Rebirth of the investment era

"Then Master agrees with the change in my trading strategy?" Liu Yuan responded happily after hearing Su Yu's praise. cistanche

Su Yu nodded slightly and said with a smile: "As long as it is a trading strategy that is beneficial to the operation of our company's fund products, why don't I agree?"

"But we essentially want to guide the market hype and investment sentiment to the main line of 'big infrastructure' on the main board, as well as other popular main lines in the early stage!" Wang Can still didn't quite understand, "And Mr. Su, you are in the market at noon. Those opinions and remarks published publicly have given the majority of investors in the market the impression that they are obviously optimistic about the main line of 'big infrastructure'?"

"Now we have gone back on our word, and with the help of the hype, we have instantly reduced our positions and stopped our profits on this line."

"Once the investor group following the market discovers our motives, then our company's reputation, as well as Mr. Su's personal reputation, and even the influence of our company's fund 'Fortune Road', an important trading seat, will be affected." A rapid reduction, if that’s the case... it would be self-destructive to the Great Wall.”

Hearing Wang Can's words, Zhu Tianyang and Zhao Lijun couldn't help but feel worried.

"Just avoid all the popular concept stocks in small and medium-caps that may be on the dragon and tiger list." Liu Yuan insisted, "We choose the core main line direction area that we dominate in the market at this time. The liquidity is relatively sufficient and the fluctuation range of the market is not too large. Violent, and the circulation is large, it is enough to completely avoid the key holding stocks on the Dragon and Tiger list. As long as the market is on the public trading list of the Dragon and Tiger list, we are in 'big infrastructure', 'military industry', and 'Internet finance' In the popular main line areas in the early stage, we still maintain continuous net buying actions without any trace of selling. In the eyes of the majority of investors who follow the trend of the market, our trading strategy has not changed much from the previous one."

"In short..."

Liu Yuan paused and continued: "While maintaining the same superficial trading strategy and public views of the market, we try our best to stop profits on some positions so that we can maintain an active position in the fund position."

"As long as we have trading seats, we will not take the initiative to appear on the market dragon and tiger list."

"As long as we don't reduce our positions too radically, don't make too much noise on the market, and don't make too much noise in the stocks that the majority of investors in the market already know are our heavy holdings of the 'Yu Hang Group', and don't concentrate on selling chips on a large scale, then... in our fund It is still in a fully closed operation and the position data has not been disclosed to the market. Whether it is a large number of retail investors following the trend in the market or other major institutional groups with intentions, it should be difficult for us to detect our actions of reducing positions and taking profits."

"Master, Mr. Li, everyone..."

After Liu Yuan said this, she stood up, turned her eyes, and looked around at everyone seriously, and then continued: "The market situation has changed so much. We want to change from passive to active and leave enough inducements for the future." If we can increase liquidity and further reduce our holding costs, this is the best way, and it is also the best time to make a move.”

"If the market speculation induced by Master's public announcement to the market and the willingness of funds to follow the trend weaken again, or the active capital groups in the market will once again be attacked and pulled by the main funds at this moment, the Shenzhen stock market's 'concept growth stocks' This major main line has completely attracted the past, resulting in the early popular main line areas such as 'big infrastructure', 'military industry', and 'Internet finance' on the main board. In particular, the corresponding core stocks in which we have heavy positions have once again lost liquidity, and the corresponding trading volume can If it keeps going down again..."

"Then if we want to make such a move again, it will be very, very difficult."

"After all, as soon as the trading volume on the market decreases, the buying orders following the trend will weaken. As long as we take the initiative to sell on the market, it will be easily discovered by other capital groups or some investors. Even if the order is large or small, it will be dispersed. Single selling, with limited liquidity, will have a great impact on the market trend."

"Well, I agree with Team Leader Liu's trading strategy suggestion." Hearing this, Zhang Guobing, who had been silent, finally spoke, "Our positions and investment strategy formulation are aimed at the long term, not the short term. Since the market index has a breakthrough opportunity, It has not yet arrived, and the market divergence is still huge, so there is nothing wrong with us temporarily reducing positions and taking profits, withdrawing funds, and then waiting for the opportunity."

"As for the vast group of retail investors in the market..."

"Although these investment groups are large in number, they are limited by information channels, investment horizons, and relevant trading knowledge. They tend to follow what others say and have a considerable herd mentality."

"Since we are the leading main funds in the market, we should put market trends and market guidance first."

"You should not pay too much attention to the emotions of these people and the short-term trend of these funds."

"As long as we can change the current passive position position into an active position in a timely manner and reduce some liquidity, when the hype and extreme follow-up effect of the 'concept growth stocks' line in the Shenzhen Stock Exchange has weakened, or the main board we dominate will In the main areas such as 'big infrastructure', 'military industry' and 'Internet finance', there are potential big benefits like the 'film and television media' sector."

"Then let's take advantage of our capital and aggressively pull the market upward."

"It is much easier than now to spend all your energy and energy to maintain the corresponding market and stick to the 2,300-point position of the Shanghai Stock Index, so as to differentiate the investment expectations of the "conceptual growth stocks" line in the Shenzhen stock market."

“At the same time, in order to prevent extreme risks of uncertainty in subsequent market trends.”

"With our current position level and the volume of positions in each main line, it is also necessary to reduce the profit-taking part of the position to reduce the extreme position risk we face when such a low probability of extreme risk occurs."

Although the so-called "black swan" event in the market is extremely unlikely, once it occurs, its destructive power to the financial market investor group is extremely shocking.

This is also the origin of the advice in the financial trading market, ‘Never be full’.

The current holdings of the main funds of the entire 'Yu Hang Group' continue to stimulate the market on the early popular main lines of 'big infrastructure', 'military industry' and 'Internet', which has divided the investment expectations in the field of 'conceptual growth stocks' in the Shenzhen stock market. , its overall position level has exceeded the so-called 85% limit position level, reaching a very dangerous passive position position in the face of extreme trends. cistanche

Therefore, Zhang Guobing believes that even if it is not for selling, there will be better motivation for subsequent buying.

At this position level of the fund, it should also appropriately lighten positions, stop profits, and withdraw funds to ensure the initiative in holding positions.

"Okay!" Su Yu listened to everyone's opinions, took a final look around the trading room, and gave the order with a smile, "According to what Team Leader Liu said, taking advantage of the current high market sentiment, the liquidity of each stock market is also relatively high. When sufficient, we will turn large orders into individual orders, try to avoid stocks that may appear on the Dragon and Tiger List, and reduce our fund's holdings of stocks with higher weights, large individual stock circulation, and relatively abundant market liquidity, so as to We will withdraw some cash and reduce the position levels of several of our main funds."

"Of course……"

Su Yu paused, then continued: "Pay attention to diversify the reduction of positions, and don't concentrate on placing orders to hit the market. Our purpose is to take advantage of the current good liquidity in the market to reduce the holdings of the corresponding stocks and withdraw funds, not to attack the market of the corresponding stocks. On the contrary ’s... While we are reducing our holdings of stocks with corresponding large-cap weights, we should also continue to maintain this direction by stimulating a number of popular concept stocks in small and medium-capitalization areas such as 'infrastructure', 'military industry', and 'Internet finance'. The speculation sentiment and market sentiment on the market have thus differentiated the consistent hype and investment expectations in the direction of 'conceptual growth stocks' in the Shenzhen stock market."

"Understood!" As Su Yu finished speaking, the trading team leaders and core traders in the trading room hurriedly responded.

Immediately, Su Yu's relevant trading instructions began to be quickly executed. cistanche

And as everyone executed the trading instructions, the market transactions...

The time-sharing trading volume of core weight stocks in the 'infrastructure' and 'military industry' fields such as MCC, Huaguo Construction, Huaguo Railway Construction, Huaguo Communications Construction, Gemdale Group, Hangfa Technology, and Hangfa Power... has begun. Increasingly, the trading situation has begun to become more and more intense. At the same time, Beijiang Communications Construction, Tianshan Cement, Shanghai Construction Engineering, Pudong Construction, Hongdu Aviation, Hengsheng Electronics... and other "infrastructure", Small and medium-cap concept stocks in the fields of military industry and Internet finance continue to maintain a strong state.

Overall, the trading orders issued by Su Yu had little impact on the real-time market trend.

Many investors, for a while, did not notice the abnormality in the market trends of core-weighted stocks in the early popular main areas such as 'infrastructure' and 'military industry'. They just felt that the market hype and investment sentiment were once again moving towards small and medium-sized boards, small and medium-sized boards, etc. With the GEM's "conceptual growth stocks" shifting in direction, it is normal for the selling volume of heavyweight stocks in these early popular main line fields to increase.

However, even if Su Yu issued a trading order, the impact on the market would have been minimized.

However, as the market trend continues to shift towards "conceptual growth stocks" on the Small and Medium-sized Board and GEM, and towards many small and medium-sized concept stocks, "infrastructure", "military industry" and other early popular main lines and related core weight stocks, The index trends of related industry sectors and concept sectors are still declining, and the amount of buying funds for corresponding individual stocks is also showing a declining trend.

At the same time, it is also due to the decline in the indexes of a number of concept sectors and industry sectors in the main line of "big infrastructure". cistanche

The Shanghai Stock Index also adjusted from its intraday high and gradually declined, completely losing the momentum to continue its upward attack.

"Look at this, the Shanghai stock index is still completely powerless!" Amidst the changes in market trends, at 2:15 pm, in the main fund trading room of Zexi Investment Company in Shanghai, Zhou Kan stared at the trading boards of the two cities. He sighed and said, "Boss, in the market, these two major 'gods' are fighting each other. I feel that Mr. Su from the 'Yu Hang Department' has almost exhausted all his cards, but the market trend is still heading towards the Shenzhen market." The line for growth stocks has shifted!"

After Xu Xiang listened to Zhou Kan's words, he smiled and said: "Although the market trend is still deviating towards the line of 'conceptual growth stocks' in the Shenzhen Stock Exchange, the main line of 'big infrastructure' led by the 'Yu Hang Group' is correspondingly The market attention and hype are still there.”

"Moreover, pay careful attention to the respective market trends of the two lines."

"'Infrastructure', 'Military Industry', and 'Internet' are the main areas in the early stage, and there are a lot of popular concept stocks and core weight stocks. Although the stock price trend is far worse than that of 'Apple Industry Chain', 'Film and Television Media', 'Internet Software',' There are a number of concept stocks in the main line of Internet applications such as Shenzhen Stock Market's concept growth stocks, but the effect of buying funds is not bad, and the change of hands is relatively sufficient."

“As for the ‘conceptual growth stocks’ lines in the Shenzhen Stock Exchange…”

Xu Xiang paused and continued: "It seems that the trend is extremely strong and the money-making effect is also very hot. However, through the market price of related core stocks, we can find that this is just the result of intentional funds and forced market induction. In essence, , it is not the spontaneous and consistent proactive behavior of the main capital groups of all parties, or even hot money, retail investors and other active follow-up capital groups caused by market sentiment."

"If the market is forced to pull the market due to insufficient expectations, once the market's hype in this direction dies out a little, all kinds of profit-making orders will come out in droves."

"As for the situation where the other party wants to forcefully pull the market and expand the money-making effect in this field."

“Through the high-frequency changes of hands by a large number of capital groups following the trend, during this strong shock stage, the transformation of the chip structure on the market was completed, and a large number of short-term profit-taking orders that were floating in the market were cleaned up, as well as various hold-up orders that were not firm in their holdings. , the difficulty is still quite huge.”

"What's more, the involvement of this fund today is too deep."

"With such deep involvement, the Dragon and Tiger lists of many popular stocks were revealed today, and these funds should not be able to escape."

"And once the other party's seats are exposed on the Dragon and Tiger list, and it completely shows a dominance, the follow-up effect of funds from these stocks will be greatly reduced."

"Generally speaking, the extreme market trend of the 'concept growth stocks' line in the Shenzhen Stock Exchange will obviously not last long."

"The majority of investors who are chasing this line at high levels today may not have a good selling point tomorrow, but will be in the direction of the main board... The Shanghai Stock Exchange Index has been oscillating at 2,300 points for so many days. The brewing of emotions and the adjustment of the chip structure have all It’s almost there, and the subsequent market trend in the direction of the main board is more worth looking forward to.”

After saying that, Xu Xiang turned his attention back to the trading boards of the two cities.

I saw many related popular stocks in the main line of Shenzhen Stock Exchange's "conceptual growth stocks" such as "Apple Industry Chain", "Film and Television Media", "Internet Software", "Internet Applications", etc., still maintained a strong market trend, but The time-sharing trading volume on the market has declined again.