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You are here: Fund China > Fund News > New fund sales hit, the stock market tumble after a large number of investors to change fund investors.

New fund sales hit, the stock market tumble after a large number of investors to change fund investors.

By Fund China
Published: 09:40, June 14th, 2007

From: Daijiangwang-Information Daily
Compiler: http://www.fundcn.org

At 15:30 on the 12th, the Nanchang Mr Cheung cars rushed to fight in the August 1st Avenue bank outlets, Managers require customers with the highest possible speed to purchase 70,000 yuan King of the Great Wall with selected blue chips votes Fund. After eight minutes after the operation, client manager regret to tell Patrick, last transaction in 30 seconds before the end. For two consecutive days abnormal explosive sales of the new fund so that many clients transactions.

New fund sales hit

“Really did not expect, the market is still so hot!” On the 12th, connected to a telephone, Guangdong Development Fund to a company staff could not conceal his excitement : “Application of funds early breakthrough in the 20 billion yuan mark.” Reportedly, the day-long subscription amount of over 26 billion. This is also the 12th hot market.

May 30, the Ministry of Finance decided to raise the stamp duty, and the rapid succession fell. Therefore, regulatory departments frequently blowing breeze is blowing, one of which is to concentrate the approval of four new fund issue, including the rapid growth of development in Guangdong. Huabaoxin selected industries and King with the Great Wall and other selected blue chip fund.

On the 12th issued by the King with the Great Wall Fund selected blue chips on the 11th of intent application has been as high as five billion yuan. To that end, King Shun Great Wall fund companies come up with a compromise helplessness : recommendations of its other investors purchase a product tripod benefits fund because by the same fund manager in charge.

At 14:55 on the 12th, the Bank of China Jiangxi branch of the Fund for the financial advisers said, King day with the Great Wall has been selected blue chip fund more than 2,000 T subscription, and turnover is more than 600 million. And issued in mid-March compared to the Fund and the subscription business volume increased more than double digits.

Jiangxi branch of China Construction Bank 15:10, the subscription rate has reached 90 million, “Today business day equivalent to the previous week.”

Large shareholders to battlefield

10:00 reporters at the Bank of China Nanchang Laofushan outlets, encountered a few investors to purchase. Mr. Qin has a high monthly fixed income, “5.30″ He rates the stock for five consecutive Limit. far beyond the psychological expectations. “Recently, the stock market shocks, reinforced by the determination of investment funds.” He said the March purchase of China Post Fund, At present, the rate of return nearly 30%. On the 12th, he added another 30,000 yuan to subscribe King Shun Great Wall selected blue chip fund.

Mr Qin on behalf of the plight of the majority “shareholders and the christian democratic” vacillating between investors experience. “5.30″, the hands of many investors for the stock indices. and the Christian Democratic current slump in which the risk is relatively small.

Dynasty established a personal business advisers disclosed, on the 12th in his hands for fund business customers may reach nearly 200 pens, too busy to have time to eat no, the business volume was an increase of 50%. In handling the fund business customers is a weather shareholders. At 13:30 on the 12th, he accepted a sum of two million subscription fund business, the customer is old clients identity has undergone a change, from investors into China-based funds from the stock market to fund market.

A fund management company who told reporters : “The collapse of individual investors is a profound lesson. the stock market is not a vegetable markets, some of the election will be able to buy cheaper easily defeated institutional investors, the possibility is very small, This adjustment will bring more investors into the ranks of the Christian Democratic. ”

Analysis : blue chips expected to benefit

“These funds in the stock market. blue chips expected to promote short-term increases. “National research and development center Securities analyst Liu Jia Zhang Fund on the 12th, “After all, the market opportunity is decreased.”

Nanchang Bayi Road Construction Bank branch Dynasty personal business advisers said that in a bull market trend remains unchanged, under the premise investors generally optimistic about China’s stock market, the new fund enthusiastic demand for blue chips indirect beneficial.

Baowin coastal Pan-regional growth, innovation Dacheng, Wah Fu competitive selection and other funds have also begun to split and sustained marketing. Completed last month with the collection and is still continuing marketing 710048 phase of the Fund, is expected to optimism, The new marketing veteran fund might bring to the market additional 100 billion yuan of funds, is expected to form the first pair of blue chips good.

“100 billion yuan of the total funds to the market is not over, the blue chips rose mainly depend on performance, market and other factors. But respected blue chip fund products will undoubtedly soon push blue chips formed role. “Warburg Societe Generale that the next hot market for a period of time will gradually transformed, with the increasing market risk, The funds will focus gradually turn over security to the large blue chip, thus promoting the merit of blue chip boom.

Copyright Fund China 2008.

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