Explosive Fund To Reproduce The Boom In The End Of The Year And Stir Up A Shares

At the end of the year, there were frequent hot spots.

Recently, gf's gf technology innovation hybrid securities investment fund has ended. The maximum size of the fund raised is 1 billion yuan, and in the end, the rationing is based on the principle of apocalyptic proportion confirmation, and the placing ratio is as low as 3.3%.

The purchase of 10 thousand yuan, the final confirmation of the share is still less than 330 yuan. The placing ratio has once again refreshed the market record.

In addition, Xingxing's social value of Xingquan fund, the first day of sale in December 23rd, has exceeded the total ceiling of 3 billion yuan, and the final placing ratio is 29.16%.

The explosion of funds frequently overlapped with the end of "scale war" and the market enthusiasm also rose again.

"One is only the fund of science and technology, and the income of the science and technology foundation is good this year. Technology has always been a hot concept. Moreover, the performance of the two fund managers is good, so they have a strong gold absorption effect." In December 24th, a public fund official in Southern China told the business reporter in twenty-first Century.

At the end of the year

Records are always used for refreshing. Before billions of scale cost method of debt is out, the active equity market is also facing new products.

Statistics show that GF technology innovation hybrid fund was originally issued from December 20th to December 25th. On the day of December 20th, the cumulative amount of the effective subscription of the Fund (excluding interest during the raise period) has exceeded the upper limit of 1 billion yuan raised in the notice of sale.

According to the 3.3% placing ratio, the subscription scale of the fund was over 30 billion yuan on the first day.

Gf's innovative fund manager is Liu Gesong. Wind data show that this year, Liu Gesong managed GF double upgrade, GFA innovation and upgrading, GFA diversified emerging 3 active equity funds, the yield up to December 24th this year has taken the top three positions in the market, which are 118.07%, 105.91% and 102.71% respectively.

The social value of Xingquan is a floating rate fund product. In November 28th, the first batch of approved floating rate fund was launched.

At that time, Cathay Pacific research selected two years of mixed holding period, the three year holding period of China EU sailing, Huaan Hui Chi selected two years holding period mixed, Huatai Barry economic returns one year holding period mixed, rich country Alfa two years holding period mixed 5 funds began to sell.

The same batch of approved social value was publicly available in December 23rd. The fund's appointed fund manager is also Xie Zhiyu, the star fund manager of Xingquan fund.

In December 24th, the Xingquan Fund announced that the mixed value securities investment fund of the three year holding period of Xingquan social value was publicly available from December 23, 2019. The scale of the first day subscription has exceeded that of the fund fund. The total ceiling of the total amount raised by the announcement is 3 billion yuan.

According to the placing ratio of 29.16%, the scale of subscription on the first day of sale is over 10 billion yuan.

"Floating rate fund products are not new products. In 2013, there were floating rate fund issuing, but some of the subsequent problems were postponed by regulators. This regulatory layer has re opened the pilot project, and it also needs market verification." A large public fund market in Beijing said.

"This year, the performance of public funds is good, and market feedback is also positive. We are also promoting some active equity products and ETF. The aforementioned public funds told the economic news reporters twenty-first Century.

Funds for spring Market

From the perspective of the issuance of the new fund, the enthusiasm for fund layout is still rising.

Wind data show that since December, a total of 176 funds have been subscribed as of December 24th (share Statistics), and the number has increased in September, October and November.

The buyer's view of the market is also more stable.

"Although global economic growth is still slowing down, the domestic economy is expected to usher in a resumption of corporate earnings growth after the initial slowdown. At the same time, the dividend policy represented by capital market reform deserves more expectation. In 2020, the A share market is likely to enter a stage of volatility convergence. In the next 1 years, there will be a relatively reasonable return on the index level of the A share market. Li Quansheng, general manager and general manager of stock investment department, said.

In its view, the market opportunities in 2020 mainly include structural adjustment opportunities in the core areas such as consumption and medical care, the growth opportunities in the middle reaches of the expected earnings recovery, and the medium and long term steady and steady earnings opportunities of high dividends, undervalued stocks and low volatility industries.

In addition to consumption, many institutions still prefer the technology sector.

"The driving force of the current technology stocks is mainly around the fundamentals, and the companies with higher gains generally have a higher level of performance than the theme hype. The charm of technology stocks lies in how to accelerate growth faster and faster in a rapidly changing environment. From a static perspective, the valuation level of the current technology sector does not seem to be low, but considering the high growth opportunities of quality targets and the possible new industrial opportunities and new dragon heads in the future, there is still much room for technology sector. " Haitong small and medium fund managers Fan Tingfang think.

Liu Gesong pointed out that from now until January next year is a good stage for the layout of the spring market. From the research point of view, the prosperity of the technology sector is high, and the trend of profit growth is more clear. Although this year's technology leading companies have gained a lot of growth, the spring market will still revolve around these companies.