We people are so happy today!
Because today's rise is indeed very high, the main broad-based indices are all red, and it is a day of joy. Looking at it, tears flowed down my face. It may be that the sand in the office is too windy and blind......
I hope that Village A and Aberdeen will rise for a few more days and have a good May Day.
1. 22.5 billion a day
As of the close, the CSI 300 rose 1.53% today, and the CSI 500 and CSI 2000 rose 2.14% and 1.53% respectively.
Large, medium and small caps all rose sharply.
Source: iFind, as of April 26, 2024
Northbound foreign investors are also buying like crazy.
The net purchase of A-shares throughout the day was 22.45 billion, far exceeding imagination.
In fact, the northbound foreign capital bought 13 billion net at noon, I was already amazed, the office exhaled, I didn't expect to buy another 10 billion in the afternoon.
continued to buy throughout the day, directly holding up the field.
Source: iFind, as of April 26, 2024
Hong Kong stocks are also bullish today, with the Hang Seng Index rising more than 2%. I calculated that the Hang Seng Index rose above 17,700 points today, and it was about 16,200 a few days ago, and it rose by more than 1,500 points in just a few days, and the momentum is also very strong.
Why is it suddenly so high?
Last night, the United States disclosed heavy data, Q1 U.S. GDP annualized QoQ growth of +1.6%, expected 2.5%. Q1 US core inflation +3.7% vs. 3% expected. The former was lower than expected, the latter was higher than expected, and the expectations for a rate cut weakened again.
However, the stagflation pattern has been formed, the bearish boots have landed, and foreign investors who are waiting and waiting have begun to increase their positions in A-shares and Hong Kong stocks in a big way.
In the industry sector, brokerages rose 6.5% today, and real estate also rose 5%, constituting today's façade. Both have "small compositions": the former is rumored to be merged and integrated, and the latter is rumored to be fully liberalized in first-tier cities after May Day......
A few days ago, when I was writing about banks and large financial funds, I also wrote about brokers, "If it were me, I would reverse the analysis." Buy securities and brokerage index funds on dips. ”
Image source: Haomai Institute
I didn't expect it to rise by 6.5% in one day, and the brokerage was so fast.
After screening, I found 5 brokerage funds, as well as 1 insurance fund, 6 bank funds, and 2 large financial funds, a total of 14. If you need a specific fund list and data comparison, you can get it by private message.
2. "The clown is actually myself"
Next, I would like to share with you two embarrassing stories. One is from a certain big coffee and the other is mine, both of which are personal experiences.
Let's look at a certain big coffee first.
After stopping for a long time, a big coffee finally posted the latest news. I've reviewed it in full:
A big coffee is probably around 3,000 points in the Shanghai Composite Index and invests 480,000 yuan. Later, when the Shanghai Composite Index fell to 2,800 points, another 120,000 were added.
In the period before the Spring Festival, the Shanghai Composite Index fell to more than 2,600 points, and a big coffee lost more than 80,000 yuan at that time.
But now, the Shanghai Composite Index has risen to more than 3,000 points. A big coffee not only did not return to blood, but the loss expanded, and the current loss reached 100,000.
Before investing, I felt that I was very good, just playing, so easy, and it was a big rise as soon as I made a move. But the result is not satisfactory, the index has risen back, small and medium-sized investors have lost more, and there have been many similar cases recently, and the clown is actually myself......
Source: iFind, as of April 26, 2024
Let's take a look at my own experience.
A few days ago, the regulator issued a fine of 320 million yuan for the illegal act of "fixed increase + refinancing and sale" of a nuclear titanium dioxide.
This incident also exposed the cattiness in the private placement fundraising.
In other words, in the past few years, I have paid attention to the comparison between the fixed increase price and the current price of major shareholders and institutions. I think that the big money is a huge loss, I can pick up the cheap, copy their bottom, and it is estimated that the big money will also remedy the rise or something......
I believe that there are many old irons who have similar calculations to me.
However, under the magical operation of "fixed increase + refinancing", in fact, major shareholders, institutions and other funds have already run away, and they have earned 30%-40%.
I also told you statistics last year: from 2018 to 2022, the private placement financing will reach 4 trillion yuan in 5 years, which is much greater than the reduction of holdings and IPO financing in the same period. The illegal operation of "fixed increase + refinancing" of a certain nuclear titanium dioxide may be just the tip of the iceberg in the ocean of fixed increase financing.
Source: iFind, as of December 31, 2022
Looking back at each of the participants, major shareholders, institutions, brokers, private equity, and large funds, each has its own way of making money. Only our small and medium-sized investors have to post upside down if they don't get anything.
I thought I could pick up the leak, but I was the leak, and the clown was me.
This situation and this scene make people want to cry first.
I feel that under the storm of strict supervision in the future, there will be more companies with thunderstorms and fryers.
In terms of investment, we give priority to investing in broad-based index funds as much as possible. Reliable veteran drivers and balanced active funds are also possible. These assets will be relatively much more stable, and they can also rise if they fall.
Then there are the advanced players, who can follow up and research industry index funds.
It can also be broad-based + veteran + industry theme.
As for our own blind speculation, even speculation in small and micro cap stocks, and chasing hot theme concepts, we can't play with big money! Stop early, don't fall deeper and deeper.
This article is the original of Haomai Academy, if you need to reprint it, please indicate at the beginning of the article that it comes from "Haomai Academy". Without authorization, no media or individual shall reprint it in whole or in part, otherwise it will bear the corresponding legal responsibility.
Disclaimer: The content of this article is based on public information research and does not constitute investment advice. Investors should make prudent decisions and bear risks independently.
Earn while learning, just buy the studio, for more content, you can follow @haomai workshop