Rebirth of the Capital Legend

"The ChiNext Index closed with an almost positive candlestick. With this trend, the market will definitely continue to rise tomorrow."

Among the groups of retail investors gathered on major stock investment exchange platforms, someone couldn't help but exclaimed excitedly during the heated discussion.

"The market will definitely continue to rise tomorrow. Looking at the market trend at the end of today's trading, it is clear that off-market funds have begun to enter the market to buy shares, especially in the three core sectors of film and television media, Internet software, and Internet applications. I feel that these next few sectors will definitely replace the previous three sectors of real estate, building decoration, and building materials, and become the core driving force for the subsequent market rebound."

"That's for sure. Look at the trend of 'Huawen Online'. It's really strong. In the late trading stage, the orders not only did not decrease, but continued to increase. If nothing unexpected happens, I feel that 'Huawen Online' will most likely open at the daily limit tomorrow, and it is likely to be a daily limit with a small volume."

"The 'Huawen Online' check is really great, but unfortunately the circulation of this check is not large. If there is no increase in volume, it is difficult to participate. I feel that this check should be the leader in this round of 'emerging industrial chain' main line explosion market. As for the mid-capacity leader, I think it is the 'LeTV' check."

"Shouldn't it be the check for 'Quantong Education'? Obviously, the core hot spot of today's market is still the concept of 'online education' that has been a riot and led the market before. And within the concept of 'online education', the stock with a very strong recognition and enthusiasm for capital to follow the trend is indeed the check for 'Quantong Education'."

"The main line leader is a capacity stock that can carry large funds in and out, and can accommodate the joint efforts of various main funds and various short-term follow-up funds. The market value must be at least 200 billion to be called a capacity leader, right? I feel that the check of 'Quantong Education' cannot be called a capacity leader, right? The market value of this check is not much larger than that of 'Huawen Online'. In terms of market popularity and recognition, the check of 'Quantong Education' is not as good as 'LeTV'!"

"Shouldn't it be the 'Huawen Media' check? In the past two days, the stock with the strongest correlation with the trend of 'Huawen Online' and the highest degree of capital recognition is the 'Huawen Media' check. Moreover, the fundamentals of 'Huawen Media' are good, and its performance is also very good. At the same time, it also has the background of a central state-owned enterprise. The market value and the circulation volume are just right. It feels very suitable to be the leader of the main concept of 'online education'!"

"The check for 'Huawen Media' can be seen as the second follower of 'Huawen Online', or as the follower of the market after the funds failed to buy 'Huawen Online'. It should not be considered as the central capacity leader. I think... 'LeTV' is more suitable as the central capacity leader of the main line of this round of 'emerging industrial chain'. Moreover, the driving force of this check is really not low. At the same time, this check is also a component weighted stock of the ChiNext Index. Generally speaking, once this check moves, the entire ChiNext Index will move. The correlation is very strong, and the driving force for other stocks in the entire ChiNext Index is also very strong."

"If that's the case, then the two checks for Maruda Film and Television and Netspeed Technology should also be counted, right? And there's also the check for Oriental Fortune, which had a serious fluctuation at the end of today's trading. Speaking of which, the sudden fluctuation of the concept sector of Internet Finance at the end of today's trading is very noteworthy!"

"The unusual movement of the 'Internet finance' sector should be driven by the previous continued surge in the film and television media, Internet software, and Internet applications sectors, as well as the active long-term effects of various funds in these sectors. I feel that this sector seems to be less proactive. In terms of market movements, it is not as active as the 'domestic software' and 'online education' sectors that moved unusually in the early trading stage."

"Looking at the market's late trading trend, the 'Internet Finance' concept sector index started to move after the 'Eastern Fortune' check moved up. It can be seen as being driven by the 'Eastern Fortune' check. The reason why the 'Eastern Fortune' check moved in the late trading can also be seen as a large-scale influx of funds into the 'Film and Television Media' sector, which attacked the GEM index's heavyweight stocks on a large scale. After all, at this stage, the 'Eastern Fortune' stock still belongs to the 'Film and Television Media' sector, rather than being hyped as a brokerage financial stock."

"So, the core driving force of the market is still the 'film and television media' sector?"

"We can't say it's just the 'film and television media' sector. Looking at the market trend, it's obvious that the 'film and television media' sector is closely linked to the 'Internet software', 'Internet applications', and 'electronic information' sectors. I think these sectors can be seen as the main line of a direction."

"In fact, I think today the 'domestic software' line is stronger than the 'film and television media' line."

"The two are inherently highly correlated and fluctuate synchronously. I don't think there's any need to discuss which is stronger or weaker. After all, they are both fluctuating in the same direction and share a life-and-death relationship. Once the 'film and television media' line weakens, the 'domestic software' line cannot independently strengthen."

"Well, that's true. In fact, it seems that only the ChiNext Index and the Shanghai Index have some seesaw effect."

"Indeed, especially in the film and television media, Internet software, Internet applications... the main line of the 'emerging industrial chain' where these core sectors are located, and the main trend of the 'big infrastructure' that has continued to rebound in the early stage of the market, there is an obvious seesaw effect. When the main line of 'big infrastructure' rises, the main lines of these 'emerging industrial chains' related sectors begin to fall back. On the contrary, small and medium-sized stocks and micro-cap stocks in the main line of the 'emerging industrial chain' generally rebound, and the core leading stocks in the main line of the 'big infrastructure' begin to fall and adjust with reduced volume."

"This shows that the current market is still in a stock game, or in a local market situation!"

"Whether it is a local market trend or a comprehensive market trend, as long as the stocks in hand can rise, isn't it enough? At present, under the stimulation of news and policies, it is obvious that the relevant concept sectors and industry sectors in the main line areas of 'emerging industrial chains' such as 'film and television media', 'Internet software', and 'Internet applications' have not reached the point where funds withdraw and emotions cool down. I think this main line will most likely continue to rise in the future. In this case, just continue to follow the trend and go long. As for the rest... there is no need to think too much."

"That makes sense, but it's hard to buy after such a big rebound, especially since some of the core leaders with high recognition in the market don't have a relatively good price at all."

"Core leading stocks can only be bought at high prices. Take the check of 'Huawen Online' for example. If it falls sharply during the trading session, will everyone still dare to buy it?"

"That's true. Just like the current Oriental Yuhong check, it seems that it is still the core leader of the 'big infrastructure' main line, but the market trend has obviously begun to lose strength, and it has not risen much today, seriously underperforming the ChiNext Index. If you take over the Oriental Yuhong check at this time, it is obviously not very rational. Now looking back, the relatively good buying point of Oriental Yuhong is really when it has been rising sharply or rising to the daily limit."

"The market for this check of 'Oriental Yuhong' should be over, right?"

"Even if it hasn't reached the top yet, I estimate that there won't be much room for upward movement in the short term."

"But, from the check of 'Oriental Yuhong', it seems that Mr. Su, who previously intervened in 'Fuxing Road', should still be there, right?"

"It is highly likely that 'Fuxing Road' has not left the market yet. However, since the price of this stock has doubled from the bottom, even if Mr. Su's 'Fuxing Road' helps to lock the position, Mr. Su's influence on the subsequent trend of this stock should also show a diminishing marginal effect."

"Well, the cost-effectiveness of Oriental Yuhong's involvement is indeed not high."

"Among the two cities, Huawen Online is the strongest core leader."

"Based on today's market trend, the check for 'Huawen Online' should be considered to have somewhat blocked the check for 'Oriental Yuhong'."

"Completely different main lines, completely different capital trading styles and trends, I don't think it can be considered as blocking positions? Since President Su's Fuxing Road intervened, the Oriental Yuhong check has obviously been following the rising trend of large funds. In fact, from the bottom to the current doubling stage, the days when the check was really strongly closed at the daily limit are very limited, only a few short trading days. The market trend of the Huawen Online check is completely different from that of Oriental Yuhong. The Huawen Online check is obviously following the style of continuous limit, which is dominated by hot money. This market trend is very explosive, but the sustainability... I don't think it will necessarily be as long-lasting as the Oriental Yuhong check."

"I agree. The two checks belong to different core themes. They cannot be said to be blocking each other. Moreover, the market trends of the two checks are indeed different in trend style."

"I think the two-check market has not ended yet."

"It's just that the profit and loss risk ratio of 'Chinese Online' is currently higher."

"In addition to the two main themes of 'big infrastructure' and 'emerging industrial chains', is there no one paying attention to the 'reorganization and backdoor listing' line today? I feel that this line is also very good today. Even the ST sector has been driven up today. Many ST stocks closed at the daily limit."

"'Reorganization and backdoor listing'? It doesn't seem to have much potential, right?"

“Isn’t it said that subsequent IPO approvals will be normalized, and even the registration system will be accelerated? Then ‘reorganization and backdoor listing’ won’t make much sense, and there won’t be any important hype.”

"I think the explosion of the 'reorganization and backdoor listing' line today is mainly due to the self-rescue behavior of the group of funds that were trapped in the early stage after the accelerated rebound of the ChiNext Index."

"I agree. This line has little room for imagination under the expectation of the subsequent registration system."

"If we talk about unusual movements, the movements in the agriculture and animal husbandry sectors this afternoon are even more obvious." "The unusual movements in the animal husbandry and agriculture sectors were caused by the internal meeting of senior executives this afternoon, right? However, agriculture has never been a hot topic for market speculation, so I don't think we need to pay too much attention to it."

“Indeed, agriculture and animal husbandry are quite unpopular.”

"It is better to rely on market hot spots and focus on sectors with huge flexibility, such as 'film and television media', 'domestic software', and 'Internet finance'."

"It all depends on how long it lasts. I feel that after the explosion of small and medium-sized stocks today, market sentiment seems a bit overheated. If the trend continues to exceed expectations, I'm afraid that Huawen Online will have to show a stronger trend and continue to exceed expectations."

"If there are three, there will be five. If there are five, there will be seven. I feel that with this round of hype, 'Huawen Online' has a chance to reach the height of 7 boards."

"The market value of the 'Chinese Online' check is relatively small. In fact, even if it hits the 7-board space, given the current market's gradually increasing volume, it won't be difficult to take it over, right?"

"Compared to the transaction amount before the check of 'Oriental Yuhong', it is definitely not difficult."

"The current circulation of Huawen Online is less than 40 billion. Even if the current price doubles, I think the market can fully bear it."

"If the current price doubles again, I dare not even think about it!"

"What's there to be afraid of? It seems that there haven't been any big monster stocks with particularly large gains in the market this year? With the current market sentiment, I think the check for 'Huawen Online' has a good chance."

"So far in this year's market, apart from the doubling of the stock 'Oriental Yuhong', there has indeed been no particularly large increase in the stock price."

"Look at last year's 'Teli A', 'Mei Yan Ji Xiang' and other stocks. Now 'Hua Wen Online' has only just reached its peak. Maybe it's still at the foot of the mountain."

"That's different. Last year's market environment was much better than this year."

"As long as the market turnover does not continue to shrink, I think it will be no problem for the 'Chinese Online' check to reach the 7th board."

"The trading volume shouldn't continue to shrink, right? Looking at the situation at the end of today's trading session, it's clear that off-market funds are actively entering the market to take over."

"It's hard to say. The overall market volume has increased, especially the 'big infrastructure' main line, as well as the core weighted main lines of liquor, white goods, medicine, consumption, electricity, and finance, which are biased towards the main board, and some branch sectors where institutional funds are grouped together. The volume has shrunk seriously recently."

"The main line of weight doesn't matter, as long as the weight doesn't fall, it's fine. The volume will flow into the small and medium-sized stocks and micro-cap stocks, which will be good for everyone. Who has how many weighted stocks in their hands now? Most people's holdings are still mainly concentrated in the small and medium-sized stocks and micro-cap concept stocks."

"That's true. As long as the volume of the ChiNext Index can increase gradually, that's fine."

"Let's take a look at the Dragon and Tiger List first. In the late afternoon trading, although the intraday volume increased rapidly, it was not the influx of off-market funds. Whether there was any adjustment of institutional funds, we still need to verify it with the market's Dragon and Tiger List data. If the institutional main funds still have no signs of actively adjusting their positions in the direction of the GEM, or small and medium-sized caps, small and micro-cap growth stocks, then I think our expectations should not be too high. It is difficult to maintain a continuous market trend of a core main line with the speculation of hot money alone!"

"That can't be said. What's wrong with hot money? The investment vision of many institutions is not even close to that of the first-line hot money in the market. And isn't Huayi Capital, the core force in the market now, the one headed by President Su, transformed from the hot money before?"

"I think whether it is institutional or hot money, the nature of the funds is not important. What matters is whether it is a net buy or a net sell."

"Yes, as long as large funds continue to flow in, it means there is still room for the market to rise."

"The volume of the check for 'Chinese Online' has shrunk so much today. There must be a net inflow of big funds, right?"

"There are also 'Huawen Media', 'Ren Zixing', '2345', 'Quantong Education'... The Dragon and Tiger List data of these stocks should also be paid special attention to."

With heated discussions among countless retail investors across the Internet and excited post-market sentiment.

Before I knew it, time had already flown quickly and it was already 5 o'clock in the afternoon.

Under the watchful eyes of countless eyes inside and outside the venue, the Dragon and Tiger List data of the two cities were refreshed on time.

According to the updated data of the Dragon and Tiger List of the two cities, we can see that the highly anticipated 'Huawen Online' is clearly listed on the list. At the same time, highly watched stocks such as '2345', 'Huawen Media', and 'Ren Zixing' are also on the list.

Among them, the Dragon and Tiger List data of 'Huawen Online' is shown.

Hot money sold financial products worth more than 5600 million, while the purchase amount reached more than 6800 million, with a total net purchase amount of more than 1200 million.

This is consistent with everyone's speculation before the Dragon and Tiger List was disclosed. It also shows that at this position, the expectations of the hot money in the market for this check are still relatively consistent, and they are willing to take over and go long at this position. It also shows that the market trend of this check will most likely not stop here.

Except for the check from 'Chinese Online'.

The check for 'Chinese Media' has a very high correlation with the trend of this check.

The buying and selling seats on the Dragon and Tiger List showed that there was also an institutional seat that bought nearly 2000 million yuan during the day.

As for the 'Oriental Yuhong' check, which everyone is also paying close attention to, it did not rise due to the insufficient intraday fluctuation amplitude, increase and transaction volume. Naturally, it is impossible to see whether the core main capital of 'Fuxing Road' has reduced its position to stop profit.

However, although the check from 'Oriental Yuhong' failed to make it onto the Dragon and Tiger List.

However, in the main field of "big infrastructure", "Huaxin Cement", which had frequent intraday movements today, was on the list. Moreover, even though the stock closed down 5 points, the buying and selling data disclosed in the list showed that institutions were in a net buying state, while hot money was in a net selling state.

"It's really strange. The Dragon and Tiger List data of 'Huawen Online', 'Huawen Media', 'Ren Zixing'... these stocks are all in line with expectations, except for 'Huaxin Cement'... the Dragon and Tiger List data is a bit strange." After the Dragon and Tiger List data of the two cities were disclosed, Li Jinshi, one of the main speculators of the 'Fushan Group', stared at the Dragon and Tiger List buying and selling data of 'Huaxin Cement', and was obviously puzzled. "This stock fell 5 points against the trend, but institutions actually showed a net buying trend. This is a bit strange. The net purchase of institutions is close to 2000 million. Why is the intraday trend of this stock so weak and closed at such a large drop?" (End of this chapter)