Reborn as a female internet celebrity in a county town

Chapter 365 Masochistic Psychology
The new QDII fund is currently only in the preparation stage.

Even after completing the process, Lin Lang wouldn't go online immediately; he wanted to wait for a window to open.

"The quantitative department needs to set up an intelligent computing center, which may cost a lot of money."

Lin Lang told Yan Li about this.

This is not something that can be done in a short time; it would be fine if it could be completed within two years.

"Uh-huh."

Yan Li snuggled closer to Lin Lang.

Before she knew it, she had been spending almost half a year with Lin Lang. Although she had done everything she was supposed to do, she hadn't really felt that Lin Lang liked her that much before.

The two mainly collaborate, with him providing the platform and helping with management, while he monetizes his abilities.

In Yan Li's view, Lin Lang must have contributed more, because his abilities are currently irreplaceable.

I thought things would stay the same from now on, but from yesterday to today, some subtle changes have suddenly appeared in Lin Lang.

It has a sour, pungent smell of being in love.

Yan Li had never thought about being in love before, nor had she ever experienced what it felt like to be in love.

But after trying it out for some reason, it felt... kind of good?

That feeling, the sense of security it brings, is something that cannot be obtained through scheming and intrigue.

It was completely different from the romance I had imagined before.

The kind of love I imagine is nothing more than sweet nothings, childish attempts to please each other, and doing meaningless things all day long.

However, the emotional value brought about by the process of falling in love is overlooked.

……

The eighth day of the first lunar month, Thursday.

Although Saturday is a day off in lieu of a holiday, the A-share market will be closed this week, so Thursday will be the penultimate trading day for Tianjin Capital.

After Lin Lang and Yan Li arrived at the company, they each went about their own business.

Tianjin Capital's structure is becoming more and more complete and complex, which is quite stressful for Yan Li, a recent college graduate, to manage.

After all, besides generating revenue, Tianjin Capital also has to manage hundreds of people and has other tasks besides the fund.

There are two main things: preparing and approving the new fund, and contacting brokers as Lin Lang requested.

There are many foreign exchange markets, but they all basically rely on the support of brokers because brokers facilitate transactions and provide leverage.

Of course, brokers don't necessarily have to put up that much money; in finance, it's all about numbers.

As the numbers circulate among various parties, interest rates rise.

This is also why banks make money.

The bank pays depositors a certain interest rate so that it can take the depositors' money out to lend. After the money is lent out, it will quickly flow back to the bank and be lent out again.

This efficiency is actually not very high, but it is enough to ensure that the bank has a large amount of stable revenue every year.

Even after deducting all expenses, the four major banks all have a price-to-earnings ratio of 5, which means that their net profit is around 20%. After all, the price-to-earnings ratio reflects the earnings per share, which means that based on the current net profit, it would take five years to earn back the profits of a company.

Of course, a company's profitability cannot be calculated solely based on its stock market value. The overall size must also be considered, since market value is merely how much others believe a company should be worth.

Many companies have annual revenues of hundreds of billions, but there are also many with market capitalizations of only a few billion or two or three hundred billion.

Overall, lending is the most profitable business in the world.

Foreign exchange brokers are essentially lenders; they match buyers and sellers and can make a steady profit.

Various funds circulated idly, leading to leverage of several times or even dozens of times, resulting in astonishing annual returns.

Therefore, Yan Li negotiated a very low interest rate.

Transaction fees, overnight interest, and leveraged interest combined cost only 1.5%.
This is considered a relatively low price; normally it would be between 2% and 2.5%.

Aside from the current low benchmark interest rate for the US dollar, the most important factor is that Yanli has a large amount of margin, making him a major client for any brokerage firm.

Yan Li didn't know what Lin Lang was planning to do, but she just needed to prepare the things. The foreign exchange market wasn't her forte, and she couldn't handle it at all.

As for Lin Lang?

She would believe Lin Lang even if he said he had made hundreds of billions of dollars in Bitcoin.

This guy has a keen sense for any financial product, and he even designs financial products himself.

For example, the Tianjin Wealth Gold Coin has risen to 26 yuan overnight.

In the stock market, it rose 30% in one day.
Regardless of the industry, this data is absolutely phenomenal.

If domestic regulations allow, a Tianjin Wealth Gold Coin futures contract could be listed, which could potentially shake up a huge market.

……

After spending the night trying to calm himself down, Huang Yusheng decided that he had no choice but to save himself.

If we stop him from making large transactions, surely he can still make a million every day without any problem?

You always need to find something to do.

To his surprise, the top ten holdings of Tianjin Hybrid Selection all opened higher today, with most opening one or two percentage points higher.

Normally, a gap up should face downward pressure, since the funds that entered the market yesterday may choose to exit.

But... even with strong selling pressure, and after several pullbacks during the day, it never fell below the zero line. In fact, in the afternoon, the bears gave up and started to cooperate with the rally.

Until the market closed, it had risen by three or four points.

More or less...

Huang Yusheng was truly stunned...

Because today's rise means he has recovered a large sum of money, tens of millions.

He tried selling a few hundred lots today...

It turned out that he sold at the lowest point; if he hadn't sold, he could have made tens of thousands more yuan.

Depend on!
He didn't know how to describe this feeling.

It seems like aliens invaded and kidnapped a worker who worked 996 all day, making him a slave for the aliens.

Then, the aliens devised a wicked scheme: they would make this slave work six hours a day, eat only four dishes a meal, have only ten days off a month, and pay him only 500 grams of gold.

He didn't know what was going on. On the surface, it seemed like large funds had entered the market to support the price.

Even though it is still at a high level.

Of course, these figures don't deviate from the basic logic of the stock price. If they did deviate from the logic, the price would have increased by two or three times, but these stocks haven't even doubled yet.

Overall, however, it's a bit too high...

But whether it's too high or not doesn't matter at all. After all, as long as there are funds willing to participate, then it's a good stock.

If you really want to look at the fundamentals, why not just buy bank stocks?

Those high-dividend stocks in the A-share market have basically been languishing on the ground year after year, ignored by everyone. From yesterday's limit-down rebound to today's strong opening, even if it only closes at three or four percent, it means that the sentiment has subsided, and there is a high expectation for a recovery.

At this point, he didn't want to leave anymore.

Even if he is optimistic about the liquor sector, it is currently in a correction phase. Who knows if it will fall by 20%, or even how long the correction will last?
What if it corrects for six months?
He is not the absolute main force; before the market trend of liquor is determined, the risk for him is still quite significant.

There's no need to participate once the market trend is clear.

"I'm such a jerk!"

Bored, he downloaded the Tianjin Wealth app and started browsing.

He had no idea what kind of changes he had experienced in his heart within just one day.

I was supposed to break down yesterday, but...

No need to panic anymore, and we even got a reverse package today...

However, after opening some posts and taking a look, he discovered something incredibly shocking.

That is, the new QDII fund units of Tianjin Capital have been fully subscribed.

That's 6.8 million copies!

If each ID card can only be used to apply for one purchase, how long does it take a total of twenty-three hours?

Is this scientific?

Around 4 PM, the account of Mr. Yan's assistant directly posted the subscription logic, ensuring that they had genuinely released 6.8 million shares, and that each one was a real user subscription, without any backdoor deals.

However, it will take some time for the funds to be confirmed, and it is expected that all confirmations will be completed within approximately fourteen business days.

After all, the maximum amount per transaction is only one thousand yuan, and the total is six million eight hundred thousand yuan, so it is understandable that it takes a little longer.

"It's bound to fall apart sooner or later!"

Huang Yusheng is not optimistic about Tianjin Wealth Gold Coin. Tianjin Capital wants to forcefully empower it, and after empowerment, it may get out of control, especially if it affects the domestic monetary system, which is a terrible crime!
However, when he arrived at the black market and found the posts about buying and selling gold coins, he was stunned for a moment.

Because some posts say 26 yuan, but some posts only have 24 yuan left.

Meanwhile, there are other posts that list today's prices, past prices, etc.

He compared the prices and found that Tianjin Wealth Gold Coins were only 20 yuan each yesterday morning, but reached 26 yuan this morning, and just now, they dropped back to 24 yuan.

Because the first wave of expectations has ended.

Just a few dozen points of fluctuation?
However, there are countless posts asking to buy gold coins; there are tens of thousands of posts on the black market, all of them asking to buy.

In particular, more than a dozen posts have already received over 200,000 replies, with titles that explicitly state: "Buying long-term! Instant payment! As long as the post is still up, we're buying; no need to ask if it's still there!"
The amount of gold coins held by those accounts was terrifyingly high.

There may already be millions, or even tens of millions...

Huang Yusheng scrolled through several more posts and found that the gold coins started at one yuan each, but the one yuan price only lasted for less than ten hours before rising to three yuan each. Before the Lunar New Year, the price rose to fifteen yuan, and then, for various reasons, it rose to twenty yuan.

Immediately afterwards, Tianjin Capital announced the allocation of shares, pushing it up to 26% in one go, before it has since fallen back to 24%.

The price may drop further, as many people have run out of money to use the coins they earned from daily check-ins.

If you sell it for a little over twenty yuan, a family of four can receive nearly a hundred yuan a day.

This is no small sum of money.

In less than a month, it increased by more than twenty times...

This is horrible.

Although it started out small, it's grown quite large now.

If Tianjin Capital's QDII fund performs well this time, then there is no doubt that the price of gold coins will continue to rise.

It's not just a few dollars up, it could be tens of dollars up.

After all, according to the rules set by Tianjin Capital, you can only get some gold coins by signing in in the early stages, and the amount of gold coins you can get by signing in later is very small.

Why am I so tempted?
He watched as some newcomers in the black market tried to buy, even offering prices of twenty-seven or twenty-eight, but no one paid any attention.

Nobody believed them at all.

They can't possibly transfer money to others first.

In this situation, you should find a few people on your side to inflate the sales figures so that others will believe you.

So stupid!

Everyone who runs an online store knows about fake orders.

Hey……

He didn't feel anything before, but after actually getting his hands on it, he realized how incredibly tempting it was.

……

Tianjin Hybrid Selection successfully reversed its losses on the second trading day after the New Year, forcibly digesting all the previous negative sentiment.

As for the two new funds, they also rose for two consecutive days, although the overall gains were not significant.

Among them, the Long-Term Pioneer A, which has a relatively large scale, had a net value increase of less than one percentage point today due to its low position ratio, while the Innovation Pioneer A had a net value increase of two percentage points today.

This is also part of Lin Lang's approach to training fund investors. By limiting positions, he can not only allow the two funds to control the market in the future, but also differentiate their net asset values.

After all, half of the positions in Tianjin Innovation Pioneer A are profitable, while only 20% of the positions in Long-Term Pioneer A are currently profitable, with the remaining 80% all in the red.

The fund with the highest increase was actually the Tianjin Hybrid Selection Fund, which rose by three percentage points today.

Friday arrived quickly, the last trading day of the first week after the New Year.

The overall trend remained largely unchanged. Even though the liquor sector performed weaker than usual, with the overall sector only rising by 0.20%, Tianjin Mixed Selection still rose by nearly three points.

After these three points of increase, the net asset value of Tianjin Hybrid Selection recovered the loss of 8.

Of course, it's far inferior to Tianjin Global Selection.

On Wednesday, the net asset value (NAV) of Tianjin Global Selection Fund reached 9. Although it dropped two points on Thursday, it rose six points on Friday, successfully reversing the previous decline and reaching a new high of 9.35.
As for the net asset value results released early Saturday morning, they once again gave all fund investors an adrenaline rush.

10.47 (+11.99%)

In just half a month, the net asset value of Tianjin Global Selection increased by 9.5 times.

The initial investment of 10,000 yuan has now grown to 95,000 yuan.

The few thousand investors who were initially lured in have now turned into online trolls.

Whenever they find someone online criticizing Tianjin Global Selection, they rush over immediately. After so much time, they have even formed a group and united together.

When encountering related comments, we'd tag all members in the group chat, and then everyone would join in, starting with traditional Chinese culture and then proceeding to insult the other person's ancestors for eighteen generations.

They've long since developed their own theory on which words won't get censored.

As long as the net asset value of Tianjin Global Selection continues to rise, their combat effectiveness will remain strong.

Very strong!

Those were their tears of regret.

(End of this chapter)