"Yinkou Port?" When Mu Zhengxing heard Fang Xinsheng's words, he was stunned and hurriedly turned his attention to this stock.

At the same time, the amount of energy has expanded compared with yesterday, and the accumulation of orders on the board is very fierce, which means that the strength and hardness of the check seal are very good, and it also shows that the funds are optimistic about the resolute attitude of this stock.

And with the limit of 'Yinkou Port'.

The 'port shipping' sector of the market is also rapidly exploding and continues to rise.

Among them, a number of core stocks in the 'port shipping' sector, such as Shanghai-Hong Kong Group, Huayuan Shipping, Huaguo COSCO, and Huayuan Shipping Holdings...... and other stocks, all of which ushered in the care of a large number of main buying funds in an instant, and the stock prices rose one after another, driving the sector index to continue to break through.

"It's ...... What logic? Mu Zhengxing asked in surprise, "What kind of logic does the check of 'Yinkou Port' take?" What is the reason for this change in 'port shipping'? ”

"There seems to be no sign of shipping recovery, and many industry data show that the shipping cycle is far from the end."

"Is it the logical line of the 'Shanghai Free Trade Zone'?"

"But under the logic of the 'Shanghai Free Trade Zone', other 'free trade zone' concept stocks have no signs of change at all, and the 'Shanghai Free Trade Zone' concept plate index has not moved much at the moment, which means that the logic of capital attack should not be this, right?"

"It is obviously not the two expected logic of 'shipping recovery' and 'Shanghai Free Trade Zone'." Fang Xinsheng said with a smile between Mu Zhengxing's doubts, "If you pay attention to the stocks that are closely linked to the check of 'Yinkou Port', you can find that in addition to the core sector of 'port shipping', most of the others are small and medium-sized 'infrastructure' marginal stocks, and the geographical attributes of the stocks are also very distinctive...... I suspect that the funds should follow the general direction logic of the 'Eurasian Economic Belt' and the 'Maritime Silk Road on the Road to the New Era'. ”

"Of course......"

Fang Xinsheng paused and continued: "The check of 'Yinkou Port' can be a strong second board, in addition to the logical expectation of this direction, most of them have other potential good news, but due to the news channel, we currently do not know about its potential good news. ”

"The 'Eurasian Economic Belt' and the 'Maritime Silk Road in the New Era'?" Mu Zhengxing was shocked, thinking about the geographical location of 'Yinkou Port' and the general policy direction in the last year or two, and responded, "Listening to what the manager said, it is indeed possible that market funds are speculated, which is the logic of this line." ”

"I remember the manager saying ......"

Mu Zhengxing thought for a while and continued: "In terms of the underlying core logic and future expected direction of the market's 'big infrastructure', the 'Eurasian Economic Belt' and 'Maritime Silk Road in the New Era' are also one of the underlying core logics and expectations for the outbreak of the main line of 'big infrastructure', right?" ”

"If you look at it this way, the market situation and the direction of capital following, to the direction of these two concepts, is it the manager you said 'pan-infrastructure' investment strategy!"

Fang Xinsheng nodded and responded: "That's pretty much the case, this is also the premise that I think that the core sectors of 'infrastructure' and 'military industry' cannot continue to break through to the sun after the short-term profit plate is too heavy, and the market will inevitably follow the original main line logic, carry out horizontal expansion and in-depth excavation of the corresponding related themes, so as to carry out speculation and realize the most important judgment factor for market rotation." ”

"Got it!" Mu Zhengxing smiled and nodded, and whispered, "It turns out that this is called the 'pan-infrastructure' investment strategy. ”

His previous eyes have always been on the two main core sectors of 'infrastructure' and 'military industry', as well as the line of 'technological growth', and has always believed that the evolution and rotation of the market will inevitably be constantly switching between high and low in these main line areas under the premise that there is no essential change in the capital side of the stock game.

But I haven't thought about the horizontal expansion of the market, the superposition of the main line concept and the main theme, and the in-depth investment expectations and logic.

This led to his complete ignorance of the port shipping sector where the 'Silver Port is located'.

"Manager, if the next trend of the market develops according to this logical ......line," after careful reflection for a while, Mu Zhengxing said, "The market in the two main areas of 'infrastructure' and 'military industry' should gradually diverge, forming a high-low switching and rotation effect trend within the main line market, right?" ”

Fang Xinsheng nodded and responded, "You're right, there is a high probability that it will develop like this." ”

"Then we ...... in the position structure," Mu Zhengxing asked, "Do you want to adjust it a little and gradually focus on the core concept stocks in the direction of the two concepts of the 'Eurasian Economic Belt' and 'On the Road to the New Era, and the Maritime Silk Road', and make a small range of position adjustments?" ”

Fang Xinsheng pondered for a moment and said, "Not really. ”

"Why?" Mu Zhengxing wondered.

Fang Xinsheng said: "We are expecting the next market trend of the market, will form this main line of internal concept of superimposed hype, but how the market will change, there is still huge uncertainty, at the same time, whether it is the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road' two major concepts, or may undertake funds for in-depth speculation of 'central and state-owned enterprise reform and reorganization', 'free trade zone', 'military assets securitization' and other concepts, are around 'infrastructure', ' The underlying investment logic and future basic expectations of the two main lines of military industry are in derivative development and continuous deepening. ”

"In other words, no matter what the next market, which theme concept has become a hot spot in the market where funds are concentrated and speculated."

"The overall pattern of the market is still changing around the two main lines of 'infrastructure' and 'military industry'."

"At the same time, when the funds are hyping these conceptual themes derived from the two main lines of 'infrastructure' and 'military industry', they are also deepening the core investment logic expectations of the two main lines of 'infrastructure' and 'military industry'."

"i.e. ...... in this position"

"The market trend of the two main lines of 'infrastructure' and 'military industry', and even the upward trend, has not ended."

"In this way, since our main positions have been adjusted to the core stocks of the two main lines of 'infrastructure' and 'military industry', there is no need to adjust our positions and do a linear market speculation operation when the expectations and market conditions of these two main lines have not been completed."

"After all, the market is changing all the time, and so are the opportunities."

"We are able to react to the strategy and expectations of the market based on the forecast, and sometimes, it does not fully correspond to the actual trend changes in the market."

"According to the two main lines of 'infrastructure' and 'military industry', the feeder market speculation."

"How long it can last, how high the market space is, we can't accurately predict at present."

"At the same time...... within the two main lines of 'infrastructure' and 'military industry', a number of core weighted stocks that currently need to deal with short-term profit issues are actually also carrying a series of conceptual stories such as 'Eurasian Economic Belt', 'On the Road of the New Era, Maritime Silk Road', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', 'Free Trade Zone', and 'Military Asset Securitization'."

"From the perspective of capital, the market in the" infrastructure, "military industry" two main lines as the core of the situation, horizontal expansion and vertical deepening, but also only the main line of the internal high and low switching, once the relatively low concept of stocks to catch up, then the breakthrough of the market will definitely return to the core stocks that have now appeared signs of high adjustment, after all, in the entire "infrastructure", " Under the military's main line investment logic, the future expectations and fundamentals of these core stocks, and even the expected factors in the direction of other conceptual stories, are still the best. ”

"Therefore, now that we know that the market will eventually return, we will return to our main holdings to make a breakthrough."

"At this time, we don't need to adjust our positions to do this kind of short-term market speculation."

"As long as the financial trading market continues to be open, then the market will never lack trading opportunities', and at the same time, you should know ...... The money in the financial trading market is inexhaustible, and while we choose some opportunities, we must naturally give up some opportunities. ”

"Otherwise, it will end up ......"

"Most likely, it will be picking up sesame seeds and losing watermelons."

"Okay!" After listening to Fang Xinsheng's analysis and understanding, Mu Zhengxing had some insights in his heart, pondered for a moment, nodded, and said, "In this case, then we will continue to maintain a static position, and wait for the market to break through again after a short adjustment in this position." ”

After speaking, he turned his gaze back to the trading board of the two markets.

I saw that the market trading disk at this time, the overall shock pattern, has been obvious, whether it is the Shanghai Index, the Shenzhen Index, and the ChiNext Index, they are all in a small range of shocks that can be significantly attenuated by the time-sharing volume.

And in terms of the performance of market concept hot spots, following the outbreak of 'port shipping' driven by 'Yinkou Port', industry sectors such as 'port shipping, machinery and equipment, public transportation, and high-speed rail' have begun to occupy a leading position in the market.

The previous 'building decoration, building materials, real estate development, steel' and other large infrastructure core industry sectors, as well as the 'national defense and military industry' industry sector, have gradually withdrawn from the market leading position, and the corresponding industry sector index, after the pullback from the intraday high, has also fallen into a small range of sideways shocks.

As for the concept plate and the performance of the concept theme.

In the previous fields of 'infrastructure' and 'military industry', a number of core concept plates and conceptual themes that performed strongly also withdrew from the leading position at this moment, while the corresponding plates of the conceptual themes such as the 'Eurasian Economic Belt', 'Reform and Reorganization of Central Enterprises and State-owned Enterprises', and 'On the Road of the New Era and the Maritime Silk Road' have squeezed up and become the conceptual plates led by the two cities.

"Boss, look at the trend of the market, the core weight plates of the two main lines of 'infrastructure' and 'military industry', whether it is the amount of funds to undertake, or the trend of the sector index and the corresponding stock price of individual stocks, are obviously ebbing!" At 11:15 a.m., Yu Hang, Yu Hang Investment Company, in the main fund trading room, Wang Can carefully observed the market, and reported to Su Yu in the last 15 minutes before the market closed at noon, "Does this mean that the two main lines of 'infrastructure' and 'military industry' are going to be adjusted again after the lack of upward offensive?" ”

Su Yu responded with a smile: "It is not an adjustment, but the further deepening and logical expansion of the main line market, the entire 'infrastructure' and 'military industry' main line field, strong stocks maintain strong shocks, and weak stocks through in-depth expected logical expansion, improve valuation to catch up with strong stocks, which is a good thing for us." ”

"After all......"

Su Yu paused and continued: "Some expectations are flawed in logic, or the valuation of weak stocks with less solid fundamentals has increased, and there is also a certain stimulus and promotion effect on the future expectations of strong stocks, which will strengthen the further upside of strong stocks after short-term shock adjustment and short-term profit chips." ”

"At the same time, the further divergence and expansion of the two main lines of logic of 'infrastructure' and 'military industry'."

"It will also further expand the money-making effect of the market, so that the basic expectation logic of these two main lines will be further strengthened and deepened in the hearts of investors."

"And when investors have a stronger sense of identity with the main line logic."

"Then I am not afraid that there will be no incremental funds to lift the sedan chair in the future, and continue to stimulate the two main lines of the market to continue to break through."

"All in all, the market can rely on the underlying investment logic of the two main lines of 'military industry' and 'infrastructure', dig deep into the hype direction of other related theme concepts, and include more sectors and individual stocks into the scope of the speculation logic of the two main lines of 'infrastructure' and 'military industry', which is what we hope to see."

"At this time, you don't have to do anything."

After analyzing the current market trend, Su Yu glanced around at the traders in the trading room and emphasized: "You only need to hold a static position and wait patiently, this is the high and low switch within the main line plate, and it is also from the core sector of 'infrastructure' and 'military industry'. ”

"Let these active capital groups dig out all the themes that the market can do, and further deepen and expand the market's money-making effect, and then, after the logic of the theme is clear, after the corresponding hot stocks in these emerging market hot areas temporarily fill in the expectations."

"The final destination of these capital groups will still return to the core sectors of 'infrastructure' and 'military industry' to make concentrated breakthroughs."

"After all, the current hype logic followed by the entire market has not been separated from the two core logics of 'large infrastructure recovery' and 'military asset securitization'."

"Hmm!" A group of traders in the trading room responded.

Subsequently, on the premise of maintaining the overall volatile trend of the market, the short-term speculation and the money-making effect of the market heated up again before the close of the market at noon.

Finally, at 11:30 a.m., the time of the midday closing.

The Shanghai index was fixed at 2395.79 points, which was basically unchanged from the opening, while the Shenzhen Index and the ChiNext Index remained in a slightly declining pattern, and from the overall trend, it was also a pattern trend of small shocks.

(End of chapter)