Rebirth of the investment era

Liu Ziliang chuckled and said: "Since the market trend has given an opportunity to the overall market change, we should also let the funds of the 'Yu Hang Group' experience what it means to be perfectly short."

"Mr. Liu means..." Chen Shen pondered for a moment and responded, "We need to guide the market and make breakthroughs in the direction of 'growth stocks' on the small and medium-sized boards and GEM, so as to avoid the big companies with heavy positions in the 'Yu Hang Group' In the early main areas such as infrastructure construction and military industry, we should take the initiative in market conditions into our own hands?"

Liu Ziliang nodded slightly and asked: "Do you think that relying on the current changes in market conditions and changes in the direction of active capital flows, we will start from this aspect and formulate relevant trading strategies, focusing on the 'growth stocks' line of small and medium-sized boards and GEM. Avoid the main line areas where the 'Yu Hang Group' is heavily stocked, guide the market's main line trends, and develop in-depth towards the 'growth stocks' line area. What is the probability of success?"

Chen Shen thought for a while and replied: "From the perspective of hype logic and expectation logic, the line of 'growth stocks' is obviously inferior to the early main lines such as 'infrastructure', 'military industry', and 'Internet finance', but Judging from the current market hype sentiment and the following effect of various funds, the "growth stocks" line stimulated by the "film and television media" line of speculation is significantly stronger than "infrastructure", "military industry", and "internet" Finance' and other early-stage main fields."

"If we can guide in a timely manner and continue the hype in this direction, we can maximize the market's speculation space with the help of the 'film and television media', which has major positive stimulation, so as to deeply introduce active funds in the market into 'growth'." This line is not impossible."

"certainly……"

Chen Shen paused for a moment, then continued: "If we want to change the market trend and completely form a situation dominated by the direction of 'growth stocks' on the small and medium-sized boards and the GEM board, the most important thing is that we still need a huge amount of continuous incremental funds. , we must continue to guide in this direction, continue to expand and diversify the sustained money-making effect in this direction, and ultimately allow the entire market investor group to form a consensus of expectations in this direction.”

“It’s just like the explosion of the two main lines of ‘mobile Internet’ and ‘smartphone industry chain’ last year.”

“Only when the sustained money-making effect and the unanimous consensus of expectations work together can the height of a mainline market be truly opened up and the market complete the transformation of investment styles.”

"my suggestion is……"

Chen Shen thought about it carefully and said quite cautiously: "If Mr. Liu insists on making a large-scale layout in this direction, guide the market investment style to fully change to the direction of small and medium-sized boards and GEM, seize the liquidity of active funds in the market, and suppress" Yuhang Group's funds hold positions in early popular main areas such as "infrastructure", "military industry", and "Internet finance". It is best to unite several similar institutions with strong capital and work together to achieve greater success. odds of winning.”

"After all, we need to continue to guide the market so that the majority of investors will form more consistent expectations in this direction."

“The amount of capital that needs to be invested is definitely not enough.”

"With this level of trading action, our agency alone may not be able to truly move the market and change the market style."

“Also, introducing other institutions to invest in this area can also share our investment risks.”

“At the same time, consistent benefit expectations can also be formed.”

After hearing Chen Shen's analysis, Liu Ziliang thought about it carefully for a while and felt that it made sense. Indeed, with the financial strength of their "Pingyin Asset Management" alone, if they want to use the emotional flames of "Film and Television Media" to leverage the market, Copying the actions of the 'Yu Hang Group' on the main line of 'big infrastructure' in April and May, driving the market to complete the shift in investment style, is still quite stressful. However, if we cooperate with other institutions to act synchronously in a timely manner, the pressure will be much less .

"Tomorrow, Wednesday, there will be an offline investment strategy meeting in the industry in Magic City." After thinking about it, Liu Ziliang said, "At that time, I will communicate with the CEO of 'E Fund', the CEO of 'Huarui Public Fund', etc. Let’s take a look and see if we can cooperate in this regard.”

"Can they... agree?" Chen Shen asked, "After all, this matter is quite sensitive."

Liu Ziliang chuckled and said: "The funds of the 'Yu Hang Group' have been too aggressive in the market recently. They want to get a hand in core hot stock chips, and they have taken heavy positions in the core and main lines of high-quality stocks from the beginning. Stock chips are just waiting for everyone to support them, how can anything be so cheap in the world?"

“Currently, many people in the industry are dissatisfied with the trading practices of the ‘Yu Hang Group’ funds in the market.”

"Moreover, I don't know whether the regulators are deliberately conniving or the current market supervision style. That's it. Anyway... everyone is really helpless towards this institution at the moment."

"Previously, in the entire market, only the main line areas of 'Infrastructure', 'Military Industry' and 'Internet Finance', which were heavily invested by the 'Yuhang System', had relatively consistent market expectations. With the follow-up sentiment of the majority of investor groups, the market was forced to Everyone has to move the market in these directions, and is forced to support the funds of the 'Yu Hang Group'."

"but now……"

"The 'film and television media' line has exploded across the board, and the active funds in the entire market are showing signs of consistent transfer and flow in the direction of 'growth stocks' on the small and medium-sized boards and GEM."

“In other words, in addition to the core main lines of ‘infrastructure’, ‘military industry’ and ‘Internet finance’, the market also has certain expectations and speculation logic in other main lines.”

"In this case, as long as someone is willing to take the lead in igniting the market and guiding the market in this direction."

"In the entire industry, the main financial groups who are dissatisfied with the funds of the 'Yu Hang Department', or who are unwilling to support the 'Yu Hang Department' funds, will naturally follow the trend of our ignition and abandon it. Get rid of the early main areas such as 'infrastructure', 'military industry', and 'Internet finance' where the 'Yu Hang Group' occupies the active control position."

"Under these various factors..."

"As long as the CEO of 'E Fund' and the CEO of Huarui Public Equity Fund are not stupid, they should know how to choose."

"Now, the most important thing..."

Liu Ziliang stared closely at the two markets that were about to open, and finally said in a deep voice: "It is still necessary to maintain the market's strong state in the direction of 'growth stocks' on the small and medium-sized boards and GEM. On the one hand, it will create a money-making effect in this direction, and on the other hand, it will It also attracted a number of short-lived active funds that were chasing popular main areas such as 'infrastructure', 'military industry', and 'Internet finance' in the early stage. They abandoned these popular main areas in the early stage and followed the trend into the small and medium-sized board, GEM and 'growth stocks' lines. OK."

"Yeah!" Chen Shen nodded, "The 'Film and Television Media' line is still very hyped at the moment, and with the support of the 'Fortune Road' itself, there shouldn't be any need for guidance for the time being. If we want to increase the intensity The market trend is shifting towards the small and medium-sized boards and the GEM. The key to guiding the direction is to focus on hot topics that have high market attention and can quickly gather popularity, such as Internet Speed ​​Technology, Inspur Information, Changqu Technology, Huaguo Software... High-quality 'growth stocks' can only make money on the market."

Liu Ziliang nodded and responded: "Okay, then we will guide the market in this direction, increase the weight of our positions in the direction of the small and medium-sized board and GEM, and at the same time buy Wangsu Technology, Inspur Information, Changqu Technology, and Huaguo Software ... etc. The bargaining chips of a number of popular high-quality 'growth stocks' have further stimulated the market's sentiment of speculation and following the trend in this direction."

"besides……"

Liu Ziliang thought for a while and continued: "While we increase the weight of our positions in the direction of the small and medium-sized board and the GEM board, we also sell appropriately. We were previously forced to invest in several major early stage projects such as 'infrastructure', 'military industry', and 'internet finance'." The increased bargaining chips on the core main line will suppress the trend of heavily held stocks related to the 'Yu Hang Group', allowing investors who are hesitant in the market to see that the overall trend of the market is towards the 'growth stocks' of the small and medium-sized board and GEM. The fact that the field has shifted.”

"Understood!" Chen Shen nodded.

Then, take advantage of the last two minutes before the official opening to step up and speed up the arrangement of trading tasks.

Then, immediately after, the time quickly slid to 9:30. With the vast investor groups of the two cities paying close attention, the stagnant market began to beat again.

I saw only five minutes of market sentiment brewing and private discussions among many investors.

As soon as the market opened, the market trend further diverged.

First of all, in the entire 'film and television media' sector, a number of 'film and television'-related main business concept stocks have been further sought after and speculated by active funds in the entire market. In addition to the six concept stocks with new positions in 'Fortune Road' The daily limits were sealed one after another in a flash, and other related concept stocks such as Wasu Media, Phoenix Media, Boshi Media, Shengda Media, Zhejiang Shu Culture... also surged in volume and hit the daily limits one after another.

Secondly, the hot money-making effect created by "film and television media" and the strong hype sentiment instantly spread and overflowed to the entire small and medium-sized board, GEM small and medium-sized concept stocks, and the so-called small and medium-sized "growth stocks" fields, causing Internet software development , Internet software applications, mobile games, smart phone industry chain... and many other industry sectors and concept sector indexes rose rapidly, and their related core concept stocks also exploded in volume instantly, showing extremely strong buying volume. and money-making effects.

Then, due to the active funds on the market and the new incremental funds outside the market, they converged on a large scale in the market's small and medium-cap concept stocks, which directly led to the early popular main line sectors such as 'infrastructure', 'military industry', and 'Internet finance'. It weakened instantly, and there was a large amount of active selling on the relevant core stocks.

Again, due to this style switch and active money flow.

After a number of early popular main line sectors such as 'infrastructure', 'military industry', and 'Internet finance' became weak net outflows of funds in the market, the signs of a weak market pattern in Shanghai and a strong Shenzhen have become increasingly obvious.

At 9:33, it was only three minutes before the official opening.

Under this relatively divergent trend, as the small and medium-sized board index and the ChiNext Index rose rapidly to 5%, the Shanghai Stock Exchange Index was still lingering on the same spot.

At 9:35, the gap in gains between the Shanghai Stock Exchange Index and the ChiNext Index officially widened to more than 1%.

At 9:37, within the ‘film and television media’ industry sector, the daily limit of individual stocks reached around 15, and the industry sector index rose by more than 5%.

At 9:40, the growth rates of the two major indexes, the Small and Medium Enterprise Board and the Growth Enterprise Market, further surged to 7%.

At 9:42, Wangsu Technology, a core component of the GEM, surged straight up, hitting the daily limit, and the stock price returned to the 70 yuan mark, once again stimulating speculation in the field of small and medium-cap concept stocks in the two cities.

At 9:45, the gap between the Shanghai Stock Exchange Index and the Growth Enterprise Market Index widened to about 2%, and the gap between the Shanghai Stock Exchange Index and the Shenzhen Stock Exchange Index also widened to 1%.

At 9:48, with the speculation in small and medium-cap concept stocks in the two cities extremely heated up, the core main areas such as 'infrastructure', 'military industry', and 'Internet finance' have attracted and accumulated huge amounts of funds in the early stage. , a large number of active selling emerged on related core concept stocks.

At 9:50, MCC, a core stock in the 'infrastructure' field, showed a trend of falling instead of rising under the continuous breakthrough trend of major market indexes. The amount of funds on the market also showed a continuous net outflow. After opening slightly higher at the beginning of the session, it has fallen all the way to a drop of nearly 2% below water.

At 9:53, following China Metallurgical Corporation, Hangfa Technology, a check in the 'military industry' field, also saw a relatively concentrated sell-off, bucking the trend and falling into the water.

At 9:55, a number of core popular leading concept stocks such as Shanghai Construction Engineering, Beijiang Communications Construction, Hongdu Aviation, and Jinzheng Shares, which were strong in the early stage and set a continuous trend, all showed great shock trends, and the market was selling. Rapidly increasing, the strong form is gone forever.

At 9:58, Beijiang Communications Construction showed a linear diving trend, and the market decline expanded to about 5%.

At 10:01, when the market trading time was barely half an hour, the concept sectors and industry sectors related to the core main lines of 'infrastructure', 'military industry', and 'Internet finance', such as building decoration, building materials, and real estate , steel, military industry, military-civilian integration, mobile payment, financial technology, state-owned enterprises, reform and reorganization of central enterprises, Shanghai Free Trade Zone... and other concept and industry sector indexes have all turned green, and in the entire field, the net outflow of main funds has reached 3 billion level.

At 10:05, with the trend of popular main lines in the early stage and the market trend changing significantly, the Shanghai Stock Index hovered around the 2300 point mark and fluctuated for half an hour before finally falling below it again.

"Hey, why is it so difficult to get above 2,300 points on the Shanghai Stock Exchange Index?"

Seeing that the Shanghai Stock Exchange hesitated for half an hour, it finally failed to stand firm at 2300 points. At 10:07, inside Yuhang, Anzhao Fund Company, in the main fund trading room, Zhou Hui stared at the real-time changes in the two markets, and her heart I couldn't help but feel depressed: "Both the Shenzhen Stock Exchange Index and the ChiNext Index are soaring, but the Shanghai Stock Exchange Index is still motionless. Mr. Qin... the market trend today seems a little weird!"