It is one thing to introduce favorable policies, but it is another thing to directly use funds to rescue the market. www.biquge.info At present, Huaxia is striving for the recognition of the market economy status including the United States and the European Union, and if such a thing happens at this time, it is very likely to affect the certification of this status, so after thinking about it again and again, the leader did not immediately agree.

For the rescue of the stock market, the meeting finally decided to use policies to stabilize the current market, affect market confidence through the release of heavy news, and strive to stabilize the stock market above 4,000 points.

That's the bottom line.

On Saturday, a sensational announcement was made that the signing ceremony of the Asian Infrastructure Investment Bank Agreement will be held, which means that the construction of the "One Belt, One Road" work of strategic significance for China has been preliminarily completed.

On the same day, a news item published in the "Securities Journal" showed that the regulatory authorities were brewing a big move to save the market, among which the expected increase was to adjust the proportion of stamp duty, and it is currently "going through the process".

Also on this day, Bloomberg said that, according to people familiar with the matter, ChinaAMC's regulators are considering suspending the issuance of IPOs to stabilize the current market.

Some time ago, the market was good, and the regulatory authorities approved the issuance of many IPOs, including super IPOs with billions or even tens of billions of dollars, and these IPOs froze a lot of funds in the market once they were issued. At a time when liquidity is needed, the suspension of IPO issuance has to be said to be a very big positive.

Sunday's news was even more positive, and while most of them weren't officially verified, they all had a positive effect on the stock market, including:

According to sources, the funds for buying the stock market are ready, and the "pension" will officially enter the market in the next month, and it is expected that the funds entering the market will be as high as 1.3 trillion.

The central bank issued a document on this day to implement targeted "RRR cuts" for regional financial institutions to further support the development of the real economy and promote structural adjustment. The reserve requirement ratio will be reduced by 0.5 percentage points for the "three rural" and foreign-funded banks and state-owned banks that meet the standards, and the reserve requirement ratio for financial companies will be reduced by 0.3 percentage points.

At the same time, the benchmark interest rate for RMB deposits and loans will be lowered, with one-year loans reduced by 0.25 percentage points to 4.85%, one-year deposits reduced by 0.25 percentage points to 2%, and other corresponding deposits and loans adjusted accordingly.

Lowering the reserve requirement ratio and lowering interest rates at the same time is very rare in the history of central banks, and the government's determination to protect the market can be seen.

As soon as the news came out, some brokerages immediately said that reducing the deposit reserve ratio would release up to 700 billion liquidity, which would be a huge positive for the stock market.

And on the "culprit" financing plate that caused the sharp decline in the stock market, the relevant news did not stop:

The regulator said that it will curb over-the-counter capital allocation activities, curb capital allocation activities that violate the account real-name system, and resolutely crack down on market violations of laws and regulations.

At the same time, it said that the self-inspection of the external access to the information system has been completed, and the relevant report is being submitted, and the results are expected to be published in the near future.

In terms of margin financing and securities lending, an urgent notice was issued, requiring all securities firms to submit the latest financial data. The latest data on Friday showed that the total amount of margin financing and securities lending in the two cities has fallen to 2.12 trillion yuan, falling for the fifth consecutive day.

The umbrella trust said that there was no large-scale liquidation, but some positions were indeed liquidated because they did not pay the margin in time.

In short, the information from all sides is summarized together, which is to admit a general view in the market, that is, the tragic decline on Friday was indeed caused by the forced liquidation of the financing disk, but the decline in the financing disk has come to an end, and the decline has almost driven the financing disk out of the market, and the rest is the optimized capital structure, which will not fall again.

With so much good news released over the weekend, it can be said that everything is ready to open on Monday.

It can be said that in order to maintain the stability of the stock market, the management has done its best, and even the news of the "RRR cut", which is similar to a nuclear bomb, has also been released, but whether the market buys it or not depends on the performance of the market.

At the opening of the market on Monday, surrounded by many positive news, the index opened at 4,289 points, nearly 100 points higher than the previous day's 4,192 points.

However, this was only a temporary performance, and after a brief spike of 8 points to reach the highest point of the day at 4297 points, the index began to turn directly downwards and began to plunge again.

The Internet sector plummeted, the agriculture sector plummeted, the secondary IPO plummeted, and the financial stocks plummeted......

It's a mess.

The good only played a short-term positive role, but this time is too short, not even the time to finish smoking a cigarette, the market continues to go to the road of plummeting, and the various sectors have once again appeared a wave of crazy selling, especially in the small and medium-sized market capitalization plates, the stockholders are scrambling to flee for their lives, so that they will soon appear again in the stocks, and one after another, by the noon close there are hundreds of stocks have appeared to the limit.

The tailwinds did not work at all, and the market's confidence was close to collapsing.

4,200 points were lost, 4,100 points were lost, and by the time of the noon close, the index barely stayed above 4,000 points, but it was also in a precarious state. The broader market fell nearly 6% in one morning.

And on the index of small and medium-sized market capitalization, 3000 points are easily lost, and there is no suspense at all. The fall limit of hundreds of stocks is only one step away from the so-called "1,000-share fall limit".

The hour-long break passed quickly, and there was no major positive news in between. Even if there were, I'm afraid it won't play much of a role at this time.

In the afternoon, the market opened, and 4,000 points were broken in a blink of an eye, and the index officially entered the range of 3,000 points.

Within 20 minutes, not only 4,000 points were lost, but even 3,900 points were declared, and the decline expanded to 7%, and it looks like it will repeat everything last Friday. No, it's not just a repetition, but it's possible to set a new history, that is, not only stocks, but also indices can fall to the limit.

Once again, there was a 1,000-share fall limit, and in just half an hour after the afternoon resumption, more stock prices became a straight line.

This is a historical juncture, from last year to more than a month ago, the efforts of many shareholders from more than 2,000 points to 5,000 points have come to naught. It took only 13 trading days to fall from 5,000 to 4,000 points, and from more than 2,000 points to 5,000 points, it took more than half a year.

A drop below 4,000 points means that the concept of a stock market crash is officially formed in the minds of all traders.

In the face of such a situation, the management naturally cannot sit idly by, and their psychological goal is to protect the index above 4,000 points, which is an untouchable red line, and now it has been easily punctured under the siege of many positives.

Although it was still trading hours, the securities regulator had to make an urgent statement, and they issued an urgent notice on social media at around 2 o'clock in the afternoon, clarifying that the current proportion of forced liquidation of financing orders is very small, and it is not as serious as the market estimates.

This is news that rains in time.

The news has greatly boosted the confidence of the market, and many of them have realized that the current decline is just an irrational decline, especially for financial stocks, which are most closely related to them. Soon, financial stocks and bank stocks were pulled up by the huge amount of funds, and they were the first to turn red to lead the rising list, and the performance of several heavyweight stocks was even more prominent, leading the index to rise rapidly.

But in the small and medium-sized market capitalization stocks, this news is useless at all, except for some stocks because of the entry of bottom-buying funds and opened the fall limit, the vast majority of stocks are still in a state of falling limit, few people care.

The short period of reversal only allowed the index to regain its footing above 4,000 points, and then there was no longer any strength to go up. In the end, the index closed at 4053 points, down 139 points, or 3.34%, for the day. From the initial 7%, the range has narrowed to nearly 4%.

But unfortunately, the market once again saw a spectacular sight of 1,000 shares falling to the limit. The small and mid-cap index IC contract has once again seen a downward limit after the previous trading day. Although it was finally opened to the fall limit, it ended up with a decline of 9.25%.

……

"Cheers!"

After the closing was over, Zhou Changan waved his hand, and immediately a sweet-looking woman walked in with a tray, which was full of bubbling champagne. Zhou Changan took a cup, raised a slight gesture at Xu Fei and the others, and said, "Gentlemen, the work of the past two days has been too beautiful. It's a little bit of an authentic champagne from France. ”

"By the way, there's something for everyone!"

After taking a sip, Zhou Changan put down the champagne again and shouted to the other traders who were still busy, "Today's champagne is all on my head, everyone can enjoy it with confidence." By the way, they're yours too. ”

He clapped his hands gently, and the door of a conference room opened, and a group of women in cheongsams walked out with graceful steps, also holding trays full of champagne in their hands, and began to move through the hall like butterflies wearing flowers.

These women are all about 1.7 meters tall, and each of them is above average in appearance, and they must have a turn of heads when they walk on the street. What's even more amazing is that these women are quite outstanding, with straight breasts, round buttocks, thin shoulders, thin and narrow abdomen, snow-white straight long legs, and the trading hall is full of spring for a while.

"What's going on?"

Xu Fei was a little surprised, he didn't figure out when Zhou Changan actually hid such a Pink Red Army in his company, "What's the matter with them?" ”

"Commercial modeling!"

Zhou Changan smiled disapprerovingly, revealing an expression that only men understand, "I see that the brothers have been too tired lately, so I invite them to come and treat them." While making money, you also need to reconcile yin and yang, don't you? ”

"But I'm not fit for a party here!"

Xu Fei's face sank, and after glaring at Zhou Changan angrily, he said loudly to the audience, "Sorry girls, it's not time for a party." There's going to be a party tonight at nine o'clock on the eighteenth floor of the Weston Hotel, and we'll see you there, okay? ”

He was telling the girls to change places and have a party.

After listening to his words, although the women felt regretful in their hearts, but the master said this, they were helpless, and immediately put down what they were in hand and left in twos and threes.

"What's wrong?"

After being glared at for no reason, Zhou Changan didn't figure out what the situation was, and asked in a daze, "Is this going to drive them away?" Not done yet! ”

"I warn you, no outsiders are allowed here!"

Xu Fei grabbed Zhou Changan's shirt and said viciously, "This is our base camp and our base, if there is a similar situation, I won't talk about the face of my Heavenly King Laozi!" The operation here, even if it is revealed a little, we may not be able to eat and walk around, don't you understand this truth? ”

"Also, do you think you can make my employees look at this little bit of goodness?"

After letting go of his hand, Xu Fei touched Zhou Changan's chest and smoothed the wrinkles on his shirt, "Don't think that 4,000 points will come to an end, although the stock market can be said to have officially collapsed, but things are far from over, there are still tens of billions waiting for us to earn!" I don't think you're like me, you don't want any accidents to happen at this time, do you? (To be continued.) )