoyu's operation method.
"Don't you see how many lots have been traded today? I sold so many today. If I set the price limit directly, it might hit the lower limit." Wang Ruoyu said with a roll of his eyes.
"You should place a bigger order, so that you can sell more and the selling price will be much better." Xu Jianqing said still unconvinced.
"Come on, you're just jealous. It was you who was operating Yin Zhijie before, and you didn't catch up with the 12,000 chips crash today." Wang Ruoyu ignored Xu Jianqing's complaints and had firm belief in his own operations.
What's more, at that time, the boss was standing behind him and directing the liquidation of stocks, and he didn't say anything about his order.
"Hehe, don't say it so harshly. We're just discussing it." Xu Jianqing felt a little embarrassed. Not to mention that he really meant it. Crashing the market was his favorite thing.
"Although a difference of one or two dollars can also bring huge profits, we have already made enough money at Yin Zhijie, so there is no need to care so much." Liu Tingting watched the two people arguing and couldn't help but join the topic.
In fact, this is also the biggest feeling of the five people in the trading room, especially Xu Jianqing and the other two. Although they usually see the net value rising, it is far less shocking than today's liquidation. The profits after liquidation are real cash.
From June last year to now, a total of nine months have passed. Yinzhijie has made a profit of 166 million yuan from the initial position of tens of millions of yuan to the current profit after clearing the position. The profit from a single stock is more than four times the initial size of Fund No. 1.
The profits obtained are often more shocking to those who want to make profits, especially for Wang Ruoyu who operated today. At the moment of the daily limit, he even became greedy and wanted to keep part of the position.
"Boss, Yinzhijie has cleared out its stock. Which one should we buy next?" Xu Jianqing couldn't help but ask Gu Junhao curiously.
After today's liquidation, the current cash flow in Junshi No. 1 account is over 208 million yuan, and the remaining includes 40,000 lots of Dongfang Wealth, 25,000 lots of Xibu Securities and 5,000 lots of Zhongguo CSR.
Taking the position balance into consideration, Gu Junhao asked Liu Tingting to increase the position again when the price hit the second bottom near 29 yuan. Currently, the rise of Xibu Securities is also very encouraging.
Last Friday and this Monday, Xibu Securities achieved two consecutive gains, and the stock price successfully broke through the high point of 40 yuan on December 31 last year, and the trend of a second start was obvious.
Although small and medium-sized enterprises plunged sharply today, Xibu Securities still maintained an upward trend of 0.85%, thanks to the rise of the main board after the plunge. The stock price closed at 44.88 yuan, and the market value of its holdings was as high as 112 million yuan.
Dongfang Wealth still maintains the price of 41.25 yuan when it was suspended on February 6, and its current holding value is as high as 165 million yuan.
After receiving the favorable administrative approval for the merger from the China Securities Regulatory Commission on March 18, Zhongguo CSR and Locomotive Co., Ltd. achieved its second daily limit today, with the share price reaching a new high of 17.29 yuan. Unknowingly , the market value of 5,000 holdings has reached 8.645 million yuan.
Judging from today's closing, the overall scale of Junshi No. 1 has exceeded 494 million yuan, less than 6 million yuan away from the 500 million yuan mark, while the market value of its holdings is only 285 million yuan, including 165 million yuan that was suspended.
With a scale of nearly 500 million yuan, the tradable holdings are only 120 million yuan. This is already a very low position for a fund, so Xu Jianqing asked this question.
"I won't buy it for now. The prices are too high and there are no good targets." Gu Junhao said with a smile.
March is about to end, and there are only a little over two months left before the stock market crash. Considering that before the index bottoms out, there will definitely be some stocks that will peak ahead of the index, the actual trading time is basically less than two months.
There is actually not much need to reopen positions for unfamiliar stocks. At most, you should continue to consider your current holdings. However, there is no need to increase your positions. The most you can do is to increase the intensity of T while the trading volume is increasing.
A fund with an initial scale of 40 million yuan has now reached a total scale of nearly 500 million yuan. As of today, the net asset value rate of Junshi No. 1 has reached 12.3623.
The net value of the first fund has increased by more than 10 times, and Gu Junhao is already very satisfied with this based on expectations.
On March 27, Friday, the last trading day of the week, Yinzhijie gapped down and broke through the five-day line, opening sharply lower by 3.45% at 122 yuan, and its stock price seemed to be facing a collapse.
However, after the official start of trading, the trading market broke through, and Yinzhijie's stock price fell for less than 30 seconds, reaching a low of 120 yuan before it began to rebound rapidly. By 9:33, the stock price was 134.50 yuan, up 6.56%.
At 9:40, a buy order of only 2,000 lots pushed the share price of Yinzhijie to 138.84 yuan, hitting the daily limit again. This is Yinzhijie's second daily limit this week and the third time it has hit the daily limit.
Afterwards, large orders appeared on Yinzhijie's daily limit as usual and remained so until 10:22.
At 10:22, compared with the amount of funds at the time of closing, Yinzhijie was smashed open by the same amount of energy, and the stock price fell to a low of 131.50 yuan. After that, it continued to fluctuate at a high level until 13:24 in the afternoon, when Yinzhijie was closed again.
After a full day of trading, Yinzhijie only had a turnover of 564 million yuan, a significant decrease .
Judging from the after-market Dragon and Tiger List, Yinzhijie's closing today was unexpectedly led by three institutions. From the third to the fifth buying seats, the three institutions' buying volume was all over 40 million yuan, and the total purchase exceeded 120 million yuan.
Today, the Dragon and Tiger list of Yinzhijie is dominated by hot money and institutions. The purchases of five seats accounted for 44.06% of the total transaction volume, and the participation of retail investors was very low.
Gu Junhao was very surprised at the appearance of the three institutions. It was understandable that hot money would take advantage of the rebound, but it was a bit incomprehensible that the institutions would take over at high levels.
In addition, today's Dragon and Tiger list is basically a game between hot money and institutions. From this point of view, the entry of institutions is either based on insider information or they are just doing it blindly.
"A board that rises rapidly with shrinking volume is still quite dangerous. Forget it and ignore it." After thinking for a while, Gu Junhao gave up observing Yin Zhijie. Anyway, he had no plan to buy it back.
Today's daily limit price is lower than the price when Wang Ruoyu cleared his inventory. It can't be considered a reverse daily limit. It is uncertain what the specific trend will be, or it may be a selling point to attract retail investors.
As for CSR and CSR, which hit record highs yesterday, both experienced a small decline today. CSR's share price closed at 16.99 yuan, down 1.74% on the day, with a total turnover of 6.77 billion yuan.
In the evening, CNR and CSR both announced a suspension of trading and held a shareholders' meeting.
CNR and CSR, which have obtained the administrative approval of the China Securities Regulatory Commission, have both suspended trading again to hold shareholders' meetings, which also indicates the final countdown of the merger today.
As expected, the official name change will be made after CSR resumes trading.
The magic car is about to appear!
