As investors have commented, rising stocks only stop falling, and falling things rarely explain the reasons. There must be a bubble in China stock market, but besides the bubble, there is more pent-up public anger.
There seems to be no other place to vent people's anger except demon stocks, which is why these stocks will go out of the ups and downs. The way to make money in the stock market by the family or institution of the richest man is nothing more than manipulating the stock price. The way to manipulate the stock price is nothing more than pulling and hitting, which is the legendary daily limit, daily limit and daily limit.
The stock market is easily influenced by policies, and when the policies are introduced, if the bull market starts, it will definitely help to rise continuously, but if the bull market ends and a bear market is ushered in, a favorable interpretation direction will naturally help to fall. The reason to help the poor is very simple, the best is bad, and it is easy to arouse people's panic.
Since June 20 15 12 at 5 178, the stock market has experienced a rare three-wave thousand-point correction. Every wave is accompanied by thousands of stocks falling, and hundreds of stocks are halved every time. What's more, the decline rate is over 70%, but the decline time is less than 1 month, which is rare in the world.
Next, the registration system came. Many stocks have lost their short-term downside, but in the medium and long term, it is hard to say whether the decline will stabilize from the development trend of the global economy.
"Demon stock" is the product of China stock market since its birth, and it is a natural interpretation of the nature of stock gambling by China people, because in any casino, money plays a decisive role in winning or losing.
Money, or stocks, is the core reason that determines the rise and fall of stock prices. Some people have money, some people have shares, but the ups and downs of emotional tendencies are the weapon for winners. Where the sword points, the winner is king.
But "demon stocks" often operate in the opposite direction. Under the general trend, mud and sand are everywhere, but they can stand out and insert thousands of fertile soil. Although we have experienced too many daily limit in this wave, the daily limit of 1000 shares has reached more than 20 times.
But even so, we still see many "demon stocks" with continuous daily limit. These days, the popular Tellus A, Meiyan Jixiang, GCL Integration, Haixin Food, shanghai putian, Zhongyida, Daheng Technology, Shenbao A and Guanghua Technology are all wave after wave.
In fact, no one doesn't want to make money honestly, but according to the trend of the market, the market has fallen by nearly 50%. How much better can that stock be?
If you want to be a big or blue chip of the main board, there are billions or even tens of billions of chips on it. Looking at the whole market, few institutions have the strength to pull these elephants up.
This is why elephants always lie still, or just move, and then come down. Because the money is not enough and the market environment does not allow it, it is too difficult to pull up.
After experiencing a bull market of 20 15 leverage, quite a few gamblers have disappeared directly or indirectly, because fund-raising, umbrella trust or financing have almost been eliminated by the stock market. Most people who are alive in the market now belong to the type of lying still, that is, the most powerless small scattered.
Because the lock-up is too heavy, because the stock price has fallen too much, fortunately, there is no leverage and it is still alive in the market. There are also some short-term customers who have always been the most active, especially those with extremely strict discipline.
The management has been expecting more people in the stock market to join the value investment and join the long-term shareholding camp, but if the stock market fluctuates so much, I think it is difficult for many people to be willing in the medium and long term.
Since April 20, 20 15, the continuous sharp decline of CRRC has basically opened the prelude to the callback. CRRC kicked off, and no one believed it or felt it. It turns out that CRRC is simulating the next stock market storm.
China CNCC went online for a month, and its share price fell by half. Unexpectedly, from June 14, in less than a month, almost all the stocks have gone through the waist cut. Is this the butterfly effect? Is that how dominoes collapse?
Both adding lever and removing lever have the function of reverse acceleration. Leverage can't be added to the end, and deleveraging can't be done.
Then, if one of the few financing sectors in the stock market experiences a market that can no longer fall, it can basically be confirmed that the deleveraging of the stock market is basically in place, and a new round of rise is about to kick off.
Let's talk about demon stocks again. Many people operate demon stocks, which may not be their original intention. They just don't want the stock price to fall too much. If they pull up, at least they can lose a little less.
But what I didn't expect was that after the stock rose, it attracted great attention from the market, and the follow-up effect of the stock price instantly reached a state of excitement. Just pull up the first two daily limit, I definitely didn't expect the stock price to rise by 5- 10 times (Telia). If I do, I guess no one wants to sell it, so I'll just lie down and wait and throw it away.
However, through our research and analysis, we can easily find that in fact, these raised funds are changed very frequently, that is, a big raised fund is changed and a baton is played almost every day or two. The end result is that in a short period of time, tens of thousands of scattered follow-up plates have been attracted, which is the best result, and there is no need to worry about distribution. I can't sell the stocks chased by the small fans.
As long as it is pulled up, there are bound to be small scattered takeovers, so pulling up has become the best way to ship. This kind of operation has undoubtedly been recognized by more major institutions, so in just over half a year, there will be dozens of stocks with continuous daily limit.
Under the general trend, ordinary investors are easily influenced by the fundamental research of the stock market and market analysis and judgment, which is why more people will join the camp of following the trend. This is also the experience of people who have survived more than 20 thousand shares in a row.
After two consecutive waves of thousands of stocks fell, this wave of rebound gradually began to shift to the main board stocks, while the continuous decline of small and medium-sized enterprises showed no signs of stabilizing. Coupled with the strict investigation of "monster stocks", the future direction of the stock market is really hard to say.
If the stock of the main board can effectively continue to rise, the stock market may also have a good rebound.
The rebound of 2638 points ended at 2933 points. After the second retracement, it seems increasingly clear whether the backward production capacity driven by policies can detonate this wave of market.
The hope of China stock market is that the trend of listed companies' share prices matches their intrinsic values, so that the market can be easily educated and investors can easily learn how to distinguish the value of companies. This may be the original intention of the management to crack down on "monster stocks", but the methods adopted must be appropriate and appropriate, and the stock market will be more promising in the future.
The registration system is the hope of China's economy in the future, so it must be implemented. Rebuilding the value of investors is a slow process. Therefore, it needs the reasonable guidance of large funds, mainly institutions and national teams. At least, there can be no more frequent thousand-share declines, otherwise the market will be too cruel to investors.
As for the next investment, it can be clearly seen from Friday's trend that the operation idea of main funds is gradually shifting to low-valued companies, especially those companies that have subscribed internally, those that have carried out equity incentives, and the companies whose share prices are obviously lower than the repurchase price of major shareholders are the focus of attention.
Regarding the rotation of the main board, we should treat it reasonably and don't blindly follow up. It is hard to say whether the national policy drive can prop up a new wave of market, but the bull market of the last chairman of the CSRC is still worth looking forward to.