Friday, March 8th.
Galaxy concept stocks are still hitting their daily limit. Quantitative capital, which saw a sharp decline yesterday, is also hitting its daily limit today. Retail investors who followed the trend yesterday are now feeling numb.
Retail investors don't have the analysis team of large institutions, and they can't see the situation clearly. Now they feel a little regretful.
On the news, a new rumor emerged again today.
Today, another so-called insider who wishes to remain anonymous came out and claimed that Qunxing Capital plans to kill it to the end and replicate the operations of Hengtong Pharmaceutical Group in the past, including a large-scale private placement.
This news was secretly released by Qunxing Capital, and it spread wildly in the investment circle when the news came out.
Some investors who entered the quantitative capital market yesterday felt their scalps numb.
The news also quickly spread to the ears of those stubborn foreign investors. Now Bengbu is really in trouble. Is Star Capital going to do something like Hengtong Pharmaceutical? That's a clean slate!
The most important thing is that the village seems to be indifferent to this matter. They eat and drink when they should. They seem to have no idea about the fact that 12 Galaxy concept stocks have hit their limit.
But what can the village say about this?
At this moment, Qunxing Capital is still boosting finance, and the index has not plummeted like a collapse. It is still around 2,300 points at this moment.
The news spread all morning.
When the market opened in the afternoon, the amount of closing funds on the daily limit of 12 Galaxy concept stocks exceeded the limit by more than 100 billion.
These extra funds are foreign capital.
In a sense, this is a signal to admit defeat.
The field is not yours, and there is nothing you can do if it is blasted in a targeted manner.
There is another key factor that cannot be ignored, that is, the U.S. stock market hit a record high this week. The Dow Jones Index exceeded the historical high of 14,198.10 points set during the 2007 subprime mortgage crisis and the 2008 global financial crisis.
The losses here are still increasing, the U.S. stock market has broken through over there, and this time it is going up, and the U.S. stock market has been shorted here, and the losses are so severe that I don’t even recognize them.
Originally, the plan of this batch of hot foreign investment was to be harvested here in the galaxy. Then the funds were withdrawn from the U.S. stock market, making huge profits on both ends.
As a result, both ends are now losing blood.
…
Monday, March 11th.
Galaxy concept stocks continue to hit the limit. This is the 16th consecutive limit-down.
The investors are numb. It is no surprise at all now, and the market is no longer affected by this. The most intuitive reaction is that the group of galaxies collectively hit the limit and has caused no panic on the market index.
On the contrary, the big financial sector has been going strong recently. During this period, the banking sector index has reached a cumulative increase of +41.89% since it bottomed out at 1949 points in early December last year. Many people are also participating in big finance, and the securities sector index has a cumulative increase of +41.89%. +69% or so.
More and more stock investors know that there are mysterious funds passing through the big financial market protection index. As long as the galaxies continue to fall, the market of the big financial sector will not end. Now it is this kind of structural differentiation.
…
Around 14:00, Stars Capital Headquarters.
At this moment, in a VIP reception room inside the company, Qiu Guangcheng, the current rotating chairman of Star Capital, is here, along with a middle-aged white foreigner wearing a suit and leather shoes.
"...You have gone too far. You are offending the entire Wall Street." The foreigner looked directly at Qiu Guangcheng, who was sent by Merrill Lynch, with undisguised anger.
Now is the showdown, to put it straight to the point, because we really live in Bengbu.
This time, more than one foreign-funded institution was troubled, but Merrill Lynch is still cooperating with Qunxing Capital. At the moment, Merrill Lynch has a lot of funds tied up in the cryptocurrency market.
Other institutions have no cooperative relationship with Qunxing Capital, so Merrill Lynch can only come forward this time. In fact, the moment the other party came to the door, they gave up, otherwise they would never have made this move.
"Mr. James, you can't say anything without evidence. This is a financial behavior in the secondary market. How can our company dare to offend the entire Wall Street." Qiu Guangcheng said with a righteous expression.
Hearing what he said, the foreigner sitting opposite him became even more angry.
You clearly know that what he said is nonsense, and he actually knows that you know that he is nonsense. This is what makes you most angry. What makes you even more angry is that you are bored.
"OK, we admit defeat this time and are willing to admit losses and exit. Let us release the remaining funds. We have already cut them in half and cut them in half again. If you continue to kill, you won't be able to make much profit. Let it end here."
Upon hearing this, Qiu Guangcheng said calmly: "I told Mr. James, this is market behavior and has nothing to do with Qunxing Capital. In fact, we are the party that suffered the most losses, with our net assets shrinking by nearly 400 billion US dollars."
When the middle-aged white man named James heard this, his mind was already filled with all kinds of words starting with the letter "F".
At this time, Qiu Guangcheng said calmly: "Market behavior and when to stop the decline are also the results of market games."
The implication is, just wait!
When the other party heard this, he snorted coldly and walked away. He couldn't stay any longer for fear that Madfak would blurt it out.
As the other party left, Qiu Guangcheng couldn't help but sigh: "The relationship between Star Capital and Wall Street is getting deeper and deeper..."
…
The next day, Tuesday, March 12th.
Galaxy concept stocks have broken through the 17th consecutive session of lowering the limit. For those who are stuck at a high level, the absolute loss range of the current lowering limit is relatively small.
For example, Xingyu Technology fell to 1.57 yuan yesterday, with a cumulative decline of -81.80%. Today it hits another limit. For the funds involved yesterday, it will definitely suffer a loss of 10 points today, but for the funds held up from a high point, today's After falling to the limit, its cumulative decline expanded to -83.66%, with an absolute loss of -1.86 percentage points.
For the high-point holding plate, there is really not much oil and water to squeeze out.
However, the seventeen-day limit is not over yet.
…
Wednesday, March 13th.
The A-share market opened, and Galaxy concept stocks once again collectively hit their daily limit. Except for quantitative capital, the other 11 stocks hit their daily limit for 18 consecutive days.
Quantitative capital, after being blocked by the chief rudder, has also hit the four-digit daily limit today.
When stock investors saw this situation, they called it an escape from the eighteenth level of hell. As if there was no bottom, the stock price of Xingyu Technology fell to an incredible price of 1.27 yuan, and the market value shrank to 349.7 billion yuan, a market value of 2 trillion yuan. It just evaporated.
As time went by, it was around 10 o'clock.
The 12 Galaxy Concept Stocks have made changes, and many large institutions have noticed and are keeping a close eye on these stocks.
At 10:03, tens of billions of funds poured into 12 galaxy concept stocks almost at the same time.
When Xingyu Technology fell to the current price of 1.27 yuan, the amount of order closing funds on the lower limit was only more than 10 billion, but the amount of order closings was not low, because the stock price was low, and the order closing funds naturally decreased.
At this time, Wanshou brothers came into the market in large numbers, and more than 13 billion in funds on the lower limit were quickly eaten up.
The eighteenth consecutive board fell to the limit and was pried open!
At the same time, Weibo, Kyushu Blue Arrow, Kunpeng Technology, ATL Technology and other galaxy concept stocks also exploded in volume at about the same time.
The lower limits have been pried open one after another, and the time-sharing line has begun to rise.
The market index was also driven up, rushing from the -0.70% water level to the -0.24 water level.
…
(End of chapter)
