Chapter 465 A Shocking Reversal!
Among them, inside the main fund trading room of Yuhang Anzhao Fund Company.
Qin Qiuyue, who was extremely bearish in the early trading and believed that the market still had a huge risk of falling, stared at the market trend that had reversed completely at this moment, and had no choice but to change his trading strategy and began to issue an order to Zhou Hui to increase his position.
Thanks to the rapid increase in positions and follow-up by the main capital institutions, active hot money groups, and the majority of retail investors in the market.
When the trading time entered 11 o'clock, the Shanghai Composite Index successfully stood above the 2190 point mark, and began to continue to fluctuate upward, and re-attacked the 2200 point mark.
And after the Shanghai Composite Index successfully turned red.
At 11:09, the Shenzhen Index and the ChiNext Index also recovered all the losses during the day and successfully turned red and rose.
So far, the overall market pattern has been completely different at the opening of the morning.
Nearly 70% of the 2,000 stocks in the two markets have achieved an increase, and most of the more than 30 industry sectors in the two markets have also achieved an increase. Among them, the sectors related to the main lines of "consumption, medicine, and finance" that originally showed a leading trend in the morning have changed from the leading sectors to the leading sectors in the two markets. It can be said that the degree of drama has been fully maximized. At the same time, all the safe-haven funds that successfully chased into this field due to the rise in risk aversion in the morning today were temporarily trapped.
As for the concept sectors of the two markets.
In addition to the "venture capital", "reorganization and shell", and "ST sectors" that are still weak and strongly related to the restart of IPOs, other concept sectors such as cement, steel, state-owned enterprise reform, real estate development, leasing rights, Shanghai Free Trade Zone, high-speed rail, Internet finance, New Silk Road, domestic large aircraft, etc., have already become hot spots, and the money-making effect has suddenly become as hot as a bull market.
As for the hot stocks in the two markets, their money-making effect and capital following effect are even more hot.
Stocks such as Beijiang Communications Construction and Shanghai Construction Engineering have all achieved a daily limit trend. From the bottom, the daily increase has exceeded 20%. There are also a series of stocks that have naturally changed hands and reached the daily limit, such as Huaguo MCC, Tianshan Cement, Bayi Steel, Pudong Construction, Hongdu Aviation, Huake Jincai, Jinzheng Shares, Yinjie Technology, etc., as well as a series of hot stocks such as Shanghai Steel Union, Changqu Technology, LeTV, Oriental Fortune, Flush, Valin Steel, Huaxin Cement, Huaxin Building Materials, etc., which are still breaking through with great momentum and still have the hope of listing, all of which reflect an extremely strong and extremely hot money-making effect.
At 11:15, as the money-making effect of the entire market is still expanding, the SME Index, which is the weakest among the core indexes of the two cities, also successfully turned red at this moment.
At 11:21, the number of stocks that hit the daily limit in the two markets was reduced to less than 13, and the oversold small-cap stocks with the concept of "three no" in the two markets also began to be attacked by bargain hunting funds. Their liquidity gradually recovered, and the decline gradually narrowed. There were even several small-cap stocks of the same type that were favored by bargain hunting funds and successfully turned red.
At 11:25, the Shanghai Composite Index approached the 2195 point mark, just one step away from 2200 points.
At 11:27, China Railway Construction, a core component stock in the field of "big infrastructure", tried to close the board. The stock price was pushed up from a 7% increase to more than 9% by continuous large orders of 10,000 hands.
At 11:29, China Railway Construction closed the daily limit, becoming the second "infrastructure" large-cap blue chip stock to naturally change hands and reach the daily limit after China Metallurgical.
Finally, at 11:30, the market conditions in the two markets were fixed.
After the rapid rise of China Railway Construction in the last few minutes, the Shanghai Composite Index continued to rise to 2197.33 points before it stabilized, with the increase expanding to 0.46%, while the Shenzhen Composite Index and the ChiNext Index closed with an increase of 0.28% and 0.19% respectively, maintaining the situation of closing in the red at noon.
Of course, in addition to the surprise of the index trend.
The most eye-catching thing in this half-day is the greatly enlarged trading volume in the two markets.
The trading volume of the two markets soared to 81.732 billion in half a day. Not to mention the comparison with yesterday, even if it is compared with the trading volume of the Shanghai Composite Index at the beginning of last month, it is also a significant increase year-on-year.
Such volume performance is compared with the trend of the index's Jedi rebound.
After the close of the market at noon, the idea of 'the last drop' began to flash in the minds of investors in the market, including major institutions and hot money groups.
"The market trend this morning was really violent. I admire it!"
At noon, during the break of the two markets, some retail investors gathered in the discussion area of the online stock trading platform, the stock investment forum, and the stock community forum, and expressed their sincere feelings.
"More than admiration, it is simply shocking."
"I really didn't expect that the Shanghai Composite Index would turn positive before the midday closing."
"I almost knelt down at the trend in the morning, but I didn't expect... the excitement was to come. Who said that our A-share market is a hopeless case? Isn't it being helped now?"
"Haha... this morning's trend is really wonderful. I have to admit it."
"I feel that today's index trend is the reversal pattern of the last drop. With such a large trading volume and such a fast and violent rebound, today's bottoming out of the early trading session should not be wrong, right?"
"Needless to say, today's lower shadow line is definitely a bottoming out of the golden needle."
"Today's market shape, volume and energy are impeccable. If the bottom that comes out like this can be easily penetrated, then our big A market will be really hopeless."
"Indeed, this lower shadow line is really awesome."
"This lower shadow line is not only moving, but also moving very bloody and violently. I was busy and didn't have time to read the market during the ten minutes in the morning. Otherwise, it would be difficult to resist selling in that situation."
"Hey, it's all tears when I talk about it. I really died at the critical moment before dawn."
"Me too, watching the market rebound violently and return to the red market, my heart is bleeding. How the hell did I accurately sell at the lowest point in the market?"
"I was also wiped out. I cut my position at the lowest point and cried to death."
"I closed my position in Shanghai Construction Engineering at the lowest point. Damn it, it cost 50,000 yuan, and I was fully stocked in Shanghai Construction Engineering. As a result, the opening price fell to the limit, so I decisively stopped the loss and sold it. I saw the market was so crazy at that time. After the sell-off, I saw the Shanghai Stock Exchange Construction Engineering Group completely shut down the limit and was still happy for a while. Who would have known..."
"I can understand this kind of pain. After all, I also have a full position in Beijiang Communications Construction, and I sold at the limit at the opening. Now...seeing the trend of Beijiang Communications Construction, I feel so heartbroken that I can't breathe. Damn it, I It was a 200,000 position, and I had to suffer a 30% loss on this stock before I had no choice but to sell it. Unexpectedly... I sold it at the lowest point. "
"Stop talking, there will definitely be a lot of people who lost their chips today."
"With such a huge amount of panic selling in early trading, how many people have cut their positions? The main force is really ruthless, waiting for the market to fall completely before pulling out."
"There are blood chips everywhere. This wave, the main funds focusing on the 'big infrastructure' line have really made a lot of money."
"There is no way, I can't blame the main force, holding shares requires faith!"
"If you lose your chips, just pick them up again. Anyway, I think it is better for the market to rise than to fall. If the main force does not pull the market today and allows the index to collapse all the way, it will be even more miserable."
"Not only was it miserable, when the market just opened in the morning, the market lost liquidity."
"Today's trend is unexpected, but it is reasonable, right? The negative impact of the IPO restart will be realized after the new shares are listed, and the impact of the trend of the external market is temporary. In contrast, what was revealed by the News Network last night The good news can indeed change many market expectations in the long-term direction. At this time, after the bad news is exhausted, the main force pulls the market and seizes the opportunity. "
"The market has come out. If you look in the rearview mirror, everything will be reasonable."
"Sure enough, there is a thin line between fear and greed!"
"However, the truth is this. It is really difficult to overcome this kind of psychology. In the early trading situation, how many people dare to take the 'Flying Knife' with all their positions?"
"Hey, it's true, it's easier said than done!"
"Don't look back. It's useless to look back a hundred times. The facts have already been formed. Let's just imagine the trend in the afternoon?"
"A violent rebound situation has taken shape. I feel that it is almost natural for the Shanghai Stock Exchange Index to regain 2,200 points in the afternoon, right?"
"It's unclear whether the 2200 point can actually be recovered. Anyway, I think it is impossible for the index to fall back to the position in the morning."
"It will definitely not fall back to the position it was in the morning. After all, all the funds that were intended to be sold on the market were sold, and the market investment sentiment has obviously picked up. Coupled with the continued expansion of the market's profit-making effect, killing The downward momentum has been fully contained.”
"Up, now the index has only one path left."
"Yes, the index will definitely regain 2,200 points in the afternoon, and this... is definitely a staged bottom."
"Today's market buying is obviously more than one level stronger than yesterday. Don't worry, the trend in the afternoon will definitely not be like yesterday."
"Looking at this situation, the index will definitely make a big counterattack in the afternoon."
"Yes, everyone can see that today's golden needle is of considerable quality. Once the market bottom is expected, the market's follow-up effect will only be stronger in the afternoon. I am optimistic that the Shanghai Index will regain 2,200 points in the afternoon and continue to open upward." Space, today is definitely a day of bottom reversal and a big counterattack.”
"Hey, it seems that after the market opens in the afternoon, I have to quickly pick up the chips I lost in the morning."
"Below 2,200 points is definitely a buying point. At this time, since the index has found the bottom, it is a no-brainer to buy."
"The warehouse is full, the warehouse must be full at this time!"
In the rapid news update, after the violent rebound trend of the entire market in the morning, throughout the lunch break, topics permeated the entire online stock discussion community, the morning opening time, and market topics before 9:45 a.m. , is completely different.
The vast group of retail investors are stimulated by the strong market profit-making effect.
It has gradually shifted from being extremely bearish to a bullish emotional atmosphere. Even as the time gets closer and closer to 1 o'clock in the afternoon, 'the last drop', 'the market has found the bottom', 'the golden needle has reached the bottom', Key arguments such as '2200 is the market bottom' are increasingly recognized by more investor groups. There are also more and more off-market investor groups who are interested and plan to actively enter the market after the market opens in the afternoon. field.
In short, due to the strong performance of the desperate reversal in the morning, as well as the huge profit potential created by the core main lines of 'big infrastructure', 'military industry', 'Internet finance', and even a number of oversold small-cap concept stocks, the market is at this moment , whether it is investment sentiment or potential funding, there have been huge changes compared to the early hours of the morning.
And just like this, the mood continues to brew at noon, and the bullish sentiment gradually ferments, and is growing in large numbers again.
Amid much attention, the market opens at 1 p.m.
I saw that the pointer had just moved to 1 p.m., and the market prices of the two markets had just begun to beat again. The surging buying orders were like a wave, rushing in in an instant, all dumping on the markets of the two markets.
Then, the next second.
Extreme amounts of energy erupted on the time-sharing charts of several major market indexes.
Then, in the morning, various funds followed suit, and the main lines of 'big infrastructure', 'military industry', and 'Internet finance' that continued to be pursued, as well as all related industry sectors and concept sectors, all experienced instantaneous straight-line growth. Pulling up, among several major main lines, related popular concept stocks have received concentrated and huge buying orders, and their stock prices have soared into the sky.
Under the surge of concentrated buying funds, at 1:01.
In just one minute after the market opened, the Shanghai Stock Index went straight up without encountering any strong selling resistance. It effortlessly crossed the 2200 point mark and regained this important point.
And after the Shanghai Stock Index successfully crossed 2200 points...
The market's active buying has not only not diminished, but has become more intense.
At 1:02, the Shanghai Stock Index penetrated 2205 points and continued to quickly set new intraday highs.
At 1:03, the Shanghai Index reached 2208 points.
At 1:04, the Shanghai Stock Index broke through the 2210 point mark, and expanded the intraday increase to about 1% in one fell swoop. At the same time, the construction and decoration, building materials, steel, and real estate industry sectors all increased by more than 3%. Gemdale in the real estate industry sector The group also hit the 7% increase mark at this moment.
At 1:05, the Shanghai Stock Index began to fall slightly after hitting its highest point of 2213.41 points.
At 1:06, the total net inflow of main funds in the core industry sectors of "big infrastructure" reached 3 billion, of which the net inflow of main funds in the two major industry sectors of construction decoration and building materials exceeded 2 billion.
At 1:07, the "Internet Finance" concept sector once again exerted its strength. Flush hit the daily limit, Oriental Fortune's increase approached 7%, and Shanghai Steel Union also had great potential to overtake the market.
"What a shocking reversal!"
At 1:08, Yuhang, in an elegant private trading room somewhere in the city, a middle-aged man in his forties or fifties stared at the computer screen in front of him for a moment, then picked up the teacup next to him and took a sip. He looked at another middle-aged man beside him who was staring at the market tightly and silently, and asked: "Lao Zhang, do you regret selling off so many MCC chips before the holiday?"