Chapter 257 Changing Living Conditions
The beginning of winter has passed, and the weather is getting colder day by day; it rarely snows in Ningbo, but the chill after the rain is also very uncomfortable.
So in Xu Jianqing's opinion, it is better to stay at home and play games than to go shopping in this kind of weather.
Xu Jianqing's answer made Wu Peng nod his head continuously. In fact, judging from the nature of their work, most programmers and traders like them have some attributes of otakus.
However, Wu Peng, who is married and has a son, has to spend time with his wife and children on weekends. He does not have as much freedom as Xu Jianqing. At this moment, he is somewhat envious of Xu Jianqing and the other two.
Wang Ruoyu and Liu Tingting also packed up, and the four of them left the trading room together; Gu Junhao had already left the trading room in the afternoon as he had an appointment in the evening.
Walking out of the trading room, seeing Xu Jianqing greeting everyone in a familiar manner, Wu Peng smiled, said hello, and left the company first.
Walking out of the entrance of the financial building and arriving at the designated parking area of Junshi Capital , Wu Peng glanced at the car of Xu Jianqing and the other two parked next to his own car, smiled, and drove home.
At the same time Wu Peng left, Xu Jianqing, who had just got off work, was not in a hurry to leave and was bragging about the fund's performance in the company; of course, Xu Jianqing was very sensible and did not say anything about the specific content of the transaction.
He knew this very well. Xu Jianqing only talked about how great the fund's performance was and how good the boss was at selecting stocks.
In the second week of November, as the Shanghai Composite Index and the ChiNext Index both experienced several large corrections, Dongfang Fortune and Xibu Securities were both in a state of slight decline, with Dongfang Fortune falling slightly by 0.06% and Xibu Securities falling by 0.53%.
However, due to the outstanding performance of Yinzhijie this week, Yinzhijie surged 20.63% this week, and the market value of its holdings of 11,000 lots increased by more than 7 million yuan.
Combined with Wang Ruoyu's small operations, at the end of this week, the overall scale of Junshi No. 1 exceeded 110 million yuan, and the net value was as high as 2.7511.
Junshi No. 2's performance this week was rather average, with all four holdings in decline. Among them, Zhongguo First Heavy Industries had the largest decline within a week, reaching 8.90%.
However, due to the addition of an experienced trader and continuous T within a week, the retracement of Junshi No. 2 was controlled within a certain range.
Screenshot: As of today's closing, the overall scale of Junshi No. 2 still remains at 520.6 million yuan, with a net value of 1.0411. Wu Peng has made an indelible contribution to keeping the retracement rate of Junshi No. 2 within a relatively small range.
Although Junshi No. 2 retreated this week, Xu Jianqing still managed to make a fuss about it. In his words, the sharp drop this week and the retreat during the position building process were within the normal range.
The strong rise of Junshi No. 1 has become his most powerful promotional slogan.
"It's a pity for this kid not to be a fund salesman."
Xu Yan was also listening quietly at the side, trying to gain some useful information; in the past few days, Ren Yetao was urging him again, making him upset.
I have to find an opportunity to reveal some information to him so that he will stop bothering me.
Xu Yan listened patiently for a long time, but did not get much useful information except Xu Jianqing's bragging. However, he could learn from a few words that Junshi No. 2 was still in the process of building a position.
"Fund No. 2 hasn't completed its position building yet, so there's still a chance." Xu Yan thought secretly. If he gave him some news at that time, it would be considered an explanation. He just hoped that Ren Yetao would not look for him again in the future.
When Xu Jianqing stopped talking and prepared to go home, Xu Yan also left the office area and returned to his office to sort out today's after-market information.
At work, Xu Yan is quite serious. Every week, he and his subordinates collect a lot of information and send it to Gu Junhao and Li Xinyu via email in a timely manner.
The Shanghai-Hong Kong Stock Connect will be officially launched next Monday. The official launch of the Shanghai-Hong Kong Stock Connect can be regarded as one of the biggest landmark events in the A-share market in 2014. The market intelligence departments are destined to work overtime this weekend to keep a close eye on the latest developments.
In fact, as far as work is concerned, Xu Yan is very serious and his work efficiency is very good. Under his leadership, the market intelligence department has done a very good job in collecting information on the Shanghai and Shenzhen stock markets and even foreign markets.
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While some company employees work overtime on weekends, Gu Junhao also has his own things to do. Since the issuance of the second fund, with the increase in customer base, his private time has gradually decreased.
On weekdays he could still refuse on the grounds that the fund was currently building a position, but on weekends there were some social engagements that Gu Junhao could not refuse.
Since the company was founded, the successful issuance of two funds, coupled with the fact that the rules for charging management fees have somewhat violated industry norms, has caused some people to become jealous and cause trouble for Junshi Capital.
However, all of this was resolved by Gu Junhao. In addition to the fact that Gu Junhao himself ran a formal business and paid taxes in full and on time, he also needed the help of some clients, so there were some social engagements that Gu Junhao could not refuse.
Time passes faster and faster, just like a man over 30. The two-day weekend passed in a flash, and the damp and cold weather in Ningbo in winter gradually became less comfortable.
Today is the day Cao Wenxun starts working. I have to say that Cao Wenxun is really fast. He quickly dealt with his former employer and started working on time within a week.
Today, Gu Junhao came to the company earlier than usual. After completing Cao Wenxun's entry procedures, he stayed in the trading room for the whole day, just like when Wu Peng joined the company.
Huanghe Securities has been transferred from Liu Tingting to Cao Wenxun. Liu Tingting continued to return to Junshi No. 1, completing the mission of building a position in Junshi No. 2.
Liu Tingting's return also relieved a lot of pressure on Wang Ruoyu.
In this way, Junshi No. 2 was managed by Xu Jianqing, a newcomer who did not look like the leader of the trading team, and two new but experienced employees.
This was also a big test for Xu Jianqing. How to convince the two was Xu Jianqing's primary concern.
As for Gu Junhao, he never thought of replacing Xu Jianqing as the leader of the trading team. Even if he had to change, he would choose between Wang Ruoyu or Liu Tingting.
Having the same feeling as Wu Peng, Cao Wenxun was also surprised on his first day at work that Gu Junhao's style was actually large-cap stocks with heavyweights, while the stock handed to him was Yellow River Securities, which had fallen below the five-day line for two consecutive trading days.
Compared with Wu Peng, Cao Wenxun's luck was worse. Wu Peng's first day at work coincided with the sudden launch of the Shanghai-Hong Kong Stock Connect, and the performance of heavyweight stocks was extremely impressive.
After last week's continuous major adjustments, the securities sector has lost its former strength. With the official launch of the Shanghai-Hong Kong Stock Connect in the morning session today, the Shanghai Composite Index did not rise as expected.
The positive performance of A-shares in the short term has the inertia of dying out in the light, and the Shanghai-Hong Kong Stock Connect is no exception. The Shanghai Composite Index only opened slightly higher in the morning and then continued to fall.
Similarly, the performance of Yellow River Securities, which fell below the five-day line, was also unsatisfactory. Operations during a stock price correction are definitely more difficult than those during an uptrend, which also brought considerable trouble to Cao Wenxun.
Gu Junhao gave Cao Wenxun the same authority as Wu Peng, and his subsequent performance was just like Wu Peng's first day on the job, which made Wu Peng laugh to himself.
"It seems that my silence on my first day at work was a test for me." After figuring this out, Wu Peng found this boss, who was a little too young, quite interesting.
Afterwards, Wu Peng also turned his attention to his new partner Cao Wenxun and expressed sympathy for him; today the styles of the Shanghai and Shenzhen stock markets have obviously changed, and the hot spots are not among the heavyweight stocks.
Today's hot spots are obviously in small and medium-sized growth stocks. The small and medium-sized growth sector suffered severe losses and continuous declines last week, and is seriously oversold in the short term. Today, the funds that were realized by taking advantage of the positive news of the Shanghai-Hong Kong Stock Connect have shown a trend of flowing back to small and medium-sized growth stocks since the early trading session.
After opening high and fluctuating slightly, the ChiNext Index quickly rose. By 9:40, the index had risen by more than 0.5%, and the rebound trend was extremely obvious.
The biggest concern for traders is that they cannot easily change stocks without the consent of the fund manager, although there are many short-term speculators like Ren Yetao among private equity institutions.
This is also the case with Cao Wenxun's previous employer. Although they did not participate in one-day market movements like hot money, frequent stock changes were common.
However, Gu Junhao is obviously not one of them. As for the mediocre performance of the securities sector and Yellow River Securities, Cao Wenxun has no choice but to go ahead with it.
Today, Gu Junhao still kept his eyes on the ChiNext Index and its three constituent stocks. Dongfang Wealth, which narrowed its volatility and finally closed in the red last week, also showed signs of stopping its decline today.
In the morning session, it opened high like the ChiNext Index, fell slightly and found support before rebounding smoothly. It also rebounded when the index rose.
Tong Huashun, which had an outstanding performance last week, showed signs of a correction against the market trend today. Tong Huashun fell rapidly at the opening, and when the index rose, the decline was as high as 5% at one point.
Tonghuashun showed obvious signs of intraday correction. Even with the entry of a large number of institutions, its trend was still against the market as before.
Another stock in which hot money participates heavily, Yinzhijie, has performed better. Although its performance in the morning was average, it did not fall sharply, and the opening was also in a mode of adjustment with shrinking volume.
The continued differentiation between the two markets became even more pronounced at ten o'clock. The Shanghai Composite Index continued decline, while the ChiNext Index once rose by more than 1%, and Dongfang Wealth rose by nearly 4%.
Yinzhijie's share price also rose by 3.25%, closing at 34.59 yuan, continuing to head towards last week's high of 34.80 yuan.
Yinzhijie has clearly entered a period of acceleration. After last week's daily limit, the stock price was adjusted for only one trading day, and then it has been rising steadily along the daily and five-day lines .
Judging from the equilibrium line, all trend lines of Yinzhijie have been smooth, and there is a trend of six lines blooming, but its stock price has not deviated from the five-day line. This trend has a great concept of a big bull market.