With the National Day holiday over, Big A opened on Tuesday, October 8, the first trading day after the holiday, and the index entered a rebound. The Shanghai Stock Index closed up +1.08% that day, while Quantitative Capital rebounded +4.76% today, with the stock price closing at 179.86 yuan. The trading volume for the whole day was 7.196 billion yuan.
The reason for the two consecutive stock price limits before the holidays was that the company's founder wanted to reduce his holdings, but Chen Yu quickly refuted the rumors, and the stock price stabilized.
The next Wednesday, quantitative capital increased its volume to the daily limit, and the stock price rushed to the price of 197.85 yuan, once again returning to the tens of billions of daily turnover, and released a scale of 12.5 billion that day.
On Thursday, quantitative capital opened flat and fell, and once fell by more than 8 percentage points around 11 o'clock in the session.
But at around 12 noon, Quantitative Capital released an advance third-quarter performance report in accordance with regulations.
According to announcement data, Quantitative Capital’s third-quarter performance is expected to earn 28 billion yuan, with net profit expected to be 11.7 billion yuan, and profits expected to increase by 4007.14% year-on-year.
Good guy!
As soon as this performance came out, the capital market was excited. Before the market opened in the afternoon, investors began to place orders to rush for funds.
Quantitative capital is indeed delivering on its performance. Chen Yu said during the mid-year results conference call that there is no problem in expecting revenue to exceed 50 billion in the second half of the year. In addition, it made a huge profit of 28 billion in the third quarter, and its net profit soared to 11.5 billion, significantly exceeding expectations.
When the market opened at 13:00 p.m., Quantitative Capital’s stock price surged straight up, turning red and rising in less than a minute.
However, the selling pressure at this time was very huge, and the trading volume was huge. After the stock price turned red, it could not move forward, and it did not get out of the second board market. It finally closed at the price of 200.59 yuan, up +1.38%, and the trading volume was released throughout the day. 15.969 billion, which is the second largest daily trading volume in the history of the stock since its listing, second only to the 16.7 billion daily volume released on September 23.
After the market closed, the comment section of the stock forum was extremely popular.
[Such a huge benefit did not reach the daily limit. This is something I did not expect. The third quarter report seriously exceeded expectations! ]
[Everyone selling today is a fool. ]
[Already heavily bought, waiting for the third wave of main rise. ]
[The profit in the third quarter was 11.7 billion, and another 11.7 billion in the fourth quarter is not too much, right? Adding in the 2 billion for half a year, this year’s profit is 25.4 billion. The price-to-earnings ratio corresponding to today’s closing market value is only 11 times. The third wave of main rise is complete! ]
[Niaobi, is quantitative trading so profitable? ]
[This is the genius of quantitative capital. High-tech stock trading is easy to grasp. No wonder Chen Yu has spent so much effort building data centers and computing power centers in order to develop more powerful intelligent quantitative trading models. ]
[Your opponent may not be a human, but a robot...]
[It’s so unfair...]
[That’s too much. Doesn’t that mean the stock market is used as an ATM? ]
[Put up a post as proof. Those who sold it today will wait for you to come back tomorrow! ]
…
The next day, Friday, October 11, the last trading day of the week arrived as scheduled.
Quantitative capital jumped up and opened +5.29% today. After opening, it hit the 10-day line to cover the gap and then fluctuated upward again. At 13:49 in the afternoon, the daily limit was closed. The stock price rushed to 220.65 yuan, with a market value of 308.468 billion. It returned to the market. The market capitalization mark is 300 billion.
Today's trading volume has shrunk compared to yesterday's huge volume, but it still reached tens of billions. The specific number is 10.7 billion.
After the daily limit came out, the market was convinced that it was going to have a third wave of main rise. After returning from the holiday, there were four consecutive days of sunshine and two rebounds in four days, with a cumulative increase of +28.52%. Today, even following the trend, it hit another 300 million yuan. Enter the market and go long.
Moreover, Digital Brother also bought 500,000 today. The market believed that the stock was going to go through the third wave, forming a concerted effort to go long.
The data on the Dragon and Tiger list in the afternoon was also very luxurious. You can see that the big guys who follow the trend are also on the list. There are three hot money and two institutions buying seats, with a net inflow of 978 million.
In the third wave of market conditions, investors have raised their expectations. The target market value is 500 billion, and the corresponding stock price is about 35.765 billion yuan. There is also an increase of more than 62 percentage points expected, and it is expected to record five daily limits.
…
Just when the market was optimistic about the third wave of quantitative capital market, a super negative "black swan" incident was exposed over the weekend, which made everyone who got on the bus feel numb.
A piece of news went viral on the Internet and was confirmed, that is, the North American Securities and Exchange Commission froze Quantitative Capital’s investment account in the U.S. stock market. Its account funds exceeded 5 billion US dollars, which is equivalent to more than 30 billion yuan.
Moreover, the North American Securities and Exchange Commission also announced that quantitative capital is prohibited from entering the market, which means that the company is not allowed to participate in investment in the US stock market.
Not only that, the United States also announced that quantitative capital would be included in the sanctions list and other companies would not be allowed to cooperate with it, especially chip companies.
The previous Guangda Oolong Index incident once made everyone worried that regulatory authorities would take action against quantitative trading. As a result, there was no comment from the mainland village. On the contrary, North America, where quantitative trading was emerging, directly imposed sanctions on quantitative capital.
Moreover, it is an extremely shameless sanction operation. It directly bans market entry sanctions on quantitative capital. What is even more shameless is that it also freezes the investment accounts of quantitative capital.
As soon as this news came out and was confirmed, the domestic capital market was in a stir, and investors holding quantitative capital were even more excited.
[Never seen such a shameless act! ]
[After Xingyu Technology, another high-tech company was sanctioned. ]
[No one dares to doubt the AI technology level of quantitative capital now, right? Even the United States has shamelessly sanctioned it. ]
[The U.S. stock market does not allow such an impressive investment institution to exist... (Erha.jpg)]
[It’s over, it will drop to the limit tomorrow. ]
[The people who entered the venue on Friday were dumbfounded. Now they are all buried alive. Number brother, drifting and other hot money will all die...]
[No, you are not allowed to play in the U.S. stock market. Are you not allowed to play in other markets? What are you panicking about? ]
[Do you dare to do it in other markets? The father of Magnesium has already spoken, not to mention that other markets can also find such a reason to ban quantitative capital from entering the market. After all, your intelligent quantitative trading is too ruthless. ]
[Davis made a double play...]
[Shouldn’t you cut it off at the waist? ]
[It’s really unlucky that the relay turned into a takeover last Friday! ]
…
At the opening of trading on Monday, October 14, quantitative capital directly shrunk to the limit, and the stock price fell to 198.59 yuan. All the long funds that had been betting on the third wave of the market last Friday were buried alive.
Quantitative capital is involved in this matter. Not only has the strongest logic that previously supported the stock's surge disappeared, but it is also sanctioned for playing high-tech. It is simply adding insult to injury.
More than 30 billion in funds have been frozen by the United States, which means that all the money earned in the third quarter has been lost. The fourth quarter will not make that much money. Chen Yu’s goal of 50 billion in revenue for the second half of the year during the interim results report has become Bubble.
This incident brought quantitative capital into the so-called "Davis Double Kill" situation.
Today's one-word limit drop is just the beginning. The next market trend soon made everyone who took the relay last Friday feel numb. The stock once again shocked the situation of the galaxy concept stocks at the beginning of this year.
In five days this week, quantitative capital has shrunk to the limit for five consecutive times.
The stock price dropped to 130.29 yuan, and the market value shrank to 182.145 billion yuan. Compared with the highest price of 252.51 yuan, the cumulative drop was -48.40%. This drop is no different from a cut in half.
…
(End of chapter)
