Legendary Trader Xinyi: Harvesting 360 Million on the Floor!

Today’s Trading by Zuo Shouxin: Sold 363 million in Guangxun Technology and 71 million in Baichuan Shares. [Taogu Ba]

Today’s Market Review

Market Sentiment

5B Zhongnan Culture (Electric Power)

4B Huadian Energy (Electric Power)

3B Jinniu Chemical (Chemical Industry)

2B Zhengzhou Coal & Electric (Coal)

Luhua Technology (Chemical Industry)

Farsight (Telecommunications)

Dajin Heavy Industry (Wind Power)

Sanfangxiang (Chemical Industry)

Today’s Hot Sectors: Chemical Industry, Wind Power, Heat Pumps

Actual number of limit-up stocks: 59, actual limit-down stocks: 13, limit-up rate: %

Number of stocks up: 1436, number of stocks down: 3606

Funds and Hot Money Movements:

(Source: Taogu Ba APP)
Notably, today’s top funds overall showed a tendency to cash out. Zuo Shouxin sold Guangxun Technology and Baichuan Shares. Chengdu-based funds bought Tongyu Heavy Industry, sold Baichuan Shares, Na Baichuan, and Luhua Technology. Foshan-based funds sold Ningbo Construction. Sangtian Road bought Zhengzhou Coal & Electric. Low-position mining bought Xiongtao Shares. Zhongshan East Road bought Luhua Technology.

Market Analysis

The three major indices declined with reduced volume. Shanghai Composite Index down 0.82% to 4095.45; Shenzhen Component Index down 0.65% to 14280.78; ChiNext Index down 0.22% to 3310.28. Total trading volume was 2,400.3 billion yuan, shrinking by 41.6 billion compared to the previous trading day.

Today’s standout sector: Energy Storage concept. The sector declined by 1.2%, with several stocks hitting the daily limit. Meili Ecology, Yabo Shares, Hengdian East Magnet, Tongxing Technology, Farsight all hit the limit-up. Tongyu Heavy Industry hit the limit-up with a 20% increase.
Price-initiated limit-up stocks: Hengtian Hailong, Zhengzhou Coal & Electric, Luhua Technology, Zhongnan Culture. No stocks hit the limit-down today.

Today’s rising stocks include Chemical Industry (9 stocks hitting limit-up), Heat Pump (4 stocks), Wind Power (7 stocks).

Median stocks: Huadian Energy upgraded, 3B upgrade rate at 50%.

Convertible Bonds: Tongyu Convertible Bond up 9%.

Hot Stocks:

Yuneng Holdings: Electric Power + Computing Power

Tuowei Information: Computing Power

Huasheng Tiancheng: Computing Power

Market Summary

The market saw more declines than gains, with a significant loss-making effect. Today’s signals: Shanghai Composite Index declined with reduced volume, loss-making effect intensified, sentiment hit a low point. The index shrank in volume, most sectors declined. Low-position computing power and electric power sectors rebounded, high-position stocks started to sell off. The outlook remains unclear; it’s advisable to continue observing.

(Source: Taogu Ba ID - From Fire to Rebirth, Taogu Ba Morning Session)

That’s all for this session. The stocks mentioned are for reference only and do not constitute buy or sell recommendations. Investing involves risks; please trade cautiously. Feel free to leave comments and share your thoughts. Hope you enjoy this content, and don’t forget to hit “Follow”!