Reborn as a female internet celebrity in a county town
Chapter 307 Why is one person missing from the group chat?
Chapter 307 Why is one person missing from the group chat?
"So what was your real intention when you raised that sign?"
Yan Li felt that Lin Lang's thinking was simply too outrageous.
Did he go and make empty promises to Guan Sheng?
That would kill you!
You can make mistakes or be incompetent in front of Guan Sheng, but you absolutely cannot treat him like a monkey.
"We need to make money, otherwise how will we pay the interest of over a billion yuan every year? As long as we stabilize this market trend, we can use the money from the new funds to prop up our current holdings after they enter the market. Once the price has risen to a certain level, we can then use our own funds."
Yan Li: "??????"
"Take them all out?"
"Of course, funds also have cycles. Our interests certainly can't be harmed. It doesn't matter to the fund investors; we've already helped them make money overall..."
Upon hearing this, Yan Li felt that it coincided with her previous understanding.
This is the real Lin Lang...
but……
"What if we don't satisfy Guan Sheng, then..."
"What if things turn out that way? That's his own choice! As long as we don't collude with those established mutual funds, we're all valuable to him. How much can he lose? Besides, we're not lending money without paying interest."
Lin Lang's meaning was already very clear.
Making empty promises to Guan Sheng was just a way to get money.
Moreover, Lin Lang didn't ask for it; it was Guan Sheng who offered it to him in order to feel involved.
After arriving at the company, Lin Lang went to the trading room, while Yan Li was busy with other things.
Half an hour later, Tianjin Capital issued an announcement regarding its acquisition of a stake in Ganfeng Lithium...
Indeed, it had a certain impact on market sentiment. A large amount of funds entered the market, absorbing the shares that had hit the daily limit down. Many retail investors who wanted to exit their positions chose to cancel their orders.
Some orders were cancelled in time and then re-entered, essentially performing a reverse T trade within the day.
But a reverse T is better than missing out.
However, even with market sentiment today, it's still very difficult for companies with market capitalizations of several hundred billion or even one or two hundred billion to hit their daily limit.
Today, after gradually rising from below the surface, the momentum waned. These large-cap stocks already have a large number of retail investors, and today's rise represents a four-year high for almost all stocks, meaning everyone has broken even.
With several billion yuan of assets locked up again at Tianjin Capital, many people online have already posted screenshots of their redemption applications.
This has led to a significant dampening of overall sentiment. Apart from stocks that have seen a surge in shareholding increases, the sentiment for other stocks has been quite weak, remaining relatively stable at around one point above the current level and unable to rise further.
And so, we waited until the market closed.
The net asset value of Tianjin Hybrid Selection was still four points, but by 6 p.m., the redemption amount had reached a staggering 7.6 billion.
This 7.6 billion is what we're going to give out tomorrow.
“Tell your dad that the 20 billion he prepared can be considered a loan to us.”
Lin Lang said something to Yan Li.
Yan Li: "..."
borrow?
His own father only wanted to earn that little bit of interest?
His funds weren't his own money like medical insurance or social security; they were raised from outside sources.
In other words, there are costs associated with using one's father's funds, and these costs may even involve interest rates of no less than four percent.
Don't even mention that Tianjin Capital can't offer high interest rates. Even if they offered eight percent, would my father care? Raising so much money would consume too many things, and those few percent interest rates simply can't cover it.
"I'm afraid it will be difficult. I haven't dared to tell him about it yet..."
Lin Lang handed her the USB drive and said, "Just open the USB drive and repeat what I said in the meeting room today in front of him."
Yan Li: "???"
You make empty promises to Guan Sheng, but then you go back and make empty promises to your own father?
Tianjin Capital is practically turning into a fraudulent company!
Lin Lang stuffed the USB drive directly into Yan Li's pocket and then left the company.
Half an hour later, Yan Li returned home.
Yan Keming has not left; funds are being allocated, and they are also waiting for Tianjin Capital to release an announcement.
Normally, an announcement should be prepared today.
After all, market sentiment has almost reached rock bottom today, and the goal of guiding fund investors has been largely achieved. The next step should be to stabilize market sentiment.
"Why wasn't an announcement released today? Is it because Guan Sheng hasn't approved it yet?"
Yan Li hesitated slightly before saying, "Dad, the funds you have might not be needed."
"What do you mean?"
Yan Keming could not accept this outcome. He had paid a heavy price for the fund allocation, and now it was inexplicably said that it was no longer needed.
“Dad, something happened. Guan Sheng called us over today and said he would help us figure out a solution, so we don’t need your funds for the time being.”
Yan Li didn't want to screw over her father. Once the funds reached Tianjin Capital, Lin Lang would definitely not return them easily. The annual cost of capital was extremely high for her father, and he might lose hundreds of millions of yuan.
That's hundreds of millions! My dad can't afford to lose that much.
If we withdraw now, the only cost will be the initial scheduling costs, which will probably be tens of millions.
"Guan Sheng, can you find a solution? What exactly happened?"
"It was Lin Lang's eloquence that convinced Guan Sheng."
"What did you say?"
Yan Li: "..."
She really didn't want to say it.
Seeing Yan Li's hesitation, Yan Keming said coldly, "In short, this matter cannot be changed so easily. I've mobilized hundreds of billions of funds, not to mention the monetary cost, the cost in terms of connections alone is unimaginable..."
"Dad, let me tell you what Lin Lang and Guan Sheng said."
"Well, you said."
"The PowerPoint presentation is on this USB drive..."
Yan Li called her father to a family meeting room where there was a multimedia projector.
Yan Keming looked at the content displayed in the PPT, from the proportion of established public funds in the top ten holdings of Tianjin Hybrid Selection Fund, to the fact that liquor is a graveyard for public funds, and so on...
After listening, he showed no emotion whatsoever.
He sensed something was off. How could such a simple PowerPoint presentation have convinced Guan Sheng?
"Lili, did you forget something? Some of the steps don't seem to be closely related."
Yan Li: "...Dad, there's another key point here. Tianjin Capital is about to launch two new fund products, and Lin Lang plans to use them all to buy our top ten holdings."
"Hmm? Two new funds have been launched? What are their characteristics?"
"Still an equity fund."
Is there a sales period?
"Have."
Is there a limit?
"Yes, there are two limits, one with a limit of 500,000 and the other with a limit of 200,000."
Yan Keming remained silent for a while.
These settings are brilliant.
The instant delivery seems to be specifically designed for certain individuals. Tianjin Capital's shareholding increase will definitely have consequences; these stocks cannot rise indefinitely and will inevitably experience a correction.
What happens after the pullback? Those funds that profited by following Tianjin Capital, will they still be able to operate after Tianjin Capital is no longer their main driver?
With purchase restrictions on Tianjin Mixed Selection and the impending price correction, it's impossible to buy Tianjin Global Selection due to a lack of available quotas.
Coincidentally, Tianjin Capital has just launched two new products...
Without a doubt, tracking these two new products is the best option for those funds.
Restricted sales period? They won't care; they only care whether the fund has purchase restrictions.
The purchase limits of 200,000 and 500,000 respectively hit the nail on the head regarding those funds.
Because of the purchase restrictions, they have confidence in these two funds, plus Tianjin Capital's past track record.
Tianjin Capital will then use the money from this source to take over their top ten holdings...
Moreover, the purchase limits of 200,000 and 500,000 yuan can ensure that the overall amount of funds is not too small.
If the limit is 10,000, even if hundreds of thousands of people come in, it won't amount to much money.
Two hundred thousand and five hundred thousand are divided into two tiers. Subconsciously, people will feel that the two hundred thousand limit is more impressive. If they have the funds, they will buy the two hundred thousand limit first, and only buy the five hundred thousand limit if they have extra funds.
If you limit purchases to one million, it won't have the same effect; the scarcity factor won't be strong enough.
This strategy demonstrates how to leverage external forces perfectly.
In any case, as long as the same fund manager does not hold more than 5% of the total shares of a certain stock, there will be no disclosure of shareholding, and no announcements are required for subsequent transactions.
As for Tianjin Capital, Lin Lang can simply find any fund manager and arrange things behind the scenes.
At worst, Lin Lang will simply stop taking responsibility for the Tianjin Mixed Selection; after all, he has never been in the public eye.
Yan Li noticed that her father was deep in thought.
No, what's there to think about?
Could my own father really be taking this seriously?
She quickly said, "Dad, to tell you the truth, this is just a pie in the sky for Lin Lang. He never intended to do it."
Yan Keming said with a smile, "He's not interested in the funds I have?"
"Yes, he wants to borrow..."
Yan Li felt that this reason was enough to make her father back down.
This was indeed a bit of a hassle; she hadn't expected Lin Lang to deliver such an outrageous impromptu speech.
However, the next second, Yan Keming said, "Lending is fine. I'll transfer 10 billion to your company tomorrow, and the remaining 10 billion will be given to you before this Friday."
"Huh? Dad, no..."
"Let's just say that. Anyway, it's all already been allocated, so it doesn't matter who uses it."
Yan Keming got up and left the conference room.
His expression remained calm throughout, but his slightly trembling hands betrayed his inner turmoil once he returned to his room.
He didn't believe this was just empty promises from Lin Lang. How could such a meticulously crafted structure be nothing more than empty promises!
With such a huge potential, even if it's just a pie in the sky, I'd still eat it!
……
As someone who was once halfway to middle age, Lin Lang had a certain understanding of the psychology of middle-aged men.
Many of their company's senior executives earn annual salaries of several million or even tens of millions of yuan, and they almost always choose to start their own businesses midway through their careers.
The more capable a person is, the more they will think about starting their own business; they are never content with their current situation.
Their forties are the last few years when their ambitions are at their peak. After they turn fifty, their energy begins to decline, and they gradually give up some of their ideas.
There are very few people in the world who earn hundreds of thousands or tens of millions a year and can maintain a heart that dares to be mediocre. If there were, they would never have gone this far.
For people like Yan Keming and Guan Sheng, their ambition increases exponentially.
Around 7:00 AM, Lin Lang received a message from Yan Lifa while he was in the hotel.
"My dad agreed."
"Really? Then it's settled."
"I don't understand... why my dad would act like he's possessed when I said something so calm..."
"You don't understand the ambitions of middle-aged people."
"You seem very old..."
……
"Lin Lang, I feel like I've gone a bit too far. I can't handle it."
"What? You're saying I'm too big?"
"Tianjin Capital has already exceeded 100 billion!"
You said you were already going there?
"Tianjin Capital's leverage was already high enough. Now you've essentially given it several times the leverage again, which will lead to a margin call!"
"Okay, I'll be gentle."
……
The answer is irrelevant, and the statement is ambiguous...
Yan Li knew that she had become a tool in this matter.
No matter how much she studies, she still can't do this.
Of course, the learning process must not stop, but there will be some sense of loss.
She always thought she was following in Lin Lang's footsteps, but this guy just threw her off the bus with a single pancake.
……
The riverside community where Pu Min lives has been bustling with activity since the market closed.
Around 1 p.m., they held a meeting at Xincheng Capital, where He Qiang responded to the issue of many shareholders withdrawing their shares.
You can withdraw your shares, but the refund will only be given after the new year.
It wasn't much money; nearly 20% of the equity was returned, totaling less than five million.
Another issue concerns everyone's own funds. He Qiang insists that the funds for the withdrawal of shares will not be redeemed until Thursday.
After some debate, no one could convince He Qiang, and they had no choice but to agree.
In their view, that was all small change.
After finishing this matter, Pu Min did not go back, but stayed in the city.
The people in the group no longer need to give He Qiang any face, and naturally, they don't need to think about Tianjin Capital anymore.
We're all okay now.
"Insider information suggests that Tianjin Hybrid Selection's redemption funds today may have reached 8 billion. They only managed to stabilize the situation by acquiring another stock today. Tomorrow, they won't have the funds to acquire more shares. If they do acquire more shares, they won't be able to allocate their positions."
"Holy crap, eight billion? That's an insane redemption amount."
"The funds in Tianjin Capital are not stable at all. They can only make money every day. Once they start losing money, those fund investors will run away immediately. They have no financial foundation."
"I heard that the two banks in the city are completely bewildered, and now even the news that Tianjin Capital is going bankrupt has spread online..."
"Bankruptcy? Surely not?"
"That's outrageous! The four stocks they've acquired have a combined market capitalization of nearly 20 billion. Today, the net asset value just went up, and the overall redemptions haven't been that high yet. But if Tianjin Hybrid Selection Fund starts to fall for two consecutive days, it's possible that 20 billion could be redeemed in a single day. Companies like Tianjin Capital, which rise so quickly, can collapse just as fast. Who knows, in two or three days, Tianjin Capital might not be able to pay its investors' redemptions. At that point, they'll have no choice but to suspend redemption applications. Once that button is pressed, it means Tianjin Capital's credibility is bankrupt, exacerbating panic and ultimately causing a further run on the fund."
With 20 billion yuan in restricted funds, Tianjin Capital has no way out. What awaits them is asset restructuring and asset trusteeship. At that time, Tianjin Capital will have to change its name and will have nothing to do with Lin Lang anymore, hahaha..."
"Huh, why is someone missing from the group chat?"
(End of this chapter)
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