Rebirth of the investment era

"Yinkou Port?" Mou Zhengxing was stunned when he heard Fang Xinsheng's words, and quickly turned his attention to this stock.

I saw that this stock has closed the daily limit under the influence of concentrated buying funds. At the same time, the volume and energy have expanded compared to yesterday. The accumulation of closing orders on the board is very fierce, which shows the strength and strength of this check seal. The hardness is very good, and it also shows that funds are optimistic about this stock.

And with the daily limit of ‘Yinkou Port’.

The "port shipping" sector of the market is also experiencing rapid growth and continues to rise.

Among them, a number of core stocks in the 'port shipping' sector, such as Shanghai-Hong Kong Group, Huayuan Shipping, Huaguo Ocean, Huayuan Shipping Holdings... and other stocks, also received a large amount of buying funds in an instant. Stock prices have risen one after another, driving the sector index to continue to break upward.

"What kind of logic is this?" Mou Zhengxing asked in surprise, "What logic does the check for 'Yinkou Port' follow? What is the reason for this change in 'Port Shipping'?"

"There seems to be no sign of shipping recovery. Many industry data show that the shipping cycle is far from the end."

"Is it the logical line of 'Shanghai Free Trade Zone'?"

"But under the logic line of 'Shanghai Free Trade Zone', other 'Free Trade Zone' concept stocks have no signs of movement at all, and the 'Shanghai Free Trade Zone' concept sector index has not moved much at the moment. This means that the logic of the financial attack should not be this, right?"

"It's obviously not the two expected logics of 'shipping recovery' and 'Shanghai Free Trade Zone'." Fang Xinsheng said with a smile when Mou Zhengxing was confused, "Pay attention to the stocks that are closely linked to the check of 'Yinkou Port'. You can I found that in addition to the core sector of 'port shipping', the others are mostly marginal stocks of the 'infrastructure' category in small and medium-sized caps, and the geographical attributes of the stocks also have their own characteristics... I guess that when funds make this check, they should follow the 'Asia' The general direction logic of the European Economic Belt' and the 'New Era Road and Maritime Silk Road'."

"Of course……"

Fang Xinsheng paused and continued: "The 'Yinkou Port' check can have a strong second consecutive victory. In addition to the logical expectations in this direction, there are probably other potential good news. However, due to the news channel, we are currently not aware of its potential. The good news is still unknown.”

"'Eurasian Economic Belt' and 'New Era Road, Maritime Silk Road'?" Mou Zhengxing was startled, thinking about the geographical location of the 'Yinkou Port' and the major policy directions in the past year or two, and responded, "Listening to what the manager said, it is indeed possible that market funds speculated on it. This is the logic of this line."

"I remember the manager said before..."

Mou Zhengxing thought for a while and continued: "In terms of the underlying core logic and future expected direction of the market's 'big infrastructure', the 'Eurasian Economic Belt' and the 'New Era Road, Maritime Silk Road' are also the major 'big infrastructure' Is it one of the underlying core logic and expectations of the mainline outbreak?"

"Looking at it this way, if the market conditions and the direction of funds follow the trend, if we go deeper into these two concepts, is it the 'pan-infrastructure' investment strategy you mentioned, manager?"

Fang Xinsheng nodded and responded: "That's more or less it. This is also why I think that the core sectors of 'infrastructure' and 'military industry' are unable to continue to break through the upward trend after short-term profit taking is too heavy. The market situation is inevitable." We will follow the original main line logic, carry out horizontal expansion and in-depth exploration of corresponding related themes, so as to carry out speculation and realize the most important judgment factor of market rotation."

"I understand!" Mou Zhengxing smiled, nodded, and whispered, "So, this is called the 'pan-infrastructure' investment strategy."

His previous focus has been on the two main core sectors of 'infrastructure' and 'military industry', as well as the line of 'technological growth'. He has always believed that the evolution and rotation of market conditions will play a role in the existing funds. On the premise that there is no essential change in the aspect, there must be constant switching between high and low in these main areas.

But I never thought about the horizontal expansion of the market, the superposition of main concepts and themes, and the in-depth investment expectations and logic.

This led him to completely ignore the port shipping sector where the 'Yinkou Port' is located.

"Manager, if the next trend of the market develops according to this logical line..." After careful reflection for a while, Mou Zhengxing added, "The market conditions in the two main areas of 'infrastructure' and 'military industry' should gradually diverge. Will it form a high-low switching and rotation effect trend within the main line market?"

Fang Xinsheng nodded and responded: "You are right, there is a high probability that it will develop like this."

"Then we have a position structure..." Mou Zhengxing asked, "Should we make some adjustments and gradually focus on the core concepts of the 'Eurasian Economic Belt', 'New Era Road, and Maritime Silk Road'? Stocks, make a small-scale adjustment to increase positions?"

Fang Xinsheng thought for a moment and said, "That's not necessary."

"Why?" Mou Zhengxing wondered.

Fang Xinsheng said: "We expect that the next market trend of the market will form this kind of internal conceptual theme superimposed hype, but there is still huge uncertainty about how the market will change specifically. At the same time, whether it is the 'Asia-European economy' The two major concepts of "Belt and Road", "New Era Road and Maritime Silk Road", as well as other concepts such as "reform and reorganization of central and state-owned enterprises", "free trade zones", and "securitization of military assets" that may receive funds for in-depth speculation, are all The underlying investment logic and future basic expectations surrounding the two main lines of 'infrastructure' and 'military industry' are developing and continuing to deepen."

"In other words, no matter what the next market is, which subject matter and concept will become the market hot spot for concentrated speculation of funds."

"The changes in the overall pattern of market conditions are still centered on the two main lines of 'infrastructure' and 'military industry.'"

"At the same time, when funds are hyping up these conceptual themes derived from the two main lines of 'infrastructure' and 'military industry,' they are also deepening the core investment logic expectations of the two main lines of 'infrastructure' and 'military industry.'"

"That is, in this position..."

"The market trend of the two main lines of 'infrastructure' and 'military industry', and even the upward trend, has not ended."

"In this way, since our main positions have been adjusted to the core stocks of the two main lines of 'infrastructure' and 'military industry', there is no need to adjust positions again when the expectations and market conditions of these two main lines have not responded. , do branch-line market speculation operations.”

"After all, the market is changing every moment, and opportunities are also changing every moment."

"The strategic responses and expected predictions we can make based on the market sometimes do not fully correspond to the actual trend changes in the market."

"The market speculation is based on the branch lines derived from the two main lines of 'infrastructure' and 'military industry.'"

"How long it can last and how high the market space will be, we cannot accurately predict at present."

"At the same time... within the two main lines of 'infrastructure' and 'military industry', a group of core weight stocks that currently need to deal with short-term profit-making issues actually also carry the 'Asia-Europe Economic Belt', 'New Era Road, Sea "Silk Road', 'Reform and Reorganization of Central and State-owned Enterprises', 'Free Trade Zone', 'Securitization of Military Assets' and a series of conceptual stories."

"Analysed from the perspective of capital, the market is centered on the two main lines of 'infrastructure' and 'military industry'. Horizontal expansion and vertical deepening are just high and low switching within the main line sector. Once the relatively low concept stocks outgrow the gains, Up, then the market breakthrough will definitely return to a number of core stocks that have shown signs of high adjustment. After all, under the entire "infrastructure" and "military industry" main line investment logic, the future expectations of these core stocks and The fundamentals, and even the expected factors in the direction of other conceptual stories, are still the best.”

"So, now that we know the market will eventually move forward, we will still go back to the stocks we hold as our main positions to make breakthroughs."

"At this time, there is no need for us to adjust positions and do this kind of short-term market speculation."

"As the saying goes, 'As long as the financial trading market continues to open for trading, the market will never lack trading opportunities.' At the same time, you must know... there is endless money in the financial trading market. We are choosing some opportunities. At the same time, naturally some opportunities must be given up.”

"Otherwise, in the end..."

"It's very likely that you picked up the sesame seeds and lost the watermelon."

"Okay!" After listening to Fang Xinsheng's analysis and understanding, Mou Zhengxing had some insights in his heart. After pondering for a moment, he nodded and said, "In that case, we will continue to maintain static positions and wait for the market to reach this position. After a short adjustment, it made an upward breakthrough again."

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

I can see that the overall oscillation pattern in the market trading at this time is already obvious. Whether it is the Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index, or ChiNext Index, they are all in a small-area oscillation trend where the time-sharing volume can be significantly attenuated.

In terms of market concept hot spots, following the explosion of 'port shipping' driven by 'Yinkou Port', industry sectors such as 'port shipping, machinery and equipment, public transportation, and high-speed rail' have begun to occupy the market's leading position.

The previous major infrastructure core industry sectors such as 'building decoration, building materials, real estate development, and steel', as well as the 'national defense and military industry' industry sector, have gradually withdrawn from the market's leading position, and the corresponding industry sector indexes have continued to rise. After the mid-to-high correction, they all fell into a situation of sideways fluctuations in the small range.

As for the concept section and the performance of concept themes.

A number of core concept sectors and conceptual themes that had previously performed strongly in the fields of 'infrastructure' and 'military industry' have also withdrawn from their leading positions at this moment, while 'Eurasian Economic Belt', 'Reform and Reorganization of Central and State-owned Enterprises', and 'On the Road to the New Era' , Maritime Silk Road' and other conceptual sectors with corresponding themes have crowded up one after another, becoming the conceptual sector leading the gains in the two cities.

"Boss, looking at the market trend, the core weighted sectors of the two main lines of 'infrastructure' and 'military industry' are clearly ebbing in terms of the amount of funds they can undertake, as well as the trend of sector indexes and corresponding stock prices!" 11:15 am In Yuhang, inside the Yuhang Investment Company, in the main fund trading room, Wang Can carefully observed the market. In the last 15 minutes before the market closed at noon, he reported to Su Yu, "Does this mean 'infrastructure construction'?" ' and 'military industry', the two main lines have to make adjustments again after their upward attack has been weak?"

Su Yu responded with a smile: "It is not an adjustment, but a further deepening and logical expansion of the main line market. In the entire main line areas of 'infrastructure' and 'military industry', strong stocks have maintained strong fluctuations, and weak stocks have expanded through in-depth expected logic. Raising valuations to catch up with strong stocks is a good thing for us."

"after all……"

Su Yu paused and continued: "Some expected logic has flaws, or the valuation of weak stocks whose fundamentals are not so solid will increase. The future expectations of strong stocks will also have a certain stimulation and improvement effect, which will strengthen the performance of strong stocks." After a short-term shock adjustment and clearing out the short-term profit chips, there is room for further growth."

"At the same time, the logic of the two main lines of 'infrastructure' and 'military industry' has further diverged and expanded."

"It will also further expand the money-making effect of the market, making the basic expected logic of these two main lines further solidified and deepened in the minds of investors."

"And when investors have a stronger and stronger sense of recognition of the main line logic."

"Then we are not afraid that there will be no additional funds to support the sedan in the future, and continue to stimulate the two main lines of market to continue to break through."

"In short, the market can rely on the underlying investment logic of the two main lines of 'military industry' and 'infrastructure' to deeply explore the hype directions of other related themes and concepts, and include more sectors and individual stocks into 'infrastructure' and 'military industry' Within the hype logic of the two main lines, this is what we hope to see.”

"At this time, you don't have to do anything."

After Su Yu analyzed the current market trend, he looked around at the traders in the trading room and emphasized: "Everyone just needs to hold positions statically and wait patiently. This is a high-low switch within the main line sector, and it is also a switch from 'Infrastructure "In the core sectors of "military industry" and "military industry", active funds from all walks of life have fled short-term profits. With the collective efforts, we do not need to deliberately interfere with the market rotation method chosen."

"Let these active capital groups dig out all the themes that the market can do, and further deepen and expand the money-making effect of the market. After that, after the logical lines of the themes are clear, the corresponding hot stocks in these hot areas of emerging markets will be temporarily filled in." After anticipation.”

"The final destination of these capital groups will still be to return to the core sectors of 'infrastructure' and 'military industry' to make concentrated breakthroughs."

"After all, the current hype logic followed by the entire market has never departed from the two core logics of 'recovery of large infrastructure' and 'securitization of military assets.'"

"Yeah!" All the traders in the trading room responded one after another.

Subsequently, while the market maintained an overall volatile trend, short-term speculation and the money-making effect of the market heated up again before closing at noon.

Finally, at 11:30, the market closes at noon.

The Shanghai Index is set at 79 points, which is basically unchanged from the opening; while the Shenzhen Stock Exchange Index and ChiNext Index remain in a slight decline. From the overall trend, they are also in a small-scale shock pattern.