Chapter 419: It’s time to test the quality
"What did Xiao Wang say to you?" Zhang Yiru couldn't help asking when she saw Gu Junhao chatting with Wang Ruoyu in the yard for a long time before coming back.
It's very strange that both of them are younger than Xu Jianqing, Wang Ruoyu and others, but calling them Xiao Xu and Xiao Wang is very easy to say.
"Hey, this kid thinks that he failed to double the fund and caused losses to the company." Gu Junhao held back his laughter.
"Are all the people in your company so crazy now? The market conditions are not good this year. If we fail to double the money, we will be considered a failure?" Zhang Yiru said with eyes wide open.
"Hehe, if Junshi No. 2 doubles, there will indeed be this opportunity. Otherwise, how can I become the number one in private equity." Seeing that his wife was so surprised, Gu Junhao said with a little pride.
"Don't get too carried away. Investing is a long-term thing."
"I know. I told you about him. By the way, do you want to come with me to the company to play when I go to work?"
"Why are you saying this suddenly?"
"At lunch, I saw you chatting happily with Xiao Liu and Xiao Li. I thought you must be lonely at home. Why don't you come with me to the company to have some fun? It would be nice to have someone to talk to."
"Won't it affect your work?" Gu Junhao's suggestion made Zhang Yiru somewhat tempted.
Staying at home with my mom talking to me isn't too boring, but without people of my age around me, I always feel like something is missing.
However, if she were asked to go back to work, she wouldn't be motivated anymore.
"It's okay, but if I go into the trading room, I won't have that much time to accompany you. You can just find someone to chat with in the company."
"Okay then, I'll go with you after New Year's Day. If it affects your work, I won't go." Zhang Yiru nodded.
It has been more than four months, and the most dangerous time for pregnant women has passed. It is indeed possible to go out for a walk. Previously, Gu Junhao simply asked Zhang Yiru not to go to work based on his understanding in his previous life, without taking her psychology into consideration.
While her mother-in-law and the nanny take care of the trivial matters in life, Gu Junhao is more concerned about the mental health of pregnant women.
…
On the first working day of 2017, the boss of Junshi Capital came to the company with his pregnant wife, which surprised the employees. There had been rumors in the company that the boss's wife was pregnant.
Now I see that it is true. No wonder the boss has not been so active at work recently and only shows up at the company once a week or so.
After Gu Junhao brought Zhang Yiru to his office, he simply dealt with some backlog documents and rushed to trading room No. 1.
In December 2016, the Shanghai and Shenzhen stock markets fell for a whole month. Except for a few sectors such as liquor, there was no significant increase throughout the month.
Although the stock market has been up and down in the Year of the Monkey, there has never been such an extreme market situation. There are always a few days every month when the leeks can get some money back and have a meal of meat.
Most stock investors are busy all year round, but in this month, they basically lose all their money.
This feeling is difficult for ordinary investors to accept, especially since the Spring Festival comes earlier this year, with January 27 being New Year's Eve.
There are only 18 formal trading days in January. Considering the sequence of Spring Festival holidays, the trading volume in the next few trading days will definitely be very low.
In other words, the number of days that can be considered as regular trading days this month does not exceed 15 at most.
Currently, Junshi Price Investment's positions are still maintained in the range of 65% to 70%. After the Shanghai Composite Index bottomed out near 3,000 points, the daily trading volume once again shrank to around 150 billion.
This made Gu Junhao feel that this was a good opportunity to buy at the bottom. After a month of decline and with the Spring Festival holiday approaching, some investors should be almost desperate.
When most people feel desperate, it is the time to buy at the bottom. On the contrary, when the market is unanimously optimistic, you should pay special attention.
In Gu Junhao's impression, the A-share market in 2017 was relatively stable, and most global stock markets were also on an upward trend.
Although A-shares did not see the largest increase, overall, they performed well in 2017. The index should have risen to around 3,500 points at most?
It was precisely because of the good growth in 2017 that the stock market crash in 2018 occurred.
Compared with the stock market crash in 2015, 2018 is naturally more desperate.
We need to work at full capacity this year to earn more money and to increase some capital for bargain hunting in 2018. It is very necessary to fill up our positions since January.
In addition to the liquor sector this year, Junshi Capital's investment direction will be more inclined towards Hong Kong stocks.
Affected by the global stock market downturn at the end of December 2016, Hong Kong stocks also experienced a significant decline in December.
The Hang Seng Index has retreated for three consecutive months, with a drop of 3.46% in December. The index and most of the individual stocks have returned to the level when Gu Junhao bottomed out in August.
The rebound strength of the Hang Seng Index is naturally greater than that of A-shares. In terms of positions, it is more inclined towards Hong Kong stocks and is more flexible.
After the correction, Mahua Holdings has fallen to around HK$190 when Xu Jianqing originally established a position, and Shunyu Optics has also fallen to almost the same price as when he established a position.
However, after five months of operations and the T+0 system of Hong Kong stocks, although the costs of these two positions in Junshi's proprietary trading remain at the original level, the market value of the holdings has far exceeded the market value of the positions established at that time.
On January 3, the first trading day of the new year, the Chinese people focused on a good start, and the Hong Kong stocks, including those in Hong Kong, were unable to achieve a good upward trend today.
The Shanghai Composite Index rose 1.04% to close at 3135.92 points, and trading volume increased slightly to 160 billion yuan.
The Hang Seng Index closed higher for the fifth consecutive trading day, rising by more than 1.5% in five trading days. The rebound trend has been formed. The time to buy the bottom has also arrived.
Starting from today, Junshi Price Investment and proprietary trading have begun to fully invest in the operations in 2017. Junshi No. 2 is currently still in the suspension stage.
During today's trading process, since it was Zhang Yiru's first day in the company, Gu Junhao did not stay in the trading room for long, considering that she might not be suitable.
I had a brief meeting with Liu Tingting and the trading team, and then left the trading room after seeing that the market was rising well.
The rules of public funds are definitely stricter than those of private funds. After coming out, no matter what happened today, Gu Junhao will not be able to go in again.
Since the holiday, when Junshi No. 2 issued a suspension announcement, it has caused huge heated discussions in the fund circle. Most funds believe that Gu Junhao is just playing nonsense. He clearly had the opportunity to get a higher share of the profits, but he chose to ex-rights at this time.
However, some fund managers saw through Gu Junhao's ambition. There would be no upper limit on subscription after the ex-rights period. This alone would inevitably cause market turmoil.
With Gu Junhao's current money-making peers, some of his peers even joked: "The wolf is coming!"
As a major investor, I have been looking forward to the reopening of Junshi No. 2 for a year. I thought there would still be a lot of scramble to get it, but I didn’t expect Gu Junhao to give everyone such a big surprise!
And for the remaining customer groups of Junshi No. 2, it is an unexpected surprise.
For these old customers, if redemption is allowed at 93.93% return, they will receive 20% less profit sharing, which is a considerable amount and is very tempting to everyone.
On the other hand, these people are afraid that after they really redeem the shares, Gu Junhao will completely kick them out of Junshi No. 2, which would be a loss.
But no one expected that Gu Junhao would make such a decision! This was something no one expected.
As soon as the announcement was made, Junshi’s No. 2 customer group was filled with flattering voices such as “Mr. Gu is generous!” and “Mr. Gu is magnanimous!”
Who says rich people don't flatter? They flatter better than anyone else.
At this time, no one thought that Wang Ruoyu had so much power that he dared to make such a decision.
Professional financial media quoted the full text of Junshi No. 2's announcement, and specifically noted the clause that there is no upper limit on the subscription for Junshi No. 2 this time.
The title is eye-catching: "It's time to test the quality of Junshi Capital!"
