From the suspension to the resumption of trading, and then to the late rally today, the trend of Dongfang Fortune this week seems somewhat unusual.
Although it experienced a sharp decline on Tuesday, relying on the late rally, Dongfang Fortune magically achieved a weekly red turn with a weekly increase of 0.5%.
Another stock, Tonghuashun, which had average performance in the last three days, was far less strong. Tonghuashun fell 6.54% on a weekly basis, lagging slightly behind Yinzhijie.
Yin Zhijie fell 6.68% this week, but for the same plunge, Yin Zhijie's trend was much better, not to mention the potential benefits of asset restructuring.
There shouldn't be any big problems if Yinzhijie's reorganization is approved. Nowadays, such acquisition plans are rarely rejected.
There is no problem with the trend of Yinzhijie, and Tonghuashun's adjustment will not be known for how long. During this period, Dongfang Fortune will also take advantage of the trend to regain its position as the leader of the sector.
It's time to announce the fund's net worth again. Tuesday's sharp drop caused both the Shanghai and Shenzhen stock markets to fall this week, especially for small and medium-sized stocks. Although they all rebounded in the following three trading days.
But relatively speaking, there are still only a few stocks that can recover the rebound before the big drop. Most stocks are in a state of weekly decline. Yinzhijie even suffered a huge weekly decline due to the suspension of trading.
Junshi No. 1's earnings this week were also greatly affected. However, due to Dongfang Fortune's timely bargain hunting and the rise in the last two trading days, the overall size of Junshi No. 1 finally returned to more than 70 million yuan.
The overall size of 72.3045 million has not changed much compared to last week. The net value of the fund has increased from 1.8054 to 1.8076, which is still in a state of growth.
This rate of return was also completely confusing to peers. Wang Chao, the manager of Henghua No. 1 Fund, looked very confused.
"Mancang Dongfang Wealth has no operation? But it doesn't look like it." The fund net value curve of Junshi No. 1 showed that there was a very large retracement on Tuesday, and the scale once fell below 70 million yuan.
The increase in the next three trading days was also very large, returning to more than 70 million yuan, and refreshing the net worth curve again. Without operation, it was simply impossible.
I just bought 6,000 lots of Dongfang Wealth at the bottom, and I am still chasing the rise. This has brought the profit of Henghua No. 1 to a new level. In fact, speaking of this week, the growth rate of Henghua No. 1 is higher than that of Jun.
Real number one.
Junshi No. 1, which rebounded quickly but did not increase much, completely confused Wang Chao. However, one thing is certain, Gu Junhao must have reduced his position before the sharp decline.
Moreover, there was bargain-hunting behavior on the day of the big drop, otherwise it would not be enough to explain the rapid rebound of the fund in the next three days. This is a profit of more than 3 million, which is nearly 5% of the total size of Junshi No. 1.
"I don't know which stocks he bought, but there is a high probability that it was Dongfang Fortune who bought the bottom, and he did so before the trading was suspended," Shi Xin said to Wang Chao.
In the two trading days, the increase in Dongfang Fortune basically corresponded to the overall increase in Junshi No. 1.
Thinking of this, Shi Xin couldn't help but admire Gu Junhao's decisiveness. He dared to buy the bottom on the day of the big drop. Most people couldn't do this kind of thing. You must know that Dongfang's wealth was in a state of collapse at that time.
"Mr. Wang, do you think Mr. Gu has any inside information? Otherwise, how could he dare to buy the bottom of that kind of trend?" Shi Xin said to Wang Chao.
"After get off work, everyone has left, so don't call Mr. Wang." Wang Chao responded, and then said: "It shouldn't be insider information. You saw it at the last exchange meeting. Mr. Gu knows colleagues in the industry. Not much."
"Then Mr. Gu is really bold. With good luck, the price has risen sharply since the resumption of trading." Shi Xin said with some envy.
"Luck, in fact, also favors strength. Dare to buy the bottom on the day of the big drop, and then it can rise sharply later. This only shows that Mr. Gu's judgment of the market's adjustment is very accurate, and he also dares to take action when the opportunity arises."
However, what the two people still can't understand is why Junshi No. 1 clearly has signs of bargain hunting, but the overall scale has not changed much. Could it be that there are not many bargain hunting?
This is also impossible. If you want to increase by more than 3 million yuan in three days, you need three daily limits for 10 million yuan of funds. It is even more impossible with small funds. The position of Junshi No. 1 will not be very low.
The net worth of Junshi No. 1 has also aroused heated discussions over the weekend. Ordinary retail investors feel that this is not a reflection of Gu Junhao’s true level, especially with such a large retracement on Tuesday.
You must know that Brother T has the habit of running away before a big drop, and he is very sensitive to market changes. However, after three consecutive days of positive prices, he finally regained some face.
Insiders can see the changes in positions from the curve of Junshi No. 1, as well as the difficulty of recovering the losses in three trading days.
With the same position, if you lose 5% and then rise again, it can't be achieved with a simple increase of 5%. The retracement on Tuesday was so large that it can still be recovered. It can only be said that the position allocation of Junshi No. 1 is very good.
reasonable.
"For a moment, based on his position management ability, he is sure to be number one this year."
Only after the tide receded did we know who was swimming in LUO. He was able to quickly recover the net value of the fund in three days after the sharp decline, which is enough to show that Gu Junhao's ability is not just stud as imagined.
This weekend, investors were discussing not only the performance of Junshi No. 1 after the sharp decline. In the past two days, market news continued, which was enough to arouse heated discussions among investors.
First, trading data in August show that A-share trading activity continued to pick up in August, with the monthly turnover rate rising by nearly 14% month-on-month. The rebound in trading volume has undoubtedly greatly stimulated the brokerage business.
The China Securities Regulatory Commission also recently issued a document canceling two off-customer requirements for IPO listings of securities companies and encouraging qualified securities companies to list IPOs. With the issuance of IPO projects one after another.
Whether it is from the policy perspective, as well as the performance brought about by active trading and IPOs, the outbreak of the brokerage sector has three major factors: time, location, and people.
The approach of Shanghai-Hong Kong Stock Connect has also brought substantial benefits to the sector, especially large securities firms. In addition to these, the Shanghai Stock Exchange and the Shenzhen Stock Exchange have also recently announced that they have expanded the scope of underlying stocks for margin trading and securities lending. The Shanghai Stock Exchange has expanded it to 500, and the Shenzhen Stock Exchange
Expanded to 400 branches.
In August, the market financing I-buying limit was 731 billion yuan, accounting for 12% of the total A-share trading volume. In addition to becoming a driving force for active market transactions, it also brought considerable benefits to securities companies.
A series of news made the brokerage sector the focus of the weekend. When Gu Junhao browsed these news, he couldn't help but sigh: "Xibu Securities has finally come to an end."
It has been close to four months since the establishment of the position. Xibe Securities has increased by less than 20%, which is the smallest among the four positions. Without the boost of these news, there will still not be much change.
However, judging from the trend in the last three days of this week, Xibe Securities has regained its price above 12 yuan, and the trend is much stronger than the index. It is not difficult to see that it seems that some securities have received data and news in advance.
Another piece of news is related to Gu Junhao. The China Securities Regulatory Commission has made a detailed explanation of the private equity investment fund supervision measures issued last month, prohibiting the disclosure of undisclosed information obtained due to his position.
It also prohibits private equity fund managers from treating different funds unfairly.
China Securities Regulatory Commission: It is prohibited to use the property or position of private equity funds to seek benefits. In addition, it will regulate the professional behavior of accounting firms and evaluation agencies and severely crack down on illegal activities.
"It should be in response to the recent incident involving Mr. Xu, right?" Gu Junhao mused. Supervision is destined to become more and more stringent. At this time, some practitioners may have a chance to return the goods if they get lost.
If he waits until the stock market crash comes and needs to kill the chicken to honor the monkey, it will be too late by then. However, Gu Junhao has nothing to worry about. He has always been strict with himself.
In addition, it is unfair to treat different funds. These do not exist at all. Currently, Junshi No. 1 only has one fund.
The regular press conference on the weekend was still full of content. Looking back at the content, Gu Junhao felt that he had gained a lot; at least two pieces of information were clarified. The first was the tightening of supervision, so that he should remain vigilant at all times.
The second is that financing funds are entering the market on a large scale. If nothing unexpected happens, there will be no changes in the bull market driven by this series of funds in 2015.
When the news came on Sunday night, Gu Junhao finally understood why the Internet financial sector and Dongfang Wealth had changed late in the trading session on Friday.
News came out at the Internet Financial Innovation and Cooperation Summit held on the 20th that the policy formulation of the guidance on promoting the healthy development of Internet finance formulated by the central bank has been completed!
It is not difficult to see from the current attitude that the central bank has a clear supportive attitude towards the current Internet financial industry.
"That's it." The confirmation on the news also made Gu Junhao suddenly realize.
But there is no way, some funds have such advantages, the market is like this, if you want to survive in such a market, you can only choose to passively accept it.
News is delayed, but the inflow and outflow of funds will never lie.
Later generations often talk about Internet finance with disdain, but at present, it seems that it is indeed a good thing, and at least it helps some stocks to have a very beautiful trend.
The current Dongfang Fortune is benefiting from this sector, and Gu Junhao has also made a lot of profits from it. Everything has its two sides and cannot be generalized.
The same is true for Tong Hua Shun. As far as the entire section is concerned, these two are considered the most authentic. In a sense, Yin Zhijie is also considered a popular series.
Gu Junhao also seemed a little excited as he sorted out the news over the weekend; the series of news over the weekend were all real good news, and the stock price performance of Dongfang Fortune and Xibu Securities also showed the same.
A series of good news also made Gu Junhao look forward to the market performance next Monday. With this wonderful expectation, Gu Junhao fell asleep peacefully.