The Road to Rebirth Finance

Chapter 346 The Confused Battle
Throughout the weekend, the financial market was discussing that Vanke, the largest shareholder, once again had a different owner. The major stock forums continued to be heated, and Vanke's stock trading area was also full of onlookers.

Counting the increase on the 30th of last month, Vanke rose by 33.10% this week, adding 5 lots to increase the increase. The market value of Junshi No. 10 Vanke A has exceeded [-] billion yuan.

In the first four trading days of December, blue chips performed well. Even though the position of Junshi No. 12 has not changed much this week, its overall size has reached 62.44 billion yuan, and its net value has reached 4.4694.

Although it was only four trading days, the overall size of Junshi No. 2.4 has increased by nearly 4 million yuan, an increase of close to [-]%, which is in line with investors' expectations for Gu Junhao.

Vanke’s sharp rise can also be regarded as solving the mystery that the fund’s net value has hardly changed since Junshi No. [-] was raised, and it also responded to some colleagues’ remarks about Gu Junhao’s starting to lie down.

Although Junshi No. 41.75 still has [-] billion yuan of cash lying on its books, it still hasn't increased its position in large quantities; on the contrary, Tianqi Liye, which is in Junshi's self-operated market, has been reducing its position.

In the last three trading days of this week, Tianqi Liye really broke the 20-day line, and the stock price rebounded after falling as low as 130.13 yuan; as of this Friday, Tianqi Liye closed at 146.80 yuan, regaining its position on the fifth day line position.

During the rebound, the amplitude of Tianqi Liye was as high as more than 7% every trading day, and there was a chance to rise every day. On the 4th, the stock price even reached above 152 yuan at one time. Selling a little can be described as flattering.

In three trading days, Gu Junhao sold 6700 shares again. The average transaction price was similar to that sold on the 1st. 1.3 lots were sold, and the total withdrawal funds exceeded 1.9 million yuan. Currently, there are 1.7 lots left in the account. As long as the organization dares to pull, Gu Junhao dares to sell.

As for Baoneng’s fourth card raising, according to the relevant regulations, it will not be possible to buy stocks in the secondary market for a long time, and the next time is left for Vanke’s management to counterattack.

On Monday, December 12, Baoneng, which has completed the placarding, entered a quiet period and could not be bought; on that day, Vanke A fell by 7%, and the stock price was reported at 5.06 yuan; on the 18.02th, Vanke fell again by 8%, and the stock price had fallen. It broke the 1.39-day line and reported 17.77 yuan.

After falling for two consecutive trading days, the turnover of No. 8 Vanke has shrunk to 27 billion yuan. It seems that the original shareholders who were taken away from the position of the largest shareholder did not respond, which really fascinated the market.

You must know that when the largest shareholder was taken away for the first time, it quickly counterattacked by increasing its holdings in the secondary market. Judging from the trend of Vanke in the past two days, it is obvious that the defender has no reaction at present .

December 12th, Wednesday, six new stocks were listed today. This is the first batch of new stocks after the restart of the IPO since the stock market crash in June. The hot sub-new stock market in recent years has greatly affected the six new stocks attention.

Today, the two cities continued their weak and volatile trend, the ChiNext continued to remain in the doldrums, and the Shanghai Composite Index performed fairly stably due to its weight protection.

Affected by the rise in quotations of lithium carbonate from some manufacturers, the lithium battery concept sector performed well today. After the limit fell, Tianqi Liye of Wulianyang opened higher and moved higher today, with a large increase in trading volume.

Vanke A, which fell back for two consecutive trading days, opened at 17.95 yuan today, an increase of more than 1%, completely recovering yesterday's decline. During the call auction period, Vanke sold more than 2.4 lots, and the rush to raise funds was obvious.

At 9:30, as soon as the trading party started, more than 1.2 million yuan of funds were rushing to raise funds above the trading order of Vanke. Seeing this, Gu Junhao smiled and said: "It seems that this is a bit of a reaction, but I don't know where it is." side."

At present, Vanke's stock price has entered a confusing stage. It is not known exactly which party is secretly accumulating funds, and it is difficult to judge, but it is definitely not Baoneng. So far, the direction of public opinion is quite good for Baoneng. Adverse.

"The competition for equity is getting more and more intense, and I don't know whether Baoneng can win Wanke as he wishes." Cao Wenxun said with a smile.

Mr. Gu entrusted Wan Ke to him for the transaction, which brought him a lot of benefits; Cao Wenxun also knew that Mr. Gu did it on purpose, Wu Peng's family was well-off, and Xu Jianqing and the three were not married, so there was no big deal for the time being. expenses.

Cao Wenxun is very grateful to Mr. Gu for taking care of him. Fund managers have their own standards for holding positions. Even if individual stocks fluctuate too little during the day, they are unlikely to change their holding principles because of traders.

Mr. Gu was able to give himself the most volatile stocks as much as possible under the premise of the weight of the holdings, which can be regarded as very caring.

"It's hard to say, but we also have to be prepared to reduce our positions at any time. Bao Neng raised his cards for the fourth time. It must be very difficult to buy a large amount in the secondary market." Gu Junhao replied with a smile.

"Indeed, it's very obvious that they want to seize control. Whether it is the original largest shareholder or the management, it is impossible to admit defeat so easily, and the current public opinion is not good for energy preservation."

"Well, the public opinion is mainly attacking his high leverage ratio and spending the policyholder's money recklessly. Leverage ratio is indeed a big problem for him."

"When will we lighten up?" Cao Wenxun then asked.

"Let's take a look first. It's impossible for the management and the original shareholders to have no reaction at all. Besides, judging from the No. 2 Dragon and Tiger List, new funds have entered the market, and it is estimated that it can increase. Let's first have a look."

"It's true. Anyway, our holding cost is almost the gold safety line. There is no need to worry too much."

"Well, you just keep an eye on it first, and I'll continue to sell Tianqiliye, haha." Gu Junhao said with a smile.

"Today's lithium concept sector has skyrocketed, and the price of lithium carbonate has skyrocketed. This is a big plus. Why are you still selling it, Mr. Gu?"

"Lithium carbonate is a cyclical product. During this period of time, its price has increased by almost five times, and the quotation has exceeded 10 tons. I think it should be a recent price peak."

"That's true. The price increase is too crazy. No matter how high the upstream industry chain rises, it won't go anywhere. Tianqi's stock price has doubled several times."

"Yeah, who would have thought that the stock market crash was the beginning of Tianqi's industry, and the rise of cyclical stocks is really crazy."

At 10 o'clock, Tianqi Liye reported 170.45 yuan, and the stock price rose by 8.36%. Gu Junhao was not in a hurry. After reducing positions in the past few days, the current position of Tianqi Liye in the self-operated market has dropped to 6330 lots.

Gu Junhao planned to sell 4330 lots today, leaving a bottom position of 2000 lots to make up a round number. There is a probability that Tianqiliye will have a daily limit today, and the selling order of more than 4000 lots is not considered very large.

10点05分，数笔高达1.85亿元的买单将天齐里业股价推至173.03元价位，日内第一次触及涨停价位，顾君浩见此赶忙在173元价位挂出自己想要卖出的4330手持仓。

Soon, the order was quickly completed. After 2 minutes of repetition, more than 2000 million funds followed up and sold it. Tianqi Liye's stock price stayed on the limit board for only 2 minutes before being covered by funds led by Gu Junhao. After smashing it open, the stock price was reported at 171.39 yuan, a real-time increase of 8.96%.

After seven trading days, Gu Junhao finally completed the task of reducing positions in Tianqi Liye. The total return of 2.8 lots of positions was nearly 4.3 million yuan, and the current market value of 2000 lots of positions is as high as 3400 million yuan.

In the five months since July 7, Tianqi Liye, which initially invested 8 million yuan, has made a profit of more than 1.06 million yuan as of now, and the first stock Junshi bought in its own trading has exploded.

As for rice stocks, as of last night, Nvidia’s stock price had closed at 33.10 yuan, and the income was quite good. Gu Junhao looked at the transaction records in the sub-account. After a trader specializing in foreign stock transactions joined, Nvidia’s trader Greatly increased efficiency.

Although its income is still not as good as that of Tianqiliye at present, what it earns is Dao Le, and what it earns is Lao Mi’s leeks. Compared with A shares, the sense of accomplishment is quite different.

If you can realize your expected returns, it will not only be a perfect supplement to the performance of Junshi Capital; at the same time, it will also be a benefit to GJ’s foreign exchange reserves. After all, when the funds return, the regulators will definitely I'm very happy to see you.

In addition to the good impression left by Gu Junhao's active rescue of the market, the reason why the subsequent dollar swap was so smooth is also a major factor in the income from Junshi's self-operated positions.

At the beginning, Gu Junhao also relied on the proceeds from this deal and the good impression he had left to impress the other party. From the other party's point of view, without affecting the foreign exchange reserves, according to the past performance of this little Gu manager, he may be in the rice stock market. Surprise everyone.

After Tianqi Liye hit the daily limit price for the first time in the day and was smashed, there was no fast follow-up of closing funds, and the stock price gradually pulled back to the intraday yellow moving average, which is around a 7% increase for high-level shock adjustments.

At this time, Vanke's stock price had once again broken through the price of 18 yuan. At 10:30, the stock price closed at 18.15 yuan. The trading volume in just one hour has exceeded the whole day of yesterday, and the change is very obvious.

At 10:50, the trading volume of Vanke increased again, and the stock price trend also entered a steep stage. At 11 o'clock, Vanke was quoted at 18.80 yuan, with an intraday increase rate of 5.8%.

"It's already obvious that the defending side or the new big funds are buying, and today it looks like another big rise." Gu Junhao said with a smile.

Vanke’s recent trend can be said to be completely independent of the broader market and the sector. Big funds are scrambling to raise funds regardless of cost, which is so arrogant. At the close of the afternoon, Vanke’s price was 18.94 yuan, an increase of 6.58% within the day.

In the morning, Vanke's turnover exceeded 35 billion yuan, surpassing yesterday's full-day turnover of 8 million yuan. Tianqi Liye closed at 169.80 yuan at noon, and its stock price rose by 7.98%, and its trading volume also increased significantly.

In the afternoon, Vanke accelerated its rise, and by 01:30 p.m., the increase had exceeded 9%. The probability of another daily limit increase today was quite high. As the transaction progressed, Vanke’s share price was reported at 19.55 yuan half an hour later, successfully increasing its limit.

After the daily limit, Vanke successfully closed the market, and there was no chance. At the end of the whole day's trading, Vanke's trading volume reached 67.3 billion yuan, which was the sum of the trading volume of the first two trading days of this week.

Tianqi Liye closed its market again at 14:45 after a high level of volatility in the afternoon, but the structure of the closure was already very weak. Tianqi Liye, whose daily turnover reached 30 billion yuan, had already reached its peak when its share price approached its previous high. At the end of the crossbow.

After today's transaction, Gu Junhao has officially completed Tianqi Liye's position reduction plan, and he breathed a sigh of relief. Apart from Wanke, there is no major matter in terms of holding positions.

Apart from waiting for the circuit breaker to go online, there should be no major changes in the position. Gu Junhao is not going to reduce the position of Longji shares on his personal account. As for increasing the position, there is no need to hold more shares than the national team.

At 05:30, Tianqi Liye and Vanke A both appeared on today's Dragon and Tiger list again. Tianqi Liye and Gu Junhao ranked second. billion.

Among the buying seats, hot money is the main one. Among them, Jintian Road, Shencheng, which Gu Junhao has a little impression of, bought 4600 million yuan, ranking fifth.

Today, Vanke A is still very luxurious in the Dragon and Tiger List, and it bought more than 18 billion yuan from the Shenzhen City Shennan Avenue Securities Sales Department of Fortune Securities.

The remaining four seats were bought between 2 million and 3 million yuan, which means that hot money is in the fall, which is reasonable, after all, Baoneng can no longer buy this week.

Buying a seat of more than 18 billion yuan is an obvious major shareholder's increase in holdings. In the evening, Vanke also issued an announcement in real time. The company's fourth largest shareholder, Anbang Insurance, recently purchased 5.5 million yuan of A shares, accounting for 5% of the company's total share capital. [-]%, forming a placard.

As soon as this announcement came out, the market was in an uproar. The entry of Anbang Insurance brought Vanke's stock competition into a confusing state again.

What is An Bang's plan for entering the arena at this time?All of this should be viewed from Vanke's articles of association.

According to the company's articles of association, if a shareholder's shareholding ratio reaches 30%, then this shareholder will become the actual controller of Vanke.

Although the management of companies that have previously maintained a shareholding of more than 20% is a bit stubborn, it basically complies with the company's articles of association.

If you become a real investigator of the company, you can enjoy the power to reorganize the board of directors and management according to the company's articles of association. Before that, the equity has been relatively dispersed.

Since the shareholding competition, Vanke’s shareholding ratio has become: Baoneng holds 20% of the shares, the original largest shareholder holds 15%, the management holds 7%, and Anbang holds 5%.

From the perspective of equity distribution ratio, Anbang’s fate is self-evident. Whether it forms a concerted action with Baoneng or a concerted action with the original largest shareholder and management, the distance between the two parties is 30%. The stocks are only short of the red line of raising cards once.

In corporate management, the so-called concerted action is an offensive and defensive alliance formed by two or more shareholders reaching the same demands.

The two parties add the voting rights together to increase the right to speak in the enterprise, and then achieve the purpose of controlling the listed company.

Anbang entered the game at this time, which can be said to be a good plan. Basically, he is invincible. Both the attacker and the defender need to win over him, the fourth largest shareholder.

(End of this chapter)