January 25, 2024 is a Thursday...................................... ................................................................. ........
Recently, A-shares have stabilized. The reason is: On January 24, 2024, the head of the China Securities Regulatory Commission said in an interview with the media that the China Securities Regulatory Commission will focus on building an investor-oriented capital market and will better reflect the interests of investors in the design of institutional mechanisms. Prioritize and vigorously promote listed companies to better return investors through repurchases, cancellations, increased dividends, etc., and highlight the quality assessment of their sponsor companies, especially the assessment of investor returns. Companies without long-term returns cannot be brought to the market. , giving investors a sense of gain.
----------This is the first time since the introduction of A-shares in 1990 that the management has proposed to put investors first! This is a subversive statement! To put it bluntly, if the stock market index falls every year, it is not investor-oriented. At least the index rises most of the years. Even if it rises by 10 points, it is still rising (always better than falling). Also, if you look at 3, 5, 10 years in a row... the index must generally rise (by more or less, another question), otherwise, there will be no credibility. Therefore, if you dare to raise this point, there must be a think tank that has come up with a plan: in the future, the index will no longer continue to plummet. (To put it bluntly, it is not difficult to control the index. After the plummet, the regulation is that China’s regulation ability is the best in the world. ), when the index is stable, hot money can feel free to speculate. To put it bluntly, this is a change in the management's guiding ideology. Just like Brother No. 1 said N years ago: "Houses are for general use to live in, not for speculation." -------- People who believe this, If you sell when house prices rise later, you will avoid a subsequent fall. Therefore, guiding ideology is very important.
Highlight the quality assessment of its sponsor companies, especially the assessment of investor returns------the assessment of the China Securities Regulatory Commission is also very powerful. In this way, we can avoid the fact that more than 95% of new stocks have fallen continuously in recent years! Why is this happening? In order to get more underwriting fees, securities companies give advice to listed companies. As a result, the listed company originally planned to issue shares with an issue price of 10 yuan, but instead changed it to an issue price of 30 yuan. The issue price is outrageous (the price-to-earnings ratio of many issuances is 50---2000 times) (so that securities companies can get millions or tens of millions more in underwriting fees), when the market opens, let retail investors buy 100 shares and I buy 100 shares (retail investors are not afraid if I buy the wrong 100 shares), 2 Ten thousand retail investors equal 20,000 lots, so the opening price will naturally be higher (the original issuance price is high, so the opening price is even higher), and what follows is a fate of continuous decline.
Now change the assessment system: If the new stocks recommended by a securities company continue to fall after listing, then the assessment fails (especially if all the new stocks it recommends fall), then the securities company will downgrade the new business. , the securities company will not be handled, and the leaders of the securities company are also at risk of being laid off... Therefore, the assessment method has changed, and the ecology of the stock market has slowly changed accordingly. Such an assessment method is beneficial to new stocks (only if future new stocks are of good quality will securities companies dare to recommend them, otherwise, sooner or later, their own jobs will be ruined).
Of course, this change comes slowly - just like the restriction that the price-to-earnings ratio of new shares issued cannot be higher than 23 times was relaxed in the early years. At the beginning, it was nothing. After 3 to 12 months, securities companies became more and more courageous. Since then, many new stocks have been issued with price-to-earning ratios ranging from 100 to 3,000 times.
Originally, the issue price of the loss-making stocks should be lower, but the securities company set an issue price of 92 yuan, opened at 260 yuan, and dropped all the way to the current price of 69 yuan. For a loss-making stock, 69 yuan is still too high! To put it bluntly, it is reliable to issue such loss-making stocks for 3-10 yuan. In order to get more sponsorship fees, securities companies set an issue price of 92 yuan. Such irresponsible high-price issuance resulted in 95% of new shares being issued. It’s a long road ahead for a bear. In the past 10 years, about 2,000 new stocks have been listed, 95% of which are bear stocks. Bear stocks are continuously provided from the source. The stock market must have a long road ahead!
Now, the management has finally grasped the fundamental problem. At least, even if the stock market does not rise (not by a big rise) in the future, it will not continue its long bearish journey. In this way, people who know how to pick stocks can find opportunities in individual stocks ------- In any society or industry, people who can find opportunities can make money (provided that the general environment is stable). Therefore, Yuansheng foresees: In the next 10-20 years, China will gradually become a financial power... In these 10-20 years, who will choose stocks and who will choose the time will be The biggest gainer. For this process, you can refer to real estate from 1998 to 2017!
Yuansheng believes that the current hot spots are only Shanghai local stocks (thanks to the regulations on further opening up of Pudong N days ago); the other is state-owned enterprises, especially central enterprises (thanks to the State-owned Assets Supervision and Administration Commission’s listing of market value management as a leader for state-owned enterprises N days ago) One of the assessment indicators for people)......................
Yuansheng selected Guofang stock, the smallest among state-owned enterprises, with only 13.04 million shares in circulation.............
In the morning, Guofang stock opened 6.09% lower, and the vanguard of Yuansheng has already bought...
After the stock price fluctuated at 9:30, Yuansheng continued to increase its position, and finally controlled the cost at 37.20 yuan and ended the battle on the first battlefield of expanding territory.
The second battlefield is the battle of Lianqun stocks. In the morning, Lianqun's stock opened 2.82% higher, Yuansheng is waiting...................... .......
At 10:01, when Lianqun's stock rose to the auspicious number of 5.58 yuan, it was already far away from the moving average. Yuansheng decisively cleared its positions and sealed the victory.
Why sell? It is not a popular stock, with an increase of about 32% in 2 days. A stable Yuan Sheng will naturally have to sell. If you sell, you will lock in the victory, otherwise you will be a bird in the forest...
The third battlefield is the battle of Danxin Stock. In the morning, Danxin stock opened at the daily limit, and it was a profit again............. This is the charm of stocks that are in the spotlight. .
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After 3 o'clock in the afternoon, Yuansheng took stock of the stocks in his hands: Guofang's stock rose by 30%, and Danxin's stock hit the daily limit.
PS: The stock prototype for clearance today is: Lianqun stock---ST Yi Lianzhong (after playing for 2 days, I bought it for 4.14 yuan, and the highest today is 4.60 yuan)
I write at night I write at night (17K Novel Network can add words at any time)
I write at night I write at night (17K Novel Network can add words at any time)
I write at night I write at night (17K Novel Network can add words at any time)
I write at night I write at night (17K Novel Network can add words at any time)
