Rebirth: The Financial Giant

Monday, July 10.

In the president's office, Han Qiulin, the chief assistant, stood quietly with both hands in front of him. In the desk, Lu Ming sat with his back against the boss chair, facing Han Qiulin sideways.

At this moment, he was browsing with a report handed by her in his hand.

This material was handed over by Tiansheng Global Pioneer Hybrid QDII Fund Operation Department. From the close of last Friday to the two weekends and weekends, and until now, the subscription funds to be confirmed have suddenly increased by 220 billion.

"The Christians are really rich!" Lu Ming, who was browsing the materials, said with emotion.

The domestic base people are really rich, and 220 billion is not the most shocking figure. According to the asset management business statistics released by the Evidence Investment Fund Industry Association, preliminary statistics show that fund management companies and their subsidiaries, securities companies, futures companies . The total scale of the asset management business of private fund management institutions is about 53.6 trillion yuan, and the public fund management institutions have 4,952 public funds with a share of 11 trillion yuan and a scale of 11.6 trillion yuan.

11 trillion compared to 220 billion, so it doesn't seem like much.

But in fact, this is quite an astonishing figure. The 220 billion subscription funds account for 2% of the total size of the national public funds. There are nearly 5,000 public funds in the country, and one fund accounts for 2%. This is quite terrifying. Proportion.

The 220 billion funds purchased by Christians may not be all OTC funds, and a large proportion may be redeemed from other funds held by them, and then bought Tiansheng Global Pioneer Hybrid QDII Fund.

For other public funds, they will face huge redemption pressure and have to sell their stocks to realize the funds to redeem funds for Christian Democrats.

Today's market is no accident, it is definitely going to be a turbulent market, and there will be differences in funds!

Lu Ming closed the materials, thought for a moment and asked, "How many QDII quotas are left?"

Different from mainland public funds, QDII, as an open-ended public fund that is qualified for domestic investment institutions to invest in overseas assets, is subject to foreign exchange quotas. Currently, the total quota of all QDII funds in the country is US$90 billion.

Tiansheng Global Pioneer Hybrid QDII initially obtained a quota of 2.2 billion US dollars, which means that it can only exchange foreign exchange at most 2.2 billion US dollars to invest overseas. In the second half of last year, it applied to the State Administration of Foreign Exchange for a new quota and got the approval. Quota The quota has risen to 5 billion US dollars, which is the fund with the highest quota among the 87 QDII funds.

Of course, it is also the best QDII fund. Because it can earn more foreign exchange, it will naturally be able to obtain more quotas.

However, the QDII quota will not be approved until the new quota is applied for.

Han Qiulin replied: "Our QDII fund currently has a limit of 3 billion US dollars that has not been used up."

"That is to say, you can still take 3 billion US dollars to sea, which is about 20 billion yuan at the current exchange rate..." Lu Ming said to himself, after thinking for a while, he looked at Han Qiulin and instructed:

"In this way, you go to inform the person in the fund management department that this batch of subscription funds to be confirmed, we only receive 20 billion yuan, and the internal lottery method will be used to draw and confirm 20 billion yuan at any time, and the remaining over-subscription part will be fully refunded to investors. , and make an announcement, and at the same time close the subscription channel and open redemption.”

The 20 billion purchase funds are just about 3 billion US dollars. After the share is confirmed, the quota will be used up, and the purchase channel can only be closed.

QDII funds, even if Lu Ming wants to take over the more than 200 billion yuan, there is nothing he can do. Investing in overseas markets has to be exchanged. This is strictly controlled. It does not mean that you can pay as much as you want.

If QDII funds do not have strict foreign exchange quota restrictions, wouldn't it have become a channel for domestic capital to transfer overseas?

Moreover, the QDII fund license is not so easy to obtain, and the QDIE fund license is even more difficult, but Tiansheng Capital has both, and the quota is the first.

The quota of Tiansheng QDIE Fund is now one dollar is useless, and overseas assets are currently profit-making. The previous 5 billion US dollars principal has long been returned, and last quarter Qi Wei has brought back 10 billion US dollars. Profits, this quarter will bring another 100 US dollars of profit funds back to the country.

Han Qiulin received Lu Ming's instructions and went to notify the people in the QDII Fund Management Department. At present, the person in charge of this section, Qi Wei, is leading a research group in North America. Lu Ming can only manage the QDII fund temporarily. As a fund manager.

However, Lu Ming will not watch the night market either. The QDII Fund also has a team managing it. After selecting the investment target, let the fund assistant execute it.

At this moment, Lu Ming took a look at the current position of Tiansheng Global Pioneer Hybrid QDII Fund through the internal system. After accepting the 20 billion subscription funds, he had to allocate corresponding stock assets.

QDII funds cannot invest in anything as diversified as QDIE. QDII funds are mainly unilaterally long.

It took Lu Ming about half an hour to find a place to live for the 20 billion subscribed funds. The constituent stocks held by Tiansheng Global Pioneer Hybrid QDII Fund remained unchanged, and 15 new targets were selected, namely:

Huazhu, NRG Energy, VMware, Interactive Brokers, STMicroelectronics, Vale, Boeing, Brazil Power, Petronas, Chile Mining Chemicals, Caterpillar, BeiGene, CF Industries, Teck Resources, BHP Billiton.

The 20 billion funds to be confirmed, equivalent to about 3 billion US dollars, are allocated to these investment targets. After they are done, Han Qiulin will send them to the QDII Fund Management Department, and ask the fund assistants to open positions for these investment targets according to the matching ratio and the buying range price.

Most of these tickets can be bought for a long time, and you will have to wait for the beginning of next year to change positions at the earliest. They are all medium and long-term investment targets. It is not an ultra-short-term investment that naturally does not need to be watched in person, and a slight deviation in the price is not a problem.

...

In the afternoon, it was said that the purchase of Tiansheng Enchantress closed the door and turned to purchase Tiansheng Global Pioneer Hybrid QDII Fund. The buddy who eats spicy food also took advantage of the rest time to check the fund situation today.

I clicked on the QDII fund and took a look. It was subscribed last Friday night, but the share has not been confirmed. It can only be confirmed after the market closes at 15:00. The calculation of the income will have to wait until Wednesday. This is the trouble of the QDII fund.

"Fuck!"

The man clicked into the comment area of ​​this fund and looked at it, and the originally pleasant mood suddenly disappeared, and he couldn't sit still.

At this moment, the comment area he saw was discussing the announcement just released by this fund at noon.

"Niubi, I really convinced you, 220 billion subscription, how crazy you are..."

"It's no wonder that the market is so volatile today. There must be many people who have redeemed funds to subscribe for QDII."

"It's good, QDII has also been bought by you, and the subscription has been suspended!"

"What does the content of the announcement mean? Why did you draw lots of 20 billion? Why didn't you take all of it? The class representative came out and said it."

"One brother, always drop God!"

"Other funds can't wait to subscribe as much as possible, the first brother is better, don't dislike too much, haha~~"

"The content of the announcement said that the quota of the global pioneer mixed QDII is only 3 billion US dollars, so it can only accept about 20 billion yuan. The QDII fund has to exchange foreign exchange, and the foreign exchange control is very strict. The quota for this chicken is 5 billion US dollars in total. 2 billion has been used up, and now the last 3 billion will be used up, so of course we can only close the subscription channel.”

"This year's Christian Democrats are too mad, and the first brother said that he couldn't stand it, haha!"

"So, is the final draw?"

"Yes, can I get on the bus in the end, I have to fight the European emperor and the African chief."

"Ma De, it's like buying a whole fund and making new shares, I'm sorry!"

"Otherwise, what should we do? It's relatively fair."

"Why am I always the last one to know the wealth code... [wow cry]"

...

The man who was swiping the comment area felt depressed, and his whole person was not well. He thought he couldn't get on the car of Tiansheng Yaoji, but the QDII Fund's car was firmly on the ground, but now he told him that it was not necessarily, and he had to look at his face.

At this moment, the market has closed, and the man is looking at the base of 220 billion, and has no hope of winning the lottery.

But just when he thought of giving up, he suddenly received a text message.

It was a text message from Tiansheng Fund Company, to be exact, a text message sent to him by Zhifubao Ant Fund. The man opened it and was stunned on the spot.

"Fuck~www.wuxiamtl.com~ I got hit?"

In response, he was overjoyed on the spot.

"Haha, I've been possessed by this Nima European Emperor, Ness!!" The man said excitedly to himself: "Nima just gave up the idea and gave it to the labor force, it's really nothing if you ask for it, instead of asking for it, you will have it. Earn!"

In this random lottery, the fund management department puts the subscription accounts to be confirmed in a basket, and then asks the programmer to help randomly select the subscription accounts.

Quite simple.

Originally, the Fund Management Department could actively choose to confirm the account to subscribe for funds. After all, this is not a new share sale, and how to confirm the share is an internal decision of the fund management.

The subscription funds for accounts that are not drawn will be automatically refunded the next day.

At this moment, the other Christians who won the lottery were also reminded by text messages before and after, and they all cheered and cheered with joy when they saw that they won the lottery, and they went to the comment area to post it.

...