The investment era of rebirth

Chapter 725: ‘High-low switching’ within the sector!

At 9:16, after just one minute of rapid market changes, the initial call auction patterns of the two cities became more obvious at this moment.

I saw that the popular industry sectors related to the two core main lines of "big finance and big infrastructure" opened higher across the board.

'Big consumption, non-ferrous metal cycle, petrochemical industry, coal, pharmaceutical business...' and other industry main lines that attracted many short-term capital groups chasing highs yesterday, related industry sectors, and concept sectors have basically all shown slight declines.

The opening trend, especially the 'coal' sector, was affected by the continued decline of the black futures market last night, and it opened directly lower with a drop of more than 1%.

The performance of popular stocks in two cities, core stocks with heavy weights, and leading stocks in the industry.

'Huaxin Securities', a core stock with absolute weight in the main line of 'big finance' and even the securities sector, initially opened higher at a 0.79% increase. In terms of real-time market performance, active long orders were slightly larger than those of sell orders.

For orders, the stock price showed an upward call auction trend.

'Hua Investment Capital', a popular leading stock in the securities sector, initially opened at a high of 1.08%. It is not very strong, but its performance on the market is very stable. The active bulls accepting buy orders are far greater than the concentrated sell orders.

The stock price also showed a positive upward call auction trend.

The check of ‘Western Securities’ opened at a higher level of 1.23%.

Its initial call auction increase is slightly stronger than the performance of the securities sector index at this time, but the long-short differences in the real-time market performance are not small. The number of orders to be matched is rapidly amplifying over time, but its stock price is increasing in the number of orders to be matched.

Amid the amplification, there is no further upward trend.

This shows that the initial call auction performance of this check is obviously not as good as that of ‘Huaxin Securities’ and ‘Hua Investment Capital’.

In addition to these three popular securities sector weight stocks.

Pacific Securities, Southwest Securities, Huaxin Securities, Xiangcai Securities...the real-time market performance of these low-price securities stocks is also significantly stronger than the performance of the securities sector index.

On the other hand, like Huashang Securities, Huatai Securities, Huatong Securities, Founder Securities...these securities-weighted large-cap stocks with generally large market capitalizations have real-time market performance that is significantly weaker than the performance of the securities sector index. The high opening range is basically

Between 0.5% and 0.7%, it is slightly inferior to the emotional performance before the opening.

As for the banking and insurance sectors in the main line of "big finance".

In the form of initial collective bidding, the relevant core popular stocks, such as Hua Commercial Bank, Huajian Bank, Huanong Bank, Huaguo Bank, Bank of Communications, China Pacific Insurance, Xinhua Insurance, Ping An Insurance, Ping An Bank, and China Commercial Bank,

The core stocks of Shanghai Pudong Development Bank, Industrial Bank, etc. are obviously stronger than the heavyweight securities stocks, and the active buying volume on the market is also increasing more rapidly.

As for the main line areas of 'Big Finance', the 'Internet Finance' sector has more active liquidity and flexibility.

The trend of related core stocks and popular stocks is still the strongest in the entire main line of "big finance" and even the entire two cities.

Among them, ‘Great Wisdom’ maintains the trend of opening higher than the daily limit.

‘Flush’ opened higher by 3.75%, and as time went by, the market rose steadily higher.

'Oriental Fortune, Hengsheng Electronics, Yinjie Technology, Changliang Technology, Jinzheng Shares, Tianyu Information, Shanghai Steel Union...' The relatively popular core stocks in these sectors are all opening higher at the moment, with gains of more than 2%.

, clearly outperforming the sector index, and active buying on the market is still increasing.

Other popular stocks, heavyweight stocks and industry leading stocks in the core main areas of "big infrastructure", "military industry" and "technological growth".

'Huaguo Construction, Huaguo Railway Construction, Huaguo Communications Construction, Huaguo China Construction...' and other infrastructure-heavy stocks with the prefix "Hua" opened higher at the beginning, slightly weaker than many securities-heavy stocks. Most of them

It is between 0.4% and 0.6%, but there is also a check of China Metallurgical Metallurgical Co., Ltd., which has been severely sold, and has a short-term slightly lower opening pattern.

As for 'Beixin Road and Bridge, Shanghai Construction Engineering, Beijiang Communications Construction, Yingkou Port...' these are the popular leading stocks in the core concept fields of 'Shanghai Free Trade Zone', 'New Era Road, Maritime Silk Road' in the past. At this moment,

All stocks opened sharply higher, and none opened higher by less than 1%. Among them, "Shanghai Sanmao", a leading stock in the "Shanghai Free Trade Zone" concept, which saw a sharp decline yesterday, exceeded expectations.

opened higher at 4.22%.

The main line field of ‘military industry’.

Large-capitalization 'military industry' core weight stocks, such as aviation power, Northern Navigation, China Airlines Shenyang, China Great Wall, etc., have relatively large opening ranges and strong trends, while 'China Airlines Heavy Machinery, Hongdu Airlines,

Aerospace development, bluestone heavy equipment, flight integration...the opening trend of the initial call auction for these popular concept stocks in the main line of 'military industry' was relatively weak. Only half of the stocks opened significantly higher, while the others did not.

A flat opening means a slightly lower opening.

And there are a number of popular stocks, core weight stocks, etc. in the main line of "technology growth".

The trend pattern of the main line of ‘military industry’ is somewhat similar.

They are all stocks with relatively large market capitalization weights, but their trends are stronger. Small-cap concept stocks that have been favored by short-term funds in the past are relatively weak.

Through such individual stock performance patterns...

It can be seen that the overall market pattern of the two cities is still focused on the main line areas of 'big finance, big infrastructure, military industry, and technological growth', and in the more core main line areas of 'big finance, big infrastructure', the path for funds to actively attack

, a bit of a 'high-low switching' form, and in the main line areas of 'military industry, technology growth', funds still prefer weighted core stocks with higher liquidity and certainty.

In addition to the performance in these main line areas.

In the past, in the market, the line of ‘sub-new stocks’ was once concentrated and continuously speculated by short-term funds.

The performance at this moment is obviously that the fever has subsided. The entire "sub-new stocks" sector index has only opened slightly higher by 0.23%, and within the sector, red stocks and low-opening stocks have basically reached a 50-50 open situation.

Of course, among them, the check of Huake Shuguang, a "sub-new monster stock" that has attracted great attention from the market.

After hitting 17 consecutive daily limits, it still opened sharply higher today. At this moment, the market increase is at 8.99%, and there are as many as 14,900 trading orders planned to be matched on the market.

9:17, 9:18, 9:19...

The market pattern of the two cities, as well as the market pattern, are still in this form and continue to deepen.

Gradually, several major industry sectors such as banking, insurance, and securities led the gains in the two cities. Commercial real estate development, construction decoration, building materials, public transportation, machinery and equipment...many "big infrastructure" core industry sectors ranked second in terms of gains, and then

The two major industry sectors of Internet software and Internet applications are following the overall pattern of red market.

As for the concept section.

The Internet financial sector led the gains, and a number of core concepts and themes such as 'New Era Road, Maritime Silk Road', 'Shanghai Free Trade Zone', and 'Reform and Reorganization of Central and State-owned Enterprises' followed suit.

And when the time moved to 9:20.

When the two cities enter the real call auction stage where orders cannot be cancelled.

I saw the market situation of the two cities after a large number of false orders and cancellations between 9:15 and 9:20...

Banking, insurance, and securities major industry sectors still led the gains.

The two major industry sectors of machinery and equipment and public transportation stood out from the numerous "big infrastructure" related industry sectors and ranked among the top five growth lists in the two cities.

After that, architectural decoration, building materials, commercial real estate development, Internet applications, and Internet software each showed their performance.

As for the low-level main line areas, the weak cyclical industry sectors of coal, non-ferrous metals, and petrochemicals have completely become the leading decliners in the two cities at the moment. On the relevant core-weighted stocks, funds are actively selling

The signs of selling chips are very obvious.

Overall, after five minutes of changes on the board.

The active buying situation in the market, as well as the active funds taking the initiative to take over the market, have further gathered towards the two popular main lines of "big finance" and "big infrastructure".

"Looking at this market pattern, the investor groups holding positions in the low-level main line fields of 'big consumption, non-ferrous metal cycle, coal, petrochemical industry, pharmaceutical business...' that had a short-term profit-making effect yesterday are all selling their chips at this moment. These

The related industry sectors and concept sectors have completely become the leading sectors in the two cities." At 9:21, in the main fund trading room of Zexi Investment Company in Shanghai, Zhou Kan, who had been observing the market, said with a smile.

, "The main line rotation logic of the market's 'high-low switching' should have completely disappeared by now, right?"

Xu Xiang squinted his eyes and chuckled: "The time was originally not ripe, so it is very normal for funds to continue to flee from these unexpected main lines of the cycle."

"However, I feel that the two core main lines of the market, 'big finance' and 'big infrastructure', have not attracted much funds from the low-level main lines." Zhou Kan paused and then said, "Like 'Huaxin Securities'

, Huashang Securities, Huatong Securities, Huashang Bank, Huatong Bank, Ping An Bank, Ping An Insurance, China Pacific Insurance...'the call auction trend of these stocks with large market capitalization weights is not worthy of the bullish sentiment before the market.

"

"I have said before that on the 'Big Finance' line, the accumulated profits and unwinding of arbitrage are also quite heavy." Xu Xiang took over and said, "So it is not easy to continue to rise eagerly.

It is possible, unless the market news continues to release major benefits, and the turnover of the two cities can quickly enter the era of 900 billion or even trillions.

this stage……

I estimate that there are two core lines of ‘big finance’ and ‘big infrastructure’.

With the strong logic of future expectations and the support of the fiery bullish sentiment in the market, we should gradually adopt a differentiated market trend."

"Differentiated market conditions?" Zhou Kan was stunned and asked, "Boss, what do you mean?"

Xu Xiang said with a smile: "That is to say, the internal sector switching between high and low. In the core industry leaders of 'big finance' and 'big infrastructure', after the weighted leading stocks completed the initial wave of surge, there were relatively large differences in the market.

At that time, low-priced stocks in the same sector with less upward pressure should quickly make up for their gains, further repair the overall valuation, and continue to amplify the investment value for money of leading stocks."

"Well, that's possible!" Zhou Kan listened to Xu Xiang's words, carefully observed the market, and found that within the main areas of 'big finance' and 'big infrastructure', in the collective bidding stage, the performance was better.

, it seems that it is indeed a group of unpopular stocks in the sector that have not risen much before. "Sure enough, funds are flowing like water. Wherever the investment is the most cost-effective, it will flow in quickly."

Xu Xiang responded: "Yes, this is called 'high-low switching'. The capital groups who guided the market yesterday were completely fooling around."

As the two of them talked...

The time has reached 9:25, and the collective bidding in the two cities has ended.

It can be seen that after the entire call bidding process of 10 minutes before and after, the two markets were still in a high-opening pattern.

The Shanghai Stock Index opened higher at a gain of 0.41%.

The Shenzhen Stock Exchange Index and the ChiNext Index opened higher by 0.29% and 0.17% respectively, opening only slightly higher.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! The A50 index opened significantly higher at 0.63%, while the small and medium-sized board index only reached a flat opening trend, and is still the core index of the two cities.

, the weakest index.

And what’s particularly noteworthy is…

Among the opening performances of many indexes, the performance of each index futures.

The A50 index futures, which has just been listed on the second day, has already shown a premium. Its opening increase fell at 0.82%, which is significantly higher than the performance of the A50 index itself. On the market, investors hold

In the net position, the number of long orders far exceeds the number of short orders.

This illustrates the group of investors who participate in stock index futures speculation or hedging.

Everyone is obviously more optimistic about the performance of the weight stocks of the two cities and the blue-chip stocks of the market, believing that the market pattern of the two cities will continue to perform around the blue-chip weights of the main board.

In addition to index performance, the performance of popular main areas in the two cities.

The major industry sectors of securities, banking, and insurance, at this moment, still maintain the leading position in the two markets.

The securities sector opened 1.21% higher, the banking sector opened 0.79% higher, and the insurance sector opened 0.77% higher. The gains of the three major weighted sectors were all significantly stronger than the Shanghai Composite Index.

Among them, the corresponding component stocks...

The check of Huazhong Capital finally opened higher at 1.46%; Western Securities opened higher at 1.26%; Huaxin Securities opened higher at 1.19%; Huashang Securities opened higher at 1.11%; Huatong Securities opened higher at 1.09

%; 'Southwestern Securities, Pacific Securities, Huaxin Securities, Founder Securities, Industrial Securities...' These low-price securities stocks, as well as the previous low-price securities stocks that had seriously lagged behind the performance of the securities sector, have opened higher at 1.5%.

The rising position, or opening higher than the 1.5% increase.

It is significantly stronger than the popular heavyweight securities stocks, as well as the two core leading stocks of the securities sector, "Huayin Capital" and "Western Securities".

Within the banking and insurance sectors.

This phenomenon and pattern can be said to be exactly the same as that of the securities sector, both showing the pattern of 'high and low switching' of capital preferences within the sector. If you like Rebirth of the Investment Era, please bookmark it: (www.sodu777.net) Rebirth of the Investment Era search and read

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