The fund plummeted, why can't young people avoid being cut?

Source: admin Time: 2021-02-23

On February 22, #基金# once again became a hot topic on Weibo, just three days after the last time it was on February 18.
February 18th was the first trading day of the Year of the Ox. Almost everyone believed that the A-share market would have a good start, but there were some happy and some worried in the A-share market that day. The leading stocks that were grouped together by institutional funds suffered a collective heavy loss, while the unpopular small and medium-sized stocks and cyclical stocks finally had a good time. The young people who followed the trend and bought the Internet celebrity funds were dumbfounded, as they might become the final buyers.
A stampede is happening. On February 22, star funds in the liquor and pharmaceutical industries that young people like to buy all plummeted. The China Merchants CSI Platinum Index fell 8%, the China Europe Healthcare Hybrid Index fell 5%, and the E Fund Blue Chip Select Hybrid Index fell 5%. It has become the norm for funds to rise and fall sharply and become a hot topic.
Just a month ago, many young people saw that funds were booming and frequently appeared on hot searches on Weibo, so they rushed into the fund market, hoping to make a fortune during the New Year. But now, not being trapped is already the best outcome, and more people have to bear the pain of floating losses.
For a while, in addition to Weibo, many young people also sought answers in communities such as Douban, Zhihu, and Bilibili, asking for advice: should they sell or continue to buy on dips? Communities and social groups have become a way for young people to solve their doubts. Keeping together, asking each other, and seeking recommendations have become the main basis for young people's investment behavior. Many young people even began to worship celebrity fund managers like chasing stars.
"The best KunKun in the world is not Cai Xukun, not Xie Guangkun, but Zhang Kun!"
"KunKun flies bravely, iKun will always be with him. KunKun never gets old, he will always be a blue chip."
The "iKun"s shouted loud slogans, and Cai Xukun was confused when he heard them, but the "Kun Kun" mentioned by the fans was not that "Kun Kun". They were fans of Zhang Kun, the manager of E Fund. They set up a fan support club, ranked on the super topic, and made Zhang Kun, who does not belong to the entertainment industry but has become a "top star with hundreds of billions", a hot search on Weibo. This fund manager, the first in the history of public offering to manage funds worth over 100 billion, never expected that young people would be so good at playing.
According to Tiantian Fund Network, Zhang Kun has a total investment experience of more than 8 years. He currently manages five funds with an asset management scale of over 100 billion yuan. Among them, the "E Fund Blue Chip Select" fund has a large position in first-tier liquor and bets on Hong Kong-listed Internet leaders such as Tencent and Meituan. The growth rate in the past year has been extraordinary, which has successfully made Zhang Kun famous. On Weibo, "iKun" set up the E Fund Zhang Kun Global Fan Club and the E Fund Zhang Kun National Fan Club for him. Both fan clubs have nearly 20,000 fans. The photos of Zhang Kun with "attracting wealth and treasure" have made him the second person to be praised as a "lucky fish" by netizens after Yang Chaoyue.