The Road to Rebirth Finance

Chapter 432 Returning to China Next Week
Since this Monday, the Shanghai and Shenzhen stock market indexes have shown signs of weakness, and the pressure on the Shanghai Composite Index above 3250 points and the GEM above 1950 points is very obvious.

There are no obvious hotspots in the market, but more short-term speculation, and this kind of speculation is disorderly.

The logistics sector has been speculated for a few days, and the sub-new bank has been speculated for a few days. Recently, it has run into the cap market.

The changes are quite fast. If retail investors chase high under such circumstances, it is easier to be caught.

Overall, there was no major market movement in March. The Shanghai Composite Index remained oscillating around 3250 points, and the amplitude of the whole month was less than 3 points, falling 0.59% for the whole month.

High volatility, little fluctuation, but the effect of making money is not very obvious.

The GEM index fell 1.03% for the whole month, and the index barely held the 1900-point mark, reporting at 1907.34 points, still in the trend of breaking the monthly line.

The two big negative lines of Leshi.com in early March dealt a big blow to the GEM. The continuous decline of the old index, dominated by Leshi.com, is also a major factor dragging down the index.

By the end of March, Leshi.com closed at 33.92 yuan. Every time Leshi.com fell sharply, it was accompanied by a huge amount of energy, and the willingness to flee the funds was very obvious.

On the other hand, every rebound at the daily level is mainly shrinking compared to the decline in volume.

With such a trend, there are still a steady stream of retail investors entering the market to buy bottoms, and there are indeed many investors who are not afraid of death.

If there were several escape opportunities for Leshi.com in 2017, the resumption of trading on January 1 was the first time, and there were a lot of opportunities every day after that.

And at the end of March, it can be regarded as the last chance to escape.

In January, Lao Suntou rushed to help Leshi with more than 100 billion yuan, and Leshi.com resumed trading under such "good" news.

Fake accounting can be said to be well-intentioned, but after the resumption of trading, the stock price trend of Leshi.com did not rise as expected. Instead, after a few days of volatility, the stock price continued to fall.

In January and February, if ordinary retail investors still have expectations for Leshi.com, then it is more or less understandable. After all, Lao Suntou entered the market with more than 100 billion yuan to take orders, which ultimately left some hope for the market.

But if you don't run by March, then you are somewhat obsessed.

In March, Lao Suntou publicly stated to the media that he had exhausted all means, and that if he wanted to solve the problem of Leshi.com, he needed at least tens of billions of funds to enter the market in compliance.

For this reason, Rongchuang accrued a one-time investment loss of 165 billion yuan in the financial report, all of which came from Leshi.

The old grandson has a showdown, I don't play anymore, I withdraw!
If you still can't grasp such an obvious escape signal, to be honest, it's somewhat unsuitable for stock trading.

Even people like Lao Suntou can't bear it, carrying buckets and running away, but retail investors still rush in without risk awareness, and it is understandable that they will suffer a big loss in the end.

In the following April, Leshi.com tossed for another half month, and after the end of trading on April 4, it suspended trading again.

The reason given for the suspension is still a major asset restructuring. . .

This time, what kind of funds will go to take over the offer?What he knew in his previous life was nonexistent. The suspension this time completely pushed Leshi.com into the abyss.

At the same time, Leshi.com also announced its financial report for the first quarter, which is still a huge loss.

It is worth noting that the number of shareholders of Leshi.com in this quarterly report is still on the rise.

截止2017年3月31日，乐事网股东总人数高达19.8万人，相比起2016年的四季度，增加了2万名股东。

Nearly 20 shareholders are still sticking to Leshi.com, but this time, they are still disappointed by the fake accounting.

"Suffocate for dreams!" This is what most investors ridicule about Layshi stocks and themselves.

It has to be said that fake accountants can indeed fool people, and even a shrewd person like Lao Suntou has been tricked by him; at the same time, the pledge-style reduction method he invented has attracted countless bosses of listed companies to follow suit.

The so-called pledge reduction method is to pledge the shares in one's own hands through banks, brokerages and some other financial institutions to cash out.

After that, he was allowed to liquidate his position. As for the continuous plummeting of the stock price caused by the liquidation, it had nothing to do with him.

The fake accountant’s so-called reduction of shares to cash out funds is lent to the company. This routine will still be used by the actual controllers of listed companies after 2022.

The fake accountant played the capital market clearly, and he managed to sneak out, and he was still doing well on the other side of the ocean.

In 2010, Leshi.com went public. Five years later, in 2015, the market value of Leshi.com exceeded [-] billion yuan, creating countless myths. At that time, the market value of Leshi.com exceeded [-] billion yuan, and it became a big brother of the GEM.

Numerous investors, big and small celebrities waved their banknotes and lined up to join the investment feast of Leshi.com.

Industrial chain, closed loop, and living for dreams are the most common words spoken by fake accountants.

However, in 2016, the situation changed suddenly; Leshi.com, which had a great reputation last year, has lost its former glory due to various reasons and problems.

Even under such circumstances, fake accountants were still able to fool Lao Suntou to more than 2017 billion at the beginning of 100.

Lao Suntou is not something everyone can fool, but since 2017, Lao Suntou's operation is indeed a bit confusing.

First, he was fooled by a fake accountant, and then he took over from Old Wang.

People like Gu Junhao don't understand the specific deep-seated reasons, but it's definitely not that simple anyway.

The day when Leshi.com suspended trading was also a watershed for the market in April. Since the Shanghai Composite Index bottomed out on January 1, the market rose to 16 points on April 4.

The rebound rate exceeded 8%. However, on April 4, the Shanghai Composite Index came out of a big negative line with heavy volume and fell, and all daily levels except the 14-day line broke.

Having been engaged in stock investment for so many years, Gu Junhao has always maintained a relatively low position in March and early April every year, and this habit has also continued into this life.

Even though the hype in the Millennium New District in March and April was in full swing, Gu Junhao was not tempted, and still maintained his own rhythm of subtraction.

As of April 4, among Junshi's three major secondary market investment sectors, A-share holdings have dropped to a relatively low level.

The next step is to wait patiently for half a month, and buy back the original bargaining chips at the end of April and the beginning of May.

This is Gu Junhao's operating habit. In fact, if it is a personal investment, Gu Junhao's position is relatively low before the end of April.

Everything is to wait until the end of the first quarterly report and the annual report. The real rebound of the market often starts in May.

So when Wang Ruoyu asked for instructions on whether to participate in the hype of the Millennium New Area sector, Gu Junhao resolutely refused.

Speaking of the Millennium New District, it can be regarded as a joint effort by the national team and large organizations to suppress hot money.

On the Dragon and Tiger List, hot money, big or small, can be said to have been cut into rivers of blood. Often hot money hits a stock, but there will be a lot of money that hit the market.

It is also this encirclement and suppression that makes hot money afraid to touch individual stocks held by large institutions in the next few years.

The encirclement and suppression also started today. On April 4, the concept sector of the Millennium New District opened higher and went lower, and the whole line pulled back, and a large area of ​​the sector plummeted.

A weekend later, on April 4, the Shanghai and Shenzhen stock markets gapped and opened low, and a new round of highs and lows began again.

The Shanghai Composite Index broke through 3200 points in the intraday session, and the ChiNext Index hit a new low in stages. Today, there are more than 100 stocks in the two cities with daily limit.

On the disk, only the more defensive sectors such as liquor and medicine performed better, and liquor stocks were also one of the few sectors that closed up.

This is also one of the reasons why Gu Junhao has not moved the liquor sector. No matter how the position is adjusted, the liquor sector has always maintained a high position.

In fact, for more than a year, the liquor sector has been too strong. Maotai Sprinkle Industry closed up 0.09% today, and its stock price has come to around 400 yuan, at 398.79 yuan.

Wuliangye rose 1.44% today, and its share price was reported at 42.96 yuan. The entire liquor sector closed up 0.28% today.

In the bear market, liquor and pharmaceutical stocks, which are not highly valued, are indeed two major categories worth holding. If they have fallen much like they did in 2018, just increase their positions.

In the following two trading days, the Shanghai Composite Index, which jumped downwards from a high level and could not fill the gap, continued to fall. In terms of hot spots, except for liquor, some medicines and banks that supported the market, they were all very fragile.

Among them, especially in the Millennium New District sector, most of these stocks were of poor quality, and they managed to rise sharply once.

The locked-in amount began to be smashed with huge orders, and it can be said that it was merciless at first, and hot money and retail investors were cut off.

I don't know if it was cut too hard this time. There hasn't been much hype in this sector since then, and every rebound can't last for two days.

The Shanghai Composite Index, which broke the daily line, finally closed at 3154.66 points for the whole month, a monthly drop of 2.11%, and the ChiNext Index closed at 1850.73 points, a full-month drop of 2.97%.

Since the position has been reduced in advance, Junshi has a better response policy at the end of the month. Whether it is increasing its position or doing T in the liquor sector that is still gaining well, it can achieve a good balance in the position.

This also caused the index to drop by more than 100 points this month, while Junshi No. [-] and Junshi Price Investment were still able to maintain their monthly income.

There is no way, the sector that retains most of the positions has risen by 4.68% for the whole month, and it has already achieved seven consecutive positive monthly lines!
The net value of Junshi No. 1.1079 after the close of this month has reached 10, and it has been online for three months, with a profit of more than [-]%.

Junshi No. 2 increased its net worth to 0.08 again this month with a 2.0377% increase after its net worth broke through [-] last month.

It was the 14th consecutive month of redemption, which caused the month to fall sharply, and investors who were waiting for the real price of the bargain hunter were extremely disappointed.

"It's so fucking outrageous. Do you care about this Kun? He fell so badly at the end of this month, but he rose up instead. I'm still waiting to buy the bottom."

"Damn it, my stock market fell sharply on the 14th, and 125700 closed in the dark. I cleared my position and waited to buy it back at the end of the month. Now you tell me that day is the lowest point of this month?"

"What kind of stocks did Brother T buy? Could it be for short-term trading? Otherwise, even holding liquor wouldn't be so outrageous."

"Okay, don't worry about it, I understand, there is no chance to buy bottom at 125700, just do it!"

　Chapter 3, add more, thank you for your vote

　　
　
(End of this chapter)