Chapter 114 Preparations before opening
Gu Junhao's rate of return this month has dropped significantly compared to April; however, this month's rate of return is still not bad. After being short for a period of time, the amount of funds transferred twice plus the current market value has exceeded 30% of the return.
A monthly return of 30% is not low even in a bull market. The incredible performance of Dafu Technology last month is hard to come by. For ordinary investors, it is enough to brag about if they encounter a performance like Dafu Technology once in their stock trading career and keep it up .
"If you have nothing else to do, leave work early. Be careful when traveling." Gu Junhao said to his employees after leaving the office.
"Thank you, boss, and I wish you a happy holiday."
"You are here to thank me for the red envelopes, right?" Gu Junhao said with a smile.
The Dragon Boat Festival holiday is the first traditional holiday that Junshi Capital has encountered since its establishment. When going to work this morning, Gu Junhao also gave everyone a red envelope of 1,000 yuan as a welfare, and all employees received the same treatment.
Anyway, there weren't many people and the total amount was less than 20,000 yuan, but it was a bit of a surprise for some low-level employees and three newly graduated traders. In 2014, few private enterprises were so generous, and the most they gave out was two boxes of rice dumplings.
After the market closed at three o'clock today, Gu Junhao turned off his computer and left work early. As a short holiday was coming soon, there was no point in reviewing today's market. It would be more effective to review the news after the market news during the holiday came out.
It is worth mentioning that since the company set up the market intelligence department, Gu Junhao has been much more relaxed and no longer has to read the news and collect all kinds of information every day.
Junshi Capital's market intelligence department sounds impressive, but it's actually just that simple. Currently, there is only one person in charge, Xu Yan.
Gu Junhao has always been dismissive of insider information. The insider information that ordinary people know may have been passed on for hundreds of times, waiting for you to take over. At the same time, he also knows that the outcome of insider trading will not be very good. For example, Gu Junhao knows the final outcome of Xu, who is now in great glory.
I will never touch the bottom line of insider information or violations. I make money honestly and within the scope allowed by the rules, and I lose money with dignity.
The current main task of the Market Intelligence Department is to collect macroeconomic research reports, individual stock announcement information and market news, even some big Vs, comments from retail investors, etc., and finally classify and screen them for reporting and submit them to Gu Junhao for review.
Currently, these matters are handled by Xu Yan from the Intelligence Department, with assistance from Gu Junhao's personal assistant Li Xinyu.
Xu Yan is 35 years old this year. He is from Chaozhou City, Guangdong Province. He is married and has one child. His life experience can be described as dramatic. In 2005, when he was 26 years old, Xu Yan first entered the stock market. After two years of struggling in the stock market, he caught up with the bull market in 2007.
During that bull market, Xu Yan made a profit of 1 million yuan. You have to know that this was in 2007. The 1 million yuan at that time was incomparable to today. Xu Yan, who was full of energy and ambition, would naturally not be satisfied with just a profit of 1 million yuan.
What followed was a familiar plot: the leveraged shares encountered a stock market crash, and the situation returned to the pre-liberation era overnight; Xu Yan, who was heavily in debt, had no choice but to go out to work. Fortunately, the people of Chaoshi were brave and hardworking, and the wives of Chaoshi were relatively docile and obedient .
Xu Yan himself said that the wives in Chao City are gentle, obedient and hardworking. He often feels that he has married a good wife, otherwise he doesn't know what kind of life he would be living now.
Over the years, Xu Yan has slowly paid off his debts, and his family did not leave him as everyone imagined. It was precisely because of this experience in stock trading that Xu Yan developed a habit of collecting all kinds of information, and he was extremely sensitive to everything from national affairs to street life.
This is also a common problem of most retail investors, who know everything about astronomy and geography; although this kind of information is not of much help to them in stock trading, they will still lose money.
But no matter what a person does, as long as he is better than ordinary people, he is unique.
When Xu Yan entered the interview at Junshi Capital, Gu Junhao discovered this characteristic of his and decided to keep him to give him a try. The position in the market intelligence department is relatively important, so Gu Junhao personally interviewed him in the end.
Shen Boyu originally thought that Xu Yan, who was a gambler, had some character flaws and might not be suitable for a position in the intelligence department. However, Gu Junhao valued his ability to analyze information more and did not react to this.
In terms of ability, Gu Junhao was not wrong about Xu Yan. Xu Yan was very sensitive to market news, and every report he sent to Gu Junhao was meaningful and did not add useless information.
As for losing money due to leverage and going into debt, everyone has experienced this. There are many people who have lost money due to leverage in stock trading. As long as they work honestly and earn money in the future, their lives will gradually get better. There is no need to criticize them with one blow.
Gu Junhao was lucky to have a short holiday before the company opened. Now everything is ready and they are not so busy for the time being. Gu Junhao and his wife can enjoy the short holiday peacefully.
After spending three days of vacation in a leisurely manner, when the first working day of June came, the first thing Gu Junhao did was to notify his account manager Gu Manyi and prepare to discuss the conditions for entry into the fund account, the establishment of sub-accounts and the preferential treatment in commissions.
32 million yuan of funds, plus the market value of Gu Junhao's personal account of more than 18 million yuan, a total of over 50 million yuan in funds, would be considered a big client in any branch, and no brokerage branch would ignore it.
Gu Junhao did not In fact, the second time, he could have negotiated a lower price. But this time was different. The commission rate Gu Junhao asked for was relatively high, which was beyond her personal authority. She could only ask the leader of the sales department to step in.
Gu Junhao is now somewhat famous in the Beicang stock trading circle. The Beicang urban area is not large, so this kind of thing spreads quickly. For more than a month, some of Gu Junhao's personal experiences and the size of his first private equity fund have been spreading within the Beicang industry.
In just one year, he earned nearly 20 million yuan from stock trading, and his private equity fundraising was so smooth. He had a cash flow of half a billion yuan, which was really enviable. Other brokerage firms also approached Gu Junhao and offered considerable discounts.
However, in line with the principle of doing business with someone familiar, Gu Junhao decided to notify the Beicang Branch of Zhongtai Securities first. He had opened an account here in his previous life. As long as the preferential treatment could be consistent with that of other securities companies, it would be fine.
"All funds will be transferred to the account at the earliest on the 6th of this month and at the latest on the 13th of this month. Please rest assured, Manager Wang." After negotiating various discounts with Manager Wang from the sales department, Gu Junhao said.
"Mr. Gu is a young and promising man. On behalf of the sales department, I would like to thank you for your support." Manager Wang said to Gu Junhao with a smile.
Faced with pressure from peers, Manager Wang offered considerable discounts; however, he valued Gu Junhao more as a person and was optimistic about his future development.
Before discussing the terms of cooperation, Lao Wang also looked at the yield curve rate since Gu Junhao opened the account, as well as every delivery note. This is a unique advantage of Zhongtai Securities. Other peers are only envious of the amount of funds, but Zhongtai Securities can get a more comprehensive understanding of Gu Junhao's trading methods from the delivery notes.
As for Gu Junhao's previous T work in Wangsu Technology and Dafu Technology, as well as the exaggerated rate of return, Old Wang was surprised, but not surprised.
Small funds are highly flexible, and in each round of market there are always some people who will make a lot of profits. Lao Wang is not a man who has never seen the world, so this is not a strange thing to him. The difficulty lies in how to maintain profitability all the time.
Lao Wang actually cares most about Gu Junhao's earnings in May. The position allocation management of funds over tens of millions is definitely different from that of millions. It is very rare that Gu Junhao was able to make a perfect transition and still maintain super high returns.
In terms of stock selection, both long-term and short-term are important. Tong Huashun, which is heavily invested in the stock, is stable and can seize the few opportunities that are available. In terms of short-term operations with holdings of only four trading days, Yin Zhijie builds positions sharply and liquidates positions decisively.
Holding some stable mid- and long-term stocks, supplemented by short-term small positions to increase the rate of return, is the necessary quality for tens of millions of dollars of funds. It was also the trading record in May that made Lao Wang believe that Gu Junhao could manage the first fund of tens of millions of dollars, so he offered a huge preferential treatment.
The first one has had a good start, so how long will the second one take?
"It's not about support, let's just cooperate and achieve mutual benefit." Gu Junhao said with a smile.
"You guys chat, Xiao Gu, please greet Mr. Gu. I have something else to do, so I'll leave you now." Manager Wang glanced at Gu Manyi and said.
Gu Manyi was also very happy. Although she had no authority for this cooperation and it was negotiated by her leader, Gu Junhao was her client after all, so she would definitely have a share when the performance was calculated.
"With a capital of over 50 million, this is already my largest client. He is a wealthy man."
Gu Manyi looked at Gu Junhao with a smile, and couldn't help thinking in her heart; according to his stockholding style and T-doing habits, even if there is a big discount, the handling fee will not be low, and most of her future monthly performance will depend on him.
"Uh, why are you looking at me like that?"
"Ah, it's okay. You are my God of Wealth now. How about I treat you to a meal?"
After the financing limit was increased, the two of them contacted each other more frequently, after all, they had to maintain their clients; Gu Manyi also noticed that although Gu Junhao was a rather aloof person, he was still easy to talk to and didn't put on airs.
After understanding Gu Junhao's character, Gu Manyi was no longer so restrained in front of Gu Junhao.
"Forget about the meal. I have something to do and have to go back first. But if your sales department has any benefits for customers, you can give me more. I will never refuse rice, oil, etc." Gu Junhao also said jokingly.
"You are already a multi-millionaire, and you still want to take advantage of others. Besides, can you finish all the food I give you?"
"Who said I have to eat it myself? I can give it to my employees or to the welfare home."
