The investment era of rebirth

Chapter 136 Layout the main line of the future market
"Hua Chuangxin Test has really suspended trading!"

Seeing the stock suspension and reorganization announcement suddenly, Li Meng was surprised, and said happily: "It seems that Mr. Xu of Minghui Capital made the right bet this time, and we also took a sip of soup."

Su Yu said with a chuckle: "It's because of the interests, each takes what he needs."

When Xu Zhongji told them the news, he originally hoped that they would be able to maintain the stock price of Huachuang Xinche in the face of the bad market situation, so as to maintain the net value of the main fund of Minghui Capital, so that the fund can survive the dawn before the darkness. The so-called no pie in the sky, there is no free lunch.

When they got the news and opportunity, they had already taken the risk.

"If Xinwei Group really backdoored Huachuang Xintest, according to the capital market's valuation of Xinwei Group and future expectations, Huachuang Xintest will have a one to two times increase?" Li Mengmeng came here, eyes It lit up, "Our 5000 million investment can at least reap 5000 million to 1 million profits."

Su Yu nodded slightly, and said: "According to the popularity of Xinwei Group in the current capital market, if it really backdoored Huachuang Xintest, there must be a double or double increase, but our position in Huachuang Xintest's stock , not much. According to the current net value of the fund, there is not even a 10% position. Even if you win this opportunity and get a profit of 5000 million to 1 million, the increase in the overall net value of the fund is also very limited. "

Speaking of which...

Su Yu's gaze fell back to the market prices of the two markets that had already closed, and continued: "So, with the continuous expansion of our fund's funds, it is most important to seek market opportunities and grasp the main market conditions." Yes, it’s a good thing to encounter such a reorganization opportunity, but if it doesn’t, there’s no need to pay too much attention to it.”

"En!" Li Meng responded, smiling authentically, "Indeed, in the main market, trend manipulation is the fundamental way to increase the fund's net worth."

"correct……"

Li Meng paused, and then said: "Today's GEM and the Shanghai stock index plummeted again, annexing almost two real positive lines in front of them, and there was a heavy volume again. I'm afraid it will take some time to adjust? Fortunately, your previous two trading days Let me try to reduce my position a lot, otherwise the net worth will retrace, and in today's situation, it will not be low."

"From the lowest point of the GEM on June 6, to the rebound high point of 25 points, the index has increased by almost 1123.36%. During this period, the time span is less than 20 days, and the short-term increase is too large. , and the overall trading volume of the two cities has not continued to increase significantly during this period." Su Yu said, "So... such accumulation of profit margins is bound to be corrected and adjusted."

"Yeah!" Li Meng nodded and said, "Core sectors such as 'Internet Finance' and 'Mobile Games' have seen an average increase of more than 50%. It is true that a wave of drastic adjustments is needed to clear the profit margins in the market. Rebuild the bargaining chip structure and accumulate momentum for the subsequent rise."

"However, in this wave of gains, judging from the data of the Dragon and Tiger List in the past few days, various institutions have bought a lot."

"It seems that the main positions of many institutions have continued to migrate from the main board to the ChiNext, and these main institutions are usually long-term funds."

"Does this mean that although the adjustment of the index will be drastic, it will not last long."

"After all, after the first wave of chips intervened, in order to seize the opportunity, various institutions will not allow the stock prices of core stocks with good future expectations to fall back to the origin when the index bottomed out. After all, if the stock prices fall back to the starting point The origin, then their scrambling for funds during this period of time is meaningless."

Su Yu listened to Li Meng's analysis, nodded, and said, "You're right, the core constituent stocks on the GEM that are expected to be good in the future have entered a large amount of institutional funds, and the dominance of the market has changed from the initial hot money to After the organization, the stock prices of the relevant core constituent stocks will no longer be able to go up and down as before, and fluctuate by dozens of points at every turn. Depth, but not necessarily how deep, I guess... the core stocks, a retracement of about 20% at most, is almost the same.”

"Then if the index continues to fall as market sentiment weakens in the next few days, should we gradually take back some of the positions we have reduced?" Li Meng asked, "If there is only about 20% room for a retracement expectation, it is already in place today. In the case of a sharp drop, subsequent adjustments will be very limited."

After these two multi-session continuous lightening.

At present, the overall position line of the 'Yuhang No. 1' fund has dropped from nearly 90% of the peak to about 65%. , only less than 5000%, which is considered to be only half the warehouse level.

Of course, even though there are actually only almost half of the chips in the warehouse.

But at this time, the market value of the fund's holdings, in addition to the more than 5000 million chips of Huachuang Xincai, still has a market value of nearly 3.7 million, which is higher than the market value when the fund initially completed its position building.

Su Yu thought for a while, and said: "Look at the changes in the shape and volume of the K-line. In the case that the future fundamentals of each stock are still expected to strengthen, if the volume can change from heavy volume to obvious shrinkage, it proves that short-term The adjustment of the bargaining chip structure is almost done, and the positions that were slightly reduced before can be taken back."

"certainly……"

"If the expectation of a certain or two stocks' fundamental changes in the future is too strong, the stock price will not adjust at all when the market adjusts, and will continue to rise."

"The part of the position that has been reduced, just wait until the stock price breaks through a new high, continue to go out of the right trend and then go back."

"For long-term investment targets that are trending, without losing the basic position, try to calm down as much as possible, and don't worry too much about the cost of increasing or decreasing positions other than the basic position."

"Yeah!" Li Meng responded, thought for a while, and continued, "However... after this period of operation, the amount of funds in our fund has almost doubled. At this time, we can choose investment targets. I'm afraid we have to continue to disperse, do you have any good ideas?"

According to the current market liquidity.

The few stocks she discussed with Su Yu before to build a position can no longer fully accommodate the inflated capital volume of 'Yuhang No. 1'. If the liquidity is sufficient, then the only option is to continue to diversify investment, and then add new positions.

Hearing Li Meng's words, Su Yu thought about the current fund's capital volume of nearly 7.8 million.

After pondering for a while, thinking of the magnificent market in August in the "Shanghai Free Trade Zone" economic strategy in my memory, I knew that it was time for layout at this time, so I smiled and said: "Try Let’s take a look at the local stocks in the Shanghai stock market, such as Waigaoqiao, Lujiazui, Shanghai Stock Exchange, Shanghai-Hong Kong Group..."

Hearing the stocks listed by Su Yu, Li Meng was stunned for a moment, and asked in confusion, "Shanghai local stocks?"

"Yeah!" Su Yu nodded, and said, "Yesterday, in the market intelligence information that Director Lin sent me, it was said that the country plans to establish a free trade zone in the Shanghai stock market. Of course... this news is not necessarily accurate. There are such hazy rumors, I think... as the current market has not reacted to this information, and the news has not yet begun to ferment, we can lurk it within our ability."

"Economic free trade zone?" Li Meng was surprised and shocked, "If it's true, it's a big deal!"

Su Yu continued with a smile: "If it is true, the movement in the market must not be small. After all, such a grand strategic layout of the macro economy will bring about a huge change in the expected direction of certain market trends in the market. It will inevitably form a continuous main line of the market.”

"Of course, if the market news that Director Lin inquired about is finally falsified."

"Then, under our use of profit-taking and stop-profit, the reduced capital layout, many local stocks in Shanghai stock market that follow the main line of this news, have no funds to patronize in the past one or two years, and are completely lying on the floor. For the stock price, after we intervene, if we want to exit, there is basically no loss except for the time cost and other opportunity costs when we intervene.”

"In other words..."

"Whether this news is true or not, it is worth lurking to intervene in terms of profit and loss odds, investment risk, and profit ratio."

According to the historical memory in Su Yu's mind, the macroeconomic strategic plan of the country to establish the "Shanghai Free Trade Zone" will definitely be implemented, but at this time... there is no news in the market, so he wants to be one step ahead In order to convince Li Meng of his motivation to intervene in this main line, the source of news can only be pushed to the company market of Lin Antu. The Director of Intelligence is here.

Naturally, Lin Antu didn't know that he had taken the blame for Su Yu.

And even if you know it.

Facing the fact that Su Yu is his boss, he can't say anything.

Li Meng thought about it carefully for a while, and felt that what Su Yu said was very reasonable. If the country really plans to set up a free trade zone in the Shanghai stock market, then this is a unique short-term investment opportunity for profiteering in the market.

Moreover, since the 'Yuhang No. 1' fund has completed the initial accumulation of net value and grasped the bargaining chips of many main-line core stocks in the market, the fund's ability to withstand the risk of large fluctuations in net value is already very high, which means that they use The remaining funds are used to game this possible big opportunity, and there is basically no big risk.

As Su Yu said...

Even if the news that Lin Antu heard turned out to be rumors, it would not have much impact on the net value of the fund. After all, many related stocks related to this news are still lying on the floor, and no one pays attention at all.

"Okay!" Li Meng's eyes flickered, revealing a bright light.

She was still hesitating just now. She didn't know which potential main line and which stock to invest in on the basis of continuing to diversify the investment after the fund's capital volume expanded, but she didn't want Su Yu to think about the follow-up investment route. strategy and planning.

Su Yu looked at the excited look in her eyes, and said with a smile, "Since you have no objection, let's select and arrange targets based on the fact that this information is true."

talking...

Su Yu thought for a while and continued: "In the establishment of a free trade zone, divergent thinking from the real benefits and the most imaginative enterprises will make it easier to select the target."

"The first ones to benefit must be the local companies on the Shanghai stock market." Li Meng continued Su Yu's words, "This calibrates the scope of stock selection among the local listed companies on the Shanghai stock market. From the perspective of the establishment of the free trade zone, In the early stage, it must be infrastructure construction, logistics, ports..."

After the two determined their next investment direction, they studied each other excitedly.

In the end, under the unanimous opinion of the two, four core stocks of Waigaoqiao, Shanghai Stock Exchange, Shanghai-Hong Kong Group, and Lujiazui were delineated, and finally two second-tier stocks such as Pudong Jinqiao and Jinjiang Investment were delineated, and the funds were pooled. The main market target stock to be attacked.

Of course, in this...

As the core of the popularity of the entire market, the Shanghai Steel Union, which just encountered the limit of the floor today, did not fall behind either.

After all, this check, no matter in terms of its geography or business attributes, is regarded as the core stock of the "free trade zone concept", and it is also an absolute leader in market sentiment and a weather vane for market mobilization.

"I will operate the market-driven and warehouse-building plans of Waigaoqiao and Shanghai Steel Union." After drawing up the target stocks, Su Yu said, "Shanghai Material Trading, Shanghai-Hong Kong Group, Lujiazui, Pudong Jinqiao, Jinjiang Investment, etc. Tickets, your trading team will operate and execute, the position building plan...according to the priority of the stock, carry out the step-by-step position building."

In addition to the locked chips of Huachuangxintest, as well as Netspeed Technology, Fenda Technology, LeTV, Dongfang Fortune, Huaqingbao, Flush, Changqu Technology... After these stocks are reduced, they still hold positions. At present, the entire fund can be used to speculate on the potential mainline market of the "Shanghai Free Trade Zone" that may exist, with a total of about 3.5 million.

And the two of them proposed a total of seven stocks for opening positions.

Calculated, an average check requires 5000 million funds to open a position.

Compared with the current market transaction situation, such a large amount of funds for opening a position is not too much.

"Okay!" Li Meng completely agreed with this plan.

What she is better at is trend and band operation, rather than Su Yu's kind of micro-management speculation that guides market sentiment and short-term violence. Therefore... such as the Shanghai Steel Union, she can't control it at all.

After the two of them completed the initial investment strategy formulation, Su Yu then instructed other traders in the trading team.

Then, at 5:[-] p.m., the new one-day dragon and tiger list was announced.

The Shanghai Steel Union, which saw the trend of the sky and the floor, was impressively listed, and the seat used by Su Yu, Yuhang Fortune Road, was undisguisedly ranked first in the sales list, with a total of more than 7800 million sold, which was sold out from 6 Most of the positions established on the Shanghai Steel Union on March 25.

Of course, except for the 7800 million chips that were dropped.

In his current hand, he still has close to 2000 million chips of the Shanghai Steel Union, which he has kept as a bottom position for the next wave of market speculation.

Except for the Shanghai Steel Federation...

On the dragon and tiger list where Changqu Technology is located, Su Yu also lost a lot of chips and was listed on the sell list.

In addition, Tianyu Information, which he owns his own funds, sold during today's sharp drop in the ChiNext Index. However, Tianyu Information did not fluctuate as much as Shanghai Steel Union and Changqu Technology, so it did not make it to the Dragon and Tiger List. There is no trace of his clearing Tianyu information.

When the Dragon and Tiger List appeared, Su Yu's Yuhang Fortune Road seat, after many days, appeared in the two most popular core concept stocks in the entire market.

The short-term investor sentiment in the entire market exploded again.

"Wealth Road has cleared its position on the Shanghai Steel Union! Brothers... Doesn't this mean that the Shanghai Steel Union's market has come to an end?"

"Wealth Road is cleared, the trend of the sky and the floor... this must be over!"

"Hey, I shouldn't be chasing it today. The 20-point price is too cruel. During this period of time, I finally caught such a big rebound on the ChiNext, and now...it's zero again. "

"In the analysis article of Fortune Road before, didn't it mean that the index bottomed out on June 6, and the turning point of the market's bull-bull transition? Why is it so fast... This big guy cleared his warehouse and fled?"

"Is this called escaping?" Seeing someone complaining about slandering Fortune Road, some investors hastily retorted, "Shanghai Steel Union's wave has gone from a low of 6 yuan on June 25 to a high of 12.33 yuan today, with eleven transactions. Today, it has risen by almost 30.32 times, and almost all of them are not flat boards. There are opportunities to buy and sell at any time. At this time, chasing high losses, blame Fortune Road for not continuing to lock up positions? Isn’t this just blind touch? !"

"Yes, it's really too much to blame Fortune Road for not continuing to lock up positions at this time."

"For eleven trading days, Fortune Road is the only one who can lock up a stock with huge fluctuations and fluctuations every day. Still complaining about others smashing the market? Why don't you blame yourself for not being able to restrain the greed in your heart?"

"Shanghai Steel Union is already in the second wave of market prices, and the market has risen for so many days in a row, and there is obviously a need for adjustment. At this time, the highest is buried, and I really can't blame others."

"Hey, let's not talk about Fortune Road smashing the market, right? Just say that Fortune Road has large-scale liquidation and profit taking today. Does it mean that the short-term market has come to an end? Does it mean that Shanghai Steel Union and Changqu Technology have no future?"

"I think the prices of these two checks should be about the same. After all, there are no stocks that can keep rising. The two waves of the Shanghai Steel Federation are counted, and the span of less than two months has risen by up to three times; Since the resumption of trading, it has gone through five straight boards, and then under the influence of the high positions on Fortune Road and the seats, three boards have been changed, and the short-term increase has more than doubled, so it should be adjusted. "

"Shanghai Steel Union Tianfloor, Changqu Technology almost became the skyfloor today. Such a trend is obviously a market for the main force to retreat. I have never seen a stock with such a trend that can be adjusted in the short term. What happened, plus the short-term gains of these two stocks, are really too big, far exceeding the gains of other stocks in the market during the same period, and there must be no big expectations in the future.”

"I don't think so. Whether it's Shanghai Steel Union or Changqu Technology, the current future expectations are top-notch, and these two checks...judging by everyone's discussions, they are still the most popular and popular in the market. For stocks, if Fortune Road can make a comeback and get out of the third wave of market, it is not impossible."

"I agree with what the brother upstairs said, 'Internet finance' and 'mobile games' are definitely the biggest main market trends this year, and the three checks of Shanghai Steel Union, Changqu Technology, and Huaqingbao will definitely run through the whole world. In [-], Didn’t Wealth Road say that the market is the starting point of a bull market, and the big bull stocks that are the starting point of a bull market, generally speaking, the increase... all started at ten times. What is two or three times? Looking back, it was all Bottom of the hill."

"The brother upstairs said that the increase will be ten times higher, so you might as well buy more."

"That's right, Fortune Road has cleared positions and stopped profits. I really don't know what illusions I have, it's just..."

"Hey, what is a bull market and not a bull market? Today's massacre is a model of a bear market trend. Anyway, I don't believe in any wealth path. After all, isn't this the main force of the fund to create momentum and cut leeks?"

In the heated discussion of the entire market...

It can be clearly felt that the 4% decline in the growth rate of the ChiNext Index has caused the emotions that have been hot for more than ten consecutive days to fall into sharp differences.

And just under this emotional divide, Wednesday, July 7.

As the core popular stock in the market, Shanghai Steel Union lost the blessing of Su Yu's Fortune Road seat, and was directly stopped by the main hot money and many retail investors who failed in the field relay, and opened with a one-word limit.

(End of this chapter)