The investment era of rebirth

Chapter 439: Full withdrawal of market hot money!

At the same time, 'infrastructure', 'state-owned enterprise reform', 'Internet finance' and even 'big finance' and other core main areas that have shown performance in the session today, a number of related industry sectors, concept sectors, and a lot of market attention

The most popular stocks also retraced across the board, with many stocks giving up all their intraday gains, and at this moment, they set new intraday lows.

Especially some popular stocks such as Beixin Road and Bridge, Beijiang Communications Construction, and Kumho Group.

At this moment, the stock price has not only given up all the intraday gains, but has also fallen underwater, hitting a new adjustment low. Among them, the decline of Beixin Road and Bridge has reached 5%, and is still expanding rapidly.

Then, when the time entered 2:50, the market ushered in the last ten minutes of trading.

After the decline of Beixin Road and Bridge reached the lowest drop of 8.25%, it finally rebounded sharply. At this moment, other popular stocks and popular main lines in the market also ushered in a large amount of bargain-hunting funds, and the stock prices of related stocks began to rise.

Rapid recovery from intraday lows.

At 2:51, the Shanghai Stock Index returned to 2245 points.

At 2:53, Beixin Road and Bridge's decline rebounded to 5%, and the Shanghai Stock Index climbed to 2248.37 points.

At 2:55, the real estate sector rose back to 2%, Kumho Group's stock price turned red again, and the Shanghai Stock Index rose back above the 2250 mark.

Finally, when the market closed at 3 o'clock...

The Shanghai Index was set at 2253.69 points, up 0.73%. The Shenzhen Index and the ChiNext Index rose 0.79% and 0.87% respectively. The turnover of the two cities was 106.532 billion. It continued to maintain a state of relative shrinkage, but it still maintained relatively active trading in the market.

above the 100 billion mark.

"Yes, the check of Beixin Road and Bridge has fallen a lot at first, but if I look carefully and enlarge the K-line chart, I find that it has only fallen to the halfway point of the whole round of speculation. The tide has receded... If this check is going to fall back to the original point of speculation

If so, then it’s really… quite low.”

"In short, I think the index has reached more than 2,200 points. No matter how the market trend falls short of expectations, there is no need to be too pessimistic."

"Hey, I just thought that Beixin Luqiao was going to rise again, so I took over the increase of more than 7 points, but I didn't expect..."

"Originally, the market has not yet completed bottoming, and I really can't tell what the market outlook will be."

"The overall valuation of 'military industry' should be the highest in the entire market, higher than a number of 'growth stocks' on the SME board and GEM."

"This sector is designed to move with the news, so we shouldn't have too high expectations."

"Yesterday the 'national team' protected the market, and today the regulators have introduced favorable intervention. Even if the market bottom has not yet reached, it should be the 'policy bottom' here, right?"

"I feel that the market's plunge mainly started with the failure of the Beixin Road Bridge to seal the daily limit."

"Indeed, the performance of Beixin Road and Bridge today was quite tragic. Although comparing the opening and closing prices, the overall decline was not large, only 2 or 3 points, but the intraday amplitude was really scary, and it almost went to the ground.

The trend is up, to be honest... I still don’t understand why, in such a good mood at that time, the daily limit of Beixin Road and Bridge was not sealed. If Beixin Road and Bridge could seal the daily limit at that time today, maybe the market pattern today would be different.

It has completely changed and it will not be what it is now.”

"Originally, the increase in April and May did not increase much, and it is estimated that the decrease will not be too deep. No matter how pessimistic it is... the 2,200-point range is almost the same."

However, compared with the previous situation where the market investment sentiment was on the verge of collapse, it has significantly eased. This has caused a slight recovery in the market's bullish investment sentiment. At the same time, it has also shown certain signs of stopping the decline, which has made the market broad.

Investors are no longer extremely pessimistic about the market outlook.

Beixin Road and Bridge finally closed down 4.35%, Beijiang Communications Construction finally closed down 2.19%, Kumho Group finally closed up 0.78%, China Fortune Land Development rose 2.13%, Gemdale Group rose 2.45%... Overall, the overall performance was still slightly stronger

performance in the market.

Although the core main lines of 'infrastructure', 'state-owned enterprise reform' and 'Internet finance', as well as their related industry sectors and concept sectors, all suffered a sharp plunge in the late trading stage, in terms of closing results, these main lines

Related industry sectors and concept sectors are still leading the gains in the two markets. They are still the most eye-catching areas in today's market and have a slight money-making effect.

During the intense discussion among the many retail investors gathered about today's market...

"Hey, if it weren't for those two waves of diving, I feel like the index could be reversed."

"So, the market bottom is not far away?"

“Is it normal for ‘big finance’ to be like this?”

"It's definitely not far away, right? 2200 points is probably about the same."

"Yes, it started when Beixin Road Bridge closed its daily limit. Alas... this check is really powerful in guiding market sentiment."

Generally speaking, today's market trend performance is good.

They all took the form of sharp dives in late trading, almost completely recovering all the intraday gains, and returned to a weak situation, becoming the core main line area of ​​the two cities after the "big finance" field with a more obvious money-losing effect.

The market time was also refreshed among many discussion topics and exchange information. With a quick swipe, it was 5:30 pm before I knew it.

As for the related industry sectors in the "big financial" field that were once highly anticipated by investors, stimulated by the good news of "Shanghai-Hong Kong Stock Connect" before the market opened, such as "securities, banking, and insurance", and the performance of their related core component stocks.

, are far less than the expectations of market investors, and it has become the area with the largest net outflow of main funds, the strongest money-losing effect, and the weakest relative trend in today's market.

Of course, except for the performance of the 'big finance' sector, which is far from expected.

'Military Industry', 'Nonferrous Metals', 'Coal', 'Pharmaceutical', 'Consumer' and other main areas, related industry sectors, concept sectors also performed weakly, especially in the 'Military Industry' field, there were signs of heavy volume declines

, led the decline in all industry sectors in the two cities, forming a sharp contrast with yesterday's main line bucking the trend and rising sharply, leading the way.

The Dragon and Tiger list disclosed by it shows that the five largest selling seats sold a total of 220 million chips, while the five largest buying seats only bought 130 million, and the total net sales volume reached a terrifying 90 million, ranking

Among the popular stocks on the Dragon and Tiger list, the net selling volume is the highest.

"Sure enough, hot money is in full retreat, and the market still cannot get rid of its weak situation."

"I will not comment on other views, but I agree that market trends are often anti-human."

"What is this indicating?"

"Indeed, the two consecutive waves of diving in the afternoon were still too violent."

"It's a pity that this check, based on today's trend, is unlikely to have a 'dragon turns back' trend again."

Faced with such a closing situation, some people among the large group of retail investors who gathered for discussion at the online stock investment forum after the market breathed a sigh of relief and sighed.

"Indeed, 'Big Finance' is really miserable, laying down layers and layers of funds that followed the trend in the early trading!"

“The ‘military industry’ line is inherently bottomless.”

"Indeed, in the short term, it is better to avoid it first. The main hot money players are all leaving the market. At this time, if you take over the market from a high position and rush in without thinking, you will really dislike the hot money in your hands."

"It seems to be true. Today, a number of popular stocks that have attracted the most attention in the two cities are actually in quite bad shape. On the contrary, the conceptual components of the main themes of 'infrastructure', 'state-owned enterprise reform' and 'Internet finance' are not so popular."

The trend of stocks is obviously better."

As for the main lines of the market, industry sectors, concept sectors, and the performance of related popular stocks.

"Indeed, yesterday's 'military industry' led the rise, and today's 'military industry' has become the main sector leading the decline in both cities. It's simply... there is no market continuity at all."

"The reason why Beixin Road and Bridge is going like this today is essentially because the market's bullish sentiment of following the trend has not been unleashed, and there are too few main funds that dare to take over the market at a high level."

"It's not a joke, it's just following the trend, and there are obvious problems."

"Let me go, hot money is thinking this way, does this mean that the market outlook is still worrying?"

"It seems that it can be said that! According to the past historical market performance, after the 'policy bottom', it will be the market bottom."

"Is this normal?"

"Why is it abnormal? Market trends are inherently anti-human, and strong consensus expectations do not mean that the market will definitely rise. To be honest, the main line of 'big finance', when the market continued to plummet, was

Relatively shouldering the heavy responsibility of the pallet, the overall decline is far lower than the main line in other areas of the market. Now that the market has gradually stabilized, it is normal for this main line to slowly make up for the decline. The so-called 'good news is a bad thing' is nothing more than this.

"

"So, it feels like the market has not bottomed out yet?"

"The intraday amplitude of Beixin Road Bridge is really big today, almost 20 points!"

"The index does not feel like it will fall too deep, but looking at today's market trends, high-level concept stocks on the popular main line are still in areas that need to be strongly avoided."

"It makes sense. The current market, no matter whether it is large funds or small funds, is not very friendly to high-level concept stocks."

"Yes, if you look at the average valuation of all stocks in the 'military industry' sector, compared to the entire market, it is still high. In terms of investment value alone, it is simply ridiculously expensive."

At the final close, in this sector, there were a number of core component stocks that performed well during the session.

"After all, Beixin Road and Bridge is still the core leading stock that attracts the most market attention!"

"The decline has stopped, but under the impact of positive news, the market is still like this. To be honest... it is obviously lower than expected."

"No one has much expectations for the 'military industry' line, but what the heck... this trend is too weak. Most of the other major lines in the key market are shrinking and oscillating. This line actually appeared today.

It bucked the trend of heavy volume and fell, and it still fell with heavy volume at a relatively low position. Can you believe it?”

"Well, it is true that the stocks that fell sharply today are concept stocks dominated by hot money."

I saw Beixin Road and Bridge, Beijiang Communications Construction, Kumho Group, Shanghai Sanmao, Shanghai Steel Union, Hongdu Airlines, Shanghai Construction Engineering... and other popular stocks with high market attention on the list, and there was no trace of them.

Unsurprisingly, these popular stocks on the list performed relatively weakly during the session, and the main capital outflows were very obvious. On the trading seats of the Dragon and Tiger List disclosed, all the main hot funds showed a net selling state.

"No one talks about 'military industry'? The performance of the main line of 'military industry' today is really miserable!"

"The benefits of the Shanghai-Hong Kong Stock Connect were released in the morning. Everyone knew that 'big finance' would definitely be a hot spot after the market opened. Unexpectedly, under unanimous expectations, this line could actually go like this, and it almost became the main line leading the decline in the two cities.

.”

"Fortunately, the decline has finally stopped!"

“The main funds kill without blood!”

"Yes, this trend of rapidly rising and then falling rapidly during the session is really a scam."

"Actually, whether the 'military industry' sector has a market trend or not does not depend on valuation and performance."

Today, there was some performance in the session, especially near the midday session and early afternoon session. There was a short-term concentrated rise in the small and medium-sized boards. The two main lines of the GEM were 'mobile Internet' and 'smartphone industry chain'.

The 'growth stock' sector, however, failed to continue its strength to the close.

“The key is that the news is not good enough, and the market sentiment and risk appetite are at a low level. People prefer to invest in defensive sectors in low-valuation areas. There is not so much certainty, and the valuation is obviously at a high level.

The so-called 'story tickets' are not so recognized, and the level of participation and enthusiasm for following the trend are not high. This is the fundamental reason why a number of stocks with high valuations continue to fall, and the stock price decline has never bottomed out."

Especially the Beixin Road and Bridge stock...

"Hey, I finally took over a leading stock in the market and lost 11 points in one day. Damn it... the short-term market truth of 'the strong get stronger' is a joke!"

"It shows that the active hot money groups in the market are taking advantage of the market rebound. Instead of increasing their positions, they are continuously reducing their positions and leaving the market."

At this time, the dragon and tiger rankings of the two cities were refreshed.

"Obviously at the beginning of the afternoon session, the market's long sentiment was very good, but I don't understand why it suddenly collapsed?"

"The most miserable areas today, the areas with the most obvious money-losing effects, are the popular stocks that have attracted the most attention in the market, such as big finance and the military industry."

Given the positive stimulus from the Shanghai-Hong Kong Stock Connect before the market opened, it was obviously lower than expected.

Among them, related popular stocks...

Seeing the data of the Dragon and Tiger List disclosed by the two cities, at this moment, within the Yuhang Jingda Investment Company, in the main fund trading room, the fund manager Lin Tingzong sighed softly and said with emotion: "It seems that the market is still far away from the real stage bottom.

There is a long way to go, and it is even further away from the reversal of the long-short trend!”

"Are you so pessimistic?" Gu Chijiang, who was next to Lin Tingzong, smiled and said.

Lin Tingzong responded: "It's not pessimism, but the trend signs shown by the market. That's it. Today's trend... It seems that the index has stopped falling, but in fact, the market performance is weaker than the previous two days."

"Weaker?" Gu Chijiang was a little surprised and said, "Why do you say that?"

(End of chapter)