Rebirth of the investment era

"Is this the influence of the 'Yu Hang Series' on the market? It's simply terrifying!"

As the news continued to ferment, in the evening, some agency managers in the internal groups of major institutions couldn't help but exclaimed.

"Who said that the market was short of funds before? 'Anzhao Fund', a small fund company with an overall asset management scale of less than 5 billion, was acquired by the 'Yuhang Group' in one day, and the fund's asset management scale skyrocketed. It’s more than doubled, and investors are extremely crazy about purchasing. Is this a sign that the market is short of funds?”

“The crazy intensity of investors subscribing for the products of this fund company is truly shocking!”

"Such crazy subscription intensity and phenomenon prove that the market is not short of funds in nature, it just lacks a certain degree of confidence."

"It's a single isolated case, but we still can't look at it as a whole, right?"

"But it can also explain some problems."

"I agree. Today's skyrocketing net asset value of these fund products of 'Anzhao Fund', as well as the crazy subscription behavior of investors for these fund products they manage, can also prove the market's current investment sentiment and investment Confidence is on the rise, even though this company is tainted with the concept of "Yu Hang Series", which has led to such a surge in net asset value and investors' crazy subscription behavior.

But if the time happened two months ago, or a few months ago, the market was at a trough.

I'm afraid that even if this company gets involved with the concept of "Yuhang Group" and becomes a wholly-owned subsidiary of "Yuhang Investment Company", this crazy run on subscriptions will not happen. "

"Indeed, this is only a company related to the 'Yuhang Group'. Its fund product operations are independent of the 'Yuhang Investment Company'. If it is the 'Yuhang Investment Company' , if new fund products are issued independently next, with the market that has already recovered, as well as investment sentiment and investment confidence, can everyone imagine the grand purchase event?"

“Don’t imagine, if the Yuhang Group independently issues new fund products with a scale of 20 billion, it will definitely not be able to stop it.”

"20 billion scale? Looking at the crazy enthusiasm pursued by investors in this market, there will definitely be more!"

"It is estimated that if the 'Yu Hang Group' launches new fund products, its fundraising scale will be close to that of the first-class public fund institutions in the current market, right?"

“Originally, according to regulations, large-scale publicity is not allowed when private equity institutions raise funds, but now that the ‘Yu Hang Group’ is so well-known, if it is not publicized, the popularity will be overwhelming.”

"Don't think about it, the more you think about it, the more terrifying it becomes!"

"The success of the 'Yu Hang Series' also shows that performance is the basis for scale growth, right?"

"Everyone knows that performance is the basis for scale growth, but... looking at the entire market, who can achieve such performance as the 'Yu Hang Series'?"

"Indeed, if it is necessary to achieve the performance of a fund like the 'Yu Hang Series', then it is normal for investors to trust the fund and rush to invest like crazy."

"Hey, the saying 'Performance is the basis for scale growth' is just a piece of correct nonsense. Looking at our entire industry, who doesn't want to achieve performance? The key is to be able to do it! If you can't achieve performance, then If the performance is mediocre, publicity becomes very important.”

"Forget it, forget it... I can't envy you, I can only think about it."

“In the entire market, only the ‘Yu Hang Series’ fund products can achieve this performance. Therefore, the saying ‘Performance is the basis for scale growth’ is correct, but it is also empty talk.”

"Hey, don't tell me, if it's a new fund launched by the 'Yu Hang Series', I'll probably have to rush to buy it and give it a try."

"Indeed, judging from the several 'Yuhang Series' fund products currently in operation, basically... you will make money if you grab it."

"The popularity of the 'Yuhang System' is so hot! Even before the performance has been officially announced, the topic has already soared in major financial headlines and major online stock investment forums, and... I heard that the topic has soared. In the foreign exchange market, the share transfer prices of several major fund products of the 'Yuhang Series' have also skyrocketed, and the premium transfer rate has soared to more than 40%."

"At the 40% premium of the last net value announcement of the 'Yu Hang Series'?"

"Yes, scary, right?"

"Why do I think this premium is not bad! In the current market, don't everyone's expectations for the net value growth of the main funds of the 'Yuhang Series' be around 30% to 40%? After all, the current main funds of the 'Yuhang Series' The size of the fund is basically in the tens of billions. It should be very, very difficult for the net worth to continue to surge on a large scale, right?"

"Yes, according to industry norms, once the fund size exceeds 10 billion, the rate of increase in net profit will obviously slow down, and it will no longer easily double."

"For large-scale fund products, if the net profit value wants to double and skyrocket, we can only hope for the trend of the market itself."

"It is possible in the bull market stage, but in the bear market and shock market stage, it is very difficult for fund products above tens of billions to achieve an increase of more than 100% in net profit value at every turn!"

"Haha, let's take a look at the net worth growth and specific positions of the 'Yu Hang Group' tomorrow. I feel it will exceed expectations."

"I also feel that it will exceed expectations, but I don't know how much more?"

"Can the scale of the three main fund products of the entire 'Yuhang Series' exceed 45 billion?"

"I don't know. I feel hopeful, right?"

Along with the fierce discussions in the internal groups of these institutional groups...

Inside and outside the market, discussions and expectations among retail investor groups, as well as medium and large hot money groups, are also extremely high.

Even within the main hot money group of Yu Hang where Su Yu is located.

There are already hot money bosses who are beginning to think about betting on the stocks of several major fund products of the 'Yu Hang Series' and arbitrage during the period.

"Everyone, please tell me, if the net values ​​and holdings of several fund products of the 'Yuhang Series' are announced at 10 o'clock tomorrow morning, will their heavy holdings of stocks be snapped up by market investors?"

"Mom, there is no doubt that it will happen!"

“I feel like there is arbitrage that can be done here!”

"It is possible to arbitrage, but before the net values ​​of the main fund products of the 'Yuhang Series' are announced, we don't know their specific positions. How to arbitrage?"

"Guess, the layout is based on the two main lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'reform and reorganization of central and state-owned enterprises'. If you bet on related core stocks, you will definitely be able to guess.”

"It's better to guess Mr. Su's 'Fortune Road' seat and the stocks he has bought."

"Yes, this is also a direction."

"In the past month or so, Mr. Su's 'road to wealth' has been on the Dragon and Tiger list, and it seems that he has become completely invisible again."

"I guess for more than a month, Su will always be locked up!"

"In the past month or so, the market has been moving forward in small steps. It has been moving upwards with moderate increases in volume. The entire upward trend is slow but stable, and the market conditions are increasingly focusing on 'infrastructure', The two main lines of 'military industry', as well as the main lines of core concepts of 'Eurasian Economic Belt', 'New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central and State-owned Enterprises', under this market trend, Mr. Su, And several fund products he manages are in lock-up status, which should be normal!"

"I agree, I feel like this is a bull market trend."

"In a bull market, we have to wait until the market breaks through 2,500 points and truly opens up space before we can truly judge it."

"With the 'Yu Hang Group' under the leadership of President Su as the cornerstone of the market, I feel that this time the Shanghai Stock Exchange Index breaks through 2,500 points, there will not be too much pressure."

"We're at this point now. Let's look at the stimulating effect on the market after several fund products of the 'Yuhang Series' announced their net values!"

"Anyway, tomorrow's market focus will definitely be on the 'Yuhang Series' fund products managed by President Su."

"Haha, I've been waiting for a long time. I really want to see what the net worth of several 'Yuhang series' fund products is now."

"Stop talking. Besides, I can't sleep tonight."

At a time when many hot money tycoons are thinking about how to make arbitrage by taking advantage of the announcement of the net values ​​of several major fund products of the 'Yu Hang Series', they are also extremely looking forward to the development of the net value of the funds of the 'Yu Hang Series'.

In the evening, in some private villas, as well as inside important domestic financial institutions and regulators.

Many senior figures have also turned their attention to the hot news of the 'Yuhang Department', and are curious about the performance that this organization will announce soon.

And in the eyes of tens of millions of investors in the market.

People ranging from insiders of financial institutions to entry-level retail investors in the market are paying attention and focus.

The next day, Friday, August 8th came.

At 9:25 a.m., the Shanghai Stock Exchange, Shenzhen Stock Exchange Index, and ChiNext Index remained flat.

At 9:30 a.m., after the market officially opened, several major indexes continued to maintain a flat and volatile trend. Among them, the core hot spots in the market still focused on the two main lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt' and 'European Economic Belt'. There are several core concepts on the New Era Road, Maritime Silk Road', and 'Reform and Reorganization of Central and State-owned Enterprises', but the overall hype has not heated up at this time, and the market has not rashly launched a charge towards the upper 2,500 points.

At 9:40 a.m., the Shanghai Stock Index was still oscillating around the 2490 point. In the market as a whole, large funds were slowly flowing in, but it did not catalyze the market's upward trend.

At 9:50 a.m., the time-sharing volume of the two cities entered a state of obvious shrinkage. It seemed that everyone was waiting for the announcement of the "Yu Hang Series" news, and was relatively silent.

At 9:55 a.m., it is getting closer and closer to the announcement of the net value of the fund by the ‘Yu Hang Group’, and the time-sharing shrinkage of the market is becoming more and more obvious. The time-sharing trends of several major indexes are also getting smaller and smaller.

At 10 a.m., the Shanghai Composite Index, Shenzhen Composite Index, and ChiNext Index returned to flat positions.

Inside and outside the market, countless pairs of eyes are watching.

On the private equity fund public information website in the industry, the ‘Yu Hang Group’ disclosed the net worth of each of its main fund products and specific positions on time.

I saw...

The historical net value of the 'Yuhang No. 1' fund product has changed from 87 announced last quarter to 88. Compared with the last net value, it has increased by 21%, and the annual net profit has increased by a total of 73%. The fund asset size has From 6.8 billion when it was announced last quarter, it increased to 0.3 billion.

The historical net value of the 'Yuhang No. 2' fund product has moved from the 36 announced last quarter to the 10th position. Compared with the last net value, it has increased by 93%, and the annual net profit has increased by a total of 13%. The fund asset size It increased to 8.3 billion from 7.7 billion when it was announced last quarter.

The 'Yuhang No. 3' fund product announced its net value performance for the first time since its establishment. Its historical net value, which was 0 when it was established, has moved to 76. Compared with the last net value, it has increased by 21%. Of course, The annual net profit also increased by 21% simultaneously, and the fund's asset size increased from 10 billion when it was established to 2.1 billion in less than half a year.

According to the net values ​​announced by the three main fund products of the ‘Yuhang Series’.

The total assets of the three fund products have reached about 49.7 billion, which is very close to the 50 billion mark.

This kind of net worth performance and scale growth... looking at the entire industry, it is unique!

And when everyone's eyes turned to the specific holdings of the main fund products of the 'Yu Hang Series' in the midst of great shock, they saw... As expected, the three main fund products of the 'Yu Hang Series', in addition to participating in the determination There are several newly added stocks, as well as some positions in the 'Internet Finance' sector. The other core positions are basically the two main lines of 'infrastructure' and 'military industry', as well as the 'Eurasian Economic Belt' and 'New Era Road'. Stocks in the main areas of core concepts such as "Maritime Silk Road" and "Reform and Reorganization of Central and State-owned Enterprises".

"Damn it, this performance is too explosive, isn't it?"

Seeing the performance of the three main fund products of the 'Yu Hang Series', the entire market, whether it is people in the asset management industry, large investors, hot money groups, or old investors who are gaming in the market, and those who are rushing to enter the market. Everyone is extremely shocked by the new leeks!

Everyone in the market expects that the net value growth of several fund products of the "Yuhang Series" should be between 30% and 40%.

Unexpectedly, the actual performance growth exceeded market expectations and almost doubled.

At the same time, everyone was extremely shocked. Before the net value results of several major funds of the 'Yuhang Series' were disclosed, they generally purchased several major funds of the 'Yuhang Series' off-site at a premium of about 40% to 45%. Investors with product shares were extremely ecstatic at this moment, and their admiration for Su Yu reached the extreme.

After all, according to this public net worth, the value of the fund shares they purchased increased by 40% to 50% overnight, which was an extremely huge profit.

At the same time, if at this time, you want to buy "Yuhang Series" fund shares off-site.

Based on the current net worth standard, a premium of 15% to 20% is still required.

While this group of people was ecstatic, the fund investors who took advantage of the announcement of the net worth, used stock speculation to speculate on the shares of the 'Yu Hang Series' fund, and cashed in on the good news, all had their legs broken at this moment. , I regretted it to the extreme.

Moreover, at the moment when several major fund products of the ‘Yu Hang Series’ disclosed their net values ​​and positions.

In the entire market, the core holding stocks of several major fund products of the 'Yu Hang Series' also began to move crazily in an instant, ushering in a huge amount of attention and competition from major funds, resulting in the stock prices of their corresponding stocks exploding and rising in a straight line. Lift.