Rebirth of the investment era

"The director is so optimistic about the future of the market?" Zhou Boyang was a little surprised.

Qian Zhongmou laughed and said: "It's not that I'm optimistic, it's the trend of the market. It has developed like this, and everyone also hopes that a bull market can solve many problems in the current economy. It is due to the trend and policy support. Then the future...should no longer be pessimistic."

"Well, that's true!" Zhou Boyang nodded, "Yes, according to the program progress, it should take about half a year to prepare for the pension fund to enter the market."

Qian Zhongmou said with a smile: "Get ready. The market conditions should be good in the past six months. I hope we can catch a good time and get the pension fund to enter the market and get off to a good start."

Zhou Boyang replied: "Okay, I will try my best to urge everyone."

The two of them were talking at the same moment...

Yanjing, Zhenhua Capital Group, inside the Xie family villa.

Xie Zhenhua, Chairman of Zhenhua Capital Group, squinted at the major securities media and financial media's interpretation of today's 'Yu Hang Group' capital attack on the securities sector, pondered for a while, and said with a smile: "I remembered meeting this boy a year ago. At that time, the 'Yuhang Investment Company' founded by this guy was just a small private equity institution with a scale of several billions, and it was only a little famous in the domestic financial circle. Unexpectedly... In just one year, 'Yuhang Investment Company', a private equity institution, has been promoted to one of the domestic capital institutions worth hundreds of billions.

And this kid...

He has also become a influential figure in the financial industry who has a profound influence on the domestic financial market and is sought after by a large number of investors and many figures in the domestic business community.

It seems that this girl Wan Ting has a better vision than me. I am really old. "

"The chairman is in his prime." Zhu Zhaoji, executive vice president of Zhenhua Capital, who was sitting next to Xie Zhenhua, said with a smile, "This President Su from the 'Yuhang Department' is indeed a figure, and as far as I know, Over the past year, this institution has not only developed rapidly in the secondary market and its asset management scale has expanded rapidly. It has also made frequent arrangements in the primary equity investment market and invested in many projects. Not long ago, it also won With the project of 'Yanjing Sankuai Online', its investment scale in the primary equity market has exceeded 2 billion in the past year.

This scale is larger than many domestic venture capital companies and private equity investment companies.

Moreover, according to the other party's market layout, I heard that the sources of funds are all the company's own funds. The other party has not publicly raised funds from the market in any form to make equity investments. "

"Based on the current asset management scale of this institution and the excess return rules set by the other party when it established the 'Yuhang Series' fund products..." At this time, Zhou Guohua, general manager of Anlan Fund, who was sitting on the other side of Xie Zhenhua, also Ying said, "Now, this institution can expect to have a net profit income of at least 10 billion this year. This net profit scale should be nothing compared to its investment in the primary market."

"The key is that this institution uses its own funds to invest in the primary market!" Zhu Zhaoji said, "What does this mean? It shows that this institution is really confident about its investment projects in the primary market. Facts have proved The vision of this organization is truly unique.

Take the investment project ‘Yanjing Sankuai Online’ as an example.

This organization cooperated with General Atlantic Capital in May and June to jointly acquire the "Yanjing Sankuai Online" project.

Less than half a year has passed now.

Nowadays, I heard that Meituan, a subsidiary of Yanjing Sankuai Online, has planned to merge with Dianping. Domestic Internet giant Tencent will intervene with capital injections and take over the equity exited by Ali Baba.

Calculated based on the valuation taken over by the Tencent Department at this time.

Compared with the valuation that this institution intervened a few months ago, it has increased by about 5 times. In other words, the institution 'Yuhang Investment Company' has only invested in the project of 'Yanjing Sankuai Online' , within a few months, its book investment profits had reached more than 100 million US dollars.

Moreover, at this time, as long as they are willing to let go of the shares of Yanjing Sankuai Online.

There are simply not too many institutions on the market that want to take over.

In addition, the other party previously participated in the private placement of 'Lixun Precision', the project of 'Tianqi Lithium Industry', the private placement of 'Oriental Fortune', the PE investment of 'Wowu Biotechnology', and several other investments it made. There is no doubt that this project will make a lot of money!

So many projects, now a precise vision.

It can only be said that Mr. Su is truly a genius when it comes to investment.

Everyone only knows that the funds of the 'Yu Hang Group' are making waves in the secondary market, but few people have noticed that in the primary market, they also attack with heavy positions and are as powerful as thunder.

In my opinion, the other party’s investment ability in the primary market is definitely not weaker than that in the secondary market.

Yuhang Investment Company is an institution.

It is also very likely that within a few years, it will become an investment giant company that is difficult to ignore in the domestic financial investment community. "

"Well, this person's investment ability in the primary market is indeed unique." Xie Zhenhua pondered for a moment and affirmed, "It's rare that the primary market and the secondary market bloom simultaneously."

"In fact, the other party's actions in the primary market have attracted the attention of many people in the industry." Zhu Zhaoji said, "It's just that this institution's actions in the secondary market are too big and too aggressive, covering up their performance in the primary market. It’s just some actions on the Internet, but the ‘Yuhang Department’ venture capital department, their company’s two venture capital managers, have already registered with various domestic venture capital institutions, and they can be regarded as well-known in the country.”

"A rising giant in the domestic financial industry!" Xie Zhenhua sighed with emotion, and then asked, "Old Zhou, this girl Wan Ting is kissing you, what is she doing in Yuhang recently?"

Zhou Guohua said with some embarrassment: "I don't know either. Chairman, didn't you arrange for someone to follow the lady?"

"I withdrew a long time ago." Xie Zhenhua said, "This girl doesn't want anyone to follow her."

"Then you'd better ask the Chen family..." Zhou Guohua hesitated, "Hasn't the young lady been getting closer to the Chen family in the past six months?"

Xie Zhenhua thought for a while and said, "Okay, I'll call and ask later."

He used to object to his daughter's association with people like Su Yu, but now... his thoughts began to change.

After all, he is old and no longer what he once was.

The daughter's future life, as well as the family business of 'Zhenhua Capital Group', will eventually be inherited by someone, and Su Yu's current ability has shown.

He felt that she was completely worthy of his daughter.

Of course, he didn't know what Su Yu was thinking, so he wanted to find out through his daughter.

Just when Xie Zhenhua felt that his daughter's vision, this time, seemed to be more unique than his own...

Far away in a private villa in Yuhang.

Chen Yao looked at Xie Wanting, who was sitting on the sofa, feeling unhappy, and said with a smile: "Mei Ting, what's wrong? Seeing that your sweetheart is famous in the domestic financial community, and seeing that the whole network is discussing the funds of the 'Yuhang Department', Are you unhappy instead?"

"No way." Xie Wanting retorted, "I'm just thinking about project funds."

Chen Yao snorted lightly and said with a smile: "Stop lying, if you ask me...since you care about others, take the initiative. I will investigate the background and identity of the girl named Li Meng next to him. It’s clear, your competitor is his partner and also his college classmate. I heard that even his hometown is in the same place. If you don’t take the initiative to fight for it, then you really have no chance.”

"I didn't think about all this mess." Xie Wanting turned her face away and insisted on denying it.

"Tingmei, you like this Mr. Su, I've known it for a long time." Chen Yao said, "It doesn't matter if a man likes a woman or not, so why should you be embarrassed to admit it? The key is that this Mr. Su now... But things are different now. If you don't hurry up now, you will really have no chance in the future.

It’s been more than half a year since we came to Yuhang.

For the past six months, you have pretended to be immersed in work, but I have seen that you have been a little absent-minded and not very happy for most of the past six months.

I originally thought that asking you to leave Yanjing and let us live together would broaden your mood, but I didn't expect...it seemed to harm you instead. "

"Cousin, this has nothing to do with you." Xie Wanting said.

"You are just stubborn." Chen Yao said, "There are so many good men in the world. I don't know why you fall in love with him. If you say that Mr. Su is really... what is his psychology? Do you like him or not... …Can’t you be more decisive?”

"It has nothing to do with him..." Xie Wanting said, "Cousin, this is just my wishful thinking. I plan to finish the things you gave me, and I will go to London to live for a while. I don't want to stay in the country anymore. .”

"London?" Chen Yao was stunned.

Xie Wanting nodded and said, "I have a friend who works at Barclays Bank in London, and she keeps letting me go there to play."

"That's fine!" Chen Yao thought for a while and said, "Go out for a walk, but my cousin still wants to say... Tingmei, you must understand what you are thinking in your heart. If you think clearly, many times, once the opportunity is missed, , there will no longer be this Mr. Su from the 'Yu Hang Department'..."

"Cousin..." Xie Wanting interrupted Chen Yao, gritted her teeth gently and said, "I know!"

Several times, either explicitly or implicitly...

She didn't think Su Yu didn't know her feelings, but the other party never took the initiative to respond.

Moreover, in the past six months, the other party has never taken the initiative to contact her.

This made her know that there was a high probability that there was no place for her in Su Yu's heart, and they were classmates, friends, and partners, so who did she count?

Since it is destined to be fruitless, it is destined to be just her wishful thinking.

Then what's the use of being nostalgic and wanting to get closer?

It had been almost a year, and she felt that it was time for her to make a decision and give up on this relationship that had never started at all and was just a one-sided crush on her.

"Hey..." Seeing Xie Wanting's appearance, Chen Yao sighed silently.

She thought for a while and said: "After finishing this project during this period, I will accompany you to Paris. It just so happens that your brother-in-law is also there."

"Okay!" When Xie Wanting heard this, her dim eyes finally had a glimmer of light.

While the two were talking...

As time goes by, countless investors gather inside and outside the market, various online stock investment discussion platforms, various internal communication groups, various offline stock discussion venues... and other places, about the 'Yu Hang System', about Su The topic of Yu is still continuing and getting more and more popular.

Of course, in this discussion.

Institutional groups that have already adjusted their positions in advance and transferred their main positions to the direction of "big finance", as well as many major financial groups that are still holding heavy positions in "infrastructure", "military industry" and other early stage chips, have completely different moods. of.

And, everyone is in the discussion.

Views on the direction of ‘big finance’, especially the securities sector.

As well as the main lines of 'military industry' and 'infrastructure', there are also a number of conceptual sector views that revolve around the main lines of concepts such as 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central and State-owned Enterprises', etc. It's completely different.

The market outlook for the securities sector is expected to be stimulated by the "Yu Hang System".

As the news continued to spread and ferment, it was quickly elevated.

As for the two main lines of 'infrastructure' and 'military industry', as well as a number of concept sections that are hyped around the conceptual themes of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central and State-owned Enterprises', Although there was no large-scale sell-off of the 'Yu Hang Group' today, judging from the 'Yu Hang Group''s aggressive attack on the securities sector, it also shows that the 'Yu Hang Group' has achieved success in these early main lines. The operation of reducing positions and taking profits.

In this way, the optimism and emotional support of the main funds of the 'Yu Hang Group' were lost.

A number of early-stage main sectors such as 'Infrastructure' and 'Military Industry' naturally began to experience a rapid decline in sentiment and expectations. Many financial groups planned to quickly reduce their positions and escape from these early-stage main sectors to avoid losing the blessing of the 'Yuhang System'. The follow-up market continues to trample.

However, the large-scale rush to raise funds for the securities sector in the 'Yu Hang Group' has strongly stimulated the hype in this sector.

Pure macro news feedback.

At this moment, there is no major news about securities or "big finance".

This has also made many large financial institutions in the industry feel puzzled. They have no idea what the opportunity is for the "Yu Hang Group" to pull the market today.

At the same time, for the subsequent large-scale transfer of positions into the main field of 'big finance'.

There was also a trace of hesitation in my heart.

After all, without the support of the heavy news, even though the market has experienced a wave of extremely intense speculation and extreme bullish sentiment in the securities sector due to the large-scale speculation of the 'Yu Hang Group', , The market will not go far if you rely solely on emotions!

This kind of situation has no real benefits and no sustained expected support from a rapid reversal of fundamentals.

Once the emotions get hot, most of the time it will be like a pile of chicken feathers.

Moreover, based on the current market sentiment reaction, it is no surprise that as long as there is no extreme bad news in the evening, the securities sector will definitely open sharply higher tomorrow.

In the situation of a sharply higher opening, we will continue to take over the intraday high level.

In the absence of good and substantial support, these main funds are somewhat hesitant.

However, fortunately, although there was no major positive news for the securities sector or the main line of 'big finance' in the evening, there were still a lot of small positive news here and there, and the trend of US stocks after the opening in the evening was It is also quite cooperative, basically opening high and moving high.

Under the influence of such evening news and external market trends.

The next day, when the market ushered in collective bidding.

I saw that in the entire market, except for the early popular main line fields such as 'infrastructure' and 'military industry', stocks in other main line fields, as well as various concept sectors, all opened sharply higher.

Among them, the index of the securities sector, which has attracted much market attention, opened directly higher at around 5%.

In particular, the two checks of 'Guangda Securities' and 'Western Securities' were all opened at the one-line daily limit position at the beginning of the call auction.

However, when the time entered 9:20.

After the two cities entered the real call auction phase where orders cannot be withdrawn, both stocks also opened their daily limits, and the opening range dropped to around 7%.

Finally, when 9:25 arrives, the two cities end their collective bidding.

Despite the deep V trend of the Shanghai Stock Exchange yesterday, the entire market investment sentiment has obviously recovered today, opening higher at 32%. Among them, the Shenzhen Stock Exchange Index and the ChiNext Index opened higher at 5%. It is near the position and performs slightly better than the Shanghai Stock Index.

In addition to the index, the performance of the main lines of the two cities, as well as the concept sector.

First of all, the securities sector, which has attracted much attention from the market and is full of investment sentiment and speculation, has its sector index fixed at an increase of 89%, ranking first in the industry sector growth in the two cities. Among them, yesterday's "Yu Hang Series" participated in a large-scale Several core stocks, 'Guangda Securities', 'Western Securities' and 'Oriental Securities' opened higher by more than 5%, and 'Western Securities' opened higher by 93%, which is just 20% away from the daily limit. Just one step.

The rest of the securities stocks...

In particular, the core component stocks, such as Huaxin Securities, Huatong Securities, Huatai Securities, Huashang Securities, etc., all opened higher and increased by around 2%, all of which were stronger than the performance of the sector index. At the same time, the stocks of each brokerage firm Compared with the previous period, the entire call auction transaction volume also exploded significantly.

For checks like 'Guangda Securities', the opening call auction turnover reached around 300 million.

Secondly, in addition to the securities sector that attracts the most market attention.

Early industry main lines such as 'infrastructure' and 'military industry', as well as concept-themed main lines such as 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', 'Reform and Reorganization of Central and State-owned Enterprises', are also affected by ' Yu Hang Department's funding has been significantly affected.

However, unlike the securities sector, the impact of the ‘Yu Hang Series’ is positive.

For these early popular mainline sectors, the impact of the ‘Yu Hang Series’ funds is completely negative at this moment.

These main line sectors, at this moment, all showed a trend of opening lower, and the indexes of the three core industry sectors of the previous main line, such as 'real estate', 'military industry', and 'building decoration', even opened lower by more than 1%. It lags behind the index performance by a large margin, and this is also the reason why the Shanghai Index's opening performance is not as good as the Shenzhen Index and the ChiNext Index when the securities sector index opened significantly higher.

Among them, within these main line sector areas.

In particular, the stocks of the "Yu Hang Group" that had heavy positions in the early stage were the constituent stocks of the "Yu Hang Group" that performed extremely strongly in the previous quarter.

At this moment, it became an area of ​​individual stocks that the entire market capital group concentrated on selling.

Like 'China Airlines Optoelectronics, China Airlines Shenfei, Aviation Engine, Huaguo Construction, Huaguo MCC, Huaguo Railway Construction, Huaguo Communications Construction, Shanghai Construction Engineering, Shibei High-tech, Beijiang Communications Construction, Gemdale Group, Conch Cement , Beixin Building Materials...' These stocks all opened lower by more than 2%.

Moreover, among them, "Shanghai Construction Engineering, Shibei High-tech, and Beijiang Communications Construction" are some of the early concept leading stocks in the "infrastructure" field.

The low opening range has reached more than 5%.

In one breath, it swallowed up all the gains that had rebounded from the panic-killing lows in the deep V trend of the market yesterday, and set a new low for today's adjustment. The market performance, from the previous strong state, directly transformed into an extremely weak market that dominated the market. The situation has attracted a lot of criticism from investors.

Finally, there are main areas such as ‘technological growth’, ‘big consumption’, and ‘non-ferrous cycle’.

Although the performance is not very outstanding, it has basically kept up with the growth of the market index, which can be regarded as the same as the performance of the general market.

As for the two major sectors of 'Sports Industry Development' and 'Secondary New Stocks', they also showed strong rebound yesterday and were the only conceptual sectors that maintained a sustained profit-making effect in the previous few trading days.

Although its opening performance was not as good as that of securities sector stocks, it was not weak either.

Among them, two core concept leading stocks like 'Leiman Optoelectronics' and 'Blue Stone Heavy Equipment' also opened sharply higher. 'Leiman Optoelectronics' opened higher with a 3% increase, and 'Blue Stone Heavy Equipment' continued to open higher. Opening higher with a 12% increase, the two stocks' market takeover effect is very good.

Faced with this opening situation of the two cities...

The majority of investors who follow the market are basically satisfied.

Moreover, when everyone saw that the securities sector index opened higher and increased by nearly 2 points, from the beginning, the main capital flow of the entire sector had a net inflow of 8.3 billion, and the desire to rush for funds and the desire to continue to increase positions also changed. The sentiment is getting stronger and stronger, and the market expectations for the securities sector are getting higher and higher.

At the same time, when everyone sees the early popular main areas such as ‘infrastructure’ and ‘military industry’.

At this moment, it has become the main killing area of ​​the market.

Countless funds that are still concentrated in the main fields of "infrastructure" and "military industry" have a rapid increase in their desire to reduce their positions and stop profits, or reduce their positions and stop losses. They all want to quickly liquidate their positions and follow up on the securities that are booming. Even in the main line of 'big finance'.

It is within this emotional reaction and the changes in everyone's expectations.

When the market's short five-minute suspension time passed and the time entered 9:30, the two cities entered the formal continuous bidding transaction session.

9:31, only one minute.

The check of "Western Securities" that the "Yu Hang Group" bought yesterday with a heavy stockpile quickly exploded to 3.2 billion. It was pushed up to the daily limit by a steady stream of tens of thousands of major buying orders that filled the entire real-time transaction market.

Immediately afterwards, at 9:32, ‘Western Securities’ sealed the daily limit.

At the same time, the entire securities sector index rose rapidly by more than 5%, and the net inflow of the sector's main funds jumped from 8.3 billion at the opening to more than 800 million.

There are also "Guangda Securities, Orient Securities, Founder Securities, Pacific Securities, Huashang Securities, Huaxin Securities, Huatai Securities..." A large number of securities stocks, at the moment when Western Securities suddenly hit the limit, the volume also exploded across the board, and they all started to pull up in a straight line. rise, fully siphoning active funds from the entire market.

"Boss, I'm in a good mood. I feel that the entire securities sector has been pushed up by the large number of capital groups following the trend." At 9:33, inside Yuhang, Yuhang Investment Company, in the main fund trading room, Wang Can, the trading team leader of Group 1, stared excitedly at the entire securities sector and said excitedly, "It feels like the 'high-low switching' idea we have adopted to guide the market has come true!"

When Su Yu heard Wang Can's words, he smiled softly and said, "You can't say that yet. For this main line to be successful, the securities sector must fully drive the 'insurance' and 'bank' sectors to come out, and at this moment, To maintain the emotional reaction, it must have a stronger market profit-making effect.”

"As you wish..." Li Meng turned his head and looked at Su Yu, questioningly.

Su Yu responded with a smile and a firm tone: "All trading groups, please continue to increase your positions and buy chips in the securities sector. Countless follow-up funds have gathered for the 'Guangda Securities' check. There should be no suspense at today's limit." We don’t need to worry too much about protecting the market.

Today, our important responsibilities must be placed on the checks of "Huaxin Securities, Huashang Securities, China Pacific Insurance, and Ping An Insurance".

Only the market gains and money-making effects of these core weight stocks can be achieved.

Only in this way can market sentiment be further intensified!

The entire "big finance" main line needs to be coordinated, and the two major sectors of "insurance" and "banking" also need to be lured.

Also in the direction of 'Internet finance', the checks of 'Hengsheng Electronics, Oriental Fortune, Flush, Jinzheng Shares, Yinjie Technology, Changliang Technology, Shanghai Steel Union...' also need to be coordinated.

Since we are going to do this line of ‘big finance’, we have to do it vigorously.

The Shanghai Stock Index is only 100 points away from the 3,000-point position. If we want to truly hit the market of the 'big finance' line, completely replace the popular main lines such as 'infrastructure' and 'military industry' in the early stage, and continue to siphon market funds, then You have to pull out the continuous money-making effect in one breath.

Take advantage of this magnificent momentum and hot market sentiment.

Let the "big financial" line bring the Shanghai Stock Index to 3,000 points, directly opening the curtain of the "bull market", allowing the expectations of the bull market to fully ferment and penetrate into the hearts of all investors in the market. "

"But in terms of the current market macro news, there is no major positive support in the direction of 'big finance'!" Li Meng said with some worry, "We rely solely on our financial advantage and make tough orders. If funds and market sentiment follow suit, there will be some changes." In the event of a recession, we alone may not be able to handle the huge volume of the entire 'big financial' main line."

Su Yu's eyes flashed with sharpness, and he said with a smile: "This afternoon, the central bank will have an internal monetary policy meeting, and there will be big benefits... there will definitely be!"

After saying that, Su Yu turned his eyes to the members of the trading team in the trading room.

When these members of the trading team saw Li Meng, the company's second-in-command, who was also the fund manager, they stopped talking. The two reached an agreement, and they couldn't help but respond one after another. They quickly typed on the keyboard and continued to transfer huge amounts of money into the fund account. Funds poured into the core stocks that Su Yu mentioned just now, as well as the mainline component stocks of 'Big Finance' that had been opened and held before.

And with the "Yuhang System", the extreme increase in positions has been followed up again.

At 9:40, the securities sector index, which had already risen by more than 78%, once again surged upward, surpassing the 3% market increase.

At the same time, insurance and banks made changes.

Two heavyweight stocks, China Pacific Insurance and Ping An Insurance, surged by 2 points in one minute.

There are also Chinese Commercial Bank, Huajian Bank, Huatong Bank, China Commercial Bank...a number of core stocks also fluctuated and rose rapidly. On the stock market of each bank, there were thousands of large orders, even 50,000 lots and 100,000 lots. Customers buying super large orders appear frequently.

The same is true at this moment.

The 'Internet Finance' sector also rose rapidly, keeping pace with the rise in the securities sector index.

Concept stocks such as 'Oriental Fortune, Flush, Hengsheng Electronics, Yinjie Technology, Jinzheng Co., Ltd., Shanghai Steel Union, Changliang Technology, Tianyu Information...' have attracted extreme fundraising speculation from the main financial groups. In particular, the 'Flush' check increased by 5 points in one minute and went straight to the daily limit.