Chapter 1070 [Double Kill of Stocks and Exchanges]
At about 17:30 in the afternoon of the same day, I lived in the villa.
Tian Jiayi sat in the living room and reported to Fang Hong: "The two trillion rescue funds have been injected into the market as planned today, and the 22 listed targets under the galaxy have also stepped out of the record high with a collective price limit today. ”
After a moment, Fang Hong simply said neatly: "Then suspend the trading and advance according to the established plan." ”
After the previously publicly promised $2 trillion liquidity is injected into the market, there will be no additional liquidity in the future, and even if there is, it is for the purpose of making money.
……
At around 8 o'clock in the evening, a blockbuster announcement caused a sensation in the capital market, and also made many retail investors who hold Galaxy stocks feel excited.
This announcement is that the village has approved the collective suspension of 22 galaxy concept stocks.
According to its announcement, 22 Galaxy concept stocks were delisted from the Shanghai and Shenzhen stock exchanges, and were re-listed on the SGX, resuming trading at the same time as the opening day of the SGX.
The connection work of SGX is also in place, and the relevant announcements have been disclosed in a timely manner, for the small and medium-sized shareholders of the listed companies of the 22 galaxies, among which individual investors who have not reached the entry threshold of SGX, they are allowed to open an account and passively continue to hold, for accounts that have not reached the entry threshold, there is only one opportunity to sell stocks, and after selling, they cannot continue to buy and sell operations, unless the account meets the access threshold.
Although there is only one one-way operation to sell, it still makes many retail investors who hold these stocks and intend to hold them for a long time feel very excited, there is no opportunity to invest in SGX stocks, but the stocks of the galaxy are to be delisted on the main board of Shanghai and Shenzhen, and the SGX is listed and a bug is stuck.
The vast majority of people in the outside world did not expect that the 22 group of galaxies that had been listed would be delisted from the main board so neatly and neatly, nor did they expect the two major exchanges of Shanghai and Shenzhen to be so happily released.
In fact, the two major exchanges don't want to let go at all, but people are determined to leave, and they can't stay, so their minds have already flown to the SGX.
Instead of twisting it, it is better to put it happily.
Besides, Qunxing Capital is not a little Karami.
According to the latest announcement disclosed by SGX, the stock trading code of listed companies on SGX starts with 68, and 22 listed companies of Qunxing have confirmed the trading code, such as Xingyu Technology after listing on the SGX, the stock code is 680001, the quantitative capital is 680002, Kyushu Blue Arrow is 680004 until the 22nd company's ATL Technology stock code is 680022.
Most of the shareholders are discussing the transfer of the concept of 22 galaxies to the SGX, but they are not aware of the hidden information, but some keen and intelligent people have smelled some key signals from it, and the listed companies of the galaxies have been collectively delisted from the main boards of the two cities to the SGX, giving people a taste of a comprehensive meal.
In other words, it is very likely that Qunxing Capital will not invest a lot of energy in the main board of the two cities of Big A from now on, and the rescue efforts like last month may not appear again in the future, and counting the inflow of funds during this period, the two trillion funds promised by Qunxing Capital have basically been completed.
Run——!
This was the idea that some smart money quickly flashed through and was fulfilled the next day.
……
Tuesday, August 18.
Today's A-share market opened, 22 Galaxy concept stocks were suspended and could not be traded, the first half hour of the morning opening went to the standard, and the intraday once touched the 4000 integer mark.
But after 10 o'clock, the market began to turn downward, and the decline gradually expanded, and at this time someone gradually realized that something was wrong.
By the opening of the afternoon, the two markets fell further and accelerated their decline, which also caused panic in the market.
Because there is news that the super main force has withdrawn from the bailout, in the straightforward words of some shareholders, the 2 trillion bullets of Qunxing Capital have been completed, and no new liquidity will be injected to maintain the stock market.
Moreover, this juncture coincides with the curse of futures delivery, and the stock market must fluctuate greatly whenever stock index futures are delivered.
Technically, the 4000 point area is a dense trading area, or a dense hedging area, and it is difficult to break through the heavy pressure range here if the large market volume cannot be continuously amplified.
There are also factors in the foreign exchange market that have begun to be transmitted to the stock market, and at this time, those who were reluctant to be forced to bail out the funds began to run away resolutely at this time.
Under the superposition of multiple factors, Big A was directly sent to the ICU.
Today, the index plummeted -6.15%, closing at 3748.16 points, and the two cities reappeared in the 1,000-share limit, and more than 1,500 stocks fell in the afternoon.
……
The next day, Wednesday, August 19, the index opened -2.70% lower, and once fell 5 percentage points in the intraday, but staged a deep V reversal in the afternoon, and closed up +1.23% after hours.
Many people made a move to buy the bottom at this time, but the next five trading days once again plunged the market into despair, because the big A ushered in the collapse moment of the stock market crash 2.0, and staged a double kill of stocks and foreign exchange, and the foreign exchange market, which had stabilized, also depreciated again.
On Thursday, August 20, the Shanghai Composite Index fell -3.42% to 3,664.29 points.
On Friday, August 21, the Shanghai Composite Index fell -4.27% to 3,507.74 points.
On Monday, August 24, the Shanghai Composite Index plummeted -8.49% to 3209.91 points, a new low since the fall of this round of market, and once again refreshed the largest single-day decline in eight years.
On Tuesday, August 25, the Shanghai Composite Index leaked -7.63% to 2,964.97 points, which not only further hit a new low since the fall of this round of market, but also directly broke through the important psychological threshold of 3,000 points, and more than 1,900 stocks in the two cities fell to the limit.
On Wednesday, August 26, the Shanghai Composite Index fell again by -1.27%, closing at 2,927.29 points. The intraday decline was close to 4 percent, breaking through the 2,900-point mark and falling as low as 2,850.71 points.
In just 5 trading days, the index has fallen by more than 22 percentage points, and the last seven trading days have fallen by more than 26 percentage points.
Since the market peaked at 5178 points in mid-June, in just over two months, the cumulative decline of the Shanghai Composite Index has reached an astonishing -43.34%, and individual stocks are generally cut in half and then cut in half.
In this period of tragic "double killing of stocks and foreign exchange", the foreign exchange market plummeted first, and then the stock market plummeted, and many shareholders who were fished out by Fang Hong were buried in recent days, and their accounts were cut in half and cut in half.
I am afraid that only the holders of the suspended 22 group of galaxy concept stocks in the whole market have escaped this catastrophe, and they are also trembling when they see the market breaking through 3000 points, but they are also extremely afraid of the resumption of trading after the fall expectations, after all, they have hit a record high.
But at least now it is a blessing in misfortune, and most holders are relatively calm, after all, there is a rather lucrative profit cushion.
……