When 20 consecutive large buy orders of ten thousand lots each swept across the trading screen of 'Meiyan Jixiang' like a raging tide.
In just a few short seconds, the stock price of 'Meiyan Jixiang' surged directly from around a 6.35% increase to the daily limit price.
Immediately after...
Before many investors who were following and rushing to buy this stock could react.
Various quick-witted active market funds had already flocked to the daily limit price of this stock, massively rushing to buy and follow up, blocking the buying channel.
Seeing that the stock price of 'Meiyan Jixiang' hit the daily limit, and the follow-up buying capital increased rapidly, Su Yi knew that the pressure to seal the limit was not very high at this time.
So, he once again followed the active speculative funds rushing to buy at the daily limit price, continuing to place a one hundred million yuan, totaling 220,000 lots of main capital buy orders at the daily limit price, completely sealing the daily limit of 'Meiyan Jixiang'.
After he further placed orders to seal the limit.
At 2:15 PM, the daily limit buy orders for 'Meiyan Jixiang' rapidly surged to over 600,000 lots.
At the same time, the intraday turnover rate reached 27.89%, and the floating chips on the trading screen were basically fully exchanged, forming a sufficient exchange.
"Holy cow... 'Meiyan Jixiang' actually hit the daily limit?"
As 'Meiyan Jixiang' completely sealed its daily limit, in the 'Magic City Ultra-Short Group' speculative funds' internal chat group, Old Zhang from 'Xinzha Road', who previously held 7 million shares of 'Meiyan Jixiang', was completely stunned.
He couldn't help but laugh,
"A pleasant surprise, a pleasant surprise! Luckily, I held back and didn't sell the shares, otherwise, I would have missed this daily limit."
"Congratulations, instantly recovered 1 million in profit."
Old Wu from 'Yintai Road' congratulated,
"This stock 'Meiyan Jixiang', this rally... is too unexpected."
"Alas, I was one step late again in placing my order, always off by a second or two, speechless."
Xu Qiao said helplessly,
"The capital that pulled 'Meiyan Jixiang' is truly awesome. This positioning technique... is truly admirable."
"Challenging the leader?"
Brother Chen from 'Xinyue Road' pondered for a moment and asked.
Xu Qiao replied,
"It's clearly positioning against the trend of the leader 'Teli A', and currently, this logical line seems to be fully established."
Just as Xu Qiao was speaking.
At this moment, on the trading screens of both markets, the market conditions were surging.
In various hot short-term speculation areas, all the high-positioned consecutive daily limit stocks were undergoing corrections and sharp declines, while low-positioned first-limit and second-limit stocks, driven by the strong daily limit of 'Meiyan Jixiang', were rapidly attracting a large number of active short-term funds to follow suit, with all stock prices climbing with volume.
At the same time, in the 'CSFC holdings' concept sector.
A group of related concept stocks that shared the same concept as 'Meiyan Jixiang' and had relatively small floating shares.
At this moment, they were all violently counter-attacking, with stock prices steadily rising.
Also, the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index were, at this moment, rapidly rebounding with volume amid the sudden warming of short-term speculation sentiment, further narrowing the market's decline.
In contrast, the stock 'Teli A', which was also under high market investor attention and discussion.
When 'Meiyan Jixiang' hit the daily limit, its stock price not only did not follow the rise but continued to fall, with the sell-off becoming more rapid, more active sell orders on the screen, and fewer active buy orders.
"The main capital pulling 'Meiyan Jixiang' played this 'high-low switch' move incredibly well."
After noticing the market's overall change in form after 'Meiyan Jixiang' hit the daily limit, Brother Chen from 'Xinyue Road' was completely stunned, deeply shocked in his heart.
"This trading technique, this timing... is simply explosive."
"A circulating market capitalization of tens of billions, daring to challenge for position at this time, truly impressive."
Old Wu from 'Yintai Road', who understood the other party's trading logic, also had to exclaim at this moment.
"Quickly chase the main theme of 'CSFC holdings'."
While admiring the main capital that just pulled 'Meiyan Jixiang', Xu Qiao's eyes were fixed on the 'CSFC holdings' concept sector, which had already shown a certain profit-making effect.
"'Meiyan Jixiang' successfully challenged 'Teli A', so it's highly probable that the 'CSFC holdings' concept theme will replace the 'SOE Reform' theme and become the recent speculation hotspot."
Saying this, Xu Qiao, without hesitation, violently placed consecutive 30,000-lot main buy orders on 'Beihua Co.', a stock that was rapidly surging and had also disclosed CSFC's new holdings in its semi-annual report, assisting this stock in quickly sealing its daily limit and taking a position.
After he placed enormous main buy orders.
After about 20 seconds, 'Beihua Co.' successfully sealed its daily limit.
And the moment 'Beihua Co.' successfully hit the daily limit, other related concept stocks such as 'Yongan Pharmaceutical, Lansheng Co., Yangguang Lighting, New World, Guoxin Culture, Wenfeng Co.' also further violently surged, rapidly siphoning active short-term funds from other concept theme areas in the market, as well as from other high-positioned popular concept stocks.
"No need for 'highly probable' anymore, the 'CSFC holdings' concept theme has already siphoned active short-term funds from the entire market."
Brother Chen from 'Xinyue Road' said,
"In this way... 'Teli A' and the 'SOE Reform' concept theme are likely finished."
"Good thing I didn't bottom-fish 'Teli A' today."
"Old Zhang really had good luck today!"
"Who would have thought that 'Meiyan Jixiang' would challenge for position at this moment?"
"Huh... I always feel that the main capital that just traded 'Meiyan Jixiang' has a very familiar trading style!"
Old Zhang from 'Xinzha Road' kept his eyes fixed on the market trend of 'Meiyan Jixiang' and checked the specific buying movements and order quantities of the main capital that violently pulled 'Meiyan Jixiang' earlier in the historical transaction records, exclaiming in surprise,
"It's truly like when Brother Su previously ignited the rally and challenged the market's bullish sentiment during the bottom surge of 'Teli A'. This positioning... is truly masterful."
"Don't say it, it really does look a bit similar."
Old Wu from 'Yintai Road' pondered and said.
"Holy cow, could it really be Brother Su?"
Xu Qiao's heart trembled, and he quickly tagged Su Yi,
"Brother Su, that move on 'Meiyan Jixiang' just now, couldn't have really been your doing, could it?"
Su Yi saw that 'Meiyan Jixiang' had already led the entire 'CSFC holdings' concept theme out.
And the 'CSFC holdings' concept stocks that followed 'Meiyan Jixiang' in rising and sealing their limits, as well as other first-limit and second-limit low-positioned stocks in popular concept theme areas such as 'newly listed stocks', 'restructuring through backdoor listing', 'China-Japan-South Korea Free Trade Zone', 'domestic software', etc., were also continuously increasing.
He knew that the market's 'high-low switch' speculation logic line and the 'CSFC holdings' concept theme speculation situation had been formed.
He couldn't help but smile and replied in the group,
"Yes, seeing Brother Zhang lose money on 'Meiyan Jixiang', I couldn't resist making a couple of moves, buying a little bit of shares, giving Brother Zhang a boost."
(End of Chapter)
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