Chapter 173 The Black Widow in the Fund Circle

Chapter 173 The Black Widow in the Fund Circle

Li Yuan himself did not expect that just raising a sign would make financial headlines.

Perhaps the market is indeed too dull, and for various reasons, he has become a bellwether in the eyes of investors. The authorities are trying to use this incident to stimulate the stock market and allow capital to return to the market.

Of course, it is not ruled out that capital itself is hyping up this topic and then tricking retail investors into entering the market so that they can continue to cut off retail investors.

The reason why he raised the sign was simple: he didn't want Song's shares to fall on the eve of dawn.

As long as it survives next year, pork stocks will usher in spring.

No one is willing to buy a PE of more than ten times now. When the PE of a hundred times the year after next, the market will despise it as too small, and it should be rushed towards two hundred times...

If he doesn't take action, there is a high probability that Song's shares will not be able to survive next year and will be finished.

The biggest fear in the capital market is that no one pays attention.

And such desperate market conditions are also the most vulnerable to mergers and acquisitions.

The sense of smell of many capitals is more sensitive than that of the market for several months. In order to grasp larger chips, they will concentrate the relevant chips as much as possible.

Song's shares have no way to fall. Even if there is a bear market next year, the market value will not exceed 4 billion.

With his current layout, even if he does nothing in the future, it will be easy to bring in five times the income in two years.

If you do something else and operate it, it will be ten times or twenty times easier.

After all, Song's shares still have great potential.

What if the net profit is 800 million? Calculated based on a PE of 100 times, the market value would be 80 billion.

Is it difficult to increase profits by another 400 million?

He can even spend the 400 million, or he can specifically solicit business for Song Stock. After all, for every penny Song Stock makes, he can earn three more points in the financial market.

This is financial leverage.

There are a lot of votes in the U.S. stock market, that’s how it works.

When Wall Street decides to make a certain investment, they will try their best to get business from that company, and it is business with extremely high profit margins.

For example, for a stock with US$4 billion, the normal annual net profit is only 100 million, which is 40 times the PE.

But with the intervention of capital, they can easily have a net profit of 500 million. Even if they only give 30 times the PE, the market value will change from a market value of 4 billion US dollars to a market value of 15 billion US dollars.

How much does it cost to make a profit of 500 million?

How much money can be made by increasing the market value by more than 10 billion?

Li Yuan looked at the funds he cleared out. Today he took away more than 4 billion, and there are still 10 billion left.

This 10 billion is to cope with tomorrow.

After the market closes today, Qingtian Capital will announce the change of fund manager.

Currently, there are still 49 billion positions.

We have reduced our positions by 20 billion in the past three days, otherwise the fund size should have exceeded 70 billion.

However, Li Yuan had already hinted so clearly that even the last person to enter the game had made more than 60 points.

If you don't run, you will lose money in the end and it has nothing to do with you.

After closing at noon, he had dinner at the company.

I had just gone to the office to take an hour's rest when I received a call from Wen Yuxian.

"Senior, are you not optimistic about the subsequent market?"

Wen Yuxian asked very directly.

"Huh? No."

"But I found that your fund has been reducing its position in the past two days, and it has dropped by a full 10 billion in two days."

Li Yuan really didn't want to talk about the market on the phone.

It would be okay to have a few words with Wen Yuxian in private, but it would have to wait until he officially steps down as fund manager.

Even if an announcement is made this afternoon, he will try his best to help Guo Meng transition on Thursday and Friday to avoid a stampede on funds.

No matter how bad things go, we can't let Guo Meng's net worth plummet on the first day he takes office, right?

There were two days of excessive time, and then he didn't care about it.

"Senior sister, I don't provide consulting services here."

"Oh, when can I consult with the senior?"

"Next week."

It is not a secret that Li Yuan has reduced his position. You can see it on the fund homepage.

However, Wen Yuxian could detect this from the position of reducing the position, and Li Yuan felt that she was quite powerful.

You can also chat when you have time next week to broaden your horizons.

Anyone’s trading thinking can be learned from.

"Well, okay, then I'll be ready and waiting for you at any time, senior."

"..."

Why does something sound wrong?

After hanging up the phone, he closed his eyes and prepared to take a rest.

As a result, Song Jiajia called again.

He didn't answer and pretended he was at work.

Because he probably knows what will be said on the phone.

After all, others don't know her identity, and Song Jiajia will know it no matter how slow her reaction is.

At about 12:50, he came to the trading room.

Song's shares have become the hottest stock in the market today, but Li Yuan still has 200 million in funds lined up, and others who want to enter have no chance.

Guo Meng sat next to him, and Li Yuan said: "Manager Guo, you may face some large redemptions tomorrow, so you have to be mentally prepared."

Guo Meng nodded, "Yes, I understand."

Li Yuan continued: "Don't pay too much attention to it in the past few days, just verify your trading model."

"Um."

"Also, if the market is good, it doesn't matter. If the market is bad, you still have to be responsible for the funds. Although we are a small and medium-cap company, we don't say we can't hide in bank stocks..."

Guo Meng: "..."

"I have also prepared Song shares for you. I will continue to increase my position in the next few days and strive to add another 100 million in funds. You will not have to worry about it in the future."

"Um."

"Finally, I will teach you one more trick, which is guaranteed to help you reduce your risk by one-third."

Guo Meng became interested, this was the secret.

She was ready to listen with expectation, and then Li Yuan said, "Remember to be short 35%..."

This is the minimum holding requirement for public funds.

If the full position loses five points, the net value will fall by five points.

But if 65% of the positions lose five points, the net value will only drop three points.

Guo Meng had nothing to say.

This seems to be a very useful trick indeed, but the question is...why does something seem wrong?

Short position?

If you earn five points, your net worth will only increase by three points.

Profit and loss come from the same source.

But why did Li Yuan only say that he had lost money?

Fortunately, the market opened, and Li Yuan started to get busy.

The main thing is to explain to Guo Meng his understanding of the hundreds of stocks he currently holds.

Guo Meng especially admires Li Yuan's ability to judge funds at a glance at the trend. She has to look at it for a long time to analyze it and come up with a 60-70% analysis. The time is often wasted and the best entry point has been missed, making it difficult to grasp the market trend.

After closing at three o'clock, Li Yuan returned to the office again.

Yu Yue immediately updated the official website information and pushed it in the APP software.

These are all requested by Li Yuan.

On the push message page, the comment area exploded instantly.

"What? Damn it, Yuan Shen quits?"

"What does it mean to exchange for a woman? Is there some PY deal behind it?"

"Is she the daughter of a certain boss? Is she here to pick peaches?"

…

"Can you stop the conspiracy theories? Qingtian Capital belongs to Yuanshen, who will pick his peaches? Have you been fooled all day long?"

"Didn't you realize that this new fund manager is very beautiful? I invested 50,000 yuan, and now it has become 130,000 yuan. It doesn't matter even if this girl loses all her money, just treat it as a reward for the female anchor."

"Indeed, this appearance is enough to make a debut."

"Don't insult Guo Meng, okay? Among the female artists who debuted, which one doesn't live under heavy makeup and filters? Is Guo Meng so naturally good-looking?"

"Fuck, if you buy a fund, you can meet a bunch of licking dogs, so I'm convinced!"

"Don't you know where this Guo Meng is? She is notorious in the fund circle. She took over a fund the year before last and lost 50% in one month. She can no longer survive in the circle. Now PY Yuan Shen is in charge. ? Just slip away, this fund manager is really untouchable..."

"Holy shit, is this real or fake? The black widow of the fund industry?"

"If you don't believe it, just search it up. The news about her is still there! By the way, at that time, there were a group of people who said they wanted to raise her. How come they were silent in the end?"

"..."

Li Yuan did not expect that after so long, Guo Meng's lethality was still so great.

There is no doubt that after this news was announced, the fund suffered a large amount of redemptions instantly.

Li Yuan was watching from the background.

Those redeemed shares will have to wait until tomorrow to be confirmed, and will not be available until the day after tomorrow.

Wen Yuxian even posted a video saying that she had cleared Qingtian Mixed Small and Medium Caps because Li Yuan was no longer a fund manager and she had always only invested in Li Yuan.

This was not something Li Yuan ordered, it was something she figured out herself.

I thought of going together with Li Yuan. Li Yuan originally wanted her to make a special video tomorrow to persuade some Christians to quit.

In short, you can run as much as you can, and it is best to only have a few hundred million left in the end.

Yu Yue sorted out today's report and walked in.

He was also confused when he saw the background data on Li Yuan's computer desktop.

Good guy, you can't refresh it, everything is redeemed.

Each order is basically hundreds of thousands, which is busier than a million-dollar live broadcast room.

"Boss, today's net worth data is out."

He handed over the report.

There is no doubt that today's net worth is ugly.

3.6065 (+1.76%)

This can be regarded as the lowest single-day increase in net worth since Li Yuan started trading.

Two and a half months ago, the fund’s net value was 1

Two and a half months later, the fund's net value is 3.6

During this period, the market as a whole fell five points.

In fact, most funds cannot outperform the market. Only some small-scale funds and fund managers with some tricks can do so.

Or it’s a fund whose subject matter just catches up with the market.

"It's okay, two and a half months are over."

Yu Yue said: "Boss, your trading ability is something I have never seen before. Although I don't know why you suddenly left the position of fund manager, I guess you must have more important things to do."

"Well, I guess it will take a month. I will take a good rest during this month."

"Then my subordinates and everyone in the company are looking forward to the return of the boss, the king!"

"Haha, I might have fallen into a pit."

Li Yuan is not absolutely sure about trading US stocks.

After all, the opponents over there are more ferocious and shameless.

After all, the famous American double standard is something they played out.

Those that are beneficial to them are called rules, and those that are detrimental to them can be abolished directly.

To be more aggressive, one or two mistakes may ruin everything.

Yu Yue said nothing.

He cannot pick up on the leader's modesty.

If something really happens, the harder he praises, the harder he will be slapped in the face.

Of course, he is not afraid of being slapped in the face or being angered.

Who knows what emotions a leader feels? What if he took the failure out of his praise?

Even if you don't express your anger, it will leave a bad impression on yourself.

Therefore, he only praises the achievements he has already made, because they cannot be changed and cannot be overstated.

"Has Yu Chenguang contacted you recently?"

Li Yuan continued to ask.

Yu Yue immediately said: "There is no contact."

"That's fine."

While talking, Li Yuan turned on his mobile phone.

Song Jiajia sent several messages, and he replied.

Then he picked up his phone and left.

Before leaving, tell Yu Yue to confirm the redemption share as soon as possible tomorrow and then take it to the trading room.

After getting in the car, he called Song Jiajia back.

"Senior sister, I'm sorry. I've been busy at the company and didn't see the phone call. Have you arrived in Jiangzhou now? I've already made a reservation. Will I pick you up now?"

"Oh, you're at Jiutian Media, right? Okay, I'll be there in about twenty minutes."

After hanging up the phone, Li Yuan asked the driver to drive towards Jiutian Media.

After the car arrived at Jiutian Media, he slowly walked out of it.

My health has gotten better these days, and I don’t have to grin when I walk.

Presumably enough buffer every night?

After all, although Jiang Yiling is not as buffered as Shu Yanlin, he still has some talent.

Soon I met Song Jiajia.

Wearing an apricot-colored hooded cardigan, underneath is a pair of tight jeans.

Those long legs are so dazzling that people can't even open their eyes.

You can even hang it on your body as a schoolbag...

When Li Yuan came, she was sorting out some documents.

"Senior, don't you need to organize these documents? Just leave them to others."

Song Jiajia looked up and said, "But I heard that you haven't found a suitable general manager yet."

"Already looking for it."

Song Jiajia said: "Actually, there is no need to look for one. Jiutian Media's demand for a general manager is not that big. Currently, all links are running smoothly."

"What did the senior say? No matter how good the car is, it must have a headband, and the general manager is the headband. The reason why it is not messy now is because the senior has been sorting it out. If there is no general manager, it will not take a few days. The entire Jiutian Media is in chaos."

"Am I...that important?"

Song Jiajia muttered to herself.

"It's important. In fact, the main reason why I haven't found a general manager is that I don't think it's suitable."

"Really? So you raised the Song Corporation's shares today, do you want me to stay?"

"Huh? No, the company has changed its fund manager. I'm not sure about this matter."

Song Jiajia: "..."

"But if senior sister stays, of course I will welcome her."

As a result, Song Jiajia said stubbornly: "No, I want to go home for a blind date. If I can't find a boyfriend here, I will easily become a leftover girl."

When Li Yuan heard this, he immediately said: "Are you going on a blind date?"

"yes."

"Then I'll make a call."

"You... are you asking someone to sell Song's shares?"

She didn't know that she couldn't sell it within a short period of time after raising the sign.

"No, senior sister is going on a blind date and is expected to get married soon. I won't be able to go there then, so I will give senior sister a wedding gift in advance."

Li Yuan has not found a new general manager. He just wants to wait until Song Jiajia returns to avoid feeling uncomfortable after meeting.

After all, she occupied her position, and others were still paid, but she didn't even get paid.

Maybe Song Jiajia won't be so stingy, but he always has to consider this factor.