Chapter 316: Go into battle lightly and wait for the stock market crash (two-in-one, please vote for me)

Author: Ru Meng Ru Hua

Chapter 316: Go into battle lightly and wait for the stock market crash (two-in-one, please vote for me)

Since May 18, the Shanghai Composite Index has started a new round of short-squeezing upward trend. The index has broken through from 4300 points to above 4900 points. Within eight trading days, the Shanghai Composite Index has risen as high as 633.02 points.

The increase reached 14.69%.

The trading volume of the Shanghai and Shenzhen stock markets exceeded 2 trillion yuan for three consecutive trading days. Due to the huge amount of buying orders, short-term overbought has become very serious. The market is in urgent need of a major adjustment to consume these overbought forces.

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In fact, not only is the Shanghai Stock Index seriously overbought and deviating from the five-day line, Central Huijin's large reduction in its holdings in the four major banks should also be enough to attract market attention. This is the first time that Huijin has reduced its holdings in the four major banks.

According to public information disclosed by relevant data, Huijin reduced its holdings in ICBC and CCB in the A-share market on May 26, with amounts of 1.629 billion yuan and 1.906 billion yuan respectively.

The national team began to withdraw, which itself was a topic that attracted market attention, but this time it was overshadowed by the daily limit of more than 400 stocks yesterday.

Retail investors are still immersed in the good wishes of the index hitting 5,000 points, without any awareness of risks.

But this does not mean that smart money has not discovered it. There are always smart people in the market.

Under such an environment, even if there is no sharp drop today, it will happen in the following trading days, so in Gu Junhao's view, the sharp drop of 528 is not unexpected.

In early trading, the Shanghai Composite Index and the Shenzhen Component Index both opened slightly higher after the two markets were matched by call auctions.

The ChiNext Index opened slightly lower, and before 10:30 a.m., the trends in the two cities were stable.

The Shanghai Composite Index reached a maximum of 4986.50 points, an increase of nearly 1%.

The GEM Index also rose sharply by more than 1.2% at one time, with the index reaching a maximum of 3677.33 points.

The main funds used one hour of trading time to confuse a large number of retail investors. The 5,000 and 3,700 points seemed to be close at hand. The good expectations of the bull market made people imagine endlessly.

At 10:38, the Shanghai Stock Exchange Index began to show signs of diving. In less than five minutes, the index plunged by more than 1% to 4932.63 points, down 0.18%. The ChiNext Index and other major sectors began to follow suit.

In fact, most retail investors are still unaware of the risks at this moment.

I still think that the index and individual stocks will fluctuate as in the past few days, and will eventually complete the adjustment within the day and continue to rise.

This is true even when the Shanghai Composite Index fell by 1.40% by midday closing and the index fell below 4,900 points.

The intraday plunge has entered a period of acceleration since the opening in the afternoon. A series of financial stocks and Chinese-headed stocks, mostly held by the national team, began to intensify their dives. The stock index also showed a unilateral rapid decline.

At 2:30 p.m., the Shanghai Composite Index had fallen by more than 3.8%.

Most financial stocks, including brokerages, insurance companies and banks, began to fall below their limits, and huge amounts of money began to flee.

There was no rebound at all. At three o'clock in the afternoon, when the two markets closed, the Shanghai Stock Index fell 6.50%, falling more than 320 points in one day.

The ChiNext Index fell 5.39%, and the Shanghai Composite Index's single-day turnover exceeded 1.25 trillion.

The three major financial sectors became the hardest hit. The brokerage sector as a whole fell by the limit, the insurance sector fell by more than 6%, and the banking sector fell by more than 5%.

The Belt and Road sector, which has been hot recently, plunged more than 7%, with numerous stocks in the sector hitting their daily limit.

There are many stocks that have fallen below the limit on the market, and among a series of falling stocks, there are many figures of a certain team.

And these sectors are the most popular sectors in recent times, and a large number of retail investors gather here.

Before the stock market crash in 2015, the Chinese prefixes and big finance were not so despised by later generations.

As a retail investor, if I didn't hit the limit today, I would be embarrassed to go out and meet people.

Dongfang Fortune, Gu Junhao's only current holding, fell 7.16% again today after falling 6.52% yesterday. The stock price has dropped from the highest of 91.45 yuan that month to the current price of 72.90 yuan.

Zhongguo Yizhong, which cleared its position yesterday, fell sharply by 7.39% this morning after reaching 21.37 yuan. The intraday amplitude exceeded 16%. Investors who rushed in in early trading suffered heavy losses.

Tong Huashun, which is in the same sector as Dongfang Fortune, is not much better. Its stock price has dropped from the highest point of 128.50 yuan in the month to the current 92.80 yuan, falling below the 100 yuan mark again.

Nowadays, 100-yuan stocks are already a major threshold for GEM constituent stocks, and there are not many stocks that can sustainably stand above 100 yuan.

Today's market trend can be regarded as a preview before the crash.

As far as the closing index of the Shanghai Composite Index is concerned today, there is still an increase of almost 550 points before a real collapse.

To be honest, if you want to buy the bottom, the profit will still be good, but Gu Junhao has no plans to buy it anymore.

Everyone knows who is causing the market crash in this round. Given the current size of Junshi No. 2, if you want to buy the bottom, you can only go to their place to grab food.

We have already made so much profit before and attracted widespread attention from the market. If we still enter the market for profit at the final stage, it will be a bit desperate.

In less than a year, the total size of the two Junshi Capital funds has increased from the initial 540 million yuan to the current total size of more than 3.4 billion yuan, plus nearly 400 million yuan in income from personal accounts.

Excluding costs, Gu Junhao earned more than 3 billion yuan in net profits from the market this year.

Although this amount of money is only a drop in the bucket for a certain team, the net profit of more than 3 billion in less than a year is enough to attract attention.

Now that we have retreated in advance, there is no need to re-enter, lest we try to cause trouble.

As for making another huge profit by shorting stock index futures in a plummeting market, Gu Junhao has never even thought about it. This is simply looking for shit.

In Gu Junhao's opinion, the biggest reason why the fellow went to use the sewing machine was probably related to this.

Of course, Gu Junhao didn't know the specific reason, it was just his own guess.

But if you wait until the call for a bailout is made and then re-enter, the impression left behind will naturally be different.

As for the 30,000 Dongfang Wealth left behind, Gu Junhao is not very worried. There will be an opportunity to lighten up the position and exchange shares next month.

As for the next rotation, Gu Junhao has also thought about it, which is to try to avoid entering a certain team's field.

It’s not impossible to go to some sectors that don’t attract much attention, and even some monster stocks.

As long as you don't cause trouble, no one will care how you cut the leeks.

On May 29, the Shanghai and Shenzhen stock markets ended today's trading with a golden needle probing the bottom of the Yang line.

The trend the next day seems to have the same effect as the previous drop of more than 5%, which has left countless hopes for new investors.

There is nothing that can't be changed by one Yang line. If it doesn't work, then use two.

Dongfang Fortune hit the bottom of 70 yuan today and closed at 74.29 yuan, ending this month's trading with an increase of 1.91%.

In May, Dongfang Fortune no longer had the same glory as in April. The stock price continued to fall since entering the second half of trading, and finally fell by 11.51% in one month and ended trading in May.

As of the end of May, due to the high-level liquidation of Zhongguo Yizhong and the high-level reduction of Dongfang Fortune, the overall size of Junshi No. 2 has reached around 2.718 billion yuan, with a net worth as high as 543.57.

In fact, as long as you don't mess around, based on the current market value of Dongfang Fortune, since it is a 90% drop, the overall income of Junshi No. 2 can be maintained above 5. After the opening period in November, this net value

It's also very dazzling.

After the end of May, for Gu Junhao, both the company and the individual can be said to be traveling with ease.

Personally, Gu Junhao has paid off all the bridge loans and financing from securities companies, and the company is operating with zero debt.

After the end of this month, Gu Junhao also sorted out and paid attention to the company's and his own personal financial status. The current cash flow in the company's account is as high as 440 million yuan, and his personal cash holdings also exceed 380 million yuan.

The equity structure of Junshi Capital is quite simple. Gu Junhao currently holds 98%, and the other 2% is under the name of legal representative Zhang Mingde.

Zhang Mingde does not participate in the specific operations of Junshi Capital, and the shares in his name are actually held on behalf of Zhang Yiru.

The entire company is Gu Junhao's one word.

In other words, without counting the profit of Junshi No. 2, Gu Junhao can currently support more than 800 million yuan in cash flow, making him a billionaire.

To be honest, although the net value of personal shareholdings and funds has been rising in the past, Gu Junhao's personal disposable cash has never exceeded 10 million yuan.

Several times the loan was poured out in my hand without even being warmed.

What is different from his previous life is that Gu Junhao's wealth in his previous life was accumulated step by step. During this process, he also enjoyed everything he should enjoy, and his concept of money was gradual.

But now, he suddenly had more than 800 million yuan in cash flow. To be honest, Gu Junhao didn't know how to spend it.

Fortunately for the company, Junshi Capital will set up its own self-operated business and primary market investment in the future.

Whether this cash flow of more than 400 million will be enough by then is a matter of debate.

As for the personal cash of 380 million yuan, Gu Junhao didn't really think about how to spend it for a while. At present, he is just helping Zhang Yiru to boost his performance.

Having such a large amount of money lying in a bank account sounds particularly luxurious.

It has to be said that after learning about Gu Junhao's liquidation, the local bank was very enthusiastic about Gu Junhao, who had a large amount of cash flow, and he would receive invitations to have dinner from time to time.

Junshi No. 1 has made so much money, and Gu Junhao, who has always been generous in terms of remuneration, will not treat his employees badly. All employees in the company receive a lot of bonus income.

In addition to the senior executives, Xu Jianqing and his assistant Li Xinyu received the most generous bonuses. The bonus Xu Jianqing received was enough to buy a good property in Beicang in full, which made him smile from ear to ear.

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Li Xinyu, who has grown rapidly since joining the company, has a bonus that is much higher than the money she earned in the stock market. Li Xinyu, who originally made 200,000 yuan in Tonghuashun, was quite excited. She originally wanted to make another fortune with her boss.

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However, after receiving the bonus, Li Xinyu no longer thinks so much about stocks, and can just work hard together.

As for Wu Peng and Cao Wenxun, because they have only been in the company for a short time, their bonuses are naturally much smaller than those of Xu Jianqing.

However, the stocks traded by both of them have risen sharply. In the process, the performance bonus has been considerable, so there is nothing to say about the distribution of bonuses.

In fact, Gu Junhao originally wanted to hold a replacement annual meeting, but considering that the stock market crash was about to happen, it seemed inappropriate to hold a replacement annual meeting at this time. And when the stock market crash was hyped up, it would be adding salt to the wound of leeks.

Moreover, Gu Junhao tried his best to keep a low profile when distributing bonuses, but some employees still couldn't help but show off. Fortunately, the financial industry has relatively high incomes. Although it attracted heated discussions, it was within a reasonable range.
To be continued...