Recently, products managed by well-known managers such as Huang Hai, Li Xiaoxing, and Xu Yan have been released from large-scale purchase restrictions. At the same time, a number of ** announced the early end of the fundraising. "Now I'd rather sacrifice some scale than set up a product as soon as possible. A first-class industry insider said that although the market is in the bottom-grinding period, the company is actively taking action to grasp the opportunity of the bottom layout. OnesLoosen restrictions on large-value purchases
Recently, a number of well-known ** managers have released large-scale purchase restrictions on products.
On January 30, Wanjia ** announced that in order to meet the needs of the majority of investors, Wanjia ** decided to cancel the restrictions on one or more large-scale subscription applications with a cumulative amount of more than 1 million yuan for a single ** account in a single day of Wanjia Select Mixed from January 30, 2024. Wanjia Select Blend is managed by Huang Hai, a well-known ** manager, and in 2023, the ** will achieve 2125% yield. Yinhua ** recently announced that the Yinhua small and medium-sized mixed market managed by Li Xiaoxing, Zhang Ping and others will resume handling large-scale subscription business of more than 100,000 yuan from January 22, 2024. From January 24, 2024, Dacheng Strategic Return Blend, managed by Xu Yan, has lifted the restriction that the cumulative amount of a single account subscribing to the product in a single day does not exceed 30 million yuan.
In addition to the above-mentioned products managed by well-known managers, some quantitatives have recently opened up large-scale subscriptions. IFC** decided to cancel the restrictions on the single-day and single-day cumulative subscription amount of Guojin quantitative multi-factor from January 22, 2024, and resume the large-amount subscription business. According to the announcement, the ** will reduce the subscription limit of a single account to 10,000 yuan in August 2023. In addition, from January 25, 2024, Chuangjin Hexin Quantitative Multi-Factor** will resume handling large-amount subscriptions and large-amount conversion and transfer-in businesses of more than 3 million yuan.
Industry insiders said that the opening or relaxation of purchase restrictions will be based on a variety of considerations, such as the completion of dividends, the requirements of channel institutional customers, and the opportunity to attract scale. A manager said that in the current market environment, the release of purchase restrictions can allow the people to divide in batches in a timely manner, which is conducive to the layout of managers against the trend and the companies with reasonable valuations in batches. Some** can also avoid the impact of **performance due to redemption by opening the purchase limit. A number of ** were closed in advance
Since the beginning of the year, many ** have ended the fundraising in advance in order to start the investment operation of the product as soon as possible.
On January 26, Wanjia ** announced that according to the actual fundraising situation and market conditions and relevant documents of **, it was decided to end the fundraising of Wanjia Trend Leading Mixed in advance, and the last fundraising date is January 30, 2024. It is worth mentioning that on January 20, Wanjia** announced that in order to fully meet the investment needs of investors, the fundraising period of the ** will be extended from the original January 23, 2024 to February 2, 2024. Wanjia ** mentioned in the announcement that the reason for the early termination of the fundraising is to safeguard the interests of **investors and start the investment operation as soon as possible.
The original fundraising period of Dacheng Dividend Pooling Mix was from January 15, 2024 to February 2, 2024. On January 18, Dacheng ** announced that it decided to end the fundraising of this ** ahead of schedule and advance the subscription deadline to January 19, 2024. The RGE Research-Driven Hybrid, which will be available for sale from October 17, 2023, was originally scheduled to open on January 16, 2024. On January 12, Golden Eagle ** announced that according to the actual fundraising situation and market conditions of **, it was decided to advance the fundraising deadline of ** from the original January 16, 2024 to January 12, 2024. It is worth mentioning that in the newly established ** in 2024, the Golden Eagle Research-Driven Hybrid starts with 5The amount raised of 0.9 billion yuan has become the largest active equity category at present. The opportunities outweigh the risks in A-shares
Whether it is the lifting of purchase restrictions or the early end of fundraising, it may be out of optimism about the long-term trend of the market. A ** manager said.
Ni Chao, manager of Golden Eagle Research-Driven Hybrid**, said that from the perspective of the endogenous situation of the economy, including volume, price and inventory indicators, it has improved greatly from the end of 2023. At the same time, the capital expenditure and the scale of construction in progress in some industries have reached the bottom, which means that the market supply and demand relationship may improve in the future. With the gradual release of risks, superimposed** is at a historical low, and the opportunities in the future may outweigh the risks.
Wells Fargo** said that under the combined effect of the two expectations of economic recovery and the inflection point of global liquidity, the A** field is expected to gradually come out of the bottom area. Before the inflection point is further verified, a "triangle" layout can be adopted, the defensive side, and the dividend strategy with high dividends and low valuations can be used to benefit from the gradual repair of fundamentals and expected changes; On the offensive side, we can focus on the improvement of the supply side of economic growth and the rise of a new round of industrial cycle, and lay out relatively highly volatile TMT technology growth sectors, especially Huawei-related sectors; The middle layer is mainly stable, with the layout of pharmaceuticals and consumption that benefit from the recovery of market sentiment, as well as pro-cyclical industries that benefit from economic recovery. In the medium term, Wei Fengchun, chief economist of Chuangjin Hexin, said that the industry in the middle of the "micro-disk" and "** is the blue ocean of future investment, and the focus of research should be on the process of finding the leading industry. He said that the previous leading industry was soft technology represented by the Internet, which is a process from diffusion to convergence; The current leading industry is hard technology, and the future hard technology should be a process from accumulation to adsorption. It is believed that hard science and technology will form a "new quality productivity" encouraged by the state in the future, and finally become a new leading industry.
Article**: China ** Daily).