On June 19, 2018, affected by the trade friction between China and the United States, both the domestic market and the Hong Kong stock market showed a trend of heavy panic and falling. The Shanghai Stock Exchange plunged 3.78%, the Growth Enterprise Market plunged 5.76%, and the stocks with a daily limit of 1,050 were down, and 1,950 stocks fell more than 8%. After the third anniversary, the recurrence of thousands of stocks fell. Super hard material company Affected by the macroeconomics of the market, China's super-hard materials listed companies have experienced varying degrees of decline. Among them, Sifangda fell 5.57%, Yu Diamond fell 9.94%, Zhongbing Red Arrow fell 1.16%, Yellow River cyclone fell 5.16%, Sanchao new material fell 3.28%, and Boshen Tools fell 5.05%. The stock market fell, the market was pessimistic, but the super-hard materials companies responded with performance response. In the first quarter of 2018, Yu Diamond's current operating income was 407 million yuan, a year-on-year increase of 40.49%; net profit was 110 million yuan, an increase of 95.14%. Sifangda's latest quarterly report for 2018 on April 25 showed that its operating income was 79.12 million yuan, a year-on-year increase of 25.86%. In the first quarter of 2018, the Yellow River Cyclone had a revenue of 659 million and a net profit of 71.49 million, a year-on-year increase. Zhongbing Red Arrow benefited from the recovery of diamond market demand. The sales price and sales volume of super-hard materials continued to grow. The net profit of 2018 was reported to increase by 587.98% year-on-year. Boshen Tools, whose main business is diamond tools, recently announced its first quarter 2018 operating income of 238 million yuan, an increase of 95.72%; net profit attributable to shareholders of listed companies was 14.99 million yuan, an increase of 261.72%. The above-mentioned super-hard materials companies reported a year-on-year increase in net profit and operating income in the first quarter of this year. In addition, there are 111 listed companies that have announced interim results, and it is expected to double their net profit during the reporting period. These stocks are likely to be wrongly killed when the market is extremely pessimistic. Firmly believe in the company's intrinsic value "The stock god" Buffett once in the 1987 US stock market crash, did not panic to inquire about the news, did not panic to sell stocks, in the face of a sharp fall, facing his own wealth has shrunk dramatically, facing his heavyweights He plunged and he was very calm. The reason is very simple: I firmly believe that these listed companies have long-term sustainable competitive advantages, have good development prospects, have high investment value, and believe that stock market disasters and natural disasters are just one-off. In the end, they will return to normal. The share price of a holding company will ultimately reflect its intrinsic value. Unlike Buffett’s attitude towards Buddhism, Peter Lynch, who runs the Magellan Fund, has experienced many stock market crashes and has achieved very successful performance under the crash. It puts forward three suggestions: First, don't throw out stocks at all prices because of panic. If you sell stocks desperately in a stock market crash, your selling price will often be very low. The market in October 1987 was frightening, but there was no need to throw stocks on this or the next day. In November of that year, the stock market began to rise steadily. By June 1988, the market had rebounded by more than 400 points, which means that the increase exceeded 23%. Second, we must have firm courage in holding good company stocks. Third, we must dare to buy good company stocks at low prices. The plunge is the best chance to make big money: huge wealth is often only a chance to earn in this stock market crash. Since it is a market, there will be ups and downs. As long as super-hard materials companies continue to maintain steady growth in revenues, it is a general trend for capital markets to remain stable and to continue to increase attractiveness, and will not be reversed due to current trade factors. After borrowing from China’s four major securities newspapers, after the emotional venting, A shares did not have the basis for continued plunge. The trade war is hard to lead to an economic crisis in the Chinese economy. The valuation of A shares has been relatively cheap, and other risk risks are controllable. So what are the reasons for panic? Finally, quote Buffett's two words, "Continue to maintain independent thinking and inner peace", "Time will become our friend." Cleaning Machine Accessory Cleaning Machine Accessory Zhejiang Botuolini Machinery Co.,Ltd , https://www.chinaplungerpump.com
Abstract On June 19, 2018, influenced by Sino-US trade frictions, both the domestic market and the Hong Kong stock market showed a trend of heavy panic. The Shanghai Stock Exchange plunged 3.78%, the Growth Enterprise Market plunged 5.76%, and the stock market fell by about 1,050, which was more than...