Chapter 196 The Return of the King of GEM!
"Eh...Teacher, on the GEM, many popular high-priced stocks that have been fully adjusted in the early stage, such as Changqu Technology, Fenda Technology, and Internet Speed Technology, seem to have continuous follow-up funds, and there are some changes!"
After Su Yu issued new position adjustment instructions to the traders, and large sums of money began to be injected into the core popular stocks on the GEM, Xie Wanting, who had been observing the changes in the market conditions within the Yanjing and Anlan Funds, immediately noticed Coming to this phenomenon: "Could it be that the main funds in the market, when they feel that the 'Shanghai Free Trade Zone' line has fallen into a huge divergence and is bound to enter a short-term adjustment stage, will they choose the direction of the GEM to make a breakthrough?"
"Huh?" Zhou Guohua heard Xie Wanting's exclamation, and turned his eyes to the early popular sectors and individual stocks on the GEM. He thought for a moment and said, "It's not impossible. After more than half a month, these concept stocks have adjusted quite a bit. It is sufficient, and according to many votes, its performance expectations for the third quarter, and even the expectations of the entire industry in the future, are very good, and the stock price still has the potential to continue to explode.”
"Judging from today's market, the first point of divergence on the main line of the 'Shanghai Free Trade Zone' has already appeared."
"The funds that are ambushed in advance and exited at a profit must find a place to go, and these core concept stocks of the GEM are exactly the place with the strongest main line expectations after the 'Shanghai Free Trade Zone' at this time. The stock price is also at a short-term bottom position, which is very suitable for funds to switch between high and low.”
"Yes, yes... it should be in this direction!"
"That's right, if I were the one making the speculation, and the line of 'Shanghai Free Trade Zone' could not continue to go up for the time being, and there were no good buying points, I would definitely choose to switch between high and low to attract some funds to start a business. The board index will make a short-term rebound first, and then turn to the main line of 'Shanghai Free Trade Zone'."
The more Zhou Guohua talks, the more determined he is about the opportunity in this direction...
So, after a brief hesitation, he asked his team of traders to invest in the six stocks of 'Hua Qingbao, Changqu Technology, Fenda Technology, Wangsu Technology, Tianyu Information, and Huake Financial' that had already seen obvious changes in funds. With tens of millions of dollars invested, they began to chase the Shanghai-Hong Kong Group and several other "Shanghai Free Trade Zone" concept stocks, and divided their positions into "Internet Finance", "Mobile Games", and " Wearable devices' on these three core popular sectors.
And with his aggressive position building, Su Yu also noticed the funds that followed him instantly.
"When did the consensus among big funds in the market become so strong and so fast?" Seeing that there were funds rushing to raise funds for these stocks such as 'Hua Qingbao, Changqu Technology, Fenda Technology, Wangsu Technology...', Su Yu felt in his heart There was a trace of surprise, "Which fund is it? Isn't this reaction a little too quick?"
"Mr. Su... the opponent has appeared."
Following Su Yu's emotion, Li Meng also instantly discovered this phenomenon.
Su Yu chuckled and said: "We have quite generous positions in these stocks, but we don't have to be too anxious. Don't follow the orders. If the funds want to be pulled, let them be pulled. The market is in the Shanghai Stock Exchange." The core concept of the first echelon of the trade zone. When the stock market has not completely ended, it should be impossible to form too strong consistency expectations in this direction. That is to say, at this point in time, these core components of the GEM It is impossible for stocks to rebound violently on a continuous scale. After all, active funds in the market cannot support the explosive market movements of the two main lines at the same time.”
"Okay!" The traders responded and continued trading in silence.
And just as Su Yu guessed, after they gave up continuing to follow up and grab funds, the other party saw that the buying orders that had been active and good just now suddenly became sluggish, and they also slowed down the pace of buying, and did not take the initiative to push up the stock price. .
In this market situation with obvious differences in main line concepts, new hot spots, and yet to be fully formed...
Throughout the morning, the Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index, and ChiNext Index have been in a stagflation trend due to heavy volume, and the shock pattern is getting weaker and weaker, and it seems that they are likely to choose a downward direction.
However, trading resumed in both cities in the afternoon.
When the two core stocks of the "Shanghai Free Trade Zone" that had just launched, Lujiazui and Pudong Jinqiao, became more volatile and downward; when the Shanghai-Hong Kong Group, after absorbing nearly 3 billion in funds, still could not turn the divergent sentiments into consensus; when In the early trading, Jinjiang Investment once again saw a huge amount of selling orders, and when the daily limit was opened again...
The major indexes, which were oscillating near the opening points in the morning, finally experienced a violent plunge.
Moreover, in the main line of the "Shanghai Free Trade Zone", which has been rising continuously, the latent funds that made huge profits in the early stage are also diving in the index, accelerating to leave the market, and selling to take profits.
"Is this the end?"
Seeing the index plunge, many popular stocks in the 'Shanghai Free Trade Zone' that have been repeatedly speculated by funds over the past week have rapidly fallen in volume. Many retail investors who followed the trend suddenly became nervous: "It doesn't make sense? It's so big." The advantage is just this little height space?”
"It shouldn't be over. It's just that stocks related to the concept of 'Shanghai Free Trade Zone' have experienced excessive short-term gains, and huge profits have been accumulated on the market. It is necessary to allow part of this profit-taking to exit and complete the exchange of part of the chips. Only then can the market continue to rise!”
"Shanghai Material Trade is still flat, and Waigaoqiao has not resumed trading yet. It feels a bit premature to say that it is over. Today, there are indeed huge divergent trends on the relevant concept stocks, but the overall support is not weak. The huge amount of funds are still in this field. I think... after adjustments, there will definitely be a bigger market in the future."
"There may be a market in the future, but today's adjustment should be inevitable, right?"
"Yes, it should be inevitable."
"I just don't know if it will bring the index down!"
"After the announcement of the good news of the 'Shanghai Free Trade Zone', the overall index did not rise much. Logically... it should not be able to bring it down, right? And the index is at the bottom of the current position. How can it fall?"
"But... looking at the diving situation, it's not good!"
As the vast number of retail investors who followed the market hesitated and were nervous, several major indexes dived and were about to collapse...
The time entered 2 pm.
Su Yu stared at the weak market and the many large funds that had flowed out of the core stocks of the "Shanghai Free Trade Zone" and disappeared, and asked the traders: "How are the positions of each stock?"
"The position target of 100 million has been completed." Li Meng replied.
Originally, the fund had a base position of 60 to 70 million in these hot stocks on the ChiNext. It was not too difficult to increase the position to 100 million. In the absence of strong opponents to grab chips, it would not be too difficult to increase the chips by 30 to 40 million.
"I have completed a position of 85 million..."
"I have completed a position of 86 million..."
"I have completed a position of 91 million..."
The traders reported one after another, and Su Yu nodded slightly, glancing at the overall position of the fund's total account and the remaining available funds. He saw that there were still about 450 million remaining funds.
After continuing to reduce the position of Jinjiang Investment in the afternoon, an additional 130 million funds were recovered.
In total, the adjustment cost about 280 million yuan, that is, the average purchase amount of 9 GEM stocks was about 30 million yuan.
"Okay!" Su Yu nodded, "In this case, the adjustment target has been basically completed, so let's increase the price. In the current market, the three most popular and concerned stocks in the GEM direction, Huaqingbao, Changqu Technology, and Netspeed Technology, directly bombarded the market with 10,000 large orders to attract funds from the popular stocks of the "Shanghai Free Trade Zone" to switch between high and low."
"Yes!" Everyone responded hurriedly.
Then, a total of more than 100 million yuan of huge funds were all bombarded on the Huaqingbao, Changqu Technology, and Netspeed Technology in an instant.
Immediately afterwards, the stock prices of the three stocks rose straight in an instant.
Its increase directly jumped to more than 5%, and it topped the real-time increase list of the two cities, quickly attracting the attention of investors in the entire market.
"Fuck, the GEM is moving!"
"Two popular stocks with the concept of 'mobile games' are rising simultaneously. Is the market for 'mobile games' back?"
"Such a strong main force, is this... going straight to the daily limit?"
"The GEM index is also rising straight, is this the return of the king?"
"Oh my god, a lot of follow-up funds are pouring in, is this the market switching? Awesome... Changqu Technology and Huaqingbao are really going straight to the daily limit!"
"The early popular stocks on the GEM are moving more and more abnormally."
"The funds are switching between high and low, switching between high and low."
Retail investors are excited, and the eyes of investors in the entire market have shifted from the 'Shanghai Free Trade Zone' concept sector, which is adjusting and falling, to the early popular 'pan-mobile Internet' related sectors, and the core stocks of the sectors that are moving abnormally...
In Yanjing, inside Anlan Fund, Zhou Guohua exhaled a long breath and laughed: "Sure enough, it is in this direction. This fund is really smart."
Of course, he sighed.
I also sighed that I didn't buy more chips in this direction before, and I hesitated at the critical moment.
At the same time, the active speculators in the major speculators in the entire market saw someone igniting this direction, and understood that the line of "Shanghai Free Trade Zone" at this moment has indeed entered the deep water area. Except for the most core leading stocks, there is not much room for other concept stocks to play. It is better to temporarily make a high-low switching market and hype the hot spots that have been fully adjusted in the early stage. It is easier.
So, they began to follow up...
As various funds followed up, after 2 o'clock, the originally weak market was able to turn around, especially the ChiNext Index, which had been sluggish for many days and underperformed the Shanghai Composite Index for more than half a month. It returned as a king and continued to pull up, from underwater to a 1.65% increase at the close, and led the entire market to achieve a major reversal.
Finally, at the close, the entire market.
In addition to the huge differences, after the good news was officially announced, the "Shanghai Free Trade Zone" related concept sectors and individual stocks showed an overall downward trend for the first time. 80% of other low-priced sectors and stocks in the city achieved an increase, completely forming a trend of a comprehensive bottoming out and rebound.