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The A-shares top decliners today are quite interesting. Mooresoft Thread dropped 13 points to lead the decline, even though this stock was the market's biggest gainer yesterday, completely reversing the overall trend.
What's even more surreal is that Mooresoft Thread not only opposes the market but also acts as a contrarian indicator for the semiconductor sector — when it rises, semiconductors fall; when it falls, semiconductors rise. It's a typical blood-sucking effect, with funds bouncing back and forth between these few targets.
Although the overall market is recovering today, the stocks hitting the limit down are not of low quality; most are recent high-fliers: Yongyue Technology hit 2 consecutive limit downs after two boards, Xinlong Health hit the daily limit yesterday and was still sealed today, Nandu Property opened high yesterday and hit the limit down today. Shuhua Sports is even more aggressive — after a 4-board rally, it hit two consecutive limit downs. Plus, Yueling Shares dropped to the limit after 3 boards, Xinhe Shares went in and out twice, Yonghui Supermarket and Maoye Commercial hit the daily limit at the close yesterday and directly hit the limit down today.
Most of the stocks on the decline list are recent high-recovery stocks at high levels, with the consumer and real estate sectors basically ending their short-term rally. Currently, funds are focused on commercial aerospace and optical modules. Honestly, the quality of the decline list doesn’t quite match today’s rebound atmosphere.
Yongyue Technology, Yonghui Supermarket, these high-position stocks directly hit the limit down. Those who chased the highs have all been trapped. It's too ruthless.
Commercial aerospace and optical modules are the main players. Funds are just here pulling wool over people's eyes.
This market looks like a rebound, but it's actually a pile of dead bodies being caught up at high levels. I might as well lie flat.
The name "Blood Extraction Effect" is perfect—it's just about draining your blood.
Funds are moving back and forth between sectors, playing the game of profit from price differences, retail investors are still chasing highs.
Yongyue Technology hit the limit-down multiple times in a row, and after ShuHua Sports hit four consecutive boards, it was immediately smashed. This is the consequence of catching up.
Commercial aerospace and optical modules have caught the heat, but these high-priced stocks still need to fall further.
This round of fund withdrawal is really slick, hopping between a few stocks to fleece retail investors. How can small investors keep up?
High-priced stocks hit limit down one after another, looking a bit thrilling... Shuhua Sports' consecutive board and then limit down, it's truly a rollercoaster.
Those who didn't sell yesterday are now soaking in blood.
Yongyue Technology hit two consecutive limit downs, which is the fate of catching the falling knife at high positions.
What can I say, right now it's just funds bleeding out in a few stocks. The consumer and real estate sectors have completely run their course today.
Optical modules and commercial aerospace are the main players; the others are just along for the ride.