Rebirth of the Capital Legend

"We can wait until after Apple's new product launch event, when the market's positive expectations have been fully realized and the entire Apple supply chain has corrected, to see if there will be a better buying opportunity for Lixun Precision stock," Sun Chengyu paused and said. "Currently, the entire smartphone supply chain is not the core hot spot of the market. There will be many opportunities to build positions in the corresponding core stocks. If you are really optimistic about it, there is no need to rush.

Old Qian smiled and continued, "It's fine to establish a base position first. Lixun Precision's stock has maintained such a strong trend while other Apple supply chain stocks have been correcting. I estimate that even if other Apple supply chain stocks correct later, the correction in this stock will be very limited."

"I agree with Lao Qian's point of view," Zhao Qiang said. "Let's establish a base position first, and then adjust the position according to the situation. For now, the core position should still be placed on the major infrastructure sector."

The discussion took place among three core speculative investors in the "Yuhang Group" group.

At this point, the market trading time had quickly shifted from 9:25 to 9:30.

After a brief 5-minute trading halt, both markets resumed continuous trading amidst the intense scrutiny of countless investors.

The market indicator had just begun to fluctuate.

During the opening auction, a number of popular themes and stocks that performed well and were highly regarded by investors across the market received concentrated attention from a large number of active funds in the market the moment the market opened.

Among them, the stocks with the highest market popularity...

After 2 lots of orders were placed at the opening, the share price of Beijiang Jiaojian quickly fell back from a gain of about 5% to a gain of 2.7%. Shuguang Shares, on the other hand, jumped from a drop of about 2% to positive territory at the opening, with trading volume continuing to surge, and another 4 lots of orders were placed at the opening. Oriental Yuhong, Tianci Materials, and Lixun Precision also saw a rapid surge in volume and price at the opening.

At the same time, Taihe Shares, another stock that is also very popular.

Within 30 seconds of the market opening, the stock price surged and quickly hit the daily limit, resulting in a two-day winning streak.

And influenced by the performance of these popular stocks...

The major themes in the market also exhibit distinct styles.

Thanks to the rapid rise of Shuguang Shares from a significant low opening, the entire new energy industry chain saw a surge in related stocks, with related industry sectors and concept sectors all experiencing gains.

Meanwhile, it was affected by the downward pressure on the performance of Beijiang Jiaojian.

Other concept stocks that followed the trend of Beijiang Jiaojian in the early stage, as well as the speculative sentiment of the entire major infrastructure theme, have all declined.

In the entire major infrastructure sector, some funds have begun to actively switch between high and low-end investments within the main theme.

However, due to the continued positive trend of stocks such as Oriental Yuhong, Conch Cement, and Gemdale Group, and the ongoing upward momentum of mainland property stocks in the Hong Kong stock market during the same period, the overall trend of the major infrastructure sector, despite some internal disagreements due to the decline in the performance of Beijiang Transportation Construction, is still gradually trending upward with fluctuations.

As for the main consumer sector...

Whether it's the liquor sector, the food and beverage sector, the white goods sector, or the consumer electronics sector of the smartphone industry chain.

At this moment, due to the opening decline of many popular stocks, as well as the opening decline of stocks such as Moutai, Haitian Flavoring, Wuliangye, Gree Electric Appliances, and Midea Group with reduced trading volume, the performance is relatively sluggish.

Not only at the moment the market opened, there were signs of active selling by the major internal funds.

A large amount of short-term active funds are also following the trend and selling off.

This directly led to the entire consumer sector quickly choosing to continue its downward correction at the start of trading.

As for the market themes and industry sectors that are in less popular areas, they lack the attention of active capital groups and are also affected by the liquidity of the market.

Most trends are slow and oscillating downwards, which is not satisfactory.

Among them, sectors that are less favored by major funds and also suffer the most severe losses during this period, such as film and television media, internet software, and internet applications, which are all technology-oriented, continued to fluctuate downwards at the moment the market opened.

Moreover, within these main areas.

Stocks such as Baofeng Technology, LeTV, and Netspeed Technology were once core and popular stocks in the market.

The price continued to fall, opening lower and continuing to decline. On the trading floor, there was almost no buying pressure from major players, with only occasional retail orders taking over. Meanwhile, selling pressure continued unabated as the stock price fell.

The market's performance at the opening was influenced by the overall market trends...

In terms of the performance of major market indices, the Shanghai Composite Index remained in a sideways trend, while the Shenzhen Component Index and the ChiNext Index continued to decline after the opening, with the market decline further widening.

And this is reflected in the changes in the index.

As market trading continues...

Active buying funds in the market also began to concentrate further on the main sectors with relatively strong profit-making effects at the beginning of the trading day, as well as the corresponding individual stocks. At the same time, the heavyweight stocks with relatively good market performance continued to siphon off the already limited buying liquidity in the market.

"Damn, judging by this trend, the market isn't going to be any better today!"

It was noted that after the opening of the two stock exchanges, the overall market trend was not as good as everyone had expected before the market opened. At this moment, on various stock investment communication platforms across the country, countless retail investors gathered, and many of them expressed their feelings and began to feel a significant sense of disappointment.

"Are you kidding me? Even with such a strong performance in overseas markets, it can't pull anything off?"

"Who said the market would definitely surge today? Is this what you call a surge? The Shanghai Composite Index is stagnant, while the Shenzhen Component Index and the ChiNext Index are getting lower and lower."

"Holy crap, this is unbelievable! There's no reason for it to drop like this. What's going on?"

"I knew that A-shares would only follow the decline of overseas markets; otherwise, they would have their own independent trend."

"That's too independent."

"Actually, it's not too bad; it's just the expected trend."

"The index hasn't fallen much, but my individual stocks are suffering. Why are the big-cap stocks always the ones that are rising? What's the point of these giants rising? Isn't it said that the worse the market liquidity, the easier it is for funds to concentrate on small-cap stocks? Because small-cap stocks are the easiest to manipulate. How come reality is the opposite of what we imagined?"

"With poor liquidity, it's even harder to buy and sell small-cap stocks. How can there be a concentrated speculation on small-cap stocks? When the market is bad, only heavyweight stocks can be used as a safe haven because these stocks fall slowly and have stable performance. No matter how much they fall, they will eventually have a bottom. Do small-cap stocks have a bottom? They might just keep falling and eventually be delisted."

"That doesn't make sense either, as large-cap stocks keep rising while small-cap stocks keep falling."

"I don't know. The market is full of irrational things; who can you reason with?"

"The film and television media, internet software, and internet applications sectors are the worst off. They're just in a continuous decline; they feel uncomfortable if they don't fall every day."

"These three main sectors are precisely the sectors where retail investors are most concentrated in the market right now."

"That's right. I've invested all my money here, and I can't cut my losses. If I just hold on, I'll lose money every day, and my mentality is completely broken. I really don't know what to do now."

"What else can I do? I refuse to believe that I can lose everything."

"It won't be completely wiped out, but if it drops to a fraction of its original value, it's not much different from being wiped out."

"Sigh, that's true. But what should I buy after cutting my losses? I'm afraid of getting trapped in other stocks. I really don't know what to do."

"Yes, at this point... should we still chase after blue-chip stocks?"

"Following the market trend is always the right thing to do, isn't it? If we can't beat them, why not join them?"

"I'm afraid I'll buy at the highest point again."

"Then diversify your holdings. Just buy half of your portfolio. If you see a bad trend, get out quickly. Anyway, right now, you can't hold stocks for long."

"There's no way to escape now. That's it. It's already down 60%. Whether I cut my losses or not makes no difference."

"Speaking of Baofeng Technology stock, is there really no bottom? It's fallen so much, and it's not stopping there."

"The price peaked at 300 yuan and fell as low as 8 yuan. It's a long way from falling back to the issue price, and even if it does fall back to the issue price, it's hard to say whether it will stop falling."

"It's safer to buy real estate stocks."

"Buying China Construction is also a good idea. The major infrastructure sector has always been a hot topic and the strongest theme in the market."

"The liquor and white goods sectors are also very strong, but they started to pull back today. I don't know how long the pullback will last, but I feel that these two sectors will definitely rise again later."

"Are stocks in the major infrastructure sector still worth buying? I think the core leader, Beijiang Transportation Construction, seems to be running out of steam today. It should have hit the daily limit up in the opening auction, but it didn't. After the market opened, if it were strong, it should have actively pushed upwards, but that didn't happen either. Now it's fluctuating in the 2% to 3% range. I think this stock will have a hard time holding steady today."

"It's hard to say. Dragon heads usually have two lives."

"The trading volume of Beijiang Jiaojian stock was already high yesterday, so there's no reason for it to continue to rise today. With such high trading volume now, the rally in this stock is definitely over."

"A new generation replaces the old. The current leading stock in the major infrastructure sector is clearly Taihe Shares."

"If Taihe Shares wants to take a leading position in the North Xinjiang Transportation Construction stock market, it's far beyond their reach."

"With such a large difference in the number of consecutive limit-up days between the two, how could it possibly overtake Beijiang Jiaojian? Even if it were to replace Beijiang Jiaojian, it should be Shuguang Shares that has the potential."

"Give me a break. What market position does Shuguang Group have? How dare it compare to a leading company like Beijiang Transportation Construction?"

"What market position do they have? Their number of consecutive limit-up days isn't less than that of Beijiang Jiaojian, is it?"

"What's the point of talking about consecutive limit-up days with low volume? Everyone knows that limit-up days have little value and are unlikely to gain the approval of short-term speculative funds in the market."

"Whether we agree or not is not important; what matters is that the market agrees."

"Really? Let me put it this way: Shuguang Shares' stock can't possibly go any further than Beijiang Jiaojian's stock, believe it or not?"

"If you don't believe me, look at the current market trend. The stock of Beijiang Jiaojian has already ended, while the stock of Shuguang Shares will definitely rebound and hit the daily limit today. If it opens higher again tomorrow, it will directly start the second wave of consecutive limit-up days. Moreover, the overall trend of the new energy industry chain is much stronger than that of the infrastructure sector. I feel that the active main funds in the market are already switching the main theme and sticking together."

"What's the logic behind the new energy industry chain? What's its size? Can it compare to the major infrastructure sector? With the size of the new energy industry chain, can it support the overall market? Can it lead the entire market to strength? Are you kidding me? This sector can only be used temporarily as a rotational theme in the market, and it can't support too much institutional money clustering together."

"What do you mean by 'size'? The new energy industry chain involves so many sectors and at least a hundred related stocks in the two stock exchanges. Is that a small size?"