Rebirth of the Capital Legend

When various capital groups are not willing to intervene and there is no obvious stimulus in the market news.

The next market trend.

After the trading time entered 1: p.m., that is, after the emotions brewing in the afternoon were fully reflected in the early afternoon trading, accompanied by the daily limit of Changying Precision and the relatively local profit effect of the smartphone industry chain, as well as the local decline of film and television media, Internet software, and Internet application sectors.

In terms of volume, the market has begun to show a general trend of shrinking volume.

At the same time, due to the low willingness of short-term capital groups in the market to intervene, the major core lines of the market and a number of popular stocks began to generally show a downward trend as the trading volume shrank.

At 1:32, Storm Technology's stock price was released in huge volume during the day, and after hitting the daily limit several times, the stock price fell back to around 6.5%.

At 1:33, after Changying Precision hit the daily limit, Lixun Precision performed for a while and then began to show a clear downward trend. At the same time, corresponding concept stocks such as Goertek and OFILM also showed a clear downward trend at this time, and the profit-making effect on the market weakened.

At 1:34, the sector index growth of the three core sectors of real estate, building decoration, and building materials in the main field of "big infrastructure" also fell back, and the intraday gains of the three sector indexes generally fell back to within 2.5%. In addition, the gains of a number of related concept stocks such as "Capital Group", "Financial Street", and "Yu Development" have narrowed, and the stock price trend has fallen more significantly.

At 1:35, the Shanghai Composite Index fell back below 3095 points.

At 1:36, the growth rate of the ChiNext Index also fell back to within 1%, and the growth rates of the CSI 500 Index and the All-China Securities 1000 Index, which were strongly correlated with the ChiNext Index, also showed a clear downward trend at this time, and the growth rates of several core sector indices such as Internet software, Internet applications, and film and television media also fell.

At 1:37, the price drop of Guangdong Media's check fell back to about 4% after the huge intraday fluctuation.

At 1:38, the gains of Huawen Media's check were wiped out and the stock price fell back to the flat position.

At 1:39, the stock price of Storm Technology fell back to around 5%.

At 1:40, the growth rates of the three core concept sector indices of film and television media, Internet software, and Internet applications all fell back to within 0.5%.

At 1:41, the stock of Huawen Online, which hit the daily limit, saw an increase in trading volume. A major sell order of 7500 lots was placed, followed by some small and medium-sized sell orders. However, although there were large funds holding positions in the market and chose to take profit at this position, after this large order was placed, there were still many orders to buy shares, which resulted in an increase in trading volume, but the stock still hit the daily limit firmly.

At 1:42, large orders began to dump shares on Changying Precision's daily limit, and trading volume increased rapidly.

At 1:43, Changying Precision's stock price exploded.

At 1:44, after Changying Precision's stock price exploded rapidly, it was continuously bought by the main buyers with large orders of more than hands, and it was closed back to the daily limit position.

At 1:45, the indexes of several major sectors, including film and television media, Internet software, and Internet applications, began to turn from rising to falling.

At 1:46, the Internet finance sector plunged rapidly, and a number of stocks including Yinzhijie, Jinzheng Holdings, Flush, and Oriental Fortune... all showed a significant decline.

At 1:47, the trading volume of 'Huaxin Cement' exploded.

At 1:48, the stock of Maruda Film and Television showed a relatively obvious downward trend.

At 1:49, the gains of the three core indices, Shanghai Composite Index, Shenzhen Composite Index and ChiNext Index, all fell back to within 0.6%.

At 1:50, the market began to stabilize gradually after diving.

At 1:51, major market indices rebounded.

At 1:52, after hitting a low of 4.23% during the trading session, the stock price of Storm Technology began to rise rapidly again, and the stock price quickly soared to a 6% increase.

At 1:53, Guangdong Media, Huawen Online, and Maruda Film and Television all saw varying degrees of increases.

At 1:54, a number of stocks in the main areas of the smartphone industry chain, such as Lixun Precision, O-Film Technology, Goertek, Xinwei Communication... and other core concept leading stocks, also rebounded rapidly after a plunge. Among them, the stock price of Lixun Precision also returned to a position of more than 5%.

At 1:55, the market, after diving, began to gradually increase its volume on the way up.

At 1:56, after Lixun Precision siphoned off a large amount of follow-up buying from the market, its stock price surged to a 6.76% increase, setting a new intraday high.

At 1:57, Xinwei Communication's stock price rose violently, with the increase from around 3% to around 7%.

At 1:58 am, the Shanghai Composite Index returned to 3100 points.

At 1:59, the main weight sectors in the market, such as liquor, white goods, medicine, consumption, electricity, finance, petrochemicals, etc., began to gradually gain momentum, and the corresponding sector indexes and their corresponding core industry leading stocks all rebounded after the plunge.

At 2 pm, the Shanghai Composite Index returned to a 1% increase, and the A50 Index began to gain momentum.

At 2:01 p.m., the Shanghai Composite Index surpassed the Shenzhen Composite Index and the ChiNext Index and continued to rise. At the same time, the core component stocks of the A50 Index began to gradually outperform the small and medium-sized and micro-cap stocks in the market in terms of volume and increase in market price. A large number of active capital groups and institutional main capital groups began to concentrate on the core industry leading stocks in the core sectors of the main board, such as liquor, white appliances, medicine, consumption, electricity, finance, petrochemicals, etc.

Faced with the market trend, the trend is once again concentrating on the main line of weight.

At this moment, on all major stock investment exchange forums across the Internet, the discussion heat among the vast group of retail investors has begun to gradually soar, and the emotional differences have also begun to widen.

Many people believe that for an index to break through, it must have a good weighting performance.

Many people also believe that after the weighted main line siphons a large amount of funds from the market, it will obviously lead to other main line sectors of the market, especially a number of concept sectors concentrated in the small and medium-sized and micro-cap fields, as well as branch sectors, to insufficient volume and a serious shortage of follow-up funds, resulting in a situation where the market cannot move out.

"Damn, it feels like a large amount of active funds in the market are flowing back into the main line of the main board!"

"It seems so, but it's understandable. The main board sectors, such as liquor, white goods, pharmaceuticals, consumer goods, electricity, finance, and petrochemicals, didn't see any significant surges during last Friday's market reversal. Relatively speaking, there were fewer short-term profit-taking opportunities in these sectors, and there's also enough capital accumulation. These are the main sectors currently trading at relatively low levels across the entire market, right? It's understandable that funds are switching between high and low levels."

"What kind of high-low switching is this? Isn't it obvious that funds are sticking together?" "Sticking together is also a kind of high-low switching."

"Although the core heavyweight sectors like liquor, white goods, pharmaceuticals, consumer goods, electricity, finance, and petrochemicals didn't rebound much last Friday, they also didn't fall much earlier in the week. How can they be considered low-priced core sectors? I think these sectors are being hyped up by institutional investors, which isn't necessarily a good thing for the core trends of the entire market!"

"Anyway, the Shanghai Composite Index has passed 3100 points, which I think is enough. Before, when the weighted main line didn't rise and there wasn't a large amount of siphoning of active buying funds from other main sectors of the market, the other main sectors of the market didn't rise either. I think that if the weighted main line moves and the index trend is first played out, it will be more conducive to the subsequent market development. Otherwise, the index will be stuck here, and the sentiment will not rise, and it will be difficult for the market to move out!"

"Let's hope so. We can't say yet that the Shanghai Composite Index has stabilized at 3100 points. We have to wait and see how the market reacts tomorrow."

"Fortunately, when the weighted main line was pulled up, the market volume was amplified a bit."

"Yes, as long as the volume doesn't shrink significantly, I think the market will likely recover."

"I'm afraid we'll return to the same trend as in the first half of the year, when all the major institutional investors concentrated on the main stocks with the highest market weights, and directly abandoned the other small and medium-sized stocks and micro-cap stocks."

"It shouldn't be. Observing recent market trends, we can clearly sense that many short-term capital groups in the market are still very willing to follow the trend and speculate on small and micro-cap stocks."

"I hope so. After all, most of my positions are concentrated in small and medium-sized stocks and micro-cap stocks."

"It's the same. It's mainly the main line of weight. Compared with the previous low, it has generally risen a lot. I can't make a move at all!"

"But the weighted main line can drive market speculation and investment sentiment. I think it is a relatively benign development for the overall market."

"Yes, it seems that with the Shanghai Composite Index returning to 3100 points, other small and medium-sized stocks in the market are also gradually rebounding."

"By the way, what's going on with Baofeng Technology's check? They were clearly going strong before."

"Has Changying Precision's stock price been held back? Overall, in today's afternoon market trends, the entire film and television media sector seems to be being held back by the smartphone industry chain. Looking at the intraday charts of Baofeng Technology and Changying Precision, it's clear that the moment Changying Precision's stock price hit its daily limit, Baofeng Technology's stock price quickly fell back and weakened."

"The underlying logic of the smartphone industry chain is indeed better than that of the film and television media industry."

"That's not all. Previously, the smartphone industry chain followed the fluctuations of the new energy industry chain. Now that the new energy industry chain continues to outperform expectations, many short-term speculators in the market will naturally subconsciously invest in the smartphone industry chain."

"That makes sense, but it's not entirely true, right? I think the core logic is the expected impact of Apple's new product launch this month."

"It feels like the market has been hyping up the anticipation for Apple's new product launch for quite some time!"

"It doesn't matter how long the speculation lasts. What matters is the recognition of the funds in the market and the recognition of the large number of retail investors who follow the trend. As long as this is established, that is enough."

"Haha, that makes sense. I thought so too, so this afternoon, I decisively bought the stock of Changying Precision."

"I also bought the limit, but the fact that Changying Precision's stock price crashed just now really scared me. I felt that this stock was very recognizable in the afternoon market trend, and there was a high probability that it would have a good premium tomorrow. But now that it has crashed, I guess tomorrow's premium is hard to predict."

"I don't think it's a big problem. There are still a lot of large capital groups that have received these checks today."

"Well, the net inflow of large funds is over 6000 million. This amount is indeed considered a relatively large intraday inflow of large funds in the entire market."

"The net inflow of large funds ranks fourth in the entire market, so there is no need to worry about tomorrow's trend. I think the sentiment after today's market close will continue to ferment around Changying Precision. Tomorrow's market trend is likely to continue to hit the daily limit. Even if it doesn't hit the daily limit, then taking a premium is still a stable trend."

"I'd be satisfied with a premium. This check was originally speculative today."

"Is this check from Baofeng Technology going to come out?"

"It's highly likely I won't be able to get out. Sigh, actually, the trend of this check was pretty good this morning. What a pity..."

"Yes, this morning when Huawen Online's stock price hit the upper limit, especially when Huace Film & TV followed suit, this stock price could have hit the upper limit and formed a combined force. However, no one knows who smashed it at the time. If it hadn't been smashed, this stock price would have remained the leader!"

"Forget about the leader, right? At most, he's the follower of the film and television media industry."

"I don't think it's even the second dragon, more like the third. After all, the second dragon should be Huace Film and Television. Speaking of which, the closing power of Huace Film and Television today is really strong. Will it be like the main line of major infrastructure tomorrow in the competition with Huawen Online, just like the previous trend of Beijiang Communications Construction, and block the position of Huaxin Cement, which is the number one seed? If it really follows this script, then Huace Film and Television will be worthy of special attention."

"I don't think that's possible. Obviously, the Huawen Online check is more popular!"

"I also think it's unlikely. The reason Beijiang Communications Construction was able to block Huaxin Cement's position is mainly because Huaxin Cement's circulating shares and market capitalization are relatively larger. However, Huace Film and Television, compared to Huawen Online, don't have these conditions. Although Huawen Online has doubled from its bottom, its market capitalization is still relatively small. There's no need to switch targets to take over."

"Yeah, I think so too. So if there's a chance, I think it's safer to take over the check from Chinese Online."

"That's definitely safer."

"There are currently four core leading stocks in the market: Sugon Shares, Oriental Yuhong, Beijiang Communications Construction, and Huawen Online. These four stocks are considered leading stocks. The current certainty of other stocks is not high enough. In fact, whichever main line you are optimistic about, then invest in the core leading stocks of that main line."

"Oriental Yuhong's stock should be a separate stock."

"Yes, I think so too. The check for 'Oriental Yuhong' is really ridiculously strong. President Su is even more amazing. He has built a leader that is truly resilient."

Amidst heated discussions among countless retail investor groups.

The market trading time at this moment has already entered after 2:15.

With the support of the main market drivers, after the Shanghai Composite Index surpassed 3100 points, a clear rebound in bullish sentiment and investor confidence was felt. Other popular themes and concept stocks also saw renewed buying support, and the overall market showed a strengthening trend towards the end of the trading day. (End of Chapter)