Chapter 675: Market Turnover Has Made Great Strides Forward!
Finally, when 11:30 arrives, the two cities usher in the midday closing time.
The Shanghai Stock Exchange Index even closed higher at a gain of 1.35%, once again setting a new high for the year. At the same time, the Shenzhen Stock Exchange Index and the ChiNext Index also continued to fluctuate and rise, each rising by more than 0.75%. As for the A50 Index, it rose by nearly 2 points. point, the strong short squeeze situation remains unabated.
In addition to the index, there are also a number of popular main line performances in the two cities.
The main line of 'big finance', including securities, insurance, banking, and Internet finance, and several major related weighted sector indexes, all closed higher than 1.5%. In particular, the securities sector and the Internet financial sector closed higher by more than 3.5%, a sharp increase. It led the market and outperformed the two city indexes by a large margin.
The main line area of ‘technological growth’.
The 'Film and Television Media' sector continued to fluctuate and changed hands, closing up 1.17%.
The core concept sectors of ‘Internet software’, ‘Internet applications’ and ‘smartphone industry chain’ followed the GEM Index and the Shenzhen Stock Exchange Index, and their closing gains were basically the same as the Shenzhen Stock Exchange Index and the GEM Index.
In the main areas of 'infrastructure' and 'military industry', as well as in the main areas of core concepts such as 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central and State-owned Enterprises', the trends have a clear differentiation effect.
The 'Military Industry' sector suffered a heavy setback, with the sector index closing down sharply by nearly 1 point. Among them, 'Blue Stone Heavy Equipment' maintained its limit-down trend, and core concept stocks such as Hongdu Aviation, Aviation Power, Aerospace Development, and China Airlines Heavy Machinery... It comprehensively underperformed the broader market index, either fluctuating at a flat position or declining slightly.
The three major industry sectors of "steel, cement, and real estate" in the "big infrastructure" field have also suffered heavy losses, and their trends are basically consistent with the "military industry" sector.
Among them, the check of 'Fushun Special Steel' fell by more than 5%, and 'Beijiang Communications Construction' fell by nearly 7%.
Other related sectors, although weaker than the performance of the two city indexes, still maintained a red closing status at this time of midday closing.
‘Big consumption’, ‘non-ferrous cycle’, ‘petrochemical industry’, ‘pharmaceutical business’, ‘power equipment’… and other non-core main areas.
Its trend is basically similar to that of the broader market, with no obvious changes.
Of course, in addition to these main areas, there are also hot concepts that have been demonstrated in the early stage...such as the 'sub-new stocks' sector and the 'sports industry development' sector.
Affected by the limit drop of ‘Bluestone Heavy Equipment’ and the sharp drop in the check of ‘Leiman Optoelectronics’.
The trend is also very bad.
The ‘Sub-New Stocks’ sector index fell by 0.63% in half a day, and the ‘Sports Industry Development’ sector index fell by nearly 1%. They are both popular concept sectors leading the decline in both cities.
However, although the index performance of the ‘sub-new stocks’ sector was not very good.
However, the recent listing of new stocks and their performance have clearly exceeded expectations.
In particular, the newly listed stock "Huake Shuguang" has now exceeded its 10th daily limit, and there is no sign of heavy volume opening.
In addition to these main areas and conceptual hotspots that have attracted high market attention.
Even fringe hot spots that have received very little attention, such as the ST sector and the restructuring and backdoor sector, seem to have a tendency to rebound from the bottom.
In short, although the market patterns of the two cities are still divergent, the consistency of the bulls is not very strong.
However, the overall money-making effect of the market, the overall bullish sentiment, and the investment risk preference of the majority of investor groups... still remain in a relatively positive situation.
And facing this midday closing trend...
The broad investor group inside and outside the market still has a very radical view of the market.
"Sure enough, we still can't just look at the opening performance. Unconsciously... the Shanghai Stock Exchange Index actually reached a new high."
There are people who are constantly lamenting in the discussion area of the trading platform, as well as in the vast group of retail investors gathered on major stock discussion platforms.
"Any form of shock cannot stop the bulls."
"Looking at the opening performance in the morning, I thought the market was definitely going to fall today. Unexpectedly... it was suddenly pulled up by the 'Big Finance' line."
"I have to say that the line of 'big finance' is simply divine."
"The main line of 'big finance', especially the securities sector and the Internet financial sector index, has been successful for nine consecutive years, right? It's really awesome!"
"This short squeeze situation is really awesome."
"It feels like all the main funds and active funds in the market are surging in the direction of 'big finance'. Can the main line of 'big finance' not rise?"
"The key is that this trend pattern and the upward slope are too steep."
“Such a steep upward slope fully illustrates the crazy pursuit of the ‘big finance’ line by the major financial groups in the market!”
"It also shows that this is indeed a bull market!"
"No one doubts that this is not a bull market, but the core line of 'big finance', oh grandmaster, can the upward slope be so steep, can it last long?"
"Whether it can last for a long time depends on the recognition of this main line by the financial groups in the market."
"Whether it lasts or not, the current main trend of 'big finance' is definitely not over."
"It's over? How is it possible? The bull market has just begun!"
"However, the 'big finance' line has indeed absorbed too much money from the market. This morning, the total transaction volume of the two cities was around 368 billion, and the core main line of 'big finance' alone has a turnover of nearly 100 billion. Accounted for one-fourth of the market turnover.”
"Especially in the securities sector, the half-day turnover reached about 40 billion, which is really scary."
"The market is already under great pressure in this range, so having volume should be a good thing, right?"
"The key is whether this volume can be expressed and can it be sustained? If it cannot be sustained, then when the volume is increased significantly, not only is it not a buying point, but it becomes a short-term selling point."
"Looking at the overall transaction volume of the two cities today, it is obvious that after the market closes in the afternoon, the overall market transaction volume will most likely reach a new high. I feel that since the overall transaction volume of the two cities has not yet reached its peak, then as the core main line of the market, the most The trading volume of the core popular sectors and the securities sector has obviously not reached its peak, and we can still continue to buy.”
"I also think that the best way to invest in trading is to follow the trend. Since the upward trend of the securities sector is already so obvious, why not continue to follow it? Compared with following the trend, the so-called guessing the top and bottom , it seems that the transaction risk is... obviously greater, right?"
"That's right, 'the strong will always be strong' is talking about the trend in trading."
"I don't think it's necessary to analyze so much or be so complicated. Anyway, at the current stage, the core and main positions of Mr. Su's 'Yu Hang Department' funds must have been transferred to the main line of 'big finance' on a large scale. Following When Mr. Su makes a market decision, you can’t go wrong by buying the stocks that Mr. Su clearly holds.”
"Well, indeed, Mr. Su is still the only undefeated beacon in the market."
"Looking at the large-scale and high-level purchases of the 'Big Finance' main line stocks by institutions yesterday, we know that the 'Big Finance' line will obviously continue to rise. Moreover, institutions are not hot money. They generally operate in a relatively long time period. , I think there is no big risk in the main line of 'big finance', especially the core stocks of the strongest securities and Internet financial sectors, for one or two months."
"Based on the main lines of 'infrastructure' and 'military industry' in the early stage, we also know the market situation of the main line of 'big finance'. This is just the beginning, let alone the end. It is estimated that it is not even halfway up the mountain. At most, it is similar to the 'big infrastructure' 'The main line is the continuous short squeeze from early April to early May in the first half of the year."
"As long as the 'bull market' expectations are strong, the securities sector can at least double. Now...it is obvious that although it has risen a lot in the short term, in the long term, it is definitely still at the bottom."
"Yes, if the 'bull market' is a mountain, we may not even have reached the bottom of the mountain yet."
"At this time, whoever is willing to sell can sell. Anyway, I will not sell. Not only will I not sell, but when I raise the money, I will continue to buy."
"The trends of the index and the core main line are still at new highs, and they are definitely not at the top."
"Actually, the position chasing operation at this stage is the safest."
“Although the funds chasing positions yesterday lost money in early trading, looking at the closing results at noon, aren’t these funds... still making money?”
"A market that continues to rise cannot trap people at all."
"Yes, even apart from the main line of 'big finance', the money-making effect in other main areas is not bad."
"Well, as long as we temporarily avoid the two main lines of 'infrastructure' and 'military industry' that are undergoing adjustment, as well as the two hot concept themes of 'sub-new stocks' and 'sports industry development' that continue to be speculated in the past, buy other Stocks, no matter what the main field, can basically make money.”
"Furthermore, I feel that if the trend of 'big finance' is exhausted, the funds coming out of the main line of 'big finance' will continue to pull up other main lines. Maybe the money-making effect of the market will not be reduced. On the contrary, there will be further enhancements.”
"In fact, no matter what main line the market takes as the core breakthrough direction, I don't think the problem is big."
"Yes, the main line market will always rotate."
"There is no need to adjust the main line of 'big finance'. Nowadays, the profit taking from the main line of 'big finance', or the overflow of active funds, are not core high-quality stocks that continue to fall at many low levels?"
"I think at this time, we don't need to focus too much on the index. Careful research and analysis of individual stocks to find high-quality stocks with excellent fundamentals and strong expectations is the right path. As long as the 'bull market' pattern continues, I think the ' High-quality stocks will always be subject to capital speculation. "
"It's true that 'the strong will always be strong' is not limited to the main line sectors, and the same is true for individual stocks."
"Aren't stocks with excellent fundamentals and strong future expectations a group of core stocks in the main line of 'technology growth'? I think the stocks of the 'Apple concept' or the 'smartphone industry chain' have a lot to do with smartphones. With the prospect of a full-scale outbreak, there is still a bright future.”
"The future prospects of these stocks are indeed very good, but if we want to be certain, we still have to keep up with the performance, right?"
"Well, indeed, the performance of stocks in the 'smartphone industry chain' in the first half of this year was generally poor, which led to the main market funds not having high expectations for the subsequent performance growth of this field. This is why funds have not been concentrated on stocks in this field. But I think this can all be changed.”
"Not only are there high-quality stocks in the main field of 'technological growth', but also in the fields of 'mass consumption' and 'non-ferrous metal cycle'. For example, the dynamic PE of 'Qianzhou Moutai' has fallen to 10 times, which is definitely a huge potential. There are also high-quality stocks such as Haier, Gree, and Midea in the field of white goods..."
"With the height of the 'Lanshi Heavy Equipment' check, we can still look forward to the market of 'secondary new stocks'. I think the market valuation system for new stocks needs to be improved."
"'Petrochemical', 'Electric Power' 'The future prospects of the field are also very good. When the economy recovers, aren't electricity and oil the first to rise? "
"In fact, as long as the foundation and expectations of the 'bull market' are there, the whole market is full of opportunities."
"Hehe, to be precise, as long as the market volume is still climbing, and there are a large number of incremental funds continuing to enter the market, the high-quality stocks in the entire market will rise sooner or later. The entire 'bull market' brings not the market of one or two stocks, but the stock valuation of the entire market. "
"Yes, yes, this is called a big picture..."
In the intense and continuous exchanges among many retail groups.
The market trading time has unknowingly passed the one and a half hours of lunch break.
Under everyone's attention and the eager attention of countless investors, 1 o'clock in the afternoon arrived. After a short break, the two markets ushered in a continuous bidding trading period.
As time passed, the two markets just began to jump.
After the whole afternoon mood brewing, the bullish force was strengthened again. Countless active buying funds quickly entered the market to grab stocks, pushing up major indexes, core mainline industry sectors, concept sectors, and a number of popular stock markets.
And in the continued aggressive squeeze and surge of the ‘big finance’ mainline.
Many active fund groups in the market who are afraid of heights and risks, as well as short-term profit-taking funds flowing out of the ‘big finance’ mainline field, began to flow to low-level high-quality core stocks in other mainline fields, such as ‘Haier Electric, Gree Electric, Midea Electric, Qianzhou Moutai, Wuliangye, Luzhou Laojiao, Yangtze Power...’ and other old market weight high-quality blue-chip stocks, as well as ‘LeTV, Netspeed Technology, Inspur Information, Light Media, Lixun Precision, Goertek, Oufei Technology...’ and other blue-chip growth stocks in the emerging industry field.
And as these high-quality weight stocks and growth stocks ushered in concentrated buying funds.
The overall market trend has become more and more exciting.
At 1:30, the Shanghai Composite Index rose by 1.77% during the day, continuing to set new intraday and annual highs.
At 2:02, the core indexes of the two cities, the Shanghai Composite Index, the Shenzhen Composite Index, and the ChiNext Index, all rose by more than 1.2%, completely sweeping away the shadow of the adjustment trend of yesterday's market's highs and falls, and continued to stimulate market investment sentiment and investment confidence, impacting extremely high areas.
At 2:30, about 2,000 stocks involved in trading in the two cities once again reached a situation where 85% of the stocks were in the red.
At 2:40, the turnover of the two cities has hit the 600 billion mark.
At 2:50, in the main line of "big finance", the two core sector indexes of the securities sector and the Internet finance sector, the increase once again broke through the 4% mark, and the corresponding core hot concept stocks and leading stocks in the two sectors once again set off a daily limit, and the strong trend pattern attracted the attention of the entire market's investor group and many main capital institutions.
Finally, when 3 o'clock in the afternoon came, the market closed.
The Shanghai Stock Exchange Index rose by 1.89%, and the A50 Index rose by more than 2.5% again.
In addition to the index...
What attracted everyone's attention was the check of "Huaxin Securities", which once again exceeded the intraday turnover of 10 billion, reaching a turnover of 10.839 billion.
Of course, the overall turnover of the two cities also shocked the vast number of investors in the market.
As the index once again set a new annual high, the market turnover also set a new high for this year, continuing to soar to 664.298 billion, and began to stride towards the 700 billion mark.