This weekend, Dongcai registered the news of "turning off the lights and eating noodles" and brushed the screen
What does it mean to "turn off the lights and eat noodles"?
Starting from December 7, 2011, the Chongqing beer black swan event broke out, triggering a continuous decline and a sharp decline in stock prices. On December 15, on the night when Chongqing Beer experienced the sixth consecutive "one" word stop, a netizen of the Oriental Wealth Internet Stock Bar published a post titled "Eating while Crying" at the Chongqing Beer Bar.
The content of the post is very simple, only a short sentence - I came home today, cooked some noodles to eat, cried while eating noodles, tears dripped in the bowl, and did not turn on the light. This shareholder did not have a word of complaint, a curse, a word of sorrow, not a word of pain, but his sad and numb, soul and body tormented state were vividly portrayed in just one sentence.
Today, Oriental Fortune staged itself "turn off the lights and eat noodles"! Stocks fell by nearly 15% during the session, what caused the sharp decline?
A single registration of a trademark that "turns off the lights and eats noodles" will not fall so badly. From a professional point of view, there are two reasons for the plunge of Dongcai:
First, Oriental Wealth has now entered the equity transfer period, in the first two equity transfer periods have shown a significant drawdown, the transfer of shares reached 15.8 billion yuan, there is a certain downward pressure itself; at the company level, recently, Oriental Wealth has issued a compulsory redemption announcement of convertible bonds, the company said that according to the arrangement, as of the close of the market on February 28, 2022, there has not been a transfer of shares after the "Dongcai Transfer 3", Oriental Wealth Information Co., Ltd. will be compulsorily redeemed at a price of 100.18 yuan / Zhang.
Second, from the perspective of public positions, most institutional investors entered in the third and fourth quarters of last year, as of 21Q4 active equity funds held 952 million shares, the third largest heavy stock in the public offering, and the current price has gradually broken through their cost line, so this position may further aggravate the volatility.
But no matter how to understand, I am more willing to believe that turning off the lights and eating noodles is itself the fuse of this plunge, right
Now in the ChiNext market, the Ningde era rebounded, Dongcai fell sharply, and the ChiNext index basically maintained a sideways. At the beginning, Dongcai was also a big weight, but it was said in the ChiNext board. Now the market turns new people for old people. The original little sweet column has become the cow lady.
Today, market sentiment is more polarized, and the decline in financial weights drags down the index, but individual stocks have shown strong resistance. On the motherboard side, tourism + medicine is very exciting. At present, the biggest expectation of the market is the concept of recovery in the post-epidemic era to drive popularity.
The special new crown oral drug was conditionally approved in China, and the time was a little faster than the market expected. It is also the biggest positive this weekend, and the epidemic that has lasted for two years has finally seen the dawn of unsealing. The signal behind the rapid approval should be that we will open the door this year! So, tourism last week around the "I want to travel" hype, this week began "how to travel". There are concepts such as focused vaccines.
Overall, the concept of recovery is currently highly recognized by funds, and it is possible to form further extended hype.
The above is purely personal opinion and is for reference only!