The Road to Rebirth Finance

Chapter 303 Dishes in the morning, grinning in the afternoon.

After the market closed today, some media reported that in the bulk trading market, some suspected QFII seats sold the super heavyweight Zhongguo Ping An at a limit-down price, which aroused market concerns about foreign capital leaving the market.

Judging from the market last Friday, the main force behind the decline in heavyweight stocks was indeed some heavily held QFII stocks. Among the top 20 heavily held stocks, only one stock rose slightly today, and the decline is very obvious.

From the perspective of the sector, blue-chip stocks such as banks and home appliances, which are favored by foreign capital, are also among the top losers. The news about the flight of foreign capital has been aroused this weekend.

And now, during the period of the two sessions, there will be some news that has an impact on A-shares from time to time. As a result, the A-share market appears to be extremely unstable. Once there is any disturbance, it will cause panic in the market.

The reason is that the psychology of some investors has been affected. This is also one of the reasons why Gu Junhao believes that once there is less operation during similar large-scale meetings, there are too many market uncertainties, and it is difficult for retail investors to grasp.

In a market that you cannot grasp within a short period of time, it is the best choice to watch more and move less.

On Monday, March 3, in addition to the unsatisfactory news at the weekend, the performance of the overnight market was also worrying. Both the Shanghai and Shenzhen stock markets opened lower; Tong Huashun opened lower, at 9 yuan.

Since the high point of 2 yuan was created on February 17, Tong Huashun has continuously retreated after the Spring Festival. Up to now, the stock price has retreated 92.68% from the high point. The company's outstanding performance reports cannot be blocked.

This performance report, which has not been audited by an accounting firm, is quite eye-catching; due to the continuous activity of the domestic A-share market since the second half of 2014 and the surge in demand for Internet financial services, Tong Huashun's performance and net profit have achieved substantial growth.

But unfortunately, the market did not buy into this outstanding performance forecast as before. The short-term market trend and the high stock price are one of the factors restricting Tong Huashun's rise.

In fact, in Gu Junhao’s view, Tong Huashun and Dongfang Fortune’s performance will really explode in the months before and after the stock market crash. Entering 2015, it can be regarded as the real first year of Internet finance.

For example, Tonghuashun and Dongfang Fortune are many companies that focus on solving the needs of stockholders for stock speculation. The trend of Fortune listed on the Science and Technology Innovation Board in the future is also one of them. The software of these three companies, Gu Junhao, has been using it in his past and present lives.

In addition to these real Internet financial companies, there are also all kinds of hyped companies in the market, such as the concept of fart and fart, all of which are in the limelight for a while, not to mention the universal release of foreign Internet companies.

It is also under such circumstances that the Internet company's reputation is getting worse and worse; in the following years, it even reached the point of shouting and beating at a certain period of time.

However, Internet finance is still under the strong support of policies. As one of the main lines in this round of small and medium-sized entrepreneurial bull market, it is far from the era when everyone shouts and fights in the future.

The opening price of Tong Hua Shun in the morning is very close to the 20-day line on the daily line and the lowest price of last week on the weekly line. Whether it can hold this position will determine the future trend of Tong Hua Shun.

After the official start of trading, affected by the downturn in the Shanghai and Shenzhen stock markets today, Tonghuashun’s stock price opened low and moved downwards, and the trading volume was also very sluggish. As of the last trading day, Tonghuashun’s trading volume has dropped to 6 million Near Yuan Pass.

Within 2 minutes of the opening of the market, Tonghuashun’s stock price fell below 78 yuan, and the transaction was only about 2000 million yuan. At 9:34, Tonghuashun’s stock price was 77.88 yuan, down 2.58%, which was close to the daily 20-day line price of 77.67 yuan. very close.

At this time, various small and medium orders continued to pour in on the disk. Suddenly, Tong Huashun's stock price began to rebound rapidly. At 9:40, Tong Huashun was pulled up by a series of small and medium orders to 79.66 yuan, and the rebound exceeded 2%.

"The volume is not large. Is this a trial market or retail investors are fighting for a rebound?" Gu Junhao couldn't help laughing when he saw the rebounding stock price; 77.88 yuan is the lowest price of Tonghuashun today, and this figure is quite interesting.

With the rapid rebound of the stock price, Tong Huashun successfully became popular in 3 minutes, and at 9:45, the stock price once rose above 81 yuan. The inflow of funds was a bit more than that at the opening, but it was still all below 200 lots. The loose order is very confusing.

At this time, the Growth Enterprise Market Index has also turned red. Judging from the time-sharing chart, the trend is almost exactly the same as that of Tong Huashun. Gu Junhao switched the interface to Yinzhijie again. Yinzhijie remembered that the price was 81.44 yuan, and the stock price rose by 2.40%.

Different from the index and Tonghuashun, Yinzhijie opened slightly higher in early trading today. Like Tonghuashun, it also quickly pulled up after falling to a flat price for a short time. The trading volume was much larger than the previous trading day.

"Is this switching to high-end stocks again? But it seems that the adjustments are almost the same, and they are all around the 20-day line."

After analyzing several small and medium-sized high-end stocks, most of these stocks rebounded to varying degrees near the daily support level, leading the ChiNext index upward.

The stabilization of high-end stocks is undoubtedly a good thing for the rebound of small and medium-sized enterprises. When the investment sentiment is not high, only small and medium-sized enterprises can fight. Be better.

Compared with Tong Huashun, Yin Zhijie, who had a heavy volume in the early trading, reacted faster. At ten o'clock, Yin Zhijie's stock price started to rise again after a short-term shrinkage after a pull-up.

The way of ordering is still the same as that of Tonghuashun. Through batch-style small and medium-sized orders, Yinzhijie’s stock price quickly rushed to 83.67 yuan in a short period of time, and the stock price rose by 5.21%. At 10:13, Yinzhijie reported 84.80 yuan, and the stock price Up 6.63%.

In less than 45 minutes, the trading volume of Yin Zhijie was close to 9000 million yuan, which was also about half of the trading volume of the previous trading day. The trading volume rose along with the sharp drop in the stock price, which basically confirmed that Yin Zhijie Stabilized within the day.

Tong Huashun also began to change at this time. Tong Huashun, whose stock price was quoted at 80.50 yuan, did not perform as well as the time-sharing performance. It was completely different from the opening. One lot of 2500 and one lot of 1100 were bought, and the volume was close to 5000 million yuan at the same time.

Tong Huashun rose rapidly, and the stock price made great strides forward. Correspondingly, the Growth Enterprise Market Index also made great strides forward. At this time, the Growth Enterprise Market Index had also reached 0.7%. daily line.

Judging from this posture, the GEM index and its core popular concept stocks all rebounded after the corresponding support levels stabilized. It seems that they are not ready to wait until after the two sessions are over.

At this moment, the Shanghai Index, which opened lower, still maintains at 3200 points, with a 1% drop or so fluctuating repeatedly; the long and short sides are also repeatedly competing for the Shanghai Index near the support level.

The brokerage sector once again led the decline in the two markets, Xibu Securities fell more than 6%, and Huanghe Securities fell more than 5%; the performance of brokerages has undoubtedly become an important factor dragging down the broader market.

At 10:27, Yin Zhijie briefly hit the daily limit price, while Tong Huashun rose by 5.52% during the same period, and the stock price has returned to above 84 yuan. The corresponding Internet financial sector also collectively moved.

The GEM index has also risen above 1970 points at this moment, and is launching an impact towards 1980 points. The signs of small and medium-sized enterprises stabilizing ahead of schedule have become more and more obvious.

An hour later, the rebounding high-level theme stocks began to enter a high-level sideways state after experiencing a pull-up in the morning, and the corresponding ChiNext index continued to set new intraday highs in the process.

When the Shanghai Composite Index entered 11:06, under the second inspection of the brokerage in the day, the index once again approached the integer mark of 3200 points, considering the support position.

The differentiation between the two cities is very serious. In the trading in the morning, for the Shanghai stock market, the bears undoubtedly prevailed over the bulls; at the close of noon, the Shanghai Composite Index closed at 3210.86 points, down 0.94%.

The GEM index closed at 1988.94 points, up 1.51%. A series of theme stocks including Internet finance picked up in early trading, bringing a ray of sunshine to the recent sluggish stock market.

However, some investors who bought constituent stocks in the Shanghai stock market were not so lucky. Most of the stocks in the Shanghai stock market fell this morning. Investors who rushed into the brokerage sector when interest rates were cut last weekend were particularly depressed.

The performance of brokerage companies plummeted in the morning, so that investors did not have any expectations for the rise of the Shanghai Stock Exchange Index. Some investors who could not stand the downward adjustment for many consecutive days even had their flesh out at the midday closing stage.

However, during the lunch break, news came that added to the uncertainty of the afternoon's trading.

At 12:30 noon, there was news in the market that the person in charge of the China Securities Regulatory Commission, who is participating in the two sessions, said in an interview with the media: "We still support the rise of this round of bull market, the expectations of reform bulls remain unchanged, and the A-share market will still Get out of the slow bull market in 2015."

As a specific person in charge, it is rare to be so openly a platform for the A-share bull market argument, and the investors who cut their meat in the morning felt hard to express their inner feelings when they saw this news.

"MD, I cut the meat before the market closed, you tell me this? Why didn't you say it earlier?"

"This hanging hair came out to talk nonsense again. Brokers fell like that shit, and they are talking about a bull market."

"Will it be pulled in the afternoon? This is a good thing, the person in charge will open the platform."

"I'm going, is he here to trick me? I sold blue chips this morning and rushed into small and medium enterprises. If I pull blue chips, I won't cry to death?"

"Chong Chong Chong, support the bull market!"
-
At 13:[-] in the afternoon, the Shanghai and Shanghai stock markets started trading; as a response to the remarks made by the head of the China Securities Regulatory Commission on the A-share platform, the Shanghai Stock Exchange Index has achieved a rapid rise since the opening of trading in the afternoon.

The three major financial sectors headed by securities companies responded first, rising from the sharp drop, and the Shanghai Composite Index rose rapidly; in just half an hour, the Shanghai Composite Index rose from a drop of nearly 1% to a flat point bit nearby.

Xibu Securities and Huanghe Securities once again rebounded from the daily line below the 60-day line. The banking sector, which has been greatly affected by the recent interest rate cuts, performed well, and a series of commercial banks such as Yongcheng Bank rose sharply.

At 13:38, the Shanghai Composite Index turned red and reported at 3241.47 points. The ChiNext has entered a high-level model trend, and funds have re-entered the weighted sector, making the index, which was expected to rush to 2000 points in the afternoon, a sharp increase.

However, fortunately, the Chuang Index and its constituent stocks are not the same today, and began to dive rapidly when the weight was raised. Although the index has risen slowly, it is still maintaining the rising market.

From this point of view, today's increase in weight and the Shanghai Composite Index is not caused by a game of switching funds on the market, but more like the re-entry of incremental funds outside the market.

This also relieved some investors who switched from weighting to small and medium-sized ventures in the morning. Although it hurts to cut the flesh in the morning, it hurts even more to be beaten at both ends.

At 13:50, the Shanghai Composite Index was at 3269.90 points, up 0.89%. The index regained its position on the daily line and the 1200-day line trend. In the morning, the total turnover of the Shanghai Index was 50 billion yuan. billion.

时间进入到14点05分，沪指在触及日线5日线压力位之下震荡调整至3263.79点位，指数再度开启拉升模式，券商板块从跌近5%拉回2%跌幅之内。

At 14:15, a number of commercial banks in the banking sector hit the daily limit price, and the real estate sector’s rise and decline expanded. The Shanghai Stock Exchange Index closed at 3298.04 points, up 1.75%.

Looking at the Shanghai Composite Index, which was making great strides, Gu Junhao couldn't help thinking: "It's fierce enough, this is obviously an increase in off-market funds, and it seems that there is some major news that hasn't been released yet."

It is impossible for the person in charge to say that he continues to support the bull market, and off-market funds will enter without thinking; under such remarks, there should be other continuous good news and policies will be released.

At 14:25, the Shanghai Stock Exchange Index broke through 3300 points, and at 14:40 it reported a maximum of 3307.70 points. The intraday shock reached 3.37%, and it only slowed down its upward momentum when it rebounded by nearly 3% in the afternoon.

The GEM index rose by more than 2.5% in the morning, but failed to achieve a breakthrough of 2000 points in the afternoon. The index reported the highest point of 1996.90 points, and the overall amplitude remained at around 0.6%.

At 15 o'clock, during the closing time, affected by the midday interview speech of the person in charge of the China Securities Regulatory Commission, the Shanghai Composite Index increased significantly after rising, and finally broke through 3300 points smoothly, closing at 3302.41 points, up 1.89% within the day.

In the case of only 1200 billion turnover in the morning, the Shanghai Composite Index achieved a turnover of 3599 billion throughout the day, and the turnover in the afternoon was nearly twice that of the morning.

The ChiNext Index finally closed at 1994.39 points, which also rose by 2.20% within the day; Yin Zhijie finally closed at 84.50 yuan when the highest daily limit was reached within the day, a 6.25% increase within the day, realizing the negative line of the previous trading day. Anti-package trend.

Today, Tong Huashun also achieved a daily-level anti-package trend, and the transaction volume increased by nearly 4 million yuan compared with the previous trading day, and ended today's transaction with the total transaction exceeding 10 billion yuan again.

Throughout the day, Tong Huashun surged 5.96%, and the stock price closed at 84.65 yuan. A big sun stood firm on the 20-day and 10-day lines; however, it was still suppressed by the price of 86.17 yuan on the [-]-day line.

Today Tonghuashun's highest price touched 84 yuan, and it still dare not test the 10-day line.

For stockholders who hold stocks in the Shanghai stock market today, they have experienced a trend of being numb in the morning and smiling in the afternoon; but for the group of people who cut their flesh in the morning, it is even more irritating.

(End of this chapter)