Today,the two cities reappeared in the double days of ice and fire, the main board continued to stabilize, the ChiNext board fell again, the turnover was basically flat compared with yesterday, and the net purchase amount of funds in the north was 4.52 billion.
According to the CITIC First-level Industry Growth List, consumer services, agriculture, forestry, animal husbandry and fishery, coal, media, real estate, and construction rose in the front. Undervalued value votes continue to gain attention.
Today's new energy fell sharply, new energy vehicles and photovoltaics were again sold heavy hammer, the leader Ning Wang fell sharply again, this tiger year only four trading days, Ning Wang has fallen 13% ... Moreover, Ning Wang was included in the CSI 300 in December last year, and it is still the second largest weight (the first weight is Moutai)
I asked a circle of researcher friends, the fundamentals of new energy have not changed, if the market divergence of new energy vehicles is that the sales volume of this year may be lower than expected, but photovoltaic, this year's performance is likely to exceed expectations, especially in the first quarter.
More, I personally think, is still an emotional killing, after all, there are too many funds for A shares to chase up and kill.
The big fall likes to find the reason, the current more reasonable statement, is rumored to be because of the assessment mechanism of the fund company, the absolute return account began to reduce the position, especially the fixed income + product equity position, after the holiday to reduce the position, began to chop the boom track.
I can't confirm the correctness of this rumor, but I think this statement is more reasonable.
The market fell sharply, all kinds of emotions came out, including rumors, and today there are rumors, which is really exaggerated. It is said that today's new energy fell sharply, and the agency redeemed a head fund manager with 40 billion funds, mainly new energy.
When I saw this rumor, I decided it was a rumor. Judging from common sense:
1, the head fund manager management scale is about 110 billion, according to the four quarterly report, she managed a total of only 20 billion non-pharmaceutical funds, even if all bought into new energy, where is the 40 billion yo.
And the fund manager manages only 1.1 billion.
2. Most of the holders of the head fund manager are small and medium-sized investors, especially Internet users. I checked the proportion of institutional users, which is extremely low. In the case of a pharmaceutical theme fund, which is the largest she manages, the latest disclosure is nearly 77.4 billion, and the proportion of institutional holders is only 1.18%.
Come, primary school students math problems to calculate, 77.4 billion more than 1 point, how much? 9 billion in the early years, where is the institution to redeem 40 billion?
I'm not writing this to help speak for the head fund manager, who I know has a lot of stories, but it's not convenient to say it publicly. If you want to wear a crown, you must bear its weight!
I just want to tell you that many people see and hear the news, or first use common sense to judge, a lot of information is public, their own hands to check it, you know whether the judgment is a rumor.
From another point of view, this also shows that institutional investors who buy funds will also chase up and kill the fall, and will also actively adjust their positions, and there will be no ambiguity when it is time to chop. Because behind the institution, there are also people. If it is a person, it has a human weakness.
For example, my own public fund portfolio has also been miserable this year, and it has been hammered. But I found that my holder was still very qualified and did not appear to scold me in a large area.
Of course, there are more difficult to hear, I can also understand, the taste of losing money is not good, my private money is also in it, I and everyone lose together...
Fortunately, at the beginning of this year, I gave everyone an early preventive injection! In the article on the first trading day of the beginning of this year, I have a very clear view:
Then on the second trading day there is a paragraph:
Admit it early, predict that I will wilt this year, I am honest with everyone, and I almost show my breasts.
Today, fat paper old reveals a clear view, still simple and straightforward, not ambiguous:
Even the rebound is structural differentiation, which is really a double day of ice and fire!