Chapter 65 Institutional Admission

"Institutional seats!" Su Yu stared at the buy one position, very surprised, and secretly said, "I didn't expect that the core closing main funds bought today with the advantage of the channel were actually institutions."

"It seems that these people's reaction is not as slow as I believed."

“However, with the successive releases of Google Glass and Apple smartwatches in the first half of the year, it’s time for these people to realize the huge potential of the ‘wearable device’ market.”

"Now, market sentiment is picking up and the problem of lack of liquidity is gradually changing."

"The GEM index has reached the 1,000-point mark, and the follow-up space has also opened up."

"These people should have less and less concerns in their minds, so they will gradually give up their core blue chips and pursue the 'new economic concept', but it makes sense."

Of course, at this time.

Institutions that can change their minds and see opportunities in individual stocks with these core concepts of the ‘new economy’.

Su Yu believed that they were still in the minority.

After all, the investment methods and speculation methods of hot money and institutions are obviously different in nature and principle. Hot money pays more attention to concepts, while institutions pay more attention to performance.

Although, many institutional researchers and fund managers may see huge explosive potential in these industries.

However, in a purely conceptual hype where short-term performance cannot be realized, there is no valuation anchor, and the risks are difficult to control, we still dare not participate easily.

"Institutional seats are actually institutional seats!"

When Su Yu was surprised by the trading data of Fenda Technology Dragon and Tiger List, many investors in the entire market who were paying attention to this leading concept stock also made extremely surprised sounds.

“This is the first time this year that I have seen an institution rushing to raise funds on the daily limit of GEM concept stocks!”

"Indeed, it is unbelievable that one day institutions will act like hot money and rush to raise funds on the daily limit board."

"What does this mean?"

"It shows that the future prospects of Fenda Technology's stock are indeed very good. It shows that the main institutional funds in the market are indeed optimistic about the development potential of the 'wearable device' market, and it is not just talk."

"But when institutions enter the market, hot money will retreat, right? After all, it is rare to see hot money supporting institutions."

"That's not necessarily the case. Institutions can grab funds at the daily limit. I think it just proves the scarcity of chips in this stock. Moreover, when institutions buy it, they generally won't sell it the next day. This is equivalent to someone helping to lock in the funds. In addition, Fenda Technology is obviously the strongest concept stock in the concept of 'wearable devices', so there is no reason why hot money should not invest in it."

"I think so……"

"No matter what, Fenda Technology's Dragon and Tiger list today can be considered to have greatly exceeded expectations!"

"I just don't know who the main funds came in when Fenda Technology was launched yesterday, and whether they will be smashed tomorrow."

"Institutions can take advantage of the channel to buy goods on the daily limit board today, which proves that the capital that dominated Fenda Technology's market yesterday is definitely not an institution."

"Then it can only be hot money."

"Given the characteristics of hot money, if you make more than 20% profit in the short term, there is a high probability that you will hit the market to stop the profit!"

"What are you afraid of? Only when there are disagreements can the market move. Since there are institutions that dare to grab funds at the daily limit, I think Fenda Technology can still take a high look."

"To determine the leader among the three boards, we can only look at Fenda Technology's market acceptance tomorrow. If the undertaking is good, we can naturally take a high look."

"I really hope this check can come out and break through the five-level height of Tianyu Information."

"Yes, this will make it easier to follow-up on the market. After all, as long as a new market level is opened, the financial fear of heights and risks will naturally be alleviated."

"It would be difficult to exceed the five-board height of Tianyu Information."

"After all, according to past market experience, hot money will not be willing to keep supporting the institution. And who knows how many chips this institution has bought before? What if this institution has bought a lot of chips before and grabs chips at the daily limit this time? But it’s just a cover-up for short-term funds in the market to induce the main short-term funds in the market to follow up, and then institutions can take advantage of the favorable conditions to take profits at a large-scale high level. That would look good.”

"That's not true, is it?"

"It's certainly not the case. Looking at the annual report disclosed by this stock, we can see that there have been no institutional holdings before, so hot money should be able to rest assured."

"Who knows, let's wait and see tomorrow!"

Amid endless speculation...

The next day, Friday, May 17, the stock market opened again.

Fenda Technology, which is the core focus of the market, still opened higher under the attention of countless investors, and continued to shrink beyond market expectations. When the call auction ended, more than 280,000 orders were closed at the daily limit.

"There was no disagreement, no big money selling."

Su Yu stared at the opening situation of Fenda Technology shrinking and rising to the daily limit. For a moment, he was a little surprised: "It's the third board. Looking at this situation, Fenda Technology is expected to break through the market space created by Tianyu Information!"

In the past two days, the popularity of the ‘Apple concept’ and ‘wearable device’ concept sectors has continued to increase.

In addition, after the GEM index officially stood at 1,000 points, the market's short-term chasing sentiment is also continuing to heat up.

At this moment, both the market and individual stocks have strong upward momentum.

Fenda Technology has now attracted a lot of attention from the market, and at the same time, institutions have entered the market, adding to its fundamental imagination.

In this way, according to the market conditions of the opening at this moment.

This stock, various funds in the market, the desire for chips, and the expected market premium space.

It has obviously reached an extremely high level.

Next, Su Yu predicted that as long as the market is stable, it can continue to attack upward and open up new market space.

So it is not difficult for Fenda Technology to break through the five-board height.

After all, the market's short-term hype mood at this time is much better than when Tianyu Information led the concept sectors of 'mobile payment', 'smart city' and 'Internet finance'. All the funds are 'fearful of heights'. It should also have declined a lot.

After understanding the logic and deciding to continue holding the position.

Su Yu stared at the market conditions of the two cities for a while and felt that there would be no changes in the future.

So I stood up, preparing to temporarily ignore the stock market conditions, go out for a walk, and visit the Computer City to change myself to a more smooth laptop.

At this time, Yang Hao suddenly sent him a message.

The other party said that the US$16 million used to buy Lip Lighting has now been put in place.

Su Yu simply replied with the word "OK", and then Yang Hao sent him the operating passwords for four unrelated stock accounts via text message.

Su Yu tried to log in and saw 30 million in funds lying quietly in four stock accounts.

"Huang Xingde, Cheng Shenghong, Mo Xiaolei, Liu Anquan..."

Su Yu noticed the names of the heads of the four accounts and secretly guessed the identities of these people. Then, without delving further, he turned his attention to the trading market of Lip Lighting stock.