Cherreads

Chapter 173 - Chapter 173: Formidable Holding Power!

At 9:43 AM, Chuansheng Jiuzhou followed suit and hit the daily limit, as the SOE Reform main theme concept was heavily speculated by various active capital groups.

At 9:51 AM, Meiyan Jixiang exploded with a trading volume of 1.3 billion, locking at the daily limit.

At 10:07 AM, Duofuduo violently followed the rise, with its stock price hitting a new rebound high since the National Day.

At the same time, the lithium battery concept sector surged, and corresponding core concept stocks rapidly soared.

At 10:21 AM, Yishang Zhanshi, a recently popular leading stock with both newly listed stocks and virtual reality concepts, also continued its consecutive daily limit trend, leading the newly listed stocks and virtual reality concept sectors to collectively break upward, further unleashing the market's bullish sentiment.

As market trading hours continued to advance...

Driven by the profit-making effect generated by Teli A, the short-term speculation sentiment across the entire market gradually peaked.

Under the influence of this increasingly heated speculation sentiment, whether it was heavyweight main lines like Big Finance and Big Infrastructure, or main theme concepts like SOE Reform, China Securities Finance holdings, newly listed stocks, backdoor listing and restructuring, and Industry 4.0, the corresponding stocks that followed suit and hit the daily limit were also increasing.

"The short-term speculation sentiment across the entire market is still surging forward triumphantly. The profit-making effect generated by Teli A has an extraordinary impact on the overall market's bullish sentiment!"

Witnessing all the SME and ChiNext concept stocks in the entire market rapidly breaking upwards, and the enthusiasm of various active short-term capital groups chasing at high levels continuously rising, at this moment, in the internal group of the Yuhang Faction's main speculative capital, Zhao Qiang couldn't help but exclaim:

"Looking at this situation, the market is expected to recover losses from stock market crash 2.0, and the rebound trend after National Day can continue."

"There have been two consecutive stock market crashes before, the market should have a decent rebound."

"'Teli A' is truly strong; the two stock market crashes not only had no impact on this stock but instead allowed it to reach a new historical high."

"Honestly, I didn't expect this stock to have a third wave of speculation."

"Even the regulatory 'black room' couldn't kill it, it's incredibly strong, almost absurd."

"The key is at this position, it can still hit the daily limit with shrinking volume, and the chip structure within the market could still be locked so well, which is completely unexpected."

"The SOE Reform main theme concept truly lives up to its name as the market's core theme, with monster stocks frequently emerging."

"Today, Meiyan Jixiang has also started to rise. I feel that as long as Teli A, this core leader of market sentiment, doesn't die, Meiyan Jixiang can still have a second wave of gains!"

"It's not just Meiyan Jixiang; the trends of Chuansheng Jiuzhou and Yishang Zhanshi are also incredibly strong."

"As long as Teli A can continue to generate market profit-making effects, then the trends of other leading stocks in various concept sectors definitely won't be bad. So at this time... if you can't buy Teli A chips, trading other leading stocks that follow suit is perfectly fine."

"Has Teli A become the banner for bulls in both markets?"

"Yes, it is the bullish banner."

"The entire market's bullish sentiment has been kidnapped by Teli A."

At this moment, Sun Chengyu, who still held some Teli A chips, seeing the discussion in the group, also said,

"As long as the upward trend of Teli A doesn't stop, then this round of market rebound won't stop, and the speculation in SME and ChiNext concept stocks will naturally intensify."

"Brother Sun, you still have Teli A chips, right?"

Zhao Qiang asked.

Sun Chengyu replied,

"I still have some chips. At this position... it doesn't seem to have reached a clear selling point yet, there's no reason to sell for profit-taking!"

"The selling point for Teli A should be at tomorrow's fifth daily limit, right?"

Zhao Qiang said,

"Teli A has had shrinking volume for three consecutive days during its continuous upward breakout. If it doesn't increase its volume tomorrow when hitting the fifth daily limit, it might be difficult to continue breaking upwards."

Sun Chengyu said,

"The pressure at the fifth daily limit is definitely huge, but it doesn't mean there's no chance to break through the 5-daily-limit height constraint."

"If it can truly break through the five-daily-limit height space..."

Zhao Qiang said,

"then the height of Teli A's third round of speculation could at least double. As the saying goes, if there's three, there's five; if there's five, there's seven."

"I hope it can surpass the 5-daily-limit height space,"

Sun Chengyu said expectantly.

Although he didn't have many chips left in Teli A.

However, as long as Teli A can continue to create new speculative heights and profit-making effects, his positions in other low-lying follow-up stocks would also benefit, bringing him huge profits.

Similarly, Zhao Qiang, who held heavy positions in Chuansheng Jiuzhou.

Even though he didn't hold Teli A chips, he also strongly hoped that Teli A could achieve continuously better-than-expected heights.

After all, only when the overall leader reaches new speculative heights,

will other leading concept stocks that follow suit and surge have room for speculation and market profit-making effects.

In other words...

At this moment, for investors who are bullish in the market.

Whether they are investors with their main positions in heavyweight main-line stocks, or investors with their main positions in SME and ChiNext concept stocks, whether they hold Teli A chips or do not hold Teli A chips.

All hope that this overall concept leader can continue to surge, leading the market to rebound further.

And as countless follow-up stocks hit the daily limit one after another, continuing to fuel market bullish sentiment and further driving active short-term capital groups to follow suit and take over at high levels.

As market trading hours continued to advance.

And as countless market investors engaged in increasingly intense and heated discussions.

Whether it was the three major core indices of both markets or leading stocks in various popular concept sectors, all showed a sustained upward and surging breakout trend.

Even amidst such a red-hot bullish market.

At 2 PM, with the securities sector exploding again.

The major indices of both markets, and their corresponding heavyweight constituent stocks, as well as leading concept stocks, all formed a unilateral surge pattern.

Finally, when 3 PM arrived and both markets closed.

The SSE Composite Index, SZSE Component Index, and ChiNext Index once again closed with a large bullish candlestick and continued to set new rebound highs since National Day.

Among them, especially the ChiNext and SME Board markets, where various short-term capital groups were active, the two major indices surged by about 3% respectively, achieving a feat of nearly 10% rebound in five trading days.

Facing the widespread surge across both markets at closing.

All investor groups participating in market trading were extremely excited and happy.

Of course, among these excited and happy investor groups, the most excited were still the investors holding positions in Teli A, Chuansheng Jiuzhou, Yishang Zhanshi... these core consecutive daily limit leading stocks.

"Haha, Teli A truly lives up to its name as a monster stock. It's had four consecutive daily limits at a high level. Today, I earned nearly 400,000 in profit again."

After the market closed, in Su Yi's university classmate group, Zhao Xinqiang, who followed Su Yi in buying Teli A chips and made a huge profit, couldn't help but boast.

"Teli A can no longer be called a monster stock; it should be called a 'Monster King'."

"The trend of Teli A is truly admirable. Indeed... for such a 'Monster King' leader, the sky is the limit for its stock price!"

"Damn, I watched Teli A rise all the way and never dared to get in."

"What's that saying? 'Those who fear highs are destined for misfortune'."

"Our classmate Su isn't afraid with a hundred or two hundred million in funds in it, I don't know what you guys are afraid of?"

Zhao Xinqiang said,

"As long as the leading nature of this stock doesn't change, this stock is the most elastic in terms of price in the current market, and also the safest stock if the broader market suddenly drops sharply."

"That's true..."

Zhou Jiahao said,

"Teli A is like an unkillable cockroach. After every stock market crash, its stock price can hit a new high, it's incredible... it truly lives up to its 'Monster King' name."

"Damn it, I hesitated last week and didn't dare to go all-in. It's a bit regrettable,"

Liang Xu said.

"I tremble when investing 200,000, but Classmate Su starts with a hundred million in funds. I don't know how he overcomes such psychological pressure."

"Teli A has had shrinking volume for three consecutive days. With this trend, the accumulated profit-taking pressure in the market will become increasingly severe,"

Yang Liqing said,

"I feel that it should be very difficult for Teli A to surpass the 5-daily-limit height."

"Does that mean Teli A is at a selling point here, not a buying point?"

"I don't care if it's a selling point or a buying point..."

Zhao Xinqiang said,

"Anyway, I only believe one thing now: I haven't seen our brother Su's Fuxing Road, Financial Street seat appear on the sell list. So I'll continue to lock my position. I don't believe other funds can crash the market."

"Zhao Xinqiang, when did you become our classmate Su's die-hard fan?"

Shen Qingmei asked with a smile.

Zhao Xinqiang chuckled and replied,

"Hehe, whoever makes me money, I'm their die-hard fan. I'm... a man without principles."

"Teli A's upward trend should be coming to an end,"

Tu Hongyong mused to himself for a moment, then added,

"Actually, everyone can pay attention to the lithium battery concept sector. Compared to Teli A, I feel that the market trend of some leading stocks in this concept sector would be more reliable."

"Lithium battery sector? Hongyong... have you heard any good news?"

Liang Xu asked.

Tu Hongyong replied,

"What good news? I just feel that the fundamentals of this industry are reversing, and I heard that after the National Day, the domestic new energy vehicle market started to boom."

"I haven't heard that. Aren't new energy vehicles still just a pure concept?"

Zhou Jiahao questioned.

"Small household cars are definitely still in a purely conceptual stage,"

Tu Hongyong said,

"but large new energy vehicles, with policy support, are already in the mass production stage."

"Then shouldn't we be speculating on automotive sector stocks?"

Huang Liling asked.

"With policy support, companies selling complete vehicles have no profit at all,"

Tu Hongyong explained.

"Conversely... in the lithium battery industry, signs of supply-demand imbalance have already appeared. Especially after SQM and Albemarle's lithium carbonate production companies ceased operations, a supply-demand gap for lithium carbonate has emerged in the market. I believe that at this time, following the trend to speculate on Teli A is not as stable as investing in this direction."

"But currently, the direction you're talking about doesn't seem to have been fully recognized by market funds,"

Liang Xu said,

"Market trends don't lie. Under the current trend, I still think following the bullish trend of Teli A has a higher probability of making money. At least with the leader reaching this point, and so many short-term capital groups across the entire market focusing on it, it definitely won't suddenly crash, right?"

"Do you think our classmate Su reduced his position today?"

Zhou Jiahao asked with a smile.

"Probably took profits on some positions."

"If I were Su Yi, at this point, I would definitely quit while I'm ahead."

"I feel that Su Yi is most likely still in a locked position. In fact, Teli A's market performance today was very strong. Even if he were to take profits and reduce his position, it would be more appropriate tomorrow when hitting the fifth daily limit pressure."

"Su Yi must have made twenty to thirty million in profit this wave, right?"

"Damn, Su Yi is awesome! In just a few trading days, he earned another top-tier luxury mansion!"

"I'm so envious, truly so envious. When can I live in a luxury mansion and appear on the Dragon-Tiger List!"

"Probably next lifetime!"

Amidst everyone's teasing and discussions...

Unknowingly, the time had moved to 5 PM, and the Dragon-Tiger List for both markets was refreshed.

According to the disclosed Dragon-Tiger List data for both markets, on the highly anticipated buying and selling seats of Teli A, Yitian Road, Moutai Road, and Qingchun Road sold some chips, while Huzhou Laodong Road actively intervened, becoming the main buying force in the market today, collectively buying over 62 million chips.

As for the Foshan Faction and Fuxing Road, Financial Street, which had bought in as the main offensive force last Friday.

They maintained locked positions.

And just like the previous trading days.

In terms of Teli A's buying and selling data, it was still a net inflow of main funds, far exceeding the net outflow of main funds.

This indicates that the chip structure within the market was further concentrating in the hands of various active speculative funds.

"The Fuxing Road, Financial Street fund didn't sell a single share."

Seeing the Dragon-Tiger List buying and selling data disclosed for Teli A, Li Jinshi, one of the main funds within the Foshan Faction's main speculative capital group for this stock, said in surprise,

"I originally thought this fund would mostly take profits on some chips, but unexpectedly... this fund's holding power is so formidable."

(End of Chapter)

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