The Road to Rebirth Finance

Chapter 370 Manager Wang's first day in office

In the evening, the announcement of a fund attracted the attention of some people. This public offering fund named Small and Medium-sized Entrepreneurship Mixed Selection is at the bottom of the entire fund ranking.

The overall size of the fund is less than 7000 million yuan, and it is already on the verge of passive liquidation. The reason why some people are concerned is naturally his announcement.

The announcement stated that this fund has officially entered the suspension of reorganization. After the reorganization and renaming, it will be renamed: "Junshi Value Mixed Growth."

The reorganization of the fund has actually started before the liquidation of the company, and the renaming and resumption of trading will be completed on March 3 at the latest, which is next Monday.

Unlike private equity funds, public funds can be publicized. With the entry of restructuring, Junshi's mixed value growth will also officially enter the publicity period.

Gu Junhao no longer needs to pay attention to some trivial work. Shen Boyu, who has become a minority shareholder of Junshi Fund, has devoted a lot of enthusiasm to the operation of the fund.

On Tuesday, March 3, Gu Junhao, who returned to his normal work rhythm, could finally lie in his office and watch the market normally.

For half a month, Gu Junhao, who was busy with company affairs, basically never looked at the market seriously. First, he checked the trend of Nvidia last night.

Although Nvidia has closed negatively for three consecutive trading days, the adjustment is not large, and the stock price still closes at US$31.36, which miraculously achieved a 7.07% increase in February.

Nvidia's monthly line level has returned to the bullish trend again. After five consecutive positive monthly lines, the adjustment period ended after only one month of adjustment. The strength of the top technology stocks in rice stocks can be seen.

The closing price in February of US$31.36 brought the overall market value of Nvidia to more than US$2.24 million in the self-operated market, which is equivalent to about 14.57 billion yuan in RMB. The fluctuation of the exchange rate and the rise in the stock price have made the profit of Nvidia as high as 3.5 million yuan. .

And this is just the performance of Nvidia after the increase in positions has just been completed. After the turmoil in January and February ended, the rice stock seems to be back on track and still maintains its slow bull market trend.

And our big A hit back the market with a big drop, casting a shadow over the rebound trend established since February. In my impression, after the market in the first quarter of 2016, many stocks have already performed against A shares. Looked very disappointed.

Since then, the incremental capital of A-shares has gradually decreased, and after 2018, there are basically only on-site games left.

The sharp drop back to around 2638 points made the central bank once again start maintaining stability. This morning, the central bank announced that starting today, it will lower the RMB deposit reserve ratio of financial institutions by 0.5 percentage points.

After the news of the RRR cut came out, institutions generally predicted that about 7000 billion yuan of liquidity would be released to the market this time. The central bank has worked hard to maintain the stability of the financial market.

Since the stock market crash in 2015, A-shares have become like a crying child with candy to eat, and a sharp drop every once in a while stirs the nerves of the public, and then the regulatory authorities began to protect the market.

Although it is a bit ironic, A-shares have indeed received a lot of attention in the past two years, unlike the era before the re-opening, no matter how you fall, new shares will still be issued.

Stimulated by the favorable RRR cut, on the first trading day in March, the market conditions of the two cities were relatively good. The Shanghai Composite Index stopped falling and returned to above 3 points. The ChiNext Index rose more than 2700% in the afternoon, and the index also pulled Rise above 3 points.

Real estate, finance and other sectors saw the most significant gains. However, there are relatively few stocks with daily limit today, especially the GEM, where the index rose by nearly 3%. Among the GEM stocks, only more than 10 stocks have daily limit, and the mood of waiting and watching is still very strong.

On Wang Ruoyu's first trading day as a fund manager, the A-share market gave him a big gift. Among the Junshi No. [-] holdings today, except for the suspension of trading, the two liquor stocks had the highest and lowest gains.

Maotai ranked last among tradable stocks with an increase of 1.63%, while Gujin Gongjiu rose 5.01% today, leading the rise in the entire line of Junshi No. [-]. It is worth mentioning that Junshi No. [-] has added A suspended stock.

Another liquor stock, Wuliangye, was slightly ahead of Maotai with an increase of 1.65%. The stock price closed at 22.83 yuan. At the end of last month, Wuliangye fell below 23 yuan without any surprise, and Wang Ruoyu also followed Gu Junhao's explanation very well. Masukura again.

At present, Wuliangye's holdings have reached 26 lots, and the cost of holding positions has dropped to around 22.71 yuan for the first time to build a warehouse. After today's rise, Wuliangye has once again achieved profitability.

At present, only Midea has not yet realized a profit in the overall position, but today Midea also rose by 3.41%, with a loss of 0.04 yuan per share, and the loss rate is not worth mentioning.

That is Gree, a leading electrical appliance company. Gree has suspended its trading since February 2. The reason for the suspension is the acquisition of Yinlong, which has a diversified layout. When he saw the suspension announcement, Gu Junhao remembered that the acquisition was also very noisy.

On the first day of March, Junshi No. [-] saw a big increase in general, recovering almost half of the overall scale in January within one day. The performance was very impressive, which made Wang Ruoyu very happy.

Although I know that my current fund manager is just a shadow of my boss, and Junshi No. [-]'s position planning is still in accordance with the boss's wishes, but this is also a major change in my life.

This fund is based on the idea of ​​the boss, so what about the next fund, or Junshi No. [-] will be under his own management in the future, and become a private equity fund with a scale of over [-] billion, the glory is unimaginable.

Changing from a trader to a fund manager was something that Wang Ruoyu had never thought of before. I thought back to when I first joined the job, the three of us, Xu Jianqing and Liu Tingting, practiced simulated positions in the previous trading room for a long time. .

It was difficult to raise the first fund. The boss even made up the idea that only he would provide the funds. At that time, the three of us never thought that we would have what we are today. Xiao Xu was also dawdling around at that time, commuting to and from get off work on time every day. .

While Wang Ruoyu was thinking wildly, Xu Jianqing's voice came from his ear: "Manager Wang, it's a good start, no treats tonight."

"Shut up, you, what's the matter with me, it's all the stocks chosen by the boss, but it's okay to treat guests."

Xu Jianqing resumed the rhythm of going to work during the day, and the trading room became more lively. Seeing the bickering between the two, Gu Junhao also laughed. Although Gu Junhao resigned as the Junshi No. [-] fund manager, he still entered the trading room today. It's a platform for Wang Ruoyu.

Gu Junhao also has his own considerations for the re-division of Xu Jianqing and Wang Ruoyu's positions. He wants to be nice.

Junshi No. [-] is currently following its own plan, and Wang Ruoyu will do the specific operation deployment for him. Even if there are some problems in the operation, as long as these positions are still held, there is no need to worry about the performance in recent years.

And this resignation, in fact, also has an advantage, that is, after the second opening of the subscription, some rich local tyrants will be driven out of the car. In the eyes of some investors, if the fund manager is changed, the performance and shareholding will definitely have a big change. .

Even though he has already communicated with the client, Gu Junhao believes that after the fund is open for redemption in March, some investors will choose to redeem directly, which is inevitable.

Although it is limited by the rules, this is also the result Gu Junhao wants. Private equity is different from public equity funds and does not require too many investors. Only loyal and stable investors are the most important.

"Okay, don't talk about it, Ruoyu's treats are naturally impossible to escape, but after tonight, you also help to promote the mixed growth of Junshi's value." Gu Junhao stopped the two of them from continuing to talk.

"No problem, the boss must be well publicized." Xu Jianqing said loudly.

While the other traders looked at Xu Jianqing and Wang Ruoyu's high-spirited appearances, they were somewhat envious in their hearts. Stepping from a trader to a fund manager, this kind of encounter is very rare. Just be an experienced trader.

At most, it would be the team leader of a certain fund's trading team. Thinking of this, everyone suddenly remembered that after Wang Ruoyu was promoted, the position of team leader of the trading team would be vacated. Although it is useless, they should operate their own Stocks, but the remuneration should be improved a lot.

The promotion of Wang Ruoyu, Xu Jianqing and others' positions was not just a name, but the corresponding remuneration had also increased a lot. This is not a secret in the fund business department.

Junshi Capital has detailed treatment rules, and the salary increase after promotion is open and transparent.

After leaving the trading room, Gu Junhao also started to promote the mixed growth of Junshi's value, and started a comprehensive promotion on his personal account and Taoguba account.

"March 3th, next Monday, Junshi's value will grow mixed, 7, and the new identity will meet you all!"

Gu Junhao’s Peach Stock Bar account has not been activated for a long time. The market is relatively good today, and the Peach Stock Bar is relatively lively. Not long after it was posted, fans discovered Gu Junhao’s update.

"Fuck! What's going on, brother T cheated SHI? This account hasn't been updated for a long time."

"What the hell, new identity? Didn't Brother T just resign? Is this going to be a retail investor again?"

"This seems to be the code of a fund? Search it."

"It's really a fund. Damn it, it's a public offering fund, but the performance is too bad, and trading has been suspended. Why is Brother T promoting this fund?"

"Sand sculpture, don't you know how to read the announcement? It has been acquired, and Junshi's value has grown mixed. This must be Brother T's acquisition of this company."

"I'm going, it's true, brother T is so awesome, and it's starting to get mixed up in the circle of public funds. I said why Junshi No. [-] has resigned."

"It's common for a public fundraiser to turn to a private fundraiser. It's rare for a private fundraiser like Brother T to mix with a public fundraiser. I admire Brother T's courage."

"Hey, I can't afford the private placement, and I can't afford the public placement? Just wait, apply for purchase next week, and support Brother T!"

Just a few minutes passed, and the messages under the news of Taogu Bar were already very lively. Gu Junhao couldn't help but feel a little nervous when he saw everyone's messages. It seems that his influence in Taogu Bar has not changed with time. completely dissipated with the passage of time.

(End of this chapter)