Chapter 740 The Market Is Booming Across the Board!
Just as this bullish sentiment continued to ferment and surge.
With the influence of some news at noon, the one and a half hour break passed in a flash.
Unconsciously, 1 o'clock in the afternoon arrived. After a brief suspension of one and a half hours, the two markets once again ushered in the formal continuous bidding trading period.
The clock just passed 1 o'clock in the afternoon.
In the morning, the Shanghai Composite Index, Shenzhen Composite Index, ChiNext Index, as well as the Small and Medium-sized Index, A50 Index and other core indexes of the two cities, which closed higher across the board, all rose rapidly again, and the intraday volume was also instantly exploded again. Countless main buying funds groups further swarmed into the market.
At 1:01, the Shanghai Composite Index rushed to the 1.70% increase mark.
At 1:02, the number of stocks in the two cities that were in the red reached 1,870, and only less than 200 stocks were still in a falling state.
At 1:03, the core stocks of the main lines of "big finance" and "big infrastructure", as well as the leading stocks in the industry, continued to maintain a sideways shock pattern, but the main fields such as "technological growth", "military industry", "mobile Internet", "smartphone industry chain", "big consumption", "petrochemical industry", etc., as well as the concept theme sectors such as "electronic information, film and television production, mobile games, mobile payments, smart cities, liquor, white appliances, automobiles, retail, e-commerce, Internet e-commerce, etc.", continued to move in an all-round way, madly absorbing the participation of a large number of main capital groups.
At 1:04, the intraday increase of the "national defense and military industry" sector reached 4.5%, and the whole sector has begun to set off a trend of daily limit.
At 1:05, the intraday increase of the "new stocks" sector also continued to refresh the intraday high, and the trend of daily limit was getting more and more intense.
At 1:06, the "Northern Navigation" check hit the daily limit, and led the "Beidou Navigation" concept sector to further attack rapidly.
At 1:07, the stock of ‘Northern Navigation’ hit the daily limit.
At 1:08, in the field of ‘big consumption’, the retail sector continued to be the focus of the main buying funds. Following the check of ‘Sanjiang Shopping’, the constituent stocks of Wangfujing, Yonghui Supermarket, Sanlian Supermarket, Renrenle... and other sectors have all shown a trend of straight-line pull-up.
At 1:09, the check of ‘Wangfujing’ began to hit the daily limit.
At 1:10, the stock of ‘Wangfujing’ hit the daily limit.
At 1:11, the intraday increase of the ‘retail’ industry sector was driven by a number of constituent stocks and quickly crossed the 2.5% increase mark.
At 1:12, liquor and white appliances moved synchronously.
At 1:13, the stocks of a number of liquor brands such as Wuliangye, Tuopai Shede, Jinxi Fenjiu, Luzhou Laojiao... rose collectively, rapidly attracting the main buying funds.
At 1:14, Haier Electric's daily increase exceeded 5%, and Gree Electric and Midea followed suit.
At 1:15, Robam Electric came from behind and rose by more than 7%.
At 1:16, Robam Electric hit the daily limit, and the daily trading volume increased rapidly, reaching almost the daily trading volume of yesterday.
At 1:17, without any surprise, Robam Electric hit the daily limit, and the entire "white goods" sector index rose by more than 2.3%.
At 1:18, the automobile and auto parts sectors also began to move rapidly.
At 1:19, Changan Automobile rose by more than 5%.
At 1:20, Great Wall Motors followed the rise, and the daily increase also exceeded the 5% increase mark. At the same time, JAC Motors began to hit the daily limit.
At 1:21, Zotye Auto, which has a smaller circulation and market value, suddenly rose to the daily limit.
At 1:22, the entire "big consumption" main line-related industry sectors and concept sectors basically achieved full-line abnormal movement, and all followed the index increase, completely filling the retracement pit left by the previous day's high-rise fall and sell-off, so that all major related industry sectors and concept sectors have achieved new highs in this round of rebound.
At 1:23, the "film and television media" industry sector rose by 3% during the day.
At 1:24, the "film and television production" concept sector rose by 3.25% during the day. In the sector, Guangdong Media, Huawen Media, Huace Film and Television, Light Media, Huayi Brothers, Huawen Media, Phoenix Media... all component stocks rose sharply.
At 1:25, the "Huayi Brothers" check broke through the 7% increase mark.
At 1:26, "Huace Film and Television" hit the daily limit.
At 1:27, "Huace Film and Television" closed the daily limit, setting a new high in this round of rebound and a new high for the year.
At 1:28, the intraday increase of LeTV also quickly broke through the 7% increase mark, showing the trend and traces of the daily limit.
At 1:29, Guangguang Media also followed suit and rose sharply. The intraday increase of the entire film and television media industry sector index further expanded to about 3.5%, squeezing into the top five of the industry sector increase list of the two cities.
At 1:30, the old demon stock Shanghai Steel Union closed the board straightly, and led the overall abnormal movement of the concept of mobile Internet. At the same time, a number of concept component stocks such as 2345, Ren Zixing, Inspur Information, Inspur Software, NavInfo..., etc., all rose rapidly.
At 1:31, Lixun Precision rose by more than 5%.
At 1:32, 'Subed' sealed its daily limit. At the same time, 'Xinwei Communications' crossed the 7% increase mark, and the entire 'Apple concept' and 'smartphone industry chain' related stocks rose sharply.
At 1:33, ‘Lixun Precision’ rose by more than 7%. At the same time, the intraday gains of Goertek Acoustics and OFILM Technology also exceeded the 5% increase mark.
At 1:34, under the rapid compensatory growth trend of the main areas such as 'military industry', 'big consumption', 'technological growth', 'mobile Internet', and 'smartphone industry chain', as well as a number of related Driven by concept core stocks and sector weight stocks, the Shanghai Stock Index broke through the 2% increase mark and stood at 3,480 points, directly pointing to the 3,500 point mark.
At 1:35, the intraday gains of the Shenzhen Stock Exchange Index, ChiNext Index, and Small and Medium Enterprises Index also expanded to more than 1.8%, continuing to narrow the gap with the Shanghai Stock Exchange Index.
At 1:36, the A50 index was still hovering around the 2.5% increase and would not rise further.
At 1:37, the number of stocks hitting the daily limit in the two cities has exceeded 100. The daily limit of 100 stocks in the two cities has become the norm as the bull market atmosphere becomes increasingly intense.
At 1:38, ‘Huaguo Petroleum’ surged 4.5%, which also made up for the previous day’s retracement loss.
At 1:39, corresponding sector stocks such as Petrochemical Oil Services, Hengli Petrochemical, Lehman Oil... also followed the trend and rose.
At 1:40, the main sectors such as coal, agriculture, animal husbandry, and medicine, which were at the bottom of the market in terms of gains, also followed the trend and slowly rose. At this time in the two cities, all industry sectors had all achieved red prices, and none of them fell. , in terms of concept sectors, except for the concept sector of 'reorganization and backdoor', the rest have also achieved a red plate, and the profit-making effect of the two cities can be said to be explosive.
At 1:41, the turnover of the two cities reached 580 billion, which was once again expanded compared to the same time period yesterday.
At 1:42, the check of 'Huagong International' hit the daily limit again with a volume of 1.8 billion, and drove the main line of 'big infrastructure'. The previously sluggish and lagging weighted core stocks followed the trend and rose. At the same time, The two checks of China South Locomotive and China North Locomotive and Rolling Stock Locomotive and Railway Co., Ltd., which had fallen back, were also driven by the daily limit of "Huagong International" and once again picked up and surged higher, and the time-sharing capacity of the market also expanded again.
"Damn it, this market... has gone crazy!"
At around 1:45, at this moment, inside Yanjing Yihe Capital Company, in the main fund trading room, fund manager Gao Xiang stared at the market trends of the two cities. He was extremely excited and said with emotion: "It feels like the market is extremely well funded. With liquidity, it has begun to turn into a comprehensive general rise situation.”
"There are indeed traces of this." Beside Gao Xiang, Chen Yihe, general manager of Yihe Capital Company, nodded and said, "With such a rise, our company's newly established 'Yihe No. 2' main fund product will not be able to open a position. !”
"How does Mr. Chen plan to operate?" Gao Xiang asked.
Chen Yihe thought for a while and asked, "What do you think?"
Gao Xiang pondered for a moment and responded: "There is no other way. At this time, the market prices of the two cities have completely formed a situation of continuous short squeeze. If we want to complete the position as soon as possible, we can only follow the market trend and pursue the position." Operation, otherwise it will be difficult to complete the position.”
"If you wait...do you think there is still an opportunity to buy chips at a low price?" Chen Yihe asked.
Gao Xiang replied: "I'm afraid it's very difficult. With this kind of extreme bullish sentiment in the market and extremely abundant financial liquidity, the valuation of the entire market will definitely rise rapidly in the short to medium term, possibly in a wave of After the power of extreme emotions is exhausted, the market will undergo a retracement adjustment to a certain extent, but when this adjustment will come and how high it will rise before it comes, it is completely uncertain.
If we continue to wait, we may miss more market opportunities.
Therefore, my suggestion... is to carry out chasing and buying operations as soon as possible. In the bull market, only when you have chips in hand will you not panic.
Moreover, in this comprehensive bull market pattern.
Even if the purchase price is high for a while and the holding cost is relatively high, it is actually not a big problem.
Mr. Chen didn’t see the main funds that failed to do the ‘high-low switch’ market in the past two days. After being trapped for two days, are they completely freed today?
This shows that regardless of the current market stage, the cost of buying is high or low.
As long as the bull market trend does not change, it is simply unstoppable. Temporary losses will always turn into final profits. "
"Okay!" Chen Yihe nodded slightly, "In this case... we can only build a position quickly. I hope that the Shanghai Stock Index can break through 3,500 points as easily as 3,400 points."
Gao Xiang said with a smile: "The market turnover is still expanding rapidly, and there are continuous benefits in the future. From an expectation, the Shanghai Stock Exchange Index should not encounter any major obstacles before it reaches 4,000 points."
After saying that, he quickly started to follow Chen Yihe's ideas.
Instruct the two trading teams in the trading room to quickly buy chips to increase their holdings of the 'Yihe No. 2' fund product.
At the same time, in the capital's 'E Fund' public fund company, several fund managers in the asset management business department faced the newly established new fund product position building plan, which was more complicated than the new fund product position building plan of 'Yihe Capital'. Be more radical.
Among them, a tens of billions-level main fund product.
Under the hot market conditions, its fund managers simply sprinkled the newly raised funds into the market like happy beans, buying tens of millions, tens of millions, or even hundreds of millions of dollars.
Likewise, Yanjing and Magic City.
Many securities firms, banks, and insurance institutions have self-operated asset management business centers.
Many fund product managers, as well as asset management business managers, are faced with insufficient positions in the fund products they manage and insufficient chips. At this time, they see that the market has continued to rise in an extreme manner, and the overall general upward trend is no longer possible. In order to stop it, they are also extreme in increasing their positions and buying.
With the extreme and continuous buying of these main financial groups, and the continuous following of the majority of retail investors.
When the trading time of the two cities entered 2 o'clock in the afternoon and entered the final late trading time, the short squeeze trend of the two cities became more and more intense.
‘Crazy, this market is crazy! "
At 2:10 pm, in Yanjing, Huashang Securities’ proprietary investment department, the main fund trading room, fund manager Wu Dayong was shocked and stunned by the continued short squeeze and rise of the Shanghai Stock Exchange Index, which was approaching the 3,500-point mark. Several major players in the entire market The core index, despite serious technical deviations, not only did not adjust, but rose more and more, becoming more and more outrageous.
"Hehe... It's okay to be crazy." Behind Wu Dayong, Liao Guanghua, the general manager of the asset management business with sharp eyes and a smile staring at the big screen in the trading room, said with a smile, "How can you call it a bull market if you are not crazy? This is a bit of a bull market. It looks like the market has reached this point and has fully unleashed the long potential both inside and outside the market, forming a clear bull market trend.”
"Such a short squeeze is too aggressive." Wu Dayong responded.
Liao Guanghua said: "Although we are radical, we have to respect the trends and trends of the market. We don't need to think too much, just continue to increase our positions if we have funds. At this time, the core stock chips of the two cities are the most precious and sexy." ” is the time when certainty is strongest. ”
"The positions of several of our main fund products have reached 75%." Wu Dayong responded, "There is no need to continue to increase positions upwards, right?"
Liao Guanghua pondered for a while and said: "Let's increase the overall position to 80%!"
"This leaves no room for flexible transaction switching." Wu Dayong said, "In case of an uncontrollable extreme correction and decline in the market..."
Liao Guanghua interrupted Wu Dayong and said: "Don't worry, the net profits of several of our main fund products are already quite a lot, right? With enough profit cushion, even if we encounter an extreme market correction like last Monday, The trend is also harmless. We continue to increase positions at this position, and the profit and loss ratio is still very good, and... I can almost conclude that there will be major benefits to be announced in the future. Our overall trading strategy should be relatively aggressive. That’s right.”
"Okay!" Wu Dayong nodded.
He quickly followed Liao Guanghua's trading instructions and continued to issue trading instructions to the trading groups he was responsible for to continue to increase positions and buy chips. (End of chapter)