Home » Revenue doubled during the year, Xincheng’s emerging industry scale exceeded 10 billion yuan_investment

Revenue doubled during the year, Xincheng’s emerging industry scale exceeded 10 billion yuan_investment

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Original title: Revenue doubled during the year, Xincheng’s emerging industry scale exceeded 10 billion yuan

Shanghai Securities News China Securities Net (reporter Lu Haiqing) doubled base hit again. Wind data shows that as of October 25, Xincheng Emerging Industries has doubled its revenue this year, ranking first with 103.64% revenue. It is worth mentioning that the income of Xincheng’s emerging industries also doubled last year. This is currently the only fund in the market that has doubled its income for two consecutive years. The performance and scale formed a virtuous circle. The third quarter report of Xincheng Emerging Industries showed that as of the end of the third quarter, the fund size exceeded 10 billion yuan, an increase of nearly 6 times from the end of the second quarter.

From the perspective of performance, Xincheng’s emerging industries have won many championships. Wind data shows that as of October 25, Xincheng Emerging Industries has a return rate of 181.07% in the past year, ranking first among 1352 funds of its kind. From the perspective of lengthening the deadline, the performance is even more eye-catching. Specifically, the rate of return in the past two years was 352.83%, ranking first among 825 funds of its kind. In the past three years, the rate of return was 475.88%, still ranking first among similar funds.

Outstanding performance combined with a large number of purchases by investors, Xincheng’s emerging industry scale has also achieved a leap. According to data from the third quarter report of the fund, as of the end of the third quarter, the scale of Xincheng’s emerging industries reached 10.196 billion yuan, an increase of 571.64% from the end of the second quarter.

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As the leader of Xincheng’s emerging industries, Sun Haozhong has experienced more than 14 years of investment research and has been deeply involved in new energy (electric vehicles + photovoltaics), advanced manufacturing and other fields. In practice, he has continuously polished and summarized his investment framework and formed his own set. The “Three Character Classic” refers to a combination of three factors: prosperity, structure, and valuation, to buy individual stocks in three dimensions in the short, medium and long term.

He said that in the future, he will further look for investment opportunities in sub-sectors such as photovoltaics, new energy vehicles, clean energy power generation, and power transmission and distribution equipment, and continue to look for high cost-effective targets in the pan-manufacturing field with energy reform as the core.

It is worth noting that continued upward performance is also inseparable from the support of mature investment research platforms. The growth team of CITIC-Prudential Funds has always adhered to the value growth investment philosophy, that is, investing on a high-quality track, focusing on the matching degree of corporate growth and valuation. In the past two years, growth style fund managers have honed their investment strategies in line with their own style preferences. By grasping the sweet range of investment opportunities with high growth and matching valuations, they have made outstanding investments in industries such as technology, new energy, consumption, and advanced manufacturing. Performance.

Wind data shows that as of October 25, among the 36 active equity funds under CITIC-Prudential (including common stock type, partial stock hybrid type, and flexible configuration type), a total of 3 products have doubled in a year, and 8 products have doubled. Doubled every year, and 4 of them doubled in two years.Return to Sohu to see more

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Editor:

Disclaimer: The opinions of this article only represent the author himself. Sohu is an information publishing platform. Sohu only provides information storage space services.

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