The Road to Rebirth Finance

Chapter 458: The ability to attract money is off the charts
On the first day when the subscription was resumed, the Shanghai Composite Index broke again, and the daily trading volume fell below 900 billion yuan, which still had a certain impact on the subscription of funds during the day.

In the words of retail investors, this market is already unreadable. The stagnant stock market and the continuous new lows in daily trading volume are all testing investors' psychological endurance.

However, most people understand the principle that things must be reversed when they go to extremes.

When investors can't bear the psychological pressure, can't bear the downturn, and magnify the panic in their hearts, a rebound will emerge as the times require.

On September 9, the funds purchased by Junshi Investment yesterday officially arrived in the account, with a total of more than 18 billion yuan, and a total of 15 fund accounts for the purchase!The average purchase amount per account is as high as 1.74 yuan!

If it weren't for yesterday's sluggish market, perhaps this figure would have reached a new height; but not to mention, Gu Junhao's influence in the minds of big investors is still very high even under the premise that the annual income has retreated by nearly 20%.

All of this is inseparable from Junshi No. [-]'s annual performance. Junshi No. [-], which has no position requirements, has achieved a good control of its earnings this year.

As of last month, the net worth ratio of Junshi No. 1.5596 was 2.96, an increase of [-]% over the previous year!

Big players have their own judgment. The stable performance of Junshi No. [-] throughout the year can fully prove that Gu Junhao's strategy is correct, and the only thing missing is an opportunity for a rebound.

Under the premise that the timing is right, it is not a problem for Junshi to rebound throughout the year, and the annual retracement of nearly 20% can be regarded as a historical bottom of Junshi.

In fact, the real retracement rate of Junshi Investment is relatively high, and it only started in July. The average retracement of each month in the previous few months is still relatively small among public funds.

In 2018, the 20th anniversary of the establishment of the public offering fund is about to usher, but this 20th anniversary birthday is bound to be somewhat depressing.

It all depends on the three major indexes that are constantly falling and individual stocks that frequently set new lows and lower limits. Valuations have repeatedly hit new lows, and trading volume is sluggish. The number of funds liquidated this year has also hit a record high.

A series of data makes public funds the object of ridicule, but all this does not affect the ability of Junshitou to attract money.

The single-day suction of 15 billion yuan is definitely a highlight worthy of publicity under the background of such a super sluggish bear market in 2018.

When Gu Junhao saw such data, he was also very proud in his heart. It seems that the signboard has not fallen yet.

Then he said to Li Xinyu: "Continue to inform, let the public relations department do more publicity, and strive to attract more purchase funds."

Unlike private equity, public funds can be publicly advertised. Using some marketing methods to attract more Christians to purchase is also a normal marketing method.

It's not shameful to advertise for money.

"Okay, I'll notify the public relations department and let them increase their publicity." Li Xinyu nodded.

In fact, the publicity has been launched since the announcement day last week, but after today's data comes out, the publicity can be adjusted appropriately.

"Well, go get busy, I'm going to the trading room." Gu Junhao nodded with satisfaction, and walked towards the trading room.

With more than 15 billion funds in the account, the overall scale of Junshishi Investment has returned to more than 120 billion yuan; with a large amount of funds in the account, Gu Junhao will also put some pressure on the trading team.

In fact, Gu Junhao is not very satisfied with the retracement rate of the real price investment. To be honest, the retracement rate in the past few months has been a bit high.

If it weren't for the fact that the signboard is still there, there aren't many large redemptions, and Jimin has been covering positions and investing in regular investment, I'm afraid it has already fallen to the scale of 80 billion.

Although it is more due to the market, but in the final analysis, the team has a little slack, otherwise it can control the retracement within 15%.

Although the overall position has been maintained at about 70%, the market has also been in decline throughout the year, and technology stocks and pharmaceutical stocks actually have more opportunities.

What's more, among these major sectors, there are stocks such as Zhongguo Software and Hengrui Stocks that have doubled in range, and stocks that have bought bottoms such as Sino-Singapore Communications.

Although Ning Wang, who has a heavy position, has fallen a lot since the end of July, he has made a lot of profits in the early stage. Since it is the premise that the stock does not move, the current losses will not be serious.

When he came to the trading room, Gu Junhao saw that everyone was smiling and beaming. Obviously, he already knew yesterday's subscription data.

Instead of joking with his subordinates as usual, Gu Junhao said to everyone with a serious face: "I think everyone already knows yesterday's purchase data, and more than 15 billion funds have been credited."

"Congratulations to the boss, this data is very good. Our fund size has returned to over 120 billion yuan."

"The boss still has the appeal, so much money came in on the first day when the subscription was released."

Waving his hand, Gu Junhao interrupted everyone's flattery: "But don't be too happy. In the past six months or so, our fund has withdrawn by nearly 20%. I am not satisfied with this data."

Liu Tingting wanted to say something, but Gu Junhao stopped her with his eyes.

"This year the market has fallen sharply. This is a non-war crime. I understand the truth, but I am still not satisfied with the data of the retracement. Look at the data next door. Don't you feel ashamed?"

"The same stock selection, although you are limited by your position, the operation is much more difficult, but this is not a reason. Now I have obtained incremental funds for you, and I hope you will devote yourself to it in the next days."

After pausing for a while, Gu Junhao continued: "There are still more than three months left in this year. In these three months, my request to you is to control the withdrawal of 125700 within 10% for the whole year."

"From today, everyone trades stocks until New Year's Day 2019, and the performance is calculated based on range rise and fall."

"If it is because the overall increase range of the stock does not meet the requirement of a 10% retracement rate for the whole year, I will be responsible, but if the area's increase is within this range and you fail to do so, then the last elimination system will be adopted."

These words made the atmosphere in the trading room a bit depressing. This was the first time that Gu Junhao gave such a serious lecture to the public fund team, and even used the bottom elimination system.

The boss, who was usually kind, suddenly put on a straight face, which was quite scary. Even Liu Tingting didn't dare to say anything now.

In the final analysis, everyone has done too badly. The market has fallen throughout the year, and MY friction has appeared for the first time, which makes these traders very uncomfortable.

Sometimes when you see the sluggish trading volume, you can't lift your spirits. Whether it is the bull market in 15 or the rebound in 16 or 17, it is much better than this year.

A series of factors, coupled with the scale that the boss deliberately controlled at the end of last year, and usually does not have any big requirements for performance, resulted in the entire trading team being in a relatively lazy state.

In fact, everyone knows these problems in their hearts, but the boss pretends not to know without saying anything.

But now that there is pressure, it can't go on like this. In the days to come, we must keep our spirits up.

"Okay, everyone, 15 billion funds will be transferred in today, Tingting, please come here."

"Oh well."

The two came to a separate area, and Gu Junhao proposed some reward and punishment mechanisms to Liu Tingting, which were nothing more than the same set when Liu Tingting and the three had just interviewed.

Statistical interval rise and fall data, whoever did the best, rewarded, promoted, and whoever did the worst will be eliminated at the bottom.

Now that the word has been said, it must be done. The company has been established for five years, and it really needs some changes. It cannot just live on the credit list.

The memory of the previous life can still be used for four years. After four years, Gu Junhao's own stock selection ability cannot be as accurate as it is now. At that time, the collective wisdom and the ability of the team will be very important.

In fact, from the point of view of the transaction itself, compared with later generations, the current transaction is too simple. Even if he returns to the present without memory, Gu Junhao believes that he has done a good job.

The current hot money is still relatively rough, and institutions will only group together. Quantitative funds are not popular, and the registration system is not popular, and the ChiNext is still 10%.

In terms of the environment, it is indeed much simpler. After the launch of the Science and Technology Innovation Board and the ChiNext 20CM, coupled with the surge in the number of stocks in the market, and the comprehensive popularity of quantitative funds, the difficulty of making money is many times higher than it is now.

From now on, it is necessary to cultivate the team's ability, increase quantitative trading funds at the right time, all of which are necessary.

The resumption of subscription of Junshi Investment and the performance requirements for the trading team may be regarded as an opportunity for company reform.

As a private company, it should have a sense of crisis at any time.

On September 9, the Shanghai Composite Index opened low and moved high. The rebound since the afternoon was unusually strong.

The Shanghai Composite Index closed at 2699.95 points, up 1.82% throughout the day, the trading volume also enlarged to 1130 billion yuan, and the ChiNext Index rose 2.04%.

Gu Junhao's expected rebound before the large IPO has finally arrived.

In the afternoon, the rebound of the two markets was abnormally strong, and the inflow of funds was also very obvious. In line with the rebound of the broader market, the public relations department of Junshi Capital changed its publicity strategy in time.

Various self-media small soft articles, vaguely mentioned Gu Junhao's personal and fund operations, and the performance of the market after every short position and full position.

This time, the two markets ushered in a big rebound on the second trading day after Junshi Investment released the subscription.

Not to mention, the small self-media essays based on WX circle of friends, in conjunction with today's surge, have brought huge traffic to Junshitou.

A positive line changes beliefs, this sentence is really not casual.

The stock market has such magic power. No matter how many days it has fallen, as long as there is a big positive line, it will seduce the desire of stock investors to participate.

In the final analysis, it is still related to the investment environment. The lack of investment channels, the difficulty of starting a business, and the low threshold of the stock market are all important factors to attract investors.

If stock speculation is also considered as a kind of entrepreneurship, it should be a kind with extremely low threshold. There is no education requirement, and the threshold of capital is also extremely low. You can participate with 2 to [-] yuan or even thousands of dollars.

Coupled with the publicity of some successful cases, such as how many years and how many times a certain person has invested in the market with 2 funds, and how much he has achieved, these cases are even more flocking to people.

When facing a successful case, everyone thinks whether he will be the next one, instead of thinking about the risks involved.

The publicity of the public relations department has brought a lot of traffic to Junshishitou, and at 09:30 in the evening, after Junshishitou updated today's net value, once again the crowd of subscribers is eager to move.

(End of this chapter)