When Gu Ailing won the freestyle women's big jump championship with 1620 degrees of super difficulty, the stocks with the word "valley" in the name of the A-share have risen to varying degrees, of which the highest increase in the three days of the Yuanwang Valley is close to 30%, and today's intraday rush back down, the volume fell.
Although some market voices dismantle the "harmonic terrier" and believe that this means "good wishes for Gu Ailing to win the championship from afar", from the perspective of capital logic, this speculation deviates from the company's performance pre-loss of more than 60 million yuan, and even forces the company to clearly respond that the company has no Winter Olympics-related products and no related cooperation with Gu Ailing.
The "Yuanwanggu style" trick hype, in essence, is the consonant imagination of speculative funds. This is not new in the A-share market. In 2008, in the middle of October before the start of the US presidential election, AUCMA had three consecutive stops; when Trump won the 2016 Trump election, Chuanda Zhisheng had encountered a capital ranking, and Xiyi (XiYi) shares simultaneously encountered a stock price kill; in the same year, a chemical stock "Red Star Development" with a business loss in A shares, the stock price was bizarrely increased for three consecutive trading days, the reason was related to the "collision" between this company and the company in the "Ode to Joy" that ushered in the finale.
One of the reasons why it is characterized as "speculative funds" is that from the perspective of the Dragon and Tiger list, the multi-channel funds involved in the speculation have also participated in the speculation of Individual Stocks such as Jiuan Medical and Yaben Chemical. More importantly, from a fundamental point of view, although the Yuanwanggu early card slot Internet of Things, but in recent years the performance of consecutive years of losses, the only profit is not dependent on the main business, the short-term performance of the stock price and the fundamentals of the divergence.
This kind of "harmonic hype" can be regarded as a variant of the A-share concept hype, and there are many similarities between the two. In particular, under the vague expectations, some investors will often abandon the relatively dismal fundamentals of listed companies and speculate on stock prices unscrupulously, and the final result will often be chicken feathers.
At the same time, this "harmonic hype" is different from the concept hype. Looking at the law of industrial iteration, many outlets are the result of market choices, and the concept sometimes becomes a hint of the arrival of the outlet. This also leads to some concepts in the A-share market, in addition to a considerable proportion of the lack of substantive support that eventually become a chicken feather (such as graphene), there are also a certain proportion of concepts that have gradually landed in industry and performance (such as artificial intelligence), thus driving the transformation and upgrading of the new industrial economy and micro-enterprises. On the other hand, "harmonic hype", at present, it is difficult to derive such effects to help real enterprises and the real economy.
The reason why the author believes that the "Yuanwanggu-style" harmonic hype is that another layer consideration should beware of some strong speculative funds to take the path of "harmonic speculation", take the continuous rise and stop board as an excellent bait to attract retail investors, and in the time slot where investors in the country express joy and congratulations to the Olympic champions, by pulling up the stock price, with the help of public opinion fermentation and investor sentiment, sitting and waiting for small and medium-sized investors to chase the wind, taking advantage of the opportunity to exit, and using the secondary market to harvest "leeks". Judging from the stock price of the relevant target, some funds have a high probability of falling into the bag.
On the one hand, investors need to remain rational, if there is a lack of substantial positive factor stimulation, and the performance growth of listed companies has not substantially improved, it is necessary to rationally look at the phenomenon of the sharp rise in the stock prices of related companies, whether for "pseudo-concept speculation" or "harmonic speculation", we should be vigilant against the "drumming and passing flowers" capital game; on the other hand, we also need the regulator to continue to strengthen the crackdown on suspected manipulation and other behaviors in the theme concept speculation, and put an end to the frequent layout of speculative funds "hat-grabbing" traps.