Why did the birth of new demon king become a new battlefield for hot money?

category:Finance
 Why did the birth of new demon king become a new battlefield for hot money?


Hot money speculation

On the 3rd, Guosheng gold closed the trading limit, and its stock price reached a new high in the year, reaching a peak of 16.48 yuan at one time, making the market in a state of uproar. However, after diving, the final price rose 6.61% and the price was 15.97 yuan. The turnover of the whole day reached 2.88 billion.

During the period from November 26 to December 3, the company climbed the dragon and tiger list every day, and hot money from different regions beat drums and spread flowers, which promoted the stock price to rise continuously. According to the statistics of Chinese correspondents of securities companies, the recent hype of Guosheng financial holdings stock price mainly comes from Beijing, Shanghai, Zhejiang and Sichuan. In addition, sell-off plate for Guangzhou, Shunde, Nanchang funds.

For example, for three consecutive trading days from November 27 to December 1, funds from different business departments of securities companies in Beijing concentrated on buying and buying. Specifically, CITIC Securities Beijing Yuanda Road business department, Dongguan Securities Beijing Branch, Everbright Securities Beijing headquarters base business department, the three business departments in three days, a total of 188 million yuan. During the period from December 1 to 2, funds from Beijing began to sell one after another, with the above three business departments selling 111 million yuan in total.

And from Dongguan securities Zhejiang branch of the hot money also continued to sweep goods.. They bought every other day within six days, and a total of 76.84 million yuan was bought from November 26 to December 2.

In the near future, the new players are all well-known hot money. Galaxy Securities Shaoxing business department bought 169 million yuan from December 1 to 3, and sold 105 million yuan on the third. Guotai Junan Shanghai Jiangsu Road Sales Department bought 136 million yuan in the same period. During the period of December 2-3, industrial securities Shaanxi Branch bought a large number of seats, totaling up to 214 million yuan.

On the other hand, Shenzhen Stock connect funds are also willing to fast in and out. Buy in the stock market before the five consecutive days, and at the same time to see five days before the table. For example, on November 30, Shenzhen Stock connect bought 129 million yuan and sold 142 million yuan on the same day, both of which were in the first place. On December 3, Shenzhen Stock connect capital bought 71.0964 million yuan and sold 96.6889 million yuan, both in the fifth largest seat.

Second prompt trading abnormal volatility

It is worth noting that on December 3, Guosheng financial holdings late trading burst, and the companys share price withdrawal risk is large.

On the evening of March 3, Guosheng Financial Holdings released its second announcement of abnormal stock trading volatility in the near future, the last one was two days ago (1 day). According to the company, the deviation of closing price of the stock in three consecutive trading days from December 1 to 3 has reached 20%, which belongs to the abnormal fluctuation of stock trading.

So far, according to wind statistics, the brokerage index has risen 6.72% in the past five days. Recently, the performance of the securities sector has been weak. From the transaction volume ranking, the hot stocks on December 3 were Guolian securities (3.73 billion), CITIC Securities (2.97 billion), Guosheng financial holding (2.88 billion), CICC (2.83 billion), Guohai Securities (2.78 billion), first venture (2.68 billion) and Tianfeng securities (2.64 billion).

The non bank team of CSCI said that the risk preference of the stock market will usher in a short-term inflection point, and the possibility of short-term restless market will increase, and the high beta brokerage plate will benefit from it. The team said that under the background of two-way opening of capital market, merger and reorganization of securities industry is an important means to cultivate aircraft carrier level head brokers and protect national financial interests. Head brokers will gather market resources in wealth management, equity financing and other fields, so as to dominate in long-term competition. Small and medium-sized securities companies may be acquired at a premium, and their short-term valuation will be boosted. According to the new era securities non syndication team, in the past two years, the securities industry policy has gradually warmed up, the status of capital market has been improved, the importance of securities companies in serving the real economy has been strengthened, and they will also play a professional and market-oriented intermediary and service role in direct financing, factor allocation, price discovery, transaction circulation, etc. Maintain industry recommended rating. Source of this article: Yang Bin, responsible editor of securities companies in China_ NF4368

The non bank team of CSCI said that the risk preference of the stock market will usher in a short-term inflection point, and the possibility of short-term restless market will increase, and the high beta brokerage plate will benefit from it. The team said that under the background of two-way opening of capital market, merger and reorganization of securities industry is an important means to cultivate aircraft carrier level head brokers and protect national financial interests. Head brokers will gather market resources in wealth management, equity financing and other fields, so as to dominate in long-term competition. Small and medium-sized securities companies may be acquired at a premium, and their short-term valuation will be boosted.

According to the new era securities non syndication team, in the past two years, the securities industry policy has gradually warmed up, the status of capital market has been improved, the importance of securities companies in serving the real economy has been strengthened, and they will also play a professional and market-oriented intermediary and service role in direct financing, factor allocation, price discovery, transaction circulation, etc. Maintain industry recommended rating.