After doing these things in the sales department, it was already past 11:30 a.m., and the morning trading session of the stock market had ended.

Today is May 16th, Ma Xiaofei confirmed that the afternoon will open, and the funds in the account will be in place to trade, leaving him time to buy stocks, and there is still a day and a half.

Time was very tight, Ma Xiaofei simply went to the street to buy bread and water, and then stayed in the No. 5 big room, lit a cigarette, and began to study and choose stocks.

Ma Xiaofei is not familiar with the stock market in this era, and when he opened the market software, he saw that there were less than 300 stocks in the Shenzhen Stock Exchange and the Shanghai Stock Exchange.

From '93 to '94, China's economy overheated, and in two years, the inflation rate was as high as 24%.

This year, the central bank began to shrink monetary policy, and the stock market also entered a bear market, with a downturn and very thin transactions.

Yesterday, the Shanghai and Shenzhen markets combined, the turnover was less than 400 million.

This morning, volume is still shrinking.

There was a market high in September last year, and the Shenzhen market rose to nearly 2,200 points, and today it has been cut in half at 1,030 points.

In the same period, the Shanghai Composite Index also fell from 1050 points to less than 600 points at present.

At half past 12 noon, Ma Xiaofei picked four stocks from more than 200 stocks and joined the selection.

"5.18 market" must be a general market, Ma Xiaofei knows the urine nature of large A shares, and chooses low-priced stocks, and finally decides to focus on Ma Steel.

This ticket was listed in early January 94, when it rose above 4 yuan, and last year it fell to 1.2 yuan, and now the stock price is only 1.60 yuan.

It's a pity that the transaction volume is too small, during this time, Masteel's daily transaction is only about 2 million yuan, and even only about 1.5 million yuan when it is low.

The intraday stock price amplitude is also very small, fluctuating between two or three cents, like an electrocardiogram.

Ma Xiaofei decided to take a heavy position in Magang and strive to eat 50,000 shares at the 1.60 yuan line.

Masteel's total share capital is 6.45 billion shares, with a circulating share capital of 600 million shares, which is a large-cap low-priced stock, which is very suitable for large-scale capital operations.

With the rest of the money, Ma Xiaofei is ready to buy all of Shen Zhenye, a special zone real estate stock with a stock price of more than 5 yuan.

There is also a ticket, named Qiong Jinpan, Qiongdao's real estate stocks, the stock price is less than 7 yuan, mainly because the front fell hard enough, from the highest in September last year to nearly 20 yuan, all the way down to less than 7 yuan now.

The last ticket is Jinyang's local Shuchuan Changhong, home appliance stocks, and the king of color TVs in China.

Ma Xiaofei is very familiar with this ticket, next year's big bull stocks, if you buy them now, it is estimated that the increase will not be less than 20 times when it reaches next year's high.

However, Changhong's current share price is about 11 yuan, which is not a low-priced stock, and it is likely that it will not become a dark horse variety in this wave of "5.18 market", and Ma Xiaofei is only kept for standby observation.

At 1 o'clock in the afternoon, after the stock market opened, Ma Xiaofei began to eat the two tickets of Ma Gang and Shen Zhenye as planned.

The market is sluggish, the trading volume is too small, and the only 100,000 funds also make it difficult for Ma Xiaofei to buy.

He's the one who has managed billions of private equity funds.

At 3 o'clock in the afternoon, after closing, Ma Xiaofei's 100,000 yuan of funds only bought less than 40,000 shares.

In the evening, Ma Xiaofei found a nearby hotel and opened a room, 58 yuan a night, two-star conditions, quite acceptable.

In this era, the highest hotel in Jinyang is only four-star, and there is only one, and there are only two three-star.

Before the close of trading on the afternoon of May 17, Ma Xiaofei ran out of bullets and bought 50,000 shares of Masteel and 3,600 shares of Shenzhen Zhenye.

The average transaction price of Masteel was 1.60 yuan, and the average transaction price of Shenzhen Industry was 5.25 yuan.

It's just that the transaction costs in this era are too pitiful, with brokerage transaction commissions of 8 thousand and stamp duty of 3.5, all of which are two-way charges.

Coupled with other miscellaneous fees, one buy and one sell, the transaction fee is close to 2.2%, which is scary to death.

In the past two days, in addition to trading and researching stocks in the big room, Ma Xiaofei was also reading newspapers and television, and he also went to the Jinyang Daily office to read old economic newspapers in March this year in the reading room.

Seeing a lot of news, Ma Xiaofei finally understood the background of the next "5.18" market.

In the treasury bond futures market, there are as many as tens of billions of speculative funds, and if such money pours into the stock market, which has a daily turnover of only three or four hundred million, it will certainly stimulate a sharp rise in stocks.

On the evening of May 17, Ma Xiaofei had an early meal, returned to the hotel, turned on the TV, tuned to CCTV, and waited for the news broadcast.

No surprises, finally waited for a short piece of news:

Emergency Notice on Suspending the Pilot Program of Treasury Bond Futures Trading Nationwide

The regulator decided to suspend the trading of treasury bond futures from May 18.

Typical words are small and big things.

Previously, Ma Xiaofei analyzed and speculated that since this wave of market is called the "5.18 market", the introduction of the policy is likely to be this evening.

Ma Xiaofei was a little excited, and subconsciously clenched his fists: "Sure enough, it's a policy tonight." ”

In the afternoon, he flipped through the old newspapers in the newspaper office and found that the threshold for speculating in treasury bond futures was very low, and he could open an account for 500 yuan, and he could achieve 70 times the leverage.

Now there is no place for these funds to speculate, and the stock market is the best choice.

The next day, May 18, Ma Xiaofei rushed to the business department of Huatou Securities at half past eight in the morning, and there were already many people in the hall, all of whom were enthusiastically discussing the news of the suspension of treasury bond futures announced last night.

Some of them still have newspapers that have just been put on the market today.

There are also quite a few people sitting in a few large rooms.

Ma Xiaofei entered the No. 5 big room, which was empty.

Later, before 9 o'clock in the morning, the hall of the business department was full of people, and Ma Xiaofei came out to take a look.

Good guys, there are one or two hundred people in the hall, and there are dozens of people waiting in line to open an account.

The day before yesterday, when Ma Xiaofei opened an account, if the big account of the sales department did not give a trial, he would definitely pay for it.

As soon as Ma Xiaofei returned to the No. 5 large room and sat down, an OL girl from the sales department led two middle-aged men in.

One was tall and thin, the other was short and fat, both in their thirties and forties, and well-dressed.

Ma Xiaofei glanced at it, and the two didn't seem to know each other.

A tall man, in his 30s, with a height of more than 180 cm, dressed in a suit and leather shoes, carrying a black leather handbag in his hand, and a big brother.

The short and fat man is 165 cm tall and has a face of about 40 years old.

The tall man smiled, took out a box of soft cigarettes, and handed one to Ma Xiaofei and the short and fat man.

A local tyrant's style.

In this era, a box of soft cigarettes costs 50 yuan, and ordinary people can't afford to smoke.

The Tashan cigarettes that Ma Xiaofei is smoking now cost 16 yuan a box, which is already considered high-end cigarettes.

Most of them were not bought by himself, they were all given by some units in Long'an Town, or the leftover cigarettes were given by the finance office every time they were received.

The three men lit cigarettes, and the tall man took a closer look at Ma Xiaofei, his eyes lit up, and he said with a smile: "The little brother is very young, are you Gui Geng this year?" ”

Ma Xiaofei smiled slightly: "I am 74 years old." ”

The short and fat man raised his thumbs: "Ho, 21-year-old big man, I've been doing stocks for almost four years, and it's the first time I've seen ......."

Ma Xiaofei said: "I'm not a big account yet, two days ago, the sales department came to me and asked if I needed to open a big room, I said try it first, and they agreed to let me try it for free for a week." ”

The short man and the tall man were stunned when they heard this, and immediately understood that Ma Xiaofei should not have much money invested in the stock market.

Plus so young, maybe still a novice.

However, both of them are old rivers and lakes, and they will not show it on their faces if they look down on a person.

Follow or keep chatting.

The tall man's surname is Liu, in addition to stocks, he also does futures, and there are millions of funds stuck in treasury bond futures.

The short man's surname is Wang, and he claims to be in July 91, and he began to do stocks in the magic capital.

Liu Wang and Wang are both from Jinyang City.

The three of them chatted a few words, and there was no intention of further communication for the time being.

Ma Xiaofei only revealed that his surname is Ma, from Long'an Town, Anhe County, and he started to do stocks in August last year......