Reborn as a female internet celebrity in a county town
Chapter 364: Not 1x, not 3x, not 5x
Chapter 364 It's not one time, not three times, not five times...
After the market closed, Huang Yusheng didn't know whether he should feel fortunate or sad.
Fortunately, I managed to escape today; otherwise, I wouldn't have gotten the rebound profits.
Today he only lost four percent overall, which was completely different from his expectation of a full-position limit-down, and helped him stop the loss of more than 100 million.
However, their company was targeted by Guan Sheng, making it impossible to complete any subsequent transactions.
If they limit each transaction to ten lots, it'll be ages before they can sell their stock.
They avoided losing over 100 million yuan of their principal, but the price they paid was that things would likely be very difficult for them in the future.
Damn it, that bastard Lin Lang deliberately set me up. I'll kill you sooner or later!
He has recently lost all sense of joy in life.
He used to have direction and goals, and each year was better than the last.
But now...
Locked firmly in place, unable to move at all, any thoughts were nothing but illusions.
Unfortunately, when I casually opened my phone, I saw news about Tianjin Capital's newly launched QDII fund.
He didn't download the Tianjin Wealth app, but other financial news outlets would reprint it.
After reading the post, he felt that Tianjin Capital was incredibly stupid!
What kind of bullshit is this? They created a gold coin system and think they're Bitcoin?
Want to empower your gold coins?
Do you even deserve it?
Guan Sheng is really good to Tianjin Capital, that bastard. He casually gave them over a billion US dollars in QDII quotas.
Many top-tier mutual funds probably haven't received this much funding over the years.
QDII funds are in high demand; acquiring one is practically like earning management fees for free.
Tianjin Capital's success is purely based on luck; even the most brilliant person couldn't achieve tenfold returns in a year.
That's not hundreds of thousands, millions, or tens of millions, but tens of billions to hundreds of billions.
They even set a limit of one thousand yuan...
If you could really earn ten or twenty times your initial investment in a year, that would be incredibly impressive, instantly empowering Tianjin Wealth Coins.
But if we could make double or triple our money, who wouldn't need a thousand or two? After all this time and effort, this is all we get?
The extra step itself raises people's expectations; anything less than ten times higher is considered below expectations!
Huang Yusheng believed that Tianjin Capital had considerable strength; otherwise, Guan Sheng wouldn't have gone to such lengths to help them.
But even with the strength, the potential is at most one or two times; ten times is not a matter of strength at all.
They were already incredibly lucky on Tianjin Global Selection, can their luck really explode now?
Moreover, the US stock market is not as simple as it seems, and you can't just buy any stock and make money.
First, you'll face the extreme volatility that US stocks love to experience. They can wipe out both bulls and bears, and if you're using leverage, you might end up with a margin call.
Without leverage? You can forget about achieving results that match your reputation.
Anyone who frequently trades stocks knows that failing to meet expectations is a major negative!
Tianjin Capital has set its sights too high; it either rises all the way to the top of the world or it could collapse at any moment.
"Boss, I called the China Securities Regulatory Commission (CSRC) and they said our account is at risk. They told us to observe it for a year before making any decisions."
"What the hell? A year? Why don't they just send us to our deaths?"
A year...
This means that they will be unable to perform almost any operations for a year.
Fuck him!
……
"Tianjin Capital's foreign exchange quota is brought in from outside. If you have the ability to bring in foreign exchange from outside, I can also approve it for you!"
"that's all!"
Guan Sheng received several phone calls in a row.
Although he helped with the matter, the funds were not from within the system, and he had no right to distribute them to others.
However, when he re-examined Tianjin Capital's gold coin system, he sensed a strong risk within it.
Tianjin Capital's idea of empowering the gold coin system is very dangerous.
Although the product of gold coins is legal and compliant in its underlying design, there is no guarantee that others will not use it for illegal purposes.
For example, money laundering.
For example, transferring assets.
The greater the empowerment, the greater the risk.
Regardless of whether Tianjin Capital has endowed them with monetary attributes, as long as Tianjin Capital has given them value, then others can use them as currency.
In particular, the potential for appreciation will attract countless people to enter the market.
He couldn't sleep at night, so he simply called Lin Lang.
He knew that this gold coin system must have been developed by Lin Lang.
"Lin Lang, I'm sorry to bother you so late, but there's something I want to tell you..."
"Leader Guan, please say..."
"That's right. I think there are significant risks and hidden dangers in the gold coin system in your Tianjin Wealth app, especially in the way you're empowering those gold coins. Once the empowerment is successful, it will cause a lot of trouble for our currency supervision."
"Leader Guan, you're overthinking it. First of all, all our gold coins are traceable. Each coin is numbered when it's created, and every time it's given away, a record is kept. Plus, all our accounts are registered under real names. No matter how many transactions someone makes, the data will be saved, even if it's transferred ten thousand times! If they want to use Tianjin Wealth gold coins for money laundering or something like that, they'll eventually have to go through the transfer process. We can trace it all the way back to the last step and pinpoint the person making the transfer."
Regarding asset transfer, you can rest assured that Tianjin Wealth Gold Coins are only issued to users with domestic identity verification and do not verify external identity information. Even if you want to transfer assets, you can only do so within the country, and the relevant user will still be locked in China.
Even if Tianjin Wealth Coins don't exist, it won't affect their ability to do those things; on the contrary, it will make the entire traceability system more complicated.
Finally, Tianjin Capital will use up all the gold coins as soon as possible.
How is it consumed?
"First, there's the base amount that's being exchanged, which is expected to consume about a third of it. Secondly, there will be a special option that allows you to use five million gold coins to have Mr. Yan treat you to a meal. There are three exchange opportunities per year, and this is one of the main ways to consume the funds."
Are you sure your side can trace everything back to its source?
"Sure!"
What if regulations were relaxed?
"Of course we will cooperate fully. If we can help the country solve various crimes conveniently, it will be a good thing for us. It's just... I think we should keep it quiet in advance. If someone really uses Tianjin Wealth Gold Coins to launder money or transfer assets, we can catch them quietly. It's better than someone buying some gold or transferring cash little by little in private. It would be very difficult to trace the source."
Guan Sheng thought for a moment, then suddenly asked, "Lin Lang, what are you thinking?"
"I didn't think about anything."
“You designed this product and then forcibly empowered it. You say you didn’t think anything of it? I simply don’t believe you.”
"Leader Guan, each generation should have its own share of the benefits. If our generation doesn't have its own share, then the chances of this generation succeeding will be greatly reduced, and it might even affect the next generation. Tianjin Capital is limiting purchases on all its products. We're clearly making money, why wouldn't we want to? If we really opened up the market, we could raise another 50 billion, even 100 billion yuan. But that money belongs to the wealthy..."
Our goal at Tianjin Capital is to generate profits in the financial market and then distribute those profits to ordinary people, because ordinary people really need those 30,000, 50,000, or 100,000 to 80,000 yuan.
Guan Sheng: “…”
Why the hell did you raise the pitch so high for no reason?
How should Guan Sheng refute this?
There's no way to refute it.
Lin Lang, no wonder he was able to build up Big Fish Media. He was born knowing how to market himself and how to position himself on the highest moral ground.
Domestic mutual funds are essentially doing this: balancing the market and distributing wealth.
However, once you start doing it, you realize that it's impossible to follow the predetermined plan.
Everyone has selfish motives, and everyone values their own interests more.
Of course, this doesn't mean he believes what Lin Lang said.
If Lin Lang really thought that way, Tianjin Hybrid Selection and Tianjin Global Selection wouldn't have so much of their own capital.
Isn't the free money ultimately earned by them?
All I can say is that it didn't cause fund investors to lose money.
"Never mind, I'll just call President Yan from now on."
He couldn't out-talk Lin Lang.
He's always spouting grand principles; who wants to argue with him about that?
Now he's so afraid to say anything bad about the gold coin system.
They might even have to find ways to maintain his gold coin system in the future.
After all, his gold coin system is designed to distribute money to ordinary people; the greater the empowerment, the more money will be distributed to ordinary people.
"No, we can still chat often in the future. I have many things I would like to ask you, a senior, for advice."
"Is there anything else you need to ask others for advice on?"
"Yes, I'd like to ask someone if 100x leverage is risky. You have a lot of experience, could you give me some advice?"
Guan Sheng: "What do you want to do?"
"Actually, what I originally wanted was 400x leverage..."
"No! Absolutely not!"
"Haha, just kidding, don't take it seriously, I should go eat now."
Lin Lang hung up the phone, but Guan Sheng felt even more unable to sleep.
I shouldn't have made that call.
Lin Lang's words about leverage of 100x or 400x all pointed in one direction.
With leverage of 100 times, a fluctuation of just one point can lead to a margin call.
With a leverage of 400 times, a fluctuation of 0.25% will result in a margin call.
Of course, behind every margin call lies the potential for doubling one's investment.
He had always known that Tianjin Global Selection was using leverage, but the leverage ratio was not high, and it was playing options, which are relatively low-risk.
Of course, the so-called low risk is only relative to the position of Tianjin Global Selection.
They hold a lot of stocks, so even if they lose tens of millions or hundreds of millions of dollars, it won't be a crippling blow.
But Lin Lang was clearly not referring to Tianjin Global Selection, but rather to the new QDII fund.
Because he wants to empower Tianjin Wealth Coins!
He wanted to take a risk; he wanted to achieve explosive results.
Not one time, not three times, not five times...
……
"What do you mean by 100x leverage, 400x leverage? Are you going to trade forex?"
Yan Li served the rice to Lin Lang and asked a question.
Lin Lang didn't hide his phone call from her just now.
"No, he called late at night, I just wanted to scare him."
"Try the food first and see if it suits your taste. If you want anything, just tell me and I'll have Auntie make it."
"I've already tried them, and they're all my favorites. Besides, everything tastes better when I'm eating with you."
Yan Li sensed that Lin Lang seemed to have changed.
He never used to talk to me about these things on his own initiative.
They do say things to praise themselves, but those words are clearly just a formality.
"Then eat more. Will you sleep here tonight?"
"If Mr. Yan doesn't mind, you can stay here tonight. If you don't mind..."
"When have I ever disliked you?"
Before Yan Li ate, she first put some food on Lin Lang's plate.
She didn't want to eat too much; she mostly just watched Lin Lang eat.
As for what Lin Lang just said, she didn't know if Guan Sheng would take it seriously, but based on her understanding of Lin Lang, he would never say anything casually.
Yan Li immediately thought of the foreign exchange market because in legitimate financial markets, there are actually very few places that offer leverage of 100 or 400 times.
For example, in US Treasury bond trading, leverage of 50 to 100 times is already the limit, and basically no institution is willing to provide such high leverage. Normally, it is between 20 and 50 times.
The only option that offers leverage up to 100x is precious metal spot contract trading, but normal institutions won't offer leverage up to 400x; 100x is already the limit.
Of course, there is another thing called end-of-day options.
It is a type of option.
For example, if an option expires tomorrow and can either be exercised or voided, the option premium is almost zero. If you are lucky enough to make a profit at that time, the leverage could reach hundreds or even thousands of times.
But that's not a stable leveraged product.
In the foreign exchange market alone, there are many institutions willing to offer leverage of 100 times, quite a few willing to offer leverage of 400 times, and some even offer leverage of 1,000 times.
However, the foreign exchange market is really risky.
Those fluctuations might only last for a blink of an eye.
Yan Li definitely pays attention to the foreign exchange market, after all, Tianjin Capital will also be involved in foreign exchange settlement in the future, which is also a basic skill for her.
The daily trading volume in the foreign exchange market is staggering, making it a paradise for true speculators.
But it is also hell.
She never imagined Lin Lang would go to a place like that, because based on her understanding of Lin Lang, he was a very strategic guy who liked to outsmart others.
Of course, it cannot be ruled out that he possessed some very important intelligence.
With leverage of 100x or even 400x, can intelligence really be used to its full potential?
A leverage of 100 times might be okay, but a leverage of 400 times is pure gambling.
"Should I contact the brokers in advance? Getting in touch with them will make things much easier later on."
Yan Li asked a question.
"Okay, but we need to find a few more, I'll need quite a few contracts later."
Yan Li: "..."
You just said you were scaring Guan Sheng!
(End of this chapter)
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