At the same time.
Yuhang, Huafu Securities Tiancheng East Road Branch, VIP trading room.
Market-renowned hot money investor Yang Kunrong was closely watching the trend of 'Tiancheng Zikong', also aggressively buying with consecutive large orders of tens of thousands of lots, sharply increasing positions to go long.
And in Modu, Huaxin Securities Liyang Road Branch.
Well-known hot money investor Wang Zhongkai also set his sights on a sub-new stock called 'Huawen Zaixian', aggressively investing tens of millions of funds from his holdings.
And besides these active and renowned market hot money investors.
At this moment, a multitude of institutional groups, realizing that the market would not fall further and that the market rebound was far from over.
were also aggressively increasing positions to go long.
Among them, the most popular thematic investment directions favored by institutions were the 'Baijiu and Beverages' sector and the 'Lithium Battery' new energy sector.
At 1:52 PM, 'Qianzhou Maotai' surged 3%, driving 'Wuliangye', 'Luzhou Laojiao', 'Yanghe Shares', and other first-tier baijiu brand stocks to rise aggressively, achieving a full rebound and new highs, and leading the Shanghai Index to climb further.
At 2:09 PM, 'Tianqi Lithium', the core stock of the 'Lithium Battery' sector, also surged to hit the daily limit.
At 2:31 PM, the brokerage sector finally began to surge, with 'Dongxing Securities', a sub-new stock, leading the charge, pulling up in a straight line, pushing the market gain to 7% in one wave.
At 2:43 PM, 'Meiyan Jixiang', this stock, finally hit the daily limit after significant turnover.
And this was also the first time this stock hit the daily limit simultaneously with 'Teli A', the core high-potential leading stock.
Under the combined efforts of institutions, retail investors, hot money, and other major capital forces, when 3:00 PM finally arrived, the two markets closed.
The Shanghai Index, Shenzhen Index, and ChiNext Index all closed with significant gains.
Following yesterday's sharp decline, the two markets quickly retaliated, opening higher and closing higher with a large-volume long bullish candle.
Among them, the Shanghai Index completely reversed yesterday's sharp decline, while the Shenzhen Index and ChiNext Index, though not fully recovering yesterday's losses, repaired more than half of them, showing a market reversal trend.
As for the numerous hot concept thematic main lines and many leading hot concept stocks, besides the indices.
most of them achieved a full reversal.
Facing the widespread gains and large-volume long bullish candle close in both markets.
Post-market bullish and long-position market sentiment, without the need for positive news catalysts, rapidly spread and fermented like a wildfire among all investor groups inside and outside the market.
Especially when 5:00 PM arrived and the top gainers/losers list (Dragon and Tiger List) for both markets was announced.
Everyone saw that both major hot money investors and core institutions were aggressively increasing their positions, and their inner excitement became uncontrollable.
"Haha, yesterday's nonsensical sharp decline and shakeout was truly beautiful."
Amidst the aggressive and excited market discussions across the entire network, Zhao Xinqiang continued to boast in Su Yi's university classmate group.
"Young Master Zhao, did you make a killing again?"
"Three more daily limits, and I'll immediately trade my Ferrari for a Bugatti Veyron,"
Zhao Xinqiang said.
"Making money in the stock market is truly f**ing cool, and truly f**ing lucrative."
"'Teli A' has already hit 7 consecutive daily limits. Three more might not be realistic, right?"
"For a 'demon king' leading stock like 'Teli A', the sky is the limit."
"I f***ing really regret it. I held through yesterday, but I actually lost my chips today,"
Zhou Jiahao said.
"Sigh, I wonder if I'll get a chance to buy them back tomorrow?"
"After 'Teli A' hit the daily limit today, the index continued to rise significantly,"
Liang Xu said.
"I feel like 'Teli A' will likely continue to accelerate tomorrow."
"It will definitely continue to accelerate with shrinking volume."
"After this market adjustment is complete, it can be seen reaching at least 3600 points,"
Tu Hongyong said.
"Our institution is already increasing positions upwards."
"Hehe, it's best if it rises to 4000 points, returning to the bull-bear line. Anyway, I'm already fully invested."
"If the Shanghai Index can reach 3600 points in one go, 'Teli A' might really achieve tenfold growth."
"It must be tenfold growth,"
Zhao Xinqiang said.
"Just watch, this stock will definitely rise to a point where everyone is stunned."
"I don't need tenfold, two more daily limits and I'll be content."
Along with the continuous refreshing of messages in the group and the heated discussions about 'Teli A'.
Across the entire market, on all investor communication platforms nationwide, the optimistic market outlook for 'Teli A' continued to intensify.
Such strong optimistic expectations, coupled with the market's own enthusiastic bullish sentiment.
directly led to 'Teli A' forming a daily limit with shrinking volume during the call auction on the second day, Friday, October 23rd.
Fortunately, as the market call auction was about to conclude.
a large volume of profit-taking chips were sold, breaking the daily limit at the last moment.
This caused the stock to open higher at a 9.19% gain, avoiding an overly uniform straight daily limit with shrinking volume acceleration pattern.
However, even though this stock did not open with a straight daily limit.
when the market had five minutes to build sentiment and entered the official continuous bidding trading session.
the moment the two markets' trading boards began to tick, 'Teli A' still hit the daily limit in seconds, firmly closing at the daily limit at 9:31 AM, once again setting a new historical high and achieving an eight-day consecutive daily limit trend, further opening up room for short-term market speculation.
And driven once again by 'Teli A'.
the Shanghai Index, Shenzhen Index, ChiNext Index, as well as the numerous core concept thematic main lines and many leading hot concept stocks in both markets.
also once again showed a strong rebound.
It's just that...
It was unclear whether it was due to another concentrated accumulation of profit-taking chips on the board, or for some other reason.
When the market, fueled by fervent bullish sentiment, once again opened high and closed high, forming a widespread gain pattern and fully reversing the previous day's sharp decline.
At 1:53 PM, on 'Teli A's' board, which was at the daily limit with shrinking volume.
there was a sudden surge in volume.
Several consecutive large sell orders of tens of thousands of lots were rapidly offloaded, breaking 'Teli A's' daily limit lock.
"Huh... what's going on?"
Su Yi noticed the abnormal movement of 'Teli A' on the board, his expression slightly stunned.
"Logically, at this time, the overall market investment sentiment and the entire market trend are still actively positive; there's no reason to smash the market for profit-taking like this. Could it be that..."
At this time, for 'Teli A', the main capital groups in the market.
with over a hundred million in funds.
besides him, there was only the General Helmsman's 'Mingzhou Jiefang South Road' and the 'Qilu Gang' capital.
In other words, the one smashing the market at this moment was either the General Helmsman or the 'Qilu Gang' capital.
And based on his observation of the board, he was more inclined to believe that the capital that just smashed the market was led by the General Helmsman, 'Mingzhou Jiefang South Road'.
According to his understanding of the General Helmsman's trading methods.
whatever the reason for the other party smashing the market at this time, it was enough to make him wary.
However, because the market's own trend and overall sentiment were strong enough, and the extreme profit-making effect generated by 'Teli A' was also strong enough.
after this capital broke the daily limit.
in less than 20 seconds, the follow-up funds rushing to take over quickly re-sealed the daily limit.
And this time, after the concerted capital efforts gathered, the daily limit lock orders displayed were significantly more than before.
At the same time, after the daily limit was quickly re-sealed, the profit-taking capital groups that originally had the desire to smash the market also quickly calmed down after hesitation, continuing to hold their positions and watch.
Seeing the board once again shrinking in volume after the daily limit was re-sealed.
Su Yi pondered for a moment, then began to follow the capital that had suddenly smashed the market earlier, continuously selling off a portion of his chips in small batches at the daily limit.
As he continued to sell.
the market was still strongly rebounding, and major hot concept leading stocks were also rapidly surging and breaking out.
Ultimately, when the two markets closed, 'Teli A' remained locked at the daily limit.
However, compared to its 4% turnover rate when it hit the daily limit early in the morning, by the close of trading in the afternoon, this stock's intraday turnover rate had surged to 9%.
This meant that nearly 900 million in chips were traded on the stock's daily limit intraday.
Of course, most of the 900 million in chips traded at the daily limit occurred in the afternoon, or near the end of the trading day.
Among these, Su Yi reduced his position by nearly 20,000 lots, totaling 170 million in chips, decreasing his holding size for this stock by almost half.
(End of Chapter)