Chapter 136: Laying Out the Main Line of Future Market Trends

"Hua Chuang Xin Test has really suspended trading!"

Seeing the sudden suspension and restructuring announcement of this stock, Li Meng was surprised and said happily: "It seems that Mr. Xu of Minghui Capital made the right bet this time, and we also took a sip of the soup."

Su Yu chuckled and said, "It's all about profit, everyone gets what they need."

When Xu Zhongji told them the news, he originally expected them to maintain the stock price of Huachuang Information Testing despite the bad market situation, thereby maintaining the net value of Minghui Capital's main fund, so that the fund could survive the dawn before darkness. There is no such thing as pie in the sky, and there is no free lunch.

When they got the news and opportunity, they had already taken the risk.

"If Xinwei Group really backdoors Huachuang Xince, according to the capital market's valuation and future expectations of Xinwei Group, Huachuang Xince will have to increase by one to two times, right?" Li Meng reached this point, his eyes It lit up, "Our investment of 50 million can at least reap a profit of 50 million to 100 million."

Su Yu nodded slightly and said: "According to the popularity of Xinwei Group in the current capital market, if it really borrows money from Huachuang Xinte, it will definitely increase by one or two times, but our position in the stock of Huachuang Xinte , not much. According to the current net value of the fund, there is not even a 10% position. Even if you win this opportunity and get a profit of 50 million to 100 million, the growth of the overall net value of the fund will be very limited. "

Speaking of which...

Su Yu's eyes once again fell back to the market prices of the two cities that had closed, and continued: "So, as the size of our fund continues to expand, it is still most important to seek market opportunities and keep track of the main market trends. Yes, it’s a good thing to come across a reorganization opportunity like this. But if you don’t, there’s no need to pay too much attention to it.”

"Yes!" Li Meng responded with a genuine smile, "Indeed, in the main market, trend operation is the fundamental way to increase the net value of the fund."

"Right..."

Li Meng paused and then said: "Today, the ChiNext and the Shanghai Stock Index fell sharply again, swallowing up almost the two previous real positive lines, and there was heavy volume again. I'm afraid it will take a while to adjust again, right? Fortunately, you have been in the past two trading days. Let me try to reduce my position a lot, otherwise the net value will not be low under today’s circumstances.”

"From the lowest point of the GEM on June 25 to the rebound high point of 1123.36 points, the index has increased by almost 20%. During this period, the time span was less than 20 days, and the short-term increase was too large. , and the overall trading volume of the two cities has not continued to increase significantly during this period,” Su Yu said, “Such a profit accumulation will inevitably lead to correction.”

"Yeah!" Li Meng nodded and said, "The average increase in core sectors such as 'Internet Finance' and 'Mobile Games' has exceeded 50%. A wave of drastic adjustments is indeed needed to clean up the profit margins on the market. Reconstruct the chip structure and accumulate momentum for the subsequent rise.”

"However, in this wave of increases, judging from the data on the Dragon and Tiger List in recent days, various institutions have bought a lot."

"It seems that the main positions of many institutions have continued to migrate from the main board to the GEM, and these main institutions usually have long-term funds."

"Does this mean that although the index adjustment will be dramatic, it will not last long."

“After all, after various institutions intervened in the first wave of bargaining chips, in order to seize the opportunity, they will not let the stock prices of core stocks with good future expectations fall back to the original point when the index bottomed out. After all, if the stock prices fall back to the starting point, The original point, then their scramble for funds during this period has no meaning. "

Su Yu listened to Li Meng's analysis, nodded, and said: "You are right. The core component stocks with good future expectations on the GEM have already received a large amount of institutional funds, and the market dominance has changed from the initial hot money to the After the establishment of the institution, the stock prices of the relevant core component stocks will no longer be as straight up and down as before, with frequent fluctuations of dozens of points. In other words, there will be adjustments here, and there will be some severity, but the overall adjustment Depth, but not necessarily how deep. I guess... a retracement of about 20% at most for core stocks is about the same.”

"Then if the index continues to fall in the next few days as market sentiment weakens, should we gradually take back some of the reduced positions?" Li Meng asked, "If there is only about 20% of expected room for a retracement, today it is already In the case of a sharp decline, subsequent adjustments will be very limited.”

After these two multiple trading days of continuous lightening up.

The current overall position line of the 'Yuhang No. 1' fund has dropped from the peak of nearly 90% to about 65%. Among them, if the more than 50 million chips locked by Huachuang Information Testing are excluded, the overall position line , less than 60%, which is considered to be only half position level.

Of course, although in essence it is only almost half a position of chips.

However, the market value of the fund's positions at this time, in addition to the more than 50 million chips of Huachuang Xinte, still has a market value of close to 370 million, which is higher than the market value when the fund initially completed its position.

Su Yu thought for a while and said: "Look at the K-line shape and changes in volume. When the future fundamental expectations of each stock are still strengthening, if the volume can change from increasing to significantly shrinking, it will prove that the short-term The chip structure adjustment is almost complete, and the previously slightly reduced positions can be taken back.”

"certainly……"

"If the expectations for a change in the future fundamentals of a certain or two stocks are too strong, the stock prices will not adjust at all when the market adjusts and will continue to rise."

"As for the part of the position that has been reduced, just wait until the stock price breaks through a new high, continue to trend to the right, and then add it back."

"For trending long-term investment targets, without losing the basic position, try to be as calm as possible, and don't worry too much about the cost of increasing or decreasing positions other than the basic position."

"Yeah!" Li Meng responded, thought for a while, and continued, "But... after this period of operations, the capital volume of our fund has almost doubled. At this time, the optional investment targets are, I’m afraid we have to continue spreading out. Do you have any good ideas?”

According to the current market liquidity.

The few stocks she had discussed with Su Yu before to build a position could no longer fully accommodate the expanded capital volume of 'Yuhang No. 1'. Therefore, if she wanted to continue to maintain the fund's extremely high position operation and ensure the fund's position If liquidity is sufficient, the only option is to continue to diversify investments and add new positions.

When Su Yu heard Li Meng's words, he thought about the current fund's capital volume of nearly 780 million.

After pondering for a while, I thought of the magnificent market situation in the entire market in August under the "Shanghai Free Trade Zone" economic strategy. I knew that it was time to make arrangements at this time, so I smiled and said: "Try Let’s plan for local stocks in the Shanghai Stock Exchange, such as Waigaoqiao, Lujiazui, Shanghai Stock Exchange, Shanghai-Hong Kong Group..."

Hearing the stocks listed by Su Yu, Li Meng was stunned for a moment and asked in confusion: "Local stocks on the Shanghai Stock Exchange?"

"Yeah!" Su Yu nodded and said, "Yesterday, in the market intelligence information that Director Lin sent me, it was said that the country plans to build a free trade zone in Shanghai. Of course... this news is not necessarily accurate, it is just a market There are such vague rumors, I think... As the current market has not reacted to this information, and the news has not started to ferment, we can lurk within our capabilities. "

"Economic Free Trade Zone?" Li Meng was both surprised and shocked. "If it is true, this is a big deal!"

Su Yu continued with a smile: "If it is true, the movement in the market must be quite big. After all, such a macroeconomic strategic layout will bring about huge changes in the expected direction of some main lines of the market, and A continuous market trend will inevitably form.”

"Of course, if the market news that Director Lin learned about is finally proven false."

"Then, after we use profit-taking, the reduced capital layout, many local stocks in the Shanghai stock market that closely follow the main line of this news, have not had funds to patronize in the past one or two years, and are still lying on the floor. The stock price, after we intervene, we want to exit, except for the time cost and other opportunity costs when we intervene, there is basically no loss. "

"In other words..."

"Whether this news is true or false, in terms of the odds of profit and loss, the risk of investment, and the profit ratio, it is worthy of latent intervention."

According to the historical memory in Su Yu's mind, the country's macroeconomic strategic plan to establish the 'Shanghai Free Trade Zone' will definitely be implemented, but at this time... there is no news coming out in the market. In order to be the first, he , before the agencies and hot money who are sensitive to information grasp the best chips in the market for speculation on this main line. In order to convince Li Meng of his motives for intervening in this main line, he can only push the source of the news to the company market of Lin Antu. The director of intelligence is on him.

Lin Antu naturally didn't know that he was taking the blame for Su Yu.

And even if you know it.

Faced with the fact that Su Yu was his boss, he couldn't say anything.

Li Meng thought about it carefully for a while and felt that what Su Yu said was very reasonable. If the country really planned to establish a free trade zone in Shanghai, then this would be a unique investment opportunity in the short term to make huge profits in the market.

Moreover, since the 'Yuhang No. 1' fund has completed the initial accumulation of net value and has mastered the chips of many mainline core stocks in the market, the fund's risk ability to withstand large fluctuations in net value is already very high, which means that they use Use the remaining funds to play this possible big opportunity, and there is basically no big risk.

Just like Su Yu said...

Even if the news that Lin Antu heard about turned out to be a rumor, it would not have much impact on the net value of the fund. After all, many related stocks related to the news were still lying on the floor, with no one paying attention at all.

"Okay!" Li Meng's eyes flickered, revealing a bright light.

She was still hesitating just now. She didn't know which potential main line and which stock to invest in after the fund's capital volume expanded and continued to diversify the investment, but she didn't expect that Su Yu had already thought about the follow-up investment route. Strategy and planning.

Su Yu looked at the excitement in her eyes and said with a smile: "Since you have no objection, then we will make target selection and layout based on the fact that this information is true."

Saying...

Su Yu thought for a while and continued: "In the establishment of a free trade zone, it will be easier to select the target by divergent thinking from the companies with substantial benefits and the most imaginative ideas."

"The first ones to benefit must be the local companies in the Shanghai Stock Exchange." Li Meng continued Su Yu's words, "This defines the scope of stock selection among local listed companies in the Shanghai Stock Exchange. From the perspective of the establishment process of the free trade zone, The early stage must be infrastructure construction, logistics, ports..."

After the two of them decided on the next investment direction, they excitedly studied each other.

In the end, with the unanimous opinion of the two, they circled four core stocks, namely Waigaoqiao, Shanghai Material Trade, Shanghai-Hong Kong Group, and Lujiazui, and finally circled two second-tier stocks, namely Pudong Jinqiao and Jinjiang Investment, to form the main target stocks for the funds to attack.

Of course, among them...

As the core of the entire market popularity, the two did not miss Shanghai Steel Union, which just encountered the limit down today.

After all, this check, whether in terms of its region or business attributes, is regarded as the core stock of the "free trade zone concept", and it is also the absolute market sentiment leader and the vane of the market launch.

"I will handle the market promotion and position building plan of Waigaoqiao and Shanghai Steel Union." After drawing up the target stocks, Su Yu said, "Shanghai Material Trade, Shanghai-Hong Kong Group, Lujiazui, Pudong Jinqiao, Jinjiang Investment, etc., your trading team will operate and execute. As for the position building plan... we will build positions in stages according to the priority of the stocks."

In addition to the locked chips of Huachuang Xince, and the positions of Netspeed Technology, Fenda Technology, LeTV, Oriental Fortune, Huaqingbao, Tonghuashun, Changqu Technology... these stocks that are still held after the reduction of holdings, the current funds available for the possible speculation of the potential main line of the 'Shanghai Free Trade Zone' in the entire fund are about 350 million.

And the two people have drawn up a total of seven stocks for position building.

In total, an average of 50 million yuan of funds are needed to build a position for each check.

Compared with the current market transaction situation, this amount of funds for position building is not small.

"Good!" Li Meng fully agreed with this plan.

She is better at trend and wave operation, rather than Su Yu's micro-manipulation of guiding market sentiment and short-term violent comings and goings, so...she can't handle tickets like Shanghai Steel Union at all.

After the two of them completed the initial investment strategy, Su Yu immediately instructed other traders in the trading group.

Then, at 5:30 pm, the new one-day dragon and tiger list was announced.

Shanghai Steel Union, which has a sky-high and floor-high trend, is on the list, and the seat used by Su Yu, Yuhang Fortune Road, is undisguisedly listed as the top of the selling list, with a total of more than 78 million sold, selling most of the positions established on Shanghai Steel Union since June 25.

Of course, in addition to the 78 million chips sold.

He now has nearly 20 million chips of Shanghai Steel Union in his hand, which he has kept as the bottom warehouse for the next wave of market speculation.

In addition to Shanghai Steel Union...

On the dragon and tiger list where Changqu Technology is located, Su Yu also sold a lot of chips and was listed on the selling list.

Moreover, he also sold out Tianyu Information, which he held with his own funds, during the sharp drop of the ChiNext Index today. However, the fluctuation of Tianyu Information was not as large as that of Shanghai Steel Union and Changqu Technology, so it did not appear on the Dragon and Tiger List, and there was no trace of his liquidation of Tianyu Information.

When the Dragon and Tiger List appeared, Su Yu's Yuhang Fortune Road seat appeared in the two most popular core concept stocks in the entire market after many days.

The sentiment of short-term investors in the entire market exploded again.

"Fortune Road has cleared its position in Shanghai Steel Union! Brothers... Doesn't this mean that the market of Shanghai Steel Union has come to an end?"

"Fortune Road has cleared its position, the trend of the ceiling and floor... This is definitely over!"

"Hey, I shouldn't have chased it today. It's a big face of 20 points. It's too cruel. During this period, I finally caught such a big rebound in the ChiNext, and now... it's back to zero again."

"Didn't Fortune Road say in that analysis article before that June 25th was the day when the index bottomed out and the market turned from bear to bull? Why is this So fast... this big guy cleared out his position and fled?"

"Is this called fleeing?" An investor saw someone slandering Fortune Road in a complaint and quickly retorted, "Shanghai Steel Union's wave, from the lowest position of 12.33 yuan on June 25 to the highest position of 30.32 yuan today, has risen by almost 1.5 times in eleven trading days, and it is almost not a flat board, there are opportunities to buy and sell at any time. At this time, chasing highs and losing money, blame Fortune Road for not continuing to lock positions? Isn't this just a scam!"

"Yes, at this time, blame Fortune Road for not continuing to lock positions, it is true It's really too much."

"For eleven trading days, the only hot money that can lock up a stock for eleven trading days, and there are huge fluctuations every day, is Fortune Road. Why do you still complain about others' market crash? Why don't you blame yourself for not being able to control your greed?"

"Shanghai Steel Union is already the second wave of the market, and the market has been rising for so many days in a row, and there is obviously a need for adjustment. At this time, the highest point is buried, and you can't blame others."

"Hey, let's not talk about whether Fortune Road is right to crash the market, just talk about Fortune Road's large-scale today Does the model liquidation and profit-taking mean that the short-term market has come to an end? Does it mean that Shanghai Steel Union and Changqu Technology have no future? "

"I think the market of these two stocks should be similar. After all, no stock can rise all the time. The two waves of Shanghai Steel Union have risen by 3 times in less than two months; and Changqu Technology has gone through five straight boards since its resumption of trading, and then it has gone through three turnover boards due to the high position chasing positions on Fortune Road and the influence of seats. The short-term increase is more than 1 times, so it is time for adjustment. "

"Shanghai Steel Union's sky floor and Changqu Technology almost became a sky floor today. Such a trend is obviously a shipment trend of the main force retreating. I have never seen a stock with such a trend that can adjust in the short term. In addition, the short-term gains of these two stocks are too great, far exceeding the gains of other stocks in the market during the same period, and there is definitely no big hope in the future. "

"I don't think so. Whether it is Shanghai Steel Alliance or Changqu Technology, the current future expectations are top-notch, and these two checks... Judging from everyone's discussion, they are still the most popular and popular in the market For stocks, if Fortune Road can make a comeback and get out of the third wave of market conditions, it is not impossible.”

"I agree with what the brother above said, 'Internet finance' and 'mobile games' are definitely the biggest main market trends this year, and the three checks of Shanghai Steel Union, Changqu Technology, and Huaqingbao will definitely be throughout the year. In 2018, didn’t we say that the road to wealth is the starting point of a bull market? Generally speaking, for the big bull stocks that are the starting point of the bull market, the increase... all starts at ten times. Two or three times is nothing. Looking back, that’s all Bottom of the mountain.”

"The brother upstairs said the price has increased tenfold, so you might as well buy more."

"It's just that the wealth road has cleared all positions and stopped profits. I really don't know what illusions I still have. It's simply..."

"Hey, there is no such thing as a bull market. Today's massacre is a model of the bear market trend. Anyway, I don't believe in any path to wealth. After all, isn't this main force of capital creating momentum to cut leeks?"

Amid intense discussions throughout the market...

It can be clearly felt that the 4% drop in the GEM index's heavy volume has caused the emotions that had been heated for more than ten days in a row to fall into a sharp divergence.

And amid this divergence of emotions, Wednesday, July 10th.

As the most popular stock in the market, Shanghai Steel Union lost the blessing of Su Yu's Fortune Road seat, and was directly stopped by the main hot money and many retail investors who failed to relay on the market with one click, and opened with a single limit.