"All of a sudden, where is such a large amount of selling?"

Seeing that the stock of Shanghai Trade was on the price limit, it was smashed by a continuous large single of 10,000 hands, the stock price plummeted, and the entire upward trend was ruined, the magic capital, Zexi Investment Company, in the trading room, Xu Shen's eyes stared at the rapidly changing disk, and his heart was very shocked: "50,000 hands, 180 million chips, according to the historical trend of this check for more than a month and the performance of the data of the Dragon and Tiger List, it stands to reason...... At this time, there should not be such a main force of funds, and this check is disclosed in the semi-annual report, and there are no large institutions holding positions! ”

"Mr. Xu......"

In Xu Shen's short contemplation, Zhou Kan's face also changed greatly, and he said urgently: "The Shanghai trade was smashed by this fund, and the mood of the disk has completely turned from strong to weak, and today's trading volume is too large, and the entire chip structure in the field has been loosened. ”

"What is more worrying is the flash crash trend of Shanghai's material trade."

"It has quickly affected the market sentiment of all the 'Shanghai Free Trade Zone' main line concept stocks, and now, the strong shares such as Yiyatong, Aijian shares, Duolun shares, and Chongqing Development have also opened the board, and there are a large number of selling orders surging out of the disk of these stocks."

"Fortunately, Waigaoqiao is quite stable, and there has been no significant increase."

"Now, what do we do?"

"Waigaoqiao is stable, Anxin Trust has released a wave of volume, and it has also maintained the momentum of four consecutive boards, which proves that market sentiment has not completely collapsed." Xu Shen thought about it in Zhou Kan's urgent report, and quickly issued an order, "The turnover of Shanghai trade has exceeded 1 billion, and the strongest selling force has just passed, on the disk, at this moment after the flash crash, the pressure on the disk is not great, try to use a 10,000-hand order, pull the stock price sharply, and see how the market reacts, if it ......"

He didn't have time to say what he said later.

At this time, I saw that on the disk of Shanghai Trading, there was another market sell order at the level of 10,000 hands.

This order directly brought the stock price of Shanghai Trade and Trade, which briefly hovered at 5%, back to the price at the time of opening, and the stock price plummeted again.

Here we are......

Xu Shen's eyelids jumped, and he had already noticed that there was a serious problem with the capital of this stock.

Because just 5 consecutive 10,000-hand large orders, 180 million funds, the stock price of Shanghai Trade from the price limit down 5 points of gain, but now, only a 10,000-hand large order, almost the stock price down 5 points of gain, which has proved that under this extreme fluctuation, the mood of funds to follow the trend is rapidly exhausting, there is not much money, willing to follow up here.

"Wait a minute......

Seeing such a change in the market, Xu Shen hurriedly withdrew the instruction he had just given, and continued: "There is no need to pull the plate to try it, sell it, sell it with liquidity, this check has peaked." ”

"But our position on this check is not small." Zhou Kan hurriedly said, "It will hurt to sell against liquidity!" ”

"It doesn't care so much." Xu Shen said, "Taking advantage of the fact that Waigaoqiao and Anxin Trust have not yet opened, and the market sentiment has not completely fallen, everyone still has a trace of expectation in their hearts, sell directly, regardless of the price, as long as there is liquidity, they will quickly take profit." ”

"It's ...... at this time"

"The point at which market sentiment has turned from strong to weak has emerged."

"If we hesitate any longer, the liquidity of the disk will be worse, the funds that dare to undertake will be less, and we will become more and more passive."

"At the same time, the other 'Shanghai Free Trade Zone' stocks we hold can now be released together."

"Once the Shanghai market and trade collapse, under the influence of emotions, all the hot concept stocks under the main line of the 'Shanghai Free Trade Zone' will not be able to stand alone."

"Okay!" Zhou Kan saw that the situation was grim and responded.

Then, he quickly issued instructions to the traders to frantically reduce the holdings of all the concept stocks of the entire fund on the hyped main line of the 'Shanghai Free Trade Zone'.

And with their reductions......

After briefly recovering some of the declines, the Shanghai trade quickly fell and was directly thrown underwater.

At the same time, there are more and more stocks that are fried and stocks that are rising and falling, and even several popular concept stocks of the 'Shanghai Free Trade Zone' are also smashed underwater in an instant, from around three or five points of gain, directly by tens of millions, or even hundreds of millions.

Of course, in the extreme movement of the entire market, popular concept stocks, have fallen back.

As the most sluggish retail investor group in the market, the perception of market sentiment and abnormal perception of the disk, at this moment, most people still have some hopes, thinking that this is just a normal pullback after the intraday rapid pull-up, and that the main hype of the 'Shanghai Free Trade Zone' is not over, after all, Waigaoqiao still maintains the form of a word board, and Essence Trust still maintains the situation of four boards.

"Hey, it's high again!"

"The index gains and the gains in the popular sectors have fallen so fast, what's going on?"

"The market has hit a pressure level, right? 2200 points are not so easy to break through, normal adjustment, I don't think there is any need to be afraid, and when the market digests this wave of selling pressure, it will definitely be able to go up. ”

"What is the situation of the Shanghai stock trade, after hitting the price limit, this stock fell too fast."

"It should be affected by the clearance of Fortune Road, right? But don't worry too much, this check is changing hands quite healthily today, and I think the trend will reverse in the afternoon. ”

"Not only the Shanghai trade, Jinshan Development, Aijian shares, Dajiang shares, Duolun shares, Chongqing Development and other stocks that are fast in the morning are all fried at the moment, I feel that today's disk is really a little abnormal, everyone...... In this case, you shouldn't be able to chase it, right? ”

"Huh...... It has risen so much that it hits the pressure level, which is quite normal. ”

"The index has completely broken through, these stocks are fried, I think it is like a wash, after all, if the main funds are really going to be shipped, why bother to pull to the price limit, work hard, and spend a lot of money?"

"The check of the Shanghai Stock Exchange, after opening the word board, has been violently volatile, and then it has risen step by step."

"Although today's shocks are more intense than in the past, but there are a lot of big funds traded at a high level today, and these funds are set up today, so I think the main funds will definitely stabilize the market in the afternoon, try to return to the seal, otherwise let the stock price fall like this, today's main funds that are traded at a high level on a large scale will not be shipped tomorrow."

"Moreover, don't the two checks of Waigaoqiao and Anxin Trust still maintain the posture of a one-word board?"

"To be honest, the Shanghai Stock Exchange, which lacks the Fortune Road, is no longer the core leading stock in the market, and Waigaoqiao and Anxin Trust are the soul of the market."

"As long as these two soul stocks can stabilize, the market will soon be able to recover quickly after digesting this wave of pressure positions."

"Moreover, there are many positive expectations on the main hype line of the 'Shanghai Free Trade Zone'."

"After all, I heard that in mid-September, some relevant policy plans for the 'Shanghai Free Trade Zone' will be introduced, and the 'financial reform' is only the first wave, and the follow-up various experimental reform policies must still be speculated."

"That's right, where is this going, saying that the main hype line of 'Shanghai Free Trade Zone' has peaked, so we have to wait for Waigaoqiao to open the board and finish the second wave."

"I also think it's just a mid-term hype at best."

"I still remember that when the Shanghai Stock Exchange opened the word board, on the day of the sharp adjustment, everyone also said that the stock had peaked, but it turned out that the follow-up check, so far, has almost doubled the rise, and ...... In the future, this check may double the price again. ”

"Yes, yes, I'm afraid that Gao will always be a hard worker."

"When I was in the early stage of the Shanghai Stock Exchange, I bought it at the highest point when it fluctuated for a week, and everyone advised me to cut the meat at that time, but the result was ...... I got it now, the floating profit has been more than 30%, not to mention the amplitude of these 12 points, and I have the ability to come to the floor of the sky, and I am not afraid. ”

"Shanghai trade from the price limit fall, it is indeed more than 12 points of decline, but if you count from the opening price, it has fallen less than 4 points, there is nothing to be afraid of, at least ...... At this time, it is much more cost-effective to buy than to chase high in the morning, right? ”

"Look, after many tickets have dived at a rapid pace, they have now begun to withdraw rapidly."

"The Shanghai market trade is also rising in a straight line, and it is about to be red."

"After a wave of diving, the index is now pulling back and quickly approaching 2,200 points."

"Kingsoft Development has succeeded in sealing ......"

"After a wave of diving, the two stocks of Shanghai Hong Kong Group and Shanghai Pudong Development Bank have not only recovered the decline of the dive, but also continued to hit a new intraday high."

"Washing, yes, it's definitely washing."

"In an upward trend, everything that dives and falls is a buying opportunity."

"Yes, yes, buy...... If you don't buy it at this time, you will definitely have to continue to chase higher in the afternoon. ”

"All the 'Shanghai Free Trade Zone' concept stocks, the average increase is less than 50%, the so-called '100-year plan', all concept stocks, how can you have to double the speculation first?"

In the heated discussion of many retail investors, in the situation that everyone still has some hopes......

At 11:15, after a wave of violent diving, the Shanghai Composite Index pulled back again to touch 2200 points, and at the same time, the collapse of the mood was slightly repaired, and the surging selling was also weakened.

At 11:17, the Shanghai trade rebounded from a minimum of 3.21% to a 1.23% increase.

At 11:21, Aijian shares were sealed, and the concept of "financial reform" re-set off a small climax of capital chasing.

At 11:23, the Shanghai Composite Index regained its footing at 2,200 points.

At 11:25, the increase in Shanghai's trade further rebounded to 3%, and the turnover exceeded 1.35 billion.

"What is the result of the deleveraging?" Seeing that the entire market, under the influence of the rapid collapse of Shanghai's material trade, the overall mood was not completely killed, Su Yu's eyes showed a trace of surprise, glanced at the time, and turned his head to Li Meng and asked, "How many positions have we not held on the three checks of Shanghai Material Trade, Shanghai-Hong Kong Group, and Shanghai Pudong Development Bank?" ”

Li Meng replied: "On the Shanghai Stock Exchange, we still have more than 30 million, almost 10,000 hands of chips; Shanghai-Hong Kong Group and Shanghai Pudong Development Bank have more than 20 million respectively, and with the current liquidity of these three checks, we can get out at any time with this little chip. ”

"Good!" Su Yu smiled and said, "In this way, it can be regarded as a safe appearance." ”

Li Meng nodded and continued: "In the morning, the three stocks sold a total of 560 million chips, and also returned 560 million funds, and now the overall position level of our fund has returned to a low position...... The index should be adjusted back to the ground, which is good for us. ”

"According to the market volume this morning, it can explode the situation......"

Su Yu said: "Style switching, index back adjustment, should be unavoidable." ”

Although at present, the hype sentiment of various funds for the main line of the 'Shanghai Free Trade Zone' seems to have stabilized again, but the amount of energy in the morning is too large, and the overall chip structure has been loosened.

In this case......

The amount of funds in the afternoon can not keep up, and panic selling will definitely occur.

"Style switch?" Li Meng said, "If the hype of the 'Shanghai Free Trade Zone' peaks, will the market style shift to the 'pan-mobile Internet' related concept plates and popular concept stocks on the GEM?" ”

Su Yu nodded and said: "This is inevitable, the market is currently only in these two directions, there are expectations, and it can carry billions or tens of billions of huge main funds." ”

"But don't rush it this time."

"Once the chip structure and hype sentiment on the main hype line of the 'Shanghai Free Trade Zone' completely collapse."

"With such a huge amount of active funds and profits gathered by this main line, the market adjustment should be very drastic."

"We had plenty of time to react."

"And there is ample opportunity to make a large-scale rebalancing when a sharp market correction comes."

"After the time passed September, the hype expectations of the third quarter financial report and annual report are very close, and they are on the cusp of the storm, and the core stocks related to the 'mobile games', 'wearable devices' and 'smart terminal mobile phone industry chain' in the industry are definitely not bad."

"These tickets, these areas, will be the next opportunity for us to invest."

"Hmm!" Li Meng nodded, agreeing with this.

Su Yu is quite forward-looking in the planning of investment strategies, which she admires very much.

While the two were talking, 11:30 arrived, and the two markets of hot trading were fully frozen, only to see that the Shanghai Composite Index closed at 2202 points, up 1.56%, and the Shenzhen Index and the ChiNext Index rose by about 1%, significantly lagging behind the rise of the Shanghai Index.

In terms of sectors and individual stocks......

The concept of "Shanghai Free Trade Zone", although it has experienced a wave of big dives, is still the absolute core of today's market, such as logistics, ports, real estate, and finance, the four major industry sectors, are still leading the two cities, and the overall increase in the sector exceeds the index by a lot.

Among them, in the concept sector, the concept of 'financial reform' took the lead, up 3.35%.

Other regional free trade zone concepts, low-level free trade zone concepts, commercial retail concepts, etc., have also performed more, and are in the forefront of the concept sectors of the two cities.

The core popular stocks, Waigaoqiao continued to shrink the number of boards, and only 9.86 million funds were traded in the morning; The epic earthquake of Shanghai trade and material trade, the maximum amplitude of the whole morning exceeded 14%, and the half-day turnover was 1.42 billion, almost the same as the turnover of the previous day; after the rapid daily limit of Anxin Trust in the morning, a huge amount was released on the board, but on the whole, it finally maintained a good trend of the daily limit at the end of the noon close, and stabilized the investment sentiment of the entire "financial reform" concept plate; Shanghai Pudong Development Bank and Shanghai and Hong Kong Group two stocks, in the case of huge capital trading, recovered the intraday diving range, before the noon closing, It once hit a new high in the intraday rally.

Others, such as Yiyatong, Robot, Chongqing Development, Jinshan Development, and Aijian Shares, are many popular stocks.

Although it was affected by the huge amount of capital selling, there was a huge dive, but in the end, the market sentiment still stabilized, especially Jinshan Development and Aijian shares, which were closed before midday.

Overall......

According to the trend of the two markets in the morning.

It seems that only the stocks of Shanghai Trade and Trade are injured, as well as the 'Lujiazui, Pudong Jinqiao, Jinjiang Investment, and Shanghai Sanmao', which have been hyped and abandoned by funds.

"Teacher, according to the trend of the morning market, the chip structure on the main hype line of the 'Shanghai Free Trade Zone' should have been loosened, right?" Seeing such a noon closing result, inside Yanjing and Anlan Fund, after eating, Xie Wanting, who carefully reviewed the market, pondered for a while and said, "I feel that the volume in the morning can be too much, according to the current market turnover of only 100 billion yuan, the market volume in the afternoon should be obviously insufficient!" ”

In today's market, in half a day, more than 67 billion transactions were traded in the two cities.

Such a change in quantity and energy, although the once-collapsed market sentiment was finally saved, always made Xie Wanting feel a faint uneasiness in her heart.