800 million! Chapter Leader Zhang cuts the low position again!

Zhang Mengzhu’s actions today: bought 800 million worth of Luxshare Precision, sold 192 million worth of Jin Kai New Energy at the market open. (Sold power-related stocks, heavily bought leading consumer electronics companies) [Taogu Ba]

Today’s Market Review

Market Sentiment

8 billion China Huadian Liaoning Energy (Wind Power)

4 billion China Ligroup (Photovoltaic)

3 billion Liaoning Energy (Electric Power), Zhejiang New Energy (Electric Power)

2 billion Hunan Development (Electric Power), Shao Neng Shares (Electric Power), Guangdong Electric Power A (Electric Power), Energy-saving Wind Power (Electric Power), Ningbo Energy (Electric Power), Tongding Interconnection (Telecommunications), Changfei Fiber Optic (Telecommunications), Aoruid (Computing Power), Zhen Shitong (Computing Power), Xinneng Taishan (Smart Grid), Mino Hua (Pharmaceuticals), Shuhua Sports (Sports Industry), Hongbai New Materials (Chemicals), Jiangnan High Fiber (Chemicals), Goliath (AI Applications), Hunan Tianyan (Auto Parts), Rongjie Shares (Annual Report Growth), Great Wall Military Industry (Military), Shitou Shares (Real Estate Chain)

Today’s Hot Topics: Telecommunications, Electric Power, Computing Power

Actual number of limit-up stocks: 84, limit-down stocks: 1, limit-up rate: %

Number of stocks rising: 4,615; falling: 521

Funds Movement

(Source: Taogu Ba APP)
Notably, today top-tier funds overall showed less activity. Zhang Mengzhu bought Luxshare Precision, sold Jin Kai New Energy. Xiangwang Street sold Huada Technology. The three-board group sold Huada Technology.

Market Analysis

The three major indices rose with increased volume. Shanghai Composite up 1.3% to 3,931.84; Shenzhen Component up 1.95% to 13,801.00; ChiNext up 2.01% to 3,316.97. Total market turnover was 2,179.8 billion yuan, an increase of 97 billion from the previous trading day.

Today’s highlight is the optical communication concept. The sector rose 3.98%, with several stocks hitting the daily limit. Xinneng Taishan, Gongjin Shares, China Ligroup, Hangdian Shares, Tefa Information, Huamai Technology, Sanfu Shares, Changfei Fiber Optic, Juguang Technology, Mingpu Optical Magnet, Yangtze River Communications, Tongding Interconnection all hit the limit. Weike Technology also hit the limit with a 20cm rise.

Price-initiated limit-up: Xinneng Taishan, Haitian Shares, China Ligroup. No limit-down stocks today.

Rising sectors include lithium batteries (7 stocks limit-up), electric power (13 stocks limit-up), robotics (3 stocks limit-up).

Median stocks: none advanced, 3B upgrade rate: 0%

Convertible bonds: Energy-saving convertible bond up 11%

Hot Stocks

None

Market Summary

The market saw more gains than losses, with average profit-making effects. Market signals today: Shanghai Composite rose with increased volume, panic selling decreased sharply, sentiment was relatively hot. All three major indices rose with increased volume, sectors broadly up, over 4,600 stocks gained, overall characterized as a rebound from oversold conditions. Some signs of consolidation among large holdings are emerging, a mix of clarity and confusion.

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