Rebirth of the Capital Legend

Among them, Pingmei Energy, which saw frequent fluctuations in the morning and was heavily speculated on by a large number of active speculative funds, experienced a surge in buying as soon as the market opened in the afternoon, after the midday build-up of sentiment and a rapid increase in investor attention. This caused its stock price to surge to near the daily limit almost instantly.

Meanwhile, Pingmei Energy continued its unusual upward trend.

Other related stocks in the same sector, such as Jincheng Coal Industry, Yanzhou Coal Industry, and Shenhuo Shares, also showed varying degrees of abnormal upward movement.

Furthermore, at this moment, the heavyweight stock 'Shenhua Coal Industry' also attracted the attention of a large amount of major buying funds.

Of course, this occurred amidst a rapid rise in the corresponding stocks in the coal sector.

As the steel and non-ferrous metals sectors move in the same direction as the coal sector, there are increasingly more concept stocks and constituent stocks in these sectors exhibiting unusual price movements.

At 1:03, Bayi Steel surged by more than 4% in just two or three minutes, with the stock price quickly rising to nearly 7%.

At 1:07 PM, the gains of Tianqi Lithium and Ganfeng Lithium both exceeded 4%, while at the same time, Tinci Materials and Penghui Energy had already hit their daily limit. Other related stocks such as Do-Fluoride Chemicals, Lead Intelligent Equipment, and Guoxuan High-Tech also showed a continuous upward trend.

At 1:09, Valin Steel suddenly showed unusual activity, with its stock price forming an upward straight line, quickly surging in volume, and successfully hitting the daily limit up.

At 1:12, the indices for steel, coal, and non-ferrous metals all rose by more than 1.5%.

At 1:14 PM, the lithium battery sector index, a key part of the new energy industry chain, rose by approximately 2.2%.

At 1:16 PM, Shenhuo Coal & Power Co., Ltd. saw its share price rise by 5%, and at the same time, Shenhua Coal Industry Co., Ltd., a core weighted stock in the coal sector, also saw its share price rise by more than 2.5%.

At 1:18 PM, following Valin Steel, Chongqing Iron & Steel Co., Ltd. also experienced a sharp and rapid upward surge in its stock price.

At 1:19 PM, the number of stocks in positive territory in both Shanghai and Shenzhen markets began to increase significantly. With the profit-making effect brought about by the steel, coal, and non-ferrous metals sectors, more and more funds followed suit and went long. As a result, more and more stocks began to gather buying power and gradually rose in a volatile manner.

At 1:20 PM, in the film and media sector, which was previously considered a weak sector, two stocks, Tonghuashun and Eastmoney, began to rise in tandem. Amidst the unusual movements of these two stocks, the internet software and internet application sectors also began to slowly rise.

At 1:21, LeTV began to rebound, and its stock price started to turn positive.

At 1:22 PM, after being hyped up earlier, the stock 'Huawen Online', which had been falling continuously recently, began a violent rebound, showing a straight upward trend.

At 1:23 PM, the liquor, white goods, and pharmaceutical sectors continued to decline. Core heavyweight stocks such as Moutai, Wuliangye, and Luzhou Laojiao all saw their declines widen to around 1%. The decline in these major heavyweight sectors also dragged down the A50 index, which began to fluctuate downwards.

At 1:24 PM, in the smartphone supply chain sector, which had performed weakly in the morning, some Apple concept stocks began to fluctuate upwards. Among them, Lixun Precision, the leading stock, took the lead and rose steadily as the overall bullish sentiment in the sector improved. Before anyone knew it, it had risen to a gain of nearly 6%, ranking first among all Apple concept stocks in the sector.

At 1:25 PM, the stock price of 'Huawen Online' quickly rose by 5%.

At 1:26 PM, the internet software and internet application sectors continued to show unusual activity. Popular stocks with high visibility, such as Netspeed Technology, Baofeng Technology, and Quantong Education, all rose, recovering a significant portion of the market's losses. At the same time, the ChiNext Index, Shenzhen Component Index, Huazheng 500 Index, and CSI 1000 Index also rose in tandem, with small and mid-cap stocks in the market beginning a general rebound.

At 1:27, defensive sectors such as banking, consumer goods, power, and petrochemicals continued to decline.

At 1:28 PM, Dahua Technology, a company in the security and cybersecurity sectors, began to show unusual upward movement, while Hikvision's stock also benefited and showed a fluctuating upward trend.

At 1:29 PM, the indices for steel, coal, and non-ferrous metals rose again, all reaching over 2%.

At 1:30 p.m., while the Shanghai Composite Index remained basically flat, the Shenzhen Component Index and the ChiNext Index began to approach the 1% mark.

At 1:31 PM, Shenhuo Coal & Power Co., Ltd. hit the daily limit.

At 1:32, after continuous fluctuations and turnover, the stock of Beijiang Jiaojian also showed significant movement again as the overall short-term bullish sentiment in the market rapidly increased. The stock price surged to a 5% increase, and the trading volume expanded rapidly in a very short period of time, showing a strong momentum to continue to rise and create a new high, or even to hit the daily limit.

At 1:33 PM, as Beijiang Jiaojian surged, related sectors such as construction decoration, building materials, and real estate development also continued to rise. However, the overall strength of the "major infrastructure" theme today, as well as the concentration of funds and investors following suit, was significantly weaker than yesterday.

At 1:34 PM, the cement sector saw unusual activity, with Conch Cement once again reaching a new annual high for the year.

At 1:35 PM, Shenhuo Coal & Power Co., Ltd. successfully locked in the daily limit after hitting it. At this moment, the net inflow of major funds in the entire coal sector also reached 5 million yuan. Moreover, the total net inflow of major funds in the three major sectors of steel, coal and non-ferrous metals has now exceeded 15 billion yuan.

At 1:36 PM, Tianshan Cement rebounded, quickly surging to a 7% increase, showing a strong potential to hit the daily limit.

At 1:37 PM, the number of stocks closing in positive territory in both Shanghai and Shenzhen markets reached over 1800, and this number continued to increase as time went on.

At 1:38, the power and petrochemical sectors continued to decline, putting pressure on the prices of the two major oil companies.

At 1:39 PM, even the least popular sectors such as agriculture, animal husbandry, and fisheries began to attract the attention of buying funds in both markets. Among these sectors, concept stocks with smaller circulating shares showed more obvious fluctuations. Stocks such as Honghui Fruit & Vegetable and Wens Foodstuff Group even rose rapidly, attracting the concentrated attention of a large number of short-term investors and rapid buying support from follow-up funds.

At 1:40 PM, in the main sector of the Hong Kong stock market's real estate industry chain, a number of mainland property stocks also showed frequent fluctuations. For example, Hengda Real Estate and Rongchuang Real Estate both hit new annual highs at this moment, and the upward momentum was quite smooth, without any signs of stagnation or significant market pressure.

At 1:41 PM, the real estate development sector, which had previously fallen to the middle of the performance of various industry sectors, began to exert its strength again, with the sector index surging. Stocks in the sector, such as Kewan Real Estate, Greenland Holdings, China Merchants Shekou, and Gemdale Group, once again attracted a large amount of buying attention, and their stock prices rose again. Gemdale Group even hit a new recent high.

At 1:42 PM, driven by these heavyweight real estate stocks, the real estate sector index once again squeezed into the top five performing sectors in both Shanghai and Shenzhen stock exchanges, second only to coal, non-ferrous metals, and steel. At 1:43 PM, Conch Cement's gains expanded to 4%, and its share price also reached a new high.

At 1:44 PM, 'Qianzhou Moutai' continued its downward trend, turning green.

At 1:45 PM, the 5G concept sector began to show unusual activity, with the stock of Eastcom suddenly surging and even showing signs of hitting the daily limit.

At 1:46, the stock of Dongfang Communication, which had been rising rapidly, quickly reached a 6% increase on the trading screen. It was then met with a frenzy of buying from other funds in the market, and the stock price increase and trading volume both increased simultaneously. However, just as it was about to hit the daily limit, it was suddenly hit by a series of large sell orders of tens of thousands of shares.

At 1:47, the stock 'Eastern Communications' exhibited a pulse-like fluctuation pattern.

At 1:48, Oriental Yuhong continued to rise and once again reached a new recent high.

At 1:49, due to the profit-making effect of Oriental Yuhong, a large number of stocks with "Oriental" in their names attracted the attention of a large number of follow-up buyers.

At 1:50 PM, the Huazheng 500 Index surpassed the 1% intraday gain threshold.

At 1:51, the A50 index began to rebound after a period of continuous fluctuation and decline.

At 1:52 PM, the ChiNext Index reached a 1% intraday gain, and the indices of several major technology sectors, including film and television media, internet software, internet applications, and electronic information, all turned positive at this moment.

At 1:53 PM, in the Apple concept sector, Changying Precision, a previously popular stock, also saw a large influx of buying funds, causing its share price to surge by nearly 5% in just one or two minutes, bringing its price increase to 6% instantly.

At 1:54 PM, the intraday price increase of 'Lixun Precision' stock reached 5%.

At 1:55 PM, in the main sector of the new energy industry chain, including Tinci Materials and Penghui Energy, the number of stocks hitting the daily limit reached 10.

At 1:56 PM, Shuguang Shares, which had been attracting much attention from market investors and was experiencing very active trading in the early morning session, saw its share price continue to decline despite the increasingly positive short-term market sentiment.

At 1:57, the stock price of Shuguang Co., Ltd. began to turn negative.

At 2 PM sharp, Shuguang Shares' stock price fell by 1%, approaching its opening level in the morning, clearly demonstrating the market's weakness.

At 2:01 PM, people noticed the weak price movement of Shuguang Shares. Some funds in the market began to sell and take profits, which led to a brief period of concentrated selling and a short-term plunge in the new energy industry chain, which had been developing well and had a very hot speculative atmosphere.

At 2:02 PM, due to a brief plunge in the main sector of the new energy industry chain, the steel, coal, and non-ferrous metals sectors were also affected to some extent.

At 2:03 PM, the defensive heavyweight sectors such as liquor, white goods, and petrochemicals, which showed a reversal pattern to the main trend of the new energy industry chain, began to slowly rebound and rise when the related concept sectors and industry sector indices of the new energy industry chain suddenly experienced a brief plunge.

At 2:04 PM, the sharp drop originating from the new energy industry chain began to spread to more sectors.

At 2:05 PM, the film and television media, internet software, and internet applications sectors were affected and experienced a brief plunge.

At 2:06 PM, the electronics and information sector, as well as the main Apple supply chain sector, also experienced a sharp decline.

2点07分，深指、创业板指、华证500指数、全证1000指数的盘面涨幅，迅速缩窄到0.8%以内。

At 2:08, the A50 index started to rise.

At 2:09 PM, after a brief and rapid market plunge, various sectors began to slowly recover.

At 2:10 PM, the ChiNext index continued to rise, heading back towards its intraday high.

At 2:11 PM, the trends of various sectors and popular stocks in the market began to show a clear divergence from those of Shuguang Shares.

At 2:12 PM, Changying Precision, a stock in the main Apple supply chain sector, began to surge towards its daily limit.

At 2:13 PM, Changying Precision's stock hit its daily limit and remained locked at the limit.

At 2:14 PM, the intraday gains of the steel, coal, and non-ferrous metals sectors returned to the 2% mark.

At 2:15 PM, sectors related to real estate, construction and decoration, building materials, Apple concept stocks, and the new energy industry chain all rose again. The number of stocks in positive territory in both markets reached over 1700 again. Moreover, it was clearly visible that various groups of investors following the trend and the bullish sentiment in the market recovered quickly after the brief dip, forming a hot market pattern again.

"Looking at the overall market trend, it should stabilize in the final stages of today's trading and avoid a sharp drop." Noticing the market's pattern and its renewed stabilization, Zhao Zhiyuan, a member of the 'Qilu Gang' group of major speculative investors, noticed the clear divergence between the performance of other popular stocks and that of Shuguang Shares. He couldn't help but laugh and say, "I knew Shuguang Shares would have a hard time breaking out, and its market position is insufficient, limiting its influence on other popular stocks and sectors. Sure enough... I knew I shouldn't participate in this stock today."

Hearing Zhao Zhiyuan's remarks, Zhang Wei, who was also closely watching the market trends, nodded and replied, "That's true. Luckily, we didn't rush to buy Shuguang Shares this morning, otherwise... it would have been difficult to get out unscathed tomorrow morning. Tianci Materials is really strong. It's been pushing up despite the selling pressure without any sign of turning back. Moreover, the market's enthusiasm for this stock is rising very quickly. I feel that this stock is about to become the core leader of the entire new energy industry chain."

“Tianci Materials is the core leader in the new energy industry chain, right?” Zhao Zhiyuan replied. “What you probably mean is that, based on the current market enthusiasm, Tianci Materials has the potential to replicate the success of Beijiang Jiaojian, and its market position is likely to surpass Beijiang Jiaojian’s position and influence on the entire major infrastructure sector.”

Zhang Wei responded, "It certainly hasn't reached the market position of Beijiang Transportation Construction stock yet. Speaking of Beijiang Transportation Construction stock, its afternoon performance seemed a bit hesitant, judging from the trading pattern." (End of Chapter)