The fund entered the market at a low point, and it increased its holdings of large-cap blue-chip stocks such as steel and energy. The "five golden flowers" led the rise. These were originally expected by Chen Qiaoshan, but it happened to be a coincidence that his plan was able to continue to be implemented.

The capital market is always realistic and short-sighted.

The statement made by the CSRC yesterday led to a panic plunge in the domestic stock market. This is actually a stress response of the market and is completely irrational.

The statement of the CSRC seems to be meaningless and has no definite direction. However, it is related to the news that Southern Securities is under administrative custody, and the meaning is self-evident: the target of strict supervision is major securities companies, with the purpose of reducing illegal operations such as misappropriation of customer margins and protecting the interests of small and medium-sized investors.

Fundamentally speaking, the purpose of the CSRC is to promote the healthy development of the capital market, but the market is not grateful and there are completely opposite results from expectations.

Chen Qiaoshan knew that this was actually the "herd effect" that was once again showing its power.

The culprit of this plunge is actually securities companies. In today's securities market, supervision is seriously lagging behind, and violations of regulations and laws are emerging one after another.

Many securities companies even directly enter the secondary market to participate in the stock market as a market leader. Southern Securities is the most typical example.

As the China Securities Regulatory Commission released news of strict supervision, securities companies naturally changed their voices.

Today's securities companies rarely have clean under their butts, otherwise they would not have been shut down in 2004, and more than half of them were punished.

Chen Qiaoshan knew that the CSRC must be here to be serious this time.

Tianyi Securities was on the list of closed securities companies. Thinking of this, he couldn't help but secretly reminding himself that it would be better to get rid of himself as soon as possible when the matter of Guotou Electric is over.

To be honest, the daily limit of Guotou Electric was unexpected by Chen Qiaoshan.

Although Guotou Electric Power is a power company, it is only a second-tier blue chip. The surge is definitely not the reason for the participation of funds.

Chen Qiaoshan didn't think further. He opened the trend chart of Guotou Electric Power in the morning, looked at it for a few times, and then he saw the problem.

The opening was very stable, but a large number of buy orders suddenly poured in during the session, and the stock price was pulled up straight and finally hit the daily limit.

Chen Qiaoshan knew that this was not a method of speculation by the dealer, and they would not be so anxious to build positions. In addition, with the current market situation, no one dared to be a dealer at this time.

The Chinese stock market in 2003 was a year of adjustment and a year of turmoil.

The stocks in the market are gradually declining, and institutional investors are gradually gaining the right to speak.

There are endless incidents of bank dealers being exposed. It is precisely because of this that the domestic stock market bid farewell to the era of bank dealers being savage.

Thinking of this, Chen Qiaoshan gradually had a vague idea in his mind.

He wanted to find the article he posted a few days ago, but he found that the prediction article was actually posted on the homepage by the Finance Channel again.

Chen Qiaoshan did not hesitate and clicked in directly. As expected, the comment area was already very lively.

He knew that due to the accurate prediction of fund entry, the role of the stock market charlatan appeared, which led to the sudden daily limit of Guotou Electric.

Chen Qiaoshan breathed a little relieved, but unexpectedly, by accident, he made the matter come true.

It also means a lot of twists and turns. According to the original history, 1307 points was originally the lowest point of the Shanghai Composite Index this year.

Chen Qiaoshan was originally full of confidence and took advantage of the low point to enter the market. He thought the risk had been minimized, but he did not expect that the China Securities Regulatory Commission suddenly broke out, which almost forced him to clear his position.

He couldn't help but be alert. He could escape by chance this time, but not next time.

The predictions in that article have been fulfilled so far, with funds entering the market, blue-chip stocks leading the rise, and the rest can be basically foreseeable. With large-scale blue-chip stocks supporting the market, it is difficult for the market not to rise.

Chen Qiaoshan knew in his heart that the round of increase led by the "Five Golden Flowers" could not stop in a short period of time, and would directly push the Shanghai Composite Index to a high of 1,700 points.

The tragedy will happen at that time, and the government introduced new policies. Just the week after the document was released, the market situation took a sharp turn and began to fall for a whole year until it fell below the 1,000 point mark. China's securities market has since entered a cold winter, and a large number of securities companies are on the verge of bankruptcy.

The new policy that urged people to death was called the "Nine Regulations of the People's Republic of China", which was introduced at the end of January 2004, less than two months ago.

Chen Qiaoshan knew that this period was the only moment in the bear market that was so powerful that he had to seize it.

The market soared by 40% in less than two months, and was cut in half in the next few months, and soared in a short period of time, which made the domestic stock market so crazy.

In its original trajectory, Guotou Electric finally stood out, transforming from an undervalued supporting role to a strong stock that ran past the market. Within two months, the stock price directly doubled.

Chen Qiaoshan thought about pushing Guotou Electric Power on the right track in advance, and now that the capital allocation risk period has passed, should we keep a low profile, try to interfere as little as possible in the future, and get the profits safely.

The idea is good, but reality always makes people helpless.

On December 3, a financial news accidentally broke into the public's attention. The Shanghai Stock Exchange issued an announcement to the public that hops were specially dealt with.

The so-called special treatment refers to the abnormal situation of a listed company and the stock may be delisted, and the exchange will issue a risk warning to it.

After more than two months, the hops finally settled.

Because the matter was detonated in advance, the person responsible for the hops that had originally evaporated in the world was controlled by the police, and the matter was quickly cleared.

On December 6, Guilin Tourism plummeted, and news that Qingtai Trust, which was suspected of "subscription", had broken its capital chain spread wildly.

The reason why this news attracted attention is because of rumors in the martial arts world that there is a shadow of the Delong family behind Qingtai Trust. The news is so evident that many people believe it. The reason is very simple. A partner of Qingtai Trust was originally a core person of Delong and had a close relationship with Tang Wanxin.

Immediately afterwards, Jinxin Trust, New Century Financial Leasing, and Xiamen United Trust, a subsidiary of Delong Group, successively reported fund redemption issues, and the problems of Delong Group's capital chain were fully exposed.

Immediately afterwards, the stock prices of Delong listed companies fluctuated slightly, and the crisis was about to break out.

At the same time, this structural bull market led by the "Five Golden Flowers" is climbing through the obstacles according to the original path.

Thanks to Chen Qiaoshan's accurate prediction, Guotou Power has become the focus of the market. In just one week, the stock price has increased by more than 30%, becoming the largest dark horse among second-tier blue-chip stocks in this wave of market conditions.

Chen Qiaoshan was a little excited and worried.

Guotou Electric Power is in a strong trend, and there will definitely be no major fluctuations in the short term, and the short-term returns are already considerable.

The problems of the Kedelong Group have already broken out. If Tang Wanxin does not raise enough funds within a week, his credit will collapse and there will definitely be a large-scale run in his financial industry.

Not to mention the mass incidents, there are nine listed companies under the Delong Group, and the total market value is also significant. Once it collapses, it will inevitably lead to a chain reaction.

Chen Qiaoshan is not worried about anything. In September, the hop problem was ignited, causing the Northern Xinjiang stocks to plummet.

Compared with hops, Delong Group is undoubtedly a behemoth. If the third stock collapses, the impact on the market can be imagined.

Chen Qiaoshan has deeper concerns, and the issues of the Delong Group have definitely attracted the attention of the China Securities Regulatory Commission.

If there is a problem with the Delong Group, it will definitely cause a large fluctuation in the market. Many people will definitely not want to see this situation.

After all, the stock market stimulus measures implemented in the middle of the year have finally come into effect and have not yet enjoyed the dividends brought by it. They will definitely find ways to maintain the rising situation. The ability of those in the China Securities Regulatory Commission is really unpredictable.

The outlook is not clear, and this wave of blue-chip stocks leading the rise may stop at any time, and Chen Qiaoshan's concerns have deepened a little further.

After thinking for a long time, he took some attention and lowered his original expectations.

If you want to be content, it is impossible to eat a fat man in one bite.
Chapter completed!