Chapter 529: Struggle for Market Dominance (XVIII)!

"Originally, the two lines of 'smartphone industry chain' and 'Internet software' are almost meaningless in terms of market logic." Zhang Jianping continued, "There is still a big difference between the primary market and the secondary market. Investment in these two fields is very popular in the primary market, but in the secondary market, there have been so many rounds of speculation in two or three consecutive years. When the chips in this area of ​​the market have not been completely settled, it is hard to speculate again. "With the continuous huge market situation, not only the market expectation space will not be opened, but also the continued upward pressure on the market and the incremental funds required will become bigger and bigger."

"It's the line of 'film and television media'..."

Zhang Jianping's eyes flickered and he pondered for a long time before continuing: "The positive policy direction has actually influenced the fundamentals of this field. The expectations and hype are also sufficient. It stands to reason... According to normal As the market develops, this area should be able to experience a more sustained market trend.”

"However, today's wave of institutional groups' continued aggressive hype in this field appears to be too 'unsightly', destroying the natural development of this main line of sentiment and the progress of the overall chip structure of this line. On the contrary, It is the selling force that maximizes the potential profit taking on this line.”

"The key is that after this potential profit-making selling force is induced, if this line can take advantage of the trend to make a major adjustment, digest this selling force, reorganize the chip structure in this field, and let people be optimistic about this line. If a series of funds can have a better intervention point, the market could have continued. However...according to the development of the current market situation, as long as this line is adjusted, I am afraid that the funds of the 'Yu Hang Group' will be The 'big infrastructure' sector will immediately exert its force and lead the market in the direction of the main board."

"And this forces the main institutions that dominate the market to continue to pull the market and squeeze the market upward."

"We can only use this method of overdrafting expectations, overdrafting the funds to follow the trend, and using high turnover and continuously expanding trading volume to forcibly clean up the chip structure on the market."

"However, under the overall market structure of the stock game."

"Such a waste of funds, continuous short squeeze, and incremental funds that dare to continue relaying at high levels will not increase. On the contrary, with the continued high turnover and expansion of trading volume, the core of those who are optimistic about this main line area will be consumed prematurely. The main financial power, which leads to the financial power that dares to take on high positions, will continue to weaken, eventually causing the market to be unable to take on the trend and fall into a fierce and huge adjustment trend. "

"Indeed!" Lao Liu heard Zhang Jianping's insightful analysis and nodded in agreement, "The market as a whole has adjusted to the unilateral downward trend in May and early June. Although it has regained some strength recently, Overall, the willingness and even investment confidence of the majority of investors in the market have not returned to the stage in early May.”

"Not only has it not recovered to that stage, it is even far from it." Zhang Jianping emphasized.

Lao Liu nodded with a smile, continued to nod, and continued: "So when the overall market sentiment has not recovered and confidence is low, this batch focuses on the fields of 'smartphone industry chain', 'Internet software', and 'film and television media' The main institutional groups that forcefully shorted the market have indeed made a wrong calculation.”

"Same..."

Lao Liu paused, thought for a moment, and then said: "Once these major institutions cannot hold up the market and can no longer forcefully squeeze the market upward, I am afraid that these lines will instantly fall into a huge adjustment and shock, and the market will The direction of the wind is also very likely to quickly reverse the direction of the early popular main areas dominated by the 'Yu Hang Group' such as 'big infrastructure', 'military industry', and 'Internet finance.'

"It's not a high probability, but it will definitely turn like this." Zhang Jianping said, "The 'Yu Hang Group' funds' layout in the macro direction of the market really has a higher vision than this batch of concept growth stocks that are flocking to the Shenzhen stock market. 'There are too many major institutions in the field."

When Lao Liu heard this, he chuckled and said, "It's not like you don't know that for people from public funds, it's normal for their levels to vary. In fact, this stock focuses on the field of 'film and television media', which has attracted the attention of the Shenzhen market." The main line of concept growth stocks is to forcefully squeeze out the market, leading all funds on the market to gather in this area to take over orders. This main force of funds has formed an obvious rival with the 'Yu Hang Group'. In my opinion... it is already very powerful. ”

"That's true..." Zhang Jianping chuckled, "Mr. Liu of the Pingyin Asset Management Department is indeed a figure in the industry."

Lao Liu laughed and said, "How does it compare to you?"

Zhang Jianping responded with a smile: "With tens of billions of capital in hand, I can single-handedly move the market and bring about earth-shaking changes in the market. Naturally, I am not as good as me."

"If you want to develop into the asset management industry, it wouldn't be too difficult to open a private equity fund like Mr. Su from the 'Yu Hang Group' and accept tens of billions of investors' funds." Lao Liu smiled and told Zhang Jianping Wearing a high hat, "In the entire A-share market, there are not many people who can see the market trend as clearly as you do."

Zhang Jianping shook his head and responded: "Forget it, that would be too stressful and far less relaxing and comfortable than it is now."

His personal wealth has long reached the level of financial freedom in many years of market transactions. In addition, as he grows older, he has become indifferent to many things. Whether it is the pursuit of wealth or the pursuit of personal reputation and fame, the desire is not enough to support him to develop in the asset management industry.

As the two discussed the market situation...

As the market time goes by, the discussion of the market situation by the majority of investors is also arguing endlessly.

Among them, various institutional groups, as well as financial institutions, financial media websites and other market speakers, while still talking about the overall market situation and still singing about the future market, almost unanimously began to be optimistic about the subsequent market development of the two main lines of the emerging economic industry, the "smartphone industry chain" and the "mobile Internet".

And under the influence of these voices, and the influence of the strong trend of these two main lines today.

Many newly entered retail investors in the market have also been greatly affected. They still have great expectations for the future market for these two main areas and the continuously rising "film and television media" field. They think that these strong concept sectors and strong stocks can continue to rise and continue to be strong.

While the market sentiment is still very divergent, and the market discussion is still hot.

At this moment, offline, after the offline investment strategy meeting in Shanghai...

Liu Ziliang of the "Pingyin Asset Management Department" has relied on his personal connections to host and attract managers of several similar institutions with considerable asset management scale in China to further discuss the views on the subsequent market trends, and also discuss how to further snipe the funds of the "Yuhang Department".

"Mr. Liu, I'm afraid your institution has bought a lot of chips today?" At the banquet, Mr. Shan of Huarui Public Fund Company said with a smile.

Liu Ziliang laughed and responded: "No, I just bought a little bit less."

"Mr. Liu is really generous. He is in Shanghai and can make the fund earn more than 10 million yuan in profit in one day." Mr. Gao of E Fund also smiled and praised, "LeTV's move today is really shocking, and it is really amazing!"

Liu Ziliang coughed lightly, and then smiled and said: "Although we are the leading financial force for LeTV's check today, it is also the joint efforts of the main institutions in the market that the check can eventually go like this and hit the daily limit. We, Pingyin Asset Management, dare not take credit for it."

"However, the prospects of LeTV's check are really good, whether it is fundamentals, performance, or concept imagination space." Huaxin Securities Strategy Investment Mr. Ning of the investment department said with a smile, "If it weren't for Mr. Liu, we would also be jealous of this stock chip!"

"Haha..." Liu Ziliang laughed, raised his glass and drank with Mr. Ning, and continued, "If Mr. Ning doesn't mind, we can do a big deal. How about trading at a 5% premium based on today's closing price of LeTV?"

Mr. Ning raised his glasses and said with a smile, "Mr. Liu, you are going to cut me too!"

"How dare I?" Liu Ziliang said with a smile, "Give me ten guts, I dare not cut Mr. Ning's Huaxin Securities proprietary investment department's leeks."

"But today, the 'Yuhang system' funds are still being sold, which is really unexpected!" While the two were joking, Mr. Shan of Huarui Public Fund had some sadness on his face, "This fund Using the 'Fortune Road' seat to trade has a huge impact on market sentiment. We don't know how many related chips he has in his hands. If he keeps selling, it will have a great impact on the market in the direction we expect! "

Liu Ziliang smiled and said, "It doesn't matter. The more he continues to sell, the more we will continue to pull the market. As long as the majority of investors in the market realize that this capital seat is not the 'God of Market Investment', as long as the undefeated golden body of the 'Fortune Road' seat is broken, the funds of the 'Yuhang System' will have nothing to rely on. "

"Moreover, looking at the market trend today..."

Liu Ziliang paused and continued, "The 'big infrastructure' line, which is heavily invested by the 'Yuhang System', has obviously had some problems in its trend, and the chip structure has begun to disperse again. As expected If the Shanghai Composite Index fails to stabilize at 2,300 points, the pattern of "weak Shanghai and strong Shenzhen" will continue for another two days. The active capital groups that originally gathered in the previous main line fields such as "big infrastructure" and "military industry", as well as other fields such as "traditional finance", "consumption", "medicine", "non-ferrous cycle", "coal", and even the free chips that are not confident in holding shares in these fields, should change their expectations and ideas, and be attracted by us to the main line field of "concept growth stocks" in the Shenzhen Stock Exchange. "

"As long as the market truly completes the style switch of the main line market..."

"Then, the pattern of "weak Shanghai and strong Shenzhen" will continue. "

"In this way, more and more funds will gather to lift the chips we have deployed in this field and help us expand profits. "

"In other words, isn't it better to do this than passively lift the 10 billion chips of the "Yuhang system" funds gathered in the field of "big infrastructure", and be prepared to be harvested by the other party at any time? "

"Of course it's Mr. Liu's strategy, which is much better." Mr. Gao of Yifangda said with a smile, "Everyone is hanging out in the same place. If you want to eat alone, no one is willing to follow." Mr. Su from the Aviation Department has talent, but his operating style is too arrogant.”

"What is the root cause of the rise and fall of stock prices? It is not driven by funds." Mr. Ning from the Investment Strategy Department of CEFC Securities said, "Mr. Su from the 'Yuhang Department' is indeed too young. He thinks that the market is If you have expectations, performance, and stories about individual stocks and main market trends, they will surely rise?"

"Indeed." Mr. Shan nodded and said, "Among A-shares, there are performance, expectations, and stories, but there are few stocks whose stock prices have remained unchanged for thousands of years. Without the continuous promotion of real money, it is impossible to talk about the market. It's only in dreams, I don't believe it. After everyone understands it, the amount of funds of his "Yuhang Group" can drive the trillions of market value of the entire "big infrastructure", and can it independently lead the Shanghai Index to an upward breakthrough? "

"Hey, the 'national team' can't even pull the weight of the main board, let alone the funds of the 'Yu Hang Department'." E Fund's CEO Gao took over and continued, "This Su from the 'Yu Hang Department' In short, if we hadn't shown all the cards in our hands before, everyone might have followed in confusion, but now...since this fund has shown all the cards in its hands, then the line of 'big infrastructure' will probably There is no hope."

"In terms of the weight of the main board, has there really been hope in the past few years?" Mr. Shan responded, "Now there is a surge of investment thoughts in the industry. In fact, everyone is relatively optimistic about these concept growth stocks in the emerging economic field. Let me say …The previous investment mindset should have been thrown away long ago.”

Hearing this, Mr. Ning from the Investment Strategy Department of Huaxin Securities nodded hurriedly and said: "Indeed, the investment trend in the industry is indeed changing generally. In fact, this is reflected in the institutional changes disclosed by various companies in the entire market last year and even in the first quarter of this year. The overall trend can be seen in the shareholding details. In the past year or so, in terms of the weight of the main board, the weights of positions held by various institutions in the industry have been decreasing. However, in the main line of "concept growth stocks" in emerging industries, the positions held by various institutions have been decreasing. Basically everything is rising. This is why the market has been in a pattern of "Shanghai is weak and Shenzhen is strong" except for the short-term strong Shanghai and deep weak market conditions in April and early May after being directly stimulated by positive news. It can be said... The market pattern of "Shanghai is weak and Shenzhen is strong" is the norm, while "Shanghai is strong and Shenzhen is weak" is obviously an abnormal performance. "