Rebirth of the Investment Era.

"Hey..." Liao Guanghua smiled and said, "This can only show that the main fund of the 'Yuhang Department' has been reducing positions and retreating from the main line fields such as 'infrastructure' and 'military industry' long before. The main line of 'brokers', or 'big finance', is now on the main line. The purpose of this wave of market pull is not to build positions, but to arouse market sentiment and countless follow-up funds to converge on the main line of 'brokers' and even 'big finance', so that The market has formed a market trend of the core main line 'switching between high and low'."

"When did the funds of the 'Yuhang Department' withdraw from the main line fields such as 'infrastructure' and 'military industry'?" Wu Dayong said in shock, "We didn't notice it either?"

Liao Guanghua said: "Their transactions in our company's sales department are not as concentrated and frequent as before. We can't observe and detect them every time, and the main lines such as 'infrastructure' and 'military industry' in front of them are fluctuating sideways. It’s almost a month, no matter what, it’s enough for them to adjust their positions calmly and perfectly avoid the dragon and tiger list.”

"It's amazing." Wu Dayong had to sigh with emotion, "The pull of this kind of funds is really violent, but what logic do they follow, in the pull of the brokerage sector, and even attract the active capital groups in the market to gather in the 'big finance' field? What? According to the current analysis of many institutions in the industry on the main line of 'big finance', everyone's expectations and investment logic on this main line are somewhat different.

In fact, the previous month.

Funds also tried several times in the direction of 'big finance', but failed to form a consistent force.

Why is the fund of the "Yuhang Department" so sure about the line of "big finance" that it can come out and perfectly undertake popular main line markets such as "infrastructure" and "military industry"? "

"I don't know!" Liao Guanghua said, "The trading ideas of the 'Yuhang Department' funds have completely deviated from everyone's expected thinking and direction. In fact, we can really guess the operation of the 'Yuhang Department' funds If you don't think about it, it is impossible for the entire industry market, only the funds of the 'Yuhang Department' can make several times the market performance."

"Is it... the logic of 'bull market expectations'?" After a pause, Wu Dayong said again.

Liao Guanghua thought for a while, and responded: "The fundamental logic that caused the 'Yuhang Department' to invest such a huge capital flow to drive the 'brokers' sector is unlikely to be as simple as 'bull market expectations'. Logic has great uncertainty, and the majority of investor groups on and off the market do not have a high degree of recognition for the logic of 'bull market expectations'. Based on this logic, the core market will not form a unified market force of."

"What is that?" Wu Dayong was puzzled.

Liao Guanghua shook his head and said, "I don't know. We can only wait for the market to react further and the news to become clearer."

"Then... shall we follow now?" Wu Dayong looked at the rise of the 'brokers' sector index, which has now risen to about 3.8%, and asked, "Mr. Liao, the sentiment of the funds of the 'Yuhang Department' to the market The impact, as well as the corresponding main line driving effect, are extraordinary. According to the amount of concentrated funds bought by this fund in the 'brokers' sector today, the data of the dragon and tiger list in the afternoon shows that it is definitely on the list.

At that time, market sentiment intensified.

In case, after the market closes, there will be concentrated and corresponding positive stimulus on the market news.

If we don’t follow suit at this time, I am afraid that it will be very difficult to focus on follow-up and get bargaining chips at an appropriate cost. "

Liao Guanghua nodded slightly, agreeing with the logic Wu Dayong said, pondered for a while, and said: "Follow up some positions, although there is no clear news on the current internal news, but tomorrow will be another one." There is an internal meeting of the central bank, and I don't know what news will flow out.

Now that the funds of the 'Yuhang Department' have moved.

Moreover, according to the funds of the 'Yuhang Department', the historical record in the past.

There is also this stock of funds, the sensitivity to market conditions, we... At this time, we can only prefer to believe what we have, not to believe what we have, and we have no choice but to follow the trend of some positions. "

"En!" Wu Dayong nodded, and quickly began to order a group of traders.

Liao Guanghua looked at the securities sector that was still going up in explosive volume and oscillating upward, and said helplessly: "Presumably there are not a few institutions that have the same psychological changes as us at this moment. The funds of the 'Yuhang Department' are really... Relying on one's own power, turning around the entire market, and really relying on one's own power, all the institutions that lack positions in the 'big finance' field have no choice but to follow suit and intervene."

Hearing Liao Guanghua's emotion, Wu Dayong felt a burst of embarrassment, and he had to sigh: "Is this the influence of the top main funds in the market? It's really... so powerful!"

Feel through the intuitive panel.

Wu Dayong felt that the funds of the 'Yuhang Department' held hundreds of billions of capital and had never failed.

Although it is not the 'national team', its influence on the entire A-share market is already far greater than that of the 'national team', and this... is an extremely terrifying and shocking thing.

Just as the two of them were analyzing the board.

Predicting the main funding intentions of the brokerage sector, and even predicting the basic logic of the brokerage riots.

At this moment, the inside of the supervisory level, Shanghai Metropolis, the market exchange, the trading center, and the Ministry of Supervision.

As the director of the Supervision Department, Yang Guochang also made countless calls.

Some of these calls are friends who are inquiring about news, and some are calls from leaders within the Securities Regulatory Commission. Everyone calls for only one purpose.

That's why asking about the extreme riots of 'brokers' today.

After all, the last time the mainline of the 'big finance' had a full-scale riot was when 'Guangda Securities' made an oolong finger.

At that time, 'Guangda Securities' spent more than 100 billion in just a few minutes through the ETF channel, and pulled the stocks of the four major banks, core insurance companies, and brokerage companies to the daily limit, causing extreme dissatisfaction in the market. Good influence, so... This time, after the extreme riots of the securities companies, the leaders of the Securities Regulatory Commission were also facing the enemy after seeing the abnormal market trend, and asked the supervision department of the trading center whether there were any changes that did not comply with market rules Condition.

Then, when these people inquired.

After learning that the market transactions were normal, the shock in my heart became heavier.

After all, if it is a compliant transaction, if someone is really using real money to push up the market, then the result and the logic behind it will be too shocking.

"'Yu Hang Department'..." Yang Guochang, as the director of the Supervision Department of the trading center, can naturally see what the funds are for buying securities companies' stocks. Lei Ting, with such a tyrannical trading technique and such a brilliant trading ability, he really deserves to be the smartest and most legendary main fund in the market, it's amazing, amazing."

He knows that the current regulators, the entire China Securities Regulatory Commission, have a heavy responsibility.

It shoulders the burden of guiding the market to go bullish, making better use of the capital market to activate the macro economy, and stimulating the real economy.

Therefore, seeing that the funds of the 'Yuhang Department' can use real gold and silver on a large scale to drive the disk to develop in a good direction at the most appropriate time, lighten the burden on their shoulders, and reduce their work pressure, he naturally I am also very happy in my heart.

Of course, except him.

Except for their transaction supervision department.

At this moment, the Fund Management Department of the China Securities Regulatory Commission has also detected an abnormality in the extreme buying of stocks by the institution 'Yuhang Department'.

However, after everyone discovered that the purchase of the 'Yuhang System' was in line with market regulations and there was no illegal operation, they were naturally shocked and acted as if nothing had happened.

But as the market trading time goes by...

At 11 o'clock in the market trading hours, the brokerage sector began to stabilize after the increase of more than 4%, and the intraday amplitude was close to 10%. In the case of intraday high volatility, it also rebounded from the deep V of the Shanghai index. , Recovering all the sharp losses in the early trading, and barely in the red market.

Institutional groups inside and outside the market are concerned about the main capital component of the 'brokerage' sector that was previously concentrated.

There are more and more guesses.

And when the market closed at noon, the brokerage sector led the market in an all-round way, closing at a 4.22% increase, with a half-day turnover of 187.95 billion, and the Shanghai Stock Exchange rose to 0.79%.

During the lunch break.

Discussion on the logic of riots in the brokerage sector, and discussions on the main capital components of the brokerage sector.

becomes more and more intense.

At the same time, many people are also looking forward to the news at noon. There will be great news about 'securities' and even the main line of 'big finance'.

However, throughout the afternoon, the news was quiet.

Among the different opinions, everyone's discussion on the main capital components and motivations of the pull-and-roll brokerage sector also did not have a clear result.

Finally, after everyone's good expectations fell through.

In the afternoon, the market reopened, and the index gains of the brokerage sector began to gradually fall.

However, even if many funds that failed to meet expectations started to take profits in time and closed when they were good, overall, after the emotional stimulation in the morning, the funds undertaking effect of the brokerage sector and even the entire "big finance" main line still performed relatively well. Good, and at the same time, thanks to the shocking daily limit of the two leading concept stocks of 'Blue Stone Heavy Equipment' and 'Leiman Optoelectronics', the short-term hype sentiment of the entire market, and the hot money's follow-up efforts have also recovered relatively well.

And the combination of these factors.

It also supported the index, and in the trend in the afternoon, it still maintained the trend of oscillating in the red market.

Finally, 3 p.m.

When the two markets closed, the Shanghai Index still closed in red, with a 0.52% increase, while the Shenzhen Stock Exchange Index and the ChiNext Index also recovered all their intraday losses, reporting increases of 0.42% and 0.39%.

In particular, the market A50 index rose by 1.89% today, leading the rise in the core indexes of the two cities.

As for the core lines of the major markets that have attracted much attention.

Industry sectors and concept sectors related to the two main lines of 'infrastructure' and 'military industry', as well as hype around concept themes such as 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', There are a lot of concept sectors that are oscillating, as well as core stocks and leading concept stocks in these main line fields.

Although recovered most of the intraday decline, but the overall trend is still weaker than the performance of the broader market index.

"Technology growth", "big consumption" and "non-ferrous cycle" and other low-level main lines performed slightly better than the most dramatic high-level main lines such as "infrastructure" and "military industry". They basically kept up with the index, but they did not perform well. The relatively independent trend came out, as well as the traces of the main funds concentrated in the market.

'Sports Industry Development' and 'Second New Stocks' sectors.

Today, the epic-level extreme shock trend was managed, but in the end, it generally closed higher. Its related core concept stocks, as well as concept leading stocks, all closed up sharply, significantly outperforming the index.

Among them, two checks such as 'Rayman Optoelectronics' and 'Blue Stone Heavy Equipment'.

In the case that the intraday amplitude reached more than 15% one after another, they still closed at the daily limit in the end.

In particular, the check of "Blue Stone Reloading" has completed 22 consecutive daily limit feats, which further refreshed the height of the market's capital relay hype, and further stimulated the market's hype sentiment, as well as the high-level acceptance of hot money from all walks of life. Willingness directly opened up the risk awareness of the entire market in terms of short-term speculation.

Further upside to the market, providing an emotional basis in disguise.

At the same time, with the extreme profit-making effect of individual stocks, it continues to stimulate potential investor groups outside the market, and as always, boldly invest in the market.

As for the 'brokers' sector that saved the entire market today.

Under the extremely high degree of attention, the turnover of the sector has also reached a new high for the year, and even a new high in recent years.

In the end, it was reported at a 3.98% increase in the market.

This disk increase, compared with the highest intraday increase of the brokerage sector, although it has fallen back, it has not dropped much, and still maintains a relatively strong sector profit-making effect.

Moreover, the internal constituent stocks of the entire brokerage sector.

There are as many as 5 brokerage stocks with a daily limit today, especially large-cap brokerage stocks like Huaxin Securities, Huashang Securities, and Huatong Securities. It exceeded the increase of the sector index and reached more than 5%.

Among them, the check from Huashang Securities almost hit the daily limit in the intraday session.

There is also the check of "Huaxin Securities", the turnover of the day has reached 53.29 billion, which has set a new high figure for the turnover of individual stocks in the recent market.

After the market closes...

Everyone discussed today's market trends and the overall changes in the 'brokers' sector.

become more intense.

Among them, many major capital institutions with internal network information have already begun to get the news that the main capital of the 'brokers' sector is the main capital of the 'Yuhang Department' within the day.

Of course, despite the fact that the 'Yuhang Department' is focusing on the brokerage sector, the news of large-scale warehouse building and increasing positions in 'big finance' continues to ferment in the market.

But when there is no real disclosure of the data on the market dragon and tiger list.

Everyone is still skeptical.

But when 5:30 p.m. came, the dragon and tiger lists of the two cities were announced.

You can see the bright seats of "Wealth Road" and the seats of two institutions related to "Wealth Road" on the stock buying seats of "Guangda Securities, Western Securities, Orient Securities, and Pacific Securities" listed on the list. An extremely shocking emotion sent to the heart.

In an instant, madness swept through the entire domestic financial circle.

No one thought that after being hidden for several months, "Fortune Road" suddenly appeared in securities stocks.

No one even thought that the main force of the 'Yuhang Department' once again swept the buying seats on the dragon and tiger lists of the two cities under such an extremely volatile market pattern. (end of this chapter)