Chapter 304: The God Car Reopens
It is Qingming Festival again this year, and this is the third Qingming Festival since Gu Junhao came into this world.
Reminiscing about the past without any need for sacrifice, the newly married couple once again came to Mount Putuo, just like they did in the first year, to reminisce about the past.
This was the place where the two of them went on their first trip that year. It was a rare relaxing time, and they stayed on the island for three days and two nights.
As the market is accelerating, Gu Junhao's enthusiasm for stock investment in recent times is much higher than before. On the last day of the Qingming Festival, both CNR and CSR announced that they would resume trading on the 7th, which is Tuesday this week.
After resuming trading, CNR and CSR will continue to trade separately. After the formal merger is completed, CNR will officially withdraw from the A-share market.
"Has the stock resumed trading so early? Based on the current trend of continuously rising flat boards, won't the stock price reach its peak ahead of time?" Gu Junhao frowned and thought. He naturally couldn't remember the day when CNR and CSR resumed trading for the second time.
However, according to the current speculation inertia, after resuming trading, CSR and CSR will surely hit multiple daily limit increases in succession until one day they explode. It seems that the weighted market will undergo a big change this month.
"I don't know if there's something wrong with my memory or if the A-share market has really accelerated. I hope I can still see the day of 5178." Gu Junhao was speechless. He could only take one step at a time.
I have the impression that the market peaked in June. If the weight really peaked earlier with CNR and CSR, this makes sense. Then the second wave of selling occurred while pulling up the index.
However, for Gu Junhao, the liquidation of Junshi No. 1 is the most important thing at the moment, and as of the announcement this week, Dongfang Wealth is still suspended, which is a bit uncomfortable.
Dongfang Wealth also continued to issue announcements today as per the routine announcements every five trading days, and the company will continue to suspend trading this week.
Tuesday, April 7th.
CNR and CSR, which attracted much attention from the market, resumed trading and both stocks achieved daily limit up since the call auction started at 9:15 a.m., until 9:25 a.m., when the huge volume of closing kept both stocks above the daily limit up.
Until today's closing, CNR and CSR showed no signs of opening, with trading volume just over 500 million yuan, while the Shanghai Composite Index continued its pre-holiday trend and continued to advance rapidly, breaking through the 3,900 point mark with an increase of 2.52% and closing at 3,961.38 points.
On April 8, the Shanghai Composite Index hit 4,000 points, triggering a sharp fluctuation. CSR and CSR continued to achieve a daily limit increase with shrinking volume.
On April 9, the Shanghai and Shenzhen stock markets opened higher today and directly reached 4,000 points after yesterday's sharp fluctuations. They plunged sharply during the session and once fell by nearly 2% to 3,900 points. Affected by this, Zhongguo CNR, which had risen by two daily limits in a row, exploded for the first time.
The trading volume increased from 449 million yuan on the previous trading day to 15.24 billion yuan today. The stock price closed at 22.61 yuan with a T-shaped trend.
The Shanghai Composite Index closed with a sharp drop during intraday trading today, but small and medium-sized enterprises are still active, and the ChiNext Index rose slightly today.
It is worth mentioning that Tong Huashun in Gu Junhao's personal account achieved a daily limit on the 7th. On Wednesday, the stock price successfully broke through the previous high of 133.93 yuan. Today it rose again by 7.02%, and the stock price has reached 145.55 yuan.
On April 10, the last trading day of this week, after two consecutive trading days of sharp fluctuations to accumulate strength, the Shanghai Composite Index once again launched an attack towards 4,000 points. Today, all sectors in the two markets were in the green, and individual stocks saw a surge in limit-up prices.
The Shanghai and Shenzhen B shares, which were later cancelled, all hit the daily limit, which was very rare. At the end of the day's trading, the Shanghai Composite Index closed at 4034.31 points, up 1.94%. A shares officially entered the 4 era.
CSR and CSR, which saw significant volume growth yesterday, both stopped their daily limit rise on the last trading day after the Qingming Festival. CSR ended the last trading day of the week with a drop of 1.5%, and its share price closed at 22.77 yuan.
The crash of CNR and CSR on Thursday was within Gu Junhao's expectations. With a large number of profit-taking orders, it is naturally impossible for CNR and CSR to continue to maintain a daily limit trend. If they want the stock price to go higher, it must be able to maintain a turnover rate.
The market only rose to 4,000 points, and although the South and North stocks near the 22 yuan price level released a huge amount of breaking stocks as the market fluctuated, there was no signal of reaching the peak from the trend.
Over the weekend, the market once again released a series of positive news. The China Securities Regulatory Commission supported securities firms and funds to participate in the management of occupational pensions, and securities firms allowed one person to have multiple accounts, adding fuel to the market's madness.
On April 13, the Shanghai Composite Index gapped upward again, leaving the fifth gap and rising by 2%. The index broke through 4,100 points. The ChiNext Index also rose by 0.98%. The recent resonance of the main board and small and medium-sized start-ups has continued to lead the Shanghai and Shenzhen stock markets forward.
Under the resonance of the two markets, A-shares are still experiencing a surge in daily limit prices, with nearly a hundred stocks hitting the daily limit every day. The market has completely entered a frenzy, and no matter where you are, you can hear voices discussing stocks.
The increasing popularity of one person opening multiple accounts and online account opening has brought fresh leeks to the stock market. This can be seen from the first quarter report released by Dongfang Wealth last weekend. The new leeks are happy at this time. There is no need to select stocks too much. Even if you buy a stock with your eyes closed, it can rise sharply or even reach the daily limit.
Recently, Gu Junhao has deliberately changed his way of commuting to and from work to taking the bus. Just like in his previous life, he can meet many people to talk about stocks.
Some new investors choose stocks by randomly picking one of the top ten stocks with the highest gains in the Shanghai and Shenzhen stock markets, and then buying it on the second trading day, which often results in good returns.
"Stock trading is really very simple, it's no different from picking up money." This is the sentence Gu Junhao has heard most often recently.
After a brief adjustment last Friday, CNR and CSR once again hit the daily limit today. The hot market also attracted countless new investors to buy, as evidenced by the frequent selling of small and medium-sized orders after the daily limit.
On April 14 and 15, the Shanghai Composite Index adjusted for two consecutive trading days for the first time since entering the 4 era. The ChiNext Index also made corresponding adjustments during the same period after reaching 2,600 points.
As the hottest stock in the market recently, Zhongguo CSR has not been afraid of adjustments and has continued to hit two daily limit increases in a row by means of turnover boards. The share price has reached 29.65 yuan. Gu Junhao's initial holdings of less than 3 million yuan have now increased to nearly 15 million yuan.
Su Mingyu, who also holds 5,000 shares of Zhongguo CSR, has been a little dazed by the rise in share prices. The originally expected share price was around 10 yuan, but it has risen to around 30 yuan. The madness of the bull market has refreshed Su Mingyu's cognition.
As another leading stock in the construction sector, Zhongguo Communications Construction's share price has also been rising since April 8, with the average daily trading volume exceeding 5 billion yuan, and today it has once again reached over 8 billion yuan.
However, as the stock price continued to rise , although Zhongguo Jiaojian closed with a positive sign every day, long upper shadows continued to appear. Today's trading volume of 8 billion yuan only brought a 1.94% increase.
As a super large-cap stock, Zhongguo Communications Construction has already sent out signals of reaching its peak with its ever-increasing trading volume and stagnant stock price. On the contrary, another smaller stock with a Chinese character in its name, Zhongguo First Heavy Industries, has performed relatively normally.
In the seven trading days since the holiday, Zhongguo First Heavy Industries' stock price has risen by just over 8%, and its trading volume and turnover rate have also maintained a relatively stable trend.
The share prices of CNR and CSR continued to rise, Zhongguo Communications Construction showed a trend of reaching its peak ahead of schedule, and the number of new entrants into the market increased all the time. Such changes also aroused Gu Junhao's vigilance.
In the evening, Dongfang Fortune, the company with the largest market value on the ChiNext, finally issued a resumption announcement. Dongfang Fortune, which has been suspended since February 6 to seek a full acquisition of Tongxin Securities, will officially resume trading tomorrow, Thursday, April 16.
Several famous Tibetan mastiffs in the market will officially debut, and the two killer weapons, SSE 50 and CSI 500 stock index futures, will also be officially listed for trading tomorrow.
Dongfang Fortune has completed dividend payment and 10-for-4 stock conversion during the suspension period. The stock price will resume trading at 29.42 yuan. Correspondingly, Dongfang Fortune's holdings of Junshi No. 1 have become 56,000 lots, and Junshi No. 2 has become 84,000 lots.
Gu Junhao also felt something was unusual about Dongfang Wealth's choice to resume trading on Thursday, April 16. According to normal logic, even if the acquisition had been completed, it would be better to resume trading next Monday.
After all, a weekend of promotion will be more beneficial to both the popularity of the stock itself and the operation of the company's brand. The hasty resumption of trading in the Shanghai and Shenzhen stock markets after two consecutive trading days of adjustment seems a bit impatient.
"Are you in a hurry? Are you afraid of missing out on this rising train?" Gu Junhao pondered as he looked at the announcement of Dongfang Wealth with some amusement.
