"Oh, Mr. Lu, on Duofoduo's trading board, major funds are rapidly selling off."
As Su Yi sold off his Duofoduo shares and rapidly bottom-fished to buy Teli A, inside Jufeng Asset Management Company in Shanghai, within the fund trading room, Yu Xiaolu, a core trader, quickly noticed the unusual movement on Duofoduo's trading board and hurriedly reported to fund manager Lu Xiangxiang.
"I see it,"
Lu Xiangxiang nodded slightly,
"This capital is selling off very aggressively, and the volume of sales is huge. I wonder if there's any potential negative news."
Yu Xiaolu said,
"It shouldn't be a negative impact from news, right?"
"Why do you say that?"
Lu Xiangxiang asked.
Yu Xiaolu pointed to other stocks in the same 'lithium battery' concept sector, such as 'Tiance Materials, Penghui Energy, Tianqi Lithium, Ganfeng Lithium, Pioneer Intelligent...', and said,
"If it were a negative impact from news, the unusual movement shouldn't be limited to just Duofoduo. But now... apart from the unusual movement on Duofoduo's trading board, other related stocks with the same concept and main business are trading normally."
"If it's not negative news, then it should be..."
Lu Xiangxiang mused for a moment, then said,
"Most likely, the major funds that entered this stock earlier believe their expectations have been met and are taking profits."
"I think so too,"
Yu Xiaolu nodded and said,
"Mr. Lu, what should we do with Duofoduo now? Should we follow suit and sell?"
Lu Xiangxiang thought for a while and replied,
"Why should we follow suit and sell? As long as its fundamental expectation logic is sound, and the expected cyclical reversal in the 'lithium battery' main theme is still there, then this stock won't fall too much.
We are not funds engaged in sentiment-driven speculation, so we don't need to pay too much attention to the ingress and egress interference of short-term funds."
"Mr. Lu, do you mean we should continue to hold our positions?"
Yu Xiaolu asked.
Lu Xiangxiang smiled and said,
"Not only should we continue to hold, but we should also continue to add positions to core stocks in the 'lithium battery' main theme on dips."
"Continue to increase positions?"
Yu Xiaolu was startled.
Their company's flagship fund product's current position had already reached 90%.
If they continued to increase positions, they would truly reach a full position.
With such a holding state, if the broader market continued its upward trend and their heavily weighted 'lithium battery' concept main theme could remain hot, they would naturally be able to quickly reverse the significant drawdown in the company's fund product's net asset value from the previous few months.
However, if the market experienced another stock market crash, another liquidity crisis, then they would truly be finished.
"Yes, continue to increase positions,"
Lu Xiangxiang nodded, fearless in her heart, and said,
"As long as there are still funds in our fund account to buy stocks, and investors continue to subscribe to our fund products, then we will continue to buy. We cannot miss the investment opportunities in this 'lithium battery' main theme again."
Anyway, the funds invested in the market were not her own money.
As long as there was an opportunity, she had no reason not to gamble.
After all, the fund products she managed had suffered three consecutive stock market crashes before, and the net asset value had fallen severely.
If she didn't go all-in on the 'lithium battery' main investment opportunity, she wouldn't be able to reverse the significantly losing fund net asset value, and investors would certainly redeem a large number of products when the open redemption period arrived.
But if she gambled with a full position, then there was a chance to reverse the fund's net asset value and restore investor confidence.
Even if the gamble failed and the fund's net asset value continued to fall.
She felt that with the fund's net asset value already severely depleted, the impact wouldn't be very significant.
"Okay!"
Seeing her boss's insistence, Yu Xiaolu said nothing more.
She could only nod and quickly executed Lu Xiangxiang's proposed trading strategy, using the remaining available funds in the fund account to quickly absorb the shares Su Yi continued to sell on the trading board.
And while Lu Xiangxiang decided to continue increasing positions and making a big gamble on the 'lithium battery' main theme to explode.
At the same time.
In the VIP independent trading room of Huatai Securities Shenzhen Yitian Road Rongchao Business Center Branch, Xu Liusheng, a well-known major speculative fund operator in the market, also noticed the unusual movements on the Duofoduo and Teli A trading boards.
"Is it a bit too eager to break the limit down at this time?"
He stared at Teli A's trading board, his brows slightly furrowed, and thought to himself.
Under his gaze, Teli A's trading board still had over 400,000 limit-down order book volume at that moment.
However, even though he felt that the various bottom-fishing funds buying Teli A at the limit-down were a bit too eager, and it was unlikely to break the limit-down order book of over 400,000 lots in the remaining ten-plus minutes of trading, he pondered for a moment but still followed suit and placed an order for 5,000 lots, injecting a total of over 20 million yuan.
Similarly, at this time, various major speculative fund groups in Beijing, Yuhang, Gusu, Jinling... and other places.
Many also noticed the unusual movement on Teli A's trading board.
However, there were not many major speculative funds daring to bottom-fish and buy in large quantities at the limit-down like Xu Liusheng.
"Teli A is only on its second limit-down, and funds are already bottom-fishing and jumping in?"
Among the market's major speculative funds who noticed Teli A's unusual movement, Li Jinshi of 'Lüjing Road' within the 'Fushan Group' was very surprised and complained,
"I originally thought that the 'Qilu Group' funds wouldn't be able to escape without losing thirty or fifty percent this time, but I didn't expect..."
"Hehe... this shows that there aren't as many smart funds in the market as we imagine,"
Chen Guiyun of 'Zumiao Road' chuckled and replied,
"Teli A clearly hasn't fallen enough, and its entire chip structure is dispersed. Bottom-fishing at this time isn't just giving money to the market?"
Li Jinshi said,
"Exactly, I wonder who is buying?"
"Could it be the 'Qilu Group' funds trying to rescue themselves?"
Chen Guiyun said.
"No,"
said Liao Guoxiang of 'Jihua 6th Road', the core figure of the 'Fushan Group' speculative funds.
"Everyone knows that the 'Qilu Group' funds are trapped inside. If they continue to induce buying, they won't be able to avoid the disclosure of Dragon and Tiger List data, and will only sink deeper."
"That makes sense,"
Li Jinshi mused for a moment, nodding slightly.
"If it's not the 'Qilu Group' saving themselves, then at this time... who would take the risk of knowing they will likely lose money to save the 'Qilu Group' funds?"
Chen Guiyun said,
"Looking at the real-time trading volume performance of Teli A's board, the funds breaking the limit-down at the close are quite substantial, with no weak financial strength."
"Among those in the circle who like to bottom-fish at the limit-down, the 'Rongchao Business Center' funds are the first to come to mind,"
Liao Guoxiang said.
"Although Teli A suffered continuous limit-downs after resuming trading, its market attention, discussion, and popularity among retail investors are still very high. It makes sense that short-term major funds with higher risk preferences would bottom-fish at the limit-down to manipulate the market."
"'Rongchao Business Center' funds..."
Li Jinshi murmured, pondered for a moment, and said,
"Don't say it, it's really possible."
Just as everyone was guessing the origin of the funds bottom-fishing Teli A.
And they generally believed that bottom-fishing at this time would not yield good results.
At this moment, the several major speculative funds of the 'Qilu Group' who were trapped in Teli A and suffered two consecutive limit-downs, all breathed a long sigh of relief, their faces full of relief.
"Damn it... after being locked up for half a month, I finally escaped."
In the internal group of the 'Qilu Group' major speculative funds, Zhao Zhiyuan from the 'Weihai Rongcheng Shidao' trading seat lamented,
"Fortunately, I only endured two limit-downs and didn't lose much. Next time, I really can't buy leading stocks that have already been hyped to high levels. The risk is too great; they just get locked in the 'small dark room' at every turn."
"I also escaped,"
Zhang Wei from the 'Weihai Rongcheng Chengshan' trading seat responded.
"Someone took over after only two limit-downs; to be honest... it's a bit beyond expectations. I originally thought it would take at least three to five limit-downs before major funds would break the limit-down and take over."
"It can only be said that it's fortunate 'Meiyan Jixiang' did not achieve continuous high spatial gains,"
said Liang Jiucheng from 'Huahai Securities Jinan Lishan Road', a core figure of the 'Qilu Group' major speculative funds.
"Otherwise, Teli A would definitely have another limit-down without volume today. Sigh... if it weren't for the forced intervention by the regulatory authorities this round, Teli A could definitely have continued to be hyped up."
"Brother Liang, how much did you lose this round?"
Zhang Wei asked.
Liang Jiucheng replied,
"I didn't lose much, but this round of operations seriously affected my mindset. Sigh... I need to rest for a while and adjust my mindset."
"It's right to adjust,"
Zhao Zhiyuan said,
"The regulatory authorities this round were really disgusting."
"Yes, I also plan to rest for a while,"
Zhang Wei said.
"Today, I have to thank all the fellow investors who bottom-fished and broke the limit down, saving me a lot of money."
"I wonder which funds in the circle it was,"
Zhao Zhiyuan said.
"They not only took over the chips in our hands but also seemed to be buying more."
"We'll know after checking the Dragon and Tiger List post-market,"
Zhang Wei said.
Zhao Zhiyuan mused for a moment and said,
"Do you think... Teli A might come back to life tomorrow? I always feel that the funds that took over at the close today are not simple!"
"No way, right?" Zhang Wei said. "With this kind of situation, can it still be hyped up?"
"Who knows, Teli A is very peculiar,"
Zhao Zhiyuan said.
"Sigh, I should have kept a small bottom position to observe."
"You've already sold it, don't regret it,"
Liang Jiucheng said.
But despite saying that, his sharp eyes were still tightly fixed on Teli A's real-time trading interface, observing its performance in the last ten-plus minutes of trading.
As he observed, market trading hours continued to flow forward.
Soon.
The two major indices once again solidified, ushering in the 3 PM closing time.
After a full day of violent fluctuations, the Shanghai Composite Index closed near the flat line, significantly recovering its intraday decline; while the ChiNext Index fell slightly, performing weaker than the Shanghai Composite Index.
Regarding the performance of major hot concept themes and their leading stocks, apart from the indices.
Affected by the sharp declines of concept leading stocks such as Teli A and Meiyan Jixiang, main concept themes like 'SOE reform', 'China Securities Finance Corporation holdings', 'internet finance', 'newly listed stocks', 'lithium battery', 'backdoor listing and restructuring'... as well as concept leading stocks like 'Tiancheng Zikong, Chuansheng Jiuzhou, Tonghuashun, Yishang Exhibition, Duofoduo, Tiance Materials, Penghui Energy...' all showed weak sideways trading, no longer displaying yesterday's strong momentum.
However, even if the performance of various hot concept themes and leading concept stocks was poor.
The overall bullish sentiment in the entire market was still relatively resilient.
Especially in the closing stage, various active major funds had actively taken over the sell orders, successfully pulling the broader market index, which had been trading underwater, back to the flat line, bringing ample expectations for tomorrow's market recovery.
Facing such a closing situation in the two markets.
Although the broad investor community felt it was slightly below expectations, they could still accept it.
Thus, in the post-market review discussions.
Everyone did not show too much negative sentiment, and most people still held ample expectations and hopes for the subsequent market trend.
Only concerning Meiyan Jixiang and Teli A.
Numerous investors had serious disagreements in their discussions and analyses.
Some believed that for the market to open up new hype space, Teli A, as the leader, still needed to demonstrate profitability and set an example.
Some believed that 'outdated leaders are worse than dogs', and both stocks would no longer have a future.
Others believed that the market needed new overall leaders to emerge and guide the market, and thought that at this time, a new 'high-low switch' operation should be performed.
Still others believed that the trading logic of Meiyan Jixiang was different from that of Teli A.
They felt that the market hype height that Meiyan Jixiang failed to achieve did not mean that Teli A could not achieve it.
Of course, regardless of the clash of opinions.
One undeniable point was that the market attention and discussion hotness of Meiyan Jixiang and Teli A remained high, far exceeding other similar concept theme stocks.
Amidst this divergence and debate of bullish and bearish views.
Unknowingly, 5 PM arrived, and the Dragon and Tiger List for the two markets refreshed.
In the disclosed Dragon and Tiger List, the highly anticipated stocks, Teli A, Duofoduo, Meiyan Jixiang, Yishang Exhibition... were all on the list.
"Holy crap, what's with Teli A's Dragon and Tiger List data?"
When they saw the intraday buy and sell data disclosed for Teli A, everyone hadn't reacted yet when Xu Qiao exclaimed in the 'Shanghai Ultra-Short Group' internal group, hurriedly @ing Su Yi:
"Brother Su, are you... did you place the wrong order? Buying over 76 million yuan worth of Teli A shares at limit-down, this operation... I truly don't understand!"
Amidst Xu Qiao's exclamation.
Old Wu, Old Zhang, Brother Chen, and others in the group were instantly dumbfounded.
"I'm numb, I said Teli A's closing trend was abnormal, I didn't expect Brother Su to be crazy about breaking the limit down,"
Old Zhang exclaimed.
"The 'Qilu Group' speculative funds should really kowtow to Brother Su today."
"It seems Brother Su has true love for Teli A!"
Old Wu said.
"But isn't Brother Su too eager to bottom-fish and break the limit down at this time?"
"To be honest, I really didn't expect Teli A's Dragon and Tiger List data today,"
Brother Chen also said.
"Tomorrow, I'll follow Brother Su's bottom-fishing and see if Teli A can come back to life with Brother Su's seat endorsement."
Su Yi responded amidst their @s:
"Everyone is welcome to follow my bottom-fishing tomorrow."
"Brother Su, won't you explain the logic behind this operation?"
Xu Qiao asked.
Su Yi thought for a moment and said,
"There's not much logic. I just saw that Meiyan Jixiang didn't generate combined capital force and concentrated bullish sentiment, so I want to try Teli A to see if it still has a chance to take the leading market position and initiate a new round of speculative rally."
"Holy crap..."
Xu Qiao exclaimed,
"Is Brother Su's trial position starting with over 70 million yuan now?"
Su Yi said,
"It's fine, it's less than one-tenth of my position anyway, so losing it doesn't matter."
Hearing Su Yi say 'less than one-tenth of my position', the major speculative funds in the group, including Brother Chen, who had a larger capital volume, were all stunned.
"Brother Su's capital growth rate is truly astonishing,"
Old Zhang lamented.
He remembered that when Su Yi first joined the group, his capital volume was similar to theirs.
He never expected that... only three short months had passed.
The other party's capital volume had created a huge gap with theirs.
"Brother Su is awesome..."
Old Wu said,
"I hope Brother Su can guide us old guys more in the future!"
"With Brother Su's capital growth rate, I'm afraid Brother Su won't be able to do short-term speculation soon, right?"
Brother Chen said,
"No wonder you're starting to shift towards an institutional investment style. Your wealth appreciation rate is too astounding. If this continues... our A-shares might not be able to accommodate Brother Su's capital volume."
Su Yi smiled and said,
"It's not that bad. The path of trading is arduous, and temporary success is nothing."
While everyone in the group was shocked by Su Yi's intraday operation on Teli A, and by his capital volume and wealth appreciation rate.
Various major speculative fund groups, such as the 'Qilu Group', 'Fushan Group', 'Yuhang Group', 'Gusu Group'...
And first-tier powerful speculative fund bigwigs in the speculative fund circle like 'Rongchao Business Center', 'Jintian Road', 'Sangtian Road', 'Gubei Road'...
Everyone, upon noticing Teli A's Dragon and Tiger List data.
Also showed expressions of surprise and shock, and the related discussion热度 (hotness) was exceptionally high.
(End of Chapter)