"Mr. Su, do you really think that this is the starting point of the bull market?"

Qin Qiuyue, who was talking to Li Meng, looked at Su Yu who was approaching with a smile and asked seriously.

Su Yu picked up a plate of dim sum from the dining table next to him, ate two bites, and responded with a smile: "What I think, in fact, it doesn't matter, what matters is how Mr. Qin feels, after all, trading is a very personal matter, everyone can only make money within their own cognition, even if I say that this is the starting point of the bull market, and Mr. Qin does not agree in his heart, can Mr. Qin completely change the trading strategy for my words?" ”

"Of course not!" Qin Qiuyue said, "If you lose your self-judgment, even if you make money temporarily, you will lose it back in the end, how can you say it......"

Qin Qiuyue smiled and continued: "If you earn it by luck, you will eventually lose it by strength." ”

"That's it." Su Yu bowed slightly, "The right or wrong of the point of view is not important, the important thing is the cognition in your heart, as well as the final implementation of the trading strategy, in the first quarter of this year, Mr. Qin's 'Selected Mix No. 1' product performance is good, which proves that Mr. Qin's understanding of the current market should be relatively transparent." ”

"The first quarter was a good performance, but it was just luck." Qin Qiuyue said with a smile, "It's not as big as Mr. Su's large-scale speculation on the two main lines of 'infrastructure' and 'state-owned enterprise reform', to speak...... Don't you have any idea of launching a new fund? ”

"As far as I know, the current investor group in the entire market is extremely sought after for your 'Yuhang series' fund products, and the over-the-counter share transfer premium of related fund products has been more than 20%."

"...... in such a situation"

"If Mr. Su issues new fund products, I estimate ...... It is not impossible for the asset management scale of your Yuhang Investment Company to reach 50 billion. ”

"The scale of 50 billion private equity funds is basically the only one in China."

"The time is not ripe." Su Yu said with a smile, "And Qin always thinks highly of us, and it is extremely difficult for private equity products to reach a scale of 50 billion." ”

"Really?" Qin Qiuyue smiled, but she didn't think so.

"Mr. Su, what do you think about the future of the 'military industry' field?" While Su Yu and Qin Qiuyue were talking, Lin Tingzong, the manager of Jingda Investment Fund, who had had an argument with Su Yu before, approached again and asked with a smile.

Su Yu saw him mention the main line of 'military industry', knowing that the other party must have carefully studied the position data released by the 'Yuhang No. 1' and 'Yuhang No. 2' funds before the holiday, he couldn't help but be slightly surprised, glanced at him, and asked with a smile: "What does Mr. Lin think?" ”

"Although the state has put forward some directions for the restructuring of military enterprises, the specific expectations have not been shown." Lin Tingzong said, "Coupled with the extremely opaque information disclosure in this field, everyone's guesses about the performance of related companies in the industry are almost blind, and ...... The overall valuation level of this field is also significantly higher than that of the main board white horse and blue-chip stocks, and is basically on par with a number of 'growth stocks' concept stocks in the direction of the small and medium-sized board and the growth enterprise board. ”

"So, I want to ......"

"Before the country's policy on the military industry is not further strengthened and the future demand expectations are not further clarified, it should be difficult for this field to have sustainable market opportunities."

Hearing Lin Tingzong's analysis, Qin Qiuyue thought about it for a while, and also continued: "According to the analysis of the past historical market of the market, the main line of 'military industry' is usually highly related to market news and policy trends. ”

"Mr. Qin is right." Lin Tingzong replied, and continued, "But I want to ...... Mr. Su should have a different view on this aspect, right? ”

"Nothing different." Su Yu said with a smile, "The two of them are right, the military sector is a sector with strong policy stimulus and strong news stimulus to give birth to a swing market, and there is no significance for long-term investment, and in terms of short-term speculation, there is great uncertainty about policy stimulus and news stimulus, and no one can expect it in advance, so there is no need to analyze this field plate." ”

"The two main funds under our 'Yuhang Investment' company ......"

"It used to be in the military sector, trying to build a position, but then in the expected news did not continue to ferment, the main line of the market did not get the unanimous approval of the main funds in the field, and gave up, the current company fund in the military field of the remaining part of the position, only a small part of the entire fund position, basically negligible, so ...... This does not prove that we are optimistic about the follow-up market of the military sector. ”

For the investment strategy plan that has completed the opening of the position, Su Yu does not mind disclosing it.

However, he will not publicly disclose some strategic insights that are still in the planning and may still have huge investment opportunities in the future.

After all, when the company's main fund has not yet made an effect investment strategy plan.

According to his current personal influence.

If you publicly disclose your position in certain investment areas in advance, it will completely disrupt the fund's strategic plan, and at the same time, it will also add countless variables to market changes.

"I see!" Lin Tingzong said suddenly, "Thank you Mr. Su for informing me." ”

He had previously felt that in the position data released by the 'Yuhang No. 1' and 'Yuhang No. 2' funds, the positions in the military field were very strange, no matter how he analyzed, he felt that there was no logic and market expectations at all, but he didn't want to ...... It's just an occasional test position of the other party, not the main line of market direction targeted by the other party.

"Mr. Su, congratulations on your 'Yuhang Department' fund once again topping the performance list in the industry!" While several people were talking, at this time, Xu Zhongji of Minghui Capital also came over with a smile, touched his glass with Su Yu and Li Meng, and said, "In such a miserable market in the first quarter of this year, your fund can still record a performance growth of more than 30%, which is really impressive, I have to admire!" ”

Su Yu replied with a smile: "Mr. Xu, we are all old friends, you don't need to wear a top hat for me, right?" ”

"Haha......" Xu Zhongji laughed, "This is not a high hat for you, our Yuhang financial circle, influence and talent have always lagged behind the magic capital, Shenzhen, Yanjing and other places, but now...... It's completely different, the reason for all this is because of Mr. Su! ”

"Mr. Xu's words, I can't afford it." Su Yu said with a smile, "This year, the performance of several major funds of your Minghui Capital is not bad." ”

Xu Zhongji waved his hand and said with a smile: "The performance of Lilan is all from the fixed increase of 'Lixun Precision', as well as the two main lines of 'infrastructure' and 'state-owned enterprise reform' that recovered at the end of April, and the rest of the operations are almost all losses. ”

"I've seen the performance curve of the fund you're in charge of......"

"It's so beautiful that there are very few retracements along the way."

"When it comes to many famous people in the industry, they all have their own skills, such as choosing the right time, studying the industry, speculating on news, and gambling on reorganization...... But Mr. Su, you have the ability to choose the time, industry research, intelligence news, selling points, buying points, etc., and you really have no shortcomings. ”

"Why!" Su Yu said humbly, "Sometimes...... It's just luck. ”

The two of them touted each other for a while, and then pulled the topic back to the analysis of the current market, and at the same time, Qin Qiuyue and Lin Tingzong also interjected from time to time when they heard the rise.

Subsequently, in the heated discussion and conversation of everyone, the party knew that it was 9 o'clock in the evening, and it gradually dispersed.

Leaving the hotel, Su Yu and Li Meng returned home.

Li Meng changed his evening dress, and then recalled the whole process of the party, before asking Su Yu: "You are openly bullish on the market tonight and the two main lines of 'infrastructure' and 'state-owned enterprise reform'. ”

With the growth of the company's performance and volume, the current 'Yuhang Investment Company' has been hated by a lot of jealousy in the industry.

Therefore, in many ways, Li Meng felt that he had to be more cautious in his words and deeds.

"No!" Su Yu said with a smile, "In my words, there is no mention of any individual stocks held by our fund, even if someone wants to catch us using public opinion to manipulate the stock price, they can't find an opportunity, as for the long and short views in the macro direction...... Whether it is for managers in the industry or practitioners in institutions, there is no restriction and harmlessness. ”

"Hmm!" Li Meng nodded lightly and continued, "Through today's investment exchange meeting, I found that although the macro sentiment of the market has gradually shifted to the bullish direction, there are still a few investors who are actually bearish, and the market is divided...... It's still huge! ”

Su Yu bowed slightly, and said: "The index rebounded from the bottom, it has only been less than a month, although it has stood at 2200 points, breaking through the bottom shock box, but the complete reversal of long and short sentiments is definitely not possible so fast, but ...... That's a good thing, too. ”

"A good thing?" Li Meng was a little surprised.

Su Yu nodded with a smile and continued: "Naturally it is a good thing, the positions of investors from all walks of life, including the main institutions of all parties, are very low at this moment, although this shows that everyone still has huge doubts and worries about the market space in the future, but it also shows that if the on-site money-making market continues to continue, the incremental funds outside the market will continue to pour in. ”

"At the same time, the positions held by investors and major institutions are low."

"It also shows that investors in the market, in the previous continuous decline in the market, can cut the meat, have long been cut meat, at this moment, in this range, the floating hedging chips, is not as heavy as we imagined."

"Yours is yours." Li Meng smiled and said, "The bad can also be interpreted as the good." ”

Su Yu spread his hands and said: "It's just a matter of factual analysis, don't worry, the market after the holiday will not be bad, at least this round of rebound, in terms of time and space, is far from the top." ”

"What do you think...... Which position will be the top stage of this round of rally. Li Mengmeng thought about it and asked again.

Su Yu pondered for a while and said: "Look at the regulator, the adjusted IPO plan, when will it be restarted, and it also depends on the follow-up market news, if the IPO plan will not be restarted for the time being, and the market news is good, then this wave of Shanghai Index has the opportunity to challenge 2500 points, of course...... This is an ideal state, in fact, we can't accurately predict the future, we can only follow the market trend and constantly adjust the trading strategy in time. ”

"2500 points!" Li Meng muttered and said, "If calculated according to the expected rebound space of the Shanghai Index, then the two core main lines of 'infrastructure' and 'state-owned enterprise reform', and the related core popular leading stocks, should have a high probability of doubled the room for growth." ”

"It's hard to say." Su Yu responded, "Let's look at it while walking, anything can deceive people, but the flow of funds in the field can't deceive people, the top of the stage, once it happens, it is easy to see from the signs of various disk transactions, and when the time comes, just follow the adjustment strategy, at this time, no matter how much you worry about, no matter how much you think about it, it is useless." ”

"Hmm!" Li Meng nodded, and said, "What you said in your speech at the party, 'This is the starting point of the big bull market', is it really false?" ”

"What do you think?" Su Yu asked with a smile.

Li Mengmeng thought for a while and said: "According to your logical deduction, there should be no problem, but the market has been bearish for 6 years, and from the psychological acceptance, I still feel a little too optimistic." ”

"That's it." Su Yu replied, "This is called the difference in sentiment and expectation of market development, even you think my judgment is too optimistic, then there is a high probability that the bull market can happen." ”

"And our previous judgment on the field of 'military industry'." Li Meng continued, "Although we have revealed some position data, from the discussion of all aspects, I feel that everyone has indeed not formed any market expectations for this field, and there are also flaws in the investment logic, we ...... Do you really want to continue to rebalance positions in this direction? ”

Su Yu nodded and said: "Continue, in mid-May, there will be an internal meeting at the top level, and there should be some news coming out, and at the same time, the listed military enterprises are almost all state-owned holding enterprises, and under the banner of 'state-owned enterprise reform', the expectations in this field will be slowly reflected." ”

"The reason why I didn't mention this topic tonight......"

"One is that I feel that the investment opportunities in this field are not yet mature, and the other is that there is a high probability that there are good investment opportunities in this field.

"Okay!" Li Meng nodded, "Then I'll study it again." ”

With that, she turned and went into her room.

Su Yu glanced at Li Meng's graceful back, and remembered that she was wearing an evening dress tonight to amaze the audience, and for a while, she was a little uneasy.