229: The shock of foreign investment—how can they possibly regain pricing power?!
1:03 PM.
The overall market index continued to fall, and there was a trend of it falling even harder.
Retail Investors who were buying the dip were completely bewildered at this moment.
"What is going on? Didn't Brother Junlin say he was bullish on the overall market index?"
"He is bullish on the overall market index, but being bullish doesn't mean it will definitely rise right now, right?"
"Damn, it's not rising now. Look at the state of the overall market index. It has already hit the resistance line. Technical analysts should all understand this point. If it gets Dumped, it will really need to correct for a while!!"
"I thought the same, so I bought in at the opening this afternoon. I just trusted Brother Junlin, but now it seems, is this Brother Junlin fake too!!"
"Let the bullets fly for a while, why are you all panicking!!"
"Haha, I feel like now is the time to enter. I followed suit and bought too. I hope the overall market index doesn't let me down!!"
"I'm prepared to wait and see. Maybe there will be a lower point tomorrow, looking at this Dump Stock situation!"
"Damn it, I trusted Brother Junlin too much and went all in. Now I can only lie flat!!"
foreign capital saw this situation and laughed heartily one by one: "Haha, it's hilarious. There are actually people who believe that sentence from Brother Junlin!! The stock market isn't run by his family, nor can it rise just because he says so..."
The words had not yet fallen.
1:05 PM.
It is unknown who could not hold back, using more than 30 million to buy the dip on CITIC Securities chips.
Once broadcast on the short-term spirit, it was as if the door to a new world had been opened, or rather, the bugle call for the bulls to attack had been sounded!
[short-term spirit: CITIC Securities 30 million large order buy-in!]
In the following time.
foreign capital truly witnessed who is in charge of the A-share market nowadays, or rather, who holds the pricing power in the A-share market!
CITIC Securities, Haitong Securities, and others rose sharply one after another.
Real estate stocks, China Vanke Co., Ltd. A-share and Poly Real Estate also began to surge crazily.
There were also various state-owned enterprises stocks. These stocks that had fallen the most viciously were now surging crazily.
Oh no, that is not a surge; it is a grab for chips.
foreign capital saw this very clearly. They were not aiming for a surge at all, because if they were aiming for a surge, they would not buy so much at a single price point.
They were grabbing chips!!
Only when they could not get chips at this lowest price point would they continue to hang at a higher price point to snatch those precious chips.
If they could not buy, they would continue to hang higher.
That was their process.
The fundamental purpose of these two methods was completely different.
In just over ten minutes.
Everything changed.
Those funds that could not buy chips even by hanging a point higher simply showed their cards, stopped pretending, and swept up goods directly upwards.
With just this little bit of money, they went straight up like a rocket, sweeping up as many chips as they could get.
In an instant,
The bulls of the stock market all returned.
The market trend reached a white-hot stage.
Retail Investors were also stunned.
In just over ten minutes, how could the stock market change so much?
This was definitely not fishing, not a feint attack, but a real, crazy purchase of chips.
"Damn, how did the overall market index suddenly pull up? I didn't look for a blink of an eye!!"
"Too crazy, this overall market index is invincible!!"
"CITIC Securities is about to hit the daily limit, it's really taking off. Big capital pumped over a billion in just over ten minutes. Damn, crazy chip grabbing!!"
"I told you, what did I say? Brother Junlin said he was bullish on the stock market, so why aren't you rushing in? What are you waiting for?!"
"Haha, the stocks I bought at 1 PM are already making money now!!"
"The bulls are taking off across the board!!"
"Damn it, being too smart backfires. I was thinking of buying at a lower point tomorrow, but I ended up seeing the overall market index rising and rising. It finally made me unable to hold back, and I only bought in now. When I calculated the price, it wasn't as good as buying directly at 1 PM!!"
"Comfortable, CITIC Securities is about to hit the daily limit, the overall market index is going to be a bull market again!!"
In various Stock Bars, Retail Investors were like crazy, howling when they saw the overall market index performing so well.
And their hands did not stop either.
How does that saying go: one cloud-piercing arrow, and thousands of troops come to meet.
Retail Investors are the wealthiest group in this market; what they lack is just a guide.
Now, Wang Lin's words were like this guidepost. The Dump Stock by foreign capital at 1 PM was a spring, a spring pressed down hard.
The early buying by domestic Institutions was the antidote to release this spring.
When the spring was released, what bounced up crazily was the current A-share market!!
Retail Investors are more inclined to buy when it rises and not when it falls. The more it falls, the less they dare to buy, and they even follow to Dump Stock.
But if the overall market index keeps rising, they will follow.
Follow crazily, follow at any cost.
Take CITIC Securities for example.
At the lowest point, 5 points underwater, no one cared, and some Retail Investors were even selling.
But at 7 points above water, a large group of people were constantly buying.
This is the Stock Investor.
This is the mentality of buying when it rises and not when it falls.
Of course, this also has to do with the confidence that some Stock Investors have.
Buying stocks underwater means having no confidence.
Buying stocks on a red day means having confidence.
I don't know why.
.
On the foreign capital side.
Traders from Goldman Sachs Group and others stared blankly at the changes in the market today.
Too fast!!
They couldn't keep up at all.
Wasn't it falling to the point where even its own mother wouldn't recognize it just a moment ago?
How did it turn red in the blink of an eye, and why were Retail Investors howling and rushing in?
Is selling low and buying high a feature of your A-share market?
Even these foreign capital groups were forced to grit their teeth and buy back the chips they had dumped underwater, feeling aggrieved as they bought them back above water.
They had to buy.
The overall market index was about to take off!!
The adjustment was complete.
A big shot from foreign capital sighed: "Damn it, I really underestimated this Brother Junlin. He definitely has pricing power among the A-share market Retail Investors!!"
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