This is not a large amount, but the problem is that this is the second rate hike this year.

Two months ago, on March 18, when the first interest rate hike of the year was raised, the benchmark interest rate for deposits and loans was raised by a similar magnitude. At that time, on March 19, the day after the rate hike was announced, the stock market opened lower in early trading, and then a strong counterattack led by the banking sector, the stock index rose by 2.87%.

At that time, the news of the interest rate hike was obviously intended to use such control measures to cool down the hot stock market, but the interest rate hike constituted a greater positive for bank stocks, and the stock market rose instead of falling, and continued to rise driven by the banking sector.

Since the last interest rate hike, the Shanghai Composite Index has risen by more than 1,000 points, closing at 4,030.25 points at the end of the week.

After spending the weekend in restlessness, early Monday morning, as soon as Li Xin entered the office, Wang Minghui's phone call came: "Li Xin, have you read the news?

"I saw it over the weekend. Li Xin said.

"I didn't watch the news on the weekend, I just heard it downstairs. Do you think the stock market is going up or down today?" Wang Minghui asked hurriedly.

"I can't say for sure, but I feel that the bullish momentum in the market is strong right now. If you look at the interest rate hike two months ago, the stock market opened the next day with a gap and opened low, but by the end of the day, it had risen a lot. In the past two months of interest rate hikes, the Shanghai Composite Index has risen by more than 1,000 points, indicating that the bullish people in the market are still in the majority. I think this rate hike should fall a little, but not too much. ”

Li Xin persuaded Wang Minghui not to worry, but it was better to comfort himself, because his own heart is now up and down.

"Why do people think that the stock market is going to fall as soon as the interest rate is raised? What is the reason?" Wang Minghui asked.

Li Xin said: "To put it simply, money has the function of measuring the value of all other commodities, and it is a measure of value. The move to raise interest rates makes money more expensive, that is, the ruler that measures the value of all other commodities has become longer, so the value of these commodities has become smaller when using this longer ruler to measure other commodities. Stocks are also a commodity, and raising interest rates will theoretically cause the stock market to fall. ”

Wang Minghui said: "There is really a lot of knowledge here!"

Li Xin said: "It's not a profound knowledge, you just remember that as soon as the interest rate is raised, the money will be expensive, and the things that can be bought with money will naturally be cheap, it's as simple as that." ”

Wang Minghui said with a smile: "It's still easy to understand, and I understand it in one sentence." ”

After talking to Wang Minghui on the phone, Li Xin concentrated in front of the computer and waited for the opening of the market, Wang Minghui's worries have aggravated his worries in the past two days, and he is now a little worried that the western copper industry will fall sharply as soon as it opens.

He thought to himself: If that is the case, he is really a little caught off guard, he has millions of shares in his hand, and it is not easy to sell them all.

While he was thinking about what to do, the stock market opened. As soon as the market opened, the stock index fell sharply by 128 points, or nearly 3.1%.

This decline is much larger than the one that opened when the first rate hike was raised on March 19. "Damn! It fell by more than 100 points at the opening!" Li Xin was secretly a little frightened.

There was something even more surprising to him: Western Copper opened at 23.00 yuan, down 0.92 yuan, or 3.84%, which was larger than the decline at the opening on March 19.

At this price, the market value of the stocks in Li Xin's account has shrunk by more than 7.2 million yuan overnight compared with the previous trading day!

Such a sharp low opening confirmed Li Xin's worries in the past two days, he watched quietly, but his mind was quickly analyzing, in this case, you can't kill the fall, you might as well wait and see what kind of trend it will be in the afternoon before making a decision.

Before he could think about it, the phone rang again, and it was Wang Minghui who opened it: "The market has fallen so much, have you sold your stocks?" Wang Minghui asked.

"I haven't sold it yet, I'll wait a minute, see the trend in the afternoon, if it continues to fall in the afternoon, it's not too late to sell." Li Xin said.

"Damn, aren't you leaving? All the stocks in my hand have been sold during the call auction, so let's settle in my pocket, don't be happy and sad. Wang Minghui said.

Wang Minghui's words reminded Li Xin that he promised to help Xia Xiaona keep an eye on her stocks, and in a situation like today, she was worried, so she should be notified to sell her stocks.

So he hurriedly called Xia Xiaona: "The situation is a little bad today, so you should sell your stock." ”

Xia Xiaona said, "How much does it sell?

Li Xin said: "At the current price, sell them all." ”

Xia Xiaona asked, "Why is it so urgent?

Li Xin has a characteristic, that is, he has a strong sense of responsibility. The same thing, if it is his own business, even if he messes it up, he does not have to be responsible for others, then it is easy for him to convince himself that there will not be too much burden in his heart.

But if someone else tells him to do something wrong, he will have a great burden in his heart and feel sorry for others.

That's how it was to ask Xia Xiaona to sell the stock quickly.

He can wait and see what stocks in his own hands have, and even if they fall more in the afternoon, he doesn't have to bear any responsibility for others.

But if you don't tell Xia Xiaona at this time, the stock price will be lower in the afternoon, and Li Xin won't be able to worry about it.

So now when he saw Xia Xiaona asking this and that, he was a little anxious: "Where can I make this matter clear in one or two sentences, I'll take a look in the afternoon, don't follow me, sell it quickly." ”

Just when everyone thought that the stock market was going to fall sharply this time, the market stabilized shortly after opening sharply lower, and then gradually moved higher, driven by strong buying. For example, the exchange listed by Western Copper only continued to decline a little bit after the opening, only 9.37 points lower than the opening point, and then went all the way up.

After opening at a low of 23.00 yuan, Western Copper stopped its decline by falling to 22.90 yuan, and by about 10:30 a.m., the stock price had returned to near the closing price of the previous trading day.

Seeing this situation, Li Xin was also a little surprised, could it be like the situation when the first interest rate hike was raised? Then the market is too strong, and it can't fall after two interest rate hikes in a row?

Li Xin and Long Yunkai didn't go to the big room, Wang Minghui was alone there, and he sold all the stocks in his hand as soon as the market opened, and he felt very uncomfortable looking at the gradually rising index.

When the market closed in the morning, Wang Minghui, who was very depressed, called Li Xin again and said: "Alas! The market was sold too quickly at the beginning of the morning, and now it is rising again." ”

Li Xin said: "Yes, it feels a bit similar to the trend on March 19, after the opening fell sharply, many buyers took advantage of the low level to absorb. You see, the trading volume this morning is equivalent to 70-80% of the trading volume of the whole day last Friday, and if the volume continues to increase in the afternoon, I think it will be difficult to fall. ”

Wang Minghui said dejectedly: "Damn! I feel like I was washed out of the dishes!"

Li Xin said: "I see that you are really empty, hurry up and buy it back." ”

Wang Minghui said: "I'll wait for the afternoon to see, I won't believe it, why should I buy it at a price lower than what I sell, otherwise I won't be wronged." ”

Li Xin smiled: "Don't worry about this, what if the price is higher and higher?"

Wang Minghui said: "No matter, then it means that it is not mine." ”

Li Xin said: "Hehe, you can figure it out." ”

Speaking of this, Li Xin suddenly remembered that he asked Xia Xiaona to sell stocks in the morning, he looked at his watch, it was just time to eat after work, so he hurriedly went downstairs to find Xia Xiaona.

As soon as Xia Xiaona saw Li Xin coming in, she happily said to him: "I didn't expect this stock to rise so high, guess how much I earned?"

Li Xin now felt that it was a bit too hasty to let her sell the stock in the morning, and he came to ask Xia Xiaona to buy the stock back. But seeing Xia Xiaona's happy appearance, he hesitated a little: although it seems that there is still room for growth in the market outlook, what will happen in the actual situation, and he doesn't dare to pack a ticket. If it falls in the future, won't it make her happy?

So he swallowed back the words that had come to his lips and asked, "How much do you earn?"

Xia Xiaona said: "I earned more than 250,000 yuan!"

Li Xin said: "Yes, it's good if you're satisfied." ”

Xia Xiaona asked strangely, "Why are you weird, as if you are not satisfied?"

Li Xin smiled: "What am I not satisfied with, it's too late for me to be happy for you when you make money, then I'll go." ”

Xia Xiaona realized that she was only happy, and before she asked Li Xin what was the matter with her, she said, "Eh, there must be something wrong with you running down, why don't you leave without saying anything?"

Li Xin said perfunctorily: "It's nothing, just pass by and come in to have a look." ”

Xia Xiaona said, "I'll invite you to dinner at noon, even if it's thank you." ”

Li Xin said: "We don't need to be so polite, I have something to do at noon, let's talk about it later." ”

With that, he turned and left.

In fact, Li Xin didn't have anything else to do at noon, he was afraid that going out to dinner with Xia Xiaona would delay too much time, and the stock market would open at one o'clock at noon, and it would be troublesome if he wasn't there if there were any unexpected changes on the market.

At this time, he didn't have much appetite, so he went downstairs to the company cafeteria to have a quick bite to eat, and then went back to the office to wait for the stock market to open.

The stock market did not repeat in the afternoon, and by 14:40 in the afternoon, the index not only recovered the losses of the morning, but also rose by more than 20 points. By the end of the day, the index was 4,072.22 points, up 41.97 points, or 1.04 percent, from last Friday, and the trading volume reached a staggering 209.6 billion yuan, an increase of 34.5 billion yuan from last Friday.

The increase of 34.5 billion yuan alone is more than the turnover in one day during the downturn in the stock market last year, and the market is showing a situation of thousands of bulls.