The Road to Rebirth Finance

Chapter 409 The Unexpected Visitor

Without the support of energy conservation funds, Vanke A's share price fell continuously in the following two trading days this week.

As of the close on Friday, July 7, Vanke A closed at 8 yuan, which has fallen below the cost line of Baoneng 18.75 yuan.

The second extraordinary shareholders' meeting proposed by Baoneng was also resolutely rejected by Vanke's board of directors.

After the market closed on July 7, Vanke issued 8 announcements in a row.

In addition to refusing to hold the second extraordinary general meeting, it also involved the annual report of the board of directors, the progress of asset restructuring and some changes in H shares.

In addition, regarding the dividend plan for 2015, there is also a plan in this announcement, which is 10 yuan for every 7.2 shares.

According to the stock price of 18.75 yuan at that time, the dividend rate was 3.84%, which was in line with the average dividend rate of Vanke over the years.

Since the resumption of trading on Monday, Vanke A has fallen by a total of 30.29%, and the stock price has fallen sharply. In addition to the heavy loss of energy conservation, the worst is undoubtedly the retail investors who rushed into the high range this week.

Retail investors who were misled by the hype of various media and the temptation to buy bottoms brought about by the continuous price limit, vented their dissatisfaction on major social media for two days on weekends.

Excluding the financial and news factors, and looking at Vanke purely from a technical perspective, at this time, Vanke's daily line is completely in a broken state.

On the weekly line, Vanke has also fallen below the 5-day line, and the technical level is in a state of downward adjustment.

If Bao Neng cannot raise a large amount of funds in a short period of time, or if new funds enter the game, Vanke will definitely adjust further downwards.

Next, Vanke fell negatively for two consecutive trading days. For this reason, Baoneng had to supplement the pledge; on July 7, Baoneng pledged 12 million shares to Yinsa Securities to supplement its margin.

As of July 7, Baoneng’s pledged share capital has accounted for 12% of Vanke’s total share capital, and more than 8.39 million shares have been pledged, accounting for one-third of its total holdings.

Due to the replenishment of the margin, the risk of Baoneng's liquidation has been temporarily alleviated, but Baoneng has been unable to initiate a sixth round of placards.

It can also be seen from the results of the fifth card raising that there is a certain crisis in Baoneng's capital chain, at least it can no longer buy indiscriminately like a year ago.

Boss Yao, who was high-spirited a year ago, would not use this method to relieve the pressure of liquidation, he would only buy, buy, buy!
"In the short term, Vanke probably won't improve much. Wait for him to stop falling and buy a few red positive lines in a row."

"Okay, it looks like it will have to fall for several days, and we have to wait for him to stand on the [-]-day line of the daily line."

"Well, let's do other things. Don't forget to announce the second quarter holdings this Friday."

After watching the big drama for more than 10 days, but there is still no good opportunity to intervene in Wanke again, Gu Junhao feels a little disappointed.

The broader market was once again pulled above 1.82 points with a 3000% increase today, at 3049.38 points.

Today is the 12th. According to the usual behavior of A-shares, the market will rise in the first half of the month, and the market will not be much better in the second half of the month.

There are only three trading days before the end of the first half of the month, and the big negative line on May 5 has also been digested, but the pressure of the 6 range is still a bit heavy.

It may not be so easy to quickly break through the pressure level in a short period of time. It is more appropriate to adjust and digest it in half a month.

Today's day's trading is over again. After thinking about it, there is nothing serious about it today, so Gu Junhao left work early.

The company currently has several projects in the primary market that are in progress and are still under negotiation. Gu Junhao has handed over some early-stage affairs to the executives.

There have been two successful capital investment cases, and everyone is basically familiar with the necessary procedures.

But this time, Xu Jianqing would occasionally participate in it, and would bring him along to let him experience the process when there were negotiations. Normally, he would mainly be in the trading room.

The next thing Gu Junhao wants to do is to participate in the new development of the primary market. The company has been operating stably for almost three years, and all the necessary conditions for new development in the primary market have been met.

Although the final income of new shares will not account for a lot, at least until 2022, the income of new shares is a very stable figure, and it is also a very impressive figure when the accumulation of small amounts becomes large.

Not only that, Gu Junhao will also actively allocate convertible bonds. After 2018, the bond market will be a small bull market.

As a stock-oriented fund, there is no rule that convertible bonds cannot be purchased, as long as 80% or more of the funds are used for stock investment.

Excluding the 5% cash flow guarantee, it means that Junshi Investment can allocate up to 15% of its funds in convertible bond investments.

According to the current scale, there are at least about 7 million funds that can be used for investment in convertible bonds, and as the scale increases, the amount that can be invested will definitely increase.

With such a large amount of funds, it is definitely unrealistic to buy in the secondary market. It also requires the primary market or the placement of individual stocks.

It is conceivable that when Gu Junhao entered the bond market, he was also a big money maker.
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Wednesday, April 7.

Early in the morning, Gu Junhao came to the company. After dealing with affairs for a while, he was about to go to the trading room to watch the market.

At this time, Li Xinyu stopped her.

"What's wrong? Is there something wrong?"

"I almost forgot. Before 8 o'clock this morning, there was an appointment call. It was the person above." Li Xinyu was mysterious, pointing her finger upwards.

"Huh? The one above? It seems that nothing happened to us recently, right?" Gu Junhao asked with some doubts.

"He didn't say the specifics, but it shouldn't be a bad thing, so boss, don't go to the trading room today."

"Well, what time is the appointment? How many people?"

"At 10 o'clock in the morning, several people didn't say anything."

"That's fine, you prepare a little bit, and simply arrange the meeting room. I'll give Tingting a call, and I'll leave the deal to him today."

Stay in the office until 10 o'clock, the person who made an appointment to visit came on time, there are two people in total, they should be the person Li Xinyu said to call to make an appointment.

One of them is relatively young, and the other middle-aged man looks like he is in his 40s. From his appearance, he should be a member of the system.

"Hello, both of you. Please sit down. Xinyu brings over two bottles of mineral water." Gu Junhao smiled and guided the two to the sofa area.

"Hi Mr. Gu, let me introduce myself. My surname is Xie. Mr. Gu can call me Xie Jun. This is my business card."

While Xie Jun was speaking, the young man next to him immediately took out a name tag and handed it to Xie Jun, who seemed to be his assistant.

Gu Junhao took the business card from Xie Jun, looked at the information on hhve, and looked up at Xie Jun with some surprise.

Jiufeng Trust, this is a trust company under Beicang City Investment. It is named after the local Jiufeng Mountain. Xie Jun is actually the senior vice president of this trust company.

"So it's Mr. Xie, I've been looking forward to it for a long time; you two don't stand up, please sit down, the reception is not good."

"Where, we came here uninvited and disturbed Mr. Gu." Xie Jun said politely with a smile on his face.

"No, no, it's an honor for Junshi Capital that the two of you can come to the door." Gu Junhao coped with some polite topics.

Junshi Capital has no business relationship with Chengtou, and I don't know why Mr. Xie came to the door.

"It's better to be famous than to be famous. Mr. Gu spent less than 3 years in the secondary market, and used 2 yuan in cash to achieve the current scale of more than 130 billion. It is very admirable."

The other party praised it, but also revealed some information, that is, they should have inquired about Gu Junhao clearly before coming, but for them, it is not a rare thing.

"Boss Xie praised too much, it's just that it's a good time for the country's fortune." Gu Junhao smiled lightly, and from the few words the other party said, he could probably guess the purpose of this visit.

Junshi Capital's three businesses in the secondary market performed well, and it is quite normal to attract some institutional investors. Junshi Price Investment currently has a large number of institutional investors.

The arrival of Jiufeng Trust was an accident, but it was not an accident.

"I don't know what's important for Mr. Xie to come to the door this time?"

Seeing that Gu Junhao was straight to the point, Xie Jun naturally wouldn't beat around the bush, and said bluntly, "That's right. We, Jiufeng Trust, have a fairly recent asset, and I'm more worried about where to invest it. This year's market is not good, but the fund under Mr. Gu's But the performance is very good, we hope to entrust Mr. Gu to take care of it, what do you think?"

Xie Jun's assistant said from the side: "We have been paying attention to Mr. Gu through the Beicang Securities Regulatory Bureau for half a year, and this time we also entrusted the other party to make an appointment."

So that's the case, no wonder Li Xinyu said that the people above made the appointment, so she thought she had done something wrong.

"How much money is there?" Gu Junhao, who understood, looked at Xie Jun and asked.

"The first batch of funds is 6 million U.S. dollars, which is not too much. I don't know how Mr. Gu will arrange it."

"It's really not much, so I don't know what Mr. Xie has in mind." Gu Junhao nodded and said.

With less than 40 billion funds, if you don't talk about RMB but talk about US dollars, you should have your own ideas.

"We want to invest more in stock markets other than A-shares. Mr. Gu's performance in rice stocks is also very good. We are not easy to sell in this regard, you know."

Nvidia's closing stock price last night had reached US$52.80. The market value of this young man's holdings has exceeded US$3.7 million, and his ability to make money is terrifying.

As a rice stock technology stock, Nvidia's choice can be described as very ingenious. While the stock price rises, it does not show the mountains and dews.

Unlike Apple, Tesla, and Google, which are touted by the media every day, they are exposed to public attention.

As far as ordinary people in China are concerned, Apple, Google, and Tesla must be concerned.

But Nvidia, except for computer enthusiasts and some stockholders, it is not necessarily true how many people can really understand this company.

The timing of the two warehouse openings is also very wonderful, both are staged low positions, and the overall warehouse opening cost is only 25 dollars, and now it has doubled in less than a year.

The grasp of the timing is wonderful. It is definitely a blessing to have such an outstanding fund manager to manage the assets that Jiufeng Trust is inconvenient to take care of.

Xie Jun even wanted Gu Junhao to join the system to manage part of the assets under Jiufeng Trust.

Of course, he also knew that this possibility was almost impossible, so after a meeting and discussion, he decided to hand over an asset to Junshi Capital for management.

(End of this chapter)