It conveys that the fund market may be too hot in the near future and the hype atmosphere is relatively strong. Recently, Public Offering of Fund, owned by Zhang Kun, a star fund manager, began to reduce the quota from 654.38+10,000 yuan to 5,000 yuan now. In addition, many funds in the market also have quotas. Correspondingly, Public Offering of Fund liquor stocks with heavy positions have fluctuated greatly recently. There were signs of loosening at first, then it began to rise, and the fluctuation frequency was large in the short term. In recent years, the liquor sector has always been one of the areas where the fund has heavy positions, especially high-end liquor brands, which can almost appear in most of the fund's heavy positions. Moreover, last year, a liquor warehouse fund, CSI Liquor, earned more than 100%, ranking first in the year, showing the fierceness of liquor in the A-share market.

At the same time, it should be pointed out that according to the latest fund data, Zhang Kun, a star fund manager, has become the largest fund manager in the history of domestic fund industry, with the total fund offering scale of 654.38+025.5 billion yuan, becoming the first active stock fund manager with a scale of 100 billion yuan. In fact, Zhang Kun E Fund's blue-chip selective hybrid fund has lowered its limit once before, but this time it seems that it saw the fluctuation of the market before, so Zhang Kun had to lower its limit again. I believe this is also to better control the size of the fund and ensure its rate of return. After the E Fund announced the reduction of the quota, many funds in the market, especially star funds, have been lowered, which seems to be a response to the changing market in the future.

According to the public data of funds held by Zhang Kun, its top ten positions basically include Kweichow Moutai, Yanghe, Wuliangye and LU ZHOU LAO JIAO CO.,LTD. Although different funds have different positions, these four liquor stocks are basically in Zhang Kun's funds, and there is no change. It is conceivable that Zhang Kun loves the liquor industry, and many people call Zhang Kun E Fund Company the third largest winery in the world. However, during this time, the group of liquor plate seems to have loosened, and there was a big drop earlier. Although it stretched rapidly the next day, the stock price fluctuated greatly.

In fact, the stock market has been fluctuating abnormally these days, and it seems that it is not as stable as it rose last year. Investors also said that this year's market will be a structural market. Some high-quality white horse stocks still have investment potential, but the stock market will not rise on a large scale. Future stock selection will be a key point. Many investors also said that they can look at the fund's heavyweights for reference. Awkwardness stocks generally have capital groups, so they are relatively stable.