Su Yi's selling did not have any effect on 'Teli A''s limit-up trend.
Moreover, after he sold his chips.
In just two minutes, 'Teli A''s limit-up order queue on the market even increased instead of decreasing, rapidly rising to 120,000 lots, with the locked-up capital exceeding 600 million.
At this point, after this stock experienced intraday volatility of nearly 10 percentage points and an intraday turnover approaching 20%.
It finally completely locked the limit-up board.
It completed a market pattern transformation of opening with a one-word limit-up, then breaking the limit, pulling back, and resealing the limit.
And when 'Teli A' completely locked the limit-up board.
At 10:33 AM, the stock 'Chuansheng Jiuzhou', highly correlated with 'Teli A''s trend, also came under the combined offensive of various funds.
Its stock price surged in a straight line, touching the limit-up.
Subsequently, at 10:34 AM, 'Chuansheng Jiuzhou' completely locked the limit-up board.
Afterward, when both 'Teli A' and 'Chuansheng Jiuzhou' hit limit-up, the market's bullish sentiment began to further ferment.
At the same time, the main theme sectors related to the 'State-owned enterprise reform' concept, to which the two popular stocks belonged, as well as other related concept stocks, also successively received attention from various active main capital groups in the market, all strongly rebounded and advanced.
Of course, as the entire 'State-owned enterprise reform' concept theme line saw widespread abnormal surges.
Other concept theme lines, which were heavily speculated by various active main funds in the market and highly watched, as well as their related popular stocks and leading concept stocks.
Also followed the trend to rebound, hitting new market highs, or rather, new highs for this round of rebound.
With this short-term speculation sentiment rising again, and the short-term speculation space once again strongly opened up by 'Teli A'.
Whether it was the major indices of the two markets, or the main lines of various concept themes, or weighted main lines like 'Big Finance', 'Big Infrastructure', and 'Big Consumption', all saw a widespread rise.
At 11:13 AM, the Shanghai Composite Index reached a new market high, expanding its intraday gain to 1.5%.
At 11:26 AM, the 'Newly listed shares' concept theme sector once again saw a full-scale breakout, with its core leading stock 'Yishang Exhibition' achieving a five-day limit-up streak and leading the 'Newly listed shares' sector to a wave of limit-ups.
At 1:17 PM, after further fermentation of bullish sentiment during lunchtime.
The 'Lithium battery' concept theme sector was heavily attacked by main fund groups, with large buy orders of tens of thousands of lots frequently appearing on the market for the core stocks of this concept theme sector.
Among them, 'Duo Fu Duo', this core leading stock of the 'Lithium battery' concept theme sector.
Under the extremely strong bullish sentiment of the entire market.
Also once again hit a new rebound high, its stock price touching the limit-up and locking the limit-up board.
At 2:06 PM, the Shanghai Composite Index touched the 3450 point level, and at the same time, the ChiNext Index and SME Board Index surged by over 3% again.
However, after the bullish sentiment rapidly advanced.
After the Shanghai Composite Index crossed the 3450 point level.
The entire market began to encounter pressure from massive trapped selling orders above.
Leading to the closing stage after 2:00 PM, where both markets generally saw increased trading volume, with an increase in active selling, while the main buying power clearly began to fall behind.
Ultimately, under the suppression of trapped selling orders created by the previous two stock market crashes.
By 3:00 PM, the Shanghai Composite Index fell back to around a 1.5% gain, while the Shenzhen Component Index and ChiNext Index remained around a 2% gain.
As for the performance of the market's major concept theme lines apart from the indices.
Whether it was the 'State-owned enterprise reform' core concept theme line, which was highly watched and heavily speculated by various short-term market funds, or the 'Lithium battery' core main line, where institutions gathered, anticipating a reversal in industry fundamentals, and large funds collectively vied for chips, or the 'Newly listed shares' concept theme line, which remained active amid the market's IPO suspension, all saw a surge.
Among them, a host of popular leading stocks in these major concept theme areas.
Their market performance and closing gains.
Were far stronger than the market indices and their respective concept sector indices.
Especially several core popular stocks like 'Teli A', 'Chuansheng Jiuzhou', 'Tiancheng Zikong', 'Yishang Exhibition'..., which were highly watched by short-term market investors and attracted continuous speculation from first-tier active hot money in the market, all completed breakthroughs to new rebound highs and successively locked their limit-up boards.
"Truly incredible, the five-limit-up space was just broken through like that."
Seeing the results after the closing of the two markets, especially seeing 'Teli A''s rock-solid limit-up closing, during the post-market review stage, Zhang Wei of 'Weihai Rongcheng Road' in the internal group of 'Qilu Gang' main hot money funds, who had already lost chips on 'Teli A', exclaimed,
"If I had only known earlier it would be this trend, I should have bought this stock till death!"
"Who could have guessed this trend?"
Zhao Zhiyuan of 'Weihai Rongcheng Shidao' sighed helplessly,
"After being locked in the 'small black room' once, we are still timid and couldn't catch up with this stock's rally."
Although after 'Teli A' resumed trading, on the day it hit limit-up again, they got back quite a lot of chips.
However, afterward, they were washed out with not much profit.
This led to them not making much profit overall on the stock 'Teli A'.
"It's quite a surprise that 'Teli A' could reseal the limit-up with such a strong form today,"
said Liang Jiucheng, a core figure of 'Qilu Gang' from 'Jinan Lishan Road'.
"I was planning to rest for a while, but unexpectedly missed out on the market's best rebound trend entirely."
"Given 'Teli A''s market performance today, quite a lot of funds must have been washed out, right?"
Zhang Wei continued,
"This stock had continuously seen shrinking volume for three days before, and today it finally saw increased volume. Looking at this pattern and intraday turnover, the shakeout for this stock today was quite successful."
"A turnover of about 20% still doesn't feel sufficient!"
Zhao Zhiyuan said.
"That's about right,"
Liang Jiucheng replied.
"The main holders of 'Teli A' in the market, apart from the funds from 'Jinrongjie Fuxing Road', don't have particularly large positions. Most participants' positions are not heavy. Even for the funds from 'Jinrongjie Fuxing Road', considering their total capital, their total position in 'Teli A' should be relatively small.
There isn't one dominant fund. So, whether it's suppressing the market or sealing the limit-up, the consistency won't be that strong. For this stock to have a 20% turnover today, the exchange of chips is already quite sufficient."
"Which funds left, I wonder?"
Zhang Wei said,
"If 'Teli A' sees shrinking volume again tomorrow, it should be a buy, right?"
"Let's check today's Dragon-Tiger List data first,"
Zhao Zhiyuan said,
"If the funds from 'Jinrongjie Fuxing Road' haven't left, this stock can still continue to be manipulated."
Zhang Wei said,
"I feel these funds most likely haven't left, otherwise... the turnover for this stock today shouldn't have been only 20%."
"Now that this stock has risen to this extent, whether the funds from 'Jinrongjie Fuxing Road' have left or not is actually no longer that important,"
Liang Jiucheng said.
"What is leading the trend of this stock is fundamentally not any single main fund, but the overall market's bullish sentiment and the combined efforts of the massive retail investors taking over the market and various active main funds."
"But if the funds from 'Jinrongjie Fuxing Road' haven't left..."
Zhang Wei said,
"it can, after all, provide some reassurance to the retail investors who follow the trend and take over, and also make the internal chip structure of this stock relatively more stable. At least with these funds continuing to hold, the upward market pressure on this stock won't be too heavy."
"We still need to see which fund was the main attacker on the market today!"
Zhao Zhiyuan said.
Liang Jiucheng guessed,
"If I'm not mistaken, it should be a first-tier powerful hot money fund in the industry. After all, at the moment 'Teli A' sealed the limit-up this morning, the intervening funds were buying with continuous main buy orders of tens of thousands of lots, queuing up. Such a fierce and sharp offensive strategy is unlikely to be ordinary small-to-medium hot money funds."
"We'll know when we see it..."
Zhang Wei responded, then glanced at the time, and his gaze turned to the Dragon-Tiger List of the two markets.
Under his gaze.
At the same time, and under the collective attention of countless investor groups in the market.
As 5:00 PM arrived, the Dragon-Tiger List for both markets refreshed.
It was seen that 'Teli A', which had set a new historical high and created a five-day limit-up speculation space, was still on the list.
And according to the Dragon-Tiger List data disclosed by 'Teli A', the trading seat 'Mingzhou Jiefang South Road' was prominently listed in the buy-one position, and explosively bought 127 million in chips, becoming 'Teli A''s undeniable main attacking fund today.
"It turns out 'Mingzhou Jiefang South Road' was the main attacker on today's market."
Noticing the buy and sell data from the Dragon-Tiger List disclosed by 'Teli A', not only did retail investor groups following this stock, but also various main hot money funds exclaim in surprise.
Even Su Yi, gazing at the buying data from 'Mingzhou Jiefang South Road', had a look of shock on his face.
(End of Chapter)