Reborn as a female internet celebrity in a county town

Chapter 165 Betting She's the Last Pure Land in China's Public Fund Industry

Lin Lang will definitely protect himself. He plans to buy a box from Meituan that night and keep it with him for future use.

He definitely needs to be wary of Yan Keming betting on Shen An'an.

To put it bluntly, Lin Lang wouldn't even let Shen An'an make money for him.

Although he did it secretly once, it was only to reduce the losses of a few of Shen An'an's die-hard fans, and it had nothing to do with his personal interests.

He didn't even make any money off Shen An'an, so why should others?
After talking with Shen An'an, he called Gao Yu and said that once the funds were in place, they would be invested in the Tianjin Hybrid Selection Fund in the company's name.

At that time, although the money earned belongs to the company and Lin Lang won't have the opportunity to spend it on himself, it will still be money that he can control.

Moreover, with this price anchoring, Lin Lang can now borrow money from the bank.

After Gao Yu finishes handling this matter, he should go to the bank to discuss it. He can pledge his shares in Dayu Media in order to seek 100 to 200 million yuan in cash.

This is not an easy task. The bank can lend money, but it must be used for the company's development only.

It is very difficult to do investment and financial management.

Lin Lang's original plan was to find an opportunity to manipulate things, as long as the loan funds came through.

Now he doesn't need to. He can directly pledge his shares. The shares of Big Fish Media now have anchor value, and the chances of the bank approving the deal are not low.

If all else fails, find someone to vouch for you.

There are several guarantors to choose from, such as He Qiang, who has now expanded his business significantly. If that doesn't work, you can also turn to Song Zhiyuan.

I woke up from a nap and it was already Sunday, December 2nd.

Lin Lang took the opportunity to make a phone call to He Qiang.

Regardless of one's role, soliciting clients for a fund company is not considered a violation of regulations.

Many funds even have regulations requiring fund managers to invest a certain amount of money.

I didn't tell He Qiang about these things before, partly because He Qiang has a private equity firm, and partly because all the funds were invested at once, making it inconvenient to operate.

You can invest anytime. If you invest next Monday, the funds will be confirmed next Tuesday.

In general, we should try to avoid the risks as much as possible.

Although there are no strict restrictions on private funds entering public funds, if there are similar practices on both sides, it is easy to be identified as a violation.

I talked with He Qiang for about half an hour, mainly about two things.

The first thing is that Big Fish Media is preparing to use the property as collateral, and if they need a guarantor, they want He Qiang to help out.

He Qiang is now a major client of the bank, with a monthly turnover of tens of millions of yuan, and he can also provide the bank with a large number of high-quality loans.

On the other hand, the conversation turned to Yan Li's company. Lin Lang didn't mention that he worked there, only saying that the purpose of his mortgage was to buy funds, and that the first batch of funds had already been used to purchase them...

If He Qiang has any ideas, he should try to mitigate some of the risks associated with private equity, such as ceasing all operations in the future…

……

On Sunday, Yan Li also came to the company. All employees had to work overtime this week, since next Monday would be the official start date of the company's project, and there was a lot of work to be done in advance.

The monitoring in the trading room, the prescribed inspection options, and the preparation in advance, including the daily reports, are all important.

As the boss, Yan Li certainly doesn't do everything personally; he just makes the final decisions at the company.

She didn't post any videos yesterday or today.

However, the comments section was quite lively.

She has a certain number of loyal fans; in the comments section, some people said they bought so much...

Then, those comments will be overwhelmed by the general public.

"No way, buddy, you're actually sucking up to them through the screen? It's a new fund, and I haven't seen a single well-known fund manager yet. You don't earn money easily, and no matter how much you fawn over them, they won't give you a chance. Do you really think your money is nothing?"

"Saving 30,000 yuan isn't easy, is it? Sure enough, as long as she's a beautiful woman, she can always find a way to swindle money from a man."

Are men this stupid these days?

"You might as well come to my live stream and spend money there, at least I can call you 'good brother' then."

Basically, anyone who mentions buying funds in the comments section gets flooded with countless replies, which are either just looking for trouble or are sarcastic and cynical; very few actually show support.

Yan Li felt increasingly uncomfortable as she looked at it.

Although she had long been mentally prepared, she knew that this money was pure hot money, and if it wasn't done in a week or two, she was afraid that half of it would run away.

However, seeing all this, she felt that she was still too conservative.

Let alone two weeks, even if it's not done well in just one week, I'm afraid half of the funds will be lost.

While she's no longer worried about being forced to liquidate due to the fund's small size, her hopes for her internet strategy are dwindling.

The so-called internet strategy is to attract market funds through the internet and one's own intellectual property.

This is a completely new market, and there's no need to compete for market share with traditional fund companies.

Moreover, the growth potential of this market is limitless.

Essentially, this is an option to break away from old channels.

Just like her father said, she had absolutely no hope of success in traditional channels and under traditional models; the market no longer gives others a chance.

The top ten public funds in China have already occupied an absolute share of the market, and they have accumulated more than six trillion yuan in funds.

The entire public fund industry is currently only worth tens of trillions of yuan.

As a newcomer, she couldn't afford the price she would have to pay to enter such a field and take over a market share worth billions or tens of billions from others.

Her father wouldn't support her in this regard either.

Although she didn't listen to her family, she knew that neither her father nor her mother was wrong.

She accepted funding attracted by her personal brand on the internet, and she has to bear the consequences.

According to her previous thinking, as long as she could slightly outperform the market in the first week, the funds should remain.

If we keep pace with the overall market, at least 80% of the shares will remain.

It now seems that even if they slightly outperform the market, they probably won't be able to retain 80% of their funds.

She didn't have particularly high expectations for Lin Lang; she just felt that Lin Lang's side was definitely better than the ones in her own company.

She couldn't expect Lin Lang to dominate the market from the start, outperforming the market by 10 or 20 points in a week.

If it were only two or three hundred million, one could still dream about it. After all, the amount of capital is small, and with a bit of luck, a couple of limit-up days could boost the net asset value. But this time it's one billion!
Even a normal trader doesn't have the ability to manage 1 billion.

You only realize how difficult something is after you've experienced it firsthand.

This is the first time in Yan Li's life that he has taken control of a fledgling 'group'.

She did open a bubble tea shop at the university, but it was too easy for her; she didn't feel any pressure at all.

This time was different; the overwhelming pressure made her feel suffocated.

Everything was planned out very well before anything was done.

But when we actually started doing it, it was completely different from what we had planned.

Even the slightest difference can lead to completely opposite results.

That evening, Yan Li sent Lin Lang a message.

Get some rest early tonight.

"Okay, I'll go to the company at eight o'clock tomorrow."

……

December 12th, Monday.

Liang Jiwei is a die-hard fan of Yan Li. He was deeply attracted to Yan Li after accidentally coming across her on the internet platform.

It all started with looks.

However, he was later captivated by Yan Li's temperament and talent.

Such a beautiful girl, with such insightful knowledge, and most importantly, she's rich.

He didn't know much about finance; he was just a homebody who liked to learn about it online.

So I have a dabbling in various fields, but I'm not truly proficient in almost any of them.

Approaching thirty, he had only saved 100,000 yuan. After get off work each day, he would hide in his rented room and play games.

After Yan Li announced that his fund company had been approved, he paid close attention to it. When the fund started raising funds, he did not hesitate to invest all of his 100,000 yuan.

At the time, he had some regrets. He had made a lot of money over the years, but after spending it on food, drinks, and games, he had only saved this much.

One hundred thousand yuan was all he had.

After buying in, he would check Yan Li's comment section every day.

He had hoped to see some words of praise, but he never did.

If anyone in the comments section says they've subscribed, they're immediately met with a barrage of insults.

He tried to explain, saying that Yan Li was already better than many people, but it was all in vain.

His comments were quickly drowned out.

So he took the initiative to privately message those users who mentioned subscribing in the comments section, asking them if they wanted to join the subscription group so that everyone could exchange experiences.

His main goal was to help Yan Li stabilize those who were willing to subscribe, hoping they wouldn't be influenced by outside comments.

A group was quickly formed, starting with just a few people and now having more than 600 members.

In order to increase the number of people in the group, he even specially opened a QQ membership.

Something that he considered utterly useless.

However, just like his obsession with his anime wife, he felt happy doing these things and felt that as long as he could provide some help to Yan Li, it was worth it.

However, it backfired.

At first, he tried to calm the people in the group, but as the number of people in the group increased, he found that he could no longer calm them down. Those people were more or less affected by those replies.

Many people decided to wait until Monday to redeem their shares, even if it meant losing some transaction fees.

Liang Jiwei kept reassuring him, and even took the initiative to post a screenshot of his increased subscription.

Over the course of the past week, he borrowed more than 400,000 yuan through various online loans and used it all to subscribe to the Tianjin Hybrid Selection Fund, with the aim of setting an example for everyone.

However, the results were minimal.

Last Friday, he timed it perfectly and invested the only loan he could get from legitimate channels—30,000 yuan—into an online loan, and then he was broke.

A total of 580,000 were purchased.

His job is also unstable. Sometimes he earns more than 10,000 yuan a month, and sometimes he only earns three or four thousand yuan. He doesn't even have the five social insurances and one housing fund.

These online loans have interest rates ranging from 18% to 9% per year.

He knew what he would face after losing money, but when he thought that Yan Li would also read the comments section and feel confused after seeing those comments, he put all the consequences out of his mind.

"At worst, I'll just lose all of my 100,000 yuan!"

While chatting with a good friend I met in a group chat, Liang Jiwei said this.

But the other party quickly said, "You borrowed money to invest. On the surface, as long as you can withdraw before losing more than ten percent, you'll only lose your principal at most. But that's not actually the case. Once there are a large number of redemptions starting the next day, Tianjin Capital will have to liquidate its own shares, causing a stampede. The more redemptions, the worse the stampede. You think losing three or four percent a day is the worst, but because of the stampede, losing five or six percent a day is possible."

Fund redemptions are T+1, meaning that if you redeem today, the fund company won't prepare the money for you until tomorrow, and it won't arrive in your account until the day after tomorrow at the earliest. Once you discover a loss of ten or more percent, you'll have to bear the losses of the next trading day, potentially causing you to lose more than just your principal.

Listen to me, once you've lost four or five percent, pull out. If you lose your principal, so be it. But if you lose all your money from online loans, you'll have a very hard time recovering.

Liang Jiwei was able to understand what the other person meant.

The other party added, "Also, it's very difficult to run a public fund. Once all those people in the group redeem their shares, Tianjin Capital will have no room to maneuver. They will be forced to liquidate their positions, and they might not even be able to last the first week."

Liang Jiwei: "But didn't you also buy 100,000 yuan worth of stuff?"

"Yes, but I used the principal."

"If you have so little confidence, why did you buy so much? If you think you'll definitely lose money, not buying is the best choice."

"Because I'm gambling..."

"What are you gambling?"

"I'm betting on the last shred of conscience left in the domestic mutual fund industry! Do you know how many funds I've bought over the years? Not just products from the top ten fund companies, but also from smaller ones, totaling over six million yuan... And what's the result? I've lost nearly four million. They barely rise in bull markets, and they lead the declines in bear markets. Domestic mutual funds are utterly rotten! I really don't understand how they operate, why they get such high salaries, even less than me, a layman. I invested 500,000 yuan in stocks and only lost 100,000 yuan..."

Yan Li gives me a special feeling; I can tell she genuinely wants to run a company. I don't know if she'll eventually follow the same path as other fund companies, but at least for now, she's pure.

Starting tonight, if their net asset value increases after they release it, I'll add another 100,000 yuan. For every day it increases, I'll add another 100,000 yuan. I want to gamble, gamble that it's the last pure land among domestic public funds, gamble that it genuinely cares about fund investors…”

(End of this chapter)