"Brilliant!" Zhang Wei chimed in happily at that moment. "Old Zhao, your judgment this time is seriously top-tier. Judging by MCC's market-driving momentum, the accumulated popularity, sentiment, and market recognition, there's definitely going to be a massive premium tomorrow. Opening higher is a given."
"Can't we think a bit bigger?" Zhao Zhiyuan chuckled. "Forget about how high the intraday premium might be tomorrow. Riding the strong tailwind of the explosive 'real estate' sector, why don't we join forces to build MCC into the primary volume-carrying general stock for the entire 'Mega-Infrastructure' main theme?"
"This... you really dare to dream!" Zhang Wei exclaimed in surprise.
Liang Jiucheng smiled and said, "In the current market, within this core 'Mega-Infrastructure' main theme, our joint effort on MCC might actually have a real chance.
Among all the core heavyweight mega-stocks in the entire 'Mega-Infrastructure' theme, MCC is the first to hit the limit-up. At the same time, looking at the recent volume changes and capital absorption strength, the chip structure of this stock is still extremely stable—at least stronger than Gemdale Corporation, Anhui Conch Cement, Jincheng Anthracite Mining Group, BNBM, and others.
Since we have the first-mover advantage and extremely high market visibility, then as long as market main-theme sentiment continues to improve and the bullish trading atmosphere remains intense, continuing to hold a broader perspective and treating it as the main theme's volume-carrying general stock... well, it seems entirely possible."
"See? What did I tell you..." Zhao Zhiyuan laughed softly. "Old Liang is the one who sees the big picture."
"It's only past 10 AM right now," Zhang Wei paused, glancing at the time, before continuing, "Market sentiment is a bit extreme today, and it's still way too early before the afternoon close. How market sentiment will play out and how price action will shift going forward is still uncertain. I think we shouldn't get ahead of ourselves; we still need to take it one step at a time, follow market sentiment, and track the buying and selling changes of the core main-theme capital."
"Regardless, today's operation can definitely be considered a success," Liang Jiucheng replied.
"That's for sure," Zhang Wei nodded. "Even if MCC can't become the main-theme volume general and fail to expand further upside potential to attract more incoming inner and outer-market major capital to gather and go long, based purely on the massive capital we aggressively deployed and drove in today, we're guaranteed to pocket at least a 5% profit tomorrow."
On the stock of MCC today, the three of them had jointly purchased at least 100 million yuan worth of chips.
This meant that when they cashed out and exited at a higher opening price tomorrow, the three of them would lock in at least 5 million yuan in joint profit.
For the three of them, 5 million yuan in profit was by no means a small sum.
And amidst their excited discussions after successfully leading the sealing of MCC...
Back in Hangzhou, within the Hangzhou major hot-money chat group, Zhao Qiang noticed that MCC had hit a strong limit-up, that the speculative sentiment across the entire "Mega-Infrastructure" main theme continued to ferment, and that various active main capital groups and speculative funds were still pouring into other concept themes within the infrastructure sector while related concept stocks flashed with surging abnormal movements.
Slightly surprised, he said, "Who pushed MCC? Damn... that position-snatching was gorgeous."
"Looks like the handiwork of some insiders within our circle," Sun Chengyu replied. "Institutional capital wouldn't trade like this."
"Once MCC hit the limit-up, it directly squeezed out Gemdale Corporation's position," Old Yang chimed in within the group. "This play was executed with exceptionally high skill. With MCC hitting the limit-up, Gemdale sealing the board afterwards loses all driving momentum, and no other major capital will be willing to seal Gemdale either."
"True," Sun Chengyu nodded, adding, "It's a pity that opportunity was snatched away by someone else."
Originally, seeing that market sentiment remained continuously hot and observing various capital groups in the market continuing to converge toward the "Mega-Infrastructure" main theme, he had intended to launch a concentrated strike on Gemdale Corporation.
His plan was to forge Gemdale into the volume-carrying general of the "Mega-Infrastructure" main theme, treating it as a heavyweight core trend stock.
However, Gemdale's order book was too heavy and intraday divergence was somewhat significant.
That hesitation caused him to delay his decision to ignite and seal the board, wanting to wait until Gemdale's turnover became more thorough before pulling the price.
Little did he expect that before he could execute his plan, another faction of hot money had already stirred up a storm on MCC's order book.
Now, MCC had established firm market recognition while drawing all market attention toward itself, becoming the first main-theme heavyweight core mega-stock to seal the board today, as well as the only two-consecutive-limit-up heavyweight core mega-stock.
Its attributes and sentiment were already maxed out.
Under these circumstances, for him to still pursue Gemdale and forcefully ignite a board-pulling attempt would become utterly meaningless.
After all, at this point, even if Gemdale managed to hit the limit-up, it would merely become a follower stock to MCC—lacking market status and failing to attract subsequent follow-up capital to join forces in trading tomorrow or thereafter.
In other words...
If he stubbornly insisted on playing Gemdale at this juncture, he would simply be dressing the bride for someone else.
"Still, it doesn't matter..." Zhao Qiang observed the overall market trend carefully and said, "Brother Sun, the momentum of the entire 'Mega-Infrastructure' main theme is continuously radiating outwards. I think we can layer other main-theme concepts on top of our plays—for example... State-Owned Enterprise (SOE) reform, the New Era Land and Maritime Silk Road initiatives, and so on."
"You mean..." Sun Chengyu's eyes lit up.
Zhao Qiang chuckled and said, "Relying solely on favorable policy catalysts and the rebound of offline housing prices makes it hard to generate a broad imagination space. Anyway, as long as the market's bullish sentiment continues to ferment, layering other conceptual attributes will definitely attract following buy-side capital.
Besides, at this juncture, by engineering a diffusion rally, we might even carve out an entirely new sub-theme."
"Oh? Brother Zhao's idea is quite good," Old Yang remarked.
"You already have something in mind, don't you?" Sun Chengyu asked next.
Zhao Qiang answered, "Brother Sun, what do you think of Wuhan Iron and Steel (Wisco)? Rumors of a merger between Wisco and Baosteel have been circulating for quite some time. Stirring things up by leveraging this spark makes sentiment very easy to ferment. Furthermore, backed by the conceptual attribute of 'SOE reform', its underlying logic cleanly separates it from MCC."
"Solid idea. It's definitely worth a shot," Sun Chengyu said. "The steel sector is already within the current market-hot main-theme domain anyway. Even if we ignite and drive the price action, and other funds fail to catch on and the 'SOE reform' concept fails to ferment or spread, we won't lose much money."
"Isn't Wisco's float a bit too large?" Old Yang noted. "Besides, for the market to understand this angle, we need a two-stock coordination. How much capital would it take to pull Baosteel?"
"A large float isn't a problem," Zhao Qiang said. "Most of the chips are already locked up inside the market; the actual floating chips aren't that many. As for Baosteel—a super heavyweight stock crowded with institutional main capital—we don't need to push it to a limit-up. Just pulling an abnormal spike will naturally cause other funds to connect the dots."
"That actually sounds like a good idea." Old Yang felt a stir in his heart.
Without waiting for anyone else to respond, Zhao Qiang utilized his capital to strike five consecutive massive buy orders of 10,000 lots each directly into Wisco's order book, testing the waters.
As his main buy orders poured into Wisco's tape, just over 10 million yuan directly boosted Wisco's gain by nearly 2.5 percentage points.
"Oh... the selling pressure on this tape isn't heavy at all," Old Yang said after seeing Zhao Qiang test the waters with 10 million yuan. "This setup feels like something we can seriously play!"
"Well then, Old Yang, lend a hand and provide some backup," Zhao Qiang smiled and said.
With a float as large as Wisco's, even after testing that intraday selling pressure was light, Zhao Qiang didn't dare attempt a solo force-push.
He needed joint forces.
"Alright!" Old Yang agreed decisively.
Immediately afterward, nearly 40 million yuan from his account was smashed all at once into Wisco's order book, which was still lingering near the bottom.
Accompanied by this rapid influx of 40 million yuan, Wisco's stock price experienced virtually no pause. Without encountering any massive main-sell dump orders, it rocketed straight up, punching Wisco's stock price directly to a 6% gain.
Following that, Sun Chengyu took over the price-pulling duties, unleashing twenty consecutive massive buy orders of 10,000 lots each at market price, with an overwhelmingly domineering posture to seal Wisco's limit-up board.
Simultaneously, Zhao Qiang and Old Yang also dumped multiple massive buy orders onto Baosteel's order book.
As the three of them joined forces to go long on both stocks, when Wisco and Baosteel both climbed onto the real-time gainers list of the two exchanges, when numerous funds and countless short-term retail investor groups noticed the simultaneous abnormal movements of these two stocks, the conceptual logic of corporate mergers and "SOE reform" instantly flooded into the minds of countless people.
Soon after, a massive wave of following capital flocked in, violently pouring onto the order books of both stocks.
Seeing that a large wave of active capital was following suit and noting that Wisco's order book faced virtually minimal selling pressure, Sun Chengyu—after driving the price to the limit-up and allowing a brief period of share turnover on the board—quickly stacked another 200,000 lots of limit-up main buy orders, heavily committing capital to spearhead the stock.
Similarly, witnessing Sun Chengyu establish immense momentum with his price-pulling, Zhao Qiang and Old Yang rapidly followed suit, each deploying tens of millions of yuan to provide absorption.
"What the heck... What's going on? Baosteel and Wisco moving abnormally at the same time?" Noticing the simultaneous abnormal movements of the two stocks, especially Wisco's straight-line surge to the limit-up, Li Jinshi of the Foshan Faction major hot-money chat group clicked his tongue in amazement and said, "Could 'SOE reform' be launching a wave?"
"Are these merger rumors?" Chen Guiyun also noticed the simultaneous abnormal movements of the two stocks and asked with surprise, "Did insider money pull this?"
"Doesn't really look like insider money," Liao Guoxiang pondered for a moment and said.
"Then what is it?" Chen Guiyun asked, somewhat puzzled. "Institutional handiwork? What else could this be driving... besides the 'SOE reform' logic? The pure expected logic of supply-side reform in the steel sector wouldn't be enough to drive Wisco to a limit-up, right? Plus, Baosteel is moving abnormally right alongside it!"
"It really might be the 'SOE reform' line," Li Jinshi's eyes flashed. "Other SOE reform concept stocks in the market are starting to move too."
"And it's not just SOE reform concept stocks making abnormal moves," Liao Guoxiang said. "Restructuring concept stocks are all moving dynamically right now."
"Holy crap, market hot spots are diffusing all over the place," Li Jinshi exclaimed.
Chen Guiyun nodded slightly: "Indeed, the main-theme market trend is deepening rapidly. Judging by this situation, the overall market rebound this round... is worth looking at with higher expectations."
If market bullish sentiment had continuously fermented solely within the "Mega-Infrastructure" main theme domain, with all capital trading logic revolving strictly around infrastructure, then the depth and breadth of the market rally would have been severely limited.
And with limited depth and breadth, its sustainability naturally would have been limited too.
However, once the market trend began to radiate outward from the "Mega-Infrastructure" main theme into various sub-theme logics—spurring speculative enthusiasm where infrastructure overlapped with other diverse sub-themes—then the depth and breadth of the market rally naturally swung wide open, making the continuation of the trend well worth anticipating.
"Just a moment ago, I was worried that market sentiment was overheating and that the sentiment consistency in the 'Mega-Infrastructure' main theme was forming too fast," Liao Guoxiang said. "Now, with the market diffusing from infrastructure into various sub-theme domains, continuously layering expectations and rotating sub-theme trends, the market order book has actually been reactivated."
"Yeah," Li Jinshi agreed. "And in the Hong Kong stock market, mainland property stock trends are still fermenting. Feels like we can look forward to at least a good week of smooth sailing."
"Does that mean we need to increase our positions?" Chen Guiyun replied.
Liao Guoxiang thought for a moment and said, "Let's wait for divergence. After surging strongly for several days, profit-taking chips have piled up significantly. By as early as this afternoon or as late as tomorrow morning, the market will definitely experience notable divergence. When sentiment diverges and stock prices pull back slightly, that should be the prime opportunity to re-increment our positions."
Since both the breadth and depth of the market trend were expanding continuously, Liao Guoxiang judged that the market rebound catalyzed by the core "Mega-Infrastructure" main theme would sustain itself for more than just a day or two, meaning there was no need to rush rashly.
Furthermore, having distributed his positions across a slew of popular stocks, his holding volume within the entire "Mega-Infrastructure" main theme was already quite substantial.
In fact, his current position sizing was the heaviest he had deployed in the past half year—proof enough of his strong bullish conviction in this wave of the market rebound.
(End of Chapter)