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Chapter 478: Eightfold increase at the opening

“69.8 yuan!”

Su Yue stared at the red number and was extremely shocked: "The market is really crazy with an increase of 802%. At the beginning of bidding, the price was pushed to such a level."

He glanced at the bidding list below the price and found that 12,000 hands had gathered.

"There should be investors who hold shares on the market, and take advantage of the channel to promote the fire!" Su Yue glanced at the composition of the bidding order and said secretly.

For this type of stock that has been suspended for a long time and has been successfully reorganized.

On the first day of resumption of trading, there is a typical speculation technique, that is, large stockholders on the market, take advantage of the channel advantages, and join forces with several seats, using the on-site chips and off-market large orders to quickly push up the bidding price to achieve the goal of making a significant profit in the chips in hand.

These large number of orders participating in the bidding will be quickly withdrawn before 9:20.

However, as long as the follow-up market is attracted, many retail investors who hold shares on the market understand the preciousness of the chips in their hands and guide off-market funds to pursue at high prices, then the purpose of such large funds buying at high prices will be achieved by pushing up the bidding price and making the chips in their hands appreciate significantly.

This form does not consume money, but only creates an illusion.

Even if it fails, it won't affect anything.

Therefore, many large investors participating in the restructuring of concept stocks like this bidding and controlling the market the most.

"The twelve daily limit increases before the suspension of trading a year and a half ago by Jinzhou Liulu seemed to be really not simple." Su Yue said intimately, "With the current market popularity and securities valuation system, these guys on the market have really made a lot of money."

He doesn't plan to participate in this check anymore. Today, just watch it as a fun.

Because the funds on the field are not simple, he will inevitably be able to get the fate of being harvested by the other party when he rashly goes in.

As the bidding time went by, the 802% bidding increase not only did not decline, but continued to rise.

Such unexpected bidding trends completely stunned online, offline, retail investors, hot money, and all investors who are following this stock.

"Damn it, the 8-fold increase is directly, plus the 12 daily limit increases before the suspension, wouldn't it be a total of 16 times?"

"In a year and a half, 16 times, the profits earned by shareholders on the market, instantly surpassed the most powerful investors in the market!"

"It's so profitable, so envious!"

"I remember that I had bought the stock of Jinzhou Liulu at the beginning, but I didn't stick to it until the end. Alas... If I kept holding on to the stock, I would be financially free in the face of a 16-fold increase."

"Where is the guy who held 100,000 shares yesterday?"

"Waiting for a year and a half, we have achieved 8 times the increase, 100,000 yuan of investment, and 800,000 yuan of profits. I am really envious and jealous!"

"It was originally expected to be a 4x increase, but I didn't expect it to rise 8x at the opening, which was much bigger than expected. Everyone, it really exceeded expectations. The stocks related to the 'financial concept' may have risen again today!"

As he said, everyone began to focus on many "financial concept" stocks related to Jinzhou Liulu.

"Hey, it's not right. Why are *st Zhujiang, *st Information, Lansheng Co., Ltd., Zhenghong Technology and other tickets? The bidding opened sharply lower, and there were two marginal concept stocks, and the bidding hit the limit, which is not a good sign."

Xu Xiang nodded and said, "Sell all the holdings of these pure concept stocks today. Since all the funds have chosen to cash out the favorable situation, then in the short term, these stocks will probably have no market conditions. If you want to speculate in the future, it is probably based on Jinzhou Liulu as the fulcrum."

Xiao Wu responded, turned his head and ordered the trader to quickly place the sell order.

"The bidding for Jinzhou Liulu has increased by 850%. "Xu Xiang turned his attention back to the bidding for Jinzhou Liulu, "Are these funds crazy? Such a high price still topped up."

Originally, the price he expected was four or five times, but now it almost doubled compared to expectations.

"I really can't understand it." Xiao Wu continued, "According to the assets injected by Northeast Securities' backdoor consideration, the current valuation is already 70 to 80 billion, right? Northeast Securities is not a big brokerage firm. If it can estimate 70 to 80 billion, then Huaxin Securities and Huatong Securities will not be 70 to 80 billion?"

Xu Xiang was silent for a moment and said, "Look at the trend first. The high opening of more than 600% is no longer worth participating in. At this time, it is better to participate in the "financial-stakeholder" related stocks. At least for now, with the valuation produced by Jinzhou Liulu, Oriental Entrepreneurship is much underestimated than it."

While the two of them were talking, they arrived at 9:25 and the bidding ended.

The final price of Jinzhou Liulu was 74.86 yuan, an increase of about 863%, and the turnover was 342 million yuan.

At the same time, the "Financial Concept" sector focused on pure concepts and backdoor concepts, all of which fell sharply, with a minimum drop of 3%. Among them, three checks, bidding hit the limit, and the turnover volume exceeded 50 million. However, the stocks focused on "staking shares in finance" rose sharply.

Oriental Entrepreneurship is still opening on the board, with a turnover of about 15 million, and it has not increased in volume.

Jinlong Co., Ltd., Huading Co., Ltd., Yatai Group, and Jinfeng Investment all opened more than 5% higher, and the strength remained the same.

Facing the entire financial concept-related stocks, the opening results of such large retail investors online and offline have begun to get angry, and they are almost 10,000 grass horses in their hearts.

"What kind of garbage trends? Why do many backdoor stocks and concept stocks that are closely related to Jinzhou Liulu have fallen sharply when Jinzhou Liulu soared, while the "financial" stocks with little connection still rise sharply across the board? Do you have any grudges against me? Which one buys, which one falls!"

"I can't understand this trend at all. I thought it was a suppression, but I didn't expect it to be a complete shipment and departure."

"Zhenghong Technology directly hit the limit and opened, how panic is there?"

"Are these funds that are eager to appear crazy? Jinzhou Liulu has obviously risen sharply and does not smash the market. Following the old demon in the East will raise more profits?"

"Forget it, it's useless to say that these are not good. Since the market has chosen this way, we can only follow the trend and sell it."

"It's a pity that I accidentally ate a limit down, and I feel so angry when I think about it."

"I bought at the bottom in the early trading and increased my position in Zhenghong Technology. I didn't expect to hit the limit directly. What should I do now? According to this trend, even if I don't lose money today, I will lose money tomorrow!"

"Hey, these concept stocks are so weak that they can't understand them, but like Dongfang Lao Yao, Jinlong Co., Ltd., and Huading Co., Ltd., they are so strong that they can't understand them."

"Remove the weak and keep the strong. Since these concept stocks are so weak, they can only make profits and continue to increase their holdings in the front-line stocks of the "financial" type."

"Those stocks are dominated by institutions and funds. Even if they encounter adjustments, they should not be so severe."

"It's a pity that the old demon in Dongfang has never opened the board. He doesn't even have a chance to participate."

"It's been 13 days since the 14th day. At such a high position, opening the board is probably the time to adjust, but it's really perverted. According to the market popularity of this stock, even after opening the board, there will definitely be a second wave of speculation."

Amid the complaints of everyone, they arrived in an instant at 9:30.

The stock price of Jinzhou Liulu rose rapidly under the push of many funds, and within one minute, it exceeded 78 yuan, with an increase of more than 900%.

The pursuit of this stock is beyond imagination.

Su Yue sat in front of the computer in the trading room, looking at the opening results and the crazy pursuit of funds, and was shocked, and gave up any plans to participate.

"Xiao Su, Jinzhou Liulu's trend... is beyond everyone's imagination!"

In the internal group, Yang Liguo sighed.

"This trend reminds me of the day when Huagong International was listed last year." Gu Yunxi said, "I hope that today, Jinzhou Liulu will not copy the trend of Huagong International's listing. Otherwise, the stocks we hold in Oriental Entrepreneurship, Jinlong Co., Ltd., Huading Co., Ltd., etc. will probably be greatly affected, and it may even cause the entire 'financial concept' sector to collapse."

When Su Yue heard Gu Yunxi's words, he passed through his mind the situation on the day the Huagong International was listed. He pondered for a moment and said, "Sister Yunxi is right, you must be careful."

"In addition to Oriental Entrepreneurship, start reducing positions in the 'financial' stocks!"

Su Yue thought for a while and said, "Even if the trend of Jinzhou Liulu can open high and close high today, setting an increase that exceeds the market expectations, it is not easy for the funds that rushed into the market today to appear in the future, with the death turnover rate."

"No matter how Jinzhou Liulu goes today, it will probably be a sharp drop in the next few trading days."

"At this time, the reduction of positions is to prevent Jinzhou Liulu from copying the original trend of Huagong International and causing the collapse of the entire 'financial concept' sector. Second, it is indeed the time to reduce positions and lock in profits."

The three people in the group responded, and had no dissatisfaction and quickly began to execute.

A few minutes later, five or six stocks including Jinlong Co., Ltd., Huading Co., Ltd., and Jinfeng Investment, which had risen sharply, began to sell a lot on the market.

All of these stocks are participated by institutions and funds.

Therefore, when everyone was selling, they did not have as much concern as they were yesterday.

1,000 lots, 2,000 lots, 5,000 lots... Many selling orders emerged, and many institutions and funds that were paying attention to the changes in the market, and instantly noticed this abnormal movement.

"Short your position at this time..."

In Huizhou, within Shangyun Investment, fund manager Zhu Maofeng frowned and said intimately: "Is it because he is afraid that the sharp drop in pure concept stocks will affect the 'stake in finance' stocks? Jinzhou Liulu has just opened up a new valuation space for securities. It is not wise to reduce positions at this time!"

"Old Zhu, is there any problem?"

Shang Yun Investment Boss, Chen Shanghua asked in a deep voice.

Zhu Maofeng paused and replied: "I can't say it, I always feel something is wrong, but I can't think of a reason. The market trend is very good today, but the amount of funds for reducing positions is really too large. I don't know if I should take it."

"Where is Oriental Entrepreneurship? Is there any increase in volume?" Chen Shanghua asked.

Zhu Maofeng shook his head: "It's still as stable as Mount Tai, with no sign of increasing volume. Currently, the stock price of Oriental Entrepreneurship has reached 26 yuan. It is estimated that it will be worth more than 30 billion yuan, and the stock price of more than 30 yuan will be opened."

"Since Oriental Entrepreneurship has not changed at all, it is OK to take some bargaining chips appropriately," said Chen Shanghua.

Zhu Maofeng thought about it, smiled faintly, nodded, and said, "Maybe I'm really thinking too much. I'm afraid this stock is really worried that the sharp drop in backdoor concept stocks will affect individual stocks of 'stake in finance', so I chose to reduce my position."

Just like Shang Yun investing in funds, many institutions and funds have noticed abnormal market movements at this moment.

After a brief hesitation, he chose to continue buying chips.

Su Yue's position reduction action, following the strong follow-up of funds, did not cause severe stock price fluctuations in the market of these stocks.

The market trend is still differentiating.

Pure concept stocks that rose sharply in the early stage, restructuring stocks, continued to decline after opening; Jinzhou Liulu's stock price continued to rise under the rush of funds, and the increase had reached 955%, ten times, just one step away; "Stake in Finance" stocks rose sharply with Jinzhou Liulu, with a strong trend and no fear of any selling.

Moreover, because the new valuation space of securities is opened.
Chapter completed!
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