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Chapter 161 - Chapter 161: The market's ripple effect from leading concept stocks!

At the same time, accompanied by the straight surge of 'Teli A'.

Related sectors of the 'SOE Reform' main concept theme, as well as core popular concept stocks such as 'Chuan Province Jiuzhou, Wanfang Development, Conch New Materials, Star Power, Xinxiang Chemical Fiber, Phoenix Share, Sanxia New Materials...', also rose sharply.

At 9:35 AM, only a short five minutes had passed since the official opening of the two markets.

The turnover rate of 'Teli A' had already approached the 10% mark.

Large groups of short-term primary buying funds aggressively took over chips.

Similarly, a group of short-term investors who were trapped by taking over at high positions earlier also took this opportunity to massively dump chips and quickly cut losses.

Su Yi watched the progressive turnover of 'Teli A'.

He continued to sell chips of 'Duofudo' while buying chips of 'Teli A'.

Since 'Teli A', under an unexpectedly high open, rapidly attacked, creating a profit-making effect and bullish sentiment in the market, and stabilized around the 7% gain, he felt that once the market turnover was sufficiently thorough, washing out the uncommitted chips, it would most likely be able to lock in a limit up.

"'Teli A''s market trend, is it waiting for turnover?"

While Su Yi continued to increase his positions and sweep up 'Teli A' chips, Xu Qiao in his 'Modu Ultra-short Speculation Gang' main speculative fund group saw that 'Teli A' was not rushing to hit the limit up, but instead was strongly fluctuating in the 7% to 8.5% gain range, and couldn't help but say,

"I feel the selling pressure on the market is still quite significant, it won't turn into yesterday's 'Meiyan' trend again, will it?"

Just two minutes earlier, he had already invested nearly 7 million yuan.

And his buying cost was basically around the 7% gain.

He certainly didn't want 'Teli A' to fall back from a high position.

"Today's market trend of 'Teli A' is clearly much stronger than yesterday's 'Meiyan."

Lao Zhang said,

"Looking at the trading status of 'Teli A', the bullish take-over is clearly very strong. Although the market selling pressure is a bit heavy, it absolutely cannot stop 'Teli A''s price from continuing to break through. Anyway, I have already bought 8 million yuan worth of chips and am waiting for this stock to hit the limit up."

"Wait for the turnover."

Lao Wu also said at this time,

"I feel that after 'Teli A''s market turnover rate exceeds 10%, there will definitely be funds igniting the main lock-up."

"Chen Ge, aren't you going to light a fire?"

Xu Qiao @ Chen Ge, asked.

Chen Ge replied,

"With a circulating market cap of over 8 billion, how dare I? I'll just do a mid-way speculative operation. This kind of main lock-up operation for a leading stock has to be done by Brother Su."

"A 10% turnover rate is almost enough."

Lao Zhang said, staring at 'Teli A''s market.

Chen Ge responded,

"I feel it's still a bit short. We need to wait for the intraday volume to show a decrease and the selling pressure to weaken. Otherwise, forcibly locking up at this time could easily lead to a broken limit."

"It shouldn't come to that."

Lao Wu said,

"The 'Qilu Gang' funds already cut losses and exited yesterday. Currently, in the market, apart from Brother Su's main funds, other fund groups cannot cause too much impact on the market. Alas... if I had hundreds of millions of yuan, I would definitely light the fire and lock up the limit."

"Let's wait patiently a little longer."

Chen Ge said,

"The 'Rongchao Business Center' funds also bought a lot of chips yesterday. According to their trading style, they might find it difficult to resist dumping. Theoretically speaking... the market turnover rate needs to reach over 15% to pull up and lock the limit for it to be considered safe."

"Never mind, I'll buy another 7 million to try."

Lao Zhang said, without so many concerns in his mind.

As he spoke, he continued to increase his position and buy 'Teli A' chips, regardless of whether 'Teli A' could continue to break higher or lock in the limit up.

Anyway, he felt that since Su Yi was firmly optimistic that this stock could have a third wave of upward movement, there was no reason not to follow in with a heavy position.

Following the brief discussion among the group members.

At 9:44 AM, Su Yi saw that on 'Teli A''s market, the selling pressure began to weaken, the intraday volume also began to decrease, and at the same time, the market turnover rate increased to about 12%.

He secretly thought,

"It should be almost time. If it continues to fluctuate like this, the market sentiment might turn from strong to weak."

For a popular leading stock.

The strongest period of market expectation is the first fifteen minutes of trading.

If the strongest market situation cannot be created within these first fifteen minutes, and the strongest combined force of various funds cannot be condensed, then it will be twice the effort for half the result to create a strong market pattern and maintain the hot market sentiment later on.

Therefore, generally speaking, to pull up and lock the limit.

The best timing for trading is before 9:45 AM, when the bullish sentiment gathered at the beginning of the trading day and the various active short-term funds are still highly attentive and have strong expectations.

So, Su Yi did not wait for 'Teli A''s market to continue to fluctuate.

The more than 50 million yuan he had available was poured directly into 'Teli A''s market, leading the charge to ignite the lock-up.

When over 50 million yuan, more than ten thousand lots of large primary buying orders, instantly swept the market.

All the sell orders hanging at the limit-up price for 'Teli A' were instantly swept away by Su Yi's buy orders placed at the limit-up price.

Immediately, before too many people following this stock could react, 'Teli A''s stock price once again surged directly, heading straight for the limit up.

At 9:45 AM, 20 seconds after Su Yi's large orders bombarded the market.

'Teli A''s stock price hit the limit up.

And the moment its stock price touched the limit up.

The entire market, countless investors following this stock, seeing that there were main funds leading the charge to lock the limit, also rushed to place orders to snatch chips, causing a huge amount of active short-term funds to surge in an instant, rapidly consuming all sell orders on the limit up board, smoothly locking 'Teli A''s stock price at the limit up.

"Damn it, I was a second too slow."

Seeing 'Teli A''s stock price instantly lock the limit up after hitting it, Golden Field Bro Wu Mingze, who had already placed an order but failed to snatch chips at the limit up, couldn't help but frown and helplessly complain.

Afterward, he turned to trade 'Chuan Province Jiuzhou', a follow-up stock.

Similarly, Mingzhou Sangtian Road, Modu Liyang Road, Yuhang Tiancheng East Road... and a host of other main speculative funds that were watching 'Teli A' and hoping to snatch chips at the limit up, also failed to get chips at this moment.

They had no choice but to turn to trade other popular leading concept stocks such as 'SOE Reform', 'New Stocks', 'Industry 4.0', and 'Virtual Reality'.

As these active funds, which failed to get 'Teli A' chips, rushed into other leading concept stocks.

And accompanied by the profit-making effect created by 'Teli A'.

All of a sudden, in various popular concept theme main areas such as 'CSRC Holdings', 'SOE Reform', 'New Stocks', 'Industry 4.0', 'Virtual Reality', 'Lithium Battery'..., related popular leading stocks also received concentrated attention from active market main funds, and their stock prices all moved erratically.

At 9:48 AM, only 3 minutes after 'Teli A' locked in its limit up.

Its follow-up stock, 'Chuan Province Jiuzhou', also hit and locked the limit up.

After that, at 9:55 AM, 'Sanxia New Materials' locked the limit up, at 10:16 AM, 'Wanfang Development' locked the limit up, at 10:37 AM, 'Xinxiang Chemical Fiber' locked the limit up...

And when the market trading time passed 11:00 AM.

In the 'SOE Reform' main concept theme area, the number of individual stocks hitting limit up for the day had reached 8.

Of course, during this period, other main concept themes also performed strongly.

For example, 'Meiyan', stimulated by 'Teli A''s limit up, saw its stock price also jump to a 5% gain for the day.

For example, 'Yishang Display', a recent leading 'New Stock', also successfully locked in the limit up.

Also, a host of stocks from various industries controlled by local State-owned Assets Supervision and Administration Commissions also triggered a strong rebound trend under the drive of 'Teli A''s limit up.

Even 'Internet Finance' sector heavyweight stocks like 'Tonghuashun' and 'Eastmoney'.

And the 'Securities' sector, which had shown some performance in recent trading days, especially 'Dongxing Securities', a stock that also has the 'New Stock' concept, was also driven to continue rising, refreshing its market high and the new high for this round of rebound.

"It still has to be 'Teli A' that can stimulate the entire market's bullish sentiment!"

Noticing that the entire market's bullish sentiment was rapidly warming up, and also noticing that more and more 'SME Board and ChiNext' concept stocks were driven up by 'Teli A', at this time, in the 'Yuhang Faction' main speculative fund group, Zhao Qiang couldn't help but exclaim,

"The ripple effect of the overall leader in market sentiment is indeed different."

Previously, when he and Sun Chengyu together focused on 'Meiyan'.

They were always unable to create such a group follow-up effect.

Nor could they lead the market to such a smooth counter-attack trend.

Now it seems that it wasn't a problem with their trading skills, but rather that they didn't choose the right target.

Even though it was a leading stock in a main concept theme and a popular stock with extremely high attention from investors in both markets, 'Meiyan' simply did not have this ripple effect.

"This indicates that 'Teli A' is the only 'true dragon' in the current market!"

"If the big demon doesn't die, there will still be more to do in the subsequent market."

"This limit up for 'Teli A' should have already generated expectations for a third wave of upward movement, right?"

"Currently, the expectation for a third wave of upward movement is probably still uncertain, right? One can only say there's hope. The actual confirmation of a third wave of speculative activity requires 'Teli A' to recover the previous two limit downs, surpass the high price left by the first round of speculation, and create a new high for this round of rebound."

"It must be said, the trend of 'Teli A' is really amazing."

"Alas, this stock basically gave no opportunity to snatch chips at a low price today, which caused me to never dare to take action. Now... seeing so many stocks in the entire market driven by this stock, I really regret it a bit."

"Cheap goods are not good, good goods are not cheap!"

"Fortunately, I snatched some chips at a high price. I hope there will be a good premium tomorrow."

"Are the funds that led the charge to lock 'Teli A' today Brother Sun's?"

"Not me."

Sun Chengyu saw the message in the group and replied,

"I originally wanted to ignite the main attack, but someone beat me to it. However, I also bought tens of millions of chips during the day, so I finally caught up with the market."

"Tens of millions? It seems Brother Sun is very optimistic about the subsequent trend of 'Teli A'!"

"Such high market popularity, such strong emotional expectations, such a smooth limit-up trend... it's hard not to be optimistic. If this stock hadn't risen so fast, I should have been able to get more chips during the volatile trend."

Sun Chengyu said,

"Currently, there is no doubt that 'Teli A' is already the sentiment indicator of the entire market and the absolute overall leader for short-term speculation. If the trend of this stock cannot go up, the overall market trend will hardly have much room. Therefore, at this moment, there is no reason not to heavily position this stock."

"Today's turnover rate for 'Teli A' is not low. I wonder if the 'Financial Street Fuxing Road' funds that entered yesterday have left? And the 'Rongchao Business Center' funds..."

"The 'Financial Street Fuxing Road' funds are definitely locked in."

"I also feel that these funds most likely locked in today. However, the 'Rongchao Business Center' funds should have already exited with profits."

"Alas, it really feels like all the market's funds are carrying the sedan chair for the 'Financial Street Fuxing Road' funds!"

"That's indeed the case, but what can be done? Who let the 'Financial Street Fuxing Road' funds take the lead, and 'Teli A' is the core target that all active market funds cannot bypass in speculation?"

Amidst everyone's discussion.

Everyone felt both helpless and impressed by the 'Financial Street Fuxing Road' funds for the fact that many active market funds voluntarily carried the sedan chair for them.

While everyone was filled with emotion.

Unknowingly, the time had reached 11:30 AM, and the two markets entered a brief midday break.

During the midday break.

The market's bullish sentiment began to further ferment and deepen.

At the same time, the market attention and discussion for 'Teli A' continued to soar, and it also pulled multiple popular follow-up stocks in the 'SOE Reform' main concept theme area into the top twenty in terms of investor attention and discussion hotness in both markets.

Then, amidst the relatively positive bullish sentiment brewing and discussions among numerous investors.

When the afternoon trading session arrived.

The market trend in both exchanges was smoother than in the morning.

Whether it was the SSE Composite Index, the Shenzhen Component Index, or the ChiNext Index, all continued to advance and break through as trading time progressed, constantly refreshing the new highs for this round of rebound after the holiday.

Finally, when 3:00 PM arrived and the two markets officially closed.

With the SSE Composite Index, Shenzhen Component Index, and ChiNext Index all closing with positive candles, the 'SOE Reform' main concept theme, which was fully driven by 'Teli A', saw its related concept sectors and industry sectors all achieve a surging trend.

Furthermore, within its concept sector, a host of concept constituent stocks even triggered a limit-up surge in the final trading phase.

This completely repaired all the pullback declines that occurred during 'Teli A''s suspension.

It also filled all the gains that this concept theme had lagged behind the indices in multiple trading days after the holiday.

"Haha... did everyone make money today?"

After the two markets closed, in Su Yi's university classmate group, Zhao Xinqiang, who used funds given by his father to follow and buy 'Teli A', couldn't help but show off in the group,

"Following our classmate Su to buy a few hands of stock, I finally made money."

"Xinqiang, did you buy 'Teli A'?"

Zhou Jiahao asked.

"Yes, I did."

Zhao Xinqiang said,

"Did you buy this stock too?"

Zhou Jiahao replied,

"I originally wanted to buy it, but I hesitated, and then the stock hit the limit up. Alas... indeed, hesitation leads to mistakes!"

"You shouldn't have hesitated."

Zhao Xinqiang said,

"Our classmate Su is operating with heavy positions in this stock. Just buy it casually, you definitely won't lose money."

"Is Su Yi heavily invested in this stock?"

Huang Liling asked.

Zhao Xinqiang said,

"No doubt, who doesn't know now that the 'Financial Street Fuxing Road' trading seat belongs to our classmate Su!"

"We shouldn't call him classmate Su now, we should call him General Manager Su."

Liang Xu said.

"Holy cow, yesterday Su Yi bought over 70 million yuan worth of chips in 'Teli A'!"

Zhou Jiahao, who only just noticed the buying and selling data from 'Teli A''s yesterday's Dragon-Tiger List, was shocked,

"Damn it... I forgot to check the Dragon-Tiger List data, otherwise I would have gone all-in at today's opening."

"Alas, it's a pity Su Yi isn't in the group."

Liang Xu said,

"Otherwise, I really should ask him how to trade stocks."

"Our classmate Su really treats the stock market as an ATM."

Tu Hongyong couldn't help but exclaim.

Liang Xu said,

"Bank ATMs can't even hold that much money. This isn't treating the stock market as an ATM, it's treating it as a printing press."

"Now Su Yi is already a big shot, completely on a different level from us small fries."

Zhou Jiahao said,

"Comparing people really can drive one crazy."

"Buying over 70 million yuan in funds in one day, what a concept, it's unimaginable."

"Hehe, that's still a small amount."

Zhao Xinqiang said,

"Before, our classmate Su made moves of hundreds of millions of yuan on several stocks. Alas... let's not talk about those. Everyone, let's guess today's Dragon-Tiger List data for 'Teli A'. I feel that our classmate Su very likely not only didn't leave but also increased his position."

As he spoke, he glanced at the time and quickly turned his attention to the Dragon-Tiger List of both markets.

Under his gaze.

Before long, 5:00 PM arrived, and the Dragon-Tiger List of both markets was refreshed.

On the refreshed Dragon-Tiger List of both markets, 'Teli A', which was highly anticipated by the vast majority of market investors, was, not surprisingly, still on the list.

According to its disclosed Dragon-Tiger List buying and selling data.

It could be seen that the two main funds that intervened yesterday, whether it was the 'Financial Street Fuxing Road' funds or the 'Rongchao Business Center' funds, had not left the market.

Among them, the 'Financial Street Fuxing Road' funds continued to increase their position by over 63 million yuan during the day, continuing to rank in the buy one position.

And besides the 'Financial Street Fuxing Road' branch, which ranked as buy one.

The buy two position was 'Huahai Securities Jinan Lishan Road' branch; the buy three position was 'Yuhang Qingchun Road' branch; the buy four position was 'Weihai Rongcheng Shidao' branch; and the buy five position was 'Modu Xinyue Road' branch.

Among them, the buying amounts for 'Lishan Road' and 'Qingchun Road' were both above 45 million yuan.

The rest were below 30 million yuan.

"Amazing! The 'Financial Street Fuxing Road' funds not only didn't take profits and reduce positions but instead increased them!"

Seeing 'Teli A''s Dragon-Tiger List data, Li Jinshi in the 'Foshan Faction' main speculative fund group couldn't help but exclaim,

"This 'Financial Street Fuxing Road' guy has continuously bought for two days, with a total holding of about 145 million yuan. With this volume of holdings, will there still be funds willing to carry the sedan chair for him in the future?"

(End of Chapter)

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