The Road to Rebirth Finance

Chapter 259 The Power of Faith (Two in One)

In the afternoon trading, Tong Huashun, which fluctuated at a high level, temporarily closed its board at 13:10 until 13:15; afterward, Tong Huashun, which opened its daily limit, once again fluctuated sideways at an increase of more than 8%.

Tong Huashun, who was fluctuating at a high level, did not last long. At 13:51, with the support of two funds of nearly 3000 million, Tong Huashun once again closed the daily limit.

With more than 5 closed orders on the board, Tong Huashun's stock price temporarily calmed down, at 27.75 yuan. Tong Huashun, who was closed again, still couldn't last long. At 13:59, the situation on the board suddenly changed.

A single sell order of 11528 lots quickly dropped Tong Huashun at the daily limit price to 27.36 yuan, an increase of 8.44%. This is the largest single escape of Tong Huashun today.

"Is there any funds to escape, or is it a high position for a bargaining chip?" Looking at Tong Huashun who opened the board, Gu Junhao thought thoughtfully,

Thousands of large orders were smashed, and the GEM index opened high and went low throughout the day, but they failed to bring about the trend of Bengtong Huashun. It was still above 27 yuan, and the buying was also very active.

At this time, Yin Zhijie also ended his intraday high volatility state, and the appearance of a big buy order raised Yin Zhijie to 30.55 yuan, an increase of 10.01% within the day, and the daily limit sealed order funds exceeded 3 million yuan.

The full return of strong small and medium-sized enterprises has formed a strong contrast with the downturn of the ChiNext index; at this time, the ChiNext index stopped falling by more than 0.7%.

So far, the GEM index has fallen to around 1506 points, a drop of nearly 1%. While big funds are attacking heavyweight stocks, they also do not forget small and medium-sized stocks with better growth.

At 14:15, Tong Huashun reported an increase of 27.75 yuan again. There were not many big orders on the board, and the stock price was miraculously fluctuating back and forth between 27.75 yuan and 27.74 yuan.

"Accumulation on the board? Is the willingness to be bullish so strong?"

This kind of trend is between the closed board and the broken board. Most of the outflow funds are mainly small and medium orders, which cannot be shipped. up.

While Gu Junhao was staring at the constituent stocks of the GEM that he held, Wu Peng was also earnestly doing T. Wu Peng's style of doing T was different from Gu Junhao and others.

With a large amount of funds and a large amount of positions, Wu Peng will choose multiple T operations, like a robot, continuously buy and sell T, and earn profits from it.

Today, Zhongguo Communication Construction fluctuated by more than 7%, and the transaction volume was very large, which also made Wu Peng T feel comfortable physically and mentally, completely immersed in the fun of trading.

At this time, Zhongguo Communication Construction was in the downward trend of shocks, and the stock price was reported at 6.77 yuan, which was in the shock range below the daily yellow average price, and it was only 0.02 yuan higher than the opening price.

"It's almost there. There should be another chance for the second and the first." Wu Peng thought to himself, today he mainly maintains the opening price to do T, and only requires a profit of more than 2% for each transaction. Highest and Lowest.

As for whether to buy first or sell first, these Wu Peng will decide on the specific volume and trend of the concept plate, and there is no fixed pattern.

Wu Peng's operation method, relatively speaking, has very high requirements for disk sense, hand speed and trading quality, and also has high requirements for psychological quality.

In stock trading, there is a saying that you do more and make more mistakes. Gu Junhao's principle of doing T is to only do it once a day. Although many opportunities will be missed in this way, the same risk is much smaller.

And like Wu Peng's method, as long as he makes a few mistakes in a day, it will greatly affect his mentality. At the beginning of his career, Wu Peng also grew up in the process of constant trial and error.

But now, Wu Peng has become accustomed to this trading mode, and his winning rate is still very good. This is also his ability to survive in the financial market.

At the close of trading at three o'clock, Wu Peng ended the last transaction of the day. At the end of the day, the half position was close to 6000 million yuan in chips. Wu Peng really managed the rotation and maintained a certain profit.

There are countless traders like Wu Peng among the institutions holding positions in Zhongguo Communication Construction; Zhongguo Communication Construction's high turnover rate of 22.5% can also prove this point from the side.

Throughout the day, Zhongguo Communications completed a turnover of 20.5 billion yuan, an increase of 4.8%. The stock price closed at 6.98 yuan. At the close, Zhongguo’s highest price today did not break through the highest price of the previous trading day.

Zhong Guo Yizhong’s performance today is also relatively average. In Gu Junhao’s view, the adjustment of the weight of the Zhong prefix is ​​far from over, and the Shanghai Composite Index is facing the highest position since 2008. The pressure is still quite obvious.

After trading throughout the day, the Shanghai and Shenzhen stock markets performed differently, and a large amount of funds poured into heavyweight stocks, causing the Shanghai Composite Index to rise sharply by 2.30% today, constantly refreshing the high point position since this round of rebound.

At the close, the Shanghai Composite Index closed at 2473.67 points, just one step away from the highest point since 2008 at 2478.

The GEM index opened high and moved low throughout the day, showing a weak and volatile pattern, and finally ended the first trading day of this week with a 1514.82% drop at 0.51 points.

For the three GEM stocks that Gu Junhao was concerned about, Dongfang Wealth fell behind in the afternoon and plunged; while the other two, Tong Huashun and Yin Zhijie, both closed at their daily limit.

Tong Huashun, who had been doing badly all day, finally ended today's trading with the daily limit. Yin Zhijie's performance after the daily limit was stronger, and he only opened once during the session.

With such a performance, Gu Junhao is really looking forward to tonight's Dragon and Tiger Ranking, especially Tong Huashun, who has shown such a strong performance without any favorable conditions.

Gu Junhao wanted to know where the funds came from, so he was so determined that he didn't hesitate to buy Tong Huashun by collecting money on the board when the big order hit the market.

In terms of style, it doesn’t look like hot money. Hot money is used to quickly closing the board after hitting the board. It is not uncommon for this kind of behavior to continue to rot, but it is usually when there is a large amount of money to hit the market.

For Tong Huashun, whose fleeing funds and trading volume are not particularly high today, if hot money dominates the market, there is no need to use this mode of operation.

The hot money will even pull the board directly after a slight correction of 9% in the morning, and then block it for a day with a large order.

After the market closed, a resumption meeting was held as usual, and the five of them summed up the trends of the two markets today; afterward, Gu Junhao also chatted with Wu Peng and asked him some questions about his work experience today.

"It's very novel. The way Mr. Gu gets along with Team Leader Xu and the other two is very novel to me." Wu Peng said bluntly.

Then he continued: "I haven't traded for almost three months. On the first day, I ran into such a high-volume stock operation as Zhongguo Communication Construction. It was very enjoyable."

"Haha, it's nothing, just wait until you get used to it. There are differences between bosses and employees at work, but there is no distinction between superiors and inferiors in transactions." Gu Junhao also replied with a smile.

"Mr. Gu, do you want to see my delivery order? It's the first day of work today, please correct me if there are any deficiencies." Wu Peng said very politely, if traders can't create profits for the company, there is no need for them to exist. up.

Regarding this point, Wu Peng knew it well, it was impossible for Gu Junhao not to pay attention to it.

"Well, I will read it." Gu Junhao nodded, and then continued: "The transaction is over, there is nothing important today, if you want to leave work early, you can go back, if you want to know something about the company, let Xiao Xu can lead you around the company."

"Okay, then I'll trouble Team Leader Xu." Wu Peng also said smoothly. He really should have a certain understanding of the company.

"Xiao Xu, show Brother Peng around the company." Gu Junhao shouted at Xu Jianqing, this guy was no less familiar with the company than he was.

"Okay, no problem, Brother Peng, come with me."

After Xu Jianqing took Wu Peng out, Gu Junhao also checked Wu Peng's delivery note. This was the real interview, and he opened Zhongguo Communications Construction's today's transaction details.

A row of buying and selling came into Gu Junhao's eyes. Seeing these, Gu Junhao couldn't help laughing. This kind of trading style is the first in Junshi Capital.

However, this is considered normal behavior. Apart from personal style, a trader's KPI is directly related to trading volume and profit. Unlike Xu Jianqing and the others, a senior trader like Wu Peng is obviously more interested in his own performance .

Gu Junhao understands this kind of behavior very well. It is understandable that everyone comes out to work for a few taels of silver, and uses high-frequency trading to earn more profits to improve their performance and increase their income.

Although his style is completely different from his own, Gu Junhao doesn't care; it's okay to do what he should do within his authority.

As long as it does not affect the fund's holdings and can create profits for the company under this model, it is okay; trading style, it doesn't matter whether it is good or bad, and everyone's trading habits must be respected.

At 05:30, the dragon and tiger list that Gu Junhao was looking forward to was officially refreshed, and Tong Huashun and Yin Zhijie were among them as expected. The first thing Gu Junhao looked at was Yin Zhijie's dragon and tiger list.

Yin Zhijie had a daily limit last week, but he did not make it to the Dragon and Tiger list because he used the card rules. Today’s list also deserves special attention.

For small and medium-cap stocks like Yinzhijie, it is the favorite of hot money; the list of Yinzhijie Dragon and Tiger is still dominated by hot money, but there are also two institutions on the buying table.

The seats dedicated to these two institutions are divided into Yinzhijie Buy 2500 and Buy 3200 seats. The two bought nearly 17.70 million yuan in total, and the hot money for buying [-] seat exceeded [-] million yuan, accounting for [-]% of the total transaction volume.

The number of seats bought was dominated by one, while the top five sold were relatively average. The total sales of the five were 4179.77 million yuan. The net difference between buying and selling on the Dragon and Tiger list today was 4089.61 million yuan, showing a net inflow.

To Gu Junhao, Yin Zhijie sold a seat, which is an old face. It is still Hongling Middle Road, Shencheng, and sold for 1627.96 million yuan.

Ever since Gu Junhao intervened in Yin Zhijie, this seat has always appeared on Yin Zhijie's dragon and tiger list from time to time. Undoubtedly, most of the increase in Yin Zhijie's stock price is subject to the influence of this fund .

Unsurprisingly, this seat designation is one of Yin Zhijie's main funds. Today's sales volume should not be considered a big bargaining chip for him.

Today, Yinzhijie's turnover rate is less than 5%, and Hongling Zhonglu doesn't seem to be selling. Even if it is a dominant player who buys a seat, it should not have much impact on the stock price.

Yin Zhijie's main funds also seem to be a bit obsessive-compulsive. Although the filling of rights is realized by the daily limit today, in the previous upward trend, the trend of a big Yang line with a few small Yin lines has resumed.

Even the way that the card bug did not publish the dragon and tiger list after the daily limit has reappeared, and the obsessive-compulsive disorder is undoubtedly.

Therefore, from this point of view, there is a high probability that Yin Zhijie will not start a new phase of major adjustment plan after filling in the rights like Tong Huashun. The most likely thing is to continue to end the transaction in a cross star situation tomorrow.

Afterwards, Gu Junhao turned his attention to Tong Huashun's dragon and tiger list. Tong Huashun's dragon and tiger list really surprised Gu Junhao.

"It's actually bought by all institutions?" Not only Gu Junhao, but also Wang Ruoyu and Liu Tingting who stayed in the trading room were also surprised.

Generally speaking, such as Yin Zhijie and Tong Huashun are still small and medium-sized start-up growth stocks, it is difficult to attract many large institutions to buy, and some are small private equity funds like Gu Junhao.

The main reason is that the share capital is too small, and the bargaining chips that can be bought are very limited. For large funds, such income is dispensable.

If you earn it, it will not have much impact on the fund's income, but if you step on the thunder, it will be a great damage to your reputation.

Therefore, in 2014, even if the GEM had a big rebound last year, small and medium-sized start-up stocks are not favored by large institutions. Large institutions will use various views such as excessive price-earnings ratios to express their opinions contempt.

But today's Tong Huashun has attracted the attention of so many institutions just like Dongfang Wealth, and the buying seats are all bought by institutions. Although there are two institutional seats above the selling seats, the total of the two is only 1600. About ten thousand yuan.

"It's a good thing that some institutions are paying attention." Gu Junhao said with a smile, so many institutions did not hesitate to use the daily limit to attract funds to buy, and Tong Huashun's stock price should wait for it to take off.

Five institutions bought a total of 1.047 million yuan, accounting for 30.66% of the total trading volume of Tonghuashun today. Today, Tonghuashun is a market dominated by a collection of institutions.

Gu Junhao is also very familiar with Tong Huashun's selling one seat: "Guotai Junan Trading Unit."

Since the beginning of this year, Gu Junhao has encountered Cathay Pacific’s self-operated market among several GEM constituent stocks, such as Dafu Technology, etc. Tong Huashun’s previous dragon and tiger list also has Guojun’s self-managed market.

Guojun’s self-operated market sold a total of 3198.85 million yuan today, but did not buy; the single large order of more than 1 lots in the afternoon was undoubtedly Guojun’s self-operated market.

Gu Junhao couldn't judge whether Guojun's self-operated trading position was cleared, but the traders who came to them probably didn't guess that Tonghuashun had so many institutional buying today.

At this point, Guotai Junan has not yet been listed, and Gu Junhao still has a rough memory of when Guojun was listed.

In June 2015, on the second day of Guojun's listing, after falling from a high of 6, the Shanghai Composite Index, which was weak in rebound, began to accelerate its downward trend.

Someone once said that the bull market in 2015 has two stages. The first one is undoubtedly the peak of the magic car, and the second one has been said that the listing of Guojun can be regarded as the complete end of the bull market.

In 2014, while large institutions did not pay much attention to individual stocks on the GEM, Guojun's self-operated market was deeply involved, and even played a leading role in some individual stocks.

It has to be said that this is also an invisible irony.

On top of Tong Hua Shun's dragon and tiger list, besides Guojun's self-operated market, there is another seat that Gu Junhao is very familiar with; it is listed as the third seller in the Xiahe Road Securities Branch of Huatai Securities.

This is also a hot money seat that has had several transactions with Gu Junhao, from Hailanxin to Tong Huashun; Xiahe Road sold 963.80 yuan today, which is already a comparison for Xiahe Road, which is only about [-] million yuan each time on the list Many were sold.
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Li Ze, a big fan, was very excited today. Tong Huashun's daily limit broke the previous high, making his market value reach 72.15 yuan, and his personal assets reached a new height.

Coupled with today's Tonghuashun such a luxurious dragon and tiger list, institutions will not be quick in and out like hot money, and can make institutions buy at any cost, so the market will naturally not be so simple.

Although Li Ze only added 1000 shares each time to increase his position twice, judging from the subsequent trend, it can be regarded as the lowest point of the stage.

Including the first stud, it was the same. He was able to grasp the low points of each stage, although the last time had an element of anger; Li Ze was also very sober while enjoying everyone's praise.

"If I buy it myself, I will definitely not be able to buy the lowest point. Every time I buy, I only buy after studying Brother T's dynamics."

The first stud was a huge order when Tong Huashun adjusted to the limit after Gu Junhao appeared on the dragon and tiger list. The second time was a mistake. Tong Huashun increased the position due to expected reasons after the high position adjustment.

The third time to increase the position, in addition to being angry with the group of friends, was more due to the sharp increase in the performance of Junshi No. [-], which made Li Ze think that Brother T must have taken a heavy position or even a full position to buy bottoms during this period of time.

Li Ze is still very clear about how much weight he has. There may be a bottom-buying once, but he can copy a certain stock to the bottom of the stage every time; if he has this ability, he will not lose money. .

Even the current belief that can support his holding position all the time comes from Gu Junhao. Before that, he was at the expected price of 26 yuan, and after that, it was the shares pledged by Gu Junhao.

As long as there is no announcement of Gu Junhao's release of the pledge, Li Ze will continue to hold the shares, even if there is the same withdrawal as last time.

"Brothers, this is the power of faith. You have been tossing and tossing endlessly, and you lost money again today, haha."

At the same time that the assets hit a new high, Li Ze did not forget to ridicule that the two cities are severely divided today, and those leeks who generally like to trade in small and medium-sized venture stocks but are afraid of high prices are not rare today.

As the saying goes: "Fear of heights makes people miserable."

Of course, when the leeks are really not afraid of heights, that is when they take over; everything is only due to different perceptions of heights.

"That's right, your brother T is the best, and I haven't seen him share a fortune with you."

"Why are there no points? My Tong Huashun has a market value of more than 70 yuan."

"Okay...you won, but Brother T Tong Huashun should have a market value of more than 4000 million yuan."

"Well, 4312.12 million yuan." Li Ze replied, when he saw his own market value, Li Ze calculated Gu Junhao's market value clearly.

"Tsk tsk tsk, my personal account is more than 4000 million, and the size of the two funds is over [-] million. It is not a small profit to be allocated to Junshi Capital. I am a billionaire at a young age."

The purchase contract clauses of Junshi No. [-] and Junshi No. [-] have been widely disseminated on the Internet, and management fees are not charged for losses. This behavior that violates industry rules has also aroused considerable criticism.

As for the income share after the Junshi No. 2 net worth breaks [-], people with good deeds calculated the income for Gu Junhao when they were free, and many people even commented on the official blog of Junshi Fund to ask Gu Junhao to settle as soon as possible Junshi No. [-].

Because once the net value of the fund exceeds 2, no matter where it eventually rises, it will not have much impact on the share of Junshi Capital, but there is a possibility of falling below 2 again.

With the increase of funds, if you want to continue to increase your net worth, you can imagine the difficulty; instead of this, it is better to settle down directly after breaking 2.

Li Xinyu also gave Gu Junhao feedback on the comments under the official blog, but Gu Junhao just laughed it off; what the netizens said did have some truth, but Gu Junhao naturally did not calculate the net worth of Junshi No. [-] in this way.

The initial scale of Junshi No. 4000 is 8000 million, and after doubling it will be 2 million. Calculating the share will not bring much room for profit to the company, and there are not a few funds with a net worth of more than [-] in the private equity market.

Timely liquidation can only ensure the company's balance of payments in the next few years, but what Gu Junhao wants is to make Junshi No. [-] a fund benchmark for Junshi Capital, and truly achieve blockbuster success.

In this way, even in the subsequent stock market crash, even if the returns of the subsequent funds were average, I had left a paragraph in the capital market that was enough to make people chat after dinner.

Judging from today's trading process, Wu Peng was able to quickly enter the state, which is the biggest gain for Gu Junhao today.

The injection of fresh blood can well share Gu Junhao's work content, and after Cao Wenxun joins the job next week, Liu Tingting can return to Junshi No. [-] trading team.

And Gu Junhao was able to completely let go of his identity as a trader, return to his identity as a fund manager and company founder, and devote more energy to the company's operations.

From Gu Junhao's point of view, the next few years will be a few years with great opportunities. He has made some achievements so far, so he must not stop here.

Today, Junshi No. [-]'s three support positions rose sharply, and Dongfang Fortune's dive in the afternoon also caused Wang Ruoyu to be a little overwhelmed; fortunately, after the other two stocks rose, the amplitude was not too large.

For the three GEM constituent stocks that have already entered the state of promotion, their oscillations are far from comparable to those of heavy weight stocks. It may be difficult to deal with Wang Ruoyu alone.

This is what Gu Junhao realized today. He seemed to have overestimated Wang Ruoyu's hand speed before, but fortunately, he kept the two interviewees last weekend.

(End of this chapter)