It is worth mentioning that the Wealth Fund's first-phase capital market has also fallen sharply recently, because the positions held on the market are mainly 22 constellation stocks. Now that it has fallen so hard, the first-phase capital market has not withdrawn at the high point. It can be
It is said that the stock positions held by Qunxingxing have fallen along with it.
At present, the cumulative decline of the first phase of the fund market has exceeded -30%. In fact, this has been very resilient. However, many public funds, including private equity funds, have been cut in half. Some financing funds and allocation funds have long been liquidated.
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Only people like Jian don't know enough about the horrors of wealth funds. In fact, when people in the industry saw that the peak cumulative return rate of wealth funds nearly doubled after about a year after entering the market, they were really frightened.
It seems that in such a bull market, even the index has soared by more than 1.7 times, and the wealth fund is only twice as good, which looks very awkward.
But people who think this way, such as Jian, ignore another most critical thing, which is the terrifying size of the first phase of the fund. The super amount of 2 trillion has nearly doubled, which means that in the past
In one year, the absolute floating profit of the first phase of the fund is close to 2 trillion. What is this concept?
And more importantly, when the first-phase capital market achieved such a terrifying floating profit scale, it was not a full position, but a half position. In other words, based on the actual admission funds, the first-phase capital market actually made twice as much profit.
, this calculation has significantly outperformed the index.
Although there is the blessing of the bull market, no one in the entire mainland investment circle or even around the world dares to say that such a result can be achieved.
No one in the industry thinks that Zheng Jinsong can do this. Although he is a trader on the surface and has a very high level, they all firmly believe that Zheng Jinsong actually listened to Fang Hong and created this almost unreplicable income myth.
.
Looking at it, I'm afraid only that man can do it. After all, the results of last year's reverse harvesting of Wall Street were even more exaggerated than this.
In the current bull market, the first phase of the capital market was able to achieve an absolute floating profit value of nearly 2 trillion with half of the capital volume. The main contribution was the Galaxy concept stocks, because these stocks have risen too sharply. In the past,
One year after reaching the current historical high, many votes have increased by as much as two or three times. Volumes such as Quantitative Capital have increased by five or six times, and Toutiao today has increased by more than 40 times.
The first phase of the capital market is to hold shares throughout the whole process, not only not selling a share, but also continuing to buy.
Only then did we achieve this incredible achievement of nearly 2 trillion in floating profit. In this explosion, although the first phase of the capital market has also accelerated its retracement, it is relatively resistant to the decline. Its peers have cut in half, and their positions have been liquidated.
After the position was liquidated, the cumulative drawdown of the capital market in one period was only more than 30 points, which is already very impressive.
The most critical factor in being able to have such a retracement control is that the position targets of other non-Galaxy stocks were withdrawn at high points. The first phase of the capital market did not just buy the 22 stocks of Galaxy.
This is the result of Fang Hong's instruction, because he wants to make the first period's income beautiful. His position in the Galaxy stocks has not been moved, and it has followed the market decline, but the non-Galaxy assets he holds have long been held.
We withdrew from the high point to avoid this sell-off. After the correction, the overall retracement was controlled at around 30 percentage points.
However, many public investment customers are not aware of the terrifying power of the first-phase capital market. Nowadays, there are people who are affected by panic due to the sharp decline and are unable to hold on firmly and choose to redeem.
However, there is no redemption pressure in the first phase of the fund. As long as investment customers redeem one phase of financial products, they will be credited on time on T 3. At the same time, Qunxing Capital will make up for the amount of funds redeemed at the same time, always ensuring 2 trillion.
The initial principal remains unchanged, and there is no need to sell stocks for cash to cope with investor redemptions.
…
But at this moment, the current time is around 10:30.
Cailianshe Telecom push message:
[A-shares continued their sharp decline, with the Shanghai Stock Exchange Index falling more than -7% and falling below 3,700 points, with a weekly decline of more than -12%. All sectors fell across the board, with more than 1,400 stocks in the two cities falling below their limits.]
The villagers who had not called Fang Hong finally couldn't hold it any longer, and the village chief personally called him directly.
In the past, the opening remarks would include a few pleasantries, but now even the pleasantries are omitted, and it is straightforward to get straight to the point. A simple translation of the meaning is: Big A is in danger, help quickly!
During this period of time, the good news was released in large numbers, and the tool box was almost torn. They kept releasing good news, but it just didn't work. The market didn't buy it no matter what the good news was, and it was determined to keep going down.
The village is in a state of panic right now. What's more important is that the village chief has learned that the visiting senior officials will be back tomorrow. It's because of Big A that he has to return early to take charge of the overall situation.
You don't need to think about how angry the higher ups are now that this situation has been created.
"Okay, I understand. I will immediately prepare 50 billion yuan of rescue funds to enter the market." Fang Hong answered calmly and confidently. The other end of the phone was slightly refreshed when he heard that 50 billion yuan of OTC liquidity had entered the market to protect the market.
If Fang Hong spends real money to rescue the market, the call will not be in vain.
As for whether to lose face or not, when have you ever cared about face? No matter how important face is, can it be compared to the hat on your head?
The village chief hurriedly ended the phone call and went to arrange other things. Fang Hong knew that he was extremely anxious now, but Fang Hong himself was calm. Anyway, the thunder from the sky couldn't hit him or the stars.
The previous warning was equivalent to putting on a "Faraday cage", and coupled with these recent performances, it was left there alone.
After ending the phone call, Fang Hong directly called Tian Jiayi and said: "It is planned to bring 50 billion yuan into the market and indirectly increase its holdings of Huaxia 50ETF, Huapian 50ETF, Huati 300ETF, Huasha 300ETF, and Yifangda 300ETF, all of which will increase holdings by 8 billion
, the remaining 10 billion 6 billion will go into the brokerage sector, and 4 billion will go into the banking sector.”
This chapter is not over yet, please click on the next page to continue reading! "Well, I'll make arrangements right away." Tian Jiayi on the other end of the phone responded, and then she added: "It's only 50 billion, I'm afraid we won't be able to stabilize the market today.
, I just got the latest news that there has been a large-scale liquidation of financing and OTC financing, and most of the umbrella trusts have also been liquidated."
Tian Jiayi continued on the phone: "In addition, normal margin trading and securities lending business have also had positions liquidated, and the number is not small. The number of positions approaching the liquidation line is also soaring. There are various signs that the stock market will trigger a systemic crisis.
."
Fang Hong said calmly: "I know that 50 billion yuan will definitely not be able to stabilize the market. Throwing it in will just make a splash. There is no reason to unwind those over-the-counter fund allocations. Throwing this money in shows your attitude."
, hurry up and do it."
"Well, okay, by the way, don't forget about the meeting with Zhang Qi." After ending the phone call, Tian Jiayi started to make arrangements.
After a while, Fang Hong looked at the market index. In less than two minutes, the index began to bottom out and rebound.
Obviously, Qunxing’s trading team took action!
During this period, the company's front-line trading team is on standby at any time, and the company has prepared working capital. As long as it is authorized, it can respond within one minute. This is the response speed of Qunxing. After all, it has been prepared for a long time.
At around 11 o'clock, the index rebound further accelerated its upward trend.
In particular, the five major blue-chip ETFs are receiving huge amounts of subscription funds. The constituent stocks of these ETFs are all heavyweight stocks. If you indirectly increase your holdings in these ETFs, funds will passively buy the corresponding constituent stocks. In addition, brokerage stocks and bank stocks will go hand in hand to help the market index.
Accelerate the unilateral rise all the way.
Sure enough, no words can be as effective as real money. Once the money is received, the stock index will see immediate results.