Refinancing, being scolded so badly, shareholders are asking: why can't it be completely and comprehensively and permanently shut down?
Today, the reason is **.
A very tragic case that has just happened: WuXi AppTec, can fully illustrate this problem.
On January 29, WuXi AppTec A-share refinancing bonds lended nearly 630,000 shares, while on January 25, before the news was exposed, less than 20,000 shares were refinanced in one day, which soared 30 times!
30 times ah, how crazy the bears are!
No wonder, this kind of big ticket of more than 200 billion can eat two down limits in a row!
Judging from the so-called negative situation, the United States is just a proposal, and it is scared like this before it has even been skimmed.
Looking at it now, it was deliberately shorted.
How much money did the bears make?
They can open short orders through stock indexes and options, and the leverage will fly, and then through refinancing and securities lending, they will take the lead in smashing the market, triggering funds to follow the trend and sell, and their short orders will make a lot of ......money
In addition, there is another topic fermenting in the past two days:**The company is also engaged in refinancing, lending the positions through refinancing securities and lending them to short sellers.
Including a CSI 300 ETF that is used to protect disks.
As we all know, the national team has been desperately buying CSI 300-related ETFs to save the market.
However, some ** companies have lent out the ** in their hands through refinancing, and sold them short to shorts, nominally to earn interest.
This includes a certain CSI 300 ETF that the national team has recently made a large number of consecutive **.
According to its own quarterly report disclosed on January 22, the value of the ** refinancing loan at the end of the period was as high as 138.6 billion:
Each of its top 10 heavy stocks has a partial stake in it that has been lent out through refinancing
The national team's ** guard plate undertook part of the selling pressure.
As a result, it was lent out again, lent to shorts, sold shorts.
After such an operation, **can you buy it?
I can't buy it all, I can't buy it all ......
A finite "bullet" can't do an infinite loop!
So, why can't refinancing be completely shut down?
Because of four words:The stakes are too great!
The interests of the bears are too great ......
Finally, let's talk about today's market.
The momentum of the bears has finally eased, and it seems that the risk of a snowball knocking in is almost in place.
In the past two days, the national team has no longer forcibly protected the SSE 50 and CSI 300, and the more they are protected, the worse the market sentiment will be.
On the contrary, today, funds began to pull track stocks (new energy, AI, chip semiconductors), and sentiment has picked up.
Pulling track stocks is still more helpful for restoring market sentiment and confidence, and I hope it can continue to ......