Reborn as a female internet celebrity in a county town

Chapter 225 I'm sorry to disappoint you!

Yan Li watched helplessly as the market collapsed, while Tianjin Capital hadn't even put up many chips.

Among dozens of small-cap stocks, a total of about one billion yuan was generated.

Indeed, they were all sold at high prices. But shouldn't the focus be on quantity at this point? Two-way trading is not allowed. Even if the China Securities Regulatory Commission (CSRC) is tolerant, it would be the worst outcome for Tianjin Capital if they were to engage in two-way trading at this time.

This means that the funds they painstakingly obtained need to be reinvested, and perhaps even more than before.

Even if they raise their placards, it might not be enough to reignite the emotions.

"Wait, don't move, push up the big-cap stocks..."

Lin Lang didn't care about any of that and turned to look at other tickets.

For example, Muyuan has fallen by four or five points in the past few days. Lin Lang immediately used his funds to push the price up. Today, the overall upward effect was very good. With just over 100 million yuan, the stock price was raised by four points.

It's very difficult for such large-cap stocks to hit their daily limit. Even if they rise immediately after the market opens, they will eventually be pushed back up because there are too many shares in them.

Few people can control such stocks; they can only be propelled by some positive news.

For tickets like these, sealing the price is an extremely unrealistic dream.

First, pull the price up by four or five points to fill the gap from the previous few days. This will release some of the selling pressure. At the same time, at this level, other funds can exchange shares, thereby locking in today's shares and funds.

Don't worry about it being driven down quickly; it's already at a very low level. Nobody is willing to throw out tens of millions or even hundreds of millions of chips, so it's falling little by little.

If retail investors don't provide enough support, the price will fall slowly; if they do, it might even rise a little.

At this time, leading stocks, represented by Eastcom, rebounded after a brief bottoming out.

At its lowest point, it nearly hit the daily limit down, mainly due to the panic caused by that wave of emotions.

However, when the stock price began to rebound, those people started to get anxious again.

Damn it, is today another trap?
For funds that haven't had a chance to enter the market, seeing the rebound begin, they rush in immediately.

The entire market is already extremely complex, with ample funds available; what's lacking is a decisive major player.

So, after rising by four or five points, they were unable to pull the boat up to the surface, even though they should have done so in one go.

"We can't give Tianjin Capital a chance to run away, smash them!"

Hengxin Capital has once again invested several million more.

They allowed Tianjin Capital to run some of their chips, but only if they ran them six or seven points underwater.

In this situation, Tianjin Capital either has to let its net asset value collapse or find a way to intervene and support the market.

Either way, it's a good thing for them.

They're not afraid of a drop, since Tianjin Capital is already involved. The more the price falls, the more Tianjin Capital will have to cut its losses.

Tianjin Capital wants to run away? Not a chance!
Tianjin Capital is left with only two paths. The first is to be forced to make a takeover bid, in which case the major shareholders will reap huge profits. Tianjin Capital may be able to save itself through other means.

The second scenario involves selling off for a few days, freeing up positions, and then starting to push the price up. This is akin to drinking poison to quench thirst, ultimately resulting in the loss of all profits.

There's no other way. Even if Tianjin Capital pulls up its stock price today, they won't give it the chance to run away. This outcome was destined from the very beginning.

If Tianjin Capital hadn't repeatedly siphoned off retail investors' funds, this outcome would have happened long ago, instead of dragging on until now.

In any case, today's market situation was the most unfavorable for Tianjin Capital. They never expected that Tianjin Capital would allow the market to be smashed open, and that there would be no contingency plan when the market was about to open.

When the water level was six or seven points underwater, the support capacity was indeed much stronger. Dongfang Communication's original transaction volume was only 140 million, but in just half an hour, the transaction volume had reached 200 million.

Before we knew it, it was already three o'clock in the afternoon.

After three weeks of excitement, small-cap stocks in the 5G and ultra-high voltage power transmission sectors have finally seen a widespread correction.

At the close of trading that day, 26 stocks hit their daily limit down, with the lowest trading volume at 280 million, while the highest single-day trading volume reached 690 million.

The core leader, Eastcom, plummeted 9.99%, just one cent away from hitting the daily limit down, but ultimately received less than six million yuan in support.

Inside Hengxin Capital's trading room, looking at the market, something felt off.

According to their plan, Tianjin Capital will either push the price up at the end of the trading day or directly drive it down to the daily limit.

In reality, although many stocks appear to have hit their daily limit down, those stocks with only a few hundred thousand or a few million yuan in trading volume at the limit down price are not really considered limit down stocks at all.

And... the overall volume is not large.

Take Dongfang Communication as an example. It had a trading volume of 690 million. Even if half of that volume came from Tianjin Capital, Tianjin Capital didn't actually lose much money.

Tianjin Capital should have at least 700 to 800 million yuan in Eastcom.

In fact, if Tianjin Capital could account for one-third or even one-quarter of the 690 million transaction volume, that would be considered quite good.

How could such a small amount of capital cause such a significant drop in the market?

Do we not want today's net asset value?

At first, they didn't think there was anything wrong, but as the market was about to close, no funds came in to push the price up, and that's when they realized there was a problem.

However, it was too late by then.

It would have been better if Dongfang Communications hadn't hit the daily limit down.

The stock price plummeted to its daily limit, locking up hundreds of millions of yuan at the limit down price. This would indicate that Tianjin Capital was at its wit's end and desperately trying to unload its shares.

Other stocks should be like this too.

In fact, the market situation doesn't resemble Tianjin Capital's exit at all.

But why didn't Tianjin Capital support the stock price?

……

Besides major institutional investors, retail investors are also paying unprecedented attention to this matter.

"Damn, I thought the market was going to go up by one point today, and my account gains would explode, but after I checked after the market closed, damn it, both of my stocks hit their daily limit down! Damn it!"

"Dude, the market is doing so well today. Apart from 5G and ultra-high voltage power transmission, none of the others have hit the daily limit down." "I bought into those two sectors, one stock from each sector."

"You must have made a lot of money before."

"What a load of crap! I just got in there yesterday, and now I'm buried alive."

"Buried? That can't be, it's not locked at the daily limit down today, you can get out at any time."

"I thought it would rebound, so I never even considered selling."

"Haha, now everyone is waiting for Tianjin Capital's net asset value today. This net asset value is sure to be very interesting."

"What's the point? So what if everything hits the daily limit down? How much has Tianjin Capital risen recently?"

"Heh, what's the use of a big rise? Today's limit down is the death knell for Tianjin Capital! As a public fund, you've been speculating on themes and making a mess of the entire A-share market. Do you think today's limit down is just a minor one? It could be seven or eight more consecutive limit downs in the future! Tianjin Capital has a heavy position in those small-cap stocks. Don't even think about getting much money out; just wait to be crushed by massive redemptions! Don't think that taking all the money out of the account won't be enough. Once it defaults, their public fund license will be revoked!"

"Exactly! I told you long ago it was a death sentence, but a bunch of idiots still insisted on rushing in. Now they're happy, aren't they? With this market, don't even think about a chance unless there are ten or eight more limit-down days! Everyone knows Tianjin Capital is involved, but even after ten or eight limit-down days, there might not be anyone willing to take over. They're just waiting for their funds to drop to only 10%! 10% of the funds, what does that mean? It would have to rise nine times to recover. How is Tianjin Capital going to rise nine times?"

"Anyway, the fund I bought is doing well today. The market rose by one point. My fund always follows the market trend, so I can finally make some money."

"No, one point is considered an increase? You've never eaten anything good in your lives."

"It's better than someone hitting the daily limit down! Although Tianjin Capital won't hit the daily limit down today, that's only because other stocks in the market are doing well. Blue-chip stocks rebounded collectively today, opening higher and consolidating for more than an hour before surging violently. There are twelve stocks with a market capitalization of over 50 billion that hit the daily limit up, and more than fifty stocks with a market capitalization of over 50 billion that rose by more than eight percent. Tianjin Capital's excess positions, even if they just buy some randomly, can still recover some losses. Otherwise, it wouldn't be far from hitting the daily limit down today..."

"I estimate that the net asset value will drop by seven points today... Those who entered the market a few days ago are still okay, but those who entered yesterday are going to suffer. This net asset value drawdown of Tianjin Capital may be historic."

"Don't even think about it, it's going to be historic! Because tomorrow Tianjin Capital will face a massive redemption, and their funds in small-cap stocks can't get out, so they can only sell off their large-cap stocks. In just two days, they will be forced to sell off all their holdings in large-cap stocks, leaving only small-cap stocks. They can't get out, and they don't have the money to pump them up. At that time, just wait for the net asset value to hit the daily limit down."

"While Tianjin Capital still has some money, redeeming your money as soon as possible is the best course of action! Otherwise, your money might not be yours anymore!"

There is never a shortage of onlookers on the internet, and they all have their own unique perspectives.

In short, the worse others are, the better.

……

Liang Jiwei did not go to work today.

Or perhaps he simply hasn't been in the mood to go to work lately.

Although he didn't tell anyone around him about making a lot of money, he could see that he had earned 100,000 yuan every day by 3:30 pm. The hard work of earning only a few thousand yuan a month had completely lost his interest in him.

However, today's sudden market change was a bucket of cold water poured on him.

The friend I know sent me a message: "You should redeem your shares now. I see many people have already started redeeming. Your profit margin is large enough that even if the price drops again tomorrow, you will still make a profit."

Liang Jiwei glanced at his account; it was indeed true.

Even though today's net asset value hasn't been released yet, based on yesterday's net asset value, his account has a total of 1.94 million.

His principal was 680,000.

If the previous net asset value growth rate continues, he will be able to earn double the profit in two more trading days.

Even after paying off the 580,000 yuan loan, he would still have more than 1.3 million yuan in hand.

Of course, there will be some pullback today. If you redeem now, you will also have to bear the market conditions tomorrow, which will likely result in another pullback.

In any case, he will definitely have more than 900,000 yuan in hand after paying off the loan.

This is still a large sum of money, and it can still change his fate.

However, for him, the initial investment was not for making money, but simply to support Yan Li.

Yan Li was like a goddess to him, just like idols chasing after their favorite stars.

Although his nearly two million yuan was not much for Tianjin Capital, he had read some comments on the internet that indicated Tianjin Capital would face increasing redemption pressure in the coming days.

He replied, "I'm not going to redeem it. I'll wait a few more days. I'll redeem 580,000 then, pay off the debt, and leave the rest of the funds there. If Tianjin Capital is gone, I don't want that money anymore."

"Are you crazy? Why don't you want the money that's rightfully yours?"

"I invested in Yan Li at all costs because of her. If I betray her now, I don't deserve this money."

"Huh? What kind of thought process do you young people have?"

"Maybe it's just me. By the way, are you planning to redeem your shares?"

"I'm not redeeming for now. As I've said before, I'm not buying funds to make money; I just want to see what happens. I hope Tianjin Capital's net asset value pullback today will be small. If it's only a three or four percent pullback, it means they've already prepared in advance. In that case, I'll wait until all the profits are lost before redeeming. If it's a six or seven percent pullback, it means they've already given up, and then I'll consider redeeming tomorrow or the day after..."

"Tianjin Capital is definitely different; Yan Li is different from others."

"You're even more obsessed than me! At least my obsession has some sentimentality, but what's wrong with you? Do you think Yan Li will marry you?"

"Since I'll never find a girlfriend in my life anyway, and I can't get one no matter who I try to woo, why not woo a good one?"

"???? No, you have over a million..."

"That money was given to me by Yan Li. I can't just take the money Yan Li gave me and use it to seduce other girls, can I?"

"You... never mind, I don't understand your thinking..." "Hey, the net worth is out!"

"I also saw +2.21%"

"That's incredible! How did they do it? Today, it would have been a success if the price hadn't dropped by four or five points, but they managed to hold on until the price hit the daily limit down and still make a positive profit?"

Liang Jiwei immediately shared the information about the net asset value of Tianjin Hybrid Optimization in the group.

He didn't know how Tianjin Capital managed to do it, but he knew that this result would be a huge blow to those who had previously been bearish on Tianjin Capital.

At the same time, he immediately discovered a video of Yan Lifa.

The video content is very simple, just a black background with a line of text written in red.

"I'm sorry to disappoint you!"

(End of this chapter)