Over the next two weekend days.
Driven by 'Teli A' repeatedly hitting a 5-board high, and the continuously booming profit-making effect in the 'lithium battery' sector.
The overall bullish sentiment among investors in the market continued its strong advance.
More and more people began to envision the Shanghai Composite Index returning to 3500 points, or even 4000 points.
Under this expectation.
On Monday, September 21st, both markets generally opened higher again.
Among them, Su Yi's major leading stocks all opened higher by 3% to 5%.
Subsequently, when both markets officially opened for trading.
Everyone originally thought that the major market indices and popular conceptual themes would continue to rise strongly, setting new rebound highs and explosive profit-making effects.
However, the major indices that opened higher only rose briefly for a few minutes.
Then they plunged sharply, quickly erasing the gains from the high open.
"Accumulated profit-taking orders from previous days have started to dump shares to take profits."
Noticing the rapid fall of the indices and the sharp increase in main selling pressure on the leading stocks across various conceptual themes, Old Wu from 'Yintai Road' said in Su Yi's 'Magic City Ultra-Short Gang' main speculative capital internal group,
"'Teli A' has also started to show significant market divergence."
"It's already a 5-board high, so divergence here is normal."
"Damn, 'Teli A''s stock price is dropping so fast,"
exclaimed Old Zhang from 'Xinzha Road'.
"In less than 5 minutes, it has already lost 5 points."
"I've taken my profits. This wave earned nearly 35% profit, which is enough,"
Xu Qiao said with a chuckle in the group.
"The subsequent risk and profit are yours to handle."
"What about Brother Chen, did he sell?"
Seeing Xu Qiao take profits and exit, Old Zhang from 'Xinzha Road' couldn't help but @ Brother Chen and asked.
Brother Chen from 'Xinyue Road' replied,
"Not yet. Brother Su probably hasn't left either, right? I want to see if 'Teli A' can withstand this round of market divergence."
"I'm out too,"
Old Wu from 'Yintai Road' said.
"Brother Chen, good luck."
"Sigh..."
Old Zhang sighed softly, hesitated for a moment, and seeing 'Teli A''s stock price had fallen to an intraday decline of nearly 4%, still couldn't withstand the volatility, saying,
"Forget it, forget it... I'm out too. Looking at this pattern, it's probably heading towards the floor again."
After speaking, he quickly dumped his shares.
Su Yi saw everyone in the group taking profits and exiting, but remained silent and did not make any moves.
The overall market had risen for three consecutive days, accumulating a considerable number of short-term bargain-hunting profit-taking orders.
This part of the capital indeed had a clear desire and need to take profits by dumping shares.
However, with the overall market sentiment being positive and the news favorable.
And with panic selling with leverage having already been cleared out during the previous continuous sharp declines.
He believed that no matter how one analyzed it.
The current market had no risk of a sustained sharp decline.
As long as the selling pressure from these short-term profit-taking orders eased, he believed the market could continue to rebound, repairing the deep pit of 'stock market crash 2.0'.
As expected...
During his patient waiting.
'Teli A' after falling to an intraday low of about 5%, gradually recovered to positive territory through intense turnover and under extremely strong buying support.
Meanwhile, other short-term funds in the market.
Seeing that 'Teli A', the leading conceptual stock, seemed unlikely to die off for now.
Suddenly, they started to aggressively follow suit and go long, continuing to take on corresponding leading conceptual stocks, driving further profit-making effects and emotional expectations upwards.
Under the continuous speculation and offensive of these active short-term capital groups.
The market sentiment once again began to rapidly shift towards the bullish side.
Then, when bullish sentiment once again suppressed bearish sentiment, the entire market's desire to go long formed a virtuous cycle.
In no time, these bullish capital groups.
Pulled the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index back to near their opening levels.
Immediately after, when the major indices returned to a strong rebound pattern.
Main hot conceptual themes such as 'SOE reform', 'lithium battery', 'newly listed stocks', and 'internet finance' — after clearing out short-term profit-taking pressure — once again became the market's leading core themes and areas where active speculative funds, retail investors, and institutional capital groups concentrated.
Subsequently, leading stocks continued their strength, each further refreshing new market highs.
At 10:17 AM, after 'Teli A' experienced violent fluctuations of nearly 10 points, its market gain rebounded to 4.75%.
The flow of main capital on the market began to shift from significant net outflow before 10 AM to net inflow, with active selling volume weakening and active buying power strengthening.
At 10:27 AM, 'Duofoluo' also surged strongly to a 4% gain after violent fluctuations.
At 10:42 AM, the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index all hit new intraday highs, completely recovering from the early morning dive and pullback.
After that, more and more investors noticed that the indices could not fall further.
And that 'Teli A' seemed capable of opening up further upside.
Therefore, at 10:51 AM, on the market for 'Teli A', the leading conceptual stock in both markets, consecutive large orders of ten thousand lots for the main offensive appeared again.
Four or five consecutive large buy orders of ten thousand lots aggressively pushed up the price.
Almost instantly, 'Teli A''s stock price was pulled up in one wave to the limit-up price.
When 'Teli A''s stock price touched the limit-up price, before many people could react, a massive amount of follow-up capital for hitting the limit-up gathered in the blink of an eye, unhesitatingly locking the stock's limit-up channel.
At 10:52 AM, only one minute after the 'Teli A' market anomaly.
The stock was completely locked at the limit-up, once again opening up the market's rebound speculation height, pushing the consecutive limit-up space with turnover to a 6-board high.
"Holy crap, awesome, 6 boards!"
Witnessing 'Teli A''s extremely volatile behavior, countless investors in the market who were following this stock exclaimed in amazement.
As the main capital that initiated the offensive to lock the limit-up this time, Liao Guoxiang from 'Foshan Jihua 6th Road' looked at the 64 million 'Teli A' shares in his account with satisfaction, chuckling, and said in his 'Foshan Faction' internal small group,
"Didn't I say 'Teli A' hasn't run its course and won't die off for now?"
"Boss Liao's move today is brilliant!"
Li Jinshi from 'Foshan Lujing Road' praised,
"I originally had a 3000-lot order placed at the limit-up, but I was ten seconds too late and couldn't get it. It's already a 6-board high, and the combined market capital power is still so strong, I really didn't expect it."
"With 'Teli A' reaching this point, the capital's expectation is definitely the new high from the first round of speculation earlier,"
Liao Guoxiang said.
"After falling to a 5-point decline at the market open and failing to fall further... I knew that the sentiment and expectation for this stock likely hadn't ended and it could definitely still push higher. As expected... I caught this move today."
"The market turnover is only around 12%, so there aren't many sellers left,"
Chen Guiyun from 'Foshan Zumiao Road' also said at this time.
"Looking at this market turnover situation, the capital from 'Financial Street Fuxing Road' should still be holding, right?"
"They should still be holding,"
Li Jinshi replied.
Chen Guiyun thought for a moment and praised,
"The steadfastness of 'Financial Street Fuxing Road' capital in holding positions is truly extraordinary. To be able to hold onto shares without selling despite such massive market fluctuations is truly admirable."
"The current focus of the 'Financial Street Fuxing Road' capital should be on the 'lithium battery' conceptual theme, so they don't have enough holdings in 'Teli A', which allows them to restrain the desire to sell,"
Liao Guoxiang thought for a moment and said.
"This time, the amount of shares that 'Financial Street Fuxing Road' holds in 'Teli A' is less than 100 million. Even if they sell... it wouldn't be a huge problem."
"That's true,"
Chen Guiyun nodded slightly.
"Given 'Teli A''s current float size, tens of millions of capital are no longer enough to cause fatal market fluctuations."
"It's already a 6-board high, surely no one would dare to heavily follow 'Teli A' anymore, right?" Li Jinshi said.
"How far this stock can go from here truly depends on the combined efforts of various market funds and the continuous relaying by retail investors."
Liao Guoxiang thought for a moment and said,
"My expectation is an 8 to 9-board high, which is where this stock would challenge the high point of its first round of speculation. I just don't know if it can reach that?"
"Regardless of how many more boards there are,"
Chen Guiyun said,
"at least entering today to earn tomorrow's opening premium shouldn't be a problem, right?"
As the discussion among the few continued in the group, market trading time moved forward.
Benefiting from 'Teli A''s unexpected limit-up again.
A host of leading conceptual stocks in the market began to surge in a follow-up trend.
At 11:23 AM, nearing the midday close, 'Meibang Fushi', mainly targeted by General Xu's flagship position from 'Mingzhou Jiefang South Road', hit the limit-up and locked it.
At 1:18 PM, 'Tonghuashun', the leading conceptual stock in the 'internet finance' sector and a core component of the ChiNext Index, under the combined powerful assault of multiple main capital funds, saw its stock price hit the limit-up and quickly lock it, setting a new high for this round of rebound.
At 2:06 PM, Su Yi's heavily invested 'Duofoluo', a leading stock in the 'lithium battery' conceptual theme, under his continuous substantial buying with margin funds and the combined attack of other main buying funds, once again surged to the limit-up.
It achieved a four-consecutive limit-up with high turnover since its bottom rebound, and also became the second leading follower in the current market, only behind 'Teli A' (the 6-board leader), and the absolute core speculative leader of the 'lithium battery' conceptual theme.
At 2:39 PM, the 'newly listed stocks' sector saw a full-scale surge, with seven or eight recent new stocks like 'Sense Electronic', 'Hailun Piano', 'Tiancheng Control', 'Wanju Bio', 'Yishang Display' hitting the limit-up.
Afterward, driven by the further surging bullish sentiment across the entire market.
The Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index all violently surged in the late trading session, showing a unilateral sharp rise.
Finally, when 3:00 PM arrived.
The Shanghai Composite Index rose by nearly 2%, while the ChiNext Index surged again by 4.83%.
After a day of violent fluctuations, both markets once again saw a situation of 'hundreds of stocks hitting limit-up'.
And in such a closing situation.
Su Yi, through continuous accumulation, had increased his holdings to 1.259 billion yuan, nearly reaching fully invested and fully leveraged!
(End of Chapter)
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