Rebirth of the Investment Era.

"Boss, the market sentiment is really hot."

During the lunch break, around 12:30, inside Zexi Investment Company and the trading room of the main fund in Modu, Zhou Kan observed the hot topic areas of the major stock discussion platforms on the entire network, as well as the discussion and comment areas of the trading platforms. Xu Xiang said with emotion: "The movement of 'Big Finance' really brought the investment sentiment and hype sentiment of the entire market to the field with a high risk appetite.

React in accordance with such market investment sentiment and hype sentiment.

As long as the continuous money-making effect of the market can be maintained for a period of time.

Then, under the dual virtuous cycle of volume and emotion in the market, the curtain of the 'bull market' has been completely unveiled.

I have to say, this President Su of the 'Yuhang Department' is really awesome.

Moreover, didn't you hear that the central bank is preparing to further loosen the banks and increase the currency liquidity in the market?

If there is another wave of stimulus from the macro-funding side, then I estimate that the market price and turnover will continue to rise and break through rapidly! "

Hearing his emotion, Xu Xiang said: "The current market sentiment, as well as the risk appetite of the major investor groups in the market, have indeed risen. The funds of the 'Yuhang Department' have pulled out the line of 'Big Finance'. At present, the trend of 'high-low switching' has basically been completed."

"Hey..." Zhou Kan laughed and said, "Fortunately, the boss has a reputation for foresight, and let the two main fund products of our institution bet heavily on the main line of 'big finance'. Once... let the funds of the 'Yuhang Department' honestly carry the sedan chair for us!"

Xu Xiang said: "The line of 'big finance' has a lot of main funds. I should have noticed it before and formed relatively strong expectations. It's just that no one has the courage of the funds of the 'Yuhang Department'. Forcibly use tens of billions of new funds to continue to hit the height of the market and activate this big main line.

Of course, even so...

But I also have to admire the opportunity chosen by the 'Yuhang Department' to pull the market this time. "

Before the 'Yuhang System' stormed the line of 'Big Finance'.

In the early period when the core lines of the market such as "infrastructure" and "military industry" fluctuated violently, it was still impossible to open up the breakthrough situation and the time period for the upward space.

In the market, many major capital groups have tried to pull the main line of "big finance".

Trying to pull out this big main line, so as to replace the core main lines such as "infrastructure" and "military industry" that have been unable to break through upwards, and realize the "high-low switching" of funds and emotions, but the securities sector has changed again and again. It can form unanimous expectations, truly create a continuous market height space, and truly gather the fiery follow-up sentiment and follow-up capital groups in the market, forming a substantial breakthrough trend.

The funds of the 'Yuhang Department'.

Pull the "securities" sector, and use the "securities" sector to drive the entire "big finance" main line to make a breakthrough.

Xu Xiang was not surprised.

What really surprised him was the choice of timing for the funds of the 'Yuhang Department'.

As for yesterday's market trend that collapsed across the board, and the emotional reaction of extreme decline, if he was in the opponent's position, he probably didn't have the courage and courage to invest such a huge amount of money to forcibly reverse the market and desperately hit the "securities" sector. line.

What's more, on the market news at that time, there were no positive expectations about securities and the direction of "big finance".

Now when he thinks of the other party's trading moves in the direction of the securities sector, he still feels unavoidable admiration, and at the same time feels ashamed.

"That's right, in the securities sector, before the main line of 'big finance' broke out, no one would have guessed the market conditions in the past two days. Can they go so aggressively?" Zhou Kan took the words and continued, "Boss, today's market is going to be so aggressive." , for the 'Securities', 'Internet Finance' sectors, and even the entire 'big finance' main line of funding has become more and more consistent, and the funds rushing to raise and undertake are emerging in an endless stream. Do you think... the market in the afternoon In terms of market performance, can the main line of 'big finance', which has already risen sharply, go further in terms of market performance?"

"Probably can go further." Xu Xiang said, "The market sentiment is too strong, and the current macro news, isn't the good news continuing to ferment? There is also the central bank's internal monetary policy meeting in the afternoon, and the follow-up The opening of Shanghai-Hong Kong Stock Connect, the opening of A50 index futures and China Securities 500 index futures... These are all good expectations. What's more, the current mainline market of the whole "big finance" has just exploded, and its overall valuation, or the position of the stock price trend, Comparing the core component stocks of the main line such as 'infrastructure' and 'military industry' in the early stage, as well as the valuation of the stocks on the main line of 'technology growth', there is considerable room for improvement.

In other words, these positive expected factors, as well as their own undervaluation impact.

Also under the influence of the fiery market itself, brokerage stocks are very good performance expectations for the third and fourth quarters.

Stocks in the main line of "big finance" have strong hype logic and motivation, and also have a certain logic and room for supplementary growth.

At this time, the main capital groups of all parties in the market.

The most fundamental core factor in the extreme rush to raise stocks in the direction of "big finance" is not the influence of the funds of the "Yuhang Department", but the strong investment logic and hype expectations in the direction of "big finance".

When it comes down to it...

For the line of 'big finance', even without the full-scale attack and tough pull of funds from the 'Yuhang Department'.

With the passage of market trading time, as more and more good news emerges on this line, and the subsequent arrival of good news in the market, this main line of market will still gather the joint efforts of various funds in the market and attract More and more main funds are coming, and it has stepped out of the form of a substantial breakthrough.

It's just that there is no direct stimulus from the funds of the 'Yuhang Department'.

Perhaps the market reaction of the line of "big finance" will be slower, and its breakthrough trend will not be so fast, and the explosive force will not be so strong. "

Hearing Xu Xiang's analysis, Zhou Kan pondered for a moment, came to understand, and said with a smile: "So, this President Su of the 'Yuhang Department' is just following the trend?"

"Of course it is following the trend." Xu Xiang smiled and said, "The main attack path of any top trader in the market, or all trading strategies, are formulated in accordance with the market trend. In the financial trading market, the most The strong synergy is also its own trend development force.

We make orders, trade, and speculate.

Its essence is just to understand the possible trend changes of the market through various analyzes and predictions.

The entire A-share market, with a market of tens of trillions, does not have any main financial institution, which can go against the trend and be right with the entire market in trading operations.

For so many years, hundreds of billions and trillions of funds of the "national team" have been silent on the field.

Under the demands of the regulatory authorities, these funds have always wanted to activate the market, create a continuous profit-making effect, stimulate a round of bull market, and finally open up direct financing channels in the market. But after a few years, have they succeeded?Isn't it still a pull, the marginal effect becomes weaker each time, and finally achieves the opposite effect?
This is not following the existing development trends and laws of the market.

Moving against the trend, no matter how huge the amount of funds is, it will not be able to leverage the market, and it will not be possible to make the active capital flow of the entire market form a unified situation in one direction.

The capital of the 'Yuhang Department' is not strong in the amount of funds he holds.

It is his sensitivity to changes in market conditions and trends. This "Yuhang Department" President Su can always catch the turning points of market sentiment changes, and decisively invest huge amounts of money to guide and eventually form a market Changes in macro trends.

I have never seen this point in the hands of traders of other major institutions in China.

Of course, even I can't do this.

So, there is only one market legend, and there is only one performance myth of the 'Yuhang Department'. Other people and other institutions cannot and cannot replicate it. "

Zhou Kan didn't expect the boss to have such a high opinion of President Su of the 'Yuhang Department'. He smiled lightly and said, "The boss is also very remarkable. In this wave, we are lurking just right, lurking in advance. Stocks happen to be the most violent stocks in this wave of market outbreaks.

Just ...

In the conceptual sector of 'Internet Finance', there are not enough funds for deployment and insufficient bargaining chips. "

Before, before the whole 'big financial' riot.

Due to the funds of the 'Yuhang Department', it has long held a lot of 'Internet Finance' stocks.

Therefore, for a long time, the adjustment of the line of "Internet Finance" has not been strong enough, and there are not many opportunities to buy at low positions.

At the same time, coupled with the various capital groups in the market, they are frantically chasing the stocks held by the 'Yuhang Department'.

As a result, the component stocks of the entire "Internet Finance" sector, the general valuation level, and the stock price position are all higher than the entire "Big Finance" mainline core sector.

This also led to when they were building positions on the main line of 'big finance'.

Considering the cost of building a warehouse, the core direction of building a warehouse has not been included in the "Internet Finance" sector.

"It's okay." Xu Xiang smiled and said, "It's impossible to be perfect in everything. If we can lay out heavy positions in advance, get relatively low-level core securities companies' stock chips, and seize the opportunity of the 'big finance' outbreak, it will be very good. The profits in the market are endless, and our predictions about the market conditions cannot be too accurate, and we should be very satisfied with the current situation."

"Yeah!" Zhou Kan nodded.

After more than a month of continuous increase in positions, as well as the operation of locking positions and waiting for the main line of the market to switch.

Their institutions, now, in the core sectors of securities, insurance, and banking, have a total holdings of 100 billion, accounting for 60% of the positions of the two main funds, so... at this moment Naturally, there is nothing to complain about the full-scale explosion of "big finance".

When the two of them were analyzing the current market situation and market conditions, and looking forward to the opening of the market in the afternoon...

Also in Shanghai's 'Yinghui Fund Company'.

In the main trading room of the 'Yinghui No. 2' fund, Shao Xiaoyun, the fund manager, saw that the entire market's "big finance" broke out in an all-round way, and the securities and Internet finance sectors all set off a trend of daily limit tide, but his brows were obviously frowned, and he looked very nervous. anxious.

He managed the fund product 'Yinghui No. 2'.

Although the early popular main lines such as "infrastructure" and "military industry" were withdrawn in advance, the sharp drop adjustment of these early popular main lines in the past few days was avoided.

However, the area where the fund has a heavy position is focused on the main line of 'technological growth'.

This also means that their fund, although they escaped the big drop in the past two days, they also missed the market of the "big finance" full-scale riot.

At the same time, because the capital groups in the entire market are converging in the direction of "big finance".

The stocks in the main line of "Technology Growth" that their fund has a heavy position in have limited market liquidity, so that even if he quickly adjusts his position to the main line of "Big Finance", he will not be able to do it in a while.

"Hey..." Shao Xiaoyun paced around in the trading room for a while, and sighed helplessly, "The benefits of the 'big finance' direction are still fermenting, and I heard that the central bank's internal monetary policy meeting in the afternoon may have serious consequences. Pounds are good to release, and in this situation, we are really neither advancing nor retreating!"

Liu Changling, the trading team leader, thought for a while and said, "Manager Shao, my suggestion is that we should get out of the positions in the main line of 'Technology Growth' as ​​soon as possible, and quickly transfer our positions to the main line of 'Big Finance'.

Now that the market has made the choice of the main line direction, we can't hesitate!

What's more, although the direction of 'big finance' and the 'securities' sector have now risen in an all-round way, from the bottom position yesterday, it has generally risen by more than 10 points, but compared with the entire market, it has just made a real breakthrough The shape is still at a relatively low position.

If we are at this time, then hesitate.

Then I am afraid that if you want to adjust the position on a large scale in the future, it will be more uncomfortable in terms of the cost of holding the position and the timing of intervention.

In fact, if you intervene now, the cost of the funds of the 'Yuhang Department' will not be much lower than the funds generally involved at this time.

'technological growth' line.

Since it has been proved that the main funds in the market have been abandoned, it is likely that it will be difficult to obtain the concentrated attention and hype of the entire active capital group in the market before the main market line of "big finance" is completed.

Once the core main line of the market is formed, once the consensus expectation of the market is formed.

In the market trend, it is the situation that the strong will always be strong.

If we don't change our strategy at this time and follow the existing market trend choices, we will only become more and more passive in the future, and such a strong market sentiment, coupled with the intentional stimulation of the funds of the 'Yuhang Department', the macro news The possible heavy benefits on the surface...

under the combined influence of these factors.

The line of "big finance" may not be adjusted in a short period of time, and it will provide a good buying point for the short-term funds.

There is a high probability that the short squeeze will continue.

Moreover, the Shanghai stock index is 3000 points away from the top, and now it is only one step away.

We don't intervene at this time, wait until the "big finance" drives the index to exceed 3000 points, and the "bull market expectation" is deeply rooted in the hearts of the people, then at that time, if we want to catch up with the line of "big finance" and complete the overall adjustment of fund positions, we can do it. It became more and more difficult. "

"But at present, the entire 'securities' sector, many core stocks, have already reached their daily limit." Shao Xiaoyun said, "This time, even if you want to buy it, you can't buy it."

Liu Changling said: "There is always a price limit. A core stock like 'Huaxin Securities' can obviously be bought heavily. If the funds are used to speculate in securities, if the 'bull market expectation' is deeply rooted in the hearts of the people, the main rise of the big bull market will start. , In the continuous skyrocketing of the line of 'big finance', can funds avoid the hype of 'Huaxin Securities'? It is obviously impossible to avoid it. It is better to chase high and buy at this time than to chase high later. "

"Okay!" Shao Xiaoyun thought for a while, finally nodded, and said, "Then, from the opening of the market in the afternoon, quickly liquidate the stocks held in the main line of 'Technology Growth', regardless of the cost, and chase positions to buy the securities sector and Internet finance sector core constituent stocks."

Liu Changling nodded, and quickly issued corresponding trading instructions to the traders.

At the same time, you should also prepare for the corresponding trading strategy adjustments.

And at the same moment, it was in the trading room of the main fund of 'Yinghui No. 1' next door to them.

Fund manager Liu Guanhai squinted at the fixed market prices of the two cities, and browsed through the hot topic area of ​​​​the relevant stock discussion platform, but he was obviously in a good mood. There were smiles in his eyes and face, and he smiled at Yu Lei, the head of the trading team on the side, said: "Xiao Yu, you are still the best. In this wave, we adjusted our positions and intervened in the main line of 'big finance'. The node, not only perfectly avoided the sharp decline and adjustment of the main lines such as "infrastructure" and "military industry" in the early stage, but also completely hit the skyrocketing main line of "big finance". In just two trading days, the net profit of our fund has reached It skyrocketed by nearly 10 points!"

Yu Lei, the leader of the trading team, responded with a smile: "The main thing is that Mr. Liu is great. I just provide some analysis and opinions. The final decision is made by you."

"Haha..." Liu Guanhai laughed, "We finally learned the lesson from before and made a correct adjustment of positions, but the funds of the 'Yuhang Department' are really powerful enough. In order to take profit and reduce positions in the early main line fields such as 'infrastructure' and 'military industry', and to promote the main line of 'big finance', the timing is... really just right!
Moreover, with such a rapid way of pulling offers, the entire market and the entire industry will not be able to find another person!

I really don't know how this guy's understanding of market conditions and his keen market insight came into being?
It's so enviable!

It's no wonder that in the market, so many retail investor groups, so many main funds, follow the trend of the "Yuhang system" to operate.

This President Su of the 'Yuhang System' is truly genius-level in terms of market manipulation. "

He still remembered the scene when he met this person in Yanjing during the National Day last year. At that time, he even taunted him a few words, thinking that the funds of the 'Yuhang Department' were nothing special.

But after a year.

When he was in the market, he saw this main force of funds, the operation that shocked the market investor group time and time again, led the market to break through the main line of the market time and time again, and created breathtaking explosive performance time and time again... At the time, At the same time, in June, he misjudged the market situation and stood on the opposite side of the fund of 'Yuhang Department', and encountered the biggest retracement since he took charge of the 'Yinghui No. 6' fund.

He is very concerned about President Su of the 'Yuhang Department'.

Even if you don't like it in your heart, you have to admire the other party's trading ability and keen insight into market conditions.

Yu Lei nodded and said: "This President Su is indeed a unique legend in the market. No one thought that the line of 'big finance' would be able to make a breakthrough under such circumstances. And formed the core main line of the market 'high and low switch'."

"It's no wonder that the 'Yuhang Department' has grown to a scale of hundreds of billions in just over a year!" Liu Guanhai said, "It is foreseeable that the future 'Yuhang Department' will most likely become The domestic asset management industry is an asset management giant that cannot be ignored."

He seems to have seen a financial giant company rising gradually.

Likewise, at the same time.

Many of the main fund groups who hit the main line of "big finance" in advance, and ambushed their positions when the "Yuhang system" pulled the main line of "big finance" in advance, are also carnival at this moment, and the emotional reactions in their hearts are also the same The unconcealable excitement and amplitude.

And those who missed the main line of the "big finance" concentrated riots.

Mistakenly concentrated their positions on the main capital groups in the main line fields such as 'technological growth', 'big consumption', and 'color cycle'.

At this moment, it is inevitable that there is some remorse, and one after another impulsively make trading strategies to adjust positions.

Of course, those who have not been able to withdraw from the main line fields such as 'infrastructure' and 'military industry', especially in the last month or so, have heavily intervened in the main line fields of 'infrastructure' and 'military industry'.

At this moment, not only was the main line of the 'big finance' rioting, but also suffered a huge retracement and loss.

The mentality is really close to bursting.

Moreover, many managers of institutions, feeling helpless and complaining in their hearts, couldn't help but began to yell at Su Yu's "Yuhang Department" of funds.

Many of them are at high positions when they undertake the main line market such as 'infrastructure' and 'military industry'.

Its important intervention logic of rebalancing is that the main funds of the 'Yuhang Department' will continue to be locked up to maintain these mainline market conditions, but I did not expect...

The funds of the 'Yuhang Department' were released quietly.

And quickly shifted positions to the direction of 'big finance', causing the liquidity of 'infrastructure', 'military industry' and other popular main lines in the early stage to instantly lose liquidity, making them, the main institutions with heavy positions here, unable to withdraw their positions at all for a while , If you can't withdraw your position, you will naturally be unable to participate in the riots in the main line of 'big finance'.

Of course, in the market, there is no main force in any stock.

It is impossible to be liked by all follow-up capital groups.

After all, in this financial market, the essence cannot get rid of the game. If no one loses money, no one will make money.

Su Yu will not sympathize with these main financial institutions that have not been able to immediately withdraw from the early core main lines such as 'infrastructure' and 'military industry', and have become the last high-level guards and takeovers. Of course, he will not care. (end of this chapter)