Rebirth of the investment era

At the same time, regarding the share of the main fund products of the ‘Yu Hang Series’.

Its transfer price in the over-the-counter market has also risen. At this time, it has reached a premium of 80% compared to the last time the main fund products of the 'Yuhang Series' announced their net value. Moreover, it is still priceless but not marketable, which makes domestic asset management The industry and the entire fund investment circle are extremely shocked.

"Is it really crazy? It has been less than 3 months since the last round of the 'Yuhang series' main fund products announced their net values, and in these three months, the Shanghai stock index rose by only about 23%. In the over-the-counter market, the share transfer prices of several major fund products of the 'Yu Hang Series' can actually reach a premium of 80%!"

After hearing about the exaggerated premium transfer prices for the shares of the main fund products of the 'Yu Hang Group' in the over-the-counter market, some fund managers in many internal fund investment groups couldn't help but sigh.

"Hey, the key is that there is a price but no market. Even if the premium reaches 80%, there will be very few people selling it."

"It is extremely difficult for a fund product with a scale of hundreds of billions to continue to outperform the market index, let alone an 80% performance growth rate in three months. According to the OTC market, about 'Yu Hang' The premium transfer price of the 'main fund product shares' should already far exceed the current net value performance of the 'Yuhang series' fund products, right?"

"No one knows the current net value performance of the main fund products of the 'Yu Hang Series' except for their company insiders. But think about it, it is impossible to increase by 80% compared to the last time."

"A net worth growth of about 40% at most would be outrageous."

“I don’t know what the psychology of these bosses who are grabbing shares of the main fund products of the ‘Yu Hang Series’ at high prices in the over-the-counter market is?”

"Make money, even if the current actual net value performance of several main fund products of the 'Yu Hang Series' is only about 40% higher than the last time the net value was announced, use the premium of more than 30% to buy the 'Yu Hang Series' 'The share of the main fund products, in fact, does not suffer too much loss. According to the historical net value performance of the main fund products of the 'Yuhang Series', if you take it for a period of time, you will definitely make money."

"It's impossible for numbers to rise to the sky. Fund products with a scale of less than 100 billion and fund products with a scale of more than 100 billion are completely different in terms of trading ideas and net worth expression. I don't believe in the 'Yu Hang System' 'Several major fund products, with such a huge scale, can far exceed the performance of market indexes, resulting in sustained and rapid growth in performance."

"I don't believe it either, but every time I don't believe it, every time when the results of several major fund products of the 'Yu Hang Series' are announced, I get slapped in the face!"

"Anyway, if you ask me to pay a premium of more than 30% to buy a share of the main fund product of the 'Yu Hang Series', I will never do it. With this money... can't I buy it myself on the secondary market?"

"Hey, if you buy it yourself on the secondary market, it's better to leave the money to Mr. Su from the 'Yu Hang Department'."

"Whether it is a high-level acquisition or not, we will know at the end of the year when several major fund products of the 'Yuhang Series' announce their market net values."

"According to the position adjustment movements of the main funds of the 'Yu Hang Series' in the market in recent trading days, the performance of several main fund products of the 'Yu Hang Series' at the end of the year should be basically tied to the securities sector."

"It cannot be said that the previous positions of the 'Yu Hang Group' funds in the main fields of 'infrastructure' and 'military industry' were very low-cost, and no one knew at what stage this main fund was. , to reduce positions in core main lines such as 'infrastructure' and 'military industry'. Although the early popular main lines such as 'infrastructure' and 'military industry' have been in a sideways trend for more than a month, they have not continued to surge as in the previous period. Breakthrough, but the trend of many core stocks is not weak, and it can also contribute a lot of profits to the 'Yu Hang Group' funds."

"In fact, the funds of the 'Yu Hang Group' are not only powerful in analyzing and judging the main market trends, but the most shocking thing is the huge follow-up market that this capital group can guide."

"That's right, although the 'Yu Hang Series' funds only have a volume of 100 billion, this fund has made a full-scale attack on the market, and it can attract a huge amount of follow-up orders, but it can obviously support the short-term continuation of a core main line. The rise has attracted hundreds of billions of strong follow-up orders to support this stock. This is the most terrifying thing.”

“The ‘Yuhang Department’’s capital’s ability to guide the market is really stronger than the ‘National Team’!”

"There is no way. Under the guidance of emotions and expectations, everyone is converging on the main areas with obvious money-making effects. This fund is extremely good at grasping changes in market trends, and is also very good at using its seat influence to unite the market. Emotions and hype, it is normal to have such an ability to guide the market and have the influence of following the market.”

"The current main fund product of the 'Yu Hang Series' should be regarded as the only one among domestic private equity fund products, right?"

"Isn't that right? In other private equity fund companies' fund sales departments, their employees are begging customers for investment and trying their best to get business. Only in their company's fund sales department, customers are begging salespeople to get the next step. It supports the internal subscription quota of fund products.”

"In the past year or so, the main fund products of the 'Yuhang Series' have created countless millionaires?"

"I have to say that the wealth-making ability of this institution, 'Yuhang Investment', is unique."

"According to the development of the institution 'Yuhang Investment', in the past two years, this institution has already made more than 50 billion in profits from the secondary market, right?"

"is not that right?"

"In nearly two years, we have achieved an investment profit of 50 billion yuan. This profit volume is comparable to that of giant companies in major domestic industries."

"There are not many domestic companies with annual profits of more than 20 billion, right?"

"If the scope is limited to private enterprises, there will not be 10 companies with annual net profits of more than 20 billion."

"The profit-making ability of a 'Yuhang Investment' company is equivalent to that of a giant company with a market value of hundreds of billions. It's really scary to think about it."

"The key is this growth rate. No one can imagine it, right?"

"More importantly, isn't it even more terrifying to be able to achieve such performance in a market like A-shares?"

"In any case, Mr. Su from the 'Yu Hang Group' is already the undisputed 'Big Brother' figure in the domestic private equity investment community."

"I'm so envious. I wonder how Mr. Su judges the market and invests?"

"It only shows that Mr. Su's personal ability is too strong."

"The growth rate and scale of the Yuhang Investment Company, as well as Mr. Su's performance in the market in the past two years, can only be classified as a market miracle."

“Isn’t the birth of a legendary figure a miracle?”

"In two years, the asset management scale has grown from zero to hundreds of billions. In the follow-up... I really don't know where the limit of Mr. Su will be?"

"As long as the net value performance of the main fund products of the 'Yuhang Series' can continue the miracle of rapid growth, then the asset management scale of the 'Yuhang Investment' institution will definitely continue to grow on a large scale in the future, reaching 200 billion, 3000 100 million, 400 billion scale... I'm afraid it's no longer a problem."

“Have any domestic private equity companies focused on secondary market investment had an asset management scale of 100 billion before?”

"As far as I know, no."

“With an asset management scale of hundreds of billions, let alone previous private equity funds, even the vast majority of domestic public equity institutions do not have this scale of asset management.”

“Even so far, in the domestic public fund industry, there are only less than 15 companies with an asset management scale of more than 100 billion!

"Look at it this way... Mr. Su has not only created a legend, but he is also constantly refreshing his own legend!"

In the internal groups where many asset managers gathered in the major asset management industries, various news about the main fund products of the 'Yuhang Series', the institution 'Yuhang Investment', and about Su Yu were fermented rapidly and were heatedly discussed by everyone. occasion.

Across the country, in major internal investment groups.

Especially in the internal investment group where large investors gather...

Even if the share of the main fund products of the 'Yu Hang Series', the general price of over-the-counter premium transfers has risen to the 80% premium standard based on the last net worth, many large investors with financial strength and investment strength are still It is undertaken actively and enthusiastically.

As long as investors in a certain group who hold shares of the main fund products of the 'Yu Hang Series' express their willingness to transfer their shares and cash out at this moment.

Then, it will attract at least ten buyers in an instant.

Regardless of the situation in the world, as long as there is news about the share transfer of the main fund products of the 'Yuhang Series', whether it is the two main fund products with the most investment value, 'Yuhang No. 1' and 'Yuhang No. 2', or today's Investors who are willing to take on the 'Yuhang No. 3' and 'Yuhang No. 4' fund products that were only established this year will rush to sign the sales contract immediately.

In short, the investment atmosphere and hype atmosphere in the domestic secondary market are heading towards an extremely hot moment.

In the over-the-counter market, the investment atmosphere and hype surrounding the main fund product shares of the ‘Yu Hang Series’ have also entered an extremely hot stage.

Countless people, countless investor groups.

Regardless of whether they have previous investment experience or not, regardless of whether they have sufficient understanding of the financial trading market before, under the extreme money-making effect of the market, they are all holding the funds in their hands crazily, without hesitation, in the face of emotions and the bewitchment of friends and colleagues around them. Next, participate in market transactions.

At the same time, there is no clear positive news on the market.

Under the influence of high emotions, everyone can find various benefits from various angles.

At this time, under the extreme bullish sentiment, the vast majority of investors, whether they are institutions, hot money, large investors, or retail investors, basically subconsciously only see the good news and obviously ignore the bad news.

Of course, at this time, there was no bad news in the market.

On the contrary, in a state of extremely hot market investment sentiment, major financial media, investment information websites, as well as analysts and investment consultants from major financial institutions, as well as a large number of market stock commentators and financial influencers... Still adding fuel to the fire, the market is bullish.

Such internal and external emotions assist, as well as the evolution of investment confidence.

Even during the lunch break, there was no clear positive news in the market.

But at 1 o'clock in the afternoon, the two cities ushered in the official continuous bidding transaction time again, and the entire market still saw a concentrated explosive increase in volume.

At 1:01, just one minute after the market opened, the securities sector index jumped to the 4% intraday increase mark.

At the same time, the stock of Huaxin Securities instantly attracted more than 300 million in funds, and the stock price showed a straight upward trend, reaching a 7% increase in the day.

At 1:02, the Internet financial sector also went into a full-scale linear riot, and "Oriental Fortune" rose by more than 5% during the day.

At 1:03, stocks in the main line of "technological growth" such as LeTV, Internet Speed ​​Technology, Enlight Media... also faced concentrated attacks from a large number of financial groups, and their stock prices further rose.

At 1:04, the Shanghai Stock Exchange Index reached the 2% increase mark, once again setting a new intraday high and a new yearly high.

At 1:05, ‘Fushun Special Steel’ hit the daily limit and sealed the daily limit.

At 1:06, in just 6 minutes, the transaction volume of the two cities surged by 20 billion.

At 1:07, the Shanghai Stock Exchange, Shenzhen Stock Exchange Index, and ChiNext Index all reached the 2% intraday increase mark, while the Small and Medium Enterprises Index rose by 93%, and the A50 Index soared by about 5%.

At 1:08, all the stocks of 'Huace Film and Television, Guangdong Media, Phoenix Media, Huaxin.com, People's Daily Online...' all moved together and rose straight up. Among them, the two stocks of 'Huace Film and Television, Guangdong Media', directly It rushed upward towards the daily limit.

At 1:09, the liquor sector and white goods sector also followed suit, and core stocks rose accordingly.

At 1:10, the daily limit of individual stocks in the two cities reached 75, and the trend of daily limit of 100 stocks was vaguely staged again.

At 1:15, the trading volume of the two cities exceeded 400 billion, which was nearly 20 billion higher than the daily limit of the securities sector last week, the day with the highest intraday trading volume. During the same time period, the trading volume was nearly 20 billion higher.

At 1:20, "Huaxin Securities" hit the highest intraday increase of 8%, and the intraday turnover reached the 5 billion mark.

At 1:25, ‘Huashang Securities’ was the first to hit the daily limit, and the intraday trading volume reached the 4 billion mark.

At 1:30, 'Huashang Securities' successfully sealed the daily limit with a volume of 1 billion in 5 minutes, and increased the sector index of the entire securities to a further 5% increase mark, resulting in a situation within the sector, except for Except for the suspended securities stocks, none of the other securities stocks had an intraday increase of less than 2%.

At 1:35, the number of stocks in the two cities exceeded the daily limit, exceeding 90, just one step away from the daily limit of 100 stocks.

At 1:40, the intraday trading volume of "Huaxin Securities" exceeded the 6 billion mark, and it tried to hit the daily limit upwards, but for a while, due to the large divergence between the market highs, it failed.

At 1:45, ‘Huaxin Securities’ continued to approach the daily limit.

At 1:50, the check of 'Oriental Fortune', with the daily trading volume reaching nearly 3 billion, sealed the daily limit upwards, and continued to maintain the number one position in the market value of the GEM component stocks.

At 1:55, the stock of "Huaxin Securities" once again hit the daily limit. On the market, a series of main buyers and tens of thousands of large orders were desperately sweeping up the stalls and pending orders.

At 1:56, the stock price of "Huaxin Securities" hit the daily limit, and the intraday turnover quickly exploded to around 7.5 billion.

At 1:57, ‘Huaxin Securities’ closed the daily limit under the extremely strong blockade of about 200,000 consecutive main buying funds that completely blocked the buying channel. The intraday trading volume exploded to the 8.1 billion mark.

At 1:58, the check from 'Huaxin Securities' completely sealed the daily limit, and the intraday trading volume reached 7.5 billion, setting a new annual high for the daily trading volume of individual stocks in the market. At the same time, its stock price also hit a new annual high, increasing the securities sector index. Brought to a 78% increase position.

And with the explosive volume of "Huaxin Securities" reaching more than 8 billion, it has reached a tyrannical daily limit trend.

At 2:01, other securities stocks in the securities sector also began to hit the daily limit.

However, the intensity this time is significantly greater than the two collective daily limit increases in the securities sector last week, and the divergence of funds on the market is obviously much greater.

At 2:05, the entire securities sector failed to go further after a concentrated surge in volume, and there was a certain divergence of heavy volume and sluggishness on the market.

At 2:10, the daily turnover of the entire securities sector reached the 67 billion mark, accounting for nearly one-seventh of the turnover of the two cities. The entire main line of 'big finance', including insurance, banking, and Internet finance. The total transaction volume is as high as more than 140 billion, accounting for nearly one-third of the entire market transaction volume.

This shows that the active capital flows within the market mainly flow into the main line of "big finance" at the extreme end.

In addition, the huge amount of incremental funds gathered outside the market to follow the trend, and the first choice for entry is still based on the main line of "big finance".

At 2:15, the daily limit of individual stocks in the two cities exceeded 110, reproducing the trend of daily limit of 100 stocks.

At 2:20, the Shanghai Stock Index rose 32% during the day.

At 2:25, after the extreme explosion in the two cities, due to the concentrated emergence of selling funds at the intraday high, the financial divergence increased, and the market began to slowly fluctuate and fall back.

At 2:30, the divergence of the market at the high level was further highlighted. As the volume was expanding, the market prices in the two cities fell further, and there was an obvious diving trend.

At 2:35, the Shanghai Composite Index fell back to about 2%. The price limit orders of "Huaxin Securities" dropped sharply, and the daily turnover quickly approached the 9 billion mark from more than 8 billion.

At 2:40, "Huaxin Securities" fell back, and the increase returned to between 8% and 9%. At the same time, the daily turnover reached about 9.3 billion, gradually approaching the 10 billion mark within the day.

At 2:45, "Huaxin Securities" continued to try to close the daily limit after a brief adjustment.

At 2:46, "Huaxin Securities" once again hit the daily limit, and a group of main buying funds worked together to cover it.

At 2:47, after the "Huaxin Securities" continued to hit 200 million in one minute, more than 200,000 orders appeared again, sealing the daily limit.

At 2:48, the intraday trading volume of ‘Huaxin Securities’ exceeded the 10 billion mark, blinding the eyes of investors within and outside the entire market.

2:50, after the 2:30 dive.

Due to the strong callback of "Huaxin Securities", the market's obviously declining sentiment and long-short differences dissipated, and the Shanghai Index resumed its upward counterattack.

At 2:55, the transaction volume between the two cities reached 8.8 billion.

Finally, when 3 o'clock in the afternoon came, the two cities ushered in the final closing time node.

I saw that the Shanghai Index was set at a 17% increase position, while the Shenzhen Stock Exchange Index and ChiNext Index could barely hold on to the 2% increase mark. The number of stocks in the two cities dropped from a maximum of 114 stocks to 93 stocks. In the end, it was still It was unable to maintain the daily limit of 100 stocks.

Among the core indexes, the A50 index actually performed better on the market.

Thanks to the continued strength of 'Big Finance' and the final closing of the daily limit by 'Huaxin Securities', there was no obvious downward trend, closing up 89%, far exceeding the Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index, GEM Index, and Small and Medium-sized Enterprises Index. increase.

Of course, this also illustrates today's market performance.

Its strongest market performance areas are still in the core blue-chip market dominated by A50, as well as weighted financial stocks, and there is no obvious convergence on small and medium-cap growth stocks with the core of "technological growth".

As for the performance of the core main lines of the market...

‘Big Finance’ naturally led the gains throughout the day and remained strong, and in the two cities’ turnover rankings, almost all of the top ten stocks were financial stocks.

The trend of the main line of ‘technological growth’ has taken a stronger turn than yesterday.

The "big consumption" main line sector mainly fluctuates with the index and still does not show an independent trend pattern.

The previously strong mainline sectors such as 'Infrastructure' and 'Military Industry', which had been relatively weak in the past, experienced a sharp rebound today driven by the price limit of 'Blue Stone Heavy Equipment', the leading stock in the two cities. , especially the 'military industry' industry sector index, has squeezed into the third place in the market industry sector index increase.

'Non-ferrous cycle', 'petrochemical industry', 'animal husbandry', 'agriculture'... and other relatively marginal main lines, after 2:30, fell back more obviously, and a number of core stocks in the internal field, the main capital outflow trend , it shows something, a bit like the weak will always be weak.

Overall, the two cities still show a 'bull market' trend pattern of continuous upward breakthroughs.

However, in terms of specific market trends, the strength and weakness of each main line is relatively obvious. Moreover, although there were certain market differences in the 'big financial' main line in the final period, it still refused to pull back and siphoned the market crazily. Continuous short squeeze by active capital groups.

Faced with such a market closing situation...

Inside and outside the market, the vast investor groups and major institutional groups are quite shocked.

Especially the dazzling daily turnover figure of 7.9 billion from ‘Huaxin Securities’ made everyone stunned and their hearts burning. (End of chapter)