Chapter 850 ST shares

  Only staying in DJI for a long time, Xia Jingxing left in a hurry.

  Now that the industry is becoming larger and larger, he is often busy with his feet on the ground.

  He came to the magic city for the second stop.

  As soon as he walked out of the elevator on the 49th floor of Jinmao Building, he saw Zhao Jun and Deng Fenghua who were waiting at the company's door early.

   "Mr. Xia, I have worked hard all the way."

  Zhao Jun greeted him with a smile, and shook hands with Xia Jingxing, while Deng Fenghua stood and smiled.

  Xia Jingxing glanced at Deng Fenghua. The latter was wearing a neat suit and his face was no longer the green look of the past, and the whole person was much more mature.

  He walked over and patted Deng Fenghua on the shoulder, and said with concern: "How is it? Are you still used to it?"

   "It feels very good! The team atmosphere is simply great."

  Deng Fenghua smiled, then looked at Zhao Jun and said, “I learned a lot from Master, all of which were not available in school books.”

  Xia Jingxing laughed, "Hahaha, then you have to remember Mr. Zhao’s grace in preaching and teaching."

   "Well, I dare not be, I dare not be, President Xia, you are serious."

  Zhao Jun waved his hands again and again. He knew that Deng Fenghua was a classmate of Xia Jingxing and might take his own class in the future, so he was really serious about teaching Deng Fenghua.

  Of course, Deng Fenghua is also very smart, and he never puts on the score because he is the boss and classmate. The whole person is very humble and easy to learn, so Zhao Jun has a good impression of Deng Fenghua and enjoys getting along with him.

After a few greetings, Zhao Jun led Xia Jingxing and his party into the company.

  Xia Jingxing has an office here, but he rarely comes to use it.

  When he walked into his office, he found that the room was spotlessly cleaned, and the layout was almost the same as it was a few months ago.

  Although others are not in the magic city, the people below never dare to neglect.

  Liu Xiaoduo brought a few cups of coffee with a tray, and the three of them took one cup each and sat on the sofa to chat.

   "Mr. Xia, the market went up really sharply last year, but it's a pity that margin trading and securities lending has not yet been opened in A shares."

  Zhao Jun’s face was full of regrets. He was very envious when he heard about the performance of Envision Capital's American hedge fund, but he couldn't increase leverage in A shares and could only make some honest money.

  Xia Jingxing smiled. At this time, there were no brokers and private companies, but he cherished feathers and did not touch this gray area.

  Otherwise, things spread, and the richest man borrows money to trade in stocks, it would be too ugly. The loss of reputation is far greater than the little money he has gained.

   "Wait, I heard that the pilot program will be carried out next year." Xia Jingxing smiled and comforted.

  Zhao Jun sighed: "Next year next year, it is estimated that it will be fully operational after two or three years."

  Xia Jingxing did not speak, but Zhao Jun really made his point. The large A-share market only officially opened its margin trading and securities lending business in 2010.

   "Although there is no leverage, we actually made a lot of money in the big market last year." Deng Fenghua smiled and interjected.

   "Oh, it's a pity that I missed the ship sector. Last year this was the fattest meat."

  Zhao Jun said and shook his head. Although he made a lot of money, he always felt that he was not perfect.

  "Don’t worry, there is no end to the money in the market, and the Mango seed fund has performed very well."

  Xia Jingxing smiled, and said: "Show me last year's performance!"

  Zhao Jun smiled and nodded, and told Deng Fenghua to get the computer.

  After a while, Deng Fenghua took the computer. He first turned on the projector in Xia Jingxing's office, and then closed the window. The light in the room instantly dimmed, and the projection screen on the wall slowly lit up.

  "CITIC Securities 20 million shares, the average holding price is 7.39 yuan/share, the current price is 40.2 yuan/share, the market value of the holdings is 804 million, and the floating profit is 656.2 million."

  "China National Finance Securities has 20 million shares, with an average holding price of 4.62 yuan per share, and a current price of 19.08 yuan per share. The market value of the holdings is 381.6 million, with a floating profit of 289.2 million."

  "Fanhai Construction 30 million shares, the average position price is 5.48 yuan/share, the current price is 23.2 yuan/share, the market value of the position is 696 million, and the floating profit is 531.6 million."

   "Luzhou Laojiao 30 million shares, the average holding price is 6.13 yuan per share, the current price is 28.01 yuan, the market value of the holdings is 840.3 million, and the floating profit is 656.4 million."

  "Vanke A30 million shares, the average position price of 6.71 yuan/share, the current price of 17.61 yuan/share, the market value of the position is 528.3 million, and the floating profit is 327 million."

  ……

   Liu Hai played a group of PPT pictures, each group of pictures is equipped with the stock's K-line chart, stock price changes, number of shares held, stock market value and other data.

  Xia Jingxing was looking at these pictures very seriously. To be honest, the amount of gains was a bit beyond his expectations. You must know that this is still the case without leverage, the big bull market is well-deserved, and it is really fragrant!

   "The Mango seed fund has a total principal of 1 billion, holding 15 stocks in the investment portfolio, with a total market value of 4.062 billion holdings. The floating profit has just tripled and earned 3 billion."

  Deng Fenghua reported the summary data, with pride and pride written on his face, because the most profitable stock, Luzhou Laojiao, he strongly recommended to buy, contributed more than 20% of the entire fund’s profit.

  He is completely enthusiastic about liquor stocks! I will never change my heart in this life!

  Xia Jingxing felt in his heart, if only three or four times the leverage was added, the profit this time would definitely exceed the tens of billions mark.

  It's really not easy to make some money in A shares, that is, if you run into a big bull market, you can only make a little bit of tricks to make so much money in a short period of time.

  At present, their capital is not small. If you want to make several times and several times, it is not impossible, you have to rely on the bull market later.

  Xia Jingxing applauded softly: "Good job, in less than a year, without leverage, quadrupled the amount of funds, and it is still one billion principals. Who can believe this? Hahaha~"

  Zhao Jun followed with a smile. Although he was not too happy on the surface, he was actually very satisfied with the result in his heart.

  With this result, it’s enough to carry it outside.

  But when he thinks of the huge asset management scale of Envision Capital and the Lixia Fund, which has grown more than 50 times in three years, he feels a little frustrated, incomparable!

  However, this is a non-war, and the environment limits the upper limit of trading profit, and he has no alternative.

  Xia Jingxing looked at Zhao Jun and asked, “What are your thoughts on this year’s trading strategy?”

   "During the big bull market, the performance of brokerage firms soared, which is a must-have holding stock. The big bull market is far from over, so I plan to continue to hold it."

  Xia Jingxing thought for a moment and nodded: "Yes, but you need to pay attention to the ebb of the bull market. There are already some signs in the US."

   Zhao Jun heard the overtones and asked: "Mr. Xia, you mean the U.S. housing prices have plummeted?"

  Xia Jingxing nodded slightly: “Yes, Americans have built countless bonds and credit derivatives on subprime mortgages. Once there is a problem, it will be the fluctuation and devaluation of financial assets of thousands or trillions of dollars.

  These financial risks are likely to be passed on by the Americans, and then cause a world-class financial crisis. "

  Zhao Jun also studies the U.S. financial market on weekdays, but after all he has no personal contact. At this time, hearing Xia Jingxing’s words, he couldn’t help but frowned: “Mr. Xia, are these inferences accurate?”

   "Can't say 100%, at least 80%." Xia Jingxing said lightly.

  Zhao Jun said: "If this is the case, then we have to add one more item of attention, the financial risks transmitted by the United States."

   "It is best if something big happens in the U.S., we will all be short positions to avoid danger."

  Zhao Jun took a look at Xia Jingxing and put forward different opinions: "Mr. Xia, it shouldn't be the case that the United States can have such a big impact on A shares?"

  Xia Jingxing knew that Zhao Jun might not listen to him too much, but he was actually normal. Who would have expected Yankees to play such a big game.

   "In short, I have the American team to monitor changes across the ocean at any time. Once there is a big movement, we must retreat immediately."

  Seeing Xia Jingxing’s resolute attitude, Zhao Jun tried his best to dissuade him, but after all, the other party was the boss and he was just a hitman.

  "Okay, then! It’s okay to be safe, the most important thing is to keep the fruits of victory. The bull market cannot go on forever."

  Xia Jingxing saw that Zhao Jun seemed a bit unconvinced, and he didn't bother to persuade him. It would be fine to speak with facts in the future.

  Zhao Jun then reported: "In addition to brokerages, real estate and liquor positions, I also suggest to keep them."

  Xia Jingxing nodded, he estimated that there should be some room for growth in these two sectors, but it is not that big.

  But now it has made three times the profit, and doubled on this basis, that is six times the profit, there is nothing unsatisfied.

   "Finally, I suggest weed out some stocks that are not performing well, and use 20% of the position to bet on ST shares."

  Xia Jingxing stared at Zhao Jun with wide eyes, and asked, "ST shares?"

   "Yes, ST shares." Zhao Jun nodded firmly in his eyes.

  　 I read the news yesterday, the angel of Shanghai Jade Buddha Temple invested 100,000 yuan in Ele.me...

  　　 However, the temple quickly dispelled the rumors that there was no angel investment, but funded the Shanghai University Student Venture Fund, which is equivalent to indirectly giving Ele.me a 100,000 yuan interest-free loan.

Chinese temples are not allowed to invest. If angel investment is really hungry, if you hold 10% of the shares at that time, and you are hungry, you can sell it for 9.5 billion U.S. dollars, even if the equity is diluted to only 1%-2%. A case of earning more than one billion yuan, 10,000 times return! The temple can be conferred a god.

  　　 Europe and the United States really have funds of religious associations. They also manage tens of billions of dollars and invest in various VC/PE funds.

  　　

  　

  (End of this chapter)