Chapter 208: Take Full Profit!

"According to Brother Su's past methods, if he wants to clear his positions, he will never use this method." Sun Yu said, "For three consecutive days, the sales funds have been more than 100 million. This is obviously to prevent the Shanghai Stock Exchange. There is not enough liquidity on the market, so we know that the market will continue to rise, so we take profits in advance. Think about it... If the Su brothers really only have more than 300 million chips in hand, they have obviously made a breakthrough in the Shanghai stock market. In the second wave of the market, the index has also escaped from the shock range, and Waigaoqiao, a sentiment benchmark stock, is still shrinking. With no sign of heavy volume, will it reduce its positions so early and give up profits in the later period? ?”

"What's more, the daily turnover of the Shanghai Stock Exchange is over RMB 1 billion."

"The total holding chips are really more than 300 million. With the average liquidity of more than 1 billion, it is a bit difficult to get out in one day when encountering extreme market conditions, but at most two days, it is enough to clear the position and leave the market."

"Brother Su is often known for his sharp profits in short-term operations. If you resume trading, his operations on the Shanghai Stock Exchange are basically very extreme."

“Moreover, the ‘Shanghai Free Trade Zone’ line is much bigger than the ‘Internet Finance’ line.”

"The amount of funds accumulated has also increased."

"Even if the market suddenly turns from strong to weak, there will be a relative process and it won't be too extreme."

"This logic will not be unclear to a real short-term market master like Brother Su."

"So, in my opinion, his continuous early position reduction does not make sense logically. The only reasonable explanation... can only be that he has a very heavy position in relevant core stocks. Even with the current sufficient liquidity, It will take a lot of time to come out safely.”

"Awesome!" Zhao Qiang replied, "You better understand him."

"I'm just guessing." Sun Yu replied, "What's the real situation? Either you have to wait for you to ask him personally, or you can only wait for subsequent market verification."

Zhao Qiang said: "It is inconvenient for me to ask such questions involving key position data, and even if I ask, Brother Su will definitely not answer. After all, now that he is in charge of fund operations, he is not only responsible for himself, but also for The investors who invested in him are responsible.”

"But, I thought about it carefully."

"Brother Sun, I think your analysis makes sense."

"Brother Su gives me the feeling that he is extremely clean and decisive when it comes to trading. This time he appears so grindingly, it is indeed not like his usual style. So... I can only follow your instructions. Logic explains.”

"Yeah." Sun Yu responded, thought for a while, and then said, "'Shanghai Free Trade Zone' is such a big main line. Except for the last time when checks were opened for Shanghai-Hong Kong Group, Lujiazui, Pudong Jinqiao, and Jinjiang Investment, Su After the brother's wealth path appeared once, only the Shanghai Stock Exchange stock saw a total of 150 million sales, which is abnormal compared to the size of the fund he is currently in charge of. "

"I was thinking..."

"He must have huge positions in other directions."

"It's a pity that his fund net worth disclosure and shareholding disclosure have been suspended. We can't see the approximate data, so we can only rely on guesswork."

Zhao Qiang said: "There are a lot of funds following his trend in the market now. If the net value of the fund and its holdings are really disclosed, then I'm afraid there will be a big problem, but...whatever, before the news of the 'Shanghai Free Trade Zone' is announced, , I could sense in advance that there were huge speculative opportunities in the 'Shanghai local stocks' sector. With Brother Su's keen market sense, it was impossible not to make large-scale arrangements in advance. "

"Just watch..."

"Actually, I don't quite believe that he is on the main line of the 'Shanghai Free Trade Zone', just this little movement."

During the exchange between the two, the entire market was concerned about the clearance of goods on Fortune Road and Fusheng Road, about the Shanghai Trade Dragon and Tiger List, about Waigaoqiao, about the concept of continued hot financial reform, and about the "Shanghai Free Trade Zone" The discussion on the main line of speculation, which has been heated for more than half a month, is still continuing.

And the popularity of the discussion continues to remain unabated.

In this still hot mood, the market ushered in another trading day.

At 9:15 on Friday, September 14th, the vast majority of stocks in the two cities, especially the core concept stocks of the "Shanghai Free Trade Zone", still opened higher.

Among them, Waigaoqiao continued to hit the daily limit, with the stock price at 50.88 yuan, achieving 13 consecutive trading boards since the resumption of trading. The initial limit of 496,000 orders was closed, which was not the slightest decrease compared with the previous days, and the initial selling order remained at 496,000. Extremely low position, only 92 hands.

The core stock of the ‘financial reform’ concept, Anxin Trust, continued to open higher at about 5%, and its strong status remains.

Mainline core stocks dominated by two institutions, Shanghai-Hong Kong Group and Shanghai Pudong Development Bank, showed a flat opening, but the selling was not large. The initial call auction order was only more than 1,000 lots.

As for the Shanghai Stock Exchange that was sold on a large scale by Su Yu...

This stock opened sharply lower at around 3.5% without anyone maintaining the market, and more than 2,000 orders were sold. Compared with other core stocks, this stock appeared relatively weak.

"Waigaoqiao has finished its 13-game winning streak since the resumption of trading."

Seeing the state of collective bidding in the two cities, Li Meng said in the trading room of Yuhang and Yuhang Investment: "And the volume has not been increased yet, it is really an exaggeration!"

"Not surprising." Su Yu said, "This check has become the market's sentiment vane. These chasing orders are not withdrawn. There are no heavyweight potential main institutions in the market except us. There is no big money actively smashing the market. It is normal to continue to maintain a flat board before market expectations are exhausted."

"We... continue to operate according to yesterday's strategy?" Li Meng paused and asked.

Su Yu nodded and replied: "Yes, continue to operate according to yesterday's strategy, intensify emotions, go long and sell short. Yesterday, the market has once again diverged. Today, we will maintain another wave of emotions and stimulate the market's last long potential. We should clear all the chips on this main line."

"Okay!" Li Meng responded.

Then, he began to instruct traders to use the funds recovered in the call auction to quickly place orders to maintain the market of Shanghai Material Trade, Anxin Trust and Waigaoqiao.

And with everyone's orders...

The call auction trends of Anxin Trust and Shanghai Material Trade rose rapidly, and the market orders of Waigaoqiao also exceeded 500,000 lots again.

"Hey, the call auction trend of Shanghai Material Trade was pulled up from underwater so quickly."

Noticing that the stock price trend of Shanghai Material Trade was somewhat beyond expectations, Zhou Kan inside Zexi Investment in Modu said in surprise: "This main buying fund is quite sharp!"

"Mostly it's just a false order." Xu Xiang smiled, "But even if it's a false order, this fund can lift the stock price from underwater, which is a good thing for us."

"Zhou Kan..."

Xu Xiang paused and said: "Maintain it and raise the stock price step by step. As long as the confidence is maintained, the selling force caused by the liquidation of funds in Caifu Road and Fusheng Road will not be a big deal."

"Okay!" Zhou Kan responded.

Then, quickly place orders and scramble for chips, creating a situation with strong market acceptance.

As the two main funds simultaneously maintained the market, the stock price of Shanghai Material Trade rose all the way from the sharp opening at the beginning of the call auction...

Many retail investors who were originally on the sidelines also quickly entered the market to grab shares.

Finally, when 9:20 came, after the two main funds withdrew their orders, the stock price of Shanghai Material Trade still maintained a 1.2% increase, and the matching transaction volume reached more than 5,700 lots.

At 9:21, there was still no increase in volume at Waigaoqiao.

When the call auction trend of Shanghai Material Trade once again exceeded the expectations of the majority of investors who paid attention.

In the call auction trend of core stocks such as Anxin Trust, Shanghai-Hong Kong Group, and Pudong Development Bank, the call auction trend continued to rise step by step, and continued to increase in volume.

The entire "Shanghai Free Trade Zone" main line related concept stocks have also become active again.

At 9:22, the Shanghai Stock Exchange's material trade rose by more than 2%, and the matching transaction volume exceeded 6,500 lots. Although the growth rate of volume has accelerated, there is still no major fund of tens of millions to smash the market.

At 9:23, the share price of Anxin Trust rose by more than 7%, and there was a great trend of divergence turning to consensus, accelerating the trend of listing.

At 9:24, the "financial reform" concept sector broke out again. The stock prices of Jinshan Development, Aijian Shares, Dajiang Shares, Duolun Shares and other stocks that had previously diverged all showed rapid and sharp increases in the call auction, and the volume was also increased simultaneously. The trend of funds scrambling for shares was very obvious.

At 9:25, the call auction of the two markets ended.

In the end, the Shanghai Stock Exchange opened 0.23% higher, and the Shenzhen Index and the ChiNext Index were in a flat opening position.

The overall market sentiment, under the influence of yesterday's differentiated market, did not show a significant decline, but continued to remain stable. In addition, due to the core concept stocks of the main line of "Shanghai Free Trade Zone", in today's call auction, they once again showed an unexpected trend. Instead, in the last two or three minutes of the call auction, the sentiment was intensified, and the overall investment sentiment of the two cities recovered a lot in the last period of the call auction.

In terms of individual stocks...

Shanghai Material Trade opened 1.89% higher, with a total of more than 21,700 orders traded, with a turnover of about 70 million; Waigaoqiao continued to shrink the one-character board, with a total of more than 500 orders traded, with a turnover of more than 2.6 million; Anxin Trust opened 8.35% higher, with a total of more than 40,000 orders traded, and a clear divergence turned into a consensus; Shanghai-Hong Kong Group and Pudong Development Bank opened about 1% higher, and the trading volume was basically the same as yesterday.

Others, regional free trade zone concept stocks, "real estate, finance, logistics, ports" and other industry stocks

The concept stocks of the "Shanghai Free Trade Zone" that were popular in the early stage.

75% of these stocks have achieved a high opening trend in the red market, as if after a brief adjustment yesterday, they have returned to the hot trend of full-scale attack by funds.

"Is it going to accelerate at the end?"

Seeing such an opening situation, Su Yu did not show any joy, but frowned slightly: "It came faster than I expected!"

"Li Meng..."

Su Yu thought about it and hurriedly ordered: "Today, there is no need to wait for the Shanghai Stock Exchange Material Trade to reach the daily limit before exiting the warehouse. After the opening, sell when there is liquidity. Of course... Before the market sentiment has not completely changed, there is no need to sell at a low price. As long as you see that there is capital buying and attacking, throw out the chips."

"At the same time, the chips on the Shanghai-Hong Kong Group and some of the chips of Pudong Development Bank bought later."

"After the opening, all were sold in the way I said."

"Today's market sentiment has changed faster than I expected. I estimate that this is... the final point of the climax. We must complete the move of fully clearing out today."

The fund currently has about 350 million chips in the Shanghai Stock Exchange Material Trade stock.

If according to his judgment, today is the final turning point of the sentiment of the hype line of "Shanghai Free Trade Zone", then they want to exit safely, which is a difficult task.

"Okay!" Li Meng nodded, paused, and then said, "Waigaoqiao is also going to be sold?"

Su Yu was silent for a moment, and replied: "Waigaoqiao is the sentiment vane of the entire market. If this check shows extreme abnormality, the entire market will inevitably be shaken, so you must sell almost all the other stock chips before I can move this stock."

"Once the market accelerates, we will not have much time left to exit quickly."

"The market has been rising for three consecutive days, and in the short term, it has risen greatly from the bottom of the oscillation platform to the current comprehensive breakthrough. There is already a need for a retracement adjustment."

"The main line of 'Shanghai Free Trade Zone' has been hyped for so long."

"From 'Shanghai local stocks', to the core concept stocks of 'Shanghai Free Trade Zone', and then to the official positive news After the announcement, the overall Shanghai concept was hyped, and then the real estate, logistics, and trade sectors were hyped, and then the regional free trade zone was hyped, the emerging concept stock was hyped, the financial reform concept sector, and even the overall financial market was hyped..."

"It's really what should be hyped, and it's all hyped."

"Moreover, all core concept stocks are now at an absolute high, and the profit-taking has accumulated extremely richly. The incremental funds required for continued speculation have reached a huge level."

"In this case, if the market rises rapidly again, the sentiment turns to divergence again, and the market falls back."

"That's when the profit-taking rushes out, and this hype main line collapses completely."

"I understand!" Li Meng responded, and quickly conveyed the instructions to all traders in the trading room.

Then, immediately after 9:30, the two markets entered the formal bidding trading stage, and the active funds in the market continued to swarm to attack the 'Shanghai Free Trade Zone' concept stocks that performed strongly in the call auction.

I saw...

At 9:32, Anxin Trust hit the daily limit, with a turnover of 210 million, which once again triggered the "financial reform" market.

At 9:35, Anxin Trust's follower stock, Jinshan Development, also hit the daily limit.

At 9:42, Shanghai Material Trade continued to rise, with a continuous increase of more than 5% in stock price and a turnover of more than 630 million, which was one-third larger than the same period yesterday.

At 9:51, Pudong Development Bank once again rose to 5%, and more than 6 stocks in the entire "financial reform" concept sector hit the daily limit.

At 10:01, Chongqing Development hit the daily limit, and regional free trade zone related concepts moved abnormally.

At 10:15, Shanghai-Hong Kong Group rose to 5%, and the turnover expanded to 1.46 billion, which was also a significant increase compared with yesterday.

At 10:23, the Shanghai Composite Index rose again to more than 1.5%, breaking through the 2,200 point position.

At 10:47, the Shanghai Stock Exchange Material Trade increased by about 8%, and the turnover exceeded 930 million, with a trend of continuing to hit the daily limit.

At 10:56, the number of stocks in the "financial reform" concept sector that hit the daily limit exceeded 8.

At 11:02, the real estate, logistics, port, finance, infrastructure and other sectors once again moved in an all-round way, and the Shanghai Stock Exchange Index rose by more than 2%, with the highest point reaching 2115.

Then, when the entire market sentiment was in high spirits and the Shanghai Stock Exchange Index was about to completely fill the big hole of the June plunge...

Shanghai Stock Exchange Material Trade, which had just hit the daily limit, encountered a huge amount of funds selling at the daily limit price of 37.44 yuan. That fund used 5 consecutive large orders of 10,000 lots to annihilate all the main buying funds that dared to close the limit, and the stock price of Shanghai Stock Exchange Material Trade fell straight to a rise of about 5%.

Then, as the market trend of Shanghai Stock Exchange Material Trade reversed,

The entire market, all the "Shanghai Free Trade Zone" concept stocks, almost instantly, saw a huge amount of terrifying selling orders, and investment sentiment reversed instantly!