"Can it hit the daily limit?"
As countless eyes converged, everyone harbored a feeling of apprehension.
At this moment, whether 'Teli A' could hit the daily limit was no longer just about its own future trading potential, but about the emotional shift of the entire market, the buying and selling actions of almost all active major capital groups in the market, and even the investment confidence of the entire investor community.
"Damn it, I'll help with 5 lots of shares."
"I'm in too, I'll help with 3 lots, hoping to lock in the daily limit!"
"I still have 9,000 yuan in my account, I'll help with one lot too; countless drops of water can form an ocean. Everyone, let's work together to help 'Teli A' hit the limit! Only if this stock successfully hits the limit will the market have a relatively good trend today, and everyone's stocks won't lose money."
"Okay, I'll buy one lot."
"I'll buy 2 lots, damn it, US stocks can continuously hit new historical highs, there's no reason why A-shares can't stand up."
"We must push the leader up."
"It's already up 9 points, buy it! At this time, we must have faith in the leader."
"Go big or go home! 'Teli A' is currently the soul stock of the market; this daily limit today is extremely important, charge!..."
As countless eyes converged.
Aggressive funds taking over also surged continuously like a tide towards 'Teli A's trading board.
Su Yi saw numerous retail investor orders and their surging follow-up enthusiasm.
While continuing to hold his positions, he also boldly used the available liquid funds in his account again to place 2,000 lots of primary buy orders at the daily limit price, also desperately assisting this core leading stock in hitting the daily limit.
Meanwhile...
Many active speculative funds from various sources within the industry.
Especially many speculative funds that had taken heavy losses in the 'sub-new stock' sector.
Similarly, after realizing that 'Teli A' hitting the daily limit was of great significance for a reversal in the overall market trend, they also successively allocated a small portion of funds and followed other groups of follow-up funds taking over, jointly buying into 'Teli A's trading chips and collectively assisting its stock price to hit the daily limit.
Under the reception of these countless follow-up funds and active speculative main funds.
At 9:31 AM, 'Teli A's stock price on the board reached a gain of 9.33%, and its intraday turnover rate surged to 3% within one minute, with a transaction volume exceeding 400 million yuan.
At 9:32 AM, 'Teli A's stock price touched the daily limit.
At the same time, the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index actively rose from their lower open formations, quickly reducing their intraday declines.
And a host of 'sub-new stocks' that had been decimated, opening sharply lower across the board, even many 'sub-new stocks' that opened near the daily limit down position, also saw a strong bottoming-out rebound at this time.
At 9:34 AM, after 'Teli A's stock price touched the daily limit, under continued massive trading volume.
Its stock price finally locked in the daily limit, and the turnover rate surged to 7%.
At 9:35 AM, 'Teli A's daily limit order volume on the board reached over 70,000 lots and was still continuously increasing.
The stock price set a new historical high, reaching 94.85 yuan.
From the 100-yuan mark, there was only less than one daily limit's worth of space left.
It can be said that, compared to its lowest point during the first round of the stock market crash, it had basically achieved a 10-fold increase.
"It hit the limit! It hit the limit!"
The moment 'Teli A' completely locked in the daily limit.
The entire market, countless short-term investors, whether holding this stock or not, were all cheering joyfully.
At this time, the history created by 'Teli A' was not only beneficial to itself.
It also benefited the entire market, the speculation and spatial breakthroughs of all conceptual and thematic stocks.
Likewise, it also benefited the recovery of market investment confidence and the fermentation of bullish sentiment, favoring the indices turning positive, and facilitating the return of market profit-making effects...
"Under such market sentiment, it can still achieve a sustained low-volume daily limit. This capital aggregation power and the follow-up effect on the board are truly incredibly strong!"
At the same moment 'Teli A' locked in the daily limit, in the internal group of 'Foshan Faction', Li Jinshi secretly clicked his tongue, exclaiming in surprise,
"After the bull market, the first 10-fold stock has been born."
"It's a time to witness miracles!"
Liao Guoxiang exclaimed.
"Brother Liao, the volume is continuously shrinking..."
While investors across the market were excited and joyful that 'Teli A' had reached a new historical high and achieved a tenfold increase in space, a thought of taking profits and clearing positions involuntarily arose in Chen Guiyun's mind.
He said,
"Expectations are beginning to be fully realized. Under this low-volume formation, the stock price is probably at its peak, isn't it?"
"Let's wait and see."
Liao Guoxiang said,
"The market chart pattern and the on-market chip structure haven't collapsed yet; there's no need to rush to take profits. Furthermore, the stock's characteristic as the soul of the market's bullish sentiment hasn't changed, market attention has not only not decreased but is still continuously rising."
"Why take profits now?"
Li Jinshi said,
"As long as the overall market trend reverses, 'Teli A' will definitely have another daily limit tomorrow, and following the two days of sentiment brewing over the weekend, there might even be another daily limit on Monday. It's already at a stock price of over ninety yuan, it's definitely going to try to break through the 100-yuan mark."
"I have a strong bad feeling."
Chen Guiyun said,
"I always feel this stock will break its daily limit in the afternoon."
Liao Guoxiang responded,
"If it really breaks the limit, then sell when it breaks. At this moment... in any case, we can still continue to observe."
With that, he turned his gaze back to the trading boards of the two markets.
After 'Teli A' completely locked in its daily limit.
The market trend in both markets, as well as a host of conceptual and thematic stocks impacted by the IPO restart, and a host of conceptual and thematic sectors.
All under the extreme profit-making effect created by 'Teli A'.
Experienced a rapid rebound, and welcomed active takeover and bottom-fishing from a large number of active capital groups.
At 9:54 AM, finally, after more than 20 minutes of intense market trading, the three major indices – Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index – turned positive and rose again.
Among them, in the main board sector.
Low-valuation blue-chip and white-horse stocks successively welcomed continuous position increases from large funds.
Stocks like 'Ping An Bank, Ping An Insurance, the Four Major Banks, Kweichow Moutai, Gree Electric, Haier Electric Appliances...', the large capital flows on the board all showed a significant net inflow trend.
It seemed that the interpretation of the IPO restart news, which formed during the morning call auction phase, was being reconstructed by large capital groups.
And when the indices opened low and surged higher, all turning positive, and blue-chip, white-horse, and conceptual/thematic stocks launched an all-out counterattack, all receiving attention from major funds.
At the same time, across major stock discussion platforms on the entire network.
Such as stock discussion forums on trading platforms, Tieba, forums, financial media comment sections, etc., places where countless retail investors heavily gathered.
The bullish and bearish interpretations regarding the IPO restart.
Under the interpretations of many brokerage analysts and investment advisors, were also shifting from negative to positive.
Many so-called industry insiders and authoritative figures were all optimistic about this new IPO regulation, believing that the implementation of this new regulation could bring positive market trend feedback and create a good investment atmosphere in the market.
Just as this sentiment gradually shifted, and market investment confidence gradually recovered.
At 10:35 AM, the Shanghai Composite Index launched a strong breakthrough towards 3500 points.
Immediately after, at 10:38 AM, after a brief surge in volume for a few minutes, the Shanghai Composite Index crossed the 3500-point mark in one go, again setting a new intraday high after the National Day holiday, and after more than two months, returned to 3500 points, recovering most of the significant losses from 'Stock Market Crash 2.0'.
Similarly, as the Shanghai Composite Index set a new rebound high and consolidated at 3500 points.
The Shenzhen Component Index, ChiNext Index, and SME Board Index also successively rose; though they couldn't recover most of the losses from 'Stock Market Crash 2.0' like the Shanghai Composite Index did, they also set new rebound highs after the National Day holiday, continuing to show a strong rebound momentum, and extending this round of rebound trend.
Subsequently, amidst the continuous rebound of the indices.
The profit-making effect brought by 'Teli A' began to spread to other 'SME & ChiNext' conceptual and thematic stocks.
At 10:56 AM, 'Baofeng Technology' continued to set new intraday highs, surging 4% with a low-open-and-rise formation.
At 11:18 AM, 'LeTV.com' soared over 5%, also setting a new high for this round of rebound.
At 1:37 PM, 'Chuansheng Jiuzhou' again followed suit and hit the daily limit. The 'State-owned Enterprise Reform' conceptual theme once again became the core area for the explosion of short-term market sentiment. Many conceptual and thematic stocks, under continuous attacks from major funds, triggered a wave of daily limits.
At 2:03 PM, 'Tonghuashun' continued to surge, with its stock price rising above the 80-yuan mark.
At 2:30 PM, as the market entered the last half-hour of trading for the day, even the 'sub-new stock' sector, directly hit by the negative news of the IPO restart, in the strong market rebound, recovered all its intraday losses, successfully turning positive.
However, even though this sector turned positive.
The performance of its related individual stocks, after losing their basic speculative logic.
Whether it was the follow-up of major funds on the board or the smoothness of the stock price trend, both were weaker than the index's performance and the performance of other popular conceptual and thematic leading stocks.
Ultimately, after heated market trading.
When 3:00 PM arrived, both markets once again showed a general upward trend.
Moreover, the Shanghai Composite Index initially stabilized above the crucial 3500-point mark, further boosting overall market investment confidence and bullish sentiment.
After the market officially closed.
Everyone, realizing that the IPO restart could not suppress the market's rebound trend and momentum.
The fervent bullish sentiment in their hearts and expectations for future market trends became increasingly strong.
And amidst continuous enthusiastic exchange of views and discussions, they grew increasingly optimistic about future market trends.
More and more investors began to look forward to the Shanghai Composite Index breaking through 4000 points.
Furthermore, many aggressive investors began to fantasize about the Shanghai Composite Index returning to 5000 points, and even, like US stocks, continuing the bull market trend and hitting new historical highs.
Amidst this comprehensive recovery of sentiment and confidence.
'Teli A', as the core leader and soul stock of the market, naturally remained highly watched, still sought after and fiercely discussed by countless short-term investors.
And after the Dragon and Tiger list for both markets was released in the afternoon.
When everyone saw the data on 'Teli A's Dragon and Tiger list.
'Jinrongjie Fuxing Road', 'Jiefang South Road', 'Gubei Road', 'Laodong Road'... and other well-known big players in the speculative fund circle, still maintained their locked positions.
Countless retail investor groups, and even many large individual holders and small and medium-sized speculative funds.
Their expected aspirations for this stock and its subsequent market trend, their hopes and ambitions became even higher.
Having experienced several rounds of 'Teli A' hitting the daily limit down, only to reverse extremely quickly and rapidly create new highs, at this point, no one was predicting where the stock's peak would be anymore.
Nor was anyone questioning whether this stock could still reach new highs.
Everyone, all investors watching this core 'demon stock', without exception, were waiting for this stock to break through the 100-yuan price barrier, to start a new journey, all waiting for this stock to create a new historical legend, to achieve an even more astonishing height, and lead the Shanghai Composite Index to 4000 points.
Then, amidst this overly consistent expectation and extremely fervent sentiment.
After a night of sentiment brewing.
'Teli A', this king of demon stocks, directly with magnificent momentum, once again achieved an 'one-line' low-volume daily limit.
Without encountering any obstacles, it crossed the 100-yuan price threshold in one breath, continuing to create new heights and speculative miracles.
However, with this miracle continuing to unfold, and follow-up investors and various capital groups flocking to it.
Su Yi was startled, but couldn't help but have the intention of clearing his positions and taking profits.
(End of Chapter)