news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

china fund news reporter wu jun

on september 30, the last working day before the holiday, a-shares were in full swing. the shanghai composite index rose above 3,300 points, and the two cities achieved a turnover of 2.6 trillion yuan. fund manager visited the business offices of several securities firms in pudong new area, shanghai. , involving securities firms such as citic construction investment, china merchants, shenwan hongyuan, industrial, and haitong, to understand the actions of investors under the recent market rebound.

an account manager told a fund manager that their online account opening volume has soared recently, reaching about 10,000 in a single day. most of them are born in the 1990s and 2000s. his relatives also came to him to open accounts. at the same time, the brokerage business department became lively, and many investors came to the counter to handle financial services. one account manager said that she did not have time to sit down before 3 p.m. some brokerages also warned of risks and advised customers not to follow the trend and enter the market.

it is understood that many investors' accounts that were originally losing money have finally become popular in the past two days. a classmate of the fund manager came to inquire about the sustainability of the market, and he also bought some index funds. many securities firms stated that they will not close during the national day holiday and will actively handle business for customers.

account opening reaches about 10,000 in one day

most of the people who open accounts are those born in the 1990s and 2000s.

"our company has recently opened about 10,000 accounts in a single day. no one had opened an account before. but recently, as the market has become popular, the number of people opening accounts has increased significantly. we are going to work overtime during the holidays." a staff member of the sales department of a large securities firm on pudong south road tell mr. fund.

he said that now customers are opening accounts online, which is more convenient. under this wave of market conditions, the number of customers who have opened securities trading accounts has obviously increased. “most of our customers who open accounts are those born in the 1990s and 2000s. in the past two days, my cousin also said he wanted to buy stocks and asked me to open an account. he said he had a few ten thousand yuan, if you want to enter the market, buy whatever you want, and it doesn’t matter if you lose. i advised him not to buy it, but he had to buy it, so i asked him to buy broad-based etfs instead of individual stocks.”

the staff member also told mr. fund that many of his clients have forgotten their fund account passwords and now want to retrieve them. some customers also said that the stocks they bought before could not survive, so they cut off the stocks, and they regretted it a bit. in fact, in his opinion, investment should be a friend of time and hold promising targets for a long time.

in addition, he also said that just last week no one was talking about stocks, but now they are all the rage, so investors really need to pay attention to the risks. whether it is individual stocks or industry funds, if you want to invest, you must do some research on the field. if not, buy some large index funds.

"we don't close during holidays because the market is so hot, so we can actively help customers open accounts. we work overtime 24 hours a day," the staff member said. he also said that when opening an account, it depends on the frequency of customer transactions, and he can help apply for a lower commission rate.

the vice president of the shanghai branch of a leading securities firm said that there are basically no on-site retail account rooms and large account rooms, so there are very few on-site customers to open accounts. they all open accounts on mobile phones, which has been very popular recently.

the general manager of a large securities firm in shanghai also said that many customers are now opening accounts online. “opening an account via mobile phone can be done in 10 minutes at the fastest, but it’s slower in person.”

a staff member of an internet brokerage firm said, "our online account opening experience is very good. customers are also willing to use it, and the app has been overwhelmed recently."

there’s no time to “sit down” when running financial services

brokerages are busy warning about risks, don’t follow the trend and enter the market

although there are not that many customers opening securities accounts on-site, people from the brokerage sales department said that many customers have recently come to the sales department to open two-margin accounts.

in the sales department of a securities company near century avenue, mr. fund saw many investors coming to open accounts for margin trading and securities lending.

"it's very popular in the morning. there are many people queuing up early in the morning. now there are very few people who come to the counter to open securities accounts, and those who come to the counter are all here to open two financing." a staff member of a large southern securities firm said that recently, many people came to the counter to open two financing. the business has many customers, of all ages.

at around 3 o'clock in the afternoon, mr. jin was sitting on the sofa in the sales department and saw an aunt coming to deal with a bank card issue. her account manager came out after a few minutes and told the aunt bluntly, "many people came to handle it before 3 o'clock." business, i’m in a hurry to do business, but i’m so busy that i haven’t even sat down on the stool. everyone is in a hurry to open the business and get on the bus before the holiday.”

the staff of the aforementioned internet brokerage said that there have been a lot of reservations for the two financial institutions recently, but there are no very popular sites.

the aforementioned person from the sales department of a large brokerage on pudong south road said that they cannot handle margin financing business now because margin financing requires a counter visit and an appointment in advance. “moreover, the market is moving too fast. many stocks have risen by 30% to 40% recently. it’s definitely not appropriate to add liangrong to chase the rise.”

in the sales department of a brokerage on lujiazui ring road, a staff member told fund jun, "our advice to investors is not to blindly follow the trend. in the past two days, due to many favorable policies, the market has risen too fast. in the past few years, the market has fallen it has been a long time, and investor sentiment has been suppressed for too long. recently, many investors have come to open accounts, and some may have never been exposed to stocks in the past.”

the losing account finally turned red

brokerage firms “not closed” during holidays

on the way back from the survey, a driver told mr. fund that recently, the number of passengers he drove had significantly increased in chatting about stocks. "i just took a passenger and her daughter to the mall. her husband was trading stocks at home and said he didn't have time to go. you can spend the money as you like, but he has to trade and cannot leave the house."

several classmates have recently contacted fund managers to ask whether they can invest in the stock market and how long the market can last.

a classmate who works in an internet company said that he entered the stock market on the morning of september 30 and bought the csi 300 etf and the hang seng technology etf. “my account has finally recovered its capital. now i am buying some index funds and plan to sell them after the holiday.” . it doesn’t matter if it falls, just put it in the account.”

fund owners are also pleased to find that a few funds that have been heavily increasing their positions in the past few years have finally begun to become popular, mainly value-oriented funds.

many brokerage employees posted messages on their wechat moments that their companies would be “open” during the national day holiday and actively handle business for customers.

a person from the sales department of a certain securities firm said that during the national day, the business will be open normally and account openings will be accepted on-site without queuing. at the same time, online account opening and investment consulting services can be provided through private chat on wechat, and senior investment consultants are online 24/7.