"As long as Qian Lao doesn't dislike it, then I will be your student." Su Yu said with a smile, "I just don't know what is the so-called matter that Qian Lao made a special trip to Yuhang this time to meet me here?" ”

He didn't know what the other party wanted to do when he asked to meet him.

But since Qian Zhongmou came in person, and Zhou Boyang also went to his company to block the door in person, it shows that the other party's intention is not simple.

Qian Zhongmou said with a smile: "I heard Director Xing mention you before, saying that you are a rare market trading genius among the rising stars in the domestic financial industry. ”

"Director Xing?" Su Yu had some doubts in his heart, pondered and recalled for a while, and then asked tentatively, "What did Qian Lao say...... Director Xing of the Fund Management Department of the Securities Regulatory Commission? ”

"Yes!" Qian Zhongmou bowed slightly, "At one time, I thought that the two of you were related. ”

When Su Yu heard this, he was startled, and hurriedly coughed lightly, and replied: "That can't be, I have nothing to do with Director Xing, and I don't even ...... I haven't been familiar with you yet, after all, I have met with you, but with Director Xing, at most, I have only heard of each other. ”

"Don't be nervous, I'm just kidding." Qian Zhongmou smiled and said, "I still understand Lao Xing's temperament, if you are really some of his relatives, he will definitely be completely with you on formal occasions, and he will never help you say a good word." ”

"Is it true that Mr. Qian just came to Yuhang for a meeting?" Su Yu stared at Qian Zhongmou's eyes, obviously unconvinced.

Although after a year of hard work, he now has a little fame in the domestic financial circles and has his own small business foundation, but in the eyes of real domestic asset management giants such as 'Huatou Group' and 'Huijin Company', he is still just a small person.

And compare to a small person like him.

Qian Zhongmou, who is in charge of the entire 'Huijin Company' asset management system and holds the authority of thousands or trillions of investment capital, is a real domestic financial giant and a real big man.

In the itinerary, the big man directly asked the secretary to block the door and invited him to meet here.

The reason is just that I am curious about such a character as him, and I just want to know about it, how do I think about it...... The logic doesn't make sense at all.

"Well, Mr. Su......" Seeing the doubts in Su Yu's eyes, Zhou Boyang, the secretary who had been sitting on the side, couldn't help coughing lightly, continued the conversation, and explained, "In fact, Qian Lao is here, not just to see you, but also to hear your views on the follow-up development of the domestic financial market, as well as the ecological environment and investment style of domestic investors...... and so on. ”

Qian Zhongmou heard Zhou Boyang's explanation, nodded with a smile, and continued: "Yes, Xiao Zhou is right, I mainly want to hear some of your views on the follow-up development of the domestic financial market...... You should have quite a unique side in trading, as well as some cognition of the domestic financial market, and I would like to hear your thoughts. ”

"The success of our 'Yuhang Investment Company' in the past year is not universal, but actually quite accidental." Su Yu didn't know the specific purpose, so he could only respond modestly with a smile, "And I'm young, and my market trading experience is still insufficient. ”

"It's okay!" Qian Zhongmou said with a smile, "Let's talk casually, how about academic exchanges when we have a meeting?" It doesn't matter if you can't say it, after all, what we say today is all private chat, and no one cares. ”

"Yes, yes!" Secretary Zhou Boyang also nodded hurriedly and said, "Just chat in private." ”

Su Yu looked at the two of them with a smile, and saw that there was some expectation in their eyes, thinking that it would not hurt to say it, and at the same time, there were some trading ideas and market views, and he himself wanted to exchange views with industry bigwigs and seniors like Qian Zhongmou, so he couldn't help but nod and respond, and said: "Since Qian Lao is not disgusted, then I will follow my thoughts and briefly say it, if it is wrong, I hope that Qian Lao can correct it." ”

"Good!" Qian Zhongmou nodded appreciatively.

Su Yu pondered for a while, and then said: "Qian Lao just asked about the follow-up development of China's domestic financial market, and it should be said that at the current stage, there are some obvious shortcomings in China's financial market, right?" For example, the lack of trading system, the deformity of investor structure, and the guidance of wrong market investment values are ......"

"Almost!" Qian Zhongmou said with a smile, "How do you understand it, just say it, how do you think these obvious drawbacks, or development problems, are formed, and how should they be solved, or ...... According to the current market pattern, is there any possibility of change and improvement in the future? ”

Su Yu thought for a while and said: "The development time of China's financial market, compared with the development time of foreign countries, is actually not long, not only is it not long, it can be said to be quite short. ”

"In my opinion, China's financial market is still in the initial stage of development."

"What I just said about the lack of a trading system, the deformity of the investor structure, and the wrong market investment values...... In fact, when the market is in the initial stage of development, it is quite normal, and the disadvantages of this stage have also appeared in the development stage of foreign markets. ”

"As for these shortcomings in the future, whether they will change and get better, I think they will inevitably change and get better!"

"Oh?" Qian Zhongmou had a smile in his eyes and asked, "Why are you so sure?" ”

Su Yu smiled and said: "Because with the extension of time, everyone's understanding of the financial trading market will become more and more in-depth, and the foreign financial trading market has been going for one or two hundred years, we can learn enough experience from its historical development, and there is no reason why it will get worse and worse." ”

"Learning from experience is really what our country does best." Qian Zhongmou bowed slightly, he still agreed with Su Yu's cognition.

"However......" Qian Zhongmou paused, and said, "The future of the domestic financial market is undoubtedly beautiful, but as investors in asset management institutions, we can't just focus on the too distant future, and then formulate investment plans. ”

"It's like a stock ......"

"You know that its stock price, in the future, will be able to rise from 10 yuan to 100 yuan, but this process ...... You don't know how, and you don't know how long it will take to go from $10 to $100, it could be 1 year, 2 years, 5 years, 10 years, or even 20 years. ”

"The funds we manage are inherently time-costed."

"Therefore, even if the result is determined and the time is uncertain, it is meaningless for our actual transaction."

"Moreover, it is more likely that this stock, in the process of rising from 10 yuan to 100 yuan, will first fall to the bottom of 1 yuan, and even fall to the bottom of 1 yuan several times."

"Qian always wants to say that we can't just talk about it in trading, and the most important thing is to seek truth from facts." Su Yu responded with a smile.

Qian Zhongmou looked at Su Yu with great appreciation, and said with a smile: "You really know a little bit!" ”

The opinion that Su Yu said just now is undoubtedly correct, but it is only correct nonsense.

This is just like the brainless remarks of chief investment advisers, market analysts, well-known fund managers, financial influencers, and financial media stock commentators in the market at the moment.

No matter how the market changes, how it rises and falls in the short term, there will always be a time to rise in the future.

When it can go up, how far is it from the current timeline? Before the rise, how many shocks the market will go through and how long it will go through the bear market, no one can say why.

The financial trading market is a place where even if you know the results, you may not be able to make money.

The so-called 'correct nonsense' can't bring any substantive trading strategy, let alone support the actual transaction, and this is naturally not what Qian Zhongmou wants to hear from Su Yu this time.

"Then I'll talk about it from the perspective of facts." Su Yu saw Qian Zhongmou's eyes change, and continued, "I think the current trading market should have reached a turning point. ”

"First of all, the overall market valuation has been at the extreme of the trough in the entire history of A-shares."

"In terms of the average valuation of the market, it is already impossible to fall."

"Second, the global economy is clearly emerging from the shadow of the '08 financial crisis, according to the direction of purchasing managers' indices, unemployment rates, and macro-monetary adjustments in many countries in recent quarters...... A series of data and so on can show that the global economy is recovering strongly, and the domestic economy has begun to burst out with greater vitality under the rational adjustment of economic structure. ”

"The macroeconomic improvement in the macro aspect is the biggest cornerstone to support the market, because the essence of stocks is still the equity of the enterprise, and the value of the equity of the enterprise is fundamentally the profitability of the enterprise, the profit per share."

"In addition, the macroeconomic recovery and the enhancement of corporate earnings will promote the flow of hot money in the market, and at the same time, it will also prompt regulators and central banks to change monetary policy."

"Finally, due to the ecological problems of domestic investors, the market pendulum effect will continue to amplify due to sentiment."

"The bottom of market valuations that are better than the global average; enormous economic dynamism that far exceeds the global economic growth average; Incremental capital changes under the surge of hot money; Future expectations have risen amid a recovery in investment sentiment...... All these substantive signs of market development are showing that this is a relatively obvious turning point in the market. ”

Hearing Su Yu's understanding, Qian Zhongmou's eyes lit up, and he praised it very much: "This is the reason why you are in this position and gamble 30 billion?" ”

Su Yu knew that since the other party had asked him to come here, the other party should already know a lot about himself and the situation of several main funds of the company, so he couldn't help but smile and said, "Almost, in fact...... For more certain opportunities, it cannot be said to be a big gamble. ”

"In the financial trading market, nothing is certain to happen!" Qian Zhongmou smiled and said.

Su Yu said: "Indeed, but what everyone is facing is an unknown future, right or wrong, and can only be discovered after the market comes out by itself." ”

"You're confident about that?" Qian Zhongmou asked again something similar to before.

Su Yu didn't answer directly this time, but looked at Qian Zhongmou with a smile and asked rhetorically, "Don't Qian Lao think so?" ”

Qian Zhongmou pondered for a moment and said: "What you analyzed, it is also reasonable, but to say that the global economy has completely gotten rid of the shadow of the 08 financial crisis, there are some problems at present, to be precise, but we have alleviated a series of sequelae caused by the 08 financial crisis through a series of economic stimulus measures, so that the global economy has a short breathing time and recovery space." ”

"But this doesn't have a big impact on the current global valuation depression of A-shares, the depression of investors' expectations, right?" Su Yu responded, "The pendulum of the market is already swinging back, even if it is a short breather and recovery space for the global economy, this weak spring breeze is enough to blow open the A-share market that is already in the ice melting stage." ”

"The A-share market in the ice melting stage." Qian Zhongmou heard Su Yu's description of the current A-share market form, felt that it was very appropriate, smiled, and said, "Midwinter is over, the spring breeze is coming, haha......"

Seeing Qian Zhongmou's smiling face, Su Yu knew that he recognized his analysis, so he couldn't help but change the conversation and continued: "Old Qian, I have said so much, it should be enough to express my views and attitudes, right?" So...... Why don't we just open the skylight and say something? I really don't believe that you came to Yuhang, and worked hard to get Secretary Zhou to ask me here, just to listen to my nonsense? ”

"How can you say it's nonsense?" Qian Zhongmou said, "I think it is a sharp analysis and understanding of the market!" ”

Su Yu's expression remained unchanged, and he said with a smile: "In your place, isn't that just nonsense?" ”

"Haha......" Qian Zhongmou laughed, he enjoyed the high hat Su Yu was wearing, he was silent for a while, he still stared at Su Yu's face, and said his true intention: "Xiao Su, does your company have an agency fund management business?" If...... Let you manage a 'long-term mixed investment fund', can you still achieve such performance results as your company's several 'Yuhang system' main funds? ”

"Agency fund business? Long-term mixed investment funds? Su Yu heard Qian Zhongmou's long-term question, his heart was slightly shocked, he thought a lot, and hurriedly responded, "The business authority of agency fund management, our company can do at present, but this 'long-term mixed investment fund' that Qian Lao said...... How long is the term? Also, how big? After all, in the asset management business, the performance requirements of different levels of capital scale are completely different, and Qian Lao should also be clear about this. ”

"Can you catch the scale of 100 billion?" Qian Zhongmou slowly spit out a number.

When Su Yu heard the 'agency fund management business' of this scale, his heart jumped suddenly, and he was slightly stunned, and he forgot to answer for a while.

(End of chapter)