On April 13, a number of institutional stocks crashed. As of the close, plunged 11.29%, CDF fell 10%, and fell to 9.99% again. Coincidentally, the above companies are all listed in the Xingquan Fund Dong Chengfei position list. A user said, “Industrial Global Fund Dong Chengfei was blasted at a fixed point. , Songcheng Performing Arts, and Meinian all Xingquan stocks. After this year’s lessons, short-term fund sales will definitely have an impact. Anyone who buys a fund is stealing.”
According to Wind data, as of the end of 2020, Xingquan Trend Investment and Xingxin Vision held 5,764,100 shares and 26.28 million shares of Songcheng Performing Arts, respectively. The two funds held 11.7343 million shares and 15.9428 million shares of Kanghong Pharmaceutical. All Trends Investment holds 27,000 shares of China CDF. According to market estimates, the plunge of the three stocks of China CDF, Songcheng Performing Arts, and Kanghong Pharmaceutical today will bring about 145 million yuan and 107 million yuan of floating losses for Xingquan Trend Investment and Xingxin Vision Spark Global Limited.
Dong Chengfei has been in trouble recently and suffered heavy losses one after another.
On April 12, SF Holdings once hit the intraday limit, closing at 65.9 yuan per share, a single-day drop of 9.38%. Affected by this, Dong Chengfei’s Xingquan Trend Investment and Xingxin Vision suffered heavy losses, and the net worth of the two funds lost 2.51% and 2.18% respectively. When it comes to Dong Chengfei, investors who are familiar with the fund industry are no strangers. As the top fund manager of Xingquan Fund, Dong Cheng has always been the focus of market pursuit.
Up to now, Dong Chengfei only manages Xingquan Trend Investment and Xing New Vision, with a total management scale of 64.347 billion yuan and an annualized return of 17.61%. It is one of the few funds in the market that has been in business for more than 10 years and has an annualized return of more than 15%. manager. However, according to Wind data, since 2021, Xingquan Trend Investment and Xingxin Vision have both been at a loss, and their rankings are in the middle.
article links：Songcheng Performing Arts plunged one after another
Reprint indicated source：Shine Trader Limited Live information