"A high open with a 7.11% gain..."
Noticing the opening pattern of the stock 'Teli A', Li Jinshi pondered for a moment in the internal group of the 'Foshan Faction' main speculative funds and said,
"The opening gain is better than expected. I thought this stock would hit a limit-up with reduced volume today."
"I feel like we can join in!"
Chen Guiyun said, clearly tempted.
Liao Guoxiang pondered for a moment and replied,
"With this opening pattern, the probability of hitting the daily limit is very high. However, whether it can go far still depends on the buying power of follow-on funds after the market officially opens, as well as the movements of the three main capital forces in the market: 'Financial Street Fuxing Road', 'Mingzhou Jiefang South Road', and the 'Qilu Gang'."
"Regardless of the movements of these three main capital forces, with such strong market bullish sentiment, it shouldn't affect the strong expectation of this stock hitting the daily limit, right?"
Chen Guiyun said,
"Yesterday, the market underwent a round of adjustments, fully releasing some risks, and also clearing out some accumulated profit-taking positions during this period, as well as trapped positions from the two rounds of stock market crashes.
The upward pressure on the market has been significantly alleviated. Under such circumstances... 'Teli A' should, in theory, have very strong bullish momentum, and hitting the daily limit is definitely a high-probability event."
"This stock hitting the daily limit today should be no problem,"
Liao Guoxiang said.
"But when we trade, we don't just look at the intraday market trend; we also need to anticipate tomorrow's trend. We must confirm that this stock will have a substantial premium tomorrow, based on today's daily limit, before entering. After all, we currently don't hold any chips, so once we establish a position, we won't have a cost advantage and won't be able to conduct intraday selling."
"According to you, Brother Liao..."
Li Jinshi said,
"Do you think 'Teli A' doesn't have a suitable entry point intraday?"
Liao Guoxiang said,
"It's not that there's no entry point, it's just that... the entry point isn't that clear."
"Although the entry point isn't that clear,"
Chen Guiyun said,
"it's still worth gambling on, isn't it?"
Liao Guoxiang said,
"'Teli A' as the absolute core leader in the market, and also as the most prominent bullish flag in the entire market's rebound trend, regardless of its height or position, as long as the market rebound trend continues, it is naturally worth gambling on. However, the exact profit margin of the gamble cannot be anticipated or judged."
"Then how about the stock 'Chuansheng Jiuzhou'?"
Li Jinshi asked.
Liao Guoxiang thought for a moment and replied,
"The market elasticity of 'Chuansheng Jiuzhou' currently seems stronger than that of 'Teli A', but the core logic of its market movement still follows 'Teli A'.
Furthermore, in terms of bullish sentiment and the strength of various funds following suit, 'Chuansheng Jiuzhou' as a follower stock to 'Teli A' is certainly far inferior in performance to 'Teli A'. Therefore... if we really have to choose between these two stocks, it would definitely be safer to go with 'Teli A'."
"Then, Brother Liao... which stock do you think offers higher certainty for a gamble right now?"
Chen Guiyun asked.
Liao Guoxiang replied,
"In my opinion, 'Teli A' has reached a position where it is 'best admired from afar, not to be trifled with'. If I were to choose a stock to intervene in, I think that in the 'lithium battery' sector, 'Duofuduo' and 'Tianci Cailiao' would have greater certainty."
"'Lithium battery' sector?"
Chen Guiyun was slightly taken aback.
"Although 'lithium carbonate' and 'lithium hexafluorophosphate' have risen sharply in price recently, their sustainability is unknown. Moreover, this condition has always been dominated by institutions, and the chip structure is clearly more complex compared to 'Teli A', making it potentially difficult to speculate on."
"Exactly,"
Li Jinshi said.
"I also feel that the chip structure in the 'lithium battery' sector is very chaotic."
Liao Guoxiang chuckled and said,
"As long as the price increase trend and signs of industry reversal are clear, flaws in the chip structure are not an issue."
"I'm just afraid of institutional funds dumping shares,"
Chen Guiyun said.
Liao Guoxiang said with confidence,
"No, at this time, with the trend becoming clearer, core stocks like 'Duofuduo' and 'Tianci Cailiao' have scarce chips. It's easy to dump shares, but difficult to buy them back. Therefore, as institutions with major internal holdings, they are highly unlikely to easily dump shares before the price increase expectations for their main products are fully realized."
"But the circulating shares of 'Duofuduo' are not small,"
Chen Guiyun said.
Compared to the 'lithium battery' concept main theme and its related core concept stocks, he was still more optimistic about the 'SOE Reform' core market concept theme and especially about the stock 'Teli A'.
"On the surface, the circulating shares are not small,"
Liao Guoxiang said.
"But after many institutional funds lock up their positions, the actual circulating shares shouldn't be much larger than 'Teli A'. Perhaps... it's very likely that its actual number of circulating shares is considerably smaller than 'Teli A'."
"I'm still more optimistic about 'Teli A', the leading stock."
After pondering for a moment, Chen Guiyun continued.
Liao Guoxiang replied with a smile, saying,
"No problem, just buy whichever one you're optimistic about. I'll try 'Duofuduo'."
"I'll follow with two lots,"
Li Jinshi said.
"For 'Teli A', at this price point, I really can't bring myself to act."
As the three spoke, trading time passed.
Unconsciously, it had moved from 9:25 AM to 9:30 AM.
After a brief five-minute emotional buildup in both markets, the official continuous auction trading session began.
Just as the generally high-opening market in both cities began to tick, 'Teli A', the core leading stock highly watched by short-term investors in both markets, instantly surged straight past the 8% gain mark with a massive volume explosion.
At the same time, amidst 'Teli A''s explosive volume surge, popular concept leading stocks such as 'Chuansheng Jiuzhou', 'Yishang Zhanshi', 'Baofeng Keji', 'Sanxia Xincai', 'Duofuduo', 'Tianci Cailiao', which received significant attention from many active main capital groups, also quickly followed suit, showing straight-line explosive increases.
And under the full-line surge of these concept leading stocks, concept sectors such as 'SOE Reform', 'Lithium Battery', 'Zhengjin Holdings', 'Internet Finance', 'Film and Television Media', 'New Sub-IPO Stocks'... and their related core industry sectors, also continued to rebound upwards, rapidly recovering from the significant pullback losses incurred yesterday.
Similarly, thanks to the upward drive of these concept sectors, several core indices, including the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index, also rose across the board, continuously setting new intraday highs and gradually forming a high-open, high-close development trend.
With this market development in both cities...
At 9:38 AM, only 8 minutes after opening, 'Teli A' took the lead in initiating a charge towards the daily limit.
Numerous large follow-on buy orders continuously swept through the sell orders above the market.
With the combined force of various buying funds, in less than half a minute, its stock price surged straight from an 8.33% gain to the daily limit price.
Then, at 9:39 AM.
The moment 'Teli A''s stock price hit the daily limit, a massive amount of 'dare-to-die' main buying funds, along with an increasing number of scramble-for-chips orders, gathered and jointly sealed its stock price at the daily limit.
"Hitting the limit-up, absolutely no pressure at all!"
Seeing 'Teli A', this core leading stock, effortlessly seal the daily limit channel with an intraday turnover rate of less than 10%, achieving its seventh consecutive daily limit, Xu Qiao, filled with amazement, couldn't help but exclaim in the internal group of the 'Modu Ultra-Short Faction' main speculative funds where Su Yi was,
"This time, the market sentiment for this stock has truly become completely consistent, and it really has hit a limit-up with reduced volume. This is true volume-reduction acceleration, isn't it? A turnover rate of less than 10%, and the market trading volume is severely reduced, which shows that there's a lot of locked-up capital in the market today."
"Positive news, coupled with its own leader premium, and the overall market recovery..."
Old Wu said,
"Most of the funds that intervened yesterday would be problematic if they didn't lock up positions to amplify their holding profits. This situation of volume-reduction acceleration is within expectations."
"The timing of the daily limit is stronger than expected,"
Brother Chen said.
"It seems... 'Teli A' should still have room to grow tomorrow."
"Why didn't Brother Chen get in just now?"
Old Zhang asked skeptically.
Brother Chen said,
"I went for 'Sanxia Xincai'. 'Teli A' is now not just a stock, but a banner. As long as this banner doesn't fall, if we want to profit from trading, we don't necessarily have to participate in this specific stock; participating in similar concept follower stocks is also fine."
"'Sanxia Xincai'?"
Xu Qiao, hearing Brother Chen's words, quickly checked the stock's market trend and said,
"Brother Chen, awesome! This stock has surged from less than a 1% gain at the open to around a 7% gain. Looking at the market pattern and the follow-up of bullish funds, it's highly likely to go straight to the daily limit."
"Holy cow... I'll follow with two lots."
Old Zhang quickly said.
"I'll buy some 'Chuansheng Jiuzhou',"
Old Wu said.
"I feel that this stock's upside potential, with 'Teli A' leading the way, is still very strong."
"'Xinxiang Huaxian' is also a good stock,"
Xu Qiao said.
"Everything is rising; the risk appetite of investors across the entire market has fully recovered,"
Old Wu said.
"At this time, as long as you buy popular stocks on the 'SOE Reform' core concept theme, there won't be much difference. It feels like all the popular stocks on this core theme can fully recover yesterday's market pullback losses today."
"Overall, 'Teli A', 'Chuansheng Jiuzhou', and 'Sanxia Xincai' are still stronger,"
Old Zhang said.
"These three stocks, as it stands, should be the most core leading stocks in the entire 'SOE Reform' concept theme sector."
"In a word, the entire market's bullish sentiment has risen, so just follow the trend and buy in,"
Xu Qiao said.
"At this moment, there's only one thing to do: increase positions, continuously increase positions and go long."
As he spoke, he simultaneously swept up shares in 'Chuansheng Jiuzhou', 'Sanxia Xincai', and 'Xinxiang Huaxian', significantly increasing positions and buying chips.
As he acted, Old Zhang, Old Wu, Brother Chen, and other speculative funds in the group, also excitedly and dramatically increased their chip holdings, frantically sweeping up shares in the market.
Of course, at this moment, it wasn't just these active speculative funds in the 'Modu Ultra-Short Faction' main speculative funds group.
The entire market's active speculative funds community, main speculative forces from various factions like 'Yuhang Faction', 'Gusu Faction', 'Qilu Gang', 'Foshan Faction', 'Wenzhou Faction', 'Rongcheng Gang', 'Jinling Faction', as well as those from 'Yitian Road', 'Gubei Road', 'Shangtang Road', 'Moutai Road', 'Sangtian Road'... were all actively increasing positions and trading, participating in the bullish market trend.
At 9:45 AM, driven by 'Teli A' firmly locking up the daily limit, 'Chuansheng Jiuzhou', a strongly correlated follower stock, again locked up the daily limit, showing a consecutive limit-up trend, and pushed the entire 'SOE Reform' concept sector index to a 2% gain.
At 9:49 AM, 'Baofeng Keji', which was primarily attacked by the 'Gusu Faction' main speculative funds, hit the daily limit.
This former core "demon stock" of the market, which set a record for consecutive limit-ups during the bull market, finally re-emerged from the abyss of sharp declines caused by two consecutive stock market crashes.
At 9:56 AM, 'Yishang Zhanshi', the leading new sub-IPO stock primarily attacked by the 'Jinling Faction' main speculative funds and the two 'Taiping South Road' entities, also quickly hit the limit-up, fully recovering yesterday's limit-down trend, and opening up another round of speculative enthusiasm for the 'new sub-IPO stocks' sector.
At 10:11 AM, 'Sanxia Xincai', primarily attacked by 'Xinyue Road', hit the daily limit after significant turnover.
At the same time, the 'Internet Finance' sector moved across the board, 'Tonghuashun', jointly led by institutions and speculative funds, violently surged and also hit the daily limit.
At 10:37 AM, 'Duofuduo', jointly attacked by the 'Foshan Faction' and institutions, locked up the daily limit.
At 11:09 AM, 'Meiyan Jixiang', led by Alliance Leader Zhang, rose, its stock price surged over 8% with explosive volume nearing 1.5 billion, showing a strong desire to hit the daily limit.
At 11:18 AM, 'Dongfang Caifu''s intraday gain reached 7%, also showing a trend towards hitting the daily limit.
Subsequently, when 11:30 AM arrived, and both markets closed for the midday break.
The Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index all closed with gains of over 1.5%.
Among them, the ChiNext Index and SME Board Index had intraday gains of around 2.75%.
Facing the generally surging market conditions at midday, during the brief one-and-a-half-hour break, the market's bullish sentiment began to further intensify.
Countless retail investors, stimulated by a multitude of hot short-term stocks hitting daily limits, especially encouraged by the exceptionally strong seven-consecutive-limit-up trend of 'Teli A', the core leading stock, had their surging bullish enthusiasm and positive, optimistic emotions thoroughly ignited.
"Reversal, the market will definitely reverse and cover in the afternoon."
"The view of being bullish on the Shanghai Composite Index to 3500 points remains unchanged; this rebound rally is far from over."
"As long as the leader doesn't die, the rally won't stop. 'Teli A' is the banner of the bull market's return; as long as this banner stands, there is still hope for a bull market."
"The stock market crash is a thing of the past; the bull market should be back."
"It's still 'SOE Reform'. Without a doubt, the strongest market concept main theme is still 'SOE Reform'. I'll chase this line in the afternoon and buy like crazy."
"What a great time to recover losses! If not now to increase positions, then when?"
"'Teli A' is truly amazing! What other good stocks can be bought in the afternoon? I'm going all in!"
"'Tiancheng Zikong' is a good stock, and also a leader among 'new sub-IPO stocks'."
"'Dongfang Caifu' is going to hit the daily limit this afternoon."
"'Penghui Nengyuan' and 'Tianci Cailiao' also performed incredibly strongly, and there are also 'Robot' and 'Huichuan Jishu' in the 'Industry 4.0' sector, and..."
Amidst the intense discussions of the crowd, time flew by.
When 1 PM arrived, both markets reopened for trading.
The market's overall bullish sentiment and the follow-on bullish funds performed significantly more aggressively than in the morning session.
At 1:05 PM, after just five minutes of trading, 'Dongfang Caifu', a heavily weighted constituent stock of the ChiNext board, under continuous large buy orders of tens of thousands of lots, surged to hit the daily limit and quickly locked it up, with its half-day trading volume reaching the 2 billion mark.
At 1:14 PM, 'Leshiwang' surged, rebounding to recover all of yesterday's market losses, and set a new rebound high after the National Day holiday.
At 1:21 PM, 'Tianci Cailiao' hit the daily limit. In the 'lithium battery' concept sector, a host of price-increase concept stocks were frantically pursued and scrambled for by various funds.
At 1:36 PM, 'Penghui Nengyuan' hit the daily limit, and at the same time, 'Xinxiang Huaxian' also simultaneously hit the daily limit.
"My goodness, all the hot leading stocks in the market are moving towards a counterattack and full reversal."
Noticing that the indices, major hot concept themes, and hot leading stocks with high investor attention had formed a trend of reversal, Zhou Kaisheng, the speculative fund from the 'Huzhou Laodong Road' seat who had taken profits and cleared positions on 'Teli A', the core leading stock, yesterday, couldn't help but exclaim in surprise.
Immediately, he shifted his gaze.
His tens of millions of funds were then poured all at once onto 'Meiyan Jixiang', which was charging towards the daily limit with follow-on funds scrambling for chips, assisting this stock in hitting the daily limit.
(End of Chapter)