Chapter 837 Institutions Continue to Increase Their Holdings!

"What's going on? Under such circumstances, you still dive?"

Faced with the continued fluctuation of the Shanghai Stock Index after the opening of the market, around 10 o'clock in the morning, inside Yanjing Yihe Capital Company, in the main fund trading room, the fund manager and general manager had been observing the market and had high expectations for today's market trends. The general manager of the company, Chen Yihe, frowned visibly and said: "The external markets are all experiencing rapid breakthroughs, and the domestic news is all positive. The sentiment of market investors is clearly very good. Why do we continue to break through at this position?" Is it so difficult to get up? I feel that the power of the market bulls and the funds they continue to receive are not weak!”

"Maybe it's still a matter of profit taking." Next to Chen Yihe, Gao Xiang, the leader of the company's main fund product trading team, thought for a moment and responded, "In this position of the market, the profit taking and arbitrage pressure accumulated in the market , it is still too big and must be digested by shocks, but I think...even if the index temporarily surges higher and falls back, it will definitely be able to shock upwards in the end and form a continuous breakthrough trend.

After all, just like you said, boss...

Whether it is external market trends or domestic news, they are all positive, and the bullish atmosphere in the market is getting stronger and stronger.

In this case, low-quality mainline chips are scarce.

There is simply no room for a sharp decline or correction in the index and market.

Therefore, even if you want to digest profits and unwind arbitrage, there is a high probability that it will be a trend of shock and gradually rising.

At this time, what should be tested is everyone's patience in holding shares and their inner belief in the market's bullish expectations. Once patience is not enough, belief will be insufficient.

What you hold in your hand is a bargaining chip with a certain cost advantage.

It is easy to be washed away by the main funds active in the market. "

Chen Yihe heard Gao Xiang's analysis, pondered for a moment, and said: "According to your analysis, the market's trend performance is more conducive to the subsequent development of the market?"

Gao Xiang responded: "That's how it is. I think there is no problem with the current market trend. We just need to hold positions patiently and wait for the market shock and adjustment to end. I believe that the market shock and adjustment will not take long. After all, December is the time when many institutions in the industry are actively adjusting their positions and working hard to achieve results.”

"I hope the market adjustment time will not be very long." Chen Yihe nodded, "But there is no problem with the overall market trend. What about the specific main line market performance? In the past two days, the market has been supporting a strong upward breakthrough. The main line of 'big finance' is obviously weaker than the main line of 'big infrastructure'.

Our fund products and the main holding chips are all concentrated on the main line of "big finance".

What do you think...

Do we need to balance the position structure and adjust departmental positions from the direction of "big finance" to the main direction of "big infrastructure"? "

Gao Xiang thought for a while and responded: "There should be no problem with the 'big finance' line, right? Moreover, the current bull market expectations are getting clearer and clearer, and the logic is getting clearer. The core line of 'big finance' is being hyped Logic and investment logic are still the most certain in the entire market.

It's just that in the main line of "big finance", there are too many chips for short- and medium-term profit taking and settlement.

A temporary suppression was formed on the disk.

That’s why the ‘big finance’ line has not outperformed the core main line of ‘big infrastructure’ in recent trading days.

But, for now.

The potential benefits and expected logic of the "big finance" main line are still better than the "big infrastructure" main line.

At the same time, there are still expectations for the central bank to cut interest rates and reserve requirement ratios.

Also, even compared to the specific valuation, the overall increase in stock prices since the historical low is the advantage of the 'Big Finance' line.

I think the core thread of ‘big finance’ is currently causing market divergence.

Not only is it not a selling point that should be used to reduce positions and take profits, but it is also a good buying point to increase positions and go long.

At this time we...

We should not reduce our holdings in the main line of 'big finance' and spread them to the main line of 'big infrastructure'. Instead, we should further concentrate our positions on the core leading stocks of the main line of 'big finance'.

After all, once the market ends its adjustment, it will break through again.

Then, as the vanguard main line that supports market breakthroughs, the popular heavyweight stocks in the main line of 'big finance' will definitely become the first target of attacks by the main capital groups, create a smoother breakthrough trend, and create higher stock price increases. , significantly outperforming the market index.

Therefore, we focus on holding core stock chips on the main line of "big finance".

I think we can capture the market's excess profits with a high probability, and at the end of the year, we can push the performance of our fund products upwards. "

"But at present, the certainty about... rumors related to the central bank's interest rate cuts and reserve requirement ratio cuts is still not very high." Chen Yihe said, "In case this news fails and the positive expectations cannot be realized, our positions are concentrated in the 'Big Financial 'On the main line, that would be troublesome."

Gao Xiang said: "I think there is a high probability that it can be fulfilled, right? After all, last night, according to the news in the external market, major foreign financial institutions generally expected that the Federal Reserve interest rate meeting on Friday would not raise interest rates rashly. ? There are obvious differences between the Federal Reserve and the central bank in the management of interest rate expectations.

Generally speaking, if most foreign financial institutions generally agree with this, they are basically inseparable.

And since the Fed will not raise interest rates rashly.

Then our domestic central bank has a lot of cards it can play.

Moreover, in order to recover the macro economy and ease the pressure on monetary liquidity at the end of the year, it is basically a certainty that the central bank will cut interest rates and reduce reserve requirements, right? "

Chen Yihe continued to ponder for a while while Gao Xiang continued to analyze and output his opinions, thinking about this position and the performance ranking of his main fund products. He was not far away from the top 100 in the industry. If he could take advantage of the opportunity A rush will obviously be very beneficial to business development next year.

Even if it fails in the end.

When the Shanghai Stock Index has basically sealed its downside, it has just wasted a period of time and the market opportunities during this period.

Thinking of this, Chen Yihe said: "Okay, continue to adjust positions according to your ideas."

Gao Xiang nodded and immediately ordered the traders behind him to continue adjusting positions.

And at the same time...

In Shanghai, the self-operated investment department of Huatong Bank, fund manager Deng Jialun stared at the market of the two markets and made the same strategic choice as the 'Yihe Investment' company.

Likewise, there are many retail investor groups on the market, as well as medium and large investors.

Looking at the shock and decline of the two markets.

No one feels panic, or that market risks are approaching.

Everyone still thinks that all corrections in the market are good opportunities to add positions, to adjust positions and exchange shares, to seize the main line weight stocks, as well as various high-quality stock chips in the market.

It is in this market that the market continues to be divided between long and short.

The Shanghai Stock Index continued to fluctuate until around 2 p.m., and then began to rise rapidly again.

In particular, the main line of "big finance" that everyone focused on suddenly began to rise intensively in the late trading period, unlike the late diving in the previous two days.

Finally, when 3 p.m. arrived.

The Shanghai Stock Index still closed above the high opening position in early trading, and continued to close in the red.

While the Shanghai Stock Exchange Index continues to close in the red, popular main lines such as ‘big finance’, ‘big infrastructure’, and ‘military industry’ also continue to be active.

And in the final stage of the game.

The securities and Internet finance sectors have returned to the top of the list of industry sectors and concept sectors in the two cities.

Among them, the popular stocks in the two major sectors, 'Harbin Investment Capital', 'Huaxin Securities', 'Great Wisdom', and 'Hua Ke Financial', several stocks rose rapidly in the late trading and were sealed at the daily limit. .

As for ‘Huake Dawn’ and ‘Blue Stone Heavy Equipment’, two big monster stocks in the sub-new stock sector.

Today, the huge long-short divergence continues, with the market oscillations exceeding 10 points in amplitude.

Faced with the re-emergence of the main line of 'big finance', the market fluctuated for most of the day, and finally showed another upward breakthrough trend at the end of the trading day.

After the market closes, a broad group of investors both inside and outside the market.

The emotional expression was actually more intense than during the session.

"Hey...the Shanghai Stock Exchange Index actually closed above the opening level today. This is a bit beyond expectations!"

After the market closed, someone in the main hot money group of Yuhang where Su Yu was located expressed emotion.

"Moreover, the main line of 'big finance' has also led the rise again. Looking at the market trend pattern, there are obvious signs of the end of the market adjustment in the late trading."

"It has been fluctuating for several days. The profits and settlements have been almost cleared, right?"

"Today's late trading trend is indeed a bit ahead of expectations, but it is a pity that today's market turnover still failed to reach the trillion mark."

“It’s only a matter of time before the volume can break through the trillion mark.”

"It is still the 'big finance' that leads the rise, and the vitality of the market is stronger."

"However, today, the two short-term sentiment indicators of 'Huake Dawn' and 'Blue Stone Heavy Equipment' seem to have stalled."

"Both these two checks have increased more than 10 times since their listing. It is normal for adjustments to have increased so much."

"Fortunately, although today's trend of these two checks has a large amplitude, it basically does not show a strong money-losing effect on the market. It should not have too bad an impact on the market's short-term speculation sentiment and short-term market conditions."

"There will be no negative impact at all. After all, the stock price of these two checks can rise to the current position, which is already very unexpected."

"Many of the stocks that were on fire today were closed at the end of the day. This should be a good sign."

"Sure enough, the market's room for decline has been completely sealed. It really can't go down at all. I originally prepared 3 million yuan of funds and planned to buy the bottom during the violent market adjustment. Alas... now it seems that it is probably impossible to achieve it. ”

"In a bull market, it is definitely difficult to buy at the bottom. You can only chase the high to grab funds."

"As long as they are high-quality chips, I think it doesn't matter if you buy them higher, but you will just lose a little cost advantage of holding positions."

"The trend of the 'Great Wisdom' check today is a bit beyond expectations."

"Indeed, I really didn't expect that this check would reach the limit today."

"I feel like the securities and Internet financial sectors are going to accelerate their growth, right?"

"Accelerate the main rise? Aren't the previous market trends of these two major sectors not counted as the main rise? They have generally doubled!"

"The index has almost doubled from the bottom of 2,000 points. The stocks in the popular securities and Internet finance sectors have generally doubled. Isn't it normal? On the contrary, I think the general increase of one doubling does not reflect the strong expectations of the entire "big finance" main line at all."

"There is no doubt that the "big finance" line will continue to soar."

"At present, overall, the valuation level of the core main line of "big finance" is still seriously lagging behind the "big infrastructure" line, right?"

"Not only is the valuation lagging behind, but the increase is also lagging behind in all aspects."

"According to the core main line of "big infrastructure", from the entire trend since April this year, as well as the increase range, the "big finance" line will definitely have another wave of main rise."

"Yes, at least like "Hua "Xin Securities", "Huatong Securities", "Hengsheng Electronics"... these stocks have not yet shown a clear upward trend, and the cumulative increase in stock prices from the bottom is relatively behind the increase in the Shanghai Composite Index from 2,000 points. Logically speaking... there should be room for catch-up growth."

"No matter how the core main line changes, I think as long as the overall market is fine, you can be confident and bold in making short-term moves."

"Yes, as long as the market's risk appetite is still at a high level, just continue to fight short-term moves."

"After the hype of "Huake Shuguang" and "Lanshi Heavy Equipment" ends, there should be new monster stocks in the 'new stocks' sector..."

With the rapid update of group messages and the in-depth interpretation of the market by the big guys in the group.

Unknowingly, the market time has once again reached 5:30 pm.

The Dragon and Tiger List of the two cities was refreshed, and at the same time, the market's margin trading balance data was also disclosed.

According to the data of margin trading disclosed by the market, the margin balance and short selling balance are both rising, and the margin balance has increased by more than 5 billion compared with yesterday. The total margin balance of the two cities has reached more than 1.14 trillion.

As for the data of the Dragon and Tiger List of the two cities disclosed...

Although the number of stocks on the list of the two cities today has continued to decrease compared with yesterday, the total net purchase amount of the main funds on the entire Dragon and Tiger List has increased significantly compared with yesterday.

Among them, the two securities stocks of "Huaxin Securities" and "Ha Investment Capital" on the list are particularly important.

In the Dragon and Tiger List trading seats disclosed by it, the total net purchase amount of the main funds has reached 420 million, which greatly exceeds the expectations of investors in the market, and also makes countless investors who pay attention to these two checks feel extremely surprised.

No one expected that at this position and at this time.

As the absolute main force of the market, the institutional funds group will continue to increase their positions and rush to buy stocks in the securities sector on a large scale and frantically. (End of this chapter)