Source | Deep Blue Finance
Written by | Wang Xin
Kill a white horse a day, and today it is the turn of "Coupon Mao" Oriental Wealth.
In the afternoon, Fang Fortune, a weighted shareholder of the GEM with a market value of 180 billion yuan, was accurately "sniped", and dived in a straight line during the session, and 805,800 shareholders were "buried alive". As of the close, Oriental Wealth fell 6.88%, and its market value evaporated by 12.3 billion yuan.
Oriental Fortune plummeted, driving the collective weakening of securities stocks, and the closing sector rose -1.8%, the first from the bottom of the two markets.
In the face of the abnormal decline, the staff of Oriental Wealth responded that the company's operation and management were normal. However, according to an online picture, the collapse of Oriental wealth may be related to two rumors.
First, the brokerage company self-checked whether the IP of the relative's account was consistent with the employee, and it was a five-year backcheck and was fired in violation of regulations... This news cannot be verified at present, if it is true, it is a fatal blow to the brokerage industry's repeated violations of stock speculation, rat warehouses and other behaviors.
The second is the news from the daily economic news that the new commission rate regulations will be officially implemented on July 1, the reporter learned from a number of companies in the industry that the newly signed passive index product commission rate is unified according to 10,000 2, and the commission rate of actively managed products is unified according to 10,000 5. Not only that, some large-scale products may further break through 10,000 2 and drop to 1,000. In addition, since passive equity funds are not allowed to pay for other expenses such as research services and liquidity services through trading commissions, a number of index fund managers told reporters: "This part of the fee can only seek support from the company and be paid by the company." ”
We have noticed that since June 26, a number of authoritative media have reported the news, which is indeed a blow to Oriental Wealth, which accounts for a large proportion of fund sales revenue.
In 2023, Oriental Wealth's total operating income will be 11.081 billion yuan, a year-on-year decrease of 11.25%; The net profit attributable to the parent company was 8.193 billion yuan, a year-on-year decrease of 3.71%.
During the reporting period, the company's main businesses include securities business, financial e-commerce service business, financial data service business, etc. Among them, the financial e-commerce service business mainly provides users with fund sales services through Tiantian Fund. Among them, the revenue of financial e-commerce service business in 2023 will be 3.625 billion yuan, accounting for 32.71% of the total operating income, which means supporting nearly one-third of the company's revenue.
As of the end of 2023, Tiantian Fund has launched a total of 18,181 fund products from 155 public fund managers, with a holding scale of 549.6 billion yuan in non-money market public funds and 402.9 billion yuan in equity funds, with cumulative fund sales exceeding 10 trillion yuan.