Chapter 878: Unexpected Sell-Off at the End of Trading!

And in the promotion of trading time.

The related concept stocks in the main fields such as "film and television media", "mobile Internet", "smartphone industry chain", "big consumption" and other main line fields that have attracted much attention from the main funds, as well as various hot stocks, have continued to rise under the continuous buying of various follow-up funds, showing a strong money-making effect.

However, when the Shanghai Composite Index reached a high of around 3630 points, the daily increase reached nearly 1.5%.

At the same time, the market increase of the Shenzhen Index, the ChiNext Index, and the Small and Medium-sized Index all exceeded 2% within the day.

The market of the two cities was suddenly suppressed by the selling of the market again.

Among them, fierce concentrated selling appeared in the three core main line areas of "big finance", "big infrastructure" and "military industry", causing a number of related industry sectors such as "securities, banks, insurance, building decoration, building materials, machinery and equipment, commercial real estate development, steel, cement...", as well as a number of concept theme sectors such as "Internet finance, military industry, Eurasian Economic Belt, New Era Road and Maritime Silk Road, Shanghai Free Trade Zone, China-Japan-Korea Free Trade Zone, Central Enterprises and State-owned Enterprises Reform and Restructuring..." to plunge across the board.

So, under the suppression of concentrated selling.

At 1:55 pm, the two markets began to fall across the board.

In just 5 minutes, the Shanghai Composite Index fell from a 1.5% increase to a 1% increase.

And with the rapid sell-off of the previous popular core main lines of "big finance", "big infrastructure" and "military industry", the slightly stronger main lines of "big consumption", "film and television media", "mobile Internet" and "smartphone industry chain" that have attracted much attention from the main funds in the market have fallen.

At this moment, the same diving trend also appeared.

In these main areas, the main follow-up funds that have taken the lead and made profits began to withdraw at this position.

At 2:02, the three core sector indexes of securities, Internet finance, and national defense and military industry, which had already turned red and rose, fell again and turned green.

At 2:03, "Huaxin Securities" fluctuated and turned green with a turnover of 8.3 billion.

Just comparing the turnover performance of this check in the previous trading days, today's weighted core large-cap stocks in the two cities finally began to shrink, and the momentum of killing the decline began to gradually weaken.

However, even though the momentum of killing the decline of the weighted securities stock "Huaxin Securities" began to gradually weaken.

But in the same sector.

The check of "Huatou Capital", which was greatly hyped in the early stage, and the check of "Founder Securities", which had internal negatives, completely showed a trend of collapse and killing at this moment, and fell by 5%.

The sudden plunge of the entire ‘big finance’ main line, and even the ‘big infrastructure’ main line.

It was also caused by the collapse of the two checks.

At 2:04, the core securities stock of ‘Western Securities’, which was hyped in the early stage, also fell to the intraday low under the influence of the sharp drop of ‘Huatou Capital’.

At 2:05, after the securities, Internet finance, and defense and military industry sector indexes turned green, the ‘commercial real estate development’ sector index also began to fall and turn green.

At 2:06, the weighted industry sectors of the two major ‘big infrastructure’ main line areas of building decoration and building materials also returned to the flat position, completely wiping out all the intraday gains. At the same time, the core stock of the two major sectors, ‘Huaguo Construction’, also turned from red to green.

At the same time, the market decline of the check ‘Huagong International’ also expanded to 2% again.

At 2:07, affected by the continuous plunge of the three main lines of "big finance", "big infrastructure" and "military industry", the hot stocks "Shanghai Steel Union and Shanghai Construction" in the concept theme of "Shanghai Free Trade Zone" showed a sharp drop trend, and the market decline instantly expanded by 2%.

At 2:08, the main line of the concept theme of "Eurasian Economic Belt" and the previous leading stock in the main line of the concept theme of "Northeast Revitalization", the check "Yingkou Port", also showed a sharp drop trend. The market decline expanded to more than 5% in just a few minutes, showing a possible limit down trend.

At 2:09, the core main line of the concept theme of "New Era Road and Maritime Silk Road" turned from red to green in the comprehensive sell-off of the main line of "big infrastructure", and the core stock in its sector, "Northern Xinjiang Communications Construction", unexpectedly hit the limit down board again.

At the same time, a number of concept stocks with the word "Hua" in their names.

There are also cement concept stocks such as ‘Huaxin Cement, Tianshan Cement…’, which are also weakening across the board at this moment, showing a sharp decline.

At 2:10, the net outflow of main funds in the main fields of ‘big finance’ and ‘big infrastructure’ has reached more than 1 billion.

At 2:11, in the field of ‘Internet finance’, the three musketeer stocks of ‘Tonghuashun, Great Wisdom, and Oriental Fortune’, which finally turned red and rose, have once again rapidly fluctuated and fallen amid the continued diving of the sector index and the continued weakening of the three major weight sectors of securities, banks, and insurance in the entire ‘big finance’ main line core sector, and have turned from red to green. In addition, the check of ‘Great Wisdom’ has sharply reduced the decline of 3 points in one minute.

At 2:12, the intraday decline of ‘Huaxin Securities’ expanded to 1%, and the intraday decline of the securities sector index also expanded to 1%.

At 2:13, the decline of ‘Shanghai Steel Union’ widened to 5% again.

At 2:14, ‘Lanshi Heavy Equipment’ and ‘Huake Shuguang’, which had rebounded sharply from the intraday low, also fell sharply again, and the market declines all reached more than 5%.

At 2:15, ‘Tianshan Cement’ suddenly fell sharply, and the market decline reached 7%.

At 2:16, the intraday decline of the entire ‘cement’ sector reached 2%.

At 2:17, the intraday decline of ‘Huahang Heavy Machinery’ reached 3.5%, and the ‘National Defense Military Industry’ industry sector index fell again.

At 2:18, ‘Sanjiang Shopping’, which had been maintaining a strong daily limit, suddenly exploded.

At 2:19, with the collapse of ‘Sanjiang Shopping’, the entire ‘Internet e-commerce’ concept theme main line showed a trend of emotional collapse, and many related concept stocks showed a rapid decline and a rapid decline.

At 2:20, the intraday decline of ‘Western Securities’ reached 4%, and the intraday decline of the ‘Securities’ sector once again reached 1.5%.

At 2:21, the Shanghai Composite Index’s market increase fell back to less than 1%.

At the same time, the Shenzhen Composite Index, the ChiNext Index, and the Small and Medium-sized Board’s market increases also fell back to less than 1.5% at this moment. Among them, the A50 Index, which is a core trend line of the two markets with a strong correlation with the two core main lines of ‘big finance’ and ‘big infrastructure’, has returned to zero across the board and returned to the flat position, showing signs of continuing to turn green.

At 2:22, it was dragged down by the continued decline of the ‘Internet Finance’ sector.

The gains of the two major industry sectors of "Internet software" and "Internet applications" in the two cities have fallen rapidly. Among them, Inspur Information, Netspeed Technology, LeTV... a group of index component stocks belonging to Internet software and belonging to the weighted stocks of the ChiNext Index have fluctuated and fallen, and the gains of the market have all returned to within 3%.

At 2:23, the "2345" check, which had an extremely strong performance in the morning, showed an obvious trend of breaking the board.

At 2:24, under the influence of the trend of the "2345" check breaking the board and falling, the gains of the two major sectors of "Internet software" and "Internet applications" fell further.

At 2:25, the main line of "big consumption", white household appliances, and automobile complete vehicle sectors, also showed a clear downward trend. The main funds that followed the trend before are all retreating at this moment.

At 2:26, ​​the strongest "Film and Television Media" sector in the two cities was also affected. The entire "Film and Television Media" industry sector index still maintained the trend of leading the two cities at this moment, but the market increase has fallen back to about 2.5%, which is almost half of the increase from its intraday high of nearly 5%.

At the same time, the market increase of popular sector core stocks such as "Huace Film and Television, Huawen Media, Huayi Brothers, Guangguang Media..." has generally fallen back by about two or three points in this short period of more than 20 minutes.

It's just for other weak main lines and weak stocks in the two cities.

The market trend of these hot stocks is still strong, and the decline is not very high. In addition, the trend of the main funds on the market is still showing a net inflow.

At 2:27, the Shanghai Composite Index fell back to about 0.7%. At the same time, the total net outflow of the main funds in the two core main lines of "big finance" and "big infrastructure" reached about 3.5 billion.

At 2:28, the intraday increase of the "Sanjiang Shopping" check that exploded fell back to about 5%.

At 2:29, the entire "Internet e-commerce" concept sector suffered a rapid dive again, and the increase of the "Sanjiang Shopping" check had already broken through the 5% position.

At 2:30, except for the "Film and Television Media" sector index, the increase in the two cities was still above 2%, and the increase in any other industry sector had fallen back to below 2%. In addition, the three core main lines of "Big Finance", "Big Infrastructure", and "Military Industry", as well as their related concept sectors, had all fallen back to below the flat position at this moment, and were in shallow water.

At 2:31, the two main lines of "Coal" and "Nonferrous Cycle" moved abnormally for a moment.

At 2:32, the decline of "Huaxin Securities" expanded to about 1.5%, and the turnover on the market broke through the 9 billion mark.

At 2:33, the ‘Apple concept’ sector began to plunge.

At the same time, the popular stock in the ‘Apple concept’ sector, ‘Changying Precision’, fell from the highest intraday increase of 5.56% to the current increase of 2.11%, and is still falling.

At 2:34, the market decline of ‘Dazhihui’ expanded to more than 5%.

At 2:35, the market increase of the Shanghai Composite Index fell back to about 0.5%, once again testing the 3,600 point position, and the two markets formed a comprehensive A-killing trend.

At 2:36, the bullish sentiment that broke out throughout the day began to reverse comprehensively.

At 2:37, the total net outflow of main funds in the two markets reached 7.678 billion, of which the net outflow of main funds in the two core lines of ‘big finance’ and ‘big infrastructure’ basically accounted for 60%.

At 2:38, the concept theme sector of "mobile games", which performed strongly today, began to show a rapid dive. The core stock in the concept sector, "Huaqingbao", showed a trend of exploding, and the speed of the market increase fell back very quickly.

At 2:39, the industry sector index of "complete automobiles", which had performed quite strongly before, suddenly turned green.

At 2:40, after the Shanghai Composite Index touched the 3,600-point mark, it was slightly delayed and ushered in a wave of relatively strong bottom-fishing funds.

At 2:41, the two markets began to usher in a short rebound after the concentrated selling chips were vented.

At 2:42, the popular main lines of "film and television media", "mobile Internet", "smartphone industry chain", as well as "big consumption", "big finance", "big infrastructure", "national defense and military industry" and other main lines, also began to usher in a short rebound after fully releasing the momentum of selling.

Among them, the three major industry sectors that are obviously biased towards cycles, namely ‘coal’, ‘nonferrous metals’ and ‘petrochemicals’, have become the vanguard of the market’s short-term rebound.

However, this rebound trend did not last long.

At 2:48, after the two markets generally rebounded for less than 6 minutes, the concentrated selling force once again appeared on the two markets.

Moreover, this time the killing pattern was more fierce.

And the killing was basically the high-priced stocks that had skyrocketed in the previous period and continued to be hyped by various funds.

For a time, whether it was the popular high-priced stocks in the three major core main line areas of ‘big finance’, ‘big infrastructure’ and ‘military industry’ in the early period, or the high-priced stocks that were temporarily hyped in the popular main line areas of ‘film and television media’, ‘big consumption’, ‘mobile Internet’ and ‘smartphone industry chain’ recently.

At this moment, they all ushered in a rapid dive at the end of the trading day.

And in this rapid dive, the overall bullish sentiment of the two markets also took a sharp turn downward.

At 2:50, when the trading time of the two markets entered the final ten-minute closing stage, the net outflow of the main funds in the entire market reached 10 billion. At the same time, the Shanghai Composite Index wiped out all the gains during the day and returned to the flat position, once again losing 3,600 points during the trading session.

Then, when the Shanghai Composite Index lost 3,600 points again.

When the entire market investor group found that the Shanghai Composite Index could not stand at 3,600 points.

Then, in the last ten minutes of the closing, the more tragic sell-off and the situation of concentrated selling by the main funds became more fierce.

At 2:51, the decline of the securities sector index widened by 2.25%.

At 2:52, the decline of the ‘Internet Finance’ sector index fell to 3%, and the check of ‘Great Wisdom’ suddenly crashed to the limit.

At 2:53, the intraday decline of the ‘defense and military industry’ sector expanded to 2%, the intraday decline of ‘China Airlines Heavy Machinery’ reached 5%, and the ‘Bluestone Heavy Equipment’ check fell again by about 7% after hitting three limit-down boards before.

2:54, 2:55, 2:56...

When the trading time of the two markets finally stopped at 3 o'clock in the afternoon.

The Shanghai Composite Index actually fell to a drop of 0.63%, and the Shenzhen Composite Index, the Small and Medium Enterprises Index, and the ChiNext Index, which had once soared, basically wiped out all the gains during the day.

Of course, the more tragic one is the A50 index.

This index fell directly to a drop of 1.78% in the last trading stage of the two markets, continuing to show a weak plunge, and directly destroyed the market's confidence in going long at 3,600 points, as well as the collective long sentiment of the entire market.

Faced with such tragic closing trends in the two markets and the final closing results.

Inside and outside the market, hundreds of millions of investors were dumbfounded and showed extremely shocked expressions! (End of this chapter)