Chapter 431 Changes in Market News!

At the same time, the decline of Shenzhen Index and ChiNext Index also expanded in an instant, and they all crossed the 2.1% decline mark.

Other popular main line concepts, such as "infrastructure", "state-owned enterprise reform", "Internet finance", "Shanghai Free Trade Zone" and other main line fields, as well as their related industry sectors, concept sectors, and many core component stocks, also encountered panic selling by all parties in the market at this moment, and the declines expanded, and continued to lead the decline in the two markets.

At 10:25, the Shanghai Composite Index fell by 2.2%, hitting 2250 points, and the ChiNext Index fell by 2.5%. Among them, in addition to the popular leading stocks of "Beixin Road and Bridge, Beijiang Jiaojian, Shanghai Sanmao, and Shanghai Construction", popular stocks such as "Oriental Fortune, Huaxin Cement, and Bayi Steel" also began to hit the limit, and the number of stocks that hit the limit in the two markets exceeded 30 in total.

At 10:31, one hour into the market trading, the Shanghai Composite Index began to rebound briefly from the bottom of the panic sell-off, which was around 2246.37 points. The banking sector in the field of "big finance" still stood out, not only becoming the only industry sector that turned red and rose among all the industry sectors in the two cities, but also quickly pulled up at the moment when the index ushered in a brief rebound in the market, and the increase exceeded 0.5%.

Among them, the core component stocks in the banking sector, such as Minshang Bank, Minsheng Bank, Ping An Bank, and Pudong Development Bank, all rose by more than 1%, and the main buy orders of 10,000 hands continued to buy on the market, guiding the market's risk-averse funds to flow into this field on a large scale.

Of course, at the same time, the popular main line areas of "infrastructure", "state-owned enterprise reform", "Internet finance" and other hot stocks that led the decline in the two cities, also briefly ushered in a large number of speculative funds to buy the bottom, and the decline was reduced, and the volume also showed signs of a brief expansion.

At 10:46, the Shanghai Composite Index fell back to about 2%. The stocks that had already hit the limit down, such as ‘Oriental Fortune, Huaxin Cement, Bayi Steel, and Kumho Group’, opened the limit down board under the bottom-fishing of many speculative funds, and the decline also quickly shrank back to the range of 7% to 9%.

At 10:57, the Shanghai Composite Index fell back to less than 2%. Following the banking sector, securities and insurance also began to move up abnormally, and the entire ‘big finance’ sector began to lead the two markets.

At 11:01, half an hour after the market entered the late trading at noon, the rioting ‘big finance’ encountered extreme selling, and the indexes of various related industry sectors began to fall back.

At 11:05, after the ‘big finance’ encountered heavy upward pressure, many hedge funds that withdrew from core main line areas such as ‘infrastructure’, ‘state-owned enterprise reform’, ‘Internet finance’, and ‘Shanghai Free Trade Zone’ began to flow into the consumer and pharmaceutical sectors in large quantities.

At 11:06, the liquor sector moved abnormally, and Qianzhou Moutai turned red and rose.

At 11:07, the white goods consumption sector rose sharply in a short period of time. The stocks of Gree Electric and Midea Electric, two major white goods giants, turned red and rose, recovering the previous intraday losses.

At 11:08, innovative drug stocks and vaccine stocks in the pharmaceutical field recovered their losses and rose sharply.

At 11:10, in the process of the general decline in the "big finance" field, the "liquor", "white goods" and "pharmaceuticals" fields rose rapidly, attracting a large inflow of risk-averse funds from all walks of life.

At 11:15, "consumption" and "pharmaceuticals" replaced "big finance" as the protagonists of the market, and attracted the focus of investors.

At 11:20, after the Shanghai Composite Index shrank to a maximum decline of 1.75%, it showed a phenomenon of lack of upward momentum.

At 11:26, the Shanghai Composite Index fell again. In a few minutes, the decline widened to 2%, and the differentiation of various industry sectors and concept sectors in the market became more and more obvious.

The core industry sectors and concept sector indexes related to the main lines such as "infrastructure", "state-owned enterprise reform", "Internet finance", and "Shanghai Free Trade Zone" almost fell back to the lowest point of the day. Many related core hot stocks also fell back to the low point of the day under the continuous selling of a large amount of funds.

It can be said that the panic sentiment on the trading board of a number of stocks in the major core main line areas.

Not only did it not weaken, but it expanded.

The "big finance" field, which had performed extremely well before, showed a decline after the banking sector led the securities and insurance to rise, and lost the momentum to attack. At this moment, it almost fell back to the flat market, and the selling force on the trading board of each component stock once again took the upper hand.

It was the traditional safe-haven fields such as consumption and medicine that did not perform well before.

At this moment, it replaced the "big finance" and became the number one target of the entire market's risk-averse funds. It also became the field with the largest net inflow of the main funds in the entire market and the strongest trend.

At 11:29, in the last minute of the market approaching noon.

Almost no one paid attention to the two markets. The "military industry" field, which had been abandoned countless times by the main funds of all parties in the market, suddenly moved abnormally, especially the "China Airlines Series" stocks, as well as the concept sectors such as "military-civilian integration" and "military industry reform", which almost instantly became deep water and were pulled up to the flat market or even the red market stage.

Then, in the sudden movement of the "military industry" field.

The market time slid to 11:30, the market situation of the two markets was frozen, and the market entered the noon trading stop time.

Facing the trend of the market in the last hour before noon, the panic and bearish sentiment in the entire market has subsided. At the same time, everyone is concerned about the frequent changes in 'big finance', 'consumption', 'medicine' and even the 'military industry' that changes at the last moment. 'As for the main lines that performed well, attention began to rise rapidly.

"The dishes this morning were too chaotic, weren't they?"

After the market closed at noon, while the broad investor group in the market was intensely discussing the trend in the morning, everyone in the main hot money group of Yuhang, where Su Yu was located, was also quite excited.

"From banks to liquor, to white goods, medicine, and finally to the military industry, judging from the attack paths of major funds, these hotspots indeed look chaotic, and it is difficult to say there is any continuity."

"There is definitely no continuity in the field of 'big finance'. This can be abandoned."

"Although major funds from various parties have entered the hedging fields such as liquor, white goods, and medicine this morning, the market support logic in these fields is based on performance. In other words, these stocks all belong to traditional industries. It is difficult to There are definitely questions about continuity if there is any story to tell.”

"On the other hand, the 'military industry' field that finally changed at 11:29 is worthy of attention!"

“The ‘China Airlines’ stocks in the ‘military industry’ field have collectively moved. Is this a news change?”

"The market trend of the 'military industry' sector has always been driven by news and emotions. With this sudden rise, I also feel that there has been a change in the news."

"What changes can be made? What other stories can the 'military industry' tell?"

“There are quite a few stories, but I don’t know if the majority of retail investors in the market at this time, as well as the main funds from all parties, are willing to listen.”

"I am afraid that it will be difficult to leverage the market conditions of the 'military industry' sector with non-conclusive major positive news."

"Unless there are any changes in the macroeconomic line of 'military industry reform', there is a lot of risk in...hyping up this field at this time."

"Inquire about the news and then check it out in the afternoon!"

"Yes, at this time, watch more and act less. Today, a lot of the main funds relaying on the main lines of 'infrastructure', 'state-owned enterprise reform' and 'Internet finance' have been robbed!"

“Hey, let’s not talk about others, I just liquidated my position and lost 5 million, that’s it!”

"What did you buy that you lost so much?"

"When we were building the floor and ceiling, I connected a little bit with Beixin Road and Bridge, hell... and then it hit the limit twice in a row. It was extremely unlucky."

"Well, that's really bad luck."

"Looking at today's situation, in the market, hot money from all walks of life is actually not in a high mood to attack."

"There is no sustained profit-making market expectation. In a market like this, it's strange that the mood of various funds to attack is so high. I'm thinking about it, should I go short?"

"Go short! To be honest, I didn't expect the market to collapse so quickly."

"I also think it collapsed too fast. According to my expectations, I thought the market would linger in the range of 2300 to 2400 for a period of time. At least... there should be a sustained rebound. But the result...the rebound ended in one day.”

"The two main concepts of 'infrastructure' and 'state-owned enterprise reform' have completely collapsed!"

"It feels like it has fallen even worse than before the news of the IPO resumption was announced. I have no idea at all. Is the market going like this to accelerate its pursuit of the bottom?"

"Should we go back to 2200 points quickly?"

"Hey, I think 2200 points may not be able to sustain it."

"Hey, at this stage, it's better to be cautious. I don't plan to do anything about the unusual changes in the 'military industry'."

"In the current market, there are no safe relay targets. There may still be targets with a certain premium. There are only a few stocks that are good for resumption of trading at the top of the two cities' growth lists. However, those stocks basically have unlimited daily limits. Even if If you place an order, you will most likely not be able to buy it.”

"I'm not saying...just look at it, the two core main lines of 'infrastructure' and 'state-owned enterprise reform' cannot afford it, and the market conditions on other branches are simply impossible to continue."

"If the reason for the changes in the 'military industry' is the favorable direction of the 'military industry reform', can it be used to leverage the entire main line of 'state-owned enterprise reform'? After all, 90% of military industry enterprises are state-owned holdings. 'Military industry reform' 'Basically equivalent to 'state-owned enterprise reform'."

"From a logical point of view, it can be understood this way."

"However, the specific market performance still depends on the recognition of the relevant investment logic by the broad investor group in the market, and in which direction the overall market sentiment is. Only the broad investor group generally agrees with the hype logic, and the overall bullish sentiment in the market is not If it is bad, it is possible to form a resonance and produce a relatively large and sustainable market!”

"So...these two conditions are not mature!"

"That's why I say that in the field of 'military industry', it is too difficult to really leverage the market and reverse the trend, and it is not worth participating in."

"Without the traction of the two main lines of 'infrastructure' and 'state-owned enterprise reform', today's main funding directions in the market are like headless flies. As the market's bullish sentiment declines, future investment confidence declines." , The market's capital capacity has been continuously weakening, and now the main forces of all parties actually want to attack multiple aspects and disperse the funds comprehensively. With such behavior...it's crazy if the market has a sustained market."

"Yes, you can't be careless here. Although the index has dropped by almost 10% from 2,500 points to now, if you buy the bottom without thinking, there is a high probability that it will be buried deeply."

"Follow the trend. When Su Yu's 'Fortune Road' is fully sold, I won't take over the high position anyway."

"I have a short position and will enter the market when the Shanghai Index is sure to stand firm at 2,200 points, or when the market continues to shrink to the bottom and has nothing to fall."

"There is no sustained market trend and scattered hot spots, which is a temptation to bully."

"You have to learn how to short positions. How many self-proclaimed masters have died by buying the bottom?"

"Let's look at the market's core indicator stocks. I guess it should be almost done once 'Beixin Road and Bridge' completely falls."

"Taking it all together, the market performance this morning shows that there are no main areas or targets that are particularly worthy of intervention. You still have to wait patiently!"

In the entire group, messages are refreshing rapidly...

All the hot money in the market are not very enthusiastic about participating in the market, and most of the hot money is still mainly bearish on the market. Even a small part of the hot money is not so strongly bearish on the market and is willing to invest in this market. Not many people participated in the market relay at that time.

Overall, the entire market.

At this moment, no matter retail investors, hot money, or institutional groups, everyone’s trading perceptions are extremely cautious and pessimistic.

At the same moment, within Yuhang and Yuhang Investment Company, in the fund trading room, Su Yu, who had just returned to the trading room after eating, had already received feedback from Lin Antu, director of the company's market intelligence department.

"The path of 'military industry reform' and 'military industry enterprise asset securitization' has finally arrived." After reading the news fed back by Lin Antu, Su Yu felt slightly relieved and said with a smile, "It couldn't have come at a better time. At this stage, it is just right for us to build a large position in this area.”

"What news?" Li Meng asked.

Su Yu replied: "According to internal information, domestic enterprises in the military industry will imitate the macroeconomic line of 'state-owned enterprise reform' and carry out a wave of reforms and adjustments. The slogan is 'strengthening the army and strengthening the country', but in practice, it will be the same as the military industry enterprises." Business mergers and reorganizations, and the securitization of assets of military industrial enterprises.”

"These are the two concepts you mentioned before!" Li Meng's eyes were bright and he looked quite excited. "Is the news accurate?"

Su Yu responded with a smile: "Director Lin's news has a very small chance of being wrong."

"No wonder many stocks in the 'military industry' sector moved so obviously when the market closed at noon." Li Meng reacted, "Sure enough, there has been a change in the news."