30 hands, 60 hands, 100 hands...

Relying on the inactive trading market, Su Yu completed the expected position building plan just before the market closed in the afternoon. He established a total of 300 positions on the Shanghai and Shenzhen 300 Index futures, with an average position position of 2315.36 and a margin cost of nearly 16 million.

, the remaining risk margin is more than 17 million.

Under the 12% margin trading system set by the exchange, this position.

It can already be considered a heavy position.

Of course, this is also a good thing because the current market has not experienced the bull-bear transition in 15 years. Institutions, hot money, and large investors opened large-scale short positions in stock index futures for hedging, and then they all intended to kill the market, thereby taking advantage of the stock index futures arbitrage.

If the incident happened, otherwise the exchange would impose a maximum limit of 100 lots on individual account holdings of stock index futures. If he wanted to establish such a large position, there would be no way for him to do so.

After he completed the position building, when he came to his senses, the two markets had stopped trading.

Thanks to the crazy pursuit of local stocks in the Shanghai stock market by various funds, in the end the Shanghai Stock Exchange, Shenzhen Stock Exchange Index and ChiNext Index all closed in the red. Among them, the Shanghai Stock Exchange Index rose by 1.21%, the Shenzhen Stock Exchange Index rose by 0.95%, and the GEM Index rose by 0.63%.

It can be regarded as a relatively general rise, and investment sentiment in the two cities has obviously improved.

And in this...

In terms of industry sectors, real estate has carried the market banner, with the entire sector rising by more than 2%; logistics, trade, and port shipping, second only to real estate, have also significantly outperformed the broader market index, showing an extremely strong state; and 'big finance' has once again

After rising higher, it showed a clear differentiation situation.

In addition to the strong sectors where funds gather, there are many high-priced and early-stage popular concept sectors centered on GEM constituent stocks.

Today, the downward sentiment has subsided somewhat, but the rebound trend still appears to be relatively weak, and the return of large funds is not strong.

In terms of individual stocks, the emerging hot stocks, Shanghai Stock Exchange, Waigaoqiao, Shanghai Hong Kong Group, Pudong Jinqiao and a series of "Shanghai local core stocks" have been greatly concerned by active funds in the market, and five of them have hit the daily limit.

, the three stocks finally closed their daily limits.

Among them, the two checks are Shanghai Materials Trading and Waigaoqiao.

Its fund sealing efforts and fund raising efforts are very strong, and the number of closed orders is more than 300,000 lots.

As for the leading core concept stocks in the early stage of GEM that have been abandoned by funds, except for Shanghai Steel Union, which has been caught up in the "Shanghai local core stocks" hot spot, there was a sudden pull-back trend during the session, and there were obvious big funds buying the bottom.

, except for the "Dragon Turn Back" hype, other stocks... Basically, whether it is the volume of trading, attention, or market sentiment, they are continuing to fade rapidly.

And seeing this closing result...

In the entire market, the vast majority of investors, whether they are institutions, hot money, or retail investors, already know that the market style has changed. They know that the previously hot high-level core concept sectors of the GEM have become the market with the greatest money-losing effect and the highest investment risk.

field.

Of course, in contrast to the "Shanghai local core stocks" which have continued to strengthen and are extremely eager to raise funds.

In this market, some investors who are relatively late have also realized that there may be some big benefits here, or there may be some favorable macro-policy stimulus.

"Shanghai's logistics trade is really strong. It has been listed twice in a row, and the funds have been sealed very decisively!"

The majority of investors in the entire market are still speculating about the continuous strength of the "Shanghai local core stocks", and some people are sighing vaguely.

"Not only the Shanghai stock market, Waigaoqiao is also very strong today. It was the first to close the market and the most orders. It also led to the strength of the entire real estate sector. It should be regarded as the leader of the Shanghai stock market, right?"

"Doesn't it count? Waigaoqiao pulled the board in a straight line today. It was too fast and too sudden. There wasn't much change of hands at all. The sustainability... still needs to be observed. Moreover, the Waigaoqiao board is larger than that of the Shanghai Stock Exchange.

Even if there are any major benefits in the field of 'Shanghai local', the space will definitely not be as good as that of Shanghai's logistics trade."

"According to the trend of the Shanghai stock market today, this check should be on the dragon and tiger list today, right?"

"Definitely, I should be able to see the movement of funds clearly this time."

"It seems that Shanghai Materials Trading has the intention of taking over the lead of Shanghai Steel Union, but I don't know what the specific speculation logic of this stock is?"

"Not to mention, it really has the intention of joining the Shanghai Steel Federation."

“Could it be that this year’s bull stocks and monster stocks all come from the Shanghai stock market?”

"A series of stocks on the Shanghai Stock Exchange have indeed performed much better than the broader market index. In the past two or three trading days, active funds in the market have been attacking in this direction. Usually the market's reaction precedes the news.

It seems...there is indeed something good to be announced.”

"I think so. Even giants like Shanghai-Hong Kong Group and Shanghai Pudong Development Bank, which have tens of billions or hundreds of billions, have continued to rise sharply. It's definitely not simple."

“Whether it’s good or not, just follow the market capital trends!”

"Anyway, we can no longer stay on the core and popular concept stocks that were high in the GEM in the early stage. Today, the Shanghai Steel Union was so strong in the morning, and it seemed that it was about to turn around, but it still fell back in the afternoon. This shows... that the trend in the previous direction

The hype is indeed over."

"Indeed, countless experiences have shown that the 'has-been faucet' is not as good as a dog!"

During the discussion, at 5:30 pm, the new Dragon and Tiger list was announced. As everyone expected, Shanghai Logistics Trading was on the Dragon and Tiger list, while Waigaoqiao was not on the list.

Of course, as the leader in the early stage, the Shanghai Steel Federation, which has always been relatively volatile, is still on the list.

After the disclosure of the Dragon and Tiger List...

As you can see, the main buying seats in the Shanghai Stock Exchange are dominated by Mingzhou Jiefang South Road, the chief rudder, and the Shaoxing Branch of Zheshang Securities; the selling seats are all small hot money and large investors, and there are no thousands of them.

Capital seats with levels above 10,000 were sold, and the overall capital showed a substantial net inflow. However, there was no large amount of hot money in the trading seats of Shanghai Steel Union today, and funds still showed a substantial outflow.

"Jiefang South Road? After the chief helmsman left the Shanghai Steel Union, he made a large purchase of Shanghai Materials Trading? Oh my God... this check must have some major benefits!"

"It's not just Jiefang South Road, Zheshang Securities Shaoxing Branch is also here!"

"I remember that the seat of Shaoxing Branch of Zheshang Securities also appeared on the Shanghai Steel Union at that time, and it was linked to Fortune Road, right? Will this be a new seat on Fortune Road?"

"I don't think so. It should be other big hot money from Zhejiang Province!"

"Whether it's Fortune Road or not, the two seats have bought nearly 90 million yuan. It's really a big and crazy rush to raise funds. This check from Shanghai Stock Exchange... will definitely have a bright future."

"Indeed, this Dragon and Tiger List is unexpected."

"The key is that I didn't expect that the chief rudder would follow up so quickly. It seems...Shanghai Materials Trading has a high probability of taking over the popularity of Shanghai Steel Union and becoming the leading stock for all parties in the market to switch funds."

"It's a pity that there is no dragon and tiger list in Waigaoqiao today. I feel that the funds to attack Waigaoqiao are quite powerful!"

"Don't be afraid. If the Waigaoqiao relay succeeds tomorrow and continues to rise at the daily limit, the funds that dominate Waigaoqiao today will definitely reveal their true colors."

"The data on the Dragon and Tiger List released today should be enough to show that the hot spots in the market have completely shifted from many high-level and popular concept sectors on the GEM to the 'Shanghai local core stocks' headed by Shanghai Stock Exchange and Waigaoqiao.

Bar?"

"The hot spot has shifted, but the reason why this hot sector continues to rise is still hazy at the moment. No one can explain it clearly. It always gives people a feeling of unreliability, and they don't know how sustainable it is.

After all, if there is no very strong hype logic support, relying solely on financial relay, 3 boards should be the ultimate height."

"Yes, when the Shanghai Stock Exchange Steel Union surged, I could see the logic clearly, but I really can't understand why Shanghai Stock Exchange and Waigaoqiao are rising now?"

"I don't understand it either, but with such fierce competition for large funds, there must be a very solid underlying logic of speculation."

"The stock price rises before the good news. This is the norm in A-shares. I think it is not surprising. We have no information advantage, so we can only follow the main funds. In these few trading days, the main funds in the market are active.

In the current hot spot of 'Shanghai local core stocks', I have already been involved quite deeply, and I think I can follow it."

"As for the goal..."

"If this hotspot can continue, the leader should be between Shanghai Trade and Waigaoqiao."

"After all, judging from today's situation, the intensity of the financial attack on these two checks is that the big funds are the strongest in raising funds, and the volume of the blockade is also the largest."

"I agree. If I didn't follow you today, I will follow you tomorrow..."

While everyone was continuing to discuss the data on the Dragon and Tiger List, at 6 p.m., Waigaoqiao suddenly issued an announcement, announcing a private placement plan, which planned to issue a private placement of 1 to specific institutional investors based on the market’s 20-day average trading price.

100 million shares, raising no more than 1.5 billion yuan, which will be used for the company's main business direction, and is limited to the construction of five new new platforms in Shanghai to promote the company's internal growth and enhance industry competitiveness.

"This eating appearance... is really ugly!"

Seeing the suspension announcement of Waigaoqiao's fixed increase, Su Yu complained speechlessly.

Although Waigaoqiao specified the purpose of the funds to be raised in the private placement announcement, investors with sensitive information channels at this juncture of the private placement will know what is going on.

In Su Yu's opinion...

These are just a few large state-owned institutions, seeing that the benefits of the "Shanghai Free Trade Zone" are about to be announced.

As for Waigaoqiao, as the only development entity among the development entities of the "Shanghai Free Trade Zone", it has taken on listed companies. It has a pure concept and has caused early speculation of market funds. Large institutions missed the opportunity and knew that they could not buy chips.

The United Listed Company, which has taken a deviant approach, thought about this.

And he knew that the regulators would definitely agree to this private placement plan.

After all, the institutions participating in the private placement have a state-owned background, and the controlling party of Waigaoqiao also has a state-owned background. This is just a matter of left hand and right hand.

For regulators…

Rather than letting the unruly hot money, private equity and other speculative funds in the market take up all the favorable market profits, it is better to introduce state-owned institutions to get a share of the pie.

"Shameless..."

While Su Yu was silently complaining, the Yanjing and Anlan Funds were among the first to receive news of preparations for the "Shanghai Free Trade Zone." They were also the first after Su Yu to have been officially designated as a "Shanghai Free Trade Zone" in Waigaoqiao.

Zhou Guohua, the general manager of the company's fund management business, sighed heavily and said: "This fixed increase plan is really just like robbing money from the market."

.”

"That's not the case!" Xie Wanting next to him looked at the teacher and said with a smile, "Isn't there a lock-in period for fixed-income securities? It will not affect Waigaoqiao's short-term speculation. These institutions are only at the current point in time.

There are no more chips to buy in the secondary market, so I thought of this method, and... this should be good for Waigaoqiao Company itself, right? After all, after the private placement plan is completed, the company's operating funds will be more abundant, basically
To be continued...