The investment era of rebirth

Seeing that Xu Zhongji started to help Su Yu, Zhou Yang couldn't help coughing slightly in embarrassment, and said, "I'm bearish on the index, but I'm not bearish on the local market. In fact, according to the trend of the market in the past two years, the index And it really didn’t do any good.”

"Mr. Zhou is right!" Among the participants, Gu Chijiang, the general manager of Yuhang Jingda Investment, couldn't help but agree at this time, "The market performance in the past two years, although the main line market investment opportunities generated are not However, the trend pattern of the index has not been able to break away from the weak cycle, generally speaking...the current market is still not out of the bear market, and the index should maintain this weak and volatile situation for a long time in the foreseeable future."

"Of course……"

When Gu Chijiang said this, he changed the topic and continued with a smile: "The weak and volatile situation does not mean that there is no market to do, such as last year's 'mobile Internet', 'smart phone industry chain', 'Shanghai Free Trade Zone 'And other core main lines, as long as you grasp the main line market even once or twice in a very differentiated market situation, you can get good market investment returns."

"Oh? Mr. Gu thinks this weak and turbulent situation will continue for a long time?" Su Yu asked with a smile.

Gu Chijiang nodded slightly, and then quickly asked: "Don't you think so?"

"I've always been a firm bull in the market." Su Yu said with a smile, "Holding a position represents an attitude. This... Mr. Gu should understand."

"Boss Su thinks... this is not a rebound, but a reversal?" Next to Gu Chijiang, Lin Tingzong, the main fund manager of Jingda Investment, asked suddenly.

Su Yu took a look at Lin Tingzong, and he still valued this person who saved Jingda Investment in a disguised form, and responded with a smile: "Whether it is a rebound or a reversal, we can only wait for the actual verification of the market, but in my own opinion To put it bluntly... I think this is indeed a reversal, not a rebound."

"What about the logic?" Lin Tingzong asked subconsciously with his heart moving, "If the market wants to reverse, it needs the resonance of the macroeconomic, financial, and emotional aspects."

"But from the current point of view..."

"Macroeconomically, there are indeed signs of recovery, but in terms of funds, it is difficult to see a turnaround."

"After all, although the domestic inflation data has declined for a short time, it still remains at a relatively high level, which restricts the central bank's further loose monetary policy. Without the support of the central bank's loose monetary policy, commercial banks follow the central bank's regulations and shrink off-balance-sheet investment one after another. In the case of optimizing the internal asset structure, the phenomenon of "money shortage" in the market from time to time may continue to appear."

"Coupled with the current high domestic interest rate, the rise of 'Internet finance'."

"As an investment option for over-the-counter funds, whether it's bonds, monetary funds, or the current popular Internet financial platform wealth management, the rate of return, as well as the investment risk ratio, are far superior to the stock market."

"Without financial support and a large amount of incremental funds entering the stock market, it is basically impossible for the stock market to improve and complete a reversal."

"Let's talk about the emotional side..."

"Last year, the U.S. stock market was so successful that it made new highs, but failed to drive the domestic market sentiment. It broke through the 2500-point market bull-bear line in one fell swoop. Now that the U.S. stock market has retreated from its high level, the external market trend is full of worries. If you don’t support it, the mood will warm up and you will go out of the independent market, I’m afraid it’s a bit of a dream.”

"Boss Lin has a clear view of the market." Su Yu nodded with a smile and said, "But the emotional side and the financial side are originally a twin relationship that promotes each other."

"First of all, things aren't that bad in the banking sector."

"After last year's strict controls and adjustments, the off-balance-sheet investment assets of all commercial banks have almost shrunk at the current stage. This "money liquidity" thunderstorm has been eliminated during the two "money shortage crises" last year. It was detonated and eliminated, and on the contrary... After the banking industry adjusted its asset structure and got back on the road, I think the investment opportunity of 'difficulty reversal' has come instead."

"Furthermore, although the current market inflation data is still at a certain high level, the inflection point has already appeared."

"The previous incidents of 'garlic you are ruthless' and 'jiang you army', after the gradual fall of inflation, there is a high probability that they will not happen again, not to mention that the supervision of the real estate market has begun to relax. With the gradual recovery of the real estate market in the future, this suppression The massive 'reservoir of money' of inflation will also come into play again."

"And all these actions have given the central bank the conditions to further stimulate the economy and release loose monetary policy."

"That is to say, the current macro capital situation will not remain unchanged, but...in the near future, it will usher in an inflection point."

"As for the thesis on macroeconomic recovery, you have already said it just now, so I won't repeat it."

"Finally, on the emotional side..."

"Market sentiment, in essence, follows the market's money-making effect."

"The market has the effect of making money continuously, which means that most of the investors in the market can make money temporarily, so everyone's confidence in the market outlook will naturally become stronger, and emotions will naturally become stronger and stronger. Intense, more and more optimistic, the same... When the profit-making effect of the market is low, and the effect of investors losing money in the market is obvious, then everyone's views on the market outlook will naturally become more and more pessimistic."

"It's a natural, human reaction."

"But at the current market node, driven by the two main market trends of 'infrastructure' and 'state-owned enterprise reform', is the profit-making effect very weak? Not necessarily!"

"Since the macroeconomy is gradually recovering, the capital is gradually approaching an inflection point, market sentiment is driven by the effect of making money, and investor confidence is getting stronger..."

Su Yu paused, and finally smiled and said: "Then why can't you take a high look and imagine the bull market?"

"Bull market!" Hearing this long-lost word, Lin Tingzong was stunned before he came back to his senses, "After six consecutive years of continuous bear market devastation, trillions of locked-up stocks have been deposited in the market, coupled with the continuous blood draw of IPOs, I'm afraid it's not that easy to have all kinds of market chaos without order?"

"Dreams are still necessary, what if they come true?" Su Yu said with a smile, "I have been pessimistic for 6 years, since now I can see a glimmer of light in the dark, why not be optimistic?"

"Haha, Mr. Su is right!" In Su Yu's final conclusion, Qi Shi, chairman of Oriental Fortune Group, accompanied by its general manager Zheng Likun, walked into Su Yu's side, and stretched out his hand with a smile, "Famous It's better to see, Mr. Su is really in high spirits, young and heroic!"

Su Yu took a careful look at one of the future financial giants, smiled and shook hands with him, and said, "Mr. Qi has praised you, and I am very famous as Mr. Qi!"

"Haha, Mr. Su is really polite." Qi Shi smiled, "Mr. Su is honored to come to the meeting today, it really gave me Qi someday great face, it can be said to be full of glory!"

After the simple greetings of the two of them...

Qi Shi said with a smile again: "It's really admirable to hear Mr. Su's grand statement on 'financial technology' and 'bull market' just now. In fact, our 'Oriental Fortune Group' is also based on serving the public and making technology change. Finance, a development policy that makes investment easier, is operating."

"For this round, I asked Mr. Zheng to convene all the big names in the asset management and investment industry. The first is to allow everyone to communicate better, and the second is to cooperate with everyone."

Speaking of which, Qi Shi plans to rely on the existing investor groups of the Oriental Fortune website to develop a plan to develop a fund trading section. He told everyone that the simple appeal is naturally that he provides fund products for various asset management institutions. Open up a traffic portal to facilitate the subscription and sales of various funds, but the same... The website also needs to extract corresponding commission income.

For this idea put forward by Qi Shi...

Product managers of private equity and public equity funds are naturally happy to see and participate.

After all, the financial trading market is currently cold and fund products are hard to sell. It is naturally a great thing for them to have a precisely positioned traffic portal for direct access.

Of course, Su Yu is not very interested in this. After all, the two fund products under his management are not worried about selling at all.

On the contrary, Qi Shi tried his best to invite the fund products managed by Su Yu to join, and develop traffic portals for him for free. Of course... Qi Shi did this because he wanted to use the name of the two fund products managed by Su Yu to attract more A large number of investor groups settled in the 'Oriental Fortune' trading platform.

Under Qi Shi's lobbying, everyone basically agreed to his proposal in the end.

And after the win-win proposal was reached, when everyone turned the topic back to the field of market investment, Su Yu's bullish thesis began to ferment more and more among major institutional investment groups, attracting more attention and discussions.

"Your position determines your opinion. Mr. Su, if the fund product you are managing is in a short position, maybe your opinion will be different?"

"If the market ecology does not change, there will be no bull market!"

"I still remember the start of the bull market from 05 to 07. The final landing point was the implementation of the 'shareholding structure reform', which changed the basic environment and ecology of the stock market, and only then came out of the reverse pattern. Now... Although the so-called There is a glimmer of hope for a reversal in terms of macroeconomics, funds, and emotions, but there is still no movement in terms of basic but market ecological changes. This time is too optimistic... I don’t agree, no matter what!”

"Boss Su is too optimistic, right? Let alone the bull-bear line of 2500 points, it is a question of whether the index can really stand firm at 2200 points!"

"The emerging 'Internet financial management' has broken the basic threshold of credit, and has also revitalized the entire off-market private capital. It is estimated that the funds accumulated in this field have exceeded [-] billion. Such a huge scale has occupied a huge market. Incremental funds, the lack of this part of funds, the impact on the incremental funds in the market, Mr. Su probably didn’t consider it just now? Even if the central bank relaxes the monetary policy, the liquidity released, in the current situation, I’m afraid it will be difficult to flow Into the stock market?"

"Although the IPO market has been temporarily suspended, it is only a matter of time before it restarts again!"

"There are not many positives in anticipation, but there are many negatives. If the index wants to reverse and break through 2500 points in one fell swoop, it is difficult, difficult!"

"Boss Su won't be worried about the follow-up trend of the market after he bought the whole position, and wants to sing more publicly, and fool us all into carrying the sedan chair for you and taking the order?"

Amidst the turmoil of heated discussions...

Holding the wine glass, Su Yu looked at the numerous private equity and public equity institutional investment groups gathered around him with a smile, questioning, hesitating, refuting, contemptuous, or sarcasm. He was not angry at all, but looked around everyone and smiled. Raising the wine glass in his hand, he said to these people: "Someone said that even if the wealth code of the market is placed in front of him and within reach, he would not believe it. I think this is quite right. "

"Whether it's a rebound or a reversal, it doesn't matter..."

Su Yu paused, then continued with a smile: "The important thing is that I hope that after the May Day, when the market continues to break through, you can remain calm and calm, and watch the index hit 2500 points and lose your mind." Continue to remain indifferent. If...you really have such concentration, then I admire it from the bottom of my heart. Of course, if you don't have such concentration...then I also welcome you to enter the venue to carry my sedan chair for me at any time after the festival. "

After speaking, Su Yu drank the glass of red wine in his hand with a smile, then walked straight out of the crowd, and gradually walked away under the surprised eyes of everyone.

"Arrogant, too arrogant!"

Seeing Su Yu's arrogant remarks just now, some of the gathered institutional investors said angrily.

"Indeed, it's too arrogant. He thought...he is really the god of this market? Investment is a long-distance race. Without five or ten years of investment experience, how can you verify real money? This guy is only a little over two years old. Experience in the industry, right? He thought he would be a stock god if he seized one or two waves of opportunities in the market and was promoted by the market? Hehe...how did he get there?"

"The pig that flies up from the wind, really thinks he can fly. In fact, when the wind stops, the result is nothing more than falling to his death. Let's see how arrogant he can be."

"The higher you climb, the harder you fall. How can there be any magic in this market?"

"Hehe...he's still young. Look, the cruelty of the market will teach him what real investment is."

"The expansion of mentality is the biggest enemy in this market. Just watch... This young man is destined not to go far. Who can have the last laugh and survive longer in the financial trading market is the most important thing. What’s the deal with the explosive performance of the company?”

Under Su Yu's arrogant words, many veterans in the industry who rely on the old to sell their old ones, as well as many new fund managers in the industry who are not convinced by Mr. Su, sneered at Su Yu's arrogant words.

Facing these words, Su Yuquan pretended not to hear them, and laughed them all away.

Because he knows that the real trend of the financial market will not depend on people's will, and the subsequent changes in the market will teach these guys how to behave.