Chapter 171: Shock

The fund entered at a low point, increased its holdings of large-cap blue chips such as steel and energy, and led the rise by the "Five Golden Flowers", which were originally expected by Chen Qiaoshan, but the timing was a bit coincidental, which also allowed his plan to continue to be implemented.

Capital markets are always realistic and short-sighted.

The CSRC's statement yesterday led to a panic plunge in the domestic stock market, which was actually a stress reaction of the broader market and completely irrational.

The statement of the China Securities Regulatory Commission seems to be meaningless, and there is no exact point, but it is linked to the news that Southern Securities was administratively custodial, and the meaning is self-evident: the object of strict supervision is the major securities firms, the purpose is to reduce illegal operations such as misappropriation of customer margins, and protect the interests of small and medium-sized investors.

Fundamentally speaking, the purpose of the CSRC is to promote the healthy development of the capital market, but the market does not appreciate it, and there is a diametrically opposite result.

Chen Qiaoshan knows that this is actually the "herd effect" again.

The main culprit of this plunge is actually the brokerage, and today's securities market is seriously lagging behind in supervision, and violations of laws and regulations are emerging in an endless stream.

Many brokerages even directly enter the secondary market to participate in the stock market, and Southern Securities is the most typical example.

The news of strict supervision by the China Securities Regulatory Commission was released, and the brokerage companies naturally changed their voices.

Today's brokers, there are very few clean ones under the buttocks, otherwise they would not have been shut down in 04, and more than half of the brokerages were punished.

Chen Qiaoshan knew that the China Securities Regulatory Commission must have come to Zhenge this time.

Tianyi Securities is in the list of brokerages that have been shut down, thinking of this, he can't help but secretly remind himself that when the matter of SDIC Power is over, it is better to withdraw as soon as possible.

To be honest, SDIC Power's price limit caught Chen Qiaoshan by surprise.

Although SDIC Power is a power company, it is only a second-tier blue chip, and the skyrocketing price is certainly not the reason for the fund's participation.

Chen Qiaoshan didn't think about it anymore, he directly opened the morning trend chart of SDIC Power, and after a few glances, he saw the problem.

The opening was very stable, but a large number of buy orders suddenly poured in during the session, and the stock price was pulled up in a straight line, and finally the limit was raised.

Chen Qiaoshan knows that this is not a method of speculation by the bookmakers, they will not be so eager to build a position, coupled with the current market situation, it is estimated that no one dares to sit in the bank at this time.

China's stock market in 03 was a year of adjustment and turmoil.

Stocks are gradually declining, and institutional investors are gradually grasping the right to speak.

The fact that the dealer was blown up is endless, and it is precisely in view of this that the domestic stock market has bid farewell to the era of the bookmaker's barbaric banking.

Thinking of this, Chen Qiaoshan gradually had a vague idea in his heart.

He wanted to find the article he posted a few days ago, but he found that the prediction article was actually hung on the homepage of the financial channel again.

Chen Qiaoshan did not hesitate, and clicked in directly, as expected, the comment area was already very lively.

He knew that due to the accurate prediction of the fund's entry, the role of the stock market magic stick appeared, and this was the sudden rise and fall of SDIC Power.

Chen Qiaoshan breathed a sigh of relief, he didn't expect that he would get things done in the end.

According to the original history, 1307 points was originally the lowest point of the Shanghai Composite Index this year.

Chen Qiaoshan was originally full of confidence and took advantage of the low point to enter the market, thinking that the risk had been minimized, but he did not expect that the Securities Regulatory Commission suddenly came out, so that he was almost forced to liquidate.

He couldn't help but be a little vigilant, he could get away with it this time, but it may not be next time.

The prediction in that article has been fulfilled half of it so far, the fund has entered, the blue chips have led the rise, and the rest is basically foreseeable, there are large blue chip stocks in the market, and it is difficult for the market to rise.

Chen Qiaoshan knows in his heart that this round of gains led by the "Five Golden Flowers" will not stop in a short period of time, and will directly push the Shanghai Composite Index to a high of 1,700 points.

In the week of the release of the document, the market situation took a sharp turn for the worse, and the pace fell for a whole year, until it fell below the 1,000-point mark, and China's securities market has since entered a cold winter, and a large number of securities companies are on the verge of bankruptcy.

And the urging of the new policy is called the "National Nine Articles", which was introduced at the end of January 04, less than two months ago.

Chen Qiaoshan knows that this period of time is the only bullish moment in the bear market, and he must grasp it.

The market soared by 40% in less than two months, and was cut in half in the next few months, soaring and plummeting in a short period of time, which is why the domestic stock market can be so crazy.

In the original trajectory, SDIC Power finally stood out, from an undervalued supporting role, to a strong stock that outperformed the market, and in less than two months, the stock price directly doubled.

Chen Qiaoshan pondered that he had put SDIC Power on the right track in advance, and now that he had passed the risk period of capital allocation, should he keep a low profile, try to interfere as little as possible in the later matters, and get the income in his hands safely and steadily.

The idea is good, but the reality always makes people helpless.

On December 3, a piece of financial news inadvertently broke into the public's sight, and the Shanghai Stock Exchange issued an announcement that hops were specially treated.

The so-called special treatment refers to the abnormal situation of the listed company, and the stock may be delisted, and the exchange will issue a risk warning to it.

After more than two months, the hops thing was finally settled.

Because the incident was detonated in advance, the person responsible for the hops that had evaporated in the world was controlled by the police, and the matter was quickly sorted out.

On December 6, Guilin's tourism plummeted, and the news of the broken capital chain of Qingtai Trust, which was suspected of "sitting in the bank", spread far and wide.

The reason why this news attracts attention is because of the rumors in the rivers and lakes that there is a shadow of Delong behind Qingtai Trust, and the news has spread with noses and eyes, and many people are convinced, the reason is very simple, a partner of Qingtai Trust was originally the core person of Delong, and Tang Wanxin had a close relationship.

Subsequently, Jinxin Trust, New Century Financial Leasing, and Xiamen United Trust, which are under the Delong system, successively reported the problem of fund redemption, and the problems of the Delong capital chain were exposed.

Immediately afterwards, the stock price of Delong's listed companies fluctuated slightly, and the crisis was imminent.

At the same time, this wave of structural bull market led by the "Five Golden Flowers" is climbing over hurdles according to the original path.

Thanks to Chen Qiaoshan's accurate prediction, SDIC Power has become the focus of the market, and in just one week, the stock price has risen by more than 30%, becoming the biggest dark horse among the second-tier blue chips in this wave of market.

Chen Qiaoshan was a little excited and a little worried.

SDIC Power has a strong trend, and there will definitely be no big fluctuations in the short term, and the short-term gains are already considerable.

If Tang Wanxin does not raise enough funds within a week, his credit will surely collapse, and there will definitely be a large-scale run on his financial industry.

Putting aside the mass incidents for the time being, there are still nine listed companies under the Delong system, and the total market value is also extraordinary, once it collapses, it will definitely cause a chain reaction.

Chen Qiaoshan is not unfounded, in September, the hops problem was detonated, and the stocks of the northern Xinjiang system plunged sharply.

Compared with hops, Delong Group is undoubtedly a behemoth, and if the old three stocks collapse, the impact on the market can be imagined.

Chen Qiaoshan has deeper concerns, and the problem of Delong must have attracted the attention of the China Securities Regulatory Commission.

If there is a problem in the Delong system, it will definitely cause a large shock in the market, and many people will definitely not want to see this situation.

After all, the stock market stimulus measures implemented in the middle of the year have finally taken effect, and they have not yet enjoyed the dividends brought by it, and they will definitely find a way to keep the rising situation.

The outlook is uncertain, and the momentum of this wave of blue-chip stocks may stop at some point, and Chen Qiaoshan's worries have deepened a little.

After thinking about it for a long time, he paid attention and lowered his original expectations.

To be content, it is impossible to eat a fat man in one bite.

has been caught off guard by the CSRC once, Chen Qiaoshan doesn't want to try again, who knows if those officials will have a hot brain and suddenly come to an inexplicable economic stimulus policy.