Reborn as a female internet celebrity in a county town

Chapter 224 The Worst Way to Ship Goods
Monday, October 11.

For Lin Lang, all he needed to do was get through the next few days.

At this point, he has gained more and more initiative, and even if he loses money again, he won't lose everything like he did at the beginning.

The scale of Tianjin Hybrid Selection is sufficient to withstand losses of several hundred million yuan per day, which will not cause absolute panic in terms of net asset value.

However, he needs to consider another issue: how to handle the situation after the market crash.

Many retail investors rushed in, and burying them all wouldn't be good for Tianjin Capital.

Of course, there's not much chance for it to rise anymore. Lin Lang is just trying to find a way to prevent retail investors from getting buried too deep, at least giving them a chance to leave the market.

Once he starts dumping shares, the major players inside will not allow retail investors a chance to exit.

For retail investors, this could mean facing seven, eight, or even a dozen consecutive limit-down days.

Retail investors' money is trapped inside and can't get out, so how can they continue to invest in Tianjin Capital?
Although there's a purchase limit of 20,000, there's still a lot of potential users.

As of now, Tianjin Capital has less than 600,000 users in total. What is that? A drop in the ocean!
The top domestic public funds serve millions of users.

In other words, Tianjin Capital still has great potential. As long as retail investors' funds come out this time, many people may choose to enter Tianjin Capital from a risk perspective.

After the market opened, Lin Lang issued instructions based on the situation from last Friday.

Start with less popular stocks.

However, the overall willingness to lock in the daily limit was slightly weaker today than yesterday, with many leading stocks having less than 100 million yuan in funds available for locking in the daily limit.

However, it has good resilience.

After all, this is the only place in the market where the profit-making effect is obvious, while other places don't have much of a profit-making effect.

For those non-hot stocks, even if the funds used to lock in the price limit are not large, as long as the leading stock doesn't collapse, the other stock won't collapse too much either.

"Add more buy orders to the leading stock! Gradually increase it to around 200 million!"

Lin Lang's methods have changed somewhat today.

If the willingness to push the leading stocks to their daily limit is strengthened, then the non-leading stocks will become the only stocks that retail investors can enter the market.

Moreover, increasing the number of buy orders can effectively suppress selling pressure. A large amount of buy orders indicates a very strong upward intention. Even if many people think that the stock may not continue to hit the limit up tomorrow, they can at least make a profit and leave.

And so, the market trend gradually unfolded.

Because some large-cap stocks are suppressing the index, the overall index increase in these two sectors is not particularly dramatic, and it is now almost on par with the peak market in the past.

But the peak market in the previous life took two and a half months to reach, while this time it only took sixteen trading days, less than a month.

Although leading stocks like Eastcom have not yet reached the level of their past lives, they certainly will not in this life. They are already deeply tied to other stocks and it is impossible for them to break out of their own market trend.

There are too many low-priced chips, and the major players inside won't dare to continue driving the market without a consolidation period of six months or even a year or more.

During lunch, Yan Li said, "Actually, you don't need to feel too much pressure. Tianjin Capital now has the ability to withstand risks. If it wants to dump assets, it can do so at any time, which is enough to handle the upcoming redemptions."

She could tell that Lin Lang was putting in a lot of effort.

Thanks to Lin Lang's small-scale deployment last Friday, a total of 700 to 800 million yuan of funds were released. This morning, another 300 million yuan of funds were released in some non-hot stocks. If he is willing to sell off today, it is not a problem to release 5 billion yuan, or even more.

Moreover, in order to avoid two-way trading, Lin Lang did not sell any shares in the leading stocks today.

Lin Lang is becoming more and more professional now, and he doesn't want to touch even the slightest bit of two-way trading.

Being bound by rules will only make things more tiring.

"Yeah, sell off tomorrow!"

"what?"

Yan Li felt that it would have to wait until this Friday at the earliest, since the market sentiment was good and it had already come this far. If it could hold on for a few more days, it might be able to open up some room for further gains.

So, Lin Lang is going to smash it tomorrow?

"Yes, we'll dump them as soon as the market opens tomorrow! This afternoon, we'll find a way to get extra funds, especially for those non-leading stocks, and start selling them off across the board."

"Yeah, no problem."

……

The market closed quickly. The leading stocks remained firmly in place, while nearly twenty non-leading stocks saw significant trading volume, with most exceeding 180 million. The leading stocks, on the other hand, only saw trading volumes of 50-60 million.

The orders placed by Tianjin Capital were not filled, and over a billion yuan in funds were cleared out.

Yan Li was somewhat unsure of herself because she knew Lin Lang was going to dump the shares tomorrow.

Because... even though nearly 2 billion yuan has been raised today, Tianjin Capital's actual size in these two sectors is still around 16 billion yuan. The funds raised today are merely today's unrealized gains.

There's still 17 billion left, which is too much and will have a significant impact on the net asset value.

It's safe to say that very little can be recovered. Tomorrow, even if they do their utmost to drive all stocks to their daily limit down and sell off their holdings at the limit down price, they'll be lucky to make 8 billion yuan.

With today's funds, the total amount raised will be over 10 billion.

Their costs alone amounted to over eight billion.

As for those buried chips, it would be good if they could eventually recover 2 billion.

In other words, all things considered, they made a profit of around four billion.

The net asset value is now close to 3, which means that some funds have already doubled. Given the huge gap with the overall market, it's easy to imagine how much the net asset value will fall back.

The funds that bought into Tianjin Capital will likely experience increased losses in the coming period.

At that time, they will face enormous redemption pressure.

However, since Lin Lang couldn't hold on any longer, Yan Li could only prepare herself mentally for the worst.

Tianjin Capital is just a hair's breadth away from reaching 30 billion RMB in size, but there's definitely no hope of breaking through. It might even regress to around 15 billion RMB in size.

To be pessimistic, it might fall back to below 10 billion.

Thinking about these things, she barely slept all night.

The cost of descending the mountain was greater than she had imagined.

Tianjin Capital's record of sixteen consecutive trading days of net asset value growth will end tomorrow.

I woke up several times in a daze, and only slept for two or three hours on and off.

Yan Li arrived at the company very early on Tuesday.

Lin Lang arrived before eight o'clock.

When Lin Lang arrived at the office, he took off his coat, which made him feel much more refreshed.

The weather outside is getting colder and colder.

After arriving at the office, Lin Lang said, "I'll use the computer for a while to look up some information."

"okay."

Yan Li gave up her seat.

After Lin Lang sat down, he began to examine the overall situation of the fund.

Yesterday, so much capital flowed out of non-leading stocks, putting them under pressure today. It's better to just dump them directly; the process of being under pressure is unpleasant, and a collapse could happen at any time. Currently, the total size of Tianjin Mixed Selection Fund is 27 billion yuan, of which 11 billion yuan is in blue-chip stocks such as Muyuan and Huachuang Technology.

The remaining 16 billion is all in small-cap stocks related to 5G and ultra-high voltage power transmission.

Lin Lang had been calculating data for about half an hour. He stood up and said, "I'll go to the trading room first."

"Okay, I'll go open the door for you."

"it is good."

A few minutes later, the two arrived at the trading room.

Yan Li didn't stay there, as she had other things to take care of.

Lin Lang has just recalculated the figures repeatedly, and there is a problem with the funding ratio.

His initial idea was to drive the price down to the daily limit during the opening auction and then sell off his shares at the limit down price.

In that case, the amount of funds available for selling off would be limited. Even for those leading stocks, the maximum amount of funds available would probably only be a little over 100 million.

For those non-leading stocks, raising 50 million is considered the absolute maximum.

Based on this data, a drop in net asset value today was inevitable.

But Lin Lang must preserve the net asset value today. Only by preserving the net asset value can he plan for the future. If he cannot preserve the net asset value, things will become difficult later on.

He would never allow the net asset value to experience a large-scale drawdown, and ideally, not even a tiny bit!
Under these circumstances, he had no choice but to change his approach.

Half an hour later, Yan Li and his people arrived at the trading room one after another.

Lin Lang issued instructions: "Today, our primary task is to sell at five to ten price levels near the daily limit. Only sell at these levels. Once the price falls below these levels, we will stop temporarily and slow down. The size of a single sell order should not exceed 15 million. We should adjust the order based on the strength of the buying support and try to delay the market as much as possible."

Yan Li: "??????"

Is this what they call a market crash?
Who dumps shares like that?

Such a sell-off won't generate much capital at all.

She considered various methods of dumping shares, the one that could generate the most capital was to press the "nuclear button" during trading, which would allow her to dump 300-400 million shares in leading stocks and over 100 million shares in non-leading stocks.

With over thirty stocks involved, at least six billion yuan could be sold, and in some cases, up to eight billion yuan.

The worst scenario is selling at the daily limit down, which means the price is driven down to the daily limit during the opening auction. Because of their advantageous position in the queue, they can absorb all the funds willing to enter the market at the daily limit down price.

However, when others see hundreds of millions of sell orders at the daily limit down, their willingness to enter the market is not strong.

Even if these stocks had already generated a strong profit-making effect and were pulled back from the limit down multiple times, the total amount raised would be at most three or four billion.

The difference between the best and the worst is more than double.

But she never expected to hear from Lin Lang about a shipping method that was even worse than the worst possible outcome.

This is called selling at a high price.

No, where is there any high-level support for these stocks?
Once the price breaks through the limit, the market sentiment will collapse very quickly. If you don't take advantage of the time to grab a place in the order queue, you won't be able to sell any shares later and will be ruthlessly pushed down to the limit.

It's difficult to ship two billion worth of goods in a single day.

Yesterday's situation still allowed nearly two billion yuan to emerge, but today's sell-off only resulted in two billion yuan? What's the point of that sell-off then?
"Got it, these are the gears!"

"Also, the moment the funds come out, concentrate them to buy Muyuan. You need to push it up by at least four points to fill the gap from the recent pullback!"

"If we achieve our goal ahead of schedule, we'll move on to Wuliangye and Gaoxin Biotechnology. Our goal is to make up for the shortfall we've made in the last few days!"

……

Hengxin Capital.

They had been watching the market closely since it opened.

Dongfang Communication opened at the limit up price, but quickly released more than 20 million shares, almost breaking the limit up.

However, this was just one wave; in the following two minutes, the commotion subsided considerably.

"It wasn't Tianjin Capital...they shouldn't have done that!"

"And it's only just opened for trading; there's no support level yet..."

"No rush, wait a bit. It's probably some of the chips inside that have chosen to take profits... We're also ready to use some chips to trigger a 'nuclear button'..."

To prevent Tianjin Capital from absconding, he immediately prepared some shares and placed a sell order at the daily limit down price.

As soon as he gives the order, it will be smashed out in an instant.

In his view, Tianjin Capital should have chosen to sell off its shares gradually at the daily limit up price, with a few hundred thousand or a couple million shares, and then sell them off directly when the price was no longer under pressure at the daily limit up price.

In this way, the benefits can be maximized.

This is exactly the kind of opportunity they've been waiting for.

When the buy orders for leading stocks fall below ten million, that's when they're about to hit the jackpot.

They didn't use many nuclear buttons, only ten or twenty million. Their purpose wasn't to lock the price at the daily limit down, but to absorb the supporting shares in the middle, preventing Tianjin Capital from exiting smoothly.

They would never intentionally drive the price down to the daily limit, since they're not completely leaving the market.

If they were just going to make a quick profit and run, they wouldn't need to be in the private equity business at all; they could just be speculative investors.

In private equity, the amount of capital you hold is extremely important!

Offering chips is merely a way to balance the situation and reduce costs.

After all, they can't guarantee that once they vacate their spots, they won't have another chance to enter the game.

The market has reached a point that has completely exceeded their expectations.

Soon, the buy orders for Dongfang Communication were gradually wiped out, and the amount of buy orders fell to less than ten million.

Hengxin Capital did not hesitate and immediately pressed the button.

Besides them, other funds were also dumping shares. In just a few dozen seconds, 60 to 70 million shares were dumped, and Dongfang Communication was directly driven down by 5 points.

It's only been less than ten minutes since the market opened, and the buying support is very weak.

The only level that the market can support is the limit down.

That location might attract tens of millions or even hundreds of millions in bids, something simply impossible elsewhere.

That position can be given to Tianjin Capital. If Tianjin Capital frantically sells its shares at that position, it means that this round of market activity is completely over.

Even if Tianjin Capital wanted to take it back later, it would be impossible.

Their net asset value will plummet today, and fund investors will vote with their feet by redeeming a large number of shares. Tianjin Capital simply doesn't have the funds to continue supporting the market.

By not driving the price down to the daily limit, they are giving Tianjin Capital an opportunity to continue pushing the price up, thereby gradually regaining the initiative they have lost.

Having reached this point, they are no longer afraid of Tianjin Capital running away.

There's no way to escape! There's absolutely no way to escape!
They don't know whose funds are being used to exit the market at the opening, but regardless of whose it is, they will use this method.

If it's Tianjin Capital, then it just shows that Tianjin Capital's approach is a bit foolish...

(End of this chapter)