Chapter 521: Back to 3000 Points 4
readx;?“ By the way, what else do we have to do today for tomorrow? ”
After being silent for a long time, Zhou Changan's mind became active again, and he couldn't help but ask Xu Fei, "The lethality of the news released over the weekend is too great, and now investors are afraid that they have become frightened birds, and they will be scared half to death at the slightest disturbance." Pen & Fun & Pavilion www.biquge.info hahaha......"
As he spoke, he burst out laughing triumphantly.
"Don't worry, naturally take advantage of this time to add another handful of firewood to make this fire burn a little more intense!"
Xu Fei, who was also proud, also laughed, "At noon, I took the time to take a look at the performance of the capital market in the entire Asia-Pacific region, which can be described as miserable. Not only Hong Kong, but also Taiwan, Japan and South Korea's stock markets are in the red. They have also been affected by the Chinese stock market. Among them, the Taiwan side also announced their policy of bailing out the market. ”
"Taiwan's stock market is also falling?"
Zhou Changan pouted and said, "Isn't it too popular to bail out the market these days?" Can't we just let it float freely? These governments are really, all of them are delusional to use administrative power to compete with the market, is it so fun? ”
Although Taiwan's capital market is very small, and the two do not have any positions there, it does not affect Zhou Changan's ridicule at all.
"You also have complaints about the bailout?"
Although it was just an unintentional remark, Zhou Changan's words made Xu Fei's eyes light up, and he immediately asked with great interest, "Now Hong Kong, Taiwan and Huaxia have all intervened in the capital market, of course, not in this wave of market." This time, instead of focusing on the bearishness of the market, we will focus the public's attention on the bailout, what do you think? ”
"How?"
Zhou Changan was stunned for a moment, and didn't react for a while, "Focus on the act of saving the market itself, what's wrong with this behavior?" ”
"The bailout has become a fait accompli, and the doubts about itself have disappeared for the most part."
At this time, Xu Fei had already entered the role, and explained with a slight frown, "Regarding the statement of whether the market needs to be rescued, it is obvious that there is no way to hype, because the overall situation has been decided. But now that the bailout funds have dried up and the stock market has continued to fall, it can be said that the bailout measure can fully achieve the desired goal. Let's send it a message of 'the government has suspended the bailout', which should make the market tremble further, right? ”
"Pause bailouts? Why didn't I hear this? ”
Zhou Changan's head was a little unable to turn, and he was stunned for a long time before he asked to himself, but the next moment he immediately reacted, patted his thigh and said, "Absolutely, it's amazing." Regardless of whether this news is true or not, once it is released, it will definitely cause panic in the market. ”
He couldn't help but give Xu Fei a thumbs up.
"Hey, hey, if you can think of this, it means that other people can think of it too."
Xu Fei smiled smugly, and then put his mind at ease, "I believe that with such a news, it will be difficult for the stock market to continue to rise tomorrow." ”
In the evening of the same day, such an article appeared on Bloomberg about the possible measures of the Chinese government for the current stock market. The article quoted a "senior government source" as revealing that the top management has serious disagreements about the current unfavorable situation of bailing out the market, and has suspended the current direct intervention in the stock market. At the same time, the "source" also revealed that the top level of the government is discussing measures to further save the market.
As soon as this article appeared, it immediately attracted great attention from all sides. Regardless of whether this news is true or not, the news of "suspending the bailout" alone is enough to involve the highly sensitive nerves of all parties.
If the government doesn't bail out the market, is there any hope for the stock market?
Soon, news from the government followed, and early the next morning, a news that CEFC Securities, Financial Express, regulatory departments and other relevant personnel were asked to assist in the investigation was released. Clear-eyed people know very well that these institutions must be greasy, so they were captured by the government that wanted to forcefully rectify the market, and then made a move to "kill chickens and make an example of monkeys" during this time period.
In another newspaper, it used very striking wording for the first time: destroying the confidence of the Chinese stock market will lead to the overall reform of the crisis. Such words have not appeared in the media for a long time, and they can be described as extremely harsh warnings.
Subsequently, the futures exchange announced that it would make a combination of efforts to curb excessive speculation in the stock index futures market, including raising the reserve ratio, limiting the number of lots to open accounts, and asking questions about non-hedging positions. The exchange also emphasized that these measures may be implemented in the near future, and the market should be prepared for this.
At the same time, some brokerages said that the current phenomenon of market funds returning may be that some investors believe that the bottom of the stock market has been reached, so they take the opportunity to buy the bottom. At the same time, the brokerage also said that 329,700 new shareholders poured into the market last week, which was the first time that the number of people rose after the stock market crash, which also means that ordinary shareholders also believe that the market has reached the bottom.
There are also some other less impactful news, such as the need for a low margin call on credit accounts, but all the news is summed up with only one central meaning: the government needs the stock market to rise!
But globally, the expectation of a Fed interest rate hike and the performance of the Asia-Pacific market, especially the China market, on Monday caused the European and American markets to plummet. The Dow Jones, S&P 500 and Nasdaq all fell nearly 4%, and the European market also fell similarly.
Compared with making so many moves on the side of wanting to maintain the market, the bears led by Xu Fei just released such a fluttering news, which almost destroyed the entire market.
During the call auction stage, investors rushed to sell, so that the index opened directly at a position of 3,004 points, and fell below 3,000 points only one step away.
This figure has scared most investors, but it has also emboldened some people, who are mainly fund managers.
Fund managers are a special group, on the one hand, they are far more intelligent than ordinary investors, and on the other hand, they are far behind those predators. However, this gap is not a gap in their profession, but because the laws and regulations have tied their hands and feet.
In the face of an upward trend, they naturally earn more than the average person. But in a downtrend, although they hoard as much cash as possible, they can only watch their net worth fall because of the minimum position restrictions.
But it's not impossible, those stocks at the high level can reduce their costs by continuing to buy, as if now the index has fallen to 3000 points, and this is how they reduce their losses.
For example, if you have a lot of stock with a price of 100 yuan, and when the stock falls to 20 yuan, you buy 3 more lots, then you will spend a total of 160 yuan to own 4 lots of stocks, and the average price is only 40 yuan. When the stock rises to $40, you are no longer trapped. As for when it rises to $41, your position will be profitable, and you don't need to wait until $100.
This is the wishful thinking of fund managers, and this is also the difference between them and ordinary shareholders who "chase up and down".
Even a large number of them are betting heavily on the subsequent rally, because the more the stock market falls now, the more likely the subsequent rally will be. Buy early in this situation, and when the rally comes, you can make a big profit.
When the stock market was officially traded, fund managers were among the first to arrive, waving their bills and buying as many stocks as they could because they were too cheap for them. Driven by this share of funds, the index not only did not continue to fall, but also rose red.
points, two important thresholds were broken in succession, and the index even stood above 3,100 points at one point, once as high as 3,123 points.
However, although the fund managers have a lot of money on hand, it is clear that it cannot be compared with the general trend of the market, and after they barely managed to move the index up to 3100 points, the upward momentum also became weak, and was quickly overwhelmed by the wave of selling.
After the index turned around, there was no more supporting force, and it soon fell at the speed of free fall.
It took more than an hour for the market to rise to 3,100 points, but it fell 100 points again, and this time it took just over half an hour for the index to return to 3,000 points.
Around 3,000 points, some bettors on a rebound tomorrow bought another wave, but it was just a drop in the bucket for the trend, and after a little pause, the index easily broke through 3,000 points and returned to the 2,000 point range.
"It's all over!"
When Zhou Deping, Zhao Fei, Li Rong and others saw this scene, their hearts were cold. Even the traders, who had nothing to do and had been discussing, stopped talking when they saw this.
The trading room at the headquarters of Huatou is so quiet that even a pin can be heard clearly.
"It's still here after all!"
Li Rong sighed, breaking this suffocating tranquility, "Although I have been mentally prepared for a long time, I still can't stand it when this moment comes." ”
She was more emotional, and the words she said unconsciously brought emotions, but these words poured out the hearts of many people, and many people felt the same way as her.
"Now let's see how much more it can go down!"
After being silent for a long time, Zhao Fei said faintly, "What is the bottom?" Dot? It's really hard work for decades, and I returned to the pre-liberation period overnight. ”
"Stock markets in Japan, South Korea, Taiwan and even Hong Kong all rebounded today."
Zhou Deping smiled bitterly and shook his head, "It's our market, there's nothing, nothing." I've been trading all my life, and now I really can't see clearly, what's going on with this market, what's going on? ”
"The government shouldn't sit idly by, right?"
Li Rong said weakly, "When things develop to this situation, there will be trouble immediately." We all know what this is all about, but for now, it is important to stabilize the market, otherwise we really don't know when it will fall. We have been developing the economy for decades, but the stock market has been sluggish, and it is time to put things in order. I think that by tomorrow at the latest, the government will announce major measures to rescue the market, and it is very likely that it will be a rate cut. ”
"It may also be a RRR cut!"
Zhao Fei said weakly, "But so what? The market is like this, even if there are big moves, I am afraid it will be difficult to go back, and the people's hearts will be lost. Hey, I think even if the market is over this time, it will be a few years before it can return to 4,000 points. ”
"By the way, why didn't you see Xiao Wang today?"
Several people talked about each other in frustration, and after a long time, Zhou Deping realized that one of them was missing, and immediately asked strangely, "Didn't this guy come to work today?" That's not going to work, we can't do anything right now, but we still have to get to work on time. ”
"He's here!"
Zhao Fei pointed to the corner, "But after he came, he has been tinkering with something there, and he doesn't know what it is." (To be continued.) )