Chapter 136: Everyone is sick in the brain!
"Li Yuan, let me tell you something. Old Wang, who made tens of millions by analyzing your videos, brought those people in the group together to start a private placement."
On Wednesday morning, Li Yuan had just gotten up when he received a message from Jiang Yiling.
"What private placement?"
"It's called Aolong Capital, and it's already very large. They have at least 3 billion in funds, and their registered address is in Jiangzhou."
"What's wrong with being in Jiangzhou? There are 20 to 30 private equity firms in Jiangzhou."
Li Yuan is a public fund manager and has nothing to do with private equity.
Private equity has very high geographical requirements, after all, it is generally people who know each other investing in each other.
Or they issue private equity products, but few people buy them because they don’t know the traders.
"They say Jiangzhou is now the best place for private equity because you have overturned some traditional models, and now people don't like you. After coming to Jiangzhou, you will naturally gain a huge advantage, but I don't know what the advantage is..."
Jiang Yiling is also a graduate student in finance, so he knows a lot of basic things.
It’s just that she’s not very good at stock trading and her brain isn’t very flexible.
"It's okay, it's okay, just let them come."
Isn't the so-called innate advantage that you can be completely shameless?
The dirty work of private equity is not suitable for phone calls or online communications, but is more suitable for offline conspiring like a spy.
After all, we are all family here, and we can work together to make money and get rich.
Actually...it's the same on Wall Street, and they do it on a bigger scale.
Why do we say that every pore of capital is dirty? This kind of thing can reveal half of it.
"But Lao Wang said that he has studied your trading methods very deeply. He also said that you made a lot of money from Lianying Technology, and the short sellers suffered heavy losses. If it were him, he would never give you a chance."
"Well, come on, come on."
There is such a good thing? He was worried that he had no opponents.
Li Yuan also wanted to do something big, so he could do it repeatedly on one ticket, which would be easier.
You have to be very careful in selecting stocks every day, and you have to run away after one or two days of market trading.
There was no need for any operations on Tianchuan shares because the difficulty was too high.
But it happened that the fundamentals were very suitable for ambush, so he chose it.
From a purely profit perspective, Tianchuan shares do not have those things, as there are too many trapped shares.
"Be careful. That Lao Wang is very powerful. He has been analyzing the market from your videos before. He has a high reputation among those hundreds of people. This time, the fifty richest people among them have raised three billion yuan. I'm afraid their purpose is to compete with you.
Fifty people is the maximum number that a company can accommodate, but not the limit for Lao Wang to raise funds.
Maybe there will be other funds invested in the future, because at least 200 people in that group followed Lao Wang, and only one-third were willing to stand on your side. "
Jiang Yiling had mentioned this matter before, but Li Yuan said that they were all wealthy people with assets worth millions and had long since gotten rid of vulgar interests. He had no direct interest involvement with those people, so it was normal for them not to stand on his side.
But Jiang Yiling never agreed.
Those people made money from Li Yuan, and now they turn around and want to make trouble for Li Yuan?
Li Yuan replied: "It's difficult to trade against me. I'm a public fund with a wide range of holdings. If one or two stocks go wrong, it won't affect the whole situation."
"But you are now a legend on the Internet. If your net worth drops, it will be a huge blow to KingSky Capital."
How did Kingkong Capital manage to survive in the death-defying track of public funds?
It’s because of Li Yuan’s existence.
He cleverly used the Internet to create a persona for himself.
This is something that other public funds cannot achieve even if they spend hundreds of millions or even billions of dollars on advertising.
"Teacher Jiang, are you too concerned about your students?"
"I am standing on the side of a friend."
"We are not friends."
"You...Okay, if I ask you one more question from now on, I'll be a dog!"
Jiang Yiling was so angry that he hung up the phone.
Li Yuan washed up and prepared to go to the company.
He was very grateful for the information Jiang Yiling provided and his concern.
But he wanted to escape a little, because when others gave something, the first thing he would think about was giving something in return.
After thinking about it, I realized that I couldn't repay the other party, so I simply rejected the other party's kindness.
When I arrived at the company, I took a look at yesterday's data.
1.6741 (+3.96%)
The main reason is the loss of nearly 50 million on Tianchuan shares. If that money had not been lost, and even generated some profits, with the current scale of 22 billion, the net worth would definitely be more than four.
The liquidity of the A-share market has improved slightly, at least compared to his previous life.
The main reason was probably that he, the butterfly, was involved, and many small directions began to deviate, so he could hardly use future information as a reference.
When he was running his own media account before, he referred to a lot of future information, otherwise the revenue growth would not have been so fast, and it would have been impossible to catch every daily limit.
From the time he started managing public funds, all his operations were completely an extension of his self-awareness, and not a single penny was earned by relying on future merits.
As the size grows, the increase in net worth will become less and less. These are inevitable things that will happen, and he has been mentally prepared for it.
Wednesday is a good day.
After he arrived at the trading room at around nine o'clock, he began to arrange some instructions in advance so that the traders could prepare.
"Tianchuan shares, spend 30 million in the bidding stage, and put all the chips in as soon as the market opens!"
He now holds 400 million chips in Tianchuan Shares.
To put it bluntly, he was just playing around with the 500 million yuan in profits.
He didn't care if he lost everything. The most important thing was to lock up the enemy's funds.
However, he discovered that there was another type of fund on the market these two days, which was rather strange.
He has the funds to work with him...
That is what is called a short position.
But the other party is definitely not smashing his own chips.
He took a look at the short selling. The short selling scale of 4 billion of Tianchuan Co., Ltd. was considered exceptionally "excellent". Under such circumstances, short selling was something that no one wanted.
But after two consecutive declines, short selling began to stir.
The one moving is not a human!
It’s quantitative!
The current margin lending quota is still 3.4 billion, which means that quantitative investment has not entered on a large scale.
Because of the trading volume issue, it is useless for quantitative investors to enter the market now, as it will only occupy more funds.
After all, if you borrow 500 million yuan today, and then borrow again when the stock price drops to the limit tomorrow, you will only need a deposit of 450 million yuan.
Now that the securities lending has been dumped, there is no one to take over at the bottom, which means it is just a lonely game.
Li Yuanyi didn't do much directly, it was just for the convenience of holding some chips for himself, not for the purpose of pushing up the price.
High probability quantification is waiting...
When the big funds inside save themselves, they can use securities lending, and only then will someone take over the chips they have sold.
Li Yuan realized this and observed a three-second silence for the funds inside.
Four billion in securities lending, how much money would it take to pull it up?
The quantitative program must have calculated the holding costs long ago, and would rush in as soon as there was any big movement on the market.
Moreover, quantitative funds are not greedy and will generally leave after taking a dozen points.
There's plenty of space below.
"I'll just smash it for two more days, the rest has nothing to do with me!"
Even if the stock price hits the lower limit today and the lower limit tomorrow, Li Yuan will only lose less than 200 million yuan in profits, and can still make more than 300 million yuan from Tianchuan shares.
As for how much others will lose, how does he know?
Anyway, those people can only wish for the best. He didn’t expect that they would attract quantitative funds.
…
Wednesday was not a good day.
It was a painful day for Shen Tianfu.
Last night’s closed-door meeting made him grit his teeth in anger.
Liu Shangyuan is going crazy!
He didn't dare to use the money there because his positions were liquidated every day and he needed to add a large amount of margin every day.
If the margin is not added in time, forced liquidation will be required.
No one can afford a forced liquidation.
What this means is that the brokerage firm will take over Liu Shangyuan's account and buy back the stocks at all costs, no matter how high the price is.
And the price to be paid also needs to be borne by Liu Shangyuan.
If it encounters forced liquidation, won’t Lianying Technology be able to rise for another 20 consecutive days?
If the market goes up for another twenty days, Liu Shangyuan will lose all of Shangyuan’s capital, at least 10 billion!
Even if he had a good background, losing so much money would be enough to cost him his life.
It's almost the same on Shen Tianfu's side. He is the leader of Tianchuan Shares. If there is any loss, he will have to bear half of the loss.
How can Tianfu Capital afford it?
There is no doubt that the stock price hit the limit down on Wednesday.
Shen Tianfu has already lost more than 700 million yuan on Tianchuan shares.
It's just the book loss, the actual loss has exceeded 2 billion.
After all, the chips are worth 3.2 billion, and with a 30% discount, it's only over 2 billion.
From more than 4 billion to more than 2 billion, the loss will only be more than 2 billion, not less.
"Tomorrow...there must not be another limit down!"
He looked tired and his eyes were haggard.
I haven't slept well in the past three days. Even if I fell asleep sometimes because I was too sleepy, I would soon have nightmares.
He is different from Liu Shangyuan. Liu Shangyuan might be able to save his life.
If he continues to suffer losses, he will definitely lose his life.
Moreover, he spent a huge price to take over Tianqi Shares, and now he has no funds to continue operating it. Once a chain reaction occurs, he will be doomed!
This time's closing is no different from the previous few days.
However, during the closing bidding phase, only 200 million were purchased.
It's been three days, and he finally realized it...
But it's a little late.
He knew that someone was deliberately crashing the market, and that person was probably Li Yuan!
The so-called end-of-day accumulation of chips is to have enough chips in hand to smash the market the next day.
Otherwise, why would there be trouble at the end of trading every day?
If you really want to enter the market, why not take any of the cheap chips on the limit-down board during the day?
There is only one way to break the impasse, and that is to snatch the chips from Li Yuan's hands and not give him the opportunity to continue to crash the market!
Even on Monday, they should have grabbed it. Isn't it just a few hundred million? They should have seen the price at all costs. The three limit downs would not have been in vain.
Even if there will be a slight loss, the four billion can be released slowly.
The closed-door meeting was held again on Wednesday night.
They had never held meetings so frequently before, and almost everyone was like grasshoppers on a rope. If the rope broke, everyone would be missing limbs.
"There's a young man who keeps jumping up and down in front of me, talking about how good he is at climbing mountains. He challenges my limits every day. I also want to climb mountains and challenge myself. Does anyone have any ideas?"
Shen Tianfu drank his tea and spoke in a decadent tone.
Someone said, "We are not young anymore. Mountain climbing is for young people. If we are not careful, it will easily cost us the rest of our lives."
"But if I don't climb the mountain and stand on a high point, I will never see the most beautiful scenery of this city. Even if there are buildings hundreds of meters high, the view is still very limited. The most important thing is that it will let the young man confirm that I don't dare to climb the mountain, and he will jump even more happily! Although we are a little older, as long as we support each other, don't hide anything, and share some of our best experiences, we can always climb up."
Everyone fell silent.
Silence is the main theme of this night.
but……
seem……
No one has a choice...
He took a gamble, took Li Yuan's chips, and pried the board.
A total of 1.5 billion funds were raised!
Among them, Shen Tianfu will have to pay 700 million.
After returning home, Shen Tianfu waited until 12 o'clock and saw the net value of Qingtian Mixed Small and Medium Cap.
1.7415（＋4.03 ％）
That kid made another ten billion!
What a genius!
Unknowingly, with the growth of net value, the scale of the entire Qingtian Mixed Small and Medium Cap Fund has reached 24 billion.
In total, there are nearly one billion applications every day.
In just two and a half weeks.
He finally couldn't bear it anymore and slept soundly for four hours.
Because he knows that today will be extra difficult. After prying the board up, he will need to compete with the funds on the market and try to reach a consensus to pull up a few boards first.
Anyway, it won’t be worse than it is now, even if we have to invest another tens of billions.
There were too many chips, so many that it made their scalps tingle, and they didn’t know what to do with them.
I waited until 9:20.
He saw it during the call auction. It was still the same routine as in the previous few days. First, he used tens of millions of chips to push the stock to the lower limit at the opening, and then, at the moment of opening, he smashed it down hard.
The reason why not all the stocks were sold out during the call auction was probably to trick himself and make himself think that it would not be difficult to open the board today.
In fact, I was indeed fooled.
He thought it would open on Tuesday.
I also thought the market would open on Wednesday.
It's Thursday now and I still use the same trick.
After the market opened, yesterday's scene was repeated.
However, the value of the orders that smashed the market today is only 300 million.
Shen Tianfu knew that this was probably all the chips Li Yuan had.
"Eat up these three hundred million in one gulp first!"
He began to give orders.
It is enough to eat up these hundreds of millions. Don't push it up violently, otherwise you will lose your own funds.
Once the price rises too much in a short period of time, the retail investors who came in yesterday will also run away.
First accumulate strength at the bottom, try to reach an agreement with other funds, and then close the board in a very short time.
The market is closed at this position, and the initiative is in their hands. At least the market will be able to continue to rise tomorrow.
Time passes by every second.
By around ten o'clock, Tianchuan Shares' transaction volume had exceeded 10 billion.
It is still going back and forth at the limit down level.
At first Shen Tianfu didn't notice anything wrong.
But soon something went wrong.
How come so many transactions were possible?
All in all, Tianchuan shares' circulating shares at this time were less than 9 billion. After four consecutive limit falls, the circulating value also fell.
They have nearly 4 billion in their hands, which is equivalent to controlling half of the market.
As a result, one billion yuan was used today, but not even two gears were opened?
What the hell is this!
Are all the retail investors running away?
"Are you guys crazy? You're losing money in this position, why are you running away?"
After all, quantification is a bit too far away for them...
