Chapter 923 [The second half is the key to determining the ownership of this wealth]
As of the close, the Shanghai Composite Index closed down -0.34% at 2779.64 points. It bottomed out strongly in the early trading and once turned red. However, it weakened in the afternoon and basically maintained a volatile sideways trade. Finally, it closed at 2779 points.
The market's rebound today is mainly due to the new infrastructure sector and the key Tiansheng Holdings' news about the "Uncle Party". Everyone believes that the news spread on the Internet is definitely not groundless.
Tiansheng Holdings also stepped out of the K-line with a golden needle to find the bottom. It only fell slightly -0.45% after the market closed, with a closing price of 130116.81 yuan and a turnover of 70.4 billion yuan. Today's stock price closed at an integer above 130,000 yuan.
After-hours market capitalization was 10.4 trillion yuan, and the market capitalization mark of 10 trillion yuan was also maintained.
At night, the market is most concerned about the trend of U.S. stocks tonight.
Before the opening of the North American stock market, the Federal Reserve resorted to the "big killer" weapon usually used in financial crises to restart the commercial paper financing mechanism.
Previously, the Fed used this tool during the financial crisis of 2008 and the Great Depression.
Stimulated by this news, U.S. stocks opened sharply higher, but soon plunged.
The Dow Jones index broke through the 20,000-point mark during the session, setting a record low since January 2017.
During the session, the North American authorities also announced a major news, which can be called a "helicopter money" operation. They plan to launch a US$1 trillion economic stimulus plan, including sending US$500 billion in checks to North American people to ease the epidemic.
Impact on the North American economy.
The originally plunging U.S. stock market was stimulated and staged a desperate counterattack, violently rising. The Dow Jones Index regained the 20,000 and 21,000 points in succession.
As of the close, the three major North American indexes had surged across the board. The S&P 500 Index had surged +6.00% to 2529.190 points, the Nasdaq Index had surged +6.23% to 7334.780 points, and the Dow Jones Index had surged +5.20% to 21237.381 points.
America has begun distributing money directly to the public. When the news spread to China, it felt familiar, and Ningzhou City soon became the subject of heated discussion again.
Everyone thinks of Ningzhou City. During this period of time, they have been busy witnessing history. They have forgotten that Ningzhou City started distributing money to young people in January this year, and now the money has been paid in the third month.
What I have to say is that the black swan of pornography has had a huge impact on the whole world. For many people in China, the biggest impact is on monthly payments.
Ningzhou City has also received a lot of impact, but relatively speaking, the pressure on young people living in this city is much less than that on young people in other places.
Many young people have lost their jobs due to pornography and have lost their source of income. However, because they can receive this money, it is a life-saving money, allowing young people in Ningzhou City to deal with the black swan impact relatively calmly.
It is impossible for young people in other places not to envy Ningzhou City. Now the United States has also directly distributed money, so there have been calls for money distribution on the Internet, and some other cities are also considering similar schemes.
Questions, such as issuing consumer coupons.
…
The time comes for Wednesday, March 18th.
Today, the A-share market, Shanghai and Shenzhen, opened slightly higher, and the two markets fluctuated all the way higher at the opening.
The convertible bond market is still hot. During the late trading yesterday, Mr. Han still chose to hold a full position overnight. The overnight target he chose was Fabia Convertible Bonds. This convertible bond also released 2.8 billion in daily volume yesterday, and it once rose by more than 50 points during the session.
, there was a rush for funds at the end of the trading day, and Mr. Han decisively jumped in during the bidding stage.
As soon as the market opened this morning, Fabia Convertible Bonds opened sharply higher by more than 8 points, and it rose rapidly after the market opened.
At around 9:44, the price of Jingrui convertible bonds hit 386.022 yuan per piece, a sharp increase of +39.35%. Mr. Han still implemented the strategy of leaving the overnight convertible bonds 15 minutes before the opening of the next day, and sold them at this position.
This wave reaped another 397,400 yuan overnight, and his total account assets soared to 1.4084 million yuan.
After 10 o'clock, the market began to rise and fall. Mr. Han saw the market diving and almost instinctively entered the code 128053 for Shangrong Convertible Bonds. When the market plunged, Shangrong Convertible Bonds almost rose from more than 6 points below the water to turn red.
.
At the same time, the underlying stocks that have been falling by the limit continuously have capital leverage. Mr. Han decisively spent 1.4084 million yuan on this convertible bond. With the amount of funds he currently has, he can only do this kind of convertible bond with a trading volume of tens or tens of billions.
The subject of the debt.
Sure enough, the market surged and plunged, and Shangrong convertible bonds began to rise sharply. Teachers were frantically rushing to raise this bond.
Mr. Han has long discovered this pattern. When the market falls, the convertible bond market will rise and act as a short seller in the market. The specific target is Shangrong convertible bonds. There is no logic. This is market sentiment.
It seems that everyone has agreed that when the market plunges, convertible bonds are used, specifically Shangrong convertible bonds. This bond has inexplicably become a short-selling mechanism to hedge against the market.
At around 10:20, the market showed signs of stopping its decline, and at this time the Shangrong Convertible Bonds rose to +17.50%. Mr. Han sold at this position again. This wave of arbitrage made him 15 points, which made him
The total assets of his account soared by 1.6197 million yuan, and he made over 600,000 yuan today.
After about 10 minutes of trading, the market stopped falling and rebounded upward again. During the early trading break, the increase expanded by +1.21%, and Shangrong Convertible Bonds also miraculously fell back at the same time.
…
During the noon market break, domestic investors and teachers’ lunch comments were positive and bullish on the market outlook, confirming that the golden needle hit the bottom yesterday and that the market should stop falling here.
As a result, at 12 o'clock, the external market collapsed!
It is noon here in China, while it is early morning in North America in the Western Hemisphere. The three major North American stock index futures plummeted across the board in the early morning, triggering trading restrictions.
The June 2020 contract of the S&P 500 index futures fell only 2393.50 points, hitting the trading limit; the June 2020 contract of the Nasdaq index futures fell to 7064.25 points, hitting the trading limit; the June 2020 contract of the Dow Jones index reported 20039 points,
Transaction limits are also hit.
This means that in the following trading period, these contracts can only be filled at a level higher than or equal to this point.
Investors who don’t keep an eye on the external market don’t know it, but those who do keep an eye on the market are even joking, are they going to witness the seventh time in the history of the US stock market and the fourth time this month that the U.S. stock market has crashed tonight with the stock gods?
Tonight is another exciting day!
But before night comes, Big A will be under pressure in the afternoon.
After 13:00, the A-share market opened in the afternoon. The Shanghai and Shenzhen stock markets opened in the afternoon and plunged directly. There was no decent rebound, and the plunge turned green in less than half an hour.
And Mr. Han started playing with Shangrong Convertible Bonds again the moment the market opened in the afternoon. He saw the trend of the three major North American stock index futures and knew that Big A would definitely dive in the afternoon, and Shangrong Convertible Bonds would definitely take off. He was almost 100% sure of making money.
Got the money.
Sure enough, the market plunged wildly in the afternoon, while Shangrong Convertible Bonds rose all the way up.
At around 13:39, when the market turned green, the increase in Shangrong Convertible Bonds soared to +32.93%, and Mr. Han sold out again at a position where the increase exceeded +30%.
This period is another profitable period of +25.68%, with 415,900 yuan received. Today, I made three convertible bonds, one overnight Jingrui convertible bond, and two Shangrong convertible bonds. These three operations allowed Mr. Han to earn 1,024,600 yuan per day.
yuan, once again doubled within a day, and the total account assets reached 2.0356 million yuan.
In ten trading days, Mr. Han used 58,600 yuan to make more than 2 million in funds, an increase of 33 times.
…
At the same time, Tiansheng Capital Headquarters, Chairman's Office.
Qi Wei was in Lu Ming's office. At the moment, the two of them were sitting on the sofa in the lounge area. Lu Ming looked at a computer placed on the tea table. The latest trend of the US dollar index was displayed on the screen.
Today the U.S. dollar index surged sharply, hitting a new high since 2017. The highest intraday increase reached $101.7500, and the maximum daily increase reached +2.37%. This is the foreign exchange market, not the stock market.
"The three major stock index futures in the United States have collapsed. There is little suspense that the U.S. stock market will trigger the fourth circuit breaker of the month tonight. It is time for us to go ashore in the U.S. stock market." Lu Ming said with a dull smile.
Qi Wei nodded. Anyway, just follow Bo SS's strategy, but he also knew that the wealth harvested this time would never be obtained so easily.
The first half is coming to an end, and the second half is the critical moment that determines the ownership of this wealth.