The Road to Rebirth Finance

Chapter 386 Gao Sendzhuan's Last Carnival

On April 4, the Shanghai and Shenzhen stock markets both opened higher, and then the three major stock indexes showed a trend of rising in shocks. The Shanghai Composite Index once rose by more than 13% in intraday trading. The index set a new high in the past three months, with the highest reported at 2 points.

The growth rate of the GEM index was close to 3%, and the index also set a new high in three months, at 2330.06 points.

However, the three sectors that drove the rise of the Shanghai Composite Index today were non-ferrous metals, coal, and brokerages.

It is rare for brokerages to soar today. It is really interesting to pull brokerages to bring the index in a bear market, haha.

Seeing this, Gu Junhao said to Liu Tingting: "A day when only the index goes up, not individual stocks. It seems that it has basically peaked, and the speed can be a little faster."

"Okay, I understand, but I think the two stocks of Yinbaoshanxin and Huangshanghuang can wait a little longer. We don't hold a lot of shares. It's a pity that these two stocks are sold now."

Yinbao Shanxin announced its 2015 annual profit distribution plan yesterday, and launched a 10 to 20 high transfer plan. The stock price was directly sealed yesterday, which is very strong.

At the opening of the market today, Yinbao Shanxin even jumped sharply, opening with an increase of 7.63%. After a strong change of hands in the morning, the stock price closed at the daily limit again, at 48.84 yuan.

A new secondary stock has been on the market for less than half a year, and the distribution plan of 10 to 20 was thrown out in the first annual report, which can be said to have attracted a lot of attention.

Such a high-comparison distribution method of 10 to 20 is unimaginable in future generations, but it can only be said to be just right in today’s market. The current market accepts this set, and the concept of high transfers is also one of the hottest sectors recently.

Although Yinbaoshan's new rebate is very exaggerated, it is not particularly exaggerated in terms of Junshi and even the whole market. Tianqiliye, which is in the self-operated market, has already thrown out a high rebate plan of 10 to 28, which has caused the stock price to rise steadily.

This kind of meaningless transfer is useless except to make the stock price lower, which is conducive to speculation and facilitate the subsequent reduction of holdings by major shareholders; when the new village chief reacts, it will be enough for the market to drink a pot.

This is probably the last highlight period of Gaosongzhuan, but Liu Tingting is right. Gu Junhao has already seen the new routine of Yinbaoshan in his previous life, and the stock price has also rushed to around 80 yuan. It is a pity to sell it now.

Except for Wan'an Technology, the only thing that can impress me in this group of sub-new stocks is Yinbao Shanxin, and the rest are selected based on experience.

Yinbao Shanxin still has an upside of about 30 yuan. It is a pity to sell it now. It is better to wait and see. With such a strong trend, I dare not say 30 yuan, and it is no problem to eat another 20%.

As for the emperor, the reason why Liu Tingting does not want to liquidate is that the current increase in this stock is not large, and the overall profit is less than 15%. From the perspective of the trend, it seems that there are also large funds building positions. Selling at this time is almost equivalent to handing over the chips to others for nothing.

At present, Junshi Investment holds 6800 lots of Yinbaoshanxin and 7000 lots of Huangshanghuang. As far as the overall market value of these two stocks is concerned, even if the positions are not liquidated temporarily, it will have no impact on Junshishi Investment.

"That's fine, just clear the other ones. Yinbaoshanxin and the emperor will stay for a while. I will tell you when Wanan Technology will be cleared."

"Okay, I will try to clear it before the 15th. It shouldn't be a big problem." Liu Tingting replied confidently. I sold two stocks yesterday, and the sale of two stocks is postponed. It is easy to clear four stocks in three days.

In the afternoon trading, the three major indexes all fell back to varying degrees. The Shanghai Composite Index finally closed at 3066.64 points, up 1.64%.

A long upper shadow line was left on the K-line of the three major indexes. In the evening, the central bank carried out MLF operations on 17 financial institutions for a total of 2855 billion yuan, including 1270 billion yuan for three months and 1585 billion yuan for six months.

This MLF operation is the third time the central bank has conducted this year. This method of releasing medium-term liquidity is also called a disguised RRR cut by the industry.

At the same time, the Shanghai Stock Exchange and the Shenzhen Stock Exchange also announced the financing balance of the new phase, which was 5141.74 billion yuan, an increase of 39.62 billion yuan from the previous trading day, and the financing balance of the Shenzhen Stock Exchange was 3781.13 billion yuan, an increase of 45.09 billion yuan.

The total financing balance of the Shanghai and Shenzhen stock markets reached 8922.87 billion yuan, a total increase of 84.72 billion yuan, setting a new high in two months.

The two pieces of news are generally regarded as positive by the market. Some stock commentators and big V bricks also timely called out the target of mid-term rebound to 3500 points. On the evening of the 13th, the entire market was immersed in the mood after the stock index broke through.

The optimism on the sentiment side and the positive blessing did not show immediate results in the next day's trading. On April 4, Thursday, the Shanghai Composite Index opened higher and fell back, maintaining a volatile trend throughout the day.

It was only at the end of the day that it suddenly launched an upward attack. The index closed at 3082.36 points, up 0.51%. Compared with yesterday's 3314 billion yuan, the trading volume shrank by more than 963 billion yuan.

The sub-new stock sector has once again become the most active sector in the two cities today, with the potential impact of high transfer expectations. Among today's sub-new stocks, nearly 20 stocks have a daily limit.

Among them, Yinbaoshanxin once again had a strong daily limit, and Huayuan Packaging, which was in the position of Junshitou, also received a daily limit.

Due to the continuous promotion of new stocks since their listing, there is generally an expectation of high transfers. Under the situation that high transfers are still hot, the market in the past two months can be described as very hot.

To be honest, if it wasn't for the need to announce the holdings tomorrow, Gu Junhao really didn't plan to sell in such a good situation, because he was afraid that holding too much would affect his subsequent selling plan.
However, it is not ruled out that some small institutions want to take advantage of the position release period to increase shipments, adjust positions and exchange shares to attract retail investors to take orders.

There are countless routines for A shares. Now that the plan is implemented, it is best to follow your own plan, otherwise it is very likely to suffer big losses due to greed.

On April 4th, the four sub-new stocks had been cleared yesterday except Huayuan Packaging, and most of the rest had been reduced. There is no problem with today's liquidation, and there is no need to worry about any changes in trading volume.

Today is the third trading day for the Shanghai Composite Index to attack 3100 points, but today is Friday. Investors who are keen on short-term will be more inclined to short positions on weekends during the bear market cycle, in case there are negative weekends and weekends, which will affect their positions.

Without the impetus of short-term investment sentiment, the sub-new stocks will no longer be as good as yesterday. The three-linked Yinbao Shanxin opened slightly higher today and then fluctuated lower. The market once again fell into a downturn. The Shanghai Composite Index fluctuated less than 1% throughout the day.

There is no obvious sector on the disk, and some short-term funds have returned to the hot sector in the early stage. Unmanned driving is improper. Wanan Technology has a strong daily limit in the afternoon, and its stock price is reported at 27.06 yuan.It was firmly sealed above the daily limit, and the seal was as high as 15 hands.

Wanan Technology's board closure made Gu Junhao change his plan: "Haha, shit luck, there are so many seals on the daily limit board, let's just clear it with four [-]-hand sell orders."

Under Gu Junhao's order, the trader quickly placed four large orders with tens of thousands of hands, which led to a rapid decrease in closing funds and caused a commotion on the market.

Some retail investors who participated in the short-term game also chose to follow and sell after seeing such a large number of large orders fleeing.

The price of 27.06 yuan is lower than what I expected, but such a large cover is really rare, and it will be easier to clear the warehouse.

It’s been a long time since I’ve experienced the feeling of hitting the market with a big order on the daily limit. Thanks to the hot money in Hangzhou and Ningbo, I let myself experience this kind of happiness again.

"Boss, you are really ruthless, but today's daily limit is so strong, why there will be a process of rushing up next Monday, isn't it uneconomical to clear all positions?"

"It's a little bit, but it's unnecessary. The stock price is basically at a high level. There is a safe and fast liquidation environment. There is no need to wait a few days because of profits. You have to get used to the operating methods of institutions."

There are a lot of sales today. The size of Yanghe Liquor alone can no longer accommodate today's capital. A new liquor label must be arranged. Maotai has suspended trading yesterday due to the holding of a shareholders' meeting. Naturally, there is no choice.

The annual shareholders meeting of Maotai Liquor Industry is also a major attraction in the A-share market. Countless retail investors, even if they hold 100 shares, are willing to travel thousands of miles, which is very interesting.

Most of them are for the purpose of collecting wool. In fact, participating in the shareholder meeting is also a very interesting part. In the island country next door, there is an interesting story about a 71-year-old Internet man who invested in more than 1000 companies and was worth hundreds of millions.

Although our country does not have such a complete shareholder preferential treatment mechanism, there are usually some listed companies that will distribute benefits during the general meeting of shareholders, such as food gift boxes, pork gift boxes, etc., which can be regarded as making shareholders happy.

"Wuliangye, Fenjiu Group will start building positions today. Let's build a quarter of the position first. The index seems to be unable to support it. We will slowly adjust the position when it falls."

After Wanan Technology cleared its position, Gu Junhao continued to issue instructions to traders, this time it was an order to open a position.

Since the adjustment of the liquor sector on April 4, there is still no positive situation. The current stock price of Wuliangye remains volatile around 7 yuan, while the share price of Fenjiu Group has fallen back to around 27.5 yuan.

Both stocks are near the 20-day line on the daily line, and there is not much distance from the 60-day line. It would be better if they can fall to the 60-day line in subsequent adjustments.

The trend of the top stocks in the entire liquor sector is mostly similar to that of Wuliangye and Fenjiu Group. Before the suspension of trading, Maotai also had a similar trend, and the stock price was in a state of adjustment.

(End of this chapter)