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Chapter 295 [GEM gongs open]

Chapter 295 [The GEM opens with the gong]

The next day.

Friday, October 30th.

In today's A-share market, the market call auction opened at 3007.25 points and opened higher by +1.58% to welcome the opening of the GEM.

However, after the market opened, the market plunged below 3,000 points and did not start to rebound until around 10 o'clock.

There is no doubt that today is a historic moment for Big A. After the global financial crisis last year caused the A-share market to plummet, the market began a new exploration, and the Shenzhen Stock Exchange GEM came into being.

Today, the GEM market opened, and the first batch of 28 stocks became the most popular stocks in the two cities today, overshadowing Dongbai Supermarket, which has been on the market recently.

Jingxin lives in the trading room on the second floor.

Fang Hong is also paying attention to the 28 new stocks listed on the GEM. Today, almost the entire market's attention is focused on these 28 new stocks. They surged straight up at the opening and then triggered the trading suspension mechanism.

Those who won the lottery had a collective carnival, and their money doubled, or even tripled, within a day.

For example, Anke Biotech once soared +279.41% during the session. According to the price increase and decrease regulations for new shares on the GEM on the first trading day, the opening price of new shares on the first day of listing is based on the temporary suspension threshold of ±20% and ±50%.

A new ±80% trading suspension threshold has been added and trading will be suspended directly until 14:57 at the end of the trading day.

The 28 newly listed stocks without exception hit the ±20% and ±50% trading suspension thresholds during the session. Trading was suspended for half an hour and trading resumed, but immediately surged and was suspended again for half an hour.

However, no stock triggers the third level ±80% trading suspension threshold, because once it is triggered, trading is not suspended for half an hour, but trading is suspended directly until the last three minutes of the last trading day, and there is no time to ship.

In one case, the village chief said in the first two days that he would take four measures to curb excessive speculation on the first day of listing on the GEM, including implementing key monitoring, closely monitoring the transactions on the first day of the GEM, and implementing precise crackdowns on illegal accounts in a timely manner.

Adopt intraday trading restriction measures; strengthen follow-up transaction supervision, strengthen information disclosure, implement a special trading suspension system to curb continued speculation; further increase penalties, etc.

It is worth mentioning that there is a difference between the opening of the market and the opening of the market. Today, the GEM opened, and 28 listed companies landed on the A-share market.

However, the GEM has not opened yet, which means there is no GEM index yet. In other words, A-shares still only have two major indexes, the Shanghai Composite Index and the Shenzhen Component Index. The GEM Index will have to wait until next year.

Fang Hong, who is foresighted, knows the historical trajectory. If nothing unexpected happens, the ChiNext Index will open on June 1 next year, and by then there will be three major stock indexes in Big A.

But at this moment, among the 28 new stocks listed on the GEM, Fang Hong is mainly focusing on three of them, namely Yiwei Lithium Energy, Huafian Testing and Aier Ophthalmology. These three targets are the value investment targets of Qunxing Capital.

When the new shares were issued and listed, Qunxing Capital participated in the subscription. After the opening of the market, Qunxing Capital also continued to increase its holdings, but it was still far from the 19.98% ratio given by Fang Hong.

For these three stocks, Qunxing Capital will continue to increase its holdings until they account for approximately 20% of the company's total equity.

The line of no more than 20% means that Qunxing Capital will not seek control of the company, and at the same time, the tax can be reduced if the ratio does not exceed 20%. If it exceeds this ratio, you will have to pay more taxes when you cash out.

As an investment company, Qunxing Capital invests in a 20% shareholding ratio of a listed company as a key benchmark. If it is not seeking control, then it is a pure financial investment, and it will not exceed this ratio. It will only be exceeded when seeking corporate control.

this ratio.

For the 28 listed companies listed today, Fang Hong, as a time-travelling reborn, is very clear about their future fate. In ten years' time, A-shares will have changed beyond the eternal 3,000 points of the market.

Ten years later, the performance of these 28 GEM first-listed companies was as good as ice and fire. Shenzhou Tiyue, which had the highest IPO price, almost delisted due to major changes; Hua, which once attracted much attention because of its many entertainment stars,

Yi Brothers also struggled to operate after that, not to mention the emergence of Yixing Media Group because of Fang Hong.

As for Baode Shares, Jinya Technology will face delisting in the future.

Among the first batch of companies listed on the GEM, the top three companies with the highest growth after ten years are Yiwei Lithium Energy invested by Qunxing Capital, Aier Ophthalmology and China Side Testing. These three listed companies are all so-called hot spots in the future ten years.

Track stocks.

Among them, Yiwei Lithium Energy has grown into a domestic lithium battery giant, Aier Eye Hospital has become the world's largest eye hospital, and China Side Testing has caught up with the spring of medical testing services because of the Y situation ten years later.

"Um?"

At this moment, Fang Hong, who was watching the market, saw a small intraday window news:

[The concept of restructuring picked up in the afternoon, and the stock price of Dongbai Supermarket reached 17.59 yuan. It has won 11 consecutive boards since the first listing, and the current transaction volume is 1.3 billion yuan]

Fang Hong couldn't help but switch to the market price of Dongbai Supermarket stock and take a look. Today, this stock ended its daily limit-opening momentum. The call auction opened 6.61% higher. After the opening pulse, it quickly dived, at 9:45

The stock price turned green for about a minute.

But then it was pulled up again. It fluctuated violently at a high level around 7 percentage points throughout the early trading. Just after it successfully closed the daily limit, it came out of the ultra-high-standard market on the 11th board. The cumulative increase on the 11th board was +185.09%, and the cumulative increase from the lowest price

It reached 207.51%, and Fang Hong’s position floating profit also reached +179.65%.

Dongbai Supermarket closed the daily limit at the end of the afternoon because this ticket followed a different logic. Yesterday, this ticket began to increase in volume. Today, the volume can change hands fully. It is strong whether it is weak or not. Logically speaking, it will be strong in early trading.

It should have taken a big dive, but it still couldn't fall at 14:00 in the afternoon, and it directly pushed the daily limit in the late trading.

Of course, thanks to the trend of the market, the Shanghai Stock Exchange Index once shot up +2.22% in the afternoon, but then began to fluctuate and fall back. To be precise, the first batch of 28 stocks listed on the GEM fell sharply in the afternoon, releasing a large amount of profit-making funds.

.

This made Dongbai Supermarket gain the favor of funds. In the afternoon, some big funds saw this high sentiment and responded with a backhand.

The higher it rises, the less retail investors dare to buy, and the higher it rises, the less retail investors dare to buy.

Dongbai Supermarket's 11th daily limit is a proper leading strategy. The 28 companies listed in the first batch of GEM are superstars today. They will become obsolete after today. The reason is naturally that they have too many overdrafts.

, the collective effort doubled or even tripled or nearly tripled the increase on the first day. How can Q7788, which was overdrawn in just one day, expect to achieve higher levels in the future?

The funds are not stupid, not to mention that the profits started to flee in the afternoon. There is no kind of fund that can help people on the top of the mountain.

In comparison, the temperament of Dongbai Supermarket, which is supported by the concept of restructuring, is extremely outstanding. Today, this divergence board has been tested and recognized by market funds.

The overall leader is undoubtedly the leader.



Monday, November 2nd.

Entering the first trading day of 11 minutes, Big A opened today at -2.07%. However, after the opening, it showed a unilateral upward trend. There was a wave of momentum that opened low and moved high, until the Shanghai stock index rose sharply +

2.70%, closing at 3076.65 points.

The reason for the explosive bidding was that today the Shanghai and Shenzhen Stock Exchanges released the implementation details on handling transactions under extraordinary circumstances. At first glance, everyone saw that the results were not as bad as expected, and then they started bidding all the way.

At present, Dongbai Supermarket, which is the most popular in the two cities, opened in deep water today, but it also opened low and moved high. It finally closed up +3.95%, with its stock price hitting a new high of 18.28 yuan, and its transaction volume was 1.286 billion yuan.

Fang Hong’s bargaining chip holding the stock remains unchanged, and the pattern continues!

In the next few days, the stock continued to rise, opening lower and moving higher every day, before rising higher and falling back in the afternoon.

Tuesday closed up +2.63%, with a turnover of 1.17 billion; Wednesday closed up +2.44%, with a turnover of 1.233 billion; Thursday closed up 4.59%, with a turnover of 1.249 billion.

By this Friday, Dongbai Supermarket still opened low, and after the opening, it continued to open low and move high. The investors who participated in the speculation were still doing the operation of selling high and buying low on this stock as usual.

As a result, Dongbai Supermarket's script today did not follow the routine. Investors all pounced on the market when it rose by 6 percentage points in the afternoon, preparing to pick it up at the end of the day. But at 14:27, the stock price was adjusted to +3.46%.

When the time comes, the volume will directly increase.

The stock price of Dongbai Supermarket rose to 22.12 yuan, an increase of +10.02%, sealing the daily limit, with a full-day turnover of 1.452 billion yuan.

The stock investors who were selling out were slapping their thighs.



Monday, November 9th.

Dongbai Supermarket immediately jumped sharply and opened higher by nearly 5 percentage points. Retail investors did not dare to chase the high. They were afraid of diving high and being caught first. If they bought it today and the price fell sharply, they would take over at a high position.

After the market opened, Dongbai Supermarket opened high and dived back. The investors who didn't buy in were secretly relieved. They were right not to pursue it!

But he was quickly slapped in the face!

After only one minute of retracement at the opening, Dongbai Supermarket immediately surged in volume. In less than 20 minutes after the opening, the stock price directly reached the price of 24.33 yuan, rising +9.99% to seal the daily limit.

Today, it went straight out of the shrinking daily limit, with a full-day turnover of about 790 million.

Shareholders were stunned.

This outrageous rise is beyond the awareness of short-term players.



(End of chapter)


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