Chapter 469: How Monster Stocks Are Formed
"Sister Zhang."
Li Xinyu was dressed very formally today. The small suit matched with her neat short hair made her look very capable.
She ran over in her high heels and greeted Zhang Yiru and others.
Documents often need to be delivered to Gu Junhao, and Gu Junhao's family is quite familiar with this assistant.
"Xiao Li, have you seen Old Huang?" When Qin Ruolan saw Li Xinyu, she asked whether Aunt Huang from the welfare home had arrived.
Today, Gu Junhao also invited Aunt Huang and sent a driver to pick her up in person. Some children from the welfare home also went with them.
Aunt Huang is not only here to visit, she will also organize a fundraising event for the welfare home during the charity banquet.
"We're here. Aunt Huang and the kids are looking around. I'll take you to find her."
"Okay, you take my wife and my mom to see Aunt Huang and take a look around. Dad, let's go to my office and sit for a while."
Afraid that Zhang Mingde would feel uncomfortable being with a group of women, Gu Junhao took the initiative to invite him.
"Okay then, let's go to your office and have a cup of tea." Zhang Mingde said with a smile. Xiao Gu's suggestion was quite good.
"No problem. A boss gave me some good tea. You can try it."
After entering the office, the two sat on the sofa. There was a complete set of tea sets here, and Gu Junhao began to make tea for Zhang Mingde.
After a few years, Gu Junhao has become very skilled in making tea.
I no longer feel the strangeness I felt when I first went to Xushen Group.
Zhang Mingde nodded slightly. Zhang Mingde was busy with teaching tasks and Gu Junhao was busy with business. The two of them rarely had the opportunity to sit alone and drink tea like this.
"Not bad, good tea." Zhang Mingde took a sip of tea and said.
"Do you smoke, Dad?" Gu Junhao doesn't really like drinking, but he is a heavy smoker.
"Have one."
Holding a cigarette, Zhang Mingde looked at Gu Junhao with satisfaction and said with relief: "You are now successful. You have achieved wealth and status that ordinary people cannot reach at a young age. What's rare is that you haven't developed any bad habits. This is very good."
Then, Zhang Mingde said earnestly: "However, it is better to smoke less, your health is important."
Zhang Mingde also knew a little about Gu Junhao's smoking addiction; Zhang Yiru was quite critical of this and thought that Gu Junhao was ruining his health.
"Okay, I'll try my best to control it." Gu Junhao responded with a smile.
The habit of smoking is somewhat influenced by his previous life. In his previous life, Gu Junhao could basically consume at least a pack of cigarettes a day by himself.
I used to smoke occasionally in my previous life, but after I picked it up again, I smoked more and more.
But it is still better than in the previous life, because I am not as idle as in the previous life, so I naturally smoke less.
It was a rare opportunity for the father-in-law and son-in-law to have such a chat, and Zhang Mingde expressed his inner feelings one by one. During this time, except for Lu Sheng coming over to bring them some fruit snacks, no outsiders disturbed them.
Lu Sheng is now Li Xinyu's secretary. Old Lu's family education is quite good. After this girl had some experience in the early stage of joining the company, she joined the secretarial team formed by Li Xinyu.
Her anxious temperament had been worn away, and she worked diligently and carefully, so Gu Junhao made her Li Xinyu's secretary.
As long as he has the ability to handle the job, Gu Junhao doesn't mind using back doors and favoring people based on personal connections. This happens in every company.
More than an hour later, Zhang Yiru and others came to Gu Junhao's office after the visit; with more people, the office became lively.
Gu Junhao chatted with her for a while and then handed the matter over to Zhang Yiru; he had to prepare for another interview later.
After giving birth, Zhang Yiru rarely went to work at the bank and has now quit her job.
Given Gu Junhao's current status and position, it would be somewhat embarrassing for Zhang Yiru to continue working in the bank.
Nowadays, Zhang Yiru's relationship is linked to Junyi Investment Management Co., Ltd., a company jointly owned by the two. This company has almost no specific business except equity management.
Junshi Capital, Junyi Investment and Junshi Fund have now officially moved into Junshi Building. If there is any need, Zhang Yiru will also work here.
When the children grow up a little, we will set up a family trust institution similar to a family trust and hand it over to Zhang Yiru to manage. This way, they will have something to do and life will not be too boring.
"It's almost time to build a position in Nvidia." After a busy day, Xu Jianqing came to ask about Nvidia's plans for this year.
I haven't done much proprietary trading in US stocks this year, and my positions have been very low. 2018 can be said to be the most turbulent year for US stocks. The President tweeted from time to time, causing unrest in the country.
Gu Junhao had a deep understanding of this in his previous life. If this happened from time to time, the stock market would be in great turmoil.
Unlike A-shares, there is almost no better way to make profits from A-shares except unilateral long positions. When the policy bottom came out in October, Gu Junhao could decisively choose to go long.
But there are too many ways to make profits from US stocks, so even if Gu Junhao knew the future trend of these technology stocks, he did not dare to buy large amounts in the turbulent environment.
Now that a year has passed, the market has basically become accustomed to the President's tactics. 2019 will be better, and the Federal Reserve's interest rate hike at the end of the year will also be officially implemented.
Therefore, it is time to buy the bottom of several major technology stocks in Migu again. In the past year, the accounts that bought Migu in Junshi’s proprietary trading have been tested and immersed, and the security issues can be basically guaranteed.
Since Nvidia hit bottom at around US$124 on the trading day before Christmas, it has rebounded for several consecutive trading days and its stock price is currently around US$135.
Technology stocks such as Tesla and Apple are currently at a relatively low level, and the pig factory's stock has also fallen to around US$200.
It is time to start adding positions in these stocks. The pig farm will have a huge performance explosion around 2020. This time, Gu Junhao plans to buy some pig farm stocks.
If we really talk about the prices of Chinese stocks among US stocks, probably only pig factories can remain prosperous. In fact, some stocks are basically only popular for a period of time.
Among the domestic Internet companies, the only one that has not encountered any major problems is probably NetEase, which has been making games in a very low-key manner.
A company whose founder does not cause trouble and has strong main business performance is actually a better company.
…
Wednesday, January 2, 2019.
The Shanghai Composite Index, which failed to regain the 2,500 point level before the New Year, suffered another blow. The Shanghai Composite Index, which opened high and closed low, fell again by 1.15% on the first trading day of the new year.
The Shanghai Composite Index closed at 2465.29 points, and the ChiNext Index closed at 1228.77 points, with a daily decline of 1.74%.
The Shanghai and Shenzhen stock markets have moved one step closer to the previous policy bottom. After two months of hard work, the Shanghai and Shenzhen stock market indices have almost returned to their original points.
On the first trading day of the new year, both the Shanghai and Shenzhen stock markets plummeted. It has become a market consensus that the two markets are exploring the bottom.
Since the stock market crash in 2015, various rescue policies have been launched, and the market has subsequently made proactive adjustments. Terms such as policy bottom and market bottom have become deeply rooted in the hearts of investors.
No matter how policy-driven the market is, it must be recognized by funds. After the policy comes out, funds recognize it and buy in one after another. This is the bottom of the market.
Once the funds do not recognize it, it is not the real market bottom. At most, it is just a high rise and then a fall.
Dongfang Holdings, whose stock price doubled in December, hit the daily limit . The stock price has reached a high of 12.62 yuan, which is more than three times higher than the low point.
Whenever the index falls sharply, this kind of monster stock will come out to stir up trouble, and it is the same today.
What’s even more frightening is that even though Oriental Holdings has risen more than three times, it has not deviated too far from the five-day line and its trend has not been disrupted at all.
Unlike another stock that has been under continuous supervision, Bei Gaoxing, the main force of Dongfang Shares in raising funds seems to be much smarter.
After rising two or three daily limit ups, the stock price would adjust for a few days, but Shibei Gaoxing kept hitting the daily limit.
It has to be said that the main capital understands the rules.
On Thursday, January 3, the Shanghai and Shenzhen stock markets continued to fall. Dongfang Holdings, which fluctuated by nearly 16% throughout the day, rose for four consecutive days for the first time, and its trading volume approached the 2 billion mark.
Since its stock price has skyrocketed, Dongfang Holdings has issued a series of announcements on abnormal fluctuations in stock trading, saying that the company has little connection with 5G and currently has no specific business.
However, the market was not grateful, and the company's repeated denials had little effect, and the stock price continued to rise.
2018 can be regarded as the first year of the 5G concept. The subject matter is novel and the imagination space is large enough.
Since the leading stocks and mid-cap stocks in the concept sector are greatly affected by the overall market index, and market sentiment has not faded, a hype window is needed to vent.
At this time, Oriental Shares, which has the concepts of communication equipment and state-owned enterprise reform, a circulation market of less than 5 billion yuan before the surge, highly concentrated chips, low stock price and small market cap, naturally came into the sight of hot money.
When the rise of the weighty sector is not sustainable, market sentiment remains, and low-priced stocks gradually become the direction with the least negative force in the market, resonating with the theme and becoming the main driving force behind the recent continuous surge in Oriental shares.
Just like Home De Lisboa Holdings back then, with similar concepts, similar circulating shares, and the same low stock price.
The routine is still the same routine, the substance remains the same.
Looking at all the monster stocks, the logic of speculation is actually similar: "big theme + moderate market cap + hot money driving".
Among the enterprises that meet these conditions, central state-owned enterprises and local state-owned enterprises are often more popular (such is the case with Hangzhou in May this year).
To sum up, it is nothing more than a bad market environment, large-cap stocks have no room to play, and short-term funds need a window to vent.
Where there is demand, there will naturally be a market; this is one of the reasons why Dongfang Holdings’ stock price continued to soar even though it repeatedly denied that it had no 5G-related business.
In the game of passing the parcel, if the market and the main capital say you have it, then you have it!
