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格隆汇基金日报 | 丘栋荣、赵枫新动态!百亿固守大将离任

Gelonghui Fund Daily | Qiu Dongrong, Zhao Feng's latest news! The commander of billions left the post.

Gelonghui Finance ·  Jul 4 05:25

Focus on the latest news in the fund.

I. Latest news from famous fund managers II. Oriental Harbor Fund Managers Shortselling Nasdaq-100 ETF III. On Tuesday, Nvidia rose more than 1% to a new high of $2.86 trillion in total market value. Private equity master Dan Bin once again made a fortune with Nvidia. The latest net asset value of Oriental Harbor Marathon Global until May 31 was 7.2533 yuan, with a return of 34.86% this year. IV. However, there seems to be a difference of opinion within Oriental Harbor on investment in Nvidia and Nasdaq. Recently, Dan Bin posted on Weibo, "I saw that out of the eight fund managers at Oriental Harbor, one of them used less than 5% of his position to hold three times the short position of the Nasdaq-100 ETF. I couldn't bear it and discussed it with him. I said be careful! The US stock market is bullish and short-term, suitable for buying!" Dan Bin has also posted, "From start to finish, only I, one of the eight fund managers at Oriental Harbor, held a heavy position in Nvidia!" V. Oriental Harbor's products have previously heavily increased holdings of Nasdaq-100 ETF. According to incomplete statistics from Private Fund Ranking, Oriental Harbor's several products have heavily increased holdings of Nasdaq-100 ETF and Nasdaq Technology ETF, five of which have appeared on the list of the top ten holders of US stock ETFs. VI. Deng Shengjun appointed as the new general manager of Huachen Future Fund II. News summary of fund today IX. Middle Eastern Giants May Buy 10% Stake in China Huaxia Fund X. According to people close to China Huaxia Fund, the Qatar Investment Authority (QIA) intends to purchase a 10% stake in China Huaxia Fund from Primavera Capital. At present, Qatar Investment Authority has reached a preliminary purchase intention with Primavera Capital. Many domestic procedures are still in progress. Only when the CSRC approves it and the change of industrial and commercial registration is completed can the change of equity be officially effective. XI. Public funds' dividends exceeded 66 billion yuan this year. Data from public fund ranking shows that as of May 31, 2023, 125 public fund institutions had distributed dividends for 1654 products, totaling 2122 times and a dividend total of 66.4 billion yuan this year. Compared with the same period last year, public fund dividends have increased across the board, not only in terms of the number of public fund companies and products, but also in terms of the number of dividends and the amount of dividends, with year-on-year increases of 43.38% and 11.87%, respectively. XIII. Bond funds are still the "main force" of dividends. Data shows that as of May 31 this year, bond funds have distributed a total of 1493 dividends, with a total amount of 56.235 billion yuan, accounting for 84.68% of the total amount of dividends. Among bond funds, the dividends are mainly concentrated in medium- to long-term pure bond funds, with a total of 1026 dividends and a dividend amount of 44.011 billion yuan, accounting for 66.27% of the total dividends. In stock funds, dividends are mainly concentrated in passive index funds, with a total of 27 dividends and a dividend amount of 4.846 billion yuan. XIV. Private equity is bullish on investment opportunities in these industries going global. More and more Chinese local companies are accelerating their global market layout, and many private equity firms consider a company's going global as one of their investment research considerations. The results of Private Fund Ranking's survey show that 76.92% of private equity firms believe that going global helps to increase corporate performance; another 15.36% hold a neutral attitude; and 7.69% hold a cautious attitude, believing that global companies have already accumulated a large amount of gains. XV. Regarding investment opportunities in going global industries that they are bullish on, the survey results show that 39.13% of private equity firms are optimistic about the home appliance and home furnishing industry; 30.43% of private equity firms are optimistic about the new third board; 13.04% of private equity firms are optimistic about the electronics industry; 8.70% of private equity firms are optimistic about shipbuilding; 4.35% of private equity firms are optimistic about the petrochemical industry; and another 4.35% of private equity firms choose other industries. XVII. Henan Tiejian Investment's 1 billion yuan fund completes filing XIX. China Shenhua and State Energy Group invest in private equity.Today's weather is good Today's weather is good.

Wanminyuan reduced its holding of Norisoger stock.

As of July 1st, Wanminyuan's Rongtong Health Industry appeared in Norisoger's latest list of the top ten circulating shareholders, with a decrease of 0.26 million shares compared to the end of the first quarter.

Zhao Feng conducted a survey of Bank of Ningbo on July 2, where he was spotted by institutions. Data from the past six months shows that he has not held this stock in any of his managed funds.

On July 2nd, institutions surveyed Bank of Ningbo and witnessed the presence of Zhao Feng from Ruifeng Fund. Data from the past six months shows that he has not held this stock in any of his managed funds.

Qi Dongrong's managed fund changed its name. Today, Zhonggeng Fund announced that the Zhonggeng Hong Kong Stock Connect Value 18 Month Closed-end Stock Fund will become an open-operation fund starting from July 11th and will be renamed as the 'Zhonggeng Hong Kong Stock Connect Value Stock Type Securities Investment Fund', which will be managed by a well-known fund manager Qi Dongrong. As of July 4th, the return rate of the product since its establishment is -13.88%. Qi Dongrong's managed fund changed its name.

Today, Zhonggeng Fund announced that the Zhonggeng Hong Kong Stock Connect Value 18 Month Closed-end Stock Fund will become an open-operation fund starting from July 11th and will be renamed as the 'Zhonggeng Hong Kong Stock Connect Value Stock Type Securities Investment Fund', which will be managed by a well-known fund manager Qi Dongrong. As of July 4th, the return rate of the product since its establishment is -13.88%.

Yan Peixian, the 'fixed-income general' in Zhongjia Fund, stepped down.

Recently, Yan Peixian, the 'fixed-income general' under Zhongjia Fund, resigned and has completed the cancellation procedures at the Fund Industry Association. Yan Peixian joined Zhongjia Fund in 2013 and served there as Pure Bond Manager Assistant, General Manager Assistant, Secretary of the Board of Directors, Head of Finance, Deputy General Manager, and Director.

Dong Weiwei returned to public funds. Recently, Xibu Lide Fund announced that Dong Weiwei was appointed as the fund manager of Xibu Lide's new trend hybrid fund, where he will work together with Lin Jing.

Dong Weiwei returned to public funds. Previously, he had worked as a product manager assistant, product manager, researcher, senior researcher, and fund manager at Everbright Pramerica Fund. Afterwards, he left the public fund industry and served as the equity allocation director of Huihua Wealth Management Co. Ltd.

Zheng Lichang became the vice president of Jiutai Fund. On July 4th, Jiutai Fund announced the appointment of Zheng Lichang as its vice president on July 2nd. Zheng Lichang used to be the president's assistant of Jiutai Fund, general manager assistant, secretary to the board of directors, head of finance, deputy general manager, and director of Huayuan Securities (formerly Jiuzhou Securities).

Zheng Lichang became the vice president of Jiutai Fund. On July 4th, Jiutai Fund announced the appointment of Zheng Lichang as its vice president on July 2nd. Zheng Lichang used to be the president's assistant of Jiutai Fund, general manager assistant, secretary to the board of directors, head of finance, deputy general manager, and director of Huayuan Securities (formerly Jiuzhou Securities).

Today's fund news roundup

India's QDII limits high-volume purchases again. Yesterday, India's stock market hit a new high of more than 80,000 points. On July 3, Manulife Fund announced that Manulife India Stock (QDII) has temporarily suspended high-volume purchases (including regular quantitative investments), and the cumulative purchase and regular quantitative investment amount of each fund account per day should not exceed 1,000 yuan. It is reported that Manulife India Stock (QDII) has suspended high-volume purchases five times this year.

QDII

All QDII limit purchase amounts have been reduced. On July 4th, several QDII products of Morgan Asset Management collectively announced restrictions on high-volume purchases, which have further tightened the scope of purchases. From July 4th, the limit purchase, regular quantitative investment, and conversion transfer amount of Morgan Japan Selected Stocks (QDII), Morgan Asia-Pacific Advantage Hybrid (QDII), Morgan Europe Dynamic Strategy Stock (QDII), Morgan Global Natural Resources Hybrid (QDII), and Morgan Global Emerging Markets Hybrid (QDII) have been reduced from 0.1 million yuan to 0.01 million yuan. Public institutions such as Boshi Fund and Huaxia Fund have also released announcements on restrictions of high-volume purchases on their QDII products and further lowered the purchasing limit amount. All QDII limit purchase amounts have been reduced.

Public funds conducted over 4,000 surveys in June. According to data from Public Fund rankings website, a total of 137 public funds conducted 4,082 surveys in June, covering 520 companies in 29 Shengwan first-level industries. Specifically, 81 public funds conducted surveys no less than 20 times in June, which means an average of once per day, with six public funds conducting surveys over 80 times.

Public funds conducted over 4,000 surveys in June.

According to data from Public Fund rankings website, a total of 137 public funds conducted 4,082 surveys in June, covering 520 companies in 29 Shengwan first-level industries. Specifically, 81 public funds conducted surveys no less than 20 times in June, which means an average of once per day, with six public funds conducting surveys over 80 times.

More than 30% of fund companies did not launch a product in the first half of the year.

According to Wind data, as of June 30, the total number of newly established public funds this year was 626, and the total issuance was 660.708 billion shares, a year-on-year increase of 25.6% compared to 526.028 billion shares in the first half of 2023. Stock funds had the largest number of new establishments this year, with a total of 229 new funds established. Bond funds had the largest issuance, with 536.875 billion shares, accounting for 81.26% of the total issuance. Huaxia Fund and E Fund each had 37 and 36 new products, respectively, ranking first and second. Meanwhile, nearly 50 fund companies did not launch a product in the first half of the year, accounting for more than 30%.

Public funds distributed nearly CNY 90 billion in dividends in the first half of the year. According to the data from Public Fund Ranking website, as of June 30, a total of 134 public institutions had distributed dividends for 2,036 products, with a total of 2,930 dividend payouts and a total amount of 89.204 billion yuan. Bond funds were the main force behind dividend payouts. Statistics show that as of June 30, bond funds distributed a total of 2,699 dividends in the first half of the year, with a total dividend amount of 79.494 billion yuan, accounting for 89.11% of the total dividend payout of public funds.

Private placement filing enthusiasm increased in June. According to data from Private Fund Ranking website, a total of 3,396 private securities products were filed in the first half of the year, with the number of filings in the second quarter higher than that in the first quarter. In June, a total of 506 private securities products were filed, an increase of 8.35% compared to May's 467 products. Stock strategies remained the main filings in the first half of the year. Data shows that 2,117 stock strategy products were filed in the first half of the year, accounting for 62.34% of the total filings. A total of 1,167 quant products were filed in the first half of the year, accounting for 34.36% of the total filings.

The weather is good today 今日の天気は良いです 今日の天気は良いです

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III. Latest Developments of Fund Products

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