Chapter 1427 [Today’s market can only be described as “crazy”]
As of the close of trading, all three major A-share trading markets closed in the red.
The New Securities 50 Index rose 2.39% to 5061.22 points; the Shanghai Stock Exchange Index rose 1.91% to 2804.23 points; the Shenzhen Component Index rose 2.36% to 8651.20 points.
The total turnover of the three major markets was 1.807 billion, of which the SGX market's full-day turnover was 1.1848 billion, ranking second in the history of the largest single-day turnover record, second only to the 1.1942 billion that hit Tuesday.
Today, the three major A-share stock indexes have all gone out of the sun. It is rare that the closing prices of the three major stock indexes are all the highest prices of the day. This means that the market has already reached the closing time before it has finished rising. It is certain that it will open higher next Monday, unless
There were major negative surprises on weekends and weekends.
Because the news that came out today is so heavy, the financial market was evaluated as "finance is the bloodline". Most investors are not yet aware of the gold content of these keywords, and many investors are even unaware of the news.
…
Xincheng, Jingxinju Villa.
At this moment, Fang Hong already knew that the SGX registration-based pilot project had been publicly praised by the higher authorities. The SGX 50 index was basically undisputed as the leader of the big A, and the Shanghai stock index was also lagging behind.
From now on, the NSE 50 Index will be the most important market index of Big A, and there is no doubt that its status surpasses the Shanghai Stock Exchange Index, both in fact and in name.
"The market is going crazy next Monday..." Fang Hong seemed to be talking to himself, then turned to look at the beautiful assistant next to him and ordered: "The trillion-dollar stabilization fund will operate in the open market next Monday, and 300 billion will be sold that day.
"
Tian Jiayi nodded: "Yes."
Fang Hong has already felt the craziness of the market sentiment and atmosphere at the end of today's trading. The short sellers have been completely blown away, and funds from all walks of life have been rushing to raise money like crazy. The SGX market has soared by nearly 400 billion at the end of the day.
Quantity energy.
Moreover, the SGX market has maintained a record of breaking RMB 1 trillion in transactions in a single market for a week in a row. Fang Hong did not need to check it. It is expected that at this time, there must be a lot of funds that did not listen to the advice and used leverage to engage in over-the-counter capital allocation and ran into the market.
These crazy funds can no longer be suppressed with just a few words, but they must be suppressed. This is when the trillion-dollar stabilization fund comes out to calm the market.
After a while, Fang Hong added: "In addition, let the SGX step up strict inspection of leveraged funds and OTC allocations, and find out how much leveraged funds have rushed in as soon as possible. Next Monday, the stabilization fund will take action and see if it can be done.
The market has calmed down, and if it doesn’t calm down, then add more money.”
Tian Jiayi nodded again.
…
As we enter the weekend, the news has spread and continues to ferment.
Various media organizations have also reported on it. Keywords such as "Economy is the body and finance is the blood" have been frequently cited as headlines in news reports by major media. They have continued to ferment and spread, and investors have also paid attention.
In addition, this weekend is another time to gather good news.
Just on the weekend of February 24, Dongwu announced that he would postpone the date of raising tariffs on Dongda products again, and Mao Yizhan ushered in new expectations of easing.
Foreign capital continues to flow into the A-share market in large quantities, especially the SGX market. The net inflow exceeded 200 billion yuan in the five trading days this week, setting a new single-month record before February is over.
Supervision encourages insurance funds to enter the market. In a recent interview with the media, the China Banking Regulatory Commission news letter writer stated that the China Banking Regulatory Commission encourages insurance funds to increase their holdings of listed company stocks and participate in capital market investments.
In terms of external markets, global stock markets are also having a great time, sweeping away the gloom of last year. The magnesium stock market has also risen again recently due to expectations of news about easing the Mao-Yi war.
The latest data shows that bond defaults and other phenomena have been alleviated, especially since the Shanghai and Shenzhen Stock Exchanges next door continued to decline. One of the reasons for the continued decline a year ago is the market's concern that the goodwill of listed companies, equity pledges, bond defaults and other phenomena will explode.
However, since the beginning of 2019, there has been no relevant news in the market.
A number of macro data will be released tomorrow, and the export growth rate is also expected to further increase. At the same time, judging from the fact that since the Spring Festival holiday, the movie box office has reached a new high and tourist attractions in various places are full of people, analysts generally expect that the consumer market is expected to have a good start this year.
In addition, it is worth mentioning that the property market is still sluggish this year, which makes funds further prefer to invest in the stock market. In the new year, the price of second-hand housing in first- and second-tier cities has fallen across the board. Not only is the transaction volume of the property market in first-tier cities such as New Taipei, Guangzhou, and Shenzhen sluggish, but last year it was huge.
Second-tier cities that experienced rising prices have also cooled down significantly.
Under this circumstance, funds in the property market are also flowing out and have become a major reinforcement for the stock market.
During the two days of the weekend, the screen was almost full of good news, which was overwhelming.
At the same time, many investors are trying to get money to enter the market to increase their positions during this weekend. Some retail investors even borrowed money from a certain treasure to cash out and enter the market. They all think that entering the market now is an opportunity to make money. In fact, this is increasing leverage.
Formal and informal, just the degree of leverage is different.
There are even some investors who ask friends to borrow money, claiming that they need it urgently, but actually borrowing money to increase their positions.
…
After the weekend, the time comes to Monday, February 25th.
The A-share market ushered in the first trading day of the new week. Under the intensive bombardment of positive news during the weekend weekend, the three major stock indexes collectively jumped short and opened high.
The NSE 50 index opened sharply higher by 1.58% at 5141.05 points, and the direct bidding stood at the 5100 point mark; the Shanghai Composite Index opened sharply higher by 1.22% at 2838.39 points, and the Shenzhen Component Index opened sharply higher by 1.78% at 8804.97 points.
At 9 o'clock in the morning, the SGX market opened first. The SGX 50 index opened higher and moved higher. It jumped sharply and opened higher without any backlash. It opened with volume and went out of the barefoot sun.
Then at 9:30, the Shanghai and Shenzhen stock markets opened as scheduled, and they also opened higher and moved higher. The three major trading markets collectively went up. The three main lines on the market were the technology of the SGX market, the big finance of the Shanghai stock market, and the entrepreneurship of the Shenzhen stock market.
The short-sellers were completely crushed by the long-sellers, and they were unable to resist.
All industry sectors surged across the board, and individual stocks went on a daily limit trend. More than 500 stocks on the three major trading markets closed their daily limits. Among them, about 200 stocks on the SGX reached their daily limit. Only 13 stocks fell on the three major markets.
The most spectacular thing is undoubtedly the concept of big finance. All 42 stocks in the brokerage sector have reached their daily limit, and securities ETFs have exceeded their daily limit for two consecutive times. The insurance sector is also close to its daily limit today, and the banking sector has also increased by more than 8%. The major sector indexes of the Shanghai and Shenzhen stock markets have also risen by more than 8%.
The increase exceeded 5 percentage points.
At this moment, the entire A-share market can only be described as "crazy".
The weakest rise today was the NSE 50 index. The market indexes of the Shanghai and Shenzhen Stock Exchanges next door had already reached 5 percentage points in the afternoon, while the NSE 50 Index only rose by about 2.5 percentage points.
Because the SGX Trillion Stabilization Fund is calming down the crazy bulls in the market and has been selling like crazy. The Stabilization Fund is not only releasing selling pressure on the six major SGX 50 ETFs collectively, but also releasing selling pressure on other individual stocks.
But even so, today's bullish strength exceeded Fang Hong's expectations.
Tens of billions of selling pressures from the trillion-dollar stabilization fund came one after another, and the market was able to withstand it!
A wave of selling pressure of tens of billions of dollars was released in an instant, which only reduced the volatility of the NSE 50 Index by about 0.5 percentage points. However, it did not cause funds to follow the trend and sell the market. Instead, it was driven back into the market after the impact.
The over-the-counter funds took over and then quickly rebounded.
Stabilization funds have to continue to release selling pressure, otherwise the time-sharing line will be unable to hold on and continue to rise.
As time went by, until about 14:37 in late trading, the 300 billion planned selling pressure of the Trillion Stabilization Fund was completely released. Since Fang Hong did not receive the latest order for additional selling pressure, the Stabilization Fund was
After releasing 300 billion, he chose to stop there.
The NSE 50 index could no longer be suppressed. It broke through the 3.05% level in late trading and continued to rise...
