Reborn as a female internet celebrity in a county town

Chapter 363 First Exchange of Wealth Coins

Lin Lang entered the market early after seeing the liquor stocks open lower.

This is the current trend for baijiu (Chinese liquor); the tone was already set in those two trading days before the Lunar New Year.

It opened lower, rose, and then fell back.

It usually opens two or three points lower, rises to one or two points above the water level, and then falls back to half a point above or half a point below the water level.

Managing funds in the overall market also requires controlling market sentiment.

You can't let the market lack the expectation of making money, otherwise all the retail investors will run away.

The ultimate secret is to get retail investors to buy more shares and chase the high prices!

To get retail investors to increase their holdings, you need to create a profit-making effect for them. The more they earn, the more greedy they become and the more irrational they lose.

As for encouraging retail investors to chase high prices? It's about raising their psychological expectations. Retail investors originally thought that opening low and closing high every day was perfect for day trading. They would divide their positions into two parts: one part bought the day before, and the other part bought when the price opened low that day. When the price surged, they would sell the half of the position bought the day before.

Alternatively, you can go all in, sell when the price surges, buy back when it falls back at the close, and wait for the next day's surge...

There are many methods, but once you develop a habit of T (trading), it's easy to control.

If the price rises by two or three points the next day, funds that are engaged in day trading will be eager to exit, and then... the price will rise directly.

This situation could lead to two possible outcomes.

Impatient people will rush in when the stock price is up seven or eight points, only to see it fall back down... trapping their opponents at the high point.

It doesn't need to drop too much. If it consolidates for a day or two below the water level, the other side will cut their losses.

The funds used to cut losses can effectively reduce the holding costs of major players.

Those retail investors who are afraid of heights will continue to observe from the sidelines.

Even if the index drops from eight or nine points to five or six points on the same day, and then opens one or two points lower the next day, they still don't dare to come in.

But as long as the price can be stabilized below, they will enter the market within a few days, on a day when the price opens lower.

The so-called profit-making effect is simply the amplitude of the fluctuation.

Without volatility, it's difficult to generate any profit, and investors gradually become less interested in it.

Another issue is that the losses cannot be allowed to continue to mount...

However, none of this mattered to Lin Lang, as he couldn't conduct two-way transactions that day, nor was it necessary.

He was gradually increasing his holdings of baijiu (Chinese liquor).

Besides baijiu (Chinese liquor), other consumption areas have also expanded today.

In the A-share market, the consumer sector is undoubtedly dominated by liquor stocks, not because of their large size, but because the potential for speculation in this sector can be manipulated.

Actually, the largest category is consumer electronics, followed by liquor, and then consumer appliances, etc.

Lin Lang's side has also started to gradually acquire some initial positions, because the liquor sector certainly cannot accommodate all the funds of those public funds, and other core stocks in other sectors are also the direction they are focusing on.

The New Year is over, it's time to get started.

For example, Pien Tze Wong and Tong Ren Tang are similar to baijiu (Chinese liquor).

All they need to do is inflate the price of their core products, and the potential for growth in the stock market will be unlocked.

Therefore, the price of a regular Flying Apsara can soar to over three thousand this year, while a single Pien Tze Huang can sell for one thousand two hundred.

At the same time, there is also speculation in the market about the price of Angong Niuhuang Wan, especially the older versions, which are sometimes raised to 200,000 to 300,000 yuan per pill.

In some ways, the A-share market is similar to the US stock market.

The reason why US tech giants can make so much profit every year, besides their scale, is mainly because they exchange orders with each other.

After all, an increase of $100 million in net profit would allow them to gain more than $4 billion in value in the financial market.

However, they don't do it much on a regular basis, so most people wouldn't notice.

It wasn't until later, when OpenAI completed a closed loop with NVIDIA and Oracle, that this model was brought to the forefront.

The specific operational method is that openAI purchases cloud services from Oracle, Oracle builds data centers and needs to purchase chips from Nvidia, and then Nvidia makes a strategic investment in openAI.

The massive amount of money passed through various hands and completed its cycle.

Oracle's performance has surged due to the expansion of its data center business and stable future orders, leading the market to give it extremely high valuation expectations.

Nvidia has not only significantly increased its product distribution, but has also invested in the currently hottest big language model, both of which are expected to boost its performance.

Next up is OpenAI. It has secured investment and launched its business. Regardless of whether it makes money or not, let's just ask if its future is promising.

And so it went, the three families stepping on each other's feet, rising from the ground to the sky.

The tactics employed in the A-share market are far less ambitious than those used in the US stock market. At most, they maintain the buzz surrounding the companies to ensure that investors are willing to endorse their stock prices.

If the A-share market were to operate like the US stock market, well, the A-share market doesn't have anything that can be operated like that.

It wasn't until the end of the trading day that Lin Lang had time to take a look at his top ten holdings.

Overall, it's not bad, even though BYD has already opened for trading.

However, the increase was not significant, and the net asset value of Tianjin Hybrid Selection will inevitably decline somewhat today.

Among them, CATL and Tianqi Lithium are in the best position today. One has a small number of shares in circulation, and the other has a relatively low market value.

These two barely managed to get into positive territory, but each only rose by less than one percentage point.

Other stocks saw some recover from their limit down to a drop of four or five percent, while others dropped to a drop of two or three percent. Among them, BYD and Muyuan, due to their larger market capitalization, remained at a drop of seven or eight percent.

The fact that the market was able to absorb these today means that most of the panic selling has already occurred.

Lin Lang can completely accept today's decline.

Don't expect to pull the price up to the ceiling; that's unrealistic and would only result in you pouring all your funds into the stock, leaving you in a very passive position afterward.

Anyway, those two new funds have a lock-up period and cannot be redeemed within six months, so even if the fund investors feel that the increase is not as expected, they can only endure it.

At 3:30 PM, the net asset value of Tianjin Hybrid Selection was released.

Overall, it fell by three points.

……

"Holy crap, it only dropped three points? I thought we were doomed today, it was going to drop six or seven points! We've won so much!"

"All the risks have been released today, and now it's all good news. Tianjin Hybrid Selection has been working on this for so long, it's time to move forward!"

"I have a feeling that Tianjin Mixed Optimized Selection will double its value this year!"

"You're dreaming! Do you know how big Tianjin Hybrid Selection Fund is now? Over 100 billion! It's the largest fund of all, currently the only one with a scale of 100 billion. Doubling it? You're dreaming."

"Dude, that's Tianjin Hybrid Selection! It's a fund personally managed by Goddess Yan. Its net asset value is still 7.7. Even if it doubles, it's only 15. Is that so difficult?"

"To tell you the truth, it's very difficult! Because during the period when the net asset value skyrocketed, the scale of Tianjin Hybrid Selection was very small. Now that the scale is large, if they want to double their value, it means they need to earn more than 100 billion. Have Tianjin Hybrid Selection earned 100 billion since its establishment?" "They've only been established for a little over two months, less than three months."

"...You bunch of filial sons of Tianjin are hopeless!"

"Hehehe..."

……

Inside the office, Lin Lang also had his own workstation.

He was going to have lunch with Yan Li later, so he was looking up some information at his workstation.

Around 4 p.m., Yan Li received a phone call.

"Leader Guan..."

After saying this, Yan Li glanced at Lin Lang.

Lin Lang was also drawn over at this moment, and as Yan Li turned on the speakerphone, Guan Sheng's voice came through.

"Mr. Yan, are you not busy right now?"

"No rush, please go ahead."

"Here's the thing, didn't you say yesterday that you wanted to launch another QDII fund? Although the China Securities Regulatory Commission has run out of quotas, I managed to get some for you from elsewhere, a total of US$1.5 billion."

"Really? I'm sorry to have troubled you."

"It's not that troublesome. It's just that the medical insurance side wants a quota of $500 million. They want to become a limited partner (LP) of Tianjin Capital. The medical insurance side also contributed to this $1.5 billion, so I agreed on your behalf. That shouldn't be a problem, right?"

After hearing this, Yan Li glanced at Lin Lang.

Lin Lang nodded silently.

Yan Li replied, "Yes, no problem."

"Okay, then you can apply to me anytime. The US dollars here will arrive in my account tomorrow."

"okay."

After hanging up the phone, Lin Lang said, "Guan Sheng actually managed to forcefully obtain foreign exchange? Fifteen billion US dollars is no small amount..."

Yan Li: "..."

Is 1.5 billion US dollars a lot? You said last night that you would distribute 3 billion US dollars in dividends.

"Hmm, what do you plan to do?"

"Of course we're giving them away! Before the gold coin merger starts, we should give our fans some perks. After all, we've tricked them out of a lot of money, so we need to appease them. I'll go to the app project team right away and have them increase the exchange inventory."

Currently, although there is an exchange option, it has not been actually opened yet, and all inventory is zero.

Tianjin Hybrid Selection doesn't require much capital right now, and the first step is crucial for the gold coin system to stand firm.

If a large number of gold coins are wasted the first time, or if the conversion of gold coins into a share of returns is less than expected, the entire system may collapse.

Lin Lang was determined to attract that group of crazy cryptocurrency speculators.

Instead of losing money abroad, why not play the game domestically?

Anyway, I'll definitely give them plenty of room to imagine.

Ten times the return in a year isn't enough? Then let's go twenty times!
Forty times in two years isn't enough? Then let's go for a hundred times!
If you're so capable, then speculate wildly; I've prepared billions of gold coins.

Tianjin Wealth app quickly pinned a post to the top.

Happy New Year, dear users!

Mr. Yan entrusted me to tell you something here. Given everyone's enthusiasm for Tianjin Capital's QDII fund, Tianjin Capital has been actively trying to open a new QDII fund.

Fortunately, thanks to Mr. Yan's efforts, one of the limited partners brought in US$1.5 billion in foreign exchange, giving Tianjin Capital the opportunity to reissue a QDII fund.

Currently, the fund's approval process is underway. After careful consideration, Mr. Yan has decided that, apart from the $500 million that the LP will take, the remaining $1 billion will be allocated to the users.

Because there are many users interested in Tianjin Capital's QDII fund, and in the spirit of giving everyone a chance, Mr. Yan has decided to open the exchange channel starting today. Each account will be limited to exchanging 10 gold coins for 1,000 yuan in quota in the first batch. If there is any quota left after the first batch of exchanges, it will be released at 8 pm on the night before the fund is officially launched, on a first-come, first-served basis.

Based on a price of 1,000 RMB per share, this $1 billion investment amounts to 6.8 billion RMB, which is approximately 6.8 million shares. Subscriptions will begin after 8 PM tonight.

For specific subscription methods, open the Tianjin Wealth User Center, click Gold Coins, click Exchange, click Exchange QDII Fund Amount, select the exchange quantity, and confirm the quantity.

Tianjin Capital kindly reminds you that there are risks involved in wealth management, and you should be cautious when investing. Please read the agreement carefully before confirming, as confirmation means that you have understood the risks of wealth management.

Tianjin Capital reserves the right to the final interpretation of this announcement.

that's all.

Date, Mr. Yan's assistant.

Six million eight hundred thousand copies, which will consume a total of sixty-eight million gold coins.

It certainly won't be much overall, but we have to let them have a taste...

The post was pinned to the top of all sections across the platform. At this point, most users had enough gold coins to spare.

Even if you don't have it now, you can get it by checking in.

There are at least 6.8 million copies; they certainly won't all be snapped up within a day or two.

If they really sell out quickly, there's nothing Lin Lang can do; he's done his absolute best this time.

Some people sold their gold coins cheaply, which should serve as a wake-up call for them.

Undoubtedly, the post sparked a huge discussion the moment it was published.

They are really envious of the returns from QDII funds.

In just over a month, it has increased almost tenfold; they never dared to dream of such returns.

only……

"No, I've saved up over a hundred gold coins, and you're telling me I can only exchange for a thousand? What about my other gold coins?"

"Exactly, a thousand yuan is too stingy. Can't we just grab it by speed? According to the previous standard, it should be at least ten thousand yuan... or at least five thousand yuan would be fine."

"A thousand credit limit is really meaningless; it's neither satisfying nor worth giving up."

"There are only four people in my family. Even if we put them together, we can only apply for 4,000 yuan? This is all for nothing."

"Wait, where did you get so many gold coins? Shouldn't we only have twenty gold coins right now?"

"Brother, you're late. You can reply on your first day here. The assistant gave out 100 replies. A total of 100,000 people received them. It took a whole day to get 100,000 replies."

"Holy crap! What did I miss? Gold coins are already worth twenty on the black market."

"You're wrong. Some people have already opened up to twenty-two. Since some people haven't checked in for ten days, and you won't be able to use them all anyway, do you want to sell them to me? I'm absolutely trustworthy. All my posts on my homepage can be verified. I'll make the payment via Alipay immediately."

(End of this chapter)