Rebirth of the Capital Legend

Chapter 470: Violent late-trading volatility!
However, with the market trend recovering rapidly, not many people had time to react.

A few minutes later, due to the renewed exhaustion of active buying volume, the 'big infrastructure' main line and other non-defensive main line sectors began to fall again.

At 1:07 p.m., the index and major hot stocks in the market fell back to the midday closing time.

At 1:12, the increase in the share price of 'Oriental Yuhong' fell back below 5% again, and the active buying volume on the market has shown a trend of continuous shrinking. At the same time, the gains of the two core leading stocks 'Golden Land Group' and 'Huaxin Building Materials' also fell rapidly, and the buying and selling volumes were unbalanced.

At 1:15, within the main area of ​​"big infrastructure", the real estate sector's gains narrowed to around 1.2%, and a number of stocks within the sector plunged.

At 1:20, the Shanghai Composite Index fell back below the 1% increase. At the same time, the intraday declines of the Shenzhen Composite Index and the ChiNext Index began to reach the 1% decline level. In addition, the corresponding small and medium-cap concept stocks in the two major sectors of film and television media, and Internet software have once again set new lows after giving up all of yesterday's gains.

At 1:25, defensive main-line sectors such as liquor, white appliances, medicine, consumption, electricity, and finance continued to rise against the trend, becoming the main-line sectors that various capital groups in the market continued to hold together, and the corresponding core weighted leading stocks have begun to siphon selling liquidity from other main-line areas of the market.

At 1:30, after half an hour of trading after the afternoon opening, the market trend further weakened, and the amount of active buying continued to decrease.

At 1:35, 'Quantong Education' hit the intraday limit.

At 1:33, "Oriental Yuhong" continued to fluctuate downward, and the market increase fell back to around 3%. In the entire "big infrastructure" main line field, the main capital group began to show a net outflow trend. Many investors who watched the market in the morning and wanted to wait for the market to reverse in the afternoon, saw that there was no hope of continuing to attack, and the selling pressure on the market did not decrease with the progress of trading time but became greater and greater, so they also followed suit and sold at this moment.

At 1:35, under the influence of these follow-up selling funds, a number of popular stocks in the market continued to fall.

At 1:37, the intraday share price increase of Oriental Yuhong fell back to around 2.78%, and the net outflow of major funds on the market reached more than 2300 million.

At 1:41, the Shenzhen Component Index and the ChiNext Index fell by around 1.31% on the day.

At 1:44, the Shanghai Composite Index approached the flat line. In the main field of "big infrastructure", the intraday gains of real estate, building decoration, building materials, nonferrous metals, steel, and coal sectors were all wiped out, and the two markets began to show a trend of most stocks falling.

At 1:46, the increase of Oriental Yuhong fell back to less than 2%, while the two popular core stocks, Gemdale Group and Huaxin Building Materials, were close to the flat position.

At 1:48, the banking sector rose against the trend to a 1.78% increase, ranking first in the two cities' industry sector growth list.

At 1:50, nearly 1900 stocks in the entire market showed a downward trend.

At 1:55, the market's diving trend began to accelerate, with the Shanghai Composite Index, Shenzhen Composite Index and ChiNext Index all entering the green. Among all the core indexes in the entire market, only the A50 Index was still in the red.

At 2 pm, the stock price of Oriental Yuhong turned green, and the net outflow of large funds on the market was close to 5000 million.

At 2:05, the entire "big infrastructure" main line area, all industry sector indexes, and related hot concept stocks began to plummet rapidly.

At 2:10, the market showed 2200 stocks in the red, and bullish sentiment collapsed across the board.

At 2:12, the Shanghai Composite Index fell by 0.56%, while the Shenzhen Composite Index and the ChiNext Index's intraday declines were close to 1.70%.

At 2:15, the A50 index rose by 1% during the day.

At 2:16, the electric power industry sector suddenly rose rapidly, attracting the attention of a large number of major capital groups in the market.

At 2:18, the banking sector index rose 2% on the day, and the share price of Minshang Bank, a core weighted stock, once again hit a record high.

"Alas, this market trend... is really a mess." Noticing the overall collapse of the market's bullish sentiment, and seeing that the core theme of "big infrastructure" not only failed to break through further in the afternoon's market trend, but was pulled down by the excessive loss effect of other mainline sectors, at this moment in Shanghai, inside the "Jufeng Asset Management Company", in the "Jufeng Future Growth" fund product trading room, trading team leader Yu Xiaolu sighed helplessly and said, "Yesterday's trend was so strong, I didn't expect the market to be so weak today, and when the market opened in the afternoon, the sentiment was obviously upward, how come it suddenly... collapsed again?"

"The volume of active buying orders cannot keep up, there is nothing we can do about it." Hearing Yu Xiaolu's complaint, Lu Xiangxiang, product manager of the Jufeng Future Growth Fund, sighed and continued, "In the early trading session, the volume was too much, and the market was unable to withstand the selling pressure of profit-taking. Naturally, the trend in the afternoon could not create space for upward movement.

However, I think that at this point, even if there is a panic sell-off, it is impossible for the market to fall back.

At least for the "big infrastructure" line, with so much money flowing in, it is impossible for it to fall back, allowing the funds that have not entered the market before to safely intervene again to buy at the bottom.

Moreover, there are many other main sectors, such as film and television media, and Internet software.

Although the trend is very weak, the volume has indeed shrunk to the point where it can’t shrink any further.

I feel that although the market is a bit ugly, the momentum of selling is not very strong. "

"Mr. Lu, do you mean... should we continue to increase our long positions when the market is in a sharp drop or plunge?" Yu Xiaolu asked, still a little hesitant. "But looking at the market trend, the selling pressure is still very heavy. Moreover, after the sentiment has subsided, the capital group that took the initiative to take over has retreated even more. Now in the entire market, there is basically very little capital that actively buys upwards."

"Well, take advantage of the sudden plunge and continue to increase your position and go long." Lu Xiangxiang said firmly.

The market didn't rise much in the first place, and she totally didn't believe that the rebound would fall back before it had time to create space. What's more... the adjustment trend of the 'big infrastructure' main line in the afternoon today was obviously a passive trend, not an active trend. Under this trend pattern, as long as the market sentiment improves slightly, the 'big infrastructure' line will be able to quickly repair the market trend.

There is also the current main line of "big infrastructure".

Its underlying logic and future expectations are still continuing to improve, regardless of market trend fluctuations.

At this point in time, even if you make a mistake, the risk won’t be that great.

"Okay." Yu Xiaolu responded, and then began to instruct the traders to continue increasing their positions and buying.

And as they continue to buy...

On the market disk, the diving trend is still continuing. At the same time, with the continued trend of market indices and many individual stocks, as the loss effect of the entire market is magnified, the debate between bulls and bears among countless retail investor groups in the stock investment exchange forum across the Internet is becoming more and more fierce.

"Fuck, I'm speechless. I thought there were two dives in the morning and there would be no more dives in the afternoon, but I didn't expect there would be a bigger dive behind. Damn... I chased high again. I was slapped in the face again and again. What kind of trend is this? It went up all day yesterday, but it fell back today."

"A dive at 2 p.m. is a common practice in the market. What's so strange about this?"

"Yes, it would be strange not to dive at 2pm."

"I don't understand. The market surged yesterday and plummeted today. How did the funds that came in yesterday make money?"

"Others can short-sell with stock index futures, but retail investors like us can only go long and get harvested. Sigh... The market opened so strongly this morning, but I didn't expect it to end like this."

"The trend this morning wasn't that strong, was it? The three core leading stocks, Oriental Yuhong, Gemdale Group, and Huaxin Building Materials, all had mixed performances today."

"It seems that President Su's seat at Fuxing Road is no longer useful!"

"What does this have to do with President Su? The market sentiment is bad, and the selling pressure is too heavy. There is really no way. It's not President Su who messed up the market." "Damn it, today's market actually hit the limit down."

"The stock price of 'Oriental Yuhong' that I chased at a high price has not hit the limit down, but it has still hit the limit down within the day."

"Alas, it is so difficult to make some money in the stock market."

"It's not just difficult, it's almost as difficult as ascending to heaven."

"It's easier to fall than to rise. It's really like climbing to the sky to rise a little bit, and it's like falling like a waterfall to fall."

"Are we going to try the low point we reached a few days ago again?"

"It's hard to say. At least judging from the current situation, the market may continue to fall in the closing period. What's disgusting is that... the market sentiment is so bad, but the A50 index is still rising sharply."

"That's right. Look at the banking sector. It's simply... Seeing bank stocks rise is more painful than when I lose money."

“I don’t understand why the A50 Index and a number of A50-weighted stocks are so strong?”

"With the 'national team' heavily invested in the stock to protect it, how can its stock price not be strong?"

"Every time the market adjusts, the banking sector is pulled in to support the market. It's really disgusting!"

"Oh, I won't say any more. I'm going to lose money today."

"Will there be another miracle in the last half hour of trading? Another miracle in half an hour!"

"It's impossible, right? The market selling pressure is too heavy. The stocks in the oversold main sectors such as film and television media and Internet software, which performed strongly yesterday, are already in free fall. The overall bullish sentiment in the market is also continuing to ebb. It seems that there is no hope of a reversal."

"I don't understand. At this position, it has been washed for so many days, why are there still so many sell orders?"

"There are too many hidden orders, locked-in orders, and profit-taking orders."

"I feel like there's no need to be too pessimistic about this position, right?"

"Look at the trend of the three core leading stocks, Oriental Yuhong, Gemdale Group and Huaxin Building Materials. If these three stocks can recover their plunge in the last half hour of the closing and fluctuate upward like they did in the morning, then it seems that there is still hope for a reversal."

"These three checks have a large trading volume today. It's a bit weak to attack again, right?"

"If the market plunges so sharply in the early trading, it will definitely be able to recover. In the late trading stage, there is a lack of buying in the market, so it will be difficult."

"It's like there was no plunge in the early trading. The market jumped twice this morning."

"Some people leave, some people come in, that's normal, right?"

"I continue to be optimistic. Mr. Su has been increasing his holdings in such a big way. There is no reason not to be optimistic. The line of 'big infrastructure' is based on medium- and long-term hard logic. There is no need to worry about the market trend of one day. Moreover, the more intense the fluctuations at this position, the greater the future space I think."

"The greater the expectations, the greater the disappointment."

"Alas, with the trend of 'Oriental Yuhong', it will definitely open much lower tomorrow. Anyway, I'll sell it."

"Damn it, I didn't sell the stock when it opened so high in the morning, and now it has dropped by nearly 1 point, so I sold it. Sigh... I really have no chance of making money."

"Even if it's a leading stock, it's impossible for it to reach the daily limit every day. With a market cap as big as 'Oriental Yuhong', it's impossible for it to become a monster stock."

"The overall market trend of 'big infrastructure' is definitely not over, but adjustments... should be inevitable."

"Hey, there's a big order on the 'Oriental Yuhong' market, the stock price is going up."

"There are also large funds buying into the two core leading stocks of 'Gemdale Group' and 'Huaxin Building Materials', and the stock prices are also continuing to fluctuate and rebound. Hehe... I feel that the 'big infrastructure' line is still tenacious and the market will not end like this."

"Is there money coming in to bet on the positive news after the market closes and tomorrow's opening trend?"

"Whatever the reason, as long as there is major capital buying, that's a good thing."

Amid the heated discussions among the crowd, after the market trading time entered 2:30, the main line of "big infrastructure" began to generally fluctuate and rebound.

At 2:35, Oriental Yuhong's stock price returned to a 3% increase.

At 2:40, a number of industry sector indices including real estate, building decoration, building materials, nonferrous metals, steel, and coal all turned positive and rose.

At 2:45, driven by the upward shock of the main line of "big infrastructure", other stocks that were sold off in panic also rebounded rapidly. The Shanghai Composite Index turned positive again, and the declines of the Shenzhen Composite Index and the ChiNext Index were reduced to less than 1.2%. In addition, many popular stocks with active stocks and high market recognition began to receive large amounts of main buying funds to continue to take over and buy.

At 2:48, the A50 Index fell back quickly, the banking sector's gains narrowed, while the Shanghai Composite Index, Shenzhen Composite Index and ChiNext Index quickly bottomed out and rebounded. Among them, the Shanghai Composite Index's gain quickly reached 0.5%.

At 2:50, Oriental Yuhong's share price surged to around 5%, essentially making up for the plunge at 2 p.m.

As the core leading stock 'Oriental Yuhong' recovered from its plunge, other popular stocks in the main field of 'big infrastructure' also rose rapidly in the late trading.

Finally, when 3 o'clock in the afternoon came, the two markets closed.

The Shanghai Composite Index was fixed at a gain of 0.88%, while the Shenzhen Composite Index and the ChiNext Index narrowed their losses to less than 0.5%. More than 1100 stocks in the two markets were in the green, and more than 1700 stocks were in the green and falling.

In terms of overall money-making effect...

In addition to the relatively strong weighty sectors such as liquor, white appliances, medicine, consumption, electricity, and finance, and their related core leading stocks.

The main money-making effect is still concentrated on the main line of "big infrastructure".

And due to the reversal trend in the last 20 minutes of the closing, the three popular leading stocks in the market that "Fuxing Road" had massively increased its holdings, namely 'Oriental Yuhong', 'Golden Land Group' and 'Huaxin Building Materials', all eventually closed with a gain of around 5%, continuing to maintain a strong upward trend.

(End of this chapter)