"Another classic battle, this fund from 'Financial Street Fuxing Road' is simply divine."
As the entire internet hotly discussed the stock 'Teli A' and its Dragon-Tiger List data, Zhao Qiang, a major speculative fund from the 'Yuhang Faction' who also sold all his chips and cleared his positions to lock in profits at a high point today, couldn't help but exclaim in the internal group of the 'Yuhang Faction' major speculative funds, seeing the enormous selling amount from 'Financial Street Fuxing Road' dominating the buy/sell data on 'Teli A's' Dragon-Tiger List.
"This fund is like it's cheating; the way it grasps buy and sell points... it's truly admirable."
"Every time this fund from 'Financial Street Fuxing Road' makes a move, the profits are extraordinarily huge. Its patience in holding positions, its strategy, truly make it unique in the industry."
"This fund from 'Financial Street Fuxing Road' has played 'Teli A' back and forth several times, right?"
"It's done it three times in total, and each time it exited with substantial profits. Truly impressive."
"This fund from 'Financial Street Fuxing Road' probably made at least 500 million in total profit on 'Teli A', didn't it?"
"I feel like it's more than 500 million."
"No matter the amount, 'Financial Street Fuxing Road' has cemented its legendary status with 'Teli A'."
"This guy already achieved legendary status when he was trading Meiyan Jixiang. Now, his seat premium and ability to rally market sentiment are directly challenging the seats of Leader Zhang and Grand Helmsman. It can be said that he has already created a market investment legend."
"What's most admirable is still the decisiveness and patience of 'Financial Street Fuxing Road's' fund in its trading operations."
"Indeed, the judgment of buy and sell points is extremely decisive, yet the holding of positions is very patient. Such an operating style is truly advantageous in short-term market speculation."
"Today's Dragon-Tiger List buy and sell data for 'Teli A' is indeed somewhat surprising."
As the discussion in the group was heated, Sun Chengyu, who had finished his review and pondered for a while, also said,
"I really didn't expect this fund from 'Financial Street Fuxing Road' to have cleared all positions and locked in profits. I originally thought this fund would keep some positions."
"Sun Ge, the internal chip structure of 'Teli A' must have completely loosened up, right?"
"Without a doubt, with such a massive turnover, such violent fluctuations..."
Sun Chengyu said,
"Plus, with so many major funds clearing positions and exiting on the Dragon-Tiger List, it would be strange if its internal chip structure didn't loosen. However, today's market absorption was quite good. If there's no other negative news over the weekend, this stock might not necessarily die."
"Probably very difficult, right?"
"Whether this stock can reach new heights will depend on the broader market trend next."
Zhao Qiang said,
"However, as long as market sentiment remains high, with such strong absorption, even if this stock cannot reach new highs, it is unlikely to experience an A-kill type decline."
"It's hard to say. At such a high position, once the internal chip structure rapidly collapses, consecutive limit-downs might be unavoidable."
"Sigh, I took on a lot of chips today. Speechless..."
"We've been successfully harvested by this fund from 'Financial Street Fuxing Road'. I hope, as Sun Ge said, next Monday will see a good opening."
Along with the discussions among various speculative funds in the 'Yuhang Faction' major speculative fund group.
Meanwhile...
Regarding the stock 'Teli A'.
In the major speculative fund groups of the Qilu Faction and Foshan Faction, which had previously clashed with Su Yi.
And first-tier powerful speculative traders in the industry, such as those from Laodong Lu, Jiefang Nan Lu, Yitian Lu, Rongchao Shangwu Zhongxin, Sangtian Lu...
Also expressed different emotions internally.
And one after another, became pessimistic about the subsequent market trend of the stock 'Teli A'.
Among them, in the internal group of the Qilu Faction major speculative funds, Zhao Zhiyuan, who had hesitated during trading and was unwilling to clear his positions and take profit, was startled by the conspicuous 490 million selling amount from 'Financial Street Fuxing Road' on 'Teli A's' Dragon-Tiger List, almost breaking out in a cold sweat.
"Good thing I cleared my positions and took profit," Zhao Zhiyuan said in the group. "All the big players actually left."
"Lao Zhao, weren't you still thinking of waiting and seeing?"
Zhang Wei chuckled,
"If you hadn't taken profits and exited in time today, next week's opening would probably wipe out all your current profits in one go."
Zhao Zhiyuan replied,
"Brother Liang is still impressive. This judgment of the selling point... I'm convinced."
Liang Jiucheng heard his praise and said with a smile,
"Even if this fund from 'Financial Street Fuxing Road' hadn't left today and was still fully locked in, it wouldn't change the fact that this is a selling point. 'Teli A' has been speculated to this level, and the major expectations previously anticipated by the broad investor community have essentially been realized.
Since the expectations have basically been fulfilled,
then the stock price, in its subsequent rise, naturally loses strong momentum.
Without new significant positive news to stimulate, and without new consensus expectations forming, various follow-on funds will also significantly reduce their buying support.
Thus, under the influence of various factors, it's basically impossible for this stock's price not to fall.
It's just that the full liquidation and profit-taking exit of 'Financial Street Fuxing Road's' fund, along with multiple other core major funds in the market, exacerbated this shift in sentiment.
Leading to a more pronounced stage-specific selling point for this stock."
"That's right."
Zhao Zhiyuan nodded slightly, paused, and then added,
"But this fund from 'Financial Street Fuxing Road' really is incredibly profitable, and incredibly powerful. It traded this stock back and forth three times, and each time it exited with over a hundred million in profits. It's simply... outrageous."
They exerted tremendous effort, going in and out of 'Teli A' three times.
And only barely managed to earn twenty to thirty percent in profit.
However, this fund from 'Financial Street Fuxing Road', although also going in and out three times, each time earned profits that were essentially several times more than theirs.
This made him feel very unbalanced internally.
However, no matter how unbalanced he felt, there was nothing he could do.
The financial trading market is inherently about earning money based on individual capabilities.
The fund from 'Financial Street Fuxing Road' can earn so much because of its superior ability.
Even if he feels annoyed, he can only envy and be jealous.
"It really is outrageous,"
Zhang Wei said.
"With such precise buy and sell points, how exactly does this fund from 'Financial Street Fuxing Road' make its judgments?"
"Who knows?" Zhao Zhiyuan complained.
Liang Jiucheng said,
"In this market, which influential speculative fund in the industry, capable of growing their capital from small to large and repeatedly creating profit myths and trading legends, doesn't have its own unique trading techniques?
'Financial Street Fuxing Road' was able to orchestrate the market to such an extent, guiding various market funds to push 'Teli A' to such astonishing heights. Regardless of the methods or techniques this major speculative fund relies on, they are all admirable. And certainly, worth learning from."
"After this comprehensive liquidation and profit-taking move by 'Financial Street Fuxing Road',"
Zhang Wei said,
"the speculative run of 'Teli A' should be completely over, right?"
"I think it's over,"
Zhao Zhiyuan said.
"It's already close to a 40 billion market cap. At this market cap, if it continues to be hyped, it won't be supported by mere sentiment. And, as Brother Liang said... all expectations for this stock have been realized.
Without new major positive news to stimulate sentiment and expectations over the weekend, the momentum for follow-on funds to speculate will be significantly insufficient."
"Lao Zhao, you weren't saying that during the late trading session this afternoon,"
Zhang Wei said with a smile.
Zhao Zhiyuan chuckled and replied,
"At that time... I didn't know that this fund from 'Financial Street Fuxing Road' and its core major speculative funds had all cleared positions and exited, did I? Now that I've seen the specific intraday trading data for this stock, it naturally makes no sense to remain bullish."
"If there's no new major positive news released..."
Liang Jiucheng continued,
"I believe that for 'Teli A', this should be the end of this round of speculative trading. Moving forward, regarding the stock's trend, even if it might still hit new highs, the trend will definitely only become weaker and weaker."
"Hmm,"
Zhang Wei responded,
"Across the entire market, in all major discussion forums where retail investors gather online, the sentiment feedback for this stock is rapidly deteriorating. Based on such emotional reactions... I feel that next Monday, without clear positive market news, 'Teli A' might open with a straight limit-down!"
"Straight limit-down?"
Zhao Zhiyuan said,
"Surely not that bad?"
"It's hard to say,"
Liang Jiucheng replied.
Zhang Wei thought for a moment and then said,
"Brother Liang, the market for 'Teli A' is almost over. Next... which stock do you favor? Which core concept or theme do you think can emerge to take over from 'State-Owned Enterprise Reform' and continue to lead the Shanghai Composite Index to break upward?"
Liang Jiucheng said,
"During the collapse phase of a core market leader, the overall market trend will definitely be greatly affected. In the past few trading days, the index trend is probably not optimistic. Currently, it's also not clear which core market concept or theme has the potential to replace 'State-Owned Enterprise Reform'.
We can only... wait and see. During the high-low rotation of market leaders, it's often when the market's loss-making effect is more severe. At this stage, I recommend trying to rest and maintain an empty position to observe."
Although on 'Teli A', this core market leading stock.
Through several rounds of speculation, he successfully turned his earlier positions from losses to profits, earning a bit of profit.
But when he carefully reviewed his operations during this period, he felt there were still some issues.
Therefore, for his current operational plan, he still wants to observe for a few more days, adjust his mindset, and carefully determine his subsequent trading targets before making a move.
"Sigh... I feel my mindset hasn't been very good lately either,"
Zhao Zhiyuan added.
"Since Brother Liang has chosen to rest for a few days, I'll also stay empty for a few days and observe. The 3500-point level for the Shanghai Composite Index always feels unstable, and the end of this 'Teli A' trend will indeed affect the trends of many high-flying popular stocks in the current market, thereby causing a relatively serious loss-making effect in the market."
"3500 points, there shouldn't be any big problem, right?"
Zhang Wei pondered for a moment and said,
"With 'Big Finance' and 'Big Consumer' as two major weighted mainstays, the Shanghai Composite Index shouldn't fall too much. It's just... the Shenzhen Component Index and ChiNext Index might see uglier trends."
"Let's see how the overseas markets perform tonight,"
Liang Jiucheng said.
"If the overseas markets don't do well, then the 3500-point level for the Shanghai Composite Index might indeed be difficult to hold."
Amidst the continuous discussions...
Market time continued to advance, and the reversal of bullish and bearish sentiment also continued.
When evening arrived.
Everyone's views on the subsequent trend of 'Teli A', this core market leader, became increasingly pessimistic.
At the same time, many also expressed concerns about whether the Shanghai Composite Index could hold the 3500-point level.
Furthermore, amidst this trend where general market sentiment widely shifted from optimistic to pessimistic, late at night, peripheral markets, especially the US stock market, after violent fluctuations, showed a high-level sell-off trend, which poured cold water on the vast majority of investors in the market, including those retail investors who remained firmly bullish.
Then, during the two days of the weekend, sentiment continued to ferment.
On the domestic news front, apart from regulators continuing to provide specific explanations for new IPO rules, there was no other commendable or noteworthy positive news released.
Thus, carrying a generally pessimistic sentiment and market expectations.
When Monday, November 2nd, arrived.
Both markets directly opened significantly lower across the board.
Among them, 'Teli A', the core leading stock that had garnered widespread attention from the broad investor community.
After losing the locked-in positions and support from 'Financial Street Fuxing Road', its core major fund, and the concentrated follow-on buying from other first-tier speculative funds in the market.
Directly showed a straight limit-down trend with no trading volume, once again falling below the 100-yuan price mark.
"Another soul-cutting limit-down!"
At 9:25 AM, seeing the extremely brutal market trend of 'Teli A', the core leading stock, Xu Qiao broke into a cold sweat in the internal group of the Modu Chaoduan Bang major speculative funds, where Su Yi was, and exclaimed,
"Brother Su's liquidation and profit-taking really had a huge impact; it directly crashed the market leader."
"It's a complete panic selling situation,"
Lao Wu also exclaimed at this moment.
"It's not just 'Teli A' that crashed,"
Lao Zhang interjected, saying,
"All high-flying popular stocks across the entire market are showing signs of collapse. What Brother Su crashed isn't just 'Teli' as a leading stock; he crashed all the leading stocks in the entire market."
"Today's overall market investment sentiment is very poor,"
Chen Ge also visibly frowned at this moment, his eyes fixed on the briefly static market screen of both exchanges, and said,
"Under this emotional climate, it's likely that all profitable funds in the entire market will subconsciously sell off to avoid risks and take profits in time. Today's overall market pressure will not be small, and the trend is estimated to be quite ugly."
"The Shanghai Composite Index at 3500 points probably won't hold,"
Lao Wu said.
Chen Ge said,
"It's no longer a matter of whether it can hold or not. 'Teli A's' direct collapse trend is highly likely to ignite a panic selling situation across the entire market, and then..."
"Chen Ge, are you worried about another liquidity crisis in the market?"
Xu Qiao asked.
Chen Ge replied,
"It's not impossible!"
"Is there absolutely no hope for 'Teli A'?"
Lao Zhang paused and asked.
Lao Wu replied,
"Unless there are unexpected circumstances, there should be no hope. The liquidation and profit-taking exit of Brother Su's 'Financial Street Fuxing Road' seat signals the definitive end of 'Teli A', this 'Demon King' market leader that endured over three months of continuous speculation across three waves of market trends, achieving a tenfold increase."
As Lao Wu spoke.
Market trading time had already reached 9:30 AM.
After just 5 minutes of sentiment brewing, when both markets' trading screens began to move again.
For 'Teli A', the stock that countless short-term investors across the market were keenly watching, its market trend not only remained motionless but its limit-down sell orders instantly surged by over 40,000 lots, heading towards more than 100,000 lots.
Concurrently, at the instant both markets officially opened.
Core concept and theme sectors that were previously heavily speculated, such as China Securities Finance Corp. holdings, pension fund holdings, Industry 4.0, newly listed stocks, film and television media, domestic software, virtual reality... and numerous related hot concept stocks, all plunged directly, completely brought down by 'Teli A', this core leading stock.
And the sharp downturn in overall market sentiment, along with the rapid plunge of all high-performing leading stocks across the market.
Also officially signified that 'Teli A', this core leading stock, this 'Demon King' that had continuously captured the attention of countless investors, finally drew its curtain after creating a tenfold speculative miracle.
(End of Chapter)