Chapter 281 Voting with Your Feet
Because Wen Yuxian said this sentence in person at the end, the core of the entire video was sublimated.
Li Yuan has tens of millions of fans across the Internet, and this video is spreading rapidly.
Many people left messages under Li Yuan’s account.
"It's a bit embarrassing to be your fan..."
It was considered that Wen Yuxian had singled him out for contempt. It would be really embarrassing if Li Yuan did not respond.
From Saturday to Sunday, Li Yuan never said anything directly.
But some people noticed that Kingkong Capital launched three fund products at the same time.
At midnight on Monday, Kingkong Capital issued an announcement that Li Yuan returned to the position of fund manager and served as the manager of four funds at the same time.
Guo Meng was removed.
Even though it was already early in the morning, the news spread quickly.
After working for a few months, Meng Jianguo finally experienced the feeling of collecting money until he got hemorrhoids...
The official website of Sky Capital crashed several times. Because of the quotas of all the four funds, most people maxed out their accounts.
Each fund has a limit of 50,000 yuan.
For truly wealthy people, a credit limit of 50,000 yuan is very useless.
When Guo Meng was in charge of the fund, there was no limit on the amount of funds available, but no one dared to enter the market at that time.
Now that Li Yuan has announced his appointment, the fund has immediately capped its quota, completely disqualifying wealthy people from entering.
Many wealthy people want to give their money to Li Yuan to manage, but so far, Li Yuan has not accepted any funds.
Therefore, many wealthy circles don’t want to invite Li Yuan to participate at all. So far, Li Yuan is alone.
The Thirteen Tigers were not truly wealthy people at all.
Moreover, Li Yuan chose to make the announcement early Monday morning in order to give the market a chance to react. At the same time, he also wanted to put the funds of Qingtian Group in first.
The Qingtian Group spent a lot of money, totaling more than 10 billion, but it still has more than 40 billion left.
Because of the shares sold to Lianhua Trust, Kingkong Capital has more than 10 billion in cash, and that cash will also enter the market today.
At the same time, there is the ten billion from Jiutian Media.
The total is more than 50 billion.
After the market opened, Li Yuan gave orders to enter the market and selected more than 200 stocks in total.
There is nothing much to say about the first day. After he announced his entry, the entire market responded quickly and the market saw a general rise at the opening.
Everyone is betting on the money they have.
After all, Li Yuan's return means that he is optimistic about the market.
During the 17 years that Li Yuan was in charge, the overall market was not particularly bad.
During the 18 years when the market was at its worst, Li Yuan never invested in A-shares once.
It is almost 19 years later, and Li Yuan chose to return at this time, when the A-share market is at its lowest. What this represents is self-evident.
Semiconductors led the rally, and BOE, which has been producing textile machines for years, surged by eight points today.
Unknowingly, Li Yuan has become a weather vane of the financial market because of several things.
He doesn't have many opportunities to show up in public, and every time he does, he is in a relationship, which is different from most wealthy people.
He never expressed his views on anything in public, nor did he teach others how to look at the future on any occasion, so his famous quotes are of no significance.
If so, his famous saying is: You don’t have a knife with you, do you?
In just one year and two months, he earned exactly US$50 billion for the National Fund and US$10 billion for the Sky Group.
Many people only know that the money he earned from Bitcoin was confiscated and that he once made 18 billion US dollars, but they are not clear about the meaning behind these two things.
Even so, the entire market was driven crazy by him.
Meng Jianguo was stunned when he looked at the subscription funds.
He never dared to think in his life that he could manage so much money.
The official website was paralyzed several times and the programmer was scolded many times. After the market closed on Monday, when he took the data to show Li Yuan, his hands were still shaking.
Only fifteen hours had passed, and the subscription amount had reached a terrifying 160 billion!
The number of people who applied for subscription to the Qingtian Mixed Small and Medium-sized Cap Fund was the largest, with a total of more than 60 billion yuan. The subscription amounts for the other three funds were similar, all around 30 billion yuan.
Li Yuan looked at the data and knew that there are still many people without money.
Not many people can actually come up with $200,000.
Perhaps most people just saved 50,000 yuan and bought the Qingtian Mixed Small and Medium-sized Cap Fund, and had no other funds to subscribe to the other three funds.
So there is no doubt that his focus will still be on the Qingtian Mixed Small and Medium Cap Fund.
"Boss, it looks like today's subscription funds may reach 200 billion. How many shares should we confirm?"
There was too much money and Meng Jianguo couldn't make up his mind.
If it was only 20 or 30 billion, he would never ask this question.
For other funds, two or three hundred billion might take several days to confirm, but for Li Yuan, that is impossible.
Two or three hundred billion is just a side dish.
"Everything has been confirmed. We are working overtime to get it done. We will have a meeting with all the traders later."
"good."
In fact, Kingkong Capital has also established a dedicated investment research department, but it is very small, with only about ten people.
There is no sales staff at the moment, except for the traders, there are still traders.
That is the so-called trader.
This structure is deformed and is supported entirely by Li Yuan alone.
Li Yuan's trading model is that one person takes on part-time duties in all auxiliary departments. After all, he does not believe in the ratings given by others.
In a normal fund company, the investment research department will give a certain rating to a stock, and the fund manager will make comprehensive considerations and finally give the trader a long-term or broad concept, and occasionally quickly enter and exit some big stocks.
So in order to avoid problems tomorrow, Li Yuan has to hold a meeting in advance.
This was also his first time holding a meeting.
The company currently has only about a hundred traders, and at least forty of them have never participated in any trading.
Even if everyone participates tomorrow, if there is 200 billion in funds, each person will have to withdraw 2 billion.
There are certain considerations on how to get these 2 billion.
It's impossible to just find a ticket and rush in like a risk of life.
Even if it is a big ticket, 2 billion can definitely pull the board.
What happens after pulling the board?
I can't just not live my life anymore.
With just a little bit of skill, you could end up with billions or even tens of billions in profit.
This cannot be ignored.
…
Wen Yuxian witnessed a crazy Monday. After the quota was reached, the subscription funds of Laiqian Capital dropped rapidly.
Especially today, most of the funds were sucked away by Qingtian Capital, and in the end she had less than one billion.
However, the net value of the funds today is very good, and basically all of them have been pulled up.
Among the more than 160 stocks held, very few have not closed at the upper limit.
After all, A-shares hit the daily limit of more than 600 today, and the entire market rose by six points.
She has made super returns for six consecutive days.
The returns of Sky Capital today were average, barely outperforming the market , with a scale of around 60 billion. After all, the funds subscribed today have not yet entered the market.
Everyone is guessing how much Li Yuan will confirm. The amount of funds confirmed represents how much funds will flow into the market tomorrow.
Based on the number of times Kingkong Capital’s official website has been paralyzed, it is not difficult to guess that the amount of subscription funds is terrifying.
It is almost visible to the naked eye that there will be good market conditions tomorrow.
But she was afraid that this wave of market was forced by Li Yuan and had no continuity.
If all other funds want to run away, neither Kingkong Capital nor Laiqian Capital will be able to turn around quickly due to their large size.
The market needs confidence and policies.
Li Yuan’s return has brought confidence, but there is still something lacking in other aspects.
Her rhythm was completely disrupted by Li Yuan, and she was very confused about the future.
She suffered from a rare insomnia.
I came to the company on Tuesday and was still confused.
After the opening, the entire market opened two or three points higher and then went sideways.
The Shanghai Composite Index remained at 2,700 points.
Compared to yesterday's enthusiasm, today's enthusiasm seems to be lacking in momentum.
However, the trading volume is higher than yesterday.
Yesterday's transaction volume was only 1.2 trillion yuan, but today's transaction volume was 400 billion yuan within half an hour of opening.
It's more like a kind of passion. After the passion, only sanitary napkins are left on the floor.
There was also a complaint from a certain woman.
"What else can you do except spit on me..."
Quickly come, quicker go...
By the time the market closed at noon, the transaction volume had exceeded 800 billion, but the overall market was still quiet.
She sensed that Li Yuan was desperately trying to take over.
Today is not a good day for Kingkong Capital. If too much funds are confirmed, there will be fewer shares tomorrow. If the sustainability is too low, it will be difficult to pull it up even if it wants to.
The situation is very bad.
Li Yuan is under a lot of pressure.
When the market closes, the end result will be the same as it was at the beginning.
It’s just that the trading volume is very high, reaching 1.5 trillion.
Soon, she learned about the situation at Sky Capital and confirmed a full share of 180 billion.
She was even more certain that Li Yuan was taking over today, and a lot of funds chose to run away today. After all, the stock price had been rising for two consecutive days.
Either you get out of the predicament or make a certain profit, then run away first.
This is the situation with A-shares. Many big funds took the lead in running away and had no intention of helping Li Yuan continue to push forward.
They even hoped to bury Li Yuan directly this time.
…
After the market closed, Li Yuan stayed in his office.
After taking a look at the data, the overall situation is profitable today. However, with more than 100 billion invested, it is hard not to make a profit.
But floating profits are useless. If there is no market, he will lose at least 20 points if he wants to exit his 200 billion yuan position.
Those people smashed it too hard today...
He originally thought that the price could go up to more than five points at the end of the trading day, but it didn't.
I came back with full sincerity this time and pulled up the A-share market when sentiment was at its lowest point. However, the speed at which these people got rid of them was much faster than I expected.
Anyway, those guys were so happy to see foreign capital entering the market, and when they saw him entering, they wanted to eat him alive.
Their own people making money? It's more painful than their own father dying.
Foreign investment makes money, haha... Please come in, Madam Taijun.
Isn’t it normal for foreign capital to make money?
Li Yuan called Yao Yingsong over.
Yao Yingsong has been relatively free recently, but he still stays in the company full time to help with miscellaneous tasks.
After Yao Yingsong arrived at the office, he asked, "Boss, what do you want to talk to me about?"
"Ask your leaders if they are interested in investing more money. I don't think 300 billion to 500 billion is too much, and 300 billion to 500 billion is not too little... "
Today, the subscription quota of Kingkong Capital is not large, only around 20 billion in total.
There are still two or three hundred billion yuan of funds that have not yet entered the account. Combined with the shares that need to be confirmed today, it can barely hold on until tomorrow.
But things will be worse later on, as many people want to attack him.
Yao Yingsong agreed without hesitation.
This matter was not something he could decide, so he had no opinion to express.
Just let your leader make the decision.
But he felt it was difficult. He could certainly take out 30 to 50 billion from the National Fund, but 300 to 500 billion...
I have so much money, but the problem is that I don’t dare…
If anything goes wrong with that money, the consequences will be unimaginable.
He reported it truthfully, saying only that it was Li Yuan's idea, without adding a single word.
About half an hour later, Li Yuan received a call from Tang Jianjun.
After receiving this call, Li Yuan felt relieved.
After chatting with Tang Jianjun for almost half an hour, 200 billion yuan was deposited into the account.
However, it is not a one-time payment, but is received in batches.
There are ten batches in total, each batch is 20 billion.
For Li Yuan, 200 billion is enough.
This money was considered a loan from him, and it was interest-free, with the agreement to return it after one year.
Wednesday arrived quickly, and after Li Yuan saw the amount of funds, he started to take over.
Today the market opened one point lower. The market sentiment of the previous two days was shattered by this low opening, and a lot of funds are running away.
In fact, it was Li Yuan who smashed it himself!
He spent almost 20 billion.
While releasing emotions, he secretly took over the business.
At least it can reduce the cost by two or three percentage points.
Afterwards, he focused on small weights and put large weights at the end. Even at the end of the trading day, the market was still green.
But he actually invested 70 billion today, including the funds invested at the opening, and did not keep any.
In the end, the average net value of the fund increased by two points.
On the same day, Lai Qian Capital rose by four points.
In recent days, Laiqian Capital has been leading the way, while Qingtian Capital seems to be lacking in stamina.
It’s just that the market is more likely to be patient with Li Yuan, and the investors who invest in Li Yuan do not overlap with the group of stock investors in the market.
Thursday is here...
With the 20 billion yuan received from the National Big Fund and the more than 10 billion yuan subscribed, Li Yuan invested it all in again.
For many stocks, Li Yuan's holdings are almost reaching the threshold for taking a stake.
On that day, the funds under the name of Qingtian Capital generally increased by only one point, while that of Laiqian Capital increased by three points.
On Friday, the subscription amount of Kingkong Capital dropped significantly to only 6 billion yuan.
The subscription amount of Laiqian Capital increased significantly, reaching 4 billion yuan.
Many people think that Laiqian Capital is stronger. The scale of Kingkong Capital is 300 billion, and the profit sharing is too thin.
Moreover, Li Yuan could not fight against this situation. If the market was not strong, no matter how capable he was, it would be useless.
The net value on Friday seemed to confirm some online analysis. On that day, the net value of several funds of Kingkong Capital only increased by 0.23%, while Laiqian Capital still increased by 2 points.
The difference has emerged, and the funds that vote with their feet will naturally make a choice.
Funds began to be redeemed from Kingkong Capital.