In 2000, when Xu Xiang was in the business department of Jiefang South Road in Ningbo, Galaxy Securities, the scale of funds was only several hundred thousand yuan, but in the following three or four years, the amount of funds reached tens of millions of yuan. At that time, Xu Xiang, who was just in his early twenties, had many supporters and became the chief helmsman of the "daily death squad".
Since then, Xu Xiang has changed from hot money to sunshine private placement, and has always maintained an extremely high-profile and radical investment strategy, with an ultra-short-term style of big entry and big exit, sometimes only a few days between sales.
Among the 4,965,438+0 private equity funds with continuous performance records from 2065,438+065,438+0 to 2065,438+04, the products invested by Zexi led by Xu Xiang swept the top three.
It is said that Xu Xiang entered the market with 35,000 yuan, and achieved 20 billion yuan in just a few years. His core technology is capital flow and ecstasy.
In 20 17, Xu Xiang was sentenced to five years and six months' imprisonment and fined 1 10 billion yuan for the crime of manipulating the securities market.
Even though he has been away from A shares for several years, Xu Xiang is still a hot topic in the asset management industry.
After regaining his freedom, there is a lot of discussion in the industry about whether he can make a comeback in the investment circle. Although the registration of private fund managers of Zexi Investment was revoked, the qualifications of Xu Xiang and Zheng obtained through identification were also revoked, and Xu Xiang was blacklisted and publicly condemned.
However, Xu Xiang has not been subjected to the administrative penalty of "no market entry". This also makes people wonder whether Xu Xiang's investment career can continue.
Personally, I think people like Xu Xiang should come to the currency circle, because his operation method, if they are like a duck to water in the currency circle, it is no problem for people like Musk to manipulate the market by shouting orders.
The currency circle sickle is more blatant than his technique. The currency circle rises and falls so quickly, which is very convenient for their capital operation, and the project side is also very willing to cooperate with capital.
When Xu Xiang was released from prison, Caixin Weekly reported his deeds. A team of lawyers set up a stock group and invited him to join, saying that they would help him solve all legal problems in the future. Even Yang Ma lowered the accuracy on the same day, haha! His face is really big. I don't know if I will continue to write legends in the future. We will wait and see.
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