Rebirth of the Capital Legend

In the instant when the market situation changes rapidly.

The intraday trading volume in both markets also surged rapidly, with countless bargain hunters entering the market. At the same time, a large number of sell orders that had been piling up on the market were quickly withdrawn.

However, this occurred amidst rapid fluctuations across almost all industry sectors in the entire market.

The banking, liquor, and white goods sectors, which were expected to be safe havens in the morning, as well as the power and pharmaceutical sectors, which also had similar safe-haven attributes, did not perform well.

Among them, the liquor and white goods sectors showed different trends compared to the morning's trading.

At the very moment the market opened in the afternoon, there was a situation where the number of sell orders far exceeded the number of buy orders.

As for the major financial sectors such as banking, insurance, and securities, they were supported by the positive news released by the central bank that interest rates and reserve requirements would be lowered in the future. Although they did not show a particularly strong performance at the opening of the afternoon session, they maintained a sideways trend, with the overall selling and buying volume remaining balanced.

The 'emerging industrial chain' sector performed the weakest in the morning.

In particular, the performance of the film and television media, internet software, and internet applications sectors is significantly weaker than that of other main market themes.

Moreover, it is a core leading stock in the three major sectors of film and television media, internet software, and internet applications.

Among the three stocks that dragged down the entire market in the morning session—"Huawen Online," "Huawen Media," and "Yue Media"—the core leading stocks from the previous period remained locked at their daily limit down at the opening, with little effort from investors to push them back up. Furthermore, "LeTV" failed to stage a stronger-than-expected rebound at the opening of the afternoon session, thus failing to provide guidance for the film and television media, internet software, and internet application sectors.

And the main theme of the 'new energy industry chain' exploded instantly.

Despite siphoning almost all the bargain-hunting funds and active short-term funds from the market, this extreme bullish sentiment failed to quickly spread to the film and television media, internet software, and internet application sectors. Instead, the consumer electronics sector and the smartphone industry chain sector, which showed some similarities to the 'new energy industry chain' theme in the morning's trading, were the main sectors that benefited.

Their performance at this moment is clearly more dominant.

Moreover, it quickly became the second strongest theme in the market after the 'new energy industry chain', attracting a large amount of bargain-hunting funds.

The "major infrastructure" theme, which also garnered significant market attention, showed some resilience in the morning's trading.

Therefore, his performance at this moment was somewhat unsatisfactory.

In the "major infrastructure" sector, not only have heavyweight industry leaders such as Conch Cement, Huaxin Building Materials, Poly Real Estate, Huaguo Construction, Huaguo Railway Construction, and China Merchants Shekou failed to attract the attention of the corresponding concentrated buying funds.

Even stocks with relatively small circulating shares, such as 'Huaxin Cement', 'Tianshan Cement', and 'Shougang Group', have not received strong buying attention from major investors.

Among them, Huaxin Cement, a core hot stock in the market, once hit the daily limit in the morning.

Even after the market opened, it continued to decline slightly.

However, at a time when the performance of many stocks was unsatisfactory, the stock 'Oriental Yuhong', which had been clearly viewed negatively by many investors, suddenly stood up. Its stock price rose rapidly from deep water to near positive territory in just one minute.

"Holy crap, the trend of the 'new energy industry chain' is just too outrageous!"

After the market opened in the afternoon, Li Jinshi, a member of the "Fushan Group" of major speculative investors, stared at the rapidly changing market trends and exclaimed in surprise, "The number of stocks hitting the daily limit in an instant is approaching 20! And even a large-cap stock like 'Changan Automobile' can hit the daily limit in an instant. It's really too strong."

“It’s no surprise that the ‘new energy industry chain’ is performing strongly, right?” Chen Guiyun said. “The positive news during the lunch break mainly targets the ‘new energy industry chain’. On the other hand, the news released by the central bank has relatively limited positive impact. The only commendable point is that it will not follow the Fed’s interest rate hike.”

"However, the 'new energy industry chain' sector, despite its sudden surge after the market opened in the afternoon, didn't seem to fully drive other major sectors in the market," Li Jinshi continued. "Across the entire market, apart from the related industry sectors and concept sectors and their corresponding stocks that reversed instantly, the reversals in other industry sectors and concept sectors weren't very significant. Even the major sectors like 'film and television media,' 'internet software,' and 'internet applications' are still in a state of sharp decline. 'LeTV,' a core component stock of the ChiNext index, is still maintaining a decline of around 7%, although the trading volume has clearly increased."

"Whether the major positive news at noon can save the market at this point and enable it to stage a deep V-shaped reversal remains to be seen," Liao Guoxiang added. "However, the performance of the 'new energy industry chain' in the first two minutes of trading was clearly beyond expectations."

Many funds placed orders at the beginning of the trading day to chase the rise of popular stocks in the "new energy industry chain" sector.

In the absence of these stock shares.

It is highly likely that the flow will move towards popular stocks in other main sectors.

Therefore, let's wait and see how things develop. There's no need to rush to conclusions. I believe that with such significant positive news and the market having largely exhausted its downward momentum at this level, it's quite possible for the trend to reverse and a sharp V-shaped rebound within the day.

“Yes, we can wait for the bullets to fly a little longer.” Chen Guiyun nodded and said, “Look at the stock of Shuguang Shares. In just one minute, a million lots of buy orders were placed. I feel that the funds that placed these orders will likely withdraw them and go to buy other stocks if they can’t buy any more shares.”

"The decline in the ChiNext index has quickly narrowed from around 4% at the morning close to less than 2%, which feels very promising!" Li Jinshi chuckled. "Unfortunately, the buy order for 'Dofluoride' that I placed immediately after the positive news was released didn't go through. What do you think... should I cancel the order and buy other stocks?"

“You can definitely cancel your order,” Chen Guiyun said. “Right now, the market’s investment sentiment is clearly recovering rapidly. At this time, it’s obviously better to buy other hot stocks that are still in deep water than to chase stocks that have hit the daily limit. The profit margin is also greater. In the ‘new energy industry chain’ sector, many of the stocks that hit the daily limit were hit with no volume. It feels like we’ll have to wait until tomorrow when the market opens and there’s a divergence in funds before we can get involved in the hot stocks in this sector. We simply can’t buy in now.”

"Sigh...that's true indeed." Li Jinshi sighed softly, saying, "This morning, I was still glad that my position was low, but now...I really wish I could go all in instantly."

"If you want to go all in at once, that's fine too!" Liao Guoxiang chuckled. "It's not like all the stocks in the market have hit their daily limit. There are still many stocks at the bottom. Just buy them directly."

"Then we still can't just buy whatever we want, right?" Li Jinshi said.

"Old Liao, do you think there's still a chance for 'Huaxin Cement' this afternoon?" Chen Guiyun suddenly asked. "It feels like the stock's performance in the first few minutes after the market opened this afternoon was a bit below expectations. It should have rebounded decisively and hit the daily limit again."

"I think 'Huaxin Cement' still has a chance to hit the daily limit again this afternoon," Liao Guoxiang said after thinking for a while. "Although the 'major infrastructure' sector is not a direct beneficiary of the two major positive factors in this round, its underlying logic is still very strong. Moreover, major institutional groups in the market love to speculate on this theme and this sector, and there are quite a lot of active funds gathered in this sector."

The plate is just a bit big.

And the moment the market opened, all the funds in the market rushed to the 'new energy industry chain' sector.

There's simply no active capital flowing into this area.

However, once the large amount of capital chasing the 'new energy industry chain' realizes what's happening, it will definitely flow back into this sector for further speculation. Furthermore, just look at the case of 'Beijiang Transportation Construction'.

Currently, this check is still in a situation where large orders are completely blocked.

With this check as a guide for sentiment, it can be said that the risk of failure in the hype surrounding the "major infrastructure" theme is not high.

Moreover, the overall position of 'Huaxin Cement' is not high, and today's limit-up is only its second limit-up.

And there is...

Look at the stock 'Oriental Yuhong', it's already taken off.

Although no one is sure whether the funds from 'Fuxing Road' are still invested in this stock.

However, the emotional impact and guiding role of this check on the entire "major infrastructure" theme are clearly not to be ignored.

In other words, it involves analyzing from various aspects.

There is still room for continued speculation and trading in the "major infrastructure" sector.

Moreover, if Huaxin Cement hits its daily limit again, the funds that entered at this level will have considerable profit potential, and there will definitely be people manipulating the market.

Of course, this is also considering the size of the circulating shares.

Compare this batch of stocks, including 'Huaxin Cement', 'Tianshan Cement', 'Shougang Group', and 'Shenhuo Shares'...

Personally, I still prefer the stock 'Tianshan Cement'. After all, it has the smallest circulating shares, and it should be able to rise as soon as funds are ignited.

Looking at the morning's trading, the stock 'Beijiang Jiaojian' and 'Huaxin Cement' showed divergent trends.

Isn't it simply because the circulating shares are small enough that there's not much pressure to lock in the price at the limit up price?

“Yes, that makes sense,” Chen Guiyun said. “The underlying logic of the ‘major infrastructure’ sector is indeed quite strong, and it enjoys high market acceptance.”

“Looking at the market trend in the first few minutes after the market opened this afternoon, and the feedback from the market…” Li Jinshi said, “Doesn’t it feel like ‘Oriental Yuhong’ is clearly stronger and more proactive? It feels like after the concentrated sell-off this morning, a large number of floating shares accumulated in Oriental Yuhong in the early stages have been washed out.”

"If you feel that other stocks are not safe, buying 'Oriental Yuhong' is definitely a good choice," Liao Guoxiang said. "At least outperforming the market is no problem at all."

"Brother Liao, have you increased your holdings?" Chen Guiyun asked.

Liao Guoxiang smiled and said, "At the moment the market opened, when 'Changan Automobile' hit the daily limit, I decisively placed a buy order of 3000 million yuan, which has already been completed. As for the others... I just bought a few million yuan worth of 'Huaxin Cement' at the bottom, and I also bought several million yuan worth of 'Dongfang Yuhong'."

"Damn, Lao Liao, your hand speed is pretty fast!" Li Jinshi said. "I also placed an order for 'Changan Automobile' stock, but unfortunately, none of them were filled."

"You need to book in advance," Liao Guoxiang said. "Also, I've opened the VIP channel."

“No wonder,” Li Jinshi said. “But I asked the brokerage firm last time, and they said it costs more than 3000 million yuan a year to open a VIP channel. I thought about it and decided to give up.”

"Old Li, you still care about this little bit of money?" Chen Guiyun said with a smile.

Li Jinshi chuckled and said, "The market has been volatile lately, and making money is not easy. We should save where we can. Speaking of which, there's probably no chance for 'Huawen Online' and 'Huawen Media' to rebound today, right?"

"There's a high probability that Huawen Online will be included," Liao Guoxiang said. "As for follower stocks like Huawen Media and Guangdong Media, they lack market recognition and are unlikely to attract any new major funds. After all, with insufficient attention and hype, the profit margin is small, and even if they rise, there won't be enough retail investors to safely exit and reap profits. In the current market, if you want to make a reversal, Huaxin Cement and Tianshan Cement, which are the main stocks in the 'major infrastructure' sector, are the most suitable."

"Old Liao, I'll take your advice and go for the 'Huaxin Cement' check." Chen Guiyun pondered for a moment and said, "I'll try it out first."

After saying that, Chen Guiyun looked at the stock price movement of 'Huaxin Cement'.

More than 3000 million in large buy orders were quickly poured into the trading platform.

When he poured all 3000 million yuan into the stock of 'Huaxin Cement' in an instant, the stock price of 'Huaxin Cement' quickly rose from its lows to a gain of nearly 4%, recovering an increase of almost 6%.

"Hmm...it doesn't seem like there's much pressure!"

Chen Guiyun exclaimed in surprise upon seeing the stock price trend of 'Huaxin Cement'.

Subsequently, he added another 1000 million yuan to his position.

This time, as Huaxin Cement's stock price surged for the second time, the entire market's speculative capital finally rallied and made a second move.

A large number of follow-up purchases quickly flooded the 'Huaxin Cement' stock market after Chen Guiyun ignited the market.

In just two or three minutes, its stock price was driven back to the daily limit.

At this moment, seeing the certainty appear, Li Jinshi laughed heartily and symbolically added 1000 million yuan to the 'Huaxin Cement' stock to help lock in the order.

After he followed suit and placed a sell order...

As market sentiment rapidly recovers, more and more speculative buying begins to accumulate at the daily limit.

Then, at 1:08 PM, eight minutes after the opening of the two stock exchanges, with the combined force of numerous funds, 'Huaxin Cement,' a stock that had performed extremely strongly in the morning and was once regarded by a large number of short-term funds as the leader of this market rebound, finally and completely locked at the daily limit up. (End of this chapter)