The investment era of rebirth

Chapter 470 Legendary Fund Manager
"Yigao people are bold!" Gong Tiancheng, the fund manager beside Zhou Qiang, said with emotion, "There is a unique existence in the whole market. Although the opponent's operation today is a bit risky on the surface, but since it is done, it is the most fat in the market. A piece of meat was cut off by him, and the funds for subsequent intervention, as long as he wants to make a difference in these popular main lines, all will be given to him to continue to carry the sedan chair."

"The key is……"

Gong Tiancheng paused, and continued: "This person's ability to dig out and guide the market's main lines is simply outstanding. Now that the market sentiment has been guided by him, the funds for subsequent intervention will not be placed on these popular main lines. It's impossible. As long as you are jealous of the current market situation and want to intervene, you have to passively carry the sedan chair for him. The other party's ability to dig and guide the main line of the market is behind the seemingly simple gambler's operation. I don't admire it."

"Excavation and guidance ability of the main line market?" Hearing Gong Tiancheng's helpless words, Zhou Qiang pondered for a while, and indeed the more he pondered, the more frightened he became.

Similarly, at the moment in Shanghai, inside Zexi Investment Company.

Xu Xiang looked at the data of the Dragon and Tiger Rankings displayed on the computer screen in front of him. Apart from being shocked, he couldn't help feeling: "It is really impossible for the domestic financial trading market to be so crazily traded. Find the second person, crazy, crazy!"

"The stats on the Dragon and Tiger List are jaw-dropping." Next to Xu Xiang, Zhou Kan also responded in horror, "It looks like a fake."

"It does look fake." Xu Xiang smiled, "Because no one would have thought that he would be so crazy!"

Zhou Kan responded: "It's really quiet like a virgin, moving like a thunder. This trading method is so powerful that it is frightening. The key depends on the past historical performance of several funds managed by the "Yuhang Department" Su Zong. However, under such aggressive trading techniques, the net worth curve is still so smooth. In addition to the fact that its performance is the only one among domestic private equity fund products, its net worth retracement deviation value is also the only one among domestic private equity fund products. Existence is simply outrageous.”

Xu Xiang's eyes flickered, he sighed softly, and said: "So, I have to admit that there are talents in this market, and there is no doubt that this President Su of the 'Yuhang Department' is one of them." , and is also the most outstanding one in the domestic trading market."

"However... Although the purchase volume is somewhat higher than expected, we also guessed that the handwriting of the tray in the morning is this President Su of the 'Yuhang Department'." Zhou Kan thought for a while, and felt in his heart Reassured a little, "Fortunately, relatively speaking, we still keep up."

Although they were not the initiators of today's market reversal, they were the first followers.

In this way, although he did not get the fattest piece of meat in the market, he also got a lot of high-quality bottom chips and made a change in trading strategy in advance. In terms of profit alone, there is nothing to regret and regret.

"Yeah!" Xu Xiang nodded, and replied, "Indeed, luckily I kept up."

Of course, in addition to the shocking, excited, and admiring voices of investors from all walks of life in the market, there are also a small number of investors who cut their meat at the bottom of this morning's trading, or investors who did not keep up with today's market rebound and did not get any profits from today's market. Following the "Fortune Road" is to use the advantage of self-funds to manipulate the market and the stock market, and to make corresponding complaints to the supervision channel of the China Securities Regulatory Commission.

The Market Transaction Supervision Department of the China Securities Regulatory Commission and the Fund Management Department received these complaints.

There was no particular reaction to this.

However, although there was no response to the outside world, internal discussions and inspections were carried out by the corresponding leaders.

"Old Fang, what do you think about these complaints?" The leader in charge of this business in the Internal Director's Office of the Fund Management Department of the China Securities Regulatory Commission asked Fang Xinghai, an old classmate and the person in charge of the corresponding business of the same system .

Fang Xinghai took the complaint information in his hand, smiled, and said: "There are so many people who are popular right and wrong, understandable, but I didn't expect that there are many state-owned institutions, as well as domestic leaders like Huarui and E Fund. Asset management institutions, on the other hand, belong to private equity institutions, so there is not much feedback!"

The director of the fund management department who spoke before coughed lightly, and said, "What you said, there are many people who are popular, understandable, understandable!"

"Since everything is understandable, then just ignore it." Fang Xinghai said, "Lao Xing, the current leaders are putting us under a lot of pressure. We still have to focus on the overall situation. We must unblock the direct financing channels of the stock market as soon as possible. The most important thing is to guide the hot money that is scurrying around to the stock market, and as for the overall policy of fund management, we still need to encourage it and not suppress it!"

When Director Xing heard what Fang Xinghai said, he understood. He laughed and said, "Since you said that, then I understand. You are right. The main task at present is to solve the IPO barrier lake and open up direct financing channels in the market." Promoting the reform of the registration system is the most important thing, as long as it is beneficial to the overall situation and within the scope of laws and regulations, then we should encourage it instead of cracking it down."

"Many investors in the market are complaining that we have intervened too much in the market." Fang Xinghai said, "I think it is not entirely true, but there is some truth to it. When it is appropriate, we can listen to the opinions of market investors. Only in this way can we formulate strategies that are more beneficial to market development.”

"Okay!" Director Xing responded.

Seeing Director Xing's answer, Fang Xinghai also nodded, then picked up the information files of the complaint again, and said with a smile: "'Yuhang Department' private equity investment institution, this asset management institution can manage assets in the scale of It’s really not easy to achieve a scale of tens of billions in a year, did Lao Li in the trading department really find anything unusual?”

"I don't know about that." Director Xing responded with a smile, "However, he should have received quite a few complaints, but since he hasn't responded, there should be nothing unusual."

Fang Xinghai thought for a while, and said: "I vaguely remember that at a certain time last year, many institutions complained that this 'Yuhang Department' investment institution was doing insider trading, oh... I remembered, it was last year's Shanghai Stock Exchange During the period when the news of the free trade zone was announced, Lao Li gave me a reaction."

"What's the result?" Director Xing didn't know about it.

Fang Xinghai smiled, and said: "Data from the Trading Supervision Department show that this institution started planning the discussion document on the 'Shanghai Free Trade Zone' before it actually drafted a resolution, a whole day before the news was announced. It has been almost a quarter, and it is really impossible to use the suspicion of insider trading, after all, at that time, the leaders have not decided that there is such a thing."

"Generally speaking, there are still too many people who are jealous!" Director Xing said, "Even you and I have noticed this investment institution separately, and some institutions that compete with this institution may find it difficult to sit down." It’s okay, and this institution, it seems, has no foundation in terms of background.”

"Yeah!" Fang Xinghai responded, "It seems to be a bit of a big tree to attract the wind."

Director Xing's eyes flickered, and he said: "But in China, it is true that a big tree should be cultivated, otherwise the market will not be able to have vitality."

"This is not something we should worry about." Fang Xinghai said.

Director Xing nodded, thought for a moment, and suddenly remembered something: "Old Qian from Huijin Company visited me a while ago and said he was going to be transferred to the 'Pension Fund Management Center'."

"Oh, this is big news." Fang Xinghai said, "Is there any clear news from the Ministry of Finance?"

Director Xing said: "I didn't hear from Lao Qian about this, but he was asking me about the excellent backbone personnel available in the domestic asset management industry or the excellent asset management institutions that can manage this area on his behalf. According to what he means... The leaders of the Ministry of Finance should have made up their minds, right?"

"Who did you recommend to him?" Fang Xinghai asked curiously.

Director Xing smiled and said: "There are only so many choices in the country. Most of the asset management shares of pension funds in the market will eventually fall into the asset management systems of major financial institutions. A small part of the shares may be found by excellent investors. On behalf of the management agency, I mentioned the "Yuhang system" that has flourished in the domestic financial market in the past year, and asked him to go to the field to investigate. I don't know if he noticed it, but whether he noticed it or not , This is not something I can participate in and propose."

"Hehe..." Fang Xinghai laughed, "Who said that the 'Yuhang Department' has no background or backstage, so it's hidden with you, Lao Xing?"

"Your words..."

Fang Xinghai paused, and said: "If Lao Qian really listened to it, this little guy from the 'Yuhang Department' really climbed the ladder to the sky."

"Old Fang, you can't talk nonsense!" Director Xing responded, "I have confiscated every needle and thread, and I have never seen this young man from the 'Yuhang Department' before. It's immoral for me to get involved, anyway, we have been classmates for many years, and we have been colleagues in the same system for many years, even though it is now... the official university level is crushing people, but you can't do that!"

Fang Xinghai chuckled lightly and said, "You're joking, do you still take it seriously? Alright, you can drink your tea. There is still a meeting with the issuance review committee, so I'll leave first. After the meeting, I'll be free in the evening. Then come to my house for dinner."

"Okay!" Director Xing nodded, and sent Fang Xinghai out of the office.

After sending Fang Xinghai away, Director Xing returned to his office, and finally looked at the complaint information files sent by the secretary, and put them all in the trash can.

At the same time, some agencies that issued complaint information.

The corresponding core management personnel, after discovering that the supervisory department has no other response except for some public nonsense, have already understood the position and bias of the leaders.

"Don't complain about this kind of information in the future."

At 6:[-] p.m., before off-duty time, Liu Ziliang, the general manager of the asset management department who has never seen a response from the regulatory authorities, glared at Chen Shen, the fund manager in front of him, and said: Regret our reputation and fall into the trap of others, it seems that we are stabbing people in the back."

"Understood!" Chen Shen responded.

Liu Ziliang saw that Chen Shen was transparent, so he couldn't help but quickly retract his gaze, and said, "Think about how to operate in the future, right? 'Yuhang Department' is just a private equity fund company, no matter how good its performance is, it won't be in the rankings." It can’t interfere with us online, don’t be influenced by this organization, be yourself.”

"I understand!" Chen Shen continued to respond, "I'm already sorting out the follow-up investment direction and trading strategy."

"Hurry up." Liu Ziliang said, "During the first period of this year, our asset management department did not have any outstanding performance, and compared with last year, the ranking did not rise but fell. Let alone the group, let's talk about our bank. In general, I am very dissatisfied with the current performance of our department."

"and……"

Liu Ziliang paused, and continued: "I also heard that 'pension' is already arranging to enter the market. We must get an excellent ranking in order to compete for the corresponding management share in the multi-trillion asset management scale. These are amazing. Relationship...do you understand?"

Chen Shen nodded vigorously: "Mr. Liu, don't worry, I will make arrangements."

"I hope!" Liu Ziliang responded lightly, "Otherwise, next time I will have to give this opportunity... to someone else!"

After finishing speaking, he didn't look at Chen Shen's increasingly ugly face, turned around and left the fund trading room accompanied by the beautiful female secretary beside him.

Similarly, such scenes are also staged within Huarui, E Fund and other institutions.

Of course, Su Yu is unaware of these secret complaints, or competitors in the same industry who have become hostile and dangerous to the 'Yuhang System' at this moment.

At this moment, he has left Yuhang Investment Company. Accompanied by several directors of the company's venture capital business department, as well as assistants and secretaries such as Dai Lingna and Li Xiaoling, he is working with the president of the Zhejiang Provincial Branch of the Chinese Commercial Bank and undertaking the The sub-branch presidents of several main fund custody businesses of the 'Yuhang Department', as well as several provincial and sub-branch supervisors in charge of the loan business, had dinner together and discussed related business.

"President Su, you and your company are major customers of our bank. We will definitely give full consideration to your related demands." Wu Donglin, president of Zhejiang Branch of Chinese Commercial Bank, saw Su Yu, who had tens of billions of asset management scale in his hand. Moreover, in Yuhang financial circles, and even domestic financial circles, a well-known "legendary fund manager" took the initiative to pour wine for him, which gave him enough face, and he couldn't help smiling and said, "If you have any needs, you may as well just say it. If it complies with laws and regulations and is within my ability, I will naturally not refuse."

After seeing Su Yu drinking for three rounds, the other party finally clarified his words, and couldn't help but ask directly: "Based on your bank's preliminary assessment of our 'Yuhang Investment Company', how much money can we loan from your bank?"

(End of this chapter)