What Is The Difference Between The Fund'S Crazy Killing And Suicide?
Who is going crazy in the near future?
The relevant data may surprise investors. The main force is the fund. In the April 18th Shanghai Securities Journal, Wang Limin, the world based investment, wrote that the fund side was obviously short, taking the black Monday on Monday as an example. According to the analysis of relevant data, it was mainly caused by a large number of blue chip stocks thrown out by the fund. The fund threw 4 billion 500 million yuan of stock on that day, and the largest one threw 1 billion 500 million yuan. And insurance is the insurance fund and QFII. On that day, there were 16 stocks sold by the fund, of which 5 were sold over 100 million yuan, while only 10 were purchased by insurance agencies, most of which were only tens of millions of yuan. So the stock market and these stocks can only end up with a sharp fall. He analyzed: "many funds may be very pessimistic about the market outlook. In order to win the initiative, they want to make a large amount of capital first, hoping that when the market falls even worse, there will be plenty of funds to collect the bottom." Another report pointed out that some funds were crazy over 5000 points, but they were crazy at 3500, but after April, they went crazy for short-term speculation. The fund has endless consequences. First, it seriously damages the interests of the fundamental people. Some people do not understand stocks, instead of buying funds, so that professional investors can help them operate. However, because some funds and brokerages have "you have me, I have you", they get their profits in their own pockets ahead of time by frantically short speculation and earning fees, which seriously hurts the interests of the people. In addition, the fund generally charges fund management fees, custodian fees, paction fees, audit fees, lawyer fees, annual listing fees, information disclosure fees, dividends fees and so on, which is very unfair to the basic people. As for the rat farm and so on, let alone the money from the fund as cannon fodder. Data show that in 2007, 7 funds had a turnover rate of more than 1000%, and a fund with the highest turnover rate even reached an astonishing 1572%. Excuse me, which countries in the world fund so frequently short speculation and not restricted? At the present stage, the fund's frenzy of killing people is more damaging to the interests of the people. It means sending cheap chips to QFII and other institutions. Once they collect enough chips, the stock market will get out of the rising market, where will the fund have the opportunity to build positions? Once lost, how can the loss of the base people be recovered? How should we talk to the people? It is not only unnecessary but also very dangerous for the fund to go crazy in this position. Two, increase market risk. In the capital market of developed countries, funds and other institutional investors are the cornerstones of market stability. In February this year, a vice chairman of the securities and Futures Commission pointed out: "institutional investors play a decisive role in improving the structure of investment entities, stabilizing the market, activating pactions, promoting corporate governance and even promoting competition and efficiency in the financial system." At present, the share of institutional investors in China has accounted for nearly 50% of A shares' market capitalization. But they have not only failed to become the cornerstone of a stable market, but their foolish practice of catching up and killing has exacerbated market volatility. Some funds even converted from a large number of stocks to a large number of shares sold after a single trading day. This way of operation completely deviated from the concept of value investment and became a complete speculator. In that case, what is the value of the fund? Now, when regulators mention the risk education, they think of retail investors. At this stage, the money of retail investors is their own hard-earned money. Are they willing to cut meat? However, the investors of these funds, they do not have such concerns. If the loopholes of the system are not blocked, some irresponsible fund managers may take the opportunity to wipe out the hard-earned money of the common people. There are pitfalls in our market, and investors are exploited by strong leaders like lambs. In February 27th, in my article "traps in financial products and funds", we analyzed some shady aspects of financial products, but the current data may be more shocking. Some financial products are obviously fraudulent. Investors can only take risks and not share profits. Professionals have simulated calculations on a financial product known as the highest yield of 18%. The result shows that the probability that investors benefit from this financial product is only 4/1000, and product designers can obtain stability and benefit even without hedging risk. This is obviously unfair to investors. Because no matter what investment is made, the probability of benefit will not be only 4/1000. In extreme terms, gambling is not so low. Financial products like this are simply robbery. Some banks call the expected rate of return as yield and so on, openly inducing investors to be deceived. China's "Interim Measures for the management of personal financial services in commercial banks" thirty-ninth stipulates: "commercial banks must not sell financial plans that cannot be independently measured or yield zero or negative." However, is the actual yield zero, even the loss of principal financial products are still less? Why no one has been punished so far? At present, there is little way for the common people to avoid shrinking wealth. Statistics released by the National Bureau of statistics just released in March showed that the total consumer price level in March rose by 8.3% over the same period last year. At present, the one-year fixed deposit rate is only 4.14%. After deducting the interest tax, the real interest rate is 3.933%. That is to say, the real deposit rate is not only negative but also negative, and the wealth of the people is shrinking rapidly. The situation is rare in the world. As for current savings, not to mention, the interest rate for demand deposits since 2002 is only 0.72%. Last year, I suggested to the departments concerned that we should restore the value preservation savings. But the parties concerned believe that the value preservation savings will only take place when the inflation is serious, and I think it has entered a severe inflation stage since the second half of last year (see I wrote in July 27, 2007 that Yan Zhongtong goods inflation is fast. Script src=>
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