In less than 3 months, the stock price was cut, Gülen bottomed out and added a CXO leader, but Hillhouse fled from a high position in advance

February 10 news, A shares in the morning, CXO leader Gloria Ying continued to fall sharply. It fell more than 8% intraday to 275.86 yuan / share, with a total market value of more than 73 billion yuan. "Finance and Economics" Weekly found that Kai lai Ying stock price once created a record high of 532.49 yuan / share on November 30, 2021, but so far only more than 2 months, the stock price is close to the waist, the market value evaporated about 70 billion yuan.

Since entering 2022, the CXO plate has been killed. Gloria Ying's share price fell by more than 35%, WuXi AppTec's stock price fell by more than 26%, and Tigermed and Zhaoyan New Drugs all fell by more than 20%. Gülen, the fund manager who holds the above stocks, has encountered unprecedented challenges, and the escrow fund alone has a drawdown of more than 17% in 2022. As a newly promoted 100 billion fund manager, Gülen's position as the "goddess of medicine" has suffered unprecedented pressure.

From the perspective of the decline of funds in 2022, E Fangda Global Medical Industry (QDII) led the decline of nearly 10,000 funds with a decline of 23.76%, and almost all of the top 100 declines were occupied by medical industry funds.

Back to Gloria Ying's individual stocks, in addition to Gülen, who increased his position and bottomed out, Hillhouse Capital's early escape is not bad. After participating in the additional issuance of Gloria Ying on October 13, 2020, less than half a year after the lifting period, Zhang Lei opened the mode of "selling, selling and selling".

The 2020 annual report disclosed that at the end of 2020, Hillhouse held 4.4053 million shares of Gloria, accounting for 1.82% of the total share capital, becoming the sixth largest shareholder of Gloria. The ban was lifted on April 13, 2021, and the second quarter reduced its holdings by 2.2026 million shares, and at the end of the third quarter, it had withdrawn from the top ten shareholders. In the second and third quarters, Kai lai Ying's stock price fluctuated around 400 yuan, although it missed a new high of 530 yuan / share, but from the current point of view, it can also be called a high escape. (Article | "Finance and Economics" Weekly, You Weiwei)