Rebirth of the Capital Legend

Over the past six months, the core theme of the 'new energy industry chain' has been able to strengthen independently and achieve a general doubling of its value during the bear market when the overall market performance was extremely weak.

Even though there are industry fundamentals, the huge changes have been caused by the strong support of national policies.

However, it is also obvious that the institutional funds, the main fund "Huayi Expedition No. 1", which is sought after by various funds in the market, has contributed to the trend.

Today, the main fund is 'Huayi Expedition No. 1'.

He was very surprised that they began to take profits and withdraw from the core stocks of the "new energy industry chain" on a large scale.

Originally, he thought that with the clear change in fundamental logic and the continuous expansion of market demand for the new energy industry, the main fund product "Huayi Expedition No. 1", through its position layout on this main line, would definitely hold the corresponding core stocks when subsequent performance is realized.

I never expected that... the other party was hyping up this main line, and the trend seemed to be obviously not in place.

They started to take profits and withdraw.

"It's really strange." Yang Shengfan frowned and said, "This position is obviously not a selling point at the end of the market, and the expectations of the entire industry have not been fulfilled. Why would the main fund in the market, 'Hua Yi Yuan Zheng No. 1', reduce its holdings by a large amount at this position?"

"Are the rumors in the market about the policy of reducing subsidies for 'new energy vehicles' true?" Bao Yongquan responded, "If so, the logic of the entire 'new energy industry chain' main investment and future expectations may be reversed. In this case... it makes sense that the main fund in the market, 'Huayi Yuanzheng No. 1', reduced its position to take profits and left the market."

Yang Shengfan said firmly: "National policies will not change overnight. Such market rumors cannot be true. At most, they will rectify the market subsidy fraud chaos. If the national regulatory authorities vigorously rectify the subsidy fraud chaos, I think it will be beneficial to the healthy development of the domestic new energy industry chain in the future."

"Mr. Yang, do you think this is not the reason?" Bao Yongquan asked.

Yang Shengfan responded: "Absolutely not. If this is the reason, other institutions that have invested in the main investment line of 'new energy industry chain' will not have no unusual movements. But if you look at the data of some core stock dragon and tiger lists disclosed today, except for the seat of 'Huaxin Securities Financial Street Fuxing Road' sales department where the main fund 'Huayi Expedition No. 1' is located, the other selling capital seats are all active hot money in the market, and the selling volume is around several million or ten million.

This explains the other core main funds that are deployed on the main line of the 'new energy industry chain'.

Was not affected.

Nor did it actively sell off following the selling of the main fund "Huayi Expedition No. 1".

On the contrary, on today's buying list, several institutions have taken over a lot of chips sold by the main fund 'Hua Yi Yuan Zheng No. 1'."

"What could be the reason?" Bao Yongquan asked puzzledly.

Yang Shengfan thought for a moment and said, "At present, it is difficult to make an accurate guess. Let's wait and see what happens next. The main fund product, 'Huayi Expedition 1', is already a star fund product in our A-share market. Its every move will attract everyone's special attention.

This fund must have other strategic plans for such a large-scale reduction in holdings.

The amount of capital of this main force is very large. Once there are other unusual movements, the market will definitely notice it. We just need to continue to observe patiently. "

"Before, the main fund in the market, 'Hua Yi Yuan Zheng No. 1', should have established a fairly heavy position in the main direction of 'new energy industry chain', right?" Bao Yongquan thought for a moment and said, "According to the net value currently disclosed by the 'Hua Yi Yuan Zheng No. 1' fund, the capital volume of this fund product should have exceeded 600 billion.

And if their layout on the main line of the 'new energy industry chain' is around 20%.

That’s a scale of about 120 billion.

I am worried that this capital will continue to reduce its holdings on the main line of the 'new energy industry chain', which will have a great suppressive effect on the subsequent market development of the entire 'new energy industry chain' main line.

At the same time, this main fund product has a huge influence in the market.

Regardless of buying or selling, there will always be a huge number of followers.

This will lead to more funds being sold off in the subsequent main line of the 'new energy industry chain'."

"You want us to reduce our holdings and take some profits, and then wait for the future outlook of this main line to become clearer, or wait for the market pressure caused by the continuous selling of the main fund product 'Hua Yi Yuan Zheng No. 1' to weaken, and then take back the chips at a low level, so as to reduce the retracement of the fund's net value, right?" Yang Shengfan looked at Bao Yongquan, smiled, and said, "Your idea is correct, but the market may not necessarily go according to our expectations. Let's see how strong the main line of 'new energy industry chain' is in the next few days.

If the main fund product 'Huayi Expedition No. 1' continues to be sold off.

The core stocks related to the entire 'new energy industry chain' main line have good take-up capacity, and there is continuous off-market main capital to take over.

So, let's stick to our current strategy and continue to hold long positions.

If the main fund "Huayi Expedition No. 1" continues to sell off, more and more funds will follow suit and the market's ability to carry on will continue to weaken.

Then, we will respect the market trend and the joint choice of funds in the market.

Reduce your position accordingly at this point."

"Okay." Bao Yongquan said with a smile, "That's what I mean."

As the two discussed, they made adjustments to the subsequent fund investment strategy...

At this time, there are other institutional parties, as well as active capital groups that are still gambling and investing in the market, as well as many hot money and retail investors.

Half a year later, I was at the seat of 'Huaxin Securities, Fuxing Road, Shanghai Financial Street'.

The situation of appearing on the Dragon and Tiger list of the two cities again.

There is still a very intense discussion and exchange.

There is also heated debate and speculation about the next investment move of the main fund product "Huayi Expedition 1" after it reduces its holdings of the main chips of the "new energy industry chain".

"The funds from Fuxing Road sold 5 million yuan of funds in one day on the main line of the new energy industry chain!"

"I'm afraid it's more than that. This is just the stocks on the list. 'Fuxing Road' sold for 5 million. Are there any more stocks that are not on the list? Now the seat of 'Fuxing Road' has become a common seat for the main fund product 'Huayi Expedition No. 1' under 'Huayi Capital' headed by President Su. The current size of this fund is completely different from when President Su operated this seat."

"The 'Hua Yi Yuan Zheng No. 1' fund product managed by President Su is investing heavily in the core stocks of the 'new energy industry chain' main line at this time. Does this mean that President Su thinks the market trend of this main line sector has reached its peak?"

"I feel like the market hasn't reached its end yet, right?"

"No matter whether it's the end or not, I won't touch the main line sector that Mr. Su reduced his holdings in anyway."

"That's right. You can never go wrong if you follow Boss Su's instructions."

"The 'Hua Yi Expedition No. 1' fund product currently managed by General Manager Su has certain main holdings. So... what are they?"

"Hengrui Medicine in the pharmaceutical sector, Gree, Midea, Moutai, Wuliangye, and Luzhou Laojiao in the consumer sector... These stocks should be the obvious ones, and they are also the key holdings of the Huayi Expedition No. 1 fund product managed by Mr. Su."

"It seems that Mr. Su is very fond of the 'white wine' sector now!"

"Why do I feel that Mr. Su's current investment style is completely different from before, and is increasingly leaning towards the style of public funds."

"With tens of billions of dollars in funds, we can no longer operate in the same way as before."

"Alas, without President Su leading the market, it is really difficult to make short-term investments this year."

"That's right. The market ecology is too bad now."

"I really miss the time when President Su used his seat at Fuxing Road to dominate the short-term market sentiment and hype up the market's monster stocks. At that time, it was so easy to make money just by following President Su's seat."

"You can follow suit now, right? But after Mr. Su's style of operation changes, you need to be more patient."

"It feels like it's not just Mr. Su's operating style that has changed, but the style of the entire market has changed. In this year's market, the performance of blue-chip stocks is obviously better than that of concept stocks, and the performance of the Shanghai Composite Index, CSI 300 Index, and A50 Index is also obviously better than that of the ChiNext."

"Yes, the previously active hot money has either calmed down and exited the market, or has begun to change its mindset."

"Let's see what President Su does next."

"It seems that Mr. Su's reduction of his holdings in the 'new energy industry chain' stocks is not a sign of leaving the market, but rather a preparation for a portfolio adjustment."

"Mr. Su is one of the few resolute bulls left in this market. If Mr. Su starts to significantly reduce his positions and stop playing, then I will definitely stop playing with my short positions as well."

"Definitely not. The main line of Mr. Su's next wave of portfolio adjustments will definitely be the next excellent market opportunity."

Along with the discussion among numerous investor groups in the market about the trading seat of 'Fuxing Road' and the large-scale reduction of core stock chips of 'new energy industry chain' by 'Huayi Expedition No. 1', the main fund product in the market.

While everyone is speculating on the next adjustment of this star private equity fund product in China...

On Friday, July 7, hosted by Su Yi.

The entire 'Huayi Expedition No. 1' fund product trading department and all trading groups began to follow the established investment strategy. While continuing to reduce their holdings of stocks in the main line of the 'new energy industry chain', they simultaneously bought core stocks in the 'coal' and 'security lens' sectors that were still at the bottom and attracted little attention from funds. They also took over the Hong Kong stock market through dedicated trading accounts and bought domestic real estate stocks that were equally ignored.