We can see that the fund is relatively United, but there are exceptions.
As we all know, there are many unwritten rules in the fund industry, which are dubbed as the "help rules" of the fund industry, such as "greeting" and agreement. Recently, however, there have been rumors that Huaxia Fund, a large fund headquartered in Beijing, violated the "Helping Rules", which led to huge losses for some funds. Subsequently, the fund was collectively "hunted down" by other funds and suffered heavy losses.
According to the news from a brokerage firm, several funds jointly attacked Huaxia Fund, a large-scale fund headquartered in Beijing, recently, because the fund sold steel stocks on a large scale without "helping rules" and "greeting", which made some funds holding steel stocks in heavy positions suffer heavy losses. After selling steel stocks crazily, the fund bought huge amounts of financial stocks, such as China Merchants Bank and China Ping An, etc. Some seriously injured funds joined hands to "kill" the fund, that is, they joined hands to retaliate and sold financial stocks crazily. It is said that the recent rare daily limit of China Merchants Bank and China Ping An is their "masterpiece". Moreover, the data provided by the Shanghai Stock Exchange also confirmed some rumors.
Crazy throwing out steel stocks and power stocks, seriously injuring other funds.
The data shows that Huaxia Fund began to sell a large number of steel stocks in mid-May this year, and its willingness to sell is very firm and it has been selling continuously. The biggest sellers are WISCO, Baosteel, Jiuquan Hongxing and Angang. Among them, WISCO, Baosteel, Jiugang Hongxing and Angang sold 654.38+85.9 million yuan, 654.38+23.8 million yuan and 654.38+20 million yuan respectively, with a total sales of more than 3.3 billion yuan.
Through the trend of steel plate, we can clearly see that in the process of large-scale selling of Huaxia Fund, many steel stocks have gone through a round of deep adjustment, such as WISCO. In mid-May, against the background of large-scale fund selling, the stock price dropped from around 17.5 yuan to yesterday's lowest price, 8.8 yuan, with the biggest drop of 50%. The same is true in baoshan iron & steel, where the share price dropped from 14 yuan in mid-May to yesterday's lowest price of 8. 10 yuan, a drop of over 40%. During this period, the decline of the market was only 25%, which shows the "power" of the fund.
Obviously, the weakness of the steel sector, Huaxia Fund "contributed", and this sector is precisely the heavy position of many funds. For example, WISCO's current institutional position ratio is still as high as 63.2%, and institutional funds are highly controlled; At present, the proportion of institutional positions in baoshan iron & steel is still as high as 39.8%. These funds with heavy steel stocks suffered extremely heavy losses in this round of decline. Take WISCO as an example, its circulation market value lost 27 billion yuan in this round of adjustment. According to the calculation of 63.2%, the losses of holding institutions will exceed 654.38+0.7 billion yuan, and some losses will be even greater.
According to the "helping rules" in the fund industry, if a fund has a big move, it generally needs to understand the industry, but Huaxia Fund has not followed it, so there are rumors that some "injured" funds have teamed up to plot against it; At this time, Huaxia Fund began to buy financial stocks on a large scale. When the fund opened enough positions, unexpectedly, some financial stocks of Huaxia Fund suffered "strong earthquakes" in turn. It is rumored that this is the result of the joint "revenge" of those funds.
Heavy financial stocks have "Waterloo"
According to the data of Shanghai Stock Exchange, from June 1 1 to June 30 this year, Huaxia Fund bought financial stocks crazily, totaling more than 4 billion yuan, including China Merchants Bank/kloc-0.053 million yuan, China Ping An 907 million yuan, Shanghai Pudong Development Bank 626 million yuan, Industrial and Commercial Bank 603 million yuan and Minsheng Bank 30.
Judging from the opening time of Huaxia Fund, from June 1 1 to June 30, most financial stocks were in the stage of platform consolidation, and the fund completed opening positions at this time. Some insiders believe that the fund may think that financial stocks are already at the bottom and opportunities have emerged, so it will make a big push, but soon financial stocks will continue to plummet: Shanghai Pudong Development Bank plunged 8.50% on Tuesday, China Merchants Bank fell even more rarely, and other banks also experienced different degrees of decline; Yesterday, China Ping 'an, which ranked second in total purchases, fell sharply in the afternoon and was directly hit by the daily limit. The fund has a "resounding" reputation in the industry, but surprisingly, the key sectors that have just completed their positions have collectively suffered from "Waterloo". So it is not unreasonable to say that they have suffered retaliation from some funds.
Strangely, the more Huaxia funds buy, the greater the stock decline, such as China Merchants Bank. The stock limit, many people in the industry can not understand. Although there are some negative news about the acquisition of Wing Lung Bank, it will not fall. If a fund deliberately hits the market, it seems to explain it. Yesterday, China Ping An's daily limit was more telling. Public trading information shows that all the seats sold are institutional seats, including 4 fund seats and 1 QFII seats. Although there are also funds to buy, but from the comparison of buying and selling power, the seller obviously has the upper hand. To borrow a netizen's words, "China's safe limit is inexplicable", it seems that it can only be explained by the intentional run of funds.
Although the current data can't fully prove that this part of the funds that hit financial stocks are for the purpose of "revenge", there is really no better reason for the recent "inexplicable" trend of financial stocks. Some insiders believe that "it is normal for funds to have different practices in some industries due to different operation methods and fund manager strategies, but if the rumors are true, it is no problem not to buy such funds. "
Awkwardness stocks plummeted continuously. There is speculation in the industry that many funds are besieging China.
Yesterday and today, there are two kinds of sayings circulating in the circle. I think in the current market environment, it not only satisfies everyone's curiosity, but also gives a judgment on the future market development, which is meaningful and can stand scrutiny. I really don't feel sick.
One is that "A shares are hovering at a low level to block the impact of hot money". Domestic institutions seem to be singing empty words, feeling that there is too much hot money to digest. The current hot money has affected many national policies on the economy, and the stock market has not risen, which is also related to this. Management is worried that hot money will flee with rising profits, leaving a mess; However, foreign-funded institutions such as Morgan Stanley have repeatedly reported that the hot money flowing into China is not as terrible as expected, and even if it is withdrawn, it will have little impact on China's economy, so it is impossible for the two sides to publish specific data. If I choose one of them, look at Vietnam before, and think of Asia in 1997. I prefer to listen to the views of my own country. The conclusion is that the management will not only rescue the market in the near future, but also pour some cold water from time to time, raise interest rates or issue a large-cap stock when the market rebounds. Now that the management has acquiesced in the shift of the focus of the stock market, the idea now is to go up and sell big and buy small. The country has told you the development prospect and stability of the stock market. It's up to you to listen or not. If so, many stocks have already formed a bottom shape. Why don't they go up? We really found the basis for the empty side to smash the plate.
Another way of saying this is that the fund is encircling China. Since you don't abide by the unspoken rules of the industry's default group warming, everyone will unite to suppress you. In recent weeks, Huaxia is the best in the fund, the main variety is finance, and several major banks and insurance companies have opened positions across the board. However, while building a financial position, he vigorously shorted steel and electricity and made many enemies. Take a look at China Merchants Bank and China Ping An, the main positions opened by Huaxia in the second half of June. They have become the targets of many fund sales, and the theory of encirclement and suppression is naturally rampant. Of course, institutions may have their own opinions. This article is just a joke, just a laughing stock among the weak.