Rebirth of the Capital Legend

Meanwhile, Peng Hui Energy's stock price continued to soar.

A host of popular stocks in the main new energy industry chain, such as Tinci Materials, Dawning Optoelectronics, Tianqi Lithium, Ganfeng Lithium, and Lead Intelligent Equipment, are also rising rapidly. In addition, a large number of active funds are continuously and rapidly flowing into this field.

"Holy crap, this rebound after the overselling is a bit over the top. The recovery in sentiment is also clearly beyond expectations." Noticing the rapid changes in the short-term market dynamics, Zhao Zhiyuan, a member of the "Qilu Gang" group of major speculative investors, was visibly surprised as he watched the price movements of the new energy industry chain. He said, "Tianci Materials and Penghui Energy are heading straight for the daily limit up."

"They're clearly heading towards the daily limit up," Zhang Wei chimed in. "The recovery in both the stock's trend and market sentiment is better than expected. I think it's time to add a portion of your position to these two stocks."

"Yes, I think so too," Zhao Zhiyuan said. "But there seems to be something wrong with Shuguang Shares stock."

Zhang Wei said, "Although Shuguang Shares has received a lot of attention from the market and has a good trading volume, in terms of market position, it is not considered a core leading stock in the new energy industry chain. The trend of this stock will have some impact on the new energy industry chain, but it is not an absolute impact. I think the current trend of this stock's rebound during the day is already quite good."

"There's a lot of divergence in the market sentiment for Shuguang Shares," Liang Jiucheng chimed in at this point. "Relatively speaking, Tianci Materials and Penghui Energy are definitely better."

"It seems that the new energy industry chain will be the main focus today," Zhao Zhiyuan said.

Zhang Wei responded: "It's not just the new energy industry chain. It feels like the active short-term funds in the market are flowing out of the previous heavyweight sectors and into the low-priced small and medium-sized stocks. If you look at the trends of the major market indices, it's even more obvious. While the ChiNext Index and Shenzhen Component Index are gradually rising, the Shanghai Composite Index has actually fluctuated and fallen quite a bit in the last ten minutes."

"That's good. The weighted index isn't rising much, so it's time for a slight rest," Zhao Zhiyuan said. "Small and mid-cap stocks have been falling for so long recently, so a concentrated rebound is due. However, it feels like... even though the short-term market trend has shifted to small and mid-cap stocks, many of the stocks showing unusual activity on the market right now, such as those in the technology sector (film and television media, internet software, internet applications, electronic information, communications, semiconductors, etc.), as well as some relatively unpopular sectors, are still not receiving much attention from active buying funds."

Many of these are small-cap and micro-cap concept stocks in these main sectors.

Although the buying volume on the market has increased slightly compared to the beginning of the session, it has not been sustained or significantly increased in volume.

Based on this volume feedback...

It seems that small and mid-cap stocks in these key sectors are unlikely to perform well.

At this moment, the small and mid-cap stocks showing significant fluctuations in the market seem to be mainly concentrated in the major infrastructure, new energy industry chain, and smartphone industry chain themes, as well as resource sectors such as non-ferrous metals, steel, and coal, which had previously shown slight fluctuations and whose performance was significantly stronger than the broader market.

Does this mean that the market style is starting to shift from high to low?

However, this shift still revolves around the original core theme and cannot cover or spread to all the main sectors of the entire market.

"Yes, that's true." Liang Jiucheng nodded and said, "After all, the amount of active funds in the market is very limited. The market is still in a clear bear market phase, and overall, there isn't enough capital to cover all stocks in the entire sector."

Thus, during a brief shift in market style...

This means we can only prioritize small- and mid-cap stocks with significant brand recognition and relatively clear future prospects within the core market themes.

"That means this shift is within the main sectors," Zhao Zhiyuan said. "In other words, there won't be any major changes in the direction of the market's main sector rotation. Weak sectors such as film and television media, internet software, and internet applications should not be given any hope, and positions should not be entered lightly."

Zhang Wei nodded and said, "That's for sure. In a weak main theme during a bear market, you can only take advantage of opportunities on the right side to have a certain safety margin. Otherwise, if you get involved before the trading volume increases and the internal shareholding structure loosens, you'll most likely get buried. Aren't those who tried to buy the dip before a cautionary tale?"

"Speaking of which, the non-ferrous metals, steel, and coal sectors are definitely attracting more and more attention from investors," Zhao Zhiyuan said. "Given today's market sentiment, Pingmei Energy has the potential to break out, rally, and even hit its daily limit if it can gain momentum."

"Market attention to the non-ferrous metals, steel, and coal sectors is indeed increasing," Liang Jiucheng said. "However, there is still no consensus on expectations. Judging from the stock price movement and trading volume of Pingmei Energy, its shares are still relatively scattered and there is no strong consensus in the market. It is no problem for this stock to rise sharply today, but the chances of it hitting the daily limit are slim."

"If there's funding to guide things..." Zhao Zhiyuan said, "I think it's possible."

Zhang Wei smiled and said, "What, Lao Zhao, do you want to try building a position and guiding others to do it?"

Zhao Zhiyuan replied, "I do want to give it a try, but I'm all alone and my individual strength is limited. If I want to guide the market, I'll need the two of you to help me out a bit."

"Haha..." Zhang Wei laughed and said, "No problem. With the market sentiment improving, the profit-loss ratio for this stock at this price is still very high. You can take the lead and I can assist you."

Upon hearing this, Zhao Zhiyuan nodded and said, "With your support, Lao Zhang, there won't be any problems."

After saying that, he quickly placed three large buy orders of 3 lots each on the trading screen of Pingmei Energy stock, directly sweeping up the sell orders at more than 30 levels ahead of the stock, and rapidly raising its price from around 3% to 6%.

However, its stock price surged instantly.

After the sell orders on the trading board were swept away, other accumulated sell orders in the market also surged out in a frenzy at that moment.

After all, this stock hadn't seen such a sharp upward trend for a long time.

The majority of retail investors who are trapped in the market.

When this stock price surged, the thought in my mind wasn't that I was worried about it continuing to hit the daily limit or missing out on selling my shares. Rather, most retail investors were thinking that if they didn't sell at this moment, the stock would definitely fall back to its original price later.

Because the previous price surges have basically followed this pattern.

Therefore, even though Zhao Zhiyuan placed several large orders of tens of thousands of shares, which briefly boosted the bullish sentiment and profit-making effect in the market, it did not change everyone's expectations for the stock's performance.

Naturally, it couldn't withstand the sudden selling pressure from the large number of potential sell orders within the stock.

Therefore, before Zhao Zhiyuan could continue to invest funds to support the project, [the project was launched].

Pingmei Energy's stock price immediately plummeted from its intraday high of around 6% to a rapid decline.

When Zhao Zhiyuan saw that the upward pressure on the market did not ease after the funds were invested, but instead increased significantly, he couldn't help but frown slightly.

"I told you, this stock's current shareholding structure is quite scattered, and the overall shareholding hasn't been consolidated yet, so there will be a lot of pressure to push the price up." Liang Jiucheng saw that Zhao Zhiyuan's investment of seven or eight million yuan had only made a small splash on this stock's chart, and couldn't help but say, "At this position, it's okay to build a small position, but it's not the right time for a heavy investment. However, from another perspective, quickly accumulating shares and consolidating the stock's shareholding structure, and shaking out weak hands through continuous pulse fluctuations, is also a good option."

"After all this talk, Lao Liang, are you going to help or not?" Zhao Zhiyuan asked.

Liang Jiucheng smiled and said, "Of course we'll help. This stock still has a lot of potential, given the increasing market attention on the coal sector."

After saying that, Liang Jiucheng looked at the large number of sell orders still being placed on the stock of Pingmei Energy.

They also quickly invested funds and began to take on the burden of the project.

At the same time, Zhang Wei also began to invest funds and continuously buy shares of Pingmei Energy.

However, although the two were investing funds to buy at the same time, they did not rush to push up the stock price of Pingmei Energy. Only after buying at the market price and the selling pressure in the same price range gradually decreased, and there were not many active selling orders, did they actively push up the price slightly to release the selling pressure.

Thus, with the combined efforts of the three...

Pingmei Energy stock experienced a brief intraday fluctuation.

It began to slowly oscillate upwards again, and around 10:40, it created a new intraday high, surpassing the previous high point of the impulse.

Only then were the market expectations for this stock reversed.

People are starting to pay more and more attention to this stock.

At the same time, the non-ferrous metals, steel, and coal sectors have seen increasing amounts of active buying, and these three sectors have gradually surpassed the real estate, construction and decoration, and building materials sectors in the major infrastructure field to become the leading sectors in the two markets.

"Why does it seem like the market trend in the new energy industry chain is starting to lean towards the non-ferrous metals sector?"

Noticing the changes in market conditions, many retail investors gathered on various online stock investment platforms only now realized these shifts.

"It's not surprising. The development of new energy mainly involves lithium batteries. In the manufacturing process of lithium batteries, metals such as copper, silver, lithium, and cobalt are essential. It's normal for this trend to spread to the entire non-ferrous metals sector. It's just that I didn't expect the coal sector to rise so much today."

"The coal and non-ferrous metals sectors are naturally inclined to collaborate."

"Looks like today's focus is on resource stocks?"

"Not necessarily. The petrochemical sector, especially oil stocks, hasn't moved much, has it?"

"Let's not even talk about the two oil giants. Who else but the 'national team' is buying these super-weighted stocks, besides the 'national team' continuously increasing their holdings? Moreover, these two super-weighted stocks have seen declining earnings year after year, their valuations aren't cheap, and after so many years of decline, there's no sign of them bottoming out. How can anyone buy them?"

"Indeed, there are countless trapped investors."

"Finally, it's no longer the same old infrastructure and consumer sectors leading the market. However, today's market trend felt very chaotic, with a lot of divergence."

"The day when the divergence is no longer so severe, there will be very few instances of a general market rally this year."

"Are coal and non-ferrous metals going to be the main players in the market next? I never expected that these two sectors would emerge victorious today."

"It's hard to say. Coal and non-ferrous metals booms have never been sustainable."

"I also think it's hard to say whether it can be sustained. There's really not much room for growth in these two sectors, and the medium- to long-term cycle for precious metals should still be in a bear market, right?"

"Even if the price of a sunset industry skyrockets, I still won't buy it."

"The tech sector, which isn't a sunset industry, has plummeted. Go buy it."

"It would be better to focus on the main themes of consumer goods and infrastructure. With the market shifting, it's even harder to predict what to buy. You never know what to buy, and those stocks that are doing well in the morning might start to plummet in the afternoon."

"If you're unsure, just stay out of the market. I feel like staying out of the market is always a good thing; even if you don't make money, you won't lose money either."

"If you're unsure, just buy shares of Beijiang Transportation Construction and Oriental Yuhong. Buying the market's core leading stocks can't be wrong, right?"

"Yes, I'm looking at the stock of Beijiang Jiaojian. Its performance today is still very strong."

"Sigh, I was planning to buy the dip when the stock of Beijiang Jiaojian suddenly plummeted, but alas... I hesitated and missed the opportunity."

"I was also planning to buy at the bottom, but by the time I placed my order, the price had already rebounded."

"Even if the price recovers, I feel it's still not too late to buy now."

"Now, I'm less inclined to buy."

"As long as the overall market sentiment remains positive, I don't think Beijiang Jiaojian, the leading stock, will collapse. I feel that this stock still has another upward trend."

"But this stock is most likely to hit its daily limit down today, right?"

"Broken boards are normal. As long as there isn't a significant drop, I don't think it's a big problem."

"Oriental Yuhong is still the most stable stock. No matter when you buy it, you basically won't lose money."

"Indeed, the trend of this leading stock is as steady as a rock, climbing step by step. Although the rise is slow, if you hold it for a long time, the gains are still considerable."

"Well, the most stable sector is still large-scale infrastructure. As for coal and non-ferrous metals, I think we still need to observe them."

"Tianci Materials stock seems pretty strong."

"And Penghui Energy, it should hit the daily limit up."

"These two stocks performed well today, but the key is their sustainability. If you buy in now, it's hard to say how much premium you'll get tomorrow."

"That's true. Let's take another look. I still feel the market is very chaotic today."

Amidst the ongoing discussions among numerous retail investors…

The sudden shift in the market's short-term trading style was clearly perceptible through the discussions, leaving many retail investors unaware of the change.

There are still significant differences of opinion among people regarding the market trend.

This manifests in the market as a lack of consensus and coordination among popular stocks, making it difficult to achieve smooth price movements. Consequently, many short-term funds in the market are attacking in different directions, failing to form a unified force.

However, as market trading hours continue to pass.

With many popular stocks beginning to show increasingly strong profit-making potential in the market.

The main themes and trends in the market, as well as the attention given to popular stocks, the strength of capital inflows, and the consistency of market movements, are all gradually increasing.