The Road to Rebirth Finance

Chapter 431

At 05:30 in the afternoon, Junshi No. [-], whose net worth was normalized, announced the curvature of net worth for the first time this year.

In January, due to fundraising and warehouse building, and the busy Chinese New Year, Junshi No. [-] did not announce his specific net worth.

It is worth mentioning that Junshi No. [-] is raising funds for the third time, and the net value is normalized. There is also a precondition, that is, no redemption will be opened within this year.

If customers want to redeem their shares, they can only wait until January next year.

Therefore, Wang Ruoyu and others no longer have to worry about the redemption every quarter. The one-year closed period is quite beneficial to the operation team.

1.0544, which is the first answer sheet Junshi No. 295 handed over to investors. At the same time, the size of the fund has exceeded [-] billion yuan.

Junshi No. [-], which is almost at the lowest point after the pullback in January, is limited by the excessive amount of opening positions, but the overall income is quite good.

Including the Chinese New Year holidays and the usual weekends, Junshi No. 2 has only 28 trading days from the first opening of the position to the closing on February 27.

In 27 trading days, there have been more than 15 billion yuan in revenue, and it is still in the process of building a position, which is already quite excellent.

Of course, this is mainly due to the rise of the broader market, which has rebounded for two consecutive months and rose 2% in February.

On the other hand, it is the surge of SF Holdings. Among the revenue of more than 15 billion, nearly half of the profits are created by SF Holdings.

The net value of Jun Real Price Investment showed a monthly increase of 2.02%, and since Gu Junhao took over, it has maintained an upward trend for 12 consecutive months.

And his net worth has also reached 1.9906. Although he still hasn't been able to double, he is only one step away.

In the year when the market was at its lowest, doubling the overall return of the fund is undoubtedly something worth boasting about, and it also gave Jimin more confidence in holding Junshi Investment.

Judging from the statistical data, except for the first few months, the redemption rate of Junshi Investment is still relatively low, and the operation of the fund is relatively stable.

The extremely small intraday fluctuations are the characteristics of real price investment, which makes it difficult for some Christians who like to use funds for swing operations.

Subscription and redemption fees are not low. No matter how well the operation is, the probability of losing handling fees is relatively high.

For example, among Li Ze's group, there are indeed some people who want to learn the swing operation of stocks, and when the real price rises to a certain position, sell them.

After that, I bought it again when it was withdrawn to obtain the interest rate difference, but after trying it a few times, I found that it basically ended up with a loss in handling fees.

In the end, everyone also abandoned this model.

On the other hand, Li Ze, who bought from the first trading day, has been lying down, earning a lot of money, this feeling is really wonderful.
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After rebounding around the Spring Festival, the broader market once again returned to above 3200 points at the end of February, reporting 3241.73 points.

This also means that the market is once again facing a strong pressure between 3250 and 3270 points, and the next transaction will be a moment to test investors' hearts.

Throughout the history of A-shares, there are few times when the market goes particularly well in March and April, and the first quarterly report often determines a company's annual revenue.

During this period of time, institutions will frequently adjust their positions and swap shares, and there will be a lot of thunder caused by annual reports and quarterly reports.

A more interesting thing also happened in February. On the second daily limit day of Shunfeng’s exploration of stocks, that is, February 2.

On February 2017, 2, the China Insurance Regulatory Commission issued the most severe punishment ever.

The target of the punishment is Boss Baoneng Yao, who had a great reputation last year and successfully entered the top 10 of the domestic rich list.

The China Insurance Regulatory Commission imposed a severe punishment on Boss Yao, "a fine of 80 yuan, disqualification and a 10-year ban from entering the insurance industry"!

Boss Yao, who has entered the public eye since the Baowan dispute began in 2015, ushered in a turning point in his career at the beginning of 2017 after two years of prosperity.

Banned from entering the insurance industry for 10 years, this punishment is quite a blow to Boss Yao.

On the other hand, it also shows the attitude of the upper management. In the future, insurance funds will no longer become A-share incremental funds. Without such a large amount of incremental funds, there will be more or less losses.

Although insurance funds are ugly, after entering the market, they massively increased their holdings of a certain company's shares, and even competed for the actual control of the company, but they did play a significant role in the stock market crash.

Up to 1500 billion incremental funds entered the A-share secondary market, boosted stocks, and drove the sector, which also saved many retail investors to a certain extent.

On March 3, Wednesday, the Shanghai and Shenzhen stock markets opened slightly lower.

On the news side, the official manufacturing PMI announced in February was 51.6, which has been above the line of prosperity and decline for seven consecutive months. It is expected to be 7 and the previous value is 51.1.

In addition, margins returned for the fourth consecutive week, and new investors achieved three consecutive increases.

In addition, the Ministry of Industry and Information Technology officially issued a document, which will be fully implemented, the manufacturing 2025 policy, and the craftsmen of the big country will be online~~

After the morning call auction of Shunfeng Holdings, the stock price was quoted at 73.48 yuan, a one-word daily limit.

"Haha, isn't it like the trend after CRRC's resumption of trading, after pulling out three or four daily limit boards, and then one word daily limit."

Today, Gu Junhao appeared in the No. [-] trading room, and Junshi No. [-] has basically completed the opening of the position. The rest depends on Wang Ruoyu's own ability.

"Is the situation consistent?" Liu Tingting asked following Gu Junhao's words.

"Well, the leading one-word board, the short-term situation has reached an agreement, and it can be sold. Let's reduce the logistics sector collectively." Gu Junhao nodded.

Affected by the name change of Shunfeng, the logistics sector broke out collectively at the end of February. As a large-scale fund, it is naturally impossible to buy only one stock.

Shunfeng Holdings is just one of the representatives. Shunfeng Holdings was pushed to a flat board in early trading today, which also means that the entire sector has entered a period of emotional climax.

The risk of divergence after the emotional climax period is relatively large, and some stocks cannot be ruled out, and they will come to consensus again from the divergence.

But this certainly does not include SF Holdings, which has a market value of nearly 3000 billion yuan. This kind of big man, who has experienced a short-term explosion, must take a long time to digest.

"Okay then, let's start selling," Liu Tingting ordered to the trader.

On the other hand, in the trading room of Junshi No. [-], it is also beginning to gradually clear the logistics sector, but everyone is more restrained.

Just for Shunfeng to hold one stock, the market value of Junshi No. 20's holdings at this time exceeds [-] billion yuan, plus the market value of Junshi Price Investment.

Junshi holds a market value of more than 30 billion yuan in the stock of Shunfeng Holdings alone. Selling it in an aggressive way is undoubtedly killing itself.

At 9:30, the trading started, the Shanghai Composite Index opened lower and continued to rise, and the ChiNext Index also began to open lower and move higher.

The sub-new bank Jiangyin Bank, which has recently become a demon, has a sluggish performance today, dragging down the entire sub-new stock sector. Zhangjia Bank, a popular stock in the early stage, pulled back strongly in the early trading and took over Jiangyin Bank.

After 641 came to power, the biggest performance was the substantial expansion of the banking sector, and 2016 became the spring of IPOs for bank stocks.

Among them, most of the bank stocks are concentrated in Jiangsu Province, where 641's hometown is located. Jiangyin Bank and Zhangjia Bank, which have recently gone out of business, are both from Suzhou Province.

Jiangyin Bank became the first commercial bank in the history of A-share IPO to land, and the first bank after the opening of the bank's IPO was Suzhou Bank.

Among the 14 banking companies that have been listed or are queuing up, Suzhou Province occupies 5 seats, among which local commercial banks are the main ones.

At present, the number of A-share bank stocks has changed from 16 to 25, and this is only a change within a year.

Affected by the continuous crackdown on hot money in 2016, hot money appeared cautious throughout the year. Although there are many classic scenes in which the hot money in the Buddha market still forcibly topped the board after receiving supervision.

But after all, the arms can't carry the thighs. This year, the hot money has been very aggrieved. It may also have a certain element of revenge to turn Cixin Bank into a monster stock at the beginning of the new year.

After the Shanghai and Shenzhen stock markets continued to rise in the morning, the resistance still failed to break through, and the main funds began to withdraw as soon as they saw it.

With the step-by-step correction of the index, the market also changed in the afternoon, and Shunfeng Holdings left the board at 14:18 pm.

In just 3 minutes, Shunfeng Holdings outflowed more than 5 million yuan, and the stock price fell directly from 73.48 yuan in the meeting room with the daily limit price to 68.89 yuan, a report up 3.13%.

The big dive of leading stocks in popular sectors is undoubtedly a big blow to the broader market, especially the Shenzhen Component Index where it is located.

"Don't worry about so much, speed up the sale, and don't care what the price is. Anyway, it's just selling. If you can't sell it all today, you can continue to sell it tomorrow."

Gu Junhao said to the traders in the operating room at the moment Shunfeng Holdings dived.

Some other stocks in the sector, due to their small positions, were almost cleared in the morning. At this moment, only this one is left.

Fortunately, the leading stocks opened on the first day, and there were still a lot of funds that were not afraid of death. In the last 40 minutes, the trading volume of Shunfeng exploded.

There are not a few funds rushing in to buy bottoms, but the fleeing funds led by Junshi Capital should not be underestimated.

The strong smashing of funds caused the stock price of Shunfeng Holdings to fall to 64.60 yuan at one point, a drop of more than 3%, and the fluctuation of Shunfeng Holdings throughout the day was as high as 13.29%.

The turnover rate reached an extremely exaggerated 29.71%, and the shares circulating outside the market were almost changed over and over again.

The turnover of Shunfeng Holdings was 37.7 billion yuan throughout the day, and the final stock price closed at 70 yuan, a rise of 4.79%.

Shunfeng Holdings, which dived in late trading, caused the entire logistics sector to lead the decline in the two cities, and the outflow of funds was also the largest. All aspects indicate that a staged hype in the logistics sector has ended.

On March 3, the turnover of Shunfeng Holdings fell to 2 billion yuan, and the turnover rate remained high, as high as 33.7%. The stock price ended with a drop of 26.41%.

On March 3, Friday, the last trading day within a week, Shunfeng Holdings fell 3% again today after closing down 2.99% yesterday.

Shunfeng Holdings, whose turnover rate remained at 21.66% throughout the day, finally closed at 62.60 yuan.

In the three trading days, Shunfeng Holdings dropped as much as 73.48% from the highest opening price of 17.38 yuan, and the three-day turnover was nearly [-] billion.

Among the three trading days, Shunfeng Holdings appeared on the Dragon and Tiger list for two days, and Junshi's two major trading seats appeared on the Dragon and Tiger list for two days.

Moreover, both days were the leading sellers on the Dragon and Tiger List, with Junshi No. [-] and Junshi Price Investment ranking first and second respectively.

A total of 20.4 billion yuan has been withdrawn from Junshi No. 11.25, and [-] billion yuan has been withdrawn from Junshi Investment.

The Junshi department, who fled at a high level, left a lot of chips for hot money all the way through three trading days, as well as the special seats for Shenzhen Stock Connect that appeared on the buy one seat on Friday.

It can be said that Junshi is the well-deserved main force of Shunfeng Holdings, which has maintained a turnover rate of more than 20% for three trading days.

In a sense, Gu Junhao has already been able to influence the trend of a certain sector of A shares.

　Continue to ask for monthly tickets, there are almost 1000 tickets~

　　
　
(End of this chapter)