Chapter 180: The Market of ‘Dispersed Form but Not Dispersed Spirit’

"This daily limit is so clean!"

Xu Xiang stared at the market of Shanghai Stock Exchange, which had completely closed the daily limit, and said with emotion: "Although the market was closed just before the market close, in terms of the strength and strength of the funds on the market, it is still the 'Shanghai local stock' that has changed completely. It is the strongest among the sectors. As the relevant news continues to ferment, it will most likely become stronger.”

He was still wondering which stock the market would choose as a breakthrough for the entire sector?

Now...it's basically clear.

From the perspective of pure speculation, the Shanghai Stock Exchange's check, its circulation and overall market value are quite appropriate, but conceptually... He previously thought that market funds were in the hype of the 'Shanghai local stocks' sector , the direction that I most agree with should be the financial field, so I ignored this stock, but now I don’t think that is the case.

"It seems that the main positive direction should be in a wide range of areas, not just in the financial field." After pondering for a moment, Xu Xiang secretly said, "And judging from the market's reaction... there are many people who have vaguely gotten the news. "

In today's market, the entire "Shanghai Stock Exchange Local Stocks" sector has seen much more capital inflow than he expected.

Moreover, the intensity of the fund-raising efforts from all walks of life was beyond his expectation.

This proves that the hidden benefits of the news he heard are by no means simple, and here... there is a high probability that a sustained mainline market will occur.

"How? How many chips did you buy?"

Seeing that the time had reached the last trading session at 2:57, Xu Xiang turned around and asked Zhou Kan.

Zhou Kan replied: "A total of 530 million chips have been purchased. Judging from the speed of building a position, it will probably take at least a week for us to invest all 2 billion in funds."

"and……"

Zhou Kan paused and then said: "If the subsequent market news continues to ferment and the funds on the market to raise follow-up funds further increase, I am afraid that the time for establishing a position will be extended."

"About a week?" Xu Xiang frowned when he heard this.

Judging from today's market movements, he estimates that it won't be too long before the good news is officially announced, which means that they will most likely not have more than a week to open a position.

"The speed of building a position must be accelerated." After thinking for a moment, Xu Xiang said, "Now that the main line of investment has been determined, there is no need to think too much about the cost of building a position. As long as there is selling on the market, then buy decisively. There are market expectations, and at this time... no matter what the cost is, you should be able to make a profit."

"Okay." Zhou Kan responded and wrote these words down.

While the two were talking, the time had already frozen at 3 p.m., and the two markets were about to close.

After a day of market trading, in the end, due to the comprehensive ebb of the core popular concept sectors of the GEM Index and its related popular stocks, the GEM Index closed down 2.13%, fixed at 1219.36 points, and the Shanghai Stock Exchange Index closed down 0.78%. The two cities as a whole Investment sentiment fell further than the previous trading day.

Amid the overall decline in the index...

The hot spots in the two cities were extremely scattered. Only the "Shanghai local stocks" sector showed a slight performance, creating a certain concentrated profit-making effect throughout the day.

Others either surged higher and fell back, or opened lower and moved lower, all in one fell swoop.

Among them, the 'big financial' sector, which was strong in the early trading, fell across the board in the afternoon. Many core-weighted stocks left a long upper shadow line. Only Shanghai Pudong Development Bank emerged from a relatively independent market, rising by about 6%. It led the rise in the entire 'big financial' sector and saw a significant increase in volume, with a turnover of nearly 2 billion.

"The ChiNext fell sharply again, and Shanghai Steel Union dropped its limit for the second time. Has the index peaked?"

Seeing such closing patterns of the two cities, many retail investors in the market were massacred again, and many people raised questions.

"Hey, it's like this every time. You get caught as soon as you catch up. In three trading days, the ChiNext fell nearly 100 points. Is this what the major analysts of the institution call the 'new trend in the market'?"

"Haha...institutional analysts? We all know these people. They are typical counter-arguments."

“Last week many institutions shouted ‘the bull market is back’, but the market then began to plummet and turn bearish. This slap in the face was really loud.”

"Is it really a scam to take over? Damn it...these institutional analysts are so heartless."

"I knew that the 'bull market', 'new economy', 'new trend' and so on were definitely lies. Fortunately... I held back this time and did not increase my position."

"Hey, my hand, why can't I hold it back today?"

"The GEM fell below the 20-day line today. I feel that the upward trend has really stopped. If this wave continues... I don't know where the bottom is. The key is that I am so short-handed. I also took over the Shanghai Steel Union today. "

"Judging from the early trading, I thought it would rise today, but I didn't know..."

“It’s all due to the market’s main funds that blindly pulled the ‘big financial’ sector, which caused a siphon effect of funds in the entire market and directly led to the collapse of the GEM.”

"Yes, I just don't understand. Why are funds attacking these big guys?"

"If we directly push the Shanghai Steel Federation to the daily limit and give us a counter-insurance expectation, will today's trend be so bleak? The popularity must have disappeared long ago."

"Who knows? The institution should save itself!"

"It doesn't look like it. Look at Shanghai Pudong Development Bank. There is too much inflow of capital today. This shouldn't be the way for the institution to save itself, right?"

"Whether it is true or not, these big guys are a cancer to the market with insufficient liquidity at the moment."

"Yes, with the current market liquidity, it is simply not enough to support the continuous surge in the 'big finance' market. In fact... today's market trend also proves this point."

"When a whale rises, everything declines!"

"The current 'big finance' cannot drive the market sentiment at all. After all, no one should still hold the extravagant hope for a full bull market in the market now?"

In the discussion where everyone questioned and complained...

The main institutions and market hot money groups of all parties clearly have different views on today's market trend.

"Today's market trend has shown that the chip structure within the ChiNext Index has completely loosened. It will not be possible to recover without a month or two of adjustment, right?"

"I think so too. Next... the market will most likely not hype around the previously popular "Internet finance", "mobile games", "wearable devices", "online video" and other "pan-mobile Internet" sectors. There will definitely be new directions."

"New direction, "big finance"? "

"Today'big finance' has indeed moved abnormally, and a lot of funds have entered. Among them, several oversold small-cap financial concept stocks have also hit the daily limit, but I think this direction is problematic. After all, the market is now short of liquidity and cannot support the market of such a large sector."

"The current Market liquidity can’t really support the riot of the entire financial sector, but I think…if there is indeed a major positive stimulus from the regulatory level or even the top level, then even if it can’t leverage the entire financial sector, there should still be some local market conditions, or speculation in related concept stocks. ”

“To be honest, today’s market conditions for the entire ‘big financial’ sector are a trend of rising and falling. Although there are abnormal movements, it can’t be said to be strong. Instead, the port shipping, logistics trade and real estate sectors that came from behind in the afternoon, some of which performed relatively well, such as Shanghai-Hong Kong Group and Shanghai Material Trade…Today, they performed very well. It feels like there is capital deliberately attacking these stocks…”

“Hey, what you said is true!”

“Everyone, didn’t you notice? Although Although the hot spots of the entire market today are very scattered, giving people the feeling that the direction of attack of various funds is very chaotic and directionless, but in fact... carefully observing, the stocks that performed relatively strongly today, greatly outperforming the index, and with more capital inflows, basically have a common feature! "

"What feature?"

"Among the stocks that moved abnormally today, such as Pudong Development Bank, Shanghai Material Trade, Shanghai-Hong Kong Group, Lujiazui, Oriental Venture, Jielong Industrial, Waigaoqiao...these all have a common attribute, that is, 'Shanghai local stocks'!"

"Fuck, I didn't pay attention to it before, now that you remind me, I found that it is true! "

"This must be some good news, right?"

"To sum up today's market trend in one sentence, that is, 'the form is scattered but the spirit is not scattered'. On the surface, various funds are indeed In fact, it is attacking everywhere, without any purpose, and there is no continuous hot spot, but in essence, the overall flow of funds in the market today is in one direction, that is, the concept of 'Shanghai local stocks'. "

"Shanghai local stock concept? What the hell is this?"

"Is the market rumor true? Regarding the local Shanghai market, there are indeed some heavy economic preferential policies, or tax policies? "

"I don't know, but many institutions are indeed spreading rumors in the current market."

"Without knowing the exact information, everyone started to scramble for stocks and speculate blindly?"

"It's okay to have expectations, no matter what good news it is."

"Yes, the current market lacks hot spots. As long as there is an expectation of good news, there is no need to worry about no one taking over. And looking at today's market performance, many institutions should have participated, right? This proves that the country will most likely not only have good news for the Shanghai market, but also great good news. ”

“There is an expectation, but it is not easy to speculate based on the attribute of ‘local Shanghai Stock Exchange’. After all, according to the regional division of listed companies, the companies registered and listed in Shanghai Stock Exchange are the largest in the entire market, accounting for nearly 200 stocks. If all 200 stocks are speculated, the pressure of pulling is even greater than pulling ‘big finance’.”

“It is definitely impossible to speculate almost 200 stocks.”

“Look at the stocks with the highest fund activity, the strongest trend, and the strongest market fund synergy. After all, our A-shares are a policy and news market. If there is any major good news to be released next, some core stocks will definitely move in succession and continue to strengthen.”

“Well, it makes sense…”

“From this perspective, today’s Shanghai-Hong Kong Group and Shanghai Stock Exchange Material Trade should be the most beautiful, and Pudong Development Bank’s trend is also beautiful, but the plate is already a super large block of hundreds of billions, with little flexibility, and is only suitable for large fund institutions that pay attention to liquidity. ”

“The Shanghai-Hong Kong Group’s market cap is not small, more than 30 billion.”

“I think the best performance today should be only Shanghai Commodity Trade. This check…if it can take off next, I’m afraid the space will not be small.”

“Indeed, the daily limit of Shanghai Commodity Trade today was too clean and neat.”

“It’s this check today. The turnover is insufficient, and it’s only the first daily limit. There is no data from the Dragon and Tiger List to support it. I don’t know which funds entered.”

"Let's look at tomorrow. If the market has expectations for this check, the opening tomorrow should not be bad."

"Hopefully, I hope I can get a check and quickly bring the market rhythm up, otherwise... if it continues to fall like this, the mood that has finally warmed up since June 25 will be wasted again."

"Yes, the Shanghai Steel Union collapsed, the market failed to switch between high and low, and there were no popular sectors to take over the sentiment. In the past three trading days, the money-losing effect has been overwhelming. Next... if we don't bring the concept of continuous profit-making to the market, Come out, the newly entered funds in the past two months should really run away again. By then, the liquidity of the entire market will dry up again, and I am afraid that the market will be even more difficult to operate than it is now. Alas... the money earned in one month will be lost in three days. It’s hard to take the loss back to me!”

Online and offline, countless hot money, and internal group discussions of major major institutions...

At this moment, many people are still frantically mobilizing their money and connections, and are inquiring about various news about the "good Shanghai stock market economic policy" in market rumors from various information channels, and want to know more accurately about the possible benefits. The specific direction of the news, and which stocks will be specifically positive.

And in this...

As the director of the intelligence department within 'Yuhang Investment', Lin Antu also got some information.

"You said that the country is most likely planning to launch a new special economic zone pilot in Shanghai?" Su Yu stared at Lin Antu with a smile, although he already knew that at this time, the relevant news of the 'Shanghai Free Trade Zone' must have begun to pass through the news Well-informed people have spread the news, but they still can't help but be surprised by Lin Antu's news channel, "Where did you hear about it? The special economic zone pilot project is not a trivial matter, and there are examples in the Shenzhen market. It seems that there is no need to do it again." Get one?"

"Yes... it was said by a friend of mine at Guangda Securities." Lin Antu replied, "And he also heard from their general manager that the news seemed to be coming from Yanjing. There should be no mistake. He Said that their investment strategy trading department is already making full arrangements for this matter.”

"certainly……"

Lin Antu paused and said with a smile: "It cost a lot for this news."

"Guangda Securities..." Su Yu murmured.

Suddenly a light flashed in my mind, and I remembered a major operation of this securities company in the A-share market in August this year, that is, this month. I smiled and said: "The investment strategy and trading department is already considered a securities company." In the company, the self-operated investment department is the core department, this statement... is somewhat credible. "

"I think so too." Lin Antu nodded, "Although it is second-hand news, usually the superiors will inform the subordinates in advance of this kind of news, so the credibility is definitely there, and he said that their department is planning this. This can mutually confirm the credibility of this news. After all, the positions of public funds are basically disclosed in a timely manner and are easy to verify. "

"Okay!" Su Yu responded, "Continue to pay attention to the news in this area and report any new information."

Lin Antu continued to nod. When he exited the office, he hesitated for a moment. Seeing that Su Yu was calm and calm, as if he had expected it, he couldn't help but ask, "Has Mr. Su heard about this a long time ago?"

Su Yu smiled and replied: "I can't say that I have heard about this before. I just made a guess based on the fund movements in the market."

"No wonder!" Lin Antu suddenly realized.

"Don't think too much." Su Yu saw that he looked slightly depressed, and knew that he was probably blaming himself for not digging up the information in time and wasting the company's money. He couldn't help comforting him, "This news of yours is still important to me. It’s very useful, and establishing the information line of Guangda Securities’ internal investment strategy and trading department will be very useful to us in the future.”

"Thank you, Mr. Su, for the compliment." Lin Antu expressed gratitude and then exited the office.

Su Yu looked at the other party's leaving figure, thought about the past of Guangda Securities, a domestic second-tier securities company, and its profound state-owned assets background, and already had another idea in mind.

What he just said to Lin Antu, 'This information is still very useful to me', did not refer to the 'Shanghai Free Trade Zone'. After all, this matter... The overall progress of the fund's position building has been completed. There was not much he could do except wait.

Rather, it refers to a major operation that Guangda Securities will make in the A-share market in August.

This manipulation...

According to the memory in Su Yu’s mind and the subsequent records of the entire domestic securities and financial history, it was called the ‘Guangda Oolong Finger’ incident by the majority of investors in the market.

This incident can basically be said to be a dark history in the history of A-share trading.

Although its impact on the domestic financial market is far less than the famous "315 National Debt" incident, its bloody and nonsensical level is simply worse.

Of course, standing at the time point when the event is about to happen.

Su Yu was not interested in the reasons for this incident, or even the causes and consequences. He was only concerned about one point. In this incident, for small and medium-sized funds, there was a huge opportunity for speculative profiteering.

The fund's positions are already full, and at this time, he will not adjust positions easily.

But his personal trading account, because he had to keep his investment completely separate from the fund account, had no positions in the last few trading days after he withdrew from Huake Jincai, and a total of more than 33 million yuan of funds were still quietly lying in the account.

And now, the opportunity has come.