Chapter 060 [The whale swallowing plan can be started]
On Tuesday, June 30, driven by intensive positive news, the main board staged a counterattack today. After a slight rebound in the early trading, the main board plummeted again, once falling below 3900 points. Near the close of the early trading, the weighted stocks collectively rose, and the market subsequently reversed strongly.
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The main board finally soared by +5%, reaching 4200 points. The GEM performed relatively strongly, rising by more than +6%. There were 268 stocks in the two cities at their daily limit, and many high-net-worth investors entered the market by bargain hunting...
The updated net value of Tiansheng Pioneer Hybrid Fund is:
【8.0554 yuan (+1.29%)】
In terms of major news today, the Asset Management Association advises not to blindly trample on funds, the Securities Industry Association stated on the over-the-counter capital allocation situation that the impact of forced liquidation will be small, and the investment ratio of pension funds in the market has been initially set at 30%, etc.
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On Wednesday, July 1, there was no continuous rise that investors had expected. The main board made a "return to the horse", and all the investors who entered the market yesterday by buying the bottom were buried alive.
The main board closed at 4053.70 points, down -5.23%. 44 stocks in the two cities reached their daily limit, and about 1,300 stocks fell to their daily limit. Many stocks hit new closing lows since this round of adjustment.
The updated net value of Tiansheng Pioneer Hybrid Fund is:
【8.9625 yuan (+11.26%)】
In terms of news, Zhongjin Securities responded that the rumors of short selling by QFII and RQFII were untrue; the China Securities Regulatory Commission stated that it would further expand financing channels for securities companies; the two banks allowed extensions, and collateral defaults did not require liquidation; the two major exchanges reduced transaction settlement fees by 30%.
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On Thursday, July 2, the main board index fell continuously and fell below the 3800-point mark in the afternoon today. Subsequently, driven by the "Petrochemical Duo" and other heavyweight votes, the main board index finally reported 3912.77 points, a decrease of -3.48%. The two cities
More than a thousand stocks fell to their limit.
The updated net value of Tiansheng Pioneer Hybrid Fund is:
【10.1473 yuan (+13.22%)】
Since the reorganization and resumption of trading on March 16 in the first half of the year, since the net value of Tiansheng Pioneer Hybrid Fund was normalized, its growth exceeded the 10 yuan mark for the first time, with a cumulative net value increase of +914.73%. Lu Ming took over Tiansheng Pioneer again on June 11
Since becoming a hybrid fund manager, its net worth has increased by +279.77%.
On June 11, the Tiansheng Pioneer Hybrid Fund's capital stock dropped by about RMB 800 million. During this period, subscriptions have been suspended and redemptions are open. However, none of the investors in it chose to redeem, and all of them chose to reinvest with dividends.
As of today, its fund size exceeds 3.835 billion, of which the profit margin exceeds 3 billion. The fund still does not pay dividends and will not pay dividends in the future.
The terrifying profitability and the current extreme flash crash environment form another extreme. One side has lost money, and the other side has made huge profits.
The market was in an uproar.
Since the market crashed in mid-June, almost no one, including professional institutions, has survived. Tiansheng Fund Company is the only exception. Tiansheng Pioneer Hybrid Fund has ended nine consecutive negative days since Lu Ming took over again.
, and then started the rampage mode all the way, rising wildly every day, and the increase in net worth soared against the trend like a rocket tied to it.
Not only did Shinhwa not suffer setbacks, but it became more and more courageous as it fought. The capital market and the industry paid unprecedented attention to Tiansheng Fund Company, and there were more and more relevant reports.
Tiansheng Pioneer Hybrid Fund is like an outlier, which is particularly eye-catching in the current capital market and makes many people unhappy.
You are the only one making money, and no one else can afford to wear their underwear.
Such a strong performance has led the industry to question Tiansheng Pioneer Hybrid Fund's short positions, and this doubt is getting louder and louder.
As soon as the doubts came out, there was also news that the China Securities Regulatory Commission issued an announcement to conduct a special inspection on suspected market manipulation. As soon as this news came out, the outside world's attention to Tiansheng Fund Company soared again.
At 8 o'clock in the evening that day, Tiansheng Fund Company responded positively to market doubts:
[Currently, only Tiansheng Pioneer Hybrid Fund under Tiansheng Fund Company is operating in the market. At the same time, 15 passive index funds have just completed fund raising and entered the closed period for building positions. The company's products are all stock trust products and do not involve stock index futures.
Therefore, there is no short-selling mechanism, and the outside world has questioned Tiansheng Fund’s holding of short orders, which is obviously an unfounded and irresponsible statement]
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On Friday, July 3, at 11:30 a.m., the morning session ended. Lu Ming's operation today has completed about 15% of the positions and stock exchanges. The remaining 40 positions have been chosen not to move, and the remaining positions will be adjusted in the afternoon.
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Just coming out of the trading room, An Yirou walked over quickly with a phone in her hand, "The leaders of the China Securities Regulatory Commission called the company and wanted to talk to you on the phone. Just after the market closed in the morning, the phone number has already called you again.
The office is waiting for you."
Li Mingyang, who also rushed out of the trading room, couldn't help being stunned when he heard this. He was making so much money that the village chief couldn't stand it anymore...
Lu Ming nodded and had no reaction. There were some things he kept secret, and he couldn't let them know.
Back in the office, Lu Ming picked up the phone on his desk and answered: "Leader."
"Is it Mr. Lu?"
"Yes, I am. What instructions does the leader have for me?"
"Mr. Lu, your outstanding abilities are obvious to all in the market and to all of us. However, as the head of a public offering institution and the fund manager of a star-level public offering fund company, you should have the responsibility to maintain the health and benignness of the market and achieve long-term stability and improvement.
develop."
"What the leader said is true."
"Mr. Lu, because of your excellent profitability, the eyes of the whole market are now staring at you, but your profitability all comes from crazy opportunism, at the expense of harming the entire capital market. Your current excellent profitability is
Indirectly guiding and encouraging speculation in the capital market, it will inevitably have extremely bad effects in the long run. The China Securities Regulatory Commission encourages all funds to increase their holdings of blue chip stocks. You are now being watched by the entire capital market. The China Securities Regulatory Commission hopes that you can take the lead in maintaining the health of the market.
Responsibility and responsibility for development!”
Lu Ming was criticized, but he was overjoyed. He was preparing to "sneak attack" on An's Group and encouraged him to increase his holdings of big blue chips. He was waiting for this sentence.
It is also inevitable. The purpose of killing real blue-chip high-quality assets is to avoid being copied by foreign capital. Unfortunately, too few domestic investors understand it. Many people actually understand that they want everyone to
Take over, support and protect the market.
This rate must be expressed, and expressed ruthlessly! Respond ruthlessly!
Lu Ming immediately replied: "The leadership's teachings really made me wake up from being addicted to the fun of market trading. It was like an enlightenment."
The leader on the other end of the phone was really speechless when he heard this. Is your kid addicted to trading and can't extricate himself? The leader is thinking about finding an opportunity to push this kid to the peripheral market and stop tossing around in big A. For example, it is best to
Go make waves in the U.S. stock market.
It would be a waste of such a talented person not to use it to apply eye drops to the beautiful woman.
Finally, Lu Ming replied with a positive attitude: "Leader, maybe you think highly of me. I may not have that much energy to influence the capital market, but I am still willing to do my small part and start immediately.
I will change my trading model, abandon the opportunistic model, return to value investing, embrace real high-quality companies and hold them firmly, and integrate knowledge and action!"
"Okay, okay, knowledge and action are united. That's well said. We are all looking forward to it, so let's do this for the time being."
After hearing the other end of the phone hang up, Lu Ming put the phone back.
The management encourages various funds in the market to increase their holdings of large blue chips. For Tiansheng Capital, it is almost the right time, place, people and people.
After sitting down on the boss's chair in the desk and being silent for a moment, Lu Ming took a deep breath and muttered to himself:
"The plan to swallow up An's Group can be launched!"
