Chapter 884 [Ups and Downs]

As for Big A, Fang Hong doesn't care whether he stays at 3,000 points forever, nor does he care about how much money he gets.

The situation here is very complicated and the water is very deep, but as long as it does not hinder the strategic layout of the independent valuation system of the galaxies, this matter is particularly important. As long as it does not affect this matter, Fang Hong will not go against them. of.

Everyone goes his own way, and no one blocks anyone else's way.

As the time approached in the evening, the Securities Depository and Clearing Co., Ltd. issued the "Notice on Strengthening Relevant Measures for Corporate Bond Repurchase Risk Management", suspending the acceptance of new corporate bond repurchase fund applications.

However, this news did not attract the attention of investors. Now a large number of investors are immersed in the joy of the bull market and making money, especially the novices who have entered the market in the past half month and won all the way, and they will not pay attention to these things.

There are still a lot of people who are short-term and want to enter the market or add positions.

…

The next day, Tuesday, December 9th.

The A-share market opened today. Affected by the news last night, the Shanghai stock index opened at a call auction of -0.92% at 2992.49 points this morning. It quickly dropped to -1.52% within one minute of the opening and then began to rebound. After that, it showed a steady upward trend. .

Trading volume has further increased, and off-market funds are also running into the market. Everything looks very normal. This is the trend that a bull market should have.

Subsequently, the economic data for November was also released. The CPI indicator increased by +1.4% year-on-year, and the PPI indicator decreased by 2.7% year-on-year. The data showed that the economy was slowing down, but the impact on the A-share market did not seem to be large. OTC funds continued to After entering the market, the market index has been steadily pushing up, regardless of the negative impact of the news.

As time passed, the market index once reached 3091 points in the afternoon, reaching a new high in the past four years, with an increase of more than +2%.

But just when everyone was in the atmosphere of soaring prices and making money traveling abroad, around 13:30 in the afternoon, the market trend suddenly changed and began to stage a "roller coaster" market.

The Shanghai Stock Exchange Index suddenly turned around and dived, which directly stunned all the bulls.

The market index was leaking wildly, and it was impossible to stop it. The Shanghai Stock Exchange Index plunged rapidly downwards and successively fell below the two major integer marks of 3,000 points and 2,900 points. The intraday decline exceeded 200 points, and it was still falling further.

Especially in the last half hour of late trading, there was no counterattack, and the stock market continued to vent wildly. The maximum intraday drop of the Shanghai Stock Exchange Index exceeded 6 percentage points, the largest single-day drop in more than five years.

In addition, the Shenzhen Component Index also turned from rising to falling, with a sharp amplitude of nearly 9% in the two cities, and more than 200 stocks fell to the limit. Among them, the share price of Quantitative Capital also fell to 300.20 yuan, sealing the lower limit, and the market value fell back to 419.6 billion yuan.

Huatai Zhengguan, the popular leading stock of the brokerage next door, once broke out in the market today, and those who tried to relay this stock were stunned.

As of the close, all three major stock indexes had long upper shadow lines and fell across the board. The Shanghai Composite Index plummeted -5.43% after the market closed, closing at 2856.27 points; the Shenzhen Component Index plummeted -4.15%, closing at 10116.49 points; the ChiNext Index plummeted -3.99%, It closed at 1504.62 points.

Along with the huge fluctuations in the stock index, the trading volume of the Shanghai and Shenzhen stock markets surged to sky-high levels today. For the third consecutive day, the trading volume exceeded one trillion yuan. The Shanghai stock market's turnover was 793.4 billion yuan, and the Shenzhen stock market's turnover was 473.1 billion yuan. , the two cities once again set a new record for the largest single-day transaction volume in the history of A-shares with a total volume of 1.2665 billion yuan.

The transaction record just set the day before yesterday was broken today.

The plummeting market also made today's stock investors wail everywhere, especially the empty funds that ran into the market. They rushed in screaming in the morning. As a result, this big negative line poured down, giving them a blow to the head of their dream of making money in the bull market. Confused.

…

At around 15:10 in the afternoon, Fang Hong was sitting on the sofa in the leisure area, staring at the special stock market news on the financial channel that was being broadcast on TV. The scene at the moment was a street interview by the reporter in front.

A reporter in the camera said to the camera: "... After continuous rises, the Shanghai and Shenzhen stock markets experienced a comprehensive plunge today, with the Shanghai Stock Index diving +5.43%, the largest single-day decline in more than five years. Analysts believe that bonds The market's leverage reduction directly triggered a plunge, which in turn led to the passive liquidation of financing funds, more short-term profit orders, and greater market selling pressure. Next, we interviewed some stockholders on the street to hear their views on the market..."

The camera followed the reporter as he moved forward. He soon found a passerby, but the other person did not trade in stocks, but he soon found Mr. Zhang, a stock investor.

After the reporter inquired, Mr. Zhang said with a look of reluctance: "How strong your little heart must be after this day. My stock almost hit the daily limit in the morning, but fell in the afternoon. Alas, I didn't have time to run. Ah. I told my wife in the morning that the whole family would travel to Phuket during the Chinese New Year, but in the afternoon I fell so hard that I had to race against the sun in the sports park."

It turns out that Mr. Zhang bought Zhonglian Heavy Industry Co., Ltd. at a price of less than 5 yuan some time ago. After the opening of the market this morning, the stock price soared. At around 10 o'clock in the morning, it reached the highest price of 6.57 yuan, an increase of +7.55%. Mr. Zhang’s cumulative profit from holding positions exceeded 30 percentage points.

This made him feel very good, and he also thought that after making this deal, he would have made enough money for the "Phuket Island Tour" promised to his wife for the family of three.

Unexpectedly, the stock plummeted after the market closed this afternoon, reaching as low as 5.8 yuan. It rose 7 points in the morning and fell 5 points in the afternoon. It rose by 12 percentage points in one day.

The cooked duck flew away. Looking at the green screen, Mr. Zhang regretted not selling it in the morning.

The reporter next to him smiled awkwardly but elegantly. After the interview, the reporter faced the camera and said, "Let's interview other stock investors to see what they think of today's market."

The reporter came to the sales department of a nearby securities firm. Under the camera, most of the stock investors looked gloomy, and from time to time they heard sighs from the crowd such as "What a terrible fall" and "Ignore me, I'm annoying."

Soon, the reporter found an old stock investor who looked to be sixty years old. When he was interviewed, he said angrily: "This time the stock market went from skyrocketing to falling. I didn't make a penny, but lost money." . In the past, there was a full position on the GEM and a short position on the main board. Today, I just transferred my position to the main board, and the result was that I was full of positions and was trapped."

The investor also told reporters that Galaxy Investment, which he bought in the morning, plummeted at the opening. In the end, the stock fell to the limit, and he lost more than 7,000 yuan on this stock alone. In addition, he also bought Wanfang Development, and continued to invest in it in the afternoon. It fell during the shock and even closed at the limit. This stock lost more than 8,000 yuan.

After the interview with this man was over, the reporter found another woman named Yang, and after chatting for a while, he learned that she was a new investor.

At this moment, the female stock investor complained: "The market's plunge of more than 250 points in the afternoon made many people tremble with fear. I have never seen such a situation. I have seen it every day since I entered the market half a month ago. The stock market is all bright red, I'm almost used to it, it turns out that it can turn around so fast."

Ms. Yang still has two positions, which have now fallen below the low point when she bought them. Because she didn’t buy much and the stock price was low, she felt relatively calm. When chatting with reporters, she said she wanted to buy it immediately. Learn from veteran investors how to read support point charts, and at the same time look for suitable opportunities to cover positions appropriately when encountering turning points.

…