"What the hell, it hit the limit-up already?"
Seeing that his order hadn't been filled, Xu Qiao was utterly bewildered.
Immediately, he quickly modified his order, buying shares directly at the limit-up price.
But as soon as his modified order was filled, Kowan Real Estate's stock price reopened the limit-up, seemingly indicating that the main funds driving the market had no intention of locking the limit-up and escalating buying sentiment.
"That's strange, why did it break the limit again?"
Noticing that Kowan Real Estate quickly hit the limit-up and then quickly broke it, Xu Qiao's brows furrowed instantly, and he couldn't help but ask in the group.
"It feels like the main funds targeting Kowan Real Estate don't intend to lock the limit!"
Old Zhang, who also followed some positions in Kowan Real Estate, said,
"These main funds bought such a large volume, but they didn't actively lock the limit to further stimulate buying sentiment. This trend… is odd."
"It looks a bit like a limit-up accumulation strategy,"
Old Wu said.
"Continuous large orders and super large orders are actively buying and attacking the market. With this volume performance, if these main market-making funds insisted on forcefully locking the limit-up, it wouldn't be difficult.
After all, today's overall market investment sentiment, as well as the follow-up speculation and absorption sentiment in the real estate sector, are all very good.
But the result is… these funds are placing and then canceling orders at the limit-up, clearly intentionally creating an expectation of the limit breaking, deliberately guiding and intensifying the selling desire of in-market investors for this stock."
"Old Wu is right,"
Chen Ge nodded slightly upon hearing Old Wu's words and replied,
"During the previous trading hours, the main funds targeting Kowan Real Estate had already made large-scale net purchases exceeding 700 million yuan on the market, showing an extremely strong desire to snap up shares.
Considering the capital strength these funds have demonstrated on the market… With the overall market's investment sentiment and risk appetite significantly warming up compared to the beginning of the trading session. It would be an easy task to lock Kowan Real Estate's limit-up.
However, these funds did not do so. Instead, after pushing the stock price to the limit-up in one go, they quickly canceled orders, deliberately creating the appearance of the limit breaking and falling back, suggesting excessive pressure to lock the limit.
Their fundamental goal is to induce the in-market investors of this stock to further sell off their shares. From the market-making methods of these main funds, it appears they are eager to buy a large quantity of Kowan Real Estate shares.
It's just that we don't know what the motive is for these funds to snap up Kowan Real Estate shares so aggressively. Nor do we know what potential good news currently surrounds Kowan Real Estate that could make these funds so frantic."
"Regardless of the motive of these main funds making moves in Kowan Real Estate,"
Xu Qiao said,
"as long as it's confirmed that these funds are intentionally creating a limit-break trend to accumulate shares at the limit-up, then taking over and buying Kowan Real Estate, betting on the subsequent market trend, should be perfectly fine, right?"
"No problem,"
Chen Ge replied with a smile.
"However, the market volume performance of Kowan Real Estate today is truly exaggerated!"
Old Wu paused, then added,
"It feels like if this intraday volume eruption frequency continues, Kowan Real Estate's trading volume today is probably heading straight for the tens of billions range."
"Such a riot in weighted stocks…"
Old Zhang smiled and said,
"It truly feels a bit like a dream back to the bull market!"
"Oh… Gemdale Group actually locked the limit first,"
Xu Qiao said in surprise.
Old Wu's gaze shifted, and he continued to watch the market trend of the entire real estate sector, saying:
"It seems the real estate sector's market has been completely activated by Kowan Real Estate. As market trading time progresses, the active main funds flowing into the real estate sector already show clear signs of accelerating."
"So much capital… is starting to form a consensus in the real estate sector,"
Old Zhang pondered and said,
"Could it be that the housing market has truly recovered?"
"One can only say there are signs of recovery,"
Chen Ge replied.
"Overall, the speculation logic for the real estate sector is somewhat weaker compared to the lithium battery sector and the entire new energy industry chain main theme,"
Old Wu continued.
"However, in terms of current trends, it's fortunate that the real estate sector's relative height is lower than that of lithium batteries and the new energy industry chain. In this situation… even if the housing market only has recovery expectations currently, it should be enough to attract funds for a wave of market activity."
"Indeed,"
Xu Qiao said,
"So… I added to my position again."
"Your execution is really impressive!"
Old Zhang praised.
Xu Qiao chuckled and said,
"A market opportunity with a greatly increased risk-reward ratio definitely warrants participation. I just hope this wave of 'real estate' market activity can last a bit longer."
"Gemdale Group's limit-up continues to push up the speculation sentiment and follow-up capital sentiment in the real estate sector,"
Chen Ge said.
"With the impetus of this core stock, it is estimated that in the late trading session, the buying volume flowing into the real estate sector will further accelerate, and Kowan Real Estate… will likely return to lock the limit-up."
As his prediction…
And as messages refreshed in the group, along with intense discussions among several institutional investor bigwigs regarding current market trends.
At 1:55 PM, the entire real estate sector index's gain broke through to 4.11%, and besides Gemdale Group, China Merchants Shekou, a weighted stock in the real estate sector, also showed signs of hitting the limit-up.
At the same time, Kowan Real Estate's intraday trading volume had already surpassed the 7 billion yuan mark.
At 2:07 PM, the real estate sector index's gain broke through 4.5%, and the 'big finance' main theme saw abnormal movements.
At 2:15 PM, the new energy industry chain main theme, including core concept sectors like 'lithium battery' and their related popular weighted stocks and leading concept stocks, showed a widespread pullback as the real estate sector continuously siphoned off active main funds.
At the same time, the market's performance style.
Also clearly shifted from the previous pattern of 'small and medium-cap growth' stocks leading the gains to a pattern of weighted main themes leading the gains.
Among them, the fully booming real estate sector continued to lead the gains in both markets, while the three major weighted themes of 'big infrastructure,' 'big finance,' and 'big consumption' all saw signs of large groups of main funds accumulating positions and speculating.
Under this style shift and emotional unfolding…
At 2:42 PM, as market trading entered the final twenty minutes of the late trading session, Kowan Real Estate, the hot stock ranked first in intraday trading volume across both markets, finally locked the limit-up again with a surge in volume reaching 8.9 billion yuan.
And according to its market trading situation.
It can be seen that the net inflow of super large order funds primarily buying this stock intraday exceeded 1 billion yuan.
Furthermore, Kowan Real Estate's limit-up.
Also successfully pushed this stock past its June bull market high, freeing all previously trapped shares.
"The performance of the real estate sector today is absolutely insane."
Seeing that among the four leading stocks in the real estate sector—China Merchants, Poly, Kowan, Gemdale—two had already locked the limit-up, and the other two were nearing the limit-up price.
At the same time, also noticing that the real estate sector's intraday trading volume and intraday net capital inflow both hit new highs since the June bull market, Zhao Qiang, a key institutional investor from the 'Yuhang Faction' main institutional investor who had followed some positions in core real estate stocks, exclaimed in utter astonishment in the group.
"It seems there's no doubt that the real estate sector truly has some significant positive news."
"Regardless of whether there's positive news stimulating it, with all major capital groups investing so deeply in the real estate sector today, it should be able to create a sustained market trend."
"The strongest one is still Kowan Real Estate!"
"It seems the expectation of a 'housing market' recovery is beginning to receive widespread recognition from all major capital groups in the market."
"The net inflow of large capital into Kowan Real Estate today is truly exaggerated. It feels like the large funds primarily targeting this stock today bought at least 1 billion yuan worth."
"I wonder if Kowan Real Estate will be on the Dragon and Tiger list today?"
"It should be!"
"I really want to see who these main funds primarily targeting Kowan Real Estate today truly are."
"This move… is truly massive."
"However, this surge in the real estate sector has completely shifted the market trend style towards weighted main themes. Related concept sectors in 'small and medium-cap growth' are severely bleeding, and even the 'new energy industry chain' main theme, which previously showed exceptionally strong performance, and the 'lithium battery' sector, are bleeding heavily today, with somewhat weak market trends."
"The market's seesaw effect should indicate that the overall capital liquidity is still not sufficient, right?"
"This is very clear. During the bull market in June, the trading volume of both markets was generally around 2 to 3 trillion yuan. Now, it's difficult for the trading volume of both markets to even hit 1 trillion yuan. Therefore… the market trend is always a localized market, always a rotational market."
"If the overall trading volume can't go up, then it seems the Shanghai Composite Index reaching 3800 points, or even 4000 points, is still out of the picture."
"Most likely not happening."
"But at this time… should we switch market strategies?"
"I don't know either, sigh… it's very conflicted. It feels like the 'lithium battery' main theme hasn't finished its run yet."
"Sun Ge, what do you think?"
Someone @Sun Chengyu asked.
Sun Chengyu saw the message in the group and replied,
"The sentiment in the real estate sector has indeed been driven out by funds, but the sustainability of the market trend still depends on the performance in the next few days. From my personal point of view, I still think the 'lithium battery' main theme, the 'new energy industry chain' line, is stronger. Of course, with the sentiment in the real estate sector already fermented, there's no problem in following the trend and participating."
"It feels like managing positions across different accounts would be more suitable!"
"Yes, managing positions across different accounts should be better. With the real estate sector erupting like this, it would truly be a shame not to follow the trend and participate…"
Just as a group of institutional investors in the 'Yuhang Faction' main institutional investor group were analyzing market conditions, discussing market trends and style changes, as well as market-making directions and target selections.
As market trading time continued to progress…
During the final fifteen minutes of the late trading session.
Active capital groups and main capital groups from all sides were still accelerating their convergence towards the real estate sector, as well as the strongly related 'architectural decoration' and 'building materials' sectors.
And with such aggressive participation from the main capital groups.
At 2:52 PM, a host of 'China-prefixed' infrastructure weighted stocks such as 'China Metallurgical,' 'China Railway Construction,' 'China Communications Construction,' 'China State Construction,' etc., also began to surge with massive volume and abnormal upward movements.
Finally, as 3 PM arrived and both markets closed.
Thanks to the comprehensive driving force of the real estate sector, as well as the entire 'big infrastructure' and 'big consumption' main themes.
The Shanghai Composite Index closed up 2.79%.
However, even as the Shanghai Composite Index firmly stood above 3500 points and even showed signs of rapidly pushing towards 3600 points, the Shenzhen Index and ChiNext Index, which previously generally outperformed the Shanghai Composite, barely managed to close around a 1% gain.
And as the leading sectors in the earlier period.
The 'lithium battery' sector, and its corresponding core weighted stocks and leading concept stocks.
Only ended up closing slightly in the green.
Additionally, a host of highly recognized "monster stocks" that previously showed extremely strong profit effects and seemed to be on a continuous limit-up trend, such as 'Teli A,' 'Meiyan Jixiang,' 'Three Gorges New Material,' 'Yishang Display,' 'Baofeng Technology,' etc., showed even weaker forms, mostly closing in the red.
Witnessing such a closing situation…
Even investors who had focused on the 'lithium battery' and 'new energy industry chain' main themes, as well as those aggressively speculating on "monster stocks" like 'Teli A,' 'Meiyan Jixiang,' 'Baofeng Technology,' 'Yishang Display,' etc., were not in a good mood and felt somewhat resentful.
However, overall, the vast majority of retail investors in the market.
Still made money from the sharp rise in the Shanghai Composite Index today, feeling somewhat invigorated, and gained more confidence in the future market trend.
Of course, amidst this relatively positive emotional performance.
Kowan Real Estate, a stock that showed strong performance throughout the day, attracted countless investors' attention, and led the counterattack of the entire 'real estate' sector and even the entire main board weighted sector.
After closing, its related discussion popularity and investor attention also surged rapidly.
Before the Dragon and Tiger list of both markets was updated, this stock had already become the hottest stock in both markets.
And when the Dragon and Tiger list was refreshed.
Everyone saw Kowan Real Estate prominently listed on the Dragon and Tiger list of both markets, and with the top buyer making a massive purchase of 1.6 billion yuan.
The shock and the discussion popularity for this stock reached an extreme.
With almost no hindrance.
In an instant, discussion topics related to Kowan Real Estate.
Dominated the top trending topics across major stock investment forums, communities, and Tieba, and other gathering places for retail investors nationwide.
"Buying 1.6 billion yuan worth of shares in one go, it seems the 'Baoneng Faction' has already secured most of the shares needed to challenge Kowan Real Estate Group's management, preparing to publicly unsheathe its sword!"
Watching the top buyer on the Dragon and Tiger list, who generously spent 1.6 billion yuan, Su Yi's eyes were sharp as he thought to himself.
(End of chapter)