Rebirth of the Capital Legend

"Brother Liao, you have already bought a lot of popular stocks, and you have made a lot of money today. Are you still thinking of increasing your holdings?" Li Jinshi said with a smile, "Are you trying to make up for the profits you missed in the past six months?"

Liao Guoxiang laughed and said, "When the opportunity comes, we have to seize it, right? Besides, my little money and position size are nothing compared to those real big guys in the market. Look at Mr. Su from Huayi Capital, he is really awesome!"

He still remembers the stock market crash last year.

Mr. Su, the president of "Hua Yi Capital", who is now famous all over the world and well-known in domestic and international financial circles, is still a small speculator in the speculator circle of the A-share market.

It is still guiding market hot money and speculating on small-cap concept stocks.

Unexpectedly, just one year later, the other party had accumulated a fortune of over 10 billion yuan and became a major financial institution with great influence in the market.

"There's no need to talk about Mr. Su from Huayi Capital," Li Jinshi said. "Nowadays, his influence in the A-share market should be no less than that of the 'national team', right?"

"I'm afraid the 'national team' can't compare with him." Chen Guiyun said, "Now, as long as the 'Hua Yi Capital''s 'Hua Yi Expedition 1' fund buys the concept stocks, especially the core stocks that 'Fuxing Road' has confirmed to buy, they have become the stocks that various institutions and retail groups have concentrated on. This kind of influence and appeal... Can the 'national team' do it?

Let’s talk about the core theme of “big infrastructure” today.

If it weren't for Mr. Su from Huayi Capital publicly offering his seat at Fuxing Road and buying it in large amounts in the market.

This core theme may not be able to be hyped up.”

"The guidance of Huayi Capital has played a great role in the emergence of the core theme of the market," said Li Jinshi. "But I think whether a core theme can be finally established and whether it can form a continuous money-making effect is still determined by the ultimate combined force of the market."

"There is no doubt that Huayi Capital is the best promoter to guide the various funds in the market to work together." Chen Guiyun said, "You said that Mr. Su of Huayi Capital is really a legend. Since his debut, every investment he made, especially the heavy investment, has basically never failed."

"That's right." Li Jinshi nodded slightly. "From the initial dominance of the 'Teli A' market, to the subsequent 'Mei Yan Jixiang', to 'Huaguo Heavy Industry', 'Kewan Real Estate', Pingpu's gamble on the new energy industry chain, and this year's gamble on 'British referendum Brexit', the massive shorting of the British pound exchange rate, and the heavy positions in liquor, white appliances, and medicines at the beginning of the year... If you think about it carefully, every time this person makes a big move, he really makes a lot of money every time he leaves the market."

"When the time comes, heaven and earth are on the same side." Liao Guoxiang sighed, "There's nothing I can do. I can't envy it."

"I can only say that this man is truly amazing." Li Jinshi continued, "In just one year, he earned tens of billions of dollars from the financial market. Looking back at my country's financial history, Mr. Su from Huayi Capital should be the only person who has created such a wealth myth, right?"

"It's indeed the only one." Chen Guiyun said firmly.

"This is not the most frightening thing." Liao Guoxiang said, "The most frightening thing is that this person can adapt to various investment models in the financial market and is quite proficient in them.

I remember when this person just founded the institution "Hua Yi Capital" and raised funds for the main fund product "Hua Yi Expedition No. 1".

I guess not many people in the industry are optimistic about it.

Therefore, it is not difficult to subscribe to the fund product "Huayi Expedition No. 1" when it is raising funds.

Because no one is sure whether this person, after taking charge of 100 billion yuan in funds, will still have the same keen market sense and investment flexibility as before, and will still be able to create such exaggerated results as before.

After all, the 'Zexi faction' was collapsing at that time.

But look at you now...

The performance of the fund product "Huayi Expedition No. 1" has already been the best in the entire domestic private equity circle.

Moreover, this person is in charge of a fund scale of 100 billion.

He resolutely did not choose the previous trading model, nor did he follow the path of the previous "Zexi Group" that used insider information to gamble on restructuring stocks and seek excess market returns. Instead, he chose the so-called "value investment" path that countless people claim to be the right way to invest.

What is even more surprising is that he actually managed to find his way through this road.

After changing his trading ideas and trading model, this guy actually achieved several times the performance in the so-called "value investment" in the weak market trend for more than half a year. It's outrageous."

"The key is that this person is still so young." Chen Guiyun said, "I can't imagine what he will achieve in the future."

Just as the big speculators of the "Fushan Group" were sighing at the performance myth and wealth miracle created by Su Yi...

At this moment in Shanghai, inside Huayi Capital, in the main fund trading room of Huayi Expedition No. 1, Su Yi stood with his hands behind his back, staring at the big screen of the market, smiled and said, "The market is actually diverging in the direction of 'SOE reform'. Some funds in the market are still smart!"

"'Infrastructure' plus 'SOE reform', there is still room for speculation." Hou Baolong, who was accompanying Su Yi, responded, "If we dig along the line of 'SOE reform', the main line of the market will have depth, but in this case... it will be even more difficult for us to continue to add positions."

Su Yi smiled and said, "It's okay. As the market depth increases, the accumulated funds will be relatively spread out, and various opportunities for switching between high and low will appear in due course. Differences may turn into consensus, and consensus may turn into differences. We just have to wait patiently, there are plenty of opportunities."

In fact, the current overall position of the "Huayi Expedition No. 1" fund product has reached 80%.

When only 20% of the positions are left vacant.

In the short term, whether or not to continue to increase holdings will not have a significant impact on the net value performance of the fund products.

Furthermore, the current net value performance of the "Hua Yi Expedition No. 1" fund product has already led the way among fund products of the same level, and has also achieved the annual performance target set by the company at the beginning of the year. Therefore, whether it is net value growth or position arrangement, Su Yi has no urgency in his heart.

As for those investors who have invested in the "Hua Yi Expedition No. 1" fund product.

There is even less rush.

"Okay." Hou Baolong responded, thought for a moment, and continued, "But Mr. Su... we can allocate more positions in the Hong Kong stock market. I think compared with the A-share market, the domestic real estate stocks in the Hong Kong stock market may have a higher cost-effectiveness, more explosive power, and a lower valuation."

"Okay, no problem." Su Yi nodded slightly, "Just follow your strategy."

After the main investment strategy was formulated, Su Yi naturally didn't want to interfere too much with such small-scale position adjustments.

Hou Baolong got Su Yi's approval and nodded hurriedly, then began to instruct the trading team members to shift their positions to the Hong Kong stock market.

And traders continue to buy from time to time according to the market trends.

Soon, the market trading time came to 11:30 am, and the A-share market ushered in the lunch break.

After half a day of fierce trading, the Shanghai Stock Exchange Index was fixed at a 1.78% increase, while the ChiNext Index was fixed at a position just barely in the red.

The overall market trend...

In the main field of "big infrastructure", sectors such as real estate, construction, nonferrous metals, steel, and coal are still the main directions for the main funds and active speculative funds in the market. Then, near midday, the main theme of the "state-owned enterprise reform" concept moved across the board, leading to the speculation of restructuring concepts and shell stock concepts.

"The real estate sector is amazing. It keeps rising unless you chase it."

After the midday close, facing the continued explosive trend of the market's "big infrastructure" main line, some retail investors gathered on the online stock investment discussion platform could not help but sigh.

"The increase is quite impressive, but there is no good buying point, so I can only chase highs."

"If you didn't buy at such a good buying point a few days ago, what else can you do if you don't chase the high now? In the entire market, except for the popular main line of 'big infrastructure', the others are simply terrible."

"Alas, my portfolio is fully invested in technology stocks. The market continues to rise, but it really has nothing to do with me. I am so angry."

"Mr. Su is really amazing. When Mr. Su's Fuxing Road stock appeared on the real estate stock buying list a few days ago, I immediately followed up and bought shares in media and technology stocks. I bought shares in Gemdale Group and now it has recovered by almost 20 points."

"Awesome! This transformation is really decisive."

“In a bear market, if you see something is wrong, you must cut your position decisively, otherwise… there will be a continuous decline.”

"Indeed, a short pain is worse than a long one. You still have to be ruthless enough to give yourself a blow."

"It's really hard to have no positions in the main line of 'big infrastructure' now. The rise of the market has nothing to do with me. If the market falls, the stocks I hold will fall even more."

"Even without the broader market falling, the entire technology sector is already in a very bad state."

"Oh my god, the Capital Group was sold out. I feel like this check is going to be the leader of the rebound of the entire real estate sector!"

"I made a profit by selling it, but I didn't even make any profit!"

"It's so painful. Is it too late to cut positions and chase real estate and the main leaders of 'big infrastructure' now?"

"The core leaders of the rebound have all reached their daily limit, right? Now I can't buy them even if I want to. There are only core large-cap weighted stocks, but the elasticity of weighted stocks seems to be very limited!"

"That was in the past. We can't think the same way now."

"Indeed, it feels like the market is only seeing big stocks rising, while small-cap stocks have basically run out of liquidity."

"Alas, it feels like the market style has completely changed!"

"It's not that the market style has changed. It's that after the active major speculators in the market withdrew in large numbers, the major institutional funds began to gather together. And the areas where the major institutional funds gather together are the large-cap stocks with high weights, right?"

"Yes, look at how well Moutai has risen over the past six months."

"The liquor sector is really not bullish in a bull market, but in a bear market, it has been growing wildly and setting new highs."

"And there is no opportunity to buy on the pullback at all. It really goes against the bull market's upward trend. It can't be more bullish."

"How does that sentence go? I ignored you before, but now I'm really out of your reach."

"It is impossible to chase highs, so I can only be forced to continue playing dead. As long as I don't sell, the main force can't sell me."

"Don't you feel that the main hot topic of market speculation is developing in the direction of 'SOE reform'? I feel that the main topic of 'SOE reform' in the afternoon market is a good opportunity!"

"'SOE reform'? It seems to be true!"

"This line seems to be the latest hype. I can give it a try. Anyway, I don't dare to chase the hot stocks in real estate, nonferrous metals and coal that are already at high levels."

"If you want to buy stocks, you should buy the leading stocks. In a bear market, the strong will always be strong, and the weak will always be weak. The leading stocks in the main line of 'big infrastructure' have only risen by two daily limits, not even three daily limits. How can they be so high? Moreover, the market sentiment on the main line of 'big infrastructure' is relatively consistent today. We continue to be optimistic that the main line of 'big infrastructure' will continue to ferment in the afternoon and make money in the market at a higher level."

"Indeed, only when the leading edge opens up to a high level and gathers enough money-making effects can it bring about a sustained market trend."

"Anyway, there is definitely a rebound here, that should be correct, right?"

"That's how I see it. As for how the market will develop, only God knows."

"I feel relieved when I see that many people are still bearish. As the saying goes, buy when there is disagreement and sell when there is consensus. Since everyone has quite different views on the market at this time, it means that this rebound can continue."

"But there are risks in chasing highs at this time, right? If you ask me...if you are really optimistic, you can wait for a pullback before buying."

"Wait for a correction? By that time, I don't know how much the stock price has risen."

"How much can it go up? This is not a bull market."

"Anyway, in the current market environment, I will never chase any stock that has a short-term gain of more than 20%. No matter how high it goes, there are so many stocks that are oversold at low levels. Which one of them is not a bargain?"

"Haha, in a bear market, the amount of active funds in the market is extremely limited. And it is precisely because of this that it is impossible to take care of all the stocks in the entire market, which leads to a market situation where the strong get stronger and the weak get weaker. This is also the reason why the entire 'big infrastructure' main line siphons funds from other main line sectors in the market. At this time... you either don't buy stocks and continue to short, or you have to chase the core main line sectors where funds are concentrated and speculated in order to make a little profit. Continuing to bottom-fish out unpopular oversold stocks will probably only result in even greater losses."

"Fuck, it's true. The stocks you think are oversold can still fall further, and the high-priced stocks you think you dare not chase can still reach new highs."

"So, we have to chase after it."

Time in the market passes quickly amid the heated discussions among a group of retail investors.

In the blink of an eye, the lunch break was over and at 1 p.m., the two markets ushered in a new bidding trading session.

After an hour and a half of emotional brewing at noon, as soon as the market opened and the two markets began to jump, the "big infrastructure" main line that performed strongly in the morning, and the "state-owned enterprise reform" concept theme that moved abnormally near noon, were further snapped up by various active capital groups in the market, and related concept stocks continued to rise in volume.