Today's Shanghai Composite Index has almost no suspense to fall below a new low since February 2019, theoretically, investors' margin accounts back to five years ago, considering that only the current bank stocks are supporting the Shanghai Composite Index, in fact, there are 422 ** one day decline of more than 15%, and 2289 companies** today's decline in 9More than 95%. Therefore, compared with five years ago, I believe that the ** account of the vast majority of shareholders has shrunk.
Yesterday, there was actually a reader who said, you complain all day long, how can it help investors?
First of all, I don't think I'm complaining, I'm telling you that there are too many problems in the construction of the system in this market. I tell you this, that is, I hope that after entering this market, you can be cautious and cautious, so that if some readers read it, they should be vigilant about this market and do not act rashly, then, they may be wary of today's **.
Today's market is more tragic than the 1,000-share drop limit of the year, because the volume of today's market has increased a lot compared with the scale of the year under the fast-paced registration system. Moreover, such a ** will be a snowball, if you can't quickly take measures to reverse it, it will pull more companies down like an avalanche: because of the explosion of various real estate companies, causing many trust companies to burst into the thunder, trust companies to thunder, will make the third-party financial company plus the bank's financial products thunder, and then make all financial institutions begin to thunder, because the funds are liquid, any piece of assets, there will be funds from all sides invested in it. The only way to save the company is to cut out the slag, and to cut out the slag, it will inevitably drag down the major shareholders in the brokerage or bank pledged by the ** to be forced to liquidate, and once the forced liquidation is triggered, it will trigger a larger stock price, and the bigger *** will drag more people into the water.
That's the terrible thing about financial risk! In mid-December, after a new low of four trading days a week, I reminded the rescue measures to be introduced quickly, and repeatedly warned that restricting securities lending is not good, but the essence is a big negative, because the policy always changes, and everyone wants to go early and determine. Because what investors are most worried about is uncertainty. Second, if the speculation is halfway through, the tools for hedging risks in the hands of medium and large investors are suddenly confiscated, then it is not a problem of hedging by securities lending, and it will directly evolve into a problem of liquidation. However, a certain meeting was led by the nose by some **, blindly restricting securities lending and lending, and finally caused such a ** situation.
Of course, the bankruptcy liquidation of Evergrande Real Estate, the largest developer, by the Hong Kong court can also be said to be one of the fuses of this round of **.
The market is obviously worried: will other developers follow in Evergrande's footsteps? If Evergrande is not the only one that has fallen, and if the listed companies that have fallen also hold the ** of other companies, then once the auction is liquidated, can these things still be expected to have a good **? So what awaits those bonds and the holders?
According to incomplete statistics from the Financial Associated Press, 12 listed companies, including Xinqianglian, Tianhao Energy, Leon Technology, Oriental Materials, Yongan Xing, Stellar Technology, Shandong Zhanggu, Richen Shares, Power Source, Dongshan Precision, Guizhou Tire and Hangxiao Steel Structure, issued shareholder supplementary pledge announcements after trading today. In addition, Sealing Technology, Jingu Shares, Golden Eagle Shares, Shangfeng Cement, Sinosteel International, Seven.
One. 2. 20 listed companies, including Nanwei Software, Rongta Photosensitive, Ningshui Group, Baili Electric, Chengchang Technology, Luo Niushan, Taiji Shares, Zhongjing Technology, Neptunus Biotechnology, Tongda Shares, Haide Shares, Shanghai Ganglian, Aimeike and Winbond Health, responded to whether there is a pledge risk. Among them, Golden Eagle replied on the interactive easy that the company's shareholders' equity pledge is at a normal and reasonable level, and there is no pledge risk at present.
If the market goes further, there will be more and more such announcements, and if the major shareholders can't come up with money to supplement the pledge, then what will happen next must be known to the old shareholders who have experienced the drop limit of thousands of shares. It's not that I don't want to make it clear, but the price of the ban will only be greater, and I won't even have a chance to prompt.
Today, the Agricultural Bank of China has also hit a record high. If the economy is failing, how can the banks that lend money to the company do well?
In addition to the Industrial and Commercial Bank of China, which did not hit a new high, the other two of the four major state-owned banks also hit a new high. Considering the weight of the four major banks, if there were no funds to hold bank stocks firmly today, I am afraid that the index would have fallen below 2,600 points long ago.
Interestingly, in terms of today's market, science and technology innovation**, GEM**, including double creation**, have actually risen well. Mainly in the gem category, there are heavy positions in some new energy stocks, such as CATL, because the proportion in the index is too large, this **rise, drive the relevant sector**, and the probability of driving the relevant index***
In fact, today, according to the classification of Tongdaxin, there is once again a miracle of 251 concept plates, and what is even more desperate is that among today's industry sectors, only one of the banking sectors is **008%, all the rest, including software services, culture, education, leisure and transportation equipment and other 5 industry sectors, because there are more entrepreneurship and entrepreneurship categories, today's ** range is more than 10%!
Yesterday, a friend asked me, is there no rescue measure that can be used? Wrong, there are many measures that can be used, it depends on whether you have the courage to use it, whether you are willing to use it. At least you can suspend the issuance of new shares, not to suspend it, and to study the Beijing Stock Exchange to use cash to play new, after the new market, except for the founder and company executives are restricted, intermediaries are restricted, and the rest are listed on the first day. If the counterfeiters are discovered, they will be fined all their net worth and compensated to the injured investors. In addition to shouting slogans, there are actually many things that can be done.