The investment era of rebirth

"Yes!" Su Yu nodded with a smile and said, "Yes, light on the index and heavy on individual stocks. This is a clearer policy. Whether it is Guangda Securities' 'Oolong Market' incident or the so-called "Oolong Market" incident in the market,

Various other negative news, given that the current overall market valuation and index points have bottomed out, and investors’ expectations for the market outlook are already low, the negative impact is limited.”

"Therefore, the room for the market index to fall is not large no matter what aspect it is analyzed from."

"In this way, the main difference lies in the changes in local market conditions and individual stocks."

Everyone continued to discuss, and when the time reached 5:30 pm, the market list of dragons and tigers was announced. Only hot stocks were seen, such as Shanghai Stock Exchange, Shanghai Hong Kong Group, Shanghai Steel Union, etc. Hot money retreated a lot, basically every day.

For all the popular stocks on the list, funds are showing an outflow.

Data on the Dragon and Tiger List for each stock.

Regarding the "Shanghai Free Trade Zone" news that is still vague and half-hidden.

Everyone's discussion is still going on, but its enthusiasm is completely hidden under the discussion topic of "Guangda Securities Oolong Market", making it less eye-catching.

In the evening, as the China Securities Regulatory Commission’s investigation team updated its investigation results on Guangda Securities.

As rumors spread in the market, Guangda Securities was manipulating market conditions through short buying, short selling, and false orders even though it did not have that much capital.

Market public opinion was in an uproar, and the discussion about his incident exploded in a straight line.

Reaching unprecedented intensity.

Even in the discussion about this incident, many people have shouted out the call to rebuild market rules and start over, directly comparing this 'Oolong Market' incident to the '325 Treasury Bond Futures' incident in 1995.

Call it a dark page in domestic financial history.

In order to calm down the influence of public opinion on the market and the harm caused to market investors by this incident.

The next day, as public opinion about the incident continued to ferment.

Regulatory agencies, as well as Guangda Group’s senior management, after unanimous meetings and opinions, removed the executive president of Guangda Securities Company, the general manager of the investment and trading strategy department, and their relevant responsible persons from their positions. At the same time, the major securities firms’ docking with exchanges

The trading system has also issued documents for internal self-examination.

Moreover, in its internal decisions...

In order to save the real crisis of Guangda Securities, through the personal matchmaking of the chairman of Guangda Group, a large domestic bank provided a short-term loan of 3.5 billion to help Guangda Securities realize the actual settlement of funds in the transaction and complete the closed loop of the transaction.

chain to avoid direct credit bankruptcy.

On the third day, ‘Mingchuang Software Development Company’, a Guangda Securities trading software development company, was launched to take responsibility.

At this point, the "Oolong Market" incident caused by Guangda Securities began to be officially characterized as "internal trading software buy order failure", that is, an extreme market market event caused by a trading system failure, rather than human factors.

Of course, apart from the essential factors that caused the incident...

Regarding Guangda Securities, after the internal trading system failure occurred, it did not promptly disclose relevant important information in accordance with the corresponding rules and conditions. Instead, it chose to delay and conceal it, and took advantage of the information advantage to sell stocks on a large scale, including on the Shanghai and Shenzhen 300 Index futures.

Despite a series of violations and illegal acts in shorting the main contract list, the China Securities Regulatory Commission still follows formal procedures and plans to initiate an investigation against Guangda Securities to hold it responsible for insider trading and market manipulation.

And when things develop to this point...

The truth about this incident gradually became clear to everyone, and the public opinion about the incident finally began to slowly decrease.

"It's a pity that General Manager Xu of Guangda Securities is quite a person. He has a good sense of crisis management. At least in the hedging transaction that afternoon, his performance was excellent." After seeing the new release of Guangda Securities.

After the announcement, Su Yu said with emotion, "With a doctorate in finance from the University of Manchester in the UK and five years of experience, it is quite impressive to be able to reach the position of general manager of the Proprietary Investment and Trading Strategy Department of Guangda Securities."

"Since you think he's awesome, then dig him over!"

Li Meng put a cup of ice-cold coffee in front of him and said with a smile: "After this person is pushed out and takes the blame, other large brokerage companies should not dare to take it."

"It's not just that..." Su Yu said, "In the next investigation of Guangda Securities by the China Securities Regulatory Commission, he will still have to bear the two major responsibilities of insider trading and market manipulation. Even if he doesn't get involved, I'm afraid he will never be involved.

The penalty for banning access to the domestic financial market has been decided.”

"That's really a pity." Li Meng sighed softly when he heard Su Yu's words.

"Forget it..." Su Yu picked up the coffee in front of him, took a sip, and said, "There are many talents in this world. One less is not a lot, and one more is not a lot."

"Yeah!" Li Meng responded and continued, "Among the traders in our company, who do you think has the most potential? I'm thinking that after the fund's net value is settled at the end of the year, our company should expand its asset management capacity.

The market is still at the bottom, so one or two more funds should be established.”

"When the time comes, it will definitely not be possible for just the two of us to take the lead."

“It’s too busy just to open a position and watch the market, let alone continue to bring in new people.”

"I know what you mean." Su Yu responded and asked, "Who do you think has the most potential?"

"Zhu Tianyang!" Li Meng said, "At least there are no problems in thinking and operation. His analysis of market changes and intraday operations are also remarkable."

Su Yu nodded slightly: "In terms of thinking and operation, there is nothing wrong with it. It's just that in terms of temperament, he seems a little impatient. Basically, the time when he takes action every time is on the left side of the real change of the market. His approach is based on his correct judgment."

Judgment, huge profits will be gained, but if a 'black swan' event occurs in the market, using him... the company will suffer extreme losses. As the core of the trading team, this person will have no problem, but in charge of the fund, especially the big trader

The amount of funds is not suitable.”

"Relatively speaking……"

"Liu Yuan is not as accurate in looking at problems as he is, but she is more stable and patient."

"I look at her operations. There are very few people entering the market on the left side. And when the market turns to the right side and the certainty of opportunities increases, this girl is willing to make heavy moves. This proves that she has a lot of inner courage. Keep cultivating her."

, he should be able to handle large-scale capital operations in the future and be able to act independently."

"Well!" Li Meng thought carefully, "Liu Yuan is indeed good."

"Where is Wang Can?" Li Meng paused and asked.

Su Yu thought for a while and replied: "He has grown a little slowly and his talent is limited, but his bad habits in trading have been improved a lot after this period of actual combat. Let's see... I know him, and he himself has

I have no pursuits. I kept him in the trading department. Firstly, I want to teach him something, and secondly, I want him to be the backbone of the trading department in the future. When you and I are not present, he can keep an eye on the trading department without causing problems."

After Li Meng heard his motive for using 'Wang Can', he was silent for a while and didn't mention the topic again. He paused and said, "Will the subsequent recruitment of people in the trading department still follow the rules you specified before?"

"Yes!" Su Yu said, "You can feel more at ease when you use the people you train yourself."

Every trader who currently enters the company was recruited by him personally and Qin Haowen did a background check. In a sense, although 'Yuhang Investment' is currently just a small company with little reputation in the industry,

It is a private equity company, but its strict conditions for recruiting traders are comparable to those of large securities firms.

The so-called Ning Que's mother is abusive, Su Yu's employment requirements are like this.

Of course, every trader who comes in will also receive personal guidance from him. Speaking of it, in terms of pure career development and ability improvement, it is really like one-on-one guidance from the top experts in the market.

Therefore, among the few people in the industry who know that behind the company 'Yuhang Investment' is Su Yu, a master of Fortune Road, this job, which seems to have a low threshold, is actually quite competitive.

"Oh, right……"

Li Meng paused and then said: "The account opening sales department of our fund, General Manager Qu of Huashang Securities Wealth Road, would like to treat you to a meal. I heard what he meant. There should be something he wants to ask you for.

.”

"General Manager Qu." Su Yu whispered and said, "We have set the financial position behind Fortune Road. His current status in the entire Huashang Securities Company should be prosperous and stable. What else does he want to ask for?

Aren’t you satisfied yet?”

"It's probably about the sales department's self-operated business!" Li Meng guessed, "We set the capital seat behind Fortune Road. The customer resources and commission income of the sales department have increased, but the performance of the self-operated business is still the same.

Damn it, I guess General Manager Qu has some thoughts on you, right?"

"Haha..." Su Yu said with a chuckle, "If this is really the case, it would be really unreasonable."

"Then do you think... you've seen it or not?" Li Meng asked.

Su Yu thought for a while and said: "At present, people are asking for something from us. In other words, we are the stronger party. It doesn't matter if we meet each other. But if the other party wants to get any benefits from me, then they really want to

too much."

Currently, his reputation and performance have improved, and the company has no shortage of customers and funds.

And for the brokerage companies that still focus on brokerage business in the current market, this is really hot cakes, and everyone wants it.

Therefore, he is really worthy of the other party.

While the two were talking, the market discussion about the "Oolong situation of Guangda Securities" continued.

In the evening, Su Yu and Li Meng were invited together to meet with General Manager Qu of the Fortune Road Sales Department of Huashang Securities. As expected, the other party expressed the hope that the two parties could cooperate so that Su Yu could provide appropriate guidance and operations.

Strategies to improve the sales department’s self-operated performance requirements.

Su Yu, of course, refused without mercy in person, without giving the other party much face at all.

Of course, during this period, in order to retain "Yuhang Investment", a private equity institution that has a huge impact on the brokerage business of the sales department, General Manager Qu could only laugh at the whole process.

After dinner, I went home and rested for the night.

The next day, Su Yu woke up and found that the investment sentiment in the entire market had recovered somewhat compared to yesterday. The impact of the "Guangda Securities Oolong Market" incident was reducing, and the market rumors related to the "Shanghai Free Trade Zone" had once again

Gain the upper hand in online topic discussions.