The Road to Rebirth Finance

Chapter 434 Sauce Manager
An active market needs a catfish, just as Apple's entry into the country has activated the entire mobile phone industry chain.

Before the establishment of the Tesla Shanghai Super Factory in 2018, the overall valuation of companies in the new energy vehicle industry chain is currently relatively low.

For pure industrial companies in the industrial chain such as Topology and Xushen, there is nothing to speculate about when they go public, and their stock price trends are quite average.

The reason why Xushen shares were able to pull out more than 10 daily limits at the beginning of its listing was influenced by Gu Junhao to a certain extent.

Junshi is a concept stock. Although it does not appear in Tong Huashun's special concept section, it is still more valued in the A-share market.

Junshi Capital holds the original shares of Xushen shares. This point has been hyped by the media since its listing. Xushen shares, which are the first shares listed on the primary market of Junshi Capital, cannot miss this opportunity for speculation. .

This is also one of the reasons why Xu Dong tried his best to invite Gu Junhao to attend the bell-ringing ceremony of Xushen Company's listing.

It's a pity that the listing time is not very coincidental, Gu Junhao's son was born only a month ago, and Gu Junhao, who is worrying about the full moon wine, naturally has no interest in this kind of ceremony.

Xu Dong, who was so angry, couldn't help complaining about Gu Junhao, why was he so eager to have a baby at a young age.

But if you complain about it, Uncle Xu is still very generous and gave Xiao Gu a big meeting gift.

On August 8, Tuesday, Xushen continued to close at a daily limit by changing hands, and the total market value hit a new high.

Gu Junhao stared at Xushen's trend chart with a strange look on his face. He had paid attention to this stock in his previous life. In his impression, the performance after the opening of the stock market should not be so strong?
After the listing of an auto parts stock, it can pull the market value to more than 100 billion yuan, which is definitely a bit overestimated when there is no major change in the business.

Although there is a certain deviation from the memory; but no matter what, it is always a good thing to be able to increase more.

The rebound of A-shares since bottoming out on May 5 has continued from summer to winter. This period is considered a rare time for A-shares to rest and earn interest.

大盘从5月11日最低的3016.53点位，一直上涨至11月14日的3450.49点位，方才告一段落。

Lasting for six months, the rebound rate of 433.96 points was higher than that in 2016 by more than 200 points.

On November 2017, 11, Zhongguo Ping An broke through a record high. The stock price of Zhong Guo Ping An closed at 16 yuan on that day, and the daily turnover exceeded 73.11 billion yuan.

Although Xu Shen's rise caused Gu Junhao to have some memory deviations, this may really have something to do with his intervention.

But for a big guy like Zhong Guoping, even if he buys a few hundred million, he will continue to rise in general according to his habit.

Zhongguo Ping An's surge is also the dividing point between the rebound in 2017 and the bear market in 2018. When Zhong Guo Ping An's stock price exceeded 80, the leeks were already crazy.

The call for 100 yuan in Ping An resounded throughout the entire A-share market. In his previous life, Gu Junhao had a leek friend who rushed into Zhongguo Ping An with 80 yuan. The impression is still vivid in his memory.

It can be said that it can't be stopped. This stock was the only stock that Gu Junhao persuaded people to cut their flesh back then. Of course, it was when he was at a high of more than 80 yuan.

Today's Ping An's stock price has reached 73.11 yuan, which is less than 80% away from the price of 10 yuan. Gu Junhao knows that this round of rebound is coming to an end.

Every round of stock market rebound has an iconic stock, and the iconic stock for the 2017 rebound is Zhongguo Ping An.

After the stock price of Zhongguo Ping An peaked, the year-long rebound also ended, and then experienced a long decline, and even liquor was not spared.

However, in 2018, gold is really everywhere. This round of big bear market can almost be regarded as buying with closed eyes.

On Friday, November 11, the stock price of Zhongguo Ping An rose by 17%, continuing to set a new record high, at 3.10 yuan, with a full-day turnover of 75.27 billion yuan.

After the market closed today, Gu Junhao called Liu Tingting, Wang Ruoyu, and Xu Jianqing together for a meeting. Junshi's new round of lightening up positions was coming again.

This round of large-scale lightening started from the big finance and pan-real estate related industry chains, but not just these sectors.

Including liquor, pharmaceuticals, new energy and other stocks, Gu Junhao also asked to reduce his position.

"This time, it started to reduce the position in an all-round way. In addition, starting from the end of the month, Jun Shishi Investment will once again limit the daily purchase amount to 1000 yuan, and let go of redemption."

"Huh? Is the boss not optimistic about the market? Then how much should we reduce?" Xu Jianqing asked.

"Well, I'm not optimistic. You two can reduce as much as you can. Anyway, there is no position limit. If you want to reduce, let's reduce Hong Kong stocks and rice stocks first."

The turmoil in the stock market in 2018 was not limited to A-shares, but the whole world. The trade war between the two major economies that started in February 18 caused great turbulence to the global stock market.

The continuous depreciation of the RMB, the lack of incremental funds in the stock market, the short-term hype sentiment that has been continuously hit by 641, and the acceleration of new share issuance.

All of this has had a very big impact on the market. There is no major policy benefit, and the market mechanism is not perfect, which is reflected in the whole year of 2018.

Junshitou has made a fortune until now, and its overall scale has already exceeded 120 billion yuan. If you only rely on the fund team's own position reduction, the positions that can be reduced are very limited.

According to the minimum position standard of 65%, Junshi Investment must hold a position with a market value of more than 80 billion yuan, which is still very large.

In this year-round unilateral downward market, a loss of 20 to [-] points, that is, an amount of more than [-] billion yuan, is considered very good.

In a unilateral downward market, keep more than [-]% of the positions and fight in the market. Even with the memory of his previous life, Gu Junhao cannot maintain profitability throughout the year.

Rather than doing this, it is better to drive out part of the funds and let them take profits, which can just take the opportunity to reduce the scale of public offering funds.

However, we still have to wait until the end of the month to make an announcement, so that Liu Tingting and the team have a preparation period, and there is no benefit to making an announcement in a hurry except to put myself in a passive situation.

As for Junshi No. [-] and self-operated trading, there is no such trouble, even if you keep short positions throughout the year, it is fine.

From next Monday to the end of November, there are still 11 trading days. With 9 trading days to prepare, it is enough.

"Okay, then I will start reducing my position next Monday, and I will make an announcement at the end of the month." Liu Tingting nodded.

"Well, Xiao Xu and Xiao Wang should also start to pay attention. If there are overlapping positions, give priority to Jun's real-price investment and first-out."

Among the three major sectors, there are certain overlapping positions, such as liquor, medicine and some Hong Kong stocks, and public funds hold the least positions, so it should be the priority to escape.

After all, relatively small funds flee first, avoiding the discovery of the main players, and at the same time maximizing their benefits.

On Thursday, November 11, the Shanghai Composite Index, which fell 30% last week, fell again by 2.29% in the last trading day of November on Thursday.

The Shanghai Composite Index closed at 3317.19 points, down 2.24% for the whole month, with the daily line breaking across the board and the monthly line falling below the 5-day line.

The Shanghai Composite Index, which was extremely strong throughout the year, began to adjust in November.

The GEM index fell 0.96% on the same day, and the index closed at 1770.30 points, a sharp drop of 5.32% for the whole month.

In this round of rebound, the GEM index failed to break through 2000 points, and 2000 points seems to have become a thing of the past. The changes in two years are embarrassing.

Once upon a time, ChiNext and its constituent stocks were the stars of the market, but now it is so difficult to even break through 2000 points.

Since the monthly line of Baijiu closed in October 2016, it has gone out of a magnificent monthly line of 10 consecutive positives. It has achieved rises in all months from the whole year to November this year.

From the perspective of ordinary investors, what kind of trend is this? The monthly line level is 14 consecutive positives, which has never been seen in the entire history of A shares.

However, since the acceleration last month, the trend of baijiu in November has been close to differentiation. The concept of baijiu, which has an amplitude of more than 11% in the whole month, only rose by 15% in a single month.

The trend of a high cross star also indicates that the volatility of the liquor market will be infinitely enlarged in the coming trading hours.

At 09:30 in the evening, Junshitou updated his net value on the last trading day of this month: 2.5680, which only increased by 0.99% for the whole month.

In fact, as early as the beginning of August, Junshi Investment officially climbed to the top of the history of public funds with a yield of more than 125%.

Due to the position of Junshi Investment, the positions of individual stocks in other sectors will change from time to time, but there is no change in the liquor sector.

Therefore, Junshi Investment has been ridiculed by investors as a fund called mixed growth, but in fact it is baijiu growth fund, and some investors even expressed disdain for the investment style of Junshi Investment.

For a fund that only holds liquor, its fund manager is destined to have no structure. If it wants to develop, it must engage in technology-based companies such as semiconductors. However, no technology stocks have appeared in Junshi Investment.

The title of Gu Junhao Sauce Fragrance Manager is also widely spread in the market.

Gu Junhao dismissed this. Manager Jiangxiang should be manager Jiangxiang. There is nothing wrong with it, as long as he can make money. The reason why these people slander themselves like this is because they have run out of liquor.

This kind of performance of other sectors throughout the year is average, only liquor has maintained an upward trend every month, such as a high bull market, how can it not make people envious and jealous.

When he saw such a report, Gu Junhao curled his lips and said: "Technology stocks? Dogs don't even buy them!"

However, at the same time as the net worth was announced today, an announcement made by Junshi Price Investment at the same time completely triggered market discussions.

"Since today's market closes, the upper limit of Junshi's value-mixed growth daily purchase quota has been reduced to 1000 yuan; at the same time, all redemption channels are open as usual, effective immediately!"

　1000 monthly tickets, thank you

　　
　
(End of this chapter)