At the same time, the moment "Meiyan Jixiang" stock price surged towards the daily limit.
Related "Securities Margin Trading Holding" concept stocks such as "Yong'an Pharmaceutical," "Lansheng Shares," "Beihua Shares," "Sunshine Lighting," "New World," "Guoxin Culture," and "Wenfeng Shares" also rallied, with "Beihua Shares" quickly exploding to a 7% gain under continuous large orders of tens of thousands of lots.
"I'm numb, I'm numb, the market trends of these two cities are completely unexpected!"
After seeing the "Big Finance" rally, main concept themes like "New Sub-stocks," "Lithium Battery," "Securities Margin Trading Holding," "Internet Finance," and "Industry 4.0" all surged, showing a violent counterattack, especially with "Meiyan Jixiang," this "King's Woman" stock, once again closing with an imposing daily limit.
Xu Qiao's face in Su Yi's "Modu Ultra-Short Gang" main speculative funds group was full of surprise.
"Holy crap, Brother Su, your judgment is truly impressive."
Old Zhang from "Xinzha Road" also exclaimed.
When the two markets hadn't officially opened, Su Yi said that today's market trend would likely open low and close high, recovering from last Friday's market pullback and decline.
He was originally a bit skeptical.
But at this moment, he truly had to admit it.
"'Meiyan Jixiang' is truly fierce,"
Xu Qiao exclaimed,
"It seems... I sold it wrong again last Friday."
Old Wu from "Yintai Road" saw "Meiyan Jixiang" rush toward the daily limit, and his heart was filled with emotion, saying,
"As expected, speculation still requires some inertia of thought. Looking at this, 'Meiyan Jixiang' has truly made a breakthrough."
"Can it replace 'Teli A' and continue to create upward speculative space?"
"Will it not, like last time, take over from 'Teli A' as the leader and double in value?"
"Brother Chen, it seems you cut your position in 'Meiyan Jixiang' last Friday by mistake."
Old Zhang from "Xinzha Road" @Brother Chen said,
"The trend of 'Meiyan Jixiang' truly has the potential to replace 'Teli A' and has clearly become the emotional core and overall leader of concepts in both markets."
"This violent surge in 'Meiyan Jixiang' today, couldn't it be Brother Su's doing again?"
Old Wu from "Yintai Road" quickly @Su Yi, asking,
"Brother Su, are you the main force behind the market trend of 'Meiyan Jixiang'?"
Su Yi replied,
"No, I didn't add any new positions today."
"Then who could it be?"
Old Wu guessed,
"Could it be the previous 'Yuhang Faction' main speculative funds?"
"Who cares who it is, I'm just asking about this wave of market, are we going to trade 'Meiyan Jixiang'?"
Xu Qiao said,
"I feel that the market's long sentiment is getting stronger and stronger. 'Meiyan Jixiang' will most likely close at the daily limit today!"
"I'm tempted,"
Old Wu said,
"but I need to wait for more turnover."
Old Zhang said,
"Since Brother Su isn't the main force driving it up, I won't get in. But I followed some 'Dongxing Securities' shares today, I wonder if I can exit safely tomorrow."
"'Meiyan Jixiang' feels a bit strange this time,"
Brother Chen from "Xinyue Road" said,
"Since I didn't make money last time, I won't get in this time. I'll try Brother Su's heavily invested 'Lithium Battery' concept theme to see if I can gain anything in that direction."
"Welcome, Brother Chen, to help boost the price,"
Su Yi said with a smile.
Brother Chen smiled and said,
"It's no problem for me to boost the price for Brother Su, I just hope Brother Su doesn't crash the market too hard."
"Don't worry,"
Su Yi said,
"I shouldn't be crashing the market for now."
"Alright then!"
Brother Chen responded.
Then, he immediately invested 10 million yuan into "Penghui Energy," a stock that possesses both "New Sub-stocks" and "Lithium Battery" concepts, avoiding "Duofuduo," which Su Yi was highly likely to be heavily invested in.
Of course, his choice wasn't a lack of trust in Su Yi.
Rather, he felt that "Penghui Energy" had more short-term speculative potential compared to "Duofuduo."
As he poured funds into "Penghui Energy."
Almost simultaneously.
Xu Qiao and Old Wu in the group, after patiently waiting for a moment, also began to invest funds to take on the "Meiyan Jixiang" market shares.
As for Su Yi and Old Zhang, they continued to observe the market changes.
Without making any trading moves.
Under everyone's different strategic choices and trading operations.
As market trading hours continued to advance...
At 10:47 AM, "Meiyan Jixiang," with a continuous surge in volume reaching 2.1 billion, was finally locked at the daily limit by consecutive large buy orders of tens of thousands of lots.
Afterwards, at 11:07 AM, "Penghui Energy," primarily attacked by Old Chen, was locked at the daily limit.
At 11:21 AM, "Tianci Materials," heavily held by Su Yi, surged to and locked at the daily limit.
Finally, when 11:30 AM arrived.
The major indices, including the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index, all closed with gains above 2%, forming an active market pattern of opening low and closing high.
And amidst the comprehensive surge of the indices.
Whether it was the two major weighted main themes of "Big Finance" and "Big Infrastructure."
Or concept themes like "Internet Finance," "New Sub-stocks," "Lithium Battery," "Industry 4.0," "Securities Margin Trading Holding," "SOE Reform," etc.
All showed a trend of opening low, closing high, and a full-line explosion.
It seemed that in the entire market, only the vast investor group holding "Teli A" stock was hurt.
And only "Teli A" stock was isolated and locked at the daily limit, becoming the only non-ST daily limit down stock in both markets.
Facing such a surprising, yet seemingly reasonable, full-line surge in both markets.
And facing the stock price trend of "Teli A" locked at the daily limit down and "Meiyan Jixiang" locked at the daily limit up.
Undoubtedly...
Amidst the discussions among investor groups throughout the midday break.
The market attention for "Teli A" began to decline, while the market attention and discussion heat for "Meiyan Jixiang" began to continuously rise, showing a strong trend of surpassing "Teli A."
Furthermore, in these discussions, more and more short-term investor groups.
Also began to anticipate that "Meiyan Jixiang" could, like last time, replace "Teli A" as the overall market concept leader, achieving a spectacular doubling in value.
However, history may repeat itself, but the process and outcome will never be exactly the same.
When the afternoon arrived and the market reopened for trading.
Aided by heated bullish sentiment, whether it was the broad market indices, major hot concept themes, or major popular stocks, all displayed a magnificent unilateral surge, except for "Teli A."
Finally, when the market closed at 3 PM.
The major indices, including the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index, not only fully recovered from last Friday's market pullback and decline but also hit new post-holiday highs.
Among them, the Shanghai Composite Index surged by 3.28% to close, and the ChiNext Index surged even more significantly by 4.52%.
A host of popular concept leading stocks in both markets.
Except for "Teli A," which remained locked at the daily limit down all day with only 12 million yuan in turnover, all other stocks closed with significant gains.
Su Yi's four heavily invested core "Lithium Battery" theme stocks.
Their average daily gains were all around 7%.
This propelled his position size to over 1.814 billion yuan in one fell swoop, and his personal assets reached 1.4 billion yuan.
After the market officially closed.
Especially with the release of the Dragon-Tiger List for both markets, amidst intense discussions among numerous investors.
Su Yi glanced at the Dragon-Tiger List data for "Meiyan Jixiang," a stock that had garnered much attention from market investors, and discovered that the main funds attacking this stock were actually from the "Gusu Faction."
"Gusu Faction, Gubei Road, Laodong Road..."
Su Yi observed the buy and sell data disclosed for "Meiyan Jixiang," musing,
"Plus Xu Qiao's 'Hongqiao Road' and Old Wu's 'Yintai Road,' who aren't on the list, there's quite a lot of new main capital intervening in 'Meiyan Jixiang' today. With such a complex list of factions and overly consistent expectations, it might be difficult to form a continuous daily limit surge and open up new space tomorrow!"
And just as he had guessed...
With everyone holding extremely high expectations for "Meiyan Jixiang," believing that various well-known speculative fund bigwigs had concentrated their intervention, they could collectively lock up shares and continue to push the stock price higher.
The next day, Tuesday, October 13th.
The market opened slightly higher, but "Meiyan Jixiang" did not achieve a high premium effect.
It only opened with a 3% gain.
Moreover, after the market officially opened, as the broader market and major core concept themes met resistance and started to fluctuate downwards.
"Meiyan Jixiang" not only failed to consolidate a stronger bullish effect and continue to push higher.
Instead, it plummeted rapidly, falling into negative territory, encountering extremely heavy selling pressure.
"Damn it, playing with me again."
Xu Qiao saw "Meiyan Jixiang" consistently failing to break through and unable to regain an upward trend, feeling speechless and cursing,
"It's absolutely poisonous, with such good chart patterns and sentiment, it still can't go up? What kind of leader is that? A crap leader."
He was bullish on "Meiyan Jixiang" twice and entered the market twice.
But he didn't make any money.
This caused his mindset to become somewhat imbalanced instantly.
"Alas, I feel like there's no hope."
Old Wu, who also entered the market yesterday, was somewhat disheartened at this moment,
"I didn't expect to misjudge it again. The overhead trapped sellers in 'Meiyan Jixiang' are truly too heavy. It's extremely difficult to replicate 'Teli A''s second wave. Now it seems... without clearing out the overhead selling pressure, it's hard to have a sustained money-making effect."
"How frustrating,"
Xu Qiao said,
"It seems I truly have no fate with 'Meiyan Jixiang'."
"Hehe, luckily I didn't get into 'Meiyan Jixiang' yesterday."
Old Zhang from "Xinzha Road" chuckled and said,
"I feel that the broader market index also lacks the momentum for a continuous upward push. So... it's best to take profits when you can. Fortunately, 'Dongxing Securities' had a good premium effect at the open today, so I can exit with seven or eight points of profit."
"I don't understand where it went wrong by taking on 'Meiyan Jixiang' yesterday?"
Xu Qiao said, confused.
Brother Chen said,
"Perhaps... in the end, it's because the circulating market capitalization of 'Meiyan Jixiang' is too large. Even if everyone has a strong desire to participate, it's difficult to form a concerted effort. Controlling 'Meiyan Jixiang' is much more difficult than controlling 'Teli A'."
"Is it really an issue of circulating shares..."
Old Wu paused and said,
"Then how was 'Meiyan Jixiang' hyped up during the first round?"
"The logic is different,"
Brother Chen said,
"The speculative expectations for 'Meiyan Jixiang' in the first round were much stronger than this round. For a stock with too large a circulating market capitalization, it's almost impossible to form a concerted effort and create a sustained money-making effect without extremely strong underlying logical expectations."
"If you ask me, it's not just that reason,"
Old Zhang said,
"It's also that the 'Gusu Faction' main funds didn't have enough vision; they didn't dare to push aggressively upwards like Brother Su, nor did they maintain a continuous lock-up of shares.
This led to a lack of recognition from other active market funds, ultimately causing huge capital divergence and triggering concentrated selling from trapped investors at high positions, suppressing the stock price trend."
Brother Chen replied,
"If the stock price didn't break out, there must be reasons from all aspects."
"Damn it, looking at this situation, I have to cut my position again."
Xu Qiao felt numb and his mindset was a bit broken, complaining,
"These few days after the holiday, I haven't caught any of the gains, but I haven't missed any of the losses."
With that, he decisively cut his "Meiyan Jixiang" position, which he had entered yesterday, in accordance with trading discipline.
After two entries and exits, he had already lost nearly a million yuan in total on this stock.
As he cut his position, Old Wu hesitated for a moment, then sighed helplessly again, also cutting his "Meiyan Jixiang" position.
And after both of them cut their positions.
"Meiyan Jixiang"'s stock price showed no improvement throughout the day.
It continued to weakly fluctuate below the market, completely losing the leading style it displayed yesterday.
Instead, "Teli A," the stock that was abandoned by the market yesterday and "sentenced to death" by a large number of short-term investors and many market speculative funds.
In the late afternoon trading session.
Suddenly, a large number of main buying funds appeared, frantically buying shares at the daily limit down, an unusual phenomenon indicating an attempt to break the limit.
"Eh..."
Su Yi noticed the unusual movement of "Teli A" on the market and let out a sound of surprise.
Immediately, he began selling his more liquid "Duofuduo" shares on the market, while simultaneously following the trend and buying "Teli A" shares.
The market always needs a concept leader to consolidate bullish sentiment and lead the market.
Since "Meiyan Jixiang," the leading stock that everyone once had extremely high hopes for, failed to break out and couldn't form a concerted effort of capital and sentiment.
Then, various speculative funds would naturally subconsciously test "Teli A."
And this was the opportunity Su Yi had been patiently waiting for.
(End of chapter)