The investment era of rebirth

“I didn’t expect that Fortune Road is the leading player in today’s market!”

The moment the Dragon and Tiger List data came out, Tu Yuanhua, general manager of the proprietary investment strategy and trading department of Yanjing and Huaxin Securities, couldn't help but sigh: "1.8 billion! What a big deal! At this juncture, this Mr. Su... is really calculating.

Those who turned the tide and saved today's market, Joaquin, Huijin, and the China Securities Regulatory Commission must thank Mr. Su very much."

"It can indeed be regarded as turning the tide!" Next to Tu Yuanhua, chief analyst Zhou Huaiming chuckled, "If there was no leverage from this capital today, the market would probably be quite ugly, and it would inevitably be another big news! Now...

…The stone in everyone’s hearts has finally fallen to the ground.”

In their opinion, today's market trend is extremely important to some people.

After all, restarting the IPO market and opening up direct financing channels in the market are tasks that must be completed, and the completion of this task must be supported by market confidence.

The internal regulatory agency has launched a plan to restart the IPO market at this point.

It was after everyone's comprehensive consideration and discussion that the market had passed the most dangerous and difficult time, and that market confidence had been restored and could support the restart and implementation of IPOs.

And if the market today, because of the announcement of this news...

If there is a direct collapse, or even a liquidity crisis, resulting in a substantial stock market disaster, it will not only hit everyone within the regulatory agency who formulated the IPO restart plan, but it will also mark all leaders as poor work and insufficient consideration.

Labels that cause violent market fluctuations may even affect their future career development.

Therefore, we have the support of Joaquin and Huijin.

It's just that everyone really didn't expect that the protection of Huajin and Huijin not only failed to hold the market, but actually plunged the market into a deeper abyss. If Fortune Road hadn't brazenly taken action in the afternoon when the market liquidity was almost exhausted, buying the bottom on a large scale

Tray, I'm afraid the outcome today... won't be as good as it is now.

"Yes!" Tu Yuanhua nodded, "What Fortune Road did today really made many people feel heartbroken, and it also saved many people's faces. This road of funds... no matter the market sense, or other aspects

Your sense of smell is really sensitive and you understand the general trend!”

In his opinion……

Fortune Road today not only saved the market's liquidity crisis, but also saved the market.

Moreover, it left a good impression on many people within the regulatory agency, and became an indirect contributor to the implementation of the "market IPO restart" plan. Although this unintentional favor seemed useless on the surface, it

In the future... at certain critical moments, it can often save lives.

In other words, wealth passes through this battle.

In the hearts of many big shots, they are already capable, understand the general trend, and take the overall situation into account.

Funds with these three characteristics will basically receive preferential treatment in terms of supervision, which will make the future development path of this fund wider and wider.

"Well, Mr. Su from Fortune Road is indeed growing at an alarming rate." Zhou Huaiming agreed with Tu Yuanhua's words and responded, "In your twenties, with such a big-picture view, your future prospects... are really limitless.

I feel that within one or two years, the 'Yu Hang Series' funds will occupy an important position in the domestic asset management system."

Tu Yuanhua nodded with a smile and said: "Those who are capable, understand the general situation, and consider the overall situation are bound to become great. This President Su..."

Tu Yuanhua paused, remembering the scene when he met the other party in Yanjing during the National Day.

He couldn't help but continued with great admiration: "He is not an ordinary person! It is a pity that this person was not utilized or trained within our system. Thinking about it now, it is still a pity."

"Although there are regrets, there is nothing we can do about it." Zhou Huaiming said, "His innate conditions are too low. When it comes to talent selection within our system, he must pass the original level and start from the bottom step by step. General Manager Gan actually made no big mistake in this matter."

Tu Yuanhua thought carefully for a moment and knew that the talent selection system within the system was not something he could change.

He couldn't help but frown slightly in boredom and stopped talking.

"Old Tu, do you think...how much money did this guy invest this time?" Zhou Huaiming knew that Tu Yuanhua didn't like to hear about the shortcomings of the collective's internal system, so he couldn't help but change the topic, "1.8 billion on the Dragon and Tiger List, Those who are not on the list probably have less funds than those who are on the list, right?"

Tu Yuanhua pondered for a moment and replied: "I estimate that the purchase volume is at least three to four billion, otherwise in that case, the entire market cannot be leveraged. In other words... there are few private equity institutions like him in the market. A person with such fast operating techniques, with tens of billions of funds, actually operates like a hot money style, with violent entry and exit, taking his fast, accurate and ruthless trading style to the extreme."

"Not only private equity institutions, but also public equity institutions, at the level of capital he manages, there is no one with his operating style." Zhou Huaiming said, "This guy... is really a unique figure in the entire market."

When Tu Yuanhua heard this, he chuckled and said: "You are really right. He is truly a unique figure in the entire market. In less than a year, he started from scratch to create a private equity scale of tens of billions, and in In the turbulent market, it was the first time in my life that I had achieved a performance of "ten times in three months". Although there have been many legends shining like comets in the financial trading market over the years, no one is as good as him. With such a rapid growth rate, no one at his age has his kind of market macro awareness!"

"to be honest……"

Tu Yuanhua paused and said with a smile: "I really hope he can really grow up!"

"With a scale of tens of billions in asset management, we have laid a solid foundation." Zhou Huaiming responded, "With the ability of Mr. Su, as long as he does not rush for success and does not follow evil ways, it should be inevitable to truly grow. Even with this The scale of asset management he currently controls is ranked high in the domestic asset management system."

"Indeed." Tu Yuanhua said, "According to current data, there are only about a hundred domestic tens of billions-level asset management institutions. They are indeed ranked high. However...the larger the amount of funds, the higher the ranking. The road will become more difficult, and many so-called tens of billions of asset management institutions are stuck at the tens of billions mark. It is difficult to improve their performance and the scale of their asset management, and they will eventually be abandoned by investors."

"But this definitely does not include Mr. Su." Zhou Huaiming said, "Judging from his past operating records, this person's trading ability cannot be underestimated. I feel... the scale of tens of billions is not his. The pinnacle of ability, of course... In addition to the short-term, this person's long-term investment ability remains to be seen. No one knows what the final upper limit will be."

"So... we can only look forward to it!" Tu Yuanhua said with a smile.

Regardless of whether there are differences in their views, they are quite consistent in being optimistic about ‘Yuhang Investment’ and ‘Wealth Road’.

And during the conversation between the two...

Just as Tu Yuanhua guessed, at this moment inside the regulatory agency.

Several leaders are also paying attention to the "Fortune Road" fund and have given them quite good evaluations.

Of course, while there is a lot of discussion about the 'Fortune Road' within various large institutions and regulators, the majority of retail investors in online stock forums are also concerned about Fortune Road's super move of sweeping the dragon and tiger list and buying up 1.8 billion in daily capital.

, and the discussion was intense.

"Haha...it is indeed the road to wealth!"

"Let me just say, who can turn the tide in this market? Only Mr. Su from Fortune Road!"

"In one breath, 1.8 billion in buying funds on the list is really awesome! This should be the highest net buying volume for a single seat on the Dragon and Tiger list in one day, right?"

"With that group of super institutions, the highest net buying volume cannot be ranked, but it can definitely be ranked among the top in history."

"Mr. Su is amazing. He really saved the market by himself!"

"Indeed, Huijin and Joaquin are just like a ball. They always only know how to attract banks and two barrels of oil. They only have the road to wealth. Only Mr. Su is the real soul of the market."

"The exploding Dragon and Tiger List, the exploding Mr. Su!"

"Mr. Su, my idol! From now on...Mr. Su is the god of the market, I say so!"

"'Wealth Road' has long been a god, who needs to say more? It is the only seat in the market and the only market trend vane."

“It’s 1.8 billion on the list, so the actual purchases must be more than that, right?”

"You don't need to ask to know that it's far more than that. I just reviewed the market and found that the stocks that have changed at the same time as the stocks on the list, and the stocks that are not on the list, there are at least a dozen stocks. I feel that the funds bought by 'Fortune Road' today totaled

Definitely more than 3 billion!”

"What the hell, 3 billion?"

"At least 3 billion, possibly far more than that!"

“Does such a large volume of purchases prove that the two core main lines of ‘mobile Internet’ and ‘smartphone industry chain’ are about to return as kings?”

"Needless to say, the king will definitely return!"

"The bad news has come to fruition, and the index adjustment is in place. In addition, 'Fortune Road' has massively increased its positions to buy the bottom, and almost instantly intervened with heavy positions, including Fenda Technology, Internet Speed ​​Technology, Changqu Technology, Huaqingbao...

The performance of these popular stocks has exceeded expectations one after another. It is simply impossible for the two core main lines of 'mobile Internet' and 'smartphone industry chain' to lead the market upward without the return of the king!"

"Damn it, why were you panicking before? If I had known that Fortune Road would be here to buy the bottom, I would have come out with a hammer!"

"That's right! I have never felt that the investment logic of the two core main lines of 'mobile Internet' and 'smartphone industry chain' is so clear. Hey... I really shouldn't have panicked before. Today's lowest point is to cut the meat, what the hell...

Now my intestines are full of regrets. Every time I go back and forth, the profit of 100,000 yuan is just gone."

"I also sold when the price limit fell in the morning, but in the afternoon when Fenda Technology was about to hit the limit, I felt something was wrong, so I went back. Although I made a very big reverse T, thanks to almost 20 points, I still didn't get it done.

Lost the chips, now... Fortune Road has bought such a large amount of chips in the stock of Fenda Technology, and as the stock rises in the future, it should be able to make up for the losses."

"Hey, what a sin! At the critical moment, I failed to keep up with the path to wealth, and even did the opposite operation."

“It’s better to stay at Fortune Road and hold the chips in your hands so you can feel at ease!”

"Indeed, once Fortune Road sells on a large scale, I always feel panicked. The results also prove... As long as Fortune Road sells on a large scale, the market will inevitably plummet. Fortunately, the darkest time has finally passed. Now Fortune Road

The road is recovering in a big way, and the market outlook is definitely promising!”

"Yes, the market outlook is definitely promising!"

"Don't be afraid if you lose track of him temporarily. I have studied the buying history of Fortune Road. After he buys, as long as he can follow up the next day, he can basically make money and exit."

"That's not what I said... I have to follow you tomorrow!"

"I hope that Fenda Technology will not hit the daily limit when the market opens tomorrow, so that I can get back the lost chips."

"Fortune Road bought the largest amount of shares in Fenda Technology, and this stock did have the strongest performance during the session today. In addition, the performance of this stock has become clear, and the stock price has a strong

Logically supported, I estimate that next...this stock will become the absolute leader in the market rebound, right?"

"Absolutely. Before the bad news about the 'market IPO restart' was announced, that is, on the day when Fenda Technology's results were announced, this check had already become a rebound in the two main lines of 'mobile Internet' and 'smartphone industry chain'

It’s a pity that the negative news has not materialized at that time. Fenda Technology was on the daily limit board and was smashed to pieces by profit-making funds and safe-haven funds from all walks of life.”

"Hua Qingbao and Changqu Technology, the two 'mobile game heroes' are also pretty good!"

"NetSpeed ​​Technology is also good. It has the absolute number one weight on the GEM and will be a giant with a market capitalization of 100 billion in the future."

"Hey, stop picking stocks. I feel that as long as the stocks bought by Fortune Road are not much different, if I catch up tomorrow, I will most likely be able to make money in the future."

"Indeed, as long as you buy based on the two main lines of 'mobile Internet' and 'smartphone industry chain', you are absolutely right!"

"As long as there is wealth on the way, the market confidence is there. I didn't say that even though I lost money today, my position will be full tomorrow. I don't believe it. The market is here... and it can still fall."

"For some time in the future, the GEM index will definitely not fall below today's intraday low again, right?"

"Looking at the trend on June 25, today's GEM bottom is similar to that of that day. I feel that today will be the starting point of a new round of market conditions."

"Indeed, today's golden needle is quite beautiful when it touches the bottom."

"After the last round of market bottoming, it has gone out of an upward trend for more than a month, and it has also gone out of the continuous profit-making market with stocks in the 'Internet Finance' sector generally doubling, and the big monster stock 'Shanghai Steel Union' is almost 7

If there is a new round of market prices, I believe the intensity will not be inferior to that of the previous round."

"If you don't say a word, just do it!"

In the extremely heated discussions among many retail investor groups...

At this moment, as the core figure under discussion, Su Yu was sitting in the trading room within Yuhang Investment Company, briefly reviewing the market, looking at the data on the Dragon and Tiger List, and browsing various comments on the Internet.

Finally, he turned his attention to Li Meng and asked: "Today, what is the total amount of funds purchased by our company's two main funds? What position has the overall position level returned to?"

After cleaning up all the transaction data, Li Meng replied: "Today, a total of about 4.4 billion was invested, and a total of 32 new stocks were purchased, 12 of which are distributed among the stocks you mentioned before and let us focus on."

The Internet Finance sector, and other stocks, are all early hot stocks related to the two main lines of 'Mobile Internet' and 'Smartphone Industry Chain'."

"As for the position level..."

"Including the chips we have not completely sold out before, the two funds currently hold a total of 5.026 billion positions, and the position water levels are both around 40%."

"That's enough!" Su Yu nodded slightly, "It's a little more than expected."

According to his original expectations, it would be considered good if he could buy more than 3 billion in funds today.

As a result...the two main funds frantically devoured more than 1 billion "market blood chips" during the market crash stage than he expected.

“The main reason is that regardless of the buying cost, as long as there is selling in the market, we will take the initiative to take over the selling, which resulted in our buying volume being much higher than expected.” Li Meng said with a smile, “However... judging from the closing results, and

Judging from the current change in market sentiment, it is still very worthwhile to do so."

After the market dragon and tiger list is released...

At this moment, the bullish sentiment is fermenting fiercely, and among the vast investor groups in the entire market, only a small portion are still bearish on the market.

According to this fermentation of bullish sentiment, the market will definitely have an expected trend of violent recovery tomorrow.

So...all the chips they bought today, regardless of their cost, are basically considered to be quite high-quality low-end chips.

Su Yu nodded slightly and said: "Grab the big and give up the small. This is the essence of trading. In the face of key opportunities, short-term cost fluctuations are insignificant in the end. If we hesitate for a moment today, what will happen next?"

To get the same level of chips, the cost would have to be at least 340 million higher, and now that we have so many chips, it is equivalent to an extra 340 million in profit."

"Yeah!" Li Meng nodded, "When buying and selling, hesitation is indeed the enemy of trading!"

As Su Yu said...

In today's trading, if they hadn't jumped the gun in advance, other major funds that discovered opportunities would definitely have poured in on a large scale after the market shrunk at the end of the day, and they were 'blood chips' after the market sentiment was completely vented.

...They want to get so many chips, and if the cost increases, it will not be the current point.

"Tomorrow... shall we continue to increase our positions?" Li Meng paused and asked.

Su Yu nodded and said: "The short-term bad news in the market has been exhausted. In addition, the index has recently oversold significantly, and the emotional catharsis has been completed. There will definitely be a recovery trend in the market, although I am not sure how high this recovery trend will be.

But before the funding situation is completely tightened at the end of the year, there should still be quite a few opportunities.”

"Although about 40% of the positions have reached our expectations, they are still at the beginning of the market recovery and start-up."

"You can still try to add more positions."

"I think……"

Su Yu paused and said: "It is appropriate for the two funds to maintain a water level of about half a position, so as not to miss the market, and at the same time, it can fully cope with various risks in the market."

"Okay!" Li Meng nodded, "Then we will add 10% to the position tomorrow, or in the next few days."

"but……"

Li Meng paused, and then said: "The size of our two funds, compared with the two lines of 'mobile Internet' and 'smartphone industry chain', is too huge. Today alone, our investment in these two main lines is too huge."

For many stocks, according to the liquidity of these stocks, the position limit has been reached. For example, Fenda Technology, Wangsu Technology, Huaqingbao, and Changqu Technology are quite liquid and the most popular stocks.

, if the number of our positions continues to expand, it will not be easy to exit the market at critical moments."

"So, my suggestion is..."

"The remaining 10% of the funds to increase positions cannot be used to buy the previous stocks."

"We must look for new breakthrough directions or other potential stocks."

"Well!" Su Yu nodded and said, "What you said is also a concern. When it comes to individual stocks, you really can't hold positions that are too extreme, otherwise you will be in trouble when facing extreme situations."

"How about this……"

Su Yu thought for a while and continued: "After adding the target stocks of the two main lines of 'mobile Internet' and 'smartphone industry chain' we selected to the limit positions, the subsequent increase in positions can be towards 'automobile'

, the field of white goods consumption is shifted. In the current market, in addition to the field of 'mobile Internet' and 'smartphone industry chain', there are only these two major fields. There are still some expectations, and the subsequent macroeconomics will boost domestic demand and accelerate

If the economy's internal growth capacity is enhanced, expectations in these two areas will be strengthened."

"Okay!" Li Meng nodded.

When she came up with this idea, she actually didn't expect the funds from the subsequent increase in positions to be profitable in the short term. As long as she could relatively outperform the market and make a profit, that would be enough.

The field of ‘cars and white goods consumption’ proposed by Su Yu.

This year's performance, although compared with the small and medium-sized board, the two main lines of 'mobile Internet' and 'smartphone industry chain' in the direction of GEM, as well as the main line concept of 'Shanghai Free Trade Zone' in the direction of the main board, have been concentrated.

Not very eye-catching, but overall, its performance is still stronger than the market, and it is a direct beneficiary sector of the "home appliances and automobiles to the countryside" in the national consumption boost plan. In terms of domestic urbanization and infrastructure, it is still at the forefront.

Against the backdrop of leapfrog development, there is also continued demand expected in the future.

I believe that although the performance cannot outperform the SME board and the core main line of the GEM, it will not be too bad.

Moreover, the next heavy investment direction of the fund will still be based on the two main lines of 'mobile Internet' and 'smartphone industry chain' on the small and medium-sized board and GEM. Even if the small position is involved in the 'automobile and white goods consumption' fields,

The performance is not as good as expected, and the impact on the overall net value of the fund will be very small. The risk... is something they can bear.

As the two discussed their investment direction and position layout for the market outlook...

In the market, discussions about the 'Way of Wealth' and today's market conditions are still continuing, and analysts from various institutions, chief investment advisers, and financial influencers are still tirelessly singing the bullish tune on the market and making long speeches.

Speech to incite market sentiment.

At night...

The regulators, who had been silent for a day, also expressed the view that "restarting IPOs does not mean a blood-sucking market" and strictly limited the fundraising scale of listed companies in the early stages of IPO restarts, fully expressing that the regulators care for the market and are also looking forward to it.

The market continues to trend bullish, encouraging signals to go long.

Therefore, in this situation where the bullish sentiment finally reared its head and the bearish sentiment gradually weakened.

October 30, Tuesday comes, the market ushered in the second trading day after the news of ‘IPO restart’ was released.

At 9:15, with everyone looking forward to the market rebounding again after yesterday's miracle, the two cities ushered in collective bidding.