Chapter 827 Big Shock on the Market!
At 9:45, the intraday increase of the A50 Index retreated to around 0.75%.
At 9:46, the intraday increase of the Shanghai Composite Index retreated to around 0.4%. At the same time, the two major weighted sector indexes of banking and insurance retreated to the flat position, and the "Big Four Banks", as well as "Huatong Bank", "Minshang Bank", "Shanghai Pudong Development Bank" and other constituent stocks, have suddenly turned green.
At 9:47, the SME Board and ChiNext Index turned from red to green, showing a trend of correction and decline.
At 9:48, "Lanshi Heavy Equipment", a big monster stock that the market investor group paid close attention to, saw a straight dive on the market. Its stock price fell straight from the intraday increase of nearly 7% to the intraday increase of 3%. At the same time, the net inflow of the main funds on the market began to change from a net inflow to a net outflow.
At 9:49, the stock price of "Huake Shuguang", a big monster stock, also followed the dive.
At 9:50, in the field of Internet finance, the corresponding market of a number of constituent stocks such as ‘Dazhihui’, ‘Tonghuashun’, ‘Dongfang Fortune’, ‘Hengsheng Electronics’, ‘Huakejincai’, etc. all fell. Among them, the stock price of ‘Tonghuashun’ has jumped from the intraday increase of 2% to green, and the capital flow on its market has also shown a net outflow.
At 9:51, in the securities sector, ‘Huaxin Securities’ turned green.
At 9:52, the ‘National Defense Military Industry’ industry sector index also turned from red to green, from rising to falling.
At 9:53, only the core industry sector indexes such as ‘building decoration’, ‘building materials’, ‘commercial real estate development’, ‘machinery and equipment’, ‘steel’, and ‘public transportation’ in the main line of the two cities still maintained a good red market trend.
At 9:54, the main line sector of the concept theme of ‘New Era Road and Maritime Silk Road’ experienced huge fluctuations.
At 9:55, the share price of ‘Huagong International’ was also hit by a large number of active selling orders during the trading session, and the share price showed a clear downward trend.
At 9:56, the share price of ‘Huaguo Construction’ was smashed, and the market turned from rising to falling.
At 9:57, the big monster stock ‘Lanshi Heavy Equipment’ had quickly killed to the green market state, and lost 7% of the increase in a few minutes.
At 9:58, under the trend of the three major weight sectors of ‘Securities’, ‘Banks’ and ‘Insurance’ all pulled back rapidly, the Shanghai Composite Index fell back to the flat position.
At 9:59, the Shanghai Composite Index was forced to turn green, swallowing up all the gains in the market since the opening.
At 10 a.m., the number of red stocks in the two cities fell back to less than 1,000, and the entire market showed a huge divergent trend.
At 10:01, ‘Lanshi Heavy Equipment’ continued to fall to a 1.5% drop position.
At 10:02, the intraday decline of the ‘National Defense and Military Industry’ industry sector index expanded to around 0.3%. At the same time, many leading military industry concept stocks such as ‘China Airlines Heavy Machinery’, ‘Aerospace Development’, and ‘Hongdu Aviation’, which are closely related to the trend of the ‘Lanshi Heavy Equipment’ stock, also jumped into the water one after another, and the market showed a net outflow of major funds.
At 10:03, the ‘Yingkou Port’, which once closed the daily limit, exploded, and the volume expanded rapidly.
At 10:04, ‘Huagong International’ turned green and went down.
At 10:05, the intraday decline of ‘Founder Securities’ expanded to 3%, and the entire securities sector index, the market decline expanded to about 0.5%, and the main capital flow of the entire sector has now net outflowed more than 700 million.
At 10:06, the market decline of the two stocks of ‘Tonghuashun’ and ‘Dongfang Fortune’ expanded to nearly 1%. Even ‘Dazhihui’, a relatively strong stock among the three musketeers, fell back from the highest market increase of nearly 5% to the flat price.
At 10:07, all the core indexes of the two cities turned green and showed a downward trend.
At 10:08, the net outflow of main funds in the entire ‘big finance’ main line field reached around 1.5 billion, and it is still increasing sharply.
At 10:09, the intraday decline of ‘Lanshi Heavy Equipment’ expanded to 3.5%.
At 10:10, the market had a relatively strong carrying force, and ‘Huake Shuguang’, which had been struggling to support, was also affected by ‘Lanshi Heavy Equipment’ and successfully turned green and fell.
At 10:11, the decline of the Shanghai Composite Index expanded to more than 0.7%.
At 10:12, the intraday declines of the Shenzhen Index, the ChiNext Index, and the SME Index all expanded to 1%.
At 10:13, the share price of the exploded ‘Yingkou Port’ fell back to about 5%.
At 10:14, the intraday decline of ‘Huaxin Securities’ expanded to 1.5%, and the transaction volume exceeded the 3 billion mark. Compared with the previous trading days, it still showed a trend of increasing volume.
At 10:15, the intraday declines of the three major weighted industry sector indexes of banking, insurance, and securities expanded to around 1%. At the same time, the intraday decline of the ‘National Defense Military Industry’ industry sector index reached 2%, and the ‘Film and Television Media’ industry sector index fell to a decline of nearly 2.5%.
“Fuck, is the market going to collapse?”
Seeing that the two markets were fully adjusted, and the active main capital groups in the market were all selling crazily, at this moment, among the large number of retail investors gathered in the stock discussion area of the trading platform, some people were shocked and couldn’t help but sigh.
"It shouldn't be that serious. Let's take a closer look. I think it will be mostly volatile."
"I agree. The external markets are all rising, and there are no negatives on or off the market. There are also a number of constituent stocks of major core main lines, and even the valuation of the entire market is not high at the moment. There is no bubble at all. Plus Expectations for a bull market continue to increase, and the investment confidence and sentiment of the entire market have completely returned to the bull market atmosphere. At this stage... the market simply does not have enough downward momentum and room for decline, so... I I feel that the current pullback trend is mostly a wash.”
"This continuation should be the downward correction trend yesterday."
"A shock and a washout, right? A collapse is impossible."
"It's obviously a matter of cleaning up profit taking and unwinding arbitrage. Once the changes in hands are reorganized and the selling pressure from profit taking and arbitrage is slightly reduced, the market will definitely continue to rise."
“Looking at the technical form, it’s just a continuation of the correction on yesterday’s 30-minute K-line chart, so there’s no need to panic at all.”
"It's an obvious laundering trend. Again, in a bull market... all market corrections are good opportunities to increase positions. At this time, it's just an opportunity to adjust positions to follow up on leading stocks and buy lows on leading stocks. , in the correction stage of the bull market, if you don’t dare to increase your position and pursue it, then you really don’t want to trade in stocks.”
"I am also optimistic that the market is laundering and pulling back, but the main line of 'big finance', as well as 'big infrastructure', 'military industry' and other core main line fields, the main funds are flowing out!"
"If we don't create such a state of main capital outflow, can we wash away the floating chips?"
"Whether it is a short-term correction or not, or a washout, I only know that this is a bull market. No matter how far the market correction is, as long as the logic of the bull market is still there, it will reach a new high sooner or later. So... I don't understand some people at all. What are you afraid of? If you don’t chase in the bull market, do you have to wait until the bear market to chase and increase positions?”
"Hey, if you don't buy it now, you will regret it later when the market reverses and hits a new high."
"People who are afraid of any correction are not suitable for stock trading at all."
"Yes, to hold the bull stocks, you must have a big heart. Just like the previous violent corrections of the two big demon stocks, 'Bluestone Heavy Equipment' and 'Huake Dawning', the sky and the floor were shaking back and forth. , In essence, if you just buy it and keep it, how can you not make money?”
"Those who sell at this time will definitely regret it."
"It is said that where there is disagreement, there will be market trends. Disagreement is the best selling point. I think now... it is definitely a very good buying point."
"I've already bought the 'flush' check at the bottom. If the main force has the ability, continue to kill. I'm at the lower limit, and I've buried 20 lots of orders waiting to be picked up."
"Haha, I also bought the 'Blue Stone Heavy Equipment' check at the bottom. I don't believe this check will fall to the limit today."
"I also took 10 lots of 'Xiangcai Securities'. I believe that the market in the securities sector is not over yet."
"I wrote the check for 'Yingkou Port' today. I hope you won't bury me."
"The index has plunged sharply, but there is no panic in the market. I think it may not take until the afternoon for the market trend to reverse."
"Really, several major indexes turned green across the board, and the entire market did not show any panic-focused selling."
"The intensity of major fund selling has been weakening."
"Hey, the Shanghai Stock Index seems to have stabilized in the 1.10 to 1.20% decline range?"
"'Blue Stone Reload' seems to have hit bottom."
"Damn it, I feel like the market is going to reverse. I won't say any more. Hurry up and chase the position. I'll chase 10 hands of 'Blue Stone Heavy' chips first."
Amid intense discussions among retail investors throughout the stock discussion forum.
Although the bullish sentiment on the entire network has weakened compared to the beginning of the market, the weakening is extremely limited, and investors are still firmly bullish on the market and believe that the market will continue to rise and break. There are still an endless stream of investor groups, and... they are going lower on the market. Among them, the group of retail investors who buy more as the market falls, and the group of retail investors who aggressively increase their positions as the market falls are still much larger than the group of investors who gradually reduce their positions and take profits when the market trend corrects and falls.
And under this kind of emotional interpretation that has no panic and is still dominated by bullish emotions.
As market hours progress…
After 10:30.
When the Shanghai Composite Index reached its lowest intraday drop of 1.24%, as the volume of profit-making and unwinding orders from concentrated selling weakened, the power of the bulls immediately began to suppress the selling power of the market again, forming a new trend in the market. Dominated, driving the Shanghai Stock Index to rebound.
At 10:31, the Shanghai Stock Index flashed back from a decline of 1.24% to a decline of 1.1%.
At the same time, 'Blue Stone Heavy Equipment', a core concept leading stock that is highly concerned by the entire market investor group, has seen its market decline narrow in a flash, from a low of nearly 4% to a daily decline of 1.55%. is close to the decline position, and the active buying volume on the market can also gradually expand as the stock price rebounds.
At 10:32, the Shanghai Stock Index's intraday decline narrowed to less than 1.1%.
At 10:33, 'Huaxin Securities, Huaguo Construction, Flush, Oriental Fortune, Founder Securities, Chinese Commercial Bank, Huanong Bank, Huaguo Bank, China Commercial Bank, Huagong International, China MCC, China Pacific Insurance, China Airlines Shenyang Aircraft, Huaguo Heavy Industry, Aviation Power...' and other heavily weighted popular stocks in the main fields of 'big finance', 'big infrastructure', and 'military industry' have all seen rapid rebounds in the market trend.
At 10:34, under the attack of huge active buying orders, the share price of Yingkou Port was once again pushed up to the upper limit by continuous buying orders of more than 100,000 lots.
At 10:35, the share price of Yingkou Port hit the upper limit.
At 10:36, the share price of Yingkou Port hit the upper limit. At the same time, the concept sectors related to it, such as the New Era Road, the Maritime Silk Road, the Port Industry, the Northeast Revitalization, the Eurasian Economic Belt, and the China-Japan-Korea Free Trade Zone, were driven by it and showed a rapid rebound trend.
At 10:37, after Yingkou Port returned to the upper limit, the infrastructure heavyweight stock of China Metallurgical Construction with a market value of tens of billions of yuan also showed a rapid upward trend. Not only did the share price instantly turn red from underwater, but it also rose directly to more than 1.5% in one go, setting a new intraday high.
At 10:38, driven by the rapid rise of the check of ‘Huaguo Zhongye’, ‘Huagong International’, an infrastructure weight stock that is also highly concerned by the market’s broad investor group, and the weight leading stock in the main line of the concept theme of ‘New Era Road, Maritime Silk Road’ and ‘Reform and Restructuring of Central Enterprises and State-owned Enterprises’, also saw continuous large buying orders of 10,000 lots, and its stock price rose straight up.
At 10:39, the stock price of ‘Huagong International’ turned red from underwater.
At 10:40, the two major industry sector indexes of ‘Architectural Decoration’ and ‘Building Materials’, to which the two weight stocks ‘Huaguo Zhongye’ and ‘Huagong International’ belong, also turned red and rose under the drive of these two weight stocks and the rebound trend of component stocks in other sectors, and continued to lead the industry sectors of the two cities.
At 10:41, ‘Lanshi Heavy Equipment’ turned red, recovering all the losses in the market. At the same time, ‘Huake Shuguang’ saw a rapid rise, and the stock price rushed to the intraday increase of 3% in one minute, and the leading trend did not decrease at all.
At 10:42, the three Internet musketeers ‘Tonghuashun, Dazhihui, and Dongfang Fortune’ also rose simultaneously.
At 10:43, the stock price of ‘Tonghuashun’ turned red, rebounding rapidly from underwater by more than 2.5%.
At 10:44, ‘Huaxin Securities’ turned red and rose, and the intraday transaction volume reached 4.2 billion.
At 10:45, in addition to the two major industry sectors of "building materials and building decoration", the "mechanical equipment", "commercial real estate development", "steel", "public transportation", "non-public transportation", and "securities" sectors all turned positive, and the decline of the sector index of the "defense and military industry" sector and the "film and television media" sector also quickly shrunk to a decline of less than 1% at this time.
At 10:46, the "Internet finance" sector also achieved another turnaround after the shock.
At 10:47, the intraday stock price of "Huake Shuguang" rose by more than 5%.
At 10:48, seeing the overall recovery of sentiment and trends in the two markets, the main funds that dominated the "Shanghai Sanmao" stock began to pull the market straight, and with "Shanghai Sanmao" as the fulcrum, it led the entire concept theme sector of "Shanghai Free Trade Zone" to continue to attack.
At 10:49, "Shanghai Sanmao" hit the daily limit.
At 10:50, the stock price of ‘Shanghai Sanmao’ hit the daily limit, achieving a continuous daily limit trend again, and continued to lead the entire ‘Shanghai Free Trade Zone’ concept theme.
At 10:51, the ‘Shanghai Free Trade Zone’ concept theme sector index turned red and rose.
At 10:52, the intraday decline of the two major weighted industry sectors, banking and insurance, shrunk to less than 0.4%, and also showed signs of turning red and rising.
At 10:53, the intraday increase of the Shanghai Composite Index expanded to more than 0.25%.
At the same time, the A50 Index followed the rise of the Shanghai Composite Index and also expanded the intraday increase to about 0.25%. At this time, the Shenzhen Composite Index, the ChiNext Index, and the Small and Medium Enterprises Index also reversed the market trend and successfully turned red.
"Sure enough... it's a wash!"
Around 10:55, inside the main fund trading room of Yanjing Yihe Capital Company.
Fund manager Chen Yihe, who was almost scared out of his wits, stared at the two markets, and finally let out a long breath, saying: "This shock came really fast, but only such a fast shock can effectively clear the accumulated profit-taking and unwinding positions in the market at this moment." (End of this chapter)