Rebirth of the investment era

"This fund is quite interesting!"

Su Yu pondered for a moment and said with emotion: "The timing and direction of the attack were quite precise, and it also opened up the concept field of 'mobile Internet', the main line of speculation, so that all the active funds in the market gathered in the core of GEM. Conceptually, it has completed the transformation of market conditions from divergence of multiple main lines of speculation to consistency."

"It's quite powerful!" Li Meng sat next to Su Yu and nodded in response, "It's a bit like what you once said, 'four or two can move a thousand catties'. This fund focuses on one sector at the right time and at the right emotional node. Stirring up the main trend really reverses the market."

"Well, let's take a look at the Dragon and Tiger List later." Su Yu said, "This fund deserves our attention in the future."

After the instigation of this fund and the final performance trend of today's market, the market has turned from a multi-sided market to a one-sided market.

And this one side is the concept of "pan-mobile Internet" with GEM as the core.

In other words, from this moment on, the main line of the market has completely shifted from the previous "Shanghai Free Trade Zone" back to the "new economy" concept hype of the GEM, which means it has returned to the previous hype path.

In the future, there is a high probability that the market will continue to deepen and advance on this hype path.

Then, until the expectations of this line are exhausted, or under the influence of external positive and negative factors, a new market switching node arrives.

Overall, after the market interweaving and various switches in these three trading days, the entire market has returned to the market development path from April to July.

In the brief conversation between the two, and in the traders' reports summarizing today's transactions.

At 5:30 pm, the new dragon and tiger list was announced.

I saw many popular concept stocks on the list, and the most eye-catching ones are undoubtedly Fenda Technology, Anjie Technology, Shanghai Materials Trading, Huayi Brothers, Far East Shares, Rongshun Shares, etc.

The list of Fenda Technology and Anjie Technology shows that Huaxin Securities Yanjing Minghua Road is the main buyer.

The Shanghai Stock Exchange Trading Dragon and Tiger List shows that yesterday's bottom-buying hot money group in the Shenzhen stock market was engaged in T trading, and hot money from Zhejiang Province was involved a lot. The overall trading volume was relatively balanced, and no one company was dominant.

The Dragon and Tiger List of Huayi Brothers shows that First Securities Shenzhen Huaxin Road Sales Department continues to buy, and Fortune Road also continues to buy.

The dragon and tiger lists of Far East Shares and Rongshun Shares show that Fortune Road is selling, and the hot money from the Magic City's "Giant Whale Gang" is buying, and they have taken over Fortune Road's orders.

"Huaxin Securities Yanjing Minghua Road Sales Department!"

When Su Yu saw the announced data of the Dragon and Tiger List, he felt surprised again: "It's this kind of funding again. It seems that people who have long been famous in this market cannot be underestimated. This Zhou Guohua is in charge of Anlan Fund." Sir, if you have a chance in the future...you should get to know him."

And as he sighed...

At this moment in the Magic City, inside Zexi Investment, in the trading room.

When Xu Xiang saw such data on the Dragon and Tiger List, he also showed a surprised look: "This check from Huayi Brothers, Ge Hongbin and Su, are still adding positions. It's really surprising. There are also Huaxin Securities Yanjing Minghua The funds on this road have accurately followed the trend several times, which is worth noting.”

"It's okay if Lao Ge doesn't take action. Once he takes action, he will definitely attack with a heavy position." Zhou Kan said next to Xu Xiang, "And he is usually not a short-term investor."

"The Huayi Brothers' data on the Dragon and Tiger Rankings..."

"It shows that both Su and Lao Ge are very optimistic about the future of this check."

"It's a pity that we don't have enough leverage on this check. It's too late to intervene at this time."

"The key point is not this one stock." Xu Xiang thought about it for a while and said, "But whether the Huayi Brothers can drive the entire 'Film and Television Media' sector, and... I have been thinking about the future of 'Film and Television Media' What is the expected logic behind the explosion in industry demand and performance?”

"If you can't understand the problem and intervene rashly, you won't be able to hold the bargaining chip or make any money."

"As you said, we are familiar with Lao Ge's operating ideas. The stocks and industries he likes should have some underlying logic in them."

"You ask Director Qiao to collect more information about this industry and various internal information."

"Since market capital has chosen this field, we have to pay attention even if we can't understand the logic of speculation for the time being."

"Okay!" Zhou Kan responded quickly.

"Oh, by the way, how is the overall increase in positions today?" Xu Xiang paused and then said, "The market refuses to adjust, and today's market conditions have shifted to a unilateral main line. The paths of various fund attacks, and the market The expectations are becoming more and more clear, and I guess... the market should officially break upward and take the main upward trend."

"This probably is……"

"This should be the last major market trend this year, right?"

"Seizing this wave of market trends, our Zexi Investment's performance should be unique in the domestic private equity industry, especially in the tens of billions of private equity scale."

"According to the original plan, the increase in positions has basically been completed." Zhou Kan replied, "Our main position targets are also mainly in the core stocks of 'mobile games' and 'mobile Internet' as originally planned."

"That's good!" Xu Xiang nodded, "Next...just wait for the harvest."

"Wealth Road..." Zhou Kan paused.

Xu Xiang smiled, interrupted Zhou Kan, and said: "Don't worry about this guy named Su. This time he is planning on two aspects. On the line of 'reorganization and backdoor', he should still have a lot of chips before he can do it." Withdraw, and when he completely stops profits and exits on the line of 'restructuring and backdooring', he will simply not be able to catch up with the main line of the GEM."

"The market has been quite chaotic these days, the concepts are mixed, and the differences are quite large."

"I guess Su himself didn't expect the vigorous concept of 'restructuring and backdooring'. Within two or three trading days, there would be a situation where funds following the trend would ebb and the market would be completely divided, right?"

"hehe……"

"With a large amount of capital, short-term speculation is not that easy. You must know how to choose opportunities."

"If he continues to be like before, wanting to occupy all the hot concepts and eating all kinds of meat, I'm afraid... he won't have the same profit miracle as before."

The investment strategies and operating methods of small funds and large funds are completely different.

People who chase emotions and are extremely short-term may not necessarily be able to control the investment of large amounts of money.

This fact has been verified countless times in the market. For example, many top short-term experts who trade five times or ten times a year will not be able to do anything once the amount of trading funds reaches billions or even billions. Repeat the previous profit miracle again.

There are even many people who are comfortable operating with small funds.

But after trading large amounts of money, it is difficult to maintain pure profits.

Xu Xiang admitted that the Fortune Road fund was very good at grasping short-term market sentiment and hyping hot concepts, but he did not think that the other party had the ability to handle billions or even tens of billions of funds.

after all……

Again, the larger the amount of funds, the more you need to know how to choose opportunities.

And this, without five or even more than ten years of market experience, without going through several rounds of bulls and bears, and the baptism of various extreme market conditions, you will not understand, and it will be difficult to do, because when you enter the financial market, you will see Opportunities, driven by profits, it is very difficult to resist the greed in your heart.

He also experienced several rounds of failures before he realized this truth.

For traders who are in charge of large amounts of funds, skills and technology are not the first factors for survival in the stock market, but patience and opportunity selection are!

"Yeah!" Zhou Kan nodded, "The boy named Su on Fortune Road is still too young after all. Those who can double in the market five times a year are like crucian carp crossing the river, but those who can double in five years are like a handful. Morning Star, if you cannot control big funds, no matter how powerful your ultra-short-term and short-term skills are, your achievements will be very limited.”

During the discussion between the two...

In the market at this time, there are a large number of retail investors.

Everyone's interpretation of such data on the Dragon and Tiger List and today's market is also very enthusiastic and intense.

At the same time, the major financial media have also given quite positive comments on the market trends. The call of "Bull Market Takes Sail" is still heard in the media news reports. It is only for the regulators to step aside and call on retail investors to enter the market. Everyone continues to speculate.

And under this rather loose regulatory mechanism.

Under the continuous reports and publicity in the financial media.

When the market itself is not bad at making money, the main line of speculation is clear, and hot money and institutions are actively participating.

The inflow of incremental funds in the market has accelerated significantly...

From September 17th to September 24th, the closing of Monday, the index continued to have six consecutive positive trends, and the Shanghai Stock Exchange Index stably stood at 2250 points, while the ChiNext Index directly stood at 1250 points, which is far from the previous period. A new high is just one step away.

During this period, whether it is individual stocks or indexes.

All showed a trend of rising volume and price.

The transaction volume of the two cities once reached a high of 131.476 billion. Compared with the lowest transaction volume of 20 to 30 billion in the two cities in March and April, it can be said to be an increase of five times.

Of course, in the meantime…

As the main line of speculation, the core concept stocks related to "pan-mobile Internet" have directly experienced a beautiful main rise in the market, setting new highs in the previous period and all-time highs one after another.

Companies such as Huaqingbao and Changqu Technology have both reached record highs. Especially for Huaqingbao, the stock price once exceeded 60 yuan. Compared with the low point during the year, the increase was nearly 5 times.

During this stage, the stock price of Wangsu Technology has exceeded more than 90 yuan, and the market value has reached nearly 18 billion, becoming the real core weight among the GEM constituent stocks.

During this stage, the stock price of Fenda Technology has also soared all the way to the 60 yuan mark, breaking through a new historical high. At this high level, not only has it been sought after by hot money in various markets, but also institutions have increased their positions significantly, and the general manager of the company's products , and even on social media, he announced a three-year goal of 100 billion for his company.

Huayi Brothers' wholly-owned acquisition of Yinhan Technology has been fully implemented; LeTV's move to enter smart TVs and create an intelligent ecological platform is also gradually implemented, causing the stock prices of these two stocks to rise steadily, surpassing historical records. The new high has driven the entire 'film and television media' sector to advance by leaps and bounds.

A number of 'Apple industry chain' stocks such as Anjie Technology, Xinwei Communications, OFILM Technology, Goertek, etc., are also continuing to welcome the news bombardment of the newly launched Apple smartphones and the continued hot sales of wearable smart electronic products. Hot money and institutions came together to attack, setting off a wave of extreme hype about the "Apple concept" during the consecutive positive indexes.

After the trend of "restructuring and backdooring" receded, the stock of Xinwei Group embraced the "4G concept" amid the market's hot emotional hype, and continued to maintain a continuous trend without releasing any energy.

Faced with such an overwhelming market trend...

The 'Yuhang No. 1' fund managed by Su Yu, even if it only remained near the 80% position line, after six consecutive trading days of positive momentum, it still achieved an overall profit of 25%, and the net value of the fund was reduced from liquidation to The 'Shanghai Free Trade Zone', the main line of speculation, rose to 10.02 from 8.02, and the overall fund size reached 4.008 billion, completing the 10-fold growth target in the initial stage.

"Mr. Su, the net value of our company's fund... has increased to 10 times."

After seeing the fixed market conditions and the huge total market value of 4.008 billion in the fund's main account, Li Meng felt extremely shocked and reported to Su Yu with a smile.

"The net worth has exceeded 10?" Su Yu looked quite shocked when he heard this, "That's the case... then our first phase goal has been achieved, and coupled with the current market's hype path, it has become a famous brand. We can now disclose fund net worth and position data on time."

"at the same time……"

Su Yu paused and continued: "It is also time to implement the fundraising work for the second fund."

"Reveal it now?" Li Meng hesitated.

"Yes!" Su Yu said, "The stocks we hold are basically already well-established. Funds from all walks of life have gathered, and the market is not small. We are not afraid of attacks. Moreover, we have to implement the fundraising work of the second fund. Then we have to rely on the net value performance of the first fund to build momentum.”

Su Yu chuckled and said: "In one quarter, we started with 400 million, 10 times the net worth."

"I think... this performance is unique in the entire market this year, right?"

“In addition, the media has been blowing the ‘bull market’s sailing’ trend recently, and the market conditions are indeed going very well. The three major indexes, Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index, and ChiNext Index, have turned out to be strong, both technically and emotionally. A breakout, a condition where the upward trend is accelerating.”

"That is to say, investors from all walks of life who believe in the 'Bull Market Starts', including the majority of retail investors."

“They are stepping up their efforts to enter the market.”

"I heard that in the past two days, there have been long queues of people opening accounts at the Fusheng Road Sales Department of Huaxin Securities and the Fortune Road Sales Department of Huashang Securities. Especially the number of people with GEM trading permissions has increased dramatically."

"Under such sentiments, the talk of 'bull market' is already very strong."

"And with the help of this sentiment and market performance, as well as the net value performance of our first fund, the second fund's fundraising will definitely exceed expectations."

"Okay!" Li Meng nodded, "Then I will disclose it on time."

After speaking, Li Meng fully disclosed the hidden fund net value curve, net worth, position data, etc. to the investors of the 'Yuhang No. 1' fund.

At the same time, with the disclosure of the net value of the ‘Yuhang No. 1’ fund.

Its net worth ranking on the domestic private equity fund rankings has jumped from being ranked among a dozen funds of similar size to being ranked first on the list, and its disclosed net worth far exceeds that of the second-ranked 'Manniu No. 1' fund. The situation of riding a horse without any dust.

"Damn it, net worth performance of 10.02!"

In the disclosure of the net value of the 'Yuhang No. 1' fund, all investors who invested in the 'Yuhang No. 1' fund, as well as the entire domestic private equity investment community, and even all practitioners in the entire domestic fund industry, felt their hearts bursting with excitement. , it’s simply unbelievable!

PS: There is only one chapter today. I will review the ideas behind it, listen to comprehensive suggestions, and speed up some of the story plot and rhythm! (I should add a chapter tomorrow!)