WeChat public account: hard core finance (yinghecaijing)
Text/Uncle Nuclear
2500 points broke, just the Shanghai Composite Index fell below 2500 points, closing at 2486 points. This is the first time since 2014 that it has fallen below 2500 points.
Be sure to live...
While pessimism is spreading among investors, there is no shortage of optimists.
At this time, the empty melon eating crowd was secretly laughing in the nest.
Retail investors lose money, and private placements also lose
According to the statistics of the private placement network data center, in the first 8 months of this year, 6222 equity strategy private equity fund products, as many as 5098 products lost money, accounting for 81.94%. There are 76 products with losses of more than 50%, and 3094 products with losses of more than 10%. The maximum drawdown is as high as -89.91%.
Huaxia Fund Company's Huaxia leading stock, this actively managed stock fund, has been established for more than three years, but today instead of creating income for investors, the cumulative loss has reached 54.7%, but in the past three years, its management fees for investors have exceeded 150 million yuan.
This is still the data as of August, the stock market has fallen sharply recently, and the proportion of loss-making private placements will be higher.
The most leeky individual investors will blow up, professional funds will also blow up, and even the bosses and employees of listed companies who claim to be the most familiar with the actual situation of the company will also blow up.
According to statistics, as of October 10, the number of pledged shares in the A-share market was 636.186 billion shares, the number of pledged shares in the market accounted for 9.93% of the total share capital, and the pledged market value reached 4.91 trillion yuan, of which 68% of the pledgees were securities companies; from the perspective of the pledge of major shareholders, the major shareholders were suspected of touching the market value of 2,989.873 billion yuan, which was more than twice the total market value of the major shareholders' open positions of 1,065.252 billion yuan.
There are 803 ESOP plans established in the past three years, of which 545 are in a state of loss, and 201 are in a loss of more than 50%.
△ Employee stock ownership plan losses
At this critical moment in the market, local governments can no longer sit still.
First, Shenzhen set up a special group to arrange tens of billions of special funds, starting from the two aspects of debt and equity, in a market-oriented and professional way, to reduce the risk of stock pledge of Shenzhen A-share listed companies. As the broader market fell below 2500 points, more and more local governments began to bail out the market.
It is understood that the relevant government departments of Guangzhou Municipality have obtained a list of relevant private listed companies with liquidity risks due to high pledge rates from the local regulatory departments on the 15th. In terms of funds, Guangzhou has set up a number of funds that only involve the reform of state-owned enterprises, and the scale is huge.
In Beijing, the leaders of the Beijing Securities Regulatory Bureau recently visited the Haidian District Government and introduced in detail the liquidity risks faced by listed companies in Haidian District at this stage and the risk of pledge and explosion of major shareholders.
It is understood that Haidian District state-owned assets and Dongxing Securities have initiated the establishment of a fund to support the development of high-quality science and technology enterprises in early September this year, the scale of the fund is 10 billion yuan, the first phase of 2 billion yuan has completed the fundraising, through the transfer of no more than 10% of the total share capital of the listed company, to help private technology listed companies to resolve the risk of stock pledge, etc.
In addition, Hangzhou has also prepared a plan to support listed companies in its jurisdiction, operating through the establishment of a similar special fund. Then, to the domestic private listed companies in the jurisdiction, there are two ways of relief: low-interest or even interest-free loans to listed companies; state-owned capital directly holds shares.
Falling below 2500, the meal still has to be eaten, and it is still full. Tonight I will eat abalone, fish lips, dried scallops, fish crisp, clam toad, sea cucumber, pig brain, bear paw, shark fin, hump, deer tail, deer antler velvet, anchovy tail, rhino nose, civet, leopard fetus, lion milk, monkey brain, xianglong double fly, Luohan prawn, sliced skin suckling pig, canary puff pastry.