"Today, the business department of Yuhang Fortune Road of Huashang Securities, the purchase amount reached more than 3 billion?" At this moment, Yanjing, Liao Guanghua, general manager of the proprietary investment department of Huashang Securities, took the document and news handed over by the assistant, with a surprised look on his face, and asked urgently, "The 'Yuhang Department' has been dispatched?" ”

The assistant responded: "It should be, Yuhang Fortune Road Business Department, except for the 'Yuhang Department' funds, no one has such a large amount of funds." ”

"So, today's pallet 'infrastructure' and 'state-owned enterprise reform' The two core main lines of funds are the 'Yuhang Department'?" Liao Guanghua said, his eyes hurriedly put on the two markets that had already been fixed again, and instructed Wu Dayong, the fund manager on the side, and said, "Dayong, you can take a look at the core constituent stocks of the two lines of 'infrastructure' and 'state-owned enterprise reform' that have changed today." ”

Wu Dayong responded, and then called up the corresponding target stocks.

"That's right." Liao Guanghua stared at the disk of many target stocks, pondered for a while, and sighed, "It's not small, it's actually in this position, killing a horse gun, amazing, amazing!" ”

"Mr. Liao is sure that the funds of the 'Yuhang Department' are on the pallet?" Hearing Liao Guanghua's emotion, Wu Dayong subconsciously continued to ask.

Liao Guanghua smiled lightly and said: "Today's turnover of the Yuhang Fortune Road Business Department can't deceive people, with an intraday turnover of more than 3 billion, just this business department, except for the 'Yuhang Department' funds, no one else will be able to reach this intraday trading volume, so there will be no mistakes." ”

"I really didn't expect that the funds of the 'Yuhang Department' would return to the two core main lines of the market, 'infrastructure' and 'state-owned enterprise reform'." Hearing Liao Guanghua's categorical answer, Wu Dayong couldn't help but sigh with emotion, "Today's 'Yuhang Department' funds are basically blood-funded, and their involvement in these two main lines in such a large amount should be sure that in the follow-up trend of the market, these two main lines can also set off a relatively large wave of market, right?" ”

"That's beyond doubt!" Liao Guanghua nodded in response.

"But ......," Wu Dayong paused, then continued, "why are they so sure?" Judging by the previous market trend, it is obvious that the small and medium-sized board, the gem direction of the 'growth stocks' route, more dynamic, but also more popular with the market active funds, and the small and medium-sized board, the gem in the rebound in April and May, the trend is seriously lagging behind, this round of adjustment trend, whether it is the adjustment space or time, are more sufficient, to say the follow-up market outbreak potential, it is obvious that the small and medium-sized board, the gem direction of the 'growth stocks' route, the probability of the outbreak, to be greater. ”

Liao Guanghua thought for a while and said: "The specific logic followed by the other party, we are not insiders of his company, and we can't know it at all, so we can only roughly guess, and according to the guess...... The other party's choice may be based on the path dependence of operation, or it may feel that the two main lines of 'infrastructure' and 'state-owned enterprise reform' still have good room for speculation, and the market attention is not low. ”

"What does Mr. Liao think?" Wu Dayong said, "Which direction do you think has more potential for the market to explode?" ”

Liao Guanghua's eyes narrowed slightly, pondered for a moment, and said: "According to the performance of the market trend during the day, in fact, whether it is the two lines of 'infrastructure' and 'state-owned enterprise reform', or the line of 'growth stocks' in the direction of small and medium-sized boards and gems, there should be opportunities and potential for market outbreaks, and the main capital groups of the market, the direction of attack and activity, are also these main line areas, which is enough to explain the problem." ”

"But ......"

Liao Guanghua paused, and said: "Although there are two directions, each main line has the logic and space for speculation, but after the large-scale participation of the 'Yuhang Department' funds and the bet in one direction, I am afraid the result will become biased." ”

"Got it!" Wu Dayong bowed slightly, "With the influence of the 'Yuhang Department' funds, once the seat of the 'Fortune Road' appears on the Dragon and Tiger list, the follow-up effect of the retail investor group, as well as the follow-up behavior of other main funds, is enough to break the balance of the market and change the direction of the sudden change in the market." ”

Liao Guanghua nodded and said: "That's right, I'm thinking...... the reason why the 'Yuhang Department' funds dare to make such a large-scale pallet dip in today's situation, and blatantly gamble into billions of funds without hesitation in the direction of 'infrastructure' and 'state-owned enterprise reform', should also feel that they can use the influence of the seat to make changes and guide the market trend, right?" ”

"Judging by the past historical investment style of the 'Yuhang Department', their operation style has always been more decisive and aggressive." Wu Dayong replied, "And...... It seems like never missed a bet! ”

"What is the result of the main products of our company's proprietary funds in the direction of 'infrastructure' and 'state-owned enterprise reform'?" In Wu Dayong's emotion, Liao Guanghua pondered for a while, and then asked, "Also, how much cash do we have that we can use?" ”

Wu Dayong responded: "Several of our company's self-operated main fund products do not hold many positions in the direction of 'infrastructure' and 'state-owned enterprise reform', and as for the book cash that can be used for immediate investment, there are a lot of funds, almost 10 billion yuan, which can be used." ”

Given the market's continued downward correction in mid-to-late May, and early June.

In terms of position control of each major fund product, they have long turned to the defensive stage, and the position of each major fund product has been reduced to about 30%.

Therefore, the current entire company's proprietary investment department.

No matter which main line there are holding chips, there are not many, and the corresponding ...... There is a lot of empty cash.

Of course, although they are in a completely light position in the specific positions of each major fund, in terms of public market speeches, they still resolutely make bullish remarks and express their due 'correct attitude' in the market all the way down and adjusting.

And such a status quo.

In the asset management circle of the entire secondary market 'state-owned assets' background of domestic stock market investment, it is basically the norm.

Everyone is verbally, cooperating with the regulators, resolutely bullish on the market outlook, and making positive remarks to the outside world, but in fact, they are all continuous, and the position is reduced to a lower risk position early.

"In that case......," Liao Guanghua said, "then starting tomorrow, we will add the positions of the company's main fund products." ”

"Shift your strategy and return to a positive attitude?" Wu Dayong asked.

Liao Guanghua nodded and said, "Yes, at this time...... It should be actively laid out and turned into a long one. ”

"Don't wait for the Shanghai Composite Index to enter the bottom range of 2,000 points again?" Wu Dayong then asked.

Liao Guanghua replied: "The large-scale intervention of the 'Yuhang system' funds is very likely to change the existing trend of the market, and at the same time reverse the investment sentiment and investment confidence of the market...... The gap between more than 2,100 points and 2,000 points in the Shanghai Composite Index is not large, and at this time, it is reasonable to re-add positions and change trading strategies. ”

"...... at the same time"

Liao Guanghua thought for a while and said: "We have always maintained a low position operation situation, and it is not good to be passive about the pressure released by the regulator. ”

"Okay!" Wu Dayong nodded in response, "I'll give orders later." ”

"Oh, by the way...... Wu Dayong paused, and then said, "After changing the trading strategy, in the direction of increasing positions, is it mainly based on the two main areas of 'infrastructure' and 'state-owned enterprise reform'?" ”

Liao Guanghua replied: "The main thing is to lay out this field!" ”

Wu Dayong nodded and said: "Okay, but I'm thinking that the 'Yuhang Department' is so suddenly in this position, such a large-scale radical increase in positions, in addition to the reasons just mentioned, is there any good thing to be released at the national macro level, for the two major directions of 'infrastructure' and 'state-owned enterprise reform'?" I have heard that the capital of the 'Yuhang Department', in addition to the keen sense of smell on the disk, the market intelligence ability within the asset management company is not simple, and I can often hear some gossip circulating in the system in advance. ”

Liao Guanghua shook his head lightly and said, "On the news side, I haven't heard of any good news. ”

"Oh, that's probably me overthinking." Wu Dayong replied.

Although he thinks that the large-scale radical increase of the 'Yuhang Department's funds in this position should have heard some rumors of the news, since Liao Guanghua said that there is no change in the news, he can only really believe it, after all, compared with the so-called situation ability within the 'Yuhang Department' asset management company, he believes that the news and network of contacts that Liao Guanghua has been exposed to must be far greater than the other party.

"Da Yong!" Liao Guanghua saw that Wu Dayong was still a little stunned, thought about it, and couldn't help reminding, "Don't think about anything like inside information, as market traders, the most important thing is to analyze and judge from the perspective of the market itself...... It's all trails, though. ”

"If you blindly focus on the path and forget the right path, the result is a wrong step, a wrong step."

"We have been observing the capital of the 'Yuhang Department' for a long time, and the other party can come to this point and form the current market influence and capital scale, which is by no means achieved by relying solely on any 'inside information' hype and personal connections."

"We still have to face up to the reality and the basic logic of the market trend."

"Only by starting with in-depth research from market expectations, emotions, fundamentals, and capital can we make the road wider and wider, and the performance will be better and better!"

"Hmm!" Wu Dayong responded, "Mr. Liao, I understand, don't worry, I'll go to arrange it immediately." ”

After speaking, Wu Dayong immediately turned around and left Liao Guanghua's office, returned to the trading room of the proprietary investment department, corrected the overall trading strategy, and arranged tomorrow's trading tasks in advance.

At the same time, the internal trading room of Modu E Fund Asset Management, the internal trading room of Shenzhen Pingyin Asset Management, and the trading room of Yuhang Yinhua Public Fund were ...... In large asset management institutions with the background of 'state-owned assets' in various cities and other places, a similar scene also occurred with the proprietary investment department of Yanjing Huashang Securities.

Especially within the Yuhang Yinhua Public Fund.

Zhou Yang, the fund manager of the 'Value Investment Mixed Selection' product, learned that the Yuhang Fortune Road Business Department of Huashang Securities had bought more than 3 billion funds today, and the whole person stood up from the chair in the office almost instantly, with an excited and excited look on his face, and said with a smile: "Finally, when the 'Yuhang Department' funds are sold, the market should have an obvious rebound trend." ”

"The line of 'infrastructure' and 'state-owned enterprise reform' ......"

He pondered: "It seems that there is a high probability that it is going to make a comeback, no, we have to lay it out as soon as possible, yes, as soon as possible!" ”

As he spoke, he hurried towards the trading room.

Subsequently, in 2 minutes, when he arrived at the fund trading room, he looked at Zhu Peng, who was working hard to review and was the trading team leader and assistant fund manager of tomorrow's trading plan, and instructed: "Don't do anything to review, the market has clear news coming out, the two lines of 'infrastructure' and 'state-owned enterprise reform', staring at these two lines tomorrow, and adding the positions of our fund products as soon as possible." ”

"A clear message?" Zhu Peng was a little stunned and asked, "Mr. Zhou, what is the clear news!" ”

Zhou Yang briefly said the gossip he got, and then continued: "You just know, don't spread it, take advantage of the fact that the news is not fermenting, and the market is still in the opportunity of random speculation, seize the layout, I estimate that the two lines of 'infrastructure' and 'state-owned enterprise reform' are likely to make a comeback in the future." ”

"Today, is the 'Yuhang Department' funds on the pallet?" Zhu Peng's eyes widened, very surprised, "I thought it was the 'national team', looking at its tray style, it looks too much like a big capital institution in the securities and Huijin series, I really didn't expect it...... Mr. Su actually made a move at this time. ”

"I'm surprised." Zhou Yang said, "I only hope that on today's dragon and tiger list, the 'wealth road' will not be exposed like this, otherwise tomorrow's 'infrastructure' and 'state-owned enterprise reform' will be difficult to have a good buying point." ”

Zhu Peng said excitedly: "Mr. Su's 'Fortune Road' seat should not appear on the Dragon and Tiger list today. ”

"Are you so sure?" Zhou Yang said in surprise.

Zhu Peng responded with a smile: "I just carefully reviewed today's market trend, sorted out the list of stocks that appeared this afternoon with a concentrated super single pallet, and found that most of these votes converged in the main line areas of 'infrastructure', 'state-owned enterprise reform', 'military industry', and 'Internet finance', and basically synchronous changes, all of which are medium and large-cap stocks with relatively large market capitalization in circulation, and no small-cap concept stocks were found. The main fund of today's pallet is the words of the 'Yuhang Department' helmed by Mr. Su......"

Zhu Peng took a sip of water and continued: "That should show that Mr. Su should be deliberately avoiding the Dragon and Tiger List, and it can also show that they don't want to expose their seats and operational motives in advance at this point in time, so I said that Mr. Su's 'Fortune Road' seat should not appear on the Dragon and Tiger List today." ”

Hearing Zhu Peng's analysis, Zhou Yang breathed a sigh of relief.

"You just said that this afternoon, there are many stocks in the list of synchronized stocks with obvious large capital trays of 'military industry' and 'Internet finance'?" After Zhou Yang breathed a sigh of relief, he thought that there seemed to be some more important and useful information in Zhu Peng's analysis conclusion, and couldn't help but ask again, "Are you sure that it is a stock in the two main areas of 'military industry' and 'Internet finance'?" And...... Is it indeed synchronized with a number of abnormal stocks in the fields of 'infrastructure' and 'state-owned enterprise reform'? ”

Zhu Peng nodded very clearly and said, "Sure!" ”

Saying that, he immediately handed over the list of abnormal stocks that had just been sorted out when he was reviewing to Zhu Yang, and continued: "There are nearly 40 stocks involved, and I believe that this is not all, in addition to the constituent concept stocks in the field of 'infrastructure' and 'state-owned enterprise reform', 'Huaguo Heavy Industry, Huahang Electromechanical, Huahang Optoelectronics, Hangfa Power, Huaguo Great Wall, Hangfa Technology, Oriental Fortune, Flush, Hengsheng Electronics...... These dozen stocks have obvious changes, and these stocks basically belong to the two main concept fields of 'military industry' and 'Internet finance'. ”

"'Military industry' and 'Internet finance'......" Zhou Yang's eyes kept flashing, and he pondered in his heart, "Could it be that these two lines are also the key attack areas of the 'Yuhang Department' to build a position?" The line of 'Internet finance', the logic of expectation and speculation, compared with 'infrastructure' and 'state-owned enterprise reform', is not bad, that is, the line of 'military industry', which is obviously a main line of poor market trend recently, and the logic of the layout of this line...... What is it exactly? ”

"Mr. Zhou!" Zhu Peng saw that Zhou Yang was a little stunned, and couldn't help but remind, "Do we need to increase our positions simultaneously in the two lines of 'military industry' and 'Internet finance'?" ”

Zhou Yang heard Zhu Peng's voice, came back to his senses, thought for a while, and asked, "Do the funds we manage have so many available funds and multi-line layout?" ”

"At present, our fund holdings are not high." Zhu Peng said, "The cash that can be used to increase positions is still enough, that is, ...... If the multi-line layout and the positions are relatively scattered, in case there are one or two main lines of the layout that do not come out in the market change in the future, it may be a little passive. ”

When Zhou Yang heard this, he continued to ponder in his heart for a while.

Thinking about the current net value of fund products in the industry, it is basically at the middle and lower levels, which is not optimistic.

If the multi-line layout, taking into account some main line areas with less certainty in the market outlook, and diversifying funds, it will definitely have an impact on the net value performance of the market outlook.

So, after thinking for a while, he gave up the idea of multi-line layout, and said: "Relatively speaking, the certainty of the market outbreak of the two main lines of 'infrastructure' and 'state-owned enterprise reform' is still much larger than that of 'military industry' and 'Internet finance', and the capital volume of our fund products is far inferior to that of 'Yuhang Department', and the two lines of 'infrastructure' and 'state-owned enterprise reform' are enough to accommodate." ”

"That being the case, then you don't have to think about diversification."

"According to the list of stocks with obvious changes that you have sorted out today, according to the two lines of 'infrastructure' and 'state-owned enterprise reform', the stocks will concentrate on increasing their positions, and the rest will ...... Don't worry about it for the time being, we don't have so much effort and funds to lay out a multi-line market. ”

"Good!" Zhu Peng responded and immediately began to deploy the corresponding trading strategy.

Similar to Yinhua Public Fund Company, the well-informed main institutions have made investment strategy adjustments, from empty to long.

】

At this time, the time flies to 5:30 p.m.

In the midst of all the attention, the data of the dragon and tiger lists of the two cities were refreshed as scheduled.