Chapter 167: A Big Joke

November 28 is the last trading day of the month.

On the morning of this day, Chen Qiaoshan completed the construction of the warehouse and held SDIC Power in full.

590,000 yuan, a total of 660 shares of SDIC Power.

In the domestic stock market, there is a minimum requirement to buy stocks, and the minimum order to buy one lot is a total of 100 shares.

There is no restriction on selling, and you can get loose shares when you encounter such as allotment of shares, ex-rights, dividends and gifts, etc., so the implementation is to buy and sell at all.

Of course, there are exceptions, when subscribing for new shares, each order buys at least 1,000 shares in Shanghai and 500 shares in Shenzhen.

With the stock in hand, Chen Qiaoshan's heart also rose.

Coincidentally, on the 28th, the Shanghai Composite Index plummeted by 57 points.

Ten years later, this is the normal daily rise and fall range, but in 03, the broader market has fallen by more than 4%, and the Shanghai Composite Index has hit the lowest point of the year at 1307 points.

At the beginning of 03, the Shanghai Composite Index hovered around 1350 points, and jumped to 1650 points in the middle of the year, with ups and downs in the middle.

After a year of hard work, one day back to before liberation.

No one expected that the Shanghai Composite Index would hit a new annual low at the end of the year, and the market would suddenly turn green.

SDIC Power was inevitably affected by the broader market, and its share price fell 1.7% during the trading day.

Chen Qiaoshan's heart was up and down, seeing that if he did it again, he would almost have to make a margin call.

The deposit will definitely not be able to be taken out, so you can only find a way from somewhere else.

Chen Qiaoshan is a little worried, but the situation is still under control, the next two days are weekends, the stock market is closed, so there is still a buffer room.

There was no movement on Saturday, and on Sunday, the article that Chen Qiaoshan painstakingly wrote appeared on the page of Sohu Finance.

At the beginning of the article, Chen Qiaoshan naturally scolded Huai again, and squeezed Li Suhao.

Next, the problem of SDIC Power's annual report was poked out.

Since proposing a bet with Li Su, many netizens who don't know the truth have been waiting to see the excitement.

There's no way, who let Chen Qiaoshan love to toss, bombard this and bombard that, this time he even got Chang'an Street naked out, thinking that he must have found the target in advance.

Many people guessed the beginning, but the end surprised them.

There is a problem with SDIC Power's annual report, and the problem is not that the data is falsified, nor is it involved in related party transactions, which is a bit interesting.

It is very clear in the article that the loss disclosed in the 02 financial report of SDIC Power is the revenue situation of Xinghua in Hubei Province that has been replaced, and SDIC Power is only a backdoor listing, and by the way it inherited the original debt.

The financial loss in the first half of 03 is due to the new power policy, which is a policy loss.

Due to the performance loss disclosed in the annual report, the stock price of SDIC Power is still at the level of Xinghua in Hubei Province, which does not match the valuation of existing assets at all.

When many people see this, they inevitably have doubts in their hearts, Peking University Qiaoshan's style suddenly changed this time, and he did not bombard listed companies for fraud, but changed it to annual report analysis.

But if you continue to look down, many people will be even more incomprehensible.

In the second half of this article, Li Su is not mentioned, and individual stocks are not discussed, and it has completely become an analysis of the economic situation.

Many people wonder, what is there to analyze this, the economy is weak, the stock market is sluggish, it couldn't be clearer.

Now it's a bear market, and the stock market gods of the past have disappeared.

Occasionally, one or two jumped out and pointed fingers, but they were all shy and timid, and they were all talking, and after listening to it a lot, they could see through it, anyway, there was no real word.

Chen Qiaoshan's article is different, there is not a single ambiguous sentence.

In the middle of the year, due to the downturn, the government introduced a stock market stimulus plan to open the entry of over-the-counter funds, and a large number of experts jumped out at that time, vowing that the stock market would be out of the predicament in the second half of the year.

Stimulated by this, the market quickly became popular, and the Shanghai Composite Index climbed rapidly from about 1,400 to nearly 1,700 in just a few days.

Many people sighed again and again, this is another wave of "5.19" remake.

It's a pity that this wave of market lasted too short, and then there were continuous shocks, which made retail investors who originally wanted to take the opportunity to turn over suffer heavy losses.

Since then, those so-called economic experts, who have a little fame, have never come forward.

Everyone knows that Qiao Shan of Peking University is just a student, but his name is not small, and it feels a little strange that he dares to stand out at such a moment.

Seeing the content of the article, many people have a very strange feeling.

Chen Qiaoshan pointed out in the article that the story stimulus policy introduced in the middle of the year is good for the stock market, but it is impossible to show it in the first time.

He bluntly pointed out that in the past, those experts had not made proper predictions, that economic operation had its own unique laws, and that securities investment had to take into account the market environment.

It is impossible for A-shares to introduce over-the-counter capital into the market, and it is impossible to achieve immediate results.

Overseas open-end funds that have been approved for admission are willing to have an adaptation period to the domestic market mechanism, and the choice of the timing of entering the market must be prudent.

Chen Qiaoshan directly gave his prediction: after half a year of brewing, the dividends of the economic stimulus policy are likely to appear in the near future.

The article writes that after the 97 financial crisis, after more than five years of economic regulation and control policies, the domestic macro economy may have shaken off the shadow of economic contraction, entered a new round of upward period, and is expected to reach a peak within two years.

Based on the above situation, it is not difficult to conclude that the stock market is likely to have bottomed out today.

Affected by this, open-end funds that have been waiting for a long time are very likely to enter the market in the near future, and a large amount of funds may be injected into the A-share market in the near future.

The article points out that although these open-end funds are institutional investors, their influence on the market may not be apparent soon, but their guiding role in the market is undoubted.

If the fund really enters, it is very likely to seize the opportunity, and this bear market may not pass in a short time, but a wave of upward market is definitely doomed.

……

Seeing this, many people muttered, Beida Qiaoshan really dared to say it as always.

Many people slander in their hearts, there is no conclusive evidence at all, just relying on the domestic economic environment, dare to come out to predict the stock market, this person is too confident.

It's a bit inappropriate to say that, I should say it's too arrogant.

What makes people speechless is that the article does not end here.

The article speculates that overseas investment institutions have their own inherent investment models.

These new institutional investors are good at long-term investment and focus on long-term holding.

Therefore, they generally choose blue-chip stocks with large market capitalization, low price-earnings ratios, high dividends, and stable performance to hold, and often choose leading companies with low valuations.

Based on this, it is inferred that the market will have a short-term upward trend in the next six months, and the blue chips with the largest weight in the above five industries will drive this wave of market.

The article even gives a direct prediction.

Chen Qiaoshan asserted in the article that Qilu Petrochemical and Wuhan Iron and Steel Co., Ltd. are representatives of blue chip stocks, and they are likely to be the targets of fund selection, and these two stocks are likely to outperform the market in the future.

At the end of the article, Chen Qiaoshan turned to the power industry.

Due to the impact of the Asian financial crisis, the state has introduced measures to "reduce production capacity", and the construction of power facilities has borne the brunt.

After the Asian financial crisis, economic contraction led to an oversupply of electricity, which directly gave birth to the "no power plant for three years" policy.

Due to the joining of TO, coupled with the sudden start of infrastructure investment and real estate investment, the power shortage is serious.

Therefore, Chen Qiaoshan concluded that the power industry will inevitably become a new industrial hotspot in the future, and undervalued power companies will also be sought after by the market.

In the end, Chen Qiaoshan did not talk about the macro economic situation anymore, but instead engaged in stock commentary.

He directly gave a prediction of the current stock market trend: the market has bottomed out, and there will definitely be a wave of rebound at the end of the year, and the increase is expected to exceed 10%.

This article is the end, leaving people with infinite reverie.

Many people have read this article, but most of them don't care.

In their minds, the article is a joke.

Chen Qiaoshan's previous turmoil was quite big, but it did not involve the macroeconomic situation, whether it was Hops, Delong or Southern Securities, they were all single listed companies, even if there were problems, they could not be related to the macro economy.

But in this article, the economic trend in recent years is used as evidence, and even the actual economic trend is given.

Among the people who have read the article, most of them hope that what Chen Qiaoshan said is true, but reason tells them that this prediction is too child's play.

Chen Qiaoshan's identity as a student is not a secret, even economic experts can't accurately predict the economic trend, what a student can do, even if he is from Peking University, no one cares.

As soon as this article was released by Sohu Finance, Li Su immediately learned the news, he read Chen Qiaoshan's article carefully, and couldn't help but sneer secretly in his heart, this is really a big joke!

He couldn't help but sigh in his heart, the opponent is still too young, and the stock market is something that you can predict as a student? And the domestic economic situation, who told you that you have come out of the shadow of deflation? If you want to be famous, you have to find a more reliable way, right?

Li Su secretly wondered if he should do something.