Rebirth of the Capital Legend

At 10:42, with "Huawen Online" breaking out of the second consecutive limit trend, the check of "Huawen Online" was directly driven to more than 5% daily limit. At the same time, stocks such as "Guangdong Media", "Huace Film and Television", "Quantong Education", "Maruda Film and Television"... also rebounded across the board. Among them, "Guangdong Media" even rebounded again from near the limit position to a state close to the red market.

At 10:43, Huace Film & TV suddenly emerged as a strong force, surging more than 4 points in one minute, with the market increase exceeding 7%.

At 10:44, the share price of Maruda Film and Television rose by 3%.

At 10:45, the entire film and television media, Internet software, and Internet application sectors all saw increases exceeding 1%.

At 10:46, the number of stocks in the green in the two markets reached more than 1500, accounting for more than half.

At 10:47, the stock of "Huace Film & TV" paused briefly from the 7% increase, and then continued to rise violently, hitting the daily limit.

At 10:48, the check for "Guangdong Media" successfully turned red and rose.

At 10:49, the check for "Huace Film & TV" successfully hit the daily limit, and the number of large orders reached more than 20 in just over ten seconds.

At 10:50, when Huace Film & TV hit the daily limit and blocked the daily limit, Huawen Media also continued to increase its volume and the increase in the market reached 6%. However, compared with the decisive trend of Huace Film & TV, it is obvious that the trend of Huawen Media is much more hesitant.

At 10:51, the share price of Guangdong Media rose by 1.5%, with a daily rebound of more than 10 points.

At 10:52, the number of stocks in the market that were in the green reached more than 1700. A large number of active capital groups in the market began to flow into major industry sectors and concept sectors where small and medium-sized and micro-cap stocks were concentrated. At the same time, a number of leading small and medium-sized and micro-cap concept stocks also received further attention and concentrated speculation from active capital groups in the market.

At 10:53, the share price of Guangdong Media rose by 2%.

At 10:54, driven by the continued rebound of film and television media, Internet software, and Internet applications sectors, the growth rate of the ChiNext Index once again exceeded that of the Shanghai Composite Index. The active short-term capital groups within the market continued to concentrate on small and medium-sized and micro-cap stocks.

At 10:55, Baofeng Technology suddenly saw a rapid rise, with the volume increasing by as much as 5%.

At 10:56, the "Internet Finance" sector showed unusual movements as the overall market bullish sentiment rebounded and bullish confidence continued to rise.

At 10:57, in the field of "Internet Finance", Flush and Eastmoney showed synchronous abnormal movement and rose. At the same time, a number of "Internet Finance" concept stocks such as Yinzhijie, Jinzheng Shares, Longtou Shares, etc. also instantly attracted the attention of short-term capital groups.

At 10:58, the check for "Longtou Shares" suddenly burst out with extremely strong volume, and the stock price soared.

At 10:59, Longtou Shares surged to 5% in one minute, and its intraday trading volume increased by more than 10 times.

At 11:7 am, the stock of Longtou Shares continued to surge upward, with the share price rising by % within the day.

At 11:01, 'Longtou Shares' successfully hit the daily limit, becoming the first concept stock in the entire 'Internet Finance' sector to hit the daily limit. Moreover, at the moment this check hit the daily limit, a huge amount of follow-up funds gathered and directly blocked this check at the daily limit.

At 11:02, after the stock price of 'Longtou Shares' hit the daily limit, the share prices of related concept stocks such as Yinzhijie and Jinzheng Shares once again surged. Among them, the stock price of Yinzhijie was directly pulled up to a position of nearly 1000% by a large order of 6 million main buying funds due to its small circulating volume and the distance of the concentrated locked-in shares in the early stage.

At 11:03, the surge in the share price of 'Yinzhijie' fell back slightly, gradually returning to the 5% increase. At the same time, the share prices of Oriental Fortune and Flush continued to fluctuate upward, and the increase in the market expanded from around 1% to 2%.

At 11:04, the unusual movement of the "Internet Finance" sector also drove up other related financial concept sectors, as well as the restructuring and shell company concept sector.

At 11:05, many restructuring and shell company concept stocks that had no fundamental support but had fallen sharply and were still at relatively low levels attracted the attention of many short-term capital groups.

At 11:06, Bird shares suddenly surged.

At 11:07, the number of stocks in the market that closed in the green further increased to more than 1800. As the market trading time progressed, the market's investment sentiment and confidence continued to pick up.

At 11:08, when the main sectors of the "emerging industrial chain" such as film and television media, Internet software, Internet applications, electronic information, etc. continued to rebound and strengthen, and continued to attract the attention of short-term capital groups in the market, the branch sector of the "smartphone industry chain" also attracted the attention of many short-term capital groups in the market. Among them, the check of "Lixun Precision" became the buying target of many active main capital groups in the market, and the stock price continued to rise.

At 11:09, when the overall investment trend of the market was clearly more inclined towards small and medium-sized stocks and micro-cap stocks, the main areas of main board weights that had performed well and were generally strong before 10 o'clock, such as liquor, white appliances, medicine, consumption, electricity, finance and other sectors, began to decline again. Many active fund groups concentrated in these sectors and leading stocks in these industries gave up certainty and embraced flexibility when the overall market sentiment rebounded, investment confidence rebounded, and investment risk appetite continued to increase.

At 11:10, due to the brief decline of the main lines of the main board, the A50 Index and the Shanghai Composite Index all experienced a certain degree of brief decline, and gradually fell behind the growth of the Shenzhen Composite Index and the ChiNext Index. Among them, in the field of major financial main lines, the decline of the banking sector and the capital outflow pattern were the most obvious and serious.

At 11:11, the price of the check "Lixun Precision" increased by 5%, and the market's attention to this check was increasing.

At 11:12, 'Baofeng Technology' finally hit the daily limit under the push of a large number of main buying funds.

At 11:13, Baofeng Technology hit the daily limit, showing a clear bottom reversal trend.

At 11:14, thanks to the surge in Lixun Precision, stocks such as Goertek, O-Film Technology, and Changying Precision in the "smartphone industry chain" sector also followed suit and surged.

At 11:15, after breaking through 3100 points, the Shanghai Composite Index fell back to below 3100 points due to the decline of a number of main sectors on the main board. The decline of the Shanghai Composite Index to below 3100 points relatively suppressed the further fermentation of market investment sentiment and the further recovery of investment confidence.

So, at 11:16, the Shenzhen Composite Index and the ChiNext Index also began to plunge.

At 11:17, Baofeng Technology, which had hit the daily limit, suddenly fell back. Within one minute, the stock price fell from the daily limit to an 8.5% increase.

At 11:18, the share price of 'Lixun Precision' fell back to within 5%.

At 11:19 AM, the stock 'Guangdong Media', which had previously reached a maximum increase of 2.2%, also experienced a sharp drop within the next minute or two, with its share price turning negative again. At 11:20 AM, 'Baofeng Technology' attempted to recapture its limit-up price, but unfortunately failed.

At 11:21, the share price increase of "Lixun Precision" fell back to around 4.2%. At the same time, the number of stocks in the green in the two markets also fell from more than 1800 to more than 1600.

At 1:22, the share price of 'Guangdong Media' turned green and fell back to around 2%. At the same time, the increase in the share price of 'Huawen Media' also fell back to below 5%. However, 'Huace Film & TV' still hit the daily limit at this moment, with no signs of a break.

At 11:23, the growth rate of the ChiNext Index fell back to around 1.1%, while the growth rates of the CSI 500 Index and the All-China Securities 1000 Index had both fallen back to less than 1%. At this moment, the number of stocks in the green in the two markets fell back to around 1500.

At 11:24, after a brief plunge, the Shanghai Composite Index stabilized around 3090 points.

At 11:25, the active capital groups in the market once again concentrated on the more certain "big infrastructure" main line, and speculated on the "new energy industry chain" main line. At this moment, popular concept stocks in the "big infrastructure" main line field such as "Capital Group", "Financial Street", "Shenhuo Shares"... began to rise against the trend, setting a new high in the market, and "Huaxin Cement" also approached the daily limit again.

At 11:26, the increase of "Baofeng Technology" fell back to around 7%.

At 11:28, in the field of "Internet Finance", Yinzhijie, a stock that had previously risen sharply, has now fallen from a high of nearly 7% to a 3% increase. The entire movement has completely formed a pulse-like movement trend.

At 11:29, the two defensive main-line sectors of liquor and white appliances seemed to have rebounded.

Finally, when 11:30 arrived and the two markets ushered in the midday closing, the Shanghai Composite Index, the ChiNext Index, and the CSI 500 Index all fell back to within 1% of the increase.

Facing this morning's closing situation...

Various investor groups in the market, including retail investors, hot money, and institutional groups.

Although everyone felt that the overall downward trend near the midday closing was somewhat unsatisfactory, in terms of the overall trend, everyone generally felt that it was in line with expectations, or even slightly exceeded expectations.

After all, after the market's dramatic turnaround last Friday.

In fact, everyone does not have high expectations for today's market performance.

The general hope is that the market will not fall sharply, or that it can stabilize, so that the trend of last Friday can be further clarified.

However, although everyone feels that the trend of the index and the overall market situation are in line with expectations.

However, for many market leading core concept stocks, many people feel that they still exceeded expectations, judging from the morning's trends.

Compared with last Friday, the market volume has not declined significantly.

This shows that stimulated by the market trend last Friday, there are still many active off-market fund groups intervening in the market to take over today.

It also shows that there is indeed incremental off-market funds involved.

And this is enough for many people.

After all, quantity comes before price, and only with quantity can there be market conditions.

"This morning's market trends were generally in line with expectations." After the two markets closed, Zhao Zhiyuan, a member of the Qilu Gang's main speculators, took a quick look at the specific market trends and reviewed them. He said, "I just didn't expect that in the film and television media sector, after the core leading stock 'Huawen Online' hit its daily limit, it was actually 'Huace Film and Television' that took the lead and hit the daily limit before 'Huawen Media', becoming the second-largest follower of 'Huawen Online' at this stage. This is quite incredible and beyond expectations!"

"It's not surprising, actually." Zhang Wei took over after hearing Zhao Zhiyuan's words. "There were some issues with the 'Huawen Media' check to begin with. The circulating stock is a bit large, and the market capitalization is not small. Also, the market often loves novelty and dislikes the old. Similar stocks with similar concepts but lower positions can be hyped up. And once the market rises, various funds in the market quickly and actively follow the trend. There's no point in clinging to the old leading stock."

Liang Jiucheng nodded slightly after hearing what Zhao Zhiyuan said. He said, "Indeed, the market always loves novelty and dislikes the old. Aside from the core concept leaders that are highly recognizable and widely recognized by various market funds and numerous investor groups, other trend-following stocks generally find it difficult to achieve consistent gains. It's understandable that 'Huawen Media' won't show any gains today. Of course, if it does, that's understandable."

"It seems that the arbitrage of this check will end in failure." Zhao Zhiyuan sighed and said, "It's really a pity. Even with such a good opportunity, I couldn't create space."

"Before Huace Film & TV's stock price hit the daily limit, it was clear that Huawen Media had a chance," Zhang Wei said. "But after it did, the stock's price was stuck, making it more difficult to move higher. Unless the entire film and television media sector explodes like it did last Friday, which is obviously unlikely. Today's market momentum is clearly weaker than last Friday's."

"It's not like today's market is any weaker than last Friday," Liang Jiucheng said. "It's mainly because last Friday's market trend led to a lot of profit-taking, and these profit-taking funds need to be digested in today's trend. Therefore, the market can't continue to rise and move out of the unilateral trend. After all, the market hasn't reached the point of a so-called bear-bull transition yet. Although market volume has stabilized, it hasn't expanded further."

"I can only say that the index performance is okay. Regarding the performance of the major hot themes, with the exception of the 'new energy industry chain,' the 'major infrastructure' and 'smartphone industry chain' have slightly exceeded expectations," Zhao Zhiyuan said. "Other hot themes in the market are still somewhat problematic, especially the film and television media, internet software, internet applications, and other related concept sectors.

You said that these branch sectors have strong trends, but that doesn’t seem to be the case.

But you say that these sub-sectors are weak, but in the sell-off situation in the morning, they were able to quickly pull up and form a red market trend to catch up with the index's growth.

But I just feel that these branches are very entangled, and the chip structure in the market can never settle down.

And looking at the entire main line area.

It seems that only 'Huawen Online' is the leading stock in this concept sector, capable of carrying the momentum and driving up other stocks, thus creating a certain degree of combined sentiment and capital support. (End of Chapter)