In recent years, Fund managers who have been labelled as racing have been subjected to frequent market debates, whether they are committed or left, and the “labelling” that has passed through to name is becoming a burden.

Labelling for marketing

In the near future, market volatility has increased and the TMT (science and technology, media and communications) plates have been restructured, and this year, some of the Fund’s performance, which has just moved from a new energy channel to a TMT block, has continued to be low. While some of the funds that have been labelled “new energy labels” have attracted a large number of congestions through new energy lines, today, in the absence of any explanation for the holders, there have been radical changes in stock styles, a significant reduction in the low level of new energy, a high streaming of TMT, and the new net value of the Fund has been declining for nearly a year.

A fund manager who has expressed a long-term commitment to the new energy race has also generated market dignitaries as a result of a significant change in the theme of the Fund’s heavy warehouses. As a result of the retrenchment of new energy sources, the Fund’s managers had been heavily marketed by companies with new energy labels, and had reaped very good publicity in the new energy stream that had preceded it. The size of the Fund’s managers has increased dramatically, from silence to promotion to 100 million Fund managers, with more than one year spent.

During the first quarter of the year, the rehabilitative unit of the Fund’s representative moved from the new energy to the TMT, triggering considerable market controversy, although he stressed in a quarterly report that the Fund was market-wide, but not owned by the capital, and the recent adjustment of the TMT plate had increased the base population’s bad sentiment.

In recent years, for marketing purposes, a number of fund managers have been labelled as “credible hunters” “new energy cohort” as “consumer of consumption”. When the situation prevails, well-equipped labels can easily be linked to the base population, and the expansion of the Fund has become watery.

style reverse labels

The Fund manager’s label is a precipitation. The systematized work of the Fund’s managers is presented in a few words, and naturally there are many disadvantages.

In recent years, there has been intense shelling and some fund managers have been labeled for consumption, semiconductor and new energy industries. Once market conditions are extremely reconverted, the Fund manager, who is labelled, will face a heavy burden.

Advocacy based on historical performance is untenable and, in order to be expanded, overpacking, labelling fund managers through close market hot spots can easily mislead investors. In the event of a radical shift in business style, it is restricted to labels, and many Fund managers appear to be passive when market views and portfolio adjustments are published.

In recent years, the public fund industry has developed rapidly and Internet penetration has been instrumental. The selection of a single fund should have been a complex decision requiring analysis of a large number of information, while the use of Internet technology could be easily identified through “labelling” by typing the characteristics of the Fund’s managers or Fund products.

On the Internet platform, the majority of the people who are based on this information can be bought for possession. The people in the Internet platform purchase funds through labels, while increasing the efficiency of the selection base, also face problems such as over-grabbing and over-stage.

“Increment should be incremental”

The current market manager’s label is based on its historical performance, investment styles, competency circles, more frequent market style changes in Unit A, and the Fund Manager’s Competency Network has a continuing space to label the Fund’s managers in the short term only for market hot spots, without undue exigency. In the long term, this will not only mislead the holder, but also have a negative impact on the Fund’s managers, Fund companies and the public fund industry.

A long-serving public investment will often be mentioned in media interviews, without prescribing itself to bigamy or tiny, growth or value, or simply to the boundaries of an industry, creating a bias. In his view, investment was a very inclusive and open undertaking that did not lend itself. The diversity of the world dictates that individuals should choose the circumstances that best suit them. Investment should be dynamic, intrusive, highly complex, non-linear, not simply labeling itself in a style, constantly entering new energy sources, constantly reflecting on itself and continuously doing what is right in the long term.

In the study and selection of the Fund’s managers, a FOF fund manager had spoken out, and she did not favour a simple summary by labelling. In her view, the labelling of Fund managers was more a “collective” approach, and for investment it was not possible to have a label that would fully define a fund manager, but would also need to have a multiple view of the Fund manager, depicting the Fund manager’s stereotype and not simple labelling.

In fact, through press observations, a number of fund managers are trying to amend fixed labels that have been hit. In recent years, many of the top fund managers who have grown from the channel are growing up, research industries are expanding and new products are being managed with remarkable success.

However, the Fund managers of overly labeled packagings continue to face difficulties and challenges in the investment subject conversion process.

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Electricity information, precision reading, new waves

On February 28, the Municipal Urban Administration Bureau held a press conference to interpret the regulations in detail. The regulations specify that the units and individuals that produce domestic waste are the responsible subjects for the classified delivery of domestic waste, and shall classify and deliver domestic waste to the corresponding collection containers at the designated places according to law. If the person in charge of management finds that the domestic waste does not meet the classification requirements, he has the right to ask the person in charge to correct; If the issuer refuses to make corrections, the person in charge of management shall report to the competent department of urban administration. In terms of legal liability, the regulations also clearly stipulates that if a unit or individual fails to place classified goods at a designated place, the competent department of urban administration shall order it to make corrections; Those who violate the delivery regulations for many times or have other serious circumstances may be fined.

For example, if an individual fails to pay or pays less domestic waste treatment fee, the competent urban management department shall order him to pay within a time limit; If it fails to pay within the time limit, it shall be fined not less than twice but not more than three times the domestic waste treatment fee that should be paid, and the maximum penalty may be up to 1000 yuan. If an individual fails to classify and put in domestic waste at the designated place, the competent urban administrative department shall order him to make corrections; Those who repeatedly violate the delivery regulations or have other serious circumstances shall be fined not less than 100 yuan but not more than 300 yuan. (text / Zhou Xiaoping)

On the third day of the finals, the first quarter finals were held in the morning. After the ups and downs of the competition, Zhongtian Qilin, Chongqing SC, Zhongtian Qilin and flying brothers broke through the siege and became one of the top four in the country. In the semi-finals, Zhongtian Qilin beat Chongqing SC 100% by virtue of his noble and excellent play and Shang Ping’s power in the interior. Goran shot a free throw winner, and the flying brothers narrowly beat Zhongtian Qilin. In the final, the two teams launched a suffocating defensive war. The flying brothers continued their skilled cooperation routine and once occupied an advantage. However, after several fierce battles, their physical fitness was almost overdrawn. Zhongtian Qilin 100% team with better physical strength completely blocked the attack of the flying brothers at the decisive moment and killed the game with noble continuous points. Finally, the Tianjin champion Zhongtian Qilin 100% team won the national championship of 3x3 Golden League in 2021 with a complete victory.

There are four members of Zhongtian Qilin 100% team, and three of them are former CBA Players. Noble, Duan jiangpeng, Shang Ping, and their little brother aze. It is not easy to move from one field to another, let alone under a completely different competition system and rules. But they still showed the adaptability and foundation of professional players. In the face of the doubts of the outside world, they still dare to put down their body to compete, which is already admirable. And this champion has also proved that their efforts have been rewarded.

The 2021 Golden League season experienced the epidemic and various challenges, and finally came to an end in early 2022. Before long, the new season will start again. We are looking forward to meeting new and old friends on the field again. In the future, there will be more wonderful. See you in the new season!

(Editor: big black bull)

Recently, the securities fraud lawsuit between qudian investors and qudian for four years ended.

It is reported that under the order of the Southern District Court of New York, qudian and its actual controller Luo min paid a settlement of US $8.5 million (about 53.635 million yuan) to several plaintiffs who initiated securities fraud litigation.

According to the 2017 annual report of qudian, since the end of 2017, a large number of qudian investors have initiated securities fraud class actions against qudian and Luo min. In the District Court of New York, investors initiated four class actions against qudian and Luo min on the grounds that qudian did not fully disclose commercial and regulatory risks, resulting in investment losses; In California, fun stores and some executives have also been sued by shareholders.

The listing of qudian was the peak, and then the share price went from bad to worse. The opening price on the first day of listing was US $34.35, with a market value of US $11.3 billion. However, as of the closing of US stocks, the share price of qudian closed at US $0.7899/share, with a total market value of only US $200 million, and the higher point fell by 98%.

The share price went down all the way, and the performance of qudian also went down all the way. According to the third quarterly report released by qudian in December 2021, its total revenue in the third quarter was 347 million yuan, a year-on-year decrease of 59.1%. The net loss was 94.2 million yuan, a year-on-year decrease of 115.9%. The announcement of the financial report immediately triggered a sell-off in the market. The stock price fell 36% in a week and fell below US $1.

Affected by this, qudian has been reduced to the edge of delisting. Due to the announcement that the stock price of the New York Stock Exchange was lower than US $2021, it was withdrawn from the New York Stock Exchange for 10 consecutive months.