Chapter 660: 140 billion asset management volume!
Seeing such a situation of the opening of the two markets, countless investor groups inside and outside the market were excited.
Among them, many investor groups are already in the call auction stage, desperately continuing to chase the hot concept stocks of the two core hot sectors of securities and Internet finance.
And a few minutes later, when the market ushered in the official continuous auction transaction.
I saw that the 'securities' and 'Internet finance' sectors, which were originally led by the high-opening, continued to be flocked to undertake the capital groups, and rapidly pushed up, and the main line of 'big finance' continued to siphon the incremental funds and active capital groups of the market, becoming the core main line area with the highest market identity.
At 9:37, after a huge amount of turnover at the beginning of the session, 'Western Securities' continued to seal the price limit upward.
It has realized the first five-board stock since the counteroffensive of the 'securities' sector, and has also become a weighted hot stock with the highest attention in the two cities.
At 9:42, after a huge number of changes of hands, 'Straight Flush' also continued to seal the daily limit, realizing the four-board daily limit, and the market value came to 15 billion.
At 9:47, the securities sector index rose by more than 2% again, but at the same time, compared with last Friday's quantitative performance, it has significantly shrunk, showing a downward trend of shrinkage and shock.
At 9:50, the main line sectors of 'infrastructure' and 'military industry', which have been weaker than the market trend in recent days, rebounded.
At 9:55, the Shanghai Composite Index reached about 1.5%, that is, near 3100 points, encountered resistance and fell into a sideways trend of shrinkage.
At 10:15, in the Shanghai Index intraday high shrinkage shock, the Shenzhen Index, the ChiNext Index rebounded strongly, and a number of "science and technology growth" main line concept stocks in the two major index components, such as "infrastructure", "military industry" and other early main line concept stocks, have obvious traces of main capital care, and to the "LETV, Internet speed technology" such a gem refers to the core weight stocks, and' The core stocks of the main concept of science and technology growth have also shown a more obvious upward trend, which has reversed the trend on Friday.
At 10:25, the overall pattern of the market formed a shrinkage shock upward trend with the main line of "big finance" as the core, and the stocks of the two popular sectors of "securities" and "Internet finance" were no longer attacked and struck hard, and the active capital groups in the market that were originally strongly siphoned by the main line of "big finance" were dispersed to other main line areas.
At 10:30, the Shanghai Composite Index continued to fluctuate around 3100 points, and the internal market surged, one after another, and the hot spots rotated frequently.
At 10:35, the check of "Blue Stone Reloading", in the case of a red 5 points, at this time, turned around and fell, returning to the flat price, and at the same time driving the "new shares" plate and the "sports industry development" plate are also out of the obvious upward and downward trend.
Seeing a steady movement in the market for an hour open.
The broad investor base in the market, both in terms of operation and emotional reaction, is still aggressive.
And the group of incremental funds flocking to the market has not only not weakened, but is still increasing in this stage.
On the major stock discussion platforms on the whole network, as well as on the stock trading discussion platform, it can be clearly felt that some almost new investor groups have begun to emerge.
And off-the-counter, about the brokerage business department.
The investor groups queuing up to open the two financial services and the business of opening the gem authority are also continuing to grow, and the new account opening groups are increasing rapidly, and one of the two people in the business department quarreled because of the problem of queuing up to open an account, and then fought, at this time, rushed to the hot search.
As for the new institutional level, the Shanghai Composite Index has broken through the 3,000-point shackle.
The number of companies registered for investment consulting and financial consulting has also increased instantly, and countless over-the-counter capital allocation companies have sprung up in various names.
At the same time, some of the capital of the private sector is active.
For example, the large-scale private capital accumulated through the Internet financial platform has also begun to target the A-share financial market at this time, and has entered the market through various channels and various names.
Of course, in the central bank's intention to loosen monetary policy, and cut interest rates and reserve requirements, market expectations have changed.
Financial institutions have also begun to release water to the market, and various loan approvals have become relaxed, which has naturally led to many investor groups to enter the market with leveraged funds from consumer loans.
There are also some active capital groups outside the market that originally focused on the property market.
At this time, seeing that the stock market was more active than the property market, and at the same time, the money-making effect became more popular, and I couldn't help but shift my attention and invest funds in the A-share market.
There are also new fund products and a rapidly expanding group of people.
It is also fueling the arrogance of funds entering the A-share market rapidly.
According to the market report, the scale of new public funds in the past half month has reached more than 500 billion, and countless public fund institutions, as well as private equity institutions, are taking advantage of the market sentiment and investment confidence to expand the scale of their asset management, with full advertising effect and publicity effect, attracting countless new investors from the OTC to enter the market, and introducing more and more OTC funds into the financial market.
There are also groups of funds that were originally invested in the bond market.
At this time, I saw the extreme money-making effect of the stock market.
At a time when 'bull market expectations' have swept through the market like a hurricane, and have begun to penetrate into the hearts of investors inside and outside the market, they have also changed their investment goals from the bond market to the stock market.
Under the influence of so many on-market and off-market funding factors......
The buying force of the A-share market has not only shown no signs of weakening, but is getting stronger and stronger in the upward movement of the index step by step.
"The in-depth fermentation speed of 'bull market expectations' is really rapid!"
Seeing that there is no sign of retracement adjustment in the market, and as long as the index is slightly adjusted downward, the disk buying orders will emerge in an endless stream to undertake, around 10:40, Modu, Zexi Investment Company, in the main fund trading room, Xu Shen stared at the changes in the two markets, and couldn't help but sigh: "In the era of mobile Internet, the fermentation speed of information is too fast, and the ecological transformation of the market is much faster than before, it seems that ...... The continuous short-squeeze trend of the entire market is going to continue for a while. ”
"Indeed!" Zhou Kanying said, "This is only a short four trading days, the voice of the 'bull market' has resounded throughout the market inside and outside, and I feel that the arrival of the mobile Internet era has significantly increased the speed of information dissemination, and everyone's expectations have changed much faster than before." ”
"It's going to fuel the pendulum effect in the market!" "It's both a good thing and a bad thing. ”
Zhou Kan smiled and said: "Anyway, through the fermentation of this expectation, it is still a good thing for the market and for us to introduce various capital groups outside the market, as for the rest...... You can look at it later. ”
"But, Boss......"
Zhou Kan said this, paused, and said: "The main capital of the 'Yuhang Department' has increased its positions on a large scale in the securities and Internet financial sectors for the last four consecutive trading days, isn't it a bit too deliberate?" The securities sector and the Internet finance sector, in the case of the market's 'bull market expectations' becoming more and more intense, are the first active capital groups in the market to bear the brunt of the direction of increasing their positions.
I'm wondering if this capital is really in the direction of 'big finance' before.
It's true that there is not much of a lurking layout.
Therefore, now I continue to increase my position and grab chips, and I want to make up for the corresponding position.
After all, this share of funds, the current asset management scale, is already more than 100 billion level, this level of capital group layout, especially to carry out the conversion of the main position and the transformation of the main line of investment, is not easy, they did not have time to increase the position of the 'big finance' main line of chips before, in fact, it is also reasonable.
Although everyone regards the main capital of the 'Yuhang Department' as the vane of the market.
But in essence, no one can do every time, every step is just on the pulse of the main line of the market, so as to make a perfect trading strategy!
I'm wondering, are we looking too high on the capital of the 'Yuhang Department'? ”
"You think so...... There's nothing wrong with that. Xu pondered for a moment and said, "No matter whether the capital of the 'Yuhang Department' has completed the layout of the core position in the direction of 'big finance', it can't change the direction of the core main line of 'big finance'."
Of course, if the current position of the 'Yuhang system' in the direction of 'big finance' is insufficient.
Then, the market of the 'big finance' line may be more aggressive.
After all, when everyone realizes that there is no cost gap between themselves and the core main capital of the 'Yuhang Department', the situation of competing with each other and competing with each other will be more intense.
There is also the expectation of the "bull market" has just fermented, the core stocks in the main line of "big finance", after just a few trading days, generally only out of about 20% of the space, compared with the other main lines of the entire market, especially compared with the core main lines such as "infrastructure" and "military industry" that have led the market significantly, the current "big finance" line, whether it is valuation, or future expectations, there is still great room for growth, active capital groups in the market, and a large number of incremental capital groups followed up by the over-the-counter.
There is no doubt that it will continue to gather in this direction on a large scale, increasing positions and going long.
In any case, the core main line of 'big finance' has completely replaced the popular main lines in the early stage such as 'infrastructure' and 'military industry', and has become the unshakable core main line leading the rise in the current market changes.
What can we do at this time......
It is not afraid of any intraday adjustment in the market, patiently holding positions, waiting for the market to hit a high level of space step by step, and further expanding the profits of our positions. ”
"Hmm!" Zhou Kan nodded, "The two months at the end of the year are destined to be the two months for the main line of 'big finance' to shine in the entire market." ”
With the emotion of the two, the market trading time continued to move forward to about 10:50.
At this time, the two core sectors of securities and Internet finance also had a relatively obvious trend differentiation of individual stocks, and a clear sense of market performance was formed.
Such as the securities sector.
The daily limit of Western Securities has formed a 5-board trend; Guangda Securities, Orient Securities, Southwest Securities, and Pacific Securities fluctuated from 4% to 5% at intraday highs; CEFC Securities, Huashang Securities, Huatong Securities, and Huatai Securities fluctuated 2% to 3% intraday, and Founder Securities, Northeast Securities, and State Investment Capital ...... It is significantly weaker than the performance of the securities sector index, which is below the 2% increase.
Internet finance sector.
Flush, Great Wisdom and Jinzheng shares have formed a situation of 4 boards, which is the first echelon of the plate leader; Hengsheng Electronics, Oriental Fortune, Yinjie Technology, Sunline Technology, and Shanghai Ganglian rose between 4% and 7%, with obvious high-level shocks, and on the disk, the buying was strong, and it was the second echelon of individual stocks in the sector; Others, such as Tianyu Information, Tianyang Technology, Compass...... and other stocks are basically the same as the trend of the broader market, which is a non-core stock, and on the market, the buying order is weaker than the previous concept stocks.
Others, the insurance and banking sectors, as well as a number of stocks in the main line of 'technology growth'.
The performance is basically similar to that of securities and Internet finance, the two core sectors with the highest market attention.
This shows that when the extreme speculation gradually subsides and the investment sentiment of the market gradually stabilizes, then, whether it is the active capital group in the market or the incremental capital group newly entering the market, it is no longer brainless to chase positions and buy all the constituent stocks in the relevant conceptual field regardless of the advantages and disadvantages, but to selectively buy stocks with a higher degree of identification, higher expectation logic and better fundamentals.
And when the market performance of the hierarchy comes out.
Then, the pattern of individual stocks in the whole market generally rising and rising simultaneously will be differentiated and collapsed.
The market will continue to fluctuate around high-quality stocks and leading stocks, and these high-quality stocks and leading stocks will also be easier to attract the main capital groups in the market to undertake, so as to get out of the market pattern of 'strong and strong'.
In other words, after the main line of the market is clear.
The market will automatically make a choice of strong and weak stocks, and will automatically select leading stocks, and funds will be more concentrated in leading stocks.
This is known as trend discovery in market dynamics, as well as trend selection.
Before you know it......
In the strong volatility of the market, 11:30 came.
The market ushered in the moment of noon closing, only to see that the Shanghai Index did not make a new breakthrough in the intraday, still around 3100 points of shock, and as the market attention to the highest leading main line, the "big finance" main line area, especially the securities sector, the Internet financial sector, also still maintain a high level of shock, the constituent stocks within the plate, there is an obvious divergence pattern, did not form a further general breakthrough trend.
In addition to the main line of 'big finance'.
Today's main line of 'science and technology growth', as well as the popular main line of 'infrastructure' and 'military industry' in the early stage, has strengthened compared with last Friday's market trend, attracting a lot of 'high and low switching' capital attention.
It was affected by the trend of the two stocks of "Blue Stone Heavy Equipment" and "Lei Man Optoelectronics".
At this moment, the two main themes of 'sub-IPO' and 'sports industry development', which once showed signs of anti-package in early trading, also rose and fell back one after another, without showing an obvious money-making effect.
Lunch break, after the market closes.
The news is still calm, but the emotional reaction of the major stock discussion platforms on the whole network is still turbulent and excited.
Even, quite a few large funding institutions.
Even if they saw the divergence of the market trend, they did not retreat, and during the lunch break, they stepped up their efforts to mobilize funds, preparing to take advantage of the market differentiation and shock stage to further grab high-quality stock chips with strong market performance and further occupy the opportunity in the development of the bull market.
The overall sentiment of the market is still positive, and the overall capital is still strengthening.
The market opens in the afternoon.
The two cities continue to maintain high levels of shocks, and in the form of shocks, whether it is the main line of "big finance", or the main line of "science and technology growth", "infrastructure", "military industry", "big consumption", "non-ferrous cycle", "petrochemical" and other main areas, under the shock trend, the stocks with strong performance in the morning market are still getting stronger and stronger, and the disk buying is undertaking, and the signs of differentiation are becoming more and more obvious.
Eventually, at 3 o'clock in the afternoon, it was time to close.
The Shanghai index was at 3104.29 points, up 1.53%, and the Shenzhen Index and the ChiNext Index also rose by about 1.5%, which is not much different from the Shanghai Index.
In addition to index performance.
In terms of volume in the two markets, a total of 578.777 billion yuan was traded, which continued to shrink compared with last Friday.
However, even if it is relatively shrinking, this level of energy will definitely be a large increase compared to the market half a month ago, or even a month ago, and the market liquidity is very abundant.
As for the performance of the main line of the two cities.
The securities and Internet finance sectors in the main line of "big finance" are still unbeatable, with an increase of 2.73% and 2.98% respectively, leading the industry sector and the concept sector of the two cities.
After the market closes.
Although everyone is not as excited about today's market trend as in the previous few trading days.
However, seeing that the Shanghai Composite Index has come out of the five-day trend, and stood firm at 3100 points, and further refreshed the new high of this round of rebound and the new high of the year in the intraday, everyone's heart is still very optimistic and positive about the market forecast and expectation of the market outlook.
After that, at 5:30 p.m., the dragon and tiger lists of the two cities were refreshed.
I saw that on the only brokerage stock buying seat on the Dragon and Tiger List, that is, the buying seat of 'Western Securities', the iconic trading seat of the main capital of the 'Yuhang Department', that is, the seat of 'CEFC Securities Yuhang Fortune Road', is still continuing to buy chips.
"Damn, Mr. Su has bought securities stocks for 5 consecutive days, which has never happened before, right?"
Seeing the 'Fortune Road' seat, still buying brokerage stocks, and still the same large-scale net buying as before, without a single share of selling, many investor groups inside and outside the market were shocked again, and even many people have been stunned by the extreme buying behavior of the 'Yuhang Department'.
"Mr. Su, how optimistic he is about the market of the 'securities' sector!"
"This pattern, on the 5 boards, is still buying on a large scale, let's just say this pattern...... In the whole market, which other main capital can be compared? ”
"This can only prove that Mr. Su's vision is very big, and he is not just staring at the market in front of him."
"Mr. Su has increased his position in the securities sector on a large scale for 5 consecutive days, which is enough to show that Mr. Su's view on the market bull market is quite firm."
"There is no doubt that Sue always agrees that the market has entered a bull market."
"Originally, I thought that the" Western Securities "went to the threshold of 5 consecutive boards, which has exceeded market expectations, and it is almost there, looking at this situation, tomorrow the check of "Western Securities" will probably rise!"
"Mr. Su is really good, and he took out several travel chips today."
"The operation of 'Fortune Road' is the operation of real big funds in the market, and other main funds, compared with 'Wealth Road', are really weak."
"Bull market, bull market...... Remember, this is already a bull market! ”
"Raise funds tonight, then buy stocks in the securities sector tomorrow, and then buy the check of 'Western Securities'."
"The check of 'Straight Flush', there is no seat for Mr. Su's 'Fortune Road' today, I don't know what Mr. Su thinks of this check?"
"The check for 'straight flush' should still be able to rise, right?"
"The two checks of 'Straight Flush' and 'Western Securities' are the two heroes of the main line of 'big finance', and there is no doubt that this is the core leading stock that has come out of the main line of 'big finance'."
"Remember, it's already a bull market! The position of brokerage stocks is actually quite low, and this time ...... It's completely possible to continue to buy without brains. ”
"Agreed, you don't buy securities in a bull market, there is a problem with your braincase!"
"Or that sentence, at least double and then consider reducing positions, the current 'Western Securities' leading stock has not doubled, what are you panicking about? The market in the securities sector is certainly not over. ”
"However, compared with the securities sector, the overall valuation of the 'Internet finance' sector is actually a bit high!"
"Well, the 'Internet finance' sector is mainly the chips that Mr. Su held in the early stage of related stocks, resulting in this sector has not been fully adjusted by the market, and the valuation has always been quite high, but the market value of individual stocks in this sector is not large, and the elasticity is still very high under the strong expectation of the future."
"The bull market is not heavy on quality, as long as the expected elasticity of the future is high, one word, it's over!"
At a time when many investor groups had heated discussions on the dragon and tiger lists of the two cities, and discussed the motives of the main funds of the 'Yuhang system' for 5 consecutive trading days to increase their positions in the main line stocks of 'big finance' on a large scale, and continue to buy stocks of securities companies and Internet finance.
At this moment, Yuhang, Yuhang Investment Company, the main fund trading room.
Li Meng, general manager of the company's asset management business, vice president of the company and nominal fund manager of the four main funds, reported to Su Yu after sorting out the position data of each main fund in the background: "We hold several constituent stocks in the securities and Internet finance sectors, which are almost near the holding line. ”
"Which stocks are about to reach the holding line?" Su Yu asked.
Li Meng responded: "Oriental Fortune this check does not say, we participated in the fixed increase of this stock, the position is limited, and the position of this check, originally above the holding line, recently, such as'Hengsheng Electronics, Flush, Jinzheng shares, Yinjie Technology, Great Wisdom' The core concept stocks of the Internet financial sector have also reached more than 4.9% of the overall share proportion, on the verge of raising the card."
The direction of the securities sector is ......
Huaxin Securities, Huatong Securities, Huatai Securities, Huashang Securities, Guangda Securities, and Industrial Securities also account for about 3.5% of the company's overall shares.
Like the three stocks of 'Western Securities, Oriental Securities, and Pacific Securities', our shareholding ratio has reached about 4% of the overall shares, and there is not much room to buy more.
It is Industrial Bank, China Commercial Bank, Huaxin Insurance, Ping An Insurance, Ping An Bank, ...... We can continue to buy these weighted stocks in the insurance and banking fields on a large scale, and the overall position is far away from the holding line, and according to our investment plan and trading plan, even if the position is full, it is impossible to touch the holding line of these hundreds of billions of market value stocks, which is nothing to pay attention to. ”
"What is the total holding of several major funds under our company?" Su Yu asked.
Li Meng responded: "The current total position is about 90 billion, of which, the position of the main line of 'big finance' has occupied 70 billion volume, and the current several main funds, with a total remaining liquidity, are close to 35 billion, and the total fund holding line has reached 75% of the water mark." ”
"Is the asset management scale of our fund already about 125 billion?" Su Yu was also shocked when he heard the data sorted out by Li Meng.
In the past few days, the fund's asset management scale has increased, as well as the actual net value has increased.
Something clearly exceeded his expectations.
"Hmm!" Li Meng nodded and said, "Counting the asset management scale of the current 'Anzhao Fund' several main funds, the asset management scale of the funds managed by our institution has almost reached 140 billion. ”
"It's no wonder that many stocks have bought the position of the holding line so quickly." Su Yu sighed with a smile and said helplessly, "Since the position limit is almost reached in the direction of 'big finance', we can only diversify the main line investment." ”
"Well, that's what I thought too." Li Meng said, "But if you choose other main lines as much as possible with the remaining liquidity, which main line should you choose?" ”
Su Yu thought for a while and asked: "We should still have a lot of bottom warehouses on the main line of 'infrastructure' and 'military industry', right?" ”
Li Meng nodded and said, "There is still a bottom warehouse of nearly 10 billion." ”
"Then in the case of the development of the market outlook, take advantage of the main line of 'infrastructure' and 'military industry', when there is an obvious trend of continuous decline, and then kill back." Su Yu said, "However, when the position turns back to the main line of 'infrastructure' and 'military industry', the focus has to be changed, and the original path can no longer be followed." ”
"The point you said ......" Li Meng didn't fully understand for a while.
Su Yu said with a smile: "The expectations in the field of 'infrastructure' and 'military industry' are still there, but the chip structure has become chaotic, and the current relative position is higher. ”
"For example?" Li Meng asked.
Su Yu responded: "Public transportation, high-speed rail, machinery and equipment, let's carefully analyze, if you want to follow the 'infrastructure', 'military' main line adjustment and then adjust, turn these two main line areas, these plates, I know that we can focus on, but the specific target, we still have to screen and screen." ”
"Good!" Li Meng nodded, "However, the line of 'technological growth' also feels like there is a certain opportunity, right?" ”
"Yes!" Su Yu said, "It's not big, we are in the field of 'science and technology growth', liquidity will be a problem, our institution's capital volume has increased to this point, in the choice of market, we can only choose big opportunities, and we must give up some small opportunities." ”
The larger the amount of capital trading, the more you must make trade-offs in the market.
Su Yu deeply understands this.
Therefore, he pays attention to the line of 'technological growth', but never intervenes in this field with heavy positions.
After all, although the elasticity of individual stocks in this field is high, once they encounter a direct negative blow, it is also a troublesome thing for them to withdraw safely.
"Okay!" Li Meng nodded, and he also knew the trade-off.
"One more thing." Li Meng paused, and said, "Our company's 'Yuhang No. 2' fund product, this month has reached the one-year closed period settlement time, at the current time node, do we settle this fund product first, or continue to run closed until the end of the year, and then settle the net value with the 'Yuhang No. 1' fund?" ”
"What do you think?" Su Yu asked.
Li Mengmeng thought about it and said: "Since we pulled out the main line of 'big finance' and drove the Shanghai Index to break through the shackles of the 3,000-point pressure level, the curtain of the market bull market has been completely opened under the rapid recovery of market sentiment and confidence, and the current 'bull market expectations' are deeply rooted in the hearts of the people."
It can be expected that the market trend in the two months at the end of the year will most likely not be bad.
Moreover, most of the core market development will continue to revolve around the main line of 'big finance'.
We finally occupied the absolute initiative in the main direction of 'big finance', and also completed the layout of the position, which is waiting for the market to further ferment and expand the profit of the position.
At this time, if the net value is settled, the closed operation status of the fund will be terminated, and the subscription and redemption restrictions will be opened.
First, it is not cost-effective and detrimental to our further profit acquisition.
Second, this will directly expose all the positions of our main fund, which is not conducive to our subsequent operations.
Third, this will also plan our overall investment plan and trading plan, which will greatly affect the market changes, after all, the capital group that is now following our institution is really not to be underestimated.
Of course, at this time, the net value of the 'Yuhang No. 2' fund will be settled.
On the other hand, it also helps our institution to recover the excess profits in the operation of the fund immediately, and the collection of excess profits will greatly improve the current cash flow and debt situation of our institutions. ”
In order to win the project of 'Yanjing Sankuai Online', as well as the wholly-owned acquisition of 'Anzhao Fund'.
At the current stage, the company is burdened with short- and medium-term borrowings of 2 billion, 1 billion from 'Zhenhua Capital' and 1 billion from 'China Commercial Bank'.
Although these two funds are not in a hurry to repay them now.
But he has been owing so much, so that Li Meng, a person who has never owed so much money, always feels a little like a fish in his throat.
"And ......," Li Mengmeng thought for a while, and said, "Didn't you say before that you planned to win the project of 'Muddy Era' with Mr. Du of 'General Atlantic Capital'?" Listening to Qianqian, the current project has some eyebrows, once this project is launched, we don't have so much money to invest, which is forced to need to liquidate the net value of the 'Yuhang No. 2' fund.
From my personal thoughts, as well as from the actual interests.
I definitely hope to delay it for another two months, and at the end of the year, the net value of the 'Yuhang No. 2' fund will be liquidated."
However, starting from some of the company's current development needs, it is not impossible to carry out net value liquidation at this time. ”
Su Yu said with a smile: "We only have preliminary contact with the project of 'Yuhang Era', even if everything goes well, the final investment participation is estimated to be after the year, so it is completely feasible to postpone the net value liquidation time of the 'Yuhang No. 2' fund product to the end of the year."
As for our company's liabilities, as long as the company's operations are normal, then the 2 billion liabilities are not a problem for us at all.
Speaking of which, this time......
As long as we want, let alone 2 billion, even if it is a capital demand of 5 billion, many financial institutions will rush to approve it to us. ”
"Then we delay the settlement of the net value of fund products, what do investors say?" Li Meng said again.
Su Yu said with a smile: "When our fund was established, didn't it already be clearly stated in the subscription clause that our institution has full decision-making power for the closed operation stage of the fund and the net value settlement cycle, which is conducive to the subscription of the fund investor group and does not harm the collective interests of investors?" I'll explain this later, through the investor group, as well as email. ”
After saying that, Su Yu returned to his office and began to write 'a letter to investors'.
Then, the letter was sent to all the existing fund unit holders of the 'Yuhang No. 2' fund product through a mass email.
And when everyone received this email, there was nothing to disagree with.
After all, the market situation is just right, and the net value settlement at this time is not good for the 'Yuhang Investment' institutions, and it is also unfavorable for the holders of their fund shares.
Moreover, with the current share of the main fund products of the 'Yuhang system', the popularity of the over-the-counter transfer market.
Investors who are in urgent need of money, if they want to cash out.
It is entirely possible to transfer at a large premium through the over-the-counter fund share transfer market.
Especially when Su Yu sent an internal letter, it was only more than 1 hour.
The internal letter he wrote quickly spread to many major capital institutions who are interested in paying attention to the movements of the 'Yuhang system' institutions through the investor group who holds the fund shares.
For a time, it can be said that it is the entire domestic asset management industry.
We all know the main fund products of the 'Yuhang system', delay the net value settlement, firmly optimistic about the development of the market outlook, and firmly believe in the investment judgment of the bull market view.