Amidst the unfolding emotions of joy, sorrow, strong bullishness, and persistent bearishness.
In the evening, late into the night, US stocks, despite the full-line plunge of A-shares, put on a show of opening high and closing high, continuously soaring, further stimulating the emotions of domestic investors.
This led to both markets opening high across the board the next day, Wednesday, September 16th.
"Holy cow, are you kidding me? The stock 'Teli A' opened directly at a one-line limit up!"
Seeing the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index all open more than 1% higher, and simultaneously seeing 'Teli A', the leading concept stock, open directly at a one-line limit up due to swarming follow-up funds snatching up shares, Xu Qiao was utterly stunned in the internal main speculative funds group of 'Modu Ultra-Short Gang', where Su Yi was also present.
"'Teli A''s auction call trend significantly exceeded expectations!"
Old Wu from 'Yintai Road' also exclaimed with considerable surprise upon seeing Xu Qiao's cry in the group.
A minute earlier, at 9:24 AM, 'Teli A''s stock price was still around a 7% gain, but unexpectedly... in the mere tens of seconds before the official end of the auction call, a powerful wave of main buying funds quickly devoured all the sell orders on 'Teli A''s trading board with tens of thousands of super large orders, directly locking its stock price at the limit up.
This resulted in it displaying a one-line limit up board pattern directly at the end of the auction call.
"Who's so fierce, directly placing top orders to snatch shares right at the open?"
Old Zhang from 'Xinzha Road' also asked in surprise,
"The entire 30 million shares traded in the auction call were all taken by this top-order snatching capital. It's ridiculous, I've never seen anyone so impatient, it made all my buy orders empty."
"In this situation, opening with a one-line limit up, can it hold?"
"The broader market opened more than one percentage point higher across the board, it feels like the market's bullish sentiment is very strong. 'Teli A', as the only leading concept stock in both markets to achieve consecutive limit-ups with turnover and generate profit, it's normal for various main funds to aggressively snatch up shares. I think... it has a high probability of holding."
"Let's see the selling pressure on the market after the official opening!"
Brother Chen from 'Xinyue Road' said,
"If the index can stabilize amidst the high opening, then 'Teli A' should be fine with this movement."
As Brother Chen spoke...
The trading time for both markets had reached 9:30 AM, and the market entered the official continuous bidding trading period.
The briefly stagnant trading board had just begun to move.
Almost instantly, 'Teli A', the leading concept stock whose auction call trend was extremely strong and which was the focus of a large number of short-term investors and highly anticipated by all, instantly saw a burst of 65 million in trading volume, quickly breaking the limit up.
"Can't it hold?"
Xu Qiao raised an eyebrow, hesitated for a moment, and was about to place a sell order to take profit.
Yet, in the next instant, 'Teli A''s trading board, which had quickly broken the limit up, was rapidly sealed back at the limit up by a large main buy order of ten thousand lots.
And this time, not many people had time to react.
The rapidly gathering main buying funds quickly piled up the limit-up order to over 100,000 lots like lightning.
At 9:31 AM, just one minute after opening, 'Teli A' completely sealed its limit up, completing a three-consecutive-limit-up with turnover pattern, continuing to display its strong leading concept stock posture.
Xu Qiao saw that in less than half a minute, 'Teli A''s limit-up order had accumulated to over 200,000 lots.
She knew this stock would likely be very difficult to unseal from the limit up.
So, her fingers moved away from the keyboard, and in an instant, she abandoned her plan to sell and take profits, preparing to emulate Su Yi's strategy, locking her position to observe further.
Su Yi saw 'Teli A''s effortless three-consecutive-limit-up with turnover movement.
He knew the stock's rally was far from over.
He casually continued to place a buy order for 50 million yuan on its limit up, maintaining its trading board and helping the locked-up shares to expand their profits.
Then, his gaze turned to the stocks 'Tianqi Lithium', 'Ganfeng Lithium', 'Do-Fluoride', and 'Tianci Materials'.
Benefiting from the positive news in the 'lithium battery' industry last night.
These four stocks, along with the entire 'lithium battery' industry sector index, all opened significantly higher.
Among them, 'Tianqi Lithium' and 'Ganfeng Lithium', as the two most important domestic producers of 'lithium carbonate' and lithium mining companies, both opened directly at a 7-point increase.
After the official market opening, both stocks continued to rise sharply with increased volume, reaching over 8.5% within just two or three minutes, each showing momentum to hit the limit up.
"Industry positives, industry reversal expectations, sentiment, capital, broader market rebound expectations... multiple factors are starting to resonate."
Su Yi stared intently at the trading trends of 'Tianqi Lithium' and 'Ganfeng Lithium', his eyes sharp, a smile on his face, and exclaimed,
"What a great time to buy stocks!"
Saying this, he didn't hesitate.
Using the funds in his margin account, he began to continue sweeping up shares in these two stocks, as well as 'Do-Fluoride'.
Since 'Tianci Materials' was not a marginable stock, margin funds could not be used to buy it.
Therefore, Su Yi could only temporarily abandon his plan to continue building positions in this stock.
1,000 lots, 3,000 lots, 5,000 lots...
Su Yi poured his funds into the market, buying frantically regardless of cost.
He also didn't actively push to seal the limit up; as long as there was active selling on the board, he would place a top order to buy.
If there was no continuous selling, he would withdraw his order and wait for more selling to appear, primarily employing an accumulation strategy near the limit-up price.
While he was continuously accumulating shares.
At the same time, just a few hundred meters from the 'Huaxin Securities Modu Financial Street Fuxing Road' branch office where he was located.
Inside Jufeng Asset Management Company, in the trading room of the 'Jufeng Future Growth' equity fund product, Lu Xiangxiang, who had lost a huge amount of shares yesterday, was also directing her traders to frantically buy back the shares they had sold yesterday.
"President Lu, someone has been consistently placing top orders to snatch shares in 'Tianqi Lithium', 'Ganfeng Lithium', and 'Do-Fluoride'. We can't accumulate many shares at all,"
Yu Xiaolu, the core trader, said helplessly.
"How about we push for the limit up? We can snatch shares on the limit up to buy back."
Lu Xiangxiang watched the trading boards of 'Tianqi Lithium', 'Ganfeng Lithium', and 'Do-Fluoride'.
She noticed that more and more follow-up funds were snatching shares on the trading board, while the selling volume was clearly weakening.
In this situation... even if they didn't actively push to seal the limit up themselves.
Other aggressive funds snatching shares would also proactively push to seal the limit up, intending to snatch shares at the limit-up price.
After understanding this, Lu Xiangxiang nodded, preparing to have Yu Xiaolu act accordingly.
But she didn't expect...
Before she could even speak, 'Tianqi Lithium''s stock price had already rushed straight to the limit up.
And the moment 'Tianqi Lithium''s stock price hit the limit up, 'Ganfeng Lithium' and 'Do-Fluoride', as similar stocks, also instantly followed suit.
"What's wrong?"
Seeing that she was one step too slow again, Lu Xiangxiang frowned tightly and couldn't help but complain.
She didn't understand why she had been so unlucky recently; her operations on the trading board were either intercepted or pre-empted by others.
"Seal the limit up and snatch shares, buy as much as you can,"
Lu Xiangxiang said, clenching her teeth after slightly calming her emotions.
"I refuse to believe I can be wrong this time too."
Yu Xiaolu nodded, still without having had time to react.
The two core stocks, 'Ganfeng Lithium' and 'Do-Fluoride', which were surging rapidly in response, had already been sealed at their limit up.
Lu Xiangxiang saw that more and more main buying funds were flowing into and gathering in the 'lithium battery' and 'new energy industry' concept themes, and the overall market's bullish sentiment was still rising.
After hesitating, unable to buy the core concept stocks, she could only settle for a secondary option and have Yu Xiaolu first heavily sweep up second-tier stocks in the 'lithium battery' and 'new energy industry' sectors, to catch up with this market trend for now.
(End of Chapter)
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