The first batch of 5 billion yuan was simultaneously invested in the CSI 300 ETF, the banking sector, and the insurance sector.

Buying pressure still hasn't led to a straight upward surge.

Whenever the index rises by 0.3%, traders proactively slow down.

This will encourage those who want to exit the market in the morning to sell.

This also allows new institutional funds to complete the turnover at relatively stable prices.

Three minutes later, the index stopped falling.

Five minutes later, the banking sector rebounded from its lowest point.

The discount of the CSI 300 ETF has narrowed rapidly.

Arbitrage funds have begun automatically buying ETF constituent stocks.

Chen Mo invested 5 billion yuan, and the market, through ETF subscription and redemption and arbitrage mechanisms, amplified the actual absorption to far more than 5 billion yuan.

"The second group of overseas applicants has been raised to -3%."

For the first time, A50 bulls actively bought up positions.

The index decline narrowed rapidly from 4.4% to 3.2%.

Some short-term short sellers chose to close their positions.

Their buybacks pushed the index up by another 0.3 percentage points.

The first layer of feedback begins to form.

9:38.

The Shanghai Composite Index fell back to -2.7%.

The pullback of Taichu 2 narrowed to 10.4%.

There are 22 minutes left until 10 o'clock.

"Prepare for the emotional group."

Chen Mo said.

Several traders simultaneously open the order book for a single stock.

Huake Equipment.

This stock rebounded from its daily limit down to its daily limit up on Monday, becoming the most prominent symbol of the market reversal that day.

In the following two trading days, it was subjected to concentrated suppression by the other party.

Today, the stock opened at its daily limit down again.

Its market capitalization is not large, but it attracts a great deal of attention.

Countless short-term funds are eyeing it.

Whoever controls this flag can influence the market's judgment on strength or weakness.

9:40.

The first real buy order sent the stock to its daily limit down.

The number of sealed orders has decreased by one-third.

The other party immediately placed a supplementary order.

The second payment has been made.

The third stroke.

Chen Mo did not devour all the sealed orders at once.

He paused for about ten seconds after each order was blocked.

This allows the market to see that there is indeed sustained buying pressure below.

This also gives shareholders who were originally prepared to sell at a loss time to make a new choice.

9:43.

The sealed order only has 80 million yuan left.

A 20 million yuan investment from speculative funds entered the account before Taichu could.

Immediately afterwards, more short-term funds began to attempt to prop up the price.

Chen Mo finally issued the command.

"open."

The last sell order was completely absorbed.

Huake Equipment opened after hitting the daily limit down.

The stock price did not immediately rise sharply.

The stock traded for nearly a minute above the daily limit down.

Bottom-fishing funds are entering the market.

Panic selling.

Only then did it begin to ascend step by step.

-8%.

-6%.

-3%.

Chen Mo would briefly stop actively buying whenever the price broke through a round number.

New funds are constantly taking over prices.

This upward curve doesn't look very sharp, but it never breaks down.

9:49.

Huazhong University of Science and Technology Equipment Group Co., Ltd. (HUST Equipment) has seen a turnaround in popularity.

The entire financial forum instantly erupted in excitement.

Huazhong University of Science and Technology is back on track!

"Two floor-to-ceiling sections?"

"The market is about to reverse!"

Short-term funds are starting to look for other stocks within the high-end manufacturing sector.

The three stocks that were originally locked at the daily limit down price were opened one after another.

The sector index rebounded rapidly.

The profit-making effect appeared for the first time.

Nine fifty-two.

Chen Mo did not continue to pursue Huake Equipment.

He shifted his funds to the six most liquid stocks in the semiconductor, new energy, and infrastructure sectors.

Only one core stock in each sector will be ignited.

All other stocks in the same sector are left to the market to choose from.

One stock is rising.

Two followed.

It then spread throughout the entire industry.

The quantitative strategy that originally sold automatically based on trends has started to turn off the sell signals.

Some systems detected increased trading volume and price reversal, and generated buy orders accordingly.

Institutions observed that the index had stabilized.

Speculative funds saw the leading stock turn red.

Retail investors saw the price limit down repeatedly being broken.

Different funds finally found a reason to enter the market at the same time.

9:55.

The Shanghai Composite Index narrowed its decline to 1.2%.

The A50 index returned to -0.8%.

The overall retreat of Taichu-2 has decreased to 9.38%.

The countdown for reducing positions in the risk system has been automatically canceled.

A cheer erupted in the trading room.

Zhao Qiang, however, had no time to celebrate.

The rate of increase on the screen is still accelerating.

"Mr. Chen, should we speed things up further?"

"Stop for ten minutes."

"Stop everything?"

Domestic active buying decreased by 70%.

"The A50 will only maintain support at the bottom and will not push upwards."

Zhao Qiang hesitated for a moment, then immediately carried out the order.

The recent upward trend has stalled.

The Shanghai Composite Index fluctuated around -1%.

Some of the profits were sold.

Huake Equipment also fell from a 3% increase to a 1% increase.

The other party noticed the change and increased their sell orders again.

However, the index did not return to its low point.

Every time the price falls, funds that missed out earlier actively take over.

The ten-minute turnover transformed this counterattack from a one-person financial maneuver by Chen Mo into a collective choice made by the market.

A straight line pushed forward solely by large sums of money will quickly collapse once the buying stops.

After a series of significant turnovers, each level represents a new cost basis for holding positions.

Later entrants will proactively hold onto their purchase price.

This is also the experience that Chen Mo has summarized from countless algorithmic trading, liquidity crises and sentiment cycles in the future.

Funding is responsible for ignition.

The market is responsible for burning.

10:05 AM.

Taichu Capital has released its first official statement.

The announcement listed three facts confirmed by the custodian.

There is no plan for liquidation or concentrated reduction of holdings for Taichu No. 2.

Policy funds, Taichu No. 3, and overseas venture capital are kept separate, and there is no commingling of funds.

All orders placed in the past three trading days were genuine purchases, and there were no instances of wash trading, false reporting, or trading based on undisclosed information.

The relevant records have been proactively submitted for verification.

This statement directly debunks the three most widespread rumors circulating in the past few days.

10:07.

Grant Bank's Asia strategy team released its latest view, believing that after continuous declines, core Chinese assets have entered a long-term allocation range.

Subsequently, the research departments of Goldman Sachs, Merrill Lynch, and Morgan Stanley reiterated their long-term outlook on China's financial, high-end manufacturing, and technology industries.

The attitude conveyed by these institutions has made more and more funds realize that the overseas buying that occurred on Monday was not a short-term, desperate gamble.

Ten past ten.

Chen Mo glanced at the transaction volume.

The change of hands is sufficient.

"Round two begins."

Domestic capital inflows are accelerating again.

This time, buying activity shifted to brokerages, semiconductors, and high-end manufacturing.

Securities firms represent market expectations.

Semiconductors represent the imagination of the industry.

In high-end manufacturing, Huake Equipment already stands out as the most prominent brand.

All three sectors rose simultaneously.

The index and sentiment have finally begun to resonate.

10:13.

The Shanghai Composite Index turned positive.

10:15.

The increase reached 1%.

Ten seventeen.

Huake Equipment hit the daily limit.

From limit down to limit up, a nearly 20% intraday swing has once again appeared before all traders.

This time, less than 40% of the purchases were actually made by Taichu and related funds.

The remaining chips were all acquired by speculative capital, institutional investors, and ordinary investors.

The market has taken over this stock.

At the same time.

The A50 index broke through the previous day's closing price.

The first offshore short-selling account received a margin call notice.

The trader in charge of the account attempted to contact the funding party.

Before the call could even be connected, the index rose another 0.8%.

The second account has entered the risk zone.

They began to close out some of their short positions.

Tens of thousands of buy orders flooded the order book.

The fourth step that Chen Mo had been waiting for finally arrived.

Short sellers started buying for him.

10:23.

The A50 index rose by 3.7%.

It fell 4.7% in the morning session before rising 3.7%.

The intraday reversal exceeded 8 percentage points.

Quadruple leverage amplified this surge into an unbearable margin gap.

The third account was forced to reduce its position.

More buy orders entered the market.

The price increase prompted the liquidation of positions.

The liquidation of positions further fueled the upward trend.

The short-selling structure that the other side built up two days ago has turned into an engine running in reverse.

……

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