Chapter 583 The Journey of the Bull Market (Twenty-Eight)!
"Thank you, teacher, I learned it!" Li Meng chuckled.
Su Yu was stunned when he saw her eyes suddenly become gentle and charming, and said with a smile: "If you say that, our generations will be in chaos."
"What does seniority have to do with teachers in studies?" Li Meng asked doubtfully.
"Okay!" Su Yu paused for a while, not knowing how to answer the question. After thinking for a while, he changed the subject and said, "The 1 billion loan we applied for from Huashang Bank has been paid out today. In the future, we can almost start to acquire all the shares of 'Anzhao Fund' from Oriental Group."
"So fast?" Li Meng was a little surprised.
Su Yu smiled and said: "It's indeed faster than I thought. With this 1 billion supplementary fund, our company can be free to expand its business for the time being."
"Yeah!" Li Meng nodded, "If we can successfully acquire 'Anzhao Fund', our company's asset management scale should be able to reach a higher level. In fact...if our judgment on the market is correct. , it is certain that a 'bull market' is just around the corner, so I think we can also aggressively apply for another fund product, raise funds publicly, and gather a group of funds to enter the market."
Su Yu thought for a while and said, "It's not yet time to issue the new fund."
"Not yet?" Li Meng asked.
"Well!" Su Yu nodded and said, "First of all, the overall breakthrough trend of the market has not yet emerged, and the market investment sentiment and investment confidence have not yet changed from quantitative to qualitative changes; secondly, the trading skills our company currently cultivates There are not enough staff, and we need to step up the recruitment and training of a group of trader talents; finally, our company’s current main fund products have not announced their results yet, and open fund positions to further stimulate investor sentiment and build momentum for the issuance of new funds. time, so...that’s why I said it’s not the time yet.”
"But from what you're saying, you probably already have the idea of issuing a new fund, right?" Li Meng continued to ask.
Su Yu responded with a smile: "This is natural. The 'bull market' is just around the corner, and our company is already on the cusp of the market. At this time, why not make good use of the investors' trust in us and maximize our The company’s asset management scale, isn’t that a pity?”
"If a new fund is launched, how much capital do you think we can raise this time?" Li Meng asked, "And, after raising funds, what will be the layout next...?"
Su Yu responded: "It is currently impossible to estimate the scale of funds that can be raised, but it should be far more than 10 billion. As for the follow-up layout..."
Su Yu smiled, looked at Li Meng and asked, "Where do you think our next investment direction should be?"
Li Mengmeng thought for a while and responded: "According to our previous expectations and the macro changes we discussed before, if there is a 'bull market', the main investment line that cannot be ignored first must be the 'big finance' field, and ...Didn’t you say before that after the Federal Reserve eases the pace of interest rate hikes, our domestic central bank may lower interest rates and lower reserve ratios? If it can lower interest rates and lower reserve ratios, the stimulus to the main line of 'big finance' will be even more intense. ”
"but……"
Li Meng paused and then said: "The main line of the current market situation still revolves around 'infrastructure' and 'military industry', and various active funds in the field have already tapped into the 'Eurasian Economic Belt', The main hype themes of 'New Era Road, Maritime Silk Road' and 'Reform and Reorganization of Central and State-owned Enterprises' have further enhanced the future expectations of the two major investment lines of 'infrastructure' and 'military industry'."
"With this future expectation gradually deepening and the trend evolving stronger and stronger."
"The two core main lines of 'infrastructure' and 'military industry' should continue for a long time, right?"
"With our current positions in these two core main areas, I'm thinking...if we significantly adjust our positions into the 'big financial' field at a relatively high level, I'm afraid it will have a big impact on the market. , could derail the market’s upward trend.”
"At the same time, when we choose an opportunity, we must give up an opportunity."
"Comparing the main line of 'big finance', which has potential expectations for the market outlook, I am still unable to determine which of the two main lines of 'infrastructure' and 'military industry' will have a greater market space in the future, and who will have a smaller future market space?"
Su Yu said with a smile: "The trends of the two main lines of 'infrastructure' and 'military industry' and the trend of 'big finance' cannot be consistent. It is very likely that 'big finance' will riot. At that time, 'infrastructure' and 'military industry' fell into a short-term adjustment stage. "
"In fact, based on past historical market performance..."
"Even in the bull market stage, the rise of all stocks in the entire market will not be synchronized."
"If the next market really develops according to the expectations we discussed before, then we will have enough time to finish the two main lines of 'infrastructure' and 'military industry' before turning to the direction of 'big finance'."
"In terms of current market changes, the future expected logic of the two main lines of 'infrastructure' and 'military industry', as well as the core speculation logic, have been unearthed by active funds from all walks of life in the market, and the speculation expectations are also increasing with the The stock price is rising and is in the stage of gradual realization.”
"On the other hand, looking at the core main line of the market, 'big finance,' the current investment logic is not very clear."
"The investment logic of 'Big Finance' has to follow the continuous upward breakthrough of the Shanghai Stock Exchange Index. The market's quantitative energy has changed from qualitative changes to quantitative changes. The market's investment sentiment and investment confidence have changed significantly. The vast number of investors both on and off the market have gradually gained confidence." With the expectation of a 'bull market', the investment logic of the 'big financial' line will gradually become clear."
“And we need to make the line of ‘big finance’ have the explosive intensity expected in the future.”
"You have to have this expectation that the central bank will continue to release liquidity when the main funds of all parties are getting stronger and stronger in the 'bull market' expectations."
“Only with the resonance of these two conditions can it be possible for the ‘big finance’ line to emerge.”
"However, the current expectations of these two conditions have not been clearly demonstrated at all."
"So, in the current market, the line of 'big finance' is so weak, and when big funds from all walks of life entered the market to increase their positions, they did not pay attention to this main line area."
"So, before these two major expected conditions mature, we have enough time to make arrangements after completing the main stage of the main rise in the two main lines of 'infrastructure' and 'military industry.'"
"Okay!" Li Meng nodded, "In that case, let's deal with the current market situation first, and then talk about the future!"
Although according to the previous discussion between the two men, the market has indeed possessed the most important conditions and genes for a 'bull market', but whether the market can finally make a substantial breakthrough and get out of the bull market trend still needs the joint efforts of all parties' funds. , for actual verification.
Of course, no matter what...
In the two core main lines of 'infrastructure' and 'military industry', money-making effects have been achieved, and the main funds of all parties in the market have fully tapped into the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'State-owned Enterprises'. In the context of these core concepts such as the reform and reorganization of state-owned enterprises, the market outlook, as well as investment sentiment and investment confidence, are unlikely to be worse than in the first half of the year.
After the two discussed the market conditions and other trivial topics, they went back to the bedroom to sleep.
After that, the US stock market opened for trading and continued to maintain its adjustment trend. At the same time, a number of core technology stocks that had been supporting the upward trend of the US stock market's Nasdaq Index all experienced violent intraday diving trends in the second half of the trading period, resulting in When U.S. stocks closed, several major indexes closed down across the board.
And affected by the trend of U.S. stocks.
The next day, the entire Asia-Pacific stock market, which opened earlier than the A-share market, opened significantly lower.
At the same time, affected by the continuous adjustment and continued decline of the external stock market, as well as the impact of the collapse of the main line investment logic of 'technological growth' investment that was previously expected to be good, the pre-market investment sentiment of the entire market, compared with yesterday's after-market and evening, showed a A clear downward trend.
"The external market has been adjusted for three consecutive days. Can our Big A maintain an independent trend today?"
Before the market opened, around 8:50, a group of retail investors gathered in an online stock investment forum, and someone raised a question in the topic discussion.
"I'm afraid it's going to be difficult! The index has been strong for two days, and there is a high probability that it will be adjusted accordingly today."
"The two main lines of 'infrastructure' and 'military industry', as well as the popular stocks in the core conceptual themes of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central and State-owned Enterprises', and There should still be no major problems with today's trend of core concept stocks. The key is the line of 'technological growth'. In the external market, stocks in the 'technological growth' category have fallen sharply in recent days. Let's There is a high probability that stocks like Big A will make up for their losses.”
"Making up for the decline? You're not mistaken. I feel that our big A should adjust the line of 'technological growth' first. Look at the check of 'LeTV', it has fallen by three limits."
"Even though 'LeTV' has already hit its three limit levels, it is still ridiculously expensive compared to future expectations."
"Not only is the valuation of the 'LeTV' check ridiculously expensive, but also compared to the two main lines of infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Central and State-owned Enterprises' "Reform and restructuring' are popular stocks in the direction of these core concepts, as well as core concept stocks, and stocks in the entire 'technological growth' main line area, none of them have a reasonable valuation."
"At this current position, after the investment logic of 'LeTV' collapses, the stock price will be cut in half sooner or later."
"It's easier to cut it off from the waist. Let's cut it off at the bare feet!"
"Anyway, at the moment, the best strategy is to avoid stocks in the 'tech growth' category."
"If the two main lines of infrastructure and military industry, as well as the core conceptual themes of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central and State-owned Enterprises', can be sustained, It feels like there is no room for downward adjustment in the index!”
"The key is whether you can hold on?"
"These popular main lines, the current core stocks, are actually not very high in position, and I feel they can be sustained."
"Let's see how the market's leading concept stocks, such as 'Chengfei Technology', 'Yinkou Port', 'Fushun Special Steel' and 'LeTV' will fare after the market opens. If the money-making effect of these popular leading stocks is still not good, Well, there’s actually nothing to worry about in today’s market.”
"That makes sense. The duck knows when the river water warms up in spring. The speculators in the market are definitely the smartest and most sensitive group of funds in the market. Their trading direction can determine the trend of the market to a certain extent."
"I am firmly optimistic about the two main lines of 'infrastructure' and 'military industry', as well as the core concepts of 'Eurasian Economic Belt', 'New Era Road and Maritime Silk Road', and 'Reform and Restructuring of Central and State-owned Enterprises'. Only when the market of these main lines is active, the whole market will have the momentum to continue to move upward."
"I agree. At this time... Actually There is really no need to be too pessimistic. "
"Not only do we not need to be too pessimistic, but we should be optimistic. Many people compare our A-shares directly with the US stocks and the trend of the US stocks, but they have never thought that the current valuation level and index position of our A-shares are completely different from those of the US stocks. The A-shares have been in a bear market for almost six years and are now showing signs of bottoming out, while the US stocks have been bullish for six years and are at a relatively high level. It is normal for the US stocks to pull back and digest the valuation. It is also reasonable for our A-shares to break away from the US stocks and develop an independent trend. In my opinion... the two markets are fundamentally They can't be compared."
"Haha, that's true. Those who really compare the two markets are either stupid or bad."
"But the trend of the US stock market has a great impact on the trend of our A-share market, as well as the valuation suppression in the same sector. At least no matter from which aspect, today's "technological growth" line obviously does not see the hope of a rebound."
"At this time, who buys "technological growth" stocks? They must be chasing "infrastructure" and "military industry"! "
"Follow the hot main line of the market. Although you may chase high and get trapped, the loss effect is much better than weak stocks. The main trend area is still much smaller. "
"It is actually the safest to buy stocks that Mr. Su's "Fortune Road" has bought and is still holding. "
"Yes, yes, this is good advice. "
"Haha, I have long chased the corresponding core stocks that Mr. Su's "Fortune Road" has laid out in the main areas of "infrastructure" and "military industry". If you ask me... At this time, as long as Mr. Su's "Fortune Road" is not sold publicly, the index will fluctuate at will, and there is absolutely no need to be afraid. "
The vast retail investor group is in a heated discussion...
Unknowingly, the market time has moved to 9:15.
The stagnant two market disks began to jump again under the attention of countless investors. Nearly 2,000 stocks participating in the transaction in the two markets all ushered in the call auction.
9:16, 9:17, 9:18...
When the initial call auction time moved forward minute by minute.
When 9:20 arrived, the market entered the real call auction phase. After a large number of false orders were withdrawn at 9:19, the market situation was obviously stronger than most investors expected before the market opened.
"'Chengfei Technology' actually opened with a daily limit."
At 9:21, in Yuhang, Yuhang Investment Company, in the internal main fund trading room, Wang Can sat at his workstation, staring at the changes in the market trend. There was obvious surprise in his eyes. He looked at Su Yu on the side and asked: "Boss, why does this check feel that the more it goes on, the stronger the market trend and expectations are. This is the fourth board, and there is no large amount of short-term profit funds for extreme selling."