Rebirth of the investment era

After that, the final collective bidding time of 5 minutes has passed.

When 9:25 arrived, the two markets were frozen.

The Shanghai Stock Exchange Index opened sharply lower to about 63%, and the Shenzhen Stock Exchange Index and ChiNext Index also opened lower by more than 5%.

With several major market indexes generally opening sharply lower.

In terms of major main areas of the market...

'Infrastructure', 'military industry' and other popular themes in the early market, as well as a number of concepts surrounding the early core concepts such as 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central and State-owned Enterprises' Sectors, as well as core stocks in these main areas and concept leading stocks, basically all opened sharply lower.

Among them, the 'National Defense and Military Industry' industry sector index opened directly lower to about 2%.

In particular, the stocks that were previously heavily held by the 'Yuhang Group', such as 'China Airlines Optoelectronics, China Airlines Shenyang, Aircraft Power, Huaguo Construction, Huaguo MCC, Huaguo Railway Construction...' and other stocks, opened lower and fell. It is as high as more than 5%.

Overall, the main financial groups holding these stocks are very determined to sell these stocks.

This also caused these early popular main lines to completely lose their previous strong attitude. From the opening, they became the leading falling sectors in the two cities.

The main line area of ​​‘technological growth’.

The corresponding industry sectors, concept sectors, and opening patterns are not much better compared to the early popular main lines such as 'infrastructure' and 'military industry', and they have also shown a low opening trend. Among them, 'LeTV, Internet Speed ​​Technology, Huayi Brothers...' and other stocks also opened lower and fell by more than 1%, and the selling trend of main funds was equally obvious.

The main line area of ​​‘big finance’.

The 'banking' and 'insurance' sectors maintained a trend of shrinking and opening slightly lower, which is relatively stable compared to the opening trend of the entire market.

However, the 'brokerage' sector has become the sector where funds are mainly driven down.

Stocks such as 'Huaxin Securities, Huatai Securities, Huatong Securities, Huashang Securities, Everbright Securities...' that had a profit-making effect and increased during the session yesterday also opened lower by more than 1%, and during the entire call auction stage, there was no selling The volume can be greater than that of core stocks in other fields.

As for the hot concept sectors of ‘sports industry development’ and ‘sub-new stocks’ that have maintained good profit-making effects yesterday.

During the collective bidding process today, there were also several major discrepancies on the market.

Except for the two leading concept stocks "Leiman Optoelectronics" and "Blue Stone Heavy Equipment", the rest of the concept stocks in the field generally showed a low opening trend.

And even the two leading concept stocks, ‘Leiman Optoelectronics’ and ‘Blue Stone Heavy Equipment’.

The range of the high opening is not high.

The check for 'Leiman Optoelectronics' was opened at an increase of only 11%, and the entire call auction turnover reached more than 42 million, which can be said to be a substantial increase in volume; the check for 'Bluestone Heavy Equipment' was opened at an increase of 59% , the entire call auction turnover has reached more than 50 million. Compared with its already small circulation market, this volume has fully demonstrated the huge long and short differences on its market.

Overall.

According to the opening situation of the two cities, the market sentiment is very poor.

Faced with such an opening situation, during the short 5-minute suspension period from 9:25 to 9:30, the majority of investors inside and outside the market obviously felt sighs and sighs in their hearts. I feel that this opening is obviously not as good as expected.

At the same time, many investors.

At this time, I feel more and more that there is a high probability that the market will not be able to continue to rise, and that there is a high probability that it will continue to adjust downward, or even risk a plunge.

So, when the 5-minute short suspension time passed.

When 9:30 arrives, the two cities enter the formal continuous bidding trading period.

The entire market is in a relatively pessimistic mood, under the influence of the cautious wait-and-see mood of numerous investor groups, and many active main capital groups.

With the emergence of huge selling volume, the funds accepted by the market suddenly stopped.

But when this position and the funds taken over are unable to catch the huge amount of selling that emerges.

Almost instantly, all the main lines of the market, various popular concept areas, and countless stocks began to plummet in volume, driving the index straight downward.

Even in the atmosphere of general decline in the whole market.

The two core concept leading stocks, 'Leiman Optoelectronics' and 'Blue Stone Heavy Equipment', were also hit by huge selling at this moment, and were directly hit underwater. The market shape changed from an obvious sharply higher opening to a flash crash. Declines of around 2% and 1%.

At 9:35, it was only 5 minutes before the official opening.

The Shanghai Composite Index, Shenzhen Composite Index, and ChiNext Index all fell below 1%. The Shanghai Composite Index once fell directly below 2850 points and moved closer and closer to 2800 points.

At the same time, "infrastructure", "military industry" and other early popular main lines.

Low-level main lines such as 'tech growth', 'big consumption', 'non-ferrous cycle' and 'big finance', as well as new hot concept main lines such as 'sports industry development' and 'sub-new stocks', no main line can be maintained at this moment. The stable market situation can also support a certain profit-making effect, and everything has turned into a downward trend.

At 9:42, the Shanghai Stock Index fell to around 5%.

Among them, the major industry sectors of ‘National Defense Industry’, ‘Real Estate’, ‘Securities’, and ‘Film and Television Media’ led the decline.

The intraday decline of ‘Leiman Optoelectronics’ expanded to 5%.

The intraday decline of 'Blue Stone Reload' has reached a straight line of about 3%. The intraday amplitude has been close to 10% in more than ten minutes, and the intraday transaction volume has exceeded yesterday's day in just more than ten minutes. The turnover can be said to be hugely different and explode in volume.

"Boss, this market looks like it's completely collapsed!"

When the Shanghai Stock Index fell by more than 5% and was still almost 3% away from the 2800-point support position below, at 9:45, inside Yuhang and Yuhang Investment Company, in the main fund trading room, Wang Can looked at the two people with some surprise. He looked at the market trading board and reported to Su Yu on the side: "Looking at the situation, the Shanghai Stock Index obviously cannot hold on to 2800 points. The emotional situation of the entire market has reversed. I feel that today's market plunge is inevitable."

"The decline across the board is really tragic." Zhao Lijun also responded at this time, "The market has fallen for the third consecutive day. It feels like this early wave has caused a lot of panic trading."

"This should be considered a good thing, right?" Seeing Su Yu pondering without speaking, Li Mengmeng thought for a moment and responded, "With this wave of decline, the chip structure of the early popular main lines such as 'infrastructure' and 'military industry' has been completely loosened. , and the differences between the 'Sports Industry Development' and 'Secondary New Stocks' sectors, as well as the main areas of 'Technology Growth', have also expanded rapidly, and profit-making stocks have been sold across the board. From another direction, we are waiting for the opportunity to switch the main line of the market. It seems to have arrived.”

"So fast, the Shanghai stock index has fallen by 75%." At this time, Liu Yuan also said with some surprise, "Master, the two checks of 'Huaguo MCC and China Airlines Optoelectronics' went straight to the limit."

"The brokerage sector cannot escape today!" Zhu Tianyang also said, "The money-making effect of the market is almost zero today. Even the check for 'Blue Stone Heavy Equipment' collapsed today."

When Zhang Guobing heard what everyone said, his heart moved. He hesitated, looked at Su Yu, and said: "Mr. Su, the form and expected changes of popular main lines such as 'infrastructure' and 'military industry', 'technological growth', 'big business', etc." Consumption', 'Non-ferrous Cycle', 'Sports Industry Development', 'Sub-New Stocks'... and a series of main line areas also fell across the board today. The main funds were falling, but there was no difference.

At this time, if we forcefully trigger the market, the market will already be in panic mode.

If you concentrate your funds and develop your emotions, it will be a good opportunity to guide the market to change the main line! "

Su Yu took a serious look around everyone in the trading room and responded with a smile: "The opportunity I mentioned before has almost arrived, but the level of panic on the market at the moment is not enough. We have to wait for the backlog of selling orders to become more intense. It should be larger to better reduce the pressure above the disk, so that... we can activate the disk and focus on pulling the disk, and the pressure will be smaller."

With the sound of his voice...

At this moment, the market continues to fall, and the Shanghai Stock Index has fallen by more than 2%.

Moreover, the panic selling behavior of many popular main lines, as well as corresponding component stocks and concept stocks, has also been fully formed, and countless funds are cutting positions to stop losses.

At 9:55, the Shanghai Stock Exchange Index fell to the 25% point, and China Airlines Optoelectronics and Huaguo MCC plummeted to the limit.

At 9:56, the decline of 'Leiman Optoelectronics' expanded to 4%, and the decline of 'Bluestone Heavy Equipment' expanded to more than 5%, with the intraday amplitude greater than 10%.

At 9:57, the core industry sector indexes in the main fields of 'infrastructure' and 'military industry' such as national defense and military industry, real estate, and building decoration, all fell by more than 4%, including 'domestic aircraft carrier', 'Beidou Navigation', and 'commercial real estate'. The development of the concept sector has even set off a trend of falling to the limit.

At 9:58, LeTV hit its daily limit, and the corresponding stocks in the 'Film and Television Media' sector plummeted, and funds fled like a torrent.

At 10:01, the brokerage sector fell by 2%. After a sharp decline at the beginning of the session, Big Finance actually showed a relatively resilient trend at this moment.

At 10:05, in the two hot areas of ‘sub-new stocks’ and ‘sports industry development’, stocks that had risen sharply in the previous few trading days all showed a trend of falling in a straight line, or even falling to the limit.

At 10:07, the entire market collapsed, and capital flight became more violent.

At 10:10, when countless financial groups holding positions on the market realized that the market was plummeting and unstoppable, they further fled and began to compete for market liquidity.

At 10:12, under the influence of the flash crash trend of numerous stocks, the Shanghai Stock Index fell sharply, and the market decline instantly expanded to more than 3%, and directly broke through the so-called support position of 2800 points.

When the Shanghai Stock Exchange Index broke through 2800 points.

The investment sentiment of the entire market and the panic selling reached extreme levels.

"Damn it, what the hell? Killing all 2,800 points in one wave? Isn't that terrifying?"

At this moment, as countless funds fled and panicked, countless retail investors who gathered on the stock discussion platform on the Internet felt their hearts collapse.

"I'm speechless. Where's the promised bull market?"

"It's still a bull market. It's going straight down to 2,500 points. Damn it, I didn't expect it to plummet. Look at this trend... The Shanghai Stock Index didn't fall by 4 or 5 points today. It can't stop at all."

"Hey, it's over. I just chased the high yesterday and lost 12 points in an instant. Should I cut it?"

"Cut it! This kind of straight-line plummeting market trend, why not cut the flesh and wait for it? This kind of plummeting trend is usually difficult to repair."

"I feel that the rebound that started in June should be completely over by now."

"Don't look any further. There will definitely be no good market conditions in the last two months of the year."

"Ah! It's stopped, damn..."

"I will say that the popular main lines of 'infrastructure' and 'military industry' have been trading sideways for a month. If they cannot go up, they will definitely plummet. Facts have proved...the popular main lines of 'military industry' and 'infrastructure' The market situation is completely ruined."

"The main funds in the market are simply crazy. They are falling like this."

"The main financial groups gathered in the main fields of 'infrastructure' and 'military industry' have their costs too low, and they can still make money by panic selling."

"Not to mention the high-level popular main lines such as 'infrastructure' and 'military industry' have fallen. For Mao, main lines such as 'tech growth', 'big consumption', 'big finance' and 'non-ferrous cycle' have not risen at all. It also plummeted, what the heck... especially 'LeTV' actually dropped to its limit, can you believe it?"

“I’ve already told you not to buy junk stocks like LeTV.”

"'Blue Stone Heavy Equipment' has also collapsed. The market leader has collapsed, so there is really no hope."

"It's already 21 boards. It's crazy enough. If it doesn't collapse, can it still grow to the sky?"

"Sell it. If you don't sell it at this time, you will be trapped on the top of the mountain again."

"As for Mr. Su, I didn't see Mr. Su's "Wealth Road" this time. The market has collapsed. These main financial groups in the market really have no structure."

"With all the mud and sand falling, do you want Mao's pattern?"

"Run away, run away... 2800 is broken, and there will be no support below before 2500."

"Damn it, the Shanghai stock index has fallen by 25%. At least there was a good thing last night. It's crazy to have such a sharp decline... Hey, it's really difficult to make some money in the market."

"Oh my God, you are forcing me to sell it!"

"Hey, main force, you really won. Take my bargaining chip..."

Following the extremely heated discussions among countless retail investors, after being suddenly stunned by the market, they followed the trend and sold in panic as a subconscious reaction.

At this moment, a group of major financial groups are staring at the market.

Such as a group of institutions that still hold large-scale positions and have continued to increase their positions before.

At this moment, while reducing positions and taking profits and losses, I was completely surprised by the plummeting trend of the market today.

Even a large number of hot money groups have internal communication groups.

After everyone saw the extreme decline in the market, which directly broke the 2800-point support, they were stunned and had to quickly reduce their positions.

Even before, I thought about taking over the chips at 2800 points and making a lot of funds for a rebound.

At this moment, after seeing the decline of the Shanghai stock index extending to more than 3%, I instantly stopped thinking about buying the bottom and kept reminding myself to hold back.

However, this is the investor group in the entire market.

They all began to be greatly shocked when the market plummeted, turning from long to short, and panic selling chips.

At 10:36, the Shanghai Composite Index reached its lowest level of 49 points, and quickly fell back for a short period of time.

Yuhang, inside the Yuhang Investment Company, in the main fund trading room, Su Yu stared at the rapidly changing market conditions of the two cities, his eyes became sharper and sharper, and in a deep voice, he issued instructions to all the trading groups in the trading room: "The time has come, everyone, Go ahead and dump hundreds of millions of funds into the 'brokerage' sector, concentrate your financial advantages, fully unleash the sentiment and money-making effects of the entire sector, and complete the market's intention of switching between high and low on the core main line!"

With Su Yu's voice, it spread throughout the main fund trading room.

The four trading groups, all the core members of the trading group, nodded in response, and then, with the fierce crackling of keyboards, a huge amount of funds, through trading instructions, poured down on the brokerage section!