WebNovels

Chapter 60 - Chapter 60 Reappearance of the Ground-to-Heaven Board!

Under the swift follow-up and snapping up of shares by various short-term active funds, 'Teli A' touched the daily upper limit with thunderous momentum, its stock price reaching 18.71 yuan.

And as its stock price hit the limit-up price, once again demonstrating an explosive ground-to-heaven board profit-making effect, a multitude of follow-up funds chasing limit-up stocks instantly locked 'Teli A''s share price at the limit-up, causing its limit-up bid volume to surge to over 150,000 lots within half a minute.

Su Yi gazed at 'Teli A''s stock price, which had been locked at the limit-up in a flash.

His taut nerves slowly relaxed at this moment, and he let out a long sigh.

He placed the remaining over 25 million yuan in his stock account as a limit-up pending order, behind the queue of funds rushing to snap up shares, to increase 'Teli A''s limit-up bid volume and prevent it from breaking the limit.

When 'Teli A''s limit-up bid volume continued to rapidly surge to over 250,000 lots, the number of active sell orders within the market board began to gradually dwindle.

Intraday investors still holding shares at this point also generally began to be reluctant to sell.

Moreover, when 'Teli A' completely locked its limit-up.

In an instant.

Across the entire market, the two related concept themes, 'SOE reform' and 'oversold rebound,' began to surge across the board.

Even the 'sub-new stocks' sector swiftly followed suit, rising sharply.

One minute after 'Teli A''s stock price hit the limit-up.

'Chuansheng Jiuzhou', a stock also belonging to the 'SOE reform' concept, surged 8 percentage points on heavy volume, following the trend.

At the same time, Wanfang Development, Hailuo Xincai, Mingxing Electricity, Xinxiang Huaxian, Phoenix Shares, Sanxia Xincai... a host of 'SOE reform' concept stocks also rose sharply, following the trend under the frantic snapping up and boosting by countless short-term active funds.

Two minutes after 'Teli A''s stock price hit the limit-up.

'Chuansheng Jiuzhou' followed the trend and hit the limit-up.

At the same time, 'Xinxiang Huaxian, Mingxing Electricity, Phoenix Shares' all rose by over 5%.

Three minutes after 'Teli A''s stock price hit the limit-up.

In the 'sub-new stocks' sector, which was following the upward trend, 'Wanfu Biology, Puyang Huicheng, Tiancheng Zikong' all surged by over 5 percentage points.

Simultaneously, in the 'oversold rebound' concept theme sector, 'Joyoung Shares, Meiyan Jixiang, Meibang Apparel' also rapidly followed suit and surged, heading straight for the limit-up price.

Afterward, the entire market's investment sentiment and speculative sentiment began to fully recover.

Countless small and mid-cap concept stocks, oversold heavily weighted stocks, and major index constituent stocks primarily targeted by the 'national team' all actively rebounded.

And amidst the reversal of trends for almost all stocks in the entire market.

Around 11:20 AM, the Shanghai Composite Index finally recovered all intraday losses, turned positive, and returned to the 3800-point level.

Then, at 1:12 PM.

Under the further brewing of investment and speculative sentiment during midday.

The Shenzhen Component Index, ChiNext Index, and SME Board Index also all erased their intraday losses, achieving a positive, rising trend.

Finally, when the market closed at 3:00 PM.

All indices in both markets closed in positive territory, and the ChiNext Index and SME Board Index's gains at closing even surpassed the Shanghai Composite Index, closing with significant rises of 1.89% and 1.93% respectively.

After the market closed.

Su Yi looked at his stock account, holding a total of 53,000 lots of 'Teli A' shares with an average cost of 15.70 yuan, and an intraday floating profit of over 15.9 million yuan.

He was very satisfied with his operations today.

After all, he not only bought back all the shares he had sold high yesterday at a very low market price, but also dominated the market, demonstrating 'Teli A''s leading stock style, providing a logical basis and emotional expectation for the stock's continued strength.

Sharing Su Yi's sentiment at this moment, Yang Kunrong, who also dominated 'Teli A''s market trend today, was also very satisfied with his operations and trading strategy choices today.

Originally, after failing to secure shares yesterday, his stock account today had a maximum floating loss of about 7 million yuan.

However, now, through a series of operations including bottom fishing at the limit-down intraday, selling high in positive territory to salvage the situation, and decisively adding positions to chase near the limit-up, he had not only turned his account holdings from loss to profit but also made a significant profit of over 1 million yuan.

"I wonder who the main speculative funds that broke open and pushed up 'Teli A' today are?"

Yang Kunrong briefly reviewed the market conditions of both exchanges, then carefully browsed the intraday transaction details of 'Teli A', thinking to himself,

"Breaking open the limit-down in the early session to consolidate sentiment, then using an index correction to flush out intraday floating shares and increase turnover, and finally aggressively pushing up to attract combined funds to lock the limit-up... this set of trading techniques is truly incredible!"

He was impressed by 'Teli A''s market trend today.

And he was even more impressed by the main funds that guided 'Teli A' to such a market formation!

Like Yang Kunrong...

At this moment, all the speculative funds in the market that were still following 'Teli A' also had to concede to the main funds that dominated 'Teli A''s intraday market trend, after carefully reviewing the stock's performance and transaction details today.

Even "Jintian Ge" Wu Mingze, who cut losses and exited at the limit-down in the early session, and the owner of the "Qingliangmen Dajie" trading seat, Zhou Kaisheng, known as "Huzhou Dage" in the domestic speculative funds circle, admired the main funds that dominated 'Teli A''s intraday market trend from the bottom of their hearts.

"'Teli A''s trend today was truly unexpected!"

Wu Mingze didn't show too much regret for cutting losses on 'Teli A' at the limit-down, but merely sighed sincerely:

"Using the general market's panic selling to flush out all floating shares in one wave, reopening the upward potential of the leading stock, this operation... is truly powerful. I just don't know who is behind it?"

While speculating, he began to have extremely high expectations for today's 'Teli A' Dragon and Tiger List data.

At the same time, in Huzhou, in a villa in the city center.

Zhou Kaisheng gazed at his stock account where he had cut losses and exited, and at 'Teli A''s ground-to-heaven board limit-up, and the outcome of the leading stock never dying.

He couldn't help but sigh to himself,

"The funds that dominated 'Teli A''s market today, this game they played... it was truly brilliant!"

As the big players in the speculative funds circle were expressing their admiration.

In the "Modu Chaoduanbang" speculative funds group where Su Yi was.

"Hongqiao Road" Xu Qiao, "Xinzha Road" Lao Zhang, "Yintai Road" Lao Wu, "Xinyue Road" Chen Ge... and others were also fiercely discussing 'Teli A''s intraday trend in the group, all expressing their admiration for the main funds that dominated the stock's intraday trend.

"'Teli A''s trend today was truly explosive, perfectly illustrating what it means when the leading stock never dies, the rally never stops!"

"The funds that led 'Teli A' to a ground-to-heaven board today are truly incredible."

"Especially when the market's investment sentiment truly reversed significantly, the way they violently pushed up 'Teli A''s market and guided follow-up funds to collectively lock the limit-up was simply... a masterstroke!"

"'Teli A''s Dragon-Tiger List today will definitely be quite explosive."

"Many people in the circle are guessing who actually dominated 'Teli A''s market today? What do you think... who could possess this strength and these techniques? Zhang Mengzhu? Xu Zongduozhu? It certainly couldn't be A Shen."

As messages in the group refreshed.

The discussion heat surrounding 'Teli A' in the entire market continued to rage.

And as the time approached 5 PM, countless investor groups following 'Teli A', including major powerful speculative funds and big individual investors, had already focused their attention on the soon-to-be-refreshed Dragon-Tiger List of both markets, filled with immense anticipation and curiosity.

(End of Chapter)

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