Chapter 847: A Comprehensive Decline in the Late Trading Trend!

At this time, at 2:05, the intraday trading volume of ‘Huaxin Securities’ has exploded to about 23 billion, completely becoming the core position of the fierce battle between the long and short sides in the market.

And the rise and fall of the ‘Huaxin Securities’ check also affects the direction of the entire market from the side.

At 2:06, in the ‘Internet Finance’ sector, the stock prices of the three musketeers ‘Dazhihui, Tonghuashun, and Dongfang Fortune’ have all fallen below the 4% increase, and the intraday increase of the entire ‘Internet Finance’ sector index has also fallen below 1%.

At 2:07, the trading volume in the securities sector reached about 170 billion.

At 2:08, the intraday increase of the relatively strong leading stocks in the securities sector, ‘Huaxin Securities, Xiangcai Securities, Western Securities, and Pacific Securities’, has also fallen below 5%. Among them, ‘Western Securities’ has fallen below 3% after a huge shock of seven or eight points.

At 2:09, the two major heavyweight stocks, ‘China South Locomotive and Rolling Stock Corporation and China North Locomotive and Rolling Stock Corporation’, saw their daily gains completely return to zero and gradually fell into the water.

At 2:10, the daily gains of a number of ‘Hua’ infrastructure stocks, such as ‘China Construction, China Metallurgical, China International, China Railway, China Railway Construction, China Communications Construction, etc.’, continued to fall, and the market volume continued to expand.

At 2:11, the two new sector stocks, ‘Lanshi Heavy Equipment’ and ‘Hua Ke Shuguang’, were all sealed at the lower limit, and the intraday amplitude was greater than 12%.

At 2:12, the check ‘Yingkou Port’, which had once rebounded and turned red, fell into the water again.

At 2:13, with ‘Lanshi Heavy Equipment’ completely sealing the lower limit, the ‘National Defense Military Industry’ industry sector index plunged again. At the same time, in its sector, relatively popular military industry concept stocks such as ‘China Airlines Heavy Machinery, Hongdu Aviation, Aerospace Development, etc.’ fell sharply.

At 2:14, the weighted core stocks in the military industry sector, such as ‘China Airlines Shenyang Aircraft, China Airlines Xi'an Aircraft, Aviation Power, Northern Navigation, China Heavy Industry, China Shipbuilding...’, all saw rapid volume growth, with huge amounts of active selling orders suppressing buying orders layer by layer, and continued to fall.

At 2:15, the film and television media sector, such as ‘LeTV, Light Media, Huayi Brothers, Huace Film and Television...’ and other core hot stocks, also began to show a rapid explosive sell-off trend. On the major stock markets, extremely large and relatively concentrated selling forces emerged one after another.

At 2:16, ‘China Metallurgical’ fell 2% during the day, and the trading volume and turnover also hit a record high.

At 2:17, on the ‘China International’ market, there were continuous large sell orders of 10,000 hands.

At 2:18, the three stocks of ‘China Railway Construction, China Communications Construction, and China Railway’ fell to the flat position simultaneously, and the volume also expanded to a historical high.

At 2:19, the intraday increase of the Shanghai Stock Exchange Index was reduced to less than 0.6%, setting a new intraday low.

At 2:20, the turnover of the two markets has reached more than 980 billion, setting a new historical high for the same time period.

At 2:21, the intraday turnover of ‘Huaxin Securities’ reached 26.3 billion, and it is still expanding rapidly.

At 2:22, the intraday increase of the securities sector index has fallen from a maximum of more than 6% to only 2% now.

At 2:23, the intraday decline of ‘Tonghuashun’ reached 3%.

At 2:24, the main sector indexes of the core concepts of the Eurasian Economic Belt, the New Era Road and the Maritime Silk Road, the Shanghai Free Trade Zone, and the Central Enterprises and State-owned Enterprises Reform and Restructuring were all hit hard, and they all showed a rapid decline. The concept of the Shanghai Free Trade Zone has turned from red to green.

At 2:25, the number of stocks with natural turnover and daily limit in the two cities fell from nearly 80 at the peak to only 19 stocks now, and the number of stocks that still maintained the daily limit state exceeded 60.

At 2:26, ​​as the trading time went on, the daily increase of Huaxin Securities was reduced to within 1.5%.

At 2:27, the daily increase of the two major weight sectors of banking and insurance was reduced to within 0.5%, and the daily turnover of the banking sector reached a scale of nearly 80 billion, which was also a trend of substantial increase.

At 2:28, the intraday increase of the A50 index fell back to less than 0.5%.

At 2:29, the total number of stocks that hit the daily limit in the two markets, including newly listed stocks and stocks that hit the daily limit due to favorable resumption of trading, did not exceed 50.

At 2:30, the net outflow of the main funds in the two markets reached 5 billion.

At 2:31, the intraday decline of "Tonghuashun" reached 5%.

At 2:32, the intraday gains of the two stocks "Dongfang Fortune and Dazhihui" also returned to zero, and the stock prices gradually turned from red to green.

At 2:33, the net outflow of the main funds in the securities sector alone reached 3.5 billion.

At 2:34, the major industry sectors of "big consumption", "non-ferrous cycle", and "petrochemical" rose rapidly, especially the major industry sectors of food and beverage, retail, and minor metals, which gradually squeezed into the top of the two markets' increase list.

At 2:35, the intraday trading volume of Huaxin Securities broke through 28 billion, setting a new record for the intraday trading volume of a single stock.

At 2:36, the net outflow of major funds in the main line of "big finance" alone reached 5 billion.

At 2:37, the 'National Defense and Military Industry' industry sector index fell 1.5% during the day, and all core stocks in the sector suffered heavy losses.

At 2:38, the transaction volume of the two cities reached 1.01 trillion.

At 2:39, ‘Western Securities’, a high-priced leading stock in the securities sector, saw its intraday gains return to zero, and its selling on the market continued to increase.

At 2:40, the daily trading volume of the securities sector reached more than 180 billion.

At 2:41, 'Yingkou Port', the recent leading stock in the core concept themes of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road' and 'Northeast Revitalization', suddenly went out of the sky. The trend has an intraday amplitude of more than 20%.

"Hey, the market situation this time should be completely irreversible, right?"

At around 2:43, at this moment, in the Magic City, inside Yinghui Fund Company, in the 'Yinghui No. 1' fund product trading room, the fund trading team leader Yu Lei stared at the two markets, sighed helplessly, and said: "Good news I really didn’t expect that the market would be like this today.”

At this moment, the Shanghai Stock Exchange Index and the A50 Index have almost swallowed up all the gains in the day.

The Shenzhen Stock Exchange Index and ChiNext Index have fallen underwater. They opened sharply higher in early trading and have now fallen.

Hearing Yu Lei's sigh, the fund manager Liu Guanhai on the side also said helplessly: "Although I thought that today's market trend would be very different, I didn't expect... that it would be so big. The securities sector with a turnover of 180 billion, The banking sector has a turnover of nearly 100 billion, and the construction decoration and building materials sectors have tens of billions. Today, the chip structure of the two core main areas of 'big finance' and 'big infrastructure' is completely loosened. "

"Not only are the two core main areas of 'big finance' and 'big infrastructure'." Yu Lei said, "The stakes in the main area of ​​the 'national defense and military industry' industry sector are even more loose, and there is also the 'film and television media' sector. There are also obvious signs of loosening of chips.”

"It seems that it is not just short-term and medium-term profit taking and arbitrage that are closing positions and taking profits." Liu Guanhai pondered for a moment and said, "Many funds that may not make much money are also quickly escaping from 'big finance' and 'big finance'." "Infrastructure' and 'military industry' are popular main sectors."

Yu Lei nodded and said: "Based on the trend analysis of the two cities, market adjustment should be inevitable. We... should take advantage of the high liquidity of the market at this moment and take the initiative to reduce our positions!"

Now that there has been an obvious big divergence in the market, many stocks have also shown signs of a short-term peak.

Then, Yu Lei felt that it was time to follow the market trend and further adjust the trading strategy.

Liu Guanhai continued to observe the market trend for a minute or two, and said: "Reduce it. Too many funds fled from the two cities at high levels today. The magnitude of subsequent market adjustments should not be small."

Yu Lei nodded, and while issuing trading instructions to the trading team behind him to quickly reduce their positions, he said: "I also estimate that the next market adjustment will not be small. After all, judging from today's market performance, many Yuhang systems "The main-line weighted stocks with heavy positions have experienced extremely serious long-short differences today. I seriously doubt... In today's market trend, the core main funds of the 'Yu Hang Group' are obviously reducing their positions."

After hearing Yu Lei's words, Liu Guanhai turned his attention to the "Yuhang System Position Concept" sector of the two cities. He saw that the performance of this sector index was indeed very bad today. Basically, all the corresponding stocks opened sharply higher in the early trading and became After a flat market shock, or a slight decline, basically the market amplitude of each stock is less than 5%.

"It is indeed possible that the main funds of the 'Yu Hang Group' will reduce their positions on a large scale today." Liu Guanhai said, "However, it is understandable that this capital will reduce its positions and stop profits on a large scale at this position and at this time. After all, this The main capital has already made a lot of money, and with this main capital, there is a strong demand for profit taking and net settlement at this end of the year. "

"In this case, we cannot hesitate any more." Yu Lei said, "Once the 'Yu Hang Group', the main force of funds, reduces its positions on a large scale and its trading seats appear on the dragon and tiger lists of the two cities, it will have a negative impact on the entire market. The impact on market trends and the sentiment of all investors will be quite severe.”

With that said, Yu Lei did not wait for Liu Guanhai to continue giving instructions.

He continued to turn around and emphasized to the members of the trading team behind him: "While the market has not yet closed, we will reduce positions and take profits on a large scale. As long as the stocks we hold still have sufficient liquidity, we can sell as many as we have." "

Their fund products are generally not large in size.

In addition, they have gradually reduced some of their positions before.

With the current liquidity in the two markets, even if there are about 15 minutes left in the market trading time, it is basically possible to quickly reduce the position to 30 to 40% of the position.

The traders in the trading group responded quickly.

Then, the crackling sound of the keyboard began to sound rapidly in the trading room, and as the sound of the keyboard sounded, tens of millions or hundreds of millions of selling orders continued to pour into the two markets.

And almost at the same time.

It's in the fund product trading room of 'Yinghui No. 2' right next door.

When fund manager Shao Xiaoyun saw the two markets accelerating their decline in late trading, although he was already aware of something bad, he did not immediately think of reducing positions and profits and reducing fund positions.

"Mr. Shao, there are already some problems with the market trend..." At around 2:47, when he saw that the two cities fell sharply in late trading, and at the same time, the volume and energy expanded rapidly, Liu Changling, the fund trading team leader, frowned He instantly frowned and said hurriedly, "We must reduce our positions, as much as we can. Under this trend, tomorrow's market trend will inevitably undergo a major adjustment, and the possibility of a plunge cannot be ruled out."

Shao Xiaoyun said: "I also know that there are already some problems with the current market trend, but at this time, the main sellers are selling, and there is basically no good price. Furthermore...haven't we discussed it before? Even though there may be violent fluctuations in the market Short-term adjustment, but in the medium and long term, the bull market logic of the market has not been broken. In this case...if the appropriate selling point has been missed, we can only continue to hold on and wait for the short-term adjustment of the market to end. "

"No, it's different this time." Liu Changling carefully waited for the changes in the two markets. Realizing that the next market adjustment was likely to be more intense than he had expected, he couldn't help but said, "If nothing happens, Unexpectedly, the funds of the 'Yu Hang Group' today should have taken profits and exited on a large scale. Once these funds have fully taken profits and exited, the subsequent market adjustment will not be gentle. "

Shao Xiaoyun was slightly surprised and said: "Do you think the funds of the 'Yu Hang Group' have completely stopped making profits and withdrawn?"

Liu Changling nodded and said: "You can't be wrong, otherwise the market would not have such a large amount of energy today. It is almost 1.1 trillion. The turnover is 100 billion faster than yesterday. This level of explosion Quantity, especially the main funding divergence, happens to occur in the main areas of 'big finance', 'big infrastructure', and 'military industry' where the 'Yu Hang Group' is fully funded. Isn't it worth being vigilant? "

"If the funds of the 'Yu Hang Group' start to completely cut profits and withdraw... it will be bad." After hearing Liu Changling's explanation, Shao Xiaoyun instantly started to panic and said hurriedly, "Quick, quick... while we can The market has not closed yet, so try your best to reduce your positions and take profits, and sell as much as you can.”

Seeing that Shao Xiaoyun finally figured it out, Liu Changling couldn't help but breathed a sigh of relief. Without waiting for Shao Xiaoyun to issue other instructions, he quickly ordered the trading team behind him to cut off positions and stop profits at all costs, even taking advantage of many popular stocks and still having enough money. For liquidity, the price limit is directly placed on selling.

As more and more asset management institutions in the industry begin to realize the differences and risks in the market.

As more and more funds are held on the market, liquidation sales begin.

In the last ten minutes of trading between the two cities, the market began to experience a unilateral and rapid downward trend, which was fully suppressed by short sellers. As a result, the market closed at 3 o'clock in the afternoon.

The Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index, ChiNext Index, Small and Medium Enterprises Index, and A50 Index all closed down. (End of chapter)