The entire market investor base is in the spotlight.

The stagnant two markets began to beat instantly, only to see that benefiting from the brewing of pre-market sentiment and the driving effect of the peripheral market, most of the industry sectors and concept plates in the two cities showed a high opening trend, with a total of nearly 2,000 stocks in the entire market, and more than 1,400 showed a red disk trend.

And in most of the high-opening industry plates, concept plates.

On the main line of 'technology growth stocks', a number of core concept sectors such as 'Internet finance', 'e-commerce', 'Apple concept', 'domestic software', and 'film and television entertainment' have all shown an obvious trend of high opening, ranking among the top gainers of the concept sectors in the two cities.

Among them, among the core concept plates, a number of popular core concept stocks with high market attention and investor discussion are even more eye-catching.

For example, 'LeTV' opened up 1.23%; 'Hengsheng Electronics' opened 3.29% higher; "Sanjiang Shopping, Xinhuadu, Pegasus International, Business Treasure, Commodity City" and other "e-commerce" concept stocks all opened higher by more than 2%; Apple concept stocks such as Crystal Optoelectronics, Shuobeide, Lixun Precision, and Changying Precision also rose by about 1% at a high opening; Even the old demon stock of "Shanghai Ganglian", following yesterday's price limit, opened at the beginning of today's call auction, that is, it opened at a high price of more than 5 points, and it has the momentum to continue to impact the price limit.

Compare the stocks in the 'tech growth stocks' sector that are generally strong in the market as a whole.

The traditional investment fields that are biased towards the direction of the main board, especially in the market performance yesterday, the 'military' and 'steel' sectors, which once played a money-making effect and the follow-up sentiment of the capital group, and even the entire 'pan-infrastructure' field, are much weaker in terms of disk performance, market investor groups, and even topicality.

Even, in the entire traditional investment field, the two major industry sectors of 'military industry' and 'steel', which are the most popular, and their corresponding concept plates, even the top five positions in the industry sector and the concept sector of the two cities have not been able to squeeze in, completely losing the possibility of continuous spread of emotion and speculation.

However, in the case of 'military', 'steel' and other 'pan-infrastructure' industry sectors and concept plates, the overall performance is not outstanding.

About the core concept stocks that Fortune Road bought yesterday.

As well as the heat of market speculation and discussion, which are still relatively high in the market, such as 'Beijiang Jiaotong Construction, Shanghai Construction Engineering, Tianshan Cement, Shibei High-tech' and other stocks.

The performance of the disk is not bad.

These votes have relatively maintained a relatively obvious high opening trend, among them, 'Fushun Steel' even opened more than 2%.

"Haha, the market trend is really cooperative!" At 9:16, seeing the preliminary call auction state shown by the market, at this moment in the Shenzhen market, inside Pingyin Asset Management, in the main fund trading room, Liu Ziliang, the general manager, couldn't help but smile on his face, "The wind in the peripheral market is really timely." ”

Fund manager Chen Shen stood beside Liu Ziliang and bowed slightly: "Indeed, after this wave of emotional stimulation, the main line investment concept of 'technology growth' should quickly take root in the hearts of the people, and the consistent investment expectations of the majority of investors in the market in this main line direction will also be formed faster." ”

"It seems that we have no problems with the prediction of the market and the investment layout before." Liu Ziliang said, "In this situation, I really want to see how the capital of the 'Yuhang Department' will adjust the trading strategy?" ”

Chen thought for a while and responded: "No one can go against the macro trend of the market, although the capital of the 'Yuhang Department' is not small, and has a huge influence on the market investor group, but in the case of the development trend of the main line of 'technological growth' has been unstoppable, I estimate that this main capital ...... It should not be in the direction of traditional investment fields such as 'large infrastructure', and it will inevitably reduce the weight of the corresponding positions and increase the position in other popular concept sectors that are well developed in the market. ”

"It would be great if this was the real choice." Liu Ziliang said, "We have worked hard to play the main line of 'science and technology growth', the purpose is to make the market investment sentiment and expectations fully explode in this direction, attract follow-up intervention of all kinds of funds to continue to lift the sedan chair for us, so as to harvest more profits in the market and rewrite the performance of our fund in the first quarter." ”

"So far, it's ......"

Liu Ziliang kept an eye on the changes in the market and said with a smile: "We are getting closer and closer to success." ”

"If the market trend is fully turned to the line of 'technological growth'......" While the two were talking, Gao Yixiang, the head of the fund trading team in the trading room, also interjected, "Then the 'Yuhang Department', the core main institution of the market, should be fully empty, right?" ”

Chen Shen nodded and responded, "That's for sure!" ”

"More than that......" Liu Ziliang smiled and continued, "Once the market direction, emotional changes, and even investment expectations really turn to the line of 'technological growth', the entire market will have a fundamental change in the short, medium-term, and even long-term investment philosophy." ”

"At the same time, the market is concentrated in the direction of 'technological growth'."

"It will also lead to a further weakening of liquidity in the traditional investment areas of the main board, such as 'large infrastructure', 'finance' and 'big consumption'."

"And when the liquidity in these directions weakens."

"The impact is that all kinds of active money will flee more and more from these investment areas."

"It is not surprising that the pattern of 'Shanghai is weak and deep and strong' is to be formed for a long time, and at the same time, the market trend in the second half of last year is also very likely to be staged again."

"If the market trend returns to the direction of the breakthrough of the small and medium-sized board and the gem......," Gao Yixiang asked, "Mr. Liu, which main line direction should be the main direction and concept plate with the greatest potential for the outbreak space?" ”

Liu Ziliang thought for a while and said: "I think that the main concept plate with the greatest potential for market explosion is still the two major fields of 'smart phone industry chain' and 'mobile Internet'. ”

"In the direction of e-commerce and Internet finance, I feel that there is also a lot of potential for market explosion." Chen Shen continued, "I heard that now, many domestic financial institutions and financial companies, including our group, have shouted the slogan of 'financial technology', and are also stepping up the launch of their own 'mobile Internet business port', borrowing the thinking of 'Internet +' to give new meaning to 'finance'." ”

"It's just ...... in the two directions of 'Internet finance' and 'e-commerce'"

Chen Shen paused, looked at Liu Ziliang, and saw that the expression on Liu Ziliang's face had not changed much, so he couldn't help but continue: "We don't have too many positions, and now that these two major conceptual sectors have risen, it is not easy to increase positions." ”

Liu Ziliang stared at the trend of the collective bidding of the two major concepts of 'Internet finance' and 'e-commerce' in the market, and responded: "But there is nothing to regret, according to the overall market changes, the two conceptual sectors of 'Internet finance' and 'e-commerce' follow the underlying logic of market speculation, or the two core logics of 'mobile Internet' and 'smart phones'." ”

"Yes!" Gao Yixiang couldn't help but pat himself on the back and said, "'smart phone' is the hardware logic, 'mobile Internet' is the software logic, the two core investment logic derived from the main line of investment, is the ultimate theme of 'technology growth', and the current 'smart phone penetration', or 'mobile Internet' user group growth, are still in the industry has just broken out stage, the follow-up growth space is huge, it can be used as a long-term investment theme in the market for three to five years, investment." ”

"But the big investment theme of 'technology growth' has actually been mentioned by many institutions two or three years ago." Wang Jinglun, deputy head of the trading room trading team, hesitated for a while, and then said, "It is true that there is still huge room for growth in the follow-up of 'smartphone penetration' and 'mobile Internet user growth', but in the entire market, not only the domestic market, but also the global market, all investment institutions and investor groups from all walks of life have quite high investment expectations for these two main directions." ”

"I'm worried about ......"

Wang Jinglun paused for a while, thought for a while, organized the language, and then continued: "With such a high consensus expectation, once some core stocks in these two main areas, or the leading companies in the industry, do not meet expectations in terms of business development and performance, it is very easy to drag down the overall market in these two fields. ”

"And then there'...... Everyone is optimistic that it is not conducive to the continuous undertaking of the chips on the disk, or to quickly play a certain expected difference, and there is an unexpected market. ”

"Jinglun, what do you mean by that?" Without waiting for Liu Ziliang to respond, Chen Shen quickly turned his gaze to Wang Jinglun, and said in a stern tone, "Are you saying that we were wrong in the choice of trading strategy from the beginning?" Or do you want to say that in the current trading room, you are the smartest enough to understand this? ”

Wang Jinglun was stunned for a moment, and hurriedly explained: "Mr. Chen, I ...... That was not what I meant! ”

"That's it!" Liu Ziliang frowned slightly, his eyes swept over the three people in front of him, and said, "Jinglun reminded us, it's not wrong, it's just that we are in the transaction, we can't look ahead and backwards, since the market has chosen the direction of 'technology growth', and we have taken the lead in this direction, then we can only follow the trend to do it, guide the market as much as possible, and expand the profit range we can harvest." ”

"As for the follow-up related core companies, performance, business expansion, and what is the growth space shown."

"That was after that."

"Now, we only need to guide the current market sentiment, expand the money-making effect of the main line of 'technology growth', and lead the majority of investors in the market to continue to deepen in this direction, and continue to lift the sedan for our heavy stocks, and at the same time ...... also correspondingly sniped at the capital of the 'Yuhang Department' and grasped the initiative in the market. ”

"Look long and short, have a wide vision, and be solid under your feet."

"This is the essence of trading, and it is also the trading principle that we should follow as asset managers."

Hearing Liu Ziliang's warning, the three people in the trading room who were obviously a little undealing nodded one after another, and then quickly turned their eyes back to the trading interface of the two cities.

I saw that after a short discussion between the three of them......

At this moment, the market trading time has slipped to 9:19.

On the entire market trading disk, the so-called "technology growth" is the main line of the field, such as "Internet finance", "e-commerce", "film and television entertainment", "domestic software", "Apple concept" and other core concept plates, and their corresponding popular concept stocks, the trend is getting stronger and stronger, and has fully occupied the top of the list of concept plates in the two cities.

In the traditional investment field of the main board, such as 'military industry', 'steel', 'real estate', 'finance', 'building decoration', 'building materials' and other industry sectors, as well as their corresponding concept plates, the trend has fallen into a state of shrinkage, and the liquidity of various industry sectors is very poor, especially the super large blue-chip stocks with a market value of 100 billion yuan such as 'CEFC Securities, China Commercial Bank, and Huaguo Taibao'. A number of small- and medium-cap concept stocks with a market value of tens of billions or even billions of market capitalizations in the fields of 'domestic software'.

"It's really two heavens of ice and fire!"

Seeing that in the direction of the main board, the initial call auction stage, the money-making effect and emotional heat shown are really extremely limited, and even the "Fushun Special Steel", a "wealth road" seat blessing concept leading stocks, the call auction trend, is also declining, at this moment, Yu Hang Minghui Capital, the main fund trading room, fund manager He Hong is very helpless, can't help frowning, sighed: "Is the market really to the" science and technology growth "the main line of development and never return?" Is there really no chance on the line of 'big infrastructure'? It shouldn't be! The capital of the 'Yuhang Department' is gathered on a large scale here, how can it be that the money-making effect in this direction cannot be driven at all? ”

Hearing He Hong's emotion, Xu Zhongji, the general manager standing beside him, responded in a deep voice: "Be patient, I always feel that the line of 'scientific and technological growth' is not so easy to get out completely, history will repeat, but the way of repetition every time is absolutely not the same." ”

"Mr. Xu is still optimistic about the direction of 'big infrastructure'?" He Hong asked.

At this time, the market trading time has quickly jumped past 9:20.

I saw that after a large number of false pending orders were cancelled, the market finally presented the real call auction state, and a minute ago, although the volume and energy performance of the matching transaction has dropped significantly by a level, but the overall market pattern of the two markets has not changed much, and it is still the pattern of 'Shanghai is weak and Shenzhen is strong', and it is still ' The corresponding stocks of science and technology growth occupy the mainstream of high-opening stocks, and the performance of a number of traditional investment sectors is mediocre, not only the main buy orders are scarce, but the active selling orders are also scarce, and the overall liquidity is relatively lacking.

Xu Zhongji responded: "I am not optimistic, I believe that the market will be the '28 pattern' no matter when, that is, it will not let the vast majority of investors make money, the current market performance of the main line, the overall valuation of the 'technology growth' line is several times higher than that of the main line in the traditional field, and the short-term increase is not small, and the mood and expectations have already been filled, and there is no room for exceeding expectations." ”

"More importantly, ......"

"In the current situation of the market, there is not too much incremental capital to continue to enter the market."

"Therefore, it is absolutely not so easy for the line of 'scientific and technological growth' to continue to hold high and fight high, and to open up a new height space without going through a wave of medium and long-term fierce adjustments."

"On the contrary, it is the direction of 'big infrastructure' that has fallen in terms of heat, emotion, expectations and other aspects."

"At this time, there is a good opportunity for breakthrough."

"If the capital of the 'Yuhang Department' gathered within the line of 'big infrastructure' is really bold, I think...... They should be in the current situation, they will do something. ”

"Hey, hopefully!" After listening to Xu Zhongji's analysis, He Hong sighed softly and nodded.

After the continuous layout at this stage, under the influence of Xu Zhongji, the current main position direction of several funds under their company is also completely focused on the direction of 'large infrastructure', so ...... Psychologically, He Hong must also hope that the market will break through the direction and be completely biased towards the field of 'large infrastructure'.

Hope, however, is hope.

When he sighed and turned his gaze back to the trading board of the two cities, a number of traditional industry stocks in the direction of the main board of the Shanghai Stock Exchange, as well as their corresponding blue-chip weights and popular concept stocks, were still losing blood, while the industry plates and concept plates that focused on the main line of the Shenzhen Stock Exchange and the ChiNext 'science and technology growth', as well as a number of popular growth concept stocks, followed the deepening of emotions and continued to attack under the effect of buying funds, and the overall high opening range was getting bigger and bigger.