Rebirth of the Capital Legend

"Whether it is or not, judging from the current market trend, a short-term rebound is certain," said Sun Chengyu. "And the main line of speculation around the real estate sector has also been confirmed by various follow-up funds in the market. Our new positions today are also likely to make money tomorrow."

His expectations for the weak rebound in the bear market are relatively low, as long as he can make a profit, it's fine.

"Even so, we also hope that the market can go a little further." Zhao Qiang said, "In fact, the overall market expectations are not bad. As long as the market investors' emotions and confidence can be played out, then... I feel that the market should have a good performance in the last few months of the second half of the year.

And from a technical point of view...

After the market index experienced a sharp pullback at the beginning of the year, there is enough time and space for adjustment.

There is also the second half of the year, and the last two quarters are usually the time when public funds in the market adjust their portfolios and change stocks, making relatively aggressive moves and competing for year-end rankings.

This situation is actually very suitable for a rebound.

Anyway, I am not pessimistic about this rebound, as long as the hype logic of the "real estate chain" is correct and housing prices in various offline cities continue to rise.

So, this wave of market is worth doing and worth taking a look at.

Of course, if we can see Mr. Su from Huayi Capital in today’s market fluctuations, then the subsequent rebound will naturally be more worth looking forward to.”

As the two talked...

The market's trading hours are still advancing, and the market's rebound is still continuing.

At 2:18, in the real estate sector, several core real estate stocks including 'Kewan Real Estate', 'Poly Real Estate' and 'China Merchants Shekou' all rose by more than 7%. On the market, large orders of tens of thousands of hands were frequently placed, and aggressive buying continued. At the same time, many small and medium-sized real estate stocks such as 'Pudong Jinqiao', 'Yu Development' and 'Jinke Real Estate' hit the daily limit.

At 2:25, stocks in the two major industry sectors of building decoration and building materials also rose one after another. Among them, stocks such as "Anhui Conch Cement", "Tianshan Cement", and "BeiXin Building Materials" rose by more than 5%, and small and medium-sized concept stocks such as "Sankeshu", "Yuhong Waterproof", "Sophia", and "Gujia Home Furnishing" all hit the daily limit.

At 2:32, the steel, coal and nonferrous metal sectors continued to lead the gains. Among them, Jinxi Coal Industry hit the daily limit. Stocks such as Hesteel, Shandong Steel and Shougang all rose by more than 5%.

At 2:37, Yunnan-Guizhou Copper hit the daily limit, and more and more active funds followed suit and rushed to buy shares.

"Fuck, this is really a 'coal-flying and colorful' market!"

Seeing that the entire market trend has turned to a hot rebound led by real estate and black resource stocks, many retail investors gathered in major stock investment exchange forums across the Internet expressed their feelings.

"Black resource stocks, is there any good news? They are rising like crazy."

"There is no clear positive news. The only positive news is that the 'supply-side reform' that the country has been promoting is still an expectation."

"What about the estate? Why the riot?"

“I feel like the crazy rise in the real estate sector is driven by the Chinese real estate stocks in the Hong Kong stock market, right?”

"Why do I feel that the A-shares and H-shares are linked? However, the logic behind the real estate sector's riot should still be simple, regardless of how much the housing prices in major cities have risen offline."

"Except for Shanghai, Shenzhen, Beijing, and Yangcheng, the first-tier cities, other places don't seem to have seen much growth, right?"

"Yuhang has increased by almost 50% in the past six months, and it hasn't increased much yet?"

"But currently, major institutions have a bad outlook on real estate. No one thinks this round of price increases will last long. After all, supervision is still under relatively high pressure."

"Compared to before, the supervision has been relaxed a lot, right?"

"The main reason is that the stock market is getting more and more sluggish and can't attract off-market funds at all. In addition, the central bank has been waterproofing, which has led to all the active off-market liquidity going to the property market."

“Regardless of the expectations for industry fundamentals, in my opinion… the overall valuation of the real estate sector is relatively low.”

“This is a bear market. Which sector of the market is not undervalued?”

"As long as there is money to speculate and big money to do the trading, why bother? Just follow suit."

"That's right. It's always a good idea to follow the big funds. Anyway, I've already bought half of the position. It depends on whether this 'coal-flying and colorful' market can continue."

"Today the market has exploded a lot, and I feel there is a high probability that it will continue."

"But the overall market index hasn't risen much!"

"Nonsense, there is only so much money in the market right now. The coal, nonferrous metals, steel, building decoration, construction materials, and real estate sectors have all absorbed the liquidity of other sectors, causing the trend of other market sectors to become even more sluggish. Under this circumstance... the index will naturally not rise much."

"Indeed, for example, the main line of 'new energy industry chain' has a very weak trend today."

"The main line of the 'new energy industry chain' is so weak, mainly because of the large-scale reduction of positions by the institution 'Hua Yi Capital'. No big funds dare to move up the market, right?"

"Yes, it can be seen from this that President Su's influence is really not to be underestimated!"

"In the short term, the main line of 'new energy industry chain' will definitely not be popular."

"It seems that all the active funds in the entire market are flowing into the coal, nonferrous metals, steel, real estate and construction sectors. This bandwagon effect is really strong!"

"That's great. It can form a sector effect and a divergent emotional trend. This market trend will have continuity!"

"It feels like there are a lot of big funds following these major sectors today."

"In the real estate sector alone, the net inflow of large funds has now reached 30 billion."

"I remember that the real estate sector used to be linked to the 'big finance' sector. Why are they not linked now? Even when the real estate sector is rising, the big financial sectors such as banks, insurance and securities are still falling."

"When market liquidity is sufficient, there will naturally be linkage. However, when market liquidity is very limited, the amount of active funds in the market cannot support the linkage of multiple main lines, and the entire market cannot form a general rise, the two main lines will not form a linkage situation."

"Wow, the number of stocks in the entire real estate sector that have hit their daily limit has approached ten. That's amazing."

"Although the market is not rising across the board today, it is still rare to see such a strong local market trend!"

"It's not just A-shares. In the Hong Kong stock market, the intraday gains of Hengda Real Estate, Rongchuang Real Estate and Jingcheng Holdings have all exceeded 10%."

"The Hong Kong stock price of Kewan Real Estate has also risen by more than 10%."

"Hehe, it looks like the real estate sector is going to have a big rally."

"Wow, this is awesome! Look at the stock of China Fortune Land Development. One million orders were placed directly to the daily limit!"

"The market sentiment is getting more and more heated, and the real estate market is directly involved in the final trading session."

"The net inflow of large funds in the entire real estate sector has exceeded 35 billion. Holy shit... Is this going to be a collective limit-up? This market situation is really rare this year."

"I don't know who started this wave of real estate market today, it's really amazing."

"Haha, the market finally turned positive. It has been negative for half a month. I hope this wave can make my money back. If I make my money back, I will stop speculating and resolutely withdraw from the stock market."

Accompanied by heated discussions and rapid following among countless retail investors in the market.

In the last half hour of the market, the popular sectors such as coal, nonferrous metals, steel, real estate, and construction, which had continued to see large inflows of capital, saw increasingly larger gains. The corresponding core stocks and small-cap concept stocks also saw increasingly aggressive market trends. The number of stocks that hit their daily limit continued to increase, and the amount of net inflows of large funds continued to grow.

Finally, when 3 o'clock in the afternoon came, the two markets ushered in the closing time.

Although the daily gains of the three major indexes, Shanghai Composite Index, Shenzhen Composite Index and ChiNext Index, did not exceed 1%, they only closed with a medium-sized positive line.

But the major core sectors are coal, nonferrous metals, steel, real estate, and construction.

In the end, all of them ended up rising by more than 2%. Among them, the real estate sector soared by more than 4.5%. Within the sector, more than 17 stocks hit the daily limit.

Moreover, 'Kewan Real Estate' and 'Poly Real Estate' are two leading real estate stocks with a market value of hundreds of billions.

The closing increases were all over 8%, just one step away from the daily limit.

In the Hong Kong stock market...

When 4 o'clock in the afternoon arrived and the Hong Kong stock market closed, the domestic real estate stocks in the entire market also showed a trend of surging across the board, and the three major domestic real estate stocks "Hengda Real Estate", "Rongchuang Real Estate" and "Jingcheng Holdings" all saw their intraday gains reach around 12%.

"Today's market... is going really well!"

Seeing the closing results, the real estate stocks of the two places have skyrocketed. At this time, in Shanghai, in the trading room of the 'Sino Future No. 1' fund product of Sino Private Equity Fund Company, the fund product manager Men Xingtao had a strong smile on his face and continued: "Such a market trend should be able to show that the market of the real estate sector has officially started."

"Yes!" Next to Meng Xingtao, Huang Qingyun, the trading team leader of the 'Sino Future No. 1' fund product, also smiled. "Manager, thanks to the surge in real estate stocks in the A-share and H-share markets, the net value of our fund products has increased by more than 6% today. The net value curve for this year has finally turned from loss to profit."

"Yeah." Hearing Huang Qingyun's words, Men Xingtao nodded with a smile and said, "I knew that as the housing prices in offline cities continue to rise, this speculation will definitely blow into the financial market. As expected, the real estate sector, which is currently in an extremely undervalued state, is... This shows that the strategy we formulated before is correct, and it also shows that value investment will not be absent, but will only be late."

"Yes." Huang Qingyun responded, "Today's market trend has instantly pushed the real estate sector to the forefront of market discussion. I believe that as more and more funds participate in the real estate sector, and as more and more people discuss this sector and its corresponding domestic real estate stocks, more funds will realize the huge investment value of this main line field and the potential for market explosion."

"There is no doubt about this," said Menxingtao. "Funds always move towards profits. The investment value of this sector will definitely be continuously explored after funds are gathered."

"But the funds that actively pushed up the market today are really amazing." Huang Qingyun paused and continued, "They really didn't care about any selling pressure on the market and continued to push up. In the Hong Kong stock market, for the three stocks of Hengda Real Estate, Rongchuang Real Estate, and Jingcheng Holdings, this fund took in at least 15 billion chips in one day."

"If it weren't for this kind of investment, there would be no such market." Men Xingtao said, "And judging from the traces of market manipulation and market manipulation, the funds that attacked the real estate sector in the A-share market and frantically bought core real estate stocks such as Poly Real Estate and Kewan Real Estate should be the same funds that bought a large number of domestic real estate stocks in the Hong Kong stock market. In one day... the purchase volume of billions of funds is really a big deal."

"This amount of money must be from a large institution in the industry." Huang Qingyun said in confusion, "Which institution is buying so much and increasing its holdings in the real estate sector?"

"I don't know." Meng Xingtao shook his head and said, "You can't tell just from the board."

Huang Qingyun thought for a moment and said, "From the noise of the plate pulling and the rough and fierce method, it seems a little familiar!"

"You mean..." Men Xingtao's heart was shocked and he instantly had an idea.

Huang Qingyun nodded and said, "Considering the recent trend of reducing positions and taking profits in the 'new energy industry chain', there is reason to suspect that the main fund product 'Hua Yi Expedition No. 1' under the institution 'Hua Yi Capital' is aggressively building up positions in the real estate sector."

Men Xingtao thought about it carefully and nodded, "It really looks like the trading method of Mr. Su from Huayi Capital. In the entire market, only Mr. Su is so unreasonable when trading. He keeps buying stocks that he likes and keeps selling stocks that he doesn't like."

"Indeed." Huang Qingyun nodded. "Looking at the positions and purchases of this institution in the 'white wine' sector, we can fully feel the trading style of Mr. Su."

At the beginning of the year, the fund product 'Huayi Expedition No. 1' was launched.

Under Su Yi's guidance, he aggressively built up positions and bought leading stocks in the core industries of the 'white wine' sector.

That is, they bought in large quantities every day without thinking twice, until they bought first-tier liquor companies such as "Qianzhou Moutai", "Wuliangye", and "Luzhou Laojiao", reaching the maximum holding position of 4.99% and then stopped.

"But this is just our guess..." Meng Xingtao thought for a moment and said, "To really confirm that it is this institution, we have to look at the Dragon and Tiger List data after the market closes."

Having said that, he immediately turned his attention to the Dragon and Tiger list interface of the two cities.

And just as he was expecting and waiting.

At the same time, it is also being expected and waited by countless investors in the entire market, a number of active hot money groups, and other major institutional groups.

Soon, 5 o'clock in the afternoon arrived and the Dragon and Tiger lists of the two cities were refreshed.

The moment when the Dragon and Tiger lists of the two cities were refreshed.

When the eyes of countless investors in the market were instantly focused on the Dragon and Tiger List of the two cities, as expected... under the spotlight, the dedicated seat for the main fund product "Huayi Expedition No. 1", which has attracted much attention in the market, namely the "Huaxin Securities Magic City Financial Street Fuxing Road" branch, was prominently listed and was on the buying list of several core stocks in the two cities.