Chapter 244 Buy More! Buy More!
Yan Li had anticipated the pressure of gaining popularity, but she didn't expect it to come so quickly.

It basically fermented for only one or two hours, and then it spread everywhere.

I posted controversial content yesterday, and today I'm already dealing with the pressure myself.

She also knew that the reason she had lost some of her resilience was because Lin Lang was no longer there.

She used to trust Lin Lang unconditionally. Even though Lin Lang didn't achieve much at first, she still felt that Lin Lang was definitely better than her.

And now, that guy Lin Lang has run away.

She had indeed considered sleeping with him, after all, she had shown Lin Lang everything, and their relationship was already very deep, so she had almost no other choice.

Choosing someone else would only completely block her future path and offer no other benefits.

But there's definitely a difference between what she thinks and what she says. If she were to say something like that, she'd be finished.

Sleeping together because of interests, sex, or feelings are three completely different concepts.

Anyway, she would never say such things to Lin Lang on her own initiative. At most, she would not resist if Lin Lang really wanted to do something.

She was restless all night, feeling completely lost about what she would face the next day.

What should I do after the market opens in the morning?
Although Lin Lang said that we should just continue to buy those stocks, the problem is... what if the net value is lower than expected?
What should I do if the market suddenly changes?

With over thirty stocks at once, Tianjin Capital's analyst team was just a makeshift operation with no real expertise. They couldn't possibly analyze them all and couldn't offer her any assistance.

As for her?
She can't analyze it all, and what if she misjudges the situation?
If it's just an ordinary fund, with a high tolerance for error, a drop in net asset value for a day or two is not a big deal.

The Tianjin Hybrid Selection Fund has too many reputations. Let alone a continuous decline, even two consecutive days of underperformance could lead to serious problems.

That's where the pressure lies.

Under the unique halo of Tianjin Hybrid Selection, even if she has some ability, she will appear inferior and lack confidence.

After dozing off for more than three hours, Yan Li arrived at Tianjin Capital.

It's already January 2nd, the first trading day of 2019.

From the moment she joined the company, she found that her mindset was completely different from before.

In the past, when she came to the company, her main task was to check the company's overall data and the work arrangements for the day, and then wait for Lin Lang to come and accompany him to the trading room.

Now, all she can think about is how to proceed today.

Even when given instructions, she still hesitates when it comes to actually doing it.

It's easy to imagine the pressure Lin Lang faces, given the frequent market fluctuations and last-minute adjustments.

The amount of capital needed to enter the market today is not large, only a little over 100 million.

The original subscription amount was over 300 million, but there were over 200 million redemptions, thus offsetting the increase of over 300 million in funds.

As the market opened and the opening auction began, she was completely clueless.

She was essentially forced into this situation; she had no understanding of the market, insufficient research, and was completely clueless about what to do next.

It's like someone suddenly handing her a project that's done exceptionally well, and she's expected to do it just as well as everyone else.

What is a call auction?
She simply couldn't keep up with everything.

Is the market open?

Why did all my holdings open higher after the market opened? What should I do if they opened higher?
According to Lin Lang's usual practice, shouldn't he sell part of the stock after a high opening?

However, that could easily trigger two-way trading, and Lin Lang hadn't done that in a long time.

Buy? What if the stock price falls during the day? If we enter at the peak, the overall net asset value will likely look terrible.

"Buy the existing positions in batches, and allocate the shares according to the position size..."

Yan Li had no choice but to issue the instructions in this way; he couldn't just do nothing after the market opened.

It's easy to understand to follow the position size.

For example, Muyuan currently holds the largest position in Tianjin Mixed Selection. After accumulating shares over the past two weeks, its total holdings have reached 2 billion yuan, accounting for 6.5% of the total holdings in Tianjin Mixed Selection. So, if 100 million yuan enters the market today, 6.5 million yuan will be allocated to Muyuan.

In just half an hour, more than 100 million yuan had entered the market.

The amount of funds is indeed not much, and there's not much to do.

Once they finished entering the market, there was no need to even monitor the market anymore.

Because Yan Li really didn't know what instructions he should give after the market changed.

She happened to see that Tianjin Hybrid Selection had previously heavily invested in small-cap stocks.

Those small-cap stocks opened at their daily limit, but after an hour of trading, the trading volume surged, and then the situation became uncontrollable.

It was obvious that some funds were trying to support the market, but they ultimately failed. Within an hour and a half of the opening, the market was driven down to its daily limit.

The stock of Eastcom saw a trading volume of 1.2 billion yuan today.

Trading is still taking place at the limit-down price, but no one can say for sure how much will be released.

None of the leading stocks could hold on until 11 a.m., and they all hit their daily limit down, with the sell orders at the limit down price exceeding 100 million yuan.

On the contrary, those non-leading stocks were slightly more resistant to the decline, and it wasn't until 11:30 a.m. that they gradually hit their daily limit down.

Lin Lang, on the other hand, sold off all his shares last Friday.

Yan Li felt her heart racing.

If Lin Lang doesn't handle this part of the position well, what should I do today?
Lin Lang could definitely predict today's market trend; he would either sell when the price hit the daily limit or pull the price up again.

But can I do it?
I can't do it myself.

At most, I analyze the trends of certain themes and then make long-term investments in them.

She certainly understands investment concepts and believes her direction won't deviate too much, but... will fund investors be swayed by their own emotions?

If you can't control your fund investors, then what's the difference between you and other mutual funds?
Lin Lang's ability to achieve this level of success with Tianjin Hybrid Selection in just one month is inseparable from his skill in understanding and managing investor sentiment.

He never disappointed his investors, and every time he reversed the market when everyone thought things were hopeless, he brought them tremendous surprises.

Otherwise, Tianjin Capital wouldn't be what it is today.

After the purchase restrictions were implemented, Tianjin Capital saw a surge in its user base, which has now exceeded one million users.

This is a number of users that even top-tier public funds envy. Judging solely from the number of users, Tianjin Capital has already crossed the threshold of top-tier public funds, but its scale is still insufficient.

……

"Damn, they smashed things up at Dongfang Communications way too fast, we haven't even finished running yet!"

Yang Kaitai couldn't help but curse.

Today is the day their holdings are 'unlocked', a date set by Lin Lang.

Although they could have run away earlier, they didn't want to have any conflict with Lin Lang over this, so they held back.

Fortunately, Tianjin Capital left them with a very good market opportunity. They not only suffered no losses, but actually made even more money. Today, the stock opened at its daily limit, and they planned to sell little by little. However, after selling less than 200 million yuan worth of shares in Dongfang Communication, the market couldn't support the price, and the trading volume even exceeded 400 million yuan.

This indicates that there is still a large amount of capital flowing with them.

Fortunately, among the other tickets, they were the only major player running the lottery.

They originally thought that the other party would definitely want to maximize profits, and even if Dongfang Communication's stock price hit the daily limit, they would probably be more cautious.

Therefore, they did not even put pressure on Eastern Communications.

To everyone's surprise, while they left themselves some room to maneuver, the other party showed them no mercy and soon began dumping shares, driving Dongfang Communication, which had only recently opened for trading, to its daily limit down by hundreds of millions of yuan.

As a leading stock, it severely impacted market sentiment. Wang Wei worried that they wouldn't be able to sell their shares, so he was forced to follow suit and sell off his shares.

The chips they held, which they bought for 2 billion, are now worth 5.8 billion.

Even based on today's limit-down price, it's close to 4.7 billion.

This massive influx of funds directly caused all the leading stocks to collapse.

Even so, all they managed to get out was 4.4 billion yuan. The rest is still waiting in line at the daily limit down, and it's uncertain whether they'll be able to get out today.

If Dongfang Communications had been a little slower in smashing things, they could have escaped unscathed.

"Other funds are fine, but the remaining 400 million in Dongfang Communications is probably going to be hard to get out."

Wang Wei's assessment of the situation was quite accurate, and he has been reviewing the situation recently.

In his view, Tianjin Capital has already left the market, but the major players inside don't want the emotions to collapse, so they have started to take over.

However, they smashed it too hard today, causing the main force inside to be unable to withstand it.

Therefore, tomorrow's market trend can be predicted.

Unless the major players are willing to bring in another tens of billions of yuan.

But where would the major players get so much money?

The most important point is that blue-chip stocks performed very well today, and the overall market also went up.

As the overall market rises, small-cap stocks will be able to absorb less and less market capital.

It can be concluded today that this round of bull market for small-cap stocks has completely ended.

He hadn't expected Tianjin Capital to give such a precise deadline.

It's just one day; whether you run or not is up to you.

If they don't run today, they'll never have another chance.

Fortunately, they sold a lot of stock at the daily limit up today; otherwise, if they had sold at the daily limit down, they would have suffered huge losses and might have had to give back a large portion of their profits.

Now, even if the 400 million yuan in Dongfang Communication cannot be withdrawn, and all the remaining chips are withdrawn, the total amount can still reach around 5 billion yuan.

Compared to the cost of two billion, it's already considered a huge profit.

Moreover, at most, Eastcom's revenue will be halved again, and there will definitely be no problem for them to come out with another 100 million yuan in the end.

How exactly did the market change?

Wang Yuheng was rather confused throughout; he didn't quite understand it.

However, he knew he had made money this time.

Although he only invested 30 million here, he earned much more from the money he invested in Tianjin Mixed Selection. Currently, his personal assets are about to exceed 200 million.

This was the only profitable investment he ever made in his life.

Although Yang Kaitai felt a little regretful, he was mostly excited.

Because his funds have already exceeded one billion!

Ten billion!

He never imagined in his life that he would have so much cash on hand.

Meeting with Shen An'an this time was the wisest decision he had ever made.

If we had invested all 400 million yuan in Tianjin Hybrid Selection back then, we could have earned even more; it would now be 1.4 billion yuan.

But there are no ifs.

At the Qingju Hotel in Tianshui County, Wang Wei said, "Regarding the funds, let's do a quick accounting. Since everyone is involved, the profits will definitely be divided proportionally. Whoever takes more will have some transferred out."

Yang Jingyuan said in the group: "I have something to tell you all. Fu Xueqing is my granddaughter. You can give her the money I'm short. Also, I won't be involved in anything from now on. As for the share I promised to invest in Xinglan Real Estate, I'll give it all to Fu Xueqing. I'm very happy to meet you young people. I hope you can help out my granddaughter in the future."

After saying that, Yang Jingyuan left both groups.

Before anyone could respond, they looked at Fu Xueqing standing to the side.

Wang Yuheng wasn't surprised, because he had told his father about the people around him, and his father had helped investigate them.

Wang Wei glanced at Fu Xueqing. This woman was not only Lin Lang and Yan Li's classmate, but also Yang Jingyuan's granddaughter. No wonder she was so mysterious and generous.

“Let’s calculate it as 5 billion. After deducting the principal, everyone will keep 1.5 times the amount, and the rest will be given to Fu Xueqing.”

Fu Xueqing did not refuse, because she did need to invest a sum of money in Xinglan Real Estate and hold it for a year.

As for the money she had placed in Tianjin Mixed Optimization Fund, she didn't want to touch it, because once she took it out, there would be no more opportunities to buy more.

……

Until the market closed, retail investor Hu Weimin firmly believed that the market could continue to rise today.

Even up to the last second before the closing auction, he remained absolutely convinced.

Because this has been proven in the past.

Otherwise, how could there be such high support at the limit down price?
But after the closing auction ended and the market officially closed, he stared at his stock holdings and saw a -10.01% drop, and he stood there dumbfounded.

"This can't be right, this can't be right... Today's trading volume reached 800 million, with a 15% turnover rate, how could it possibly hit the daily limit down!"

"It's all fake, just another market manipulation stunt! It'll be back tomorrow, it'll definitely be back tomorrow..."

He couldn't accept this reality because he had entered the market at a high point last Friday, and with his entire capital.

At the opening of trading today, I was up 10 points with my entire portfolio, but by the end of the day, I had lost 10 points with my entire portfolio.

"Even if it opens at the daily limit down tomorrow, I'm not afraid. These stocks won't fall easily..."

What about Tianjin Capital's net asset value?

"Tianjin Mixed Optimized Selection rose five points today?"

"They must have dumped the shares, and they definitely still have positions in the market. They'll definitely push the price up tomorrow!"

"If it opens at the daily limit down tomorrow, I'll liquidate all the P2P lending platforms and buy more! Buy more! Buy more!"

(End of this chapter)

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