Chapter 281 The anticipated rebound!
I saw the refreshed dragon and tiger list.
Fortune Road is on the selling list of five stocks: Oriental Securities, Oriental Venture Capital, Zijiang Enterprise, Fudan Fuhua, and Tuozhong Shares, and has sold a total of more than 600 million yuan. Among them, the single check from Oriental Securities has sold The amount was as high as 280 million, accounting for half of the selling funds.
Moreover, in addition to Fortune Road’s large-scale appearance on the Dragon and Tiger List, the best-selling list.
Another seat related to Fortune Road, the ‘Huaxin Securities Yuhang Fusheng Road Sales Department’ is also on the list, with a selling potential of more than 31 million.
"Wealth Road is selling on a large scale again!"
Seeing the situation after the dragon and tiger list was refreshed, some people among the shocked retail investors in the market sighed.
"For Fortune Road's selling skills, it must be a large-scale liquidation. Hey... After Fortune Road appeared on the Dragon and Tiger List yesterday to sell its seats, it should be unconditionally liquidated today. It shouldn't take any chances. Now it's all in vain and it's losing money." It’s hit a limit, it’s really... we have to clear our positions tomorrow.”
“I’ve said it all, there’s absolutely nothing wrong with following Fortune Road to sell!”
"Fortunately, I took advantage of the market rebound in early trading and cleared all my positions. They say that Fortune Road is the beacon of the market, haha... it is indeed true."
"Yesterday it was 1.1 billion and today it is 600 million. How many chips are lurking on the line of 'securities and venture capital' on Wealth Road? This is only shown on the Dragon and Tiger list. Wealth Road sells, but it does not The chips that don’t appear on the dragon and tiger list should be at least twice as much as the chips that appear on the list, right? Oh my god… this is too scary!”
"It's really bullish. This wave of institutions and hot money that dominate the 'securities and venture capital' market has been directly smashed by the wealth road."
"Huatong Securities is not on the list. I don't know if Fortune Road is also the main seller. That stock is the heavy holding of the institution, and now it has been smashed."
"Wealth Road has continued to sell out positions on a large scale. The market for 'securities and venture capital' should be gone, right?"
"What else are you thinking about the market situation at this time? Just lighten up your position without thinking. In the past two days...how many chips have been invested? If you don't make a sharp adjustment, the market will not be able to rise again."
"Such a large-scale liquidation on Fortune Road clearly shows that the market adjustment will not be a small-scale one."
"The K-line pattern has also completely gone bad. We can go straight to 2200 points later."
"I don't think it will be a small-level adjustment. What's funny is that the analysts of the big brokerage institutions in the market are still singing long at this moment, saying that 'the bull market has fallen sharply, and all corrections are to increase positions. Good opportunity', his grandma's...why don't they buy it themselves?"
"Haha... what a bullshit analyst, the total sum is not enough to make us rich. Mr. Lu Su did it all by himself!"
"Indeed, it's all market reaction."
"It is better to follow Fortune Road closely to gain profit. Since August, I have been trading along Fortune Road, simply following the trend... I have nearly doubled my profit. Look at this situation... the market conditions in the last two months of the year have not been the same. It will be fine, it is better to clear the warehouse to ensure safety and fight again next year!"
"You're awesome, if you follow the trend, you can double your profit."
"Nothing surprising. I reviewed the buying and selling data on Fortune Road in the second half of this year, including 'Internet Finance', 'Shanghai Free Trade Zone', 'Mobile Internet', 'Smartphone Industry Chain', etc." From the various main line concept market trends to the current 'securities and venture capital' market trends, as long as you follow the trend in time and follow the path of wealth, you can make at least 150% profit, it's so awesome!"
"It really is a unique top hot money seat in the market!"
“Now it’s private equity seats.”
"No matter what the attributes of the seats on Fortune Road are, the directionality of its market lights is simply amazing!"
"Otherwise, why do you think this Fortune Road seat has such a high market premium rate? It is the seat with the strongest follow-up effect in the entire market. It is not a joke."
“With such a seat premium, I feel that Fortune Road can completely capture the market simply by using the seat premium.”
"Indeed, if Fortune Road just buys a stock, there is a high probability that it will be pulled to the daily limit by follow-up funds the next day. If Fortune Road takes the opportunity to ship at this time..."
"If you do this once or twice, the premium for seats will completely disappear. Mr. Su is crazy to do this!"
"Everyone follows Fortune Road because the buying and selling behavior of Fortune Road can often be one step ahead of the market, and everyone can make money by following the trend. If you can't make money by following the trend, people will naturally stop following. Fortune Road If you really randomly pull a stock and harvest it the next day, that's not stupid, but really completely crazy. After all... with the amount of funds that Wealth Road currently controls, first of all, you won't be able to reap much profit at all, and secondly, it's completely ruined. If you gain reputation for your seat, and then he pulls the strings, the effect of following the trend will be greatly reduced in an instant, which is totally outweighing the gains."
"I was wondering...why is the market rhythm of Fortune Road always so accurate?"
"This is the analytical ability of the elder! In short...it is trading talent."
"I really want to have such a talent!"
"It's okay to daydream, but we don't have this kind of talent. It doesn't matter. Just follow the trend. Wealth Road eats meat, and we follow the soup."
"Indeed, with Fortune Road's performance tenfold in three months, it is enough to just follow the soup."
"Every time I can earn 10% by following the Fortune Road, I will be satisfied."
"As long as you are not greedy, 10% should be no problem. The stocks bought by Fortune Road seem to be basically stocks with sustained market prices."
"Indeed, as long as you are not greedy... hell, I was greedy this time. When Fortune Road sold out stocks such as Huaqingbao, Changqu Technology, LeTV, and Internet Speed Technology on a large scale, it should have been sold out. Yes, but I just took a chance and waited until it was released today. I lost more than 20 points in vain, and I was so angry that I vomited blood!"
"As long as Fortune Road appears on the sell list, you have to be careful about that stock and related concept trends."
"Hey, learn your lesson, and you won't take chances next time."
In response to the refreshed data on the Dragon and Tiger Rankings, and in a series of discussions on 'Wealth Road', opinions were almost one-sided. After two consecutive days of market massacre, and seeing Wealth Road's billion-level reductions in positions at every turn, even if Analysts from various securities firms and financial media in the market are still bullish without thinking. The majority of retail investors in the market no longer dare to believe that the market can quickly recover the losses in the past two days.
Even the previous hot bull market atmosphere and passionate investment sentiment.
At this moment, it also completely cooled down.
Of course, many investors who have been chasing highs in the past two days and are buried on the top of the mountain, while depressed and anxious, still hope that the market can continue the previous trend and have a clear rebound, so that they can get out of the market.
At a time when retail investors are generally pessimistic and no longer have high expectations for the market outlook.
Public equity institutions in Yanjing, Shanghai, Shenzhen, Yuhang, Guangdong, Jinling, etc., as well as the self-operated investment departments of major securities companies, participate in or heavily invest in the main institutions lurking in the field of 'securities and venture capital' , the relevant core traders and fund managers, faced with such a dragon and tiger list and another large-scale exit of Fortune Road, were shocked, but also extremely depressed and angry.
"What the hell, how many chips does this guy have yet to sell? It's obvious that no one can get out of the market like this. This is crazy." Inside Yanjing and Shenhua Fund, fund manager Chang Li was absolutely furious. "Just because of his seat, the liquidity of the entire market has been completely destroyed."
The main fund he manages, Orient Securities, has nearly 600 million in chips.
Originally, he thought that in this wave, even if he could not make double profits, he would at least be able to escape unscathed. But looking at the current situation... Oriental Securities has become the main force in wealth road. The main funds in the market, including retail investors The position holders, including the group, will only be affected by this and surge out. The liquidity and acceptance of the market will only be further lacking in the future. It is no longer possible for him to escape unscathed!
More seriously……
Such continuous market crashes on Fortune Road are also a heavy blow to the overall market sentiment.
In addition to Fortune Road's large-scale and continuous reduction of positions, other related concept stocks will also be greatly affected.
"Hey... we are not as good as the other in terms of selling points, and we can't blame others." Lin Zhaoye, director of the fund management office next to Chang Li, said, "I just didn't expect that the road to wealth lies in the line of 'securities and venture capital' , there is such a huge amount of chips lurking.”
Originally, they wanted to use the influence of seats on Fortune Road to carry the sedan chair for themselves.
did not expect……
In the end, he was harvested by the other party.
Now, Oriental Securities, as well as the entire securities sector, has retraced at least 10% of its gains from the high point. They don’t have much profit cushion for this round. If the market continues to fall, it will really be a steal. If you lose a lot of rice, your work will be completely in vain.
"I really don't know how this guy managed to lurk such a huge amount of chips." Chang Li was filled with hatred for the way to get rich in the market at this moment, "It's so insidious. All the people on the Dragon and Tiger List before were... His actions are all just a cover, this guy has laid out the plan early and is waiting for everyone to get in."
Lin Zhaoye nodded slightly and responded: "Yes! In this round of market conditions, institutions, hot money, retail investors... are all the targets of this money."
"I've been wondering why this channel of funds interprets market information so quickly?" Chang Li had some doubts in his heart, paused, and then said, "Old Lin, do you think this channel of funds is suspected of insider trading? Should we report it to the Transaction Supervision Department of the regulatory agency?”
"Can you explain that people came here because of the news about the IPO restart of the market?" Lin Zhaoye frowned at Chang Yili's proposal and said, "As for market news, what our agency has received is first-hand information. No institution will be faster than us, so... the capital layout of Wealth Road, lurking 'securities, venture capital', the initial purpose... is definitely not for the news of 'market IPO restart', which is a huge The probability is that it judged that the market already had a bull market sentiment, so it deployed this area in advance.”
"As for the subsequent large-scale reduction of positions in this channel of funds..."
“I think this was the reaction of the other party after they heard the news of ‘market IPO restart’.”
"and……"
Lin Zhaoye paused and continued: "You still remember the layout of the Fortune Road funds in the 'Shanghai Free Trade Zone' not long ago, right?"
"At that time, many people in the market also suspected that he was insider trading."
"Many people also reported it to the Transaction Supervision Department of the China Securities Regulatory Commission, but the result... you have also seen."
"People made a comprehensive layout as early as when the macro plan of the 'Shanghai Free Trade Zone' was still under high-level deliberation. Later, according to internal information from Huashang Securities, the reason why this fund was deployed on a large scale in the 'Shanghai Free Trade Zone' ', because in the first half of the year, senior leaders inspected the Waigaoqiao area of Shanghai and proposed the idea of a free trade zone, but no one paid attention at the time."
"This time..."
"Even if it is reported to the transaction supervision department, I'm afraid the result will be similar!"
"Also..." Lin Zhaoye thought for a while and stared at Chang Youli seriously, "Old Chang, although the financial trading market does not limit the means, everything only focuses on profit results, but this kind of reporting to peer institutions should be avoided as much as possible. If we do this, if we really pursue the case... everyone will be affected to some extent."
Does the so-called founder of the figurines have no descendants?
This is not the first time that their organization has taken advantage of information channels and profited from the information scissor gap.
They can report others, and others can report them.
"I'm just...just talking." Chang Li coughed slightly and covered it up.
In fact, he was just suspicious, not sure, of course... more importantly, he wanted to find an excuse for himself, and did not want to admit that he was inferior to the other party in terms of trading timing and market analysis.
same……
This situation is happening in many organizations at this moment.
After all, this time, everyone was really blocked by the wealth road, and almost all the profits that they had worked hard to build momentum and pull the market were robbed by the wealth road.
Of course, compare with the institutions and hot money groups that were confused by Su Yu.
There is an interest relationship with Su Yu, and many investors who invested in the 'Yuhang No. 1' and 'Yuhang No. 2' funds are full of joy and pride at this moment.
"Damn it, Mr. Su is really awesome. This round of harvesting is so beautiful."
Among fund investors, Mr. Qian, who has always been active, began to tout him continuously after the Dragon and Tiger list was refreshed.
"I feel that the amount of funds that Mr. Su has intervened in this wave should be more than 4 billion, right? The 'Yuhang No. 2' fund must have been used, right?"
"It must have moved, and... it is estimated to have made a lot of profit."
"That will definitely make a lot of profits. When the net values of the two funds are announced next time, they will definitely reach a new high."
"I estimate that by the end of the year, the net value of the 'Yuhang No. 1' fund will be at least 12, right? I just don't know if the No. 2 fund can have 20%."
"Whatever, it will definitely be a big profit anyway."
"Indeed, there is no investment that is more worry-free and more profitable than holding a fund managed by Mr. Su."
"Hey, it's Fund No. 2. The investment limit is only 10 million. It's a pity. Now... I can only hope that Mr. Su can issue a third fund with no limit as soon as possible."
"It's true. I can't vote as much as I want."
"Those who invest in Fund No. 1 are the ones who enjoy it, right? It's a pity... if you miss the opportunity, you won't come back again."
"Yes, if we could go back in time and fund No. 1 had an investment quota of 400 million, I would just borrow money and invest by myself."
"Yes! Business has not been doing well recently, and I have lost a lot. Now... I am counting on Mr. Su's fund to restore my health as soon as possible."
"I'm counting on it too."
"If Mr. Zhou is short of money, you might as well transfer the fund shares to me. I will pay a 25% premium."
"It's impossible to sell it. Even if it's a 50% premium, I won't sell it. Mr. Su is in charge. This is a cornucopia of money. It's a steady stream of money. Who would be stupid to sell it."
"That's right...if anyone in the group is short of money and wants to transfer their shares during the closed period of the fund, I will pay a 30% premium to acquire it. I just want to prepare a copy for my daughter so that she can live with her when she grows up. It’s more than enough.”
"How about this, start raising prices to grab share in the group?"
"Everyone wants good things, that's normal! I always be the first to eat something if I don't care about the money. I've been so excited lately, I'm afraid no one will know about it."
"Old money should be punished and let him trade stocks by himself. He is afraid that he will not be able to double his performance in his lifetime. But now... he just lies down and does nothing. With an investment of 20 to 30 million, he can make five or six profits in half a year. Double the profit, if you ask me... I will have to do it!"
"Indeed, seeing Mr. Su's seat appear on the Dragon and Tiger List makes me even more excited than my own seat appearing on the Dragon and Tiger List."
"same……"
"After subscribing for Mr. Su's fund, I almost forgot that I was also a hot money person in the market."
"But fortunately, I subscribed to Mr. Su's fund and I speculated on it myself. The recent returns have been really crappy and can't keep up with the market rhythm at all."
"Looking at the Dragon and Tiger List of Orient Securities, we can see that several of the institutions we entered the day before were smashed."
"Mr. Su did a good job. As the main fund of the institution, he actually imitated our hot money and harvested market concepts. He really deserved to be smashed."
"But this time, Mr. Su is afraid that he will cause displeasure to many major organizations."
"If you hate it, just hate it. We're all not from the same place."
As time goes by, the news in the investment group continues to be refreshed, everyone's enthusiasm continues to be high, and they are more and more impressed by Su Yu's trading methods.
And during the same time period...
Market news also comes one after another.
First of all, the two main lines of 'mobile Internet' and 'smartphone industry chain' have recently suffered a series of sharp declines. Many related popular stocks have successively released third-quarter reports, and their performance generally exceeded market expectations. Among them...especially The performance growth of several stocks in the 'wearable device' sector in the third quarter was more than 150% year-on-year. Even in the second quarter, the growth rate was more than 20%.
For a while...
The market has taken a high look at this sector, as well as the two main lines of 'mobile Internet' and 'smartphone industry chain'.
Secondly, the leading brokerage firm in the securities sector also released its third quarter performance report. The increase in net profit and economic business revenue has increased significantly year-on-year in the third quarter of last year and compared with the second quarter of this year. The most prominent among them is, Huashang Securities’ performance in the third quarter increased by 52%, completely exceeding market expectations.
Of course, Su Yu's Fortune Road Sales Department should have contributed a lot to this 52% performance increase.
However, the details of the sales department's revenue were not disclosed in the third quarter report, and they could only rely on speculation.
The brokerage's performance slightly exceeded expectations, which gave the market a certain degree of confidence at this time, and also gave investors who had been buried in the market these two days a little more hope.
Finally, regulators finally began to speak out again after the market plummeted for two consecutive days.
He said that he would further improve the laws and regulations of the market to promote a healthier development of the market, and called on everyone to make long-term investments. He also said that... in the future, more insurance and trust funds will be promoted into the market, and special mention was made of pensions. Market entry planning.
Faced with relatively favorable comments from regulators, financial media and market analysts from all walks of life.
Then he began to spare no effort to bullish the market.
As a result, in the evening, the originally relatively pessimistic market sentiment picked up due to the positive stimulation from all parties. Bullish sentiment slightly increased, and market discussions became increasingly divergent in terms of long and short positions.
Late at night, the external market trend was good. Although it did not rise sharply, it also maintained a relatively strong shock pattern.
Then, the next morning came.
Since there is nothing negative in the internal and external markets, and the overall news is biased towards the positive.
At 9:15, when the market began to call for collective bidding, the panic effect that many people expected basically did not appear. The concept sections of 'securities and venture capital', 'mobile Internet' related concepts, and ' The smartphone industry chain's related concept sectors are all opening flat, and several popular stocks whose third-quarter performance exceeded expectations have also opened significantly higher.
"Looking at the initial scene of the call auction, the market sentiment is not as bad as we thought!"
Seeing the state of the initial collective bidding in the market, Li Mengwei said in surprise in the trading room of Yuhang Investment Company: "Huashang Securities and Fenda Technology actually opened higher by about 5%, which obviously drove the rise of securities and wearable devices. Two major conceptual sections.”
"With good performance and good signals released by regulators, it would be unreasonable if there is not even a higher opening." Su Yu replied, "Although the market has been adjusted continuously and plummeted for two days, after all, after 7 The continuous market stimulus from January to October has broken away from the desperate pattern of endless decline. As long as the money-losing effect does not continue to expand rapidly in a short period of time, then... market sentiment and emotions will not be completely eliminated so quickly. Eliminated.”
"but……"
Su Yu paused and then said: "Friday is the internal meeting of the China Securities Regulatory Commission. The news of the IPO restart will definitely be released to the market on Friday. At this point in time... the market basically has no time to rebound. The main funds will not make market decisions at this juncture when the bad news has not yet materialized.”
"So, I guess even market sentiment has stabilized for a short time."
"At most, there will only be a high opening, and there will not be a strong rebound trend like holding high and hitting high."
"Oh, right……"
Su Yu thought for a while and continued: "If the market officially opens later and there is an obvious upward trend at the beginning of the market, then let's continue selling."
"Didn't you say that the two funds should retain 20% of the holding water level?" Li Meng said with some confusion, "Still reducing it? Our 2.3 billion chips yesterday have been reduced."
Su Yu smiled and said: "What I'm talking about is maintaining a 20% dynamic balance position. It doesn't mean that if it reduces to this position line, it will stop completely. The stocks that should be sold must continue to be sold, at least...' Positions in the fields of securities and venture capital must not be retained until the news of the IPO resumption of the market is announced."
"The market has potential negative pressure, and the negative news has not yet materialized at this moment."
"No matter how light our position is, we can easily add it back after the negative news materializes."
"For the next main direction, we still have to focus on the two main lines of 'mobile Internet' and 'smartphone industry chain'. After all, these are the only two directions that are relatively certain in the future and have the strongest expectations. Others In the conceptual field, currently... it's almost meaningless."
"Okay!" Li Meng responded and passed on the relevant instructions.
As the two people talked, time passed by 9:20, and the two cities entered the real collective bidding stage where orders cannot be cancelled.
After a brief adjustment from 9:15 to 9:20, the overall market situation has improved a bit. Nearly 2,000 stocks in the two cities, 65% of the stocks, have rebounded in the red, among which... Popular stocks related to the plunge, such as 'Hua Qingbao, Fenda Technology, Changqu Technology, Wangsu Technology, LeTV, Xinwei Communications, Anjie Technology', etc. all opened higher.
Even the 'securities and venture capital' concept sector, which led the market down yesterday, suffered a sharp sell-off and a sell-off from major funds from all walks of life.
Today also showed a red market, among which... Due to the leadership of Huashang Securities, leading securities firms such as Huaxin Securities, Huatong Securities, and Huatai Securities all opened higher.
Then, 9:21, 9:22, 9:23...
As the call auction time goes by, the number of red stocks in the two cities, as well as the oversold popular concept sectors and related popular concept stocks, have all been bought by a lot of funds, showing a trend of going higher and higher.
Finally, at 9:25, the collective bidding in the two cities ended.
The Shanghai Index was designated at 2333.46 points, an increase of 0.52%; the ChiNext Index was designated at 1279.33 points, an increase of 0.79%. After many days, the performance was once again stronger than the Shanghai Index for the first time.
"It's opened so much higher, can it be stable?"
Seeing such an opening scene, during the brief suspension of trading in the two markets, Zhou Kan was slightly surprised in the trading room of Zexi Investment in the Magic City: "A little good news can stimulate it. The market seems... not as weak as we thought. , it feels like the market is showing signs of turning back to the GEM.”
"The bad news has not materialized. It is strange that it can be stabilized." Xu Xiang is not optimistic about the market's generally high opening. "If it opens sharply lower, we will take the opportunity to kill a wave of emotions and make the market more clear." , there may be a rebound, but this high opening... really makes people not optimistic.”
usually……
In a weak market, all high openings are cheating.
What's more, the market fell sharply in the past two days, and so many chips were buried to chase higher. This higher opening just gave these chips the opportunity to sell. And since the index trend has reversed from the high point, although the market sentiment has temporarily recovered a little , but compared with the high point two days ago and the previous breakthroughs of the index, it is still far behind. This kind of emotional situation and relatively divergent investor performance simply cannot bear the high opening of the market.
Therefore, Xu Xiang believes that this kind of high opening occurs when the market's ability to undertake is insufficient.
I am afraid that there will be another rapid dive, a trend that will deceive people and bury people.
"Another kill? No way!" Zhou Kan said, "The Shanghai stock index fell from close to 2,500 points to more than 2,330 points now, and has fallen back more than 150 points. Such a rapid decline should have a decent rebound, right? ? And certain sectors of the market... do feel a little oversold."
"Then you'll find out later." Xu Xiang smiled and didn't say much.
He can try his best to avoid operations and avoid risks before the bad news comes true. He knows that there are definitely not a few major funds in the market who choose the same way as him.
in other words……
At a time when news of ‘market IPO restart’ is spreading.
As the main force that dominates the market, the volume of sales is definitely greater than the volume of purchases. However, this funding gap cannot be filled by the retail investors who have been hit by confidence. Therefore... the market is basically unable to make up for the lack of financial support. There is no logic or basis for the rise.
Just when the two of them had certain differences in their ideas.
Time passed at 9:30, and the two cities ushered in the official bidding transaction. The Shanghai Composite Index, Shenzhen Composite Index, and ChiNext Index surged higher in a flash. The most popular stocks in the market also instantly changed in just five minutes of emotional fermentation. A large number of funds followed the trend to buy the bottom, and they quickly rose.
The entire market, at the beginning of the market, showed a completely prosperous trend, and it was bound to reverse yesterday's decline!
