And as more and more short-term active capital groups flocked into the speculative frenzy around 'SOE reform and restructuring' and 'oversold rebound' concepts.
The constituent weighting stocks of the market's major indices.
Also, under the rapid buying of the 'national team,' they continued to climb upwards.
At 10:40 AM, the Shanghai Composite Index's intraday gain reached 1%, returning to 3500 points.
At the same time, Huaxin Securities, Huaguo Ping An, Huaguo Petrochemical, and the stocks of the four major banks were all violently pulled into positive territory by the 'national team' from their morning plunge of 5 to 8 percentage points.
Among them, 'Huaguo Ping An' even saw its trading volume surge to over 26 billion in just over an hour of trading, with an intraday amplitude exceeding 10%.
At 11:05 AM, the Shanghai Composite Index's gain reached 2.3%.
All 'big finance' weighting stocks, as well as the 'two barrels of oil' (Sinopec and PetroChina), 'Hua' series infrastructure stocks, and core constituent stocks of the ChiNext and SME board indices, saw significant increases.
At 11:20 AM, 'East Money Information, LeTV, and Hithink Flush,' three ChiNext Index weighting stocks, all hit their daily limits, and the ChiNext Index's gain reached 2.89%.
Then, at the midday closing.
The market's major indices all closed with gains above 2%.
Among them, the 'SOE reform and restructuring' and 'oversold rebound' concept theme areas, which were heavily speculated by short-term market funds, further triggered a wave of daily limit increases with the help of rapidly recovering sentiment.
After that, during the midday break, more positive market news emerged.
According to market news, the Ministry of Public Security has officially stationed personnel in the China Securities Regulatory Commission (CSRC).
Moving forward, the two departments will collaborate to strictly investigate malicious short-selling in the market.
Facing this explosive news.
Market investment sentiment, which had already seen some recovery under the 'national team's' genuine cash injection to rescue the market,
instantly heated up like a volcanic eruption.
Under the influence of this news, as soon as the market reopened in the afternoon, the three major stock index futures main contracts—'CSI 500 Index Futures, A50 Index Futures, and CSI 300 Index Futures'—were directly pushed up by massive buying orders and swiftly soared towards their daily limits at lightning speed.
Similarly...
A multitude of small and medium-cap 'oversold' concept stocks in the market that had not been suspended and had experienced continuous daily limit declines earlier,
at this moment, were also violently pushed up by countless large buying orders scrambling for shares, like launching rockets, sweeping aside all selling pressure on the trading screen and rushing straight to their daily limits.
At 1:12 PM, the Shanghai Composite Index's gain surged past 4%, and 'Huaxin Securities' hit its daily limit.
At 1:32 PM, the Shanghai Composite Index's gain continued to surge to 6%, and 'Huaguo Ping An,' with a trading volume exceeding 43 billion, approached an 8% gain.
By 2:00 PM, among all non-suspended stocks in both markets, fewer than 50 remained in a downward trend.
Finally, when 3:00 PM arrived, the Shanghai Composite Index settled at a 5.76% gain.
However, the Shenzhen Component Index and the ChiNext Index, due to too many constituent stocks being suspended, closed with gains lower than the Shanghai Composite Index.
But even though the gains of the two major indices slightly lagged behind the Shanghai Composite Index, the performance of related sectors and stocks
was not lagging at all.
In the entire Shenzhen market, small and medium-cap stocks belonging to the 'SOE reform and restructuring' and 'oversold rebound' concept theme areas almost all closed at their daily limits.
"Haha... I finally got to hold my head high!"
After the market closed, in the VIP trading room of Huaxin Securities' branch, an investment client whose positions had previously suffered continuous daily limits, and who had now finally weathered the darkness and welcomed the sunshine, couldn't help but laugh excitedly upon seeing the market's near-universal daily limit close.
"The Ministry of Public Security has stationed personnel in the CSRC, explicitly stating they will strictly investigate malicious short-selling. With such unprecedented market rescue efforts, who do you think dares to short now?"
"Today's news definitely warrants a daily limit."
Another investment client next to him happily agreed.
"The fall has finally stopped; this past week has been truly difficult."
"'Huaguo Ping An' traded over 60 billion today. The 'national team' forcibly pulled this stock from near its daily limit down in the morning to its daily limit up by the closing, which was truly aggressive..."
"More than a quarter of today's market turnover must be the 'national team's' masterpiece, right?"
"A trillion-yuan fund for market rescue! China Securities Finance Corporation (CSF) personally entered the market to buy stocks, and... it's said to be indiscriminate buying; they will buy all constituent stocks of the CSI 300 Index and CSI 500 Index. A trillion yuan of real money is being invested... This time, the positive news might truly be different."
With the comprehensive surge and Jedi counterattack unfolding in both markets, the previously silent and quiet VIP trading rooms regained some vibrancy.
Su Yi glanced at the people discussing.
He wanted to say that since the bull market's confidence had completely collapsed, the market would not stop falling so easily, but as the words reached his lips, he suddenly felt that these people had nothing to do with him; even if he kindly reminded them, it would only be a thankless task and completely unnecessary.
So, he paused and swallowed his words back.
"Brother Su, what do you think?"
Just as Su Yi was about to leave the trading room, an investment client with whom he had exchanged a few words and had a brief acquaintance asked,
"Do you think the Shanghai Composite Index can return to 4500 points, or even 5000 points, under the 'national team's' strong market rescue efforts?"
Su Yi smiled and said,
"No one can predict the future, and I'm also not sure if the Shanghai Composite Index can return to 4500 points, or even 5000 points. Anyway... I believe if there's an opportunity, participate; if not, rest. Just follow the market trend and national policies."
After speaking, he didn't care how they interpreted his words.
He simply turned and left the trading room.
After he left, as time continued to pass, post-market investment sentiment began to surge even further.
Many retail investors who did not have a clear understanding of the market, after their beliefs were once again swayed by a large bullish candlestick, couldn't help but regain confidence in going long and bullish, once again holding expectations for the market's future performance.
Meanwhile, post-market investment sentiment continued to recover.
The stock 'Teli A,' which created explosive profit-making effects during intraday trading today, leading the two major concept themes of 'SOE reform and restructuring' and 'oversold rebound,' and marking the first 'ground-to-sky' pattern (from daily limit down to daily limit up) of the day, saw its market discussion buzz and investor attention continuously surge, gradually becoming a hot stock discussed by countless investors after hours.
Of course, while discussing the logic behind the stock's surge and analyzing/predicting its subsequent market trend,
people were also curious as to who decisively broke the daily limit down and ignited the rally for this stock at the most critical moment of today's intraday market development, then, with explosive profit-making effects, triggered market speculation on the 'SOE reform and restructuring' and 'oversold rebound' concept themes, ultimately unveiling the 'Jedi Counterattack' market performance.
Just as the market buzz around 'Teli A' grew stronger and stronger, and people became increasingly curious and impressed by the main funds that had pushed up and primarily locked in 'Teli A'.
At 5:00 PM, the Dragon and Tiger list for both markets was refreshed, and 'Teli A' was, without surprise, on the list.
And when countless investor groups tracking this stock focused their attention on 'Teli A's' main buying seats, and saw that the 'Huaxin Securities Modu Financial Street Fuxing Road' branch had aggressively bought over 46 million yuan, ranking as the top buyer, clearly being the main attacker for 'Teli A' today, surprise appeared in their eyes.
Especially the many veteran investors, as well as seasoned market swing traders and big players, who were following this stock at that moment.
Their expressions showed extreme astonishment!
(End of this chapter)
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