IPO Restart Soon, Peach Blossom Still Smile Spring Breeze?

On top of the oil pouring, the IPO under the new regulation came into being and did not fail to meet expectations. The brokerage board was in the expectation that it would fall down for second days, and it broke the hearts of the emptiness, but it filled up the pockets of the heavy traders. The investors in the heavily loaded brokerage stocks made a lot of money, and the empty feet of the gas companies stomped on their feet. The fund company then said to the investors who were in a hurry, "if you can't eat this big cake, then you can lick the cream on the cake. Our company's newly launched new fund will start to subscribe. You can get it fast this time." in the near future, A shares will be most incisive in the "love in late autumn" market. Investors are more concerned about whether the next "fire in winter" can burn up enough.

But is this really the case?

The rules have been changed, and the new fund has been changed, and the recipes have changed. The boss has promised that his house will not change his flavor. Is the logic of this house bullying the intelligence quotient of investors? The biggest feature of the new IPO rule is the cancellation of the advance payment system to ex post payment. The biggest advantage is that the disturbance to the capital plane has been greatly reduced, but at the same time, it has also greatly reduced the participation in the new threshold and made the new one.

Substantially reduced, and then unable to form new risk-free high-yield assets.

Under the new "rules of the game", there must be new ways to play. The operation mode of the new fund needs to be changed.

According to the data provided by the research center, there are at least 83 new funds in the first half of this year.

The proportion of investment in stocks, bonds, bank deposits and cash was 2.5%, 9.5% and 88% at the end of the two quarter, while 2%, 73% and 25% at the end of the three quarter.

In addition, most of the fund's stock assets were below 5% in the first half of ten new funds.

The scale advantage of the new fund is disappearing, and the success rate is likely to go down.

A new strategy needs to be considered. If we want to control both the position and the right position at the same time, we can consider the inclusion in the stock index futures account.

The Hang Heng fund shows that the Dongfang fund and the UBS fund, which are good at participating in new shares, have issued new new products and investors can pay close attention to it.

In addition, the blue chip with high dividend yield will also benefit from the market capitalization demand. In order to meet the market value requirement of the new stock purchase, it is expected to promote the placement of OTC funds into stocks, especially low value volatility and good liquidity blue chips. It is suggested that investors should pay attention to the blue chip fund at the same time.

The Hang Heng fund predicts that investors who may be several times the size of the previous scale will participate in the new online game, and the era of playing the new share on the scale will also end. The annual yield of the new fund will be reduced from 13% to 5%, which means that the new advantages of the fund company will no longer be highlighted, and the new cost performance will also be reduced, thereby affecting the yield of the new fund.