Above audio technology comes from: iFLYTEK Audio
Labor Day holiday for four days
General Office of the State Council: This year's Labor Day holiday for four days
3 On March 22, the General Office of the State Council announced the May Day holiday adjustment plan today, and the holidays will be adjusted from May 1 to 4, 2019. Go to work on April 28 (Sunday) and May 5 (Sunday). Some netizens gave me a May Day leave guide. For migrant workers in securities companies, they can enjoy a 5-day holiday. If they take two days off on Monday and Tuesday, they can take 9 days in a row.
tourism sector soared across the board
Affected by this news, the A-share tourism sector rose rapidly. As of the closing, the tourism sector index rose by more than 2%, CITIC Tourism and Xi'an Tourism hit the daily limit, Zhangjiajie rose by more than 8%, Yunnan Tourism, Dadonghai A and Guilin Tourism rose by more than 6%.
Development and Reform Commission: The policy of exempting small passenger bus tolls will be implemented during the May Day holiday
On March 22, a relevant official from the Development and Reform Commission said that after the State Council announced the adjustment arrangements for the Labor Day holiday, the relevant departments will do a good job in the relevant work in a timely manner, conscientiously implement the policy of exempting small passenger bus tolls on major holidays, improve tourism service facilities, strengthen market supply guarantees, and create a good environment for residents to travel during the Labor Day holiday.
"Four Day holidays for May Day" was announced within one hour, the number of international air ticket searches soared 10 times
3 On March 22, according to the data from Qunar.com platform, within one hour of the release of holiday news, Qunar.com's air ticket searches rose rapidly, and the number of international air tickets searches increased by 10 times.
Macro dynamics
Xi Jinping gave important instructions on the "3.21" explosion accident and required all efforts to rescue and rescue to learn profound lessons
At about 14:48 on March 21, an explosion occurred in Tianjiayi Chemical Storage Tank, Chenjiagang Town, Xiangshui County, Yancheng City, Jiangsu Province. After the accident, Xi Jinping, who was visiting abroad, immediately made important instructions, requiring Jiangsu Province and relevant departments to make every effort to rescue and rescue, search and rescue trapped people, treat the injured in a timely manner, do a good job in the aftermath, and effectively maintain social stability. We must find out the cause of the accident as soon as possible, release authoritative information in a timely manner, and strengthen public opinion guidance.
At the same time, the State Council decided to establish the "3•21" special major explosion accident investigation team of Jiangsu Xiangshui Tianjiayi Company and has carried out investigation work. Comrade Huang Ming, Secretary of the Party Group and Deputy Minister of the Ministry of Emergency Management, served as the group leader.
According to Xinhua News Agency , the "3.21" explosion accident in Jiangsu Xiangshui Tianjiayi Company has caused 47 deaths and 90 serious injuries as of 17:00 on the 22nd, and some people have been slightly injured. All ignited storage tanks and 5 ignition points have been extinguished.
According to the Securities Times, the companies in the Xiangshui Chemical Park where the explosion occurred include subsidiaries of listed companies such as Yak Technology, Lianhua Technology , Annuoqi, and Jiangsu Wuzhong : Xiangshui Yak Chemical Co., Ltd., Lianhua Technology Yancheng Co., Ltd., Jiangsu Annuoqi Chemical Co., Ltd., Xiangshui Henglida Technology Chemical Co., Ltd. All enterprises in the park are temporarily suspended, and all companies closely monitor the progress of the incident. Annuoqi said that its reactive dye factory will be affected and postponed, but the profit of reactive dyes is very small. This incident will cause the price increase of dispersed dyes, and the company's profit accounts for 70 to 80%. Overall, the company's profits are greater than the loss of reactive dyes.
The Ministry of Foreign Affairs responded to the US sanctions on two Chinese companies: China strictly implemented the resolutions involving North Korea and has made solemn representations to the US
The US Treasury Department issued a document on the 21st, accusing two Chinese companies engaged in maritime business, Dalian Haibo International Freight Forwarding Co., Ltd. and Liaoning Danxing International Freight Co., Ltd. violated the UN Security Council sanctions resolution on North Korea, helped North Korea conduct maritime activities, helped it "bypass sanctions", and announced sanctions on the above companies. At the regular press conference of the Ministry of Foreign Affairs held on the afternoon of the 22nd, a reporter from Yonhap News Agency asked questions about this matter. In his response, spokesman Geng Shuang said that China has always conscientiously and strictly implemented the resolutions related to North Korea adopted by the Security Council. He also said that he had made solemn representations to the US on this matter.
The Development and Reform Commission issued the "Hundreds" key energy-using units
In accordance with the requirements of the "Notice on the Related Matters Related to the "Hundreds and Thousands" Action of Key Energy-using Units" issued by the Development and Reform Commission, each region reported the list of key energy-using units in their regions to the Development and Reform Commission. The Development and Reform Commission, in conjunction with relevant departments, reviewed the relevant list and identified 99 key energy-using units as the "Hundreds" key energy-using units (about 100 key energy-using units with the highest energy consumption in the country). Air China ranked first.
The EU summit ends, and the UK's Brexit deadline is almost certain to be extended
The EU learned from a letter from British Prime Minister Theresa May that the UK demands an extension of the Brexit deadline. The EU agreed to extend the period until May 22, but only if the British Parliament supports the Brexit agreement in the vote next week; if the parliament does not support it, the UK must leave the EU on April 12. The Brexit agreement cannot be negotiated again. Statements issued by either party must comply with the Brexit agreement. The EU remains calling for preparation for a no-deal Brexit.
CSRC: It will pay close attention to breach of trust behaviors such as inflated rating agencies rating fraud and fraudulent
On March 22, CSRC spokesperson Gao Li said that the CSRC completed the on-site inspection of securities rating agencies in 2018, involving 7 securities rating agencies. The inspection found problems including the lack of conflict of interest prevention mechanisms, inadequate rating quality control, inadequate implementation of tracking and rating system, and insufficient due diligence investigation of asset securitization projects. In the next step, the CSRC will pay close attention to breach of trust such as inflated ratings, rating bubbles, and rating fraud. The tenth batch of game version numbers of
was issued, Tencent NetEase is not listed
22, the official website of the former State Administration of Press, Publication, Radio, Film and Television showed that the tenth batch of game version numbers had been issued, with a total of 73, and the approval time was March 20. Tencent and NetEase’s games were not approved in this batch of version numbers. Tencent’s annual report released on the 21st disclosed that since the resumption of the version number, the company has approved 8 models (including 7 mobile games and 1 PC game).
Kunming Pan Asia Nonferrous Metals Company and other units, Shan Jiuliang and 21 others were sentenced to
On March 22, the Intermediate People's Court of Kunming City, Yunnan Province held a public hearing, and announced a first-instance judgment on the case of illegally absorbing public deposits and embezzlement of offices by Kunming Pan Asia Nonferrous Metals Exchange Co., Ltd. and 21 defendants including Shan Jiuliang and 21 others. They were charged with illegally absorbing public deposits and engaging in Kunming Pan for the crime of illegally absorbing public deposits. Asia Nonferrous Company was sentenced to a fine of RMB 1 billion, and three defendants including Yunnan Tianhao Xigui Company were fined RMB 500 million, RMB 50 million and RMB 5 million respectively. The defendant Shan Jiuliang was sentenced to 18 years in prison for illegally absorbing public deposits and embezzlement, and confiscating his personal property, RMB 50 million and fined RMB 500,000 respectively. The defendants including Guo Feng, Zhang Peng, Wang Biao, Yang Guohong were held accountable for corresponding criminal liability in accordance with the law.
Li Xinhua, former member of the Party Leadership Group and deputy general manager of China Petroleum and Natural Gas Group, was under review and investigation
According to the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the State-owned Assets Supervision and Administration Commission, and the Sichuan Provincial Commission for Discipline Inspection and Supervision: Li Xinhua, former member of the Party Leadership Group and deputy general manager of China Petroleum and Natural Gas Group Co., Ltd., is currently under review and investigation.
Liu Hong, Party Secretary and President of PICC Investment Holdings, was subject to disciplinary review and supervision investigation.
According to the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the National Supervisory Commission stationed in China People's Insurance Group Co., Ltd. and the Shandong Provincial Supervisory Commission: Liu Hong, Secretary of the Party Committee and President of the Party Committee of PICC Investment Holding Co., Ltd., is suspected of serious violations of discipline and law. She is currently undergoing disciplinary review of the Discipline Inspection and Supervision Group of the Central Commission for Discipline Inspection and the National Supervisory Commission stationed in China People's Insurance Group Co., Ltd. and an investigation into the supervision of the Shandong Provincial Supervisory Commission.
China Securities Regulatory Commission: The overall management capacity of asset securitization business of fund subsidiaries is weak
On March 22, China Securities Regulatory Commission spokesperson Gao Li said that in order to further standardize the asset securitization business's asset securitization business and improve the level of risk management such as internal control and compliance. The China Securities Regulatory Commission recently deployed 36 securities regulatory bureaus and other departments to conduct on-site inspections on the asset securitization business of securities companies and fund subsidiaries. It was found that compliance awareness and practice level have steadily improved. However, the fund subsidiaries' due diligence and expiration management capabilities are generally weak.The main problems include insufficient independence of due diligence, inadequate operation of underlying assets, irregular and incomplete information disclosure, etc.
CSRC imposed administrative penalties on six cases
CSRC spokesperson Gao Li said on the 22nd that the Guangdong Securities Regulatory Bureau imposed administrative penalties on Guangdong Asian Investment’s violation case in accordance with the law, Qingdao Securities Regulatory Bureau imposed administrative penalties on the case of Liu Jiaqing’s fund practitioners failing to apply for securities investment in accordance with regulations, and Shanxi Securities Regulatory Bureau imposed administrative penalties on Zhang Jianwu’s insider trading “Yicheng New Energy” case. The Jilin Securities Regulatory Bureau imposed administrative penalties on Feng Tie and Guan Jian’s insider trading cases; and imposed administrative penalties on illegal and irregular cases such as Dongfang Huijin Futures providing financing to other related parties.
China Financial Futures Exchange further improves hedging transaction management
On March 22, 2019, China Financial Futures Exchange issued the "Notice on the Management Requirements for Financial Futures Hedging Transactions". The "Notice" will be officially implemented from March 25, 2019. According to a relevant person in charge of CICC, the issuance of the "Notice" aims to promote the standardized development of the financial futures market, strengthen the refined management of hedging transactions, improve the risk management functions of financial futures, and meet the reasonable needs of market participants. Next, CICC will continue to track market trends, continuously improve hedging management rules, improve market operation efficiency, and promote healthy, stable and sustainable development of the market.
Guangdong Securities Regulatory Bureau: 20 companies have completed Science and Technology Innovation Board Listing Tutoring Regulatory
According to Southern Daily, Qiu Yong, Secretary of the Party Committee and Director of the Guangdong Securities Regulatory Bureau, said that at present, 20 companies in Guangdong that intend to apply for the Science and Technology Innovation Board have completed the tutoring registration procedures at the Guangdong Securities Regulatory Bureau; on March 13, the Guangdong Securities Regulatory Bureau completed the on-site acceptance of the first Science and Technology Innovation Board intention company in the jurisdiction.
New regulations on housing provident fund loans in Henan: Purchase the first house in Zhengzhou, the maximum loan amount will be adjusted to 800,000 yuan
On March 22, the Housing Fund Management Center of the Provincial Government of Henan Province announced the "Notice on Adjustment of Housing Provident Fund Loan Policy", which pointed out that both spouses have paid housing provident fund normally in provincial centers for more than 6 months. Purchase the first house in Zhengzhou, meeting the conditions for housing provident fund loans for provincial centers. The maximum loan amount is adjusted from the original 600,000 yuan to 800,000 yuan, and in other cases, the loan amount is adjusted from the original 400,000 yuan to 600,000 yuan.
Foreign Exchange State Administration of China: In February 2019, the total transaction volume of China's foreign exchange market was 12.83 trillion yuan
In February 2019, the total transaction volume of China's foreign exchange market was 12.83 trillion yuan (equivalent to US$1.90 trillion). Among them, banks traded RMB 1.64 trillion (equivalent to US$243.8 billion), interbank market traded RMB 11.18 trillion (equivalent to US$1.66 trillion); spot market cumulative transactions RMB 4.65 trillion (equivalent to US$6896 trillion), derivatives market cumulative transactions RMB 8.18 trillion (equivalent to US$1.21 trillion). From January to February 2019, China's foreign exchange market had a total transaction volume of RMB 32.40 trillion (equivalent to US$4.79 trillion).
Financial institutions
Investment, CITIC and Minsheng Securities each sponsor 2 Science and Technology Innovation Board acceptance companies
Among the 9 Science and Technology Innovation Board acceptance companies announced by the Shanghai Stock Exchange, China Merchants Securities sponsored by Wuhan Keqian Biology and Anhan Technology, Changjiang Securities sponsored by Hejian Chip, CITIC Securities sponsored by sponsored by Ningbo Rongbai and Ruichuang Micronano, Minsheng Securities sponsored by Li Yuanheng and Tiannai Technology, Dongwu Securities sponsored by Jiangsu Beiren, and Guotai Junan sponsored Jingchen Semiconductor.
China Securities Regulatory Commission: There are still problems such as information disclosure and the use of raised funds for securities companies
China Securities Regulatory Commission spokesperson Gao Li said on the 22nd that the China Securities Regulatory Commission completed a special on-site inspection of the corporate bond business in 2018 and found that the compliance level of securities companies' corporate bond business has been significantly improved, and the system is not sound and the underwriting is not standardized has been greatly reduced, but problems such as information disclosure and use of raised funds still exist. The relevant securities regulatory bureaus have issued warning letters to five institutions, ordered corrections, conducted extended inspections of securities companies, and adopted 16 regulatory measures against 4 responsible persons of 12 institutions. The CSRC will further strengthen the institutional construction and daily supervision of the corporate bond market, and severely punish illegal and irregular behaviors.
Ping An Life A small shareholder withdrew, and the group's shareholding ratio increased
The official website of the China Banking and Insurance Regulatory Commission announced the "Approval on the Change of Shareholders of China Ping An Life Insurance Co., Ltd.". After review, it was agreed that Beijing Dadi Technology Industrial Corporation will transfer the 53,968 shares of Ping An Life Insurance to China Ping An Insurance (Group) Co., Ltd. After the acquisition, China Ping An Insurance (Group) Co., Ltd. held 33.635 billion shares of Ping An Life Insurance, accounting for 99.5129% of the total share capital. After the transfer, Beijing Dadi Technology Industry Corporation no longer holds shares in Ping An Life Insurance.
Chen Guangming's public offering subscription application exceeded 71 billion yuan, with an allocation ratio of about 7.04%
On March 22, Ruiyuan Growth Value announced the early settlement of the fundraising, and investors received confirmation text messages one after another. Among them, Class C shares were fully confirmed, and proportional allocation was not initiated; Class A shares were allocated at about 7.04%. According to Securities China, the fund's valid subscription application on the 21st exceeded 71 billion yuan.
37 companies "officially announced" that they plan to apply for the Science and Technology Innovation Board. CITIC Securities' sponsored projects are the top
According to the incomplete review of statistics from Interface Cailianshe, as of March 22, as of March 22, the market has exposed as many as 59 science and technology innovation board reserve companies. Except for the shareholders or senior executives of several companies that disclosed their intentions in an unofficial form, there are 37 companies that have clearly stated that they have "officially announced" that they intend to apply for the Science and Technology Innovation Board, while this number is only a dozen last week. Among the 41 Science and Technology Innovation Board reserve companies that have announced the guidance of securities companies, CITIC Securities, CITIC Construction Investment Securities , and CICC have occupied 19 places, and CITIC has led 9 companies, while the rest of the securities companies only provide guidance of one company.
Market data
Shanghai Composite Index fluctuated around 3100 points, and industrial hemp concept stocks continued to be strong
On March 22, the Shanghai Composite Index rose 0.09% to close at 3104 points; the Shenzhen Component Index rose 0.10% to close at 9879 points; the ChiNext Index fell 0.59% to close at 1693 points. The Shanghai Stock Connect had a net inflow of 200 million yuan, and the Shenzhen Stock Connect had a net outflow of 1 billion yuan. The Shanghai Composite Index fell back to the 10-day line during the session, and recently it repeatedly fluctuated around 3100 points. The concept of industrial hemp continues to be strong, while the ChiNext Index performed weakly. Some theme stocks began to recede, and the map speculation markets such as Xiongan New Area , Shanghai Free Trade and other map speculation have performed.
The financing balance of the two markets rose for 5 consecutive days, exceeding 900 billion yuan
As of March 21, the financing balance of the Shanghai Stock Exchange was 549.424 billion yuan, an increase of 5.196 billion yuan from the previous trading day; the financing balance of the Shenzhen Stock Exchange was 352.862 billion yuan, an increase of 4.154 billion yuan from the previous trading day; the total of the two markets was 902.286 billion yuan, an increase of 9.35 billion yuan from the previous trading day. The total financing balances of the two cities rose for five consecutive days, returning to above 900 billion yuan, the first time since July last year.
Company News
Dagong International Assessment was ordered to rectify within a time limit, with a one-year
spokesperson of the China Securities Regulatory Commission Gao Li introduced today that the China Securities Regulatory Commission recently completed the special on-site inspection of securities rating agencies in 2018.
Evergrande Health: A loss of 1.428 billion yuan last year, mainly due to the signing of a restructuring agreement with FF
Evergrande Health announced its 2018 financial report. The report shows that in 2018, Evergrande Health's revenue was 3.133 billion yuan and its member consumption was 3.46 billion yuan; its loss was 1.428 billion yuan, mainly due to the restructuring agreement signed with Faraday Future in 2018, and the loss of disposing of the associated company was recognized as 138 million yuan.
Yuan Liuhongyuan Electronic Technology's first launch and passed the meeting
According to the Securities Times, Beijing Yuan Liuhongyuan Electronic Technology Co., Ltd., which was first launched on March 22, successfully passed the meeting.
Xiaomi denies Lei Jun reduced his holdings by 378 million shares: voting rights change on behalf of others
According to Sina Technology, in response to the rumors on the Internet that Lei Jun reduced his holdings of Xiaomi 378 million shares, Xiaomi responded that Lei Jun did not reduce his holdings of shares, but only changed the number of voting rights for his Class B shares. Xiaomi also released documents on the matter from the Hong Kong Stock Exchange. The document shows that on March 11, 2019, the number of voting rights of 378 million Class B shares held by Lei Jun was terminated.
Phoenix Media : The wholly-owned subsidiary indirectly invested 7.23 million yuan in Ant Financial
Phoenix Media revealed on the investor interaction platform on March 22 that the company's wholly-owned subsidiary Jiangsu Phoenix Media Investment Co., Ltd. indirectly invested 7.23 million yuan in Zhejiang Ant Micro Financial Services Group Co., Ltd. through Beijing CICC Jiazi Luhao Equity Investment Partnership (Limited Partnership).
Shanghai Airport : Net profit in 2018 increased by 15% year-on-year, and plans to pay 6.6 yuan for 10
Shanghai Airport disclosed its annual report, with a net profit of 4.231 billion yuan in 2018, a year-on-year increase of 14.88%. In 2018, operating income was 9.313 billion yuan, an increase of 15.51% year-on-year. It is planned to pay 6.6 yuan for 10 yuan.
Shenzhen Expressway achieved a net profit of 3.44 billion yuan in 2018, an increase of 148% year-on-year
Shenzhen Expressway announced its 2018 annual report, achieving operating income of 5.807 billion yuan, an increase of 11.45% year-on-year; and achieved a net profit attributable to shareholders of listed companies of 3.44 billion yuan, an increase of 148% year-on-year.
Chongqing Water Affairs: Net profit in 2018 decreased by 30% year-on-year
Chongqing Water Affairs disclosed its annual report, with a net profit of 1.422 billion yuan in 2018, a year-on-year decrease of 31.12%. In 2018, operating income was 5.171 billion yuan, an increase of 15.38% year-on-year. It is planned to pay 2.8 yuan for 10 yuan.
Changan Automobile, Alibaba and others spent 9.76 billion yuan to establish a shared travel company
Changan Automobile stated that it plans to jointly establish a Nanjing Lingxing Equity Investment Partnership with Suning Investment, FAW Group, Alibaba Venture Capital, etc., with a total share of 9.76 billion yuan, of which Changan Automobile subscribed capital of 1.6 billion yuan. After the establishment of the partnership, it plans to invest in the shared travel industry mainly based on new energy vehicles and form a travel company.
ST Dahua B: Dahua Group and its company's production equipment plan to drive in mid-June
ST Dahua B announced that according to the comprehensive rectification of the operation process, Dahua Group plans to drive in mid-June 2019, and the company also plans to drive in mid-June 2019.
Actu Technology's net profit in 2018 decreased by 28.7% year-on-year
Actu Technology's financial report shows that its annual revenue was 18.13 billion yuan, a year-on-year decrease of 14.1%, and the market estimate was 19.15 billion yuan; net profit was 3.8 billion yuan, a year-on-year decrease of 28.7%, and the market estimate was 4.03 billion yuan; the final dividend per share was 1.03 HK$.
Sanbo Group: It has completed the redemption of 186 million yuan of principal and interest of individual investors "12 Sanbo Bonds"
Sanbo Group announced on the 22nd that the company has allocated 186 million yuan of debt repayment funds to designated bank accounts on the 20th according to relevant arrangements to redeemed the principal and interest of this bond held by the individual investors' accounts of "12 Sanbo Bonds". On March 21, China Securities Login Shanghai Branch distributed debt repayment funds to individual investor accounts. For institutional investors, the company will communicate and negotiate with them, and raise funds as soon as possible to repay the bonds held by institutional investors as soon as possible.
CATL Times battery technology has achieved important breakthroughs
According to Xinhua Finance, CATL R&D team recently conquered key core technologies such as power battery positive electrode and negative electrode materials, and developed samples with specific energy (mass energy density) of 304Wh/kg, which is in a leading position in the international market.
ofo internally issued anti-corruption documents to recover losses and resolve financial difficulties
According to 36Kr, an internal document ofo shows that since the beginning of 2019 to the present, ofo has investigated and dealt with 8 corruption cases, judicial authorities have accepted 4 cases and arrested 5 people, with a total amount involved in the case of millions of yuan. Since the second half of last year, ofo has discovered many cases of corruption in Beijing, Fuzhou, Hangzhou, Nanjing, Ningbo and other regions, mainly involving illegal and irregular situations such as embezzlement and reselling of company property. The total case value is currently estimated to be nearly 10 million yuan.
LeTV : Sublease some office floors of Lerong Building, cash inflows alleviate financial pressure to a certain extent
LeTV announced that the company plans to sign a "House Lease Agreement" with its affiliated parties Lerong Zhixin, LeTV Factoring and LeTV Pictures respectively, and sublease some office floors of Lerong Building are used by the above-mentioned affiliated parties. If all the terms of the "Lease Agreement" are reached, the office leasing expenses and net property expenses of listed companies will be directly reduced, and the cash inflow brought by leasing income will alleviate the financial stress of listed companies to a certain extent, and there will be no harm to the interests of listed companies and small and medium-sized shareholders.
million users are watching the big change in
! A batch of stock bulk transactions have rarely been sold at a large premium. These two forces have become important takers. Opportunities are moving from discount arbitrage to value investment
and are still the leader in the securities industry! Last year, the net profit was nearly 10 billion yuan, and CITIC Securities ranked first in the performance and made frequent big moves. The annual report showed the new structure for wealth management transformation
exclusive! The rules for offline subscription of convertible bonds have changed! Supervision will hold a securities company symposium tomorrow to establish a blacklist system, pointing at the chaos of subscription for 100 accounts
"rush to buy" Chen Guangming! Ruiyuan's first public offering subscribes 70 billion yuan a day! The allocation ratio is less than 10%, and it will hit a new low. Thank you letter: Value investment and time companion
has been released for 20 days and has suddenly been paid attention to? What is the truth about the four types of monitoring indicators for abnormal transactions? In fact, the normal supervision of
started at the beginning of the year. A quick message caused a stampede. The "group destroyed" popular monster stocks 20 minutes before the closing. The latest investigation: It turned out that the "two-in-treasury" was strictly controlled
answers are coming! How "seriously overvalued" is CITIC Construction Investment, which was issued a "short-selling research report"? The annual report has been released to highlight its assets, and investment banks have become the first source of revenue
Securities China is a new media under the Securities Times, an authoritative media in the securities market. Securities China enjoys copyright for the original content published on the platform. Reproduction without authorization is prohibited, otherwise corresponding legal responsibilities will be pursued.
ID: quanshangcn
Tips: Enter the securities code and abbreviation on the China WeChat account page of the securities company to view individual stock market and the latest announcements; enter the fund code and abbreviation to view the fund net value.
