Rebirth of the investment era

"No, Mr. Qin, if we sell like this, it will be too slow to reduce the position."

Zhou Hui saw that in the 'military industry' line, the number of active buying orders was getting lower and lower, and after the market fell into a liquidity dilemma, there were more and more selling and selling orders competing with them, so even if they He was the main seller at the market price. He continued to sell and could not reduce his chips in a short period of time. He couldn't help but said anxiously: "How about we directly place huge orders and compete for market liquidity to the maximum extent. If we reduce our positions in this way, it should be possible." Much faster.”

"Put huge orders directly down?" Qin Qiuyue was stunned and said, "Doing this will completely destroy the entire market, and the liquidity of the market will be further depleted."

According to her observation, they focused on building stocks in the 'military industry' line.

For tickets such as Huaguo Heavy Industry, China Airlines Mechanical and Electrical, China Airlines Optoelectronics, Aviation Power, Great Wall of China, Aviation Technology, etc., although the circulation market is not small, the average daily turnover is around 100 million to 300 million. Now there are only more than 20 minutes left before the market closes. Even if they try their best to fight the decline and compete for market liquidity, how much more can they lose compared to the market value of these stocks' holding chips, which can easily reach 70, 80, or hundreds of millions?

What's more, taking the initiative to sell downwards quickly will also quickly expand their own position losses.

Basically, it's like shooting yourself in the foot.

Therefore, such a trading strategy made her extremely hesitant for a while.

"But the market has collapsed." Zhou Hui continued, "If we don't do this, other main funds in the market will concentrate on selling down, and the result of the market trend will still be the same."

And it is exactly as Zhou Hui said...

During the simple communication and hesitation between the two people, within 2 minutes.

The market trend of the entire market has obviously become worse again. The decline of the Shanghai Stock Exchange Index has once again expanded to around 5%, hitting the 2220 point mark again. At the same time, the declines of the Shenzhen Stock Exchange Index, the Small and Medium Enterprises Index, and the ChiNext Index have also been rapid. expand.

As for the 'military industry', the main sector that has obviously been completely abandoned by the main funds in the market, the performance is even more tragic. The decline in the sector index has reached about 75% at this moment. Companies such as Huaguo Heavy Industry, China Airlines Electromechanical, China Airlines Optoelectronics, and Aviation Development Dynamics, Huaguo Great Wall, Hangfa Technology... a number of core component stocks have fallen by 7%, and even several component stocks such as Beihua Group, Aerospace Changfeng, and Hongdu Airlines have been sold out. , sealed at the lower limit.

Of course, at this moment, the performance of a number of industry sectors and concept sectors related to the two core main lines of "infrastructure" and "state-owned enterprise reform" is also tragic. Among them, several core components such as Beixin Road and Bridge, MCC, and China Fortune Land Development Stocks are also stuck at the lower limit.

"Okay!" Seeing that the market is indeed getting worse, and the remaining trading time is indeed running out, at the same time, according to the original plan, their intraday reduction of positions is far from expected, so... Qin Qiuyue hesitated a little After a moment, he gritted his teeth and issued a huge sell order to actively kill the price, and said to Zhou Hui, "In that case, then follow what you said, actively kill the market, and strive for market liquidity with all your strength."

Zhou Hui received Qin Qiuyue's agreement and responded hurriedly.

Then, he turned around and quickly issued a concentrated sell order to all the traders in the trading room.

And as such trading instructions were conveyed to every trader, in the next ten seconds or so, millions and tens of millions of funds were continuously sold and sold, and they quickly appeared in the "Military Industry" 'Many of the core components of this line were on the market, causing their related stock prices to plummet again.

Subsequently, at 2:44, the ‘military industry’ sector fell from around 75% to directly break through the 4% mark.

The next moment, at 2:45, the stock of China Airlines Electromechanical was directly hit by a huge amount of selling orders instantly, hitting the limit position, and completely lost its liquidity.

"Mr. Su, all the panic chips in the 'military industry' line should have been smashed out."

At the same time, within Yuhang and Yuhang Investment Company, in the main fund trading room, Zhao Lijun, who had been observing the market and following the trend of selling, hurriedly said: "And we have previously focused on building positions in Huaguo Heavy Industry, China Airlines Electromechanical, China Airlines Optoelectronics, and Aviation Power. , Huaguo Great Wall, Hangfa Technology...these stocks have been particularly heavily sold on the market, which should mean that the two main funds that previously competed with us to raise funds have also been slashing their positions with all their strength."

"China Airlines Electromechanical's check can actually be smashed to the limit." Li Mengye added, "I think it should be about the same. Under this situation, there is no need for us to follow the trend and smash it, right?"

Follow the previously developed trading strategy.

The purpose of Su Yu's so-called "luring the market to sell off" is to obtain more low-level cheap chips on the "military industry" line, and at the same time wash out the two main funds that were previously competing with him on the market, and Now... with the complete collapse of the main line of 'military industry' and the loss of liquidity, this goal has been achieved.

In this case, there is no need to continue to follow the trend and kill the market, wasting all the chips in hand.

When Su Yu heard Li Meng's words, he nodded slightly and said, "The market is going faster than I expected. According to this trend, the markets of 'military industry', 'infrastructure', 'state-owned enterprise reform', and 'internet finance' are relatively active." The main line is basically approaching the final drop.”

"Now that the market's panic selling situation has taken full shape."

"And the strategy of 'luring the market to kill the market' has already worked and achieved what we expected."

"Then change your strategy in time, switch from selling to buying, and return to the original rhythm of building positions. Again, watch the market for selling and passively accept it. Don't do it, don't pull the offer, and be careful to avoid the possibility of being listed on the dragon and tiger list. stocks to avoid exposing our motives in advance.”

"Okay, I understand!" Following Su Yu's instructions, all the trading team leaders in the trading room responded in unison.

Subsequently, without waiting for Su Yu to give further instructions, several trading team leaders quickly conveyed the corresponding trading instructions to the traders under their management, quickly changed their previous strategies, and in the last 15 minutes of the late trading, they swept away goods. A number of core component stock chips in the main areas of 'military industry', 'infrastructure', 'state-owned enterprise reform' and 'Internet finance' quickly added back the positions they had reduced during the session.

Because of their large-scale sweeps and undertakings.

In the last 15 minutes of trading at the end of the day, the Shanghai Stock Index refreshed its intraday low to 31 points and then rebounded again.

Finally, at 3 p.m., the two markets closed.

The Shanghai Stock Exchange Index regained the 2220 point mark and settled at 11 points, falling 48%. Among them, the Shenzhen Stock Exchange Index and the ChiNext Index fell 33% and 21% respectively. Overall, although the 'mobile Internet' and 'smartphone' stocks that once led the market growth The two main lines of the mobile phone industry chain also fell a lot in the last hour of trading, but they still maintained a weak trend in Shanghai and a strong trend in Shenzhen.

However, unlike the indices, which have fallen sharply.

In terms of the volume performance of the two markets today, compared with the previous trading days, there are clear signs of increased volume. The total turnover of the two cities reached 6.9 billion, returning to the 120 billion mark. It is also higher than last Friday's. On the trading day, the transaction volume increased by more than 10 billion.

This kind of trading volume performance not only shows that the investor group's attention to the market has increased amidst the brewing emotions over the weekend, but also shows that some of the holding chips accumulated in the market have continued to fall short of expectations as the market continues to perform worse than expected. Finally, I couldn't bear the torment in my heart and began to cut my positions and stop my losses.

In addition to the performance of index and market volume.

In terms of the overall main lines of the two cities, as well as the performance of various industry sectors and concept sectors...

I saw that during the strong market rebound in April and May, the two main lines of 'mobile Internet' and 'smartphone industry chain', which had been showing no performance, showed obvious signs of recovery today. From beginning to end, they have been leading the way. The rising market prices of the two cities supported the final situation of "Shenzhen is strong and Shanghai is weak".

Among them, on these two core main lines.

The two major industry sectors of 'film and television media' and 'electronic information' still maintained their red market in the end, closing at 89% and 63% respectively. Within their sectors, the core component stocks, Changqu Technology, Changying Precision, The three stocks of Huayi Brothers finally closed their daily limits, becoming one of the few stocks in the two cities where funds naturally relayed their daily limits.

As for the two core main lines of "infrastructure" and "state-owned enterprise reform" that have brought about the collapse of the market today, as well as the main line of "military industry" that has been completely abandoned by the main funds.

The three core main lines all started with sharp declines.

Among them, the 'Military Industry' sector index ranked first in the two cities' industry sector decline lists with a 33% decline; the 'Real Estate' sector index ranked second in the two cities' industry sector decline lists with an 88% decline; 'Building Decoration' and 'Building Materials' 'The two major sector indexes ranked third and fourth on the industry sector decline list in the two cities with a decline of 63% and 62% respectively. It can be said that they are in no particular order.

And the industry sector indexes related to several major main lines have performed so miserably. Naturally, the performance of their related core popular stocks is not much better.

I only saw a few popular stocks that were overly hyped in the early stage.

Many stocks such as Beixin Road and Bridge, Beijiang Communications Construction, Shanghai Construction Engineering, China Fortune Land Development, MCC... were all sealed at the lower limit at the closing time without exception. Among them, MCC The intraday trading volume reached as high as 600 million, which was significantly larger than the average intraday trading volume in previous trading days. It can be regarded as a heavy volume drop.

At the same time, as a stock that really led to the collapse of the market at key trading nodes in the market.

Everyone's attention to it can be said to have been rising all the way. By the time it dropped to the limit and closed, it had become the most popular stock in the market today.

Faced with such a closing situation...

The vast majority of the countless investor groups who follow the market both on and off the market are disappointed.

After all, the market sentiment was so good over the weekend and the external market was so good. Everyone thought that the market would have a relatively good trend today. Not to mention following the external market and going out of a continuous surge, at least it should not be this kind of plunge. situation.

"Hey, it keeps falling, it keeps falling!"

After a brief review, some people among the retail investors gathered in the trading platform discussion area and online investment forums sighed helplessly.

"As soon as the trend of the K-line last Friday came out, I knew that it was probably a relay of the decline. Sure enough, today the market continued to hit a new low during the period of adjustment, and it was also a trend of heavy volume and plummeting. It is estimated that tomorrow and the day after tomorrow, the Shanghai Stock Exchange Index will really go straight It’s time to test the 2200 point mark.”

"To be honest, I didn't expect the market to be so weak today."

"Actually, the trend in the morning was pretty good. At one point I thought it was going to reverse, but I didn't expect..."

"Everyone was blown away by the check from MCC! Originally, during the opening period in the afternoon, the two lines of 'mobile Internet' and 'smartphone industry chain' could significantly drive the market. They almost All the major market indexes were pulled into the red, but we never expected that the flash crash of MCC directly led to the subsequent comprehensive avalanche of the market."

“To single-handedly bring down the whole situation is the check of ‘China MCC’.”

"Who smashed those 120,000 hands?"

"I don't know, but this check will definitely have the Dragon and Tiger ranking data today. We'll find out later."

"Hey, in fact, today's trend is really a pity. If it weren't for the sudden collapse of MCC, the market would have been in a deep V trend."

“It’s really too much to spend money on the check from MCC.”

"However, although today's performance is miserable overall, there are actually bright spots in some areas."

"Yes, at least the two core lines of 'mobile Internet' and 'smartphone industry chain' that were heavily hyped by the market's main funds last year and at the beginning of the year have come forward again today, and they have vaguely driven the market and restored sentiment. There are traces, and if nothing else happens...these two lines should still show something in the future."

"I also think these two lines performed well today."

"If these two main lines can come out to drive the market again in the future, maybe the previous market style of 'Shanghai is strong and Shenzhen is weak' will change again, right?"

"If the two main lines of 'mobile Internet' and 'smartphone industry chain' come together, the market investment style will most likely have to change again. To be honest... can big players in traditional fields such as 'infrastructure' and 'state-owned enterprise reform' have the same potential?" What is the hype value? 'Growth stocks' in emerging industries are most likely to be the absolute main line in the future."

"I also think the opportunities for small-cap growth stocks are much greater than those for large-cap stocks."

"There is no doubt about this, okay? Look at the performance of the two main lines of 'mobile Internet' and 'smartphone industry chain' today, and then look at the performance of the two main lines of 'infrastructure' and 'state-owned enterprise reform'. Follow-up funds will It’s completely clear which main line and which field to take.”

"It is true that outdated leaders are not as good as dogs. The market is dynamic. The two main lines of 'infrastructure' and 'state-owned enterprise reform' have indeed been completely abandoned by the main funds of all parties in the market."

"The main board is full of big guys, and pulling the main board can't boost popularity and market sentiment. If the main funds on the market are smart, they will definitely return to the field of 'growth stock' speculation, which is mainly small and medium-sized boards and GEM."

"Let's not talk about the main line switching. Where does the index fall? Is it the end or is it a problem?"

"Let's see if the volume shrinks tomorrow. If the market shrinks again tomorrow, I estimate that today's drop will be the last drop of the market. If the market does not shrink tomorrow, or continues to increase volume, it will be difficult to say, at least below The 2200-point support level is not very optimistic.”

“It’s outrageous to see such a large amount in the market today!”

"It's not outrageous. The market sentiment has completely collapsed. Naturally, all the hold-up orders that could not be settled before have emerged."

"After all, it is MCC that brought down the whole situation. If it hadn't been for the flash crash of this check, the Shanghai Stock Exchange Index might have been in the red today, and it would definitely not have been the current trend of a comprehensive avalanche."

"Hey, it's true!"

"Just because of the check from MCC, I was trapped in the stock I was chasing after this afternoon."

"'Huaguo MCC' is definitely the culprit of today's market crash. I really want to see who is behind this stock today."

"Maybe it's the institution that locked up positions in the market before, right?"

"Aren't the institutions in the major financial media trying their best to say long? Are they still selling the market?"

"Bulling the market with one hand, smashing the market with the other, and short-selling stock index futures at the same time. This is the standard operation of institutions. Do you really believe that these institutions will spare no effort to push the market index up? Do you really believe in the bull market they say? That's nothing. It’s just a lie to attract new leeks.”

“Don’t believe a word of the institutions and investment advisory experts these days.”

"Believe in yourself, that's the truth!"

"I am responsible for my own money. Even if I lose money, I will not use my money to buy fund products managed by these guys."

Amid the heated discussions among many retail investors, the time hand slid forward quickly, and before we knew it, it was already 5:30 pm.

Amid much attention, the rankings of dragons and tigers in the two cities were refreshed.

I saw Beixin Road and Bridge, Hongdu Airlines, Changqu Technology, Changying Precision, China Fortune Land Development... and many other popular stocks on the list. As expected, they have attracted the attention of market investors and are the main culprits of today's market crash. The culprit, the check from China Metallurgical Corporation, was also on the list of dragons and tigers.

“Damn it, it’s not an institution that smashed the disk!”

When MCC in China appeared on the Dragon and Tiger List and successfully disclosed its trading seats, seeing the disclosed selling one seat, not only the vast retail investors in the market were completely shocked, but also Yuhang Hot Capital, where Su Yu was located In the main group, all the hot money bosses also showed shocked expressions.