Chapter 402: Meeting the Shanghai Gang Again
"Have you completed the reduction of holdings in Dingtai New Materials?" Gu Junhao asked Liu Tingting after the market closed.
"Well, according to your request, boss, we have already reduced our positions. With such a large trading volume today, our small amount is not a problem." Liu Tingting nodded.
There were no highlights in today's trading, with the ChiNext even closing down 0.75%. Except for new stocks and gold, military industry, liquor and other sectors that performed well, the rest performed generally.
After resuming trading, Dingtai New Materials' stock price rose by more than 2 times, reaching above 50 yuan. After fluctuating to 51.15 yuan this morning, it began to fluctuate downward in the afternoon.
Gu Junhao, who had not entered the trading room for a month, gave the first instruction today to reduce his holdings in Dingtai New Materials by 26,000 lots, reducing his position to 20,000 lots.
From a long-term perspective, the position of Dingtai New Materials is definitely not at 50 yuan, but 11 consecutive flat boards and 14 daily limit boards have also accumulated countless profit-taking.
Most of the holders in the market will definitely have the need to lock in profits and exit. Although I can’t say anything else, Gu Junhao is sure that the national team will definitely reduce their holdings.
A more than 2-fold increase in one month is more than just a way to unwind the market. Calculated based on the price before the ex-rights price, the share price of Dingtai New Materials has reached 100 yuan.
Even if calculated based on the highest price in 2015, the national team has made considerable profits, and there is no doubt that they are reducing their holdings.
In other words, the first round of speculation on Dingtai New Materials has entered a pause stage. What may follow is a long period of sideways adjustment at a high level, and then a second round of speculation with the help of news.
This is also in line with the usual idea of hyping up individual stocks through backdoor listings.
In this case, Junshi Price Investment can naturally also reduce some of its positions and look for other investment opportunities.
And this opportunity is the resumption of trading of Vanke A!
Junshi No. 2 has increased its holdings. There is no reason why Junshi Value Investment would miss this rare opportunity.
The battle for equity has lasted for more than a year, and Belt has not yet entered the game. Vanke A still has an opportunity for a big hype.
"There is one more thing. Keep an eye on the emperor these days and prepare to clear him out." Gu Junhao said to Liu Tingting again.
"Okay, got it. I'll check the situation tomorrow and get rid of him." Liu Tingting nodded.
After last month's rally, Huangshanghuang hit the daily limit on June 30, and then on July 1, it continued to rise with large volume.
The breakthrough and two consecutive daily limit trends occurred during two trading days when the market was sluggish. On July 1, a total of 29 A-share stocks hit the daily limit.
The Huangshanghuang stock, which has been rising for two consecutive days, is naturally particularly attractive and has become the focus stock of short-term traders.
By the evening, the reason why Huangshanghuang started to rise for two consecutive days was finally found. Huangshanghuang, which did not carry out high dividends and share transfers in the annual report, finally could not bear the excitement brought about by the high dividends and share transfers before the semi-annual report.
The announcement shows that Huangshanghuang plans to give 5 for every 10 shares and transfer 25 shares, and distribute 1.25 yuan in the first half of the year.
Such a large dividend payment and the strange two-day winning streak made Gu Junhao a little alert. It would be better to withdraw from this stock early.
You should know that this stock had a very beautiful trend before it rose for two consecutive days. From May 31st to June 30th, the cumulative increase was more than 45%.
Among them, small positive lines are the majority, and the daily turnover is around 2%, which is obviously a state of accumulation.
On July 1, the turnover of Huangshanghuang suddenly increased to 24%. Today, Huangshanghuang, which rose by 4.69% and whose share price was 58 yuan, also had a turnover of more than 17%.
I kept it before because its trend and performance, after research, were relatively in line with expectations, so I was not in a hurry to sell it.
Gu Junhao was originally optimistic about the annual report market where there would be no high dividends and bonus shares. He did not expect that the interim report would have such a large dividend and bonus share.
Sure enough, the newly listed stocks could not escape such a fate after all.
The sudden increase in turnover and trading volume also means that the emperor has entered the stage of exchanging shares at a high level.
Currently, Junshi Capital holds 7,000 shares of Huangshanghuang. Fortunately, the shareholding is not large and the purchase was made before the research, and there has been no contact with the company since then.
As of today, its market value is only about 40 million yuan, so it is better to sell it off and stay away from trouble.
It just so happens that the market value after liquidation can also be added to Vanke A.
On Tuesday, July 5, Vanke A continued to open at the lower limit price, with the share price at 19.79 yuan, and the orders on the lower limit board were still very large.
"I don't know if Baoneng will take action today. If it goes on like this, we will have to add more margin." Gu Junhao smiled as he looked at the share price of Vanke A.
At 9:30, the transaction officially started, and Vanke A's transaction volume was nearly 200 million yuan, which was a significant change compared to yesterday.
However, compared with the orders on the limit down board, the volume of 200 million is a drop in the bucket and is completely useless.
Huangshanghuang, which rose by more than 4% yesterday, opened slightly lower in the morning today and then quickly rose. Half an hour later, the share price had risen by nearly 4% to 60.31 yuan.
At 10:11, the share price of Huangshanghuang was 62.97 yuan, up 8.57% on the day. The trading volume remained relatively stable at this time.
"Wait and sell. It seems that there are signs of a daily limit. Let's see if there is a chance to close the board later." Gu Junhao said to the trader.
After 30 minutes of fluctuations, at 10:41, Huangshanghuang's stock market moved abnormally, and more than 130 million yuan of buy orders pushed the stock price to 63.80 yuan.
However, the closing order did not increase accordingly. After another 10 minutes of fluctuations, the buy orders on the emperor's board gradually increased.
At 10:54, Huangshanghuang closed the board again, with the orders on the board exceeding 300 million yuan.
"Sell it, clear all 7,000 lots at once." Gu Junhao said to the trader.
Following Gu Junhao's order, a column with a trading volume close to 50 million yuan immediately appeared on the intraday trading column, and Junshi Price Investment's 7,000-hand position was also cleared.
With 7,000 shares of Emperor Emperor, a total of 44.66 million yuan was recovered. It was as simple as that to create more than double the profit through a high dividend and bonus issue.
The high bonus and share transfer market between 2014 and 2016 was truly crazy. No matter what kind of stock it was, as long as it was caught up in the high bonus and share transfer concept and with the cooperation of on-site funds, there would be no bottom line in the speculation .
By reducing holdings in Dingtai New Materials and clearing out holdings in Huangshanghuang, the two stocks brought in a total of more than 170 million yuan.
Gu Junhao plans to use the 170 million yuan in Vanke A, but today is not a good time to buy.
After a purchase of nearly 200 million yuan in the early morning, Vanke A once again entered a stable state and the trading volume did not increase much. It is obvious that Baoneng has not yet made a move.
The second wave of speculation is not as smooth as the first wave, so there is no need to rush to buy.
In past memories, many retail investors did not dare to buy in the first wave, but after the second wave they felt that the opportunity had come and they could buy at the limit down and wait for the price to rise to maintain its momentum.
As a result, most people ended up selling at a loss, and the stock price trend was not as smooth as in the first wave.
What Gu Junhao didn't know at the time was that the one-time liquidation of 7,000 lots by Huang Shanghuang just now also made many retail investors who were paying attention to Junshi Price Investment question whether this was Gu Junhao selling out.
This volume is almost exactly the same as the list of top ten shareholders announced by Junshi Investment and Huangshanghuang in the first quarter.
At this time, this issue was being discussed in the Emperor’s comment section, which also caused many retail investors to not dare to buy the stock.
As Gu Junhao dumped the stock, Huangshanghuang's stock price was lifted again less than 10 minutes after it was capped. Since then, the stock price has fluctuated at a high level between 8% and 10%.
It was not until 1:30 p.m. that Huangshanghuang closed the board again, and it did not open again until the close of today.
The daily amplitude of Huangshanghuang reached 10.78%. Even after such a huge shock at a high level, the trading volume and turnover rate still showed a significant decline.
The total transaction volume of Huangshanghuang was 1.04 billion yuan throughout the day, with a turnover rate of 14.81%, which was a significant decrease compared to yesterday. For July 1, it dropped by nearly 400 million yuan.
For three consecutive trading days, the stock price continued to hit new highs, but the trading volume decreased day by day, and both the volume and the stock price were in a state of top divergence.
However, Vanke A, which had a very stable trading performance throughout the day, suddenly moved in the last 15 minutes of the closing, with nearly 2.5 billion yuan of buying volume. Unfortunately, the stock price still failed to break the limit.
The total transaction volume of Vanke A was 3.94 billion yuan throughout the day. Who else could have bought nearly 2.5 billion yuan except Baoneng?
For a while, everyone was looking forward to Vanke’s Dragon and Tiger List today and the evening announcement.
At 5:30 p.m., the Dragon and Tiger List of the Shanghai and Shenzhen Stock Markets was announced, and Vanke A and Huangshanghuang were both on the list.
The No. 1 seller on the Emperor’s Dragon and Tiger List is Junshi Investment’s institutional seat. Although it is an institutional seat, both the holding volume and the selling amount point to Junshi Investment.
Never underestimate the keen perception of those short-term traders. Although the institutional seats do not show which company they belong to, they cannot deceive many people.
Even some retail investors with smaller funds will have this awareness if they do short-term trading for a long time.
"Damn it, I got cut by this guy again. I thought he left a long time ago. I didn't expect he could be so patient."
"It's most likely this guy. Now there will be fewer people to take over. It's really a bitch to use institutional seats to reap the spoils from us."
"The ghost is still hanging around. It's a bit too much to pick our peaches from the bull market to the bear market!"
"We are all in the Huntao Stock Forum, is it necessary to be so excessive? You have doubled your profits, can't you just sell it in a few days?"
As soon as the Emperor's Dragon and Tiger List came out, several speculators in the trading room could not help but curse at Gu Junhao.
It is a very coincidence that among these hot money, except for the one at Caitong Securities on Renmin Middle Road in Shaoxing, the rest are all seats of the Shanghai Gang.
These hot money seats have attracted Gu Junhao's attention since they appeared on the Dragon and Tiger List on July 1, and he is bound to pick peaches again.
To Gu Junhao, a person from later generations, the current playing style of hot money is still very crude.
It is nothing more than a few hot money investors cooperating with each other and using the influence of their seats. Today you sell and I buy, tomorrow I buy and you sell. Through this process, the chips are gradually sold to retail investors.
This is also one of the reasons why, although the volatility of Huangshanghuang has been increasing for three consecutive trading days, the daily trading volume and turnover rate have gradually decreased.
This kind of strategy is indeed popular nowadays. Although the myth of hot money has not been shattered, in the future, no amount of money will be enough to cover their losses.
The leeks in later generations are not as easy to deceive as they are today. Even if they pay attention to your seat, they will only use it as a reference to learn your operating methods.
It’s not that easy to get them to take over.
