Chapter 428 Despair After Hope!

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

After the company was established, in the past year.

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

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

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

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

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

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

Such is the continued performance.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

"Haha, the Shanghai Stock Index's line of defense at 2,300 points, looking at this situation, is just like paper and has no support."

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

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

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

"This stock of Beixin Road Bridge is really weird. It's either the daily limit or the daily limit."

"The speculation of short-term stocks is fast up and fast down. Once the speculation is over, you must withdraw, otherwise... you will be trapped."

"When doing short-term, you must not make a short-term long-term."

"That's right. Last year, I chased the stock of Shanghai Steel Union. At that time, I thought I would make one or two daily limits and withdraw. I didn't expect to buy it at a high price of 60 or 70 yuan. I didn't make any money and was trapped instantly. Then... I thought I would wait and sell it after I got my money back. As a result, I waited until the stock price was cut in half. Now this stock has lost nearly 60% and I can't even cut it. It's so depressing."

"Alas, turning short-term into long-term is a bloody lesson!"

"So, relay short-term leading stocks, once you find people If the market crashes, you must unconditionally cut your position and stop loss even if it hits the limit down, otherwise you will only lose more and more. After all, the stock price of the continuously hyped stock is far away from the fundamentals and is seriously overvalued. If you don’t know how to stop loss at this time, you’re done. "

"So, Beixin Road Bridge will continue to fall?"

"Looking at the trend of Beixin Road Bridge, it is obvious... the main force is all retreating, and it will definitely fall."

"Alas, the trend of Beixin Road Bridge’s ceiling the day before yesterday, looking back now, it is really a lure. The funds lured in by the trend that day did not make any money at all, but suffered heavy losses. "

"The main reason is that the two core themes of "infrastructure" and "state-owned enterprise reform" collapsed, and the trend of the dragon turning back could not be interpreted. "

"The most important thing is that General Manager Su continued to sell on the Dragon and Tiger List, which directly led to the collapse "The last bit of market sentiment, otherwise the performance of Beixin Road Bridge would not be so bad."

"Hey, go with the flow. Complaining is useless at this time."

"If there is no support at 2300 points, then... the index will definitely touch the 2200 point mark to find support, right?"

"If the index continues to go down to 2200 points to find support, then it is estimated that it will be difficult to produce any market trends in the trading time later this month, right?"

"I think the subsequent trading time this month is likely to be garbage time."

"It's a bad month, but it's always right to be cautious in these two months."

"Mr. Su has been reducing his positions and withdrawing on a large scale. If he participates in heavy positions again, he will be stupid. Anyway, I have stopped losses across the board. I will probably play with a small position. Unless I see Mr. Su on the Dragon and Tiger List again, Large-scale purchases, otherwise I will not move the main position to invest. "

"It is good to be short or light, but the key is that I have been trapped. What should I do? "

"If the index can hold at 2200 points below, then the problem is not big. I am afraid that the index will fall back to the large box range of 2000 points to 2200 points. If it really follows this bad situation, I think no matter how much I am trapped, I should stop loss at this time. "

"Alas, I was almost untied, but I didn't sell it. Now I am really trapped again. "

"I didn't sell it when the Shanghai Composite Index hit 2500 points. Now I really regret it. "

"How strong Su's series of holdings of concept stocks were before, how weak they are now. I think whether you are trapped or not, the first thing you should avoid is the high-level "wealth road" concept stocks in the market. "

"The trend of the past two months has proved that the market has only the market logic of short-term speculation, but no underlying logic support of long-term investment. "

"It is so. Whoever believes in the "bull market" will be trapped at the top of the mountain. ”

“Damn it, the main funds that previously hyped up the main lines of ‘infrastructure’ and ‘SOE reform’ have withdrawn too quickly.”

“Ah, the more optimistic they were before, the more pessimistic they are now. I am really impressed!”

“The facts prove that institutional groups are not trustworthy at all. If you want to make money in this market, you still have to believe in your own judgment.”

“That’s right. A person can only make money within his own cognition.”

“Let it fall. Anyway, it’s desperate.”

“With this market trend, I really don’t know how to issue new shares? Just wait and see… I guess when new shares are issued, they will be broken again.”

“It’s better to break the issue price. If it breaks the issue price, it will not be issued anymore.”

“Yes, the day when new shares break the issue price is the day when the market reverses.”

“Ah, I really don’t know when the market can really stand at 2,500 points. It’s been ten years, it’s really ten years, and the market is still hovering around 2,000 points. In the world, no stock market in any country has such a trend! ”

“Without comparison, there is no harm. When facing the A-share market, it is better not to compare it. ”

“My heart is broken. When the market was in the red yesterday, I took over Beixin Road Bridge. I didn’t expect that in just one or two trading days, I lost 20% again.”

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

“Newbies die from chasing highs, and veterans die from bottom-fishing. This saying is always so classic. As expected... In the downward trend, facing the market rebound, you shouldn’t participate.”

“Hey, picking up sesame seeds and losing watermelons.”

“Where are the sesame seeds to pick? It’s basically a lure and a massacre. The main force will not let those who enter the market have the opportunity to exit with a profit. Either cut your losses or get stuck.”

“How does the saying go? The flowers are splendid, but it’s just an illusion.”

“I think I understand that our A-share market can’t get out of the bear market at all.”

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

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

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

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

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

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

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

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

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

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

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

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

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