After New Year's Day, the time came to Wednesday, January 2, 2019.
The Shanghai Composite Index opened slightly higher today. After the opening, it plunged sharply. The decline expanded to -1% in half an hour in early trading. In the afternoon, it fell to 2,447 points, setting a new low since October 19, 2018 and a new historical low.
This position is basically the position where the bull market took off in November 2014.
With the market opening after the holiday, countless stock investors are helpless and now they don’t even have the energy to scold Big A.
…
The next day, January 3, 2019, the market opened. Today's trend opened low in early trading and moved high. However, the index failed to hit 2,500 points in the first half hour of the opening. It turned around and dived downwards, and was unable to stabilize in sideways trading.
In such a volatile market, countless investors did not realize that the chips they were selling at this moment were almost at the floor price.
The moment they sell out, it basically means they are selling out.
In the two days after the market opened after the holiday, funds on the market continued to flow in and out, causing fluctuations in the market. The entire market sentiment had dropped to freezing point, and more and more voices were shouting that the market was going to break 2,000 points.
Today, the trading volume of the two cities shrank to only 228 billion, and the Shanghai Stock Exchange Index shrank extremely, with the whole day's trading volume only 85 billion.
Totally out of measure.
Basically, everything that needs to be cut has been cut, and the remaining ones are still lying inside. Even if the big A falls below 1,000 points, even if the big a closes the door, it will not come out, and it will lie completely flat.
The market has been so volatile in the past two days, and the lack of trading volume is also a big factor. Everyone should stop fussing. People who are holding currency and waiting to watch do not enter the market. If you are still inside, you will be considered a winner if you lie flat and move. You can win with just one push.
Push the stock price up, otherwise a casual sell can bring the stock price down.
…
The time came to Friday, January 4, 2019, and Big A also ushered in the last trading day of the week after the holiday.
This morning, Lu Ming went to the company for a morning meeting. It is now 9:28. He is also in his office. The bidding results of Big A have come out. Today it opened at a low of -0.74%, and the Shanghai Stock Exchange Index hit 2445.76 points.
All-time low.
Lu Ming is also watching today's market trends at this moment. As for the company's layout and market strategy for today, it has been arranged in the morning meeting. At this time, the traders are basically already in the trading room.
A big thing happened in the external market last night. The U.S. stock market crashed again last night, which was greatly affected by the U.S. stock market. It also hit a record low today.
A major event in the external market is that Apple's stock price plummeted -9.96%. The stock price hit a record low of $142 during the session, and the total market value fell to more than $670 billion, compared with the highest market value of $1.12 trillion in October last year.
, more than 450 billion US dollars, equivalent to approximately 3.1 trillion yuan, have evaporated in just two months. In two months, Apple's market value has basically dropped by one Tiansheng Holdings.
Lu Ming saw the news about Apple's flash crash this morning. The direct cause of this plunge was the company's lowered revenue forecast. CEO Tim Cook blamed it on the economic downturn in Greater China.
It can only be said that this is really a shame. The more Apple phones are sold, the more expensive they are. How much money have they made from the Chinese people over the years?
Lu Ming was also very happy when Apple suddenly crashed, because it was fun to buy at the bottom. Those who had been shorting US stocks before had not let go of Apple as a target. The strategy of going long had already been set. When the price plummeted last night, Qiwei's trading funds entered into the market
Got a lot of goods.
…
But it was said that it was already 9:30, and the big A opened. The main board retaliated at the opening and pushed the index to a new low near 2440 points. However, it only lasted for a while, and soon started to increase in volume.
However, investors chose to watch more and take less action at this time. Some people simply didn’t open the market software because the more they looked at it, the more troubled they became.
The securities sector, which also opened at a low of -0.89%, began to rise without even stepping back. The volume turned red in just five minutes after the market opened. With the psychological shadow and lessons learned in the past few days, investors saw options for securities to rise.
While watching the show, many people sat waiting to dive.
Lu Ming, who was also watching the early trading, knew that 2440 today was the historical bottom, and he got a very important news not long after this morning.
Then the central bank will lower the required reserve ratio and release 1.5 trillion. This news has not been announced yet and will be officially announced after the market closes this afternoon.
Not only Lu Ming already knows about this, but some big organizations must also have heard about it.
Lowering the reserve requirement ratio means releasing water and "throwing money" into the market. People generally believe that it will flow to the property market and have little impact on the stock market. However, announcing the establishment of the reserve requirement ratio at this time will have a greater impact on the stock market.
The most important thing is that this is the signal that Lu Ming has been waiting for. When he heard the news today, he translated it and it was almost ready to start.
Time passed by, and Lu Ming did not do anything else. He sat in the office and continued to stare at today's market.
Around 10 o'clock, the Shanghai Stock Index finally turned red. At the same time, the securities sector opened lower and moved higher. So far, the sector's increase has reached +1.5%.
But after about 10 o'clock, the securities sector turned around and dived, and the index that had just turned red also turned green again.
“The brokerage firm is indeed as scumbag as ever.”
"It's an expected plunge. That's what brokers do. They're so pissed that they come out and then re-enter at the end of the day."
"Trying to attract more and trap more, haha"
"It only rebounded for half an hour. No, it was just a weak counterattack. After the withdrawal, it continued to dive, waiting for the main board to fall below 2,400 points."
Comment areas, barrages or communication groups are basically all bearish.
In fact, the entire market is inactive. Many communication groups are dead silent. No one is chatting anymore. I am not even in the mood to watch this kind of market. What are we talking about? Who is being trapped and how many points are they talking about?
Many people have not even logged into their trading accounts for a long time.
…
At this moment, Lu Ming saw that the market trend was weak, which was not good. He immediately picked up the phone on his desk and called the Tiansheng Value Growth Hybrid Fund Management Department. Li Mingyang was trading in the trading room, so the call was naturally not for him.
Yes, there are nearly a hundred people in the fund management team.
"Chairman, what are your instructions?"
A voice came out as soon as the call was connected. Lu Ming said straightforwardly: "Immediately release the fund's annual report to disclose the changes in the latest top ten positions of the Tiansheng Value Growth Hybrid Fund."
"clear."
Lu Ming put the phone down and looked at the market again.
Six or seven minutes later, at about 10:10, Tiansheng Value Growth Hybrid Fund disclosed its 2018 annual performance report to the entire network.
Less than two minutes after the announcement was made, the securities sector's increase narrowed from +1.5% to +0.36% and suddenly exploded in volume.
At around 10:13, investors who were still watching the market today saw a small window pop up in the lower right corner of the screen pushing a news message about the market change:
The securities sector continued to rise, with Titanium Pingyang and First Chuangye rising by the daily limit. Zhongxin Construction Investment, Tianfeng Securities and other stocks followed suit.
When investors saw this news, the securities sector had already risen to +3.79%, and funds were pouring in like crazy.
At this moment, stock investors are very confused, especially those who exited near +1.5% in early trading. Now they see that the securities have soared, and they dare not pursue this position anymore.
Then it continued to rise, and I didn’t dare to chase it anymore.
One thing I have to admit is that the securities sector has a different status in the minds of big A investors. Although they criticize this sector every day, it suddenly surged in volume, and the lifeless market seemed to be gradually revitalized in an instant.
Many communication groups started taking screenshots and chatting.
"What the hell happened? Why did it suddenly happen? Is there any major news?"
"Three brokerage stocks have been closed, and most of them have gained four or five points."
"I just woke up, what happened? The securities plunged again?"
"It's definitely not good to pull securities."
"It's a hot ball. It sold out. Tianfeng Securities ran away at 3 points. I was still happy when it fell back. Now I feel like a clown. I missed the big meat of the daily limit. I'm going to sleep today and don't read the market. Isn't it delicious?"
?Fucked!"
"So, what happened?"
"Come on, here's the news. I just saw someone leaving a message at the bottom of the market index comment area saying that Tiansheng Yaoji has just released its annual report. In the latest quarter, more than half of the top ten holdings are non-bank financials, and several securities firms
There is one for stocks and even insurance stocks.”
"Really or not? I'll go take a look!"
"WTF? WTF, WTF, WTF!"
"Gan! Tiansheng Enchantress actually has 5 non-bank financial stocks in her latest top ten holdings."
"Why, it's actually Yuukong? I'm stupid!"
"Brothers, one brother has almost bought up the brokerage. They are all rushing to raise money. If you don't grab the profits, there will be nothing. Hurry up and work for the brokerage. If you don't know which one to buy, just buy eTF. The position is already full. Just do it.
Horse riding!"
…
(Ps: All the saved manuscripts have been distributed and there are no more)
