Rebirth of the Capital Legend

At 9:15, the initial call auction of the market began. The market trends of the two cities, the core theme of "big infrastructure", and the performance of the corresponding hot core stocks all showed a certain gap from the general expectations before the market opened.

"I didn't expect that the external market trend would have such a big impact on the opening of the A-share market." Noticing that the initial call auction trend of the two markets was obviously lower than expected, He Zhong, who was among the main speculators of the "Gusu system", frowned, "Looking at this situation, the market will open lower overall."

"The Hong Kong stock market is actually the most affected by the external market trends," Zheng Jinming responded. "And the recent trends of our A-share market have actually followed the Hong Kong stock market and have not developed an independent trend at all. So... our expectations should not be too high."

"Wouldn't it be good if the market generally opened lower?" Zhang Xinlei smiled. He was actually much more optimistic than the other two. "The rally at the end of last Friday's trading session wasn't a strong performance to begin with. If the market opens lower now, potential buying may actually be better than a higher opening."

"Haha... I think so too." Lao Qian laughed and said, "It just so happens that I lost a lot of positions last Friday. Today's low opening is just right for me to buy them back. And I believe that there are definitely quite a few funds in the entire market that agree with me. A low opening is good... A low opening will give you the motivation to attack, and only then can you create enough profit-making effects on the market. Moreover, during the intraday plunge last Friday, a lot of funds were sold to stop losses. If the market opens low today, there is a high probability that these funds will re-enter the market to take over, forming a strong buying force."

"Let's hope so." He Zhong sighed and said, "Looking at this trend, a lower opening is inevitable."

"However, the initial call auctions of the core leading stocks of yesterday, 'Oriental Yuhong', 'Huaxin Building Materials' and 'Golden Land Group', still had a fairly high level of acceptance." Zheng Jinming stared at the call auction trends of the three core stocks and said, "As long as the opening of these three stocks does not give too outrageous negative feedback, there will not be a big problem."

"These three stocks have risen by less than 5%, which is lower than the pre-market expectations, right?" He Zhong said, "I feel that the market trend of these three core stocks today will not be too optimistic. After all, these three stocks have indeed rebounded a lot in the past few days. If they continue to expand upward, the volume will have to be increased."

"No, please don't increase the volume any more." Lao Qian said, "If you continue to increase the volume, it means that you can't lock the chips on the market, and then you will enter a state of increasingly divergent market trends. If the divergence further expands and the internal chips can't be locked, once market sentiment and emotions decline, the stock price will really have no room to rise."

"Yes, Lao Qian is right." Zhang Xinlei responded, "No matter how you go, at this position and in this form, don't put too much volume. The reason why the market trend fluctuated so much last Friday and the several upward attacks during the session did not produce enough strength and profit effect is that the volume at the beginning of the session was too large, which over-consumed the active buying funds in the market, resulting in the subsequent buying not being able to keep up.

The market was originally in a bear market phase and liquidity was very limited.

At present, although the "big infrastructure" line has rebounded a lot from the bottom, it is obvious that the money-making power and emotional intensity are not enough to attract a continuous group of potential off-market buying funds to enter the market.

Simply put, the market trend of "big infrastructure" can be maintained.

It is the active buying funds from other main sectors of the market that are siphoning liquidity that maintains the market trend.

Since the market itself is a game of existing stock.

So, under this actual situation, the volume cannot continue to diverge.

Because of the continued divergence, it means that the market's concerted efforts to go long are insufficient, and if the concerted efforts are insufficient, the funds that help lock in shares will be significantly reduced.

If there is not enough funds to continue to lock up shares and the profit margins do not settle down...

The active buying of funds flowing into the 'big infrastructure' line from other main lines cannot support the market, so the volume at this position must be reduced.

If the volume continues to increase at the beginning of the trading session, it doesn’t matter whether the market is going up or down.

They are all selling points, not buying points.”

"Old Zhang's analysis is still reasonable." Old Qian laughed, "That's true, but I am optimistic about the 'big infrastructure' line. After the continuous divergence and shock in the past, it can shrink and move out of the market at this position."

"Same." Zheng Jinming paused and said, "It's not appropriate to be pessimistic in this position."

As the core investors in the Gusu Group continue to discuss...

The market trading time at this time has entered 9:20.

After the initial stage of the call auction, when the call auction entered the second stage where orders could not be withdrawn, the active selling orders on the market, whether it was the main line of "big infrastructure" or other main line stocks in the market, were obviously much less than at 9:15.

At the same time, while active selling is decreasing, active buying is also continuing to increase.

Among them, a number of popular stocks in the main field of "big infrastructure" have changed from the deep green state at 9:15 to the red state with good buying.

In particular, the three core hot stocks "Oriental Yuhong", "Gemdale Group" and "Huaxin Building Materials", which are the focus of countless investors in the market, have turned from the deep water state in the initial stage of the call auction to the red market state. Moreover, as the market trading time continues to progress, the active buying of these three stocks continues to increase.

"Awesome, it actually went from green to red."

It was noticed that in the market at this moment, several core hot stocks of the "big infrastructure" main line had quickly changed the market trend pattern of the call auction. Among the countless retail investors gathered in the stock investment exchange forum across the entire network, some people expressed surprise.

"Haha... I told you, there's no reason for it to open lower!"

"Fuck, I was really scared when I saw the market trends of the two markets at 9:15. I knew it... the sentiment expectations were so strong after the market closed on Friday, and so much money was lost during the market. At the end of last Friday, the main line of 'big infrastructure' was so strong. It doesn't make sense that the expectations would be brought down by an adjustment in the peripheral market. Sure enough... it was just as I predicted."

“Looking at this situation, is the A-share market going to move independently?”

"It's not an independent trend, right? Looking at the market pattern, in fact, apart from the core theme of 'big infrastructure', the trends of other main lines are still quite weak."

"Indeed, especially in the Internet software and film and television media sectors, the related stocks have been falling continuously!"

"Luckily I bought some positions in the main line of 'big infrastructure' at the end of last Friday's trading. Otherwise, it would be difficult if I didn't take the initiative today."

"It looks like the core leader, 'Oriental Yuhong', is likely to open higher by at least 3 points, and active buying has been increasing."

"A 3-point increase is within expectations, right?"

"It's OK to open higher, but don't open too high. The market liquidity is still insufficient. If it opens too high, it will definitely be smashed."

"It is unlikely to open too high. The index is likely to rise within 0.5%. In fact, the entire market is stronger in the main line of 'big infrastructure'. Other main line sectors, as well as many related small and medium-cap concept stocks, did not open higher at all. Most of them are hovering around the flat position."

"Except for the main line of 'big infrastructure', the performance of other small and medium-cap stocks has been very weak."

"The overall market trend is not on the side of small and medium-sized stocks, so the weak trend of small and medium-sized stocks is reasonable."

"I don't care about other main lines, just the banking sector, and the defensive main line sectors such as liquor, white goods, medicine, and electricity. Just don't let them rise."

"Yes, once these big guys go up in price, they suck up all the market liquidity."

"Yes, seeing the check from 'Chinese Commercial Bank' keep reaching new highs, it's much more painful than me losing money."

"I bought some shares of Oriental Yuhong at the end of last Friday's trading. I hope I can get a chance to exit the market with a profit today. I don't ask for much. I just want to make 5 points."

"Hold it well. The market for the Oriental Yuhong check will definitely not end."

"The cost difference between buying now and buying with the chips that President Su bought using his seat at Fuxing Road is not that big."

"In a word, just be determined to increase your holdings. Good stocks need to be held on to."

"Anyway, I won't sell. I haven't seen a large number of sales of Mr. Su's 'Fuxing Road' seat on the Dragon and Tiger List. No one can wash my chips away."

"Haha, I bought this check when it started to bottom out a month ago, and now my floating profit is almost 50%."

"Awesome, it's not easy to get it for more than a month."

There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!

"From the perspective of fundamental logic and future expectations, the 'big infrastructure' line is a medium- to long-term investment, so it is not surprising to take a month."

"Considering the logic of expectations and future performance explosion, these stocks still feel like they are at the bottom."

"That's for sure. Even if we compare the valuations of individual stocks in the main sectors of the current market, stocks related to the real estate industry chain are relatively underestimated by the market. They are probably slightly higher than the valuations of the banking sector, the insurance sector, and some consumer sectors whose performance has not grown much."

"The underlying logic and the expected explosive performance in the future...these things have been thoroughly studied by institutions. I feel that there is no problem with the fundamentals of the main line of 'big infrastructure'. The rest is the K-line pattern trend. As long as the profit effect can be achieved at this position, there will definitely be a substantial breakthrough."

"Still optimistic, continue to increase positions, at this position, there is no reason not to continue buying."

"Yes, continue to move positions in other main sectors to the main line of 'big infrastructure'."

"We must focus on the leaders, and this time the market leaders are so obvious. President Su has circled them for everyone. There is no reason not to follow the market."

Amid the fierce long-short exchanges among many retail investors...

The market trading hours passed quickly, and in almost a blink of an eye, it was 9:25.

The call auctions in the two markets ended and the market officially opened.

After ten minutes of call auction, the major market indices, the Shanghai Composite Index opened higher at a 0.42% increase, while the Shenzhen Composite Index and the ChiNext Index opened slightly lower, with a decrease of 0.29% and 0.16% respectively.

Among them, the A50 index showed a flat opening trend.

The biggest contributor to the high opening of the Shanghai Composite Index is naturally the core theme of "big infrastructure".

After ten minutes of call auction, the real estate, building decoration, building materials, nonferrous metals, steel, and coal sectors all showed a trend of opening slightly higher.

Among them, the real estate sector index continued to lead the gains, opening 0.89% higher.

In the real estate sector, core leading stocks, such as "Capital Group", "Gemdale Group", "Financial Street" and so on, all opened higher by between 1.2% and 2.3%.

As for the three core leading stocks of 'Oriental Yuhong', 'Huaxin Building Materials' and 'Gemdale Group', which are the focus of many investors in the market.

Generally speaking, they opened higher with an increase of around 1%.

"Haha... this market opening situation is still in line with expectations." Seeing the final opening situation of the two markets, Wang Shujie, the fund manager of the 'Blue Chip Hybrid Selection' main fund product trading room inside 'Nuoan Capital' in Shanghai, laughed and said, "Fortunately, the decline in the previous call auction stage was recovered, otherwise... today's trend would have been dangerous."

Hearing Wang Shujie's sigh, trading team leader Li Shangfeng responded: "Mr. Wang, this opening should be considered slightly beyond expectations, right? After all, the external market trend on Friday night was relatively bad. Before the market opened in the morning, many investors expected the market to open low. Now, overall, it is a flat opening trend, especially the 'big infrastructure' line, which continues to maintain a strong trend.

The key point is that the market call auction after 9:20 clearly exceeded expectations.

Many large-scale sell orders placed before 9:20 were withdrawn at the last minute.

Judging from the results of the entire market's call auction, today's market trend is unlikely to be pessimistic, and it feels like the index still has the possibility of continuing to move in the positive direction.

Moreover, the proactive buying of the "big infrastructure" line is really strong."

"It's hard to say..." Wang Shujie said, "Let's see what the trading volume will be like after the market officially opens."

After saying this, he quickly turned his gaze back to the two markets.

After a brief wait and five minutes of emotional buildup, the market soon entered into formal continuous bidding transactions.

When the clock hands passed 9:30.

After the emotions brewed, the hot stocks related to the main line of "big infrastructure" attracted the attention of countless investor groups in the market.

They rose collectively almost instantly, breaking through upward with rapid volume reduction.