Chapter 1652 [Officially launch the counterattack on the last trading day before the holiday]
As time went by, at 14:33 near the end of the trading day, the time-sharing line of the SGX 50 Index was at +0.23%, and the current trading volume was only over 800 billion. Everyone believed that the SGX market would fall below 1 trillion in trading volume today.
There was less than half an hour left before the market closed. Seeing this situation, everyone believed that it would definitely not be able to maintain 1 trillion in trading volume today. This would be the first time since the surge in July last year that the SGX market's full-day trading volume fell below 1 trillion.
But just two minutes later, at 14:35, the SGX 50 Index rose abnormally.
In the next five minutes, the SGX 50 Index was pulled up by more than 5 percentage points, accompanied by a rapid and substantial surge in trading volume.
Major market software successively pushed quick news in small windows:
[The SGX 50 Index rose abnormally in the late trading, up more than +2%, and the current trading volume of the SGX market exceeded 900 billion]
Hmm?
Many people were quite surprised at this time, even the opponent's short army was a little surprised. The shorts reacted quickly and soon began to suppress the market, but the bulls were stronger and the shorts did not suppress it.
The shorts' suppression only slowed down the rise of the time-sharing line of the New Securities 50 Index, but that was all, and it didn't even make the time-sharing line fall back.
At around 14:47, major market software pushed the news again:
[The New Securities 50 Index continued to rise, the increase exceeded 3 percentage points, and the turnover of the SGX market exceeded 1 trillion]
At this time, an investor who was watching the market was surprised: "What's going on? It rebounded 3 points so quickly, and the trading volume exceeded 1 trillion?"
The time-sharing line of the New Securities 50 Index suddenly rose rapidly without any signs in the late trading, causing the market sentiment that was almost dead all day to fluctuate. No one expected that it would rise so sharply in the last half hour of the late trading.
I thought the trading volume of the SGX would fall below 1 trillion today, but I didn't expect it to break through 1 trillion.
Moreover, at this moment, the Xinzheng 50 Index is still rising. At around 14:55, the increase has exceeded 4 percentage points, and there is no intention to stop. It is still continuing to rise with volume.
"This is definitely not something that retail investors can do. Such a large volume and such a resolute rise, could it be that the rescue funds are entering the market?" A retail investor who was watching the market was surprised, and at the same time he was struggling whether to follow the market to buy the bottom. He still had four layers of funds to operate.
The gap that jumped last Friday has been constantly filling up upwards, and it seems that the gap is about to be filled.
The retail investor was entangled for a while, but he thought about it and held back. The sneak attack rebound at the end of the trading session may not be a real stabilization. Maybe there will be further sell-offs later. He decided to wait a while. It is still impossible to confirm whether this main decline wave has really bottomed out.
Now many people are saying that the Xinzheng 50 Index may fall to 5,000 points. Thinking of this, he instantly gave up the idea of buying the bottom.
He decided to wait a little longer.
But it was this decision that made him regret it.
A few minutes later, the market closed at 15:00 as expected. The SGX 50 Index rebounded by +4.37% to 8807.24 points, and the turnover of the SGX market was 1192.8 billion.
Today's trading volume is still 222.9 billion less than last Friday, but the violent pull-up at the end of the trading day made the sluggish market bright, and even surprised, because in just 25 minutes, nearly 400 billion of volume was blasted out, and the index rose unilaterally by 4 percentage points.
The SGX 50 Index has a barefoot positive line, and the closing price is the highest price of the day. The time-sharing line shows a unilateral upward trend at the end of the trading day, without any retracement, which can be said to be quite strong.
But then again, although the sudden pull-up at the end of the trading day is eye-catching, the market generally does not think that this positive line is a signal of stabilization.
Many people did not follow, but watched the index performance coldly.
This positive line made the short-selling forces a little unhappy, mainly because they were unhappy that the sneak attack at the end of the trading day could not be suppressed, so after the market closed, they led the rhythm to sing short in the market, and various small essays were flying all over the sky, intending to strengthen the bearish sentiment outside the market.
At about 15:00 in the afternoon, shortly after the market closed, WJB said at a regular press conference that the cooperation with Big Goose in multiple fields is unlimited. The three words "unlimited" have a lot of information and are very important, and the attitude is also very clear.
…
Friday, April 30, the last trading day before the May Day holiday arrived as scheduled.
Qunxing Group headquarters, pre-market meeting.
Fang Hong did not even take a seat when he entered the conference room, and said directly and neatly: "Today's strategy is just four words, pull the shorts!"
The words of the big boss were quickly conveyed, including those market makers who were not present. The latest news instructions were highly summarized in the four words "pull the shorts".
As time went by, the SGX market officially ushered in the call auction. Fang Hong immediately issued instructions: "Groups 1 and 3 are responsible for pushing up the constituent stocks of the SGX 50 Index, Groups 2, 4 and 5 are responsible for pushing up small and medium-cap stocks, and the rest are responsible for pushing up large-cap stocks. Tell CEO Xiao that they are responsible for assisting, and the stabilization fund has only one task, which is to be responsible for the main task of closing the daily limit..."
One by one, the instructions were clearly issued, and the trading team below immediately became busy in an orderly manner.
On the market, Jiutianxing.com opened sharply higher by +16.76% in the call auction, Jingdong opened sharply higher by +13.66%, Kunpeng Technology opened higher by +15.68%, GameBox opened higher by +4.37%, and Ukefang opened at the daily limit in the direct auction...
In the SGX 50 Index, except for the two constituent stocks of Matrix Quantum and Xingyu Technology, which are currently suspended, the other 48 constituent stocks opened higher in the call auction stage, of which 19 constituent stocks opened higher by more than 10 percentage points. Ukefang, Jiuzhouxing, and Bionic Power opened at the daily limit of +20%.
In addition, more than 2,200 stocks in the SGX market, more than 2,188 opened higher in the red market at the opening price, and 227 stocks in the entire SGX market opened at the daily limit. The small and medium-sized stocks that had previously suffered the most severe losses basically opened at the daily limit today.
The opening price of the SGX 50 Index directly surpassed the 9,000-point mark, opening at 9,152.20 points with a large gap up +3.91%.
"What the hell?! What the hell, this... a hundred stocks have reached their daily limit in the auction?" A retail investor was shocked to see the SGX market's stock price increase list, which was full of 20cm-level long legs, and all of them were flat.
The price increase list page of the market software showed 50 stocks as one page, and he turned back 5 pages to reach the end, and the previous ones all opened at +20%.
He continued to turn the pages in shock until he turned to page 17. The previous stocks opened more than 10 percentage points higher in the call auction. From page 1 to page 17, that is, the opening prices of 850 stocks were all more than 10 points.
Not only this retail investor, but all kinds of funds and hundreds of millions of investors in the market were extremely shocked by today's opening results.
While being extremely shocked, everyone determined that this could not be the behavior of a small institution or small funds, let alone retail investors. This was definitely the work of a super main force.
And everyone at this time surprisingly unanimously guessed that this must be related to God K.
Even the short-selling forces were surprised, but at this time they were just surprised, and even thought that opening so high was looking for death. It would be better if it didn't open so high, and it would definitely be smashed by funds if it opened so high.
However, they did not realize the seriousness of the problem at all.
At the same time, there were still two minutes before the opening.
Fang Hong, who was in the trading hall, said to all the traders: "Listen carefully, the Xinzheng 50 Index must reach its peak in the first 20 minutes today. Ignore any technical indicators and use absolute bullish power to pull, hard pull, and violent pull to pull the 48 constituent stocks to the daily limit. The stabilization fund will use a huge amount of orders to directly block the daily limit price."
The people under him were stunned when they heard the big boss's words. All constituent stocks were pulled up by +20% to the daily limit. This is the rhythm of the Xinzheng 50 Index to the daily limit.
Fang Hong ignored the shocked expressions of the crowd and continued, "Today we are going to create history and set records, telling all the funds in the market that in this market, no matter how panicked or how much the market plummets, I can pull it up, and as long as I want, I can pull it up at any time, and it can be stabilized after it is pulled up."
Fang Hong's strategy of violently pulling up is to plant a spiritual imprint on all the players who come to play in this market. It is best to follow the guidance of the SGX market, rather than being its counterpart. Following it instead of fighting against it will make you eat meat, and the end of playing against it is to be pulled up and lose all your money.
As time passed, at 9 o'clock, the SGX market opened on time.
…
