Rebirth of the investment era

In his mind, he believes that Fortune Road, the main force of capital, is always just hot money in the market. He may be good at speculating in small-cap stocks and concept stocks, but core weights such as 'big finance' are definitely not something that this kind of capital can dominate and speculate on. .

After all, in this field, a series of super main funds such as public funds and state-owned institutions are gathered.

Compared with large and super-large major institutions that can easily generate billions, tens of billions, or even tens of billions, the amount of hot money cannot play any role at all.

And usually...

Whether it is a sudden favorable market situation or a sustained trend market, hot money will also avoid heavyweight stocks.

Therefore, he believes that Fortune Road's pursuit of securities, in the field of 'big finance', which has a very complex internal chip structure, and to rely on emotional speculation to reap huge profits is a completely wrong calculation and is very unwise.

"Old Chang, it's not a good thing to underestimate your opponent!"

Behind him, another middle-aged man, Lin Zhaoye, director of the fund management office of Shenhua Fund Company, laughed and said: "As far as I know, this wealth fund is very good at capturing market opportunities." After the first battle in the Free Trade Zone, this guy became famous all over the world."

"What I rely on is the main investment opportunities analyzed from the market news."

“As a result, countless major funds were lurked in the ‘Shanghai Free Trade Zone’ in advance, and huge profits were reaped several times.”

"Today, 'securities and venture capital' are suddenly rioting. Although the market generally believes that the riots in these two sectors are caused by the basic logic of the bull market being widely confirmed by the market, careful consideration shows that the regulatory authorities have recently released a series of positive news. , the method of stimulating the market is also possible to predict the ‘IPO restart’!”

"So what if you guessed it?" Chang Lili, product manager of the "Shenhua Blue Chip Select" fund company known as "Lao Chang", said calmly, "The previous positions of this fund were all in the core of GEM. On the two main conceptual lines of 'mobile Internet' and 'smartphone industry chain', even if he guessed it now, it would be too late to build a large-scale position. He would only chase higher and take over for us."

"And just in time..."

Chang Li smiled and continued: "We can also use the influence of his seat to quickly increase our heavy holdings of stocks, so that more funds following his seat will flow in, thus helping us to retreat safely."

"Bull market...let everyone live in the illusion of a bull market!"

“With the news of ‘IPO resumption’, after harvesting this wave, the performance of our company’s flagship ‘blue-chip preferred’ product should turn positive.”

"The news of 'IPO resumption' is negative for the market as a whole. If we want to make full profits, we really have to take advantage of the fact that the news is not fully clear and the market sentiment is still hot to quickly increase the share prices of heavily stocked stocks. , in order to make the greatest profit." Lin Zhaoye nodded, "No matter what the motivation is, it is good for us to catch up with the wealth of Fortune Road. After all, hot money participates in the speculation, and the market will ferment faster."

While the two were talking...

At this moment, a similar scene is happening within many institutions with large positions in the fields of "securities and venture capital".

Everyone is a little surprised that Wealth Road is so quick to pursue the "securities and venture capital" line, but beyond the surprise, there are also surprises.

After all, after everyone got the news that the IPO market was about to restart.

Quickly launch the "securities and venture capital" market. Can this main line of the market continue? Will other active funds in the market follow immediately? Can the market be stirred up before the news officially comes out, so that we can profit from the news later? The harvest space has always been quite suspicious.

But now... with the entry of wealth chasing positions, market investment sentiment will definitely ferment rapidly in this direction.

In this way, the problems they are worried about will no longer exist.

"With such an urgent transfer, why do I feel that the operation of Fortune Road's funds in the past two days has fallen short of the standard!" The institutions each have their own calculations in mind and want to take advantage of the news channel of 'market IPO restart' , while harvesting Fortune Road and the subsequent follow-up market retail investors, in the Shenzhen market at this moment, inside Xiniu Fund Company, in the trading room, Mou Zhengxing, the trading team leader of Manniu No. 1 Fund, after reviewing the market, I couldn't help but complain, "The line of 'securities and venture capital' shouldn't last long, right?"

"How come it's not up to par?"

Fund manager Fang Xinsheng heard Mou Zhengxing's complaints and couldn't help but ask.

Mou Zhengxing did not expect that the manager was standing behind him, smiled slightly awkwardly, and said: "The reduction was too hasty, the pursuit was too hasty, and the large funds were used in the retail operation mode of chasing ups and downs, and felt restricted everywhere. I am ahead of the market and lagging behind the market, so I feel that compared with the previous operations on Fortune Road, it is a little... different."

"Subject to the market situation and falling behind the market trend?" Fang Xinsheng smiled, "How do you know that what you see is not what others want you to see?"

"If the path to wealth is as stupid as you say, it will kill the decliners when they fall and chase the rises when they rise."

"Just a large retail investor."

"Then how could he create such a huge amount of wealth in a few months, and gather tens or tens of billions of funds on his own, so that 'Yuhang Investment' could only be established less than half a year ago? In just a short time, can we join the tens of billions of domestic private equity ranks?”

"The Dragon and Tiger List requires more than just looking with your eyes, you also have to think with your heart."

"Furthermore, you said that the line of 'securities and venture capital' is not sustainable, so how do you judge it?"

"I said that there is no continuity in the main line of speculation of 'securities and venture capital', mainly because of the total turnover of the current market." Mou Zhengxing pondered for a while and replied, "Today's market is in 'securities and venture capital' In the case of a full-scale outbreak, not only did the volume not continue to increase, but the overall volume shrank a lot, and it shrank back to less than 120 billion. This gave me a very bad premonition. After all, volume comes first, and without volume, where would it come from? Quotes?"

"As for the road to wealth..."

"The manager just said that what we saw was most likely what the other party wanted us to see." Mou Zhengxing scratched his head, "What does this mean?"

Fang Xinsheng said: "The top market hot money will use their trading seats to induce market sentiment and help them increase stock prices and shipments. Do you think Wealth Road can't do it? Yesterday Wealth Road was on 'mobile Internet' and 'smartphones' "Industrial Chain', the two major market main lines, it is so urgent to exit positions, but today the wealth road has completely disappeared in the core concept stocks of these two major main lines."

"Everyone knows that the 'Yuhang No. 1' fund managed by Fortune Road has at least 3 billion level positions on these two major lines."

"If he wants to reduce his position, how can he get out in one day?"

"Yesterday, he reduced his position so quickly that he did not hesitate to exit the market. Today, the trend of the two main lines is obviously more sluggish, but he has given up on continuing to reduce his position and take profit. Do you think this is normal?"

"Yes...it's quite strange!" Mou Zhengxing nodded in response.

"Most of Fortune Road was so eager to kill on purpose yesterday." Fang Xinsheng guessed, "And this also shows that he is probably out of the game safely on the two main lines of 'mobile Internet' and 'smartphone industry chain'. Profits have been harvested, and there is no position... Naturally, it will not appear on the Dragon and Tiger list again!"

"This..." Mou Zhengxing was extremely shocked, "Isn't this possible? When the 'Yuhang No. 1' Fund announced its position data in September, the positions on these two lines were more than 3 billion. After the National Day, there was no I saw there was a reduction in positions on Fortune Road, why did everyone show up?"

"After the National Day, how many times have you seen the core concept stocks of the two main lines of 'mobile Internet' and 'smartphone industry chain' on the Dragon and Tiger List?" Fang Xinsheng said, "Now that I think about it... these two main lines after the National Day In the trend, several popular stocks have deliberately missed the disclosure conditions of the Dragon and Tiger List data many times. This should be because Fortune Road Control is secretly reducing positions and taking profits."

"It's really amazing..."

"Such a large position was taken out silently, and it could also create obvious false impressions on the market."

“Let’s talk about today’s line of ‘securities and venture capital’.”

Fang Xinsheng paused and continued: "Look at the urgent pursuit of wealth on the Dragon and Tiger List. In fact, this may be a signal deliberately released by others. What they want is funds from all parties in the market, including retail investors, thinking that he is in this In terms of direction, it is relatively optimistic and there are not many positions.”

"In this way, the market trend of this line can ferment faster."

"Think carefully about the news that Fortune Road has appeared on the Dragon and Tiger List in the past two days. This capital... is really admirable. It's so smart."

"If my guess is correct..."

“Currently, wealth is on the line of ‘securities and venture capital’, and it is definitely a heavy position.”

"This time, not only retail investors will be tricked, but also the large institutions that make market orders in the fields of 'securities and venture capital' will also be mercilessly harvested by this capital."

"such a pity……"

Thinking of this, Fang Xinsheng couldn't help but sigh: "I only figured out these key points after the Dragon and Tiger List was revealed today. It's too late to do anything now."

"So... that's it!" Mou Zhengxing was shocked and finally understood.

"But Fortune Road...why on earth did it reduce its positions in the two main lines of 'mobile Internet' and 'smartphone industry chain' in advance and move into the field of 'securities and venture capital'?" Mou Zhengxing thought for a while, and thought again. More questions, "How could he predict in advance that the 'securities and venture capital' line will succeed the two main market lines of 'mobile Internet' and 'smartphone industry chain'?"

Fang Xinsheng pondered for a while and said, "This question... I haven't figured it out either!"

"Probably because of market rumors that the IPO will be restarted." While the two were talking, Liu Xin, general manager and founder of Xiniu Fund Company, walked into the trading room. "I said that the riots in securities and venture capital today were very strange. , after some inquiry, it turned out that...there is something fishy."

"Restarting the IPO?" Fang Xinsheng's face showed a look of surprise, "Where did Mr. Liu get the news?"

"It came from Yanjing." Liu Xin replied, "It's just that the current plan for 'IPO restart' is still under internal discussion. The specific conclusion has not been released, but the restart plan will most likely be implemented. , and... the news is clear, it should be very soon."

"No wonder, no wonder!" Fang Xinsheng sighed repeatedly.

I completely understand the idea of ​​changing positions in this series of Fortune Road.

"Let me tell you, why are the regulators' recent attitude towards the market so radical?" Fang Xinsheng said after thinking about it, "It turns out that this core logic has always been followed."

"The restart of IPOs is a big negative for the market!" Mou Zhengxing was a little shocked when he heard the news. "In addition to the securities and venture capital fields that directly benefit, other sectors of the market should be affected, especially market sentiment and In terms of confidence, it can be said to be a collapse.”

"The GEM will bear the brunt..."

"After all, after the suspension of IPOs, the stocks listed on the GEM have benefited the most. In the past year, due to the scarcity of these stocks and the restrictions on backdoor restructuring of the GEM, the valuation of these stocks has been higher than the overall market level. , if IPOs are restarted, this scarcity of GEM stocks will be gone.”

“And once this scarcity disappears, the overall valuation falls, coupled with the emotional hit.”

"I'm afraid that the GEM is going to plummet!"

"No wonder Fortune Road has reduced its positions and cut profits on a large scale when the two main lines of 'mobile Internet' and 'smartphone industry chain' were still making breakthroughs."

"It's really amazing that I can detect future changes in the market so far in advance."

"Isn't this person's market forecasting ability terrifying?"

"It's not that his prediction ability is terrible." Fang Xinsheng continued, "It's that this person's ability to capture and analyze market information is too strong. Coupled with his excellent market trading ability and speculation ability... in the financial trading market , it’s really a human-shaped money printing machine!”

"Mr. Liu..."

After Fang Xinsheng sighed with emotion, he turned to look at Mr. Liu: "'Venture capital and securities', the areas that will directly benefit from the IPO restart, have been speculated in advance. The bad news is regarded as good news, and the continuity of the market is unknown. Coupled with the lurking and inducement of the core force of Fortune Road, the height of the space is also unknown.”

"If we follow up on a large scale in this field, the risks are not small."

"Even if you are making profits now, I'm afraid in the end, exiting safely will be a problem."

"Then we will intervene in a small amount and the main positions will be gradually withdrawn in the following trading days to reduce the overall position of our fund!" Liu Xin ordered without any hesitation, "This kind of news-driven market, If we miss the opportunity, we won't have a good opportunity to intervene in heavy positions. I understand this. Since we really can't catch up with the performance of the 'Yuhang No. 1' fund, it's good to turn conservative and stay in second place. !”

He is actually very satisfied with the performance of this year's 'Manniu No. 1' fund.

Nowadays, the overall market situation is already at a turning point. Since you can't participate in the main trend, it is a good strategy to retreat in time and maintain the early profits.

After all, he really couldn't ask Fang Xinsheng to achieve results like Fortune Road.

Because truly talented investors in the market can only be encountered but not sought.

"Okay!" Fang Xinsheng responded, "My opinion is to intervene with a small position and lower the overall position level of our fund."

While everyone was talking, inside Yuhang Investment Company, in the trading room at this moment.

After checking the data of the Dragon and Tiger List, Li Meng saw that several institutions were listed on the list, and he was a little surprised: "These institutions' attacks today are more powerful than ours. This is... the news of the restart of the market IPO, almost Is it clear? That’s why you seem so eager.”

"It should be almost clear." Su Yu said, "Otherwise, the market would not be trending like this today."

"Fortunately, we adjusted our positions quickly." Li Meng said with emotion, "This has ignited the fire today... Many people should think that we do not have many positions in the fields of 'securities and venture capital', and the main positions are still 'moving' On the two main lines of the Internet' and the 'smartphone industry chain', right?"

Su Yu smiled and said: "That's very good. Let's buy more tomorrow. The more urgent we buy, the more urgent they will be."

After his seat was revealed today...

Su Yu estimated that as the core major institutions in the field of 'big finance' who had obtained inside information, they would definitely use his influence to do something. Even after judging that he had insufficient positions in the fields of 'securities and venture capital', He will continue this main line through a rapid pull-up to induce him to continue buying.

And coincidentally, Su Yu also wanted to use the funds of these major institutions to continue to pull the market and lift the sedan chair for himself.

Due to his early ambush and deliberate appearance on the Dragon and Tiger List yesterday and today, the main institutions who got inside information and were eager to pull the market and harvest would not realize at all... that they themselves were not the ones who really controlled the market and sat in the sedan chair. The most advantageous person is the bearer who carries the sedan chair for others.

"Are we still focusing on 'Oriental' stocks?" Li Meng asked.

Su Yu nodded and said: "Yes, this series of stocks not only closely follows the theme, the chips are relatively clean, but also can be linked to the stock 'Zhezhou Oriental'."

"Linked with Zhezhou Dongfang?" Li Meng didn't quite understand, "Didn't you ask us to deliberately avoid this check?"

Su Yu said with a smile: "In terms of holding positions, I deliberately avoid it, but in terms of operations, I can make full use of this check."

"Last time, after I met with Mr. Wu of Zhezhou Oriental Group, he expressed his demands, and I also gave him some advice. Looking at the trend of Zhezhou Oriental today, he should be prepared."

"He wants to cash out hundreds of millions more from the market and solve the cash flow dilemma of Zhezhou Oriental Group."

"Then we must take advantage of this round of good news to significantly increase Zhezhou Oriental's stock price."

"It is basically unrealistic for Zhezhou Oriental to achieve an increase of at least 50% based on the hazy hype in the market alone."

"So, I'm sure that there will be new big news about this check in the next two or three days."

"Thus further stimulating the stock price."

"The reason why we are speculating on 'Oriental' stocks is to let the funds from all walks of life follow the trend in the market and form a fixed impression. We will make full use of the favorable trend of 'Zhezhou Oriental' to release several other Oriental stocks that we dominate. , the stock price is speculated to be higher.”

"Originally, I expected that the trend of IPO restarting in the market would not start until early November."

“But I didn’t expect that the market would change and react faster than I expected.”

"Now that the news of the 'market IPO restart' is almost clear, then...this round of market prices is probably a trend that comes and goes quickly, and the continuity is not very strong."

"If this is the case, then we need to fully leverage and raise the height of the hype as high as possible."

"In this way, we can make more profits and have sufficient profit margin to face all emergencies and ensure that we can enter the market safely."

"I understand!" Li Meng said with a smile, "This should... be called leveraging strength to fight, right?"

Su Yu smiled, nodded, and said, "Absolutely."

In this market layout, many institutions that want to use the news of "IPO restart" to stimulate the "securities and venture capital" sector, hype the market, and compete for year-end performance rankings are the bearers; the retail investors who follow him are chasing the dragon and tiger list seats. He was the bearer of the sedan chair with the hot money; Wu Jinghao, who had been pointed out by him and wanted to take advantage of the good market situation and quickly raise the stock price to cash out, was also the bearer who made his wedding dress and carried the sedan chair for him.

Of course, Su Yu does not rule out that there are smart funds in the market who can see through his layout.

It's just that the market is driven by news, and the error tolerance rate and operation difficulty are extremely high. If he really has the funds to keep up with his pace and follow the trend without missing a beat, then he can only admire him.

The two discussed for a while, and then Su Yu checked the traders' review records in turn.

Later, when investors across the Internet were still discussing his position on the Dragon and Tiger List, he left work with Li Meng.

And at night...

It was just as Su Yu guessed.

Zhezhou Oriental announced favorable mergers and acquisitions, merging Wu Jinghao's privately held venture capital company into a listed company, and announced that the venture capital company to be merged currently invests in five companies, which are in the process of In the listing queue, if the IPO market had not been suspended, according to the original listing progress, these five companies would have already been listed.

This good news from Zhezhou Oriental is not easy to understand for the majority of retail investors in the market.

But for those major funds who already know the inside information and know that the IPO market is about to restart, when they see the good news from Zhezhou Oriental, they instantly become excited and excited like a cat smelling fishy smell, and plan to start trading as soon as the market opens tomorrow morning. Crazy rush to raise funds for this stock.

And this stock has a circulation of more than 7 billion, which is also suitable for the entry and exit of large funds.

At the moment when Zhezhou Oriental Group announced good news and aroused heated discussion in the market, an extremely fierce debate also broke out in the main hot money group of Yuhang where Su Yu was located.

One party believes that the core of the market is still on the GEM.

Because only the emerging economic fields of GEM, that is, the fields of 'mobile Internet' and 'smartphone industry chain', have sufficient future expectations and imagination space, can generate sustained speculation, and can lead the market to take a new step out of the A bull market through and through.

The other side believes that the GEM index deviates too much from the Shanghai Index and its average valuation is more than double that of the main board.

Even if there is room for future expectations and imagination, it will be difficult to rise again when valuations and expectations are significantly overdrawn.

Therefore, under this kind of logical thinking, huge differences have arisen as to whether the "securities and venture capital" fields that have exploded today are sustainable and have the value of hype and follow-up.

Of course, in this kind of debate, there are also many group friends @Su Yu who want to hear his opinion.

Su Yu knew that his current influence was very inducing, and he could no longer speak casually, so he didn't see it and silently watched the quarrel among the people.

And amid this huge divergence of emotions, the next day, Friday, September 19, came.

There was no obvious positive or negative impact on the market. Therefore, purely due to the fermentation and continuation of yesterday's sentiment, at 9:15, the two cities ushered in call auctions.

I saw that sectors related to the concept of "securities and venture capital" continued to open higher today despite the sharp rise yesterday.

The GEM refers to related weighted concept sectors, concepts related to 'mobile Internet' and 'smartphone industry chain', and opened slightly lower.

The concept of "restructuring and backdooring" has opened lower today despite the sharp drop yesterday.

Other "Shanghai Free Trade Zone" concepts, "oversold rebound" concepts, "super brand" concepts, "core value blue chips" concepts, etc., all maintain a flat opening trend, or open slightly higher.

As for the core popular stocks in these concepts...

Xinwei Group opened lower by 4.35%, Huaqingbao opened lower by 1.12%, Changqu Technology opened lower by 0.89%, Shanghai Sanmao opened lower by 0.32%, Zhezhou Oriental hit the daily limit, with more than 300,000 orders closed, and Oriental Securities opened higher It opened 4.11% higher, Oriental Ventures opened 3.75% higher, Shibei High-tech opened 1.48% higher, Huaxin Securities opened 0.56% higher, and Huatong Securities opened 0.69% higher.

Overall, the market continued yesterday's market trend during the initial collective bidding situation.

Mainline concepts such as ‘mobile Internet’, ‘smartphone industry chain’, and ‘restructuring and backdooring’ have been clearly abandoned by major funds, while the emerging concepts of ‘securities and venture capital’ have attracted many major funds to raise funds.

"Zhezhou Dongfang is rising by the daily limit. This is unscientific!"

Seeing the initial collective bidding situation in the two cities, Yuhang and Jingda Investment’s fund manager Lin Tingzong couldn’t help but frowned and complained: “The chairman controls the company and then sells it to a listed company he controls at a high price, and he doesn’t What is a particularly high-quality asset and what kind of benefits is it? Can it be worth a daily limit of 1.5 billion?"