The male god of magic capital

Chapter 103 104 Let the market tremble!Sweep 80 billion!
Thursday, July 11th.

Luo Cheng stood in front of the floor-to-ceiling windows of the office, overlooking the scenery of the Huangpu River in the distance.

Recently, the A-share market index, the Shanghai Composite Index, and the CSI 300 have all fallen continuously, and the Shanghai Composite Index has fallen to 2500 points. There is support here.

As one of the main forces in the market, public funds are not likely to fight in and out like hot money in normal operations.

It is best for large-scale public funds to open positions in line with the trend of the broader market.

Of course, for private equity funds, you can buy stocks of small listed companies with a light position.

At present, the capital scale of Chengtian public offering fund is 90 billion. In fact, there are regulations and restrictions on the holdings of public offering funds.

1. Stock funds: 60% or more of the fund assets are invested in stocks.

2. Bond funds: 80% or more of the fund assets are invested in bonds.

3. Currency funds: Funds whose assets are purely invested in financial and monetary instruments.

4. Hybrid funds: Fund assets are invested in stocks and bonds, but the investment ratio does not meet the requirements of Article 1 and Article 2.

Chengtian public offering fund belongs to the stock type, and the minimum "stock position" of the stock type fund cannot be lower than 60%. damage.

This is the regulation for public offering funds.

During the stock market crash, there were instances where stock funds were greatly damaged by holding a minimum position of 60%.

Private equity funds are not subject to this restriction.

Now that the market index is falling, and the A-shares as a whole are falling, Luo Cheng does not allow Chengtian Public Fund to enter the market for the time being, because once it enters the market, it has to maintain a 60% position ratio, even if it is the best manager People, when the market is weakening and the stock market is falling all day long, it is very difficult for this public offering fund to make a profit. It can only incur losses as the stock market falls.

Especially in the face of a flash crash in the stock market, this kind of public offering fund can usually only endure the plunge together with the market. Sometimes even if the fund manager knows that the risk is coming, he has no choice but to hold the position to the end, because the minimum position is 60%.

Now the Shanghai Composite Index has finally fallen to 2500 points. There is support here, and it has begun to bottom out.

Of course, the Shanghai Composite Index may fall below 2500 points, but Luo Cheng can be sure that its bottom area is between 2400 points and 2500 points. Luo Cheng can use public funds to buy leading stocks in various industries in this area.

Of course, the leading stocks only last for a period of time. Luo Cheng uses public funds to buy stocks of companies with large trading volume and large market value.

This time he focused on the medical industry sector.

Jiu'an Medical Group, which he had operated before, was also within his goal of opening a position.

In a short period of time, Luo Cheng took off from a small retail investor to become a hot money star, with an astonishing record, and gained a large number of diehard fans in the Huaxia Financial Forum.

Now he wants to become a star manager and bring Chengtian Public Fund to the highest position.

The largest public offering funds in the country, Fang Yida and Southern Fund, have an asset scale of more than 2 trillion yuan, and the goal of Chengtian public offering fund in the future is to exceed 2 trillion yuan and become the number one public offering fund in the country!

Chengtian Private Equity Fund will also become the largest private equity fund in the country.

Soon it was 8:[-], half an hour before the stock market opened, Luo Cheng came to the trading room.

Many operators have been waiting for a long time, and today is the day for public funds to open positions.

The public offering fund management department manages 20 sub-funds, each of which has an approximate size of 4.5 million yuan and a total of 90 billion yuan. They also belong to Chengtian public offering fund company.

A fund company can set up many sub-funds and issue multiple public offering products.

Chengtian Public Fund Company established Chengtian Public Fund No. 1, No. 2... No. 20.

With so many accounts, Luo Cheng can't handle them by himself. A team is needed. Fortunately, the team has been trained, and it is enough to follow Luo Cheng's operation instructions.

Soon the competitive bidding will begin.

The operators in the trading room became nervous. Chengtian Public Fund raised 90 billion yuan. If it missed a point, it would be 9000 million yuan.

10 points, or 10%, is 9 million. At this moment, the trading room was extremely quiet, and the atmosphere was a bit depressing.

Luo Cheng smiled and said, "Everyone laugh first."

So everyone smiled, and the atmosphere was much happier.

Then Luo Cheng focused on the medical sector and was in no rush to buy.

Soon to open.

The Shanghai Composite Index is falling, falling below 2500 points, and the leading stocks in the medical industry sector have also followed suit.

Hehe, if it falls, there will be a large number of selling orders in the market, just to eat.

Jiang Manman asked: "Boss, the stock market is falling now, and the medical sector is no exception. The share price of Jiu'an Medical Group has fallen below 50 yuan per share."

Luo Cheng remembers that when he was operating Jiu'an Medical Group, its stock price reached more than 120 yuan per share, but now it has fallen by more than 55%.

Luo Cheng asked again: "What about the stock price of WuXi AppTec Group?"

Jiang Manman: "It has fallen to 77 yuan per share."

"Boss, shall we open a position now?"

"Not in a hurry for now, let the stock price fall again." Luo Cheng kept his eyes on the Shanghai Composite Index and the CSI 300 Index.

These two indexes are both A-share market indexes.

The rise and fall of most stocks are similar to the trend of the broader market.

When the Shanghai Composite Index fell to 2480, Luo Cheng said, "Let's start building positions."

"Buy Jiu'an Medical Group for 8 million, and pull the share price of Jiu'an Medical Group to above 50.00,"

"It's BOSS!" Everyone followed Luo Cheng's order one after another, and 8 million funds entered the market, pushing up the share price of Jiu'an Medical Group against the trend.

After all, this is the main force in the market!

The impact on the stock price was quite terrifying. The stock price of Jiu'an Medical Group turned around and skyrocketed, and was quickly pulled above 50.00.

The traders of Chengtian Public Fund will hold on to the 50.00 position until they buy 8 million funds.

The average daily trading volume of Jiu'an Medical Group is only about 10 billion recently. With 8 million funds entering the market, its stock price can't fall at all. This is the strength of the main force.

Luo Cheng is about unleashing the power of the market!

The stock price of Jiu'an Medical Group fell in the broader market, and when the medical sector collectively weakened, it turned around and fought hard, and it was firmly fixed on the 50.00 position, and it couldn't fall no matter what.

"My mother, why can't the stock price of Jiu'an Medical Group fall down?"

"The market has fallen again, why is Jiu'an Medical Group turning around and rising?"

"Hoohoo, the main force must have entered the market to sweep the goods!"

"Oh my god, I just sold short, why did the main force enter the market to sweep the goods!"

"How to do?"

"I have a floating loss of 1 pip, do you want to close the position?"

"I've lost tens of thousands of dollars"

"The main funds don't sweep other stocks, so why did they sweep Jiu'an Medical Group? I just shorted it."

"Cao, I spent tens of millions on the market at 50.00, fell down, and unexpectedly met the main force to sweep the goods, Wo Ri!" A small idler was furious.

"Grandma, I thought that after falling below the key support position, it would continue to fall sharply. What the hell, I just crashed, and the main force will be pulled up. Is this a human thing?"

"What should I do? Will it continue to skyrocket tomorrow, Wori, I really want to cut my flesh."

· "Hey, I'm shorting today's lowest position, what a fuck."

Short sellers are trembling already!
The share price of Jiu'an Medical Group has been stabilized above the 50.00 position, followed by other giant companies in the medical sector.

And the market is still falling.

Luo Cheng told several operators: "Lock the share price of Jiu'an Medical Group, and don't let it fall below 50.00."

"Yes, BOSS!"

"Others are ready to buy stocks of other companies in the medical sector at any time!" Luo Cheng continued to stare at the market.

At this time Jiang Manman said: "Boss, the share price of WuXi AppTec Group has dropped to 75 yuan per share."

Luo Cheng: "Start shopping, buy 8 million!"

"Yes, BOSS" everyone acted immediately.

Why 8 million funds?
Because of the restriction on the proportion of holdings of public funds, the "Double Ten Restrictions".

That is, the total market value of a company held by a fund shall not exceed 10% of the net asset value of the fund; all funds managed by the same fund manager shall not hold more than 10% of the total share capital of a company.

On the basis of the "Double Ten Limitation" investment restrictions, all public funds managed by the same manager are required to hold no more than 15% of the tradable shares of a single listed company; at the same time, all investment portfolios managed by the same manager (including public funds) combined with a special account) shall not hold more than 30% of the outstanding shares of a listed company.

It means that all public funds under Chengtian Public Fund Company cannot hold 15% of the shares of the same listed company, and its sub-funds cannot hold 10% of the shares of the same listed company.

For example, the previous Jiuan Medical Group had a market value of several tens of billions, and 8 million is very suitable for entering the market. Moreover, 8 million funds account for less than 10% of the total assets of Chengtian Public Fund, which is also in line with the range of holdings of public funds.

"Pull up the share price of WuXi AppTec Group, don't protect the market, just pull it up!"

"Yes, BOSS!" Everyone began to pull up immediately!
The WuXi AppTec Group’s recent average daily trading volume is about 20 billion, and the 8 million funds of Chengtian Public Fund entered the market to sweep the goods, which can completely dominate the stock price trend chart in a short period of time.

The stock price, which originally fell from 80 yuan per share to 75 yuan per share, suddenly turned around and rose sharply!

It grows very fast, and basically all the selling orders in the market are wiped out!

The stock price of WuXi AppTec Group originally showed a decrease of -6.25%.

Becomes -5.75%-
4.82% -
3.27% -
2.12% -
1.87% -
0.98% -
0.32%
The market was once again in shock, with a good fall, a sudden unreasonable rise, and a rapid rise.

"My mother, how did WuXi AppTec Group turn around and soar?"

"Hey, the technical graph shows a downward trend, why didn't it fall?"

"What's going on, the U-turn has soared so much!"

"Your sister, I managed to earn 5 points today, but now it's gone."

"Should I close my position?"

Canghai Capital, Liu Canghai was also dumbfounded. His private equity fund just sold more than 75 million worth of shares at the position of 1000 yuan per share. He did not expect WuXi AppTec Group to rise sharply after turning around, and it rose so fast. .

This made Liu Canghai very depressed. Why did the stock price of WuXi AppTec Group soar just after he cleared his positions.

He doesn't believe that there are no hundreds of millions of funds entering the market to sweep the goods.

But the market is falling. Why is WuXi AppTec Group rising?
He wanted to make a short sale at a high position, but he didn't dare to act rashly. Who knows how many bullets the organization that came in to sweep the goods had in their hands to sweep the goods.

"I'm so mad, I just sold all the shares of WuXi AppTec Group at the lowest point, and you raised it for me."

This time his private equity fund was lightly long WuXi AppTec Group, but the market kept falling, and WuXi AppTec Group's share price also fell. When it fell to 75.00, Liu Canghai couldn't sit still and decisively stopped losses.

Unexpectedly, just after the stop loss was finished, the stock price kept skyrocketing, which was like slapping him hard and making him feel very uncomfortable.

···
While Luo Cheng's position building is still going on, the share price of WuXi AppTec Group has returned to the 80.00 position. After consuming 8 million funds, it stopped building positions.

Because the funds invested by public funds in a stock cannot exceed 10% of the public funds, and 90% of the total funds of 10 billion is 9 million, so it is good not to exceed 9 million.

Luo Cheng plans to invest 8 million in each stock.

This time I plan to buy ten stocks in the medical sector, and I will invest 8 million in each stock and I will be done.

keep doing it!
"8 million to buy Jianfan Biology!"

"Yes, BOSS!" Everyone acted hastily.

Soon, Jianfan Bio, which had fallen by 3.5%, also turned around and rose sharply.
-
3.21% -
2.28% -
1.98% -
1.01% -
0.94%
+ 0.12 %
Jianfan Biotech went up again, and the color of the K line was pulled from green to red.

"It's weird, it's weird."

"This Jianfan creature has also turned into a rise."

"The stock market is still falling"

"It's incredible."

"Is there any funds to build a position in the medical sector?"

"Damn it, I'll quickly buy some stocks of medical companies that have plummeted."

"I want to buy the stock that has fallen the hardest."

Many small hot money immediately smelled the smell of meat.

Companies in the medical industry began to buy bottoms one after another, but after the bottoms went in, the shares still fell.

They were very depressed.

And Luo Cheng ordered: "Buy Opcon, 8 million will go in!"

"Yes, BOSS!"

Then Opcon began to turn around and skyrocketed from a drop of 3.1%, all the way to +1.5%
"My mother, Opcon also turned around and rose."

"Cao, I bought the wrong one just now, how did I get the Da'an gene?"

"I'll go, I bought China Resources Double Crane, and the stock price is still falling."

"Your sister, why doesn't this main organization sweep the goods of China Resources Double Crane?"

"Damn it, Da'an Gene, the main agency, has fallen so much, why isn't it sweeping the stock?"

·
In the trading market, Jiang Manman said: "The stock price of BOSS Da'an Gene has fallen to 18.00, do you want to buy it?"

Da'an Fund fell by 2 yuan today, from 20 yuan to 18 yuan, a drop of 10%, but Luo Cheng didn't plan to buy it.

His family fund holds 100 million shares worth 1800 million.

He doesn't want public funds to buy stocks that his family fund also holds. It would be bad if someone said it was carrying a sedan chair and setting up a mouse warehouse.

"Don't buy Da'an Fund, buy Mindray Medical!"

"Yes, BOSS!"

Then everyone started shopping for Mindray Medical!
Soon Mindray Medical went from falling 3.8% to rising 0.48%.

"This Mindray Medical has also risen."

"Is there a big fund in this medical sector that is sweeping the goods?"

"Damn it, I just cut my flesh, why did it rise up?"

"Hoo hoo, can I enter the arena again?"

"Ma Dan, the rebound is too strong."

···
Then Chengtian Public Fund bought Yuyue Medical, making its stock price rise from 2% to 1%
Lepu Medical was also swept up by 8 million funds, and its stock price rose from 3.4% to 1.5%
Fosun Pharma, under the sweep of 8 million funds, the stock price has changed from a drop of 2.5% to a rise of 0.94%
Tongce Medical, from a decline of 2.8% to a rise of 1.2%.

Watson Bio changed from falling 3.14% to rising 0.98%
The Chengtian public offering fund has also completed its position building, spending 80 billion funds, with a position ratio as high as 88.88%, leaving 10 billion funds for daily redemption by investors.

The next step is to wait for the market to strengthen!
(End of this chapter)