Tonight there is a World Cup qualifier between China and Japan, Japan is at home. Even I, who don't usually watch football, know clearly that the two teams are not at the same level of strength. Japan has many star players in the European leagues, and has won and lost against the European and American powers in the World Cup. Currently, it is probably in the lower reaches of the world's top 8-16.
The Chinese men's football team was supposed to go home in the group stage, but was carried on a stretcher by Singapore at the last minute to enter the top ten. The current Chinese team is probably in the lower second tier of Asia, and is at the level of Asia's top 10-15.
Interestingly, CCTV gave up on broadcasting the game tonight and played the Paralympic Games instead. CCTV's official explanation was that the price of the broadcasting rights was too high, and it severely condemned the behavior of disrupting the sports broadcasting market and refused to broadcast it. Only iQiyi in mainland China got the broadcasting rights, and it costs 9 yuan per person to watch.
Those who can pay to watch the Chinese team play away against Japan are definitely die-hard fans, no doubt about it. I definitely won't watch it, I just want to hear the result.
7:0, the whistle blew and the game was closed.
As soon as the game was over, Hisense's shareholders slapped their thighs and said it was a pity that CCTV didn't broadcast it, and missed the opportunity to trade in old TV sets nationwide.
……
Today's A-shares are doing well, with the median up 0.74%, almost making up for yesterday's decline. Due to the low trading volume, the market has no clear bullish trend, but the hot money that is unwilling to be lonely has come up with new tricks and squeezed out a "national peace and prosperity" sector, which specializes in speculating on stocks with festive names.
I won't mention the specific stock names, anyway, the main point is a random, illogical logic. Among them, the leading stock, the chairman was arrested just last month, which is just right, and there is no need to worry about the market crash while he is in prison.
Similar tactics have been used for several rounds since last year. The hot money is not stupid. It seems that they are playing blindly, but in fact they are carefully selecting those stocks with small market caps and easy to control. When it comes to festive names, who can compare with China Ping An? However, no one will speculate on China Ping An.
They have their own circle, and when they are hyping something up, they will mix it up vaguely. Once they have successfully ignited the trend, they will start to use their network of relationships to market it externally. This is actually a form of hat-grabbing in a sense, so I won't divert traffic for this concept. It's your own business if you want to get involved, and you just have to accept the consequences if you lose the gamble.
Looking at the overall situation of A-shares, the trading volume is still sluggish, only a little over 500 billion, and there is no obvious improvement in the fundamentals of economic data. Several indexes are in a typical downward channel. Some people may be waiting for the Fed to cut interest rates on September 18, but a stock market worth 60 to 70 trillion has its own problems. It sounds very weak to rely on other countries to cut interest rates to boost it.
……
1. The director of the central bank said that the current reserve ratio is 7% on average, and there is still room for a certain decline. Whenever similar things were said several times before, the reserve ratio would be lowered within 3 days, so the probability of a reserve ratio reduction after tomorrow's market close is very high, and there is an 80% to 90% chance of it. However, a reserve ratio reduction is not a big positive in the current situation. Since the reserve ratio turned in June 2011, it has been reduced 24 times in a row. If it is reduced tomorrow, it will be the 25th time, so don't have too high expectations. A reserve ratio reduction is slightly good for banks, and can release more funds for lending.
The director also responded to the much-watched deposit and loan interest rate issue today, saying that the current reduction faces certain constraints, and will look at the actual market situation and reasonably grasp the regulation of monetary policy. My understanding is that the bank's interest rate spread structure needs some time to adjust, such as further adjusting the deposit interest rate. As for the interest rate cut, it is certain.
2. According to statistics from institutions, Black Myth Wukong has sold 18 million copies in two weeks since its launch, with sales revenue of 867 million US dollars. This result exceeds even the most optimistic expectations before, and the market sentiment has really exploded. It is estimated that the entire IP can earn 10-15 billion. More than 30% of Game Science’s shares are in the hands of the boss, and more than 30% of the shares are collectively held by employees. This wave of financial freedom is all over. However, those who speculated on the Black Myth concept in the A-share market did not have a good ending. Zhejiang Media, which speculated on the distribution, hit a new low, and Shanxi Expressway, which speculated on tourism, also hit a new low. It’s really because the ecology is too poor. Every emotional impulse of retail investors is an opportunity to cash out and run away.
3. Today, a rumor spread in the market that Musk bought a property in Beijing for $150 million. Some media contacted Tesla to verify it, but it was denied. Then the real estate agent jumped out and said that he was grateful to Musk's mother for recognizing the value of the property, implying that his mother bought it, and posted a few photos of the agent and the old lady. However, I searched and found that the clothes the old lady wore in the photo were what she wore when she came to China in 2023. Such celebrity photos... can be bought with money.
4. Cambrian plunged 13% today. The company said that it was caused by experts pretending to be company personnel and making irresponsible remarks in the market, which had a negative impact on the company. Nvidia also plunged in the past two days. I thought that the sense of substitution of Cambrian was really good. There was a monopoly investigation over there, and fake experts over here. The main point was a synchronous rise and fall, and the linkage was stable.
5. Institutional analysis shows that the current pork market is beyond expectations. The leading listed companies can make a profit of 200-260 yuan per pig. It will take some time to replenish production capacity, so the third quarter performance may be better than expected. In fact, Muyuan shares made 3 billion in the second quarter, but the stock price did not rise but fell sharply. This is the helplessness of stock speculation in a cesspool.
Today, someone asked me if it was true that Chinese billionaires have deposited $21 trillion in the United States. I think the people who made up and believed this number are probably financial illiterates with no common sense. The rumor of $900 billion a few days ago was probably received by the same group of people.
That's it.
