Chapter 556 The Journey of the Bull Market (I)!
"Yeah!" Su Yu nodded and said, "What the current market actually lacks is a fire. As long as the market's investment sentiment and investment confidence are really ignited, with the valuation level that the market has suppressed for six or seven years, It’s easy to get out of a bull market.”
"I think so too." Li Meng said with a smile, "And... we can clearly feel that the investment confidence of the vast investor group in the market for the market outlook has changed significantly recently. The bulls in the market have already taken over. The advantage.”
"But to induce a bull market, this expectation and emotion are not enough." Su Yu said.
Li Meng smiled softly and said: "So, this requires us to further open up the market space and maximize the profit-making effect and profit-making space of the two main lines of 'infrastructure' and 'military industry', so that you can induce this The fire of the bull market can really ignite.”
"Besides, didn't you mean..."
Li Meng paused and then said: "The market regulators also hope to induce a bull market to ease the market liquidity dilemma, open up the direct financing channel of the stock market, and establish a solid foundation for the implementation of the 'registration system' in the subsequent planning. From this perspective, once we create the emotional effect and the money-making effect, and the market investment confidence can significantly recover, the regulatory authorities should also help in terms of market news. "
“In the second half of the year, there are many favorable policies to be implemented.”
"In addition to the possible interest rate cuts and reserve requirement ratio cuts by the central bank you just mentioned, the official opening of Shanghai-Hong Kong Stock Connect, the positive implementation of the 'New Country Nine', the further deepening of the reform and reorganization of central and state-owned enterprises, and even the construction of new free trade zones, new era silk The implementation of the road's development strategy... and other major benefits are all in the window period of continuous realization. "
"Generally speaking, market expectations for the second half of the year should be much better than those for the first half of this year."
"Under such a change in expectations... it is entirely possible for the market to go bullish."
“I just don’t know if after we pull out the two main market trends of ‘infrastructure’ and ‘military industry’, whether the market investor group can form more and more consistent expectations in investing in the direction of the Shanghai Stock Exchange Main Board, and make decisions around the breakthrough of the Shanghai Stock Exchange Index. After all, after all... If the funds from all walks of life in the market have huge differences after this obvious rebound trend and are redistributed to the line of 'technological growth', then the pressure from above will become increasingly heavy. , If the Shanghai Stock Exchange Index wants to completely break through 2,500 points and create higher space, I am afraid it will be difficult again.”
Su Yu heard Li Meng's words and responded with a smile: "Although the long-term expectations for the 'technological growth' line are not bad, there are obvious flaws in the short- and medium-term expectations, that is, the internal chip structure is chaotic. , the position-holding institutions of all parties are competing against each other, and no one is willing to safely support the other party. At the same time, because there have always been too many institutions that are optimistic about this main line, and too many funds have gathered in it, the market valuation of this line has been reset. It has never come down, which has resulted in the performance growth of this line not keeping up with the changes in valuation.”
"In other words, as of now, the line of 'technological growth'..."
“In most concept sector areas, the performance growth rate fails to match the changes in valuation, that is, expectations are fulfilled, and there is a possibility of failure.”
"These factors have directly led to the uncertainty of market outlook expectations in the 'technological growth' line."
"With this kind of uncertainty, as its internal chip structure becomes increasingly chaotic, and the institutional groups holding positions are already competing against each other, in the short to medium term, even if 'infrastructure' and 'military industry' rebound, they will fall into a short-term turmoil. During the adjustment, the core main funds in the market will no longer choose to fully converge on the main line of 'technological growth'."
"In other words, for the line of 'technological growth', even if there is a market in the future, the market will definitely be in a differentiated form and cannot form a collective upward and independent breakthrough trend like last year and the second half of last year."
“So, I think there is absolutely no need to worry that the ‘technological growth’ line will continue to attract active capital groups on the Shanghai Stock Exchange.”
"Of course, the line of 'technological growth' still has considerable investment value and investment opportunities from a long-term perspective, but currently... it is far from the time to re-arrange the layout."
"In this offline investment strategy conference in Shanghai, many institutions have stated that the market will break through on the line of 'technological growth'."
"That is completely disrespectful of the actual trend changes in the market and the expected changes in emotions in all aspects, and weaved lies that feel good about themselves. Sure enough, now these guys have shot themselves in the foot. That is their own fault, and it is not worth it. pity."
After hearing Su Yu's analysis, Li Meng carefully thought about the investment logic and responded: "Performance growth cannot keep up with valuation performance, resulting in insufficient short-term and medium-term expectations for the 'technology growth' line, and many core stocks are expected to I still agree with the investment thinking logic that there is uncertainty in future growth. However, on the line of 'technological growth', there are expectations in several sectors and the logic of expected fulfillment is quite clear and clear. Intense.”
"For example, we are deploying in the field of 'Internet finance'."
"There is also the 'e-commerce' sector, which has just gained market sentiment and is far from expected to be implemented."
"These two sectors should continue to strengthen in the future, right?"
"If the continued strength of these two sectors is used to re-condense the expectations and emotions of the "Technology Growth" line? Will it divert the active capital concentration effect in the market breakthrough trend? And thus lead to market expectations differentiation?"
Su Yu smiled and responded firmly: "No, the two hot concept sectors of "Internet Finance" and "E-commerce" have strong speculation expectations at present, and the favorable expectations have not yet been implemented. There is still strong emotional support upward, but these two sectors are too small to support the entire "Technology Growth" main line market."
"If there is really capital using this as a springboard to leverage the entire "Technology Growth" main line..."
"That can only delay the rapid retracement and collapse of the "Technology Growth" main line, and cannot reverse the short-term trend of the decline."
"Moreover, the "Technology Growth" line has attracted a lot of funds from all walks of life recently."
"Now that expectations have failed, the market main line has not chosen this trend to break through mouth, then the flight of funds from all walks of life is a very clear thing. "
"In such a situation..."
"Not to mention that it can also divide the market's expectations and cause the diversion of market funds."
"Even if it is not led by the core leading stock of 'LeTV', which is the most negative, to form a big crash, it will be good."
"The initiative of the market has temporarily returned to our hands..."
Su Yu said here, his eyes were firm, and his heart was also heroic: "Since the market has chosen to break through the main market direction dominated by us, what we can do is to try our best to hit the market height and expected space in the market's expected favorable cooperation, ignite the flame of the bull market, and maximize the huge profits of the market."
"It's okay to be prepared for danger in times of peace."
"But at this time, the hurricane of market sentiment has already taken shape, and the curtain of the bull market is about to be opened. We don't need to worry too much."
"Okay!" Li Meng smiled, and saw Su Yu full of confidence, and was very happy in her heart.
She stared at Su Yu's handsome face, and was completely infected by his self-confidence. The stereotype of Su Yu in college flashed through her mind again, and she suddenly realized that the person sitting not far from her had already completed the transformation in temperament, and there was no trace of the past.
"Why are you looking at me like that?" Su Yu felt Li Meng's gaze and asked with a smile.
Li Meng chuckled and replied, "Suddenly I feel that you seem to have more and more of the temperament of those industry leaders that I used to know."
"Wealth will enhance a person's confidence and change a person's temperament." Su Yu smiled, "This is called 'wealth nourishes people', haven't you heard of it?"
Li Meng shook her head and smiled, "I really haven't heard of it."
"Oh, by the way..." Su Yu paused for a while and changed the subject, "I will go to Hong Kong City tomorrow to talk to Mr. Du of 'Pan-Atlantic Capital' about co-investing in the 'Three Fast Online' project."
"Has the 1 billion loan from 'Zhenhua Capital' been received?" Li Meng asked, "So fast, I thought it would take until the end of the month."
Su Yu nodded and said, "If they want us to owe them this favor, they will naturally be quick."
"Yeah!" Li Meng responded, and asked, "How many days will you be gone?"
"I should be able to come back on Monday!" Su Yu said, "Liang Bin will be in charge of the specific negotiation matters. It's already been done. I just went to meet and sign the contract."
"Oh, by the way, there's one more thing..."
Su Yu said here, and then he remembered something: "The decoration of the house I bought before should be almost finished. Please help me take a look tomorrow. If you are not satisfied with anything, ask the decoration company and the design team to change it as soon as possible. It's still not too late to change it now."
"I'll help you check it?" Li Meng was stunned. "Didn't you let Yu Ling take care of the house?"
Su Yu said: "I'm not talking about the ones I took over from 'Pengyuan Real Estate', but the one I bought in 'Binjiang New City' before."
"Oh!" Li Meng reacted, "Okay, I'll call Yu Ling to come together tomorrow."
The two chatted for a while. Li Meng saw that it was getting late and the drama she was following had ended. She threw the tablet on the coffee table and said 'good night' to Su Yu. She was about to get up and go back to the bedroom to sleep, but she didn't want to sit for too long. When she got up, her feet felt numb and she fell to the ground.
Su Yu was sitting not far from Li Meng. Seeing this, he hurriedly reached forward to help her.
But he didn't expect that in a hurry, he inserted his hand into her chest, which made both of them a little embarrassed.
After taking a shower, Li Meng changed into a suspender skirt. Although she was wearing underwear inside, the feeling just now was still very obvious, and her heartbeat was much faster.
In fact, the two of them have come to this point, except that neither of them has expressed their attitude.
In the eyes of others, in the eyes of everyone in the company, they are no different from a couple.
"Sorry." Su Yu coughed lightly.
Li Meng sat back on the sofa, rubbed her numb calf, and said nonchalantly: "What time is your flight tomorrow? If it's too early, there's no need for Dai Lingna to drive here. I can take you there."
"Okay!" Su Yu responded.
Then, seeing that her legs were not so numb, Li Meng got up and quickly went into the bedroom.
Lying on the bed in the bedroom, looking through the bedroom window at the bright lights of the city outside, Li Meng's mind unconsciously recalled the scene just now, and her ears slowly began to turn red. At the same time... she began to have wild thoughts in her heart, wondering what Su Yu thought of her specifically.
The two of them had shared a house for so long.
In fact, she was still looking forward to something happening in her random thoughts occasionally.
But Su Yu didn't take the initiative, and she had no choice. At least... she felt that she couldn't take the initiative to take that step and bring the relationship between the two closer.
"Oh, forget it, don't think about it!" The more Li Meng thought about it, the more she felt that she was not serious, and she quickly cut off the idea.
Su Yu didn't know what was going on in Li Meng's heart, but he felt that the other party seemed to care more about him. Of course... he also enjoyed this feeling and thought it was good. As for more, he didn't think clearly about how to take that step to make the relationship between the two closer.
After all, he felt that the two were both friends and company partners.
Once the relationship is not handled well, it will be disadvantageous for both individuals and the current development of the company. In other words, there are many concerns in the mind, which leads to slow action.
The two of them had their own thoughts, and they had a lot of random thoughts through the door of the bedroom.
Afterwards, near 10 o'clock in the evening, Su Yu continued to browse some important information in the market and browsed the stock forum topics for a while before going to bed.
The next morning, at around 7 o'clock, the two got up almost at the same time.
Li Meng made breakfast, and after Su Yu washed up, he ate a little, and then they went out together.
Li Meng drove Su Yu to the airport, and then turned back to Shi Yuling's residence to pick her up to go house hunting together. Su Yu, accompanied by assistants such as Dai Lingna and Li Xiaoling, and two department heads of the company's venture capital department, boarded the plane to Gangcheng.
At noon, the plane landed in Gangcheng, and Liang Bin and his group were waiting at the airport.
Afterwards, under Liang Bin's arrangement, after lunch and a rest, near dinner time in the afternoon, Mr. Du of Atlantic Capital met with Su Yu and other people from Yuhang Investment at the Peninsula Hotel.
"Mr. Su, I didn't expect you to be so young." At the dinner table, Mr. Du, who was dressed in a bald head and tall and strong, smiled and shook Su Yu's hand. "Mr. Su's legend in the domestic asset management industry is well-known to me, even though I am far away in Hong Kong."