Rebirth of the Capital Legend

At 2:20 p.m., the industry sector indices of the "big infrastructure" main line returned to near their intraday highs. The real estate, building decoration, building materials, nonferrous metals, steel, and coal sector indices all rose by more than 1%, continuing to lead the industry sectors in the two cities.

At 2:22 p.m., Oriental Yuhong's share price surged to a 6% intraday increase, setting a new intraday high.

At 2:25, the two core hot stocks, 'Golden Land Group' and 'Huaxin Building Materials', also saw their market gains exceed 5%, also setting new intraday highs.

At 2:27, the real estate sector index rose by more than 1.75%, and "China Capital Group" exploded again, with its stock price hitting the daily limit.

At 2:30, the Shanghai Composite Index's gains quickly expanded to more than 0.5%, while the Shenzhen Composite Index and the ChiNext Index's losses quickly narrowed to less than 0.5%. At the same time, the declines of the CSI 500 Index and the CSI 1000 Index also narrowed rapidly. In the market, a number of small-cap and micro-cap stocks began to see active buying, and the retail investment sentiment of the entire market also began to quickly pick up.

At 2:33, Beijiang Communications Construction continued to rise, with active large orders of tens of thousands of lots appearing frequently on the market.

At 2:35, "Beijiang Communications Construction" quickly hit the daily limit, and the two major industry sector indexes of building decoration and building materials were also significantly boosted and rose rapidly.

"It's amazing. The market trend of last Friday is reappearing." Seeing the rapid explosion of the two markets again in the late trading, Zhao Zhiyuan, a member of the main hot money group of the 'Qilu Gang', was excited and said with a smile, "I knew that the market trend in the morning was seriously reduced, and it must be preparing a big move. Sure enough..."

"The market has broken upward again. Now we can verify that the shrinking trend in the morning was the last wash before the breakthrough after the chips were locked." Zhang Wei responded, "Sure enough, the market's upward breakthrough still depends on the 'big infrastructure' line, and the core of the market trend is undoubtedly still on the 'Oriental Yuhong' stock."

"Indeed, the Oriental Yuhong check is still awesome." Liang Jiucheng said, "The market is still unique in the market in terms of the follow-up effect on the stocks that the fund of Fuxing Road has invested in. When the Oriental Yuhong check was just ignited, only 10 million yuan of main buying funds set off the market."

"The appeal of 'Fuxing Road' is indeed unique in the market." Zhang Wei said, "I feel that the current market has repeatedly chosen the 'Oriental Yuhong' check as the ignition engine of the market because 'Fuxing Road' has locked positions on this check. Once this check rises rapidly, the group of retail investors who follow the trend will continue to pour in, forming a continuous bull effect."

"That's right." Liang Jiucheng nodded. "And this upward breakthrough trend has already broken through the previous high point. This obviously gives the current market investors stronger expectations for the future market, and it has once again completely brought out the market sentiment. I feel that this should be a relatively clear point for increasing positions."

"Yeah, I think so too." Zhao Zhiyuan said, "So, when the volume of 'Oriental Yuhong' suddenly increased, I had already invested the last position."

Along with the brief discussion among a few people, the market trend is still exciting and upward.

At 2:40, the Shanghai Composite Index had expanded to around 0.85%.

At 2:42, Oriental Yuhong's share price rose by around 8%, setting a new record high and a recent rebound high, attracting the attention of countless investors in the market.

At 2:45, "Capital Group" hit the daily limit, and the real estate sector index expanded its gains to 2.33%.

At 2:46, the share price of Huaxin Building Materials rose by more than 7%, setting a new record high. At the same time, the share price of building materials and building decoration also rose by more than 2%.

At 2:48, the Shenzhen Index and the ChiNext Index turned positive and rose, and all three major indexes closed in the green.

At 2:49, the major oversold main lines of the market, such as film and television media, Internet software, electronic information, etc., ushered in a rapid rebound, and the corresponding core stocks rose straight from deep water to a positive state.

At 2:50, all core indexes of the market turned positive and rose. Small-cap stocks, micro-cap stocks, mid-cap stocks, large-cap stocks... all showed an overwhelming trend of active buying.

At this moment, countless retail investors across the Internet gathered in the stock investment exchange forum.

Almost all retail investors were dumbfounded and extremely excited when faced with the explosion of the closing trend.

"What the hell, what the hell, what a shocking twist."

"Fuck, that dive before 2 o'clock was another attempt to lure the market into a sell-off?"

"Oh, I sold before the rally again. Usually the market plunges at the end of trading, but why has it exploded rapidly at the end of trading in the last two trading days?"

“This is called doing the opposite!”

"I feel that with such a small volume in the morning, there will definitely be an explosion in the market in the afternoon."

"The 'big infrastructure' line is really strong. As expected, we still have to focus on the main line. Most other stocks can't outperform the market index at all."

"The trend of this check of 'Oriental Yuhong' is simply amazing. There is really no adjustment at all."

"That's right. I can't find any opportunity to increase my position."

"For leading stocks like this, you can only buy them at a high price."

"Leaders never trap people, and there is absolutely no problem in buying at a high price. Fuxing Road is still trustworthy. As long as Fuxing Road continues to lock positions, the market trend of Oriental Yuhong is unlikely to end in the short term."

"The one who just lit the check for 'Dongfang Yuhong', couldn't it be 'Fuxing Road'?"

"Someone speculated this last Friday, but I don't think it's true. Fuxing Road has always made large and continuous purchases of individual stock chips. If Fuxing Road had made a move, the share price of Oriental Yuhong should have reached the daily limit by now."

"Whether it's 'Fuxing Road' that's buying it, there's no doubt about the strength of this check."

“I feel like this round, the market is really going to break through!”

"The Shanghai Composite Index is approaching 2950 points. If it breaks through here, 3000 points will basically be in sight."

“This range has been fluctuating for long enough, and it feels like the time has come for a breakthrough.”

"It's hard to say. The pressure at 2950 is still quite large."

"How far the market will rebound is up to the market itself. All we can do is follow the market. There is no doubt that the current market rebound has not yet ended."

"It's bound to break through. This trend shows that buying is much stronger than selling."

"I said you can't cut meat at this location, right?"

"Haha, it's finally our A-share market's turn to lead the gains. It's rare that the A-share market has stood up today and is leading the world."

"Indeed, today's performance is much stronger than that of the Hong Kong stock market."

"The 'big infrastructure' line is really great. It just went up without any proper adjustments."

"The banking, consumer, and pharmaceutical sectors didn't make much progress today."

"These defensive mainline sectors have already risen too much in the early stage, so it is normal that they did not rise today." "As long as these defensive mainline sectors can stay sideways and not fall, it will be enough. It is best not to increase the core stocks of these sectors. If they rise, they will siphon the liquidity of other mainlines in the market."

"The market index is still rising. I feel like it will close with a positive line today."

“It’s exactly the same trend as last Friday.”

"I have invested my entire position in this Oriental Yuhong stock. I have a feeling that this stock will go straight to the daily limit."

"All in, just all in. Once this position is broken through, there will be no turning back. So when you confirm the breakthrough, it is the perfect time to increase your position and buy."

"The volume shrank so sharply in the morning, I didn't expect it to explode so strongly at the end of the trading day."

"It is because the volume shrank so sharply in the morning that there was such an explosion in the afternoon and so many follow-up buying orders. If the active buying orders in the entire market were consumed in the morning, there would not be a large follow-up buying order to drive the market now."

"Yes, that's the truth."

"Oh shit, oh shit... 'Oriental Yuhong' is going to hit the daily limit."

"It's great. Every stock bought by Fuxing Road is basically a bull stock."

"Oh, if I had known that the market would plunge this afternoon, I should have bought the dip with all my positions. Now... it's really hard to catch up."

"You have to chase it. If it closes at the highest point today, once the post-market sentiment ferments, the market will definitely open higher and close higher tomorrow. In addition, the U.S. stock market fell sharply last Friday. From an expectation point of view, the U.S. stock market is also expected to rebound tonight. In general... the market sentiment will definitely become more and more positive after the market closes."

“It seems to be true.”

"Damn it, I sold at the lowest point today. It hurts so much."

Amid the heated discussions among this group of retail investors, the market continued to rise in the last ten minutes of trading.

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

The Shanghai Composite Index was closed at 2948.76 points, up 1.23%. The Shenzhen Composite Index and the ChiNext Index rose nearly 1%, with an intraday fluctuation of more than 2 points. The CSI 500 Index and the CSI 1000 Index rose around 0.6% and 0.7% respectively.

Judging from the closing performance of major indexes, the Shanghai Composite Index is the strongest.

This also shows that the main focus of the main capital groups in the market is still mid- and large-cap stocks, and is still mainly heavyweight and blue-chip stocks.

A number of concept stocks, mainly small and medium-sized stocks, also rebounded despite being in the late trading stage.

But it has not yet brought together a concentrated money-making effect.

In addition to the performance of the index...

The industry sector indices related to the main theme of "big infrastructure" led the gains in the two markets. Among them, the real estate sector index closed up 2.76%, the construction decoration and building materials sector indices closed up 2.13% and 2.08% respectively, and the steel, coal, and nonferrous metals sector indices all rose by nearly 2%.

As for the performance of individual stocks.

The main money-making effect still occurs in the main area of ​​​​"big infrastructure".

In the entire "big infrastructure" main line field, the number of stocks that hit the daily limit reached 13, and in the entire market, except for the stocks with a single-digit limit that benefited from the rebound, the number of stocks that hit the daily limit naturally reached 32.

Countless investors in the market focus on the performance of core leading stocks with high market recognition...

'Oriental Yuhong' closed up 8.76%, just one step away from the daily limit, but it was not forcibly closed. 'Huaxin Building Materials' and 'Golden Land Group' rose 6.22% and 5.96% respectively, 'Capital Group', 'Beijiang Communications Construction' and 'Shenhuo Co., Ltd.' hit the daily limit, and 'Financial Street' and 'Yu Development' rose by more than 5%.

In terms of core leading stocks...

Leading stocks such as Poly Real Estate, Kewan Real Estate, Conch Cement, and China Construction... all saw their market share increases by more than 3%, far exceeding the performance of major market indices.

And due to the strong outbreak of market trends in the late trading.

Originally before 2 p.m., the main sectors of the "big infrastructure" line showed a net outflow of major funds, but eventually, the net inflow of major funds exceeded 6 million.

From this aspect, it is also fully explained in the last half hour of trading in the market.

A large number of main capital groups have poured into the core theme of "big infrastructure" to take over.

"Although the Shanghai Composite Index still closed below 2950 points at the closing time, the trend at the end of the trading day and the two consecutive days of weak-to-strong intraday performance should be enough to show the market's initiative to break upward, right?" Seeing the final closing situation of the two markets, Huang Qingyun, the trading team leader of the 'Xino Future No. 1' fund product trading room inside Sino Private Equity Fund Company in Shanghai, said, "In addition, the overall volume performance of the market today is a mild increase in volume, and the main period of increase in volume is in the last half hour of the trading day. Under this trend, it feels that there is basically no suspense in breaking through the previous shock platform."

"Overall, today's index still hasn't gotten out of the previous shock platform." Men Xingtao, the main fund product manager of 'Sino Future No. 1', said, "Except for the 'big infrastructure' line, which has clearly broken through, the others still need further confirmation of the subsequent trend, especially the weaker China Securities 500 Index, the All Securities 1000 Index, and the ChiNext Index. Not only do they not show signs of breaking through the previous shock platform, but even returning to the center of the previous shock platform is still difficult. In this situation where the market trend is still quite divergent, I think it's still a bit too early to talk about an overall breakthrough."

"Then Mr. Men, what you mean is..." Huang Qingyun pondered for a moment, paused, and said, "Should we continue to wait and see, and wait for the market trend to become more clear before making a decision?"

Men Xingtao nodded and responded, "The buying point on the right side is indeed not clear enough now. Even if the Shanghai Composite Index... wants to break through 2950 points and stand on the 3000 point mark, it still needs to be further confirmed in the next few trading days. Also... the upward trend at the end of the trading day, although a lot of energy was released, and overall, buying funds are also actively taking over, but it always feels a little bit weak. It needs a clear break through the trend line and the oscillation range. A large positive line with large volume to confirm it."

He did not deny that the "big infrastructure" line was strong.

However, he believes that it will be difficult for the entire market to form a comprehensive breakthrough trend if it continues to rely solely on the pull of this line.

Therefore, in order to prevent excessive uncertainty in transactions, he thought... it would be safer to wait until the market has a clear breakthrough and the right buying point emerges before increasing positions and going long.

Moreover, he believes that the trend of the U.S. stock market is indeed a bit shaky.

Today, A-shares, despite the adjustments of U.S. and Hong Kong stocks, managed to record an upward positive line, which is indeed strong, but whether it can be a substantial breakthrough or not is unclear.

In his heart, he still felt a little uncertain and had some problems.

Of course, his doubts, as the market has been making money, do not affect the investor sentiment of the entire market. After the two markets closed, the overall advancement and deep fermentation in the bullish direction will not affect the recovery of investment confidence in the entire market. (End of this chapter)