Rebirth of the investment era

"I am really flattered by what Mr. Qian said!" Su Yu said with a smile, "Anyway, I would like to thank you all for your strong support to me and 'Yuhang Investment' over the past year. At the same time, please rest assured that no matter when , regarding the performance of the company's fund products, both I and everyone in the company will go all out to live up to your trust in our 'Yuhang Investment'."

After the company was established, in the past year.

This group of local bosses in Zhezhou, headed by Mr. Qian, are basically senior investors in the ‘Yu Hang Series’ fund products.

Of course, it is also the most important part of Su Yu's interest network and network of contacts extended through its fund products in the company's business development plan. Therefore, in the face of everyone's enthusiasm, even though the financial support of these people at this time is no longer able to support the company The development of fund products played too big a role, but Su Yu still gave everyone the greatest respect and lowered his profile slightly to maintain this network of community of interests.

"We naturally have complete trust in Mr. Su." Among the crowd, a Zhejiang business owner named 'Mr. Qiao' said with a smile, "In the current domestic asset management industry, there is no other company as good as 'Yu Hang' It's a fund product, as long as Mr. Su is willing to accept our investment, no matter how much money it is, it's just a matter of a word from Mr. Su."

At present, no matter in the domestic public or private equity management industry, there is really no fund product that can match the performance of the "Yuhang Series" fund products.

You can tell by just looking at the two fund products of the ‘Yuhang Series’ in the private equity performance rankings.

And if the fund size is limited to more than 1 billion, the performance performance of the two fund products of the "Yuhang Series" will be even more unique.

Such is the continued performance.

And these people have already made huge profits by investing in the "Yuhang Series" fund products.

So, at this moment, everyone naturally wants to continue investing, replicate this profit, and let Su Yu help them create more wealth and profits.

"Mr. Qiao is right." Someone quickly answered, "As long as Mr. Su is willing to accept it, the amount of investment funds is just a matter of Mr. Su's words."

Seeing everyone's slightly excited expressions, Su Yu coughed lightly and continued: "I am very touched by everyone's enthusiasm for investment, but the company currently does not accept personal entrusted financial management business, and the company has just issued New fund products, whether in terms of trading team personnel reserves or market aspects, do not allow us to issue new fund products one after another, so... I am very sorry, but I can only accept everyone's kindness."

"Then I can only look forward to cooperating with Mr. Su again in the future." Mr. Qian responded, "I look forward to Mr. Su continuing the legend and achieving greater success in the coming years."

Su Yu nodded slightly, then raised his glass and drank with everyone.

Immediately afterwards, everyone began to intentionally avoid work and talked about the future development trends of the macro economy and industry.

At the same time, Su Yu also gave some symbolic words of encouragement to all employees in the company.

It wasn't until after 9 o'clock in the evening that everyone dispersed.

Back at their residence, Su Yu and Li Meng continued to talk about the company's investment in Weir Semiconductor and about the subsequent investment and position building after the closure of the 'Yuhang No. 3' fund. They just went to bed. At this stage, the entire In the domestic financial market, discussions about the success of the 'Yuhang No. 3' fund and today's market trend that is seriously lower than expected are still fermenting and spreading.

In this bull-short atmosphere, the next day, Wednesday, May 21, came.

At 9:15 a.m., the two cities opened lower again under the influence of emotions. In the core main areas such as 'infrastructure', 'state-owned enterprise reform', 'Internet finance', and 'Shanghai Free Trade Zone', a number of component stocks and Popular stocks also showed signs of leading the decline in the two markets again.

In particular, the two cities received the most attention and the core popular stock ‘Beixin Road and Bridge’.

After yesterday's limit-down trend, this check opened directly lower to a drop of nearly 7% today. There was heavy selling on the market, which can be said to be an extremely weak trend.

And because this popular stock significantly missed its expected opening performance.

Many popular stocks in the core main lines of the market, such as 'Beijiang Communications Construction, Kumho Group, Oriental Fortune, Shanghai Steel Union, China Fortune Land Development, Shanghai Sanmao, Gemdale Group, China MCC', have also been affected. , a serious sharply lower opening appeared, which once again dealt a blow to the bullish power of the market, which had continued to weaken.

"Damn it, it's so low, hey..."

Seeing the opening scene of the two markets, at this moment in the trading platform discussion area, some retail investors who originally had a sense of luck and thought that the market trend might not be so bad couldn't help but feel heavy in their hearts, and their hopes for the market outlook were completely shattered.

"It's hopeless. Looking at the situation, we can't hold on to 2,300 points at all."

"Haha, the Shanghai Composite Index's line of defense at 2,300 points, looking at this situation, is basically the same as Zhihu's, with no support."

"What the hell, after yesterday's market close, when I saw the data on the Dragon and Tiger List, I knew that the market trend today would definitely not be better, but I didn't expect that many stocks would open so low."

"Hey, as expected, rebound is the trickiest thing."

"Indeed, the market continued to plummet last week, and I escaped. But I didn't expect that when time entered this week, I bought the bottom on Monday and increased my position yesterday, but I was trapped at the top of the mountain."

"The check from Beixin Road Bridge is really crazy. It's either rising or falling."

"The speculation in short-term stocks is that it goes up quickly and goes down quickly. Once the hype has passed, you have to retreat, otherwise... you will definitely be trapped."

"If you want to be short-term, you must not turn the short-term into a long-term one."

"That's true. Last year, I chased the Shanghai Steel Union check. At that time, I originally thought that I would make a profit of one or two daily limit before withdrawing. I didn't expect that I bought it at a high price of sixty or seventy yuan. I didn't make any money. I was instantly trapped, and then... …I thought of waiting until I could get my money back before selling, but as a result, I waited until the stock price was cut in half. Now I’m still losing nearly 60% of my check, and I can’t even cut it off. I’m really depressed.”

"Hey, short-term and long-term are all lessons learned in blood!"

"Therefore, once the popularity of a short-term leading stock is found to have collapsed, it will have to unconditionally cut off positions and stop losses even if it drops to the limit. Otherwise, it will only make more and more losses. After all, the stock price of a stock that continues to be speculated is far away from the fundamentals. There is serious overestimation, and if you don’t know how to stop losses at this time, you will be doomed.”

"So, the Beixin Road and Bridge check is still going to fall?"

"Looking at the trend of the Beixin Luqiao check, it is obvious...the main forces are retreating, and it will definitely continue to fall."

"Hey, looking back at the trend of the sky, earth and ceiling in front of the Beixin Road Bridge, I can see that it was really a lure. The funds that were lured in by the trend that day did not make any money at all, but suffered heavy losses."

"The main reason is that the two core main lines of 'infrastructure' and 'state-owned enterprise reform' have collapsed, and the trend of dragon turning back cannot be interpreted."

"The most important thing is that Mr. Su continued to sell on the Dragon and Tiger list, which directly destroyed the last long market popularity in the market. Otherwise, the trend of Beixin Road and Bridge would not be so miserable."

"Hey, let's just go with the flow. At this time, complaining has no effect."

"If there is no support at 2,300 points, then... the index will definitely hit the 2,200 point mark to find support, right?"

"If the index continues to find support at 2,200 points, it will be difficult to generate any market trends during the trading hours later this month, right?"

"I think this month, the subsequent trading time will most likely be garbage time."

"Five poor and six unique. Anyway, it is right to be cautious these two months."

"Mr. Su has continued to reduce his position and retreated on a large scale. It would be stupid to participate in a heavy position. Anyway, I have stopped the loss completely and will most likely play with a small position. Unless I see Mr. Su on a large scale on the Dragon and Tiger List again. Buy, otherwise I won’t move my main position to invest.”

"It's good to have a short or light position, but the key is already trapped. What should I do?"

"If the index can hold on at 2,200 points below, then it won't be a big problem. I'm afraid the index will fall back to the large box range of 2,000 to 2,200 points. If we really follow this bad situation, then I don't think it matters. No matter how much you trade, you should stop the loss first at this time.”

"Hey, I almost got out of the trap, but I didn't sell it. Now I'm really stuck again."

"I didn't sell when the Shanghai Stock Index hit 2,500 points. Now I really regret it."

"No matter how strong Mr. Su's holdings of concept stocks were in the past, they are now as weak as they are. I think whether it is a arbitrage or not, the first thing that should be avoided is the high-level 'Wealth Road' concept stocks in the market."

"The trend in the past two months proves that the market only has the market logic of short-term speculation and does not have the underlying logic support of long-term investment."

"That's right. Whoever believes in the 'bull market' will be trapped at the top of the mountain."

"What the heck, this group of main funds that previously hyped the main lines of 'infrastructure' and 'state-owned enterprise reform' retreated too quickly."

"Hey, how optimistic I was before, I'm going to be so pessimistic now. I'm really convinced!"

"Facts have proven that institutional groups are not trustworthy at all. If you want to make money in this market, you still have to trust your own judgment."

"But that's not it. A person can only make money within his own knowledge."

"Fall down, I'm already in despair anyway."

"With the market trend like this, I really don't know how to issue new shares? Let's see...it is estimated that when new shares are issued, it will be a bust again."

"It's better if your hair is broken. If your hair is broken, you won't be able to continue."

"Yes, the day new stocks break, that's when the market reverses."

“Hey, I really don’t know when the year or month will be when the market will really reach 2,500 points. It’s been ten years, it’s really been ten years, and the market is still hovering at more than 2,000 points. In the world, no stock market in any country is like this. What a trend!”

"Without comparison, there is no harm. When facing a big A, it is better not to compare."

"My heart is broken. Yesterday, when the market was red, I took over Beixin Road and Bridge. I didn't expect that in just one or two trading days, I lost another 20%."

"The Shanghai Sanmao I bought is about the same, and the liquidity of the Shanghai Sanmao is worse than that of Beixin Road and Bridge."

"Novices die from chasing highs, and veterans die from buying lows. This is always a classic saying. Sure enough... In a downward trend, facing a market rebound, you should not participate."

"Hey, I picked up the sesame seeds and lost the watermelon."

"There are no sesame seeds to pick up. It's all about luring the bullies and killing them. The main force will not let those who enter the market have a chance to exit at a profit. They will either cut the flesh or be trapped to death."

"How do you say that, the flowers are beautiful, but they are just a fantasy."

"I finally understand that our big A market cannot escape the bear market pattern."

"Looking at the trend of the opening call auction, it is certain that when the market opens at 9:25, the so-called support of 2,300 points will have been broken."

"In addition to falling, it is still falling. At a glance, the entire market does not have any hot spots that have a money-making effect."

"Does finance count? Today, the 'big financial' sectors such as banks, securities, and insurance have begun to strengthen again. Alas... This market change is really neither short nor bullish. It's a slap in the face. There’s no way to start!”

"Look, finance is also a bull market, and there is absolutely no sustainable market."

"Haha, with the shrinking trading volume in this market, the prices of defensive sectors such as medicine and consumption cannot rise. How can we expect that 'big finance' will have a market? Stop dreaming!"

Many retail investor groups are almost unanimous in their pessimistic remarks...

The market trading time quickly advanced to 9:20. After the market trend induction in the first five minutes and a large number of false pending orders and cancellations, the market trend showed a trend that was worse than the beginning of the call auction in the two cities at 9:15. Tragic, except for the defensive sectors such as 'finance', 'medicine', and 'consumption', the decline in the relevant industry indexes in other industry sectors was not less than 1%.

Among them, a number of high-priced stocks on the main line in the early stage, such as 'Beixin Road and Bridge, Shanghai Sanmao, Shanghai Steel Union, Oriental Fortune, China Fortune Land Development, Kumho Group, and Beijiang Communications Construction', continued to rise in the call auction performance. Going lower, the decline in the market will become larger and larger, and the selling force in the market will become heavier and heavier.

Especially Beixin Road and Bridge and the three stocks of Shanghai Sanmao and Oriental Fortune.

The stock price of Beixin Road and Bridge continued to fall, and at 9:20, when the time entered the real call auction session, the decline directly expanded to about 9%, which was only one step away from the lower limit, and based on the market trend, it is speculated that the lower limit should be a matter of time; The Shanghai Sanmao call auction trend was even more extreme than that of Beixin Road and Bridge. Within a few minutes, its stock price fell directly from the initial 3% drop to the lower limit. As for Oriental Fortune, it completely fell in a short period of time. It has retreated to the starting position before the daily limit the day before. It can be said that the rise is inexplicable and the fall is also inexplicable.

"Look at this situation, after the call auction ends, the market's major indexes will open lower by at least 1%."

Seeing the call auction trend that the market is getting weaker and weaker, at this moment, inside Yuhang, Yuhang Investment Company and the fund trading room, Li Meng, who has been paying attention to the market trend, was a little surprised and said: "This trend is a bit too panicked. , several popular stocks that were popular in the early stage are all hitting the limit."

"After having hope and then despairing, this kind of emotional shock will naturally make investors collapse more than when there is no hope." Su Yu, who stood beside Li Meng and was also looking at the big screen of the trading room, smiled. "Panic is normal, because only after panic selling completely changes the chip structure on the market, will the market truly usher in new market opportunities and new market hopes."