"Huachuang Xinthai is really suspended!"

Seeing the sudden suspension and restructuring announcement of this stock, Li Meng was surprised and said happily: "It seems that Mr. Xu of Minghui Capital has made the right bet this time, and we have also taken a sip of soup." ”

Su Yu said with a smile: "If it is a matter of benefit, everyone takes what they need." ”

Xu Zhongji told them the news, originally hoping that they would be able to maintain the stock price of Huachuang Xince under the condition that the overall market situation is not good, so as to maintain the net value of Minghui Capital's main fund, so that the fund can survive the dawn before the darkness.

While they got the news and the opportunity, they were already taking the risk.

"If Xinwei Group really borrows Huachuang Credit Test, according to the capital market's valuation and future expectations for Xinwei Group, how can Huachuang Credit Test have to have one to two times the increase, right?" Li dreamed of this, and his eyes lit up, "With our investment of 50 million, we can at least reap a profit of 50 million to 100 million." ”

Su Yu bowed slightly, and said: "According to the popularity of Xinwei Group in the current capital market, it is really a backdoor Huachuang Credit Test, and there must be a one- or two-fold increase, but our position in Huachuang Credit Test is not much, according to the current net value of the fund, not even 10% of the position, even if you bet on this opportunity and get a profit of 50 million to 100 million, it is also very limited for the overall net value growth of the fund." ”

Speaking of which......

Su Yu's gaze once again fell back to the interface of the two markets that had closed, and continued: "Therefore, with the continuous expansion of the volume of our fund funds, we still have to seek market opportunities and eat the main line market, which is the most important thing. ”

"Hmm!" Li Meng responded and said with a smile, "Indeed, in the main line market, trend operation is the fundamental way to increase the net value of the fund." ”

"That's right......"

Li Meng paused, and said: "Today, the GEM and the Shanghai Index fell sharply again, swallowing up almost two physical yang lines in front, and there is a large volume again, I'm afraid it will take a while to adjust, right?" Fortunately, you let me try to reduce my position a lot in the first two trading days, otherwise the net value will not be low in today's situation. ”

"From June 25, the lowest point of the gem to the rebound high of 1123.36 points, there is almost a 20% increase in the index, and during this period, the time span is less than 20 days, the short-term increase is too large, and the overall trading volume of the two cities has not been significantly continued to amplify during this time." Su Yu said, "So...... Such an accumulation of profit orders is bound to be readjusted. ”

"Hmm!" Li Meng nodded and said, "Core sectors such as 'Internet Finance' and 'Mobile Games' have risen by more than 50% on average, and it is indeed necessary to make a drastic adjustment to clear the profit on the market, rebuild the chip structure, and accumulate momentum for the subsequent rise." ”

"However, in this wave of gains, judging from the data of the Dragon and Tiger List for several days, various institutions have bought a lot."

"It seems that many institutions, whose main holdings, have continued to migrate from the main board to the GEM, and these main institutions are usually long-term funds."

"Does this mean that although the index correction will be drastic, it will not be long-lasting."

"After all, after the first wave of chips intervened, in order to seize the opportunity, institutions will inevitably not allow the stock prices of core stocks with good expectations in the future to fall back to the origin point when the index bottomed out, after all, if the stock price falls back to the original point when it started, then there is no point in their scramble during this period of time."

Su Yu listened to Li Meng's analysis, nodded, and said: "You are right, the core constituent stocks that are expected to be good in the future of the GEM have entered a large number of institutional funds, and the market dominance has changed from the initial floating capital to institutions, so the stock prices of the relevant core constituent stocks will no longer be as straight up and down as before, and there will be dozens of points of shock and fluctuation at every turn, that is to say, there will be adjustments here, and there will be drastic degrees, but the overall depth of adjustment is not necessarily deep, I guess...... Core stocks, a maximum drawdown of about 20%, is about the same. ”

"So if the index continues to fall in the next few days amid weakening market sentiment, should we gradually take back some of the reduced holdings?" Li Meng asked, "If there is only about 20% of the expected retracement space, in the case of today's sharp fall, the subsequent adjustment will be very limited." ”

After these two multi-trading days of continuous deleveraging.

At present, the overall position line of the 'Yuhang No. 1' fund has fallen from nearly 90% at the peak to about 65%, among which, if the more than 50 million chips that are locked in Huachuang Credit Test are excluded, the overall position line is only less than 60%, which is only half the position level.

Although, of course, in essence there is only almost half a position of chips.

However, at this time, the market value of the fund's holdings, in addition to the more than 50 million chips of Huachuang Xintu, still has a market value of nearly 370 million, which is higher than the market value of the fund when it initially completed the position.

Su Yu thought for a while and said: "Look at the K-line shape and volume energy changes, in the case of the future fundamental expectations of each stock are still strengthening, if the volume can be increased from volume to obvious shrinkage, it proves that the short-term chip structure adjustment is almost over, and you can take back the positions that were slightly reduced before." ”

"Of course ......"

"If the expectation of the future fundamental change of one or two stocks is too strong, the stock price will not adjust at all when the market adjusts, and it will continue to rise."

"The part of the position that has been reduced, just wait for the stock price to break through a new high, and continue to walk out of the right trend and add it back."

"For the long-term investment targets of the trend, without losing the underlying positions, try to be as flat as possible, and do not need to worry too much about the cost of increasing and decreasing positions outside the basic positions."

"Hmm!" Li Meng responded, thought for a moment, and continued, "But...... After this period of operation, our fund, the amount of funds has almost doubled, at this time you can choose the investment target, I am afraid you have to continue to disperse, do you have any good ideas? ”

In terms of current market liquidity.

The stocks she discussed with Su Yu before could no longer fully accommodate the inflated capital volume of 'Yuhang No. 1', so if you want to continue to maintain the extremely high position of the fund and ensure that the liquidity of the fund's positions is sufficient, you can only continue to diversify your investment and add new position targets.

When Su Yu heard Li Meng's words, he thought that the current fund has a capital volume of nearly 780 million.

After pondering for a while, I thought of the magnificent market in August when the entire market in the 'Shanghai Free Trade Zone' economic strategy was in my memory, and I knew that at this time, it should be the time for the layout, so I smiled and said: "Try to lay out the local stocks in Shanghai, such as Waigaoqiao, Lujiazui, Shanghai Trade, Shanghai-Hong Kong Group ......."

Hearing the few stocks listed by Su Yu, Li Meng was stunned for a moment, and said in wonder: "Local stocks in Shanghai? ”

"Hmm!" Su Yu nodded and said, "Yesterday, in the market intelligence information sent to me by Director Lin, it was said that the country plans to build a free trade zone in Shanghai, of course...... This news is not necessarily accurate, but there are such hazy rumors in the market, I think...... In the current market has not reacted to this information, and the news has not begun to ferment, within our ability, it is possible to lurk. ”

"Economic Free Trade Zone?" Li Meng was both surprised and shocked in his heart, "If it's true, this is a big deal!" ”

Su Yu smiled and continued: "If it is true, then the movement of the market must be not small, after all, such a macroeconomic strategic layout will bring about a huge change in the direction of some market lines, and will inevitably form a continuous market line." ”

"Of course, if the market news that Director Lin inquired about is finally falsified."

"Then, under the use of profit and profit-taking, the capital layout of the reduction, in many of the local stocks in Shanghai that follow the main line of this news, there are no funds in the past one or two years, and the stock price is completely lying on the floor, after we intervene, we want to exit, except for the time cost and other opportunity costs when intervening, there is basically no loss."

"In other words......"

"Whether this news is true or not, in terms of the odds of profit and loss, the risk of investment, and the profit ratio, it is worth intervening."

According to the historical memory in Su Yu's mind, the country's macroeconomic strategy of establishing the 'Shanghai Free Trade Zone' will definitely be implemented, but at this time...... There is no news in the market, in order to take the first step, he can grasp the best bargaining chips in the market about the hype of this main line before the well-informed institutions and investors, and in order to convince Li Meng of his motive for intervening in this main line, he can only push the source of the news to Lin Antu, the company's market intelligence director.

Lin Antu naturally didn't know that he had carried this pot for Su Yu.

And even if you know.

Faced with the fact that Su Yu is his boss, he can't say anything.

Li Meng pondered carefully for a while, and felt that what Su Yu said was very reasonable, if the country really has the intention of setting up a free trade zone in Shanghai, then this is a unique investment opportunity in the short term to seek market profits.

Moreover, in the case that the 'Yuhang No. 1' fund has completed the initial accumulation of net value and mastered the chips of many main core stocks in the market, the fund's ability to bear the risk of large fluctuations in net value is already very high, which means that they use the remaining funds to play this possible big opportunity, and there is no big risk at all.

Just like Su Yu said......

Even if Lin Antu heard the news and finally confirmed it to be a rumor, it would not have much impact on the net value of the fund, after all, many related stocks about this news are still lying on the floor, and no one pays attention to it at all.

"Okay!" Li Meng's eyes flickered, revealing a bright light.

She was still hesitating just now, not knowing that after the expansion of the fund's funds, when she had to continue to diversify her investment, which potential main line and which stock to invest in, she didn't want Su Yu to have thought of a strategy and plan for the follow-up investment route.

Su Yu looked at the excited look in her eyes, and said with a smile: "Since you have no opinion, then let's select and lay out the target according to the fact that this intelligence news is true." ”

Speaking......

Su Yu thought for a while and continued: "The establishment of the free trade zone, from the real benefits and the most imaginative enterprises to divergent thinking, it is easy to select the target. ”

"The first to benefit is definitely the local enterprises in Shanghai." Li Meng continued Su Yu's words and said, "This demarcates the scope of stock selection among the local listed companies in Shanghai, and from the establishment process of the free trade zone, the early stage must be infrastructure construction, logistics, port ......."

After the two decided on the next investment direction, they excitedly studied each other.

In the end, under the unanimous opinion of the two people, the four core stocks of Waigaoqiao, Shanghai Trade and Trade, Shanghai-Hong Kong Group and Lujiazui were circled, and finally two second-tier stocks such as Pudong Jinqiao and Jinjiang Investment were circled, which were gathered into the main line market target stocks that the funds intended to attack.

Of course, in the midst of this......

As the core of the popularity of the entire market, the Shanghai Iron and Steel Federation, which has just encountered the fall limit of the sky floor, has not fallen behind.

After all, this check, whether in terms of its geography or business attributes, is the core stock of the 'free trade zone concept', and it is also the absolute market sentiment leader and market vane.

"Waigaoqiao and Shanghai Ganglian market introduction and position building plan, I will operate." After drawing up the target stocks, Su Yu said, "Shanghai Trade and Trade, Shanghai-Hong Kong Group, Lujiazui, Pudong Jinqiao, Jinjiang Investment, your trading team will operate and execute, and the position building plan will be implemented...... According to the priority of the stock, the position is opened in echelons. ”

In addition to the chips that were locked in Huachuang Information Test, as well as Internet Speed Technology, Fenda Technology, LeTV, Oriental Fortune, Huaqingbao, Flush, Changqu Technology...... In addition to the positions still held by these stocks after the reduction, the current entire fund can be used for the potential mainline market speculation of the 'Shanghai Free Trade Zone', with a total of about 350 million.

And the two of them proposed to build a position in a total of seven stocks.

Calculated together, an average check has to open a position of 50 million funds.

Such a amount of funds to open a position, compared with the current market transactions, is not small.

"Good!" Li Meng completely agreed with this plan.

What she is better at is trend and band operation, rather than Su Yu's micro-manipulation hype that guides market sentiment and short-term violence comes and goes, so ...... Like the Shanghai Ganglian, she can't control it at all.

After the two of them completed the initial investment strategy, Su Yu immediately instructed the other traders in the trading group.

Then, at half past five in the afternoon, the new one-day dragon and tiger list was announced.

I saw the Shanghai Ganglian of the sky, which was impressively listed, and the seats used by Su Yu, Yuhang Fortune Road unabashedly ranked first on the selling list, selling a total of more than 78 million, and most of the positions established on the Shanghai Ganglian from June 25 were eliminated.

Except, of course, for the 78 million chips dropped.

In his hand now, there are still nearly 20 million chips of the Shanghai Steel Union that have not been released, and he has kept it as the bottom position for the next wave of market speculation.

In addition to the Shanghai Ganglian......

On the Dragon and Tiger list where Changqu Technology is located, Su Yu also sold a lot of chips and was on the sell list.

And the Tianyu information held by his own funds, during today's sharp fall in the GEM index, he also sold his position, but the fluctuation of Tianyu information is not as big as that of Shanghai Ganglian and Changqu Technology, so it did not appear on the list of dragons and tigers, and there was no trace of his clearance Tianyu information.

When the Dragon and Tiger List appeared, Su Yu's Yuhang Fortune Road seat, after a lapse of many days, appeared in the two hottest core concept stocks in the entire market.

The short-term investor sentiment of the entire market has exploded again.

"Fortune Road is cleared on the Shanghai Ganglian! Brothers...... This doesn't mean that the market of Shanghai Ganglian has come to an end? ”

"Fortune Road clearance, sky floor trend...... This must be the end of it! ”

"Hey, I shouldn't have chased it today, 20 points of the big picture, it's too cruel, during this time, I finally caught such a big rebound on the GEM, and now ...... It's back to zero again. ”

"In the previous analysis article, didn't Fortune Road say that on June 25, it was the inflection point of the index bottoming out and the market bear-bull conversion? How can it be so fast...... This big guy just cleared the warehouse and fled? ”

"Is this called escape?" Some investors saw that some people complained about slandering the wealth road, and hurriedly retorted, "This wave of Shanghai Ganglian, from the lowest position of 12.33 yuan on June 25, to the highest 30.32 yuan today, eleven trading days, has risen almost 1.5 times, and it is almost not a word board, there are opportunities to buy and sell at any time. Isn't this a blind touch porcelain! ”

"Yes, at this time, it is indeed too much to blame Fortune Road for not continuing to lock up positions."

"Eleven trading days, can be on a stock, and every day is a huge shock, volatility, the main force of the capital to lock up the position for 11 trading days, is the only one on the Fortune Road, just complain about people smashing the market? Why don't you blame yourself for not being able to restrain the greed in your heart? ”

"This is already the second wave of the Shanghai Ganglian market, and the market has risen for so many days, there is obviously a need for adjustment, and the highest is buried at this time, and I really can't complain about others."

"Hey, don't say that Fortune Road is right to smash the market, just say that Fortune Road has a large-scale liquidation and profit taking profit today, does it mean that the short-term market is over? Does it mean that Shanghai Ganglian and Changqu Technology have no future? ”

"I think the market of these two checks should be almost, after all, there are no stocks, can keep rising, the Shanghai Ganglian two waves are calculated, less than two months of time span, up to 3 times; Since the resumption of trading, Changqu Technology has taken five one-word boards, and then chased positions at a high level on the Fortune Road, as well as under the influence of seats, there have been three hand-changing boards, and the short-term increase is more than 1 times, so it should be adjusted. ”

"Shanghai Ganglian Sky Floor, Changqu Technology almost became the sky floor today, such a trend, it is obviously the main retreat of the shipment market, there is this trend of stocks, I have not seen the short-term adjustment over, plus the short-term increase of these two stocks, it is too big, far more than the rise of other stocks in the market in the same period, there is definitely no big hope for the follow-up."

"I don't think necessarily, whether it's Shanghai Ganglian or Changqu Technology, the current future expectations are top-notch, and these two checks are ...... Looking at everyone's discussion, it is still the most popular and hot stock in the market, and it is not impossible if Fortune Road can kill back and get out of the third wave of the market. ”

"Agree with what the brothers upstairs said, 'Internet finance' and 'mobile games' are definitely the biggest main line market this year, and the Shanghai Ganglian and Changqu Technology, as well as Hua Qingbao's three checks, will definitely run through the whole year, the wealth road is not said, the starting point of the market bull market, and as the starting point of the bull market, the big bull stocks, generally speaking, the rise is ...... They all started from ten times, two or three times are nothing, looking back, it was all the bottom of the mountain. ”

"The brother upstairs said that if the price has increased tenfold, you might as well buy more."

"That's it, the wealth road has been cleared and profit-taking, I really don't know what illusions I have, it's just ......"

"Hey, what bull market is not bull market, today's slaughter, that is a model of bear market trend, anyway, I don't believe in any wealth road, in the final analysis, this main capital is not a momentum to cut leeks?"

The whole market is in heated discussions......

It can be clearly felt that the 4% decline in the GEM index has made the previous hot mood for more than ten consecutive days fall into a violent divergence.

And it was under this emotional divergence that Wednesday, July 10.

As the core of the market's popular leading stocks, Shanghai Ganglian was directly stopped by the main capital of the relay in the market and many retail investors with one click under the blessing of losing the seat of Su Yu's Fortune Road.