China Economic Net, Beijing, June 2 (Reporter Kang Bo) In the rebound of A shares in May, 90% of equity funds rose in performance, but some funds still suffered declines.From the ranking of common stock funds, 12 funds fell by more than 5%, including 4 products of Chuangjin Hexin Fund.
The data shows that Chuangjin Hexin Hong Kong Stock Connect Growth Stock C, Chuangjin Hexin Hong Kong Stock Connect Growth Stock A, Chuangjin Hexin Financial Real Estate Stock C, and Chuangjin Hexin Financial Real Estate Stock A fell by 6.27%, 6.24%, 5.08%, and 5.02% respectively in May. .
It is reported that Chuangjin Hexin Hong Kong Stock Connect Growth mainly invests in the Hong Kong stock market. Its top ten stocks in the first quarter of this year are Country Garden Services, China Power, Jinke Services, CIMC Enric, China Gold International, Dongyue Group, Huaneng International Power, CIFI Yongsheng Services, WuXi Biologics, and China Resources Power are mainly for the property, power service and other industries.Although it is not clear whether it still holds, but from the perspective of its investment style since its establishment, it is mainly concentrated in the field of public services.Unfortunately, this type of defensive sector has not brought good performance to it. Since its establishment on June 23, 2021, the AC share of the fund has dropped by 38.43% and 38.72% respectively, and its net value is only 0.6157 yuan and 0.6128 yuan. .
Chuangjin Hexin Hong Kong Stock Connect Growth is managed by Hu Yaosheng and Li Zhiwu. Hu Yaosheng has managed public funds for up to 4 years. Li Zhiwu has worked in securities companies and private equity funds for many years. He will join Chuangjin Hexin in 2021, but the decline of the fund during the cooperation period was as high as 33.87 %.
Chuangjin Hexin Financial Real Estate is undoubtedly dragged down by the financial and real estate sectors. The first quarterly report shows that the fund's main bank stocks include China Merchants Bank, Ningbo Bank, Ping An Bank, etc., followed by real estate and brokerage stocks.The fund manager once said in a quarterly report: "We have held some high-quality state-owned real estate companies this quarter, and we believe that there is still room for their revaluation logic. In terms of bank stocks, we still hold high ROE from a longer-term perspective. , joint-stock banks with greater development prospects and some low-valued city commercial banks. Although securities companies have reduced their positions to a certain extent due to the macroeconomic impact, we tend to believe that the long-term logic of wealth management has not fundamentally changed. The investment value of the target in the long-term period is relatively obvious, and it is a good time to deploy.”
(Editor in charge: Kang Bo)
