Rebirth of the investment era

Chapter 59: GEM index reaches 1,000 points

Throughout the weekend, market news, both at home and abroad, was quiet.

Su Yu browsed for a while, but didn't see any information worthy of special attention, so he logged into several stock trading accounts he traded and locked the computer interface to the stock market trading interface.

Then, at 9:15, the collective bidding in the two cities began.

Hua Qingbao's stock price flickered at 24.50 yuan and then turned to 24.79 yuan, an increase of more than 1.2%, clearly opening higher.

Subsequently, bidding and buying orders gradually followed, and Hua Qingbao's stock price also gradually increased.

9:16, 9:17, 9:18...

Seeing that the time passed 9:20 and entered the real call auction stage where orders cannot be cancelled, and Hua Qingbao's market still did not have many actively selling call auction pending orders, Su Yu breathed a sigh of relief and quickly removed his hand from the mouse. Move up and continue to lock in and wait and see.

"It seems that the funds from Anping Road in Shanghai are indeed private equity funds."

Su Yu saw that there was basically no pressure on Hua Qingbao's collective bidding board, and said to himself: "The determination to lock up the position is still as firm as ever!"

This fund is the largest main fund in the stock market of Hua Qingbao.

Su Yu felt that as the concept of 'mobile games' has been continuously heated up by the market, as long as the other party is firm in its determination to lock up funds and is recognized by various short-term hot funds, hot money that dares to relay will naturally flock in again.

And after the other party locked up a large number of circulating chips...

As long as the money-making effect of the 'mobile game' concept hype persists, as Hua Qingbao's stock price continues to rise, its chips will definitely become more scarce.

This will also naturally form positive feedback on funds, emotions and stock prices.

During Su Yu's brief contemplation, 9:25 arrived, and the market call auction ended. Hua Qingbao opened about 2.7% higher, and the stock price was reported at 25.16 yuan. Other popular stocks in the same concept sector, such as Changqu Technology, Yuanji Technology, Meisheng Culture, etc. also opened slightly higher, and market funds were in a good mood to follow the trend.

In addition to the concept of "mobile games", the popular concept of "film and television media" also opened much higher.

Core concept stocks such as Huayi Brothers, Guangqian Media, and LeTV have also obviously received continued attention from funds, opening 1% to 3% higher.

As for the Shanghai Stock Exchange Index on the main board, as well as concepts such as mobile payment and Internet finance that were popular in the early stage.

After the big rebound in the last trading day, during today's bidding stage, the continued speculation of funds began to ebb, with low enthusiasm and a slightly lower opening.

"The overall sentiment is fine."

After reviewing the call auction results of the entire market, Su Yu secretly said: "It's just that the GEM index is about to rebound to the important historical mark of 1,000 points, plus the market trends of 'mobile games' and 'film and television media' which are the main upward sectors of the GEM. It has lasted three trading days, and I’m afraid there will be some differences today.”

The pressure on the market index and the divergence of the market will swallow up the demand for more incremental funds.

Su Yu estimated that today's overall market trend may not be very optimistic.

Of course, a one-day market correction cannot change the overall upward rebound trend of the market, and he will not care about the short-term gains and losses of this day.

Following his analysis, 9:30 arrived and the market began to officially trade.

I saw a huge amount of short-term active funds. After clearly sensing that Hua Qingbao's market pressure was not strong, they quickly rushed in to compete for chips. In just 5 minutes, their stock price rose to above 25.75, an increase of more than 5%.

same……

In the ‘film and television media’ concept sector, which has a large number of market-making effects, there are many other popular concept stocks.

After the market opened, it was continuously attacked by short-term active funds in the market.

As the two major concept sectors continued to be popular, the ChiNext Index also rose rapidly, breaking through the 992 point mark at 9:45, rising by more than 1%.

Of course, due to the correction of big financial and two barrels of oil after yesterday's rebound.

The Shanghai Composite Index was dragged down, and when the ChiNext Index rose by more than 1%, it could only turn red, once again attracting criticism from heavyweight stock investors.

"The GEM is still stronger. The Shanghai Stock Exchange Index is simply a heavy and broken car that can't even be towed."

"There is no hope for heavyweight stocks. It is simply a stagnant pool. There is no money willing to come in. Oh, it's out, it's out... I wasted several months here on the market and lost a lot. It's really not worth it."

"When it comes to stock trading, you have to go where the money-making effect is strongest in order to make money. Traditional big players like securities, banks, coal, steel, and oil really have no future."

"Nowadays, everyone pays attention to the 'new economy', and blue chips can naturally only be reduced to 'bad chips'."

"Indeed, if you look at the growth of the ChiNext in the past two months, it is simply a bull market with momentum and upwards. Looking at the Shanghai Stock Exchange Index, it is still standing still and is already lagging behind by twenty or thirty points."

"Yes, staying with these stupid banks and securities companies is simply a waste of market capital and a waste of opportunities."

"Look at Hua Qingbao, it feels like it's about to hit the daily limit again. It's so strong. This guy has more than doubled from the beginning of April to now!"

"Hey, stop talking. I've noticed this stock for a long time, but I haven't dared to buy it."

"But the less you dare to buy, the more it goes up."

"That's what bull stocks are like. I think as long as we understand the logic clearly, Hua Qingbao's position is not too high."

"Besides, buying stocks is the same as buying a house. They both buy up and not down. If you don't dare to chase stocks like this, I'm afraid it will be really difficult to make money in the market."

"Hey, let's not talk about it anymore. I feel depressed every day and it's really uncomfortable. I'm going to have Zhuihua Qingbao cut off."

Amid the many complaints, as funds quickly flowed from the Shanghai main board to the hot GEM, the seesaw effect was clearly revealed again.

Only after 10 o'clock...

The Shanghai Stock Exchange Index fell slowly, while the GEM Index quickly rose again, hitting the 1,000-point mark under the overall divergence of the two major concept sectors of "mobile games" and "film and television media".

Among them, individual stocks.

At 10:15, Hua Qingbao took the lead in hitting the daily limit, with the stock price quoted at 26.95 yuan.

Subsequently, Changqu Technology followed the trend and rose rapidly, exceeding the 8% increase and also hitting the daily limit. Among them, Yuanji Technology and Meisheng Culture also quickly rose by more than 6%.

And almost at the same time.

The three core "film and television media" stocks of Huayi Brothers, Guangxian Media, and LeTV also rose rapidly, exceeding 5%.

"1000 points, 1000 points..."

Throughout the market, countless pairs of eyes are watching the ChiNext Index, hoping that it will break through 1,000 points and create another historical moment.

At 10:21, the ChiNext Index hit its highest point of 998.21 before falling quickly, encountering huge market selling pressure.

then……

The entire market capital realized that the difficulty of breaking through the 1,000-point GEM index was more difficult than imagined.

Start at a key position and sell chips to take profit.

With the increase in massive selling in the market, the rising trend of the whole sector of 'mobile games' and 'film and television media' that had just started to diverge was suddenly cut off and fell into a rapid decline.

Under this sentiment reversal, at 10:38, as the core stock of the market's attention.

Hua Qingbao's daily limit orders began to drop sharply without internal market smashing. Big funds took the initiative to withdraw orders, the daily limit was opened, and the stock price quickly fell back from 26.95 yuan to around 26.33 yuan, an increase of 7.5% to 8%. between.

And with the opening of the market's core leading stocks.

The market's short-term chasing sentiment quickly suffered a certain blow, and the entire high-level undertaking was blocked, accelerating the decline of the index and individual stocks.

Under the influence of this situation.

At 11 o'clock, the GEM index fell back to around 990 points before gradually stabilizing.

The Shanghai Stock Exchange Index fell nearly 1%. Among them, the outflow of funds in core weight sectors such as securities, banks, steel, coal, and oil has not been effectively curbed.

Su Yu stared at the market changes in the two cities, and finally his eyes fell on the Hua Qingbao market, which was trading sideways around 7% to 8%, and said to himself: "Fortunately, although the pressure selling of the GEM index of 1,000 points has come out, but Funds actively retreated, but they did not damage or consume too much market sentiment. After a short adjustment, sentiment accumulated again, and it should be possible to break through."

Thanks to the lock-up of major funds in Huaqing Baochang.

While many short-term relay funds that closed the stock of Hua Qingbao sensed the pressure and took the initiative to withdraw their orders, the entire concept market of "mobile games" and "film and television media" did not increase the volume too much and consume huge amounts. The active funds in the market have experienced the same emotional collapse as when "Tianyu Information's fifth board was smashed".

In other words, these two popular concepts and the chip structure in the field have not been destroyed.

It can also continue to serve as the vanguard and main force for the GEM index to break through the 1,000-point pressure, ushering in the node where the market fully breaks out.

Therefore, after Su Yu realized that the market sentiment was only contracting and not collapsing, he continued to lock up his position and remained on the sidelines, waiting for another breakthrough after the market adjustment.

As he waited, the two markets continued to open for trading in the afternoon.

After the ChiNext Index continued to retreat to the lowest level of 987 points, it was between 987 and 992 points.

Maintained a sustained trend of shock.

No more upward breakthroughs, no further pullbacks.

Finally, closing at 3 o'clock, the GEM was designated at 991.34 points, still up nearly 1%, and the Shanghai Stock Exchange Index closed down 0.89% at 2241.92 points.

Among them, Huaqingbao closed with a 7.2% increase, and the stock price closed at 26.26 yuan.

After the close, in the evening, investors across the market responded with a pessimistic attitude towards the GEM index rising and falling, breaking through 1,000 points today.

Great news about the ‘mobile game’ industry is coming.

First, the news that Changqu Technology applied for suspension and reorganization, planned to acquire Dongwang Pioneer, deepened its layout in the game industry, and insisted on expansion, quickly detonated the market.

Then the mobile game sales rankings for April were announced, and games with monthly sales exceeding RMB 10 million showed 100% growth.

The monthly revenue growth of the overall games on the list is more than 20% higher than that in March. This proves that with the popularity of smartphones and 4G networks, 'mobile games' are ushering in unprecedented explosive prospects. , and unlimited imagination space in the future.

With these two pieces of news, the market's investment attention to the 'mobile game' industry has continued to skyrocket.

Amid the surge in market attention, Hua Qingbao's check has once again been at the forefront of market discussions, attracting the attention of countless over-the-counter investment funds.

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