The Road to Rebirth Finance

Chapter 347 The Wool

It has to be said that Anbang, who chose to enter the battle at this time, is very clever. With only 5% of the equity, it can play a role in deciding the situation between the offensive and defensive sides.

At the same time, this also made the already complicated Baowan dispute even more chaotic.

In a game of gambling, as the chips on the board get bigger and bigger, the two sides are almost in a state of open cards. At this time, both sides have entered the crazy stage of not thinking about the cost, and there is no shortage of money to guarantee the ability, and Wan Ke's original number one Major shareholders are masters who are not short of money.

At least, the whole market currently thinks so, even though Baoneng has been in a weak position in public opinion, but so far, it has not been considered that Baoneng will be the loser in this equity battle.

And Vanke’s small and medium-sized shareholders actually hope that this competition can continue, at least the stock price can be raised higher, and the shares in their hands can be sold at a higher price; Full of complaints.

The only Vanke management who is passive in this battle, their energy should not be underestimated, at least now they still control the company and can influence the company's decision-making, such as suspending the company under a certain name.

Since Baoneng is still in the quiet period after the card is raised, it is impossible to continue to buy this week. Vanke, which is almost in a state of open card, has also attracted various funds in the market, including hot money, retail investors, and some large, medium and small institutions. Pull wool.

Anbang also entered a quiet period at the same time. On December 12, Thursday; Vanke opened slightly higher at 10 yuan. As soon as the trading party started, it ushered in more than 19.59 lots of large orders. There were more than 1.5 buy orders pouring in immediately above the trading order.

In just tens of seconds, Vanke's market turnover exceeded 2 million yuan. The long-short game was very fierce. With the big funds locked up, Vanke entered the game of hot money, small and medium-sized institutions, and retail investors.

Although the entire market has a relatively optimistic trend for Vanke's stock price, no one knows where the stock price will rise. The small and medium shareholders who have been locked in Vanke for a long time are eager to escape with a large profit, which also led to today's Vanke's differences are huge.

At 9:35, Vanke, unable to bear the sell-off, opened high and went low. The stock price fell to 19.02 yuan, a drop of nearly 3%, touching the support position when it was pulled up yesterday and near the [-]-day line.

Vanke's stock price has temporarily entered a cooling-off period, and the trading volume has dropped considerably compared to when the market opened. Both long and short sides have entered a cooling-off period at this position.

However, the weakness of the trading volume is only due to Vanke itself. It still maintains a trading volume of tens of millions of yuan per minute; among the trading orders, the smallest order exceeds 200 lots.

It can be said that Vanke, whose stock price is close to 20 yuan, has accelerated the shock. It can be seen that retail investors who dare to participate in the game at this time have certain strength.

At least for now, Gu Junhao has not seen a large number of retail investors entering the market, but this is also understandable. During the process of stock price decline, retail investors dare not buy bottoms;

At 9:40, Vanke’s share price reported at 19.30 yuan, and the decline further narrowed. It has not fallen below the 19-day line of the daily line and the integer price of [-] yuan. With the increase in buying orders, Vanke’s stock price began to rebound slowly.

At 9:48, the slowly rising stock price once again pulled up to the flat price, and the volume energy from various parties began to increase. The volume energy of nearly 1.4 million yuan brought Vanke's stock price to 19.90 yuan, and the stock price rose by nearly 2 %.

At 10 o'clock, Vanke's share price was quoted at 20 yuan, an increase of 2.30% within a day; at a stock price of 20 yuan, the market value of Vanke held by Junshi No. 11 has reached [-] billion yuan.

Calculated based on the cost of building a position, Vanke’s profit at this time has reached 3.8 million yuan. After the rebound since the stock market crash in June, Vanke’s profit can rank among the top three among bottom-hunting stocks.

As for Tianqi Liye, which completed lightening up its positions yesterday, its stock price is at the end of its battle, as Gu Junhao judged. It opened at a high of 174 yuan in early trading, but only rose to 176 yuan at the opening, setting a new high since the second round of rebound. After a few minutes, it was smashed by more than 1 million yuan of funds.

At 10 o'clock, Tianqi Liye's stock price fell by more than 3%. Just 5 minutes later, the decline further expanded to 5.44%. The lithium concept sector also entered a collective correction today, and there was no such thing as yesterday.

Almost a huge bald and negative line, the K-line trend of Tianqi Liye is very ugly. The expansion of capital outflows, coupled with the collective correction of the sector, has a very high probability of walking out of a K-line trend of high yin and yang.

The correction of Tianqi Liye is inevitable, but it is indeed unexpected that the price can be raised to a high price of 176 yuan. In fact, there are not many retail investors who can participate in the stock price of more than [-] yuan.

The favorites of ordinary retail investors in the market are still some low-priced stocks, such as some stocks with a large number of shareholders, most of which are stocks with low stock prices. high.

Gu Junhao actually prefers some low-priced stocks, but not those one or two yuan stocks. This type of stock is still relatively risky. It is okay under the bull market, retail investors flock to it, and the stock price has risen by 50%. easier.

However, in a bear market, this type of stock is very dangerous, and it is very likely that it will fall to the point where it will be delisted at face value.

The so-called face value delisting means that the stock price has been less than one yuan for 20 consecutive trading days; at this time, the stock will be forcibly delisted by the exchange.

The so-called low-priced stocks that Gu Junhao prefers are stocks in the price range of 8 to 20 yuan. The company's fundamentals are relatively good, the concept is close to the mainstream concept of the market, and the share capital is more suitable.

For example, in 2015, Longji shares were established in a range where the share capital was suitable and the price was suitable. Even if the company’s performance did not fully explode, it was still possible to trade in a range of bands and operate with a calm heart. The probability of profit is still relatively high. .

In fact, this type of stocks can be called growth stocks. Emerging industries, suitable fundamentals, suitable capital and stock prices, and patient holding will always be rewarding.

However, as the amount of funds increases, although Gu Junhao will have a certain layout in terms of growth stocks, after all, the share capital is limited, and it is no longer possible to operate as before, but for investors with small funds, this is actually a good one. stock picking direction.

After a brief adjustment at around 20 yuan, Vanke’s share price began to rise within the day. At 10:15, Vanke’s share price was at 20.41 yuan. At 11 o’clock, the stock price was at 20.78 yuan, an intraday increase of 6.29%.

"The amount of increase is still too small. Let's start to reduce the position slowly today, and reduce the market value of Vanke to about 6 million yuan." As the trading order changed, Gu Junhao said to Cao Wenxun.

Based on the calculation of the initial scale of 60 billion yuan, Vanke's market value of about 6 million yuan just accounts for 10% of the total funds, which is considered appropriate for the position.

Baoneng and Anbang funds cannot be traded for the time being, and the increase after 10 o'clock did not see a very obvious increase in volume. It can be seen that the original largest shareholder of Vanke has no intention of making a move. This round of increase is just a joint market action.

The stock price has also reached above 20 yuan, and there is no problem in taking advantage of this opportunity to gradually reduce the position; at 10:35, Vanke's stock price rushed to 21.36 yuan, an increase of more than 9%.

However, Vanke, which seems to be close to the daily limit price, has a trading volume of only 4000 million yuan at the moment, and no one is willing to close the board.

I also know that Baoneng, Anbang, etc. care about equity, not whether the stock price has a daily limit, as long as they can be bought, they are earned. However, the institutions and hot money participating in the game are different, and they care more about short-term profits.

Even under the premise of working together to promote Vanke, it can drive the entire placard concept sector to seek better shipments in other stocks; Vanke retail investors who are playing high-level games do not dare to intervene, which does not mean that some other placard concepts dare not .

After 10:35, the stock price of Vanke, which had no intention of closing the board, fell step by step. At 11:20.50, the stock price was reported at 5 yuan, a retracement of nearly [-]%, but the decline in the stock price still did not stop.

In the afternoon, as the Shanghai stock index failed to break through the 3500 point again and then dived, the divergence of Vanke's funds on the market became more and more wide; the stock price fell throughout the afternoon.

Finally, after the end of the whole day's trading, Vanke closed at 19.54 yuan, down 0.05% within the day, with an amplitude of up to 12%, which fully reflected the behavior of off-market hot money when big funds entered the stage of silent investment.

Under the game of stock funds, market hotspots will only be limited to a certain range, and today is Thursday, it is understandable for some funds to flee, including Gu Junhao.

For Vanke, Gu Junhao’s principle is to reduce the position above 20 yuan, and not increase the position until the stock price falls to a certain position, and strive to control the market value of Vanke’s overall position at about 6 million yuan.

The off-site hotline came in to grab Wanke's wool, and Gu Junhao actually did the same.

The two cities finally closed down today, and Tianqi Liye fell 6.43% today. The trend of high-level yin and yang and the turnover as high as 266.4 billion yuan, almost all the funds that entered the market yesterday flowed out.

Judging from the trend of individual stocks and indexes, although the circuit breaker after New Year's Day amplified the market panic, judging from the performance of recent high-level individual stocks, funds have actually begun to run away with foresight.

The real losses from the circuit breaker are more retail investors. At the end of the year, institutional adjustments and hot money rests allow them to react in advance and make better use of position adjustments to enter bottom-hunting.

Today, Junshi No. 5 took the lead in reducing its positions. Vanke sold a total of 20.50 lots today, with an average transaction price above 1 yuan. The total sales exceeded 3000 million yuan, which is close to [-] million yuan in profit compared with the initial increase in positions.

It is a good short-term transaction. After Vanke’s stock price reaches more than 20 yuan, it is still mainly to sell gradually. At the same time, Gu Junhao will also start stock selection, and strive to complete the position as soon as possible after the circuit breaker.

On December 12, the last trading day of this week, Vanke rose 11% within a day to close at 1.84 yuan. The trading volume has dropped to 19.90 billion yuan. No Junshi No. 40 was sold today.

(End of this chapter)