The investment era of rebirth

Chapter 583 The Journey of the Bull Market (28)!

"Thank you teacher, I learned it!" Li Meng chuckled.

Seeing her sudden soft and charming eyes, Su Yu froze in his heart, and said with a smile, "If you say that, our life will be messed up."

"What does a teacher in studies have to do with seniority?" Li Meng asked doubtfully.

"Okay!" Su Yu paused for a while, not knowing how to answer the conversation, thought for a while, changed the subject, and said, "The 10 billion loan we applied for from the Chinese Mercantile Bank has been released today. In the future, we can almost proceed to acquire all the shares of 'Anzhao Fund' held by Dongfang Group."

"So fast?" Li Meng was a little surprised.

Su Yu smiled and said: "It's indeed faster than I thought. With this 10 billion supplementary funds, our company can expand its business for the time being, and we can do it freely."

"En!" Li Meng nodded, "If we can successfully acquire the 'Anzhao Fund' company, our company's asset management scale should be able to reach another level, in fact... if our judgment on the market is correct If we are sure that the 'bull market' is just around the corner, then I think we can aggressively apply for another fund product, raise funds publicly, and gather a group of funds to enter the market."

Su Yu thought for a while and said, "It's not yet time for the new fund to be issued."

"Not yet?" Li Meng asked.

"Well!" Su Yu nodded and said, "First of all, the overall breakthrough trend of the market has not come out, and the market investment sentiment and investment confidence have not yet changed from quantitative to qualitative; secondly, the transactions currently cultivated by our company There is not enough staff, and we need to step up the recruitment and training of a group of traders. Finally, our company's current main fund products have not announced their results yet, and the fund positions will be disclosed to further stimulate investor sentiment and create momentum for new fund issuance. It’s time, so... I just said that it’s not the time yet.”

"But according to what you mean, it should be that you already have the idea of ​​issuing a new fund in your heart?" Li Meng continued to ask.

Su Yu responded with a smile: "It's natural. The 'bull market' is just around the corner, and our company is already on the cusp of the market. At this time, why don't we make good use of investors' trust in us and maximize our Isn't it a pity for the company's asset management scale?"

"If the new fund is issued, how much capital do you think we can raise this time?" Li Meng asked, "And, after raising the funds, how will we plan next...?"

Su Yu responded: "It is impossible to predict how much funds can be raised, but it should be far more than 100 billion. As for the follow-up layout..."

Su Yu smiled, looked at Li Meng and asked, "Where do you think our next investment direction should be?"

Li Mengmeng thought about it, and responded: "According to our previous expectations and the macro changes we discussed before, if there is a 'bull market', the main line of investment that cannot be let go must be the 'big finance' field, and …Didn’t you say before that after the Fed relaxes the pace of raising interest rates, it is possible for our domestic central bank to cut interest rates and lower RRR? If it can cut interest rates and lower RRR, then the stimulus to the main line of “big finance” will be even more intense .”

"but……"

Li Meng paused, and then said: "The main line of the current market situation is still developing around 'infrastructure' and 'military industry', and various active funds in the market have already tapped out funds based on the 'Eurasian Economic Belt', 'Eurasian Economic Belt', "New Era Road, Maritime Silk Road" and "Reform and Reorganization of Central Enterprises and State-owned Enterprises" are the main themes of hype, which further enhances the future expectations of the two major investment lines of "infrastructure" and "military industry."

"Under the gradual deepening of future expectations and the evolution of stronger and stronger trends."

"The two core lines of 'infrastructure' and 'military industry' should continue for a long time, right?"

"Based on our current holdings in these two core areas, I'm thinking...if we move into the 'big finance' area at a relatively high level, I'm afraid it will have a big impact on the market , could disrupt the market's uptrend."

"At the same time, when we choose an opportunity, we must give up an opportunity."

"Compared with the main line of 'big finance', which has potential expectations in the market outlook, I am still unable to determine the two main lines of 'infrastructure' and 'military industry', and the main line of 'big finance', which one has the bigger and smaller market space in the future?"

Su Yu said with a smile: "The market trends of the two main lines of 'infrastructure' and 'military industry' and the market line of 'big finance' cannot be consistent in terms of trends, and it is very likely that 'big finance' riots At that time, 'infrastructure' and 'military industry' fell into a short-term adjustment phase again."

"Actually, based on the historical performance of the market in the past..."

"Even in the bull market stage, the rise of all stocks in the entire market will not be synchronized."

"If the following market really develops according to the expectations we discussed before, then we will have time to complete the two main market trends of 'infrastructure' and 'military industry', and then turn to the direction of 'big finance'."

"As far as the current market conditions are concerned, the future expectation logic of the two main lines of 'infrastructure' and 'military industry', as well as the core hype logic, have been excavated by various active funds in the market, and the hype expectations are also being followed. The stock price has risen and is in the stage of gradually cashing in."

"In contrast to the core line of the market 'big finance', the current investment logic is not very clear."

"The investment logic of 'Big Finance', as the stock index continues to break through upwards, the quantity of the market can change from qualitative to quantitative, and the investment sentiment and confidence in the market have changed significantly. "Bull market" expectations, then the investment logic of the line of "big finance" will gradually become clear."

"And, let the line of 'big finance' have a strong explosive force expected in the future."

"It is necessary for everyone to have the expectation that the central bank will continue to release capital liquidity when the 'bull market' expectations are getting stronger and stronger."

"Only by the resonance of these two conditions can the line of 'big finance' come out."

"However, the current expectations of these two major conditions are not clearly manifested at all."

"That's why in the current market, the line of 'big finance' is so weak, and when various big funds entered the market to increase their positions, they did not pay attention to this main line."

"So, before these two major expected conditions are mature, we have time to plan after completing the two main lines of 'infrastructure' and 'military industry' to promote the market."

"Okay!" Li Meng nodded, "In this case, let's do a good job of the current market first, and then talk about it in the future!"

Although according to the two people's previous discussions, the market has indeed possessed the important conditions and genes of a 'bull market', but whether the market can actually break through and get out of the bull market trend still needs the joint efforts of all parties' funds , for actual verification.

Of course, anyway...

In the two core lines of 'infrastructure' and 'military industry', the effect of making money has been achieved, and the main funds of all parties in the market have fully tapped the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'Central Enterprises' In the case of the core concept themes of state-owned enterprise reform and reorganization', the trend of the market outlook, as well as the reaction of investment sentiment and investment confidence, cannot be worse than in the first half of the year.

After the two discussed the market conditions, they chatted about other trivial topics before going back to their bedrooms to sleep.

After that, the U.S. stock market opened for trading and continued to maintain an adjustment trend. At the same time, a group of core technology stocks that have been supporting the U.S. stock market's "Nasdaq Index" all experienced a sharp intraday diving trend in the second half of the U.S. stock trading session, causing When the U.S. stock market closed, several major indexes closed down across the board.

Influenced by the trend of US stocks.

The next day, the entire Asia-Pacific stock market, which opened earlier than the A-share market, showed a trend of opening significantly lower.

At the same time, affected by the successive adjustments and continuous decline of the external stock market, and the collapse of the previously expected good investment logic of "technological growth" investment, the pre-market investment sentiment of the entire market, compared with yesterday's after-market and evening, showed a A clear downward trend.

"The external market has been adjusted for three consecutive days. Can our big A maintain an independent trend today?"

Before the market, at around 8:50, a group of retail investors gathered in the online stock investment forum, and some people raised questions in the topic discussion.

"I'm afraid it will be difficult! The index has been strong for two days, and there is a high probability that it will be adjusted today."

"The two main themes of 'infrastructure' and 'military industry', as well as popular stocks in the direction of the core concepts and themes of 'Asia-Europe Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', and Core concept stocks, today’s trend, there should still be no major problems, the key is the line of "technology growth", the peripheral market, stocks of "technology growth" have fallen sharply in recent days, we For stocks like Big A, there is a high probability that they will make up for the decline.”

"Make up for the fall? You're not mistaken. It feels like the line of 'technological growth', let's adjust it first. Look at the check for 'LeTV', three limit downs."

"Even if 'LeTV' has already hit the limit three times, but compared to future expectations, it is still ridiculously expensive."

"It's not just that the valuation of 'LeTV' is outrageously expensive, compared with the two main lines of infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'State-owned enterprises and state-owned enterprises' Reform and reorganization' these popular stocks in the direction of the core concept themes, as well as core concept stocks, and stocks in the entire 'technological growth' main line field, there is no reasonable valuation for any check."

"As far as the current position is concerned, after the investment logic of 'LeTV' collapses, sooner or later the stock price will have to be cut in half."

"Cutting at the waist is considered light, let's chop with the bare feet!"

"Anyway, for now, it's the best policy to avoid 'tech growth' stocks."

"If the two main themes of infrastructure" and "military industry" and the main themes of the core concepts and themes of "Asia-Europe Economic Belt", "New Era Road, Maritime Silk Road" and "Reform and Reorganization of Central Enterprises and State-owned Enterprises" can be supported, I feel that the index will not have any room for downward adjustment!"

"The key is whether you can hold it?"

"These popular main lines, the current core stocks, are actually not too high, and I feel that they can be supported."

"Look at the market's leading concept stocks after the market opens, such as 'Chengfei Technology', 'Yinkou Port', 'Fushun Special Steel', and 'LeTV'. No, there is nothing to worry about in today’s market.”

"It makes sense, the Prophet of the Spring River Plumbing Duck, the hot money in the market is definitely the smartest group of funds in the market and the most sensitive to the market. Their direction of trading can determine the direction of the market to a certain extent. "

"We are firmly optimistic about the two main themes of infrastructure" and "military industry", as well as the core concepts and themes of "Asia-Europe Economic Belt", "New Era Road, Maritime Silk Road", and "Reform and Reorganization of Central Enterprises and State-owned Enterprises". If the direction of the market is alive, the entire market will have the momentum to continue to rise.”

"Agreed, at this time... there is really no need to be too pessimistic."

"Not only don't need to be too pessimistic, but should be optimistic. Many people directly compare our A shares with the trend of US stocks, but they never think about the current valuation level and index position of our A shares. It is a completely different form. The big A has been in the bear market for almost six years, and now it has the characteristics of coming out of the bottom, while the U.S. stock market has been bullish for six years and is at a relatively high level. It is normal for the U.S. stock market to correct and digest valuations. It is only natural for our big A to get rid of the US stock market and go out of the independent trend. If you want me to say...the two markets cannot be compared at all.”

"Haha, that's true. Those who really compare the two markets are either stupid or bad."

"However, the trend of the U.S. stock market has a great impact on the trend of our big A, as well as the suppression of valuations in the same sector. At least no matter how you look at it, today's "technological growth" line clearly does not see a rebound in the market. hope."

"At this time, whoever buys 'technological growth' stocks must be chasing 'infrastructure' and 'military industry'!"

"Following the popular main line of the market, although it is possible to catch up with the quilt, the effect of losing money is much smaller than that of the weak main line."

"It's actually the safest to buy the stocks that Mr. Su's 'Fortune Road' once bought and has not sold yet."

"Yes, yes, this is good advice."

"Haha, I have been chasing the corresponding core stocks of Mr. Su's Fortune Road in the main line of 'infrastructure' and 'military industry' for a long time. Let me tell you... at this time, as long as Mr. Su's 'Wealth Road' is not publicly sold , the index fluctuates casually, absolutely nothing to fear."

In the midst of heated discussions among retail investors...

Unknowingly, the market time has moved to 9:15.

I saw the stagnant market in the two markets, under the attention of countless investor groups, began to bounce again, and nearly 2000 stocks participating in the transaction in the two cities all ushered in call auctions.

9点16分，9点17分，9点18分……

When the initial set bidding time, move forward minute by minute.

When 9:20 came, the market entered the real call auction session. After a large number of false pending orders were withdrawn one after another at 9:19, the situation presented by the market was significantly better than most investors expected before the market. Behave more strongly.

"'Chengfei Technology' actually opened with a daily limit."

At 9:21, Yuhang, Yuhang Investment Company, the main internal fund trading room, Wang Can was sitting at his desk, staring at the changes in market conditions, with obvious surprise in his eyes, and his eyes turned to Su Yu, who was on the sidelines, Asked: "Boss, why does it feel that the check is more connected, and the market trend and expectations are getting stronger and stronger. This is the fourth board, and there is not a lot of short-term profit-making funds for extreme selling."

(End of this chapter)