The Road to Rebirth Finance

Chapter 462
In 2018, apart from Li Daxiao, there were not many people who dared to sing publicly.

Especially under the extreme global market conditions in the first week of October, apart from Gu Junhao, there is no other fund manager who dares to speak out publicly.

Junshi Capital, which grew up in 2014, can be said to be the most representative figure in the transition from a bull market to a bear market.

The extreme market throughout the year, the extreme industry in the past week, such a fund manager with excellent performance and an extremely high winning rate in each round of big market, in less than a month, he publicly sang long twice, it is Very attention-grabbing.

However, it is also an indisputable fact that its public offering funds have fallen by as much as 15.6% for the whole year so far.

When the funds I manage are in a period of retracement throughout the year, and the market is extremely dangerous, if I still maintain a bullish view, it is inevitable to be scolded and criticized.

In the morning, people who didn't work on weekends started to get up. There were more comments on Gu Junhao's social media, and more people began to curse.

Especially on a certain blog, the atmosphere on the blog has become worse and worse over the past few years, but no matter what, it is still a good channel for speaking out.

"The trend of the market can't stop at all. Isn't it a bit shameless to persuade people to buy the bottom at this time? What's the difference with Li Daxiao?"

"It's almost enough. Last month's rebound made you circle billions in the past. It's almost enough, and you still want to cheat Jimin's money?"

This kind of yin and yang comments are not uncommon, so Li Xinyu also contacted Gu Junhao to ask if he should delete them.

"If you don't delete it, just keep it. You put this article on top, and we'll see when it's time."

"Ah? Boss, you are so aggressive. Didn't you always like to keep a low profile before? What's wrong?"

"It's okay, you can just do it."

"Okay, seeing how confident you are, boss, I will also support a wave of our company's funds and buy some more."

General fund companies will require employees to compulsorily purchase the funds issued by the company, but the funds issued by Junshi Capital will not worry about being sold, so there is no such regulation.

Except for the fund issuance requirements, they are all voluntary. Employees like Li Xinyu will naturally buy them, but they will only buy them when the fund is just issued.

All in all, whether it is Junshi No. [-], Junshi No. [-] or a public offering fund, over the past few years, the employees of Junshi Capital have investment needs, and those who honestly follow the purchase of funds have indeed made a lot of money.

But those who like to speculate in their own stocks have suffered a lot of losses in the past few years, especially this year, and their losses are much larger than the fund's withdrawal.

Fellow public offering funds actually don't understand Gu Junhao's behavior very much. There is no sign of a reversal in the market. At this time, even if it is the bottom, it is actually thankless to sing too much.

News that the actual controller of Junshi Capital continued to be bullish on Saturday was fermenting in the market, and in the shareholder forum held this Sunday, 641 also publicly stated: The spring of the stock market is not far away.

On the news, the financing balances of the Shanghai and Shenzhen stock markets were officially announced.

After the end of trading this Friday, the financing balance of the two cities plummeted by 125.78 billion yuan, falling below the 8000 billion mark, setting a new low since November 2014, 11.

In the evening, it was reported that the Shenzhen Municipal Government had arranged tens of billions of special funds to help local listed companies resolve the liquidity crisis.

This is the first time since this year's long bear market that the local government has explicitly participated, and has a policy of real money. The talk of bailing out the market has begun to become lively again.

After a sharp drop for a week, the news this weekend is generally positive. First, the most popular fund manager in recent years once again reiterated his bullish attitude.

Immediately afterwards, the regulators publicly stated that the spring of the stock market is far away, and the financing balance of the two cities has reached the lowest level in the past five years, plus the first real money invested by the local government to participate in the rescue operation.

A large brokerage institution also issued operational recommendations on Sunday night, advising investors not to blindly sell down at the current point, especially after a continuous decline, it is not advisable to continue to follow suit.

For investors with heavy positions, the suggestion is to optimize the shareholding structure, rather than sell down and lighten up positions.

In two days, the wind direction of some head institutions has changed. You can look down on their operation ideas, but you can't deny their sense of smell.

Monday, May 10.

This weekend, Ningwang announced its profit forecast for the third quarter. It is estimated that the profit in the third quarter will be 14.2 billion to 15 billion yuan, and the year-on-year growth is expected to be between 87.52% and 99.12%.

In the morning, Gu Junhao called Liu Tingting and the others to his office again, this time summing up the total holdings of King Ning.

The performance in the third quarter exceeded expectations. No matter how the market performs today, King Ning will have a good start.

"Prince Ning, what is our total shareholding now?" After the three of them sat down, Gu Junhao went straight to the topic.

"At present, our total shareholding is 1.0572 million shares, and the shareholding ratio should be around 4.82%. Do we still need to buy it?" Xu Jianqing quickly reported the number.

Recently Ning Wang’s buying principle is that the two funds do T within a day and do not increase their positions; there is no way, the price has fallen too much, and sometimes you really can’t buy it when you want.

The previous position was too heavy, but fortunately, the cost of holding the position is low, and the overall profit is still there.

You actually added a little more to your real-price investment, which is just below the standard line of 10% holdings, and you can’t add much, so the task of increasing your positions falls on the side of the self-operated market.

Different from the two funds, the self-operated market has the company's own funds, so there is no performance pressure, but the time cost is better than the cash cost.

In the shortest period of time, buying the most shares has been the task since October.

This kind of operation strategy makes the operation method of self-operated trading almost unlimited increase in flow, and it is a buy word to buy more or less, and it can be said that it has unlimited firepower.

This feels very cool, especially in the current bear market, everyone is selling, but I have been buying, buying, and buying.

Even Xu Jianqing couldn't help himself, and went to the battle to experience it for a few days.

Since becoming the person in charge of the self-operated market, after 2017, because of the need to take care of the overall situation, Xu Jianqing, a trading fanatic, seldom operates by himself.

However, he also issued the most orders. In rice stocks, Xu Jianqing jumped back and forth between shorting and longing, and made a lot of money.

Ning Wang currently holds 1.0572 million shares, and the expected purchase volume is 1.075 million shares, accounting for 4.99% of the total share capital.

Based on the current shareholding, that is to say, the purchase volume is less than 180 million shares. Based on Friday's closing price, it is about 1.1 million yuan.

However, this kind of top-selling stock that exceeds expectations must not be bought at Friday's closing price, and the amount of funds needed must be more.

After contemplating for a while, Gu Junhao said: "Forget it, I don't want to increase my holdings. There is only a shortfall of more than 1 million positions. It is not necessary to buy them all. It is more cost-effective to reserve a little space for T."

Last year, the national team held a placard for a well-known local clothing brand company in Yongcheng, which is still vivid in my memory.

This is actually an oolong incident caused by holding down 4.99% of the shares and doing T. On that day, the company turned 10 into 4 shares with ex-rights, but the derailed shares will not be listed for circulation until the next day.

The national team’s shareholding had reached 4.99% before. It is estimated that they bought a little more T on that day, so they bought 6800 more lots. As a result, it is estimated that the trader forgot to increase the shares on the next day.

The result was that on the next trading day, after the converted shares were received, the shareholding was found to have changed from 4.99% to 5.01%. . . .

Naturally, I am embarrassed to say this directly, but everyone knows what is going on. As the national team responsible for the stabilization fund, it is actually very reluctant to hold more than 5% of the shares.

Otherwise, when the stock goes up and wants to sell in the future, it has to be announced in accordance with the new rules of the China Securities Regulatory Commission on the reduction of holdings. This will be too troublesome, and the impact will not be good.

Gu Junhao didn't want such an oolong incident to happen in his company, it would be really embarrassing at that time.

"Okay, I understand, then I won't buy it, and I will continue to do T tasks on my side, King Ning."

"Well, okay, you continue to buy other holdings, and the shares are also calculated, and the holdings should not exceed 5%;"

Gu Junhao thought for a while and said: "Forget it, let's keep it below 4.9%, no matter which stock it is."

"Haha, okay, I will explain to them clearly, don't make the mistake of the national team trader."

"Okay, let's get ready. From today onwards, I will focus on increasing positions, and I will fill up all positions before the end of the month!"

"understand!"

At 9:25, the call auction ended and the three major indexes opened flat.

Ning Wang reported 68.80 yuan, and the stock price rose by 9.44%, approaching the daily limit. During the call auction period, the rush to raise funds reached more than 3 million yuan!

King Ning's stock comment area was full of joy!
"Damn it! It's so fierce, a stock with a market value of almost 1900 billion is close to the daily limit?"

"Damn it! Is it really going to rebound? Gu Laoer is making a fortune, the fund has a heavy position, and the top ten tradable shareholders hold more than 7000 million shares!"

"Ning Wang has basically set a daily limit for the opening of the market. Gu Laoer has made at least 4.5 small goals a day, but I don't know if he will hit it or not."

"I don't think it will be a smash. He has withdrawn almost 50% since King Ning opened the board. The fund is in a state of full position. It is impossible to smash it at this time. Let's go, and help Gu Laoer carry the sedan chair."

"Damn, you guys were still scolding Brother T last weekend, and now you're helping to carry the sedan chair. I'm really convinced!"

"Hitting is kissing, scolding is love. We love Gu Laoer so much that we scold him. Lol, we don't even bother to scold him now."

At 9:30, the transaction officially started, and more than 1.97 million buy orders pushed Ning Wang's stock price directly to 69.15 yuan, an increase of 10.01%!

Immediately came more than 3 orders with a value of more than 2 million yuan, and King Ning opened the second board!
"Damn it, I didn't buy it, I would have known the price limit was up!"

"Damn~ the opening second board, the selling orders are dozens of hands, there is no selling pressure at this position."

"Forget it, forget it, I can't buy it anymore, wait until tomorrow, and go to buy local stocks in Shencheng City."

　And at night

　　
　
(End of this chapter)