Rebirth of the Capital Legend

Chapter 452 A shocking reversal of trend!

Afterwards, at 2 pm, all major indexes turned positive and rose. Among them, the main line of "big infrastructure" continued to be snapped up by major capital groups in the market. The indexes of related industry sectors such as real estate development, building decoration, building materials, nonferrous metals, steel, coal, etc. all showed a reversal trend, and the increase exceeded 1.5%.

At 2:10, the stock of "Shouchuang Group" achieved a rebound and limit up during the day.

At 2:15, the A50 Index turned green against the trend, and the ChiNext Index caught up with the Shanghai Composite Index's market gain. After a large amount of bargain-hunting funds in the two cities overflowed from the main line of "big infrastructure", they began to pour into small and medium-sized stocks on a large scale for concentrated bargain-hunting.

At 2:20, the real estate development sector index rose by more than 2.5%. Within the sector, except for the suspended stocks, basically all stocks turned positive and rose.

At 2:25, market sentiment reversed, bullish sentiment instantly surged, and more and more people actively bought shares.

At 2:30, the main sectors such as Internet software, electronic information, film and television media, which were severely oversold, welcomed a large number of active buying orders. A number of popular concept stocks and ChiNext index weight component stocks such as LeTV, Maruda Film and Television, and Netspeed Technology, all showed a straight upward trend of bottoming out and rebounding.

At 2:35, as market sentiment reversed and the money-making effect recovered rapidly, more and more buying orders poured in, and the two markets had changed from a situation in which more than 1500 stocks fell in the morning to a situation in which more than 1500 stocks rose. At this moment, the market ushered in a general rebound. Except for the A50 index's weighted component stocks, large and small cap stocks all rebounded generally.

At 2:40, "Gemdale Group" rose by more than 5%, and the intraday transaction volume exceeded 10 billion. In addition, after the two markets fell in the morning, they now showed a trend of increasing volume. This shows that a lot of buying funds for bargain hunting and long positions have poured into the market in the afternoon.

At 2:45, when the market trading time entered the last fifteen minutes of the closing period, the bottom-fishing funds in the market became more and more active in buying. Not only did small and medium-sized stocks experience a violent rebound, but a number of blue-chip stocks with the main line of "big infrastructure" such as "Poly Real Estate", "Kewan Real Estate", "Conch Cement", "Shenhua Coal Industry"... also saw concentrated long positions from large funds, and their share prices showed a rebound and surge.

At 2:50, the Shanghai Composite Index reached the 1.5% increase mark. At the same time, the ChiNext Index rose by more than 2%, with the intraday amplitude exceeding that of yesterday.

At 2:55, when the two markets were about to close, more than 2000 stocks in the two markets had closed in the green.

Finally, when 3 o'clock in the afternoon arrived, the Shanghai Stock Exchange Index was fixed at a 1.56% increase, with an intraday amplitude of more than 3%, while the ChiNext Index was fixed at a 2.11% increase, with an intraday amplitude of more than 4%. Both the indices and individual stocks in the two markets had a trend of bottoming out and violently rebounding during the day.

Moreover, the intraday low is basically not much different from the low set yesterday.

This also shows that the market failed to break through this support platform twice, which means that this is most likely the mid- to short-term market bottom range.

This is also the fundamental reason why a large number of capital groups rushed into the market to buy and go long after 2 pm.

Because of the change in expectations, a lot of funds want to get the first hand chips within the day.

"Today's market trend... is more violent than yesterday's." After the two markets closed, in Shanghai, inside Huarui Fund Management Company, in the main fund product trading room of Huarui Performance Growth No. 1, trading team leader Jia Yongxiang stared at the final closing situation of the two markets with a shocked look on his face. He sighed, "There was extreme panic in the morning, and a shocking reversal in the afternoon. This trend... is really exciting."

Hearing Jia Yongxiang's sigh, Song Shaopu, the main fund product manager of 'Hua Rui Excellent Growth No. 1', who was standing next to him and also staring at the final closing situation of the two markets, responded, "It's really a shocking reversal. The large number of investors who sold their stocks and left the market at a loss this morning, or when the market opened this afternoon, must be feeling depressed now."

"I said that at this position, the sell-off is most likely a trap to lure the market into a short position." Jia Yongxiang laughed and said, "Sure enough, at this position, the chip structure has been adjusted almost completely. Whether it is the floating locked-in chips, or the short-term profit-taking chips, stop-loss chips... they have been almost cleared out long ago. The internal sell-off momentum has already reached the point of exhaustion. How could it be possible to sell through it directly in one wave?"

"The structure of chips is one thing..." Song Shaopu said, "It's mainly because the underlying logic of the 'big infrastructure' line is strong enough, and the general valuation is seriously underestimated, which leads to a lot of funds in the market being unwilling to sell chips, and there are many potential buyers, which leads to the obvious lack of downward momentum of this core main line. Since the downward momentum is obviously insufficient, the stock price can only go up naturally."

"That's the truth." Jia Yongxiang nodded and said, "Today's market reversal was mainly due to the core theme of 'big infrastructure'."

"Now, the 'big infrastructure' line has basically formed a consistent long expectation." Song Shaopu said, "And after the extreme volatility and extreme wash-out in the past two trading days, I estimate that there is a high probability that the subsequent high will be high and hit the previous high again."

Jia Yongxiang smiled and replied, "I think so too. After the market's bullish sentiment rises, the potential buying power of the 'big infrastructure' line will only become larger and larger. There is no reason why the stock price will not rise. Moreover, the related positive factors in the offline real estate market are still continuing to explode, which will further induce the bullish sentiment of the 'big infrastructure' line."

"How much position do we have in our current fund?" Song Shaopu asked.

Jia Yongxiang responded: "There is less than 15% of the position left. Mr. Song, do you want to go long with a full position?"

"Since the market trend is very clear, and the expectations for the core main line of long positions have almost become consistent, and the valuations of its related core stocks are still extremely underestimated..." Song Shaopu said, "then there is no reason not to continue to increase positions and go long!"

"Okay." Jia Yongxiang responded, "I also think this position is a good point to increase holdings."

As the two discussed the market sentiment after the two markets closed, there was also a discussion on the core main line of "big infrastructure" to increase positions and buy points...

At this time, several core figures in the main speculator group of the "Fushan Group" were staring at today's market trend and the corresponding performance of individual stocks. They were also quite shocked, with excitement in their eyes.

"Wow, today's trend is so exciting." Li Jinshi exclaimed in the group, "It's really a shocking reversal. I originally judged that yesterday's trend should be a signal of bottom reversal. I didn't expect that this morning, it would induce a short-selling wave and kill the last wave of panic. Fortunately... I didn't lose too much position, otherwise I would regret it."

"You know what, today's trend is really exciting." Chen Guiyun responded, "When the market opened this afternoon, I saw the entire market collapse quickly, and many stocks in the market went straight to the limit down position, which really scared me. Fortunately... the reversal was fast enough, otherwise when it fell below yesterday's intraday low, I would have probably cut my position to stop the loss."

"Today's trend should be beyond many people's expectations." Liao Guoxiang also responded at this time, "Everyone thought that the golden needle probing the bottom yesterday was a signal of a bottom reversal, but I didn't expect that there would be another wave of panic today. This trend... is good. The undecided chips have basically been cleared out."

"I almost stopped the loss," Li Jinshi said. "If it wasn't for the sharp drop in the market in the afternoon and the rapid rise in the price of Oriental Yuhong, I might not have been able to hold on."

"Yes, the market recognition of the Oriental Yuhong check is really high today." Chen Guiyun said, "The 10-lot main buying order that closed the market was really dazzling. I don't know who wrote it. The timing of the closing and the huge amount of funds are really admirable."

"At that time, I thought it was Brother Liao." Li Jinshi laughed.

Liao Guoxiang responded: "I thought that the deep water of Oriental Yuhong was a good time to buy, but I was a little greedy and wanted to buy low when the stock price fell to the limit due to panic selling. I didn't expect that it was pulled back to the water in a blink of an eye, and then... it was too late for me to intervene. The main funds that blocked the Oriental Yuhong stock today did have a good pattern and grasped the timing very well."

"Tomorrow, the price of Oriental Yuhong will open with a gain of at least 5%, right?" Li Jinshi said. "If it opens with a gain lower than this, it will be below expectations."

"It's very likely that it opened near the daily limit." Chen Guiyun said, "I don't know if this check will be on the Dragon and Tiger list today. I really want to see who is the main funder of this stock?"

Liao Guoxiang said: "The market fluctuations of this check today are large enough. Although the turnover is not as good as some stocks, there should be data from the Dragon and Tiger List. In the current market environment, there should not be many insiders who can instantly invest more than 1 million yuan to close the board. Who it is... we can probably guess."

"Brother Liao, who do you think set the daily limit for Oriental Yuhong?" Chen Guiyun asked.

Liao Guoxiang said: "This kind of investment is most likely by Brother Ge, or by Lao Zhang. Of course...it could also be Mr. Su from Huayi Capital. Although Mr. Su from Huayi Capital has not made any short-term transactions in the past six months, the Dongfang Yuhong check is not a pure short-term stock. It is still supported by certain strong fundamentals and performance."

"If it is really Mr. Su from Huayi Capital, then the subsequent trend of this check is likely to explode." Li Jinshi said, "I think... the probability that it is an institution is also quite high. Recently, many institutions in the market have been continuously buying the core hot stocks and weighted performance stocks of the main line of 'big infrastructure' regardless of the cost."

"Well, it is indeed possible for institutions." Liao Guoxiang nodded and said that judging from the current market trends, the 'big infrastructure' trend is the easiest to gather the willingness of all parties to go long, and the easiest to gather the market's bullish sentiment, leading the majority of investors to follow suit. "

"The key is the 'big infrastructure' line, which has sufficient depth and breadth." Chen Guiyun said, "Such depth and breadth are very suitable for large funds to enter and exit, and there are many concepts and themes that can be speculated in the entire 'big infrastructure' main line field, such as 'supply-side structural reform', 'maritime Silk Road in the new era', 'new infrastructure', 'rural revitalization', etc. These are all policy-supported concept stories, and thanks to the current hot offline real estate market, these stories, coupled with the performance explosion expectations of a number of performance stocks in the main line sector, can easily make all parties in the market agree, and get the unanimous willingness of institutions and retail investors to follow suit and go long."

"Indeed." Li Jinshi nodded and said, "Previously, the main sectors such as liquor, white goods, banks, medicine, and consumption lacked this kind of consistency recognized by various fund groups, so they could not drive the overall market's bullish sentiment and get the majority of retail investors and hot money to participate. At present, the 'big infrastructure' line seems to have these genes perfectly. I think... if there are no accidents, in the second half of the year, if the market wants to have a decent rebound, it is inseparable from the efforts of the core main line of 'big infrastructure'."

Liao Guoxiang nodded and said, "That's for sure. At present, all the on- and off-site capital groups that are slightly more sensitive to market trends are focusing on the core theme of 'big infrastructure'. And just as Lao Chen said, this core theme is deep and wide enough to be rotated for speculation. Institutions can play their own way here, and hot money and retail investors can play their own way here. It can accommodate both large capital groups to form a group and small capital groups to speculate with the concept."

"That's true." Chen Guiyun nodded. "Since the market has formed two golden needles probing the bottom in a row, it is confirmed that this is the bottom of this round of adjustment. Then we should firmly focus on the 'big infrastructure' line and make the market around this core line. I have a hunch that in the market trend in the second half of the year, there will be more than three or five bull stocks in the 'big infrastructure' line."

"I feel the same way." Li Jinshi nodded and agreed, "As for the bull stocks... I feel that the check of 'Oriental Yuhong' already has this kind of temperament."

As he spoke, he looked at the time and gradually focused his attention on the Dragon and Tiger List data of the two cities.

And as his eyes focused.

At the same time, the entire market and the entire network of investors are paying attention to and expecting it. Soon... at 5 o'clock in the afternoon, the Dragon and Tiger lists of the two cities were refreshed.

It is under the attention of the public and is also expected by countless people.

When many eyes are focused on the stock of 'Oriental Yuhong'.

The check was indeed listed on the updated Dragon and Tiger List of the two cities. Among the buying and selling seats on the Dragon and Tiger List, the 'Magic City Fuxing Road' seat that everyone was looking forward to was listed as the No. 1.43 buy seat, and the net buying amount during the day was as high as million.

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