Zhuanggu refers to stocks held by major investors with a large proportion of holdings, generally with a minimum of 35% or more of the outstanding shares, and up to 85% of the outstanding shares, such as Hunan Torch, Alloy Investment, China Science and Technology Innovation, Yi'an, etc. The main stock index has some funds or short-term investors who intervene in individual stocks at a certain stage The difference between the two is:

1. Different positions held Zhuang stocks generally hold at least 35% of their outstanding shares, and up to 85% of their outstanding shares, such as Hunan Torch, Alloy Investment, China Science and Technology Innovation, Yi'an, etc., while the main stocks usually hold only tens of thousands or millions of shares, with holdings not exceeding 20% of their outstanding shares

2. Different inertia The main players in the stock market have a continuous inertia in their operations. They generally do not sell out a certain stock, but use high selling and low buying chips to spread the cost. The main stocks only choose to intervene during a certain period of time, and after making a profit, they will sell out the entire stock and choose another one. They will not stay on one stock for too long. If they look good in the future, they are not afraid to chase after a high price

3. Different cycles: It takes at least 1 and a half years for a stock to be established and shipped, with an average of more than 2 years (depending on its market control), while the main stocks have a short time cycle, ranging from 3-4 months to 1-2 days

4. From the perspective of the number of seats on the list, the Zhuang stocks have a continuous inertia, that is, the bottom of the list seats appear in them from beginning to end (such as 0012 South Glass), while the main stocks have different seats, that is, each time the list holder does not appear repeatedly

5. The timing of operation varies The timing for major investors in the stock market to build positions is when the overall market is declining or when individual stocks are bearish, while the timing for major stocks to exert strength is when the overall market is performing well or when there are sudden positive developments

6. Different levels of financial strength: Zhuang stocks require at least 200 million yuan, while main stocks only need a few million yuan, with a maximum of 100 million yuan. Even if there is 100 million yuan, it is rare to invest it all

7. K-line shapes are different Due to the high degree of control over the stock market, the stock market is adept at controlling the K-line and has good subtle control over key price points. It can even oscillate within a few cents range in a day, and the bullish zone can continue to close positive, such as 0008600710, while the main stocks have significant fluctuations The Yin and Yang lines are intertwined, and there is often a middle yin appearing This is due to the inability of major players to control the market position

On the moving average, due to the main lock up type pulling the platform, the medium-term market cost sinks to the bottom, and the medium-term moving average diverges and does not stick together Overlap or cross, and the main stocks have large fluctuations, resulting in similar short-term market costs, with their moving averages crossing over

There are some differences between stock market and main stocks, which will not be elaborated here Distinguishing between the two is beneficial for your operational approach However, according to the author's discovery, since the end of 1999, the number of Zhuang stocks in the market has significantly decreased, mostly being the main stocks. This may be related to the continuous improvement of the level of small and medium-sized investors, the increasingly advanced analysis software, and the difficulty of escaping with large positions. Secondly, it is also a necessary stage for the development of China's securities market to today