When the collective bidding started at 9:15, the banking sector was the first to surrender.
Banking stocks across the board are in decline, which is to be expected. After all, when the news of the RRR cut came out, it was bank stocks that were negative.
At 9:25, the call auction results came out, and the market gapped downward by -1.18%. The flight of funds was undisguised.
After the market opened, banking sector stocks led the decline in both markets. All bank stocks fell. The four major banks all fell by more than 2%, among which China Construction Bank fell by 4%. As a heavyweight sector of Big A, bank stocks collapsed like this, and the market simply fell.
Can't bear it.
What followed was a sharp fall in the medical sector, followed by a sharp fall in the technology sector. Chips and semiconductors plummeted on a large scale, and many popular sectors fell across the board, hitting record lows one after another.
"Two barrels of oil" also suffered a sharp decline, with Zhong Petrochemical falling 7.02%, the largest single-day decline for the stock this year.
At this moment, Lu Ming was also paying attention to today's market trend. Less than half an hour after the market opened, more than 20 stocks had been pressed to death on the lower limit board.
Compared to the wailing market, Lu Ming is very calm now. He estimates that Lao Li should be taking action now.
Li Mingyang, who is in charge of trading, is buying and selling like crazy at the moment. Tiansheng Capital is taking over large-scale financing and holds trillions of liquidity. At this time, it has begun a large-scale entry.
In particular, technology stocks, pharmaceuticals, new energy and other stocks have taken advantage of the current panic market to aggressively undertake bargaining chips at floor prices.
When the time came around 11 o'clock, Tiansheng Holdings could no longer hold on. During the decline, the securities sector collapsed and gave another heavy blow to the market. The intraday decline of the Shanghai Stock Index also expanded to below the -3% level, and it has not yet stabilized.
At that time, the price limit of the two cities had increased to more than 40 stocks, and Tiansheng Holdings also fell by more than -5%, and the entire market was wailing.
"The stock market crash is coming. I don’t know what time it is anymore..."
"It's been down for a year, awesome!"
"Severe cancer is really something you can't help."
"This year I have been in a trance, confused, and incontinent..."
"If the signal is checked in the morning, run fast, otherwise you will lose all your pants."
"Do you dare to listen to Brother Yi and get a handful of gold?"
"Not to mention, although the gold sector has not risen, it has not fallen either. It is performing very strongly and can make a wave."
"Let's do it with Gouba, it's gone."
"Oh, I don't care, I have no money anymore. This position is really low. If I still have funds, I will definitely invest in technology, especially the chip sector. Although the technology is not as good as foreign countries, the future prospects of this sector are unquestionable.
Doubtful, so angry!"
"Since you are so optimistic, let's get leverage!"
"Forget about leverage. If the price continues to fall, we will queue up on the rooftop if we are liquidated."
…
As time went by, in the afternoon, the market continued to see white horse stocks fall by the limit.
SAIC Group, with a market value of nearly 400 billion, fell to the limit during the session and closed down -9.83%. Previously, the group company recalled 3.3 million vehicles, which was the largest car recall in the history of the domestic auto market.
The leading security company, Hikvision Weishi, with a market value of nearly 300 billion, fell to the limit in the afternoon, and Tiansheng Capital is actively buying the company at the bottom.
Hengrui Pharmaceutical, a leading company in the pharmaceutical sector with a market value of more than 200 billion yuan, also approached its daily limit and closed down -8.05%. Tiansheng Capital went all day long to buy the stock at the bottom and bought nearly 500 million yuan.
Anshi shares, which had already been cut in half, fell sharply again today, approaching the limit during the session. Today's closing still plunged -9.26%, falling below the 800 billion yuan mark for the first time in the past two years. This time it was really cut in half.
You know, during the blue-chip big-ass market at the beginning of this year, An's shares were once expected to exceed 2 trillion.
Who would have thought that in less than a year, the market value of trillions has evaporated. The two brothers of the An family are fighting for the family property. The matter has not been settled yet. The future of the An family, at least from the perspective of the outside world, is increasingly uncertain.
Worryingly, the performance of stock price is the most intuitive.
As the current No. 1 brother of Big A, Tiansheng Holdings also fell by more than -7.5% during the session today and closed down by -6.36%. The closing price was also fixed at 34,543.79 yuan. The total market value fell back to 2,763.5 billion yuan. The market value evaporated by 1,876 yuan that day.
100 million, which is equivalent to losing almost a leading pharmaceutical stock.
The market rebounded in the week before the holiday. Tiansheng Holdings also made great progress. After closing a bald yang, the stock price hit 36,890 yuan, and the total market value rushed to 2,951.2 billion yuan. It only needs to rise by +1.65% today to hit 30,000 yuan.
The market value reached an integer of 100 million, setting a new historical record for Big A and becoming the first listed company in history to have a market value exceeding 3 trillion.
Before the holiday, the market was generally optimistic that Tiansheng Holdings could successfully break through the 3 trillion mark today, but they never expected that the external market would crash during the holiday, which would directly bring down the global capital market.
…
Shortly after the market closed, Lu Ming from Tiansheng Capital held a voting meeting within the company.
Li Mingyang, who attended the meeting, was the first to report: "Today's total transaction volume in the two cities was about 310 billion. Our company made a large-scale bargain hunting of 31.2 billion, accounting for about 10% of the transaction volume in the two cities. This is already the limit."
During the morning meeting, Lu Ming prepared about 50 billion funds to enter the market, but failed to complete the goal set in the morning. However, the current trading volume of Big A is too low. The trading volume of the Shanghai Stock Exchange Index throughout the day has just exceeded 150 billion. Now
Compared with the 1.5 trillion in two or three years' time, the energy scale is already an order of magnitude different.
If you forcefully increase your position, you can definitely shoot out 50 billion bullets. This is no problem, but Lu Ming will definitely not do the task of carrying the sedan chair.
Another executive attending the meeting looked around the crowd and made a concluding speech on today's A-share market: "After an unquiet long holiday, the market performance results after today's opening have come out. Yesterday's RRR cut was good news.
It also failed to withstand the impact of several major bad news during the holidays. The Shanghai Stock Exchange Index fell -1.88% at the opening, and then continued to decline. Finally, it fell more than 100 points, and was close to 2,700 points, a drop of -3.72%, setting a record since June 19, 2018.
The biggest one-day drop in the past four months since then."
"On the market, the total number of rising stocks in the two cities was less than 200, accounting for less than 10%, of which the number of stocks that fell to the limit reached 70, including ST stocks. In addition, northbound foreign capital sold heavily today, with a net outflow of more than 12.6 billion
, the highest net outflow since the beginning of the year.”
Foreign capital is the main force in the market smashing today, and a considerable part of them did buy the bottom after seeing the U.S. stock market plummet. The large-scale net outflow of foreign capital has also become the culprit of the market crashing.
There are a group of domestic investors who follow the lead of the Northbound. When they see the Northbound running, they follow suit, which amplifies the stampede effect on the market.
Finally, Lu Ming, who had been silent, moved his posture, leaned against the chief chair and said: "What needs to be said has been said and discussed by those who have discussed it. To make a long story short, this is a voting meeting. Today is the day to enter.
On the first trading day of October, I decided to launch a comprehensive position-increasing strategy. The time left for us is only one or two months. It may be long or short, and we will inject trillions of liquidity into the stock market as expected. This will
The work is not easy either.”
Lu Ming distributed the layout one by one, and a large number of the company's fund managers were also present at the meeting. Although different strategies have been formulated for funds with different contracts and different risk characteristics, the overall long direction is quite clear.
At this time point, not only Lu Ming and Tiansheng Capital are preparing for success, but other heavyweight institutions and trend funds have also realized that it is now infinitely close to the historical bottom range.
Most hot money creates monster stocks, but institutions create a bull market. The start of a bull market waits for a hint of a policy from the top. As long as there is a hint, institutional funds will not hesitate and start the market directly!
