Su Yu stared at the trend of the disk, and was also a little surprised by the full-scale outbreak of the 'military industry' main line market, and said: "This market trend has exploded faster than we expected!" ”

"Is there any clear news?" Li Meng, who was standing next to Su Yu, responded, "Looking at the changes in the line of 'military industry', the main direction of attack is not the small-cap concept stocks that are easy to pull and speculate in this field, but the more core medium and large-cap constituent stocks. ”

"I feel ...... too For example, the main institutions are increasing their positions in a wide range of chips. Zhao Lijun also answered in due course.

】

"In the specific direction, 'Hangfa' is a stock, and 'China Airlines' is a stock, and the change is the most obvious." Liu Yuan pondered for a moment, and then answered, "And if you look closely, you will find that many tickets with the main business are linked, such as Hangfa Power, Hangfa Technology, as well as Huahang Electromechanical, Huahang Optoelectronics, or aerospace information, aerospace development, and even Huaguo Heavy Industry and Huaxia Shipbuilding, these two checks are also linked......

"Do you think there is an internal logic to the linkage of these stocks?" Su Yu turned his head to look at Liu Yuan and asked with a smile.

Liu Yuan nodded lightly and responded, "Don't you think so, Master?" ”

Su Yu smiled and didn't answer directly, but continued to ask: "Then what do you think is the internal logic of this linkage of these stocks?" ”

Liu Yuan thought for a while and said: "It should be the logical line of 'reform and reorganization of state-owned enterprises and central enterprises'!" ”

"Oh?" The smile on Su Yu's face was even worse, and he asked, "Why do you think so?" ”

Liu Yuan responded: "First of all, these changes are all state-owned holding stocks, and the main business is either similar, or the same, or simply different listed subsidiaries belonging to the same central enterprise group; Second, in terms of the macroeconomic reform policy, the wave of "reform and reorganization of state-owned enterprises and central enterprises" set off by 'Huaguo Petrochemical' has formed quite a wave in the market, and has even been hyped up by various funds as the main line before; finally, on the economic calendar today, isn't there an economic forum of relatively high standards for 'deepening reform'? This should be able to do so. ”

"Yes, that's amazing!" Su Yu's eyes showed a glint of appreciation, he looked at the apprentice he taught with a smile, and continued with a smile, "Just based on the changes in the disk and the linkage between individual stocks, it is quite powerful to be able to combine macro news and think of this layer of logic." ”

"But ......"

Su Yu paused, and reminded: "Market funds, in the 'military industry' line, generally increase positions and grab funds, most likely follow more than the logic you just said. ”

"Is there more than that?" Hearing Su Yu's reminder, Liu Yuan fell into contemplation again.

Su Yu bowed slightly, and continued: "The same is the trend of correlation, and the same is the main line field of 'military industry', you see that the 'China Airlines' and 'Hangfa' stocks, whether it is the attack strength of active buying or the strength of capital follow-up, are far stronger than the 'China Shipbuilding' stocks led by Huaguo Heavy Industry and Huaxia Shipbuilding, as well as ...... Compared with the main line of 'military industry', the main line fields of 'big infrastructure', 'big finance', 'petrochemical', etc., there are not a few 'state-owned holding' stocks with the characteristics you just mentioned, but these vote changes and synchronous linkage are not obvious. ”

"This shows that there may be potential positive directions in the market, in addition to what you just said, 'reform and reorganization of state-owned enterprises and central enterprises', in the separate field of 'military industry', there must be other important positive stimuli."

"Let's look at the main line of 'military industry', the main change of the concept plate."

"Closely related to the two series of stocks of 'Hangfa' and 'China Airlines', there is undoubtedly the two major concepts of 'domestic large aircraft' and 'aerospace', and there is also a feature, that is, the changes and linkages you are talking about are basically the stocks of the subsidiaries of the same system."

"From this point of analysis, it is very likely that there has been a huge breakthrough in the 'domestic large aircraft' and 'aerospace' projects, or new policies and project investment are good, and there should be some clear policy news released on the 'military industry asset securitization road' that I mentioned before."

"Of course ......"

After Su Yu finished analyzing, seeing Liu Yuan's originally excited look, he was a little depressed, and couldn't help but change his words, and praised: "Your analysis direction and disk analysis method are still not wrong, and at the same time, you also combine the market trend and possible news development outside the market very well." ”

"Thank you, Master, for your encouragement." Liu Yuan responded softly.

"The road to asset securitization in the military industry?" After listening to Su Yu's analysis, Li Meng carefully paid attention to the changes in the market, pondered for a moment, and responded, "Judging from the trend in all aspects, it seems that the expected logic in this regard is indeed constantly strengthening, and at the same time, it is constantly recognized by the main funds of all parties inside and outside the market." ”

"If you really analyze it according to the hype logic line of 'military industry asset securitization road'......" Zhu Tianyang, deputy head of the 'Yuhang No. 3' fund trading group, thought about it and interjected in response, "The 'military' line, the valuation standards and expected logic of many stocks will be revalued, right?" ”

"In this way, the future expectations of the reform and reorganization of state-owned enterprises and central enterprises, as well as the investment and development prospects of many large projects that can be expected in the future, such as 'domestic large aircraft', 'aerospace', 'Beidou navigation', etc., will completely come out of the hype space and expected space of the 'military industry' line."

Zhao Lijun smiled, took Zhu Tianyang's words, and continued: "It may be more than that, but also the rebound of the market's own investment sentiment and investment confidence, as well as the trend of the index continuing to break upward, can increase the overall valuation level of the market in disguise, thereby aggravating the hype sentiment of the 'military industry' line, and further opening up the hype space and expectation space of this main line." ”

"There are also factors such as the difference in the market's expectations before and after the 'military industry' line, as well as the internal chip structure of the main line itself." Zhang Guobing added, "The line of 'military industry' has not been out of any decent sustainable market in the early stage, nor has it shown any continuous money-making effect, so the expectations in the minds of investors are quite low, and similarly, due to the impact of this relatively low expectation, the current valuation of this line has also been compressed to near the historical extreme, and the structure of the chips in the field has also become quite clean." ”

"These factors ......"

Zhang Guobing laughed twice and continued: "Once the market expectations of this main line change greatly, and the fundamentals and news begin to stimulate synchronously, the market hype potential that will break out in the follow-up line, as well as the height of the hype space, will be quite fast." ”

"Agreed!" After listening to Zhang Guobing's analysis, Zhao Lijun immediately nodded in agreement, "Once the market expectations of this line change greatly, the market explosion potential of the main line of 'military industry' should be the strongest main line among all the main line areas of the two cities." ”

Speaking of which......

Zhao Lijun had to admire Su Yu's market judgment and understanding of the main line of 'military industry'.

As early as before the Dragon Boat Festival, when the entire market continued to weaken, Su Yu was able to judge from the market news and the policy wind that there would be a huge hype market in the field of 'military industry', so as to decisively attack the heavy position and lay out in advance.

"Can the 'military' line fully undertake the market of the 'big infrastructure' line in a short-term correction stage?" Wang Can heard that everyone was unanimously optimistic about the market of the 'military industry' line, pondered for a while, and couldn't help asking, "Can the two lines of 'military industry' and 'large infrastructure' form a good market rotation, maintain the market's money-making effect, and then help the market further open up the upside?" ”

In the face of Wang Can's question, Su Yu sighed slightly, and said: "The main line of 'military industry' and 'large infrastructure' is not an antagonistic relationship...... With this strong correlation, the rotation of the two lines of the market will naturally be able to transition smoothly. ”

"Su always says that the main direction of the big concept of 'reform and reorganization of state-owned enterprises and central enterprises', right?" Zhu Tianyang responded.

Su Yu nodded and continued: "Yes, it is the main direction of this big concept, the changes and rotation of the market are not linear, let alone either/or, so there is no need to compare them separately, we just need to grasp the core expectation logic, wait quietly, slowly follow the changes in the market trend, and adjust the trading strategy accordingly...... Just leave it to the market. ”

"Okay!" Wang Can nodded.

"Then ...... now" Before Wang Can nodded, Li Meng asked again, "Just watch quietly and do nothing?" ”

Su Yu responded with a smile: "The market situation and hype emotions need time to react, to ferment, not to be in a hurry, not to be in a hurry, not to be in a hurry, we are at the moment whether it is on the line of 'big infrastructure', or the line of 'military industry', or 'Internet finance', 'film and television media', these two lines, have already built a position, the layout has been completed, and there is not much that can be done, and even if the position is slightly adjusted, to guide the disk, to chase the hot concept stocks, so a little excess return obtained, For the capital volume of our main funds, which are tens of billions of dollars at every turn, the impact of net value is also close to nothing. ”

"Therefore, it does not make much sense to do this, but it may be self-defeating, exposing more of our holdings and motivations for holding stocks, and the gains outweigh the losses, so ...... It is better to calm down, observe the changes in the market first, and further find out the development of the market. ”

"It's better to be still than to be still." Li Meng pondered this sentence and stopped talking.

Then, after a pause, he returned his gaze to the two markets that were trading fiercely.

At this time, after fierce discussion and analysis in the trading room, the market trading time has entered 10:47, and the Shanghai Composite Index has reached the highest level of 2274.31 points in the session, and then slipped back to near 2270 points, around this key point, shocks.

The 'military' sector, which performed very well in the intraday, although the money-making effect within the plate is still expanding.

However, the entire main line of the market has begun to lose blood.

At the same time, within a number of industry sectors and conceptual sectors related to the main line of 'big infrastructure', the net inflow of main funds has also begun to reverse, and there are many signs of internal long-short divergence and continued retreat and hesitation of high-level follow-up funds.

Subsequently, when the time entered 10:50, the performance of this market 'one strong and many weak' began to become more and more obvious.

"It seems that the concentrated outbreak of the 'military industry' sector cannot stop the increase in market divergence!"

Seeing that the Shanghai Index is near 2270 points, it has not been able to go up, and at the same time, the selling pressure of the entire market has begun to increase again. If you don't use the time to fully clean a wave of profit-making chips in the field, re-consolidate the chip structure, and at the same time make the market money-making effect and the main line of market logic, in the passage of time, further go deep into the over-the-counter to attract potential investor groups in the market. ”

"Normal, the formation of a bullish trend in the market, time and space, are indispensable, here to adjust, clean up the short-term profit, is not a bad thing."

"Looking at the overall undertaking capacity, the index continues to rise, and it has indeed encountered strong resistance, and there is a need and motivation for a pullback and recuperation, but at this position, the space for the index to adjust downward is also very limited, right? And today's 'military industry' line is indeed bursting, although this line has not been able to completely drive the market, but the money-making effect and speculation space can be regarded as completely out, so ...... On the whole, despite the strong demand for a pullback in the index, the market can still do it, and in strong areas, it can also continue to relay longs appropriately. ”

"The space for the three boards of natural change of hands has been played, and the short-term can indeed be slightly more aggressive."

"It doesn't matter if the index pulls back for a short time, the key is the market speculation, and it is good to keep it at a relatively high level, and for now...... The short-term hype in the market has not only not declined, but is still heating up. ”

"Hey...... There are differences before there is a market, and there are differences that show that whether it is 'big infrastructure', or 'military industry', or 'Internet finance', there is still speculation! ”

Sure enough, with the rapid refresh of the news in the group, and the crowd of investors are still actively bullish on the view.

After the market trading time passed 11 o'clock, although the Shanghai Index, the Shenzhen Index, and the ChiNext Index were facing more and more pressure to sell on the disk, and although the long-short divergence in the field was becoming more and more obvious, the more core 'big infrastructure' and 'military industry' in the two popular main areas, suitable for all kinds of active funds to relay the hype of related concept stocks, but they are still getting stronger and stronger, and even several stocks are still being hyped by the main funds, decisively pushed up to the price limit.