The Road to Rebirth Finance

Chapter 226
From the suspension to the resumption of trading, and to today's late rise, the trend of Dongfang Fortune this week is somewhat unusual.

Although it experienced a sharp drop on Tuesday, it was also relying on the rise in late trading that Dongfang Fortune miraculously achieved a weekly rise of 0.5%.

The other Tong Huashun, which performed averagely in the last three days, is far from being so strong. With a weekly decline of 6.54%, Tong Huashun is slightly behind Yin Zhijie.

Yin Zhijie fell 6.68% this week, but with the same sharp drop, Yin Zhijie's trend is much better, not to mention that he has the potential benefit of asset restructuring.

Yin Zhijie's reorganization was approved, so there shouldn't be any major problems. Nowadays, it is rare to veto such an acquisition plan.

There is no problem with Yin Zhijie's trend, but Tong Huashun's adjustment will last for an unknown period. During this period, Dongfang Fortune also took advantage of the trend to regain its leading position in the sector.

It’s time to announce the net value of the fund again. The sharp drop this Tuesday caused both the Shanghai and Shenzhen stock markets to go down this week. Small and medium-sized venture stocks were particularly miserable, although they all rebounded in the next three trading days.

But relatively speaking, there are still a few stocks whose rebound rate can recover before the sharp drop. Most of the stocks are in a state of weekly decline. Yin Zhijie has a huge weekly drop because of the suspension of trading.

The income of Junshi No. 7000 this week was also greatly affected. However, due to the timely bottom-hunting of Dongfang Fortune and the rise in the last two trading days, the overall size of Junshi No. [-] finally returned to more than [-] million yuan.

The overall size of 7230.45 million has not changed much compared to last week, and the net value of the fund has risen from 1.8054 to 1.8076, which is still growing.

This rate of return also made colleagues completely incomprehensible, and Wang Chao, the manager of Henghua No. [-] Fund, seemed very puzzled.

"There is no manipulation of Dongfang Fortune's full warehouse? But it doesn't look like it." The net value curve of Junshi No. 7000 fund showed a very large retracement this Tuesday, and the scale once fell below [-] million yuan.

The increase in the next three trading days is also very large. It is impossible to return to more than 7000 million yuan and refresh the net worth curve again without any operation.

I have only bought 6000 lots of Dongfang Fortune, and I am still chasing the rise. This has brought the profitability of Henghua No. [-] to a new level. In fact, as far as this week is concerned, the growth rate of Henghua No. [-] is higher than Jun Real number one.

Junshi No. [-], which rebounded quickly but did not increase much, also made Wang Chao completely dumbfounded, but one thing is certain, Gu Junhao must have reduced his position before the sharp drop.

Moreover, there was a bottom-hunting behavior on the day of the sharp 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 300 million, which is nearly 5% of the total size of Junshi No. [-].

"I don't know which stocks he bought, but there is a high probability that Dongfang Fortune is the one who bought the bottom, and it was bought before the suspension of trading." Shi Xin said to Wang Chao.

In the two trading days, Dongfang Wealth's increase can basically correspond to the overall increase in Junshi No. [-].

Thinking of this, Shi Xin couldn't help admiring Gu Junhao's decisiveness. He dared to buy the bottom on the day of the big drop. Most people can't do such a thing. You must know that Dongfang Fortune was in a broken state at that time.

"Mr. Wang, do you think Mr. Gu has any inside information? Otherwise, how dare he buy the bottom in such a trend?" Shi Xin said to Wang Chao.

"After get off work, everyone has left, so don't call me Mr. Wang." Wang Chao responded, and then said: "The insider information should not be enough. You can see it at the exchange meeting last time. The colleagues who Mr. Gu knows Not many."

"Then Mr. Gu is really bold. If you're lucky, the price will go up after the resumption." Shi Xin said enviously.

"Luck is actually something that is favored by strength. Dare to buy the bottom on the day of the big drop, and then it can rise sharply later, it can only show that Mr. Gu is very accurate in judging the adjustment of the market, and he dares to make a move when the opportunity arises."

However, what the two of them still couldn't understand was why Junshi No. [-] clearly had traces of bargain-hunting, but the overall scale didn't change much. Could it be that there weren't many bargain-hunting?
This is also unlikely. If you want to increase more than 300 million yuan in three days, you need three daily limits for 1000 million funds. It is even more impossible if you have less funds. The position of Junshi No. [-] will not be very low.

Laymen watch the excitement, while experts watch the doorway. The net worth of Junshi No. [-] on weekends has also sparked heated discussions. 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 the big drop, and is quite sensitive to market changes, but anyway, he has closed positively for the next three days, and finally regained some face.

Experts can see the changes in positions from the curve of Junshi No. [-], as well as the difficulty of recovering the decline in three trading days.

Under the same position, if you lose 5%, you have to rise back, which is not just a simple 5% increase.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. [-] is very reasonable.

"Two times, according to this position management ability, this year's No. [-] is stable."

It was only after the tide ebbed that he knew who was swimming in LUO, and he was able to quickly recover the net value of the fund in three days after the big drop, which is enough to show that Gu Junhao's ability is not as good as he imagined.

This weekend, stockholders were not only discussing the performance of Junshi No. [-] after the sharp drop, but the continuous market news in the past two days was enough to arouse heated discussions among investors.

First of all, the trading data for August shows that A-share trading activity continued to pick up in August, and the monthly turnover rate rose by nearly 14% month-on-month. The rebound in trading volume undoubtedly greatly stimulated the business of brokerage firms.

The China Securities Regulatory Commission also issued a document recently, canceling the two foreign requirements for the IPO listing of securities companies, and encouraging qualified securities companies to IPO, and with the successive issuance of IPO projects.

No matter in terms of policy, as well as the performance brought about by active trading and IPO, the outbreak of the brokerage sector has three factors: timing, location, and harmony.

The approach of Shanghai-Hong Kong Stock Connect has also brought substantial benefits to the sector, especially large brokerages. In addition to these, the Shanghai Stock Exchange and the Shenzhen Stock Exchange have also recently announced the expansion of the scope of stocks for margin financing and securities lending. The Shanghai Stock Exchange has expanded to 500, and the Shenzhen Stock Exchange Expanded to 400.

In August, my purchase quota for market financing was 7310 billion yuan, accounting for 12% of the total trading volume of A shares. 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 read these news, he couldn't help feeling: "Xibu Securities has finally come to an end."

It has been nearly four months since the opening of the position, and the increase of Xibu Securities is less than 20%, which is the least among the four positions. Without the boost of these news, there will still not be much change.

However, judging from the trend of the last three days of this week, Xibu Securities has regained its position above the price of 12 yuan, and its trend is also far stronger than the index. It is not difficult to see that some securities seem to have received data and news in advance.

Another piece of news is related to Gu Junhao. The China Securities Regulatory Commission has made specific explanations for the regulatory measures for private equity investment funds released last month, prohibiting the disclosure of undisclosed information obtained due to his position.

It also prohibits private equity fund managers from unfairly treating different funds.

China Securities Regulatory Commission: It is forbidden to use the property or position of private equity funds to seek benefits, and it will also regulate the practice of accounting firms and evaluation agencies.Severely crack down on violations of laws and regulations.

"Should it be about the recent incident with Mr. Xu?" Gu Junhao mused, the supervision is destined to become more and more strict, and some practitioners have a chance to return when they are lost.

If you wait until the stock market crash comes and you need to kill chickens and respect monkeys, then it will be too late, but Gu Junhao has nothing to worry about, and has always been strict with himself.

The other thing is that different funds are treated unfairly, which does not exist at all. At present, there is only one fund under Junshi No. [-].

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 is the tightening of supervision, so that he must remain vigilant at all times.

The second is that financing funds are entering the market on a large scale. If there is no accident, the big bull market driven by this series of funds in 2015 will not have any changes.

And when the news came on Sunday night, Gu Junhao finally understood why the Internet financial sector and Dongfang Fortune changed at the end of the day on Friday.

On the Internet Finance Innovation and Cooperation Summit held on the 20th, it was reported that the guidelines formulated by the central bank on promoting the healthy development of Internet finance have been formulated in terms of policy!
It is not difficult to see from the current attitude that the central bank clearly supports the current Internet financial industry.

"So that's how it is." The confirmation on the surface of the news also made Gu Junhao suddenly realize.

But there is no way, some funds have such advantages, and the market is like this. If you want to survive in such a market, you can only choose to accept it passively.

The news is lagging, but the money flowing in and out will never lie.

Later generations often talk about Internet finance with distaste, but at present, he is indeed a good thing, at least helping some stocks to go out of a very beautiful trend.

The current Dongfang Wealth also benefits from this sector, and Gu Junhao also makes a lot of profits from it. Everything has its own two sides and cannot be generalized.

The same is true for Tong Huashun, as far as the entire sector is concerned, these two are considered the most authentic, and Yin Zhijie is also regarded as this hot series in a sense.

After sorting out the news of the weekend, Gu Junhao also seemed a little excited; the series of news on the weekend are all real benefits, and the stock price performance of Dongfang Fortune and Xibu Securities also shows the same.

A series of good news also made Gu Junhao very much looking forward to the market performance next Monday. With such good expectations, Gu Junhao fell asleep peacefully.

(End of this chapter)