The Road to Rebirth Finance

Chapter 329 Making money by luck, losing money by strength

The effect of today's bailout is very mediocre. The Shanghai Stock Exchange Index is barely supported at 2900 points. The ChiNext Index has not really entered the bottom stage, and there are still not a few stocks with a daily limit.

Among the major market boards in the two cities, only the banking and insurance sectors rose. The effect of this kind of rescue is obviously unsatisfactory.

In the after-hours news, the market rescue action resumed. The Zhongjin Institute issued a notice that the daily opening volume of 152 customers exceeded 600 lots, 13 customers canceled orders 400 times within a day, and 1 customer had 5 times of self-transactions. A total of 164 customers took action. Regulatory measures that limit the opening of positions for one month.

Regarding the regulatory standards and handling procedures for abnormal stock index futures trading previously released, Zhongjin Institute took decisive action, and this time the reaction speed was faster than ever.

This is a direct blow to shorting. Facts have proved that under the collapse of confidence, administrative measures are more volatile than buying real money.

On August 8, the Shanghai stock index remained oscillating above 27 points throughout the day. Although the bears wanted to make some efforts after two o'clock in the afternoon, the strength this time was far less than before.

The Shanghai Composite Index only turned green slightly. After the stock index fell to the lowest point of 2906.45 points, it achieved a rapid rise under the leadership of the national team. Today, the national team chose to make a move later than in the previous trading days.

After 14 o'clock in the afternoon, I chose to make a move instead of making a move as eagerly as yesterday when the stock index fell below 2900 points. It seems that I have changed from passive to active.

Led by the banking, insurance, liquor and other sectors, within just 45 minutes of trading time, the Shanghai Composite Index rose by more than 6% at the end of the day, and once again stood at 5.34 points with a 3000% surge in the day. , the stock index closed at 3083.59 points.

After hitting a low of 1843.19 today, the ChiNext Index also rebounded at the same time in the afternoon. It also ended today's trading with a bald and positive trend, rising 3.67% and regaining the 1900 point.

Both Maotai and Vanke A rose sharply today, among which Maotai rose by 7.17%. The stock price has reached 197.07 yuan, which is less than 200 yuan away from the [-] yuan mark.

On Friday, August 8, the Shanghai and Shenzhen stock markets rose sharply again. The Shanghai Composite Index rose 28%, the stock index rushed from around 4.81 points to 3000 points, and the GEM index rose 3232.35% to stand firm at 6.26 points, reporting 2000.

With the strong rebound in two trading days, the bottom of the market in 2015 has gradually formed. However, it is far from the time for a rapid rebound. Generally, the real bottom needs to be repeatedly consolidated.

Only after the unstable chips and floating profit chips of large retail investors are washed away at the bottom, and the main force pulling up in the market has enough chips, will there be a real rebound.

This process can range from a few days to a few months; most retail investors cannot withstand this kind of bottom washing.

For example, Maotai Liquor Industry, the market rose sharply today, but it fell by 2.24%, and the stock price fell below 190 yuan again. After bottoming out in advance and after three trading days, Maotai did not choose to follow the index today. Instead of rushing to the 200 yuan price or even the 20-day line, I chose to rest on the spot.

From the bottom of 166 yuan to the highest point of 197 yuan, the rebound of more than 18% was completed within three trading days. For a blue chip stock with a large trading volume like Maotai, the short-term hotline has also accumulated a lot of profits.

Choosing to rest on the spot at this time is also to let this part of the hot money choose to withdraw and participate in other stock speculation.

After the end of trading on August 8, there is only one trading day left in this month, which is August 28. This week, Junshi No. 8 still routinely did not announce the fund's NAV ratio, which also made Gu Junhao's fans feel itchy.

However, this weekend and August 8st are the first half year report card of listed companies, that is, the deadline for the semi-annual report. The national team, the central bank and the China Securities Regulatory Commission rarely released any news this week.

Everything is left to the market. Within two days of this weekend, a total of 2780 listed companies in the two cities announced their specific semi-annual report data, and the net profit of 2780 companies in the first half of the year increased by 10.2% year-on-year.

Excluding the banking and non-banking financial industries, net profit actually fell by 0.7%. Compared with 2014, the growth rate of net profit remained flat, which is worrying.

However, this is also normal. Under normal circumstances, as long as there is no special reason, the performance of companies that publish their semi-annual reports in the last few trading days is not very good. Results have been announced in advance.

Tong Huashun was just in time for filing a case for investigation. Otherwise, according to his semi-annual report, the stock price would not have fallen to this point. This Friday, Tong Huashun rebounded somewhat. The stock price closed at 45.97 yuan, a surge of 6.54% within the day.

On Monday, August 8, both the Shanghai and Shenzhen stock markets closed in the negative, and the Shanghai Composite Index continued the trend of banks and insurance protection, barely holding 31 points, reporting 3200 points.

The GEM index fell 4.09% without any support, and the index fell below 2000 points again, closing at 1996.87 points.

Tong Huashun fell by the limit again today, and the stock price closed at 41.37 yuan. The man who saw Tong Huashun's sharp rise yesterday regretted it very much, but today he is much happier.

Although Tong Huashun's stock price is still higher than his cut price, the price limit's price limit also makes him feel that his transaction is correct.

After the end of today's trading, the stock price of Maotai Liquor returned to above 190 yuan and reported at 195.37 yuan. The decline within the month narrowed to 5.54%. Under a long lower shadow line, the stock price bottomed out.

The stock price of Vanke A was fixed at 13.80 yuan, with a decrease of 2.68% within the month. It was one of the few stocks in the Shanghai and Shenzhen stock markets whose decline was less than 5% in August.

As for the shares of Tellus that have been liquidated, Gu Junhao has also been observing his stock price.

As of the close on August 8, Tellus shares have not yet completed the adjustment, and closed at the limit again today, with the stock price closing at 31 yuan.

Since its peak on Thursday, August 8, the share price of Tellus shares has been nearly cut in half, and it is worthy of his name as a demon stock.

After the end of this month, affected by the rebound of Maotai, the overall scale of Junshi No. 32.2143 rose to 6.4428 billion yuan, and the net worth ratio rose to [-].

Once the news was released, the market had to marvel at Gu Junhao's strength. There was nothing to do when the stock market crashed, but as long as the market rebounded, it would be able to rise strongly.

It doesn't matter if you lost 6000 million yuan last week, but you can make 8000 million yuan immediately this week. This kind of trading ability is really extremely powerful.

It can be said to be bright with a little sunshine.

It is also under such circumstances that Beicang and the surrounding areas of Yongcheng hope that Junshi No. [-] will end the closed period as soon as possible, and the call for open subscription is getting stronger and stronger.

There is no way, my friends are lying in the fund to make money, and I am being beaten in the field. This feeling really corresponds to the saying in the retail investor group: "It is more uncomfortable to watch others make money than to lose money yourself!"

Among them, the most depressing ones belong to the customer group who went out and re-entered Junshi No. [-].

After being beaten up by the market, they also realized that their income in Junshi No. [-] was just luck. As for making money in the stock market, they have no such ability.

Over the past month, Gu Junhao has been harassed by customers of Junshi No. [-], hoping that he will open up the subscription for Junshi No. [-] as soon as possible, but Gu Junhao has postponed it on the grounds of the company's strategy.

In fact, at the beginning of the liquidation of Junshi No. [-], Gu Junhao had already thought that most of the customers would have the current results, and human greed cannot be stopped.

Although the liquidation of Junshi No. [-] was more out of consideration for the company's cash flow, Gu Junhao is not unaware of the social impact caused by creating so many multi-millionaires at one time.

Liquidation two months earlier, allowing some greedy people to return to the market, to accept the beatings from the market, and return part of the profits to the market, does not do any harm to the common people.

These small bosses will become more rampant once they have money. It is better to hand over some impure people to the market to beat them up.

As for the open subscription after the expiration of Junshi No. [-], Gu Junhao has no intention of accepting them anymore. In the early stage, investors could not be screened because of the entrepreneurial stage, and now they no longer exist.

The money earned by luck and then lost by skill is the true portrayal of most people's investment career.

Although these middle-class people have their own skills in doing business, they are still too young for finance and the stock market.

(End of this chapter)