Chapter 829: The Decline Is for a Better Rise!
At 11:03, the intraday gains of the ‘Securities’ and ‘Internet Finance’ sector indexes all rebounded to around 0.7%, and are still increasing.
At 11:04, a number of industry sectors and concept theme sectors in the main field of ‘Big Infrastructure’ turned positive across the board. Among them, the two major industry sector indexes of ‘Architectural Decoration’ and ‘Building Materials’ returned to the 1.5% increase position during the day, continuing to lead the two markets, and the core concept theme sector index of ‘New Era Road and Maritime Silk Road’ also broke through the 1% increase mark during the day.
At 11:05, the ‘Military Industry’ sector and the ‘Film and Television Media’ sector turned positive.
At 11:06, the share price of ‘China Airlines Shenyang Aircraft’ rose by more than 1%.
At 11:07, the three musketeers of ‘Tonghuashun’, ‘Dazhihui’ and ‘Dongfang Fortune’ all turned positive and rose, among which the share price of ‘Dazhihui’ rose by more than 3.5%.
At 11:08, ‘Huake Jincai’ followed the rise in all aspects, and the stock price rose straight.
At 11:09, the stock price of ‘Huake Jincai’ rose by 5%.
At 11:10, the highest intraday increase of ‘Huake Shuguang’ broke through 8%, showing the desire to close the board, and the intraday turnover rate was close to 20%. The short-term capital groups participating in the acceptance of the chips on the market are still emerging in an endless stream.
At 11:11, the intraday increase of ‘Lanshi Heavy Equipment’ reached 1%.
At 11:12, ‘Huaxin Securities’, ‘Huaguo Construction’, ‘Huaguo Railway Construction’, ‘Huaguo Jiaojian’, ‘Hua Shang Securities’, ‘Huatong Securities’... and other main-line core weight stocks with ‘Hua’ as the first character, under the influence of a large number of main funds buying, recovered the intraday losses and achieved a turnaround.
At 11:13, the stock price of ‘Huaguo Zhongye’ refreshed the intraday high.
At 11:14, the share price of ‘Huagong International’ rose by 2.5%, also setting a new intraday high.
At 11:15, a number of old stocks in the main line of ‘big infrastructure’, such as ‘Fushun Special Steel’, ‘Bayi Steel’, ‘Kumho Group’, and ‘Beijiang Communications Construction’, rose actively.
At 11:16, the number of stocks in the red market in the two cities rose to more than 1,200.
At 11:17, ‘Huake Shuguang’ hit the daily limit.
At 11:18, the share price of ‘Huake Shuguang’ hit the daily limit, and the share price once again set a new high since its listing.
At 11:19, the Shanghai Composite Index rose by 0.85%, and the A50 Index rose sharply, breaking through the 1% increase mark.
At 11:20, the intraday increase of ‘Lanshi Heavy Equipment’ further expanded to about 2.5%, rebounding more than 5 points from the bottom, and driving a large number of related stocks such as ‘Huahang Heavy Machinery’, ‘Aerospace Development’, ‘Hongdu Aviation’, etc. to turn positive.
At 11:21, the turnover of the two markets exceeded 500 billion.
At 11:22, the ‘Film and Television Media’ sector rose rapidly, and ‘Huace Film and Television’ rose again by more than 5%.
At 11:23, ‘Dazhihui’ hit the intraday increase position of 7%.
At 11:24, the intraday increase of the ‘Internet Finance’ sector index reached 1.75%, achieving a new high after the violent shock.
At 11:25, a large number of stocks with the concept of "Shanghai Free Trade Zone", such as "Shanghai Construction Engineering", "Pudong Jinqiao", "Pudong Development", "Waigaoqiao", "Shanghai-Hong Kong Group", etc., rose, and led the "Shanghai Free Trade Zone" concept sector to rise by more than 1%.
At 11:26, the number of stocks with natural turnover and daily limit in the two markets returned to a high of 35.
At 11:27, "Shanghai Steel Union" rose rapidly, and the stock price rose by 7% in a straight line, with a leading wind rising, leading the entire "Shanghai Free Trade Zone" concept main line.
At 11:28, "Tonghuashun" refreshed the market high, and the stock price also hit a new historical high again.
At 11:29, many small and medium-sized concept stocks in the market that had already hit a 7% increase began to try to hit the daily limit.
Finally, when 11:30 arrived, the two markets ushered in the midday closing.
The Shanghai Composite Index rose by 0.91%. Although it did not successfully exceed the 1% increase, it has returned to the high point at the beginning of the session.
The A50 Index rose by 1.23%, setting a new intraday high.
As for the Shenzhen Composite Index, the ChiNext Index, and the Small and Medium Enterprises Index, they also returned to a daily increase of more than 0.5%.
In addition, the turnover of the two markets continued to exceed 500 billion in half a day, maintaining very active capital liquidity and market chip acceptance.
Faced with such a market trend in the two markets in half a day...
The vast number of investors inside and outside the market showed surprise and excitement, completely forgetting the rapid dive at the beginning of the session, and most of them returned to an excited state.
"Bull market, this is a bull market! In a bull market, any decline is for a better rise."
After the midday closing, many retail investors gathered in the stock discussion area of the trading platform, and they were more and more convinced that the market would continue to rise, that the chips in their hands were precious, and that all intraday corrections in the market would be quickly repaired and continue to create new market highs.
"In December, the Shanghai Composite Index of 4,000 points is not a dream at all."
"Sure enough, the leader is the leader, 'Huake Shuguang' has reached a new high, haha..."
“‘Hua Ke Dawn’ succeeded in blocking the leader position, and ‘Blue Stone Heavy Equipment’ fell behind again.”
"Don't be afraid, these two checks have been rising alternately before. If the heavy profit margin of the lagging 'Blue Stone Heavy Equipment' is cleared for a while, the stock price will definitely catch up quickly."
"The 'Blue Stone Heavy Equipment' has such a large amount of energy today, maybe the 'Rongcheng Gang' has already left, right?"
"Leaving the market at this time means that the 'Rongcheng Gang' still has no structure, but it doesn't matter whether it leaves or not. In this market, at this time, there is no shortage of takeovers."
"That is, for example, I...this morning, I bought the check for 'Blue Stone Heavy Equipment' at the bottom."
"I also bought the bottom, and the current profit is 6 points, which is really cool."
"If leading stocks can continue to open up space, then there should be no problem with the market's main trend and the index trend."
"Don't worry, the Shanghai Stock Index will definitely reach a new high in the afternoon."
"I am also optimistic that the Shanghai Stock Index will continue to hit new highs in the afternoon."
"In the past two days, the market trend of the 'big infrastructure' line has moved ahead of the 'big finance' line. Is it time for the 'big finance' line to show its performance in the afternoon?"
"Yes, there seems to be a Federal Reserve interest rate meeting this Friday."
"This is a big deal. It is estimated that the news of the central bank cutting interest rates and lowering reserve requirements this month should be implemented."
"It will definitely be implemented. Otherwise, why are so many major funds in the market frantically chasing the core line of 'big finance' and frantically grabbing the core chips of the main line of 'big finance'? Isn't it just high probability expectations? Can this major piece of good news come to fruition, significantly stimulate the corresponding stock prices, completely change the market's capital ecology, and stimulate the market's bull market pattern to further stabilize? "
"It makes sense, haha... I will continue to chase positions in the afternoon..."
Amidst the heated discussions among countless investors...
At this moment, inside Yuhang, Yuhang Investment Company, the main fund trading room.
Su Yu, who had already had lunch and returned to the trading room, sat in front of the main control computer, refreshingly browsing the hot posts on major stock exchange forums on the Internet, smiling helplessly, and said with emotion: "The pendulum effect of the market is really amazing. It is effective at all times. When you are optimistic, the higher you go, the more optimistic you become. When you are pessimistic, the more you fall, the more pessimistic you become. This is a complete disregard for the overall chip structure and fundamentals of the market." (End of this chapter)