When the news was confirmed, the entire market raised the same question: Lu Ming, what do you want to do? Do you want to run away?
Before the market opened, the entire market was already stunned by this sudden news. Investors in the market were panicked by the news and talked about it before the market opened.
"What are you doing? Is Tiansheng Capital planning to run away?"
"Compensated transfer? Let LP institutions take over? What kind of operation is this?"
"So, is this bad news or normal news?"
"Remember an iron rule, no matter what the news is, as long as the news is released at a high level, it will be regarded as bad news. Now that the blue-chip big-ass stocks have risen to the sky, Tiansheng Capital suddenly transferred 750 billion out, there must be something wrong!"
“Damn it, last Friday’s big ass stock price plunged, Maotiu fell sharply, even the official media was shouting that Maotiu’s stock price was too high, and the China Youth Daily also published an article criticizing speculation in small stocks, speculation in bad stocks, speculation in new news, and trendy news.
"
…
During the pre-market period, when the market had not digested the unexpected news that Tiansheng Capital had transferred 750 billion, another truly big negative news broke out.
At 8:37, various media reported that regulators jointly issued major new regulations on asset management, namely the "Securities Trading Management Measures" were officially revised to improve internal efforts to promote front-line supervision.
Some securities analysts commented on this news: Unresolved historical problems such as multi-layer nesting, unclear leverage, and rigid redemption are expected to be clarified, and the era of big asset management that has grown wildly in recent years is likely to be gone forever.
Return, deleveraging is inevitable.
Then at 8:45, another important news came out, which was about setting up a specific roadmap and timetable for transferring part of state-owned capital to replenish the social security fund. The pilot will be launched within the year. Once this news was announced, the market
All investors immediately recalled the news released by Tiansheng Capital in the previous press conference, and naturally connected the two.
Before the start of the morning trading, three major news were released one after another, and they were all heavy news. The whole market was confused by these news and could not handle it for a while.
If it is released on weekends and weekends, everyone will still have plenty of time to review and analyze.
Now, it’s really about to open!
what to do?
No matter what the situation is, no matter what you do, just one word:
run!!!
Let’s run before we figure it out!
As time came to the bidding stage, all the coefficients of the three major Big A indices jumped short and opened low. There was almost no suspense.
After the market opened at 9:30, the three major indexes plummeted across the board and fell at an accelerating rate. Many institutional investors were trying to flee regardless of the cost.
If you run, I will run too. I didn’t know the situation, so I opened the market software and saw the diving trend. I ran away like crazy. I was so scared that I didn’t even understand the situation and ran away!
Anyway, let’s talk about running away!
"Oh my god, the sickle is coming, leeks, run away!!"
"Everyone, stop right here and let me run away first!"
"The liquor has collapsed and I have nothing left!"
"The cycle is also broken!"
"It's collapsed, it's collapsed, it's all over the place!"
"The Wozhnima Securities sector collapsed again, reaching a new low!"
"The brokers... really don't want to say anything anymore. They won't move as the sectors rotate, and they will collapse even more when the market crashes."
"Why? Why did the stocks of securities companies in the securities sector crash, but Tiansheng Holdings was able to stay sideways? Why on earth is this?"
"The National Securities 2000 Index fell below all the gains since May, hit a new low, all small tickets were killed, the stock market crash is coming, and there is no way to play this market!"
"How do you play with this horse rider? How do you play with Big A?"
"Wait a minute, Tiansheng Holdings is actually popular. Can you believe it?"
"Tiansheng Holdings rose +1.25%, and everything else in the securities sector was green. I laughed!"
"Why is this happening?"
"Look at the mood of the main force, where and why are there so many?... [manual funny]"
"Isn't it normal for Tiansheng Holdings to rise? It's one thing to transfer 750 billion yuan for a fee, and the LP institution that takes over is one thing, but for Tiansheng Capital, it means an excess performance commission."
"That makes sense. Wait a minute. Isn't the paid transfer a way out? It's because Tiansheng Capital wants to get dividends and excess performance commissions?"
"It is also possible, because Tiansheng Capital's profit margin for LPs is indeed very generous. It manages three trillion assets, but collects more than seven hundred billion in management fees. I would feel like losing money."
"Yes, Tiansheng Enchantress' last 200 billion cash dividend operation was also a profit-taking operation in order to collect more management fees."
“Is the market overreacting?”
…
In the first ten minutes of early trading, the three major indexes fell sharply. The Shanghai Stock Exchange Index fell by more than -1.32%, the Shenzhen Stock Exchange Index fell by more than -1.81%, and the ChiNext Index fell by more than -2.02%. However, the decline suddenly stopped just after 9:40.
Originally, the market fell sharply, but suddenly there was a disagreement. Some investors reconsidered the reason why Tiansheng Capital transferred 750 billion for a fee this time. If you think about it carefully, it is a large institution and there is a large amount of social security funds. How can these be done?
Can you lose money?
Overreaction, overreaction!
So the market started to stop falling and rebound at this time.
At 9:42, all major market software push small window prompts:
[The chip concept sector moved up, with Shengbang Technology, Tongfu Microelectronics, and Guangxu Technology rising by the daily limit; Changdian Technology, Weir Technology, Beifang Huachuang, Shilanwei, etc. followed suit]
No one thought that today the technology sector, one of the three biggest scumbags in Big A, would stand out in the early trading. Some people seemed to have figured out some patterns. When the liquor consumption sector collapsed, general securities firms and technology sectors
He will stand up and perform.
As for the brokerage sector...it is now a sector that is despised by thousands of people.
At 10:23, the major market software popped up another small window prompt:
[The chip semiconductor sector continues to rise, with TEDA shares, Chaoxun Communication Board hitting the daily limit, Navstar, Jiejie Microelectronics, Zhongke Shuguang, etc. following suit.]
At 11:17, small window prompts popped up on various major market software:
[The chip and semiconductor sector has set off a daily limit trend, and 10 stocks including Guokewei, Jinli State, and Jiang Huawei have closed their daily limit. 】
In the early trading, the technology and semiconductor sector was soaring as if it were on drugs. While the liquor, securities, cycles and other sectors were experiencing sudden collapses, the technology and semiconductor sector supported the market and rebounded all the way and continued to rise.
This confused the stock investors. After the morning trading ended, instead of being happy about the continued rebound, there was a lot of abuse.
Without him, the semiconductor sector had a flash crash last Friday, with the entire sector plummeting by more than 5 percentage points and hitting various limits, which really frightened many people, and many people took their losses and resigned.
As a result, there was a retaliatory rebound today, and the entire sector set off a daily limit trend, with prices rising sharply across the board.
Obviously, those who are cursing today are the investors who sold chips and semiconductors last Friday. With such a market trend, people will be fooled.
I didn't dare to chase him when he got like this. I was afraid of getting stabbed again tomorrow, so I could only vent my anger by yelling.
…
When the market opened in the afternoon, there were no more stocks in the semiconductor sector that closed their daily limits, and began to fluctuate sideways, with the rise somewhat weak.
By 13:46, another sector, Chip Semiconductor, continued to lead the index upward.
[Photovoltaic new energy surged due to abnormal changes, Jingsheng Electromechanical, Linyang Energy closed the daily limit, BYD rose by more than 8%, Longji, Ganfeng Lithium, Sakidao Intelligent, etc. followed suit]
In the afternoon, the photovoltaic and new energy vehicle sectors continued to rise, leading the market to continue its upward rebound, and the index decline continued to narrow.
Although it is not as strong as the chip and semiconductor sector in early trading, it is already very strong.
At 14:22, photovoltaic new energy was weak and could not be pulled back. The index began to fall when it was about to turn red. The market situation at this time was actually very worrying.
After another three minutes, the high-sending-turn concept sector moved up, and the market, which had just fallen back, surged upward again.
Countless investors in the market are watching the market turn red, silently muttering: Can it be red? Can it be red?
The high-send transfer section started to pull its hips less than ten minutes after the movement. The name of this section does not mean that it has the temperament and ability to protect the market.
The market started to fall again.
Just when investors thought that Big A would enter the magical 2:30 afternoon diving operation as usual, Big Finance stood up in the last half hour of trading.
The pop-up prompts in the small windows of real-time market analysis software of major market software are as follows:
[The banking sector moved higher in late trading, with Pingyi Bank rising by more than 5%, Zhaoshang Bank, Ningbo Bank, etc. following suit.]
"Big finance has stepped forward, and Guo Jia's team's funds are protecting the index."
"It's red, it's red, the market is red!"
"The bank stocks of the three financial fools are continuing to be crazy. Apple Bank has soared 8%. Is it going to be banned? No way?"
"Fuck, the Shanghai Composite Index fell to -1.3% in early trading, and actually turned red in late trading. It's a bit fake to be honest!"
"This rebound is a bit fierce, Team Guo Jia's father is so powerful!"
"Haha~, what's the point? It's another trend of individual stocks making money and losing money on the index. The index has been seriously distorted."
"Too bad, my last move this morning was to use bad news to wash the market."
"I'm just playing around with this bad market. I'm losing money every day. What a stupid thing, RNM. I'll refund my money!"