On June 22, Goertek's stock price crashed at the opening, hitting the limit in less than 20 minutes. As of the closing price, it was trading at 34.09 yuan per share, with a total transaction volume of 5.6 billion yuan throughout the day.

is confused!

html On June 22, the share price of Goertek crashed at the opening , hitting the limit in less than 20 minutes. As of the closing price, it was 34.09 yuan per share, with a total transaction volume of 5.6 billion yuan throughout the day.

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For this reason, #Goertek shares# once became a hot search.

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So what exactly happened that made the flash crash of Goertek Co., Ltd. attract so much attention? What other funds will suffer?

1. Behind the flash crash and limit drop

Public information shows that Goertek Co., Ltd. was established Founded in 2001, it is mainly engaged in the R&D, manufacturing and brand marketing of precision components such as acoustics, sensors, optoelectronics, and 3D packaging modules, as well as intelligent hardware such as virtual/ augmented reality , smart wearables, smart audio, and robots.

Goertek is the leader in VR and one of the "Three Musketeers of the Fruit Chain". The most eye-catching label given to it by the outside world is "AirPods OEM" .

Just last month, Orient Securities called out the target price of Goertek shares as high as 54 yuan.

Since the second quarter, Goertek has been ranked at the top of the fund research list, attracting more than 100 fund companies to gather for research. In terms of

's performance, according to the previously released quarterly report, the company's operating income in the first quarter of 2022 was 20.11 billion yuan, a year-on-year increase of 43.4%; net profit after non-attributed profits was 878 million yuan, a year-on-year increase of 46.1%.

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So, what is wrong with Goertek?

On the interactive platform of the Shenzhen Stock Exchange, an anxious investor asked the secretary of the board of directors: There are market rumors that Goertek VR has been significantly cut off , please tell me about your company Dispel the rumors!

Goertek’s latest response stated that the company’s production, operations and order status are normal and there have been no major changes that need to be disclosed.

Earlier, when 21 reporters called the company's securities department as an investor, relevant sources said: The company is also understanding the situation, the company's operations are stable, and there is no need to adjust its second quarter expectations.

2. Many funds are "lying", these two are the worst

Wind data shows that in the first quarter of 2022, the number of funds holding Goertek shares reached 241 .

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The top five positions in are: E Fund's competitive advantage enterprise A, E Fund's research selection , China Securities 5G Communications Theme ETF , E Fund's mid-cap growth , E Fund's Yuxiang return , holding 26.1 million shares, 20.56 million shares, 17.97 million shares, 16.86 million shares, and 10.55 million shares respectively.

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E Fund's E Fund competitive advantage enterprise A and E Fund research selection, is among the top ten shareholders of Goertek.

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Among them, E Fund Competitive Advantage Enterprise A was established in January 2021, with the latest fund size of 12.844 billion yuan (2022-3-31); E Fund Research Select was established in February 2020, with the latest fund size of 9.811 billion yuan ( 2022-3-31).

In terms of the top ten heavyweight stocks, the latest ones of E Fund's competitive advantage enterprise A are: Longi Green Energy , Midea Group , Goertek , Shanxi Fenjiu , Kweichow Moutai , Wuliangye , Tongwei Co., Ltd. , Luzhou Laojiao , Hong Kong Stock Exchange , China Merchants Bank .

Judging from the industry distribution of heavy holdings, the fund invests diversified in information technology, consumption, finance and other industries.

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E Fund Research Selection holds: Longi Green Energy , Kweichow Moutai , Goertek , Midea Group , Wuliangye , Luzhou Laojiao , Shanxi Fenjiu , China Resources Beer , China Merchants Bank , Tongwei Shares .

Judging from the industry distribution of heavy holdings, the fund also invests diversified in information technology, consumption, finance and other industries.

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As you can see, Goertek is the third largest holding of in both funds. Affected by this, according to Tiantian Fund Network estimates, on June 22, E Fund's competitive advantage enterprise A and E Fund Research Select both fell by more than 1.5%.

extended the time, and both funds have performed poorly this year (as of June 21). Among them, E Fund's competitive advantage enterprise A fell by 13.77%, and E Fund's research selection fell by 15.49%, both underperforming the market .

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It is worth mentioning that the fund managers of both funds are Feng Bo. Public information shows that Feng Bo has been investing for 12.48 years, has 5 funds under management, and has a fund scale of 35.385 billion yuan. In addition to E Fund's competitive advantage enterprise and E Fund's research selected , there are also E Fund's industry-leading , E Fund's mid-cap growth , and E Fund's Taiqi . Among them, the highest annualized return on employment (as of June 21) is E Fund's mid-cap growth, reaching 24.63%.

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3. What do institutions think?

html Since May, many brokerage institutions have given Goertek shares a buy rating .

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Oriental Securities said that it continues to be optimistic about the company’s continuously consolidated core competitiveness and long-term growth trend. VR/AR is the company’s highlight, but the company is by no means limited to VR/AR.

West China Securities predicts that AR will further develop rapidly in various industries, and the company has a promising future.

Haitong International gave Goertek an "outperform" rating, saying it is expected to maintain a certain market share in the current VR machine market.

4. Faced with the flash crash of heavy stocks, what should Christians do?

The flash crash of Goertek shares will inevitably have a certain impact on related funds.

But Christians, don’t panic:

• On the one hand, the most taboo thing about investment funds is to care too much about short-term fluctuations.

• On the other hand, fund managers conduct repeated research, verification, and careful consideration before choosing each stock to invest in. Choosing it indicates to some extent that you also recognize the prospects of that stock.

Therefore, it is best not to choose to redeem the fund immediately on the same day just because of a flash crash of heavily held stocks , but to learn to look at what happened dialectically.

Because not all flash crashes are caused by "black swan" events , some or mainly due to disturbances in market sentiment. Before figuring it out, investors may wish to observe it for a few more days to see the subsequent performance before making a decision.

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