Rebirth of the Capital Legend

"Now that Brother Chen has explained it, I understand." Lao Zhang chuckled and said, "In other words, Brother Chen, you are bearish in the short term, but bullish in the long term!"

Brother Chen responded: "The recovery of the offline property market will not reverse in one or two days, or one or two months, right? Since the property market is still heating up, the real estate industry, major real estate companies, and local government agencies are all expanding and continuing to vigorously develop urban construction. At the same time, high-speed rail, urban rail transit, large bridges, highways, and other infrastructure construction are also being rapidly launched in large quantities.

There are so many demands, and both industry demand and market size are still expanding.

At this time, the stocks related to the core sectors in the main line of "big infrastructure", such as real estate, steel, coal, nonferrous metals, building decoration, building materials, etc., which have not realized any offline fundamental changes, naturally have a relatively solid underlying logic, and there is naturally no reason to be bearish in the long term.

As for the short-term logic...

You have to know that it is a bear market now, and the group of active short-term funds in the market is very limited.

In addition, after more than half a year of continuous decline, almost all retail investors in the market are afraid of heights and risks.

Since the group of active short-term funds is limited, and retail investors do not have a strong desire to continue chasing high prices.

Well, as the main line of "big infrastructure" has been rising for several consecutive trading days, the short-term capital group in the market has made relatively rich profits.

Once the market enters a period of divergence, there is naturally no reason for these profit-making funds not to stop profiting and exit.

This is also the reason why some funds rushed to buy at the end of the trading day and switched between high and low prices.”

"On the other hand, when there are market divergences, profit-taking and institutional buying, this is also a short-term buying point, right?" Xu Qiao thought for a moment and said, "It's just that this buying point will have to withstand some violent market fluctuations for a short period of time."

Lao Zhang pondered for a moment and responded, "It means that it is suitable for underwater low-buying, but not suitable for active high-level acceptance. Underwater low-buying is good. I... like to buy at the bottom the most."

"You can say that." Brother Chen responded, "Anyway, at this position, it is still necessary to maintain a certain position."

"In addition to the divergence in the main line of 'big infrastructure' at the end of the day, there is another unusual phenomenon that we should pay attention to..." Old Wu paused for a moment and continued, "The line of 'state-owned enterprise reform' seems to be moving out of the market today. What do you think of the logic of this line?"

"The line of 'SOE reform' did move a bit," Xu Qiao said. "But I feel like this line is a branch line of the main line of 'big infrastructure', so it's unlikely to move independently, right?"

"Yeah, I feel the same way." Lao Zhang replied.

Brother Chen pondered for a while and responded, "I think it depends on whether there is any favorable stimulus from the policy direction. The unusual movement of the two checks of Wuhan Iron and Steel Group and China Baosteel today is a bit strange. I don't know if there is any latest merger and reorganization news in the market. If there is such news, and the national policy is to support the in-depth reform and merger and reorganization of state-owned enterprises to complete the macro policy goal of "supply-side structural reform" and achieve the goal of clearing production capacity, then it is entirely possible that the line of "state-owned enterprise reform" will be separated from the main line of "big infrastructure" and go its own way."

Xu Qiao pondered for a while and said, "I don't think there is much chance. Besides, it seems that the abnormal performance of Wuhan Iron and Steel Group and China Baosteel today does not seem to be the work of major institutions. After all, the market is pulled up too much, which seems to be deliberately done for everyone to see and attract everyone to buy and follow suit.

If an institution has learned some inside information in advance, or if there is any new positive development in the market's policy direction of "state-owned enterprise reform".

First of all, the check of "Wuhan Iron and Steel Group" will not have this kind of intraday trend.

Secondly, they will not be stingy with their funds and will not dare to continuously attack the super-weighted stock "Huaguo Baosteel". "

"Haha, I think so too." Lao Zhang laughed and said, "If there is any breaking news, we should know it now, but there is still no news. This shows that some major speculators in the market are deliberately pulling up the market to attract attention. Their purpose is to arbitrage the high opening premium tomorrow.

I just don’t know which specific funds are investing in these two stocks.

It would be great if this check from Wuhan Iron and Steel Group could appear on the Dragon and Tiger List of the two stock markets today, so that everyone can see the true face of the funds behind this market manipulation."

"It's impossible." Old Wu said, "Based on the turnover rate and intraday increase of Wuhan Iron and Steel Group's stock today, as well as the total increase in the past three days, it can't be included in the Dragon and Tiger List."

"Oh, that's really a pity." Xu Qiao sighed softly.

"But today's check from 'Huaguo Zhongye' is worthy of attention." Old Wu paused and said, "This daily limit is a bit beyond expectations."

"The daily limit of 'Huaguo Zhongye' has fully earned its recognition in the market," said Lao Zhang. "It has become the leader in the core market. It is estimated that tomorrow the stock will open much higher. However, this daily limit should also enjoy a high premium the next day."

"If Brother Su had not stopped using the seat of 'Fuxing Road' to trade alone, I would have almost suspected that the daily limit of 'Huaguo Zhongye' today was the work of Brother Su." Old Wu said, "The way he pulled the limit, the choice of the target, and the timing of occupying the position of 'Golden Land Group' are all commendable. I feel that the funds that traded this stock today are definitely masters of the market."

Brother Chen nodded and agreed: "It's probably a well-known hot money in the circle."

"To dare to take the lead in attacking a core stock like 'Huaguo Zhongye', the amount of funds must be huge," said Xu Qiao. "I think 'Huzhou Laodong Road', 'Jintian Road', 'Lianyang Road', and 'Sangtian Road' are all possible. Of course, it is also possible that they are jointly involved, so the 'Jinling Gang', 'Fushan Group', and 'Yuhang Group' are more likely."

"No matter who made the deal, the cheque's success and synergy should be strong tomorrow." Lao Zhang said, "Let's see how it goes. I feel like this cheque... may still be worth a try tomorrow."

When several people were discussing the market after the market, they all focused their attention on the stock of "Huaguo MCC".

At this time, there are other major online and offline hot money internal groups.

There are also countless online stock investment exchange forums where retail investors gather.

Everyone's attention was focused on the stock "Huaguo MCC", and almost everyone was discussing the stock's intraday trend and speculating on the funds behind it.

Then, amidst the heated discussions after the market closes...

Time soon came to five o'clock in the afternoon, and the Dragon and Tiger lists of the two cities were announced.

The popular stocks that everyone is focusing on, such as 'Shenhuo Shares', 'Pingmei Energy', 'Tianshan Cement', 'Beijiang Communications Construction', 'Capital Group', 'Yu Development', 'Bayi Steel', 'Linggang Shares', 'Huaguo MCC', etc., which have high market recognition, are basically on the list.

"Hey, 'Foshan Shadowless Kick' has locked positions in several stocks today."

After seeing the Dragon and Tiger List data released by the two markets, some of the numerous retail investors gathered on the online stock exchange platform exclaimed in surprise.

"Fuck, this check from 'Huaguo Zhongye' was actually made by 'Qilu Gang'."

"Lishan Road, Rongcheng Shidao, Rongcheng Chengshan, basically all of them are the main seats of the 'Qilu Gang'. It's really awesome... Has the 'Qilu Gang' changed its nature? Why does it feel like this game is completely different from their previous operation style?"

“It’s a bit unexpected. I originally thought it would be a project by the ‘Fushan Group’.”

"I thought it was 'Laodong Road', or 'Zhang Mengzhu', I didn't expect it..."

"Since it is the Qilu Gang, the expected trend of MCC China tomorrow will probably be greatly discounted."

"That's for sure. The Qilu Gang rarely shows any signs of weakness. They usually dump stocks the next day if there's a premium. But this time, their trading style seems a little different from before. I wonder if they'll show any signs of weakness. After all, I also bought the Huaguo Zhongye check today. I thought I could get another one or two daily limit gains from such a good daily limit, but now... I have to lower my expectations."

"It's amazing that institutions are competing with hot money to buy Pingmei Energy's shares today."

"The current market trend is dominated by institutional funds. With the presence of institutions on the top buy list for Pingmei Energy, I feel that we can continue to look up to it. If the third board breaks through tomorrow, many popular stocks will surely fall behind. I am optimistic that Pingmei Energy will be able to advance."

“It’s hard to say, but I feel that with so many institutions rushing to buy shares, the trend of Pingmei Energy is definitely not over yet.”

"The performance of the Shenhuo Stocks check on today's Dragon and Tiger List is a bit below expectations. There are no well-known hot money seats. It seems that no one wants to support the Fushan Group!"

"The top buyers of 'Capital' are actually quite a few wealthy families."

"It's a pity that there is no check from Wuhan Iron and Steel Group. I really want to see who wrote this check today. Up to now, the market has no information about the reorganization, but unexpectedly, the line of "state-owned enterprise reform" was brought out in the market."

"There is no news now. Does that mean the check from Wuhan Iron and Steel Group will be much lower tomorrow?"

"It's not certain. This check has a strong driving effect on the 'SOE reform' line and other related target stocks during today's trading."

"It does have a driving effect, but it's a bit like forcing the market."

"As long as there is big money to guide it, who cares if it's forced? As long as it can go up, that's fine."

"Today, among the stocks on the list of the entire 'big infrastructure' main line, the number of institutional seats has decreased slightly compared to yesterday, and Mr. Su's 'Fuxing Road' seat seems to have stopped buying and has been missing for two consecutive days."

"The main line of 'big infrastructure' has risen so much in the past two days. I feel that Mr. Su should not have bought at a high price."

"I feel that the main fund 'Hua Yi Yuan Zheng No. 1' managed by Mr. Su should be focusing on the Hong Kong stock market. In the past two days, the domestic real estate stocks in the Hong Kong stock market have risen more sharply than the real estate stocks in the A-share market, and the buying method is very similar to Mr. Su's."

"Whether it's Mr. Su or not, the continued abnormal movement of Hong Kong-listed Chinese real estate stocks is definitely a positive for the continued fermentation of the 'big infrastructure' theme of the A-share market."

"Overall, the total buying volume of today's Dragon and Tiger List is still greater than the selling volume."

"This shows that the active main funds in the market are still increasing their positions, right?"

"Even so, the market trend at the end of today's trading session has clearly diverged, and a lot of funds have already started to rush out at the end of the trading session."

"There is market momentum only when there are differences. I don't think this is a bad thing."

“I hope the market will continue to rise sharply tomorrow.”

"That depends on whether there will be other major favorable policy stimulus in the evening. If there is no new favorable stimulus, I feel that the market is destined to fall into a state of great divergence tomorrow."

"If the main line of 'big infrastructure' shows divergent trends, active funds retreat, and switch between high and low...which other main line will become the direction for new funds to flow?"

"Who can know this? We can only look at the combined power of funds in the market."

"The differences may not necessarily end. I feel that even if there are differences in the main line of 'big infrastructure' tomorrow, it will be aerial refueling."

"Anyway, with such a continuous surge, I don't dare to chase it."

"Will the subsequent funds choose to speculate in the 'film and television media' sector? It seems that the 'film and television media' sector has fallen too badly in the past six months, and almost all related stocks have been cut in half again and again."

"I feel that the 'film and television media' sector has little hope. After all, the fundamentals are still deteriorating and there will be no signs of improvement in the next few years. The sector was hyped up before because of the national ticket subsidy policy. Now the ticket subsidy policy is being gradually withdrawn and there is no new expectation at all."

"Well, it seems that I really have to cut my position and stop the loss."

"What about 5G? Is no one speculating on 5G? I'm lurking in Huaxin Telecom and I'm almost going moldy."

"4G hasn't even been fully developed yet, isn't it a bit too early to hype 5G? The expectation for 5G...will be at least next year or the year after, right?"

"After a careful analysis, I feel that the subsequent market will still revolve around 'big infrastructure', 'medicine', and 'consumption'. After all, these core areas are where institutions are fully committed."

As everyone combines the data from the Dragon and Tiger List, they continue to speculate on the subsequent market trends.

As time goes by...

In the evening, when everyone was looking forward to new good news, whether it was about real estate, infrastructure, or the main direction of "state-owned enterprise reform", everything was calm. There was basically no important market information worthy of special attention, neither clear good news nor clear bad news.

Fortunately, the peripheral market trend late at night was still strong.

The overall surge in the U.S. stock market gave A-shares and Hong Kong stocks a certain degree of optimism the next day.