Long time no see, first give everyone a farewell to the old age! The round of sharp decline before the festival to the present has indeed made many people's flesh hurt, and the difference between different plates is quite large. If there was more blood loss in heavy medicine and new energy before, if it was to hold infrastructure and Hong Kong stocks, it may have returned a lot of blood.
The growth stocks have risen in the past 3 years is really amazing, but if it is always the turn of the value stocks this year, I think it is not so simple. Last year, coal, steel and other value stocks have already performed a round, but it is not a simple valuation repair to bring about an increase, but carbon neutrality + supply and demand imbalance has led to a substantial increase in performance. In contrast, the increase brought about by the valuation repair of real estate companies is not so dazzling.
Therefore, in the final analysis, it is still up to performance. Compared with some growth stocks that have overdrawn their future performance, many value stocks that are expected to usher in a turnaround may be more cost-effective. Traditional power stations that transform new energy, insurance with improved assets and liabilities, and banks that develop wealth management are likely to usher in their own spring.
The header line of the fund table is annotated as follows:
Income type: relative return - income target exceeds the same period of CSI 300; absolute return - the pursuit of falling into the bag, control the drawdown
Grid fixed investment: OTC fixed investment - over-the-counter funds are abundant and simple to operate; on-site grid - the condition sheet provided by brokers can be automated trading without watching
The header row of the Convertible Bonds Table is annotated as follows:
Grid band: band - active high throw low suction; grid - passive high throw low suction; 129 - sell after 129 yuan
Double low: double low = transfer price + premium rate * 100
Some of the positions held at 10 February 2022 are as follows
Policy Description:
For convertible bonds with a decent texture, the strategy of selling after the price reaches 129 is adopted. When buying, the double low is controlled below 135, the premium rate is controlled below 10%, and the high-quality target can be appropriately relaxed.
For bonds with excellent quality, take long-term holding and active or passive high selling and low absorption to enhance income. When buying, the price is controlled below 200, the premium rate is controlled below 5%, and the high-quality target can be appropriately relaxed.
Focus on bond transfer:
Wait for the premium to shrink