"Holy crap, it turns out the main capital dominating the real estate sector's rally today was President Su's seat at the Huaxin Securities Shanghai Financial Street Fuxing Road branch! No wonder the market explosion was so fierce. President Su's style of manipulating the market and guiding sentiment is truly as sharp as ever."
Seeing that the Huaxin Securities Shanghai Financial Street Fuxing Road branch seat appeared on the buying lists of several core real estate stocks—such as Gemdale Group, Financial Street, and China Fortune Land Development—on the disclosed Dragon and Tiger Lists of the two exchanges, Xu Qiao couldn't help letting out a gasp of astonishment inside the Shanghai Ultra-Short Band major hot money group chat.
"Look at this buying volume from the 'Huayi Expedition No. 1' fund product under President Su's Huayi Capital..." Old Zhang in the group responded. "Could today's mainland property stock rally in the Hong Kong market also have been driven by President Su? What is President Su trying to do here? Is he ditching the 'new energy industry chain' to fully embrace the real estate main theme?"
Hearing Old Zhang's words, Lao Wu pondered for a moment, smiled, and said, "It wouldn't be surprising if the mainland property stock rally in the Hong Kong market really was ignited by President Su."
"Looking at it this way, President Su is clearly planning to make a big move centered around the real estate sector main theme," Old Zhang said. "Great... It's been a long time since the market has seen a sustainable main theme emerge."
"It's not just the real estate sector main theme," Brother Chen said after carefully reviewing the Dragon and Tiger List data disclosed by the two exchanges. "Among the coal, steel, non-ferrous metals, and other 'black-series resource stocks' that made the list today, President Su's Huaxin Securities Shanghai Financial Street Fuxing Road seat is also present."
"Compared to the black-series resource stocks..." Xu Qiao said, "it's obvious that President Su's primary focus of attack is still the real estate sector."
"Overall, it should be the 'pan-real estate industry chain', right?" Lao Wu said.
Brother Chen paused and replied, "Judging from the divergence logic and trend inferences of today's market rally, the trajectory of the entire market movement is indeed revolving around the real estate sector."
"Since President Su has already pointed the way for everyone," Old Zhang said, "then we just need to keep our eyes on the real estate sector going forward."
"Even though President Su aggressively increased his positions in the real estate sector today, generating a certain level of market attention and following sentiment, this is still a bear market after all," Lao Wu noted. "Under the condition of extremely limited overall market liquidity, the sustainability of the real estate sector remains questionable for now."
"Even so..." Old Zhang countered, "I believe that with President Su leading the charge on the order books and guiding this main theme rally, the subsequent development of this main theme certainly won't turn out too badly."
"Generally speaking, the real estate sector still has expectations," Brother Chen said. "If this wave of sentiment gets ignited and market investor confidence can recover somewhat, there should still be a decent rebound opportunity worth playing."
"A rebound?" Xu Qiao was stunned for a moment, then asked, "Shouldn't we be looking at a reversal?"
"Is there any logic for a reversal?" Lao Wu asked.
Without much thought, Xu Qiao replied, "How is there no logic? Housing prices in major cities offline have generally risen by 20% to 30% this year, and confidence in the entire housing market is recovering comprehensively. The number of people flooding into the property market to buy homes and invest is countless. I heard that several real estate projects in Yuhang recently were packed to capacity upon opening, and several premium properties even started using a lottery system for purchases.
Under such a red-hot housing market atmosphere and the dominance of industry fundamentals driven by soaring housing prices, a slew of real estate stocks in both A-shares and H-shares—given their already undervalued conditions—have plenty of imaginative room and a massive expectation gap.
I feel that for quality real estate stocks in the market,
this wave of the market shouldn't be viewed merely as a rebound rally; we can definitely anticipate a reversal rally.
Furthermore, I believe that for President Su to intervene in the market with such massive capital while aggressively grabbing shares and building positions simultaneously across both the A-share and H-share markets,
his ultimate demand and objective are definitely not just to make a few percentage points of profit off a rebound rally.
It is definitely because he is bullish on the continuous skyrocketing of housing prices, which will fuel a fundamental reversal for the entire real estate development sector and related enterprises, that he made this shift in investment strategy."
"The logic Xiao Xu presents... also has some merit," Brother Chen pondered for a while before replying. "It's just that in the current market trend, neither a reversal nor a rebound is entirely clear-cut. We still need further observation going forward to guess how far the real estate sector's rally can actually go."
"In any case, a short-term rebound is definitely guaranteed, right?" Old Zhang said.
Lao Wu responded, "Judging from how various active funds in the market continuously followed up on the core stocks of the real estate sector today, a short-term rebound rally is definitely without a doubt. As for a reversal... I think to play it safe, we should take it one step at a time. It's not advisable to set expectations too high right now."
"Sigh, it's a pity I didn't manage to participate in today's market action," Xu Qiao sighed softly.
"The market never lacks opportunities; just participate tomorrow," Lao Wu said. "President Su has already marked out the core stocks for everyone today."
"Speaking of which, since President Su's trading seat appeared so prominently on the Dragon and Tiger Lists of the two exchanges today," Old Zhang said, "tomorrow, these first-tier real estate stocks are likely going to be frantically grabbed by various following funds and retail investors alike. What's more... the main fund product 'Huayi Expedition No. 1' currently managed by President Su is not a short-term speculative fund.
President Su buying up so many shares today is equivalent to locking up a portion of the chips, which is even more favorable for the subsequent speculation on these stocks. Furthermore, active capital groups in the market will inevitably concentrate on speculating on these stocks."
"No matter..." Lao Wu said, "If it's truly a reversal, a twenty-percent space either way doesn't make much difference."
Amidst the discussions among the core figures within the 'Shanghai Ultra-Short Band' major hot money group chat regarding the post-market Dragon and Tiger Lists and their predictions for tomorrow's and subsequent market trends...
At the same time, across major online stock discussion platforms gathered by retail investors nationwide, everyone was also engaged in fierce discussions regarding the post-market Dragon and Tiger Lists—specifically how Su Yi and the exclusive trading seat of the 'Huayi Expedition No. 1' fund product he managed had wildly bought up real estate-related stock shares and aggressively increased their positions.
"Haha, President Su... as expected of President Su!"
"Looking at it this way, tomorrow's market trend is an absolute lock with high probability."
"Every time President Su makes a move, it's truly extraordinary. Today, President Su's 'Fuxing Road' seat practically swept the Dragon and Tiger List buying charts."
"With President Su increasing positions so aggressively, could there be some heavy-hitting policy catalysts for the real estate sector?"
"Does the real estate sector even need policy catalysts right now? Just look at how housing prices have skyrocketed in all major cities offline. This is a market explosion driven by a fundamental shift. I'm bullish on the subsequent sustainability of this rally."
"Holy crap, before the market closed, I had a feeling this trading style looked like President Su. Sure enough..."
"Damn it, if I had known President Su was buying heavily, I should have gone all-in."
"The Suzhou faction, Foshan faction, Yuhang faction... many of the previously active hot money groups also appeared on the buying list today. It looks like the market's rebound rally is truly coming!"
"At the very least, there'll be a rebound with relatively high certainty, right?"
"I hope so. The past few months have literally made me lose my mind with losses."
"The beginning of the year was when I really lost my mind. Sigh... my account was practically cut in half this year. I hope things can slowly improve going forward."
"Analyzing from market technicals, it's about time for a rebound."
"President Su is still the boss. Today's real estate sector rally has completely established its recognition."
"Hoping for a wave of continuous rebound rallies to recover some losses. Things have been too miserable lately. We're already in the second half of the year; if we don't recover some losses now, the year will be over."
"It feels like the market performance in the coming months will definitely be better than the previous months."
Through countless discussions, one could distinctly perceive that as the 'Huayi Expedition No. 1' fund product managed by Su Yi aggressively increased positions, single-handedly created an intraday money-making effect, and attracted the gaze of a massive wave of investors, retail investor sentiment in the market was clearly rebounding.
Furthermore, the overall investment sentiment and confidence of the market were gradually recovering.
Of course, while numerous retail investor groups and active hot money groups in the market were simultaneously surprised, excited, and thrilled by the 'Fuxing Road' seat sweeping the buying lists of the two exchanges' Dragon and Tiger Lists, the institutional groups that closely monitored and participated in the market were also harboring no small degree of astonishment.
"Looking at the Dragon and Tiger List buying and selling data of the core stocks that experienced anomalies in the A-share real estate sector today, we can basically confirm... that the capital frantically grabbing mainland property stocks in the Hong Kong market today and igniting the real estate stock rally across both markets is none other than the institution Huayi Capital."
While the entire investment and financial circles were discussing the main fund product 'Huayi Expedition No. 1' managed by Su Yi heavily increasing its positions in real estate sector stocks, Huang Qingyun, the head of the trading team for the 'Xinuo Future No. 1' fund product at Xinuo Private Equity in Shanghai, said, "What a massive stroke of capital, and this institution's market-manipulating style is truly fierce."
Hearing Huang Qingyun's words, Meng Xingtao, the fund manager of the 'Xinuo Future No. 1' fund product, chuckled and said, "Right now, the capital scale of the 'Huayi Expedition No. 1' fund product managed by President Su should be over 60 billion. With such a massive scale of capital, he is fully capable of guiding market trends. Therefore... for President Su's market-manipulating style to be this fierce, it's also because he has enough capital on hand and the capital to splurge. This is the advantage brought by sheer capital volume."
"Mmm," Huang Qingyun nodded and said, "Overall, this capital's trading style still possesses quite strong recognition across China's entire financial market."
"Otherwise, why would he be a legendary figure in China's financial circle?" Meng Xingtao said. "For a young man like him to reach this stage and accumulate such a massive volume of wealth, he is naturally no ordinary person."
"However, with President Su utilizing the massive capital volume of his main fund product to create such a red-hot rally and speculative sentiment in the current real estate sector, giving this core main theme plenty of subsequent speculative expectations..." Huang Qingyun said, "this is nothing but good news for us no matter how you look at it."
The 'Xinuo Future No. 1' fund product they managed currently held its largest position weight in Hong Kong mainland property stocks. In other words... the aggressive position-building behavior of the 'Huayi Expedition No. 1' fund product managed by Su Yi was essentially lifting the sedan chair for them.
As people sitting in the sedan chair, they naturally hoped that this wave of the real estate sector rally would be as fierce as possible.
"That's for certain," Meng Xingtao said. "With an institution like Huayi Capital leading the market trend, market speculative sentiment and expectations for the real estate sector will only grow thicker as the rally progresses. Moreover, looking at housing price trends in major cities offline, there's currently no sign of them stopping whatsoever. I feel that... whether in the A-share market or the Hong Kong market, the valuations of many high-quality core bellwether stocks within the real estate sector are due for a revaluation."
Just as the two of them were discussing...
At the exact same time, inside the institution Noah Capital, Yang Shengfan, the product manager of the 'Noah New Energy Industry Hybrid Fund', watched as Huayi Capital—the institution that had aggressively reduced positions and taken profits on 'new energy industry chain' stocks not long ago—now completely pivoted to fight in the real estate sector.
His brow furrowed noticeably as he said, "I really didn't expect that after heavily reducing positions in 'new energy industry chain' stocks, this capital would turn around and flood directly into the real estate sector."
"It seems that President Su from Huayi Capital is indeed not very bullish on the 'new energy industry chain' sector and its core stocks at this stage," said Bao Yongquan, the head of the trading team beside Yang Shengfan. "This proves that our strategy of following their lead in reducing positions and taking profits wasn't wrong."
"It's just... can the real estate sector really pull off a sustained rally?" Yang Shengfan remained skeptical.
After all, from his perspective, the stock valuation of China Vanke, the current bellwether of the real estate industry, did not exhibit any obvious undervaluation.
Furthermore, he was well aware that property enterprises across the real estate sector were all operating with high debt ratios. The asset structures of these companies were far from sound.
On top of that, he didn't believe that national housing prices could stage another long-lasting bull market from their current position.
After all, the country's urbanization rate had already reached nearly 70%, leaving very little room for further growth going forward.
High housing prices that detached themselves from the salary levels of ordinary citizens also lacked the foundation for continuous price increases and skyrocketing surges.
In short... once prices are driven that high, who is going to step in and take over the bags?
Rooted in his prejudice against the real estate sector and his personal dislike of high-debt enterprises, the fund product he managed had a layout of virtually zero toward the real estate sector, or even the entire traditional sphere, including 'black-series resource stocks'.
Consequently, today's explosive surge had almost nothing to do with them.
Amidst the comprehensive surges across real estate, steel, coal, and non-ferrous metals, the net value of the 'New Energy Industry Growth Hybrid' fund product he managed not only failed to rise, but actually dropped.
Of course, regarding the performance of the fund's net value, even though he felt slightly displeased in his heart, he had no intention of changing his investment style to chase after this east wind in the real estate, non-ferrous metals, or coal sectors.
(End of Chapter)