The news that Dixing Investment has launched two companies in succession has just come out, triggering the emotions of countless investors in both A-share markets.
Dixing No. 1 announced its holdings of stocks, including BYD, Fara Electronics, Jude Times, Tianqi Lithium, and eight other stocks.
The respective market values of these companies range from 10 billion to 500 billion. Except for the Zude era, they were listed for less than a month, but they are still popular today, and they still have the name Ning Wang.
The remaining seven companies all perform tepidly in the market on weekdays, with average corporate price-to-earnings ratios and other data, without many bright spots.
The so-called lack of bright spots refers to the financial market.
To put it bluntly, you can’t blow the market, and you can’t make a big deal with investors. It’s hard to make money by talking about some financial jargon such as product empowerment.
They all work steadily and specialize in a certain type of enterprise, which is what the market often calls value investment.
A typical example is Fuyao Group, which produces automotive glass, ranking second in the world and first in China.
Ironically, value investing is not popular in the financial market, and it is difficult to obtain the funds needed for corporate development from the market.
Because this type of enterprise has good market development rules.
This year we will earn one billion, next year we will earn 1.5 billion, next year we will earn 2 billion, and our market share will slowly increase.
However, neither hot money nor retail investors actually like to invest in this kind of enterprise. The prospect is bright and the end can be seen at a glance, so it is impossible to achieve success in one step.
There may not be a daily limit in a year.
I would rather invest in some hot junk stocks.
The essence of the capital game is to beat the drum and pass the flowers, and everyone is confident that he will not be the last one to take over.
However, with the exposure of Dixing No. 1 stock holding data, many people realized that the market was about to change.
Value investing may become the mainstream of the market in the future, and junk stocks and hot stocks will eventually become the dust of history.
The most obvious thing is that it was directly reflected in the market. Once the exposure of the eight holding stocks was exposed, all of them immediately reached their daily limit.
They are both floor and floor boards. If you buy them in the morning, you will earn 20% profit on the same day.
The market cannot go short, so you want to hedge risks and make up for previous losses when the market drops sharply.
Then under the leadership of Dixing Investment and the influence and blessing of Lu Beifeng.
Value investing will become a good outlet.
Eight stocks held by Dixing No. 1 were exposed.
Instantly unable to buy at the daily limit, retail investors and hot money institutions began to consider buying other valuable companies.
Dixing-1 was like a meteorite that crashed into the lake of the A-share market, setting off huge waves.
Two forty in the afternoon.
In the past ten minutes, the index has successively regained the 2,700-point level and the 2,750-point level.
The current index is 2755 points,
Decline -4.9% (-145 points).
The entire market is revitalized.
Zhou Chongming exhaled slowly, looked much more relaxed, and said with a smile: "It can be expected that the index will regain the 2800 level before the market closes at three o'clock."
Lu Beifeng looked down at the exchange rate of the offshore U.S. dollar currency, with a solemn expression, and shook his head and said: "It's not that simple, Chongming, give the order immediately."
"Incorporate these three stocks, Texas Instruments, HKUST, and Huadian, into the target of raising placards. If it is still not enough, then buy a large number of stocks of the four major banks."
"At any cost, we must recover 2,800 points before the stock market closes at three o'clock."
"Then the foreign exchange market will arrange another 50 billion in margin and use triple leverage."
At the same time, Lu Beifeng explained: "The foreign exchange market did not rise but fell, and the exchange rate was still suppressed. There must be something wrong with this, and we cannot take it lightly."
Financial markets and foreign exchange markets influence each other.
The domestic stock market was revitalized, and the foreign exchange market should have been affected by the surge. Indeed, there were many more international speculators, switching from short positions to long positions.
However, the short sellers were fierce, and the surge in A shares affected the foreign exchange market. At that time, the price surged by 50 basis points, but it fell instantly.
And it dropped by 30 basis points again, and now the day's decline exceeds 205 basis points.
Lu Beifeng's losses exceeded 60 billion, and he was getting closer to the 70 billion forced liquidation line.
If you don't add margin to increase the fault tolerance rate, you will be raided again and the forced liquidation line will be triggered.
Everything you do today will fall short.
They hold more than 200 billion long soft sister currency funds. Once the liquidation line is triggered, all 200 billion funds will be released and turned into short-selling bullets.
The exchange rate will plummet.
Previously, it was slightly better than the other party because of its momentum, but after all, it is Quantum Fund, which has been famous for a long time and has rich experience.
Even if Soros is not in control now, the fund manager is much more difficult to deal with than he imagined.
Judging from the performance of the foreign exchange market, we can guess that they must have back-ups.
And it is very likely to be the A-share market.
The index of 2800 is not so easy to recover.
Zhou Chongming's face changed slightly when he heard this, nodded, and immediately went to give instructions.
At 2:50, there are only seven minutes left before the last time for trading. The last three minutes are the closing call auction time, and no transaction details can be seen.
The index is at 2795,
It was about to regain 2800 points and suddenly suffered heavy losses.
It fell to 2785 points in an instant.
Today's fluctuation exceeds 240 basis points. From a macro perspective, these 10 basis points may be nothing.
But this time is very delicate.
It was the last ten minutes before today's closing, and it was also the time when Lu Beifeng started to blow the counterattack horn at 2:30, stopping the upward trend for the first time.
People who have studied finance know that in the last ten minutes, there was still resistance in regaining the 2800 level.
What does this mean?
If it continues to rise and regains the 2800-point level naturally, the market situation will naturally be great tomorrow.
It is obvious that 2800 points can be recovered in the late trading, but there is resistance, so it is hard to say what the market will be like tomorrow.
The market may open flat,
On the other hand, it is like today, when the market opens low and moves low.
It can be expected that once this change materializes, no one will be optimistic about the subsequent market trend.
Anderson, the manager of Quantum Fund, also knew that, so when the foreign exchange market was slightly inferior, he did not rush to fight back, but chose to hibernate first.
Take a look at what medicine Lu Beifeng sells in his gourd, and then prescribe the right medicine.
Raising cards one after another, positions are exposed.
He really admired and envied Lu Beifeng's influence, which could actually save a market that was on the verge of collapse.
This kind of influence is even worse than BOSS in its heyday.
such a pity,
His belief in capital is not pure.
You are bound to lose miserably.
The surprise attack in the last ten minutes was Anderson's plan. A good fund manager must have a deep insight into people's hearts.
As long as the 2800 point is stuck at the end, the recovery will be prevented until the market closes.
So no matter how well Lu Beifeng did in the past 20 minutes, he will still be a loser.
People's hearts are greedy.
When it falls to the limit, it is eager to break through the market; when it is broken, it is eager to pull back; when it is pulling back, it is eager to rise; when it is rising, it is eager to reach the daily limit.
The recovery of the index at 2,800 points should have been considered a certainty by retail investors.
But once the recovery fails, the huge gap caused will be enough to bury Lu Beifeng and the A-share market.
Shorting U.S. stocks has affected the Chinese market and implicated the foreign exchange market.
Step by step, each link is linked to the other.
The A-share market closes at three o'clock in Beijing, but the foreign exchange market closes at 11:30 p.m., and settlement takes place at nine o'clock the next morning.
The A-share market is the main battlefield, and the last ten minutes of closing will determine the direction of the entire situation today.