On the penultimate trading day before the Spring Festival, many parties launched a big **, and the results were outstanding! The whole plate is filled with an optimistic atmosphere and a strong holiday flavor. The morning opened slightly lower, and the bulls immediately launched **, and continued to rise to a high of 1:45 after midday, and the major indices closed the long white line.
The Shanghai Composite Index closed at 278949, up 323%；The CSI 300 rose 348%, the GEM index rose 671%, Science and Technology 50 rose 65%, while the CSI 500 and CSI 1000 rose by 775% with 697%, the Beijing Stock Exchange 50 rose 95%。The CSI 2000 rose slightly by 202%, while the Wind Micro Cap Index is still down 4%.
The full-day trading volume was enlarged to 9362600 million, with a net flow of 126 northbound funds0.5 billion, I believe most of this is GJD's funds. The whole market rose, with 3,824 companies and 1,464 companies; There are 163 up limits and 161 down limits.
Last week and this Monday's ** is both urgent and deep, we know that the beginning of this year has fallen more than in 2023, and the beginning of 2024 can be divided into two stages, we take the CSI 1000 Index as an example, the first stage is January 2 - January 22, although this stage is still mixed with individual small yang lines, and three days later** into the second stage**, that is, January 26 to yesterday, this stage of ** can be said to be done in one go! In fact, the sniping of the bears in the second phase was very successful, basically knocking most of the snowball of the stock into it, and the dark forest law of A-shares came into play. (See "The Law of the Dark Forest of A-shares").
Not only that, but the financing balance has also dropped from 1,585 billion on January 2, 2024 to 1,420.5 billion yesterday, a decrease of 164.5 billion in the early part of a month, and a lot of bloody chips have been cut. At the same time, GJD's "big dealer" moves frequently and plays a series of ** battles.
The China Securities Regulatory Commission (CSRC) issued a reply to reporters yesterday during the day on the pledge, and last night it issued an answer to reporters' questions on the "two finances" financing business; Today, it issued an answer to reporters' questions on the announcement of the increase in holdings of ** Huijin Company, as well as answers to reporters' questions on the "two financing" securities lending business. In particular, for the "securities lending" business, it is required to suspend the scale of new securities lending and lending, with the balance of existing refinancing securities as the upper limit, and suspend the scale of refinancing securities of new ** companies in accordance with the law, and gradually close the stock. Basically, it makes it impossible to play with securities lending arbitrage, and it also responds to the discussion of this issue among many investors during this time.
At the same time, **Huijin Announcement: It has recently expanded the scope of holdings of exchange-traded open-ended index (ETF), and continues to increase its holdings and expand the scale of its holdings, and resolutely maintain the smooth operation of the capital market. That is to say, I not only bought the ** index SSE 50 and CSI 300, but also bought small-cap indicators such as CSI 500 and CSI 1000, which can actually be seen from yesterday's ChiNext, Kechuang 50, CSI 500 and CSI 1000 related ETFs.
It can be said that the point of yesterday's ** is not only the destination of the short-term bears, but also the point that GJD believes can be further intervened. In fact, according to the author's article "The ultimate bottom of this round of bear market may be in**? The speculated limit bottom point of each major index, yesterday's **CSI 1000 index was only 5 percent away from the limit point28% of the ** space belongs to the closest to the bottom of the limit in the main index. In this sense, the author believes that the current CSI 1000 Index still has room for the future.
As for other indices, after today's volume, the author thinks that they will once again enter the long-short balance pattern. Among them, the SSE 50 and CSI 300 may be weak in the near future due to the previous protection of the disk or stability; The CSI 1000, the ChiNext Index, and the Kechuang 50 may be strong.
Finally, the alarm of micro-cap stocks has not been lifted, and the CSI 2000 did not pull the red plate until more than 1 o'clock in the afternoon, and then fell back after rising to more than 4 points, ** only up 202%, there are still 30 constituent stocks that fell 90% or more**. At the same time, the exposure of some quantitative private index products on micro-cap stocks, as the current round of micro-cap stocks** into the negative feedback is not over, most of the private index products fell by more than 10% last week, if investors redeem next, micro-cap stocks** will continue.
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ps: In the past few days, the market has fluctuated unusually much, although the author has not much, but I still feel dissipated when I look at the disk, and I just came back and took a nap before I got up to code the word. I also hope that everyone will like it after reading the article and give encouragement and support! Thanksgiving!