The investment era of rebirth

"According to Brother Su's past methods, if he wants to clear his warehouse, he will never use this method." Sun Yu said, "For three consecutive days, the sales funds were more than 100 million. This is obviously to prevent the Shanghai Stock Exchange from going crazy.

There is not enough liquidity on the market, so we know that the market will continue to rise, so we take profits in advance. Think about it... If the Su brothers really only have more than 300 million chips in hand, they have obviously made a breakthrough in the Shanghai Stock Exchange.

In the second wave of the market, the index has also escaped from the shock range, and Waigaoqiao, a sentiment benchmark stock, is still shrinking. With no sign of heavy volume, will it reduce its positions so early and give up profits in the later period?

?”

"What's more, the daily turnover of the Shanghai Stock Exchange is over RMB 1 billion."

"The total holding chips are really more than 300 million. With the average liquidity of more than 1 billion, it is a bit difficult to get out in one day when encountering extreme market conditions, but at most two days, it is enough to clear the position and leave the market."

"Brother Su is often known for his sharp profits in short-term operations. If you resume trading, his operations on the Shanghai Stock Exchange are basically very extreme."

“Moreover, the ‘Shanghai Free Trade Zone’ line is much bigger than the ‘Internet Finance’ line.”

“The amount of funds accumulated has also increased.”

"Even if the market suddenly turns from strong to weak, there is a relative process and it won't be too extreme."

"For a real short-term market expert like Brother Su, this logic will not be unclear to him."

"So, in my opinion, his continuous early reduction of positions does not make sense logically. The only reasonable explanation... can only be said that he has a very heavy position in relevant core stocks. Even with the current sufficient liquidity,

It will take a lot of time to come out safely."

"Awesome!" Zhao Qiang replied, "You better understand him."

"I'm just guessing." Sun Yu replied, "What's the real situation? Either you have to wait to ask him personally, or you have to wait for subsequent market verification."

Zhao Qiang said: "It is inconvenient for me to ask such questions involving key position data, and even if I ask, Brother Su will definitely not answer. After all, now that he is in charge of fund operations, he is not only responsible for himself, but also for

The investors who invested in him are responsible."

"But, I thought about it carefully."

"Brother Sun, I think your analysis makes sense."

"Brother Su gives me the impression that he is extremely clean and decisive when it comes to trading. This time he appears in such a grinding manner is indeed not like his usual style. So... I can only follow your instructions.

Logic explains it.”

"Hmm." Sun Yu responded, thought for a while, and then said, "'Shanghai Free Trade Zone' is such a big main line. Except for the last time when the Shanghai-Hong Kong Group, Lujiazui, Pudong Jinqiao, and Jinjiang Investment opened checks, Su

The brother's fortune path appeared once, and then only the stock of Shanghai Stock Exchange saw a total of 150 million sales, which is abnormal compared to the size of the fund he is currently in charge of. "

"I'm thinking……"

"He must have huge positions in other directions."

"It's a pity that his fund net worth disclosure and shareholding disclosure have been suspended. I can't see the rough data, so I can only rely on guesswork."

Zhao Qiang said: "There are a lot of funds following his trend in the market now. If the net value of the fund and its holdings are really disclosed, then I'm afraid there will be a big problem, but...whatever, before the news of the 'Shanghai Free Trade Zone' is announced,

, I can sense in advance that there are huge speculative opportunities in the 'Shanghai local stock' sector. With Brother Su's keen market sense, it is impossible not to have a large-scale layout in advance."

"Just watch..."

"Actually, I don't quite believe that he is on the main line of the 'Shanghai Free Trade Zone', just this little movement."

During the exchange between the two, the whole market was about Fortune Road, Fusheng Road, clearance and exit, about the Shanghai Trade Dragon and Tiger List, about Waigaoqiao, about the concept of continued hot financial reform, and about the "Shanghai Free Trade Zone"

The discussion on the main line of speculation, which has been heated for more than half a month, is still continuing.

And the excitement of the discussion continues to remain unabated.

In this still hot mood, the market ushered in another trading day.

On Friday, September 14, at 9:15, the vast majority of stocks in the two cities, especially the core concept stocks of the "Shanghai Free Trade Zone", still opened higher.

Among them, Waigaoqiao continued to hit the daily limit, with the stock price at 50.88 yuan, achieving 13 consecutive boards since the resumption of trading. 496,000 orders were initially closed at the daily limit, which was not the slightest decrease from the previous days, and the initial selling order remained at 496,000.

Extremely low position, only 92 lots.

The core stock of the ‘financial reform’ concept, Anxin Trust, continued to open higher at about 5%, and its strong status remains.

Mainline core stocks dominated by two institutions, Shanghai-Hong Kong Group and Shanghai Pudong Development Bank, showed a flat opening, but the selling was not large. The initial call auction order was only more than 1,000 lots.

As for the Shanghai Stock Exchange that was sold on a large scale by Su Yu...

With no one maintaining the market, this stock opened sharply lower at around 3.5%, and more than 2,000 orders were sold. Compared with other core stocks, this stock appeared relatively weak.

"Waigaoqiao has gone through 13 consecutive losses since the resumption of trading."

Seeing the state of collective bidding in the two cities, Li Meng said in the trading room of Yuhang and Yuhang Investment: "And the volume has not been increased yet, it is really an exaggeration!"

"It's not surprising." Su Yu said, "This check has become the sentiment indicator of the market. These chasing orders will not be withdrawn. Apart from us, there are no heavyweight lurking main institutions in the market, and there are no big funds taking the initiative to smash the market.

Before market expectations are exhausted, it is normal to continue to maintain a straight line."

"Shall we...continue to operate according to yesterday's strategy?" Li Meng paused and asked.

Su Yu nodded and replied: "Yes, continue to operate according to yesterday's strategy, intensify emotions, go long and short, yesterday the market has differentiated again, and today we will maintain a wave of emotions to stimulate the market's final long potential. We

It’s time to clear out all the chips on this main line.”

"Okay!" Li Meng responded.

Then, he began to instruct traders to use the withdrawn funds to quickly place orders in the call auction to maintain the market conditions of Shanghai Stock Exchange, Anxin Trust and Waigaoqiao.

And with everyone placing orders...

The collective bidding trends of Anxin Trust and Shanghai Stock Exchange have risen rapidly, and the number of closed orders in Waigaoqiao has once again exceeded 500,000 lots.

"Hey, the collective bidding trend of the Shanghai Stock Exchange was pulled out of the water so quickly."

Noting that the stock price trend of the Shanghai Stock Exchange was somewhat higher than expected, Zhou Kan said in surprise, "This stock's main buying funds are quite sharp!"

"Most of them are just false orders." Xu Xiang smiled, "But even if it is a false order, this capital can lift the stock price from underwater, which is also a good thing for us."

"Zhou Kan..."

Xu Xiang paused and said: "Maintain it and raise the stock price step by step. As long as the confidence is maintained, there is nothing to fear from the selling force caused by the liquidation of funds on Fortune Road and Fusheng Road.

"

"Okay!" Zhou Kan responded.

Then, he quickly placed orders and followed up with the rush to raise funds, creating a situation with strong market acceptance.

And because the two main funds invariably protected the market, because the stock price of Shanghai Stock Exchange opened sharply lower at the beginning of the call auction, it has rebounded all the way...

Many retail investors who originally waited and watched quickly entered the market to grab funds.

In the end, when 9:20 arrived and the two main funds canceled their orders, the stock price of Shanghai Stock Exchange still maintained an increase of 1.2%, and the trading volume reached more than 5,700 lots.

At 9:21, there was still no increase in volume in Waigaoqiao.

The collective bidding trend of the Shanghai Stock Exchange once again exceeded the expectations of the concerned investors.

In the case of Essence Trust, Shanghai-Hong Kong Group, Shanghai Pudong Development Bank and other core stocks, the collective bidding trend continues to rise step by step and continues to increase in volume.

The entire "Shanghai Free Trade Zone" mainline related concept stocks have also become active again.

At 9:22, the Shanghai stock market rose by more than 2%, and the number of matched transactions exceeded 6,500. Although the growth rate of volume has accelerated, there is still no tens of millions of main funds to hit the market.

At 9:23, Essence Trust's share price rose by more than 7%, and there was great disagreement and consensus, accelerating the trend of listing on the board.

At 9:24, the 'financial reform' concept sector exploded again. The previously differentiated stocks of Jinshan Development, Aijian Shares, Dajiang Shares, Duolun Shares and other stocks all experienced rapid and sharp rises in the call auctions.

It has also been enlarged at the same time, and the rush to raise funds is very obvious.

At 9:25, the collective bidding in the two cities ended.

In the end, the Shanghai stock market opened 0.23% higher, the Shenzhen Stock Exchange Index and the ChiNext Index opened flat.

The entire market sentiment, under the influence of yesterday's differentiated market conditions, did not fall significantly, but continued to remain stable. Moreover, due to the core concept stocks of the "Shanghai Free Trade Zone", in today's call auction, it once again exceeded expectations.

On the contrary, the trend intensified the sentiment in the last two or three minutes of the collective bidding, making the overall investment sentiment in the two cities pick up a lot in the last period of the collective bidding.

In terms of individual stocks...

Shanghai Materials Trading opened higher by 1.89%, with a total of more than 21,700 orders traded, with a turnover of about 70 million; Waigaoqiao continued to shrink the one-word board, with a total of more than 500 lots traded, with a turnover of more than 2.6 million; Anxin Trust opened higher by 8.35

%, with a total of more than 40,000 lots traded, an obvious situation of divergence turning into consensus has been formed; Shanghai-Hong Kong Group and Shanghai Pudong Development Bank opened higher by about 1%, and the trading volume was basically the same as yesterday.

Others include regional free trade zone concept stocks, ‘real estate, finance, logistics, ports’ and other industry stocks.

The early popular ‘Shanghai Free Trade Zone’ concept stocks.

75% of these stocks have achieved a red and high opening trend, as if after yesterday's brief adjustment, they have returned to a hot trend of all-out capital attack.

"Are you going to speed up for the final time?"

Seeing this opening situation, Su Yu was not happy at all. Instead, he frowned slightly: "It's coming faster than I expected!"

"Li Meng..."

Su Yu thought for a while and hurriedly ordered: "There is no need to wait for the Shanghai stock market to reach the daily limit before exiting the position. After the market opens, sell if there is liquidity. Of course... before the market sentiment has completely changed, there is no need to sell at a low price. As long as you see

If there are investors who want to buy the upside, they will throw out their chips.”

"At the same time, the Shanghai-Hong Kong Group's bargaining chips and some of the Shanghai Pudong Development Bank's chips will be purchased later."

"After the market opened, everything was sold as I said."

"Today's market sentiment has changed faster than I expected. I guess this...should be the final point of the climax. We must complete the full liquidation and exit today."

Currently, the fund still has almost 350 million chips left in the stock of Shanghai Stock Exchange.

If according to his judgment, today is the final turning point for the main line of speculation on the "Shanghai Free Trade Zone", then it will be an arduous task for them to make a stable exit.

"Okay!" Li Meng nodded in agreement, paused, and then said, "Will Waigaoqiao also come out?"

Su Yu was silent for a moment and replied: "Waigaoqiao is the emotional bellwether of the entire market. If there is an extreme change in this check, the entire market will inevitably be shaken. Therefore, you must first sell almost all the other stock chips before I can move."

This stock is a bargaining chip.”

"Once the market accelerates, we won't have much time left to quickly exit."

"The market has been positive for three consecutive times, and it has broken through from the bottom of the shock platform in the short term. The increase has been huge, and there is already a need to step back and adjust."

“The main line of ‘Shanghai Free Trade Zone’ has been continuously speculated for so long.”

"From 'Shanghai local stocks', to the core concept stocks of 'Shanghai Free Trade Zone', to the comprehensive Shanghai stock concept speculation after the official announcement of positive news, then to the real estate, logistics, trade sector speculation, and then to the regional free trade zone

Hype, speculation in emerging concept stocks, financial reform concept sectors, and even speculation in the overall financial market..."

"Everything that should be fired has been fired."

"Moreover, all core concept stocks are now at an absolutely high level, and the profit margins have been extremely generous. The incremental funds required for continued speculation have reached a sky-high level."

"Under such circumstances, if the market quickly rises again, sentiment turns to divergence again, and the market falls back."

"That's when profit-taking comes out in droves and this main line of speculation completely collapses."

"Understood!" Li Meng responded and quickly conveyed the order to all traders in the trading room.

Then, immediately after 9:30, the two cities entered the formal bidding and trading stage, and active funds from all walks of life in the market continued to swarm the "Shanghai Free Trade Zone" concept stocks that performed strongly in the collective bidding.

I saw...

At 9:32, Anxin Trust closed the daily limit, and the transaction volume reached 210 million, once again detonating the "financial reform" market.

At 9:35, Essence Trust’s follow-up stocks, Kingsoft Development, also hit their daily limit.

At 9:42, the Shanghai Stock Exchange's trading volume exploded and continued to rise. The stock price rose by more than 5%, and the turnover exceeded 630 million. Compared with the same period yesterday, the volume was increased by one-third.

At 9:51, Shanghai Pudong Development Bank once again rose to 5%, and more than 6 stocks in the entire 'financial reform' concept sector reached their daily limit.

At 10:01, Chongqing Development Zone reached its daily limit, and the concepts related to regional free trade zones changed.

At 10:15, the Shanghai-Hong Kong Group rose to 5%, and the transaction volume expanded to 1.46 billion, which was also a significant increase compared with yesterday.

At 10:23, the Shanghai Stock Index rose again to more than 1.5%, breaking through 2,200 points.

At 10:47, the Shanghai stock market's physical trade rose to about 8%, and the transaction volume exceeded 930 million. It is likely to continue to hit the daily limit.

At 10:56, the daily limit of stocks in the 'financial reform' concept sector broke through to 8.

At 11:02, the real estate, logistics, ports, finance, infrastructure and other sectors once again experienced comprehensive changes. The Shanghai Stock Index rose by more than 2%, and its point reached the highest position of 2115.

Then, when the entire market sentiment was surging and the Shanghai Stock Index was about to completely fill the pit of June’s plunge...

The Shanghai Stock Exchange, which had just hit the daily limit, encountered a huge amount of selling of hundreds of millions of dollars at the daily limit price of 37.44 yuan. The funds placed five consecutive large orders of 10,000 lots, annihilating all the main buying funds that dared to close the market.

, driving the stock price of Shanghai Materials Trading straight down to around a 5% increase.

Then, as the Shanghai stock market's trading trend reversed.

In the entire market, all stocks with the concept of "Shanghai Free Trade Zone" saw a huge amount of selling almost instantly, and investment sentiment reversed instantly!