The opening ceremony of the WCG2014 was a great success, far exceeding the expectations of all esports players and practitioners, and became a hot topic on the Internet the following Monday.

An opening ceremony has largely established the tournament's unshakable status as the world's top esports event, especially in the hearts of esports players and practitioners.

In the future, the WCG event will undoubtedly further strengthen the concept of "the Olympics of e-sports" in people's minds.

After all, no other esports event has ever been able to achieve such a large scale and such a high standard, and even many traditional sports do not have such specifications.

Similarly, the A-share market also ushered in a big rise in the opening of the A-share market on Monday, the Shanghai and Shenzhen stock indexes opened with a gap in the morning, and showed a unilateral rise in the intraday, the Shanghai Composite Index rose nearly 2% close to the 2100 point mark, and the ChiNext index also refreshed the highest point in history again in the intraday.

Today's sharp rise in the A-share market, mainly stimulated by the weekend and weekends, the central mother is expected to greatly invest in the open market, the industry is expected to respond to the tightening of liquidity this year's monetary policy will be relatively positive, and the open market funds will be increased, which is a major positive for the A-share market.

This is the core driving force of today's strong rebound, in addition, the upcoming meeting, and the sharp rise in the external market have also formed a positive resonance impact on the big A.

From the perspective of the disk, the theme stocks are competing to dance, and the new energy vehicle sector has become the biggest hot topic of market speculation, because the current subsidy promotion of new energy vehicles will continue to stimulate the collective rise of the sector in real time after the expiration of the current subsidy promotion policy, and also lead the lithium battery and other theme stocks to rise sharply, and the market is very willing to do long.

In terms of individual stocks, Kunpeng Technology was affected by the opening ceremony of yesterday's WCG2014, and today it also opened a long white candle with a gap, but there was no daily limit, and finally rose +8.79% to close.

The stock price hit a new high in the year, coming to the price of 146.60 yuan, rising from 50.65 points, and the cumulative increase reached +189.43%, and the market value rose to 204.9 billion, returning to the 200 billion market value mark again.

Last year, the company was interrupted by the United States because of the sudden "black swan" event, and the market was interrupted by the United States, and it walked out of the current highest point of 252 yuan, and fell all the way to 50.65 yuan, with a cumulative decline of nearly -80%, which can be described as tragic.

One of the key points of the recent doubling is that investors are gradually valuing quantitative capital as a multi-financial stock, but as a high-tech stock.

The price-to-earnings ratio ratio given must be far higher than that of diversified finance.

Moreover, the recent layout of quantitative capital, whether it is in the search market or online live broadcast, investors are not optimistic about Chen Yu entering these tracks.

But the recent performance has made investors' eyes shine and gradually improved,The performance of entering these tracks far exceeds market expectations,Especially the track of the online live broadcast platform,There is a debut that is the peak,LingkeTV has directly become the largest live broadcast platform in China。

These layouts have brought new growth points to quantitative capital, and also made the capital market look forward to them.

There is also artificial intelligence "Xiao Aya", which is also remarkable, all of which explain that this company not only has vision but also technical skills.

All in all, this company has a lot of stories and a lot of concepts to hype up anyway.

……

The next day, Tuesday, February 11.

The rebound in the A-share market continued, and the Shanghai Composite Index market came out of the three consecutive yangs, closing up +0.84% on the day to close at 2103.67 points, standing above the 2100 point mark.

The performance of quantitative capital today is that the bidding one-word limit has come out of three consecutive one-word boards, but the intraday board has been fried, but it has also achieved a return to the seal, and finally the third board out of the "T" board, releasing a trading volume of 4.254 billion yuan throughout the day, and the stock price has also rushed to a new high of 161.26 yuan, with a cumulative increase of +218.38% since the reversal, and the market value has risen to 225.4 billion yuan.

If you open the K-line chart trend of this stock, you will find that its trend fluctuates very violently, basically all of them are ups and downs, losing money, making money, and people with poor risk tolerance can't control it at all.

However, the overall trend of quantitative capital, its center of gravity is also constantly too high, along a general slope upward.

This is actually the result of Fang Hong's request to those partners who do market value management, he doesn't care about the specific trend fluctuations, but he must ensure the overall upward trend, reflecting the trend of the market is that the bubble is quickly blown up, and then punctured the mean reversion, and then start to rise again.

……

In the afternoon, Tranquility Villa.

"The 2013 financial report audit of Qunxing Capital has come out." Tian Jiayi looked at the material report in his hand and reported in an orderly manner: "The company's annual income last year was 2,198.926 billion yuan, a year-on-year increase of 31.51%, and the net profit was 775.217 billion yuan, a year-on-year increase of +40.58%. ”

Tian Jiayi said and handed the financial report document to Fang Hong, who took it and looked at the data specifically.

The growth rate has slowed down for two consecutive years, and the doubling of the growth rate in 2011 is likely to be difficult to break through, unless human civilization can break through the shackles of the earth and extend to the moon, Mars and even the entire solar system, bringing unprecedented expansion and growth.

This can be imagined in a dream in the short term.

However, the slowdown in growth is in line with Fang Hong's expectations, and the income base of Qunxing Capital is too large to maintain exponential growth.

Although the revenue growth slowed down last year, it exceeded the revenue scale of 2 trillion yuan for the first time, and there is still a year-on-year growth rate of more than 30 percentage points, which is still quite exaggerated growth under the base of trillions.

According to the financial report data, the company's total assets at the end of 2013 were 5,138.223 billion yuan, a year-on-year increase of +26.71%; The net assets were 4,766.733 billion yuan, a year-on-year increase of +27.01%, the liquid cash was still guaranteed at about 1 trillion yuan, and the company's total debt was 371.49 billion yuan, a net increase of 69.6 billion yuan in liabilities over the previous year.

The increase in liabilities of nearly $70 billion is unremarkable for other companies.

But for Qunxing Capital's current asset volume of 5 trillion, it is not even a fraction, because the base is too big, even if the net debt has increased by nearly 70 billion, the total debt ratio is still declining year-on-year, because the absolute number of assets has soared too much.

Tian Jiayi saw Fang Hong close the materials, and immediately said: "The company's executives feel that they can start the matter." ”

Hearing this, Fang Hong shook his head and said, "No, it will be listed next year, and there is no hurry this year." ”

If you want to get into the big A this year, the IPO plan can be realized in the second half of the year, but Fang Hong has his own strategic considerations, and he can't say that 2015 will usher in an epic leveraged bull market.

The decision to go public in the year is to respond to the call for bailout when the stock market crashes later, and the rescue funds of Qunxing Capital are mainly based on the individual stocks of the Taiwan Qunxing system.

With a valuation volume of hundreds of billions of market capitalization like WeChat, a proper super large-cap stock and a large-weight stock, the contribution of a daily limit to the index is as high as the daily limit of dozens of small tickets.

The most important thing is that the large-scale entry of funds into other junk stocks will be a problem when the time comes, and the country's call for bailout Qunxing Capital must not respond.

However, the listed subsidiaries of the Qiangla Galaxy did not have this concern, and responded to the call for bailouts.

Fang Hong not only wants to go public in the year, but also at the end of May, that is, a few days before the market index is close to peaking, he will land on the A-share market, when the stock market plummets in response to the call for bailouts, and the bailout funds will have more places to go.

……

(End of chapter)