The moment Li Jinshi's voice fell, "Shenhuo Stock" surged straight up in a vertical line, rocketing directly to its limit-up price.
Immediately after, before Chen Guiyun could even react, other active hot-money players in the market swarmed in, unleashing consecutive massive buy orders of over ten thousand lots to seal off the buying channels.
"What the hell, market sentiment is heating up way too fast."
Seeing Shenhuo Stock get locked at the limit-up instantly, Chen Guiyun, who hadn't managed to place his order in time, couldn't help complaining in the group chat.
"Didn't they say the market is starved for capital? These guys... their finger speed is still insanely fast."
For small-to-mid-cap thematic concept stocks possessing this kind of transition from weakness to strength and consensus expectations, the buying point often exists within a split second.
"No matter how starved the market is for capital, for relatively certain buying points, the amount of chasing capital won't be small either," Li Jinshi laughed and said. "Clearly, as soon as the call auction opened today, it signaled that sentiment across the two major main themes—'Mega-Infrastructure' and the 'Black Commodity Sector'—has shifted from divergence to consensus."
"In terms of the ability to forge a core market main theme..." Liao Guoxiang remarked, "that Huayi Capital fund is truly unbeatable, and the timing was seized masterfully."
"Spot on," Li Jinshi replied. "Purely from a technical analysis perspective, the index had adjusted to a level where a rebound was overdue."
"Sigh, I missed Shenhuo Stock. What else can we buy now?" Chen Guiyun let out a soft sigh and asked. "The stocks with market recognition in the 'real estate' and 'coal' sectors have basically surged heavily or hit their limit-ups."
"Let's play along the core main theme of 'Mega-Infrastructure'," Liao Guoxiang suggested. "I feel like the 'cement' sub-sector is worth exploring. It seems like that capital from Huayi Capital holds a pretty hefty position in this sub-sector as well. Stocks like Conch Cement and Beijing New Building Materials show a very high correlation in price movement with heavyweight stocks led by that institution Huayi Capital, such as Poly Real Estate, Vanke, and Shenhua Energy."
"The 'cement' sub-sector?" Chen Guiyun pondered for a moment. "That's definitely worth a try."
As he spoke, he shifted his focus to the cement sub-sector, which was moving in tandem with the real estate sector.
Within this sub-sector...
Accompanied by the rise of heavyweight large-cap stocks like Conch Cement, Beijing New Building Materials, and Jino Shares, related small-and-mid-cap cement concept stocks like Tianshan Cement and Xinjiang Communications Construction had already welcomed a massive wave of following buy orders, sending their share prices climbing step by step.
"Tianshan Cement seems to have a pretty good share temperament, and it was heavily hyped during the previous major infrastructure cycle. Market capital has a certain memory of it, so I feel like this is playable," Chen Guiyun paused, then added, "Old Liao, what's your take on this ticker? The core stocks in sectors like real estate, coal, and non-ferrous metals are already out of reach; if we play the divergence logic... this ticker should work, right?"
Liao Guoxiang replied,
"I see no problem with it. You can light the fire and test the waters."
"Alright,"
Chen Guiyun acknowledged.
Instantly, the capital in his hands poured into the order book of Tianshan Cement.
As he used successive major buy orders of ten thousand lots to drive Tianshan Cement's share price into a vertical surge within a mere dozen seconds, propelling it past a 5% gain, Chen Guiyun couldn't help letting out an "oh" of distinct surprise.
With less than 15 million yuan, he had just rocketed Tianshan Cement's share price from around a 2% gain straight up to a 6% gain.
This indicated that the current selling pressure on this stock's order book was far lighter than he had anticipated.
Furthermore, as he ignited the rally in Tianshan Cement—when the stock experienced a near-5% surge within a single minute and rapidly climbed to the top of the two exchanges' real-time gainers list, the most aggressive and active short-term capital groups in the entire market instantly took note of the anomaly in this stock.
Before he could continue deploying capital with ten thousand-lot orders to lift the order book, other active capital groups swarmed in hot pursuit, pouring into Tianshan Cement's order book to frantically snap up shares.
Driven by this fierce scramble from following capital, within a mere half-minute, Tianshan Cement's share price surged once again from around the 6% gain mark straight up to the threshold of a 10% gain.
"Old Chen, you were the one who lit the fire on Tianshan Cement just now, right?"
Noticing the vertical surge of Tianshan Cement heading straight for the limit-up board, Li Jinshi asked promptly.
Chen Guiyun chuckled and said,
"Yeah, I lit the fire, but I only threw in around 10 million yuan. The order book is way lighter than I imagined!"
"The timing of your fire-starting was absolute perfection," Li Jinshi praised. "Let me lend some supporting fire."
With that, he directly deployed a 10-million-yuan buy order to forcefully drag Tianshan Cement's share price to the limit-up board, assisting in sealing it.
Meanwhile...
Seeing that the timing was ripe and the definitive buying point had emerged, Chen Guiyun and Liao Guoxiang also poured consecutive massive buy orders of ten thousand lots into Tianshan Cement's order book, instantly sealing the stock's limit-up board solid.
As Tianshan Cement hit its limit-up in a straight line within a minute or two and locked the board, the entire cement sector began to stir with increasing intensity.
All conceptual stocks—including Conch Cement, Beijing New Building Materials, Jino Shares, and Xinjiang Communications Construction—surged in unison as an ever-growing influx of following buy orders poured in.
At that exact same moment, the architectural decoration and building materials sectors also stirred rapidly.
Stocks such as China State Construction Engineering, China Metallurgical, China Railway Group, China Communications Construction, and Suofeiya (Home Collection) all linked up to rise.
"The financial sectors that usually move in tandem with real estate failed to break out, but instead, the architectural decoration and building materials sectors have actually formed a linkage with real estate, steel, coal, and non-ferrous metals,"
Observed Xu Qiao in the "Shanghai Ultra-Short Syndicate" major hot-money chat group, noting how market bullish sentiment and buying capital were converging toward architectural decoration and building materials.
"After the major core theme of real estate and the 'black commodities' was dragged out by Huayi Capital under Brother Su's command, it feels like the market's speculative style has returned to the old path. Various capital factions are abandoning technology and new energy to rapidly return to the core main theme of 'Mega-Infrastructure', 'Urbanization Construction', and the 'New Era Silk Road and Maritime Silk Road'."
"That's not surprising," Old Zhang said. "Ever since the bull market ended last year, this core main theme has also undergone a very long adjustment. Compared to their highs in last year's bull market, the share prices of these stocks have basically been slashed to two or three tenths of their value, meeting the conditions for an oversold rebound and valuation repair."
"It's primarily a matter of expectations, I suppose," Old Wu noted. "At this current stage, after the previous round of hype, the tech and new energy sectors haven't demonstrated much cost-performance in terms of chart patterns or expectations. On the other hand, core main themes that exploded in the past bull market—like 'New Infrastructure' and the 'New Era Silk Road'—are currently showing strong cost-performance against the backdrop of recovering housing prices in major cities across the country."
"Analyzing from a fundamental perspective, the widespread rise in housing prices nationwide and the resurgence of activity in the real estate market should indeed be positive for real estate chain-related sectors like architectural decoration, building materials, steel, and non-ferrous metals, right?" Xu Qiao said. "So capital moving this way makes complete sense."
"There's another point," Brother Chen added. "Having experienced the hype of the previous bull market, capital has a memory of this macroeconomic main theme. The speculative path is well-trodden, making it easy to gain the approval of other following capital groups and retail investors in the market."
"Indeed," Xu Qiao nodded slightly. "The 'Mega-Infrastructure' main theme is just smoother to trade."
"Hang on, who's pulling that heavy beast China Metallurgical?" Old Zhang suddenly expressed surprise while keeping a continuous eye on the tape. "Damn, so fierce! They're hammering the buy side with straight 100,000-lot buy orders."
Hearing Old Zhang's words, Xu Qiao shifted his gaze, noticed the anomaly in China Metallurgical, and guessed,
"Looks like Leader Zhang's style!"
"Probably not," Brother Chen pondered before replying. "From what I know, Old Zhang temporarily exited the A-share market and rotated into the Hong Kong stock market. It's probably some friend in the circle with a pretty hefty capital volume; otherwise, they wouldn't dare touch this heavyweight stock."
"The order book pressure feels minimal!"
After observing for a brief moment, Xu Qiao remarked.
Old Zhang responded,
"I also feel the order book pressure is minimal. Looks like we could ride the wave."
"China Metallurgical is indeed severely oversold," Old Wu said. "The core trapped chips are all at price levels 50% higher than the current price. Even though this stock looks heavy, has a massive market cap, and plenty of retail holders, the internal selling pressure isn't actually that heavy."
"Hearing Old Wu say that, I'm relieved,"
Xu Qiao chuckled.
Immediately following that, he fired off six consecutive 10,000-lot major buy orders into China Metallurgical's order book.
At the exact same time...
Old Zhang also followed suit by placing two consecutive 10,000-lot market buy orders.
Once the orders placed by the two of them were digested by the market, half a minute later, the share price of China Metallurgical—a heavyweight stock in the construction sector—surged rapidly to the vicinity of an 8% gain.
Then, right before their eyes, another batch of twenty consecutive 10,000-lot major buy orders directly hoisted its share price from around the 8% gain mark to the limit-up board, locking it in a flash.
Following that, even more limit-up chasing short-term capital followed suit.
In less than 30 seconds, the limit-up sealing order volume on China Metallurgical's order book swelled from 150,000 lots to a massive scale of 1.5 million lots.
"Just as expected, the first-board pressure on China Metallurgical is truly light," Xu Qiao laughed after the stock hit its limit-up rapidly. "200 million yuan was more than enough."
"The broader market is staging a comprehensive rebound," Old Wu chimed in right as Xu Qiao finished speaking. "Looks like today's market is going to deliver a long-lost major bullish candle."
"However, whether this major bullish candle can alter the market's existing trend remains quite uncertain," Old Zhang said. "They always say bear markets have plenty of big green and red candles. Whether the rally and market wealth-effect generated by Brother Su using his seat influence and capital advantage can form a sustained rebound trend—we'll probably have to wait and see."
"Whether the trend reverses isn't super important to me," Xu Qiao chuckled. "As long as there are decent short-term trading opportunities, that's enough."
With that, he cast his gaze back toward the market indices of the two exchanges.
At this moment, driven by related sectors of the "Mega-Infrastructure" main theme—such as real estate, coal, non-ferrous metals, steel, architectural decoration, and building materials—the entire market was exhibiting a rare volume-expanded posture.
Both the Shanghai Composite and Shenzhen Component had surged over 1.5%, with only the ChiNext Index—which had remained weak for the past half-year—barely maintaining a positive territory position, acting somewhat as a drag on the market.
As for individual stocks...
Within the entire "Mega-Infrastructure" main theme, over 20 conceptual thematic stocks had already hit their limit-ups.
Meanwhile, heavyweight stocks like Poly Real Estate, Vanke, Gemdale Corporation, Conch Cement, Shenhua Energy, Baoshan Iron & Steel, China State Construction Engineering, and China Communications Construction were all maintaining intraday gains of over 3%, heavily outperforming the market indices.
From there, as the market's wealth-effect grew increasingly intense, along with the progression of trading hours, active short-term capital within the market and incremental capital following in from the outside were comprehensively activated.
With the intervention of more capital, the stock movements within the market grew increasingly lively, and the index trajectories climbed step by step.
Finally, by the time the morning close arrived, the intraday gains of the Shanghai Composite and Shenzhen Component had both reached the 2% gain threshold, while the ChiNext Index also welcomed a rapid surge near the end of the morning session, climbing to the 1% gain mark.
Afterward, following emotional brewing during the lunch break and heated discussions among countless retail investors on online stock investment platforms, when the afternoon trading session arrived, market bullish sentiment, the main themes attacked by major capital, and the direction of active concept stocks began to show increasingly consistent expectations.
At 1:27 PM, Conch Cement surged over 8%.
At 1:53 PM, Vanke approached its limit-up board, and the real estate sector index surged by nearly 5%.
At 2:18 PM, China State Construction Engineering rose over 5%, China Railway Group and China Communications Construction also followed with massive gains of over 5%, while Xinjiang Communications Construction and Beijing New Building Materials hit their limit-ups.
At 2:36 PM, China Fortune Land Development hit its limit-up, the real estate sector index registered an intraday gain of over 5.23%, the sector's net institutional capital inflow exceeded 4.2 billion yuan, and concurrently in the Hong Kong market, within the real estate sector, mainland property stocks once again surged in unison, with Evergrande Real Estate and Sunac China surging by over 30% across a mere three trading days.
"It looks like this market rally ignited by 'real estate' has truly formed a strong, consistent expectation."
Near the closing phase of the two exchanges, noting the re-synchronization of A-share and Hong Kong market trends alongside the rare broad-market surge, Song Shaopu—fund manager of the "Huarui Elite Growth No. 1" fund trading department at Huaru Fund Management Company in Shanghai, who had instructed his traders to build up substantial new positions in core real estate sector stocks—finally broke into a full smile across his face.
(End of Chapter)