Chapter 343 The Fifth Placard Raising
After the end of this week's trading, Vanke's stock price rose 4.85% on a weekly basis, and its trading volume shrank to 23 billion yuan from 36.5 billion yuan last week, a reduction of more than 13 billion yuan.
Raising the placard has made Vanke's chips increasingly concentrated, and now those holding shares are all low-cost holders like Gu Junhao.
Even Gu Junhao, who decided to reduce his holdings this week, only sold 50,000 chips. Overall, he still cherishes his chips.
The two liquor stocks in the portfolio saw a sluggish index this week and the liquor sector also performed generally, with Wuliangye and Maotai falling 2.77% and 1.81% respectively.
After the end of this week's trading, the reduction in positions and the pullback in liquor prices caused Junshi No. 2's position to drop to 1.998 billion yuan, but there was a certain increase in funds.
The overall scale is still rising slowly, reaching 6.275 billion yuan, with a net value rate of 4.4919, an increase of less than 34 million yuan compared with last week.
With a weekly increase of 0.5%, Junshi No. 2's performance has once again puzzled the market. Since it was opened for subscription, Junshi No. 2's performance remains a mystery.
According to market analysis, although the index performed relatively poorly this week, there are still opportunities. Even if the direction is wrong, Junshi No. 2 cannot control the changes in its positions within such a small range.
But considering the performance last week and this week, Junshi No. 2 does not seem to be reducing its holdings on a large scale, and the probability of being short is even less likely.
Last week, Junshi No. 2 responded to the outside world's concerns about Gu Junhao's lying flat and his inability to operate a fund with a capital scale of more than 5 billion yuan through a sharp increase in its net value.
Although the net value of Junshi No. 2 has not changed much this week, no one in the industry is questioning this anymore.
After some analysis and speculation, everyone suddenly had a very absurd feeling, and felt that Junshi No. 2's performance was intentional by Gu Junhao.
This feeling is extremely absurd, but no matter how you analyze it, the theory behind its existence is still supported. Even if it is operated at a low position, the current scale of Junshi No. 2 is definitely more than 1 billion yuan.
It is also quite difficult to control holdings with a market value of more than 1 billion within a very small or relatively large range.
It is a bit scary to control the increase of such a large position. This is not only a problem of position management, but also involves the issue of stock selection.
"It's impossible to hold a single stock, but how did this guy manage to control the rise and fall of the fund within a certain range while holding multiple stocks?"
"Does he know which stocks will rise and which will fall this week, and then do it deliberately?"
"That's nonsense. How can you select stocks on a weekly basis? It's impossible to select stocks on a monthly basis with such a large amount of funds. You must have built up the positions beforehand."
"Oh my god, that's even scarier. After the warehouse is established, the funds can be controlled within a certain range after they arrive. This weird."
"He definitely built up his position in advance. If you look at the Longji shares in his personal account, he built up his position along with the national team at the time. I think the positions in Junshi No. 2 must have been built at that time."
"Take out the word 'think'. This guy participated in the rescue of the market and bought a lot at that time."
"The key is that this guy can control the changes in the net value of the fund. Who can do this? And he built a position several months in advance."
"Evil, really evil. What kind of feng shui is this in Yong City? When one evil person goes in, another even more evil person comes out."
"No, no; I'll just fight for second place and leave the first place to this kid."
"I really want to know which stocks this guy holds. Unfortunately, even when Junshi No. 1 was liquidated, he refused to disclose his holdings at that time."
"This kind of person should be handed over to GJ, who should be allowed to manage public funds. At that time, he would have no choice but to disclose his holdings, unlike now, when everything is done according to his wishes."
"What's going on? Are you going to buy it with him or stop him?"
"What are you thinking? Can't I just subscribe to his fund?"
"Haha, Junshi No. 2 was open for subscription at that time, why didn't you apply for it?"
"I don't have the money. I can't come up with 5 million. Besides, it would be too embarrassing if word got out that I was collecting contributions from others like ordinary investors."
"Haha, I have the same idea as you. It's not that I don't have money, I'm just afraid that it will be too embarrassing if the news gets out."
"Now I think about it, I feel a little regretful. With his ability to control the net value of the fund, it would have been better if he had subscribed to it. It's better to make money than to lose face. And if necessary, I can redeem it and mess with him."
"Vile, vicious, very vicious, but I admire you."
…
On December 14, Vanke's trading volume continued to shrink to 2 billion yuan, with a daily increase of 0.9%. The stock price rebounded above 20 yuan to 20.08 yuan.
Today, funds that are looking for profits are relatively cautious. This is all because Baoneng will be able to buy shares of Vanke again tomorrow, and funds from all sources are in a state of waiting and watching.
Of course, the transaction volume of 2 billion is also not small. There is still a part of funds that choose to enter the market to take a chance, just like a bicycle turning into a motorcycle.
Today, Gu Junhao also did not choose to reduce his holdings, but just let Cao Wenxun do the T on his own. At present, he is still bullish on Vanke's stock price.
Let’s wait until tomorrow to talk about everything.
December 15, Tuesday, marked the beginning of the last half month of trading in 2015; for the entire half month, all the focus of A-shares has been on Vanke.
The recent period can be said to be the most glorious moment in Vanke's history. Even though it experienced several placards during the stock market crash, everyone was licking their own wounds at that time.
In addition, at that time even Vanke’s management thought that Baoneng’s stake was raised only in response to the call of the CIRC to rescue the market, and they did not realize the danger.
At 9:25, the call auction ended and Vanke opened at 19.60 yuan, 2.45% lower. This was the third consecutive trading day that Vanke opened lower.
This is very consistent with the habits of hot money and institutions. While opening low in the morning to lock in part of the profits, the market will then use the rise during the trading session to attract retail investors.
It has to be said that since the 10th, retail investors' enthusiasm for Vanke has gradually increased, and Gu Junhao's main energy has also been focused on Vanke in the past few days.
It is obvious that the number of buy and sell orders below 100 lots in Vanke's recent trading market has increased significantly, and even the turnover rate has increased to a certain extent recently.
At 9:30, trading officially began, and Vanke's stock price rose sharply without any signs of falling back. Within tens of seconds, the stock price went straight to the 20 yuan level.
Trading is very active, and the opening price is the lowest price of the day, which fully demonstrates that there is not much divergence in funds today and everyone is bullish.
At 9:35, Vanke's share price was 20.33 yuan, up 1.25%, or nearly 4%. Ten minutes later, the share price once again broke through 20.50 yuan, approaching Gu Junhao's psychological price for reducing his holdings.
"Let's see how it goes. As I said before, we should try to sell it while keeping the market value at around 600 million yuan. I don't know if Baoneng will take action today."
"I understand, but hasn't it been rumored these past few days that Bao Neng has no money? Will they still buy it?"
"That's hard to say. Their poverty is not the same as that of ordinary people. They will eventually get it."
"That's right, but why did Mr. Gu start reducing his holdings now?"
"That's normal. Bao Neng is aiming for controlling rights. Even if he doesn't cooperate with anyone, if he increases his holdings by himself, it will only be less than 10%. Based on previous purchases, it will probably be around two and a half daily limits."
After a pause, Gu Junhao continued, "It is obvious that according to optimistic estimates, if Baoneng gets the controlling shares, it will only take less than three daily limit increases, so Baoneng's efforts to boost Vanke's stock price have entered a period of stagflation."
"As for the defending party, the share price difference is too big. They didn't want to buy at the low price before, and now the price is high, they will not buy it either. They still want to seek cooperation with third-party funds."
"To some extent, they even want to drive down the stock price. After all, Baoneng's leverage ratio is still very high. They may not be able to bear a few limit drops, and they will have a headache when the time comes."
There is no need to say more about the rest. I believe Wang Ruoyu and others can also understand that based on this judgment, it goes without saying that Vanke has started to reduce its holdings at this point after a round of wool-pulling behavior.
At 10:15, Vanke, which had pulled back to its original position, began to rise again, and the trading volume began to gradually increase, and it seemed that new funds were entering the market.
20 minutes later, Vanke's share price was 21.46 yuan, up 6.87%, and also set a new high for the year. Within these 20 minutes, Vanke's trading volume increased significantly.
"Haha, could it be that Baoneng is buying again? He started buying as soon as the ban was lifted?" Looking at the explosive transaction volume, Gu Junhao said with a smile.
In this life, I participated in the entire battle for Vanke's equity and invested a huge amount of money. The off-market news was unpredictable and the stock price fluctuated greatly, which was quite exciting.
In fact, based on Vanke's nearly 12 billion shares, Gu Junhao's 550,000 shares at its peak were not a small number, and he was a considerable force in the total share capital.
After half an hour of explosive volume, the trading price did not rise to the daily limit as retail investors had expected when they entered the market. Instead, the stock price fell step by step.
At the midday close, Vanke closed at 20.98 yuan, up 4.4%, and its trading volume was infinitely close to yesterday's full-day trading amount.
When the market opened in the afternoon, Vanke's stock price fell again step by step as it did on the 10th. By two o'clock in the afternoon, the stock price fell to 20.42 yuan, and the increase fell back to 1.69%.
Just when everyone thought that today was another day of rising and falling, Vanke's trading situation suddenly changed and the stock price was quickly pulled up.
The trading volume increased again, but it was much less than that in the morning. At 2:30, Vanke's share price was 21.40 yuan, and then fell again.
Vanke closed at 21.08 yuan throughout the day, and today's trading volume increased to around 4 billion yuan, up 4.98%.
On December 16, Vanke reported its biggest drop since December 9, down 4.22%, with its share price falling to 20.19 yuan. At the same time, its trading volume also shrank to 2.4 billion yuan.
On the evening of December 16, Vanke’s announcement once again sparked public opinion. The Baoneng Group has spent approximately 5.25 billion yuan to continue increasing its holdings in Vanke A for two consecutive transactions.
As of today's closing, the Baoneng Group's total shareholding in Vanke has increased to 23.52%!
