Chapter 325 The Confusing Achievements of Junshi No. 2
Chapter 325 The puzzling performance of Junshi No. 2
Author: Ru Meng Ru Hua
Chapter 325 The puzzling performance of Junshi No. 2
This weekend, ten departments including the central bank jointly issued guidance on Internet finance, defining specific regulatory responsibilities and further regulating the current market chaos.
At the same time, it also encourages innovation, supports the steady development of Internet finance, and serves the real industry.
Among the ten departments, there is a certain department that previously joined the China Securities Regulatory Commission to investigate malicious short selling.
Although supervision has gradually become stricter, the chaos remains the same.
In the short term, the guidance has certain negative effects on the Internet financial sector.
In the long term, it is this guiding intention that will lead to the rapid development of the industry in the next few years.
At the same time, in the later period, almost all Internet companies were involved, which led to the famous saying "The end of Internet companies is XX", which also had a considerable impact on society.
A certain department participated in the specific formulation of the plan, and it seems that something has been discovered, that is, the use of illegal off-site leverage funds.
If nothing unexpected happens, Tonghuashun will soon experience a wave of huge bad news, and may even be at risk of delisting.
The stock market has turned from bullish to bearish, and over-the-counter capital allocation is considered to be the culprit. The regulatory authorities' strict investigation of over-the-counter capital allocation has already produced preliminary results this week.
The first one to bear the brunt was Hengsheng Electronics, whose HOMS system was accused of being the culprit of the A-share plunge.
On Monday this week, the inspection force organized by the China Securities Regulatory Commission went to Hengsheng Electronics to verify relevant clues. Yesterday, Hengsheng Electronics announced that it would close the account opening function of the HOMS system and would no longer increase capital in existing accounts.
Judging from the stock price trend, Hengsheng Electronics has also been greatly affected. Yesterday and today, when the Shanghai and Shenzhen stock markets rebounded continuously, its stock price continued to fall by the limit.
The continuous falling limit of Hengsheng Electronics' stock price is just the beginning of the verification. What should come will eventually come.
As Tong Huashun and another Shanghai-listed company were successively filed for adjustment by the China Securities Regulatory Commission, the two companies also faced the biggest crisis since their listing.
Being identified as the culprit of the stock market crash is extremely dangerous for a listed company. If it is not handled well, the company will be pushed to the edge of delisting.
However, in the following trading days, the performance of these two stocks was no different from usual, and even rose with the upward trend of the index. By Thursday, July 23, the Shanghai Stock Index broke out of its six consecutive positive trends and rebounded to 4100 points.
Above the position.
It has to be said that the reaction of ordinary investors is still much slower.
The ChiNext Index also synchronized with the Shanghai Composite Index to break out of its six consecutive positive trends, with the stock index at 2967.95 points, on the verge of an integer of 3,000 points.
For the first time since the stock market crash, the Shanghai and Shenzhen stock markets did not crash on Thursday's legal day of decline.
However, whenever the market improves, the media will spread some unfavorable news for the market; this Thursday, it was rare that there was no decline, but after the market closed, relevant media activities spread the news that China Securities Finance would reduce its holdings of Yili shares.
Because the market rescue was too hasty, a certain team had no plans to withdraw its funds, resulting in a panic in the reduction of holdings. If Huijin really reduces its holdings this time, it may be suspected of testing market sentiment.
If the market sentiment is stable, Securities Financial Services may gradually sell some of the stocks it acquired. Generally speaking, regardless of whether the financial investment company really reduces its holdings, changes in the number of shares held in its account will eventually have a certain impact on market confidence.
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In addition, news in the evening showed that with the introduction of market rescue policies, the suspension of IPOs, refinancing, and large and small non-holding reductions were controlled, the market sentiment of retail investors has begun to escape from panic.
The latest data shows that the net inflow of A-share securities margins last week was 98.8 billion yuan. The latest weekly report of CCDC showed that the number of new investors last week exceeded 530,000, a month-on-month increase of 3.18%, and 640,000 new accounts participated in A-share transactions last week.
The number of investors is 30 million, accounting for 32.93% of the number of investors who have opened A-share accounts.
From the data point of view, after passing the panic period, investors began to have plans to gradually enter the market for trading, which is considered a good thing. However, from the specific number of people, the number of retail investors entering the market has dropped significantly compared with before.
On July 24, affected by the suspected reduction of securities holdings and the lower-than-expected trading data of investors re-entering the market, the Shanghai and Shenzhen stock markets ended their six consecutive positive trends on Friday and both reported losses.
Both cities have plunged since the afternoon. The Shanghai Composite Index fell 1.29%, with the index barely holding the 4,000-point mark. The ChiNext Index touched above 3,000 points in the afternoon and plunged more than 4% during the day. The stock index fell 2.36%.
Today's Junshi No. 2 fund net value was announced by Wang Ruoyu. Xu Jianqing was transferred by Gu Junhao to build NVIDIA positions in the evening, participate in proprietary trading, and engage in NVIDIA position building work.
There are some specific differences between the trading rules of rice stocks and A-shares. The trading hours are divided into summer and winter time. From April to early November every year, the trading hours are from 9:30 pm to 4 am in China. This is the summer time period.
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The remaining months are the winter time period, with the opening hours from 10:30 to 5 am every night. The trading code is abbreviated in English. There is no unit limit for transactions, and the unit is 1 share.
The handling fee is calculated based on the number of transactions, and the T0 trading system is implemented. There is no limit on the rise or fall. When opening a securities account, you must have a bank account function. If you deposit money into this account but do not purchase stocks, the securities firm will pay corresponding interest.
, but 10% tax will be deducted.
If you want to be tax-free, you can choose to automatically transfer it to a short-term fund and let the brokerage make profits on your behalf. In this regard, A-shares are similar to rice-shares.
Since last week, Junshi Capital's foreign exchange has also arrived, totaling 19 million U.S. dollars. According to the current exchange rate, it is about 120 million yuan. According to Junhao's plan, all 19 million U.S. dollars will be raised above Nvidia.
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After completing the position building, Nvidia's position is expected to reach 1 million shares, which is not too much, but not too little either.
Due to the difference in trading hours, he needed to work the night shift, and he could not find a suitable candidate for a while, so Xu Jianqing temporarily had to work the night shift to open a position in NVIDIA.
Xu Jianqing is just a brick, moving wherever there is need. Although he has no experience in foreign stock trading, it is nothing more than buying and selling. Xu Jianqing, who has professional knowledge, can handle it without any problems.
Being able to use the 19 million U.S. dollars to purchase 1 million shares of Nvidia was considered a victory for Xu Jianqing. As for the specific operation, Gu Junhao did not care.
As for the A-shares, although the fluctuations in the two markets have still been considerable in the past two weeks, the heavyweight stocks have lost their previous daily limit-up trend. As of this Friday, the three heavyweight stocks held by Junshi No. 2 are Wuliangye and Maotai.
The share prices of Liquor Industry and Vanke A have not changed much.
Wuliangye closed at 27.54 yuan this Friday. Maotai Liquor Industry, whose position increased to 11,000 lots after the stock bonus, closed at 219.21 yuan. The trend this week was very weak, while Vanke A rebounded in three trading days.
It closed at 15.41 yuan.
The weight of the three holding positions did not contribute much to the net worth of Junshi No. 2. After the continuous adjustments of Maotai Liquor Industry, the profit was only 5%. It was the demon stock Teli shares that provided room for growth in the net worth of Junshi No. 2.
Since the big turmoil in the sky and the floor, Tellus shares have once again broken out of the three-board trend in the three trading days after the exception. Tellus shares closed at 22.64 yuan on Monday.
In the following four trading days, the trend of Tellus shares, whose share price doubled since the rebound, began to slow down. There was no daily limit in four trading days, and it finally closed at 25.35 yuan.
Since opening at the lower limit price of 9.88 yuan on July 9, Tellus' stock price has risen by as much as 156.57% within 12 trading days, fully demonstrating the true nature of a monster stock.
Yaogu Teli Shares has maintained the net worth of Junshi No. 2 very well. By the end of this week, the overall scale of Junshi No. 2 exceeded 3.122 billion yuan, and its net worth rate was also as high as 6.2446.
After the net worth was announced, people in the industry were confused about the performance of Junshi No. 2. It makes sense that the net worth continued to rise this week. After all, the index rebounded after six consecutive positive days and has only slowed down today.
Last week, despite the thousand shares falling to the limit, Junshi No. 2 business also maintained an upward trend, which is a bit incomprehensible.
Industry peers have no way of knowing the specific holdings of Junshi No. 2, but the news that Gu Junhao was invited by the local Securities Regulatory Bureau to participate in the rescue has spread widely in the industry and is nothing new.
Since it is a market rescue, based on the size of Junshi No. 2, the buyers must be mainly blue-chip stocks, and the trend of blue-chip stocks has been unsatisfactory in the past two weeks.
"I really don't know how this guy operates. No matter how high the market goes, his fund maintains a steady growth rate. It's really outrageous."
"Isn't this kid doing a lot of T-shirts in there every day? With the recent turmoil, doing T-shirts well is indeed a good way to make money."
As ordinary retail investors in Gu Junhao's fan group, they can't control that much. As long as the weekly net worth of Junshi No. 2 is still changing, most people will participate in certain transactions.
As for making money, that depends on each person; however, it has been more than a month since the stock market crash, and even without Gu Junhao, most retail investors would not be able to help but enter the market for trading.
For retail investors, it is more difficult to let them take short positions than to hold them up. After being locked up, retail investors will reduce their trading volume to a certain extent, but if they make a profit, they will definitely be unable to control it.
Frequent useless and poor-quality transactions are actually important factors causing losses for ordinary retail investors.
On Saturday, the China Securities Finance Corporation issued a specific response to the media's reduction of Yili shares: During the recent emergency operation of the China Securities Finance Corporation to purchase stocks in the secondary market, there were indeed some stocks whose shareholding ratio reached or exceeded the total share capital of the listed company.
5%.
After discovery, the over-proportioned stocks were promptly transferred to the asset management plan account of the fund management company for management, and there is currently no plan to reduce holdings in the secondary market.
This can also be regarded as a response to Friday's sharp drop. Ordinary investors felt relieved after seeing that there was no reduction in securities holdings. However, this was not the case for industry insiders and some investors who knew the rules.
Transfer is actually a different form of holding reduction. Besides, there is currently no plan to reduce holdings in the secondary market, which does not mean there will not be any in the future.