Rebirth of the Capital Legend

"Looking at the initial call auction situation of the two markets, it feels that it is obviously still a little beyond expectations!" When the two markets showed a general high opening trend, at 9:16, among the main speculators of the 'Fushan Group', Li Jinshi stared at the real-time changes in the two markets and said, "The check of 'Huawen Online' can actually open at the daily limit. The short-term speculation sentiment in the market is much stronger than expected!"

"The price limit of 'Huawen Online' is probably mostly due to fake orders, right?" Chen Guiyun said, "More than 1000 buy orders cannot keep the price limit up. The stock finally opened 5 points higher at the end of the call auction, which is very strong. Looking at the initial call auction, the film and television media, Internet software, and Internet application sectors that are strongly related to 'Huawen Online' did not show an unexpected performance. Instead, the 'consumer electronics' and 'new energy industry chain' sub-sectors that were strong at the end of yesterday's trading session performed somewhat better than expected.

However, if there is no obvious linkage between the major sectors of film and television media, Internet software, and Internet applications.

I'm afraid that the 'Chinese Online' check will find it difficult to continue to grow independently.

It seems that the market pattern, short-term capital groups, and the main sentiment points in the market shown in the initial call auction are still on the consumer electronics and new energy industry chain branches. "

"Not entirely." Liao Guoxiang took over and said, "The two major branches of the consumer electronics and new energy industry chain have indeed exceeded expectations based on the high opening pattern of the market, but the active buying orders shown in the initial call auction stage are still not very optimistic.

Look at popular stocks such as 'Changying Precision', 'Xinwei Communication', 'Tianci Materials', etc.

The volume of actively placed buy orders is not large, and it feels like most of them are false orders placed due to trend inertia.

The true strength of these two branches can only be seen after 9:20 when the market enters the real call auction stage where orders cannot be withdrawn.

In the initial stage of the call auction, the film and television media, Internet software, and Internet application sectors generally performed weakly. I think they are not below expectations. In the market trends of these sectors yesterday, there were actually some money-losing effects. As long as they maintain a flat opening or a slightly higher opening today, it will be beyond expectations.

Moreover, the check for 'Chinese Online' actually opened slightly higher today, which is more conducive to the continued acceptance of funds.

If the stock continues to open sharply higher, or even opens at the daily limit, the support will be weaker and the selling pressure on the market will increase significantly.

Therefore, judging from the strength and weakness, the current market performance is not of reference value.

Of course, as long as the main line of "big infrastructure" and the main line of market weight can be stabilized sideways, the expectations of investors in the current market for these two lines are generally not high, and if the overall volume can be maintained stable, the market will still be in a stock game situation.

These two main lines remain stable and are in a narrow range of fluctuations.

On the contrary, it is conducive to the continued fermentation of other main market trends, or it can stimulate the market's short-term capital groups to continue to speculate. "

"Well, Brother Liao is right." Li Jinshi pondered for a moment and nodded in response, "The true strength and weakness of the market can indeed only be seen after 9:20, but the emotional feedback and emotional performance at the opening can still be clearly felt at this moment, right?"

Liao Guoxiang responded: "The sentiment of the entire market is indeed very good, but whether the sentiment can stimulate the increase in volume and stimulate the off-market wait-and-see funds to further enter the market and do more remains to be seen."

Following the brief exchange between the three and their analysis of the current situation...

Market hours move forward quickly.

At 9:17, the overall high opening trend of the two markets weakened. At the same time, the high opening range of the stock "Huawen Online" fell from breaking the daily limit to an increase of 8%, and the volume of transactions to be matched in the call auction also increased from the initial 300 lots to about 1100 lots. Previously, at 9:16, the 1600-lot order at the daily limit price had been withdrawn at this moment.

As for other popular stocks, there are stocks such as 'Xinwei Communication', 'Tianci Materials', and 'Changying Precision'.

At this moment, the gains have all declined.

The main sectors of the consumer electronics and new energy industry chains related to these hot stocks have also seen their gains fall back at this moment.

At 9:18, the 'Oriental Yuhong' check actually went up again when the generally high opening range of the entire market fell slightly, changing from a slightly red market trend to a high opening trend of nearly 1 point, and the volume of buying continued to increase.

At the same time, due to the counter-trend upward bidding of the check from 'Oriental Yuhong'.

As a result, the entire "big infrastructure" main line related to it, industry sector indices such as real estate, building decoration, building materials, nonferrous metals, steel, coal, and related concept sector indices, also rose actively, showing a strong call auction trend.

On the contrary, it was the consumer electronics sector and the main sector of the new energy industry chain that performed quite strongly at the beginning of the call auction.

At this moment, the high opening range continued to fall.

Among them, the 'Apple concept' sector, which attracted much attention from investors, opened higher by 2.5% from the initial opening of around 1.89% in just two or three minutes.

At 9:19, Oriental Yuhong's call auction opened higher and the increase changed to 1.12%. As the call auction trend of Oriental Yuhong changed, other popular stocks in the entire "big infrastructure" main line, such as Beijing Capital Group, Huaxin Cement, Beijiang Communications Construction, Shenhuo Co., Ltd., etc., also followed suit and changed from the previous flat opening or low opening to the red market.

Similarly, in the trend changes of industry sectors and concept sectors related to the main line of "big infrastructure".

The main weighted areas include sector indexes such as liquor, white appliances, medicine, consumption, electricity, and finance, as well as their related weighted core leading stocks.

There was also a certain degree of buying attention, and the call auction trend showed a slight upward trend.

At the same time, these main sectors that symbolize defensiveness and their core leading stocks are moving in the same direction.

It represents the short-term speculation sentiment of the market and the attitude of short-term funds towards trading in the small and medium-sized stocks and micro-cap stocks, as well as related concept sectors.

Film and television media, Internet software, Internet applications, electronic information, consumer electronics, new energy industry chain... and many other related industry sectors and concept sectors have seen a large withdrawal of orders from receiving funds, a decline in buying, and a significant decline in the opening range of industry sector indices and concept sector indices.

Finally, after a large number of fake orders were withdrawn...

When 9:20 arrives, the two markets enter into the real call auction stage where orders cannot be withdrawn.

The overall performance of the two markets at this moment is obviously different from that at 9:16.

At this moment, the main line of "big infrastructure" and the main line sectors related to market weight both showed a slightly higher opening trend. The main line areas of "emerging industrial chain" and "new energy industrial chain" in the fields of small and medium-sized and micro-cap stocks, after the high opening range fell back, also showed a slightly higher opening trend that was no different from the main line of big infrastructure and the main line of market weight.

Moreover, a large number of small, medium and micro-cap stocks opened high and then fell back.

Several popular stocks that have attracted much attention from market investors, such as "Huawen Online", "Tianci Materials", "Changying Precision" and other stocks, which opened high, have also fallen sharply.

Among them, the check for 'Chinese Online' suffered the most severe decline.

Its increase has fallen from the daily limit opening at 9:16 to the current high opening of 2 points.

"Why do I feel like the situation has suddenly reversed?" Chen Guiyun, who was in the main line of 'consumer electronics' and 'new energy industry chain' and felt that the market sentiment had settled a few minutes ago, frowned and said speechlessly, "Isn't this change too fast? It feels like the market sentiment has changed from the small and medium-sized stocks and micro-cap stocks to the large infrastructure and heavyweight main line areas."

"Well, the market performance at this moment is indeed different from that at 9:16." Liao Guoxiang took over and said, "It feels that the risk aversion attribute in the market has increased somewhat, while the enthusiasm of short-term funds gathering for speculation is obviously declining. Not only the two branches of the consumer electronics and new energy industry chain, but also the enthusiasm for speculation in the field of small and medium-sized stocks and small and micro-cap concept stocks seems to be declining."

"Is it possible that the style of capital investment has shifted to the weighted stocks again?" Li Jinshi said, "If the main lines of consumer electronics and new energy industry chains, which performed so well yesterday, cannot be sustained, the sustainability of other main line sectors is even more difficult to say."

"It's not impossible!" Liao Guoxiang said, "The recent market trends and hot spots are indeed changing quite fast."

"Let's look at the trend feedback of the two core leading stocks, 'Huawen Online' and 'Oriental Yuhong'." Chen Guiyun thought for a while and said, "The stronger the 'Oriental Yuhong' check is, the higher the risk aversion of the market is. Today, we should be careful about the risk of short-selling adjustment of small and medium-sized stocks and micro-cap stocks. If 'Oriental Yuhong' does not get stronger and stronger, and still maintains a narrow range of fluctuations with shrinking volume, and 'Huawen Online' continues to hit new highs, and the receiving funds are still actively trading, then the direction of small and medium-sized stocks and micro-cap stocks... can still be looked at with a higher eye. I think that at this time, the main line of large infrastructure and the main line of weight are unable to receive the large funds that are long in the market and continue to create space upward. In other words, I think that the current two core main lines are not enough to drive the market's consistent expectations."

"I think so too," Li Jinshi said. "But market trends are often not determined by personal expectations. We still have to respect the market trends."

"Let's keep watching." Liao Guoxiang said, "The check for 'Huawen Online' should be the emotional landing point for the trend of small and medium-sized stocks and micro-cap stocks today. As long as the check does not go bad and there is no obvious loss effect, there is still a chance for small and medium-sized stocks and micro-cap stocks to make money."

After saying this, he turned his attention back to the rapidly changing market conditions in the two cities.

At this time, the market trading time has changed to 9:22. At this moment, the highly-anticipated "Chinese Online" has gradually risen again from the lowest 2 points. At the same time, the active buying volume is also gradually increasing.

At 9:23, the price increase of 'Huawen Online' changed to 3.89%, and the number of orders to be matched continued to increase.

At 9:24, the price of the 'Huawen Online' check stabilized at around 4%, and the number of orders to be matched had increased from more than 3000 to nearly 5000 in just one minute. At the same time, the 'Oriental Yuhong' check continued to fluctuate at a rate of around 1 point.

Finally, when 9:25 arrived, the collective bidding in the two cities ended.

The Shanghai Composite Index was fixed at a 0.39% increase, the Shenzhen Composite Index was fixed at a 0.57% increase, and the ChiNext Index opened 0.71% higher.

Although the opening highs of major indexes were slightly lower than everyone's expectations before the market opened.

However, the high opening trend of several popular stocks that have attracted much attention is in line with everyone's expectations, or slightly stronger than everyone's expectations.

Among them, the check "Chinese Online" has attracted the most attention in the market.

After ten minutes of fierce call auction, the final high opening point was a 4.33% increase. During the call auction, the trading volume increased significantly, with a total of more than 9400 lots traded.

The major industry sectors, concept sectors and market weight main line sectors related to the "big infrastructure" main line.

The opening height is similar to that of the Shanghai Composite Index and the Shenzhen Composite Index.

"Looking at the high opening trend of the two markets, it feels a little below expectations compared to the pre-market sentiment." After the call auction of the two markets ended, when the market entered a short five-minute trading suspension period from 9:25 to 9:30, Lao Zhang, a member of the main hot money group of the "Magic City Ultra Short Gang", said, "The two major branches of the electronic information and new energy industry chain are estimated to be unable to continue to play. On the contrary, the call auction trend of "Huawen Online" in the last few minutes has exceeded expectations. I feel that it is worth a look. If the check of "Huawen Online" can continue to be strong, then the film and television media and online education sectors related to it can try to make a move."

"For the 'Huawen Online' stock, the trend has basically held up during the call auction phase." Xu Qiao took over and said, "I feel that after the opening of this stock, there should be a rush to buy it. It is estimated that there will be no problem if it hits the daily limit again today. As for whether it can continue to close, it depends on the attitude of the funds in the market."

"The check for 'Huawen Online' is now seeing-sawed with the check for 'Oriental Yuhong', right?" Old Wu said, "As long as the 'big infrastructure' line and the weighted industry sectors do not continue to siphon active market funds, the check for 'Huawen Online' will most likely come out today."