Reborn as a female internet celebrity in a county town

Chapter 197 Who exactly has An Shen's WeChat? I'm willing to pay a thousand yuan to buy it!

Hu Weimin, a retail investor, is the kind of person who is slow to react. He missed out on yesterday's gains, but when he saw that the stocks were hitting their daily limit up again today, he felt that the market was about to accelerate, so he immediately placed an order.

Then, the transaction was completed the instant the market opened.

"Holy crap, I made it into the queue! Now I can just sit back and count my money!"

He had just posted a screenshot of his completed order on his WeChat Moments, but when he checked the brokerage software, he was completely dumbfounded.

Because the stocks he held were directly hammered down by seven or eight percent.

The transaction volume reached 200 million yuan as soon as the market opened!
In the blink of an eye, several more points were hit.

"I'm the main force of this draft!"

"Let me out, I'm done playing!"

"Damn it, we can't get out!"

"This damn T+1 system is disgusting! Why can't it be T+0? We could lose less money with T+0... All they do is protect the institutions, they don't treat us retail investors like human beings..."

He quickly deleted his post from his WeChat Moments and then vented his anger online for a long time.

As the stock price plummeted, he smoothly transitioned from initial despair to complete resignation.

Because... he's encountered this kind of thing more than once.

His 500,000 yuan was only recently transferred in, and his entire account has already lost more than 1 million yuan.

About an hour after the market opened, the stocks he held began to rise, with large amounts of shares being bought up from the bottom, directly creating a deep V-shaped pattern on the chart.
For stock market investors, such a deep V-shaped recovery is the most beautiful sight in the world.

After the stock price formed a deep V-shaped recovery, trading volume surged again...

Unfortunately, it only rose by six or seven points before being hammered down again.

This stock reached the volume of the entire previous day in just one hour.

"What the hell are you talking about! All you ever do is smash the stock market. What good does it do you? You son of a bitch without an anus!"

"Pull!"

"Seal the board!"

As if his shouts in front of the phone screen had been heard, the market adjusted slightly before starting to rise again.

……

Inside the trading room at Hengxin Capital.

"That's a scoundrel! A scoundrel!"

"They're a public fund, how dare they do this!"

"Damn Tianjin Capital, they're treating a public fund like a private fund! How dare they do intraday trading!"

To outsiders, this market shift appears to be caused by someone dumping shares while someone else buys them in, and each wave involves more than one person.

But in the eyes of these key players, it's all done by one person.

Even if at least 20% or even 30% of the shares in those stocks are held by retail investors, it is very difficult for retail investors to be in agreement; they can never achieve such consensus.

Although the upward phase was divided into two waves, both waves were definitely made by the same party.

After all, other major players have no reason to intervene in this situation.

Currently, apart from retail investors, other large funds certainly dare not enter the market. After all, the situation is unclear, and even if only a few hundred thousand or a few million enters, it will not have a significant impact on the market.

Tianjin Capital opened at the limit up price, and then took advantage of the rush of retail investors to sell off its shares, driving down the stock price.

However, they need to stabilize their net asset value, so after the price drops to a certain level, they start to push it up, completing their intraday trading.
As for them? Even if they knew that Tianjin Capital dared to play such a big game, they would never take on such a stake at this level.

Just because Tianjin Capital didn't run away yesterday doesn't mean the outcome will be the same today. What if they take over and then Tianjin Capital takes the opportunity to run away?

The sentiment among retail investors is unclear today. Who knows how much influence Shen An'an can have? It's understandable that she acted impulsively yesterday, but can she still be so impulsive today?

With such massive selling pressure, anyone who tries to catch it will be doomed.

However, the expected situation did not occur.

Not only did a large amount of retail investor funds rush in at the opening, but retail investor funds also played a significant role when the price rose later; otherwise, without bidding up, it would have been impossible to push the price up.

Today's trading volume was indeed enormous, and yesterday's shares were probably shaken out, but they were ultimately absorbed.

Before 11 a.m., several leading stocks began to hit their daily limit, which in turn boosted other stocks.

By 11:30, more than twenty stocks had hit their daily limit up...

……

"Awesome! Thank goodness it's T+1 settlement, otherwise I would have lost a fortune today!"

"They've withstood such heavy selling pressure; the market is definitely going to accelerate its upward trend tomorrow."

Hu Weimin became excited again after seeing the stock he bought hit the daily limit again.

Although I didn't make any money today and even lost money in transaction fees, at least I escaped unscathed.

During the lunch break, more than a dozen stocks issued announcements regarding abnormal stock price fluctuations.

In theory, such announcements are meant to remind everyone that these stocks are very risky to trade. However, in the A-share market, because speculative funds and private equity firms often take advantage of these announcements, the stocks that issue them tend to rise the more they perform. Therefore, these announcements generally have little effect.

Because conservative funds simply won't come in.

Hu Weimin just smiled when he saw it, and didn't pay any attention to it.

But Yan Li cared.

This means that the China Securities Regulatory Commission (CSRC) has taken notice of Tianjin Capital's holdings. Tianjin Capital's holdings are transparent to them, and they can see every single change in its positions.

Lin Lang's actions today were indeed a bit too outrageous compared to before, and it's no exaggeration to say that he was directly identified as manipulating the market.

The entire Tianjin Capital Group will most likely be punished because of this incident.

After lunch, once they were in the office, Yan Li suddenly asked, "Did you release the information about Tianjin Capital's holdings online?"

One of the key factors in what Lin Lang mentioned yesterday was the publicly available information about Tianjin Capital's holdings on the internet.

That's a core factor.

"No, I saw it online too. I changed my plans after seeing it. Don't overthink it..."

Lin Lang would definitely not admit it, even if he was the one who did it.

After all, Tianjin Capital's positions are already full, and if it wants to drive up the market again, it has no other choice but to raise its stake.

The amount of shares they hold in the entire stock market is simply insufficient to influence the long-term market trend. If they can hold on for a week, it is already the result of a multi-party game. They absolutely cannot hold on for a week.

He needs reinforcements.

Today, they only managed to push up a few stocks to their daily limit. As for the rest, he didn't pay any attention to the upward movement in between, only intervening when they were about to hit their daily limit.

The main reason is that he disseminated his portfolio list.

After the leading stock hits its daily limit, retail investors can no longer buy in, so they will flock to stocks that haven't yet hit their daily limit.

Retail investors' funds do have very poor consistency, but as long as they are given a direction, they can absorb a large portion of the selling pressure.

Finally, Lin Lang took the initiative to help seal the price at the limit up, giving those retail investors a final boost, which was equivalent to turning the retail investors' funds into the funds of the main force.

The relevant screenshots have already circulated online, and any retail investor can easily find them if they want to.

Of course, this approach has its drawbacks, namely, it requires creating a profit-making opportunity for retail investors. Ultimately, only a minority of retail investors entered the market yesterday.

Today, it opened at the limit up price and then dumped shares, mainly to shake out some of the floating shares from yesterday.

If someone cuts losses at a low price and then buys in at a high price, they can only be considered unlucky.

What he needs to do is stabilize those chips and wash away their impulsiveness so that an accelerated market trend can emerge.

Even though human nature is unpredictable, it can be guided well and follow one's own plan.

Yan Li didn't ask any further questions, but instead said, "If we really end up being locked in a dark room, I'll think of a way to deal with it."

"Ok?"

Lin Lang glanced at Yan Li.

Is there really a way to do this?
"Your words are enough; I can act freely now..."

"No, we're just casual acquaintances."

Yan Li was afraid that Lin Lang might do something even more outrageous.

She can indeed help to some extent, but beyond a certain point, she really can't help anymore.

"Okay, okay... then take it easy..."

……

Because of the similar trends of several stocks, coupled with the growing online buzz, the China Securities Regulatory Commission (CSRC) has been receiving a flood of complaints.

In Beijing, they immediately called the China Securities Regulatory Commission (CSRC) in Shanghai.

By the time the matter was reported to Guan Sheng, a lot of data about Tianjin Capital was already placed on his desk.

They even collected a lot of content from the internet.

He has been paying close attention to Tianjin Capital since its inception, as it represents a new track for the public fund industry.

Although this model is not entirely revolutionary, no one had dared to do it before.

Because the risks involved are too great.

However, this very sector, which was rejected by all companies, was successfully developed by Tianjin Capital.

The domestic securities market has never received much attention. Nominally there are 200 million retail investors, but in reality, the vast majority of them are new user acquisition tactics used by securities companies. The number of accounts with actual funds is less than 60 million, and the number of accounts with more than 30,000 yuan is less than 10 million.

How to improve and professionalize the securities market has always been a question that everyone is pondering.

However, this situation is too complicated to be sorted out in a short time.

Given the lack of domestic investment channels and the fact that the real estate sector has absorbed a large amount of capital, the current state of the A-share market is understandable.

"Director, we've made inquiries in Beijing."

"Yes, just say that I know about it, that I'm keeping a close eye on the matter, and that I'll investigate and intervene at any time."

He picked up the information about Tianjin Capital again and glanced at it.

He was no stranger to Yan Li; Yan Li came from a powerful family, and the two families had a good relationship with their elders two or three generations back.

However, they had less interaction later on.

When Tianjin Capital was in the approval stage, he talked to Yan Li. At that time, he did not think that Yan Li would succeed, but he encouraged her for daring to do it.

The barriers to entry for public funds are already set; it's not something anyone can just jump into.

Those who have the ability to enter the game will weigh the gains and losses...

To put it bluntly, only if you can grow and become stronger will it make sense to run a public fund.

If you can't grow your business into a large and successful one, you might as well go into private equity.

Compared to private funds, public funds face far more restrictions and fewer ways to make money...

At least, Yan Li is a girl with dreams.

Dreams should be encouraged.

Tianjin Capital did not handle this matter well, engaging in large-scale two-way trading on the same stock within a single day, especially this morning.

Using this as a reason, it would certainly be appropriate to severely punish Tianjin Capital.

He could even forcefully intervene and suspend trading of all the stocks manipulated by Tianjin Capital.

However, there are some things he hasn't figured out yet.

He could call Tianjin Capital right now and ask them to come over for questioning.

However, considering the meeting on Saturday, I decided to give up for the time being.

So he wrote a reply to the capital city himself and sent it out.

The main point is that he had been closely monitoring the matter for some time and had already grasped the cause and effect of the whole incident. After consideration, he decided not to investigate it for the time being.

It was also mentioned that Tianjin Capital is just a newly established public fund, and the model it uses is somewhat different from the traditional one. It originated from the Internet, so it is normal for it to have more popularity on the Internet.

They also discussed the potential of this model and what they had gained from it...

He's at the very bottom of the execution line, so as long as he can find an excuse, he won't be able to completely destroy Tianjin Capital.

In his view, the only drawback of Tianjin Capital is that other capital has entered the market.

However, the flaws do not outweigh the merits, and many ordinary people still benefited.

Currently, he can see that Tianjin Capital has reached 67,000 users, and more than 60,000 people have made money through it.

……

After the market opened in the afternoon, the other stocks held by Tianjin Capital began to hit their daily limit one after another, pushing the online frenzy to another level.

After a year of bear market in A-shares, this is the first time something has generated such a high level of discussion, resembling a bull market among stock market investors.

Public opinion began to shift in Shen An'an's favor. Even though Shen An'an was banned from speaking, following, and commenting, the number of views on her account homepage continued to increase.

Many marketing accounts even started proactively introducing Shen An'an's glorious achievements to some newcomers.

After watching the videos, many people immediately went to Shen An'an's homepage and searched for relevant stocks in the order she posted the videos.

Then, it was like discovering a new continent.

There really are people who are this outrageous and bizarre.

Even some of Shen An'an's WeChat friends sent her a link to Tianjin Capital's fundraising that she had previously forwarded, along with a special caption.

The line Shen An'an used in the voiceover was: Don't buy it!
The result? The net asset value of Tianjin Hybrid Selection has surged by 64% in seven trading days. If it continues to rise today, then the net asset value growth will definitely exceed 70%.

In less than two weeks...

If you had bought 100,000 yuan worth of shares back then, you would have already made a profit of 70,000 yuan.

"Damn it, who has An Shen's WeChat? I'm willing to pay a thousand yuan to buy it!"

……

"Do you think Yan Li will thank us? We've done her a huge favor."

Inside the Qingju Hotel in Tianshui County, Wang Wei crossed his legs and spoke to the person next to him.

(End of this chapter)