The Road to Rebirth Finance

Chapter 448
Looking at the trading of A shares in the first four months, whether it is rising or falling, the index can fall back to its original position in a short period of time until it finds a new low point.

The same is true for the trading in May. From the first trading day after the May Day holiday, it took 3100 trading days for the Shanghai Composite Index to rise from 3200 points to above 15 points.

From the 3200 point, it only takes five trading days to fall to the breaking point.

从5月23日至5月30日，上证指数从前一个交易日报收的3214.35点位，狂跌至5月30日收盘的3041.44点位。

The 3041 point is about 40 points lower than the opening point in May. A month's hard work can be completed with only a few trading days of decline.

And the nearly 30-point downward gap on the 30th seems to indicate that it is impossible for the Shanghai Composite Index to return to above 3200 points this year.

This is the biggest characteristic of a big bear market. The market is not without opportunities to make money. There are several stocks with exaggerated gains every month, but they are difficult to sustain.

A month's hard work can be wiped out in just a few trading days. The index and most individual stocks are either at new lows or on the way to find new lows.

The money-making effect cannot be sustained, leading to low sentiment in the market, which directly affects the trading volume, thus forming a vicious circle.

Investors are far more enthusiastic about gossip than the stock market. Affected by the China-Singapore communication incident, the voting on 5G standards was the focus of investor discussions last month.

Although the reputation of conscience brand has not been very good before, it seems that its reputation has no possibility of reversal after this incident.

Although there are various explanations, they are all to no avail.

Unlike the conscience brand, which has a bad reputation, Gu Junhao's popularity has risen to a new height today.

5月末公布的的2018年新财富前500富人榜当中，顾君浩/张意如以214.8亿元，位列第108名。

In 2017, Gu Junhao was on the list for the first time, ranking 238th. A year later, Gu Junhao soared from 238th to 108th.

This is also the fastest one among all the rich people on the list, and also the first self-made post-90s rich man on the list.

At the same time, he is also the youngest rich man on the list.

Compared with last year, the assets of the rich people on the list who are engaged in the financial industry or listed companies as the main body have shrunk more or less this year.

Gu Junhao is the only rich man on the list who is engaged in the financial industry, but his assets have not shrunk. It all started with the liquidation at the end of last year.

The stock market has fallen so badly, but Gu Junhao, who is mainly engaged in stock investment, has not lost any assets; after the list is announced, it is really enviable.

At a young age, his net worth exceeded 200 billion yuan, ranking second in Beicang District; all of a sudden, Junshi Capital flooded a large number of media, wanting to interview this young rich man.

Some interviews with Gu Junhao can be refused, and some interviews cannot be refused. When the net worth reaches a certain level, while enjoying the glorious status, he also realizes that he can't help himself.

But these words are somewhat hypocritical, who doesn't want to experience such a life.

At the same time, Junshi Capital, an investment-based company, is becoming more and more familiar to the general public. Junshi Capital's capital actions in recent years have also been dug up by the media one by one.

The local people in Beicang know more and more about this company. After reading the report, the employees of the real company who invested will think: "Oh, so our company also has shares of Junshi Capital. "

Since it has invested in many industrial companies, it can be regarded as supporting a lot of people invisibly. The general public still has a good impression of Junshi Capital.

In the past two years, Junshi Capital's investment in the primary market has been proceeding in an orderly manner. By the middle quarter of 2018, it has invested in more than 10 small companies.

Without exception, these enterprises are all physical manufacturing industries, with as few as dozens of employees and as many as hundreds of employees.

Based on the number of employees and the employees of the two Junshi companies, Gu Junhao has created nearly 4000 local jobs to a certain extent.

When the company officially settles in its own office building, Junshi Capital will add a lot of employees. The expenses of these employees alone are not a small amount a year.

Judging from these aspects, Gu Junhao is now worthy of his title as the second richest man in Beicang, after all, he has solved many social problems.

The richest man is still Shenzhou's Ma family, and Gu Junhao's assets are 254.6 billion yuan less than theirs.

Of course, Gu Junhao didn't dare to be compared with them. Their number of employees is 7 to [-], which can be said to be a giant in Beicang.

The unremarkable May ended like this. In previous years, May and June were all relatively good months, but this is not the case at all in 2018.

In Gu Junhao's impression, since April, the market has gone into an extreme unilateral downward trend.

This extreme trend will continue until the policy bottom in October, and then the market bottom at the end of the year. The market and individual stocks can stabilize the trend.

In June, the two things that Gu Junhao has to wait for are the launch of King Ning and the resumption of trading in Sino-Singapore Communications.

Ning Wang has confirmed that it will be officially listed on June 6. The date of Ning Wang’s subscription can already be seen on the subscription channel. Ning Wang, with an issue price of 11 yuan, is expected to raise 25.14 billion yuan and issue a total of 53.52 million shares.

Junshi Capital will definitely actively participate in online and offline purchases of Ningwang, not only for subscriptions, but after the official listing, Junshi’s three major secondary market investment sectors will increase their positions substantially.

Active subscription and substantial increase in positions are due respect for the most promising stocks on the GEM in the next four to five years.

As for Sino-Singapore Communications, it has been one and a half months since the suspension of trading in mid-April, and specific handling measures are also in progress. There is currently no specific timetable for resumption of trading.

Since May 5, after the Shanghai Composite Index jumped down, the index has never reached a high of 30 points, and only rebounded to around 3200 points on June 6, ending the rising market in June.

On June 6, the three major indexes fell collectively. The Shanghai Composite Index’s 8-day moving average, 5-day moving average and 10-point integer mark all fell. The CSI 3100 Index hit a new low in nearly four months.

The ChiNext Index also fell below the 1700 mark on the same day. At the close, the Shanghai Stock Exchange Index fell 1.36%, and the ChiNext Index fell 1%.

In the intraday session, the situation of flash crashes and limit-downs reappeared again. Today, many stocks have flash-crash limit-downs.

According to the news, the popularity of Ningwang’s listing is still driving the popularity of Ningwang’s concept, and rice will soon be listed on the Hong Kong stock market.

Rebus's life is like a cheating life, and the company he founded has finally embarked on the road to listing. In Mr. Gu's eyes, Rebus's life is worthy of respect.

Although there are mixed reviews of Rice on the Internet, in Gu Junhao's view, Rice is a company that truly leads the Chinese people into the era of smart phones.

The ultimate price/performance ratio has brought down the price of the smart phone market. Only when ordinary people can use smart phones can we truly enter the era of smart phones.

If the rice is released a few years later, people may still use those fake brands that are expensive and have poor experience. The appearance of rice has caused a catfish effect in the market, which has brought about a reshuffle.

It can be said that this man who is like cheating has contributed to domestic technology.

Oh, and there is also the Big Mac of the old horse head, which also announced today that it has raised 140 billion US dollars, with a valuation of 1500 billion US dollars.

According to hypocritical sources, this round of financing may be the last round of private equity financing before its listing, and it may be listed on AH shares in the next year or two.

The timeline is fine, but the result is not certain.

And in the evening, the specific results of Sino-Singapore Communications were officially released. The two parties reached a settlement agreement. According to the latest settlement agreement, Sino-Singapore Communications paid 10 billion US dollars and prepared another 4 million US dollars to be kept by a third party. The company is removed from the list.

The official signing of the settlement agreement also means that the day when Sino-Singapore Communications will resume trading is getting closer, but this result is obviously unacceptable to the public.

Since June 6, the wind direction of public opinion has become more and more unfavorable to this company, and overwhelming negative news has hit this industry leading company.

This makes the retail shareholders who are still locked in more uneasy. Not surprisingly, after the company resumes trading, it will face huge losses.

Some radical investors even said that even if the stock price of Sino-Singapore Communications fell to the bottom, they would never buy his stocks.

On June 6, King Ning officially landed on the A-share market. The stock price rose by 11% on that day to 43.99 yuan. Junshi has some holdings of King Ning, not many, but still more than the secondary market for new retail investors. A lot of.

Next, the trading team of Junshi Capital waited for the stock to open and began to increase positions.

On June 6, Sino-Singapore Communications, which had been suspended for two months, resumed trading. In two months, things changed, and the Shanghai Composite Index fell from above 13 points to around 3200 points today.

The GEM index also fell from between 1800 and 1900 points to almost below 1700 points.

Leaving aside the company's own bad news, the compensatory decline on the index is enough to start with two lower limits.

Today, Sino-Singapore Telecom, which has both AH shares resumed trading, and A-shares, Sino-Singapore Communications opened with a one-word limit-down, with the stock price at 28.18 yuan, and there are over [-] billion orders on the limit-down board!

As for the Hong Kong stock market, the performance was even worse. The Hong Kong stock market Sino-Singapore Telecom opened at a price of 16 Hong Kong dollars, a drop of up to 37.5%!

"I'm going, this is too cruel, how much is it going to fall." Liu Tingting stared at the trend of Sino-Singapore Communications and said in shock.

"Looking at this posture, at least he has to be cut in half. This ban has already changed his fundamentals." Gu Junhao continued.

In fact, it’s not just a cut in half. Gu Junhao was still impressed by the trend of Sino-Singapore Communications in 2018. Among the A-shares, its stock price fell to around 12 yuan before it stopped falling. Judging from the closing price before the suspension, it fell by two-thirds up.

As for Hong Kong stocks, the decline is similar. Although the opening price of 16 Hong Kong dollars today is exaggerated, but judging from the value of the decline, selling or shorting at this price is not a loss at all!

The stock price of Sino-Singapore Communications, a Hong Kong stock market, has stabilized at around 10 Hong Kong dollars. Based on today's opening price, there is still at least 60% room for it.

In fact, relatively speaking, for this kind of AH-share listed companies, it is more cost-effective to buy Hong Kong stocks at the bottom. Leaving aside the difference in exchange rates, for the same amount, Hong Kong stocks can buy more bargaining chips.

In terms of time, the advantage of Hong Kong stocks is also very obvious. The decline in the opening of the market alone can match the decline of A shares for three or four days, which saves a lot of time and cost.

It's just that there is a daily limit for buying Hong Kong stocks with southbound funds. The only Junshi department that is not affected by this is the self-operated market.

For this reason, Gu Junhao had informed Xu Jianqing a long time ago, and started to buy a large sum of money when Sino-Singapore Communications fell to around 10 Hong Kong dollars. Gu Junhao had already decided to buy the bottom of this stock from the beginning of the suspension.

The bottom-hunting strategy has already been set, and the next thing is left to the market. On the same day, the Hong Kong stock market Sino-Singapore Telecom fell 41.56% daily, and the stock price closed at 14.96 Hong Kong dollars, which was close to half in one day.

Today, the trading volume of Sino-Singapore Communications Hong Kong stocks also hit a record of 35.8 billion Hong Kong dollars. Funds fled in panic, among which there are not a few institutions.

Among the institutions, there are long-sighted ones, but there are also many short-sighted ones, and there are not a few institutions chasing ups and downs like retail investors.

On June 6, Sino-Singapore Communications, whose A-shares continued to close the daily limit, greatly narrowed the decline in Hong Kong stocks, and the stock price closed at 14 Hong Kong dollars, a daily drop of 14.80%.

Sino-Singapore Communications, which took a day off, ushered in a sharp drop again on June 6, with a drop of 15%, fixing the stock price at 11.49 Hong Kong dollars. However, the power of short selling has obviously decreased a lot, and the transaction on that day was only 13.10 million Hong Kong dollars.

The weekend market is dominated by Sino-Singapore Communications. A-share shareholders are particularly miserable. They have a single word limit, a huge number of orders, and no chance of escape. They can only watch the stock price drop step by step.

The decline in Hong Kong stocks made A-share investors even more uneasy. The stock price fell from 25.60 Hong Kong dollars before the suspension to 13.10 Hong Kong dollars in three trading days.

Monday, June 6th, the Dragon Boat Festival, the market is closed for one day. Since 18, the Dragon Boat Festival of A shares has gradually gained the title of "Dragon Boat Festival".

On Tuesday, when Sino-Singapore Communications resumed trading, A-shares naturally continued to fall by the limit, and the performance of Hong Kong stocks was equally terrible.

Sino-Singapore Telecom, which opened at 11.42 Hong Kong dollars with a gap that day, fell 15.92% throughout the day to close at 9.85 Hong Kong dollars, and fell to a low of 9.56 Hong Kong dollars in the intraday session.

In just four trading days, the rebound since the low point of July 2016, 7 was swallowed up by Sino-Singapore Communications, and the market without an increase is sometimes really scary.

In two years, the highest increase of more than three times, it only takes four trading days, or even within one day, it may all fall completely.

But today is an exciting day for Junshi, especially the self-operated market with long-term low positions and Junshi No. [-].

Following Gu Junhao's order, traders, including public funds, began to buy bottoms in China-Singapore Communications. Isn't this considered to be a technology-based country?

On June 6, Sino-Singapore Communications, a Hong Kong stock market that fell sharply for four consecutive trading days, finally ushered in its first high opening. Sino-Singapore Communications, whose stock price fell by nearly two-thirds, finally ushered in its first rebound.

Sino-Singapore Telecom, which opened high and went high that day, closed up 20% daily and closed at 11.82 Hong Kong dollars. The Hong Kong stock market finally stopped falling, which also brought dawn to A-share shareholders.

As of today, the A-share Sino-Singapore Telecom has fallen to 18.49 yuan after five consecutive one-character drop limits.

After the Hong Kong stock market experienced a big rebound, it began to enter a stable state. The stock price was stable between 11 and 12 Hong Kong dollars, and there was no sharp rise or fall in the previous few trading days.

However, the A-shares still have no signs of opening. As of June 6, the last trading day of this week, in terms of A-shares, Sino-Singapore Communications closed at 22 yuan.

Compared with the price of 31.45 yuan before the resumption of trading, Sino-Singapore Communications has already cut too far, but fortunately, Sino-Singapore Communications at the price limit today has a small increase in volume, with a transaction of 1.24 million yuan on the day.

The dawn of the opening of the stock market is close at hand, and another stock that Gu Junhao is concerned about, King Ning, also officially opened its stock market today!

Counting from the first trading day of listing, King Ning has gained 8 trading days of straight board. As of June 6, the stock price closed at 21 yuan.

According to the issue price, Ning Wang's increase was as high as 2.8 times in eight trading days, but this is just the beginning.

On June 6, King Ning ushered in the opening moment, and all the eyes of the market were on this stock. The market was looking forward to how it would perform after the opening.

In early trading, Ningwang, which opened at 72 yuan, has experienced a sharp drop since the opening. Within 1 minute, Ningwang's turnover was 11.8 billion yuan, and the stock price fell from 72 yuan to 63.49 yuan in a straight line, closing the limit. !

To be honest, Ning Wang, who has a relatively large issued share capital, has accumulated a large amount of profit after eight trading days. When the market is unclear, there will definitely be funds thinking about fleeing and taking profits.

But no one expected that it would be so brutal, and it fell 13% at the opening, which was unexpected by no one.

"Quick copy, don't panic, take as much as you have, don't worry about him, just buy it." Gu Junhao directed the trading team of Jun Shishi Investment to copy the bottom of Ning Wang.

On the one hand, he commanded Wang Ruoyu and Xu Jianqing's trading team through an internal phone call, and bought the bottom at the same time.

Is Ning Wang expensive for more than 60 yuan?Calculated based on the issue price in the coming year, it is indeed expensive, but for Gu Junhao who intends to hold the position for a long time, this price is really too cheap!

Gu Junhao dared to accept as much as there really was. Gu Junhao didn't care about the current index market, the funds in his hand were already hungry and thirsty!

　The great King Ning is here~

　　
　
(End of this chapter)