At 9:35 AM, with only 5 minutes remaining until the market officially opened for trading.
Kowan Real Estate's transaction volume soared to around 500 million yuan, and its stock price rapidly reached the 4% gain mark, driven by continuously emerging large buy orders of tens of thousands of lots.
At 9:40 AM, Kowan Real Estate's stock price climbed to a 5% gain, with both volume and price rising simultaneously.
Furthermore, the net inflow of main funds on its trading board had already reached approximately 300 million yuan.
At 9:50 AM, Kowan Real Estate's intra-day transaction volume broke the 1 billion yuan mark.
Its stock price encountered extremely strong selling pressure within the 5% to 6% gain range.
Simultaneously, given its rapidly exploding trading volume, the stock successfully claimed the top spot for intra-day transaction volume across both markets.
Subsequently, under the influence of Kowan Real Estate's continuous explosive volume and its ascent to the top of the transaction volume charts across both markets.
The stock's market popularity began to soar rapidly.
Countless investor groups, including retail investors, hot money, and institutions, turned their attention to this stock.
Concurrently, the Real Estate sector, which is strongly associated with Kowan Real Estate, also attracted the attention of numerous main funds and investors.
And it was driven by the trend of Kowan Real Estate's stock.
In the Real Estate sector, heavily weighted core stocks like Poly Real Estate, Gemdale Group, China Merchants Shekou, and other related small-cap concept stocks.
Also showed unusual movements across the board and strengthened.
Thus, at 9:56 AM, merely 6 minutes after Kowan Real Estate reached the top spot on the intra-day transaction volume ranking across both markets, the Real Estate sector index had already surged by over 2.5%, successfully displacing the New Energy Industry Chain related sectors, which had shown extremely strong performance in early trading, to become the leading sector across both markets.
"What the heck... why is the Real Estate sector's performance so strong today?"
Noticing that the net inflow of main funds into the entire Real Estate sector had surged to nearly 2 billion yuan within half an hour of opening, and that the bullish buying power for Kowan Real Estate's stock was simply taking over all selling chips on the board at any cost, furiously, Zhao Qiang's face showed an extremely astonished expression in the "Yuhang Faction" main hot money group.
He questioned in the group,
"Is there any major positive news recently stimulating the Real Estate sector, or even the Real Estate Development industry?"
"Haven't heard anything, but various rumors about easing housing market regulations have been circulating in the market for a while, it's just that no one paid much attention before."
"Such a sudden surge in the Real Estate sector definitely isn't due to those previous rumors."
"Brother Sun is well-informed, let's ask him."
"Brother Sun..."
Zhao Qiang hurriedly @Sun Chengyu,
"Do you know if there's any potential major news stimulating such a surge in the Real Estate sector?"
Sun Chengyu intently watched Kowan Real Estate's trend and the overall strong upward breakout of the entire Real Estate sector.
He was also a bit confused, not quite understanding the logic behind the full-scale surge in the Real Estate sector.
He replied,
"I haven't heard of any particularly significant positive news for the Real Estate industry either!"
"That's strange then,"
Zhao Qiang said,
"Such a huge inflow of main funds doesn't seem to be baseless!"
"It feels like the surge in the Real Estate sector is mainly driven by Kowan Real Estate, the leading stock. So... can we diverge our analysis from this stock to find the reason for this main theme's surge?"
"Looking at the trend of the entire Real Estate sector, the core leading stock that is attracting all main fund groups to concentrate their speculation in the Real Estate sector is indeed Kowan Real Estate."
"This is amazing, Kowan Real Estate has reached the top spot for transaction volume across both markets."
"Outperforming CRRC and Huaxin Securities, this phenomenon is indeed rare."
"Is there any potential significant positive news within Kowan Real Estate Group?"
Sun Chengyu quickly made inquiries and said,
"I haven't heard of any positive news within Kowan Real Estate Group that should be disclosed but hasn't been!"
"Then it's a market trend ignited by a fundamental shift in the entire industry."
"Has the real estate industry reached the point of an expected reversal?"
"I think so, right? I heard that houses in our 'Yuhang' core area have started to rise sharply in price recently, haven't they?"
"Not really, right? The second-hand housing market is still relatively sluggish."
"Couldn't it just be a simple valuation repair? Whether compared horizontally or vertically, I think Kowan Real Estate's valuation is quite low. And it barely rose during the entire bull market before June.
Now, with the gradual improvement of the real estate industry's fundamentals and the enhancement of the company's operational performance, it makes logical sense for funds to use this as a valuation repair opportunity, doesn't it?"
"Aren't the valuations of major core leading stocks in the Real Estate sector always like this?"
"Not entirely, right? When a company's operational performance improves, its valuation will certainly rise. Actually... after two stock market crashes, in this wave of rebound that started after the National Day holiday, strong sectors that continuously strengthened against the trend and even largely recovered the losses from the previous two stock market crashes weren't just the Real Estate sector.
Weren't the earlier Liquor and White Goods sectors, along with the main associated sectors of the New Energy Industry Chain, and even the two major financial heavyweight sectors of Banking and Insurance, showing similar trends? Even... Kweichow Moutai is close to reaching a new historical high."
"The logic for Liquor and White Goods is fundamentally different from that of the Real Estate sector, isn't it?"
"In my opinion, there's no difference."
"Oh, actually, there's no need to analyze any deep-seated underlying logic. Just knowing whether the Real Estate sector has a sustained profit-making effect after its surge is enough."
"That's true, as long as there's a sustained profit-making effect, one can follow the trend and participate by going long."
"With such a large net inflow of main funds, basically large capital is scrambling for shares across the board, so there should be a sustained profit-making effect, right?"
"It feels like Kowan Real Estate's stock could be a speculative play!"
"Too bad I don't have a position, damn it..."
"If you're aggressive, you could opt for a margin position."
"Forget it. Even if a large-cap stock with a market value of hundreds of billions sees its fundamentals reverse and its operational performance improve, its volatility should be far less than that of core hot stocks in the Lithium Battery main theme.
So... from a short-term trading strategy perspective, I feel it would be more suitable to continue focusing on the Lithium Battery main theme."
"But if the Real Estate sector rises, the active main fund groups in concept stocks within the 'SMEs and ChiNext' sector will all be siphoned away by the Real Estate sector."
"The Lithium Battery sector has risen so much, I feel it's due for another adjustment, isn't it?"
"Based on market trend analysis, the current Real Estate sector and related concept main sectors of the New Energy Industry Chain, especially the Lithium Battery main sector, show a bit of a high-low switching dynamic."
As messages within the group continuously refreshed and hot money tycoons in the group provided in-depth analysis of market trends.
On the trading boards of both markets...
As market trading hours continued.
The net inflow of main funds into the Real Estate sector continued to increase, while the market liquidity and the active short-term fund groups concentrated on the core hot stocks in the Lithium Battery main theme were indeed being siphoned away by the entire Real Estate sector.
Of course, even the intra-day trend of the New Energy Industry Chain, a major core main theme.
After being siphoned by funds from the Real Estate sector, it gradually moved towards a volatile phase.
However, looking at all the active main themes in the entire market, the New Energy Industry Chain related concept sectors and their hot core stocks were still the main theme sectors with the highest investor discussion and participation enthusiasm, second only to the core stocks of the fully surging Real Estate sector.
However...
Due to the relative shortage of funds at year-end.
And the trapped capital accumulated in the 3500 to 4000 point range from the previous two stock market crashes was too heavy.
This led to the relatively high-positioned New Energy Industry Chain main theme and the Real Estate sector, which was surging with siphoned funds, being unable to advance side-by-side and jointly lead the index to break through to a higher range.
But even so, the market's overall bullish sentiment and overall investor risk appetite.
Stimulated by the explosive profit-making effect emerging from the Real Estate sector and the Lithium Battery main sector, continued to rise, gradually forming a relatively benign bullish situation.
Amidst this emotional development and the active bullish participation of main funds.
At 11:17 AM, the SSE Composite Index successfully stood above 3550 points.
Concurrently, Kowan Real Estate, which had already entered the top ten hottest stocks across both markets, saw its stock climb to a 7% gain, marking its largest single-day increase in nearly three months and also its largest half-day transaction volume in nearly half a year.
At 11:24 AM, the "Zhaobao Wanjin" (China Merchants, Poly, Kowan, Gemdale) four major real estate heavyweight stocks all saw their intra-day gains break above 5%.
At 11:28 AM, nearing the midday close, Kowan Real Estate's intra-day gain approached 8%, and its intra-day transaction volume reached the 4.5 billion yuan mark.
Finally, when 11:30 AM arrived and both markets entered their midday close.
The three core indices, the SSE Composite Index, the SZSE Component Index, and the ChiNext Index, all closed higher, with the SSE Composite Index's half-day gain reaching 1.52%.
Immediately after, during the midday break.
Due to the strong offensive and aggressive buying in the Real Estate sector, especially driven by the exceptionally strong trend of Kowan Real Estate's stock.
Midday market sentiment further intensified.
Investors' bullish views became increasingly unified.
On major stock discussion forums across the internet, more and more aggressive investors were taking over at high prices, and even increasing their positions with margin.
Of course, amidst the intensifying sentiment.
Facing the unprovoked surge of the Real Estate sector, particularly Kowan Real Estate's stock.
Large institutional fund groups with connections and channels in the industry were, during this period, actively inquiring about all kinds of positive news that could support the stock's surge.
However, what was quite surprising was...
No matter how everyone inquired, whether through insider channels or not.
No one could clearly explain the fundamental reason for today's Real Estate sector surge, nor could anyone precisely understand why Kowan Real Estate's stock suddenly saw such explosive volume, let alone figure out which powerful main institution, or rather, powerful main funds, were so frantically scrambling for this super heavyweight stock with a market value of hundreds of billions on the trading board today.
Even Kowan Real Estate's internal management, including core management personnel.
Faced with the extreme explosive volume and sharp rise of their own company's stock, their emotional reaction was also one of utter confusion, completely unaware of what was happening.
But regardless of whether everyone understood.
Whether they could clarify the speculation logic and reasons behind the surge in the Real Estate sector and Kowan Real Estate's stock.
None of it could stop the market trend of the Real Estate sector and Kowan Real Estate's stock.
As seen, after a short midday break...
When the market officially opened for trading in the afternoon, Kowan Real Estate's stock once again saw an astronomical volume, and its price, with an extremely strong momentum, further charged towards the daily price limit.
And at the same time, the Architectural Decoration and Building Materials sectors, associated with the Real Estate sector.
Also began to passively follow the rise.
Furthermore, related sectors of the Major Financials main theme, such as banking, insurance, and securities, which historically had a strong linkage effect with the Real Estate sector's trend, were also driven upwards, gradually attracting the attention and intervention of various main fund groups.
"Holy moly, this is incredible! Today, Kowan Real Estate's stock has seen a net inflow of main funds on its trading board exceeding 1 billion yuan."
Around 1:30 PM, in the "Magic City Ultra-Short Group" main hot money group where Su Yi was.
Xu Qiao stared at the trading trend of Kowan Real Estate's stock, a clear look of shock on his face.
In fact, he had noticed unusual activity in this stock several trading days prior, but at the time, given that the Real Estate sector was not a core main market theme, he worried about the sustainability of this theme's trend and thus did not participate in buying or selling the stock, nor did he consider establishing a position.
"It feels like it's going to hit the daily limit!"
Old Zhang said in the group,
"I wonder who the main funds driving Kowan Real Estate today are. Damn... they're incredible. I've observed carefully, these main funds are just placing countless massive buy orders at astronomical volumes, pushing the price up directly regardless of cost, completely abandoning all techniques for leading the market. It's safe to say... today's rise in Kowan Real Estate's stock price was literally pushed up by buying funds."
"Honestly, besides CRRC's trading board during the peak of the bull market in June, and the market performance when the 'National Team' focused on major financial heavyweights during the stock market crash, I've never seen such a cost-no-object buying method,"
Old Wu said.
"It feels like the main funds driving Kowan Real Estate today must be of unusual origin, right?"
Brother Chen responded,
"Without a doubt, it's certainly unusual."
"This kind of direct upward buying is extremely capital-intensive,"
Xu Qiao said.
"According to my initial observation, the funds actively taking over selling on Kowan Real Estate's board have bought certainly over 700 million yuan worth of shares intra-day, possibly even 1 billion yuan."
"A huge outlay!"
Old Zhang exclaimed.
"Getting involved so deeply, it seems Kowan Real Estate's market trend won't be a small one."
"With the entire Real Estate sector surging like this, could it be a small trend?"
Old Wu said.
"It's just that currently, no one has been able to clarify the specific logic for the Real Estate sector, which has led to many short-term follow-on funds still being somewhat hesitant in taking over on the trading board."
"As for the logic behind the surge..."
Brother Chen smiled and said,
"It will definitely become clearer and clearer."
Hearing Brother Chen's words, Xu Qiao also nodded in response,
"Such a large-scale concentration of funds participating in scrambling for shares, without a doubt... there must be very strong underlying real estate logic. Today's Real Estate sector performance is truly striking, and the main funds have indeed intervened quite deeply in one go. I plan to take partial profits from my previous positions in the Lithium Battery main theme and allocate a portion of the funds to Kowan Real Estate's stock."
Saying this, he didn't wait for the others in the group to respond.
He then immediately used his stock account to sell and take profits on some hot stocks in the Lithium Battery main theme with a single click.
Then, he quickly invested the funds recouped from selling and taking profits into Kowan Real Estate's stock, which was still rapidly exploding in volume, with large buy orders continuously emerging to take over.
But as he actively placed a buy order against the continuously surging Kowan Real Estate trading board.
The next moment, before his placed order could be executed.
Kowan Real Estate rapidly hit the daily price limit upwards, driven by consecutive large buy orders of over a hundred thousand lots, amounting to more than 150 million yuan in main funds.
(End of chapter)