The recent plunge in the stock market, the Shanghai Composite Index fell below the 3,000-point mark last Friday, and continued to fall on Monday, so that Hu Xijin, former editor-in-chief of the Global Times, who has just been involved in the stock market for more than three months, could not bear it, and issued an article after yesterday's mainland stock market closed shouting that the stock market cannot be allowed to continue to fall!
On June 26 this year, Hu Xijin posted on Weibo that he did a "big thing" that day: opened a stock account for himself, officially entered the Chinese stock market, and became a "shareholder old Hu". At that time, many netizens commented that "one more leek", "Lao Hu, the probability of you becoming a leek is 99%", "Lao Hu, be careful to fry the pension is gone", "Lao Hu, beware of wearing a mink coat to go in, come out with a bare ass".
However, on June 27, Hu Xijin announced on the report card of the first day: 100,000 yuan entered, and the book profit on the first day was 104.78 yuan. On June 28, Hu Xijin wrote on Weibo that the closing profit reached 226.43 yuan, an increase of more than 120 yuan over the 27th. He also wrote on Weibo, "But I remind myself that in the stock market, good luck is not permanent, and be prepared to be hit by an instant turnaround." ”
On the morning of June 29, Hu Xijin said that at the low point, he bought two additional stocks, and the position that was originally invested in 100,000 yuan was basically full, and he transferred 100,000 yuan to reach 200,000 yuan, taking the second step into the stock market.
About a month after entering the stock market, on July 28, Hu Xijin posted on Weibo, "Today is another day of great prosperity, and the old Hu account has made a new profit of 3,080 yuan." Since then, Hu Xijin has continued to increase his holdings of A-shares.
As of September 7, Hu Xijin's investment in the stock market had reached 470,000 yuan, he said, "I want time to prove that Hu, an old comrade who has seen some of the world, is not a fool." However, A-shares continued to decline during this period. On October 18, Hu Xijin's account loss exceeded 30,000 yuan for the first time, reaching 31,142 yuan. On October 20, the Shanghai Composite Index fell below the 3,000-point mark for the first time this year, and Hu Xijin lost more than 40,000 yuan. On the 23rd, Hu Xijin also posted on Weibo, saying, "Lao Hu added a loss of 4,028 yuan today!" ”
According to Hu Xijin's Weibo post, a reporter from Beijing Youth Daily found that he lost more than 10,000 for the first time and took 60 trading days; Book loss increased to $17,358, a total of 67 trading days; loss of more than 30,000 yuan, 77 trading days; 79 trading days lost more than 40,000 yuan.
In the face of the continuous decline of stocks, its investment losses are also expanding, Hu Xijin issued another article yesterday, saying that the Shanghai market fell 1.47% today. The stock market is a "barometer" of market confidence, and market confidence is a "weather vane" of social confidence, and this fundamental attribute cannot be forgotten.
Hu Xijin pointed out that "the fundamental problem is still weak confidence, and the low confidence in the stock market also reflects the current lack of confidence in the whole society." He also stressed that "the stock market cannot be allowed to continue to fall" and that "in a relatively sluggish economy, it could mean more risk and uncertainty." ”