Rebirth of the Capital Legend

"Yes!" Hou Baolong nodded in response, "I originally thought that the spread of the market would be gradual, but I didn't expect... the market would completely diverge in just one weekend. But this is also good, at least after the mood rises, investors' confidence in the market will gradually recover, thus brewing a more sustainable market trend."

"However, the market sentiment is fermenting so quickly that it may have some adverse effects on our trading plan." Wang Yongkang, the trading team leader in charge of the Hong Kong stock market, took over and said, "There are more and more funds bidding against us on the market now. Mr. Hou, Mr. Su, I think we should change our strategic plan?"

"What do you want to do?" Su Yi looked at Wang Yongkang and asked.

Wang Yongkang said: "We will continue to buy chips after this wave of emotional speculation. The main line of 'real estate' is a long-term investment main line. The purpose of our position building is not to make short-term market stock price differences in the speculation of three or two days, but to look ahead to the next one or two years and seek several times or ten times the expected increase.

Therefore, I think there is no need for us to face the hot market sentiment at this time and compete for chips with the gathering of hot money and active retail investors.

When the market sentiment passes, the short-term funds' chasing sentiment for the "real estate" sector will subside.

We can use the chips in our hands to suppress the market when the short-term sentiment ebbs, and sell a small amount of chips in a timely manner. There is a high probability that we will get a better opportunity to enter the market and build a position than now, and we will also get cheaper chips. "

"Your strategy is not bad." After listening to his analysis, Su Yi smiled and nodded slightly, "Indeed, the investment logic of long-term and short-term is completely different. In investment, we still need to look at the long-term. Since our expected investment cycle and holding period is one year or even more than two years, there is no need to compete with the active capital group in the market that is currently speculating on short-term expectations."

"So... Mr. Su agrees with the strategy I mentioned?" Wang Yongkang said happily.

Su Yi responded: "I think the strategy you just mentioned is quite good. Since we have already established some base positions and have a certain degree of dominance and initiative in the market, we should do so."

"However, Mr. Su..." Hou Baolong could not help but remind him, "If we follow Xiao Wang's strategy, the time period for us to build positions in core sectors such as 'real estate', 'coal', 'steel', and 'nonferrous metals' may be extended a lot."

Su Yi chuckled and said, "It doesn't matter. The transformation of industry fundamentals, the bull market progress of the property market, and the definite trend direction cannot be completed in just a few trading days, or one or two months. From the perspective of industry expectations... the current future expectations of real estate, steel, coal, nonferrous metals and other sectors are just signs of a change for the better, and there is a possibility of a change in industry expectations.

But this whole shift in expectations, as well as long-term market conditions and performance.

The uncertainty is still very high.

With such uncertainty, the market will not be able to form consistent expectations in a short period of time. Since there is no consistent expectation, it will be impossible to develop a continuous upward consistent market trend.

In other words, we have plenty of time now.

Now, let the short-term capital group in the market speculate.

At this time point and this position, since there is no suitable opportunity to build a position, we will continue to wait. As an outstanding investor, patience is the most important ability. "

"Got it." Hou Baolong nodded, and immediately turned his gaze to Wang Yongkang, saying, "In that case, Xiao Wang, you should execute the strategy that President Su just mentioned."

"Okay, Mr. Hou." Wang Yongkang responded immediately.

Then, the corresponding trading instructions and overall trading strategies were conveyed to other team members.

Along with Huayi Capital, the main fund product trading group of Huayi Expedition No. 1 gave up the aggressive follow-up in core sectors such as real estate, nonferrous metals, coal, steel, and corresponding core stocks.

For a time, the trends of the leading stocks in these major core sectors in the market slowed down slightly.

"Eh... after the initial surge, it feels like buying is waning for a while!"

Noting that in the two markets, the core stocks of real estate, coal, steel, and nonferrous metals, which were attacked by various funds in the early trading, saw their intraday trading volume and active buying power decline. At this time, Chen Guiyun, one of the main speculators of the "Fushan Group", said with some surprise: "It seems that the investment confidence of the market has not been effectively restored. Many funds are unwilling to continue to chase high prices at this position."

"There is no way. If you don't have enough confidence, it will be difficult to achieve the expected market height." Li Jinshi took over and said, "Besides the continuous increase in volume in the first 20 minutes of the morning session, the subsequent market trading volume has obviously shrunk again. According to this volume result... I think we may have to lower our expectations for this rebound triggered by the real estate sector."

"The buying of several core stocks in the real estate sector has declined too quickly!" Liao Guoxiang, a core figure of the 'Fushan Group', could not help but frown and said, "Could it be that the funds of 'Huayi Capital' have given up on continuing to buy on the market?"

"It shouldn't be the funds from Huayi Capital, right?" Li Jinshi said, "I think the most critical factor is the overall market volume. The investors who are still active in the market are basically old stockholders. These guys... are not so easy to fool.

And because in the previous six months, the market had experienced too many ups and downs, and too many high openings and low closings.

This has led to more and more investors chasing high prices and getting trapped.

This has naturally formed a trading discipline in the minds of many investors who are still active in the market. This trading discipline has naturally resulted in many main-line concept stocks such as real estate, steel, coal, and nonferrous metals that have the potential to hit the daily limit, but no funds are willing to follow suit, and no hot money is willing to chase high and push the price up to the limit. "

"A hesitant market won't go far." Chen Guiyun said, "I thought I could earn money in a few days, but I didn't expect... Well, since this is the trend, and the market volume can't be expanded, I won't continue the pattern. I'll take some profits first.

Having said this, he did not wait for Li Jinshi and Liao Guoxiang to respond.

Immediately, half of the chips that had been followed up yesterday were sold on the stock of Pingmei Energy, which had risen by more than 7 points during the trading session and was just one step away from hitting the daily limit, thus locking in part of the profits.

And as he took the initiative to sell to take profit...

Li Jinshi hesitated for a moment, and couldn't help but sigh, then began to sell chips to lock in profits.

Only Liao Guoxiang continued to keep a close eye on the changes in the market and did not respond for a while. He always felt that the current market situation was quite strange, and it seemed that the funds that intervened last week were deliberately guided to actively sell their chips.