Rebirth of the Investment Era.

Chapter 606 The Investment Layout of the 'Yuhang No. 4' Fund!

"Okay!" Li Meng didn't have any opinion on this.

People like Liu Yuan, Zhao Lijun, Zhang Guobing, and Zhu Tianyang are indeed the backbone members of the trading team trained by the company. Now the company's asset management scale is rapidly expanding, and these people have already had experience in large capital operations. It's time to push these people out on their own.

What's more, at this time, the company actually has no other choice besides using these people.

While the two were talking, the market reopened.

After oscillating around the 2650 point for about a week, the Shanghai Stock Exchange Index began to invest in the two major investment lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt', 'New Era Road, and the Maritime Silk Road' , "Reform and reorganization of central enterprises and state-owned enterprises" and other conceptual themes, it broke through the previous shock platform and continued to set new annual highs.

When the overall market investment atmosphere and emotional atmosphere are good.

After a brief discussion with Li Meng, Su Yu announced in the afternoon the adjustment of personnel and the appointment of new positions in several trading teams of the fund trading department.

Liu Yuan, Zhang Guobing, Zhao Lijun, Zhu Tianyang and others.

Hearing that I was appointed as a fund manager, and that I will jointly manage the main fund products of the 'Yuhang System' with Su Yu and Li Meng in the future, I was more or less excited except for the accident.

After all, the influence of the 'Yuhang Series' fund products in the industry can be described as extraordinary.

Although they were promoted and appointed as fund managers behind Su Yu and Li Meng to jointly manage the fund, being able to manage such a "star fund product" will also be of great significance to their future career development. deeply affected.

After the job appointment is completed.

The 'Yuhang No. 4' fund product that has just completed fundraising has also begun to enter closed operation.

At the same time, the trading team for the 'Yuhang No. 4' fund product also began to be formed rapidly.

According to Su Yu's plan, this 300 billion main fund product is equipped with 5 trading teams. The leader of the trading team is the former trading team member of the 'Yuhang No. Half of the employees drawn from the first three main fund products, plus some qualified traders trained by the company's trader training courses.

After the team was formed, the next day.

After the market opened, the 'Yuhang No. 4' fund product, under the leadership of Zhang Guobing as the trading fund manager, carried out initial position building.

Follow Su Yu's macro strategy guidance.

The main direction of opening positions of the 'Yuhang No. 4' fund is no longer the two core main lines of 'infrastructure' and 'military industry'.

And it will be the main line of the "big financial" sector under the "bull market expectations".

"President Su, do you have any instructions for the target of opening positions in the direction of 'finance'?" Zhang Guobing asked in the trading room of the main fund, "How do we set the priority of individual stocks?"

Su Yu smiled and asked, "What do you think?"

Zhang Guobing thought for a while and responded: "In the whole direction of 'big finance', if 'bull market expectations' is the investment logic, then the priority of 'securities' must be the highest.

After all, whether it is the skyrocketing balance of the two financings in the market or the skyrocketing turnover.

As well as the rush of numerous potential investor groups outside the market.

These increments can bring actual performance to securities companies, and they can also cause securities companies to experience a surge in performance.

Moreover, in the domestic asset management industry, the proportion of self-operated securities business is not low.

The market continues to be hot and the index continues to move forward. The self-operated business of these securities companies can also bring huge profits to the company.

In addition, the market has been in a downturn for several years before.

The valuation of the entire "Big Finance" sector has been suppressed by the market, and everyone's expectations are extremely low.

As a result, the market situation has improved, and the "bullish market expectations" are getting stronger and stronger, the "securities" sector has poor expectations and flexible space, and has become the strongest sector in the entire "big finance" sector.

Of course, if the 'bull market expectations' intensifies, the market can really form a bull market.

Banking and insurance, the two major financial sectors, are also important sectors of direct income, and even the current hot "Internet Finance" sector, its investment logic will also deepen, and there is still room for market expectations to continue to rise.

So, my advice is.

Securities first, then the 'Internet Finance' sector, reinsurance, and then banks... It may be better to arrange the layout according to this order and priority.

It's the specific direction..."

Zhang Guobing paused, and continued: "The specific target accounts for the weight of the total position. I don't have a specific plan in mind yet. I hope that President Su can guide and guide."

Su Yu responded with a smile: "With tens of billions of funds, if we want to trade such a large fund, we first need to pay attention to it. In addition to expectations and investment logic, it is the liquidity of the market. Sufficient liquidity , It can save us a lot of detours, and it is also a safety insurance that allows us to respond immediately when dealing with extreme market conditions.

Therefore, at this time, our first priority is to open a position.

It is necessary to consider the comprehensive liquidity.

The investment priority of 'securities' is correct. In the entire securities sector, the weight of positions can be sorted according to the liquidity of the corresponding stocks.

For those with high liquidity, the position weight can be increased a little accordingly.

If the liquidity is low, the position weight cannot be too high.

After all, sometimes, getting in is easy, but getting out is hard!
As for the sector of 'Internet Finance', the corresponding operation logic is the same. "

"Well, then I understand!" Zhang Guobing nodded when he heard Su Yu's words, and he already knew it in his heart.

For the layout of the field of 'big finance'...

In fact, the fundamental changes of many individual stocks are all convergent, and there is not much difference. In this way, it is much simpler to determine the position weight according to the order of liquidity.

And in order of liquidity, in the entire securities sector.

Naturally, the stocks of top echelon securities companies such as 'Huaxin Securities, Huashang Securities, Huatong Securities, Huatai Securities' have become the first target of the 'Yuhang No. 4' fund.

After straightening out the idea and logic of opening a position.

At 10:4 in the morning, as the Shanghai Stock Exchange Index continued to break through in volume, the 'Yuhang No. ' fund product began to invest funds into the market.

And in the case of the 'Yuhang No. 4' fund fully investing funds to build positions.

At 10:10, the entire securities sector in the market began to move up significantly.

Such as 'Huaxin Securities, Huatong Securities, Huashang Securities, Huatai Securities' and other major brokerages' stock market, frequently received a total of lots of large orders from the main buyer.

Of course, at the same time.

On the disks of other securities and stocks, there are also frequent attacks by big funds, snapping up bargaining chips at relatively low positions.

The entire 'Yu Hang No. 4' fund product has a volume of 300 billion.

However, in Su Yu's guidance to Zhang Guobing, he did not stipulate how much money he could only invest, nor did he stipulate how many positions he needed to establish within a period of time.

This gave Zhang Guobing sufficient autonomy in building positions, allowing him to fully develop himself.

At 10:20, under the continuous major capital attack, the securities sector has been in the doldrums for several times, and today it squeezed into the forefront of the market sector's increase list.

And in the passage of market trading time, the trend of its plate index increase has become more and more steep.

The amount of large net inflows is also getting higher and higher.

At 10:25, the 'Securities' sector rose by more than 2%. Among them, the stocks of large brokerage institutions with a market value of more than 500 billion, such as 'Huaxin Securities, Huashang Securities, Huatai Securities, and Huatong Securities', rose by more than 3%. It shows that today's changes in the securities sector have begun to break away from the situation where small-cap securities stocks drive large-cap securities stocks to rise passively, and have changed to a situation where large-cap stocks lead small-cap stocks to passively rise.

And this... also shows that there are main funds, which are actually building positions, and intend to hold them in the medium and long term.

After all, for real short-to-medium-term speculation, tickets with a small circulation plate have far more flexibility than tickets with a large circulation plate, and it is easier to control the market.

When the securities sector rose by more than 2%.

From passively following the rise of the market index before, to actively leading the index to rise.

The entire market, countless investors on and off the market, and fund managers of countless asset management institutions in the industry began to focus on the 'securities' sector.

"If the securities move, the market index will probably pull back again?" Someone said with emotion.

In the case of the majority of investors in the market, the judgment of the market is still a rebound rather than a reversal. For everyone, the securities sector is a sector with no investment value, and it is the market's "shit stirrer" Existence, after all, the overall volume of this sector is very large, and the circulation is also very large. To pull such a market, a very large amount of funds is required, and when the securities sector begins to siphon the amount of active funds in the market.

Then, it will naturally cause other active sectors in the market to lose blood instantly, and finally form the problem of taking over the market.

This is also the usual...

The reason why the market trend is not good when the securities move.

It is also the reason why many investors who hold positions in the market hate the changes in the 'securities' sector and suck the active funds in the market.

All in all, when the 'bull market expectation' and 'bull market confidence' have not been fully established in this sector, it is difficult to gather the effect of making money continuously, so it is not very popular and continuously concerned by market investors, and it is difficult to absorb it. Continued active money and big money coming in.

Of course, these factors...

For the 'Yuhang No. 4' fund, which is currently in the initial stage of building positions, it doesn't matter at all.

On the contrary, for the 'Yuhang No. 4' fund.

Zhang Guobing wished that the securities sector could continue to be looked down upon by the majority of investors in the market, and it would hover and fluctuate for a period of time at this relative bottom position.

After all, only in this way can he have enough time to fill his position.

"Anyway, before the Shanghai stock index breaks through 3000 points, the securities sector is not worth seeing at all."

"I have lost money several times in the securities sector, and this sector has no market continuity. The last time the stock index broke through 2500 points, the securities sector had skyrocketed for a day. As a result...just when everyone thought that the bull market was coming, the securities sector would have When the market continued, I didn’t expect this sector to fall back quickly.”

"'Big Finance' is the ballast of the market, and it is impossible to skyrocket."

"It's still safe to sit on the two core mainlines of 'infrastructure' and 'military industry'. Following Mr. Su's core positions, he can outperform the market and the market no matter what. Securities and big finance, if the bull market does not come, what? The market that came? At this time...even if there is funds to do it, it is mostly a game, and there is no basis for the birth of a continuous market.”

"Indeed, at this stage, the securities sector cannot be overestimated."

"At this time, even if the securities sector can rise, it is estimated that it will follow the index to make up for the increase."

"Hey, maybe it rose in the morning and then fell in the afternoon. A few times, when the securities sector changes, there are banks and insurance companies to follow. Today, even the banks and insurance companies did not follow, and the market will definitely not continue."

"Agreed, securities is simply a sector with little value at present."

"I don't know which way the stupid funds are pulling securities? At this time, it would be hell if the securities can be pulled up."

"The key is to pull, and it's still a big brokerage stock. I'm surprised. There are tens of billions of large-cap stocks, and they are used on some small-concept leading stocks. Didn't the index skyrocket and break through soon? If the market is to be good, the best The most important thing is that the market investment sentiment is good!"

"Makes sense, sometimes I think big money...isn't very smart."

"In the big funds, the level of traders is also uneven, and not all of them are like Mr. Su of the 'Yuhang Department'."

"It's natural, if everyone is really the President Su of the 'Yuhang Department', that's fine."

"If all of these institutional traders are Boss Su, then we...don't need to speculate in stocks. Buying funds is the business."

While everyone is continuing to discuss and are pessimistic about the stock market...

at the same time.

In Shanghai, inside Zexi Investment Company, the trading room of the main fund.

Zhou Kan, the leader of the trading team, stared at the changes in the two markets, his eyes fixed on the continuously rising securities sector index, pondered for a while, and couldn't help asking Xu Xiang who was beside him: "Boss, do you feel that... today's 'securities' The changes in the plates seem to be obviously different from the previous few times!"

"What's the difference?" Xu Xiang asked with a smile.

Zhou Kan thought for a while, and responded: "The funds entering this sector don't give priority to small-cap brokerage stocks, but mainly large-cap stocks such as 'Huaxin Securities, Huashang Securities, Huatong Securities, and Huatai Securities'. It is very strange that in the entire sector, the stocks of large-cap brokerage companies have a better upward trend than the stocks of small-cap brokerage companies, and the market funds are also more actively undertaken, which is very strange.

Moreover, when securities siphon funds.

It is even more strange that the banking and insurance sectors, which have always been linked with the securities sector, have not moved much, and even if they have moved, they have passively fluctuated with the index.

It seems that... the funds entering the securities sector have no intention of really pulling the main line of 'big finance' at all! "

(End of this chapter)