Black Wednesday!
Man’s calculation is not as good as God’s calculation!
After the market closed, Zhang Guoqing's face turned green as he looked at the green screen. He wanted to get angry, but he couldn't find someone to talk to. He kept his promise in the company and Junan Securities Company is now ranked second in the country. He has contributed a lot. If it weren't for The richest man in China suddenly bought a stake in Pengcheng Securities Company, and now the domestic securities boss is Junan Securities Company! It was also his decision to partner up as a banker. If he had not teamed up with two partners to buy more than 17.3 million shares of Sichuan Changhong and more than 42 million shares of Peng Development today, Sichuan Changhong and Peng Development would most likely be locked at the lower limit.
To make money in the stock market, it's either you die or I live, the winner is the king and the loser is the bandit!
The boat is small and easy to turn around!
Small institutions, large investors and retail investors ran away when they saw that the timing was wrong! In normal times, Zhang Guoqing would not be able to get what he wanted. It would be easy to attract goods. He only hoped that the management would see the stock market plummet today and delay for a few days before introducing strict control policies.
On May 15, there was no bad news, and the market opened lower. Under the leadership of Peng Development and Chuan Changhong, the stock index quickly turned red and increased in volume. Retail investors who shipped yesterday could not help but rush in again, 10:12 , Peng Development and Chuan Changhong continued to rise, but other stocks did not rise but fell, and quickly turned green. Smart small institutions and large investors immediately understood that there were large institutions pushing up the index stocks, pumping and selling, and millions of shares The stocks of Peng Development and Chuan Changhong fell from the sky. Although large institutions desperately resisted, they could not stop the surge of profits. The Shanghai Peng market fell by more than 1%, and Peng Development and Chuan Changhong, which rose by about 3%, were also Hit green.
Large institutions also gave up resistance and joined the sell-off team one after another, and the market's decline expanded to 2%.
A piece of bad news suddenly came out of the market. The stock quota for 1997 will be expanded to 30 billion shares, which will be announced tomorrow!
There is no smoke without fire. The rumors have been confirmed in the end. Small institutions and large investors would rather believe it and wait until they come out. Tomorrow is the weekend!
At the close of trading at noon, no management came out to clarify the rumors. At the opening of the afternoon, the market continued to fall. In the late trading, large institutions protected the market, strongly lifting Peng Development and Sichuan Changhong. In the end, the Shanghai Stock Index plummeted 3.27%, and the Pengcheng Index plummeted 4.52%.
Zhang Guoqing was sitting in a chair in a daze. He had just received accurate information from a friend at the Securities Exchange Commission on the phone. The market rumors were true.
Qiu Yunyan and Deng Hualin looked at the green screen and felt relaxed. Yesterday's plunge and Pengcheng Securities' sudden cash out triggered a market stampede, but what was the reason for today's plunge? Is there really a major downside to the market? Chairman Sun has already known this in advance and cannot explain it clearly.
[An app that has been running stably for many years, comparable to the old book-chasing tool, used by all old bookworms.
Once the market reaches a consensus, it will be difficult for the gods to save it, and smart investors can only follow the trend.
The Shanghai Peng stock market opened lower and moved lower. Bulls were unwilling to fight and killed many. The Peng Component Index plummeted 4.57% again, and the Shanghai Stock Exchange Index plummeted 3.1%.
On May 19, there was no big bearishness over the weekend. The Shanghai stock market opened at 1330.78 points, opening 14.86 points higher. Under the pressure of profit taking, the market quickly filled the gap. Under the leadership of Peng Development and Chuan Changhong, the market The market rebounded and finally closed at 1344.61 points, an increase of 28.69 points or 2.18%, but the transaction volume decreased by nearly 50%.
On May 20, the Shanghai Stock Exchange Index opened 7.05 points higher at 1351.65 points. Under the leadership of Peng Development and Chuan Changhong, the market opened higher and went higher, reaching a maximum of 1386.36 points and closing at 1381.11 points, up 36.5 points or 2.71%. , the transaction volume increased by 20% compared with yesterday, and the volume surged.
On the 19th and 20th, the Pengcheng Index increased by 0.94% and 4.83% respectively.
The Shanghai stock market has reversed the impact of the consecutive sharp declines in the previous three trading days, and market confidence has been partially restored.
On May 21, the Pengcheng Index opened at 5462.03 points, opening 38.73 points higher. The Shanghai Stock Exchange Index opened at 1386.84 points, opening 5.73 points higher. Under the leadership of Peng Development and Chuan Changhong, it opened higher and moved higher, with the Pengcheng Index reaching its highest level. At 5483.54 points, the Shanghai Stock Index rushed to 1389.60 points. At 10:24, a rumor that "state-owned enterprises and listed companies are strictly prohibited from speculating in stocks" spread in the market. Sellers fled like a rushing flood, and Peng Development and Sichuan Changhong protected the market. Ineffective, the Penghu market plummeted...
During the lunch break, the management did not come forward to clarify the rumors. The market opened in the afternoon and the market continued to fall. The Pengcheng Index was hit to 5190.12 points and the Shanghai Stock Exchange Index was hit to 1340.29 points. In the late trading, rebound funds intervened and closed at 5242.61 points, down 180.69 points. point, plummeted 3.33%, the trading volume shrank by more than 10%, and the shrinkage plummeted!
The Shanghai Composite Index closed at 1354.88 points, down 26.23 points, or 1.90%, and the turnover increased by nearly 10%.
In the evening, the management's decision to "strictly prohibit state-owned enterprises and listed companies from speculating in stocks" was broadcast on the news network, confirming that today's major negative rumors were true.
Institutions, large investors and retail investors who had not sold stocks had another sleepless night. They bought securities newspapers early in the morning and read them carefully. The more they read, the more their minds sank. They did not have a good meal or meal. They came to the securities business department early and stood in front of the self-service trading machine. There was a long queue.
On May 22, the Pengcheng Index opened at 4769.04 points, opening 473.57 points lower, or 9.03% lower; the Shanghai Stock Exchange Index opened at 1248.96 points, opening lower than 105.92 points, or 7.82% lower. The vast majority of stocks opened at the lower limit. One night Time, wealth has shrunk by 10%, and the retail investors waiting anxiously in front of the big screen have their eyes wide open and their hearts pierced!
Large institutional investors who had cleared their positions in the early stage began to rush to rebound. The Pengcheng Index reached a maximum of 5026.85 points, and the Shanghai Stock Exchange Index reached 1300.97 points. However, "state-owned enterprises and listed companies are strictly prohibited from speculating in stocks" is not an ordinary negative. Once implemented seriously, the market may fall by half. , institutions, large investors and retail investors fled for their lives. Finally, the Pengcheng Index closed at 4788.88 points, a plunge of 8.65%; the Shanghai Stock Exchange Index closed at 1235.22 points, a plunge of 8.83%. The vast majority of stocks closed at the lower limit, and the trading volume was slightly enlarged!
