Chapter 771 [Falling down endlessly, Tianchi breaks]
The time has come for the first trading day of August.
On Thursday, August 1, the two major A cities collectively opened lower today. After the opening, the three major stock indexes surged higher, but then fell back.
Now the technical analysts can't stand it anymore.
The price rose to about 10 o'clock during the session, and Tiansheng's fund managers had completed their escape goals. At this time, more and more people had a premonition that something was not going well with the market.
Today, foreign capital continues to maintain a net outflow, the overall market sentiment is sluggish, and individual stocks are lackluster.
As of the close, the Shanghai Composite Index closed at 2908 points, down -0.81%; the Shenzhen Component Index closed at 9268 points, down -0.63%; the ChiNext Index closed at 1573 points, down +0.22%. The three major indexes had mixed gains and losses.
Big A's most important heavyweight, the stock king, closed down again today. The stock price closed at 908,038.75 yuan after the market, a decrease of -1.64%, with a shrinkage of 10.8 billion yuan, and a total market value of 7.26 trillion yuan.
But the worst stock today is undoubtedly Tianchi Technology, a new stock on the science and technology innovation board.
Today's stock price closed at 18.22 yuan, a plunge of -17.39%, and the market value shrank to 49.1 billion. You must know that the market value was close to 100 billion on the first day of listing, and it was cut in half in just eight days.
Shareholders said that the votes of the Science and Technology Innovation Board cannot be offended. Even star stocks such as Tianchi Technology have behaved like this. Many retail investors even ridiculed the village chief for setting an entry threshold of 500,000 for the Science and Technology Innovation Board to protect himself.
Big A’s retail investors.
Otherwise, with the volatility of the Science and Technology Innovation Board, the leeks will be cut clean in three or two strokes, and the roots of the leeks will be peeled off.
…
Not long after Big A closed, the situation in the exchange rate market frightened everyone.
The USD/CNY exchange rate soared. It once soared +0.8% during the session, with the highest intraday price reaching 6.9668. It closed at 6.9547 that day, up 0.65%. The depreciation of the RMB exchange rate hit a new low this year.
That evening, U.S. stocks opened, with the three major indexes opening higher.
This also caused many domestic investors to leave messages of admiration and angrily complained that Big A is an invertebrate.
But at about 13:25 local time, at one or two o'clock in the morning here in China, the US stock market, which had originally opened high, suddenly crashed without warning on the previous trading day.
The Nasdaq once reversed the negative line of the previous trading day during the session. As a result, it came out at the end of the day and directly hit a new intraday low.
A Mei, a guy with thick eyebrows and big eyes, actually followed Big A's bad example and did the "magical two-thirty" diving.
…
The next Friday, when domestic stock investors woke up, some people saw the trend of US stocks in late trading and felt half-hearted. Looking at the situation in the foreign exchange market, the offshore exchange rate increased by 0.31% today, depreciating again and hitting a new low for the year.
Big A opened flat today, and the three major indexes collectively jumped short and opened lower. The Shanghai Stock Index opened with a gap of -1.63%, falling directly to 2900 points. After the opening, the main board's decline once expanded by nearly 2 percentage points, and then rebounded slightly.
However, it weakened again in the afternoon, and the two cities maintained a pattern of consolidating at low levels throughout the day.
Not to mention, the time-sharing line that comes out looks like you are lying flat!
In the end, the three major Shanghai and Shenzhen Stock Exchange indexes closed down -1.41%, -1.42% and -1.09% respectively. Although the Shanghai Stock Index closed in the red on the daily K-line today, it was actually a false positive and true negative K-line.
The trends of the Shanghai Composite Index and Tiansheng Holdings are almost the same. They also bought a false positive and true negative K-line, and they also jumped short and opened low. The Shanghai Composite Index fell below 2,900 points, and the stock leader also fell below the price of 90,000 yuan.
Today the stock price closed at 89584.95 yuan, down -1.38% on heavy volume, with a turnover of 15.9 billion and a market value that fell back to 7.16 trillion yuan.
The stock that has fallen the most is undoubtedly Tianchi Technology, a new stock on the Science and Technology Innovation Board. This stock currently ranks first on the popularity lists of major market software. It is not that it has risen sharply and attracted much attention, but that it has fallen so badly that investors
They gathered around to watch.
Today, Tianchi Technology closed down 16.37 yuan, plummeting -10.15%, hitting a new low since its listing, with a transaction volume of 948 million, and continued to shrink.
Although the fluctuations of sub-IPO stocks are scary, it is too scary. Who can withstand this?
Shareholders couldn't understand why Tianchi Technology fell like this, but no one dared to go in and buy the bottom, but all those who bought the bottom had been buried alive.
At night, many domestic investors can only hope that the US stock market will be stronger tonight and the external market will not be negative again.
However, contrary to expectations, the U.S. stock market opened lower this evening and then plunged all the way lower.
Well~, these US stocks have been falling for three consecutive years, and the big A will continue to fall next week.
…
Gu Long
After the weekend weekend, Big A will open as scheduled on Monday, August 5.
The two cities opened lower again in early trading. After the opening, the three major stock indexes collectively plunged, then stopped falling and rebounded, giving people the impression of a strong rebound trend like the big V Tianlong. In fact, this was just a fake move to lure bulls.
Sure enough, many people who were engaged in short-term rebounding jumped in, thinking that with the market falling like this, it was time for a decent rebound.
As a result, it fell back again in the afternoon and hit a new intraday low. The Shanghai Stock Index directly hit a new low in five months.
Grab all the rebounds and trap them.
Today, the trend in the exchange rate market caused a sensation in the capital market. The offshore and onshore exchange rates of the RMB both exceeded 7, and everyone was shocked to enter the era of 7.
It was too sudden. It surged +1.75% during the session, and the highest price once reached 7.1057, directly breaking through the highs in October 2018 and the end of December 2016.
The gold concept stocks soared early in the session, directly leading the gains in the two cities. Ronghua Industrial, Shandong Gold, Yintai Resources and other stocks have reached daily limit, Chifeng Gold, Zhongjin Gold, Xibu Gold, Zijing Mining and other stocks have reached daily limit.
Both have increased by more than 5 percentage points.
Gold T+D also rose sharply to 339 yuan, an intraday increase of more than 4 points. International gold prices also rose sharply, with New York gold reaching a high of $1,530.5 per ounce.
Shareholders howled.
"No more, I just want to buy the bottom, but the main force wants to buy my house."
"With the exchange rate depreciating so crazily, wouldn't the central government come out to stabilize the exchange rate market?"
"I was caught off guard by these 7 breakthroughs. I managed to hold on during such dangerous days in December 2016, but today I was penetrated so easily, with almost no resistance."
"Fellow, has the promised cow arrived?"
"The one riding the horse is a bull-bear...[face covering]"
"The gold rush is going crazy!"
"To be honest, the gold bull market is really coming. I believed in Brother Yi's advice and allocated gold assets. The spot gold I bought has been trading at a profit of +30% since I bought it. Can you believe it?"
“Is it too late to buy gold now?”
"I don't know, ask Brother Yi."
“Go watch the video of Tiansheng Capital’s annual shareholder meeting this year.”
"This is such a bad market, it's so annoying!"
…
As of closing, the Shanghai Stock Index fell by -1.62%, the Shenzhen Component Index fell by -1.66%, and the ChiNext Index fell by -1.63%. The worst thing was the Main Board Shanghai Stock Index. The closing price was today's lowest price, and a barefoot Dayin K-line was closed.
, indicating that the decline is not over yet, and the best situation tomorrow will also have an inertial downward movement.
As for the worst-case scenario...
In this round of decline, the worst among the three major A indexes was the Shanghai Stock Exchange Index, which suffered the largest decline.
Tiansheng Holdings is not doing its best, and has not stepped forward to protect the market, and is still smashing the market, because foreign capital is fleeing on a large scale, but the main funds have no intention of coming out to protect the market.
Today, the stock king once again dropped 18.5 billion in volume. The stock price closed at 87488.61 yuan, down -2.34%. The market value shrank to 69,900 yuan, falling below the 7 trillion round figure. In four trading days, more than 500 billion in market value was evaporated.
.
But if you look at the decline, the worst one is Tianchi Technology.
That's right, this ticket was hammered again today. The stock price closed at 13.38 yuan, falling below the issue price. It plummeted -18.27% today, and the market value shrank to 36.126 billion yuan.
In other words, even if the investors who won the new lottery did not sell, they would directly start losing money today.
Today another group of people came to Bengbu to cut their flesh.
A group of retail investors who won the lottery withdrew with their capital guaranteed and had a lonely time.
