Chapter 370 A Strong Breakthrough!
After the midday close, the Shanghai Composite Index, which faced a strong rebound, was still suppressed below 2200 points.
The entire market investor group, while excited and excited, felt that there was something missing, and at the same time, they were quite worried about the trend in the afternoon.
After all, according to the inertia of market evolution...
If the index fails to break through the key pressure position, the probability of turning downward again and looking for new support is very high, not to mention... the trend of the index failing to break through 2200 points on April 24, this worry is even stronger.
"It's a pity that the index still failed to break through 2200 points."
Amidst the strong mood of worry, many retail investors sighed at the stock trading forum at noon: "Looking at this trend, the market is likely to plunge in the afternoon?"
"I also feel that the trend in the afternoon is not optimistic."
"As the saying goes, if it stays sideways for a long time, it will fall. The index will not stay sideways for too long at this position."
"Why can't it get through the pressure of 2200 points?"
"It's not so easy to get through the top of the large box shock that has lasted for several months? However, the market is obviously still relatively strong today. Even if it still fails to get through 2200 points in the afternoon, it is estimated that it will not return to the position at the beginning of the session. The risk is not great."
"Hey, it's just less than 10 points away."
"The main reason is that there is no main force Funds take the lead. If there is a strong pull of the main funds, this morning... maybe the index can pass. "
"Who will pull? Which field?"
"Naturally, it is the fields of "infrastructure" and "state-owned enterprise reform". In the entire market, only these two fields have extremely strong popularity and money-making effects."
"When the index breaks through the barrier, you can pull any main line, just don't pull the financial line anymore."
"Indeed, it is not a good signal when the big financial moves."
"But this morning, the index has been going up all the way, which was originally driven by the two core main lines of "infrastructure" and "state-owned enterprise reform". Now... these two main lines are at intraday highs. If it breaks through 2200 points and pulls these two main lines, I am afraid that there will not be many funds that dare to chase at high positions!"
"As long as there is a money-making effect, how can it be? How can there be no funds following the trend? "
"Except for the two main themes of "infrastructure" and "state-owned enterprise reform", other main themes can't drive popularity at all."
"It's difficult! With the lessons learned on the 24th, now as long as the index reaches above the 2190 point mark, all kinds of big funds will start to rush to reduce their positions."
"Hey, I feel that as soon as the index reaches above 2190 points, the intraday trend begins to increase."
"These big funds are too stupid, right?"
"They are all guys without a pattern. Hey... If the index can't go up to 2200 points, then this box-shaped oscillation pattern will probably continue!"
"If the box continues, the index will have to go back to the 2000 point position. "
"It shouldn't go back, right? "Infrastructure" and "state-owned enterprise reform" These two main lines are so strong that they will definitely bring the index over and break through the 2200 point mark. "
"Unless there is a major positive news in the market..."
"Unfortunately, on the macro level at noon, whether it is from the regulatory level or the external news, it is all calm, without any positive information."
"Well, it seems that I can only reduce some positions in the afternoon."
"Yes, I must not ride a roller coaster like on the 24th."
"What about Mr. Su? Mr. Su bought so many positions in the market. At this time... won't he help?"
"The market is so large that Mr. Su alone can't handle it, right? In general, the breakthrough of the index still depends on the joint force of the market."
"However, from the trend in the morning, it is obvious that the main funds of all parties in the market have not formed a joint force."
"However, today's market sentiment is actually not bad, and today the Shenzhen Index and the ChiNext Index did not lag behind. The two core main lines of "mobile Internet" and "smartphone industry chain" have rebounded from oversold. In a sense, today is actually a good opportunity for the index to break through. ”
“However, even if there is a good opportunity, what can we do if there is no main force to dare to move up the market?”
“I don’t know what everyone is afraid of?”
“I am afraid that after the high-chasing relay, if other funds do not follow, the index will not be able to stand above 2200 points, and then it will be buried.”
“Also, the active funds in the market today are obviously weaker than in the past few days. After all, the May Day holiday is coming soon. There is still a lot of uncertainty during the holiday, so it is normal for everyone to have concerns.”
“Indeed, the May Day holiday is a disaster! Basically, the market is relatively sluggish before the holiday every year.”
“I think the external market should do well on May Day this year. After all, the US stock market has adjusted significantly before, and is now in a stage of rapid repair of the trend.”
“It’s useless if you think so. It will only be useful if everyone thinks so.”
“Yes, there must be a consistent expectation. ”
“Alas, the index rose sharply today, I should be happy, but it is stuck at this position... It is really uncomfortable. I can't sell it, but I feel anxious if I don't sell it. I always feel like I will be on a roller coaster again. ”
“I believe in Mr. Su. I will never sell my stocks unless Mr. Su's seat appears on the Dragon and Tiger List.”
“I am not at ease, but I always feel that the index should still perform well today. After all, the rise of a number of concept stocks today is really fierce.”
"Whoever can block the two major Chinese military votes of MCC and China Railway, I think there will be hope for a breakthrough."
"Looking at the volume performance of the market this morning, it is unrealistic to block these two big checks at the intraday high, right? According to the circulation situation of these two checks and the current situation that they have increased by more than 30%, if you want to It would take at least hundreds of millions of dollars to seal these two checks.”
"It can only be done by the joint efforts of the institutions, or by the full efforts of Mr. Su, Leader Zhang, and the chief rudder and all the top hot money players."
"There is little hope that China Metallurgical Corporation and China Railway will reach the high limit today! These two checks in the afternoon are likely to fluctuate at high levels and gradually fall back."
"I just hope that today there will be no major funds and brainlessness to promote securities."
"It's definitely not going to happen, right? If we try to sell securities again, everyone will run away."
"What if the national team takes action? The national team likes the 'big financial' stocks the most. Every time it takes action to protect the market, it is also big financial."
"Hey... look, it's profitable!"
At around 12:25 noon, during a heated discussion among the retail investor group...
Market regulators, as well as internal leaks from Huajin and Huijin, indicate that the country is studying and promoting the relevant details of "pension funds entering the market". Through a series of news, the macro investment plan for "pension funds entering the market" can be deduced and moving forward. Taking a step forward, we are getting closer and closer to actually entering the market.
“It’s the news about ‘pension funds entering the market’ again, isn’t there anything new?”
After reading the important good news released by the market at noon, the retail investors discussed did not have much emotional fluctuations in their hearts.
“We have been calling for ‘pension funds to enter the market’ for two or three years, right? As a result, we still haven’t seen a single ghost, and now... it’s coming again? Is this really not a good thing to release?”
"It's all empty talk and no real actions."
"Do you think the regulators can start a bull market by saying 'pension funds enter the market'? Can they help the Shanghai Stock Exchange Index break through the 2,200-point barrier and open up room for upward growth? Dream on!"
"It's now, without real money invested, it's really hard for everyone to believe it."
"Hey, although the good news is a little less than expected, it's better than nothing, right? Let's see how the market reacts to this good news in the afternoon."
"How do you react? I guess there is no reaction?"
"I don't think the market will react much if we repeat the same old tune."
As everyone continued to discuss heatedly, in the internal fund trading room of Yuhang Investment Company, Su Yu sat in front of the computer, browsing a series of market news announced at noon, and smiled softly: "Although it is the same old tune, But it’s better than not releasing any news at all. Fortunately... the index finally has a reason for an upward breakthrough in the afternoon.”
"This news... is of no use, right?" Li Meng replied after browsing the good news about 'pension funds entering the market', "According to the information disclosed in the news, pension funds can really be invested in the secondary market and increase the market's The amount of funds is probably still at least a year away from being possible, and water from afar cannot quench the thirst for nearness. "
Su Yu smiled and said: "As long as you have this expectation and attitude, the rest... is not important."
All he needs is an emotional boost, an expectation and an excuse for big funds to follow up smoothly when the index breaks through.
As for how much money ‘pension funds entering the market’ can really bring and how much off-market funds can be attracted into the market.
At the moment, it's not something he considers at all.
In other words, at this juncture, he only needs an excuse to pull the trigger, and the timely news of "pension funds entering the market" is the expected excuse to support his pull.
"Then everyone must agree with this logic. After we take the lead, everyone can form a joint force under this expected logic!" Although Li Meng knew that what Su Yu said was reasonable, he still couldn't help but worry, "Look at the market at noon. Comments, long and short sentiments are still intertwined, regardless of top or bottom.”
Su Yu responded: "As long as we withstand the first wave of selling, other funds will follow!"
"Yes!" Li Meng nodded. Seeing that Su Yu had made up his mind, he said no more.
Immediately afterwards, time was bombarded with various information in the market, amidst the heated discussions among the vast retail investor groups, and in the process of countless investment institutions, financial media, and financial influencers still brainlessly singing bullish statements, it quickly reached 1 p.m. At o'clock, the two cities once again ushered in the official trading time.
I saw the impact of news and the brewing of emotions after noon.
When the stock prices of countless stocks began to jump, many investors, stimulated by the news of "pension funds entering the market," couldn't wait to buy. As a result, many popular stocks, as well as the Shanghai Stock Exchange, Shenzhen Stock Exchange Index, and the ChiNext Index, all major indexes, fell in one or two seconds. Within minutes, it quickly jumped up.
But this short-lived stimulus failed to stabilize the index.
A minute or two later, starting from 1:03, several major indexes began to slowly fluctuate and fall again.
At 1:09, in just five or six minutes, the short-term increase stimulated by the news of "pension funds entering the market" was completely swallowed up by the drop in the index, and the two cities returned to calm again.
Immediately afterwards...
1:10, 1:15, 1:20, 1:30.
For half an hour after the market opened, the market indexes and the major conceptual lines that performed well in the morning lost their vitality and completely showed a shrinking and oscillating trend. The main funds in the market changed from the morning situation and showed no attack. desire, and a large number of active retail investors have also become quite hesitant.
It seems that the good news at noon was not as expected, and the index was too close to 2200 points, and the uncertainty increased greatly.
All investor groups in the entire market seemed quite cautious at this critical juncture when the funds were generally retreating before the holiday, and were unwilling to chase high prices.
"This wait-and-see mood is too strong. The intraday volume has shrunk to half of that in the morning."
Facing the drowsy market trends of the two markets, at 1:36, in the Shenzhen Stock Exchange, Xinniu Fund Company, in the trading room, the trading team leader Mou Zhengxing almost yawned, looking at the fund manager Fang Xinsheng who was standing aside and still concentrating on the market and individual stock trends of the two markets, and said: "Manager, the market trend today should be like this, right? It is estimated that the market will still fluctuate before the holiday, and there is no desire for a breakthrough."
"The market wait-and-see mood is indeed very strong!" Fang Xinsheng did not answer directly, Instead, he stared at the two markets and continued to ponder, "The forces of long and short are quite balanced. At this time... the market is just missing a 'match' to break the balance, and this 'match'..."
He was about to say, 'This match will most likely be struck by the bulls first', but he didn't expect that at this time...
The two markets, which had been extremely shrinking and lifeless, suddenly changed. On the main line core stocks of the two markets, China Metallurgical and China Iron and Steel, which were highly concerned, continuous large-scale buying orders suddenly emerged, and this buying order bombarded the market at no cost, pushing the stock prices of the two stocks up straight.
At 1:38, it was only one minute away from the abnormal movement of the two stocks.
The strong continuous buying orders pulled the stock prices of the two stocks straight up to the intraday high before the shock decline, returning to a 7% increase.
At 1:39, the buying orders on the two stocks continued to buy on a large scale.
At 1:40, the two stocks rose by more than 8%, setting a new intraday high and a new high for this round of rebound, with a large explosion in trading volume.
At 1:41, the two stocks rose by more than 9%, about to hit the daily limit.
"Oh my god, why is it so fierce all of a sudden? It won't be closed, right?" Seeing the explosive rise of China Metallurgical and China Railway, Mou Zhengxing, who had been stunned for a few minutes, had his eyelids twitched, and hurriedly turned his head to Fang Xinsheng, "Manager, this is... a lure for more, right? Should we sell some chips at a high price?"
Fang Xinsheng stared at the trend of the two core popular stocks of China Metallurgical and China Railway, and was silent for more than ten seconds before he gave an order in a deep voice: "Buy, put all our remaining available funds into the target stock's market, full warehouse, full warehouse... Today the index will definitely break through 2200 points!"
"Full warehouse?" Mou Zhengxing was startled and asked subconsciously.
"Yes, full position!" Fang Xinsheng emphasized, "The long-short balance in the market has been broken. China Metallurgical and China Railway have reached this level and will inevitably close. With the sentiment driven and bandwagon effect of these two popular core stocks, all kinds of funds waiting and watching will definitely gather and move."
"Buy in, buy in..."
Fang Xinsheng said anxiously: "This fire has finally been lit!"
Following Fang Xinsheng's instructions, although Mou Zhengxing was shocked in his heart, he still followed the instructions and quickly ordered the traders to buy in as required, and put the available funds of the fund into the target stocks of the two main lines of "infrastructure" and "state-owned enterprise reform" in the two cities at the fastest speed.
At the same moment, in Yuhang, Yuhang Investment Company, in the internal trading room.
Su Yu also issued the same instructions.
"Close the board!" Su Yu's eyes flashed with a sharp light, "Forcefully close China Railway and China Metallurgical, no matter how many sell orders there are on the daily limit, eat them all."
"Okay!" Li Meng nodded quickly, "Our two main funds have a total of more than 1 billion available funds, which should be enough to forcefully close these two stocks."
The previous wave of hard pull-ups was their work.
However, both of them knew that the amount of funds required to close the board would probably be much larger than the previous wave of pull-ups.
And as Su Yu's trading order of "Forcefully Close China Railway and China Metallurgical" was issued.
The next moment, at 1:43, a series of tens of thousands of large orders, like a surging tide, poured down on the board of "China Railway and China Metallurgical".
Then, in just an instant, with hundreds of millions of funds, they bought frantically.
All orders above the two core stocks were quickly cleared, and the stock price went from around 9% to the daily limit.
Then, at 1:44.
Hundreds of thousands of orders on the two stocks directly blocked the buying path and the daily limit.
"Fuck, it's closed!"
At the moment when China Railway and China Metallurgical both closed, countless exclamations rang out throughout the market.
"Within a few minutes, at least a billion-level amount of funds were bought in, right? It's so damn strong, this trend... is simply explosive!"
"Look, China Construction, China Communications Construction, China University of Science and Technology, China Baosteel, Wuhan Iron and Steel, Gemdale Group, Poly Real Estate and other core blue-chip stocks in the "infrastructure" field have all moved abnormally and have risen straight up!"
"Fuck, fuck, the main line of "infrastructure" is going crazy!"
"The construction materials, building decoration, steel, and real estate industry sector indexes are also rising straight up, so strong, the whole market feels like it's exploding."
"The Shanghai Composite Index broke through 2195 points!"
"The Shanghai Composite Index is rising so fast, and it has risen by 2.5% in an instant."
"It's heading straight for 2200 points. Is the 'infrastructure' line going to rise collectively today?"
"No matter what, no matter what, chase it!"
"China Railway and China Metallurgical Group can both rise to the daily limit. Today is definitely a breakthrough. Buy, buy...go all in."
"Is the bull market coming? Such a strong market trend!"
"Fuck, did I sell the wrong stocks again in the afternoon? Damn, I really died before dawn again. Hey...do you want to catch up? Do you want to catch up?"
"The Shanghai Composite Index is at 2197 points, and it's still 0.2% away from a rise."
"It's crazy. The entire concept sector of 'Internet finance' is also It's a collective surge. Oh my god... all the hot concept stocks today have gone straight to the daily limit. "
"2200 points, 2200 points!"
"The Shanghai Composite Index has returned to 2200 points!"
The two core leading stocks of China Railway and China Metallurgical Group both hit the daily limit. Driven by the surging emotions, the main concepts of "infrastructure", "state-owned enterprise reform" and "Internet finance" have all risen rapidly. Under the attack of the full-scale explosion, at 1:52, the Shanghai Composite Index reached a 2.56% increase, and finally broke through the pressure level of 2200 points again, refreshing the intraday high to 2201.13 points.
Then, in the spotlight.
Amid the exclamation, excitement and excitement of many groups of market institutions, hot money and retail investors, all sectors of the market ushered in the moment of riot, and countless hesitant funds entered the market to grab chips.
And with the further promotion of these funds...
At 1:53, the Shanghai Composite Index continued to move northward, setting a new high of 2205.56 points.
At 1:55, consumption, medicine, and finance started to gain momentum, and the market diverged comprehensively. The Shanghai Composite Index continued to set a new high of 2211.73 points, with an increase of 3%.
At 2:01, the Shanghai Composite Index continued to rise to 2215.37 points, with an increase of 3.25%.
And at this moment, the two core sectors of "infrastructure", building decoration and building materials, rose by nearly 6%, and more than 10 stocks within the sector had reached the daily limit.
At 2:10, the Shanghai Composite Index further set a new high of 2220 points, with an increase of more than 3.5%.
So far, all industry sectors and concept sectors in the two cities have all been in the red, and nearly 2,000 stocks, except for suspended stocks, have achieved a red market increase of more than 90%.
Among them, the two core main line areas of "infrastructure" and "state-owned enterprise reform"
Including the two large-cap blue-chip stocks of ‘China Railway and China Metallurgical’, a total of 21 stocks have hit the daily limit, and the profit effect is explosive.
At 2:30, the trading volume of the two markets suddenly increased to 85 billion.
Among them, from 1:30 to 2:30, the trading volume was close to 35 billion, showing a large increase in volume, and various funds were frantically following and chasing.
"Breakthrough, finally breakthrough!"
Seeing the index break through all the way to 2223.89 points, and then slowly stop, in the Magic City, Zexi Investment, in the fund trading room, Zhou Kan stared at the two markets, smiling, and was extremely excited: "Boss, it's wonderful, today's breakthrough trend is really wonderful."
"It's really wonderful!" Xu Xiang nodded slightly, took a look at the fund account's huge profit, and said with a smile, "The two checks of China Metallurgical and China Railway should be the first in the breakthrough of the market today. I just don't know who is the main force that attacked these two checks and broke the market's long and short balance at 1:38."
This afternoon, the market can break through so perfectly.
He believes that the main force that dares to use more than 1 billion funds to pull up the market strongly and finally close the board of China Metallurgical and China Railway is the soul of the real driving force of the market!
The other party's courage, confidence, and grasp of the timing of the market make him feel ashamed!