I saw the entire collective bidding process.
In the end, the Shanghai Index opened at 2251.59 points, opening 0.62% higher, while the Shenzhen Stock Exchange Index and ChiNext Index opened 0.45% and 0.59% higher respectively.
In addition to the index, the market's major main lines, industry sectors, concept sectors, and the performance of popular core stocks.
Only the "big finance" sectors are visible. Although the securities, insurance, and banking sector indexes have dropped a lot from the beginning of the call auction at 9:15, they still maintain the trend of leading the gains in the two cities, while the "infrastructure" , 'state-owned enterprise reform', and 'Internet finance', which were the main lines of dramatic adjustments in the early stage, as well as their related industry sectors and concept sectors, also performed significantly better than the index, lagging only behind the financial sector that led the gains.
The performance of other main lines such as 'consumption', 'medicine', 'military industry', 'non-ferrous metals', 'coal', and 'smartphone industry chain', as well as their related industry sectors and concept sectors, mostly follow the fluctuations of the market index. Showing a slightly higher opening, or flat opening trend.
As for the popular core stocks that receive the most attention in the two cities.
Tickets such as 'Beixin Road and Bridge, Beijiang Communications Construction, Shanghai Sanmao, and Kumho Group' that fell to the limit yesterday are now out of the quagmire of plummeting trends, showing a slightly lower opening trend, and the entire call auction of these tickets The trends are all continuously upward, and the buying performance on the relevant market is also quite eye-catching.
Overall, the positive stimulus from the 'Shanghai-Hong Kong Stock Connect' released by regulators before the market opened.
The entire market temporarily broke free from the shackles of collective pessimism and ushered in a general rebound. At the same time, the market investment sentiment also recovered slightly.
"Haha...it's rare to open higher than expected!"
Faced with the positive opening trend of the market, during the short trading suspension period from 9:25 to 9:30, the comment area of the stock trading platform where a large number of retail investors gathered finally received a lot of exciting and positive remarks.
"Yeah, this opening is really beyond expectations, but it's just... it's opening so high, I'm afraid it won't be stable!"
"There is no doubt that the high opening in the downward trend will definitely not be stable."
"I don't think so. If you look at popular stocks such as Beixin Road and Bridge, Beijiang Communications Construction, and Shanghai Sanmao, which have fallen severely, there is no panic selling today. And looking at the market prices of these stocks, it is obvious …The bargain-hunting funds entered the market during the call auction stage.”
"I think whether it can be stable depends on 'Big Finance', right?"
"With the release of good news about the 'Shanghai-Hong Kong Stock Connect', there is a high probability that today will be the home court of 'Big Finance.'"
"Can 'Big Finance' make a move? I see today's trend. Most likely it opened high and then went low again. 'Big Finance' opened so much higher, who will take over?"
"I also think that there is a high probability that 'big finance' will not be stable."
"Whether it can open higher and move higher, and whether it can form an effective rebound trend, I think... it still depends on the two main lines of 'infrastructure' and 'state-owned enterprise reform.'"
"Today's two main themes of 'infrastructure' and 'state-owned enterprise reform', I feel that the collective bidding trend is quite good!"
"Indeed, many stocks that fell violently yesterday did not panic sell in today's call auction. It looks like... they have fallen in place."
"Fortunately, there was good news before the market opened, otherwise I would have had another brutal sell-off today."
"Indeed, I hit the limit twice in a row. I hope there will be a retaliatory rebound to bring me back some blood."
"Is it difficult to retaliate with a rebound? Hey... the requirements are not high. It would be very good if the Shanghai Stock Index rose by 2 points under the positive stimulation today."
"A 2-point increase is not too much to ask for, right?"
"If 'Big Finance' cannot hold on, if the Shanghai Stock Index can maintain a 1-point increase at the afternoon close, it will be a victory."
"A one-point increase shouldn't be a problem, right?"
"I hope that yesterday's decline can be reversed, so that there is a high probability that the market outlook will be promising. Otherwise, even if the index rebounds today, there is a high probability that it will fall back again in the future."
"It is definitely impossible to reverse the package. It feels like the market has not bottomed out at this position."
"After falling so much, has it not bottomed out yet? I think the index should have almost reached this point."
"I also feel that the index is at this position, which is almost the bottom of the stage. The bad news about the IPO restart has been reflected by now, and it should be over, right?"
"Whether the index has reached a staged bottom depends on the distribution of the market's core main line chip structure."
"At present, all the funds on the market that should be sold have been sold, right? It feels that all kinds of selling orders have been almost cleared, and the index should not continue to plummet in the following period."
"Even if the risk of the index continuing to plummet is not great, the downward trend is still scary!"
"Yes, the key is that the main lines of the market and the trends of each stock are not consistent. It is possible that the index fluctuates slightly by one point, and many votes have to be adjusted by 10 points."
"It's better to be cautiously optimistic."
"Let's take a look at the specific situation after the market opens, and then it's not too late to make a move."
"Yes, I think trading on the right side is much more reliable than trading on the left side. The risk of attacking on the left side is really too great."
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"There is no essential difference between the right side and the left side. You have to lose when you deserve it."
"In the market's downward trend and turbulent trend, it is easy to copy the left side halfway up the mountain, and the right side is easy to chase the top of the mountain. If you ask me...at this stage, light positions are the most important."
"Yes, yes, warehouse control, warehouse control..."
"It's useless for me to say that it's useless to pay so much attention to small funds. Just look for the opportunity and just use a shuttle."
"I feel that short-term speculation and short-term speculation are obviously more suitable for us. The so-called long-term investment is actually just big money cutting leeks and fooling around."
"It's not all deception. There are actually a few long-term bull stocks in the market that are suitable for long-term investment."
"Only after you have stepped out, you will know that it is a long-term bull stock. If you have not stepped out, it is a junk stock. There are nearly 2,000 stocks in the market. The probability of betting on a long-term bull stock is really very small."
Many retail investors were having heated discussions in the discussion area of the trading platform.
The market trading time has passed 9:30.
After five minutes of short-lived emotional brewing, the trading market of the two cities just started to beat again. 'Big Finance' led the rise, as well as 'Infrastructure', 'State-owned Enterprise Reform', 'Infrastructure', 'State-owned Enterprise Reform', ' Internet finance' and other early popular main areas have been attacked by a large amount of buying funds, and related industry sectors and concept sectors have experienced rapid growth.
At 9:31, the Shanghai Stock Index rose by more than 0.8%, and the securities and insurance industry sectors both rose by more than 1.3%. Among them, several core stocks such as Western Securities, Founder Securities, and Xinhua Insurance rose rapidly, rising by more than 3 %, significantly outperforming the index.
At 9:32, the early popular themes of 'infrastructure', 'state-owned enterprise reform', and 'Internet finance', related industry sectors, and concept sectors all launched a relatively rapid upward trend. Among them, the real estate sector rebounded across the board, and the sector index The increase quickly exceeded 1%, and core popular component stocks such as Kumho Group, China Fortune Land Development, and Gemdale Group, which suffered sharp declines yesterday, are all rising at the moment, and the buying power is strong.
At 9:33, the Shanghai Stock Index rose by more than 1% and returned to above 2260 points.
At 9:34, the securities sector's gain expanded to about 1.65%, continuing to lead the gains in both markets.
At 9:35, 'Internet Finance' restarted its upward trend. Hua Ke Financial and Shanghai Steel Union surged straight up, with an increase of more than 7%. Tonghuashun, Hengsheng Electronics, Oriental Fortune and other stocks also surged sharply, outperforming index.
At 9:36, the Shanghai Stock Index rose to an increase of 1.12%, setting a new intraday high. At the same time, market buying further spread, and the early adjustments in "infrastructure", "state-owned enterprise reform", and "Internet finance" were relatively fierce. In the short term, Mainline areas with larger declines have also experienced rapid and violent rebounds.
At 9:37, suddenly, the buying volume in the banking sector began to weaken.
At 9:38, the banking sector index began to fall from its intraday high as the buying power was significantly weakened.
At 9:39, affected by the decline in the banking sector, the sector index trends of securities and insurance, which are also core industry sectors in the 'big finance' field, also showed a decline.
At 9:40, the overall buying volume in the market began to decline.
At 9:41, with the overall volume of the market weakening, the market trends of the main lines of the market began to diverge. Among them, the 'big financial' line continued to fall, showing a trace of the trend of insufficient capacity to handle the situation, and the trend of rising and falling. On the contrary, the majority of investors in the pre-market market are generally not optimistic. The main themes of 'infrastructure', 'state-owned enterprise reform' and 'internet finance', which are somewhat oversold in the short term, are still getting stronger and stronger, attracting all kinds of bargain hunting, Speculative funds are pouring in rapidly. As for the main areas such as 'consumption', 'medicine', 'non-ferrous metals', 'coal', and 'smartphone industry chain' that follow the index fluctuations, they are also following the line of 'big finance' at this moment. Showing weakness, it began to gradually lag behind the index's gains.
At 9:42, the differentiation of the main lines of the market became increasingly obvious.
At 9:45, the 'big finance' line recovered all the gains after the opening. At the same time, the main capital flows in several core industry sectors, such as banking, securities, insurance, etc., began to rise sharply from the opening. Net inflow changes to net outflow.
At 9:48, the index of the real estate industry sector in the fields of 'infrastructure' and 'state-owned enterprise reform' exceeded 1.5%, surpassing the previous securities sector and becoming the new leading industry sector in the two cities.
At 9:50, the two major short-term oversold main lines of 'infrastructure' and 'state-owned enterprise reform' continued to be hunted down by various funds on and off the market.
At 9:55, the market conditions were completely concentrated in the area of "oversold rebound". Instead, it was the "big financial" area that had major positive stimulus before the market opened. At this moment, it not only recovered all the gains that had surged after the official opening, but also returned to normal. It gave up a lot of gains from the high opening, and all major funds in related industry sectors showed an outflow.
At 10:01, the major industry sectors of real estate, construction decoration, building materials, and film and television media led the gains, while the growth of several major industry sectors in the main line of 'big finance' retreated to the middle of all industry sectors in the entire market.
At 10:05, the market's main funds began to focus on the three main areas of "infrastructure", "state-owned enterprise reform" and "Internet finance" that were seriously oversold.
At 10:10, after the previous 40 minutes of formal trading.
The market time-sharing volume can stabilize, and at the same time, the differentiated performance of various industry sectors in the market and the market hierarchy are also reflected more clearly.
I saw that the 'big financial' sector, which was strong at the beginning of the session, became weaker and weaker.
The three popular themes of 'infrastructure', 'state-owned enterprise reform' and 'Internet finance', which were not favored by everyone before the market opened, have once again become the core of market development, focusing the attention of the entire market and various industries. The direction of attack of the party’s main funds.
Of course, when the market changes...
The core of market speculation has also quickly changed from 'finance' to 'oversold rebound'.
And all of a sudden, a number of popular stocks on the main lines of "infrastructure" and "state-owned enterprise reform" that had fallen very badly in the early stage, such as "Beixin Road and Bridge, Beijiang Communications Construction, Shanghai Construction Engineering, Kumho Group, Chongqing Development, China Fortune Land Development" ' and other stocks have also experienced violent rebounds and surges. Whether it is its buying performance on the market or the net inflow of main funds, it has been greatly improved compared with yesterday and even in the previous period.
As for the 'military industry' field, which performed quite well yesterday.
In the first 40 minutes of trading today, it did not show any sustained market trends, and it was in a relatively weak industry sector in the market.
Of course, if there are smart investors who keep an eye on the 'military industry' sector.
You should be able to find that the buying power of this main line is not weak.
"Hey, 'big finance' is really not stable. It has become the only sector that has no profit-making effect in today's market." Seeing the performance of the market in the first 40 minutes, at this moment in the magic city, inside Zexi Investment Company, the fund In the trading room, Zhou Kan couldn't help but sigh, "Unexpectedly, the three main lines of 'infrastructure', 'state-owned enterprise reform' and 'Internet finance' have become the mainstay of the market again, and thanks to the overall market situation of these three main lines With the recovery, the whole market's 'oversold rebound' line seems to have been brought out."
"Unexpected, but reasonable!" Xu Xiang, who was beside Zhou Kan, sighed softly and responded, "Even if there is a direct positive stimulus, the market does not have that much money and is willing to take over and support it." Big Finance' is the line."
Zhou Kan nodded and continued: "If the benefits of 'big finance' cannot rise, it will be basically abolished in the short term. Instead, the three core main lines of 'infrastructure', 'state-owned enterprise reform' and 'Internet finance' will be different in the early stage." After the main funds fled on a large scale, looking at the rebound trend of these three main lines today, the market pressure seems to have completely lightened, and there are signs that the adjustment is over and the decline has stopped."
"Judging from the 40 minutes of trading at the beginning of the market, the rebound strength of these three main lines is indeed not weak." Xu Xiang stared at the trading market of the two cities and nodded slightly, "But to say that the adjustment is over, at the moment... say this It is still too early to say, after all, the market sentiment has not recovered, the capacity is insufficient, and the rebound trend may not be sustainable.”
"But fortunately, this time the regulators have taken considerable action, and their determination to maintain the market has once again been demonstrated."
"This gives the market a good policy support signal."
"With this signal, when everyone expects that regulators will continue to introduce various benefits to offset the disadvantages of the IPO restart, it is not far from the reversal of the market's long and short trend. Generally speaking, at the current stage, the index continues to plummet. The risks are limited, and the hope of a reversal to the upside, although not much, is still there."
After hearing Xu Xiang's analysis, Zhou Kan thought for a while and said: "In that case, then...should we also adjust our trading strategy and get some more cost-effective chips at this position?"
