At the time when the main fund products of the 'Anzhao system' closed the subscription channel for fund shares and closed the whole line.

Other private equity institutions, public institutions and other groups in the domestic asset management industry are engaged in large-scale advertising of fund products, investing heavily in them, and have begun to further exaggerate the money-making effect of the market, so as to attract over-the-counter investors and potential basic people to subscribe for funds or enter the market.

At the same time, when the community is publicizing and further inducing the market.

A group of analysts from brokerage institutions, financial influencers, and well-known stock commentators in the market have also begun to be more bullish on the market and continue to stimulate the market's bullish sentiment.

On the other hand, the regulator is more or less cooperating with the market on the news side.

And under the combined effect of changes in these market factors......

After breaking through 2,500 points, the Shanghai Composite Index walked out of the trend of six consecutive yangs in one fell swoop, and directly refreshed the rebound high, as well as the annual high, to 2650 points above, and then began to take a slight break, sideways shock digestion of profit and this stage of the liberation of the hedging chips.

And in the index out of the six consecutive yang.

The turnover of the two cities, in general, continues to remain around 280 billion to 300 billion, maintaining an active trend.

Moreover, at this stage, the financing balance of the two cities also rose for six consecutive years, approaching the 750 billion mark, and also reached the active line.

"The Shanghai index has been six consecutive yangs!"

Seeing that the intraday Shanghai Index once again refreshed the rebound high and the annual high, on August 15, at more than 2 o'clock in the afternoon, Yu Hang, 'Minghui Capital' company, in the main fund trading room, He Hong stared at the disk, quite emotional: "I haven't seen the index break through so vigorously for a long time, and now, ...... The index has come to this situation, and the big box that has constrained the market for two or three years from 2000 to 2500 points can be regarded as a complete breakthrough, right? ”

"Hmm!" Xu Zhongji, who was standing beside He Hong, pondered for a moment and responded with a smile, "It should be regarded as a complete breakthrough, but after this wave of six consecutive rises in the index, in a short period of time, I am afraid that it will be necessary to rest again." ”

He Hong nodded and said: "Agreed, but according to the average performance of the current market volume, even if the index is resting here, I am afraid that it will not be adjusted deeply, and it will not step back to the 2500 point position, right?" And...... In the market, the two main lines of the two major industries of 'infrastructure' and 'military industry', as well as the main line of the concept of 'reform and reorganization of central and state-owned enterprises', 'Eurasian Economic Belt', and 'the road to the sea in the new era', are really strong in a number of related industry sectors and concept plates. ”

"The market's expectations and funds are basically gathered in these main directions." Xu Zhongji said, "In addition, the weight of the holdings of several major funds of the 'Yuhang Department' is also in this direction, and expectations, sentiment, news, and macro policies are ...... and other factors, can the trend not be strong?

But......

I feel that the main lines of the two major industries of 'infrastructure' and 'military industry', as well as the main lines of the concepts of 'reform and reorganization of central and state-owned enterprises', 'Asia-Europe Economic Belt', and 'the road to the sea in the new era', although the current trend is still very strong, and under the effect of a steady stream of incremental funds, it is still continuing to siphon market funds and hit new highs one after another.

However, the space for its 'expectation difference' is obviously getting smaller and smaller.

At the same time, the profit chips accumulated internally are also getting heavier and heavier.

For investors who continue to chase positions at a high level at this stage, the cost performance is no longer high.

Of course, thanks to the continuous increase in the market that exceeds expectations, as well as the continued optimism of the 'Yuhang system', as well as the funds in other main line areas in the field, under the guidance of the continuous excess of the expected money-making effect in these main line areas, the result of continuous concentration on these main lines convergence.

For the time being, there will be no risks in these core market investment lines.

But it is impossible for a tree to rise to the sky.

When these main lines of the market go up, more and more funds are needed to undertake more and more funds, exceeding the capacity of incremental funds in the market, then the turning point of the market will most likely come.

Now, I'm worried that the Shanghai Composite Index is highly bound by these main lines.

Once these major main lines, this wave will exhaust the hype and fall into adjustment, then ...... It is inevitable that the overall trend of the market will also be greatly affected. ”

He Hong heard Xu Zhongji's analysis, thought for a while, and said: "Mr. Xu, I think that after the market continues to introduce over-the-counter incremental funds, and continues to maintain 280 billion, and above this amount can be performed, there are so many active funds in the market, the market will not be so fragile."

Moreover, I don't know if Mr. Xu has found it.

Nowadays, the two main lines of the two major industries of "infrastructure" and "military industry", as well as the main lines of the concept of "reform and reorganization of central and state-owned enterprises", "Eurasian Economic Belt", and "the road to the sea in the new era", although they are still the strongest core main lines in the market, many active funds have been relying on the core logic of these main lines to tap other main lines that can carry the market situation and form a switching investment main line with these main lines.

For example, 'big finance' and 'big consumption' have also been quite strong recently.

In particular, in the field of 'big finance', whether it is banking, securities, insurance in the traditional financial field, or the 'Internet finance' sector in which the 'Yuhang system' fund has a position, the current trend is significantly stronger than the broader market, and there is a trend of getting out of the bottom of the adjustment.

If the market is in the field of 'big finance', it can form a new consensus expectation.

Then, the line of 'big finance' can form a main line rotation with the two main lines of 'infrastructure' and 'military industry' to continue to support the upward trend of the market.

And......

In the current market, with the continuous rebound of the index and the further deepening of the related main market.

In fact, everyone's expectations in the overall market trend are getting stronger and stronger, and Mr. Xu doesn't see the entire market, and the call for a 'bull market' is getting stronger and stronger?

And as long as the call and expectation of a 'bull market' intensifies.

Then, the expectation of the line of 'big finance' will continue to increase, and it will naturally attract more funds to converge on this main line.

At the same time, due to the entire 'big finance' field, except for the 'interconnected finance' sector, in the first two years of the market trend, the valuation has been compressed to the limit, which has led to the valuation of this field is significantly lower than the market average water level, which shows that this field, in the case of the market's 'bull market' expectations are getting stronger and stronger, there is a valuation underpinning, and there is unlimited room for imagination.

And the whole main line of 'big finance'.

It can also be combined with the main themes of the "Eurasian Economic Belt", "On the Road of the New Era, the Maritime Silk Road", and "The Reform and Reorganization of Central Enterprises and State-owned Enterprises", after all, 90% of the stocks in the field of "big finance" are controlled by state-owned assets, and they also have restructuring expectations.

As long as the two can be combined, and the overall 'bull market' expectations in the market are increasing.

Then I think there is no need to be pessimistic about the subsequent development of the market. ”

After listening to He Hong's analysis of the market, Xu Zhongji pondered for a moment, but he also agreed with it in his heart, and said with a smile: "Listening to what you say, there is a certain amount of truth." ”

"Even, I'm thinking about ......" He Hong paused for a while, and then said, "Didn't I hear that the 'Yuhang Investment' company plans to issue a new main fund product?" At present, they have a heavy position in the main lines of the two major industries of 'infrastructure' and 'military industry', as well as the main lines of 'reform and reorganization of central and state-owned enterprises', 'Eurasian Economic Belt', and 'On the Road to the New Era and the Road to the Sea'.

If they find new fund products, they should no longer have a heavy position in the two main industries of 'infrastructure' and 'military industry', as well as the main themes of 'reform and reorganization of central and state-owned enterprises', 'Eurasian Economic Belt', 'On the road to the new era and on the road to the sea', right?

Even we can see that these main lines are currently a feast for shareholders, rather than a good time to continue chasing and building positions.

In this way, the main areas of the new funds they issue and the main areas to be invested should inevitably be in other directions.

In the entire market, the main line that can carry tens of billions of huge funds and has certain future expectations should be the only main line of 'big finance', right? ”

"Hey, that's what you say...... It's a possibility! Xu Zhongji was surprised, "Then it seems that the line of 'big finance' is indeed worth noting." ”

He Hong nodded, and said: "Mr. Xu, since the Shanghai Index broke through 2,500 points, in the past few trading days, the list of funds newly declared by the industry to the regulator has skyrocketed, and I feel that the investment trend of the entire market has indeed changed completely."

Perhaps, this round, the 'bull market' that many people in the market call will really come.

At this time, is it necessary for us to invest in publicity for our main fund products to seize the high-net-worth customer groups who are interested in investing in the over-the-counter market? Is it also necessary to quickly apply for new funds and quickly expand the asset management scale of our institutions at this critical juncture?

The so-called food in the hand is not panicked.

At present, the main positions of our institution are also in the main lines of the two major industries of 'infrastructure' and 'military industry', as well as the main lines of the concepts of 'reform and reorganization of central and state-owned enterprises', 'Eurasian Economic Belt', 'On the Road to the New Era and on the Road to the Sea', and in the case that the market of these major main lines has not been completed.

We are also unable to withdraw funds and deploy the current 'big finance' with high profit and loss cost performance.

And, in case the bull market really comes......

We don't have enough funds in our hands to compete for chips, and we can only be anxious when we look at the market to continue to break through rapidly!

So, I don't think it matters if this 'bull market' can come true or not.

At this time, it is still necessary to prepare in advance, issue new fund products, and prepare a part of the funds in case of greater investment opportunities in the market. ”

"If you have food in your hands, you won't panic in your heart, this makes sense!" Xu Zhongji bowed slightly, and responded, "For those of us asset management managers who rely on market transactions to eat, capital is indeed the food we need, and only by keeping funds in hand at all times can we accurately layout when the opportunity comes, so as not to sigh."

Okay, that's a great idea.

After the market closes today, I will discuss with Mr. Liao to formulate a follow-up fund operation strategy, and also prepare the 'food' in our hands. ”

He hadn't thought about the main capital of the 'Yuhang Department' before.

At this time, the acquisition of the wholly-owned acquisition of the company 'Anzhao Fund', as well as the specific motives and purposes of the proposed issuance of a new fund.

Now, after He Hong's reminder, he thought about it carefully, and suddenly found that the institution of 'Yuhang Investment', especially the Mr. Su of the 'Yuhang Department', although he did not publicly say a word to the market, but a series of actions are enough to show that the other party is firmly optimistic about the market outlook, and also believes that the market's 'bull market' is expected to be stronger and stronger, and it is very likely to form a 'big bull market' trend.

At the same time, the other party is very probable and is also optimistic about the main investment line of 'big finance'.

That being the case......

Then he has to speed up his pace, prepare funds, get ahead of the other party, and carry out a large-scale layout.

In other words, once again, with the "Yu Hang Department" of the Su general manager, following the "infrastructure", "military" two major industry lines, as well as "the reform and reorganization of central enterprises and state-owned enterprises", "Eurasian Economic Belt", "the new era on the road, the sea road" after the main line of the concept, and then create the core main line of "big finance", in order to drive the market towards a comprehensive bull market, and at the same time further grab the market excess profits.

"Good!" He Hong nodded in response.

Seeing that Xu Zhongji completely accepted his suggestion, he was still very happy in his heart.

And as the two discussed the market and the development of the company......

The market trading hours have been fixed at 3 o'clock in the afternoon.

I saw that the Shanghai Composite Index closed up again, fixed at 2558.49 points, up 0.65%, the Shenzhen Index and the ChiNext Index also closed in the red, and in the case of the index closing up in the whole way, the two main lines of the two major industries of "infrastructure" and "military industry", as well as the main line of the concept of "reform and reorganization of central enterprises and state-owned enterprises", "Eurasian Economic Belt", "on the road to the new era and on the road to the sea", are still the most solid core main lines of the market, gathering a large number of active capital groups in the market.

After the market closed, it was faced with the trend of six consecutive positives in the index.

Inside and outside the market, the vast number of investor groups are surging and excited.

Also after the market on this day, the approval documents submitted by the 'Yuhang Investment' company to the regulator for the establishment of the 'Yuhang No. 4' fund product have been quickly approved by the regulator, and the 'Yuhang No. 4' fund product that has been approved has also become the industry's first super-large private equity fund product with a non-public fundraising of 30 billion yuan.

Hear the news that the 'Yuhang No. 4' fund has been approved.

The entire domestic financial community, and even other high-net-worth individuals from all walks of life, as long as they are interested in investment, have begun to collect cash at this moment, and through personal connections, they have contacted the fund operation department personnel within 'Yuhang Investment' for the first time, and want to book the shares of the 'Yuhang No. 4' fund in advance.

(End of chapter)