Rebirth of the Capital Legend

"The market sentiment for going long is very weak now," Bao Yongquan said. "If the core long-term fund group in the market has weaker expectations for the main line of investment in the 'new energy industry chain'... I'm afraid it will be difficult to have a sustained independent market trend in the future. I'm wondering... do we need to reduce our positions on this main line to avoid a sharp pullback that may be caused by changes in expectations?"

"It is difficult to predict the short-term trend of the market," said Yang Shengfan. "Whether or not to reduce positions depends on the main line of the 'new energy industry chain', especially the changes in demand in the entire 'new energy vehicle' market, in order to make a more prepared investment strategy.

And it’s obvious…

Judging from the current development status of the entire "new energy vehicle" market and market demand.

The sales data of "new energy vehicles" in the most recent quarter, whether compared with the previous quarter or the same period last year, showed a clear growth trend.

This shows that the demand in the entire "new energy vehicle" market is still growing explosively.

Even though there are many chaotic phenomena in the current market, and many enterprises and companies are suspected of fraud, the fact that the scale of market demand is expanding cannot be changed.

Since market demand continues to explode and expand.

It is obvious that the companies in the relevant industrial chain and the upstream and downstream demands will all be in an expanding and rising trend.

Moreover, the market price changes of products such as 'lithium carbonate', 'lithium hydroxide' and 'lithium hexafluorophosphate' in the past quarter also show a continuous upward trend.

And the current upward price trend shows no sign of stopping.

This is the fundamental situation of the industry and industrial chain.

Let’s look at the core enterprises in the corresponding industries, which are the target companies that our fund focuses on holding.

Its operating data can also be tracked emotionally. Compared with last year and the previous quarter, it is continuing to improve. For core industry chain stocks such as "Tianqi Lithium", "Ganfeng Lithium", "Dofluoro"..., it can be expected that the performance this year will definitely increase significantly.

Of course, this is due to the excessive speculation of various funds on the "new energy industry chain" over the past six months.

The share prices and valuations of these core stocks are no longer cheap.

But it is obvious that factors that affect changes in stock price trends, such as industry expectations, company fundamentals expectations, performance expectations, etc., are still growing.

In other words, looking to the future, the investment expectations of the main line of "new energy industry chain".

Even hype expectations exist.

Consider these factors and conduct analysis.

We can easily come to the conclusion that this is not the right time to reduce positions and take profits on core stocks related to the 'new energy industry chain'.

However, abnormal market movements must be a cause for concern.

Today, the core stocks related to the 'new energy industry chain' plummeted against the trend, which should also arouse our vigilance. "

"Based on the industry fundamentals and the expected performance direction of many core companies in the 'new energy industry chain' this year..." Bao Yongquan took over Yang Shengfan's words and said, "It is certain that the 'new energy industry chain', the core market theme, still has investment value and speculation opportunities.

However, the trend of many core stocks plummeting and even hitting the limit today is obviously abnormal. We can only look at the Dragon and Tiger List data of related stocks today.

If it is because the funds that intervened in the early stage have taken profits and stopped making profits, or as you said, Mr. Yang... it is due to the passive reduction of positions of a certain fund.

Then, we can continue to hold the relevant core stocks of the "new energy industry chain".

Waiting for the subsequent trend to recover.

But if the main fund that has been dominating the trend of this core main line and has a large holding volume has actively reduced its holdings, then I think we should still follow suit and reduce some of the chips to avoid subsequent adjustments to this main line and control the net value retracement of our fund products.

And in order to make the net value of our fund products have a smoother trend.

We should also take the initiative to choose the timing.

Even if we analyze from various aspects, the core theme of "new energy industry chain" has not yet reached the turning point of industry demand decline, and it is not the time to reduce positions, or clear positions to stop profits.

However, we use necessary timing to reduce the cost of fund holdings and improve the net value trend.

I think it is still necessary.”

"Okay." After listening to Bao Yongquan's analysis, Yang Shengfan thought about it, nodded, and said, "Let's take a look at today's Dragon and Tiger Ranking data first."

Having said that, he turned his attention to the public interface of the Dragon and Tiger List data after the market closed.

After a heated discussion between Yang Shengfan and Bao Yongquan, they were looking forward to the release of the Dragon and Tiger List data of the two cities, hoping to detect from the Dragon and Tiger List data the main funds that were responsible for today's large-scale selling of the core market line of "new energy industry chain", which caused this core line to fluctuate violently.

In the entire A-share market...

The main fund trading departments of other institutions that are still active in the market, as well as a number of hot money and retail investors active in the market, are also looking forward to the release of the after-market Dragon and Tiger List data.

Just as everyone was looking forward to it, at 5 pm, the Dragon and Tiger list data of the two cities were announced.

When countless pairs of eyes in the market were staring at the data of the Dragon and Tiger List of the two cities that had been made public, especially when everyone saw that "Tianci Materials", "Yinghe Technology", "Penghui Energy", "Dangsheng Technology" and other core high-performing stocks in the "new energy industry chain" trading list that had hit the daily limit today, the "Huaxin Securities Shanghai Financial Street Fuxing Road" branch once again appeared on the Dragon and Tiger List of the two cities after more than half a year, and everyone instantly showed an extremely surprised look.

Whether it is the main institutions, various market speculators, or a group of retail investors.

No one expected that the fund product "Huayi Expedition No. 1", which has always been firmly optimistic about the core theme of "new energy industry chain", has always held heavy positions in this core theme area and dominated the market of this core theme, would at this time, at this time point, significantly reduce its positions in the core theme of "new energy industry chain".

"Oh my god, it's actually the fund of 'Huaxin Securities Shanghai Financial Street Fuxing Road' that is actively selling its chips." After seeing the disclosed data of the two cities' Dragon and Tiger List, Bao Yongquan's eyes widened, and his face was extremely surprised. "Boss Yang, looking at this situation... Huayi Capital's 'Huayi Expedition 1' investment fund is going to sell off its chips on a large scale to stop profit on the main line of the 'new energy industry chain'!"

The look on Yang Shengfan's face at this moment was also extremely surprised.

He never expected that the funds for the massive selling of the core stocks of the main line of the "new energy industry chain" today were actually the main funds of the "Hua Yi Yuan Zheng No. 1" that had been continuously long on this core line and guided the market trend of this main line, gathering a large number of retail investors and hot money to speculate on this main line market. (End of this chapter)