Chapter 873 [Soaring Market]
The stock price of quantitative capital moved up and closed strongly at the end of the session, which turned out to be good news.
It is rumored that a large number of wealthy people hope to entrust Stars Capital to help them do wealth management, and there is even a shortage of super-rich or wealthy families with tens of billions of dollars, but Stars Capital has never taken over new funds from the rich since accepting funds from a group of coal bosses a few years ago.
Although Qunxing Capital did not take over, Fang Hong let go and let its subsidiary Quantitative Capital do this business.
It is rumored that the current quantitative capital has been broken by a large number of billionaires, all waving banknotes to hand over to Chen Yu to help them do wealth management.
Although he failed to get on the bus here in Qunxing Capital, there is not much difference in quantitative capital, and his performance in recent years is also on the table, and another major point is that it has long been rumored in the industry that Chen Yu is very valued by Fang Hong, and he has given a very high evaluation of his investment management level.
No matter what, as a member of Fang Hong's right-hand man, he will definitely take care of Chen Yu, if there is really something wrong, Fang Hong will definitely come forward.
It is the emergence of this news that makes quantitative capital explode at the end of the market and hit the daily limit.
At the end of the day, the Shanghai and Shenzhen markets rose +3.11% to close at 2,763.54 points, the Shenzhen Component Index rose +2.98% to close at 9,366.95 points, and the ChiNext Index rose +0.84% to close at 1,565.42 points.
The total trading volume of the two cities reached 887 billion, continuing to maintain a high trading volume, and the trading activity remained high.
It is worth mentioning that the GEM index is significantly weaker than the main board, in fact, the main board market has been in the recent period, and the people who play in the GEM index basically do not make money, or even the broader market index has not outperformed.
An important reason is that when Fang Hong commented on the stock market some time ago, he said that the concept of high valuation flows to the low valuation sector, and the GEM index is a high valuation sector.
After all, the GEM index has doubled since last year, and the main board has not begun to perform gradually until the second half of this year, and it has only begun to usher in an outbreak recently.
There is no need to say too much about the appeal of God K, he said that he wants to do the main board, and a large number of retail investors have responded to his call.
……
The next day, Wednesday, December 3.
Today's big A market is after several twists and turns, in the morning slightly higher opening all the way to the shock higher, the Shanghai Composite Index rose more than 2 percentage points in the intraday, breaking through the 2800 point mark and hitting a new high.
Just when the stockholders were happily watching the market continue to rise, the trend after 11 o'clock took a sharp turn and directly staged a big dive.
It turned out that something happened on the news, and the village said that ETFs and futures are expected to be included in the Shanghai-Hong Kong Stock Connect, but there are still technical obstacles to the participation of overseas funds.
Affected by this news, the broad market index dived in response.
Overseas funds represent incremental funds that should not be underestimated along the way, which is an expectation that has been made from the beginning, and if there are so-called technical obstacles, it means that this expectation will be disappointed.
The market also panicked and fell, and at about 13:20 in the afternoon, the Shanghai Composite Index dived and turned green, and the fall limit once expanded to more than 1 percentage point, with a difference of 3 percentage points between high and low amplitudes.
However, then there was a V-shaped rebound and closed in the red again.
Investors from all walks of life seem to have come back to their senses, panicking, this is a bull market.
Let's not talk about anything else, the 2 trillion funds of the wealth fund have not yet entered the market, and there are technical obstacles to the participation of overseas funds, which is not to say that it cannot come.
So it quickly rebounded.
But the real reason is the continuous entry of over-the-counter funds, and a large amount of funds will be bought as soon as they are adjusted.
After the close, the broad market index closed up +0.58% at 2,779.52 points, and the total turnover of the two cities reached 957.3 billion, setting a new record for trading volume, which is only one step away from trillions of trading volume.
It is worth mentioning that today's quantitative capital opened more than 5 percentage points higher, and then went up again after the opening stepped back 2 percentage points, and it took only more than half an hour for the stock price to rise to 316.75 yuan, an increase of +10.00% to seal the price limit, and successfully advanced to the second board.
The company's market value has also risen to 442.8 billion, and it still maintains a trading volume of 10 billion today, which is about a price limit away from the record high of 349.05 yuan.
The stock price rushed to near the previous high, and the pressure was not small, and today's turnover also reached a new high, reaching 16.7 billion, ranking first in the turnover of individual stocks in the two cities.
The market capitalization of quantitative capital is about a quarter of that of Xingyu Technology, but the trading volume of Xingyu Technology is only half of that of quantitative capital, and it is obvious that the latter has a more frequent turnover rate and relatively greater volatility.
……
In the afternoon, Tranquility Villa.
In the living room on the first floor, Fang Hong was listening to Tian Jiayi's company's internal material data report: "According to the A-share market data we sorted out internally, preliminary statistics, in terms of financing and stock index futures, since November 24, the average daily financing purchase amount has been 149.7 billion yuan, about 17% of the average daily stock turnover in the same period. As of today's data, the financing balance of investors is about 850 billion yuan, compared with 403.4 billion yuan at the end of June this year, the financing month has more than doubled, and the stock index futures position has increased by about 75% compared with the end of last year. ”
Fang Hong nodded silently, and Tian Jiayi continued: "As of November 24 to today's closing, all kinds of professional institutional investors have bought a total of 30.9 billion yuan, general legal entities have sold 125.2 billion yuan, and natural person investors have bought 65.9 billion yuan. ”
Tian Jiayi immediately emphasized: "In particular, individual investors who hold A-shares with a market value of less than 100,000 yuan are net buying. ”
Fang Hong couldn't help but smile when he heard this, his current appeal was really leveraged.
At the same time, Tian Jiayi continued to report to him on the material data: "Shanghai-Hong Kong Stock Connect investors bought a net of 28.4 billion yuan, and in addition, the cumulative use quota of Shanghai-Hong Kong Stock Connect has exceeded 50 billion yuan since its opening. ”
Tian Jiayi flipped a page of materials and said: "Judging from the participation of investors, since November 24, an average of 100,000 new stock accounts have been opened every day, and the number of new accounts opened yesterday has reached 179,700. ”
Obviously, over-the-counter funds are entering the market in the big picture, and a large number of new investors are opening accounts to enter the market.
Because in the first 11 months of this year, the average number of accounts opened per day was only 29,000, while yesterday it was close to 180,000, showing a six-fold gap between the previous and the latter.
Tian Jiayi added: "In the week from November 24 to 28, the number of A-share accounts participating in trading was 26.72 million, an increase of more than half compared to the previous week, an increase of about 53%. ”
These data all show the terrifying appeal of K God, because the day before November 24 was the weekend, and Fang Hong commented on the A-share market on his personal Weibo account on this day, and publicly said for the first time that the big A has entered the bull market stage, and it is rare to sing long.
Immediately after the 24th, the big A skyrocketed, the Shanghai Composite Index market exploded, retail investors rushed into it with a roar, and over-the-counter funds entered the market.
As soon as this data came out today, the number of accounts participating in trading increased by more than half this week, which is the most intuitive response to Fang Hong's strong influence in the retail investor army.
…… (End of chapter)