Rebirth of the investment era

“I didn’t expect that Fortune Road is the leading player in today’s market!”

The moment the Dragon and Tiger List data came out, Tu Yuanhua, general manager of the proprietary investment strategy and trading department of Huaxin Securities in Yanjing, couldn't help but sigh: "1.8 billion! What a big deal! At this juncture, this Mr. Su... is really calculating. Those who turned the tide and saved today's market, Joaquin, Huijin, and the China Securities Regulatory Commission must really thank Mr. Su."

"It can indeed be regarded as turning the tide!" Next to Tu Yuanhua, chief analyst Zhou Huaiming chuckled, "If there was no leveraging of this capital today, the market would be very ugly, and it would inevitably be another big news! Now... …The stone in everyone’s hearts has finally fallen to the ground.”

In their opinion, today's market trend is extremely important to some people.

After all, restarting the IPO market and opening up direct financing channels in the market are tasks that must be completed, and the completion of this task must be supported by market confidence.

The internal regulatory agency launched a plan to restart the IPO market at this juncture.

It was after everyone's comprehensive consideration and discussion that the market had passed the most dangerous and difficult period, and that market confidence had been restored and could support the restart and implementation of IPOs.

And if the market today, because of the announcement of this news...

If there is a direct collapse or even a liquidity crisis, resulting in a substantial stock market disaster, it will not only slap the faces of everyone within the regulatory agency who formulated the IPO restart plan, but it will also mark all leaders as poor work and insufficient consideration. Labels that cause violent market fluctuations may even affect their future careers.

Therefore, we have the support of Joaquin and Huijin.

It’s just that everyone really didn’t expect that the protection of the market by Joaquin and Huijin not only failed to hold the market, but actually plunged the market into a deeper abyss. If Fortune Road had not brazenly taken action in the afternoon when the market liquidity was almost exhausted, buying the bottom on a large scale Tray, I'm afraid the outcome today... won't be as good as it is now.

"Yes!" Tu Yuanhua nodded, "What Fortune Road did today really made many people feel depressed, and it also saved many people's faces. This road of funds... no matter the market sense, or other aspects Your sense of smell is really sensitive and you understand the general trend!”

In his opinion……

Fortune Road today not only saved the market's liquidity crisis, but also saved the market.

Moreover, it left a good impression on many people within the regulatory agency and became an indirect contributor to the implementation of the 'market IPO restart' plan. Although this unintentional favor seemed useless on the surface, it In the future... at certain critical moments, it can often save lives.

In other words, wealth passes through this battle.

In the hearts of many big shots, they are already a source of capital that is capable, understands the general trend, and takes the overall situation into consideration.

Funds with these three characteristics will basically receive preferential treatment in terms of supervision, which will make the future development path of this fund wider and wider.

"Well, Mr. Su from Fortune Road is indeed growing at an alarming rate." Zhou Huaiming agreed with Tu Yuanhua's words and responded, "In his twenties, with such a big picture view, the future prospects... are really limitless. I feel that within one or two years, the 'Yu Hang Fund' will occupy an important position in the domestic asset management system."

Tu Yuanhua nodded with a smile and said: "It is inevitable for people who are capable, understand the general situation, and consider the overall situation to become great. This President Su..."

Tu Yuanhua paused, remembering the scene when he met the other party in Yanjing during the National Day.

He couldn't help but continued with admiration: "He's not an ordinary person! It's a pity that this person was not utilized or cultivated within our system. Thinking about it now, it's still a pity."

"Although there are regrets, there is nothing we can do about it." Zhou Huaiming said, "His innate conditions are too low. When it comes to talent selection within our system, he must pass the original level and start from the bottom step by step. General Manager Gan actually made no big mistake in this matter."

Tu Yuanhua thought carefully for a moment and knew that the talent selection system within the system was not something he could change.

He couldn't help but wrinkled slightly in boredom and stopped talking.

"Old Tu, do you think... how much money did this guy invest this time?" Zhou Huaiming knew that Tu Yuanhua didn't like to hear about the shortcomings of the collective's internal system, so he couldn't help but change the topic, "1.8 billion on the Dragon and Tiger List, Those who are not on the list probably don’t have less funds than those who are on the list, right?”

Tu Yuanhua pondered for a moment and replied: "I estimate that the purchase volume must be at least three to four billion, otherwise in that case, the entire market cannot be leveraged. In other words... there are few private equity institutions like him in the market. A person with such fast operating techniques, with tens of billions of funds, actually operates like a hot money man, violently entering and exiting, and taking his fast, accurate, and ruthless trading style to the extreme."

"Not only private equity institutions, but also public equity institutions, at the level of capital he manages, there is no one with his operating style." Zhou Huaiming said, "This guy... is really a unique figure in the entire market."

When Tu Yuanhua heard this, he chuckled and said: "You are really right. He is truly a unique figure in the entire market. In less than a year, he started from scratch to create a private equity scale of tens of billions. In the turbulent market, it is the first time in my life that I have achieved "ten times in three months" performance. Although there have been many legends shining like comets in the financial trading market over the years, no one is as good as him. With such a rapid growth rate, no one at his age has his kind of market macro awareness!"

"to be honest……"

Tu Yuanhua paused and said with a smile: "I really hope he can really grow up!"

"With a scale of tens of billions in asset management, we have laid a solid foundation." Zhou Huaiming responded, "With the ability of Mr. Su, as long as he does not rush for success and does not follow evil ways, it should be inevitable to truly grow. Even with this The scale of asset management he currently controls is ranked high within the domestic asset management system.”

"Indeed." Tu Yuanhua said, "According to current data, there are only about a hundred domestic tens of billions-level asset management institutions. They are indeed ranked high, but...the larger the amount of funds, the higher the level. The road will become more difficult, and many so-called tens of billions of asset management institutions are just stuck at the tens of billions mark. It is difficult to improve their performance and the scale of their asset management, and will eventually be gradually abandoned by investors."

"But this definitely does not include Mr. Su." Zhou Huaiming said, "Judging from his past operating records, this person's trading ability cannot be underestimated. I feel... the scale of tens of billions is not his. The pinnacle of ability, of course... In addition to the short-term, this person's long-term investment ability remains to be seen, and no one knows what the final upper limit will be."

"So... we can only look forward to it!" Tu Yuanhua said with a smile.

Regardless of whether there are differences in their views, they are quite consistent in being optimistic about ‘Yuhang Investment’ and ‘Wealth Road’.

And during the conversation between the two...

As Tu Yuanhua guessed, inside the regulatory agency at this moment.

Several leaders are also paying attention to the ‘Fortune Road’ fund and have given them quite good evaluations.

Of course, while there is a lot of discussion about 'Fortune Road' within various large institutions and regulators, the majority of retail investors in online stock forums are also concerned about Fortune Road's super move of sweeping the dragon and tiger list and buying up 1.8 billion in daily capital. , and the discussion was intense.

"Haha...it is indeed the road to wealth!"

"Let me just say, who can turn the tide in this market? Only Mr. Su from Fortune Road!"

"In one breath, 1.8 billion in buying funds on the list is really awesome! This should be the highest net buying volume for a single seat on the Dragon and Tiger list in one day, right?"

"With that group of super institutions, the highest net buying volume cannot be ranked, but it can definitely be ranked among the top in history."

"Mr. Su is amazing. He really saved the market by himself!"

"Indeed, Huijin and Joaquin are just like a ball. They will always only know how to attract banks and two barrels of oil. They have the only path to wealth. Only Mr. Su is the real soul of the market."

"The Dragon Tiger List exploded, Mr. Su exploded!"

"Mr. Su, my idol! From now on...Mr. Su is the god of the market, I say so!"

"'Wealth Road' has long been a god, who needs to say more? It is the only seat in the market and the only market trend vane."

“It’s 1.8 billion on the list, so the actual purchases must be more than that, right?”

"You don't need to ask to know that it's far more than that. I just reviewed the market and found that the stocks that moved at the same time as the stocks on the list, and the stocks that were not on the list, there are at least a dozen stocks. I feel that the funds bought by 'Fortune Road' today totaled It’s definitely more than 3 billion!”

"Fuck, 3 billion?"

"At least 3 billion, possibly far more than that!"

“Does such a large volume of purchases prove that the two core main lines of ‘mobile Internet’ and ‘smartphone industry chain’ are about to return as kings?”

"Needless to say, the king will definitely return!"

"The bad news has been realized, and the index adjustment is in place. In addition, 'Fortune Road' has massively increased its positions to buy the bottom. Almost instantly, heavy positions intervened, including Fenda Technology, Internet Speed ​​Technology, Changqu Technology, Huaqingbao... The performance of these popular stocks has exceeded expectations one after another. It is simply impossible for the two core lines of 'mobile Internet' and 'smartphone industry chain' to lead the market upward without the return of the king!"

"Damn it, why were you panicking before? If I had known that Fortune Road would be here to buy the bottom, I would have come out with a hammer!"

"That's right! I have never felt that the investment logic of the two core main lines of 'mobile Internet' and 'smartphone industry chain' is so clear. Hey... I really shouldn't have panicked before. I cut my flesh at the lowest point today. Damn it... Now my intestines are full of regrets. Every time I go back and forth, the profit of 100,000 yuan is just gone."

"I also sold when the price limit fell in the early trading, but in the afternoon when Fenda Technology was about to hit the daily limit, I felt something was wrong, so I went back. Although I made a very big reverse T, thanks to almost 20 points, I still didn't get it done. Lost the chips, now... Fortune Road has bought such a large amount of chips in the stock of Fenda Technology, and as the stock rises in the future, it should be able to make up for the losses."

"Hey, what a sin! At the critical moment, I failed to keep up with the path to wealth, and even did the opposite."

“It’s better to stay at Fortune Road and hold the chips in your hands so you can feel at ease!”

"Indeed, once Fortune Road sells on a large scale, I always feel panicked. The results also prove... As long as Fortune Road sells on a large scale, the market will inevitably plummet. Fortunately, the darkest time has finally passed. Now Fortune Road The road is recovering in a big way, and the market outlook is definitely promising!”

"Yes, the market outlook is definitely promising!"

"Don't worry if you lose track of him temporarily. I have studied the buying history of Fortune Road. After he buys, as long as he can follow up the next day, he can basically make money and exit."

"What I didn't say... I have to follow you tomorrow!"

"I hope that Fenda Technology will not hit the daily limit when the market opens tomorrow, so that I can get back the lost chips."

"Fortune Road bought the largest amount of shares in Fenda Technology, and this stock did have the strongest performance during the session today. In addition, the performance of this stock has become clear, and the stock price has a strong Logically supported, I estimate that next...this stock will become the absolute leader in the market rebound, right?"

"Absolutely. Before the bad news about the 'market IPO restart' was announced, that is, on the day when Fenda Technology's results were announced, this check had already become a rebound in the two main lines of 'mobile Internet' and 'smartphone industry chain' It’s a pity that the bad news hadn’t materialized at that time, and Fenda Technology was smashed to pieces by various profit-making and hedging funds at the daily limit.”

"The two 'mobile game heroes' Hua Qingbao and Changqu Technology are also good!"

"NetSpeed ​​Technology is also good. It has absolute No. 1 weight on the GEM and will be a giant with a market capitalization of 100 billion in the future."

"Hey, stop picking stocks. I think as long as the stocks bought by Fortune Road are not much different, if I catch up tomorrow, I will most likely be able to make money in the future."

"Indeed, as long as you buy based on the two main lines of 'mobile Internet' and 'smartphone industry chain', you are absolutely right!"

"As long as there is wealth on the way, market confidence is there. I didn't say that even though I lost money today, my position will be full tomorrow. I don't believe it. The market is here... and it can still fall."

"For some time in the future, the GEM index will definitely not fall below today's intraday low again, right?"

"Looking at the trend on June 25, today's GEM bottom is similar to that of that day. I feel that today will be the starting point of a new round of market conditions."

"Indeed, today's golden needle is quite beautiful when it touches the bottom."

"After the last round of market bottoming, there has been an upward trend for more than a month, and there has also been a continuous profit-making situation in which stocks in the 'Internet Finance' sector have generally doubled, and the big monster stock 'Shanghai Steel Union' has almost 7 If there is a new round of market prices, I believe the strength will not be worse than the previous round."

"What's not said, just one word, just do it!"

In the extremely heated discussions among many retail investor groups...

At this moment, as the core figure under discussion, Su Yu sat in the trading room inside Yuhang Investment Company, briefly reviewed the market, looked through the data on the Dragon and Tiger List, and browsed various comments on the Internet. Finally, he turned his attention to Li Meng and asked: "Today, what is the total amount of funds purchased by our company's two main funds? What position has the overall position level returned to?"

After cleaning up all the transaction data, Li Meng replied: "A total of about 4.4 billion was invested today, and a total of 32 new stocks were purchased, 12 of which are distributed among the stocks you mentioned before and let us focus on." The Internet finance sector, as well as other stocks, are all early hot stocks related to the two main lines of 'mobile Internet' and 'smartphone industry chain'."

"As for the position level..."

"Including the chips we have not completely sold out before, the two funds currently hold a total of 5.026 billion positions, and the position water levels are both around 40%."

"That's enough!" Su Yu nodded slightly, "It's a little bit more than expected."

According to his original expectations, it would be considered good to be able to buy more than 3 billion in funds today.

As a result...the two main funds frantically devoured more than 1 billion "market blood chips" during the market crash stage than he expected.

"The main reason is that regardless of the purchase cost, as long as there is a sell-off in the market, we will take the initiative to take over the offer, which resulted in our purchase volume being much higher than expected." Li Meng said with a smile, "However... judging from the closing results, and Judging from the current change in market sentiment, it is still very worthwhile to do so.”

After the market dragon and tiger list is released...

At this moment, the bullish sentiment is fermenting fiercely, and among the broad group of investors in the entire market, only a small portion are still bearish on the market.

According to this fermentation of bullish sentiment, the market will definitely have an expected trend of violent recovery tomorrow.

So... all the chips they bought today, regardless of their cost, are basically considered to be quite high-quality low-end chips.

Su Yu nodded slightly and said: "Grab the big and give up the small. This is the essence of trading. In the face of key opportunities, short-term cost fluctuations are insignificant in the end. If we hesitate for a moment today, what will happen next?" To get the same level of chips, the cost would have to be at least 300-400 million higher, and now that we have so many chips, it is equivalent to an extra 300-400 million in profit."

"Yeah!" Li Meng nodded, "When buying and selling, hesitation is indeed the enemy of trading!"

As Su Yu said...

In today's trading, if they hadn't jumped the gun early, then other major funds that discovered opportunities would definitely have flooded in on a large scale after the market shrunk at the end of the day, buying bottoms as a 'blood chip' after the market sentiment was completely vented. ...They want to get so many chips, and if the cost increases, it won't be the current point.

"Tomorrow... shall we continue to increase our positions?" Li Meng paused and asked.

Su Yu nodded and said: "The short-term negative effects of the market have been exhausted. In addition, the index has recently oversold significantly, and the emotional catharsis has been completed. There will definitely be a recovery trend in the market, although I am not sure how high this recovery trend will be. But before the funding situation is completely tightened at the end of the year, there should still be quite a few opportunities.”

"Although about 40% of the positions have reached our expectations, they are still at the beginning of the market recovery."

"You can still try to add more positions."

"I think……"

Su Yu paused and said: "It is appropriate for the two funds to maintain a water level of about half a position, so as not to miss the market, and at the same time, it can fully cope with various risks in the market."

"Okay!" Li Meng nodded, "Then we will add 10% to the position tomorrow, or in the next few days."

"but……"

Li Meng paused and then said: "The size of our two funds, compared with the two lines of 'mobile Internet' and 'smartphone industry chain', is too huge. Today alone, our investment in these two main lines is too huge." For many stocks, according to the liquidity of these stocks, the position limit has been reached. For example, Fenda Technology, Wangsu Technology, Huaqingbao, and Changqu Technology are quite liquid and the most popular stocks. , if the number of our positions continues to expand, it will not be easy to exit the market at critical moments."

"So, my suggestion is..."

"The remaining 10% of the funds for increasing positions cannot be used to buy the previous stocks."

"We must look for new breakthrough directions or other potential stocks."

"Well!" Su Yu nodded and said, "What you said is also a concern. When it comes to individual stocks, you really can't hold positions that are too extreme, otherwise you will be in trouble when facing extreme situations."

"How about this……"

Su Yu thought for a while and continued: "After adding the target stocks of the two main lines of 'mobile Internet' and 'smartphone industry chain' we selected to the limit positions, the subsequent increase in positions can be towards 'automobile' , white goods consumption' field, to shift. In the current market, in addition to the 'mobile Internet' and 'smartphone industry chain' fields, there are only these two major fields. There are still some expectations, and the subsequent macroeconomics will boost domestic demand and accelerate If the economy's internal growth capacity is enhanced, expectations in these two areas will be strengthened."

"Okay!" Li Meng nodded.

When she came up with this idea, she actually didn't expect the funds from the subsequent increase in positions to be profitable in the short term. As long as she could relatively outperform the market and make a profit, that would be enough.

The field of ‘automobile and white goods consumption’ proposed by Su Yu.

This year's performance, although compared with the two main lines of 'mobile Internet' and 'smartphone industry chain' in the direction of the small and medium-sized board and GEM, as well as the main line concept of 'Shanghai Free Trade Zone' in the direction of the main board, has not Not very eye-catching, but overall, its performance is still stronger than the market, and it is a direct beneficiary sector of the "home appliances and automobiles going to the countryside" in the national consumption boost plan. In terms of domestic urbanization and infrastructure, it is still at the forefront. Against the backdrop of leapfrog development, there is also continued demand expected in the future.

I believe that although the performance cannot outperform the core main lines of the SME board and GEM, it will not be too bad.

Moreover, the next major investment direction of the fund will still be based on the two main lines of 'mobile Internet' and 'smartphone industry chain' on the small and medium-sized board and GEM. Even if small positions are involved in the 'automobile and white goods consumption' fields, The performance is not as good as expected, and the impact on the overall net value of the fund is very small. The risk... is something they can bear.

As the two discussed their investment direction and position layout for the market outlook...

In the market, discussions about the 'Way of Wealth' and today's market conditions are still continuing, and analysts from various institutions, chief investment advisors, and financial influencers are still tirelessly singing the bullish tune on the market and publishing long speeches. Speech to incite market sentiment.

At night...

The regulators, who had been silent for a day, also expressed the view that "restarting IPOs does not mean a blood-sucking market" and strictly limited the fund-raising scale of listed companies in the early stage of IPO restarts, fully expressing that the regulators care for the market and are also looking forward to it. The market continues to trend bullish, encouraging signals to go long.

Therefore, in this situation where the bullish sentiment finally reared its head, the bearish sentiment gradually weakened.

On October 30, Tuesday came, and the market ushered in the second trading day after the news of ‘IPO restart’ was released.

At 9:15, with everyone looking forward to the market rebounding after yesterday's miracle, the two cities ushered in collective bidding.