The annual finals of the public offering have entered the sprint period!
On December 18, Taixin** announced that from December 19th to December 21st, Taixin Industry Select** suspended the subscription (including regular and fixed investment business) and conversion and transfer-in business of institutional investors with a cumulative amount of more than 1 million yuan in a single day**account.
Taixin Industry Select** was established in March 2015, helmed by Dong Shanqing, and has been heavily positioned in media film and television stocks this year, which is an excellent performance for the year. Wind data shows that as of December 18, Taixin Industry Select**A has an annual income of 4528%, temporarily listed as the first performance champion of active equity during the year.
It is worth mentioning that the recent market has been repeated, and the top three active equity ** have been switching between Taixin Industry Selection, Soochow Mobile Internet and Oriental Regional Development, as of December 18, the annual returns were. 8% and 4347%。In addition, the annual rate of return of innovative small and medium-sized enterprises selected by the China Beijing Stock Exchange reached 4325%, rushing to fourth place.
Champion** purchase only.
On December 18, Taixin Industry Select Mix** issued an announcement that in order to ensure the stable operation of the ** and protect the interests of the ** share holders, from December 19, 2023 to December 21, 2023, the ** will suspend the subscription (including regular and fixed investment business) and conversion and transfer-in business of a single ** account of institutional investors with a cumulative amount of more than 1 million yuan in a single day. If the cumulative amount of subscription, regular fixed investment and conversion transfer into a single account of institutional investors in a single day exceeds 1 million yuan, the ** manager will have the right to refuse. The **A share and C share are calculated together.
Since the beginning of this year, Taixin Industry Select has continued to maintain the forefront of the market with its heavy position in media, film and television stocks, and as of December 18, 2023, the annual yield has reached 4528%, temporarily listed as the first performance champion of active equity during the year.
As of the end of the third quarter, the top 10 heavy stocks were Wanda Film, Guangguang Media, China Film, Zhewen Film, Huace Film and Television, Hengdian Film and Television, Ciwen Media, Zhongxin Tourism, Aofei Entertainment, and Huanrui Century. In terms of scale growth, the scale of the ** was 6600 million yuan, which has been 11.6 billion yuan, an increase of nearly 5 times.
Some analysts believe that the purchase restriction may be due to the consideration of the sprint ranking at the end of the year, or it may be the reason for the consideration of dividends to ensure income.
This is a critical time that requires patience and faith."
Taixin Industry Select has performed well this year, and the *** manager Dong Shanqing believes that it is mainly due to two points, one is the development of AI, and the other is micro-cap stocks.
Dong Shanqing said that the media sector currently invested by the portfolio is a soft application of AI, which belongs to the brain and soul of AI. Since the beginning of the year, AI has gone through the stage of Wensheng Wen and Wen Shengtu, and now it has developed to the stage of Wensheng **, and has now realized the commercial application of Wensheng animation**, and the commercialization of Wensheng real people ** is beginning to appear. Next, there will be Wensheng 3D and Wensheng action, and when Wensheng action is the robot, especially the humanoid robot, enters our life. In the coming year, AI will be deeply applied in various industries. In terms of robot investment strategy, it will pay more attention to machinery, automobiles, electronics, communications and other industries, which will be closely related to the manufacture of robot bones, shells, hearts and sensors. In addition, China has policy advantages in terms of data, and there are opportunities for breakthroughs in the field of algorithms and models in the future, which may ultimately greatly benefit content applications such as media.
In terms of micro-cap stocks, in the long run, small-cap stocks have always had higher alpha than ** stocks, and their growth potential is higher than that of ** stocks. As for the future trend, according to the 5 to 7 year time rotation of the large and small cap style, micro-cap stocks should still have a good period.
Dong Shanqing believes that market fluctuations are inevitable, and short-term fluctuations do not necessarily reflect the value of long-term investment. "This is a critical time to be patient and confident, and it's also a good time to review your asset allocation. A balanced asset allocation can help deal with uncertainty risks and drawdowns, while periods of low valuations may also provide long-term investors with opportunities to enhance their allocation. We need to have confidence in the market and be patient and wait for the right moment. ”
The battle for the championship is fierce.
Since the beginning of this year, the equity market has been repeated, and the industry sector has rotated frequently. After entering December, the annual ranking battle of active equity is very stalemate, and the top three active equity ** have been switching between Taixin Industry Selection, Soochow Mobile Internet and Oriental Regional Development. Wind data shows that as of December 18, the annual returns were. 8% and 4347%。
At present, there are only 8 trading days left in 2023, and the suspense remains as to who the champion will be. It can be seen from the third quarterly report that the above-mentioned high-performing ** managers have a slightly different understanding of the market changes in the fourth quarter, and their respective positions also reflect their own layout ideas.
Dong Shanqing, manager of Taixin Industry Selection**, said in the third quarterly report that with the gradual recovery of consumption, industries damaged in the past three years, such as media and cultural tourism, have gone up**, and its Chinese travel sector, especially companies involved in domestic business, has basically recovered to the level of 2019, and international business is still slowly recovering. In the media sector, companies involved in domestic consumption, such as film and television, also recovered to 2019. The artificial intelligence sector, which rose sharply in the early stage, has undergone a certain adjustment as a whole, and the market is waiting for the industry to launch new AI applications.
Liu Yuanhai, manager of Soochow Mobile Internet, believes that the fourth quarter is still relatively optimistic about the investment opportunities in technology stocks represented by AI artificial intelligence, and the adjustment of technology stocks in the third quarter does not mean the end of the global scientific and technological innovation cycle and technology stocks. We are relatively optimistic about the investment opportunities in three major directions that will benefit from the development of AI technology: AI computing power and applications, electronic semiconductors, and automotive intelligence.
The development of the eastern region, which has been maintaining a leading position in the first quarter, held a heavy position in the computer sector**, and at the end of the second quarter, the top ten heavy stocks experienced a "big change" and became a liquor-based position structure. **Manager Zhou Siyue said in the third quarter report that in the third quarter, this product implemented the idea of defense and did not make adjustments to the position structure dominated by liquor at the end of the second quarter. Although the technology growth sector has been catalyzed by the technological innovation of domestic technology giants in September, considering the current tense international situation and the complex domestic fundamental and capital environment, any structural opportunities need to balance risk and space, especially the offensive varieties with large elasticity, and further observation and confirmation should be a more prudent choice.
In addition, with the recent popularity of the Beijing Stock Exchange, the two Beijing Stock Exchange themes, China Beijing Stock Exchange Innovative Small and Medium-sized Enterprises Select Two-Year Fixed Opening and Taikang Beijing Stock Exchange Selected Two-Year Fixed Opening Year's Revenue, have entered the top 10, and are currently ranked fourth and sixth respectively.
Editor-in-charge: Tactical Heng.
Proofreading: Zhu Tianting.
Millions of users are watchingSuddenly!China announced"Rare"Moves, involving two giants!A large number of dead fish appeared off the coast of Japan, and ** emergency sounded that Gansu suddenly broke out 6 in the middle of the nightLevel 2**, 97 people have been killed, and the national emergency response has been upgraded to Level 2 Luo Yonghao"Shelling"Oriental Selection!The peninsula suddenly arrived, and the American nuclear submarine arrived in Busan!The giant urgently announced: suspend sailing!Just now, the United States has released a blockbuster!"Private Placement Witch": China will usher in a big bull market similar to the United States in the 50s!The CSRC released a blockbuster!It's about how A-share companies are"Send money"Illegal and bad information report**: 0755-83514034 E-mail: bwb@stcncom