Chapter 117: I'm too narrow-minded
Li Yuan was looking for a new place to live for himself. Zhou Ranran would be leaving in a few days anyway, so he could just let Liu Hao and his team live here.
Before I knew it, it was Friday.
The account [乘股远航] has become very popular today.
Everyone in the comment section is witnessing history.
Because the market conditions this week are very bad, it is rare to see stocks hitting the daily limit. Most of them are market maker stocks, and not many people can participate in them.
However, Li Yuan still managed to bring his funds close to the 10 million mark by making a profit of four or five points a day.
And he said that it would break 10 million today.
"Boss, you only had 9.2 million in funds yesterday. Although the final delivery order only showed the sales, and the subsequent operations were not shown, it will take at least nine points to break through 10 million today. And so far, there is not even a single stock in the entire A-share market that has reached the daily limit. So everyone should disperse. It will definitely not break through 10 million today. Come back next Monday to witness history."
"Who said there is no daily limit? ST Wugu has reached its daily limit!"
"Fuck, ST stocks have reached their daily limit in just five points. Is that useful to the big guys?"
"That's not necessarily true. ST Wugu is trading at the lower limit today. If you buy at the lower limit, it will be almost 11 points higher until it reaches the upper limit."
"Boss, you want to clear out the inventory today. If we start today, how can we sell it?"
"Short lending can completely lock in profits in advance, which is equivalent to selling."
"What is that?"
“Don’t talk nonsense to those who haven’t actually traded. The boss definitely has the ability to do this, otherwise he wouldn’t have said it in advance. I just don’t know which ticket it is.”
"It's already 2:50. If it's not ST Wugu, there won't be any other tickets."
"Report, it's 2:55, and no stock has risen by more than 9 points..."
"Report, it's 2:57. In the final bidding phase, no stock has risen by more than nine points..."
"Report, it's three o'clock..."
Still no.
In the entire market, there are thousands of stocks, and none of them has risen by more than nine points. In this case, if we limit ourselves to selling operations today, can we make more than nine points?
Theoretically, it is impossible.
And at three o'clock one.
"Report, the boss has updated the video!"
"Fuck, has it exceeded 10 million?"
"I came here before I finished watching it. The video is only five minutes long."
Then, the comments section fell silent.
Li Yuan looked at his background data and saw that the number of views exceeded 300,000 within one minute.
I don’t know how many people are waiting.
Five minutes later, the comments started to surge because many people had watched the video.
His account currently has exactly 10.5 million.
I didn’t make much today, +9.5%
The reason is that he shorted a stock through margin lending during the closing phase yesterday, and that stock hit the limit down today.
He repaid the short position at the lower limit, and the profit came naturally.
He is a big investor now. Those brokerage firms can find out his identity and related accounts, and they can easily borrow 10 million yuan.
After watching the video, everyone was stunned.
Because most people don’t think about shorting.
The risk of short selling is really too great.
Theoretically, without leverage, the maximum profit from short selling is 99.999%.
But there is no upper limit to the profit from going long.
Short selling is extremely risky and no one has the confidence to short sell, let alone make so much profit.
If you make a lot of money, no matter what, it can be described as good luck.
But making money by short selling is like risking your head on luck?
This is the strength!
Grasp the market conditions and judge the situation.
The saying "I can do it too" doesn't work here.
You're really not good enough!
Li Yuan waited for half an hour and found that the number of views of his video had surpassed all previous ones.
In half an hour, it received 4.2 million views, more than 13,000 reposts, and more than 20,000 comments.
In just half an hour, the number of fans increased by 100,000.
It was almost unanimous worship.
Li Yuan called Yu Yue and asked, "Is the subscription open?"
"Yes, boss. We have already listed it on major distribution platforms. However, since we haven't purchased any promotional materials, the effect may not be very good..."
"It's okay, as long as I can find it."
After Li Yuan confirmed the news, he updated his signature immediately.
[From today on, I will be in charge of the enhanced Qingtian Mixed Small and Medium Cap Index. Welcome to supervise! 】
As soon as the signature was changed, people immediately started discussing it in the comment section.
Many people even started searching for this fund.
The homepage of this fund clearly marks the personal information of the fund manager.
"Fuck, the master's name is Li Yuan? He's only nineteen years old?"
"Damn it, I've been living like a dog for over thirty years!"
"What's your ridiculous focus? Don't you realize that the master is so handsome? If he is so handsome, why is he still speculating in stocks? Why don't you come..."
"Master, I was trafficked when I was young. Now I only remember seeing a handsome guy who looks exactly like you. Can you tell me your home address? I want to go home and see my family."
"I've told you that people with a love-brain shouldn't invest in stocks, why don't you believe it?"
"Li Yuan, give me your contact information and have a good chat with me. You can name the price then!"
"Blind students, don't you see a bright spot? The master actually graduated from high school! How embarrassing for those professionals!"
Since Li Yuan did not graduate from college, his academic qualifications can only be considered as a high school graduate.
It can be said that there are very few public fund managers who graduated from high school.
There are some talented people in private equity who do not have any academic qualifications.
But if you want to join public offerings, you need to have the most basic knowledge.
At this time, the Thirteen Protectors were also chatting about Li Yuan in the group.
"He finally chose public offering. We should have expected that he would not reply to our messages during this period."
"Old Twelve, what's going on over there? Even with Yi Ling's temperament and appearance, he can't even take down Li Yuan?"
Jiang Yuanqiao said, "Li Yuan is not related to me. Besides, he has his own choice. Even if Yi Ling is with him, it is impossible for him to change his mind. I am going to subscribe to their fund. Do you want to come?"
Jiang Yuanqiao did not search on other distribution platforms, but went directly to the official website of Kingkong Capital.
You can make large purchases here and save a little on the handling fees deducted by the platform.
Generally, there is a difference in management fees when applying on the platform and on the official website, ranging from 0.1% to 0.2%.
He took a look at the subscription fee of KingSky Capital, which was a bit high.
Less than 500,000, 0.5%
500,000 to 2 million, 0.6%
2 million to 5 million, 0.7%
5 million to 10 million, 0.8%
10 million and above, 1.0%
This is a very outrageous fee because many fund companies offer lower fees the higher the subscription amount.
As a result, when it came to Li Yuan, the more money he applied for, the higher the fees.
Others have a limit on large orders, for example, a single fee of no more than one thousand yuan, but he has a different approach. For a subscription of ten million yuan, he actually charges a fee of one hundred thousand yuan.
Isn't this just robbing money?
Next is the management fee, which reaches its extreme.
Others charge a maximum management fee of 1.8%, but Li Yuan charges 2.5%
This is no different from robbery.
I won’t talk about the redemption fee, it’s pretty much the same as the others.
Jiang Yuanqiao calculated that if he wanted to subscribe for 100 million yuan, the subscription fee would be 1 million yuan. If the fund made no profit or loss, he would lose 3.5 million yuan a year.
How many funds can guarantee profits every year?
He has a lot of money, so shouldn’t it be cheaper ?
What the hell is Li Yuan doing!
Don't you want people to come?
Actually, it’s true.
With little initial funding, Li Yuan has a lot of room for maneuver, so he only hopes that his loyal fans will come.
After all, he has followed me for so long and is willing to believe in me, so I must make a drastic move.
He has already figured out how to operate the market next Monday.
The Thirteen Guardians also looked at Li Yuan's data.
"Fuck, it's so expensive, why don't you just go and rob it?"
"Damn it, Li Yuan is such a wicked guy. The fees for public offerings are higher than those for private offerings."
"Don't be so mean, the subscription fee for private placement starts at two points, and the management fee is even higher..."
"To be honest, I'm not interested in such a high fee. If I don't make more than ten points a year, I'll lose money. Large deposits in banks can give close to five points of interest, and some stable financial products can even give eight points of interest. The funds he is trading are not small. Even if he is good, if there is no good market, he can only make ten points a year. He might even lose money. It's boring, boring..."
"Just give me some symbolic support. After all, I have made so much money with him. I am prepared to support him with 10 million yuan."
Hou Zhenguo spoke.
"Then I'll support you with one million and see if I can earn some money for cigarettes."
"I'll just give some symbolic support..."
After chatting in the group, the one who participated the most was Hou Zhenguo, who eventually subscribed for 10 million.
At the same time, in the girls' dormitory of Jiangzhou University.
Tong Xuefei looked at the computer screen as if she had lost her soul.
She had been following Chenggu Yuanhang for a long time. After all, he was the top financial expert and his real trading skills were really amazing.
Isn't her purpose of becoming a financial anchor to get to know such a big shot?
Unfortunately, no matter how many private messages I sent, they were unsuccessful. No matter how I asked around in the circle, I couldn’t find out the contact information of Chenggu Yuanhang.
Today, when Chenggu Yuanhang was at its hottest, he finally announced where he would work next.
Naturally, she went to see it as soon as possible.
Then, she was confused.
Li Yuan!
The big boss who made 10 million in real trading was actually Li Yuan!
She couldn't accept this reality.
The more powerful Li Yuan is, the more ridiculous her behavior was!
If she could regret it, she would want to tear her heart out now.
But it's useless to take it out because she has a really black heart.
Sun Hongmei came over at this time, and seeing Tong Xuefei in a daze, she asked, "Xuefei, what's wrong with you?"
Tong Xuefei took a deep breath, concealed her emotions, and asked, "Hongmei, didn't you go to find Ma Changkai?"
As a result, Sun Hongmei immediately started to curse, "That bastard, he's hooking up with someone else, and now he doesn't even pay attention to me. I specifically invited him to dinner but he didn't even come out."
"Hmm? With Ma Changkai's looks, who could be interested in him?"
Sun Hongmei said: "He is dark and ugly, but Gu Dongsheng is very powerful now, with millions of fans. People on the Internet say that he is a rich second-generation. Too many people want to take advantage of Gu Dongsheng's popularity to increase their own fans. Naturally, the two roommates Ma Changkai and Chen Qi became the targets of many people. I heard that Chen Qi has been very close to Tian Tian in the college recently, and Tian Tian even had a quarrel with her boyfriend, the director of the student union, because of this."
"Have you found Gu Dongsheng's contact information?"
Tong Xuefei also wanted to find Gu Dongsheng and ask him to help her attract traffic.
She has been on a roll recently, but after a few months, her number of fans is still only 100,000.
The number of views on weekdays is less than half of the previous 50,000 fans.
The number of private messages in the background is several times more than before, and most of them are disgusting.
But I don't have any strength at all.
"No, his two roommates are very stubborn now, and the WeChat ID that Gu Dongsheng used before can't be added at all, and his mobile number has also changed."
"Then...can you help me find out more about Li Yuan?"
Tong Xuefei felt like she didn't even have the energy to update videos.
There was a 19-year-old multimillionaire right in front of him, and he was within his reach a few months ago.
Now what?
The more I think about it, the more I feel guilty.
Sun Hongmei asked, "What's wrong? What's there to find for that liar Li Yuan? With your looks, how can you find any handsome guy you want?"
"He... is different. Thinking about it recently, I found that I was reluctant to leave him. Maybe he is the first boy I have ever truly loved."
Sun Hongmei: “…”
Are you starting to play affectionate now?
How could I not know what you are thinking?
Is it because after being scolded last time, there are fewer bootlickers and life is not going well anymore?
But as her best friend, she would definitely not say it out loud. She had to support Tong Xuefei.
"Okay, leave it to me. I'll find a way to find out about Li Yuan's situation."
Tong Xuefei was immediately overjoyed, "Thank you, Hongmei. I'll treat you to a meal later."
"Yeah, you're welcome."
…
6pm.
Yu Yue was in the company, looking at the data in the background. He was exhausted by the endless stream of subscription applications.
He remembered that the company did not give money to those distribution platforms.
Why are there so many applications suddenly?
Did they hire someone to place an advertisement somewhere else?
But this is a good thing, he quickly called Li Yuan.
"Boss, this is great news."
"What's the good news?"
"The subscription fees have exploded in the past few hours. There are more than a dozen single subscriptions exceeding 10 million, and more than 300 subscriptions exceeding 1 million, not to mention those with subscription fees between 30,000 and 100,000. Adding up, there are probably 5,000 subscriptions. The total subscription funds have exceeded 1 billion! The highest one was 200 million at a time."
It's only been three hours, there was nothing before that.
"One billion? Not bad."
Li Yuan was satisfied with this result.
Those with more than 10 million are most likely the Thirteen Guardians. The one with 200 million is also easy to guess. There is no one else except Jiang Yuanqiao.
Even Hou Zhenguo couldn't spend 200 million to support him.
"Boss, I admit that I was narrow-minded before. Although I didn't say it out loud, I always felt that the subscription fee you set was unreasonable. But now it seems that your decision is simply a stroke of genius. Our Your vision is something I will never be able to achieve in my lifetime."
