At the opening of the bidding this morning, Zijing Mining directly opened at a flat limit of 4.74 yuan. It did not loosen up at all until the bidding results came out at 9:25. Following the daily limit yesterday, the daily limit opened today.
The institutions that have been washed out try to use the few funds they have in their hands to break open during the bidding stage, which can lead to less than expected results, and some funds may be shaken and shipped. However, the retail investors are very firm at this time.
The bidding process was blocked within 10 minutes.
After knowing that it couldn't be opened, the institution decisively canceled the order before 9:20. There was no other choice but to wait until a higher position and try again. In other words, it could only take the order at a high position.
At this time, there is almost no disagreement among retail investors about Zijing Mining.
The institutions that were washed out and wanted to get back on the train were angry and helpless. The one-word daily limit board did not give them a chance to get back on the train. After the opening of the market, the number of closed orders on the board was directly pushed to more than 3.5 million lots. The number of orders was closed.
The amount of funds exceeds 1.6 billion, and these funds are basically raised by retail investors.
Half an hour after the market opened, individual stocks in the gold concept sector began to differentiate, eliminating the weak and leaving the strong.
Yesterday's late trading surge triggered a daily limit trend. Today, Zamao began to collapse, and the collapse was very violent. The more fierce the price of Zamao yesterday, the more violent the collapse today.
The reason is that gold futures are falling and gold TD is also falling.
The main players in other stocks have taken the opportunity to ship goods. Zijing Mining is going to have a flat market. This is now unanimously recognized by everyone, but what reason do other stocks have to rise?
Zijing Mining’s logic is that Tiansheng Capital takes care of the bottom line. It is also an industry leader, and it is confirmed that it can buck the trend and follow an independent market.
But other miscellaneous things don’t have the full coverage of Yi Ge, and if the price rises, it will attract more.
There is another important reason why the main force has not pulled up, and that is that a lot of big money has gone south to speculate in H shares. Zijing Mining has also been listed on H shares. The shrinking flat board of A shares does not give them a chance to get on board.
, but H shares have no price limit.
Today, Zijing Mining's H shares opened sharply higher by +14.75%, directly breaking through the new high of HK$4.370 reached in February at the beginning of this year. After the opening, it did not fall back but continued to rise. The highest intraday increase reached +24.79%. The stock price
The highest reached 4.764 Hong Kong dollars.
The current total share capital of Zijing Mining is 23.03122 billion shares, of which the total share capital of H shares is 5.73694 billion shares, and the total share capital of A shares is 17.29428 billion shares. Today, H shares surged by nearly 25 percentage points, but the valuation of H shares is still higher than that of A shares.
Stocks are cheap.
If priced based on the valuation of H shares, the total market value of Zijing Mining today reached a maximum of 94.7 billion yuan. If priced based on the valuation of A shares, the market value would be 109.1 billion yuan. Obviously, Big A is still 15% more expensive.
It is a common phenomenon that H shares are cheaper than A shares. There are many reasons. One of the important reasons is that compared to the varieties that can be invested, big A actually has a lot of money. This is also the reason why the valuation of good companies will be very high. Rubbish
After all, only a relatively small number of companies dare to speculate, and the market is still in the development stage, which allows the top 60 or 70 good companies to enjoy higher PE valuations than other markets.
It is no exaggeration to say that the only company in Big A that is truly undervalued and has a certain and impressive return on investment is undoubtedly Tiansheng Holdings, the newly promoted stock king of Big A.
Even though the stock price is now pushed to over 30,000 yuan, which countless retail investors can only look up to, Tiansheng Holdings' static price-to-earnings ratio is only more than 9 times, and its dynamic price-to-earnings ratio is only about 5.5 times.
Looking at Big A, the only product that can benchmark Tiansheng Holdings is Zhongguopingyi, but its price-to-earnings ratio is far higher than that of Tiansheng Holdings.
Tiansheng Holdings' total market value exceeds 25,000 yuan and it has such high growth expectations. This is the only company in Big A.
In fact, the banking sector is also undervalued. You must know that half of the annual profits generated by more than 3,000 listed companies in the two cities are contributed by banking stocks. This shows how profitable banks are. However, except for Ningbo, Zhaoshang, and Ping An, bank stocks
Apart from these few, other bank stocks have little investment value.
There is no problem that it is undervalued, but what can be done if it does not rise? If bank stocks continue to rise, and Tiansheng Holdings cannot suppress its desire to rise, other big A stocks will have no liquidity.
…
On Thursday, May 10, Zijing Mining opened the first board again, and the stock price hit 5.21 yuan, an increase of +9.92%. It successfully achieved entry into the second board and third board, and continued to shrink. The holders had no intention to sell, but bought
The will is very strong, the number of closed orders on the board still exceeds 4 million, and more than 2 billion funds are queuing up to get on the bus. The two cities are undoubtedly the most popular in May.
Shareholders are quite excited, and the barrage of time-sharing charts of Zijing Mining remains high.
"I will get off work right after the market opens. This market is really boring to watch!"
"If there are three, there must be five, if there are five, there must be seven, if there are seven, there must be nine, look at the board!"
"Tomorrow, if it rises by another board, it will break through the 5.55 yuan flash crash at the beginning of the year and reach a new high!"
"Tomorrow will set a new high for the year, and H shares have already reached new highs and new highs again!"
"The cost is 3.71, and the profit has been 40 points, which is a great deal!"
"This is a gluttonous feast for the holder, and the envy of the bystanders, haha!"
"Continue the pattern and be optimistic about breaking the previous high!"
"The institutions that have been purged are probably stupid, haha, waiting for the real list to come out and kill them."
"As the saying goes, everyone who believes in Brother Yi has gotten rich, and those who don't believe have watched others get rich."
"To be fair, Brother Yi has been giving out benefits from time to time. I won't talk about it for 15 years. Very few people knew about it at that time, but if they knew it, they would get rich in a year with a free level of wealth. The password for wealth in 2016 is Tiansheng Enchantress. Then
You can get on the bus at any time. The current Enchantress is said to be an open-end public fund, but in fact, like a closed-end fund, the subscription channel is still closed and only open for selling. The 2017 shareholders' meeting publicly sang the bull blue chip big ass. At that time
In May and June, if you just lay down a big blue chip and double it, the code of wealth this year is gold and violet minerals."
"Stop scolding, don't scold, you're wrong, wrong, brother Yi will click on the wealth code from now on, and it will be over if he makes a blind purchase!"
"Zijing Mining actually has two days of opportunity to get on the train. If you don't seize it, you will lose your life!"
"I'm the most angry. I just made a profit and ran away. The more I think about it, the angrier I get. It's worse to be short than to lose money."
"Hurry up and open the door and come in!"
…
The time has come to Friday, May 11, and the last trading day of the week has arrived as scheduled.
Today, the market's attention to viologen mining has reached a new level. Both holders and people watching on shore are very concerned about whether this ticket can break through the high of 5.55 yuan in February this year and reach a new high for the year.
The call auction officially started at 9:15, and the share price of Zijing Mining reached a price of 5.73 yuan, up +9.98% and once again flat-lined.
Hitting a new high with a one-word daily limit, holders continued to party, and time-sharing barrages flew up.
However, after 9:22, the bidding broke from the daily limit. In the end, today's collective bidding did not go beyond the third straight board. The opening price opened at 5.58 yuan +7.1%, but it also exceeded the level in February at the beginning of the year.
5.55 yuan has reached a new high.
The reason why there is no push-up is that the market was smashed by the institutions that were washed out on the floor. They still have a small part of the chips in their hands that have not been sold out. Now, three consecutive daily limit boards plus today's sharp higher opening have accumulated.
There are quite a few profit margins that are quite powerful when smashed.
If they don't want to be on the "shooting list", they have to take over the offer, but the prerequisite is that they have to be given the opportunity to take over. They have been reducing the volume to the daily limit without changing hands, so they take a hammer, so they open it first to affect the mood. The market has the ability to produce large volumes and changes of hands.
There is a chance to take over.
The lack of a daily limit today has made many people willing to sell. After all, it is an indisputable fact that a large number of profit orders have been accumulated. Retail investors have overturned institutions. There are so many retail investors that there cannot be no disagreement at all.
In the capital market, friends are temporary, and only interests are eternal.
And the hot money inside is also the key. Many hot money has already made a profit of forty or fifty points. In short, the market has reached this point, and the selling pressure is getting bigger as the market goes up.
Institutions also consider more when choosing to take action at this time. Not only have they accumulated a lot of profit, but they also have strong pressure near the previous high. This is the place where divergence is most likely to occur and is also the only opportunity. Once a breakthrough is confirmed and divergence occurs,
If you continue to look long, the upper space will be opened, and the position of taking over may be higher.
The height at which the market can be broken today is Mount Everest, and the height at which it cannot be broken today is the atmosphere.