Rebirth of the Capital Legend

Chapter 728 Emotional Divergence Among Retail Investors!

According to the updated list of top-performing stocks in the two stock exchanges, several popular stocks with high market attention, such as Shuguang Shares, Tinci Materials, Beijiang Jiaojian, Taihe Shares, Penghui Energy, and Pingmei Energy, were all on the list. However, stocks such as Lixun Precision, Oriental Yuhong, Changying Precision, Tianqi Lithium, and Ganfeng Lithium were not on the list due to insufficient turnover and price fluctuations.

"As expected, major speculative funds are still selling off large amounts of Shuguang Shares stock."

Seeing the updated trading data of the two stock exchanges, especially the net selling amount of over 4000 million yuan disclosed for Shuguang Shares, some retail investors who were focused on the trading data of this stock couldn't help but sigh.

"I told you this stock was a sure thing. Most of the money that bought the dip this morning was from retail investors, and sure enough."

"Who is this fund from Hongqiao Road? They bought about 1700 million shares of Shuguang Shares today."

"I don't know, but 1700 million in chips shouldn't be enough to control the market, right?"

"Let alone 1700 million, even if it were 4000 million worth of shares, it would be very difficult to truly control the stock given the size of Shuguang Shares' circulating shares."

"Hongqiao Road is the only major speculative capital among the funds that bought Shuguang Shares today."

"Compared to the combined selling amount of over 5000 million from other speculative funds, this buying amount of 1700 million is really just a drop in the bucket. Sigh... The data from the trading data of Shuguang Shares basically indicates that the stock will inevitably fall tomorrow. Damn it, I finally managed to buy at the bottom, but it feels like I bought it halfway down the mountain."

"Indeed, the trading data for Shuguang Shares today is really bad."

"There were too many profit-taking positions from the previous positions, and the subsequent influx of funds simply couldn't absorb such a large amount of selling pressure."

"It's not entirely due to the profit-taking by those who have been holding the stock; there's also the issue of the stock's circulating shares."

"That's right. If the circulating shares of this stock were slightly smaller, I estimate that it would have hit the daily limit today. It's because the circulating shares are too large that the funds available to buy in couldn't withstand the continuous selling pressure in time. This directly led to a lack of confidence among the funds that followed the trend to buy. So, as the market trading time went on, everyone gradually gave up on this stock and flocked to stocks like Tinci Materials."

"Even if Shuguang Shares has a slightly smaller circulating share capital, I think it would be difficult for it to break out."

"Yes, I think so too. The fundamentals of this stock are not very good, and the continuous limit-up moves have led to a serious gap in the shareholding structure."

"In general, people's expectations for the future of this stock are not strong."

"In any case, whether it's the size of the circulating shares, the degree of follow-up investment, or future expectations, Shuguang Shares is not as good as Tinci Materials. As long as the overall market sentiment is not too bad, if funds want to speculate on the new energy industry chain, there is no reason to abandon Tinci Materials and concentrate on speculating on Shuguang Shares. In other words, if Tinci Materials does not perform well and does not form a sustained upward trend, then Shuguang Shares is unlikely to have much of a chance to perform well."

"Anyway, if I had to choose between Shuguang Shares and Tinci Materials, I would definitely choose to go long on Tinci Materials."

"Yes, I think so too."

"Speaking of Tianci Materials stock, the trading data on the daily stock exchange today should be pretty good, right?"

"Of course, from the trading data it disclosed, it can be seen that the main speculative funds in the market are still continuously driving up the stock price of Tinci Materials."

"Yes, the major trading seats show that the main speculative funds are still making net purchases."

"Besides speculative funds, an institutional investor also appeared on the buy list of Tianci Materials today, which is somewhat unexpected."

"Indeed, I never expected that there would be institutional buyers purchasing this stock at such a high price."

"What's the background of this institutional seat?"

"I don't know, but it should be a small institution, right? After all, the purchase amount is not large, only around 900 million."

"That's not necessarily true. The main reason this institution only bought around 900 million shares is that the circulating shares of Tianci Materials are too small, making it impossible to intervene on a large scale, right?"

"A circulating share capital of several billion is not a small amount, is it?"

"Could this institutional seat belong to 'Huayi Capital,' which is headed by President Su?"

"It's practically impossible, right? The institutional seats of 'Huayi Capital' controlled by President Su are worth tens of billions. Even if they want to invest in the main line of the new energy industry chain, they probably wouldn't buy a stock as small as Tianci Materials. However, I feel that President Su is probably still increasing his holdings in Tianqi Lithium, Ganfeng Lithium, and even Duofuduo."

"How can you tell that?"

"Of course it's just speculation. After all, Tianqi Lithium and Ganfeng Lithium don't have any data on their stock exchange's daily trading records, so we can only guess."

"It's somewhat surprising that there's no stock trading data for Do-Fluoride Chemicals today."

"The turnover rate isn't high enough, is it? Although the market capitalization of Dofluoride seems not much larger than that of Tianci Materials, its overall circulating shares are one or two times larger. Dofluoride needs to be driven up by a major player in the market with a huge amount of capital and a turnover of over 100 million yuan to drive up its stock price. Otherwise... it's difficult for a group of small market players or retail investors to move the stock price up."

"There probably aren't many active speculative funds left in the market right now, with a capital scale of hundreds of millions or even billions of yuan, right?"

"Yeah, that's true. Old Zhang hasn't been very active lately."

"It's been a long time since we've seen Alliance Leader Zhang in his seat."

"I heard that Leader Zhang has moved back to the Hong Kong stock market to trade, and he should be leaving the A-share market for the time being, right?"

"We haven't seen the 'Foshan Shadowless Kick' seat recently. I remember the last time the 'Foshan Shadowless Kick' seat appeared was when Lixun Precision's stock hit its daily limit."

"Speaking of Lixun Precision's stock, it's been performing very strongly recently. It feels like there's a super major player continuously controlling the stock."

"Could it be that the 'Shadowless Kick of Fushan' is at work?"

"It's definitely not just the 'Fushan Shadowless Kick' funds; I'm sure there are other major speculative funds involved in Lixun Precision stock."

"That's for sure, and there might even be other organizations involved."

"I have a strong feeling that President Su may have also gotten involved in Lixun Precision's stock."

"I don't think so. Before the news of Apple's new product launch is confirmed, institutional funds are unlikely to make large-scale investments in the Apple supply chain because there is still a lot of uncertainty about the prospects."

"It's a pity that Lixun Precision doesn't have any data on the stock exchange's daily trading records." "Although the expectations haven't materialized and the probability of large-scale institutional intervention is very small, the fact that Lixun Precision's stock performance has consistently outperformed other Apple concept stocks in the market seems a bit abnormal. I feel that there must be long-term funds continuously positioning and guiding this stock."

"Let's wait and see. No matter which fund is behind it, things will eventually come to light."

“That makes sense, and I have a feeling it should be Mr. Su’s ‘Huayi Capital’ institution.”

"The market discussion surrounding Beijiang Jiaojian stock has cooled down considerably today. However, judging from the trading data released by the stock exchange, the stock's future performance doesn't seem as pessimistic as many people imagine. While the major funds that profited from the earlier entry into the stock did sell off a significant amount today, new major institutional investors have entered the market to take over, with purchase amounts generally exceeding tens of millions of yuan. Furthermore, the overall trading volume still shows a slight net buying trend. Analyzing the trading data from the stock exchange, the stock's upward trend should not be over yet."

"It's clearly not over yet. Unlike Shuguang Shares, the funds that took over Beijiang Jiaojian's stock today were mostly active speculative funds in the market, while retail investors were selling more and buying less. This also shows that the internal shareholding structure of Beijiang Jiaojian's stock is still in a concentrated state."

"That's right. Since large funds are still in a net buying state overall, their internal shareholding structure must be in a state of continuous concentration."

"Looking at this stock exchange data, it was a real mistake not to buy Beijiang Jiaojian during today's trading session."

"The main reason is that the stock's intraday plunge was very short, and the buying opportunity was fleeting, so I missed it. I estimate that the stock of Beijiang Jiaojian will most likely open higher tomorrow."

"It's definitely going to open higher. Everyone thought that the stock's trading data today would show a significant outflow of funds from major players, but it turns out... it's completely different from what everyone expected. The major speculative funds are still coming in one after another. Moreover, the infrastructure theme is performing very well in the Hong Kong stock market today. If the infrastructure theme in the A-share market ends its adjustment tomorrow, I think the stock of Beijiang Jiaojian will most likely continue its previous strong momentum and open higher and hit the daily limit."

"Haha, if it really opens high and hits the daily limit, that would be great."

"That's right. Although I don't have any shares in Beijiang Jiaojian, I still hope that this stock can reach even higher levels. This would help the short-term speculative sentiment in the market recover, and other stocks that follow suit would have room to move. Otherwise, the short-term speculative potential in the market will only be further compressed."

"Compared to that, the trading data for Taihe Shares doesn't seem to offer any surprises."

"It's about average, I'd say."

"I think it's a bit below expectations, considering the net purchase amount is only around 2000 million, and the stock's performance tomorrow will likely see further divergence."

"Shouldn't things be converging by now? There's already a lot of divergence in the stock's price action today. If there's another sharp divergence tomorrow, it will be very difficult to reach consensus again. This means the stock's shareholding structure will become increasingly chaotic, and it will be harder for it to perform well in the future."

"What do you mean by 'turning to consensus'? Without any new positive expectations, it's no wonder the stock price can't rise."

"What about Pingmei Energy? What do you all think of this stock? Just looking at the stock exchange's trading data, the net inflow of funds is quite exaggerated. The circulating shares are not large, but the net inflow of funds is as high as 2700 million. It seems that... there is a lot of money scrambling to buy it."

"Looking at the trading data of Pingmei Energy, this stock will most likely rise again tomorrow."

"I just don't know if it will hit the daily limit!"

"It's hard to say, but for the investors who bought in today, there will definitely be a good premium tomorrow."

"The stocks listed today in the steel, coal, and non-ferrous metals sectors seem somewhat mismatched with the surge in their respective sector indices. Only three stocks from these three sectors made it onto the list of top-performing stocks in both Shanghai and Shenzhen stock exchanges, and the other two are popular stocks related to the lithium battery sector."

“Traditional sunset industries have limited room for growth, which I think is normal.”

"What about Tianshan Cement? While Beijiang Jiaojian failed to maintain its limit-up price and formed a sustained high-volume fluctuation today, this stock, which previously followed Beijiang Jiaojian, actually hit the limit-up price today, completely deviating from Beijiang Jiaojian's trend. I think based on this alone, the subsequent market trend of this stock is worth looking at more closely. Not to mention... its trading data shows a clear net inflow of funds from major investors."

"The cement sector has been performing quite well."

"I feel that the cement industry has already experienced a cyclical reversal, right? If it is confirmed that the industry has experienced a cyclical reversal, then the fundamental logic of Tianshan Cement stock will be greatly improved. During this period, the stock price will rise rapidly and funds will be concentrated in speculation, which I think is normal."

"The cement sector is indeed performing well; didn't Conch Cement hit a new high again today?"

What about the stock of Shougang Group?

"Shougang Group should be considered a follower stock in the real estate sector, right? In terms of independent stock movement, I feel that Shougang Group is not as good as Taihe Shares."

"Taihe Shares is actually a good stock, but too many people are optimistic about it, which gives me a bad feeling. After all, in the market, it is unlikely that most people will make money, and it is unlikely that everything will go according to everyone's expectations."

"Relatively speaking, I think Tianshan Cement is better."

"What about Shibei High-Tech Park? This stock is also quite popular in the market."

"Is Shibei High-Tech following the real estate sector index? Although this stock is popular in the market, it is not a core concept leader in the real estate sector. It should have no problem outperforming the market, but I think it is still difficult to achieve much excess market return."

"Looking at the overall buying and selling situation on the stock exchange's daily trading data, it seems that the main focus of the market's major speculative funds and institutional investors is still on the major infrastructure and new energy industry chain sectors. Other market themes have very limited active capital. Among them, the steel, coal, and non-ferrous metals sectors, which performed well today, also have some issues with the attention of major funds to their related popular concept stocks."

"That's true. It feels like the main funds in the market are still focused on the major infrastructure and new energy industry chain themes."

"The profit-making effect of other market themes is still not enough."

"With limited market liquidity, it's natural for the market to focus on the most core themes, which I think is normal."

"It seems that tomorrow's market trend will still revolve around these two main themes."

"That's for sure. We still need to keep an eye on the steel, coal, and non-ferrous metals sectors."

As countless retail investors engage in heated discussions following the update of the stock exchange's daily trading data, time continues to fly by in the market.

Soon, it was six o'clock in the afternoon.

Amidst escalating market sentiment and continued heated discussions among retail investors.

News about Apple's new product launch has started flooding the internet. At the same time, news about properties selling out on the first day or even within hours has also emerged in various regions, making the entire market appear to be visibly positive.

However, amidst all this good news...

A share reduction announcement from a major shareholder of LeEco has ignited the market and sparked heated discussions. (End of Chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like