Chapter 422: Shocked industry organizations!

"How is it possible? A sales record of 10 billion in half a day? No matter how fast it is, it can't be this fast!"

Faced with the "Yuhang No. 3" fund sales record report that has swept the entire industry, there are still managers in charge of the fund sales business in the internal group of the asset management agency "Yi Fund", the largest public offering institution in China, who are unwilling to believe what is on the market. reported results.

After all, their team worked hard, receiving business receptions and drinking with them every day, spending countless efforts.

With the help of the golden signboard of 'Yifangda', they have not been able to achieve such a terrifying sales performance. In their view, 'Yuhang Investment Company' has only been around for a year and has only two or three companies under its umbrella. How can a fund product achieve this overnight and raise the fund sales record in the industry to this level?

"It's indeed outrageous, but industry fund newspapers have started to report it, so it shouldn't be false, right?"

“It’s incredible, this sales speed.”

"Hey, who has always said that the market is short of money? Does this look like the market is short of money?"

"This is a private equity fund product. If it were a public equity fund product, I would never dare to think about it. Is it possible that the sales volume would not be so fast and scaled, and it would have to increase many times?"

"Hey, don't mention it. If the business of the fund company 'Yuhang Investment Company' is a public fund management company, with the current influence of Mr. Su of Yuhang Investment, many institutions in our industry will be afraid of new products. It’s not easy to sell it.”

"If the company 'Yuhang Investment' sells public mixed funds, the scale of 10 billion will definitely be unstoppable. I guess... it will have to reach at least 50 billion or 100 billion, right?"

"Indeed, look at the market, how many retail investors are pursuing it!"

"This fund sales record, in a short period of time, it is estimated that other fund companies, except for 'Yuhang Investment Company' itself, will have a hard time breaking this record, right?"

"Hey, it's really difficult to break this record."

"Is this the influence of the top star fund managers in the market? I finally saw it, how awesome it is!"

"The influence of Mr. Su from Yuhang Investment is comparable to the entire fund product sales team of a large fund management company."

"Not only that, the influence of Mr. Su alone is simply inferior to the sales teams of many domestic fund management companies."

"Currently there is no sales team in China that can achieve such sales performance."

"It's really Mr. Su who saved Yuhang Investment Company at least tens of millions of fund sales expenses!"

"Considering the legendary fund performance created by Mr. Su, does Yuhang Investment Company still need a fund sales team? It seems that the just-released 'Yuhang No. 3' fund has not been warmed up for a few days, right?"

"On any given day, it only takes a day or two to warm up."

"This is truly awesome. There is no need for publicity at all. In the market, investors from all walks of life will flock to follow suit."

"You're just kidding. If you buy it, you will make money. Can investors not flock to follow suit? I want to be rich...I will also try my best to grab the sale share of this fund!"

"Indeed, based on the historical performance of the previous two products, 'Yuhang No. 1 Fund' and 'Yuhang No. 2 Fund', the future performance of 'Yuhang No. 3 Fund' is estimated to be under the personal management of Mr. Su. It’s not much different. This is equivalent to a financial product that guarantees no loss and has extremely high expected future returns. It’s unreasonable for the majority of investors in the market not to rush for it.”

"To put it bluntly, if you want to increase the scale of fund sales, the most fundamental thing is fund performance!"

"Nonsense, everyone knows this. The key is to improve the performance of fund products. How can it be so easy?"

"Indeed, if it were really easy, tens of thousands of fund products on the market would not suffer huge losses. Don't managers of these fund products, whose sales are not good and basically uninterested by investors, not know how to improve their performance and sales? Can it be improved? The key is that it can’t be done!”

"If they could do it, everyone would do it."

"It's because fund performance is not good, so everyone will conduct public relations in other directions to increase fund sales."

"Hehe... If everyone really talks about performance, then we business people will all be unemployed."

"Performance should be the priority, but the development of the domestic fund industry has always been so chaotic. In fact, everyone has gone astray on the fundamental path, forming unhealthy competition."

"Okay, okay, it's useless to say this."

"Indeed, there is only one 'Yuhang Investment Company' in the entire industry. Their approach is just an exception and cannot be regarded as a standard."

"Let's do it the old way. There are some things in this world that you can't envy."

"Hey, the fund business manager of 'Yuhang Investment Company', I remember that when I met him two years ago, his attitude was really low to the ground, and he could talk about anything. Now... the last time I met him, he was already an investor begging for help. He was shocked, things have changed in this world, sometimes if you think about it carefully, it’s really amazing.”

"The current fund sales team of Yuhang Investment Company should be the least stressful."

"Isn't this nonsense? No matter how large the fund is, it is basically empty on the day of sale. How can this put any sales pressure?"

"I'm so envious that the hostages are separated from each other!"

"Hey, I can't help it. Who makes the boss a genius in investment in the industry?"

"Speaking of the private equity fund company 'Yuhang Investment', the current scale is about to exceed 30 billion, right? In one year, the scale of 30 billion is really terrifying!"

“It’s not about to exceed 30 billion, it’s already exceeded 30 billion!”

"Based on scale, this is already a top-tier private equity firm in the country, right?"

"In terms of domestic asset management scale, there are less than 20 private equity investment companies with more than 30 billion yuan. Yuhang Investment has indeed become the top company in the industry based on asset management scale alone."

“If we don’t calculate it in terms of scale, but in terms of company profits, no one can compete with it.”

"That's true. I heard that Yuhang invested in this company. Last year, it directly harvested a net profit of more than 1 billion just from the fund's excess performance share. This is an explosive profit harvesting ability!"

"Isn't that right? If you only rely on collecting fund management fees to make profits, the scale profit of 1 billion will be 30 billion to 50 billion."

"Hey, Mr. Su's personal wealth accumulation speed is really unmatched by anyone."

"That's right! Calculated based on his personal net worth, his personal wealth is probably in the billions."

"Damn it, this speed of wealth accumulation is really unimaginable."

"The key is to follow-up growth. Based on the current reputation Yuhang Investment Company has accumulated in the industry, as long as the performance of the 'Yuhang Series' funds does not collapse, in one or two years, the entire domestic asset management industry will be No one can stop it, and its asset management scale will reach 100 billion sooner or later."

"I have already seen the future giants of the domestic asset management industry rising."

"If Yuhang Investment Company turns into a public fund management company in the future, I estimate that the domestic public fund market will suffer another bloodbath."

"If Yuhang Investment Company is really converted into a public offering institution, other public offering institutions will really have no way to survive."

“It’s not a big deal if there’s no way to survive, but it will definitely be greatly affected.”

"At least 'E Fund's' leading position in the industry is likely to be lost."

"Not necessarily, right? In fact, according to the development path of Yuhang Investment Company, scale often rises quickly and falls quickly. As long as Mr. Su can no longer maintain excess performance, the performance of the entire 'Yuhang Series' fund products will If all of them become mediocre, then according to the current development path of this company, the development of the entire company will be abandoned by many investors in an instant, and regardless of scale or other business development, it will become stagnant or even retreat."

“On the other hand, look at domestic first-class asset management institutions such as ‘E Fund’ and ‘Ruiyin’.”

"They do not develop based on the performance of their fund products at all, but focus on the development of a rich product matrix and index fund products. The core source of company profits is management fees. From this point of view... I think these The business development and performance stability of first-tier asset management institutions are still much more stable than that of Yuhang Investment, and their ability to resist risks is much stronger."

"Well, that can indeed be said in this regard."

"According to the development history of asset management companies, it is actually easiest to achieve performance with small funds. As the amount of funds increases, it will become more and more difficult to make efforts in performance. Many domestic asset management institutions , I have never seen any institution that can still achieve long-term good performance after it has grown in scale."

"Currently, Yuhang Investment Company seems to be developing at a rapid pace, but in fact it has reached a critical development node that requires both scale and performance."

"I don't believe that with a scale of tens of billions, Mr. Su invested by Yuhang can still achieve fund performance several times or even ten times."

"I don't believe it either. After all, the market's capital capacity is limited."

"But even though I don't believe it, I still hope that the legend can continue."

"Yes, as long as Mr. Su, who is invested by Yuhang, continues the legend, the market may usher in a real turnaround. Moreover, after investors make money by buying funds, this money-making effect will spread out and attract more investors." OTC investors' attention to new fund products should be beneficial to our entire fund industry."

At a time when people in the entire domestic fund industry and asset management industry are having intense discussions...

At this stage, the news that the 'Yuhang No. 3' fund product is being sold simultaneously online and offline, and that all 10 billion shares will be sold out in half a day, is still spreading wildly in the domestic fund industry, investment community, and financial circles, attracting more attention. investor groups are concerned.

Of course, at the moment when relevant news is popular and fermenting.

The stock market that was trading at this time was also experiencing a pretty good trend because the issuance results of the ‘Yuhang No. 3’ fund product far exceeded everyone’s expectations.

I only saw a few major market indexes: Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index, and ChiNext Index.

After the issuance of the 'Yuhang No. 3' fund was completed and entered the closed stage, stimulated by market-related news, a large number of active funds once again followed suit and went long, instantly getting rid of the pattern of low shrinkage and shock, and continued upward. It rebounded and emerged from a stronger state than in the morning.

And when the time entered after 2 o'clock in the afternoon, that is, the news that the 'Yuhang No. 3' fund became the first 10 billion daily CD-ROM private equity fund of the year was completely fermented and spread, the market trend began to become more radical. Especially in the entire market, a series of concept stocks held by the 'Yu Hang Group' were suddenly attacked by a large number of active funds, and they all rose straight up.

"Hey, it's really strange. It has been fluctuating at a low level for almost a day. I already feel that the market volume is a little weak, my buying willingness is not strong, and there is little room for upward movement. The market is starting to attack again at this time." Seeing that the market is obviously There were some abnormal performances. At this time, inside Yuhang Investment Company, in the fund trading room, Li Meng frowned and said with some surprise, "It is obvious that the index has no motivation to continue to rise. Are these buyers at this moment all fools? "

"Haha...they are not stupid." Su Yu responded with a smile.

When Li Meng heard Su Yu's voice, he tilted his head subconsciously and asked, "Are you done with the issuance of the 'Yuhang No. 3' fund?"

Su Yu nodded slightly and responded: "It has been successfully completed. At this moment, news about the issuance of our company's fund products should be fermenting in the market, so it is not surprising if you see a sudden change in the market, as long as there is still a little profit in the market. If the effect is good, there will be no shortage of speculative funds.”

"I'm telling you." Li Meng finally understood after hearing Su Yu's words, "No wonder the strange things are mostly stocks in the two main directions of 'infrastructure' and 'state-owned enterprise reform', and most of them are stocks that we have reduced our positions before. Is the direction of financial speculation such as love coming towards us?"

Su Yu responded with a smile: "You can say that."

"Then our company can be regarded as leading a trend." Li Meng chuckled, "In terms of news, the market's rebound should be here, right?"

Su Yu did not answer directly, but stared closely at the trading situation of the two cities. After pondering for a while, he said: "The volume energy has weakened greatly. Once the index passed the 2350 point mark, the upward long strength will decrease in a straight line." It is falling, and today a large number of popular leading stocks that rebounded strongly yesterday, such as Beixin Road and Bridge, Beijiang Communications Construction, Kumho Group, China Fortune Land Development, Gemdale Group, MCC, etc., did not achieve an effective intraday premium. , and it has not accumulated a sustained money-making effect, which sets a very bad example for the market’s active capital groups who are chasing short-term pursuits!”

"If these tickets cannot make money, then the market's continued money-making effect cannot be sustained."

“Since the effect of continuous money-making cannot continue, the short-term pursuit of active funds will naturally ebb quickly, thus affecting the overall market pattern.”

"At this moment, it looks like these stocks can still maintain a relatively strong and volatile trend."

"But if you can't create space, that's the end of the rebound. Once the final bull following effect fades, the stock price will turn downward again in an instant."

"Yes." Li Meng nodded, "Our views are basically the same."

"Then sell!" During the brief discussion between the two, Wang Can couldn't help but say, "Continue to reduce the holdings of stocks that have risen during the session, further reduce the level of holdings, withdraw funds, and wait for the next opportunity to intervene."