The investment era of rebirth

"How many chips have we reduced our holdings today, and how much money have we withdrawn?" Su Yu asked after a pause.

Li Meng responded: "The combined positions of several main funds have been reduced to about 90%. Among them, the total net reduction of chips today is 5.4 million, and the fund's available liquidity has already returned to above the 25 billion mark."

"As for the shareholding structure..."

Li Meng paused, and continued: "Our position in the core stocks of the main line of 'big infrastructure' has decreased. Similarly, the proportion of the position in the field of 'film and television media' has also dropped a lot. The proportion of popular stocks with the concept of "big infrastructure" small and medium caps, and the proportion of positions in the field of "Internet Finance" are still on the rise. The proportion of positions in the field of "military industry" has remained constant at present. , After we bought it, we basically didn’t move much.”

"Okay!" Su Yu nodded in Li Meng's report room.

"Master, the check for 'Hengsheng Electronics' is very noteworthy on today's market ranking list." While Su Yu and Li Meng were talking, Liu Yuan, who had carefully reviewed the order, suddenly said, "This check is on the Long Tiger List." The trading seats are very balanced, and today's main focus on this check is actually the trading seat of 'Yuhang Siji Road'. I remember that this trading seat also bought this stock before, but there is no trace of subsequent selling. It shows that the high probability of this fund is not to buy new positions, but to increase positions."

"This check is indeed worth noting." Su Yu nodded slightly.

"I just can't understand the logic of this check." Li Meng continued, "There are so many votes in the field of 'Internet Finance'. I never thought that this check would become the leader of this concept line. Compared with the performance expectations of the mid-term report , Growth space, volume of circulation and other factors, the checks of Huake Financial, Jinzheng, Changliang Technology, and Yinjie Technology of the same business type are obviously more in line with hype factors."

"'Yuhang Four Seasons Road' attacked this check. It shouldn't be the 'Internet Finance' conceptual attribute of this check, right?" Zhao Lijun thought for a while and then continued, "But there are no other hype factors on the market at present. Showed, or there is no sign of linkage with this stock in other directions."

"Could it be that there are potential big benefits?" Wang Can guessed.

Zhang Guobing thought for a while, shook his head, and replied: "It should not be driven by the good news. After all, the good news is driven by suddenness. , the trend will not be such a slow increase in volume, continuous upward attack, a step by step increase in volume and daily limit trend, but a rapid increase, a shrinking increase in a straight line. "

"It's not driven by the potential positive news, so what is the motivation for the 'Mr. Zhang' who is focusing on this check today to continue to increase his position in this stock?" Wang Can was confused, "Could it be that he is simply optimistic about this stock?" stock, or think that the stock’s mid-year report performance is very good, and will greatly exceed market expectations?”

Zhu Tianyang was silent for a while, and only then responded: "I have carefully studied the main business structure and historical performance of these stocks such as 'Hengsheng Electronics, Huake Jincai, Jinzheng Shares, Yinjie Technology, Sunlight Technology' and so on. There's a whole 'financial software' industry going on, and a performance validation model."

"I found that this subdivided industry has a relatively obvious characteristic."

"That is their revenue performance, which is mostly confirmed in the fourth quarter. The other quarters actually cannot reflect the performance revenue and profit of the whole year."

"Although the current segmented industry benefits from the fact that all traditional financial institutions are developing handheld clients."

"The new business orders of these related business software development companies are also in the process of a short-term outbreak, but what is the real situation in terms of performance response? In fact, market expectations are still relatively hazy, and the entire market is very concerned about this. The expectations in the field are not so hot."

"In terms of relative expectations, investment expectations in this field are far lower than those in the field of 'smartphone industry chain' and other conceptual fields of 'mobile Internet'."

"So, if it is purely hype based on the logical expectation of the line of 'Internet Finance'."

"The market trend of the 'Hengsheng Electronics' check should not be so strong, because in this direction, the current market does not have much room for expected differences."

"Of course, it is even more impossible to hype the logical line, which will be the performance expectation of the interim report."

Hearing Zhu Tianyang's analysis, Su Yu nodded slightly, appreciating it, and then asked again: "Yang Tianyang, why do you think this stock has been favored by leader Zhang of the 'Siji Road' continuously, and why is it so popular today? When the performance of the entire popular mainline field in the early stage is not good, the market is closed against the trend, which directly drives the strength of the entire "Internet Finance" concept sector? What do you think is the important logic behind the continued strength of this check?"

Zhu Tianyang was full of confidence, and responded with a smile: "I think it should be the underlying hype logic derived from the equity structure of this check."

"In terms of shareholding structure?" Wang Can was taken aback.

"You mean... Ah Li Baba?" Li Meng responded instantly.

After the shareholding change of the Hengsheng Electronics check in the past two years, the controlling shareholder behind it has now become Ali Baba. It can be said that this check is the most pure "Ali-type" stock in the two cities, and it is indeed Is a pure 'Ari Baba concept' stock.

"Hmm!" Zhu Tianyang nodded, "Only this explanation and logic makes sense, and I heard that Ali Baba Group has passed the listing inquiry stage in the US stock market, and it should be next month at the latest, or August or September. It will officially land on the NASDAQ market in the US in the coming month.”

"Mr. Zhang of 'Four Seasons Road' used to be mainly active in the financial trading market, which was mainly the Hong Kong stock market."

"On the news side..."

"I guess Zhang Mengzhu should have received some definite news, so he continued to invest heavily in the stock 'Hengsheng Electronics'."

"Mr. Su..."

Having said that, Zhu Tianyang turned his eyes, stared at Su Yu seriously, and continued: "With the re-listing of the domestic Internet giant 'Ari Baba', the corresponding concept stocks will definitely be pushed to the forefront. This is the current market Above all, a relatively definite concept hype direction.”

"Moreover, it just so happens that the core concept stock is the check for 'Hengsheng Electronics'."

"I think we can actually take advantage of the hype concept of 'Ari Baba' in the market, and before it has been discovered and recognized by the market, we can intervene first, and use this as a starting point to cooperate with Zhang Mengzhu's seat influence, Pull the line of 'Internet Finance' and expand the market situation step by step to the direction of our fund-led early popular main line."

"After all, in the minds of the majority of investors in the current market."

"The line of 'Internet Finance' is closely linked with the two lines of 'big infrastructure' and 'military industry'."

"At the same time, looking at the data of the market's dragon and tiger rankings in the past two days, as well as the overall market trend, the group of main institutions that focus on 'small and medium-cap concept growth stocks' seem to have deliberately avoided the main concept of 'Internet finance'. I think it is probably because we have built large-scale positions in this direction in advance. They feel that we are leading in this direction, so they are unwilling to intervene, so they collectively chose the "smartphone industry chain" and "Internet software", The three fields of 'film and television media' are the main breakthrough directions."

"In short, the check of 'Hengsheng Electronics' and the whole concept of 'Ari Baba', we can take full advantage of it at this moment."

"And today's market data on the dragon and tiger list..."

"The most valuable stock on the list, I think it is indeed the check of 'Hengsheng Electronics'."

"Be careful!" After listening to Zhu Tianyang's analysis, Zhang Guobing's eyes suddenly lit up, and he said excitedly, "Mr. Su, in the current market, the majority of investors have realized the huge divergence between the Shanghai stock market and the Shenzhen stock market. , and according to market trends, many major institutional groups are indeed deliberately avoiding the main line of our 'Yuhang System', and finding new ways to make breakthroughs from other directions."

"As for the direction of 'big infrastructure', the current adjustment is not over, and the upward expectations are not enough."

"If we want to maintain the enthusiasm of our fund's leading market direction, it is more realistic at present, we really have to start from the line of 'Internet finance'."

"But if we want to continue to leverage the line of 'Internet Finance'."

"With 'Hengsheng Electronics' as the starting point, it is undoubtedly very appropriate to pull out the hype branch line of 'Ari Baba Concept' that no one is prepared to continue to stimulate market hype sentiment."

"The current market has formed the hype expectation that the market in the main line of our entire 'Yuhang System' will be linked with each other. As long as we successfully pull out the hype branch line of 'Ari Baba Concept' and successfully stimulate market hype sentiment, then We can use this as a fulcrum to re-spread sentiment to the main market sectors such as 'Internet Finance', 'Military Industry', and 'Big Infrastructure', which are dominated by us and have a certain linkage effect in the minds of investors."

"And, more importantly, in the entire market, there are not many core stocks of the 'Ari Baba concept', and we will not need too much capital to pull out this hype branch."

"En!" Li Meng also responded at this time, "Use a small amount of funds to explore a new concept, find a market position, and finally make investors form a huge market for the main line of our 'Yuhang System' layout field." As expected, this idea...is indeed a good one.”

Overall, after their constant baiting.

The reason why the vast number of investors in the market still cannot form consistent strong expectations in a series of mainline areas they dominate is because everyone has insufficient market expectations and confidence in the mainline areas they dominate. In recent days, there has been no sustained money-making effect.

And what if in the next few days, the concept sector that they excavated and dominated, got out of this money-making effect and expectation?
Then they can use this as a fulcrum to leverage the entire hype and spread to the entire mainline field dominated by the 'Yuhang system', and at that time... Naturally, the real breakthrough time for the market will come.

After understanding this point, everyone in the trading room more or less agrees with this logic.

After everyone had finished expressing their opinions on the resumption, Su Yu smiled, looked around everyone again, and said, "Since everyone agrees, then according to what Tian Yang said, we are in the 'Ari Baba concept'. If it can drive the hype sentiment and confidence in the market, and continue to converge on the early major mainline fields led by us such as 'Internet Finance', 'Military Industry', and 'Big Infrastructure', it will be good, but even if If it can’t be successful, if the investment is not large, the impact on the net value of our fund is not a big problem.”

After finishing speaking, Su Yu began to ask everyone to study the concept stocks of 'Ari Baba' similar to 'Hengsheng Electronics'.

And almost at the same time.

Yuhang, in a certain private villa.

As the owner of the trading seat of 'Yuhang Four Seasons Road', Zhang Jianping took a sip of tea, glanced at the freshly released data of the two cities' dragon and tiger rankings, and said with a smile: "Old Liu, you said that today's LeTV is desperately pulling Net, Huayi Brothers, Crystal Optoelectronics, etc., the institutional seats that clearly compete with the funds of the 'Yuhang Department', which institution in the industry is it? This handwriting...is really scary."

"Why ask me?" Sitting next to Zhang Jianping, the middle-aged man whom he called 'Lao Liu' smiled and said, "Don't you already know it?"

Zhang Jianping put down the teacup in his hand and said: "I'm not really sure, I just feel that the fight between these two 'fairies' is not necessarily a good thing for the overall market trend, but the funds of the 'Yuhang Department' have turned out today. I’m still in Masukura, and I’ve obviously noticed the check for the ‘Hengsheng Electronics’ we’ve laid out, which still surprises me, this President Su of the ‘Yuhang Department’ really has something!”

"It's definitely not a fluke that people can get to where they are today." Lao Liu said with a smile, "Besides, the reason you offered the 'Hengsheng Electronics' check today is to let the other party notice and dig out the back of the check. Logic, so as to carry the sedan chair for the chips you participated in?"

"Although this is the case, the opponent's sense of smell is still too shocking." Zhang Jianping responded.

"This is the top market trader!" Lao Liu sighed, and then said, "Tomorrow's market should be very exciting. The group of organizations after the offline investment strategy meeting in Shanghai will collectively focus on the 'smartphone industry chain. ' and the lines of 'Internet software' and 'film and television media' as a breakthrough, I'm afraid it will be a miscalculation."