I saw that under the concentrated explosion, the Shanghai Composite Index rushed up sharply for a period of time within 30 seconds after the reopening, and hit 2481.39 points in a straight line, continuing to hit a new intraday high and a new high in this round of rebound, and the intraday increase was also rapidly pulled to a position of 2%, which is getting closer and closer to the important threshold of 2500 points.

However, the next minute.

At 1:01, after a brief impact to 2480 points, the Shanghai Composite Index turned around and slipped rapidly.

Immediately afterwards, at 1:02, a number of high-level stocks in the two popular core main areas of "infrastructure" and "state-owned enterprise reform" began to further explode, and the active sell orders on the disk showed a significant increase.

At the same time, other main line areas of the direction.

For example, in the field of "growth stocks" on the small and medium-sized board and the growth enterprise board, in the field of "big finance" and "cyclical non-ferrous metals", especially in the core medium and large-cap stocks of institutional heavy positions, there are also instantaneous concentrated sell-offs, which suppresses various stocks and related sector indices.

At 1:05, the Shanghai Composite Index returned below the 2476 level, giving up all the gains in the first few minutes after the opening.

At 1:06, Huaguo Construction, Huaguo Railway Construction, Huaguo Communications Construction, Huaguo China Construction and other "infrastructure" core stocks, in the concentration of a large number of sell-offs, the rise fell rapidly, among them, Huaguo Metallurgical appeared on the price limit board smashing 100,000 hands, its price limit opened.

At 1:08, in the case of Huaguo Metallurgical Fried Board, the market was extremely hot, and there were signs of fever.

At 1:10, the Shanghai Composite Index fell back below 2470 points, and the gains retraced to around 1.5%, while the two stocks also fell from nearly 60 to about 50, and several stocks exploded.

At 1:15, Huaguo Construction's increase fell to 5%, and the turnover exceeded 1.3 billion.

At 1:17, the market's time-sharing volume was exhausted, and the concentrated selling of many popular stocks began to stop, and the gains of indices and individual stocks also began to slowly rebound.

"Why do you always feel like you're out of breath?"

Seeing that the market was diving for no reason at the beginning of the afternoon session, some retail investors reluctantly sighed at the fiercely discussed stock trading forum.

"The range of 2400 points to 2500 points was originally the apex area of the index falling from a high level last year, and the hedging disk was extremely heavy, and the intraday trend was repeated, which is also normal. But look at the overall ...... In fact, after the index entered the range of 2,400 to 2,500 points, no matter how it fluctuated, the center of gravity of the center of support has been rising."

"If you look closely at the trend of the index K-line, it is indeed constantly oscillating higher."

"There is nothing to worry about, no matter how the intraday shock, the index will continue to rise, after all, the upward trend has been formed, there is no major downside, it is difficult to change."

"The Shanghai Composite Index is one or two points away from 2,500 points, either today or tomorrow, anyway, this week, the Shanghai Composite Index will definitely see 2,500 points."

"After the previous lesson, anyway, no matter how the board fluctuates now, I will hold the chips in my hand."

"Shake, shake the position, maybe when the Shanghai Index attacks 2500 points, the pressure will be lighter."

As long as the market of this check is not over, the market of the two core main lines of "infrastructure" and "state-owned enterprise reform" will definitely not end, and in the recent period...... As long as the two core main lines of "infrastructure" and "state-owned enterprise reform" are not over, the upward trend of the natural index has not ended, and we are firmly optimistic that the Shanghai Index will hit 2,500 points!"

"I am also optimistic that this wave is definitely the start of the bull market."

"If you are willing to throw, you can throw it at this time, I will wait for the person who throws at this time, and then recover the chips when the Shanghai Composite Index is 2700 points, or 3000 points."

"A little wind and grass is not light? As for it!"

"This diving is so normal, obvious

It is the main capital in the market, and it is in the final reshuffle."

"Afraid of what? The main lines of the market, as well as related concept sectors, are still in a trend of net inflow of large funds, and the Shanghai Composite Index of 2,500 points is not a problem at all!"

"Everyone, the pattern, the pattern is going to be opened!"

"Holding shares is the most difficult, and it is recommended that people who are not firm in their hearts will not look at the market, so as not to be nervous."

"Normal adjustment, look at it, at the close, even if the Shanghai Composite Index can't touch the 2,500 points, it will definitely be able to refresh the intraday high."

"Today must be a long white candlestick trend, don't worry about it at all."

"Here you have to lure a wave of shorts, clean up the floating chips, and finally attack, so that there will not be so much selling pressure, so a short dive is a very normal thing."

"Huaguo MCC's fried board doesn't mean anything."

"Look, isn't the index going back up? If you want me to say...... At this time, it is stupid to rush to sell the funds!"

"Anyway, I'm on the Dragon and Tiger list, and if I don't see Mr. Su selling seats, I will never hand over the chips in my hand easily, after all, I have suffered a lot of losses before."

"In a long-term upward trend, if you want to make the most profits, you have to cover stocks!"

"That's right, the bull market is coming, and you must stick to it in order to make the most profits."

"Look at the market sentiment, look at the trading volume, I really don't believe I can't get 2500 points."

"Looking at it, both inside and outside the market, it is all good, and when I passed by the brokerage business department yesterday, I observed it, and it was obvious that the number of people opening accounts is increasing."

"Yes, there are still many people who have not entered the market, and there will definitely be a big market in the follow-up market."

"The "New National Nine Articles" is the engine of the market bull market, firmly optimistic, firmly holding shares, this time...... Whatever you say, you have to hold the quality chips in your hand."

In many retail investor groups, for the market short-term volume dive, do not care at all, and still continue to be optimistic about the market outlook, emotional, the Shanghai Index hit 2500 points, and even the "bull market pattern" with great optimism and expectation at the moment, at this time some of the main capital internal discussion group, many of the main capital perception of the market is more keen, but there is a sense of worry.

For example, Su Yu is in the main Yuhang tour capital group......

A large investor with a heavy position in Huaguo Metallurgical quickly raised a question in the group after Huaguo Metallurgical fried a huge amount of boards: "On the market news, is there any downside? Why, all of a sudden, a lot of core blue-chip large-cap stocks are selling so much."

For the collection of market news and intelligence, although the vast majority of the main investors have certain advantages.

However, for the news of decision-making changes from within the regulator, such as "IPO restart", large institutions with state-owned assets still have priority in obtaining information much faster than them, so ...... When the relevant rumors began to circulate from the inside to the outside, they would not be informed in time, and could only make side guesses and use their own information channels and connections to verify according to the flow of funds on the market and the changes in stock prices.

"Everything is calm, and it doesn't seem to be any bad news, right?"

"The concentrated sell-off of large-cap blue-chip stocks seems to have indeed seen a wave just now, and most of them are core stocks in the two main areas of "infrastructure" and "state-owned enterprise reform", among which ...... There are not a few stocks held by Mr. Su! Don't...... Did Mr. Su reduce his position and take profit in advance?"

"Could it be Mr. Su? But Beixin Road and Bridge, the concept stock of Su Zong's heavy position, has not changed much!"

"Today's turnover of Beixin Road and Bridge is also quite explosive, and Mr. Su's position in this stock should be about 120 million in total, according to the turnover data of Beixin Road and Bridge today, it can be out."

"Huaguo MCC is indeed a constituent stock held by Mr. Su, but the main force of this check, in addition to Mr. Su, also has the seat of Mr. Zhang, the 100,000 hand-to-hand orders just now are not necessarily Mr. Su's handwriting, and according to Mr. Su's Lingli method, the more than 10 billion chips in his hand, once the market is sold, will not only cause this fluctuation."

"What's going on? I ...... in my heart I don't feel good!"

"Don't worry, the hot mainline concept stocks in the entire market, on the whole, are still quite stable, and there are not many rapid dives and fried boards."

"2500 points are just around the corner, such a strong market expectation, there is no reason not to touch it, right?"

"I always feel that there is some potential market downside."

"After the market entered 2400 points, in recent days, it has been quite ink, I don't feel too worried, looking at today's trading volume, the market liquidity is obviously climbing rapidly, in this case, even if the market suddenly encounters bearishness, it is easy to get out of the position."

"Yes, as long as it's not like the previous situation where liquidity dried up, I'm really not afraid of bearishness."

"Let's take a look again, the wave of diving just now is indeed a little weird, but it's not clear what the situation is, and then see how the market reacts in the future."

"There are a lot of main funds that continue to increase their positions today, and I feel that the index should continue to rise in a wave."

"Today's market should not fall anywhere."

"As for whether Mr. Su sold his chips in the intraday, there should be traces on the dragon and tiger list behind the market."

"The amount of energy is still on the top, don't worry."

"Hey, I don't feel right, cowardly, let's withdraw first."

"I'll stay a little longer, I feel that the high point of this wave of the index should be above 2500 points, and the check of Beixin Road and Bridge, the trend of the big demon has been completed, maybe it can go 5 times, 10 times the bull stocks, and I feel that Mr. Su is likely to lock up his position today, otherwise Beixin Road and Bridge will not be so resolutely sealed today."

"I feel that in the wave just now, the stocks sold were all stocks piled up by institutions, and there may be any downsides."

"These institutions are too reluctant, they all want to sit in a sedan chair, and no one wants to lift a sedan chair and assist."

"I wanted to raise another hand and assist the Shanghai Finger to hit 2500 points, but I heard you say that...... I'm starting to hesitate again."

"Let's take a look at the market volume changes and market trends in the next 1 hour or so!"

"yes, not to take the time."

Under the keen perception of the market, everyone's trading strategy began to diverge.

And such a divergence is reflected on the disk, that is, when the market trading time enters 1:20, the time-sharing energy of the entire market is obviously further attenuated, and the main funds of all parties begin to be cautious, while the majority of retail investors are still actively increasing their positions and following the trend at a high level.

At 1:25, Huaguo Metallurgical tried to close the daily limit, but there was no strong main capital to seal the board, so that even if the stock price was pushed up to the price limit for a while, it could not be blocked.

At 1:26, Huaguo Metallurgical was once again subjected to a large number of concentrated selling, and the stock price also fluctuated again.

At 1:30, after the Shanghai Index rebounded, it began to fluctuate around 2460 points to 2470 points, and it was difficult to go further.

At 1:35, in other main areas outside the core main lines of the two major markets of "infrastructure" and "state-owned enterprise reform", stocks that have rebounded sharply have shown a significant downward trend, among which a number of stocks such as "Internet Speed Technology, LeTV, Huayi Brothers, and Oriental Wealth" have fluctuated lower.

At 1:42, the turnover of the two cities exceeded 100 billion, and several popular main lines in the market, although they still maintained a strong shock trend, but on the board of many stocks, the net inflow of main funds has begun to reverse.

At 1:55, the Shibei high-tech fried board, and the price limit board of Beixin Road and Bridge also appeared again.

Subsequently, when the market trading time entered 2 p.m., the Shanghai Composite Index could not even hold the 2460 points, and could only fluctuate around the range of 2450 points to 2460 points.

Eventually, when 3 o'clock in the afternoon came, the two markets closed.

I saw that the Shanghai index was designated at 2456.37 points, up 0.97%, the Shenzhen Index and the ChiNext Index rose 0.69% and 0.58% respectively, and the final closing gains of the three major indexes were compared to the intraday highs.

In addition to the increase in the index itself, the overall turnover of the two cities reached 129.879 billion.

Although this amount of energy has been located near the new annual turnover high just set the day before yesterday, compared with the trend and current situation of the large volume in the morning of the disk, the final turnover performance is still somewhat less than expected, which shows that compared with the previous trading days, the market is in a significant shrinkage trend in the afternoon trading performance.

In addition, the attenuation performance of quantity and energy also shows the attitude of the main funds in the market.

This shows that in the afternoon market trading, for unknown reasons, the main funds inside and outside the market have obviously become cautious in following the trend and taking the initiative to buy and sell.

Of course, in addition to the subtle changes in the amount of energy, the specific market.

Although the market once again walked out of the intraday trend of rushing up and falling, in terms of the closing results, the index still hit a new closing high and a new annual high for this round of rebound, and the upward trend has not been abnormal, and whether it is the index, or the two core main lines of "infrastructure" and "state-owned enterprise reform", as well as other popular hype main lines, the overall support center of gravity is still moving upward.

In other words, the market as a whole is still in a volatile upward trend.

And as long as the overall upward trend does not change, and the market still has a strong continuous money-making effect, the Shanghai Composite Index 2500 point mark can still continue to look forward.

And then there's ...... As the market's popular core stock and hype sentiment vane.

The two stocks of Beixin Road and Bridge and Beijiang Jiaotong Construction are still closing with a daily limit today, which shows that the hype in the market is still at a high level, and the active funds in the market, as well as the majority of retail investors, have not reduced the level of risk appetite that they can bear when chasing profits.

"After the index entered 2,400 points, the market selling pressure was not small for several consecutive trading days, and the index was far less profitable than in the early stage." Seeing such a closing situation, at this moment, inside Jingda Investment, in the main fund trading room, the general manager Gu Chijiang frowned slightly, and said, "Today's volume is not very ideal, I always feel that such a small step up, the Shanghai Index hit 2500 points, I am afraid it will be more and more difficult."

The so-called one blow, then decline, three and exhaustion.

If the unanimous bullish sentiment that has finally gathered is gradually worn away by the continuous market shocks, it will inevitably cause everyone's expectations to be lowered, which will derive more divergent views, and this ...... Naturally, it will also lead to a growing divergence between long and short in the market, more and more selling, and more and more difficulties for the index to rise.

Hearing Gu Chijiang's words, fund manager Lin Tingzong responded: "The range of 2,400 to 2,500 points in the Shanghai Composite Index is originally an extremely heavy area in the early stage.

"Can the Shanghai Composite Index really effectively hit the 2,500-point mark in the future?"

"It still depends on the continuity of the money-making effect of the two core themes of "infrastructure" and "state-owned enterprise reform", as well as the overall emotional reaction of the market."

"At present, today's market volume can reflect, although some are slightly lower than expected, but on the whole, there is no problem with the continuation of the money-making effect and sentiment...... The current market risks have not yet come to the fore, and we can still hold the position and wait."

"But today, Huaguo Construction, Huaguo China Construction, and Huaguo China Metallurgical are several core weighted stocks in the fields of "infrastructure" and "state-owned enterprise reform", and the trend is not very good." Gu Chijiang took over and responded, "These checks have obvious signs of concentrated selling, and they ...... These are all the core holdings of Mr. Su of "Yuhang Investment", and I always have a bad feeling in my heart.

」

Lin Tingzong thought for a while and said, "These checks, today's trend, is indeed not very good, but in terms of the closing results, the center of gravity of the upward trend of its stock price is still moving upward, and the peak of its chip structure in the field has not changed much on the whole, which shows that the internal chip structure of these checks is still quite stable."

"As for today's concentrated selling, it may be the handiwork of Mr. Su of "Yuhang Investment"."

"I don't think so, after all, Mr. Su's other heavy stock, Beixin Road and Bridge, still maintains a fairly strong up-limit trend."

"And, isn't it, on the dragon and tiger list later, you should be able to know."

"After all, the two checks of Beixin Road and Bridge and Huaguo MCC, today's increase, amplitude and turnover rate are enough to be on the list, and with the trading volume of these two stocks today, especially the huge amount of 100,000 hands on the board of Huaguo MCC, it is definitely impossible to avoid the disclosure conditions."

"Mr. Gu......"

Lin Tingzong paused and continued: "Our fund's positions in the two core main lines of "infrastructure" and "state-owned enterprise reform" are quite low compared to the average cost of the market, even if there is any trend in the market that we can't predict next, according to our holding cost and position capacity, it can also be fully reflected, so I think we don't need to be too anxious at this time, just wait for the subsequent trend of the market."

It has experienced the devastation of the bear market in the first few years.

Not only the majority of retail investors, can not hold the chips to make profits, once the market is less than expected shocks, they are not confident in the market outlook, the management personnel of various asset management institutions and fund companies also have the same psychology, will hesitate, afraid of rashly increasing their positions to the highest quilt, and afraid that after short-term profits, they will be trapped by excessive expectations and long-term investment thinking, and do not take profits in time, and in the end return the profits to the market.

Therefore, Lin Tingzong was still very clear and understanding of the concerns in Gu Chijiang's heart at this moment.

"Hopefully!" Gu Chijiang saw that Lin Tingzong was full of confidence, so he finally breathed a sigh of relief and didn't say anything more.

With the review and discussion between the two of them after the market, at this moment, the time has been shifted to 5:30 p.m., and the list of dragons and tigers in the two cities has been refreshed.

I saw a total of 21 stocks on the list today.

And among the 21 stocks on the list, the concept stocks of the two main lines of "infrastructure" and "state-owned enterprise reform" still occupy more than 40% of the share, and the overall pattern has not changed significantly from the market trading in the past few days.

Similarly, as a few days ago, the "Fortune Road" and "Fusheng Road" seats that many people are worried about have not appeared on any of the stocks on the list to sell seats.

Of course, in addition to the "Fortune Road" and "Fusheng Road" that meet everyone's expectations, they will continue to lock up.

According to the information disclosed by the Dragon and Tiger List, there are also those that exceed everyone's expectations and expectations.

That is, according to the calculation of the stock trading volume on the entire Dragon and Tiger list, this time, the trading volume of institutional seats can show a net selling situation, especially on a stock of Huaguo China Metallurgical Co., Ltd., the net sale of institutional seats is more than 37 million, which is very eye-catching.

There is also the core popular stocks of the two cities, the dragon and tiger list disclosure seats of Beixin Road and Bridge, the main capital involved in the early stage, there is a huge selling phenomenon, and the disclosure of the main capital trading situation, there is also a net selling phenomenon for the first time, with a total net sale of more than 18 million.

"'Fortune Road' and 'Fusheng Road' continued to lock up positions, Jiefang South Road, Chunhui Road, and Four Seasons Road were sold, and institutions were net sellers." After seeing the disclosure of the Dragon and Tiger List, at this moment, inside the Yuhang Anzhao Fund Company, in the fund trading room, Qin Qiuyue, the fund manager and president of the company, pondered the motives behind the main capital trading actions that were disclosed, and said with a little puzzlement, "Judging from the overall disclosure of the Dragon and Tiger List, it is obvious that the main funds active in the market are retreating, how do you feel at this time...... Mr. Su, who was invested by Yuhang, still hasn't moved? It shouldn't be!"

In her opinion, Su Yu should be the most sensitive one in the A-share market

shares of the main funds.

Now, on the market news, there is a faint bearishness, and she feels that the other party should not be unaware and unmoved, but she has not seen any signs of adjustment and reduction of the other party's position from the dragon and tiger list.

"This Mr. Su's position determination is indeed beyond the ability of ordinary people." Beside Qin Qiuyue, fund trading assistant Zhou Hui answered.

Qin Qiuyue glanced at Zhou Hui and asked, "Do you think the other party is indeed still locked?"

Zhou Hui replied: "Judging from the disclosure data of the Dragon and Tiger List, this is indeed the case, and other votes are not accurate, but at least the check of Beixin Road and Bridge, the President Su of Yuhang Investment, is absolutely not out of the position, after all, this check has risen all the way, and there are Dragon and Tiger List to disclose the trading situation, and this Mr. Su has such a large position, it is impossible to escape the regulatory rules."

"Could it be that the rumors in the market are fake?" When Qin Qiuyue heard Zhou Hui's words, her heart was full of doubts.

"Mr. Qin, what kind of rumors did you say?" Zhou Hui asked, "Judging from the current market news, there doesn't seem to be any bad news!"

Qin Qiuyue pondered for a moment and responded, "It's nothing, you continue to review, I'll think about it."

Originally, she had decided to reduce her position tomorrow and take profit trading strategy, but now she saw that the "Wealth Road" and "Fusheng Road" were still locking up positions, and she was obviously hesitant in her heart, after all, she has now completed the fund performance target for the first half of this year, and the follow-up earnings are all excess profits, and she can directly participate in the profit sharing.

Similarly, Qin Qiuyue was hesitant and had doubts in her heart.

At this moment, in the magic capital, inside Zexi Investment Company, in the fund trading room, Xu Shen stared at the disclosed data of the Dragon and Tiger list, and his expression was slightly surprised, and he was slightly shocked and puzzled that Su Yu could still maintain the situation of locking up his position, and said in a low voice: "Could it be that this guy's news is lagging behind, do you really think that the bull market is coming?" With more than 10 billion holding chips, at this time, it can still remain locked and remain unmoving."

"Boss, the news of the "IPO restart" is only an internal rumor at present, and it is not clear." On Xu Shen's side, Zhou Kan responded, "At present, it may also be fake news, and although there are many main funds selling today, it has not suppressed the bullish forces in the market as a whole, and there is...... Judging from the disclosure of the Dragon and Tiger List, the number of seats on the list is also increasing, which should indicate that the participation of active funds in the market is still improving, right? Maybe...... 2,500 points can really be crossed."

"Fake news?" Xu Shen was slightly stunned, "For what?"

Zhou Kan replied: "It's very simple, with the help of the news, continue to clean up the floating chips in the market, and reduce the pressure on the Shanghai Composite Index to cross 2,500 points, otherwise today's market reaction will be too bland."