Traditional Culture Encyclopedia - Travel guide - What is Wenzhou gang in the stock market?

What is Wenzhou gang in the stock market?

Wenzhou gang in the stock market refers to some hot money in Wenzhou, Zhejiang Province who especially like to speculate in stocks. They often use funds to limit stocks, then use retail investors to chase them, sell them directly for a few days and smash them in large quantities, and then make money to operate the next stock. Wenzhou gang's trading method is fierce. Theoretically, this is the same as Xu Xiang's death squad in Ningbo, which will cause chaos in the stock market.

The operation of Wenzhou Gang has the following characteristics: the stock selection sector is very small, and the circulating market value is less than 3 billion yuan, which is easy to pull up. Secondly, the Shanghai stock market is usually chosen, because the rules of the Shanghai Dragon and Tiger brand have always been harsh, and the trading of the Dragon and Tiger brand on the same day is very concealed, mainly to avoid catching up, avoiding hatred, and avoiding other investors from discovering their intentions early. Choose an unpopular stock, because it is not a active stock or theme stock, which will not increase the cost. The daily limit of the underlying stock is usually below 9.99%.

what is known in the market as? Wenzhou gang? Seats, generally Jiangsu and Zhejiang generation of hot money and some business departments in Wenzhou, as well as other business departments scattered throughout the country. Be vigilant when these seats appear on the dragon and tiger list. Due to the openness of information, the seats of the fund have spread to the whole country, which increases the difficulty of identification.

Wenzhou Gang mainly trades in the following ways: usually, it increases its holdings by about 5% in a short time, and the trading time does not exceed three weeks, which is short-term. The operation process of capital financing is very dangerous through the process of attracting funds, pulling up and shipping. Repeated operations on a stock, buying, selling, speculating, and luring investors, a stock becomes twice or three times, and investors are finally trapped. At the time point, most people will choose to operate in the afternoon, especially half an hour before the end of the afternoon, and in the morning, the whole plate will be more dull and in a volatile market. Specifically, after the end of the day's cash injection, they will obviously become the daily limit, but at this time the price may start to fall. When they fled the capital, it was just a personal trick of Wenzhou to help hype.