Chapter 391: Big Positive News for the Market!
"The Shanghai Composite Index rose seven times in a row, breaking through from around 2150 points to around 2385 points in one go, spanning more than 200 points, and directly rising by 10%. It was simply explosive. I feel... the bull market is really coming. After all, the last time the Shanghai Composite Index rose seven times in a row with such a large span was in the big bull market in 2007."
After the Shanghai Composite Index recorded seven consecutive positive trends and a single-week increase of 6.89%, some investors were very excited in the exploding market bullish sentiment.
"The index performance in the two weeks before and after the holiday was really great. It felt like the entire market was activated."
"It's not the entire market, right? Sectors like 'military industry, nonferrous metals, coal, banks, securities, insurance' still haven't risen much, lagging far behind the index. This round of market rebound... is mainly driven by the two core main lines of 'infrastructure' and 'state-owned enterprise reform'. Other sectors have not shown an overly strong trend. It feels like the market is still in a differentiated rebound trend, and a bull market has not yet formed."
"Why are sectors like 'military industry, nonferrous metals, coal, and finance' rising?"
"Have you experienced the last round of bull market? In the early stages of a bull market, it is impossible for all stocks to rise in the market. At the beginning of all major trends, They all started with rotation, and there is no doubt that the current two core themes of "infrastructure" and "state-owned enterprise reform" are the clarion call for this round of big market."
"But the securities sector has been silent, indicating that the market's expectations for the "bull market" are not consistent."
"Yes, securities are the leading sector of the bull market. If securities do not move, it is difficult to say that there is a bull market, right?"
"The bull market theory remains skeptical, but the trend of this round of market is really beautiful, and the volume and K-line trend are both very perfect."
"That's right. Now the daily turnover of the market is basically stable above the 100 billion mark."
"As long as the volume is maintained, the bull market will come sooner or later."
"However, since the two core themes of "infrastructure" and "state-owned enterprise reform" were launched before the holiday, they have rebounded to a considerable height. If we continue to rely on these The two main lines are breaking through, and I'm afraid the pressure will be great! "
"This is just the beginning? The two core lines of "infrastructure" and "state-owned enterprise reform", the related concept sector index and industry sector index, have only increased by 10% to 15% higher than the Shanghai Composite Index since the bottom. The related core hot stocks have increased by about 35% to 45% since the bottom. The only stock that has doubled is Beixin Road Bridge. It feels that the market is far from over. "
"From the K-line chart of the concept sector and industry sector index related to the two core lines of "infrastructure" and "state-owned enterprise reform", the market has just emerged from the trend of breakthrough. It is really too early to say that there are huge risks in the market of these two main lines at this time. "
"In the past few days, "infrastructure", " In the two core main line areas of 'SOE reform', the main funds are still flowing in significantly. This should indicate that the main institutions of major funds from all parties are still increasing their positions on a large scale in this position range. Since the major funds are still increasing their positions, there is no risk, let alone the end of the market. "
"Indeed, looking at the market performance, the main funds are obviously still flowing into the fields and sectors related to 'infrastructure' and 'SOE reform', as well as core stocks. "
"It feels that with such a large-scale involvement of the main funds of all parties, even if the market rebounds, not reverses, the hot stocks related to the two core main lines of 'infrastructure' and 'SOE reform' should also have a general doubling of the market, right? "
"Compared with the main line markets such as 'Shanghai Free Trade Zone', 'Mobile Internet', and 'Smartphone Industry Chain' that were hyped last year, there must be a doubling of the market. "
"With such a deep involvement of the main funds, the hot stocks in the main line market should have doubled their gains, right? ”
“If we calculate based on the general doubling of the core hot stocks, the hot stocks related to the two main lines of ‘infrastructure’ and ‘SOE reform’ will have at least a 20% to 30% increase, and the current Shanghai Composite Index is only about 100 points away from the bull-bear line of 2,500 points. I feel that… the two core main lines of ‘infrastructure’ and ‘SOE reform’ can definitely bring the index to 2,500 points. ”
“In fact, whether it is a rebound or a reversal, there is no need to predict it at all.”
“Yes, just follow the direction of the main funds gathering and inflow and buy in. So many predictions are false! "
"In fact, to see how far the two core main lines of the market, "infrastructure" and "state-owned enterprise reform", can go, we just need to keep an eye on Mr. Su's two Dragon and Tiger List seats and the trend of Beixin Road Bridge, the concept leader of the two cities. As the saying goes, "the duck knows first when the spring river water is warm". Mr. Su, as an important main force that affects the two core main lines of the market, "infrastructure" and "state-owned enterprise reform", his judgment of the market situation must be more accurate than ours. Similarly, the speculative bigwigs, as the most active main funds in the market, have the most sensitive sense of smell. If the main speculative bigwigs and Mr. Su are all retreating from the Dragon and Tiger List, then I estimate that the market situation will be about the same. "
"Indeed, it is more convenient to keep an eye on Beixin Road Bridge's Dragon and Tiger List than to keep an eye on any K-line or analyze any trend. "
"Mr. Su has gambled hundreds of billions of funds on the two main lines of the market, "infrastructure" and "state-owned enterprise reform". If he retreats on a large scale, it should be difficult to escape the data disclosed by the Dragon and Tiger List, right? "
"That's for sure. According to the calculation of the chips that Mr. Su intervened in during the first three daily limit stages of Beixin Road and Bridge, Mr. Su currently has at least 100 million chips in Beixin Luqiao's stock. Such a size of chips, once a large-scale sell-off, will There is definitely a lot of movement on the Beixin Road bridge deck, which is easy to observe.”
"Yes, yes, the most popular stocks are the leading indicators of the main market."
"Judging from the current market situation, Beixin Road and Bridge has already reached 6 consecutive daily limits. Counting the 3 daily limits in the first stage, there are a total of 9 daily limits. With such a high level of speculation, I'm afraid there won't be much room for it, right?"
"Who knows, the leader never speaks up!"
"As long as Mr. Su continues to lock up positions, I feel that Beixin Luqiao can continue to rise."
"As long as hot money continues to relay, with the current market sentiment, I feel that it may rise by another five or six boards. After all, in the early stages of market development, a benchmark leader is needed to completely open up the market to make money, condense market sentiment, and attract the market. Many novice investors outside the country entered the market.”
"Hey, Mr. Su is really the first person in history to create a market monster stock. This wave of people who caught the Beixin Road and Bridge stock are really making a lot of money."
"Beixin Road and Bridge has reached the height it is today. Everything is the result of the joint efforts of various funds in the market to speculate. This check changes hands every day. Almost every board changes hands. With such a trend, even if someone follows the trend and buys at the bottom If you get in, it’s hard to get what you have now, right?”
"The day after Mr. Su got involved in the Beixin Road and Bridge stock, I followed the trend and bought it. Unfortunately, I only took two shares and was washed out. Now... I really don't dare to pursue it anymore."
"I was involved in the second wave of three boards, and the five boards were washed out."
"I still hold the chips, and I have almost doubled my profit. But when I first intervened, I intervened with a small position. Even if I doubled my profit, the total profit would not be much."
"Look at today's Beixin Road and Bridge's Dragon and Tiger List data. If Mr. Su continues to lock up positions, I'm going to directly study Beixin Road and Bridge's stock next Monday. Damn it...this rebound mistakenly followed Hongdu Airlines. Not only did I not make a profit on this check, I also lost a lot. This time... I will die on the dragon's head. "
"I guess Mr. Su will continue to lock up his positions!"
"'Internet Finance', 'Smartphone Industry Chain', 'Mobile Internet' and other main lines, as well as the main line sectors such as 'Liquor Beverages' and 'White Home Appliances' in the consumer field, have rebounded for two days in a row, and today there is a slight rebound. The follow-up is weak, hey... As expected, you still have to follow the strongest main line!"
"It is true that currently there are only two core main lines of 'infrastructure' and 'state-owned enterprise reform', which seem to be completely reversing the trend. In other main areas, the main funds are obviously hesitant in attacking."
"The trend of the strong always going strong is the market truth!"
“Even within the two core main areas of ‘infrastructure’ and ‘state-owned enterprise reform’, the market conditions are relatively differentiated.”
"Yes, overall, in the field of 'infrastructure', real estate is also the strongest, while upstream supply chains such as steel and cement are weaker. Of course, in recent days, high-speed rail and transportation have also seemed to catch up from behind."
After the market closed, many retail investors in the entire market were having heated discussions...
At 5:30 in the afternoon, the dragon and tiger rankings of the two cities were refreshed. As everyone expected, Su Yu's two major seats of 'Fortune Road' and 'Fusheng Road' continued to lock up invisibly, and other hot money and institutions They are attacking everywhere, and the capital transactions disclosed in the entire Dragon and Tiger List still show a net inflow.
Faced with such data, the enthusiasm of market investors continues to rise.
All of a sudden, whether it was the gathering place for retail investors in online stock trading forums, the institutional comment areas of various financial media, or the internal discussion groups of asset management institutions, as well as some internal discussion groups where hot money gathered, they were all filled with bullish comments. , and even the voice of 'bull market' has become loud again.
Then, in this high mood.
In the evening, a piece of good news from the regulatory level also began to bombard the market rapidly.
According to the news, high-level regulatory agencies have once again issued a programmatic document on the capital market from the national level in the form of a red-headed document after a lapse of ten years.
The document is titled "Several Opinions on Further Promoting the Healthy Development of the Capital Market."
The "Opinions" include expanding the breadth and depth of the capital market, increasing the proportion of direct financing, actively developing a mixed ownership economy, promoting capital formation and equity transfer; developing a multi-level stock market; standardizing the development of the bond market; cultivating the private equity market; promoting the construction of the futures market; improving The competitiveness of the securities and futures service industry; expanding the opening of the capital market; preventing and resolving financial risks; and creating a good development environment for the capital market.
As soon as this "Opinion" came out, it detonated the entire domestic financial market in the evening.
Analysts from countless securities firms and asset management institutions have published in-depth interpretations one after another; financial media have also given maximum coverage to them; financial influencers from all walks of life are even more excited, saying that this is comparable to a startup. The 'New Country Nine Articles' of the bull market from 2005 to 2007.
As for all kinds of hot money, as well as the vast group of retail investors in the entire market.
At this moment, the excitement is even higher. The thoughts in everyone's mind have all reached their limit.
"Holy shit, shit, this is such a huge benefit! No wonder the market has been so strong recently, it turns out that it is supported by such a huge benefit."
"Did you see that? They are all opinions to stimulate the development of the capital market, and they are issued from the highest level in red-headed documents!"
"I'm touched, I'm moved! This time... the bull market is really here!"
"This proves that the regulators are really supporting the development of the domestic capital market to the maximum extent. I can feel that this is definitely as good as the 'National Nine Articles' ten years ago."
"No wonder the main line of 'state-owned enterprise reform' is so strong. The key words of 'actively developing a mixed-ownership economy' are directly mentioned in the opinion."
"What the hell, the big institutions must have gotten the news in advance again, right?"
"No wonder the index has experienced seven consecutive positive days, and no wonder big funds have been going crazy recently to increase their positions and go long."
"Oh my God! With such good news, it feels like next Monday, the Shanghai Stock Exchange Index will hit 2,500 points. Hey... If I had known, I should have filled up my position today."
"I'm speechless. This kind of bad news...is so empty!"
"Really, it's more uncomfortable than losing money at this time."
"The good thing about the explosion is that in this wave, the market will definitely reverse, not rebound. I am optimistic that the Shanghai Stock Exchange Index will reach 3,000 points this year, and the bull market will return!"
"Damn it, I'm raising money, I'll go long next week with a full position!"
"The guidance of the programmatic document after ten years is really a huge benefit. Mr. Su's market sense... is too sensitive, right?"
"This time, the underlying investment logic of the main line of 'state-owned enterprise reform' is even harder."
"Next Monday, the index will definitely soar!"
"I can only describe it with one sentence: I feel like the bull market is really coming."
"Stop talking, go ahead and raise money, go ahead and raise money, I will buy it without thinking next week. If there is a bull market, the macroeconomic main line of 'state-owned enterprise reform' will most likely run through the entire bull market."
"We are optimistic that the Shanghai Stock Exchange Index will break through the 2,500-point barrier next week."
"Haha... I have been waiting for the bull market for 6 years. It feels like it is really coming this time."
"Winter has passed and spring has arrived!"
"Buy, buy, buy. When the market opens next week, regardless of whether the stock price is high or low, we will immediately fill up our positions and rush to raise funds."
Under the influence of extremely high emotions, amid the unprecedented bullish comments of the entire market investor group...
At this moment, Li Meng looked at the favorable interpretations of the 'New Country Nine Articles' on the Internet by various institutional analysts and financial media. She couldn't help but look back with some doubts at the person sitting next to her, who was chewing an apple out of boredom and looking at Su Yu from TV asked: "Su Yu, did you know this news in advance?"
"How is it possible?" Su Yu responded, "This is a top-secret red-headed document instruction. How can I snoop on these policy information? Besides, all kinds of market information collected by the market intelligence department are basically entered into the company's internal database. Yes, if there is any information that is not in the database, then I really haven’t heard about it.”
"But the good news tonight is really strong."
Su Yu paused and continued: "These institutional analysts are right when they say it is the 'Nine Articles of the New Country'. With this guidance, all parties will probably pay more attention to the capital market." We need to move up a level, and there are suggestions for the development of the 'private equity industry'. I estimate that some of the regulatory rules in our industry will be relaxed and relaxed in the near future, lowering the entry threshold. , bringing in more funds.”
"Generally speaking, this is a shot in the arm for the domestic capital market and has the power to fundamentally change the basic development of the domestic capital market."
Of course, based on the past memories in his mind.
Although he did not expect that the high-level regulatory agencies would release such benefits at this time, he clearly remembered the two main directions of 'infrastructure' and 'state-owned enterprise reform', and he also knew that the country would resume its macroeconomic development. Launch the "big infrastructure" strategy and continue to use "urbanization construction" to stimulate domestic economic demand.
Therefore, even if there is no such major positive stimulus, it will not affect the market explosion of the two major macro themes of "infrastructure" and "state-owned enterprise reform".
But now, with this big news, these two main market trends may explode even more violently.
"Really?" Li Meng asked doubtfully.
Su Yu responded with a smile: "It's really not possible, and it is impossible to find out in advance. After all, this kind of inside information is not something that ordinary organizations can find out, and even if you find out, operating based on this kind of information will cause endless troubles."
"That's right!" Li Mengmeng thought for a moment and continued, "But looking at the market trend in the past few days, there are signs that the main funds are accelerating inflow. Some funds should have smelled some signs."
"It must be so." Su Yu nodded and said, "There is no airtight wall in this world."
"If this guidance message can be implemented, the domestic capital market ecology should change drastically in the future!" Li Meng lamented, "The last round of bull market was stimulated by the share-trading reform after the issuance of the 'National Nine Articles' The tide is rising, this time... it is very likely that this is the opportunity!"
"It's okay to be optimistic, but you can't overestimate your expectations at once." Su Yu said, "Although the current market sentiment and confidence have been initially established, the financial side has not been completely converted, and this programmatic guidance, Although its impact on the market is far-reaching, it will take a long time to ferment before it can slowly change the market ecology and various fundamental logics. In short...it has a limited impact on short-term market trends. At this time, If you have too high expectations, you will probably be disappointed if there is no strong financial support.”
Li Meng heard the implication in his words and asked: "Looking at what you mean, do you think the market may run out of good news and fall back? Is there a high probability that this rebound will not exceed 2,500 points?"
"As you just said, the speed of main capital inflows into the market in the past few days is obviously abnormal." Su Yu said, "These funds were deployed in advance, which increased the market space and also directly brought sentiment to a high point. In the short term, The profit is not small. If the market opens too high next Monday under this huge positive news, then it would be strange not to sell these latent funds. In addition, after the index crosses 2400 points, it will enter the lock-up market and the chips will be quite intensive. The core pressure zone is here, so... the potential profit taking plus a large number of sell-offs cannot be sustained with the market's current capital of 100 billion. That's why I say that next week's trend may not necessarily be the same. Proceed according to everyone’s optimistic expectations.”
"Of course..."
Su Yu paused, and then said: "Although there is a high probability that all the good news will come out at this position, and there is a possibility of index adjustment, the big risks are still controllable, and the market's upward trend will not change."
"So according to your expectations, has this position reached our profit-taking target?" Li Meng asked.
Su Yu thought for a while and said, "It depends on the actual market acceptance after the market opens next week, and whether there is any other news to promote it?"
"Other news push?" Li Meng grasped the key words and was slightly stunned.
"Yeah!" Su Yu nodded, "Didn't it say that in the 'Nine Articles of the New Country'? Speeding up and increasing direct financing means that the senior leaders are seriously dissatisfied with the work of the regulators in the direction of IPO. , the problem of 'IPO barrier lake' has accumulated seriously under the nearly two-year suspension of IPOs. Now that the opinions are issued, it is estimated that the people in the IPO review committee will not be able to sit still. "
"You mean the IPO will be restarted soon?" Li Meng slightly said in surprise.
Su Yu responded: "This is inevitable. Originally this was a suspension, but it is different from last time. This time it is about adjusting the scale and system of stock issuance. It does not say a complete suspension of IPOs. It is just that the market understands that Just like last time, this resulted in a strong short-term rebound in the market and restoration of confidence.”
"And the regulators want to heat up the market as quickly as possible and complete their tasks."
"No explanation was given for the market's misunderstanding, and the relevant news was allowed to ferment."
"That's bad!" Li Meng said nervously, "The current confidence in the market has been restored, and funds from all walks of life are returning to the market. This is due to the relatively abundant funds after the IPO no longer pumps blood on the market. If the IPO is done so quickly, If we restart, the impact on the market will probably not be small.”
"There will definitely be an impact, but it shouldn't bring the market back to the state it was at the beginning of the year." Su Yu said, "After all, many smart funds entering the market should have some expectations for this, and if the regulators adjust If the issuance system reduces the issuance scale and the valuation of the stocks issued, it will create some new money-making effects for the market, thereby forming a demonstration effect for the majority of retail investors to make money by entering the market. That is not necessarily a pure negative. Let’s see how the regulators respond! "
Li Meng was silent for a while, thought about it, paid attention to Su Yu's expression, and said with a smile: "Looking at you like this, you seem to be quite optimistic about this?"
"High-level regulatory agencies have stimulated us with the 'New National Nine', how can we not be optimistic?" Su Yu said with a smile, "IPO issuance is a part of the market. No matter how much everyone resists, this system must be implemented. Besides... ...The market has been going back and forth for these stocks, and it’s time for some fresh blood. Restarting after IPO adjustment will definitely be negative in the short term, but if the issuance speed, issuance scale, and issuance valuation are properly controlled, it may not be a bad thing. , the so-called bad thing may become a good thing. According to the current market sentiment and confidence that has been fully heated, I believe that the market can digest the restart of IPO at this time. "
"So... you still stick to the long-term trend and judge that this is the starting point of the bull market?" Li Meng continued to ask.
Su Yu nodded slightly and said: "Inflation has fallen, the economy has recovered, high-level regulatory agencies have reshaped the basic system and basic logic of the capital market through the 'New Country Nine', the curtain of 'infrastructure' and 'state-owned enterprise reform' has begun, and 'mobile Internet' , the demand for the 'smartphone industry chain' has surged, and both macro and micro, financial and policy aspects have reached an inflection point. In addition, the entire market is at the bottom of extreme valuations. The long-term trend is not optimistic at this time. How long will it take?”
"Okay!" Li Meng responded, "Then we will continue to maintain our current positions and be optimistic about the market."
"No!" Su Yu denied with a smile, "If the next market news develops as I expected, then taking advantage of the restart of the market IPO to reshape the chip structure on the market should be our best next round. There is an opportunity to adjust positions. Although the two main lines of 'infrastructure' and 'state-owned enterprise reform' are long-term trend lines, the market cannot change overnight. When these two main lines complete the first phase of the task of exciting the market, the short-term trend will be After expectations reach the extreme, with a large number of short-term profit-making and historical hold-up selling, the market may linger at a relative position for a long time, and finally form a gathering chip platform before it can continue to break upward. "
"Before that, we don't have to stick to this one area. We must make appropriate rotation adjustments."
"But..."
Su Yu thought for a while, and then said: "At present, there are strong expectations, and the chip structure is relatively clean. After the two core themes of 'infrastructure' and 'state-owned enterprise reform' briefly stopped, the sector that can take over the main funds in this area has not yet been clearly shown. We have to wait a little longer."
"Isn't the next sector that you like to take over the market rotation the military industry?" Li Meng had discussed this issue with Su Yu before, and vaguely remembered Su Yu's judgment at the time, so she couldn't help asking at this moment.
Su Yu nodded and said: "In my expectation, it should be this field, but the current market news and other opportunities that may trigger the market in this field have not appeared, so... we have to continue to wait. Only when certain opportunities appear can I really judge the landing point of the next market."
"Okay!" Li Meng responded, "Then let's take one step at a time!"
"Well!" Su Yu continued to nod, thought about it, and said, "Oh, by the way, we can prepare for the application and filing of the next fund."