Chapter 318: Going to Sea Plan
At 5:30 p.m., the net value of Junshi No. 2 is updated on time.
Gu Junhao did not disappoint his fans. After nearly a month, the net value of Junshi No. 2 Fund changed for the first time, which gave strong confidence support to those who bought in the morning of July 9.
Even though the market has surged in the past two days, with gains of over 10% common, people's confidence in holding shares is not very high.
The performance of Junshi No. 2 was as expected and as strong as ever.
The overall scale reached 2.999 billion yuan, less than one million yuan away from the 3 billion yuan mark. The net asset value ratio increased from the previous 5.5629 to 5.9981 this week.
Compared with before the stock market crash, thanks to the strong rebound in the past two trading days, Junshi No. 2's yield this week increased by 7.82%.
The revenue reached a huge amount of 217 million yuan, and the performance is still strong.
"Brother T really entered the market to buy at the bottom. The customers who bought this fund are really happy. It survived the stock market crash perfectly and benefited from the rebound this time."
"Brother T, didn't you invest much? The stocks have been almost all up these past two days, so how come the return is only 7.82%?"
"You must have entered the market early. Junshi No. 2 has a gross market value of 3 billion. Do you think we can sell out or restock in one second?"
"That's not true. Anyway, I feel relieved now that Brother T is in the market. Haha, I made 30% profit this week. Thanks to Brother T."
"30%, this is the highest limit. I'm so jealous."
"I'm crying. Why didn't Brother T enter the market earlier? My position has been liquidated and I have no chance to buy stocks anymore."
…
July 13, Monday, a new trading day arrives.
On the news front, the China Securities Regulatory Commission and the Cyberspace Administration of China have begun to regulate off-exchange financing to prevent the continuation of the leverage bull market. The rescue policy will continue, and the Shanghai and Shenzhen stock markets opened higher again today.
It is worth noting that with the rebound of the index, many individual stocks announced the resumption of trading today, which attracted widespread attention from the market.
The large blue chips that played the main role in protecting the market in the previous stage began to weaken today. With the exit of profit-taking funds, the outflow of funds from the two markets began to increase, which also caused great fluctuations in the Shanghai Composite Index.
Today's rebound force is concentrated in small and medium-sized innovative theme stocks. The ChiNext Index once again hit the daily limit during the session. Tonghuashun hit the daily limit several times during the session, but the daily limit was also frequently broken.
At 1:30 p.m., looking at Tong Huashun, whose stock price kept rising, Gu Junhao said to Cao Wenxun, "Sell half of it. Today's daily limit is much weaker, and the follow-up is a bit weak."
At this time, the orders on Tonghuashun 's board were less than 40,000 lots. For small and medium-sized start-up stocks, Gu Junhao's main focus this time was on rebounding and he did not think about holding more.
Besides, no matter how you smash these stocks, it won’t affect the overall situation.
The weight is used as the bottom position, and try not to reduce the position. The small and medium-sized entrepreneurs will make a rebound to increase the profit margin of the fund. Although only half of the position of Tong Huashun was sold today, Gu Junhao will still clear the position if everything does not go as expected.
Today, Tonghuashun's daily limit price is 90.51 yuan. If it hits the daily limit again, it will be close to 100 yuan. Small and medium-sized stocks with a price of 100 yuan can be said to be the hardest hit areas in this round of stock increases. Tonghuashun, which has rebounded continuously, is also facing such pressure.
Not surprisingly, Junshi No. 2 will frequently rotate small and medium-sized start-up stocks in the following days of this year.
After 20,000 sell orders were placed, two straight volumes appeared on Tong Huashun's intraday trading chart in an instant. The large orders also caused Tong Huashun to open the daily limit again after 4 minutes.
As for Home Depot, which had a daily limit increase after breaking through the floor-ceiling trend last week, it opened sharply higher at 14 yuan today and continued its upward momentum. The stock price successfully reached the daily limit at 10:15.
The orders on the daily limit are huge, and there is no sign of them being opened until now. It can be said that it is the most difficult to build a position in Home De Lisboa. It took five trading days, three daily limit downs, and one floor-to-ceiling board, plus the pull-up and hitting the board on July 10 to complete the position.
Its cost has also increased to as much as 13 yuan, and the daily limit price last Friday only brought a return of 2.23%. Only today's rate of return is considered acceptable.
The share price of Home Depot, which hit the daily limit today, is reported at 14.62 yuan, and the current holding profit remains at 12.46%.
After finishing all these, Gu Junhao no longer paid attention to the trend of A-shares today, but turned his attention to the US stock market on the Pacific coast.
Junshi's proprietary trading currently has only one stock, Tianqi Liye. Tianqi Liye opened at the daily limit today, and after opening slightly several times during the trading session, it quickly hit the daily limit. Unlike Tonghuashun, Tianqi Liye is very strong today, and its share price has reached 50.31 yuan.
This is also the stock with the best buying position and the highest return among all Junshi Capital's current holdings, with a current profit of up to 42.88%.
However, it is impossible for Gu Junhao to let his proprietary trading account continue to reap profits from the A-share market. The bigger picture is to expand overseas.
From a macroeconomic perspective, 2015 was a turbulent year for the global market, with growth slowing down; the U.S.’s own economic growth also began to slow down, with the strengthening of the U.S. dollar and falling commodity prices reducing profits in the energy industry.
The turbulent situation in some regions and the expectation of interest rate hike by the Federal Reserve have all contributed to the mediocre performance of the U.S. stock market in the first half of 2015. On the contrary, the performance of A-shares in the first half of the year led the world.
Judging from past experience, the Fed's every move has attracted much attention throughout 2015. Whether to raise interest rates and when to raise interest rates have always touched the sensitive nerves of the market.
When will the shoe drop and whether the US stock market, which has experienced a six-year bull market, can continue are constant topics lingering in investors' minds.
However, these are not problems for Gu Junhao. The bull market in U.S. stocks will naturally continue. It is fundamentally different from A-shares. If the stock market does not rise, the U.S. economy will be worse.
It can be said that the U.S. stock market affects the economic lifeline of the entire country. Once a serious decline occurs, foreigners will also try every means to maintain the stability of the stock market. Market rescue exists in every country.
Although the S&P performed dismally in the first half of the year, it also had some bright spots. There were also many bullish stocks, especially technology stocks. Currently, some well-known global companies, including Chinese stocks that are familiar to China, are not ranked high.
Except for a few such as Netflix, which are at a high position and cannot be intervened, the positions of Nvidia, Tesla, and Facebook are not very high. Although the pork stocks among Chinese stocks have risen a lot, they are still in the mid-term stage.
Technology stocks can be said to be a major theme of the U.S. stock market in the next few years. Gu Junhao naturally does not want to miss the opportunity to intervene at a low price.
Under the premise of limited funds, Gu Junhao chose Nvidia from a series of well-known technology giants. Currently, only this stock price is at a low level, hovering around 18 to 19 US dollars.
Nvidia, a maker of chips for computers and smartphones, is also working with cutting-edge auto companies such as Tesla to integrate its infotainment systems into cars.
At the same time, it will also strive to sell its technology to manufacturers of self-driving cars. With the increasing shipments of smartphones and the rise of Tesla and new energy vehicles, its future performance will surely exceed investors' expectations.
Gu Junhao didn't know how much Nvidia's stock price had risen in the past, but the current share price of less than US$20 must have been more than that.
The other one is the pig farm stock whose current share price is fluctuating around US$100. It is also a good short-term speculation opportunity. Gu Junhao knows the general trend of this Chinese stock.
Thanks to the huge profits in the gaming industry, the stock price of Zhuchang, which once fell to the brink of delisting, has continued to climb to more than US$300 in recent years. This increase continued until 2018, which happened to be the bear market consolidation period of A-shares.
After a round of adjustments, the stock price fell sharply to around 200 US dollars, and then began to soar again, reaching a high of over 500 US dollars, making it the most popular stock in the country at that time.
The US stock account has been opened since the establishment of the proprietary trading platform. This was planned by Gu Junhao before, and the corresponding foreign exchange is also being exchanged. In addition, it is daytime now, so it is naturally impossible to open a position.
Junshi Capital currently has nearly 500 million yuan in liquid funds in its account, including Tianqi Liye . Gu Junhao plans to inject a total of 300 million yuan in RMB and US dollars into its proprietary trading account to invest in A-shares and foreign stock markets.
The voting targets of A shares have been established, and the rest is mainly in the U.S. stock market. As for the remaining nearly 200 million yuan of funds, it will be used to maintain the company's daily operations and primary market investment.
With these three things in place, the pattern will be opened up, allowing the company to make further progress. Earning foreign exchange is also something the government is happy to see, and to some extent it can be regarded as making a certain contribution.
As for the security of funds, the current relationship with Lao Mi is still pretty good. There has not been any large-scale friction like in the previous life. During the overall bear market of A-shares, it will not be a problem to cut some money from Lao Mi and then run away.
