The 'Huayi Expedition No. 1' fund product, having completed its position building, primarily focuses its holding structure distribution on the baijiu sector within the 'big consumption' main theme, the lithium battery sector within the 'new energy industry chain' main theme, leading industry stocks within the 'real estate industry chain' main theme, and some high-quality growth stocks in the 'consumer electronics' sector.
Among these, holdings in the 'baijiu' sector accounted for approximately 40% of the fund's positions.
And among these 40% positions, the stocks with the highest weighting were mainly Qianzhou Maotai, Wuliangye, and Luzhou Laojiao.
Looking at the final holding structure and main holding stocks of the 'Huayi Expedition No. 1' fund product.
Qu Zecai, as the manager of the company's flagship fund product trading team, was actually quite surprised.
Originally, he thought that Su Yi, as a legendary retail investor in China and a top trader who made his name with sharp short-term techniques, his position-building strategy should have focused on 'SMEs and startups' concept growth stocks, or 'technology main theme' and 'growth main theme' stocks with relatively higher elasticity.
However, he did not expect that in his choice of investment strategy...
He completely abandoned his previous operational trading and investment models, fully shifting to a 'value investing' approach based on fundamental expectation changes.
Of course, regarding Chairman Su Yi's shift in investment strategy and his choice of position-building approach.
He fully agreed with both hands.
Because with a fund size of 20 billion, under current market liquidity.
Whether entering or exiting the market, it is relatively troublesome and difficult to escape the observation of many interested funds in the market.
In other words, such a large amount of capital, in his opinion... can no longer engage in mid-to-short term speculative operations to seize excess market returns from numerous hot concept stocks.
Thus, shifting trading strategies, and turning to an investment direction primarily driven by fundamental research and performance expectations.
Is clearly the correct path.
Of course, to achieve excess market returns and create performance exceeding investors' expectations.
One could actually imitate the investment strategy of the 'Zexi-affiliated' fund products back then.
However, investing in 'mergers and acquisitions' necessarily requires strong connections and information channels as support, and currently... neither Su Yi nor the company's research team has such conditions, so the 'Zexi-affiliated' investment strategy clearly cannot be chosen either.
Moreover, in Qu Zecai's view.
The investment strategy Su Yi chose is clearly safer and more stable.
"Chairman Su, our company's 'Huayi Expedition No. 1' fund product's current overall position has reached 80%."
Seeing that the market was approaching closing time, Qu Zecai, lost in thought, came back to his senses and reported, looking at Su Yi who walked out of his office,
"According to the position-building plan and strategy you previously formulated, our fund has now completed the entire position-building plan and locked in all the high-quality stock chips that were initially proposed."
Su Yi nodded slightly and replied,
"Alright, thank you, Manager Qu, for your hard work. After this... there aren't many trading days left before the Spring Festival. Since the fund has completed its position-building plan, let's leave it at that for now. There's no need to add new positions.
Research how to conduct intraday trading. In the future, our main trading direction will be to follow up on the fundamentals and performance expectation changes of the stocks we hold, and to improve our intraday trading capabilities while maintaining dynamic positions."
"Understood."
Qu Zecai nodded.
From his perspective and understanding...
There were no problems with the main theme direction and target stock direction chosen by Su Yi.
During Qu Zecai's response, Su Yi took one last look at the fund's current holding data and position level on the main control computer, then walked out of the trading room and headed to the company's HR department.
Luo Tonghui, the HR manager, saw Su Yi arrive.
He quickly stood up from his office seat and said with a smile,
"Chairman Su, do you have any instructions?"
"Yes."
Su Yi smiled and nodded, then sat down opposite Luo Tonghui's desk and said,
"According to industry practice, the period around the Spring Festival should be a time when employee turnover rates and job hopping among middle and senior management are relatively high within major companies and institutions, right?"
Luo Tonghui replied,
"Generally speaking, yes. Chairman Su, are you looking to... poach any specialized talent?"
"I have that in mind."
Su Yi said,
"I want to set up a 'quantitative trading strategy' department in the company to research quantitative trading in the market. Please help me find talent in this area."
"Quantitative trading strategy department?"
Luo Tonghui looked bewildered upon hearing Su Yi's idea.
Su Yi said,
"You don't need to understand exactly what quantitative trading is. You just need to leverage your connections in the industry to find people who understand this area."
"Understood, Chairman Su."
Luo Tonghui replied.
After giving his instructions, Su Yi left the HR department.
He checked the time, thinking that his mother was going for a pre-operative check-up today and he should go see her.
So he simply gave a brief instruction to the company's administrative supervisor, Yang Jie, and left the company.
Unexpectedly, while he was taking the building's elevator downstairs.
He actually met Fang Wanqing in the elevator.
At this moment, Fang Wanqing was wearing an OL suit, looking beautiful and capable.
"Oh... Su Yi."
Fang Wanqing was clearly surprised to run into Su Yi in the elevator.
"What are you doing here?"
Su Yi smiled, glanced at her employee ID badge, and said,
"Seems like quite a coincidence. My company is right above yours."
"'Huayi Capital' is your company?"
Fang Wanqing's eyes widened.
She knew Su Yi had started a business, but she never imagined that his company would be located right above her workplace.
Su Yi nodded and said with a smile,
"'Aberdeen Asset Management' VC Venture Capital Department Project Leader. It seems you've been promoted, Miss Fang, after not seeing you for so long!"
"That's nothing compared to you,"
Fang Wanqing said with a smile.
"You're Chairman Fang now."
She had heard a lot about 'Huayi Capital' recently, but she hadn't expected Su Yi to be the company's boss.
"A startup can't compare to giants like your 'Aberdeen Asset Management',"
Su Yi said.
"I'm just a small boss right now."
"Really?"
Fang Wanqing smiled.
"Are you free? I'll treat you to coffee."
Su Yi waved his hand and said,
"Not today. I'll treat you another day. I have something to do right now."
"Alright."
Fang Wanqing nodded slightly.
"The Ganzhou Zichen New Energy Co., Ltd. investment project I mentioned to you last time, when you're free, I'd like to discuss it with you again. There have been some new developments recently."
"Sounds good,"
Su Yi said.
"Coincidentally, I'm also interested in this project."
He currently had a lot of cash with no projects to invest in, so he naturally didn't want to miss out on potential companies in the 'new energy industry,' an emerging sunrise industry that was bound to flourish in the future.
As the elevator continued its descent.
The two chatted briefly, then went their separate ways.
Afterward, Su Yi drove to the hospital and met the attending physician who had been responsible for his mother's treatment plan, tracking her condition, and organizing the surgery.
He asked,
"Dr. Pang, is my mother's current condition suitable for surgery?"
Dr. Pang glanced at Su Yi and said,
"No problem at all. Your mother's condition is very good. Theoretically speaking, there isn't much risk with this surgery, so you can rest assured."
"Alright, thank you, Doctor."
Su Yi quickly stood up and shook his hand.
For him, the most important thing now was not the company's business development, nor how to make money, but the success of his mother's surgery.
Since bringing his mother to Modu.
After nearly a quarter of recuperation, conditioning, and various pre-operative treatments.
The conditions were now optimal for the surgery.
Although the doctor repeatedly told him that given his mother's physical condition, such a mature surgery carried little risk, he was still quite nervous.
After some casual chatting with the doctor.
Su Yi came to the ward and saw Aunt Liu, the nanny, peeling fruit for his mother, while his mother sat on the hospital bed, a smile on her face, seemingly without the slightest worry about the upcoming surgery.
"Mom..."
Su Yi called softly.
Mother Su turned to see her son and said with a smile,
"You don't need to come here every day. Don't you have a lot of things to do at your company? Career comes first. There's nothing much happening with me here, and isn't your dad already on his way? Besides... Aunt Liu is here, so don't worry unnecessarily."
"I've already arranged everything for the company,"
Su Yi said with a smile, sitting down by the hospital bed.
"Even so, you don't need to rush here every day,"
Mother Su said.
"Wan'er is alone at home, you should visit her more often."
"Wan'er is being looked after by Aunt Zhao, she'll be fine,"
Su Yi said.
Now, since Aunt Liu had to care for his mother, Su Yi hired another live-in nanny to be responsible for Chu Wan's daily life, meals, and escorting her to school.
"The Spring Festival is in a few days,"
Mother Su said.
"Even though our family won't be celebrating in our hometown this year, we should still have the necessary decorations and New Year's goods..."
Su Yi smiled and said,
"Mom, don't worry about these things. Aunt Zhao and Aunt Chen will take care of them."
His mother had toiled for the family for most of her life.
Now that he was prosperous and conditions were good, he naturally wouldn't let his mother worry about such household chores anymore.
While they were talking, his cousin Su Jiahao had already picked up Father Su and brought him to the hospital.
Su Yi looked at his father.
He hadn't seen him in a few months, and his father had clearly tanned a bit, but his spirits were good.
He probably had been busy with the house construction at home.
"Did the doctor say? When is the surgery?"
Father Su asked as soon as he entered.
"Tomorrow,"
Su Yi replied.
"Then there certainly won't be any problems,"
Father Su said.
"Your mother has always been blessed by heaven. The fortune teller said back then that your mother would definitely enjoy a life of blessings in her later years."
"When did the fortune teller say that?"
Mother Su wondered.
"How come I don't know anything about it?"
Father Su chuckled twice and said,
"When I had our son's fortune told, I asked the gentleman to tell yours too. He said you would... live to a hundred, have a house full of grandchildren, and be blessed in old age."
"Uh..."
Su Yi couldn't help but cough lightly when he heard the words 'a house full of grandchildren'.
Mother Su glanced at her son and said with a smile,
"I hope so."
Now, the family's conditions were better, her son was successful, had bought a house in Modu, and had built his own career.
She no longer had any worries about his future development.
However, regarding her son finding a girlfriend and getting married later.
Although she didn't say it aloud, she still had some worries in her heart.
After all, as parents, besides their son's career success, what they most wanted to see was definitely the moment he started his own family, because only when their children had established families could the parents' responsibilities be considered complete.
Of course, besides Su Yi.
Mother Su now had another worry in her heart.
That was about Chu Wan's future.
Although she had no blood relation to Chu Wan, having spent time with her day and night, she truly liked the child Chu Wan and genuinely regarded her as her own daughter.
However, no matter what, regardless of the success of the surgery.
At this moment, Mother Su looked at everything before her, at the smiles on her son's and husband's faces, and saw a clear future, feeling no regrets in her heart.
Even if the surgery failed and her life ended here.
She felt that in her lifetime, being able to raise a child like Su Yi was worth it.
Amidst the rambling chatter of daily life, the long yet short wait before the surgery passed uneventfully.
The next day, February 2nd, Tuesday.
As per the doctor's arrangements, Su Yi watched his mother being wheeled into the operating room.
The anxious and uneasy wait lasted for several hours.
Su Yi stood outside the operating room, constantly looking down at his watch, then quickly looking up at the tightly closed operating room door.
Beside him were his father, cousin, cousin's wife, and Chu Wan.
However, everyone had some nervousness and apprehension on their faces, and even when chatting about daily life, they weren't fully engaged.
As everyone continued to wait...
As if a very long time had passed, the operating room door finally opened.
Dr. Pang, the chief surgeon, walked out, took off his mask, looked at Su Yi, and said with a smile,
"The surgery was very successful. The most dangerous hurdle has passed, but in the aftermath... there are still a few more hurdles to overcome. The specific recovery will depend on the subsequent inpatient observation."
"Thank you, Dr. Pang."
Su Yi let out a sigh of relief, expressing his gratitude.
Dr. Pang politely said a few words, then turned and walked away without further explanation.
Afterward, his mother was wheeled out of the operating room and back to her ward.
For the entire next month.
Including the Spring Festival, Su Yi spent most of his time in the hospital.
Fortunately, Mother Su's post-operative recovery was good, and there was no rejection of the transplanted kidney, which finally allowed Su Yi's anxious heart to gradually settle.
Then, another month passed.
Winter passed and spring arrived, everything revived, Mother Su was discharged from the hospital, and Su Yi once again shifted his focus to work.
After the period around the Spring Festival and nearly two months into the new year, the A-share market conditions clearly improved compared to the stock market crash in January.
The SSE Composite Index, from its lowest point of 2638 before the Spring Festival.
Rose steadily with fluctuations, gradually rebounding to around the 3000-point mark.
And the 'Huayi Expedition No. 1' fund product managed by Su Yi, after building its positions before the Spring Festival, its major holding stocks, whether Qianzhou Maotai, Wuliangye, Luzhou Laojiao in the 'baijiu' sector, or Tianqi Lithium, Ganfeng Lithium, Dofla in the 'lithium battery' main theme, or the core leading stocks in the 'consumer electronics' and 'real estate industry chain' sectors, had by this time, following the SSE Composite Index's continuous volatile ascent, fully recovered all losses incurred during the stock market crash.
Furthermore, 80% of its holdings had even returned to their levels when the SSE Composite Index was at 3600 points.
And thanks to the full rebound of these holding targets.
The net value of the 'Huayi Expedition No. 1' fund product also soared, continuing to surge dramatically.
Even though Su Yi had not been actively leading and promoting trading plans at the company for more than two consecutive months, the 'Huayi Expedition No. 1' fund still became the top-performing star fund product among domestic private equity funds with a scale of tens of billions in the first quarter.
Moreover, the 'Huayi Expedition No. 1' fund product, established for only 4 months.
Even surpassed the 'Zexi-affiliated' flagship fund product, which had lost its manager Xu Xiang, to claim the top spot in the performance ranking of domestic private equity funds with a scale of tens of billions.
Of course, its performance didn't just top domestic private equity funds with a scale of tens of billions.
Even including all domestic public funds with a scale of over ten billion, the performance of the 'Huayi Expedition No. 1' fund product was unrivaled, far surpassing the 'Huaxi Enterprising No. 1' fund product, which ranked second in quarterly performance.
The success of the entire 'Huayi Expedition No. 1' fund product and its orthodox investment strategy.
Made many financial industry insiders who had previously underestimated Su Yi, as well as numerous investors who believed Su Yi, as a market retail investor, couldn't manage large funds of tens of billions, look at him with completely new eyes.
However, regarding the shock of many industry insiders at the first-quarter net value trend and performance of the 'Huayi Expedition No. 1' fund product.
Su Yi's inner self remained unperturbed.
At this moment, his gaze had already penetrated the domestic A-share market and was fixed on the global financial market.
Specifically, it was fixed on the turbulent international foreign exchange market.
Because according to his memory, he knew that a storm sweeping through the foreign exchange market, a 'black swan' event that would stun all financial professionals and politicians worldwide, was steadily brewing and approaching.
(End of Chapter)