Long Yunkai asked Li Xin and Wang Minghui: "What kind of wine do you drink? Moutai or Wuliangye?"

Li Xin said: "I don't drink, I have to go to work in the afternoon, you are free, you can drink anything." ”

Long Yunkai said: "I finally invited you out for a meal, how can you do it without drinking? It's okay to go to work in the afternoon, drink less." ”

Li Xin said: "Mr. Long, it's really not polite, I don't drink much, I'm allergic to alcohol, and my face is flushed when I get drunk, you feel free, you just drink." ”

"So, then let's have a bottle of Moutai?" Long Yunkai looked at Wang Minghui and said.

Wang Minghui smiled: "Okay, I'll accompany you to drink." ”

Long Yunkai picked up the chopsticks, pointed to the delicacies on the table and said to Li Xin and Wang Minghui: "Come on, come on, everyone is an acquaintance, don't be so polite, let's talk while eating." Li Xin, continue the topic just now, and talk about your high opinion. ”

Li Xin said: "I can't talk about it, but I think this wave of stock market growth is different from the past, and this wave must be a relatively large bull market." ”

Long Yunkai asked with interest, "Why do you say that?"

Li Xin said: "I will take the stock of Western Copper as an example to illustrate, you ask me why I have not sold this stock, in fact, the reason is that the continuous rise in copper prices in the past few years has brought changes to this company." The price of copper has risen five or six times, but when we bought this stock, it did not rise to that extent, which is abnormal. ”

Li Xin took a bite of food, paused for a moment, and then said: "The reason for the rise of this stock is the rise in copper prices, but what is the background of the rise in copper prices? This background is the upgrading of domestic consumption brought about by the rapid development of the real estate industry in the past seven or eight years. ”

When Long Yunkai heard this, he couldn't help but stop the chopsticks in his hand.

Li Xin said: "Mr. Long, you may not be familiar with the rise in domestic copper prices and the growth of copper consumption in the past seven or eight years, but you must know better than anyone what the rise in domestic steel prices and the growth of consumption are." ”

Long Yunkai nodded.

Li Xin also said: "The real estate industry is now a pillar industry in China, and its huge impact on dozens of upstream and downstream industries can be seen from the rise in copper prices and steel prices. For example, cement, building materials, home appliances, decorative materials, glass, etc., the consumption and price growth of these industries are compared with steel and copper. Or take copper as an example, copper has risen six or seven times before last year, and the rise in the stock price of the western copper industry, a leading non-ferrous metal enterprise, began last year, compared with the rise in the price of its products, it has lagged behind for 1~2 years, and the increase in stock price is far less than the increase in product prices. What does it mean for a company that has risen six or seven times in the last six or seven years that its market value has increased dramatically, right?"

Li Xin's words went to Long Yunkai's heart. Outsiders don't know, but as the boss of the steel mill, he knows very well that in the past few years, because of the continuous rise in steel prices and the substantial increase in consumption, the profits of almost all steel mills have expanded several times, and his personal net worth has increased to more than one billion.

"For a listed company, a significant increase in market value will definitely be reflected in its share price. So for the entire stock market, the companies that can be listed must be the leaders in their respective industries, these leaders in the past six or seven years, because of the promotion of real estate prices have made great progress, and now the stock price should have a very good reflection. This is the reason why the stock of Western Copper continues to rise, and it is also the reason why the entire stock market continues to rise. Nowadays, more and more over-the-counter funds are aware of this problem, so they will take the opportunity to collect chips at a low level despite the previous two interest rate hikes and a sharp increase in transaction costs. Judging from the current point of the entire stock market, I think it is far from the height expected by over-the-counter funds, otherwise they would not have collected chips at a low level in the face of such a negative interest rate hike. Today's trend once again confirms my judgment, in the eyes of over-the-counter funds, there is still a lot of room for the market to rise. I've carefully studied the trend of Western Copper and the broader market, and as soon as there is a decent pullback, it will be pushed higher again, and the new highs are often higher than before the pullback. Counting today's interest rate hike, it is the fourth time that there has been a phenomenon of opening low and going high when it is bearish. The best explanation for this phenomenon is that the bearish is bullish, and the big money is taking advantage of the bearish news to grab chips. Therefore, I say that this wave of stock market rise should be a real bull market, and the real deep-seated reason is that listed companies have made great progress in the past 6 years, and these developments should eventually be reflected in the rise of their stock prices, which is the most important endogenous driving force for the stock market to continue to rise. ”

Wang Minghui was a little confused by Li Xin's endless explanations, and he didn't understand what Li Xin said for a while.

However, Long Yunkai, as the CEO of the steel mill, has experience in real economic management and operation in the capital market, and Li Xin's words made him suddenly realize.

He suddenly realized that he only focused on the after-tax profit growth and changes in the operating performance of a single company, but Li Xin's perspective was much broader than his.

Li Xin saw the development process of the entire market economy from the development process of Western Copper, and looked at the overall development prospects of the stock market from a higher perspective, and then inferred that the stock of Western Copper will still rise in the face of the current interest rate hike.

Such an analysis method can be said to grasp the most fundamental reason, no wonder the stocks he fancies continue to rise.

This kid is really a talent!" Long Yunkai secretly admired in his heart.

Some people can talk about it but can't do practical things, while some people can do concrete things but don't see the big picture. Long Yunkai has never seen a person like Li Xin who can switch back and forth between macro and micro to think about problems, and really think big and start small.

He realized once again that his judgment of Li Xin was not wrong at all.

"Did you Southern Group buy shares in Western Copper?" asked Long Yunkai.

Li Xin shook his head and said, "No." ”

Long Yunkai was a little puzzled: "You are a company in the non-ferrous metal industry, why did you let go of such an opportunity?"

Li Xin smiled and didn't speak.

Long Yunkai understood: "The head of your group can't see this, and you haven't told them your opinion?"

Li Xin scratched his head with his hand, and said with some embarrassment: "Alas, it's hard to say, it's not that I haven't said it, but their minds are not on this, and it's already very good if I don't do my job." ”

"But if they make a move, this wave of opportunities will be more than a dozen or twenty billion profits! I estimate that your group's profits from a year's hard work will not exceed this number, right?" He really couldn't figure out why those leaders of the Southern Group didn't reuse Li Xin and only let him be a small secretary and assistant.

Li Xin nodded and said, "That's right, you can't make so much money in a year." ”

Long Yunkai asked, "Why don't you want to come out and do it yourself? It's not much fun to work in that company." ”

Li Xin smiled: "I'm suitable for doing some stock futures or something, I can't even touch the door to do anything else, if I really come out, that is, I stay in the big room every day to watch the market, which is similar to what I am now in the office every day, why bother." ”

Long Yunkai thought to himself: This person is really different, the managers of several branches under him immediately set up their own doors after earning millions, but Li Xin is now worth hundreds of millions and is willing to be a wage earner, if he hadn't seen it with his own eyes, he wouldn't have believed it.

But this kid is really angry, others don't take him seriously, he uses his ability and vision to seize the opportunity, and he can bend and stretch.

Long Junkai is a businessman, and he knows how difficult it is to make money in this market. He has his own group, two steel mills and more than a dozen enterprises, thousands of employees to help him make money, and he has worked hard for six or seven years to have such a net worth now.

But what about Li Xin, who is working hard in the market alone, in just a few years, his net worth is already a quarter of his own, which is very remarkable.

"Then how much do you think the market will rise?" Wang Minghui asked.

Li Xin said: "There will always be seven or eight hundred points, and there may even be room for a thousand points." ”

"Is there really such a big space?" Wang Minghui couldn't believe it.

"I think it's possible. Li Xin nodded and said.

Long Yunkai said: "Although the trend of the stock market today is in line with your judgment, you should also be careful, this is the third rate hike for the overheated stock market." The funds in the market can ignore such disadvantages, but the increase in production costs of enterprises is an unavoidable reality. If nothing else, let's just say that after these three interest rate hikes in my factory, the increase in my production cost per ton of steel has given me a headache. Interest rate hikes affect all lenders, and listed companies are no exception, and you should note that the cumulative effect of these successive rate hikes is gradually increasing. It's like treating a patient, the inflammation can't be taken off for a day or two, but can there be no effect after a week of continuous infusion?"

Li Xin said: "What you said is also reasonable, but I think this heat may not be able to decrease in a short period of time." ”

Wang Minghui said: "You just said that the price of copper has risen six times in recent years, and when we bought Western Copper last year, its stock price rose very little, but now its stock price should have increased by five or six times compared with last year's low, is this not enough?"