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In the past two days, Shanghai Uncle has become completely popular. The reason why Shanghai Uncle is popular is because of his loud calls for the stock market and his blasting horn for CITIC Securities, which makes people feel excited and as if they are in a dream! (ps: As for the beauty behind, some netizens said: She was the first to make Uncle popular!)

Let's take a look at what Shanghai Uncle said. There are three videos of Uncle Shanghai on Douyin. Jinshi briefly summarizes the main points of the three videos:

1) Buy leading companies with real technological content, backed by state-owned enterprises, and never buy junk companies, because junk will eventually be thrown into the trash can. A month ago, he said that three sectors would be historical peaks, namely banks, electricity, and coal, and that they would definitely peak in August (I didn’t hear it clearly, but I think he was talking about peaking).

2) The Shanghai Composite Index will reach a daily limit, and CITIC Securities will need to be adjusted. It was previously expected to be 450 yuan, but now it is expected to be 700 yuan. In order to become the listed company with the largest market value in the Chinese stock market, CITIC Securities will have to hit the daily limit for consecutive weeks next week.By the end of this year, CITIC's share price will rise to 68 yuan (currently less than 20 yuan), and will double from 68 yuan next year. By September 2026, when the bull market reaches its peak, it will rise another 1.27 times. He estimates that it will rise to about 700 yuan.By September 2026, the Shanghai Composite Index will rise to 14,600 points.

3) The market will be adjusted. This is just my personal opinion. It was said before that the market will reach 3204 points by the end of July. It will be adjusted and will reach above 3300 points by the end of July. There will be a daily limit on the market on July 29, 30 or 31.(My uncle said, you have to be aware that what I said may not be right, but that’s what I think).

4) Jinshi Zatan summarizes the opinions of netizens, and Shanghai Uncle has a few more opinions: This bull market will lead the sectors, chips, securities companies, and high-end equipment; Shanghai Belling will rise to 39 yuan this year, breaking the historical high; Tongfu Microelectronics' market value will reach 100 billion yuan; CITIC will have three consecutive daily limits from 22nd to 25th.

Therefore, the most crazy investors now are CITIC Securities, Shanghai Belling, and Xilong Science. Allwinner Technology, which he had previously favored, has been rising every day. In the comment area, various stockholders said that they listened to the old man and bought Kaiteng Precision, which doubled in 4 days; some bought Silan Micro and earned 15 points; and some stockholders filled their positions in CITIC Securities and waited for the three consecutive boards starting on the 22nd.

In the stock forum, CITIC Securities has become the most searched topic. On the community platform, investors hold two views: one is that the uncle will lead retail investors to defeat the short sellers, and the concept of love in late autumn will be deified.

A stock investor in Liaoning strongly echoed this: Uncle, the stock market is the backbone of retail investors; Uncle is speaking out for the stock market, we retail investors must unite and never let the short sellers act recklessly; Now is our most difficult time, let us unite and overcome all difficulties.

There is also a point of view that: the opinions of the new self-media are not important, traffic is the most important, and the core is to say what everyone wants to hear. The stock market has been falling for many years, and everyone needs someone to speak out everyone's voice and let the stock market enter a bull market.

Therefore, this group of people believe that the uncle is just trying to attract attention and is using a new way of harvesting leeks. Because his popularity has increased, he will definitely point to a certain stock that will hit the daily limit. After all, Sichuan University Zhisheng and Saudi Arabia ETF can both hit the daily limit. As the number one brokerage firm in the A-share market, there is no reason for him to be worse than them.

There are several reasons why everyone pays homage to the uncle: First, his words are very exaggerated, which just meets the needs of current stock investors, that is, the A-share market needs a vigorous bull market;

Second, he understands technology and fundamentals, and the stocks he recommended have all performed well, such as Allwinner Technology and Silan Microelectronics, so as the uncle became more popular, his words naturally carried more weight;

Third: This is an era of traffic, and the uncle’s words fit the current market perfectly, and it is very easy to reap the benefits of traffic by expressing it through exaggerated statements.

Jinshi Zatan does not agree with the uncle's point of view. After all, the stock market is more of a barometer of the economy. Although interest rates are very low at present, all industries are laying off employees. Under the policy of reducing costs and increasing efficiency, everyone's consumption is sluggish. Social financing, M1 and M2 are all declining, and a big bull market is a bit difficult.

Even if there is a big bull market, CITIC Securities cannot reach 700 yuan (September 26), and the Shanghai Composite Index cannot reach 14,600 points (also September 26). As for the uncle's rhetoric, it must be the first to enter the market and the last to enter the market. Everyone must have a sense of security and eat news before others, otherwise they will only be harvested.

Finally, let's talk about CITIC Securities. Recently, CITIC Securities has indeed seen a wave of rising prices, with 9 consecutive rises, and the stock price has reached 19.39 yuan. I don't know if it can reach 68 yuan, and I dare not imagine 700 yuan. The first step is to break through the historical high of 29.88 yuan!

According to the latest financial report, CITIC Securities' revenue and net profit both fell by more than 7% in 2023, and its revenue fell by 10.38% and its net profit fell by 8.47% in the first quarter of 2024. In terms of investment banking business, in 2023, CITIC Securities' revenue will be 6.246 billion, a year-on-year decline of 26.61%, and its investment banking profit will be 2.511 billion, nearly halved year-on-year. Brokerage business income is also declining.

Just now, CITIC Securities spoke out and expressed a point of view: the market turning point will not come until the third quarter, so how can CITIC continue to hit the daily limit at the turning point, and how can the Shanghai Composite Index break through 3,300 points by the end of July?