Rebirth of the investment era

"Looking at these two products under 'Yuhang Investment', Mr. Su's trading techniques are too extreme, right?"

Seeing that his company's main fund product was instantly pushed to third place in the industry's annual performance rankings by the 'Yuhang No. 1' Fund and 'Yuhang No. 2' Fund, losing the attention it deserved, the trading group Chang Mou Zhengxing was very dissatisfied and complained: "10 billion funds are bet on a main line, let's see how he ships!"

In the financial trading market, when the amount of funds is too large, it will often be easy to enter but difficult to exit.

What's more, the overall liquidity of the current market is not high.

Coupled with the huge influence of ‘Fortune Road’.

If the subsequent market continues to go up and 'Fortune Road' massively reduces its position, once it appears on the Dragon and Tiger list, the huge follow-up effect of 'Fortune Road' will severely restrict the market, which will also greatly Restricting the liquidity of market sellers makes it difficult for major institutions with excessive funds on the market to exit smoothly.

"The two main lines of 'infrastructure' and 'state-owned enterprise reform' involve hundreds of stocks in the entire market. According to the position data released by the 'Yuhang No. 1' Fund and 'Yuhang No. 2' Fund, their core holding stocks are, Basically, they are all mid- and large-cap stocks with relatively large circulation." Fang Xinsheng came back to his senses and continued, "For these mid- and large-cap stocks, as long as the market lasts longer, they are not greedy for the final profit. Lan, don't let the seat of 'Wealth Road' appear in the market selling seat easily. 10 billion funds are distributed in dozens of stocks. It takes ten days and a half to slowly exit the position and lock in the winnings. There is no such thing. Any questions.”

"And this Mr. Su..."

Fang Xinsheng paused and then said: "Based on his past experience in speculation on many main lines such as 'mobile Internet', 'smartphone industry chain', 'Shanghai Free Trade Zone', etc., this person has a good grasp of the market's selling points. It is also admirable that often when the seat of 'Wealth Road' appears on the selling seat of the Dragon and Tiger List, the fund product in his hand has already completed its mission."

"Hey, I didn't think so before..."

"But now I have to admit that there are still natural trading geniuses in this market."

"This person started from scratch, and within one year, he managed a scale of tens of billions of assets. He has made gains every time he attacks. It is not just pure luck."

"Well, it's useless to complain." Fang Xinsheng took a deep breath and continued, "Let's study the data released by President Su. His 'Yuhang No. 1' fund and 'Yuhang No. 2' fund The specific holdings of stocks, this person's trading techniques are sharp and decisive, and he is extremely keen on the main market trends. At present, everyone's attention is focused on the two main market lines of 'infrastructure' and 'state-owned enterprise reform', but Maybe... there are potentially huge investment opportunities in other directions."

"The manager is saying..." Mou Zhengxing's eyes flickered and he replied, "This is the 'military industry' line?"

In the fund holding data released by Su Yu, there are multiple main directions. Among them, the two main lines of "infrastructure" and "state-owned enterprise reform" are heavily held, and the market speculation is booming. Needless to say, other "mobile Internet" and "smart intelligence" Several main lines, such as the mobile phone industry chain and Internet finance, have been speculated many times last year. After the market style changed this year, the market verification during this period has proved that these main lines will not be able to make money in the short term. , there is no market synergy, and there is no big sustained market.

So, the rest...

Among the fund position data released by Su Yu, the only one that still has certain potential investment opportunities is the 'military industry' line.

"I'm not sure." Fang Xinsheng replied, "You have to do some in-depth research before you can judge. At least... Judging from the position data published by the other party, I don't understand the logic of the positions in the field of 'military industry', but I can't understand the logic." I don’t think this Mr. Su will build positions randomly. I guess he... must have certain ideas about the field of 'military industry'."

"But in the field of military industry..." Mou Zhengxing thought for a while and said, "According to the historical market conditions in this field, sustained market trends in the military industry are often driven by market news, but currently, or even expectedly, in the second half of the year , there doesn’t seem to be any major good news in this regard, right?”

In the field of military industry, due to the confidential nature of its own listed companies.

As a result, all aspects of information and disclosure of performance expectations in this field are very closed-off, and it has also caused variability in investment logic in this field.

In other words, unless there is strong news to drive expectations, it will be difficult for this area to be sustainable, which is not favored by the main funds of the market and investment groups, and where it is difficult to have a clear guarantee of performance growth. market conditions, let alone main linear investment opportunities.

Therefore, compared to what Fang Xinsheng said, there may be greater investment opportunities here.

In his heart, he still prefers Yuhang to invest a series of funds. After the previous trial position, the market did not rise and the final position was not reduced.

After all, judging from the position data published by the other party...

The holdings of Yuhang Investment First Series Fund in the military industry are smaller than those of the early popular concepts of 'mobile Internet', 'smartphone industry chain' and 'Internet Finance'. It is unlikely that Yuhang Investment First Series Funds, the main direction of deliberate investment.

"From the news, no one can tell clearly." Fang Xinsheng said, "Let's study it in depth first. If there is a chance, we can try to make a layout and seize the first move. If there is no chance... it will not have much impact."

"Anyway..."

Fang Xinsheng paused for a moment, and then continued: "Faced with such an opponent, when the opponent actively exposes all position data, we cannot take it lightly and simply ignore the investment logic that we do not understand."

"Well, okay!" Seeing that Fang Xinsheng was determined, Mou Zhengxing could only nod in agreement and continued, "Then I will ask the market analysts and traders in our trading department to collect more information on the military industry. .”

When the two of them were discussing the position data released by the 'Yuhang First Series' fund, they were setting their sights on the 'military industry field'.

At this moment, in the Magic City, inside Zexi Investment Company, Xu Xiang stared at the position data of the two funds of the 'Yu Hang Group'. After thinking about it for a while, he couldn't help but turn his attention to the 'Military Industry Field' section and the 'Yu Hang Group'. 'The fund holds several stocks in the military industry.

"Military industry!" Xu Xiang whispered, somewhat puzzled, "Why are there positions in this field?"

Zhou Kan, who was beside Xu Xiang, heard the boss's question and felt a little puzzled. After pondering for a moment, he couldn't help but responded: "Could it be that Mr. Su, who was invested by Yuhang, accidentally tried to test the position in the main line direction selection before?" What? After all, judging from the position data they published, their positions in this field are very low, accounting for less than 2% of the total fund positions. Comparing the positions of the two core main lines of 'infrastructure' and 'state-owned enterprise reform', it is basically It’s negligible.”

"According to the data they released, it is not just one fund that has a position in the military industry!" Xu Xiang continued, "Both funds have a position in the military industry. This should not be the so-called random act. Right? And according to Mr. Su’s investment style, he never makes unintended decisions.”

"Then let's..." Zhou Kan asked tentatively.

Xu Xiang thought for a while and said: "Currently, I can't see any market development opportunities in the field of military industry, and I can't find any speculation logic for intervention. Let's collect market information in this area first, and observe at the same time. We will see what happens next. In the market trend, will there be any major funds to follow up on this area?”

"If the subsequent market trend continues, this line will remain unchanged, and there will be no changes in market news."

"This means that this line does not have investment opportunities, nor is it unanimously recognized by the main funds from all aspects of the market. This also shows that the small-scale positions held by the 'Yu Hang Group' funds in this field are indeed accidental positions. , there is no deep investment logic.”

"But I always feel..."

Xu Xiang paused and then said: "The small-scale positions held by Yu Hang's funds in this field are not just blind buying."

"Well, okay!" Zhou Kan responded, "Let Lao Qiao collect market information first to see if there are any expected benefits in this regard. In short... as you said, boss, just keep paying close attention and be ready to make plans at any time."

After saying that, Zhou Kan's eyes fell on the computer screen again, only to see that at this moment, the time had moved to 5:30.

The rankings of the two cities were refreshed.

On the dragon and tiger lists announced by the two cities, popular stocks such as Beixin Road and Bridge, Shibei High-tech, and Shanghai Sanmao continue to be on the list, while mid- and large-cap mainline stocks such as MCC, China Railway, and Huagong International are left behind. The list of fallen dragons and tigers.

And according to the published data of the Dragon and Tiger rankings...

Although 'Fortune Road' and 'Fusheng Road' have disappeared again, in the market, such as 'Three Musketeers of Shenzhen City', 'Shaoxing Branch', 'Yuhang Qingchun Road', 'Shenzhen Yitian Road', 'Yanjing Road' Active hot money groups such as Outdoor Avenue' and 'Magic City Hongqiao Road' are still increasing their positions and buying, and the overall trading volume is quite intense.

Faced with such data on the Dragon and Tiger List, we also collected the position data released by the two main funds of the 'Yuhang Series'.

The vast investor groups in the entire market are not only optimistic about the two core themes of "infrastructure" and "state-owned enterprise reform", but their enthusiasm has not diminished, but has become more and more intense.

In the evening, with the shadow of short sellers shrouding the U.S. stock market, it rebounded again.

This enthusiastic sentiment in the market has become even more intense at the moment of May Day.

Many investors who held positions thought that the price limit had reached the limit again, while investors who did not hold positions began to regret not buying before the holiday.

And this bullish sentiment continues to ferment.

On May 2, the second day of the May Day holiday, Su Yu and Li Meng, at the invitation of the organizer 'Oriental Fortune Website', began to go to a five-star hotel in Yuhang to participate in the 'Future Investment' Themed offline industry investment exchange meetings and was invited to speak.

In his speech, Su Yu briefly described the changes brought by the ‘mobile Internet’ to the financial industry.

And continued to propose the future mainline investment opportunities of ‘financial technology’.

Of course, he also talked briefly about the currently hottest fields of 'infrastructure' and 'state-owned enterprise reform' when asked by everyone.

"Mr. Su, do you think the core line of domestic economic development in the future will still be the large-scale infrastructure strategy with the theme of 'urbanization construction'?" After Su Yu briefly expressed his thoughts, the president of Anzhao Fund, who also participated in the meeting, Qin Qiuyue asked with a smile, "Do you think this strategic concept can add more vitality and power to the macro-economy when the completion rate of my country's 'urbanization construction' has reached about 55%?"

Su Yu responded with a smile: "It's absolutely possible. Under the global multilateral economic structure, demand is constantly expanding. With the improvement of our country's national strength and the accumulation and progress of 'infrastructure' technology, we can definitely go out and go to the international market." Go up and compete, and this is currently being promoted at the national level.”

"Let's talk about domestic..."

"Compared with developed countries abroad, the completion rate of 'urbanization construction' will not gradually slow down until it reaches at least 70% or 80%."

"Everyone has the desire to pursue a better life, and as national strength and economy improve."

"Better transportation, better living environment, better working environment...these needs are the most simple wishes of the general public, and the government-led and investment-driven infrastructure can satisfy the general public's pursuit of a better life. Desires and needs, thereby driving the continued development of the economy. I think this route will not change under the current circumstances and there will be no problems."

"So, in my personal opinion, there are still more investment opportunities in the field of 'big infrastructure'."

Qin Qiuyue heard Su Yu's words, nodded slightly and said, "It can be seen that after all, Mr. Su dares to invest 10 billion in this field, and his views are self-evident."

"After listening to what Mr. Su just shared about investment, Mr. Su seems to be extremely optimistic about the future development direction of 'financial technology'." As Qin Qiuyue spoke, Yuhang Yinhua Public Fund Company's 'Value Investment Mixed Selection' Zhou Yang, the product fund manager, couldn't help but interjected and asked, "But when I look at the fund products managed by Mr. Su, it seems that there are not many positions in this field. Does this mean that Mr. Su has different opinions?"

Su Yu raised his eyes and glanced at him lightly, and said with a smile: "Mr. Zhou is also a veteran in the financial market. Don't you know the term 'opportunity weighing'? I am optimistic about the future of 'financial technology', but this does not mean that I must invest heavily in stocks in this field and keep holding them, right?”

"Speaking of inconsistency..."

Su Yu smiled and continued: "On the contrary, Mr. Zhou is openly bearish on the market, while at the same time he is going all out to increase his position and pursue the two main hot stocks of 'infrastructure' and 'state-owned enterprise reform'. Isn't it true that he means something different?"

"Haha...Mr. Su makes sense." Xu Zhongji from Minghui Capital laughed loudly when he heard Su Yu's words, "Old Zhou, you are silently bearish and chasing positions, but you don't It’s so moral!”