209: The first encounter with foreign capital occurred in the securities sector!

Over 50 billion Huabi.

If all this capital were to pour into a single sector now, it could genuinely push the entire sector to its Limit Up.

But OReid was clearly not such a big fool.

He looked at the overall market conditions of the A-share market today.

Recently,

The A-share market had already surged to celebrate the opening of the Shanghai-Hong Kong Stock Connect.

Moreover, it was a surge across all industries, with the brokerage sector showing the most aggressive gains.

Of course,

Because brokerage stocks had risen too sharply in the earlier period, Morgan Ored saw them already falling for several days when he entered the A-share market.

After he finished observing the overall sector, recent trends, and current market sentiment,

OReid snapped his fingers, a smile appearing on his cigar-smoking face: "What a godsend opportunity! Everyone says the brokerage sector, the 'shovel seller,' is the most worthwhile investment in the A-share market right now. Who would have thought that upon my first entry into this precious land, I'd find it at such a low point? Isn't this practically begging me to buy?"

"Follow my orders: accumulate shares for one day, then start pushing up tomorrow. Let the market feel the warmth of our foreign capital first!"

As OReid issued his command, his Traders began their operations.

These well-trained Traders were extremely disciplined, strictly executing OReid's orders.

On the trading floor,

brokerage stocks continued to fluctuate at high levels today.

They couldn't go up, but occasionally managed to drop a few times.

At such times, if the future trend is upward, then the current phase is a Shakeout.

If the future trend is downward, then the current phase is a distribution phase.

Everyone knows this principle, but the key issue is that no one knows what phase it is now.

Therefore, how to choose has become the biggest problem for Stock Investors today.

"I'd say it's definitely a distribution phase now. Haven't you seen how it always fluctuates before suddenly dropping, then quickly gets pulled back up, as if afraid of scaring away the Retail Investors?!"

"I have the opposite idea to you. This is a Shakeout phase. Every drop is met with capital absorption; this is propping up the market. Once the chips here are washed clean, that's when Brokerage Firms will rise again!"

"Exactly, I also see it as a Shakeout. I'm currently waiting for the bottom chips to continuously move upwards. As long as this chip range gets higher and higher, the probability of Brokerage Firms rising again will increase!"

"I can't believe you're still bullish? I'm bearish. I've only kept 10% of my position in this price range; I don't dare to invest more!"

"It's not that we're bullish; it's because I see that Brother Lin hasn't left the market yet. If I don't trust myself, how can I not trust him?!"

"Hmph, I always feel that kid is going to hit us with something big. Stock trading is a zero-sum game; if he doesn't cut you, who will he cut? Everyone be careful!"

"Hilarious, you haven't bought Brother Lin's Public Fund, have you? Or did you follow Brother Lin and not make any money?"

"CITIC Securities fell again today, it's driving me numb. Why do I always fall as soon as I buy the dragon head? It's such a headache!"

Today, brokerage stocks fluctuated wildly again, looking like they would shake out a lot of chips.

Many Stock Investors had already lost patience.

Inside Junlin Finance, those operating the Shakeout were constantly monitoring various Stock Bars, Stock Picking Bar, Xueqiu, and other financial forums.

They needed to understand the sentiment and cost basis of Retail Investors to decide when to initiate a rally.

"It's about time. We can rally in another day or two. Actually, we could do it now, but I think we can wait a bit longer!"

In the current brokerage sector, many Institutions and Hot Money had already reached an understanding with Junlin Finance.

Junlin Finance controlled the market, and they followed behind to get a piece of the action.

Of course, this control didn't mean Junlin Finance had the absolute final say; it just meant they could guide the current brokerage stocks, as Wang Lin held the most chips.

But!

Without any surprises, a surprise occurred.

In CITIC Securities.

Suddenly, small orders began to quietly accumulate shares.

These orders initially didn't attract anyone's attention.

But as time went on, by the afternoon, a Trader finally noticed something was wrong.

"General Manager Zheng, someone seems to be quietly accumulating brokerage stocks. I've noticed that many brokerage stocks have a much higher turnover rate than yesterday. Logically, this shouldn't be happening today!"

That one sentence made everyone, including Zheng Huan, stare intently at the trading screen.

Upon closer inspection, they indeed discovered something amiss.

Zheng Huan frowned, his face stern, and said, "It seems these newcomers mean trouble. To accumulate shares so stealthily, they're clearly trying to stir things up!"

"Now, immediately push it up! Prematurely ignite the brokerage sector!"

Upon hearing this, the Traders quickly began to prepare.

During this period, they had also been buying low and selling high, and had already reserved ample ammunition for a rally.

So, when Zheng Huan issued the order, the market quickly reacted.

CITIC Securities led the charge, and chips below 4 percentage points were quickly swept away.

brokerage stocks, instant surge!

[short-term spirit: CITIC Securities rapidly rises, short-term gain +5%!]

[short-term spirit: Haitong Securities rapidly rises, short-term gain +3.7%!]

[short-term spirit: Guoyuan Securities rapidly rises, short-term gain +4.4%!]

Multiple Brokerage Firms began to rise simultaneously.

This scene immediately caught the attention of Stock Investors.

"Taking off, taking off!"

"The Brokerage Firms have finally finished their Shakeout! I knew this period was for accumulating shares!"

"Damn it, I'm going to chase quickly, I've been waiting for this surge!"

"Don't rush, wait a bit longer. What if this is a 'fishing line' (a trap)?"

"A 'fishing line'? Have you ever seen anyone use such a large sum to 'fish,' and rally the entire sector? I feel there must be some major good news we don't know about. Let's buy first!"

"Too awesome! As soon as the Brokerage Firms rose, the overall market index also turned red, and other sectors also surged a little!"

"Bull market engine, truly lives up to its name!"

"I knew waiting this long would pay off. Now CITIC Securities has risen to 6 percentage points. I feel like hitting Limit Up later isn't a dream!"

"I sold too early, damn it!"

"6666!"

Besides the Stock Investors,

The Hot Money and Institutions were also bewildered.

Something's not right?!

According to the previous understanding, it should have rallied in another two days, right?

Why did it rally early today?

Is there some news?

However, with such a rally, they also quickly began to follow suit.

The first to bear the brunt was CITIC Securities. Alliance Leader Zhang was now also keeping a close eye on this, and hundreds of millions of funds began to snap up shares!

Hitting the Limit Up was a matter of seconds!

Old Brother Zhao hesitated for just a moment, and CITIC Securities hit its Limit Up.

Frightened, he quickly went to buy Guoyuan Securities at its Limit Up.

In his opinion, this stock had a small float and very high elasticity, making it suitable for him to make big gains!

The other Hot Money also quickly chose their preferred stocks to buy.

In just a few minutes, brokerage stocks leaped from obscurity to become the best performer of the day.

Many Stock Investors in the A-share market were now accustomed to this scene.

But Morgan Ored, who had just arrived in the A-share market, was dumbfounded.

"What's going on? I just started accumulating shares, and the market exploded?"

"You didn't overbuy, did you?"

OReid suspiciously scanned his Traders.

The Traders also felt very wronged; they had strictly accumulated shares to the minimum extent.

But accumulating shares definitely involved actions, and data doesn't lie.

Who knew their eyes were so sharp that they spotted it immediately?

Morgan Ored looked at the scene of the market hitting Limit Up. If he were a local in the A-share market, he probably wouldn't know what to do at the moment.

But he wasn't.

He was a big shot from the Morgan Family on Wall Street in the Beautiful Country.

The stock markets he was exposed to were T+0, where price swings of double were very common.

He had even seen a stock price cut in half in a second, or even to the ankle.

So what if it was just a 10% Limit Up?

He was just careless earlier, didn't react quickly enough.

Morgan Ored quickly formulated a plan: "Now, wait for the sentiment to cool down. This wave must be because the market makers inside saw our accumulation, which is why they rallied so frantically, triggering a chain reaction."

"But this kind of rally won't last long. When it pulls back a bit and triggers sell orders, that will be our entry timing."

"Sweep up brokerage etf for me first, sweep up a large amount. Even if we buy at the Limit Up in this range, in the long run, it's still at the bottom; we can buy in large quantities!"

"It's a bit of a shame that we missed the dragon head, CITIC Securities, because it hit its Limit Up, but it doesn't matter, we'll definitely get it tomorrow!"

"For all other stocks that haven't hit their limit up, go and sweep them up for me! Even in this broken market today, I want them to see that I have arrived!"

As OReid's orders were issued, his Traders quickly pulled the stocks to be purchased to the top of their lists.

At the same time, they observed the market.

2:00 PM sharp.

At this point, those who wanted to buy had already bought, and those who hadn't were waiting until closer to the market close.

Time entered a lull.

It was precisely at such times that some Retail Investors would suddenly get an idea, wanting to sell some shares or buy some shares.

brokerage stocks, because they rose too quickly and steeply, and lacked follow-up momentum,

began to slowly slide at this time.

This slide, after triggering a chain reaction, caused those previously trapped investors to start selling.

By 2:30 PM, the brokerage sector had fallen from its original +7.3% to +4.0%!

Calculated from the highest point, the decline was quite significant.

But looking from the low point, the gain was still decent.

It was at this moment that OReid announced the buy order.

Instantly,

Starting from the brokerage etf, down to various individual stocks, almost simultaneously, they began to rally.

This wave of rallying was distinctly different from the previous one.

At the very least, in the Junlin Finance Trading Room, Zheng Huan and the others understood that these newcomers meant trouble!

Zheng Huan's face was ashen: "Damn it, they actually took the cheap chips! What an insult!"

Who would have thought these people would dare to continue pushing up?

And they chose to rally at this specific point.

The second wave of rallying for brokerage stocks, specifically this rally at 2:30 PM, truly sent Retail Investors into a frenzy!

"666!"

"These Brokerage Firms are too strong!"

"Crazy Brokerage Firms, I feel like buying at any point today would be profitable!"

"Limit Up, they all hit Limit Up!"

"Funds are pouring in like crazy today, there must be news we don't know about. Hurry and buy, get on board no matter what!"

"Get on board? It's too late to think about getting on board now, even the main entrance of the brokerage etf is welded shut!"

"Damn, could it be an interest rate cut? Otherwise, why such a fierce rally??"

Interest rate cut!!?

As soon as this magically powerful name appeared, everyone was overjoyed.

If it really was an interest rate cut, then such a rally in brokerage stocks would be very normal.

Meanwhile, at the Village Chief (CSRC) side.

The abnormal market movements today, the frantic surge in the brokerage sector, and the batch of Limit Ups, also triggered abnormal calls from risk control.

They even detected the keyword: interest rate cut.

The Village Chief asked in confusion: "What's going on? Has the news about the interest rate cut been leaked?"

But the interest rate cut was still just a proposal, it hadn't reached the final stage yet, so how could the market know?

He carefully observed the market with doubt and finally discovered: "Good heavens, these foreign capital really can stir things up."

"And this Junlin Finance, the two actually started a competition!"

"But their sense of smell is truly keen. This year, the brokerage sector, this 'shovel seller,' is definitely a sure bet; rallying it is the least risky!"

"Since it's a battle between these two, I won't interfere anymore."

"I hope this kid Wang Lin can show some spirit, defeat this foreign capital, and uphold our Chinese prestige!"

The Village Chief really thought so.

Their National Team had indeed gone abroad to compete on Wall Street.

But the T+0 market, coupled with unfamiliarity with the local conditions, inferior skills, insufficient information channels, and various other issues, led to repeated failures for the National Team.

They couldn't go to Nasdaq anymore.

They could only hope for a few geniuses to emerge from the younger generation.

It now seemed that Wang Lin had an advantage in this regard.

"I can ask him later if he wants to join the National Team?"

The Village Chief thought this, but then abandoned the idea.

With a net worth of hundreds of billions and living a leisurely life, how could he possibly join the National Team?

Perhaps cooperation was the only way left.

The Village Chief knew that Wang Lin had relied on himself all this way.

As for others, most had various connections; very few truly relied on ability. In his position, he understood these things.

Until 3 PM.

The brokerage sector remained firmly at its limit up.

This also left a very high expectation for tomorrow's rally.