Across the sea: I have a daily limit system

However, the daily limit system has said that this money is entertainment money, which can be used for playing, but it cannot be used for stock speculation.

At this point, Chen Feng had nothing to say.

Therefore, whether to return the brokerage's money first, or to withdraw 4000 million first.

For a while, Chen Feng was also in a dilemma.

After thinking about it, I decided.

The money from the brokerage will not be returned yet.

When the time comes, let them separate and let the three of them help out.

After making up your mind.

Chen Feng has decided not to buy it today.

It's not even 11:30.

Turn on the phone again.

This morning, the broader market trend is not bad.

The index broke through 3600 points again.

Same as last time, out of more than 4000 companies, only more than 1000 are rising.

Most small-cap stocks are still lingering.

At present, the overall market value of the broader market is around 80 trillion.

In this 80 trillion market value.

Industry leaders account for most of the market capitalization.

For example, the market capitalization of Moutai can surpass hundreds of companies.

This also shows that under the current situation, funds are moving closer to the large market value.

Although their price-earnings ratio is high.

But organizations are still willing to join forces.

The trend of polarization is also becoming more and more obvious.

Interestingly, the vast majority of these companies with large market capitalization are held by institutions.

Small-cap stocks are mostly retail investors.

Generally speaking, the characteristic of retail investors holding stocks is that the time is short, and if they rise today, they may be sold out tomorrow.

Instead, institutions are not the same, most for the long term.

They all have a fixed holding period.

So, judging from today's situation.

Retail investors lose money, while institutional funds make a lot of money.

If institutional funds make money, they will naturally stick together.

This is already an open secret.

If you want institutions to stay out of groups, unless policy intervenes.

Given the current situation, polarization will continue.

This point can be clearly seen by referring to Hong Kong stocks and U.S. stocks.

Especially in Hong Kong stocks, the polarization is the most obvious. Cheap stocks cost a few cents a share, and no one wants them on the bad street.

The people who trade are all counted in single digits.

For this kind of stock, it has basically become a penny stock.

If you go to the Hong Kong stock market, you can find that the vast majority of stocks have no turnover or volume.

Even some high-quality bank stocks have a price-earnings ratio of two to three times, but the capital market simply doesn't like it.

It means you play your game and I play mine
This is the scary thing about polarization.

However, what surprised Chen Feng was.

In recent days, some stocks in the brewing industry, which have exploded in recent years, have seen a sharp correction.

A small number of liquor stocks have fallen continuously in just dozens of trading days, with a drop of as much as 30.00%.

It reminded Chen Feng that someone had analyzed the liquor industry before.

The market value of the entire brewing industry is six trillion.

The corresponding annual profit is only hundreds of billions.

Over the years, the liquor industry has only risen but not fallen.

The overall valuation is already on the high side.

This is indeed a worrying thing.

Can you imagine how terrible it would be for an industry to go up forever.

But in fact, institutions are willing to form groups.

Risks, perhaps already brewing
After the market closes in the morning.

The phone rang, and Wang Lin called.

"Mr. Chen, I've already taken care of that account."

Hearing this, Chen Feng was taken aback.

Less than one morning.

This kid has already secured two trading accounts.

The efficiency is still good.

Chen Feng smiled:
"Okay, you bring it over, let's have lunch together"

Trading account, already implemented.

Chen Feng also heaved a sigh of relief. Next, it's time to leave it to the professional trader.

I just looked at the board and drank tea.

At noon, in the restaurant, Wang Lin had been waiting for a long time.

Waiting to see Chen Feng.

Handed over the two accounts and a contract to Chen Feng.

"Where did you get this account?"

As Chen Feng asked, he opened the contract in his hand.

On the contract, there is a man named Wang Hu.

Chen Feng didn't know this person.

In this regard, Wang Lin chuckled.

"Mr. Chen, to tell you the truth, I asked my cousin to open an account. I asked him, and he immediately agreed to help me."

"Linzi, you didn't tell him the specific purpose."

Chen Feng was still a little worried.

Although he was not worried about Wang Lin.

But Chen Feng had never met his cousin.

In case one day, that cousin of his would go directly to the sales department or the bank and request to freeze the account or something.

That was quite a hassle.

After all, Chen Feng used someone else's account to trade stocks.

Hearing this, Wang Lin immediately assured: "Mr. Chen, don't worry, I won't say anything about this kind of thing. The bank card is in my hand, and his mobile phone card is handed over to me."

Only then did Chen Feng relax a little.

However, Chen Feng was still a little worried about using other people's accounts to speculate in stocks.

It is better to use an institutional account.

For this, Chen Feng had to make arrangements in advance.