Reading Settings
Font Size
16px
Line Spacing
1.6
Reading Width
900px
Font Share
Theme
Text To Speech

220: With the launch of the Shanghai-Hong Kong Stock Connect, Wang Lin is at a temporary high point!

The news of Old Ma's company going public caused a stir globally.

Even ordinary people not in the industry can now casually drop a few terms.

This is the value of Ali Baba's IPO, this is the value cultivated by Double Eleven every year—oh, no, it's still called Singles' Day now.

The inherent value cultivated.

An absolute national-level software.

However, in the eyes of Stock Investors, this matter is only favored by those Stock Investors associated with Ali Baba's listed companies.

Others are not concerned about it; if they are, it's only out of envy.

Today's collective collapse of Brokerage Firms, however, attracted the attention of many Stock Investors.

After a crazy surge of more than double, Brokerage Firms finally ushered in a collective crash.

Especially the limit down of the dragon head CITIC Securities, which further hurt morale.

According to Wang Lin's previous words, this is called the 'dragon head limit down is a signal to flee for your life'.

But there's another saying: 'dragon head's first negative, aggressively add positions'.

In short, at every point, there are various signals for Stock Investors to either buy or sell.

Some like to hit the Limit Up, some like to Reverse the Limit Down, some like to enter mid-way, some like to chase gains, some like to hold overnight, some like to trade at the close... In short, all kinds of buying methods are normal, depending on personal risk preference and current stock holding status.

Just like today.

CITIC Securities hit limit down, which became a selling point for many.

But at the same time, it was a buying point for many others.

Everyone traded with each other on the market, calling each other 'idiots'.

"If you ask me, today's limit down is the end of the brokerage sector. There will never be such a crazy trend again!"

"Hmph, today is just a Shakeout. Have you forgotten CITIC Securities' Limit Down to Limit Up Reversal? I, for one, will continue to support brokerage stocks. The overall market index has been bullish for so many days; it's clearly a bull market!"

"A bull market? I only saw the Brokerage Firms' rally, and that's because the Shanghai-Hong Kong Stock Connect hasn't been implemented yet, and people are still speculating. If it really goes live one day, the speculation will end!"

"If it hits limit down again tomorrow, I'll buy the dip, or I'll buy the dip if it opens significantly lower!"

"I sold today, you rookies! You didn't buy during the main upward wave, but insist on buying when the main force is shipping out. Truly foolish people with too much money!"

"I'm really fed up. You bulls and bears can argue all you want, but why drag down the overall market index, causing my stocks to plummet too!?"

"Exactly! I'm really fed up with these Brokerage Firms, these old foxes. Whether it's a Shakeout or an end, please rally tomorrow so I can finish selling my shares!"

.

That night.

Due to the collapse of the brokerage sector, which triggered a dive in the A-Share Market, many Stock Investors were analyzing the reasons.

But no matter how much they analyzed, they couldn't figure anything out.

Instead, some bears unanimously believed that the collective high-volume limit down of brokerage stocks today was a very clear reversal signal.

From today onwards, the overall market index's 2700+ points would be the highest point, and there would be no higher.

As for the bull market everyone talked about, it was just talk.

Over the years, many new leeks have entered the market, but who dares to say that the bull market will truly come this time?

The bulls were also very anxious.

Buying the dip on this limit down was indeed very risky.

Fortunately, some people didn't buy too much: 20% position, 30% position, with the highest being 50% position.

Those who dared to go full position were idiots.

Those who truly liked brokerage stocks had already gone full position; today was their time to retreat.

At 9:30 PM that night.

A piece of news shocked all Stock Investors.

【Tomorrow, the Shanghai-Hong Kong Stock Connect will officially open!】

This news instantly ignited the A-Share Stock Investors.

What the hell?!

This news?!

Why did it come so suddenly?

Last time, the Shanghai-Hong Kong Stock Connect was only said to be opening, but the specific date was not mentioned.

Now, it's suddenly confirmed to open tomorrow, which is definitely a super positive.

At least for the bulls, this is a positive.

But for the bears, they also felt it was a positive.

"I knew it! Why were so many funds fleeing frantically today? Wasn't it because they knew in advance that the Shanghai-Hong Kong Stock Connect would open tomorrow? This is called 'good news for shipping out'!"

"If it's good news for shipping out, it should be shipping out tomorrow, not today!"

"Anyway, that's the correct way to understand it!"

"The official opening of the Shanghai-Hong Kong Stock Connect is clearly good news! What 'good news for shipping out'? That's just a fantasy of you people who don't have chips! It will rebound tomorrow!"

"I also think it will rebound tomorrow, because the main force can't finish shipping out in one day. Even if they use this news to ship out, they would have to open high tomorrow!"

The bulls and bears engaged in a fierce debate in the comment section.

Inside Junlin Finance.

Wang Lin had not yet returned and was in his office reviewing the company's various reports for the month.

When the news pop-up appeared in the lower right corner of his computer, he was also stunned.

What the hell?

Did this thing come so suddenly?

Immediately after, the system's prompt arrived.

【The opening of the Shanghai-Hong Kong Stock Connect provides foreign capital with another channel to enter the A-Share Market. Brokerage Firms will rebound to Limit Up tomorrow!】

This prompt came at the most opportune moment.

"Picking up passengers on a pullback, this is the real picking up passengers on a pullback!" Wang Lin couldn't help but exclaim, looking at the brokerage stocks he had crashed today.

If anyone had adhered to the 'dragon head's first negative' strategy today and went all in, they would truly feast tomorrow!

"I originally thought the 30 billion yuan for tomorrow would be sold at rock bottom, but who knew, even heaven opened its eyes and gave me such an opportunity. All 30 billion yuan will be dumped at the Limit Up!"

"Don't foreign capital like to buy? Then let them all buy at the Limit Up!"

At the same time.

Tomorrow, due to the blood-sucking nature of Brokerage Firms, stocks in other sectors will definitely be under pressure again.

This is also Wang Lin's opportunity!

"Notify the Traders to prepare early tomorrow. After these brokerage stocks are sold off, we will have ample funds to allocate to other sectors!"

Although the rise of brokerage stocks will span this year and the first half of next year.

The subsequent gains will clearly begin to shrink.

At the very least, it doesn't align with Wang Lin's desire for a full position.

Therefore, leaving more than half of the chips and selling as it rises is the trading method of a mature Institution.

Wang Lin hasn't forgotten that there's still a wave of interest rate cuts at the end of this year.

At that time, it will also be the moment of a collective surge for Brokerage Firms.

It will also be the moment Wang Lin finally liquidates all his brokerage holdings.

The current sale of 60 billion yuan is only a small part of Wang Lin's current holdings.

But these 60 billion yuan are enough for Wang Lin to pre-arrange other sectors.

.

The news of the official opening of the A-Share Shanghai-Hong Kong Stock Connect also caused a stir on Wall Street.

After all, they had learned through various channels about the incident where Morgan Ored, the direct descendant of the Morgan Family, was defeated by a certain Chinese Institution.

Goldman Sachs: "It's finally opening! Now Morgan and them have no reason to use 'insufficient chips' as an excuse, right? This time, we're also going to make a big move in the A-Share Market!"

Barclays Bank: "Hmph, Morgan is simply disgracing Wall Street! It's up to Barclays to show the A-Share Market the strength of Wall Street!"

Citi Group: "Morgan's operation this time really made me laugh. To be beaten black and blue by the Chinese, and in the financial sector no less!"

Wells Fargo Group: "Let me do it tomorrow. I've been coveting the A-Share Market for a long time!"

Prev Next

🔊 Text To Speech

Listen while reading

Ready