At 11:10, ‘Western Securities’ dropped to the limit.

'Southwestern Securities, Pacific Securities, Huaxin Securities, Huazhong Capital, Harbin Investment Capital, Xiangcai Securities...' This large number of securities stocks have exploded and fallen wildly. Within a minute, the market decline will generally expand.

When it reached more than 2 points, among them, four securities stocks, namely Huazhong Capital, Huaxin Securities, Xiangcai Securities, and Harbin Investment Capital, all fell to more than 5% in an instant.

At 11:11, "Huaxin Securities, Huashang Securities, Huatong Securities, Huatai Securities..." A large number of securities-heavy stocks were also directly affected, and they quickly exploded in volume. Among them, the check of "Founder Securities" was

Although it didn't rise much to begin with, it suddenly exploded to a drop of about 8 points.

At 11:12, it was only 2 minutes before ‘Western Securities’ dropped its limit.

At this moment, the 'Securities' sector index jumped from a decline of 3.23% to a decline of 4.67%, setting a new intraday low.

At 11:13, the 'Securities' sector experienced a sharp decline, almost collapsing.

Banking, insurance, and Internet finance sectors have also been severely affected.

I saw only two major weighted stocks: banking and insurance. At this moment, the industry sector index once again expanded to a 2% decline.

As for the ‘Internet Finance’ sector index.

At this moment, it directly reached the 4% drop position again, and the two stocks "Flush and Oriental Fortune" fell on the market.

At this moment, the lightning expanded to a 7% decline.

At the same time, at this moment, the stock price of 'Huake Financial' hit the lower limit, and the stock price of 'Shanghai Steel Union' fell by 8%.

At 11:14, the panic selling effect triggered by "Western Securities" quickly spread to the main line of "big infrastructure". Suddenly, "building decoration, building materials, steel, commercial real estate development, machinery and equipment, public transportation"

Transportation, non-public transportation...' and other industry sector indexes also fell rapidly again.

At 11:15, the 'National Defense Industry' industry sector also suffered another heavy setback, and the check for 'Hongdu Airlines' went straight to the limit at this moment.

At 11:16, the intraday trading volume of "Huaxin Securities" reached about 8 billion, and the market decline once again expanded to about 3.5%.

At 11:17, the market decline of 'Huaguo Construction' expanded to around 3.75%, and the intraday turnover reached about 4 billion. Compared with yesterday, the volume continued to increase.

At 11:18, ‘Huaguo MCC’ ​​hit the limit.

At 11:19, due to the impact of the limit drop of 'Huaguo MCC', 'Huaguo China Railway, Huaguo Railway Construction, Huaguo Communications Construction, Huagong International, China South Locomotive, China North Locomotive, Huaguo Baosteel...' etc.

A large number of "China-headed" infrastructure-heavy stocks also fell rapidly.

At 11:20, ‘Bayi Steel’ hit its lower limit.

At 11:21, after a brief struggle, the check of 'China Metallurgical Corporation' was sealed below the limit.

At 11:22, "Beijiang Communications Construction", an old monster stock in the main line of large-scale infrastructure, suddenly crashed and fell to the limit.

At 11:23, ‘Fushun Special Steel’ fell by 7% during the day.

At 11:24, the two major sectors of nuclear power and military industry continued to suffer heavy losses. The index of the 'National Defense and Military Industry' industry sector fell by 5% during the day.

At 11:25, the intraday decline of ‘Huagong International’ expanded to 7%.

At 11:26, the stock price of Flush reached its limit.

At 11:27, in the ‘commercial real estate development’ industry sector, the stock price of ‘Kumho Group’, a company owned by the ‘Yuhang Group’, hit the limit.

At 11:28, the intraday decline of ‘Huaxin Securities’ expanded to 4%.

At 11:29, the "Shanghai Sanmao" price limit fell. The entire "Shanghai Free Trade Zone" concept sector suffered a heavy setback, and the "shipping port" sector was also affected, resulting in a certain degree of panic selling.

At 11:30, when the two markets closed at noon.

After half a day of trading, the Shanghai Stock Exchange Index finally settled at a decline of 2.27%, almost closing at the lowest point in the session, while the A50 Index plummeted 3.23% in half a day, completely losing its previous strong momentum. As for the Shenzhen Stock Exchange Index, Entrepreneurship

The performance of the board index and the small and medium-sized board index was slightly stronger than that of the Shanghai Stock Exchange Index, basically closing at a 2% decline.

In addition to the performance of major market indexes...

Take the midday closing results as an example.

Performance aspects of major core lines, corresponding industry sectors, and concept sectors in the two cities.

I saw that throughout November, 'big finance', 'big infrastructure', 'military industry', 'sub-new stocks', and 'film and television media' were the main areas that continued to be sought after by various active capital groups in the early stage, and

Related industry sectors and concept sectors all suffered heavy losses today.

Among them, the securities sector plunged 4.83% in half a day.

The Internet financial concept sector plunged 4.76% in half a day.

The national defense and military industry sector plummeted 5.11% in half a day.

Other banks, insurance, construction decoration, building materials, machinery and equipment, public transportation, non-public transportation, commercial real estate development, steel, cement, Shanghai Free Trade Zone, China-Japan-Korea Free Trade Zone, reform and reorganization of central and state-owned enterprises,

Eurasian Economic Belt, Northeast Revitalization, National Defense and Military Industry, Nuclear Power, Large Aircrafts, Domestic Aircraft Carriers... and many other industry sectors and concept sectors all experienced half-day declines between 2.5% and 5%, significantly underperforming the Shanghai Index.

On the contrary, 'big consumption', 'non-ferrous cycle', 'petrochemical industry', 'animal husbandry', 'agriculture', 'mobile internet', and 'smartphone industry' did not perform well in November, seriously lagging behind the gains of the broader market.

Main-line fields such as "chain" and "pharmaceutical", as well as related industry sectors and concept sectors, performed relatively strongly today.

Among them, there are four major industry sectors: automobiles, food and beverages, retail, and pharmaceutical business.

Even though the major indexes in the two cities plummeted, they actually maintained their red closing position at noon.

As for the performance of popular stocks in the two cities.

I saw a number of popular stocks that ranked among the top 20 in terms of attention and discussion among the broad investor groups in the two cities.

Basically half of the popular stocks are stuck at their daily limit.

Among them, ‘Huaxin Securities’, which ranks first in the market, closed down 4.33%.

Western Securities, which ranked second in popularity, closed at the limit.

‘Yingkou Port’, ranked third, continued to close at the limit.

There are also popular names such as 'Huake Shuguang, Bluestone Heavy Equipment, Great Wisdom, Flush, Shanghai Sanmao, Shanghai Steel Union, Huaguo Construction, Huaguo MCC, Huagong International, China Airlines Heavy Machinery...'

Stocks, more than half of the stocks, were pressed to death at the lower limit when the market closed.

Overall, based on the closing situation at noon.

In the two cities, all the concept stocks held by the 'Yu Hang Series' were all sold wildly and intensively by various major financial groups.

On the contrary, it is an unpopular stock that is not a "Yu Hang" stock.

Since there is not much profit taking, and there are not many active main funds paying attention, it is relatively resistant to the decline.

However, regardless of whether it was because of the large-scale reduction of positions and profit taking by the core market institutions of the "Yuhang Group", this wave of market plummeted across the board.

In terms of this closing situation.

The vast investor community in the market saw the midday closing results of the two cities.

I was extremely disappointed in my heart.

Even many people's belief in the bull market was wiped out by the large-scale reduction of positions by the "Yu Hang Group" and the overall plummeting trend of the market.

"Oh, I really shouldn't hesitate in the early trading. I didn't expect that as the market trading time went by, the killings became more and more ruthless."

After the two cities closed at noon, the large number of retail investors who gathered in the stock discussion area of ​​the trading platform sighed helplessly, feeling dissatisfied with such market trends.

"The core lines of 'big finance', 'big infrastructure' and 'military industry' are in a trend of total collapse!"

"Is it possible that Mr. Su is still smashing things today?"

"It's not necessarily Mr. Su's fault, right? It should be that a lot of funds are selling stock chips in these major areas."

"Oh, it's so difficult. Why is it so difficult for the Shanghai Stock Exchange Index to stabilize at 3,800 points?"

"Don't talk about 3800 points. Looking at the market trend today, it is estimated that the closing price of 3700 points will not be maintained."

"There is a high probability that the Shanghai Stock Exchange Index will go back to 3,500 points, right?"

"I'm worried that even 3,500 points may not be able to sustain it. The plummeting trend of the two core main lines of 'big finance' and 'big infrastructure' has proved that the chip structure of these two core main lines has completely loosened.

In this way...the selling will only get heavier and heavier."

"Looking at it now, yesterday's trend is really all good news."

"If you ask me, the market trend yesterday was too bad, which led to a more serious decline in the market today."

"Too many funds were buried in it yesterday. Can these buried funds escape today without smashing the market?"

"Oh, I'm really depressed. I even added to my position in the early trading to buy the dip. Now I'm really on the receiving end of a flying knife."

"Awesome, the market trend is like that in the early trading, with the whole market opening low, and you are still buying at the bottom? Is this because you have so much money that you have nowhere to spend it? If you have nowhere to spend it... why not give it to me!"

"Although the market trend is not good and the disk performance is very bad, the underlying logic of the bull market should still be there, right?"

"At present, the overall upward trend of the Shanghai Stock Index has not been destroyed."

"The underlying logic of the bull market definitely still exists, and if you look at the monthly trend of the Shanghai Stock Exchange Index, it is obvious that the monthly golden cross has been completed, and I feel that at this time, no matter how the market adjusts, overall it should still be

It’s still in the bottom area, so there’s no need to panic.”

"Although the underlying logic of the bull market is still there, the probability of the Shanghai Stock Index falling back to 3,500 points, or even 3,000 points to hit support is still quite high. Once the market adjusts deeply, the position holding experience will be really bad, and the index

If the correction continues, the correction of individual stocks will usually be deeper."

"In any case, in the short term, we must avoid the two core themes of 'big finance' and 'big infrastructure'."
To be continued...