Chapter 545: Struggle for Market Dominance (Thirty-Four)!

The entire market investor group is in the spotlight.

The stagnant two markets began to jump instantly. Benefiting from the brewing of pre-market sentiment and the driving effect of the external market, most of the industry sectors and concept sectors in the two markets showed a high opening trend. There are nearly 2,000 stocks in the entire market, and more than 1,400 stocks showed a red market trend.

Among the most high-opening industry sectors and concept sectors.

On the main line of "technology growth stocks", a number of core concept sectors such as "Internet finance", "e-commerce", "Apple concept", "domestic software", and "film and television entertainment" all showed a clear high opening trend, ranking at the top of the two markets' concept sector growth list.

Among these core concept sectors, a number of popular core concept stocks with high market attention and investor discussion heat have a high opening trend, which is even more eye-catching.

For example, LeTV opened with a 1.23% increase; Hengsheng Electronics opened with a 3.29% increase; Sanjiang Shopping, Xinhuadu, Pegasus International, Business Treasure, Small Commodity City and other e-commerce concept stocks all opened with a gain of more than 2%; Apple concept stocks such as Crystal Optoelectronics, Shuobei, Lixun Precision, Changying Precision opened with a gain of about 1%; even the old demon stock Shanghai Steel Union opened with a gain of more than 5 points at the beginning of today's call auction after yesterday's daily limit, with great momentum to continue to hit the daily limit.

Compared with the generally strong stocks in the field of "technology growth stocks" in the entire market.

Traditional investment areas that tend to be in the direction of the main board, especially the "military industry" and "steel" sectors, which once played a money-making effect and the capital group's follow-up sentiment in the market performance yesterday, and even the entire "pan-infrastructure" field, are much weaker in terms of market performance, discussion heat among market investors, and even topicality.

Even in the entire traditional investment field, the two most popular industry sectors, "military industry" and "steel", and their corresponding concept sectors, have not even made it to the top five of the industry sector and concept sector growth list of the two cities, and have completely lost the possibility of continued spread of emotions and hype.

However, in the case that the overall performance of the "pan-infrastructure" industry sectors and concept sectors such as "military industry" and "steel" is not outstanding.

Regarding the core concept stocks that "Fortune Road" bought yesterday.

As well as the market hype and discussion heat, stocks such as "Beijiang Jiaojian, Shanghai Construction, Tianshan Cement, and Shibei Hi-Tech" are still relatively high in the market.

The performance of the market is not bad.

These stocks have relatively maintained a relatively obvious high opening trend, among which "Fushun Steel" even opened higher by more than 2%.

"Haha, the market is really cooperative!" At 9:16, seeing the initial call auction status of the market, at this moment in the Shenzhen Stock Exchange, Pingyin Asset Management, the main fund trading room, General Manager Liu Ziliang couldn't help but smile, "This wind from the external market came at the right time."

Fund manager Chen Shen stood beside Liu Ziliang and nodded slightly: "Indeed, after this wave of emotional stimulation, the main investment concept of 'technological growth' should quickly gain popularity, and the market's broad investor group's consistent investment expectations in this main direction will also form faster."

"It seems that our previous predictions and investment layouts for the market were not Any questions. "Liu Ziliang said, "In this situation, I really want to see how the funds of the 'Yuhang system' will adjust their trading strategies?" Chen Shen thought for a while and responded: "No one can go against the macro trend of the market. Although the funds of the 'Yuhang system' are not small in size and have a huge influence on the market investor group, under the situation that the main development trend of 'technological growth' is unstoppable, I estimate that this main force of funds... should not stick to the traditional investment fields such as 'big infrastructure', and will inevitably reduce the corresponding holding weights and increase the holdings of other popular concept sectors that are developing well in the market. "If this fund really chooses this, That's great. "Liu Ziliang said, "We worked hard to promote the main trend of 'Technology Growth', the purpose is to make the market investment sentiment and expectations explode in this direction, attract various funds to continue to support us, so as to reap more market profits and rewrite our fund's performance in the first quarter." "At present..." Liu Ziliang stared at the changes in the market and smiled: "We are getting closer and closer to success." "If the market trend turns to the line of 'Technology Growth'..." While the two were talking, Gao Yixiang, the fund trading team leader in the trading room, also interrupted and said, "Then the 'Yuhang system', the core market force Institutions will miss out on the market, right? "

Chen Shen nodded and responded: "That's for sure!"

"More than that..." Liu Ziliang smiled and continued, "Once the market trend, sentiment changes, and even investment expectations really turn to the line of 'technological growth', the entire market's investment philosophy in the short, medium, and even long term will have a fundamental change. "

"At the same time, the market is concentrated in the direction of 'technological growth'. "

"It will also cause the liquidity of traditional investment areas of the main board, such as 'big infrastructure', 'finance', and 'big consumption' to further weaken. "

"And when the liquidity in these directions weakens. "

"The impact is that active funds from all walks of life will increasingly flee these investment areas."

"Unsurprisingly, the pattern of 'Shanghai is weak and Shenzhen is strong' will be formed for a long time. At the same time, the market trend in the second half of last year is very likely to be repeated."

"If the market trend returns to the direction of breakthroughs based solely on the small and medium-sized boards and the GEM..." Gao Yixiang asked, "Mr. Liu, which main direction and concept sector should have the greatest potential for breakthroughs?"

Liu Ziliang thought for a while and said: "I believe that the main concept sectors with the greatest market potential are the 'smartphone industry chain' and 'mobile Internet'. Of course, under the favorable stimulus jointly released by the five ministries and commissions, The market situation in the direction of ‘Film and Television Entertainment’ is no different.”

"In the direction of e-commerce and Internet finance, I feel that there is a lot of potential for the market to explode." Chen Shen continued, "I heard that many domestic financial institutions and financial companies, including our group, are calling out 'fintech. 'Slogan, they are also stepping up their efforts to launch their own 'mobile Internet business ports', borrowing the thinking of 'Internet +' to give 'finance' a new meaning."

"Only in the two directions of 'Internet finance' and 'e-commerce'..."

Chen Shen paused for a moment and looked at Liu Ziliang. Seeing that the expression on Liu Ziliang's face did not change much, he couldn't help but continue: "We don't have too many positions. Now that these two major concept sectors have risen, we can't help but It’s great for adding positions.”

Liu Ziliang paid close attention to the collective bidding trend of the two major concept sectors of 'Internet Finance' and 'E-Commerce' in the market, and responded: "But it is not a pity. According to the changes in the overall market conditions, 'Internet Finance' and 'E-Commerce' 'The underlying logic of market speculation in these two major concept sectors is still the two core logics of 'mobile Internet' and 'smartphones.'

"Yes!" Gao Yixiang couldn't help but flatter him, "'Smartphone' is hardware logic, and 'mobile Internet' is software logic. The main investment lines derived from these two core investment logics are the ultimate 'technological growth' The theme idea, and currently, both the 'smartphone penetration rate' and the growth of the user group of 'mobile Internet' are still in the stage where the industry has just exploded. There is huge room for subsequent growth, and it can be used as a market for three to five years. Long-term investment themes, investment.”

"But the big investment theme of 'technological growth' has actually been mentioned by many institutions two or three years ago." Wang Jinglun, deputy leader of the trading room, hesitated for a while and then said, "It is true,' Smartphone penetration rate' and 'mobile Internet user growth' will definitely have huge room for growth in the future, but in the entire market, not just the domestic market, looking at the global market, investment institutions and investor groups from all walks of life, for this The investment expectations in the two main directions are already quite high.”

"I'm worried..."

Wang Jinglun paused for a while, thought about it, organized his language, and then continued: "Under such high unanimous expectations, once some core stocks in these two main areas, or leading companies in the industry, develop their business If performance falls short of expectations, it will easily drag down the overall market conditions in these two areas.”

"Also... everyone is optimistic, which is not conducive to the continued acceptance of chips on the market, or to quickly achieve a certain expected difference, and the market exceeds expectations."

"Jinglun, what do you mean by this?" Before Liu Ziliang could respond, Chen Shen quickly turned his attention to Wang Jinglun and said in a stern tone, "Are you saying that our choice of trading strategy was wrong from the beginning? Or is it? Do you want to say that you are the smartest person in this trading room and can understand this? "

Wang Jinglun was stunned and hurriedly explained: "Mr. Chen, I...that's not what I meant!"

"Okay!" Liu Ziliang frowned slightly, glanced at the three people in front of him, and said, "What Jinglun reminded is not wrong. It's just that we can't look forward and backward during transactions. Since the market has chosen the direction of 'technological growth', And since we have already taken the lead in holding positions in this direction, we can only follow the trend, guide the market as much as possible, and expand the range of profits we can harvest.”

"As for the follow-up related core companies, performance, business expansion, and the growth space shown."

"That will happen later."

"Now, we only need to guide the current market sentiment, expand the money-making effect of the major investment main line of 'technological growth', and attract the broad investor base of the market to continue to deepen in this direction and continue to raise funds for our heavily held stocks. At the same time, we also targeted the funds of the 'Yu Hang Group' to seize the initiative in the market. "

"Look at the long side and the short side, have a broad vision, and be solid on your feet."

"This is the essence of trading, and it is also the trading principle that we, as asset managers, should follow."

Hearing Liu Ziliang's warning, the three people in the trading room who were obviously a little uncomfortable nodded their heads, and then quickly turned their attention back to the trading interface of the two cities.

After a short discussion between the three of them...

The market trading time at this moment has slipped to 9:19.

On the entire market trading board, the so-called "technological growth" is the main line area, such as "Internet finance", "e-commerce", "film and television entertainment", "domestic software", "Apple concept" and other core concept sectors, and The trend of corresponding popular concept stocks is getting stronger and stronger, and they have fully occupied the forefront of the growth lists of concept sectors in the two cities.

As for the traditional investment areas of the main board, such as 'military industry', 'steel', 'real estate', 'finance', 'building decoration', 'building materials' and other industry sectors, as well as their corresponding concept sectors, the trend has fallen into contraction again. With the volume falling, the liquidity of funds on the market in various industry sectors is very poor, especially for super blue-chip stocks with a market value of 100 billion, such as 'Huaxin Securities, China Commercial Bank, China Pacific Insurance', etc. The matching trading volume is actually not as good as that of small and medium-cap concept stocks with a market value of tens of billions, or even several billions in the fields of 'film and television entertainment', 'Internet finance', and 'domestic software'.

"It's really a combination of ice and fire!"

Seeing that in the direction of the main board, during the initial call auction stage, the money-making effect and emotional enthusiasm shown are really very limited, and even 'Fushun Special Steel', a conceptual leading stock with the support of 'Fortune Road' seats, the call auction trend, It is also falling steadily. At this moment, within Yuhang Minghui Capital, in the main fund trading room, the fund manager He Hong was helpless. He couldn't help but frowned and sighed: "Is the market really moving towards the main line of 'technological growth'?" Development is gone forever? Is it true that there are no opportunities in the "big infrastructure" line? It shouldn't be possible! How can the "Yu Hang Group" capital gather in this direction to make money? , Can’t move it at all?”

Hearing He Hong's emotion, General Manager Xu Zhongji, who was standing next to him, responded in a deep voice: "Be patient. I always feel that the line of 'technological growth' is not so easy to completely overcome. History will repeat itself, but every time it is repeated The way is absolutely impossible.”

"Mr. Xu is still optimistic about the direction of 'big infrastructure'?" He Hong asked.

At this time, the market trading time has quickly jumped past 9:20.

I saw that after a large number of false pending orders were canceled, the market finally showed a real call auction state. Although the volume of matched transactions was significantly lower than a minute ago, the overall market pattern of the two cities was There has not been much change. It is still the pattern of "Shanghai is weak and Shenzhen is strong", and stocks corresponding to "Technology Growth" still occupy the mainstream of high-opening stocks. A number of traditional investment sectors have mediocre performance. Not only are the market leaders buying orders Scarce, active selling is also scarce, and the overall liquidity is relatively lacking.

Xu Zhongji responded: "I'm not optimistic, I believe that the market will be in a '28 pattern' at any time, that is, it will not allow the vast majority of investor groups to make money. In the current main line performance of the market, 'technological growth' 'The overall valuation of this line is several times higher than that of many main lines in the traditional field. At the same time, the short-term increase is not small, and the sentiment and expectations have already been filled. There is no room to exceed expectations. "

"What's more important is..."

"Under the current circumstances of the market, there is not much incremental capital to continue to enter the market to take over the market."

"Therefore, it is definitely not that easy to continue to hold high on the line of 'technological growth' and to open up new heights of space without going through a wave of mid- to long-term drastic adjustments."

“On the contrary, the enthusiasm, emotions, expectations and other aspects have dropped in the direction of ‘big infrastructure’.”

"At this time, there is a good opportunity for breakthrough."

"If the funds from the 'Yu Hang Group' that are concentrated in the 'big infrastructure' line are really courageous, I think... they will take action under the current situation."

"Hey, I hope so!" After hearing Xu Zhongji's analysis, He Hong sighed softly and nodded.

After the continuous layout at this stage, under the influence of Xu Zhongji, the current main positions of several funds under their company are also completely focused on the direction of 'big infrastructure', so... psychologically, He Hong must also hope The direction of market breakthroughs can be completely biased towards the field of 'big infrastructure'.

However, hope is hope.

When he finished sighing and turned his attention back to the trading boards of the two cities, a number of traditional industry stocks on the Shanghai main board, as well as their corresponding blue-chip weights and popular concept stocks, were still losing blood, with a focus on Shenzhen. The industry sectors and concept sectors in the "Technology Growth" main line of the city's Small and Medium-sized Board and GEM, as well as a number of popular growth concept stocks, followed the deepening of sentiment and continued to rise under the influence of buying funds following the trend. The overall high The opening range is getting wider and wider.