Resumption of shares to make up,
which funds are dragged down?
Today, the Shanghai Composite Index has set aside an upward trend to hit the 60-day moving average. It opened lower in the afternoon, and the distance was only 10 points away from the 60-day moving average. However, the reason for the decline is more unexpected.
Because many investors in the market are paying attention to the US mid-term elections, from the prior analysis, it seems that many investors believe that if the Democratic Party can regain any of the seats in both houses, it will benefit the trade relationship between China and the United States.
Improvement, after all, the Republican Party is headed by the president and is relatively tough on foreign trade. In the afternoon, there was news that the Republican Party had lost the majority status of the House of Representatives. I did not expect the stock market to fall. Is it good to cash in?
A recent positive is that in order to strengthen the liquidity of the market, some long-term suspension of stocks have recently resumed trading. The resumption of these stocks has given investors some convenience in terms of liquidity. However, some stocks have suffered from a continuous down limit, which has caused serious injuries to investors. Many of them, including the state. The team also ate the board continuously. Some funds have also suffered a lot from the heavy stocks.
From today's disk, Wanda Movies, ST Changsheng, Kang Dexin, Century Huatong, Hongtu Gaoke, Xinguang Yuancheng and other long-term suspension companies have resumed trading. Although the Shanghai Composite Index has stabilized at 2,500 points during the resumption of trading, The poor restructuring plan and the company's lack of any new positive progress made these stocks continually hit the daily limit.
As of today's close, Shin Kong Yuancheng has been down for five consecutive days. Today there are nearly 1.85 million hand-selling singles and downs. Since the current turnover rate is only 0.04%, and the valuation is still 96 times, there are at least two more visual inspections. It is only possible for the daily limit to open, so that its share price will be swayed before the resumption of trading.
Data from Oriental Wealth shows that SDIC UBS's CSI Venture Index Fund holds 207,900 shares, a relatively high percentage of net worth, reaching 5.2%. In addition, Tianhong's quantitative drive holds 38,400 shares, accounting for 1.85% of the net value.
Hongtu Gaoke and Dongfang Jinyu have fallen for four consecutive times. In addition to the national team's Yifang Daruihui, it is estimated that the funds that accounted for more than 1% of the net worth are the Shuncheng CSI TMT industry. The theme index fund and Changsheng Shengkang are flexible. Since Hongtu Gaoke has fallen below its net asset value, and there are already signs of heavy volume, it is estimated that the daily limit will open tomorrow. In the Eastern Golden Jubilee, there is no active management fund, but the strange thing is that there are funds from the two national teams of Huijin and Zhengjin, which are the second and sixth largest tradable shareholders. This stock also has a large possibility of continuing to fall.
*ST Changsheng, Wanda Movies, and the first flight energy-savings all fell for three consecutive days. Kangdexin fell for two consecutive days. Today's resumption of Century Huatong also opened with a down limit, and then opened, at the close, down 7.41%.
*The most funds are traPPed in ST. As a blue chip stock, the stock successfully attracted 75 funds to settle in. In addition to the allocation of a number of pharmaceutical index funds, there are 32 active funds holding the stock. What is more interesting is that most of these active funds are quantitative funds. It can be seen that the quantitative strategy is easy to be excellent financially. The data is attracted, and it is difficult to identify the product fraud. The company has once made two private placements, which was once the scent of the organization. After the vaccine incident, some insiders revealed that it is no wonder that an institution was originally keen to sign up, but at the last moment, it did not participate. It is estimated that they know more about it and know what it is.
The previous August 31 was the last trading day before ST Changsheng's resumption of trading. From July 16 to August 29, ST Changsheng set a consecutive "one" down limit for A shares, up to 32! The market value has dropped from 24 billion yuan to 3.2 billion yuan before the suspension, and today's latest market value is only 1.13 billion yuan, and the total market value is only 2.73 billion yuan. According to its financial report data, the average person is 16,000 shares, and the per capita loss is 348,000 yuan!
The 75 funds held a total of 24.83 million shares, the current loss of 21.75 yuan per share, which means that the loss of the base people exceeded 518 million yuan! The average loss per fund reached 6.91 million yuan. The largest number of shares held by Guangfa Jufeng and Guangfa Xinyi were 4.512 million shares and 3.5 million shares respectively. The above two funds lost 98.13 million yuan and 76.125 million yuan respectively!
In addition, there are 46 funds in Wanda movies, but the number of shares is not large, only 16.2 million shares, accounting for 0.92% of the total share capital. The first flight energy saving has only three environmentally-friendly index funds, and no other funds have entered. It is a blessing.
It can be seen how important it is to build an honest securities market! Companies that are fraudulently listed, if you have more high-level talents in your fund company, I am afraid it is difficult to identify whether each batch of vaccine production meets the requirements. If regulators can't do their job, they will not only be retail investors, but also national teams and professional investment institutions!