The Road to Rebirth Finance

Chapter 455 Net Worth Retracement Under Bad Bear

On July 7, the Shanghai Composite Index, which had been negative for four consecutive days, happened to be on Thursday again.

The Shanghai Composite Index hit 2800 points in early trading. After failing to gain a firm foothold, it began to turn around and go down.

It only rose for 15 minutes throughout the day, and then went down all the way, maintaining a downward trend throughout the day.

The technology stock sector, which has risen for four consecutive trading days, began to diverge today. Sino-Singapore Communications once again entered a state of sideways adjustment. The ChiNext Index was affected by this, and today’s adjustment is relatively large.

According to the news, Matou, who is now in full swing, has invested in Focus shares, holding 10.3% of the shares. Today, Focus shares have a daily limit, the stock price is 10.93 yuan, and more than 90 lots of orders have been sealed.

The one-word board, the cover sheet with nearly 10 billion funds, is another routine of Sanjiang shares, but the retail investors who have been fooled once are not so easy to deceive now.

The comment section of Focus shares is mostly ridiculed, the trend of Sanjiang shares is vivid, and there are not a few people who complain about the ugly appearance.

What's more, he began to worry about the future of this once excellent media company; after all, the company that Lao Matou invested in had big problems in its follow-up operations.

Compared with the two horses, in the capital market, Xiao Ma is more generous, and Xiao Ma's harvesting methods are more gentle, whether it is for the company in which he has invested or ordinary shareholders.

In the A-shares, there are also companies in which Xiao Ma has invested, but there has never been such a continuous pattern of cutting leeks like Sanjiang.

Through influence, you can become a shareholder of a listed company, and the stock price will rise directly to the highest level in waves, and then there will be an infinite shipment process.

Although they are both in Zhejiang Province, in the past and present, Gu Junhao didn't have a good impression of them. In the capital market, Gu Junhao tried not to touch the stocks of the old horse head series if he could.

It was another day of sharp decline. The Shanghai Composite Index had five consecutive negative days, and the ChiNext Index fell 1.11%, falling below 1600 points to 1590.06 points.

The Shanghai stock index once again broke the daily line, the offshore RMB has fallen to the 6.8 mark, and the two cities are once again in a precarious state.

On the morning of this Friday, the Shanghai stock index is still in a weak adjustment state, and there is still the possibility of further decline; for this reason, the large financial sector has to be used to maintain the index in the afternoon.

As soon as the market opened in the afternoon, the three major financial sectors all rose, driving the index to rise rapidly, and the ChiNext used Ningwang, which rose more than 4% in the morning, to drive market sentiment.

Half an hour later, Ning Wang's daily limit reached 7%, and the stock price was reported at 88.70 yuan, breaking through the previous high. Ning Wang's concept stocks all moved up.

Although it has not yet been included in the GEM index, the influence of King Ning on the GEM is already visible.

The main board uses big finance to maintain the index, and the ChiNext will bring its concept stocks to follow suit by pulling up Ning Wang, driving short-term sentiment in the market.

"I showed off my skills, and the cooperation is very beautiful. No wonder everyone said that Bai Dagua went to work for the national team."

"The bull pen, the bull pen, actually rebounded. I thought it was going to break through 2700 points again, but the big finance that I pulled was useless. When it was pulled up, my stock fell instead."

"Hey, King Ning has reached a new high again. The higher the price, the less he dares to buy it. It really is the fate of leeks."

"I finally understand that only this kind of high-quality and sub-new stocks can be played, because there are few hold-up stocks. The previous broken stocks on the GEM are considered useless, and bargain hunting is a dead end."

"The weak market can only do this kind of sub-new, but the price is too high, and I can't buy many shares. Hey, it's annoying."

"Isn't Junshi Capital heavily invested in this stock? The financial report has also come out. In the list of the fifth largest tradable shareholders, Junshi's shareholdings are still good. Buy it."

"The top ten tradable shareholders are not the top ten shareholders. Besides, they only hold 3.07% of the shares. I don't know if they run away. I think it's better to buy the bottom of Sino-Singapore Communications."

"Brother Zhao and the others from China-Singapore Communications have all run away. I don't know when to adjust it. I can't hold it. Besides, the Junshi department can't move for half a year. It doesn't matter if I look at it in a few months."

"By the way, Brother Zhao and the others made a few bucks and ran away. Do they count as cutting the Junshi line?"

"Damn it, you don't even look at the cost of others. The A-share position is only 13.2 yuan, and the cost of Hong Kong stocks is only about 10 Hong Kong dollars. How do you cut someone's house? It's almost the same as carrying a sedan chair."

"I regret it. After China-Singapore Communications released the Junshi system, it dropped to 12. Why didn't you buy it at that time? If you buy it, you can get 40 points and get a lot of blood."

"Who the hell knows that the dog pen company has settled with the other party? If there is no reconciliation, who dares to buy it? I even suspect that Junshi has an inside story."

"You're joking, alright, reconciliation is decided by the other side, how can the Junshi Department have such awesome strength? It can only be said that their vision and pattern are high."

"It's never too late to say anything, what the hell, King Ning's daily limit!"

"Hey, cool, I made a fortune. I bought it at 81 yesterday and sold it at the limit price today. I made a profit of more than 1 yuan per share. I finally recovered some blood. Thanks to the main force."

"Upstairs is a bull pen, and the daily limit does not continue to hold it."

"Don't dare. This market is to run away when you make a profit. If you can get back a little bit, you can count a little bit. Before, you just listened to value investing and got a lot of money, and you were pitted."

"Hey, me too. I wish I knew this earlier. I'm still trapped in Zhongguo Ping'an, and I don't know when I will get back my money."

Due to the strength of the big finance in the afternoon, the three major indexes all closed up more than 1% after the market closed today. The Shanghai Index returned to above 2800 points, and the ChiNext Index returned to above 1600 points.

Ningwang failed to hold the daily limit in late trading. The stock price was reported at 90.93 months, a daily increase of 9.70%, and the daily limit price of 91.18 yuan became a new high since Ningwang went public.

At present, among the constituent stocks on the GEM, the price of 90 yuan is a big test for the stock, and King Ning is no different. Investors already have a tendency to be afraid of heights at a price above [-] yuan.

In the past, when the stock price of the GEM stock rose to above or near the price of 100 yuan, the inherent routine was to send a lot of money to drive down the stock price.

Then use the heat of high transfers to hype, raise the stock price, and then reduce the holdings, but now this routine is no longer feasible.

Since 16 took office in 641, the attack on Gaosongzhuan can be said to be as persistent as the IPO. After nearly two years of attack, the concept of Gaosongzhuan has no chance of continuous hype.

Over the weekend, the vaccine incident intensified. In the Internet age, the continuous follow-up of the media and the attention of high-level officials all pushed the incident to its peak.

By Monday, the vaccine concept stocks affected by the incident had plummeted collectively, almost in a state of limit-down across the board.

This time, the net value of Junshi Investment has been affected to a certain extent, and the Zhifei shares and Watson shares in the positions both fell by the limit.

Although a certain amount of positions have been reduced since last week, it is impossible to reduce all positions after all. The pharmaceutical sector is affected by this today, and the decline is also relatively large.

"Let's gradually increase the position of the pharmaceutical stocks that have been reduced. There is nothing to say. It is a risk and an opportunity."

Among other things, the price limit of Watson shares is only 18.92 yuan today. The stock price of this stock was nearly [-] yuan at its peak. Taking advantage of the bad news, it is no problem to increase the position and do T.

There must be short-term impacts, not to mention that the market is still three months away from the bottom of the first policy, the Shanghai Composite Index is still more than 300 points away from the real bottom, and the ChiNext Index is still about 400 points away.

A short-term retracement is certainly inevitable, but in the long term, the negative news at this time can simply be said to be giving away chips.

You must know that in Junshi Investment, except for Zhongxin Communications and Ningwang, which are basically full, the rest of the positions are not fully filled, and the most are only about 5% of the positions.

In this case, there is absolutely no need to be afraid of bad news for Junshi Price Investment, and it is completely impossible to be forced to stop losses due to position reasons.

In fact, the same is true for many large industries. A certain bad time in a certain period of time may be a good time to buy bottoms.

For example, when there was a plasticizer scandal in baijiu, who would have thought that baijiu would rise to such a level a few years later?

The major negative impact caused by the incident is only temporary. As long as the fundamentals of the industry have not changed, the demand is there, and the expectation is still there. It is completely possible to buy the bottom.

The companies left behind after the bad news can all stand the test.

Today, the Chinese prefix, which has not been seen for a long time, took over the big finance and assumed the responsibility of protecting the market. The bad news of the medical sector caused the market to switch from the previous technology + medicine to the current technology + weight.

What remains unchanged is the technology sector. After two trading days of differentiation, the semiconductor sector strengthened again today.

On the 24th, yesterday’s theme was still maintained. The infrastructure sector led by the Chinese prefix rose sharply, driving the Shanghai Composite Index to soar above 2900 points.

In three trading days, the Shanghai Composite Index rebounded by more than 150 points under the leadership of the weight. By the close on July 7, the Shanghai Composite Index closed at 24 points, a daily increase of 2905.56%.

In three trading days, three Zhongyang lines pulled the index above 2900 points, which no one expected.

However, the rise in the index is useless. It is all about big finance and the initials of China.

Brokers and the Chinese-prefixed sector have been abandoned by the market for a long time, and the funds locked in it will not be released for three days after being pulled up.

As for external funds, no matter how you pull them in, except that the index looks better, only a small number of them catch up, which looks more like a one-man show.

So in the past three days, even though the index has continued to set new highs since this round of rebound, individual stocks are still in the process of continuous decline.

Not only did the pull-up fail to drive market sentiment, but due to the differentiation of the sector, it caused an accelerated outflow of funds.

The ineffective pull-up is destined to not last long. In the five trading days since July 7, the index has continued to pull back as it did after the last pull-up.

As of July 7, the last trading day of this week, the Shanghai Composite Index closed at 31 points, and the highest point of this round of rebound was fixed at 2876.40 points.

Although the Shanghai Composite Index rose by 1.02% monthly, the index did not even dare to touch 3000 points, which is still very weak.

The Growth Enterprise Market Index was even more unbearable, with four consecutive negative monthly lines, closing at 1561.26 points, a monthly decline of 2.83%.

Since the pharmaceutical stocks continued to be adjusted in the last few trading days, although a part of the position was increased, the impact on the net value of Junshi Investment was not small.

7月31日晚上09:30，最新一期刷新的净值显示的净值数字是2.4906，仅仅比上个月微弱上升了0.04%。

If it weren't for the support of Sino-Singapore Communications' 12.05% monthly profit and Ning Wang's intraday T profit, the net value of Jun's real price investment will continue to retreat this month.

On the last trading day in July, only 2731.13 billion yuan was traded in the Shanghai and Shenzhen stock markets, a new low since February 2, the trading day before the Spring Festival.

The manufacturing PMI data released this evening also created a new low in five months. In addition, there are policies stating that we must firmly do a good job in deleveraging.

At the same time, we must resolutely curb the rise in housing prices. The sharp rise in housing prices has become a national topic.

In the evening, the offshore renminbi reached a new low at 6.8293 yuan. In addition, relevant departments have also gone to various places to check the disposal of vaccines.

On the last night of July, it can be said that bad news is everywhere, like a dark cloud, and the market is not given any chance to react.

On Tuesday, August 8st, a new trading month began. After the opening of the door in July, on August 1st, A-shares once again educated investors in the way of opening the door.

On the same day, the Shanghai Composite Index rose and fell in early trading, falling 1.80%. The index broke through the 5-day line, the 10-day line, and the 20-day line.

The Growth Enterprise Market Index fell by 1.24%, and the index closed at 1541.86 points.

The same is true for the market on Thursday, August 8. Following the big drop yesterday, the Shanghai and Shenzhen stock markets fell sharply again today.

Liquor, food and beverage, home appliances and other large consumer sectors officially started a collective sell-off behavior today. The wine distribution group fell by the limit today, and ancient and modern tribute wine fell by 7%.

Maotai Liquor once again fell below the 700 yuan round mark, at 695.84 yuan.

Today is the first time that the large consumption sector led by liquor has collectively slumped, and there is a certain amount of volume. This also means that the extreme market in the second half of the year has officially begun from the beginning of this month.

On Friday, August 8, even though an emergency meeting was held to discuss decisions on maintaining financial stability, MY frictions resurfaced, causing the Shanghai and Shenzhen stock markets to plummet again.

In just three trading days, the Shanghai Composite Index lost its efforts in July, and the index fell below 2800 points again, reporting 2740.44 points.

The decline in the ChiNext Index was particularly severe. It fell by more than 7% in five trading days to 1481.61 points. This week has been the largest weekly decline since April 2016.

The exchange rate broke through 6.9, internal data was poor, and external frictions resumed. With the support of internal and external factors, the A-share market was in turmoil. Technology stocks, which rebounded relatively strongly in the early stage, also fell sharply in the past few trading days.

The entire market is like a headless fly with no ability to resist. Public funds have withdrawn extremely violently. In the first three trading days of August, the withdrawal rate of Jun real-price investment reached more than 5%!

At the end of this weekend, the net value of Junshi Investment was fixed at 2.3587, and the retracement rate in the three trading days was as high as 5.59%. This is also the three trading days with the largest retracement rate since Gu Hao took over the fund.

There is only one word to describe the investor's account, and that is: "miserable!"

(End of this chapter)