As time went by, the A-share market announced the results of the call auction at 9:25.
Thousands of stocks in the two cities once again fell to the limit and opened, and hundreds of millions of stockholders mourned everywhere.
During the bidding stage, the Shanghai Composite Index directly broke through 3700 points and 3600 points in succession, and opened with a super large gap of -6.97% at 3467.40 points, directly setting a new low since this round of catastrophic market conditions.
As expected, Zhongguopingan fell by the limit and opened today. The short-sellers are determined to win today because they are sure that Fang Hong will not come today. The short-sellers will be happier if he comes. Even if it gets busted again, it is not unacceptable.
As long as Fang Hong doesn't come, the short-selling forces will really have nothing to lose to other opponents.
In addition, the brokerage sector was also in a panic today, opening sharply lower than -8.12%. Individual stocks fell to the limit and opened in large areas. As soon as the news of 270 billion came out, investors stepped on the direct bidding.
Even the banking sector, where Qunxing Capital's main funds are located, opened sharply lower today -4.79%.
Hundreds of millions of stockholders in the two cities were desperate to see the opening of the index. However, what made the stockholders feel fortunate and quite unexpected was that the main boards of the two cities were filled with fierce bidding, and small and medium-sized enterprises were unusually strong today.
The GEM index call auction only fell by 2 percentage points. The vast majority of investors still don’t know about K God coming to small and medium-sized enterprises to support the market, because it will take time for the news to spread. However, major institutions and some well-informed people
I already knew this before the market opened.
Therefore, the SME index is much stronger than the main board indexes of the two cities during collective bidding.
At the opening of trading at 9:30, the Shanghai Composite Index opened lower and then quickly fell further, reaching a low of 3421.52 points, a drop of more than -8.17%, the largest single-day decline since 2007, and the two cities were filled with lamentations.
The 22 listed companies under Qunxingxing also opened sharply lower again, and quickly collectively hit the limit at the opening.
The sub-new stock WeChat -10.01% fell by the limit, 23.47 yuan per share, the market value shrank to 516.3 billion, the peak market value was 990.6 billion, the cumulative decline was -47.88%, almost halved; Quantitative Capital -10.00% fell by the limit, 440.45 yuan per share, the market value shrank to 615.7 billion
, the peak market value was 1.3301 billion, with a cumulative decline of -53.71%, and it has already passed the midpoint; Toutiao fell by -10.00%, to 79.39 yuan per share, and the market value shrank by 99.2 billion, with a peak market value of 237.1 billion, with a cumulative decline of -58.16%, which is almost a big cut.
.
In this round of irrational decline in the catastrophic market, the stock prices of the 22 listed companies under the Group Xingxing Group have definitely gone too far and have become seriously oversold.
At this moment, all the major stock forums and communication groups in the two cities are filled with howls of despair.
[Destroy it, hurry up, I’m tired.]
[Haha, there’s no way to play, there’s no way to play, the battle ends at 9:30 every day.]
[Wrong, the battle ended at 9:15.]
[Hahahahaha...]
[A total of 1,600 listed companies have been suspended from trading today. There will be no need to rescue the market in three days, because almost all of them are suspended from trading. There will be no harm if there is no trading. Please help the exchange to turn off the lights, power, and water supply for the last suspended company.
, lock the door. Then, remember to give the key to the old man at the door, named XG]
[Haha, this is too funny to answer.]
[I received a message from my boss this morning, asking me to urgently notify customers and contact them quickly to clear their positions. Be sure to contact everyone, especially customers with classified Class B funds and financing...]
[In a word, without large-scale meat cutting, the stock market will not reverse.]
[I want to cut myself off, really, but please don’t suspend the trading, please let me out!]
[Watching the bloody battle between God K and the short-selling forces in the past two days has been very exciting, but then watching my stock account crazily drop to the limit, I feel really aggrieved, silently crying under the quilt...]
[Am I the only one who thinks the bailout has failed?]
[Both over-optimism and over-pessimism are undesirable. You can say that the market rescue has failed, or you can say that the adjustment has taken a big step forward and is getting closer to stopping the decline. If the dip fails, it is acceptable to hold the stock for a long time.
, if you don’t find a good stock that can be held for a long time, don’t buy at the bottom, especially junk stocks that originally cost only a few yuan but have been speculated to hundreds of yuan. Don’t think that it’s safe if you cut it in half. There is no bottom.
If you want to buy stocks at the bottom, for example, stocks of Galaxy are good. They have cut in half in large areas. I have seen many people say before that stocks of Galaxy must be bought if there is a deep correction. Now, not only has the correction been deep, many of them have already cut in half. At this time, it is
Fear or greed? I guess not many people are interested, but I choose greed and have started to build positions and buy at low prices. I bet that the galaxy will return to its peak or even reach new peaks. I believe in God K. Of course, I don’t recommend it.
Anyone who buys it, it’s good to watch the show at this time.]
[The brokerage sector is going to hit the bottom limit, it’s so stupid!]
[This plunge has seriously damaged the vitality of securities companies, and the wave of downgrades and layoffs is not far away. In addition, the bullish belief in the bull market has exploded, hetui~~]
…
Market sentiment plummeted to freezing point at the opening, with countless desperate investors venting their dissatisfaction in forums and communication groups.
However, at 9:33, the market index began to rebound upward.
Because the main rescue funds of Qunxing Capital are booming in the banking sector, and the petrochemical giants are also rising. Today, Fang Hong will be in charge of adding another small and medium-sized venture in the banking sector, and will not care about other places, such as the brokerage sector and the insurance sector, including the petrochemical giants and
Ignore the Chinese prefixes such as CRRC.
On the one hand, 200 billion-level liquidity is injected into it every day. There is no problem for a day or two. Even Fang Hong can't bear to do this every day. He has prepared 2 trillion liquidity to be managed for about 30 days. If this intensity is used,
All the prepared ammunition was used up in ten days, and Star Capital couldn't bear it.
If there is no other way to get it, it would be much better to use the money to climb the technology tree and invest in cutting-edge technologies such as space exploration, quantum computers, and greenhouse superconductivity.
On the other hand, you are so full of energy that you are fighting fiercely with the short sellers in front, and your own people are making troubles to make operations more difficult. Some of your teammates are acting like bastards in the back, and some are even more extreme. You don’t even shout 666, but you still have to give it to your teammates.
Just increase the intensity.
So today we only focus on the banking sector and small and medium-sized enterprises, and leave other areas to others, including Zhong Guoping, the financial coach. Even if he wants to, he can’t take care of it. He can only leave it to his teammates. If they can withstand it, they will be pulled down.
At this moment, Zhong Guoping's position cannot be attacked by Qunxing, so the friendly forces have no choice but to attack.
Qun Xing still continues to hold the bank sector, which is the most weighted position, today. In addition to the bloody battle between the short forces in the previous two days, the other places are ignored at the moment, and the friendly forces can't shame it and come to Qun Xing, and they also know that they are being a bastard.
, are all sensible people, and generally have some idea in their minds, knowing that the stars are sending out signals of dissatisfaction.
…
As time went by, about 20 minutes after the market opened, the ChiNext Index fluctuated at -2% for 20 minutes and then experienced a unilateral rise for ten consecutive minutes. Today's selling pressure had been caught in the first 20 minutes.
There has been no killing.
In about twenty minutes, the selling pressure was basically released, and the bulls began to enter an upward attack.
Around 9:54, an intraday news went viral.
Cailian News: [Relevant people familiar with the matter said that Qunxing Capital urgently contacted a number of public equity institutions before the market opened and requested to open the subscription channel for its closed small and medium-sized board-related index funds. Qunxing Capital will spend 70 billion to indirectly increase its holdings on a large scale.
An insider from Qunxing Capital responded: The news is true.]
Major market software also pushed this news from Cailianshe through small window prompts.
The desperate investors who were buried in small and medium-sized enterprises burst into tears when they saw this news.
All of a sudden, all the stocks of small and medium-sized startups that had not been suspended from trading stood up. Investors witnessed with their own eyes that all the small and medium-sized stocks that were stuck on the lower limit were pried open. The ChiNext Index also instantly stepped out of the concussion range and quickly rose to a unilateral upward trend.
