Film and Television World Life Record

To date, the initial three million yuan in each regulated account has grown to over forty million yuan, and he now has seven such accounts, holding stocks worth a total of three hundred million yuan.

One of them was liquidated, leaving six. We'll continue to wait and see how the market develops.

After communicating with the staff of the financing company, Li Mu came over the next day to settle the account.

The scene here was even more bustling. The outside was completely filled with all kinds of vehicles, and the inside was even more noisy and lively, with everyone's face showing excitement. It was a sea of ​​black people, all stock market investors.

Some came to leverage their investments, some picked up old accounts that hadn't been used for years, and some were new investors attracted by the booming atmosphere.

Looking at everyone's excited expressions, Li Mu sighed inwardly, wondering how many of them would still be able to smile a little over a month from now.

The procedures went smoothly. In such a booming market, there are quite a few people like Li Mu who make a fortune. It's rare to see someone choose to exit at this point, operating with such calmness and composure.

After deducting 250 million RMB in leveraged financing, interest, and some handling fees, the total settlement amounted to 4065 million RMB.

Emerging from the bustling crowd, Li Mu took a deep breath and looked at the text message on his phone confirming the arrival of 4065 million yuan in funds from the bank. He was in high spirits; his entrepreneurial plan could finally begin.

This is not the real world after all; there is more room for trial and error. He can boldly experiment without any scruples, unafraid of failure or setbacks, even if the system evaluation is low.

If you're lucky and your business goes smoothly, a new business tycoon will rise to prominence in the future.

Back home, Li Mu checked the stock price of Baofeng Video. It hit the daily limit again at the opening of the morning, but a large number of sell orders flooded in at 10:00 a.m., and the stock price was driven down, breaking the record of consecutive daily limit increases.

Currently, the bulls and bears are locked in a fierce battle, causing stock prices to fluctuate wildly, making it difficult to keep track.

However, the development trend did not exceed his expectations, and Li Mu breathed a slight sigh of relief and closed the software.

He lay in bed with his eyes closed, lost in thought for a while, and decided to pick up a luxury car in the afternoon. After all, he was starting a business, and it was a new company at that. It would enhance his image as the boss and also make getting around easier.

Around 5 p.m., Li Mu drove a light blue, top-of-the-line Bentley Continental into the Joyful Song residential complex, registered, and obtained a travel permit.

He bought a house with a parking space included, which saves him a lot of trouble now.

It has to be said that this luxury car that Li Mu bought for five million is quite eye-catching. Not only did the security guards in the community give it a second glance, but it also stood out from the crowd in the underground parking lot.

Li Mu remained calm. He had bought a car like this before, and the comfortable driving experience was one of the reasons he chose this series.

Other brands of similar quality are either sports cars or vehicles like Maybachs or Rolls-Royces, which are not suitable for personal driving and are better suited for hiring a chauffeur. He himself is not enthusiastic about sports cars; they can be used to show off, but they are not practical.

The next day, Li Mu began looking for an office location, while the new company "Original Point Technology" was already being registered through an agency.

After searching for two days, Li Mu finally settled on a 28-story building not far away. It was of a decent standard and met his requirements.

The price is not cheap, five yuan per square meter per day, and each floor has a usable area of ​​more than 2,200 square meters.

Since he was planning to start a business with such ambitious goals, Li Mu didn't want to be petty; he had to set a high standard and broad vision from the very beginning.

This will not only attract more talent to join us, but also demonstrate the company's strength and ambition.

After some investigation, they directly signed a contract for the 23rd, 24th, and 25th floors, totaling 6,800 square meters.

Despite the building company offering some discounts, the annual rent for the third floor is still as high as 12 million.

That's just how it is in Shanghai! If you want to be classy and have a good image, this is the only way.

Speed ​​is of the essence. The office had just been rented when the design firm and decoration company that Li Mu had contacted began to move in.

Since the building itself is of a high standard, the amount of work was not large, mainly involving adjustments to the office layout and various soft furnishings.

Meanwhile, several top-ranked headhunting firms in Shanghai also received commissions from Li Mu to help him find technical and managerial talent.

……

Half a month later.

Inside the hotel's reception room, Li Mu smiled and extended his hand.

"Director Xu, welcome to the company."

Xu Ming also extended his hand and smiled, "President Li, it's an honor to join Origin Technology and contribute to the company's development."

The two shook hands and laughed at the same time.

As the company's first employee besides Li Mu, and also the company's HR director, Li Mu went to great lengths to find such a talent through headhunters.

Xu Ming graduated from Fudan University's School of Business Administration and later pursued a master's degree at the University of Pennsylvania School of Business. He has worked for several Fortune 500 companies both domestically and internationally. His previous job was as the deputy director of human resources at a large domestic technology company.

He is only thirty-five years old this year, in the prime of his life, with outstanding abilities, which is exactly the kind of talent that Li Mu is most eager to find.

As for why he was recruited by Li Mu's newly established startup, firstly, he wanted a change of environment; secondly, the company was quite strong, having just started out and already invested nearly 30 million yuan in rent and renovations. Most startups don't have that kind of confidence and boldness.

Finally, and most importantly, the offer was simply too much. Xu Ming's original annual salary was 1.4 million, but Li Mu rounded it up to 2.4 million.

With such a well-funded startup and such a visionary and decisive boss, what reason did Xu Ming have to say no?

Xu Ming's arrival brought Li Mu a sigh of relief. The most important task for the newly established Origin Technology was recruitment and poaching talent.

We recruit relevant talent through open recruitment markets and discover high-end talent by connecting with major headhunting firms.

He was in charge of these tasks a while ago, and because he had no relevant experience, he was extremely busy.

Now, with Xu Ming joining, I can finally breathe a sigh of relief and focus my energy on other things.

Chapter 107: Fierce Fire Cooking Oil

Time flies, and Baofeng Technology has been showing strong momentum recently. After a two-day adjustment, it has resumed its limit-up trading mode with the overall boom in the A-share market.

On the morning of May 28th, Baofeng Technology's stock price officially reached 298 yuan, and Li Mu knew it was time to exit.

Although the price will continue to rise, and may even be higher than it actually is, that's too far off for him. What he truly wants is what he has in his hands.

After the market opened at 9:30 a.m., although it was locked at the upper limit, there were not many buy orders, only more than 15,000 lots, and there were also a considerable number of sell orders, with the shares being sold off one after another.

Li Mu did not act immediately. He held a large amount of shares and could not make any rash moves before there were enough buyers to take over.

Sitting in front of the computer, watching the market data, he waited silently.

After 10 a.m., the number of sell orders started to increase, from 20,000 lots to 30,000 lots to 35,000 lots... The price stopped rising when the sell orders reached 35,000 lots.

For some reason, Baofeng Video's performance was a bit weak today, and the momentum of huge funds locking up the stock in the past is becoming increasingly rare.

However, this is enough; as long as the speed is fast enough, there is more than enough room to absorb these sell orders.

Li Mu had previously opened seven regulatory accounts through securities firms and margin trading companies, each holding 3821 lots of Baofeng Technology stock. He cashed out one account some time ago, and now he has six left.

Looking at the time, it was already 10:45. Li Mu took out six smartphones and laid them out in a row on the table. Each phone had a brokerage firm's trading software installed.

He operated each account one by one, setting up to sell all 3821 lots of Baofeng Video shares in each regulated account at the daily limit up, leaving only the final click to confirm.

Once everything was ready, Li Mu glanced at Baofeng Video's stock price again. The buy orders had increased again, reaching 37,000 lots.

He took a deep breath and began to act. With the speed of a lightning bolt from Foshan, he tapped the confirmation button six times on the trading apps on six mobile phones, taking less than three seconds.

The next moment, the order book on the computer screen, which had more than 37,000 lots of buy orders, was instantly reduced to just over 14,000 lots.

Li Mu sold a total of 22926 lots in three seconds, cashing out approximately 6.83 million yuan. This is not a small amount; for many, it is an astronomical figure.

Subsequently, many people realized that the market had been crashed, and by a massive number of sell orders.

Everyone knows that Baofeng Technology's current stock price is unrealistic. It was driven up by the bull market in A-shares, but once the momentum is over, it will eventually recede.

Many people, while fantasizing that the storm will continue to surge, are also extremely sensitive, like frightened birds, fearing that the momentum might change at any moment.

Such a massive sell order naturally triggered a chain reaction, and many people realized what was happening, with most of the buy orders placed at the daily limit being withdrawn instantly.

On the contrary, more sell orders were dumped, and the buy orders at the limit up price were instantly snapped up. Then the stock price began to fall all the way down: 9%, 8%, 7%... -1%, -2%... In just over ten minutes, Baofeng Video's stock went from the limit up price to the limit down price.

A 20% price fluctuation, from sky-high to floor-low – such dramatic changes left countless people speechless.

The bulls seemed to have realized what was happening and began to organize a counterattack. Then, countless buy orders poured in, -9%, -8%, -7%... all the way up to 1%, and the bears also increased.

Thus, after a fierce battle, the bulls finally gained the upper hand two minutes before the morning close, pushing the stock price back to its daily limit, and the battle ended abruptly.

After that, Li Mu stopped paying attention to these things and spent two days settling accounts with the six financing companies.

After repaying the leveraged loans and settling the interest and handling fees, the remaining funds were still as high as 6.64 million RMB, which made him quite emotional.

Now, Origin Technology no longer lacks initial development funds and doesn't need to beg for investment like other entrepreneurs.

However, despite the good profits this time, another tempting opportunity awaited him.

May has passed, and June has arrived. The peak of the A-share market is approaching. Following government intervention, the stock market will experience a sharp decline; it would be unreasonable not to take advantage of this opportunity.

For example, you can easily make a fortune by playing the securities lending business.

……

Two days later, at the restaurant downstairs from Huaxin Securities.

“Mr. Li, this place is too simple. We have a long-term private room at Cuihailou. Why don’t we go there?”

Li Mu smiled and said, "President Liu, you don't need to be so polite. This place is quite nice, right downstairs from Huaxin Building. Let's just grab a bite; it's close by, so there's no need to go to all that trouble."

The two then sat down at the table by the window.

Manager Liu said, "Mr. Li, since you have a large amount of capital and are engaged in securities lending, the leverage we can provide for you will not be too high due to policy and regulatory influences. Please understand."

Li Mu said, "I understand. The stock market is currently too hot, and it's hard to predict what will happen next. Making any big moves could easily trigger unnecessary risks."

Manager Liu breathed a sigh of relief and said, "Thank you for your understanding, Mr. Li. We will do our best to provide you with all the necessary services."

Li Mu smiled and asked, "Specifically, how much can you give me?"

Manager Liu looked at Li Mu, this major client, with some nervousness, fearing that the other party might not be satisfied.

"The maximum amount that can be provided for short selling is 2.5 times the amount of securities."