The Road to Rebirth Finance

Chapter 417 Two horses online (two in one)

Fushan Road was cut again, but this time it was really pure accidental injury.

If we talk about the first two times, Gu Junhao insisted on lightening his position according to his own plan even though he knew that the Shanghai Gang was still inside, and he was suspected of deliberately harvesting hot money.

Then this time, it was really a mistake. Yesterday, some institutions began to reduce their positions in a large amount. In Junshi’s two funds, Wanke’s profit in this round of bottom-hunting exceeded 60%, and the reduction of positions was only in the plan.

Either today, or the next trading day; besides, for a company like Vanke, which requires market capitalization, it is already very exaggerated to pull three daily limit boards in a row.

When Boss Yao bought a large sum of money before, there has never been a triple board situation, which is very rare in the historical trend of Vanke.

It can only be said that the courage of this group of hot money is really big, they dare to pull anything, such a big plate, so the previous hot money is going forward.

However, it is not ruled out that hot money wants to test the response of the regulatory authorities. Most of the previous short-term pull-ups ended with three consecutive boards. After the three daily limit, most of the stocks that are highly involved in the tour will receive a temporary suspension notice .

Regardless of whether this kind of thinking exists or not, if it does, it is obviously too much thinking. Whether Vanke will suspend trading will not affect the blow to the hype of small and medium-sized entrepreneurial concept stocks.

You should be stopped or you have to be stopped, and Wanke's three nos and three boards will not affect it.

August 8th, Wednesday, is estimated to be two consecutive trading days. The top sellers on the Dragon and Tiger List are all seats dedicated to institutions, and they are all the reasons for the large-scale shipments.

Hot money has obviously realized that things are not that simple anymore. Since the call auction started today, the meaning of large orders fleeing has been very obvious.

There were very few buying orders, and the funds in the market fled strongly, which led to a gradual decline in Vanke's stock price during the call auction period.

At 9:25, the call auction ended. Vanke quoted 26.61 yuan, a big drop and opened 3.61% lower. During the bidding period, the turnover was 2.29 million yuan.

Gu Junhao didn't go to the company today, and neither did Zhang Yiru. After a busy night, the two of them woke up at nine o'clock in the morning.

The two of them simply didn't go to work, sneaked away from their busy schedules, and lay down at home. After entering the pregnancy preparation period, Gu Junhao felt that his waist was not enough.

In the morning, Gu Junhao glanced at Vanke's opening price, and he could basically conclude that the stock's trend today will not be much better.

Some other short-term concepts of small and medium-sized innovations that are hyped, most of them are hot money taking turns to lift sedan chairs, and low opening can be regarded as a way to give up profits to newcomers who carry sedan chairs. Everyone has a division of labor and cooperation, and the purpose is clear.

But Van Ke obviously didn't calculate it like this. With such a big market, only when the emotions are at their peak can they work together to raise the stock price.

In the large-cap stocks where institutions gather, if hot money dares to recklessly pull up, it will really hit you and doubt your life.

Judging from the style of the belt traders, they hope that the stock price will fall as much as possible. They did not appear in the rise of Vanke in these two trading days. They have a lot of experience in controlling costs.

It is obviously impossible for them to help hot money raise the stock price.

The market is where big fish eat small fish. In the eyes of retail investors, hot money may be relatively strong, but if you encounter institutions in large-cap stocks, you will only have the fate of being harvested.

The meat cut of 2.29 million yuan in early trading today is a good example.

Throughout the day, Vanke opened low and moved low, with a maximum intraday drop of 8%, and finally fell by 6.24%, with a turnover of 80.5 billion yuan. The stock price closed at 25.85 yuan, ending today's day's trading.

The sharply falling stock price caused huge losses to the hot money involved in the promotion. During the next two days of trading, the share price of Vanke, which had disagreements, continued to fall.

As of this Friday, August 8, Vanke's share price has fallen to 19 yuan.

The continuous decline in the share price of Vanke, the leading real estate sector, has also brought a lot of differences between the two sectors, and it is far from the scenery on the 16th.

After the market closed on Friday, Vanke also announced the change in the belt's shareholding, which rose from 5% to 6.82%, entering the second stage of raising placards.

However, judging from the changes in stock prices, the belt's placards mainly continue the strategy of buying low, and there are relatively few ways to concentrate on buying within one day.

The belt system is a completely different trading technique. If you pull up hot money, I will choose not to move. When the stock price rises, I will slowly buy low. It is completely different from their style in the development of Wolf Square.

Seeing that they couldn't get any benefits, the hot money naturally gave up hunting for Vanke, and instead chose the small and medium-sized start-up stocks they are more familiar with.

If it is said that the losses in this round are the worst, it is naturally the group of hot money that participated in the acquisition on June 6, and Fushan Road suffered a heavy loss among them.

Some of the previous ones, like Brother Zhao, entered at the first daily limit, and eventually ran away with a profit, and those who waited for the second daily limit to enter also had a large premium.

Only their group suffered heavy losses in the third board of the relay, and the organization was really ruthless enough to surprise them.

It sold more than 9 million yuan on the first day, and there were still a lot of buying orders on the second day. I don't know which institution would hoard so many chips in Wankeli.

With so many bargaining chips, it is entirely possible to do business with Boss Yao or the belt in private, even with Vanke's management. Isn't it good to sell in the bulk trading market?
But in any case, without the blessing of hot money, Vanke's hype sentiment has also cooled down, and the stock price trend has entered a normal state.

Vanke, which rose by 60% in one month, fell below the 19-day line on the [-]th due to excessive growth, and began to enter a state of correction.

Since the stock price plummeted on August 8, until August 17, a total of 8 trading days, Vanke has always been in a state of callback.

The stock price fell as low as 22.55 yuan, which was a drop of more than 22% compared to the high point. Everyone knew that the belt was buying, but no one could do anything about it.

But since July 7th, Belt's trading team has reached the level of controlling Vanke. As long as they want to, they can raise the stock price at any time, and if they don't take any action, hot money will not dare to act rashly.

After all, no one wants to make wedding dresses for the various organizations lurking inside after working hard to get promoted.

It's not that there is no hot money that doesn't believe in evil, August 8, the last trading day of this month.

With the help of Langfang’s development of the daily limit and the resurgence of the concept of raising placards, several hot money in the market worked together to raise Wankela, which had fallen below the 20-day line, to the daily limit price, and the stock price rose to 24.93 yuan.

However, on the following September 9, Vanke once again ushered in a sharp drop of 1%, and the funds fled on the day of the sharp drop were even more than yesterday's daily limit.

This also makes hot money understand that this stock is not within their control, and they should continue to go back and play their own small and medium-sized ventures and cut leeks.

Since then, Vanke's stock price has entered a high and sideways stage, neither will it fall nor rise, and it has completely entered the rhythm of the belt.

And in August, when the belt was full of glory, a stock also began to show its prominence and began to attract the attention of the market.

That is the Shuangma Group, whose acquisition initiated by the actual controller to solve the competition among peers was approved by the China Securities Regulatory Commission after more than a month of suspension.

On August 8, Shuangma Group, whose controlling shareholder changed, ended its one-and-a-half-month suspension and officially resumed trading.

After the resumption of trading, Shuangma achieved excellent performance of four consecutive straight boards and five daily limits. As of August 8, the stock price was reported at 31 yuan. After the resumption of trading, the stock price rose by 10.38%.

With the help of the real estate sector's surge this month, the corresponding sectors in its industrial chain, such as household appliances, decoration and raw materials such as cement, have risen to varying degrees.

The resumption of trading of the two horses can be said to have caught up with a good time. It is good for itself, the sector is rising and the market is in a rebound stage.

The list of shareholders in the semi-annual report announced by Shuangma on August 8 also put Gu Junhao on the hot list of the Taoguba community once again.

Junshi No. 300 Hybrid Growth Fund, a subsidiary of Junshi Capital, holds [-] million shares of Shuangma Group, and continues to rank below Securities Fund, appearing in the list of the fifth largest tradable shareholders of Shuangma Group.

Securities Finance holds 450 million shares, which are located under the actual controller and the three major foreign companies. The tender offer initiated by Shuangma this time is also the acquisition of the shares held by the actual controller of the three major foreign companies.

"Holy shit, why is there Brother T everywhere, and I got another stock that has undergone a major restructuring. The last time it was Dingtai New Materials."

"Brother T is Zheng Jin's own son, why is he ranked behind Zheng Jin every time he is on the list? This is too evil."

"Look at Brother T's entry time point. Is there a possibility that Brother T will copy the bottom of the certificate after seeing the trend is stable, and help them solve the problem."

"It's really possible. Brother T is catching the national team's wool. See which stocks they are trapped in, and go to buy the bottom. If you win one, you will make a lot of money. It doesn't matter if the others lose money, anyway. Already at the bottom."

"Hey, this idea is not bad, can we try it too? I feel that this method of operation is really possible."

"Don't be stupid, do you have that much money? It doesn't matter if Brother T buys a hundred or two hundred million, can you do it? We can't play this kind of diversified investment."

"Indeed, even if you bought it, can you guarantee that you can keep it for so long? It will probably be cleared after a few points increase."

"Hey, how did you find out, this method is not suitable for us at all."

"There is a method that suits us. 125700 Brainless Stud. I bought it on the first day of his resumption of trading, and I increased my position again in the middle. The current stable profit of 40 points is very exciting."

"Traitor, we are in the stock business, and you actually buy funds. If you kill me, I won't buy funds, even if it's Brother T's."

"By the way, brother T is really evil. Didn't he have a heavy position in liquor stocks as announced last time? Why is it still rising this month?"

"That's the position in the second quarter. You can refer to Brother T's position in the first quarter. Didn't you change it almost all over in the second quarter, so there is no reference point. Maybe it will be changed again this month."

"Hey, my big A's stinky virtues have also forced Brother T not to dare to hold shares for a long time."

As stockholders have discussed, the baijiu sector has entered a comprehensive correction phase this month, and Maotai, which has the smallest decline, also fell by 1.55% throughout the month.

But as of the 31st of this month, Junshitou still achieved a monthly increase of 2.99%, and its net value reached the exaggerated figure of 1.6903.

Since the resumption of trading in March, the monthly yield has been positive for six months.

It is also the positive income maintained by Jun Shishi Investment this month, which misled the public, thinking that Gu Junhao had once again adjusted his position and exchanged shares, and some investors who originally planned to buy this month after Baisa's callback was in place also gave up this idea .

The performance of Junshi No. 96.5 this month is also very good. The overall scale has reached more than 6.9086 billion yuan, and the net value has reached 7.5, an increase of [-]% compared to last month.

The fund capacity of around 7.5 billion scale has increased by [-]% in one month, which is not a lot. Although the goal of private equity funds of [-] billion was not reached this month, Gu Junhao himself and the client group are quite satisfied.

Although it is not uncommon for private equity funds at the level of tens of billions, and although the market is relatively sluggish this year, the private equity industry has ushered in a year that can be recorded in history.

As of June this year, the overall scale of the private equity industry has grown by nearly 6%, and private equity funds worth tens of billions of dollars have nearly doubled. There are more than 50 registered private equity fund managers.

There are more than 3 private equity funds that have been registered, and the subscription scale has reached nearly 5 trillion yuan, an increase of nearly [-] trillion yuan compared with the end of last year.

There were 102 private equity funds at the level of tens of billions, almost doubling from 54 at the end of last year.

Compared with the great development of the industry, the growth rate of Junshi No. [-] this year is far less than that of its peers. According to Junhao’s reputation last year, it should have already reached the achievement of a tens of billions of private equity managers.

Junshi No. [-] has never been open for subscription, and only relied on its own increase to increase its scale. During this period, there were two redemption channels.

To some extent, this is actually Junshi No. [-] intentionally slowing down the growth rate of the fund scale. Compared with most public fund managers who "transfer from public to private", Gu Junhao went against the market and went from private to public.

In fact, this is also the most incomprehensible thing for private equity peers. After gaining such a great reputation, they did not use this fame to collect money, but instead started investing in public equity and the primary market.

However, most of the peers are more grateful to Gu Junhao. After the stock market crash last year, those big investors who withdrew from the stock market did not dare to invest in the bear market.

At this time, professional and well-known private equity fund managers have become their best choice.

As the performance benchmark of the private equity industry this year, Junshi No. [-] has not opened the subscription channel, and some other well-known fund managers have naturally become everyone's second choice.

For example, Wang Chao, with his No. 2 performance in the private equity industry last year and his relatively stable performance after the stock market crash, is the best choice besides Gu Junhao.

Since the beginning of this year, the scale of Wang Chao's funds has increased considerably, and his brother-in-law Shi Xin has also officially registered as a private equity fund manager after training with him for nearly two years.

Moreover, relying on the excellent performance of the team, Shixin also began to independently manage a private equity fund. Shixin admired and recognized Gu Junhao's operation method.

After becoming a fund manager, he also asked Gu Junhao a lot of questions, and Gu Junhao also gave him a lot of advice on how to manage a fund so that he can maintain a steady growth, which benefited him a lot.

Adhering to the principle of learning and buying from Gu Junhao, Shixin did not deliberately pursue scale. The scale of the first managed fund started with 1 million yuan.

According to the popularity of private equity this year and Wang Chao's network, Shixin can definitely get more funds.

However, after Shixin listened to Gu Junhao’s opinions and summed up the successful experience of Junshi No. 1.2376, Shixin chose this way to start the business. Currently, the fund’s operation is not bad, and its net value has risen to [-].

In the bear market, under the premise of a small scale, the half-year yield of 23.76% has given enough surprises to investors.

Shi Xin also particularly agrees with Gu Junhao's words: "Fund managers should uphold mutual benefit and charge their own due management fees from clients' profitable funds, instead of blindly pursuing scale and lying shamelessly collecting money. "

Although Shi Xin has experienced under the hands of his brother-in-law Wang Chao for nearly two years, Gu Junhao's influence on him is far more profound than that of Wang Chao.

Sometimes, fate is so wonderful.

　Two in one, no chapters.

　　
　
(End of this chapter)