As the market trading hours go by.

In the afternoon market performance, the two main lines of "infrastructure" and "military industry", as well as the "Eurasian Economic Belt", "New Era Road, Maritime Silk Road", and "Reform and Reorganization of Central Enterprises and State-owned Enterprises" have once again become the core hot main line of the market focusing on popularity, sentiment and main funds, and have also become the main line of the market with the strongest money-making effect.

"Sure enough, in the financial trading market, the principle of the strong is always strong, when is it, it is universal!"

At about 1:30 p.m., in the trading room of the main fund of the Shenzhen market, Xinniu Fund Company, Mu Zhengxing, who has been promoted to fund manager, stared at the changes in the two markets and sighed: "I feel that the active capital flow of the entire market has been completely siphoned by the two main investment lines of 'infrastructure' and 'military industry', as well as the concepts and industry sectors related to the core concepts and themes of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises'."

The active capital flow of the entire market is completely concentrated in these core main lines.

As a result, although the trading volume of the market is rising, the other main investment lines of the market are completely in the process of continuous blood loss, and there is no continuous market and money-making effect at all, and it cannot gather popularity and emotions at all. ”

Behind Mu Zhengxing, Fang Xinsheng, who was also observing the changes in the market, responded with a smile: "This is the power of market consensus expectations!" ”

"However, the sentiment has come to this point, and I feel that the market of the core main lines of the market should peak in the short and medium term, right?" Mu Zhengxing thought for a while and continued, "After all, even if the mood and expectations can develop again, with the continuous rise of the stock price, the space for the difference in expectations will become smaller and smaller. ”

Fang Xinsheng bowed slightly, and responded: "Indeed, at this stage, it can be regarded as a feast for shareholders. ”

"Our company's 'Manniu No. 2' fund product has been fundraised and has entered the stage of closed operation." Mu Zhengxing asked, "Mr. Fang thinks...... At this time, where should we start to open a position? ”

Although he has been promoted to become the fund manager of the 'Wild Bull No. 2' fund.

However, the position of the company's two main fund products, the first fund manager, is still Fang Xinsheng.

That is, the two main fund products, in essence, in the macro investment strategy decision-making, as well as trading operations, the main ...... Fang Xinsheng is still deciding, and his main job is to assist Fang Xinsheng, manage the trading team, and implement the relevant investment strategies formulated by Fang Xinsheng.

Fang Xinsheng thought for a moment and asked rhetorically, "What do you think?" ”

Mu Zhengxing pondered for a moment and responded: "The two main lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt', 'On the Road of the New Era, the Maritime Silk Road', 'The Reform and Reorganization of Central Enterprises and State-owned Enterprises' and other conceptual themes related to high-level concept plates and their popular concept stocks are definitely not in line with the current goal of building positions." ”

At this time, several major markets are hot main lines.

Although the sentiment is expected to be very hot, the stock price has been in the main upward phase of strong fulfillment of expectations.

Such a stage...... The stock price fluctuated dramatically.

As Fang Xinsheng just said, this is just a feast for stockholders, not a feast for investors who are chasing high and buying at the moment.

After all, no one knows how much room for upward movement is there in this atmosphere of hot emotional expectations. How far will the stock price go? In the end, when will the huge profit-taking funds gathered in the market be sold on a large scale and take profits, thus forming a huge amount of pressure on the market?

So, at this time, big money intervenes.

There is a high probability that in the subsequent market development, the profit will not be eaten, but will have to bear the risk of huge drawdown adjustment.

Moreover, in the relatively high position of this kind of intense emotion, the amplitude of the stock price adjustment is quite terrifying, and sometimes even if you buy the right stock, you can't withstand the drawdown adjustment.

So, take these factors into account.

As soon as Mu Zhengxing opened his position, he ruled out the idea of continuing to chase the core main lines of high and increasing positions when the new fund was building.

"I think today's changes in the 'securities' sector are actually quite noteworthy." After ruling out the idea of continuing to chase several core hot main lines in the market, Mu Zhengxing smiled and continued, "Didn't Mr. Fang also say that the market's 'bull market expectations' are constantly increasing?

Since the expectation of a bull market in the market is constantly increasing, the expectation of the line of 'big finance' will naturally continue to increase.

Today, although the securities sector fell back quickly in early trading.

However, according to the direction of the main capital flow within its sector, it can also be seen that this sector has major funds that continue to intervene in building positions today.

It's just that in the market, the majority of investors have deep complaints about 'big finance'.

There are also "infrastructure", "military industry" these popular investment lines in the market, the active capital groups in the entire market are too ruthless, resulting in the market simply not so many active capital groups to pay attention to and pull the securities sector, and there is no way to make this sector under the surge of funds, forming a joint force, and finally moving towards the situation of shock and fall.

But, anyway.

This cannot deny that the line of 'big finance' has a certain investment value and future expectation logic.

Moreover, it is foreseeable that as long as the current hot sentiment and expectations of these hot main lines decline slightly, and at the same time, as the stock prices of the corresponding core stocks of these popular main lines continue to soar, the expected difference will become smaller and smaller, and it will become less and less cost-effective for investment and speculation.

Then a large number of profitable capital groups have poured out of these popular main lines.

It will definitely look for a new main line of market investment, make a market, continue to leverage the market trend style, attract emotions, and finally grab market profits.

And according to my analysis and guesses.

The line of 'big finance' should be the sector that can best undertake and replace the hot main lines of the current market.

So, I feel like we're ...... Is it possible to lay out in the direction of 'big finance' and take some of the core high-quality chips first?

Of course, in the current market, when several popular core main lines have not yet reached the recession of sentiment and expectations, the large-scale profit-taking withdrawal of huge profits in the market, the expected difference is getting smaller and smaller, and the speculation and investment value are becoming less and less cost-effective, the line of 'big finance' must have no market performance.

After all, the volume of this line is too large, and it is basically comparable to the volume of the line of 'large infrastructure'.

Such a large mainline volume structure.

In the current market, several core hot main lines, not fully release the funds out of the situation, inside and outside the market, there should be no other funds to pull the disk of this line, so even if we are now layout, it is estimated that we have to wait for the wind to come slowly, or when it falls to this field, there will be a better position profit cash.

However, the fund product of 'Manniu No. 2' is only closed for operation.

According to the rules for investors to invest in our fund products, even if our short-term profit performance is not good, the net asset value will be drawn, and it is estimated that there is no big problem. ”

"The main line of investment is 'big finance'." Hearing Mu Zhengxing's analysis, Fang Xinsheng chuckled and said, "It's really good, but it's just to buy some, I'm afraid I have to wait a little longer." ”

The amount of funds raised by 'Manniu No. 2' is not large in the case of being siphoned by the 'Yuhang No. 4' fund product to over-the-counter high-net-worth customers, and the market volume of 'big finance' is huge, and if the market wants to reverse, it needs an extremely large amount of active funds to promote.

At present, most of the active funds in the market are still concentrated in the main line direction of 'big infrastructure'.

And according to Fang Xinsheng's judgment.

This market trend around the 'big infrastructure' will obviously continue for a while.

In this way, at this time, there is no need for them to intervene in the line of 'big finance' in advance to withstand the weak shock of this line.

When Mu Zhengxing heard Fang Xinsheng's words, he hesitated for a moment and asked, "What does Mr. Fang mean...... It is more appropriate for us to keep the 'Manniu No. 2' fund short and continue to wait for the emergence of buying points? ”

Fang Xinsheng bowed slightly, and said: "Yes, be patient, wait for a more suitable buying point, usually when the main line of the market is switched, it will be accompanied by relatively large market fluctuations, and when the time comes, ...... There should be a more suitable buying point than it is now. ”

"Okay!" Mu Zhengxing thought about it and nodded.

As long as Fang Xinsheng agrees with his analytical logic and mainline investment views, then ...... Wait a little longer, and wait for a more suitable market buying point to appear, he thinks it's okay.

And when the two of them conducted in-depth analysis and discussion on the market situation.

Almost at the same time.

Such as 'E Fund, Huarui, Pingyin Asset Management, ......' and other major institutions of public funds.

In particular, the huge profits that have been missed by the outbreak of the main line of the market before, or the main institutions that have obviously insufficient positions in the current position.

How to deal with the action at the moment.

It is completely different from the 'Yuhang, Zexi, Xinniu...... which are smarter active main capital groups in the market.

Among them, Pingyin Asset Management Center, the main fund trading room.

Liu Ziliang, general manager of the fund asset management business, sees that the main investment lines of the two major industries of 'infrastructure' and 'military industry', as well as the market trends of the concept plates and industry sectors related to the main lines of the main concepts 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', have fully entered the climax stage of emotions and expectations, forming a strong upward trend of the entire active capital group in the siphon market.

In order to recover the main funds, there were huge drawdowns and operational mistakes in the main line of investment in 'technology growth'.

Furthermore, we began to urge the product managers of the main funds to use the new funds subscribed by the over-the-counter basic people to continue to increase their positions in these core and main line stocks on a large scale at this stage, in order to maximize the market profits of these core and popular main line main line in the main stage.

"Mr. Liu, our practice of continuing to increase our positions at a high level will quickly raise our holding costs, resulting in an instant reduction in the degree of freedom of our operation when the amplitude of these popular core main lines increases." Fund manager Chen Shen reminded, "I think it's better to try to control the position, or to place the remaining positions in other relatively stagflationary mainline sectors?" ”

Liu Ziliang said with a smile: "Manager Chen, from the perspective of trading, the strategy you proposed is correct, but if you look at the current situation of the asset management industry and the demands of investors inside and outside the market, it may not be right." ”

"This ...... How so? Chen Shen asked with some confusion.

Liu Ziliang patted him lightly on the shoulder and replied: "Thanks to the hot market trend of continuous breakthroughs in the market in the recent quarter, as well as the main lines of investment in the two major industries of 'infrastructure' and 'military industry', as well as the countless hype, investment opportunities and extremely hot continuous money-making effects derived from the main lines of the 'Eurasian Economic Belt', 'On the Road to the New Era, the Maritime Silk Road', and the 'Reform and Reorganization of Central Enterprises and State-owned Enterprises'."

The current entire domestic fund industry.

The enthusiasm of the people for purchasing continues to rise.

At this time, whoever has a fund product with a fast net profit increase will be able to siphon the funds of the people.

Just look at the subscription boom of the 'Yuhang No. 4' fund.

Compared with the publicity effect, when everyone's ability to compete for the publicity effect is similar, the short- and medium-term net profit performance has become the most important indicator for the people to choose fund products.

This is a rare subscription boom for the entire industry to pick up quickly!

At this time, if we do not grasp this opportunity and attract as many over-the-counter investors as possible to these fund products we manage, then we will be instantly surpassed by other similar competitors in terms of asset management scale, and even distance ourselves.

So, in order to maintain a high level of competitiveness at this time.

On the premise of fully increasing the net profit value of the fund, we have to sacrifice some of the risk control restrictions on trading.

Of course, in fact, according to the current market sentiment and expected changes, there is no big problem in choosing a relatively aggressive position and trading strategy.

At present, our institution is in the two main lines of the two major industries of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central Enterprises and State-owned Enterprises'.

Moreover, we are increasing our positions in large quantities.

However, with the crazy subscription behavior of the over-the-counter people, more and more funds have flowed into our fund products.

In fact, the more we increase our position, the more fundamental the overall position of our fund will not change.

And also......

Talking about the changes in the main line of the current market, as well as the future expectations of the main investment lines and the ability to guide the market.

At present, the two main lines of "infrastructure" and "military industry", as well as the main lines of "Eurasian Economic Belt", "New Era Road, Maritime Silk Road", and "Reform and Reorganization of Central Enterprises and State-owned Enterprises", are still the strongest hype main lines in the market.

Isn't there a saying that goes?

The best defense is offense.

At this time, we should do our best to create profit margins, make every effort to increase the net asset value of our institution's main fund products, and increase the volume and scale, which is the most important thing for the development of our institution! ”

When Chen Shen heard Liu Ziliang's words, he was obviously stunned for a while, but he had to admit that the scale of public funds is indeed more important than performance and transaction risk.

At this time, countless large institutions in the industry.

It's all about issuing new products, or frantically pushing the main fund products to attract over-the-counter people to subscribe.

Under such competitive pressure, there is no reason why they should not do it.

"Okay, Mr. Liu, I understand." After a moment of silence, Chen Shen nodded and stopped talking.

Liu Ziliang saw that Chen Shen could see the overall direction and know what was light and what was heavy, so he couldn't help but smile and bow, continued to pat him on the shoulder, and left the main fund trading room.

And with his departure.

The market begins to enter the late trading phase after 2 p.m.

At this time, the volume of the explosion rose again, and the signs of large capital inflows became more and more obvious, and the momentum was like a rainbow, siphoning the active capital group of the entire market, and continuing to break through the main line of "infrastructure" and "military industry", as well as hundreds of thousands of concept stocks in the main line of "Eurasian Economic Belt", "New Era Road, Maritime Silk Road", and "Reform and Reorganization of Central Enterprises and State-owned Enterprises".

The corresponding marginal concept stocks are obviously under greater pressure at the moment.

On the disk, the selling of large orders has increased significantly! (End of chapter)