Chapter 963 [Gradually moving towards a fanatical market]

In terms of individual stocks, Toutiao was promoted to the overall popularity leader in the two cities.

The stock opened higher by +2.37% in the call auction in the morning, and fell to -4.28% at the opening. Then it rose again and turned red. At around 11 o'clock, the stock price rose to 37.58 yuan and hit a new record high. The increase of +10.01% sealed the daily limit and went out. After 23 consecutive trading days, the market value soared to 46.9 billion yuan.

The trading volume of Toutiao today has shrunk compared to yesterday, with a total of about 2.9 billion traded today.

This trend has also shocked investors from all walks of life. The vast majority of people sincerely believe that this stock is not worth so much money. There may be room for growth in the future, but there are too many uncertainties in the future. No one I can guarantee that Toutiao will stand out from the crowd.

However, if you can't stand it, it just keeps hitting the daily limit. You think it's irritating...

As soon as the Dragon and Tiger ranking data came out in the afternoon, Toutiao was on the list again.

Everyone found that Zuiyui, which entered the market yesterday, sold half of it today. The estimated selling point of the Dragon Tiger List was sold at about +7%.

Investors feel that if the vote is hung tomorrow, it should be the end.

Today's Dragon and Tiger List data shows that big funds as a whole showed a net selling trend. Hot money bosses "followed the trend" and sold more than 77 million. Three institutions sold, and only one institution bought.

Tomorrow is Friday again, and everyone is worried that there may be supervision in the village over the weekend. After all, the price rise is too crazy.

Retail investors do not have a God's perspective, nor are they the main force in operating this stock, nor do they know that the market behind this stock has been clearly arranged for a long time, so they can only rely on their limited knowledge and access to limited information. To judge, including many hot money participating in the relay.

Just when everyone thought the market was about to close on Friday, when the market opened on Friday, April 10, Toutiao’s trend once again surprised many investors.

This ticket opened +3.79% higher. After the opening, it went up without any backlash. It only took 26 minutes to seal the daily limit, completing the price limit within the first half hour of the opening.

Not only has it not weakened, it has become stronger and stronger.

When this board came out, it was the 24th consecutive daily limit board and the third consecutive board that changed hands.

Toutiao's share price has also reached a record high of 41.34 yuan, and its market value has soared to 52 billion. The cumulative increase since the resumption of trading has reached +1191.87%. Everyone thought the market would be broken today, but unexpectedly, not only was there no break today, but it was also a stronger daily limit-shrinking market, with the trading volume further shrinking to about 1.6 billion throughout the day.

Moreover, some gossips in the hot money group spread that the hot money boss who ran away yesterday "went with the flow" not only did not run away today, but actually took it back and bought another 100 million or so. He was the main seal today.

Such a trend makes short-term traders dumbfounded, and those who sold for the first time are now regretting it, thinking that they should have waited one more day if they had known better, since they had such a huge profit margin anyway.

For those who don’t have a profit cushion, they are less and less afraid to follow the trend as it goes up, and they have no profit cushion and no first-mover advantage. Everyone agrees that the bubble has reached the sky and may collapse at any time. There is no first-mover advantage in the T+1 market. Once there is a flash crash, you can only stare and be unable to move at all.

The performance of the index is also very impressive today, with trading volume continuing to maintain a trillion level. The Shanghai Stock Index opened lower in the morning and moved higher, and then fluctuated higher and hit a record high.

As of the close, the Shanghai Stock Exchange Index rose sharply by +1.94% to close at 4034.31 points, achieving a new high for anti-contracting. This is a new high since March 13, 2008.

When investors looked back, they found that before they knew it, during the second segment of the main Shenglang Index-level market, the Shanghai Composite Index had also risen by 31 percentage points. Even if they bought an index, they could still make a lot of money during this period.

Some novice investors who are new to the market also say that it is so fragrant. The money in this stock market is so profitable that you can make money by buying whatever you want.

In the current bull market, the business of the brokerage sales department is also very good. A large number of people open accounts every day, and OTC funds are continuously entering the stock market.

…

In the following week, the A-share market continued to surge northward.

On Monday, April 13, the Shanghai Stock Exchange Index jumped short and opened higher, rising +2.17% that day to 4121.71 points.

It closed up +0.34% on Tuesday and retreated -1.24% on Wednesday. On Thursday, the two major A cities opened lower and moved higher. The Shanghai Stock Index achieved a strong counter-package and hit a new record high. It rose +2.71% that day and closed at 4194.82 points. The closing price was the full The highest price in the day.

Then on the last trading day of the week, the A-share market opened higher again. The Shanghai Stock Index closed up +2.20% to 4287.30 points. The trading volume on that day also set a new record for the largest single-day trading in history. Reaching an astonishing 1.73 trillion.

The transaction volume of the Shanghai stock market alone once approached the trillion mark. Such a bull market and such a terrifying volume of transactions made many old investors who experienced the bull market in 2006 and 2007 dumbfounded.

This is the 23rd consecutive trading day that A-shares have maintained a trading volume above RMB 1 trillion, and are still setting records for single-day trading scale. Such a terrifying amount of energy can have such outrageous sustainability, which makes everyone excited. Shocked.

Of course, there is more fanaticism.

More and more people are showing off their stock market returns, and more and more people are excited to see people showing off their stock market returns. More and more people are rushing to open accounts in the sales departments of securities firms, and more and more people are beginning to participate in the market. External funding.

There is only one thought in their minds. The current stock market is undergoing an epic bull market. There are opportunities to pick up money everywhere. You can pick up money as long as you bend down. You must seize this once-in-a-lifetime bull market and get on the bus quickly. Get a big deal, own a RV, and get rich right before your eyes.

The number of new account openings is rising day by day, more off-market funds are pouring in, and those who have missed the market are running into the market.

…

Jingxinju Villa, in the trading room on the second floor.

"Tsk, tsk, tsk..." Fang Hong was alone in the trading room. He looked at the computer in front of him. The screen displayed the handicap data of the Shanghai Stock Exchange Index. Looking at the recent transaction data, he couldn't help but sigh in his heart: "Even if I am reborn again, After experiencing it, I still feel extremely shocked when I am in it..."

The daily trading volume exceeds one trillion and continues to set new records. The OTC liquidity is so abundant that it is almost overflowing, and the money is almost as abundant as Happy Beans.

The current general trend, good stocks and miscellaneous stocks are all rising.

At the moment, Fang Hong has no instructions to deliberately suppress the stocks of Qunxingxing, because it is simply impossible to suppress them, or in other words, if he suppresses them forcefully, he will be shorted by the market trend.

Now all the stocks are going up, and the listed companies in the Galaxy are also going up. Incremental funds are still pouring into the stock market in record numbers. You can have the funds to support whatever you sell.

Unless, there is a situation, that is, Fang Hong jumps out and sings the empty words.

But now that the atmosphere is so frenzied, God K doesn’t dare to speak out. This time he can only choose to shut up, because when the time comes, the blame for the stock market crash will be thrown away, and it will be said that it was you, Fang Hong, who caused the collapse of market sentiment. Stock market crash.

Good guy, this is a heavenly pot. K God has to say that he can’t carry it, let alone dare not carry it.

The subsequent stock market crash will evaporate more than 20 trillion in wealth. Twenty years of wealth accumulation of thousands of people will be wiped out in a matter of days, and Fang Hong does not dare to mess with it.

Therefore, silence is golden, don’t try to show off at this time.

Wait for the call for bailout to come, and then answer the call.

…