Chapter 282 The Long-Awaited Rebound!

Only on the updated Dragon and Tiger list.

On the selling list of five stocks, including Oriental Securities, Oriental Venture, Zijiang Enterprise, Fudan Fuhua, and Tuozhong Shares, Fortune Road sold a total of more than 600 million yuan. Among them, the sales amount of the Oriental Securities check alone was as high as 280 million, accounting for half of the selling funds.

Moreover, in addition to Fortune Road appearing on the Dragon and Tiger list on a large scale.

Another seat associated with Fortune Road, 'Huaxin Securities Yuhang Fusheng Road Sales Department' is also on the list, with a sales potential of more than 31 million.

"Fortune Road is selling on a large scale again!"

Seeing the situation after the Dragon and Tiger list was refreshed, some of the shocked retail investors in the market sighed.

"Fortune Road's selling power must be a large-scale liquidation. Sigh... After Fortune Road appeared on the Dragon and Tiger List yesterday, it should have unconditionally liquidated today and should not have had any luck. Now it has lost another limit down for nothing. Really... I must liquidate tomorrow."

"I've said it before, it's absolutely right to sell with Fortune Road!"

"Fortunately, I took advantage of the early market rebound and liquidated all my positions. It is said that Fortune Road is a beacon of the market, haha... It is true."

"Yesterday 1.1 billion, today 600 million, how many chips does Fortune Road have hidden in the line of 'Securities, Venture Capital'? This is just what is shown on the Dragon and Tiger List. The chips sold by Fortune Road, but not shown on the Dragon and Tiger List, should be at least one or two times the chips shown on the list? Oh my God... This is too much Horrible!"

"It's really amazing. The institutions and hot money that dominated the 'securities and venture capital' market were directly smashed by Fortune Road."

"Huatong Securities is not on the list. I don't know if Fortune Road is also the main seller. That stock is the heavy holding of institutions, and now it has been smashed."

"Fortune Road has been selling out on a large scale. The 'securities and venture capital' market should be gone, right?"

"What market is still thinking about at this time? Just reduce your position without thinking. In just these two days... How many chips have been trapped? If there is no severe adjustment, the market will not go up again."

"Fortune Road's large-scale liquidation clearly shows that the market adjustment will not be small-scale."

"The K-line pattern is also completely broken. You can directly look down to 2200 points later."

"I don't think it will be a small-scale adjustment either. The whole, the funny thing is that the analysts of the big securities firms in the market are still singing bullish at this moment, saying that 'the bull market has fallen sharply, and all the corrections are good opportunities to increase positions'. Damn it... why don't they buy it themselves? "

"Haha... what a shitty analyst, the sum of them is not enough to beat Mr. Su of Caifu Road alone!"

"Indeed, it's all some market reversals."

"It's better to follow the operation of Caifu Road to make money. Since August, I have been buying and selling with Caifu Road, simply following the trend... I have made nearly 1 times the profit. Looking at this situation... the market in the last two months of the year will not be good, so it's better to clear the position to keep safe and fight again next year!"

"It's awesome, just following the trend can make 1 times the profit."

"Nothing strange, I reviewed the number of Dragon and Tiger List transactions that appeared in Caifu Road in the second half of this year According to statistics, from the main line concept market trends such as "Internet finance", "Shanghai Free Trade Zone", "mobile Internet", "smartphone industry chain", to the current "securities, venture capital" market trends, as long as you follow the trend in time and buy and sell without thinking with Fortune Road, you can at least make a profit of more than 150%, which is so awesome! "

"It is indeed the unique top hot money seat in the market!"

"Now it is a private equity institution seat."

"No matter what the seat attributes of Fortune Road are, the directionality of its market beacon is simply awesome!"

"Otherwise, why do you think Fortune Road has such a high market premium rate? The seat with the strongest follow-up effect in the entire market is not a joke."

"With such a seat premium, it feels that Fortune Road can simply use the seat premium to harvest the market."

"Indeed, if Fortune Road buys any stock, it will most likely be pulled to the daily limit by the follow-up funds the next day. If Fortune Road takes the opportunity to ship at this time..."

"If this happens once or twice, the premium of the seat will completely disappear. President Su will be crazy to do this! ”

“Everyone follows the trend of Fortune Road because the buying and selling behavior of Fortune Road is often one step ahead of the market, and everyone can make money by following the trend. If you can't make money by following the trend, everyone will naturally stop following. If Fortune Road really pulls a stock at random and harvests it the next day, it is not stupid, but really crazy. After all... with the current amount of funds controlled by Fortune Road, doing so will not make much profit at all, and secondly, it will completely ruin its own seat reputation. After that, he pulls the market, the trend effect will be greatly reduced instantly, which is completely not worth the loss. ”

“I'm wondering... why can Fortune Road always step on the market rhythm so accurately? ”

“This is the analytical ability of the big guys! In short... it's a talent for trading. ”

“I also want to have such a talent!”

“It’s okay to daydream, but we don’t have this talent, it doesn’t matter, just follow the trend, Fortune Road eats meat, and we follow to drink soup.”

“Indeed, with Fortune Road’s performance of ten times in three months, it’s enough to follow and drink soup. ”

“I’m satisfied if I can make 10% every time I follow Fortune Road.”

“As long as you’re not greedy, 10% shouldn’t be a problem. The stocks that Fortune Road buys seem to be basically stocks with sustained market trends.”

"Indeed, as long as you are not greedy... hell, I was greedy this time. When Fortune Road sold out stocks such as Hua Qingbao, Changqu Technology, LeTV, and Wangsu Technology on a large scale, it should have been sold out. Yes, I just took a chance and got it released today. I lost more than 20 points in vain, and I was so angry that I vomited blood!"

"As long as Fortune Road appears on the sell list, you have to be careful about that stock and related concept trends."

"Hey, learn your lesson, and you won't take chances next time."

In response to the refreshed data on the Dragon and Tiger Rankings, and in a series of discussions on 'Wealth Road', the opinions were almost one-sided. After two consecutive days of market massacre, and seeing Wealth Road frequently making billion-level reductions in positions, even if Analysts from various securities firms and financial media in the market are still bullish without thinking. The majority of retail investors in the market no longer dare to believe that the market can quickly recover the losses in the past two days.

Even the previous hot bull market atmosphere and passionate investment sentiment.

At this moment, it also completely cooled down.

Of course, many investors who have been chasing highs in the past two days and are buried on the top of the mountain, while depressed and anxious, still hope that the market can continue the previous trend and have a clear rebound, so that they can get out of the market.

At a time when retail investors are generally pessimistic and no longer have high expectations for the market outlook.

Internal public equity institutions in Yanjing, Shanghai, Shenzhen, Yuhang, Guangdong, Jinling, etc., as well as the self-operated investment departments of major securities companies, participate in or heavily invest in the main institutions lurking in the field of 'securities and venture capital' , the relevant core traders and fund managers, faced with such a dragon and tiger list and another large-scale exit of Fortune Road, were shocked, but also extremely depressed and angry.

"What the hell, how many chips does this guy have yet to sell? It's so crazy that no one can get out of the market." Inside Yanjing and Shenhua Fund, fund manager Chang Li was absolutely furious. "Just because of his seat, the liquidity of the entire market has been completely destroyed."

The main fund he manages, Orient Securities, has nearly 600 million in chips.

Originally, he thought that in this wave, even if he could not make double profits, he would at least be able to escape unscathed. But looking at the current situation... Oriental Securities has become the main force in wealth road, and the main funds in the market, including retail investors The position holders, including the group, will only be affected by this and surge out. The liquidity and acceptance of the market will only be further lacking in the future. It is already impossible for him to escape unscathed!

What's more serious is...

Such continuous market crashes on Fortune Road are also a heavy blow to the overall market sentiment.

In addition to Fortune Road's large-scale and continuous reduction of positions, other related concept stocks will also be greatly affected.

"Hey... we are not as good as the other in terms of selling points, and we can't blame others." Lin Zhaoye, director of the fund management office next to Chang Li, said, "I just didn't expect that the path to wealth would be on the line of 'securities and venture capital' , there is such a huge amount of chips lurking.”

Originally, they wanted to use the influence of seats on Fortune Road to carry the sedan chair for themselves.

Unexpectedly...

In the end, he was harvested by the other party.

Now, Oriental Securities, as well as the entire securities sector, has retraced at least 10% of its gains from the high point. They don’t have much profit cushion for this round. If the market continues to fall, it will really be a steal. If you lose a lot of rice, your work will be completely in vain.

"I really don't know how this guy managed to lurk such a huge amount of chips." Chang Li was filled with hatred for the way to get rich in the market at this moment. "It's so insidious. All the people on the Dragon and Tiger List before were... All of his actions were just a pretense. This guy had laid out the plan early and was waiting for everyone to get in. "

Lin Zhaoye nodded slightly and responded: "Yes! In this round of market conditions, institutions, hot money, retail investors... are all the targets of this money."

"I've been wondering why this channel of funds interprets market information so quickly?" Chang Li had some doubts in his heart, paused, and then said, "Old Lin, do you think this channel of funds is suspected of insider trading? Should we report it to the Transaction Supervision Department of the regulatory agency?”

"Can you explain that people came here because of the news about the IPO restart of the market?" Lin Zhaoye frowned at Chang Yili's proposal and said, "As for market news, what our agency has received is first-hand information. No institution will be faster than us, so... the capital layout of Wealth Road, lurking 'securities, venture capital', the initial purpose... is definitely not for the news of 'market IPO restart', it is a huge The probability is that he has judged that the market has a bull market sentiment, so he has planned this area in advance.”

"As for the subsequent large-scale reduction of positions in this channel of funds..."

“I think this was the reaction of the other party after they heard the news of ‘market IPO restart’.”

"and……"

Lin Zhaoye paused and continued: "You still remember the layout of the Fortune Road funds in the 'Shanghai Free Trade Zone' not long ago, right?"

"At that time, many people in the market also suspected that he was insider trading."

"Many people also reported it to the Transaction Supervision Department of the China Securities Regulatory Commission, but the result... you have also seen."

"They had already made a comprehensive layout when the macro-planning of the Shanghai Free Trade Zone was still under review by the top leaders. Later, according to the internal information of Huashang Securities, the reason why this fund was deployed on a large scale in the Shanghai Free Trade Zone was because in the first half of the year, the top leaders inspected the Waigaoqiao area of ​​Shanghai and proposed the idea of ​​a free trade zone, but no one paid attention to it at the time."

"This time..."

"Even if it is reported to the transaction supervision department, I'm afraid it will be a similar result!"

"Also..." Lin Zhaoye thought for a while and stared at Chang Youli seriously, "Old Chang, although there are no restrictions on means in the financial trading market, everything is only based on profit results, but try not to do this kind of reporting on peer institutions. After all, if you really investigate... everyone will be affected more or less."

The so-called initiator will have no descendants?

It is not the first time that their institution has taken advantage of the information channel and the information scissors to make profits.

If they can report others, naturally others can also report them.

"I just... talk about it." Chang Youli coughed lightly and covered it up.

He was just suspicious, not sure, of course... More importantly, he wanted to find an excuse for himself, and didn't want to admit that he was not as good as the other party in terms of buying and selling timing and market analysis.

The same...

Such a situation is happening in many institutions at this moment.

After all, this time, everyone was really blocked by the road of wealth, and the profits from the hard work of building momentum and pulling the market were almost all robbed by the road of wealth in the end.

Of course, compared with the institutions and hot money groups that were stunned by Su Yu.

Many investors who have interests related to Su Yu and invested in the "Yuhang No. 1" and "Yuhang No. 2" funds are now full of joy and pride.

"Fuck, Mr. Su is really awesome, this round of harvest is really beautiful."

In the fund investor group, Mr. Qian, who has always been more active, began to praise after the Dragon and Tiger List was refreshed.

"I feel that the amount of funds that Mr. Su has intervened in this wave should be more than 4 billion, right? The 'Yuhang No. 2' fund should have been used, right?"

"It must have been used, and... it is estimated that it has made a lot of profit."

"Then it must have made a lot of profit. When the net value of the two funds is announced next time, it will definitely be a new high."

"I estimate that at the end of the year, the net value of the 'Yuhang No. 1' fund will be at least 12, right? I just don't know if the No. 2 fund can have 20%."

"Who cares? Anyway, it will definitely be a big profit."

"Indeed, there is no investment that is more worry-free and profitable than holding the funds managed by Mr. Su."

"Alas, it is the No. 2 fund, and the investment limit is only 10 million. It's a pity. Now... I can only hope that Mr. Su can issue the third fund with no limit as soon as possible. ”

“Indeed, even if you want to invest more, you can’t do it.”

“Those who invest in Fund No. 1 are awesome, right? Unfortunately… once you miss the opportunity, it will never come back.”

“Yes, if time could go back, I would borrow money and invest the 400 million yuan investment quota of Fund No. 1 by myself.”

“Yes! Business has been bad recently, and I have lost a lot. Now… I am counting on Mr. Su’s fund to make me back as soon as possible.”

“I am counting on that, too.”

“If Mr. Zhou is short of money, why not transfer the fund shares to me? I will pay a 25% premium.”

“It’s impossible to sell. Even if it’s a 50% premium, I won’t sell. With Mr. Su personally managing the market, this is a cornucopia, making money continuously. Only a fool would sell it.”

“What I mean is… if anyone in the group is short of money and wants to get a share of the fund before the fund is closed, If the shares are transferred during the closed period, I will buy them at a 30% premium. I just want to prepare a share for my daughter, which should be more than enough for her to live on when she grows up. "

"Should we do this? Start bidding up the price in the group to grab shares?"

"Good things, everyone wants them, that's normal! Didn't you see that Mr. Qian, as the first person to try it, has been so cocky recently, as if he's afraid that everyone doesn't know about it."

"Old Qian should be cocky. If he were to trade stocks himself, he might not be able to make double the performance in his lifetime. But now... he doesn't have to do anything. With an investment of 20 to 30 million, he can make 5 or 6 times the profit in half a year. If it were me... I would be cocky too!"

"Indeed, seeing Mr. Su's seat appear on the Dragon and Tiger List makes me more excited than my own seat appearing on the Dragon and Tiger List."

“Same, same…”

“After subscribing to Mr. Su’s fund, I almost forgot that I was also a hot money in the market.”

“But fortunately I subscribed to Mr. Su’s fund. I traded on my own, and the recent returns are really terrible. I can’t keep up with the market rhythm at all.”

“Look at the Dragon and Tiger List of Oriental Securities. Several institutions that entered the day before yesterday were smashed.”

“Mr. Su smashed it well. As the main institutional funds, he actually learned from us hot money to harvest market concept market conditions. He really deserves to be smashed.”

“But this time, Mr. Su is afraid that he will cause displeasure to many main institutions.”

“Hate it if you want to. We are not the same kind of people.”

As time goes by, the news in the investment group is constantly updated, everyone’s enthusiasm continues to be high, and they are more and more impressed by Su Yu’s trading methods.

And in the same time period…

Market news is also one after another.

First, the two main lines of "mobile Internet" and "smartphone industry chain" have suffered a series of sharp declines recently. Many hot stocks related to them have released their third-quarter reports one after another. Their performance generally exceeded market expectations. Among them... especially several stocks in the "wearable device" sector, the performance growth in the third quarter was more than 150% year-on-year, and even the quarter-on-quarter growth was more than 20%.

For a time...

the market looked up to this sector, as well as the two main lines of "mobile Internet" and "smartphone industry chain".

Secondly, the leading securities firms in the securities sector also released their third-quarter performance reports. The growth in net profit and economic business revenue scale was not small compared with the third quarter of last year and the second quarter of this year. The most outstanding one was Huashang Securities, which had a performance growth of 52% in the third quarter, which completely exceeded market expectations.

Of course, Su Yu's Fortune Road Sales Department should have contributed a lot to this 52% performance growth.

However, the details of the sales department's revenue were not disclosed in the third quarter report, and everyone could only guess.

The slightly better-than-expected performance of securities firms has given the market some confidence at this time, and also given investors who have been buried in the market for the past two days a little more hope.

Finally, the regulatory authorities finally began to speak out again after the market fell for two consecutive days.

They said that they would further improve the laws and regulations of the market, promote a healthier development of the market, and call on everyone to make long-term investments. At the same time, they also said that... in the future, more insurance and trust funds will be promoted to enter the market, and the market entry plan for pension funds was specifically mentioned.

Faced with the relatively favorable voice of the regulatory authorities, financial media and market analysts from all parties.

They began to sing the market with all their efforts.

So, in the evening, the originally relatively pessimistic market sentiment warmed up under the stimulation of various parties, and the bullish sentiment rose slightly. The market discussion became divided in terms of long and short.

Late at night, the foreign market trend was good. Although it did not rise sharply, it also maintained a relatively strong shock pattern.

Then, it was the next morning.

Because there was no bad news in both the domestic and foreign markets, and the overall news was biased towards good news.

At 9:15, when the market started the call auction, the panic effect that many people expected did not appear. The concept sectors of "Securities, Venture Capital", "Mobile Internet", and "Smartphone Industry Chain" that attracted much attention all opened flat, and several popular stocks whose third-quarter performance exceeded expectations also showed a significant high opening trend.

"Looking at the initial scene of the call auction, the market sentiment is not as bad as we thought!"

Seeing the initial call auction, Li Mengwei said in surprise in the trading room of Yuhang Investment Company: "Huashang Securities and Fenda Technology opened higher by about 5%, which obviously boosted the two major concept sectors of securities and wearable devices."

"With good performance and good signals released by the regulatory authorities, it would be unreasonable if there was no high opening." Su Yu replied, "Although the market has been adjusted repeatedly and fell sharply for two days, it has been stimulated by the continuous market from July to October after all, and it has broken away from the As long as the loss effect does not expand rapidly and continuously in a short period of time, the market sentiment and emotions will not be completely eliminated so quickly. "

"However..."

Su Yu paused and said, "Friday is the internal meeting of the China Securities Regulatory Commission. The news of the resumption of IPOs in the market will definitely be released to the market on Friday. At this point in time... the market basically has no time gap for rebound, and the main funds will not make a market at the critical moment when the bad news has not yet landed. "

"So, I estimate that even if the market sentiment is temporarily stabilized at this moment. "

"At most, there will be only one high opening, There won't be a strong rebound trend like a high-flying one."

"Oh, right..."

Su Yu thought for a moment and continued, "If the market has a clear upward trend at the beginning of the trading session after the official opening, then we will continue to sell."

"Didn't you say that the two funds will retain a 20% holding waterline?" Li Meng asked in confusion, "Reducing? We have already reduced the 2.3 billion chips yesterday."

Su Yu smiled and said, "I said to maintain a 20% dynamic balance position, not to say that it will not move at all after reducing to this holding line. The stocks that should be sold must continue to be sold, at least..."Securities, Innovation "Investment" in this field, before the news of the resumption of IPO in the market is released, you must not leave any. "

"The market has potential negative pressure, and the negative news has not yet been released. "

"No matter how light our positions are, we can easily add them back after the negative news is released. "

"The next main line direction should still focus on the two major main lines of "mobile Internet" and "smartphone industry chain". After all, only these two directions are relatively certain and expected to be the strongest in the future. Other concept fields, at present... are not good enough. "

"Okay!" Li Meng responded and passed on the relevant instructions.

As the two talked, the time had passed 9:20, and the two markets entered the real call auction stage where orders could not be withdrawn.

After a short adjustment from 9:15 to 9:20, the overall market situation has warmed up again. Nearly 2,000 stocks in the two markets, 65% of the stocks, showed a red rebound state, among which... the related popular stocks that had suffered a series of sharp declines before, such as "Huaqingbao, Fenda Technology, Changqu Technology, Netspeed Technology, LeTV, Xinwei Communication, Anjie Technology", etc. all opened high and closed red.

Even the "Securities and Venture Capital" concept sector, which led the market decline yesterday and encountered a large sell-off and sell-off by major funds from all walks of life.

Today, it also showed a red state, among which... due to the drive of Huashang Securities, Huaxin Securities, Huatong Securities, Huatai Securities and other leading securities companies all opened high.

Then, at 9:21, 9:22, 9:23...

As the call auction time passed, the number of red stocks in the two markets, as well as the oversold hot concept sectors and related hot concept stocks, were all bought by a lot of funds, showing a trend of going higher and higher.

Finally, at 9:25, the call auction of the two markets ended.

The Shanghai Composite Index was set at 2333.46 points, an increase of 0.52%; the ChiNext Index was set at 1279.33 points, an increase of 0.79%. After many days, the performance was stronger than the Shanghai Composite Index for the first time.

"It opened so high, can it be stabilized?"

Seeing such an opening scene, the two markets were briefly suspended. In the trading room of Zexi Investment in Shanghai, Zhou Kan was a little surprised: "A little good news can stimulate the market. It seems that... it is not as weak as we thought. It feels like the market has turned back to the ChiNext."

"It would be strange if it could be stabilized if the bad news did not land." Xu Xiang was not optimistic about the general high opening of the market. "If it opens sharply lower, and then takes the opportunity to kill a wave of emotions and kill the market more thoroughly, there may be a rebound, but this high opening... is really not optimistic."

Under normal circumstances...

In a weak market, all high openings are fraudulent behaviors.

What's more, the market fell sharply in the previous two days, burying so many chips chasing highs. This high opening just gave these chips an opportunity to sell. And because the index trend has reversed from the high point, although the market sentiment has warmed up a little, it is still far inferior to the high point two days ago and the previous index's momentum and continuous breakthroughs. This emotional situation and relatively divergent investor performance simply cannot take over the high-opening market.

Therefore, Xu Xiang believes that this high opening, when the market's carrying power is insufficient.

I'm afraid it will be another wave of rapid diving, a trend of cheating and burying people.

"Kill again? No way!" Zhou Kan said, "The Shanghai Index has fallen from nearly 2,500 points to more than 2,330 points in one breath, and has fallen back by more than 150 points. This kind of rapid killing should have a decent rebound, right? And some sectors of the market... do feel a little oversold."

"Then you will know after waiting." Xu Xiang smiled and said nothing more.

He could avoid operations and risks as much as possible before the negative news came into being. He knew that there were definitely many market main funds that chose the same thing as him.

In other words...

When the news of "market IPO restart" was spreading.

As the main funds that dominate the market, the selling volume is definitely greater than the buying volume, and this funding gap cannot be made up by the retail investors who have been hit by confidence, so... the market has no logic and basis for rising without financial support.

Just when the two people had some differences in their ideas.

At 9:30, the two markets ushered in formal bidding transactions. The Shanghai Index, Shenzhen Index, and ChiNext Index rose sharply. The major popular stocks in the market, in just five minutes of emotional fermentation, also instantly ushered in a large number of follow-up funds to buy the bottom, and they all rose rapidly.

The entire market, at the beginning of the session, completely showed a thriving trend, which was bound to reverse yesterday's decline!