Liu Ziliang smiled and said: "Since the market trend has given an opportunity in the overall market change, then we should also let the 'Yuhang Department' this capital experience what it means to be perfect to step short." ”

"What does Mr. Liu mean......" Chen Shen pondered for a moment and responded, "We must guide the market and make a breakthrough in the direction of the small and medium-sized board and the 'growth stocks' of the gem, so as to avoid the 'large infrastructure' and 'military industry' of the 'Yuhang system' and other main line areas in the early stage, and take the initiative in the market in our own hands?" ”

Liu Ziliang bowed slightly, and asked: "Do you think that relying on the current market changes and changes in the direction of active capital flows, we will cut in from this aspect, formulate relevant trading strategies, focus on the small and medium-sized board, the growth stock of the gem, avoid the main line of the 'Yuhang system' heavy position, guide the main line of the market, and develop deeply to the field of 'growth stocks', what is the probability of success?" ”

Chen Shen pondered for a while and replied: "From the analysis of speculation logic and expectation logic, the line of 'growth stocks' is obviously inferior to the early main line areas such as 'infrastructure', 'military industry', and 'Internet finance', but from the perspective of the market speculation sentiment at the moment and the follow-up effect of various funds, the line of 'growth stocks' stimulated by the hype of the 'film and television media' line is significantly stronger than the 'infrastructure', 'military industry', 'Internet finance' and other early main line fields. ”

"If we can guide in a timely manner, continue the hype sentiment in this direction, and use the main line of hype with major positive stimuli of 'film and television media' to maximize the hype space of the market, so as to deeply introduce the active funds in the market into the line of 'growth stocks', it is not impossible."

"Of course ......"

Chen Shen paused, and continued: "In order to make the market trend and completely form a situation dominated by the direction of small and medium-sized boards and gem 'growth stocks', the most important thing is that a huge amount of continuous incremental funds are needed to continue to guide in this direction, and the continuous money-making effect in this direction will continue to expand and diverge, and finally let the investor group of the entire market form a consensus on expectations in this direction." ”

"Just like last year's outbreak of the two main lines of 'mobile Internet' and 'smartphone industry chain'."

"Only the continuous money-making effect and the consistent expected consensus can really open up the height of a main line market and enable the market to complete the transformation of investment style."

"My suggestion is ......"

Chen Shen thought about it carefully and said quite cautiously: "If Mr. Liu has to carry out a large-scale layout in this direction, guide the market investment style to change to the direction of the small and medium-sized board and the gem, seize the active capital liquidity of the market, and suppress the positions of the 'Yuhang Department' funds in the early stage of the popular main line areas such as 'infrastructure', 'military industry' and 'Internet finance', then it is best to unite several similar institutions with strong capital volume to work together, and we will have a greater chance of winning." ”

"After all, it is necessary to continue to guide the market, so that the majority of investors in this direction form a more consistent expectation."

"The amount of money that needs to be invested is by no means a fraction of what can be done."

"At this level of trading action, it is difficult for our institution to really pry the market and complete the transformation of the market style."

"There is also the introduction of other institutions to invest in this area, which can also share our investment risks."

"At the same time, it can also form a consistent interest expectation."

Hearing Chen Shen's analysis, Liu Ziliang pondered carefully for a while, and felt that it was very reasonable, indeed, relying solely on the financial strength of their 'Pingyin Asset Management', if they want to use the emotional flame of 'film and television media' to pry the market, and copy the actions of the 'Yuhang Department' on the main line of 'big infrastructure' in April and May, driving the market to complete the transformation of investment style, it is still quite stressful, and if it is timely to cooperate with other institutions to act synchronously, the pressure will be much less.

"Tomorrow, Wednesday, there will be an offline investment strategy meeting in the industry in Magic City." After thinking about it, Liu Ziliang said, "When the time comes, I will exchange views with Mr. Gao of 'E Fund' and Mr. Shan of 'Huarui Public Fund' to see if I can cooperate in this regard." ”

"They...... Can you say yes? Chen Shen asked, "After all, this matter is still quite sensitive." ”

Liu Ziliang said with a smile: "The capital of the 'Yuhang Department', recently in the market, the operation is too aggressive, the core hot stock chips, I want to get a hand for everything, and at the beginning, I occupied a lot of high-quality stock chips in the core main line, just waiting for everyone to carry a sedan chair for it, how can there be such a cheap thing in the world?" ”

"At present, in the industry, many people are dissatisfied with the trading practices of the 'Yuhang Department' in the market."

"Moreover, I don't know if it is the deliberate connivance of the regulator or the current market supervision style, that's it, anyway...... Everyone is really helpless about this organization at the moment. ”

"Before, the whole market, only the 'infrastructure', 'military industry', 'Internet finance', these 'Yu Hang Department' heavy positions in the main line of the market have played a more consistent expectation, with the majority of investor groups to follow the trend, forcing everyone to do in these directions, forced to the" Yu Hang Department "this share of funds to lift the sedan chair."

"But now ......"

"The line of 'film and television media' has fully exploded, and the active funds in the entire market have shown signs of consistent transfer and flow in the direction of 'growth stocks' on the small and medium-sized board and the gem."

"That is to say, in addition to the core main lines of 'infrastructure', 'military industry' and 'Internet finance', the market also has certain expectations and speculation logic in other main directions."

"In this case, as long as someone is willing to take the lead in igniting the market and guiding the market in this direction."

"In the entire industry, the main capital groups that are dissatisfied with the funds of the 'Yu Hang Department', or the main capital groups who are unwilling to lift the sedan chair for the 'Yu Hang Department' funds, will naturally follow the trend in other directions where we ignite, and abandon the 'Yu Hang Department' to occupy the active control position of the 'infrastructure', 'military industry', 'Internet finance' and other main areas in the early stage."

"Under all these factors......"

"Mr. Gao of 'E Fund' and Mr. Shan of Huarui Public Fund should know how to choose as long as they are not stupid."

"Now, the most critical ......"

Liu Ziliang stared at the two markets that were about to open, and finally said in a deep voice: "It is still necessary to maintain the strong state of the market in the direction of the small and medium-sized board and the gem 'growth stocks', on the one hand, to play the money-making effect in this direction, and on the other hand, to attract a group of short-term active funds in the early stage of chasing 'infrastructure', 'military industry', 'Internet finance' and other popular main line areas, abandon these popular main line areas in the early stage, and follow the trend into the small and medium-sized board, the gem 'growth stocks' line." ”

"Hmm!" Chen Shen nodded, "'Film and Television Media' line, at present, the hype is still very hot, plus the blessing of the 'Fortune Road' itself, there should be no need to guide it for the time being, if we want to aggravate the market style to the small and medium-sized board and GEM, we should focus on guiding the direction, or play such as Internet Speed Technology, Inspur Information, Changqu Technology, Huaguo Software...... Wait for a group of popular high-quality 'growth stocks' with high market attention and can quickly gather popularity to make money. ”

Liu Ziliang nodded and responded: "Okay, then guide the market in this direction, increase the weight of our positions in the direction of the small and medium-sized board and the gem, and at the same time buy Wangsu Technology, Inspur Information, Changqu Technology, Huaguo Software...... and other popular high-quality 'growth stocks', which further stimulates the market's hype and follow-up sentiment in this direction. ”

"And ......"

Liu Ziliang thought for a while and continued: "While we increase the weight of our positions in the direction of the small and medium-sized board and the GEM, we also appropriately sell the chips that we were forced to increase in the early core main lines such as 'infrastructure', 'military industry', and 'Internet finance', and suppress the trend of heavy holdings related to the 'Yuhang system', so that the majority of investors who hesitate in the market can see that the overall market trend is moving towards the field of 'growth stocks' on the small and medium-sized board and GEM." ”

"Understood!" Chen Shen nodded.

Then, take advantage of the last two minutes before the official opening of the market to step up and speed up the arrangement of trading tasks.

Then, immediately after, the time quickly slid to 9:30, and between the attention of the vast number of investors in the two cities, the stagnant disk began to beat again.

I saw that after a short five minutes of market sentiment brewing, as well as private discussions among many investors.

As soon as the market opened, the market trend was further differentiated.

First of all, the entire "film and television media" sector field, a number of "film and television" related main business concept stocks, further by the entire market active funds sought after and speculated, in addition to the "wealth road" new positions of the six concept stocks have been lightning blocked the price limit, other Wasu Media, Phoenix Media, Bosera Communication, Shengda Media, Zhejiang Digital Culture...... and other related concept stocks, which also exploded in volume and hit the price limit.

Secondly, the fiery money-making effect played by the 'film and television media', as well as the strong hype sentiment, instantly spread and spilled over to the entire small and medium-sized board, the small and medium-sized cap concept stocks on the GEM, and the so-called small and medium-sized 'growth stocks', resulting in the ...... of the Internet software development, Internet software applications, mobile games, and smart phone industry chains and other industry sectors and concept sector indices rose rapidly, and their related core concept stocks also exploded instantly, showing a strong buying volume and money-making effect.

Then, due to the active funds on the market and the new incremental funds outside the market, a large scale to the market small and medium-cap concept stocks converged, which directly led to the 'infrastructure', 'military industry', 'Internet finance' and other early hot mainline areas of the sector instantly weakened, and there was a large amount of active selling on the relevant core stocks.

Again, due to the switch of this style and the flow of active funds.

After a number of popular mainline sectors such as 'infrastructure', 'military industry' and 'Internet finance' in the early stage became a net outflow of funds from the weak market, the signs of a weak and strong market pattern in Shanghai are becoming more and more obvious.

At 9:33, it was only three minutes before the official opening.

Under this relatively divergent trend, with the small and medium-sized board index and the ChiNext index rising by 1.5%, the Shanghai index is still hovering in place.

At 9:35, the gap between the Shanghai Composite Index and the ChiNext Index officially widened to more than 1%.

At 9:37, within the 'film and television media' industry sector, the daily limit of individual stocks reached about 15, and the industry sector index rose by more than 3.5%.

At 9:40, the two major indexes of the small and medium-sized board and the gem rose further to 1.7%.

At 9:42, the core constituent stock of the Growth Enterprise Market (GEM), Netspeed Technology, rose in a straight line, and the stock price returned to the 70 yuan mark, which once again stimulated the speculation in the field of small and medium-cap concept stocks in the two cities.

At 9:45, the gap between the Shanghai Composite Index and the ChiNext Index widened to about 1.2%, and the gap with the Shenzhen Index also widened to 1%.

At 9:48, in the case of extremely heated speculation in the small and medium-cap concept stocks in the two cities, a large number of active sell-offs have emerged in the early popular main line areas that have absorbed and accumulated a large amount of funds in the early stage, such as 'infrastructure', 'military industry', 'Internet finance', etc.

At 9:50, the core stocks in the field of "infrastructure", Huaguo Metallurgical in the market major indexes continue to break through, there is a trend of not rising but falling, the amount of funds on the disk, but also a continuous net outflow of the trend, from the beginning of the slightly higher opening form, all the way down to the current underwater decline of nearly 2%.

At 9:53, following Huaguo Metallurgical, the check of Hangfa Technology in the field of "military industry" also appeared a relatively concentrated sell-off, bucking the trend and falling underwater.

At 9:55 a.m., the early stage was strong, and a number of core popular leading concept stocks such as Shanghai Construction Engineering, Beijiang Jiaotong Construction, Hongdu Airlines, and Jinzheng Co., Ltd., which continued to continue to connect the board trend, all showed a great shock trend, and the disk selling increased rapidly, and the strong form was gone.

At 9:58, there was a straight line diving trend in Northern Xinjiang Jiaotong Construction, and the decline in the disk expanded to about 5%.

At 10:01, at the moment when the market trading time could be spent for half an hour, the concept plates and industry sectors related to the core main lines of 'infrastructure', 'military industry' and 'Internet finance', such as building decoration, building materials, real estate, steel, military industry, military-civilian integration, mobile payment, financial technology, state-owned enterprises, reform and reorganization of central enterprises, and Shanghai Free Trade Zone...... and other concept sectors and industry sector indices have all turned green, and in the entire field, the net outflow of main funds has reached the level of 300 million.

At 10:05, in the early stage of the popular main line trend, the market style changed significantly, the Shanghai Composite Index hovered around the 2300 point mark, after half an hour, finally fell through again.

"Hey, why is it so difficult to stand at 2300 points?"

Seeing that the Shanghai Index hesitated for half an hour, and finally failed to stand firm at 2300 points, at 10:07, Yu Hang, inside Anzhao Fund Company, in the main fund trading room, Zhou Hui stared at the two markets that were changing at the moment, and couldn't help but be depressed: "The deep index and the gem index are all flying, and the Shanghai index is still motionless, Mr. Qin...... Today's market trend seems to be a little weird! ”