Chapter 712 Theme main line
If you want to break the surface with points and drive the entire market alive.
Then we must create a main line of speculation with sufficient expectations and imagination to gather the market sector effect, otherwise everything will be empty talk.
Only with enough money-making effect can we attract more bottom-line buyers and follow the trend.
This will solve the market's exhausted liquidity.
Su Yue pondered a few ideas, and then completely denied it. If he wanted to achieve the goal of leading the market alive, it would be difficult to be competent for the general main line speculation.
"It's a headache!" Su Yue sighed.
He doesn't want to be a "blue chip" in "blue chips", those "liberators" trapped in big funds, but he also wants to save the market. He takes on the national team's favor and let more people understand the market situation at this time. Don't get stuck in "blue chips" and become the takeover of big funds. The more he gets trapped, he can't extricate himself.
He wanted to use the main theme to use the seat of "Fortune Avenue" to achieve his goals and express his demands.
‘Value Investment’, the opportunity in China, has not come. After the madness in 2007, the market went to another extreme. ‘Blue chips’ were completely abandoned, and the small-cap theme ushered in one round after another.
The stock market has closed.
But Su Yue's eyes still did not turn away from the stock market and the topic interfaces that were constantly refreshing in major stock forums.
After yesterday's sharp drop, the market rebounded today and finally closed with an increase of 1.57%. The transaction volume significantly shrank, and the index returned to more than 3,300 points.
In the major online stock forums, everyone is not very excited or happy about today's rebound.
"A big drop, a small rebound, and then continues to fall, and it will continue to fall again and again. What's the end?"
"Look at it, there will definitely be a continued decline in the future. If interest rate cuts will not be reduced, financial policies will not be relaxed, the country will not speak out, and if the market is not rescued, the stock market will not stop falling."
"Bads and non-greaters run wildly, and funds are smashing hard all the way. It would be strange if they can stop the decline."
"The stock market value has fallen from a peak of more than 30 trillion yuan to about 16 trillion yuan now. Except for restricted stocks, there are at least several trillion yuan trapped markets. The loss market is in it. Who can pull it? The fundamentals of the economy are not good, and the global financial crisis is still deepening. News reports every day how many financial companies have gone bankrupt. How serious is the situation? The market cannot stand still. How can we go without falling?"
"Even if there are objective reasons, the decline in A-shares is much greater than that of US and European stocks, and even the Nikkei index cannot compare with each other. What is the explanation?"
"After all, the market system is not sound and there are no stock index hedging tools."
"Creating market surges and plummets."
"Without stock index hedging tools as a suppression, the market will only have unilateral markets, there will be no slow bulls, and there will be no so-called valuation repair."
"I don't think it has anything to do with stock index futures. It's mainly because funds and non-large and non-traditional markets are the leading reasons for smashing the market."
"In the second half of last year, too many funds were issued, including various state-owned assets and public equity funds. The scale of entry was about one trillion yuan. In addition, restricted shares were lifted, and the circulation market increased significantly in the market. When the external market changed, there was a natural stampede within the internal market. Now, various state-owned assets, public and private equity funds suffered extremely serious losses, and liquidation occurred every day, which led to them selling desperately and suppressing the market."
"If this risk is not lifted, the stock market will really have only one way to fall. The introduction of the stock index futures system will be the same."
"Indeed, these fund managers are really not things. When the bull market comes, they all squeeze in. They are all 'core assets' and they are going long. As a result, the market falls, they are all running out desperately and desperately smashing the market. If they didn't help the rise and fall, the market wouldn't have fallen so badly."
"It's mainly because of the insufficient level of these fund managers."
"When the bull market enters at the peak, the market falls, and has to face the pressure of losses and large-scale redemption pressure, so I desperately smash the market."
"Indeed, if everyone had the same level as Mr. Su, the stock market crash would not have happened."
"It's nothing strange to seek profit and avoid harm, because of human nature. I think the fundamental reason for the stock market crash is still a system problem. First, there is no stock index futures as a hedge to curb the violent fluctuations in the market, and then after the restricted stocks are lifted, large and small non-cash-out and run away without restrictions."
"Before the stock reform, these shares were not circulated in the secondary market, and even if they were not big or small, they had no way to cash out."
"It's great now, just sell it directly."
"From the beginning of the year to the present, the amount of cashing out of the small and small non-individuals from the secondary market has exceeded 100 billion yuan. They hold the original shares and make a lot of money after cashing out, but they make a lot of money and make a lot of money, but they make the market and our retail investors pay for it. If this is not restricted, the stock market is their ATM."
"The incremental funds were insufficient, and they would consume them wildly, where did the funds come from to drive the stock market up?"
"If the policies in these two aspects are not introduced, let alone the 3,000-point position cannot be stabilized, I think it is difficult to stabilize 2,000-point, and maybe it will fall back to the 998-point position."
Su Yue looked at these remarks and said to himself: "It seems that there are many people who understand."
The stock market fell like this. Although the macro reason was caused by the "subprime mortgage crisis" and the deterioration of the global economy, the fundamental reason was caused by the stampedeship of large funds and the runaway of large and small non-government.
Moreover, this situation will become more and more intense after the national rescue fails, in the second half of the bear market.
"If you fall like this, I don't know if I will pause again. The market's blood loss effect can no longer bear the continued issuance of ipo, right?"
"If you think too much, the iPo will not be suspended until the liquidity is completely exhausted and the new stocks have broken the issue price on a large scale."
"The landslide lakes on the market are still blocked now. More than 600 companies lined up behind them have finally restarted and will not stop easily."
"Not only will it not stop, it may also accelerate."
"I heard that I'm not going to add a new 'GEM'? How can I slow down and pause?"
"Only entering and leaving, the incremental capital in the market is gradually decreasing, and the external environment is also deteriorating. Without solving the capital problem, the stock market is just a way to fall no matter what it is!"
"Didn't it mean that the regulators are preparing to liberalize securities lending and margin trading? In terms of the policy of stock index futures, financing and margin trading will be introduced."
"Therefore we follow the example of foreign countries and allow individual stocks to short."
"If this is true... I will point out that Taiwan has opened up its margins and margin financing, and there will be another wave of interest rate cuts and reserve requirement ratio cuts, and the stock market may be saved."
"I can only look forward to it. Global monetary policy has shifted. The central bank should react, right? Hey... After all, the stock market has a relatively low status in the entire national financial system."
Su Yue continued to browse these topics, thinking about pointing out potential major policies such as Taiwan, opening up of financing and opening up, and GEM issuance, and suddenly had an idea in his mind.
These regulatory authorities have disclosed that there are no policies currently issued.
It is the market at this moment. The retail investors are most looking forward to and most hoping for in their hearts. They use this clue as the context and main line to hype.
Su Yue feels that it should be able to drive a wave of concept stock market and leverage the market.
After he had a idea in his mind, he began to look for suitable investment targets. Among domestic listed companies, in addition to these policies, the big brokerage firms who directly benefited from the concept of futures and futures indexes, the opening of the "GEM", the venture capital concept of the accelerated ipo, and the concept of financing and margin trading. There are many concept stocks with slightly pure ones, and there are more than a dozen or twenty, which are enough to form a sector effect.
Especially these lines can all lead to the main line of "big finance".
It can join forces with real money and silver in state-owned assets, pallet weight financial stocks, create a clear main line of market conditions, cooperate with favorable policies, and allow the market to truly rebound for a period of time.
By the way, you can also speculate on Internet finance.
Taking the core demands of retail investors in the market as the entry point and the potential favorable policies as the driving force, there are as many as 50 concept stocks involved. Su Yue feels that there is absolutely no way to do it and is suitable for large-scale funds to speculate, enter and exit.
"Manager Chen..."
Su Yue figured out the key points, and his depression was wiped out. He turned to Chen Yuhe and said, "Let the people in the analysis department find out all the stocks involved in the futures index concepts, venture capital concepts, and margin financing concepts in the market according to the proportion of the core business."
"Okay, Chairman." Chen Yuhe responded and hurriedly ordered the supervisor of the company's analysis department.
A day later, Su Yue got the list selected by Chen Yuhe by the fund analysis department, and saw that there were as many as 68 concept stocks involved.
"It's really a lot!" Su Yue took the list and sighed, "It seems we can show our skills once."
"Chairman, I have marked the stocks with pure concepts in the table." Chen Yuhe said, "There are about 20 stocks in total. I think if we want to build and hype this main line, it is better to start from these 20 stocks. Among these 20 stocks, there are more than one billion or billions of medium-cap stocks in circulation, which are suitable for us to enter and exit."
Su Yue took a closer look and had already paid attention to the key concept stocks marked by Chen Yuhe.
He nodded slightly, was silent for a while, and said, "Call everyone and have a meeting. We will set up investment targets that are suitable for entry and exit and have a pure concept."
"Today, the market fell into a sharp drop again, not far from the 3,000 point position."
"We can't make a lot of time to plan and react."
Chen Yuhe nodded and quickly summoned all the backbone of the fund business department. Under the leadership of Su Yue, under the detailed analysis of individual stock information, he set a total of 17 investment targets.
Among them, the futures futures index concept mainly focuses on eight stocks including China's mid-term, Huajin Lingnan, Hi-Tech Development, Jinbei Development, Modern Investment, Huaxia Guomao, Hongda Shares, and Daheng Technology; the venture capital concept is based on seven stocks including Volkswagen Public Utilization, Unigroup Shares, Lihe Shares, Shenzhen Venture Capital, Fujiang Hi-Tech, Fudan Fuhua, and Leading Shares.
Su Yue chose the concept of financing and financing, but did not pick out particularly pure concept stocks. In the end, he could only choose two securities stocks with the smallest and relatively active trading markets, Western Securities and Nanhua Securities, as a substitute, and also serve as a springboard for the spread of the market to big finance after the speculation of concept stocks.
After the strategy and investment target are set, the task of building a position is followed.
Because there are many investment targets set up, the 17 stocks, with a total circulation of more than 25 billion yuan, can carry larger funds than originally expected.
Therefore, Su Yue not only allowed the "Benyue No. 1" fund to participate fully.
Let ‘Benjue 2’ and ‘Benjue 3’ also participate in the establishment of positions, prepare three funds to work together to create this short-term market called ‘Salvation’.
April 17, April 18.
After Su Yue set the policy, among the three funds, the market continued to fall sharply, and the daily decline was not lower than 2%, falling below 3100 points and gradually approaching 3000 points.
The market sentiment has fallen to freezing point.
Replies, scolding the management for inaction, hating the stock market for ruining the family and life, and at the same time, they are on the verge of losing their positions, and various voices of heavy debt are still emerging one after another.
Few people noticed that in the market, there are a series of stock index futures concepts and venture capital concepts.
It began to stop the decline on a large scale and strengthened against the trend. After three consecutive days, the market fell by almost 10%, it did not fall much, and there was a small increase.
Chapter completed!