The Road to Rebirth Finance

Chapter 433 The first harvest of the primary market.

Before the birth of Junshi Value Mixed Growth, the top three A-share public offering funds were CEIBS New Blue Chip, China Energy Revolution, and E Fund Ruihui.

From 2007 to 2008, CEIBS New Blue Chip achieved a growth rate of 125%, becoming one of the funds with the highest growth rate in the history of the domestic fund market.

The two funds, China Energy Revolution and E Fund Ruihui, achieved increases of 2015% and 2016% respectively from 115 to 96.

Now, Junshitou has replaced E Fund Ruihui, appearing in the No.3 historical increase.

The gains of these three funds were all created during the bull market phase, while Junshi Investment was created during the serious bear market phase.

Compared with the historical growth rate of these three stocks, the 103.77% increase of Junshitou is more valuable, which is one of the reasons why Junshitou can always be sought after.

It is worth noting that the highest growth rate of the fund usually occurs in the short term and is difficult to sustain. Investors who pursue short-term high returns may ignore the risk and long-term value of the fund, resulting in investment failure.

Therefore, the next biggest test for Junshitou is whether this high-efficiency growth can be sustained.

However, this is not a big problem for Junshishitou.

Because, the node of the market rebound has arrived. The Shanghai Composite Index hit a low of 5 on May 11. After the golden needle bottomed out, it started a wave of rebound that lasted for several months.

Since May 5, A shares have been in an intermittent rebound mode.

Although the first half of May was still in decline, the liquor sector was still very strong, which created a lot of profits for Junshi's investment in the secondary market.

In the end, throughout May, although the Shanghai Composite Index fell by 1.19% monthly, the overall profit-making effect was better than that in March and April.

Junshi Price Investment rose by 1.57% monthly, with a net worth rate of 2.0697, while Junshi No. 2.4, which has a relatively more flexible position, increased its value to 1.1345 with a monthly increase of [-]%.
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June 2017, 6, the eleventh day of the fifth month in the lunar calendar, is also the season for ear seeds.

On this day, Zhang Yiru gave birth to a son for Gu Junhao, and Gu Junhao named him Gu Yangui.

The son's name is taken from a long sentence in Lu You's Grain of Grass: "The green trees are cool at night and the doves are talking and noisy, and the painted beams are day and night and the swallows are late."

Being a human being in two lifetimes and becoming a father for the first time, this child is long overdue.

In the previous life, although Gu Junhao didn't have any children of his own, he still loved children and was more patient with them, even if they were bears, he would be obedient around him.

The newborn babies are all ugly, and it is impossible to tell who they look like for the time being, but Gu Junhao thinks that they should look more like their mother.

According to some observations by Gu Junhao, in the first birth, the mother's genes have a greater influence on the child, and often the children born in the first birth are more similar to the mother.

Although it is often said that a man can only be considered a real man after having a child, Gu Junhao has never felt this way before.

But after Zhang Yiru became pregnant, and at the moment when the child was actually born, Gu Junhao could still feel the change in his psyche.

At least, after Zhang Yiru became pregnant, Gu Junhao didn't miss his previous life so much, and his thoughts about his parents in his previous life were also transferred to Zhang Yiru and the child in her womb.

After being discharged from the hospital, Zhang Yiru moved into a special confinement center. Gu Junhao found her the best confinement care center in Quanbeicang. Gu Junhao, who had no experience as a father, could only express his importance in this way.

Fortunately, the market in June is still relatively stable, and Gu Junhao doesn't need to expend much energy on the investment in the secondary market; as for the company's daily affairs, in the absence of a suitable CEO, Li Xinyu can take the lead for the time being.

In this way, Gu Junhao can spend more time with his wife and children.

Li Xinyu, who has been Gu Junhao's personal assistant since the beginning of the company's establishment, has been able to help Gu Junhao take care of most of the company's daily affairs after four years and three full years of training, and the growth rate is still acceptable.

Sometimes, Gu Junhao even thought that if he couldn't find a suitable CEO candidate, let Li Xinyu try it. Although the ability may be much inferior to that of a professional CEO, at least he is a candidate he trusts.

The birth of Xiao Gu made everyone at Junshi Capital feel happy. The boss, who has always been generous, waved his hand on the day he was discharged from the hospital and asked Li Xinyu to distribute red envelopes to the employees instead.

From executives to cleaners, everyone is paid 2000 yuan, and no one will be left behind. This time, more than 40 yuan went out, and Gu Junhao also asked Li Xinyu to book [-] or [-] tables in the company's designated dining hotel. Banquet for employees to have dinner together.

On the day Zhang Yiru was discharged from the hospital, the company sent many people to visit, and everyone present could feel Gu Junhao's heartfelt happiness.

"Boss is really happy. I've never seen him so happy when he was making money." Xu Jianqing, who walked out of the hospital, said to Wang Ruoyu and Liu Tingting.

After thinking about it, the two couldn't help but nodded. It was the first time they felt this kind of happiness from the heart in Gu Junhao. In the previous transaction process, no matter how much they earned, they didn't feel this kind of feeling.

The ancients often said that if you don’t return home with brocade clothes, it’s like walking in brocade clothes at night; Gu Junhao’s first thought of sharing the happiness at the moment of giving birth to a child is to share it with his parents, but he can’t do this anymore.

Therefore, at this moment, all the employees of Junshi Capital became Gu Junhao's spiritual sustenance, sharing joy by giving out red envelopes.

With a wife and children, I already have a lot of money, and I have my own career. Everything in this life is much better than in the previous life, but it is a pity that I lack the affection I got from my parents.

If you had to choose again, which would you choose?Gu Junhao didn't know, and couldn't make a choice.

And more than a month after the child was born, Junshi Capital was happy to mention the first harvest of investment in the primary market. For this reason, Gu Junhao also teased that this was his son's full moon gift.

On July 2017, 7, Monday; Xushen shares successfully landed in A shares, with an issue price of 10 yuan, an issue price profit of 11.26, an issue price of 22.98 million shares, and an actual fundraising of 4160 million yuan.

On the first day of listing, the stock price of Xushen shares was reported at 16.21 yuan, an increase of 43.96%, with a market value of 33.72 billion yuan. Since then, like many new stocks, Xushen shares have gone out of 11 consecutive one-character market.

As of July 7, Monday, Xushen shares, which have been listed for 31 trading days, closed at 16 yuan, and the total market value hit a new high of 49.05 billion since listing.

Junshi Capital holds 1.49% of Xushen shares. As of July 7, the market value was 31 million yuan. Compared with the investment of 1.52 million yuan, the profit reached 4000 million yuan.

The huge profits in the primary market can be seen. This is because Gu Junhao entered late and got the shares. Gu Junhao is not willing to take too much advantage of Xu Dong, and the cost of holding is almost equivalent to the issue price.

Otherwise, they can earn more; for example, Park Lane Auto Parts and Xingyuan Technology, if they can be listed, the profit margin obtained by Gu Junhao is a rather exaggerated figure.

Xushen shares are more like an IPO benefit for Gu Junhao to ride a car. Although it seems that the profit is not very high at this time, in Gu Junhao's impression, Xushen's highest market value should be around 300 billion yuan.

And by that time, the 1.49% stake in Junshi Capital has also been lifted. According to the valuation at that time, it should be more than 4.4 million yuan in market value, and the overall income is still more than ten times.

With the listing of Xushen shares, Xu Dong, who holds more than 50% of the shares, has a net worth of more than 50 billion yuan just by relying on Xushen, becoming another new rich man above 50 billion yuan in Beicang District.

The charm of capital began to spread in the hearts of these real bosses.

In fact, as early as the end of May before Xushen’s listing, Junshi Capital Co., Ltd. participated in the primary market private placement project of Topology Group, another auto parts company listed in March 5 in Beicang District.

At that time, Topology Group issued 7847.758 shares in a non-public offering at an issue price of 30.52 yuan per share. Junshi Capital, which has become well-known in the capital market, also participated in this offering.

In the end, Gu Junhao won 1015.271 of them at a total cost of 3.1 million yuan. This is the largest investment Junshi Capital has made in the primary market since its establishment.

The lock-up period is one year, ending May 2018, 5.

Calculated from the current stock price, the fixed increase price of 30.52 yuan and the big bear market in 2018 after the lock-in period expires, this fixed increase is a loss.

However, Gu Junhao knew that Topology’s future growth would be better than that of Xushen, and its shares would still be able to rise to around 2022 yuan in 100 after experiencing multiple dividends and conversions.

Therefore, from a long-term investment perspective, the fixed increase price of 30.52 yuan per share is not considered high.

The fixed increase is calculated based on the 20-day average price of the stock in the secondary market, and it is impossible for you to get a particularly cheap price.

There are many factors in the market. From the announcement of the news to the approval of the China Securities Regulatory Commission, to the final determination of the fixed increase, changes in stock prices have a relatively large impact.

In the long run, with the fixed growth of Topology, Junshi Capital can finally get three times or even more than three times the profit, which is quite good.

Leshi.com also has a lot of fixed increase times, and the last batch of bigwigs who set a fixed increase at the price of 50 yuan are not the same as the receivers.

With the rise of Xushen shares and the large increase in the previous Tuopu, Junshi Capital and Gu Junhao have become a force that cannot be ignored in the investment circle of Beicang.

The secondary market is always unfavorable, and the primary market also has its own vision, the release of Made in a Great Country 2025, and the initial proposal of the concept of specialization and specialization.

Topology, Xushen, these physical companies that focus on auto parts, have successively succeeded in IPOs, which also makes everyone realize that the opportunity for the real industry to realize cash in the financial market seems to have arrived!

Gu Junhao is one of their bonds. Junshi Capital can not only bring them funds, but also connect them with contacts in the industrial chain.

These, from the changes that have taken place in Park Lane Auto Parts and Xingyuan Technology since Gu Junhao became a shareholder, it can be seen that Gu Junhao has contributed a lot to the fortunes of these two companies in the past two years.

Among them, there are quite a few businesses that Gu Junhao contacted for them through his contacts, although whether they can negotiate business in the end depends on themselves.

But you have to have a chance to talk about it. If you don’t have a chance, where do you start?

　After taking two packs of cold medicine, I felt weak all over, and my writing was really slow.

　　
　
(End of this chapter)