Rebirth of the investment era

Wang Can paused and then continued: "After Teacher Yao was disfigured, she became very taciturn. It seemed that she seldom communicated with others except at work. I sometimes met her many times when I went to and from get off work, but we I didn’t even say hello, and basically didn’t talk.”

"It's Teacher Yao's daughter..."

"This little loli is five or six years old. She is very beautiful and cute. I even bought her candy."

"By the way, Su Yu..."

"Why are you looking for Teacher Yao? Now Teacher Yao is not the famous Teacher Yao we used to have in school. The scar on her face sometimes looks a little scary to me, but I guess, Compared to the scar on his face, the scar in Teacher Yao’s heart should be more frightening.”

Su Yu listened to him talking about some things about Teacher Yao and replied: "Anyone who encounters something like that will definitely not feel comfortable. By the way, where do you grow up and what community do you live in? After we graduated, we also We haven’t seen each other for two years, I’m coming to Changshu this week, let’s get together.”

"Tch...you don't want to see me!" Wang Can replied knowing what Su Yu was referring to.

But having said that, he thought about it and gave Su Yu the address.

"See you on Saturday." Su Yu replied with a smile, and then said, "Just in time, don't you want to come to Yuhang to find a job? How about I introduce you to one?"

"What kind of job?" Wang Can asked curiously.

Su Yu replied: "What do you think of the fund business team leader of a private equity institution, or the trading team leader?"

"Okay!" Wang Can replied, but after thinking about it, he felt that Su Yu didn't seem to be telling the truth, so he couldn't help but continue to ask, "Real or false?"

Su Yu replied: "If you are willing, it will naturally be true."

"Awesome!" Wang Can praised one word, and then said, "Su Yu, it seems that you have done well in Yuhang in the past two years. You can actually arrange the work of the private equity agency just as you say."

"It's not a big deal." Su Yu said, "Now there are countless private equity institutions in the country like a sky full of stars."

"Having said that, there are still many people flocking to it." Wang Can replied, "You can keep these two jobs for me. If you can really arrange them, come and get familiar with me, I will treat you to hairy crabs, and... Yao I'll also keep an eye on the teacher's place for you to see if I can get your contact information."

"Okay, it's settled." Su Yu replied with a smile.

Wang Can chuckled and replied: "What's not said is settled!"

After saying that, the other party said that he was off work and went offline, so the two of them stopped chatting.

Su Yu turned around and checked the chat history in the group. At this time, Li Meng had come back and brought him a cup of milk tea, some home-cooked dishes, lunch boxes and the like.

"I have already found out Teacher Yao's address."

While Su Yu was eating, he chatted with Li Meng and talked about "Yi Chuang Planning" and Teacher Yao.

"Wang Can?" Li Meng heard the source of Su Yu's information, and everything about this name flashed through his mind, "I didn't expect that he actually lived in the same community as Teacher Yao. This is really hard to find. , it took no effort to get it, it’s really yours!”

Su Yu chuckled and asked, "How are you doing over there?"

"Everything went well. Now the company's various filing procedures and corresponding qualifications have been completed." Li Meng said, "The current regulatory policy is still very loose for the registration of private equity institutions, whether it is the business of the Industrial and Commercial Administration Office It is not difficult to pass the relevant filing instructions of the securities industry and the Fund Industry Association, but... is it inappropriate for you to put the corporate legal person on me?"

"It's okay, aren't you also a shareholder of the company?" Su Yu chuckled.

"I'm afraid you want to find someone to take the blame for you." Li Meng muttered, "But it doesn't matter, I'm already on your pirate ship anyway."

"Haha..." Su Yu laughed and replied, "Don't worry, it's nothing, I just want to trouble you."

The two chatted for a while, and Li Mengmeng thought about it, and then said: "I tried to contact several previous clients today to get some funds for our first fund to be established, but the result was not ideal. Originally, I When I tested them before, they all agreed, but unexpectedly... when it came to the end, they started to change their mind."

"It's not their fault." Su Yu said, "The market capital has been a bit tight recently."

"Speaking of this, I feel it." Li Meng said, "I heard that in the sales department, several major customers have cleared their positions in the past few days, and the existing trading funds have seriously declined. There is also the Industrial and Commercial Registration Office, which handles company registration. , there are so few people available, and you have to queue up to cancel your company, which shows that the economic situation is not good!"

"Temporary." Su Yu said, "The market vitality is still there. The current ebb of market funds is only due to the crazy release of funds by financial institutions in the first quarter and the misjudgment of the central bank's financial decisions. The real situation, you can see Looking at the transaction volume of major online shopping platforms, we can understand that although the current economy is temporarily depressed, the domestic consumption potential is still huge, but this force is shifting from the traditional economic field to the emerging economic field."

"and……"

"If you look at the current hot Internet financial management, those P2P platforms, under the macro policy of 'financial innovation', have a terrifying ability to attract money."

“The platform has been established for a few months, and hundreds of millions or billions of funds have been transacted at every turn.”

"This explosive power is enough to illustrate the vitality of private funds and the fact that the broad masses of the people still have considerable savings, and this..."

"It forms the basic foundation for the economy to continue to rise and support the bullish market in the future."

“Essentially speaking, under the premise that the emerging consumption concepts have not fully affected the current society and the ideological concepts of the post-70s and 80s generation who serve as the backbone of money-making forces, as the emerging consumption concepts continue to deepen, with the current relatively abundant savings If funds flow into the market, the resilience of the economy and the stock market will be relatively strong."

"I hope so!" Li Meng nodded softly after hearing Su Yu's analysis, "The current popularity of 'Internet finance' is truly astonishing. The overall market's ability to attract money and the industry's scale growth are also truly jaw-dropping. But I always feel that... this so-called activation of 'private financial vitality' is actually more like using a 'Ponzi scheme' to plunder private wealth, and in the end... I'm afraid it won't end well."

"Well……"

Su Yu was a little surprised by Li Meng's forward-looking views, and replied: "If you don't understand, let's just leave it alone. Although I don't know that under the banner of 'financial innovation', they are actually a platform for private loan sharking, and the result will be No, but it’s a good indicator of the potential of the ‘private economy’ and the sentiment of retail investors chasing profits.”

"At the same time, this just proves..."

"As long as the market has enough money-making effects, even if many people can't understand the model, they will rush in with money."

"Yes!" Li Meng nodded and said, "It is human nature to pursue advantages and avoid disadvantages, and it is also a very simple way of trading."

"Indeed!" Su Yu chuckled.

As the topic continued, the two chatted for a long time before washing and resting separately.

The next day, Thursday, June 6, Su Yu woke up. Just after breakfast, he received another call from the bank. The other party took the trouble to sell him financial products and large-denomination certificates of deposit business.

Su Yu hung up the phone impatiently.

Then he added the number to the blacklist, then sat in front of the computer, browsing the morning news and waiting for the stock market to open.

After a night of market fermentation, banks' overnight repurchase rates and interbank lending rates have both risen.

But it's still within control.

In the relevant information, there is no panic information about banks' money shortage. As for the more serious financial institutions' fund default information, there is no trace. This shows that the market's money shortage phenomenon originated from the banking industry. Although various signs have been shown, it has not yet reached the point where it has fully erupted and spread from the inside to the outside, making the market aware and aware of it.

Of course, the so-called "duck prophet of spring river water warmth".

As internal investment funds of financial institutions, as well as public funds and self-operated funds of securities firms, there are also a few keen insider channels of hot money funds.

It was obvious that something was wrong with the market.

Therefore, the "big financial" sector of the market has been bucking the trend and falling for a month, with funds continuing to flow out and the trend seriously breaking down.

As for not having the advantage of information channels...

It is also impossible to deduce from the various detailed changes that external corporate loans have been tightened and bank financing channels have become extremely difficult to deduce that bank funds are tightening and the market's "money shortage" phenomenon is looming for various funds and ordinary investors.

It also harbors the idea that bank stocks are seriously undervalued and the market valuation is depressed.

It is doomed to face serious floating losses in the coming time and the fate of being continuously harvested by the market.

In addition to banking information and information...

Su Yu continued to check the 'Internet Finance' and various off-site information related to the Shanghai Steel Association.

Under the two banners of 'financial innovation' and 'financial technology', over-the-counter benefits related to 'Internet finance' are still emerging one after another. The growth of P2P market size and the ability of the entire industry to attract money are also increasing. As always, it refreshes everyone's understanding.

As for the Shanghai Steel Federation's check, it was after the line of the 'Fuxing Department' was drawn.

Now, everyone has also given it a new conceptual meaning, calling it a "leading enterprise in financial technology information services", and given it the expectation that it will turn to a P2P financial management platform in the future with the support of "Fuxing Department" capital.

Coupled with the market sentiment and attention accumulated by its six consecutive daily limit increases.

When 9:15 arrived and the market call auction began, the stock price of Shanghai Steel Union changed directly from 15.30 yuan to the daily limit of 16.83 yuan, still showing a strong state.

Su Yu stared at the changes in his collective bidding orders and did not make any placing orders.

After Shanghai Steel Union crosses the fifth board, there will be a new market space for highly connected stocks. At this time, how to proceed depends on the combined efforts of market funds.

There was nothing he could do while he was on the field.

It is even more impossible to do T and guide market sentiment at this height like before.

After all, after crossing the 5th board, it is already an absolute risk area.

Even if the Shanghai Steel Union has gathered extremely high popularity in the market, there is no shortage of liquidity, and it has gathered the market's main short-term funds to "offensive instead of defensive" as a hedging attribute, forming an atmosphere of joint efforts in the market, but as long as in this Sometimes, if a weak mood is revealed, the funds from all walks of life that work together to make orders will retreat.

Therefore, he is already in the field, holding tens of millions of chips.

Then it is impossible to maintain the mood during this period after the market crash, and then rely on one's own efforts to drive the Shanghai Steel Federation to continue to open up space.

We can only wait and see what happens, waiting for the Shanghai Steel Federation to consume the last wave of emotional climax.

It’s time to show up.

In other words, at this time, Shanghai Steel Union has reached this point and can only take advantage of the rising market sentiment to move towards an increasingly consistent accelerator board and accumulate the following sentiment to the peak.

Then...there will be a violent change of hands at the end of the market.

According to Su Yu's logical deduction, the Shanghai Steel Federation's collective bidding has always maintained a strong state.

It was not until 9:19 that the price limit of the call auction was opened due to the withdrawal of many funds, and the increase fell to around 8%.

And after 9:20...

The combined force of market funds appeared again. After briefly falling to a 7.5% increase, the stock price of Shanghai Steel Union slowly climbed up with volume.

Finally, at 9:25, when the bidding ended, the price was set at an increase of 7.93%, which was quite a strong opening.

"Isn't it? How can you still be so strong at the 7-board mark?"

In the atmosphere where the three major indexes continued to open slightly lower, someone in Su Yu's main hot money group sighed incomprehensibly: "It is said that the 7-board height is a fatal disaster for the bear market concept speculation. Funds will follow the trend here. It appears to be very weak, and the differences will be huge. How come the stock of Shanghai Steel Union does not behave like this at all? Look at the situation...the call auction trend and the opening status, it is obvious that it can be listed!"

"The market is still too weak, and the Shanghai Steel Union is too prominent. The money-making effect it has gathered makes it difficult for even those who know the countless funds in these risk areas not to buy." Someone replied, "The peak of emotions is like It's a trick. Even if you know that the risks here are extremely high, you just can't help but be motivated by the money-making effect. And... usually people in the market are smart people, and they all think that the one they take will not be the last one. "

"No one is betting heavily on this position, right?"

"From the data on the Dragon and Tiger List yesterday, we know that no one is betting heavily, but even if it is a test with a light position, with the small circulation of this stock and the gathered popularity of the entire market, with the combined efforts of all the funds, it is enough It is heading towards the daily limit. Speaking of which...Shanghai Steel Union is really the only stock in the market this year that has reached the height of the sixth board and can do so beautifully."

"Brother Su has really made a lot of money this time. I'm really jealous."

"Making so much money is also due to their strength. I can't envy you. Now that I am in such a high position, I don't dare to buy too many chips. I can only follow suit and see what happens to the Shanghai Steel Federation!"

"The overall market expectations are very bad, but the sentiment expectations for Shanghai Steel United stock have clearly reached their peak." During the discussion, Sun Yu said, "It is often true that the market booms and then declines. Shanghai Steel If the Lian 7 board is still accelerating, then it is estimated that the end of the market is not far away."

"Brother Sun means that we can rebound in other sectors?"

Sun Yu paused for a moment and continued: "We have to continue to observe and observe, and wait patiently for the signal that the market will stop falling. The seesaw effect of the current market still exists, but it is just that the seesaw effect of the main board and the GEM has been transferred to the two cities and the GEM. The Shanghai Steel Union stock is on the rise.”

"Of course, this also proves that the market is still very weak at the moment."

“Except for the monster stock that came out of Shanghai Steel Union, the main funds from all walks of life have no idea what to do, and if they do it, they can’t accumulate the following effect and create a profitable market. On the contrary, if they are not careful, they will lose themselves. Bury it in."

While everyone was discussing, 9:30 arrived.

Thanks to the ultimate money-making effect of Shanghai Steel Union, even though it hit the 7-board height, it still managed to hold on tenaciously.

Then within 10 minutes of a violent change of hands, it was listed again, achieving its seventh consecutive daily limit.

"It's accelerating!" Su Yu stared at the daily limit of Shanghai Steel Union, watching the trading volume since it reached the 5-board divergence, gradually shrinking in the past two days, knowing that the sentiment of this stock had reached its peak and entered an accelerating period. In the tail market stage, he secretly said, "Since the market has entered the shrinkage acceleration stage, then... as long as the market shows signs of rebound, the various risk-averse funds gathered on this stock should retreat and switch between high and low, and then Other stocks, like this...this wave is still 10% to 20% away at most, and it should be over.”

but……

Su Yu paused and thought again, in the atmosphere of 'money shortage' in the market.

In order to cope with the internal funding crisis, various financial institutions will continue to withdraw funds from the stock market before the central bank takes action. Even if the market rebounds briefly from oversold, all the funds gathered in the stock of Shanghai Steel Union will be withdrawn. Switching to other sectors, I am afraid that it will be difficult to create new money-making effects and sector popularity in the context of continuous tightening of macro funds.

In other words, before the arrival of the July node when the central bank releases liquidity, the phenomenon of "money shortage" in the market is increasingly shadowed.

The market will not bottom out easily.

There are not that many active funds in the entire market to support the sector's rotation.

Therefore, even if the Shanghai Steel Union comes to an end in the short term, I am afraid that after a wave of drastic adjustments, in a situation where no other stock in the market can quickly gather funds and popularity, this monster stock will most likely still be around due to the helpless choices of many short-term funds. There will be a second wave of more spectacular market conditions.